Lind Capital Partners Municipal Credit Income Fund (LCPMX) is a closed-end interval fund that seeks to generate high current income exempt from federal income tax through investments in municipal securities while preserving capital and pursuing secondary capital appreciation. The fund invests at least 80% of its assets in U.S. dollar-denominated, tax-exempt debt securities, primarily non-rated and lower-rated municipal bonds; it employs rigorous fundamental credit analysis to exploit inefficiencies in the fragmented $3.9 trillion municipal bond market, focusing on fixed-rate holdings with strong revenue characteristics across sectors such as charter schools, economic development, higher education, healthcare, senior living, and student housing. Managed by Lind Capital Partners LLC, an SEC-registered investment adviser founded in 2009 and based in the United States, the fund targets sophisticated investors including high-net-worth individuals, family offices, and registered investment advisors seeking tax-efficient fixed income exposure.
In June 2025, the fund reached a significant milestone by surpassing $50 million in assets under management, totaling $60.8 million as of June 20, reflecting strong investor confidence in its interval fund structure launched in 2022 under the Investment Company Act of 1940. The adviser has contractually agreed to waive fees and reimburse expenses until at least May 31, 2026, supporting ongoing operational stability. Launched with a performance inception date of June 1, 2017, LCPMX operates exclusively in the U.S. municipal bond market without noted subsidiaries, parent companies, acquisitions, or strategic partnerships in the past 1-2 years.