Tender Offer - Accordant ODCE Index Fund

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Form Type: N-23C3A

Filing Date: 2025-04-17

Corporate Action: Tender-offer

Type: New

Accession Number: 000139834425007247

Filing Summary: Accordant ODCE Index Fund announces a quarterly repurchase offer for shareholders to sell their shares. The repurchase period runs from April 15, 2025, to May 6, 2025. The fund will repurchase up to 5% of its outstanding shares at the net asset value as of the Repurchase Pricing Date, which will be calculated shortly after the request deadline. Shareholders must submit their requests in proper form to the fund's Transfer Agent by 4:00 p.m. Eastern Time on the deadline. If demand exceeds the number of shares available for repurchase, the repurchases will be conducted on a pro rata basis. Acceptable repurchase requests may be modified or withdrawn prior to the deadline. The document stresses the importance of timely submission and provides guidance on potential tax implications related to the repurchase. Additionally, it outlines the procedures for submitting repurchase requests and mentions the potential for fluctuations in the net asset value during the tender request period.

Document Link: View Document

Additional details:

Investment Company Name: Accordant ODCE Index Fund

Repurchase Offer Period Start: 2025-04-15

Repurchase Offer Period End: 2025-05-06

Repurchase Request Deadline: 2025-05-06

Share Repurchase Percentage: 5%

Net Asset Value Class I: 9.26

Net Asset Value Class A: 9.23

Net Asset Value Class Y: 9.26

Form Type: N-23C3A

Filing Date: 2025-01-15

Corporate Action: Tender-offer

Type: New

Accession Number: 000139834425000686

Filing Summary: Accordant ODCE Index Fund has announced a quarterly repurchase offer for its shares, allowing shareholders liquidity and access to their assets. The repurchase period starts on January 14, 2025, and ends on February 4, 2025, at 4:00 p.m. ET. The Fund is offering to repurchase up to 5% of its outstanding shares, calculated based on net asset value (NAV) on the Repurchase Pricing Date. If submitted requests exceed the 5% threshold, the Fund may, at its discretion, increase the amount repurchased by up to 2% and will manage any oversubscription on a pro rata basis. The NAV per share as of January 7, 2025, is listed as $9.30 for Class I Shares and Class Y Shares, and $9.27 for Class A Shares. Shareholders wishing to participate must submit their repurchase requests in proper form to the Fund's Transfer Agent by the specified deadline, with payments expected to be processed between one to three business days following the pricing date. The document emphasizes the need for proper submission and mentions the tax implications for shareholders participating in the repurchase.

Document Link: View Document

Additional details:

Repurchase Offer Period Start: 2025-01-14

Repurchase Request Deadline: 2025-02-04

Net Asset Value Class I: 9.30

Net Asset Value Class A: 9.27

Net Asset Value Class Y: 9.30

Maximum Shares Repurchased: 5%

Potential Additional Shares Repurchased: 2%

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