Yieldstreet investor communication policy

leaf-wall-office-space-Yiedstreet-communication-policy

As an investor-first company, we always appreciate hearing feedback from our investor community. What we’ve heard most recently is that investors would like more frequent updates, and as such we will be providing monthly updates for all investments that are not currently Performing.

The current status of how an investment will be categorized at a given month can be found below: 

Performing  

This investment is performing in line with initial expectations. You will receive updates if there are any material developments related to this investment. 

Modified outlook

This investment is performing outside of initial expectations as described below. You will receive updates if there are any material developments related to this investment. 

Partial default

The borrower received a notice of default on the underlying loan as of this date. However, at least one loan in a portfolio of multiple loans has been paid in full and/or more than 50% of the initial principal investment has been repaid. You will receive monthly updates on this investment.

Default

The borrower received a notice of default on the underlying loan as of this date. You will receive monthly updates on this investment. 

Yieldstreet has committed to sending monthly updates for any investment that is not currently Performing. As we report monthly, you may often see that there are no major developments from the previous month. Investors can anticipate receiving an email that monthly updates have been posted to accounts on the last business day of each month, should an investment be included. Once posted, updates can be found in the ‘Activity’ section of Investor Portfolios.

Should an investment fall into the Modified Outlook, Default or Partial Default category, a sub-category identifying the Plan of Action will also be visible. This is to help investors better understand the severity of the current situation. Please reference our article on The nature of the loan workout process, explained. Plan of Action for investments in the Modified Outlook, Default or Partial Default category will be broken down into the below buckets:

  1. Initial actions: This is common for investments in ‘Modified outlook,’ as our first step in this process will be to evaluate our options, potentially enhance supervision of the borrower, increase monitoring activities, gather additional information, etc.
  2. Negotiated workout: Working with the borrower on strategies that can include refinancing options and/or modifications of underlying loan terms such as payment deferrals, loan extensions, forbearances, covenant waivers, and other amendments or waivers, for example.
  3. Recovery: No longer working with the borrower, but pursuing options that can involve restructuring the underlying asset or business in order to create value, foreclosure proceedings or litigation, for example.

Invest in the Prism Fund Today

Protecting your investment is our top priority. We thank you again for your valuable feedback and look forward to staying in close contact. As always, if you have any questions, please reach out to us at [email protected].

This communication and the information contained in this article are provided for general informational purposes only and should neither be construed nor intended to be a recommendation to purchase, sell or hold any security or otherwise to be investment, tax, financial, accounting, legal, regulatory or compliance advice. Any link to a third-party website (or article contained therein) is not an endorsement, authorization or representation of our affiliation with that third party (or article). We do not exercise control over third-party websites, and we are not responsible or liable for the accuracy, legality, appropriateness or any other aspect of such website (or article contained therein).

How helpful is this content?

Share this article:

Join a community of 350,000+ members

  • Gain access to unique offerings previously reserved for the ultra-wealthy

  • Customize your portfolio for income, growth, or a balance of both

  • Get started today and earn an average IRR of over 8%

What investors are saying about Yieldstreet

Apr 2022

The due diligence, risk management, and product education materials are thorough, excellent, and easy to use and understand.

Manoj J
Member since 2019
Apr 2022

Excellent and unique selections that I can't find elsewhere.

Jonathan S
Member since 2019
Apr 2022

The platform delivers in a very concise manner. Easy to get a clear understanding at a glance from the web or mobile app.

Tim S
Member since 2021
The testimonials presented on this page have been provided by actual investors in Yieldstreet funds without compensation. Yieldstreet has selected the testimonials, and certain testimonials have been edited to remove personally identifiable information and for brevity. Testimonials were not selected based on objective or random criteria, but rather were selected based on Yieldstreet's understanding of its relationship with the providers of the testimonials. The uncompensated testimonials presented here may not be representative of other investors' experiences, and there can be no guarantee that investors will experience future performance or success consistent with the testimonials presented.

The Yield

Our weekly podcast providing ideas about how to make money work for you and bring you closer to your dreams.

Since inception, over $2.5B has been invested on Yieldstreet

Join today for free to access alternative investment opportunities.