Morningstar

Bramshill Multi-Strategy Income Fund Class A Shares BRLAX

Medalist Rating as of Aug 31, 2026 See Liberty Street Investment Hub

Strategy

The investment seeks total return with an emphasis on providing current income. Under normal market conditions, the fund will pursue its investment strategy by investing primarily in securitized products, which represent interests in “pools” of assets, including securities backed by residential real estate, commercial real estate, corporate debt, and loans, and consumer and commercial assets. In addition, the fund may enter into repurchase agreements and reverse repurchase agreements. The fund is non-diversified.

Ticker	Name	Share Class Type	Investment Status	Morningstar Rating for Funds Overall	Medalist Rating Overall	Inception Date	Total Net Assets for Share Class	Adjusted Expense Ratio	Fee Level Distribution	Minimum Initial Investment	1-Year Net Flow
BRLMX	Bramshill Multi-Strategy Income Fund Institutional Class Shares	Institutional	Open			Jul 31, 2009	$392.29M	1.190%	High	$1M	$153.75M
BRLAX	Bramshill Multi-Strategy Income Fund Class A Shares	Front Load	Open			Dec 31, 2015	$6.90M	1.440%	High	$2,500	$1.80M
BRLCX	Bramshill Multi-Strategy Income Fund Class C Shares	Level Load	Open			Dec 31, 2015	$2.55M	2.190%	High	$2,500	−$360,124.16

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