THL Credit Senior Loan Fund Declares Monthly Distribution of $0.096 Per Share
November 06 2018 - 5:30PM
THL Credit Senior Loan Fund (the “Fund”) (
NYSE:
TSLF) today announced the declaration of its monthly distribution
of $0.096 per common share, payable November 30, 2018. Based
on the Fund’s share price of $16.03 as of its close on November 6,
2018, the distribution represents an annualized yield of
7.19%. 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: |
|
|
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November 16, 2018 |
Record Date: |
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|
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November 19, 2018 |
Payable Date: |
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November 30, 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 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.
About 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.
"Managed Assets" of the Fund means the total assets of the Fund
(including any assets attributable to borrowings for investment
purposes) minus the sum of the Fund's accrued liabilities (other
than liabilities representing borrowings for investment
purposes). Borrowings for investment purposes include any
form or combination of financial leverage instruments, such as
borrowings from banks or other financial institutions (i.e., a
credit facility), margin facilities, the issuance of preferred
shares or notes and leverage attributable to reverse repurchase
agreements, dollar rolls or similar transactions.
About THL Credit
THL Credit is an alternative credit investment manager for both
direct lending and broadly syndicated investments 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. 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 212.829.3126
THL Credit Senior Loan (NYSE:TSLF)
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