CALLODINE CAPITAL MANAGEMENT: Investment Adviser Form ADV Filing

Who they report serving

Form ADV · Item 5.D

Client types and their share of reported regulatory assets.

Client type	Clients	Regulatory assets	Share of AUM
Pooled investment vehicles	10	$1,515,057,003	74.5%
Investment companies	3	$456,437,975	22.4%
Corporations & businesses	Fewer than 5	$62,736,034	3.1%

Filing source

Form ADV 2126715 · Sep 15, 2026 · Item 5.D

Official IAPD profile (latest public filing). Values are the most recently reported in our imported data; the public profile may show a newer filing.

Private funds & service providers

3 Private funds

The count excludes feeder funds. Funds in the latest filing appear first, ordered by reported gross assets. Earlier funds retain their last reported values.

CALLODINE CAPITAL MASTER FUND, L.P.Hedge Fund · Last reported Sep 15, 2026$903MGross asset value

Feeder funds

Fund administrator MORGAN STANLEY FUND SERVICES (CAYMAN) LTD. DUBLIN 2, Ireland Investor statements: Yes (provided to all investors) Related to adviser: No

Fund administrator MORGAN STANLEY FUND SERVICES USA LLC PURCHASE, New York, United States Investor statements: Yes (provided to all investors) Related to adviser: No

Auditor PRICEWATERHOUSECOOPERS LLP BOSTON, Massachusetts, United States

Custodian GOLDMAN SACHS & CO. LLC NEW YORK, New York, United States Related to adviser: No

Custodian MORGAN STANLEY & CO. LLC NEW YORK, New York, United States Related to adviser: No

Marketer AGECROFT PARTNERS, LLC RICHMOND, Virginia, United States Related to adviser: No

Marketer MANNING & NAPIER INVESTOR SERVICES, INC. FAIRPORT, New York, United States Related to adviser: Yes

Prime broker GOLDMAN SACHS & CO. LLC NEW YORK, New York, United States

Prime broker MORGAN STANLEY & CO. LLC NEW YORK, New York, United States

Provider details

Annual audit: Yes
Prime brokers: Yes
Custodians: Yes
Administrator other than the adviser: Yes
External marketing: Yes

PRICEWATERHOUSECOOPERS LLP
PCAOB 238

GOLDMAN SACHS & CO. LLC
SEC 8-129

MORGAN STANLEY & CO. LLC
SEC 8-15869

AGECROFT PARTNERS, LLC
CRD 139227 · SEC 8-67198

MANNING & NAPIER INVESTOR SERVICES, INC.
CRD 26266 · SEC 8-42468

GOLDMAN SACHS & CO. LLC
CRD 361 · SEC 8-129

MORGAN STANLEY & CO. LLC
CRD 8209 · SEC 8-15869

Fund details & source

Fund ID: 805-5789707146
Reported beneficial owners: 82
Minimum commitment: $1M
Form D file number: 021-316074
Form D file number: 021-335573

Form ADV 2126715 · Sep 15, 2026 · Schedule D 7.B.(1)

Official IAPD profile (latest public filing). Values are the most recently reported in our imported data; the public profile may show a newer filing.

CALLODINE BDC INCOME FUND, LPOther Private Fund · Last reported Sep 15, 2026$51.6MGross asset value

Form D fundraising filings

Callodine BDC Income Fund, LP

Fund administrator MORGAN STANLEY FUND SERVICES USA LLC PURCHASE, New York, United States Investor statements: Yes (provided to all investors) Related to adviser: No

Auditor PRICEWATERHOUSECOOPERS LLP BOSTON, Massachusetts, United States

Custodian MORGAN STANLEY & CO. LLC NEW YORK, New York, United States Related to adviser: No

Marketer MANNING & NAPIER INVESTOR SERVICES, INC. FAIRPORT, New York, United States Related to adviser: Yes

Prime broker MORGAN STANLEY & CO. LLC NEW YORK, New York, United States

Provider details

Annual audit: Yes
Prime brokers: Yes
Custodians: Yes
Administrator other than the adviser: Yes
External marketing: Yes

PRICEWATERHOUSECOOPERS LLP
PCAOB 238

MORGAN STANLEY & CO. LLC
SEC 8-15869

MANNING & NAPIER INVESTOR SERVICES, INC.
CRD 26266 · SEC 8-42468

MORGAN STANLEY & CO. LLC
CRD 8209 · SEC 8-15869

Fund details & source

Fund ID: 805-7265090297
Reported beneficial owners: 65
Minimum commitment: $500K
Form D file number: 021-368367

Form ADV 2126715 · Sep 15, 2026 · Schedule D 7.B.(1)

Official IAPD profile (latest public filing). Values are the most recently reported in our imported data; the public profile may show a newer filing.

CALLODINE EQUITY INCOME FUNDOther Private Fund · Last reported Jan 10, 2024$66.3MGross asset value

Form D fundraising filings

Callodine Equity Income Fund, LP

Fund administrator MORGAN STANLEY FUND SERVICES USA LLC PURCHASE, New York, United States Investor statements: Yes (provided to all investors) Related to adviser: No

Auditor PRICEWATERHOUSECOOPERS LLP BOSTON, Massachusetts, United States

Custodian MORGAN STANLEY & CO. LLC NEW YORK, New York, United States Related to adviser: No

Prime broker MORGAN STANLEY & CO. LLC NEW YORK, New York, United States

Provider details

Annual audit: Yes
Prime brokers: Yes
Custodians: Yes
Administrator other than the adviser: Yes
External marketing: No

PRICEWATERHOUSECOOPERS LLP
PCAOB 238

MORGAN STANLEY & CO. LLC
SEC 8-15869

MORGAN STANLEY & CO. LLC
CRD 8209 · SEC 8-15869

Fund details & source

Fund ID: 805-3921682916
Reported beneficial owners: 4
Minimum commitment: $500K
Form D file number: 021-428138

Form ADV 1811666 · Jan 10, 2024 · Schedule D 7.B.(1)

Official IAPD profile (latest public filing). Values are the most recently reported in our imported data; the public profile may show a newer filing.

Services & filing details

Most recent filing: Sep 15, 2026. View historical filings

Reported services

Individual portfolio management · Investment company portfolio management · Pooled investment vehicle management · Business portfolio management

Compensation

Percentage of assets

Principal office

ONE INTERNATIONAL PLACE, SUITE 2710
BOSTON, MA, 02110, United States

CRD 297115

Filing source

Form ADV 2126715 · Sep 15, 2026 · Items 1 & 5

Official IAPD profile (latest public filing). Values are the most recently reported in our imported data; the public profile may show a newer filing.