Dividends and other taxable distributions are taxable to you even if they are reinvested in
additional shares of the Fund. Dividends and other distributions paid by the Fund are generally treated as received by a shareholder at the time the dividend or distribution is made. If, however, the Fund pays you a dividend or makes a distribution
in January that was declared in the previous October, November or December to shareholders of record on a specified date in one of such months, then such dividend or distribution will be treated for tax purposes as being paid by the Fund and
received by you on December 31 of the year in which the dividend or distribution was declared.
The Fund is required in certain
circumstances to withhold, for U.S. backup withholding tax purposes, a portion of the taxable dividends or distributions and certain other payments paid to non-corporate holders of the Funds shares who
do not furnish the Fund (or its agent) with their correct taxpayer identification number (in the case of individuals, generally, their social security number) and certain certifications, or who are otherwise subject to backup withholding. Backup
withholding is not an additional tax. Any amounts withheld from payments made to you may be refunded or credited against your U.S. federal income tax liability, if any, provided that the required information is furnished to the IRS.
Shareholders are urged to consult their tax advisers regarding specific questions as to U.S. federal, foreign, state, local income or other
taxes.
CUSTODIAN, TRANSFER AGENT
AND DIVIDEND DISBURSING AGENT
The Bank of New York Mellon, located at 240 Greenwich Street, New York, NY 10286, serves as the custodian of the Funds assets pursuant
to a custody agreement. Under the custody agreement, the Custodian holds the Funds assets in compliance with the 1940 Act. For its services, the Custodian receives a monthly fee paid by the Fund based upon, among other things, the average
value of the total assets of the Fund, plus certain charges for securities transactions and out of pocket expenses.
American Stock
Transfer & Trust Company, located at 6201 15th Avenue, Brooklyn, NY 11219, serves as the Funds dividend disbursing agent, as agent under the Funds Plan and as transfer agent and registrar for the Series C Preferred Shares and
the common shares of the Fund.
American Stock Transfer & Trust Company also would be expected to serve as the Funds
transfer agent, registrar, dividend disbursing agent and redemption agent with respect to any additional series of preferred shares issued in the future.
PLAN OF DISTRIBUTION
We may sell our securities through underwriters or dealers, directly to one or more purchasers, through agents, to or through underwriters or
dealers, or through a combination of any such methods of sale. The applicable Prospectus Supplement will identify any underwriter or agent involved in the offer and sale of our securities, any sales loads, discounts, commissions, fees or other
compensation paid to any underwriter, dealer or agent, the offering price, net proceeds and use of proceeds and the terms of any sale.
The distribution of our securities may be effected from time to time in one or more transactions at a fixed price or prices, which may be
changed, at prevailing market prices at the time of sale, at prices related to such prevailing market prices, or at negotiated prices, provided, however, that the offering price per share in the case of common shares, must equal or exceed the net
asset value per share, exclusive of any underwriting commissions or discounts, of our common shares.
We may sell our securities directly
to, and solicit offers from, institutional investors or others who may be deemed to be underwriters as defined in the Securities Act for any resales of the securities. In this case, no underwriters or agents would be involved. We may use electronic
media, including the Internet, to sell offered securities directly.
In connection with the sale of our securities, underwriters or agents
may receive compensation from us in the form of discounts, concessions or commissions. Underwriters may sell our securities to or through dealers, and such dealers may receive compensation in the form of discounts, concessions or commissions from
the underwriters and/or commissions from the purchasers for whom they may act as agents. Underwriters, dealers and agents that participate in the distribution of our securities may be deemed to be underwriters under the Securities Act, and any
discounts and commissions they receive from us and any profit realized by them on the resale of our securities may be deemed to be underwriting discounts and commissions under the Securities Act. Any such underwriter or agent will be identified and
any such compensation received from us will be described in the applicable Prospectus Supplement. The maximum commission or discount to be received by any Financial Industry Regulatory Authority, Inc. (FINRA)
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