19 Mar 2025
📈SEC Notice on Columbia Credit Opportunities Fund Exemptions
Columbia Credit Income Opportunities Fund and Columbia Management Investment Advisers, LLC
Summary
The notice from the Securities and Exchange Commission pertains to an application for exemptions under the Investment Company Act, allowing the Columbia Credit Income Opportunities Fund to issue multiple classes of shares and implement service fees and early withdrawal charges. Interested parties may request a hearing on the matter.
Agencies
- Securities and Exchange Commission
Business Impact
$$ - Med
The SEC notice involves an application for exemptions that would impact registered closed-end investment companies, allowing them to issue multiple classes of shares and impose fees. This can influence investment strategies and compliance requirements for fund managers and may affect the fundraising abilities of related investment entities.