UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, DC 20549
CERTIFIED SHAREHOLDER REPORT OF REGISTERED MANAGEMENT
INVESTMENT COMPANIES
Investment Company Act file number 811-04706
(Exact name of registrant as specified in charter)
300 S.E. 2nd Street, Fort Lauderdale, FL
33301-1923
(Address of principal executive offices) (Zip code)
Alison Baur, One Franklin Parkway, San Mateo, CA
94403-1906
(Name and address of agent for service)
Registrant's telephone number, including area code:(954)527-7500
Date of fiscal year end: 12/31
Date of reporting period: 6/30/23
Item 1. Reports to
Stockholders.
The
following is a copy of the report transmitted to shareholders pursuant to
Rule30e-1 under the Investment Company Act of 1940, as amended (the “1940 Act”)
(17 CFR 270.30e-1.)
Include a
copy of each notice transmitted to stockholders in reliance on Rule 30e-3 under
the Act (17 CFR 270.30e-3) that contains disclosures specified by paragraph
(c)(3) of that rule.
Not Applicable
.
(a) The
Registrant has adopted a code of ethics that applies to its principal executive
officers and principal financial and accounting officer.
(c) N/A
(d) N/A
(f)
Pursuant to Item 13(a)(1), the Registrant is attaching as an exhibit a copy of
its code of ethics that applies to its principal executive officers and
principal financial and accounting officer.
Item 3. Audit Committee
Financial Expert.
(a)(1) The
Registrant has an audit committee financial expert serving on its audit
committee.
(2) The
audit committee financial experts are Ann Torre Bates and David W. Niemiec and they
are "independent" as defined under the relevant Securities and
Exchange Commission Rules and Releases.
Principal Accountant Fees
and Services. N/A
Item
5. Audit Committee
of Listed Registrants.
N/A Item
6. Schedule of Investments.
N/A
Item
7
. Disclosure of Proxy Voting
Policies and Procedures for Closed-End Management Investment Companies. N/A
Item 8. Portfolio Managers
of Closed-End Management Investment Companies. N/A
Item
9. Purchases of Equity Securities by Closed-End Management Investment Company
and Affiliated Purchasers. N/A
Item 10. Submission of
Matters to a Vote of Security Holders.
There have been no changes to the procedures by which
shareholders may recommend nominees to the Registrant's Board of Trustees that
would require disclosure herein.
Item 11. Controls and
Procedures.
(a) Evaluation of
Disclosure Controls and Procedures.
The Registrant maintains disclosure controls and
procedures that are designed to provide reasonable assurance that information
required to be disclosed in the Registrant’s filings under the Securities
Exchange Act of 1934, as amended, and the Investment Company Act of 1940 is recorded,
processed, summarized and reported within the periods specified in the rules
and forms of the Securities and Exchange Commission. Such information is
accumulated and communicated to the Registrant’s management, including its
principal executive officer and principal financial officer, as appropriate, to
allow timely decisions regarding required disclosure. The Registrant’s
management, including the principal executive officer and the principal financial
officer, recognizes that any set of controls and procedures, no matter how well
designed and operated, can provide only reasonable assurance of achieving the
desired control objectives.
Within 90 days prior to the filing date of this
Shareholder Report on Form N-CSRS, the Registrant had carried out an
evaluation, under the supervision and with the participation of the Registrant’s
management, including the Registrant’s principal executive officer and the
Registrant’s principal financial officer, of the effectiveness of the design
and operation of the Registrant’s disclosure controls and procedures. Based on
such evaluation, the Registrant’s principal executive officer and principal
financial officer concluded that the Registrant’s disclosure controls and
procedures are effective.
(b) Changes in
Internal Controls.
There have
been no changes in the Registrant’s internal control over financial reporting
that occurred during the period covered by this report that has materially
affected, or is reasonably likely to materially affect the internal control over
financial reporting.
Item 12. Disclosure of
Securities Lending Activities for Closed-End Management Investment Company. N/A
(a)(2) Certifications pursuant
to Section 302 of the Sarbanes-Oxley Act of 2002 of Matthew T. Hinkle, Chief
Executive Officer - Finance and Administration, and Christopher Kings, Chief
Financial Officer, Chief Accounting Officer and Treasurer
(a)(2)(1) There were no
written solicitations to purchase securities under Rule 23c-1 under the Act
sent or given during the period covered by the report by or on behalf of the
Registrant to 10 or more persons.
(a)(2)(2) There was no change
in the Registrant’s independent public accountant during the period covered by
the report.
(b) Certifications pursuant
to Section 906 of the Sarbanes-Oxley Act of 2002 of Matthew T. Hinkle, Chief
Executive Officer - Finance and Administration, and Christopher Kings, Chief
Financial Officer, Chief Accounting Officer and Treasurer
Pursuant to the requirements
of the Securities Exchange Act of 1934 and the Investment Company Act of 1940,
the registrant has duly caused this report to be signed on its behalf by the undersigned,
thereunto duly authorized.
By S\MATTHEW T. HINKLE______________________
Chief Executive Officer
- Finance and Administration
Pursuant to the requirements
of the Securities Exchange Act of 1934 and the Investment Company Act of 1940,
this report has been signed below by the following persons on behalf of the
registrant and in the capacities and on the dates indicated.
By S\MATTHEW T. HINKLE______________________
Chief Executive Officer
- Finance and Administration
By S\CHRISTOPHER KINGS______________________
Chief Financial
Officer, Chief Accounting Officer and Treasurer