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The Board has considered the viability of the Fund and, taking into account the current levels of assets under management and the best interests of the Shareholders, has decided that it is impracticable and inadvisable for the Fund to continue to operate. Under the instrument of incorporation of the ICAV (the Instrument), the Board may terminate a sub-fund if the Net Asset Value of the relevant sub-fund is less than the Minimum Fund Size. The Board has therefore resolved to terminate the Fund with effect from 8 February 2021 (the Termination Date) in accordance w...
1.95% 2.04% The majority, and possibly all, of this distribution will be paid out of net investment income earned by the Fund. A portion of this distribution may come from net short-term realized capital gains or return of capital. The final determination of the source and tax status of all distributions paid in 2020 will be made after the end of 2020 and will be provided on Form 1099-DIV. The Fund is a diversified, closed-end management investment company. The Fund’s investment objectives are to seek a high level of current income and to return $9.85 per common share of beneficial interest...