The Fund has extended the previously announced transferable rights offering which would allow the Fund’s record date common shareholders to acquire additional common shares to June 29, 2022. Except for the expiration and issuance dates, the remainder of the terms of the Offering are unchanged. The Offering is made only by means of a prospectus, and this announcement does not constitute an offer to sell, or a solicitation of an offer to buy, any of the Fund’s securities.
SUMMARY OF THE TERMS OF THE OFFERING

Each shareholder has received one transferable right for each common share held on the record date (May 12, 2022).
Four Rights plus $16.00 will continue to be required to purchase one additional common share. The purchase price is payable in cash.
Record date shareholders who fully exercise their Primary Subscription Rights will be eligible for an over-subscription privilege. This privilege entitles these shareholders to subscribe, subject to certain limitations and a pro-rata allotment, for any additional common shares not purchased pursuant to the Primary Subscription. Rights acquired in the secondary market may not participate in the over-subscription privilege.
The Rights began trading “when issued” on the NYSE American beginning on May 10, 2022. The Fund’s common shares traded “Ex-Rights” on the NYSE American beginning on May 11, 2022. The Rights began trading for normal settlement on the NYSE American (NYSE American: GLU RT) on May 17, 2022.
The Offering expires at 5:00 PM Eastern Time on June 29, 2022, unless further extended.