Cascade Real Assets Fund Director Paul Jay Williams Buys 30,000 Shares

What Happened
Paul Jay Williams, a director of Cascade Real Assets Fund (CRAFX), made two purchases on 2026-09-25: 22,000 shares at $10.00 each ($220,000) and 8,000 shares at $10.00 each ($80,000), for a combined 30,000 shares and $300,000. These were purchases (code P), which are generally seen as more informative than routine sales.

Key Details

• Transaction dates and prices: 2026-09-25 — 22,000 shares @ $10.00 and 8,000 shares @ $10.00.
• Total purchased: 30,000 shares for $300,000.
• Footnote: F1 — these shares are held in the insider’s spouse’s account.
• Shares owned after transaction: Not specified in the provided filing.
• Filing date: 2026-09-29 — filed within the standard 2 business-day window, so the report appears timely.

Context

• These were straightforward purchases (no option exercises, gifts, or planned-sale disclosures). Purchases can be interpreted as a positive signal but do not by themselves explain the insider’s motivation.
• For retail investors: note the holding is in a spouse’s account, which is common and still reported under insider rules.