Class A

CUSIP: 30331V108

Class D

CUSIP: 30331V207

Class I

CUSIP: 30331V306

Process for redeeming shares

Step 1:

When the tender window is open, download the Repurchase Request Form.

For Morgan Stanley and Merrill Lynch positions, please contact your home office for the applicable form(s).

Step 2:

Complete sections A-E, as necessary, including signing and dating the form.

• Shareholders with custodial held accounts will need to submit paperwork to the custodian/clearing firm for authorization/sign-off prior to submitting the repurchase form to the transfer agent, SS&C GIDS, Inc.
• Certain custodians may require additional paperwork. Please contact your financial professional or custodian for additional instructions.

Step 3:

Submit the repurchase offer form to your financial professional or directly to the transfer agent, SS&C GIDS, Inc. for processing, as applicable.

Where to submit redemption paperwork

Forms + resources

Please download the appropriate form when it becomes available and submit accordingly.

Frequently asked questions

How will proceeds be sent to shareholders?

The method on how the proceeds are sent to shareholders is selected by the investor within the repurchase offer form. Typically, proceeds are sent no later than 7 days after the repurchase pricing date.

• Custodial Positions: Proceeds are sent to the custodian on record. Custodians may take 7-10 business days to credit shareholder brokerage accounts.
• For Non-Custodial Positions:
  • Proceeds sent via check are sent via USPS and usually arrive within 7-10 business after mailing.
    • Proceeds sent via ACH to a bank account are typically credited to the bank account in 3–5 days.
    • Proceeds sent to brokerage accounts may take 7–10 business days to credit shareholder brokerage accounts.

Will tenders be prorated and how is it calculated?

Whether or not the tender will be prorated cannot be determined at this time. The fund has a specified number of shares it can repurchase each quarter. All valid tender requests received prior to the expiration date of the repurchase offer will be considered. If the amount of repurchase requests exceeds the number of shares the fund seeks to repurchase, shares will be repurchased on a pro rata basis.

What happens to my request if redemptions are prorated?

In the event that repurchases are prorated, any unsatisfied requests must be resubmitted at the beginning of the next quarterly redemption window.

How is the share repurchase price determined?

The share repurchase price is based on the NAV per share as of the last day of the quarter.

Is there an early repurchase fee?

Yes, a 2% early repurchase fee will be charged with respect to the repurchase of a Shareholder’s Class A Shares, Class I Shares or Class D Shares at any time prior to the day immediately proceeding the one-year anniversary of a Shareholder’s purchase of the Shares.

Is any amount of the repurchase held back for the Fund’s annual audit?

Yes, there are two payments associated with a redemption from the Fund.

• The initial payment will be in an amount equal to at least 90% of the estimated aggregate value of the repurchased Shares, determined as of the Valuation Date in the manner specified above. The Initial Payment will be made on or before the 65th day after the Expiration Date (usually ~35 days following the end of the quarter).
• The second and final payment is made within 5 business days following the completion of the Fund’s annual audit which is expected to be completed by May 31st of each year.

For more information, please refer to the “Repurchases of Shares” section of the Fund’s prospectus.

Still have questions?

Contact our Client Relations team Monday-Friday, 9 AM to 6 PM ET, at 877-628-8575.