The Company ended Q3 2019 with a fairly defensive positioning. Accounting for GBP/USD exchange rate movements and the dividend paid, the Company returned -3.6% to its shareholders in the third quarter of 2019, measured in USD. The Company paid a quarterly dividend of $1.84 cents (1.5p) and the book value was $0.88 at quarter end. The portfolio rebounded significantly in September with a return of 3.0%.