This notice discloses information on the sources of the distribution as required by SEC Rule 19(a) of the Investment Company Act of 1940. As of the date of this press release and based on the Company’s results and estimates for the current quarter, the current distribution of $0.152 per share would include approximately 0%, 100%, and 0% from net investment income, capital gains, and return of capital, respectively. The Company’s distributions are not tied to its investment income or realized capital gains, if any, and do not represent yield or investment return.
The amounts and sources of distributions reported in this press release are only estimates and are not being provided for tax reporting purposes. The actual amounts and sources of the amounts for tax reporting purposes will depend upon the Company’s investment experience during the entirety of its fiscal year and may be subject to changes based on tax regulations. In early 2014, the Company intends to send a Form 1099-DIV for the calendar year concerning the tax treatment of the dividend distributions that were paid to shareholders of record during the 12 months ended December 31, 2013.
About Self Storage Group, Inc.
Self Storage Group, Inc. is a non-diversified closed end investment management company whose common stock is traded over the counter under the ticker symbol “SELF.” The primary investment objective of the Company is to provide a high level of income, with capital appreciation as a secondary objective. On February 29, 2012, shareholders approved a proposal to change the Company’s business from an investment management company to an operating company that owns, operates, manages, acquires, develops and redevelops professionally managed self storage facilities (the “Business Proposal”). Until the Business Proposal is fully implemented, the Company’s Board of Directors has the power to change or modify the Business Proposal if it concludes that doing so would be in the best interests of the Company and its stockholders. Subject to the discretion of the Board of Directors, the Company intends to apply to the Securities and Exchange Commission to deregister as an investment company.