Monthly Report under the Plan of Distribution for the
Infinity Q Diversified Alpha Fund
June 30, 2025
Pursuant to Section IV of the Plan of Distribution adopted on June 7, 2021, as updated November 8, 2021, and as amended by the Special Master and approved by the federal court on March 26, 2024, the Fund presents certain financial information on a monthly basis.
Below is the information for the month ended June 30, 2025.
|
Beginning Money Market Fund Balance |
$111,854,344 |
|
Money Market Fund Dividends Received (June 1-30, 2025) |
$398,030 |
| Expenses Paid (June 1-30, 2025)* | ($408,233) |
| Ending Money Market Fund Balance at June 30, 2025 | $111,844,141 |
|
Money Market Fund Dividends Accrued (June 1-30, 2025) |
$385,376 |
|
Total Assets at June 30, 2025** |
$112,229,517 |
|
Remaining Special Reserve Amount at June 30, 2025 |
$96,590,639 |
|
Undistributed Net Income at June 30, 2025 |
̶ |
|
* At June 30, 2025, the Fund had unpaid expenses currently under the review of the Special Master and pending approval by the Court. |
|
| ** The Fund’s Total Assets include an accrual for dividends declared on its money market fund investment throughout each month. Those accrued dividends are not part of the month-end money market fund balance because the money market fund typically pays those dividends in the following month, at which time they are reinvested in the money market fund. For example, the Fund’s total assets of $112,229,517 as of June 30, 2025 consisted of the June month-end money market fund balance of $111,844,141 and June money market fund dividend accrual of $385,376. As shown above, the May dividends accrued were received by the Fund in June. | |
Monthly Report under the Plan of Distribution for the
Infinity Q Diversified Alpha Fund
May 31, 2025
Pursuant to Section IV of the Plan of Distribution adopted on June 7, 2021, as updated November 8, 2021, and as amended by the Special Master and approved by the federal court on March 26, 2024, the Fund presents certain financial information on a monthly basis.
Below is the information for the month ended May 31, 2025.
|
Beginning Money Market Fund Balance |
$111,687,135 |
|
Money Market Fund Dividends Received (May 1-31, 2025) |
$387,566 |
| Expenses Paid (May 1-31, 2025)* | ($220,357) |
| Ending Money Market Fund Balance at May 31, 2025 | $111,854,344 |
|
Money Market Fund Dividends Accrued (May 1-31, 2025) |
$398,030 |
|
Total Assets at May 31, 2025** |
$112,252,374 |
|
Remaining Special Reserve Amount at May 31, 2025 |
$96,998,872 |
|
Undistributed Net Income at May 31, 2025 |
̶ |
|
* At May 31, 2025, the Fund had unpaid expenses currently under the review of the Special Master and pending approval by the Court. |
|
| ** The Fund’s Total Assets include an accrual for dividends declared on its money market fund investment throughout each month. Those accrued dividends are not part of the month-end money market fund balance because the money market fund typically pays those dividends in the following month, at which time they are reinvested in the money market fund. For example, the Fund’s total assets of $112,252,374 as of May 31, 2025 consisted of the May month-end money market fund balance of $111,854,344 and May money market fund dividend accrual of $398,030. As shown above, the April dividends accrued were received by the Fund in May. | |
Monthly Report under the Plan of Distribution for the
Infinity Q Diversified Alpha Fund
April 30, 2025
Pursuant to Section IV of the Plan of Distribution adopted on June 7, 2021, as updated November 8, 2021, and as amended by the Special Master and approved by the federal court on March 26, 2024, the Fund presents certain financial information on a monthly basis.
Below is the information for the month ended April 30, 2025.
|
Beginning Money Market Fund Balance |
$111,506,728 |
|
Money Market Fund Dividends Received (April 1-30, 2025) |
$400,017 |
| Expenses Paid (April 1-30, 2025)* | ($219,610) |
| Ending Money Market Fund Balance at April 30, 2025 | $111,687,135 |
|
Money Market Fund Dividends Accrued (April 1-30, 2025) |
$387,565 |
|
Total Assets at April 30, 2025** |
$112,074,700 |
|
Remaining Special Reserve Amount at April 30, 2025 |
$97,219,228 |
|
Undistributed Net Income at April 30, 2025 |
$22,373 |
|
* At April 30, 2025, the Fund had unpaid expenses currently under the review of the Special Master and pending approval by the Court. |
|
| ** The Fund’s Total Assets include an accrual for dividends declared on its money market fund investment throughout each month. Those accrued dividends are not part of the month-end money market fund balance because the money market fund typically pays those dividends in the following month, at which time they are reinvested in the money market fund. For example, the Fund’s total assets of $112,074,700 as of April 30, 2025 consisted of the April month-end money market fund balance of $111,687,135 and April money market fund dividend accrual of $387,565. As shown above, the March dividends accrued were received by the Fund in April. | |
Monthly Report under the Plan of Distribution for the
Infinity Q Diversified Alpha Fund
March 31, 2025
Pursuant to Section IV of the Plan of Distribution adopted on June 7, 2021, as updated November 8, 2021, and as amended by the Special Master and approved by the federal court on March 26, 2024, the Fund presents certain financial information on a monthly basis.
Below is the information for the month ended March 31, 2025.
|
Beginning Money Market Fund Balance |
$111,340,049 |
|
Money Market Fund Dividends Received (March 1-31, 2025) |
$363,278 |
| Expenses Paid (March 1-31, 2025)* | ($196,599) |
| Ending Money Market Fund Balance at March 31, 2025 | $111,506,728 |
|
Money Market Fund Dividends Accrued (March 1-31, 2025) |
$400,017 |
|
Total Assets at March 31, 2025** |
$111,906,745 |
|
Remaining Special Reserve Amount at March 31, 2025 |
$97,438,838 |
|
Undistributed Net Income at March 31, 2025 |
$71,481 |
|
* At March 31, 2025, the Fund had unpaid expenses currently under the review of the Special Master and pending approval by the Court. |
|
| ** The Fund’s Total Assets include an accrual for dividends declared on its money market fund investment throughout each month. Those accrued dividends are not part of the month-end money market fund balance because the money market fund typically pays those dividends in the following month, at which time they are reinvested in the money market fund. For example, the Fund’s total assets of $111,906,745 as of March 31, 2025 consisted of the March month-end money market fund balance of $111,506,728 and March money market fund dividend accrual of $400,017. As shown above, the February dividends accrued were received by the Fund in March. | |
Monthly Report under the Plan of Distribution for the
Infinity Q Diversified Alpha Fund
February 28, 2025
Pursuant to Section IV of the Plan of Distribution adopted on June 7, 2021, as updated November 8, 2021, and as amended by the Special Master and approved by the federal court on March 26, 2024, the Fund presents certain financial information on a monthly basis.
Below is the information for the month ended February 28, 2025.
|
Beginning Money Market Fund Balance |
$111,255,095 |
|
Money Market Fund Dividends Received (February 1-28, 2025) |
$403,519 |
| Expenses Paid (February 1-28, 2025)* | ($318,565) |
| Ending Money Market Fund Balance at February 28, 2025 | $111,340,049 |
|
Money Market Fund Dividends Accrued (February 1-28, 2025) |
$363,278 |
|
Total Assets at February 28, 2025** |
$111,703,327 |
|
Remaining Special Reserve Amount at February 28, 2025 |
$97,635,437 |
|
Undistributed Net Income at February 28, 2025 |
$162,941 |
|
* At February 28, 2025, the Fund had unpaid expenses currently under the review of the Special Master and pending approval by the Court. |
|
| ** The Fund’s Total Assets include an accrual for dividends declared on its money market fund investment throughout each month. Those accrued dividends are not part of the month-end money market fund balance because the money market fund typically pays those dividends in the following month, at which time they are reinvested in the money market fund. For example, the Fund’s total assets of $111,703,327 as of February 28, 2025 consisted of the February month-end money market fund balance of $111,340,049 and February money market fund dividend accrual of $363,278. As shown above, the January dividends accrued were received by the Fund in February. | |
Monthly Report under the Plan of Distribution for the
Infinity Q Diversified Alpha Fund
January 31, 2025
Pursuant to Section IV of the Plan of Distribution adopted on June 7, 2021, as updated November 8, 2021, and as amended by the Special Master and approved by the federal court on March 26, 2024, the Fund presents certain financial information on a monthly basis.
Below is the information for the month ended January 31, 2025.
|
Beginning Money Market Fund Balance |
$110,860,084 |
|
Money Market Fund Dividends Received (January 1-31, 2025) |
$418,538 |
| Expenses Paid (January 1-31, 2025)* | ($23,527) |
| Ending Money Market Fund Balance at January 31, 2025 | $111,255,095 |
|
Money Market Fund Dividends Accrued (January 1-31, 2025) |
$403,519 |
|
Total Assets at January 31, 2025** |
$111,658,614 |
|
Remaining Special Reserve Amount at January 31, 2025 |
$97,954,002 |
|
Undistributed Net Income at January 31, 2025 |
$60,303 |
|
* At January 31, 2025, the Fund had unpaid expenses currently under the review of the Special Master and pending approval by the Court. |
|
|
**The Fund’s Total Assets include an accrual for dividends declared on its money market fund investment throughout each month. Those accrued dividends are not part of the month-end money market fund balance because the money market fund typically pays those dividends in the following month, at which time they are reinvested in the money market fund. For example, the Fund’s total assets of $111,658,614 as of January 31, 2025 consisted of the January month-end money market fund balance of $111,255,095 and January money market fund dividend accrual of $403,519. As shown above, the December dividends accrued were received by the Fund in January. |
|
Monthly Report under the Plan of Distribution for the
Infinity Q Diversified Alpha Fund
December 31, 2024
Pursuant to Section IV of the Plan of Distribution adopted on June 7, 2021, as updated November 8, 2021, and as amended by the Special Master and approved by the federal court on March 26, 2024, the Fund presents certain financial information on a monthly basis.
Below is the information for the month ended December 31, 2024.
|
Beginning Money Market Fund Balance |
$110,813,141 |
|
Money Market Fund Dividends Received (December 1-31, 2024) |
$415,556 |
| Expenses Paid (December 1-31, 2024)* | ($366,970) |
| Other Payment** | ($1,643) |
| Ending Money Market Fund Balance at December 31, 2024 | $110,860,084 |
|
Money Market Fund Dividends Accrued (December 1-31, 2024) |
$418,538 |
|
Total Assets at December 31, 2024*** |
$111,278,622 |
|
Remaining Special Reserve Amount at December 31, 2024 |
$97,977,530 |
|
Undistributed Net Income at December 31, 2024 |
$- |
|
* At December 31, 2024, the Fund had unpaid expenses currently under the review of the Special Master and pending approval by the Court. |
|
|
** In December 2024, the Fund returned $1,643 to a financial intermediary that had paid redemption fees to the Fund in error. |
|
| *** The Fund’s Total Assets include an accrual for dividends declared on its money market fund investment throughout each month. Those accrued dividends are not part of the month-end money market fund balance because the money market fund typically pays those dividends in the following month, at which time they are reinvested in the money market fund. For example, the Fund’s total assets of $111,278,622 as of December 31, 2024 consisted of the December month-end money market fund balance of $110,860,084 and December money market fund dividend accrual of $418,538. As shown above, the November dividends accrued were received by the Fund in December. | |
Monthly Report under the Plan of Distribution for the
Infinity Q Diversified Alpha Fund
November 30, 2024
Pursuant to Section IV of the Plan of Distribution adopted on June 7, 2021, as updated November 8, 2021, and as amended by the Special Master and approved by the federal court on March 26, 2024, the Fund presents certain financial information on a monthly basis.
Below is the information for the month ended November 30, 2024.
|
Beginning Money Market Fund Balance |
$110,409,785 |
|
Money Market Fund Dividends Received (November 1-30, 2024) |
$446,366 |
| Expenses Paid (November 1-30, 2024)* | ($43,010) |
| Ending Money Market Fund Balance at November 30, 2024 | $110,813,141 |
|
Money Market Fund Dividends Accrued (November 1-30, 2024) |
$415,557 |
|
Total Assets at November 30, 2024** |
$111,228,698 |
|
Remaining Special Reserve Amount at November 30, 2024 |
$98,344,499 |
|
Undistributed Net Income at November 30, 2024*** |
$- |
|
* At November 30, 2024, the Fund had unpaid expenses currently under the review of the Special Master and pending approval by the Court. |
|
|
** The Fund’s Total Assets include an accrual for dividends declared on its money market fund investment throughout each month. Those accrued dividends are not part of the month-end money market fund balance because the money market fund typically pays those dividends in the following month, at which time they are reinvested in the money market fund. For example, the Fund’s total assets of $111,228,698 as of November 30, 2024 consisted of the November month-end money market fund balance of $110,813,141 and November money market fund dividend accrual of $415,557. As shown above, the October dividends accrued were received by the Fund in November. |
|
| ***The amount of Undistributed Net Income at November 30, 2024 is less than the prior month end’s amount because the Fund will treat the interim liquidating distribution paid by the Fund in April 2024 as providing a dividends paid deduction for U.S. federal income tax purposes for the tax year ending August 31, 2024. | |
Monthly Report under the Plan of Distribution for the
Infinity Q Diversified Alpha Fund
October 31, 2024
Pursuant to Section IV of the Plan of Distribution adopted on June 7, 2021, as updated November 8, 2021, and as amended by the Special Master and approved by the federal court on March 26, 2024, the Fund presents certain financial information on a monthly basis.
Below is the information for the month ended October 31, 2024.
|
Beginning Money Market Fund Balance |
$110,162,430 |
|
Money Market Fund Dividends Received (October 1-31, 2024) |
$457,747 |
| Expenses Paid (October 1-31, 2024)* | ($210,392) |
| Ending Money Market Fund Balance at October 31, 2024 | $110,409,785 |
|
Money Market Fund Dividends Accrued (October 1-31, 2024) |
$446,366 |
|
Total Assets at October 31, 2024** |
$110,856,151 |
|
Remaining Special Reserve Amount at October 31, 2024 |
$98,387,509 |
|
Undistributed Net Income at October 31, 2024 |
$7,656,923 |
|
* At October 31, 2024, the Fund had unpaid expenses currently under the review of the Special Master and pending approval by the Court. |
|
| ** The Fund’s Total Assets include an accrual for dividends declared on its money market fund investment throughout each month. Those accrued dividends are not part of the month-end money market fund balance because the money market fund typically pays those dividends in the following month, at which time they are reinvested in the money market fund. For example, the Fund’s total assets of $110,856,151 as of October 31, 2024 consisted of the October month-end money market fund balance of $110,409,785 and October money market fund dividend accrual of $446,366. As shown above, the September dividends accrued were received by the Fund in October. | |
Monthly Report under the Plan of Distribution for the
Infinity Q Diversified Alpha Fund
September 30, 2024
Pursuant to Section IV of the Plan of Distribution adopted on June 7, 2021, as updated November 8, 2021, and as amended by the Special Master and approved by the federal court on March 26, 2024, the Fund presents certain financial information on a monthly basis.
Below is the information for the month ended September 30, 2024.
|
Beginning Money Market Fund Balance |
$109,998,514 |
|
Money Market Fund Dividends Received (September 1-30, 2024) |
$486,408 |
| Expenses Paid (September 1-30, 2024)* | ($322,492) |
| Ending Money Market Fund Balance at September 30, 2024 | $110,162,430 |
|
Money Market Fund Dividends Accrued (September 1-30, 2024) |
$457,747 |
|
Total Assets at September 30, 2024** |
$110,620,177 |
|
Remaining Special Reserve Amount at September 30, 2024 |
$98,597,902 |
|
Undistributed Net Income at September 30, 2024 |
$7,857,725 |
|
* At September 30, 2024, the Fund had unpaid expenses currently under the review of the Special Master and pending approval by the Court. |
|
| ** The Fund’s Total Assets include an accrual for dividends declared on its money market fund investment throughout each month. Those accrued dividends are not part of the month-end money market fund balance because the money market fund typically pays those dividends in the following month, at which time they are reinvested in the money market fund. For example, the Fund’s total assets of $110,620,177 as of September 30, 2024 consisted of the September month-end money market fund balance of $110,162,430 and September money market fund dividend accrual of $457,747. As shown above, the August dividends accrued were received by the Fund in September. | |
Monthly Report under the Plan of Distribution for the
Infinity Q Diversified Alpha Fund
August 31, 2024
Pursuant to Section IV of the Plan of Distribution adopted on June 7, 2021, as updated November 8, 2021, and as amended by the Special Master and approved by the federal court on March 26, 2024, the Fund presents certain financial information on a monthly basis.
Below is the information for the month ended August 31, 2024.
|
Beginning Money Market Fund Balance |
$109,549,672 |
|
Money Market Fund Dividends Received (August 1-31, 2024) |
$485,291 |
|
Other Revenue* |
$1,643 |
| Expenses Paid (August 1-31, 2024)** | ($38,092) |
| Ending Money Market Fund Balance at August 31, 2024 | $109,998,514 |
|
Money Market Fund Dividends Accrued (August 1-31, 2024) |
$486,408 |
|
Total Assets at August 31, 2024*** |
$110,484,922 |
|
Remaining Special Reserve Amount at August 31, 2024 |
$98,920,394 |
|
Undistributed Net Income at August 31, 2024 |
$7,750,489 |
| * In August 2024, the Fund received redemption fees in the amount of $1,643 from a financial intermediary relating to redemptions that occurred prior to the time the Fund suspended redemptions. | |
|
** At August 31, 2024, the Fund had unpaid expenses currently under the review of the Special Master and pending approval by the Court. |
|
| *** The Fund’s Total Assets include an accrual for dividends declared on its money market fund investment throughout each month. Those accrued dividends are not part of the month-end money market fund balance because the money market fund typically pays those dividends in the following month, at which time they are reinvested in the money market fund. For example, the Fund’s total assets of $110,484,922 as of August 31, 2024 consisted of the August month-end money market fund balance of $109,998,514 and August money market fund dividend accrual of $486,408. As shown above, the July dividends accrued were received by the Fund in August. | |
Monthly Report under the Plan of Distribution for the
Infinity Q Diversified Alpha Fund
July 31, 2024
Pursuant to Section IV of the Plan of Distribution adopted on June 7, 2021, as updated November 8, 2021, and as amended by the Special Master and approved by the federal court on March 26, 2024, the Fund presents certain financial information on a monthly basis.
Below is the information for the month ended July 31, 2024.
|
Beginning Money Market Fund Balance |
$109,303,284 |
|
Money Market Fund Dividends Received (July 1-31, 2024) |
$468,140 |
|
Expenses Paid (July 1-31, 2024)* |
($221,752) |
| Ending Money Market Fund Balance at July 31, 2024 | $109,549,672 |
|
Money Market Fund Dividends Accrued (July 1-31, 2024) |
$485,291 |
|
Total Assets at July 31, 2024** |
$110,034,963 |
|
Remaining Special Reserve Amount at July 31, 2024 |
$98,958,486 |
|
Undistributed Net Income at July 31, 2024 |
$7,715,745 |
|
* At July 31, 2024, the Fund had unpaid expenses currently under the review of the Special Master and pending approval by the Court. |
|
| ** The Fund’s Total Assets include an accrual for dividends declared on its money market fund investment throughout each month. Those accrued dividends are not part of the month-end money market fund balance because the money market fund typically pays those dividends in the following month, at which time they are reinvested in the money market fund. For example, the Fund’s total assets of $110,034,963 as of July 31, 2024 consisted of the July month-end money market fund balance of $109,549,672 and July money market fund dividend accrual of $485,291. As shown above, the June dividends accrued were received by the Fund in July. | |
Monthly Report under the Plan of Distribution for the
Infinity Q Diversified Alpha Fund
June 30, 2024
Pursuant to Section IV of the Plan of Distribution adopted on June 7, 2021, as updated November 8, 2021, and as amended by the Special Master and approved by the federal court on March 26, 2024, the Fund presents certain financial information on a monthly basis.
Below is the information for the month ended June 30, 2024.
|
Beginning Money Market Fund Balance |
$109,323,356 |
|
Money Market Fund Dividends Received (June 1-30, 2024) |
$482,289 |
|
Expenses Paid (June 1-30, 2024)* |
($502,361) |
| Ending Money Market Fund Balance at June 30, 2024 | $109,303,284 |
|
Money Market Fund Dividends Accrued (June 1-30, 2024) |
$468,139 |
|
Total Assets at June 30, 2024** |
$109,771,423 |
|
Remaining Special Reserve Amount at June 30, 2024 |
$99,180,238 |
|
Undistributed Net Income at June 30, 2024 |
$7,248,641 |
|
* At June 30, 2024, the Fund had unpaid expenses currently under the review of the Special Master and pending approval by the Court. |
|
| ** The Fund’s Total Assets include an accrual for dividends declared on its money market fund investment throughout each month. Those accrued dividends are not part of the month-end money market fund balance because the money market fund typically pays those dividends in the following month, at which time they are reinvested in the money market fund. For example, the Fund’s total assets of $109,771,423 as of June 30, 2024 consisted of the June month-end money market fund balance of $109,303,284 and June money market fund dividend accrual of $468,139. As shown above, the May dividends accrued were received by the Fund in June. | |
Monthly Report under the Plan of Distribution for the
Infinity Q Diversified Alpha Fund
May 31, 2024
Pursuant to Section IV of the Plan of Distribution adopted on June 7, 2021, as updated November 8, 2021, and as amended by the Special Master and approved by the federal court on March 26, 2024, the Fund presents certain financial information on a monthly basis.
Below is the information for the month ended May 31, 2024.
|
Beginning Money Market Fund Balance |
$108,438,515 |
|
Money Market Fund Dividends Received (May 1-31, 2024) |
$943,810 |
|
Expenses Paid (May 1-31, 2024)* |
($58,969) |
| Ending Money Market Fund Balance at May 31, 2024 | $109,323,356 |
|
Money Market Fund Dividends Accrued (May 1-31, 2024) |
$482,289 |
|
Total Assets at May 31, 2024** |
$109,805,645 |
|
Remaining Special Reserve Amount at May 31, 2024 |
$99,682,599 |
|
Undistributed Net Income at May 31, 2024 |
$7,079,156 |
|
* At May 31, 2024, the Fund had unpaid expenses currently under the review of the Special Master and pending approval by the Court. |
|
| ** The Fund’s Total Assets include an accrual for dividends declared on its money market fund investment throughout each month. Those accrued dividends are not part of the month-end money market fund balance because the money market fund typically pays those dividends in the following month, at which time they are reinvested in the money market fund. For example, the Fund’s total assets of $109,805,645 as of May 31, 2024 consisted of the May month-end money market fund balance of $109,323,356 and May money market fund dividend accrual of $482,289. As shown above, the April dividends accrued were received by the Fund in May. | |
Monthly Report under the Plan of Distribution for the
Infinity Q Diversified Alpha Fund
April 30, 2024
Pursuant to Section IV of the Plan of Distribution adopted on June 7, 2021, as updated November 8, 2021, and as amended by the Special Master and approved by the federal court on March 26, 2024, the Fund presents certain financial information on a monthly basis.
Below is the information for the month ended April 30, 2024.
|
Beginning Money Market Fund Balance |
$589,318,727 |
|
Money Market Fund Dividends Received (April 1-30, 2024) |
$2,605,671 |
|
Expenses Paid (April 1-30, 2024)* |
($258,432) |
| Fourth Interim Distribution Paid ** | $483,227,451 |
|
Ending Money Market Fund Balance at April 30, 2024 |
$108,438,515 |
|
Money Market Fund Dividends Accrued (April 1-30, 2024) |
$943,810 |
|
Total Assets at April 30, 2024*** |
$109,382,325 |
|
Remaining Special Reserve Amount at April 30, 2024 |
$99,741,568 |
|
Undistributed Net Income at April 30, 2024 |
$7,039,845 |
|
* At April 30, 2024, the Fund had unpaid expenses currently under the review of the Special Master and pending approval by the Court. |
|
|
** Consistent with the Fund's Plan of Distribution, the total amount the Fund distributed was net of offsets for those shareholders who were overpaid when they redeemed Fund shares prior to February 19, 2021 because of NAVs that the Fund determined were overstated. |
|
| ***The Fund’s Total Assets include an accrual for dividends declared on its money market fund investment throughout each month. Those accrued dividends are not part of the month-end money market fund balance because the money market fund typically pays those dividends in the following month, at which time they are reinvested in the money market fund. For example, the Fund’s total assets of $109,382,325 as of April 30, 2024 consisted of the April month-end money market fund balance of $108,438,515 and April money market fund dividend accrual of $943,810. As shown above, the March dividends accrued were received by the Fund in April. | |
Monthly Report under the Plan of Distribution for the
Infinity Q Diversified Alpha Fund
March 31, 2024
Pursuant to Section IV of the Plan of Distribution adopted on June 7, 2021, as updated November 8, 2021, and as amended by the Special Master and approved by the federal court on March 26, 2024, the Fund presents certain financial information on a monthly basis.
Below is the information for the month ended March 31, 2024. The Remaining Special Reserve Amount at March 31, 2024 reflects the amount of the reserve after the anticipated interim distribution of $487,384,067 in April 2024, as described in note *** below.
|
Beginning Money Market Fund Balance |
$587,129,161 |
|
Money Market Fund Dividends Received (March 1-31, 2024) |
$2,428,635 |
|
Expenses Paid (March 1-31, 2024)* |
($239,069) |
|
Ending Money Market Fund Balance at March 31, 2024 |
$589,318,727 |
|
Money Market Fund Dividends Accrued (March 1-31, 2024) |
$2,605,671 |
|
Total Assets at March 31, 2024**/*** |
$591,924,398 |
|
Remaining Special Reserve Amount at March 31, 2024 |
$100,000,000 |
|
Undistributed Net Income at March 31, 2024 |
$6,443,213 |
|
* At March 31, 2024, the Fund had unpaid expenses currently under the review of the Special Master and pending approval by the Court. |
|
|
** The Fund’s Total Assets include an accrual for dividends declared on its money market fund investment throughout each month. Those accrued dividends are not part of the month-end money market fund balance because the money market fund typically pays those dividends in the following month, at which time they are reinvested in the money market fund. For example, the Fund’s total assets of $591,924,398 as of March 31, 2024 consisted of the March month-end money market fund balance of $589,318,727 and March money market fund dividend accrual of $2,605,671. As shown above, the February dividends accrued were received by the Fund in March. |
|
| ***On February 26, 2024, the Special Master filed a Proposed Amended Distribution Plan, which was approved by the federal court on March 26, 2024. Under the Amended Distribution Plan, the Fund will make an interim distribution to shareholders of $487,384,067 (less distribution expenses) pursuant to the same methodology that was used in prior distributions. The Fund anticipates it will begin sending checks and distributing amounts to intermediaries with respect to the interim distribution in April 2024. A copy of the Notice, Amended Distribution Plan, Proposed Order, Final Order and accompanying exhibits can be accessed on this website’s homepage. | |
Monthly Report under the Plan of Distribution for the
Infinity Q Diversified Alpha Fund
February 29, 2024
Pursuant to Section IV of the Plan of Distribution adopted on June 7, 2021, as updated November 8, 2021, the Fund presents certain financial information on a monthly basis.
Below is the information for the month ended February 29, 2024.
|
Beginning Money Market Fund Balance |
$584,789,750 |
|
Money Market Fund Dividends Received (February 1-29, 2024) |
$2,594,317 |
|
Expenses Paid (February 1-29, 2024)* |
($254,906) |
|
Ending Money Market Fund Balance at February 29, 2024 |
$587,129,161 |
|
Money Market Fund Dividends Accrued (February 1-29, 2024) |
$2,428,635 |
|
Total Assets at February 29, 2024**/*** |
$589,557,796 |
|
Remaining Special Reserve Amount at February 29, 2024 |
$562,196,223 |
|
Undistributed Net Income at February 29, 2024 |
$4,220,422 |
|
* At February 29, 2024, the Fund had unpaid expenses currently under the review of the Special Master and pending approval by the Court. |
|
|
** The Fund’s Total Assets include an accrual for dividends declared on its money market fund investment throughout each month. Those accrued dividends are not part of the month-end money market fund balance because the money market fund typically pays those dividends in the following month, at which time they are reinvested in the money market fund. For example, the Fund’s total assets of $589,557,796 as of February 29, 2024 consisted of the February month-end money market fund balance of $587,129,161 and February money market fund dividend accrual of $2,428,635. As shown above, the January dividends accrued were received by the Fund in February. |
|
| ***On February 26, 2024, the Special Master filed a Proposed Amended Distribution Plan for federal court approval. The Amended Distribution Plan proposes an interim distribution to shareholders of $487,384,067 (less distribution expenses) pursuant to the same methodology that was used in prior distributions. The Special Master’s plan indicates that the interim distribution is expected to be made promptly (likely within 60 days) after the federal court enters an order approving the plan. The Special Master’s notice of the amended plan states that any objections to the plan must be filed with the federal court on or before March 18, 2024. A copy of the Notice, Amended Distribution Plan, Proposed Order and accompanying exhibits can be accessed on this website’s homepage. | |
Monthly Report under the Plan of Distribution for the
Infinity Q Diversified Alpha Fund
January 31, 2024
Pursuant to Section IV of the Plan of Distribution adopted on June 7, 2021 as updated November 8, 2021, the Fund presents certain financial information on a monthly basis.
Below is the information for the month ended January 31, 2024.
|
Beginning Money Market Fund Balance |
$582,283,795 |
|
Money Market Fund Dividends Received (January 1-31, 2024) |
$2,636,593 |
|
Expenses Paid (January 1-31, 2024)* |
($130,638) |
|
Ending Money Market Fund Balance at January 31, 2024 |
$584,789,750 |
|
Money Market Fund Dividends Accrued (January 1-31, 2024) |
$2,594,317 |
|
Total Assets at January 31, 2024** |
$587,384,067 |
|
Remaining Special Reserve Amount at January 31, 2024 |
$562,451,129 |
|
Undistributed Net Income at January 31, 2024 |
$1,955,069 |
|
* At January 31, 2024, the Fund had unpaid expenses currently under the review of the Special Master and pending approval by the Court. |
|
|
** The Fund’s Total Assets include an accrual for dividends declared on its money market fund investment throughout each month. Those accrued dividends are not part of the month-end money market fund balance because the money market fund typically pays those dividends in the following month, at which time they are reinvested in the money market fund. For example, the Fund’s total assets of $587,384,067 as of January 31, 2024 consisted of the January month-end money market fund balance of $584,789,750 and January money market fund dividend accrual of $2,594,317. As shown above, the December dividends accrued were received by the Fund in January. |
|
Monthly Report under the Plan of Distribution for the
Infinity Q Diversified Alpha Fund
December 31, 2023
Pursuant to Section IV of the Plan of Distribution adopted on June 7, 2021 as updated November 8, 2021, the Fund presents certain financial information on a monthly basis.
Below is the information for the month ended December 31, 2023.
|
Beginning Money Market Fund Balance |
$604,614,763 |
|
Money Market Fund Dividends Received (December 1-31, 2023) |
$2,602,957 |
|
Expenses Paid (December 1-31, 2023)* |
($382,780) |
| Distribution Paid** | ($24,551,145) |
|
Ending Money Market Fund Balance at December 31, 2023 |
$582,283,795 |
|
Money Market Fund Dividends Accrued (December 1-31, 2023) |
$2,636,593 |
|
Total Assets at December 31, 2023*** |
$584,920,388 |
|
|
|
|
Remaining Special Reserve Amount at December 31, 2023 |
$562,581,767 |
|
Undistributed Net Income at December 31, 2023 |
- |
|
|
|
|
* At December 31, 2023, the Fund had unpaid expenses currently under the review of the Special Master and pending approval by the Court. |
|
|
** The Fund made a distribution of its net income to shareholders. Consistent with the Fund’s Plan of Distribution, the total amount the Fund distributed was net of offsets for those shareholders who were overpaid when they redeemed Fund shares prior to February 19, 2021 because of NAVs that the Fund determined were overstated. |
|
|
*** The Fund’s Total Assets include an accrual for dividends declared on its money market fund investment throughout each month. Those accrued dividends are not part of the month-end money market fund balance because the money market fund typically pays those dividends in the following month, at which time they are reinvested in the money market fund. For example, the Fund’s total assets of $584,920,390 as of December 31, 2023 consisted of the December month-end money market fund balance of $582,283,797 and December money market fund dividend accrual of $2,636,593. As shown above, the November dividends accrued were received by the Fund in December. |
|
Monthly Report under the Plan of Distribution for the
Infinity Q Diversified Alpha Fund
November 30, 2023
Pursuant to Section IV of the Plan of Distribution adopted on June 7, 2021 as updated November 8, 2021, the Fund presents certain financial information on a monthly basis.
Below is the information for the month ended November 30, 2023.
|
Beginning Money Market Fund Balance |
$602,059,239 |
|
Money Market Fund Dividends Received (November 1-30, 2023) |
$2,674,427 |
|
Expenses Paid (November 1-30, 2023)* |
($118,903) |
|
Ending Money Market Fund Balance at November 30, 2023 |
$604,614,763 |
|
|
|
|
Money Market Fund Dividends Accrued (November 1-30, 2023) |
$2,602,957 |
|
Total Assets at November 30, 2023** |
$607,217,720 |
|
|
|
|
Remaining Special Reserve Amount at November 30, 2023 |
$562,964,547 |
|
Undistributed Net Income at November 30, 2023 |
$22,409,286 |
|
|
|
|
* At November 30, 2023, the Fund had unpaid expenses currently under the review of the Special Master and pending approval by the Court. |
|
|
** The Fund’s Total Assets include an accrual for dividends declared on its money market fund investment throughout each month. Those accrued dividends are not part of the month-end money market fund balance because the money market fund typically pays those dividends in the following month, at which time they are reinvested in the money market fund. For example, the Fund’s total assets of $607,217,720 as of November 30, 2023 consisted of the November month-end money market fund balance of $604,614,763 and November money market fund dividend accrual of $2,602,957. As shown above, the October dividends accrued were received by the Fund in November. |
|
Monthly Report under the Plan of Distribution for the
Infinity Q Diversified Alpha Fund
October 31, 2023
Pursuant to Section IV of the Plan of Distribution adopted on June 7, 2021 as updated November 8, 2021, the Fund presents certain financial information on a monthly basis.
Below is the information for the month ended October 31, 2023.
|
Beginning Money Market Fund Balance |
$599,716,479 |
|
Money Market Fund Dividends Received (October 1-31, 2023) |
$2,575,558 |
|
Expenses Paid (October 1-31, 2023)* |
($232,798) |
|
Ending Money Market Fund Balance at October 31, 2023 |
$602,059,239 |
|
|
|
|
Money Market Fund Dividends Accrued (October 1-31, 2023) |
$2,674,427 |
|
Total Assets at October 31, 2023** |
$604,733,666 |
|
|
|
|
Remaining Special Reserve Amount at October 31, 2023 |
$563,083,450 |
|
Undistributed Net Income at October 31, 2023 |
$20,190,889 |
|
|
|
|
* At October 31, 2023, the Fund had unpaid expenses currently under the review of the Special Master and pending approval by the Court. |
|
|
** The Fund’s Total Assets include an accrual for dividends declared on its money market fund investment throughout each month. Those accrued dividends are not part of the month-end money market fund balance because the money market fund typically pays those dividends in the following month, at which time they are reinvested in the money market fund. For example, the Fund’s total assets of $604,733,666 as of October 31, 2023 consisted of the October month-end money market fund balance of $602,059,239 and October money market fund dividend accrual of $2,674,427. As shown above, the September dividends accrued were received by the Fund in October. |
|
Monthly Report under the Plan of Distribution for the
Infinity Q Diversified Alpha Fund
September 30, 2023
Pursuant to Section IV of the Plan of Distribution adopted on June 7, 2021 as updated November 8, 2021, the Fund presents certain financial information on a monthly basis.
Below is the information for the month ended September 30, 2023.
|
Beginning Money Market Fund Balance |
$597,108,851 |
|
Money Market Fund Dividends Received (September 1-30, 2023) |
$2,643,647 |
|
Expenses Paid (September 1-30, 2023)* |
($36,019) |
|
Ending Money Market Fund Balance at September 30, 2023 |
$599,716,479 |
|
|
|
|
Money Market Fund Dividends Accrued (September 1-30, 2023) |
$2,575,558 |
|
Total Assets at September 30, 2023** |
$602,292,037 |
|
|
|
|
Remaining Special Reserve Amount at September 30, 2023 |
$563,316,248 |
|
Undistributed Net Income at September 30, 2023 |
$17,685,624 |
|
|
|
|
* At September 30, 2023, the Fund had unpaid expenses currently under the review of the Special Master and pending approval by the Court. |
|
|
** The Fund’s Total Assets include an accrual for dividends declared on its money market fund investment throughout each month. Those accrued dividends are not part of the month-end money market fund balance because the money market fund typically pays those dividends in the following month, at which time they are reinvested in the money market fund. For example, the Fund’s total assets of $602,292,037 as of September 30, 2023 consisted of the September month-end money market fund balance of $599,716,479 and September money market fund dividend accrual of $2,575,558. As shown above, the August dividends accrued were received by the Fund in September. |
|
Monthly Report under the Plan of Distribution for the
Infinity Q Diversified Alpha Fund
August 31, 2023
Pursuant to Section IV of the Plan of Distribution adopted on June 7, 2021 as updated November 8, 2021, the Fund presents certain financial information on a monthly basis.
Below is the information for the month ended August 31, 2023.
|
Beginning Money Market Fund Balance |
$595,403,348 |
|
Money Market Fund Dividends Received (August 1-31, 2023) |
$2,540,267 |
|
Expenses Paid (August 1-31, 2023)* |
($834,764) |
|
Ending Money Market Fund Balance at August 31, 2023 |
$597,108,851 |
|
|
|
|
Money Market Fund Dividends Accrued (August 1-31, 2023) |
$2,643,647 |
|
Total Assets at August 31, 2023** |
$599,752,498 |
|
|
|
|
Remaining Special Reserve Amount at August 31, 2023 |
$563,352,267 |
|
Undistributed Net Income at August 31, 2023 |
$15,068,946 |
|
|
|
|
* At August 31, 2023, the Fund had unpaid expenses currently under the review of the Special Master and pending approval by the Court. |
|
|
** The Fund’s Total Assets include an accrual for dividends declared on its money market fund investment throughout each month. Those accrued dividends are not part of the month-end money market fund balance because the money market fund typically pays those dividends in the following month, at which time they are reinvested in the money market fund. For example, the Fund’s total assets of $599,752,498 as of August 31, 2023 consisted of the August month-end money market fund balance of $597,108,851 and August money market fund dividend accrual of $2,643,647. As shown above, the July dividends accrued were received by the Fund in August. |
|
Monthly Report under the Plan of Distribution for the
Infinity Q Diversified Alpha Fund
July 31, 2023
Pursuant to Section IV of the Plan of Distribution adopted on June 7, 2021 as updated November 8, 2021, the Fund presents certain financial information on a monthly basis.
Below is the information for the month ended July 31, 2023.
|
Beginning Money Market Fund Balance |
$593,030,387 |
|
Money Market Fund Dividends Received (July 1-31, 2023) |
$2,431,404 |
|
Expenses Paid (July 1-31, 2023)* |
($58,443) |
|
Ending Money Market Fund Balance at July 31, 2023 |
$595,403,348 |
|
|
|
|
Money Market Fund Dividends Accrued (July 1-31, 2023) |
$2,540,268 |
|
Total Assets at July 31, 2023** |
$597,943,616 |
|
|
|
|
Remaining Special Reserve Amount at July 31, 2023 |
$564,187,031 |
|
Undistributed Net Income at July 31, 2023 |
$12,469,016 |
|
|
|
|
* At July 31, 2023, the Fund had unpaid expenses currently under the review of the Special Master and pending approval by the Court. |
|
|
** The Fund’s Total Assets include an accrual for dividends declared on its money market fund investment throughout each month. Those accrued dividends are not part of the month-end money market fund balance because the money market fund typically pays those dividends in the following month, at which time they are reinvested in the money market fund. For example, the Fund’s total assets of $597,943,616 as of July 31, 2023 consisted of the July month-end money market fund balance of $595,403,348 and July money market fund dividend accrual of $2,540,268. As shown above, the June dividends accrued were received by the Fund in July. |
|
Monthly Report under the Plan of Distribution for the
Infinity Q Diversified Alpha Fund
June 30, 2023
Pursuant to Section IV of the Plan of Distribution adopted on June 7, 2021 as updated November 8, 2021, the Fund presents certain financial information on a monthly basis.
Below is the information for the month ended June 30, 2023.
|
Beginning Money Market Fund Balance |
$590,989,496 |
|
Money Market Fund Dividends Received (June 1-30, 2023) |
$2,482,639 |
|
Expenses Paid (June 1-30, 2023)* |
($441,749) |
|
Ending Money Market Fund Balance at June 30, 2023 |
$593,030,386 |
|
|
|
|
Money Market Fund Dividends Accrued (June 1-30, 2023) |
$2,431,404 |
|
Total Assets at June 30, 2023** |
$595,461,790 |
|
|
|
|
Remaining Special Reserve Amount at June 30, 2023 |
$564,245,473 |
|
Undistributed Net Income at June 30, 2023 |
$10,670,039 |
|
|
|
|
* At June 30, 2023, the Fund had unpaid expenses currently under the review of the Special Master and pending approval by the Court. |
|
|
** The Fund’s Total Assets include an accrual for dividends declared on its money market fund investment throughout each month. Those accrued dividends are not part of the month-end money market fund balance because the money market fund typically pays those dividends in the following month, at which time they are reinvested in the money market fund. For example, the Fund’s total assets of $595,461,790 as of June 30, 2023 consisted of the June month-end money market fund balance of $593,030,386 and June money market fund dividend accrual of $2,431,404. As shown above, the May dividends accrued were received by the Fund in June. |
|
Monthly Report under the Plan of Distribution for the
Infinity Q Diversified Alpha Fund
May 31, 2023
Pursuant to Section IV of the Plan of Distribution adopted on June 7, 2021 as updated November 8, 2021, the Fund presents certain financial information on a monthly basis.
Below is the information for the month ended May 31, 2023.
|
Beginning Money Market Fund Balance |
$589,149,501 |
|
Money Market Fund Dividends Received (May 1-31, 2023) |
$2,286,634 |
|
Expenses Paid (May 1-31, 2023)* |
($446,639) |
|
Ending Money Market Fund Balance at May 31, 2023 |
$590,989,496 |
|
|
|
|
Money Market Fund Dividends Accrued (May 1-31, 2023) |
$2,282,639 |
|
Total Assets at May 31, 2023** |
$593,272,135 |
|
|
|
|
Remaining Special Reserve Amount at May 31, 2023 |
$564,687,222 |
|
Undistributed Net Income at May 31, 2023 |
$8,633,992 |
|
|
|
|
* At May 31, 2023, the Fund had unpaid expenses currently under the review of the Special Master and pending approval by the Court. |
|
|
** The Fund’s Total Assets include an accrual for dividends declared on its money market fund investment throughout each month. Those accrued dividends are not part of the month-end money market fund balance because the money market fund typically pays those dividends in the following month, at which time they are reinvested in the money market fund. For example, the Fund’s total assets of $593,272,135 as of May 31, 2023 consisted of the May month-end money market fund balance of $590,989,496 and May money market fund dividend accrual of $2,282,639. As shown above, the April dividends accrued were received by the Fund in May. |
|
Monthly Report under the Plan of Distribution for the
Infinity Q Diversified Alpha Fund
April 30, 2023
Pursuant to Section IV of the Plan of Distribution adopted on June 7, 2021 as updated November 8, 2021, the Fund presents certain financial information on a monthly basis.
Below is the information for the month ended April 30, 2023.
|
Beginning Money Market Fund Balance |
$588,021,609 |
|
Money Market Fund Dividends Received (April 1-30, 2023) |
$2,266,251 |
|
Expenses Paid (April 1-30, 2023)* |
($,1,138,359) |
|
Ending Money Market Fund Balance at April 30, 2023 |
$589,149,501 |
|
|
|
|
Money Market Fund Dividends Accrued (April 1-30, 2023) |
$2,286,634 |
|
Total Assets at April 30, 2023** |
$591,436,135 |
|
|
|
|
Remaining Special Reserve Amount at April 30, 2023 |
$565,133,861 |
|
Undistributed Net Income at April 30, 2023 |
$6,411,306 |
|
|
|
|
* At April 30, 2023, the Fund had unpaid expenses currently under the review of the Special Master and pending approval by the Court. |
|
|
** The Fund’s Total Assets include an accrual for dividends declared on its money market fund investment throughout each month. Those accrued dividends are not part of the month-end money market fund balance because the money market fund typically pays those dividends in the following month, at which time they are reinvested in the money market fund. For example, the Fund’s total assets of $591,436,135 as of April 30, 2023 consisted of the April month-end money market fund balance of $589,149,501 and April money market fund dividend accrual of $2,286,634. As shown above, the March dividends accrued were received by the Fund in April. |
|
Monthly Report under the Plan of Distribution for the
Infinity Q Diversified Alpha Fund
March 31, 2023
Pursuant to Section IV of the Plan of Distribution adopted on June 7, 2021 as updated November 8, 2021, the Fund presents certain financial information on a monthly basis.
Below is the information for the month ended March 31, 2023.
|
Beginning Money Market Fund Balance |
$586,132,406 |
|
Money Market Fund Dividends Received (March 1-31, 2023) |
$1,992,640 |
|
Expenses Paid (March 1-31, 2023)* |
($103,437) |
|
Ending Money Market Fund Balance at March 31, 2023 |
$588,021,609 |
|
|
|
|
Money Market Fund Dividends Accrued (March 1-31, 2023) |
$2,226,251 |
|
Total Assets at March 31, 2023** |
$590,287,860 |
|
|
|
|
Remaining Special Reserve Amount at March 31, 2023 |
$566,272,221 |
|
Undistributed Net Income at March 31, 2023 |
$4,568,810 |
|
|
|
|
* At March 31, 2023, the Fund had unpaid expenses currently under the review of the Special Master and pending approval by the Court. |
|
|
** The Fund’s Total Assets include an accrual for dividends declared on its money market fund investment throughout each month. Those accrued dividends are not part of the month-end money market fund balance because the money market fund typically pays those dividends in the following month, at which time they are reinvested in the money market fund. For example, the Fund’s total assets of $590,287,860 as of March 31, 2023 consisted of the March month-end money market fund balance of $588,021,609 and March money market fund dividend accrual of $2,266,251. As shown above, the February dividends accrued were received by the Fund in March. |
|
Monthly Report under the Plan of Distribution for the
Infinity Q Diversified Alpha Fund
February 28, 2023
Pursuant to Section IV of the Plan of Distribution adopted on June 7, 2021 as updated November 8, 2021, the Fund presents certain financial information on a monthly basis.
Below is the information for the month ended February 28, 2023.
|
Beginning Money Market Fund Balance |
$584,075,169 |
|
Money Market Fund Dividends Received (February 1-28, 2023) |
$2,057,237 |
|
Expenses Paid (February 1-28, 2023)* |
- |
|
Ending Money Market Fund Balance at February 28, 2023 |
$586,132,406 |
|
|
|
|
Money Market Fund Dividends Accrued (February 1-28, 2023) |
$1,992,640 |
|
Total Assets at February 28, 2023** |
$588,125,046 |
|
|
|
|
Remaining Special Reserve Amount at February 28, 2023 |
$566,375,657 |
|
Undistributed Net Income at February 28, 2023 |
$2,895,365 |
|
|
|
|
* At February 28, 2023, the Fund had unpaid expenses currently under the review of the Special Master and pending approval by the Court. |
|
|
** The Fund's Total Assets include an accrual for the dividends declared on its money market fund investment throughout each month. Those accrued dividends are not part of the month-end money market fund balance because the money market fund typically pays those dividends in the following month, at which time they are reinvested in the money market fund. For example, the Fund's total assets of $588,125,046 as of February 28, 2023 consisted of the February month-end money market fund balance of $586,132,406 and February money market fund dividend accrual of $1,992,640. As shown above, the January dividends accrued were received by the fund in February. |
|
Monthly Report under the Plan of Distribution for the
Infinity Q Diversified Alpha Fund
January 31, 2023
Pursuant to Section IV of the Plan of Distribution adopted on June 7, 2021 as updated November 8, 2021, the Fund presents certain financial information on a monthly basis.
The format of the January 2023 month-end presentation is the same as the format of the December 2022 month-end presentation, which was modified to more clearly show the month-over-month change in the Fund's Total Assets and provide additional detail about the components of the Fund's Total Assets.
Below is the information for the month ended January 31, 2023.
|
Beginning Money Market Fund Balance |
$582,168,347 |
|
Money Market Fund Dividends Received (January 1-31, 2023) |
$1,906,822 |
|
Expenses Paid (January 1-31, 2023)* |
- |
|
Ending Money Market Fund Balance at January 31, 2023 |
$584,075,169 |
|
|
|
|
Money Market Fund Dividends Accrued (January 1-31, 2023) |
$2,057,237 |
|
Total Assets at January 31, 2023** |
$586,132,406 |
|
|
|
|
Remaining Special Reserve Amount at January 31, 2023 |
$566,375,657 |
|
Undistributed Net Income at January 31, 2023 |
$2,046,569 |
|
|
|
|
* At , 2023, the Fund had unpaid expenses currently under the review of the Special Master and pending approval by the Court. |
|
|
** The Fund's Total Assets include an accrual for the dividends declared on its money market fund investment throughout each month. Those accrued dividends are not part of the month-end money market fund balance because the money market fund typically pays those dividends in the following month, at which time they are reinvested in the money market fund. For example, the Fund's total assets of $584,075,169 as of December 31, 2022 consisted of the December month-end money market fund balance of $582,168,347 and December money market fund dividend accrual of $1,906,822. As shown above, the December dividends accrued were received by the fund in January. |
|
Monthly Report under the Plan of Distribution for the
Infinity Q Diversified Alpha Fund
December 31, 2022
Pursuant to Section IV of the Plan of Distribution adopted on June 7, 2021 as updated November 8, 2021, the Fund presents certain financial information on a monthly basis.
The format of the December 2022 month-end presentation has been modified to more clearly show the month-over-month change in the Fund's Total Assets and provide additional detail about the components of the Fund's Total Assets.
Below is the information for the month ended December 31, 2022.
|
Beginning Money Market Fund Balance |
$580,594,156 |
|
Money Market Fund Dividends Received (December 1-31, 2022) |
$1,659,075 |
|
Expenses Paid (December 1-31, 2022) |
($84,884) |
|
Ending Money Market Fund Balance at December 31, 2022 |
$582,168,347 |
|
|
|
|
Money Market Fund Dividends Accrued (December 1-31, 2022) |
$1,906,822 |
|
Total Assets at December 31, 2022* |
$584,075,169 |
|
|
|
|
Remaining Special Reserve Amount at December 31, 2022 |
$566,375,657 |
|
Undistributed Net Income at December 31, 2022 |
- |
|
* The Fund's Total Assets include an accrual for the dividends declared on its money market fund investment throughout each month. Those accrued dividends are not part of the month-end money market fund balance because the money market fund typically pays those dividends in the following month, at which time they are reinvested in the money market fund. For example, the Fund's total assets of $582,253,231 as of November 30, 2022 consisted of the November month-end money market fund balance of $580,594,156 and November money market fund dividend accrual of $1,659,075. As shown above, the November dividends accrued were received by the fund in December. |
|
Monthly Report under the Plan of Distribution for the
Infinity Q Diversified Alpha Fund
November 30, 2022
Pursuant to Section IV of the Plan of Distribution adopted on June 7, 2021 as updated November 8, 2021, the Fund presents certain financial information on a monthly basis.
Below is the information for the month ended November 30, 2022.
|
Total Assets at November 30, 2022 |
$582,253,231 |
|
Fund Expenses Paid (November 1 - November 30, 2022) |
$180,646 |
|
Remaining Special Reserve Amount at November 30, 2022 |
$566,460,541 |
|
Undistributed Net Income at November 30, 2022 |
$- |
Monthly Report under the Plan of Distribution for the
Infinity Q Diversified Alpha Fund
October 31, 2022
Pursuant to Section IV of the Plan of Distribution adopted on June 7, 2021 as updated November 8, 2021, the Fund presents certain financial information on a monthly basis.
Below is the information for the month ended October 31, 2022.
|
Total Assets at October 31, 2022 |
$580,775,145 |
|
Fund Expenses Paid (October 1 - October 31, 2022) |
$211,057 |
|
Remaining Special Reserve Amount at October 31, 2022 |
$566,641,188 |
|
Undistributed Net Income at October 31, 2022 |
$- |
Monthly Report under the Plan of Distribution for the
Infinity Q Diversified Alpha Fund
September 30, 2022
Pursuant to Section IV of the Plan of Distribution adopted on June 7, 2021 as updated November 8, 2021, the Fund presents certain financial information on a monthly basis.
Below is the information for the month ended September 30, 2022.
|
Total Assets at September 30, 2022* |
$579,594,163 |
|
Fund Expenses Paid (September 1 - September 30, 2022) |
$1,002,292 |
|
Remaining Special Reserve Amount at September 30, 2022 |
$566,852,245 |
|
Undistributed Net Income at September 30, 2022 |
$- |
* Total assets reflect the amount remaining after Second Interim Distribution payments made to Fund shareholders in September 2022 totaling $90,988.
Monthly Report under the Plan of Distribution for the
Infinity Q Diversified Alpha Fund
August 31, 2022
Pursuant to Section IV of the Plan of Distribution adopted on June 7, 2021 as updated November 8, 2021, the Fund presents certain financial information on a monthly basis.
Below is the information for the month ended August 31, 2022.
|
Total Assets at August 31, 2022* |
$579,588,641 |
|
Fund Expenses Paid (August 1 - August 31, 2022) |
$410,579 |
|
Remaining Special Reserve Amount at August 31, 2022 |
$567,854,537 |
|
Undistributed Net Income at August 31, 2022 |
$- |
* Total assets reflect the amount remaining after Second Interim Distribution payments made to Fund shareholders in August 2022 totaling $469,413.
Monthly Report under the Plan of Distribution for the
Infinity Q Diversified Alpha Fund
July 31, 2022
Pursuant to Section IV of the Plan of Distribution adopted on June 7, 2021 as updated November 8, 2021, the Fund presents certain financial information on a monthly basis.
Below is the information for the month ended July 31, 2022.
|
Total Assets at July 31, 2022* |
$579,490,181 |
|
Fund Expenses Paid (July 1 - July 31, 2022) |
$436,609 |
|
Remaining Special Reserve Amount at July 31, 2022 |
$568,265,116 |
|
Undistributed Net Income at July 31, 2022 |
$- |
* Total assets reflect the amount remaining after Second Interim Distribution payments made to Fund shareholders in July 2022 totaling $710,679.
Monthly Report under the Plan of Distribution for the
Infinity Q Diversified Alpha Fund
June 30, 2022
Pursuant to Section IV of the Plan of Distribution adopted on June 7, 2021 as updated November 8, 2021, the Fund presents certain financial information on a monthly basis.
Below is the information for the month ended June 30, 2022.
|
Total Assets at June 30, 2022* |
$579,969,517 |
|
Fund Expenses Paid (June 1 - June 30, 2022) |
$694,062 |
|
Remaining Special Reserve Amount at June 30, 2022 |
$568,701,724 |
|
Undistributed Net Income at June 30, 2022 |
$- |
* Total assets reflect the amount remaining after Second Interim Distribution payments made to Fund shareholders in June 2022 totaling $31,275,364.
Monthly Report under the Plan of Distribution for the
Infinity Q Diversified Alpha Fund
May 31, 2022
Pursuant to Section IV of the Plan of Distribution adopted on June 7, 2021 as updated November 8, 2021, the Fund presents certain financial information on a monthly basis.
Below is the information for the month ended May 31, 2022.
|
Total Assets at May 31, 2022* |
$611,213,692 |
|
Fund Expenses Paid (May 1 - May 31, 2022) |
$362,035 |
|
Remaining Special Reserve Amount at May 31, 2022 |
$569,395,787 |
|
Undistributed Net Income at May 31, 2022 |
$- |
* Total assets reflect the amount remaining after Second Interim Distribution payments made to Fund shareholders in May 2022 totaling $48,445,348.
Monthly Report under the Plan of Distribution for the
Infinity Q Diversified Alpha Fund
April 30, 2022
Pursuant to Section IV of the Plan of Distribution adopted on June 7, 2021 as updated November 8, 2021, the Fund presents certain financial information on a monthly basis.
Below is the information for the month ended April 30, 2022.
|
Total Assets at April 30, 2022* |
$659,935,434 |
|
Fund Expenses Paid (April 1 - April 30, 2022) |
$1,169,112 |
|
Remaining Special Reserve Amount at April 30, 2022** |
$569,757,822 |
|
Undistributed Net Income at April 30, 2022 |
$- |
* Total assets reflect payments of $79,869,915 related to the commencement of the Second Interim Distribution.
** The Special Reserve was reduced by $170,000,000 in connection with the Second Interim Distribution.
Monthly Report under the Plan of Distribution for the
Infinity Q Diversified Alpha Fund
March 31, 2022
Pursuant to Section IV of the Plan of Distribution adopted on June 7, 2021 as updated November 8, 2021, the Fund presents certain financial information on a monthly basis.
Below is the information for the month ended March 31, 2022.
|
Total Assets at March 31, 2022 |
$740,943,128 |
|
Fund Expenses Paid (March 1 - March 31, 2022) |
$940,809 |
|
Remaining Special Reserve Amount at March 31, 2022 |
$740,926,934 |
|
Undistributed Net Income at March 31, 2022 |
$- |
Monthly Report under the Plan of Distribution for the
Infinity Q Diversified Alpha Fund
February 28, 2022
Pursuant to Section IV of the Plan of Distribution adopted on June 7, 2021 as updated November 8, 2021, the Fund presents certain financial information on a monthly basis.
Below is the information for the month ended February 28, 2022.
|
Total Assets at February 28, 2022* |
$741,878,228 |
|
Fund Expenses Paid (February 1 - February 28, 2022) |
$872,723 |
|
Remaining Special Reserve Amount at February 28, 2022** |
$741,867,743 |
|
Undistributed Net Income at February 28, 2022 |
$- |
* Total assets reflect the amount remaining after payment of Interim Distributions in the amount of $3,294,300 during January and February 2022.
** The amount has been revised to correct a typographical error. The amount should have been stated as $741,867,743 instead of $741,876,743.
Monthly Report under the Plan of Distribution for the
Infinity Q Diversified Alpha Fund
January 31, 2022
Pursuant to Section IV of the Plan of Distribution adopted on June 7, 2021 as updated November 8, 2021, the Fund presents certain financial information on a monthly basis.
Below is the information for the month ended January 31, 2022.
|
Total Assets at January 31, 2022 |
$745,220,877 |
|
Fund Expenses Paid (January 1 - January 31, 2022) |
$477,556 |
|
Redemption Claims Paid in January 2022 |
$16,654 |
|
Remaining Special Reserve Amount at January 31, 2022 |
$742,740,466 |
|
Undistributed Net Income at January 31, 2022 |
$- |
Monthly Report under the Plan of Distribution for the
Infinity Q Diversified Alpha Fund
December 31, 2021
Pursuant to Section IV of the Plan of Distribution adopted on June 7, 2021 as updated November 8, 2021, the Fund presents certain financial information on a monthly basis.
Below is the information for the month ended December 31, 2021.
|
Total Assets at December 31, 2021* |
$746,525,878 |
|
Fund Expenses Paid (December 1 - December 31, 2021) |
$1,220,545 |
|
Remaining Special Reserve Amount at December 31, 2021 |
$743,234,675 |
|
Undistributed Net Income at December 31, 2021 |
$0 |
* Total assets reflect the amount remaining after payment of the Interim Distribution of $496,179,609 during December 2021.
Monthly Report under the Plan of Distribution for the
Infinity Q Diversified Alpha Fund
November 30, 2021
Pursuant to Section IV of the Plan of Distribution adopted on June 7, 2021 as updated November 8, 2021, the Fund presents certain financial information on a monthly basis.
Below is the information for the month ended November 30, 2021.
|
Total Assets at November 30, 2021 |
$1,243,903,362 |
|
Fund Expenses Paid (November 1 - November 30, 2021) |
$748,752 |
|
Remaining Special Reserve Amount at November 30, 2021 |
$744,455,220 |
|
Undistributed Net Income at November 30, 2021 |
$0 |
Monthly Report under the Plan of Distribution for the
Infinity Q Diversified Alpha Fund
October 31, 2021
Pursuant to Section IV of the Plan of Distribution adopted on June 7, 2021 as amended, the Fund presents certain financial information on a monthly basis.
Below is the information for the month ended October 31, 2021.
|
Total Assets at October 31, 2021 |
$1,244,641,540 |
|
Fund Expenses Paid (October 1 - October 31, 2021) |
$674,786 |
|
Remaining Special Reserve Amount at October 31, 2021 |
$745,203,972 |
|
Undistributed Net Income at October 31, 2021 |
$0 |
Monthly Report under the Plan of Distribution for the
Infinity Q Diversified Alpha Fund
September 30, 2021
Pursuant to Section IV of the Plan of Distribution adopted on June 7, 2021, the Fund presents certain financial information on a monthly basis.
Below is the information for the month ended September 30, 2021.
|
Total Assets at September 30, 2021 |
$1,245,306,086 |
|
Fund Expenses Paid (September 1 - September 30, 2021) |
$786,080 |
|
Remaining Special Reserve Amount at September 30, 2021 |
$745,878,758 |
|
Undistributed Net Income at September 30, 2021 |
$0 |
Monthly Report under the Plan of Distribution for the
Infinity Q Diversified Alpha Fund
August 31, 2021
Pursuant to Section IV of the Plan of Distribution adopted on June 7, 2021, the Fund presents certain financial information on a monthly basis.
Below is the information for the month ended August 31, 2021.
|
Total Assets at August 31, 2021 |
$1,246,081,580 |
|
Fund Expenses Paid (August 1 - August 31, 2021) |
$260,236 |
|
Remaining Special Reserve Amount at August 31, 2021 |
$746,664,838 |
|
Undistributed Net Income at August 31, 2021 |
$0 |
Monthly Report under the Plan of Distribution for the
Infinity Q Diversified Alpha Fund
July 31, 2021
Pursuant to Section IV of the Plan of Distribution adopted on June 7, 2021, the Fund presents certain financial information on a monthly basis.
Below is the information for the month ended July 31, 2021.
|
Total Assets at July 31, 2021 |
$1,246,331,216 |
|
Fund Expenses Paid (July 1 - July 31, 2021) |
$1,774,118 |
|
Remaining Special Reserve Amount at July 31, 2021 |
$746,925,074 |
|
Undistributed Net Income at July 31, 2021 |
$0 |
Monthly Report under the Plan of Distribution for the
Infinity Q Diversified Alpha Fund
June 30, 2021
Pursuant to Section IV of the Plan of Distribution adopted on June 7, 2021, the Fund presents certain financial information on a monthly basis.
Below is the information for the month ended June 30, 2021.
|
Total Assets at June 30, 2021 |
$1,248,095,070 |
|
Fund Expenses Paid (June 7-June 30, 2021) |
$1,300,807 |
|
Remaining Special Reserve Amount at June 30, 2021 |
$748,699,193 |
|
Undistributed Net Income at June 30, 2021 |
$0 |
