THL Credit Senior Loan Fund Declares Monthly Distribution of $0.096 per Share and Announces Investor Call
August 10 2018 - 6:00AM
THL Credit Senior Loan Fund (the “Fund”) (NYSE: TSLF) today
announced the declaration of its monthly distribution of $0.096 per
common share, payable on August 31, 2018. Based on the Fund’s
current share price of $16.89 as of its close on August 9, 2018,
the distribution represents an annualized yield of 6.82%.
Information regarding the distribution rate is included for
informational purposes only and is not necessarily indicative of
future results, the achievement of which cannot be assured.
The distribution rate should not be considered the yield or total
return on an investment in the Fund.
The following dates apply to this distribution:
Ex-Dividend Date: |
|
August 17, 2018 |
Record Date: |
|
August 20, 2018 |
Payable Date: |
|
August 31, 2018 |
A portion of each distribution may be treated as paid from
sources other than undistributed net investment income, including
but not limited to short-term capital gain, long-term capital gain
or return of capital. As required by Section 19(a) of the
Investment Company Act of 1940, a notice will be distributed to the
Fund’s stockholders in the event that a portion of a monthly
distribution is derived from sources other than undistributed net
investment income. In January or February of each year,
investors will be sent a Form 1099-DIV for the previous calendar
year that will define how to report these distributions for federal
income tax purposes.
The Fund today also announced that it will hold an investor call
on Thursday, September 6, 2018, at 4:15 pm ET to discuss its
business outlook. Robert Hickey, Managing Director and Senior
Portfolio Manager of THL Credit Advisors LLC, will host the
call.
The conference call can be accessed by dialing 866-919-6099,
conference ID 2775924. A replay of the live broadcast will be
available by dialing 855-859-2056, conference ID 2775924 through
September 20, 2018 at 5:00 pm ET.
The Fund will post its June 30, 2018 quarterly fact and its June
30, 2018 Semi-Annual report to its website at
http://thlcredittslf.com prior to the call.
The investment return, price, yields, market value and net asset
value (NAV) of the Fund’s shares will fluctuate with market
conditions, and it is possible to lose money by investing in the
Fund. Closed-end funds frequently trade at a discount to NAV,
which may increase the investor’s risk of loss. There is no
assurance that the Fund will meet its investment objective.
Investment return and principal value will fluctuate. Past
performance is not a guarantee of future results.
THL Credit Senior Loan Fund
The Fund is a non-diversified, closed-end management investment
company that is advised by THL Credit Advisors LLC. The
Fund’s investment objective is to provide current income and
preservation of capital primarily through investments in U.S.
dollar denominated senior secured corporate loans and notes (“Bank
Loans”). There can be no assurance that the Fund will achieve
its investment objective.
About THL Credit
THL Credit is an alternative credit investment manager for both
broadly syndicated investments and direct lending through public
and private vehicles collateralized loan obligations, separately
managed accounts and co-mingled funds. THL Credit maintains a
variety of advisory and sub-advisory relationships across its
investment platforms, including THL Credit, Inc. (Nasdaq: TCRD), a
publicly traded business development company, and THL Credit Senior
Loan Fund (NYSE: TSLF), a non-diversified closed-end management
investment company.
Forward-Looking Statements
Statements included herein may constitute “forward-looking
statements”, which relate to future events or our future
performance or financial condition. These statements are not
guarantees of future performance, condition or results and involve
a number of risks and uncertainties. Actual results may
differ materially from those in the forward-looking statements as a
result of a number of factors, including those described from time
to time in our filings with the Securities and Exchange Commission
(“SEC”). THL Credit Senior Loan Fund undertakes no duty to
update any forward-looking statements made herein.
Contact the Fund at 1.844.409.6354 or visit the Fund’s
website at http://thlcredittslf.com for additional
information.
Contact: Andrew Park THL Credit Advisors LLC
212.829.3126
THL Credit Senior Loan (NYSE:TSLF)
Historical Stock Chart
From Jun 2024 to Jul 2024
THL Credit Senior Loan (NYSE:TSLF)
Historical Stock Chart
From Jul 2023 to Jul 2024