THL Credit Senior Loan Fund Declares Monthly Distribution of $0.101 Per Share
18 Avril 2020 - 1:16AM
THL Credit Senior Loan Fund (the “Fund”) (
NYSE:
TSLF) today announced the declaration of its monthly distribution
of $0.101 per common share, payable on May 4, 2020. Based on
the Fund’s share price of $12.09 as of its close on April 17, 2020,
the distribution represents an annualized yield of 10.02%.
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: |
|
April 24,
2020 |
Record Date: |
|
April 27, 2020 |
Payable Date: |
|
May 4, 2020 |
A portion of the 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 shareholders in the event that a portion of the 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 the Fund's 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. 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 diversified, closed-end management
investment company that is advised by First Eagle Alternative
Credit, 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. There can be no assurance that the Fund will
achieve its investment objective.
About First Eagle Alternative Credit,
LLC
First Eagle Alternative 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. First Eagle Alternative Credit maintains a
variety of advisory and sub-advisory relationships across its
investment platforms. First Eagle Alternative Credit is a
wholly-owned subsidiary of First Eagle Investment Management,
LLC.
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 First Eagle Alternative Credit, LLC 212.829.3126
THL Credit Senior Loan (NYSE:TSLF)
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