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FS ENERGY & POWER FUND FILES (8-K) Disclosing Results of Operations and Financial Condition

August 7, 2014



Item 2.02. Results of Operations and Financial Condition.

On August 6, 2014, the board of trustees (the "Board") of FS Energy and Power Fund (the "Company") declared regular weekly cash distributions for October 2014 through December 2014. The regular weekly cash distributions, each in the amount of $0.013625 per share, will be payable monthly to shareholders of record as of the weekly record dates set forth below.

Record Date Payment Date Distribution Amount 10/07/201410/29/2014$0.01362510/14/201410/29/2014$0.01362510/21/201410/29/2014$0.01362510/28/201410/29/2014$0.01362511/04/201411/26/2014$0.01362511/11/201411/26/2014$0.01362511/18/201411/26/2014$0.01362511/25/201411/26/2014$0.01362512/02/201412/31/2014$0.01362512/09/201412/31/2014$0.01362512/16/201412/31/2014$0.01362512/23/201412/31/2014$0.01362512/30/201412/31/2014$0.013625



Certain Information About Distributions

The determination of the tax attributes of the Company's distributions is made annually as of the end of the Company's fiscal year based upon its taxable income and distributions paid, in each case, for the full year. Therefore, a determination as to the tax attributes of the distributions made on a quarterly basis may not be representative of the actual tax attributes for a full year. The Company intends to update shareholders quarterly with an estimated percentage of its distributions that resulted from taxable ordinary income. The actual tax characteristics of distributions to shareholders will be reported to shareholders annually on Form 1099-DIV. The payment of future distributions on the Company's common shares is subject to the discretion of the Board and applicable legal restrictions and, therefore, there can be no assurance as to the amount or timing of any such future distributions.

The Company may fund its cash distributions to shareholders from any sources of funds legally available to it, including expense reimbursements from Franklin Square Holdings, L.P., as well as offering proceeds, borrowings, net investment income from operations, capital gains proceeds from the sale of assets, non-capital gains proceeds from the sale of assets and dividends or other distributions paid to it on account of preferred and common equity investments in portfolio companies. The Company has not established limits on the amount of funds it may use from available sources to make distributions. There can be no assurance that the Company will be able to pay distributions at a specific rate or at all.

Forward-Looking Statements



This Current Report on Form 8-K may contain certain forward-looking statements, including statements with regard to the future performance and operations of the Company. Words such as "believes," "expects," "projects" and "future" or similar expressions are intended to identify forward-looking statements. These forward-looking statements are subject to the inherent uncertainties in predicting future results and conditions. Certain factors could cause actual results to differ materially from those projected in these forward-looking statements, and some of these factors are enumerated in the filings the Company makes with the U.S. Securities and Exchange Commission. The Company undertakes no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.


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Source: Edgar Glimpses


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