Background and Ownership Lind Capital Partners, LLC (“Lind”) was founded in 2008. Lind is employee-owned by J. Robert Lind, and David M. Murdoch. Advisory Services Lind provides investment advice primarily on fixed income securities and focuses on municipal securities issued by states, local governments, and their agencies, authorities,’ and instrumentalities. Municipal bonds are subject to risks generally associated with fixed income securities as described under Item 8 of this brochure. Lind typically manages portfolios primarily comprised of high yield tax-exempt municipal bonds for separately managed account (“SMA”) clients and a registered interval fund launched on February 2, 2022, the Lind Capital Municipal Credit Income Fund, ticker LCPMX (the “Fund”). Lind’s investment goal for both the Fund and SMA client portfolios is to seek high current income exempt from regular U.S. federal income tax, primarily by investing in tax- exempt municipal securities. Capital appreciation is an additional investment objective for discretionary client portfolios. Lind primarily manages Client portfolios on a discretionary basis but may also provide its services on a non-discretionary basis in accordance with the terms of Lind’s agreement with each Client. As of December 31, 2023, Lind had $101,370,018 in discretionary regulatory assets under management. Lind did not have any non-discretionary assets under management. Separately Managed Accounts (SMAs) Lind provides advice to separately managed accounts for high-net-worth individuals, corporations, and other business entities. Portfolio management is provided based on each client’s unique investment goals, objectives, tolerances for risk, and client-imposed restrictions, if any. When providing discretionary investment advisory services, Lind has responsibility for day-to-day portfolio management activities in Client accounts. Clients are advised to promptly notify Lind if there are changes in their financial situation or investment objectives. Clients can place reasonable restrictions on Lind’s investment discretion, including regarding portfolio characteristics such as duration, concentration, geographic restrictions, or rating, among others. Investment restrictions are documented in the agreement Lind has with each Client and these may be revised from time to time. Clients should understand that revisions to investment restrictions must be submitted to Lind in writing and such restrictions are not implemented until agreed to by Lind, subject to an implementation period determined. Lind Capital Municipal Credit Income Fund (the “Fund”) Lind serves as investment manager to the Lind Capital Municipal Credit Income Fund, a registered interval fund which commenced operations on February 2, 2022. Lind manages the assets of the Fund based on its specific investment objectives and restrictions, as outlined in its prospectus and statement of additional information, rather than on the individual needs and objective of the individual shareholders. Sub-advisory Services for Registered Investment Advisers Lind offers sub-advisory services to unaffiliated third-party money managers (the "Primary Investment Adviser"). As part of these services, we will typically manage assets delegated to us by the Primary Investment Adviser using the same general investment strategy that we employ for our SMA Clients. We provide these services pursuant to a written agreement with the Primary Investment Adviser, detailing the specific services we will provide and the fees to be charged for such services. Consulting / Research Services Upon request, Lind provides customized research, portfolio management recommendations or related services for an asset based or fixed fee. There is no standard description of these services as they are customized for each client who requests the service. IRA Rollover Recommendations For purposes of complying with the DOL’s Prohibited Transaction Exemption 2020-02 (“PTE 2020-02”) where applicable, we are providing

the following acknowledgment to you.  When we provide investment advice to you regarding your retirement plan account or individual retirement account, we are fiduciaries within the meaning of Title I of the Employee Retirement Income Security Act and/or the Internal Revenue Code, as applicable, which are laws governing retirement accounts. The way we make money creates some conflicts with your interests, so we operate under a special rule that requires us to act in your best interest and not put our interest ahead of yours. Under this special rule’s provisions, we must:
• Meet a professional standard of care when making investment recommendations (give prudent advice).
• Never put our financial interests ahead of yours when making recommendations (give loyal advice).
• Avoid misleading statements about conflicts of interest, fees, and investments.
• Follow policies and procedures designed to ensure that we give advice that is in your best interest.
• Charge no more than is reasonable for our services; and
• Give you basic information about conflicts of interest. We benefit financially from the rollover of your assets from a retirement account to an account that we manage or provide investment advice, because the assets increase our assets under management and, in turn, our advisory fees. As a fiduciary, we only recommend a rollover when we believe it is in your best interest. As part of our investment advisory services to you, we may recommend that you withdraw the assets from your employer’s retirement plan and roll the assets to an individual retirement account (“IRA”) that we will manage on your behalf. If you elect to roll the assets to an IRA that is subject to our management, we will charge you an asset-based fee as set forth in the agreement you executed with our firm. This practice presents a conflict of interest because we have an incentive to recommend a rollover to you for the purpose of generating fee-based compensation rather than solely based on your needs. You are under no obligation contractually or otherwise, to complete the rollover. Moreover, if you do complete the rollover, you are under no obligation to have the assets in an IRA managed by our Firm. If you are considering rolling over retirement funds to an IRA for us to manage, here are a few points to consider beforehand: 1. Determine whether the investment options in your employer's retirement plan address your needs or whether you might want to consider other types of investments. 2. Your current plan may have lower fees than our fees. 3. Our strategy may have higher risk than the option(s) provided to you in your plan. 4. Your current plan may also offer financial advice. 5. If you keep your assets titled in a 401k or retirement account, you could potentially delay your required minimum distribution beyond age 72. 6. Your 401k may offer more liability protection than a rollover IRA; each state may vary. Generally, federal law protects assets in qualified plans from creditors. Since 2005, IRA assets have been generally protected from creditors in bankruptcies. However, there can be some exceptions to the general rules, so you should consult with an attorney if you are concerned about protecting your retirement plan assets from creditors. 7. You may be able to take out a loan on your 401k, but not from an IRA. 8. IRA assets can be accessed any time; however, distributions are subject to ordinary income tax and may also be subject to a 10% early distribution penalty unless they qualify for an exception such as disability, higher education expenses or the purchase of a home. 9. If you own company stock in your plan, you may be able to liquidate those shares at a lower capital gains tax rate. 10. Your plan may allow you to hire us as the manager and keep the assets titled in the plan name. It is important that you understand the differences between these types of accounts and to decide whether a rollover is best for you. Prior to proceeding, if you have questions contact us at our main number (312-878-3830).