b'02IntervalFundsAn interval fund is a registered hybrid type of closed-end fund that engages in continuous offerings of its shares and periodic offers to repurchase its shares from shareholders. Interval funds conduct their repurchase offers pursuant to policies adopted by their boards in accordance with Rule 23c-3 under the 1940 Act, and the frequency, amount, and timing of such repurchases are set pursuant to Rule 23c-3.'