Common use of Investment Objective Clause in Contracts

Investment Objective. The Trust’s investment objective is to target high risk-adjusted returns produced primarily from current income generated by investing primarily in directly originated, senior secured corporate debt instruments. The Trustees shall have power with respect to the Trust to manage, conduct, operate and carry on the business of a business development company. The Independent Trustees shall review the investment policies of the Trust with sufficient frequency (not less often than annually) to determine that the policies being followed by the Trust are in the best interests of its Shareholders. Each such determination and the basis therefor shall be set forth in the minutes of the meetings of the Board of Trustees.

Investment Objective. The TrustCompany’s investment objective is to target high riskgenerate attractive risk adjusted returns, predominately in the form of current income, with select investments exhibiting the ability to capture long-adjusted returns produced primarily from current income generated by investing primarily in directly originated, senior secured corporate debt instrumentsterm capital appreciation. The Trustees shall have power with respect to the Trust Company to manage, conduct, operate and carry on the business of a business development company. The Independent Trustees shall review the investment policies of the Trust Company with sufficient frequency (not less often than annually) to determine that the policies being followed by the Trust Company are in the best interests of its Shareholders. Each such determination and the basis therefor shall be set forth in the minutes of the meetings of the Board of Trustees.