Stone Ridge Trust II has initiated a new repurchase offer, allowing shareholders to sell back up to 5% of their shares at net asset value (NAV). This offer, which begins on October 23, 2026, and concludes on November 13, 2026, is designed to provide liquidity to investors in the closed-end interval fund.
The repurchase offer is part of Stone Ridge Trust II's ongoing strategy to enhance shareholder value and maintain investor confidence in a dynamic market environment. By allowing shareholders to tender their shares, the fund aims to give investors an opportunity to liquidate a portion of their holdings while ensuring that the fund remains compliant with regulatory requirements.
Background
Stone Ridge Trust II, a Delaware-based investment company, operates under the Investment Company Act and is registered with the SEC. The fund is primarily focused on providing investment opportunities through its closed-end interval fund structure. The recent filing, dated October 23, 2026, is part of the company's ongoing compliance with SEC regulations.
What the Filing Says
The recent SEC filing, identified by accession number 0001193125-26-429763, details the terms of the repurchase offer. According to the filing, "The notification pertains to a periodic repurchase offer under paragraph (b) of Rule 23c-3." This indicates that the offer is structured to allow for regular liquidity options for shareholders.
Impact
This repurchase offer may affect current shareholders of Stone Ridge Trust II, particularly those looking for liquidity options in their investments. The offer allows shareholders to sell back a portion of their holdings, which can be particularly beneficial in volatile market conditions. It also reflects the fund's commitment to maintaining a balance between investor needs and regulatory compliance.
What's Next
The repurchase offer will be available until 4:00 p.m. ET on November 13, 2026. Shareholders interested in participating must submit their repurchase requests within this timeframe. The filing does not specify any further actions beyond this repurchase offer.