Liquidation: Ecofin Tax-Exempt Private Credit Fund, Inc.

Form Type: N-CSRS

Filing Date: 2025-06-09

Corporate Action: Liquidation

Type: Update

Accession Number: 000121390025052521

Filing Summary: The Tax-Exempt Private Credit Fund, Inc. filed its semi-annual shareholder report for the period ending March 31, 2025, reporting key updates following the approval of a Plan of Liquidation and Termination by shareholders on October 24, 2024. This plan aims to conduct an orderly liquidation of the Fund's assets to settle debts and distribute liquidating proceeds to shareholders. In the reporting period, the Fund successfully exited 16 portfolio investments, leading to substantial interest income distributions to shareholders. Management plans to return liquidation proceeds via quarterly distributions, targeting completion of liquidation by mid-2027, although this timeline is subject to market conditions. As of March 31, 2025, the Fund has ceased new investments and is focused entirely on liquidating existing portfolio assets while preserving shareholder value. Preliminary fiscal year-to-date returns include an overall income stream of 7.99%, reflecting challenges in market performance resulting in a total return of (0.51)%.