For additional details regarding investor eligibility requirements, including special suitability standards required by certain states, please refer to "Suitability Standards" included within the Prospectus.

We intend to implement a share repurchase program, but only a limited number of Common Shares will be eligible for repurchase and repurchases will be subject to available liquidity and other significant restrictions. We intend to commence a share repurchase program in which we intend to repurchase, in each quarter, up to 5% of our Common Shares outstanding (by number of Common Shares) as of the close of the previous calendar quarter. Restrictions may apply. Shares in the Fund should be considered an illiquid investment as investors may not be able to sell desired shares during a quarterly redemption.Distributions are subject to modification or suspension and are not guaranteed in frequency or amount. Distributions are not based solely on performance. There is no assurance that we will pay distributions in any particular amount, if at all. We may fund any distributions from sources other than cash flow from operations, including, without limitation, the sale of assets, borrowings, return of capital or offering proceeds, and we have no limits on the amounts we may pay from such sources. Using non-income sources to pay distributions may not be sustainable and could reduce investors’ overall return.

Distributions if any, will be determined by the Board. Fund distributions are expected to be paid from income primarily generated by interest and dividends earned on the Fund’s investments, although it may also include a return of capital. A return of capital reduces the shareholder’s cost basis in the investment and is taxable when the shares are sold. There is no assurance that we will pay distributions in any particular amount, if at all. We may fund any distributions from sources other than cash flow from operations, including, without limitation, the sale of assets, borrowings, return of capital or offering proceeds, and we have no limits on the amounts we may pay from such sources. The extent to which we pay distributions from sources other than cash flow from operations will depend on various factors, including the level of participation in our distribution reinvestment plan, how quickly we invest the proceeds from this and any past or future offering and the performance of our investments. Funding distributions from the sales of assets, borrowings, return of capital or proceeds of this offering will result in us having less funds available to acquire investments. Therefore, the return you realize on your investment may be reduced. Additionally, funding distributions from the sales of assets, borrowings, return of capital or proceeds of this offering may also negatively impact our ability to generate cash flows. Similarly, funding distributions from the sale of additional securities will dilute your interest in us on a percentage basis and may impact the value of your investment especially if we sell these securities at prices less than the price you paid for your Common Shares. We believe the likelihood that we will pay distributions from sources other than cash flow from operations will be higher in the early stages of the offering. See “Risk Factors—The Fund is Subject to Risks Relating to Distributions” in the prospectus for additional information.

Please note there are other annual expenses which shareholders may be subject to.

As of December 31, 2024, as included within the Fund’s 10-K filed with the SEC. Please note this is due to upfront costs incurred at launch of the fund and the short period of time in which the Fund was in operation during 2024 (commencement of operations as of November 5, 2024).