First Eagle Senior Loan Fund, formerly THL Credit Senior Loan Fund, is a closed-end management investment company (the Fund). The Fund's investment objective is to invest in the United States dollar-denominated senior secured corporate loans and notes (Senior Loans). Under normal market conditions, the Fund invests at least 80% of its Managed Assets in collateralized, first lien corporate loans and notes. The Fund may also invest up to 20% of its managed assets in other securities, including high yield securities, notes, bonds, convertible securities, second lien loans and other subordinated debt and collateralized loan obligations. The Fund's investments in high yield bonds, not including Senior Loans, is be limited to 10% of the Fund's managed assets. First Eagle Alternative Credit, LLC is the Fund's investment advisor.
More about the company