THL Credit Senior Loan Fund Declares Monthly Distribution of $0.105 Per Share and Announces Investor Call
November 03 2016 - 5:49PM
Business Wire
THL Credit Senior Loan Fund (the “Fund”) (NYSE:TSLF)
today announced the declaration of its monthly distribution of
$0.105 per common share, payable November 30, 2016. Based on the
Fund’s current share price of $16.47 as of its close on November 3,
2016, the distribution represents an annualized yield of 7.65%.
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:
November 15, 2016
Record Date:
November 17,2016
Payable Date:
November 30,2016
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 Tuesday, December 6, 2016 at 4:00 pm ET to discuss its business
outlook. Brian Good, Managing Director and Senior Portfolio Manager
of THL Credit Advisors LLC, the Fund’s subadvisor, and Steven
Baffico, CEO of Four Wood Capital Advisors LLC, the Fund’s
investment advisor, will host the call.
The conference call can be accessed by dialing 877-845-8992,
conference ID 14295594. A replay of the live broadcast will be
available by dialing 855-859-2056, conference ID 14295594 through
January 17, 2017 at 5:00 pm ET.
The Fund will post its September 30, 2016 quarterly fact sheet
to its website at http://fwcapitaladvisors.com/tslf 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 Four Wood Capital Advisors LLC, a
wholly-owned subsidiary of Four Wood Capital Partners LLC, and
subadvised 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 objectives.
About Four Wood Capital Advisors LLC
Four Wood Capital Advisors LLC (“FWCA”) is the Fund’s investment
adviser and is registered with the U.S. Securities Exchange
Commission as an investment adviser. FWCA is a New York limited
liability company formed in June 2012 to provide investment
management and advisory services to registered investment companies
and institutional investors. FWCA is a wholly owned subsidiary of
Four Wood Capital Partners LLC.
About THL Credit Advisors LLC
THL Credit Advisors LLC (“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 or sub-advisory
relationships across its investment platform, including THL Credit,
Inc. (Nasdaq: TCRD), a publicly traded business development
company, and THL Credit Senior Loan Fund. Headquartered in Boston,
THL Credit also has investment teams in Chicago, Dallas, Los
Angeles and New York.
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 fillings 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 1.855.400.3927 or visit the Fund’s
website at http://fwcapitaladvisors.com/tslf for
additional information.
View source
version on businesswire.com: http://www.businesswire.com/news/home/20161103006869/en/
MediaFour Wood Capital Partners LLCStephanie Trell,
212.701.4500
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