Wildermuth Fund: insider trades · United States · SEC (Form 4)

About Wildermuth Fund

Wildermuth Fund is a U.S.-based investment vehicle with regulatory references tied to the NYSE/NASDAQ ecosystem in its prospectus materials, but it should be viewed primarily as a registered alternative fund rather than an operating company. For French, Belgian, and Swiss investors, the relevant framing is that of a non-diversified closed-end/interval fund in the United States, designed historically to pursue total return through a combination of long-term capital appreciation and income generation. The fund is domiciled in the United States, and its operating history has been closely linked to Wildermuth Advisory, LLC, followed by a transition period and ultimately a liquidation process. According to SEC filings, Wildermuth Fund commenced operations on January 2, 2015. Its original investment model was built around a multi-asset, multi-strategy architecture intended to reduce correlation across portfolio sleeves. The portfolio mandate was broad and included U.S. equities, developed international equities, emerging market equities, fixed income, real estate, commodities, energy and natural resources, and absolute-return style investments. The prospectus also allows for the use of various investment vehicles, including Cayman subsidiaries, where needed to access specific exposures or structures. From a product and strategy standpoint, the fund stood out for its opportunistic allocation framework. It could shift exposure based on expected market valuations, interest-rate expectations, relative risk/return profiles, and the availability of attractive investment programs. The materials also indicate that the adviser could use short sales on equities expected to underperform, underscoring an active, non-benchmark-driven approach. Historically, the fund offered multiple share classes, including Class A, Class C, and Class I, and operated as an interval fund with quarterly repurchase offers at net asset value before those repurchases were suspended. In organizational terms, recent regulatory documents reference George Town, Grand Cayman, while the historical adviser Wildermuth Advisory was based in Ponte Vedra Beach, Florida, United States. In competitive terms, Wildermuth Fund was positioned in a specialized niche: alternative retail-friendly portfolio construction with periodic liquidity, competing indirectly with multi-asset funds, liquid alternatives, and private-asset-oriented structures distributed through advisor channels. However, the latest public record materially changes the investment narrative. In June 2023, the board approved a plan of liquidation; in November 2023, Wildermuth Advisory was terminated and the fund entered a new advisory arrangement; and in a May 2025 prospectus supplement, management disclosed that the fund remained in liquidation and that the audit of the fiscal year ended March 31, 2025 had not yet been completed. The practical takeaway is that Wildermuth Fund is now best understood as a legacy alternative fund in wind-down mode, not as a normal growth-oriented listed operating business.