Axonic Alternative Income Fund and Axonic Strategic Income Fund amended their request for co-investment relief to add Axonic Strategic Income Fund as a covered registered open-end fund and broaden eligible future vehicles to open-end funds.

Axonic Alternative Income Fund reported its annual proxy voting information for calendar year 2026, with no other included managers and no series listed. Investors have no manager- or series-level voting records to review in this report.

Axonic Alternative Income Fund announced a quarterly repurchase offer for up to 5% of outstanding common shares, with requests due September 18, 2026. Accepted shares will be priced at net asset value, with payments expected by September 25 and no fee.

Axonic Alternative Income Fund announced a quarterly repurchase offer for up to 5% of its issued and outstanding common shares, with the offer period running from May 21, 2026 through June 18, 2026 and May 14, 2026 NAV at $19.73 for Class A Shares and $20.05 for Class I Shares. Accepted shares will be repurchased at NAV, with payment expected within seven calendar days after the June 18, 2026 pricing date.

Axonic Funds obtained a joint Investment Company Blanket Bond with $3.5 million limits for fidelity, in transit, forgery or alteration, and securities coverage, plus $1 million for social engineering fraud, effective December 31, 2025 to December 31, 2026. The bond extends coverage to Axonic Alternative Income Fund and Axonic Strategic Income Fund and imposes a $5,000 deductible on the added social engineering fraud coverage.

Axonic Alternative Income Fund updated its prospectus to reflect two share classes, Institutional Shares and Class A Shares, with Class A carrying a 2.5% front-end load and 0.75% annual distribution and servicing fee. Investors remain subject to quarterly repurchase offers for 5% to 25% of outstanding Shares at NAV.

Axonic Alternative Income Fund announced a quarterly repurchase offer for up to 5% of outstanding common shares at NAV, with the offer period running from February 20, 2026 to March 20, 2026 and NAV on February 13, 2026 at $19.81 for Class A and $20.10 for Class I. Shareholders must tender by March 20, 2026 to receive payment expected within seven calendar days of the pricing date.

Axonic Alternative Income Fund reported $158.2 million of securities sold and $32.7 million redeemed or repurchased for the fiscal year ended October 31, 2025, resulting in $125.5 million of net sales. This requires payment of a $17,326 registration fee and reflects no interest due.

Axonic Alternative Income Fund seeks authority to join with Axonic Capital and affiliated vehicles in co-investment transactions under shared terms, replacing the 2024 exemptive order. If granted, the Fund and affiliated accounts could participate in the same investments subject to board oversight and allocation conditions.

Axonic Alternative Income Fund announced a quarterly repurchase offer for up to 10% of its outstanding common shares, with tenders due by December 19, 2025 and pricing based on NAV that day. Shareholders may receive liquidity through the repurchase process, with payments expected within seven calendar days after pricing.