RE:Annual Concurrent Retraction priced today It sure seems difficult to go through this yearly retraction.
Must be done by the 10th of the retraction month, any fees required to retract the shares are charged to the person retracting.
"Annual Concurrent In addition to the above, a holder of Class A Shares may concurrently retract an equal number of Preferred Shares and Class A Shares on the Annual Retraction Date of each year at a retraction price per Unit equal to the NAV per Unit on that date, less any costs associated with the retraction, including commissions and other such costs, if any, related to the liquidation of any portion of the Portfolio required to fund such retraction. The Preferred Shares and the Class A Shares must both be surrendered on the tenth Business Day prior to the Annual Retraction Date. Payment of the proceeds will be made on or before the tenth Business Day of the following month, subject to the Manager’s right to suspend retractions in certain circumstances."