Item 1. Legal Proceedings
Item
1. Legal Proceedings
The
Trust, the Fund and the Sponsor are not currently subject to any material legal proceedings. To our knowledge, there is no material
legal proceedings threatened against the Trust, the Fund or the Sponsor. From time to time, we may be a party to certain legal
proceedings in the ordinary course of business, including proceedings relating to the enforcement of our rights under contracts
with our portfolio companies. While the outcome of these proceedings cannot be predicted with certainty, we do not expect that
these proceedings will have a material effect upon our financial condition or results of operations.
Item
1A. Risk Factors applicable to Funds
Not
applicable to smaller reporting companies.
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