1 The public offering price of FSIC IV’s shares of Class T common stock is subject to an upfront sales load of up to 4.25%. Shares of FSIC IV’s Class T common stock are also subject to an annual distribution fee of 1.00% of the estimated value of the shares as determined in accordance with applicable FINRA rules. The public offering price is subject to change. FSIC IV’s total expenses as a percentage of average net assets attributable to common stock was 5.89% for the period from January 6, 2016 (commencement of operations) through June 30, 2016. Expenses and fees are described more fully in FSIC IV’s prospectus. Please consult the prospectus and read it carefully.

2 The annualized distribution rate shown is expressed as a percentage equal to the projected annualized distribution amount per share of Class T common stock (which is calculated by annualizing the regular weekly cash distribution per share of Class T common stock as of the date indicated, without compounding), divided by the public offering price per share of Class T common stock as of the date indicated. The annualized distribution rate and amount shown are net of the 1.00% annual distribution fee and may be rounded. The payment of future distributions on FSIC IV’s shares of Class T common stock is subject to the discretion of FSIC IV’s board of directors and applicable legal restrictions and, therefore, there can be no assurance as to the amount or timing of any such future distributions. For the six months ended June 30, 2017, 73% of FSIC IV’s distributions were funded through net investment income (prior to expense reimbursement) and 27% of FSIC IV’s distributions were funded through short-term capital gains proceeds from the sale of assets, on a tax basis. The determination of the tax attributes of FSIC IV’s distributions is made annually at the end of FSIC IV’s fiscal year and a determination made on an interim basis may not be representative of the actual tax attributes of FSIC IV’s distributions for a full year. The actual tax characteristics of distributions to stockholders are reported to stockholders annually of Form 1099-DIV.

1 FSGCO–T2's NAV per common share as of the date indicated is the NAV determined by FSGCO–T2 for purposes of complying with the requirements of Section 23(b) of the Investment Company Act of 1940, as amended, and has not been approved by FSGCO–T2's board of trustees. FSGCO–T2's NAV per common share may increase or decrease in the future and any such change may be material.

2 The annualized distribution rate shown is expressed as a percentage equal to the projected annualized distribution amount per share (which is calculated by annualizing the regular weekly cash distribution per share as of the date indicated, without compounding), divided by FSGCO–T2’s public offering price per share as of the date indicated. The annualized distribution rate shown may be rounded. The payment of future distributions on FSGCO–T2’s common shares is subject to the discretion of FSGCO–T2’s board of trustees and applicable legal restrictions and, therefore, there can be no assurance as to the amount or timing of any such future distributions. The determination of the tax attributes of FSGCO–T2’s distributions is made annually as of the end of FSGCO–T2’s fiscal year based upon FSGCO–T2’s taxable income for the full year and distributions paid for the full year. Therefore, a determination made on an interim basis may not be representative of the actual tax attributes of FSGCO–T2’s distributions for a full year. The actual tax characteristics of distributions to shareholders are reported to shareholders annually on Form 1099-DIV.

1 The annualized distribution rate shown is expressed as a percentage equal to the projected annualized distribution amount per share (which is calculated by annualizing the monthly cash distribution per share as of the date indicated, without compounding), divided by net asset value (NAV) per share as of the date indicated. The annualized distribution rate shown may be rounded. The payment of future distributions on FSEP’s common shares is subject to the discretion of FSEP’s board of trustees and applicable legal restrictions and, therefore, there can be no assurance as to the amount or timing of any such future distributions. For the six months ended June 30, 2017, approximately 89% of FSEP's distributions were funded through net investment income, 1% distributions on account of investments in portfolio companies and 10% on expense reimbursement from sponsor. The determination of the tax attributes of FSEP’s distributions is made annually at the end of FSEP’s fiscal year, and a determination made on an interim basis may not be representative of the actual tax attributes of FSEP’s distributions for a full year. The actual tax characteristics of distributions to shareholders are reported to shareholders annually on Form 1099-DIV. FSEP's total expenses as a percentage of average net assets attributable to common shares was 4.88% for the year ended December 31, 2016.