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424B5
DoubleLine Opportunistic Credit Fund
The Fund, as its investment objective, seeks a high total investment return by providing a high level of current income and the potential for capital appreciation.
The following table is intended to assist investors in understanding the fees and expenses (annualized) that an investor in Common Shares of the Fund would bear, directly or indirectly, as a result of an offering. The table reflects the use of leverage in the form of borrowings (e.g., loans, lines of credit) in an amount equal to 6.53% of the Fund’s total managed assets and 6.99% of the Fund’s total net assets (with respect to each percentage, including the amounts of leverage obtained through the use of such instruments and/or borrowings), and shows Fund expenses as a percentage of net assets attributable to Common Shares. The percentage above does not reflect the Fund’s use of other forms of economic leverage, such as credit default swaps or other derivative instruments. The table and the example are based on the Fund’s capital structure as of August 31, 2026. The extent of the Fund’s assets attributable to leverage following an offering, and the Fund’s associated expenses, are likely to vary (perhaps significantly) from these assumptions.
<table cellpadding="0" cellspacing="0" style="text-align:start; BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:11pt;width:100%;border-spacing:0;margin:0 auto">
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<td style="width:51%"></td>
<td style="vertical-align:bottom;width:1%"></td>
<td style="width:48%"></td></tr>
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<td style="vertical-align:top"><div style="font-size: 4pt; margin-top: 0px; margin-bottom: 0px; line-height: normal;"> </div><div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 1em; text-indent: -1em; font-size: 11pt; font-family: "Times New Roman"; font-weight: bold; line-height: normal;">Shareholder Transaction Expenses</div><div style="font-size: 4pt; margin-top: 0px; margin-bottom: 1pt; line-height: normal;"> </div></td>
<td style="vertical-align:bottom"> </td>
<td style="vertical-align:bottom;white-space:nowrap"><div style="font-size: 4pt; margin-top: 0px; margin-bottom: 0px; line-height: normal;"> </div><div style="margin-top: 0pt; margin-bottom: 0pt; font-size: 11pt; font-family: "Times New Roman"; font-weight: bold; text-align: center; line-height: normal;">Percentage of Offering Price</div><div style="font-size: 4pt; margin-top: 0px; margin-bottom: 1pt; text-align: left; line-height: normal;"> </div></td></tr>
<tr style="page-break-inside:avoid ; font-family:Times New Roman; font-size:11pt">
<td style="vertical-align:top"><div style="font-size: 4pt; margin-top: 0px; margin-bottom: 0px; line-height: normal;"> </div><div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 3em; text-indent: -1em; font-size: 11pt; font-family: "Times New Roman"; line-height: normal;">Sales Load Paid by Investors<span style="font-size:75%; vertical-align:top;display:inline;font-size:9.1px">(1)</span></div><div style="font-size: 4pt; margin-top: 0px; margin-bottom: 1pt; line-height: normal;"> </div></td>
<td style="vertical-align:bottom"> </td>
<td style="vertical-align:bottom;white-space:nowrap"><div style="font-size: 4pt; margin-top: 0px; margin-bottom: 0px; line-height: normal;"> </div><div style="margin-top: 0pt; margin-bottom: 0pt; font-size: 11pt; font-family: "Times New Roman"; text-align: center; line-height: normal;">1.00%</div><div style="font-size: 4pt; margin-top: 0px; margin-bottom: 1pt; text-align: left; line-height: normal;"> </div></td></tr>
<tr style="page-break-inside:avoid ; font-family:Times New Roman; font-size:11pt;background-color:#cdeafa">
<td style="vertical-align:top"><div style="font-size: 4pt; margin-top: 0px; margin-bottom: 0px; line-height: normal;"> </div><div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 3em; text-indent: -1em; font-size: 11pt; font-family: "Times New Roman"; line-height: normal;">Offering Expenses Borne by the Fund<span style="font-size:75%; vertical-align:top;display:inline;font-size:9.1px">(2)</span></div><div style="font-size: 4pt; margin-top: 0px; margin-bottom: 1pt; line-height: normal;"> </div></td>
<td style="vertical-align:bottom"> </td>
<td style="vertical-align:bottom;white-space:nowrap"><div style="font-size: 4pt; margin-top: 0px; margin-bottom: 0px; line-height: normal;"> </div><div style="margin-top: 0pt; margin-bottom: 0pt; font-size: 11pt; font-family: "Times New Roman"; text-align: center; line-height: normal;">0.08%</div><div style="font-size: 4pt; margin-top: 0px; margin-bottom: 1pt; text-align: left; line-height: normal;"> </div></td></tr>
<tr style="page-break-inside:avoid ; font-family:Times New Roman; font-size:11pt">
<td style="vertical-align:top"><div style="font-size: 4pt; margin-top: 0px; margin-bottom: 0px; line-height: normal;"> </div><div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 3em; text-indent: -1em; font-size: 11pt; font-family: "Times New Roman"; line-height: normal;">Dividend Reinvestment Plan Fees<span style="font-size:75%; vertical-align:top;display:inline;font-size:9.1px">(3)</span></div><div style="font-size: 4pt; margin-top: 0px; margin-bottom: 1pt; line-height: normal;"> </div></td>
<td style="vertical-align:bottom"> </td>
<td style="vertical-align:bottom;white-space:nowrap"><div style="font-size: 4pt; margin-top: 0px; margin-bottom: 0px; line-height: normal;"> </div><div style="margin-top: 0pt; margin-bottom: 0pt; font-size: 11pt; font-family: "Times New Roman"; text-align: center; line-height: normal;">None</div><div style="font-size: 4pt; margin-top: 0px; margin-bottom: 1pt; text-align: left; line-height: normal;"> </div></td></tr></table> <div style="font-family: Times New Roman; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt;text-indent: 0px;"><div style="letter-spacing: 0px; top: 0px;display:inline;"><div style="font-family: "Times New Roman"; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">(1) Represents the maximum commission with respect to the Common Shares being sold in this offering that the Fund may pay to the Distributor in connection with sales of Common Shares effected by the Sales Agents in this offering. There is no guarantee that there will be any sales of Common Shares pursuant to this Prospectus Supplement and the accompanying Prospectus. Actual sales of Common Shares under this Prospectus Supplement and the accompanying Prospectus, if any, may be less than as set forth in this table. In addition, the price per share of any such sale may be greater or less than the price set forth in this table, depending on the market price of the Common Shares at the time of any such sale. </div></div></div> <div style="font-family: Times New Roman; font-size: 8pt; margin-top: 6pt; margin-bottom: 0pt;text-indent: 0px;"><div style="letter-spacing: 0px; top: 0px;display:inline;"><div style="font-family: "Times New Roman"; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">(2) Represents the estimated offering expenses as a percentage of the Common Share offering price at the NYSE close on August 31, 2026. </div></div></div> <div style="font-family: Times New Roman; font-size: 8pt; margin-top: 6pt; margin-bottom: 0pt;text-indent: 0px;"><div style="letter-spacing: 0px; top: 0px;display:inline;"><div style="font-family: "Times New Roman"; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">(3) You will pay brokerage charges if you direct your broker or the plan agent to sell your Common Shares that you acquired pursuant to a dividend reinvestment plan. You will also bear a pro rata share of brokerage commissions incurred in connection with open-market purchases pursuant to the Fund’s Dividend Reinvestment Plan. See “Dividend Reinvestment Plan” in the accompanying Prospectus. </div></div></div>
0.01
0.0008
0
<table style="text-align:start; BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:11pt;width:100%;border-spacing:0;margin:0 auto">
<tr style="page-break-inside:avoid ; font-family:Times New Roman; font-size:11pt;background-color:#cdeafa">
<td style="vertical-align:top"><div style="font-size: 4pt; margin-top: 0px; margin-bottom: 0px; line-height: normal;"> </div><div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 1em; text-indent: -1em; font-size: 11pt; font-family: "Times New Roman"; font-weight: bold; line-height: normal;">Annual Expenses</div><div style="font-size: 4pt; margin-top: 0px; margin-bottom: 1pt; line-height: normal;"> </div></td>
<td style="vertical-align:bottom"> </td>
<td style="vertical-align:bottom;white-space:nowrap"><div style="font-size: 4pt; margin-top: 0px; margin-bottom: 0px; line-height: normal;"> </div><div style="margin-top: 0pt; margin-bottom: 0pt; font-size: 11pt; font-family: "Times New Roman"; font-weight: bold; text-align: center; line-height: normal;">Percentage of Net Assets Attributable<br/> to Common Shares</div><div style="font-size: 4pt; margin-top: 0px; margin-bottom: 1pt; text-align: left; line-height: normal;"> </div></td></tr>
<tr style="page-break-inside:avoid ; font-family:Times New Roman; font-size:11pt">
<td style="vertical-align:top"><div style="font-size: 4pt; margin-top: 0px; margin-bottom: 0px; line-height: normal;"> </div><div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 3em; text-indent: -1em; font-size: 11pt; font-family: "Times New Roman"; line-height: normal;">Management Fees<span style="font-size:75%; vertical-align:top;display:inline;font-size:9.1px">(4)</span></div><div style="font-size: 4pt; margin-top: 0px; margin-bottom: 1pt; line-height: normal;"> </div></td>
<td style="vertical-align:bottom"> </td>
<td style="vertical-align:bottom;white-space:nowrap"><div style="font-size: 4pt; margin-top: 0px; margin-bottom: 0px; line-height: normal;"> </div><div style="margin-top: 0pt; margin-bottom: 0pt; font-size: 11pt; font-family: "Times New Roman"; text-align: center; line-height: normal;">1.08%</div><div style="font-size: 4pt; margin-top: 0px; margin-bottom: 1pt; text-align: left; line-height: normal;"> </div></td></tr>
<tr style="page-break-inside:avoid ; font-family:Times New Roman; font-size:11pt">
<td style="vertical-align:top"><div style="font-size: 4pt; margin-top: 0px; margin-bottom: 0px; line-height: normal;"> </div><div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 3em; text-indent: -1em; font-size: 11pt; font-family: "Times New Roman"; line-height: normal;">Interest Expense on Borrowed Funds<span style="font-size:75%; vertical-align:top;display:inline;font-size:9.1px">(5)</span></div><div style="font-size: 4pt; margin-top: 0px; margin-bottom: 1pt; line-height: normal;"> </div></td>
<td style="vertical-align:bottom"> </td>
<td style="vertical-align:bottom;white-space:nowrap"><div style="font-size: 4pt; margin-top: 0px; margin-bottom: 0px; line-height: normal;"> </div><div style="margin-top: 0pt; margin-bottom: 0pt; font-size: 11pt; font-family: "Times New Roman"; text-align: center; line-height: normal;">0.42%</div><div style="font-size: 4pt; margin-top: 0px; margin-bottom: 1pt; text-align: left; line-height: normal;"> </div></td></tr>
<tr style="page-break-inside:avoid ; font-family:Times New Roman; font-size:11pt;background-color:#cdeafa">
<td style="vertical-align:top"><div style="font-size: 4pt; margin-top: 0px; margin-bottom: 0px; line-height: normal;"> </div><div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 3em; text-indent: -1em; font-size: 11pt; font-family: "Times New Roman"; line-height: normal;">Other Expenses<span style="font-size:75%; vertical-align:top;display:inline;font-size:9.1px">(6)</span></div><div style="font-size: 4pt; margin-top: 0px; margin-bottom: 1pt; line-height: normal;"> </div></td>
<td style="vertical-align:bottom"> </td>
<td style="vertical-align:bottom;white-space:nowrap"><div style="font-size: 4pt; margin-top: 0px; margin-bottom: 0px; line-height: normal;"> </div><div style="margin-top: 0pt; margin-bottom: 0pt; font-size: 11pt; font-family: "Times New Roman"; text-align: center; line-height: normal;">0.23%</div><div style="font-size: 4pt; margin-top: 0px; margin-bottom: 1pt; text-align: left; line-height: normal;"> </div></td></tr>
<tr style="page-break-inside:avoid ; font-family:Times New Roman; font-size:11pt">
<td style="vertical-align:top"><div style="font-size: 4pt; margin-top: 0px; margin-bottom: 0px; line-height: normal;"> </div><div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 3em; text-indent: -1em; font-size: 11pt; font-family: "Times New Roman"; line-height: normal;">Total Annual Expenses</div><div style="font-size: 4pt; margin-top: 0px; margin-bottom: 1pt; line-height: normal;"> </div></td>
<td style="vertical-align:bottom"> </td>
<td style="vertical-align:bottom;white-space:nowrap"><div style="font-size: 4pt; margin-top: 0px; margin-bottom: 0px; line-height: normal;"> </div><div style="margin-top: 0pt; margin-bottom: 0pt; font-size: 11pt; font-family: "Times New Roman"; text-align: center; line-height: normal;">1.73%</div><div style="font-size: 4pt; margin-top: 0px; margin-bottom: 1pt; text-align: left; line-height: normal;"> </div></td></tr></table> <div style="margin-top: 6pt; margin-bottom: 0pt; font-size: 8pt; font-family: "Times New Roman";">(4) The Fund pays the Adviser a monthly management fee for its investment management services in an amount equal to 1.00% of the Fund’s average daily total managed assets. In accordance with the requirements of the Commission, the table above shows the Fund’s management fee as a percentage of average net assets, which reflects the Fund’s use of leverage. </div> <div style="margin-top: 6pt; margin-bottom: 0pt; font-size: 8pt; font-family: "Times New Roman";">(5) Assumes the use of leverage in the form of borrowings representing 6.53% of the Fund’s total managed assets (including the amounts of leverage obtained through the use of such borrowings). See “Leverage — Effects of Leverage” and “Leverage — Credit Facility” in the accompanying Prospectus. </div> <div style="margin-top: 6pt; margin-bottom: 0pt; font-size: 8pt; font-family: "Times New Roman";">(6) Other expenses are estimated for the Fund’s fiscal year ended September 30, 2026. </div>
0.0108
0.0042
0.0023
0.0173
The Fund pays the Adviser a monthly management fee for its investment management services in an amount equal to 1.00% of the Fund’s average daily total managed assets. In accordance with the requirements of the Commission, the table above shows the Fund’s management fee as a percentage of average net assets, which reflects the Fund’s use of leverage.
Other expenses are estimated for the Fund’s fiscal year ended September 30, 2026.
<div style="margin-top:0pt; margin-bottom:0pt; font-size:11pt; font-family:Times New Roman;font-weight:bold">EXAMPLE </div> <div style="margin-top:12pt; margin-bottom:0pt; font-size:11pt; font-family:Times New Roman;text-align:justify">As required by relevant SEC regulations, the following example illustrates the expenses that you would pay on a $1,000 investment in Common Shares (including an assumed total sales load or commission of 1.00% and the other estimated costs of this offering to be borne by holders of Common Shares of 0.08%), assuming (a) the Fund’s net assets do not increase or decrease, (b) the Fund’s total annual expenses are 1.73% of net assets attributable to Common Shares in years 1 through 10 (assuming the Fund obtains leverage through borrowings in an amount equal to 6.53 % of the Fund’s total managed assets) and (c) a 5% annual return<span style="font-size:75%; vertical-align:top;display:inline;font-size:9.1px">(1)</span>: </div> <div style="font-size: 12pt; margin-top: 0px; margin-bottom: 0px;"> </div>
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<td style="width:36%"></td>
<td style="vertical-align:bottom;width:1%"></td>
<td style="width:15%"></td>
<td style="vertical-align:bottom;width:1%"></td>
<td style="width:15%"></td>
<td style="vertical-align:bottom;width:1%"></td>
<td style="width:15%"></td>
<td style="vertical-align:bottom;width:1%"></td>
<td style="width:15%"></td></tr>
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<td style="vertical-align: bottom; padding-bottom: 0.5pt;"> </td>
<td style="vertical-align: bottom; padding-bottom: 0.5pt;"> </td>
<td style="vertical-align: bottom; text-align: center; border-bottom: 1pt solid rgb(0, 0, 0);"><div style="margin-top: 0pt; margin-bottom: 1pt; font-size: 11pt; font-family: "Times New Roman"; font-weight: bold; text-align: center; line-height: normal;">1 Year</div></td>
<td style="vertical-align: bottom; padding-bottom: 0.5pt;"> </td>
<td style="vertical-align: bottom; text-align: center; border-bottom: 1pt solid rgb(0, 0, 0);"><div style="margin-top: 0pt; margin-bottom: 1pt; font-size: 11pt; font-family: "Times New Roman"; font-weight: bold; text-align: center; line-height: normal;">3 Years</div></td>
<td style="vertical-align: bottom; padding-bottom: 0.5pt;"> </td>
<td style="vertical-align: bottom; text-align: center; border-bottom: 1pt solid rgb(0, 0, 0);"><div style="margin-top: 0pt; margin-bottom: 1pt; font-size: 11pt; font-family: "Times New Roman"; font-weight: bold; text-align: center; line-height: normal;">5 Years</div></td>
<td style="vertical-align: bottom; padding-bottom: 0.5pt;"> </td>
<td style="vertical-align: bottom; text-align: center; border-bottom: 1pt solid rgb(0, 0, 0);"><div style="margin-top: 0pt; margin-bottom: 1pt; font-size: 11pt; font-family: "Times New Roman"; font-weight: bold; text-align: center; line-height: normal;">10 Years</div></td></tr>
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<td style="vertical-align:top"><div style="font-size: 4pt; margin-top: 0px; margin-bottom: 0px; line-height: normal;"> </div><div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 1em; text-indent: -1em; font-size: 11pt; font-family: "Times New Roman"; line-height: normal;">Total Expenses Incurred</div><div style="font-size: 4pt; margin-top: 0px; margin-bottom: 1pt; line-height: normal;"> </div></td>
<td style="vertical-align:bottom"> </td>
<td style="vertical-align:bottom;white-space:nowrap"><div style="font-size: 4pt; margin-top: 0px; margin-bottom: 0px; line-height: normal;"> </div><div style="margin-top: 0pt; margin-bottom: 0pt; font-size: 11pt; font-family: "Times New Roman"; text-align: center; line-height: normal;">$27</div><div style="font-size: 4pt; margin-top: 0px; margin-bottom: 1pt; text-align: left; line-height: normal;"> </div></td>
<td style="vertical-align:bottom"> </td>
<td style="vertical-align:bottom;white-space:nowrap"><div style="font-size: 4pt; margin-top: 0px; margin-bottom: 0px; line-height: normal;"> </div><div style="margin-top: 0pt; margin-bottom: 0pt; font-size: 11pt; font-family: "Times New Roman"; text-align: center; line-height: normal;">$64</div><div style="font-size: 4pt; margin-top: 0px; margin-bottom: 1pt; text-align: left; line-height: normal;"> </div></td>
<td style="vertical-align:bottom"> </td>
<td style="vertical-align:bottom;white-space:nowrap"><div style="font-size: 4pt; margin-top: 0px; margin-bottom: 0px; line-height: normal;"> </div><div style="margin-top: 0pt; margin-bottom: 0pt; font-size: 11pt; font-family: "Times New Roman"; text-align: center; line-height: normal;">$103</div><div style="font-size: 4pt; margin-top: 0px; margin-bottom: 1pt; text-align: left; line-height: normal;"> </div></td>
<td style="vertical-align:bottom"> </td>
<td style="vertical-align:bottom;white-space:nowrap"><div style="font-size: 4pt; margin-top: 0px; margin-bottom: 0px; line-height: normal;"> </div><div style="margin-top: 0pt; margin-bottom: 0pt; font-size: 11pt; font-family: "Times New Roman"; text-align: center; line-height: normal;">$212</div><div style="font-size: 4pt; margin-top: 0px; margin-bottom: 1pt; text-align: left; line-height: normal;"> </div></td></tr></table> <div style="margin-top:12pt; margin-bottom:0pt; font-size:8pt; font-family:Times New Roman">(1) <span style="letter-spacing: 0px; top: 0px;display:inline;"><span style="font-weight:bolder;display:inline;">The example above should not be considered a representation of future expenses. Actual expenses may be higher or lower than those shown.</span></span> The example assumes that the estimated interest expense on borrowed funds and “Other expenses” set forth in the Annual Expenses table are accurate, that the rates listed under “Total Annual Expenses” remain the same each year and that all dividends and distributions are reinvested at NAV. Actual expenses may be greater or less than those assumed. Moreover, the Fund’s actual rate of return may be greater or less than the hypothetical 5% annual return shown in the example. </div>
27
64
103
212
<div id="supp28231_5" style="text-align: center; font-family: Times New Roman; font-size: 11pt; font-weight: bold; margin-top: 12pt; margin-bottom: 0pt;"><span style="letter-spacing: 0px; top: 0px;display:inline;"><span style="font-family: "Times New Roman"; font-size: 11pt; letter-spacing: 0px; top: 0px;display:inline;">Market and Net Asset Value </span></span></div> <div style="text-align: justify; font-family: Times New Roman; font-size: 11pt; margin-top: 6pt; margin-bottom: 0pt;"><span style="letter-spacing: 0px; top: 0px;display:inline;"><span style="font-family: "Times New Roman"; font-size: 11pt; letter-spacing: 0px; top: 0px;display:inline;">The Common Shares have traded both at a premium and a discount to NAV. The following table sets forth, for each of the periods indicated, the high and low closing market prices of the Common Shares on the NYSE and the corresponding NAV and premium/discount to NAV on the days when the </span></span></div> <div style="font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt;"><span style="letter-spacing: 0px; top: 0px;display:inline;"><span style="font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"> </span></span></div> <div style="text-align: center; font-family: Times New Roman; font-size: 11pt; margin-top: 0pt; margin-bottom: 0pt;"><span style="letter-spacing: 0px; top: 0px;display:inline;"><span style="font-family: "Times New Roman"; font-size: 11pt; letter-spacing: 0px; top: 0px;display:inline;"> </span></span></div>
<div style="text-align: justify; font-family: Times New Roman; font-size: 11pt; margin-top: 0pt; margin-bottom: 0pt;text-indent: 0px;"><div style="letter-spacing: 0px; top: 0px;display:inline;"><div style="font-family: "Times New Roman"; font-size: 11pt; letter-spacing: 0px; top: 0px;display:inline;">Common Shares experienced such high and low closing market prices. See “Market and Net Asset Value” in the accompanying Prospectus for information as to how the Fund’s net asset value is determined. </div></div></div><div style="letter-spacing: 0px; top: 0px;display:inline;"><div style="font-size: 12pt; letter-spacing: 0px; top: 0px;display:inline;"></div></div> <div style="font-size: 12pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="letter-spacing: 0px; top: 0px;display:inline;"><div style="font-size: 12pt; letter-spacing: 0px; top: 0px;display:inline;"> </div></div></div>
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<td style="width: 5%; vertical-align: bottom;"><div style="letter-spacing: 0px; top: 0px;display:inline;"></div></td>
<td><div style="letter-spacing: 0px; top: 0px;display:inline;"></div></td>
<td style="width: 5%; vertical-align: bottom;"><div style="letter-spacing: 0px; top: 0px;display:inline;"></div></td>
<td><div style="letter-spacing: 0px; top: 0px;display:inline;"></div></td>
<td style="width: 5%; vertical-align: bottom;"><div style="letter-spacing: 0px; top: 0px;display:inline;"></div></td>
<td><div style="letter-spacing: 0px; top: 0px;display:inline;"></div></td>
<td style="width: 5%; vertical-align: bottom;"><div style="letter-spacing: 0px; top: 0px;display:inline;"></div></td>
<td><div style="letter-spacing: 0px; top: 0px;display:inline;"></div></td>
<td style="width: 5%; vertical-align: bottom;"><div style="letter-spacing: 0px; top: 0px;display:inline;"></div></td>
<td><div style="letter-spacing: 0px; top: 0px;display:inline;"></div></td>
<td><div style="letter-spacing: 0px; top: 0px;display:inline;"></div></td>
<td><div style="letter-spacing: 0px; top: 0px;display:inline;"></div></td>
<td style="width: 5%; vertical-align: bottom;"><div style="letter-spacing: 0px; top: 0px;display:inline;"></div></td>
<td><div style="letter-spacing: 0px; top: 0px;display:inline;"></div></td>
<td><div style="letter-spacing: 0px; top: 0px;display:inline;"></div></td>
<td><div style="letter-spacing: 0px; top: 0px;display:inline;"></div></td></tr>
<tr style="font-family: Times New Roman; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: bottom; white-space: nowrap;"><div style="letter-spacing: 0px; top: 0px;display:inline;"><div style="letter-spacing: 0px; top: 0px;display:inline;"><div style="font-weight:bolder;display:inline;">Quarter</div></div></div></td>
<td style="vertical-align: bottom;"><div style="letter-spacing: 0px; top: 0px;display:inline;"> </div></td>
<td colspan="3" style="text-align: center; vertical-align: bottom; white-space: nowrap;"><div style="text-align: center; font-family: "Times New Roman"; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="letter-spacing: 0px; top: 0px;display:inline;"><div style="font-family: "Times New Roman"; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Common Share</div></div></div><div style="text-align: center; font-family: "Times New Roman"; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 1pt; line-height: normal;"><div style="letter-spacing: 0px; top: 0px;display:inline;"><div style="font-family: "Times New Roman"; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Market Price</div></div></div></td>
<td style="vertical-align: bottom;"><div style="letter-spacing: 0px; top: 0px;display:inline;"> </div></td>
<td colspan="3" style="text-align: center; vertical-align: bottom; white-space: nowrap;"><div style="text-align: center; font-family: "Times New Roman"; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="letter-spacing: 0px; top: 0px;display:inline;"><div style="font-family: "Times New Roman"; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Common Share</div></div></div><div style="text-align: center; font-family: "Times New Roman"; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 1pt; line-height: normal;"><div style="letter-spacing: 0px; top: 0px;display:inline;"><div style="font-family: "Times New Roman"; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Net Asset Value</div></div></div></td>
<td style="vertical-align: bottom;"><div style="letter-spacing: 0px; top: 0px;display:inline;"> </div></td>
<td colspan="6" style="text-align: center; vertical-align: bottom; white-space: nowrap;"><div style="text-align: center; font-family: "Times New Roman"; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="letter-spacing: 0px; top: 0px;display:inline;"><div style="font-family: "Times New Roman"; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Premium (Discount)</div></div></div><div style="text-align: center; font-family: "Times New Roman"; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 1pt; line-height: normal;"><div style="letter-spacing: 0px; top: 0px;display:inline;"><div style="font-family: "Times New Roman"; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"> as a % of Net Asset Value </div></div></div></td>
<td style="vertical-align: bottom;"><div style="letter-spacing: 0px; top: 0px;display:inline;"> </div></td></tr>
<tr style="font-family: Times New Roman; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: bottom; white-space: nowrap;"><div style="letter-spacing: 0px; top: 0px;display:inline;"><div style="letter-spacing: 0px; top: 0px;display:inline;"><div style="font-weight:bolder;display:inline;">Date</div></div></div></td>
<td style="vertical-align: bottom;"><div style="letter-spacing: 0px; top: 0px;display:inline;"> </div></td>
<td style="text-align: center; vertical-align: bottom; white-space: nowrap;"><div style="letter-spacing: 0px; top: 0px;display:inline;"><div style="letter-spacing: 0px; top: 0px;display:inline;"><div style="font-weight:bolder;display:inline;">High </div></div></div></td>
<td style="vertical-align: bottom;"><div style="letter-spacing: 0px; top: 0px;display:inline;"> </div></td>
<td style="vertical-align: bottom; white-space: nowrap;"><div style="letter-spacing: 0px; top: 0px;display:inline;"><div style="letter-spacing: 0px; top: 0px;display:inline;"><div style="font-weight:bolder;display:inline;">Low</div></div></div></td>
<td style="vertical-align: bottom;"><div style="letter-spacing: 0px; top: 0px;display:inline;"> </div></td>
<td style="text-align: center; vertical-align: bottom; white-space: nowrap;"><div style="letter-spacing: 0px; top: 0px;display:inline;"><div style="letter-spacing: 0px; top: 0px;display:inline;"><div style="font-weight:bolder;display:inline;">High </div></div></div></td>
<td style="vertical-align: bottom;"><div style="letter-spacing: 0px; top: 0px;display:inline;"> </div></td>
<td style="vertical-align: bottom; white-space: nowrap;"><div style="letter-spacing: 0px; top: 0px;display:inline;"><div style="letter-spacing: 0px; top: 0px;display:inline;"><div style="font-weight:bolder;display:inline;">Low</div></div></div></td>
<td style="vertical-align: bottom;"><div style="letter-spacing: 0px; top: 0px;display:inline;"> </div></td>
<td colspan="2" style="text-align: right; vertical-align: bottom; white-space: nowrap;"><div style="letter-spacing: 0px; top: 0px;display:inline;"><div style="letter-spacing: 0px; top: 0px;display:inline;"><div style="font-weight:bolder;display:inline;">High </div></div></div></td>
<td style="vertical-align: bottom;"><div style="letter-spacing: 0px; top: 0px;display:inline;"> </div></td>
<td style="vertical-align: bottom;"><div style="letter-spacing: 0px; top: 0px;display:inline;"> </div></td>
<td colspan="2" style="text-align: right; vertical-align: bottom; white-space: nowrap;"><div style="letter-spacing: 0px; top: 0px;display:inline;"><div style="letter-spacing: 0px; top: 0px;display:inline;"><div style="font-weight:bolder;display:inline;">Low </div></div></div></td>
<td style="vertical-align: bottom;"><div style="letter-spacing: 0px; top: 0px;display:inline;"> </div></td></tr>
<tr style="page-break-inside:avoid ; font-family:Times New Roman; font-size:8pt;background-color:#cceeff">
<td style="vertical-align: top;"><div style="text-indent: -1em; font-family: "Times New Roman"; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 1em; line-height: normal;">July 1, 2026 through August 31, 2026</div></td>
<td style="vertical-align:bottom"> </td>
<td style="vertical-align:bottom;white-space:nowrap">$14.33</td>
<td style="vertical-align:bottom"> </td>
<td style="vertical-align:bottom;white-space:nowrap">$13.98</td>
<td style="vertical-align:bottom"> </td>
<td style="vertical-align:bottom;white-space:nowrap">$14.69</td>
<td style="vertical-align:bottom"> </td>
<td style="vertical-align:bottom;white-space:nowrap">$14.58</td>
<td style="vertical-align:bottom"> </td>
<td style="white-space:nowrap;vertical-align:bottom"> </td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right"><div style="letter-spacing: 0px; top: 0px;display:inline;">(2.45</div>)%</td>
<td style="white-space: nowrap; vertical-align: bottom; padding: 0px;"> </td>
<td style="vertical-align:bottom"> </td>
<td style="white-space:nowrap;vertical-align:bottom"> </td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right"><div style="letter-spacing: 0px; top: 0px;display:inline;">(4.12</div>)%</td>
<td style="white-space: nowrap; vertical-align: bottom; padding: 0px;"> </td></tr>
<tr style="page-break-inside:avoid ; font-family:Times New Roman; font-size:8pt">
<td style="vertical-align:top"><div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 1em; text-indent: -1em; font-size: 8pt; font-family: "Times New Roman"; line-height: normal;">June 30, 2026</div></td>
<td style="vertical-align:bottom"> </td>
<td style="vertical-align:bottom;white-space:nowrap">$14.64</td>
<td style="vertical-align:bottom"> </td>
<td style="vertical-align:bottom;white-space:nowrap">$14.17</td>
<td style="vertical-align:bottom"> </td>
<td style="vertical-align:bottom;white-space:nowrap">$14.76</td>
<td style="vertical-align:bottom"> </td>
<td style="vertical-align:bottom;white-space:nowrap">$14.61</td>
<td style="vertical-align:bottom"> </td>
<td style="white-space:nowrap;vertical-align:bottom"> </td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">(0.81)%</td>
<td style="white-space: nowrap; vertical-align: bottom; padding: 0px;"> </td>
<td style="vertical-align:bottom"> </td>
<td style="white-space:nowrap;vertical-align:bottom"> </td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">(3.01)%</td>
<td style="white-space: nowrap; vertical-align: bottom; padding: 0px;"> </td></tr>
<tr style="page-break-inside:avoid ; font-family:Times New Roman; font-size:8pt;background-color:#cceeff">
<td style="vertical-align:top"><div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 1em; text-indent: -1em; font-size: 8pt; font-family: "Times New Roman"; line-height: normal;">March 31, 2026</div></td>
<td style="vertical-align:bottom"> </td>
<td style="vertical-align:bottom;white-space:nowrap">$15.34</td>
<td style="vertical-align:bottom"> </td>
<td style="vertical-align:bottom;white-space:nowrap">$14.20</td>
<td style="vertical-align:bottom"> </td>
<td style="vertical-align:bottom;white-space:nowrap">$15.12</td>
<td style="vertical-align:bottom"> </td>
<td style="vertical-align:bottom;white-space:nowrap">$14.74</td>
<td style="vertical-align:bottom"> </td>
<td style="white-space:nowrap;vertical-align:bottom"> </td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">1.46%</td>
<td style="white-space:nowrap;vertical-align:bottom"> </td>
<td style="vertical-align:bottom"> </td>
<td style="white-space:nowrap;vertical-align:bottom"> </td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">(3.66)%</td>
<td style="white-space: nowrap; vertical-align: bottom; padding: 0px;"> </td></tr>
<tr style="page-break-inside:avoid ; font-family:Times New Roman; font-size:8pt">
<td style="vertical-align:top"><div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 1em; text-indent: -1em; font-size: 8pt; font-family: "Times New Roman"; line-height: normal;">December 31, 2025</div></td>
<td style="vertical-align:bottom"> </td>
<td style="vertical-align:bottom;white-space:nowrap">$15.71</td>
<td style="vertical-align:bottom"> </td>
<td style="vertical-align:bottom;white-space:nowrap"><div style="letter-spacing: 0px; top: 0px;display:inline;">$15.16</div></td>
<td style="vertical-align:bottom"> </td>
<td style="vertical-align:bottom;white-space:nowrap">$15.46</td>
<td style="vertical-align:bottom"> </td>
<td style="vertical-align:bottom;white-space:nowrap">$15.18</td>
<td style="vertical-align:bottom"> </td>
<td style="white-space:nowrap;vertical-align:bottom"> </td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">1.62%</td>
<td style="white-space:nowrap;vertical-align:bottom"> </td>
<td style="vertical-align:bottom"> </td>
<td style="white-space:nowrap;vertical-align:bottom"> </td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">(0.13<div style="letter-spacing: 0px; top: 0px;display:inline;">)</div>%</td>
<td style="white-space: nowrap; vertical-align: bottom; padding: 0px;"> </td></tr>
<tr style="page-break-inside:avoid ; font-family:Times New Roman; font-size:8pt;background-color:#cceeff">
<td style="vertical-align:top"><div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 1em; text-indent: -1em; font-size: 8pt; font-family: "Times New Roman"; line-height: normal;">September 30, 2025</div></td>
<td style="vertical-align:bottom"> </td>
<td style="vertical-align:bottom;white-space:nowrap">$15.70</td>
<td style="vertical-align:bottom"> </td>
<td style="vertical-align:bottom;white-space:nowrap">$15.10</td>
<td style="vertical-align:bottom"> </td>
<td style="vertical-align:bottom;white-space:nowrap">$15.52</td>
<td style="vertical-align:bottom"> </td>
<td style="vertical-align:bottom;white-space:nowrap">$15.27</td>
<td style="vertical-align:bottom"> </td>
<td style="white-space:nowrap;vertical-align:bottom"> </td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">1.16%</td>
<td style="white-space:nowrap;vertical-align:bottom"> </td>
<td style="vertical-align:bottom"> </td>
<td style="white-space:nowrap;vertical-align:bottom"> </td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">(1.11)%</td>
<td style="white-space: nowrap; vertical-align: bottom; padding: 0px;"> </td></tr>
<tr style="page-break-inside:avoid ; font-family:Times New Roman; font-size:8pt">
<td style="vertical-align:top"><div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 1em; text-indent: -1em; font-size: 8pt; font-family: "Times New Roman"; line-height: normal;">June 30, 2025</div></td>
<td style="vertical-align:bottom"> </td>
<td style="vertical-align:bottom;white-space:nowrap">$15.75</td>
<td style="vertical-align:bottom"> </td>
<td style="vertical-align:bottom;white-space:nowrap">$15.10</td>
<td style="vertical-align:bottom"> </td>
<td style="vertical-align:bottom;white-space:nowrap">$15.28</td>
<td style="vertical-align:bottom"> </td>
<td style="vertical-align:bottom;white-space:nowrap">$15.31</td>
<td style="vertical-align:bottom"> </td>
<td style="white-space:nowrap;vertical-align:bottom"> </td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">3.08%</td>
<td style="white-space:nowrap;vertical-align:bottom"> </td>
<td style="vertical-align:bottom"> </td>
<td style="white-space:nowrap;vertical-align:bottom"> </td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">(1.37<div style="letter-spacing: 0px; top: 0px;display:inline;">)</div>%</td>
<td style="white-space: nowrap; vertical-align: bottom; padding: 0px;"> </td></tr>
<tr style="page-break-inside:avoid ; font-family:Times New Roman; font-size:8pt;background-color:#cceeff">
<td style="vertical-align:top"><div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 1em; text-indent: -1em; font-size: 8pt; font-family: "Times New Roman"; line-height: normal;">March 31, 2025</div></td>
<td style="vertical-align:bottom"> </td>
<td style="vertical-align:bottom;white-space:nowrap">$15.86</td>
<td style="vertical-align:bottom"> </td>
<td style="vertical-align:bottom;white-space:nowrap">$15.51</td>
<td style="vertical-align:bottom"> </td>
<td style="vertical-align:bottom;white-space:nowrap">$15.49</td>
<td style="vertical-align:bottom"> </td>
<td style="vertical-align:bottom;white-space:nowrap">$15.39</td>
<td style="vertical-align:bottom"> </td>
<td style="white-space:nowrap;vertical-align:bottom"> </td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">2.39%</td>
<td style="white-space:nowrap;vertical-align:bottom"> </td>
<td style="vertical-align:bottom"> </td>
<td style="white-space:nowrap;vertical-align:bottom"> </td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">0.78%</td>
<td style="white-space: nowrap; vertical-align: bottom; padding: 0px;"> </td></tr>
<tr style="page-break-inside:avoid ; font-family:Times New Roman; font-size:8pt">
<td style="vertical-align:top"><div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 1em; text-indent: -1em; font-size: 8pt; font-family: "Times New Roman"; line-height: normal;">December 31, 2024</div></td>
<td style="vertical-align:bottom"> </td>
<td style="vertical-align:bottom;white-space:nowrap">$15.89</td>
<td style="vertical-align:bottom"> </td>
<td style="vertical-align:bottom;white-space:nowrap">$15.17</td>
<td style="vertical-align:bottom"> </td>
<td style="vertical-align:bottom;white-space:nowrap">$15.54</td>
<td style="vertical-align:bottom"> </td>
<td style="vertical-align:bottom;white-space:nowrap">$15.41</td>
<td style="vertical-align:bottom"> </td>
<td style="white-space:nowrap;vertical-align:bottom"> </td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">2.25%</td>
<td style="white-space:nowrap;vertical-align:bottom"> </td>
<td style="vertical-align:bottom"> </td>
<td style="white-space:nowrap;vertical-align:bottom"> </td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">(1.56)%</td>
<td style="white-space: nowrap; vertical-align: bottom; padding: 0px;"> </td></tr>
<tr style="page-break-inside:avoid ; font-family:Times New Roman; font-size:8pt;background-color:#cceeff">
<td style="vertical-align:top"><div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 1em; text-indent: -1em; font-size: 8pt; font-family: "Times New Roman"; line-height: normal;">September 30, 2024</div></td>
<td style="vertical-align:bottom"> </td>
<td style="vertical-align:bottom;white-space:nowrap">$16.13</td>
<td style="vertical-align:bottom"> </td>
<td style="vertical-align:bottom;white-space:nowrap">$15.32</td>
<td style="vertical-align:bottom"> </td>
<td style="vertical-align:bottom;white-space:nowrap">$15.77</td>
<td style="vertical-align:bottom"> </td>
<td style="vertical-align:bottom;white-space:nowrap">$15.25</td>
<td style="vertical-align:bottom"> </td>
<td style="white-space:nowrap;vertical-align:bottom"> </td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">2.28%</td>
<td style="white-space:nowrap;vertical-align:bottom"> </td>
<td style="vertical-align:bottom"> </td>
<td style="white-space:nowrap;vertical-align:bottom"> </td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">0.46%</td>
<td style="white-space: nowrap; vertical-align: bottom; padding: 0px;"> </td></tr>
<tr style="page-break-inside:avoid ; font-family:Times New Roman; font-size:8pt">
<td style="vertical-align:top"><div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 1em; text-indent: -1em; font-size: 8pt; font-family: "Times New Roman"; line-height: normal;">June 30, 2024</div></td>
<td style="vertical-align:bottom"> </td>
<td style="vertical-align:bottom;white-space:nowrap">$15.36</td>
<td style="vertical-align:bottom"> </td>
<td style="vertical-align:bottom;white-space:nowrap">$14.64</td>
<td style="vertical-align:bottom"> </td>
<td style="vertical-align:bottom;white-space:nowrap">$15.28</td>
<td style="vertical-align:bottom"> </td>
<td style="vertical-align:bottom;white-space:nowrap">$15.11</td>
<td style="vertical-align:bottom"> </td>
<td style="white-space:nowrap;vertical-align:bottom"> </td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">0.52%</td>
<td style="white-space:nowrap;vertical-align:bottom"> </td>
<td style="vertical-align:bottom"> </td>
<td style="white-space:nowrap;vertical-align:bottom"> </td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">(3.11)%</td>
<td style="white-space: nowrap; vertical-align: bottom; padding: 0px;"> </td></tr>
<tr style="page-break-inside:avoid ; font-family:Times New Roman; font-size:8pt;background-color:#cceeff">
<td style="vertical-align:top"><div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 1em; text-indent: -1em; font-size: 8pt; font-family: "Times New Roman"; line-height: normal;">March 31, 2024</div></td>
<td style="vertical-align:bottom"> </td>
<td style="vertical-align:bottom;white-space:nowrap">$15.51</td>
<td style="vertical-align:bottom"> </td>
<td style="vertical-align:bottom;white-space:nowrap">$15.05</td>
<td style="vertical-align:bottom"> </td>
<td style="vertical-align:bottom;white-space:nowrap">$14.96</td>
<td style="vertical-align:bottom"> </td>
<td style="vertical-align:bottom;white-space:nowrap">$14.93</td>
<td style="vertical-align:bottom"> </td>
<td style="white-space:nowrap;vertical-align:bottom"> </td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">3.68%</td>
<td style="white-space:nowrap;vertical-align:bottom"> </td>
<td style="vertical-align:bottom"> </td>
<td style="white-space:nowrap;vertical-align:bottom"> </td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">0.80%</td>
<td style="white-space: nowrap; vertical-align: bottom; padding: 0px;"> </td></tr>
<tr style="page-break-inside:avoid ; font-family:Times New Roman; font-size:8pt">
<td style="vertical-align:top"><div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 1em; text-indent: -1em; font-size: 8pt; font-family: "Times New Roman"; line-height: normal;">December 31, 2023</div></td>
<td style="vertical-align:bottom"> </td>
<td style="vertical-align:bottom;white-space:nowrap">$15.53</td>
<td style="vertical-align:bottom"> </td>
<td style="vertical-align:bottom;white-space:nowrap">$13.87</td>
<td style="vertical-align:bottom"> </td>
<td style="vertical-align:bottom;white-space:nowrap">$14.91</td>
<td style="vertical-align:bottom"> </td>
<td style="vertical-align:bottom;white-space:nowrap">$14.08</td>
<td style="vertical-align:bottom"> </td>
<td style="white-space:nowrap;vertical-align:bottom"> </td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">4.16%</td>
<td style="white-space:nowrap;vertical-align:bottom"> </td>
<td style="vertical-align:bottom"> </td>
<td style="white-space:nowrap;vertical-align:bottom"> </td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">(1.49)%</td>
<td style="white-space: nowrap; vertical-align: bottom; padding: 0px;"> </td></tr></table>
14.33
13.98
14.69
14.58
-0.0245
-0.0412
14.64
14.17
14.76
14.61
-0.0081
-0.0301
15.34
14.2
15.12
14.74
0.0146
-0.0366
15.71
15.16
15.46
15.18
0.0162
-0.0013
15.7
15.1
15.52
15.27
0.0116
-0.0111
15.75
15.1
15.28
15.31
0.0308
0.0137
15.86
15.51
15.49
15.39
0.0239
0.0078
15.89
15.17
15.54
15.41
0.0225
-0.0156
16.13
15.32
15.77
15.25
0.0228
0.0046
15.36
14.64
15.28
15.11
0.0052
-0.0311
15.51
15.05
14.96
14.93
0.0368
0.008
15.53
13.87
14.91
14.08
0.0416
-0.0149
14.53
14.13
0.0275
Represents the maximum commission with respect to the Common Shares being sold in this offering that the Fund may pay to the Distributor in connection with sales of Common Shares effected by the Sales Agents in this offering. There is no guarantee that there will be any sales of Common Shares pursuant to this Prospectus Supplement and the accompanying Prospectus. Actual sales of Common Shares under this Prospectus Supplement and the accompanying Prospectus, if any, may be less than as set forth in this table. In addition, the price per share of any such sale may be greater or less than the price set forth in this table, depending on the market price of the Common Shares at the time of any such sale.
Represents the estimated offering expenses as a percentage of the Common Share offering price at the NYSE close on August 31, 2026.
You will pay brokerage charges if you direct your broker or the plan agent to sell your Common Shares that you acquired pursuant to a dividend reinvestment plan. You will also bear a pro rata share of brokerage commissions incurred in connection with open-market purchases pursuant to the Fund’s Dividend Reinvestment Plan. See “Dividend Reinvestment Plan” in the accompanying Prospectus.
The Fund pays the Adviser a monthly management fee for its investment management services in an amount equal to 1.00% of the Fund’s average daily total managed assets. In accordance with the requirements of the Commission, the table above shows the Fund’s management fee as a percentage of average net assets, which reflects the Fund’s use of leverage.
Assumes the use of leverage in the form of borrowings representing 6.53% of the Fund’s total managed assets (including the amounts of leverage obtained through the use of such borrowings). See “Leverage — Effects of Leverage” and “Leverage — Credit Facility” in the accompanying Prospectus.
Other expenses are estimated for the Fund’s fiscal year ended September 30, 2026.
The example above should not be considered a representation of future expenses. Actual expenses may be higher or lower than those shown. The example assumes that the estimated interest expense on borrowed funds and “Other expenses” set forth in the Annual Expenses table are accurate, that the rates listed under “Total Annual Expenses” remain the same each year and that all dividends and distributions are reinvested at NAV. Actual expenses may be greater or less than those assumed. Moreover, the Fund’s actual rate of return may be greater or less than the hypothetical 5% annual return shown in the example.