Cantor Fitzgerald Income Trust, Inc. 8-K
Accession 0001193125-26-006514
Filed
Jan 6, 7:00 PM ET
Accepted
Jan 7, 5:00 PM ET
Size
1.2 MB
Accession
0001193125-26-006514
Research Summary
AI-generated summary of this filing
Cantor Fitzgerald Income Trust Cuts Advisory Fees; Updates Repurchase Plan
What Happened
Cantor Fitzgerald Income Trust, Inc. filed an 8‑K (Jan 7, 2026) reporting material amendments effective January 1, 2026. The Company and related parties executed a Third Amended and Restated Advisory Agreement that reduces base asset management fees to 0.75% of net asset value (NAV) per year (paid monthly). The Company and limited partners also adopted a Second Amended and Restated Limited Partnership Agreement that reduces an affiliate of the advisor’s performance participation allocation from 12.5% to 5.0%. Separately, the board adopted a Fourth Amended and Restated Share Repurchase Program that prioritizes full repurchases for accounts holding less than $2,500.
Key Details
- Advisory fee reduced to 0.75% of NAV per annum (paid monthly as one‑twelfth of 0.75%).
- Performance participation allocation for an advisor affiliate lowered from 12.5% to 5.0%.
- The provision limiting reimbursement of certain expenses when such reimbursement would reduce NAV per share below $25 was eliminated.
- Share repurchase change: requests from accounts with less than $2,500 in Company shares will be repurchased in full (to the extent funds are available); other requests will be repurchased on a pro rata basis.
Why It Matters
Lower base advisory fees and a reduced performance allocation can meaningfully reduce the Company’s operating expenses and incentive payouts to the advisor, which may support NAV and returns available to stockholders over time. The removal of the $25 NAV reimbursement cap means the advisor may be reimbursed for certain advanced expenses even if that reimbursement would lower NAV per share below $25, which investors should note as a potential additional cost under some scenarios. The repurchase program change gives priority liquidity to small accounts (under $2,500), which could benefit retail holders seeking to exit small positions.
Documents
- 8-Kcfit-20260101.htmPrimary
8-K
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EX-4.1
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EX-10.1
- EX-10.2cfit-ex10_2.htm
EX-10.2
- EX-101.SCHcfit-20260101.xsd
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Issuer
Cantor Fitzgerald Income Trust, Inc.
CIK 0001666244
Related Parties
1- filerCIK 0001666244
Filing Metadata
- Form type
- 8-K
- Filed
- Jan 6, 7:00 PM ET
- Accepted
- Jan 7, 5:00 PM ET
- Size
- 1.2 MB