THL Credit Senior Loan Fund (NYSE: TSLF) is a Closed-End Fund Designed for Investors Seeking Income and Preservation of Capital primarily through investments in Bank Loans. TSLF is designed to offer investors:

  • Potential for attractive levels of current income through monthly distributions
  • Potential for higher income during a rising interest rate environment
  • A differentiated, alpha oriented portfolio investing primarily in Bank Loans
  • Exposure to investment expertise of THL Credit , a specialist in value-added high yield credit investments
  • Targeted portfolio constructed from THL Credit’s value oriented, fundamental credit process, developed over the Bank Loan investment team’s 20+ year working history

 

Fund Data

NAV as of1 Day NAV Change as ofDistribution Rate as of
12/11/201812/11/201812/11/2018
$17.76$-0.04/-0.22%7.73%
Market Price as of1 Day Market Price Change as ofPremium / Discount as of
12/11/201812/11/201812/11/2018
$15.67$-0.06/-0.38%-11.77%

MORNINGSTAR RATINGTM (as of 12/6/2018)

© 2018 Morningstar, Inc. All rights reserved. The information contained herein: (1) is proprietary to Morningstar and/or its content providers; (2) may not be copied or distributed; and (3) is not warranted to be accurate, complete, or timely. Neither Morningstar nor its content providers are responsible for any damages or losses arising from any use of this information. The Morningstar RatingTM for funds, or “star rating”, is calculated for managed products (including mutual funds, variable annuity and variable life subaccounts, exchange-traded funds, closed-end funds, and separate accounts) with at least a three-year history. Exchange-traded funds and open-ended mutual funds are considered a single population for comparative purposes. It is calculated based on a Morningstar Risk-Adjusted Return measure that accounts for variation in a managed product’s monthly excess performance, placing more emphasis on downward variations and rewarding consistent performance. The top 10% of products in each product category receive 5 stars, the next 22.5% receive 4 stars, the next 35% receive 3 stars, the next 22.5% receive 2 stars, and the bottom 10% receive 1 star. The Overall Morningstar Rating for a managed product is derived from a weighted average of the performance figures associated with its three-, five-, and 10-year (if applicable) Morningstar Rating metrics. The weights are: 100% three year rating for 36-59 months of total returns, 60% five-year rating/40% three-year rating for 60-119 months of total returns, and 50% 10-year rating/30% five-year rating/20% three-year rating for 120 or more months of total returns. While the 10-year overall star rating formula seems to give the most weight to the 10-year period, the most recent three-year period actually has the greatest impact because it is included in all three rating periods. THL Credit Senior Loan Fund was rated against the following numbers of bank loan funds over the following time periods: 26 funds in the last three years as of 12/6/2018. Past performance is no guarantee of future results.

Raymond James Financial, Inc., RBC Capital Markets, Stifel Financial Corp., and Oppenheimer & Co. Inc., acted as lead underwriters in connection with this offering. There can be no assurance that the Fund’s investment objective will be achieved or that the Fund’s investment program will be successful. An investment in the Fund is not appropriate for all investors and is not intended to be a complete investment program. The Fund is designed as a long-term investment and not as a trading vehicle. Investors could lose some or all of their investment. For a summary of the risks associated with an investment in the Fund, please see the “Risk Factors” section of the final prospectus. The Fund intends to use leverage. Leverage involves the use of various financial instruments or borrowings in an attempt to increase the return of an investment. The use of leverage involves risk, including the potential for higher volatility and greater declines of the Fund’s net asset value, and fluctuations of dividends and other distributions paid by the Fund. For additional risk information, see the “Leverage” section of the final prospectus. The securities in which the Fund will invest may be rated below investment grade. Such securities are regarded as having predominately speculative characteristics with respect to an issuer’s capacity to pay interest and repay principal and are commonly referred to as “high yield” securities or “junk” bonds.

Learn more about THL Credit Advisors LLC

Learn More