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What is the trade date?

The IncomePlus Fund’s trade date occurs on the first day of each month. The trade date is the date when you officially become a member of the Fund from an accounting standpoint. This is the date you will begin to pay fees and accrue a preferred return and dividend. For example, if you fund your investment on July 15, you will be assigned a trade date of Aug. 1. Between the time of the investment date and the trade date, you will not pay any fees and won’t accrue a dividend.