The Snowball will need to build a new position to replace VSL as it winds down.

Deleted from the watch list of the higher yielding shares.

BSIF,FGEN,NESF,RECI,RGL,SEIT and VSL as they are already in the Snowball.

NCYF,HFEL,TFIF,MGCI and SDV as they currently trade at a premium to NAV.

Deleted

GSF as that ship has already sailed.

SHIP,GRP as they are quoted in U$, another layer of complexity, unless you trade from over the pond.

The final decision would be if you want to add diversification to your Snowball or buy another Trust in a sector where you think the safest yields are.

Of course a lot could change before the cash from VSL arrives, so no decision needs to be made just yet.