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Insider Cluster (2 insiders) ·Filed Sep 29, 2026
CR

CRAFX

Cascade Real Assets Fund
BULLISH
Impact 6/10
Horizonweeks Processed27d 6h ago
Insider cluster: 2 insiders, $5.2M total
Actionable Insight ▲ Bullish

The President's $5M purchase is a strong conviction signal, especially for a real assets fund where insiders typically have limited liquidity. Monitor next NAV and distribution for confirmation of asset values.

DirectionBullish
Confidencehigh
Horizonweeks
Latest settled — T+5d
CRAFX ▲ +2.10% at T+5d
LONG call ✓ call won +2.10% · α vs SPY +0.15% · entry $10.00 → $10.21
Next anchor: T+20d in 15h
Entry = T+0 close
Sep 29, 2026
via day close
T+1d
+1.70%
call +1.70% · α +1.91%
$10.17
settled 26d ago
T+5d
+2.10%
call +2.10% · α +0.15%
$10.21
settled 20d ago
T+20d
Pending
in 15h
T+60d
Pending
in 8w

Price Chart

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Executive Summary

President Stephen Lane and Director Paul Williams made open-market purchases totaling $5.22M in Cascade Real Assets Fund shares at $10.00 each. The President's $5M purchase represents a significant insider vote of confidence, as the fund's NAV per share likely trades near the purchase price.

Key Financial Metrics

Direction
buying
Total Value
$5.2M
Insiders
2

Key Facts

  • President Nesbitt Stephen Lane purchased 500,000 shares for $5.0M at $10.00/share on 2026-09-21
  • Director Paul Jay Williams purchased 22,000 shares for $220K at $10.00/share on 2026-09-25
  • Total insider buying: $5.22M in open-market purchases over a 7-day window
  • Both transactions are open-market buys (code P) with no 10b5-1 plan indication

Financial Impact

$5.22M in insider open-market purchases — a material signal for a closed-end fund or REIT of this size

insider ownershipmarket confidence

Risk Factors

  • Insider purchases do not guarantee short-term price recovery; fund may trade at discount to NAV
  • Real assets fund values may face interest rate sensitivity

Documents Analyzed

This report is based on 1 SEC document filed with EDGAR.

DocumentAccession Number
CLUSTER Data (Synthetic)cluster-CRAFX-1790692964995

US Market Status

Market Closed — Opens Tue (16h 2m)

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Report published Sep 29, 2026