| Investment Objective | - The Fund’s investment objective is to provide a high level of total return with an emphasis on making quarterly distributions to shareholders.
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| Investment Strategy | - The Fund seeks to achieve its investment objective by investing at least 80% of its total assets in securities of MLPs and other energy companies.
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| Investment Policies | - At least 80% of total assets in securities of MLPs and other Energy Infrastructure Companies
- At least 50% of total assets in Midstream MLPs and Midstream Energy Infrastructure Companies
- Up to 50% of total assets in restricted or unregistered securities
- Up to 10% of total assets in privately held company investments
- No more than 25% of total assets in debt securities of Energy Infrastructure Companies
- No more than 10% of total assets in any single issuer other than subsidiaries of the Fund
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| Hedging & Risk Management | - We may use various hedging and other risk management strategies to seek to manage various risks including market, credit and tail risks.
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| Leverage | - Leverage targeted at 25% of total assets.
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| Quarterly Distributions | - The Fund intends to pay its common shareholders quarterly cash distributions. The Fund expects that it will declare a distribution approximately 45-60 days and pay a distribution no later than 90 days from the completion of the offering (May 25, 2011). The Fund anticipates fully investing the proceeds from the offering in approximately 3 to 6 months.
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| Distribution Reinvestment | - Unless investors or their advisors request otherwise, all quarterly distributions will be used to buy additional shares of the Fund. Systematic investing does not ensure profit, nor does it protect against loss in a declining market.
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| Management Fee | - Base management fee of 1.00% of managed assets after 0.20% fee reduction in first two years. Payable monthly.
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| Investor Tax Reporting | |