Page 2 of 2 – SEC Filing
(a) As per the N-CSR filed on January 8, 2018, there were 7,418,948 shares
of common stock outstanding as of October 31, 2017. The percentages set forth
herein were derived using such number. Phillip Goldstein, Andrew Dakos and
Steven Samuels own Bulldog Investors, LLC, a registered investment advisor.
As of March 8, 2018, Bulldog Investors, LLC is deemed to be the beneficial
owner of 474,510 shares of SGF (representing 6.40% of SGF’s outstanding
shares) solely by virtue of Bulldog Investors LLC’s power to direct the vote
of,and dispose of, these shares. These 474,510 shares of SGF include 202,379
shares (representing 2.73% of SGF’s outstanding shares) that are beneficially
owned by Messrs Goldstein, Samuels and Dakos and the following entities over
which Messrs. Goldstein, Dakos and Samuels exercise control: Opportunity
Partners LP, Calapasas West Partners LP, Full Value Special Situations
Fund, LP, Full Value Partners, LP, Opportunity Income Plus, LP, and MCM
Opportunity Partners, LP (collectively,”Bulldog Investors Group of Funds”).
Messrs. Goldstein, Samuels and Dakos and the Bulldog Investors Group of
Funds may be deemed to constitute a group.
All other shares included in the aforementioned 474,510 shares of SGF
beneficially owned by Bulldog Investors, LLC (solely by virtue of its power
to sell or direct the vote of these shares) are also beneficially owned by
clients of Bulldog Investors, LLC who are not members of any group. The
total number of these “non-group” shares is 272,131 shares (representing
3.67% of SGF’s outstanding shares).
(b)Bulldog Investors,LLC has sole power to dispose of and vote 202,379 shares.
Bulldog Investors, LLC has shared power to dispose of and vote 272,131 shares.
Certain of Bulldog Investors, LLC’s clients (none of whom beneficially own more
than 5% of SGF’s shares) share this power with Bulldog Investors, LLC. Messrs.
Goldstein, Dakos and Samuels are control persons of Bulldog Investors, LLC.
c) During the past 60 days the following shares of SGF were bought:
Date: Shares: Price:
01/16/18 25,000 13.1422
01/17/18 1,000 13.1000
02/14/18 400 12.7700
02/15/18 3,520 12.9910
02/20/18 3,000 13.0000
02/26/18 7,700 13.3152
02/27/18 2,174 13.2038
03/06/18 12,420 13.0924
03/08/18 17,500 12.9951
d) Clients of Bulldog Investors, LLC are entitled to receive any dividends or
sales proceeds.
e) N/A
ITEM 6. CONTRACTS,ARRANGEMENTS,UNDERSTANDINGS OR RELATIONSHIPS
WITH RESPECT TO SECURITIES OF THE ISSUER.
N/A
ITEM 7. MATERIAL TO BE FILED AS EXHIBITS
None
After reasonable inquiry and to the best of my knowledge
and belief, I certify that the information set forth in this
statement is true, complete and correct.
Dated: 3/9/18
By: /S/ Phillip Goldstein
Name: Phillip Goldstein
By: /S/ Andrew Dakos
Name: Andrew Dakos
By: /S/ Steven Samuels
Name: Steven Samuels
Bulldog Investors, LLC
By: /s/ Andrew Dakos
Andrew Dakos, Member
Footnote 1: The reporting persons disclaim beneficial ownership except
to the extent of any pecuniary interest therein.
