First Eagle Senior Loan Fund Declares Monthly Distribution of $0.07 Per Share
BOSTON, May 10, 2021 – First Eagle Senior Loan Fund (NYSE: FSLF) announced a monthly distribution of $0.07 per common share, payable on May 28, 2021. This distribution equates to an annualized yield of 5.71% based on the recent share price of $14.70. Key dates include the ex-dividend date on May 19 and the record date on May 20. A portion of the distribution may derive from sources other than undistributed net investment income, with details to be provided to shareholders. The Fund aims for current income and capital preservation through senior secured corporate loans.
- Monthly distribution of $0.07 per common share announced.
- Annualized yield of 5.71% based on a share price of $14.70.
- Investment returns and principal value may fluctuate, presenting a risk of loss.
- Closed-end funds like FSLF may trade at a discount to NAV, increasing risk.
BOSTON, May 10, 2021 (GLOBE NEWSWIRE) -- First Eagle Senior Loan Fund (the “Fund”) (NYSE: FSLF) today announced the declaration of its monthly distribution of
The following dates apply to this distribution:
| Ex-Dividend Date: | May 19, 2021 |
| Record Date: | May 20, 2021 |
| Payable Date: | May 28, 2021 |
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 First Eagle 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. First Eagle 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://feacfslf.com for additional information.
Contact
Andrew Park
First Eagle Alternative Credit, LLC
212.829.3126
FAQ
What is the monthly distribution amount for FSLF?
When is the payable date for FSLF's distribution?
What is the annualized yield for FSLF as of May 10, 2021?
What are the ex-dividend and record dates for FSLF?
