X0102 24F-2NT LIVE 0002022674 XXXXXXXX 333-297658 false false N-2 Variant Alternative Lending Fund co UMB Fund Services Inc 235 West Galena Street Milwaukee WI X1 53212 true 811-23965 333-297658 04/30/2026 83710172.00 8558723.00 250000000.00 258558723.00 0.00 (174848551.00) 0.000138100 0.00 0.00 0.00 Consistent with footnote 348 in Release No. IC-33836, to facilitate the transition to calculating fees on Form 24F-2, the Fund has reduced the aggregate sales price of securities sold during the fiscal year reported in response to Item 5(i) by the amount of shares that were registered under the Fund's registration statement on Form N-2 that were sold during the Fund's fiscal year. /s/ Curt Fintel, Treasurer Curt Fintel, Treasurer 07/29/2026