Generate current income and, to a lesser extent, long-term capital appreciation
FSIC II is a business development company (BDC) designed to provide a high level of current income. The fund primarily invests in floating rate, senior secured loans of private U.S. middle market companies.
FSIC II Advisor, LLC
An affiliate of FS Investments
Stockholder returns (without sales charge) 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 YTD and 1-year periods, the calculation assumes that the investor purchased shares at FSIC II’s public offering price, excluding selling commissions and dealer manager fees, at the beginning of the applicable period and reinvested all cash distributions pursuant to FSIC II’s distribution reinvestment plan (DRP). Since FSIC II closed its public offering in March 2014 and has since issued new shares only pursuant to its DRP, the calculation of FSIC II’s stockholder 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 FSIC II’s DRP price on such date. Valuation as of the end of each period is the repurchase price pursuant to FSIC II’s share repurchase program on such date. Stockholder returns (without sales charge) do not include selling commissions and dealer manager fees, which could total up to 10% of FSIC II’s public offering price. Had such selling commissions and dealer manager fees been included, performance would be lower. Upon liquidation or repurchase, market conditions may cause the actual values to be more or less than the values shown.
The stockholder returns reflect FSIC II’s expenses for each period shown. FSIC II’s total expenses as a percentage of average net assets attributable to common stock was 8.59% for the year ended December 31, 2015.
An investment in the common stock of FSIC II involves a high degree of risk and may be considered speculative. The following are some of the risks an investment in FSIC II’s common stock involves; however, you should carefully consider all of the information found in FSIC II’s annual report on Form 10-K and other periodic reports filed with the SEC before deciding to invest in shares of FSIC II’s common stock.