6 unchanged sentences
Any of the foregoing limits might prevent us from accommodati ng all redemption requests made in any fiscal quarter or in any 12-month pe riod.
−Removed: As of June 30, 2025, the most recent estimated per share NAV was $5.22, which was determined by the Board on March 20, 2025 using a valuation date of December 31, 2024.
+Added: As of September 30, 2025, the most recent estimated per share NAV was $5.22, which was determined by the Board on March 20, 2025 using a valuation date of December 31, 2024.
In general, we redeem shares on a quarterly basis.
1 unchanged sentence
Any redemption capacity that is not used as a result of the withdrawal or rejection of redemption requests may be used to satisfy the redemption requests of other stockholders received for that fiscal quarter, and such redemption payments may be made at a later time than when that quarter’s redemption payments are made.
−Removed: During the three months ended June 30, 2025, we redeemed shares, including those redeemable due to death, as follows:
+Added: During the three months ended September 30, 2025, we redeemed shares, including those redeemable due to death, as follows:
Redeemed Average Price
6 unchanged sentences
Plans or Programs
−Removed: April 1, 2025 - April 30, 2025 25,237 $ 6.09 25,237 (3)
−Removed: May 1, 2025 - May 31, 2025 1,691,370 $ 5.22 1,691,370 (3)
−Removed: June 1, 2025 - June 30, 2025 49,288 $ 5.26 (2) 49,288 (3)
+Added: July 1, 2025 - July 31, 2025 7,228 $ 5.22 7,228 (3)
+Added: August 1, 2025 - August 31, 2025 1,483,973 $ 5.24 (2) 1,483,973 (3)
+Added: September 1, 2025 - September 30, 2025 97,510 $ 5.25 (2) 97,510 (3)
Total 1,588,711 1,588,711 (3)
8 unchanged sentences
Compared sentence by sentence after normalising whitespace, quotation marks, case and digits, so re-formatting and restated figures do not read as changed language. Wording changes appear as one removal and one addition. The current filing and the prior one are authoritative.