Corporate Structure

We intend to elect to be taxed as a RIC under Subchapter M of the Code. In order to qualify as a RIC, we must distribute at least 90% of our ordinary income and realized net short-term capital gains in excess of realized net long-term capital losses, if any, out of the assets legally available for distribution. In addition, although we currently intend to distribute realized net capital gains (i.e., net long-term capital gains in excess of short-term capital losses), if any, at least annually, out of the assets legally available for such distributions, we may in the future decide to retain such capital gains for investment.

Distributions to stockholders will generally be taxable as ordinary income. Stockholders will be notified of the proper tax characterization of ACSF’s dividends by way of IRS Form 1099-DIV following the close of each tax year.

Due to the complex nature of the applicable tax rules, it is recommended that stockholders consult their tax advisors to ensure proper tax treatment of dividends received.

 Additional Tax Detail on 2016 Dividends

 Tax Characterization of 2016 Dividends

 Tax Characterization of 2015 Dividends

 Tax Characterization of 2014 Dividends

Dividends (NASDAQ - ACSF)
Description: Common shares, $0.01 par value

LTM Dividend Payout Ratio (%) : 38.16

Current Dividend Yield (%) : 8.82

Current Year - 2017
Previous Year(s) (2016 - 2016)
* Reflects the dividend for the shortened "stub" period from the closing of the Company's initial public offering ("IPO") on January 22, 2014 through March 31, 2014.