Generate current income and long-term capital appreciation
FSEP is a non-traded business development company (BDC). The fund invests primarily in the debt and, to a lesser extent, equity securities of private U.S. energy and power companies.
FS/EIG Advisor, LLC
Fund materials
| SHAREHOLDER RETURNS 1 As of 7/31/2019 | YTD | 1 YR | 3 YRS | 5 YRS |
SINCE INCEPTION 7/18/2011 |
CUMULATIVE TOTAL RETURN since inception* |
CUMULATIVE TOTAL RETURN since inception* (with sales charge) 2 |
CUMULATIVE CASH DISTRIBUTIONS PER SHARE since inception 3 |
|---|---|---|---|---|---|---|---|---|
| FSEP | 6.5% | 1.7% | 3.3% | -0.6% | 3.6% | 32.6% | 19.3% | $5.18 |
Shareholder Returns (Without Sales Charge, compounded monthly) are the total returns an investor received for the highlighted period taking into account all distributions paid during such period, compounded monthly. Except for the Shareholder Returns (Without Sales Charge) for the YTD and 1 year periods, the calculation assumes that the investor purchased shares at FSEP’s public ofering price, excluding selling commissions and dealer manager fees, at the beginning of the applicable period and reinvested all cash distributions pursuant to FSEP’s distribution reinvestment plan ("DRP"). Since FSEP closed its public ofering in November 2016, and has since issued new shares only pursuant to its DRP, the calculation of FSEP’s Shareholder Returns (Without Sales Charge) for the YTD and 1 year periods assumes that the investor purchased shares at the beginning of the applicable period at a price based upon FSEP’s DRP on such date. Valuation as of the end of each period is the redemption price pursuant to FSEP’s share repurchase program on such date. Shareholder Returns (Without Sales Charge) do not include selling commissions and dealer manager fees, which could total up to 10% of FSEP’s public ofering price. Had such selling commissions and dealer manager fees been included, performance would be lower. Upon liquidation or redemption, market conditions may cause the actual values to be more or less than the values shown.
FSEP is now closed to new investors. FSEP’s total expenses as a percentage of average net assets attributable to common shares was 6.30% for the three months ended March 31, 2019.
The following are some of the risks an investment in our common shares involves; however, you should carefully consider all of the information found in FSEP's annual report on Form 10-K and other reports filed with the SEC.
