Does the Fund intend to hold its securitized investments to maturity?
Yes, generally. However, the exact hold period for each investment will be assessed based on the investment’s own merits relative to market conditions. We will conduct hold vs. sell analyses when appropriate. If higher returns can be achieved by selling an investment at a premium over par value prior to maturity and those returns would be greater than could be achieved by holding to maturity and collecting additional interest payments, then a sale prior to maturity will be prudently considered.