Variant Alternative Income Fund

04/01/2026 | Press release | Distributed by Public on 04/01/2026 09:13

Supplemental Prospectus (Form 424B3)

Filed pursuant to Rule 424(b)(3)

Registration Statement No. 333-259138

Variant Alternative Income Fund

(the "Fund")

Supplement dated April 1, 2026

to the

Prospectus dated August 31, 2025

Fund's Distribution Policy

Effective as of April 1, 2026, the Fund's distribution policy will change to increase the frequency of distributions from quarterly to monthly.

The Fund's Prospectus is amended to revise all references to the frequency of distributions from quarterly to monthly, as set forth above.

* * *

Capitalized terms used and not otherwise defined in this Supplement have the meaning given them in the Prospectus.

Please retain this Supplement for future reference.

Variant Alternative Income Fund published this content on April 01, 2026, and is solely responsible for the information contained herein. Distributed via EDGAR on April 01, 2026 at 15:13 UTC. If you believe the information included in the content is inaccurate or outdated and requires editing or removal, please contact us at [email protected]