Conference Call Participants Additionally, information related to past performance, while helpful as an evaluative tool is not necessarily indicative of future results, the achievement of which cannot be assured. Investors should not view the past performance of FSCO or information about the market as indicative of FSCO's future results. Net investment income fully covered distributions of $0.64 per share, and the fund's net asset value increased by $0.59 per share, or 9.3% year-over-year. We believe our pe ...

• When a Shareholder sells their Shares, the Shareholder may receive less than their purchase price and the then-current net asset value, or NAV, per Share. • Shares of closed-end funds frequently trade at a discount to NAV and this creates a risk of loss for investors who purchased Shares at the time of listing on the New York Stock Exchange (the "Listing"). This risk is separate and distinct from the risk that FSCO's NAV will decrease. • FSCO's distributions may be funded from unlimited amounts of offerin ...

Philip Thurston/E+ via Getty Images Back in the day, in my eternal quest for the perfect wave in my teens and 20s, the old surfer in me longed for those warm, sunny days when I could leisurely travel the world (or at least my local beaches) looking for the right setup. I always liked right-hand point breaks where I could tuck into the barrel of the wave and travel on down the line, riding from the trough to the peak and back down again, gaining speed and momentum. This analogy could be applicable to my sear ...

We believe this is reflective of the FundÂ's recent positive performance, broader market stability, and the reduced selling pressure on the stock now that all phases of the listing are complete. While the price to NAV discount has narrowed, we believe the current discount at which the stock is trading compared to the net asset value is still too large and not indicative of the health of the portfolio or the forward return potential of our investments. We believe FSCO offers a differentiated value propositio ...

Thank you, Robert, and thank you all for joining us today. We are pleased to report solid results for the second quarter as the Fund returned 7.5%, driven by strong earnings as net income fully covered distributions of $0.15 per share and NAV appreciation of $0.33 per share. Performance was broad-based across the portfolio with contributors far outnumbering detractors. Since quarter end, the Fund's NAV increased by approximately 3.9%, driven by company-specific events for a select number of the Fund's large ...