| Holdings (as of 3/31/2012) | ||||
|---|---|---|---|---|
Rank | Issue | Quantity ($) | Value($) | % of Managed Assets |
| 1. | Chrysler Group LLC, Senior Secured Tranche B First Lien Term Loan | 4,837,395 | 4,922,605.68 | 1.60% |
| 2. | Presidio, Inc., Senior Secured First Lien Term B Loan | 4,802,496 | 4,874,533.55 | 1.59% |
| 3. | Hupah Finance, Inc., Senior Secured First Lien Initial Term Loan | 4,824,561 | 4,863,785.08 | 1.58% |
| 4. | Armored AutoGroup, Inc. (fka Viking Acquisition, Inc. (aka Global AutoCare)), Senior Secured First Lien Term B Loan | 4,930,038 | 4,861,017.25 | 1.58% |
| 5. | Carestream Health, Inc. (aka Onex Carestream Finance LP), Senior Secured First Lien Term B Loan | 4,948,781 | 4,849,805.69 | 1.58% |
| 6. | Drumm Investors LLC (aka Golden Living), Senior Secured Term Loan,* | 4,961,604 | 4,701,119.88 | 1.53% |
| 7. | Sorenson Communications, Inc., Senior Secured First Lien Tranche C Term Loan | 4,532,442 | 4,466,563.17 | 1.45% |
| 8. | Fairway Group Acquisition Co., Senior Secured First Lien Term Loan | 4,455,014 | 4,410,463.98 | 1.43% |
| 9. | Del Monte Corp., Senior Unsecured Bond | 4,330,000 | 4,330,000.00 | 1.41% |
| 10. | Sprouts Farmers Market Holdings LLC, Senior Secured First Lien Initial Term Loan | 4,290,000 | 4,234,573.21 | 1.38% |
| 11. | Sensus USA, Inc. (fka Sensus Metering Systems), Senior Secured Second Lien Term Loan | 3,714,286 | 3,714,285.71 | 1.21% |
| 12. | Star West Generation LLC, Senior Secured First Lien Term B Advance Loan | 3,384,615 | 3,353,595.38 | 1.09% |
| 13. | Sophia LP, Senior Secured First Lien New Term Loan | 3,200,000 | 3,253,344.00 | 1.06% |
| 14. | MetroPCS Wireless, Inc., Senior Unsecured Bond | 3,000,000 | 3,172,500.00 | 1.03% |
| 15. | Emergency Medical Services Corp. (aka CDRT Merger Sub), Senior Unsecured Bond | 3,000,000 | 3,097,500.00 | 1.01% |
| 16. | Kronos, Inc. (aka Seahawk Acquisition Corp.), Senior Secured Tranche B-1 Second Lien Term Loan | 3,000,000 | 3,049,995.00 | 0.99% |
| 17. | Hyland Software, Inc., Senior Secured First Lien Term 2 Loan | 3,019,863 | 3,015,454.42 | 0.98% |
| 18. | Attachmate Corp., Senior Secured Second Lien Term Loan | 3,000,000 | 2,993,445.00 | 0.97% |
| 19. | Interactive Data Corp., Senior Secured Term Loan,* | 2,977,481 | 2,980,979.65 | 0.97% |
| 20. | Amscan Holdings, Inc., Senior Secured First Lien Term Loan | 2,962,406 | 2,974,329.58 | 0.97% |
| 21. | Syniverse Holdings, Inc. (aka Buccaneer Merger Sub, Inc.), Senior Secured First Lien Term Loan | 2,952,575 | 2,968,873.61 | 0.97% |
| 22. | Cambium Learning Group, Inc., Senior Secured Bond | 3,000,000 | 2,932,500.00 | 0.95% |
| 23. | Summit Entertainment LLC, Senior Secured First Lien Term Loan | 2,907,986 | 2,904,351.39 | 0.94% |
| 24. | Sports Authority, Inc. (aka TSA), Senior Secured First Lien Term B Loan | 2,987,399 | 2,877,253.77 | 0.94% |
| 25. | Avaya, Inc., Senior Secured B-3 Extended First Lien Term Loan | 2,960,980 | 2,866,228.93 | 0.93% |
| 26. | Chinos Acquisition Corp. (aka J. Crew Group, Inc.), Senior Unsecured Bond | 2,800,000 | 2,863,000.00 | 0.93% |
| 27. | Ardent Medical Services, Inc., Senior Secured First Lien Term Loan | 2,798,038 | 2,793,378.92 | 0.91% |
| 28. | United Surgical Partners International, Inc., Senior Secured Tranche B First Lien Term Loan | 2,777,778 | 2,760,416.67 | 0.90% |
| 29. | Frac Tech, Senior Secured Term Loan,* | 2,732,974 | 2,727,098.05 | 0.89% |
| 30. | Palace Entertainment Holdings LLC, Senior Secured Bond | 2,600,000 | 2,713,750.00 | 0.88% |
| 31. | Smile Brands Group, Inc., Senior Secured First Lien Term B Loan | 2,684,663 | 2,684,676.33 | 0.87% |
| 32. | Alaska Communications Systems Holdings, Inc., Senior Secured First Lien Term Loan | 2,860,520 | 2,668,235.94 | 0.87% |
| 33. | Asurion LLC, Senior Secured Second Lien Term Loan | 2,571,429 | 2,610,000.00 | 0.85% |
| 34. | Playboy Enterprises, Inc., Senior Secured First Lien Term B Loan | 2,624,573 | 2,598,327.03 | 0.85% |
| 35. | Realogy Corp., Senior Secured Second Lien Term Facility Loan | 2,500,000 | 2,583,925.00 | 0.84% |
| 36. | Academy, Ltd., Senior Secured First Lien Initial Term Loan | 2,493,750 | 2,509,148.91 | 0.82% |
| 37. | Trinseo Materials Operating S.C.A., Senior Secured First Lien Term Loan | 2,719,288 | 2,490,405.38 | 0.81% |
| 38. | RBS Holding Co. LLC, Senior Secured First Lien Term B Loan | 3,960,000 | 2,475,000.00 | 0.81% |
| 39. | Avaya, Inc., Senior Secured Bond | 2,450,000 | 2,468,375.00 | 0.80% |
| 40. | Emergency Medical Services Corp. (aka AMR/EMCare), Senior Secured Initial Term Loan,* | 2,425,500 | 2,431,139.29 | 0.79% |
| 41. | Acosta, Inc., Senior Secured First Lien Term B Loan | 2,405,573 | 2,406,583.78 | 0.78% |
| 42. | National Specialty Hospitals, Inc., Senior Secured First Lien Initial Term Loan | 2,529,007 | 2,383,588.65 | 0.78% |
| 43. | Hubbard Radio LLC, Senior Secured Second Lien Term Loan | 2,285,714 | 2,322,857.15 | 0.76% |
| 44. | Tote Isotoner Corp., Senior Secured First Lien Initial Term Loan | 2,248,633 | 2,226,146.49 | 0.72% |
| 45. | Burger King Corp., Senior Secured Tranche B First Lien Term Loan | 2,197,629 | 2,200,002.83 | 0.72% |
| 46. | Allbritton Communications Co., Senior Unsecured Bond | 2,000,000 | 2,145,000.00 | 0.70% |
| 47. | Mood Media Corp., Senior Secured First Lien Term Loan,* | 2,189,338 | 2,144,642.89 | 0.70% |
| 48. | Michaels Stores, Inc., Senior Unsecured Bond | 2,000,000 | 2,140,000.00 | 0.70% |
| 49. | RSC Equipment Rental, Inc., Senior Unsecured Bond | 2,000,000 | 2,140,000.00 | 0.70% |
| 50. | Kindred Healthcare, Inc., Senior Unsecured Bond | 2,400,000 | 2,103,000.00 | 0.68% |
| 51. | Univision Communications, Inc., Senior Secured Extended First Lien Term Loan | 2,250,000 | 2,090,306.25 | 0.68% |
| 52. | Burlington Coat Factory Warehouse Corp., Senior Unsecured Bond | 2,000,000 | 2,090,000.00 | 0.68% |
| 53. | JMC Steel Group, Senior Unsecured Bond | 2,000,000 | 2,090,000.00 | 0.68% |
| 54. | Crestwood Midstream Partners LP, Senior Unsecured Bond | 2,000,000 | 2,057,500.00 | 0.67% |
| 55. | BreitBurn Energy Partners LP, Senior Unsecured Bond | 2,000,000 | 2,050,000.00 | 0.67% |
| 56. | Spencer Spirit Holdings, Inc., Senior Secured Bond | 2,000,000 | 2,050,000.00 | 0.67% |
| 57. | Alta Mesa Holdings LP, Senior Unsecured Bond | 2,000,000 | 2,025,000.00 | 0.66% |
| 58. | Advance Pierre Foods, Inc., Senior Secured Second Lien Term Loan | 2,000,000 | 2,018,340.00 | 0.66% |
| 59. | Realogy Corp., Senior Secured Bond | 2,000,000 | 2,010,000.00 | 0.65% |
| 60. | PETCO Animal Supplies, Inc., Senior Secured First Lien Term Loan | 2,000,000 | 2,001,630.00 | 0.65% |
| 61. | Neiman Marcus Group, Inc., Senior Secured First Lien Extended Term Loan | 2,000,000 | 2,000,470.00 | 0.65% |
| 62. | BakerCorp International, Inc., Senior Secured Term Loan,* | 1,994,987 | 1,998,548.52 | 0.65% |
| 63. | Bass Pro Group, LLC, Senior SEcured Term Loan | 1,994,975 | 1,998,176.81 | 0.65% |
| 64. | InfoGroup, Inc., Senior Secured First Lien Term B Loan | 2,114,122 | 1,992,560.21 | 0.65% |
| 65. | Inverness Medical, Senior Secured Term Loan | 2,000,000 | 1,992,340.00 | 0.65% |
| 66. | NXP BV, Senior Secured Tranche A-2 First Lien Term Loan | 2,000,000 | 1,986,250.00 | 0.65% |
| 67. | Health Management Associates, Inc., Senior Secured First Lien Term B Loan | 1,995,000 | 1,982,950.20 | 0.65% |
| 68. | Toys "R" Us, Inc., Senior Secured First Lien Initial Term Loan | 1,974,937 | 1,981,681.76 | 0.65% |
| 69. | Eagle Parent, Inc., Senior Secured First Lien Term B Loan | 1,994,975 | 1,981,259.42 | 0.65% |
| 70. | Advantage Sales and Marketing, Inc., Senior Secured First Lien Term Loan | 1,975,000 | 1,979,325.25 | 0.64% |
| 71. | Mediacom Broadband Group (aka MCC Iowa), Senior Secured Tranche F Term Loan,* | 1,979,849 | 1,973,661.84 | 0.64% |
| 72. | Alkermes, Inc., Senior Secured First Lien Term Loan | 1,930,645 | 1,971,671.37 | 0.64% |
| 73. | Sheridan Holdings, Inc., Senior Secured Second Lien Term Loan | 2,000,000 | 1,958,130.00 | 0.64% |
| 74. | Vision Solutions, Inc., Senior Secured Second Lien Term Loan | 2,000,000 | 1,940,000.00 | 0.63% |
| 75. | SRA International, Inc., Senior Secured First Lien Term Loan | 1,929,543 | 1,927,131.51 | 0.63% |
| 76. | Crestwood Holdings LLC, Senior Secured First Lien Term Loan | 1,885,714 | 1,923,438.00 | 0.63% |
| 77. | Digitalglobe, Inc., Senior Secured Term Loan.* | 1,995,000 | 1,921,284.75 | 0.63% |
| 78. | Fibertech Networks LLC (aka Firefox), Senior Secured First Lien Term Loan | 1,904,464 | 1,913,986.60 | 0.62% |
| 79. | Mood Media Corp., Senior Secured Second Lien Term Loan | 2,000,000 | 1,904,000.00 | 0.62% |
| 80. | iPayment, Inc., Senior Secured Term B Loan,* | 1,880,000 | 1,882,434.60 | 0.61% |
| 81. | FRAM Group Holdings, Inc. (aka Autoparts Holdings), Senior Secured First Lien Term Loan | 1,865,625 | 1,881,174.98 | 0.61% |
| 82. | Calumet Specialty Products Partners LP, Senior Unsecured Bond | 1,800,000 | 1,881,000.00 | 0.61% |
| 83. | The Gymboree Corp., Senior Secured First Lien Term Loan,* | 1,979,950 | 1,880,714.79 | 0.61% |
| 84. | Kasima LLC (DCIP), Senior Secured First Lien Incremental Term Loan | 1,874,017 | 1,878,702.21 | 0.61% |
| 85. | The Gymboree Corp., Senior Unsecured Bond | 2,000,000 | 1,855,000.00 | 0.60% |
| 86. | Scitor Corp., Senior Secured First Lien Term Loan | 1,882,752 | 1,833,339.03 | 0.60% |
| 87. | EquiPower Resources Holdings LLC, Senior Secured Term B Loan,* | 1,927,312 | 1,811,673.06 | 0.59% |
| 88. | Kinetic Concepts, Inc., Senior Secured First Lien Term B-1 Loan | 1,722,302 | 1,759,357.49 | 0.57% |
| 89. | Allen Systems Group, Inc., Senior Secured Bond | 2,000,000 | 1,730,000.00 | 0.56% |
| 90. | Accellent, Inc., Senior Subordinated Bond | 2,000,000 | 1,642,500.00 | 0.53% |
| 91. | Lawson Software, Inc., Senior Secured First Lien Term B Loan | 1,690,141 | 1,639,436.62 | 0.53% |
| 92. | Sheridan Production Partners LP, Senior Secured First Lien Term Loan [SIP I] | 1,631,424 | 1,635,502.99 | 0.53% |
| 93. | Verint Systems, Inc., Senior Secured Term Loan,* | 1,631,507 | 1,629,475.63 | 0.53% |
| 94. | TASC, Inc., Senior Secured Tranche B Term Loan,* | 1,607,204 | 1,592,136.12 | 0.52% |
| 95. | MedAssets, Inc., Senior Secured First Lien Term Loan | 1,544,087 | 1,556,153.87 | 0.51% |
| 96. | Vertellus Specialties, Inc., Senior Secured Bond | 2,000,000 | 1,530,000.00 | 0.50% |
| 97. | Getty Images, Inc., Senior Secured Initial Term Loan,* | 1,500,000 | 1,508,625.00 | 0.49% |
| 98. | CDW Corp., Senior Secured First Lien Extended Term Loan | 1,533,168 | 1,486,689.72 | 0.48% |
| 99. | The Gymboree Corp., Senior Secured First Lien Term Loan | 1,562,387 | 1,484,079.75 | 0.48% |
| 100. | Open Link International, Inc., Senior Secured First Lien Initial Term Loan | 1,459,756 | 1,465,230.18 | 0.48% |
| 101. | Monitronics International, Inc., Senior Secured First Lien Term Loan | 1,451,613 | 1,454,937.08 | 0.47% |
| 102. | Reynolds Group Issuer, Inc., Senior Unsecured Bond | 1,400,000 | 1,433,250.00 | 0.47% |
| 103. | Sedgwick Claims Management Services, Inc., Senior Secured First Lien Term B-1 Loan | 1,411,457 | 1,410,278.47 | 0.46% |
| 104. | Arizona Chemical U.S., Inc., Senior Secured First Lien Term Loan | 1,377,273 | 1,397,243.18 | 0.46% |
| 105. | BNY ConvergEx Group LLC, Senior Secured First Lien Top Borrower Term Loan | 1,325,659 | 1,322,344.85 | 0.43% |
| 106. | Shield Finance Co. S.A.R.L. (aka Sophos plc), Senior Secured Incremental First Lien Term B-2 Loan | 1,240,625 | 1,249,929.69 | 0.41% |
| 107. | IL Fornaio Corp., Senior Secured First Lien Term Loan | 1,237,500 | 1,239,046.88 | 0.40% |
| 108. | United Refining Co., Senior Secured Bond | 1,185,000 | 1,229,437.50 | 0.40% |
| 109. | Pinnacle Entertainment, Inc., Senior Secured Series A Incremental First Lien Term Loan | 1,206,897 | 1,214,186.21 | 0.40% |
| 110. | Barrington Broadcasting Group LLC, Senior Secured Tranche 2 First Lien Term Loan | 1,199,324 | 1,210,573.99 | 0.39% |
| 111. | U.S. Security Associates Holdings, Inc., Senior Secured First Lien Term B Loan | 1,207,269 | 1,210,286.76 | 0.39% |
| 112. | Norit Holdings BV, Senior Secured First Lien Term Loan | 1,148,077 | 1,152,382.20 | 0.37% |
| 113. | Health Management Associates, Inc., Senior Unsecured Bond | 1,100,000 | 1,127,500.00 | 0.37% |
| 114. | HCR Healthcare LLC (aka Manor Care, Inc.), Senior Secured First Lien Term B Loan | 1,150,138 | 1,126,416.76 | 0.37% |
| 115. | PETCO Animal Supplies, Inc., Senior Secured First Lien Term Loan | 1,111,478 | 1,112,384.23 | 0.36% |
| 116. | Pharmaceutical Product Development, Inc., Senior Secured First Lien Term Loan | 1,084,239 | 1,099,066.10 | 0.36% |
| 117. | Mediacom Broadband Group (aka MCC Iowa), Senior Unsecured Bond | 1,000,000 | 1,091,250.00 | 0.36% |
| 118. | Cooper-Standard Automotive, Inc., Senior Secured Bond | 1,000,000 | 1,080,000.00 | 0.35% |
| 119. | Cequel Communications LLC, Senior Unsecured Bond | 1,000,000 | 1,078,750.00 | 0.35% |
| 120. | Grifols, Inc., Senior Secured Tranche B First Lien Term Loan | 1,062,223 | 1,062,998.31 | 0.35% |
| 121. | Ineos Finance PLC, Senior Unsecured Bond | 1,000,000 | 1,060,000.00 | 0.34% |
| 122. | Sanmina-SCI Corp., Senior Unsecured Bond | 1,000,000 | 1,025,000.00 | 0.33% |
| 123. | Terex Corp., Senior Unsecured Bond | 1,000,000 | 1,010,000.00 | 0.33% |
| 124. | Academy, Ltd., Senior Secured Initial Term Loan,* | 997,500 | 1,003,659.56 | 0.33% |
| 125. | Six Flags Theme Parks, Inc., Senior Secured Tranche B First Lien Term Loan | 1,000,000 | 1,000,445.00 | 0.33% |
| 126. | Colfax Corp., Senior Secured Term B Facility Loan,* | 997,500 | 999,764.32 | 0.33% |
| 127. | Revlon Consumer Products Corp., Senior Secured Term B Loan,* | 997,494 | 998,516.16 | 0.32% |
| 128. | Revlon Consumer Products Corp., Senior Secured First Lien Term Loan | 997,487 | 998,509.86 | 0.32% |
| 129. | Grifols, Inc., Senior Secured Term Loan,* | 996,765 | 997,492.34 | 0.32% |
| 130. | Blackboard, Inc., Senior Secured Term B Loan,* | 997,500 | 994,228.20 | 0.32% |
| 131. | NXP Semiconductors, Senior Secured Term Loan,* | 1,000,000 | 993,125.00 | 0.32% |
| 132. | Asurion LLC, Senior Secured First Lien Term Add On Loan | 1,000,000 | 992,615.00 | 0.32% |
| 133. | Acosta, Inc., Senior Secured Term B Loan,* | 985,910 | 986,324.40 | 0.32% |
| 134. | Chinos Acquisition Corp. (aka J. Crew Group, Inc.), Senior Secured First Lien Term Loan | 997,487 | 981,901.70 | 0.32% |
| 135. | Del Monte Corp., Senior Secured Initial Term Loan,* | 992,500 | 980,024.27 | 0.32% |
| 136. | Advance Pierre Foods, Inc., Senior Secured First Lien Term Loan | 969,925 | 971,864.65 | 0.32% |
| 137. | Attachmate Corp., Senior Secured First Lien Term Loan | 975,000 | 970,739.25 | 0.32% |
| 138. | NRG Energy, Inc., Senior Unsecured Bond | 1,000,000 | 965,000.00 | 0.31% |
| 139. | Allen Systems Group, Inc., Senior Secured Term B Loan,* | 948,138 | 947,351.34 | 0.31% |
| 140. | Harland Clarke Holdings Corp., Senior Secured Term Tranche B Loan,* | 990,111 | 925,139.48 | 0.30% |
| 141. | NXP BV, Senior Secured First Lien Tranche B Term Loan | 888,393 | 888,117.46 | 0.29% |
| 142. | Aveta, Inc., Senior Secured First Lien Term B Loan | 872,727 | 872,509.09 | 0.28% |
| 143. | NPC International, Inc., Senior Secured First Lien Term Loan | 860,759 | 867,486.33 | 0.28% |
| 144. | Avis Budget Car Rental LLC, Senior Secured First Lien Term B Loan | 711,508 | 718,327.73 | 0.23% |
| 145. | Entercom Radio LLC, Senior Secured First Lien Term B Loan | 703,614 | 710,650.60 | 0.23% |
| 146. | Greeneden U.S. Holdings II LLC, Senior Secured First Lien Term Loan | 689,655 | 695,975.86 | 0.23% |
| 147. | Yankee Candle Co., Inc., Senior Secured First Lien Term B Loan | 690,476 | 693,569.52 | 0.23% |
| 148. | Nusil Technology LLC, Senior Secured First Lien Term Loan | 686,878 | 688,025.03 | 0.22% |
| 149. | Reynolds Group Issuer, Inc., Senior Unsecured Bond | 700,000 | 661,500.00 | 0.22% |
| 150. | AMC Entertainment, Inc., Senior Secured First Lien Term B3 Loan | 665,000 | 659,733.20 | 0.21% |
| 151. | TI Group Automotive Systems LLC, Senior Secured First Lien Term Loan | 652,174 | 655,030.43 | 0.21% |
| 152. | Lord & Taylor LLC, Senior Secured First Lien Term B Loan | 641,026 | 646,435.90 | 0.21% |
| 153. | BNY ConvergEx Group LLC, Senior Secured EZE Borrower First Lien Term Loan | 583,767 | 582,307.80 | 0.19% |
| 154. | Roundy's Supermarkets, Inc., Senior Secured Tranche B First Lien Term Loan | 559,441 | 564,162.24 | 0.18% |
| 155. | Texas Competitive Electric Holdings Co. (aka TXU), Senior Secured Extended First Lien Term B Loan | 1,000,000 | 558,125.00 | 0.18% |
| 156. | NRG Energy, Inc., Senior Unsecured Bond | 500,000 | 506,250.00 | 0.16% |
| 157. | HOA Restaurant Group LLC (aka Hooters Restaurant), Senior Secured Bond | 500,000 | 496,250.00 | 0.16% |
| 158. | National Specialty Hospitals, Inc., Senior Secured First Lien Delayed Draw Term Loan | 445,545 | 419,925.74 | 0.14% |
| 159. | Monitronics International, Inc., Senior Unsecured Bond | 250,000 | 254,375.00 | 0.08% |
| 160. | Tote Isotoner Corp., Senior Secured First Lien Delayed Draw Term Loan | 233,203 | 230,871.09 | 0.08% |
| 161. | Inmar, Inc., Senior Secured First Lien Term Loan | 223,194 | 224,031.39 | 0.07% |
| 162. | Sheridan Production Partners LP, Senior Secured First Lien Term Loan [SIP I-A] | 216,177 | 216,717.54 | 0.07% |
| 163. | U.S. Security Associates Holdings, Inc., Senior Secured First Lien Delayed Draw Term Loan | 203,750 | 204,768.75 | 0.07% |
| 164. | Sheridan Production Partners LP, Senior Secured First Lien Term Loan [SIP I-M] | 132,042 | 132,372.35 | 0.04% |
| 165. | Credit Default Swap - CDX HY CDSI SI7 5-Year* | -1,940,000 | 31,157.88 | 0.01% |
| Net Cash Equivalent & Other Assets Minus Liabilities | 2,438,695.74 | 0.79% | ||
| Total | $307,352,005.18 | 100.00% | ||
| Total Number of Holdings: 165 | ||||
*Security held as part of Fund's total return swap as of 3/31/2012.
An investment in the Fund is not appropriate for all investors and is not intended to be a complete investment program. The Fund is designed as a long-term investment and not as a trading vehicle.
Investing in the Fund involves risks, including the risk that you may receive little or no return on your investment or that you may lose part or even all of your investment. Therefore, before investing you should carefully consider the risks that you assume when you invest in the Fund's common shares.
The Fund's investment objectives and policies are not designed to seek to return the initial investment to investors that purchase shares.
Secured loan funds are a distinct segment of the fixed income market and are not an alternative to money markets or certificates of deposit.
Investors should consider the Fund's investment objectives, risks, charges and expenses carefully before investing. The prospectus contains this and other information about the fund. Please read the prospectus carefully before investing.
For a more complete information about the Fund, please read the prospectus , call your financial professional or call 1.877.299.1588.
Shares of closed-end investment companies frequently trade at a discount from their net asset value. The risk of loss due to this discount may be greater for investors expecting to sell their shares in a relatively short period. The Fund is newly organized with no operating history.
NOT FDIC INSURED | May Lose Value | No Bank Guarantee