Post by
wolverine99 on Sep 06, 2024 10:13am
New Term
So if I am reading the Release correctly Class A will begin monthly distributions in November but what will the Divy be!
Comment by
elonmuskrat247 on Sep 06, 2024 11:06am
All it says is attractive distribution,,, it currently pays 0.06773 per month, but it will depend on the number of preferred shares that are redeemed by Oct 17th I suppose.
Comment by
Donwaan on Sep 10, 2024 10:53am
Depending on how many preferred shares are retracted under the Special Retraction Right, the Fund may have to consolidate the class A shares to ensure an equal number of class A shares and preferred shares remain outstanding.(hoping a consolidation won't be too significant)