First Eagle Senior Loan Fund declares monthly distribution of $ 0.07 per share
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BOSTON, February 25, 2021 (GLOBE NEWSWIRE) – First Eagle Senior Loan Fund (the “Fund”) (NYSE: FSLF) today announced the declaration of its monthly distribution of $ 0.07 per common share, payable on March 31, 2021. Based on the Fund’s share price of $ 14.25 at its closing on February 25, 2021 , the distribution represents an annualized return of 5.89%. Information relating to the distribution tariff is provided for informational purposes only and is not necessarily indicative of future results which cannot be achieved. The payout rate should not be viewed as the return or total return on an investment in the Fund.
The following dates apply to this distribution:
|Ex-dividend date:||March 17, 2021|
|Registration Date:||March 18, 2021|
|Payment date:||March 31, 2021|
A portion of the distribution may be considered to be paid from sources other than undistributed net investment income, including, but not limited to, a short-term capital gain, a long-term capital gain, or a return of capital. As required by Section 19 (a) of the Investment Companies Act 1940, notice will be distributed to shareholders of the Fund in the event that any part of the distribution comes from sources other than net investment income. not distributed. In January or February of each year, investors will receive a Form 1099-DIV for the previous calendar year that will set out how to report distributions from the Fund for federal income tax purposes.
The investment returns, price, returns, market value and net asset value (NAV) of shares in the Fund will fluctuate depending on market conditions and it is possible to lose money by investing in the Fund. Closed-end funds often trade at a discount to net asset value, which can increase an investor’s risk of loss. Investment returns and the value of principal will fluctuate. Past performance is no guarantee of future results.
About the First Eagle Senior Loan Fund
The Fund is a diversified closed-end management investment company advised by First Eagle Alternative Credit, LLC. The investment objective of the Fund is to provide current income and preserve capital primarily by investing in loans and senior secured notes denominated in US dollars. 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 direct loans and heavily syndicated investments through public and private vehicles, guaranteed loan bonds, separately managed accounts and blended 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.
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, conditions or results and involve a number of risks and uncertainties. Actual results may differ materially from forward-looking statements due to a number of factors, including those described from time to time in our filings with the Securities and Exchange Commission. First Eagle Senior Loan Fund assumes no obligation to update any forward-looking statements made herein.
Contact the Fund at 1.844.409.6354 or visit the Fund’s website at http://feacfslf.com for more information.
Andrew ParkFirst Eagle Alternative Credit, LLC 212.829.3126
Source: First Eagle Senior Loan Fund