Expenses
Basis: Percent of net assets attributable to common shares (SEC N-2 fee table, Inline XBRL) · Form 424B1 · source filing. A management fee charged on managed assets (including leverage) is a larger share of common net assets than the headline rate suggests.
| Period | Form | Total | Net | Mgmt fee | Other | Interest | Waivers |
|---|---|---|---|---|---|---|---|
| Sep 29, 2026 | 424B1 | 3.10% | — | 2.00% | 0.95% | 0.00% | — |
| Sep 28, 2026 | N-2 | 3.10% | — | 2.00% | 0.95% | 0.00% | — |
| Sep 22, 2026 | N-2 | 3.10% | — | 2.00% | 0.95% | 0.00% | — |
| Sep 2, 2026 | N-2/A | 3.10% | — | 2.00% | 0.95% | 0.00% | — |
| Jul 29, 2026 | N-2/A | 3.10% | — | 2.00% | 0.95% | 0.00% | — |
Illustrative cost of $10,000
Leverage
Leverage amplifies both gains and losses and increases the volatility of NAV and market price. Financing costs (interest on borrowings, dividends on preferred shares) reduce distributable income and are included in the total expense ratio when the fund reports them that way. Instruments, fixed-versus-floating terms, reset dates and maturities are described in the notes to the financial statements. “No reported borrowing” does not rule out economic leverage from derivatives or structured instruments.
Where to verify
- Registration statement amendment (Form N-2/A) — N-2/A (Sep 28, 2026)
- Registration statement amendment (Form N-2/A) — N-2/A (Sep 23, 2026)
- Registration statement amendment (Form N-2/A) — N-2/A (Sep 22, 2026)
- Registration statement amendment (Form N-2/A) — N-2/A (Sep 3, 2026)
CEF Explorer research page for Ives Ultra AI Opportunities Inc.. Figures carry their own dates and sources; a discount to NAV does not guarantee convergence or any return. This is not investment advice.