Aug. 28 at 7:33 PM
The N2-A will probably be filed around 9/18/26 (+/-). Then the clock starts ticking and the offer should expire by 11/20/26. There will be 3 more distributions at 12.15 cents for
$CLM and 11.76 cents for
$CRF. If the S&P 500 stays flat between now and then, NAV for CLM could be
$5.95 and CRF could be
$5.76, based on NAVs from last Friday (8/21/26). You can deduct 36 cents from this week's NAV to update the numbers. At the 104% offering rate, CLM would be
$6.19 and CRF would be
$5.99. This is just an estimate, and if the S&P climbs higher, or drops lower, things will change. Good Luck Everyone.