Dear Fellow Shareholders,

Economic fundamentals in the U.S. remain strong overall – the unemployment rate, for example, touched 3.8% in May 2018, tied for the lowest level since 1969, and we have now experienced 93 straight months of net job gains. Furthermore, despite being roughly 9 years into an economic expansion, consumer balance sheets remain modestly levered by historical standards, and significantly less levered compared to pre-crisis levels. In addition, given the tailwind from recent tax reform, consumers may be enjoying elevating levels of cash flow to pay down debts, an additional credit positive, particularly if the current tight labor market finally translates into increased wage inflation over the near term. From our perspective, the U.S. consumer overall appears currently well positioned, which has been reflected in strong fundamental performance across consumer credit assets.

While this positive economic backdrop has driven increased valuation levels and strong fundamentals across many asset classes, fixed income investors have faced a difficult environment recently given the impact of rising rates. Many bond investors, especially holders of mid to longer duration assets, suffered negative total returns over the past year as the impact of rising rates more than offset low coupon levels across many pockets within liquid fixed income. Meanwhile, risk assets have continued to perform well – the S&P 500 Index ¹ posted a total return of +14.4% year over year. Short duration liquid credit has also generated attractive returns given continued spread tightening, reflecting strong investor demand for credit-sensitive assets with limited interest rate sensitivity.

Given the current rising rate environment and tight pricing levels across liquid credit, we believe the Fund offers a compelling proposition for income-oriented investors given the low duration, fully amortizing, high coupon nature of the underlying loans. Furthermore, given that the portfolio consists of predominately prime and super-prime consumer loans (and to a lesser extent small business loans), we believe the Fund may serve as an attractive diversifier within a fixed income strategy given that the vast majority of investable credit assets consist of bullet-pay ² corporate credit securities.

The opportunity set across the marketplace lending asset class continues to grow, which has been primarily driven by increased institutional appetite. As the investor base has shifted to a predominately institutional mix, including an increasing pool of buyers participating in marketplace lending securitization offerings, we believe this bodes well for the long term prospects of the asset class given the growing number of sophisticated buyers monitoring loan performance and conducting diligence on the underlying platforms. We continue to be pleased with the underlying fundamental performance of the Fund’s loan portfolio, and believe the asset class, specifically within prime and super-prime credit quality, offers investors a more favorable risk-adjusted return profile versus pricing levels currently offered across many other credit products.

We are pleased to provide you with the 2018 Annual Report for RiverNorth Marketplace Lending Corporation.

Please visit www.rivernorth.com for additional information.

We thank you for your investment and trust in managing your assets.

Respectfully,

Patrick W. Galley, CFA
President and Chief Investment Officer
RiverNorth Marketplace Lending Corporation

What is the Fund’s investment strategy?

The investment objective of The RiverNorth Marketplace Lending Corporation (“the Fund”) is to seek a high level of current income with low duration by investing in loans and securities related to the Marketplace Lending industry. The Adviser believes that the recent growth of the online and mobile marketplace lending industry has created a relatively untapped and attractive investment opportunity. The Adviser seeks to capitalize on this opportunity by purchasing loans created by these online lenders into the Fund. The Fund only buys loans in the United States and, in the consumer loan segment, with a minimum FICO score of 640 at the origination of the loan.

How did RiverNorth Marketplace Lending Corporation perform relative to its benchmark during the reporting period?

From July 1, 2017 through June 30, 2018, the Fund delivered a net of fees return to investors of 2.72%. The Bloomberg Barclays Capital U.S. Aggregate Bond Index (Agg) posted a return of -0.40%.

Comparison of $1,000,000 investment

Comparison of a $1,000,000 Investment in RiverNorth Marketplace Lending Corp.
and Bloomberg Barclays U.S. Aggregate Bond Index

The Growth of $1,000,000 – Since the Fund Inception chart reflects a hypothetical $1,000,000 investment in the Fund. Assumes reinvestment of dividends and capital gains.

See Notes to Financial Statements.

See Notes to Financial Statements.

See Notes to Financial Statements.

See Notes to Financial Statements.

See Notes to Financial Statements.

See Notes to Financial Statements.

1. ORGANIZATION

RiverNorth Marketplace Lending Corporation (the “Fund”) was organized as a Maryland corporation on June 9, 2015, and is registered under the Investment Company Act of 1940, as amended (the “1940 Act”), as a non-diversified closed-end management investment company. The investment adviser to the Fund is RiverNorth Capital Management, LLC (the “Adviser”).

Prior to the Fund’s commencement of operations on September 22, 2016, the only activities of the Fund were organization matters and the sale and issuance of 4,000 shares for $100,000 to the Adviser.

The Fund is operated as an interval fund under Rule 23c-3 of the 1940 Act. As an interval fund, the Fund has adopted a fundamental policy to conduct quarterly repurchase offers for at least 5% and up to 25% of the outstanding shares at NAV, subject to certain conditions. The Fund will not otherwise be required to repurchase or redeem shares at the option of a shareholder. It is possible that a repurchase offer may be oversubscribed, in which case shareholders may only have a portion of their shares repurchased.

The investment objective of the Fund is to seek a high level of current income. The Fund will seek to achieve its investment objective by investing, directly or indirectly, at least 80% of its Managed Assets (the total assets of the Fund, including assets attributable to leverage, minus liabilities (other than debt representing leverage and any preferred stock that may be outstanding)) in marketplace lending investments.

2. SIGNIFICANT ACCOUNTING POLICIES

The following is a summary of significant accounting policies followed by the Fund in preparation of its financial statements. The policies are in conformity with accounting principles generally accepted in the United States of America (“U.S. GAAP”). The Fund is an investment company and, accordingly, follows the investment company accounting and reporting guidance of the Financial Accounting Standards Board Accounting Standards Codification Topic 946.

Use of Estimates: The preparation of the financial statements in accordance with U.S. GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities at the date of the financial statements. The Fund believes that these estimates utilized in preparing the financial statements are reasonable and prudent; however, actual results could differ from these estimates. In the normal course of business, the Fund enters into contracts that contain a variety of representations which provide general indemnifications. The Fund’s maximum exposure under these arrangements is unknown as this would involve future claims that may be made against the Fund that have not yet occurred. However, the Fund expects the risk of loss to be remote.

Federal Income Taxes: The Fund intends to elect to be treated as, and to qualify each year for special tax treatment afforded to, a regulated investment company (“RIC”) under Subchapter M of the Internal Revenue Code (“IRC”). In order to qualify as a RIC, the Fund must, among other things, satisfy income, asset diversification and distribution requirements. As long as it so qualifies, the Fund will not be subject to U.S. federal income tax to the extent that it distributes annually its investment company taxable income (which includes ordinary income and the excess of net short-term capital gain over net long-term capital loss) and its “net capital gain” (i.e., the excess of net long-term capital

gain over net short-term capital loss). The Fund intends to distribute at least annually substantially all of such income and gain. If the Fund retains any investment company taxable income or net capital gain, it will be subject to U.S. federal income tax on the retained amount at regular corporate tax rates. In addition, if the Fund fails to qualify as a RIC for any taxable year, it will be subject to U.S. federal income tax on all of its income and gains at regular corporate tax rates.

Distributions to Shareholders: Distributions to shareholders, which are determined in accordance with income tax regulations, are recorded on the ex-dividend date. The treatment for financial reporting purposes of distributions made to shareholders during the year from net investment income or net realized capital gains may differ from their ultimate treatment for federal income tax purposes. These differences are caused primarily by differences in the timing or character of recognition of certain components of income, expense or realized capital gain for federal income tax purposes. Where such differences are permanent in nature, they are reclassified in the components of the net assets based on their ultimate characterization for federal income tax purposes. Any such reclassification has no effect on net assets, results of operations or net asset values per share of the Fund.

Marketplace Lending: Marketplace lending is a method of financing in which a marketplace lending platform facilitates the borrowing and lending of money while generally not relying on deposits for capital to fund loans. It is considered an alternative to more traditional debt financing done through a bank. There are several different models of marketplace lending but, very generally, a platform typically matches consumers, small or medium-sized businesses or other types of borrowers with investors that are interested in gaining investment exposure to the loans made to such borrowers. Prospective borrowers must disclose or otherwise make available to the platform operator certain financial and other information including, for example, the borrower’s credit score (as determined by a credit reporting agency), income, debt-to-income ratio, credit utilization, employment status, homeownership status, number of existing credit lines, intended use of funds and the number and/or amount of recent payment defaults and delinquencies, certain of which information is then made available to prospective lenders. Often, platforms charge fees to borrowers to cover these screening and administrative costs. The platform uses the information provided by the borrower (along with other relevant data such as the characteristics of the loan) to assign its own credit rating (in the case of most consumer platforms) and the interest rate for the requested loan. In some cases, a platform partners with a bank to originate a loan to a borrower, after which the bank sells the loan to the platform; alternatively, some platforms may originate loans themselves.

Platforms may set minimum eligibility standards for borrowers to participate in marketplace lending arrangements and may limit the maximum permitted borrowings. Depending on the purpose and nature of the loan, its term may, for example, be as short as six months or shorter, or as long as five years. Set forth below is additional information about some of the Fund’s marketplace lending-related investments.

Whole Loans: When the Fund invests directly or indirectly in whole loans, it will typically purchase all rights, title and interest in the loans pursuant to a loan purchase agreement directly from the platform or its affiliate. The platform or a third-party servicer typically continues to service the loans, collecting payments and distributing them to the Fund, less any servicing fees assessed against the Fund, and the servicing entity typically will make all decisions regarding acceleration or enforcement of the loans following any default by a borrower. The Fund has backup servicers in case any platform or affiliate of the platform ceases or fails to perform these servicing functions. The

Fund, as an investor in a whole loan, is entitled to receive payment only from the borrower and/or any guarantor, and is not able to recover any deficiency from the platform, except under very narrow circumstances, which may include fraud by the borrower in some cases. As described above, the whole loans in which the Fund may invest may be secured or unsecured.

Asset-Backed Securities: Pursuant to the Fund’s policies and procedures, the Fund also may invest in Marketplace Loans through special purpose vehicles (“SPVs”) established solely for the purpose of holding assets (e.g., commercial loans) and issuing securities (“asset-backed securities”) secured only by such underlying assets (which practice is known as securitization). The Fund may invest, for example, in an SPV that holds a pool of loans originated by a particular platform. The SPV may enter into a service agreement with the operator or a related entity to ensure continued collection of payments, pursuit of delinquent borrowers and general interaction with borrowers in much the same manner as if the securitization had not occurred.

Investment Income: Interest income is recognized on an accrual basis to the extent that such amounts are expected to be collected and include amortization/ accretion of premiums or discounts.

Investment Transactions: Investment transactions are recorded on the trade date.

Offering Cost: Capital shares’ offering costs are amortized to expense over a 12 month period on a straight-line basis.

3. SECURITIES VALUATION AND FAIR VALUE MEASUREMENTS

Fair value is defined as the price that a Fund might reasonably expect to receive upon selling an investment in a timely transaction to an independent buyer in the principal or most advantageous market for the investment. US GAAP establishes a three-tier hierarchy to maximize the use of observable market data and minimize the use of unobservable inputs and to establish classification of fair value measurements for disclosure purposes.

Inputs refer broadly to the assumptions that market participants would use in pricing the asset or liability, including assumptions about risk, for example, the risk inherent in a particular valuation technique used to measure fair value including using such a pricing model and/or the risk inherent in the inputs to the valuation technique. Inputs may be observable or unobservable. Observable inputs are inputs that reflect the assumptions market participants would use in pricing the asset or liability developed based on market data obtained from sources independent of the reporting entity. Unobservable inputs are inputs that reflect the reporting entity’s own assumptions about the assumptions market participants would use in pricing the asset or liability developed based on the best information available in the circumstances.

Various inputs are used in determining the value of the Fund’s investments. These inputs are summarized in the three broad levels listed below.

The inputs used to measure fair value may fall into different levels of the fair value hierarchy. In such cases, for disclosure purposes, the level in the fair value hierarchy within which the fair value measurement falls in its entirety, is determined based on the lowest level input that is significant to the fair value measurement in its entirety.

Marketplace loans, as an asset class, are not presently traded on a developed secondary market. Therefore, market quotations are not available. Accordingly, all marketplace loans are fair valued as determined in good faith by the Adviser pursuant to policies and procedures approved by the Board of Directors (the “Board”) and subject to the Board’s oversight. The Fund utilizes a third party valuation specialist to provide marketplace loan valuations. The third party valuation specialist provides daily valuations on all marketplace loans. A discounted cash flow model is used by the third party valuation specialist to arrive at a value for each marketplace loan held in the Fund’s portfolio. Discounted cash flow is a valuation technique that provides an estimation of the fair value of an asset based on expectations about cash flows that a marketplace loan would generate over time. In general, the primary inputs of fair value in the marketplace loan valuation model are expected future default rates, prepayment rates, and the discount rate applied. An increase (decrease) to the default rate or discount rate would result in a decrease (incease) of fair values and an increase to prepayment rates would result in an increase of fair values. A discounted cash flow model begins with an estimation of periodic cash flows expected to be generated over a discrete period of time (generally the time remaining until maturity of the loan). The estimated cash flows for each interval period (generally monthly) are then converted to their present value equivalent using a rate of return appropriate for the risk of achieving projected cash flows. Although not exhaustive, discounted cash flow models factor in borrower level data. Loans made to small businesses may incorporate different factors.

The Board will initially and periodically review the methodology used in determining the values of marketplace loans. The Board will further consider how changes in the markets may affect the factors utilized in the models and the frequency of reevaluation.

The value of asset-backed securities are determined by the forecasted performance of the underlying loans in the pool; this forecasted performance takes into account the realized historical loss and prepayment performance of the pool to date. The priority of the securitization class and the claim on cash flow in the transaction is also taken into account. The classes of asset-backed securities the Fund holds are residual classes, which would be adversely effected by deterioration in credit performance of the loan pool.

The following is a summary of the inputs used at June 30, 2018 to value the Fund’s assets:

The changes of the fair value of investments for which the Fund has used Level 3 inputs to determine the fair value are as follows:

The table below provides additional information about the Level 3 Fair Value Measurements as of June 30, 2018:

It is the Fund’s policy to recognize transfers into and out of all levels at the end of the reporting period.

There were no transfers into and out of Levels 1, 2, and 3 during the current period presented.

4. INVESTMENT ADVISORY FEE AND OTHER TRANSACTIONS WITH AFFILIATES

The Adviser serves as the investment adviser to the Fund. For its services under the Investment Advisory Agreement, the Fund pays the Adviser a monthly management fee computed at the annual rate of 1.25% of the average monthly Managed Assets. The Adviser has agreed to waive a portion of such management fee for the first two years of the Investment Advisory Agreement and, therefore, the Fund will pay a monthly management fee computed at an annual rate of 0.95% of the average monthly Managed Assets for such two year period. “Managed Assets” means the total assets of the Fund, including assets attributable to leverage, minus liabilities (other than debt representing leverage and any preferred stock that may be outstanding). In addition to the monthly advisory fee, the Fund pays all other costs and expenses of its operations, including, but not limited to, compensation of its directors (other than those affiliated with the Adviser), custodial expenses, transfer agency and dividend disbursing expenses, legal fees, expenses of independent auditors, expenses of repurchasing shares, expenses of any leverage, expenses of preparing, printing and distributing prospectuses, shareholder reports, notices, proxy statements and reports to governmental agencies, and taxes, if any. In addition, the Adviser has agreed to waive or reimburse expenses of the Fund (other than brokerage fees and commissions; loan servicing fees; borrowing costs such as (i) interest and (ii) dividends on securities sold short; taxes; indirect expenses incurred

by the underlying funds in which the Fund may invest; the cost of leverage; and extraordinary expenses) to the extent necessary to limit the Fund’s total annual operating expenses at 1.95% of the average daily Managed Assets for that period. The Adviser may recover from the Fund expenses reimbursed for three years after the date of the payment or waiver if the Fund’s operating expenses, including the recovered expenses, falls below the expense cap. During the year ended June 30, 2018, the Adviser reimbursed $307,801 and recouped $816,773. In future periods, the Adviser may recoup fees as follows:

U.S. Bancorp Fund Services, LLC (“USBFS”) provides the Fund with fund administration and fund accounting services.

DST Systems, Inc. serves as transfer, dividend paying and shareholder servicing agent for the Fund (“Transfer Agent”).

Officers of the Fund and Directors who are “interested persons” of the Fund or the Adviser received no salary or fees from the Fund, except for the Chief Compliance Officer. Each Director who is not an “interested person” received a fee of $16,500 per year plus $1,500 per meeting attended. In addition, the lead Independent Director receives $250 annually, the Chair of the Audit Committee receives $500 annually, and the Chair of the Nominating and Corporate Governance Committee receives $250 annually. The Fund reimburses each Director and Officer for his or her travel and other expenses relating to the attendance at such meetings.

The Adviser provides a Chief Compliance Officer to the Fund. For the year ended June 30, 2018, the Fund incurred expenses of $44,500 for these services. In addition, the Fund owed the Adviser $2,500 for such expenses as of June 30, 2018.

5. FEDERAL INCOME TAXES

It is the Fund’s policy to meet the requirements of the Internal Revenue Code applicable to regulated investment companies, and to distribute all of their taxable net income to their shareholders. In addition, the Fund intends to pay distributions as required to avoid imposition of excise tax. Therefore, no federal income tax provision is required.

Tax Basis of Distributions to Shareholders: The character of distributions made during the year from net investment income or net realized gains may differ from its ultimate characterization for federal income tax purposes. Also, due to the timing of dividend distributions, the fiscal year in which amounts are distributed may differ from the fiscal year in which the income or realized gain were recorded by a Fund.

The tax character of distributions paid by the Fund during the fiscal year ended June 30, 2018, was as follows:

Components of Distributable Earnings on a Tax Basis: The tax components of distributable earnings are determined in accordance with income tax regulations which may differ from the composition of net assets reported under GAAP. Accordingly, for the year ended June 30, 2018, certain differences were reclassified. These differences were primarily due to recharacterization of realized capital gains (losses) as ordinary income (loss); the amounts reclassified did not affect net assets. The reclassifications were as follows:

At June 30, 2018, the components of distributable earnings on a tax basis for the Funds were as follows:

Unrealized Appreciation and Depreciation on Investments: The amount and character of income and capital gain distributions to be paid, if any, are determined in accordance with federal income tax regulations, which may differ from U.S. generally accepted accounting principles.

As of June 30, 2018, net unrealized appreciation (depreciation) of investments based on federal tax costs was as follows:

The Fund recognizes the tax benefits of uncertain tax positions only where the position is “more likely than not” to be sustained assuming examination by tax authorities. Management has analyzed the Fund’s tax positions, and has concluded that no liability for unrecognized tax benefits should be recorded related to uncertain tax positions taken on U.S. tax returns and state tax returns filed since inception of the Fund. No income tax returns are currently under examination. All tax years since commencement of operations remain subject to examination by the tax authorities in the United States. The Fund is not aware of any tax positions for which it is reasonably possible that the total amounts of unrecognized tax benefits will change materially in the next 12 months.

6. INVESTMENT TRANSACTIONS

Investment transactions for the year ended June 30, 2018, excluding U.S. Government Obligations and short-term investments, were as follows:

7. REDEEMABLE PREFERRED STOCK

At June 30, 2018, the Fund had issued and outstanding 1,656,000 shares of Series A Preferred Stock, listed under trading symbol RMPL on the New York Stock Exchange, with a par value of $0.0001 per share and a liquidation preference of $25.00 per share plus accrued and unpaid dividends (whether or not declared). The Fund issued 1,440,000 and 216,000 shares of Series A Preferred Stock on October 25, 2018 and October 30, 2018, respectively. The Series A Preferred Stock is entitled to a dividend at a rate of 5.875% per year based on the $25.00 liquidation preference before the common stock is entitled to receive any dividends. The Series A Preferred Stock is redeemable at $25.00 per share plus accrued and unpaid dividends (whether or not declared) exclusively at the Fund’s option commencing on October 31, 2020. Issuance costs related to Series A Preferred Stock of $1,558,000 are deferred and amortized over the period the Series A Preferred Stock is outstanding.

The Series A Preferred Stock ranks senior to the common stock of the Fund.

8. REVOLVING CREDIT FACILITY

On September 5, 2017, the Fund entered into a $20,000,000 revolving credit facility with Huntington National Bank. The credit facility has an initial two-year term. The Fund incurred a $50,000 administrative fee upon entering into the credit facility. On April 4, 2018, the Fund amended its existing credit agreement and entered into a $70,000,000 revolving credit facility with Huntington National Bank. The Fund incurred a $293,000 administrative fee upon entering into the amended credit agreement. The credit facility has a variable annual interest rate equal to one-month LIBOR plus 2.00 percent. The credit facility will accrue a commitment fee equal to an annual rate of 0.25 percent on the daily unused amount of $70,000,000.

The average principal balance and interest rate for the period during which the credit facility was utilized for the year ended June 30, 2018 was approximately $14,500,000 and 3.57 percent, respectively. At June 30, 2018, the principal balance outstanding was $35,000,000 at an interest rate of 3.98 percent, which also approximates the estimated fair value of the outstanding credit facility balance. The maximum amount outstanding for the year ended June 30, 2018 was $37,000,000.

Debt issuance costs related to the credit facility of $384,000 are deferred and amortized over the period of the credit agreement.

9. INDEMNIFICATIONS

Under the Fund’s organizational documents, its officers and Directors are indemnified against certain liability arising out of the performance of their duties to the Fund. Additionally, in the normal course of business, the Fund enters into contracts with service providers that may contain general indemnification clauses. The Fund’s maximum exposure under these arrangements is unknown, as this would involve future claims that may be made against the Fund that have not yet occurred.

For information regarding the repurchase offer with a repurchase offer date of June 11, 2018, see Note 12.

12. SUBSEQUENT EVENTS

On June 11, 2018, the Fund issued a repurchase offer. On July 12, 2018, 796,716 shares were repurchased based on a net asset value per share of $23.27 at July 11, 2018.

On July 20, 2018, the Board declared a Series A Preferred Stock cash dividend in the amount of $0.3672 per share, payable on August 15, 2018 to preferred shareholders of record on August 1, 2018 with an ex date of July 31, 2018.

The Fund has performed an evaluation of subsequent events through the date the financial statements were issued and has determined that no additional items require recognition or disclosure other than as noted above.

To the Shareholders and Board of Directors
RiverNorth Marketplace Lending Corporation:

Opinion on the Financial Statements

We have audited the accompanying statement of assets and liabilities of RiverNorth Marketplace Lending Corporation (the “Fund”), including the summary schedule of investments, as of June 30, 2018, the related statements of operations and cash flows for the year then ended, the statements of changes in net assets for the year then ended and the period from September 22, 2016 (commencement of operations) through June 30, 2017, and the related notes (collectively, the financial statements) and the financial highlights for the year then ended and the period from Septebmber 22, 2016 through June 30, 2017. In our opinion, the financial statements and financial highlights present fairly, in all material respects, the financial position of the Fund as of June 30, 2018, the results of its operations for the year then ended, and the changes in its net assets and the financial highlights for the year then ended and the period from September 22, 2016 through June 30, 2017, in conformity with U.S. generally accepted accounting principles.

Basis for Opinion

These financial statements and financial highlights are the responsibility of the Fund’s management. Our responsibility is to express an opinion on these financial statements and financial highlights based on our audits. We are a public accounting firm registered with the Public Company Accounting Oversight Board (United States) (PCAOB) and are required to be independent with respect to the Fund in accordance with the U.S. federal securities laws and the applicable rules and regulations of the Securities and Exchange Commission and the PCAOB.

We conducted our audits in accordance with the standards of the PCAOB. Those standards require that we plan and perform the audit to obtain reasonable assurance about whether the financial statements and financial highlights are free of material misstatement, whether due to error or fraud. Our audits included performing procedures to assess the risks of material misstatement of the financial statements and financial highlights, whether due to error or fraud, and performing procedures that respond to those risks. Such procedures included examining, on a test basis, evidence regarding the amounts and disclosures in the financial statements and financial highlights. Such procedures also included confirmation of securities owned as of June 30, 2018, by correspondence with custodians and other appropriate auditing procedures. Our audits also included evaluating the accounting principles used and significant estimates made by management, as well as evaluating the overall presentation of the financial statements and financial highlights. We believe that our audits provide a reasonable basis for our opinion.

We have served as the auditor of the Fund since 2015.

Chicago, Illinois
August 29, 2018

PROXY VOTING POLICY

A description of the Fund’s proxy voting policies and procedures is available (1) without charge, upon request, by calling 1-855-830-1222, (2) on the Fund’s website located at http://www.rivernorth.com/interval-closed-end-funds/rmplx, or (3) on the SEC’s website at http://www.sec.gov. Information regarding how the Fund voted proxies relating to portfolio securities during the period ended June 30th is available on the SEC’s website at http://www.sec.gov.

PORTFOLIO HOLDINGS DISCLOSURE POLICY

The Fund files a complete schedule of investments with the SEC for the first and third quarter of each fiscal year on Form N-Q. The Fund’s first and third quarters end on March 31 and September 30. The Form N-Q filing must be made within 60 days of the end of the quarter. The Fund’s Form N-Q are available on the SEC’s website at www.sec.gov, or they may be reviewed and copied at the SEC’s Public Reference Room in Washington, DC (call 1-800-732-0330 for information on the operations of the Public Reference Room). You may also obtain copies by calling the Fund at 1-888-848-7569.

TAX INFORMATION

The Fund designated 90.57% of its taxable ordinary income distributions as interest related dividends under Internal Revenue Code §871(k)(1)(C).

PRIVACY POLICY

The Fund is committed to ensuring your financial privacy. This notice is being sent to comply with privacy regulations of the Securities and Exchange Commission. The Fund has in effect the following policy with respect to nonpublic personal information about its customers: