Interval Funds

Nov 16. 20:03

FS Energy Total Return Fund Files for Deregistration

The FS Energy Total Return Fund filed for reorganization on May 4, 2020. The fund was Effective as of March 8, 2017 and operated for 3+ years. At the time of reorganization, the fund was managed by Faegre Drinker Biddle & Reath LLP. The fund had a max of $60,145,000 in total assets during its existence as filed in June of 2019. The fund listed reorganization as the reason for deregistration after a shareholder vote as noted in a March 26, 2020 filing.

The fund listed reorganization as the reason for deregistration. As noted in a July 9, 2020 filing:

“On December 11, 2019, the Board of Trustees of the Fund approved an Agreement and Plan of Reorganization (the “Plan”) providing for the reorganization of the Fund into a newly organized series (the “Acquiring Fund”) of FS Series Trust (the “Trust”). The reorganization of the Fund is subject to approval by its shareholders.”

Learn more about deregistering interval funds here.