The following table sets forth the estimated amounts of the current distribution, payable
|Estimated Sources of Distributions|
($) Total Cumulative
% Breakdown of the
|Net Investment Income||0.062||50%||0.388||52%|
|Net Realized Short-Term Capital Gains||0.000||0%||0.000||0%|
|Net Realized Long-Term Capital Gains||0.000||0%||0.206||27%|
Return of ||0.063||50%||0.156||21%|
|Total (per common share)||0.125||100%||0.750||100%|
Average annual total return (in relation to NAV) from commencement
of operations through ||15.24%|
Annualized current distribution rate expressed as a percentage of
NAV as of ||5.11%|
Cumulative total return (in relation to NAV) for the fiscal year
Cumulative fiscal year distributions as a percentage of NAV as of
You should not draw any conclusions about TPZ's investment performance from the amount of this distribution or from the terms of TPZ's distribution policy.
TPZ estimates that it has distributed more than its income and net realized capital gains; therefore, a portion of your distribution may be a return of capital. A return of capital may occur, for example, when some or all of the money that you invested in TPZ is paid back to you. A return of capital distribution does not necessarily reflect TPZ's investment performance and should not be confused with "yield" or "income."
The amounts and sources of distributions reported are only estimates and are not being provided for tax reporting purposes. The actual amounts and sources of the amounts for tax reporting purposes will depend upon TPZ's investment experience during the remainder of its fiscal year and may be subject to changes based on tax regulations. TPZ will send you a Form 1099-DIV for the calendar year that will tell you how to report these distributions for federal income tax purposes.
Safe Harbor Statement
This press release shall not constitute an offer to sell or a solicitation to buy, nor shall there be any sale of these securities in any state or jurisdiction in which such offer or solicitation or sale would be unlawful prior to registration or qualification under the laws of such state or jurisdiction.
This press release contains certain statements that may include “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. All statements, other than statements of historical fact, included herein are "forward-looking statements." Although the company and