• A transferable rights offering provides investors of a fund the opportunity, but not the obligation to acquire new shares of the fund at below market price during a specific offering period.
• Shareholders receive a set number of rights based on how many shares they already own.
• A specific number of rights are required to purchase each additional share.
• Additional shares are purchased at a subscription price which is calculated using a specific formula. This formula usually provides a discount to the market price and/or net asset value.
• In a transferable rights offering, shareholders that do not wish to participate have the option to sell their rights in the open market. The rights have their own ticker symbol and trade on the New York Stock Exchange.
• Rights offerings provide a way for closed-end funds to raise additional capital quickly, in order to capitalize on attractive market opportunities, with the ultimate goal of enhancing returns to shareholders.

• Fund management believes the result of the investment of this additional capital will benefit all shareholders.
• The Advisor believes this is an attractive time to raise additional assets for the Fund based on several factors, including the following potential benefits:
  • Portfolio opportunities: attractive valuations and yields in certain global high-income asset classes provides the potential to enhance portfolio yields and fund earnings while improving the potential for investment performance for all common shareholders.
  • Tax-efficiency: potential to re-balance the portfolio to new opportunities without the need to sell existing portfolio positions, which may reduce taxable events for common shareholders.
  • Benefit for common shareholders: the Offer provides common shareholders with an opportunity to buy new Common Shares below market price.
  • Enhanced liquidity: the Offer creates the potential for increased trading volume and liquidity of Common Shares.
  • Lower expense ratio: the Offer is expected to spread fixed operating costs across a larger asset base.

• Subscription period: October 21, 2025 – November 20, 2025 (at 5 PM EST)*
• Record Date: October 21, 2025
• JGH trades Ex-Rights on October 21, 2025
• Date Rights begin trading: October 20, 2025 on a when-issued basis
• Date Rights Cease Trading: November 19, 2025 at the close of the NYSE* 

*Unless the offering is extended

• If there are unexercised rights, shareholders of record on October 21, 2025, who fully exercise all rights initially issued to them are permitted to subscribe for additional common shares that were not subscribed for by other record date common shareholders at the subscription price (over-subscription privilege).
• Over-subscription shares may only be acquired if there are unexercised rights.
• If over-subscription requests exceed the number of available shares (from unexercised rights), then the available shares will be allocated pro-rata based on the number of rights originally awarded.
• Rights acquired in the secondary market are not eligible for the over-subscription privilege.

• If the fund’s offering is over-subscribed (requests for more than the total shares offered), then the Board of Trustees may authorize the issuance of up to an additional 25% of the offering’s shares.
• Only shareholders of record on October 21, 2025, who fully exercise all rights initially issued to them, and have requested additional shares, may participate in any secondary oversubscription.
• Rights acquired in the secondary market are not eligible for a potential secondary over-subscription.

• Shareholders have three options:
• Subscribe for new common shares in the offering (partial, full or over-subscription).
• Do nothing, in which case the rights will expire worthless.
• Sell rights on the secondary market under the ticker JGH RT

Shares acquired in the offering will not be eligible for either of the distributions declared in October or November that are payable in November and December, respectively. However, newly acquired shares will be eligible for the December distribution that is payable at the end of December.

• To exercise your rights, contact your broker or financial advisor who can forward your instructions on your behalf.
• If you do not have a broker or financial advisor, you should complete the subscription certificate and deliver it to the subscription agent, together with your payment, at one of the locations indicated on the subscription certificate. If you need assistance you can call the Information Agent, Georgeson LLC, toll-free at (866) 989-7750.

• The awarded rights will have no cost basis.  Therefore, investors that do not exercise their rights, and allow them to expire will not incur a loss.
• Rights purchased in the secondary market will assume a cost basis equal to the purchase price. Therefore, any rights purchased in the secondary market that go unexercised will result in in a capital loss equal to the purchase price.
• Any rights sold in the secondary market will be considered a capital gain or loss.
• The cost basis for shares acquired through the exercise of rights will equal the cost of the right (if any) plus the subscription price.
• Investors can find further information in the offering prospectus.
• Investors are urged to consult their own tax advisors to determine the tax consequences of the rights offering and investing in the Fund.

No. However, their rights can be sold. They should contact their financial advisor or intermediary, or if they do not have one, contact the Information Agent toll-free at (866) 989-7750.