1 The Fund’s NAV per common share as of the date indicated is the NAV determined by the Fund for purposes of complying with the requirements of Section 23(b) of the Investment Company Act of 1940, as amended, and has not been approved by the Fund’s board of trustees. The Fund’s NAV per common share may increase or decrease in the future, and any such change may be material.
The performance data quoted represents past performance. Past performance does not guarantee future results. The investment return and principal value of an investment will fluctuate so that an investor's shares, when redeemed, may be worth more or less than their original cost and current performance may be lower or higher than the performance quoted. For performance data current to the most recent month end, please call 877-567-7264.
2 The annualized distribution rate shown is expressed as a percentage equal to the projected annualized distribution amount per share (which is calculated by annualizing the most recent quarterly cash distribution per share as of the date indicated, without compounding), divided by the Fund’s net asset value per share of Class A shares as of the date indicated. The annualized distribution rate shown may be rounded. The payment of future distributions on the Fund’s common shares is subject to the discretion of the Fund’s board of trustees and applicable legal restrictions and, therefore, there can be no assurance as to the amount or timing of any such future distributions. The determination of the tax attributes of the Fund’s distributions is made annually at the end of the Fund’s fiscal year, and a determination made on an interim basis may not be representative of the actual tax attributes of the Fund’s distributions for a full year. The actual tax characteristics of distributions to shareholders are reported to shareholders annually on Form 1099-DIV. Pursuant to the expense support and conditional reimbursement agreement, dated May 18, 2017 (the “Expense Support Agreement”), the Adviser has agreed to reimburse the Fund for expenses in an amount that is sufficient to ensure that no portion of the Fund’s distributions to shareholders will be paid from offering proceeds or borrowings. All distributions declared and paid to date have been funded by the Adviser pursuant to the terms of the Expense Support Agreement. As a result, no portion of the distributions declared or paid to date have constituted a return of capital. Shareholders should understand that any such distributions are not based on the Fund’s investment performance, and can only be sustained if the Fund achieves positive investment performance in future periods and/or the Adviser continues to make such expense reimbursements.
$2,500 (qualified retirement accounts)
Expected Life of Fund
5 - 7 years
Distribution Reinvestment Plan
Price equal to net asset value