CITY NATIONAL ROCHDALE STRATEGIC CREDIT FUND
Supplement dated December 7, 2023, to the
Statement of Additional Information (the “SAI”) dated September 28, 2023
Effective immediately, the Officers table in the “Trustees and Officers” section beginning on page 40 of the SAI 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 |
Officers: | |||
Kurt Hawkesworth Year of Birth: 1971 | President and Chief Executive Officer | Since 2023 | Chief Operating Officer, City National Rochdale (2003-present). Head of Portfolio Management, City National Rochdale (2017-present). President and Chief Executive Officer City National Rochdale Funds, City National Rochdale Select Strategies Fund (the "Select Strategies Fund"), and City National Rochdale Strategic Credit Fund (the "Strategic Credit Fund") (2023-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). Treasurer (Principal Financial and Accounting Officer and Controller), City National Rochdale Funds, Select Strategies Fund and Strategic Credit Fund (April 2021-present). Senior Director, Embark Consulting, LLC (2019-2020). Senior Manager, PricewaterhouseCoopers LLP (2002-2019). |
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 2018 | 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). |
Frank Bonsignore Year of Birth: 1967 | Vice President and Secretary | Since 2023 | Mutual Funds Oversight Lead, City National Rochdale Funds, Select Strategies Fund and Strategic Credit Fund (2023-present). Director of Operations, BNY Mellon (1997-2023). |
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- 072-0100