Bluerock High Income Institutional Credit Fund Generated an 11.7% Annualized Distribution Rate over the Trailing 12 Months
Bluerock High Income Institutional Credit Fund (the “Fund” or the “High Income Fund” tickers: IIMAX, IIMCX, IIMWX) announced that for the first quarter of 2025, the Fund paid its eleventh consecutive quarterly distribution, generating an 11.7% annualized rate over the trailing 12 months.1 Shareholders invested for the entire quarter will receive a total distribution amount of approximately $0.53 per share. The Fund’s 14 total distributions since inception on 6.21.2022 total approximately $7.66/share.
The Fund has continued to strategically diversify its portfolio in 2025, investing in more senior positions within the CLO capital structure, effectively reducing potential risk while simultaneously delivering compelling yield generation, strengthening the risk-adjusted return profile of the Fund.
“The Fund is identifying compelling opportunities in CLO debt, where strong yield generation is supported by payment of priority in the capital stack providing downside protection. The Fund to continues to deliver on its investment objectives of generating high income, attractive total returns, and maintaining low correlation2 to broader markets as evidenced by the 13.7% net return to the Fund’s shareholders in 2024, driven by the Fund’s underlying exposure to senior secured loans, which are the most senior position in corporate capital structures,” said Jeffrey Schwaber, CEO of Bluerock Capital Markets.
The Fund currently maintains underlying positions in 91 collateralized loan obligations representing approximately $37.7 billion in aggregate underlying loan value with exposure to over 2,250 underlying senior secured loans across multiple diverse industries (underlying holdings as of 12.31.2024 and are subject to change at any time and should not be considered investment advice). Net assets under management for the High Income Fund are approximately $184 million as of March 31, 2025.
About Bluerock High Income Institutional Credit Fund
The Bluerock High Income Institutional Credit Fund (the “Fund”) is a public, closed-end interval fund that provides individual investors access to a rapidly growing institutional asset class. The Fund’s primary investment objective is to generate high current income, while secondarily seeking attractive, long-term risk-adjusted returns, with low correlation to the broader markets. The Fund seeks to accomplish its objectives by investing, directly and indirectly, in private credit through actively managed pools of diversified Senior Secured Loans known as Collateralized Loan Obligations (CLOs). The Fund has partnered with WhiteStar Asset Management, LLC, whose management team has overseen the issuance of $40 billion in CLOs since 2001, to serve as sub-advisor to the Fund. An investment in the Fund seeks to provide investors with the following potential benefits across various market cycles. The minimum investment in the Fund is $2,500 ($1,000 for retirement plans) for Class A and C shares. For copies of the Fund’s public company filings, please visit the U.S. Securities and Exchange Commission’s website at sec.gov or the Company’s website at bluerockfunds.com.
