Current investors will receive documents for FS Energy Total Return Fund’s repurchase offer in October 2017. While most investors will receive physical copies in the mail, those investors who have elected electronic delivery will receive their documentation via email. The quarterly repurchase offer is scheduled to expire at 4:00 PM Eastern Time on November 13, 2017.

For your convenience, a link to the applicable repurchase documents can be found here.

Source of Distribution Notice 19-a

Subject to the limitations contained in the Fund’s repurchase offer documents, we expect repurchase requests to be processed in November 2017.

If your clients have no desire to tender their shares, they may disregard these materials.

The repurchase offer does not constitute an offer to buy or the solicitation of an offer to sell securities in any circumstance or jurisdiction in which such offer or solicitation is unlawful. Each repurchase offer is being made solely pursuant to terms and conditions set forth in the Fund’s repurchase offer notice, repurchase offer terms and the related repurchase request form. Investors are strongly encouraged to read carefully the applicable offer to purchase and any documents incorporated by reference therein, which are filed with the U.S. Securities and Exchange Commission.

For more information, please call our Client Relations team at 877-628-8575.