The distribution follows the fund’s established policy of maintaining an annual rate of 7% based on the rolling average of the prior four quarter-end net asset values. According to the firm’s estimates, the majority of the current payout—approximately 77%—is derived from net realized long-term gains, while 22% originates from short-term gains and 1% from net investment income. The fund clarified that these figures are estimates for informational purposes and do not reflect final tax reporting data, which will be provided via Form 1099-DIV.

The price for shares issued through the reinvestment program is set for determination on September 18. Investors should note that the distribution amount and the fund’s policy are subject to adjustment at the discretion of the Board of Directors. The fund, which focuses on long-term capital growth through small-cap equity investments, maintains an average annual total return of 8.72% over the five-year period ending August 31, 2026.