# K2 Long Short Credit Fund

K2 Long Short Credit Fund is a registered fund series of Franklin Alternative Strategies Funds (series S000049976). Net assets $50.5M as of 2023-02-28.

## Profile

- Series ID: S000049976
- Registrant: Franklin Alternative Strategies Funds
- LEI: 549300N9C1E4TELF5J51
- Net assets: $50.5M
- Total assets: $59.9M
- As of: 2023-02-28

## Advisers

- [K2/D&S Management Co., L.L.C (Advisor)](https://search.stillhousedata.com/firm/123826)
- [Emso Asset Management Limited (Subadvisor)](https://search.stillhousedata.com/firm/139217)
- [Ellington Global Asset Management, LLC (Subadvisor)](https://search.stillhousedata.com/firm/141772)
- [Apollo Credit Management LLC (Subadvisor)](https://search.stillhousedata.com/firm/156115)
- [Benefit Street Partners, LLC (Subadvisor)](https://search.stillhousedata.com/firm/158672)
- [Medalist Partners, LP (Subadvisor)](https://search.stillhousedata.com/firm/292747)

## Top holdings (200 reported)

_Showing 15 of 200 holdings by value._

| Holding | Ticker | Value | % of fund |
| --- | --- | --- | --- |
| FIDELITY INSTL MMKT GOVT | — | $21.5M | 4262.57% |
| [Barclays Commercial Mortgage S](https://search.stillhousedata.com/security/05492NAJ2) | — | $1.3M | 263.54% |
| [Mountain View CLO Ltd](https://search.stillhousedata.com/security/62431XBA3) | — | $1.3M | 255.27% |
| K HOVNANIAN RC 12/28/22 | — | $970K | 192.26% |
| [Morgan Stanley Capital I Trust](https://search.stillhousedata.com/security/61768FAN0) | — | $962K | 190.74% |
| [FRTKL](https://search.stillhousedata.com/security/30322DAN9) | — | $851K | 168.62% |
| [VMC Finance LLC](https://search.stillhousedata.com/security/91834PAG0) | — | $830K | 164.52% |
| [Stellar Jay Ireland Dac](https://search.stillhousedata.com/security/858558AB5) | — | $788K | 156.24% |
| [FARM 2021-1 Mortgage Trust](https://search.stillhousedata.com/security/30768WAC2) | — | $547K | 108.35% |
| [K HOVNANIAN ENTERPRISES](https://search.stillhousedata.com/security/48251UAF5) | — | $435K | 86.16% |
| [JANE STREET GRP/JSG FIN](https://search.stillhousedata.com/security/47077WAA6) | — | $407K | 80.65% |
| [GS Mortgage Securities Corp.](https://search.stillhousedata.com/security/36190GAE8) | — | $407K | 80.64% |
| [ASTON MARTIN CAPITAL HOL](https://search.stillhousedata.com/security/04625HAG4) | — | $399K | 79.18% |
| [CHOBANI LLC/FINANCE CORP](https://search.stillhousedata.com/security/17027NAA0) | — | $374K | 74.03% |
| [Structured Adjustable Rate Mor](https://search.stillhousedata.com/security/86359BPE5) | — | $371K | 73.63% |

## Net asset history

| Report date | Net assets |
| --- | --- |
| 2023-02-28 | $50.5M |
| 2022-11-30 | $67.9M |
| 2022-08-31 | $77.6M |
| 2022-05-31 | $87.1M |
| 2022-02-28 | $97.6M |
| 2021-11-30 | $106.2M |
| 2021-08-31 | $109.5M |
| 2021-05-28 | $106.2M |

## More

- [Registrant: Franklin Alternative Strategies Funds](https://search.stillhousedata.com/registrant/1535538)
- [This page as markdown (for LLM agents)](https://search.stillhousedata.com/fund/S000049976.md)
- [Search all SEC filings, advisers and people on Adviser Search](https://search.stillhousedata.com/)

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Source: public SEC filing data via Adviser Search (https://search.stillhousedata.com).
Agents: this data is also queryable via MCP tools and read-only SQL — see https://search.stillhousedata.com/llms.txt.