The Fund announced that
its Board of Trustees has authorized the issuance of one non-transferable right for each share of
the Fund held on July 8, 2024 to purchase one additional share of the Fund at the greater of (1)
97% of the volume weighted average price of the Fund’s shares for the three-day period ending on
the expiration date, and (2) 85% of the net asset value (NAV) of the Fund’s shares on the expiration
date of August 9, 2024 unless extended. Rights holders that fully exercise their rights will also be
entitled to subscribe, subject to certain limitations to be set forth in a prospectus (which shall be
available on the website of the Securities and Exchange Commission at www.sec.gov) and subject
to allotment, for additional shares that are not subscribed for by other rights holders. If there are
not enough unsubscribed shares available to honor all additional subscription requests, the Fund
may, in its sole discretion, issue additional shares up to 10% of the shares initially available in the
offering. Commencement of the rights offering is subject to the Securities and Exchange
Commission declaring the registration statement effective for the securities to be issued via the
rights offering.