1WS Credit Income Fund: insider trades · United States · SEC (Form 4)

About 1WS Credit Income Fund

1WS Credit Income Fund (ticker: OWSCX) is a U.S.-listed fund traded on the NYSE/NASDAQ ecosystem in the United States, structured as a non-diversified closed-end interval fund and registered with the SEC as an investment company. The fund was launched in March 2019 and seeks attractive risk-adjusted total returns by combining income generation with capital appreciation, primarily through investments in structured credit and securitized debt instruments. Because it is an interval fund, investor liquidity is not daily in the way a traditional open-end mutual fund might be; instead, the fund typically conducts periodic repurchase offers, generally on a quarterly basis, at net asset value. The adviser is 1WS Capital Advisors, LLC, a New York-based firm, which underscores the fund’s U.S. financial-market footprint. Historically, 1WS Credit Income Fund was built to serve investors looking for specialized credit exposure rather than broad-market fixed-income beta. Its strategy fits within the alternative credit segment of the U.S. asset-management industry, targeting income-oriented investors who want access to asset-backed, securitized and other structured credit opportunities that may be less available through plain-vanilla bond funds. That specialized positioning is a key part of its identity: the value proposition is active underwriting, security selection and disciplined risk management rather than passive indexing. The fund’s main business lines are centered on structured credit, securitized debt and related credit instruments, with flexibility to allocate across a broader opportunity set depending on market conditions. This can include exposures where relative value is attractive but where credit analysis is more complex. As a result, the fund may be able to pursue higher income potential than conventional corporate-bond portfolios, but it also faces higher sensitivity to collateral quality, spread widening, financing conditions and liquidity in the underlying markets. In competitive terms, OWSCX sits in the crowded but differentiated universe of alternative fixed-income and interval funds. Its competitive edge is specialization: investors seeking diversified income exposure may view the fund as a way to access niche credit segments that can behave differently from Treasuries or investment-grade corporates. The trade-off is that the strategy is more complex and may be more cyclical than plain bond funds. Geographically, the fund is primarily U.S.-based in terms of domicile, management and listing context, though the underlying credit exposures may be domestic and cross-border depending on portfolio construction. Recent SEC filings indicate meaningful growth in the fund’s scale: as of October 31, 2025, the fund reported approximately $1.08 billion in gross assets and about $783 million in net assets, versus roughly $507 million gross assets and $420 million net assets as of October 31, 2024. Recent disclosures also note a consolidated REIT SPV established in 2024 to facilitate certain real estate investments on behalf of the fund. For investors, the key takeaway is that OWSCX is a specialized U.S. credit vehicle with an active, income-driven mandate, a closed-end interval structure, and a portfolio profile designed to seek yield in more complex segments of the credit market.