Sept 2024 USBLF Net Returns

Steepe & Co is focused on U.S. private credit funds in the lower middle market that are:

• Non-levered
• Senior Secured
• First Lien
• Hard Assets

100% of all borrower fees collected go to investors and there is no duplication of the U.S. credit managers' fees or layering of additional Canadian management fees.U.S. Bridge Loan Fund Trust (STE105) is an investment fund available to accredited investors only.