<DOCUMENT>
<TYPE>EX-99.77Q2 ITEM 405
<SEQUENCE>4
<FILENAME>stone77q2.txt
<TEXT>
StoneCastle Financial Corp. - 12/31/16 Form N-SAR

Exhibit 77 Q(2)

Section 16(a) Beneficial Ownership Reporting Compliance

Section 16(a) of the Securities Exchange Act of 1934 and Section
30(h) of the 1940 Act require the Company's Officers and
Trustees, the Company's investment adviser, affiliated persons
of the Company, and persons who beneficially own more than ten
percent of the Company's shares to file certain reports of
ownership ("Section 16 Filings") with the SEC. To the Fund's
knowledge, all required Section 16 Filings were timely and
correctly made by reporting persons during the Company's most
recently completed fiscal year.
</TEXT>
</DOCUMENT>
