CITY NATIONAL ROCHDALE STRATEGIC CREDIT FUND
Supplement dated April 10, 2023, to the Statement of Additional Information (the “SAI”) dated September 30, 2022
Effective immediately, the Officers table in the “Trustees and Officers” section of the SAI beginning on page 43 is deleted in its entirety and replaced with the following:
Name and Year of Birth | Position with the Trust | Term of Office(1) and Length of Time Served | Principal Occupation for the Past Five Years |
Garrett R. D’Alessandro Year of Birth: 1957 | President and Chief Executive Officer | 2016-2021 and 2022-present | Chief Executive Officer, City National Rochdale (1986–present); Chief Investment Officer, City National Rochdale (2016-2018); President and Chief Executive Officer, City National Rochdale Funds (2013-2021 and 2022-present), City National Rochdale Select Strategies Fund (the “Select Strategies Fund”) (2016-2021 and 2022-present), and City National Rochdale Strategic Credit Fund (the “Strategic Credit Fund”) (2018-2022 and 2022-present). |
Andrew Metzger SEI Investments One Freedom Valley Drive Oaks, Pennsylvania 19456 | Treasurer (Principal Financial and Accounting Officer and Controller) | Since 2021 | Director of Fund Accounting, SEI Investments Company (2020-present). Senior Director, Embark Consulting, LLC (2019-2020). Senior Manager, PricewaterhouseCoopers LLP (2002-2019). Treasurer (Principal Financial and Accounting Officer and Controller), City National Rochdale Funds, Select Strategies Fund and Strategic Credit Fund (April 2021-present). |
Rochelle Levy Year of Birth: 1985 | Chief Compliance Officer (“CCO”), Anti-Money Laundering Officer (“AML Officer”) and Identity Theft Program Officer (“ITP Officer”) | Since 2022 | Senior Vice President and Wealth Management Chief Compliance Officer, City National Bank (2022-present); CCO, AML Officer and ITP Officer, City National Rochdale Funds, Select Strategies Fund and Strategic Credit Fund (September 2022-present); CCO and AML Officer, BNY Mellon Private Funds (2019-2022); CCO, BNY Mellon Commingled Funds (2019-2021); Investment Management, Head of Distribution Compliance BNY Mellon, N.A. (2019-2022); Vice President, JPMorgan Chase & Co. (2014-2019). |
Mitchell Cepler Year of Birth: 1982 | Vice President and Assistant Treasurer | Since 2016 | Group Finance Manager, City National Rochdale (2011–present); Vice President and Assistant Treasurer, City National Rochdale Funds (2015-present), Select Strategies Fund (2016-present), and Strategic Credit Fund (2018-present). |
Matthew M. Maher SEI Investments One Freedom Valley Drive Oaks, Pennsylvania 19456 Year of Birth: 1975 | Assistant Secretary | Since 2019 | Counsel, SEI Investments Company (2018-present); Assistant Secretary, City National Rochdale Funds, Select Strategies Fund, and Strategic Credit Fund (2019-present); Attorney, Blank Rome LLP (2015-2018); Assistant Counsel and Vice President, Bank of New York Mellon (2013-2014); Attorney, Dilworth Paxson LLP (2006-2013). |
(1) | Each officer serves until removed by the Board or the principal executive officer of the Trust, or until such officer resigns. |
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PLEASE RETAIN THIS SUPPLEMENT FOR FUTURE REFERENCE.
CNR-SK- 068-0100