<SEC-DOCUMENT>0001193125-23-081507.txt : 20230328
<SEC-HEADER>0001193125-23-081507.hdr.sgml : 20230328
<ACCEPTANCE-DATETIME>20230328084850
ACCESSION NUMBER:		0001193125-23-081507
CONFORMED SUBMISSION TYPE:	424B5
PUBLIC DOCUMENT COUNT:		12
FILED AS OF DATE:		20230328
DATE AS OF CHANGE:		20230328

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			GUGGENHEIM STRATEGIC OPPORTUNITIES FUND
		CENTRAL INDEX KEY:			0001380936
		IRS NUMBER:				000000000
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			0531

	FILING VALUES:
		FORM TYPE:		424B5
		SEC ACT:		1933 Act
		SEC FILE NUMBER:	333-259592
		FILM NUMBER:		23766339

	BUSINESS ADDRESS:	
		STREET 1:		227 WEST MONROE STREET
		CITY:			CHICAGO
		STATE:			IL
		ZIP:			60606
		BUSINESS PHONE:		312-827-0100

	MAIL ADDRESS:	
		STREET 1:		227 WEST MONROE STREET
		CITY:			CHICAGO
		STATE:			IL
		ZIP:			60606

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	CLAYMORE/GUGGENHEIM STRATEGIC OPPORTUNITIES FUND
		DATE OF NAME CHANGE:	20090630

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	Claymore/Guggenheim Strategic Opportunities Fund
		DATE OF NAME CHANGE:	20070605

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	Claymore Strategic Opportunities Fund
		DATE OF NAME CHANGE:	20061113
</SEC-HEADER>
<DOCUMENT>
<TYPE>424B5
<SEQUENCE>1
<FILENAME>d457076d424b5.htm
<DESCRIPTION>GUGGENHEIM STRATEGIC OPPORTUNITIES FUND
<TEXT>
<XBRL>
<?xml version="1.0" encoding="utf-8" ?>
<html xmlns="http://www.w3.org/1999/xhtml" xmlns:xs="http://www.w3.org/2001/XMLSchema-instance" xmlns:xlink="http://www.w3.org/1999/xlink" xmlns:xbrli="http://www.xbrl.org/2003/instance" xmlns:xbrldi="http://xbrl.org/2006/xbrldi" xmlns:xbrldt="http://xbrl.org/2005/xbrldt" xmlns:iso4217="http://www.xbrl.org/2003/iso4217" xmlns:ix="http://www.xbrl.org/2013/inlineXBRL" xmlns:ixt="http://www.xbrl.org/inlineXBRL/transformation/2015-02-26" xmlns:ixt-sec="http://www.sec.gov/inlineXBRL/transformation/2015-08-31" xmlns:link="http://www.xbrl.org/2003/linkbase" xmlns:dtr-types="http://www.xbrl.org/dtr/type/2020-01-21" xmlns:dei="http://xbrl.sec.gov/dei/2022" xmlns:cef="http://xbrl.sec.gov/cef/2022" xmlns:xsi="http://www.w3.org/2001/XMLSchema-instance" xmlns:gsof="http://www.guggenheiminvestments.com/20210920">
<head>
<title>GUGGENHEIM STRATEGIC OPPORTUNITIES FUND</title>
<meta http-equiv="Content-Type" content="text/html" />
</head>
   <body style="margin-top:0.0pt;width:595pt;background-color:white;"> <div class="ix_hid_content" style="display:none;"> <ix:header> <ix:hidden> <ix:footnote id='f_0001_000001' xml:lang='en-US'>Represents the estimated commission with respect to the Common Shares being sold in this offering. Cantor Fitzgerald will be entitled to compensation of up to 2.00% of the gross proceeds of the sale of any Common Shares under the Sales Agreement, with the exact amount of such compensation to be mutually agreed upon by the Fund and Cantor Fitzgerald from time to time. The Fund has assumed that Cantor Fitzgerald will receive a commission of 2.00% of the gross sale price of the Common Shares sold in this offering.</ix:footnote> <ix:footnote id='f_0001_000002' xml:lang='en-US'>The Investment Adviser has incurred on behalf of the Fund all costs associated with the Fund&#8217;s registration statement and any offerings pursuant to such registration statement. The Fund has agreed, in connection with offerings under this registration statement, to reimburse the Investment Adviser for offering expenses incurred by the Investment Adviser on the Fund&#8217;s behalf in an amount up to the lesser of the Fund&#8217;s actual offering costs or 0.60% of the total offering price of the Common Shares sold in such offerings. Amounts in excess of 0.60% of the total offering price of shares sold pursuant to this registration statement will not be subject to recoupment from the Fund.</ix:footnote> <ix:footnote id='f_0001_000003' xml:lang='en-US'>You will pay brokerage charges if you direct the Plan Agent to sell your Common Shares held in a dividend reinvestment account. See &#8220;Dividend Reinvestment Plan&#8221; in the accompanying Prospectus.</ix:footnote> <ix:footnote id='f_0001_000004' xml:lang='en-US'>Based upon average net assets attributable to the Common Shares during the six month period ended November 30, 2022, after giving effect to the anticipated net proceeds of all of the Common Shares offered by this Prospectus Supplement based on an assumed price per share of $15.90 (the last reported sale price of the Fund&#8217;s Common Shares on the NYSE as of March 27, 2023). The price per share of any sale of Common Shares may be greater or less than the price assumed herein, depending on the market price of the Common Shares at the time of any sale. There is no guarantee that there will be any sales of the Common Shares pursuant to this Prospectus Supplement. The number of the Common Shares actually sold pursuant to this Prospectus Supplement may be less than as assumed herein.</ix:footnote> <ix:footnote id='f_0001_000005' xml:lang='en-US'>The Fund pays the Investment Adviser a fee, payable monthly in arrears at an annual rate equal to 1.00% of the Fund&#8217;s average daily Managed Assets. Common Shareholders bear the portion of the investment advisory fee attributable to the assets purchased with the proceeds of borrowing or the issuance of commercial paper or other forms of debt (&#8220;Borrowings&#8221;) or reverse repurchase agreements, dollar rolls or similar transactions or through a combination of the foregoing (collectively &#8220;Financial Leverage&#8221;), which means that Common Shareholders effectively bear the entire advisory fee. The fee shown above is based upon outstanding Financial Leverage of 24.3% of the Fund&#8217;s Managed Assets. The management fee as a percentage of net assets attributable to the Common Shares is higher than if the Trust did not utilize such Financial Leverage. If Financial Leverage of more than 24.3% of the Fund&#8217;s Managed Assets is used, the management fees shown would be higher.</ix:footnote> <ix:footnote id='f_0001_000006' xml:lang='en-US'>Interest expense is estimated for the current fiscal year and includes interest payments on borrowed funds and interest expense on reverse repurchase agreements. Interest payments on borrowed funds is based upon the Fund&#8217;s outstanding Borrowings as of November 30, 2022 (unaudited), which included Borrowings under the Fund&#8217;s committed facility agreement in an amount equal to 4.4% of the Fund&#8217;s Managed Assets at an assumed average interest rate of 5.50%. Interest expense on reverse repurchase agreements is based on the Fund&#8217;s outstanding reverse repurchase agreements as of November 30, 2022 (unaudited), in an amount equal to 19.9% of the Fund&#8217;s Managed Assets at November 30, 2022 (unaudited), at an assumed weighted average interest rate of 4.91%. The actual amount of interest payments and expenses borne by the Fund will vary over time in accordance with the amount of Borrowings and reverse repurchase agreements and variations in market interest rates.</ix:footnote> <ix:footnote id='f_0001_000007' xml:lang='en-US'>Acquired Fund Fees and Expenses are based on estimated amounts for the current fiscal year, reflecting the fees and expenses borne by the Fund as an investor in other investment companies during the six-month period ended November 30, 2022, and the expected investment of the proceeds of this offering.</ix:footnote> <ix:footnote id='f_0001_000009' xml:lang='en-US'>The Total Annual Fund Operating Expenses in this fee table may not correlate to the expense ratios in the Fund&#8217;s financial highlights and financial statements because the financial highlights and financial statements reflect only the operating expenses of the Fund and do not include Acquired Fund Fees and Expenses, which are fees and expenses incurred indirectly by the Fund through its investments in certain underlying investment companies.</ix:footnote> <ix:footnote id='f_0004_000001' xml:lang='en-US'>As a result of the Fund having earmarked or segregated cash or liquid securities to collateralize the transactions or otherwise having covered the transactions, in accordance with current regulatory requirements under the releases and interpretive letters issued by the SEC and its staff, the Fund does not treat its obligations under such transactions as senior securities representing indebtedness for purposes of the 1940 Act.</ix:footnote> <ix:nonFraction id="h_26_03015968_3104_f2e1_2361_a4e34989212e" name="cef:SeniorSecuritiesCoveragePerUnit" contextRef="FY2020_ReverseRepurchaseAgreementsMember" unitRef="USD_shares" xsi:nil="true"></ix:nonFraction> <ix:nonFraction id="h_26_07df73fe_310e_cde6_2770_57d7884c5fa0" name="cef:SeniorSecuritiesCoveragePerUnit" contextRef="FY2012_ReverseRepurchaseAgreementsMember" unitRef="USD_shares" xsi:nil="true"></ix:nonFraction> <ix:nonFraction id="h_26_0eee9865_bcc2_69a7_64d0_9f03835625ef" name="cef:SeniorSecuritiesInvoluntaryLiquidatingPreferencePerUnit" contextRef="FY2021_ReverseRepurchaseAgreementsMember" unitRef="USD_shares" xsi:nil="true"></ix:nonFraction> <ix:nonFraction id="h_26_193826c4_0c4c_4d1a_fdaa_bc791d823505" name="cef:SeniorSecuritiesAverageMarketValuePerUnit" contextRef="FY2018_ReverseRepurchaseAgreementsMember" unitRef="USD_shares" xsi:nil="true"></ix:nonFraction> <ix:nonFraction id="h_26_1e774b6c_7bcc_6a97_df9a_b4fabd054356" name="cef:SeniorSecuritiesAmount" contextRef="FY2018_BorrowingsCommittedFacilityAgreementMember" unitRef="USD" xsi:nil="true"></ix:nonFraction> <ix:nonFraction id="h_26_31681ccb_7c84_3df4_f40e_2d6fa53d9595" name="cef:SeniorSecuritiesCoveragePerUnit" contextRef="FY2018_BorrowingsCommittedFacilityAgreementMember" unitRef="USD_shares" xsi:nil="true"></ix:nonFraction> <ix:nonFraction id="h_26_35b8d72b_245a_c9b1_8851_ca95bf99d8bc" name="cef:SeniorSecuritiesAverageMarketValuePerUnit" contextRef="FY2021_BorrowingsCommittedFacilityAgreementMember" unitRef="USD_shares" xsi:nil="true"></ix:nonFraction> <ix:nonFraction id="h_26_3670f224_261d_c668_c088_2a3bc7945f37" name="cef:SeniorSecuritiesAverageMarketValuePerUnit" contextRef="FY2012_BorrowingsCommittedFacilityAgreementMember" unitRef="USD_shares" xsi:nil="true"></ix:nonFraction> <ix:nonFraction id="h_26_37a68e65_5acd_83df_8c9b_a46712b9f452" name="cef:SeniorSecuritiesInvoluntaryLiquidatingPreferencePerUnit" contextRef="FY2012_ReverseRepurchaseAgreementsMember" unitRef="USD_shares" xsi:nil="true"></ix:nonFraction> <ix:nonFraction id="h_26_3a966a27_c29b_6d2c_9591_573244e6f123" name="cef:SeniorSecuritiesAverageMarketValuePerUnit" contextRef="FY2015_BorrowingsCommittedFacilityAgreementMember" unitRef="USD_shares" xsi:nil="true"></ix:nonFraction> <ix:nonFraction id="h_26_3f712cc2_7795_ca09_ea3f_3a4f3efe1536" name="cef:SeniorSecuritiesInvoluntaryLiquidatingPreferencePerUnit" contextRef="FY2015_ReverseRepurchaseAgreementsMember" unitRef="USD_shares" xsi:nil="true"></ix:nonFraction> <ix:nonFraction id="h_26_40be2675_1d49_e67d_3f01_584643ffaab0" name="cef:SeniorSecuritiesAverageMarketValuePerUnit" contextRef="FY2014_BorrowingsCommittedFacilityAgreementMember" unitRef="USD_shares" xsi:nil="true"></ix:nonFraction> <ix:nonFraction id="h_26_42421524_acc8_59cc_b5c1_723ab379ff93" name="cef:SeniorSecuritiesInvoluntaryLiquidatingPreferencePerUnit" contextRef="FY2018_BorrowingsCommittedFacilityAgreementMember" unitRef="USD_shares" xsi:nil="true"></ix:nonFraction> <ix:nonFraction id="h_26_4d056319_485f_e85e_cd64_c52089771e28" name="cef:SeniorSecuritiesAverageMarketValuePerUnit" contextRef="FY2016_BorrowingsCommittedFacilityAgreementMember" unitRef="USD_shares" xsi:nil="true"></ix:nonFraction> <ix:nonFraction id="h_26_4f75ee45_656c_f98c_c8aa_2ab88c84816c" name="cef:SeniorSecuritiesAverageMarketValuePerUnit" contextRef="FY2018_BorrowingsCommittedFacilityAgreementMember" unitRef="USD_shares" xsi:nil="true"></ix:nonFraction> <ix:nonFraction id="h_26_513283b0_1ef8_422a_1df2_767bcef6c618" name="cef:SeniorSecuritiesInvoluntaryLiquidatingPreferencePerUnit" contextRef="FY2018_ReverseRepurchaseAgreementsMember" unitRef="USD_shares" xsi:nil="true"></ix:nonFraction> <ix:nonFraction id="h_26_5700df6a_4292_fd88_ea45_fc89e3074c19" name="cef:SeniorSecuritiesInvoluntaryLiquidatingPreferencePerUnit" contextRef="FY2017_ReverseRepurchaseAgreementsMember" unitRef="USD_shares" xsi:nil="true"></ix:nonFraction> <ix:nonFraction id="h_26_6a2f2612_df1d_ec72_5962_82adaac0aea6" name="cef:SeniorSecuritiesCoveragePerUnit" contextRef="FY2013_ReverseRepurchaseAgreementsMember" unitRef="USD_shares" xsi:nil="true"></ix:nonFraction> <ix:nonFraction id="h_26_6b996a4b_9fcd_c410_d016_dbeee44f1c1b" name="cef:SeniorSecuritiesAverageMarketValuePerUnit" contextRef="FY2019_ReverseRepurchaseAgreementsMember" unitRef="USD_shares" xsi:nil="true"></ix:nonFraction> <ix:nonFraction id="h_26_6bd00195_83da_0c07_8ef0_086bfaa0730d" name="cef:SeniorSecuritiesInvoluntaryLiquidatingPreferencePerUnit" contextRef="FY2013_ReverseRepurchaseAgreementsMember" unitRef="USD_shares" xsi:nil="true"></ix:nonFraction> <ix:nonFraction id="h_26_6ef3704f_4664_387e_651f_90284bc134d0" name="cef:SeniorSecuritiesInvoluntaryLiquidatingPreferencePerUnit" contextRef="FY2017_BorrowingsCommittedFacilityAgreementMember" unitRef="USD_shares" xsi:nil="true"></ix:nonFraction> <ix:nonFraction id="h_26_6efe55d0_e2c0_a4b9_05bc_2f3338f7276a" name="cef:SeniorSecuritiesInvoluntaryLiquidatingPreferencePerUnit" contextRef="FY2020_BorrowingsCommittedFacilityAgreementMember" unitRef="USD_shares" xsi:nil="true"></ix:nonFraction> <ix:nonFraction id="h_26_6fd2340d_ffd5_c504_991b_6b28dd0cc7a9" name="cef:SeniorSecuritiesInvoluntaryLiquidatingPreferencePerUnit" contextRef="FY2016_BorrowingsCommittedFacilityAgreementMember" unitRef="USD_shares" xsi:nil="true"></ix:nonFraction> <ix:nonFraction id="h_26_700f5caf_cd67_8576_c097_42297f811d06" name="cef:SeniorSecuritiesInvoluntaryLiquidatingPreferencePerUnit" contextRef="FY2014_ReverseRepurchaseAgreementsMember" unitRef="USD_shares" xsi:nil="true"></ix:nonFraction> <ix:nonFraction id="h_26_71323dac_0dfb_0c79_ca4b_2cbed7278fdf" name="cef:SeniorSecuritiesAverageMarketValuePerUnit" contextRef="FY2019_BorrowingsCommittedFacilityAgreementMember" unitRef="USD_shares" xsi:nil="true"></ix:nonFraction> <ix:nonFraction id="h_26_7745a167_f95b_5be6_d4f0_d347f546879c" name="cef:SeniorSecuritiesInvoluntaryLiquidatingPreferencePerUnit" contextRef="FY2016_ReverseRepurchaseAgreementsMember" unitRef="USD_shares" xsi:nil="true"></ix:nonFraction> <ix:nonFraction id="h_26_787073c6_c1f5_75db_99d5_a28e5741717b" name="cef:SeniorSecuritiesAverageMarketValuePerUnit" contextRef="FY2017_ReverseRepurchaseAgreementsMember" unitRef="USD_shares" xsi:nil="true"></ix:nonFraction> <ix:nonFraction id="h_26_7da213e3_40b1_12a6_5f73_bbaaaedafc93" name="cef:SeniorSecuritiesCoveragePerUnit" contextRef="FY2021_ReverseRepurchaseAgreementsMember" unitRef="USD_shares" xsi:nil="true"></ix:nonFraction> <ix:nonFraction id="h_26_7f9eddb5_bb43_9713_5bc1_26a9cd29937e" name="cef:SeniorSecuritiesInvoluntaryLiquidatingPreferencePerUnit" contextRef="FY2013_BorrowingsCommittedFacilityAgreementMember" unitRef="USD_shares" xsi:nil="true"></ix:nonFraction> <ix:nonFraction id="h_26_80da2bcf_deec_1071_693f_59603d1592eb" name="cef:SeniorSecuritiesCoveragePerUnit" contextRef="FY2018_ReverseRepurchaseAgreementsMember" unitRef="USD_shares" xsi:nil="true"></ix:nonFraction> <ix:nonFraction id="h_26_948ed65d_c95d_edb6_9880_5778caaef224" name="cef:SeniorSecuritiesInvoluntaryLiquidatingPreferencePerUnit" contextRef="FY2012_BorrowingsCommittedFacilityAgreementMember" unitRef="USD_shares" xsi:nil="true"></ix:nonFraction> <ix:nonFraction id="h_26_a41c652c_397f_cede_b0a2_eaf415fc3535" name="cef:SeniorSecuritiesInvoluntaryLiquidatingPreferencePerUnit" contextRef="FY2021_BorrowingsCommittedFacilityAgreementMember" unitRef="USD_shares" xsi:nil="true"></ix:nonFraction> <ix:nonFraction id="h_26_a4cab739_9b5f_4ffb_3146_1920a49c51ff" name="cef:SeniorSecuritiesAverageMarketValuePerUnit" contextRef="FY2014_ReverseRepurchaseAgreementsMember" unitRef="USD_shares" xsi:nil="true"></ix:nonFraction> <ix:nonFraction id="h_26_a61b6b33_9ede_d800_614c_b0a8cdb0d5b4" name="cef:SeniorSecuritiesAverageMarketValuePerUnit" contextRef="FY2013_BorrowingsCommittedFacilityAgreementMember" unitRef="USD_shares" xsi:nil="true"></ix:nonFraction> <ix:nonFraction id="h_26_a8255de5_cd82_6080_a548_fc39d25480da" name="cef:SeniorSecuritiesAverageMarketValuePerUnit" contextRef="FY2020_BorrowingsCommittedFacilityAgreementMember" unitRef="USD_shares" xsi:nil="true"></ix:nonFraction> <ix:nonFraction id="h_26_ae598643_d275_d152_abac_88944025ccb6" name="cef:SeniorSecuritiesCoveragePerUnit" contextRef="FY2019_ReverseRepurchaseAgreementsMember" unitRef="USD_shares" xsi:nil="true"></ix:nonFraction> <ix:nonFraction id="h_26_aec0c12f_d2fc_17ed_7098_0ac739bcebae" name="cef:SeniorSecuritiesCoveragePerUnit" contextRef="FY2014_ReverseRepurchaseAgreementsMember" unitRef="USD_shares" xsi:nil="true"></ix:nonFraction> <ix:nonFraction id="h_26_b6dfced1_d198_de24_e2be_3497eb912849" name="cef:SeniorSecuritiesAverageMarketValuePerUnit" contextRef="FY2021_ReverseRepurchaseAgreementsMember" unitRef="USD_shares" xsi:nil="true"></ix:nonFraction> <ix:nonFraction id="h_26_b9561568_9675_0134_b5b5_9f08eda50426" name="cef:SeniorSecuritiesAmount" contextRef="FY2019_ReverseRepurchaseAgreementsMember" unitRef="USD" xsi:nil="true"></ix:nonFraction> <ix:nonFraction id="h_26_bb6ded07_2c46_9f2a_929e_5ab42a042da2" name="cef:SeniorSecuritiesAverageMarketValuePerUnit" contextRef="FY2012_ReverseRepurchaseAgreementsMember" unitRef="USD_shares" xsi:nil="true"></ix:nonFraction> <ix:nonFraction id="h_26_bbc4eea2_0c58_4404_d9dc_51b73431cdf5" name="cef:SeniorSecuritiesAverageMarketValuePerUnit" contextRef="FY2013_ReverseRepurchaseAgreementsMember" unitRef="USD_shares" xsi:nil="true"></ix:nonFraction> <ix:nonFraction id="h_26_c2c29e18_1f40_84aa_a3f0_4343be7d682b" name="cef:SeniorSecuritiesInvoluntaryLiquidatingPreferencePerUnit" contextRef="FY2020_ReverseRepurchaseAgreementsMember" unitRef="USD_shares" xsi:nil="true"></ix:nonFraction> <ix:nonFraction id="h_26_c5c473f6_6275_acd7_e255_48ee07da69fc" name="cef:SeniorSecuritiesCoveragePerUnit" contextRef="FY2015_ReverseRepurchaseAgreementsMember" unitRef="USD_shares" xsi:nil="true"></ix:nonFraction> <ix:nonFraction id="h_26_c7315498_15ac_f408_3b41_478decb3bca9" name="cef:SeniorSecuritiesAverageMarketValuePerUnit" contextRef="FY2016_ReverseRepurchaseAgreementsMember" unitRef="USD_shares" xsi:nil="true"></ix:nonFraction> <ix:nonFraction id="h_26_d4e7450e_7e63_7b8c_f154_a0f355f315a2" name="cef:SeniorSecuritiesInvoluntaryLiquidatingPreferencePerUnit" contextRef="FY2019_ReverseRepurchaseAgreementsMember" unitRef="USD_shares" xsi:nil="true"></ix:nonFraction> <ix:nonFraction id="h_26_d8ca5923_da4c_0005_5fa5_deff6337a851" name="cef:SeniorSecuritiesCoveragePerUnit" contextRef="FY2019_BorrowingsCommittedFacilityAgreementMember" unitRef="USD_shares" xsi:nil="true"></ix:nonFraction> <ix:nonFraction id="h_26_db5997f0_6004_d6fe_505c_6aeab77b9f12" name="cef:SeniorSecuritiesCoveragePerUnit" contextRef="FY2017_ReverseRepurchaseAgreementsMember" unitRef="USD_shares" xsi:nil="true"></ix:nonFraction> <ix:nonFraction id="h_26_e0167e53_64eb_0553_e56d_c0757f733e5c" name="cef:SeniorSecuritiesInvoluntaryLiquidatingPreferencePerUnit" contextRef="FY2019_BorrowingsCommittedFacilityAgreementMember" unitRef="USD_shares" xsi:nil="true"></ix:nonFraction> <ix:nonFraction id="h_26_e64e4a8d_f393_5939_5534_0e8d50f5374b" name="cef:SeniorSecuritiesCoveragePerUnit" contextRef="FY2016_ReverseRepurchaseAgreementsMember" unitRef="USD_shares" xsi:nil="true"></ix:nonFraction> <ix:nonFraction id="h_26_e825aaa2_5fbf_ffb3_d07c_5d85de02f8bf" name="cef:SeniorSecuritiesAverageMarketValuePerUnit" contextRef="FY2020_ReverseRepurchaseAgreementsMember" unitRef="USD_shares" xsi:nil="true"></ix:nonFraction> <ix:nonFraction id="h_26_ef2acbf1_0d02_1d7e_8d73_a2f818167fc7" name="cef:SeniorSecuritiesInvoluntaryLiquidatingPreferencePerUnit" contextRef="FY2015_BorrowingsCommittedFacilityAgreementMember" unitRef="USD_shares" xsi:nil="true"></ix:nonFraction> <ix:nonFraction id="h_26_f0617c94_bdb3_912e_0413_967539a3d814" name="cef:SeniorSecuritiesAverageMarketValuePerUnit" contextRef="FY2017_BorrowingsCommittedFacilityAgreementMember" unitRef="USD_shares" xsi:nil="true"></ix:nonFraction> <ix:nonFraction id="h_26_f1187497_3c06_6048_7f1d_bb2bc6264056" name="cef:SeniorSecuritiesInvoluntaryLiquidatingPreferencePerUnit" contextRef="FY2014_BorrowingsCommittedFacilityAgreementMember" unitRef="USD_shares" xsi:nil="true"></ix:nonFraction> <ix:nonFraction id="h_26_feb763ab_a9d4_6ca8_11e4_27a730481d41" name="cef:SeniorSecuritiesAmount" contextRef="FY2019_BorrowingsCommittedFacilityAgreementMember" unitRef="USD" xsi:nil="true"></ix:nonFraction> <ix:nonFraction id="h_26_fec4b63a_7b40_d13e_9b8d_c4c1112814d0" name="cef:SeniorSecuritiesAverageMarketValuePerUnit" contextRef="FY2015_ReverseRepurchaseAgreementsMember" unitRef="USD_shares" xsi:nil="true"></ix:nonFraction> <ix:nonFraction id="h_3_05f1e8a6_0868_2019_5a76_4345ece2c6fa" name="cef:OutstandingSecurityHeldShares" contextRef="I20210531_CommonSharesMember" unitRef="shares" xsi:nil="true"></ix:nonFraction> <ix:nonFraction id="h_4_32d711bc-8371-eaaf-75ce-ae4badb0db87" name="cef:OutstandingSecurityAuthorizedShares" contextRef="I20210531_CommonSharesMember" unitRef="shares" scale="0" xsi:nil="true"></ix:nonFraction> <ix:nonNumeric contextRef="DefaultContext" name="dei:AmendmentFlag" id="h3_c661277e_5cbb_4931_b74d_519e84636643">false</ix:nonNumeric> <ix:nonNumeric contextRef="DefaultContext" name="dei:EntityCentralIndexKey" id="h1_e383a933_ad6e_4dde_8803_66d409b3080d">0001380936</ix:nonNumeric> <ix:nonNumeric id="h7_4dc7da65_3f6f_4338_a3d6_da2e48e4b162" name="dei:DocumentType" contextRef="DefaultContext">424B5</ix:nonNumeric> </ix:hidden> <ix:references> <link:schemaRef xlink:href="gsof-20210920.xsd" xlink:type="simple"></link:schemaRef> </ix:references> <ix:resources> <xbrli:context id="DefaultContext"> <xbrli:entity> <xbrli:identifier scheme="http://www.sec.gov/CIK">0001380936</xbrli:identifier> </xbrli:entity> <xbrli:period> <xbrli:startDate>2021-09-20</xbrli:startDate> <xbrli:endDate>2021-09-20</xbrli:endDate> </xbrli:period> </xbrli:context> <xbrli:context id="FY2012_BorrowingsCommittedFacilityAgreementMember"> <xbrli:entity> <xbrli:identifier scheme="http://www.sec.gov/CIK">0001380936</xbrli:identifier> <xbrli:segment> <xbrldi:explicitMember dimension="cef:SecurityAxis">gsof:BorrowingsCommittedFacilityAgreementMember</xbrldi:explicitMember> </xbrli:segment> </xbrli:entity> <xbrli:period> <xbrli:startDate>2011-06-01</xbrli:startDate> <xbrli:endDate>2012-05-31</xbrli:endDate> </xbrli:period> </xbrli:context> <xbrli:context id="FY2012_ReverseRepurchaseAgreementsMember"> <xbrli:entity> <xbrli:identifier scheme="http://www.sec.gov/CIK">0001380936</xbrli:identifier> <xbrli:segment> <xbrldi:explicitMember dimension="cef:SecurityAxis">gsof:ReverseRepurchaseAgreementsMember</xbrldi:explicitMember> </xbrli:segment> </xbrli:entity> <xbrli:period> <xbrli:startDate>2011-06-01</xbrli:startDate> <xbrli:endDate>2012-05-31</xbrli:endDate> </xbrli:period> </xbrli:context> <xbrli:context id="FY2013_BorrowingsCommittedFacilityAgreementMember"> <xbrli:entity> <xbrli:identifier scheme="http://www.sec.gov/CIK">0001380936</xbrli:identifier> <xbrli:segment> <xbrldi:explicitMember dimension="cef:SecurityAxis">gsof:BorrowingsCommittedFacilityAgreementMember</xbrldi:explicitMember> </xbrli:segment> </xbrli:entity> <xbrli:period> <xbrli:startDate>2012-06-01</xbrli:startDate> <xbrli:endDate>2013-05-31</xbrli:endDate> </xbrli:period> </xbrli:context> <xbrli:context id="FY2013_ReverseRepurchaseAgreementsMember"> <xbrli:entity> <xbrli:identifier scheme="http://www.sec.gov/CIK">0001380936</xbrli:identifier> <xbrli:segment> <xbrldi:explicitMember dimension="cef:SecurityAxis">gsof:ReverseRepurchaseAgreementsMember</xbrldi:explicitMember> </xbrli:segment> </xbrli:entity> <xbrli:period> <xbrli:startDate>2012-06-01</xbrli:startDate> <xbrli:endDate>2013-05-31</xbrli:endDate> </xbrli:period> </xbrli:context> <xbrli:context id="FY2014_BorrowingsCommittedFacilityAgreementMember"> <xbrli:entity> <xbrli:identifier scheme="http://www.sec.gov/CIK">0001380936</xbrli:identifier> <xbrli:segment> <xbrldi:explicitMember dimension="cef:SecurityAxis">gsof:BorrowingsCommittedFacilityAgreementMember</xbrldi:explicitMember> </xbrli:segment> </xbrli:entity> <xbrli:period> <xbrli:startDate>2013-06-01</xbrli:startDate> <xbrli:endDate>2014-05-31</xbrli:endDate> </xbrli:period> </xbrli:context> <xbrli:context id="FY2014_ReverseRepurchaseAgreementsMember"> <xbrli:entity> <xbrli:identifier scheme="http://www.sec.gov/CIK">0001380936</xbrli:identifier> <xbrli:segment> <xbrldi:explicitMember dimension="cef:SecurityAxis">gsof:ReverseRepurchaseAgreementsMember</xbrldi:explicitMember> </xbrli:segment> </xbrli:entity> <xbrli:period> <xbrli:startDate>2013-06-01</xbrli:startDate> <xbrli:endDate>2014-05-31</xbrli:endDate> </xbrli:period> </xbrli:context> <xbrli:context id="FY2015_BorrowingsCommittedFacilityAgreementMember"> <xbrli:entity> <xbrli:identifier scheme="http://www.sec.gov/CIK">0001380936</xbrli:identifier> <xbrli:segment> <xbrldi:explicitMember dimension="cef:SecurityAxis">gsof:BorrowingsCommittedFacilityAgreementMember</xbrldi:explicitMember> </xbrli:segment> </xbrli:entity> <xbrli:period> <xbrli:startDate>2014-06-01</xbrli:startDate> <xbrli:endDate>2015-05-31</xbrli:endDate> </xbrli:period> </xbrli:context> <xbrli:context id="FY2015_ReverseRepurchaseAgreementsMember"> <xbrli:entity> <xbrli:identifier scheme="http://www.sec.gov/CIK">0001380936</xbrli:identifier> <xbrli:segment> <xbrldi:explicitMember dimension="cef:SecurityAxis">gsof:ReverseRepurchaseAgreementsMember</xbrldi:explicitMember> </xbrli:segment> </xbrli:entity> <xbrli:period> <xbrli:startDate>2014-06-01</xbrli:startDate> <xbrli:endDate>2015-05-31</xbrli:endDate> </xbrli:period> </xbrli:context> <xbrli:context id="FY2016_BorrowingsCommittedFacilityAgreementMember"> <xbrli:entity> <xbrli:identifier scheme="http://www.sec.gov/CIK">0001380936</xbrli:identifier> <xbrli:segment> <xbrldi:explicitMember dimension="cef:SecurityAxis">gsof:BorrowingsCommittedFacilityAgreementMember</xbrldi:explicitMember> </xbrli:segment> </xbrli:entity> <xbrli:period> <xbrli:startDate>2015-06-01</xbrli:startDate> <xbrli:endDate>2016-05-31</xbrli:endDate> </xbrli:period> </xbrli:context> <xbrli:context id="FY2016_ReverseRepurchaseAgreementsMember"> <xbrli:entity> <xbrli:identifier scheme="http://www.sec.gov/CIK">0001380936</xbrli:identifier> <xbrli:segment> <xbrldi:explicitMember dimension="cef:SecurityAxis">gsof:ReverseRepurchaseAgreementsMember</xbrldi:explicitMember> </xbrli:segment> </xbrli:entity> <xbrli:period> <xbrli:startDate>2015-06-01</xbrli:startDate> <xbrli:endDate>2016-05-31</xbrli:endDate> </xbrli:period> </xbrli:context> <xbrli:context id="FY2017_BorrowingsCommittedFacilityAgreementMember"> <xbrli:entity> <xbrli:identifier scheme="http://www.sec.gov/CIK">0001380936</xbrli:identifier> <xbrli:segment> <xbrldi:explicitMember dimension="cef:SecurityAxis">gsof:BorrowingsCommittedFacilityAgreementMember</xbrldi:explicitMember> </xbrli:segment> </xbrli:entity> <xbrli:period> <xbrli:startDate>2016-06-01</xbrli:startDate> <xbrli:endDate>2017-05-31</xbrli:endDate> </xbrli:period> </xbrli:context> <xbrli:context id="FY2017_ReverseRepurchaseAgreementsMember"> <xbrli:entity> <xbrli:identifier scheme="http://www.sec.gov/CIK">0001380936</xbrli:identifier> <xbrli:segment> <xbrldi:explicitMember dimension="cef:SecurityAxis">gsof:ReverseRepurchaseAgreementsMember</xbrldi:explicitMember> </xbrli:segment> </xbrli:entity> <xbrli:period> <xbrli:startDate>2016-06-01</xbrli:startDate> <xbrli:endDate>2017-05-31</xbrli:endDate> </xbrli:period> </xbrli:context> <xbrli:context id="FY2018_BorrowingsCommittedFacilityAgreementMember"> <xbrli:entity> <xbrli:identifier scheme="http://www.sec.gov/CIK">0001380936</xbrli:identifier> <xbrli:segment> <xbrldi:explicitMember dimension="cef:SecurityAxis">gsof:BorrowingsCommittedFacilityAgreementMember</xbrldi:explicitMember> </xbrli:segment> </xbrli:entity> <xbrli:period> <xbrli:startDate>2017-06-01</xbrli:startDate> <xbrli:endDate>2018-05-31</xbrli:endDate> </xbrli:period> </xbrli:context> <xbrli:context id="FY2018_ReverseRepurchaseAgreementsMember"> <xbrli:entity> <xbrli:identifier scheme="http://www.sec.gov/CIK">0001380936</xbrli:identifier> <xbrli:segment> <xbrldi:explicitMember dimension="cef:SecurityAxis">gsof:ReverseRepurchaseAgreementsMember</xbrldi:explicitMember> </xbrli:segment> </xbrli:entity> <xbrli:period> <xbrli:startDate>2017-06-01</xbrli:startDate> <xbrli:endDate>2018-05-31</xbrli:endDate> </xbrli:period> </xbrli:context> <xbrli:context id="FY2019_BorrowingsCommittedFacilityAgreementMember"> <xbrli:entity> <xbrli:identifier scheme="http://www.sec.gov/CIK">0001380936</xbrli:identifier> <xbrli:segment> <xbrldi:explicitMember dimension="cef:SecurityAxis">gsof:BorrowingsCommittedFacilityAgreementMember</xbrldi:explicitMember> </xbrli:segment> </xbrli:entity> <xbrli:period> <xbrli:startDate>2018-06-01</xbrli:startDate> <xbrli:endDate>2019-05-31</xbrli:endDate> </xbrli:period> </xbrli:context> <xbrli:context id="FY2019_ReverseRepurchaseAgreementsMember"> <xbrli:entity> <xbrli:identifier scheme="http://www.sec.gov/CIK">0001380936</xbrli:identifier> <xbrli:segment> <xbrldi:explicitMember dimension="cef:SecurityAxis">gsof:ReverseRepurchaseAgreementsMember</xbrldi:explicitMember> </xbrli:segment> </xbrli:entity> <xbrli:period> <xbrli:startDate>2018-06-01</xbrli:startDate> <xbrli:endDate>2019-05-31</xbrli:endDate> </xbrli:period> </xbrli:context> <xbrli:context id="FY2020_BorrowingsCommittedFacilityAgreementMember"> <xbrli:entity> <xbrli:identifier scheme="http://www.sec.gov/CIK">0001380936</xbrli:identifier> <xbrli:segment> <xbrldi:explicitMember dimension="cef:SecurityAxis">gsof:BorrowingsCommittedFacilityAgreementMember</xbrldi:explicitMember> </xbrli:segment> </xbrli:entity> <xbrli:period> <xbrli:startDate>2019-06-01</xbrli:startDate> <xbrli:endDate>2020-05-31</xbrli:endDate> </xbrli:period> </xbrli:context> <xbrli:context id="FY2020_ReverseRepurchaseAgreementsMember"> <xbrli:entity> <xbrli:identifier scheme="http://www.sec.gov/CIK">0001380936</xbrli:identifier> <xbrli:segment> <xbrldi:explicitMember dimension="cef:SecurityAxis">gsof:ReverseRepurchaseAgreementsMember</xbrldi:explicitMember> </xbrli:segment> </xbrli:entity> <xbrli:period> <xbrli:startDate>2019-06-01</xbrli:startDate> <xbrli:endDate>2020-05-31</xbrli:endDate> </xbrli:period> </xbrli:context> <xbrli:context id="FY2021_BorrowingsCommittedFacilityAgreementMember"> <xbrli:entity> <xbrli:identifier scheme="http://www.sec.gov/CIK">0001380936</xbrli:identifier> <xbrli:segment> <xbrldi:explicitMember dimension="cef:SecurityAxis">gsof:BorrowingsCommittedFacilityAgreementMember</xbrldi:explicitMember> </xbrli:segment> </xbrli:entity> <xbrli:period> <xbrli:startDate>2020-06-01</xbrli:startDate> <xbrli:endDate>2021-05-31</xbrli:endDate> </xbrli:period> </xbrli:context> <xbrli:context id="FY2021_ReverseRepurchaseAgreementsMember"> <xbrli:entity> <xbrli:identifier scheme="http://www.sec.gov/CIK">0001380936</xbrli:identifier> <xbrli:segment> <xbrldi:explicitMember dimension="cef:SecurityAxis">gsof:ReverseRepurchaseAgreementsMember</xbrldi:explicitMember> </xbrli:segment> </xbrli:entity> <xbrli:period> <xbrli:startDate>2020-06-01</xbrli:startDate> <xbrli:endDate>2021-05-31</xbrli:endDate> </xbrli:period> </xbrli:context> <xbrli:context id="I20210531_CommonSharesMember"> <xbrli:entity> <xbrli:identifier scheme="http://www.sec.gov/CIK">0001380936</xbrli:identifier> <xbrli:segment> <xbrldi:explicitMember dimension="cef:SecurityAxis">gsof:CommonSharesMember</xbrldi:explicitMember> </xbrli:segment> </xbrli:entity> <xbrli:period> <xbrli:startDate>2021-05-31</xbrli:startDate> <xbrli:endDate>2021-05-31</xbrli:endDate> </xbrli:period> </xbrli:context> <xbrli:context id="I20210907_CommonSharesMember"> <xbrli:entity> <xbrli:identifier scheme="http://www.sec.gov/CIK">0001380936</xbrli:identifier> <xbrli:segment> <xbrldi:explicitMember dimension="cef:SecurityAxis">gsof:CommonSharesMember</xbrldi:explicitMember> </xbrli:segment> </xbrli:entity> <xbrli:period> <xbrli:startDate>2021-09-07</xbrli:startDate> <xbrli:endDate>2021-09-07</xbrli:endDate> </xbrli:period> </xbrli:context> <xbrli:context id="I20210920_AntiTakeoverProvisionsRiskMember"> <xbrli:entity> <xbrli:identifier scheme="http://www.sec.gov/CIK">0001380936</xbrli:identifier> <xbrli:segment> <xbrldi:explicitMember dimension="cef:RiskAxis">gsof:AntiTakeoverProvisionsRiskMember</xbrldi:explicitMember> </xbrli:segment> </xbrli:entity> <xbrli:period> <xbrli:startDate>2021-09-20</xbrli:startDate> <xbrli:endDate>2021-09-20</xbrli:endDate> </xbrli:period> </xbrli:context> <xbrli:context id="I20210920_AssetBackedSecuritiesRiskMember"> <xbrli:entity> <xbrli:identifier scheme="http://www.sec.gov/CIK">0001380936</xbrli:identifier> <xbrli:segment> <xbrldi:explicitMember dimension="cef:RiskAxis">gsof:AssetBackedSecuritiesRiskMember</xbrldi:explicitMember> </xbrli:segment> </xbrli:entity> <xbrli:period> <xbrli:startDate>2021-09-20</xbrli:startDate> <xbrli:endDate>2021-09-20</xbrli:endDate> </xbrli:period> </xbrli:context> <xbrli:context id="I20210920_BelowInvestmentGradeSecuritiesRiskMember"> <xbrli:entity> <xbrli:identifier scheme="http://www.sec.gov/CIK">0001380936</xbrli:identifier> <xbrli:segment> <xbrldi:explicitMember dimension="cef:RiskAxis">gsof:BelowInvestmentGradeSecuritiesRiskMember</xbrldi:explicitMember> </xbrli:segment> </xbrli:entity> <xbrli:period> <xbrli:startDate>2021-09-20</xbrli:startDate> <xbrli:endDate>2021-09-20</xbrli:endDate> </xbrli:period> </xbrli:context> <xbrli:context id="I20210920_BorrowingsMember"> <xbrli:entity> <xbrli:identifier scheme="http://www.sec.gov/CIK">0001380936</xbrli:identifier> <xbrli:segment> <xbrldi:explicitMember dimension="cef:SecurityAxis">gsof:BorrowingsMember</xbrldi:explicitMember> </xbrli:segment> </xbrli:entity> <xbrli:period> <xbrli:startDate>2021-09-20</xbrli:startDate> <xbrli:endDate>2021-09-20</xbrli:endDate> </xbrli:period> </xbrli:context> <xbrli:context id="I20210920_CLOCDOAndCBORiskMember"> <xbrli:entity> <xbrli:identifier scheme="http://www.sec.gov/CIK">0001380936</xbrli:identifier> <xbrli:segment> <xbrldi:explicitMember dimension="cef:RiskAxis">gsof:CLOCDOAndCBORiskMember</xbrldi:explicitMember> </xbrli:segment> </xbrli:entity> <xbrli:period> <xbrli:startDate>2021-09-20</xbrli:startDate> <xbrli:endDate>2021-09-20</xbrli:endDate> </xbrli:period> </xbrli:context> <xbrli:context id="I20210920_CommonEquitySecuritiesRiskMember"> <xbrli:entity> <xbrli:identifier scheme="http://www.sec.gov/CIK">0001380936</xbrli:identifier> <xbrli:segment> <xbrldi:explicitMember dimension="cef:RiskAxis">gsof:CommonEquitySecuritiesRiskMember</xbrldi:explicitMember> </xbrli:segment> </xbrli:entity> <xbrli:period> <xbrli:startDate>2021-09-20</xbrli:startDate> <xbrli:endDate>2021-09-20</xbrli:endDate> </xbrli:period> </xbrli:context> <xbrli:context id="I20210920_CommonSharesMember"> <xbrli:entity> <xbrli:identifier scheme="http://www.sec.gov/CIK">0001380936</xbrli:identifier> <xbrli:segment> <xbrldi:explicitMember dimension="cef:SecurityAxis">gsof:CommonSharesMember</xbrldi:explicitMember> </xbrli:segment> </xbrli:entity> <xbrli:period> <xbrli:startDate>2021-09-20</xbrli:startDate> <xbrli:endDate>2021-09-20</xbrli:endDate> </xbrli:period> </xbrli:context> <xbrli:context id="I20210920_ConflictsOfInterestRiskMember"> <xbrli:entity> <xbrli:identifier scheme="http://www.sec.gov/CIK">0001380936</xbrli:identifier> <xbrli:segment> <xbrldi:explicitMember dimension="cef:RiskAxis">gsof:ConflictsOfInterestRiskMember</xbrldi:explicitMember> </xbrli:segment> </xbrli:entity> <xbrli:period> <xbrli:startDate>2021-09-20</xbrli:startDate> <xbrli:endDate>2021-09-20</xbrli:endDate> </xbrli:period> </xbrli:context> <xbrli:context id="I20210920_ConvertibleSecuritiesRiskMember"> <xbrli:entity> <xbrli:identifier scheme="http://www.sec.gov/CIK">0001380936</xbrli:identifier> <xbrli:segment> <xbrldi:explicitMember dimension="cef:RiskAxis">gsof:ConvertibleSecuritiesRiskMember</xbrldi:explicitMember> </xbrli:segment> </xbrli:entity> <xbrli:period> <xbrli:startDate>2021-09-20</xbrli:startDate> <xbrli:endDate>2021-09-20</xbrli:endDate> </xbrli:period> </xbrli:context> <xbrli:context id="I20210920_CyberSecurityMarketDisruptionsAndOperationalRiskMember"> <xbrli:entity> <xbrli:identifier scheme="http://www.sec.gov/CIK">0001380936</xbrli:identifier> <xbrli:segment> <xbrldi:explicitMember dimension="cef:RiskAxis">gsof:CyberSecurityMarketDisruptionsAndOperationalRiskMember</xbrldi:explicitMember> </xbrli:segment> </xbrli:entity> <xbrli:period> <xbrli:startDate>2021-09-20</xbrli:startDate> <xbrli:endDate>2021-09-20</xbrli:endDate> </xbrli:period> </xbrli:context> <xbrli:context id="I20210920_DerivativesTransactionsRiskMember"> <xbrli:entity> <xbrli:identifier scheme="http://www.sec.gov/CIK">0001380936</xbrli:identifier> <xbrli:segment> <xbrldi:explicitMember dimension="cef:RiskAxis">gsof:DerivativesTransactionsRiskMember</xbrldi:explicitMember> </xbrli:segment> </xbrli:entity> <xbrli:period> <xbrli:startDate>2021-09-20</xbrli:startDate> <xbrli:endDate>2021-09-20</xbrli:endDate> </xbrli:period> </xbrli:context> <xbrli:context id="I20210920_DilutionRiskMember"> <xbrli:entity> <xbrli:identifier scheme="http://www.sec.gov/CIK">0001380936</xbrli:identifier> <xbrli:segment> <xbrldi:explicitMember dimension="cef:RiskAxis">gsof:DilutionRiskMember</xbrldi:explicitMember> </xbrli:segment> </xbrli:entity> <xbrli:period> <xbrli:startDate>2021-09-20</xbrli:startDate> <xbrli:endDate>2021-09-20</xbrli:endDate> </xbrli:period> </xbrli:context> <xbrli:context id="I20210920_DistressedAndDefaultedSecuritiesRiskMember"> <xbrli:entity> <xbrli:identifier scheme="http://www.sec.gov/CIK">0001380936</xbrli:identifier> <xbrli:segment> <xbrldi:explicitMember dimension="cef:RiskAxis">gsof:DistressedAndDefaultedSecuritiesRiskMember</xbrldi:explicitMember> </xbrli:segment> </xbrli:entity> <xbrli:period> <xbrli:startDate>2021-09-20</xbrli:startDate> <xbrli:endDate>2021-09-20</xbrli:endDate> </xbrli:period> </xbrli:context> <xbrli:context id="I20210920_DividendRiskMember"> <xbrli:entity> <xbrli:identifier scheme="http://www.sec.gov/CIK">0001380936</xbrli:identifier> <xbrli:segment> <xbrldi:explicitMember dimension="cef:RiskAxis">gsof:DividendRiskMember</xbrldi:explicitMember> </xbrli:segment> </xbrli:entity> <xbrli:period> <xbrli:startDate>2021-09-20</xbrli:startDate> <xbrli:endDate>2021-09-20</xbrli:endDate> </xbrli:period> </xbrli:context> <xbrli:context id="I20210920_EmergingMarketsRiskMember"> <xbrli:entity> <xbrli:identifier scheme="http://www.sec.gov/CIK">0001380936</xbrli:identifier> <xbrli:segment> <xbrldi:explicitMember dimension="cef:RiskAxis">gsof:EmergingMarketsRiskMember</xbrldi:explicitMember> </xbrli:segment> </xbrli:entity> <xbrli:period> <xbrli:startDate>2021-09-20</xbrli:startDate> <xbrli:endDate>2021-09-20</xbrli:endDate> </xbrli:period> </xbrli:context> <xbrli:context id="I20210920_FinancialLeverageAndLeveragedTransactionsRiskMember"> <xbrli:entity> <xbrli:identifier scheme="http://www.sec.gov/CIK">0001380936</xbrli:identifier> <xbrli:segment> <xbrldi:explicitMember dimension="cef:RiskAxis">gsof:FinancialLeverageAndLeveragedTransactionsRiskMember</xbrldi:explicitMember> </xbrli:segment> </xbrli:entity> <xbrli:period> <xbrli:startDate>2021-09-20</xbrli:startDate> <xbrli:endDate>2021-09-20</xbrli:endDate> </xbrli:period> </xbrli:context> <xbrli:context id="I20210920_ForeignCurrencyRiskMember"> <xbrli:entity> <xbrli:identifier scheme="http://www.sec.gov/CIK">0001380936</xbrli:identifier> <xbrli:segment> <xbrldi:explicitMember dimension="cef:RiskAxis">gsof:ForeignCurrencyRiskMember</xbrldi:explicitMember> </xbrli:segment> </xbrli:entity> <xbrli:period> <xbrli:startDate>2021-09-20</xbrli:startDate> <xbrli:endDate>2021-09-20</xbrli:endDate> </xbrli:period> </xbrli:context> <xbrli:context id="I20210920_ForeignSecuritiesRiskMember"> <xbrli:entity> <xbrli:identifier scheme="http://www.sec.gov/CIK">0001380936</xbrli:identifier> <xbrli:segment> <xbrldi:explicitMember dimension="cef:RiskAxis">gsof:ForeignSecuritiesRiskMember</xbrldi:explicitMember> </xbrli:segment> </xbrli:entity> <xbrli:period> <xbrli:startDate>2021-09-20</xbrli:startDate> <xbrli:endDate>2021-09-20</xbrli:endDate> </xbrli:period> </xbrli:context> <xbrli:context id="I20210920_IncomeRiskMember"> <xbrli:entity> <xbrli:identifier scheme="http://www.sec.gov/CIK">0001380936</xbrli:identifier> <xbrli:segment> <xbrldi:explicitMember dimension="cef:RiskAxis">gsof:IncomeRiskMember</xbrldi:explicitMember> </xbrli:segment> </xbrli:entity> <xbrli:period> <xbrli:startDate>2021-09-20</xbrli:startDate> <xbrli:endDate>2021-09-20</xbrli:endDate> </xbrli:period> </xbrli:context> <xbrli:context id="I20210920_IncomeSecuritiesRiskMember"> <xbrli:entity> <xbrli:identifier scheme="http://www.sec.gov/CIK">0001380936</xbrli:identifier> <xbrli:segment> <xbrldi:explicitMember dimension="cef:RiskAxis">gsof:IncomeSecuritiesRiskMember</xbrldi:explicitMember> </xbrli:segment> </xbrli:entity> <xbrli:period> <xbrli:startDate>2021-09-20</xbrli:startDate> <xbrli:endDate>2021-09-20</xbrli:endDate> </xbrli:period> </xbrli:context> <xbrli:context id="I20210920_IncreasingGovernmentAndOtherPublicDebtRiskMember"> <xbrli:entity> <xbrli:identifier scheme="http://www.sec.gov/CIK">0001380936</xbrli:identifier> <xbrli:segment> <xbrldi:explicitMember dimension="cef:RiskAxis">gsof:IncreasingGovernmentAndOtherPublicDebtRiskMember</xbrldi:explicitMember> </xbrli:segment> </xbrli:entity> <xbrli:period> <xbrli:startDate>2021-09-20</xbrli:startDate> <xbrli:endDate>2021-09-20</xbrli:endDate> </xbrli:period> </xbrli:context> <xbrli:context id="I20210920_InflationDeflationRiskMember"> <xbrli:entity> <xbrli:identifier scheme="http://www.sec.gov/CIK">0001380936</xbrli:identifier> <xbrli:segment> <xbrldi:explicitMember dimension="cef:RiskAxis">gsof:InflationDeflationRiskMember</xbrldi:explicitMember> </xbrli:segment> </xbrli:entity> <xbrli:period> <xbrli:startDate>2021-09-20</xbrli:startDate> <xbrli:endDate>2021-09-20</xbrli:endDate> </xbrli:period> </xbrli:context> <xbrli:context id="I20210920_InvestmentAndMarketRiskMember"> <xbrli:entity> <xbrli:identifier scheme="http://www.sec.gov/CIK">0001380936</xbrli:identifier> <xbrli:segment> <xbrldi:explicitMember dimension="cef:RiskAxis">gsof:InvestmentAndMarketRiskMember</xbrldi:explicitMember> </xbrli:segment> </xbrli:entity> <xbrli:period> <xbrli:startDate>2021-09-20</xbrli:startDate> <xbrli:endDate>2021-09-20</xbrli:endDate> </xbrli:period> </xbrli:context> <xbrli:context id="I20210920_InvestmentFundsRiskMember"> <xbrli:entity> <xbrli:identifier scheme="http://www.sec.gov/CIK">0001380936</xbrli:identifier> <xbrli:segment> <xbrldi:explicitMember dimension="cef:RiskAxis">gsof:InvestmentFundsRiskMember</xbrldi:explicitMember> </xbrli:segment> </xbrli:entity> <xbrli:period> <xbrli:startDate>2021-09-20</xbrli:startDate> <xbrli:endDate>2021-09-20</xbrli:endDate> </xbrli:period> </xbrli:context> <xbrli:context id="I20210920_LegislationAndRegulationRiskMember"> <xbrli:entity> <xbrli:identifier scheme="http://www.sec.gov/CIK">0001380936</xbrli:identifier> <xbrli:segment> <xbrldi:explicitMember dimension="cef:RiskAxis">gsof:LegislationAndRegulationRiskMember</xbrldi:explicitMember> </xbrli:segment> </xbrli:entity> <xbrli:period> <xbrli:startDate>2021-09-20</xbrli:startDate> <xbrli:endDate>2021-09-20</xbrli:endDate> </xbrli:period> </xbrli:context> <xbrli:context id="I20210920_LIBORReplacementRiskMember"> <xbrli:entity> <xbrli:identifier scheme="http://www.sec.gov/CIK">0001380936</xbrli:identifier> <xbrli:segment> <xbrldi:explicitMember dimension="cef:RiskAxis">gsof:LIBORReplacementRiskMember</xbrldi:explicitMember> </xbrli:segment> </xbrli:entity> <xbrli:period> <xbrli:startDate>2021-09-20</xbrli:startDate> <xbrli:endDate>2021-09-20</xbrli:endDate> </xbrli:period> </xbrli:context> <xbrli:context id="I20210920_LoansAndLoanParticipationsAndAssignmentsRiskMember"> <xbrli:entity> <xbrli:identifier scheme="http://www.sec.gov/CIK">0001380936</xbrli:identifier> <xbrli:segment> <xbrldi:explicitMember dimension="cef:RiskAxis">gsof:LoansAndLoanParticipationsAndAssignmentsRiskMember</xbrldi:explicitMember> </xbrli:segment> </xbrli:entity> <xbrli:period> <xbrli:startDate>2021-09-20</xbrli:startDate> <xbrli:endDate>2021-09-20</xbrli:endDate> </xbrli:period> </xbrli:context> <xbrli:context id="I20210920_ManagementRiskMember"> <xbrli:entity> <xbrli:identifier scheme="http://www.sec.gov/CIK">0001380936</xbrli:identifier> <xbrli:segment> <xbrldi:explicitMember dimension="cef:RiskAxis">gsof:ManagementRiskMember</xbrldi:explicitMember> </xbrli:segment> </xbrli:entity> <xbrli:period> <xbrli:startDate>2021-09-20</xbrli:startDate> <xbrli:endDate>2021-09-20</xbrli:endDate> </xbrli:period> </xbrli:context> <xbrli:context id="I20210920_MarketDiscountRiskMember"> <xbrli:entity> <xbrli:identifier scheme="http://www.sec.gov/CIK">0001380936</xbrli:identifier> <xbrli:segment> <xbrldi:explicitMember dimension="cef:RiskAxis">gsof:MarketDiscountRiskMember</xbrldi:explicitMember> </xbrli:segment> </xbrli:entity> <xbrli:period> <xbrli:startDate>2021-09-20</xbrli:startDate> <xbrli:endDate>2021-09-20</xbrli:endDate> </xbrli:period> </xbrli:context> <xbrli:context id="I20210920_MarketDisruptionAndGeopoliticalRiskMember"> <xbrli:entity> <xbrli:identifier scheme="http://www.sec.gov/CIK">0001380936</xbrli:identifier> <xbrli:segment> <xbrldi:explicitMember dimension="cef:RiskAxis">gsof:MarketDisruptionAndGeopoliticalRiskMember</xbrldi:explicitMember> </xbrli:segment> </xbrli:entity> <xbrli:period> <xbrli:startDate>2021-09-20</xbrli:startDate> <xbrli:endDate>2021-09-20</xbrli:endDate> </xbrli:period> </xbrli:context> <xbrli:context id="I20210920_MezzanineInvestmentsRiskMember"> <xbrli:entity> <xbrli:identifier scheme="http://www.sec.gov/CIK">0001380936</xbrli:identifier> <xbrli:segment> <xbrldi:explicitMember dimension="cef:RiskAxis">gsof:MezzanineInvestmentsRiskMember</xbrldi:explicitMember> </xbrli:segment> </xbrli:entity> <xbrli:period> <xbrli:startDate>2021-09-20</xbrli:startDate> <xbrli:endDate>2021-09-20</xbrli:endDate> </xbrli:period> </xbrli:context> <xbrli:context id="I20210920_MortgageBackedSecuritiesRiskMember"> <xbrli:entity> <xbrli:identifier scheme="http://www.sec.gov/CIK">0001380936</xbrli:identifier> <xbrli:segment> <xbrldi:explicitMember dimension="cef:RiskAxis">gsof:MortgageBackedSecuritiesRiskMember</xbrldi:explicitMember> </xbrli:segment> </xbrli:entity> <xbrli:period> <xbrli:startDate>2021-09-20</xbrli:startDate> <xbrli:endDate>2021-09-20</xbrli:endDate> </xbrli:period> </xbrli:context> <xbrli:context id="I20210920_MunicipalSecuritiesRiskMember"> <xbrli:entity> <xbrli:identifier scheme="http://www.sec.gov/CIK">0001380936</xbrli:identifier> <xbrli:segment> <xbrldi:explicitMember dimension="cef:RiskAxis">gsof:MunicipalSecuritiesRiskMember</xbrldi:explicitMember> </xbrli:segment> </xbrli:entity> <xbrli:period> <xbrli:startDate>2021-09-20</xbrli:startDate> <xbrli:endDate>2021-09-20</xbrli:endDate> </xbrli:period> </xbrli:context> <xbrli:context id="I20210920_NotACompleteInvestmentProgramMember"> <xbrli:entity> <xbrli:identifier scheme="http://www.sec.gov/CIK">0001380936</xbrli:identifier> <xbrli:segment> <xbrldi:explicitMember dimension="cef:RiskAxis">gsof:NotACompleteInvestmentProgramMember</xbrldi:explicitMember> </xbrli:segment> </xbrli:entity> <xbrli:period> <xbrli:startDate>2021-09-20</xbrli:startDate> <xbrli:endDate>2021-09-20</xbrli:endDate> </xbrli:period> </xbrli:context> <xbrli:context id="I20210920_PortfolioTurnoverRiskMember"> <xbrli:entity> <xbrli:identifier scheme="http://www.sec.gov/CIK">0001380936</xbrli:identifier> <xbrli:segment> <xbrldi:explicitMember dimension="cef:RiskAxis">gsof:PortfolioTurnoverRiskMember</xbrldi:explicitMember> </xbrli:segment> </xbrli:entity> <xbrli:period> <xbrli:startDate>2021-09-20</xbrli:startDate> <xbrli:endDate>2021-09-20</xbrli:endDate> </xbrli:period> </xbrli:context> <xbrli:context id="I20210920_PreferredSharesMember"> <xbrli:entity> <xbrli:identifier scheme="http://www.sec.gov/CIK">0001380936</xbrli:identifier> <xbrli:segment> <xbrldi:explicitMember dimension="cef:SecurityAxis">gsof:PreferredSharesMember</xbrldi:explicitMember> </xbrli:segment> </xbrli:entity> <xbrli:period> <xbrli:startDate>2021-09-20</xbrli:startDate> <xbrli:endDate>2021-09-20</xbrli:endDate> </xbrli:period> </xbrli:context> <xbrli:context id="I20210920_PreferredStockRiskMember"> <xbrli:entity> <xbrli:identifier scheme="http://www.sec.gov/CIK">0001380936</xbrli:identifier> <xbrli:segment> <xbrldi:explicitMember dimension="cef:RiskAxis">gsof:PreferredStockRiskMember</xbrldi:explicitMember> </xbrli:segment> </xbrli:entity> <xbrli:period> <xbrli:startDate>2021-09-20</xbrli:startDate> <xbrli:endDate>2021-09-20</xbrli:endDate> </xbrli:period> </xbrli:context> <xbrli:context id="I20210920_PrivateSecuritiesRiskMember"> <xbrli:entity> <xbrli:identifier scheme="http://www.sec.gov/CIK">0001380936</xbrli:identifier> <xbrli:segment> <xbrldi:explicitMember dimension="cef:RiskAxis">gsof:PrivateSecuritiesRiskMember</xbrldi:explicitMember> </xbrli:segment> </xbrli:entity> <xbrli:period> <xbrli:startDate>2021-09-20</xbrli:startDate> <xbrli:endDate>2021-09-20</xbrli:endDate> </xbrli:period> </xbrli:context> <xbrli:context id="I20210920_RecentMarketDevelopmentsRiskMember"> <xbrli:entity> <xbrli:identifier scheme="http://www.sec.gov/CIK">0001380936</xbrli:identifier> <xbrli:segment> <xbrldi:explicitMember dimension="cef:RiskAxis">gsof:RecentMarketDevelopmentsRiskMember</xbrldi:explicitMember> </xbrli:segment> </xbrli:entity> <xbrli:period> <xbrli:startDate>2021-09-20</xbrli:startDate> <xbrli:endDate>2021-09-20</xbrli:endDate> </xbrli:period> </xbrli:context> <xbrli:context id="I20210920_RedenominationRiskMember"> <xbrli:entity> <xbrli:identifier scheme="http://www.sec.gov/CIK">0001380936</xbrli:identifier> <xbrli:segment> <xbrldi:explicitMember dimension="cef:RiskAxis">gsof:RedenominationRiskMember</xbrldi:explicitMember> </xbrli:segment> </xbrli:entity> <xbrli:period> <xbrli:startDate>2021-09-20</xbrli:startDate> <xbrli:endDate>2021-09-20</xbrli:endDate> </xbrli:period> </xbrli:context> <xbrli:context id="I20210920_RepurchaseAgreementRiskMember"> <xbrli:entity> <xbrli:identifier scheme="http://www.sec.gov/CIK">0001380936</xbrli:identifier> <xbrli:segment> <xbrldi:explicitMember dimension="cef:RiskAxis">gsof:RepurchaseAgreementRiskMember</xbrldi:explicitMember> </xbrli:segment> </xbrli:entity> <xbrli:period> <xbrli:startDate>2021-09-20</xbrli:startDate> <xbrli:endDate>2021-09-20</xbrli:endDate> </xbrli:period> </xbrli:context> <xbrli:context id="I20210920_RiskOfFailureToQualifyAsARICMember"> <xbrli:entity> <xbrli:identifier scheme="http://www.sec.gov/CIK">0001380936</xbrli:identifier> <xbrli:segment> <xbrldi:explicitMember dimension="cef:RiskAxis">gsof:RiskOfFailureToQualifyAsARICMember</xbrldi:explicitMember> </xbrli:segment> </xbrli:entity> <xbrli:period> <xbrli:startDate>2021-09-20</xbrli:startDate> <xbrli:endDate>2021-09-20</xbrli:endDate> </xbrli:period> </xbrli:context> <xbrli:context id="I20210920_RisksAssociatedWithRiskLinkedSecuritiesMember"> <xbrli:entity> <xbrli:identifier scheme="http://www.sec.gov/CIK">0001380936</xbrli:identifier> <xbrli:segment> <xbrldi:explicitMember dimension="cef:RiskAxis">gsof:RisksAssociatedWithRiskLinkedSecuritiesMember</xbrldi:explicitMember> </xbrli:segment> </xbrli:entity> <xbrli:period> <xbrli:startDate>2021-09-20</xbrli:startDate> <xbrli:endDate>2021-09-20</xbrli:endDate> </xbrli:period> </xbrli:context> <xbrli:context id="I20210920_RisksAssociatedWithStructuredNotesMember"> <xbrli:entity> <xbrli:identifier scheme="http://www.sec.gov/CIK">0001380936</xbrli:identifier> <xbrli:segment> <xbrldi:explicitMember dimension="cef:RiskAxis">gsof:RisksAssociatedWithStructuredNotesMember</xbrldi:explicitMember> </xbrli:segment> </xbrli:entity> <xbrli:period> <xbrli:startDate>2021-09-20</xbrli:startDate> <xbrli:endDate>2021-09-20</xbrli:endDate> </xbrli:period> </xbrli:context> <xbrli:context id="I20210920_RisksAssociatedWithTheFundsCoveredCallOptionStrategyAndPutOptionsMember"> <xbrli:entity> <xbrli:identifier scheme="http://www.sec.gov/CIK">0001380936</xbrli:identifier> <xbrli:segment> <xbrldi:explicitMember dimension="cef:RiskAxis">gsof:RisksAssociatedWithTheFundsCoveredCallOptionStrategyAndPutOptionsMember</xbrldi:explicitMember> </xbrli:segment> </xbrli:entity> <xbrli:period> <xbrli:startDate>2021-09-20</xbrli:startDate> <xbrli:endDate>2021-09-20</xbrli:endDate> </xbrli:period> </xbrli:context> <xbrli:context id="I20210920_RisksOfPersonalPropertyAssetCompaniesMember"> <xbrli:entity> <xbrli:identifier scheme="http://www.sec.gov/CIK">0001380936</xbrli:identifier> <xbrli:segment> <xbrldi:explicitMember dimension="cef:RiskAxis">gsof:RisksOfPersonalPropertyAssetCompaniesMember</xbrldi:explicitMember> </xbrli:segment> </xbrli:entity> <xbrli:period> <xbrli:startDate>2021-09-20</xbrli:startDate> <xbrli:endDate>2021-09-20</xbrli:endDate> </xbrli:period> </xbrli:context> <xbrli:context id="I20210920_RisksOfRealPropertyAssetCompaniesMember"> <xbrli:entity> <xbrli:identifier scheme="http://www.sec.gov/CIK">0001380936</xbrli:identifier> <xbrli:segment> <xbrldi:explicitMember dimension="cef:RiskAxis">gsof:RisksOfRealPropertyAssetCompaniesMember</xbrldi:explicitMember> </xbrli:segment> </xbrli:entity> <xbrli:period> <xbrli:startDate>2021-09-20</xbrli:startDate> <xbrli:endDate>2021-09-20</xbrli:endDate> </xbrli:period> </xbrli:context> <xbrli:context id="I20210920_SecondLienLoansRiskMember"> <xbrli:entity> <xbrli:identifier scheme="http://www.sec.gov/CIK">0001380936</xbrli:identifier> <xbrli:segment> <xbrldi:explicitMember dimension="cef:RiskAxis">gsof:SecondLienLoansRiskMember</xbrldi:explicitMember> </xbrli:segment> </xbrli:entity> <xbrli:period> <xbrli:startDate>2021-09-20</xbrli:startDate> <xbrli:endDate>2021-09-20</xbrli:endDate> </xbrli:period> </xbrli:context> <xbrli:context id="I20210920_SecuritiesLendingRiskMember"> <xbrli:entity> <xbrli:identifier scheme="http://www.sec.gov/CIK">0001380936</xbrli:identifier> <xbrli:segment> <xbrldi:explicitMember dimension="cef:RiskAxis">gsof:SecuritiesLendingRiskMember</xbrldi:explicitMember> </xbrli:segment> </xbrli:entity> <xbrli:period> <xbrli:startDate>2021-09-20</xbrli:startDate> <xbrli:endDate>2021-09-20</xbrli:endDate> </xbrli:period> </xbrli:context> <xbrli:context id="I20210920_SeniorLoansRiskMember"> <xbrli:entity> <xbrli:identifier scheme="http://www.sec.gov/CIK">0001380936</xbrli:identifier> <xbrli:segment> <xbrldi:explicitMember dimension="cef:RiskAxis">gsof:SeniorLoansRiskMember</xbrldi:explicitMember> </xbrli:segment> </xbrli:entity> <xbrli:period> <xbrli:startDate>2021-09-20</xbrli:startDate> <xbrli:endDate>2021-09-20</xbrli:endDate> </xbrli:period> </xbrli:context> <xbrli:context id="I20210920_ShortSalesRiskMember"> <xbrli:entity> <xbrli:identifier scheme="http://www.sec.gov/CIK">0001380936</xbrli:identifier> <xbrli:segment> <xbrldi:explicitMember dimension="cef:RiskAxis">gsof:ShortSalesRiskMember</xbrldi:explicitMember> </xbrli:segment> </xbrli:entity> <xbrli:period> <xbrli:startDate>2021-09-20</xbrli:startDate> <xbrli:endDate>2021-09-20</xbrli:endDate> </xbrli:period> </xbrli:context> <xbrli:context id="I20210920_SovereignDebtRiskMember"> <xbrli:entity> <xbrli:identifier scheme="http://www.sec.gov/CIK">0001380936</xbrli:identifier> <xbrli:segment> <xbrldi:explicitMember dimension="cef:RiskAxis">gsof:SovereignDebtRiskMember</xbrldi:explicitMember> </xbrli:segment> </xbrli:entity> <xbrli:period> <xbrli:startDate>2021-09-20</xbrli:startDate> <xbrli:endDate>2021-09-20</xbrli:endDate> </xbrli:period> </xbrli:context> <xbrli:context id="I20210920_StructuredFinanceInvestmentsRiskMember"> <xbrli:entity> <xbrli:identifier scheme="http://www.sec.gov/CIK">0001380936</xbrli:identifier> <xbrli:segment> <xbrldi:explicitMember dimension="cef:RiskAxis">gsof:StructuredFinanceInvestmentsRiskMember</xbrldi:explicitMember> </xbrli:segment> </xbrli:entity> <xbrli:period> <xbrli:startDate>2021-09-20</xbrli:startDate> <xbrli:endDate>2021-09-20</xbrli:endDate> </xbrli:period> </xbrli:context> <xbrli:context id="I20210920_SubordinatedSecuredLoansRiskMember"> <xbrli:entity> <xbrli:identifier scheme="http://www.sec.gov/CIK">0001380936</xbrli:identifier> <xbrli:segment> <xbrldi:explicitMember dimension="cef:RiskAxis">gsof:SubordinatedSecuredLoansRiskMember</xbrldi:explicitMember> </xbrli:segment> </xbrli:entity> <xbrli:period> <xbrli:startDate>2021-09-20</xbrli:startDate> <xbrli:endDate>2021-09-20</xbrli:endDate> </xbrli:period> </xbrli:context> <xbrli:context id="I20210920_SyntheticInvestmentsRiskMember"> <xbrli:entity> <xbrli:identifier scheme="http://www.sec.gov/CIK">0001380936</xbrli:identifier> <xbrli:segment> <xbrldi:explicitMember dimension="cef:RiskAxis">gsof:SyntheticInvestmentsRiskMember</xbrldi:explicitMember> </xbrli:segment> </xbrli:entity> <xbrli:period> <xbrli:startDate>2021-09-20</xbrli:startDate> <xbrli:endDate>2021-09-20</xbrli:endDate> </xbrli:period> </xbrli:context> <xbrli:context id="I20210920_TechnologyRiskMember"> <xbrli:entity> <xbrli:identifier scheme="http://www.sec.gov/CIK">0001380936</xbrli:identifier> <xbrli:segment> <xbrldi:explicitMember dimension="cef:RiskAxis">gsof:TechnologyRiskMember</xbrldi:explicitMember> </xbrli:segment> </xbrli:entity> <xbrli:period> <xbrli:startDate>2021-09-20</xbrli:startDate> <xbrli:endDate>2021-09-20</xbrli:endDate> </xbrli:period> </xbrli:context> <xbrli:context id="I20210920_UKDepartureFromEUBrexitRiskMember"> <xbrli:entity> <xbrli:identifier scheme="http://www.sec.gov/CIK">0001380936</xbrli:identifier> <xbrli:segment> <xbrldi:explicitMember dimension="cef:RiskAxis">gsof:UKDepartureFromEUBrexitRiskMember</xbrldi:explicitMember> </xbrli:segment> </xbrli:entity> <xbrli:period> <xbrli:startDate>2021-09-20</xbrli:startDate> <xbrli:endDate>2021-09-20</xbrli:endDate> </xbrli:period> </xbrli:context> <xbrli:context id="I20210920_UnsecuredLoansRiskMember"> <xbrli:entity> <xbrli:identifier scheme="http://www.sec.gov/CIK">0001380936</xbrli:identifier> <xbrli:segment> <xbrldi:explicitMember dimension="cef:RiskAxis">gsof:UnsecuredLoansRiskMember</xbrldi:explicitMember> </xbrli:segment> </xbrli:entity> <xbrli:period> <xbrli:startDate>2021-09-20</xbrli:startDate> <xbrli:endDate>2021-09-20</xbrli:endDate> </xbrli:period> </xbrli:context> <xbrli:context id="I20210920_USGovernmentSecuritiesRiskMember"> <xbrli:entity> <xbrli:identifier scheme="http://www.sec.gov/CIK">0001380936</xbrli:identifier> <xbrli:segment> <xbrldi:explicitMember dimension="cef:RiskAxis">gsof:USGovernmentSecuritiesRiskMember</xbrldi:explicitMember> </xbrli:segment> </xbrli:entity> <xbrli:period> <xbrli:startDate>2021-09-20</xbrli:startDate> <xbrli:endDate>2021-09-20</xbrli:endDate> </xbrli:period> </xbrli:context> <xbrli:context id="I20210920_WhenIssuedAndDelayedDeliveryTransactionsRiskMember"> <xbrli:entity> <xbrli:identifier scheme="http://www.sec.gov/CIK">0001380936</xbrli:identifier> <xbrli:segment> <xbrldi:explicitMember dimension="cef:RiskAxis">gsof:WhenIssuedAndDelayedDeliveryTransactionsRiskMember</xbrldi:explicitMember> </xbrli:segment> </xbrli:entity> <xbrli:period> <xbrli:startDate>2021-09-20</xbrli:startDate> <xbrli:endDate>2021-09-20</xbrli:endDate> </xbrli:period> </xbrli:context> <xbrli:context id="Q12020_CommonSharesMember"> <xbrli:entity> <xbrli:identifier scheme="http://www.sec.gov/CIK">0001380936</xbrli:identifier> <xbrli:segment> <xbrldi:explicitMember dimension="cef:SecurityAxis">gsof:CommonSharesMember</xbrldi:explicitMember> </xbrli:segment> </xbrli:entity> <xbrli:period> <xbrli:startDate>2020-03-01</xbrli:startDate> <xbrli:endDate>2020-05-31</xbrli:endDate> </xbrli:period> </xbrli:context> <xbrli:context id="Q12021_CommonSharesMember"> <xbrli:entity> <xbrli:identifier scheme="http://www.sec.gov/CIK">0001380936</xbrli:identifier> <xbrli:segment> <xbrldi:explicitMember dimension="cef:SecurityAxis">gsof:CommonSharesMember</xbrldi:explicitMember> </xbrli:segment> </xbrli:entity> <xbrli:period> <xbrli:startDate>2021-03-01</xbrli:startDate> <xbrli:endDate>2021-05-31</xbrli:endDate> </xbrli:period> </xbrli:context> <xbrli:context id="Q22019_CommonSharesMember"> <xbrli:entity> <xbrli:identifier scheme="http://www.sec.gov/CIK">0001380936</xbrli:identifier> <xbrli:segment> <xbrldi:explicitMember dimension="cef:SecurityAxis">gsof:CommonSharesMember</xbrldi:explicitMember> </xbrli:segment> </xbrli:entity> <xbrli:period> <xbrli:startDate>2019-06-01</xbrli:startDate> <xbrli:endDate>2019-08-31</xbrli:endDate> </xbrli:period> </xbrli:context> <xbrli:context id="Q22020_CommonSharesMember"> <xbrli:entity> <xbrli:identifier scheme="http://www.sec.gov/CIK">0001380936</xbrli:identifier> <xbrli:segment> <xbrldi:explicitMember dimension="cef:SecurityAxis">gsof:CommonSharesMember</xbrldi:explicitMember> </xbrli:segment> </xbrli:entity> <xbrli:period> <xbrli:startDate>2020-06-01</xbrli:startDate> <xbrli:endDate>2020-08-31</xbrli:endDate> </xbrli:period> </xbrli:context> <xbrli:context id="Q22021_CommonSharesMember"> <xbrli:entity> <xbrli:identifier scheme="http://www.sec.gov/CIK">0001380936</xbrli:identifier> <xbrli:segment> <xbrldi:explicitMember dimension="cef:SecurityAxis">gsof:CommonSharesMember</xbrldi:explicitMember> </xbrli:segment> </xbrli:entity> <xbrli:period> <xbrli:startDate>2021-06-01</xbrli:startDate> <xbrli:endDate>2021-08-31</xbrli:endDate> </xbrli:period> </xbrli:context> <xbrli:context id="Q32019_CommonSharesMember"> <xbrli:entity> <xbrli:identifier scheme="http://www.sec.gov/CIK">0001380936</xbrli:identifier> <xbrli:segment> <xbrldi:explicitMember dimension="cef:SecurityAxis">gsof:CommonSharesMember</xbrldi:explicitMember> </xbrli:segment> </xbrli:entity> <xbrli:period> <xbrli:startDate>2019-09-01</xbrli:startDate> <xbrli:endDate>2019-11-30</xbrli:endDate> </xbrli:period> </xbrli:context> <xbrli:context id="Q32020_CommonSharesMember"> <xbrli:entity> <xbrli:identifier scheme="http://www.sec.gov/CIK">0001380936</xbrli:identifier> <xbrli:segment> <xbrldi:explicitMember dimension="cef:SecurityAxis">gsof:CommonSharesMember</xbrldi:explicitMember> </xbrli:segment> </xbrli:entity> <xbrli:period> <xbrli:startDate>2020-09-01</xbrli:startDate> <xbrli:endDate>2020-11-30</xbrli:endDate> </xbrli:period> </xbrli:context> <xbrli:context id="Q42020_CommonSharesMember"> <xbrli:entity> <xbrli:identifier scheme="http://www.sec.gov/CIK">0001380936</xbrli:identifier> <xbrli:segment> <xbrldi:explicitMember dimension="cef:SecurityAxis">gsof:CommonSharesMember</xbrldi:explicitMember> </xbrli:segment> </xbrli:entity> <xbrli:period> <xbrli:startDate>2019-12-01</xbrli:startDate> <xbrli:endDate>2020-02-29</xbrli:endDate> </xbrli:period> </xbrli:context> <xbrli:context id="Q42021_CommonSharesMember"> <xbrli:entity> <xbrli:identifier scheme="http://www.sec.gov/CIK">0001380936</xbrli:identifier> <xbrli:segment> <xbrldi:explicitMember dimension="cef:SecurityAxis">gsof:CommonSharesMember</xbrldi:explicitMember> </xbrli:segment> </xbrli:entity> <xbrli:period> <xbrli:startDate>2020-12-01</xbrli:startDate> <xbrli:endDate>2021-02-28</xbrli:endDate> </xbrli:period> </xbrli:context> <xbrli:unit id="pure"> <xbrli:measure>xbrli:pure</xbrli:measure> </xbrli:unit> <xbrli:unit id="USD"> <xbrli:measure>iso4217:USD</xbrli:measure> </xbrli:unit> <xbrli:unit id="shares"> <xbrli:measure>xbrli:shares</xbrli:measure> </xbrli:unit> <xbrli:unit id="USD_shares"> <xbrli:divide> <xbrli:unitNumerator> <xbrli:measure>iso4217:USD</xbrli:measure> </xbrli:unitNumerator> <xbrli:unitDenominator> <xbrli:measure>xbrli:shares</xbrli:measure> </xbrli:unitDenominator> </xbrli:divide> </xbrli:unit> <ix:relationship fromRefs="h_1_db36af48_0a51_9af7_b8e3_7c8841721e89" toRefs="f_0001_000001"></ix:relationship> <ix:relationship fromRefs="h_19_0aeb826e_cff1_0903_73ac_5df3a14e0ec1" toRefs="f_0005_000001"></ix:relationship> <ix:relationship fromRefs="h_19_34459dd0_ff3e_8972_148f_c78e877f166d" toRefs="f_0001_000003"></ix:relationship> <ix:relationship fromRefs="h_2_e6dcd2c6_0bd3_463d_033b_ca8be0fd735b" toRefs="f_0001_000002"></ix:relationship> <ix:relationship fromRefs="h_20_688724f0_c713_d5e6_077d_a0104c3dae79" toRefs="f_0005_000001"></ix:relationship> <ix:relationship fromRefs="h_21_4aab7e36_fd44_d971_818b_8f04271017a5" toRefs="f_0005_000001"></ix:relationship> <ix:relationship fromRefs="h_22_1bdde45a_3c5a_d1e5_8243_9bd9236de5ac" toRefs="f_0005_000001"></ix:relationship> <ix:relationship fromRefs="h_23_d2efa018_384b_0c6b_0649_042fd55effd8" toRefs="f_0005_000001"></ix:relationship> <ix:relationship fromRefs="h_24_15bbc83c_dd3e_e895_acb0_6369b7604363" toRefs="f_0005_000001"></ix:relationship> <ix:relationship fromRefs="h_25_ac8d3621_b34a_e77c_2649_899cc1a57642" toRefs="f_0005_000001"></ix:relationship> <ix:relationship fromRefs="h_26_03015968_3104_f2e1_2361_a4e34989212e" toRefs="f_0004_000001"></ix:relationship> <ix:relationship fromRefs="h_26_07df73fe_310e_cde6_2770_57d7884c5fa0" toRefs="f_0004_000001"></ix:relationship> <ix:relationship fromRefs="h_26_6a2f2612_df1d_ec72_5962_82adaac0aea6" toRefs="f_0004_000001"></ix:relationship> <ix:relationship fromRefs="h_26_7da213e3_40b1_12a6_5f73_bbaaaedafc93" toRefs="f_0004_000001"></ix:relationship> <ix:relationship fromRefs="h_26_80da2bcf_deec_1071_693f_59603d1592eb" toRefs="f_0004_000001"></ix:relationship> <ix:relationship fromRefs="h_26_ae598643_d275_d152_abac_88944025ccb6" toRefs="f_0004_000001"></ix:relationship> <ix:relationship fromRefs="h_26_aec0c12f_d2fc_17ed_7098_0ac739bcebae" toRefs="f_0004_000001"></ix:relationship> <ix:relationship fromRefs="h_26_c5c473f6_6275_acd7_e255_48ee07da69fc" toRefs="f_0004_000001"></ix:relationship> <ix:relationship fromRefs="h_26_db5997f0_6004_d6fe_505c_6aeab77b9f12" toRefs="f_0004_000001"></ix:relationship> <ix:relationship fromRefs="h_26_e344dc4d_1812_4d05_44bf_cdddb17e80d9" toRefs="f_0005_000001"></ix:relationship> <ix:relationship fromRefs="h_26_e64e4a8d_f393_5939_5534_0e8d50f5374b" toRefs="f_0004_000001"></ix:relationship> <ix:relationship fromRefs="h_27_a9164056_c39b_567f_63e7_d93e9eb5db5c" toRefs="f_0005_000001"></ix:relationship> <ix:relationship fromRefs="h_28_6246f8e4_325b_57ba_ed5b_174d2e9537f9" toRefs="f_0005_000001"></ix:relationship> <ix:relationship fromRefs="h_29_8348b7a0_a375_514e_6a0a_837b67752758" toRefs="f_0005_000001"></ix:relationship> <ix:relationship fromRefs="h_30_8991623c_3ff9_803e_a1a2_0db2a3a04324" toRefs="f_0005_000001"></ix:relationship> <ix:relationship fromRefs="h_31_a4070b74_dab2_7cf0_c3dd_b4a818b46892" toRefs="f_0005_000001"></ix:relationship> <ix:relationship fromRefs="h_32_53acc8b5_8045_42ce_0a9b_badc4b7a998e" toRefs="f_0005_000001"></ix:relationship> <ix:relationship fromRefs="h_33_8db48d28_6540_ee7c_35cb_2b6596b979aa" toRefs="f_0005_000001"></ix:relationship> <ix:relationship fromRefs="h_34_0e65c03d_9983_2b10_1e7d_1c85d4c7b09f" toRefs="f_0005_000001"></ix:relationship> <ix:relationship fromRefs="h_35_2b275481_4024_ad58_1671_98478258099d" toRefs="f_0005_000001"></ix:relationship> <ix:relationship fromRefs="h_36_8d802b33_e1c9_ba75_ff60_a800f6da1fa5" toRefs="f_0005_000001"></ix:relationship> <ix:relationship fromRefs="h_37_9fe0f359_5a2c_5ce8_361f_8c53d58782e1" toRefs="f_0005_000002"></ix:relationship> <ix:relationship fromRefs="h_38_f8af7538_a617_2384_88dc_c02a0dcf8fd0" toRefs="f_0005_000002"></ix:relationship> <ix:relationship fromRefs="h_39_f46efae3_7a09_b02f_7155_8506e317de24" toRefs="f_0005_000002"></ix:relationship> <ix:relationship fromRefs="h_4_0096c064_4f5d_1a21_8ac2_37d5a33fd1d8" toRefs="f_0001_000004"></ix:relationship> <ix:relationship fromRefs="h_4_0096c064_4f5d_1a21_8ac2_37d5a33fd1d8" toRefs="f_0001_000005"></ix:relationship> <ix:relationship fromRefs="h_40_f041974f_1fdc_ae25_9768_3e055638e814" toRefs="f_0005_000002"></ix:relationship> <ix:relationship fromRefs="h_41_c6a80d9a_165e_f8ba_25ff_558dcdabf73b" toRefs="f_0005_000002"></ix:relationship> <ix:relationship fromRefs="h_42_2ea77810_2ca5_788f_b6b3_e6f0ce5e571d" toRefs="f_0005_000002"></ix:relationship> <ix:relationship fromRefs="h_43_3d70c64e_c033_6316_60a4_bad98cb9af87" toRefs="f_0005_000002"></ix:relationship> <ix:relationship fromRefs="h_44_8d1d5bb7_5312_2ec9_9c1d_dcaad1c5ff82" toRefs="f_0005_000002"></ix:relationship> <ix:relationship fromRefs="h_45_a3e7dc3a_a459_e0d9_288e_6271bc9de1b0" toRefs="f_0005_000002"></ix:relationship> <ix:relationship fromRefs="h_46_e4a3af2b_5f9f_8fa9_4877_adf368457923" toRefs="f_0005_000002"></ix:relationship> <ix:relationship fromRefs="h_47_28ea45f4_3b16_c937_a51b_6569cf9cff00" toRefs="f_0005_000002"></ix:relationship> <ix:relationship fromRefs="h_48_74511f53_aea2_c6a3_90c0_9bd334f3176c" toRefs="f_0005_000002"></ix:relationship> <ix:relationship fromRefs="h_49_b2568e71_3660_b2ec_aad4_bd2766ded8b6" toRefs="f_0005_000002"></ix:relationship> <ix:relationship fromRefs="h_5_e0ad48cc_b6f6_d1e8_183c_00309089657e" toRefs="f_0001_000004"></ix:relationship> <ix:relationship fromRefs="h_5_e0ad48cc_b6f6_d1e8_183c_00309089657e" toRefs="f_0001_000006"></ix:relationship> <ix:relationship fromRefs="h_50_a5f4329f_7e4f_9116_e37e_a354f4ddc865" toRefs="f_0005_000002"></ix:relationship> <ix:relationship fromRefs="h_51_a495e1b3_3dbf_cb81_1ef9_5cf08aa72eaf" toRefs="f_0005_000002"></ix:relationship> <ix:relationship fromRefs="h_52_03347b28_599f_f4e0_3927_f56fba40ed2b" toRefs="f_0005_000002"></ix:relationship> <ix:relationship fromRefs="h_53_0221da45_6993_a025_b2a3_88dd3cb4e7b1" toRefs="f_0005_000002"></ix:relationship> <ix:relationship fromRefs="h_54_3dd74a22_f818_c85b_8a02_e91812261613" toRefs="f_0005_000002"></ix:relationship> <ix:relationship fromRefs="h_6_1fd12318_184b_70d2_68c6_8738fe7146df" toRefs="f_0001_000004"></ix:relationship> <ix:relationship fromRefs="h_6_1fd12318_184b_70d2_68c6_8738fe7146df" toRefs="f_0001_000007"></ix:relationship> <ix:relationship fromRefs="h_7_aacc37ef_ac06_c8a5_6f83_6ba49f7b49df" toRefs="f_0001_000004"></ix:relationship> <ix:relationship fromRefs="h_7_aacc37ef_ac06_c8a5_6f83_6ba49f7b49df" toRefs="f_0001_000010"></ix:relationship> <ix:relationship fromRefs="h_8_bc0a9d7f_35d0_b5f2_f48d_0b1af9cb1216" toRefs="f_0001_000004"></ix:relationship> <ix:relationship fromRefs="h_8_bc0a9d7f_35d0_b5f2_f48d_0b1af9cb1216" toRefs="f_0001_000009"></ix:relationship> </ix:resources> </ix:header> </div> <div> <div> <div> <div> <div> <div><a id="xx_1548aba1-fd92-4499-bf5b-bcdcbff65877_1"></a> <div style="page-break-after: always; position: relative;"> <div style="clear: both;"></div> <div style="float: left; min-height: 696pt; margin-left: 39pt; margin-top: 36pt; width: 516pt;"> <div style="line-height: 12.02pt; margin-top: 6pt; text-align: right;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-weight: bold;">Filed Pursuant to Rule 424(b)(5)</span> <br /><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-weight: bold;">Securities Act File No. 333-259592</span> <br /><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-weight: bold;">Investment Company Act File No. 811-21982</span><span style="color: #000000; font-family: times new roman; font-size: 1pt; line-height: 1pt;">&#8195;</span></div> <div style="margin-top: 0.0pt;">
<table style="empty-cells: show; width: 516pt;" cellpadding="0" cellspacing="0">
<tr style="height: auto;">
<td style="background-color: #ffffff; padding-bottom: 1.5pt; padding-top: 1.5pt; vertical-align: Top; width: 296pt;"> <div style="line-height: 0.5pt; text-align: left;"> <div style="margin-right: 3pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-weight: bold; margin-left: 0.0pt;">&#160;</span></div> </div> </td>
<td style="background-color: #ffffff; padding-bottom: 1.5pt; padding-top: 1.5pt; vertical-align: Top; width: 220pt;"> <div style="text-align: left;"> <div style="margin-left: 3pt; text-align: right; white-space: nowrap;">
<img src="g457076g1guggenheim_logo2.jpg" style="height: 26pt; width: 220pt;" alt=" " /></div> <div style="margin-left: 3pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10pt; font-weight: bold; line-height: 1pt; margin-left: 0.0pt;">&#8201;</span></div> <div style="margin-left: 3pt; text-align: left; white-space: nowrap;"></div> </div> </td> </tr> </table> </div> <div style="line-height: 12.02pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-weight: bold;">PROSPECTUS SUPPLEMENT</span> <br /><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-weight: bold;">(to Prospectus dated September 20, 2021)</span></div> <div style="line-height: 18.04pt; text-align: center;"><span style="color: #000000; font-family: times new roman; font-size: 16.04pt; line-height: 18.04pt; margin-left: 0%;">&#8195;</span></div> <div style="line-height: 18.04pt; text-align: center;"><span style="color: #000000; font-family: times new roman; font-size: 16.04pt; font-weight: bold; margin-left: 0%;"><ix:nonNumeric name="dei:EntityRegistrantName" id="t_1_c5d13525_ad8f_e4ec_3e5d_0f7b2ce5e5fa" contextRef="DefaultContext">GUGGENHEIM STRATEGIC OPPORTUNITIES FUND</ix:nonNumeric></span></div> <div style="line-height: 12.02pt; margin-top: 7.80pt; text-align: center;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-weight: bold; margin-left: 0%;">Common Shares of Beneficial Interests</span></div> <div style="line-height: 12.02pt; margin-top: 7.80pt; text-align: center;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-weight: bold; margin-left: 0%;">Having an Aggregate Initial Offering Price of Up to $330,024,727</span></div> <div style="line-height: 11.02pt; margin-top: 4.30pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;">Guggenheim Strategic Opportunities Fund (the &#8220;Fund&#8221;) is a diversified, closed-end management investment company. </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">The Fund&#8217;s investment objective is to maximize total return through a combination of current income and capital appreciation. </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">The Fund pursues a relative value-based investment philosophy, which utilizes quantitative and qualitative analysis to seek to </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">identify securities or spreads between securities that deviate from their perceived fair value and/or historical norms. The Fund&#8217;s </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">sub-adviser seeks to combine a credit-managed fixed-income portfolio with access to a diversified pool of alternative </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">investments and equity strategies. The Fund&#8217;s investment philosophy is predicated upon the belief that thorough research and </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">independent thought are rewarded with performance that has the potential to outperform benchmark indexes with both lower </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">volatility and lower correlation of returns as compared to such benchmark indexes. The Fund cannot ensure investors that it will </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">achieve its investment objective.</span></div> <div style="line-height: 11.02pt; margin-top: 3.80pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;">The Fund seeks to achieve its investment objective by investing in a wide range of fixed-income and other debt and </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">senior equity securities (&#8220;Income Securities&#8221;) selected from a variety of sectors and credit qualities, including, but not limited to, </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">corporate bonds, loans and loan participations, structured finance investments, U.S. government and agency securities, </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">mezzanine and preferred securities and convertible securities, and in common stocks, limited liability company interests, trust </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">certificates and other equity investments (&#8220;Common Equity Securities&#8221;) that the Fund&#8217;s sub-adviser believes offer attractive </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">yield and/or capital appreciation potential, including employing a strategy of writing (selling) covered call and put options on </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">such equities.</span></div> <div style="line-height: 11.02pt; margin-top: 3.80pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;">The Fund has entered into a Controlled Equity Offering</span><span style="color: #000000; font-family: times new roman; font-size: 6.5pt; position: relative; top: -2.75pt;">SM</span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"> Sales Agreement, dated July&#160;1, 2019, as amended by First </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">Amendment to Controlled Equity Offering</span><span style="color: #000000; font-family: times new roman; font-size: 6.5pt; position: relative; top: -2.75pt;">SM</span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"> Sales Agreement, dated February&#160;1, 2021, Second Amendment to Controlled </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">Equity Offering</span><span style="color: #000000; font-family: times new roman; font-size: 6.5pt; position: relative; top: -2.75pt;">SM</span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"> Sales Agreement, dated September&#160;16, 2021, and Third Amendment to Controlled Equity Offering</span><span style="color: #000000; font-family: times new roman; font-size: 6.5pt; position: relative; top: -2.75pt;">SM</span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"> Sales </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">Agreement, dated March&#160;27, 2023 (as amended, the &#8220;Sales Agreement&#8221;), by and among the Fund, the Fund&#8217;s investment adviser, </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">Guggenheim Funds Investment Advisors, LLC (the &#8220;Investment Adviser&#8221;), and Cantor Fitzgerald&#160;&#38; Co. (&#8220;Cantor Fitzgerald&#8221;) </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">relating to the Fund&#8217;s common shares of beneficial interest, par value $0.01 per share (the &#8220;Common Shares&#8221;), offered by this </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">Prospectus Supplement and the accompanying Prospectus. In accordance with the terms of the Sales Agreement, the Fund may </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">offer and sell Common Shares having an aggregate initial offering price of up to $330,024,727, from time to time, through </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">Cantor Fitzgerald as agent for the Fund for the offer and sale of the Common Shares.</span></div> <div style="line-height: 11.02pt; margin-top: 3.81pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;">Cantor Fitzgerald will be entitled to compensation of up to 2.00% of the gross proceeds of the sale of any Common </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">Shares under the Sales Agreement, with the exact amount of such compensation to be mutually agreed upon by the Fund and </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">Cantor Fitzgerald from time to time. In connection with the sale of the Common Shares on behalf of the Fund, Cantor Fitzgerald </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">may be deemed to be an &#8220;underwriter&#8221; within the meaning of the Securities Act of 1933, as amended (the &#8220;1933 Act&#8221;), and the </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">compensation of Cantor Fitzgerald may be deemed to be underwriting commissions or discounts.</span></div> <div style="line-height: 11.02pt; margin-top: 3.80pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;">Sales of the Common Shares, if any, under this Prospectus Supplement and the accompanying Prospectus may be made </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">in negotiated transactions or by any method permitted by law deemed to be an &#8220;at the market offering&#8221; as defined in </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">Rule&#160;415(a)(4) under the 1933&#160;Act. The Fund or the Fund and Cantor Fitzgerald will determine whether any sales of Common </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">Shares will be authorized on a particular day.</span></div> <div style="line-height: 11.02pt; margin-top: 3.80pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;">The Fund&#8217;s currently outstanding Common Shares are, and the Common Shares offered by this Prospectus Supplement </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">and the accompanying Prospectus will be listed on the New York Stock Exchange (&#8220;NYSE&#8221;) under the symbol &#8220;GOF.&#8221; At the </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">close of business on March&#160;27, 2023, the net asset value per share of the Fund&#8217;s Common Shares was $12.49 and the last </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">reported sale price for the Fund&#8217;s Common Shares on the NYSE on such date was $15.90 per share, representing a premium to </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">net asset value of 27.30%. To the extent that the market price per Common Share, less any distributing commission or discount, </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">is less than the then current net asset value per Common Share on any given day, the Fund will instruct Cantor Fitzgerald not to </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">make any sales on such day.</span></div> <div style="line-height: 11.02pt; margin-top: 3.80pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;">This Prospectus Supplement, together with the accompanying Prospectus, dated September&#160;20, 2021, sets forth concisely </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">the information that you should know before investing in the Fund&#8217;s Common Shares. You should read this Prospectus </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">Supplement and the accompanying Prospectus, which contain important information about the Fund, before deciding whether to </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">invest, and you should retain these documents for future reference. A Statement of Additional Information, dated September&#160;20, </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">2021 (the &#8220;SAI&#8221;), as supplemented from time to time, containing additional information about the Fund, has been filed with the </span></div> </div> </div> </div> <div style="float: left; margin-bottom: 5.0pt; width: 100%;"></div> <hr style="clear: both; margin: 40.0pt 0.25pt 0.25pt 0.25pt;" /></div> <div> <div><a id="xx_1548aba1-fd92-4499-bf5b-bcdcbff65877_2"></a> <div style="page-break-after: always; position: relative;"> <div style="clear: both;"></div> <div style="float: left; margin-left: 39pt; margin-top: 36pt; width: 516pt; min-height: 696pt;"> <div style="line-height: 11.02pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">Securities and Exchange Commission (&#8220;SEC&#8221;) and is incorporated by reference in its entirety into this Prospectus Supplement </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">and the accompanying Prospectus. This Prospectus Supplement, the accompanying Prospectus and the SAI are part of a &#8220;shelf&#8221; </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">registration statement filed with the SEC. This Prospectus Supplement describes the specific details regarding this offering, </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">including the method of distribution. If information in this Prospectus Supplement is inconsistent with the accompanying </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">Prospectus or the SAI, you should rely on this Prospectus Supplement. You may request a free copy of the SAI or request other </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">information about the Fund (including the Fund&#8217;s annual and semi-annual reports) or make shareholder inquiries by calling </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">(800) 345-7999</span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"> or by writing the Fund, or you may obtain a copy (and other information regarding the Fund) from the SEC&#8217;s </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">web site </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">(http://www.sec.gov)</span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">. The information contained in, or that can be accessed through, the Fund&#8217;s website is not part of </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">this Prospectus Supplement or the accompanying Prospectus. Free copies of the Fund&#8217;s reports and the SAI also are available </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">from the Fund&#8217;s website at </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">www.guggenheiminvestments.com/gof.</span></div> <div style="line-height: 11.02pt; margin-top: 4.30pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;">The Fund&#8217;s Common Shares do not represent a deposit or obligation of, and are not guaranteed or endorsed by, any bank </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">or other insured depository institution and are not federally insured by the Federal Deposit Insurance Corporation, the Federal </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">Reserve Board or any other government agency. Investors could lose money by investing in the Fund.</span></div> <div style="line-height: 11.02pt; margin-top: 4.30pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;">Capitalized terms used herein that are not otherwise defined shall have the meanings assigned to them in the </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">accompanying Prospectus.</span></div> <div style="line-height: 12.02pt; margin-top: 7.30pt; text-align: center;"><hr style="background-color: #000000; height: 1pt; margin-bottom: 1pt; margin-top: 7.0pt; width: 48pt;" /></div> <div style="line-height: 11.02pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-weight: bold; margin-left: 29pt;">Investing in the Fund&#8217;s Common Shares involves certain risks. The Fund intends to utilize leverage, which is </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-weight: bold;">subject to numerous risks. An investment in the Fund is subject to investment risk, including the possible loss of the </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-weight: bold;">entire principal amount that you invest. See &#8220;Risks&#8221; beginning on page&#160;71 of the accompanying Prospectus. You should </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-weight: bold;">consider carefully these risks together with all of the other information contained in this Prospectus Supplement and the </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-weight: bold;">accompanying Prospectus before making a decision to purchase the Common Shares.</span></div> <div style="line-height: 11.02pt; margin-top: 4.30pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-weight: bold; margin-left: 29pt;">Neither the Securities and Exchange Commission nor any state securities commission has approved or </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-weight: bold;">disapproved of these securities or determined if this Prospectus Supplement or the accompanying Prospectus is truthful </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-weight: bold;">or complete. Any representation to the contrary is a criminal offense.</span></div> <div style="line-height: 12.02pt; margin-top: 7.30pt; text-align: center;"><hr style="background-color: #000000; height: 1pt; margin-bottom: 1pt; margin-top: 7.0pt; width: 48pt;" /></div> <div style="text-align: center;">
<img src="g457076g1cantor_logo.jpg" style="height: 21pt; width: 106pt;" alt=" " /><span style="color: #000000; float: left; font-family: times new roman; font-size: 10.02pt; line-height: 1pt;">&#8201;</span></div> <div style="line-height: 12.02pt; margin-top: 7.30pt; text-align: center;"><hr style="background-color: #000000; height: 1pt; margin-bottom: 1pt; margin-top: 7.0pt; width: 48pt;" /></div> <div style="line-height: 12.02pt; text-align: center;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0%;">This Prospectus Supplement is dated March 28, 2023.</span></div> <div style="line-height: 12.02pt; margin-top: 8.30pt; text-align: center;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-weight: bold; margin-left: 0%;">* </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-weight: bold; line-height: 12.02pt;">&#8195;</span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-weight: bold;">* </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-weight: bold; line-height: 12.02pt;">&#8195;</span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-weight: bold;">*</span></div> <div style="line-height: 12.02pt; margin-top: 8.30pt; text-align: center;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-weight: bold; margin-left: 0%;">CAUTIONARY NOTICE REGARDING FORWARD-LOOKING STATEMENTS</span></div> <div style="line-height: 11.02pt; margin-top: 4.79pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;">This Prospectus Supplement, the accompanying Prospectus and the Fund&#8217;s SAI, including documents incorporated by </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">reference herein and therein, contain &#8220;forward-looking statements.&#8221; These statements describe the Fund&#8217;s plans, strategies, goals, </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">beliefs and assumptions concerning future economic and other conditions and the outlook for the Fund, based on currently </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">available information. Forward-looking statements can be identified by words such as &#8220;may,&#8221; &#8220;will,&#8221; &#8220;intend,&#8221; &#8220;expect,&#8221; </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">&#8220;estimate,&#8221; &#8220;continue,&#8221; &#8220;plan,&#8221; &#8220;anticipate,&#8221; and similar terms and the negative of such terms. By their nature, all forward- </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">looking statements involve risks and uncertainties and may be expressed differently, and actual results could differ materially </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">from those contemplated by the forward-looking statements. Several factors that could materially affect the Fund&#8217;s actual results </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">are the performance of the portfolio of securities held by the Fund, the conditions in the U.S. and international economies and </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">financial and other markets, the price at which the Fund&#8217;s Common Shares will trade in the public markets and other factors </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">discussed in the Fund&#8217;s periodic filings with the SEC.</span></div> <div style="line-height: 11.02pt; margin-top: 4.30pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;">Although the Fund believes that the expectations expressed in any forward-looking statements are reasonable, actual </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">results could differ materially from those expressed or implied in any forward-looking statements. The Fund&#8217;s future financial </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">condition and results of operations, as well as any forward-looking statements, are subject to change and are subject to inherent </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">risks and uncertainties, such as those disclosed in the &#8220;Principal Risks of the Fund&#8221; section of the accompanying Prospectus. </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">You are cautioned not to place undue reliance on these forward- looking statements. All forward-looking statements contained or </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">incorporated by reference in this Prospectus Supplement or the accompanying Prospectus are made as of the date of this </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">Prospectus Supplement or the accompanying Prospectus, as the case may be. Except for the Fund&#8217;s ongoing obligations under </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">the federal securities laws, the Fund does not intend, and the Fund undertakes no obligation, to update any forward- looking </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">statement. The forward-looking statements contained in this Prospectus Supplement, the accompanying Prospectus and the </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">Fund&#8217;s SAI are excluded from the safe harbor protection provided by Section&#160;27A of the 1933&#160;Act.</span></div> <div style="line-height: 11.02pt; margin-top: 4.30pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;">Currently known risk factors that could cause actual results to differ materially from the Fund&#8217;s expectations include, but </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">are not limited to, the factors described in the &#8220;Principal Risks of the Fund&#8221; section of the accompanying Prospectus. The Fund </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">urges you to review carefully those sections for a more detailed discussion of the risks of an investment in the Fund&#8217;s Common </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">Shares.</span></div> </div> <div style="clear: both;"></div> <div style="float: left; margin-left: 39pt; margin-top: 12pt; width: 516pt; min-height: 12pt;"> <div style="line-height: 10.02pt; text-align: center;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; line-height: 10.02pt; margin-left: 0%;">ii</span></div> </div> </div> </div> <div style="float: left; margin-bottom: 5.0pt; width: 100%;"></div> <hr style="clear: both; margin: 40.0pt 0.25pt 0.25pt 0.25pt;" /></div> <div> <div><a id="xx_41517d2f-ca71-475f-ada5-e359e6c9e4df_toc_supplement_1"></a> <div style="page-break-after: always; position: relative;"> <div style="clear: both;"></div> <div style="float: left; margin-left: 39pt; margin-top: 36pt; width: 516pt; min-height: 696pt;"> <div style="line-height: 10.02pt; text-align: center;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-weight: bold; margin-left: 0%;">TABLE OF CONTENTS</span><span style="color: #000000; float: left; font-family: times new roman; font-size: 1pt; font-weight: bold; line-height: 1pt;">&#8195;</span></div> <div style="line-height: 1.0pt; margin-top: 11.00pt; text-align: left;"></div> <div style="margin-top: 0.0pt;">
<table style="empty-cells: show; width: 516pt;" cellpadding="0" cellspacing="0">
<tr style="height: 13.35pt;">
<td style="padding-bottom: 5.35pt; padding-top: 5.35pt; vertical-align: Bottom; width: 482pt;"> <div style="line-height: 0.5pt; text-align: left;"> <div style="margin-left: 3pt; margin-right: 12pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 8pt; font-weight: bold;">&#160;</span></div> </div> </td>
<td style="padding-bottom: 1.35pt; padding-top: 1.35pt; vertical-align: Bottom; width: 34pt;"> <div style="line-height: 10.0pt; text-align: left;"> <div style="margin-left: 12pt; margin-right: 6pt; text-align: center; white-space: nowrap;"><span style="border-bottom: 0.5pt groove #000000; color: #000000; font-family: times new roman; font-size: 8pt; font-weight: bold;">Page</span></div> </div> </td> </tr>
<tr style="height: 16.35pt;">
<td style="background-color: #adfffc; padding-bottom: 4pt; padding-top: 5.35pt; vertical-align: Bottom; width: 482pt;"> <div style="line-height: 11.02pt; text-align: left;"> <div style="margin-left: 3pt; margin-right: 12pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;"><a href="#xx_ca227db6-4709-43b9-a680-2a72f7abff8d_1">PROSPECTUS SUPPLEMENT SUMMARY</a></span></div> </div> </td>
<td style="background-color: #adfffc; padding-bottom: 4pt; padding-top: 5.35pt; vertical-align: Bottom; width: 34pt;"> <div style="line-height: 11.02pt; text-align: left;"> <div style="margin-left: 12pt; margin-right: 6pt; text-align: right; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.00pt;">1</span></div> </div> </td> </tr>
<tr style="height: 15pt;">
<td style="padding-bottom: 4pt; padding-top: 4pt; vertical-align: Bottom; width: 482pt;"> <div style="line-height: 11.02pt; text-align: left;"> <div style="margin-left: 3pt; margin-right: 12pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;"><a href="#xx_ca227db6-4709-43b9-a680-2a72f7abff8d_2">SUMMARY OF FUND EXPENSES</a></span></div> </div> </td>
<td style="padding-bottom: 4pt; padding-top: 4pt; vertical-align: Bottom; width: 34pt;"> <div style="line-height: 11.02pt; text-align: left;"> <div style="margin-left: 12pt; margin-right: 6pt; text-align: right; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">2</span></div> </div> </td> </tr>
<tr style="height: 15pt;">
<td style="background-color: #adfffc; padding-bottom: 4pt; padding-top: 4pt; vertical-align: Bottom; width: 482pt;"> <div style="line-height: 11.02pt; text-align: left;"> <div style="margin-left: 3pt; margin-right: 12pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;"><a href="#xx_ca227db6-4709-43b9-a680-2a72f7abff8d_4">CAPITALIZATION</a></span></div> </div> </td>
<td style="background-color: #adfffc; padding-bottom: 4pt; padding-top: 4pt; vertical-align: Bottom; width: 34pt;"> <div style="line-height: 11.02pt; text-align: left;"> <div style="margin-left: 12pt; margin-right: 6pt; text-align: right; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.00pt;">4</span></div> </div> </td> </tr>
<tr style="height: 15pt;">
<td style="padding-bottom: 4pt; padding-top: 4pt; vertical-align: Bottom; width: 482pt;"> <div style="line-height: 11.02pt; text-align: left;"> <div style="margin-left: 3pt; margin-right: 12pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;"><a href="#xx_ca227db6-4709-43b9-a680-2a72f7abff8d_4">USE OF PROCEEDS</a></span></div> </div> </td>
<td style="padding-bottom: 4pt; padding-top: 4pt; vertical-align: Bottom; width: 34pt;"> <div style="line-height: 11.02pt; text-align: left;"> <div style="margin-left: 12pt; margin-right: 6pt; text-align: right; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">4</span></div> </div> </td> </tr>
<tr style="height: 15pt;">
<td style="background-color: #adfffc; padding-bottom: 4pt; padding-top: 4pt; vertical-align: Bottom; width: 482pt;"> <div style="line-height: 11.02pt; text-align: left;"> <div style="margin-left: 3pt; margin-right: 12pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;"><a href="#xx_ca227db6-4709-43b9-a680-2a72f7abff8d_5">PLAN OF DISTRIBUTION</a></span></div> </div> </td>
<td style="background-color: #adfffc; padding-bottom: 4pt; padding-top: 4pt; vertical-align: Bottom; width: 34pt;"> <div style="line-height: 11.02pt; text-align: left;"> <div style="margin-left: 12pt; margin-right: 6pt; text-align: right; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.00pt;">5</span></div> </div> </td> </tr>
<tr style="height: 15pt;">
<td style="padding-bottom: 4pt; padding-top: 4pt; vertical-align: Bottom; width: 482pt;"> <div style="line-height: 11.02pt; text-align: left;"> <div style="margin-left: 3pt; margin-right: 12pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;"><a href="#xx_ca227db6-4709-43b9-a680-2a72f7abff8d_6">LEGAL MATTERS</a></span></div> </div> </td>
<td style="padding-bottom: 4pt; padding-top: 4pt; vertical-align: Bottom; width: 34pt;"> <div style="line-height: 11.02pt; text-align: left;"> <div style="margin-left: 12pt; margin-right: 6pt; text-align: right; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">6</span></div> </div> </td> </tr>
<tr style="height: 15pt;">
<td style="background-color: #adfffc; padding-bottom: 4pt; padding-top: 4pt; vertical-align: Bottom; width: 482pt;"> <div style="line-height: 11.02pt; text-align: left;"> <div style="margin-left: 3pt; margin-right: 12pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;"><a href="#xx_ca227db6-4709-43b9-a680-2a72f7abff8d_6">INCORPORATION BY REFERENCE</a></span></div> </div> </td>
<td style="background-color: #adfffc; padding-bottom: 4pt; padding-top: 4pt; vertical-align: Bottom; width: 34pt;"> <div style="line-height: 11.02pt; text-align: left;"> <div style="margin-left: 12pt; margin-right: 6pt; text-align: right; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.00pt;">6</span></div> </div> </td> </tr>
<tr style="height: 11pt;">
<td style="padding-bottom: 1.5pt; padding-top: 4pt; vertical-align: Bottom; width: 482pt;"> <div style="line-height: 11.02pt; text-align: left;"> <div style="margin-left: 3pt; margin-right: 12pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;"><a href="#xx_ca227db6-4709-43b9-a680-2a72f7abff8d_6">ADDITIONAL INFORMATION</a></span></div> </div> </td>
<td style="padding-bottom: 1.5pt; padding-top: 4pt; vertical-align: Bottom; width: 34pt;"> <div style="line-height: 11.02pt; text-align: left;"> <div style="margin-left: 12pt; margin-right: 6pt; text-align: right; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">6</span></div> </div> </td> </tr> </table> </div> <div style="line-height: 12.02pt; margin-top: 10pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;">You should rely only on the information contained or incorporated by reference in this Prospectus Supplement and the </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">accompanying Prospectus in making your investment decisions. This Prospectus Supplement, which describes the specific terms </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">of this offering, also adds to information contained in the accompanying Prospectus and the documents incorporated by </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">reference in the Prospectus. The Fund has not and Cantor Fitzgerald has not authorized any other person to provide you with </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">different or inconsistent information. If anyone provides you with different or inconsistent information, you should not rely on it. </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">The Fund and Cantor Fitzgerald take no responsibility for, and can provide no assurance as to the reliability of, any other </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">information that others may give you. This Prospectus Supplement and the accompanying Prospectus do not constitute an offer </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">to sell or solicitation of an offer to buy any securities in any jurisdiction where the offer or sale is not permitted. You should </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">assume the information appearing in this Prospectus Supplement and in the accompanying Prospectus is accurate only as of the </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">respective dates on their front covers. The Fund&#8217;s business, financial condition and prospects may have changed since such </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">dates. The Fund will advise investors of any material changes to the extent required by applicable law.</span></div> </div> <div style="clear: both;"></div> <div style="float: left; margin-left: 39pt; margin-top: 12pt; width: 516pt; min-height: 12pt;"> <div style="line-height: 10.02pt; text-align: center;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; line-height: 10.02pt; margin-left: 0%;">iii</span></div> </div> </div> </div> <div style="float: left; margin-bottom: 5.0pt; width: 100%;"></div> <hr style="clear: both; margin: 40.0pt 0.25pt 0.25pt 0.25pt;" /></div> <div> <div><a id="xx_ca227db6-4709-43b9-a680-2a72f7abff8d_1"></a> <div style="page-break-after: always; position: relative;"> <div style="clear: both;"></div> <div style="float: left; margin-left: 39pt; margin-top: 36pt; width: 516pt; min-height: 696pt;"> <div style="line-height: 22.02pt; margin-top: 12pt; text-align: center;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-weight: bold; margin-left: 0%; text-transform: uppercase;">PROSPECTUS SUPPLEMENT SUMMARY</span></div> <div style="line-height: 12.02pt; margin-top: 5.00pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">This is only a summary of information contained elsewhere in this Prospectus Supplement and the accompanying Prospectus. </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">This summary does not contain all of the information that you should consider before investing in the Fund&#8217;s Common Shares. </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">The following summary is qualified in its entirety by reference to the more detailed information included elsewhere in this </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">Prospectus Supplement and in the accompanying Prospectus and in the Fund&#8217;s Statement of Additional Information, dated </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">September&#160;20, 2021 (the &#8220;SAI&#8221;). You should carefully read the more detailed information contained in this Prospectus </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">Supplement and the accompanying Prospectus, dated September&#160;20, 2021, especially the information set forth under the </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">headings &#8220;Investment Objective and Policies&#8221; and &#8220;Risks&#8221; prior to making an investment in the Fund. You may also wish to </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">request a copy of the SAI, which contains additional information about the Fund and is incorporated by reference in its entirety </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">into this Prospectus Supplement and the accompanying Prospectus. Capitalized terms used herein that are not otherwise defined </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">shall have the meanings assigned to them in the accompanying Prospectus.</span><span style="color: #000000; font-family: times new roman; font-size: 1pt; line-height: 1pt;">&#8195;</span></div> <div style="margin-top: 0.0pt;">
<table style="empty-cells: show; width: 516pt;" cellpadding="0" cellspacing="0">
<tr style="height: 72.1pt;">
<td style="background-color: #ffffff; padding-bottom: 7pt; padding-top: 7pt; vertical-align: Top; width: 131.5pt;"> <div style="line-height: 11.02pt; text-align: left;"> <div style="margin-right: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-weight: bold; margin-left: 0.0pt;">The Fund</span></div> </div> </td>
<td style="background-color: #ffffff; padding-bottom: 7pt; padding-top: 7pt; vertical-align: Top; width: 384.5pt;"> <div style="line-height: 11.02pt; text-align: left;"> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">Guggenheim Strategic Opportunities Fund (the &#8220;Fund&#8221;) is a diversified, closed-end </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">management investment company that commenced operations on July&#160;26, 2007. The Fund&#8217;s </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">objective is to maximize total return through a combination of current income and capital </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">appreciation. The Fund pursues a relative value-based investment philosophy, which utilizes </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">quantitative and qualitative analysis to seek to identify securities or spreads between securities </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">that deviate from their perceived fair value and/or historical norms.</span></div> </div> </td> </tr>
<tr style="height: 43.04pt;">
<td style="background-color: #ffffff; padding-bottom: 7pt; padding-top: 7pt; vertical-align: Top; width: 131.5pt;"> <div style="line-height: 0.5pt; text-align: left;"> <div style="margin-right: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">&#160;</span></div> </div> </td>
<td style="background-color: #ffffff; padding-bottom: 7pt; padding-top: 7pt; vertical-align: Top; width: 384.5pt;"> <div style="line-height: 11.02pt; text-align: left;"> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">The Fund&#8217;s common shares of beneficial interest, par value $0.01 per share, are called </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">&#8220;Common Shares&#8221; and the holders of Common Shares are called &#8220;Common Shareholders&#8221; </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">throughout this Prospectus Supplement and the accompanying Prospectus.</span></div> </div> </td> </tr>
<tr style="height: 142.22pt;">
<td style="background-color: #ffffff; padding-bottom: 7pt; padding-top: 7pt; vertical-align: Top; width: 131.5pt;"> <div style="line-height: 11.02pt; text-align: left;"> <div style="margin-right: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-weight: bold; margin-left: 0.0pt;">Management of the Fund</span></div> </div> </td>
<td style="background-color: #ffffff; padding-bottom: 7pt; padding-top: 7pt; vertical-align: Top; width: 384.5pt;"> <div style="line-height: 11.02pt; text-align: left;"> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">Guggenheim Funds Investment Advisors, LLC (the &#8220;Investment Adviser&#8221;) serves as the </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">Fund&#8217;s investment adviser and is responsible for the management of the Fund. Guggenheim </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">Partners Investment Management, LLC (the &#8220;Sub-Adviser&#8221;) is responsible for the </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">management of the Fund&#8217;s portfolio of securities. Each of the Investment Adviser and the Sub-</span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">Adviser are wholly-owned subsidiaries of Guggenheim Partners, LLC (&#8220;Guggenheim </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">Partners&#8221;). Guggenheim Partners is a diversified financial services firm with wealth </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">management, capital markets, investment management and proprietary investing businesses, </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">whose clients are a mix of individuals, family offices, endowments, foundation insurance </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">companies and other institutions that have entrusted Guggenheim Partners with the </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">supervision of more than $285&#160;billion of assets as of September&#160;30, 2022. Guggenheim </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">Partners is headquartered in Chicago and New York with a global network of offices </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">throughout the United States, Europe, and Asia.</span></div> </div> </td> </tr>
<tr style="height: 87.12pt;">
<td style="background-color: #ffffff; padding-bottom: 7pt; padding-top: 7pt; vertical-align: Top; width: 131.5pt;"> <div style="line-height: 11.02pt; text-align: left;"> <div style="margin-right: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-weight: bold; margin-left: 0.0pt;">Listing and Symbol</span></div> </div> </td>
<td style="background-color: #ffffff; padding-bottom: 7pt; padding-top: 7pt; vertical-align: Top; width: 384.5pt;"> <div style="line-height: 11.02pt; text-align: left;"> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">The Fund&#8217;s currently outstanding Common Shares are, and the Common Shares offered by </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">this Prospectus Supplement and the accompanying Prospectus will be, subject to notice of </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">issuance, listed on the New York Stock Exchange (the &#8220;NYSE&#8221;) under the symbol &#8220;GOF.&#8221; As </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">of the close of business on March&#160;27, 2023, the net asset value per share of the Fund&#8217;s </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">Common Shares was $12.49 and the last reported sale price for the Fund&#8217;s Common Shares on </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">the NYSE on such date was $15.90 per share, representing a premium to net asset value of </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">27.30%.</span></div> </div> </td> </tr>
<tr style="height: 109.16pt;">
<td style="background-color: #ffffff; padding-bottom: 7pt; padding-top: 7pt; vertical-align: Top; width: 131.5pt;"> <div style="line-height: 11.02pt; text-align: left;"> <div style="margin-right: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-weight: bold; margin-left: 0.0pt;">Distributions</span></div> </div> </td>
<td style="background-color: #ffffff; padding-bottom: 7pt; padding-top: 7pt; vertical-align: Top; width: 384.5pt;"> <div style="line-height: 11.02pt; text-align: left;"> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">The Fund has paid distributions to Common Shareholders monthly since inception. Payment </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">of future distributions is subject to approval by the Fund&#8217;s Board of Trustees, as well as </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">meeting the covenants of any outstanding borrowings and the asset coverage requirements of </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">the Investment Company Act of 1940, as amended (the &#8220;1940 Act&#8221;). The Fund&#8217;s distribution </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">rate is not constant and the amount of distributions, when declared by the Fund&#8217;s Board of </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">Trustees, is subject to change. The Fund expects that distributions paid on the Common Shares </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">will generally consist of (i)&#160;ordinary income, (ii)&#160;long-term capital gains and (iii)&#160;return of </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">capital. There is no guarantee of any future distribution or that the current distribution rates </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">will be maintained.</span></div> </div> </td> </tr>
<tr style="height: 91.14pt;">
<td style="background-color: #ffffff; padding-bottom: 1.5pt; padding-top: 7pt; vertical-align: Top; width: 131.5pt;"> <div style="line-height: 11.02pt; text-align: left;"> <div style="margin-right: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-weight: bold; margin-left: 0.0pt;">The Offering</span></div> </div> </td>
<td style="background-color: #ffffff; padding-bottom: 1.5pt; padding-top: 7pt; vertical-align: Top; width: 384.5pt;"> <div style="line-height: 11.02pt; text-align: left;"> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">The Fund has entered into a Controlled Equity Offering</span><span style="color: #000000; font-family: times new roman; font-size: 6.5pt; margin-left: 0.0pt; position: relative; top: -2.75pt;">SM</span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;"> Sales Agreement, dated July&#160;1, </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">2019, as amended by First Amendment to Controlled Equity Offering</span><span style="color: #000000; font-family: times new roman; font-size: 6.5pt; margin-left: 0.0pt; position: relative; top: -2.75pt;">SM</span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;"> Sales Agreement, </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">dated February&#160;1, 2021, Second Amendment to Controlled Equity Offering</span><span style="color: #000000; font-family: times new roman; font-size: 6.5pt; margin-left: 0.0pt; position: relative; top: -2.75pt;">SM</span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;"> Sales </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">Agreement, dated September&#160;16, 2021, and Third Amendment to Controlled Equity </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">Offering</span><span style="color: #000000; font-family: times new roman; font-size: 6.5pt; margin-left: 0.0pt; position: relative; top: -2.75pt;">SM</span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;"> Sales Agreement, dated March&#160;27, 2023 (as amended, the &#8220;Sales Agreement&#8221;), by </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">and among the Fund, the Fund&#8217;s investment adviser, Guggenheim Funds Investment Advisors, </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">LLC (the &#8220;Investment Adviser&#8221;), and Cantor Fitzgerald&#160;&#38; Co. (&#8220;Cantor Fitzgerald&#8221;) relating </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">to the Fund&#8217;s Common Shares offered by this Prospectus Supplement and the accompanying </span></div> </div> </td> </tr> </table> </div> </div> <div style="clear: both;"></div> <div style="float: left; margin-left: 39pt; margin-top: 12pt; width: 516pt; min-height: 12pt;"> <div style="line-height: 10.02pt; text-align: center;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; line-height: 10.02pt; margin-left: 0%;">1</span></div> </div> </div> </div> <div style="float: left; margin-bottom: 5.0pt; width: 100%;"></div> <hr style="clear: both; margin: 40.0pt 0.25pt 0.25pt 0.25pt;" /></div> <div> <div><a id="xx_ca227db6-4709-43b9-a680-2a72f7abff8d_2"></a> <div style="page-break-after: always; position: relative;"> <div style="clear: both;"></div> <div style="float: left; margin-left: 39pt; margin-top: 36pt; width: 516pt; min-height: 696pt;"> <div style="margin-top: 0.0pt;"></div> </div> <div> <div> <div> <div>
<table style="empty-cells: show; width: 516pt;" cellpadding="0" cellspacing="0">
<tr style="height: 50.06pt;">
<td style="background-color: #ffffff; padding-bottom: 7pt; padding-top: 7pt; vertical-align: Top; width: 131.5pt;"> <div style="line-height: 0.5pt; text-align: left;"> <div style="margin-right: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">&#160;</span></div> </div> </td>
<td style="background-color: #ffffff; padding-bottom: 7pt; padding-top: 7pt; vertical-align: Top; width: 384.5pt;"> <div style="line-height: 11.02pt; text-align: left;"> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">Prospectus. In accordance with the terms of the Sales Agreement, the Fund may offer and sell </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">Common Shares having an aggregate initial offering price of up to $330,024,727, from time to </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">time, through Cantor Fitzgerald as agent for the Fund for the offer and sale of the Common </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">Shares.</span></div> </div> </td> </tr>
<tr style="height: 65.08pt;">
<td style="background-color: #ffffff; padding-bottom: 7pt; padding-top: 7pt; vertical-align: Top; width: 131.5pt;"> <div style="line-height: 0.5pt; text-align: left;"> <div style="margin-right: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">&#160;</span></div> </div> </td>
<td style="background-color: #ffffff; padding-bottom: 7pt; padding-top: 7pt; vertical-align: Top; width: 384.5pt;"> <div style="line-height: 11.02pt; text-align: left;"> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">Sales of Common Shares, if any, under this Prospectus Supplement and the accompanying </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">Prospectus may be made in negotiated transactions or by any method permitted by law </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">deemed to be an &#8220;at the market offering&#8221; as defined in Rule 415(a)(4) under the Securities Act </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">of 1933, as amended (the &#8220;1933 Act&#8221;). See &#8220;Plan of Distribution&#8221; in this Prospectus </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">Supplement.</span></div> </div> </td> </tr>
<tr style="height: 43.04pt;">
<td style="background-color: #ffffff; padding-bottom: 7pt; padding-top: 7pt; vertical-align: Top; width: 131.5pt;"> <div style="line-height: 0.5pt; text-align: left;"> <div style="margin-right: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">&#160;</span></div> </div> </td>
<td style="background-color: #ffffff; padding-bottom: 7pt; padding-top: 7pt; vertical-align: Top; width: 384.5pt;"> <div style="line-height: 11.02pt; text-align: left;"> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">The Common Shares may not be sold through agents, underwriters or dealers without delivery </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">or deemed delivery of the Prospectus and this Prospectus Supplement describing the method </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">and terms of the offering of Common Shares.</span></div> </div> </td> </tr>
<tr style="height: 32.02pt;">
<td style="background-color: #ffffff; padding-bottom: 7pt; padding-top: 7pt; vertical-align: Top; width: 131.5pt;"> <div style="line-height: 0.5pt; text-align: left;"> <div style="margin-right: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">&#160;</span></div> </div> </td>
<td style="background-color: #ffffff; padding-bottom: 7pt; padding-top: 7pt; vertical-align: Top; width: 384.5pt;"> <div style="line-height: 11.02pt; text-align: left;"> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">Under the 1940 Act, the Fund may not sell Common Shares at a price below the then current </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">net asset value per Common Share, exclusive of any distributing commission or discount.</span></div> </div> </td> </tr>
<tr style="height: 32.02pt;">
<td style="background-color: #ffffff; padding-bottom: 7pt; padding-top: 7pt; vertical-align: Top; width: 131.5pt;"> <div style="line-height: 11.02pt; text-align: left;"> <div style="margin-right: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-weight: bold; margin-left: 0.0pt;">Risks</span></div> </div> </td>
<td style="background-color: #ffffff; padding-bottom: 7pt; padding-top: 7pt; vertical-align: Top; width: 384.5pt;"> <div style="line-height: 11.02pt; text-align: left;"> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">See &#8220;Risks&#8221; beginning on page&#160;71 of the accompanying Prospectus for a discussion of factors </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">you should consider carefully before deciding to invest in the Fund&#8217;s Common Shares.</span></div> </div> </td> </tr>
<tr style="height: 179.3pt;">
<td style="background-color: #ffffff; padding-bottom: 1.5pt; padding-top: 7pt; vertical-align: Top; width: 131.5pt;"> <div style="line-height: 11.02pt; text-align: left;"> <div style="margin-right: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-weight: bold; margin-left: 0.0pt;">Use of Proceeds</span></div> </div> </td>
<td style="background-color: #ffffff; padding-bottom: 1.5pt; padding-top: 7pt; vertical-align: Top; width: 384.5pt;"> <div style="line-height: 11.02pt; text-align: left;"> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">The Fund intends to invest the net proceeds of the offering in accordance with its investment </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">objective and policies as stated in the accompanying Prospectus or otherwise invest the net </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">proceeds as follows. It is currently anticipated that the Fund will be able to invest most of the </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">net proceeds of the offering in accordance with its investment objective and policies within </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">three months after receipt of such proceeds. Pending such investment, it is anticipated that the </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">proceeds will be invested in U.S.&#160;government securities or high quality, short-term money </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">market securities. The Fund may also use the proceeds for working capital purposes, including </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">the payment of distributions, interest and operating expenses. A portion of the cash held by the </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">Fund, including net proceeds of the offering, is usually used to pay distributions in accordance </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">with the Fund&#8217;s distribution policy and may be a return of capital, which is in effect a partial </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">return of the amount a Common Shareholder invested in the Fund. Common Shareholders </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">who receive the payment of a distribution consisting of a return of capital may be under the </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">impression that they are receiving net investment income or profit when they are not. The </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">Fund&#8217;s distributions may be greater than the Fund&#8217;s net investment income or profit. If the </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">Fund does not offer or sell Common Shares, the Fund may not be able to maintain </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">distributions at historical levels.</span></div> </div> </td> </tr> </table> </div> <div style="line-height: 22.02pt; margin-top: 12pt; text-align: center;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-weight: bold; margin-left: 0%; text-transform: uppercase;">SUMMARY OF FUND EXPENSES</span></div> <ix:nonNumeric name="cef:PurposeOfFeeTableNoteTextBlock" id="t_2_19147c60_fcdf_12c1_1696_e932b9946344" contextRef="DefaultContext" escape="true"> <div style="line-height: 12.02pt; margin-top: 5.29pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">The following table contains information about the costs and expenses that the Common Shareholders will bear directly or </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">indirectly. The table reflects the use of leverage in an amount equal to 24.3% of the Fund&#8217;s total managed assets, which reflects </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">approximately the percentage of the Fund&#8217;s total managed assets attributable to leverage as of November 30, 2022 (unaudited), </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">and shows Fund expenses as a percentage of net assets attributable to the Common Shares. The table and example below are </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">based on the Fund&#8217;s capital structure as of November 30, 2022 (unaudited) after giving effect to the anticipated net proceeds of </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">the Common Shares offered pursuant to this Prospectus Supplement and assuming the Fund incurs the estimated offering </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">expenses. The extent of the Fund&#8217;s assets attributable to leverage following an offering, and the Fund&#8217;s associated expenses, are </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">likely to vary (perhaps significantly) from these assumptions. The purpose of the table and the example below is to help you </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">understand the fees and expenses that you, as a Common Shareholder, would bear directly or indirectly. The following table </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">should not be considered a representation of the Fund&#8217;s future expenses. Actual expenses may be greater or less than shown. The </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">following table shows estimated Fund expenses as a percentage of average net assets attributable to the Common Shares, and not </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">as a percentage of managed assets. See &#8220;Management of the Fund&#8221; in the accompanying Prospectus.</span><span style="color: #000000; font-family: times new roman; font-size: 1pt; line-height: 1pt;">&#8195;</span></div> </ix:nonNumeric> <div style="margin-top: 0.0pt;"> <ix:nonNumeric name="cef:ShareholderTransactionExpensesTableTextBlock" id="t_14_c9e35a53_6a1f_0ae7_7f3b_eb301a40eb43" escape="true" contextRef="DefaultContext" continuedAt="t_14_c9e35a53_6a1f_0ae7_7f3b_eb301a40eb43_1">
<table style="empty-cells: show; width: 516pt;" cellpadding="0" cellspacing="0">
<tr style="height: 9pt;">
<td style="background-color: #ffffff; padding-bottom: 4pt; padding-top: 4pt; vertical-align: Bottom; width: 466.38pt;"> <div style="line-height: 10pt; text-align: left;"> <div style="margin-left: 3pt; margin-right: 6pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-weight: bold; margin-left: 0.0pt;">Shareholder Transaction Expenses</span></div> </div> </td>
<td style="background-color: #ffffff; padding-bottom: 4pt; padding-top: 4pt; vertical-align: Bottom; width: 49.62pt;"> <div style="line-height: 0.5pt; text-align: left;"> <div style="margin-left: 4pt; margin-right: 4pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">&#160;</span></div> </div> </td> </tr>
<tr style="height: 13pt;">
<td style="background-color: azure; padding-bottom: 4pt; padding-top: 4pt; vertical-align: Bottom; width: 466.38pt;"> <div style="line-height: 10pt; text-align: left;"> <div style="margin-left: 3pt; margin-right: 6pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">Sales load (<ix:nonNumeric name="cef:BasisOfTransactionFeesNoteTextBlock" id="t_15_296ea851_db5a_9fb3_10e8_b767cdb34afa" escape="true" contextRef="DefaultContext">as a percentage of offering price</ix:nonNumeric>)</span></div> </div> </td>
<td style="background-color: azure; padding-bottom: 4pt; padding-top: 4pt; vertical-align: Bottom; width: 49.62pt;"> <div style="line-height: 10pt; text-align: left;"> <div style="margin-left: 4pt; margin-right: 4pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 4.17pt;"><ix:nonFraction name="cef:SalesLoadPercent" id="h_1_db36af48_0a51_9af7_b8e3_7c8841721e89" contextRef="DefaultContext" unitRef="pure" decimals="4" scale="-2" format="ixt:numdotdecimal">2.00</ix:nonFraction>%</span><span style="color: #000000; font-family: times new roman; font-size: 6.5pt; margin-right: -16.52pt; position: relative; top: -2pt;">(1)</span> <div style="clear: right;"></div> </div> </div> </td> </tr>
<tr style="height: 13pt;">
<td style="background-color: #ffffff; padding-bottom: 4pt; padding-top: 4pt; vertical-align: Bottom; width: 466.38pt;"> <div style="line-height: 10pt; text-align: left;"> <div style="margin-left: 3pt; margin-right: 6pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">Offering expenses borne by the Fund (<ix:nonNumeric name="cef:BasisOfTransactionFeesNoteTextBlock" id="t_13_c5acb58a_aeaf_4696_e476_f32d6cc40fb9" escape="true" contextRef="DefaultContext">as a percentage of offering price</ix:nonNumeric>)</span></div> </div> </td>
<td style="background-color: #ffffff; padding-bottom: 4pt; padding-top: 4pt; vertical-align: Bottom; width: 49.62pt;"> <div style="line-height: 10pt; text-align: left;"> <div style="margin-left: 4pt; margin-right: 4pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 4.17pt;"><ix:nonFraction name="cef:OtherTransactionExpensesPercent" id="h_2_e6dcd2c6_0bd3_463d_033b_ca8be0fd735b" contextRef="DefaultContext" unitRef="pure" decimals="4" scale="-2" format="ixt:numdotdecimal">0.60</ix:nonFraction>%</span><span style="color: #000000; font-family: times new roman; font-size: 6.5pt; margin-right: -16.52pt; position: relative; top: -2pt;">(2)</span> <div style="clear: right;"></div> </div> </div> </td> </tr>
<tr style="height: 9pt;">
<td style="background-color: azure; padding-bottom: 1.5pt; padding-top: 4pt; vertical-align: Bottom; width: 466.38pt;"> <div style="line-height: 10pt; text-align: left;"> <div style="margin-left: 3pt; margin-right: 6pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">Dividend Reinvestment Plan fees</span><span style="color: #000000; font-family: times new roman; font-size: 6.5pt; margin-left: 0.0pt; position: relative; top: -2pt;">(3)</span> <div style="clear: right;"></div> </div> </div> </td>
<td style="background-color: azure; padding-bottom: 1.5pt; padding-top: 4pt; vertical-align: Bottom; width: 49.62pt;"> <div style="line-height: 10pt; text-align: left;"> <div style="margin-left: 4pt; margin-right: 4pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"><ix:nonFraction name="cef:DividendReinvestmentAndCashPurchaseFees" id="h_19_34459dd0_ff3e_8972_148f_c78e877f166d" contextRef="DefaultContext" unitRef="USD" decimals="INF" scale="0" format="ixt-sec:numwordsen">None</ix:nonFraction></span></div> </div> </td> </tr> </table> </ix:nonNumeric> </div> <div style="line-height: 1.0pt; text-align: center;"><span style="color: #000000; font-family: times new roman; font-size: 1pt; line-height: 1pt; margin-left: 0%;">&#8195;</span></div> </div> <div style="clear: both;"></div> <div style="float: left; margin-left: 39pt; margin-top: 12pt; width: 516pt; min-height: 12pt;"> <div style="line-height: 10.02pt; text-align: center;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; line-height: 10.02pt; margin-left: 0%;">2</span></div> </div> </div> </div> <div style="float: left; margin-bottom: 5.0pt; width: 100%;"></div> <hr style="clear: both; margin: 40.0pt 0.25pt 0.25pt 0.25pt;" /></div> <div> <div><a id="xx_ca227db6-4709-43b9-a680-2a72f7abff8d_3"></a> <div style="page-break-after: always; position: relative;"> <div style="clear: both;"></div> <div style="float: left; margin-left: 39pt; margin-top: 36pt; width: 516pt; min-height: 696pt;"> <div style="line-height: 1.0pt; margin-top: 17pt; text-align: left;"></div> <div style="margin-top: 0.0pt;"> <ix:nonNumeric name="cef:AnnualExpensesTableTextBlock" id="t_11_46df22ee_efe6_0064_1fd1_97f6dfeb07fd" escape="true" continuedAt="t_11_46df22ee_efe6_0064_1fd1_97f6dfeb07fd_1" contextRef="DefaultContext">
<table style="empty-cells: show; width: 516pt;" cellpadding="0" cellspacing="0">
<tr style="height: 19pt;">
<td style="background-color: #ffffff; padding-bottom: 2pt; padding-top: 2pt; vertical-align: Bottom; width: 314.43pt;"> <div style="line-height: 10pt; text-align: left;"> <div style="margin-left: 3pt; margin-right: 6pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-weight: bold; margin-left: 0.0pt;">Annual Expenses</span></div> </div> </td>
<td style="background-color: #ffffff; padding-bottom: 2pt; padding-top: 2pt; vertical-align: Bottom; width: 201.57pt;"> <div style="line-height: 12.02pt; text-align: left;"> <div style="margin-left: 4pt; margin-right: 4pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-weight: bold;">As a Percentage of Net Assets Attributable to</span></div> <div style="margin-left: 4pt; margin-right: 4pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-weight: bold;">Common Shares (reflecting leverage)</span><span style="color: #000000; font-family: times new roman; font-size: 6.5pt; font-weight: bold; position: relative; top: -2.75pt;">(4)</span></div> </div> </td> </tr>
<tr style="height: 11pt;">
<td style="background-color: azure; padding-bottom: 4pt; padding-top: 2pt; vertical-align: Bottom; width: 314.43pt;"> <div style="line-height: 10pt; text-align: left;"> <div style="margin-left: 3pt; margin-right: 6pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">Management fee</span><span style="color: #000000; font-family: times new roman; font-size: 6.5pt; margin-left: 0.0pt; position: relative; top: -2pt;">(5)</span> <div style="clear: right;"></div> </div> </div> </td>
<td style="background-color: azure; padding-bottom: 4pt; padding-top: 2pt; vertical-align: Bottom; width: 201.57pt;"> <div style="line-height: 10pt; text-align: left;"> <div style="margin-left: 4pt; margin-right: 4pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.00pt;"><ix:nonFraction name="cef:ManagementFeesPercent" id="h_4_0096c064_4f5d_1a21_8ac2_37d5a33fd1d8" contextRef="DefaultContext" unitRef="pure" decimals="4" scale="-2" format="ixt:numdotdecimal">1.28</ix:nonFraction>%</span></div> </div> </td> </tr>
<tr style="height: 13pt;">
<td style="background-color: #ffffff; padding-bottom: 4pt; padding-top: 4pt; vertical-align: Bottom; width: 314.43pt;"> <div style="line-height: 10pt; text-align: left;"> <div style="margin-left: 3pt; margin-right: 6pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">Interest expense</span><span style="color: #000000; font-family: times new roman; font-size: 6.5pt; margin-left: 0.0pt; position: relative; top: -2pt;">(6)</span> <div style="clear: right;"></div> </div> </div> </td>
<td style="background-color: #ffffff; padding-bottom: 4pt; padding-top: 4pt; vertical-align: Bottom; width: 201.57pt;"> <div style="line-height: 10pt; text-align: left;"> <div style="margin-left: 4pt; margin-right: 4pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"><ix:nonFraction name="cef:InterestExpensesOnBorrowingsPercent" id="h_5_e0ad48cc_b6f6_d1e8_183c_00309089657e" contextRef="DefaultContext" unitRef="pure" decimals="4" scale="-2" format="ixt:numdotdecimal">1.40</ix:nonFraction>%</span></div> </div> </td> </tr>
<tr style="height: 13pt;">
<td style="background-color: azure; padding-bottom: 4pt; padding-top: 4pt; vertical-align: Bottom; width: 314.43pt;"> <div style="line-height: 10pt; text-align: left;"> <div style="margin-left: 3pt; margin-right: 6pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">Acquired fund fees and expenses</span><span style="color: #000000; font-family: times new roman; font-size: 6.5pt; margin-left: 0.0pt; position: relative; top: -2pt;">(7)</span> <div style="clear: right;"></div> </div> </div> </td>
<td style="background-color: azure; padding-bottom: 4pt; padding-top: 4pt; vertical-align: Bottom; width: 201.57pt;"> <div style="line-height: 10pt; text-align: left;"> <div style="margin-left: 4pt; margin-right: 4pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.00pt;"><ix:nonFraction name="cef:AcquiredFundFeesAndExpensesPercent" id="h_6_1fd12318_184b_70d2_68c6_8738fe7146df" contextRef="DefaultContext" unitRef="pure" decimals="4" scale="-2" format="ixt:numdotdecimal">0.04</ix:nonFraction>%</span></div> </div> </td> </tr>
<tr style="height: 13pt;">
<td style="background-color: #ffffff; padding-bottom: 4pt; padding-top: 4pt; vertical-align: Bottom; width: 314.43pt;"> <div style="line-height: 10pt; text-align: left;"> <div style="margin-left: 3pt; margin-right: 6pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">Other expenses</span><span style="color: #000000; font-family: times new roman; font-size: 6.5pt; margin-left: 0.0pt; position: relative; top: -2pt;">(8)</span> <div style="clear: right;"></div> </div> </div> </td>
<td style="background-color: #ffffff; padding-bottom: 4pt; padding-top: 4pt; vertical-align: Bottom; width: 201.57pt;"> <div style="line-height: 10pt; text-align: left;"> <div style="margin-left: 4pt; margin-right: 4pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"><ix:nonFraction name="cef:OtherAnnualExpensesPercent" id="h_7_aacc37ef_ac06_c8a5_6f83_6ba49f7b49df" contextRef="DefaultContext" unitRef="pure" decimals="4" scale="-2" format="ixt:numdotdecimal">0.10</ix:nonFraction>%</span></div> </div> </td> </tr>
<tr style="height: 9pt;">
<td style="background-color: azure; padding-bottom: 1.5pt; padding-top: 4pt; vertical-align: Bottom; width: 314.43pt;"> <div style="line-height: 10pt; text-align: left;"> <div style="margin-left: 3pt; margin-right: 6pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">Total annual expenses</span><span style="color: #000000; font-family: times new roman; font-size: 6.5pt; margin-left: 0.0pt; position: relative; top: -2pt;">(9)</span> <div style="clear: right;"></div> </div> </div> </td>
<td style="background-color: azure; padding-bottom: 1.5pt; padding-top: 4pt; vertical-align: Bottom; width: 201.57pt;"> <div style="line-height: 10pt; text-align: left;"> <div style="margin-left: 4pt; margin-right: 4pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.00pt;"><ix:nonFraction name="cef:TotalAnnualExpensesPercent" id="h_8_bc0a9d7f_35d0_b5f2_f48d_0b1af9cb1216" contextRef="DefaultContext" unitRef="pure" decimals="4" scale="-2" format="ixt:numdotdecimal">2.82</ix:nonFraction>%</span></div> </div> </td> </tr> </table> </ix:nonNumeric> </div> <div style="line-height: 12.52pt; margin-top: 7.2pt; text-align: left;"><hr style="background-color: #000000; height: 0.5pt; margin-bottom: 8pt; margin-left: 0%; margin-top: 7.0pt; text-align: left; width: 84pt;" /></div> <ix:continuation id="t_14_c9e35a53_6a1f_0ae7_7f3b_eb301a40eb43_1" continuedAt="t_14_c9e35a53_6a1f_0ae7_7f3b_eb301a40eb43_2"> <div> <div style="clear: both; margin-top: -5.30pt; position: relative; width: 100%;"> <div style="float: left; line-height: 10.02pt; text-align: left; width: 9.35pt;"><span style="color: #000000; font-family: times new roman; font-size: 8.02pt;">(1)</span></div> <div style="float: left; line-height: 10.02pt; margin-left: 14.65pt; text-align: justify; width: 487.00pt;"><span style="color: #000000; font-family: times new roman; font-size: 8.02pt;">Represents the estimated commission with respect to the Common Shares being sold in this offering. Cantor Fitzgerald will be entitled to compensation </span><span style="color: #000000; font-family: times new roman; font-size: 8.02pt;">of up to 2.00% of the gross proceeds of the sale of any Common Shares under the Sales Agreement, with the exact amount of such compensation to be </span><span style="color: #000000; font-family: times new roman; font-size: 8.02pt;">mutually agreed upon by the Fund and Cantor Fitzgerald from time to time. The Fund has assumed that Cantor Fitzgerald will receive a commission of </span><span style="color: #000000; font-family: times new roman; font-size: 8.02pt;">2.00% of the gross sale price of the Common Shares sold in this offering.</span></div> </div> <div style="clear: both; position: relative;"></div> </div> </ix:continuation> <ix:continuation id="t_14_c9e35a53_6a1f_0ae7_7f3b_eb301a40eb43_2" continuedAt="t_14_c9e35a53_6a1f_0ae7_7f3b_eb301a40eb43_3"> <div> <div style="clear: both; margin-top: 2.20pt; position: relative; width: 100%;"> <div style="float: left; line-height: 10.02pt; text-align: left; width: 9.35pt;"><span style="color: #000000; font-family: times new roman; font-size: 8.02pt;">(2)</span></div> <div style="float: left; line-height: 10.02pt; margin-left: 14.65pt; text-align: justify; width: 487.00pt;"><span style="color: #000000; font-family: times new roman; font-size: 8.02pt;"><ix:nonNumeric name="cef:OtherTransactionFeesNoteTextBlock" id="t_16_dfc76bf5_e31b_1921_1bea_8f9545517bb9" escape="true" continuedAt="t_16_dfc76bf5_e31b_1921_1bea_8f9545517bb9_1" contextRef="DefaultContext">The Investment Adviser has incurred on behalf of the Fund all costs associated with the Fund&#8217;s registration statement and any offerings pursuant to such </ix:nonNumeric></span><span style="color: #000000; font-family: times new roman; font-size: 8.02pt;"><ix:continuation id="t_16_dfc76bf5_e31b_1921_1bea_8f9545517bb9_1" continuedAt="t_16_dfc76bf5_e31b_1921_1bea_8f9545517bb9_2">registration statement. The Fund has agreed, in connection with offerings under this registration statement, to reimburse the Investment Adviser for </ix:continuation></span><span style="color: #000000; font-family: times new roman; font-size: 8.02pt;"><ix:continuation id="t_16_dfc76bf5_e31b_1921_1bea_8f9545517bb9_2" continuedAt="t_16_dfc76bf5_e31b_1921_1bea_8f9545517bb9_3">offering expenses incurred by the Investment Adviser on the Fund&#8217;s behalf in an amount up to the lesser of the Fund&#8217;s actual offering costs or 0.60% of the </ix:continuation></span><span style="color: #000000; font-family: times new roman; font-size: 8.02pt;"><ix:continuation id="t_16_dfc76bf5_e31b_1921_1bea_8f9545517bb9_3" continuedAt="t_16_dfc76bf5_e31b_1921_1bea_8f9545517bb9_4">total offering price of the Common Shares sold in such offerings. Amounts in excess of 0.60% of the total offering price of shares sold pursuant to this </ix:continuation></span><span style="color: #000000; font-family: times new roman; font-size: 8.02pt;"><ix:continuation id="t_16_dfc76bf5_e31b_1921_1bea_8f9545517bb9_4">registration statement will not be subject to recoupment from the Fund.</ix:continuation></span></div> </div> <div style="clear: both; position: relative;"></div> </div> </ix:continuation> <ix:continuation id="t_14_c9e35a53_6a1f_0ae7_7f3b_eb301a40eb43_3"> <div> <div style="clear: both; margin-top: 2.20pt; position: relative; width: 100%;"> <div style="float: left; line-height: 10.02pt; text-align: left; width: 9.35pt;"><span style="color: #000000; font-family: times new roman; font-size: 8.02pt;">(3)</span></div> <div style="float: left; line-height: 10.02pt; margin-left: 14.65pt; text-align: justify; width: 487.00pt;"><span style="color: #000000; font-family: times new roman; font-size: 8.02pt;">You will pay brokerage charges if you direct the Plan Agent to sell your Common Shares held in a dividend reinvestment account. See &#8220;Dividend </span><span style="color: #000000; font-family: times new roman; font-size: 8.02pt;">Reinvestment Plan&#8221; in the accompanying Prospectus.</span></div> </div> <div style="clear: both; position: relative;"></div> </div> </ix:continuation> <ix:continuation id="t_11_46df22ee_efe6_0064_1fd1_97f6dfeb07fd_1" continuedAt="t_11_46df22ee_efe6_0064_1fd1_97f6dfeb07fd_2"> <div> <div style="clear: both; margin-top: 2.19pt; position: relative; width: 100%;"> <div style="float: left; line-height: 10.02pt; text-align: left; width: 9.35pt;"><span style="color: #000000; font-family: times new roman; font-size: 8.02pt;">(4)</span></div> <div style="float: left; line-height: 10.02pt; margin-left: 14.65pt; text-align: justify; width: 487.00pt;"><span style="color: #000000; font-family: times new roman; font-size: 8.02pt;">Based upon average net assets attributable to the Common Shares during the six month period ended November&#160;30, 2022, after giving effect to the </span><span style="color: #000000; font-family: times new roman; font-size: 8.02pt;">anticipated net proceeds of all of the Common Shares offered by this Prospectus Supplement based on an assumed price per share of $15.90 (the last </span><span style="color: #000000; font-family: times new roman; font-size: 8.02pt;">reported sale price of the Fund&#8217;s Common Shares on the NYSE as of March&#160;27, 2023). The price per share of any sale of Common Shares may be greater </span><span style="color: #000000; font-family: times new roman; font-size: 8.02pt;">or less than the price assumed herein, depending on the market price of the Common Shares at the time of any sale. There is no guarantee that there will </span><span style="color: #000000; font-family: times new roman; font-size: 8.02pt;">be any sales of the Common Shares pursuant to this Prospectus Supplement. The number of the Common Shares actually sold pursuant to this Prospectus </span><span style="color: #000000; font-family: times new roman; font-size: 8.02pt;">Supplement may be less than as assumed herein.</span></div> </div> <div style="clear: both; position: relative;"></div> </div> </ix:continuation> <ix:continuation id="t_11_46df22ee_efe6_0064_1fd1_97f6dfeb07fd_2" continuedAt="t_11_46df22ee_efe6_0064_1fd1_97f6dfeb07fd_3"> <div> <div style="clear: both; margin-top: 2.20pt; position: relative; width: 100%;"> <div style="float: left; line-height: 10.02pt; text-align: left; width: 9.35pt;"><span style="color: #000000; font-family: times new roman; font-size: 8.02pt;">(5)</span></div> <div style="float: left; line-height: 10.02pt; margin-left: 14.65pt; text-align: justify; width: 487.00pt;"><span style="color: #000000; font-family: times new roman; font-size: 8.02pt;">The Fund pays the Investment Adviser a fee, payable monthly in arrears at an annual rate equal to 1.00% of the Fund&#8217;s average daily Managed Assets. </span><span style="color: #000000; font-family: times new roman; font-size: 8.02pt;">Common Shareholders bear the portion of the investment advisory fee attributable to the assets purchased with the proceeds of borrowing or the issuance </span><span style="color: #000000; font-family: times new roman; font-size: 8.02pt;">of commercial paper or other forms of debt (&#8220;Borrowings&#8221;) or reverse repurchase agreements, dollar rolls or similar transactions or through a </span><span style="color: #000000; font-family: times new roman; font-size: 8.02pt;">combination of the foregoing (collectively &#8220;Financial Leverage&#8221;), which means that Common Shareholders effectively bear the entire advisory fee. The </span><span style="color: #000000; font-family: times new roman; font-size: 8.02pt;">fee shown above is based upon outstanding Financial Leverage of 24.3% of the Fund&#8217;s Managed Assets. The management fee as a percentage of net assets </span><span style="color: #000000; font-family: times new roman; font-size: 8.02pt;">attributable to the Common Shares is higher than if the Trust did not utilize such Financial Leverage. If Financial Leverage of more than 24.3% of the </span><span style="color: #000000; font-family: times new roman; font-size: 8.02pt;">Fund&#8217;s Managed Assets is used, the management fees shown would be higher.</span></div> </div> <div style="clear: both; position: relative;"></div> </div> </ix:continuation> <ix:continuation id="t_11_46df22ee_efe6_0064_1fd1_97f6dfeb07fd_3" continuedAt="t_11_46df22ee_efe6_0064_1fd1_97f6dfeb07fd_4"> <div> <div style="clear: both; margin-top: 2.10pt; position: relative; width: 100%;"> <div style="float: left; line-height: 10.02pt; text-align: left; width: 9.35pt;"><span style="color: #000000; font-family: times new roman; font-size: 8.02pt;">(6)</span></div> <div style="float: left; line-height: 10.02pt; margin-left: 14.65pt; text-align: justify; width: 487.00pt;"><span style="color: #000000; font-family: times new roman; font-size: 8.02pt;">Interest expense is estimated for the current fiscal year and includes interest payments on borrowed funds and interest expense on reverse repurchase agreements. Interest payments on borrowed funds is based upon the Fund&#8217;s outstanding Borrowings as of November 30, 2022 (unaudited), which included Borrowings under the Fund&#8217;s committed facility agreement in an amount equal to 4.4% of the Fund&#8217;s Managed Assets at an assumed average interest rate of 5.50%. Interest expense on reverse repurchase agreements is based on the Fund&#8217;s outstanding reverse repurchase agreements as of November 30, 2022 (unaudited), in an amount equal to 19.9% of the Fund&#8217;s Managed Assets at November 30, 2022 (unaudited), at an assumed weighted average interest rate of 4.91%. The actual amount of interest payments and expenses borne by the Fund will vary over time in accordance with the amount of Borrowings and reverse repurchase agreements and variations in market interest rates.</span></div> </div> <div style="clear: both; position: relative;"></div> </div> </ix:continuation> <ix:continuation id="t_11_46df22ee_efe6_0064_1fd1_97f6dfeb07fd_4" continuedAt="t_11_46df22ee_efe6_0064_1fd1_97f6dfeb07fd_5"> <div> <div style="clear: both; margin-top: 2.10pt; position: relative; width: 100%;"> <div style="float: left; line-height: 10.02pt; text-align: left; width: 9.35pt;"><span style="color: #000000; font-family: times new roman; font-size: 8.02pt;">(7)</span></div> <div style="float: left; line-height: 10.02pt; margin-left: 14.65pt; text-align: justify; width: 487.00pt;"><span style="color: #000000; font-family: times new roman; font-size: 8.02pt;"><ix:nonNumeric name="cef:AcquiredFundFeesEstimatedNoteTextBlock" id="t_17_4643f535_04d4_ee43_6532_98c930b27ede" escape="true" continuedAt="t_17_4643f535_04d4_ee43_6532_98c930b27ede_1" contextRef="DefaultContext">Acquired Fund Fees and Expenses are based on estimated amounts for the current fiscal year, reflecting the fees and expenses borne by the Fund as an </ix:nonNumeric></span><span style="color: #000000; font-family: times new roman; font-size: 8.02pt;"><ix:continuation id="t_17_4643f535_04d4_ee43_6532_98c930b27ede_1" continuedAt="t_17_4643f535_04d4_ee43_6532_98c930b27ede_2">investor in other investment companies during the six-month period ended November 30, 2022, and the expected investment of the proceeds of this </ix:continuation></span><span style="color: #000000; font-family: times new roman; font-size: 8.02pt;"><ix:continuation id="t_17_4643f535_04d4_ee43_6532_98c930b27ede_2">offering.</ix:continuation></span></div> </div> <div style="clear: both; position: relative;"></div> </div> </ix:continuation> <ix:continuation id="t_11_46df22ee_efe6_0064_1fd1_97f6dfeb07fd_5" continuedAt="t_11_46df22ee_efe6_0064_1fd1_97f6dfeb07fd_6"> <div> <div style="clear: both; margin-top: 2.10pt; position: relative; width: 100%;"> <div style="float: left; line-height: 10.02pt; text-align: left; width: 9.35pt;"><span style="color: #000000; font-family: times new roman; font-size: 8.02pt;">(8)</span></div> <div style="float: left; line-height: 10.02pt; margin-left: 14.65pt; text-align: left; width: 487.00pt;"><span style="color: #000000; font-family: times new roman; font-size: 8.02pt;"><ix:footnote id="f_0001_000010" xml:lang="en-US"><ix:nonNumeric name="cef:OtherExpensesNoteTextBlock" id="t_6_2ab66b5b_3151_a5d0_72d2_2cb7118b5630" escape="true" contextRef="DefaultContext">Other expenses are estimated for the current fiscal year.</ix:nonNumeric></ix:footnote></span></div> </div> <div style="clear: both; position: relative;"></div> </div> </ix:continuation> <ix:continuation id="t_11_46df22ee_efe6_0064_1fd1_97f6dfeb07fd_6"> <div> <div style="clear: both; margin-top: 2.10pt; position: relative; width: 100%;"> <div style="float: left; line-height: 10.02pt; text-align: left; width: 9.35pt;"><span style="color: #000000; font-family: times new roman; font-size: 8.02pt;">(9) </span></div> <div style="float: left; line-height: 10.02pt; margin-left: 14.65pt; text-align: justify; width: 487.00pt;"><span style="color: #000000; font-family: times new roman; font-size: 8.02pt;"><ix:nonNumeric name="cef:AcquiredFundTotalAnnualExpensesNoteTextBlock" id="t_18_51bc932d_b2fd_f1e4_14c7_8ba0febdcaa0" escape="true" continuedAt="t_18_51bc932d_b2fd_f1e4_14c7_8ba0febdcaa0_1" contextRef="DefaultContext">The Total Annual Fund Operating Expenses in this fee table may not correlate to the expense ratios in the Fund&#8217;s financial highlights and financial </ix:nonNumeric></span><span style="color: #000000; font-family: times new roman; font-size: 8.02pt;"><ix:continuation id="t_18_51bc932d_b2fd_f1e4_14c7_8ba0febdcaa0_1" continuedAt="t_18_51bc932d_b2fd_f1e4_14c7_8ba0febdcaa0_2">statements because the financial highlights and financial statements reflect only the operating expenses of the Fund and do not include Acquired Fund </ix:continuation></span><span style="color: #000000; font-family: times new roman; font-size: 8.02pt;"><ix:continuation id="t_18_51bc932d_b2fd_f1e4_14c7_8ba0febdcaa0_2">Fees and Expenses, which are fees and expenses incurred indirectly by the Fund through its investments in certain underlying investment companies.</ix:continuation></span></div> </div> <div style="clear: both; position: relative;"></div> </div> </ix:continuation> <ix:nonNumeric name="cef:ExpenseExampleTableTextBlock" id="t_3_7876da1f_56f8_644d_c485_637bf72f6a14" escape="true" continuedAt="t_3_7876da1f_56f8_644d_c485_637bf72f6a14_1" contextRef="DefaultContext"> <div style="line-height: 12.02pt; margin-top: 10.10pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-weight: bold;">Example</span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; line-height: 12.02pt;"> </span></div> </ix:nonNumeric> <ix:continuation id="t_3_7876da1f_56f8_644d_c485_637bf72f6a14_1" continuedAt="t_3_7876da1f_56f8_644d_c485_637bf72f6a14_2"> <div style="line-height: 12.02pt; margin-top: 10.10pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">As required by relevant SEC regulations, the following Example illustrates the expenses that you would pay on a $1,000 </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">investment in the Common Shares, assuming (1)&#160;&#8220;Total annual expenses&#8221; of 2.82% of net assets attributable to the Common </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">Shares, (2)&#160;the sales load of $20 and estimated offering expenses of $6, and (3)&#160;a&#160;5% annual return*:</span><span style="color: #000000; font-family: times new roman; font-size: 1pt; line-height: 1pt;">&#8195;</span></div> </ix:continuation> <div style="line-height: 1.0pt; margin-top: 5.00pt; text-align: left;"></div> <div style="margin-top: 0.0pt;"> <ix:continuation id="t_3_7876da1f_56f8_644d_c485_637bf72f6a14_2" continuedAt="t_3_7876da1f_56f8_644d_c485_637bf72f6a14_3">
<table style="empty-cells: show; width: 516pt;" cellpadding="0" cellspacing="0">
<tr style="height: 8.35pt;">
<td style="background-color: #ffffff; padding-bottom: 1.35pt; padding-top: 1.35pt; vertical-align: Bottom; width: 115.2pt;"> <div style="line-height: 0.5pt; text-align: left;"> <div style="margin-left: 26pt; margin-right: 6pt; text-align: center; white-space: nowrap;"><span style="border-bottom: 0.5pt groove #000000; color: #000000; font-family: times new roman; font-size: 10.02pt; font-weight: bold;">&#160;</span></div> </div> </td>
<td style="background-color: #ffffff; padding-bottom: 1.35pt; padding-top: 1.35pt; vertical-align: Bottom; width: 95.2pt;"> <div style="line-height: 11.0pt; text-align: left;"> <div style="margin-left: 6pt; margin-right: 6pt; text-align: center; white-space: nowrap;"><span style="border-bottom: 0.5pt groove #000000; color: #000000; font-family: times new roman; font-size: 10.02pt; font-weight: bold;">1 Year</span></div> </div> </td>
<td style="background-color: #ffffff; padding-bottom: 1.35pt; padding-top: 1.35pt; vertical-align: Bottom; width: 95.2pt;"> <div style="line-height: 11.0pt; text-align: left;"> <div style="margin-left: 6pt; margin-right: 6pt; text-align: center; white-space: nowrap;"><span style="border-bottom: 0.5pt groove #000000; color: #000000; font-family: times new roman; font-size: 10.02pt; font-weight: bold;">3 Years</span></div> </div> </td>
<td style="background-color: #ffffff; padding-bottom: 1.35pt; padding-top: 1.35pt; vertical-align: Bottom; width: 95.2pt;"> <div style="line-height: 11.0pt; text-align: left;"> <div style="margin-left: 6pt; margin-right: 6pt; text-align: center; white-space: nowrap;"><span style="border-bottom: 0.5pt groove #000000; color: #000000; font-family: times new roman; font-size: 10.02pt; font-weight: bold;">5 Years</span></div> </div> </td>
<td style="background-color: #ffffff; padding-bottom: 1.35pt; padding-top: 1.35pt; vertical-align: Bottom; width: 115.2pt;"> <div style="line-height: 11.0pt; text-align: left;"> <div style="margin-left: 6pt; margin-right: 26pt; text-align: center; white-space: nowrap;"><span style="border-bottom: 0.5pt groove #000000; color: #000000; font-family: times new roman; font-size: 10.02pt; font-weight: bold;">10 Years</span></div> </div> </td> </tr>
<tr style="height: 18.35pt;">
<td style="background-color: #ffffff; padding-bottom: 1.5pt; padding-top: 1.35pt; vertical-align: Bottom; width: 115.2pt;"> <div style="line-height: 10pt; text-align: left;"> <div style="margin-left: 26pt; margin-right: 6pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.00pt;">Total Expenses </span></div> <div style="margin-left: 26pt; margin-right: 6pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">Incurred</span></div> </div> </td>
<td style="background-color: #ffffff; padding-bottom: 1.5pt; padding-top: 1.35pt; vertical-align: Bottom; width: 95.2pt;"> <div style="line-height: 10pt; text-align: left;"> <div style="margin-left: 6pt; margin-right: 6pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.00pt;">$<ix:nonFraction name="cef:ExpenseExampleYear01" id="h_9_2c19d80e_eea6_5d8b_3185_42cdd97c3f39" contextRef="DefaultContext" unitRef="USD" decimals="INF" scale="0" format="ixt:numdotdecimal">54</ix:nonFraction></span></div> </div> </td>
<td style="background-color: #ffffff; padding-bottom: 1.5pt; padding-top: 1.35pt; vertical-align: Bottom; width: 95.2pt;"> <div style="line-height: 10pt; text-align: left;"> <div style="margin-left: 6pt; margin-right: 6pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.00pt;">$<ix:nonFraction name="cef:ExpenseExampleYears1to3" id="h_10_d7d76384_7fb1_dac2_d98f_17365b7c47d9" contextRef="DefaultContext" unitRef="USD" decimals="INF" scale="0" format="ixt:numdotdecimal">111</ix:nonFraction></span></div> </div> </td>
<td style="background-color: #ffffff; padding-bottom: 1.5pt; padding-top: 1.35pt; vertical-align: Bottom; width: 95.2pt;"> <div style="line-height: 10pt; text-align: left;"> <div style="margin-left: 6pt; margin-right: 6pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.00pt;">$<ix:nonFraction name="cef:ExpenseExampleYears1to5" id="h_11_eb5e3d0d_d17e_8a0a_0e82_b05841a80bb7" contextRef="DefaultContext" unitRef="USD" decimals="INF" scale="0" format="ixt:numdotdecimal">171</ix:nonFraction></span></div> </div> </td>
<td style="background-color: #ffffff; padding-bottom: 1.5pt; padding-top: 1.35pt; vertical-align: Bottom; width: 115.2pt;"> <div style="line-height: 10pt; text-align: left;"> <div style="margin-left: 6pt; margin-right: 26pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.00pt;">$<ix:nonFraction name="cef:ExpenseExampleYears1to10" id="h_12_51f011da_ea9f_8c95_055c_d4d8ffd4b1bb" contextRef="DefaultContext" unitRef="USD" decimals="INF" scale="0" format="ixt:numdotdecimal">333</ix:nonFraction></span></div> </div> </td> </tr> </table> </ix:continuation> </div> <div style="line-height: 12.52pt; margin-top: 7.10pt; text-align: left;"><hr style="background-color: #000000; height: 0.5pt; margin-bottom: 8pt; margin-left: 0%; margin-top: 7.0pt; text-align: left; width: 84pt;" /></div> <ix:continuation id="t_3_7876da1f_56f8_644d_c485_637bf72f6a14_3" continuedAt="t_3_7876da1f_56f8_644d_c485_637bf72f6a14_4"> <div> <div style="clear: both; margin-top: -3.40pt; position: relative; width: 100%;"> <div style="float: left; line-height: 12.02pt; text-align: left; width: 5.01pt;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">*</span></div> <div style="float: left; line-height: 12.02pt; margin-left: 18.99pt; text-align: justify; width: 487.00pt;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-weight: bold;">The Example should not be considered a representation of future expenses or returns. Actual expenses may be </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-weight: bold;">higher or lower than those assumed. Moreover, the Fund&#8217;s actual rate of return may be higher or lower than the </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-weight: bold;">hypothetical 5% return shown in the Example.</span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"> The Example assumes that all dividends and distributions are reinvested </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">at net asset value. See &#8220;Distributions&#8221; and &#8220;Dividend Reinvestment Plan&#8221; in the accompanying Prospectus.</span></div> </div> <div style="clear: both; position: relative;"></div> </div> </ix:continuation> <ix:continuation id="t_3_7876da1f_56f8_644d_c485_637bf72f6a14_4" continuedAt="t_3_7876da1f_56f8_644d_c485_637bf72f6a14_5"> <div> <div style="clear: both; margin-top: 10.10pt; position: relative; width: 100%;"> <div style="float: left; line-height: 12.02pt; text-align: left; width: 5.01pt;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; line-height: 12.02pt;">&#8194;</span></div> <div style="float: left; line-height: 12.02pt; margin-left: 18.99pt; text-align: justify; width: 487.00pt;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">The above table and Example and the assumption in the Example of the 5% annual return are required by the regulations of </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">the SEC. The assumed 5% annual return is not a prediction of, and does not represent, the projected or actual performance </span></div> </div> <div style="clear: both; position: relative;"></div> </div> </ix:continuation> </div> <div style="clear: both;"></div> <div style="float: left; margin-left: 39pt; margin-top: 12pt; width: 516pt; min-height: 12pt;"> <div style="line-height: 10.02pt; text-align: center;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; line-height: 10.02pt; margin-left: 0%;">3</span></div> </div> </div> </div> <div style="float: left; margin-bottom: 5.0pt; width: 100%;"></div> <hr style="clear: both; margin: 40.0pt 0.25pt 0.25pt 0.25pt;" /></div> <div> <div><a id="xx_ca227db6-4709-43b9-a680-2a72f7abff8d_4"></a> <div style="page-break-after: always; position: relative;"> <div style="clear: both;"></div> <div style="float: left; min-height: 696pt; margin-left: 39pt; margin-top: 36pt; width: 516pt;"> <ix:continuation id="t_3_7876da1f_56f8_644d_c485_637bf72f6a14_5"> <div style="line-height: 12.02pt; margin-left: 24pt; text-align: justify;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.00%;">of the Fund&#8217;s Common Shares. For more complete descriptions of certain of the Fund&#8217;s costs and expenses, see </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">&#8220;Management of the Fund&#8221; in the accompanying Prospectus. The Example assumes that the estimated &#8220;Other expenses&#8221; </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">set forth in the table are accurate.</span> </span></div> </ix:continuation> <div style="line-height: 22.02pt; margin-top: 6.70pt; text-align: center;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-weight: bold; margin-left: 0%; text-transform: uppercase;">CAPITALIZATION</span></div> <div style="line-height: 12.02pt; margin-top: 4.71pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">In accordance with the terms of the Sales Agreement, the Fund may offer and sell the Common Shares having an aggregate </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">initial offering price of up to $330,024,727, from time to time, through Cantor Fitzgerald as the Fund&#8217;s agent for the offer and </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">sale of the Common Shares. The price per share of any of the Common Share sold hereunder may be greater or less than the </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">price of $15.90 per share (the last reported sale price for the Fund&#8217;s Common Shares on the NYSE as of March 27, 2023) </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">assumed herein, depending on the market price of the Common Shares at the time of such sale. Furthermore, there is no </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">guarantee that the Fund will sell all of the Common Shares available for sale hereunder or that there will be any sales of the </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">Common Shares hereunder. To the extent that the market price per Common Share, less any distributing commission or </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">discount, is less than the then current net asset value per Common Share on any given day, the Fund will instruct Cantor </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">Fitzgerald not to make any sales on such day.</span></div> <div style="line-height: 12.02pt; margin-top: 9.70pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">The following table sets forth the Fund&#8217;s capitalization:</span></div> <div> <div style="clear: both; margin-top: 9.70pt; position: relative; width: 100%;"> <div style="float: left; line-height: 12.02pt; margin-left: 31pt; text-align: left; width: 9.45pt;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">(i)</span></div> <div style="float: left; line-height: 12.02pt; margin-left: 22.55pt; text-align: left; width: 448.00pt;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">on a historical basis as of May 31, 2022 (audited);</span></div> </div> <div style="clear: both; position: relative;"></div> </div> <div> <div style="clear: both; margin-top: 9.70pt; position: relative; width: 100%;"> <div style="float: left; line-height: 12.02pt; margin-left: 31pt; text-align: left; width: 12.24pt;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">(ii)</span></div> <div style="float: left; line-height: 12.02pt; margin-left: 19.76pt; text-align: left; width: 448.00pt;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">on a historical basis as of November 30, 2022 (unaudited);</span></div> </div> <div style="clear: both; position: relative;"></div> </div> <div> <div style="clear: both; margin-top: 9.71pt; position: relative; width: 100%;"> <div style="float: left; line-height: 12.02pt; margin-left: 31pt; text-align: left; width: 15.02pt;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">(iii)</span></div> <div style="float: left; line-height: 12.02pt; margin-left: 16.98pt; text-align: justify; width: 448.00pt;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">on an as adjusted basis, as of March 27, 2023 (unaudited), to reflect the issuance of an aggregate of 492,024 </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">Common Shares pursuant to the Fund&#8217;s Automatic Dividend Reinvestment Plan, and the application of the net </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">proceeds from such issuances of the Common Shares; and the issuance and sale of 3,624,922 Common Shares </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">issued and sold after November 30, 2022, but prior to the date of this Prospectus Supplement (less the </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">commission paid and offering expenses payable by the Fund in connection with the issuance and sale of such </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">Common Shares); and a decrease in Borrowings of $5,000,000 and a decrease in reverse repurchase agreements </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">of $9,875,681; and</span></div> </div> <div style="clear: both; position: relative;"></div> </div> <div> <div style="clear: both; margin-top: 9.80pt; position: relative; width: 100%;"> <div style="float: left; line-height: 12.02pt; margin-left: 31pt; text-align: left; width: 14.21pt;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">(iv)</span></div> <div style="float: left; line-height: 12.02pt; margin-left: 17.79pt; text-align: justify; width: 448.00pt;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">on an as further adjusted basis (unaudited) to reflect the assumed sale of 20,756,272 Common Shares at a price of </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">$15.90 per share (the last reported sale price for the Fund&#8217;s Common Shares on the NYSE as of March&#160;27, 2023), </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">in an offering under this Prospectus Supplement and the accompanying Prospectus less the assumed commission </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">of $6,600,495 (representing an estimated commission paid to Cantor Fitzgerald of 2.00% of the gross proceeds </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">of the sale of the Common Shares effected by Cantor Fitzgerald in this offering) and estimated offering expenses </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">payable by the Fund of $1,980,148.</span><span style="color: #000000; font-family: times new roman; font-size: 1pt; line-height: 1pt;">&#8195;</span></div> </div> <div style="clear: both; position: relative;"></div> </div> <div style="line-height: 1.0pt; margin-top: 5.00pt; text-align: left;"></div> <div style="margin-top: 0.0pt;">
<table style="empty-cells: show; width: 516pt; height: 268px;" cellpadding="0" cellspacing="0">
<tr style="height: 44.39pt;">
<td style="background-color: #ffffff; padding-bottom: 3.35pt; padding-top: 3.35pt; vertical-align: bottom; width: 212.21pt; height: 69px;"> <div style="line-height: 0.5pt; text-align: left;"> <div style="margin-right: 6pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-weight: bold;">&#160;</span></div> </div> </td>
<td style="background-color: #ffffff; padding-bottom: 1.35pt; padding-top: 1.35pt; vertical-align: bottom; width: 74.6pt; height: 69px;"> <div style="line-height: 13.02pt; text-align: left;"> <div style="border-bottom: 0.5pt solid #000000; margin-left: 4pt; margin-right: 4pt; padding-bottom: 1pt;"> <div style="text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-weight: bold;">Actual as of </span></div> <div style="text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-weight: bold;">May 31, </span></div> <div style="text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-weight: bold;">2022</span></div> <div style="text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-weight: bold;">(audited)</span></div> </div> </div> </td>
<td style="background-color: #ffffff; padding-bottom: 1.35pt; padding-top: 1.35pt; vertical-align: bottom; width: 74.6pt; height: 69px;"> <div style="line-height: 13.02pt; text-align: left;"> <div style="border-bottom: 0.5pt solid #000000; margin-left: 4pt; margin-right: 4pt; padding-bottom: 1pt;"> <div style="text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-weight: bold;">Actual as of </span></div> <div style="text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-weight: bold;">November&#160;30, </span></div> <div style="text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-weight: bold;">2022</span></div> <div style="text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-weight: bold;">(unaudited)</span></div> </div> </div> </td>
<td style="background-color: #ffffff; padding-bottom: 1.35pt; padding-top: 1.35pt; vertical-align: bottom; width: 85.99pt; height: 69px;"> <div style="line-height: 13.02pt; text-align: left;"> <div style="border-bottom: 0.5pt solid #000000; margin-left: 4pt; margin-right: 4pt; padding-bottom: 1pt;"> <div style="text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-weight: bold;">As Adjusted as of </span></div> <div style="text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-weight: bold;">March&#160;27, </span></div> <div style="text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-weight: bold;">2023</span></div> <div style="text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-weight: bold;">(unaudited)</span></div> </div> </div> </td>
<td style="background-color: #ffffff; padding-bottom: 1.35pt; padding-top: 1.35pt; vertical-align: bottom; width: 68.6pt; height: 69px;"> <div style="line-height: 13.02pt; text-align: left;"> <div style="border-bottom: 0.5pt solid #000000; margin-left: 4pt; padding-bottom: 1pt;"> <div style="text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-weight: bold;">As Further </span></div> <div style="text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-weight: bold;">Adjusted</span></div> <div style="text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-weight: bold;">(unaudited)</span></div> </div> </div> </td> </tr>
<tr style="height: 12.35pt;">
<td style="background-color: azure; padding-bottom: 4pt; padding-top: 3.35pt; vertical-align: bottom; width: 212.21pt; height: 14px;"> <div style="line-height: 10pt; text-align: left;"> <div style="margin-right: 6pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-weight: bold; margin-left: 0.0pt;">Short-Term Debt:</span></div> </div> </td>
<td style="background-color: azure; padding-bottom: 4pt; padding-top: 3.35pt; vertical-align: bottom; width: 74.6pt; height: 14px;"> <div style="line-height: 0.5pt; text-align: left;"> <div style="margin-left: 6.0pt; margin-right: 6.0pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">&#160;</span></div> </div> </td>
<td style="background-color: azure; padding-bottom: 4pt; padding-top: 3.35pt; vertical-align: bottom; width: 74.6pt; height: 14px;"> <div style="line-height: 0.5pt; text-align: left;"> <div style="margin-left: 6.0pt; margin-right: 6.0pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">&#160;</span></div> </div> </td>
<td style="background-color: azure; padding-bottom: 4pt; padding-top: 3.35pt; vertical-align: bottom; width: 85.99pt; height: 14px;"> <div style="line-height: 0.5pt; text-align: left;"> <div style="margin-left: 11.695pt; margin-right: 11.695pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: -5.69pt;">&#160;</span></div> </div> </td>
<td style="background-color: azure; padding-bottom: 4pt; padding-top: 3.35pt; vertical-align: bottom; width: 68.6pt; height: 14px;"> <div style="line-height: 0.5pt; text-align: left;"> <div style="margin-left: 4pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">&#160;</span></div> </div> </td> </tr>
<tr style="height: 13pt;">
<td style="background-color: #ffffff; padding-bottom: 4pt; padding-top: 4pt; vertical-align: bottom; width: 212.21pt; height: 14px;"> <div style="line-height: 10pt; text-align: left;"> <div style="margin-right: 6pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">Borrowings and Reverse Repurchase Agreements</span></div> </div> </td>
<td style="background-color: #ffffff; padding-bottom: 4pt; padding-top: 4pt; vertical-align: bottom; width: 74.6pt; height: 14px;"> <div style="line-height: 10pt; text-align: left;"> <div style="margin-left: 6.0pt; margin-right: 6.0pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">$</span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 7.51pt;">477,432,183</span></div> </div> </td>
<td style="background-color: #ffffff; padding-bottom: 4pt; padding-top: 4pt; vertical-align: bottom; width: 74.6pt; height: 14px;"> <div style="line-height: 10pt; text-align: left;"> <div style="margin-left: 6.0pt; margin-right: 6.0pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">$</span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 7.51pt;">465,818,435</span></div> </div> </td>
<td style="background-color: #ffffff; padding-bottom: 4pt; padding-top: 4pt; vertical-align: bottom; width: 85.99pt; height: 14px;"> <div style="line-height: 10pt; text-align: left;"> <div style="margin-left: 11.695pt; margin-right: 11.695pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">$</span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 7.51pt;">450,942,754</span></div> </div> </td>
<td style="background-color: #ffffff; padding-bottom: 4pt; padding-top: 4pt; vertical-align: bottom; width: 68.6pt; height: 14px;"> <div style="line-height: 10pt; text-align: left;"> <div style="margin-left: 4pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">$</span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 7.51pt;">450,942,754</span></div> </div> </td> </tr>
<tr style="height: 13pt;">
<td style="background-color: azure; padding-bottom: 4pt; padding-top: 4pt; vertical-align: bottom; width: 212.21pt; height: 14px;"> <div style="line-height: 10pt; text-align: left;"> <div style="margin-right: 6pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-weight: bold; margin-left: 0.0pt;">Common Shareholder&#8217;s Equity:</span></div> </div> </td>
<td style="background-color: azure; padding-bottom: 4pt; padding-top: 4pt; vertical-align: bottom; width: 74.6pt; height: 14px;"> <div style="line-height: 0.5pt; text-align: left;"> <div style="margin-left: 6.0pt; margin-right: 6.0pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">&#160;</span></div> </div> </td>
<td style="background-color: azure; padding-bottom: 4pt; padding-top: 4pt; vertical-align: bottom; width: 74.6pt; height: 14px;"> <div style="line-height: 0.5pt; text-align: left;"> <div style="margin-left: 6.0pt; margin-right: 6.0pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">&#160;</span></div> </div> </td>
<td style="background-color: azure; padding-bottom: 4pt; padding-top: 4pt; vertical-align: bottom; width: 85.99pt; height: 14px;"> <div style="line-height: 0.5pt; text-align: left;"> <div style="margin-left: 11.695pt; margin-right: 11.695pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: -5.69pt;">&#160;</span></div> </div> </td>
<td style="background-color: azure; padding-bottom: 4pt; padding-top: 4pt; vertical-align: bottom; width: 68.6pt; height: 14px;"> <div style="line-height: 0.5pt; text-align: left;"> <div style="margin-left: 4pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">&#160;</span></div> </div> </td> </tr>
<tr style="height: 83pt;">
<td style="background-color: #ffffff; padding-bottom: 4pt; padding-top: 4pt; vertical-align: bottom; width: 212.21pt; height: 113px;"> <div style="line-height: 10pt; text-align: left;"> <div style="margin-right: 6pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">Common shares of beneficial interest, par value </span></div> <div style="margin-right: 6pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">$0.01 per share; unlimited shares authorized, </span></div> <div style="margin-right: 6pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">104,149,415 shares issued and outstanding (actual </span></div> <div style="margin-right: 6pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">as of May&#160;31, 2022), 112,164,730 shares issued </span></div> <div style="margin-right: 6pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">and outstanding (actual as of November&#160;30, 2022), </span></div> <div style="margin-right: 6pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">116,281,676 shares issued and outstanding (as </span></div> <div style="margin-right: 6pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">adjusted), and 137,037,948 shares issued and </span></div> <div style="margin-right: 6pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">outstanding (as further adjusted)</span></div> </div> </td>
<td style="background-color: #ffffff; padding-bottom: 4pt; padding-top: 4pt; vertical-align: bottom; width: 74.6pt; height: 113px;"> <div style="line-height: 10pt; text-align: left;"> <div style="margin-left: 6.0pt; margin-right: 6.0pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">$</span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 17.53pt;">1,041,494</span></div> </div> </td>
<td style="background-color: #ffffff; padding-bottom: 4pt; padding-top: 4pt; vertical-align: bottom; width: 74.6pt; height: 113px;"> <div style="line-height: 10pt; text-align: left;"> <div style="margin-left: 6.0pt; margin-right: 6.0pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">$</span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 17.53pt;">1,121,647</span></div> </div> </td>
<td style="background-color: #ffffff; padding-bottom: 4pt; padding-top: 4pt; vertical-align: bottom; width: 85.99pt; height: 113px;"> <div style="line-height: 10pt; text-align: left;"> <div style="margin-left: 11.695pt; margin-right: 11.695pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">$</span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 17.53pt;">1,162,817</span></div> </div> </td>
<td style="background-color: #ffffff; padding-bottom: 4pt; padding-top: 4pt; vertical-align: bottom; width: 68.6pt; height: 113px;"> <div style="line-height: 10pt; text-align: left;"> <div style="margin-left: 4pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">$</span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 17.53pt;">1,370,379</span></div> </div> </td> </tr>
<tr style="height: 13pt;">
<td style="background-color: azure; padding-bottom: 4pt; padding-top: 4pt; vertical-align: bottom; width: 212.21pt; height: 14px;"> <div style="line-height: 10pt; text-align: left;"> <div style="margin-right: 6pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">Additional paid-in capital</span></div> </div> </td>
<td style="background-color: azure; padding-bottom: 4pt; padding-top: 4pt; vertical-align: bottom; width: 74.6pt; height: 14px;"> <div style="line-height: 10pt; text-align: left;"> <div style="margin-left: 6.0pt; margin-right: 6.0pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">$</span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">1,599,685,304</span></div> </div> </td>
<td style="background-color: azure; padding-bottom: 4pt; padding-top: 4pt; vertical-align: bottom; width: 74.6pt; height: 14px;"> <div style="line-height: 10pt; text-align: left;"> <div style="margin-left: 6.0pt; margin-right: 6.0pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">$</span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">1,727,195,422</span></div> </div> </td>
<td style="background-color: azure; padding-bottom: 4pt; padding-top: 4pt; vertical-align: bottom; width: 85.99pt; height: 14px;"> <div style="line-height: 10pt; text-align: left;"> <div style="margin-left: 11.695pt; margin-right: 11.695pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.00pt;">$</span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">1,792,797,610</span></div> </div> </td>
<td style="background-color: azure; padding-bottom: 4pt; padding-top: 4pt; vertical-align: bottom; width: 68.6pt; height: 14px;"> <div style="line-height: 10pt; text-align: left;"> <div style="margin-left: 4pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">$</span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">2,114,034,132</span></div> </div> </td> </tr>
<tr style="height: 16.35pt;">
<td style="background-color: #ffffff; padding-bottom: 3.35pt; padding-top: 4pt; vertical-align: bottom; width: 212.21pt; height: 14px;"> <div style="line-height: 10pt; text-align: left;"> <div style="margin-right: 6pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">Total distributable earnings (loss)</span></div> </div> </td>
<td style="background-color: #ffffff; border-bottom: 0.5pt solid #000000; padding-bottom: 1.35pt; padding-top: 4pt; vertical-align: bottom; width: 74.6pt; height: 14px;"> <div style="line-height: 11.0pt; text-align: left;"> <div style="margin-left: 6.0pt; margin-right: 6.0pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">$</span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.84pt; margin-right: -2.5pt;">(108,111,691)</span></div> </div> </td>
<td style="background-color: #ffffff; border-bottom: 0.5pt solid #000000; padding-bottom: 1.35pt; padding-top: 4pt; vertical-align: bottom; width: 74.6pt; height: 14px;"> <div style="line-height: 11.0pt; text-align: left;"> <div style="margin-left: 6.0pt; margin-right: 6.0pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">$</span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.84pt; margin-right: -2.5pt;">(279,010,348)</span></div> </div> </td>
<td style="background-color: #ffffff; border-bottom: 0.5pt solid #000000; padding-bottom: 1.35pt; padding-top: 4pt; vertical-align: bottom; width: 85.99pt; height: 14px;"> <div style="line-height: 11.0pt; text-align: left;"> <div style="margin-left: 11.695pt; margin-right: 11.695pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">$</span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.84pt; margin-right: -2.5pt;">(279,010,348)</span></div> </div> </td>
<td style="background-color: #ffffff; border-bottom: 0.5pt solid #000000; padding-bottom: 1.35pt; padding-top: 4pt; vertical-align: bottom; width: 68.6pt; height: 14px;"> <div style="line-height: 11.0pt; text-align: left;"> <div style="margin-left: 4pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">$</span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.84pt; margin-right: -2.5pt;">(279,010,348)</span></div> </div> </td> </tr>
<tr style="height: 15.05pt;">
<td style="background-color: azure; padding-bottom: 1.5pt; padding-top: 3.35pt; vertical-align: bottom; width: 212.21pt; height: 16px;"> <div style="line-height: 10pt; text-align: left;"> <div style="margin-right: 6pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">Net assets</span></div> </div> </td>
<td style="background-color: azure; border-bottom: 0.5pt solid #000000; padding-bottom: 1.35pt; padding-top: 3.35pt; vertical-align: bottom; width: 74.6pt; height: 16px;"> <div style="line-height: 11.0pt; text-align: left;"> <div style="margin-left: 6.0pt; margin-right: 6.0pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">$</span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">1,492,615,107</span></div> </div> </td>
<td style="background-color: azure; border-bottom: 0.5pt solid #000000; padding-bottom: 1.35pt; padding-top: 3.35pt; vertical-align: bottom; width: 74.6pt; height: 16px;"> <div style="line-height: 11.0pt; text-align: left;"> <div style="margin-left: 6.0pt; margin-right: 6.0pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">$</span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">1,449,306,721</span></div> </div> </td>
<td style="background-color: azure; border-bottom: 0.5pt solid #000000; padding-bottom: 1.35pt; padding-top: 3.35pt; vertical-align: bottom; width: 85.99pt; height: 16px;"> <div style="line-height: 11.0pt; text-align: left;"> <div style="margin-left: 11.695pt; margin-right: 11.695pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.00pt;">$</span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">1,514,950,079</span></div> </div> </td>
<td style="background-color: azure; border-bottom: 0.5pt solid #000000; padding-bottom: 1.35pt; padding-top: 3.35pt; vertical-align: bottom; width: 68.6pt; height: 16px;"> <div style="line-height: 11.0pt; text-align: left;"> <div style="margin-left: 4pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">$</span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">1,836,394,163</span></div> </div> </td> </tr> </table> </div> <div style="line-height: 22.02pt; margin-top: 12pt; text-align: center;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-weight: bold; margin-left: 0%; text-transform: uppercase;">USE OF PROCEEDS</span></div> <div style="line-height: 12.02pt; margin-top: 4.80pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">Sales of the Common Shares, if any, under this Prospectus Supplement and the accompanying Prospectus may be made in </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">negotiated transactions or by any method permitted by law deemed to be an &#8220;at the market offering&#8221; as defined in </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">Rule&#160;415(a)(4) under the 1933&#160;Act. Assuming the sale of $330,024,727 of the Common Shares under this Prospectus </span></div> </div> <div style="clear: both;"></div> <div style="float: left; margin-left: 39pt; margin-top: 12pt; width: 516pt; min-height: 12pt;"> <div style="line-height: 10.02pt; text-align: center;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; line-height: 10.02pt; margin-left: 0%;">4</span></div> </div> </div> </div> <div style="float: left; margin-bottom: 5.0pt; width: 100%;"></div> <hr style="clear: both; margin: 40.0pt 0.25pt 0.25pt 0.25pt;" /></div> <div> <div><a id="xx_ca227db6-4709-43b9-a680-2a72f7abff8d_5"></a> <div style="page-break-after: always; position: relative;"> <div style="clear: both;"></div> <div style="float: left; min-height: 696pt; margin-left: 39pt; margin-top: 36pt; width: 516pt;"> <div style="line-height: 12.02pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">Supplement and the accompanying Prospectus, the net proceeds to the Fund from this offering will be approximately </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">$321,444,084, after deducting the estimated commission and estimated offering expenses. There is no guarantee that there will </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">be any sales of the Common Shares pursuant to the Prospectus Supplement. The price per share of any Common Share sold </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">hereunder may be greater or less than the price assumed herein, depending on the market price of the Common Shares at the </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">time of such sale.</span></div> <div style="line-height: 12.02pt; margin-top: 9.90pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">Furthermore, there is no guarantee that the Fund will sell all of the Common Shares available for sale hereunder or that there </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">will be any sales of the Common Shares hereunder. To the extent that the market price per Common Share, less any distributing </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">commission or discount, is less than the then current net asset value per Common Share on any given day, the Fund will instruct </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">Cantor Fitzgerald not to make any sales on such day. As a result, the actual net proceeds received by the Fund may be less than </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">the amount of net proceeds estimated in this Prospectus Supplement.</span></div> <div style="line-height: 12.02pt; margin-top: 9.90pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">The Fund intends to invest the net proceeds of the offering in accordance with its investment objective and policies as stated in </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">the accompanying Prospectus or otherwise invest the net proceeds as follows. It is currently anticipated that the Fund will be </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">able to invest most of the net proceeds of the offering in accordance with its investment objective and policies within three </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">months after receipt of such proceeds. Pending such investment, it is anticipated that the proceeds will be invested in U.S. </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">government securities or high quality, short-term money market securities. The Fund may also use the proceeds for working </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">capital purposes, including the payment of distributions, interest and operating expenses. A portion of the cash held by the Fund, </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">including net proceeds of the offering, is usually used to pay distributions in accordance with the Fund&#8217;s distribution policy and </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">may be a return of capital, which is in effect a partial return of the amount a Common Shareholder invested in the Fund. </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">Common Shareholders who receive the payment of a distribution consisting of a return of capital may be under the impression </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">that they are receiving net investment income or profit when they are not. The Fund&#8217;s distributions may be greater than the </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">Fund&#8217;s net investment income or profit. If the Fund does not offer or sell Common Shares, the Fund may not be able to maintain </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">distributions at historical levels.</span></div> <div style="line-height: 22.02pt; margin-top: 6.90pt; text-align: center;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-weight: bold; margin-left: 0%; text-transform: uppercase;">PLAN OF DISTRIBUTION</span></div> <div style="line-height: 12.02pt; margin-top: 4.90pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">Under the Sales Agreement, upon written instructions from the Fund, Cantor Fitzgerald will use its commercially reasonable </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">efforts consistent with its sales and trading practices, to solicit offers to purchase the Common Shares under the terms and </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">subject to the conditions set forth in the Sales Agreement. Cantor Fitzgerald&#8217;s solicitation will continue until the Fund instructs </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">Cantor Fitzgerald to suspend the solicitations and offers. The Fund will instruct Cantor Fitzgerald as to the amount of the </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">Common Shares to be sold by Cantor Fitzgerald. The Fund may instruct Cantor Fitzgerald not to sell the Common Shares if the </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">sales cannot be effected at or above the price designated by the Fund in any instruction. The Fund or Cantor Fitzgerald may </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">suspend the offering of the Common Shares upon proper notice and subject to other conditions.</span></div> <div style="line-height: 12.02pt; margin-top: 9.90pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">Cantor Fitzgerald will provide written confirmation to the Fund not later than the opening of the trading day on the NYSE </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">following any trading day on which the Common Shares are sold under the Sales Agreement. Each confirmation will include the </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">number of the Common Shares sold on the preceding day, the net proceeds to the Fund and the compensation payable by the </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">Fund to Cantor Fitzgerald in connection with the sales.</span></div> <div style="line-height: 12.02pt; margin-top: 9.90pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">The Fund will pay Cantor Fitzgerald commissions for its services in acting as agent for the sale of the Common Shares. Cantor </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">Fitzgerald will be entitled to compensation of up to 2.00% of the gross proceeds of the sale of any Common Shares under the </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">Sales Agreement, with the exact amount of such compensation to be mutually agreed upon by the Fund and Cantor Fitzgerald </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">from time to time. There is no guarantee that there will be any sales of the Common Shares pursuant to this Prospectus </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">Supplement.</span></div> <div style="line-height: 12.02pt; margin-top: 9.90pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">Settlement for sales of the Common Shares will occur on the second trading day following the date on which such sales are </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">made, or on some other date that is agreed upon by the Fund and Cantor Fitzgerald in connection with a particular transaction, </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">in return for payment of the net proceeds to the Fund. There is no arrangement for funds to be deposited in escrow, trust or </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">similar arrangement.</span></div> <div style="line-height: 12.02pt; margin-top: 10.00pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">In connection with the sale of the Common Shares on behalf of the Fund, Cantor Fitzgerald may be deemed to be an </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">&#8220;underwriter&#8221; within the meaning of the 1933 Act, and the compensation paid to Cantor Fitzgerald may be deemed to be </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">underwriting commissions or discounts. The Fund and the Investment Adviser have agreed to provide indemnification and </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">contribution to Cantor Fitzgerald against certain civil liabilities, including liabilities under the 1933&#160;Act. The Fund and the </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">Investment Adviser have also agreed to reimburse Cantor Fitzgerald for other specified expenses.</span></div> <div style="line-height: 12.02pt; margin-top: 10.00pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">The offering of the Common Shares pursuant to the Sales Agreement will terminate upon the earlier of (1)&#160;the sale of all </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">Common Shares subject to the Sales Agreement or (2)&#160;the termination of the Sales Agreement. The Sales Agreement may be </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">terminated by the Fund in its sole discretion at any time by giving 10&#160;days&#8217; notice to Cantor Fitzgerald. The Sales Agreement </span></div> </div> <div style="clear: both;"></div> <div style="float: left; margin-left: 39pt; margin-top: 12pt; width: 516pt; min-height: 12pt;"> <div style="line-height: 10.02pt; text-align: center;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; line-height: 10.02pt; margin-left: 0%;">5</span></div> </div> </div> </div> <div style="float: left; margin-bottom: 5.0pt; width: 100%;"></div> <hr style="clear: both; margin: 40.0pt 0.25pt 0.25pt 0.25pt;" /></div> <div> <div><a id="xx_ca227db6-4709-43b9-a680-2a72f7abff8d_6"></a> <div style="page-break-after: always; position: relative;"> <div style="clear: both;"></div> <div style="float: left; margin-left: 39pt; margin-top: 36pt; width: 516pt; min-height: 696pt;"> <div style="line-height: 12.02pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">may be terminated by the Investment Adviser in its sole discretion in the event the Investment Adviser ceases to act as </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">investment adviser to the Fund. In addition, Cantor Fitzgerald may terminate the Sales Agreement under the circumstances </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">specified in the Sales Agreement and in its sole discretion at any time following a period of 30 days from the date of the Sales </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">Agreement by giving 10&#160;days&#8217; notice to the Fund.</span></div> <div style="line-height: 12.02pt; margin-top: 10.40pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">Under the 1940 Act, the Fund may not sell the Common Shares at a price below the then current net asset value per Common </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">Share, exclusive of any distributing commission or discount. To the extent that the market price per share of the Fund&#8217;s Common </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">Shares is less than the then current net asset value per Common Share, exclusive of any distributing commission or discount, on </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">any given day, the Fund will instruct Cantor Fitzgerald not to make any sales on such day.</span></div> <div style="line-height: 12.02pt; margin-top: 10.40pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">In accordance with the terms of the Sales Agreement, the Fund may offer and sell the Common Shares having an aggregate </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">initial offering price of up to $330,024,727, from time to time, through Cantor Fitzgerald as agent for the Fund for the offer and </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">sale of the Common Shares.</span></div> <div style="line-height: 12.02pt; margin-top: 10.39pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">The principal business address of Cantor Fitzgerald is 499&#160;Park Avenue, New&#160;York, New&#160;York 10022.</span></div> <div style="line-height: 22.02pt; margin-top: 7.40pt; text-align: center;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-weight: bold; margin-left: 0%; text-transform: uppercase;">LEGAL MATTERS</span></div> <div style="line-height: 12.02pt; margin-top: 5.40pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">Certain legal matters will be passed on by Dechert LLP, Washington, D.C., as counsel to the Fund in connection with the </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">offering of the Common Shares. Certain legal matters will be passed on by Hunton Andrews Kurth LLP, Houston, Texas, as </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">special counsel to Cantor Fitzgerald in connection with the offering of Common Shares.</span></div> <div style="line-height: 22.02pt; margin-top: 7.40pt; text-align: center;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-weight: bold; margin-left: 0%; text-transform: uppercase;">INCORPORATION BY REFERENCE</span></div> <div style="line-height: 12.02pt; margin-top: 5.40pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">This Prospectus Supplement is part of a registration statement filed with the SEC. The Fund is permitted to &#8220;incorporate by </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">reference&#8221; the information filed with the SEC, which means that the Fund can disclose important information to you by </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">referring you to those documents. The information incorporated by reference is considered to be part of this Prospectus </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">Supplement, and later information that the Fund files with the SEC will automatically update and supersede this information.</span></div> <div style="line-height: 12.02pt; margin-top: 10.40pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">The documents listed below, and any reports and other documents subsequently filed with the SEC pursuant to Section 30(b)(2) </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">of the 1940 Act and Sections 13(a), 13(c), 14 or 15(d) of the Exchange Act, prior to the termination of this offering will be </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">incorporated by reference into this Prospectus Supplement and deemed to be part of this Prospectus Supplement from the date </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">of the filing of such reports and documents:</span></div> <div> <div style="clear: both; margin-top: 10.40pt; position: relative; width: 100%;"> <div style="float: left; line-height: 12.02pt; margin-left: 36pt; text-align: left; width: 3.51pt;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">&#8226;</span></div> <div style="float: left; line-height: 12.02pt; margin-left: 20.49pt; text-align: justify; width: 451.00pt;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">the Fund&#8217;s </span><a href="https://www.sec.gov/Archives/edgar/data/1380936/000182126821000409/gug82959.htm"><span style="font-family: times new roman; font-size: 10.02pt; text-decoration: underline;">Statement of Additional Information</span></a><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">, dated September 20, 2021, filed with the SEC with the </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">accompanying Prospectus on September 20, 2021;</span></div> </div> <div style="clear: both; position: relative;"></div> </div> <div> <div style="clear: both; margin-top: 10.40pt; position: relative; width: 100%;"> <div style="float: left; line-height: 12.02pt; margin-left: 36pt; text-align: left; width: 3.51pt;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">&#8226;</span></div> <div style="float: left; line-height: 12.02pt; margin-left: 20.49pt; text-align: justify; width: 451.00pt;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">the Fund&#8217;s </span><a href="https://www.sec.gov/ix?doc=/Archives/edgar/data/0001380936/000182126822000335/gug84951.htm"><span style="font-family: times new roman; font-size: 10.02pt;">Annual Report</span></a><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"> on Form N-CSR for the fiscal year ended May 31, 2022, filed with the SEC on </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">November&#160;23, 2022;</span></div> </div> <div style="clear: both; position: relative;"></div> </div> <div> <div style="clear: both; margin-top: 10.40pt; position: relative; width: 100%;"> <div style="float: left; line-height: 12.02pt; margin-left: 36pt; text-align: left; width: 3.51pt;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">&#8226;</span></div> <div style="float: left; line-height: 12.02pt; margin-left: 20.49pt; text-align: justify; width: 451.00pt;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">the Fund&#8217;s </span><a href="https://www.sec.gov/ix?doc=/Archives/edgar/data/0001380936/000182126823000042/gug84965gof.htm"><span style="font-family: times new roman; font-size: 10.02pt;">Semi-Annual Report</span></a><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"> on Form N-CSR for the six months ended November&#160;30, 2022, filed with the SEC </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">on February 3, 2023; and</span></div> </div> <div style="clear: both; position: relative;"></div> </div> <div> <div style="clear: both; margin-top: 10.40pt; position: relative; width: 100%;"> <div style="float: left; line-height: 12.02pt; margin-left: 36pt; text-align: left; width: 3.51pt;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">&#8226;</span></div> <div style="float: left; line-height: 12.02pt; margin-left: 20.49pt; text-align: left; width: 451.00pt;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">the Fund&#8217;s </span><a href="https://www.sec.gov/Archives/edgar/data/1380936/000134100407001955/chi551212.htm"><span style="font-family: times new roman; font-size: 10.02pt; text-decoration: underline;">description of the Common Shares</span></a><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"> on Form 8-A, filed with the SEC on June&#160;27, 2007.</span></div> </div> <div style="clear: both; position: relative;"></div> </div> <div style="line-height: 12.02pt; margin-top: 10.39pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">You may request a free copy of the information incorporated by reference into this Prospectus Supplement by calling </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">(800) 345-7999</span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"> or by writing to the Investment Adviser at Guggenheim Funds Investment Advisors, LLC, 227 West Monroe </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">Street, Chicago, Illinois 60606, or you may obtain a copy (and other information regarding the Fund) from the SEC&#8217;s web site </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">(http://www.sec.gov)</span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">. Free copies of the Fund&#8217;s reports will also be available from the Fund&#8217;s web site at </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">www.guggenheiminvestments.com/gof</span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">. The information contained in, or that can be accessed through, the Fund&#8217;s website is not </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">part of this Prospectus Supplement, the Prospectus or the SAI.</span></div> <div style="line-height: 22.02pt; margin-top: 7.30pt; text-align: center;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-weight: bold; margin-left: 0%; text-transform: uppercase;">ADDITIONAL INFORMATION</span></div> <div style="line-height: 12.02pt; margin-top: 5.30pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">This Prospectus Supplement and the accompanying Prospectus constitute part of a Registration Statement filed by the Fund with </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">the SEC under the 1933 Act and the 1940 Act. This Prospectus Supplement and the accompanying Prospectus omit certain of </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">the information contained in the Registration Statement, and reference is hereby made to the Registration Statement and related </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">exhibits for further information with respect to the Fund and the Common Shares offered hereby. Any statements contained </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">herein concerning the provisions of any document are not necessarily complete, and, in each instance, reference is made to the </span></div> </div> <div style="clear: both;"></div> <div style="float: left; margin-left: 39pt; margin-top: 12pt; width: 516pt; min-height: 12pt;"> <div style="line-height: 10.02pt; text-align: center;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; line-height: 10.02pt; margin-left: 0%;">6</span></div> </div> </div> </div> <div style="float: left; margin-bottom: 5.0pt; width: 100%;"></div> <hr style="clear: both; margin: 40.0pt 0.25pt 0.25pt 0.25pt;" /></div> <div> <div><a id="xx_ca227db6-4709-43b9-a680-2a72f7abff8d_7"></a> <div style="page-break-after: always; position: relative;"> <div style="clear: both;"></div> <div style="float: left; margin-left: 39pt; margin-top: 36pt; width: 516pt; min-height: 696pt;"> <div style="line-height: 12.02pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">copy of such document filed as an exhibit to the Registration Statement or otherwise filed with the SEC. Each such statement is </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">qualified in its entirety by such reference. The complete Registration Statement may be obtained from the SEC upon payment of </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">the fee prescribed by its rules and regulations or free of charge through the SEC&#8217;s web site (http://www.sec.gov).</span></div> <div style="line-height: 12.02pt; margin-top: 10.00pt; text-align: left;"></div> </div> <div style="clear: both;"></div> <div style="float: left; margin-left: 39pt; margin-top: 12pt; width: 516pt; min-height: 12pt;"> <div style="line-height: 10.02pt; text-align: center;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; line-height: 10.02pt; margin-left: 0%;">7</span></div> </div> </div> </div> <div style="float: left; margin-bottom: 5.0pt; width: 100%;"></div> <hr style="clear: both; margin: 40.0pt 0.25pt 0.25pt 0.25pt;" /></div> <div style="margin-top: 1em; margin-bottom: 0em; page-break-before: always;"></div> <hr style="color: #999999; height: 3px; width: 100%;" /> <div> <div><a id="xx_7d703496-71fe-47e0-8e87-e564d5246c48_1"></a> <div style="page-break-after: always; position: relative;"> <div style="clear: both;"></div> <div style="float: left; margin-left: 39pt; margin-top: 36pt; width: 516pt; min-height: 696pt;"> <div style="line-height: 12.02pt; margin-top: 10pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-weight: bold;">PROSPECTUS</span></div> <div style="margin-top: 8.30pt; text-align: center;">
<img src="g457076g2guggenheim_logo2.jpg" style="height: 26pt; width: 220pt;" alt=" " /><span style="color: #000000; float: left; font-family: times new roman; font-size: 10.02pt; line-height: 1pt;">&#8201;</span></div> <div style="line-height: 18.04pt; text-align: center;"><span style="color: #000000; font-family: times new roman; font-size: 16.04pt; font-weight: bold; margin-left: 0%;">Guggenheim Strategic Opportunities Fund</span></div> <div style="line-height: 12.02pt; margin-top: 8.30pt; text-align: center;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-weight: bold; margin-left: 0%;">$700,000,000</span></div> <div style="line-height: 12.02pt; margin-top: 8.30pt; text-align: center;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-weight: bold; margin-left: 0%;">Common Shares</span></div> <div style="line-height: 13.02pt; margin-top: 7.30pt; text-align: center;"><hr style="background-color: #000000; height: 1pt; margin-bottom: 2pt; margin-top: 7.0pt; width: 48pt;" /></div> <div style="line-height: 11.02pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-style: italic; margin-left: 29pt;">Investment Objective and Philosophy</span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">. Guggenheim Strategic Opportunities Fund (the &#8220;Fund&#8221;) is a diversified, closed-end</span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"> management investment company. The Fund&#8217;s investment objective is to maximize total return through a combination of </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">current income and capital appreciation. The Fund will pursue a relative value-based investment philosophy, which utilizes </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">quantitative and qualitative analysis to seek to identify securities or spreads between securities that deviate from their perceived </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">fair value and/or historical norms. The Fund&#8217;s sub- adviser seeks to combine a credit-managed fixed-income portfolio with </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">access to a diversified pool of alternative investments and equity strategies. The Fund&#8217;s investment philosophy is predicated </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">upon the belief that thorough research and independent thought are rewarded with performance that has the potential to </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">outperform benchmark indexes with both lower volatility and lower correlation of returns as compared to such benchmark </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">indexes. The Fund cannot ensure investors that it will achieve its investment objective.</span></div> <div style="line-height: 11.02pt; margin-top: 4.30pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-style: italic; margin-left: 29pt;">Investment Portfolio</span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">. The Fund will seek to achieve its investment objective by investing in a wide range of fixed-income </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">and other debt and senior equity securities (&#8220;Income Securities&#8221;) selected from a variety of sectors and credit qualities, </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">including, but not limited to, corporate bonds, loans and loan participations, structured finance investments, U.S. government </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">and agency securities, mezzanine and preferred securities and convertible securities, and in common stocks, limited liability </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">company interests, trust certificates and other equity investments (&#8220;Common Equity Securities&#8221;) that the Fund&#8217;s sub-adviser </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">believes offer attractive yield and/or capital appreciation potential, including employing a strategy of writing (selling) covered </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">call and put options on such equities.</span></div> <div style="line-height: 11.02pt; margin-top: 4.30pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-style: italic; margin-left: 29pt;">Offering</span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">. The Fund may offer, from time to time, up to $700,000,000 aggregate initial offering price of common shares </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">of beneficial interest, par value $0.01 per share (&#8220;Common Shares&#8221;), in one or more offerings in amounts, at prices and on terms </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">set forth in one or more supplements to this Prospectus (each a &#8220;Prospectus Supplement&#8221;). You should read this Prospectus and </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">any related Prospectus Supplement carefully before you decide to invest in the Common Shares.</span></div> <div style="line-height: 11.02pt; margin-top: 4.30pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;">The Fund may offer Common Shares (1) directly to one or more purchasers, (2) through agents that the Fund may </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">designate from time to time or (3) to or through underwriters or dealers. The Prospectus Supplement relating to a particular </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">offering of Common Shares will identify any agents or underwriters involved in the sale of Common Shares, and will set forth </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">any applicable purchase price, fee, commission or discount arrangement between the Fund and agents or underwriters or among </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">underwriters or the basis upon which such amount may be calculated. The Fund may not sell Common Shares through agents, </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">underwriters or dealers without delivery of this Prospectus and a Prospectus Supplement. See &#8220;Plan of Distribution.&#8221;</span></div> <div style="line-height: 12.02pt; margin-top: 7.30pt; text-align: center;"><hr style="background-color: #000000; height: 1pt; margin-bottom: 1pt; margin-top: 7.0pt; width: 48pt;" /></div> <div style="line-height: 11.02pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-weight: bold; margin-left: 29pt;">Investing in the Fund&#8217;s Common Shares involves certain risks. See &#8220;Risks&#8221; on page 67 of this Prospectus.</span></div> <div style="line-height: 11.02pt; margin-top: 4.30pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-weight: bold; margin-left: 29pt;">Neither the Securities and Exchange Commission nor any state securities commission has approved or </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-weight: bold;">disapproved of these securities or determined if this Prospectus is truthful or complete. Any representation to the </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-weight: bold;">contrary is a criminal offense.</span></div> <div style="line-height: 12.02pt; margin-top: 7.30pt; text-align: center;"><hr style="background-color: #000000; height: 1pt; margin-bottom: 1pt; margin-top: 7.0pt; width: 48pt;" /></div> <div style="line-height: 12.02pt; text-align: center;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0%;">Prospectus dated September 20, 2021</span></div> </div> </div> </div> <div style="float: left; margin-bottom: 5.0pt; width: 100%;"></div> <hr style="clear: both; margin: 40.0pt 0.25pt 0.25pt 0.25pt;" /></div> <div> <div><a id="xx_7d703496-71fe-47e0-8e87-e564d5246c48_2"></a> <div style="page-break-after: always; position: relative;"> <div style="clear: both;"></div> <div style="float: left; margin-left: 39pt; margin-top: 36pt; width: 516pt; min-height: 696pt;"> <div style="line-height: 11.02pt; margin-top: 4pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-style: italic; margin-left: 29pt;">Investment Adviser and Sub-Adviser</span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">. Guggenheim Funds Investment Advisors, LLC (the &#8220;Investment Adviser&#8221;) serves as </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">the Fund&#8217;s investment adviser and is responsible for the management of the Fund. Guggenheim Partners Investment </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">Management, LLC (the &#8220;Sub- Adviser&#8221;) will be responsible for the management of the Fund&#8217;s portfolio of securities. Each of </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">the Investment Adviser and the Sub-Adviser is a wholly-owned subsidiary of Guggenheim Partners, LLC (&#8220;Guggenheim </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">Partners&#8221;). Guggenheim Partners is a diversified financial services firm with wealth management, capital markets, investment </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">management and proprietary investing businesses, whose clients are a mix of individuals, family offices, endowments, </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">foundation insurance companies and other institutions that have entrusted Guggenheim Partners with the supervision of more </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">than $325&#160;billion of assets as of June&#160;30, 2021. Guggenheim Partners is headquartered in Chicago and New York with a global </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">network of offices throughout the United States, Europe, and Asia. The Investment Adviser and the Sub-Adviser are referred to </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">herein collectively as the &#8220;Adviser.&#8221;</span></div> <div style="line-height: 11.02pt; margin-top: 4.30pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-style: italic; margin-left: 29pt;">Investment Parameters</span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">. The Fund may allocate its assets among a wide variety of Income Securities and Common Equity </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">Securities. The Fund may invest without limitation in below-investment grade securities (e.g., securities rated below Baa3 by </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">Moody&#8217;s Investors Service, Inc., below BBB- by Standard &#38; Poor&#8217;s Ratings Group or Fitch Ratings or comparably rated by </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">another nationally recognized statistical rating organization or, if unrated, determined by the Sub-Adviser to be of comparable </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">quality). Below investment grade securities are commonly referred to as &#8220;high-yield&#8221; or &#8220;junk&#8221; bonds and are considered </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">speculative with respect to the issuer&#8217;s capacity to pay interest and repay principal. The Fund&#8217;s investments in any of the sectors </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">and types of Income Securities in which the Fund may invest may include, without limitation, below-investment grade securities. </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">Under normal market conditions, the Fund will not invest more than: 50% of its total assets in Common Equity Securities </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">consisting of common stock; 30% of its total assets in other investment companies, including registered investment companies, </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">private investment funds and/or other pooled investment vehicles; 20% of its total assets in non-U.S. dollar-denominated Income </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">Securities; and 10% of its total assets in Income Securities of issuers in emerging markets.</span></div> <div style="line-height: 11.02pt; margin-top: 4.30pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;">Common Shares. The Fund&#8217;s currently outstanding Common Shares are, and the Common Shares offered in this </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">Prospectus will be, listed on the New York Stock Exchange (the &#8220;NYSE&#8221;) under the symbol &#8220;GOF.&#8221; The net asset value of the </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">Common Shares at the close of business on September&#160;7, 2021 was $17.10 per share and the last sale price of the Common </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">Shares on the NYSE on such date was $21.34, representing a premium to net asset value of 24.80%. See &#8220;Market and Net Asset </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">Value Information.&#8221;</span></div> <div style="line-height: 11.02pt; margin-top: 4.30pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;">Financial Leverage. The Fund may seek to enhance the level of its current distributions by utilizing financial leverage </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">through the issuance of preferred shares (&#8220;Preferred Shares&#8221;), through borrowing or the issuance of commercial paper or other </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">forms of debt (&#8220;Borrowings&#8221;), through reverse repurchase agreements, dollar rolls or similar transactions or through a </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">combination of the foregoing (&#8220;leveraged transactions&#8221; and collectively &#8220;Financial Leverage&#8221;). The Fund may utilize Financial </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">Leverage up to the limits imposed by the Investment Company Act of 1940, as amended; however, the aggregate amount of </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">Financial Leverage is not currently expected to exceed 33</span><span style="color: #000000; font-family: times new roman; font-size: 6.01pt; position: relative; top: -2.67pt;">&#8202;1</span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">&#8725;</span><span style="color: #000000; font-family: times new roman; font-size: 6.01pt;">3</span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">% of the Fund&#8217;s Managed Assets (as defined herein) after such </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">issuance and/or borrowing. As of May&#160;31, 2021, outstanding Borrowings under the Fund&#8217;s committed facility agreement were </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">$38.5&#160;million, which represented approximately 3.1% of the Fund&#8217;s Managed Assets as of such date. In addition, as of May&#160;31, </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">2021, the Fund had reverse repurchase agreements outstanding representing Financial Leverage equal to approximately 26.8% </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">of the Fund&#8217;s Managed Assets. As of May&#160;31, 2021, the Fund&#8217;s total Financial Leverage represented approximately 29.9% of the </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">Fund&#8217;s Managed Assets.</span></div> <div style="line-height: 11.02pt; margin-top: 4.30pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;">The Fund&#8217;s total Financial Leverage may vary significantly over time based on the Sub-Adviser&#8217;s assessment of market </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">and economic conditions, available investment opportunities and cost of Financial Leverage. The Fund has at times used </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">significantly greater levels of Financial Leverage than on May&#160;31, 2021, including at times using Financial Leverage to the </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">maximum extent permitted under the 1940 Act and the parameters set forth herein. The Fund may in the future increase </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">Financial Leverage up to the parameters set forth herein. The Fund maintains a committed facility agreement with BNP Paribas </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">Prime Brokerage International, Ltd. pursuant to which the Fund may borrow up to $80&#160;million (this amount will increase to the </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">greater of $750&#160;million or 50% of the Net Asset Value of the Fund at the closing of the mergers of Guggenheim Enhanced </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">Equity Income Fund and Guggenheim Credit Allocation Fund into the Fund). On May&#160;31, 2021, the Fund had $38.5&#160;million in </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">outstanding Borrowings under the Fund&#8217;s committed facility agreement. Although the use of Financial Leverage by the Fund </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">may create an opportunity for increased total return for the Common Shares, it also results in additional risks and can magnify </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">the effect of any losses. Financial Leverage involves risks and special considerations for shareholders, including the likelihood </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">of greater volatility of net asset value and market price of and dividends on the Common Shares. To the extent the Fund </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">increases its amount of Financial Leverage outstanding, it will be more exposed to these risks. The cost of Financial Leverage, </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">including the portion of the investment advisory fee attributable to the assets purchased with the proceeds of Financial Leverage, </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">is borne by Common Shareholders. To the extent the Fund increases its amount of Financial Leverage outstanding, the Fund&#8217;s </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">annual expenses as a percentage of net assets attributable to Common Shares will increase. See &#8220;Use of Financial Leverage.&#8221;</span></div> </div> <div style="clear: both;"></div> <div style="float: left; margin-left: 39pt; margin-top: 12pt; width: 516pt; min-height: 12pt;"> <div style="line-height: 10.02pt; text-align: center;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; line-height: 10.02pt; margin-left: 0%;">ii</span></div> </div> </div> </div> <div style="float: left; margin-bottom: 5.0pt; width: 100%;"></div> <hr style="clear: both; margin: 40.0pt 0.25pt 0.25pt 0.25pt;" /></div> <div> <div><a id="xx_7d703496-71fe-47e0-8e87-e564d5246c48_3"></a> <div style="page-break-after: always; position: relative;"> <div style="clear: both;"></div> <div style="float: left; margin-left: 39pt; margin-top: 36pt; width: 516pt; min-height: 696pt;"> <div style="line-height: 11.02pt; margin-top: 4pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;">You should read this Prospectus, which contains important information about the Fund, together with any Prospectus </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">Supplement, before deciding whether to invest, and retain it for future reference. A Statement of Additional Information </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">(File&#160;No.&#160;811-21982), dated September 20, 2021, containing additional information about the Fund, has been filed with the </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">Securities and Exchange Commission (the &#8220;SEC&#8221;) and is incorporated by reference in its entirety into this Prospectus. The SEC </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">maintains an internet site that contains reports, proxy and information statements, and other information regarding issuers that </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">file electronically with the SEC (http://www.sec.gov). You may request a free copy of the Statement of Additional Information </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">by calling (800)&#160;345-7999 or by writing to the Investment Adviser at Guggenheim Funds Investment Advisors, LLC, </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">227&#160;West&#160;Monroe Street, Chicago, Illinois 60606, or you may obtain a copy (and other information regarding the Fund) from the </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">SEC&#8217;s web site (http://www.sec.gov). Free copies of the Fund&#8217;s reports and its Statement of Additional Information will also be </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">available from the Fund&#8217;s web site at www.guggenheiminvestments.com/gof. The information contained in, or that can be </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">accessed through, the Fund&#8217;s website is not part of this Prospectus.</span></div> <div style="line-height: 11.02pt; margin-top: 4.30pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;">The Fund&#8217;s Common Shares do not represent a deposit or obligation of, and are not guaranteed or endorsed by, any bank </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">or other insured depository institution and are not federally insured by the Federal Deposit Insurance Corporation, the Federal </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">Reserve Board or any other government agency. Investors could lose money by investing in the Fund.</span></div> <div style="line-height: 12.02pt; margin-top: 7.79pt; text-align: center;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-weight: bold; margin-left: 0%;">*</span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-weight: bold; line-height: 12.02pt;">&#8195;</span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-weight: bold;">*</span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-weight: bold; line-height: 12.02pt;">&#8195;</span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-weight: bold;">*</span></div> </div> <div style="clear: both;"></div> <div style="float: left; margin-left: 39pt; margin-top: 12pt; width: 516pt; min-height: 12pt;"> <div style="line-height: 10.02pt; text-align: center;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; line-height: 10.02pt; margin-left: 0%;">iii</span></div> </div> </div> </div> <div style="float: left; margin-bottom: 5.0pt; width: 100%;"></div> <hr style="clear: both; margin: 40.0pt 0.25pt 0.25pt 0.25pt;" /></div> <div> <div><a id="xx_456f3a63-660a-4cb5-b77d-d755860939d0_toc_supplement_1"></a> <div style="page-break-after: always; position: relative;"> <div style="clear: both;"></div> <div style="float: left; margin-left: 39pt; margin-top: 36pt; width: 516pt; min-height: 696pt;"> <div style="line-height: 12.02pt; margin-top: 7pt; text-align: left;"><span style="color: #000000; float: left; font-family: times new roman; font-size: 9.9pt; font-weight: bold;">You should rely only on the information contained or incorporated by reference in this Prospectus and any accompanying </span><span style="color: #000000; float: left; font-family: times new roman; font-size: 9.9pt; font-weight: bold;">Prospectus Supplement. The Fund has not authorized anyone to provide you with different information. The Fund is not </span><span style="color: #000000; float: left; font-family: times new roman; font-size: 9.9pt; font-weight: bold;">making an offer of these securities in any state where the offer is not permitted.</span> <br /> <div style="clear: both; line-height: 12pt; margin-top: 12pt; text-align: center;"><br /><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-weight: bold;">TABLE OF CONTENTS</span></div> <span style="color: #000000; float: left; font-family: times new roman; font-size: 1pt; font-weight: bold; line-height: 1pt;">&#8195;</span></div> <div style="line-height: 1.0pt; margin-top: 11.00pt; text-align: left;"></div> <div style="margin-top: 0.0pt;">
<table style="empty-cells: show; width: 516pt;" cellpadding="0" cellspacing="0">
<tr style="height: 13.35pt;">
<td style="padding-bottom: 5.35pt; padding-top: 5.35pt; vertical-align: Bottom; width: 482pt;"> <div style="line-height: 0.5pt; text-align: left;"> <div style="margin-left: 3pt; margin-right: 12pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 8pt; font-weight: bold;">&#160;</span></div> </div> </td>
<td style="padding-bottom: 1.35pt; padding-top: 1.35pt; vertical-align: Bottom; width: 34pt;"> <div style="line-height: 10.0pt; text-align: left;"> <div style="margin-left: 12pt; margin-right: 6pt; text-align: center; white-space: nowrap;"><span style="border-bottom: 0.5pt groove #000000; color: #000000; font-family: times new roman; font-size: 8pt; font-weight: bold;">Page</span></div> </div> </td> </tr>
<tr style="height: 16.35pt;">
<td style="background-color: #adfffc; padding-bottom: 4pt; padding-top: 5.35pt; vertical-align: Bottom; width: 482pt;"> <div style="line-height: 11.02pt; text-align: left;"> <div style="margin-left: 3pt; margin-right: 12pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;"><a href="#xx_4afe4159-96c7-4c11-87a9-46b0c559bfad_1">PROSPECTUS SUMMARY</a></span></div> </div> </td>
<td style="background-color: #adfffc; padding-bottom: 4pt; padding-top: 5.35pt; vertical-align: Bottom; width: 34pt;"> <div style="line-height: 11.02pt; text-align: left;"> <div style="margin-left: 12pt; margin-right: 6pt; text-align: right; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.00pt;">1</span></div> </div> </td> </tr>
<tr style="height: 15pt;">
<td style="padding-bottom: 4pt; padding-top: 4pt; vertical-align: Bottom; width: 482pt;"> <div style="line-height: 11.02pt; text-align: left;"> <div style="margin-left: 3pt; margin-right: 12pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;"><a href="#xx_81c632a9-102f-4e5b-bf62-5c666bb6d9db_1">SUMMARY OF FUND EXPENSES</a></span></div> </div> </td>
<td style="padding-bottom: 4pt; padding-top: 4pt; vertical-align: Bottom; width: 34pt;"> <div style="line-height: 11.02pt; text-align: left;"> <div style="margin-left: 12pt; margin-right: 6pt; text-align: right; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">41</span></div> </div> </td> </tr>
<tr style="height: 15pt;">
<td style="background-color: #adfffc; padding-bottom: 4pt; padding-top: 4pt; vertical-align: Bottom; width: 482pt;"> <div style="line-height: 11.02pt; text-align: left;"> <div style="margin-left: 3pt; margin-right: 12pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;"><a href="#xx_ad591977-9f65-49cb-bcec-78f8fd5537d7_1">FINANCIAL HIGHLIGHTS</a></span></div> </div> </td>
<td style="background-color: #adfffc; padding-bottom: 4pt; padding-top: 4pt; vertical-align: Bottom; width: 34pt;"> <div style="line-height: 11.02pt; text-align: left;"> <div style="margin-left: 12pt; margin-right: 6pt; text-align: right; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.00pt;">43</span></div> </div> </td> </tr>
<tr style="height: 15pt;">
<td style="padding-bottom: 4pt; padding-top: 4pt; vertical-align: Bottom; width: 482pt;"> <div style="line-height: 11.02pt; text-align: left;"> <div style="margin-left: 3pt; margin-right: 12pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;"><a href="#xx_9273d359-a297-4eaa-b9c0-54124d148ac6_1">SENIOR SECURITIES AND OTHER FINANCIAL LEVERAGE</a></span></div> </div> </td>
<td style="padding-bottom: 4pt; padding-top: 4pt; vertical-align: Bottom; width: 34pt;"> <div style="line-height: 11.02pt; text-align: left;"> <div style="margin-left: 12pt; margin-right: 6pt; text-align: right; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">45</span></div> </div> </td> </tr>
<tr style="height: 15pt;">
<td style="background-color: #adfffc; padding-bottom: 4pt; padding-top: 4pt; vertical-align: Bottom; width: 482pt;"> <div style="line-height: 11.02pt; text-align: left;"> <div style="margin-left: 3pt; margin-right: 12pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;"><a href="#xx_6f541e02-145b-4442-80b8-adf4d990b3c8_1">THE FUND</a></span></div> </div> </td>
<td style="background-color: #adfffc; padding-bottom: 4pt; padding-top: 4pt; vertical-align: Bottom; width: 34pt;"> <div style="line-height: 11.02pt; text-align: left;"> <div style="margin-left: 12pt; margin-right: 6pt; text-align: right; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.00pt;">46</span></div> </div> </td> </tr>
<tr style="height: 15pt;">
<td style="padding-bottom: 4pt; padding-top: 4pt; vertical-align: Bottom; width: 482pt;"> <div style="line-height: 11.02pt; text-align: left;"> <div style="margin-left: 3pt; margin-right: 12pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;"><a href="#xx_6f541e02-145b-4442-80b8-adf4d990b3c8_1">USE OF PROCEEDS</a></span></div> </div> </td>
<td style="padding-bottom: 4pt; padding-top: 4pt; vertical-align: Bottom; width: 34pt;"> <div style="line-height: 11.02pt; text-align: left;"> <div style="margin-left: 12pt; margin-right: 6pt; text-align: right; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">46</span></div> </div> </td> </tr>
<tr style="height: 15pt;">
<td style="background-color: #adfffc; padding-bottom: 4pt; padding-top: 4pt; vertical-align: Bottom; width: 482pt;"> <div style="line-height: 11.02pt; text-align: left;"> <div style="margin-left: 3pt; margin-right: 12pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;"><a href="#xx_6f541e02-145b-4442-80b8-adf4d990b3c8_1">MARKET AND NET ASSET VALUE INFORMATION</a></span></div> </div> </td>
<td style="background-color: #adfffc; padding-bottom: 4pt; padding-top: 4pt; vertical-align: Bottom; width: 34pt;"> <div style="line-height: 11.02pt; text-align: left;"> <div style="margin-left: 12pt; margin-right: 6pt; text-align: right; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.00pt;">46</span></div> </div> </td> </tr>
<tr style="height: 15pt;">
<td style="padding-bottom: 4pt; padding-top: 4pt; vertical-align: Bottom; width: 482pt;"> <div style="line-height: 11.02pt; text-align: left;"> <div style="margin-left: 3pt; margin-right: 12pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;"><a href="#xx_6f541e02-145b-4442-80b8-adf4d990b3c8_2">INVESTMENT OBJECTIVE AND POLICIES</a></span></div> </div> </td>
<td style="padding-bottom: 4pt; padding-top: 4pt; vertical-align: Bottom; width: 34pt;"> <div style="line-height: 11.02pt; text-align: left;"> <div style="margin-left: 12pt; margin-right: 6pt; text-align: right; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">47</span></div> </div> </td> </tr>
<tr style="height: 15pt;">
<td style="background-color: #adfffc; padding-bottom: 4pt; padding-top: 4pt; vertical-align: Bottom; width: 482pt;"> <div style="line-height: 11.02pt; text-align: left;"> <div style="margin-left: 3pt; margin-right: 12pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;"><a href="#xx_6f541e02-145b-4442-80b8-adf4d990b3c8_4">THE FUND&#8217;S INVESTMENTS</a></span></div> </div> </td>
<td style="background-color: #adfffc; padding-bottom: 4pt; padding-top: 4pt; vertical-align: Bottom; width: 34pt;"> <div style="line-height: 11.02pt; text-align: left;"> <div style="margin-left: 12pt; margin-right: 6pt; text-align: right; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.00pt;">49</span></div> </div> </td> </tr>
<tr style="height: 15pt;">
<td style="padding-bottom: 4pt; padding-top: 4pt; vertical-align: Bottom; width: 482pt;"> <div style="line-height: 11.02pt; text-align: left;"> <div style="margin-left: 3pt; margin-right: 12pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;"><a href="#xx_6f541e02-145b-4442-80b8-adf4d990b3c8_15">USE OF FINANCIAL LEVERAGE</a></span></div> </div> </td>
<td style="padding-bottom: 4pt; padding-top: 4pt; vertical-align: Bottom; width: 34pt;"> <div style="line-height: 11.02pt; text-align: left;"> <div style="margin-left: 12pt; margin-right: 6pt; text-align: right; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">60</span></div> </div> </td> </tr>
<tr style="height: 15pt;">
<td style="background-color: #adfffc; padding-bottom: 4pt; padding-top: 4pt; vertical-align: Bottom; width: 482pt;"> <div style="line-height: 11.02pt; text-align: left;"> <div style="margin-left: 3pt; margin-right: 12pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;"><a href="#xx_6f541e02-145b-4442-80b8-adf4d990b3c8_19">RISKS</a></span></div> </div> </td>
<td style="background-color: #adfffc; padding-bottom: 4pt; padding-top: 4pt; vertical-align: Bottom; width: 34pt;"> <div style="line-height: 11.02pt; text-align: left;"> <div style="margin-left: 12pt; margin-right: 6pt; text-align: right; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.00pt;">64</span></div> </div> </td> </tr>
<tr style="height: 15pt;">
<td style="padding-bottom: 4pt; padding-top: 4pt; vertical-align: Bottom; width: 482pt;"> <div style="line-height: 11.02pt; text-align: left;"> <div style="margin-left: 3pt; margin-right: 12pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;"><a href="#xx_6f541e02-145b-4442-80b8-adf4d990b3c8_52">MANAGEMENT OF THE FUND</a></span></div> </div> </td>
<td style="padding-bottom: 4pt; padding-top: 4pt; vertical-align: Bottom; width: 34pt;"> <div style="line-height: 11.02pt; text-align: left;"> <div style="margin-left: 12pt; margin-right: 6pt; text-align: right; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">97</span></div> </div> </td> </tr>
<tr style="height: 15pt;">
<td style="background-color: #adfffc; padding-bottom: 4pt; padding-top: 4pt; vertical-align: Bottom; width: 482pt;"> <div style="line-height: 11.02pt; text-align: left;"> <div style="margin-left: 3pt; margin-right: 12pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;"><a href="#xx_6f541e02-145b-4442-80b8-adf4d990b3c8_54">NET ASSET VALUE</a></span></div> </div> </td>
<td style="background-color: #adfffc; padding-bottom: 4pt; padding-top: 4pt; vertical-align: Bottom; width: 34pt;"> <div style="line-height: 11.02pt; text-align: left;"> <div style="margin-left: 12pt; margin-right: 6pt; text-align: right; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.00pt;">99</span></div> </div> </td> </tr>
<tr style="height: 15pt;">
<td style="padding-bottom: 4pt; padding-top: 4pt; vertical-align: Bottom; width: 482pt;"> <div style="line-height: 11.02pt; text-align: left;"> <div style="margin-left: 3pt; margin-right: 12pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;"><a href="#xx_6f541e02-145b-4442-80b8-adf4d990b3c8_57">DISTRIBUTIONS</a></span></div> </div> </td>
<td style="padding-bottom: 4pt; padding-top: 4pt; vertical-align: Bottom; width: 34pt;"> <div style="line-height: 11.02pt; text-align: left;"> <div style="margin-left: 12pt; margin-right: 6pt; text-align: right; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">102</span></div> </div> </td> </tr>
<tr style="height: 15pt;">
<td style="background-color: #adfffc; padding-bottom: 4pt; padding-top: 4pt; vertical-align: Bottom; width: 482pt;"> <div style="line-height: 11.02pt; text-align: left;"> <div style="margin-left: 3pt; margin-right: 12pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;"><a href="#xx_6f541e02-145b-4442-80b8-adf4d990b3c8_58">DIVIDEND REINVESTMENT PLAN</a></span></div> </div> </td>
<td style="background-color: #adfffc; padding-bottom: 4pt; padding-top: 4pt; vertical-align: Bottom; width: 34pt;"> <div style="line-height: 11.02pt; text-align: left;"> <div style="margin-left: 12pt; margin-right: 6pt; text-align: right; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.00pt;">103</span></div> </div> </td> </tr>
<tr style="height: 15pt;">
<td style="padding-bottom: 4pt; padding-top: 4pt; vertical-align: Bottom; width: 482pt;"> <div style="line-height: 11.02pt; text-align: left;"> <div style="margin-left: 3pt; margin-right: 12pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;"><a href="#xx_6f541e02-145b-4442-80b8-adf4d990b3c8_59">DESCRIPTION OF CAPITAL STRUCTURE</a></span></div> </div> </td>
<td style="padding-bottom: 4pt; padding-top: 4pt; vertical-align: Bottom; width: 34pt;"> <div style="line-height: 11.02pt; text-align: left;"> <div style="margin-left: 12pt; margin-right: 6pt; text-align: right; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">104</span></div> </div> </td> </tr>
<tr style="height: 15pt;">
<td style="background-color: #adfffc; padding-bottom: 4pt; padding-top: 4pt; vertical-align: Bottom; width: 482pt;"> <div style="line-height: 11.02pt; text-align: left;"> <div style="margin-left: 3pt; margin-right: 12pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;"><a href="#xx_6f541e02-145b-4442-80b8-adf4d990b3c8_60">ANTI-TAKEOVER AND OTHER PROVISIONS IN THE FUND&#8217;S GOVERNING DOCUMENTS</a></span></div> </div> </td>
<td style="background-color: #adfffc; padding-bottom: 4pt; padding-top: 4pt; vertical-align: Bottom; width: 34pt;"> <div style="line-height: 11.02pt; text-align: left;"> <div style="margin-left: 12pt; margin-right: 6pt; text-align: right; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.00pt;">105</span></div> </div> </td> </tr>
<tr style="height: 15pt;">
<td style="padding-bottom: 4pt; padding-top: 4pt; vertical-align: Bottom; width: 482pt;"> <div style="line-height: 11.02pt; text-align: left;"> <div style="margin-left: 3pt; margin-right: 12pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;"><a href="#xx_6f541e02-145b-4442-80b8-adf4d990b3c8_61">CLOSED-END FUND STRUCTURE</a></span></div> </div> </td>
<td style="padding-bottom: 4pt; padding-top: 4pt; vertical-align: Bottom; width: 34pt;"> <div style="line-height: 11.02pt; text-align: left;"> <div style="margin-left: 12pt; margin-right: 6pt; text-align: right; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">106</span></div> </div> </td> </tr>
<tr style="height: 15pt;">
<td style="background-color: #adfffc; padding-bottom: 4pt; padding-top: 4pt; vertical-align: Bottom; width: 482pt;"> <div style="line-height: 11.02pt; text-align: left;"> <div style="margin-left: 3pt; margin-right: 12pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;"><a href="#xx_6f541e02-145b-4442-80b8-adf4d990b3c8_62">REPURCHASE OF COMMON SHARES; CONVERSION TO OPEN-END FUND</a></span></div> </div> </td>
<td style="background-color: #adfffc; padding-bottom: 4pt; padding-top: 4pt; vertical-align: Bottom; width: 34pt;"> <div style="line-height: 11.02pt; text-align: left;"> <div style="margin-left: 12pt; margin-right: 6pt; text-align: right; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.00pt;">107</span></div> </div> </td> </tr>
<tr style="height: 15pt;">
<td style="padding-bottom: 4pt; padding-top: 4pt; vertical-align: Bottom; width: 482pt;"> <div style="line-height: 11.02pt; text-align: left;"> <div style="margin-left: 3pt; margin-right: 12pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;"><a href="#xx_6f541e02-145b-4442-80b8-adf4d990b3c8_62">U.S. FEDERAL INCOME TAX CONSIDERATIONS</a></span></div> </div> </td>
<td style="padding-bottom: 4pt; padding-top: 4pt; vertical-align: Bottom; width: 34pt;"> <div style="line-height: 11.02pt; text-align: left;"> <div style="margin-left: 12pt; margin-right: 6pt; text-align: right; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">107</span></div> </div> </td> </tr>
<tr style="height: 15pt;">
<td style="background-color: #adfffc; padding-bottom: 4pt; padding-top: 4pt; vertical-align: Bottom; width: 482pt;"> <div style="line-height: 11.02pt; text-align: left;"> <div style="margin-left: 3pt; margin-right: 12pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;"><a href="#xx_6f541e02-145b-4442-80b8-adf4d990b3c8_65">PLAN OF DISTRIBUTION</a></span></div> </div> </td>
<td style="background-color: #adfffc; padding-bottom: 4pt; padding-top: 4pt; vertical-align: Bottom; width: 34pt;"> <div style="line-height: 11.02pt; text-align: left;"> <div style="margin-left: 12pt; margin-right: 6pt; text-align: right; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.00pt;">110</span></div> </div> </td> </tr>
<tr style="height: 15pt;">
<td style="padding-bottom: 4pt; padding-top: 4pt; vertical-align: Bottom; width: 482pt;"> <div style="line-height: 11.02pt; text-align: left;"> <div style="margin-left: 3pt; margin-right: 12pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;"><a href="#xx_6f541e02-145b-4442-80b8-adf4d990b3c8_67">CUSTODIAN, ADMINISTRATOR, TRANSFER AGENT AND DIVIDEND DISBURSING AGENT</a></span></div> </div> </td>
<td style="padding-bottom: 4pt; padding-top: 4pt; vertical-align: Bottom; width: 34pt;"> <div style="line-height: 11.02pt; text-align: left;"> <div style="margin-left: 12pt; margin-right: 6pt; text-align: right; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">112</span></div> </div> </td> </tr>
<tr style="height: 15pt;">
<td style="background-color: #adfffc; padding-bottom: 4pt; padding-top: 4pt; vertical-align: Bottom; width: 482pt;"> <div style="line-height: 11.02pt; text-align: left;"> <div style="margin-left: 3pt; margin-right: 12pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;"><a href="#xx_6f541e02-145b-4442-80b8-adf4d990b3c8_67">LEGAL MATTERS</a></span></div> </div> </td>
<td style="background-color: #adfffc; padding-bottom: 4pt; padding-top: 4pt; vertical-align: Bottom; width: 34pt;"> <div style="line-height: 11.02pt; text-align: left;"> <div style="margin-left: 12pt; margin-right: 6pt; text-align: right; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.00pt;">112</span></div> </div> </td> </tr>
<tr style="height: 15pt;">
<td style="padding-bottom: 4pt; padding-top: 4pt; vertical-align: Bottom; width: 482pt;"> <div style="line-height: 11.02pt; text-align: left;"> <div style="margin-left: 3pt; margin-right: 12pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;"><a href="#xx_6f541e02-145b-4442-80b8-adf4d990b3c8_67">INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM</a></span></div> </div> </td>
<td style="padding-bottom: 4pt; padding-top: 4pt; vertical-align: Bottom; width: 34pt;"> <div style="line-height: 11.02pt; text-align: left;"> <div style="margin-left: 12pt; margin-right: 6pt; text-align: right; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">112</span></div> </div> </td> </tr>
<tr style="height: 15pt;">
<td style="background-color: #adfffc; padding-bottom: 4pt; padding-top: 4pt; vertical-align: Bottom; width: 482pt;"> <div style="line-height: 11.02pt; text-align: left;"> <div style="margin-left: 3pt; margin-right: 12pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;"><a href="#xx_6f541e02-145b-4442-80b8-adf4d990b3c8_67">ADDITIONAL INFORMATION</a></span></div> </div> </td>
<td style="background-color: #adfffc; padding-bottom: 4pt; padding-top: 4pt; vertical-align: Bottom; width: 34pt;"> <div style="line-height: 11.02pt; text-align: left;"> <div style="margin-left: 12pt; margin-right: 6pt; text-align: right; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.00pt;">112</span></div> </div> </td> </tr>
<tr style="height: 15pt;">
<td style="padding-bottom: 4pt; padding-top: 4pt; vertical-align: Bottom; width: 482pt;"> <div style="line-height: 11.02pt; text-align: left;"> <div style="margin-left: 3pt; margin-right: 12pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;"><a href="#xx_6f541e02-145b-4442-80b8-adf4d990b3c8_67">PRIVACY PRINCIPLES OF THE FUND</a></span></div> </div> </td>
<td style="padding-bottom: 4pt; padding-top: 4pt; vertical-align: Bottom; width: 34pt;"> <div style="line-height: 11.02pt; text-align: left;"> <div style="margin-left: 12pt; margin-right: 6pt; text-align: right; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">112</span></div> </div> </td> </tr>
<tr style="height: 15pt;">
<td style="background-color: #adfffc; padding-bottom: 4pt; padding-top: 4pt; vertical-align: Bottom; width: 482pt;"> <div style="line-height: 11.02pt; text-align: left;"> <div style="margin-left: 3pt; margin-right: 12pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;"><a href="#xx_6f541e02-145b-4442-80b8-adf4d990b3c8_68">INCORPORATION BY REFERENCE</a></span></div> </div> </td>
<td style="background-color: #adfffc; padding-bottom: 4pt; padding-top: 4pt; vertical-align: Bottom; width: 34pt;"> <div style="line-height: 11.02pt; text-align: left;"> <div style="margin-left: 12pt; margin-right: 6pt; text-align: right; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.00pt;">113</span></div> </div> </td> </tr>
<tr style="height: 11pt;">
<td style="padding-bottom: 1.5pt; padding-top: 4pt; vertical-align: Bottom; width: 482pt;"> <div style="line-height: 11.02pt; text-align: left;"> <div style="margin-left: 3pt; margin-right: 12pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;"><a href="#xx_6f541e02-145b-4442-80b8-adf4d990b3c8_68">SUPPLEMENTAL SUMMARY OF FUND EXPENSES</a></span></div> </div> </td>
<td style="padding-bottom: 1.5pt; padding-top: 4pt; vertical-align: Bottom; width: 34pt;"> <div style="line-height: 11.02pt; text-align: left;"> <div style="margin-left: 12pt; margin-right: 6pt; text-align: right; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">113</span></div> </div> </td> </tr> </table> </div> <div style="line-height: 12.02pt; margin-top: 19.00pt; text-align: center;"><hr style="background-color: #000000; height: 1pt; margin-bottom: 1pt; margin-top: 19.0pt; width: 48pt;" /></div> <div style="line-height: 12.02pt; margin-top: 3.50pt; text-align: center;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-weight: bold; margin-left: 0%;">FORWARD-LOOKING STATEMENTS</span></div> <div style="line-height: 12.02pt; margin-top: 10.00pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">This Prospectus contains or incorporates by reference forward-looking statements, within the meaning of the federal securities </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">laws, that involve risks and uncertainties. These statements describe the Fund&#8217;s plans, strategies, and goals and the Fund&#8217;s beliefs </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">and assumptions concerning future economic and other conditions and the outlook for the Fund, based on currently available </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">information. In this Prospectus, words such as &#8220;anticipates,&#8221; &#8220;believes,&#8221; &#8220;expects,&#8221; &#8220;objectives,&#8221; &#8220;goals,&#8221; &#8220;future,&#8221; &#8220;intends,&#8221; </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">&#8220;seeks,&#8221; &#8220;will,&#8221; &#8220;may,&#8221; &#8220;could,&#8221; &#8220;should,&#8221; and similar expressions are used in an effort to identify forward-looking statements, </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">although some forward-looking statements may be expressed differently. The Fund is not entitled to the safe harbor for forward-looking</span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"> statements pursuant to Section 27A of the Securities Act of 1933, as amended.</span></div> </div> <div style="clear: both;"></div> <div style="float: left; margin-left: 39pt; margin-top: 12pt; width: 516pt; min-height: 12pt;"> <div style="line-height: 10.02pt; text-align: center;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; line-height: 10.02pt; margin-left: 0%;">iv</span></div> </div> </div> </div> <div style="float: left; margin-bottom: 5.0pt; width: 100%;"></div> <hr style="clear: both; margin: 40.0pt 0.25pt 0.25pt 0.25pt;" /></div> <div> <div><a id="xx_4afe4159-96c7-4c11-87a9-46b0c559bfad_1"></a> <div style="page-break-after: always; position: relative;"> <div style="clear: both;"></div> <div style="float: left; margin-left: 39pt; margin-top: 36pt; width: 516pt; min-height: 696pt;"> <div style="line-height: 22.02pt; margin-top: 12pt; text-align: center;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-weight: bold; margin-left: 0%; text-transform: uppercase;">PROSPECTUS SUMMARY</span></div> <div style="line-height: 12.02pt; margin-top: 5.30pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-style: italic; margin-left: 29pt;">This is only a summary of information contained elsewhere in this Prospectus. This summary does not contain all of the </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-style: italic;">information that you should consider before investing in the Common Shares. You should carefully read the more detailed </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-style: italic;">information contained elsewhere in this Prospectus and any related Prospectus Supplement prior to making an investment in the </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-style: italic;">Fund, especially the information set forth under the headings &#8220;Investment Objective and Policies&#8221; and &#8220;Risks.&#8221; You may also </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-style: italic;">wish to request a copy of the Fund&#8217;s Statement of Additional Information, dated September 20, 2021 (the &#8220;SAI&#8221;), which contains </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-style: italic;">additional information about the Fund.</span><span style="color: #000000; font-family: times new roman; font-size: 1pt; line-height: 1pt;">&#8195;</span></div> <div style="margin-top: 0.0pt;">
<table style="empty-cells: show; width: 516pt;" cellpadding="0" cellspacing="0">
<tr style="height: 72.1pt;">
<td style="background-color: #ffffff; padding-bottom: 7pt; padding-top: 7pt; vertical-align: Top; width: 131.5pt;"> <div style="line-height: 11.02pt; text-align: left;"> <div style="margin-right: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-weight: bold; margin-left: 0.0pt;">The Fund</span></div> </div> </td>
<td style="background-color: #ffffff; padding-bottom: 7pt; padding-top: 7pt; vertical-align: Top; width: 384.5pt;"> <div style="line-height: 11.02pt; text-align: left;"> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">Guggenheim Strategic Opportunities Fund (the &#8220;Fund&#8221;) is a diversified, closed-end </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">management investment company that commenced operations on July 26, 2007. The Fund&#8217;s </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">objective is to maximize total return through a combination of current income and capital </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">appreciation. The Fund pursues a relative value-based investment philosophy, which utilizes </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">quantitative and qualitative analysis to seek to identify securities or spreads between securities </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">that deviate from their perceived fair value and/or historical norms.</span></div> </div> </td> </tr>
<tr style="height: 43.04pt;">
<td style="background-color: #ffffff; padding-bottom: 7pt; padding-top: 7pt; vertical-align: Top; width: 131.5pt;"> <div style="line-height: 0.5pt; text-align: left;"> <div style="margin-right: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">&#160;</span></div> </div> </td>
<td style="background-color: #ffffff; padding-bottom: 7pt; padding-top: 7pt; vertical-align: Top; width: 384.5pt;"> <div style="line-height: 11.02pt; text-align: left;"> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">The Fund&#8217;s common shares of beneficial interest, par value $0.01 per share, are called </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">&#8220;Common Shares&#8221; and the holders of Common Shares are called &#8220;Common Shareholders&#8221; </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">throughout this Prospectus Supplement and the accompanying Prospectus.</span></div> </div> </td> </tr>
<tr style="height: 142.22pt;">
<td style="background-color: #ffffff; padding-bottom: 7pt; padding-top: 7pt; vertical-align: Top; width: 131.5pt;"> <div style="line-height: 11.02pt; text-align: left;"> <div style="margin-right: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-weight: bold; margin-left: 0.0pt;">Management of the Fund</span></div> </div> </td>
<td style="background-color: #ffffff; padding-bottom: 7pt; padding-top: 7pt; vertical-align: Top; width: 384.5pt;"> <div style="line-height: 11.02pt; text-align: left;"> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">Guggenheim Funds Investment Advisors, LLC (the &#8220;Investment Adviser&#8221;) serves as the </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">Fund&#8217;s investment adviser and is responsible for the management of the Fund. Guggenheim </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">Partners Investment Management, LLC (the &#8220;Sub-Adviser&#8221;) is responsible for the </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">management of the Fund&#8217;s portfolio of securities. Each of the Investment Adviser and the Sub-</span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">Adviser are wholly-owned subsidiaries of Guggenheim Partners, LLC (&#8220;Guggenheim </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">Partners&#8221;). Guggenheim Partners is a diversified financial services firm with wealth </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">management, capital markets, investment management and proprietary investing businesses, </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">whose clients are a mix of individuals, family offices, endowments, foundation insurance </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">companies and other institutions that have entrusted Guggenheim Partners with the </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">supervision of more than $325 billion of assets as of June 30, 2021. Guggenheim Partners is </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">headquartered in Chicago and New York with a global network of offices throughout the </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">United States, Europe, and Asia.</span></div> </div> </td> </tr>
<tr style="height: 43.04pt;">
<td style="background-color: #ffffff; padding-bottom: 7pt; padding-top: 7pt; vertical-align: Top; width: 131.5pt;"> <div style="line-height: 11.02pt; text-align: left;"> <div style="margin-right: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-weight: bold; margin-left: 0.0pt;">The Offering</span></div> </div> </td>
<td style="background-color: #ffffff; padding-bottom: 7pt; padding-top: 7pt; vertical-align: Top; width: 384.5pt;"> <div style="line-height: 11.02pt; text-align: left;"> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">The Fund may offer, from time to time, up to $700,000,000 aggregate initial offering price of </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">Common Shares, in one or more offerings in amounts, at prices and on terms to be set forth in </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">one or more supplements to this Prospectus (each a &#8220;Prospectus Supplement&#8221;).</span></div> </div> </td> </tr>
<tr style="height: 109.16pt;">
<td style="background-color: #ffffff; padding-bottom: 7pt; padding-top: 7pt; vertical-align: Top; width: 131.5pt;"> <div style="line-height: 0.5pt; text-align: left;"> <div style="margin-right: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">&#160;</span></div> </div> </td>
<td style="background-color: #ffffff; padding-bottom: 7pt; padding-top: 7pt; vertical-align: Top; width: 384.5pt;"> <div style="line-height: 11.02pt; text-align: left;"> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">The Fund may offer Common Shares (1) directly to one or more purchasers, (2) through </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">agents that the Fund may designate from time to time, or (3) to or through underwriters or </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">dealers. The Prospectus Supplement relating to a particular offering will identify any agents or </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">underwriters involved in the sale of Common Shares, and will set forth any applicable </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">purchase price, fee, commission or discount arrangement between the Fund and agents or </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">underwriters or among underwriters or the basis upon which such amount may be calculated. </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">The Fund may not sell Common Shares through agents, underwriters or dealers without </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">delivery of this Prospectus and a Prospectus Supplement describing the method and terms of </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">the offering of Common Shares. See &#8220;Plan of Distribution.&#8221;</span></div> </div> </td> </tr>
<tr style="height: 120.18pt;">
<td style="background-color: #ffffff; padding-bottom: 7pt; padding-top: 7pt; vertical-align: Top; width: 131.5pt;"> <div style="line-height: 11.02pt; text-align: left;"> <div style="margin-right: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-weight: bold; margin-left: 0.0pt;">Use of Proceeds</span></div> </div> </td>
<td style="background-color: #ffffff; padding-bottom: 7pt; padding-top: 7pt; vertical-align: Top; width: 384.5pt;"> <div style="line-height: 11.02pt; text-align: left;"> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">Unless otherwise specified in a Prospectus Supplement, the Fund intends to invest the net </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">proceeds of an offering of Common Shares in accordance with its investment objective and </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">policies as stated herein. It is currently anticipated that the Fund will be able to invest </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">substantially all of the net proceeds of an offering of Common Shares in accordance with its </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">investment objective and policies, as stated herein, within three months after the completion of </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">such offering. Pending such investment, it is anticipated that the proceeds will be invested in </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">U.S. government securities or high quality, short-term money market securities. The Fund may </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">also use the proceeds for working capital purposes, including the payment of distributions, </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">interest and operating expenses, although the Fund currently has no intent to issue Common </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">Shares primarily for this purpose.</span></div> </div> </td> </tr>
<tr style="height: 58.08pt;">
<td style="background-color: #ffffff; padding-bottom: 1.5pt; padding-top: 7pt; vertical-align: Top; width: 131.5pt;"> <div style="line-height: 11.02pt; text-align: left;"> <div style="margin-right: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-weight: bold; margin-left: 0.0pt;">Investment Objective</span></div> </div> </td>
<td style="background-color: #ffffff; padding-bottom: 1.5pt; padding-top: 7pt; vertical-align: Top; width: 384.5pt;"> <div style="line-height: 11.02pt; text-align: left;"> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">The Fund&#8217;s investment objective is to maximize total return through a combination of current </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">income and capital appreciation. The Fund cannot ensure investors that it will achieve its </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">investment objective. The Fund&#8217;s investment objective is considered fundamental and may not </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">be changed without the approval of Common Shareholders. See &#8220;Investment Objective and </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">Policies&#8212;Investment Philosophy and Investment Process.&#8221;</span></div> </div> </td> </tr> </table> </div> </div> <div style="clear: both;"></div> <div style="float: left; margin-left: 39pt; margin-top: 12pt; width: 516pt; min-height: 12pt;"> <div style="line-height: 10.02pt; text-align: center;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; line-height: 10.02pt; margin-left: 0%;">1</span></div> </div> </div> </div> <div style="float: left; margin-bottom: 5.0pt; width: 100%;"></div> <hr style="clear: both; margin: 40.0pt 0.25pt 0.25pt 0.25pt;" /></div> <div> <div><a id="xx_4afe4159-96c7-4c11-87a9-46b0c559bfad_2"></a> <div style="page-break-after: always; position: relative;"> <div style="clear: both;"></div> <div style="float: left; margin-left: 39pt; margin-top: 36pt; width: 516pt; min-height: 696pt;"> <div style="margin-top: 0.0pt;">
<table style="empty-cells: show; width: 516pt;" cellpadding="0" cellspacing="0">
<tr style="height: 94.14pt;">
<td style="background-color: #ffffff; padding-bottom: 7pt; padding-top: 7pt; vertical-align: Top; width: 131.5pt;"> <div style="line-height: 11.02pt; text-align: left;"> <div style="margin-right: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-weight: bold; margin-left: 0.0pt;">Investment Philosophy </span></div> <div style="margin-right: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-weight: bold; margin-left: 0.0pt;">Process</span></div> </div> </td>
<td style="background-color: #ffffff; padding-bottom: 7pt; padding-top: 7pt; vertical-align: Top; width: 384.5pt;"> <div style="line-height: 11.02pt; text-align: left;"> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">The Fund will pursue a relative value-based investment philosophy, which utilizes quantitative </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">and qualitative analysis to seek to identify securities or spreads between securities that deviate </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">from their perceived fair value and/or historical norms. The Sub-Adviser seeks to combine a </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">credit-managed fixed- income portfolio with access to a diversified pool of alternative </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">investments and equity strategies. The Fund&#8217;s investment philosophy is predicated upon the </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">belief that thorough research and independent thought are rewarded with performance that has </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">the potential to outperform benchmark indexes with both lower volatility and lower correlation </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">of returns as compared to such benchmark indexes.</span></div> </div> </td> </tr>
<tr style="height: 164.26pt;">
<td style="background-color: #ffffff; padding-bottom: 7pt; padding-top: 7pt; vertical-align: Top; width: 131.5pt;"> <div style="line-height: 0.5pt; text-align: left;"> <div style="margin-right: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">&#160;</span></div> </div> </td>
<td style="background-color: #ffffff; padding-bottom: 7pt; padding-top: 7pt; vertical-align: Top; width: 384.5pt;"> <div style="line-height: 11.02pt; text-align: left;"> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">The Sub-Adviser&#8217;s process for determining whether to buy a security is a collaborative effort </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">between various groups including: (i) economic research, which focus on key economic </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">themes and trends, regional and country-specific analysis, and assessments of event-risk and </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">policy impacts on asset prices, (ii) the Portfolio Construction Group, which utilize proprietary </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">portfolio construction and risk modeling tools to determine allocation of assets among a </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">variety of sectors, (iii) its Sector Specialists, who are responsible for identifying investment </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">opportunities in particular securities within these sectors, including the structuring of certain </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">securities directly with the issuers or with investment banks and dealers involved in the </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">origination of such securities, and (iv) portfolio managers, who determine which securities </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">best fit the Fund based on the Fund&#8217;s investment objective and top-down sector allocations. In </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">managing the Fund, the Sub- Adviser uses a process for selecting securities for purchase and </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">sale that is based on intensive credit research and involves extensive due diligence on each </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">issuer, region and sector. The Sub-Adviser also considers macroeconomic outlook and </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">geopolitical issues.</span></div> </div> </td> </tr>
<tr style="height: 21pt;">
<td style="background-color: #ffffff; padding-bottom: 7pt; padding-top: 7pt; vertical-align: Top; width: 131.5pt;"> <div style="line-height: 11.02pt; text-align: left;"> <div style="margin-right: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-weight: bold; margin-left: 0.0pt;">Investment Portfolio</span></div> </div> </td>
<td style="background-color: #ffffff; padding-bottom: 7pt; padding-top: 7pt; vertical-align: Top; width: 384.5pt;"> <div style="line-height: 11.02pt; text-align: left;"> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">The Fund will seek to achieve its investment objective by investing in:</span></div> </div> </td> </tr>
<tr style="height: 87.12pt;">
<td style="background-color: #ffffff; padding-bottom: 7pt; padding-top: 7pt; vertical-align: Top; width: 131.5pt;"> <div style="line-height: 0.5pt; text-align: left;"> <div style="margin-right: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">&#160;</span></div> </div> </td>
<td style="background-color: #ffffff; padding-bottom: 7pt; padding-top: 7pt; vertical-align: Top; width: 384.5pt;"> <div style="line-height: 11.02pt; text-align: left;"> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-style: italic; margin-left: 0.0pt;">Income Securities</span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">. The Fund may invest in a wide range of fixed- income and other debt and </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">senior equity securities (&#8220;Income Securities&#8221;) selected from a variety of sectors and credit </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">qualities. The Fund may invest in Income Securities of any credit quality, including, without </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">limitation, Income Securities rated below-investment grade (commonly referred to as &#8220;high-</span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">yield&#8221; or &#8220;junk&#8221; bonds), which are considered speculative with respect to the issuer&#8217;s capacity </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">to pay interest and repay principal. The sectors and types of Income Securities in which the </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">Fund may invest, include, but are not limited to:</span></div> </div> </td> </tr>
<tr style="height: 21pt;">
<td style="background-color: #ffffff; padding-bottom: 7pt; padding-top: 7pt; vertical-align: Top; width: 131.5pt;"> <div style="line-height: 0.5pt; text-align: left;"> <div style="margin-right: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">&#160;</span></div> </div> </td>
<td style="background-color: #ffffff; padding-bottom: 7pt; padding-top: 7pt; vertical-align: Top; width: 384.5pt;"> <div style="line-height: 11.02pt; text-align: left;"> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">&#8226;</span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 16.0pt;">Corporate bonds;</span></div> </div> </td> </tr>
<tr style="height: 43.04pt;">
<td style="background-color: #ffffff; padding-bottom: 7pt; padding-top: 7pt; vertical-align: Top; width: 131.5pt;"> <div style="line-height: 0.5pt; text-align: left;"> <div style="margin-right: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">&#160;</span></div> </div> </td>
<td style="background-color: #ffffff; padding-bottom: 7pt; padding-top: 7pt; vertical-align: Top; width: 384.5pt;"> <div style="line-height: 11.02pt; text-align: left;"> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">&#8226;</span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 16.0pt;">Loans and loan participations (including senior secured&#160;floating rate loans, &#8220;second lien&#8221; </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 20.0pt;">secured floating rate loans, and other types of secured and unsecured loans with fixed </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 20.0pt;">and variable interest rates) (collectively, &#8220;Loans&#8221;);</span></div> </div> </td> </tr>
<tr style="height: 43.04pt;">
<td style="background-color: #ffffff; padding-bottom: 7pt; padding-top: 7pt; vertical-align: Top; width: 131.5pt;"> <div style="line-height: 0.5pt; text-align: left;"> <div style="margin-right: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">&#160;</span></div> </div> </td>
<td style="background-color: #ffffff; padding-bottom: 7pt; padding-top: 7pt; vertical-align: Top; width: 384.5pt;"> <div style="line-height: 11.02pt; text-align: left;"> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">&#8226;</span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 16.0pt;">Structured finance investments (including residential&#160;and commercial mortgage-related </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 20.0pt;">securities, asset- backed securities, collateralized debt obligations and risk-linked </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 20.0pt;">securities);</span></div> </div> </td> </tr>
<tr style="height: 21pt;">
<td style="background-color: #ffffff; padding-bottom: 7pt; padding-top: 7pt; vertical-align: Top; width: 131.5pt;"> <div style="line-height: 0.5pt; text-align: left;"> <div style="margin-right: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">&#160;</span></div> </div> </td>
<td style="background-color: #ffffff; padding-bottom: 7pt; padding-top: 7pt; vertical-align: Top; width: 384.5pt;"> <div style="line-height: 11.02pt; text-align: left;"> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">&#8226;</span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 16.0pt;">U.S. government and agency securities;</span></div> </div> </td> </tr>
<tr style="height: 21pt;">
<td style="background-color: #ffffff; padding-bottom: 7pt; padding-top: 7pt; vertical-align: Top; width: 131.5pt;"> <div style="line-height: 0.5pt; text-align: left;"> <div style="margin-right: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">&#160;</span></div> </div> </td>
<td style="background-color: #ffffff; padding-bottom: 7pt; padding-top: 7pt; vertical-align: Top; width: 384.5pt;"> <div style="line-height: 11.02pt; text-align: left;"> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">&#8226;</span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 16.0pt;">Mezzanine and preferred securities; and</span></div> </div> </td> </tr>
<tr style="height: 21pt;">
<td style="background-color: #ffffff; padding-bottom: 7pt; padding-top: 7pt; vertical-align: Top; width: 131.5pt;"> <div style="line-height: 0.5pt; text-align: left;"> <div style="margin-right: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">&#160;</span></div> </div> </td>
<td style="background-color: #ffffff; padding-bottom: 7pt; padding-top: 7pt; vertical-align: Top; width: 384.5pt;"> <div style="line-height: 11.02pt; text-align: left;"> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">&#8226;</span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 16.0pt;">Convertible securities.</span></div> </div> </td> </tr>
<tr style="height: 102.16pt;">
<td style="background-color: #ffffff; padding-bottom: 1.5pt; padding-top: 7pt; vertical-align: Top; width: 131.5pt;"> <div style="line-height: 0.5pt; text-align: left;"> <div style="margin-right: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">&#160;</span></div> </div> </td>
<td style="background-color: #ffffff; padding-bottom: 1.5pt; padding-top: 7pt; vertical-align: Top; width: 384.5pt;"> <div style="line-height: 11.02pt; text-align: left;"> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-style: italic; margin-left: 0.0pt;">Common Equity Securities and Covered Call Option Strategy</span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">. The Fund may invest in </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">common stocks, limited liability company interests, trust certificates and other equity </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">investments (&#8220;Common Equity Securities&#8221;) that the Sub-Adviser believes offer attractive yield </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">and/or capital appreciation potential. As part of its Common Equity Securities strategy, the </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">Fund currently intends to employ a strategy of writing (selling) covered call options and may, </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">from time to time, buy or sell put options on individual Common Equity Securities and, to a </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">lesser extent, on indices of securities and sectors of securities. This covered call option </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">strategy is intended to generate current gains from option premiums as a means to enhance </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">distributions payable to the Fund&#8217;s Common Shareholders.</span></div> </div> </td> </tr> </table> </div> </div> <div style="clear: both;"></div> <div style="float: left; margin-left: 39pt; margin-top: 12pt; width: 516pt; min-height: 12pt;"> <div style="line-height: 10.02pt; text-align: center;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; line-height: 10.02pt; margin-left: 0%;">2</span></div> </div> </div> </div> <div style="float: left; margin-bottom: 5.0pt; width: 100%;"></div> <hr style="clear: both; margin: 40.0pt 0.25pt 0.25pt 0.25pt;" /></div> <div> <div><a id="xx_4afe4159-96c7-4c11-87a9-46b0c559bfad_3"></a> <div style="page-break-after: always; position: relative;"> <div style="clear: both;"></div> <div style="float: left; margin-left: 39pt; margin-top: 36pt; width: 516pt; min-height: 696pt;"> <div style="margin-top: 0.0pt;">
<table style="empty-cells: show; width: 516pt;" cellpadding="0" cellspacing="0">
<tr style="height: 116.18pt;">
<td style="background-color: #ffffff; padding-bottom: 7pt; padding-top: 7pt; vertical-align: Top; width: 131.5pt;"> <div style="line-height: 0.5pt; text-align: left;"> <div style="margin-right: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">&#160;</span></div> </div> </td>
<td style="background-color: #ffffff; padding-bottom: 7pt; padding-top: 7pt; vertical-align: Top; width: 384.5pt;"> <div style="line-height: 11.02pt; text-align: left;"> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-style: italic; margin-left: 0.0pt;">Structured Finance Investments</span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">. The Fund may invest in structured finance investments, which </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">are Income Securities and Common Equity Securities typically issued by special purpose </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">vehicles that hold income-producing securities (e.g., mortgage loans, consumer debt payment </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">obligations and other receivables) and other financial assets. Structured finance investments </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">are tailored, or packaged, to meet certain financial goals of investors. Typically, these </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">investments provide investors with capital protection, income generation and/or the </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">opportunity to generate capital growth. The Sub-Adviser believes that structured finance </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">investments may provide attractive risk-adjusted returns, frequent sector rotation opportunities </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">and prospects for adding value through security selection. Structured finance investments </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">include:</span></div> </div> </td> </tr>
<tr style="height: 164.26pt;">
<td style="background-color: #ffffff; padding-bottom: 7pt; padding-top: 7pt; vertical-align: Top; width: 131.5pt;"> <div style="line-height: 0.5pt; text-align: left;"> <div style="margin-right: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">&#160;</span></div> </div> </td>
<td style="background-color: #ffffff; padding-bottom: 7pt; padding-top: 7pt; vertical-align: Top; width: 384.5pt;"> <div style="line-height: 11.02pt; text-align: left;"> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt; text-decoration: underline;">Mortgage-Related Securities</span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">. Mortgage-related securities are a form of derivative </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">collateralized by pools of commercial or residential mortgages. </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">Pools of mortgage loans are </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">assembled as securities for sale to investors by various governmental, government-related and </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">private organizations. These securities may include complex instruments such as collateralized </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">mortgage obligations, real estate investment trusts (&#8220;REITs&#8221;) (including debt and preferred </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">stock issued by REITs), and other real estate-related securities. The mortgage- related </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">securities in which the Fund may invest include those with fixed, floating or variable interest </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">rates, those with interest rates that change based on multiples of changes in a specified index </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">of interest rates, and those with interest rates that change inversely to changes in interest rates, </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">as well as those that do not bear interest. The Fund may invest in residential and commercial </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">mortgage-related securities issued by governmental entities and private issuers, including </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">subordinated mortgage-related securities. The underlying assets of certain mortgage-related </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">securities may be subject to prepayments, which shorten the weighted average maturity and </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">may lower the return of such securities.</span></div> </div> </td> </tr>
<tr style="height: 197.32pt;">
<td style="background-color: #ffffff; padding-bottom: 7pt; padding-top: 7pt; vertical-align: Top; width: 131.5pt;"> <div style="line-height: 0.5pt; text-align: left;"> <div style="margin-right: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">&#160;</span></div> </div> </td>
<td style="background-color: #ffffff; padding-bottom: 7pt; padding-top: 7pt; vertical-align: Top; width: 384.5pt;"> <div style="line-height: 11.02pt; text-align: left;"> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt; text-decoration: underline;">Asset-Backed Securities</span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">. Asset-backed securities (&#8220;ABS&#8221;) are a form of structured debt </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">obligation. ABS are payment claims that are securitized in the form of negotiable paper that is </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">issued by a financing company (generally called a special purpose vehicle). Collateral assets </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">are brought into a pool according to specific diversification rules. A special purpose vehicle is </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">founded for the purpose of securitizing these payment claims and the assets of the special </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">purpose vehicle are the diversified pool of collateral assets. The special purpose vehicle issues </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">marketable securities which are intended to represent a lower level of risk than an underlying </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">collateral asset individually, due to the diversification in the pool. The redemption of the </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">securities issued by the special purpose vehicle takes place out of the cash flow generated by </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">the collected assets. A special purpose vehicle may issue multiple securities with different </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">priorities to the cash flows generated and the collateral assets. The collateral for ABS may </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">include, among other assets, home equity loans, automobile and credit card receivables, boat </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">loans, computer leases, airplane leases, mobile home loans, recreational vehicle loans and </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">hospital account receivables. The Fund may invest in these and other types of ABS that may be </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">developed in the future. There is the possibility that recoveries on the underlying collateral </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">may not, in some cases, be available or may be insufficient to support payments on these </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">securities.</span></div> </div> </td> </tr>
<tr style="height: 201.34pt;">
<td style="background-color: #ffffff; padding-bottom: 1.5pt; padding-top: 7pt; vertical-align: Top; width: 131.5pt;"> <div style="line-height: 0.5pt; text-align: left;"> <div style="margin-right: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">&#160;</span></div> </div> </td>
<td style="background-color: #ffffff; padding-bottom: 1.5pt; padding-top: 7pt; vertical-align: Top; width: 384.5pt;"> <div style="line-height: 11.02pt; text-align: left;"> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt; text-decoration: underline;">Collateralized Debt Obligations</span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">. A collateralized debt obligation (&#8220;CDO&#8221;) is an asset-backed </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">security whose underlying collateral is typically a portfolio of bonds, bank loans, other </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">structured finance securities and/or synthetic instruments. Where the underlying collateral is a </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">portfolio of bonds, a CDO is referred to as a collateralized bond obligation (&#8220;CBO&#8221;). Where </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">the underlying collateral is a portfolio of bank loans, a CDO is referred to as a collateralized </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">loan obligation (&#8220;CLO&#8221;). Investors in CLOs bear the credit risk of the underlying collateral. </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">Multiple tranches of securities are issued by the CLO, offering investors various maturity and </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">credit risk characteristics. Tranches are categorized as senior, mezzanine, and subordinated/</span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">equity, according to their degree of risk. If there are defaults or the CLO&#8217;s collateral otherwise </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">underperforms, scheduled payments to senior tranches take precedence over those of </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">mezzanine tranches, and scheduled payments to mezzanine tranches take precedence over </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">those to subordinated/equity tranches. This prioritization of the cash flows from a pool of </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">securities among the several tranches of the CLO is a key feature of the CLO structure. If </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">there are funds remaining after each tranche of debt receives its contractual interest rate and </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">the CLO meets or exceeds required collateral coverage levels (or other similar covenants), the </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">remaining funds may be paid to the subordinated (or residual) tranche (often referred to as the </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">&#8220;equity&#8221; tranche). CLOs are subject to the same risk of prepayment described with respect to </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">certain mortgage-related and asset-backed securities.</span></div> </div> </td> </tr> </table> </div> </div> <div style="clear: both;"></div> <div style="float: left; margin-left: 39pt; margin-top: 12pt; width: 516pt; min-height: 12pt;"> <div style="line-height: 10.02pt; text-align: center;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; line-height: 10.02pt; margin-left: 0%;">3</span></div> </div> </div> </div> <div style="float: left; margin-bottom: 5.0pt; width: 100%;"></div> <hr style="clear: both; margin: 40.0pt 0.25pt 0.25pt 0.25pt;" /></div> <div> <div><a id="xx_4afe4159-96c7-4c11-87a9-46b0c559bfad_4"></a> <div style="page-break-after: always; position: relative;"> <div style="clear: both;"></div> <div style="float: left; margin-left: 39pt; margin-top: 36pt; width: 516pt; min-height: 696pt;"> <div style="margin-top: 0.0pt;">
<table style="empty-cells: show; width: 516pt;" cellpadding="0" cellspacing="0">
<tr style="height: 61.08pt;">
<td style="background-color: #ffffff; padding-bottom: 7pt; padding-top: 7pt; vertical-align: Top; width: 131.5pt;"> <div style="line-height: 0.5pt; text-align: left;"> <div style="margin-right: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">&#160;</span></div> </div> </td>
<td style="background-color: #ffffff; padding-bottom: 7pt; padding-top: 7pt; vertical-align: Top; width: 384.5pt;"> <div style="line-height: 11.02pt; text-align: left;"> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">The Fund may invest in senior, rated tranches as well as mezzanine and subordinated tranches </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">of CLOs. Investment in the subordinated tranche is subject to special risks. The subordinated </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">tranche does not receive ratings and is considered the riskiest portion of the capital structure </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">of a CLO because it bears the bulk of defaults from the loans in the CLO and serves to protect </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">the other, more senior tranches from default in all but the most severe circumstances.</span></div> </div> </td> </tr>
<tr style="height: 87.12pt;">
<td style="background-color: #ffffff; padding-bottom: 7pt; padding-top: 7pt; vertical-align: Top; width: 131.5pt;"> <div style="line-height: 0.5pt; text-align: left;"> <div style="margin-right: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">&#160;</span></div> </div> </td>
<td style="background-color: #ffffff; padding-bottom: 7pt; padding-top: 7pt; vertical-align: Top; width: 384.5pt;"> <div style="line-height: 11.02pt; text-align: left;"> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt; text-decoration: underline;">Risk-Linked Securities</span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">. Risk-linked securities (&#8220;RLS&#8221;) are a form of derivative issued by </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">insurance companies and insurance-related special purpose vehicles that apply securitization </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">techniques to catastrophic property and casualty damages. RLS are typically debt obligations </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">for which the return of principal and the payment of interest are contingent on the non-</span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">occurrence of a pre-defined &#8220;trigger event.&#8221; Depending on the specific terms and structure of </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">the RLS, this trigger could be the result of a hurricane, earthquake or some other catastrophic </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">event.</span></div> </div> </td> </tr>
<tr style="height: 54.06pt;">
<td style="background-color: #ffffff; padding-bottom: 7pt; padding-top: 7pt; vertical-align: Top; width: 131.5pt;"> <div style="line-height: 0.5pt; text-align: left;"> <div style="margin-right: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">&#160;</span></div> </div> </td>
<td style="background-color: #ffffff; padding-bottom: 7pt; padding-top: 7pt; vertical-align: Top; width: 384.5pt;"> <div style="line-height: 11.02pt; text-align: left;"> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-style: italic; margin-left: 0.0pt;">Real Property Asset Companies</span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">. The Fund may invest in Income Securities and Common </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">Equity Securities issued by companies that own, produce, refine, process, transport and </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">market &#8220;real property assets,&#8221; such as real estate and the natural resources upon or within real </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">estate (&#8220;Real Property Asset Companies&#8221;).</span></div> </div> </td> </tr>
<tr style="height: 120.18pt;">
<td style="background-color: #ffffff; padding-bottom: 7pt; padding-top: 7pt; vertical-align: Top; width: 131.5pt;"> <div style="line-height: 0.5pt; text-align: left;"> <div style="margin-right: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">&#160;</span></div> </div> </td>
<td style="background-color: #ffffff; padding-bottom: 7pt; padding-top: 7pt; vertical-align: Top; width: 384.5pt;"> <div style="line-height: 11.02pt; text-align: left;"> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-style: italic; margin-left: 0.0pt;">Personal Property Asset Companies</span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">. The Fund may invest in Income Securities and Common </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">Equity Securities issued by companies that seek to profit primarily from the ownership, rental, </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">leasing, financing or disposition of personal (as opposed to real) property assets (&#8220;Personal </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">Property Asset Companies&#8221;). Personal (as opposed to real) property includes any tangible, </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">movable property or asset. The Fund will typically seek to invest in Income Securities and </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">Common Equity Securities of Personal Property Asset Companies the investment performance </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">of which is not expected to be highly correlated with traditional market indexes because the </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">personal property asset held by such company is non-correlated with traditional debt or equity </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">markets. Such personal property assets include special situation transportation assets (e.g., </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">railcars, airplanes and ships) and collectibles (e.g., antiques, wine and fine art).</span></div> </div> </td> </tr>
<tr style="height: 54.06pt;">
<td style="background-color: #ffffff; padding-bottom: 7pt; padding-top: 7pt; vertical-align: Top; width: 131.5pt;"> <div style="line-height: 0.5pt; text-align: left;"> <div style="margin-right: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">&#160;</span></div> </div> </td>
<td style="background-color: #ffffff; padding-bottom: 7pt; padding-top: 7pt; vertical-align: Top; width: 384.5pt;"> <div style="line-height: 11.02pt; text-align: left;"> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-style: italic; margin-left: 0.0pt;">Private Securities</span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">. The Fund may invest in privately issued Income Securities and Common </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">Equity Securities of both public and private companies (&#8220;Private Securities&#8221;). Private </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">Securities have additional risk considerations than comparable public securities, including </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">availability of financial information about the issuer and valuation and liquidity issues.</span></div> </div> </td> </tr>
<tr style="height: 252.42pt;">
<td style="background-color: #ffffff; padding-bottom: 7pt; padding-top: 7pt; vertical-align: Top; width: 131.5pt;"> <div style="line-height: 0.5pt; text-align: left;"> <div style="margin-right: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">&#160;</span></div> </div> </td>
<td style="background-color: #ffffff; padding-bottom: 7pt; padding-top: 7pt; vertical-align: Top; width: 384.5pt;"> <div style="line-height: 11.02pt; text-align: left;"> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-style: italic; margin-left: 0.0pt;">Investment Funds</span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">. As an alternative to holding investments directly, the Fund may also obtain </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">investment exposure to Income Securities and Common Equity Securities by investing in other </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">investment companies, including registered investment companies, private investment funds </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">and/or other pooled investment vehicles (collectively, &#8220;Investment Funds&#8221;). The Fund may </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">invest up to 30% of its total assets in Investment Funds that primarily hold (directly or </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">indirectly) investments in which the Fund may invest directly. The 1940 Act generally limits a </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">registered investment company&#8217;s investments in other registered investment companies to 10% </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">of its total assets. However, pursuant to exemptions set forth in rules and regulations </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">promulgated under the 1940 Act, the Fund may invest in excess of this limitation provided that </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">the conditions of such exemptions are met. In addition, the Fund may invest in certain ETFs in </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">excess of the 1940 Act limitations in reliance upon and in accordance with exemptive relief </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">obtained by such ETFs. The Fund will invest in private investment funds, commonly referred </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">to as &#8220;hedge funds,&#8221; only to the extent permitted by applicable rules, regulations and </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">interpretations of the SEC and NYSE. The Fund has no current intention to invest in private </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">investment funds. Investments in other Investment Funds involve operating expenses and fees </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">at the Investment Fund level that are in addition to the expenses and fees borne by the Fund </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">and are borne indirectly by holders of the Fund&#8217;s Common Shares. A new regulatory </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">framework adopted by the SEC in October 2020 that applies to investments by registered </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">investment companies in other registered investment companies may adversely impact the </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">Fund&#8217;s investment strategies and operations, as well as those of the underlying investment </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">vehicles in which the Fund invests or other funds that invest in the Fund (and, in turn, trading </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">in the Common Shares).</span></div> </div> </td> </tr>
<tr style="height: 36.04pt;">
<td style="background-color: #ffffff; padding-bottom: 1.5pt; padding-top: 7pt; vertical-align: Top; width: 131.5pt;"> <div style="line-height: 0.5pt; text-align: left;"> <div style="margin-right: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">&#160;</span></div> </div> </td>
<td style="background-color: #ffffff; padding-bottom: 1.5pt; padding-top: 7pt; vertical-align: Top; width: 384.5pt;"> <div style="line-height: 11.02pt; text-align: left;"> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-style: italic; margin-left: 0.0pt;">Synthetic Investments</span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">. As an alternative to holding investments directly, the Fund may also </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">obtain investment exposure to Income Securities and Common Equity Securities through the </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">use of customized derivative instruments (including swaps, options, forwards, notional </span></div> </div> </td> </tr> </table> </div> </div> <div style="clear: both;"></div> <div style="float: left; margin-left: 39pt; margin-top: 12pt; width: 516pt; min-height: 12pt;"> <div style="line-height: 10.02pt; text-align: center;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; line-height: 10.02pt; margin-left: 0%;">4</span></div> </div> </div> </div> <div style="float: left; margin-bottom: 5.0pt; width: 100%;"></div> <hr style="clear: both; margin: 40.0pt 0.25pt 0.25pt 0.25pt;" /></div> <div> <div><a id="xx_4afe4159-96c7-4c11-87a9-46b0c559bfad_5"></a> <div style="page-break-after: always; position: relative;"> <div style="clear: both;"></div> <div style="float: left; margin-left: 39pt; margin-top: 36pt; width: 516pt; min-height: 696pt;"> <div style="margin-top: 0.0pt;">
<table style="empty-cells: show; width: 516pt;" cellpadding="0" cellspacing="0">
<tr style="height: 39.04pt;">
<td style="background-color: #ffffff; padding-bottom: 7pt; padding-top: 7pt; vertical-align: Top; width: 131.5pt;"> <div style="line-height: 0.5pt; text-align: left;"> <div style="margin-right: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">&#160;</span></div> </div> </td>
<td style="background-color: #ffffff; padding-bottom: 7pt; padding-top: 7pt; vertical-align: Top; width: 384.5pt;"> <div style="line-height: 11.02pt; text-align: left;"> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">principal contracts or other financial instruments) to replicate, modify or replace the economic </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">attributes associated with an investment in Income Securities and Common Equity Securities </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">(including interests in Investment Funds).</span></div> </div> </td> </tr>
<tr style="height: 175.28pt;">
<td style="background-color: #ffffff; padding-bottom: 7pt; padding-top: 7pt; vertical-align: Top; width: 131.5pt;"> <div style="line-height: 0.5pt; text-align: left;"> <div style="margin-right: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">&#160;</span></div> </div> </td>
<td style="background-color: #ffffff; padding-bottom: 7pt; padding-top: 7pt; vertical-align: Top; width: 384.5pt;"> <div style="line-height: 11.02pt; text-align: left;"> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-style: italic; margin-left: 0.0pt;">Derivative Transactions</span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">. The Fund may purchase and sell derivative instruments (which derive </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">their value by reference to another instrument, security or index) for investment purposes, </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">such as obtaining investment exposure to an investment category; risk management purposes, </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">such as hedging against fluctuations in securities prices or interest rates; diversification </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">purposes; or to change the duration of the Fund. In order to help protect the soundness of </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">derivative transactions and outstanding derivative positions, the Sub-Adviser generally </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">requires derivative counterparties to have a minimum credit rating of A from Moody&#8217;s </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">Investors Service (or a comparable rating from another nationally recognized statistical rating </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">organization (&#8220;NRSRO&#8221;)) and monitors such rating on an ongoing basis. In addition, the Sub-</span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">Adviser seeks to allocate derivative transactions to limit exposure to any single counterparty. </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">The Fund has not adopted a maximum percentage limit with respect to derivative investments. </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">However, the Board of Trustees will receive regular reports from the Investment Adviser and </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">the Sub-Adviser regarding the Fund&#8217;s use of derivative instruments and the effect of derivative </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">transactions on the management of the Fund&#8217;s portfolio and the performance of the Fund. See </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">&#8220;The Fund&#8217;s Investments&#8212;Derivative Transactions.&#8221;</span></div> </div> </td> </tr>
<tr style="height: 109.16pt;">
<td style="background-color: #ffffff; padding-bottom: 7pt; padding-top: 7pt; vertical-align: Top; width: 131.5pt;"> <div style="line-height: 0.5pt; text-align: left;"> <div style="margin-right: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">&#160;</span></div> </div> </td>
<td style="background-color: #ffffff; padding-bottom: 7pt; padding-top: 7pt; vertical-align: Top; width: 384.5pt;"> <div style="line-height: 11.02pt; text-align: left;"> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-style: italic; margin-left: 0.0pt;">Municipal Securities</span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">. The Fund may invest directly or indirectly in municipal securities. </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">Municipal securities include securities issued by or on behalf of states, territories and </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">possessions of the United States and the District of Columbia and their political subdivisions, </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">agencies and instrumentalities, the payments from which, in the opinion of bond counsel to </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">the issuer, are excludable from gross income for federal income tax purposes. Municipal </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">securities also include taxable securities issued by such issuers. Municipal bonds may include </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">those backed by, among other things, state taxes and essential service revenues as well as </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">health care and higher education issuers, among others, or be supported by dedicated revenue </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">streams and/or statutory liens.</span></div> </div> </td> </tr>
<tr style="height: 32.02pt;">
<td style="background-color: #ffffff; padding-bottom: 7pt; padding-top: 7pt; vertical-align: Top; width: 131.5pt;"> <div style="line-height: 11.02pt; text-align: left;"> <div style="margin-right: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-weight: bold; margin-left: 0.0pt;">Investment Policies</span></div> </div> </td>
<td style="background-color: #ffffff; padding-bottom: 7pt; padding-top: 7pt; vertical-align: Top; width: 384.5pt;"> <div style="line-height: 11.02pt; text-align: left;"> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">The Fund may allocate its assets among a wide variety of Income Securities and Common </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">Equity Securities.</span></div> </div> </td> </tr>
<tr style="height: 120.18pt;">
<td style="background-color: #ffffff; padding-bottom: 7pt; padding-top: 7pt; vertical-align: Top; width: 131.5pt;"> <div style="line-height: 0.5pt; text-align: left;"> <div style="margin-right: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">&#160;</span></div> </div> </td>
<td style="background-color: #ffffff; padding-bottom: 7pt; padding-top: 7pt; vertical-align: Top; width: 384.5pt;"> <div style="line-height: 11.02pt; text-align: left;"> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">The Fund may invest without limitation in below-investment grade securities (e.g., securities </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">rated below Baa3 by Moody&#8217;s Investors Service, Inc., below BBB- by Standard &#38; Poor&#8217;s </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">Ratings Group or Fitch Ratings or comparably rated by another nationally recognized </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">statistical rating organization or, if unrated, determined by the Sub- Adviser to be of </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">comparable quality). Below-investment grade securities are commonly referred to as &#8220;high-</span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">yield&#8221; or &#8220;junk&#8221; bonds and are considered speculative with respect to the issuer&#8217;s capacity to </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">pay interest and repay principal. The Fund&#8217;s investments in any of the sectors and types of </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">Income Securities in which the Fund may invest may include, without limitation, below </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">investment grade securities. The Fund&#8217;s investments in below investment grade securities may </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">include distressed and defaulted securities.</span></div> </div> </td> </tr>
<tr style="height: 21pt;">
<td style="background-color: #ffffff; padding-bottom: 7pt; padding-top: 7pt; vertical-align: Top; width: 131.5pt;"> <div style="line-height: 0.5pt; text-align: left;"> <div style="margin-right: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">&#160;</span></div> </div> </td>
<td style="background-color: #ffffff; padding-bottom: 7pt; padding-top: 7pt; vertical-align: Top; width: 384.5pt;"> <div style="line-height: 11.02pt; text-align: left;"> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">Under normal market conditions, the Fund will not invest more than:</span></div> </div> </td> </tr>
<tr style="height: 21pt;">
<td style="background-color: #ffffff; padding-bottom: 7pt; padding-top: 7pt; vertical-align: Top; width: 131.5pt;"> <div style="line-height: 0.5pt; text-align: left;"> <div style="margin-right: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">&#160;</span></div> </div> </td>
<td style="background-color: #ffffff; padding-bottom: 7pt; padding-top: 7pt; vertical-align: Top; width: 384.5pt;"> <div style="line-height: 11.02pt; text-align: left;"> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">&#8226;</span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 16.0pt;">50% of its total assets in Common Equity Securities consisting of common stock;</span></div> </div> </td> </tr>
<tr style="height: 21pt;">
<td style="background-color: #ffffff; padding-bottom: 7pt; padding-top: 7pt; vertical-align: Top; width: 131.5pt;"> <div style="line-height: 0.5pt; text-align: left;"> <div style="margin-right: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">&#160;</span></div> </div> </td>
<td style="background-color: #ffffff; padding-bottom: 7pt; padding-top: 7pt; vertical-align: Top; width: 384.5pt;"> <div style="line-height: 11.02pt; text-align: left;"> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">&#8226;</span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 16.0pt;">30% of its total assets in Investment Funds;</span></div> </div> </td> </tr>
<tr style="height: 32.02pt;">
<td style="background-color: #ffffff; padding-bottom: 7pt; padding-top: 7pt; vertical-align: Top; width: 131.5pt;"> <div style="line-height: 0.5pt; text-align: left;"> <div style="margin-right: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">&#160;</span></div> </div> </td>
<td style="background-color: #ffffff; padding-bottom: 7pt; padding-top: 7pt; vertical-align: Top; width: 384.5pt;"> <div style="line-height: 11.02pt; text-align: left;"> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">&#8226;</span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 16.0pt;">20% of its total assets in non-U.S. dollar-denominated&#160;Income Securities of corporate and </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 20.0pt;">governmental issuers located outside the United States; and</span></div> </div> </td> </tr>
<tr style="height: 21pt;">
<td style="background-color: #ffffff; padding-bottom: 7pt; padding-top: 7pt; vertical-align: Top; width: 131.5pt;"> <div style="line-height: 0.5pt; text-align: left;"> <div style="margin-right: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">&#160;</span></div> </div> </td>
<td style="background-color: #ffffff; padding-bottom: 7pt; padding-top: 7pt; vertical-align: Top; width: 384.5pt;"> <div style="line-height: 11.02pt; text-align: left;"> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">&#8226;</span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 16.0pt;">10% of its total assets in Income Securities of issuers in&#160;emerging markets.</span></div> </div> </td> </tr>
<tr style="height: 43.04pt;">
<td style="background-color: #ffffff; padding-bottom: 7pt; padding-top: 7pt; vertical-align: Top; width: 131.5pt;"> <div style="line-height: 0.5pt; text-align: left;"> <div style="margin-right: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">&#160;</span></div> </div> </td>
<td style="background-color: #ffffff; padding-bottom: 7pt; padding-top: 7pt; vertical-align: Top; width: 384.5pt;"> <div style="line-height: 11.02pt; text-align: left;"> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">The percentage of the Fund&#8217;s total assets allocated to any category of investment may at any </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">given time be significantly less than the maximum percentage permitted pursuant to the above </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">referenced investment policies.</span></div> </div> </td> </tr>
<tr style="height: 58.08pt;">
<td style="background-color: #ffffff; padding-bottom: 1.5pt; padding-top: 7pt; vertical-align: Top; width: 131.5pt;"> <div style="line-height: 0.5pt; text-align: left;"> <div style="margin-right: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">&#160;</span></div> </div> </td>
<td style="background-color: #ffffff; padding-bottom: 1.5pt; padding-top: 7pt; vertical-align: Top; width: 384.5pt;"> <div style="line-height: 11.02pt; text-align: left;"> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">Unless otherwise stated in this Prospectus or the SAI, the Fund&#8217;s investment policies are </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">considered non-fundamental and may be changed by the Board of Trustees of the Fund (the </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">&#8220;Board of Trustees&#8221;) without Common Shareholder approval. The Fund will provide investors </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">with at least 60 days&#8217; prior written notice of any change in the Fund&#8217;s investment policies. See </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">&#8220;Investment Objective and Policies&#8221; in this Prospectus and in the SAI.</span></div> </div> </td> </tr> </table> </div> </div> <div style="clear: both;"></div> <div style="float: left; margin-left: 39pt; margin-top: 12pt; width: 516pt; min-height: 12pt;"> <div style="line-height: 10.02pt; text-align: center;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; line-height: 10.02pt; margin-left: 0%;">5</span></div> </div> </div> </div> <div style="float: left; margin-bottom: 5.0pt; width: 100%;"></div> <hr style="clear: both; margin: 40.0pt 0.25pt 0.25pt 0.25pt;" /></div> <div> <div><a id="xx_4afe4159-96c7-4c11-87a9-46b0c559bfad_6"></a> <div style="page-break-after: always; position: relative;"> <div style="clear: both;"></div> <div style="float: left; margin-left: 39pt; margin-top: 36pt; width: 516pt; min-height: 696pt;"> <div style="margin-top: 0.0pt;">
<table style="empty-cells: show; width: 516pt;" cellpadding="0" cellspacing="0">
<tr style="height: 94.14pt;">
<td style="background-color: #ffffff; padding-bottom: 7pt; padding-top: 7pt; vertical-align: Top; width: 131.5pt;"> <div style="line-height: 11.02pt; text-align: left;"> <div style="margin-right: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-weight: bold; margin-left: 0.0pt;">Financial Leverage and </span></div> <div style="margin-right: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-weight: bold; margin-left: 0.0pt;">Leveraged Transactions</span></div> </div> </td>
<td style="background-color: #ffffff; padding-bottom: 7pt; padding-top: 7pt; vertical-align: Top; width: 384.5pt;"> <div style="line-height: 11.02pt; text-align: left;"> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">The Fund may seek to enhance the level of its current distributions by utilizing financial </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">leverage through the issuance of preferred shares (&#8220;Preferred Shares&#8221;), through borrowing or </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">the issuance of commercial paper or other forms of debt (&#8220;Borrowings&#8221;), through reverse </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">repurchase agreements, dollar rolls or similar transactions or through a combination of the </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">foregoing (&#8220;leveraged transactions&#8221; and collectively &#8220;Financial Leverage&#8221;). The Fund may </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">utilize Financial Leverage up to the limits imposed by the 1940 Act; however, the aggregate </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">amount of Financial Leverage is not currently expected to exceed 33</span><span style="color: #000000; font-family: times new roman; font-size: 6.01pt; margin-left: 0.0pt; position: relative; top: -2.67pt;">&#8202;1</span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">&#8725;</span><span style="color: #000000; font-family: times new roman; font-size: 6.01pt; margin-left: 0.0pt;">3</span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">% of the Fund&#8217;s </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">Managed Assets (as defined herein) after such issuance and/or borrowing.</span></div> </div> </td> </tr>
<tr style="height: 186.3pt;">
<td style="background-color: #ffffff; padding-bottom: 7pt; padding-top: 7pt; vertical-align: Top; width: 131.5pt;"> <div style="line-height: 0.5pt; text-align: left;"> <div style="margin-right: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">&#160;</span></div> </div> </td>
<td style="background-color: #ffffff; padding-bottom: 7pt; padding-top: 7pt; vertical-align: Top; width: 384.5pt;"> <div style="line-height: 11.02pt; text-align: left;"> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">As of May 31, 2021, outstanding Borrowings under the Fund&#8217;s committed facility agreement </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">were $38.5&#160;million, which represented approximately 3.1% of the Fund&#8217;s Managed Assets as </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">of such date. In addition, as of May 31, 2021, the Fund had reverse repurchase agreements </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">outstanding representing Financial Leverage equal to approximately 26.8% of the Fund&#8217;s </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">Managed Assets. As of May&#160;31, 2021, the Fund&#8217;s total Financial Leverage represented </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">approximately 29.9% of the Fund&#8217;s Managed Assets. The Fund&#8217;s total Financial Leverage may </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">vary significantly over time based on the Sub-Adviser&#8217;s assessment of market and economic </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">conditions, available investment opportunities and cost of Financial Leverage. The Fund has at </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">times used significantly greater levels of Financial Leverage than on May&#160;31, 2021, including </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">at times using Financial Leverage to the maximum extent permitted under the 1940 Act and </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">the parameters set forth herein. The Fund may in the future increase Financial Leverage up to </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">the parameters set forth herein. The Fund maintains a committed facility agreement with BNP </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">Paribas Prime Brokerage International, Ltd. (&#8220;BNP Paribas&#8221;) pursuant to which the Fund may </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">borrow up to $80&#160;million (this amount will increase to the greater of $750&#160;million or 50% of </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">the Net Asset Value of the Fund at the closing of the mergers of Guggenheim Enhanced Equity </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">Income Fund and Guggenheim Credit Allocation Fund into the Fund).</span></div> </div> </td> </tr>
<tr style="height: 32.02pt;">
<td style="background-color: #ffffff; padding-bottom: 7pt; padding-top: 7pt; vertical-align: Top; width: 131.5pt;"> <div style="line-height: 0.5pt; text-align: left;"> <div style="margin-right: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">&#160;</span></div> </div> </td>
<td style="background-color: #ffffff; padding-bottom: 7pt; padding-top: 7pt; vertical-align: Top; width: 384.5pt;"> <div style="line-height: 11.02pt; text-align: left;"> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">On May 31, 2021, the Fund had $38.5 million in outstanding Borrowings under the Fund&#8217;s </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">committed facility agreement.</span></div> </div> </td> </tr>
<tr style="height: 142.22pt;">
<td style="background-color: #ffffff; padding-bottom: 7pt; padding-top: 7pt; vertical-align: Top; width: 131.5pt;"> <div style="line-height: 0.5pt; text-align: left;"> <div style="margin-right: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">&#160;</span></div> </div> </td>
<td style="background-color: #ffffff; padding-bottom: 7pt; padding-top: 7pt; vertical-align: Top; width: 384.5pt;"> <div style="line-height: 11.02pt; text-align: left;"> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">Although the use of Financial Leverage and leveraged transactions by the Fund may create an </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">opportunity for increased total return for the Common Shares, it also results in additional risks </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">and can magnify the effect of any losses. Financial Leverage and the use of leveraged </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">transactions involve risks and special considerations for shareholders, including the likelihood </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">of greater volatility of net asset value and market price of, and dividends on, the Common </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">Shares. To the extent the Fund increases its amount of Financial Leverage and leveraged </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">transactions outstanding, it will be more exposed to these risks. The cost of Financial Leverage </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">and leveraged transactions, including the portion of the investment advisory fee attributable to </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">the assets purchased with the proceeds of Financial Leverage and leveraged transactions, is </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">borne by holders of the Common Shares. To the extent the Fund increases its amount of </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">Financial Leverage and leveraged transactions outstanding, the Fund&#8217;s annual expenses as a </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">percentage of net assets attributable to Common Shares will increase.</span></div> </div> </td> </tr>
<tr style="height: 109.16pt;">
<td style="background-color: #ffffff; padding-bottom: 7pt; padding-top: 7pt; vertical-align: Top; width: 131.5pt;"> <div style="line-height: 0.5pt; text-align: left;"> <div style="margin-right: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">&#160;</span></div> </div> </td>
<td style="background-color: #ffffff; padding-bottom: 7pt; padding-top: 7pt; vertical-align: Top; width: 384.5pt;"> <div style="line-height: 11.02pt; text-align: left;"> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">Under the 1940 Act the Fund may not utilize Borrowings if, immediately after incurring such </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">Borrowing, the Fund would have asset coverage (as defined in the 1940 Act) of less than </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">300% (i.e., for every dollar of Borrowings outstanding, the Fund is required to have at least </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">three dollars of assets). Under the 1940 Act, the Fund may not issue Preferred Shares if, </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">immediately after issuance, the Fund would have asset coverage (as defined in the 1940 Act) </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">of less than 200% (i.e., for every dollar of Preferred Shares outstanding, the Fund is required </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">to have at least two dollars of assets). The Fund has no present intention to issue Preferred </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">Shares. The Fund may also borrow in excess of such limit for temporary purposes such as the </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">settlement of transactions.</span></div> </div> </td> </tr>
<tr style="height: 102.16pt;">
<td style="background-color: #ffffff; padding-bottom: 1.5pt; padding-top: 7pt; vertical-align: Top; width: 131.5pt;"> <div style="line-height: 0.5pt; text-align: left;"> <div style="margin-right: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">&#160;</span></div> </div> </td>
<td style="background-color: #ffffff; padding-bottom: 1.5pt; padding-top: 7pt; vertical-align: Top; width: 384.5pt;"> <div style="line-height: 11.02pt; text-align: left;"> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">With respect to leverage incurred through investments in reverse repurchase agreements, </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">dollar rolls or similar transactions, under current regulatory requirements, the Fund intends to </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">earmark or segregate cash or liquid securities in accordance with applicable interpretations of </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">the SEC and the staff of the SEC. As a result of such segregation, under current regulatory </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">requirements, the Fund&#8217;s obligations under such transactions will not be considered </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">indebtedness for purposes of the 1940 Act and the Fund&#8217;s use of leverage through reverse </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">repurchase agreements will not be limited by the 1940 Act asset coverage requirements. </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">However, the Fund&#8217;s use of leverage through reverse repurchase agreements, dollar rolls and </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">similar transactions will be included when calculating the Fund&#8217;s Financial Leverage, and </span></div> </div> </td> </tr> </table> </div> </div> <div style="clear: both;"></div> <div style="float: left; margin-left: 39pt; margin-top: 12pt; width: 516pt; min-height: 12pt;"> <div style="line-height: 10.02pt; text-align: center;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; line-height: 10.02pt; margin-left: 0%;">6</span></div> </div> </div> </div> <div style="float: left; margin-bottom: 5.0pt; width: 100%;"></div> <hr style="clear: both; margin: 40.0pt 0.25pt 0.25pt 0.25pt;" /></div> <div> <div><a id="xx_4afe4159-96c7-4c11-87a9-46b0c559bfad_7"></a> <div style="page-break-after: always; position: relative;"> <div style="clear: both;"></div> <div style="float: left; margin-left: 39pt; margin-top: 36pt; width: 516pt; min-height: 696pt;"> <div style="margin-top: 0.0pt;">
<table style="empty-cells: show; width: 516pt;" cellpadding="0" cellspacing="0">
<tr style="height: 39.04pt;">
<td style="background-color: #ffffff; padding-bottom: 7pt; padding-top: 7pt; vertical-align: Top; width: 131.5pt;"> <div style="line-height: 0.5pt; text-align: left;"> <div style="margin-right: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">&#160;</span></div> </div> </td>
<td style="background-color: #ffffff; padding-bottom: 7pt; padding-top: 7pt; vertical-align: Top; width: 384.5pt;"> <div style="line-height: 11.02pt; text-align: left;"> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">therefore is not currently expected to exceed 33</span><span style="color: #000000; font-family: times new roman; font-size: 6.01pt; margin-left: 0.0pt; position: relative; top: -2.67pt;">&#8202;1</span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">&#8725;</span><span style="color: #000000; font-family: times new roman; font-size: 6.01pt; margin-left: 0.0pt;">3</span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">% of the Fund&#8217;s Managed Assets, under </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">current regulatory requirements, and may be further limited by the availability of cash or </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">liquid securities to earmark or segregate in connection with such transactions.</span></div> </div> </td> </tr>
<tr style="height: 109.16pt;">
<td style="background-color: #ffffff; padding-bottom: 7pt; padding-top: 7pt; vertical-align: Top; width: 131.5pt;"> <div style="line-height: 0.5pt; text-align: left;"> <div style="margin-right: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">&#160;</span></div> </div> </td>
<td style="background-color: #ffffff; padding-bottom: 7pt; padding-top: 7pt; vertical-align: Top; width: 384.5pt;"> <div style="line-height: 11.02pt; text-align: left;"> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">In addition, the Fund may engage in certain derivatives transactions that have economic </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">characteristics similar to leverage. To the extent the terms of such leveraged transactions </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">obligate the Fund to make payments, under current regulatory requirements, the Fund intends </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">to earmark or segregate cash or liquid securities in an amount at least equal to the current </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">value of the amount then payable by the Fund under the terms of such transactions or </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">otherwise cover such transactions in accordance with applicable interpretations of the SEC </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">and the staff of the SEC. As a result of such segregation or cover, the Fund&#8217;s obligations under </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">such leveraged transactions will not be considered indebtedness for purposes of the 1940 Act </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">and will not be included in calculating the aggregate amount of the Fund&#8217;s Financial Leverage.</span></div> </div> </td> </tr>
<tr style="height: 197.32pt;">
<td style="background-color: #ffffff; padding-bottom: 7pt; padding-top: 7pt; vertical-align: Top; width: 131.5pt;"> <div style="line-height: 0.5pt; text-align: left;"> <div style="margin-right: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">&#160;</span></div> </div> </td>
<td style="background-color: #ffffff; padding-bottom: 7pt; padding-top: 7pt; vertical-align: Top; width: 384.5pt;"> <div style="line-height: 11.02pt; text-align: left;"> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">So long as the net rate of return on the Fund&#8217;s investments purchased with the proceeds of </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">Financial Leverage and leveraged transactions exceeds the cost of such Financial Leverage </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">and leveraged transactions, such excess amounts will be available to pay higher distributions </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">to holders of the Fund&#8217;s Common Shares. In connection with the Fund&#8217;s use of Financial </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">Leverage, the Fund may seek to hedge the interest rate risks associated with the Financial </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">Leverage through interest rate swaps, caps or other derivative transactions. There can be no </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">assurance that the Fund&#8217;s Financial Leverage and leveraged transactions strategy will be </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">successful during any period during which it is employed. The costs associated with the </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">issuance of Financial Leverage and leveraged transactions will be borne by Common </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">Shareholders, which will result in a reduction of net asset value of Common Shares. The fee </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">paid to the Investment Adviser will be calculated on the basis of the Fund&#8217;s Managed Assets, </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">including proceeds from Financial Leverage, so the fees paid to the Investment Adviser will be </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">higher when Financial Leverage is utilized. Common Shareholders bear the portion of the </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">investment advisory fee attributable to the assets purchased with the proceeds of Financial </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">Leverage, which means that Common Shareholders effectively bear the entire advisory fee. </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">See &#8220;Use of Financial Leverage&#8221; and &#8220;Risks&#8212; Financial Leverage and Leveraged </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">Transactions Risk.&#8221;</span></div> </div> </td> </tr>
<tr style="height: 76.1pt;">
<td style="background-color: #ffffff; padding-bottom: 7pt; padding-top: 7pt; vertical-align: Top; width: 131.5pt;"> <div style="line-height: 11.02pt; text-align: left;"> <div style="margin-right: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-weight: bold; margin-left: 0.0pt;">Other Investment Practices</span></div> </div> </td>
<td style="background-color: #ffffff; padding-bottom: 7pt; padding-top: 7pt; vertical-align: Top; width: 384.5pt;"> <div style="line-height: 11.02pt; text-align: left;"> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-style: italic; margin-left: 0.0pt;">Temporary Investments</span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">. At any time when a temporary posture is believed by the Sub-Adviser </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">to be warranted (a &#8220;temporary period&#8221;), the Fund may, without limitation, hold cash or invest </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">its assets in money market instruments and repurchase agreements in respect of those </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">instruments. The Fund may not achieve its investment objective during a temporary period or </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">be able to sustain its historical distribution levels. See &#8220;Investment Objective and Policies&#8212;</span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">Temporary Investments.&#8221;</span></div> </div> </td> </tr>
<tr style="height: 186.3pt;">
<td style="background-color: #ffffff; padding-bottom: 7pt; padding-top: 7pt; vertical-align: Top; width: 131.5pt;"> <div style="line-height: 11.02pt; text-align: left;"> <div style="margin-right: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-weight: bold; margin-left: 0.0pt;">Management of the Fund</span></div> </div> </td>
<td style="background-color: #ffffff; padding-bottom: 7pt; padding-top: 7pt; vertical-align: Top; width: 384.5pt;"> <div style="line-height: 11.02pt; text-align: left;"> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">Guggenheim Funds Investment Advisors, LLC acts as the Fund&#8217;s Investment Adviser pursuant </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">to an advisory agreement with the Fund (the &#8220;Advisory Agreement&#8221;). Pursuant to the </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">Advisory Agreement, the Investment Adviser is responsible for the management of the Fund </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">and administers the affairs of the Fund to the extent requested by the Board of Trustees. As </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">compensation for its services, the Fund pays the Investment Adviser a fee, payable monthly in </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">arrears at an annual rate equal to 1.00% of the Fund&#8217;s average daily Managed Assets. </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">&#8220;Managed Assets&#8221; for purposes of the Advisory and Sub-Advisory Agreements (as defined </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">herein) means the total assets of the Fund (other than assets attributable to any investments by </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">the Fund in Affiliated Investment Funds), including the assets attributable to the proceeds </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">from any borrowings or other forms of financial leverage, minus liabilities, other than </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">liabilities related to any financial leverage. &#8220;Affiliated Investment Funds&#8221; means investment </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">companies, including registered investment companies, private investment funds and/or other </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">pooled investment vehicles, advised or managed by the Fund&#8217;s investment Sub-Adviser or any </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">of its affiliates. &#8220;Managed Assets&#8221; for all other purposes means the total assets of the Fund, </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">including the assets attributable to the proceeds from any borrowings or other forms of </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">Financial Leverage, minus liabilities, other than liabilities related to any Financial Leverage.</span></div> </div> </td> </tr>
<tr style="height: 80.12pt;">
<td style="background-color: #ffffff; padding-bottom: 1.5pt; padding-top: 7pt; vertical-align: Top; width: 131.5pt;"> <div style="line-height: 0.5pt; text-align: left;"> <div style="margin-right: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">&#160;</span></div> </div> </td>
<td style="background-color: #ffffff; padding-bottom: 1.5pt; padding-top: 7pt; vertical-align: Top; width: 384.5pt;"> <div style="line-height: 11.02pt; text-align: left;"> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">Guggenheim Partners Investment Management, LLC acts as the Fund&#8217;s Sub-Adviser pursuant </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">to a sub-advisory agreement with the Fund and the Investment Adviser (the &#8220;Sub-Advisory </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">Agreement&#8221;). Pursuant to the Sub-Advisory Agreement, the Sub-Adviser is responsible for </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">the management of the Fund&#8217;s portfolio of securities. As compensation for its services, the </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">Investment Adviser pays the Sub-Adviser a fee, payable monthly in arrears at an annual rate </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">equal to 0.50% of the Fund&#8217;s average daily Managed Assets, less 0.50% of the Fund&#8217;s average </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">daily assets attributable to any investments by the Fund in Affiliated Investment Funds.</span></div> </div> </td> </tr> </table> </div> </div> <div style="clear: both;"></div> <div style="float: left; margin-left: 39pt; margin-top: 12pt; width: 516pt; min-height: 12pt;"> <div style="line-height: 10.02pt; text-align: center;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; line-height: 10.02pt; margin-left: 0%;">7</span></div> </div> </div> </div> <div style="float: left; margin-bottom: 5.0pt; width: 100%;"></div> <hr style="clear: both; margin: 40.0pt 0.25pt 0.25pt 0.25pt;" /></div> <div> <div><a id="xx_4afe4159-96c7-4c11-87a9-46b0c559bfad_8"></a> <div style="page-break-after: always; position: relative;"> <div style="clear: both;"></div> <div style="float: left; margin-left: 39pt; margin-top: 36pt; width: 516pt; min-height: 696pt;"> <div style="margin-top: 0.0pt;">
<table style="empty-cells: show; width: 516pt;" cellpadding="0" cellspacing="0">
<tr style="height: 28.02pt;">
<td style="background-color: #ffffff; padding-bottom: 7pt; padding-top: 7pt; vertical-align: Top; width: 131.5pt;"> <div style="line-height: 0.5pt; text-align: left;"> <div style="margin-right: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">&#160;</span></div> </div> </td>
<td style="background-color: #ffffff; padding-bottom: 7pt; padding-top: 7pt; vertical-align: Top; width: 384.5pt;"> <div style="line-height: 11.02pt; text-align: left;"> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">Each of the Investment Adviser and the Sub-Adviser are wholly-owned subsidiaries of </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">Guggenheim Partners.</span></div> </div> </td> </tr>
<tr style="height: 340.58pt;">
<td style="background-color: #ffffff; padding-bottom: 7pt; padding-top: 7pt; vertical-align: Top; width: 131.5pt;"> <div style="line-height: 11.02pt; text-align: left;"> <div style="margin-right: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-weight: bold; margin-left: 0.0pt;">Distributions</span></div> </div> </td>
<td style="background-color: #ffffff; padding-bottom: 7pt; padding-top: 7pt; vertical-align: Top; width: 384.5pt;"> <div style="line-height: 11.02pt; text-align: left;"> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">The Fund intends to pay substantially all of its net investment income to Common </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">Shareholders through monthly distributions. In addition, the Fund intends to distribute any net </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">long-term capital gains to Common Shareholders as long-term capital gain dividends at least </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">annually. The Fund expects that distributions paid on the Common Shares will consist of </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">(i) investment company taxable income, which includes, among other things, ordinary income, </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">short-term capital gain and income from certain hedging and interest rate transactions, </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">(ii) qualified dividend income and (iii) long-term capital gain (gain from the sale of a capital </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">asset held longer than one year). Distributions may be paid by the Fund from any permitted </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">source and, from time to time, all or a portion of a distribution may be a return of capital. To </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">the extent the Fund receives dividends with respect to its investments in Common Equity </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">Securities that consist of qualified dividend income (income from domestic and certain </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">foreign corporations), a portion of the Fund&#8217;s distributions to its Common Shareholders may </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">consist of qualified dividend income. The Fund cannot assure you, however, as to what </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">percentage of the dividends paid on the Common Shares, if any, will consist of qualified </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">dividend income or long-term capital gains, which are taxed at lower rates for individuals than </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">ordinary income. In certain circumstances, the Fund may elect to retain income or capital gain </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">and pay income or excise tax on such undistributed amount, to the extent that the Board of </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">Trustees, in consultation with Fund management, determines it to be in the best interest of </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">shareholders to do so. Alternatively, the distributions paid by the Fund for any particular </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">month may be more than the amount of net investment income from that monthly period. As a </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">result, all or a portion of a distribution may be a return of capital, which is in effect a partial </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">return of the amount a Common Shareholder invested in the Fund, up to the amount of the </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">Common Shareholder&#8217;s tax basis in their Common Shares, which would reduce such tax basis. </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">Although a return of capital may not be taxable, it will generally increase the Common </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">Shareholder&#8217;s potential gain, or reduce the Common Shareholder&#8217;s potential loss, on any </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">subsequent sale or other disposition of Common Shares. Shareholders who periodically </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">receive the payment of a distribution consisting of a return of capital may be under the </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">impression that they are receiving net income or profits when they are not. Shareholders </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">should not assume that the source of a distribution from the Fund is net income or profit. See </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">&#8220;Distributions.&#8221;</span></div> </div> </td> </tr>
<tr style="height: 98.14pt;">
<td style="background-color: #ffffff; padding-bottom: 7pt; padding-top: 7pt; vertical-align: Top; width: 131.5pt;"> <div style="line-height: 0.5pt; text-align: left;"> <div style="margin-right: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">&#160;</span></div> </div> </td>
<td style="background-color: #ffffff; padding-bottom: 7pt; padding-top: 7pt; vertical-align: Top; width: 384.5pt;"> <div style="line-height: 11.02pt; text-align: left;"> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">If you hold your Common Shares in your own name or if you hold your Common Shares with </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">a brokerage firm that participates in the Fund&#8217;s Dividend Reinvestment Plan (the &#8220;Plan&#8221;), </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">unless you elect to receive cash, all dividends and distributions that are declared by the Fund </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">will be automatically reinvested in additional Common Shares of the Fund pursuant to the </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">Plan. If you hold your Common Shares with a brokerage firm that does not participate in the </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">Plan, you will not be able to participate in the Plan and any dividend reinvestment may be </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">effected on different terms than those described above. Consult your financial adviser for </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">more information. See &#8220;Dividend Reinvestment Plan.&#8221;</span></div> </div> </td> </tr>
<tr style="height: 65.08pt;">
<td style="background-color: #ffffff; padding-bottom: 7pt; padding-top: 7pt; vertical-align: Top; width: 131.5pt;"> <div style="line-height: 11.02pt; text-align: left;"> <div style="margin-right: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-weight: bold; margin-left: 0.0pt;">Listing and Symbol</span></div> </div> </td>
<td style="background-color: #ffffff; padding-bottom: 7pt; padding-top: 7pt; vertical-align: Top; width: 384.5pt;"> <div style="line-height: 11.02pt; text-align: left;"> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">The Fund&#8217;s currently outstanding Common Shares are, and the Common Shares offered in this </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">Prospectus will be, listed on the New York Stock Exchange (the &#8220;NYSE&#8221;) under the symbol </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">&#8220;GOF.&#8221; The net asset value of the Common Shares at the close of business on </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">September 7, 2021 was $17.10 per share and the last sale price of the Common Shares on the </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">NYSE on such date was $21.34, representing a premium to net asset value of 24.80%.</span></div> </div> </td> </tr>
<tr style="height: 120.18pt;">
<td style="background-color: #ffffff; padding-bottom: 7pt; padding-top: 7pt; vertical-align: Top; width: 131.5pt;"> <div style="line-height: 11.02pt; text-align: left;"> <div style="margin-right: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-weight: bold; margin-left: 0.0pt;">Special Risk Considerations</span></div> </div> </td>
<td style="background-color: #ffffff; padding-bottom: 7pt; padding-top: 7pt; vertical-align: Top; width: 384.5pt;"> <div style="line-height: 11.02pt; text-align: left;"> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-style: italic; margin-left: 0.0pt;">Not a Complete Investment Program</span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">. An investment in the Common Shares of the Fund </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">should not be considered a complete investment program. The Fund is intended for long-term </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">investors seeking current income and capital appreciation. An investment in the Fund is not </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">meant to provide a vehicle for those who wish to play short-term swings in the market. Each </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">Common Shareholder should take into account the Fund&#8217;s investment objective as well as the </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">Common Shareholder&#8217;s other investments when considering an investment in the Fund. Before </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">making an investment decision, a prospective investor should consider (i) the suitability of this </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">investment with respect to his or her investment objectives and personal situation and </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">(ii) factors such as his or her personal net worth, income, age, risk tolerance and liquidity </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">needs. See &#8220;Risks&#8212;Not a Complete Investment Program.&#8221;</span></div> </div> </td> </tr>
<tr style="height: 36.04pt;">
<td style="background-color: #ffffff; padding-bottom: 1.5pt; padding-top: 7pt; vertical-align: Top; width: 131.5pt;"> <div style="line-height: 0.5pt; text-align: left;"> <div style="margin-right: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">&#160;</span></div> </div> </td>
<td style="background-color: #ffffff; padding-bottom: 1.5pt; padding-top: 7pt; vertical-align: Top; width: 384.5pt;"> <div style="line-height: 11.02pt; text-align: left;"> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-style: italic; margin-left: 0.0pt;">Investment and Market Risk</span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">. An investment in the Common Shares of the Fund is subject to </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">investment risk, particularly under current economic, financial, labor and health conditions, </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">including the possible loss of the entire principal amount that you invest. The global ongoing </span></div> </div> </td> </tr> </table> </div> </div> <div style="clear: both;"></div> <div style="float: left; margin-left: 39pt; margin-top: 12pt; width: 516pt; min-height: 12pt;"> <div style="line-height: 10.02pt; text-align: center;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; line-height: 10.02pt; margin-left: 0%;">8</span></div> </div> </div> </div> <div style="float: left; margin-bottom: 5.0pt; width: 100%;"></div> <hr style="clear: both; margin: 40.0pt 0.25pt 0.25pt 0.25pt;" /></div> <div> <div><a id="xx_4afe4159-96c7-4c11-87a9-46b0c559bfad_9"></a> <div style="page-break-after: always; position: relative;"> <div style="clear: both;"></div> <div style="float: left; margin-left: 39pt; margin-top: 36pt; width: 516pt; min-height: 696pt;"> <div style="margin-top: 0.0pt;">
<table style="empty-cells: show; width: 516pt;" cellpadding="0" cellspacing="0">
<tr style="height: 127.2pt;">
<td style="background-color: #ffffff; padding-bottom: 7pt; padding-top: 7pt; vertical-align: Top; width: 131.5pt;"> <div style="line-height: 0.5pt; text-align: left;"> <div style="margin-right: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">&#160;</span></div> </div> </td>
<td style="background-color: #ffffff; padding-bottom: 7pt; padding-top: 7pt; vertical-align: Top; width: 384.5pt;"> <div style="line-height: 11.02pt; text-align: left;"> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">crisis caused by the outbreak of COVID-19 and the current recovery underway is causing </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">disruption to consumer demand and economic output and supply chains. There are still travel </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">restrictions and quarantines, and adverse impacts on local and global economies. Investors </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">should be aware that in light of the current uncertainty, volatility and distress in economies, </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">financial markets, and labor and public health conditions around the world, the Fund&#8217;s </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">investments and a shareholder&#8217;s investment in the Fund are subject to sudden and substantial </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">losses, increased volatility and other adverse events. Firms through which investors invest with </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">the Fund, the Fund, its service providers, the markets in which it invests and market </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">intermediaries are also impacted by and similar measures intended to respond to and contain </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">the ongoing pandemic, which can obstruct their functioning and subject them to heightened </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">operational and other risks.</span></div> </div> </td> </tr>
<tr style="height: 219.36pt;">
<td style="background-color: #ffffff; padding-bottom: 7pt; padding-top: 7pt; vertical-align: Top; width: 131.5pt;"> <div style="line-height: 0.5pt; text-align: left;"> <div style="margin-right: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">&#160;</span></div> </div> </td>
<td style="background-color: #ffffff; padding-bottom: 7pt; padding-top: 7pt; vertical-align: Top; width: 384.5pt;"> <div style="line-height: 11.02pt; text-align: left;"> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">An investment in the Common Shares of the Fund represents an indirect investment in the </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">securities owned by the Fund. The value of, or income generated by, the investments held by </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">the Fund are subject to the possibility of rapid and unpredictable fluctuation. These </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">movements may result from factors affecting individual companies, or from broader </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">influences, including real or perceived changes in prevailing interest rates, changes in inflation </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">or expectations about inflation, investor confidence or economic, political, social or financial </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">market conditions, natural/environmental disasters, cyber-attacks, terrorism, governmental or </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">quasi-governmental actions, public health emergencies (such as the spread of infectious </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">diseases, pandemics and epidemics) and other similar events, that each of which may be </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">temporary or last for extended periods. For example, the risks of a borrower&#8217;s default or </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">bankruptcy or non-payment of scheduled interest or principal payments from senior floating </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">rate interests held by the Fund are especially acute under these conditions. Furthermore, </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">interest rates and bond yields may fall as a result of types of events, including responses by </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">governmental entities to such events, which would magnify the Fund&#8217;s fixed-income </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">instruments&#8217; susceptibility to interest rate risk and diminish their yield and performance. </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">Moreover, the Fund&#8217;s investments in ABS are subject to many of the same risks that are </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">applicable to investments in securities generally, including interest rate risk, credit risk, </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">foreign currency risk, below-investment grade securities risk, financial leverage risk, </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">prepayment and regulatory risk, which would be elevated under the foregoing circumstances.</span></div> </div> </td> </tr>
<tr style="height: 208.34pt;">
<td style="background-color: #ffffff; padding-bottom: 7pt; padding-top: 7pt; vertical-align: Top; width: 131.5pt;"> <div style="line-height: 0.5pt; text-align: left;"> <div style="margin-right: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">&#160;</span></div> </div> </td>
<td style="background-color: #ffffff; padding-bottom: 7pt; padding-top: 7pt; vertical-align: Top; width: 384.5pt;"> <div style="line-height: 11.02pt; text-align: left;"> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">Different sectors, industries and security types may react differently to such developments and, </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">when the market performs well, there is no assurance that the Fund&#8217;s investments will increase </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">in value along with the broader markets. Volatility of financial markets, including potentially </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">extreme volatility caused by the events described above or other events, can expose the Fund </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">to greater market risk than normal, possibly resulting in greatly reduced liquidity. Moreover, </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">changing economic, political, social or financial market conditions in one country or </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">geographic region could adversely affect the value, yield and return of the investments held by </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">the Fund in a different country or geographic region because of the increasingly </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">interconnected global economies and financial markets. The Adviser potentially could be </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">prevented from considering, managing and executing investment decisions at an advantageous </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">time or price or at all as a result of any domestic or global market or other disruptions, </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">particularly disruptions causing heightened market volatility and reduced market liquidity, </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">such as the current conditions, which have also resulted in impediments to the normal </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">functioning of workforces, including personnel and systems of the Fund&#8217;s service providers </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">and market intermediaries. The value of the securities owned by the Fund may decline due to </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">general market conditions that are not specifically related to a particular issuer, such as real or </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">perceived economic conditions, changes in interest or currency rates or changes in investor </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">sentiment or market outlook generally.</span></div> </div> </td> </tr>
<tr style="height: 43.04pt;">
<td style="background-color: #ffffff; padding-bottom: 7pt; padding-top: 7pt; vertical-align: Top; width: 131.5pt;"> <div style="line-height: 0.5pt; text-align: left;"> <div style="margin-right: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">&#160;</span></div> </div> </td>
<td style="background-color: #ffffff; padding-bottom: 7pt; padding-top: 7pt; vertical-align: Top; width: 384.5pt;"> <div style="line-height: 11.02pt; text-align: left;"> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">At any point in time, your Common Shares may be worth less than your original investment, </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">including the reinvestment of Fund dividends and distributions. See &#8220;Risks&#8212;Investment and </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">Market Risk.&#8221;</span></div> </div> </td> </tr>
<tr style="height: 80.12pt;">
<td style="background-color: #ffffff; padding-bottom: 1.5pt; padding-top: 7pt; vertical-align: Top; width: 131.5pt;"> <div style="line-height: 0.5pt; text-align: left;"> <div style="margin-right: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">&#160;</span></div> </div> </td>
<td style="background-color: #ffffff; padding-bottom: 1.5pt; padding-top: 7pt; vertical-align: Top; width: 384.5pt;"> <div style="line-height: 11.02pt; text-align: left;"> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-style: italic; margin-left: 0.0pt;">Management Risk</span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">. The Fund is subject to management risk because it has an actively managed </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">portfolio. The Sub-Adviser will apply investment techniques and risk analysis in making </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">investment decisions for the Fund, but there can be no guarantee that these will produce the </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">desired results. The Fund&#8217;s allocation of its investments across various asset classes and </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">sectors may vary significantly over time based on the Adviser&#8217;s analysis and judgment. As a </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">result, the particular risks most relevant to an investment in the Fund, as well as the overall </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">risk profile of the Fund&#8217;s portfolio, may vary over time. See &#8220;Risks&#8212;Management Risk.&#8221;</span></div> </div> </td> </tr> </table> </div> </div> <div style="clear: both;"></div> <div style="float: left; margin-left: 39pt; margin-top: 12pt; width: 516pt; min-height: 12pt;"> <div style="line-height: 10.02pt; text-align: center;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; line-height: 10.02pt; margin-left: 0%;">9</span></div> </div> </div> </div> <div style="float: left; margin-bottom: 5.0pt; width: 100%;"></div> <hr style="clear: both; margin: 40.0pt 0.25pt 0.25pt 0.25pt;" /></div> <div> <div><a id="xx_4afe4159-96c7-4c11-87a9-46b0c559bfad_10"></a> <div style="page-break-after: always; position: relative;"> <div style="clear: both;"></div> <div style="float: left; margin-left: 39pt; margin-top: 36pt; width: 516pt; min-height: 696pt;"> <div style="margin-top: 0.0pt;">
<table style="empty-cells: show; width: 516pt;" cellpadding="0" cellspacing="0">
<tr style="height: 72.1pt;">
<td style="background-color: #ffffff; padding-bottom: 7pt; padding-top: 7pt; vertical-align: Top; width: 131.5pt;"> <div style="line-height: 0.5pt; text-align: left;"> <div style="margin-right: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">&#160;</span></div> </div> </td>
<td style="background-color: #ffffff; padding-bottom: 7pt; padding-top: 7pt; vertical-align: Top; width: 384.5pt;"> <div style="line-height: 11.02pt; text-align: left;"> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-style: italic; margin-left: 0.0pt;">Income Risk</span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">. The income investors receive from the Fund is based primarily on the interest it </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">earns from its investments in Income Securities, which can vary widely over the short- and </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">long-term. If prevailing market interest rates drop, investors&#8217; income from the Fund could drop </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">as well. The Fund&#8217;s income could also be affected adversely when prevailing short-term </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">interest rates increase and the Fund is utilizing leverage, although this risk is mitigated to the </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">extent the Fund invests in floating-rate obligations. See &#8220;Risks&#8212;Income Risk.&#8221;</span></div> </div> </td> </tr>
<tr style="height: 219.36pt;">
<td style="background-color: #ffffff; padding-bottom: 7pt; padding-top: 7pt; vertical-align: Top; width: 131.5pt;"> <div style="line-height: 0.5pt; text-align: left;"> <div style="margin-right: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">&#160;</span></div> </div> </td>
<td style="background-color: #ffffff; padding-bottom: 7pt; padding-top: 7pt; vertical-align: Top; width: 384.5pt;"> <div style="line-height: 11.02pt; text-align: left;"> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-style: italic; margin-left: 0.0pt;">Dividend Risk</span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">. Dividends on common stock and other Common Equity Securities which the </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">Fund may hold are not fixed but are declared at the discretion of an issuer&#8217;s board of directors. </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">There is no guarantee that the issuers of the Common Equity Securities in which the Fund </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">invests will declare dividends in the future or that, if declared, they will remain at current </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">levels or increase over time. Therefore, there is the possibility that such companies could </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">reduce or eliminate the payment of dividends in the future or the anticipated acceleration of </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">dividends could not occur as a result of, among other things, a sharp rise in interest rates or an </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">economic downturn. Changes in the dividend policies of companies and capital resources </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">available for these companies&#8217; dividend payments may adversely affect the Fund. Depending </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">upon market conditions, dividend-paying stocks that meet the Fund&#8217;s investment criteria may </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">not be widely available and/or may be highly concentrated in only a few market sectors. These </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">circumstances may result from issuer-specific events, adverse economic or market </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">developments, or legislative or regulatory changes or other developments that limit an issuer&#8217;s </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">ability to declare and pay dividends, which would affect the Fund&#8217;s performance and ability to </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">generate income. The dividend income from the Fund&#8217;s investment in Common Equity </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">Securities will be influenced by both general economic activity and issuer-specific factors. In </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">the event of adverse changes in economic conditions or adverse events effecting a specific </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">industry or issuer, the issuers of the Common Equity Securities held by the Fund may reduce </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">the dividends paid on such securities. See &#8220;Risks&#8212;Dividend Risk.&#8221;</span></div> </div> </td> </tr>
<tr style="height: 32.02pt;">
<td style="background-color: #ffffff; padding-bottom: 7pt; padding-top: 7pt; vertical-align: Top; width: 131.5pt;"> <div style="line-height: 0.5pt; text-align: left;"> <div style="margin-right: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">&#160;</span></div> </div> </td>
<td style="background-color: #ffffff; padding-bottom: 7pt; padding-top: 7pt; vertical-align: Top; width: 384.5pt;"> <div style="line-height: 11.02pt; text-align: left;"> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-style: italic; margin-left: 0.0pt;">Income Securities Risk</span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">. In addition to the risks discussed above, Income Securities, including </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">high-yield bonds, are subject to certain risks, including:</span></div> </div> </td> </tr>
<tr style="height: 54.06pt;">
<td style="background-color: #ffffff; padding-bottom: 7pt; padding-top: 7pt; vertical-align: Top; width: 131.5pt;"> <div style="line-height: 0.5pt; text-align: left;"> <div style="margin-right: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">&#160;</span></div> </div> </td>
<td style="background-color: #ffffff; padding-bottom: 7pt; padding-top: 7pt; vertical-align: Top; width: 384.5pt;"> <div style="line-height: 11.02pt; text-align: left;"> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt; text-decoration: underline;">Issuer Risk</span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">. The value of Income Securities may decline for a number of reasons which </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">directly relate to the issuer, such as management performance, financial leverage, reduced </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">demand for the issuer&#8217;s goods and services, historical and projected earnings, and the value of </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">its assets.</span></div> </div> </td> </tr>
<tr style="height: 32.02pt;">
<td style="background-color: #ffffff; padding-bottom: 7pt; padding-top: 7pt; vertical-align: Top; width: 131.5pt;"> <div style="line-height: 0.5pt; text-align: left;"> <div style="margin-right: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">&#160;</span></div> </div> </td>
<td style="background-color: #ffffff; padding-bottom: 7pt; padding-top: 7pt; vertical-align: Top; width: 384.5pt;"> <div style="line-height: 11.02pt; text-align: left;"> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt; text-decoration: underline;">Spread Risk</span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">. Spread risk is the risk that the market price can change due to broad based </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">movements in spreads, which is particularly relevant in the current low spread environment.</span></div> </div> </td> </tr>
<tr style="height: 208.34pt;">
<td style="background-color: #ffffff; padding-bottom: 7pt; padding-top: 7pt; vertical-align: Top; width: 131.5pt;"> <div style="line-height: 0.5pt; text-align: left;"> <div style="margin-right: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">&#160;</span></div> </div> </td>
<td style="background-color: #ffffff; padding-bottom: 7pt; padding-top: 7pt; vertical-align: Top; width: 384.5pt;"> <div style="line-height: 11.02pt; text-align: left;"> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt; text-decoration: underline;">Credit Risk</span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">. The Fund could lose money if the issuer or guarantor of a debt instrument or a </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">counterparty to a derivatives transaction or other transaction (such as a repurchase agreement </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">or a loan of portfolio securities or other instruments) is unable or unwilling, or perceived to be </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">unable or unwilling, to pay interest or repay principal on time or defaults. If an issuer fails to </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">pay interest, the Fund&#8217;s income would likely be reduced, and if an issuer fails to repay </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">principal, the value of the instrument likely would fall and the Fund could lose money. This </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">risk is especially acute with respect to below investment grade debt instruments (commonly </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">referred to as &#8220;high-yield&#8221; or &#8220;junk&#8221; bonds) and unrated high risk debt instruments, whose </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">issuers are particularly susceptible to fail to meet principal or interest obligations under </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">current conditions. Also, the issuer, guarantor or counterparty may suffer adverse changes in </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">its financial condition or be adversely affected by economic, political or social conditions that </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">could lower the credit quality (or the market&#8217;s perception of the credit quality) of the issuer or </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">instrument, leading to greater volatility in the price of the instrument and in shares of the </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">Fund. Although credit quality may not accurately reflect the true credit risk of an instrument, a </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">change in the credit quality rating of an instrument or an issuer can have a rapid, adverse effect </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">on the instrument&#8217;s liquidity and make it more difficult for the Fund to sell at an advantageous </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">price or time. The risk of the occurrence of these types of events is heightened under current </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">conditions.</span></div> </div> </td> </tr>
<tr style="height: 69.1pt;">
<td style="background-color: #ffffff; padding-bottom: 1.5pt; padding-top: 7pt; vertical-align: Top; width: 131.5pt;"> <div style="line-height: 0.5pt; text-align: left;"> <div style="margin-right: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">&#160;</span></div> </div> </td>
<td style="background-color: #ffffff; padding-bottom: 1.5pt; padding-top: 7pt; vertical-align: Top; width: 384.5pt;"> <div style="line-height: 11.02pt; text-align: left;"> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">The degree of credit risk depends on the particular instrument and the financial condition of </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">the issuer, guarantor or counterparty, which are often reflected in its credit quality. Credit </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">quality is a measure of the issuer&#8217;s expected ability to make all required interest and principal </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">payments in a timely manner. An issuer with the highest credit rating has a very strong </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">capacity with respect to making all payments. An issuer with the second-highest credit rating </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">has a strong capacity to make all payments, but the degree of safety is somewhat less. An </span></div> </div> </td> </tr> </table> </div> </div> <div style="clear: both;"></div> <div style="float: left; margin-left: 39pt; margin-top: 12pt; width: 516pt; min-height: 12pt;"> <div style="line-height: 10.02pt; text-align: center;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; line-height: 10.02pt; margin-left: 0%;">10</span></div> </div> </div> </div> <div style="float: left; margin-bottom: 5.0pt; width: 100%;"></div> <hr style="clear: both; margin: 40.0pt 0.25pt 0.25pt 0.25pt;" /></div> <div> <div><a id="xx_4afe4159-96c7-4c11-87a9-46b0c559bfad_11"></a> <div style="page-break-after: always; position: relative;"> <div style="clear: both;"></div> <div style="float: left; margin-left: 39pt; margin-top: 36pt; width: 516pt; min-height: 696pt;"> <div style="margin-top: 0.0pt;">
<table style="empty-cells: show; width: 516pt;" cellpadding="0" cellspacing="0">
<tr style="height: 83.12pt;">
<td style="background-color: #ffffff; padding-bottom: 7pt; padding-top: 7pt; vertical-align: Top; width: 131.5pt;"> <div style="line-height: 0.5pt; text-align: left;"> <div style="margin-right: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">&#160;</span></div> </div> </td>
<td style="background-color: #ffffff; padding-bottom: 7pt; padding-top: 7pt; vertical-align: Top; width: 384.5pt;"> <div style="line-height: 11.02pt; text-align: left;"> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">issuer with the lowest credit quality rating may be in default or have extremely poor prospects </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">of making timely payment of interest and principal. Credit ratings assigned by rating agencies </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">are based on a number of factors and subjective judgments and therefore do not necessarily </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">represent an issuer&#8217;s actual financial condition or the volatility or liquidity of the security. </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">Although higher-rated securities generally present lower credit risk as compared to lower-rated </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">or unrated securities, an issuer with a high credit rating may in fact be exposed to heightened </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">levels of credit or liquidity risk.</span></div> </div> </td> </tr>
<tr style="height: 87.12pt;">
<td style="background-color: #ffffff; padding-bottom: 7pt; padding-top: 7pt; vertical-align: Top; width: 131.5pt;"> <div style="line-height: 0.5pt; text-align: left;"> <div style="margin-right: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">&#160;</span></div> </div> </td>
<td style="background-color: #ffffff; padding-bottom: 7pt; padding-top: 7pt; vertical-align: Top; width: 384.5pt;"> <div style="line-height: 11.02pt; text-align: left;"> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt; text-decoration: underline;">Interest Rate Risk</span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">. Fixed-income and other debt instruments are subject to the possibility that </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">interest rates could change (or are expected to change). Changes in interest rates, including </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">changes in reference rates used in fixed-income and other debt instruments, may adversely </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">affect the Fund&#8217;s investments in these instruments, such as the value or liquidity of, and </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">income generated by, the investments. In addition, changes in interest rates, including rates </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">that fall below zero, can have unpredictable effects on markets and can adversely affect the </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">Fund&#8217;s yield, income and performance.</span></div> </div> </td> </tr>
<tr style="height: 120.18pt;">
<td style="background-color: #ffffff; padding-bottom: 7pt; padding-top: 7pt; vertical-align: Top; width: 131.5pt;"> <div style="line-height: 0.5pt; text-align: left;"> <div style="margin-right: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">&#160;</span></div> </div> </td>
<td style="background-color: #ffffff; padding-bottom: 7pt; padding-top: 7pt; vertical-align: Top; width: 384.5pt;"> <div style="line-height: 11.02pt; text-align: left;"> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">The value of a debt instrument with a longer duration will generally be more sensitive to </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">interest rate changes than a similar instrument with a shorter duration. Similarly, the longer the </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">average duration (whether positive or negative) of these instruments held by the Fund or to </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">which the Fund is exposed (</span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-style: italic; margin-left: 0.0pt;">i.e.</span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">, the longer the average portfolio duration of the Fund), the </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">more the Fund&#8217;s NAV will likely fluctuate in response to interest rate changes. Duration is a </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">measure used to determine the sensitivity of a security&#8217;s price to changes in interest rates that </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">incorporates a security&#8217;s yield, coupon, final maturity and call features, among other </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">characteristics. For example, the NAV per share of a bond fund with an average duration of </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">eight years would be expected to fall approximately 8% if interest rates rose by one percentage </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">point.</span></div> </div> </td> </tr>
<tr style="height: 120.18pt;">
<td style="background-color: #ffffff; padding-bottom: 7pt; padding-top: 7pt; vertical-align: Top; width: 131.5pt;"> <div style="line-height: 0.5pt; text-align: left;"> <div style="margin-right: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">&#160;</span></div> </div> </td>
<td style="background-color: #ffffff; padding-bottom: 7pt; padding-top: 7pt; vertical-align: Top; width: 384.5pt;"> <div style="line-height: 11.02pt; text-align: left;"> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">However, measures such as duration may not accurately reflect the true interest rate sensitivity </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">of instruments held by the Fund and, in turn, the Fund&#8217;s susceptibility to changes in interest </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">rates. Certain fixed-income and debt instruments are subject to the risk that the issuer may </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">exercise its right to redeem (or call) the instrument earlier than anticipated. Although an issuer </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">may call an instrument for a variety of reasons, if an issuer does so during a time of declining </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">interest rates, the Fund might have to reinvest the proceeds in an investment offering a lower </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">yield or other less favorable features, and therefore might not benefit from any increase in </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">value as a result of declining interest rates. Interest only or principal only securities and </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">inverse floaters are particularly sensitive to changes in interest rates, which may impact the </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">income generated by the security and other features of the security.</span></div> </div> </td> </tr>
<tr style="height: 120.18pt;">
<td style="background-color: #ffffff; padding-bottom: 7pt; padding-top: 7pt; vertical-align: Top; width: 131.5pt;"> <div style="line-height: 0.5pt; text-align: left;"> <div style="margin-right: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">&#160;</span></div> </div> </td>
<td style="background-color: #ffffff; padding-bottom: 7pt; padding-top: 7pt; vertical-align: Top; width: 384.5pt;"> <div style="line-height: 11.02pt; text-align: left;"> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">Adjustable rate securities also react to interest rate changes in a similar manner as fixed-rate </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">securities but generally to a lesser degree depending on the characteristics of the security, in </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">particular its reset terms (i.e., the index chosen, frequency of reset and reset caps or floors). </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">During periods of rising interest rates, because changes in interest rates on adjustable rate </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">securities may lag behind changes in market rates, the value of such securities may decline </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">until their interest rates reset to market rates. These securities also may be subject to limits on </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">the maximum increase in interest rates. During periods of declining interest rates, because the </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">interest rates on adjustable rate securities generally reset downward, their market value is </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">unlikely to rise to the same extent as the value of comparable fixed rate securities. These </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">securities may not be subject to limits on downward adjustments of interest rates.</span></div> </div> </td> </tr>
<tr style="height: 98.14pt;">
<td style="background-color: #ffffff; padding-bottom: 7pt; padding-top: 7pt; vertical-align: Top; width: 131.5pt;"> <div style="line-height: 0.5pt; text-align: left;"> <div style="margin-right: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">&#160;</span></div> </div> </td>
<td style="background-color: #ffffff; padding-bottom: 7pt; padding-top: 7pt; vertical-align: Top; width: 384.5pt;"> <div style="line-height: 11.02pt; text-align: left;"> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">During periods of rising interest rates, issuers of debt securities or asset-backed securities may </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">pay principal later or more slowly than expected, which may reduce the value of the Fund&#8217;s </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">investment in such securities and may prevent the Fund from receiving higher interest rates on </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">proceeds reinvested in other instruments. During periods of falling interest rates, issuers of </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">debt securities or asset-backed securities may pay off debts more quickly or earlier than </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">expected, which could cause the Fund to be unable to recoup the full amount of its initial </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">investment and/or cause the Fund to reinvest in lower-yielding securities, thereby reducing the </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">Fund&#8217;s yield or otherwise adversely impacting the Fund.</span></div> </div> </td> </tr>
<tr style="height: 36.04pt;">
<td style="background-color: #ffffff; padding-bottom: 1.5pt; padding-top: 7pt; vertical-align: Top; width: 131.5pt;"> <div style="line-height: 0.5pt; text-align: left;"> <div style="margin-right: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">&#160;</span></div> </div> </td>
<td style="background-color: #ffffff; padding-bottom: 1.5pt; padding-top: 7pt; vertical-align: Top; width: 384.5pt;"> <div style="line-height: 11.02pt; text-align: left;"> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">Certain debt instruments, such as instruments with a negative duration or inverse instruments, </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">are also subject to interest rate risk, although such instruments generally react differently to </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">changes in interest rates than instruments with positive durations. The Fund&#8217;s investments in </span></div> </div> </td> </tr> </table> </div> </div> <div style="clear: both;"></div> <div style="float: left; margin-left: 39pt; margin-top: 12pt; width: 516pt; min-height: 12pt;"> <div style="line-height: 10.02pt; text-align: center;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; line-height: 10.02pt; margin-left: 0%;">11</span></div> </div> </div> </div> <div style="float: left; margin-bottom: 5.0pt; width: 100%;"></div> <hr style="clear: both; margin: 40.0pt 0.25pt 0.25pt 0.25pt;" /></div> <div> <div><a id="xx_4afe4159-96c7-4c11-87a9-46b0c559bfad_12"></a> <div style="page-break-after: always; position: relative;"> <div style="clear: both;"></div> <div style="float: left; margin-left: 39pt; margin-top: 36pt; width: 516pt; min-height: 696pt;"> <div style="margin-top: 0.0pt;">
<table style="empty-cells: show; width: 516pt;" cellpadding="0" cellspacing="0">
<tr style="height: 39.04pt;">
<td style="background-color: #ffffff; padding-bottom: 7pt; padding-top: 7pt; vertical-align: Top; width: 131.5pt;"> <div style="line-height: 0.5pt; text-align: left;"> <div style="margin-right: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">&#160;</span></div> </div> </td>
<td style="background-color: #ffffff; padding-bottom: 7pt; padding-top: 7pt; vertical-align: Top; width: 384.5pt;"> <div style="line-height: 11.02pt; text-align: left;"> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">these instruments also may be adversely affected by changes in interest rates. For example, the </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">value of instruments with negative durations, such as inverse floaters, generally decrease if </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">interest rates decline.</span></div> </div> </td> </tr>
<tr style="height: 98.14pt;">
<td style="background-color: #ffffff; padding-bottom: 7pt; padding-top: 7pt; vertical-align: Top; width: 131.5pt;"> <div style="line-height: 0.5pt; text-align: left;"> <div style="margin-right: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">&#160;</span></div> </div> </td>
<td style="background-color: #ffffff; padding-bottom: 7pt; padding-top: 7pt; vertical-align: Top; width: 384.5pt;"> <div style="line-height: 11.02pt; text-align: left;"> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">The Fund&#8217;s use of leverage will tend to increase Common Share interest rate risk. The Fund </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">may utilize certain strategies, including taking positions in futures or interest rate swaps, for </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">the purpose of seeking to reduce the interest rate sensitivity of credit securities held by the </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">Fund and to decrease the Fund&#8217;s exposure to interest rate risk. The Fund is not required to </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">hedge its exposure to interest rate risk and may choose not to do so. In addition, there is no </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">assurance that any attempts by the Fund to reduce interest rate risk will be successful or that </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">any hedges that the Fund may establish will perfectly correlate with movements in interest </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">rates.</span></div> </div> </td> </tr>
<tr style="height: 175.28pt;">
<td style="background-color: #ffffff; padding-bottom: 7pt; padding-top: 7pt; vertical-align: Top; width: 131.5pt;"> <div style="line-height: 0.5pt; text-align: left;"> <div style="margin-right: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">&#160;</span></div> </div> </td>
<td style="background-color: #ffffff; padding-bottom: 7pt; padding-top: 7pt; vertical-align: Top; width: 384.5pt;"> <div style="line-height: 11.02pt; text-align: left;"> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt; text-decoration: underline;">Current Fixed-Income and Debt Market Conditions</span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">. Fixed-income and debt market conditions </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">are highly unpredictable and some parts of the market are subject to dislocations. In response </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">to the crisis initially caused by the outbreak of COVID-19, as with other serious economic </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">disruptions, governmental authorities and regulators have enacted or are enacting significant </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">fiscal and monetary policy changes, including direct capital infusions into companies, new </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">monetary programs and considerable interest rate changes. These actions present heightened </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">risks to fixed-income and debt instruments, and such risks could be even further heightened if </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">these actions are unexpectedly or suddenly reversed or are ineffective in achieving their </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">desired outcomes. In light of these actions and current conditions, interest rates and bond </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">yields in the United States and many other countries are at or near historic lows, and in some </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">cases, such rates and yields are or have been negative. The current very low or negative </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">interest rates are magnifying the Fund&#8217;s susceptibility to interest rate risk and diminishing </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">yield and performance. In addition, the current environment is exposing fixed-income and </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">debt markets to significant volatility and reduced liquidity for the Fund&#8217;s investments. These </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">or similar conditions may also occur in the future.</span></div> </div> </td> </tr>
<tr style="height: 109.16pt;">
<td style="background-color: #ffffff; padding-bottom: 7pt; padding-top: 7pt; vertical-align: Top; width: 131.5pt;"> <div style="line-height: 0.5pt; text-align: left;"> <div style="margin-right: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">&#160;</span></div> </div> </td>
<td style="background-color: #ffffff; padding-bottom: 7pt; padding-top: 7pt; vertical-align: Top; width: 384.5pt;"> <div style="line-height: 11.02pt; text-align: left;"> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt; text-decoration: underline;">Corporate Bond Risk</span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">. The market value of a corporate bond may be affected by factors </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">directly related to the issuer, such as investors&#8217; perceptions of the creditworthiness of the </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">issuer, the issuer&#8217;s financial performance, perceptions of the issuer in the market place, </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">performance of management of the issuer, the issuer&#8217;s capital structure and use of financial </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">leverage and demand for the issuer&#8217;s goods and services. There is a risk that the issuers of </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">corporate bonds may not be able to meet their obligations on interest or principal payments at </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">the time called for by an instrument or at all. Corporate bonds of below investment grade </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">quality are often high risk and have speculative characteristics and may be particularly </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">susceptible to adverse issuer-specific and other developments.</span></div> </div> </td> </tr>
<tr style="height: 54.06pt;">
<td style="background-color: #ffffff; padding-bottom: 7pt; padding-top: 7pt; vertical-align: Top; width: 131.5pt;"> <div style="line-height: 0.5pt; text-align: left;"> <div style="margin-right: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">&#160;</span></div> </div> </td>
<td style="background-color: #ffffff; padding-bottom: 7pt; padding-top: 7pt; vertical-align: Top; width: 384.5pt;"> <div style="line-height: 11.02pt; text-align: left;"> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt; text-decoration: underline;">Reinvestment Risk</span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">. Reinvestment risk is the risk that income from the Fund&#8217;s portfolio will </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">decline if the Fund invests the proceeds from matured, traded or called Income Securities at </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">market interest rates that are below the Fund portfolio&#8217;s current earnings rate. A decline in </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">income could affect the Common Shares&#8217; market price or the overall return of the Fund.</span></div> </div> </td> </tr>
<tr style="height: 153.24pt;">
<td style="background-color: #ffffff; padding-bottom: 7pt; padding-top: 7pt; vertical-align: Top; width: 131.5pt;"> <div style="line-height: 0.5pt; text-align: left;"> <div style="margin-right: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">&#160;</span></div> </div> </td>
<td style="background-color: #ffffff; padding-bottom: 7pt; padding-top: 7pt; vertical-align: Top; width: 384.5pt;"> <div style="line-height: 11.02pt; text-align: left;"> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt; text-decoration: underline;">Extension Risk</span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">. Certain debt instruments, including mortgage- and other asset-backed </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">securities, are subject to the risk that payments on principal may occur at a slower rate or later </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">than expected. In this event, the expected maturity could lengthen as short or intermediate-</span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">term instruments become longer-term instruments, which would make the investment more </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">sensitive to changes in interest rates. The likelihood that payments on principal will occur at a </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">slower rate or later than expected is heightened under the current conditions. In addition, the </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">Fund&#8217;s investment may sharply decrease in value and the Fund&#8217;s income from the investment </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">may quickly decline. These types of instruments are particularly subject to extension risk, and </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">offer less potential for gains, during periods of rising interest rates. In addition, the Fund may </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">be delayed in its ability to reinvest income or proceeds from these instruments in potentially </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">higher yielding investments, which would adversely affect the Fund to the extent its </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">investments are in lower interest rate debt instruments. Thus, changes in interest rates may </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">cause volatility in the value of and income received from these types of debt instruments.</span></div> </div> </td> </tr>
<tr style="height: 58.08pt;">
<td style="background-color: #ffffff; padding-bottom: 1.5pt; padding-top: 7pt; vertical-align: Top; width: 131.5pt;"> <div style="line-height: 0.5pt; text-align: left;"> <div style="margin-right: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">&#160;</span></div> </div> </td>
<td style="background-color: #ffffff; padding-bottom: 1.5pt; padding-top: 7pt; vertical-align: Top; width: 384.5pt;"> <div style="line-height: 11.02pt; text-align: left;"> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt; text-decoration: underline;">Prepayment Risk</span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">. Certain debt instruments, including loans and mortgage- and other asset-</span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">backed securities, are subject to the risk that payments on principal may occur more quickly or </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">earlier than expected (or an investment is converted or redeemed prior to maturity). For </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">example, an issuer may exercise its right to redeem outstanding debt securities prior to their </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">maturity (known as a &#8220;call&#8221;) or otherwise pay principal earlier than expected for a number of </span></div> </div> </td> </tr> </table> </div> </div> <div style="clear: both;"></div> <div style="float: left; margin-left: 39pt; margin-top: 12pt; width: 516pt; min-height: 12pt;"> <div style="line-height: 10.02pt; text-align: center;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; line-height: 10.02pt; margin-left: 0%;">12</span></div> </div> </div> </div> <div style="float: left; margin-bottom: 5.0pt; width: 100%;"></div> <hr style="clear: both; margin: 40.0pt 0.25pt 0.25pt 0.25pt;" /></div> <div> <div><a id="xx_4afe4159-96c7-4c11-87a9-46b0c559bfad_13"></a> <div style="page-break-after: always; position: relative;"> <div style="clear: both;"></div> <div style="float: left; margin-left: 39pt; margin-top: 36pt; width: 516pt; min-height: 696pt;"> <div style="margin-top: 0.0pt;">
<table style="empty-cells: show; width: 516pt;" cellpadding="0" cellspacing="0">
<tr style="height: 160.26pt;">
<td style="background-color: #ffffff; padding-bottom: 7pt; padding-top: 7pt; vertical-align: Top; width: 131.5pt;"> <div style="line-height: 0.5pt; text-align: left;"> <div style="margin-right: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">&#160;</span></div> </div> </td>
<td style="background-color: #ffffff; padding-bottom: 7pt; padding-top: 7pt; vertical-align: Top; width: 384.5pt;"> <div style="line-height: 11.02pt; text-align: left;"> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">reasons (e.g., declining interest rates, changes in credit spreads and improvements in the </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">issuer&#8217;s credit quality). If an issuer calls or &#8220;prepays&#8221; a security in which the Fund has </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">invested, the Fund may not recoup the full amount of its initial investment and may be </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">required to reinvest in generally lower-yielding securities, securities with greater credit risks or </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">securities with other, less favorable features or terms than the security in which the Fund </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">initially invested, thus potentially reducing the Fund&#8217;s yield. Income Securities frequently have </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">call features that allow the issuer to repurchase the security prior to its stated maturity. Loans </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">and mortgage- and other asset-backed securities are particularly subject to prepayment risk, </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">and offer less potential for gains, during periods of declining interest rates (or narrower </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">spreads) as issuers of higher interest rate debt instruments pay off debts earlier than expected. </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">In addition, the Fund may lose any premiums paid to acquire the investment. Other factors, </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">such as excess cash flows, may also contribute to prepayment risk. Thus, changes in interest </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">rates may cause volatility in the value of and income received from these types of debt </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">instruments.</span></div> </div> </td> </tr>
<tr style="height: 76.1pt;">
<td style="background-color: #ffffff; padding-bottom: 7pt; padding-top: 7pt; vertical-align: Top; width: 131.5pt;"> <div style="line-height: 0.5pt; text-align: left;"> <div style="margin-right: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">&#160;</span></div> </div> </td>
<td style="background-color: #ffffff; padding-bottom: 7pt; padding-top: 7pt; vertical-align: Top; width: 384.5pt;"> <div style="line-height: 11.02pt; text-align: left;"> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">Variable or floating rate investments may be less vulnerable to prepayment risk. Most floating </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">rate loans and fixed-income securities allow for prepayment of principal without penalty. </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">Accordingly, the potential for the value of a floating rate loan or security to increase in </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">response to interest rate declines is limited. Corporate loans or fixed-income securities </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">purchased to replace a prepaid corporate loan or security may have lower yields than the yield </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">on the prepaid corporate loan or security.</span></div> </div> </td> </tr>
<tr style="height: 175.28pt;">
<td style="background-color: #ffffff; padding-bottom: 7pt; padding-top: 7pt; vertical-align: Top; width: 131.5pt;"> <div style="line-height: 0.5pt; text-align: left;"> <div style="margin-right: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">&#160;</span></div> </div> </td>
<td style="background-color: #ffffff; padding-bottom: 7pt; padding-top: 7pt; vertical-align: Top; width: 384.5pt;"> <div style="line-height: 11.02pt; text-align: left;"> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt; text-decoration: underline;">Liquidity Risk</span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">. The Fund may invest without limitation in Income Securities for which there is </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">no readily available trading market or which are unregistered, restricted or otherwise illiquid, </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">including certain high-yield securities. The Fund may invest in privately issued securities of </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">both public and private companies, which may be illiquid. Securities of below investment </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">grade quality tend to be less liquid than investment grade debt securities, and securities of </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">financial distressed or bankrupt issuers may be particularly illiquid. Loans typically are not </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">registered with the SEC and are not listed on any securities exchange and may at times be </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">illiquid. Loan investments through participations and assignments are typically illiquid. </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">Structured finance securities are typically privately offered and sold, and thus are not </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">registered under the securities laws. As a result, investments in structured finance securities </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">may be characterized by the Fund as illiquid securities; however, an active dealer market may </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">exist which would allow such securities to be considered liquid in some circumstances. The </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">securities and obligations of foreign issuers, particular issuers in emerging markets, may be </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">more likely to experience periods of illiquidity. Derivative instruments, particularly privately-</span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">negotiated or OTC derivatives, may be illiquid.</span></div> </div> </td> </tr>
<tr style="height: 175.28pt;">
<td style="background-color: #ffffff; padding-bottom: 7pt; padding-top: 7pt; vertical-align: Top; width: 131.5pt;"> <div style="line-height: 0.5pt; text-align: left;"> <div style="margin-right: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">&#160;</span></div> </div> </td>
<td style="background-color: #ffffff; padding-bottom: 7pt; padding-top: 7pt; vertical-align: Top; width: 384.5pt;"> <div style="line-height: 11.02pt; text-align: left;"> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">The Fund may not be able to readily dispose of illiquid securities and obligations at prices that </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">approximate those at which the Fund could sell such securities and obligations if they were </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">more widely traded and, as a result of such illiquidity, the Fund may have to sell other </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">investments or engage in borrowing transactions if necessary to raise cash to meet its </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">obligations. As a result, the Fund may be unable to achieve its desired level of exposure to </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">certain issuers, asset classes or sectors. The capacity of market makers of fixed-income and </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">other debt instruments has not kept pace with the consistent growth in these markets over the </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">past three decades, which has led to reduced levels in the capacity of these market makers to </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">engage in trading and, as a result, dealer inventories of corporate fixed-income, floating rate </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">and certain other debt instruments are at or near historic lows relative to market size. In </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">addition, limited liquidity could affect the market price of Income Securities, thereby </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">adversely affecting the Fund&#8217;s NAV and ability to make distributions. Dislocations in certain </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">parts of markets are resulting in reduced liquidity for certain investments. It is uncertain when </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">financial markets will improve. Liquidity of financial markets may also be affected by </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">government intervention.</span></div> </div> </td> </tr>
<tr style="height: 102.16pt;">
<td style="background-color: #ffffff; padding-bottom: 1.5pt; padding-top: 7pt; vertical-align: Top; width: 131.5pt;"> <div style="line-height: 0.5pt; text-align: left;"> <div style="margin-right: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">&#160;</span></div> </div> </td>
<td style="background-color: #ffffff; padding-bottom: 1.5pt; padding-top: 7pt; vertical-align: Top; width: 384.5pt;"> <div style="line-height: 11.02pt; text-align: left;"> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt; text-decoration: underline;">Valuation of Certain Income Securities Risk</span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">. The Sub-Adviser may use the fair value method </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">to value investments if market quotations for them are not readily available or are deemed </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">unreliable, or if events occurring after the close of a securities market and before the Fund </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">values its assets would materially affect net asset value. Because the secondary markets for </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">certain investments may be limited, they may be difficult to value. Where market quotations </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">are not readily available, valuation may require more research than for more liquid </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">investments. In addition, elements of judgment may play a greater role in valuation in such </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">cases than for investments with a more active secondary market because there is less reliable </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">objective data available. A security that is fair valued may be valued at a price higher or lower </span></div> </div> </td> </tr> </table> </div> </div> <div style="clear: both;"></div> <div style="float: left; margin-left: 39pt; margin-top: 12pt; width: 516pt; min-height: 12pt;"> <div style="line-height: 10.02pt; text-align: center;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; line-height: 10.02pt; margin-left: 0%;">13</span></div> </div> </div> </div> <div style="float: left; margin-bottom: 5.0pt; width: 100%;"></div> <hr style="clear: both; margin: 40.0pt 0.25pt 0.25pt 0.25pt;" /></div> <div> <div><a id="xx_4afe4159-96c7-4c11-87a9-46b0c559bfad_14"></a> <div style="page-break-after: always; position: relative;"> <div style="clear: both;"></div> <div style="float: left; margin-left: 39pt; margin-top: 36pt; width: 516pt; min-height: 696pt;"> <div style="margin-top: 0.0pt;">
<table style="empty-cells: show; width: 516pt;" cellpadding="0" cellspacing="0">
<tr style="height: 50.06pt;">
<td style="background-color: #ffffff; padding-bottom: 7pt; padding-top: 7pt; vertical-align: Top; width: 131.5pt;"> <div style="line-height: 0.5pt; text-align: left;"> <div style="margin-right: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">&#160;</span></div> </div> </td>
<td style="background-color: #ffffff; padding-bottom: 7pt; padding-top: 7pt; vertical-align: Top; width: 384.5pt;"> <div style="line-height: 11.02pt; text-align: left;"> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">than the value determined by other funds using their own fair valuation procedures. Prices </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">obtained by the Fund upon the sale of such securities may not equal the value at which the </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">Fund carried the investment on its books, which would adversely affect the net asset value of </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">the Fund.</span></div> </div> </td> </tr>
<tr style="height: 65.08pt;">
<td style="background-color: #ffffff; padding-bottom: 7pt; padding-top: 7pt; vertical-align: Top; width: 131.5pt;"> <div style="line-height: 0.5pt; text-align: left;"> <div style="margin-right: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">&#160;</span></div> </div> </td>
<td style="background-color: #ffffff; padding-bottom: 7pt; padding-top: 7pt; vertical-align: Top; width: 384.5pt;"> <div style="line-height: 11.02pt; text-align: left;"> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt; text-decoration: underline;">Duration and Maturity Risk</span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">. The Fund has no set policy regarding portfolio maturity or </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">duration. Holding long duration and long maturity investments will expose the Fund to certain </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">magnified risks. These risks include interest rate risk, credit risk and liquidity risks as </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">discussed above. Generally speaking, the longer the duration of the Fund&#8217;s portfolio, the more </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">exposure the Fund will have to interest rate risk described above.</span></div> </div> </td> </tr>
<tr style="height: 439.76pt;">
<td style="background-color: #ffffff; padding-bottom: 7pt; padding-top: 7pt; vertical-align: Top; width: 131.5pt;"> <div style="line-height: 0.5pt; text-align: left;"> <div style="margin-right: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">&#160;</span></div> </div> </td>
<td style="background-color: #ffffff; padding-bottom: 7pt; padding-top: 7pt; vertical-align: Top; width: 384.5pt;"> <div style="line-height: 11.02pt; text-align: left;"> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-style: italic; margin-left: 0.0pt;">Below-Investment Grade Securities Risk</span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">. The Fund may invest in Income Securities rated </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">below-investment grade or, if unrated, determined by the Sub-Adviser to be of comparable </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">credit quality, which are commonly referred to as &#8220;high-yield&#8221; or &#8220;junk&#8221; bonds. Investment in </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">securities of below-investment grade quality involves substantial risk of loss, the risk of which </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">is particularly acute under current conditions. Income Securities of below-investment grade </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">quality are predominantly speculative with respect to the issuer&#8217;s capacity to pay interest and </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">repay principal when due and therefore involve a greater risk of default or decline in market </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">value due to adverse economic and issuer-specific developments. Securities of below </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">investment grade quality may involve a greater risk of default or decline in market value due </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">to adverse economic and issuer-specific developments, such as operating results and outlook </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">and to real or perceived adverse economic and competitive industry conditions. Generally, the </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">risks associated with high yield securities are heightened during times of weakening economic </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">conditions or rising interest rates (particularly for issuers that are highly leveraged) and are </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">therefore heightened under current conditions. If the Fund is unable to sell an investment at its </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">desired time, the Fund may miss other investment opportunities while it holds investments it </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">would prefer to sell, which could adversely affect the Fund&#8217;s performance. In addition, the </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">liquidity of any Fund investment may change significantly over time as a result of market, </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">economic, trading, issuer-specific and other factors. Accordingly, the performance of the Fund </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">and a shareholder&#8217;s investment in the Fund may be adversely affected if an issuer is unable to </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">pay interest and repay principal, either on time or at all. Issuers of below investment grade </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">securities are not perceived to be as strong financially as those with higher credit ratings. </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">These issuers are more vulnerable to financial setbacks and recessions or other adverse </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">economic developments than more creditworthy issuers, which may impair their ability to </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">make interest and principal payments. Income Securities of below-investment grade quality </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">display increased price sensitivity to changing interest rates and to a deteriorating economic </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">environment. The market values, total return and yield for securities of below investment </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">grade quality tend to be more volatile than the market values, total return and yield for higher </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">quality bonds. Securities of below investment grade quality tend to be less liquid than </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">investment grade debt securities and therefore more difficult to value accurately and sell at an </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">advantageous price or time and may involve greater transactions costs and wider bid/ask </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">spreads, than higher-quality securities. To the extent that a secondary market does exist for </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">certain below investment grade securities, the market for them may be subject to irregular </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">trading activity, wide bid/ask spreads and extended trade settlement periods. Because of the </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">substantial risks associated with investments in below investment grade securities, you could </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">have an increased risk of losing money on your investment in Common Shares, both in the </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">short-term and the long-term. To the extent that the Fund invests in securities that have not </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">been rated by an NRSRO, the Fund&#8217;s ability to achieve its investment objectives will be more </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">dependent on the Adviser&#8217;s credit analysis than would be the case when the Fund invests in </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">rated securities.</span></div> </div> </td> </tr>
<tr style="height: 135.22pt;">
<td style="background-color: #ffffff; padding-bottom: 1.5pt; padding-top: 7pt; vertical-align: Top; width: 131.5pt;"> <div style="line-height: 0.5pt; text-align: left;"> <div style="margin-right: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">&#160;</span></div> </div> </td>
<td style="background-color: #ffffff; padding-bottom: 1.5pt; padding-top: 7pt; vertical-align: Top; width: 384.5pt;"> <div style="line-height: 11.02pt; text-align: left;"> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">Successful investment in lower-medium and lower-rated debt securities may involve greater </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">investment risk and is highly dependent on the Adviser&#8217;s credit analysis. The value of </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">securities of below investment grade quality is particularly vulnerable to changes in interest </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">rates and a real or perceived economic downturn or higher interest rates could cause a decline </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">in prices of such securities by lessening the ability of issuers to make principal and interest </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">payments. These securities are often thinly traded or subject to irregular trading and can be </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">more difficult to sell and value accurately than higher-quality securities because there tends to </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">be less public information available about these securities. Because objective pricing data may </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">be less available, judgment may play a greater role in the valuation process. In addition, the </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">entire below investment grade market can experience sudden and sharp price swings due to a </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">variety of factors, including changes in economic forecasts, stock market activity, large or </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">sustained sales by major investors, a high-profile default, or a change in the market&#8217;s </span></div> </div> </td> </tr> </table> </div> </div> <div style="clear: both;"></div> <div style="float: left; margin-left: 39pt; margin-top: 12pt; width: 516pt; min-height: 12pt;"> <div style="line-height: 10.02pt; text-align: center;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; line-height: 10.02pt; margin-left: 0%;">14</span></div> </div> </div> </div> <div style="float: left; margin-bottom: 5.0pt; width: 100%;"></div> <hr style="clear: both; margin: 40.0pt 0.25pt 0.25pt 0.25pt;" /></div> <div> <div><a id="xx_4afe4159-96c7-4c11-87a9-46b0c559bfad_15"></a> <div style="page-break-after: always; position: relative;"> <div style="clear: both;"></div> <div style="float: left; margin-left: 39pt; margin-top: 36pt; width: 516pt; min-height: 696pt;"> <div style="margin-top: 0.0pt;">
<table style="empty-cells: show; width: 516pt;" cellpadding="0" cellspacing="0">
<tr style="height: 39.04pt;">
<td style="background-color: #ffffff; padding-bottom: 7pt; padding-top: 7pt; vertical-align: Top; width: 131.5pt;"> <div style="line-height: 0.5pt; text-align: left;"> <div style="margin-right: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">&#160;</span></div> </div> </td>
<td style="background-color: #ffffff; padding-bottom: 7pt; padding-top: 7pt; vertical-align: Top; width: 384.5pt;"> <div style="line-height: 11.02pt; text-align: left;"> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">psychology. Adverse conditions could make it difficult at times for the Fund to sell certain </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">securities or could result in lower prices than those used in calculating the Fund&#8217;s NAV. See </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">&#8220;Risks&#8212;Below-Investment Grade Securities Risk.&#8221;</span></div> </div> </td> </tr>
<tr style="height: 197.32pt;">
<td style="background-color: #ffffff; padding-bottom: 7pt; padding-top: 7pt; vertical-align: Top; width: 131.5pt;"> <div style="line-height: 0.5pt; text-align: left;"> <div style="margin-right: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">&#160;</span></div> </div> </td>
<td style="background-color: #ffffff; padding-bottom: 7pt; padding-top: 7pt; vertical-align: Top; width: 384.5pt;"> <div style="line-height: 11.02pt; text-align: left;"> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-style: italic; margin-left: 0.0pt;">Structured Finance Investments Risk</span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">. The Fund&#8217;s structured finance investments may include </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">residential and commercial mortgage-related and other ABS issued by governmental entities </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">and private issuers. Holders of structured finance investments bear risks of the underlying </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">investments, index or reference obligation and are subject to counterparty risk. The Fund may </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">have the right to receive payments only from the structured product, and generally does not </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">have direct rights against the issuer or the entity that sold the assets to be securitized. While </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">certain structured finance investments enable the investor to acquire interests in a pool of </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">securities without the brokerage and other expenses associated with directly holding the same </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">securities, investors in structured finance investments generally pay their share of the </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">structured product&#8217;s administrative and other expenses. Although it is difficult to accurately </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">predict whether the prices of indices and securities underlying structured finance investments </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">will rise or fall, these prices (and, therefore, the prices of structured finance investments) will </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">be influenced by the same types of political, economic and other events that affect issuers of </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">securities and capital markets generally. If the issuer of a structured product uses shorter term </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">financing to purchase longer term securities, the issuer may be forced to sell its securities at </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">below market prices if it experiences difficulty in obtaining short-term financing, which may </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">adversely affect the value of the structured finance investment owned by the Fund.</span></div> </div> </td> </tr>
<tr style="height: 65.08pt;">
<td style="background-color: #ffffff; padding-bottom: 7pt; padding-top: 7pt; vertical-align: Top; width: 131.5pt;"> <div style="line-height: 0.5pt; text-align: left;"> <div style="margin-right: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">&#160;</span></div> </div> </td>
<td style="background-color: #ffffff; padding-bottom: 7pt; padding-top: 7pt; vertical-align: Top; width: 384.5pt;"> <div style="line-height: 11.02pt; text-align: left;"> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">The Fund may invest in structured finance products collateralized by low grade or defaulted </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">loans or securities. Investments in such structured finance products are subject to the risks </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">associated with below investment grade securities. Such securities are characterized by high </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">risk. It is likely that an economic recession could severely disrupt the market for such </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">securities and may have an adverse impact on the value of such securities.</span></div> </div> </td> </tr>
<tr style="height: 87.12pt;">
<td style="background-color: #ffffff; padding-bottom: 7pt; padding-top: 7pt; vertical-align: Top; width: 131.5pt;"> <div style="line-height: 0.5pt; text-align: left;"> <div style="margin-right: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">&#160;</span></div> </div> </td>
<td style="background-color: #ffffff; padding-bottom: 7pt; padding-top: 7pt; vertical-align: Top; width: 384.5pt;"> <div style="line-height: 11.02pt; text-align: left;"> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">The Fund may invest in senior and subordinated classes issued by structured finance vehicles. </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">The payment of cash flows from the underlying assets to senior classes take precedence over </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">those of subordinated classes, and therefore subordinated classes are subject to greater risk. </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">Furthermore, the leveraged nature of subordinated classes may magnify the adverse impact on </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">such class of changes in the value of the assets, changes in the distributions on the assets, </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">defaults and recoveries on the assets, capital gains and losses on the assets, prepayment on </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">assets and availability, price and interest rates of assets.</span></div> </div> </td> </tr>
<tr style="height: 76.1pt;">
<td style="background-color: #ffffff; padding-bottom: 7pt; padding-top: 7pt; vertical-align: Top; width: 131.5pt;"> <div style="line-height: 0.5pt; text-align: left;"> <div style="margin-right: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">&#160;</span></div> </div> </td>
<td style="background-color: #ffffff; padding-bottom: 7pt; padding-top: 7pt; vertical-align: Top; width: 384.5pt;"> <div style="line-height: 11.02pt; text-align: left;"> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">Structured finance securities may be thinly traded or have a limited trading market. Structured </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">finance securities are typically privately offered and sold, and thus are not registered under the </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">securities laws. As a result, investments in structured finance securities may be characterized </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">by the Fund as illiquid securities; however, an active dealer market may exist which would </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">allow such securities to be considered liquid in some circumstances. See &#8220;Risks&#8212;Structured </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">Finance Investments Risk.&#8221;</span></div> </div> </td> </tr>
<tr style="height: 190.32pt;">
<td style="background-color: #ffffff; padding-bottom: 1.5pt; padding-top: 7pt; vertical-align: Top; width: 131.5pt;"> <div style="line-height: 0.5pt; text-align: left;"> <div style="margin-right: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">&#160;</span></div> </div> </td>
<td style="background-color: #ffffff; padding-bottom: 1.5pt; padding-top: 7pt; vertical-align: Top; width: 384.5pt;"> <div style="line-height: 11.02pt; text-align: left;"> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-style: italic; margin-left: 0.0pt;">Mortgage-Backed Securities Risk</span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">. Mortgage-backed securities (&#8220;MBS&#8221;) represent an interest </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">in a pool of mortgages. MBS are subject to certain risks, such as: credit risk associated with </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">the performance of the underlying mortgage properties and of the borrowers owning these </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">properties; risks associated with their structure and execution (including the collateral, the </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">process by which principal and interest payments are allocated and distributed to investors and </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">how credit losses affect the return to investors in such MBS); risks associated with the servicer </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">of the underlying mortgages; adverse changes in economic conditions and circumstances, </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">which are more likely to have an adverse impact on MBS secured by loans on certain types of </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">commercial properties than on those secured by loans on residential properties; prepayment </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">risk, which can lead to significant fluctuations in the value of the MBS; loss of all or part of </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">the premium, if any, paid; and decline in the market value of the security, whether resulting </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">from changes in interest rates, prepayments on the underlying mortgage collateral or </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">perceptions of the credit risk associated with the underlying mortgage collateral. The value of </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">MBS may be substantially dependent on the servicing of the underlying pool of mortgages. In </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">addition, the Fund&#8217;s level of investment in MBS of a particular type or in MBS issued or </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">guaranteed by affiliated obligors, serviced by the same servicer or backed by underlying </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">collateral located in a specific geographic region, may subject the Fund to additional risk.</span></div> </div> </td> </tr> </table> </div> </div> <div style="clear: both;"></div> <div style="float: left; margin-left: 39pt; margin-top: 12pt; width: 516pt; min-height: 12pt;"> <div style="line-height: 10.02pt; text-align: center;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; line-height: 10.02pt; margin-left: 0%;">15</span></div> </div> </div> </div> <div style="float: left; margin-bottom: 5.0pt; width: 100%;"></div> <hr style="clear: both; margin: 40.0pt 0.25pt 0.25pt 0.25pt;" /></div> <div> <div><a id="xx_4afe4159-96c7-4c11-87a9-46b0c559bfad_16"></a> <div style="page-break-after: always; position: relative;"> <div style="clear: both;"></div> <div style="float: left; margin-left: 39pt; margin-top: 36pt; width: 516pt; min-height: 696pt;"> <div style="margin-top: 0.0pt;">
<table style="empty-cells: show; width: 516pt;" cellpadding="0" cellspacing="0">
<tr style="height: 127.2pt;">
<td style="background-color: #ffffff; padding-bottom: 7pt; padding-top: 7pt; vertical-align: Top; width: 131.5pt;"> <div style="line-height: 0.5pt; text-align: left;"> <div style="margin-right: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">&#160;</span></div> </div> </td>
<td style="background-color: #ffffff; padding-bottom: 7pt; padding-top: 7pt; vertical-align: Top; width: 384.5pt;"> <div style="line-height: 11.02pt; text-align: left;"> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">When market interest rates decline, more mortgages are refinanced and the securities are paid </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">off earlier than expected. Prepayments may also occur on a scheduled basis or due to </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">foreclosure. When market interest rates increase, the market values of MBS decline. At the </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">same time, however, mortgage refinancings and prepayments slow, which lengthens the </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">effective maturities of these securities. As a result, the negative effect of the rate increase on </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">the market value of MBS is usually more pronounced than it is for other types of debt </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">securities. In addition, due to increased instability in the credit markets, the market for some </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">MBS has experienced reduced liquidity and greater volatility with respect to the value of such </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">securities, making it more difficult to value such securities. The Fund may invest in sub-prime </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">mortgages or MBS that are backed by sub-prime mortgages or defaulted or nonperforming </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">loans.</span></div> </div> </td> </tr>
<tr style="height: 109.16pt;">
<td style="background-color: #ffffff; padding-bottom: 7pt; padding-top: 7pt; vertical-align: Top; width: 131.5pt;"> <div style="line-height: 0.5pt; text-align: left;"> <div style="margin-right: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">&#160;</span></div> </div> </td>
<td style="background-color: #ffffff; padding-bottom: 7pt; padding-top: 7pt; vertical-align: Top; width: 384.5pt;"> <div style="line-height: 11.02pt; text-align: left;"> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">Additional risks relating to investments in mortgage-backed securities may arise because of </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">the type of mortgage-backed securities in which the Fund invests, defined by the assets </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">collateralizing the mortgage-backed securities. For example, collateralized mortgage </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">obligations (&#8220;CMOs&#8221;) may have complex or highly variable prepayment terms, such as </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">companion classes, interest only or principal only payments, inverse floaters and residuals. </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">These investments generally entail greater market, prepayment and liquidity risks than other </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">mortgage-backed securities, and may be more volatile or less liquid than other mortgage-</span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">backed securities. These risks are heightened under the currently distressed economic, market, </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">labor and public health conditions.</span></div> </div> </td> </tr>
<tr style="height: 109.16pt;">
<td style="background-color: #ffffff; padding-bottom: 7pt; padding-top: 7pt; vertical-align: Top; width: 131.5pt;"> <div style="line-height: 0.5pt; text-align: left;"> <div style="margin-right: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">&#160;</span></div> </div> </td>
<td style="background-color: #ffffff; padding-bottom: 7pt; padding-top: 7pt; vertical-align: Top; width: 384.5pt;"> <div style="line-height: 11.02pt; text-align: left;"> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">Moreover, the relationship between prepayments and interest rates may give some high-</span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">yielding MBS less potential for growth in value than conventional bonds with comparable </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">maturities. In addition, during periods of falling interest rates, the rate of prepayment tends to </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">increase. During such periods, the reinvestment of prepayment proceeds by the Fund will </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">generally be at lower rates than the rates that were carried by the obligations that have been </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">prepaid. Because of these and other reasons, MBS&#8217;s total return and maturity may be difficult </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">to predict precisely. To the extent that the Fund purchases MBS at a premium, prepayments </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">(which may be made without penalty) may result in loss of the Fund&#8217;s principal investment to </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">the extent of premium paid.</span></div> </div> </td> </tr>
<tr style="height: 43.04pt;">
<td style="background-color: #ffffff; padding-bottom: 7pt; padding-top: 7pt; vertical-align: Top; width: 131.5pt;"> <div style="line-height: 0.5pt; text-align: left;"> <div style="margin-right: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">&#160;</span></div> </div> </td>
<td style="background-color: #ffffff; padding-bottom: 7pt; padding-top: 7pt; vertical-align: Top; width: 384.5pt;"> <div style="line-height: 11.02pt; text-align: left;"> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">MBS generally are classified as either commercial mortgage-backed securities (&#8220;CMBS&#8221;) or </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">residential mortgage-backed securities (&#8220;RMBS&#8221;), each of which are subject to certain </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">specific risks.</span></div> </div> </td> </tr>
<tr style="height: 230.38pt;">
<td style="background-color: #ffffff; padding-bottom: 7pt; padding-top: 7pt; vertical-align: Top; width: 131.5pt;"> <div style="line-height: 0.5pt; text-align: left;"> <div style="margin-right: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">&#160;</span></div> </div> </td>
<td style="background-color: #ffffff; padding-bottom: 7pt; padding-top: 7pt; vertical-align: Top; width: 384.5pt;"> <div style="line-height: 11.02pt; text-align: left;"> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt; text-decoration: underline;">Commercial Mortgage-Backed Securities Risk</span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">. The market for CMBS developed more </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">recently and, in terms of total outstanding principal amount of issues, is relatively small </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">compared to the market for RMBS. CMBS are subject to particular risks, such as those </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">associated with lack of standardized terms, shorter maturities than residential mortgage loans </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">and payment of all or substantially all of the principal only at maturity rather than regular </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">amortization of principal. In addition, commercial lending generally is viewed as exposing the </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">lender to a greater risk of loss than residential lending. Commercial lending typically involves </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">larger loans to single borrowers or groups of related borrowers than residential mortgage </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">loans. In addition, the repayment of loans secured by income producing properties typically is </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">dependent upon the successful operation of the related real estate project and the cash flow </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">generated therefrom. Net operating income of an income- producing property can be affected </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">by, among other things: tenant mix, success of tenant businesses, property management </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">decisions, property location and condition, competition from comparable types of properties, </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">changes in laws that increase operating expense or limit rents that may be charged, any need to </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">address environmental contamination at the property, the occurrence of any uninsured casualty </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">at the property, changes in national, regional or local economic conditions and/or specific </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">industry segments, declines in regional or local real estate values, declines in regional or local </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">rental or occupancy rates, increases in interest rates, real estate tax rates and other operating </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">expenses, change in governmental rules, regulations and fiscal policies, including </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">environmental legislation, acts of God, terrorism, social unrest and civil disturbances.</span></div> </div> </td> </tr>
<tr style="height: 69.1pt;">
<td style="background-color: #ffffff; padding-bottom: 1.5pt; padding-top: 7pt; vertical-align: Top; width: 131.5pt;"> <div style="line-height: 0.5pt; text-align: left;"> <div style="margin-right: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">&#160;</span></div> </div> </td>
<td style="background-color: #ffffff; padding-bottom: 1.5pt; padding-top: 7pt; vertical-align: Top; width: 384.5pt;"> <div style="line-height: 11.02pt; text-align: left;"> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">Consequently, adverse changes in economic conditions and circumstances are more likely to </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">have an adverse impact on MBS secured by loans on commercial properties than on those </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">secured by loans on residential properties. Economic downturns, rises in unemployment and </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">other events, such as public health emergencies, that limit the activities of and demand for </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">commercial retail and office spaces (such as the current COVID-19 crisis) adversely impact </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">the value of such securities. Additional risks may be presented by the type and use of a </span></div> </div> </td> </tr> </table> </div> </div> <div style="clear: both;"></div> <div style="float: left; margin-left: 39pt; margin-top: 12pt; width: 516pt; min-height: 12pt;"> <div style="line-height: 10.02pt; text-align: center;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; line-height: 10.02pt; margin-left: 0%;">16</span></div> </div> </div> </div> <div style="float: left; margin-bottom: 5.0pt; width: 100%;"></div> <hr style="clear: both; margin: 40.0pt 0.25pt 0.25pt 0.25pt;" /></div> <div> <div><a id="xx_4afe4159-96c7-4c11-87a9-46b0c559bfad_17"></a> <div style="page-break-after: always; position: relative;"> <div style="clear: both;"></div> <div style="float: left; margin-left: 39pt; margin-top: 36pt; width: 516pt; min-height: 696pt;"> <div style="margin-top: 0.0pt;">
<table style="empty-cells: show; width: 516pt;" cellpadding="0" cellspacing="0">
<tr style="height: 83.12pt;">
<td style="background-color: #ffffff; padding-bottom: 7pt; padding-top: 7pt; vertical-align: Top; width: 131.5pt;"> <div style="line-height: 0.5pt; text-align: left;"> <div style="margin-right: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">&#160;</span></div> </div> </td>
<td style="background-color: #ffffff; padding-bottom: 7pt; padding-top: 7pt; vertical-align: Top; width: 384.5pt;"> <div style="line-height: 11.02pt; text-align: left;"> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">particular commercial property. Special risks are presented by hospitals, nursing homes, </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">hospitality properties and certain other property types. Commercial property values and net </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">operating income are subject to volatility, which may result in net operating income becoming </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">insufficient to cover debt service on the related mortgage loan. The exercise of remedies and </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">successful realization of liquidation proceeds relating to CMBS may be highly dependent on </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">the performance of the servicer or special servicer. There may be a limited number of special </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">servicers available, particularly those that do not have conflicts of interest.</span></div> </div> </td> </tr>
<tr style="height: 219.36pt;">
<td style="background-color: #ffffff; padding-bottom: 7pt; padding-top: 7pt; vertical-align: Top; width: 131.5pt;"> <div style="line-height: 0.5pt; text-align: left;"> <div style="margin-right: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">&#160;</span></div> </div> </td>
<td style="background-color: #ffffff; padding-bottom: 7pt; padding-top: 7pt; vertical-align: Top; width: 384.5pt;"> <div style="line-height: 11.02pt; text-align: left;"> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt; text-decoration: underline;">Residential Mortgage-Backed Securities Risk</span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">. Credit-related risk on RMBS arises from losses </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">due to delinquencies and defaults by the borrowers in payments on the underlying mortgage </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">loans and breaches by originators and servicers of their obligations under the underlying </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">documentation pursuant to which the RMBS are issued. The rate of delinquencies and defaults </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">on residential mortgage loans and the aggregate amount of the resulting losses will be affected </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">by a number of factors, including general economic conditions, particularly those in the area </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">where the related mortgaged property is located, the level of the borrower&#8217;s equity in the </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">mortgaged property and the individual financial circumstances of the borrower. If a residential </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">mortgage loan is in default, foreclosure on the related residential property may be a lengthy </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">and difficult process involving significant legal and other expenses. The net proceeds obtained </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">by the holder on a residential mortgage loan following the foreclosure on the related property </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">may be less than the total amount that remains due on the loan. The prospect of incurring a </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">loss upon the foreclosure of the related property may lead the holder of the residential </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">mortgage loan to restructure the residential mortgage loan or otherwise delay the foreclosure </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">process. These risks are elevated given the current distressed economic, market, public health </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">and labor conditions, notably, increased levels of unemployment relative to recent years, </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">delays and delinquencies in payments of mortgage and rent obligations, and uncertainty </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">regarding the effects and extent of government intervention with respect to mortgage </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">payments and other economic matters.</span></div> </div> </td> </tr>
<tr style="height: 197.32pt;">
<td style="background-color: #ffffff; padding-bottom: 7pt; padding-top: 7pt; vertical-align: Top; width: 131.5pt;"> <div style="line-height: 0.5pt; text-align: left;"> <div style="margin-right: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">&#160;</span></div> </div> </td>
<td style="background-color: #ffffff; padding-bottom: 7pt; padding-top: 7pt; vertical-align: Top; width: 384.5pt;"> <div style="line-height: 11.02pt; text-align: left;"> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt; text-decoration: underline;">Sub-Prime Mortgage Market Risk</span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">. The residential mortgage market in the United States has </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">experienced difficulties that may adversely affect the performance and market value of certain </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">mortgages and MBS. Delinquencies and losses on residential mortgage loans (especially sub-</span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">prime and second-lien mortgage loans) generally have increased at times and may again </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">increase, and a decline in or flattening of housing values (as has been experienced at times and </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">may again be experienced in many housing markets) may exacerbate such delinquencies and </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">losses. Borrowers with adjustable rate mortgage loans are more sensitive to changes in interest </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">rates, which affect their monthly mortgage payments, and may be unable to secure </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">replacement mortgages at comparably low interest rates. Also, a number of residential </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">mortgage loan originators have experienced serious financial difficulties or bankruptcy. </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">Largely due to the foregoing, reduced investor demand for mortgage loans and MBS and </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">increased investor yield requirements caused limited liquidity in the secondary market for </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">certain MBS, which can adversely affect the market value of MBS. It is possible that such </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">limited liquidity in such secondary markets could continue or worsen. If the economy of the </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">United States deteriorates further, the incidence of mortgage foreclosures, especially sub-</span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">prime mortgages, may increase, which may adversely affect the value of any MBS owned by </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">the Fund.</span></div> </div> </td> </tr>
<tr style="height: 98.14pt;">
<td style="background-color: #ffffff; padding-bottom: 7pt; padding-top: 7pt; vertical-align: Top; width: 131.5pt;"> <div style="line-height: 0.5pt; text-align: left;"> <div style="margin-right: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">&#160;</span></div> </div> </td>
<td style="background-color: #ffffff; padding-bottom: 7pt; padding-top: 7pt; vertical-align: Top; width: 384.5pt;"> <div style="line-height: 11.02pt; text-align: left;"> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">Any increase in prevailing market interest rates, which are currently near historical lows, may </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">result in increased payments for borrowers who have adjustable rate mortgages. Moreover, </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">with respect to hybrid mortgage loans after their initial fixed rate period, interest-only </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">products or products having a lower rate, and with respect to mortgage loans with a negative </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">amortization feature which reach their negative amortization cap, borrowers may experience a </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">substantial increase in their monthly payment even without an increase in prevailing market </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">interest rates. Increases in payments for borrowers may result in increased rates of </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">delinquencies and defaults on residential mortgage loans underlying the RMBS.</span></div> </div> </td> </tr>
<tr style="height: 69.1pt;">
<td style="background-color: #ffffff; padding-bottom: 1.5pt; padding-top: 7pt; vertical-align: Top; width: 131.5pt;"> <div style="line-height: 0.5pt; text-align: left;"> <div style="margin-right: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">&#160;</span></div> </div> </td>
<td style="background-color: #ffffff; padding-bottom: 1.5pt; padding-top: 7pt; vertical-align: Top; width: 384.5pt;"> <div style="line-height: 11.02pt; text-align: left;"> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">The significance of the mortgage crisis and loan defaults in residential mortgage loan sectors </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">led to the enactment of numerous pieces of legislation relating to the mortgage and housing </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">markets. These actions, along with future legislation or regulation, may have significant </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">impacts on the mortgage market generally and may result in a reduction of available </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">transactional opportunities for the Fund or an increase in the cost associated with such </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">transactions and may adversely impact the value of RMBS.</span></div> </div> </td> </tr> </table> </div> </div> <div style="clear: both;"></div> <div style="float: left; margin-left: 39pt; margin-top: 12pt; width: 516pt; min-height: 12pt;"> <div style="line-height: 10.02pt; text-align: center;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; line-height: 10.02pt; margin-left: 0%;">17</span></div> </div> </div> </div> <div style="float: left; margin-bottom: 5.0pt; width: 100%;"></div> <hr style="clear: both; margin: 40.0pt 0.25pt 0.25pt 0.25pt;" /></div> <div> <div><a id="xx_4afe4159-96c7-4c11-87a9-46b0c559bfad_18"></a> <div style="page-break-after: always; position: relative;"> <div style="clear: both;"></div> <div style="float: left; margin-left: 39pt; margin-top: 36pt; width: 516pt; min-height: 696pt;"> <div style="margin-top: 0.0pt;">
<table style="empty-cells: show; width: 516pt;" cellpadding="0" cellspacing="0">
<tr style="height: 116.18pt;">
<td style="background-color: #ffffff; padding-bottom: 7pt; padding-top: 7pt; vertical-align: Top; width: 131.5pt;"> <div style="line-height: 0.5pt; text-align: left;"> <div style="margin-right: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">&#160;</span></div> </div> </td>
<td style="background-color: #ffffff; padding-bottom: 7pt; padding-top: 7pt; vertical-align: Top; width: 384.5pt;"> <div style="line-height: 11.02pt; text-align: left;"> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">During the mortgage crisis, a number of originators and servicers of residential and </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">commercial mortgage loans, including some of the largest originators and servicers in the </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">residential and commercial mortgage loan market, experienced serious financial difficulties. </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">Such difficulties may affect the performance of non-agency RMBS and CMBS. There can be </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">no assurance that originators and servicers of mortgage loans will not continue to experience </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">serious financial difficulties or experience such difficulties in the future, including becoming </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">subject to bankruptcy or insolvency proceedings, or that underwriting procedures and policies </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">and protections against fraud will be sufficient in the future to prevent such financial </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">difficulties or significant levels of default or delinquency on mortgage loans. See &#8220;Risks&#8212;</span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">Mortgage-Backed Securities Risk.&#8221;</span></div> </div> </td> </tr>
<tr style="height: 142.22pt;">
<td style="background-color: #ffffff; padding-bottom: 7pt; padding-top: 7pt; vertical-align: Top; width: 131.5pt;"> <div style="line-height: 0.5pt; text-align: left;"> <div style="margin-right: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">&#160;</span></div> </div> </td>
<td style="background-color: #ffffff; padding-bottom: 7pt; padding-top: 7pt; vertical-align: Top; width: 384.5pt;"> <div style="line-height: 11.02pt; text-align: left;"> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-style: italic; margin-left: 0.0pt;">Asset-Backed Securities Risk</span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">. ABS are a form of structured debt obligation. In addition to the </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">general risks associated with credit securities discussed herein, ABS are subject to additional </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">risks. While traditional fixed-income securities typically pay a fixed rate of interest until </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">maturity, when the entire principal amount is due, an ABS represents an interest in a pool of </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">assets, such as automobile loans, credit card receivables, unsecured consumer loans or student </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">loans, that has been securitized and provides for monthly payments of interest, at a fixed or </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">floating rate, and principal from the cash flow of these assets. This pool of assets (and any </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">related assets of the issuing entity) is the only source of payment for the ABS. The ability of </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">an ABS issuer to make payments on the ABS, and the timing of such payments, is therefore </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">dependent on collections on these underlying assets. The recoveries on the underlying </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">collateral may not, in some cases, be sufficient to support payments on these securities, which </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">may result in losses to investors in an ABS.</span></div> </div> </td> </tr>
<tr style="height: 186.3pt;">
<td style="background-color: #ffffff; padding-bottom: 7pt; padding-top: 7pt; vertical-align: Top; width: 131.5pt;"> <div style="line-height: 0.5pt; text-align: left;"> <div style="margin-right: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">&#160;</span></div> </div> </td>
<td style="background-color: #ffffff; padding-bottom: 7pt; padding-top: 7pt; vertical-align: Top; width: 384.5pt;"> <div style="line-height: 11.02pt; text-align: left;"> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">Generally, obligors may prepay the underlying assets in full or in part at any time, subjecting </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">the Fund to prepayment risk related to the ABS it holds. While the expected repayment </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">streams on ABS are determined by the contractual amortization schedules for the underlying </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">assets, an investor&#8217;s yield to maturity on an ABS is uncertain and may be reduced by the rate </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">and speed of prepayments of the underlying assets, which may be influenced by a variety of </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">economic, social and other factors. Any prepayments, repurchases, purchases or liquidations </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">of the underlying assets could shorten the average life of the ABS to an extent that cannot be </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">fully predicted. Some ABS may be structured to include a period of rapid amortization </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">triggered by events such as a significant rise in the default rate of the underlying collateral, a </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">sharp drop in the credit enhancement level because of credit losses on the underlying assets, a </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">specified regulatory event or the bankruptcy of the originator. A rapid amortization event will </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">cause any revolving period to end earlier than expected and all collections on the underlying </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">assets will be used to pay principal to investors earlier than expected. In general, the senior </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">most securities will be paid prior to any payments being made on the subordinated securities, </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">and if such payments are made earlier than expected, the Fund&#8217;s yield on such ABS may be </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">negatively affected. See &#8220;Risks&#8212;Asset-Backed Securities Risk.&#8221;</span></div> </div> </td> </tr>
<tr style="height: 120.18pt;">
<td style="background-color: #ffffff; padding-bottom: 7pt; padding-top: 7pt; vertical-align: Top; width: 131.5pt;"> <div style="line-height: 0.5pt; text-align: left;"> <div style="margin-right: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">&#160;</span></div> </div> </td>
<td style="background-color: #ffffff; padding-bottom: 7pt; padding-top: 7pt; vertical-align: Top; width: 384.5pt;"> <div style="line-height: 11.02pt; text-align: left;"> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-style: italic; margin-left: 0.0pt;">CLO, CDO and CBO Risk</span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">. In addition to the general risks associated with credit or debt </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">securities discussed herein, CLOs, CDOs and CBOs are subject to additional risks. CLOs, </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">CDOs and CBOs are subject to risks because of the involvement of multiple transaction </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">parties related to the underlying collateral and disruptions that may occur as a result of the </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">restructuring or insolvency of the underlying obligors, which are generally corporate obligors. </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">Unlike a consumer obligor that is generally obligated to make payments on the collateral </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">backing an ABS, the obligor on the collateral backing a CLO, a CDO or a CBO may have </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">more effective defenses or resources to cause a delay in payment or restructure the underlying </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">obligation. If an obligor is permitted to restructure its obligations, distributions from collateral </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">securities may not be adequate to make interest or other payments.</span></div> </div> </td> </tr>
<tr style="height: 124.2pt;">
<td style="background-color: #ffffff; padding-bottom: 1.5pt; padding-top: 7pt; vertical-align: Top; width: 131.5pt;"> <div style="line-height: 0.5pt; text-align: left;"> <div style="margin-right: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">&#160;</span></div> </div> </td>
<td style="background-color: #ffffff; padding-bottom: 1.5pt; padding-top: 7pt; vertical-align: Top; width: 384.5pt;"> <div style="line-height: 11.02pt; text-align: left;"> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">The performance of CLOs, CDOs and CBOs depends primarily upon the quality of the </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">underlying assets and the level of credit support or enhancement in the structure and the </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">relative priority of the interest in the issuer of the CLO, CDO or CBO purchased by the Fund. </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">In general, CLOs, CDOs and CBOs are actively managed by an asset manager that is </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">responsible for evaluating and acquiring the assets that will collateralize the CLO, CDO or </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">CBO. The asset manager may have difficulty in identifying assets that satisfy the eligibility </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">criteria for the assets and may be restricted from trading the collateral. These criteria, </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">restrictions and requirements, while reducing the overall risk to the Fund, may limit the ability </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">of the Adviser to maximize returns on the CLOs, CDOs and CBOs if an opportunity is </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">identified by the collateral manager. In addition, other parties involved in CLOs, CDOs and </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">CBOs, such as credit enhancement providers and investors in senior obligations of the CLO, </span></div> </div> </td> </tr> </table> </div> </div> <div style="clear: both;"></div> <div style="float: left; margin-left: 39pt; margin-top: 12pt; width: 516pt; min-height: 12pt;"> <div style="line-height: 10.02pt; text-align: center;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; line-height: 10.02pt; margin-left: 0%;">18</span></div> </div> </div> </div> <div style="float: left; margin-bottom: 5.0pt; width: 100%;"></div> <hr style="clear: both; margin: 40.0pt 0.25pt 0.25pt 0.25pt;" /></div> <div> <div><a id="xx_4afe4159-96c7-4c11-87a9-46b0c559bfad_19"></a> <div style="page-break-after: always; position: relative;"> <div style="clear: both;"></div> <div style="float: left; margin-left: 39pt; margin-top: 36pt; width: 516pt; min-height: 696pt;"> <div style="margin-top: 0.0pt;">
<table style="empty-cells: show; width: 516pt;" cellpadding="0" cellspacing="0">
<tr style="height: 50.06pt;">
<td style="background-color: #ffffff; padding-bottom: 7pt; padding-top: 7pt; vertical-align: Top; width: 131.5pt;"> <div style="line-height: 0.5pt; text-align: left;"> <div style="margin-right: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">&#160;</span></div> </div> </td>
<td style="background-color: #ffffff; padding-bottom: 7pt; padding-top: 7pt; vertical-align: Top; width: 384.5pt;"> <div style="line-height: 11.02pt; text-align: left;"> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">CDO or CBO may have the right to control the activities and discretion of the Adviser in a </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">manner that is adverse to the interests of the Fund. A CLO, CDO or CBO generally includes </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">provisions that alter the priority of payments if performance metrics related to the underlying </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">collateral, such as interest coverage and minimum overcollateralization, are not met.</span></div> </div> </td> </tr>
<tr style="height: 54.06pt;">
<td style="background-color: #ffffff; padding-bottom: 7pt; padding-top: 7pt; vertical-align: Top; width: 131.5pt;"> <div style="line-height: 0.5pt; text-align: left;"> <div style="margin-right: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">&#160;</span></div> </div> </td>
<td style="background-color: #ffffff; padding-bottom: 7pt; padding-top: 7pt; vertical-align: Top; width: 384.5pt;"> <div style="line-height: 11.02pt; text-align: left;"> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">These provisions may cause delays in payments on the securities or an increase in </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">prepayments depending on the relative priority of the securities owned by the Fund. The </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">failure of a CLO, CDO or CBO to make timely payments on a particular tranche may have an </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">adverse effect on the liquidity and market value of such tranche.</span></div> </div> </td> </tr>
<tr style="height: 87.12pt;">
<td style="background-color: #ffffff; padding-bottom: 7pt; padding-top: 7pt; vertical-align: Top; width: 131.5pt;"> <div style="line-height: 0.5pt; text-align: left;"> <div style="margin-right: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">&#160;</span></div> </div> </td>
<td style="background-color: #ffffff; padding-bottom: 7pt; padding-top: 7pt; vertical-align: Top; width: 384.5pt;"> <div style="line-height: 11.02pt; text-align: left;"> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">The value of securities issued by CLOs, CDOs and CBOs also may change because of, among </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">other things, changes in market value; changes in the market&#8217;s perception of the </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">creditworthiness of the servicer of the assets, the originator of an asset in the pool, or the </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">financial institution or fund providing credit support or enhancement; loan performance and </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">prices; broader market sentiment, including expectations regarding future loan defaults, </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">liquidity conditions and supply and demand for structured products. See &#8220;Risks&#8212;CLO, CDO </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">and CBO Risk.&#8221;</span></div> </div> </td> </tr>
<tr style="height: 131.2pt;">
<td style="background-color: #ffffff; padding-bottom: 7pt; padding-top: 7pt; vertical-align: Top; width: 131.5pt;"> <div style="line-height: 0.5pt; text-align: left;"> <div style="margin-right: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">&#160;</span></div> </div> </td>
<td style="background-color: #ffffff; padding-bottom: 7pt; padding-top: 7pt; vertical-align: Top; width: 384.5pt;"> <div style="line-height: 11.02pt; text-align: left;"> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">The Fund may invest in any portion of the capital structure of CLOs (including the </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">subordinated, residual and deep mezzanine debt tranches). Investment in the subordinated </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">tranche is subject to special risks. The subordinated tranche does not receive ratings and is </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">considered the riskiest portion of the capital structure of a CLO. The subordinated tranche is </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">junior in priority of payment to the more senior tranches of the CLO and is subject to certain </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">payment restrictions. As a result, the subordinated tranche bears the bulk of defaults from the </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">loans in the CLO. In addition, the subordinated tranche generally has only limited voting </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">rights and generally does not benefit from any creditors&#8217; rights or ability to exercise remedies </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">under the indenture governing the CLO notes. Certain mezzanine tranches in which the Fund </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">may invest may also be subject to certain risks similar to risks associated with investment in </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">the subordinated tranche.</span></div> </div> </td> </tr>
<tr style="height: 186.3pt;">
<td style="background-color: #ffffff; padding-bottom: 7pt; padding-top: 7pt; vertical-align: Top; width: 131.5pt;"> <div style="line-height: 0.5pt; text-align: left;"> <div style="margin-right: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">&#160;</span></div> </div> </td>
<td style="background-color: #ffffff; padding-bottom: 7pt; padding-top: 7pt; vertical-align: Top; width: 384.5pt;"> <div style="line-height: 11.02pt; text-align: left;"> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">The subordinated tranche is unsecured and ranks behind all of the secured creditors, known or </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">unknown, of the CLO issuer, including the holders of the secured notes it has issued. </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">Consequently, to the extent that the value of the issuer&#8217;s portfolio of loan investments has been </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">reduced as a result of conditions in the credit markets, defaulted loans, capital gains and losses </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">on the underlying assets, prepayment or changes in interest rates, the value of the subordinated </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">tranche realized at redemption could be reduced. Accordingly, the subordinated tranche may </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">not be paid in full and may be subject to up to 100% loss. The leveraged nature of </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">subordinated notes may magnify the adverse impact on the subordinated notes of changes in </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">the market value of the investments held by the issuer, changes in the distributions on those </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">investments, defaults and recoveries on those investments, capital gains and losses on those </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">investments, prepayments on those investments and availability, prices and interest rates of </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">those investments. Investments in the subordinated tranche of a CLO are generally less liquid </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">than CLO debt tranches and subject to extensive transfer restrictions, and there may be no </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">market for subordinated notes. Certain mezzanine tranches in which the Fund may invest may </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">also be subject to certain risks similar to risks associated with investment in the subordinated </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">tranche. See &#8220;Risks&#8212; CLO, CDO and CBO Risk&#8212;CLO Subordinated Notes Risk.&#8221;</span></div> </div> </td> </tr>
<tr style="height: 179.3pt;">
<td style="background-color: #ffffff; padding-bottom: 1.5pt; padding-top: 7pt; vertical-align: Top; width: 131.5pt;"> <div style="line-height: 0.5pt; text-align: left;"> <div style="margin-right: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">&#160;</span></div> </div> </td>
<td style="background-color: #ffffff; padding-bottom: 1.5pt; padding-top: 7pt; vertical-align: Top; width: 384.5pt;"> <div style="line-height: 11.02pt; text-align: left;"> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-style: italic; margin-left: 0.0pt;">Risks Associated with Risk-Linked Securities</span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">. RLS are a form of derivative issued by insurance </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">companies and insurance-related special purpose vehicles that apply securitization techniques </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">to catastrophic property and casualty damages. Unlike other insurable low-severity, high-</span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">probability events (such as auto collision coverage), the insurance risk of which can be </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">diversified by writing large numbers of similar policies, the holders of a typical RLS are </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">exposed to the risks from high-severity, low-probability events such as that posed by major </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">earthquakes or hurricanes. RLS represent a method of reinsurance, by which insurance </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">companies transfer their own portfolio risk to other reinsurance companies and, in the case of </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">RLS, to the capital markets. A typical RLS provides for income and return of capital similar to </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">other fixed-income investments, but involves full or partial default if losses resulting from a </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">certain catastrophe exceeded a predetermined amount. In essence, investors invest funds in </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">RLS and if a catastrophe occurs that &#8220;triggers&#8221; the RLS, investors may lose some or all of the </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">capital invested. In the case of an event, the funds are paid to the bond sponsor&#8212;an insurer, </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">reinsurer or corporation&#8212;to cover losses. In return, the bond sponsors pay interest to investors </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">for this catastrophe protection. RLS can be structured to pay-off on three types of variables&#8212;</span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">insurance-industry catastrophe loss indices, insure-specific catastrophe losses and parametric </span></div> </div> </td> </tr> </table> </div> </div> <div style="clear: both;"></div> <div style="float: left; margin-left: 39pt; margin-top: 12pt; width: 516pt; min-height: 12pt;"> <div style="line-height: 10.02pt; text-align: center;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; line-height: 10.02pt; margin-left: 0%;">19</span></div> </div> </div> </div> <div style="float: left; margin-bottom: 5.0pt; width: 100%;"></div> <hr style="clear: both; margin: 40.0pt 0.25pt 0.25pt 0.25pt;" /></div> <div> <div><a id="xx_4afe4159-96c7-4c11-87a9-46b0c559bfad_20"></a> <div style="page-break-after: always; position: relative;"> <div style="clear: both;"></div> <div style="float: left; margin-left: 39pt; margin-top: 36pt; width: 516pt; min-height: 696pt;"> <div style="margin-top: 0.0pt;">
<table style="empty-cells: show; width: 516pt;" cellpadding="0" cellspacing="0">
<tr style="height: 83.12pt;">
<td style="background-color: #ffffff; padding-bottom: 7pt; padding-top: 7pt; vertical-align: Top; width: 131.5pt;"> <div style="line-height: 0.5pt; text-align: left;"> <div style="margin-right: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">&#160;</span></div> </div> </td>
<td style="background-color: #ffffff; padding-bottom: 7pt; padding-top: 7pt; vertical-align: Top; width: 384.5pt;"> <div style="line-height: 11.02pt; text-align: left;"> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">indices based on the physical characteristics of catastrophic events. Such variables are difficult </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">to predict or model, and the risk and potential return profiles of RLS may be difficult to </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">assess. Catastrophe-related RLS have been in use since the 1990s, and the securitization and </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">risk-transfer aspects of such RLS are beginning to be employed in other insurance and risk-</span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">related areas. No active trading market may exist for certain RLS, which may impair the </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">ability of the Fund to realize full value in the event of the need to liquidate such assets. See </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">&#8220;Risks&#8212;Risks Associated with Risk-Linked Securities.&#8221;</span></div> </div> </td> </tr>
<tr style="height: 131.2pt;">
<td style="background-color: #ffffff; padding-bottom: 7pt; padding-top: 7pt; vertical-align: Top; width: 131.5pt;"> <div style="line-height: 0.5pt; text-align: left;"> <div style="margin-right: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">&#160;</span></div> </div> </td>
<td style="background-color: #ffffff; padding-bottom: 7pt; padding-top: 7pt; vertical-align: Top; width: 384.5pt;"> <div style="line-height: 11.02pt; text-align: left;"> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-style: italic; margin-left: 0.0pt;">Risks Associated with Structured Notes</span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">. Investments in structured notes involve risks </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">associated with the issuer of the note and the reference instrument. Where the Fund&#8217;s </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">investments in structured notes are based upon the movement of one or more factors, </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">including currency exchange rates, interest rates, referenced bonds and stock indices, </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">depending on the factor used and the use of multipliers or deflators, changes in interest rates </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">and movement of the factor may cause significant price fluctuations. Additionally, changes in </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">the reference instrument or security may cause the interest rate on the structured note to be </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">reduced to zero, and any further changes in the reference instrument may then reduce the </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">principal amount payable on maturity. Structured notes may be less liquid than other types of </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">securities and more volatile than the reference instrument or security underlying the note. See </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">&#8220;Risks&#8212;Risks Associated with Structured Notes Risk.&#8221;</span></div> </div> </td> </tr>
<tr style="height: 98.14pt;">
<td style="background-color: #ffffff; padding-bottom: 7pt; padding-top: 7pt; vertical-align: Top; width: 131.5pt;"> <div style="line-height: 0.5pt; text-align: left;"> <div style="margin-right: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">&#160;</span></div> </div> </td>
<td style="background-color: #ffffff; padding-bottom: 7pt; padding-top: 7pt; vertical-align: Top; width: 384.5pt;"> <div style="line-height: 11.02pt; text-align: left;"> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-style: italic; margin-left: 0.0pt;">Senior Loans Risk</span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">. The Fund may invest in senior secured floating rate Loans made to </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">corporations and other non-governmental entities and issuers (&#8220;Senior Loans&#8221;). Senior Loans </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">typically hold the most senior position in the capital structure of the issuing entity, are </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">typically secured with specific collateral and typically have a claim on the assets of the </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">borrower, including stock owned by the borrower in its subsidiaries, that is senior to that held </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">by junior lien creditors, subordinated debt holders and stockholders of the borrower. The </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">Fund&#8217;s investments in Senior Loans are typically below investment grade and are considered </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">speculative because of the credit risk of the applicable issuer.</span></div> </div> </td> </tr>
<tr style="height: 87.12pt;">
<td style="background-color: #ffffff; padding-bottom: 7pt; padding-top: 7pt; vertical-align: Top; width: 131.5pt;"> <div style="line-height: 0.5pt; text-align: left;"> <div style="margin-right: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">&#160;</span></div> </div> </td>
<td style="background-color: #ffffff; padding-bottom: 7pt; padding-top: 7pt; vertical-align: Top; width: 384.5pt;"> <div style="line-height: 11.02pt; text-align: left;"> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">There is less readily-available, reliable information about most Senior Loans than is the case </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">for many other types of securities. In addition, there is rarely a minimum rating or other </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">independent evaluation of a borrower or its securities, and the Adviser relies primarily on its </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">own evaluation of a borrower&#8217;s credit quality rather than on any available independent sources. </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">As a result, the Fund is particularly dependent on the analytical abilities of the Adviser with </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">respect to investments in Senior Loans. The Adviser&#8217;s judgment about the credit quality of a </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">borrower may be wrong.</span></div> </div> </td> </tr>
<tr style="height: 98.14pt;">
<td style="background-color: #ffffff; padding-bottom: 7pt; padding-top: 7pt; vertical-align: Top; width: 131.5pt;"> <div style="line-height: 0.5pt; text-align: left;"> <div style="margin-right: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">&#160;</span></div> </div> </td>
<td style="background-color: #ffffff; padding-bottom: 7pt; padding-top: 7pt; vertical-align: Top; width: 384.5pt;"> <div style="line-height: 11.02pt; text-align: left;"> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">The risks associated with Senior Loans of below-investment grade quality are similar to the </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">risks of other lower grade Income Securities, although Senior Loans are typically senior in </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">payment priority and secured on a senior priority basis, in contrast to subordinated and </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">unsecured Income Securities. Senior Loans&#8217; higher priority has historically resulted in </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">generally higher recoveries in the event of a corporate reorganization. In addition, because </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">their interest payments are adjusted for changes in short-term interest rates, investments in </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">Senior Loans have less interest rate risk than certain other lower grade Income Securities, </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">which may have fixed interest rates. See &#8220;Risks&#8212;Senior Loans Risk.&#8221;</span></div> </div> </td> </tr>
<tr style="height: 179.3pt;">
<td style="background-color: #ffffff; padding-bottom: 1.5pt; padding-top: 7pt; vertical-align: Top; width: 131.5pt;"> <div style="line-height: 0.5pt; text-align: left;"> <div style="margin-right: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">&#160;</span></div> </div> </td>
<td style="background-color: #ffffff; padding-bottom: 1.5pt; padding-top: 7pt; vertical-align: Top; width: 384.5pt;"> <div style="line-height: 11.02pt; text-align: left;"> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-style: italic; margin-left: 0.0pt;">Second Lien Loans Risk</span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">. The Fund may invest in &#8220;second lien&#8221; secured floating rate Loans </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">made by public and private corporations and other non-governmental entities and issuers for a </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">variety of purposes (&#8220;Second Lien Loans&#8221;). Second Lien Loans are typically second in right </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">of payment and/or second in right of priority with respect to collateral remedies to one or </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">more Senior Loans of the related borrower. Second Lien Loans are subject to the same risks </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">associated with investment in Senior Loans and other lower grade Income Securities. </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">However, Second Lien Loans are second in right of payment and/or second in right of priority </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">with respect to collateral remedies to Senior Loans and therefore are subject to the additional </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">risk that the cash flow of the borrower and/or the value of any property securing the Loan may </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">be insufficient to meet scheduled payments or otherwise be available to repay the Loan after </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">giving effect to payments in respect of a Senior Loan, including payments made with the </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">proceeds of any property securing the Loan and any senior secured obligations of the </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">borrower. Second Lien Loans are expected to have greater price volatility and exposure to </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">losses upon default than Senior Loans and may be less liquid. There is also a possibility that </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">originators will not be able to sell participations in Second Lien Loans, which would create </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">greater credit risk exposure. See &#8220;Risks&#8212;Second Lien Loans Risk.&#8221;</span></div> </div> </td> </tr> </table> </div> </div> <div style="clear: both;"></div> <div style="float: left; margin-left: 39pt; margin-top: 12pt; width: 516pt; min-height: 12pt;"> <div style="line-height: 10.02pt; text-align: center;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; line-height: 10.02pt; margin-left: 0%;">20</span></div> </div> </div> </div> <div style="float: left; margin-bottom: 5.0pt; width: 100%;"></div> <hr style="clear: both; margin: 40.0pt 0.25pt 0.25pt 0.25pt;" /></div> <div> <div><a id="xx_4afe4159-96c7-4c11-87a9-46b0c559bfad_21"></a> <div style="page-break-after: always; position: relative;"> <div style="clear: both;"></div> <div style="float: left; margin-left: 39pt; margin-top: 36pt; width: 516pt; min-height: 696pt;"> <div style="margin-top: 0.0pt;">
<table style="empty-cells: show; width: 516pt;" cellpadding="0" cellspacing="0">
<tr style="height: 116.18pt;">
<td style="background-color: #ffffff; padding-bottom: 7pt; padding-top: 7pt; vertical-align: Top; width: 131.5pt;"> <div style="line-height: 0.5pt; text-align: left;"> <div style="margin-right: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">&#160;</span></div> </div> </td>
<td style="background-color: #ffffff; padding-bottom: 7pt; padding-top: 7pt; vertical-align: Top; width: 384.5pt;"> <div style="line-height: 11.02pt; text-align: left;"> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-style: italic; margin-left: 0.0pt;">Subordinated Secured Loans Risk</span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">. Subordinated secured Loans generally are subject to similar </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">risks as those associated with investment in Senior Loans, Second Lien Loans and below </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">investment grade securities. However, such loans may rank lower in right of payment than any </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">outstanding Senior Loans, Second Lien Loans or other debt instruments with higher priority </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">of the borrower and therefore are subject to additional risk that the cash flow of the borrower </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">and any property securing the loan may be insufficient to meet scheduled payments and </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">repayment of principal in the event of default or bankruptcy after giving effect to the higher </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">ranking secured obligations of the borrower. Subordinated secured Loans are expected to have </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">greater price volatility than Senior Loans and Second Lien Loans and may be less liquid. See </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">&#8220;Risks&#8212;Subordinated Secured Loans Risk.&#8221;</span></div> </div> </td> </tr>
<tr style="height: 120.18pt;">
<td style="background-color: #ffffff; padding-bottom: 7pt; padding-top: 7pt; vertical-align: Top; width: 131.5pt;"> <div style="line-height: 0.5pt; text-align: left;"> <div style="margin-right: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">&#160;</span></div> </div> </td>
<td style="background-color: #ffffff; padding-bottom: 7pt; padding-top: 7pt; vertical-align: Top; width: 384.5pt;"> <div style="line-height: 11.02pt; text-align: left;"> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-style: italic; margin-left: 0.0pt;">Unsecured Loans Risk</span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">. Unsecured Loans generally are subject to similar risks as those </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">associated with investment in Senior Loans, Second Lien Loans, subordinated secured Loans </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">and below investment grade securities. However, because unsecured Loans have lower priority </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">in right of payment to any higher ranking obligations of the borrower and are not backed by a </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">security interest in any specific collateral, they are subject to additional risk that the cash flow </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">of the borrower and available assets may be insufficient to meet scheduled payments and </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">repayment of principal after giving effect to any higher ranking obligations of the borrower. </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">Unsecured Loans are expected to have greater price volatility than Senior Loans, Second Lien </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">Loans and subordinated secured Loans and may be less liquid. See &#8220;Risks&#8212;Unsecured Loans </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">Risk.&#8221;</span></div> </div> </td> </tr>
<tr style="height: 285.48pt;">
<td style="background-color: #ffffff; padding-bottom: 7pt; padding-top: 7pt; vertical-align: Top; width: 131.5pt;"> <div style="line-height: 0.5pt; text-align: left;"> <div style="margin-right: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">&#160;</span></div> </div> </td>
<td style="background-color: #ffffff; padding-bottom: 7pt; padding-top: 7pt; vertical-align: Top; width: 384.5pt;"> <div style="line-height: 11.02pt; text-align: left;"> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-style: italic; margin-left: 0.0pt;">Loans and Loan Participations and Assignments Risk</span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">. The Fund may invest in loans directly </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">or through participations or assignments. The Fund may purchase Loans on a direct </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">assignment basis from a participant in the original syndicate of lenders or from subsequent </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">assignees of such interests. The Fund may also purchase, without limitation, participations in </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">Loans. The purchaser of an assignment typically succeeds to all the rights and obligations of </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">the assigning institution and becomes a lender under the credit agreement with respect to the </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">debt obligation; however, the purchaser&#8217;s rights can be more restricted than those of the </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">assigning institution, and, in any event, the Fund may not be able to unilaterally enforce all </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">rights and remedies under the loan and with regard to any associated collateral. A participation </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">typically results in a contractual relationship only with the institution participating out the </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">interest, not with the borrower. In purchasing participations, the Fund generally will have no </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">right to enforce compliance by the borrower with the terms of the loan agreement against the </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">borrower, and the Fund may not directly benefit from the collateral supporting the debt </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">obligation in which it has purchased the participation. As a result, the Fund will be exposed to </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">the credit risk of both the borrower and the institution selling the participation. Further, in </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">purchasing participations in lending syndicates, the Fund may not be able to conduct the same </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">due diligence on the borrower with respect to a Senior Loan that the Fund would otherwise </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">conduct. In addition, as a holder of the participations, the Fund may not have voting rights or </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">inspection rights that the Fund would otherwise have if it were investing directly in the Senior </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">Loan, which may result in the Fund being exposed to greater credit or fraud risk with respect </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">to the borrower or the Senior Loan. Lenders selling a participation and other persons inter-</span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">positioned between the lender and the Fund with respect to a participation will likely conduct </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">their principal business activities in the banking, finance and financial services industries. </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">Because the Fund may invest in participations, the Fund may be more susceptible to </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">economic, political or regulatory occurrences affecting such industries.</span></div> </div> </td> </tr>
<tr style="height: 135.22pt;">
<td style="background-color: #ffffff; padding-bottom: 1.5pt; padding-top: 7pt; vertical-align: Top; width: 131.5pt;"> <div style="line-height: 0.5pt; text-align: left;"> <div style="margin-right: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">&#160;</span></div> </div> </td>
<td style="background-color: #ffffff; padding-bottom: 1.5pt; padding-top: 7pt; vertical-align: Top; width: 384.5pt;"> <div style="line-height: 11.02pt; text-align: left;"> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">Certain of the loan participations or assignments acquired by the Fund may involve unfunded </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">commitments of the lenders, revolving credit facilities, delayed draw credit facilities or other </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">investments under which a borrower may from time to time borrow and repay amounts up to </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">the maximum amount of the facility. In such cases, the Fund would have an obligation to </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">advance its portion of such additional borrowings upon the terms specified in the loan </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">documentation. Such an obligation may have the effect of requiring the Fund to increase its </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">investment in a company at a time when it might not be desirable to do so (including at a time </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">when the company&#8217;s financial condition makes it unlikely that such amounts will be repaid). </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">These commitments are generally subject to the borrowers meeting certain criteria such as </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">compliance with covenants and certain operational metrics. The terms of the borrowings and </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">financings subject to commitment are comparable to the terms of other loans and related </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">investments in the Fund&#8217;s portfolio.</span></div> </div> </td> </tr> </table> </div> </div> <div style="clear: both;"></div> <div style="float: left; margin-left: 39pt; margin-top: 12pt; width: 516pt; min-height: 12pt;"> <div style="line-height: 10.02pt; text-align: center;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; line-height: 10.02pt; margin-left: 0%;">21</span></div> </div> </div> </div> <div style="float: left; margin-bottom: 5.0pt; width: 100%;"></div> <hr style="clear: both; margin: 40.0pt 0.25pt 0.25pt 0.25pt;" /></div> <div> <div><a id="xx_4afe4159-96c7-4c11-87a9-46b0c559bfad_22"></a> <div style="page-break-after: always; position: relative;"> <div style="clear: both;"></div> <div style="float: left; margin-left: 39pt; margin-top: 36pt; width: 516pt; min-height: 696pt;"> <div style="margin-top: 0.0pt;">
<table style="empty-cells: show; width: 516pt;" cellpadding="0" cellspacing="0">
<tr style="height: 182.3pt;">
<td style="background-color: #ffffff; padding-bottom: 7pt; padding-top: 7pt; vertical-align: Top; width: 131.5pt;"> <div style="line-height: 0.5pt; text-align: left;"> <div style="margin-right: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">&#160;</span></div> </div> </td>
<td style="background-color: #ffffff; padding-bottom: 7pt; padding-top: 7pt; vertical-align: Top; width: 384.5pt;"> <div style="line-height: 11.02pt; text-align: left;"> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">Loans are especially vulnerable to the financial health, or perceived financial health, of the </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">borrower but are also particularly susceptible to economic and market sentiment such that </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">changes in these conditions or the occurrence of other economic or market events may reduce </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">the demand for loans and cause their value to decline rapidly and unpredictably. Many loans </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">and loan interests are subject to legal or contractual restrictions on transfer, resale or </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">assignment that may limit the ability of the Fund to sell its interest in a loan at an </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">advantageous time or price. The resale, or secondary, market for loans is currently growing, </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">but may become more limited or more difficult to access, and such changes may be sudden </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">and unpredictable. Transactions in loans are often subject to long settlement periods (in excess </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">of the standard T+2 days settlement cycle for most securities and often longer than seven </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">days). As a result, sale proceeds potentially will not be available to the Fund to make </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">additional investments or to use proceeds to meet its current obligations. The Fund thus is </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">subject to the risk of selling other investments at disadvantageous times or prices or taking </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">other actions necessary to raise cash to meet its obligations such as borrowing from a bank or </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">holding additional cash, particularly during periods of unusual market or economic conditions </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">or financial stress.</span></div> </div> </td> </tr>
<tr style="height: 98.14pt;">
<td style="background-color: #ffffff; padding-bottom: 7pt; padding-top: 7pt; vertical-align: Top; width: 131.5pt;"> <div style="line-height: 0.5pt; text-align: left;"> <div style="margin-right: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">&#160;</span></div> </div> </td>
<td style="background-color: #ffffff; padding-bottom: 7pt; padding-top: 7pt; vertical-align: Top; width: 384.5pt;"> <div style="line-height: 11.02pt; text-align: left;"> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">The Fund invests in or is exposed to loans and other similar debt obligations that are </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">sometimes referred to as &#8220;covenant-lite&#8221; loans or obligations (&#8220;covenant-lite obligations&#8221;), </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">which are generally subject to more risk than investments that contain traditional financial </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">maintenance covenants and financial reporting requirements. The Fund may have fewer rights </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">with respect to covenant-lite obligations, including fewer protections against the possibility of </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">default and fewer remedies in the event of default. As a result, investments in (or exposure to) </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">covenant-lite obligations are subject to more risk than investments in (or exposure to) certain </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">other types of obligations.</span></div> </div> </td> </tr>
<tr style="height: 54.06pt;">
<td style="background-color: #ffffff; padding-bottom: 7pt; padding-top: 7pt; vertical-align: Top; width: 131.5pt;"> <div style="line-height: 0.5pt; text-align: left;"> <div style="margin-right: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">&#160;</span></div> </div> </td>
<td style="background-color: #ffffff; padding-bottom: 7pt; padding-top: 7pt; vertical-align: Top; width: 384.5pt;"> <div style="line-height: 11.02pt; text-align: left;"> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">The Fund is subject to other risks associated with investments in (or exposure to) loans and </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">other similar obligations, including that such loans or obligations may not be considered </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">&#8220;securities&#8221; and, as a result, the Fund may not be entitled to rely on the anti-fraud protections </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">under the federal securities laws and instead may have to resort to state law and direct claims.</span></div> </div> </td> </tr>
<tr style="height: 153.24pt;">
<td style="background-color: #ffffff; padding-bottom: 7pt; padding-top: 7pt; vertical-align: Top; width: 131.5pt;"> <div style="line-height: 0.5pt; text-align: left;"> <div style="margin-right: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">&#160;</span></div> </div> </td>
<td style="background-color: #ffffff; padding-bottom: 7pt; padding-top: 7pt; vertical-align: Top; width: 384.5pt;"> <div style="line-height: 11.02pt; text-align: left;"> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-style: italic; margin-left: 0.0pt;">Mezzanine Investments Risk</span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">. The Fund may invest in certain lower grade securities known as </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">&#8220;Mezzanine Investments,&#8221; which are subordinated debt securities that are generally issued in </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">private placements in connection with an equity security (e.g., with attached warrants) or may </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">be convertible into equity securities. Mezzanine Investments are subject to the same risks </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">associated with investment in Senior Loans, Second Lien Loans and other lower grade Income </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">Securities. However, Mezzanine Investments may rank lower in right of payment than any </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">outstanding Senior Loans and Second Lien Loans of the borrower, or may be unsecured (i.e., </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">not backed by a security interest in any specific collateral), and are subject to the additional </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">risk that the cash flow of the borrower and available assets may be insufficient to meet </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">scheduled payments after giving effect to any higher ranking obligations of the borrower. </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">Mezzanine Investments are expected to have greater price volatility and exposure to losses </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">upon default than Senior Loans and Second Lien Loans and may be less liquid. See &#8220;Risks&#8212;</span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">Mezzanine Investments Risk.&#8221;</span></div> </div> </td> </tr>
<tr style="height: 131.2pt;">
<td style="background-color: #ffffff; padding-bottom: 7pt; padding-top: 7pt; vertical-align: Top; width: 131.5pt;"> <div style="line-height: 0.5pt; text-align: left;"> <div style="margin-right: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">&#160;</span></div> </div> </td>
<td style="background-color: #ffffff; padding-bottom: 7pt; padding-top: 7pt; vertical-align: Top; width: 384.5pt;"> <div style="line-height: 11.02pt; text-align: left;"> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-style: italic; margin-left: 0.0pt;">Distressed and Defaulted Securities Risk</span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">. Investments in the securities of financially </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">distressed issuers involve substantial risks. These securities may present a substantial risk of </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">default or may be in default at the time of investment. The Fund may incur additional expenses </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">to the extent it is required to seek recovery upon a default in the payment of principal or </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">interest on its portfolio holdings. In any reorganization or liquidation proceeding relating to a </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">portfolio company, the Fund may lose its entire investment or may be required to accept cash </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">or securities with a value less than its original investment. Among the risks inherent in </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">investments in a troubled entity is the fact that it frequently may be difficult to obtain </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">information as to the true financial condition of such issuer. The Adviser&#8217;s judgment about the </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">credit quality of the issuer and the relative value and liquidity of its securities may prove to be </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">wrong. See &#8220;Risks&#8212;Distressed and Defaulted Securities Risk.&#8221;</span></div> </div> </td> </tr>
<tr style="height: 69.1pt;">
<td style="background-color: #ffffff; padding-bottom: 1.5pt; padding-top: 7pt; vertical-align: Top; width: 131.5pt;"> <div style="line-height: 0.5pt; text-align: left;"> <div style="margin-right: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">&#160;</span></div> </div> </td>
<td style="background-color: #ffffff; padding-bottom: 1.5pt; padding-top: 7pt; vertical-align: Top; width: 384.5pt;"> <div style="line-height: 11.02pt; text-align: left;"> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-style: italic; margin-left: 0.0pt;">Convertible Securities Risk</span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">. Convertible securities, debt or preferred equity securities </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">convertible into, or exchangeable for, equity securities, are generally preferred stocks and </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">other securities, including fixed-income securities and warrants that are convertible into or </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">exercisable for common stock. Convertible securities generally participate in the appreciation </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">or depreciation of the underlying stock into which they are convertible, but to a lesser degree </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">and are subject to the risks associated with debt and equity securities, including interest rate, </span></div> </div> </td> </tr> </table> </div> </div> <div style="clear: both;"></div> <div style="float: left; margin-left: 39pt; margin-top: 12pt; width: 516pt; min-height: 12pt;"> <div style="line-height: 10.02pt; text-align: center;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; line-height: 10.02pt; margin-left: 0%;">22</span></div> </div> </div> </div> <div style="float: left; margin-bottom: 5.0pt; width: 100%;"></div> <hr style="clear: both; margin: 40.0pt 0.25pt 0.25pt 0.25pt;" /></div> <div> <div><a id="xx_4afe4159-96c7-4c11-87a9-46b0c559bfad_23"></a> <div style="page-break-after: always; position: relative;"> <div style="clear: both;"></div> <div style="float: left; margin-left: 39pt; margin-top: 36pt; width: 516pt; min-height: 696pt;"> <div style="margin-top: 0.0pt;">
<table style="empty-cells: show; width: 516pt;" cellpadding="0" cellspacing="0">
<tr style="height: 94.14pt;">
<td style="background-color: #ffffff; padding-bottom: 7pt; padding-top: 7pt; vertical-align: Top; width: 131.5pt;"> <div style="line-height: 0.5pt; text-align: left;"> <div style="margin-right: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">&#160;</span></div> </div> </td>
<td style="background-color: #ffffff; padding-bottom: 7pt; padding-top: 7pt; vertical-align: Top; width: 384.5pt;"> <div style="line-height: 11.02pt; text-align: left;"> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">market and issuer risks. For example, if market interest rates rise, the value of a convertible </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">security usually falls. Certain convertible securities may combine higher or lower current </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">income with options and other features. Warrants are options to buy a stated number of shares </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">of common stock at a specified price anytime during the life of the warrants (generally, two or </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">more years). Convertible securities may be lower-rated securities subject to greater levels of </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">credit risk. A convertible security may be converted before it would otherwise be most </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">appropriate, which may have an adverse effect on the Fund&#8217;s ability to achieve its investment </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">objective.</span></div> </div> </td> </tr>
<tr style="height: 87.12pt;">
<td style="background-color: #ffffff; padding-bottom: 7pt; padding-top: 7pt; vertical-align: Top; width: 131.5pt;"> <div style="line-height: 0.5pt; text-align: left;"> <div style="margin-right: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">&#160;</span></div> </div> </td>
<td style="background-color: #ffffff; padding-bottom: 7pt; padding-top: 7pt; vertical-align: Top; width: 384.5pt;"> <div style="line-height: 11.02pt; text-align: left;"> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">&#8220;Synthetic&#8221; convertible securities are selected based on the similarity of their economic </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">characteristics to those of a traditional convertible security due to the combination of separate </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">securities that possess the two principal characteristics of a traditional convertible security, i.e., </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">an income-producing security (&#8220;income-producing component&#8221;) and the right to acquire an </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">equity security (&#8220;convertible component&#8221;). The income-producing component is achieved by </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">investing in non-convertible, income-producing securities such as bonds, preferred stocks and </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">money market instruments, which may be represented by derivative instruments.</span></div> </div> </td> </tr>
<tr style="height: 87.12pt;">
<td style="background-color: #ffffff; padding-bottom: 7pt; padding-top: 7pt; vertical-align: Top; width: 131.5pt;"> <div style="line-height: 0.5pt; text-align: left;"> <div style="margin-right: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">&#160;</span></div> </div> </td>
<td style="background-color: #ffffff; padding-bottom: 7pt; padding-top: 7pt; vertical-align: Top; width: 384.5pt;"> <div style="line-height: 11.02pt; text-align: left;"> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">The convertible component is achieved by investing in securities or instruments such as </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">warrants or options to buy common stock at a certain exercise price, or options on a stock </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">index. A simple example of a synthetic convertible security is the combination of a traditional </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">corporate bond with a warrant to purchase equity securities of the issuer of the bond. The </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">income-producing and convertible components of a synthetic convertible security may be </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">issued separately by different issuers and at different times. See &#8220;Risks&#8212;Convertible </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">Securities Risk.&#8221;</span></div> </div> </td> </tr>
<tr style="height: 120.18pt;">
<td style="background-color: #ffffff; padding-bottom: 7pt; padding-top: 7pt; vertical-align: Top; width: 131.5pt;"> <div style="line-height: 0.5pt; text-align: left;"> <div style="margin-right: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">&#160;</span></div> </div> </td>
<td style="background-color: #ffffff; padding-bottom: 7pt; padding-top: 7pt; vertical-align: Top; width: 384.5pt;"> <div style="line-height: 11.02pt; text-align: left;"> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-style: italic; margin-left: 0.0pt;">Preferred Stock Risks</span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">. The Fund may invest in preferred stock. Preferred stock represents an </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">equity interest in a company that generally entitles the holder to receive, in preference to the </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">holders of other stocks such as common stocks, dividends and a fixed share of the proceeds </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">resulting from a liquidation of the company. Preferred stocks may pay fixed or adjustable rates </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">of return. Preferred stock is subject to issuer-specific and market risks applicable generally to </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">equity securities. In addition, a company&#8217;s preferred stock generally pays dividends (if </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">declared) only after the company makes required payments to holders of its bonds and other </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">debt. For this reason, the value of preferred stock will usually react more strongly than bonds </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">and other debt to actual or perceived changes in the company&#8217;s financial condition or </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">prospects.</span></div> </div> </td> </tr>
<tr style="height: 65.08pt;">
<td style="background-color: #ffffff; padding-bottom: 7pt; padding-top: 7pt; vertical-align: Top; width: 131.5pt;"> <div style="line-height: 0.5pt; text-align: left;"> <div style="margin-right: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">&#160;</span></div> </div> </td>
<td style="background-color: #ffffff; padding-bottom: 7pt; padding-top: 7pt; vertical-align: Top; width: 384.5pt;"> <div style="line-height: 11.02pt; text-align: left;"> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">Preferred stock has properties of both an equity and a debt instrument and is generally </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">considered a hybrid instrument. Preferred stock is senior to common stock, but is subordinate </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">to bonds in terms of claims or rights to their share of the assets of the company. Preferred </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">stocks may be significantly less liquid than many other securities, such as U.S. Government </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">securities, corporate debt and common stock. See &#8220;Risks&#8212;Preferred Stock Risk.&#8221;</span></div> </div> </td> </tr>
<tr style="height: 212.36pt;">
<td style="background-color: #ffffff; padding-bottom: 1.5pt; padding-top: 7pt; vertical-align: Top; width: 131.5pt;"> <div style="line-height: 0.5pt; text-align: left;"> <div style="margin-right: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">&#160;</span></div> </div> </td>
<td style="background-color: #ffffff; padding-bottom: 1.5pt; padding-top: 7pt; vertical-align: Top; width: 384.5pt;"> <div style="line-height: 11.02pt; text-align: left;"> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-style: italic; margin-left: 0.0pt;">Foreign Securities Risk</span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">. The Fund may invest up to 20% of its total assets in non-U.S. dollar-</span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">denominated Income Securities of foreign issuers. Investing in foreign issuers may involve </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">certain risks not typically associated with investing in securities of U.S. issuers due to </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">increased exposure to foreign economic, political and legal developments, including favorable </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">or unfavorable changes in currency exchange rates, exchange control regulations (including </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">currency blockage), expropriation or nationalization of assets, imposition of withholding taxes </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">on payments, and possible difficulty in obtaining and enforcing judgments against foreign </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">entities. Furthermore, issuers of foreign securities and obligations are subject to different, </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">often less comprehensive, accounting, reporting and disclosure requirements than domestic </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">issuers. The securities and obligations of some foreign companies and foreign markets are less </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">liquid and at times more volatile than comparable U.S. securities, obligations and markets. In </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">addition, such investments are subject to other adverse diplomatic investments, which may </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">include the imposition of economic or trade sanctions or other measures by the U.S. or other </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">governments and supranational organizations or changes in trade policies. These developments </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">may, among other things, limit the ability of the Fund to invest in certain securities or require </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">the disposition of an investment. These risks may be more pronounced to the extent that the </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">Fund invests a significant amount of its assets in companies located in one region and to the </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">extent that the Fund invests in securities of issuers in emerging markets. The Fund may also </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">invest in U.S. dollar- denominated Income Securities of foreign issuers, which are subject to </span></div> </div> </td> </tr> </table> </div> </div> <div style="clear: both;"></div> <div style="float: left; margin-left: 39pt; margin-top: 12pt; width: 516pt; min-height: 12pt;"> <div style="line-height: 10.02pt; text-align: center;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; line-height: 10.02pt; margin-left: 0%;">23</span></div> </div> </div> </div> <div style="float: left; margin-bottom: 5.0pt; width: 100%;"></div> <hr style="clear: both; margin: 40.0pt 0.25pt 0.25pt 0.25pt;" /></div> <div> <div><a id="xx_4afe4159-96c7-4c11-87a9-46b0c559bfad_24"></a> <div style="page-break-after: always; position: relative;"> <div style="clear: both;"></div> <div style="float: left; margin-left: 39pt; margin-top: 36pt; width: 516pt; min-height: 696pt;"> <div style="margin-top: 0.0pt;">
<table style="empty-cells: show; width: 516pt;" cellpadding="0" cellspacing="0">
<tr style="height: 39.04pt;">
<td style="background-color: #ffffff; padding-bottom: 7pt; padding-top: 7pt; vertical-align: Top; width: 131.5pt;"> <div style="line-height: 0.5pt; text-align: left;"> <div style="margin-right: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">&#160;</span></div> </div> </td>
<td style="background-color: #ffffff; padding-bottom: 7pt; padding-top: 7pt; vertical-align: Top; width: 384.5pt;"> <div style="line-height: 11.02pt; text-align: left;"> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">many of the risks described above regarding Income Securities of foreign issuers denominated </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">in foreign currencies. These risks are heightened under the current conditions. See &#8220;Risks&#8212; </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">Foreign Securities Risk.&#8221;</span></div> </div> </td> </tr>
<tr style="height: 307.52pt;">
<td style="background-color: #ffffff; padding-bottom: 7pt; padding-top: 7pt; vertical-align: Top; width: 131.5pt;"> <div style="line-height: 0.5pt; text-align: left;"> <div style="margin-right: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">&#160;</span></div> </div> </td>
<td style="background-color: #ffffff; padding-bottom: 7pt; padding-top: 7pt; vertical-align: Top; width: 384.5pt;"> <div style="line-height: 11.02pt; text-align: left;"> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-style: italic; margin-left: 0.0pt;">Emerging Markets Risk</span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">. The Fund may invest up to 10% of its total assets in Income </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">Securities the issuers of which are located in countries considered to be emerging markets. </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">Investing in securities in emerging countries generally entails greater risks than investing in </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">securities in developed countries. Securities issued by governments or issuers in emerging </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">market countries are more likely to have greater exposure to the risks of investing in foreign </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">securities. These risks are elevated under current conditions and include: (i) less social, </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">political and economic stability and potentially more volatile currency exchange rates; (ii) the </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">small current size of the markets for such securities, limited access to investments in the event </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">of market closures (including due to local holidays), and the currently low or nonexistent </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">volume of trading, which result in a lack of liquidity, in greater price volatility, and/or a higher </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">risk of failed trades or other trading issues; (iii) certain national policies which may restrict the </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">Fund&#8217;s investment opportunities, including restrictions on investment in issuers or industries </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">deemed sensitive to national interests, and trade barriers; (iv) foreign taxation; (v) the absence </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">of developed legal systems, including structures governing private or foreign investment or </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">allowing for judicial redress (such as limits on rights and remedies available to the Fund) for </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">investment losses and injury to private property; (vi) lower levels of government regulation, </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">which could lead to market manipulation, and less extensive and transparent accounting, </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">auditing, recordkeeping, financial reporting and other requirements which limit the quality </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">and availability of financial information; (vii) high rates of inflation for prolonged periods and </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">rapid interest rate changes; (viii) dependence on a few key trading partners and sensitivity to </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">adverse political or social events affecting the region where an emerging market is located </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">compared to developed market securities; and (ix) particular sensitivity to global economic </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">conditions, including adverse effects stemming from recessions, depressions or other </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">economic crises, or reliance on international or other forms of aid, including trade, taxation </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">and development policies. Sovereign debt of emerging countries may be in default or present a </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">greater risk of default, the risk of which is heightened given the current conditions. These risks </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">are heightened for investments in frontier markets.</span></div> </div> </td> </tr>
<tr style="height: 164.26pt;">
<td style="background-color: #ffffff; padding-bottom: 7pt; padding-top: 7pt; vertical-align: Top; width: 131.5pt;"> <div style="line-height: 0.5pt; text-align: left;"> <div style="margin-right: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">&#160;</span></div> </div> </td>
<td style="background-color: #ffffff; padding-bottom: 7pt; padding-top: 7pt; vertical-align: Top; width: 384.5pt;"> <div style="line-height: 11.02pt; text-align: left;"> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">The Sub-Adviser has broad discretion to identify countries that it considers to qualify as </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">&#8220;emerging markets.&#8221; In determining whether a country is an emerging market, the Sub-</span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">Adviser may take into account specific or general factors that the Sub-Adviser deems to be </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">relevant, including interest rates, inflation rates, exchange rates, monetary and fiscal policies, </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">trade and current account balances and/or legal, social and political developments, as well as </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">whether the country is considered to be emerging or developing by supranational </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">organizations such as the World Bank, the United Nations or other similar entities. Emerging </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">market countries generally will include countries with low gross national product per capita </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">and the potential for rapid economic growth and are likely to be located in Africa, Asia, the </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">Middle East, Eastern and Central Europe and Central and South America. In addition, the </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">impact of the economic and public health crisis in emerging market countries may be greater </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">due to their generally less established healthcare systems and capabilities with respect to fiscal </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">and monetary policies, which may exacerbate other pre-existing political, social and economic </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">risks. See &#8220;Risks&#8212;Emerging Markets Risk.&#8221;</span></div> </div> </td> </tr>
<tr style="height: 98.14pt;">
<td style="background-color: #ffffff; padding-bottom: 7pt; padding-top: 7pt; vertical-align: Top; width: 131.5pt;"> <div style="line-height: 0.5pt; text-align: left;"> <div style="margin-right: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">&#160;</span></div> </div> </td>
<td style="background-color: #ffffff; padding-bottom: 7pt; padding-top: 7pt; vertical-align: Top; width: 384.5pt;"> <div style="line-height: 11.02pt; text-align: left;"> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-style: italic; margin-left: 0.0pt;">Foreign Currency Risk</span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">. The value of securities denominated or quoted in foreign currencies </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">may be adversely affected by fluctuations in the relative currency exchange rates and by </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">exchange control regulations. The Fund&#8217;s investment performance may be negatively affected </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">by a devaluation of a currency in which the Fund&#8217;s investments are denominated or quoted. </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">Further, the Fund&#8217;s investment performance may be significantly affected, either positively or </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">negatively, by currency exchange rates because the U.S. dollar value of securities denominated </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">or quoted in another currency will increase or decrease in response to changes in the value of </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">such currency in relation to the U.S. dollar. See &#8220;Risks&#8212;Foreign Currency Risk.&#8221;</span></div> </div> </td> </tr>
<tr style="height: 80.12pt;">
<td style="background-color: #ffffff; padding-bottom: 1.5pt; padding-top: 7pt; vertical-align: Top; width: 131.5pt;"> <div style="line-height: 0.5pt; text-align: left;"> <div style="margin-right: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">&#160;</span></div> </div> </td>
<td style="background-color: #ffffff; padding-bottom: 1.5pt; padding-top: 7pt; vertical-align: Top; width: 384.5pt;"> <div style="line-height: 11.02pt; text-align: left;"> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-style: italic; margin-left: 0.0pt;">Sovereign Debt Risk</span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">. Investments in sovereign debt involve special risks. Foreign </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">governmental issuers of debt or the governmental authorities that control the repayment of the </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">debt may be unable or unwilling to repay principal or pay interest when due. In the event of </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">default, there may be limited or no legal recourse in that, generally, remedies for defaults must </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">be pursued in the courts of the defaulting party. Political conditions, especially a sovereign </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">entity&#8217;s willingness to meet the terms of its debt obligations, are of considerable significance. </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">The ability of a foreign sovereign issuer, especially an emerging market country, to make </span></div> </div> </td> </tr> </table> </div> </div> <div style="clear: both;"></div> <div style="float: left; margin-left: 39pt; margin-top: 12pt; width: 516pt; min-height: 12pt;"> <div style="line-height: 10.02pt; text-align: center;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; line-height: 10.02pt; margin-left: 0%;">24</span></div> </div> </div> </div> <div style="float: left; margin-bottom: 5.0pt; width: 100%;"></div> <hr style="clear: both; margin: 40.0pt 0.25pt 0.25pt 0.25pt;" /></div> <div> <div><a id="xx_4afe4159-96c7-4c11-87a9-46b0c559bfad_25"></a> <div style="page-break-after: always; position: relative;"> <div style="clear: both;"></div> <div style="float: left; margin-left: 39pt; margin-top: 36pt; width: 516pt; min-height: 696pt;"> <div style="margin-top: 0.0pt;">
<table style="empty-cells: show; width: 516pt;" cellpadding="0" cellspacing="0">
<tr style="height: 160.26pt;">
<td style="background-color: #ffffff; padding-bottom: 7pt; padding-top: 7pt; vertical-align: Top; width: 131.5pt;"> <div style="line-height: 0.5pt; text-align: left;"> <div style="margin-right: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">&#160;</span></div> </div> </td>
<td style="background-color: #ffffff; padding-bottom: 7pt; padding-top: 7pt; vertical-align: Top; width: 384.5pt;"> <div style="line-height: 11.02pt; text-align: left;"> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">timely payments on its debt obligations will also be strongly influenced by the sovereign </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">issuer&#8217;s balance of payments, including export performance, its access to international credit </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">facilities and investments, fluctuations of interest rates and the extent of its foreign reserves. </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">Certain issuers of sovereign debt may be dependent on disbursements from foreign </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">governments, multilateral agencies and others abroad to reduce principal and interest </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">arrearages on their debt. Such disbursements may be conditioned upon a debtor&#8217;s </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">implementation of economic reforms and/or economic performance and the timely service of </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">such debtor&#8217;s obligations. A failure on the part of the debtor to implement such reforms, </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">achieve such levels of economic performance or repay principal or interest when due may </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">result in the cancellation of such third parties&#8217; commitments to lend funds to the debtor, which </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">may impair the debtor&#8217;s ability to service its debts on a timely basis. As a holder of sovereign </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">debt, the Fund may be requested to participate in the restructuring of such sovereign </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">indebtedness, including the rescheduling of payments and the extension of further loans to </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">debtors, which may adversely affect the Fund. See &#8220;Risks&#8212;Sovereign Debt Risk.&#8221;</span></div> </div> </td> </tr>
<tr style="height: 329.56pt;">
<td style="background-color: #ffffff; padding-bottom: 7pt; padding-top: 7pt; vertical-align: Top; width: 131.5pt;"> <div style="line-height: 0.5pt; text-align: left;"> <div style="margin-right: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">&#160;</span></div> </div> </td>
<td style="background-color: #ffffff; padding-bottom: 7pt; padding-top: 7pt; vertical-align: Top; width: 384.5pt;"> <div style="line-height: 11.02pt; text-align: left;"> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-style: italic; margin-left: 0.0pt;">Common Equity Securities Risk</span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">. The Fund may invest up to 50% of its total assets in Common </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">Equity Securities. An adverse event, such as an unfavorable earnings report, may depress the </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">value of a particular common stock held by the Fund. Also, the prices of equity securities are </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">sensitive to general movements in the stock market, so a drop in the stock market may depress </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">the prices of equity securities to which the Fund has exposure. Common Equity Securities&#8217; </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">prices fluctuate for a number of reasons, including changes in investors&#8217; perceptions of the </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">financial condition of an issuer, the general condition of the relevant stock market, and </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">broader domestic and international political and economic events. The prices of Common </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">Equity Securities may also decline due to factors which affect a particular industry or </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">industries, such as labor shortages or increased production costs and competitive conditions </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">within an industry. The value of a particular common stock held by the Fund may decline for a </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">number of other reasons which directly relate to the issuer, such as management performance, </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">financial leverage, the issuer&#8217;s historical and prospective earnings, the value of its assets and </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">reduced demand for its goods and services. In addition, common stock prices may be </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">particularly sensitive to rising interest rates, as the cost of capital rises and borrowing costs </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">increase. The prices of Common Equity Securities are also sensitive to general movements in </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">the stock market, so a drop in the stock market may depress the prices of Common Equity </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">Securities to which the Fund has exposure. At times, stock markets can be volatile and stock </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">prices can change substantially and suddenly. While broad market measures of Common </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">Equity Securities have historically generated higher average returns than Income Securities, </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">Common Equity Securities have also experienced significantly more volatility in those </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">returns. Common Equity Securities in which the Fund may invest are structurally subordinated </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">to preferred stock, bonds and other debt instruments in a company&#8217;s capital structure in terms </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">of priority to corporate income and are therefore inherently more risky than preferred stock or </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">debt instruments of such issuers. Dividends on Common Equity Securities which the Fund </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">may hold are not fixed but are declared at the discretion of the issuer&#8217;s board of directors. </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">There is no guarantee that the issuers of the Common Equity Securities in which the Fund </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">invests will declare dividends in the future or that, if declared, they will remain at current </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">levels or increase over time. See &#8220;Risks&#8212;Common Equity Securities Risk.&#8221;</span></div> </div> </td> </tr>
<tr style="height: 98.14pt;">
<td style="background-color: #ffffff; padding-bottom: 7pt; padding-top: 7pt; vertical-align: Top; width: 131.5pt;"> <div style="line-height: 0.5pt; text-align: left;"> <div style="margin-right: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">&#160;</span></div> </div> </td>
<td style="background-color: #ffffff; padding-bottom: 7pt; padding-top: 7pt; vertical-align: Top; width: 384.5pt;"> <div style="line-height: 11.02pt; text-align: left;"> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-style: italic; margin-left: 0.0pt;">Risks Associated with the Fund&#8217;s Covered Call Option Strategy and Put Options</span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">. The ability of </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">the Fund to achieve its investment objective is partially dependent on the successful </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">implementation of its covered call option strategy. There are significant differences between </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">the securities and options markets that could result in an imperfect correlation between these </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">markets, causing a given transaction not to achieve its objectives. A decision as to whether, </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">when and how to use options involves the exercise of skill and judgment, and even a well-</span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">conceived transaction may be unsuccessful to some degree because of market behavior or </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">unexpected events.</span></div> </div> </td> </tr>
<tr style="height: 102.16pt;">
<td style="background-color: #ffffff; padding-bottom: 1.5pt; padding-top: 7pt; vertical-align: Top; width: 131.5pt;"> <div style="line-height: 0.5pt; text-align: left;"> <div style="margin-right: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">&#160;</span></div> </div> </td>
<td style="background-color: #ffffff; padding-bottom: 1.5pt; padding-top: 7pt; vertical-align: Top; width: 384.5pt;"> <div style="line-height: 11.02pt; text-align: left;"> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">The Fund may write call options on individual securities, securities indices, exchange-traded </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">funds (&#8220;ETFs&#8221;) and baskets of securities. The buyer of an option acquires the right, but not the </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">obligation, to buy (a call option) or sell (a put option) a certain quantity of a security (the </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">underlying security) or instrument, including a futures contract or swap, at a certain price up </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">to a specified point in time or on expiration, depending on the terms. The seller or writer of an </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">option is obligated to sell (a call option) or buy (a put option) the underlying instrument. A </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">call option is &#8220;covered&#8221; if the Fund owns the security or instrument underlying the call or has </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">an absolute right to acquire the security or instrument without additional cash consideration </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">(or, if additional cash consideration is required under current regulatory requirements, cash or </span></div> </div> </td> </tr> </table> </div> </div> <div style="clear: both;"></div> <div style="float: left; margin-left: 39pt; margin-top: 12pt; width: 516pt; min-height: 12pt;"> <div style="line-height: 10.02pt; text-align: center;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; line-height: 10.02pt; margin-left: 0%;">25</span></div> </div> </div> </div> <div style="float: left; margin-bottom: 5.0pt; width: 100%;"></div> <hr style="clear: both; margin: 40.0pt 0.25pt 0.25pt 0.25pt;" /></div> <div> <div><a id="xx_4afe4159-96c7-4c11-87a9-46b0c559bfad_26"></a> <div style="page-break-after: always; position: relative;"> <div style="clear: both;"></div> <div style="float: left; margin-left: 39pt; margin-top: 36pt; width: 516pt; min-height: 696pt;"> <div style="margin-top: 0.0pt;">
<table style="empty-cells: show; width: 516pt;" cellpadding="0" cellspacing="0">
<tr style="height: 83.12pt;">
<td style="background-color: #ffffff; padding-bottom: 7pt; padding-top: 7pt; vertical-align: Top; width: 131.5pt;"> <div style="line-height: 0.5pt; text-align: left;"> <div style="margin-right: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">&#160;</span></div> </div> </td>
<td style="background-color: #ffffff; padding-bottom: 7pt; padding-top: 7pt; vertical-align: Top; width: 384.5pt;"> <div style="line-height: 11.02pt; text-align: left;"> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">cash equivalents in such amount are segregated by the Fund&#8217;s custodian or earmarked on the </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">Fund&#8217;s books and records). As a seller of covered call options, the Fund faces the risk that it </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">will forgo the opportunity to profit from increases in the market value of the security or </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">instrument covering the call option during an option&#8217;s life. As the Fund writes covered calls </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">over more of its portfolio, its ability to benefit from capital appreciation becomes more </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">limited. For certain types of options, the writer of the option will have no control over the time </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">when it may be required to fulfill its obligation under the option.</span></div> </div> </td> </tr>
<tr style="height: 54.06pt;">
<td style="background-color: #ffffff; padding-bottom: 7pt; padding-top: 7pt; vertical-align: Top; width: 131.5pt;"> <div style="line-height: 0.5pt; text-align: left;"> <div style="margin-right: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">&#160;</span></div> </div> </td>
<td style="background-color: #ffffff; padding-bottom: 7pt; padding-top: 7pt; vertical-align: Top; width: 384.5pt;"> <div style="line-height: 11.02pt; text-align: left;"> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">There can be no assurance that a liquid market will exist if and when the Fund seeks to close </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">out an option position. Once an option writer has received an exercise notice, it cannot effect a </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">closing purchase transaction in order to terminate its obligation under the option and must </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">deliver the underlying security or instrument at the exercise price.</span></div> </div> </td> </tr>
<tr style="height: 175.28pt;">
<td style="background-color: #ffffff; padding-bottom: 7pt; padding-top: 7pt; vertical-align: Top; width: 131.5pt;"> <div style="line-height: 0.5pt; text-align: left;"> <div style="margin-right: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">&#160;</span></div> </div> </td>
<td style="background-color: #ffffff; padding-bottom: 7pt; padding-top: 7pt; vertical-align: Top; width: 384.5pt;"> <div style="line-height: 11.02pt; text-align: left;"> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">The Fund may purchase and write exchange-listed and OTC options. Options written by the </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">Fund with respect to non-U.S. securities, indices or sectors and other instruments generally </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">will be OTC options. OTC options differ from exchange-listed options in several respects. </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">They are transacted directly with the dealers and not with a clearing corporation, and therefore </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">entail the risk of non-performance by the dealer. OTC options are available for a greater </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">variety of securities and for a wider range of expiration dates and exercise prices than are </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">available for exchange-traded options. Because OTC options are not traded on an exchange, </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">pricing is done normally by reference to information from a market maker. OTC options are </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">subject to heightened counterparty, credit, liquidity and valuation risks. The Fund&#8217;s ability to </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">terminate OTC options is more limited than with exchange-traded options and may involve the </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">risk that broker-dealers participating in such transactions will not fulfill their obligations. The </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">hours of trading for options may not conform to the hours during which the underlying </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">securities are traded. The Fund&#8217;s options transactions will be subject to limitations established </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">by each of the exchanges, boards of trade or other trading facilities on which such options are </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">traded.</span></div> </div> </td> </tr>
<tr style="height: 142.22pt;">
<td style="background-color: #ffffff; padding-bottom: 7pt; padding-top: 7pt; vertical-align: Top; width: 131.5pt;"> <div style="line-height: 0.5pt; text-align: left;"> <div style="margin-right: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">&#160;</span></div> </div> </td>
<td style="background-color: #ffffff; padding-bottom: 7pt; padding-top: 7pt; vertical-align: Top; width: 384.5pt;"> <div style="line-height: 11.02pt; text-align: left;"> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">The Fund may also purchase and write covered put options. A put option is &#8220;covered&#8221; if the </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">Fund segregates cash or cash equivalents in an amount equal to the exercise price. As a seller </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">of covered put options, the Fund bears the risk of loss if the value of the underlying security or </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">instrument declines below the exercise price minus the put premium. If the option is exercised, </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">the Fund could incur a loss if it is required to purchase the security or instrument underlying </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">the put option at a price greater than the market price of the security or instrument at the time </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">of exercise plus the put premium the Fund received when it wrote the option. The Fund&#8217;s </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">potential gain in writing a covered put option is limited to distributions earned on the liquid </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">assets securing the put option plus the premium received from the purchaser of the put option; </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">however, the Fund risks a loss equal to the entire exercise price of the option minus the put </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">premium. See &#8220;Risks&#8212;Risks Associated with the Fund&#8217;s Covered Call Option Strategy and </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">Put Options.&#8221;</span></div> </div> </td> </tr>
<tr style="height: 153.24pt;">
<td style="background-color: #ffffff; padding-bottom: 7pt; padding-top: 7pt; vertical-align: Top; width: 131.5pt;"> <div style="line-height: 0.5pt; text-align: left;"> <div style="margin-right: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">&#160;</span></div> </div> </td>
<td style="background-color: #ffffff; padding-bottom: 7pt; padding-top: 7pt; vertical-align: Top; width: 384.5pt;"> <div style="line-height: 11.02pt; text-align: left;"> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-style: italic; margin-left: 0.0pt;">Risks of Real Property Asset Companies</span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">. The Fund may invest in Income Securities and </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">Common Equity Securities issued by Real Property Asset Companies. Because of the Fund&#8217;s </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">ability to make indirect investments in real estate and in the securities of companies in the real </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">estate industry, it is subject to risks associated with the direct ownership of real estate, </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">including declines in the value of real estate; general and local economic conditions; increased </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">competition; and changes in interest rates. Because of the Fund&#8217;s ability to make indirect </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">investments in natural resources and physical commodities, and in Real Property Asset </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">Companies engaged in oil and gas exploration and production, gold and other precious metals, </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">steel and iron ore production, energy services, forest products, chemicals, coal, alternative </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">energy sources and environmental services, as well as related transportation companies and </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">equipment manufacturers, the Fund is subject to risks associated with such real property </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">assets, including supply and demand risk, depletion risk, regulatory risk and commodity </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">pricing risk. See &#8220;Risks&#8212;Risks of Real Property Asset Companies.&#8221;</span></div> </div> </td> </tr>
<tr style="height: 80.12pt;">
<td style="background-color: #ffffff; padding-bottom: 1.5pt; padding-top: 7pt; vertical-align: Top; width: 131.5pt;"> <div style="line-height: 0.5pt; text-align: left;"> <div style="margin-right: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">&#160;</span></div> </div> </td>
<td style="background-color: #ffffff; padding-bottom: 1.5pt; padding-top: 7pt; vertical-align: Top; width: 384.5pt;"> <div style="line-height: 11.02pt; text-align: left;"> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-style: italic; margin-left: 0.0pt;">Risks of Personal Property Asset Companies</span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">. The Fund may invest in Income Securities and </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">Common Equity Securities issued by Personal Property Asset Companies which invest in </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">personal property such as special situation transportation assets (e.g., railcars, airplanes and </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">ships) and collectibles (e.g., antiques, wine and fine art). The risks of special situation </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">transportation assets include cyclicality of supply and demand for transportation assets and </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">risk of decline in the value of transportation assets and rental values. The risks of collectible </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">assets include the difficulty in valuing collectible assets, the relative illiquidity of collectible </span></div> </div> </td> </tr> </table> </div> </div> <div style="clear: both;"></div> <div style="float: left; margin-left: 39pt; margin-top: 12pt; width: 516pt; min-height: 12pt;"> <div style="line-height: 10.02pt; text-align: center;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; line-height: 10.02pt; margin-left: 0%;">26</span></div> </div> </div> </div> <div style="float: left; margin-bottom: 5.0pt; width: 100%;"></div> <hr style="clear: both; margin: 40.0pt 0.25pt 0.25pt 0.25pt;" /></div> <div> <div><a id="xx_4afe4159-96c7-4c11-87a9-46b0c559bfad_27"></a> <div style="page-break-after: always; position: relative;"> <div style="clear: both;"></div> <div style="float: left; margin-left: 39pt; margin-top: 36pt; width: 516pt; min-height: 696pt;"> <div style="margin-top: 0.0pt;">
<table style="empty-cells: show; width: 516pt;" cellpadding="0" cellspacing="0">
<tr style="height: 39.04pt;">
<td style="background-color: #ffffff; padding-bottom: 7pt; padding-top: 7pt; vertical-align: Top; width: 131.5pt;"> <div style="line-height: 0.5pt; text-align: left;"> <div style="margin-right: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">&#160;</span></div> </div> </td>
<td style="background-color: #ffffff; padding-bottom: 7pt; padding-top: 7pt; vertical-align: Top; width: 384.5pt;"> <div style="line-height: 11.02pt; text-align: left;"> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">assets, the prospects of forgery or the inability to assess the authenticity of collectible assets </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">and the high transaction and related costs of purchasing, selling and safekeeping collectible </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">assets. See &#8220;Risks&#8212;Risks of Personal Property Asset Companies.&#8221;</span></div> </div> </td> </tr>
<tr style="height: 208.34pt;">
<td style="background-color: #ffffff; padding-bottom: 7pt; padding-top: 7pt; vertical-align: Top; width: 131.5pt;"> <div style="line-height: 0.5pt; text-align: left;"> <div style="margin-right: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">&#160;</span></div> </div> </td>
<td style="background-color: #ffffff; padding-bottom: 7pt; padding-top: 7pt; vertical-align: Top; width: 384.5pt;"> <div style="line-height: 11.02pt; text-align: left;"> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-style: italic; margin-left: 0.0pt;">Private Securities Risk</span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">. The Fund may invest in privately issued Income Securities and </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">Common Equity Securities of both private and public companies (&#8220;Private Securities&#8221;). </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">Private Securities have additional risk considerations than investments in comparable public </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">investments. Whenever the Fund invests in companies that do not publicly report financial and </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">other material information, it assumes a greater degree of investment risk and reliance upon </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">the Sub-Adviser&#8217;s ability to obtain and evaluate applicable information concerning such </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">companies&#8217; creditworthiness and other investment considerations. Certain Private Securities </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">may be illiquid. Because there is often no readily available trading market for Private </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">Securities, the Fund may not be able to readily dispose of such investments at prices that </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">approximate those at which the Fund could sell them if they were more widely traded. Private </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">Securities are also more difficult to value. Valuation may require more research, and elements </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">of judgment may play a greater role in the valuation of Private Securities as compared to </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">public securities because there is less reliable objective data available. Private Securities that </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">are debt securities generally are of below-investment grade quality, frequently are unrated and </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">present many of the same risks as investing in below-investment grade public debt securities. </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">Investing in private debt instruments is a highly specialized investment practice that depends </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">more heavily on independent credit analysis than investments in other types of obligations. </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">See &#8220;Risks&#8212;Private Securities Risk.&#8221;</span></div> </div> </td> </tr>
<tr style="height: 351.6pt;">
<td style="background-color: #ffffff; padding-bottom: 7pt; padding-top: 7pt; vertical-align: Top; width: 131.5pt;"> <div style="line-height: 0.5pt; text-align: left;"> <div style="margin-right: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">&#160;</span></div> </div> </td>
<td style="background-color: #ffffff; padding-bottom: 7pt; padding-top: 7pt; vertical-align: Top; width: 384.5pt;"> <div style="line-height: 11.02pt; text-align: left;"> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-style: italic; margin-left: 0.0pt;">Investment Funds Risk</span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">. As an alternative to holding investments directly, the Fund may also </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">obtain investment exposure to Income Securities and Common Equity Securities by investing </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">up to 30% of its total assets in Investment Funds. These investments include open-end funds, </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">closed-end funds, exchange-traded funds and business development companies as well as </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">other pooled investment vehicles. Investments in Investment Funds present certain special </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">considerations and risks not present in making direct investments in Income Securities and </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">Common Equity Securities. Investments in Investment Funds subject the Fund to the risks </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">affecting such Investment Funds and involve operating expenses and fees that are in addition </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">to the expenses and fees borne by the Fund. Such expenses and fees attributable to the Fund&#8217;s </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">investment in another Investment Fund are borne indirectly by Common Shareholders. </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">Accordingly, investment in such entities involves expenses and fees at both levels. Fees </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">charged by other Investment Funds in which the Fund invests may be similar to the fees </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">charged by the Fund and can include asset-based management fees and administrative fees </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">payable to such entities&#8217; advisers and managers, thus resulting in fees at both levels. To the </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">extent management fees of Investment Funds are based on total gross assets, it may create an </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">incentive for such entities&#8217; managers to employ Financial Leverage, thereby adding additional </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">expense and increasing volatility and risk (including the Fund's overall exposure to financial </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">leverage risk). Fees payable to advisers and managers of Investment Funds may include </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">performance-based incentive fees calculated as a percentage of profits. Such incentive fees </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">directly reduce the return that otherwise would have been earned by investors over the </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">applicable period. A performance-based fee arrangement may create incentives for an adviser </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">or manager to take greater investment risks in the hope of earning a higher profit participation. </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">Investments in Investment Funds frequently expose the Fund to an additional layer of </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">Financial Leverage. Investments in Investment Funds expose the Fund to additional </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">management risk. The success of the Fund&#8217;s investments in Investment Funds will depend in </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">large part on the investment skills and implementation abilities of the advisers or managers of </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">such entities. Decisions made by the advisers or managers of such entities may cause the Fund </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">to incur losses or to miss profit opportunities. While the Sub-Adviser will seek to evaluate </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">managers of Investment Funds and where possible independently evaluate the underlying </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">assets, a substantial degree of reliance on such entities&#8217; managers is nevertheless present with </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">such investments.</span></div> </div> </td> </tr>
<tr style="height: 69.1pt;">
<td style="background-color: #ffffff; padding-bottom: 1.5pt; padding-top: 7pt; vertical-align: Top; width: 131.5pt;"> <div style="line-height: 0.5pt; text-align: left;"> <div style="margin-right: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">&#160;</span></div> </div> </td>
<td style="background-color: #ffffff; padding-bottom: 1.5pt; padding-top: 7pt; vertical-align: Top; width: 384.5pt;"> <div style="line-height: 11.02pt; text-align: left;"> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">In October 2020, the SEC adopted certain regulatory changes and took other actions related to </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">the ability of an investment company to invest in another investment company (which, in </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">certain instances, may also limit a fund&#8217;s ability to invest in certain types of structured finance </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">vehicles). These changes and actions may adversely impact the Fund&#8217;s investment strategies </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">and operations, as well as those of the underlying investment vehicles in which the Fund </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">invests or other funds that invest in the Fund. See &#8220;Risks&#8212;Investment Funds Risk.&#8221;</span></div> </div> </td> </tr> </table> </div> </div> <div style="clear: both;"></div> <div style="float: left; margin-left: 39pt; margin-top: 12pt; width: 516pt; min-height: 12pt;"> <div style="line-height: 10.02pt; text-align: center;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; line-height: 10.02pt; margin-left: 0%;">27</span></div> </div> </div> </div> <div style="float: left; margin-bottom: 5.0pt; width: 100%;"></div> <hr style="clear: both; margin: 40.0pt 0.25pt 0.25pt 0.25pt;" /></div> <div> <div><a id="xx_4afe4159-96c7-4c11-87a9-46b0c559bfad_28"></a> <div style="page-break-after: always; position: relative;"> <div style="clear: both;"></div> <div style="float: left; margin-left: 39pt; margin-top: 36pt; width: 516pt; min-height: 696pt;"> <div style="margin-top: 0.0pt;">
<table style="empty-cells: show; width: 516pt;" cellpadding="0" cellspacing="0">
<tr style="height: 160.26pt;">
<td style="background-color: #ffffff; padding-bottom: 7pt; padding-top: 7pt; vertical-align: Top; width: 131.5pt;"> <div style="line-height: 0.5pt; text-align: left;"> <div style="margin-right: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">&#160;</span></div> </div> </td>
<td style="background-color: #ffffff; padding-bottom: 7pt; padding-top: 7pt; vertical-align: Top; width: 384.5pt;"> <div style="line-height: 11.02pt; text-align: left;"> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-style: italic; margin-left: 0.0pt;">Synthetic Investments Risk</span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">. The Fund may be exposed to certain additional risks to the extent </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">the Sub-Adviser uses derivatives as a means to synthetically implement the Fund&#8217;s investment </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">strategies. If the Fund enters into a derivative instrument whereby it agrees to receive the </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">return of a security or financial instrument or a basket of securities or financial instruments, it </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">will typically contract to receive such returns for a predetermined period of time. During such </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">period, the Fund may not have the ability to increase or decrease its exposure. In addition, </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">such customized derivative instruments will likely be highly illiquid, and it is possible that the </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">Fund will not be able to terminate such derivative instruments prior to their expiration date or </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">that the penalties associated with such a termination might impact the Fund&#8217;s performance in a </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">material adverse manner. Furthermore, certain derivative instruments contain provisions </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">giving the counterparty the right to terminate the contract upon the occurrence of certain </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">events. If a termination were to occur, the Fund&#8217;s return could be adversely affected as it </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">would lose the benefit of the indirect exposure to the reference securities and it may incur </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">significant termination expenses. See &#8220;Risks&#8212;Synthetic Investments Risk.&#8221;</span></div> </div> </td> </tr>
<tr style="height: 175.28pt;">
<td style="background-color: #ffffff; padding-bottom: 7pt; padding-top: 7pt; vertical-align: Top; width: 131.5pt;"> <div style="line-height: 0.5pt; text-align: left;"> <div style="margin-right: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">&#160;</span></div> </div> </td>
<td style="background-color: #ffffff; padding-bottom: 7pt; padding-top: 7pt; vertical-align: Top; width: 384.5pt;"> <div style="line-height: 11.02pt; text-align: left;"> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-style: italic; margin-left: 0.0pt;">Inflation/Deflation Risk</span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">. Inflation risk is the risk that the value of assets or income from </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">investments will be worth less in the future as inflation decreases the purchasing power and </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">value of money. As inflation increases, the real value of the Common Shares and distributions </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">can decline. Inflation rates may change frequently and significantly as a result of various </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">factors, including unexpected shifts in the domestic or global economy and changes in </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">monetary or economic policies (or expectations that these policies may change), and the </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">Fund&#8217;s investments may not keep pace with inflation, which would adversely affect the Fund. </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">This risk is significantly elevated compared to normal conditions because of recent monetary </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">policy measures and the current low interest rate environment. In addition, during any periods </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">of rising inflation, the dividend rates or borrowing costs associated with the Fund&#8217;s use of </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">Financial Leverage would likely increase, which would tend to further reduce returns to </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">Common Shareholders. Deflation risk is the risk that prices throughout the economy decline </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">over time&#8212;the opposite of inflation. Deflation may have an adverse effect on the </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">creditworthiness of issuers and may make issuer default more likely, which may result in a </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">decline in the value of the Fund&#8217;s portfolio. See &#8220;Risks&#8212;Inflation/Deflation Risk.&#8221;</span></div> </div> </td> </tr>
<tr style="height: 241.4pt;">
<td style="background-color: #ffffff; padding-bottom: 7pt; padding-top: 7pt; vertical-align: Top; width: 131.5pt;"> <div style="line-height: 0.5pt; text-align: left;"> <div style="margin-right: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">&#160;</span></div> </div> </td>
<td style="background-color: #ffffff; padding-bottom: 7pt; padding-top: 7pt; vertical-align: Top; width: 384.5pt;"> <div style="line-height: 11.02pt; text-align: left;"> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-style: italic; margin-left: 0.0pt;">Market Discount Risk</span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">. The Fund&#8217;s Common Shares have traded both at a premium and at a </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">discount in relation to net asset value. The Fund cannot predict whether the Common Shares </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">will trade in the future at a premium or discount to net asset value. The Fund&#8217;s Common </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">Shares have recently traded at a premium to net asset value per share, which may not be </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">sustainable. If the Common Shares are trading at a premium to net asset value at the time you </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">purchase Common Shares, the net asset value per share of the Common Shares purchased will </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">be less than the purchase price paid. Shares of closed-end investment companies frequently </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">trade at a discount from net asset value, but in some cases have traded above net asset value. </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">The risk of the Common Shares trading at a discount is a risk separate from the risk of a </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">decline in the Fund&#8217;s net asset value as a result of the Fund&#8217;s investment activities. The Fund&#8217;s </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">net asset value will be reduced immediately following an offering of the Common Shares due </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">to the costs of such offering, which will be borne entirely by the Fund. The sale of Common </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">Shares by the Fund (or the perception that such sales may occur) may have an adverse effect </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">on prices of Common Shares in the secondary market. An increase in the number of Common </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">Shares available may put downward pressure on the market price for Common Shares. The </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">Fund may, from time to time, seek the consent of Common Shareholders to permit the </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">issuance and sale by the Fund of Common Shares at a price below the Fund&#8217;s then current net </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">asset value, subject to certain conditions, and such sales of Common Shares at price below net </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">asset value, if any, may increase downward pressure on the market price for Common Shares. </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">These sales, if any, also might make it more difficult for the Fund to sell additional Common </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">Shares in the future at a time and price it deems appropriate.</span></div> </div> </td> </tr>
<tr style="height: 91.14pt;">
<td style="background-color: #ffffff; padding-bottom: 1.5pt; padding-top: 7pt; vertical-align: Top; width: 131.5pt;"> <div style="line-height: 0.5pt; text-align: left;"> <div style="margin-right: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">&#160;</span></div> </div> </td>
<td style="background-color: #ffffff; padding-bottom: 1.5pt; padding-top: 7pt; vertical-align: Top; width: 384.5pt;"> <div style="line-height: 11.02pt; text-align: left;"> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">Whether a Common Shareholder will realize a gain or loss upon the sale of Common Shares </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">depends upon whether the market value of the Common Shares at the time of sale is above or </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">below the price the Common Shareholder paid, taking into account transaction costs for the </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">Common Shares, and is not directly dependent upon the Fund&#8217;s net asset value. Because the </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">market value of the Common Shares will be determined by factors such as the relative demand </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">for and supply of the shares in the market, general market conditions and other factors outside </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">the Fund&#8217;s control, the Fund cannot predict whether the Common Shares will trade at, below </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">or above net asset value, or at, below or above the public offering price for the Common </span></div> </div> </td> </tr> </table> </div> </div> <div style="clear: both;"></div> <div style="float: left; margin-left: 39pt; margin-top: 12pt; width: 516pt; min-height: 12pt;"> <div style="line-height: 10.02pt; text-align: center;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; line-height: 10.02pt; margin-left: 0%;">28</span></div> </div> </div> </div> <div style="float: left; margin-bottom: 5.0pt; width: 100%;"></div> <hr style="clear: both; margin: 40.0pt 0.25pt 0.25pt 0.25pt;" /></div> <div> <div><a id="xx_4afe4159-96c7-4c11-87a9-46b0c559bfad_29"></a> <div style="page-break-after: always; position: relative;"> <div style="clear: both;"></div> <div style="float: left; margin-left: 39pt; margin-top: 36pt; width: 516pt; min-height: 696pt;"> <div style="margin-top: 0.0pt;">
<table style="empty-cells: show; width: 516pt;" cellpadding="0" cellspacing="0">
<tr style="height: 39.04pt;">
<td style="background-color: #ffffff; padding-bottom: 7pt; padding-top: 7pt; vertical-align: Top; width: 131.5pt;"> <div style="line-height: 0.5pt; text-align: left;"> <div style="margin-right: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">&#160;</span></div> </div> </td>
<td style="background-color: #ffffff; padding-bottom: 7pt; padding-top: 7pt; vertical-align: Top; width: 384.5pt;"> <div style="line-height: 11.02pt; text-align: left;"> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">Shares. Common Shares of the Fund are designed primarily for long-term investors; investors </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">in Common Shares should not view the Fund as a vehicle for trading purposes. See &#8220;Risks&#8212;</span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">Market Discount Risk.</span></div> </div> </td> </tr>
<tr style="height: 175.28pt;">
<td style="background-color: #ffffff; padding-bottom: 7pt; padding-top: 7pt; vertical-align: Top; width: 131.5pt;"> <div style="line-height: 0.5pt; text-align: left;"> <div style="margin-right: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">&#160;</span></div> </div> </td>
<td style="background-color: #ffffff; padding-bottom: 7pt; padding-top: 7pt; vertical-align: Top; width: 384.5pt;"> <div style="line-height: 11.02pt; text-align: left;"> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-style: italic; margin-left: 0.0pt;">Dilution Risk</span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">. The voting power of current Common Shareholders will be diluted to the extent </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">that current Common Shareholders do not purchase Common Shares in any future offerings of </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">Common Shares or do not purchase sufficient Common Shares to maintain their percentage </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">interest. If the Fund is unable to invest the proceeds of such offering as intended, the Fund&#8217;s </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">per Common Share distribution may decrease and the Fund may not participate in market </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">advances to the same extent as if such proceeds were fully invested as planned. If the Fund </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">sells Common Shares at a price below net asset value pursuant to the consent of Common </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">Shareholders, shareholders will experience a dilution of the aggregate net asset value per </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">Common Share because the sale price will be less than the Fund&#8217;s then-current net asset value </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">per Common Share. Similarly, were the expenses of the offering to exceed the amount by </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">which the sale price exceeded the Fund&#8217;s then current net asset value per Common Share, </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">shareholders would experience a dilution of the aggregate net asset value per Common Share. </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">This dilution will be experienced by all shareholders, irrespective of whether they purchase </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">Common Shares in any such offering. See &#8220;Description of Capital Structure&#8212; Common </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">Shares&#8212; Issuance of Additional Common Shares.&#8221;</span></div> </div> </td> </tr>
<tr style="height: 186.3pt;">
<td style="background-color: #ffffff; padding-bottom: 7pt; padding-top: 7pt; vertical-align: Top; width: 131.5pt;"> <div style="line-height: 0.5pt; text-align: left;"> <div style="margin-right: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">&#160;</span></div> </div> </td>
<td style="background-color: #ffffff; padding-bottom: 7pt; padding-top: 7pt; vertical-align: Top; width: 384.5pt;"> <div style="line-height: 11.02pt; text-align: left;"> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-style: italic; margin-left: 0.0pt;">Financial Leverage and Leveraged Transactions Risk</span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">. The Fund may seek to enhance the level </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">of its current distributions by utilizing financial leverage through the issuance of Preferred </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">Shares, through borrowing or the issuance of commercial paper or other forms of debt, </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">through reverse repurchase agreements, dollar rolls or similar transactions, derivatives </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">transactions or through a combination of the foregoing (&#8220;leveraged transactions&#8221; and </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">collectively &#8220;Financial Leverage&#8221;). Although the use of Financial Leverage and leveraged </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">transactions by the Fund may create an opportunity for increased after-tax total return for the </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">Common Shares, it also results in additional risks and can magnify the effect of any losses. If </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">the income and gains earned on securities purchased with Financial Leverage and leveraged </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">transaction proceeds are greater than the cost of Financial Leverage and leveraged </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">transactions, the Fund&#8217;s return will be greater than if Financial Leverage and leveraged </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">transactions had not been used. Conversely, if the income or gains from the securities </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">purchased with such proceeds does not cover the cost of Financial Leverage and leveraged </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">transactions, the return to the Fund will be less than if Financial Leverage and leveraged </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">transactions had not been used. There can be no assurance that a leveraging strategy will be </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">implemented or that it will be successful during any period during which it is employed.</span></div> </div> </td> </tr>
<tr style="height: 109.16pt;">
<td style="background-color: #ffffff; padding-bottom: 7pt; padding-top: 7pt; vertical-align: Top; width: 131.5pt;"> <div style="line-height: 0.5pt; text-align: left;"> <div style="margin-right: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">&#160;</span></div> </div> </td>
<td style="background-color: #ffffff; padding-bottom: 7pt; padding-top: 7pt; vertical-align: Top; width: 384.5pt;"> <div style="line-height: 11.02pt; text-align: left;"> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">Financial Leverage and leveraged transactions are speculative techniques that expose the Fund </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">to greater risk and increased costs than if they were not implemented. Increases and decreases </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">in the value of the Fund&#8217;s portfolio will be magnified when the Fund uses Financial Leverage </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">and leveraged transactions. As a result, Financial Leverage and leveraged transactions may </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">cause greater changes in the Fund&#8217;s NAV and returns than if Financial Leverage and leveraged </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">transactions had not been used. The Fund will also have to pay interest on its indebtedness, if </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">any, which may reduce the Fund&#8217;s return. This interest expense may be greater than the Fund&#8217;s </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">return on the underlying investment, which would negatively affect the performance of the </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">Fund.</span></div> </div> </td> </tr>
<tr style="height: 109.16pt;">
<td style="background-color: #ffffff; padding-bottom: 7pt; padding-top: 7pt; vertical-align: Top; width: 131.5pt;"> <div style="line-height: 0.5pt; text-align: left;"> <div style="margin-right: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">&#160;</span></div> </div> </td>
<td style="background-color: #ffffff; padding-bottom: 7pt; padding-top: 7pt; vertical-align: Top; width: 384.5pt;"> <div style="line-height: 11.02pt; text-align: left;"> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">Financial Leverage and the use of leveraged transactions involve risks and special </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">considerations for shareholders, including the likelihood of greater volatility of NAV and </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">market price of and dividends on the Common Shares than a comparable portfolio without </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">leverage; the risk that fluctuations in interest rates on Borrowings or in the dividend rate on </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">any Preferred Shares that the Fund must pay will reduce the return to the Common </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">Shareholders; and the effect of Financial Leverage and leveraged transactions in a declining </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">market, which is likely to cause a greater decline in the NAV of the Common Shares than if </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">the Fund were not leveraged, which may result in a greater decline in the market price of the </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">Common Shares.</span></div> </div> </td> </tr>
<tr style="height: 69.1pt;">
<td style="background-color: #ffffff; padding-bottom: 1.5pt; padding-top: 7pt; vertical-align: Top; width: 131.5pt;"> <div style="line-height: 0.5pt; text-align: left;"> <div style="margin-right: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">&#160;</span></div> </div> </td>
<td style="background-color: #ffffff; padding-bottom: 1.5pt; padding-top: 7pt; vertical-align: Top; width: 384.5pt;"> <div style="line-height: 11.02pt; text-align: left;"> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">Because the fees received by the Investment Adviser and Sub-Adviser are based on the </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">Managed Assets of the Fund (including the proceeds of any Financial Leverage), the </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">Investment Adviser and Sub-Adviser have a financial incentive for the Fund to utilize </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">Financial Leverage, which may create a conflict of interest between the Investment Adviser </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">and the Sub-Adviser on the one hand and the Common Shareholders on the other. Common </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">Shareholders bear the portion of the investment advisory fee attributable to the assets </span></div> </div> </td> </tr> </table> </div> </div> <div style="clear: both;"></div> <div style="float: left; margin-left: 39pt; margin-top: 12pt; width: 516pt; min-height: 12pt;"> <div style="line-height: 10.02pt; text-align: center;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; line-height: 10.02pt; margin-left: 0%;">29</span></div> </div> </div> </div> <div style="float: left; margin-bottom: 5.0pt; width: 100%;"></div> <hr style="clear: both; margin: 40.0pt 0.25pt 0.25pt 0.25pt;" /></div> <div> <div><a id="xx_4afe4159-96c7-4c11-87a9-46b0c559bfad_30"></a> <div style="page-break-after: always; position: relative;"> <div style="clear: both;"></div> <div style="float: left; margin-left: 39pt; margin-top: 36pt; width: 516pt; min-height: 696pt;"> <div style="margin-top: 0.0pt;">
<table style="empty-cells: show; width: 516pt;" cellpadding="0" cellspacing="0">
<tr style="height: 61.08pt;">
<td style="background-color: #ffffff; padding-bottom: 7pt; padding-top: 7pt; vertical-align: Top; width: 131.5pt;"> <div style="line-height: 0.5pt; text-align: left;"> <div style="margin-right: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">&#160;</span></div> </div> </td>
<td style="background-color: #ffffff; padding-bottom: 7pt; padding-top: 7pt; vertical-align: Top; width: 384.5pt;"> <div style="line-height: 11.02pt; text-align: left;"> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">purchased with the proceeds of Financial Leverage, which means that Common Shareholders </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">effectively bear the entire advisory fee. In order to manage this conflict of interest, the Board </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">will receive regular reports from the Investment Adviser regarding the Fund&#8217;s use of Financial </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">Leverage and the effect of Financial Leverage on the management of the Fund&#8217;s portfolio and </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">the performance of the Fund.</span></div> </div> </td> </tr>
<tr style="height: 98.14pt;">
<td style="background-color: #ffffff; padding-bottom: 7pt; padding-top: 7pt; vertical-align: Top; width: 131.5pt;"> <div style="line-height: 0.5pt; text-align: left;"> <div style="margin-right: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">&#160;</span></div> </div> </td>
<td style="background-color: #ffffff; padding-bottom: 7pt; padding-top: 7pt; vertical-align: Top; width: 384.5pt;"> <div style="line-height: 11.02pt; text-align: left;"> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">Borrowings may subject the Fund to covenants in credit agreements relating to asset coverage </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">and portfolio composition requirements. Borrowings by the Fund also may subject the Fund to </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">certain restrictions on investments imposed by guidelines of one or more rating agencies, </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">which may issue ratings for such indebtedness. Such guidelines may impose asset coverage or </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">portfolio composition requirements that are more stringent than those imposed by the 1940 </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">Act. It is not anticipated that these covenants or guidelines will impede the Adviser from </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">managing the Fund&#8217;s portfolio in accordance with the Fund&#8217;s investment objective and </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">policies.</span></div> </div> </td> </tr>
<tr style="height: 175.28pt;">
<td style="background-color: #ffffff; padding-bottom: 7pt; padding-top: 7pt; vertical-align: Top; width: 131.5pt;"> <div style="line-height: 0.5pt; text-align: left;"> <div style="margin-right: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">&#160;</span></div> </div> </td>
<td style="background-color: #ffffff; padding-bottom: 7pt; padding-top: 7pt; vertical-align: Top; width: 384.5pt;"> <div style="line-height: 11.02pt; text-align: left;"> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">Reverse repurchase agreements involve the risks that the interest income earned on the </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">investment of the proceeds will be less than the interest expense and Fund expenses associated </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">with the repurchase agreement, that the market value of the securities or other assets sold by </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">the Fund may decline below the price at which the Fund is obligated to repurchase such </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">securities and that the securities may not be returned to the Fund. There is no assurance that </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">reverse repurchase agreements can be successfully employed. In the event of the insolvency of </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">the counterparty to a reverse repurchase agreement, recovery of the securities or other assets </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">sold by the Fund may be delayed. The counterparty&#8217;s insolvency may result in a loss equal to </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">the amount by which the value of the securities or other assets sold by the Fund exceeds the </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">repurchase price payable by the Fund; if the value of the purchased securities or other assets </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">increases during such a delay, that loss may also be increased. When the Fund enters into a </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">reverse repurchase agreement, any fluctuations in the market value of either the securities or </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">other assets transferred to another party or the securities or other assets in which the proceeds </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">may be invested would affect the market value of the Fund&#8217;s assets. As a result, such </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">transactions may increase fluctuations in the net asset value of the Fund&#8217;s Common Shares.</span></div> </div> </td> </tr>
<tr style="height: 186.3pt;">
<td style="background-color: #ffffff; padding-bottom: 7pt; padding-top: 7pt; vertical-align: Top; width: 131.5pt;"> <div style="line-height: 0.5pt; text-align: left;"> <div style="margin-right: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">&#160;</span></div> </div> </td>
<td style="background-color: #ffffff; padding-bottom: 7pt; padding-top: 7pt; vertical-align: Top; width: 384.5pt;"> <div style="line-height: 11.02pt; text-align: left;"> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">The Fund may enter into dollar roll transactions, in which the Fund sells a mortgage-backed or </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">other security for settlement on one date and buys back a substantially similar security (but </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">not the same security) for settlement at a later date. During the roll period, the Fund gives up </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">the principal and interest payments on the security, but may invest the sale proceeds. When the </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">Fund enters into a dollar roll transaction, any fluctuation in the market value of the security </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">transferred or the securities in which the sales proceeds are invested can affect the market </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">value of the Fund&#8217;s assets, and therefore, the Fund&#8217;s NAV. Successful use of dollar rolls may </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">depend upon the Sub-Adviser&#8217;s ability to correctly predict interest rates and prepayments. </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">There is no assurance that dollar rolls can be successfully employed. Dollar roll transactions </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">may sometimes be considered to be the practical equivalent of Borrowing and constitute </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">leverage. Dollar roll transactions also involve the risk that the market value of the securities </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">the Fund is required to deliver may decline below the agreed upon repurchase price of those </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">securities. In addition, in the event that the Fund&#8217;s counterparty becomes insolvent or </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">otherwise unable or unwilling to perform its obligations, the Fund&#8217;s use of the proceeds may </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">become restricted pending a determination as to whether to enforce the Fund&#8217;s obligation to </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">purchase the substantially similar securities.</span></div> </div> </td> </tr>
<tr style="height: 98.14pt;">
<td style="background-color: #ffffff; padding-bottom: 7pt; padding-top: 7pt; vertical-align: Top; width: 131.5pt;"> <div style="line-height: 0.5pt; text-align: left;"> <div style="margin-right: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">&#160;</span></div> </div> </td>
<td style="background-color: #ffffff; padding-bottom: 7pt; padding-top: 7pt; vertical-align: Top; width: 384.5pt;"> <div style="line-height: 11.02pt; text-align: left;"> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">The Fund may engage in certain derivatives transactions that have economic characteristics </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">similar to leverage. Under current regulatory requirements, to the extent the terms of any such </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">transaction obligate the Fund to make payments, to mitigate leveraging risk and otherwise </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">comply with regulatory requirements, the Fund must segregate or earmark liquid assets to </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">meet its obligations under, or otherwise cover, the transactions that may give rise to this risk. </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">Securities so segregated or designated as &#8220;cover&#8221; will be unavailable for sale by the Sub-</span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">Adviser (unless replaced by other securities qualifying for segregation or cover requirements), </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">which may adversely affect the ability of the Fund to pursue its investment objective.</span></div> </div> </td> </tr>
<tr style="height: 47.06pt;">
<td style="background-color: #ffffff; padding-bottom: 1.5pt; padding-top: 7pt; vertical-align: Top; width: 131.5pt;"> <div style="line-height: 0.5pt; text-align: left;"> <div style="margin-right: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">&#160;</span></div> </div> </td>
<td style="background-color: #ffffff; padding-bottom: 1.5pt; padding-top: 7pt; vertical-align: Top; width: 384.5pt;"> <div style="line-height: 11.02pt; text-align: left;"> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">The Fund may have Financial Leverage and leveraged transactions outstanding during a short-</span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">term period during which such Financial Leverage and leveraged transactions may not be </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">beneficial to the Fund if the Adviser believes that the long-term benefits to Common </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">Shareholders of such Financial Leverage and leveraged transactions would outweigh the costs </span></div> </div> </td> </tr> </table> </div> </div> <div style="clear: both;"></div> <div style="float: left; margin-left: 39pt; margin-top: 12pt; width: 516pt; min-height: 12pt;"> <div style="line-height: 10.02pt; text-align: center;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; line-height: 10.02pt; margin-left: 0%;">30</span></div> </div> </div> </div> <div style="float: left; margin-bottom: 5.0pt; width: 100%;"></div> <hr style="clear: both; margin: 40.0pt 0.25pt 0.25pt 0.25pt;" /></div> <div> <div><a id="xx_4afe4159-96c7-4c11-87a9-46b0c559bfad_31"></a> <div style="page-break-after: always; position: relative;"> <div style="clear: both;"></div> <div style="float: left; margin-left: 39pt; margin-top: 36pt; width: 516pt; min-height: 696pt;"> <div style="margin-top: 0.0pt;">
<table style="empty-cells: show; width: 516pt;" cellpadding="0" cellspacing="0">
<tr style="height: 39.04pt;">
<td style="background-color: #ffffff; padding-bottom: 7pt; padding-top: 7pt; vertical-align: Top; width: 131.5pt;"> <div style="line-height: 0.5pt; text-align: left;"> <div style="margin-right: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">&#160;</span></div> </div> </td>
<td style="background-color: #ffffff; padding-bottom: 7pt; padding-top: 7pt; vertical-align: Top; width: 384.5pt;"> <div style="line-height: 11.02pt; text-align: left;"> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">and portfolio disruptions associated with redeeming and reissuing or closing out and </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">reopening such Financial Leverage and leveraged transactions. However, there can be no </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">assurance that the Adviser&#8217;s judgment in weighing such costs and benefits will be correct.</span></div> </div> </td> </tr>
<tr style="height: 98.14pt;">
<td style="background-color: #ffffff; padding-bottom: 7pt; padding-top: 7pt; vertical-align: Top; width: 131.5pt;"> <div style="line-height: 0.5pt; text-align: left;"> <div style="margin-right: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">&#160;</span></div> </div> </td>
<td style="background-color: #ffffff; padding-bottom: 7pt; padding-top: 7pt; vertical-align: Top; width: 384.5pt;"> <div style="line-height: 11.02pt; text-align: left;"> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">Recent economic and market events have contributed to severe market volatility at times and </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">caused severe liquidity strains in the credit markets during some periods. If dislocations in the </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">credit markets continue, the Fund&#8217;s leverage costs may increase and there is a risk that the </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">Fund may not be able to renew or replace existing leverage on favorable terms or at all. If the </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">cost of leverage is no longer favorable, or if the Fund is otherwise required to reduce its </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">leverage, the Fund may not be able to maintain distributions on Common Shares at historical </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">levels and Common Shareholders will bear any costs associated with selling portfolio </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">securities.</span></div> </div> </td> </tr>
<tr style="height: 65.08pt;">
<td style="background-color: #ffffff; padding-bottom: 7pt; padding-top: 7pt; vertical-align: Top; width: 131.5pt;"> <div style="line-height: 0.5pt; text-align: left;"> <div style="margin-right: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">&#160;</span></div> </div> </td>
<td style="background-color: #ffffff; padding-bottom: 7pt; padding-top: 7pt; vertical-align: Top; width: 384.5pt;"> <div style="line-height: 11.02pt; text-align: left;"> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">The Fund&#8217;s total Financial Leverage and leveraged transactions may vary significantly over </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">time. To the extent the Fund increases its amount of Financial Leverage and leveraged </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">transactions outstanding, it will be more exposed to these risks. The Fund may also be exposed </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">to the risks associated with Financial Leverage through its investments in Investment Funds. </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">See &#8220;Risks&#8212; Leverage and Leveraged Transactions Risk.&#8221;</span></div> </div> </td> </tr>
<tr style="height: 21pt;">
<td style="background-color: #ffffff; padding-bottom: 7pt; padding-top: 7pt; vertical-align: Top; width: 131.5pt;"> <div style="line-height: 0.5pt; text-align: left;"> <div style="margin-right: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">&#160;</span></div> </div> </td>
<td style="background-color: #ffffff; padding-bottom: 7pt; padding-top: 7pt; vertical-align: Top; width: 384.5pt;"> <div style="line-height: 11.02pt; text-align: left;"> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-style: italic; margin-left: 0.0pt;">Derivatives Transactions Risk.</span></div> </div> </td> </tr>
<tr style="height: 362.62pt;">
<td style="background-color: #ffffff; padding-bottom: 7pt; padding-top: 7pt; vertical-align: Top; width: 131.5pt;"> <div style="line-height: 0.5pt; text-align: left;"> <div style="margin-right: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">&#160;</span></div> </div> </td>
<td style="background-color: #ffffff; padding-bottom: 7pt; padding-top: 7pt; vertical-align: Top; width: 384.5pt;"> <div style="line-height: 11.02pt; text-align: left;"> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt; text-decoration: underline;">Derivatives Transactions Risk in General</span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">. In addition to the covered call option strategy </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">described above, the Fund may, but is not required to, utilize other derivatives, including </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">futures contracts, swaps transactions and other strategic transactions to seek to earn income, </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">facilitate portfolio management and mitigate risks. Participation in derivatives markets </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">transactions </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">involves investment risks and transaction costs to which the Fund would not be </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">subject absent the use of these strategies (other than its covered call writing strategy). Certain </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">derivatives transactions that involve leverage can result in losses that greatly exceed the </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">amount originally invested. Derivatives transactions utilizing instruments denominated in </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">foreign currencies will expose the Fund to foreign currency risk. Derivatives transactions </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">involve risks of mispricing or improper valuation, and the documentation governing a </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">derivative instrument or transaction may be unfavorable or ambiguous. Derivatives </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">transactions may involve commissions and other costs, which may increase the Fund&#8217;s </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">expenses and reduce its return. Various legislative and regulatory initiatives may impact the </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">availability, liquidity and cost of derivative instruments, limit or restrict the ability of the Fund </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">to use certain derivative instruments or transact with certain counterparties as a part of its </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">investment strategy, increase the costs of using derivative instruments or make derivative </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">instruments less effective. In connection with certain derivatives transactions, under current </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">regulatory requirements, to the extent the terms of any such transaction obligate the Fund to </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">make payments, the Fund may be required to segregate liquid assets or otherwise cover such </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">transactions. The Fund also may be required to deposit amounts as premiums or to be held in </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">margin accounts. Such amounts may not otherwise be available to the Fund for investment </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">purposes. The Fund may earn a lower return on its portfolio than it might otherwise earn if it </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">did not have to segregate assets in respect of, or otherwise cover, its derivatives transactions </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">positions. To the extent the Fund&#8217;s assets are segregated or committed as cover, it could limit </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">the Fund&#8217;s investment flexibility. Segregating assets and covering positions will not limit or </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">offset losses on related positions. Participation in derivatives market transactions involves </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">investment risks and transaction costs to which the Fund would not be subject absent the use </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">of these strategies. The skills necessary to successfully execute derivatives strategies may be </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">different from those for more traditional portfolio management techniques, and if the Sub-</span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">Adviser is incorrect about its expectations of market conditions, the use of derivatives could </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">also result in a loss, which in some cases may be unlimited. Additional risks inherent in the </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">use of derivatives include:</span></div> </div> </td> </tr>
<tr style="height: 32.02pt;">
<td style="background-color: #ffffff; padding-bottom: 7pt; padding-top: 7pt; vertical-align: Top; width: 131.5pt;"> <div style="line-height: 0.5pt; text-align: left;"> <div style="margin-right: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">&#160;</span></div> </div> </td>
<td style="background-color: #ffffff; padding-bottom: 7pt; padding-top: 7pt; vertical-align: Top; width: 384.5pt;"> <div style="line-height: 11.02pt; text-align: left;"> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">&#8226;</span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 22.99pt;">dependence on the Sub-Adviser&#8217;s ability to predict correctly movements in the </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29.0pt;">direction of interest rates, securities prices or other underlying instruments;</span></div> </div> </td> </tr>
<tr style="height: 21pt;">
<td style="background-color: #ffffff; padding-bottom: 7pt; padding-top: 7pt; vertical-align: Top; width: 131.5pt;"> <div style="line-height: 0.5pt; text-align: left;"> <div style="margin-right: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">&#160;</span></div> </div> </td>
<td style="background-color: #ffffff; padding-bottom: 7pt; padding-top: 7pt; vertical-align: Top; width: 384.5pt;"> <div style="line-height: 11.02pt; text-align: left;"> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">&#8226;</span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 22.99pt;">imperfect correlation between the value of such instruments and the underlying assets;</span></div> </div> </td> </tr>
<tr style="height: 32.02pt;">
<td style="background-color: #ffffff; padding-bottom: 7pt; padding-top: 7pt; vertical-align: Top; width: 131.5pt;"> <div style="line-height: 0.5pt; text-align: left;"> <div style="margin-right: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">&#160;</span></div> </div> </td>
<td style="background-color: #ffffff; padding-bottom: 7pt; padding-top: 7pt; vertical-align: Top; width: 384.5pt;"> <div style="line-height: 11.02pt; text-align: left;"> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">&#8226;</span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 22.99pt;">the fact that skills needed to use these strategies are different from those needed to </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29.0pt;">select portfolio securities;</span></div> </div> </td> </tr>
<tr style="height: 14pt;">
<td style="background-color: #ffffff; padding-bottom: 1.5pt; padding-top: 7pt; vertical-align: Top; width: 131.5pt;"> <div style="line-height: 0.5pt; text-align: left;"> <div style="margin-right: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">&#160;</span></div> </div> </td>
<td style="background-color: #ffffff; padding-bottom: 1.5pt; padding-top: 7pt; vertical-align: Top; width: 384.5pt;"> <div style="line-height: 11.02pt; text-align: left;"> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">&#8226;</span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 22.99pt;">the possible absence of a liquid secondary market for any particular instrument at any </span></div> </div> </td> </tr> </table> </div> </div> <div style="clear: both;"></div> <div style="float: left; margin-left: 39pt; margin-top: 12pt; width: 516pt; min-height: 12pt;"> <div style="line-height: 10.02pt; text-align: center;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; line-height: 10.02pt; margin-left: 0%;">31</span></div> </div> </div> </div> <div style="float: left; margin-bottom: 5.0pt; width: 100%;"></div> <hr style="clear: both; margin: 40.0pt 0.25pt 0.25pt 0.25pt;" /></div> <div> <div><a id="xx_4afe4159-96c7-4c11-87a9-46b0c559bfad_32"></a> <div style="page-break-after: always; position: relative;"> <div style="clear: both;"></div> <div style="float: left; margin-left: 39pt; margin-top: 36pt; width: 516pt; min-height: 696pt;"> <div style="margin-top: 0.0pt;">
<table style="empty-cells: show; width: 516pt;" cellpadding="0" cellspacing="0">
<tr style="height: 17pt;">
<td style="background-color: #ffffff; padding-bottom: 7pt; padding-top: 7pt; vertical-align: Top; width: 131.5pt;"> <div style="line-height: 0.5pt; text-align: left;"> <div style="margin-right: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">&#160;</span></div> </div> </td>
<td style="background-color: #ffffff; padding-bottom: 7pt; padding-top: 7pt; vertical-align: Top; width: 384.5pt;"> <div style="line-height: 11.02pt; text-align: left;"> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29.0pt;">time;</span></div> </div> </td> </tr>
<tr style="height: 32.02pt;">
<td style="background-color: #ffffff; padding-bottom: 7pt; padding-top: 7pt; vertical-align: Top; width: 131.5pt;"> <div style="line-height: 0.5pt; text-align: left;"> <div style="margin-right: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">&#160;</span></div> </div> </td>
<td style="background-color: #ffffff; padding-bottom: 7pt; padding-top: 7pt; vertical-align: Top; width: 384.5pt;"> <div style="line-height: 11.02pt; text-align: left;"> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">&#8226;</span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 22.99pt;">the possible need to defer closing out certain hedged positions to avoid adverse tax </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29.0pt;">consequences;</span></div> </div> </td> </tr>
<tr style="height: 32.02pt;">
<td style="background-color: #ffffff; padding-bottom: 7pt; padding-top: 7pt; vertical-align: Top; width: 131.5pt;"> <div style="line-height: 0.5pt; text-align: left;"> <div style="margin-right: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">&#160;</span></div> </div> </td>
<td style="background-color: #ffffff; padding-bottom: 7pt; padding-top: 7pt; vertical-align: Top; width: 384.5pt;"> <div style="line-height: 11.02pt; text-align: left;"> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">&#8226;</span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 22.99pt;">the possible inability of the Fund to purchase or sell a security at a time that otherwise </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29.0pt;">would be favorable for it to do so; and</span></div> </div> </td> </tr>
<tr style="height: 21pt;">
<td style="background-color: #ffffff; padding-bottom: 7pt; padding-top: 7pt; vertical-align: Top; width: 131.5pt;"> <div style="line-height: 0.5pt; text-align: left;"> <div style="margin-right: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">&#160;</span></div> </div> </td>
<td style="background-color: #ffffff; padding-bottom: 7pt; padding-top: 7pt; vertical-align: Top; width: 384.5pt;"> <div style="line-height: 11.02pt; text-align: left;"> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">&#8226;</span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 22.99pt;">the creditworthiness and possible default of counterparties.</span></div> </div> </td> </tr>
<tr style="height: 43.04pt;">
<td style="background-color: #ffffff; padding-bottom: 7pt; padding-top: 7pt; vertical-align: Top; width: 131.5pt;"> <div style="line-height: 0.5pt; text-align: left;"> <div style="margin-right: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">&#160;</span></div> </div> </td>
<td style="background-color: #ffffff; padding-bottom: 7pt; padding-top: 7pt; vertical-align: Top; width: 384.5pt;"> <div style="line-height: 11.02pt; text-align: left;"> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt; text-decoration: underline;">Futures Transactions Risk</span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">. The Fund may invest in futures contracts and options on futures </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">contracts. Futures and options on futures entail certain risks, including but not limited to the </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">following:</span></div> </div> </td> </tr>
<tr style="height: 32.02pt;">
<td style="background-color: #ffffff; padding-bottom: 7pt; padding-top: 7pt; vertical-align: Top; width: 131.5pt;"> <div style="line-height: 0.5pt; text-align: left;"> <div style="margin-right: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">&#160;</span></div> </div> </td>
<td style="background-color: #ffffff; padding-bottom: 7pt; padding-top: 7pt; vertical-align: Top; width: 384.5pt;"> <div style="line-height: 11.02pt; text-align: left;"> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">&#8226;</span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 22.99pt;">no assurance that futures contracts or options on futures can be offset at favorable </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29.0pt;">prices;</span></div> </div> </td> </tr>
<tr style="height: 21pt;">
<td style="background-color: #ffffff; padding-bottom: 7pt; padding-top: 7pt; vertical-align: Top; width: 131.5pt;"> <div style="line-height: 0.5pt; text-align: left;"> <div style="margin-right: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">&#160;</span></div> </div> </td>
<td style="background-color: #ffffff; padding-bottom: 7pt; padding-top: 7pt; vertical-align: Top; width: 384.5pt;"> <div style="line-height: 11.02pt; text-align: left;"> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">&#8226;</span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 22.99pt;">possible reduction of the return of the Fund due to their use for hedging;</span></div> </div> </td> </tr>
<tr style="height: 21pt;">
<td style="background-color: #ffffff; padding-bottom: 7pt; padding-top: 7pt; vertical-align: Top; width: 131.5pt;"> <div style="line-height: 0.5pt; text-align: left;"> <div style="margin-right: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">&#160;</span></div> </div> </td>
<td style="background-color: #ffffff; padding-bottom: 7pt; padding-top: 7pt; vertical-align: Top; width: 384.5pt;"> <div style="line-height: 11.02pt; text-align: left;"> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">&#8226;</span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 22.99pt;">possible reduction in value of both the securities hedged and the hedging instrument;</span></div> </div> </td> </tr>
<tr style="height: 32.02pt;">
<td style="background-color: #ffffff; padding-bottom: 7pt; padding-top: 7pt; vertical-align: Top; width: 131.5pt;"> <div style="line-height: 0.5pt; text-align: left;"> <div style="margin-right: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">&#160;</span></div> </div> </td>
<td style="background-color: #ffffff; padding-bottom: 7pt; padding-top: 7pt; vertical-align: Top; width: 384.5pt;"> <div style="line-height: 11.02pt; text-align: left;"> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">&#8226;</span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 22.99pt;">possible lack of liquidity, trading restrictions or limitations that may be imposed by an </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29.0pt;">exchange, and the potential that government regulations may restrict trading</span></div> </div> </td> </tr>
<tr style="height: 21pt;">
<td style="background-color: #ffffff; padding-bottom: 7pt; padding-top: 7pt; vertical-align: Top; width: 131.5pt;"> <div style="line-height: 0.5pt; text-align: left;"> <div style="margin-right: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">&#160;</span></div> </div> </td>
<td style="background-color: #ffffff; padding-bottom: 7pt; padding-top: 7pt; vertical-align: Top; width: 384.5pt;"> <div style="line-height: 11.02pt; text-align: left;"> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">&#8226;</span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 22.99pt;">imperfect correlation between the contracts and the securities being hedged; and</span></div> </div> </td> </tr>
<tr style="height: 32.02pt;">
<td style="background-color: #ffffff; padding-bottom: 7pt; padding-top: 7pt; vertical-align: Top; width: 131.5pt;"> <div style="line-height: 0.5pt; text-align: left;"> <div style="margin-right: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">&#160;</span></div> </div> </td>
<td style="background-color: #ffffff; padding-bottom: 7pt; padding-top: 7pt; vertical-align: Top; width: 384.5pt;"> <div style="line-height: 11.02pt; text-align: left;"> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">&#8226;</span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 22.99pt;">losses from investing in futures transactions that are potentially unlimited and the </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29.0pt;">segregation requirements for such transactions.</span></div> </div> </td> </tr>
<tr style="height: 65.08pt;">
<td style="background-color: #ffffff; padding-bottom: 7pt; padding-top: 7pt; vertical-align: Top; width: 131.5pt;"> <div style="line-height: 0.5pt; text-align: left;"> <div style="margin-right: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">&#160;</span></div> </div> </td>
<td style="background-color: #ffffff; padding-bottom: 7pt; padding-top: 7pt; vertical-align: Top; width: 384.5pt;"> <div style="line-height: 11.02pt; text-align: left;"> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt; text-decoration: underline;">Risks Associated with Swaps</span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">. The Fund may enter into swap transactions, including credit </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">default swaps, total return swaps, index swaps, currency swaps, commodity swaps and interest </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">rate swaps, as well as options thereon, and may purchase or sell interest rate caps, floors and </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">collars. The Fund may utilize swap agreements in an attempt to gain exposure to certain </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">securities without purchasing those securities, which is speculative, or to hedge a position.</span></div> </div> </td> </tr>
<tr style="height: 164.26pt;">
<td style="background-color: #ffffff; padding-bottom: 7pt; padding-top: 7pt; vertical-align: Top; width: 131.5pt;"> <div style="line-height: 0.5pt; text-align: left;"> <div style="margin-right: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">&#160;</span></div> </div> </td>
<td style="background-color: #ffffff; padding-bottom: 7pt; padding-top: 7pt; vertical-align: Top; width: 384.5pt;"> <div style="line-height: 11.02pt; text-align: left;"> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">Risks associated with the use of swap agreements are different from those associated with </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">ordinary portfolio securities transactions, largely due to the fact they could be considered </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">illiquid and many swaps currently trade on the OTC market. If the Sub-Adviser is incorrect in </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">its forecasts of market values, interest rates or currency exchange rates, the investment </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">performance of the Fund may be less favorable than it would have been if these investment </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">techniques were not used. Such transactions are subject to market risk, risk of default by the </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">other party to the transaction and risk of imperfect correlation between the value of such </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">instruments and the underlying assets and may involve commissions or other costs. Swaps </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">generally do not involve the delivery of securities, other underlying assets or principal. </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">Accordingly, the risk of loss with respect to swaps generally is limited to the net amount of </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">payments that the Fund is contractually obligated to make, or in the case of the other party to a </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">swap defaulting, the net amount of payments that the Fund is contractually entitled to receive. </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">Swaps are subject to valuation, liquidity and leveraging risks and could result in substantial </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">losses to the Fund.</span></div> </div> </td> </tr>
<tr style="height: 43.04pt;">
<td style="background-color: #ffffff; padding-bottom: 7pt; padding-top: 7pt; vertical-align: Top; width: 131.5pt;"> <div style="line-height: 0.5pt; text-align: left;"> <div style="margin-right: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">&#160;</span></div> </div> </td>
<td style="background-color: #ffffff; padding-bottom: 7pt; padding-top: 7pt; vertical-align: Top; width: 384.5pt;"> <div style="line-height: 11.02pt; text-align: left;"> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">Swaps may effectively add leverage to the Fund&#8217;s portfolio because the Fund would be subject </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">to investment exposure on the full notional amount of the swap. Swaps are subject to the risk </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">that a counterparty will default on its payment obligations to the Fund thereunder.</span></div> </div> </td> </tr>
<tr style="height: 113.18pt;">
<td style="background-color: #ffffff; padding-bottom: 1.5pt; padding-top: 7pt; vertical-align: Top; width: 131.5pt;"> <div style="line-height: 0.5pt; text-align: left;"> <div style="margin-right: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">&#160;</span></div> </div> </td>
<td style="background-color: #ffffff; padding-bottom: 1.5pt; padding-top: 7pt; vertical-align: Top; width: 384.5pt;"> <div style="line-height: 11.02pt; text-align: left;"> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">Certain standardized swaps are subject to mandatory exchange trading and central clearing. </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">While exchange trading and central clearing are intended to reduce counterparty credit risk </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">and increase liquidity, they do not make swap transactions risk-free. Additionally, the </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">Commodity Futures Trading Commission (&#8220;CFTC&#8221;) and other applicable regulators have </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">adopted rules imposing certain margin requirements, including minimums, on OTC swaps, </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">which may result in the Fund and its counterparties posting higher margin amounts for OTC </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">swaps, which could increase the cost of swap transactions to the Fund and impose added </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">operational complexity. The Dodd-Frank Act and related regulatory developments require the </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">clearing and exchange- trading of many OTC derivative instruments that the CFTC and the </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">SEC have defined as &#8220;swaps.&#8221; Mandatory exchange-trading and clearing are occurring on a </span></div> </div> </td> </tr> </table> </div> </div> <div style="clear: both;"></div> <div style="float: left; margin-left: 39pt; margin-top: 12pt; width: 516pt; min-height: 12pt;"> <div style="line-height: 10.02pt; text-align: center;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; line-height: 10.02pt; margin-left: 0%;">32</span></div> </div> </div> </div> <div style="float: left; margin-bottom: 5.0pt; width: 100%;"></div> <hr style="clear: both; margin: 40.0pt 0.25pt 0.25pt 0.25pt;" /></div> <div> <div><a id="xx_4afe4159-96c7-4c11-87a9-46b0c559bfad_33"></a> <div style="page-break-after: always; position: relative;"> <div style="clear: both;"></div> <div style="float: left; margin-left: 39pt; margin-top: 36pt; width: 516pt; min-height: 696pt;"> <div style="margin-top: 0.0pt;">
<table style="empty-cells: show; width: 516pt;" cellpadding="0" cellspacing="0">
<tr style="height: 105.16pt;">
<td style="background-color: #ffffff; padding-bottom: 7pt; padding-top: 7pt; vertical-align: Top; width: 131.5pt;"> <div style="line-height: 0.5pt; text-align: left;"> <div style="margin-right: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">&#160;</span></div> </div> </td>
<td style="background-color: #ffffff; padding-bottom: 7pt; padding-top: 7pt; vertical-align: Top; width: 384.5pt;"> <div style="line-height: 11.02pt; text-align: left;"> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">phased-in basis based on the type of market participant and CFTC approval of contracts for </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">central clearing. In addition, the CFTC in October 2020 adopted amendments to its position </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">limits rules that establish certain new and amended position limits for 25 specified physical </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">commodity futures and related options contracts traded on exchanges, other futures contracts </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">and related options directly or indirectly linked to such 25 specified contracts, and any OTC </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">transactions that are economically equivalent to the 25 specified contracts. Further regulatory </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">developments in the swap market may adversely impact the swap market generally or the </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">Fund&#8217;s ability to use swaps. See &#8220;Risks&#8212;Derivatives Transactions Risk&#8212;Risks Associated </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">with Swaps.&#8221;</span></div> </div> </td> </tr>
<tr style="height: 120.18pt;">
<td style="background-color: #ffffff; padding-bottom: 7pt; padding-top: 7pt; vertical-align: Top; width: 131.5pt;"> <div style="line-height: 0.5pt; text-align: left;"> <div style="margin-right: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">&#160;</span></div> </div> </td>
<td style="background-color: #ffffff; padding-bottom: 7pt; padding-top: 7pt; vertical-align: Top; width: 384.5pt;"> <div style="line-height: 11.02pt; text-align: left;"> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt; text-decoration: underline;">Counterparty Risk</span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;"> The Fund will be subject to risk with respect to the counterparties to the </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">derivative contracts entered into by the Fund. If a counterparty becomes bankrupt or defaults </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">on or otherwise fails to perform its payment or other obligations to the Fund, the Fund may not </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">receive the full amount that it is entitled to receive or may experience delays in recovering the </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">collateral or other assets held by, or on behalf of, the counterparty. If this occurs, or if </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">exercising contractual rights involves delays or costs for the Fund, the value of your shares in </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">the Fund may decrease. The Fund bears the risk that counterparties may be adversely affected </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">by legislative or regulatory changes, adverse market conditions (such as the current </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">conditions), increased competition, and/or wide scale credit losses resulting from financial </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">difficulties of the counterparties&#8217; other trading partners or borrowers.</span></div> </div> </td> </tr>
<tr style="height: 98.14pt;">
<td style="background-color: #ffffff; padding-bottom: 7pt; padding-top: 7pt; vertical-align: Top; width: 131.5pt;"> <div style="line-height: 0.5pt; text-align: left;"> <div style="margin-right: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">&#160;</span></div> </div> </td>
<td style="background-color: #ffffff; padding-bottom: 7pt; padding-top: 7pt; vertical-align: Top; width: 384.5pt;"> <div style="line-height: 11.02pt; text-align: left;"> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-style: italic; margin-left: 0.0pt;">Portfolio Turnover Risk</span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">. The Fund&#8217;s annual portfolio turnover rate may vary greatly from year </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">to year. Portfolio turnover rate is not considered a limiting factor in the execution of </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">investment decisions for the Fund. A higher portfolio turnover rate results in correspondingly </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">greater brokerage commissions and other transactional expenses that are borne by the Fund. </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">High portfolio turnover may result in an increased realization of net short-term capital gains </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">by the Fund which, when distributed to Common Shareholders, will be taxable as ordinary </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">income. Additionally, in a declining market, portfolio turnover may create realized capital </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">losses. See &#8220;Risks&#8212;Portfolio Turnover Risk.&#8221;</span></div> </div> </td> </tr>
<tr style="height: 197.32pt;">
<td style="background-color: #ffffff; padding-bottom: 7pt; padding-top: 7pt; vertical-align: Top; width: 131.5pt;"> <div style="line-height: 0.5pt; text-align: left;"> <div style="margin-right: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">&#160;</span></div> </div> </td>
<td style="background-color: #ffffff; padding-bottom: 7pt; padding-top: 7pt; vertical-align: Top; width: 384.5pt;"> <div style="line-height: 11.02pt; text-align: left;"> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-style: italic; margin-left: 0.0pt;">U.S. Government Securities Risk</span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">. Different types of U.S. government securities have different </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">relative levels of credit risk depending on the nature of the particular government support for </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">that security. U.S. government securities may be supported by: (i) the full faith and credit of </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">the United States government; (ii) the ability of the issuer to borrow from the U.S. Treasury; </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">(iii) the credit of the issuing agency, instrumentality or government-sponsored entity (&#8220;GSE&#8221;); </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">(iv) pools of assets (e.g., mortgage-backed securities); or (v) the United States in some other </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">way. The U.S. government and its agencies and instrumentalities do not guarantee the market </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">value of their securities, which may fluctuate in value and are subject to investment risks, and </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">certain U.S. government securities may not be backed by the full faith and credit of the United </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">States government. Any downgrades of the U.S. credit rating could increase volatility in both </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">stock and bond markets, result in higher interest rates and higher Treasury yields and increase </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">the costs of all debt generally. The value of U.S. government obligations may be adversely </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">affected by changes in interest rates. It is possible that the issuers of some U.S. government </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">securities will not have the funds to timely meet their payment obligations in the future and </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">there is a risk of default. For certain agency and GSE issued securities, there is no guarantee </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">the U.S. government will support the agency or GSE if it is unable to meet its obligations. . </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">See &#8220;Risks&#8212;U.S. Government Securities Risk.&#8221;</span></div> </div> </td> </tr>
<tr style="height: 168.28pt;">
<td style="background-color: #ffffff; padding-bottom: 1.5pt; padding-top: 7pt; vertical-align: Top; width: 131.5pt;"> <div style="line-height: 0.5pt; text-align: left;"> <div style="margin-right: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">&#160;</span></div> </div> </td>
<td style="background-color: #ffffff; padding-bottom: 1.5pt; padding-top: 7pt; vertical-align: Top; width: 384.5pt;"> <div style="line-height: 11.02pt; text-align: left;"> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-style: italic; margin-left: 0.0pt;">UK Departure from EU (&#8220;Brexit&#8221;) Risk</span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">. On January 31, 2020, the United Kingdom officially </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">withdrew from the European Union (&#8220;EU&#8221;) and the two sides entered into a transition period, </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">during which period EU law continued to apply in the UK. The transition period ended on </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">December 31, 2020. On December 30, 2020, the UK and the EU signed an agreement on the </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">terms governing certain aspects of the EU&#8217;s and the United Kingdom&#8217;s relationship following </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">the end of the transition period, the EU-UK Trade and Cooperation Agreement (the &#8220;TCA&#8221;). </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">Notwithstanding the TCA, there is likely to be considerable uncertainty as to the UK&#8217;s post-</span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">transition framework, and in particular as to the arrangements which will apply to the UK&#8217;s </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">relationships with the EU and with other countries, which is likely to continue to develop and </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">could result in increased volatility and illiquidity and potentially lower economic growth. The </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">political divisions surrounding Brexit within the United Kingdom, as well as those between </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">the UK and the EU, may also have a destabilizing impact on the economy and currency of the </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">United Kingdom and the EU. Any further exits from member states of the EU, or the </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">possibility of such exits, would likely cause additional market disruption globally and </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">introduce new legal and regulatory uncertainties.</span></div> </div> </td> </tr> </table> </div> </div> <div style="clear: both;"></div> <div style="float: left; margin-left: 39pt; margin-top: 12pt; width: 516pt; min-height: 12pt;"> <div style="line-height: 10.02pt; text-align: center;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; line-height: 10.02pt; margin-left: 0%;">33</span></div> </div> </div> </div> <div style="float: left; margin-bottom: 5.0pt; width: 100%;"></div> <hr style="clear: both; margin: 40.0pt 0.25pt 0.25pt 0.25pt;" /></div> <div> <div><a id="xx_4afe4159-96c7-4c11-87a9-46b0c559bfad_34"></a> <div style="page-break-after: always; position: relative;"> <div style="clear: both;"></div> <div style="float: left; margin-left: 39pt; margin-top: 36pt; width: 516pt; min-height: 696pt;"> <div style="margin-top: 0.0pt;">
<table style="empty-cells: show; width: 516pt;" cellpadding="0" cellspacing="0">
<tr style="height: 193.32pt;">
<td style="background-color: #ffffff; padding-bottom: 7pt; padding-top: 7pt; vertical-align: Top; width: 131.5pt;"> <div style="line-height: 0.5pt; text-align: left;"> <div style="margin-right: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">&#160;</span></div> </div> </td>
<td style="background-color: #ffffff; padding-bottom: 7pt; padding-top: 7pt; vertical-align: Top; width: 384.5pt;"> <div style="line-height: 11.02pt; text-align: left;"> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">In addition to the effects on the Fund&#8217;s investments in European issuers, the unavoidable </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">uncertainties and events related to Brexit could negatively affect the value and liquidity of the </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">Fund&#8217;s other investments, increase taxes and costs of business and cause volatility in currency </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">exchange rates and interest rates. Brexit could adversely affect the performance of contracts in </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">existence at the date of Brexit and European, UK or worldwide political, regulatory, economic </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">or market conditions and could contribute to instability in political institutions, regulatory </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">agencies and financial markets. Brexit could also lead to legal uncertainty and politically </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">divergent national laws and regulations as a new relationship between the UK and EU is </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">defined and as the UK determines which EU laws to replace or replicate. In addition, Brexit </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">could lead to further disintegration of the EU and related political stresses (including those </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">related to sentiment against cross border capital movements and activities of investors like the </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">Fund), prejudice to financial services businesses that are conducting business in the EU and </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">which are based in the UK, legal uncertainty regarding achievement of compliance with </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">applicable financial and commercial laws and regulations in view of the expected steps to be </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">taken pursuant to or in contemplation of Brexit. Any of these effects of Brexit, and others that </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">cannot be anticipated, could adversely affect the Fund&#8217;s business, results of operations and </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">financial condition. See &#8220;Risks&#8212;UK Departure from EU (&#8220;Brexit&#8221;) Risk.&#8221;</span></div> </div> </td> </tr>
<tr style="height: 230.38pt;">
<td style="background-color: #ffffff; padding-bottom: 7pt; padding-top: 7pt; vertical-align: Top; width: 131.5pt;"> <div style="line-height: 0.5pt; text-align: left;"> <div style="margin-right: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">&#160;</span></div> </div> </td>
<td style="background-color: #ffffff; padding-bottom: 7pt; padding-top: 7pt; vertical-align: Top; width: 384.5pt;"> <div style="line-height: 11.02pt; text-align: left;"> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-style: italic; margin-left: 0.0pt;">Redenomination Risk</span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">. The result of Brexit, the progression of the European debt crisis and the </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">possibility of one or more Eurozone countries exiting the European Monetary Union </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">(&#8220;EMU&#8221;), or even the collapse of the euro as a common currency, has created significant </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">volatility in currency and financial markets generally. The effects of the collapse of the euro, </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">or of the exit of one or more countries from the EMU, on the U.S. and global economies and </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">securities markets are impossible to predict and any such events could have a significant </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">adverse impact on the value and risk profile of the Fund&#8217;s portfolio. Any partial or complete </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">dissolution of the EMU could have significant adverse effects on currency and financial </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">markets, and on the values of the Fund&#8217;s portfolio investments. If one or more EMU countries </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">were to stop using the euro as its primary currency, the Fund&#8217;s investments in such countries </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">may be redenominated into a different or newly adopted currency. As a result, the value of </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">those investments could decline significantly and unpredictably. In addition, securities or other </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">investments that are redenominated may be subject to foreign currency risk, liquidity risk and </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">valuation risk to a greater extent than similar investments currently denominated in euros. To </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">the extent a currency used for redenomination purposes is not specified in respect of certain </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">EMU-related investments, or should the euro cease to be used entirely, the currency in which </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">such investments are denominated may be unclear, making such investments particularly </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">difficult to value or dispose of. The Fund may incur additional expenses to the extent it is </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">required to seek judicial or other clarification of the denomination or value of such securities. </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">See &#8220;Risks&#8212;Redenomination Risk.&#8221;</span></div> </div> </td> </tr>
<tr style="height: 98.14pt;">
<td style="background-color: #ffffff; padding-bottom: 7pt; padding-top: 7pt; vertical-align: Top; width: 131.5pt;"> <div style="line-height: 0.5pt; text-align: left;"> <div style="margin-right: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">&#160;</span></div> </div> </td>
<td style="background-color: #ffffff; padding-bottom: 7pt; padding-top: 7pt; vertical-align: Top; width: 384.5pt;"> <div style="line-height: 11.02pt; text-align: left;"> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-style: italic; margin-left: 0.0pt;">Legislation and Regulation Risk</span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">. At any time after the date hereof, U.S. and non-U.S. </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">governmental agencies and other regulators may implement additional regulations and </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">legislators may pass new laws that affect the investments held by the Fund, the strategies used </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">by the Fund or the level of regulation or taxation applying to the Fund (such as regulations </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">related to investments in derivatives and other transactions). These regulations and laws impact </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">the investment strategies, performance, costs and operations of the Fund, as well as the way </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">investments in, and shareholders of, the Fund are taxed. See &#8220;Risks&#8212;Legislation and </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">Regulation Risk.&#8221;</span></div> </div> </td> </tr>
<tr style="height: 98.14pt;">
<td style="background-color: #ffffff; padding-bottom: 7pt; padding-top: 7pt; vertical-align: Top; width: 131.5pt;"> <div style="line-height: 0.5pt; text-align: left;"> <div style="margin-right: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">&#160;</span></div> </div> </td>
<td style="background-color: #ffffff; padding-bottom: 7pt; padding-top: 7pt; vertical-align: Top; width: 384.5pt;"> <div style="line-height: 11.02pt; text-align: left;"> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-style: italic; margin-left: 0.0pt;">LIBOR Replacement Risk</span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">. The terms of many investments, financings or other transactions in </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">the U.S. and globally have been historically tied to interbank reference rates (referred to </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">collectively as the &#8220;London Interbank Offered Rate&#8221; or &#8220;LIBOR&#8221;), which function as a </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">reference rate or benchmark for such investments, financings or other transactions. LIBOR </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">may be a significant factor in determining payment obligations under derivatives transactions, </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">the cost of financing of Fund investments or the value or return on certain other Fund </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">investments. As a result, LIBOR may be relevant to, and directly affect, the Fund&#8217;s </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">performance.</span></div> </div> </td> </tr>
<tr style="height: 69.1pt;">
<td style="background-color: #ffffff; padding-bottom: 1.5pt; padding-top: 7pt; vertical-align: Top; width: 131.5pt;"> <div style="line-height: 0.5pt; text-align: left;"> <div style="margin-right: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">&#160;</span></div> </div> </td>
<td style="background-color: #ffffff; padding-bottom: 1.5pt; padding-top: 7pt; vertical-align: Top; width: 384.5pt;"> <div style="line-height: 11.02pt; text-align: left;"> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">On July 27, 2017, the Chief Executive of the Financial Conduct Authority (&#8220;FCA&#8221;), the </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">United Kingdom&#8217;s financial regulatory body and regulator of LIBOR, announced that after </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">2021 it will cease its active encouragement of banks to provide the quotations needed to </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">sustain LIBOR due to the absence of an active market for interbank unsecured lending and </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">other reasons. On March&#160;5, 2021, the FCA and the LIBOR administrator announced that most </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">tenors and settings of LIBOR will be officially discontinued on December 31, 2021 and the </span></div> </div> </td> </tr> </table> </div> </div> <div style="clear: both;"></div> <div style="float: left; margin-left: 39pt; margin-top: 12pt; width: 516pt; min-height: 12pt;"> <div style="line-height: 10.02pt; text-align: center;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; line-height: 10.02pt; margin-left: 0%;">34</span></div> </div> </div> </div> <div style="float: left; margin-bottom: 5.0pt; width: 100%;"></div> <hr style="clear: both; margin: 40.0pt 0.25pt 0.25pt 0.25pt;" /></div> <div> <div><a id="xx_4afe4159-96c7-4c11-87a9-46b0c559bfad_35"></a> <div style="page-break-after: always; position: relative;"> <div style="clear: both;"></div> <div style="float: left; margin-left: 39pt; margin-top: 36pt; width: 516pt; min-height: 696pt;"> <div style="margin-top: 0.0pt;">
<table style="empty-cells: show; width: 516pt;" cellpadding="0" cellspacing="0">
<tr style="height: 105.16pt;">
<td style="background-color: #ffffff; padding-bottom: 7pt; padding-top: 7pt; vertical-align: Top; width: 131.5pt;"> <div style="line-height: 0.5pt; text-align: left;"> <div style="margin-right: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">&#160;</span></div> </div> </td>
<td style="background-color: #ffffff; padding-bottom: 7pt; padding-top: 7pt; vertical-align: Top; width: 384.5pt;"> <div style="line-height: 11.02pt; text-align: left;"> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">most widely used U.S. dollar LIBOR tenors will be discontinued on June 30, 2023 and that </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">such LIBOR rates will no longer be sufficiently robust to be representative of their underlying </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">markets around that time. Various financial industry groups have begun planning for that </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">transition and certain regulators and industry groups have taken actions to establish alternative </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">reference rates (e.g., the Secured Overnight Financing Rate, which measures the cost of </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">overnight borrowings through repurchase agreement transactions collateralized with U.S. </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">Treasury securities and is intended to replace U.S. dollar LIBOR with certain adjustments). </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">However, there are challenges to converting contracts and transactions to a new benchmark </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">and neither the full effects of the transition process nor its ultimate outcome is known.</span></div> </div> </td> </tr>
<tr style="height: 373.64pt;">
<td style="background-color: #ffffff; padding-bottom: 7pt; padding-top: 7pt; vertical-align: Top; width: 131.5pt;"> <div style="line-height: 0.5pt; text-align: left;"> <div style="margin-right: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">&#160;</span></div> </div> </td>
<td style="background-color: #ffffff; padding-bottom: 7pt; padding-top: 7pt; vertical-align: Top; width: 384.5pt;"> <div style="line-height: 11.02pt; text-align: left;"> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">The transition process might lead to increased volatility and illiquidity in markets for </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">instruments with terms tied to LIBOR. It could also lead to a reduction in the interest rates on, </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">and the value of, some LIBOR-based investments and reduce the effectiveness of hedges </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">mitigating risk in connection with LIBOR-based investments. Although some LIBOR-based </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">instruments may contemplate a scenario where LIBOR is no longer available by providing for </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">an alternative rate-setting methodology or increased costs for certain LIBOR-related </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">instruments or financing transactions, others may not have such provisions and there may be </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">significant uncertainty regarding the effectiveness of any such alternative methodologies. </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">Instruments that include robust fallback provisions to facilitate the transition from LIBOR to </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">an alternative reference rate may also include adjustments that do not adequately compensate </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">the holder for the different characteristics of the alternative reference rate. The result may be </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">that the fallback provision results in a value transfer from one party to the instrument to the </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">counterparty. Additionally, because such provisions may differ across instruments (e.g., </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">hedges versus cash positions hedged), LIBOR&#8217;s cessation may give rise to basis risk and </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">render hedges less effective. As the usefulness of LIBOR as a benchmark could deteriorate </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">during the transition period, these effects and related adverse conditions could occur prior to </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">the end of some LIBOR tenors in 2021 or the remaining LIBOR tenors in mid-2023. There </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">also remains uncertainty and risk regarding the willingness and ability of issuers to include </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">enhanced provisions in new and existing contracts or instruments. The effect of any changes </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">to, or discontinuation of, LIBOR on the Fund will vary depending, among other things, on (1) </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">existing fallback or termination provisions in individual contracts and the possible </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">renegotiation of existing contracts and (2) whether, how, and when industry participants </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">develop and adopt new reference rates and fallbacks for both legacy and new products and </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">instruments. Fund investments may also be tied to other interbank offered rates and </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">currencies, which also will face similar issues. In many cases, in the event that an instrument </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">falls back to an alternative reference rate, including the Secured Overnight Financing Rate </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">(&#8220;SOFR&#8221;), the alternative reference rate will not perform the same as LIBOR because the </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">alternative reference rates do not include a credit sensitive component in the calculation of the </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">rate. The alternative reference rates are generally secured by U.S. treasury securities and will </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">reflect the performance of the market for U.S. treasury securities and not the inter-bank </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">lending markets. In the event of a credit crisis, floating rate instruments using alternative </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">reference rates could therefore perform differently than those instruments using a rate indexed </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">to the inter-bank lending market.</span></div> </div> </td> </tr>
<tr style="height: 131.2pt;">
<td style="background-color: #ffffff; padding-bottom: 7pt; padding-top: 7pt; vertical-align: Top; width: 131.5pt;"> <div style="line-height: 0.5pt; text-align: left;"> <div style="margin-right: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">&#160;</span></div> </div> </td>
<td style="background-color: #ffffff; padding-bottom: 7pt; padding-top: 7pt; vertical-align: Top; width: 384.5pt;"> <div style="line-height: 11.02pt; text-align: left;"> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">The state of New York recently adopted legislation that would require LIBOR-based contracts </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">that do not include a fallback to a rate other than LIBOR or an inter-bank quotation poll to use </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">a SOFR-based rate plus a spread adjustment. Pending legislation in the U.S. Congress may </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">also affect the transition of LIBOR-based instruments as well by permitting trustees and </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">calculation agents to transition instruments with no LIBOR transition language to an </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">alternative reference rate selected by such agents. The New York statute and the federal </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">legislative proposal includes safe harbors from liability, which may limit the recourse the Fund </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">may have if the alternative reference rate does not fully compensate the Fund for the transition </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">of an instrument from LIBOR. If enacted, the federal legislation may also preempt the New </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">York statue, which may create uncertainty to the extent a party has sought to rely on the New </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">York statute to select a replacement benchmark rate.</span></div> </div> </td> </tr>
<tr style="height: 47.06pt;">
<td style="background-color: #ffffff; padding-bottom: 1.5pt; padding-top: 7pt; vertical-align: Top; width: 131.5pt;"> <div style="line-height: 0.5pt; text-align: left;"> <div style="margin-right: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">&#160;</span></div> </div> </td>
<td style="background-color: #ffffff; padding-bottom: 1.5pt; padding-top: 7pt; vertical-align: Top; width: 384.5pt;"> <div style="line-height: 11.02pt; text-align: left;"> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">These developments could negatively affect financial markets in general and present </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">heightened risks, including with respect to the Fund&#8217;s investments. As a result of this </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">uncertainty and developments relating to the transition process, the Fund and its investments </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">may be adversely affected. See &#8220;Risks&#8212;LIBOR Replacement Risk.&#8221;</span></div> </div> </td> </tr> </table> </div> </div> <div style="clear: both;"></div> <div style="float: left; margin-left: 39pt; margin-top: 12pt; width: 516pt; min-height: 12pt;"> <div style="line-height: 10.02pt; text-align: center;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; line-height: 10.02pt; margin-left: 0%;">35</span></div> </div> </div> </div> <div style="float: left; margin-bottom: 5.0pt; width: 100%;"></div> <hr style="clear: both; margin: 40.0pt 0.25pt 0.25pt 0.25pt;" /></div> <div> <div><a id="xx_4afe4159-96c7-4c11-87a9-46b0c559bfad_36"></a> <div style="page-break-after: always; position: relative;"> <div style="clear: both;"></div> <div style="float: left; margin-left: 39pt; margin-top: 36pt; width: 516pt; min-height: 696pt;"> <div style="margin-top: 0.0pt;">
<table style="empty-cells: show; width: 516pt;" cellpadding="0" cellspacing="0">
<tr style="height: 105.16pt;">
<td style="background-color: #ffffff; padding-bottom: 7pt; padding-top: 7pt; vertical-align: Top; width: 131.5pt;"> <div style="line-height: 0.5pt; text-align: left;"> <div style="margin-right: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">&#160;</span></div> </div> </td>
<td style="background-color: #ffffff; padding-bottom: 7pt; padding-top: 7pt; vertical-align: Top; width: 384.5pt;"> <div style="line-height: 11.02pt; text-align: left;"> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-style: italic; margin-left: 0.0pt;">Recent Market Developments Risk</span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">. Periods of market volatility remain, and may continue to </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">occur in the future, in response to various political, social, economic and public health events </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">both within and outside of the United States. These conditions have resulted in, and in many </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">cases continue to result in, greater price volatility, less liquidity, widening credit spreads and a </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">lack of price transparency, with certain securities remaining illiquid and of uncertain value. </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">Such market conditions may adversely affect the Fund, including by making valuation of some </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">of the Fund&#8217;s securities uncertain and/or result in sudden and significant valuation increases or </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">declines in the Fund&#8217;s holdings. If there is a significant decline in the value of the Fund&#8217;s </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">portfolio, this may impact the asset coverage levels for the Fund&#8217;s outstanding leverage.</span></div> </div> </td> </tr>
<tr style="height: 164.26pt;">
<td style="background-color: #ffffff; padding-bottom: 7pt; padding-top: 7pt; vertical-align: Top; width: 131.5pt;"> <div style="line-height: 0.5pt; text-align: left;"> <div style="margin-right: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">&#160;</span></div> </div> </td>
<td style="background-color: #ffffff; padding-bottom: 7pt; padding-top: 7pt; vertical-align: Top; width: 384.5pt;"> <div style="line-height: 11.02pt; text-align: left;"> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">Risks resulting from any future debt or other economic or public health crisis could also have </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">a detrimental impact on the global economic recovery, the financial condition of financial </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">institutions and the Fund&#8217;s business, financial condition and results of operation. Market and </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">economic disruptions have affected, and may in the future affect, consumer confidence levels </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">and spending, personal bankruptcy rates, levels of incurrence and default on consumer debt </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">and home prices, among other factors. To the extent uncertainty regarding the U.S. or global </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">economy negatively impacts consumer confidence and consumer credit factors, the Fund&#8217;s </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">business, financial condition and results of operations could be significantly and adversely </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">affected. Downgrades to the credit ratings of major banks could result in increased borrowing </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">costs for such banks and negatively affect the broader economy. Moreover, Federal Reserve </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">policy, including with respect to certain interest rates, may also adversely affect the value, </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">volatility and liquidity of dividend- and interest-paying securities. Market volatility, rising </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">interest rates and/or unfavorable economic conditions could impair the Fund&#8217;s ability to </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">achieve its investment objective.</span></div> </div> </td> </tr>
<tr style="height: 153.24pt;">
<td style="background-color: #ffffff; padding-bottom: 7pt; padding-top: 7pt; vertical-align: Top; width: 131.5pt;"> <div style="line-height: 0.5pt; text-align: left;"> <div style="margin-right: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">&#160;</span></div> </div> </td>
<td style="background-color: #ffffff; padding-bottom: 7pt; padding-top: 7pt; vertical-align: Top; width: 384.5pt;"> <div style="line-height: 11.02pt; text-align: left;"> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">The outbreak of COVID-19 and the current recovery underway has caused disruption to </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">consumer demand and economic output and supply chains. There are still travel restrictions </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">and quarantines, and adverse impacts on local and global economies. As with other serious </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">economic disruptions, governmental authorities and regulators have in the past responded (and </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">may in the future respond to similar crises) to this crisis with significant fiscal and monetary </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">policy changes, including by providing direct capital infusions into companies, introducing </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">new monetary programs and considerably lowering interest rates, which, in some cases </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">resulted in negative interest rates and higher inflation. These actions, including their possible </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">unexpected or sudden reversal or potential ineffectiveness, could further increase volatility in </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">securities and other financial markets, reduce market liquidity, continue to cause higher </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">inflation, heighten investor uncertainty and adversely affect the value of the Fund&#8217;s </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">investments and the performance of the Fund. See &#8220;Risks&#8212;Recent Market Developments </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">Risk.&#8221;</span></div> </div> </td> </tr>
<tr style="height: 208.34pt;">
<td style="background-color: #ffffff; padding-bottom: 7pt; padding-top: 7pt; vertical-align: Top; width: 131.5pt;"> <div style="line-height: 0.5pt; text-align: left;"> <div style="margin-right: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">&#160;</span></div> </div> </td>
<td style="background-color: #ffffff; padding-bottom: 7pt; padding-top: 7pt; vertical-align: Top; width: 384.5pt;"> <div style="line-height: 11.02pt; text-align: left;"> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">Increasing Government and other Public Debt Risk. Government and other public debt, </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">including municipal obligations in which the Fund may invest, can be adversely affected by </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">large and sudden changes in local and global economic conditions that result in increased debt </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">levels. Although high levels of government and other public debt do not necessarily indicate or </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">cause economic problems, high levels of debt may create certain systemic risks if sound debt </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">management practices are not implemented. A high debt level may increase market pressures </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">to meet an issuer&#8217;s funding needs, which may increase borrowing costs and cause a </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">government or public or municipal entity to issue additional debt, thereby increasing the risk </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">of refinancing. A high debt level also raises concerns that the issuer may be unable or </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">unwilling to repay the principal or interest on its debt, which may adversely impact </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">instruments held by the Fund that rely on such payments. Extraordinary governmental and </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">quasigovernmental responses to the current economic, market, labor and public health </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">conditions are significantly increasing government and other public debt, which heighten </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">these risks and the long term consequences of these actions are not known. Unsustainable debt </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">levels can decline the valuation of currencies, and can prevent a government from </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">implementing effective counter-cyclical fiscal policy during economic downturns or can lead </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">to increases in inflation or generate or contribute to an economic downturn. See &#8220;Risks&#8212;</span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">Increasing Government and other Public Debt Risk.&#8221;</span></div> </div> </td> </tr>
<tr style="height: 58.08pt;">
<td style="background-color: #ffffff; padding-bottom: 1.5pt; padding-top: 7pt; vertical-align: Top; width: 131.5pt;"> <div style="line-height: 0.5pt; text-align: left;"> <div style="margin-right: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">&#160;</span></div> </div> </td>
<td style="background-color: #ffffff; padding-bottom: 1.5pt; padding-top: 7pt; vertical-align: Top; width: 384.5pt;"> <div style="line-height: 11.02pt; text-align: left;"> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">Municipal Securities Risk. Municipal securities are subject to a variety of risks, including </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">credit, interest, prepayment, liquidity, and valuation risks. In addition, municipal securities can </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">be adversely affected by (i) unfavorable legislative, political or other developments or events, </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">including natural disasters and public health conditions, and (ii) changes in the economic and </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">fiscal conditions of issuers of municipal securities or the federal government (in cases where it </span></div> </div> </td> </tr> </table> </div> </div> <div style="clear: both;"></div> <div style="float: left; margin-left: 39pt; margin-top: 12pt; width: 516pt; min-height: 12pt;"> <div style="line-height: 10.02pt; text-align: center;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; line-height: 10.02pt; margin-left: 0%;">36</span></div> </div> </div> </div> <div style="float: left; margin-bottom: 5.0pt; width: 100%;"></div> <hr style="clear: both; margin: 40.0pt 0.25pt 0.25pt 0.25pt;" /></div> <div> <div><a id="xx_4afe4159-96c7-4c11-87a9-46b0c559bfad_37"></a> <div style="page-break-after: always; position: relative;"> <div style="clear: both;"></div> <div style="float: left; margin-left: 39pt; margin-top: 36pt; width: 516pt; min-height: 696pt;"> <div style="margin-top: 0.0pt;">
<table style="empty-cells: show; width: 516pt;" cellpadding="0" cellspacing="0">
<tr style="height: 127.2pt;">
<td style="background-color: #ffffff; padding-bottom: 7pt; padding-top: 7pt; vertical-align: Top; width: 131.5pt;"> <div style="line-height: 0.5pt; text-align: left;"> <div style="margin-right: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">&#160;</span></div> </div> </td>
<td style="background-color: #ffffff; padding-bottom: 7pt; padding-top: 7pt; vertical-align: Top; width: 384.5pt;"> <div style="line-height: 11.02pt; text-align: left;"> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">provides financial support to such issuers). Municipal securities may be fully or partially </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">backed by the taxing authority or revenue of a local government, the credit of a private issuer, </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">or the current or anticipated revenues from a specific project, which may be adversely affected </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">as a result of economic and public health conditions. Certain sectors of the municipal bond </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">market have special risks that can affect them more significantly than the market as a whole. </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">Because many municipal instruments are issued to finance similar projects (such as education, </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">health care, transportation and utilities), conditions in these industries can significantly affect </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">the overall municipal market. Municipal securities that are insured may be adversely affected </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">by developments relevant to that particular insurer, or more general developments relevant to </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">the market as a whole. Municipal securities can be difficult to value and be less liquid than </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">other investments, which may affect performance. See &#8220;Risks&#8212; Municipal Securities Risk.</span></div> </div> </td> </tr>
<tr style="height: 65.08pt;">
<td style="background-color: #ffffff; padding-bottom: 7pt; padding-top: 7pt; vertical-align: Top; width: 131.5pt;"> <div style="line-height: 0.5pt; text-align: left;"> <div style="margin-right: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">&#160;</span></div> </div> </td>
<td style="background-color: #ffffff; padding-bottom: 7pt; padding-top: 7pt; vertical-align: Top; width: 384.5pt;"> <div style="line-height: 11.02pt; text-align: left;"> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">When-Issued and Delayed Delivery Transactions Risk. Securities purchased on a when-issued </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">or delayed delivery basis may expose the Fund to counterparty risk of default as well as the </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">risk that securities may experience fluctuations in value prior to their actual delivery. The Fund </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">generally will not accrue income with respect to a when-issued or delayed delivery security </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">prior to its stated delivery date.</span></div> </div> </td> </tr>
<tr style="height: 54.06pt;">
<td style="background-color: #ffffff; padding-bottom: 7pt; padding-top: 7pt; vertical-align: Top; width: 131.5pt;"> <div style="line-height: 0.5pt; text-align: left;"> <div style="margin-right: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">&#160;</span></div> </div> </td>
<td style="background-color: #ffffff; padding-bottom: 7pt; padding-top: 7pt; vertical-align: Top; width: 384.5pt;"> <div style="line-height: 11.02pt; text-align: left;"> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">Purchasing securities on a when-issued or delayed delivery basis can involve the additional </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">risk that the price or yield available in the market when the delivery takes place may not be as </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">favorable as that obtained in the transaction itself. See &#8220;Risks&#8212;When-Issued and Delayed </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">Delivery Transactions Risk.&#8221;</span></div> </div> </td> </tr>
<tr style="height: 241.4pt;">
<td style="background-color: #ffffff; padding-bottom: 7pt; padding-top: 7pt; vertical-align: Top; width: 131.5pt;"> <div style="line-height: 0.5pt; text-align: left;"> <div style="margin-right: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">&#160;</span></div> </div> </td>
<td style="background-color: #ffffff; padding-bottom: 7pt; padding-top: 7pt; vertical-align: Top; width: 384.5pt;"> <div style="line-height: 11.02pt; text-align: left;"> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-style: italic; margin-left: 0.0pt;">Short Sales Risk</span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">. The Fund may make short sales of securities. Short selling a security </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">involves selling a borrowed security with the expectation that the value of that security will </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">decline, so that the security may be purchased at a lower price when returning the borrowed </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">security. If the price of the security sold short increases between the time of the short sale and </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">the time the Fund replaces the borrowed security, the Fund will incur a loss; conversely, if the </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">price declines, the Fund will realize a capital gain. Any gain will be decreased, and any loss </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">will be increased, by the transaction costs incurred by the Fund, including the costs associated </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">with providing collateral to the broker-dealer (usually cash and liquid securities) and the </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">maintenance of collateral with its custodian. Although the Fund&#8217;s gain is limited to the price at </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">which it sold the security short, its potential loss is theoretically unlimited and is greater than a </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">direct investment in the security itself because the price of the borrowed or reference security </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">may rise. The Fund may not always be able to close out a short position at a particular time or </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">at an acceptable price. A lender may request that borrowed securities be returned to it on short </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">notice, and the Fund may have to buy the borrowed securities at an unfavorable price, resulting </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">in a loss. The Fund may have to pay a premium to borrow the securities and must pay any </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">dividends or interest payable on the securities until they are replaced, which will be expenses </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">of the Fund. Short sales also subject the Fund to risks related to the lender (such as bankruptcy </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">risks) or the general risk that the lender does not comply with its obligations. Government </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">actions also may affect the Fund&#8217;s ability to engage in short selling. The use of physical short </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">sales is typically more expensive than gaining short exposure through derivatives. See </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">&#8220;Risks&#8212;Short Sales Risk.&#8221;</span></div> </div> </td> </tr>
<tr style="height: 120.18pt;">
<td style="background-color: #ffffff; padding-bottom: 7pt; padding-top: 7pt; vertical-align: Top; width: 131.5pt;"> <div style="line-height: 0.5pt; text-align: left;"> <div style="margin-right: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">&#160;</span></div> </div> </td>
<td style="background-color: #ffffff; padding-bottom: 7pt; padding-top: 7pt; vertical-align: Top; width: 384.5pt;"> <div style="line-height: 11.02pt; text-align: left;"> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-style: italic; margin-left: 0.0pt;">Repurchase Agreement Risk</span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">. In the event of the insolvency of the counterparty to a repurchase </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">agreement, recovery of the repurchase price owed to the Fund may be delayed. Such an </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">insolvency may result in a loss to the extent that the value of the purchased securities or other </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">assets decreases during the delay or that value has otherwise not been maintained at an amount </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">equal to the repurchase price. The credit, liquidity and other risks associated with repurchase </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">agreements are magnified to the extent a repurchase agreement is secured by collateral other </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">than cash, government securities or liquid securities or instruments issued by an issuer that has </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">an exceptionally strong credit quality. The Fund may accept a wide variety of underlying </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">securities as collateral for repurchase agreements entered into by the Fund. See &#8220;Risks&#8212;</span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">Repurchase Agreement Risk.&#8221;</span></div> </div> </td> </tr>
<tr style="height: 69.1pt;">
<td style="background-color: #ffffff; padding-bottom: 1.5pt; padding-top: 7pt; vertical-align: Top; width: 131.5pt;"> <div style="line-height: 0.5pt; text-align: left;"> <div style="margin-right: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">&#160;</span></div> </div> </td>
<td style="background-color: #ffffff; padding-bottom: 1.5pt; padding-top: 7pt; vertical-align: Top; width: 384.5pt;"> <div style="line-height: 11.02pt; text-align: left;"> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-style: italic; margin-left: 0.0pt;">Securities Lending Risk</span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">. The Fund may lend its portfolio securities to banks or dealers which </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">meet the creditworthiness standards established by the Board of Trustees. Securities lending is </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">subject to the risk that loaned securities may not be available to the Fund on a timely basis and </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">the Fund may therefore lose the opportunity to sell the securities at a desirable price. Any loss </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">in the market price of securities loaned by the Fund that occurs during the term of the loan </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">would be borne by the Fund and would adversely affect the Fund&#8217;s performance. Also, there </span></div> </div> </td> </tr> </table> </div> </div> <div style="clear: both;"></div> <div style="float: left; margin-left: 39pt; margin-top: 12pt; width: 516pt; min-height: 12pt;"> <div style="line-height: 10.02pt; text-align: center;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; line-height: 10.02pt; margin-left: 0%;">37</span></div> </div> </div> </div> <div style="float: left; margin-bottom: 5.0pt; width: 100%;"></div> <hr style="clear: both; margin: 40.0pt 0.25pt 0.25pt 0.25pt;" /></div> <div> <div><a id="xx_4afe4159-96c7-4c11-87a9-46b0c559bfad_38"></a> <div style="page-break-after: always; position: relative;"> <div style="clear: both;"></div> <div style="float: left; margin-left: 39pt; margin-top: 36pt; width: 516pt; min-height: 696pt;"> <div style="margin-top: 0.0pt;">
<table style="empty-cells: show; width: 516pt;" cellpadding="0" cellspacing="0">
<tr style="height: 39.04pt;">
<td style="background-color: #ffffff; padding-bottom: 7pt; padding-top: 7pt; vertical-align: Top; width: 131.5pt;"> <div style="line-height: 0.5pt; text-align: left;"> <div style="margin-right: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">&#160;</span></div> </div> </td>
<td style="background-color: #ffffff; padding-bottom: 7pt; padding-top: 7pt; vertical-align: Top; width: 384.5pt;"> <div style="line-height: 11.02pt; text-align: left;"> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">may be delays in recovery, or no recovery, of securities loaned or even a loss of rights in the </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">collateral should the borrower of the securities fail financially while the loan is outstanding. </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">See &#8220;Risks&#8212;Securities Lending Risk.&#8221;</span></div> </div> </td> </tr>
<tr style="height: 120.18pt;">
<td style="background-color: #ffffff; padding-bottom: 7pt; padding-top: 7pt; vertical-align: Top; width: 131.5pt;"> <div style="line-height: 0.5pt; text-align: left;"> <div style="margin-right: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">&#160;</span></div> </div> </td>
<td style="background-color: #ffffff; padding-bottom: 7pt; padding-top: 7pt; vertical-align: Top; width: 384.5pt;"> <div style="line-height: 11.02pt; text-align: left;"> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-style: italic; margin-left: 0.0pt;">Risk of Failure to Qualify as a RIC</span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">. To qualify for the favorable U.S. federal income tax </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">treatment generally accorded to RICs, the Fund must, among other things, derive in each </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">taxable year at least 90% of its gross income from certain prescribed sources, meet certain </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">asset diversification tests and distribute for each taxable year at least 90% of its &#8220;investment </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">company taxable income&#8221; (generally, ordinary income plus the excess, if any, of net short-term </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">capital gain over net long-term capital loss). If for any taxable year the Fund does not qualify </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">as a RIC, all of its taxable income for that year (including its net capital gain) would be subject </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">to tax at regular corporate rates without any deduction for distributions to shareholders, and </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">such distributions would be taxable as ordinary dividends to the extent of the Fund&#8217;s current </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">and accumulated earnings and profits. See &#8220;Risks&#8212;Risk of Failure to Qualify as a RIC.&#8221;</span></div> </div> </td> </tr>
<tr style="height: 109.16pt;">
<td style="background-color: #ffffff; padding-bottom: 7pt; padding-top: 7pt; vertical-align: Top; width: 131.5pt;"> <div style="line-height: 0.5pt; text-align: left;"> <div style="margin-right: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">&#160;</span></div> </div> </td>
<td style="background-color: #ffffff; padding-bottom: 7pt; padding-top: 7pt; vertical-align: Top; width: 384.5pt;"> <div style="line-height: 11.02pt; text-align: left;"> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-style: italic; margin-left: 0.0pt;">Conflicts of Interest Risk</span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">. Guggenheim Partners is a global asset management and investment </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">advisory organization. Guggenheim Partners and its affiliates advise clients in various markets </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">and transactions and purchase, sell, hold and recommend a broad array of investments for their </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">own accounts and the accounts of clients and of their personnel and the relationships and </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">products they sponsor, manage and advise. Accordingly, Guggenheim Partners and its </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">affiliates may have direct and indirect interests in a variety of global markets and the securities </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">of issuers in which the Fund may directly or indirectly invest. These interests may cause the </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">Fund to be subject to regulatory limits, and in certain circumstances, these various activities </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">may prevent the Fund from participating in an investment decision.</span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; line-height: 11.02pt; margin-left: 0.0pt;"> </span></div> </div> </td> </tr>
<tr style="height: 296.5pt;">
<td style="background-color: #ffffff; padding-bottom: 7pt; padding-top: 7pt; vertical-align: Top; width: 131.5pt;"> <div style="line-height: 0.5pt; text-align: left;"> <div style="margin-right: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">&#160;</span></div> </div> </td>
<td style="background-color: #ffffff; padding-bottom: 7pt; padding-top: 7pt; vertical-align: Top; width: 384.5pt;"> <div style="line-height: 11.02pt; text-align: left;"> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">An investment in the Fund is subject to a number of actual or potential conflicts of interest. </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">For example, the Adviser and its affiliates are engaged in a variety of business activities that </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">are unrelated to managing the Fund, which may give rise to actual, potential or perceived </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">conflicts of interest in connection with making investment decisions for the Fund. As a result, </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">activities and dealings of Guggenheim Partners and its affiliates may affect the Fund in ways </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">that may disadvantage or restrict the Fund or be deemed to benefit Guggenheim Partners and </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">its affiliates. From time to time, conflicts of interest may arise between a portfolio manager&#8217;s </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">management of the investments of the Fund on the one hand and the management of other </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">registered investment companies, pooled investment vehicles and other accounts (collectively, </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">&#8220;other accounts&#8221;) on the other. The other accounts might have similar investment objectives or </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">strategies as the Fund or otherwise hold, purchase, or sell securities that are eligible to be held, </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">purchased or sold by the Fund. In certain circumstances, and subject to its fiduciary </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">obligations under the Investment Advisers Act of 1940 (the &#8220;Advisers Act&#8221;) and the </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">requirements of the 1940 Act, the Adviser may have to allocate a limited investment </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">opportunity among its clients. The other accounts might also have different investment </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">objectives or strategies than the Fund. In addition, the Fund may be limited in its ability to </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">invest in, or hold securities of, any companies that the Adviser or its affiliates (or other </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">accounts managed by the Adviser or its affiliates) control, or companies in which the Adviser </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">or its affiliates have interests or with whom they do business. For example, affiliates of the </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">Adviser may act as underwriter, lead agent or administrative agent for loans or otherwise </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">participate in the market for loans. Because of limitations imposed by applicable law, the </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">presence of the Adviser&#8217;s affiliates in the markets for loans may restrict the Fund&#8217;s ability to </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">acquire some loans or affect the timing or price of such acquisitions. To address these </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">conflicts, the Fund and Guggenheim Partners and its affiliates have established various </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">policies and procedures that are reasonably designed to detect and prevent such conflicts and </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">prevent the Fund from being disadvantaged.</span></div> </div> </td> </tr>
<tr style="height: 54.06pt;">
<td style="background-color: #ffffff; padding-bottom: 7pt; padding-top: 7pt; vertical-align: Top; width: 131.5pt;"> <div style="line-height: 0.5pt; text-align: left;"> <div style="margin-right: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">&#160;</span></div> </div> </td>
<td style="background-color: #ffffff; padding-bottom: 7pt; padding-top: 7pt; vertical-align: Top; width: 384.5pt;"> <div style="line-height: 11.02pt; text-align: left;"> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">There can be no guarantee that these policies and procedures will be successful in every </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">instance. For additional information about potential conflicts of interest, and the way in which </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">the Adviser and its affiliates address such conflicts, please see &#8220;Management of the Fund&#8212;</span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">Potential Conflicts of Interest&#8221; in the SAI. See &#8220;Risks&#8212;Conflicts of Interest Risk.&#8221;</span></div> </div> </td> </tr>
<tr style="height: 69.1pt;">
<td style="background-color: #ffffff; padding-bottom: 1.5pt; padding-top: 7pt; vertical-align: Top; width: 131.5pt;"> <div style="line-height: 0.5pt; text-align: left;"> <div style="margin-right: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">&#160;</span></div> </div> </td>
<td style="background-color: #ffffff; padding-bottom: 1.5pt; padding-top: 7pt; vertical-align: Top; width: 384.5pt;"> <div style="line-height: 11.02pt; text-align: left;"> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-style: italic; margin-left: 0.0pt;">Market Disruption and Geopolitical Risk</span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">. The Fund does not know and cannot predict how </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">long securities markets may be affected by geopolitical events and the effects of these and </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">similar events in the future on the U.S. economy and securities markets. The Fund may be </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">adversely affected by abrogation of international agreements and national laws which have </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">created the market instruments in which the Fund may invest, failure of the designated </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">national and international authorities to enforce compliance with the same laws and </span></div> </div> </td> </tr> </table> </div> </div> <div style="clear: both;"></div> <div style="float: left; margin-left: 39pt; margin-top: 12pt; width: 516pt; min-height: 12pt;"> <div style="line-height: 10.02pt; text-align: center;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; line-height: 10.02pt; margin-left: 0%;">38</span></div> </div> </div> </div> <div style="float: left; margin-bottom: 5.0pt; width: 100%;"></div> <hr style="clear: both; margin: 40.0pt 0.25pt 0.25pt 0.25pt;" /></div> <div> <div><a id="xx_4afe4159-96c7-4c11-87a9-46b0c559bfad_39"></a> <div style="page-break-after: always; position: relative;"> <div style="clear: both;"></div> <div style="float: left; margin-left: 39pt; margin-top: 36pt; width: 516pt; min-height: 696pt;"> <div style="margin-top: 0.0pt;">
<table style="empty-cells: show; width: 516pt;" cellpadding="0" cellspacing="0">
<tr style="height: 105.16pt;">
<td style="background-color: #ffffff; padding-bottom: 7pt; padding-top: 7pt; vertical-align: Top; width: 131.5pt;"> <div style="line-height: 0.5pt; text-align: left;"> <div style="margin-right: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">&#160;</span></div> </div> </td>
<td style="background-color: #ffffff; padding-bottom: 7pt; padding-top: 7pt; vertical-align: Top; width: 384.5pt;"> <div style="line-height: 11.02pt; text-align: left;"> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">agreements, failure of local, national and international organization to carry out their duties </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">prescribed to them under the relevant agreements, revisions of these laws and agreements </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">which dilute their effectiveness or conflicting interpretation of provisions of the same laws and </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">agreements. The Fund may be adversely affected by uncertainties such as terrorism, </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">international political developments, and changes in government policies, taxation, restrictions </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">on foreign investment and currency repatriation, currency fluctuations and other developments </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">in the laws and regulations of the countries in which it is invested and the risks associated with </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">financial, economic, public health, labor and other global market developments and </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">disruptions. See &#8220;Risks&#8212;Market Disruption and Geopolitical Risk.&#8221;</span></div> </div> </td> </tr>
<tr style="height: 109.16pt;">
<td style="background-color: #ffffff; padding-bottom: 7pt; padding-top: 7pt; vertical-align: Top; width: 131.5pt;"> <div style="line-height: 0.5pt; text-align: left;"> <div style="margin-right: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">&#160;</span></div> </div> </td>
<td style="background-color: #ffffff; padding-bottom: 7pt; padding-top: 7pt; vertical-align: Top; width: 384.5pt;"> <div style="line-height: 11.02pt; text-align: left;"> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-style: italic; margin-left: 0.0pt;">Technology Risk</span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">. As the use of Internet technology has become more prevalent, the Fund and </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">its service providers and markets generally have become more susceptible to potential </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">operational risks related to intentional and unintentional events that may cause the Fund or a </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">service provider to lose proprietary information, suffer data corruption or lose operational </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">capacity. There can be no guarantee that any risk management systems established by the </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">Fund, its service providers, or issuers of the securities in which the Fund invests to reduce </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">technology and cyber security risks will succeed, and the Fund cannot control such systems </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">put in place by service providers, issuers or other third parties whose operations may affect the </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">Fund. See &#8220;Risks&#8212;Technology Risk.&#8221;</span></div> </div> </td> </tr>
<tr style="height: 296.5pt;">
<td style="background-color: #ffffff; padding-bottom: 7pt; padding-top: 7pt; vertical-align: Top; width: 131.5pt;"> <div style="line-height: 0.5pt; text-align: left;"> <div style="margin-right: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">&#160;</span></div> </div> </td>
<td style="background-color: #ffffff; padding-bottom: 7pt; padding-top: 7pt; vertical-align: Top; width: 384.5pt;"> <div style="line-height: 11.02pt; text-align: left;"> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-style: italic; margin-left: 0.0pt;">Cyber Security, Market Disruptions and Operational Risk</span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">. As in other parts of the economy, </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">the Fund and its service providers, as well as exchanges and market participants through or </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">with which the Fund trades and exchanges on which its shares trade and other infrastructures </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">and services on which the Fund or its service providers rely, are susceptible to ongoing risks </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">related to cyber incidents and the risks associated with financial, economic, public health, </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">labor and other global market developments and disruptions. Cyber incidents, which can be </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">perpetrated by a variety of means, may result in actual or potential adverse consequences for </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">critical information and communications technology, systems and networks that are vital to </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">the operations of the Fund or its service providers. A cyber incident or sudden market </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">disruption could adversely impact the Fund, its service providers or its shareholders by, among </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">other things, interfering with the processing of shareholder transactions or other operational </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">functionality, impacting the Fund&#8217;s ability to calculate its NAV or other data, causing the </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">release of private or confidential information, impeding trading, causing reputational damage, </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">and subjecting the Fund to fines, penalties or financial losses or otherwise adversely affecting </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">the operations, systems and activities of the Fund, its service providers and market </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">intermediaries. These types of adverse consequences could also result from other operational </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">disruptions or failures arising from, for example, processing errors, human errors, and other </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">technological issues. In each case, the Fund&#8217;s ability to calculate its NAV correctly, in a timely </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">manner or process trades or Fund transactions may be adversely affected, including over a </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">potentially extended period. The Fund and its service providers may directly bear these risks </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">and related costs. The Fund and its service providers are continuing to experience the impacts </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">of quarantines and similar measures being enacted by governments in response to COVID-19, </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">which have obstructed the regular functioning of business workforces (including requiring </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">employees to work from external locations and their homes). Accordingly, the risks described </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">above are heightened under current conditions. See &#8220;Risks&#8212; Cyber Security, Market </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">Disruptions and Operational Risk.&#8221;</span></div> </div> </td> </tr>
<tr style="height: 87.12pt;">
<td style="background-color: #ffffff; padding-bottom: 7pt; padding-top: 7pt; vertical-align: Top; width: 131.5pt;"> <div style="line-height: 11.02pt; text-align: left;"> <div style="margin-right: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-weight: bold; margin-left: 0.0pt;">Anti-Takeover Provisions in </span></div> <div style="margin-right: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-weight: bold; margin-left: 0.0pt;">the Fund&#8217;s Governing </span></div> <div style="margin-right: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-weight: bold; margin-left: 0.0pt;">Documents</span></div> </div> </td>
<td style="background-color: #ffffff; padding-bottom: 7pt; padding-top: 7pt; vertical-align: Top; width: 384.5pt;"> <div style="line-height: 11.02pt; text-align: left;"> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">The Fund&#8217;s Amended Restated Agreement and Declaration of Trust and Bylaws (collectively, </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">the &#8220;Governing Documents&#8221;) include provisions that could limit the ability of other entities or </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">persons to acquire control of the Fund or convert the Fund to an open-end fund. These </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">provisions could have the effect of depriving the Common Shareholders of opportunities to </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">sell their Common Shares at a premium over the then-current market price of the Common </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">Shares. See &#8220;Anti-Takeover and Other Provisions in the Fund&#8217;s Governing Documents&#8221; and </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">&#8220;Risks&#8212;Anti- Takeover Provisions.&#8221;</span></div> </div> </td> </tr>
<tr style="height: 58.08pt;">
<td style="background-color: #ffffff; padding-bottom: 1.5pt; padding-top: 7pt; vertical-align: Top; width: 131.5pt;"> <div style="line-height: 11.02pt; text-align: left;"> <div style="margin-right: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-weight: bold; margin-left: 0.0pt;">Administrator, Custodian, </span></div> <div style="margin-right: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-weight: bold; margin-left: 0.0pt;">Transfer Agent and Dividend </span></div> <div style="margin-right: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-weight: bold; margin-left: 0.0pt;">Disbursing Agent</span></div> </div> </td>
<td style="background-color: #ffffff; padding-bottom: 1.5pt; padding-top: 7pt; vertical-align: Top; width: 384.5pt;"> <div style="line-height: 11.02pt; text-align: left;"> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">The Bank of New York Mellon serves as the custodian of the Fund&#8217;s assets pursuant to a </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">custody agreement. Under the custody agreement, the custodian holds the Fund&#8217;s assets in </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">compliance with the 1940 Act. For its services, the custodian will receive a monthly fee based </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">upon, among other things, the average value of the total assets of the Fund, plus certain </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">charges for securities transactions.</span></div> </div> </td> </tr> </table> </div> </div> <div style="clear: both;"></div> <div style="float: left; margin-left: 39pt; margin-top: 12pt; width: 516pt; min-height: 12pt;"> <div style="line-height: 10.02pt; text-align: center;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; line-height: 10.02pt; margin-left: 0%;">39</span></div> </div> </div> </div> <div style="float: left; margin-bottom: 5.0pt; width: 100%;"></div> <hr style="clear: both; margin: 40.0pt 0.25pt 0.25pt 0.25pt;" /></div> <div> <div><a id="xx_4afe4159-96c7-4c11-87a9-46b0c559bfad_40"></a> <div style="page-break-after: always; position: relative;"> <div style="clear: both;"></div> <div style="float: left; margin-left: 39pt; margin-top: 36pt; width: 516pt; min-height: 696pt;"> <div style="margin-top: 0.0pt;">
<table style="empty-cells: show; width: 516pt;" cellpadding="0" cellspacing="0">
<tr style="height: 39.04pt;">
<td style="background-color: #ffffff; padding-bottom: 7pt; padding-top: 7pt; vertical-align: Top; width: 131.5pt;"> <div style="line-height: 0.5pt; text-align: left;"> <div style="margin-right: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">&#160;</span></div> </div> </td>
<td style="background-color: #ffffff; padding-bottom: 7pt; padding-top: 7pt; vertical-align: Top; width: 384.5pt;"> <div style="line-height: 11.02pt; text-align: left;"> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">Computershare Inc. serves as the Fund&#8217;s dividend disbursing agent, transfer agent and registrar </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">with respect to the Common Shares of the Fund, and Computershare Trust Company, N.A. </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">serves as agent under the Fund&#8217;s Dividend Reinvestment Plan (the &#8220;Plan Agent&#8221;).</span></div> </div> </td> </tr>
<tr style="height: 47.06pt;">
<td style="background-color: #ffffff; padding-bottom: 1.5pt; padding-top: 7pt; vertical-align: Top; width: 131.5pt;"> <div style="line-height: 0.5pt; text-align: left;"> <div style="margin-right: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">&#160;</span></div> </div> </td>
<td style="background-color: #ffffff; padding-bottom: 1.5pt; padding-top: 7pt; vertical-align: Top; width: 384.5pt;"> <div style="line-height: 11.02pt; text-align: left;"> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">MUFG Investor Services (US) LLC (&#8220;MUFG&#8221;) serves as the Fund&#8217;s administrator. Pursuant to </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">an administration agreement with the Fund, MUFG provides certain administrative, </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">bookkeeping and accounting services to the Fund. MUFG also provides certain fund </span></div> <div style="margin-left: 5pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">accounting services to the Fund pursuant to a fund accounting agreement.</span></div> </div> </td> </tr> </table> </div> <div style="line-height: 11.02pt; text-align: left;"></div> </div> <div style="clear: both;"></div> <div style="float: left; margin-left: 39pt; margin-top: 12pt; width: 516pt; min-height: 12pt;"> <div style="line-height: 10.02pt; text-align: center;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; line-height: 10.02pt; margin-left: 0%;">40</span></div> </div> </div> </div> <div style="float: left; margin-bottom: 5.0pt; width: 100%;"></div> <hr style="clear: both; margin: 40.0pt 0.25pt 0.25pt 0.25pt;" /></div> <div> <div><a id="xx_81c632a9-102f-4e5b-bf62-5c666bb6d9db_1"></a> <div style="page-break-after: always; position: relative;"> <div style="clear: both;"></div> <div style="float: left; min-height: 696pt; margin-left: 39pt; margin-top: 36pt; width: 516pt;"> <div style="line-height: 22.02pt; margin-top: 12pt; text-align: center;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-weight: bold; margin-left: 0%; text-transform: uppercase;">SUMMARY OF FUND EXPENSES</span></div> <div style="line-height: 12.02pt; margin-top: 4.70pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;">The following table contains information about the costs and expenses that Common Shareholders will bear directly or </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">indirectly. The table is based on the capital structure of the Fund as of May 31, 2021 (except as noted below). The purpose of the </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">table and the example below is to help you understand the fees and expenses that you, as a Common Shareholder, would bear </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">directly or indirectly. Additional information regarding the costs and fees and expenses that you, as a Common Shareholder, </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">would bear directly or indirectly is available in the section of the Prospectus entitled &#8220;Supplemental Summary of Fund </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">Expenses.&#8221;</span><span style="color: #000000; font-family: times new roman; font-size: 1pt; line-height: 1pt;">&#8195;</span></div> <div style="line-height: 1.0pt; margin-top: 5.00pt; text-align: left;"></div> <div style="margin-top: 0.0pt;">
<table style="empty-cells: show; width: 516pt;" cellpadding="0" cellspacing="0">
<tr style="height: 12.35pt;">
<td colspan="2" style="background-color: #ffffff; border-bottom: 0.5pt solid #000000; padding-bottom: 1.35pt; padding-top: 1.35pt; vertical-align: Bottom; width: 516.00pt;"> <div style="line-height: 11.0pt; text-align: left;"> <div style="margin-left: 3pt; margin-right: 4pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-weight: bold; margin-left: 0.0pt;">Shareholder Transaction Expenses</span></div> </div> </td> </tr>
<tr style="height: 12.35pt;">
<td style="background-color: azure; padding-bottom: 4pt; padding-top: 1.35pt; vertical-align: Bottom; width: 457.18pt;"> <div style="line-height: 10pt; text-align: left;"> <div style="margin-left: 3pt; margin-right: 6pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 10pt;">Sales load (as a percentage of offering price)</span></div> </div> </td>
<td style="background-color: azure; padding-bottom: 4pt; padding-top: 1.35pt; vertical-align: Bottom; width: 58.82pt;"> <div style="line-height: 10pt; text-align: left;"> <div style="margin-left: 4pt; margin-right: 4pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 4.11pt;">&#8212;</span><span style="color: #000000; font-family: times new roman; font-size: 6.5pt; margin-right: -6.5pt; position: relative; top: -2pt;">(1)</span> <div style="clear: right;"></div> </div> </div> </td> </tr>
<tr style="height: 13pt;">
<td style="background-color: #ffffff; padding-bottom: 4pt; padding-top: 4pt; vertical-align: Bottom; width: 457.18pt;"> <div style="line-height: 10pt; text-align: left;"> <div style="margin-left: 3pt; margin-right: 6pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 10pt;">Offering expenses borne by the Fund (as a percentage of offering price)</span></div> </div> </td>
<td style="background-color: #ffffff; padding-bottom: 4pt; padding-top: 4pt; vertical-align: Bottom; width: 58.82pt;"> <div style="line-height: 10pt; text-align: left;"> <div style="margin-left: 4pt; margin-right: 4pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 4.17pt;">0.60%</span><span style="color: #000000; font-family: times new roman; font-size: 6.5pt; margin-right: -16.52pt; position: relative; top: -2pt;">(1),(2)</span> <div style="clear: right;"></div> </div> </div> </td> </tr>
<tr style="height: 9pt;">
<td style="background-color: azure; padding-bottom: 1.5pt; padding-top: 4pt; vertical-align: Bottom; width: 457.18pt;"> <div style="line-height: 10pt; text-align: left;"> <div style="margin-left: 3pt; margin-right: 6pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 10pt;">Dividend Reinvestment Plan fees</span><span style="color: #000000; font-family: times new roman; font-size: 6.5pt; margin-left: 0.0pt; position: relative; top: -2pt;">(3)</span> <div style="clear: right;"></div> </div> </div> </td>
<td style="background-color: azure; padding-bottom: 1.5pt; padding-top: 4pt; vertical-align: Bottom; width: 58.82pt;"> <div style="line-height: 10pt; text-align: left;"> <div style="margin-left: 4pt; margin-right: 4pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">None</span></div> </div> </td> </tr> </table> </div> <div style="line-height: 1.0pt; text-align: center;"><span style="color: #000000; font-family: times new roman; font-size: 1pt; line-height: 1pt; margin-left: 0%;">&#8195;</span></div> <div style="line-height: 1.0pt; margin-top: 5.00pt; text-align: left;"></div> <div style="margin-top: 0.0pt;">
<table style="empty-cells: show; width: 516pt;" cellpadding="0" cellspacing="0">
<tr style="height: 19pt;">
<td style="background-color: #ffffff; padding-bottom: 2pt; padding-top: 2pt; vertical-align: Bottom; width: 359.5pt;"> <div style="line-height: 10pt; text-align: left;"> <div style="margin-left: 3pt; margin-right: 6pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-weight: bold; margin-left: 0.0pt;">Annual Expenses</span></div> </div> </td>
<td style="background-color: #ffffff; padding-bottom: 2pt; padding-top: 2pt; vertical-align: Bottom; width: 156.5pt;"> <div style="line-height: 12.02pt; text-align: left;"> <div style="margin-left: 4pt; margin-right: 4pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-weight: bold;">Percentage of Average Net Assets </span></div> <div style="margin-left: 4pt; margin-right: 4pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-weight: bold;">Attributable to Common Shares</span><span style="color: #000000; font-family: times new roman; font-size: 6.5pt; font-weight: bold; position: relative; top: -2.75pt;">(4)</span></div> </div> </td> </tr>
<tr style="height: 11pt;">
<td style="background-color: azure; padding-bottom: 4pt; padding-top: 2pt; vertical-align: Bottom; width: 359.5pt;"> <div style="line-height: 10pt; text-align: left;"> <div style="margin-left: 3pt; margin-right: 6pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">Management fee</span><span style="color: #000000; font-family: times new roman; font-size: 6.5pt; margin-left: 0.0pt; position: relative; top: -2pt;">(5)</span> <div style="clear: right;"></div> </div> </div> </td>
<td style="background-color: azure; padding-bottom: 4pt; padding-top: 2pt; vertical-align: Bottom; width: 156.5pt;"> <div style="line-height: 10pt; text-align: left;"> <div style="margin-left: 4pt; margin-right: 4pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.00pt;">1.36%</span></div> </div> </td> </tr>
<tr style="height: 13pt;">
<td style="background-color: #ffffff; padding-bottom: 4pt; padding-top: 4pt; vertical-align: Bottom; width: 359.5pt;"> <div style="line-height: 10pt; text-align: left;"> <div style="margin-left: 3pt; margin-right: 6pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">Interest expense</span><span style="color: #000000; font-family: times new roman; font-size: 6.5pt; margin-left: 0.0pt; position: relative; top: -2pt;">(6)</span> <div style="clear: right;"></div> </div> </div> </td>
<td style="background-color: #ffffff; padding-bottom: 4pt; padding-top: 4pt; vertical-align: Bottom; width: 156.5pt;"> <div style="line-height: 10pt; text-align: left;"> <div style="margin-left: 4pt; margin-right: 4pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">0.28%</span></div> </div> </td> </tr>
<tr style="height: 13pt;">
<td style="background-color: azure; padding-bottom: 4pt; padding-top: 4pt; vertical-align: Bottom; width: 359.5pt;"> <div style="line-height: 10pt; text-align: left;"> <div style="margin-left: 3pt; margin-right: 6pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">Acquired fund fees and expenses</span><span style="color: #000000; font-family: times new roman; font-size: 6.5pt; margin-left: 0.0pt; position: relative; top: -2pt;">(7)</span> <div style="clear: right;"></div> </div> </div> </td>
<td style="background-color: azure; padding-bottom: 4pt; padding-top: 4pt; vertical-align: Bottom; width: 156.5pt;"> <div style="line-height: 10pt; text-align: left;"> <div style="margin-left: 4pt; margin-right: 4pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.00pt;">0.09%</span></div> </div> </td> </tr>
<tr style="height: 16.35pt;">
<td style="background-color: #ffffff; padding-bottom: 3.35pt; padding-top: 4pt; vertical-align: Bottom; width: 359.5pt;"> <div style="line-height: 10pt; text-align: left;"> <div style="margin-left: 3pt; margin-right: 6pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">Other expenses</span><span style="color: #000000; font-family: times new roman; font-size: 6.5pt; margin-left: 0.0pt; position: relative; top: -2pt;">(8)</span> <div style="clear: right;"></div> </div> </div> </td>
<td style="background-color: #ffffff; border-bottom: 0.5pt solid #000000; padding-bottom: 1.35pt; padding-top: 4pt; vertical-align: Bottom; width: 156.5pt;"> <div style="line-height: 11.0pt; text-align: left;"> <div style="margin-left: 4pt; margin-right: 4pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">0.19%</span></div> </div> </td> </tr>
<tr style="height: 15.05pt;">
<td style="background-color: azure; padding-bottom: 1.5pt; padding-top: 3.35pt; vertical-align: Bottom; width: 359.5pt;"> <div style="line-height: 10pt; text-align: left;"> <div style="margin-left: 3pt; margin-right: 6pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">Total annual expenses</span><span style="color: #000000; font-family: times new roman; font-size: 6.5pt; margin-left: 0.0pt; position: relative; top: -2pt;">(9)</span> <div style="clear: right;"></div> </div> </div> </td>
<td style="background-color: azure; border-bottom: 0.5pt solid #000000; padding-bottom: 1.35pt; padding-top: 3.35pt; vertical-align: Bottom; width: 156.5pt;"> <div style="line-height: 11.0pt; text-align: left;"> <div style="margin-left: 4pt; margin-right: 4pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.00pt;">1.92%</span></div> </div> </td> </tr> </table> </div> <div style="line-height: 10.5pt; margin-top: 4.70pt; text-align: left;"><hr style="background-color: #000000; height: 0.5pt; margin-bottom: 8pt; margin-left: 0%; margin-top: 5.0pt; text-align: left; width: 48pt;" /></div> <div> <div style="clear: both; margin-top: 4.20pt; position: relative; width: 100%;"> <div style="float: left; line-height: 12.02pt; text-align: left; width: 11.68pt;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">(1)</span></div> <div style="float: left; line-height: 12.02pt; margin-left: 12.32pt; text-align: justify; width: 487.00pt;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">If Common Shares to which this Prospectus relates are sold to or through underwriters, the Prospectus Supplement will set </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">forth any applicable sales load and the estimated offering expenses borne by the Fund.</span></div> </div> <div style="clear: both; position: relative;"></div> </div> <div> <div style="clear: both; margin-top: 9.71pt; position: relative; width: 100%;"> <div style="float: left; line-height: 12.02pt; text-align: left; width: 11.68pt;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">(2)</span></div> <div style="float: left; line-height: 12.02pt; margin-left: 12.32pt; text-align: justify; width: 487.00pt;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">The Adviser has incurred on behalf of the Fund all costs associated with the Fund&#8217;s registration statement and any offerings </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">pursuant to such registration statement. The Fund has agreed, in connection with offerings under this registration statement, </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">to reimburse the Adviser for offering expenses incurred by the Adviser on the Fund&#8217;s behalf in an amount up to the lesser of </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">the Fund&#8217;s actual offering costs or 0.60% of the total offering price of the Common Shares sold in such offerings. Amounts </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">in excess of 0.60% of the total offering price of shares sold pursuant to this registration statement will not be subject to </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">recoupment from the Fund. The expense limitation agreement will be in effect for the life of the registration statement with </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">respect to all Common Shares sold pursuant to the registration statement and may only be terminated by the Board of </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">Trustees of the Fund.</span></div> </div> <div style="clear: both; position: relative;"></div> </div> <div> <div style="clear: both; margin-top: 9.80pt; position: relative; width: 100%;"> <div style="float: left; line-height: 12.02pt; text-align: left; width: 11.68pt;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">(3)</span></div> <div style="float: left; line-height: 12.02pt; margin-left: 12.32pt; text-align: justify; width: 487.00pt;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">You will pay brokerage charges if you direct the Plan Agent to sell your Common Shares held in a dividend reinvestment </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">account. See &#8220;Dividend Reinvestment Plan.&#8221;</span></div> </div> <div style="clear: both; position: relative;"></div> </div> <div> <div style="clear: both; margin-top: 9.80pt; position: relative; width: 100%;"> <div style="float: left; line-height: 12.02pt; text-align: left; width: 11.68pt;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">(4)</span></div> <div style="float: left; line-height: 12.02pt; margin-left: 12.32pt; text-align: left; width: 487.00pt;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">Based upon average net assets applicable to Common Shares during the year ended May 31, 2021.</span></div> </div> <div style="clear: both; position: relative;"></div> </div> <div> <div style="clear: both; margin-top: 9.80pt; position: relative; width: 100%;"> <div style="float: left; line-height: 12.02pt; text-align: left; width: 11.68pt;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">(5)</span></div> <div style="float: left; line-height: 12.02pt; margin-left: 12.32pt; text-align: justify; width: 487.00pt;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">The Fund pays the Investment Adviser a fee, payable monthly in arrears at an annual rate equal to 1.00% of the Fund&#8217;s </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">average daily Managed Assets (as defined herein). The fee shown above is based upon outstanding Financial Leverage of </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">29.9% of the Fund&#8217;s Managed Assets. If Financial Leverage of more than 29.9% of the Fund&#8217;s Managed Assets is used, the </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">management fees shown would be higher.</span></div> </div> <div style="clear: both; position: relative;"></div> </div> <div> <div style="clear: both; margin-top: 9.80pt; position: relative; width: 100%;"> <div style="float: left; line-height: 12.02pt; text-align: left; width: 11.68pt;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">(6)</span></div> <div style="float: left; line-height: 12.02pt; margin-left: 12.32pt; text-align: justify; width: 487.00pt;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">Includes interest expense on borrowings under the Fund&#8217;s committed facility agreement and reverse repurchase </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">agreements, based on the Fund&#8217;s outstanding Financial Leverage as of May 31, 2021. The Fund has entered into a </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">committed facility agreement pursuant to which it may borrow up to $80 million. As of May 31, 2021, outstanding </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">Borrowings under the Fund&#8217;s committed facility agreement were $38.5 million, which represented approximately 3.1% of </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">the Fund&#8217;s Managed Assets as of such date. In addition, as of May 31, 2021 the Fund had reverse repurchase agreements </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">outstanding representing Financial Leverage equal to approximately 26.8% of the Fund&#8217;s Managed Assets. As of </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">May 31, 2021, the Fund&#8217;s total Financial Leverage represented approximately 29.9% of the Fund&#8217;s Managed Assets. The </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">cost of Financial Leverage, including the portion of the investment advisory fee attributable to the assets purchased with </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">the proceeds of Financial Leverage, is borne by Common Shareholders. The actual amount of interest payments on </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">borrowed funds and interest expense on reverse repurchase agreements borne by the Fund will vary over time in </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">accordance with the level of the Fund&#8217;s use of Borrowings and reverse repurchase agreements and variations in market </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">interest rates.</span></div> </div> <div style="clear: both; position: relative;"></div> </div> <div> <div style="clear: both; margin-top: 9.80pt; position: relative; width: 100%;"> <div style="float: left; line-height: 12.02pt; text-align: left; width: 11.68pt;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">(7)</span></div> <div style="float: left; line-height: 12.02pt; margin-left: 12.32pt; text-align: justify; width: 487.00pt;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">Acquired Fund Fees and Expenses are based on estimated amounts for the current fiscal year, reflecting the fees and </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">expenses borne by the Fund as an investor in other investment companies during the most recently completed fiscal year </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">and the expected investment of the proceeds of this offering.</span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; line-height: 12.02pt;"> </span></div> </div> <div style="clear: both; position: relative;"></div> </div> </div> <div style="clear: both;"></div> <div style="float: left; margin-left: 39pt; margin-top: 12pt; width: 516pt; min-height: 12pt;"> <div style="line-height: 10.02pt; text-align: center;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; line-height: 10.02pt; margin-left: 0%;">41</span></div> </div> </div> </div> <div style="float: left; margin-bottom: 5.0pt; width: 100%;"></div> <hr style="clear: both; margin: 40.0pt 0.25pt 0.25pt 0.25pt;" /></div> <div> <div><a id="xx_81c632a9-102f-4e5b-bf62-5c666bb6d9db_2"></a> <div style="page-break-after: always; position: relative;"> <div style="clear: both;"></div> <div style="float: left; margin-left: 39pt; margin-top: 36pt; width: 516pt; min-height: 696pt;"> <div> <div style="clear: both; position: relative; width: 100%;"> <div style="float: left; line-height: 12.02pt; text-align: left; width: 11.68pt;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">(8)</span></div> <div style="float: left; line-height: 12.02pt; margin-left: 12.32pt; text-align: left; width: 487.00pt;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">Other expenses are estimated based upon those incurred during the fiscal year ended May 31, 2021.</span></div> </div> <div style="clear: both; position: relative;"></div> </div> <div> <div style="clear: both; margin-top: 10.00pt; position: relative; width: 100%;"> <div style="float: left; line-height: 12.02pt; text-align: left; width: 11.68pt;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">(9) </span></div> <div style="float: left; line-height: 12.02pt; margin-left: 12.32pt; text-align: justify; width: 487.00pt;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">The Total Annual Fund Operating Expenses in this fee table may not correlate to the expense ratios in the Fund&#8217;s financial </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">highlights and financial statements because the financial highlights and financial statements reflect only the operating </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">expenses of the Fund and do not include Acquired Fund Fees and Expenses, which are fees and expenses incurred </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">indirectly by the Fund through its investments in certain underlying investment companies.</span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; line-height: 12.02pt;"> </span></div> </div> <div style="clear: both; position: relative;"></div> </div> <div style="line-height: 12.02pt; margin-top: 10.00pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-weight: bold;">Example</span></div> <div style="line-height: 12.02pt; margin-top: 10.00pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;">As required by relevant SEC regulations, the following Example illustrates the expenses that you would pay on a $1,000 </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">investment in Common Shares, assuming (1) &#8220;Total annual expenses&#8221; of 1.92% of net assets attributable to Common Shares and </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">(2)&#160;a&#160;5% annual return*:</span><span style="color: #000000; font-family: times new roman; font-size: 1pt; line-height: 1pt;">&#8195;</span></div> <div style="line-height: 1.0pt; margin-top: 5.00pt; text-align: left;"></div> <div style="margin-top: 0.0pt;">
<table style="empty-cells: show; width: 516pt;" cellpadding="0" cellspacing="0">
<tr style="height: 9pt;">
<td style="background-color: #ffffff; padding-bottom: 2pt; padding-top: 2pt; vertical-align: Bottom; width: 346.61pt;"> <div style="line-height: 0.5pt; text-align: left;"> <div style="margin-left: 3pt; margin-right: 6pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-weight: bold; margin-left: 0.0pt;">&#160;</span></div> </div> </td>
<td style="background-color: #ffffff; padding-bottom: 2pt; padding-top: 2pt; vertical-align: Bottom; width: 38.25pt;"> <div style="line-height: 10pt; text-align: left;"> <div style="margin-left: 4pt; margin-right: 4pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-weight: bold;">1 Year</span></div> </div> </td>
<td style="background-color: #ffffff; padding-bottom: 2pt; padding-top: 2pt; vertical-align: Bottom; width: 42.05pt;"> <div style="line-height: 10pt; text-align: left;"> <div style="margin-left: 4pt; margin-right: 4pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-weight: bold;">3 Years</span></div> </div> </td>
<td style="background-color: #ffffff; padding-bottom: 2pt; padding-top: 2pt; vertical-align: Bottom; width: 42.05pt;"> <div style="line-height: 10pt; text-align: left;"> <div style="margin-left: 4pt; margin-right: 4pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-weight: bold;">5 Years</span></div> </div> </td>
<td style="background-color: #ffffff; padding-bottom: 2pt; padding-top: 2pt; vertical-align: Bottom; width: 47.05pt;"> <div style="line-height: 10pt; text-align: left;"> <div style="margin-left: 4pt; margin-right: 4pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-weight: bold;">10 Years</span></div> </div> </td> </tr>
<tr style="height: 7pt;">
<td style="background-color: azure; padding-bottom: 1.5pt; padding-top: 2pt; vertical-align: Bottom; width: 346.61pt;"> <div style="line-height: 10pt; text-align: left;"> <div style="margin-left: 3pt; margin-right: 6pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">Total&#160;Expenses&#160;Incurred</span><span style="color: #000000; font-family: times new roman; font-size: 6.5pt; margin-left: 0.0pt; position: relative; top: -2pt;">(1)</span> <div style="clear: right;"></div> </div> </div> </td>
<td style="background-color: azure; padding-bottom: 1.5pt; padding-top: 2pt; vertical-align: Bottom; width: 38.25pt;"> <div style="line-height: 10pt; text-align: left;"> <div style="margin-left: 11.61pt; margin-right: 11.61pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.00pt;">$</span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">20</span></div> </div> </td>
<td style="background-color: azure; padding-bottom: 1.5pt; padding-top: 2pt; vertical-align: Bottom; width: 42.05pt;"> <div style="line-height: 10pt; text-align: left;"> <div style="margin-left: 13.51pt; margin-right: 13.51pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.00pt;">$</span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">60</span></div> </div> </td>
<td style="background-color: azure; padding-bottom: 1.5pt; padding-top: 2pt; vertical-align: Bottom; width: 42.05pt;"> <div style="line-height: 10pt; text-align: left;"> <div style="margin-left: 11.01pt; margin-right: 11.01pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.00pt;">$</span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">104</span></div> </div> </td>
<td style="background-color: azure; padding-bottom: 1.5pt; padding-top: 2pt; vertical-align: Bottom; width: 47.05pt;"> <div style="line-height: 10pt; text-align: left;"> <div style="margin-left: 4pt; margin-right: 4pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.00pt;">$</span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">225</span></div> </div> </td> </tr> </table> </div> <div> <div style="clear: both; margin-top: 10.00pt; position: relative; width: 100%;"> <div style="float: left; line-height: 12.02pt; text-align: left; width: 5.01pt;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">*</span></div> <div style="float: left; line-height: 12.02pt; margin-left: 18.99pt; text-align: justify; width: 487.00pt;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-weight: bold;">The Example should not be considered a representation of future expenses or returns. Actual expenses may be </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-weight: bold;">higher or lower than those assumed. Moreover, the Fund&#8217;s actual rate of return may be higher or lower than the </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-weight: bold;">hypothetical 5% return shown in the Example. The Example assumes that all dividends and distributions are </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-weight: bold;">reinvested at net asset value.</span></div> </div> <div style="clear: both; position: relative;"></div> </div> <div> <div style="clear: both; margin-top: 10.00pt; position: relative; width: 100%;"> <div style="float: left; line-height: 12.02pt; text-align: left; width: 5.01pt;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; line-height: 12.02pt;">&#8194;</span></div> <div style="float: left; line-height: 12.02pt; margin-left: 18.99pt; text-align: justify; width: 487.00pt;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">Assuming the Fund does not utilize Financial Leverage, the estimated total expenses incurred for the 1, 3, 5 and 10 year </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">period would be $17, $52, $89 and $194, respectively.</span></div> </div> <div style="clear: both; position: relative;"></div> </div> <div> <div style="clear: both; margin-top: 10.00pt; position: relative; width: 100%;"> <div style="float: left; line-height: 12.02pt; text-align: left; width: 11.68pt;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">(1)</span></div> <div style="float: left; line-height: 12.02pt; margin-left: 12.32pt; text-align: justify; width: 487.00pt;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">The example above does not include sales loads or estimated offering costs. In connection with an offering of Common </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">Shares, the Prospectus Supplement will set forth an Example including sales load and estimated offering costs.</span> </span></div> </div> <div style="clear: both; position: relative;"></div> </div> </div> <div style="clear: both;"></div> <div style="float: left; margin-left: 39pt; margin-top: 12pt; width: 516pt; min-height: 12pt;"> <div style="line-height: 10.02pt; text-align: center;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; line-height: 10.02pt; margin-left: 0%;">42</span></div> </div> </div> </div> <div style="float: left; margin-bottom: 5.0pt; width: 100%;"></div> <hr style="clear: both; margin: 40.0pt 0.25pt 0.25pt 0.25pt;" /></div> <div> <div><a id="xx_ad591977-9f65-49cb-bcec-78f8fd5537d7_1"></a> <div style="page-break-after: always; position: relative;"> <div style="clear: both;"></div> <div style="float: left; margin-left: 39pt; margin-top: 36pt; width: 516pt; min-height: 696pt;"> <div style="line-height: 22.02pt; margin-top: 12pt; text-align: center;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-weight: bold; margin-left: 0%; text-transform: uppercase;">FINANCIAL HIGHLIGHTS</span></div> <div style="line-height: 12.02pt; margin-top: 5.30pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;">The financial highlights table is intended to help you understand the Fund&#8217;s financial performance. The information in </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">this table for the fiscal year ended 2021, 2020, 2019, 2018 and 2017 is derived from the Fund&#8217;s financial statements and has </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">been audited by Ernst &#38; Young LLP, independent registered public accounting firm for the Fund. The Fund&#8217;s audited financial </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">statements appearing in the Fund&#8217;s annual report to shareholders for the year ended May 31, 2021, including the report of Ernst </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">&#38; Young LLP thereon, including accompanying notes thereto, are incorporated by reference in the SAI.</span><span style="color: #000000; font-family: times new roman; font-size: 1pt; line-height: 1pt;">&#8195;</span></div> <div style="line-height: 1.0pt; margin-top: 5.00pt; text-align: left;"></div> <div style="margin-top: 0.0pt;">
<table style="empty-cells: show; width: 516pt;" cellpadding="0" cellspacing="0">
<tr style="height: 55.41pt;">
<td style="vertical-align: Bottom; width: 259.45pt;"> <div style="line-height: 10pt; text-align: left;"> <div style="margin-right: 3pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-weight: bold; margin-left: 0.0pt;">Per share data</span></div> </div> </td>
<td style="border-bottom: 0.5pt solid #000000; vertical-align: Bottom; width: 51.91pt;"> <div style="line-height: 13.02pt; text-align: left;"> <div style="margin-left: 1pt; margin-right: 1pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-weight: bold;">For the </span></div> <div style="margin-left: 1pt; margin-right: 1pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-weight: bold;">Year </span></div> <div style="margin-left: 1pt; margin-right: 1pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-weight: bold;">Ended </span></div> <div style="margin-left: 1pt; margin-right: 1pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-weight: bold;">May 31, </span></div> <div style="margin-left: 1pt; margin-right: 1pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-weight: bold;">2021</span></div> </div> </td>
<td style="border-bottom: 0.5pt solid #000000; vertical-align: Bottom; width: 51.91pt;"> <div style="line-height: 13.02pt; text-align: left;"> <div style="margin-left: 1pt; margin-right: 1pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-weight: bold;">For the </span></div> <div style="margin-left: 1pt; margin-right: 1pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-weight: bold;">Year </span></div> <div style="margin-left: 1pt; margin-right: 1pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-weight: bold;">Ended</span></div> <div style="margin-left: 1pt; margin-right: 1pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-weight: bold;">May 31, </span></div> <div style="margin-left: 1pt; margin-right: 1pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-weight: bold;">2020</span></div> </div> </td>
<td style="border-bottom: 0.5pt solid #000000; vertical-align: Bottom; width: 51.91pt;"> <div style="line-height: 13.02pt; text-align: left;"> <div style="margin-left: 1pt; margin-right: 1pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-weight: bold;">For the </span></div> <div style="margin-left: 1pt; margin-right: 1pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-weight: bold;">Year </span></div> <div style="margin-left: 1pt; margin-right: 1pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-weight: bold;">Ended</span></div> <div style="margin-left: 1pt; margin-right: 1pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-weight: bold;">May 31, </span></div> <div style="margin-left: 1pt; margin-right: 1pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-weight: bold;">2019</span></div> </div> </td>
<td style="border-bottom: 0.5pt solid #000000; vertical-align: Bottom; width: 51.91pt;"> <div style="line-height: 13.02pt; text-align: left;"> <div style="margin-left: 1pt; margin-right: 1pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-weight: bold;">For the </span></div> <div style="margin-left: 1pt; margin-right: 1pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-weight: bold;">Year </span></div> <div style="margin-left: 1pt; margin-right: 1pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-weight: bold;">Ended</span></div> <div style="margin-left: 1pt; margin-right: 1pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-weight: bold;">May 31, </span></div> <div style="margin-left: 1pt; margin-right: 1pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-weight: bold;">2018</span></div> </div> </td>
<td style="border-bottom: 0.5pt solid #000000; vertical-align: Bottom; width: 48.91pt;"> <div style="line-height: 13.02pt; text-align: left;"> <div style="margin-left: 1pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-weight: bold;">For the </span></div> <div style="margin-left: 1pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-weight: bold;">Year </span></div> <div style="margin-left: 1pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-weight: bold;">Ended</span></div> <div style="margin-left: 1pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-weight: bold;">May 31, </span></div> <div style="margin-left: 1pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-weight: bold;">2017</span></div> </div> </td> </tr>
<tr style="height: 13.7pt;">
<td style="background-color: #adfffc; vertical-align: Bottom; width: 259.45pt;"> <div style="line-height: 10pt; text-align: left;"> <div style="margin-right: 3pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">Net asset value, beginning of period</span></div> </div> </td>
<td style="background-color: #adfffc; border-bottom: 0.5pt solid #000000; vertical-align: Bottom; width: 51.91pt;"> <div style="line-height: 11.0pt; text-align: left;"> <div style="margin-left: 3.00pt; margin-right: 3.00pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">$</span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 10.02pt;">15.29</span></div> </div> </td>
<td style="background-color: #adfffc; border-bottom: 0.5pt solid #000000; vertical-align: Bottom; width: 51.91pt;"> <div style="line-height: 11.0pt; text-align: left;"> <div style="margin-left: 3.00pt; margin-right: 3.00pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">$</span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 10.02pt;">17.91</span></div> </div> </td>
<td style="background-color: #adfffc; border-bottom: 0.5pt solid #000000; vertical-align: Bottom; width: 51.91pt;"> <div style="line-height: 11.0pt; text-align: left;"> <div style="margin-left: 3.00pt; margin-right: 3.00pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">$</span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 10.02pt;">19.12</span></div> </div> </td>
<td style="background-color: #adfffc; border-bottom: 0.5pt solid #000000; vertical-align: Bottom; width: 51.91pt;"> <div style="line-height: 11.0pt; text-align: left;"> <div style="margin-left: 3.00pt; margin-right: 3.00pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">$</span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 10.02pt;">19.78</span></div> </div> </td>
<td style="background-color: #adfffc; border-bottom: 0.5pt solid #000000; vertical-align: Bottom; width: 48.91pt;"> <div style="line-height: 11.0pt; text-align: left;"> <div style="margin-left: 1pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">$</span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 10.02pt;">17.50</span></div> </div> </td> </tr>
<tr style="height: 11.35pt;">
<td style="vertical-align: Bottom; width: 259.45pt;"> <div style="line-height: 10pt; text-align: left;"> <div style="margin-right: 3pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-weight: bold; margin-left: 0.0pt;">Income from investment operations</span></div> </div> </td>
<td style="vertical-align: Bottom; width: 51.91pt;"> <div style="line-height: 0.5pt; text-align: left;"> <div style="margin-left: 3.00pt; margin-right: 3.00pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">&#160;</span></div> </div> </td>
<td style="vertical-align: Bottom; width: 51.91pt;"> <div style="line-height: 0.5pt; text-align: left;"> <div style="margin-left: 3.00pt; margin-right: 3.00pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">&#160;</span></div> </div> </td>
<td style="vertical-align: Bottom; width: 51.91pt;"> <div style="line-height: 0.5pt; text-align: left;"> <div style="margin-left: 3.00pt; margin-right: 3.00pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">&#160;</span></div> </div> </td>
<td style="vertical-align: Bottom; width: 51.91pt;"> <div style="line-height: 0.5pt; text-align: left;"> <div style="margin-left: 3.00pt; margin-right: 3.00pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">&#160;</span></div> </div> </td>
<td style="vertical-align: Bottom; width: 48.91pt;"> <div style="line-height: 0.5pt; text-align: left;"> <div style="margin-left: 1pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">&#160;</span></div> </div> </td> </tr>
<tr style="height: 13pt;">
<td style="background-color: #adfffc; vertical-align: Bottom; width: 259.45pt;"> <div style="line-height: 10pt; text-align: left;"> <div style="margin-right: 3pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 10pt;">Net investment income</span><span style="color: #000000; font-family: times new roman; font-size: 6.5pt; margin-left: 0.0pt; position: relative; top: -2pt;">(a)</span> <div style="clear: right;"></div> </div> </div> </td>
<td style="background-color: #adfffc; vertical-align: Bottom; width: 51.91pt;"> <div style="line-height: 10pt; text-align: left;"> <div style="margin-left: 3.00pt; margin-right: 3.00pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 20.03pt;">0.95</span></div> </div> </td>
<td style="background-color: #adfffc; vertical-align: Bottom; width: 51.91pt;"> <div style="line-height: 10pt; text-align: left;"> <div style="margin-left: 3.00pt; margin-right: 3.00pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 20.03pt;">0.89</span></div> </div> </td>
<td style="background-color: #adfffc; vertical-align: Bottom; width: 51.91pt;"> <div style="line-height: 10pt; text-align: left;"> <div style="margin-left: 3.00pt; margin-right: 3.00pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 20.03pt;">0.97</span></div> </div> </td>
<td style="background-color: #adfffc; vertical-align: Bottom; width: 51.91pt;"> <div style="line-height: 10pt; text-align: left;"> <div style="margin-left: 3.00pt; margin-right: 3.00pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 20.03pt;">1.23</span></div> </div> </td>
<td style="background-color: #adfffc; vertical-align: Bottom; width: 48.91pt;"> <div style="line-height: 10pt; text-align: left;"> <div style="margin-left: 1pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 20.03pt;">1.61</span></div> </div> </td> </tr>
<tr style="height: 15.35pt;">
<td style="vertical-align: Bottom; width: 259.45pt;"> <div style="line-height: 10pt; text-align: left;"> <div style="margin-right: 3pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 10pt;">Net gain (loss) on investments (realized and unrealized)</span></div> </div> </td>
<td style="border-bottom: 0.5pt solid #000000; vertical-align: Bottom; width: 51.91pt;"> <div style="line-height: 11.0pt; text-align: left;"> <div style="margin-left: 3.00pt; margin-right: 3.00pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 20.03pt;">3.00</span></div> </div> </td>
<td style="border-bottom: 0.5pt solid #000000; vertical-align: Bottom; width: 51.91pt;"> <div style="line-height: 11.0pt; text-align: left;"> <div style="margin-left: 3.00pt; margin-right: 3.00pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 13.36pt; margin-right: -2.5pt;">(1.32)</span></div> </div> </td>
<td style="border-bottom: 0.5pt solid #000000; vertical-align: Bottom; width: 51.91pt;"> <div style="line-height: 11.0pt; text-align: left;"> <div style="margin-left: 3.00pt; margin-right: 3.00pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 20.03pt;">0.01</span></div> </div> </td>
<td style="border-bottom: 0.5pt solid #000000; vertical-align: Bottom; width: 51.91pt;"> <div style="line-height: 11.0pt; text-align: left;"> <div style="margin-left: 3.00pt; margin-right: 3.00pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 20.03pt;">0.30</span></div> </div> </td>
<td style="border-bottom: 0.5pt solid #000000; vertical-align: Bottom; width: 48.91pt;"> <div style="line-height: 11.0pt; text-align: left;"> <div style="margin-left: 1pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 20.03pt;">2.86</span></div> </div> </td> </tr>
<tr style="height: 13.7pt;">
<td style="background-color: #adfffc; vertical-align: Bottom; width: 259.45pt;"> <div style="line-height: 10pt; text-align: left;"> <div style="margin-right: 3pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">Total from investment operations</span></div> </div> </td>
<td style="background-color: #adfffc; border-bottom: 0.5pt solid #000000; vertical-align: Bottom; width: 51.91pt;"> <div style="line-height: 11.0pt; text-align: left;"> <div style="margin-left: 3.00pt; margin-right: 3.00pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 20.03pt;">3.95</span></div> </div> </td>
<td style="background-color: #adfffc; border-bottom: 0.5pt solid #000000; vertical-align: Bottom; width: 51.91pt;"> <div style="line-height: 11.0pt; text-align: left;"> <div style="margin-left: 3.00pt; margin-right: 3.00pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 13.36pt; margin-right: -2.5pt;">(0.43)</span></div> </div> </td>
<td style="background-color: #adfffc; border-bottom: 0.5pt solid #000000; vertical-align: Bottom; width: 51.91pt;"> <div style="line-height: 11.0pt; text-align: left;"> <div style="margin-left: 3.00pt; margin-right: 3.00pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 20.03pt;">0.98</span></div> </div> </td>
<td style="background-color: #adfffc; border-bottom: 0.5pt solid #000000; vertical-align: Bottom; width: 51.91pt;"> <div style="line-height: 11.0pt; text-align: left;"> <div style="margin-left: 3.00pt; margin-right: 3.00pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 20.03pt;">1.53</span></div> </div> </td>
<td style="background-color: #adfffc; border-bottom: 0.5pt solid #000000; vertical-align: Bottom; width: 48.91pt;"> <div style="line-height: 11.0pt; text-align: left;"> <div style="margin-left: 1pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 20.03pt;">4.47</span></div> </div> </td> </tr>
<tr style="height: 11.35pt;">
<td style="vertical-align: Bottom; width: 259.45pt;"> <div style="line-height: 10pt; text-align: left;"> <div style="margin-right: 3pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-weight: bold; margin-left: 0.0pt;">Distributions to Common Shareholders</span></div> </div> </td>
<td style="vertical-align: Bottom; width: 51.91pt;"> <div style="line-height: 0.5pt; text-align: left;"> <div style="margin-left: 3.00pt; margin-right: 3.00pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">&#160;</span></div> </div> </td>
<td style="vertical-align: Bottom; width: 51.91pt;"> <div style="line-height: 0.5pt; text-align: left;"> <div style="margin-left: 3.00pt; margin-right: 3.00pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">&#160;</span></div> </div> </td>
<td style="vertical-align: Bottom; width: 51.91pt;"> <div style="line-height: 0.5pt; text-align: left;"> <div style="margin-left: 3.00pt; margin-right: 3.00pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">&#160;</span></div> </div> </td>
<td style="vertical-align: Bottom; width: 51.91pt;"> <div style="line-height: 0.5pt; text-align: left;"> <div style="margin-left: 3.00pt; margin-right: 3.00pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">&#160;</span></div> </div> </td>
<td style="vertical-align: Bottom; width: 48.91pt;"> <div style="line-height: 0.5pt; text-align: left;"> <div style="margin-left: 1pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">&#160;</span></div> </div> </td> </tr>
<tr style="height: 13pt;">
<td style="background-color: #adfffc; vertical-align: Bottom; width: 259.45pt;"> <div style="line-height: 10pt; text-align: left;"> <div style="margin-right: 3pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 10pt;">From and in excess of net investment income</span></div> </div> </td>
<td style="background-color: #adfffc; vertical-align: Bottom; width: 51.91pt;"> <div style="line-height: 10pt; text-align: left;"> <div style="margin-left: 3.00pt; margin-right: 3.00pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 13.36pt; margin-right: -2.5pt;">(0.97)</span></div> </div> </td>
<td style="background-color: #adfffc; vertical-align: Bottom; width: 51.91pt;"> <div style="line-height: 10pt; text-align: left;"> <div style="margin-left: 3.00pt; margin-right: 3.00pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 13.36pt; margin-right: -2.5pt;">(0.86)</span></div> </div> </td>
<td style="background-color: #adfffc; vertical-align: Bottom; width: 51.91pt;"> <div style="line-height: 10pt; text-align: left;"> <div style="margin-left: 3.00pt; margin-right: 3.00pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 13.36pt; margin-right: -2.5pt;">(1.12)</span></div> </div> </td>
<td style="background-color: #adfffc; vertical-align: Bottom; width: 51.91pt;"> <div style="line-height: 10pt; text-align: left;"> <div style="margin-left: 3.00pt; margin-right: 3.00pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 13.36pt; margin-right: -2.5pt;">(2.01)</span></div> </div> </td>
<td style="background-color: #adfffc; vertical-align: Bottom; width: 48.91pt;"> <div style="line-height: 10pt; text-align: left;"> <div style="margin-left: 1pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 13.36pt; margin-right: -2.5pt;">(2.18)</span></div> </div> </td> </tr>
<tr style="height: 13pt;">
<td style="vertical-align: Bottom; width: 259.45pt;"> <div style="line-height: 10pt; text-align: left;"> <div style="margin-right: 3pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 10pt;">Return of capital</span></div> </div> </td>
<td style="vertical-align: Bottom; width: 51.91pt;"> <div style="line-height: 10pt; text-align: left;"> <div style="margin-left: 3.00pt; margin-right: 3.00pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 13.36pt; margin-right: -2.5pt;">(1.22)</span></div> </div> </td>
<td style="vertical-align: Bottom; width: 51.91pt;"> <div style="line-height: 10pt; text-align: left;"> <div style="margin-left: 3.00pt; margin-right: 3.00pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 13.36pt; margin-right: -2.5pt;">(1.33)</span></div> </div> </td>
<td style="vertical-align: Bottom; width: 51.91pt;"> <div style="line-height: 10pt; text-align: left;"> <div style="margin-left: 3.00pt; margin-right: 3.00pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 13.36pt; margin-right: -2.5pt;">(0.91)</span></div> </div> </td>
<td style="vertical-align: Bottom; width: 51.91pt;"> <div style="line-height: 10pt; text-align: left;"> <div style="margin-left: 3.00pt; margin-right: 3.00pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 27.54pt;">&#8212;</span></div> </div> </td>
<td style="vertical-align: Bottom; width: 48.91pt;"> <div style="line-height: 10pt; text-align: left;"> <div style="margin-left: 1pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 27.54pt;">&#8212;</span></div> </div> </td> </tr>
<tr style="height: 15.35pt;">
<td style="background-color: #adfffc; vertical-align: Bottom; width: 259.45pt;"> <div style="line-height: 10pt; text-align: left;"> <div style="margin-right: 3pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 10pt;">Capital gains</span></div> </div> </td>
<td style="background-color: #adfffc; border-bottom: 0.5pt solid #000000; vertical-align: Bottom; width: 51.91pt;"> <div style="line-height: 11.0pt; text-align: left;"> <div style="margin-left: 3.00pt; margin-right: 3.00pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 27.54pt;">&#8212;</span></div> </div> </td>
<td style="background-color: #adfffc; border-bottom: 0.5pt solid #000000; vertical-align: Bottom; width: 51.91pt;"> <div style="line-height: 11.0pt; text-align: left;"> <div style="margin-left: 3.00pt; margin-right: 3.00pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 27.54pt;">&#8212;</span></div> </div> </td>
<td style="background-color: #adfffc; border-bottom: 0.5pt solid #000000; vertical-align: Bottom; width: 51.91pt;"> <div style="line-height: 11.0pt; text-align: left;"> <div style="margin-left: 3.00pt; margin-right: 3.00pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 13.36pt; margin-right: -2.5pt;">(0.16)</span></div> </div> </td>
<td style="background-color: #adfffc; border-bottom: 0.5pt solid #000000; vertical-align: Bottom; width: 51.91pt;"> <div style="line-height: 11.0pt; text-align: left;"> <div style="margin-left: 3.00pt; margin-right: 3.00pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 13.36pt; margin-right: -2.5pt;">(0.18)</span></div> </div> </td>
<td style="background-color: #adfffc; border-bottom: 0.5pt solid #000000; vertical-align: Bottom; width: 48.91pt;"> <div style="line-height: 11.0pt; text-align: left;"> <div style="margin-left: 1pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 13.36pt; margin-right: -2.5pt;">(0.01)</span></div> </div> </td> </tr>
<tr style="height: 13.7pt;">
<td style="vertical-align: Bottom; width: 259.45pt;"> <div style="line-height: 10pt; text-align: left;"> <div style="margin-right: 3pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">Total distributions</span></div> </div> </td>
<td style="border-bottom: 0.5pt solid #000000; vertical-align: Bottom; width: 51.91pt;"> <div style="line-height: 11.0pt; text-align: left;"> <div style="margin-left: 3.00pt; margin-right: 3.00pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 13.36pt; margin-right: -2.5pt;">(2.19)</span></div> </div> </td>
<td style="border-bottom: 0.5pt solid #000000; vertical-align: Bottom; width: 51.91pt;"> <div style="line-height: 11.0pt; text-align: left;"> <div style="margin-left: 3.00pt; margin-right: 3.00pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 13.36pt; margin-right: -2.5pt;">(2.19)</span></div> </div> </td>
<td style="border-bottom: 0.5pt solid #000000; vertical-align: Bottom; width: 51.91pt;"> <div style="line-height: 11.0pt; text-align: left;"> <div style="margin-left: 3.00pt; margin-right: 3.00pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 13.36pt; margin-right: -2.5pt;">(2.19)</span></div> </div> </td>
<td style="border-bottom: 0.5pt solid #000000; vertical-align: Bottom; width: 51.91pt;"> <div style="line-height: 11.0pt; text-align: left;"> <div style="margin-left: 3.00pt; margin-right: 3.00pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 13.36pt; margin-right: -2.5pt;">(2.19)</span></div> </div> </td>
<td style="border-bottom: 0.5pt solid #000000; vertical-align: Bottom; width: 48.91pt;"> <div style="line-height: 11.0pt; text-align: left;"> <div style="margin-left: 1pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 13.36pt; margin-right: -2.5pt;">(2.19)</span></div> </div> </td> </tr>
<tr style="height: 13.7pt;">
<td style="background-color: #adfffc; vertical-align: Bottom; width: 259.45pt;"> <div style="line-height: 10pt; text-align: left;"> <div style="margin-right: 3pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">Net asset value, end of period</span></div> </div> </td>
<td style="background-color: #adfffc; border-bottom: 0.5pt solid #000000; vertical-align: Bottom; width: 51.91pt;"> <div style="line-height: 11.0pt; text-align: left;"> <div style="margin-left: 3.00pt; margin-right: 3.00pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">$</span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 10.02pt;">17.05</span></div> </div> </td>
<td style="background-color: #adfffc; border-bottom: 0.5pt solid #000000; vertical-align: Bottom; width: 51.91pt;"> <div style="line-height: 11.0pt; text-align: left;"> <div style="margin-left: 3.00pt; margin-right: 3.00pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">$</span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 10.02pt;">15.29</span></div> </div> </td>
<td style="background-color: #adfffc; border-bottom: 0.5pt solid #000000; vertical-align: Bottom; width: 51.91pt;"> <div style="line-height: 11.0pt; text-align: left;"> <div style="margin-left: 3.00pt; margin-right: 3.00pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 15.03pt;">17.91</span></div> </div> </td>
<td style="background-color: #adfffc; border-bottom: 0.5pt solid #000000; vertical-align: Bottom; width: 51.91pt;"> <div style="line-height: 11.0pt; text-align: left;"> <div style="margin-left: 3.00pt; margin-right: 3.00pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 15.03pt;">19.12</span></div> </div> </td>
<td style="background-color: #adfffc; border-bottom: 0.5pt solid #000000; vertical-align: Bottom; width: 48.91pt;"> <div style="line-height: 11.0pt; text-align: left;"> <div style="margin-left: 1pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 15.03pt;">19.78</span></div> </div> </td> </tr>
<tr style="height: 13.7pt;">
<td style="vertical-align: Bottom; width: 259.45pt;"> <div style="line-height: 10pt; text-align: left;"> <div style="margin-right: 3pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">Market value, end of period</span></div> </div> </td>
<td style="border-bottom: 0.5pt solid #000000; vertical-align: Bottom; width: 51.91pt;"> <div style="line-height: 11.0pt; text-align: left;"> <div style="margin-left: 3.00pt; margin-right: 3.00pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">$</span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 10.02pt;">20.90</span></div> </div> </td>
<td style="border-bottom: 0.5pt solid #000000; vertical-align: Bottom; width: 51.91pt;"> <div style="line-height: 11.0pt; text-align: left;"> <div style="margin-left: 3.00pt; margin-right: 3.00pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">$</span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 10.02pt;">16.20</span></div> </div> </td>
<td style="border-bottom: 0.5pt solid #000000; vertical-align: Bottom; width: 51.91pt;"> <div style="line-height: 11.0pt; text-align: left;"> <div style="margin-left: 3.00pt; margin-right: 3.00pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 15.03pt;">19.96</span></div> </div> </td>
<td style="border-bottom: 0.5pt solid #000000; vertical-align: Bottom; width: 51.91pt;"> <div style="line-height: 11.0pt; text-align: left;"> <div style="margin-left: 3.00pt; margin-right: 3.00pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 15.03pt;">21.29</span></div> </div> </td>
<td style="border-bottom: 0.5pt solid #000000; vertical-align: Bottom; width: 48.91pt;"> <div style="line-height: 11.0pt; text-align: left;"> <div style="margin-left: 1pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 15.03pt;">20.94</span></div> </div> </td> </tr>
<tr style="height: 11.35pt;">
<td style="background-color: #adfffc; vertical-align: Bottom; width: 259.45pt;"> <div style="line-height: 10pt; text-align: left;"> <div style="margin-right: 3pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-weight: bold; margin-left: 0.0pt;">Total investment return</span><span style="color: #000000; font-family: times new roman; font-size: 6.5pt; font-weight: bold; margin-left: 0.0pt; position: relative; top: -2pt;">(b)</span></div> </div> </td>
<td style="background-color: #adfffc; vertical-align: Bottom; width: 51.91pt;"> <div style="line-height: 0.5pt; text-align: left;"> <div style="margin-left: 3.00pt; margin-right: 3.00pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">&#160;</span></div> </div> </td>
<td style="background-color: #adfffc; vertical-align: Bottom; width: 51.91pt;"> <div style="line-height: 0.5pt; text-align: left;"> <div style="margin-left: 3.00pt; margin-right: 3.00pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">&#160;</span></div> </div> </td>
<td style="background-color: #adfffc; vertical-align: Bottom; width: 51.91pt;"> <div style="line-height: 0.5pt; text-align: left;"> <div style="margin-left: 3.00pt; margin-right: 3.00pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">&#160;</span></div> </div> </td>
<td style="background-color: #adfffc; vertical-align: Bottom; width: 51.91pt;"> <div style="line-height: 0.5pt; text-align: left;"> <div style="margin-left: 3.00pt; margin-right: 3.00pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">&#160;</span></div> </div> </td>
<td style="background-color: #adfffc; vertical-align: Bottom; width: 48.91pt;"> <div style="line-height: 0.5pt; text-align: left;"> <div style="margin-left: 1pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">&#160;</span></div> </div> </td> </tr>
<tr style="height: 13pt;">
<td style="vertical-align: Bottom; width: 259.45pt;"> <div style="line-height: 10pt; text-align: left;"> <div style="margin-right: 3pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 10pt;">Net asset value</span></div> </div> </td>
<td style="vertical-align: Bottom; width: 51.91pt;"> <div style="line-height: 10pt; text-align: left;"> <div style="margin-left: 3.00pt; margin-right: 3.00pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 15.03pt;">27.20%</span></div> </div> </td>
<td style="vertical-align: Bottom; width: 51.91pt;"> <div style="line-height: 10pt; text-align: left;"> <div style="margin-left: 3.00pt; margin-right: 3.00pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 13.36pt; margin-right: -2.5pt;">(2.79)%</span></div> </div> </td>
<td style="vertical-align: Bottom; width: 51.91pt;"> <div style="line-height: 10pt; text-align: left;"> <div style="margin-left: 3.00pt; margin-right: 3.00pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 20.03pt;">5.43%</span></div> </div> </td>
<td style="vertical-align: Bottom; width: 51.91pt;"> <div style="line-height: 10pt; text-align: left;"> <div style="margin-left: 3.00pt; margin-right: 3.00pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 20.03pt;">8.02%</span></div> </div> </td>
<td style="vertical-align: Bottom; width: 48.91pt;"> <div style="line-height: 10pt; text-align: left;"> <div style="margin-left: 1pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 15.03pt;">26.76%</span></div> </div> </td> </tr>
<tr style="height: 13pt;">
<td style="background-color: #adfffc; vertical-align: Bottom; width: 259.45pt;"> <div style="line-height: 10pt; text-align: left;"> <div style="margin-right: 3pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 10pt;">Market value</span></div> </div> </td>
<td style="background-color: #adfffc; vertical-align: Bottom; width: 51.91pt;"> <div style="line-height: 10pt; text-align: left;"> <div style="margin-left: 3.00pt; margin-right: 3.00pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 15.03pt;">45.59%</span></div> </div> </td>
<td style="background-color: #adfffc; vertical-align: Bottom; width: 51.91pt;"> <div style="line-height: 10pt; text-align: left;"> <div style="margin-left: 3.00pt; margin-right: 3.00pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 13.36pt; margin-right: -2.5pt;">(7.96)%</span></div> </div> </td>
<td style="background-color: #adfffc; vertical-align: Bottom; width: 51.91pt;"> <div style="line-height: 10pt; text-align: left;"> <div style="margin-left: 3.00pt; margin-right: 3.00pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 20.03pt;">4.94%</span></div> </div> </td>
<td style="background-color: #adfffc; vertical-align: Bottom; width: 51.91pt;"> <div style="line-height: 10pt; text-align: left;"> <div style="margin-left: 3.00pt; margin-right: 3.00pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 15.03pt;">13.31%</span></div> </div> </td>
<td style="background-color: #adfffc; vertical-align: Bottom; width: 48.91pt;"> <div style="line-height: 10pt; text-align: left;"> <div style="margin-left: 1pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 15.03pt;">33.33%</span></div> </div> </td> </tr>
<tr style="height: 13pt;">
<td style="vertical-align: Bottom; width: 259.45pt;"> <div style="line-height: 10pt; text-align: left;"> <div style="margin-right: 3pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-weight: bold; margin-left: 0.0pt;">Ratios and supplemental data</span></div> </div> </td>
<td style="vertical-align: Bottom; width: 51.91pt;"> <div style="line-height: 0.5pt; text-align: left;"> <div style="margin-left: 3.00pt; margin-right: 3.00pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">&#160;</span></div> </div> </td>
<td style="vertical-align: Bottom; width: 51.91pt;"> <div style="line-height: 0.5pt; text-align: left;"> <div style="margin-left: 3.00pt; margin-right: 3.00pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">&#160;</span></div> </div> </td>
<td style="vertical-align: Bottom; width: 51.91pt;"> <div style="line-height: 0.5pt; text-align: left;"> <div style="margin-left: 3.00pt; margin-right: 3.00pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">&#160;</span></div> </div> </td>
<td style="vertical-align: Bottom; width: 51.91pt;"> <div style="line-height: 0.5pt; text-align: left;"> <div style="margin-left: 3.00pt; margin-right: 3.00pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">&#160;</span></div> </div> </td>
<td style="vertical-align: Bottom; width: 48.91pt;"> <div style="line-height: 0.5pt; text-align: left;"> <div style="margin-left: 1pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">&#160;</span></div> </div> </td> </tr>
<tr style="height: 13pt;">
<td style="background-color: #adfffc; vertical-align: Bottom; width: 259.45pt;"> <div style="line-height: 10pt; text-align: left;"> <div style="margin-right: 3pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">Net assets, end of period (in thousands)</span></div> </div> </td>
<td style="background-color: #adfffc; vertical-align: Bottom; width: 51.91pt;"> <div style="line-height: 10pt; text-align: left;"> <div style="margin-left: 3.00pt; margin-right: 3.00pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">$</span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">878,041</span></div> </div> </td>
<td style="background-color: #adfffc; vertical-align: Bottom; width: 51.91pt;"> <div style="line-height: 10pt; text-align: left;"> <div style="margin-left: 3.00pt; margin-right: 3.00pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">$</span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">648,892</span></div> </div> </td>
<td style="background-color: #adfffc; vertical-align: Bottom; width: 51.91pt;"> <div style="line-height: 10pt; text-align: left;"> <div style="margin-left: 3.00pt; margin-right: 3.00pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">$</span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">641,825</span></div> </div> </td>
<td style="background-color: #adfffc; vertical-align: Bottom; width: 51.91pt;"> <div style="line-height: 10pt; text-align: left;"> <div style="margin-left: 3.00pt; margin-right: 3.00pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">$</span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">530,250</span></div> </div> </td>
<td style="background-color: #adfffc; vertical-align: Bottom; width: 48.91pt;"> <div style="line-height: 10pt; text-align: left;"> <div style="margin-left: 1pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">$</span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">410,465</span></div> </div> </td> </tr>
<tr style="height: 13pt;">
<td style="vertical-align: Bottom; width: 259.45pt;"> <div style="line-height: 10pt; text-align: left;"> <div style="margin-right: 3pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">Ratios to average net assets applicable to Common&#160;Shares:</span></div> </div> </td>
<td style="vertical-align: Bottom; width: 51.91pt;"> <div style="line-height: 0.5pt; text-align: left;"> <div style="margin-left: 3.00pt; margin-right: 3.00pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">&#160;</span></div> </div> </td>
<td style="vertical-align: Bottom; width: 51.91pt;"> <div style="line-height: 0.5pt; text-align: left;"> <div style="margin-left: 3.00pt; margin-right: 3.00pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">&#160;</span></div> </div> </td>
<td style="vertical-align: Bottom; width: 51.91pt;"> <div style="line-height: 0.5pt; text-align: left;"> <div style="margin-left: 3.00pt; margin-right: 3.00pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">&#160;</span></div> </div> </td>
<td style="vertical-align: Bottom; width: 51.91pt;"> <div style="line-height: 0.5pt; text-align: left;"> <div style="margin-left: 3.00pt; margin-right: 3.00pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">&#160;</span></div> </div> </td>
<td style="vertical-align: Bottom; width: 48.91pt;"> <div style="line-height: 0.5pt; text-align: left;"> <div style="margin-left: 1pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">&#160;</span></div> </div> </td> </tr>
<tr style="height: 13pt;">
<td style="background-color: #adfffc; vertical-align: Bottom; width: 259.45pt;"> <div style="line-height: 10pt; text-align: left;"> <div style="margin-right: 3pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 10pt;">Total expenses, including interest expense</span><span style="color: #000000; font-family: times new roman; font-size: 6.5pt; margin-left: 0.0pt; position: relative; top: -2pt;">(c), (d)</span> <div style="clear: right;"></div> </div> </div> </td>
<td style="background-color: #adfffc; vertical-align: Bottom; width: 51.91pt;"> <div style="line-height: 10pt; text-align: left;"> <div style="margin-left: 3.00pt; margin-right: 3.00pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 20.03pt;">1.83%</span></div> </div> </td>
<td style="background-color: #adfffc; vertical-align: Bottom; width: 51.91pt;"> <div style="line-height: 10pt; text-align: left;"> <div style="margin-left: 3.00pt; margin-right: 3.00pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 20.03pt;">1.21%</span></div> </div> </td>
<td style="background-color: #adfffc; vertical-align: Bottom; width: 51.91pt;"> <div style="line-height: 10pt; text-align: left;"> <div style="margin-left: 3.00pt; margin-right: 3.00pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 20.03pt;">1.17%</span></div> </div> </td>
<td style="background-color: #adfffc; vertical-align: Bottom; width: 51.91pt;"> <div style="line-height: 10pt; text-align: left;"> <div style="margin-left: 3.00pt; margin-right: 3.00pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 20.03pt;">1.52%</span></div> </div> </td>
<td style="background-color: #adfffc; vertical-align: Bottom; width: 48.91pt;"> <div style="line-height: 10pt; text-align: left;"> <div style="margin-left: 1pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 20.03pt;">2.35%</span></div> </div> </td> </tr>
<tr style="height: 13pt;">
<td style="vertical-align: Bottom; width: 259.45pt;"> <div style="line-height: 10pt; text-align: left;"> <div style="margin-right: 3pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 10pt;">Net investment income, including interest expense</span></div> </div> </td>
<td style="vertical-align: Bottom; width: 51.91pt;"> <div style="line-height: 10pt; text-align: left;"> <div style="margin-left: 3.00pt; margin-right: 3.00pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 20.03pt;">5.72%</span></div> </div> </td>
<td style="vertical-align: Bottom; width: 51.91pt;"> <div style="line-height: 10pt; text-align: left;"> <div style="margin-left: 3.00pt; margin-right: 3.00pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 20.03pt;">5.29%</span></div> </div> </td>
<td style="vertical-align: Bottom; width: 51.91pt;"> <div style="line-height: 10pt; text-align: left;"> <div style="margin-left: 3.00pt; margin-right: 3.00pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 20.03pt;">5.26%</span></div> </div> </td>
<td style="vertical-align: Bottom; width: 51.91pt;"> <div style="line-height: 10pt; text-align: left;"> <div style="margin-left: 3.00pt; margin-right: 3.00pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 20.03pt;">6.27%</span></div> </div> </td>
<td style="vertical-align: Bottom; width: 48.91pt;"> <div style="line-height: 10pt; text-align: left;"> <div style="margin-left: 1pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 20.03pt;">8.55%</span></div> </div> </td> </tr>
<tr style="height: 13pt;">
<td style="background-color: #adfffc; vertical-align: Bottom; width: 259.45pt;"> <div style="line-height: 10pt; text-align: left;"> <div style="margin-right: 3pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">Portfolio turnover</span></div> </div> </td>
<td style="background-color: #adfffc; vertical-align: Bottom; width: 51.91pt;"> <div style="line-height: 10pt; text-align: left;"> <div style="margin-left: 3.00pt; margin-right: 3.00pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 27.55pt;">64%</span></div> </div> </td>
<td style="background-color: #adfffc; vertical-align: Bottom; width: 51.91pt;"> <div style="line-height: 10pt; text-align: left;"> <div style="margin-left: 3.00pt; margin-right: 3.00pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 27.55pt;">41%</span></div> </div> </td>
<td style="background-color: #adfffc; vertical-align: Bottom; width: 51.91pt;"> <div style="line-height: 10pt; text-align: left;"> <div style="margin-left: 3.00pt; margin-right: 3.00pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 27.55pt;">38%</span></div> </div> </td>
<td style="background-color: #adfffc; vertical-align: Bottom; width: 51.91pt;"> <div style="line-height: 10pt; text-align: left;"> <div style="margin-left: 3.00pt; margin-right: 3.00pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 27.55pt;">48%</span></div> </div> </td>
<td style="background-color: #adfffc; vertical-align: Bottom; width: 48.91pt;"> <div style="line-height: 10pt; text-align: left;"> <div style="margin-left: 1pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 27.55pt;">41%</span></div> </div> </td> </tr>
<tr style="height: 13pt;">
<td style="vertical-align: Bottom; width: 259.45pt;"> <div style="line-height: 10pt; text-align: left;"> <div style="margin-right: 3pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">Senior Indebtedness</span></div> </div> </td>
<td style="vertical-align: Bottom; width: 51.91pt;"> <div style="line-height: 0.5pt; text-align: left;"> <div style="margin-left: 3.00pt; margin-right: 3.00pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">&#160;</span></div> </div> </td>
<td style="vertical-align: Bottom; width: 51.91pt;"> <div style="line-height: 0.5pt; text-align: left;"> <div style="margin-left: 3.00pt; margin-right: 3.00pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">&#160;</span></div> </div> </td>
<td style="vertical-align: Bottom; width: 51.91pt;"> <div style="line-height: 0.5pt; text-align: left;"> <div style="margin-left: 3.00pt; margin-right: 3.00pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">&#160;</span></div> </div> </td>
<td style="vertical-align: Bottom; width: 51.91pt;"> <div style="line-height: 0.5pt; text-align: left;"> <div style="margin-left: 3.00pt; margin-right: 3.00pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">&#160;</span></div> </div> </td>
<td style="vertical-align: Bottom; width: 48.91pt;"> <div style="line-height: 0.5pt; text-align: left;"> <div style="margin-left: 1pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">&#160;</span></div> </div> </td> </tr>
<tr style="height: 13pt;">
<td style="background-color: #adfffc; vertical-align: Bottom; width: 259.45pt;"> <div style="line-height: 10pt; text-align: left;"> <div style="margin-right: 3pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 10pt;">Borrowings &#8211; committed facility agreement (in thousands)</span></div> </div> </td>
<td style="background-color: #adfffc; vertical-align: Bottom; width: 51.91pt;"> <div style="line-height: 10pt; text-align: left;"> <div style="margin-left: 3.00pt; margin-right: 3.00pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">$</span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 5.01pt;">38,501</span></div> </div> </td>
<td style="background-color: #adfffc; vertical-align: Bottom; width: 51.91pt;"> <div style="line-height: 10pt; text-align: left;"> <div style="margin-left: 3.00pt; margin-right: 3.00pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">$</span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 5.01pt;">19,300</span></div> </div> </td>
<td style="background-color: #adfffc; vertical-align: Bottom; width: 51.91pt;"> <div style="line-height: 10pt; text-align: left;"> <div style="margin-left: 3.00pt; margin-right: 3.00pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 20.31pt;">N/A</span></div> </div> </td>
<td style="background-color: #adfffc; vertical-align: Bottom; width: 51.91pt;"> <div style="line-height: 10pt; text-align: left;"> <div style="margin-left: 3.00pt; margin-right: 3.00pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 20.31pt;">N/A</span></div> </div> </td>
<td style="background-color: #adfffc; vertical-align: Bottom; width: 48.91pt;"> <div style="line-height: 10pt; text-align: left;"> <div style="margin-left: 1pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">$</span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 5.01pt;">16,705</span></div> </div> </td> </tr>
<tr style="height: 9pt;">
<td style="vertical-align: Bottom; width: 259.45pt;"> <div style="line-height: 10pt; text-align: left;"> <div style="margin-right: 3pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 10pt;">Asset coverage per $1,000 of borrowings</span><span style="color: #000000; font-family: times new roman; font-size: 6.5pt; margin-left: 0.0pt; position: relative; top: -2pt;">(e)</span> <div style="clear: right;"></div> </div> </div> </td>
<td style="vertical-align: Bottom; width: 51.91pt;"> <div style="line-height: 10pt; text-align: left;"> <div style="margin-left: 3.00pt; margin-right: 3.00pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">$</span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 5.01pt;">23,806</span></div> </div> </td>
<td style="vertical-align: Bottom; width: 51.91pt;"> <div style="line-height: 10pt; text-align: left;"> <div style="margin-left: 3.00pt; margin-right: 3.00pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">$</span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 5.01pt;">34,621</span></div> </div> </td>
<td style="vertical-align: Bottom; width: 51.91pt;"> <div style="line-height: 10pt; text-align: left;"> <div style="margin-left: 3.00pt; margin-right: 3.00pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 20.31pt;">N/A</span></div> </div> </td>
<td style="vertical-align: Bottom; width: 51.91pt;"> <div style="line-height: 10pt; text-align: left;"> <div style="margin-left: 3.00pt; margin-right: 3.00pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 20.31pt;">N/A</span></div> </div> </td>
<td style="vertical-align: Bottom; width: 48.91pt;"> <div style="line-height: 10pt; text-align: left;"> <div style="margin-left: 1pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">$</span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 5.01pt;">25,571</span></div> </div> </td> </tr> </table> </div> <div style="line-height: 12.02pt; margin-top: 10pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-style: italic;">(footnotes on following page)</span><span style="color: #000000; font-family: times new roman; font-size: 1pt; line-height: 1pt;">&#8195;</span></div> </div> <div style="clear: both;"></div> <div style="float: left; margin-left: 39pt; margin-top: 12pt; width: 516pt; min-height: 12pt;"> <div style="line-height: 10.02pt; text-align: center;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; line-height: 10.02pt; margin-left: 0%;">43</span></div> </div> </div> </div> <div style="float: left; margin-bottom: 5.0pt; width: 100%;"></div> <hr style="clear: both; margin: 40.0pt 0.25pt 0.25pt 0.25pt;" /></div> <div> <div><a id="xx_ad591977-9f65-49cb-bcec-78f8fd5537d7_2"></a> <div style="page-break-after: always; position: relative;"> <div style="clear: both;"></div> <div style="float: left; margin-left: 39pt; margin-top: 36pt; width: 516pt; min-height: 696pt;"> <div style="line-height: 1.0pt; margin-top: 1pt; text-align: left;"></div> <div style="margin-top: 0.0pt;">
<table style="empty-cells: show; width: 516pt;" cellpadding="0" cellspacing="0">
<tr style="height: 55.41pt;">
<td style="vertical-align: Bottom; width: 259.45pt;"> <div style="line-height: 10pt; text-align: left;"> <div style="margin-right: 3pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-weight: bold; margin-left: 0.0pt;">Per share data</span></div> </div> </td>
<td style="border-bottom: 0.5pt solid #000000; vertical-align: Bottom; width: 51.91pt;"> <div style="line-height: 13.02pt; text-align: left;"> <div style="margin-left: 1pt; margin-right: 1pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-weight: bold;">For the </span></div> <div style="margin-left: 1pt; margin-right: 1pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-weight: bold;">Year </span></div> <div style="margin-left: 1pt; margin-right: 1pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-weight: bold;">Ended</span></div> <div style="margin-left: 1pt; margin-right: 1pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-weight: bold;">May 31, </span></div> <div style="margin-left: 1pt; margin-right: 1pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-weight: bold;">2016</span></div> </div> </td>
<td style="border-bottom: 0.5pt solid #000000; vertical-align: Bottom; width: 51.91pt;"> <div style="line-height: 13.02pt; text-align: left;"> <div style="margin-left: 1pt; margin-right: 1pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-weight: bold;">For the </span></div> <div style="margin-left: 1pt; margin-right: 1pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-weight: bold;">Year </span></div> <div style="margin-left: 1pt; margin-right: 1pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-weight: bold;">Ended </span></div> <div style="margin-left: 1pt; margin-right: 1pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-weight: bold;">May 31, </span></div> <div style="margin-left: 1pt; margin-right: 1pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-weight: bold;">2015</span></div> </div> </td>
<td style="border-bottom: 0.5pt solid #000000; vertical-align: Bottom; width: 51.91pt;"> <div style="line-height: 13.02pt; text-align: left;"> <div style="margin-left: 1pt; margin-right: 1pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-weight: bold;">For the </span></div> <div style="margin-left: 1pt; margin-right: 1pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-weight: bold;">Year </span></div> <div style="margin-left: 1pt; margin-right: 1pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-weight: bold;">Ended </span></div> <div style="margin-left: 1pt; margin-right: 1pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-weight: bold;">May 31, </span></div> <div style="margin-left: 1pt; margin-right: 1pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-weight: bold;">2014</span></div> </div> </td>
<td style="border-bottom: 0.5pt solid #000000; vertical-align: Bottom; width: 51.91pt;"> <div style="line-height: 13.02pt; text-align: left;"> <div style="margin-left: 1pt; margin-right: 1pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-weight: bold;">For the </span></div> <div style="margin-left: 1pt; margin-right: 1pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-weight: bold;">Year </span></div> <div style="margin-left: 1pt; margin-right: 1pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-weight: bold;">Ended </span></div> <div style="margin-left: 1pt; margin-right: 1pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-weight: bold;">May 31, </span></div> <div style="margin-left: 1pt; margin-right: 1pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-weight: bold;">2013</span></div> </div> </td>
<td style="border-bottom: 0.5pt solid #000000; vertical-align: Bottom; width: 48.91pt;"> <div style="line-height: 13.02pt; text-align: left;"> <div style="margin-left: 1pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-weight: bold;">For the </span></div> <div style="margin-left: 1pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-weight: bold;">Year </span></div> <div style="margin-left: 1pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-weight: bold;">Ended </span></div> <div style="margin-left: 1pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-weight: bold;">May 31, </span></div> <div style="margin-left: 1pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-weight: bold;">2012</span></div> </div> </td> </tr>
<tr style="height: 13.7pt;">
<td style="background-color: #adfffc; vertical-align: Bottom; width: 259.45pt;"> <div style="line-height: 10pt; text-align: left;"> <div style="margin-right: 3pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">Net asset value, beginning of period</span></div> </div> </td>
<td style="background-color: #adfffc; border-bottom: 0.5pt solid #000000; vertical-align: Bottom; width: 51.91pt;"> <div style="line-height: 11.0pt; text-align: left;"> <div style="margin-left: 3.00pt; margin-right: 3.00pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">$</span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 10.02pt;">19.61</span></div> </div> </td>
<td style="background-color: #adfffc; border-bottom: 0.5pt solid #000000; vertical-align: Bottom; width: 51.91pt;"> <div style="line-height: 11.0pt; text-align: left;"> <div style="margin-left: 3.00pt; margin-right: 3.00pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">$</span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 10.02pt;">20.56</span></div> </div> </td>
<td style="background-color: #adfffc; border-bottom: 0.5pt solid #000000; vertical-align: Bottom; width: 51.91pt;"> <div style="line-height: 11.0pt; text-align: left;"> <div style="margin-left: 3.00pt; margin-right: 3.00pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">$</span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 10.02pt;">20.95</span></div> </div> </td>
<td style="background-color: #adfffc; border-bottom: 0.5pt solid #000000; vertical-align: Bottom; width: 51.91pt;"> <div style="line-height: 11.0pt; text-align: left;"> <div style="margin-left: 3.00pt; margin-right: 3.00pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">$</span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 10.02pt;">19.00</span></div> </div> </td>
<td style="background-color: #adfffc; border-bottom: 0.5pt solid #000000; vertical-align: Bottom; width: 48.91pt;"> <div style="line-height: 11.0pt; text-align: left;"> <div style="margin-left: 1pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">$</span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 10.02pt;">20.11</span></div> </div> </td> </tr>
<tr style="height: 11.35pt;">
<td style="vertical-align: Bottom; width: 259.45pt;"> <div style="line-height: 10pt; text-align: left;"> <div style="margin-right: 3pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-weight: bold; margin-left: 0.0pt;">Income from investment operations</span></div> </div> </td>
<td style="vertical-align: Bottom; width: 51.91pt;"> <div style="line-height: 0.5pt; text-align: left;"> <div style="margin-left: 3.00pt; margin-right: 3.00pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">&#160;</span></div> </div> </td>
<td style="vertical-align: Bottom; width: 51.91pt;"> <div style="line-height: 0.5pt; text-align: left;"> <div style="margin-left: 3.00pt; margin-right: 3.00pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">&#160;</span></div> </div> </td>
<td style="vertical-align: Bottom; width: 51.91pt;"> <div style="line-height: 0.5pt; text-align: left;"> <div style="margin-left: 3.00pt; margin-right: 3.00pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">&#160;</span></div> </div> </td>
<td style="vertical-align: Bottom; width: 51.91pt;"> <div style="line-height: 0.5pt; text-align: left;"> <div style="margin-left: 3.00pt; margin-right: 3.00pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">&#160;</span></div> </div> </td>
<td style="vertical-align: Bottom; width: 48.91pt;"> <div style="line-height: 0.5pt; text-align: left;"> <div style="margin-left: 1pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">&#160;</span></div> </div> </td> </tr>
<tr style="height: 13pt;">
<td style="background-color: #adfffc; vertical-align: Bottom; width: 259.45pt;"> <div style="line-height: 10pt; text-align: left;"> <div style="margin-right: 3pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 10pt;">Net investment income</span><span style="color: #000000; font-family: times new roman; font-size: 6.5pt; margin-left: 0.0pt; position: relative; top: -2pt;">(a)</span> <div style="clear: right;"></div> </div> </div> </td>
<td style="background-color: #adfffc; vertical-align: Bottom; width: 51.91pt;"> <div style="line-height: 10pt; text-align: left;"> <div style="margin-left: 3.00pt; margin-right: 3.00pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 20.03pt;">1.40</span></div> </div> </td>
<td style="background-color: #adfffc; vertical-align: Bottom; width: 51.91pt;"> <div style="line-height: 10pt; text-align: left;"> <div style="margin-left: 3.00pt; margin-right: 3.00pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 20.03pt;">1.28</span></div> </div> </td>
<td style="background-color: #adfffc; vertical-align: Bottom; width: 51.91pt;"> <div style="line-height: 10pt; text-align: left;"> <div style="margin-left: 3.00pt; margin-right: 3.00pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 20.03pt;">1.44</span></div> </div> </td>
<td style="background-color: #adfffc; vertical-align: Bottom; width: 51.91pt;"> <div style="line-height: 10pt; text-align: left;"> <div style="margin-left: 3.00pt; margin-right: 3.00pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 20.03pt;">1.68</span></div> </div> </td>
<td style="background-color: #adfffc; vertical-align: Bottom; width: 48.91pt;"> <div style="line-height: 10pt; text-align: left;"> <div style="margin-left: 1pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 20.03pt;">1.80</span></div> </div> </td> </tr>
<tr style="height: 15.35pt;">
<td style="vertical-align: Bottom; width: 259.45pt;"> <div style="line-height: 10pt; text-align: left;"> <div style="margin-right: 3pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 10pt;">Net gain (loss) on investments (realized and unrealized)</span></div> </div> </td>
<td style="border-bottom: 0.5pt solid #000000; vertical-align: Bottom; width: 51.91pt;"> <div style="line-height: 11.0pt; text-align: left;"> <div style="margin-left: 3.00pt; margin-right: 3.00pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 13.36pt; margin-right: -2.5pt;">(1.33)</span></div> </div> </td>
<td style="border-bottom: 0.5pt solid #000000; vertical-align: Bottom; width: 51.91pt;"> <div style="line-height: 11.0pt; text-align: left;"> <div style="margin-left: 3.00pt; margin-right: 3.00pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 13.36pt; margin-right: -2.5pt;">(0.05)</span></div> </div> </td>
<td style="border-bottom: 0.5pt solid #000000; vertical-align: Bottom; width: 51.91pt;"> <div style="line-height: 11.0pt; text-align: left;"> <div style="margin-left: 3.00pt; margin-right: 3.00pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 20.03pt;">0.35</span></div> </div> </td>
<td style="border-bottom: 0.5pt solid #000000; vertical-align: Bottom; width: 51.91pt;"> <div style="line-height: 11.0pt; text-align: left;"> <div style="margin-left: 3.00pt; margin-right: 3.00pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 20.03pt;">2.22</span></div> </div> </td>
<td style="border-bottom: 0.5pt solid #000000; vertical-align: Bottom; width: 48.91pt;"> <div style="line-height: 11.0pt; text-align: left;"> <div style="margin-left: 1pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 13.36pt; margin-right: -2.5pt;">(1.06)</span></div> </div> </td> </tr>
<tr style="height: 13.7pt;">
<td style="background-color: #adfffc; vertical-align: Bottom; width: 259.45pt;"> <div style="line-height: 10pt; text-align: left;"> <div style="margin-right: 3pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">Total from investment operations</span></div> </div> </td>
<td style="background-color: #adfffc; border-bottom: 0.5pt solid #000000; vertical-align: Bottom; width: 51.91pt;"> <div style="line-height: 11.0pt; text-align: left;"> <div style="margin-left: 3.00pt; margin-right: 3.00pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 20.03pt;">0.07</span></div> </div> </td>
<td style="background-color: #adfffc; border-bottom: 0.5pt solid #000000; vertical-align: Bottom; width: 51.91pt;"> <div style="line-height: 11.0pt; text-align: left;"> <div style="margin-left: 3.00pt; margin-right: 3.00pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 20.03pt;">1.23</span></div> </div> </td>
<td style="background-color: #adfffc; border-bottom: 0.5pt solid #000000; vertical-align: Bottom; width: 51.91pt;"> <div style="line-height: 11.0pt; text-align: left;"> <div style="margin-left: 3.00pt; margin-right: 3.00pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 20.03pt;">1.79</span></div> </div> </td>
<td style="background-color: #adfffc; border-bottom: 0.5pt solid #000000; vertical-align: Bottom; width: 51.91pt;"> <div style="line-height: 11.0pt; text-align: left;"> <div style="margin-left: 3.00pt; margin-right: 3.00pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 20.03pt;">3.90</span></div> </div> </td>
<td style="background-color: #adfffc; border-bottom: 0.5pt solid #000000; vertical-align: Bottom; width: 48.91pt;"> <div style="line-height: 11.0pt; text-align: left;"> <div style="margin-left: 1pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 20.03pt;">0.74</span></div> </div> </td> </tr>
<tr style="height: 11.35pt;">
<td style="vertical-align: Bottom; width: 259.45pt;"> <div style="line-height: 10pt; text-align: left;"> <div style="margin-right: 3pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-weight: bold; margin-left: 0.0pt;">Distributions to Common Shareholders</span></div> </div> </td>
<td style="vertical-align: Bottom; width: 51.91pt;"> <div style="line-height: 0.5pt; text-align: left;"> <div style="margin-left: 3.00pt; margin-right: 3.00pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">&#160;</span></div> </div> </td>
<td style="vertical-align: Bottom; width: 51.91pt;"> <div style="line-height: 0.5pt; text-align: left;"> <div style="margin-left: 3.00pt; margin-right: 3.00pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">&#160;</span></div> </div> </td>
<td style="vertical-align: Bottom; width: 51.91pt;"> <div style="line-height: 0.5pt; text-align: left;"> <div style="margin-left: 3.00pt; margin-right: 3.00pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">&#160;</span></div> </div> </td>
<td style="vertical-align: Bottom; width: 51.91pt;"> <div style="line-height: 0.5pt; text-align: left;"> <div style="margin-left: 3.00pt; margin-right: 3.00pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">&#160;</span></div> </div> </td>
<td style="vertical-align: Bottom; width: 48.91pt;"> <div style="line-height: 0.5pt; text-align: left;"> <div style="margin-left: 1pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">&#160;</span></div> </div> </td> </tr>
<tr style="height: 13pt;">
<td style="background-color: #adfffc; vertical-align: Bottom; width: 259.45pt;"> <div style="line-height: 10pt; text-align: left;"> <div style="margin-right: 3pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 10pt;">From and in excess of net investment income</span></div> </div> </td>
<td style="background-color: #adfffc; vertical-align: Bottom; width: 51.91pt;"> <div style="line-height: 10pt; text-align: left;"> <div style="margin-left: 3.00pt; margin-right: 3.00pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 13.36pt; margin-right: -2.5pt;">(1.82)</span></div> </div> </td>
<td style="background-color: #adfffc; vertical-align: Bottom; width: 51.91pt;"> <div style="line-height: 10pt; text-align: left;"> <div style="margin-left: 3.00pt; margin-right: 3.00pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 13.36pt; margin-right: -2.5pt;">(1.42)</span></div> </div> </td>
<td style="background-color: #adfffc; vertical-align: Bottom; width: 51.91pt;"> <div style="line-height: 10pt; text-align: left;"> <div style="margin-left: 3.00pt; margin-right: 3.00pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 13.36pt; margin-right: -2.5pt;">(1.82)</span></div> </div> </td>
<td style="background-color: #adfffc; vertical-align: Bottom; width: 51.91pt;"> <div style="line-height: 10pt; text-align: left;"> <div style="margin-left: 3.00pt; margin-right: 3.00pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 13.36pt; margin-right: -2.5pt;">(1.78)</span></div> </div> </td>
<td style="background-color: #adfffc; vertical-align: Bottom; width: 48.91pt;"> <div style="line-height: 10pt; text-align: left;"> <div style="margin-left: 1pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 13.36pt; margin-right: -2.5pt;">(1.85)</span></div> </div> </td> </tr>
<tr style="height: 13pt;">
<td style="vertical-align: Bottom; width: 259.45pt;"> <div style="line-height: 10pt; text-align: left;"> <div style="margin-right: 3pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 10pt;">Return of capital</span></div> </div> </td>
<td style="vertical-align: Bottom; width: 51.91pt;"> <div style="line-height: 10pt; text-align: left;"> <div style="margin-left: 3.00pt; margin-right: 3.00pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 27.54pt;">&#8212;</span></div> </div> </td>
<td style="vertical-align: Bottom; width: 51.91pt;"> <div style="line-height: 10pt; text-align: left;"> <div style="margin-left: 3.00pt; margin-right: 3.00pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 27.54pt;">&#8212;</span></div> </div> </td>
<td style="vertical-align: Bottom; width: 51.91pt;"> <div style="line-height: 10pt; text-align: left;"> <div style="margin-left: 3.00pt; margin-right: 3.00pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 27.54pt;">&#8212;</span></div> </div> </td>
<td style="vertical-align: Bottom; width: 51.91pt;"> <div style="line-height: 10pt; text-align: left;"> <div style="margin-left: 3.00pt; margin-right: 3.00pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 27.54pt;">&#8212;</span></div> </div> </td>
<td style="vertical-align: Bottom; width: 48.91pt;"> <div style="line-height: 10pt; text-align: left;"> <div style="margin-left: 1pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 27.54pt;">&#8212;</span></div> </div> </td> </tr>
<tr style="height: 15.35pt;">
<td style="background-color: #adfffc; vertical-align: Bottom; width: 259.45pt;"> <div style="line-height: 10pt; text-align: left;"> <div style="margin-right: 3pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 10pt;">Capital gains</span></div> </div> </td>
<td style="background-color: #adfffc; border-bottom: 0.5pt solid #000000; vertical-align: Bottom; width: 51.91pt;"> <div style="line-height: 11.0pt; text-align: left;"> <div style="margin-left: 3.00pt; margin-right: 3.00pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 13.36pt; margin-right: -2.5pt;">(0.36)</span></div> </div> </td>
<td style="background-color: #adfffc; border-bottom: 0.5pt solid #000000; vertical-align: Bottom; width: 51.91pt;"> <div style="line-height: 11.0pt; text-align: left;"> <div style="margin-left: 3.00pt; margin-right: 3.00pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 13.36pt; margin-right: -2.5pt;">(0.76)</span></div> </div> </td>
<td style="background-color: #adfffc; border-bottom: 0.5pt solid #000000; vertical-align: Bottom; width: 51.91pt;"> <div style="line-height: 11.0pt; text-align: left;"> <div style="margin-left: 3.00pt; margin-right: 3.00pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 13.36pt; margin-right: -2.5pt;">(0.36)</span></div> </div> </td>
<td style="background-color: #adfffc; border-bottom: 0.5pt solid #000000; vertical-align: Bottom; width: 51.91pt;"> <div style="line-height: 11.0pt; text-align: left;"> <div style="margin-left: 3.00pt; margin-right: 3.00pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 13.36pt; margin-right: -2.5pt;">(0.17)</span></div> </div> </td>
<td style="background-color: #adfffc; border-bottom: 0.5pt solid #000000; vertical-align: Bottom; width: 48.91pt;"> <div style="line-height: 11.0pt; text-align: left;"> <div style="margin-left: 1pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 27.54pt;">&#8212;</span></div> </div> </td> </tr>
<tr style="height: 13.7pt;">
<td style="vertical-align: Bottom; width: 259.45pt;"> <div style="line-height: 10pt; text-align: left;"> <div style="margin-right: 3pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">Total distributions</span></div> </div> </td>
<td style="border-bottom: 0.5pt solid #000000; vertical-align: Bottom; width: 51.91pt;"> <div style="line-height: 11.0pt; text-align: left;"> <div style="margin-left: 3.00pt; margin-right: 3.00pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 13.36pt; margin-right: -2.5pt;">(2.18)</span></div> </div> </td>
<td style="border-bottom: 0.5pt solid #000000; vertical-align: Bottom; width: 51.91pt;"> <div style="line-height: 11.0pt; text-align: left;"> <div style="margin-left: 3.00pt; margin-right: 3.00pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 13.36pt; margin-right: -2.5pt;">(2.18)</span></div> </div> </td>
<td style="border-bottom: 0.5pt solid #000000; vertical-align: Bottom; width: 51.91pt;"> <div style="line-height: 11.0pt; text-align: left;"> <div style="margin-left: 3.00pt; margin-right: 3.00pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 13.36pt; margin-right: -2.5pt;">(2.18)</span></div> </div> </td>
<td style="border-bottom: 0.5pt solid #000000; vertical-align: Bottom; width: 51.91pt;"> <div style="line-height: 11.0pt; text-align: left;"> <div style="margin-left: 3.00pt; margin-right: 3.00pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 13.36pt; margin-right: -2.5pt;">(1.95)</span></div> </div> </td>
<td style="border-bottom: 0.5pt solid #000000; vertical-align: Bottom; width: 48.91pt;"> <div style="line-height: 11.0pt; text-align: left;"> <div style="margin-left: 1pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 13.36pt; margin-right: -2.5pt;">(1.85)</span></div> </div> </td> </tr>
<tr style="height: 13.7pt;">
<td style="background-color: #adfffc; vertical-align: Bottom; width: 259.45pt;"> <div style="line-height: 10pt; text-align: left;"> <div style="margin-right: 3pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">Net asset value, end of period</span></div> </div> </td>
<td style="background-color: #adfffc; border-bottom: 0.5pt solid #000000; vertical-align: Bottom; width: 51.91pt;"> <div style="line-height: 11.0pt; text-align: left;"> <div style="margin-left: 3.00pt; margin-right: 3.00pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 15.03pt;">17.50</span></div> </div> </td>
<td style="background-color: #adfffc; border-bottom: 0.5pt solid #000000; vertical-align: Bottom; width: 51.91pt;"> <div style="line-height: 11.0pt; text-align: left;"> <div style="margin-left: 3.00pt; margin-right: 3.00pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 15.03pt;">19.61</span></div> </div> </td>
<td style="background-color: #adfffc; border-bottom: 0.5pt solid #000000; vertical-align: Bottom; width: 51.91pt;"> <div style="line-height: 11.0pt; text-align: left;"> <div style="margin-left: 3.00pt; margin-right: 3.00pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 15.03pt;">20.56</span></div> </div> </td>
<td style="background-color: #adfffc; border-bottom: 0.5pt solid #000000; vertical-align: Bottom; width: 51.91pt;"> <div style="line-height: 11.0pt; text-align: left;"> <div style="margin-left: 3.00pt; margin-right: 3.00pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 15.03pt;">20.95</span></div> </div> </td>
<td style="background-color: #adfffc; border-bottom: 0.5pt solid #000000; vertical-align: Bottom; width: 48.91pt;"> <div style="line-height: 11.0pt; text-align: left;"> <div style="margin-left: 1pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 15.03pt;">19.00</span></div> </div> </td> </tr>
<tr style="height: 13.7pt;">
<td style="vertical-align: Bottom; width: 259.45pt;"> <div style="line-height: 10pt; text-align: left;"> <div style="margin-right: 3pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">Market value, end of period</span></div> </div> </td>
<td style="border-bottom: 0.5pt solid #000000; vertical-align: Bottom; width: 51.91pt;"> <div style="line-height: 11.0pt; text-align: left;"> <div style="margin-left: 3.00pt; margin-right: 3.00pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 15.03pt;">17.61</span></div> </div> </td>
<td style="border-bottom: 0.5pt solid #000000; vertical-align: Bottom; width: 51.91pt;"> <div style="line-height: 11.0pt; text-align: left;"> <div style="margin-left: 3.00pt; margin-right: 3.00pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 15.03pt;">21.21</span></div> </div> </td>
<td style="border-bottom: 0.5pt solid #000000; vertical-align: Bottom; width: 51.91pt;"> <div style="line-height: 11.0pt; text-align: left;"> <div style="margin-left: 3.00pt; margin-right: 3.00pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 15.03pt;">21.83</span></div> </div> </td>
<td style="border-bottom: 0.5pt solid #000000; vertical-align: Bottom; width: 51.91pt;"> <div style="line-height: 11.0pt; text-align: left;"> <div style="margin-left: 3.00pt; margin-right: 3.00pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 15.03pt;">21.91</span></div> </div> </td>
<td style="border-bottom: 0.5pt solid #000000; vertical-align: Bottom; width: 48.91pt;"> <div style="line-height: 11.0pt; text-align: left;"> <div style="margin-left: 1pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 15.03pt;">21.08</span></div> </div> </td> </tr>
<tr style="height: 11.35pt;">
<td style="background-color: #adfffc; vertical-align: Bottom; width: 259.45pt;"> <div style="line-height: 10pt; text-align: left;"> <div style="margin-right: 3pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-weight: bold; margin-left: 0.0pt;">Total investment return</span><span style="color: #000000; font-family: times new roman; font-size: 6.5pt; font-weight: bold; margin-left: 0.0pt; position: relative; top: -2pt;">(b)</span></div> </div> </td>
<td style="background-color: #adfffc; vertical-align: Bottom; width: 51.91pt;"> <div style="line-height: 0.5pt; text-align: left;"> <div style="margin-left: 3.00pt; margin-right: 3.00pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">&#160;</span></div> </div> </td>
<td style="background-color: #adfffc; vertical-align: Bottom; width: 51.91pt;"> <div style="line-height: 0.5pt; text-align: left;"> <div style="margin-left: 3.00pt; margin-right: 3.00pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">&#160;</span></div> </div> </td>
<td style="background-color: #adfffc; vertical-align: Bottom; width: 51.91pt;"> <div style="line-height: 0.5pt; text-align: left;"> <div style="margin-left: 3.00pt; margin-right: 3.00pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">&#160;</span></div> </div> </td>
<td style="background-color: #adfffc; vertical-align: Bottom; width: 51.91pt;"> <div style="line-height: 0.5pt; text-align: left;"> <div style="margin-left: 3.00pt; margin-right: 3.00pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">&#160;</span></div> </div> </td>
<td style="background-color: #adfffc; vertical-align: Bottom; width: 48.91pt;"> <div style="line-height: 0.5pt; text-align: left;"> <div style="margin-left: 1pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">&#160;</span></div> </div> </td> </tr>
<tr style="height: 13pt;">
<td style="vertical-align: Bottom; width: 259.45pt;"> <div style="line-height: 10pt; text-align: left;"> <div style="margin-right: 3pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 10pt;">Net asset value</span></div> </div> </td>
<td style="vertical-align: Bottom; width: 51.91pt;"> <div style="line-height: 10pt; text-align: left;"> <div style="margin-left: 3.00pt; margin-right: 3.00pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 20.03pt;">0.80%</span></div> </div> </td>
<td style="vertical-align: Bottom; width: 51.91pt;"> <div style="line-height: 10pt; text-align: left;"> <div style="margin-left: 3.00pt; margin-right: 3.00pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 20.03pt;">6.39%</span></div> </div> </td>
<td style="vertical-align: Bottom; width: 51.91pt;"> <div style="line-height: 10pt; text-align: left;"> <div style="margin-left: 3.00pt; margin-right: 3.00pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 20.03pt;">9.20%</span></div> </div> </td>
<td style="vertical-align: Bottom; width: 51.91pt;"> <div style="line-height: 10pt; text-align: left;"> <div style="margin-left: 3.00pt; margin-right: 3.00pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 15.03pt;">21.37%</span></div> </div> </td>
<td style="vertical-align: Bottom; width: 48.91pt;"> <div style="line-height: 10pt; text-align: left;"> <div style="margin-left: 1pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 20.03pt;">4.09%</span></div> </div> </td> </tr>
<tr style="height: 13pt;">
<td style="background-color: #adfffc; vertical-align: Bottom; width: 259.45pt;"> <div style="line-height: 10pt; text-align: left;"> <div style="margin-right: 3pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 10pt;">Market value</span></div> </div> </td>
<td style="background-color: #adfffc; vertical-align: Bottom; width: 51.91pt;"> <div style="line-height: 10pt; text-align: left;"> <div style="margin-left: 3.00pt; margin-right: 3.00pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 16.7pt;">-6.07%</span></div> </div> </td>
<td style="background-color: #adfffc; vertical-align: Bottom; width: 51.91pt;"> <div style="line-height: 10pt; text-align: left;"> <div style="margin-left: 3.00pt; margin-right: 3.00pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 20.03pt;">8.08%</span></div> </div> </td>
<td style="background-color: #adfffc; vertical-align: Bottom; width: 51.91pt;"> <div style="line-height: 10pt; text-align: left;"> <div style="margin-left: 3.00pt; margin-right: 3.00pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 15.03pt;">10.71%</span></div> </div> </td>
<td style="background-color: #adfffc; vertical-align: Bottom; width: 51.91pt;"> <div style="line-height: 10pt; text-align: left;"> <div style="margin-left: 3.00pt; margin-right: 3.00pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 15.03pt;">14.10%</span></div> </div> </td>
<td style="background-color: #adfffc; vertical-align: Bottom; width: 48.91pt;"> <div style="line-height: 10pt; text-align: left;"> <div style="margin-left: 1pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 20.03pt;">3.81%</span></div> </div> </td> </tr>
<tr style="height: 13pt;">
<td style="vertical-align: Bottom; width: 259.45pt;"> <div style="line-height: 10pt; text-align: left;"> <div style="margin-right: 3pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-weight: bold; margin-left: 0.0pt;">Ratios and supplemental data</span></div> </div> </td>
<td style="vertical-align: Bottom; width: 51.91pt;"> <div style="line-height: 0.5pt; text-align: left;"> <div style="margin-left: 3.00pt; margin-right: 3.00pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">&#160;</span></div> </div> </td>
<td style="vertical-align: Bottom; width: 51.91pt;"> <div style="line-height: 0.5pt; text-align: left;"> <div style="margin-left: 3.00pt; margin-right: 3.00pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">&#160;</span></div> </div> </td>
<td style="vertical-align: Bottom; width: 51.91pt;"> <div style="line-height: 0.5pt; text-align: left;"> <div style="margin-left: 3.00pt; margin-right: 3.00pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">&#160;</span></div> </div> </td>
<td style="vertical-align: Bottom; width: 51.91pt;"> <div style="line-height: 0.5pt; text-align: left;"> <div style="margin-left: 3.00pt; margin-right: 3.00pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">&#160;</span></div> </div> </td>
<td style="vertical-align: Bottom; width: 48.91pt;"> <div style="line-height: 0.5pt; text-align: left;"> <div style="margin-left: 1pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">&#160;</span></div> </div> </td> </tr>
<tr style="height: 13pt;">
<td style="background-color: #adfffc; vertical-align: Bottom; width: 259.45pt;"> <div style="line-height: 10pt; text-align: left;"> <div style="margin-right: 3pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">Net assets, end of period (in thousands)</span></div> </div> </td>
<td style="background-color: #adfffc; vertical-align: Bottom; width: 51.91pt;"> <div style="line-height: 10pt; text-align: left;"> <div style="margin-left: 3.00pt; margin-right: 3.00pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">$</span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">310,246</span></div> </div> </td>
<td style="background-color: #adfffc; vertical-align: Bottom; width: 51.91pt;"> <div style="line-height: 10pt; text-align: left;"> <div style="margin-left: 3.00pt; margin-right: 3.00pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">$</span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">342,988</span></div> </div> </td>
<td style="background-color: #adfffc; vertical-align: Bottom; width: 51.91pt;"> <div style="line-height: 10pt; text-align: left;"> <div style="margin-left: 3.00pt; margin-right: 3.00pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">$</span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">318,001</span></div> </div> </td>
<td style="background-color: #adfffc; vertical-align: Bottom; width: 51.91pt;"> <div style="line-height: 10pt; text-align: left;"> <div style="margin-left: 3.00pt; margin-right: 3.00pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">$</span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">286,471</span></div> </div> </td>
<td style="background-color: #adfffc; vertical-align: Bottom; width: 48.91pt;"> <div style="line-height: 10pt; text-align: left;"> <div style="margin-left: 1pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">$</span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">207,346</span></div> </div> </td> </tr>
<tr style="height: 13pt;">
<td style="vertical-align: Bottom; width: 259.45pt;"> <div style="line-height: 10pt; text-align: left;"> <div style="margin-right: 3pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">Ratios to average net assets applicable to Common&#160;Shares:</span></div> </div> </td>
<td style="vertical-align: Bottom; width: 51.91pt;"> <div style="line-height: 0.5pt; text-align: left;"> <div style="margin-left: 3.00pt; margin-right: 3.00pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">&#160;</span></div> </div> </td>
<td style="vertical-align: Bottom; width: 51.91pt;"> <div style="line-height: 0.5pt; text-align: left;"> <div style="margin-left: 3.00pt; margin-right: 3.00pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">&#160;</span></div> </div> </td>
<td style="vertical-align: Bottom; width: 51.91pt;"> <div style="line-height: 0.5pt; text-align: left;"> <div style="margin-left: 3.00pt; margin-right: 3.00pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">&#160;</span></div> </div> </td>
<td style="vertical-align: Bottom; width: 51.91pt;"> <div style="line-height: 0.5pt; text-align: left;"> <div style="margin-left: 3.00pt; margin-right: 3.00pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">&#160;</span></div> </div> </td>
<td style="vertical-align: Bottom; width: 48.91pt;"> <div style="line-height: 0.5pt; text-align: left;"> <div style="margin-left: 1pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">&#160;</span></div> </div> </td> </tr>
<tr style="height: 13pt;">
<td style="background-color: #adfffc; vertical-align: Bottom; width: 259.45pt;"> <div style="line-height: 10pt; text-align: left;"> <div style="margin-right: 3pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 10pt;">Total expenses, including interest expense</span><span style="color: #000000; font-family: times new roman; font-size: 6.5pt; margin-left: 0.0pt; position: relative; top: -2pt;">(c), (d)</span> <div style="clear: right;"></div> </div> </div> </td>
<td style="background-color: #adfffc; vertical-align: Bottom; width: 51.91pt;"> <div style="line-height: 10pt; text-align: left;"> <div style="margin-left: 3.00pt; margin-right: 3.00pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 20.03pt;">2.38%</span></div> </div> </td>
<td style="background-color: #adfffc; vertical-align: Bottom; width: 51.91pt;"> <div style="line-height: 10pt; text-align: left;"> <div style="margin-left: 3.00pt; margin-right: 3.00pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 20.03pt;">2.16%</span></div> </div> </td>
<td style="background-color: #adfffc; vertical-align: Bottom; width: 51.91pt;"> <div style="line-height: 10pt; text-align: left;"> <div style="margin-left: 3.00pt; margin-right: 3.00pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 20.03pt;">2.28%</span></div> </div> </td>
<td style="background-color: #adfffc; vertical-align: Bottom; width: 51.91pt;"> <div style="line-height: 10pt; text-align: left;"> <div style="margin-left: 3.00pt; margin-right: 3.00pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 20.03pt;">2.47%</span></div> </div> </td>
<td style="background-color: #adfffc; vertical-align: Bottom; width: 48.91pt;"> <div style="line-height: 10pt; text-align: left;"> <div style="margin-left: 1pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 20.03pt;">2.55%</span></div> </div> </td> </tr>
<tr style="height: 13pt;">
<td style="vertical-align: Bottom; width: 259.45pt;"> <div style="line-height: 10pt; text-align: left;"> <div style="margin-right: 3pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 10pt;">Net investment income, including interest expense</span></div> </div> </td>
<td style="vertical-align: Bottom; width: 51.91pt;"> <div style="line-height: 10pt; text-align: left;"> <div style="margin-left: 3.00pt; margin-right: 3.00pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 20.03pt;">7.79%</span></div> </div> </td>
<td style="vertical-align: Bottom; width: 51.91pt;"> <div style="line-height: 10pt; text-align: left;"> <div style="margin-left: 3.00pt; margin-right: 3.00pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 20.03pt;">6.44%</span></div> </div> </td>
<td style="vertical-align: Bottom; width: 51.91pt;"> <div style="line-height: 10pt; text-align: left;"> <div style="margin-left: 3.00pt; margin-right: 3.00pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 20.03pt;">7.07%</span></div> </div> </td>
<td style="vertical-align: Bottom; width: 51.91pt;"> <div style="line-height: 10pt; text-align: left;"> <div style="margin-left: 3.00pt; margin-right: 3.00pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 20.03pt;">8.30%</span></div> </div> </td>
<td style="vertical-align: Bottom; width: 48.91pt;"> <div style="line-height: 10pt; text-align: left;"> <div style="margin-left: 1pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 20.03pt;">9.45%</span></div> </div> </td> </tr>
<tr style="height: 13pt;">
<td style="background-color: #adfffc; vertical-align: Bottom; width: 259.45pt;"> <div style="line-height: 10pt; text-align: left;"> <div style="margin-right: 3pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">Portfolio turnover</span></div> </div> </td>
<td style="background-color: #adfffc; vertical-align: Bottom; width: 51.91pt;"> <div style="line-height: 10pt; text-align: left;"> <div style="margin-left: 3.00pt; margin-right: 3.00pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 22.54pt;">116%</span></div> </div> </td>
<td style="background-color: #adfffc; vertical-align: Bottom; width: 51.91pt;"> <div style="line-height: 10pt; text-align: left;"> <div style="margin-left: 3.00pt; margin-right: 3.00pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 27.55pt;">86%</span></div> </div> </td>
<td style="background-color: #adfffc; vertical-align: Bottom; width: 51.91pt;"> <div style="line-height: 10pt; text-align: left;"> <div style="margin-left: 3.00pt; margin-right: 3.00pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 27.55pt;">95%</span></div> </div> </td>
<td style="background-color: #adfffc; vertical-align: Bottom; width: 51.91pt;"> <div style="line-height: 10pt; text-align: left;"> <div style="margin-left: 3.00pt; margin-right: 3.00pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 22.54pt;">165%</span></div> </div> </td>
<td style="background-color: #adfffc; vertical-align: Bottom; width: 48.91pt;"> <div style="line-height: 10pt; text-align: left;"> <div style="margin-left: 1pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 22.54pt;">112%</span></div> </div> </td> </tr>
<tr style="height: 13pt;">
<td style="vertical-align: Bottom; width: 259.45pt;"> <div style="line-height: 10pt; text-align: left;"> <div style="margin-right: 3pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">Senior Indebtedness</span></div> </div> </td>
<td style="vertical-align: Bottom; width: 51.91pt;"> <div style="line-height: 0.5pt; text-align: left;"> <div style="margin-left: 3.00pt; margin-right: 3.00pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">&#160;</span></div> </div> </td>
<td style="vertical-align: Bottom; width: 51.91pt;"> <div style="line-height: 0.5pt; text-align: left;"> <div style="margin-left: 3.00pt; margin-right: 3.00pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">&#160;</span></div> </div> </td>
<td style="vertical-align: Bottom; width: 51.91pt;"> <div style="line-height: 0.5pt; text-align: left;"> <div style="margin-left: 3.00pt; margin-right: 3.00pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">&#160;</span></div> </div> </td>
<td style="vertical-align: Bottom; width: 51.91pt;"> <div style="line-height: 0.5pt; text-align: left;"> <div style="margin-left: 3.00pt; margin-right: 3.00pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">&#160;</span></div> </div> </td>
<td style="vertical-align: Bottom; width: 48.91pt;"> <div style="line-height: 0.5pt; text-align: left;"> <div style="margin-left: 1pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">&#160;</span></div> </div> </td> </tr>
<tr style="height: 13pt;">
<td style="background-color: #adfffc; vertical-align: Bottom; width: 259.45pt;"> <div style="line-height: 10pt; text-align: left;"> <div style="margin-right: 3pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 10pt;">Borrowings &#8211; committed facility agreements (in thousands)</span></div> </div> </td>
<td style="background-color: #adfffc; vertical-align: Bottom; width: 51.91pt;"> <div style="line-height: 10pt; text-align: left;"> <div style="margin-left: 3.00pt; margin-right: 3.00pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">$</span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 10.02pt;">9,355</span></div> </div> </td>
<td style="background-color: #adfffc; vertical-align: Bottom; width: 51.91pt;"> <div style="line-height: 10pt; text-align: left;"> <div style="margin-left: 3.00pt; margin-right: 3.00pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">$</span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 5.01pt;">45,489</span></div> </div> </td>
<td style="background-color: #adfffc; vertical-align: Bottom; width: 51.91pt;"> <div style="line-height: 10pt; text-align: left;"> <div style="margin-left: 3.00pt; margin-right: 3.00pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">$</span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 5.01pt;">60,789</span></div> </div> </td>
<td style="background-color: #adfffc; vertical-align: Bottom; width: 51.91pt;"> <div style="line-height: 10pt; text-align: left;"> <div style="margin-left: 3.00pt; margin-right: 3.00pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">$</span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 5.01pt;">56,099</span></div> </div> </td>
<td style="background-color: #adfffc; vertical-align: Bottom; width: 48.91pt;"> <div style="line-height: 10pt; text-align: left;"> <div style="margin-left: 1pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">$</span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 5.01pt;">30,599</span></div> </div> </td> </tr>
<tr style="height: 9pt;">
<td style="vertical-align: Bottom; width: 259.45pt;"> <div style="line-height: 10pt; text-align: left;"> <div style="margin-right: 3pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 10pt;">Asset coverage per $1,000 of borrowings</span><span style="color: #000000; font-family: times new roman; font-size: 6.5pt; margin-left: 0.0pt; position: relative; top: -2pt;">(e)</span> <div style="clear: right;"></div> </div> </div> </td>
<td style="vertical-align: Bottom; width: 51.91pt;"> <div style="line-height: 10pt; text-align: left;"> <div style="margin-left: 3.00pt; margin-right: 3.00pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">$</span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 5.01pt;">34,164</span></div> </div> </td>
<td style="vertical-align: Bottom; width: 51.91pt;"> <div style="line-height: 10pt; text-align: left;"> <div style="margin-left: 3.00pt; margin-right: 3.00pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">$</span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 10.02pt;">8,540</span></div> </div> </td>
<td style="vertical-align: Bottom; width: 51.91pt;"> <div style="line-height: 10pt; text-align: left;"> <div style="margin-left: 3.00pt; margin-right: 3.00pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">$</span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 10.02pt;">6,231</span></div> </div> </td>
<td style="vertical-align: Bottom; width: 51.91pt;"> <div style="line-height: 10pt; text-align: left;"> <div style="margin-left: 3.00pt; margin-right: 3.00pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">$</span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 10.02pt;">6,107</span></div> </div> </td>
<td style="vertical-align: Bottom; width: 48.91pt;"> <div style="line-height: 10pt; text-align: left;"> <div style="margin-left: 1pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">$</span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 10.02pt;">7,776</span></div> </div> </td> </tr> </table> </div> <div> <div style="clear: both; margin-top: 12.00pt; position: relative; width: 100%;"> <div style="float: left; line-height: 10.02pt; text-align: left; width: 8.9pt;"><span style="color: #000000; font-family: times new roman; font-size: 8.02pt;">(a)</span></div> <div style="float: left; line-height: 10.02pt; margin-left: 15.1pt; text-align: left; width: 487.0pt;"><span style="color: #000000; font-family: times new roman; font-size: 8.02pt;">Based on average shares outstanding.</span></div> </div> <div style="clear: both; position: relative;"></div> </div> <div> <div style="clear: both; margin-top: 2.00pt; position: relative; width: 100%;"> <div style="float: left; line-height: 10.02pt; text-align: left; width: 9.35pt;"><span style="color: #000000; font-family: times new roman; font-size: 8.02pt;">(b)</span></div> <div style="float: left; line-height: 10.02pt; margin-left: 14.65pt; text-align: justify; width: 487.00pt;"><span style="color: #000000; font-family: times new roman; font-size: 8.02pt;">Total investment return is calculated assuming a purchase of a Common Share at the beginning of the period and a sale on the last day of the period </span><span style="color: #000000; font-family: times new roman; font-size: 8.02pt;">reported either at net asset value (&#8220;NAV&#8221;) or market price per share. Dividends and distributions are assumed to be reinvested at NAV for NAV returns or </span><span style="color: #000000; font-family: times new roman; font-size: 8.02pt;">the prices obtained under the Fund&#8217;s Dividend Reinvestment Plan for market value returns. Total investment return does not reflect brokerage </span><span style="color: #000000; font-family: times new roman; font-size: 8.02pt;">commissions. A return calculated for a period of less than one year is not annualized.</span></div> </div> <div style="clear: both; position: relative;"></div> </div> <div> <div style="clear: both; margin-top: 2.00pt; position: relative; width: 100%;"> <div style="float: left; line-height: 10.02pt; text-align: left; width: 8.9pt;"><span style="color: #000000; font-family: times new roman; font-size: 8.02pt;">(c)</span></div> <div style="float: left; line-height: 10.02pt; margin-left: 15.1pt; text-align: justify; width: 487.0pt;"><span style="color: #000000; font-family: times new roman; font-size: 8.02pt;">The ratios of total expenses to average net assets applicable to common shares do not reflect fees and expenses incurred indirectly by the Fund as a result </span><span style="color: #000000; font-family: times new roman; font-size: 8.02pt;">of its investment in shares of other investment companies. If these fees were included in the expense ratios, the expense ratios would increase by 0.09%, </span><span style="color: #000000; font-family: times new roman; font-size: 8.02pt;">0.08%, 0.00%*, 0.00%*, 0.00%*, 0.02%, 0.03%, 0.03%, 0.05% and 0.04% for the years ended May 31, 2021, 2020, 2019, 2018, 2017, 2016, 2015, 2014, </span><span style="color: #000000; font-family: times new roman; font-size: 8.02pt;">2013 and 2012, respectively.</span></div> </div> <div style="clear: both; position: relative;"></div> </div> <div> <div style="clear: both; margin-top: 2.00pt; position: relative; width: 100%;"> <div style="float: left; line-height: 10.02pt; text-align: left; width: 9.35pt;"><span style="color: #000000; font-family: times new roman; font-size: 8.02pt;">(d)</span></div> <div style="float: left; line-height: 10.02pt; margin-left: 14.65pt; text-align: left; width: 487.00pt;"><span style="color: #000000; font-family: times new roman; font-size: 8.02pt;">Excluding interest expense, the operating expense ratios for the periods ended May 31 would be:</span><span style="color: #000000; font-family: times new roman; font-size: 1pt; line-height: 1pt;">&#8195;</span></div> </div> <div style="clear: both; position: relative;"></div> </div> <div style="line-height: 1.0pt; margin-top: 5.00pt; text-align: left;"></div> <div style="margin-top: 0.0pt;">
<table style="empty-cells: show; width: 516pt;" cellpadding="0" cellspacing="0">
<tr style="height: 8.35pt;">
<td style="border-bottom: 0.5pt solid #000000; vertical-align: Bottom; width: 49.2pt;"> <div style="line-height: 11.0pt; text-align: left;"> <div style="margin-left: -2pt; margin-right: 1pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-weight: bold;">2021</span></div> </div> </td>
<td style="border-bottom: 0.5pt solid #000000; vertical-align: Bottom; width: 52.2pt;"> <div style="line-height: 11.0pt; text-align: left;"> <div style="margin-left: 1pt; margin-right: 1pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-weight: bold;">2020</span></div> </div> </td>
<td style="border-bottom: 0.5pt solid #000000; vertical-align: Bottom; width: 52.2pt;"> <div style="line-height: 11.0pt; text-align: left;"> <div style="margin-left: 1pt; margin-right: 1pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-weight: bold;">2019</span></div> </div> </td>
<td style="border-bottom: 0.5pt solid #000000; vertical-align: Bottom; width: 52.2pt;"> <div style="line-height: 11.0pt; text-align: left;"> <div style="margin-left: 1pt; margin-right: 1pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-weight: bold;">2018</span></div> </div> </td>
<td style="border-bottom: 0.5pt solid #000000; vertical-align: Bottom; width: 52.2pt;"> <div style="line-height: 11.0pt; text-align: left;"> <div style="margin-left: 1pt; margin-right: 1pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-weight: bold;">2017</span></div> </div> </td>
<td style="border-bottom: 0.5pt solid #000000; vertical-align: Bottom; width: 52.2pt;"> <div style="line-height: 11.0pt; text-align: left;"> <div style="margin-left: 1pt; margin-right: 1pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-weight: bold;">2016</span></div> </div> </td>
<td style="border-bottom: 0.5pt solid #000000; vertical-align: Bottom; width: 52.2pt;"> <div style="line-height: 11.0pt; text-align: left;"> <div style="margin-left: 1pt; margin-right: 1pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-weight: bold;">2015</span></div> </div> </td>
<td style="border-bottom: 0.5pt solid #000000; vertical-align: Bottom; width: 52.2pt;"> <div style="line-height: 11.0pt; text-align: left;"> <div style="margin-left: 1pt; margin-right: 1pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-weight: bold;">2014</span></div> </div> </td>
<td style="border-bottom: 0.5pt solid #000000; vertical-align: Bottom; width: 52.2pt;"> <div style="line-height: 11.0pt; text-align: left;"> <div style="margin-left: 1pt; margin-right: 1pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-weight: bold;">2013</span></div> </div> </td>
<td style="border-bottom: 0.5pt solid #000000; vertical-align: Bottom; width: 49.2pt;"> <div style="line-height: 11.0pt; text-align: left;"> <div style="margin-left: 1pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-weight: bold;">2012</span></div> </div> </td> </tr>
<tr style="height: 8.35pt;">
<td style="background-color: #adfffc; vertical-align: Bottom; width: 49.2pt;"> <div style="line-height: 10pt; text-align: left;"> <div style="margin-left: -2pt; margin-right: 1pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.00pt;">1.55%</span></div> </div> </td>
<td style="background-color: #adfffc; vertical-align: Bottom; width: 52.2pt;"> <div style="line-height: 10pt; text-align: left;"> <div style="margin-left: 13.16pt; margin-right: 13.16pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.00pt;">1.17%</span></div> </div> </td>
<td style="background-color: #adfffc; vertical-align: Bottom; width: 52.2pt;"> <div style="line-height: 10pt; text-align: left;"> <div style="margin-left: 13.16pt; margin-right: 13.16pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.00pt;">1.15%</span></div> </div> </td>
<td style="background-color: #adfffc; vertical-align: Bottom; width: 52.2pt;"> <div style="line-height: 10pt; text-align: left;"> <div style="margin-left: 13.16pt; margin-right: 13.16pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.00pt;">1.33%</span></div> </div> </td>
<td style="background-color: #adfffc; vertical-align: Bottom; width: 52.2pt;"> <div style="line-height: 10pt; text-align: left;"> <div style="margin-left: 13.16pt; margin-right: 13.16pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.00pt;">1.62%</span></div> </div> </td>
<td style="background-color: #adfffc; vertical-align: Bottom; width: 52.2pt;"> <div style="line-height: 10pt; text-align: left;"> <div style="margin-left: 13.16pt; margin-right: 13.16pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.00pt;">1.74%</span></div> </div> </td>
<td style="background-color: #adfffc; vertical-align: Bottom; width: 52.2pt;"> <div style="line-height: 10pt; text-align: left;"> <div style="margin-left: 13.16pt; margin-right: 13.16pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.00pt;">1.72%</span></div> </div> </td>
<td style="background-color: #adfffc; vertical-align: Bottom; width: 52.2pt;"> <div style="line-height: 10pt; text-align: left;"> <div style="margin-left: 13.16pt; margin-right: 13.16pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.00pt;">1.78%</span></div> </div> </td>
<td style="background-color: #adfffc; vertical-align: Bottom; width: 52.2pt;"> <div style="line-height: 10pt; text-align: left;"> <div style="margin-left: 13.16pt; margin-right: 13.16pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.00pt;">1.81%</span></div> </div> </td>
<td style="background-color: #adfffc; vertical-align: Bottom; width: 49.2pt;"> <div style="line-height: 10pt; text-align: left;"> <div style="margin-left: 1pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.00pt;">1.78%</span></div> </div> </td> </tr> </table> </div> <div> <div style="clear: both; margin-top: 12.00pt; position: relative; width: 100%;"> <div style="float: left; line-height: 10.02pt; text-align: left; width: 8.9pt;"><span style="color: #000000; font-family: times new roman; font-size: 8.02pt;">(e)</span></div> <div style="float: left; line-height: 10.02pt; margin-left: 15.1pt; text-align: left; width: 487.00pt;"><span style="color: #000000; font-family: times new roman; font-size: 8.02pt;">Calculated by subtracting the Fund&#8217;s total liabilities (not including the borrowings) from the Fund&#8217;s total assets and dividing by the borrowings.</span></div> </div> <div style="clear: both; position: relative;"></div> </div> <div> <div style="clear: both; margin-top: 2.00pt; position: relative; width: 100%;"> <div style="float: left; line-height: 10.02pt; text-align: left; width: 4.01pt;"><span style="color: #000000; font-family: times new roman; font-size: 8.02pt;">*</span></div> <div style="float: left; line-height: 10.02pt; margin-left: 19.99pt; text-align: left; width: 487.00pt;"><span style="color: #000000; font-family: times new roman; font-size: 8.02pt;">Less than 0.01%</span></div> </div> <div style="clear: both; position: relative;"></div> </div> </div> <div style="clear: both;"></div> <div style="float: left; margin-left: 39pt; margin-top: 12pt; width: 516pt; min-height: 12pt;"> <div style="line-height: 10.02pt; text-align: center;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; line-height: 10.02pt; margin-left: 0%;">44</span></div> </div> </div> </div> <div style="float: left; margin-bottom: 5.0pt; width: 100%;"></div> <hr style="clear: both; margin: 40.0pt 0.25pt 0.25pt 0.25pt;" /></div> <div> <div><a id="xx_9273d359-a297-4eaa-b9c0-54124d148ac6_1"></a> <div style="page-break-after: always; position: relative;"> <div style="clear: both;"></div> <div style="float: left; margin-left: 39pt; margin-top: 36pt; width: 516pt; min-height: 696pt;"> <ix:nonNumeric name="cef:SeniorSecuritiesNoteTextBlock" id="t_1_8f8454e6_0ad0_f9d2_b3e5_b779aa33563a" escape="true" continuedAt="t_1_8f8454e6_0ad0_f9d2_b3e5_b779aa33563a_1" contextRef="DefaultContext"> <div style="line-height: 22.02pt; margin-top: 7pt; text-align: center;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-weight: bold; margin-left: 0%; text-transform: uppercase;">SENIOR SECURITIES AND OTHER FINANCIAL LEVERAGE</span></div> </ix:nonNumeric> <ix:continuation id="t_1_8f8454e6_0ad0_f9d2_b3e5_b779aa33563a_1" continuedAt="t_1_8f8454e6_0ad0_f9d2_b3e5_b779aa33563a_2"> <div style="line-height: 12.02pt; margin-top: 5.00pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;">The following table sets forth information about the Fund&#8217;s outstanding Borrowings-committed facility agreements and </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">reverse repurchase agreements as of the end of the last ten fiscal years. The information in this table for the fiscal years ended </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">2021, 2020, 2019, 2018 and 2017 has been audited by Ernst &#38; Young LLP, independent registered public accounting firm. <ix:nonNumeric name="cef:SeniorSecuritiesHighlightsAuditedNoteTextBlock" id="t_3_b9107241_c416_5337_cbe8_f4dcac852de7" escape="true" continuedAt="t_3_b9107241_c416_5337_cbe8_f4dcac852de7_1" contextRef="DefaultContext">The </ix:nonNumeric></span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"><ix:continuation id="t_3_b9107241_c416_5337_cbe8_f4dcac852de7_1" continuedAt="t_3_b9107241_c416_5337_cbe8_f4dcac852de7_2">Fund&#8217;s audited financial statements appearing in the Fund&#8217;s annual report to shareholders for the year ended May 31, 2021, </ix:continuation></span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"><ix:continuation id="t_3_b9107241_c416_5337_cbe8_f4dcac852de7_2" continuedAt="t_3_b9107241_c416_5337_cbe8_f4dcac852de7_3">including the report of Ernst &#38; Young LLP thereon, including accompanying notes thereto, are incorporated by reference in the </ix:continuation></span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"><ix:continuation id="t_3_b9107241_c416_5337_cbe8_f4dcac852de7_3">SAI.</ix:continuation></span><span style="color: #000000; font-family: times new roman; font-size: 1pt; line-height: 1pt;">&#8195;</span></div> </ix:continuation> <div style="line-height: 1.0pt; margin-top: 5.00pt; text-align: left;"></div> <div style="margin-top: 0.0pt;"> <ix:continuation id="t_1_8f8454e6_0ad0_f9d2_b3e5_b779aa33563a_2" continuedAt="t_1_8f8454e6_0ad0_f9d2_b3e5_b779aa33563a_3"> <ix:nonNumeric name="cef:SeniorSecuritiesTableTextBlock" id="t_2_e4501fbc_b5c6_24e9_e97d_d73119c40a2c" escape="true" continuedAt="t_2_e4501fbc_b5c6_24e9_e97d_d73119c40a2c_1" contextRef="DefaultContext">
<table style="empty-cells: show; width: 516pt;" cellpadding="0" cellspacing="0">
<tr style="height: 20.35pt;">
<td style="background-color: #ffffff; padding-bottom: 3.35pt; padding-top: 3.35pt; vertical-align: Bottom; width: 141.72pt;"> <div style="line-height: 10pt; text-align: left;"> <div style="margin-right: 3pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-weight: bold; margin-left: 0.0pt;">Class and Fiscal Period End</span></div> </div> </td>
<td style="background-color: #ffffff; border-bottom: 0.5pt solid #000000; padding-bottom: 1.35pt; padding-top: 1.35pt; vertical-align: Bottom; width: 97pt;"> <div style="line-height: 13.02pt; text-align: left;"> <div style="margin-left: 1pt; margin-right: 1pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-weight: bold;">Total Principal </span></div> <div style="margin-left: 1pt; margin-right: 1pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-weight: bold;">Amount Outstanding</span></div> </div> </td>
<td style="background-color: #ffffff; border-bottom: 0.5pt solid #000000; padding-bottom: 1.35pt; padding-top: 1.35pt; vertical-align: Bottom; width: 96.18pt;"> <div style="line-height: 13.02pt; text-align: left;"> <div style="margin-left: 1pt; margin-right: 1pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-weight: bold;">Asset Coverage Per </span></div> <div style="margin-left: 1pt; margin-right: 1pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-weight: bold;">$1,000 of Borrowings</span></div> </div> </td>
<td style="background-color: #ffffff; border-bottom: 0.5pt solid #000000; padding-bottom: 1.35pt; padding-top: 1.35pt; vertical-align: Bottom; width: 109.57pt;"> <div style="line-height: 13.02pt; text-align: left;"> <div style="margin-left: 1pt; margin-right: 1pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-weight: bold;">Involuntary Liquidating </span></div> <div style="margin-left: 1pt; margin-right: 1pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-weight: bold;">Preference Per Unit</span></div> </div> </td>
<td style="background-color: #ffffff; border-bottom: 0.5pt solid #000000; padding-bottom: 1.35pt; padding-top: 1.35pt; vertical-align: Bottom; width: 71.53pt;"> <div style="line-height: 13.02pt; text-align: left;"> <div style="margin-left: 1pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-weight: bold;">Average Market </span></div> <div style="margin-left: 1pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-weight: bold;">Value Per Unit</span></div> </div> </td> </tr>
<tr style="height: 12.35pt;">
<td colspan="5" style="background-color: azure; padding-bottom: 4pt; padding-top: 3.35pt; vertical-align: Bottom; width: 516.00pt;"> <div style="line-height: 10pt; text-align: left;"> <div style="margin-right: -2pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-weight: bold; margin-left: 0.0pt;">Borrowings &#8211; Committed Facility Agreement</span></div> </div> </td> </tr>
<tr style="height: 13pt;">
<td style="background-color: #ffffff; padding-bottom: 4pt; padding-top: 4pt; vertical-align: Bottom; width: 141.72pt;"> <div style="line-height: 10pt; text-align: left;"> <div style="margin-right: 3pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">May 31, 2021</span></div> </div> </td>
<td style="background-color: #ffffff; padding-bottom: 4pt; padding-top: 4pt; vertical-align: Bottom; width: 97pt;"> <div style="line-height: 10pt; text-align: left;"> <div style="margin-left: 20.955pt; margin-right: 20.955pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">$</span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 5.01pt;"><ix:nonFraction name="cef:SeniorSecuritiesAmount" id="h_1_1a114bba_69f8_40ac_a9b0_8cca1b6aee8a" contextRef="FY2021_BorrowingsCommittedFacilityAgreementMember" unitRef="USD" decimals="INF" scale="0" format="ixt:numdotdecimal">38,500,690</ix:nonFraction></span></div> </div> </td>
<td style="background-color: #ffffff; padding-bottom: 4pt; padding-top: 4pt; vertical-align: Bottom; width: 96.18pt;"> <div style="line-height: 10pt; text-align: left;"> <div style="margin-left: 31.12pt; margin-right: 31.12pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">$</span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 1.38pt;"><ix:nonFraction name="cef:SeniorSecuritiesCoveragePerUnit" id="h_18_32e1f446_538a_8223_8e56_34fd22bb3e59" contextRef="FY2021_BorrowingsCommittedFacilityAgreementMember" unitRef="USD_shares" decimals="INF" scale="0" format="ixt:numdotdecimal">23,806</ix:nonFraction></span></div> </div> </td>
<td style="background-color: #ffffff; padding-bottom: 4pt; padding-top: 4pt; vertical-align: Bottom; width: 109.57pt;"> <div style="line-height: 10pt; text-align: left;"> <div style="margin-left: 46.16pt; margin-right: 46.16pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"><span class="sec-hidden" title="Manually tagged" style="-sec-ix-hidden: h_26_a41c652c_397f_cede_b0a2_eaf415fc3535;">N/A</span></span></div> </div> </td>
<td style="background-color: #ffffff; padding-bottom: 4pt; padding-top: 4pt; vertical-align: Bottom; width: 71.53pt;"> <div style="line-height: 10pt; text-align: left;"> <div style="margin-left: 1pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"><span class="sec-hidden" title="Manually tagged" style="-sec-ix-hidden: h_26_35b8d72b_245a_c9b1_8851_ca95bf99d8bc;">N/A</span></span></div> </div> </td> </tr>
<tr style="height: 13pt;">
<td style="background-color: azure; padding-bottom: 4pt; padding-top: 4pt; vertical-align: Bottom; width: 141.72pt;"> <div style="line-height: 10pt; text-align: left;"> <div style="margin-right: 3pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">May 31, 2020</span></div> </div> </td>
<td style="background-color: azure; padding-bottom: 4pt; padding-top: 4pt; vertical-align: Bottom; width: 97pt;"> <div style="line-height: 10pt; text-align: left;"> <div style="margin-left: 20.955pt; margin-right: 20.955pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.00pt;">$</span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 5.01pt;"><ix:nonFraction name="cef:SeniorSecuritiesAmount" id="h_2_e63f4f83_24fe_843a_c998_545facb32c91" contextRef="FY2020_BorrowingsCommittedFacilityAgreementMember" unitRef="USD" decimals="INF" scale="0" format="ixt:numdotdecimal">19,300,000</ix:nonFraction></span></div> </div> </td>
<td style="background-color: azure; padding-bottom: 4pt; padding-top: 4pt; vertical-align: Bottom; width: 96.18pt;"> <div style="line-height: 10pt; text-align: left;"> <div style="margin-left: 31.12pt; margin-right: 31.12pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.00pt;">$</span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 1.38pt;"><ix:nonFraction name="cef:SeniorSecuritiesCoveragePerUnit" id="h_19_0902a364_2e1c_9b5f_479a_c784dc1f2587" contextRef="FY2020_BorrowingsCommittedFacilityAgreementMember" unitRef="USD_shares" decimals="INF" scale="0" format="ixt:numdotdecimal">34,621</ix:nonFraction></span></div> </div> </td>
<td style="background-color: azure; padding-bottom: 4pt; padding-top: 4pt; vertical-align: Bottom; width: 109.57pt;"> <div style="line-height: 10pt; text-align: left;"> <div style="margin-left: 46.16pt; margin-right: 46.16pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.00pt;"><span class="sec-hidden" title="Manually tagged" style="-sec-ix-hidden: h_26_6efe55d0_e2c0_a4b9_05bc_2f3338f7276a;">N/A</span></span></div> </div> </td>
<td style="background-color: azure; padding-bottom: 4pt; padding-top: 4pt; vertical-align: Bottom; width: 71.53pt;"> <div style="line-height: 10pt; text-align: left;"> <div style="margin-left: 1pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.00pt;"><span class="sec-hidden" title="Manually tagged" style="-sec-ix-hidden: h_26_a8255de5_cd82_6080_a548_fc39d25480da;">N/A</span></span></div> </div> </td> </tr>
<tr style="height: 13pt;">
<td style="background-color: #ffffff; padding-bottom: 4pt; padding-top: 4pt; vertical-align: Bottom; width: 141.72pt;"> <div style="line-height: 10pt; text-align: left;"> <div style="margin-right: 3pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">May 31, 2019</span></div> </div> </td>
<td style="background-color: #ffffff; padding-bottom: 4pt; padding-top: 4pt; vertical-align: Bottom; width: 97pt;"> <div style="line-height: 10pt; text-align: left;"> <div style="margin-left: 20.955pt; margin-right: 20.955pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">$</span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 40.06pt;"><span class="sec-hidden" title="Manually tagged" style="-sec-ix-hidden: h_26_feb763ab_a9d4_6ca8_11e4_27a730481d41;">&#8212;</span></span></div> </div> </td>
<td style="background-color: #ffffff; padding-bottom: 4pt; padding-top: 4pt; vertical-align: Bottom; width: 96.18pt;"> <div style="line-height: 10pt; text-align: left;"> <div style="margin-left: 31.12pt; margin-right: 31.12pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">$</span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 18.91pt;"><span class="sec-hidden" title="Manually tagged" style="-sec-ix-hidden: h_26_d8ca5923_da4c_0005_5fa5_deff6337a851;">&#8212;</span></span></div> </div> </td>
<td style="background-color: #ffffff; padding-bottom: 4pt; padding-top: 4pt; vertical-align: Bottom; width: 109.57pt;"> <div style="line-height: 10pt; text-align: left;"> <div style="margin-left: 46.16pt; margin-right: 46.16pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"><span class="sec-hidden" title="Manually tagged" style="-sec-ix-hidden: h_26_e0167e53_64eb_0553_e56d_c0757f733e5c;">N/A</span></span></div> </div> </td>
<td style="background-color: #ffffff; padding-bottom: 4pt; padding-top: 4pt; vertical-align: Bottom; width: 71.53pt;"> <div style="line-height: 10pt; text-align: left;"> <div style="margin-left: 1pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"><span class="sec-hidden" title="Manually tagged" style="-sec-ix-hidden: h_26_71323dac_0dfb_0c79_ca4b_2cbed7278fdf;">N/A</span></span></div> </div> </td> </tr>
<tr style="height: 13pt;">
<td style="background-color: azure; padding-bottom: 4pt; padding-top: 4pt; vertical-align: Bottom; width: 141.72pt;"> <div style="line-height: 10pt; text-align: left;"> <div style="margin-right: 3pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">May 31, 2018</span></div> </div> </td>
<td style="background-color: azure; padding-bottom: 4pt; padding-top: 4pt; vertical-align: Bottom; width: 97pt;"> <div style="line-height: 10pt; text-align: left;"> <div style="margin-left: 20.955pt; margin-right: 20.955pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.00pt;">$</span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 40.06pt;"><span class="sec-hidden" title="Manually tagged" style="-sec-ix-hidden: h_26_1e774b6c_7bcc_6a97_df9a_b4fabd054356;">&#8212;</span></span></div> </div> </td>
<td style="background-color: azure; padding-bottom: 4pt; padding-top: 4pt; vertical-align: Bottom; width: 96.18pt;"> <div style="line-height: 10pt; text-align: left;"> <div style="margin-left: 31.12pt; margin-right: 31.12pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.00pt;">$</span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 18.91pt;"><span class="sec-hidden" title="Manually tagged" style="-sec-ix-hidden: h_26_31681ccb_7c84_3df4_f40e_2d6fa53d9595;">&#8212;</span></span></div> </div> </td>
<td style="background-color: azure; padding-bottom: 4pt; padding-top: 4pt; vertical-align: Bottom; width: 109.57pt;"> <div style="line-height: 10pt; text-align: left;"> <div style="margin-left: 46.16pt; margin-right: 46.16pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.00pt;"><span class="sec-hidden" title="Manually tagged" style="-sec-ix-hidden: h_26_42421524_acc8_59cc_b5c1_723ab379ff93;">N/A</span></span></div> </div> </td>
<td style="background-color: azure; padding-bottom: 4pt; padding-top: 4pt; vertical-align: Bottom; width: 71.53pt;"> <div style="line-height: 10pt; text-align: left;"> <div style="margin-left: 1pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.00pt;"><span class="sec-hidden" title="Manually tagged" style="-sec-ix-hidden: h_26_4f75ee45_656c_f98c_c8aa_2ab88c84816c;">N/A</span></span></div> </div> </td> </tr>
<tr style="height: 13pt;">
<td style="background-color: #ffffff; padding-bottom: 4pt; padding-top: 4pt; vertical-align: Bottom; width: 141.72pt;"> <div style="line-height: 10pt; text-align: left;"> <div style="margin-right: 3pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">May 31, 2017</span></div> </div> </td>
<td style="background-color: #ffffff; padding-bottom: 4pt; padding-top: 4pt; vertical-align: Bottom; width: 97pt;"> <div style="line-height: 10pt; text-align: left;"> <div style="margin-left: 20.955pt; margin-right: 20.955pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">$</span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 5.01pt;"><ix:nonFraction name="cef:SeniorSecuritiesAmount" id="h_3_08ca8198_719a_d509_58f4_ea491da62b72" contextRef="FY2017_BorrowingsCommittedFacilityAgreementMember" unitRef="USD" decimals="INF" scale="0" format="ixt:numdotdecimal">16,704,955</ix:nonFraction></span></div> </div> </td>
<td style="background-color: #ffffff; padding-bottom: 4pt; padding-top: 4pt; vertical-align: Bottom; width: 96.18pt;"> <div style="line-height: 10pt; text-align: left;"> <div style="margin-left: 31.12pt; margin-right: 31.12pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">$</span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 1.38pt;"><ix:nonFraction name="cef:SeniorSecuritiesCoveragePerUnit" id="h_20_fc7b9c51_e4b1_9148_58e2_0c8f0180d0be" contextRef="FY2017_BorrowingsCommittedFacilityAgreementMember" unitRef="USD_shares" decimals="INF" scale="0" format="ixt:numdotdecimal">25,571</ix:nonFraction></span></div> </div> </td>
<td style="background-color: #ffffff; padding-bottom: 4pt; padding-top: 4pt; vertical-align: Bottom; width: 109.57pt;"> <div style="line-height: 10pt; text-align: left;"> <div style="margin-left: 46.16pt; margin-right: 46.16pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"><span class="sec-hidden" title="Manually tagged" style="-sec-ix-hidden: h_26_6ef3704f_4664_387e_651f_90284bc134d0;">N/A</span></span></div> </div> </td>
<td style="background-color: #ffffff; padding-bottom: 4pt; padding-top: 4pt; vertical-align: Bottom; width: 71.53pt;"> <div style="line-height: 10pt; text-align: left;"> <div style="margin-left: 1pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"><span class="sec-hidden" title="Manually tagged" style="-sec-ix-hidden: h_26_f0617c94_bdb3_912e_0413_967539a3d814;">N/A</span></span></div> </div> </td> </tr>
<tr style="height: 13pt;">
<td style="background-color: azure; padding-bottom: 4pt; padding-top: 4pt; vertical-align: Bottom; width: 141.72pt;"> <div style="line-height: 10pt; text-align: left;"> <div style="margin-right: 3pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">May 31, 2016</span></div> </div> </td>
<td style="background-color: azure; padding-bottom: 4pt; padding-top: 4pt; vertical-align: Bottom; width: 97pt;"> <div style="line-height: 10pt; text-align: left;"> <div style="margin-left: 20.955pt; margin-right: 20.955pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.00pt;">$</span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 10.02pt;"><ix:nonFraction name="cef:SeniorSecuritiesAmount" id="h_4_79a8184d_0fc3_6300_8d95_23a6a350cfe0" contextRef="FY2016_BorrowingsCommittedFacilityAgreementMember" unitRef="USD" decimals="INF" scale="0" format="ixt:numdotdecimal">9,354,955</ix:nonFraction></span></div> </div> </td>
<td style="background-color: azure; padding-bottom: 4pt; padding-top: 4pt; vertical-align: Bottom; width: 96.18pt;"> <div style="line-height: 10pt; text-align: left;"> <div style="margin-left: 31.12pt; margin-right: 31.12pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.00pt;">$</span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 1.38pt;"><ix:nonFraction name="cef:SeniorSecuritiesCoveragePerUnit" id="h_21_ab76fc6a_3210_2818_e2d8_bbe780a81fa1" contextRef="FY2016_BorrowingsCommittedFacilityAgreementMember" unitRef="USD_shares" decimals="INF" scale="0" format="ixt:numdotdecimal">34,164</ix:nonFraction></span></div> </div> </td>
<td style="background-color: azure; padding-bottom: 4pt; padding-top: 4pt; vertical-align: Bottom; width: 109.57pt;"> <div style="line-height: 10pt; text-align: left;"> <div style="margin-left: 46.16pt; margin-right: 46.16pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.00pt;"><span class="sec-hidden" title="Manually tagged" style="-sec-ix-hidden: h_26_6fd2340d_ffd5_c504_991b_6b28dd0cc7a9;">N/A</span></span></div> </div> </td>
<td style="background-color: azure; padding-bottom: 4pt; padding-top: 4pt; vertical-align: Bottom; width: 71.53pt;"> <div style="line-height: 10pt; text-align: left;"> <div style="margin-left: 1pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.00pt;"><span class="sec-hidden" title="Manually tagged" style="-sec-ix-hidden: h_26_4d056319_485f_e85e_cd64_c52089771e28;">N/A</span></span></div> </div> </td> </tr>
<tr style="height: 13pt;">
<td style="background-color: #ffffff; padding-bottom: 4pt; padding-top: 4pt; vertical-align: Bottom; width: 141.72pt;"> <div style="line-height: 10pt; text-align: left;"> <div style="margin-right: 3pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">May 31, 2015</span></div> </div> </td>
<td style="background-color: #ffffff; padding-bottom: 4pt; padding-top: 4pt; vertical-align: Bottom; width: 97pt;"> <div style="line-height: 10pt; text-align: left;"> <div style="margin-left: 20.955pt; margin-right: 20.955pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">$</span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 5.01pt;"><ix:nonFraction name="cef:SeniorSecuritiesAmount" id="h_5_23bf549b_9c77_4152_42af_481a48926007" contextRef="FY2015_BorrowingsCommittedFacilityAgreementMember" unitRef="USD" decimals="INF" scale="0" format="ixt:numdotdecimal">45,488,955</ix:nonFraction></span></div> </div> </td>
<td style="background-color: #ffffff; padding-bottom: 4pt; padding-top: 4pt; vertical-align: Bottom; width: 96.18pt;"> <div style="line-height: 10pt; text-align: left;"> <div style="margin-left: 31.12pt; margin-right: 31.12pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">$</span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 6.39pt;"><ix:nonFraction name="cef:SeniorSecuritiesCoveragePerUnit" id="h_22_f65ca2ce_5fda_5642_fd49_14d6216e8da5" contextRef="FY2015_BorrowingsCommittedFacilityAgreementMember" unitRef="USD_shares" decimals="INF" scale="0" format="ixt:numdotdecimal">8,540</ix:nonFraction></span></div> </div> </td>
<td style="background-color: #ffffff; padding-bottom: 4pt; padding-top: 4pt; vertical-align: Bottom; width: 109.57pt;"> <div style="line-height: 10pt; text-align: left;"> <div style="margin-left: 46.16pt; margin-right: 46.16pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"><span class="sec-hidden" title="Manually tagged" style="-sec-ix-hidden: h_26_ef2acbf1_0d02_1d7e_8d73_a2f818167fc7;">N/A</span></span></div> </div> </td>
<td style="background-color: #ffffff; padding-bottom: 4pt; padding-top: 4pt; vertical-align: Bottom; width: 71.53pt;"> <div style="line-height: 10pt; text-align: left;"> <div style="margin-left: 1pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"><span class="sec-hidden" title="Manually tagged" style="-sec-ix-hidden: h_26_3a966a27_c29b_6d2c_9591_573244e6f123;">N/A</span></span></div> </div> </td> </tr>
<tr style="height: 13pt;">
<td style="background-color: azure; padding-bottom: 4pt; padding-top: 4pt; vertical-align: Bottom; width: 141.72pt;"> <div style="line-height: 10pt; text-align: left;"> <div style="margin-right: 3pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">May 31, 2014</span></div> </div> </td>
<td style="background-color: azure; padding-bottom: 4pt; padding-top: 4pt; vertical-align: Bottom; width: 97pt;"> <div style="line-height: 10pt; text-align: left;"> <div style="margin-left: 20.955pt; margin-right: 20.955pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.00pt;">$</span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 5.01pt;"><ix:nonFraction name="cef:SeniorSecuritiesAmount" id="h_6_eb5bd2a5_4da9_f7fe_8b35_a160728cd3e6" contextRef="FY2014_BorrowingsCommittedFacilityAgreementMember" unitRef="USD" decimals="INF" scale="0" format="ixt:numdotdecimal">60,788,955</ix:nonFraction></span></div> </div> </td>
<td style="background-color: azure; padding-bottom: 4pt; padding-top: 4pt; vertical-align: Bottom; width: 96.18pt;"> <div style="line-height: 10pt; text-align: left;"> <div style="margin-left: 31.12pt; margin-right: 31.12pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.00pt;">$</span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 6.39pt;"><ix:nonFraction name="cef:SeniorSecuritiesCoveragePerUnit" id="h_23_7a29360c_4032_ade0_17fe_b11760d74845" contextRef="FY2014_BorrowingsCommittedFacilityAgreementMember" unitRef="USD_shares" decimals="INF" scale="0" format="ixt:numdotdecimal">6,231</ix:nonFraction></span></div> </div> </td>
<td style="background-color: azure; padding-bottom: 4pt; padding-top: 4pt; vertical-align: Bottom; width: 109.57pt;"> <div style="line-height: 10pt; text-align: left;"> <div style="margin-left: 46.16pt; margin-right: 46.16pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.00pt;"><span class="sec-hidden" title="Manually tagged" style="-sec-ix-hidden: h_26_f1187497_3c06_6048_7f1d_bb2bc6264056;">N/A</span></span></div> </div> </td>
<td style="background-color: azure; padding-bottom: 4pt; padding-top: 4pt; vertical-align: Bottom; width: 71.53pt;"> <div style="line-height: 10pt; text-align: left;"> <div style="margin-left: 1pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.00pt;"><span class="sec-hidden" title="Manually tagged" style="-sec-ix-hidden: h_26_40be2675_1d49_e67d_3f01_584643ffaab0;">N/A</span></span></div> </div> </td> </tr>
<tr style="height: 13pt;">
<td style="background-color: #ffffff; padding-bottom: 4pt; padding-top: 4pt; vertical-align: Bottom; width: 141.72pt;"> <div style="line-height: 10pt; text-align: left;"> <div style="margin-right: 3pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">May 31, 2013</span></div> </div> </td>
<td style="background-color: #ffffff; padding-bottom: 4pt; padding-top: 4pt; vertical-align: Bottom; width: 97pt;"> <div style="line-height: 10pt; text-align: left;"> <div style="margin-left: 20.955pt; margin-right: 20.955pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">$</span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 5.01pt;"><ix:nonFraction name="cef:SeniorSecuritiesAmount" id="h_7_750e12b6_3f5f_9a2e_4a60_f3465882590c" contextRef="FY2013_BorrowingsCommittedFacilityAgreementMember" unitRef="USD" decimals="INF" scale="0" format="ixt:numdotdecimal">56,098,955</ix:nonFraction></span></div> </div> </td>
<td style="background-color: #ffffff; padding-bottom: 4pt; padding-top: 4pt; vertical-align: Bottom; width: 96.18pt;"> <div style="line-height: 10pt; text-align: left;"> <div style="margin-left: 31.12pt; margin-right: 31.12pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">$</span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 6.39pt;"><ix:nonFraction name="cef:SeniorSecuritiesCoveragePerUnit" id="h_24_d929ca8c_db19_8330_7888_a7ea23c34263" contextRef="FY2013_BorrowingsCommittedFacilityAgreementMember" unitRef="USD_shares" decimals="INF" scale="0" format="ixt:numdotdecimal">6,107</ix:nonFraction></span></div> </div> </td>
<td style="background-color: #ffffff; padding-bottom: 4pt; padding-top: 4pt; vertical-align: Bottom; width: 109.57pt;"> <div style="line-height: 10pt; text-align: left;"> <div style="margin-left: 46.16pt; margin-right: 46.16pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"><span class="sec-hidden" title="Manually tagged" style="-sec-ix-hidden: h_26_7f9eddb5_bb43_9713_5bc1_26a9cd29937e;">N/A</span></span></div> </div> </td>
<td style="background-color: #ffffff; padding-bottom: 4pt; padding-top: 4pt; vertical-align: Bottom; width: 71.53pt;"> <div style="line-height: 10pt; text-align: left;"> <div style="margin-left: 1pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"><span class="sec-hidden" title="Manually tagged" style="-sec-ix-hidden: h_26_a61b6b33_9ede_d800_614c_b0a8cdb0d5b4;">N/A</span></span></div> </div> </td> </tr>
<tr style="height: 13pt;">
<td style="background-color: azure; padding-bottom: 4pt; padding-top: 4pt; vertical-align: Bottom; width: 141.72pt;"> <div style="line-height: 10pt; text-align: left;"> <div style="margin-right: 3pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">May 31, 2012</span></div> </div> </td>
<td style="background-color: azure; padding-bottom: 4pt; padding-top: 4pt; vertical-align: Bottom; width: 97pt;"> <div style="line-height: 10pt; text-align: left;"> <div style="margin-left: 20.955pt; margin-right: 20.955pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.00pt;">$</span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 5.01pt;"><ix:nonFraction name="cef:SeniorSecuritiesAmount" id="h_8_481fc87c_9cc7_e020_efe7_b6dbea034e28" contextRef="FY2012_BorrowingsCommittedFacilityAgreementMember" unitRef="USD" decimals="INF" scale="0" format="ixt:numdotdecimal">30,598,955</ix:nonFraction></span></div> </div> </td>
<td style="background-color: azure; padding-bottom: 4pt; padding-top: 4pt; vertical-align: Bottom; width: 96.18pt;"> <div style="line-height: 10pt; text-align: left;"> <div style="margin-left: 31.12pt; margin-right: 31.12pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.00pt;">$</span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 6.39pt;"><ix:nonFraction name="cef:SeniorSecuritiesCoveragePerUnit" id="h_25_f5ab2ff7_8964_d653_6b6f_a6bf70b9f677" contextRef="FY2012_BorrowingsCommittedFacilityAgreementMember" unitRef="USD_shares" decimals="INF" scale="0" format="ixt:numdotdecimal">7,776</ix:nonFraction></span></div> </div> </td>
<td style="background-color: azure; padding-bottom: 4pt; padding-top: 4pt; vertical-align: Bottom; width: 109.57pt;"> <div style="line-height: 10pt; text-align: left;"> <div style="margin-left: 46.16pt; margin-right: 46.16pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.00pt;"><span class="sec-hidden" title="Manually tagged" style="-sec-ix-hidden: h_26_948ed65d_c95d_edb6_9880_5778caaef224;">N/A</span></span></div> </div> </td>
<td style="background-color: azure; padding-bottom: 4pt; padding-top: 4pt; vertical-align: Bottom; width: 71.53pt;"> <div style="line-height: 10pt; text-align: left;"> <div style="margin-left: 1pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.00pt;"><span class="sec-hidden" title="Manually tagged" style="-sec-ix-hidden: h_26_3670f224_261d_c668_c088_2a3bc7945f37;">N/A</span></span></div> </div> </td> </tr>
<tr style="height: 13pt;">
<td colspan="5" style="background-color: #ffffff; padding-bottom: 4pt; padding-top: 4pt; vertical-align: Bottom; width: 516.00pt;"> <div style="line-height: 10pt; text-align: left;"> <div style="margin-right: -2pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-weight: bold; margin-left: 0.0pt;">Reverse Repurchase Agreements(1)</span></div> </div> </td> </tr>
<tr style="height: 13pt;">
<td style="background-color: azure; padding-bottom: 4pt; padding-top: 4pt; vertical-align: Bottom; width: 141.72pt;"> <div style="line-height: 10pt; text-align: left;"> <div style="margin-right: 3pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">May 31, 2021</span></div> </div> </td>
<td style="background-color: azure; padding-bottom: 4pt; padding-top: 4pt; vertical-align: Bottom; width: 97pt;"> <div style="line-height: 10pt; text-align: left;"> <div style="margin-left: 20.955pt; margin-right: 20.955pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.00pt;">$</span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"><ix:nonFraction name="cef:SeniorSecuritiesAmount" id="h_9_f27568c7_ee24_94cb_1dc1_b1ec0dad6e64" contextRef="FY2021_ReverseRepurchaseAgreementsMember" unitRef="USD" decimals="INF" scale="0" format="ixt:numdotdecimal">335,327,511</ix:nonFraction></span></div> </div> </td>
<td style="background-color: azure; padding-bottom: 4pt; padding-top: 4pt; vertical-align: Bottom; width: 96.18pt;"> <div style="line-height: 10pt; text-align: left;"> <div style="margin-left: 31.12pt; margin-right: 31.12pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 5.01pt; margin-right: -2.5pt;"><span class="sec-hidden" title="Manually tagged" style="-sec-ix-hidden: h_26_7da213e3_40b1_12a6_5f73_bbaaaedafc93;">N/A</span>(1)</span></div> </div> </td>
<td style="background-color: azure; padding-bottom: 4pt; padding-top: 4pt; vertical-align: Bottom; width: 109.57pt;"> <div style="line-height: 10pt; text-align: left;"> <div style="margin-left: 46.16pt; margin-right: 46.16pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.00pt;"><span class="sec-hidden" title="Manually tagged" style="-sec-ix-hidden: h_26_0eee9865_bcc2_69a7_64d0_9f03835625ef;">N/A</span></span></div> </div> </td>
<td style="background-color: azure; padding-bottom: 4pt; padding-top: 4pt; vertical-align: Bottom; width: 71.53pt;"> <div style="line-height: 10pt; text-align: left;"> <div style="margin-left: 1pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.00pt;"><span class="sec-hidden" title="Manually tagged" style="-sec-ix-hidden: h_26_b6dfced1_d198_de24_e2be_3497eb912849;">N/A</span></span></div> </div> </td> </tr>
<tr style="height: 13pt;">
<td style="background-color: #ffffff; padding-bottom: 4pt; padding-top: 4pt; vertical-align: Bottom; width: 141.72pt;"> <div style="line-height: 10pt; text-align: left;"> <div style="margin-right: 3pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">May 31, 2020</span></div> </div> </td>
<td style="background-color: #ffffff; padding-bottom: 4pt; padding-top: 4pt; vertical-align: Bottom; width: 97pt;"> <div style="line-height: 10pt; text-align: left;"> <div style="margin-left: 20.955pt; margin-right: 20.955pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">$</span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 5.01pt;"><ix:nonFraction name="cef:SeniorSecuritiesAmount" id="h_10_937d6ea0_75ae_b591_08b0_1bb999a9c85e" contextRef="FY2020_ReverseRepurchaseAgreementsMember" unitRef="USD" decimals="INF" scale="0" format="ixt:numdotdecimal">42,445,822</ix:nonFraction></span></div> </div> </td>
<td style="background-color: #ffffff; padding-bottom: 4pt; padding-top: 4pt; vertical-align: Bottom; width: 96.18pt;"> <div style="line-height: 10pt; text-align: left;"> <div style="margin-left: 31.12pt; margin-right: 31.12pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 5.01pt; margin-right: -2.5pt;"><span class="sec-hidden" title="Manually tagged" style="-sec-ix-hidden: h_26_03015968_3104_f2e1_2361_a4e34989212e;">N/A</span>(1)</span></div> </div> </td>
<td style="background-color: #ffffff; padding-bottom: 4pt; padding-top: 4pt; vertical-align: Bottom; width: 109.57pt;"> <div style="line-height: 10pt; text-align: left;"> <div style="margin-left: 46.16pt; margin-right: 46.16pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"><span class="sec-hidden" title="Manually tagged" style="-sec-ix-hidden: h_26_c2c29e18_1f40_84aa_a3f0_4343be7d682b;">N/A</span></span></div> </div> </td>
<td style="background-color: #ffffff; padding-bottom: 4pt; padding-top: 4pt; vertical-align: Bottom; width: 71.53pt;"> <div style="line-height: 10pt; text-align: left;"> <div style="margin-left: 1pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"><span class="sec-hidden" title="Manually tagged" style="-sec-ix-hidden: h_26_e825aaa2_5fbf_ffb3_d07c_5d85de02f8bf;">N/A</span></span></div> </div> </td> </tr>
<tr style="height: 13pt;">
<td style="background-color: azure; padding-bottom: 4pt; padding-top: 4pt; vertical-align: Bottom; width: 141.72pt;"> <div style="line-height: 10pt; text-align: left;"> <div style="margin-right: 3pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">May 31, 2019</span></div> </div> </td>
<td style="background-color: azure; padding-bottom: 4pt; padding-top: 4pt; vertical-align: Bottom; width: 97pt;"> <div style="line-height: 10pt; text-align: left;"> <div style="margin-left: 20.955pt; margin-right: 20.955pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.00pt;">$</span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 40.06pt;"><span class="sec-hidden" title="Manually tagged" style="-sec-ix-hidden: h_26_b9561568_9675_0134_b5b5_9f08eda50426;">&#8212;</span></span></div> </div> </td>
<td style="background-color: azure; padding-bottom: 4pt; padding-top: 4pt; vertical-align: Bottom; width: 96.18pt;"> <div style="line-height: 10pt; text-align: left;"> <div style="margin-left: 31.12pt; margin-right: 31.12pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 5.01pt; margin-right: -2.5pt;"><span class="sec-hidden" title="Manually tagged" style="-sec-ix-hidden: h_26_ae598643_d275_d152_abac_88944025ccb6;">N/A</span>(1)</span></div> </div> </td>
<td style="background-color: azure; padding-bottom: 4pt; padding-top: 4pt; vertical-align: Bottom; width: 109.57pt;"> <div style="line-height: 10pt; text-align: left;"> <div style="margin-left: 46.16pt; margin-right: 46.16pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.00pt;"><span class="sec-hidden" title="Manually tagged" style="-sec-ix-hidden: h_26_d4e7450e_7e63_7b8c_f154_a0f355f315a2;">N/A</span></span></div> </div> </td>
<td style="background-color: azure; padding-bottom: 4pt; padding-top: 4pt; vertical-align: Bottom; width: 71.53pt;"> <div style="line-height: 10pt; text-align: left;"> <div style="margin-left: 1pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.00pt;"><span class="sec-hidden" title="Manually tagged" style="-sec-ix-hidden: h_26_6b996a4b_9fcd_c410_d016_dbeee44f1c1b;">N/A</span></span></div> </div> </td> </tr>
<tr style="height: 13pt;">
<td style="background-color: #ffffff; padding-bottom: 4pt; padding-top: 4pt; vertical-align: Bottom; width: 141.72pt;"> <div style="line-height: 10pt; text-align: left;"> <div style="margin-right: 3pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">May 31, 2018</span></div> </div> </td>
<td style="background-color: #ffffff; padding-bottom: 4pt; padding-top: 4pt; vertical-align: Bottom; width: 97pt;"> <div style="line-height: 10pt; text-align: left;"> <div style="margin-left: 20.955pt; margin-right: 20.955pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">$</span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 10.02pt;"><ix:nonFraction name="cef:SeniorSecuritiesAmount" id="h_11_a2a0648b_e38b_99fd_e41d_96f22827406e" contextRef="FY2018_ReverseRepurchaseAgreementsMember" unitRef="USD" decimals="INF" scale="0" format="ixt:numdotdecimal">1,610,022</ix:nonFraction></span></div> </div> </td>
<td style="background-color: #ffffff; padding-bottom: 4pt; padding-top: 4pt; vertical-align: Bottom; width: 96.18pt;"> <div style="line-height: 10pt; text-align: left;"> <div style="margin-left: 31.12pt; margin-right: 31.12pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 5.01pt; margin-right: -2.5pt;"><span class="sec-hidden" title="Manually tagged" style="-sec-ix-hidden: h_26_80da2bcf_deec_1071_693f_59603d1592eb;">N/A</span>(1)</span></div> </div> </td>
<td style="background-color: #ffffff; padding-bottom: 4pt; padding-top: 4pt; vertical-align: Bottom; width: 109.57pt;"> <div style="line-height: 10pt; text-align: left;"> <div style="margin-left: 46.16pt; margin-right: 46.16pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"><span class="sec-hidden" title="Manually tagged" style="-sec-ix-hidden: h_26_513283b0_1ef8_422a_1df2_767bcef6c618;">N/A</span></span></div> </div> </td>
<td style="background-color: #ffffff; padding-bottom: 4pt; padding-top: 4pt; vertical-align: Bottom; width: 71.53pt;"> <div style="line-height: 10pt; text-align: left;"> <div style="margin-left: 1pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"><span class="sec-hidden" title="Manually tagged" style="-sec-ix-hidden: h_26_193826c4_0c4c_4d1a_fdaa_bc791d823505;">N/A</span></span></div> </div> </td> </tr>
<tr style="height: 13pt;">
<td style="background-color: azure; padding-bottom: 4pt; padding-top: 4pt; vertical-align: Bottom; width: 141.72pt;"> <div style="line-height: 10pt; text-align: left;"> <div style="margin-right: 3pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">May 31, 2017</span></div> </div> </td>
<td style="background-color: azure; padding-bottom: 4pt; padding-top: 4pt; vertical-align: Bottom; width: 97pt;"> <div style="line-height: 10pt; text-align: left;"> <div style="margin-left: 20.955pt; margin-right: 20.955pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.00pt;">$</span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 5.01pt;"><ix:nonFraction name="cef:SeniorSecuritiesAmount" id="h_12_3f405200_21c9_f26b_01dd_f76c08736862" contextRef="FY2017_ReverseRepurchaseAgreementsMember" unitRef="USD" decimals="INF" scale="0" format="ixt:numdotdecimal">91,424,819</ix:nonFraction></span></div> </div> </td>
<td style="background-color: azure; padding-bottom: 4pt; padding-top: 4pt; vertical-align: Bottom; width: 96.18pt;"> <div style="line-height: 10pt; text-align: left;"> <div style="margin-left: 31.12pt; margin-right: 31.12pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 5.01pt; margin-right: -2.5pt;"><span class="sec-hidden" title="Manually tagged" style="-sec-ix-hidden: h_26_db5997f0_6004_d6fe_505c_6aeab77b9f12;">N/A</span>(1)</span></div> </div> </td>
<td style="background-color: azure; padding-bottom: 4pt; padding-top: 4pt; vertical-align: Bottom; width: 109.57pt;"> <div style="line-height: 10pt; text-align: left;"> <div style="margin-left: 46.16pt; margin-right: 46.16pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.00pt;"><span class="sec-hidden" title="Manually tagged" style="-sec-ix-hidden: h_26_5700df6a_4292_fd88_ea45_fc89e3074c19;">N/A</span></span></div> </div> </td>
<td style="background-color: azure; padding-bottom: 4pt; padding-top: 4pt; vertical-align: Bottom; width: 71.53pt;"> <div style="line-height: 10pt; text-align: left;"> <div style="margin-left: 1pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.00pt;"><span class="sec-hidden" title="Manually tagged" style="-sec-ix-hidden: h_26_787073c6_c1f5_75db_99d5_a28e5741717b;">N/A</span></span></div> </div> </td> </tr>
<tr style="height: 13pt;">
<td style="background-color: #ffffff; padding-bottom: 4pt; padding-top: 4pt; vertical-align: Bottom; width: 141.72pt;"> <div style="line-height: 10pt; text-align: left;"> <div style="margin-right: 3pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">May 31, 2016</span></div> </div> </td>
<td style="background-color: #ffffff; padding-bottom: 4pt; padding-top: 4pt; vertical-align: Bottom; width: 97pt;"> <div style="line-height: 10pt; text-align: left;"> <div style="margin-left: 20.955pt; margin-right: 20.955pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">$</span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"><ix:nonFraction name="cef:SeniorSecuritiesAmount" id="h_13_239ca469_ce6c_271c_44f1_c7fb9d84045d" contextRef="FY2016_ReverseRepurchaseAgreementsMember" unitRef="USD" decimals="INF" scale="0" format="ixt:numdotdecimal">130,570,046</ix:nonFraction></span></div> </div> </td>
<td style="background-color: #ffffff; padding-bottom: 4pt; padding-top: 4pt; vertical-align: Bottom; width: 96.18pt;"> <div style="line-height: 10pt; text-align: left;"> <div style="margin-left: 31.12pt; margin-right: 31.12pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 5.01pt; margin-right: -2.5pt;"><span class="sec-hidden" title="Manually tagged" style="-sec-ix-hidden: h_26_e64e4a8d_f393_5939_5534_0e8d50f5374b;">N/A</span>(1)</span></div> </div> </td>
<td style="background-color: #ffffff; padding-bottom: 4pt; padding-top: 4pt; vertical-align: Bottom; width: 109.57pt;"> <div style="line-height: 10pt; text-align: left;"> <div style="margin-left: 46.16pt; margin-right: 46.16pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"><span class="sec-hidden" title="Manually tagged" style="-sec-ix-hidden: h_26_7745a167_f95b_5be6_d4f0_d347f546879c;">N/A</span></span></div> </div> </td>
<td style="background-color: #ffffff; padding-bottom: 4pt; padding-top: 4pt; vertical-align: Bottom; width: 71.53pt;"> <div style="line-height: 10pt; text-align: left;"> <div style="margin-left: 1pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"><span class="sec-hidden" title="Manually tagged" style="-sec-ix-hidden: h_26_c7315498_15ac_f408_3b41_478decb3bca9;">N/A</span></span></div> </div> </td> </tr>
<tr style="height: 13pt;">
<td style="background-color: azure; padding-bottom: 4pt; padding-top: 4pt; vertical-align: Bottom; width: 141.72pt;"> <div style="line-height: 10pt; text-align: left;"> <div style="margin-right: 3pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">May 31, 2015</span></div> </div> </td>
<td style="background-color: azure; padding-bottom: 4pt; padding-top: 4pt; vertical-align: Bottom; width: 97pt;"> <div style="line-height: 10pt; text-align: left;"> <div style="margin-left: 20.955pt; margin-right: 20.955pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.00pt;">$</span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"><ix:nonFraction name="cef:SeniorSecuritiesAmount" id="h_14_8a5af161_8b28_9807_3b97_a01d27a77c3c" contextRef="FY2015_ReverseRepurchaseAgreementsMember" unitRef="USD" decimals="INF" scale="0" format="ixt:numdotdecimal">114,758,163</ix:nonFraction></span></div> </div> </td>
<td style="background-color: azure; padding-bottom: 4pt; padding-top: 4pt; vertical-align: Bottom; width: 96.18pt;"> <div style="line-height: 10pt; text-align: left;"> <div style="margin-left: 31.12pt; margin-right: 31.12pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 5.01pt; margin-right: -2.5pt;"><span class="sec-hidden" title="Manually tagged" style="-sec-ix-hidden: h_26_c5c473f6_6275_acd7_e255_48ee07da69fc;">N/A</span>(1)</span></div> </div> </td>
<td style="background-color: azure; padding-bottom: 4pt; padding-top: 4pt; vertical-align: Bottom; width: 109.57pt;"> <div style="line-height: 10pt; text-align: left;"> <div style="margin-left: 46.16pt; margin-right: 46.16pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.00pt;"><span class="sec-hidden" title="Manually tagged" style="-sec-ix-hidden: h_26_3f712cc2_7795_ca09_ea3f_3a4f3efe1536;">N/A</span></span></div> </div> </td>
<td style="background-color: azure; padding-bottom: 4pt; padding-top: 4pt; vertical-align: Bottom; width: 71.53pt;"> <div style="line-height: 10pt; text-align: left;"> <div style="margin-left: 1pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.00pt;"><span class="sec-hidden" title="Manually tagged" style="-sec-ix-hidden: h_26_fec4b63a_7b40_d13e_9b8d_c4c1112814d0;">N/A</span></span></div> </div> </td> </tr>
<tr style="height: 13pt;">
<td style="background-color: #ffffff; padding-bottom: 4pt; padding-top: 4pt; vertical-align: Bottom; width: 141.72pt;"> <div style="line-height: 10pt; text-align: left;"> <div style="margin-right: 3pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">May 31, 2014</span></div> </div> </td>
<td style="background-color: #ffffff; padding-bottom: 4pt; padding-top: 4pt; vertical-align: Bottom; width: 97pt;"> <div style="line-height: 10pt; text-align: left;"> <div style="margin-left: 20.955pt; margin-right: 20.955pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">$</span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 5.01pt;"><ix:nonFraction name="cef:SeniorSecuritiesAmount" id="h_15_8d61dfef_cdb3_e7e8_440c_68e6da24b2f6" contextRef="FY2014_ReverseRepurchaseAgreementsMember" unitRef="USD" decimals="INF" scale="0" format="ixt:numdotdecimal">75,641,024</ix:nonFraction></span></div> </div> </td>
<td style="background-color: #ffffff; padding-bottom: 4pt; padding-top: 4pt; vertical-align: Bottom; width: 96.18pt;"> <div style="line-height: 10pt; text-align: left;"> <div style="margin-left: 31.12pt; margin-right: 31.12pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 5.01pt; margin-right: -2.5pt;"><span class="sec-hidden" title="Manually tagged" style="-sec-ix-hidden: h_26_aec0c12f_d2fc_17ed_7098_0ac739bcebae;">N/A</span>(1)</span></div> </div> </td>
<td style="background-color: #ffffff; padding-bottom: 4pt; padding-top: 4pt; vertical-align: Bottom; width: 109.57pt;"> <div style="line-height: 10pt; text-align: left;"> <div style="margin-left: 46.16pt; margin-right: 46.16pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"><span class="sec-hidden" title="Manually tagged" style="-sec-ix-hidden: h_26_700f5caf_cd67_8576_c097_42297f811d06;">N/A</span></span></div> </div> </td>
<td style="background-color: #ffffff; padding-bottom: 4pt; padding-top: 4pt; vertical-align: Bottom; width: 71.53pt;"> <div style="line-height: 10pt; text-align: left;"> <div style="margin-left: 1pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"><span class="sec-hidden" title="Manually tagged" style="-sec-ix-hidden: h_26_a4cab739_9b5f_4ffb_3146_1920a49c51ff;">N/A</span></span></div> </div> </td> </tr>
<tr style="height: 13pt;">
<td style="background-color: azure; padding-bottom: 4pt; padding-top: 4pt; vertical-align: Bottom; width: 141.72pt;"> <div style="line-height: 10pt; text-align: left;"> <div style="margin-right: 3pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">May 31, 2013</span></div> </div> </td>
<td style="background-color: azure; padding-bottom: 4pt; padding-top: 4pt; vertical-align: Bottom; width: 97pt;"> <div style="line-height: 10pt; text-align: left;"> <div style="margin-left: 20.955pt; margin-right: 20.955pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.00pt;">$</span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 5.01pt;"><ix:nonFraction name="cef:SeniorSecuritiesAmount" id="h_16_74ad05e5_aeaf_105f_c084_a22657584f6e" contextRef="FY2013_ReverseRepurchaseAgreementsMember" unitRef="USD" decimals="INF" scale="0" format="ixt:numdotdecimal">59,473,742</ix:nonFraction></span></div> </div> </td>
<td style="background-color: azure; padding-bottom: 4pt; padding-top: 4pt; vertical-align: Bottom; width: 96.18pt;"> <div style="line-height: 10pt; text-align: left;"> <div style="margin-left: 31.12pt; margin-right: 31.12pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 5.01pt; margin-right: -2.5pt;"><span class="sec-hidden" title="Manually tagged" style="-sec-ix-hidden: h_26_6a2f2612_df1d_ec72_5962_82adaac0aea6;">N/A</span>(1)</span></div> </div> </td>
<td style="background-color: azure; padding-bottom: 4pt; padding-top: 4pt; vertical-align: Bottom; width: 109.57pt;"> <div style="line-height: 10pt; text-align: left;"> <div style="margin-left: 46.16pt; margin-right: 46.16pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.00pt;"><span class="sec-hidden" title="Manually tagged" style="-sec-ix-hidden: h_26_6bd00195_83da_0c07_8ef0_086bfaa0730d;">N/A</span></span></div> </div> </td>
<td style="background-color: azure; padding-bottom: 4pt; padding-top: 4pt; vertical-align: Bottom; width: 71.53pt;"> <div style="line-height: 10pt; text-align: left;"> <div style="margin-left: 1pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.00pt;"><span class="sec-hidden" title="Manually tagged" style="-sec-ix-hidden: h_26_bbc4eea2_0c58_4404_d9dc_51b73431cdf5;">N/A</span></span></div> </div> </td> </tr>
<tr style="height: 9pt;">
<td style="background-color: #ffffff; padding-bottom: 1.5pt; padding-top: 4pt; vertical-align: Bottom; width: 141.72pt;"> <div style="line-height: 10pt; text-align: left;"> <div style="margin-right: 3pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">May 31, 2012</span></div> </div> </td>
<td style="background-color: #ffffff; padding-bottom: 1.5pt; padding-top: 4pt; vertical-align: Bottom; width: 97pt;"> <div style="line-height: 10pt; text-align: left;"> <div style="margin-left: 20.955pt; margin-right: 20.955pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">$</span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 5.01pt;"><ix:nonFraction name="cef:SeniorSecuritiesAmount" id="h_17_12bcaa47_6f76_e1b6_50d6_c5a1e46dfaa9" contextRef="FY2012_ReverseRepurchaseAgreementsMember" unitRef="USD" decimals="INF" scale="0" format="ixt:numdotdecimal">53,243,041</ix:nonFraction></span></div> </div> </td>
<td style="background-color: #ffffff; padding-bottom: 1.5pt; padding-top: 4pt; vertical-align: Bottom; width: 96.18pt;"> <div style="line-height: 10pt; text-align: left;"> <div style="margin-left: 31.12pt; margin-right: 31.12pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 5.01pt; margin-right: -2.5pt;"><span class="sec-hidden" title="Manually tagged" style="-sec-ix-hidden: h_26_07df73fe_310e_cde6_2770_57d7884c5fa0;">N/A</span>(1)</span></div> </div> </td>
<td style="background-color: #ffffff; padding-bottom: 1.5pt; padding-top: 4pt; vertical-align: Bottom; width: 109.57pt;"> <div style="line-height: 10pt; text-align: left;"> <div style="margin-left: 46.16pt; margin-right: 46.16pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"><span class="sec-hidden" title="Manually tagged" style="-sec-ix-hidden: h_26_37a68e65_5acd_83df_8c9b_a46712b9f452;">N/A</span></span></div> </div> </td>
<td style="background-color: #ffffff; padding-bottom: 1.5pt; padding-top: 4pt; vertical-align: Bottom; width: 71.53pt;"> <div style="line-height: 10pt; text-align: left;"> <div style="margin-left: 1pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"><span class="sec-hidden" title="Manually tagged" style="-sec-ix-hidden: h_26_bb6ded07_2c46_9f2a_929e_5ab42a042da2;">N/A</span></span></div> </div> </td> </tr> </table> </ix:nonNumeric> </ix:continuation> </div> <div> <div style="clear: both; margin-top: 12.00pt; position: relative; width: 100%;"> <div style="float: left; line-height: 10.02pt; text-align: left; width: 9.35pt;"><span style="color: #000000; font-family: times new roman; font-size: 8.02pt;">(1)</span></div> <ix:continuation id="t_1_8f8454e6_0ad0_f9d2_b3e5_b779aa33563a_3"> <ix:continuation id="t_2_e4501fbc_b5c6_24e9_e97d_d73119c40a2c_1"> <div style="float: left; line-height: 10.02pt; margin-left: 14.65pt; text-align: justify; width: 487.00pt;"><span style="color: #000000; font-family: times new roman; font-size: 8.02pt;">As a result of the Fund having earmarked or segregated cash or liquid securities to collateralize the transactions or otherwise having covered the </span><span style="color: #000000; font-family: times new roman; font-size: 8.02pt;">transactions, in accordance with current regulatory requirements under the releases and interpretive letters issued by the SEC and its staff, the Fund does </span><span style="color: #000000; font-family: times new roman; font-size: 8.02pt;">not treat its obligations under such transactions as senior securities representing indebtedness for purposes of the 1940 Act.</span></div> </ix:continuation> </ix:continuation> </div> <div style="clear: both; position: relative;"></div> </div> </div> <div style="clear: both;"></div> <div style="float: left; margin-left: 39pt; margin-top: 12pt; width: 516pt; min-height: 12pt;"> <div style="line-height: 10.02pt; text-align: center;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; line-height: 10.02pt; margin-left: 0%;">45</span></div> </div> </div> </div> <div style="float: left; margin-bottom: 5.0pt; width: 100%;"></div> <hr style="clear: both; margin: 40.0pt 0.25pt 0.25pt 0.25pt;" /></div> <div> <div><a id="xx_6f541e02-145b-4442-80b8-adf4d990b3c8_1"></a> <div style="page-break-after: always; position: relative;"> <div style="clear: both;"></div> <div style="float: left; margin-left: 39pt; margin-top: 36pt; width: 516pt; min-height: 696pt;"> <div style="line-height: 22.02pt; margin-top: 12pt; text-align: center;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-weight: bold; margin-left: 0%; text-transform: uppercase;">THE FUND</span></div> <div style="line-height: 12.02pt; margin-top: 5.30pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;">Guggenheim Strategic Opportunities Fund (the &#8220;Fund&#8221;) is a diversified, closed-end management investment company </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">registered under the Investment Company Act of 1940, as amended (the &#8220;1940 Act&#8221;) that commenced operations on </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">July 26, 2007. The Fund was organized as a statutory trust on November 13, 2006, pursuant to a Certificate of Trust, and is </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">governed by the laws of the State of Delaware. Its principal office is located at 227 West Monroe Street, Chicago, Illinois 60606, </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">and its telephone number is (312) 827-0100.</span></div> <div style="line-height: 12.02pt; margin-top: 10.30pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;">Guggenheim Funds Investment Advisors, LLC (the &#8220;Investment Adviser&#8221;) serves as the Fund&#8217;s investment adviser and is </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">responsible for the management of the Fund. Guggenheim Partners Investment Management, LLC (the &#8220;Sub-Adviser&#8221;) is </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">responsible for the management of the Fund&#8217;s portfolio of securities. Each of the Investment Adviser and the Sub-Adviser are </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">wholly-owned subsidiaries of Guggenheim Partners, LLC (&#8220;Guggenheim Partners&#8221;).</span></div> <div style="line-height: 12.02pt; margin-top: 10.30pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;">Shareholders approved the mergers of Guggenheim Enhanced Equity Income Fund and Guggenheim Credit Allocation </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">Fund, each a closed-end fund, with and into the Fund. Subject to the satisfaction of certain customary closing conditions, such </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">mergers are expected to be effective with the open of the New York Stock Exchange on October&#160;25, 2021. Shareholders of </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">Guggenheim Enhanced Equity Income Fund and Guggenheim Credit Allocation Fund will receive newly issued common shares </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">of the Fund, the aggregate net asset value (not the market value) of which will equal the aggregate net asset value of their </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">common shares held immediately prior to such mergers.</span></div> <div style="line-height: 12.02pt; margin-top: 10.30pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;">Except as otherwise noted, all percentage limitations set forth in this Prospectus apply immediately after a purchase or </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">initial investment and any subsequent change in any applicable percentage resulting from market fluctuations does not require </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">any action.</span></div> <div style="line-height: 22.02pt; margin-top: 7.30pt; text-align: center;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-weight: bold; margin-left: 0%; text-transform: uppercase;">USE OF PROCEEDS</span></div> <div style="line-height: 12.02pt; margin-top: 5.29pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;">Unless otherwise specified in a supplement to this Prospectus (each a &#8220;Prospectus Supplement&#8221;), the Fund intends to </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">invest the net proceeds of an offering of Common Shares in accordance with its investment objective and policies as stated </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">herein. It is currently anticipated that the Fund will be able to invest substantially all of the net proceeds of an offering of </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">Common Shares in accordance with its investment objective and policies within three months after the completion of such </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">offering. Pending such investment, it is anticipated that the proceeds will be invested in U.S. government securities or high </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">quality, short-term money market securities. The Fund may also use the proceeds for working capital purposes, including the </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">payment of distributions, interest and operating expenses, although the Fund currently has no intent to issue Common Shares </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">primarily for this purpose.</span></div> <div style="line-height: 22.02pt; margin-top: 7.30pt; text-align: center;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-weight: bold; margin-left: 0%; text-transform: uppercase;"> <span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-weight: bold; margin-left: 0%; text-transform: uppercase;">MARKET AND NET ASSET VALUE INFORMATION</span></span></div> <div style="line-height: 12.02pt; margin-top: 5.30pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;">The Fund&#8217;s currently outstanding Common Shares are, and the Common Shares offered by this Prospectus, will be, </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">subject to notice of issuance, listed on the New York Stock Exchange (the &#8220;NYSE&#8221;). The Fund&#8217;s Common Shares commenced </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">trading on the NYSE on July 27, 2007.</span></div> <div style="line-height: 12.02pt; margin-top: 10.30pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;">The Common Shares have traded both at a premium and at a discount in relation to the Fund&#8217;s net asset value per share. </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">Although the Common Shares recently have traded at a premium to net asset value, there can be no assurance that this will </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">continue after the offering nor that the Common Shares will not trade at a discount in the future. Shares of closed-end </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">investment companies frequently trade at a discount to net asset value. The Fund&#8217;s net asset value may be reduced immediately </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">following an offering of the Common Shares due to the costs of such offering, which will be borne entirely by the Fund. The </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">sale of Common Shares by the Fund (or the perception that such sales may occur) may have an adverse effect on prices of </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">Common Shares in the secondary market. An increase in the number of Common Shares available may put downward pressure </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">on the market price for Common Shares. See &#8220;Risks&#8212;Market Discount Risk.&#8221;</span></div> <ix:nonNumeric name="cef:SharePriceTableTextBlock" id="t_1_b01fcadb_cb84_3c15_0829_ef951baadad6" escape="true" continuedAt="t_1_b01fcadb_cb84_3c15_0829_ef951baadad6_1" contextRef="DefaultContext"> <div style="line-height: 12.02pt; margin-top: 10.30pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;">The following table sets forth, for each of the periods indicated, the high and low closing market prices for the Common </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">Shares on the NYSE, as well as the net asset value per Common Share and the premium or discount to net asset value per </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">Common Share at which the Common Shares were trading on the date of the high and low closing prices. The Fund calculates </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">its net asset value as of the close of business, usually 4:00&#160;p.m. Eastern Time, every day on which the NYSE is open. See &#8220;Net </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">Asset Value&#8221; for information as to the determination of the Fund&#8217;s net asset value.</span><span style="color: #000000; font-family: times new roman; font-size: 1pt; line-height: 1pt;">&#8195;</span></div> </ix:nonNumeric> </div> </div> <div style="clear: both;"></div> <div style="float: left; margin-left: 39pt; margin-top: 12pt; width: 516pt; min-height: 12pt;"> <div style="line-height: 10.02pt; text-align: center;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; line-height: 10.02pt; margin-left: 0%;">46</span></div> </div> </div> </div> <div style="float: left; margin-bottom: 5.0pt; width: 100%;"></div> <hr style="clear: both; margin: 40.0pt 0.25pt 0.25pt 0.25pt;" /> <div> <div><a id="xx_6f541e02-145b-4442-80b8-adf4d990b3c8_2"></a> <div style="page-break-after: always; position: relative;"> <div style="clear: both;"></div> <div style="float: left; min-height: 696pt; margin-left: 39pt; margin-top: 36pt; width: 516pt;"> <div style="line-height: 1.0pt; margin-top: 5pt; text-align: left;"></div> <div style="margin-top: 0.0pt;"> <ix:continuation id="t_1_b01fcadb_cb84_3c15_0829_ef951baadad6_1" continuedAt="t_1_b01fcadb_cb84_3c15_0829_ef951baadad6_2">
<table style="empty-cells: show; width: 516pt;" cellpadding="0" cellspacing="0">
<tr style="height: 34.37pt;">
<td style="padding-bottom: 1.35pt; padding-top: 1.35pt; vertical-align: Bottom; width: 207.05pt;"> <div style="line-height: 0.5pt; text-align: left;"> <div style="margin-left: 3pt; margin-right: 6pt; text-align: left; white-space: nowrap;"><span style="border-bottom: 0.5pt groove #000000; color: #000000; font-family: times new roman; font-size: 10.02pt; font-weight: bold; margin-left: 0.0pt;">&#160;</span></div> </div> </td>
<td colspan="2" style="padding-bottom: 1.35pt; padding-top: 1.35pt; vertical-align: Bottom; width: 79.10pt;"> <div style="line-height: 11.0pt; text-align: left;"> <div style="border-bottom: 0.5pt solid #000000; margin-left: 4pt; margin-right: 4pt; padding-bottom: 1pt;"> <div style="text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-weight: bold;">Market Price</span></div> </div> </div> </td>
<td colspan="2" style="padding-bottom: 1.35pt; padding-top: 1.35pt; vertical-align: Bottom; width: 117.72pt;"> <div style="line-height: 13.02pt; text-align: left;"> <div style="border-bottom: 0.5pt solid #000000; margin-left: 4pt; margin-right: 4pt; padding-bottom: 1pt;"> <div style="text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-weight: bold;">NAV per Common</span></div> <div style="text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-weight: bold;">Share on Date of Market</span></div> <div style="text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-weight: bold;">Price High and Low</span><span style="color: #000000; font-family: times new roman; font-size: 6.5pt; font-weight: bold; position: relative; top: -2.75pt;">(1)</span> <div style="clear: right;"></div> </div> </div> </div> </td>
<td colspan="2" style="padding-bottom: 1.35pt; padding-top: 1.35pt; vertical-align: Bottom; width: 112.15pt;"> <div style="line-height: 13.02pt; text-align: left;"> <div style="border-bottom: 0.5pt solid #000000; margin-left: 4pt; margin-right: 4pt; padding-bottom: 1pt;"> <div style="text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-weight: bold;">Premium/(Discount) on</span></div> <div style="text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-weight: bold;">Date of Market Price</span></div> <div style="text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-weight: bold;">High and Low</span><span style="color: #000000; font-family: times new roman; font-size: 6.5pt; font-weight: bold; position: relative; top: -2.75pt;">(2)</span> <div style="clear: right;"></div> </div> </div> </div> </td> </tr>
<tr style="height: 15.7pt;">
<td style="padding-bottom: 1.35pt; padding-top: 1.35pt; vertical-align: Bottom; width: 207.05pt;"> <div style="line-height: 11.0pt; text-align: left;"> <div style="margin-left: 3pt; margin-right: 6pt; text-align: left; white-space: nowrap;"><span style="border-bottom: 0.5pt groove #000000; color: #000000; font-family: times new roman; font-size: 10.02pt; font-weight: bold; margin-left: 0.0pt;">During Quarter Ended</span></div> </div> </td>
<td style="padding-bottom: 1.35pt; padding-top: 1.35pt; vertical-align: Bottom; width: 39.55pt;"> <div style="line-height: 11.0pt; text-align: left;"> <div style="border-bottom: 0.5pt solid #000000; margin-left: 4pt; margin-right: 4pt; padding-bottom: 1pt;"> <div style="text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-weight: bold;">High</span></div> </div> </div> </td>
<td style="padding-bottom: 1.35pt; padding-top: 1.35pt; vertical-align: Bottom; width: 39.55pt;"> <div style="line-height: 11.0pt; text-align: left;"> <div style="border-bottom: 0.5pt solid #000000; margin-left: 4pt; margin-right: 4pt; padding-bottom: 1pt;"> <div style="text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-weight: bold;">Low</span></div> </div> </div> </td>
<td style="padding-bottom: 1.35pt; padding-top: 1.35pt; vertical-align: Bottom; width: 58.86pt;"> <div style="line-height: 11.0pt; text-align: left;"> <div style="border-bottom: 0.5pt solid #000000; margin-left: 4pt; margin-right: 4pt; padding-bottom: 1pt;"> <div style="text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-weight: bold;">High</span></div> </div> </div> </td>
<td style="padding-bottom: 1.35pt; padding-top: 1.35pt; vertical-align: Bottom; width: 58.86pt;"> <div style="line-height: 11.0pt; text-align: left;"> <div style="border-bottom: 0.5pt solid #000000; margin-left: 4pt; margin-right: 4pt; padding-bottom: 1pt;"> <div style="text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-weight: bold;">Low</span></div> </div> </div> </td>
<td style="padding-bottom: 1.35pt; padding-top: 1.35pt; vertical-align: Bottom; width: 52.74pt;"> <div style="line-height: 11.0pt; text-align: left;"> <div style="border-bottom: 0.5pt solid #000000; margin-left: 4pt; margin-right: 4pt; padding-bottom: 1pt;"> <div style="text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-weight: bold;">High</span></div> </div> </div> </td>
<td style="padding-bottom: 1.35pt; padding-top: 1.35pt; vertical-align: Bottom; width: 59.41pt;"> <div style="line-height: 11.0pt; text-align: left;"> <div style="border-bottom: 0.5pt solid #000000; margin-left: 4pt; margin-right: 4pt; padding-bottom: 1pt;"> <div style="text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-weight: bold;">Low</span></div> </div> </div> </td> </tr>
<tr style="height: 14.35pt;">
<td style="background-color: #adfffc; padding-bottom: 4pt; padding-top: 1.35pt; vertical-align: Bottom; width: 207.05pt;"> <div style="line-height: 10pt; text-align: left;"> <div style="margin-left: 3pt; margin-right: 6pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">August 31, 2021</span></div> </div> </td>
<td style="background-color: #adfffc; padding-bottom: 4pt; padding-top: 1.35pt; vertical-align: Bottom; width: 39.55pt;"> <div style="line-height: 10pt; text-align: left;"> <div style="margin-left: 6.00pt; margin-right: 6.00pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">$</span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"><ix:nonFraction name="cef:HighestPriceOrBid" id="h_1_34a178b1_fb6c_5cf0_2266_5ed56507e399" contextRef="Q22021_CommonSharesMember" unitRef="USD_shares" decimals="INF" scale="0" format="ixt:numdotdecimal">21.98</ix:nonFraction></span></div> </div> </td>
<td style="background-color: #adfffc; padding-bottom: 4pt; padding-top: 1.35pt; vertical-align: Bottom; width: 39.55pt;"> <div style="line-height: 10pt; text-align: left;"> <div style="margin-left: 6.00pt; margin-right: 6.00pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">$</span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"><ix:nonFraction name="cef:LowestPriceOrBid" id="h_5_90fdf97d_2b95_a5f2_5c8e_20f354f08a01" contextRef="Q22021_CommonSharesMember" unitRef="USD_shares" decimals="INF" scale="0" format="ixt:numdotdecimal">20.92</ix:nonFraction></span></div> </div> </td>
<td style="background-color: #adfffc; padding-bottom: 4pt; padding-top: 1.35pt; vertical-align: Bottom; width: 58.86pt;"> <div style="line-height: 10pt; text-align: left;"> <div style="margin-left: 15.655pt; margin-right: 15.655pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.00pt;">$</span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"><ix:nonFraction name="cef:HighestPriceOrBidNav" id="h_19_0aeb826e_cff1_0903_73ac_5df3a14e0ec1" contextRef="Q22021_CommonSharesMember" unitRef="USD_shares" decimals="INF" scale="0" format="ixt:numdotdecimal">17.21</ix:nonFraction></span></div> </div> </td>
<td style="background-color: #adfffc; padding-bottom: 4pt; padding-top: 1.35pt; vertical-align: Bottom; width: 58.86pt;"> <div style="line-height: 10pt; text-align: left;"> <div style="margin-left: 15.655pt; margin-right: 15.655pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.00pt;">$</span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"><ix:nonFraction name="cef:LowestPriceOrBidNav" id="h_28_6246f8e4_325b_57ba_ed5b_174d2e9537f9" contextRef="Q22021_CommonSharesMember" unitRef="USD_shares" decimals="INF" scale="0" format="ixt:numdotdecimal">16.98</ix:nonFraction></span></div> </div> </td>
<td style="background-color: #adfffc; padding-bottom: 4pt; padding-top: 1.35pt; vertical-align: Bottom; width: 52.74pt;"> <div style="line-height: 10pt; text-align: left;"> <div style="margin-left: 10.93pt; margin-right: 10.93pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.00pt; margin-right: -10.02pt;"><ix:nonFraction name="cef:HighestPriceOrBidPremiumDiscountToNavPercent" id="h_37_9fe0f359_5a2c_5ce8_361f_8c53d58782e1" contextRef="Q22021_CommonSharesMember" unitRef="pure" decimals="4" scale="-2" format="ixt:numdotdecimal">27.72</ix:nonFraction>%</span></div> </div> </td>
<td style="background-color: #adfffc; padding-bottom: 4pt; padding-top: 1.35pt; vertical-align: Bottom; width: 59.41pt;"> <div style="line-height: 10pt; text-align: left;"> <div style="margin-left: 4pt; margin-right: 4pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 3.33pt; margin-right: -10.02pt;"><ix:nonFraction name="cef:LowestPriceOrBidPremiumDiscountToNavPercent" id="h_46_e4a3af2b_5f9f_8fa9_4877_adf368457923" contextRef="Q22021_CommonSharesMember" unitRef="pure" decimals="4" scale="-2" format="ixt:numdotdecimal">23.20</ix:nonFraction>%</span></div> </div> </td> </tr>
<tr style="height: 13pt;">
<td style="padding-bottom: 4pt; padding-top: 4pt; vertical-align: Bottom; width: 207.05pt;"> <div style="line-height: 10pt; text-align: left;"> <div style="margin-left: 3pt; margin-right: 6pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">May 31, 2021</span></div> </div> </td>
<td style="padding-bottom: 4pt; padding-top: 4pt; vertical-align: Bottom; width: 39.55pt;"> <div style="line-height: 10pt; text-align: left;"> <div style="margin-left: 6.00pt; margin-right: 6.00pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">$</span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"><ix:nonFraction name="cef:HighestPriceOrBid" id="h_2_3baef12d_21bf_95cb_5e4c_256493393fad" contextRef="Q12021_CommonSharesMember" unitRef="USD_shares" decimals="INF" scale="0" format="ixt:numdotdecimal">21.95</ix:nonFraction></span></div> </div> </td>
<td style="padding-bottom: 4pt; padding-top: 4pt; vertical-align: Bottom; width: 39.55pt;"> <div style="line-height: 10pt; text-align: left;"> <div style="margin-left: 6.00pt; margin-right: 6.00pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">$</span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"><ix:nonFraction name="cef:LowestPriceOrBid" id="h_6_54d9ede4_9614_28de_86c5_6f26d8ddf670" contextRef="Q12021_CommonSharesMember" unitRef="USD_shares" decimals="INF" scale="0" format="ixt:numdotdecimal">19.24</ix:nonFraction></span></div> </div> </td>
<td style="padding-bottom: 4pt; padding-top: 4pt; vertical-align: Bottom; width: 58.86pt;"> <div style="line-height: 10pt; text-align: left;"> <div style="margin-left: 15.655pt; margin-right: 15.655pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">$</span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"><ix:nonFraction name="cef:HighestPriceOrBidNav" id="h_20_688724f0_c713_d5e6_077d_a0104c3dae79" contextRef="Q12021_CommonSharesMember" unitRef="USD_shares" decimals="INF" scale="0" format="ixt:numdotdecimal">17.10</ix:nonFraction></span></div> </div> </td>
<td style="padding-bottom: 4pt; padding-top: 4pt; vertical-align: Bottom; width: 58.86pt;"> <div style="line-height: 10pt; text-align: left;"> <div style="margin-left: 15.655pt; margin-right: 15.655pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">$</span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"><ix:nonFraction name="cef:LowestPriceOrBidNav" id="h_29_8348b7a0_a375_514e_6a0a_837b67752758" contextRef="Q12021_CommonSharesMember" unitRef="USD_shares" decimals="INF" scale="0" format="ixt:numdotdecimal">16.94</ix:nonFraction></span></div> </div> </td>
<td style="padding-bottom: 4pt; padding-top: 4pt; vertical-align: Bottom; width: 52.74pt;"> <div style="line-height: 10pt; text-align: left;"> <div style="margin-left: 10.93pt; margin-right: 10.93pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-right: -10.02pt;"><ix:nonFraction name="cef:HighestPriceOrBidPremiumDiscountToNavPercent" id="h_38_f8af7538_a617_2384_88dc_c02a0dcf8fd0" contextRef="Q12021_CommonSharesMember" unitRef="pure" decimals="4" scale="-2" format="ixt:numdotdecimal">28.36</ix:nonFraction>%</span></div> </div> </td>
<td style="padding-bottom: 4pt; padding-top: 4pt; vertical-align: Bottom; width: 59.41pt;"> <div style="line-height: 10pt; text-align: left;"> <div style="margin-left: 4pt; margin-right: 4pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 3.34pt; margin-right: -10.02pt;"><ix:nonFraction name="cef:LowestPriceOrBidPremiumDiscountToNavPercent" id="h_47_28ea45f4_3b16_c937_a51b_6569cf9cff00" contextRef="Q12021_CommonSharesMember" unitRef="pure" decimals="4" scale="-2" format="ixt:numdotdecimal">13.58</ix:nonFraction>%</span></div> </div> </td> </tr>
<tr style="height: 13pt;">
<td style="background-color: #adfffc; padding-bottom: 4pt; padding-top: 4pt; vertical-align: Bottom; width: 207.05pt;"> <div style="line-height: 10pt; text-align: left;"> <div style="margin-left: 3pt; margin-right: 6pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">February 28, 2021</span></div> </div> </td>
<td style="background-color: #adfffc; padding-bottom: 4pt; padding-top: 4pt; vertical-align: Bottom; width: 39.55pt;"> <div style="line-height: 10pt; text-align: left;"> <div style="margin-left: 6.00pt; margin-right: 6.00pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">$</span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"><ix:nonFraction name="cef:HighestPriceOrBid" id="h_3_d20352c6_0fec_29a0_197c_e17224e1fa88" contextRef="Q42021_CommonSharesMember" unitRef="USD_shares" decimals="INF" scale="0" format="ixt:numdotdecimal">21.10</ix:nonFraction></span></div> </div> </td>
<td style="background-color: #adfffc; padding-bottom: 4pt; padding-top: 4pt; vertical-align: Bottom; width: 39.55pt;"> <div style="line-height: 10pt; text-align: left;"> <div style="margin-left: 6.00pt; margin-right: 6.00pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">$</span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"><ix:nonFraction name="cef:LowestPriceOrBid" id="h_7_77922608_65c9_e630_7c55_43054f1c1b3f" contextRef="Q42021_CommonSharesMember" unitRef="USD_shares" decimals="INF" scale="0" format="ixt:numdotdecimal">18.77</ix:nonFraction></span></div> </div> </td>
<td style="background-color: #adfffc; padding-bottom: 4pt; padding-top: 4pt; vertical-align: Bottom; width: 58.86pt;"> <div style="line-height: 10pt; text-align: left;"> <div style="margin-left: 15.655pt; margin-right: 15.655pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.00pt;">$</span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"><ix:nonFraction name="cef:HighestPriceOrBidNav" id="h_21_4aab7e36_fd44_d971_818b_8f04271017a5" contextRef="Q42021_CommonSharesMember" unitRef="USD_shares" decimals="INF" scale="0" format="ixt:numdotdecimal">17.43</ix:nonFraction></span></div> </div> </td>
<td style="background-color: #adfffc; padding-bottom: 4pt; padding-top: 4pt; vertical-align: Bottom; width: 58.86pt;"> <div style="line-height: 10pt; text-align: left;"> <div style="margin-left: 15.655pt; margin-right: 15.655pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.00pt;">$</span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"><ix:nonFraction name="cef:LowestPriceOrBidNav" id="h_30_8991623c_3ff9_803e_a1a2_0db2a3a04324" contextRef="Q42021_CommonSharesMember" unitRef="USD_shares" decimals="INF" scale="0" format="ixt:numdotdecimal">16.69</ix:nonFraction></span></div> </div> </td>
<td style="background-color: #adfffc; padding-bottom: 4pt; padding-top: 4pt; vertical-align: Bottom; width: 52.74pt;"> <div style="line-height: 10pt; text-align: left;"> <div style="margin-left: 10.93pt; margin-right: 10.93pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.00pt; margin-right: -10.02pt;"><ix:nonFraction name="cef:HighestPriceOrBidPremiumDiscountToNavPercent" id="h_39_f46efae3_7a09_b02f_7155_8506e317de24" contextRef="Q42021_CommonSharesMember" unitRef="pure" decimals="4" scale="-2" format="ixt:numdotdecimal">21.06</ix:nonFraction>%</span></div> </div> </td>
<td style="background-color: #adfffc; padding-bottom: 4pt; padding-top: 4pt; vertical-align: Bottom; width: 59.41pt;"> <div style="line-height: 10pt; text-align: left;"> <div style="margin-left: 4pt; margin-right: 4pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 3.33pt; margin-right: -10.02pt;"><ix:nonFraction name="cef:LowestPriceOrBidPremiumDiscountToNavPercent" id="h_48_74511f53_aea2_c6a3_90c0_9bd334f3176c" contextRef="Q42021_CommonSharesMember" unitRef="pure" decimals="4" scale="-2" format="ixt:numdotdecimal">12.46</ix:nonFraction>%</span></div> </div> </td> </tr>
<tr style="height: 13pt;">
<td style="padding-bottom: 4pt; padding-top: 4pt; vertical-align: Bottom; width: 207.05pt;"> <div style="line-height: 10pt; text-align: left;"> <div style="margin-left: 3pt; margin-right: 6pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">November 30, 2020</span></div> </div> </td>
<td style="padding-bottom: 4pt; padding-top: 4pt; vertical-align: Bottom; width: 39.55pt;"> <div style="line-height: 10pt; text-align: left;"> <div style="margin-left: 6.00pt; margin-right: 6.00pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">$</span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"><ix:nonFraction name="cef:HighestPriceOrBid" id="h_4_2937abc8_bb83_8a69_8fab_f04a25d4b3b5" contextRef="Q32020_CommonSharesMember" unitRef="USD_shares" decimals="INF" scale="0" format="ixt:numdotdecimal">18.64</ix:nonFraction></span></div> </div> </td>
<td style="padding-bottom: 4pt; padding-top: 4pt; vertical-align: Bottom; width: 39.55pt;"> <div style="line-height: 10pt; text-align: left;"> <div style="margin-left: 6.00pt; margin-right: 6.00pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">$</span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"><ix:nonFraction name="cef:LowestPriceOrBid" id="h_8_e9e21b53_6b8d_abf1_548c_2f32cf7f44e2" contextRef="Q32020_CommonSharesMember" unitRef="USD_shares" decimals="INF" scale="0" format="ixt:numdotdecimal">17.48</ix:nonFraction></span></div> </div> </td>
<td style="padding-bottom: 4pt; padding-top: 4pt; vertical-align: Bottom; width: 58.86pt;"> <div style="line-height: 10pt; text-align: left;"> <div style="margin-left: 15.655pt; margin-right: 15.655pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">$</span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"><ix:nonFraction name="cef:HighestPriceOrBidNav" id="h_22_1bdde45a_3c5a_d1e5_8243_9bd9236de5ac" contextRef="Q32020_CommonSharesMember" unitRef="USD_shares" decimals="INF" scale="0" format="ixt:numdotdecimal">16.68</ix:nonFraction></span></div> </div> </td>
<td style="padding-bottom: 4pt; padding-top: 4pt; vertical-align: Bottom; width: 58.86pt;"> <div style="line-height: 10pt; text-align: left;"> <div style="margin-left: 15.655pt; margin-right: 15.655pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">$</span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"><ix:nonFraction name="cef:LowestPriceOrBidNav" id="h_31_a4070b74_dab2_7cf0_c3dd_b4a818b46892" contextRef="Q32020_CommonSharesMember" unitRef="USD_shares" decimals="INF" scale="0" format="ixt:numdotdecimal">16.03</ix:nonFraction></span></div> </div> </td>
<td style="padding-bottom: 4pt; padding-top: 4pt; vertical-align: Bottom; width: 52.74pt;"> <div style="line-height: 10pt; text-align: left;"> <div style="margin-left: 10.93pt; margin-right: 10.93pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-right: -10.02pt;"><ix:nonFraction name="cef:HighestPriceOrBidPremiumDiscountToNavPercent" id="h_40_f041974f_1fdc_ae25_9768_3e055638e814" contextRef="Q32020_CommonSharesMember" unitRef="pure" decimals="4" scale="-2" format="ixt:numdotdecimal">11.75</ix:nonFraction>%</span></div> </div> </td>
<td style="padding-bottom: 4pt; padding-top: 4pt; vertical-align: Bottom; width: 59.41pt;"> <div style="line-height: 10pt; text-align: left;"> <div style="margin-left: 4pt; margin-right: 4pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 8.34pt; margin-right: -10.02pt;"><ix:nonFraction name="cef:LowestPriceOrBidPremiumDiscountToNavPercent" id="h_49_b2568e71_3660_b2ec_aad4_bd2766ded8b6" contextRef="Q32020_CommonSharesMember" unitRef="pure" decimals="4" scale="-2" format="ixt:numdotdecimal">9.05</ix:nonFraction>%</span></div> </div> </td> </tr>
<tr style="height: 13pt;">
<td style="background-color: #adfffc; padding-bottom: 4pt; padding-top: 4pt; vertical-align: Bottom; width: 207.05pt;"> <div style="line-height: 10pt; text-align: left;"> <div style="margin-left: 3pt; margin-right: 6pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">August 31, 2020</span></div> </div> </td>
<td style="background-color: #adfffc; padding-bottom: 4pt; padding-top: 4pt; vertical-align: Bottom; width: 39.55pt;"> <div style="line-height: 10pt; text-align: left;"> <div style="margin-left: 6.00pt; margin-right: 6.00pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">$</span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"><ix:nonFraction name="cef:HighestPriceOrBid" id="h_9_85990f32_1a62_b8a2_37db_f6344eb017f6" contextRef="Q22020_CommonSharesMember" unitRef="USD_shares" decimals="INF" scale="0" format="ixt:numdotdecimal">18.46</ix:nonFraction></span></div> </div> </td>
<td style="background-color: #adfffc; padding-bottom: 4pt; padding-top: 4pt; vertical-align: Bottom; width: 39.55pt;"> <div style="line-height: 10pt; text-align: left;"> <div style="margin-left: 6.00pt; margin-right: 6.00pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">$</span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"><ix:nonFraction name="cef:LowestPriceOrBid" id="h_14_437a17d5_a16d_eeba_074c_33f4d8f3b1f8" contextRef="Q22020_CommonSharesMember" unitRef="USD_shares" decimals="INF" scale="0" format="ixt:numdotdecimal">16.48</ix:nonFraction></span></div> </div> </td>
<td style="background-color: #adfffc; padding-bottom: 4pt; padding-top: 4pt; vertical-align: Bottom; width: 58.86pt;"> <div style="line-height: 10pt; text-align: left;"> <div style="margin-left: 15.655pt; margin-right: 15.655pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.00pt;">$</span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"><ix:nonFraction name="cef:HighestPriceOrBidNav" id="h_23_d2efa018_384b_0c6b_0649_042fd55effd8" contextRef="Q22020_CommonSharesMember" unitRef="USD_shares" decimals="INF" scale="0" format="ixt:numdotdecimal">16.15</ix:nonFraction></span></div> </div> </td>
<td style="background-color: #adfffc; padding-bottom: 4pt; padding-top: 4pt; vertical-align: Bottom; width: 58.86pt;"> <div style="line-height: 10pt; text-align: left;"> <div style="margin-left: 15.655pt; margin-right: 15.655pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.00pt;">$</span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"><ix:nonFraction name="cef:LowestPriceOrBidNav" id="h_32_53acc8b5_8045_42ce_0a9b_badc4b7a998e" contextRef="Q22020_CommonSharesMember" unitRef="USD_shares" decimals="INF" scale="0" format="ixt:numdotdecimal">15.44</ix:nonFraction></span></div> </div> </td>
<td style="background-color: #adfffc; padding-bottom: 4pt; padding-top: 4pt; vertical-align: Bottom; width: 52.74pt;"> <div style="line-height: 10pt; text-align: left;"> <div style="margin-left: 10.93pt; margin-right: 10.93pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.00pt; margin-right: -10.02pt;"><ix:nonFraction name="cef:HighestPriceOrBidPremiumDiscountToNavPercent" id="h_41_c6a80d9a_165e_f8ba_25ff_558dcdabf73b" contextRef="Q22020_CommonSharesMember" unitRef="pure" decimals="4" scale="-2" format="ixt:numdotdecimal">14.30</ix:nonFraction>%</span></div> </div> </td>
<td style="background-color: #adfffc; padding-bottom: 4pt; padding-top: 4pt; vertical-align: Bottom; width: 59.41pt;"> <div style="line-height: 10pt; text-align: left;"> <div style="margin-left: 4pt; margin-right: 4pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 8.34pt; margin-right: -10.02pt;"><ix:nonFraction name="cef:LowestPriceOrBidPremiumDiscountToNavPercent" id="h_50_a5f4329f_7e4f_9116_e37e_a354f4ddc865" contextRef="Q22020_CommonSharesMember" unitRef="pure" decimals="4" scale="-2" format="ixt:numdotdecimal">6.74</ix:nonFraction>%</span></div> </div> </td> </tr>
<tr style="height: 13pt;">
<td style="padding-bottom: 4pt; padding-top: 4pt; vertical-align: Bottom; width: 207.05pt;"> <div style="line-height: 10pt; text-align: left;"> <div style="margin-left: 3pt; margin-right: 6pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">May 31, 2020</span></div> </div> </td>
<td style="padding-bottom: 4pt; padding-top: 4pt; vertical-align: Bottom; width: 39.55pt;"> <div style="line-height: 10pt; text-align: left;"> <div style="margin-left: 6.00pt; margin-right: 6.00pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">$</span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"><ix:nonFraction name="cef:HighestPriceOrBid" id="h_10_4d712f37_fbdd_29d2_ef98_abbe509e4ff2" contextRef="Q12020_CommonSharesMember" unitRef="USD_shares" decimals="INF" scale="0" format="ixt:numdotdecimal">18.01</ix:nonFraction></span></div> </div> </td>
<td style="padding-bottom: 4pt; padding-top: 4pt; vertical-align: Bottom; width: 39.55pt;"> <div style="line-height: 10pt; text-align: left;"> <div style="margin-left: 6.00pt; margin-right: 6.00pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">$</span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"><ix:nonFraction name="cef:LowestPriceOrBid" id="h_15_3a220d20_5c60_890f_554b_943f40e5c6c4" contextRef="Q12020_CommonSharesMember" unitRef="USD_shares" decimals="INF" scale="0" format="ixt:numdotdecimal">11.82</ix:nonFraction></span></div> </div> </td>
<td style="padding-bottom: 4pt; padding-top: 4pt; vertical-align: Bottom; width: 58.86pt;"> <div style="line-height: 10pt; text-align: left;"> <div style="margin-left: 15.655pt; margin-right: 15.655pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">$</span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"><ix:nonFraction name="cef:HighestPriceOrBidNav" id="h_24_15bbc83c_dd3e_e895_acb0_6369b7604363" contextRef="Q12020_CommonSharesMember" unitRef="USD_shares" decimals="INF" scale="0" format="ixt:numdotdecimal">17.00</ix:nonFraction></span></div> </div> </td>
<td style="padding-bottom: 4pt; padding-top: 4pt; vertical-align: Bottom; width: 58.86pt;"> <div style="line-height: 10pt; text-align: left;"> <div style="margin-left: 15.655pt; margin-right: 15.655pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">$</span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"><ix:nonFraction name="cef:LowestPriceOrBidNav" id="h_33_8db48d28_6540_ee7c_35cb_2b6596b979aa" contextRef="Q12020_CommonSharesMember" unitRef="USD_shares" decimals="INF" scale="0" format="ixt:numdotdecimal">15.25</ix:nonFraction></span></div> </div> </td>
<td style="padding-bottom: 4pt; padding-top: 4pt; vertical-align: Bottom; width: 52.74pt;"> <div style="line-height: 10pt; text-align: left;"> <div style="margin-left: 10.93pt; margin-right: 10.93pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 5.01pt; margin-right: -10.02pt;"><ix:nonFraction name="cef:HighestPriceOrBidPremiumDiscountToNavPercent" id="h_42_2ea77810_2ca5_788f_b6b3_e6f0ce5e571d" contextRef="Q12020_CommonSharesMember" unitRef="pure" decimals="4" scale="-2" format="ixt:numdotdecimal">5.94</ix:nonFraction>%</span></div> </div> </td>
<td style="padding-bottom: 4pt; padding-top: 4pt; vertical-align: Bottom; width: 59.41pt;"> <div style="line-height: 10pt; text-align: left;"> <div style="margin-left: 4pt; margin-right: 4pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-right: -12.52pt;">(<ix:nonFraction name="cef:LowestPriceOrBidPremiumDiscountToNavPercent" id="h_51_a495e1b3_3dbf_cb81_1ef9_5cf08aa72eaf" contextRef="Q12020_CommonSharesMember" unitRef="pure" decimals="4" scale="-2" format="ixt:numdotdecimal" sign="-">22.49</ix:nonFraction>)%</span></div> </div> </td> </tr>
<tr style="height: 13pt;">
<td style="background-color: #adfffc; padding-bottom: 4pt; padding-top: 4pt; vertical-align: Bottom; width: 207.05pt;"> <div style="line-height: 10pt; text-align: left;"> <div style="margin-left: 3pt; margin-right: 6pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">February 29, 2020</span></div> </div> </td>
<td style="background-color: #adfffc; padding-bottom: 4pt; padding-top: 4pt; vertical-align: Bottom; width: 39.55pt;"> <div style="line-height: 10pt; text-align: left;"> <div style="margin-left: 6.00pt; margin-right: 6.00pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">$</span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"><ix:nonFraction name="cef:HighestPriceOrBid" id="h_11_e19409cd_e739_8196_42e7_da6a5106d1f4" contextRef="Q42020_CommonSharesMember" unitRef="USD_shares" decimals="INF" scale="0" format="ixt:numdotdecimal">19.47</ix:nonFraction></span></div> </div> </td>
<td style="background-color: #adfffc; padding-bottom: 4pt; padding-top: 4pt; vertical-align: Bottom; width: 39.55pt;"> <div style="line-height: 10pt; text-align: left;"> <div style="margin-left: 6.00pt; margin-right: 6.00pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">$</span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"><ix:nonFraction name="cef:LowestPriceOrBid" id="h_16_3eef6fd0_53c6_a66f_79fa_03fe0f6af684" contextRef="Q42020_CommonSharesMember" unitRef="USD_shares" decimals="INF" scale="0" format="ixt:numdotdecimal">17.08</ix:nonFraction></span></div> </div> </td>
<td style="background-color: #adfffc; padding-bottom: 4pt; padding-top: 4pt; vertical-align: Bottom; width: 58.86pt;"> <div style="line-height: 10pt; text-align: left;"> <div style="margin-left: 15.655pt; margin-right: 15.655pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.00pt;">$</span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"><ix:nonFraction name="cef:HighestPriceOrBidNav" id="h_25_ac8d3621_b34a_e77c_2649_899cc1a57642" contextRef="Q42020_CommonSharesMember" unitRef="USD_shares" decimals="INF" scale="0" format="ixt:numdotdecimal">17.14</ix:nonFraction></span></div> </div> </td>
<td style="background-color: #adfffc; padding-bottom: 4pt; padding-top: 4pt; vertical-align: Bottom; width: 58.86pt;"> <div style="line-height: 10pt; text-align: left;"> <div style="margin-left: 15.655pt; margin-right: 15.655pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.00pt;">$</span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"><ix:nonFraction name="cef:LowestPriceOrBidNav" id="h_34_0e65c03d_9983_2b10_1e7d_1c85d4c7b09f" contextRef="Q42020_CommonSharesMember" unitRef="USD_shares" decimals="INF" scale="0" format="ixt:numdotdecimal">16.91</ix:nonFraction></span></div> </div> </td>
<td style="background-color: #adfffc; padding-bottom: 4pt; padding-top: 4pt; vertical-align: Bottom; width: 52.74pt;"> <div style="line-height: 10pt; text-align: left;"> <div style="margin-left: 10.93pt; margin-right: 10.93pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.00pt; margin-right: -10.02pt;"><ix:nonFraction name="cef:HighestPriceOrBidPremiumDiscountToNavPercent" id="h_43_3d70c64e_c033_6316_60a4_bad98cb9af87" contextRef="Q42020_CommonSharesMember" unitRef="pure" decimals="4" scale="-2" format="ixt:numdotdecimal">13.59</ix:nonFraction>%</span></div> </div> </td>
<td style="background-color: #adfffc; padding-bottom: 4pt; padding-top: 4pt; vertical-align: Bottom; width: 59.41pt;"> <div style="line-height: 10pt; text-align: left;"> <div style="margin-left: 4pt; margin-right: 4pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 8.34pt; margin-right: -10.02pt;"><ix:nonFraction name="cef:LowestPriceOrBidPremiumDiscountToNavPercent" id="h_52_03347b28_599f_f4e0_3927_f56fba40ed2b" contextRef="Q42020_CommonSharesMember" unitRef="pure" decimals="4" scale="-2" format="ixt:numdotdecimal">1.01</ix:nonFraction>%</span></div> </div> </td> </tr>
<tr style="height: 13pt;">
<td style="padding-bottom: 4pt; padding-top: 4pt; vertical-align: Bottom; width: 207.05pt;"> <div style="line-height: 10pt; text-align: left;"> <div style="margin-left: 3pt; margin-right: 6pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">November 30, 2019</span></div> </div> </td>
<td style="padding-bottom: 4pt; padding-top: 4pt; vertical-align: Bottom; width: 39.55pt;"> <div style="line-height: 10pt; text-align: left;"> <div style="margin-left: 6.00pt; margin-right: 6.00pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">$</span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"><ix:nonFraction name="cef:HighestPriceOrBid" id="h_12_3ed5ad06_8723_648e_048b_31b2f8a00ea8" contextRef="Q32019_CommonSharesMember" unitRef="USD_shares" decimals="INF" scale="0" format="ixt:numdotdecimal">19.77</ix:nonFraction></span></div> </div> </td>
<td style="padding-bottom: 4pt; padding-top: 4pt; vertical-align: Bottom; width: 39.55pt;"> <div style="line-height: 10pt; text-align: left;"> <div style="margin-left: 6.00pt; margin-right: 6.00pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">$</span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"><ix:nonFraction name="cef:LowestPriceOrBid" id="h_17_a1e08afd_bf08_16a7_53d5_21eb1e84be59" contextRef="Q32019_CommonSharesMember" unitRef="USD_shares" decimals="INF" scale="0" format="ixt:numdotdecimal">18.56</ix:nonFraction></span></div> </div> </td>
<td style="padding-bottom: 4pt; padding-top: 4pt; vertical-align: Bottom; width: 58.86pt;"> <div style="line-height: 10pt; text-align: left;"> <div style="margin-left: 15.655pt; margin-right: 15.655pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">$</span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"><ix:nonFraction name="cef:HighestPriceOrBidNav" id="h_26_e344dc4d_1812_4d05_44bf_cdddb17e80d9" contextRef="Q32019_CommonSharesMember" unitRef="USD_shares" decimals="INF" scale="0" format="ixt:numdotdecimal">17.63</ix:nonFraction></span></div> </div> </td>
<td style="padding-bottom: 4pt; padding-top: 4pt; vertical-align: Bottom; width: 58.86pt;"> <div style="line-height: 10pt; text-align: left;"> <div style="margin-left: 15.655pt; margin-right: 15.655pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">$</span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"><ix:nonFraction name="cef:LowestPriceOrBidNav" id="h_35_2b275481_4024_ad58_1671_98478258099d" contextRef="Q32019_CommonSharesMember" unitRef="USD_shares" decimals="INF" scale="0" format="ixt:numdotdecimal">17.46</ix:nonFraction></span></div> </div> </td>
<td style="padding-bottom: 4pt; padding-top: 4pt; vertical-align: Bottom; width: 52.74pt;"> <div style="line-height: 10pt; text-align: left;"> <div style="margin-left: 10.93pt; margin-right: 10.93pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-right: -10.02pt;"><ix:nonFraction name="cef:HighestPriceOrBidPremiumDiscountToNavPercent" id="h_44_8d1d5bb7_5312_2ec9_9c1d_dcaad1c5ff82" contextRef="Q32019_CommonSharesMember" unitRef="pure" decimals="4" scale="-2" format="ixt:numdotdecimal">12.14</ix:nonFraction>%</span></div> </div> </td>
<td style="padding-bottom: 4pt; padding-top: 4pt; vertical-align: Bottom; width: 59.41pt;"> <div style="line-height: 10pt; text-align: left;"> <div style="margin-left: 4pt; margin-right: 4pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 8.34pt; margin-right: -10.02pt;"><ix:nonFraction name="cef:LowestPriceOrBidPremiumDiscountToNavPercent" id="h_53_0221da45_6993_a025_b2a3_88dd3cb4e7b1" contextRef="Q32019_CommonSharesMember" unitRef="pure" decimals="4" scale="-2" format="ixt:numdotdecimal">6.30</ix:nonFraction>%</span></div> </div> </td> </tr>
<tr style="height: 9pt;">
<td style="background-color: #adfffc; padding-bottom: 1.5pt; padding-top: 4pt; vertical-align: Bottom; width: 207.05pt;"> <div style="line-height: 10pt; text-align: left;"> <div style="margin-left: 3pt; margin-right: 6pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">August 31, 2019</span></div> </div> </td>
<td style="background-color: #adfffc; padding-bottom: 1.5pt; padding-top: 4pt; vertical-align: Bottom; width: 39.55pt;"> <div style="line-height: 10pt; text-align: left;"> <div style="margin-left: 6.00pt; margin-right: 6.00pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">$</span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"><ix:nonFraction name="cef:HighestPriceOrBid" id="h_13_f8ca7ba2_3c1d_f940_9dcd_c0b0704c471f" contextRef="Q22019_CommonSharesMember" unitRef="USD_shares" decimals="INF" scale="0" format="ixt:numdotdecimal">20.88</ix:nonFraction></span></div> </div> </td>
<td style="background-color: #adfffc; padding-bottom: 1.5pt; padding-top: 4pt; vertical-align: Bottom; width: 39.55pt;"> <div style="line-height: 10pt; text-align: left;"> <div style="margin-left: 6.00pt; margin-right: 6.00pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">$</span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"><ix:nonFraction name="cef:LowestPriceOrBid" id="h_18_880c091f_39d3_5d98_5f18_84f162c6886e" contextRef="Q22019_CommonSharesMember" unitRef="USD_shares" decimals="INF" scale="0" format="ixt:numdotdecimal">19.51</ix:nonFraction></span></div> </div> </td>
<td style="background-color: #adfffc; padding-bottom: 1.5pt; padding-top: 4pt; vertical-align: Bottom; width: 58.86pt;"> <div style="line-height: 10pt; text-align: left;"> <div style="margin-left: 15.655pt; margin-right: 15.655pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.00pt;">$</span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"><ix:nonFraction name="cef:HighestPriceOrBidNav" id="h_27_a9164056_c39b_567f_63e7_d93e9eb5db5c" contextRef="Q22019_CommonSharesMember" unitRef="USD_shares" decimals="INF" scale="0" format="ixt:numdotdecimal">17.81</ix:nonFraction></span></div> </div> </td>
<td style="background-color: #adfffc; padding-bottom: 1.5pt; padding-top: 4pt; vertical-align: Bottom; width: 58.86pt;"> <div style="line-height: 10pt; text-align: left;"> <div style="margin-left: 15.655pt; margin-right: 15.655pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.00pt;">$</span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"><ix:nonFraction name="cef:LowestPriceOrBidNav" id="h_36_8d802b33_e1c9_ba75_ff60_a800f6da1fa5" contextRef="Q22019_CommonSharesMember" unitRef="USD_shares" decimals="INF" scale="0" format="ixt:numdotdecimal">17.60</ix:nonFraction></span></div> </div> </td>
<td style="background-color: #adfffc; padding-bottom: 1.5pt; padding-top: 4pt; vertical-align: Bottom; width: 52.74pt;"> <div style="line-height: 10pt; text-align: left;"> <div style="margin-left: 10.93pt; margin-right: 10.93pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.00pt; margin-right: -10.02pt;"><ix:nonFraction name="cef:HighestPriceOrBidPremiumDiscountToNavPercent" id="h_45_a3e7dc3a_a459_e0d9_288e_6271bc9de1b0" contextRef="Q22019_CommonSharesMember" unitRef="pure" decimals="4" scale="-2" format="ixt:numdotdecimal">17.24</ix:nonFraction>%</span></div> </div> </td>
<td style="background-color: #adfffc; padding-bottom: 1.5pt; padding-top: 4pt; vertical-align: Bottom; width: 59.41pt;"> <div style="line-height: 10pt; text-align: left;"> <div style="margin-left: 4pt; margin-right: 4pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 3.33pt; margin-right: -10.02pt;"><ix:nonFraction name="cef:LowestPriceOrBidPremiumDiscountToNavPercent" id="h_54_3dd74a22_f818_c85b_8a02_e91812261613" contextRef="Q22019_CommonSharesMember" unitRef="pure" decimals="4" scale="-2" format="ixt:numdotdecimal">10.85</ix:nonFraction>%</span></div> </div> </td> </tr> </table> </ix:continuation> </div> <div> <div style="clear: both; margin-top: 9.90pt; position: relative; width: 100%;"> <ix:continuation id="t_1_b01fcadb_cb84_3c15_0829_ef951baadad6_2" continuedAt="t_1_b01fcadb_cb84_3c15_0829_ef951baadad6_3"> <div style="float: left; line-height: 12.02pt; text-align: left; width: 11.68pt;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">(1)</span></div> </ix:continuation> <ix:continuation id="t_1_b01fcadb_cb84_3c15_0829_ef951baadad6_3" continuedAt="t_1_b01fcadb_cb84_3c15_0829_ef951baadad6_4"> <div style="float: left; line-height: 12.02pt; margin-left: 12.32pt; text-align: left; width: 487.00pt;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"><ix:footnote id="f_0005_000001" xml:lang="en-US">Based on the Fund&#8217;s computations.</ix:footnote></span></div> </ix:continuation> </div> <div style="clear: both; position: relative;"></div> </div> <div> <div style="clear: both; margin-top: 9.90pt; position: relative; width: 100%;"> <ix:continuation id="t_1_b01fcadb_cb84_3c15_0829_ef951baadad6_4" continuedAt="t_1_b01fcadb_cb84_3c15_0829_ef951baadad6_5"> <div style="float: left; line-height: 12.02pt; text-align: left; width: 11.68pt;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">(2)</span></div> </ix:continuation> <ix:continuation id="t_1_b01fcadb_cb84_3c15_0829_ef951baadad6_5" continuedAt="t_1_b01fcadb_cb84_3c15_0829_ef951baadad6_6"> <div style="float: left; line-height: 12.02pt; margin-left: 12.32pt; text-align: left; width: 487.00pt;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"><ix:footnote id="f_0005_000002" xml:lang="en-US">Calculated based on the information presented. Percentages are rounded.</ix:footnote></span></div> </ix:continuation> </div> <div style="clear: both; position: relative;"></div> </div> <ix:continuation id="t_1_b01fcadb_cb84_3c15_0829_ef951baadad6_6"> <div style="line-height: 12.02pt; margin-top: 9.90pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;">The last reported sale price, net asset value per Common Share and percentage premium to net asset value per Common </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">Share on September 7, 2021 was $ <ix:nonFraction name="cef:LatestSharePrice" id="h_55_25f6ef0f_2c1a_3feb_33de_62017a335c8c" contextRef="I20210907_CommonSharesMember" unitRef="USD_shares" decimals="INF" scale="0">21.34</ix:nonFraction>, $<ix:nonFraction name="cef:LatestNav" id="h_56_2743f7ed_149d_f236_98e0_eb25c35d2561" contextRef="I20210907_CommonSharesMember" unitRef="USD_shares" decimals="INF" scale="0" format="ixt:numdotdecimal">17.10</ix:nonFraction> and <ix:nonFraction name="cef:LatestPremiumDiscountToNavPercent" id="h_57_c995eee5_4d2b_cbae_d2e9_30c3c1d7353b" contextRef="I20210907_CommonSharesMember" unitRef="pure" decimals="4" scale="-2" format="ixt:numdotdecimal">24.80</ix:nonFraction>%, respectively. The Fund cannot predict whether its Common </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">Shares will trade in the future at a premium to or discount from net asset value, or the level of any premium or discount. Shares </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">of closed-end investment companies frequently trade at a discount from net asset value. The Fund&#8217;s Common Shares have in the </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">past traded below their net asset value. As of September 7, 2021, 54,220,052 Common Shares of the Fund were outstanding.</span> </span></div> </ix:continuation> </div> <div style="line-height:22.02pt;margin-top:6.90pt;text-align:center;"><span style="color:#000000;font-family:times new roman;font-size:10.02pt;font-weight:bold;margin-left:0%;text-transform:uppercase"> <ix:nonNumeric name="cef:InvestmentObjectivesAndPracticesTextBlock" id="t_1_87861ab0_d21d_eefc_11d6_dba76cfdbb15" escape="true" continuedAt="t_1_87861ab0_d21d_eefc_11d6_dba76cfdbb15_1" contextRef="DefaultContext"> <div> <span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-weight: bold; margin-left: 0%; text-transform: uppercase;">INVESTMENT OBJECTIVE AND POLICIES</span></div> </ix:nonNumeric> </span></div> </div> <ix:continuation id="t_1_87861ab0_d21d_eefc_11d6_dba76cfdbb15_1" continuedAt="t_1_87861ab0_d21d_eefc_11d6_dba76cfdbb15_2"> <div style="line-height: 12.02pt; margin-top: 4.90pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-weight: bold;">Investment Objective</span></div> </ix:continuation> <ix:continuation id="t_1_87861ab0_d21d_eefc_11d6_dba76cfdbb15_2" continuedAt="t_1_87861ab0_d21d_eefc_11d6_dba76cfdbb15_3"> <div style="line-height: 12.02pt; margin-top: 9.90pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;">The Fund&#8217;s investment objective is to maximize total return through a combination of current income and capital </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">appreciation. The Fund&#8217;s investment objective is considered fundamental and may not be changed without the approval of a </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">majority of the outstanding voting securities (as defined in the 1940 Act) of the Fund. The Fund cannot ensure investors that it </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">will achieve its investment objective.</span></div> </ix:continuation> <ix:continuation id="t_1_87861ab0_d21d_eefc_11d6_dba76cfdbb15_3" continuedAt="t_1_87861ab0_d21d_eefc_11d6_dba76cfdbb15_4"> <div style="line-height: 12.02pt; margin-top: 10.00pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-weight: bold;">Investment Philosophy and Investment Process</span></div> </ix:continuation> <ix:continuation id="t_1_87861ab0_d21d_eefc_11d6_dba76cfdbb15_4" continuedAt="t_1_87861ab0_d21d_eefc_11d6_dba76cfdbb15_5"> <div style="line-height: 12.02pt; margin-top: 10.00pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;">The Fund will pursue a relative value-based investment philosophy, which utilizes quantitative and qualitative analysis to </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">seek to identify securities or spreads between securities that deviate from their perceived fair value and/or historical norms. </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">The </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">Sub-Adviser seeks to combine a credit managed fixed-income portfolio with access to a diversified pool of alternative </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">investments and equity strategies. The Fund&#8217;s investment philosophy is predicated upon the belief that thorough research and </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">independent thought are rewarded with performance that has the potential to outperform benchmark indexes with both lower </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">volatility and lower correlation of returns as compared to such benchmark indexes.</span></div> </ix:continuation> <ix:continuation id="t_1_87861ab0_d21d_eefc_11d6_dba76cfdbb15_5" continuedAt="t_1_87861ab0_d21d_eefc_11d6_dba76cfdbb15_6"> <div style="line-height: 12.02pt; margin-top: 10.00pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;">The Sub-Adviser&#8217;s analysis of a fixed-income security&#8217;s credit quality is comprised of multiple elements, including, but </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">not limited to: (i) sector analysis, including regulatory developments and sector health, (ii) collateral, business, and counterparty </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">risk, which includes payment history, collateral performance, and borrower credit profile, (iii) structural analysis, which includes </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">securitization structure review and forms of credit enhancement, and (iv) stress analysis, including historical collateral </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">performance during extreme market stress and identifying tail risks. This analysis is applied against the macroeconomic outlook, </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">geopolitical issues as well as considerations that more directly affect the company&#8217;s industry to determine the Sub-Adviser&#8217;s </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">internal judgment as to the security&#8217;s credit quality. In addition to the process described above, the Sub-Adviser selects securities </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">using a rigorous portfolio construction approach to tightly control independent risk exposures such as fixed income sector </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">weights, sector specific yield curves, credit spreads, prepayment risks, and other risk exposures the Sub-Adviser deems relevant. </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">Within those risk constraints, the Sub-Adviser estimates the relative value of different securities to select individual securities </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">that, in the Sub-Adviser&#8217;s judgment, may provide risk-adjusted outperformance.</span></div> </ix:continuation> <ix:continuation id="t_1_87861ab0_d21d_eefc_11d6_dba76cfdbb15_6" continuedAt="t_1_87861ab0_d21d_eefc_11d6_dba76cfdbb15_7"> <div style="line-height: 12.02pt; margin-top: 10.00pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;">The Sub-Adviser&#8217;s process for determining whether to buy a security is a collaborative effort between various groups </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">including: (i) economic research, which focus on key economic themes and trends, regional and country-specific analysis, and </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">assessments of event-risk and policy impacts on asset prices, (ii) the Portfolio Construction Group, which utilize proprietary </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">portfolio construction and risk modeling tools to determine allocation of assets among a variety of sectors, (iii) its Sector </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">Specialists, who are responsible for identifying investment opportunities in particular securities within these sectors, including </span></div> </ix:continuation> </div> <div style="clear: both;"></div> <div style="float: left; margin-left: 39pt; margin-top: 12pt; width: 516pt; min-height: 12pt;"> <div style="line-height: 10.02pt; text-align: center;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; line-height: 10.02pt; margin-left: 0%;">47</span></div> </div> </div> <div style="float: left; margin-bottom: 5.0pt; width: 100%;"></div> <hr style="clear: both; margin: 40.0pt 0.25pt 0.25pt 0.25pt;" /> <div> <div><a id="xx_6f541e02-145b-4442-80b8-adf4d990b3c8_3"></a> <div style="page-break-after: always; position: relative;"> <div style="clear: both;"></div> <div style="float: left; min-height: 696pt; margin-left: 39pt; margin-top: 36pt; width: 516pt;"> <ix:continuation id="t_1_87861ab0_d21d_eefc_11d6_dba76cfdbb15_7" continuedAt="t_1_87861ab0_d21d_eefc_11d6_dba76cfdbb15_8"> <div style="line-height: 12.02pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">the structuring of certain securities directly with the issuers or with investment banks and dealers involved in the origination of </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">such securities, and (iv) portfolio managers, who determine which securities best fit the Fund based on the Fund&#8217;s investment </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">objective and top-down sector allocations. In managing the Fund, the Sub-Adviser uses a process for selecting securities for </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">purchase and sale that is based on intensive credit research and involves extensive due diligence on each issuer, region and </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">sector. The Sub-Adviser also considers macroeconomic outlook and geopolitical issues.</span></div> </ix:continuation> <ix:continuation id="t_1_87861ab0_d21d_eefc_11d6_dba76cfdbb15_8" continuedAt="t_1_87861ab0_d21d_eefc_11d6_dba76cfdbb15_9"> <div style="line-height: 12.02pt; margin-top: 9.70pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 31pt;">The Sub-Adviser generally decides which securities to sell for the Fund based on one of three factors:</span></div> </ix:continuation> <div> <div style="clear: both; margin-top: 9.70pt; position: relative; width: 100%;"> <div style="float: left; line-height: 12.02pt; margin-left: 36pt; text-align: left; width: 3.51pt;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">&#8226;</span></div> <ix:continuation id="t_1_87861ab0_d21d_eefc_11d6_dba76cfdbb15_9" continuedAt="t_1_87861ab0_d21d_eefc_11d6_dba76cfdbb15_10"> <div style="float: left; line-height: 12.02pt; margin-left: 20.49pt; text-align: justify; width: 451.00pt;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">In the Sub-Adviser&#8217;s judgment, the relative value measure of the instrument no longer indicates that the </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">instrument is cheap relative to similar instruments and a substitution of the instrument with a similar but cheaper </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">instrument enhances the risk-adjusted return potential of the portfolio.</span></div> </ix:continuation> </div> <div style="clear: both; position: relative;"></div> </div> <div> <div style="clear: both; margin-top: 9.70pt; position: relative; width: 100%;"> <div style="float: left; line-height: 12.02pt; margin-left: 36pt; text-align: left; width: 3.51pt;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">&#8226;</span></div> <ix:continuation id="t_1_87861ab0_d21d_eefc_11d6_dba76cfdbb15_10" continuedAt="t_1_87861ab0_d21d_eefc_11d6_dba76cfdbb15_11"> <div style="float: left; line-height: 12.02pt; margin-left: 20.49pt; text-align: justify; width: 451.00pt;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">The Sub-Adviser&#8217;s fundamental analysis suggests that the embedded credit risk in an instrument has increased and </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">the instrument no longer properly compensates the holder for this increased risk.</span></div> </ix:continuation> </div> <div style="clear: both; position: relative;"></div> </div> <div> <div style="clear: both; margin-top: 9.70pt; position: relative; width: 100%;"> <div style="float: left; line-height: 12.02pt; margin-left: 36pt; text-align: left; width: 3.51pt;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">&#8226;</span></div> <ix:continuation id="t_1_87861ab0_d21d_eefc_11d6_dba76cfdbb15_11" continuedAt="t_1_87861ab0_d21d_eefc_11d6_dba76cfdbb15_12"> <div style="float: left; line-height: 12.02pt; margin-left: 20.49pt; text-align: justify; width: 451.00pt;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">The Sub-Adviser&#8217;s fundamental sector allocation decisions result in the rebalancing of existing positions to </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">achieve the Sub-Adviser&#8217;s desired sector exposures.</span></div> </ix:continuation> </div> <div style="clear: both; position: relative;"></div> </div> <ix:continuation id="t_1_87861ab0_d21d_eefc_11d6_dba76cfdbb15_12" continuedAt="t_1_87861ab0_d21d_eefc_11d6_dba76cfdbb15_13"> <div style="line-height: 12.02pt; margin-top: 9.70pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-weight: bold;">Investment Policies</span></div> </ix:continuation> <ix:continuation id="t_1_87861ab0_d21d_eefc_11d6_dba76cfdbb15_13" continuedAt="t_1_87861ab0_d21d_eefc_11d6_dba76cfdbb15_14"> <div style="line-height: 12.02pt; margin-top: 9.70pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;">The Fund will seek to achieve its investment objective by investing in a wide range of fixed-income and other debt and </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">senior equity securities (&#8220;Income Securities&#8221;) selected from a variety of sectors, including, but not limited to, U.S. government </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">and agency securities, corporate bonds, loans and loan participations, structured finance investments (including residential and </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">commercial mortgage-related securities, asset-backed securities, collateralized debt obligations and risk-linked securities), </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">mezzanine and preferred securities and convertible securities. </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">The Fund may invest in non-U.S. dollar-denominated Income </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">Securities issued by sovereign entities and corporations, including Income Securities of issuers in emerging market countries. </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">The Fund may invest in Income Securities of any credit quality, including, without limitation, Income Securities rated below-investment</span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"> grade (commonly referred to as &#8220;high-yield&#8221; or &#8220;junk&#8221; bonds), which are considered speculative with respect to the </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">issuer&#8217;s capacity to pay interest and repay principal.</span></div> </ix:continuation> <ix:continuation id="t_1_87861ab0_d21d_eefc_11d6_dba76cfdbb15_14" continuedAt="t_1_87861ab0_d21d_eefc_11d6_dba76cfdbb15_15"> <div style="line-height: 12.02pt; margin-top: 9.70pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;">The Fund may also invest in common stocks, limited liability company interests, trust certificates and other equity </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">investments (&#8220;Common Equity Securities&#8221;) that the Sub-Adviser believes offer attractive yield and/or capital appreciation </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">potential. As part of its Common Equity Securities strategy, the Fund currently intends to employ a strategy of writing </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">(selling) covered call options and may, from time to time, buy or sell put options on individual Common Equity Securities. In </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">addition to its covered call option strategy, the Fund may, to a lesser extent, pursue a strategy that includes the sale (writing) of </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">both covered call and put options on indices of securities and sectors of securities.</span></div> </ix:continuation> <ix:continuation id="t_1_87861ab0_d21d_eefc_11d6_dba76cfdbb15_15" continuedAt="t_1_87861ab0_d21d_eefc_11d6_dba76cfdbb15_16"> <div style="line-height: 12.02pt; margin-top: 9.71pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;">The Fund may allocate its assets among a wide variety of Income Securities and Common Equity Securities, provided </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">that, under normal market conditions, the Fund will not invest more than:</span></div> </ix:continuation> <div> <div style="clear: both; margin-top: 9.80pt; position: relative; width: 100%;"> <div style="float: left; line-height: 12.02pt; margin-left: 36pt; text-align: left; width: 3.51pt;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">&#8226;</span></div> <ix:continuation id="t_1_87861ab0_d21d_eefc_11d6_dba76cfdbb15_16" continuedAt="t_1_87861ab0_d21d_eefc_11d6_dba76cfdbb15_17"> <div style="float: left; line-height: 12.02pt; margin-left: 20.49pt; text-align: left; width: 451.00pt;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">50% of its total assets in Common Equity Securities consisting of common stock;</span></div> </ix:continuation> </div> <div style="clear: both; position: relative;"></div> </div> <div> <div style="clear: both; margin-top: 9.80pt; position: relative; width: 100%;"> <div style="float: left; line-height: 12.02pt; margin-left: 36pt; text-align: left; width: 3.51pt;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">&#8226;</span></div> <ix:continuation id="t_1_87861ab0_d21d_eefc_11d6_dba76cfdbb15_17" continuedAt="t_1_87861ab0_d21d_eefc_11d6_dba76cfdbb15_18"> <div style="float: left; line-height: 12.02pt; margin-left: 20.49pt; text-align: justify; width: 451.00pt;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">30% of its total assets in other investment companies, including registered investment companies, private </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">investment funds and/or other pooled investment vehicles;</span></div> </ix:continuation> </div> <div style="clear: both; position: relative;"></div> </div> <div> <div style="clear: both; margin-top: 9.80pt; position: relative; width: 100%;"> <div style="float: left; line-height: 12.02pt; margin-left: 36pt; text-align: left; width: 3.51pt;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">&#8226;</span></div> <ix:continuation id="t_1_87861ab0_d21d_eefc_11d6_dba76cfdbb15_18" continuedAt="t_1_87861ab0_d21d_eefc_11d6_dba76cfdbb15_19"> <div style="float: left; line-height: 12.02pt; margin-left: 20.49pt; text-align: justify; width: 451.00pt;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">20% of its total assets in non-U.S. dollar-denominated Income Securities of corporate and governmental issuers </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">located outside the United States; and</span></div> </ix:continuation> </div> <div style="clear: both; position: relative;"></div> </div> <div> <div style="clear: both; margin-top: 9.80pt; position: relative; width: 100%;"> <div style="float: left; line-height: 12.02pt; margin-left: 36pt; text-align: left; width: 3.51pt;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">&#8226;</span></div> <ix:continuation id="t_1_87861ab0_d21d_eefc_11d6_dba76cfdbb15_19" continuedAt="t_1_87861ab0_d21d_eefc_11d6_dba76cfdbb15_20"> <div style="float: left; line-height: 12.02pt; margin-left: 20.49pt; text-align: left; width: 451.00pt;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">10% of its total assets in Income Securities of issuers in emerging markets.</span></div> </ix:continuation> </div> <div style="clear: both; position: relative;"></div> </div> <ix:continuation id="t_1_87861ab0_d21d_eefc_11d6_dba76cfdbb15_20" continuedAt="t_1_87861ab0_d21d_eefc_11d6_dba76cfdbb15_21"> <div style="line-height: 12.02pt; margin-top: 9.80pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;">The percentage of the Fund&#8217;s total assets allocated to any category of investment may at any given time be significantly </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">less than the percentage permitted pursuant to the above referenced investment policies.</span></div> </ix:continuation> <ix:continuation id="t_1_87861ab0_d21d_eefc_11d6_dba76cfdbb15_21" continuedAt="t_1_87861ab0_d21d_eefc_11d6_dba76cfdbb15_22"> <div style="line-height: 12.02pt; margin-top: 9.80pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;">These policies may be changed by the Board of Trustees, but no change is anticipated. If the Fund&#8217;s policies change, the </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">Fund will provide shareholders at least 60 days&#8217; prior written notice before implementation of the change.</span></div> </ix:continuation> <ix:continuation id="t_1_87861ab0_d21d_eefc_11d6_dba76cfdbb15_22" continuedAt="t_1_87861ab0_d21d_eefc_11d6_dba76cfdbb15_23"> <div style="line-height: 12.02pt; margin-top: 9.80pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;">Percentage limitations described in this Prospectus are as of the time of investment by the Fund and could thereafter be </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">exceeded as a result of market value fluctuations of the Fund&#8217;s portfolio.</span></div> </ix:continuation> <ix:continuation id="t_1_87861ab0_d21d_eefc_11d6_dba76cfdbb15_23" continuedAt="t_1_87861ab0_d21d_eefc_11d6_dba76cfdbb15_24"> <div style="line-height: 12.02pt; margin-top: 9.80pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-style: italic; margin-left: 29pt;">Credit Quality</span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">. The Fund may invest without limitation in securities rated below-investment grade (e.g., securities rated </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">below Baa3 by Moody&#8217;s Investors Service, Inc. (&#8220;Moody&#8217;s&#8221;), below BBB- by Standard &#38; Poor&#8217;s Ratings Group (&#8220;S&#38;P&#8221;) or Fitch </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">Ratings (&#8220;Fitch&#8221;) or comparably rated by another nationally recognized statistical rating organization) or, if unrated, determined </span></div> </ix:continuation> </div> <div style="clear: both;"></div> <div style="float: left; margin-left: 39pt; margin-top: 12pt; width: 516pt; min-height: 12pt;"> <div style="line-height: 10.02pt; text-align: center;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; line-height: 10.02pt; margin-left: 0%;">48</span></div> </div> </div> </div> <div style="float: left; margin-bottom: 5.0pt; width: 100%;"></div> <hr style="clear: both; margin: 40.0pt 0.25pt 0.25pt 0.25pt;" /></div> <div> <div><a id="xx_6f541e02-145b-4442-80b8-adf4d990b3c8_4"></a> <div style="page-break-after: always; position: relative;"> <div style="clear: both;"></div> <div style="float: left; margin-left: 39pt; margin-top: 36pt; width: 516pt; min-height: 696pt;"> <ix:continuation id="t_1_87861ab0_d21d_eefc_11d6_dba76cfdbb15_24" continuedAt="t_1_87861ab0_d21d_eefc_11d6_dba76cfdbb15_25"> <div style="line-height: 12.02pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">by the Sub-Adviser to be of comparable quality. Securities rated below-investment grade are commonly referred to as &#8220;high-yield&#8221;</span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"> or &#8220;junk bonds&#8221; and are considered speculative with respect to the issuer&#8217;s capacity to pay interest and repay principal. </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">The Fund&#8217;s investments in any of the sectors and types of Income Securities in which the Fund may invest may include, without </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">limitation, below investment grade securities. Lower grade securities may be particularly susceptible to economic downturns. It </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">is likely that an economic recession could severely disrupt the market for such securities and may have an adverse effect on the </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">value of such securities. In addition, it is likely that any such economic downturn could adversely affect the ability of the issuers </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">of such securities to repay principal and pay interest thereon and increase the incidence of default for such securities.</span></div> </ix:continuation> <ix:continuation id="t_1_87861ab0_d21d_eefc_11d6_dba76cfdbb15_25" continuedAt="t_1_87861ab0_d21d_eefc_11d6_dba76cfdbb15_26"> <div style="line-height: 12.02pt; margin-top: 10.30pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;">The Fund is not required to dispose of a security if an NRSRO or the Sub-Adviser downgrades its assessment of that </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">security. In determining whether to retain or sell a security that an NRSRO or the Sub-Adviser has downgraded, the Sub-Adviser </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">may consider such factors as its assessment of the credit quality of the security, the price at which the security could be sold, and </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">the rating, if any, assigned to the security by other ratings agencies. When the Sub-Adviser believes it to be in the best interests </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">of the Fund&#8217;s shareholders, the Fund will reduce its investment in lower grade securities and, in certain market conditions, the </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">Fund may invest none of its assets in lower grade securities.</span></div> </ix:continuation> <ix:continuation id="t_1_87861ab0_d21d_eefc_11d6_dba76cfdbb15_26" continuedAt="t_1_87861ab0_d21d_eefc_11d6_dba76cfdbb15_27"> <div style="line-height: 12.02pt; margin-top: 10.30pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;">Rating agencies, such as Moody&#8217;s or S&#38;P, are private services that provide ratings of the credit quality of debt </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">obligations. Ratings assigned by an NRSRO are not absolute standards of credit quality but represent the opinion of the NRSRO </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">as to the quality of the obligation. Ratings do not evaluate market risks or the liquidity of securities. Rating agencies may fail to </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">make timely changes in credit ratings and an issuer&#8217;s current financial condition may be better or worse than a rating indicates. </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">To the extent that the issuer of a security pays an NRSRO for the analysis of its security, an inherent conflict of interest may </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">exist that could affect the reliability of the rating. Ratings are relative and subjective and, although ratings may be useful in </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">evaluating the safety of interest and principal payments, they do not evaluate the market value risk of such obligations. Although </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">these ratings may be an initial criterion for selection of portfolio investments, the Sub-Adviser also will independently evaluate </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">these securities and the ability of the issuers of such securities to pay interest and principal. To the extent that the Fund invests in </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">unrated lower grade securities, the Fund&#8217;s ability to achieve its investment objective will be more dependent on the Sub-Adviser&#8217;s</span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"> credit analysis than would be the case when the Fund invests in rated securities.</span></div> </ix:continuation> <ix:continuation id="t_1_87861ab0_d21d_eefc_11d6_dba76cfdbb15_27"> <div style="line-height: 12.02pt; margin-top: 10.30pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;">Please refer to Appendix A to the SAI for more information regarding Moody&#8217;s and S&#38;P&#8217;s ratings of fixed-income </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">securities.</span></div> </ix:continuation> <div style="line-height: 22.02pt; margin-top: 7.30pt; text-align: center;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-weight: bold; margin-left: 0%; text-transform: uppercase;">THE FUND&#8217;S INVESTMENTS</span></div> <div style="line-height: 12.02pt; margin-top: 5.30pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;">The Fund will seek to achieve its investment objective by investing in the following categories of securities:</span></div> <div style="line-height: 12.02pt; margin-top: 10.30pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-style: italic; margin-left: 29pt;">Income Securities</span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">. The Fund may invest in a wide range of Income Securities selected from a variety of sectors, </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">including, but not limited to, corporate bonds, loans and loan participations (including senior secured floating rate loans </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">(&#8220;Senior Loans&#8221;), &#8220;second lien&#8221; secured floating rate loans (&#8220;Second Lien Loans&#8221;), and other types of secured and unsecured </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">loans with fixed and variable interest rates) (collectively, &#8220;Loans&#8221;), structured finance investments (including residential and </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">commercial mortgage-related securities, asset-backed securities, collateralized debt obligations and risk-linked securities), U.S. </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">government and agency securities, mezzanine and preferred securities and convertible securities. The Fund may invest in non-U.S.</span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"> dollar-denominated Income Securities issued by sovereign entities and corporations, including Income Securities of issuers </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">in emerging market countries. The Fund may invest in Income Securities of any credit quality, including Income Securities rated </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">below-investment grade (commonly referred to as &#8220;high-yield&#8221; or &#8220;junk&#8221; bonds), which are considered speculative with respect </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">to the issuer&#8217;s capacity to pay interest and repay principal.</span></div> <div style="line-height: 12.02pt; margin-top: 10.30pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-style: italic; margin-left: 29pt;">Common Equity Securities and Covered Call Option Strategy</span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">. The Fund may invest in Common Equity Securities that </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">the Sub-Adviser believes offer attractive yield and/or capital appreciation potential. As part of its Common Equity Securities </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">strategy, the Fund currently intends to employ a strategy of writing (selling) covered call options and may, from time to time, </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">buy or sell put options on individual Common Equity Securities. In addition to its covered call option strategy, the Fund may, to </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">a lesser extent, pursue a strategy that includes the sale (writing) of both covered call and put options on indices of securities and </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">sectors of securities. This option strategy is intended to generate current gains from option premiums as a means to enhance </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">distributions payable to the Fund&#8217;s Common Shareholders. As the Fund writes covered calls over more of its portfolio, its ability </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">to benefit from capital appreciation becomes more limited. A substantial portion of the options written by the Fund may be over-the-counter</span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"> options (&#8220;OTC options&#8221;). Under current market conditions, the Fund implements its covered call writing strategy </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">primarily by investing in exchange-traded funds (&#8220;ETFs&#8221;) which provide exposure to Common Equity Securities and writing </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">covered call options on those ETFs.</span></div> </div> <div style="clear: both;"></div> <div style="float: left; margin-left: 39pt; margin-top: 12pt; width: 516pt; min-height: 12pt;"> <div style="line-height: 10.02pt; text-align: center;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; line-height: 10.02pt; margin-left: 0%;">49</span></div> </div> </div> </div> <div style="float: left; margin-bottom: 5.0pt; width: 100%;"></div> <hr style="clear: both; margin: 40.0pt 0.25pt 0.25pt 0.25pt;" /></div> <div> <div><a id="xx_6f541e02-145b-4442-80b8-adf4d990b3c8_5"></a> <div style="page-break-after: always; position: relative;"> <div style="clear: both;"></div> <div style="float: left; min-height: 696pt; margin-left: 39pt; margin-top: 36pt; width: 516pt;"> <div style="line-height: 12.02pt; margin-top: 10pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-style: italic; margin-left: 29pt;">Real Property Asset Companies</span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">. The Fund may invest in Income Securities and Common Equity Securities issued by </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">companies that own, produce, refine, process, transport and market &#8220;real property assets,&#8221; such as real estate and the natural </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">resources upon or within real estate (&#8220;Real Property Asset Companies&#8221;). These Real Property Asset Companies include:</span></div> <div> <div style="clear: both; margin-top: 9.90pt; position: relative; width: 100%;"> <div style="float: left; line-height: 12.02pt; text-align: left; width: 3.51pt;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">&#8226;</span></div> <div style="float: left; line-height: 12.02pt; margin-left: 25.49pt; text-align: justify; width: 482.00pt;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">Companies engaged in the ownership, construction, financing, management and/or sale of commercial, industrial and/or </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">residential real estate (or that have assets primarily invested in such real estate), including real estate investment trusts </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">(&#8220;REITs&#8221;); and</span></div> </div> <div style="clear: both; position: relative;"></div> </div> <div> <div style="clear: both; margin-top: 9.90pt; position: relative; width: 100%;"> <div style="float: left; line-height: 12.02pt; text-align: left; width: 3.51pt;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">&#8226;</span></div> <div style="float: left; line-height: 12.02pt; margin-left: 25.49pt; text-align: justify; width: 482.00pt;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">Companies engaged in energy, natural resources and basic materials businesses and companies engaged in associated </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">businesses. These companies include, but are not limited to, those engaged in businesses such as oil and gas exploration </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">and production, gold and other precious metals, steel and iron ore production, energy services, forest products, chemicals, </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">coal, alternative energy sources and environmental services, as well as related transportation companies and equipment </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">manufacturers.</span></div> </div> <div style="clear: both; position: relative;"></div> </div> <div style="line-height: 12.02pt; margin-top: 9.91pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-style: italic; margin-left: 29pt;">Personal Property Asset Companies</span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">. The Fund may invest in Income Securities and Common Equity Securities issued by </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">companies that seek to profit primarily from the ownership, rental, leasing, financing or disposition of &#8220;personal property </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">assets&#8221; (&#8220;Personal Property Asset Companies&#8221;). Personal (as opposed to real) property assets include any tangible, movable </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">property or asset. The Fund will typically seek to invest in Income Securities and Common Equity Securities of Personal </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">Property Asset Companies with investment performance that is not highly correlated with traditional market indexes because the </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">personal property asset held by such company is non-correlated with traditional debt or equity markets. Such personal property </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">assets include special situation transportation assets (e.g., railcars, airplanes and ships) and collectibles (e.g., antiques, wine and </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">fine art).</span></div> <div style="line-height: 12.02pt; margin-top: 9.90pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-style: italic; margin-left: 29pt;">Private Securities</span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">. The Income Securities and Common Equity Securities in which the Fund may invest include privately </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">issued securities of both public and private companies (&#8220;Private Securities&#8221;). Private Securities have additional risk </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">considerations than comparable public securities, including availability of financial information about the issuer and valuation </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">and liquidity issues.</span></div> <div style="line-height: 12.02pt; margin-top: 10.00pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-style: italic;">Investment Funds</span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">. As an alternative to holding investments directly, the Fund may also obtain investment exposure to Income </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">Securities and Common Equity Securities by investing in other investment companies, including registered investment </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">companies, private investment funds and/or other pooled investment vehicles (collectively, &#8220;Investment Funds&#8221;). The Fund may </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">invest up to 30% of its total assets in Investment Funds that primarily hold (directly or indirectly) investments in which the Fund </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">may invest directly. The 1940 Act generally limits a registered investment company&#8217;s investments in other registered investment </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">companies to 10% of its total assets. However, pursuant to exemptions set forth in rules and regulations promulgated under the </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">1940 Act, the Fund may invest in excess of this limitation provided that the conditions of such exemptions are met. In addition, </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">the Fund may invest in certain ETFs in excess of the 1940 Act limitations in reliance upon and in accordance with exemptive </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">relief obtained by such ETFs. The Fund will invest in private investment funds, commonly referred to as &#8220;hedge funds,&#8221; only to </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">the extent permitted by applicable rules, regulations and interpretations of the SEC and NYSE. The Fund has no current </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">intention to invest in private investment funds. Investments in other Investment Funds involve operating expenses and fees at the </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">Investment Fund level that are in addition to the expenses and fees borne by the Fund and are borne indirectly by holders of the </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">Fund&#8217;s Common Shares. A new regulatory framework adopted by the SEC in October 2020 that applies to investments by </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">registered investment companies in other registered investment companies may adversely impact the Fund&#8217;s investment </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">strategies and operations, as well as those of the underlying investment vehicles in which the Fund invests or other funds that </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">invest in the Fund (and, in turn, trading in the Common Shares).</span></div> <div style="line-height: 12.02pt; margin-top: 10.00pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-style: italic; margin-left: 29pt;">Synthetic Investments</span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">. As an alternative to holding investments directly, the Fund may also obtain investment exposure to </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">Income Securities and Common Equity Securities through the use of customized derivative instruments (including swaps, </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">options, forwards, notional principal contracts or other financial instruments) to replicate, modify or replace the economic </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">attributes associated with an investment in Income Securities and Common Equity Securities (including interests in Investment </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">Funds). The Fund may be exposed to certain additional risks should the Sub-Adviser use derivatives as a means to synthetically </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">implement the Fund&#8217;s investment strategies, including a lack of liquidity in such derivative instruments and additional expenses </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">associated with using such derivative instruments.</span></span></div> <div style="line-height: 12.02pt; margin-top: 10.00pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-weight: bold;">Portfolio Contents</span></div> <div style="line-height: 12.02pt; margin-top: 10.00pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;">The Fund&#8217;s investment portfolio consists of investments in the following types of securities:</span></div> <div style="line-height: 12.02pt; margin-top: 10.00pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-style: italic; margin-left: 29pt;">Corporate Bonds</span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">. Corporate bonds are debt obligations issued by corporations and other business entities. Corporate </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">bonds may be either secured or unsecured. </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">Collateral used for secured debt includes, but is not limited to, real property, </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">machinery, equipment, accounts receivable, stocks, bonds or notes. If a bond is unsecured, it is known as a debenture. </span></div> </div> <div style="clear: both;"></div> <div style="float: left; margin-left: 39pt; margin-top: 12pt; width: 516pt; min-height: 12pt;"> <div style="line-height: 10.02pt; text-align: center;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; line-height: 10.02pt; margin-left: 0%;">50</span></div> </div> </div> </div> <div style="float: left; margin-bottom: 5.0pt; width: 100%;"></div> <hr style="clear: both; margin: 40.0pt 0.25pt 0.25pt 0.25pt;" /></div> <div> <div><a id="xx_6f541e02-145b-4442-80b8-adf4d990b3c8_6"></a> <div style="page-break-after: always; position: relative;"> <div style="clear: both;"></div> <div style="float: left; margin-left: 39pt; margin-top: 36pt; width: 516pt; min-height: 696pt;"> <div style="line-height: 12.02pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">Bondholders, as creditors, have a prior legal claim over common and preferred stockholders as to both income and assets of the </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">corporation for the principal and interest due them and may have a prior claim over other creditors if liens or mortgages are </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">involved. Interest on corporate bonds may be fixed or floating, or the bonds may be zero coupons. Interest on corporate bonds is </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">typically paid semi-annually and is fully taxable to the bondholder. Corporate bonds contain elements of both interest-rate risk </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">and credit risk. The market value of a corporate bond generally may be expected to rise and fall inversely with interest rates and </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">may also be affected by the credit rating of the corporation, the corporation&#8217;s performance and perceptions of the corporation in </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">the marketplace. Corporate bonds usually yield more than government or agency bonds due to the presence of credit risk.</span></div> <div style="line-height: 12.02pt; margin-top: 10.10pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-style: italic; margin-left: 29pt;">Investment Grade Bonds</span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">. The Fund may invest in a wide variety of fixed-income securities rated or determined by the </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">Sub-Adviser to be investment grade quality that are issued by corporations and other non-governmental entities and issuers </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">(&#8220;Investment Grade Bonds&#8221;). Investment Grade Bonds are subject to market and credit risk. Market risk relates to changes in a </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">security&#8217;s value. Investment Grade Bonds have varying levels of sensitivity to changes in interest rates and varying degrees of </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">credit quality. In general, bond prices rise when interest rates fall, and fall when interest rates rise. Longer-term and zero coupon </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">bonds are generally more sensitive to interest rate changes. Credit risk relates to the ability of the issuer to make payments of </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">principal and interest. The values of Investment Grade Bonds, like those of other fixed-income securities, may be affected by </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">changes in the credit rating or financial condition of an issuer. Investment Grade Bonds are generally considered medium- and </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">high-quality securities. Some, however, may possess speculative characteristics, and may be more sensitive to economic changes </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">and changes in the financial condition of issuers. The market prices of Investment Grade Bonds in the lowest investment grade </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">categories may fluctuate more than higher-quality securities and may decline significantly in periods of general or regional </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">economic difficulty. Investment Grade Bonds in the lowest investment grade categories may be thinly traded, making them </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">difficult to sell promptly at an acceptable price. Investment Grade Bonds include certain investment grade quality mortgage-related</span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"> securities, asset-backed securities, and other hybrid securities and instruments that are treated as debt obligations for U.S. </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">federal income tax purposes.</span></div> <div style="line-height: 12.02pt; margin-top: 10.00pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-style: italic; margin-left: 29pt;">Below-Investment Grade Bonds</span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">. The Fund may invest without limitation in a wide variety of fixed-income securities that </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">are rated or determined by the Sub-Adviser to be below-investment grade quality (&#8220;Below-Investment Grade Bonds&#8221;). The </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">credit quality of most Below-Investment Grade Bonds reflects a greater than average possibility that adverse changes in the </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">financial condition of an issuer, or in general economic conditions, or both, may impair the ability of the issuer to make </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">payments of interest and principal. The inability (or perceived inability) of issuers to make timely payment of interest and </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">principal would likely make the values of Below-Investment Grade Bonds held by the Fund more volatile and could limit the </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">Fund&#8217;s ability to sell such Bonds at favorable prices. In the absence of a liquid trading market for its Below-Investment Grade </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">Bonds, the Fund may have difficulties determining the fair market value of such investments. Below-Investment Grade Bonds </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">include certain investment grade quality mortgage-related securities, asset-backed securities, and other hybrid securities and </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">instruments that are treated as debt obligations for U.S. federal income tax purposes.</span></div> <div style="line-height: 12.02pt; margin-top: 10.00pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;">In addition to pre-existing outstanding debt obligations of below-investment grade issuers, the Fund may also invest in </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">&#8220;debtor-in-possession&#8221; or &#8220;DIP&#8221; financings newly issued in connection with &#8220;special situation&#8221; restructuring and refinancing </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">transactions. DIP financings are Loans to a debtor-in-possession in a proceeding under the U.S. Bankruptcy Code that have been </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">approved by the bankruptcy court. DIP financings are typically fully secured by a lien on the debtor&#8217;s otherwise unencumbered </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">assets or secured by a junior lien on the debtor&#8217;s encumbered assets (so long as the Loan is fully secured based on the most </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">recent current valuation or appraisal report of the debtor). The bankruptcy court can authorize the debtor to grant the DIP lender </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">a claim with super-priority over administrative expenses incurred during bankruptcy and of other claims, thus a DIP financing </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">may constitute senior debt even if not secured. DIP financings are often required to close with certainty and in a rapid manner in </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">order to satisfy existing creditors and to enable the issuer to emerge from bankruptcy or to avoid a bankruptcy proceeding. These </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">financings allow the entity to continue its business operations while reorganizing under Chapter 11 of the U.S. Bankruptcy </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">Code.</span></div> <div style="line-height: 12.02pt; margin-top: 10.00pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-style: italic; margin-left: 29pt;">Distressed and Defaulted Securities</span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">. The Fund may invest in the securities of financially distressed and bankrupt issuers. </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">Such debt obligations may be in covenant or payment default. Such investments generally trade significantly below par and are </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">considered speculative. The repayment of defaulted obligations is subject to significant uncertainties. Defaulted obligations </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">might be repaid only after lengthy workout or bankruptcy proceedings, during which the issuer might not make any interest or </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">other payments. Typically such workout or bankruptcy proceedings result in only partial recovery of cash payments or an </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">exchange of the defaulted obligation for other debt or equity securities of the issuer or its affiliates, which may in turn be illiquid </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">or speculative.</span></div> <div style="line-height: 12.02pt; margin-top: 10.00pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-style: italic; margin-left: 29pt;">Structured Finance Investments</span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">. The Fund may invest in structured finance investments, which are Income Securities and </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">Common Equity Securities typically issued by special purpose vehicles that hold income-producing securities (e.g., mortgage </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">loans, consumer debt payment obligations and other receivables) and other financial assets. Structured finance investments are </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">tailored, or packaged, to meet certain financial goals of investors. Typically, these investments provide investors with capital </span></div> </div> <div style="clear: both;"></div> <div style="float: left; margin-left: 39pt; margin-top: 12pt; width: 516pt; min-height: 12pt;"> <div style="line-height: 10.02pt; text-align: center;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; line-height: 10.02pt; margin-left: 0%;">51</span></div> </div> </div> </div> <div style="float: left; margin-bottom: 5.0pt; width: 100%;"></div> <hr style="clear: both; margin: 40.0pt 0.25pt 0.25pt 0.25pt;" /></div> <div> <div><a id="xx_6f541e02-145b-4442-80b8-adf4d990b3c8_7"></a> <div style="page-break-after: always; position: relative;"> <div style="clear: both;"></div> <div style="float: left; margin-left: 39pt; margin-top: 36pt; width: 516pt; min-height: 696pt;"> <div style="line-height: 12.02pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">protection, income generation and/or the opportunity to generate capital growth. </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">The Sub-Adviser believes that structured </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">finance investments provide attractive risk-adjusted returns, frequent sector rotation opportunities and prospects for adding value </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">through security selection. Structured finance investments include:</span></div> <div style="line-height: 12.02pt; margin-left: 31pt; margin-top: 10.29pt; text-align: justify;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.00%; text-decoration: underline;">Mortgage-Related Securities</span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">. Mortgage-related securities are a form of derivative collateralized by pools of commercial </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">or residential mortgages. Pools of mortgage loans are assembled as securities for sale to investors by various </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">governmental, government-related and private organizations. </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">These securities may include complex instruments such as </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">collateralized mortgage obligations, REITs (including debt and preferred stock issued by REITs), and other real estate-related</span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"> securities. The mortgage-related securities in which the Fund may invest include those with fixed, floating or </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">variable interest rates, those with interest rates that change based on multiples of changes in a specified index of interest </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">rates, and those with interest rates that change inversely to changes in interest rates, as well as those that do not bear </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">interest. The Fund may invest in residential and commercial mortgage-related securities issued by governmental entities </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">and private issuers, including subordinated mortgage-related securities. The underlying assets of certain mortgage-related </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">securities may be subject to prepayments, which shorten the weighted average maturity and may lower the return of such </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">securities. See &#8220;Investment Objective and Policies &#8211; Additional Investment Policies &#8211; Mortgage Related Securities&#8221; in the </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">Fund&#8217;s SAI for additional information regarding various types of mortgage-related securities.</span></div> <div style="line-height: 12.02pt; margin-left: 31pt; margin-top: 10.30pt; text-align: justify;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.00%; text-decoration: underline;">Asset-Backed Securities</span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">. Asset-backed securities (&#8220;ABS&#8221;) are a form of structured debt obligation. ABS are payment </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">claims that are securitized in the form of negotiable paper that is issued by a financing company (generally called a </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">special purpose vehicle). Collateral assets are brought into a pool according to specific diversification rules. A special </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">purpose vehicle is founded for the purpose of securitizing these payment claims and the assets of the special purpose </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">vehicle are the diversified pool of collateral assets. The special purpose vehicle issues marketable securities which are </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">intended to represent a lower level of risk than an underlying collateral asset individually, due to the diversification in the </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">pool. The redemption of the securities issued by the special purpose vehicle takes place out of the cash flow generated by </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">the collected assets. A special purpose vehicle may issue multiple securities with different priorities to the cash flows </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">generated and the collateral assets. The collateral for ABS may, among other assets, include home equity loans, </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">automobile and credit card receivables, boat loans, computer leases, airplane leases, mobile home loans, recreational </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">vehicle loans and hospital account receivables. The Fund may invest in these and other types of ABS that may be </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">developed in the future. There is the possibility that recoveries on the underlying collateral may not, in some cases, be </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">available or may be insufficient to support payments on these securities.</span></div> <div style="line-height: 12.02pt; margin-left: 31pt; margin-top: 10.30pt; text-align: justify;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.00%; text-decoration: underline;">Collateralized Debt Obligations</span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">. A collateralized debt obligation (&#8220;CDO&#8221;) is an asset-backed security whose underlying </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">collateral is typically a portfolio of bonds, bank loans, other structured finance securities and/or synthetic instruments. </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">Where the underlying collateral is a portfolio of bonds, a CDO is referred to as a collateralized bond obligation (&#8220;CBO&#8221;). </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">Where the underlying collateral is a portfolio of bank loans, a CDO is referred to as a collateralized loan obligation </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">(&#8220;CLO&#8221;). Investors in CLOs bear the credit risk of the underlying collateral. Multiple tranches of securities are issued by </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">the CLO, offering investors various maturity and credit risk characteristics. Tranches are categorized as senior, </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">mezzanine, and subordinated/equity, according to their degree of risk. If there are defaults or the CLO&#8217;s collateral </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">otherwise underperforms, scheduled payments to senior tranches take precedence over those of mezzanine tranches, and </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">scheduled payments to mezzanine tranches take precedence over those to subordinated/equity tranches. This </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">prioritization of the cash flows from a pool of securities among the several tranches of the CLO is a key feature of the </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">CLO structure. If there are funds remaining after each tranche of debt receives its contractual interest rate and the CLO </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">meets or exceeds required collateral coverage levels (or other similar covenants), the remaining funds may be paid to the </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">subordinated (or residual) tranche (often referred to as the &#8220;equity&#8221; tranche). The contractual provisions setting out this </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">order of payments are set out in detail in the relevant CLO&#8217;s indenture. These provisions are referred to as the &#8220;priority of </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">payments&#8221; or the &#8220;waterfall&#8221; and determine the terms of payment of any other obligations that may be required to be paid </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">ahead of payments of interest and principal on the securities issued by a CLO. In addition, for payments to be made to </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">each tranche, after the most senior tranche of debt, there are various tests that must be complied with, which are different </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">for each CLO. If a CLO breaches one of these tests excess cash flow that would otherwise be available for distribution to </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">the subordinated tranche investors is diverted to prepay CLO debt investors in order of seniority until such time as the </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">covenant breach is cured. If the covenant breach is not or cannot be cured, the subordinated tranche investors (and </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">potentially other investors in lower priority rated tranches) may experience a partial or total loss of their investment.</span></div> <div style="line-height: 12.02pt; margin-left: 31pt; margin-top: 10.30pt; text-align: justify;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.00%;">CLOs are subject to the same risk of prepayment described with respect to certain mortgage-related and asset-backed </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">securities. The value of CLOs may be affected by changes in the market&#8217;s perception of the creditworthiness of the </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">servicing agent for the pool, the originator of the pool, or the financial institution or fund providing the credit support or </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">enhancement.</span></div> </div> <div style="clear: both;"></div> <div style="float: left; margin-left: 39pt; margin-top: 12pt; width: 516pt; min-height: 12pt;"> <div style="line-height: 10.02pt; text-align: center;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; line-height: 10.02pt; margin-left: 0%;">52</span></div> </div> </div> </div> <div style="float: left; margin-bottom: 5.0pt; width: 100%;"></div> <hr style="clear: both; margin: 40.0pt 0.25pt 0.25pt 0.25pt;" /></div> <div> <div><a id="xx_6f541e02-145b-4442-80b8-adf4d990b3c8_8"></a> <div style="page-break-after: always; position: relative;"> <div style="clear: both;"></div> <div style="float: left; min-height: 696pt; margin-left: 39pt; margin-top: 36pt; width: 516pt;"> <div style="line-height: 12.02pt; margin-left: 31pt; margin-top: 10pt; text-align: justify;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.00%;">The Fund may invest in senior, rated tranches as well as subordinated tranches of CLOs. Investment in the subordinated </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">tranche is subject to special risks. The subordinated tranche does not receive ratings and is considered the riskiest portion </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">of the capital structure of a CLO because it bears the bulk of defaults from the loans in the CLO and serves to protect the </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">other, more senior tranches from default in all but the most severe circumstances.</span></div> <div style="line-height: 12.02pt; margin-left: 31pt; margin-top: 10.00pt; text-align: justify;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.00%; text-decoration: underline;">Risk-Linked Securities</span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">. Risk-linked securities (&#8220;RLS&#8221;) are a form of derivative issued by insurance companies and </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">insurance-related special purpose vehicles that apply securitization techniques to catastrophic property and casualty </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">damages. RLS are typically debt obligations for which the return of principal and the payment of interest are contingent </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">on the non-occurrence of a pre-defined &#8220;trigger event.&#8221; Depending on the specific terms and structure of the RLS, this </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">trigger could be the result of a hurricane, earthquake or some other catastrophic event. Insurance companies securitize </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">this risk to transfer to the capital markets the truly catastrophic part of the risk exposure. A typical RLS provides for </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">income and return of capital similar to other fixed-income investments, but would involve full or partial default if losses </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">resulting from a certain catastrophe exceeded a predetermined amount. RLS typically have relatively high yields </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">compared with similarly rated fixed-income securities, and also have low correlation with the returns of traditional </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">securities. The Sub-Adviser believes that inclusion of RLS in the Fund&#8217;s portfolio could lead to significant improvement </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">in its overall risk-return profile. Investments in RLS may be linked to a broad range of insurance risks, which can be </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">broken down into three major categories: natural risks (such as hurricanes and earthquakes), weather risks (such as </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">insurance based on a regional average temperature) and non-natural events (such as aerospace and shipping </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">catastrophes). Although property-casualty RLS have been in existence for over a decade, significant developments have </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">started to occur in securitizations done by life insurance companies. In general, life insurance industry securitizations </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">could fall into a number of categories. Some are driven primarily by the desire to transfer risk to the capital markets, such </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">as the transfer of extreme mortality risk (mortality bonds). Others, while also including the element of risk transfer, are </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">driven by other considerations. For example, a securitization could be undertaken to relieve the capital strain on life </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">insurance companies caused by the regulatory requirements of establishing very conservative reserves for some types of </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">products. Another example is the securitization of the stream of future cash flows from a particular block of business, </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">including the securitization of embedded values of life insurance business or securitization for the purpose of funding </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">acquisition costs.</span></div> <div style="line-height: 12.02pt; margin-top: 10.00pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-style: italic; margin-left: 29pt;">Senior Loans</span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">. Senior Loans are floating rate Loans made to corporations and other non-governmental entities and </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">issuers. Senior Loans typically hold the most senior position in the capital structure of the issuing entity, are typically secured </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">with specific collateral and typically have a claim on the assets of the borrower, including stock owned by the borrower in its </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">subsidiaries, that is senior to that held by junior lien creditors, subordinated debt holders and stockholders of the borrower. The </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">proceeds of Senior Loans primarily are used to finance leveraged buyouts, recapitalizations, mergers, acquisitions, stock </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">repurchases, dividends, and, to a lesser extent, to finance internal growth and for other corporate purposes. Senior Loans </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">typically have rates of interest that are redetermined daily, monthly, quarterly or semi-annually by reference to a base lending </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">rate, plus a premium or credit spread. Base lending rates in common usage today are primarily the London-Interbank Offered </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">Rate (&#8220;LIBOR&#8221;), and secondarily the prime rate offered by one or more major U.S. banks (the &#8220;Prime Rate&#8221;) and the certificate </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">of deposit (&#8220;CD&#8221;) rate or other base lending rates used by commercial lenders.</span></div> <div style="line-height: 12.02pt; margin-top: 10.00pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-style: italic; margin-left: 29pt;">Second Lien Loans</span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">. Second Lien Loans are Loans made by public and private corporations and other non-governmental </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">entities and issuers for a variety of purposes. Second Lien Loans are second in right of payment to one or more Senior Loans of </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">the related borrower. Second Lien Loans typically are secured by a second priority security interest or lien to or on specified </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">collateral securing the borrower&#8217;s obligation under the Loan and typically have similar protections and rights as Senior Loans. </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">Second Lien Loans are not (and by their terms cannot) become subordinate in right of payment to any obligation of the related </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">borrower other than Senior Loans of such borrower. Second Lien Loans, like Senior Loans, typically have floating rate interest </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">payments. Because Second Lien Loans are second to Senior Loans, they present a greater degree of investment risk but often </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">pay interest at higher rates reflecting this additional risk. Such investments generally are of below-investment grade quality. </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">Other than their subordinated status, Second Lien Loans have many characteristics and risks similar to Senior Loans discussed </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">above. In addition, Second Lien Loans and debt securities of below-investment grade quality share many of the risk </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">characteristics of Non-Investment Grade Bonds.</span></div> <div style="line-height: 12.02pt; margin-top: 10.00pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-style: italic; margin-left: 29pt;">Subordinated Secured Loans</span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">. Subordinated secured Loans are made by public and private corporations and other non-governmental</span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"> entities and issuers for a variety of purposes. Subordinated secured Loans may rank lower in right of payment to </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">one or more Senior Loans and Second Lien Loans of the borrower. Subordinated secured Loans typically are secured by a lower </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">priority security interest or lien to or on specified collateral securing the borrower&#8217;s obligation under the Loan, and typically </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">have more subordinated protections and rights than Senior Loans and Second Lien Loans. Subordinated secured Loans may </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">become subordinated in right of payment to more senior obligations of the borrower issued in the future. Subordinated secured </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">Loans may have fixed or floating rate interest payments. Because Subordinated secured Loans may rank lower as to right of </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">payment than Senior Loans and Second Lien Loans of the borrower, they may present a greater degree of investment risk than </span></div> </div> <div style="clear: both;"></div> <div style="float: left; margin-left: 39pt; margin-top: 12pt; width: 516pt; min-height: 12pt;"> <div style="line-height: 10.02pt; text-align: center;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; line-height: 10.02pt; margin-left: 0%;">53</span></div> </div> </div> </div> <div style="float: left; margin-bottom: 5.0pt; width: 100%;"></div> <hr style="clear: both; margin: 40.0pt 0.25pt 0.25pt 0.25pt;" /></div> <div> <div><a id="xx_6f541e02-145b-4442-80b8-adf4d990b3c8_9"></a> <div style="page-break-after: always; position: relative;"> <div style="clear: both;"></div> <div style="float: left; min-height: 696pt; margin-left: 39pt; margin-top: 36pt; width: 516pt;"> <div style="line-height: 12.02pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">Senior Loans and Second Lien Loans but often pay interest at higher rates reflecting this additional risk. Such investments </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">generally are of below investment grade quality. Other than their more subordinated status, such investments have many </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">characteristics and risks similar to Senior Loans and Second Lien Loans discussed above.</span></div> <div style="line-height: 12.02pt; margin-top: 9.80pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-style: italic; margin-left: 29pt;">Unsecured Loans</span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">. Unsecured Loans are loans made by public and private corporations and other non-governmental </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">entities and issuers for a variety of purposes. Unsecured Loans generally have lower priority in right of payment compared to </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">holders of secured debt of the borrower. Unsecured Loans are not secured by a security interest or lien to or on specified </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">collateral securing the borrower&#8217;s obligation under the loan. Unsecured Loans by their terms may be or may become subordinate </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">in right of payment to other obligations of the borrower, including Senior Loans, Second Lien Loans and Subordinated Secured </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">Loans. Unsecured Loans may have fixed or floating rate interest payments. Because unsecured Loans are subordinate to the </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">secured debt of the borrower, they present a greater degree of investment risk but often pay interest at higher rates reflecting this </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">additional risk. Such investments generally are of below investment grade quality. Other than their subordinated and unsecured </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">status, such investments have many characteristics and risks similar to Senior Loans, Second Lien Loans and Subordinated </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">Secured Loans discussed above.</span></div> <div style="line-height: 12.02pt; margin-top: 9.80pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-style: italic; margin-left: 29pt;">Mezzanine Investments</span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">. The Fund may invest in certain lower grade securities known as &#8220;Mezzanine Investments,&#8221; which </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">are subordinated debt securities that are generally issued in private placements in connection with an equity security (e.g., with </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">attached warrants) or may be convertible into equity securities. Mezzanine Investments may be issued with or without </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">registration rights. Similar to other lower grade securities, maturities of Mezzanine Investments are typically seven to ten years, </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">but the expected average life is significantly shorter at three to five years. Mezzanine Investments are usually unsecured and </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">subordinated to other obligations of the issuer.</span></div> <div style="line-height: 12.02pt; margin-top: 9.80pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-style: italic; margin-left: 29pt;">Convertible Securities</span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">. Convertible securities include bonds, debentures, notes, preferred stocks and other securities that </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">entitle the holder to acquire common stock or other equity securities of the issuer. Convertible securities have general </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">characteristics similar to both debt and equity securities. A convertible security generally entitles the holder to receive interest or </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">preferred dividends paid or accrued until the convertible security matures or is redeemed, converted or exchanged. Before </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">conversion, convertible securities have characteristics similar to non-convertible debt obligations. Convertible securities rank </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">senior to common stock in a corporation&#8217;s capital structure and, therefore, generally entail less risk than the corporation&#8217;s </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">common stock, although the extent to which such risk is reduced depends in large measure upon the degree to which the </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">convertible security sells above its value as a debt obligation. A convertible security may be subject to redemption at the option </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">of the issuer at a predetermined price. If a convertible security held by the Fund is called for redemption, the Fund would be </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">required to permit the issuer to redeem the security and convert it to underlying common stock, or would sell the convertible </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">security to a third party, which may have an adverse effect on the Fund&#8217;s ability to achieve its investment objectives. The price of </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">a convertible security often reflects variations in the price of the underlying common stock in a way that non-convertible debt </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">may not. The value of a convertible security is a function of (i) its yield in comparison to the yields of other securities of </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">comparable maturity and quality that do not have a conversion privilege and (ii) its worth if converted into the underlying </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">common stock.</span></div> <div style="line-height: 12.02pt; margin-top: 9.80pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-style: italic; margin-left: 29pt;">Preferred Stocks</span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">. Preferred stocks represent the senior residual interest in the assets of an issuer after meeting all claims, </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">with priority to corporate income and liquidation payments over the issuer&#8217;s common stock. As such, preferred stock is </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">inherently more risky than the bonds and loans of the issuer, but less risky than its common stock. Preferred stocks often contain </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">provisions that allow for redemption in the event of certain tax or legal changes or at the issuers&#8217; call. Preferred stocks typically </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">do not provide any voting rights, except in cases when dividends are in arrears beyond a certain time period. Preferred stock in </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">some instances is convertible into common stock.</span></div> <div style="line-height: 12.02pt; margin-top: 9.80pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;">Although they are equity securities, preferred stocks have certain characteristics of both debt and common stock. They </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">are debt-like in that their promised income is contractually fixed. They are common stock-like in that they do not have rights to </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">precipitate bankruptcy proceedings or collection activities in the event of missed payments. Furthermore, they have many of the </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">key characteristics of equity due to their subordinated position in an issuer&#8217;s capital structure and because their quality and value </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">are heavily dependent on the profitability of the issuer rather than on any legal claims to specific assets or cash flows. In order to </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">be payable, dividends on preferred stock must be declared by the issuer&#8217;s board of directors. In addition, distributions on </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">preferred stock may be subject to deferral and thus may not be automatically payable. Income payments on some preferred </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">stocks are cumulative, causing dividends and distributions to accrue even if not declared by the board of directors or otherwise </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">made payable. Other preferred stocks are non-cumulative, meaning that skipped dividends and distributions do not continue to </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">accrue. There is no assurance that dividends on preferred stocks in which the Fund invests will be declared or otherwise made </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">payable. If the Fund owns preferred stock that is deferring its distributions, the Fund may be required to report income for U.S. </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">federal income tax purposes while it is not receiving cash payments corresponding to such income. When interest rates fall </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">below the rate payable on an issue of preferred stock or for other reasons, the issuer may redeem the preferred stock, generally </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">after an initial period of call protection in which the stock is not redeemable. Preferred stocks may be significantly less liquid </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">than many other securities, such as U.S. Government securities, corporate bonds and common stock.</span></div> </div> <div style="clear: both;"></div> <div style="float: left; margin-left: 39pt; margin-top: 12pt; width: 516pt; min-height: 12pt;"> <div style="line-height: 10.02pt; text-align: center;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; line-height: 10.02pt; margin-left: 0%;">54</span></div> </div> </div> </div> <div style="float: left; margin-bottom: 5.0pt; width: 100%;"></div> <hr style="clear: both; margin: 40.0pt 0.25pt 0.25pt 0.25pt;" /></div> <div> <div><a id="xx_6f541e02-145b-4442-80b8-adf4d990b3c8_10"></a> <div style="page-break-after: always; position: relative;"> <div style="clear: both;"></div> <div style="float: left; min-height: 696pt; margin-left: 39pt; margin-top: 36pt; width: 516pt;"> <div style="line-height: 12.02pt; margin-top: 10pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-style: italic; margin-left: 29pt;">U.S. Government Securities</span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">. The Fund may invest in debt securities issued or guaranteed by the U.S. government, its </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">agencies or instrumentalities including: (1) U.S. Treasury obligations, which differ in their interest rates, maturities and times of </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">issuance, such as U.S. Treasury bills (maturity of one year or less), U.S. Treasury notes (maturity of one to ten years), and U.S. </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">Treasury bonds (generally maturities of greater than ten years), including the principal components or the interest components </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">issued by the U.S. government under the separate trading of registered interest and principal securities program (i.e., &#8220;STRIPS&#8221;), </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">all of which are backed by the full faith and credit of the United States; and (2) obligations issued or guaranteed by U.S. </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">government agencies or instrumentalities, including government guaranteed mortgage-related securities, some of which are </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">backed by the full faith and credit of the U.S. Treasury, some of which are supported by the right of the issuer to borrow from the </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">U.S. government, and some of which are backed only by the credit of the issuer itself.</span></div> <div style="line-height: 12.02pt; margin-top: 10.00pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-style: italic; margin-left: 29pt;">Foreign Securities</span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">. While the Fund invests primarily in securities of U.S. issuers, the Fund may invest up to 20% of its </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">total assets in non-U.S. dollar-denominated fixed-income securities of corporate and governmental issuers located outside the </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">United States, including up to 10% in emerging markets. Foreign securities include securities issued or guaranteed by companies </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">organized under the laws of countries other than the United States and securities issued or guaranteed by foreign governments, </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">their agencies or instrumentalities and supra-national governmental entities, such as the World Bank. Foreign securities also may </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">be traded on foreign securities exchanges or in over-the-counter capital markets. The value of foreign securities and obligations </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">is affected by changes in currency rates, foreign tax laws (including withholding tax), government policies (in this country or </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">abroad), relations between nations and trading, settlement, custodial and other operational risks. In addition, the costs of </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">investing abroad are generally higher than in the United States, and foreign securities markets may be less liquid, more volatile </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">and less subject to governmental supervision than markets in the United States. Foreign investments also could be affected by </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">other factors not present in the United States, including expropriation, armed conflict, confiscatory taxation, lack of uniform </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">accounting and auditing standards, less publicly available financial and other information and potential difficulties in enforcing </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">contractual obligations.</span></div> <div style="line-height: 12.02pt; margin-top: 10.00pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;">Since the Fund may invest in securities and obligations that are denominated or quoted in currencies other than the U.S. </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">dollar, the Fund may be affected by changes in foreign currency exchange rates (and exchange control regulations) which affect </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">the value of investments in the Fund and the accrued income and appreciation or depreciation of the investments in U.S. dollars. </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">Changes in foreign currency exchange rates relative to the U.S. dollar will affect the U.S. dollar value of the Fund&#8217;s assets </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">denominated in that currency and the Fund&#8217;s return on such assets as well as any temporary uninvested reserves in bank deposits </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">in foreign currencies. In addition, the Fund will incur costs in connection with conversions between various currencies. The </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">Fund may seek to fully hedge its exposures to foreign currencies but may, at the discretion of the Sub-Adviser, at any time limit </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">or eliminate foreign currency hedging activity. See &#8220;&#8212;Derivative Transactions&#8212;Foreign Currency Transactions.&#8221;</span></div> <div style="line-height: 12.02pt; margin-top: 10.00pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-style: italic; margin-left: 29pt;">Sovereign and Supranational Obligations</span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">. The Fund may invest in sovereign debt securities, which are debt securities </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">issued or guaranteed by foreign governmental entities, such as foreign government debt or foreign treasury bills. Investments in </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">sovereign debt securities involve special risks in addition to those risks usually associated with investments in debt securities, </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">including risks associated with economic or political uncertainty and the risk that the governmental authority that controls the </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">repayment of sovereign debt may be unwilling or unable to repay the principal and/or interest when due. The Fund may also </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">invest in securities or other obligations issued or backed by supranational organizations, which are international organizations </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">that are designated or supported by government entities or banking institutions typically to promote economic reconstruction or </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">development. These obligations are subject to the risk that the government(s) on whose support the organization depends may be </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">unable or unwilling to provide the necessary support. With respect to both sovereign and supranational obligations, the Fund </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">may have little recourse against the foreign government or supranational organization that issues or backs the obligation in the </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">event of default. These obligations may be denominated in foreign currencies and the prices of these obligations may be more </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">volatile than corporate debt obligations.</span></div> <div style="line-height: 12.02pt; margin-top: 10.00pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;">Sovereign debt instruments in which the Fund may invest may involve great risk and may be deemed to be the equivalent </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">in terms of credit quality to securities rated below investment grade by Moody&#8217;s and S&#38;P. Governmental entities may depend on </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">expected disbursements from foreign governments, multilateral agencies and international organizations to reduce principal and </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">interest arrearages on their debt obligations. The commitment on the part of these governments, agencies and others to make </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">such disbursements may be conditioned on a governmental entity&#8217;s implementation of economic or other reforms and/or </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">economic performance and the timely service of the governmental entity&#8217;s obligations. Failure to implement such reforms, </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">achieve such levels of economic performance or repay principal or interest when due may result in the cancellation of the </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">commitments to lend funds or other aid to the governmental entity, which may further impair the governmental entity&#8217;s ability or </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">willingness to service its debts in a timely manner. Some of the countries in which the Fund may invest have encountered </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">difficulties in servicing their sovereign debt obligations and have withheld payments of interest and/or principal of sovereign </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">debt. These difficulties have also led to agreements to restructure external debt obligations, which may result in costs to the </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">holders of the sovereign debt. Consequently, a government obligor may default on its obligations and/or the values of its </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">obligations may decline significantly.</span></div> </div> <div style="clear: both;"></div> <div style="float: left; margin-left: 39pt; margin-top: 12pt; width: 516pt; min-height: 12pt;"> <div style="line-height: 10.02pt; text-align: center;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; line-height: 10.02pt; margin-left: 0%;">55</span></div> </div> </div> </div> <div style="float: left; margin-bottom: 5.0pt; width: 100%;"></div> <hr style="clear: both; margin: 40.0pt 0.25pt 0.25pt 0.25pt;" /></div> <div> <div><a id="xx_6f541e02-145b-4442-80b8-adf4d990b3c8_11"></a> <div style="page-break-after: always; position: relative;"> <div style="clear: both;"></div> <div style="float: left; margin-left: 39pt; margin-top: 36pt; width: 516pt; min-height: 696pt;"> <div style="line-height: 12.02pt; margin-top: 10pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-style: italic; margin-left: 29pt;">Common Stocks and Other Common Equity Securities</span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">. The Fund may also invest in common stocks and other Common </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">Equity Securities that the Sub-Adviser believes offer attractive yield and/or capital appreciation potential. Common stock </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">represents the residual ownership interest in the issuer. Holders of common stocks and other Common Equity Securities are </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">entitled to the income and increase in the value of the assets and business of the issuer after all of its debt obligations and </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">obligations to preferred stockholders are satisfied. The Fund may invest in companies of any market capitalization.</span></div> <div style="line-height: 12.02pt; margin-top: 10.30pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-style: italic; margin-left: 29pt;">Options</span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">. As part of its Common Equity Securities strategy, the Fund currently intends to employ a strategy of writing </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">(selling) covered call options and may, from time to time, buy or sell put options on individual Common Equity Securities. In </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">addition to its covered call option strategy, the Fund may, to a lesser extent, pursue a strategy that includes the sale (writing) of </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">both covered call and put options on indices of securities and sectors of securities. This option strategy is intended to generate </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">current gains from option premiums as a means to enhance distributions payable to the Fund&#8217;s Common Shareholders. An option </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">on a security is a contract that gives the holder of the option, in return for a premium, the right to buy from (in the case of a call) </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">or sell to (in the case of a put) the writer of the option the security underlying the option at a specified exercise or &#8220;strike&#8221; price. </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">The writer of an option on a security has the obligation upon exercise of the option to deliver the underlying security upon </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">payment of the exercise price or to pay the exercise price upon delivery of the underlying security. Certain options, known as </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">&#8220;American style&#8221; options may be exercised at any time during the term of the option. Other options, known as &#8220;European style&#8221; </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">options, may be exercised only on the expiration date of the option.</span></div> <div style="line-height: 12.02pt; margin-top: 10.30pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;">If an option written by the Fund expires unexercised, the Fund realizes on the expiration date a capital gain equal to the </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">premium received by the Fund at the time the option was written. If an option purchased by the Fund expires unexercised, the </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">Fund realizes a capital loss equal to the premium paid. Prior to the earlier of exercise or expiration, an exchange-traded option </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">may be closed out by an offsetting purchase or sale of an option of the same series (type, underlying security, exercise price and </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">expiration). There can be no assurance, however, that a closing purchase or sale transaction can be effected when the Fund </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">desires. The Fund may sell put or call options it has previously purchased, which could result in a net gain or loss depending on </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">whether the amount realized on the sale is more or less than the premium and other transaction costs paid on the put or call </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">option when purchased. The Fund will realize a capital gain from a closing purchase transaction if the cost of the closing option </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">is less than the premium received from writing the option, or, if it is more, the Fund will realize a capital loss. If the premium </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">received from a closing sale transaction is more than the premium paid to purchase the option, the Fund will realize a capital </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">gain or, if it is less, the Fund will realize a capital loss. Net gains from the Fund&#8217;s option strategy will be short-term capital gains </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">which, for U.S. federal income tax purposes, will constitute net investment company taxable income.</span></div> <div style="line-height: 12.02pt; margin-top: 10.30pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;">The Fund will follow a strategy known as &#8220;covered call option writing,&#8221; which is a strategy designed to generate current </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">gains from option premiums as a means to enhance distributions payable to the Fund&#8217;s Common Shareholders. As the Fund </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">writes covered calls over more of its portfolio, its ability to benefit from capital appreciation becomes more limited.</span></div> <div style="line-height: 12.02pt; margin-top: 10.29pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;">As part of its strategy, the Fund may not sell &#8220;naked&#8221; call options on individual securities, (i.e., options representing </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">more shares of the stock than are held in the portfolio). A call option written by the Fund on a security is &#8220;covered&#8221; if the Fund </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">owns the security or instrument underlying the call or has an absolute and immediate right to acquire that security or instrument </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">without additional cash consideration (or, if additional cash consideration is required, cash or other assets determined to be </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">liquid by the Sub-Adviser (in accordance with procedures established by the board of trustees) in such amount are segregated by </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">the Fund&#8217;s custodian) upon conversion or exchange of other securities held by the Fund. A call option is also covered if the Fund </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">holds a call on the same security as the call written where the exercise price of the call held is (i) equal to or less than the </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">exercise price of the call written, or (ii) greater than the exercise price of the call written, provided the difference is maintained </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">by the Fund in segregated assets determined to be liquid by the Sub-Adviser as described above.</span></div> <div style="line-height: 12.02pt; margin-top: 10.30pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;">Put options are contracts that give the holder of the option, in return for a premium, the right to sell to the writer of the </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">option the security underlying the option at a specified exercise price at a specific time or times during the term of the option. </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">These strategies may produce a considerably higher return than the Fund&#8217;s primary strategy of covered call writing, but involve a </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">higher degree of risk and potential volatility.</span></div> <div style="line-height: 12.02pt; margin-top: 10.30pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;">The Fund will write (sell) put options on individual securities only if the put option is &#8220;covered.&#8221; A put option written by </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">the Fund on a security is &#8220;covered&#8221; if the Fund segregates or earmarks assets determined to be liquid by the Sub-Adviser, as </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">described above, equal to the exercise price. A put option is also covered if the Fund holds a put on the same security as the put </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">written where the exercise price of the put held is (i) equal to or greater than the exercise price of the put written, or (ii) less than </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">the exercise price of the put written, provided the difference is maintained by the Fund in segregated or earmarked assets </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">determined to be liquid by the Sub-Adviser, as described above.</span></div> </div> <div style="clear: both;"></div> <div style="float: left; margin-left: 39pt; margin-top: 12pt; width: 516pt; min-height: 12pt;"> <div style="line-height: 10.02pt; text-align: center;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; line-height: 10.02pt; margin-left: 0%;">56</span></div> </div> </div> </div> <div style="float: left; margin-bottom: 5.0pt; width: 100%;"></div> <hr style="clear: both; margin: 40.0pt 0.25pt 0.25pt 0.25pt;" /></div> <div> <div><a id="xx_6f541e02-145b-4442-80b8-adf4d990b3c8_12"></a> <div style="page-break-after: always; position: relative;"> <div style="clear: both;"></div> <div style="float: left; min-height: 696pt; margin-left: 39pt; margin-top: 36pt; width: 516pt;"> <div style="line-height: 12.02pt; margin-top: 10pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;">The Fund may sell put and call options on indices of securities. Options on an index differ from options on securities </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">because (i) the exercise of an index option requires cash payments and does not involve the actual purchase or sale of securities, </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">(ii) the holder of an index option has the right to receive cash upon exercise of the option if the level of the index upon which the </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">option is based is greater, in the case of a call, or less, in the case of a put, than the exercise price of the option and (iii) index </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">options reflect price-fluctuations in a group of securities or segments of the securities market rather than price fluctuations in a </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">single security.</span></div> <div style="line-height: 12.02pt; margin-top: 9.70pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-style: italic; margin-left: 29pt;">Restricted and Illiquid Securities</span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">. The Fund may invest in securities for which there is no readily available trading market </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">or that are otherwise illiquid. Illiquid securities include securities legally restricted as to resale, such as commercial paper issued </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">pursuant to Section&#160;4(2) of the Securities Act of 1933, as amended (the &#8220;Securities Act&#8221;), and securities eligible for resale </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">pursuant to Rule&#160;144A thereunder. Section&#160;4(2) and Rule&#160;144A securities may, however, be treated as liquid by the Investment </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">Adviser pursuant to procedures adopted by the Fund&#8217;s Board of Trustees, which require consideration of factors such as trading </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">activity, availability of market quotations and number of dealers willing to purchase the security. If the Fund invests in </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">Rule&#160;144A securities, the level of portfolio illiquidity may be increased to the extent that eligible buyers become uninterested in </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">purchasing such securities.</span></div> <div style="line-height: 12.02pt; margin-top: 9.71pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;">It may be difficult to sell such securities at a price representing the fair value until such time as such securities may be </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">sold publicly. Where registration is required, a considerable period may elapse between a decision to sell the securities and the </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">time when it would be permitted to sell. Thus, the Fund may not be able to obtain as favorable a price as that prevailing at the </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">time of the decision to sell. The Fund may also acquire securities through private placements under which it may agree to </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">contractual restrictions on the resale of such securities. Such restrictions might prevent their sale at a time when such sale would </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">otherwise be desirable.</span> </span></div> </div> <div style="line-height: 12.02pt; margin-top: 9.70pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-weight: bold;">Government Sponsored Investment Programs</span></div> <div style="line-height: 12.02pt; margin-top: 9.71pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;">From time to time, the Fund may seek to invest in credit securities through one or more programs that may from time to </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">time be sponsored, established or operated by the U.S. Department of the Treasury, the Board of Governors of the Federal </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">Reserve System and other governmental agencies.</span></div> <div style="line-height: 12.02pt; margin-top: 9.70pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-weight: bold;">Derivative Transactions</span></div> <div style="line-height: 12.02pt; margin-top: 9.70pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;">The Fund may, but is not required to, use various strategic transactions in swaps, futures, options and other derivative </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">contracts in order to earn income, facilitate portfolio management and mitigate risks. These strategies may be executed through </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">the use of derivative contracts. </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">In the course of pursuing these investment strategies, the Fund may purchase and sell exchange-listed</span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"> and OTC put and call options on securities, equity and fixed-income indices and other instruments, purchase and sell </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">futures contracts and options thereon, and enter into various transactions such as swaps, caps, floors or collars. In addition, </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">derivative transactions may also include new techniques, instruments or strategies that are permitted as regulatory changes </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">occur. In order to help protect the soundness of derivative transactions and outstanding derivative positions, the Sub-Adviser </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">generally requires derivative counterparties to have a minimum credit rating of A from Moody&#8217;s (or a comparable rating from </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">another NRSRO) and monitors such rating on an ongoing basis. In addition, the Sub-Adviser seeks to allocate derivative </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">transactions to limit exposure to any single counterparty. The Fund has not adopted a maximum percentage limit with respect to </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">derivative investments. However, the Board of Trustees will receive regular reports from the Investment Adviser and the Sub-Adviser</span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"> regarding the Fund&#8217;s use of derivative instruments and the effect of derivative transactions on the management of the </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">Fund&#8217;s portfolio and the performance of the Fund.</span></div> <div style="line-height: 12.02pt; margin-top: 9.70pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-style: italic; margin-left: 29pt;">Credit Derivatives</span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">. Credit default derivatives are linked to the price of reference securities or loans after a default by the </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">issuer or borrower, respectively. Market spread derivatives are based on the risk that changes in market factors, such as credit </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">spreads, can cause a decline in the value of a security, loan or index. There are three basic transactional forms for credit </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">derivatives: swaps, options and structured instruments. The use of credit derivatives is a highly specialized activity which </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">involves strategies and risks different from those associated with ordinary portfolio security transactions. When the Fund </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">engages in a credit derivative transaction, it may have to earmark or segregate cash or liquid securities, and mark the same on a </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">daily basis, in an amount necessary to comply with currently applicable regulatory requirements.</span></div> <div style="line-height: 12.02pt; margin-top: 9.70pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;">The Fund may invest in credit default swap transactions and credit-linked notes (described below) for hedging and </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">investment purposes. The &#8220;buyer&#8221; in a credit default swap contract is obligated to pay the &#8220;seller&#8221; a periodic stream of payments </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">over the term of the contract provided that no event of default on an underlying reference obligation has occurred. If an event of </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">default occurs, the seller must pay the buyer the full notional value, or &#8220;par value,&#8221; of the reference obligation. Credit default </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">swap transactions are either &#8220;physical delivery&#8221; settled or &#8220;cash&#8221; settled. Physical delivery entails the actual delivery of the </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">reference asset to the seller in exchange for the payment of the full par value of the reference asset. Cash settled entails a net </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">cash payment from the seller to the buyer based on the difference of the par value of the reference asset and the current value of </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">the reference asset that may, after a default, have lost some, most, or all of its value.</span></div> </div> <div style="clear: both;"></div> <div style="float: left; margin-left: 39pt; margin-top: 12pt; width: 516pt; min-height: 12pt;"> <div style="line-height: 10.02pt; text-align: center;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; line-height: 10.02pt; margin-left: 0%;">57</span></div> </div> </div> </div> <div style="float: left; margin-bottom: 5.0pt; width: 100%;"></div> <hr style="clear: both; margin: 40.0pt 0.25pt 0.25pt 0.25pt;" /></div> <div> <div><a id="xx_6f541e02-145b-4442-80b8-adf4d990b3c8_13"></a> <div style="page-break-after: always; position: relative;"> <div style="clear: both;"></div> <div style="float: left; min-height: 696pt; margin-left: 39pt; margin-top: 36pt; width: 516pt;"> <div style="line-height: 12.02pt; margin-top: 10pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;">The Fund may be either the buyer or seller in a credit default swap transaction and generally will be a buyer in instances </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">in which the Fund actually owns the underlying debt security and seeks to hedge against the risk of default in that debt security. </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">If the Fund is a buyer and no event of default occurs, the Fund will have made a series of periodic payments (in an amount more </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">or less than the value of the cash flows received on the underlying debt security) and recover nothing of monetary value. </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">However, if an event of default occurs, the Fund (if the buyer) will receive the full notional value of the reference obligation </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">either through a cash payment in exchange for such asset or a cash payment in addition to owning the reference asset. The Fund </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">generally will be a seller when it seeks to take the credit risk of a particular debt security and, as a seller, the Fund receives a </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">fixed rate of income throughout the term of the contract, which typically is between six months and ten years, provided that </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">there is no event of default. If an event of default occurs, the seller must pay the buyer the full notional value of the reference </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">obligation through either physical settlement and/or cash settlement. Credit default swap transactions involve greater risks than </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">if the Fund had invested in the reference obligation directly, including counterparty credit risk and leverage risk.</span></div> <div style="line-height: 12.02pt; margin-top: 9.70pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;">typically is between six months and five years, provided that there is no credit event during the pendency of the trade. If a </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">credit event occurs, the Fund as seller generally must pay the buyer the full notional value, or &#8220;par value&#8221; of the swap in </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">exchange for an equal face amount of the reference obligations of the entity described in the swap, or the Fund may be required </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">to deliver the related net cash amount, depending on the settlement methodology of the swap. Unless and until the Fund actually </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">receives the defaulted reference obligation, it will not be a holder of record of such obligation and will not have any rights as a </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">creditor against the relevant issuer.</span></div> <div style="line-height: 12.02pt; margin-top: 9.70pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;">The Fund would earmark and reserve assets necessary to meet any accrued payment obligations when it is the buyer of a </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">credit default swap. In cases where the Fund is the seller of a credit default swap, if the credit default swap provides for physical </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">settlement, the Fund would be required to earmark and reserve the full notional amount of the credit default swap. Where the </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">Fund sells protection, it effectively adds the equivalent of leverage to its portfolio because, in addition to its total assets, the </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">Fund would be subject to investment exposure on the notional amount of the swap.</span></div> <div style="line-height: 12.02pt; margin-top: 9.70pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-style: italic; margin-left: 29pt;">Foreign Currency Transactions</span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">. The Fund may (but is not required to) hedge some or all of its exposure to non-U.S. </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">currencies through the use of forward foreign currency exchange contracts, options on foreign currencies, foreign currency </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">futures contracts and swaps and other derivatives transactions. Suitable hedging transactions may not be available in all </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">circumstances and there can be no assurance that the Fund will engage in such transactions at any given time or from time to </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">time when they would be beneficial. Although the Fund has the flexibility to engage in such transactions, the Investment Adviser </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">or Sub-Adviser may determine not to do so or to do so only in unusual circumstances or market conditions. These transactions </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">may not be successful and may eliminate any chance for the Fund to benefit from favorable fluctuations in relevant foreign </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">currencies. The Fund may also use derivatives transactions for purposes of increasing exposure to a foreign currency or to shift </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">exposure to foreign currency fluctuations from one currency to another.</span></div> <div style="line-height: 12.02pt; margin-top: 9.70pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;">For a more complete discussion of the Fund&#8217;s investment practices involving transactions in derivatives and certain other </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">investment techniques, see &#8220;Investment Objective and Policies&#8212;Derivative Instruments&#8221; in the Fund&#8217;s SAI.</span></div> <div style="line-height: 12.02pt; margin-top: 9.71pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-weight: bold;">Municipal Securities</span></div> <div style="line-height: 12.02pt; margin-top: 9.70pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;">The Fund may invest directly or indirectly in municipal securities. Municipal securities include securities issued by or on </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">behalf of states, territories and possessions of the United States and the District of Columbia and their political subdivisions, </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">agencies and instrumentalities, the payments from which, in the opinion of bond counsel to the issuer, are excludable from gross </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">income for federal income tax purposes. Municipal securities also include taxable securities issued by such issuers. Municipal </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">bonds may include those backed by, among other things, state taxes and essential service revenues as well as health care and </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">higher education issuers, among others, or be supported by dedicated revenue streams and/or statutory liens.</span></div> <div style="line-height: 12.02pt; margin-top: 9.71pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-weight: bold;">Temporary Investments</span></div> <div style="line-height: 12.02pt; margin-top: 9.70pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;">At any time when a temporary posture is believed by the Investment Adviser to be warranted (a &#8220;temporary defensive </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">period&#8221;), the Fund may, without limitation, hold cash or invest its assets in money market instruments and repurchase </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">agreements in respect of those instruments. </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">The money market instruments in which the Fund may invest are obligations of the </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">U.S. government, its agencies or instrumentalities; commercial paper rated A-1 or higher by S&#38;P or Prime-1 by Moody&#8217;s; and </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">certificates of deposit and bankers&#8217; acceptances issued by domestic branches of U.S. banks that are members of the Federal </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">Deposit Insurance Corporation. During a temporary defensive period, the Fund may also invest in shares of money market </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">mutual funds. Money market mutual funds are investment companies, and the investments in those companies by the Fund are in </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">some cases subject to the 1940 Act&#8217;s limitations on investments in other investment companies. See &#8220;Investment Restrictions&#8221; in </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">the Fund&#8217;s SAI. As a shareholder in a mutual fund, the Fund will bear its ratable share of its expenses, including management </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">fees, and will remain subject to payment of the fees to the Investment Adviser, with respect to assets so invested. See </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">&#8220;Management of the Fund.&#8221; The Fund may not achieve its investment objective during a temporary defensive period or be able </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">to sustain its historical distribution levels.</span></div> </div> <div style="clear: both;"></div> <div style="float: left; margin-left: 39pt; margin-top: 12pt; width: 516pt; min-height: 12pt;"> <div style="line-height: 10.02pt; text-align: center;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; line-height: 10.02pt; margin-left: 0%;">58</span></div> </div> </div> </div> <div style="float: left; margin-bottom: 5.0pt; width: 100%;"></div> <hr style="clear: both; margin: 40.0pt 0.25pt 0.25pt 0.25pt;" /></div> <div> <div><a id="xx_6f541e02-145b-4442-80b8-adf4d990b3c8_14"></a> <div style="page-break-after: always; position: relative;"> <div style="clear: both;"></div> <div style="float: left; min-height: 696pt; margin-left: 39pt; margin-top: 36pt; width: 516pt;"> <div style="line-height: 12.02pt; margin-top: 10pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-weight: bold;">Certain Other Investment Practices</span></div> <div style="line-height: 12.02pt; margin-top: 10.00pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-style: italic; margin-left: 29pt;">When Issued, Delayed Delivery Securities and Forward Commitments</span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">. The Fund may enter into forward commitments </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">for the purchase or sale of securities, including on a &#8220;when issued&#8221; or &#8220;delayed delivery&#8221; basis, in excess of customary </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">settlement periods for the type of security involved.</span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"> In some cases, a forward commitment may be conditioned upon the </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">occurrence of a subsequent event, such as approval and consummation of a merger, corporate reorganization or debt </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">restructuring (i.e., a when, as and if issued security). When such transactions are negotiated, the price is fixed at the time of the </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">commitment, with payment and delivery taking place in the future, generally a month or more after the date of the commitment. </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">While it will only enter into a forward commitment with the intention of actually acquiring the security, the Fund may sell the </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">security before the settlement date if it is deemed advisable. Securities purchased under a forward commitment are subject to </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">market fluctuation, and no interest (or dividends) accrues to the Fund prior to the settlement date. Under current regulatory </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">requirements, the Fund will segregate with its custodian cash or liquid securities in an aggregate amount at least equal to the </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">amount of its outstanding forward commitments. There is a risk that the securities may not be delivered and that the Fund may </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">incur a loss. Forward commitments involve a risk of loss if the value of the security to be purchased declines prior to the </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">settlement date, which risk is in addition to the risk of decline in value of the Fund&#8217;s other assets. In addition, recently finalized </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">FINRA rules include mandatory margin requirements that will require the Fund to post collateral in connection with certain of </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">these transactions. There is no similar requirement applicable to the Fund&#8217;s counterparties. The required collateralization of these </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">transactions could increase the cost of such transactions to the Fund and impose added operational complexity.</span></div> <div style="line-height: 12.02pt; margin-top: 10.00pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-style: italic; margin-left: 29pt;">Loans of Portfolio Securities</span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">. To increase income, the Fund may lend its portfolio securities to securities broker-dealers </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">or financial institutions if (i) the loan is collateralized in accordance with applicable regulatory requirements and (ii) no loan </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">will cause the value of all loaned securities to exceed 331/3% of the value of the Fund&#8217;s total assets. If the borrower fails to </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">maintain the requisite amount of collateral, the loan automatically terminates and the Fund could use the collateral to replace the </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">securities while holding the borrower liable for any excess of replacement cost over the value of the collateral. As with any </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">extension of credit, there are risks of delay in recovery and in some cases even loss of rights in collateral should the borrower of </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">the securities fail financially. There can be no assurance that borrowers will not fail financially. On termination of the loan, the </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">borrower is required to return the securities to the Fund, and any gain or loss in the market price during the period of the loan </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">would inure to the Fund. If the other party to the loan petitions for bankruptcy or becomes subject to the United States </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">Bankruptcy Code, the law regarding the rights of the Fund is unsettled. As a result, under extreme circumstances, there may be a </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">restriction on the Fund&#8217;s ability to sell the collateral and the Fund would suffer a loss. See &#8220;Investment Objective and Policies </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">Loans of Portfolio Securities&#8221; in the Fund&#8217;s SAI.</span></div> <div style="line-height: 12.02pt; margin-top: 10.00pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-style: italic; margin-left: 29pt;">Repurchase Agreements</span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">. Repurchase agreements may be seen as loans by the Fund collateralized by underlying debt </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">securities. Under the terms of a typical repurchase agreement, the Fund would acquire an underlying debt obligation or other </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">security for a relatively short period (usually not more than one week) subject to an obligation of the seller to repurchase, and the </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">Fund to resell, the obligation at an agreed price and time. This arrangement results in a fixed rate of return to the Fund that is not </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">subject to market fluctuations during the holding period. In the event of the insolvency of the counterparty to a repurchase </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">agreement, recovery of the repurchase price owed to the Fund may be delayed. Such an insolvency may result in a loss to the </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">extent that the value of the purchased securities or other assets decreases during the delay or that value has otherwise not been </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">maintained at an amount equal to the repurchase price. The Sub-Adviser reviews the creditworthiness of the counterparties with </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">which the Fund enters into repurchase agreements to evaluate these risks and monitors on an ongoing basis the value of the </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">securities subject to repurchase agreements to ensure that the value is maintained at the required level. The Fund will not enter </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">into repurchase agreements with the Investment Adviser, the Sub-Adviser or their affiliates.</span></div> <div style="line-height: 12.02pt; margin-top: 10.00pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-style: italic; margin-left: 29pt;">Reverse Repurchase Agreements</span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">. The Fund may enter into reverse repurchase agreements. Under a reverse repurchase </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">agreement, the Fund temporarily transfers possession of a portfolio instrument to another party, such as a bank or broker-dealer, </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">in return for cash. At the same time, the Fund agrees to repurchase the instrument at an agreed upon time and price, which </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">reflects an interest payment. The Fund may enter into such agreements when it is able to invest the cash acquired at a rate higher </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">than the cost of the agreement, which would increase earned income. Reverse repurchase agreements involve the risks that the </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">interest income earned on the investment of the proceeds will be less than the interest expense and Fund expenses associated </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">with the repurchase agreement, that the market value of the securities or other assets sold by the Fund may decline below the </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">price at which the Fund is obligated to repurchase such securities and that the securities may not be returned to the Fund. There </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">is no assurance that reverse repurchase agreements can be successfully employed. In the event of the insolvency of the </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">counterparty to a reverse repurchase agreement, recovery of the securities or other assets sold by the Fund may be delayed. The </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">counterparty&#8217;s insolvency may result in a loss equal to the amount by which the value of the securities or other assets sold by the </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">Fund exceeds the repurchase price payable by the Fund; if the value of the purchased securities or other assets increases during </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">such a delay, that loss may also be increased. When the Fund enters into a reverse repurchase agreement, any fluctuations in the </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">market value of either the instruments transferred to another party or the instruments in which the proceeds may be invested </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">would affect the market value of the Fund&#8217;s assets. As a result, such transactions may increase fluctuations in the net asset value </span></div> </div> <div style="clear: both;"></div> <div style="float: left; margin-left: 39pt; margin-top: 12pt; width: 516pt; min-height: 12pt;"> <div style="line-height: 10.02pt; text-align: center;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; line-height: 10.02pt; margin-left: 0%;">59</span></div> </div> </div> </div> <div style="float: left; margin-bottom: 5.0pt; width: 100%;"></div> <hr style="clear: both; margin: 40.0pt 0.25pt 0.25pt 0.25pt;" /></div> <div> <div><a id="xx_6f541e02-145b-4442-80b8-adf4d990b3c8_15"></a> <div style="page-break-after: always; position: relative;"> <div style="clear: both;"></div> <div style="float: left; min-height: 696pt; margin-left: 39pt; margin-top: 36pt; width: 516pt;"> <div style="line-height: 12.02pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">of the Fund&#8217;s Common Shares. Because reverse repurchase agreements may be considered to be the practical equivalent of </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">borrowing funds, they constitute a form of leverage. Such agreements will be treated as subject to investment restrictions </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">regarding &#8220;borrowings.&#8221; If the Fund reinvests the proceeds of a reverse repurchase agreement at a rate lower than the cost of the </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">agreement, entering into the agreement will lower the Fund&#8217;s cash available for distribution.</span></div> <div style="line-height: 12.02pt; margin-top: 9.90pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-weight: bold;">Portfolio Turnover</span></div> <div style="line-height: 12.02pt; margin-top: 9.90pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;">The Fund will buy and sell securities to seek to accomplish its investment objective. Portfolio turnover generally involves </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">some expense to the Fund, including brokerage commissions or dealer mark-ups and other transaction costs on the sale of </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">securities and reinvestment in other securities. </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">The portfolio turnover rate is computed by dividing the lesser of the amount of </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">the securities purchased or securities sold by the average monthly value of securities owned during the year (excluding securities </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">whose maturities at acquisition were one year or less). The Fund&#8217;s portfolio turnover rate may vary greatly from year to year. </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">Higher portfolio turnover may decrease the after-tax return to individual investors in the Fund to the extent it results in a </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">decrease of the long-term capital gains portion of distributions to shareholders. For the fiscal years ended May 31, 2021 and </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">May 31, 2020, the Fund&#8217;s portfolio turnover rate was 64% and 41%, respectively.</span></div> <div style="line-height: 12.02pt; margin-top: 9.90pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-weight: bold;"> <span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-weight: bold;">Investment Restrictions</span></span></div> <div style="line-height: 12.02pt; margin-top: 9.90pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;">The Fund has adopted certain other investment limitations designed to limit investment risk. These limitations are </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">fundamental and may not be changed without the approval of the holders of a majority of the outstanding Common Shares, as </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">defined in the 1940 Act (and preferred shares, if any, voting together as a single class). See &#8220;Investment Restrictions&#8221; in the SAI </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">for a complete list of the fundamental investment policies of the Fund.</span></div> <ix:nonNumeric name="cef:EffectsOfLeverageTextBlock" id="t_1_e0e13b9b_a763_0c1d_119e_2685db62943c" escape="true" continuedAt="t_1_e0e13b9b_a763_0c1d_119e_2685db62943c_1" contextRef="DefaultContext"> <div style="line-height: 22.02pt; margin-top: 6.90pt; text-align: center;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-weight: bold; margin-left: 0%; text-transform: uppercase;">USE OF FINANCIAL LEVERAGE</span></div> </ix:nonNumeric> <ix:continuation id="t_1_e0e13b9b_a763_0c1d_119e_2685db62943c_1" continuedAt="t_1_e0e13b9b_a763_0c1d_119e_2685db62943c_2"> <div style="line-height: 12.02pt; margin-top: 4.90pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;">The Fund may seek to enhance the level of its current distributions by utilizing financial leverage through the issuance of </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">preferred shares (&#8220;Preferred Shares&#8221;), through borrowing or the issuance of commercial paper or other forms of debt </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">(&#8220;Borrowings&#8221;), through reverse repurchase agreements, dollar rolls or similar transactions or through a combination of the </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">foregoing (&#8220;leveraged transactions&#8221; and collectively &#8220;Financial Leverage&#8221;). The Fund may utilize Financial Leverage up to the </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">limits imposed by the 1940 Act; however, the aggregate amount of Financial Leverage is not currently expected to exceed 33</span><span style="color: #000000; font-family: times new roman; font-size: 6.01pt; position: relative; top: -2.67pt;">&#8202;1</span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">&#8725;</span><span style="color: #000000; font-family: times new roman; font-size: 6.01pt;">3</span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">% </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">of the Fund&#8217;s Managed Assets after such issuance and/or borrowing. So long as the net rate of return on the Fund&#8217;s investments </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">purchased with the proceeds of Financial Leverage exceeds the cost of such Financial Leverage, such excess amounts will be </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">available to pay higher distributions to holders of the Fund&#8217;s Common Shares. There can be no assurance that a leveraging </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">strategy will be implemented or that it will be successful during any period during which it is employed.</span></div> </ix:continuation> <ix:continuation id="t_1_e0e13b9b_a763_0c1d_119e_2685db62943c_2" continuedAt="t_1_e0e13b9b_a763_0c1d_119e_2685db62943c_3"> <div style="line-height: 12.02pt; margin-top: 10.00pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;">As of May 31, 2021, outstanding Borrowings under the Fund&#8217;s committed facility agreement were $38.5&#160;million, which </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">represented approximately 3.1% of the Fund&#8217;s Managed Assets as of such date. In addition, as of May&#160;31, 2021, the Fund had </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">reverse repurchase agreements outstanding representing Financial Leverage equal to approximately 26.8% of the Fund&#8217;s </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">Managed Assets. As of May&#160;31, 2021, the Fund&#8217;s total Financial Leverage represented approximately 29.9% of the Fund&#8217;s </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">Managed Assets.</span></div> </ix:continuation> <ix:continuation id="t_1_e0e13b9b_a763_0c1d_119e_2685db62943c_3" continuedAt="t_1_e0e13b9b_a763_0c1d_119e_2685db62943c_4"> <div style="line-height: 12.02pt; margin-top: 10.00pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;">The Fund&#8217;s total Financial Leverage and leveraged transactions may vary significantly over time based on the Sub-Adviser&#8217;s</span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"> assessment of market and economic conditions, available investment opportunities and cost of leverage. The Fund has </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">at times used significantly greater levels of leverage than on May 31, 2021, and may in the future increase leverage up to the </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">parameters set forth herein.</span></div> </ix:continuation> <ix:continuation id="t_1_e0e13b9b_a763_0c1d_119e_2685db62943c_4" continuedAt="t_1_e0e13b9b_a763_0c1d_119e_2685db62943c_5"> <div style="line-height: 12.02pt; margin-top: 10.00pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-weight: bold;">Borrowing</span></div> </ix:continuation> <ix:continuation id="t_1_e0e13b9b_a763_0c1d_119e_2685db62943c_5" continuedAt="t_1_e0e13b9b_a763_0c1d_119e_2685db62943c_6"> <div style="line-height: 12.02pt; margin-top: 10.00pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;">The Fund is authorized to borrow or issue debt securities for financial leveraging purposes and for temporary purposes </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">such as the settlement of transactions. The Fund may utilize indebtedness to the maximum extent permitted under the 1940 Act. </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">Under the 1940 Act, the Fund generally is not permitted to issue commercial paper or notes or engage in other Borrowings, </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">other than temporary borrowings as defined under the 1940 Act, unless, immediately after the Borrowing, the Fund would have </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">asset coverage (as defined in the 1940 Act) of less than 300%, as measured at the time of borrowing and calculated as the ratio </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">of the Fund&#8217;s total assets (less all liabilities and indebtedness not represented by senior securities) over the aggregate amount of </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">the Fund&#8217;s outstanding senior securities representing indebtedness. In addition, other than with respect to privately arranged </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">Borrowings, the Fund generally is not permitted to declare any cash dividend or other distribution on any class of the Fund&#8217;s </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">capital stock, including the Common Shares, or purchase any such capital stock, unless, at the time of such declaration, the Fund </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">would have asset coverage (as described above) of at least 300% after deducting the amount of such dividend or other </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">distribution. If the Fund borrows, the Fund intends, to the extent possible, to prepay all or a portion of the principal amount of </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">any outstanding commercial paper, notes or other Borrowings to the extent necessary to maintain the required asset coverage.</span></div> </ix:continuation> </div> <div style="clear: both;"></div> <div style="float: left; margin-left: 39pt; margin-top: 12pt; width: 516pt; min-height: 12pt;"> <div style="line-height: 10.02pt; text-align: center;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; line-height: 10.02pt; margin-left: 0%;">60</span></div> </div> </div> </div> <div style="float: left; margin-bottom: 5.0pt; width: 100%;"></div> <hr style="clear: both; margin: 40.0pt 0.25pt 0.25pt 0.25pt;" /></div> <div> <div><a id="xx_6f541e02-145b-4442-80b8-adf4d990b3c8_16"></a> <div style="page-break-after: always; position: relative;"> <div style="clear: both;"></div> <div style="float: left; margin-left: 39pt; margin-top: 36pt; width: 516pt; min-height: 696pt;"> <ix:continuation id="t_1_e0e13b9b_a763_0c1d_119e_2685db62943c_6" continuedAt="t_1_e0e13b9b_a763_0c1d_119e_2685db62943c_7"> <div style="line-height: 12.02pt; margin-top: 10pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;">The terms of any such Borrowings may require the Fund to pay a fee to maintain a line of credit, such as a commitment </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">fee, or to maintain minimum average balances with a lender. Any such requirements would increase the cost of such Borrowings </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">over the stated interest rate. Such lenders would have the right to receive interest on and repayment of principal of any such </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">Borrowings, which right will be senior to those of the Common Shareholders. Any such Borrowings may contain provisions </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">limiting certain activities of the Fund, including the payment of dividends to Common Shareholders in certain circumstances. </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">Any Borrowings will likely be ranked senior or equal to all other existing and future Borrowings of the Fund.</span></div> </ix:continuation> <ix:continuation id="t_1_e0e13b9b_a763_0c1d_119e_2685db62943c_7" continuedAt="t_1_e0e13b9b_a763_0c1d_119e_2685db62943c_8"> <div style="line-height: 12.02pt; margin-top: 10.40pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;">Certain types of Borrowings subject the Fund to covenants in credit agreements relating to asset coverage and portfolio </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">composition requirements. Certain Borrowings issued by the Fund also may subject the Fund to certain restrictions on </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">investments imposed by guidelines of one or more rating agencies, which may issue ratings for such Borrowings. Such </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">guidelines may impose asset coverage or portfolio composition requirements that are more stringent than those imposed by the </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">1940 Act. It is not anticipated that these covenants or guidelines will impede the Sub-Adviser from managing the Fund&#8217;s </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">portfolio in accordance with the Fund&#8217;s investment objective and policies.</span></div> </ix:continuation> <ix:continuation id="t_1_e0e13b9b_a763_0c1d_119e_2685db62943c_8" continuedAt="t_1_e0e13b9b_a763_0c1d_119e_2685db62943c_9"> <div style="line-height: 12.02pt; margin-top: 10.29pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;">The 1940 Act grants to the holders of senior securities representing indebtedness issued by the Fund, other than with </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">respect to privately arranged Borrowings, certain voting rights in the event of default in the payment of interest on or repayment </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">of principal. Failure to maintain certain asset coverage requirements under the 1940 Act could result in an event of default and </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">entitle the debt holders to elect a majority of the Board.</span></div> </ix:continuation> <ix:continuation id="t_1_e0e13b9b_a763_0c1d_119e_2685db62943c_9" continuedAt="t_1_e0e13b9b_a763_0c1d_119e_2685db62943c_10"> <div style="line-height: 12.02pt; margin-top: 10.30pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;">The Fund has entered into a committed facility agreement with BNP Paribas, dated as of November 20, 2008, and </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">amended through the date hereof, pursuant to which the Fund may borrow up to $80&#160;million (this amount will increase to the </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">greater of $750&#160;million or 50% of the Net Asset Value of the Fund at the closing of the mergers of Guggenheim Enhanced </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">Equity Income Fund and Guggenheim Credit Allocation Fund into the Fund). Interest payable by the Fund on Borrowings under </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">the committed facility agreement is based on the three- month London Interbank Offered Rate (LIBOR) plus 85&#160;basis points. An </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">unused commitment fee of 0.75% may be charged on the difference between the maximum committed amount and the actual </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">amount borrowed. On May 31, 2021, outstanding Borrowings under the Fund&#8217;s committed facility agreement were </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">$38.5&#160;million. The Fund&#8217;s Borrowings under the committed facility are collateralized by portfolio assets which are maintained </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">by the Fund in a separate account with the Fund&#8217;s custodian for the benefit of the lender, which collateral exceeds the amount </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">borrowed. Securities deposited in the collateral account may, subject to certain conditions, be rehypothecated by BNP Paribas up </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">to the amount of the loan balance outstanding. The Fund continues to receive dividends and interest on rehypothecated </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">securities. The Fund also has the right to recall rehypothecated securities on demand and such securities shall be returned to the </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">collateral account within the ordinary settlement cycle. In the event a recalled security is not returned by the lender, the loan </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">balance outstanding will be reduced by the amount of the recalled security failed to be returned. The Fund receives a portion of </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">the fees earned by BNP Paribas in connection with the rehypothecation of portfolio securities. Rehypothecation of the Fund&#8217;s </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">pledged portfolio securities entails risks, including the risk that the lender will be unable or unwilling to return rehypothecated </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">securities which could result in, among other things, the Fund&#8217;s inability to find suitable investments to replace the unreturned </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">securities, thereby impairing the Fund&#8217;s ability to achieve its investment objectives. In the event of a default by the Fund under </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">the committed facility, the lender has the right to sell such collateral assets to satisfy the Fund&#8217;s obligation to the lender. The </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">amounts drawn under the committed facility may vary over time and such amounts will be reported in the Fund&#8217;s audited and </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">unaudited financial statements contained in the Fund&#8217;s annual and semi-annual reports to shareholders.</span></div> </ix:continuation> <ix:continuation id="t_1_e0e13b9b_a763_0c1d_119e_2685db62943c_10" continuedAt="t_1_e0e13b9b_a763_0c1d_119e_2685db62943c_11"> <div style="line-height: 12.02pt; margin-top: 10.30pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-weight: bold;">Reverse Repurchase Agreements and Dollar Roll Transactions</span></div> </ix:continuation> <ix:continuation id="t_1_e0e13b9b_a763_0c1d_119e_2685db62943c_11" continuedAt="t_1_e0e13b9b_a763_0c1d_119e_2685db62943c_12"> <div style="line-height: 12.02pt; margin-top: 10.30pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;">Borrowings may be made by the Fund through reverse repurchase agreements under which the Fund sells portfolio </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">securities to financial institutions such as banks and broker-dealers and agrees to repurchase them at a particular date and price. </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">Such agreements are considered to be borrowings under the 1940&#160;Act. The Fund may utilize reverse repurchase agreements </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">when it is anticipated that the interest income to be earned from the investment of the proceeds of the transaction is greater than </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">the interest expense of the transaction.</span></div> </ix:continuation> <ix:continuation id="t_1_e0e13b9b_a763_0c1d_119e_2685db62943c_12" continuedAt="t_1_e0e13b9b_a763_0c1d_119e_2685db62943c_13"> <div style="line-height: 12.02pt; margin-top: 10.30pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;">Borrowings may be made by the Fund through dollar roll transactions. A dollar roll transaction involves a sale by the </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">Fund of a mortgage-backed or other fixed-income security concurrently with an agreement by the Fund to repurchase a similar </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">security at a later date at an agreed-upon price. The securities that are repurchased will bear the same interest rate and stated </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">maturity as those sold, but pools of mortgages collateralizing those securities may have different prepayment histories than those </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">sold. During the period between the sale and repurchase, the Fund will not be entitled to receive interest and principal payments </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">on the securities sold. Proceeds of the sale will be invested in additional instruments for the Fund, and the income from these </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">investments will generate income for the Fund. If such income does not exceed the income, capital appreciation and gain or loss </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">that would have been realized on the securities sold as part of the dollar roll, the use of this technique will diminish the </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">investment performance of the Fund compared with what the performance would have been without the use of dollar rolls.</span></div> </ix:continuation> </div> <div style="clear: both;"></div> <div style="float: left; margin-left: 39pt; margin-top: 12pt; width: 516pt; min-height: 12pt;"> <div style="line-height: 10.02pt; text-align: center;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; line-height: 10.02pt; margin-left: 0%;">61</span></div> </div> </div> </div> <div style="float: left; margin-bottom: 5.0pt; width: 100%;"></div> <hr style="clear: both; margin: 40.0pt 0.25pt 0.25pt 0.25pt;" /></div> <div> <div><a id="xx_6f541e02-145b-4442-80b8-adf4d990b3c8_17"></a> <div style="page-break-after: always; position: relative;"> <div style="clear: both;"></div> <div style="float: left; margin-left: 39pt; margin-top: 36pt; width: 516pt; min-height: 696pt;"> <ix:continuation id="t_1_e0e13b9b_a763_0c1d_119e_2685db62943c_13" continuedAt="t_1_e0e13b9b_a763_0c1d_119e_2685db62943c_14"> <div style="line-height: 12.02pt; margin-top: 10pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;">With respect to any reverse repurchase agreement, dollar roll or similar transaction, the Fund&#8217;s Managed Assets shall </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">include any proceeds from the sale of an asset of the Fund to a counterparty in such a transaction, in addition to the value of the </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">underlying asset as of the relevant measuring date.</span></div> </ix:continuation> <ix:continuation id="t_1_e0e13b9b_a763_0c1d_119e_2685db62943c_14" continuedAt="t_1_e0e13b9b_a763_0c1d_119e_2685db62943c_15"> <div style="line-height: 12.02pt; margin-top: 10.10pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;">With respect to Financial Leverage incurred through investments in reverse repurchase agreements, dollar rolls and </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">economically similar transactions, the Fund intends to earmark or segregate cash or liquid securities in accordance with </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">applicable interpretations of the staff of the SEC. As a result of such segregation, the Fund&#8217;s obligations under such transactions </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">will not be considered senior securities representing indebtedness for purposes of the 1940 Act and the Fund&#8217;s use of leverage </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">through reverse repurchase agreements, dollar rolls and economically similar transactions will not be limited by the 1940 Act. </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">However, the Fund&#8217;s use of leverage through reverse repurchase agreements, dollar rolls and economically similar transactions </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">will be included when calculating the Fund&#8217;s Financial Leverage and therefore will be limited by the Fund&#8217;s maximum overall </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">leverage levels approved by the Board of Trustees (currently 33</span><span style="color: #000000; font-family: times new roman; font-size: 6.01pt; position: relative; top: -2.67pt;">&#8202;1</span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">&#8725;</span><span style="color: #000000; font-family: times new roman; font-size: 6.01pt;">3</span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">% of the Fund&#8217;s Managed Assets) and may be further limited </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">by the availability of cash or liquid securities to earmark or segregate in connection with such transactions.</span></div> </ix:continuation> <ix:continuation id="t_1_e0e13b9b_a763_0c1d_119e_2685db62943c_15" continuedAt="t_1_e0e13b9b_a763_0c1d_119e_2685db62943c_16"> <div style="line-height: 12.02pt; margin-top: 10.10pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;">As described below, the SEC adopted a final rule related to the use of derivatives, reverse repurchase agreements and </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">certain other transactions by registered investment companies that will rescind and withdraw the guidance of the SEC and its </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">staff regarding asset segregation and coverage transactions reflected in the Fund&#8217;s asset segregation and cover practices </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">discussed herein. Under the final rule, when the Fund trades reverse repurchase agreements or similar financing transactions, </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">including certain tender option bonds, it needs to aggregate the amount of indebtedness associated with the reverse repurchase </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">agreements or similar financing transactions with the aggregate amount of any other senior securities representing indebtedness </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">when calculating the Fund&#8217;s asset coverage ratio or treat all such transactions as derivatives transactions. Reverse repurchase </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">agreements or similar financing transactions aggregated with other indebtedness do not need to be included in the calculation of </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">whether the Fund is a limited derivatives user, but if the Fund is subject to the VaR testing requirement, reverse repurchase </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">agreements and similar financing transactions must be included for purposes of such testing whether treated as derivatives </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">transactions or not.</span></div> </ix:continuation> <ix:continuation id="t_1_e0e13b9b_a763_0c1d_119e_2685db62943c_16" continuedAt="t_1_e0e13b9b_a763_0c1d_119e_2685db62943c_17"> <div style="line-height: 12.02pt; margin-top: 10.09pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-weight: bold;">Preferred Shares</span></div> </ix:continuation> <ix:continuation id="t_1_e0e13b9b_a763_0c1d_119e_2685db62943c_17" continuedAt="t_1_e0e13b9b_a763_0c1d_119e_2685db62943c_18"> <div style="line-height: 12.02pt; margin-top: 10.10pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;">The Fund&#8217;s Governing Documents provide that the Board may authorize and issue Preferred Shares with rights as </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">determined by the Board, by action of the Board without prior approval of the holders of the Common Shares. Common </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">Shareholders have no preemptive right to purchase any Preferred Shares that might be issued. </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">Any such Preferred Share offering </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">would be subject to the limits imposed by the 1940 Act. Although the Fund has no present intention to issue Preferred Shares, it </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">may in the future utilize Preferred Shares to the maximum extent permitted by the 1940 Act. Under the 1940 Act, the Fund may </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">not issue Preferred Shares if, immediately after issuance, the Fund would have asset coverage (as defined in the 1940 Act) of </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">less than 200%, calculated as the ratio of the Fund&#8217;s total assets (less all liabilities and indebtedness not represented by senior </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">securities) over the aggregate amount of the Fund&#8217;s outstanding senior securities representing indebtedness plus the aggregate </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">liquidation preference of any outstanding shares of preferred stock. In addition, the Fund generally is not permitted to declare </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">any cash dividend or other distribution on the Fund&#8217;s Common Shares, or purchase any such Common Shares, unless, at the time </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">of such declaration, the Fund would have asset coverage (as described above) of at least 200% after deducting the amount of </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">such dividend or other distribution. The 1940 Act grants to the holders of senior securities representing stock issued by the Fund </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">certain voting rights. Failure to maintain certain asset coverage requirements under the 1940 Act could entitle the holders of </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">Preferred Shares to elect a majority of the Board. See &#8220;Description of Capital Structure-Preferred Shares.&#8221;</span></div> </ix:continuation> <ix:continuation id="t_1_e0e13b9b_a763_0c1d_119e_2685db62943c_18" continuedAt="t_1_e0e13b9b_a763_0c1d_119e_2685db62943c_19"> <div style="line-height: 12.02pt; margin-top: 10.10pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-weight: bold;">Certain Portfolio Transactions</span></div> </ix:continuation> <ix:continuation id="t_1_e0e13b9b_a763_0c1d_119e_2685db62943c_19" continuedAt="t_1_e0e13b9b_a763_0c1d_119e_2685db62943c_20"> <div style="line-height: 12.02pt; margin-top: 10.10pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;">In addition the Fund may engage in certain derivatives transactions that have economic characteristics similar to leverage. </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">To the extent the terms of such transactions obligate the Fund to make payments, under current regulatory requirements, the </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">Fund intends to earmark or segregate cash or liquid securities in an amount at least equal to the current value of the amount then </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">payable by the Fund under the terms of such transactions or otherwise cover such transactions in accordance with applicable </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">interpretations of the staff of the SEC.</span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"> To the extent the terms of such transactions obligate the Fund to deliver particular </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">securities to extinguish the Fund&#8217;s obligations under such transactions the Fund may &#8220;cover&#8221; its obligations under such </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">transactions by either (i) owning the securities or collateral underlying such transactions or (ii) having an absolute and </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">immediate right to acquire such securities or collateral without additional cash consideration (or, if additional cash consideration </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">is required, having earmarked or segregated cash or liquid securities). Such segregation or cover is intended to provide the Fund </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">with available assets to satisfy its obligations under such transactions. As a result of such segregation or cover, the Fund&#8217;s </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">obligations under such transactions will not be considered senior securities representing indebtedness for purposes of the 1940 </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">Act, or included in calculating the aggregate amount of the Fund&#8217;s Financial Leverage. To the extent that the Fund&#8217;s obligations </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">under such transactions are not so segregated or covered, such obligations may be considered &#8220;senior securities representing </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">indebtedness&#8221; under the 1940 Act and therefore subject to the 300% asset coverage requirement, as described above.</span></div> </ix:continuation> </div> <div style="clear: both;"></div> <div style="float: left; margin-left: 39pt; margin-top: 12pt; width: 516pt; min-height: 12pt;"> <div style="line-height: 10.02pt; text-align: center;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; line-height: 10.02pt; margin-left: 0%;">62</span></div> </div> </div> </div> <div style="float: left; margin-bottom: 5.0pt; width: 100%;"></div> <hr style="clear: both; margin: 40.0pt 0.25pt 0.25pt 0.25pt;" /></div> <div> <div><a id="xx_6f541e02-145b-4442-80b8-adf4d990b3c8_18"></a> <div style="page-break-after: always; position: relative;"> <div style="clear: both;"></div> <div style="float: left; margin-left: 39pt; margin-top: 36pt; width: 516pt; min-height: 696pt;"> <ix:continuation id="t_1_e0e13b9b_a763_0c1d_119e_2685db62943c_20" continuedAt="t_1_e0e13b9b_a763_0c1d_119e_2685db62943c_21"> <div style="line-height: 12.02pt; margin-top: 10pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;">In October 2020, the SEC adopted a final rule related to the use of derivatives, reverse repurchase agreements and certain </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">other transactions by registered investment companies that will rescind and withdraw the guidance of the SEC and its staff </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">regarding asset segregation and cover transactions reflected in the Fund&#8217;s asset segregation and cover practices discussed herein. </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">The final rule requires the Fund to trade derivatives and other transactions that create future payment or delivery obligations </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">(except reverse repurchase agreements and similar financing transactions) subject to value-at-risk (&#8220;VaR&#8221;) leverage limits and </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">derivatives risk management program and reporting requirements. Generally, these requirements apply unless a fund satisfies a </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">&#8220;limited derivatives users&#8221; exception that is included in the final rule. Under the final rule, when the Fund trades reverse </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">repurchase agreements or similar financing transactions, including certain tender option bonds, it needs to aggregate the amount </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">of indebtedness associated with the reverse repurchase agreements or similar financing transactions with the aggregate amount </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">of any other senior securities representing indebtedness when calculating the fund&#8217;s asset coverage ratio or treat all such </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">transactions as derivatives transactions. Reverse repurchase agreements or similar financing transactions aggregated with other </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">indebtedness do not need to be included in the calculation of whether a fund satisfies the limited derivatives users exception, but </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">for funds subject to the VaR testing requirement, reverse repurchase agreements and similar financing transactions must be </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">included for purposes of such testing whether treated as derivatives transactions or not. The SEC also provided guidance in </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">connection with the new rule regarding the use of securities lending collateral that may limit the Fund&#8217;s securities lending </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">activities. Compliance with these new requirements will be required after an eighteen-month transition period. Following the </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">compliance date, these requirements may limit the ability of the Fund to use derivatives and reverse repurchase agreements and </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">similar financing transactions as part of its investment strategies. These requirements may increase the cost of the Fund&#8217;s </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">investments and cost of doing business, which could adversely affect investors.</span></div> </ix:continuation> <ix:continuation id="t_1_e0e13b9b_a763_0c1d_119e_2685db62943c_21" continuedAt="t_1_e0e13b9b_a763_0c1d_119e_2685db62943c_22"> <div style="line-height: 12.02pt; margin-top: 10.20pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-weight: bold;">Effects of Financial Leverage</span></div> </ix:continuation> <ix:continuation id="t_1_e0e13b9b_a763_0c1d_119e_2685db62943c_22" continuedAt="t_1_e0e13b9b_a763_0c1d_119e_2685db62943c_23"> <div style="line-height: 12.02pt; margin-top: 10.20pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;">As of May 31, 2021, outstanding Borrowings under the committed facility agreement were $38.5 million, which </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">represented approximately 3.1% of the Fund&#8217;s Managed Assets as of such date. In addition, as of May&#160;31, 2021, the Fund had </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">reverse repurchase agreements outstanding representing Financial Leverage equal to approximately 26.8% of the Fund&#8217;s </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">Managed Assets.</span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"> As of May&#160;31, 2021, the Fund&#8217;s total Financial Leverage represented approximately 29.9% of the Fund&#8217;s </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">Managed Assets. Assuming the Fund&#8217;s total Financial Leverage represented approximately 33</span><span style="color: #000000; font-family: times new roman; font-size: 6.01pt; position: relative; top: -2.67pt;">&#8202;1</span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">&#8725;</span><span style="color: #000000; font-family: times new roman; font-size: 6.01pt;">3</span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">% of the Fund&#8217;s Managed Assets </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">and interest costs to the Fund at a combined average annual rate of 0.55% with respect to such Financial Leverage, then the </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">incremental income generated by the Fund&#8217;s portfolio (net of estimated expenses including expenses related to the Financial </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">Leverage) must exceed approximately 0.18% to cover such interest expense. Of course, these numbers are merely estimates used </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">for illustration. The amount of Financial Leverage used by the Fund as well as actual interest expenses on such Financial </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">Leverage will vary.</span></div> </ix:continuation> <ix:continuation id="t_1_e0e13b9b_a763_0c1d_119e_2685db62943c_23" continuedAt="t_1_e0e13b9b_a763_0c1d_119e_2685db62943c_24"> <div style="line-height: 12.02pt; margin-top: 10.10pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;">The following table is furnished pursuant to requirements of the SEC. It is designed to illustrate the effect of leverage on </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">Common Share total return, assuming investment portfolio total returns (comprised of income, net expenses and changes in the </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">value of investments held in the Fund&#8217;s portfolio) of -10%, -5%, 0%, 5% and 10%. These assumed investment portfolio returns </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">are hypothetical figures and are not necessarily indicative of what the Fund&#8217;s investment portfolio returns will be. The table </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">further assumes Financial Leverage representing approximately 33</span><span style="color: #000000; font-family: times new roman; font-size: 6.01pt; position: relative; top: -2.67pt;">&#8202;1</span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">&#8725;</span><span style="color: #000000; font-family: times new roman; font-size: 6.01pt;">3</span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">% of the Fund&#8217;s Managed Assets and interest costs to the </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">Fund at a combined average annual rate of <ix:nonFraction name="cef:AnnualInterestRatePercent" id="h_1_ccde0284_5c86_b89c_5954_4561ef4cec31" contextRef="DefaultContext" unitRef="pure" decimals="4" scale="-2">0.55</ix:nonFraction>% with respect to such Financial Leverage.</span><span style="color: #000000; font-family: times new roman; font-size: 1pt; line-height: 1pt;">&#8195;</span></div> </ix:continuation> <div style="margin-top: 0.0pt;"> <ix:continuation id="t_1_e0e13b9b_a763_0c1d_119e_2685db62943c_24" continuedAt="t_1_e0e13b9b_a763_0c1d_119e_2685db62943c_25"> <ix:nonNumeric name="cef:EffectsOfLeverageTableTextBlock" id="t_2_1052b7bf_68f1_d85e_e5df_d166d0933af4" escape="true" contextRef="DefaultContext">
<table style="empty-cells: show; width: 516pt;" cellpadding="0" cellspacing="0">
<tr style="height: 12pt;">
<td style="background-color: #adfffc; padding-bottom: 4pt; padding-top: 4pt; vertical-align: Bottom; width: 305.93pt;"> <div style="line-height: 10pt; text-align: left;"> <div style="margin-right: 6pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">Assumed portfolio total return (net of expenses)</span></div> </div> </td>
<td style="background-color: #adfffc; padding-bottom: 4pt; padding-top: 4pt; vertical-align: Bottom; width: 49.55pt;"> <div style="line-height: 10pt; text-align: left;"> <div style="margin-left: 6.00pt; margin-right: 6.00pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-right: -12.52pt;">(10.00)%</span></div> </div> </td>
<td style="background-color: #adfffc; padding-bottom: 4pt; padding-top: 4pt; vertical-align: Bottom; width: 44.55pt;"> <div style="line-height: 10pt; text-align: left;"> <div style="margin-left: 6.00pt; margin-right: 6.00pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-right: -12.52pt;">(5.00)%</span></div> </div> </td>
<td style="background-color: #adfffc; padding-bottom: 4pt; padding-top: 4pt; vertical-align: Bottom; width: 41.21pt;"> <div style="line-height: 10pt; text-align: left;"> <div style="margin-left: 6.00pt; margin-right: 6.00pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 3.34pt; margin-right: -10.02pt;">0.00%</span></div> </div> </td>
<td style="background-color: #adfffc; padding-bottom: 4pt; padding-top: 4pt; vertical-align: Bottom; width: 37.88pt;"> <div style="line-height: 10pt; text-align: left;"> <div style="margin-left: 6.00pt; margin-right: 6.00pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-right: -10.02pt;">5.00%</span></div> </div> </td>
<td style="background-color: #adfffc; padding-bottom: 4pt; padding-top: 4pt; vertical-align: Bottom; width: 36.88pt;"> <div style="line-height: 10pt; text-align: left;"> <div style="margin-left: 4pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-right: -10.02pt;">10.00%</span></div> </div> </td> </tr>
<tr style="height: 9pt;">
<td style="padding-bottom: 1.5pt; padding-top: 4pt; vertical-align: Bottom; width: 305.93pt;"> <div style="line-height: 10pt; text-align: left;"> <div style="margin-right: 6pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">Common Share total return</span></div> </div> </td>
<td style="padding-bottom: 1.5pt; padding-top: 4pt; vertical-align: Bottom; width: 49.55pt;"> <div style="line-height: 10pt; text-align: left;"> <div style="margin-left: 6.00pt; margin-right: 6.00pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-right: -10.02pt;">-<ix:nonFraction name="cef:ReturnAtMinusTenPercent" id="h_2_3f90b2e5_78a8_be3d_b0da_5582866bff44" contextRef="DefaultContext" unitRef="pure" decimals="4" scale="-2" sign="-">15.28</ix:nonFraction>%</span></div> </div> </td>
<td style="padding-bottom: 1.5pt; padding-top: 4pt; vertical-align: Bottom; width: 44.55pt;"> <div style="line-height: 10pt; text-align: left;"> <div style="margin-left: 6.00pt; margin-right: 6.00pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-right: -10.02pt;">-<ix:nonFraction name="cef:ReturnAtMinusFivePercent" id="h_3_a99eb842_ac48_c4d3_08f0_022194849354" contextRef="DefaultContext" unitRef="pure" decimals="4" scale="-2" sign="-">7.78</ix:nonFraction>%</span></div> </div> </td>
<td style="padding-bottom: 1.5pt; padding-top: 4pt; vertical-align: Bottom; width: 41.21pt;"> <div style="line-height: 10pt; text-align: left;"> <div style="margin-left: 6.00pt; margin-right: 6.00pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-right: -10.02pt;">-<ix:nonFraction name="cef:ReturnAtZeroPercent" id="h_4_89bd5a51_936d_00b0_a1eb_b592d07cfbd5" contextRef="DefaultContext" unitRef="pure" decimals="4" scale="-2" sign="-">0.28</ix:nonFraction>%</span></div> </div> </td>
<td style="padding-bottom: 1.5pt; padding-top: 4pt; vertical-align: Bottom; width: 37.88pt;"> <div style="line-height: 10pt; text-align: left;"> <div style="margin-left: 6.00pt; margin-right: 6.00pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-right: -10.02pt;"><ix:nonFraction name="cef:ReturnAtPlusFivePercent" id="h_5_27db5614_b1ee_8986_78f1_39fcf0255259" contextRef="DefaultContext" unitRef="pure" decimals="4" scale="-2">7.22</ix:nonFraction>%</span></div> </div> </td>
<td style="padding-bottom: 1.5pt; padding-top: 4pt; vertical-align: Bottom; width: 36.88pt;"> <div style="line-height: 10pt; text-align: left;"> <div style="margin-left: 4pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-right: -10.02pt;"><ix:nonFraction name="cef:ReturnAtPlusTenPercent" id="h_6_2f1242b8_4b04_c4d3_0e3e_59beba851f60" contextRef="DefaultContext" unitRef="pure" decimals="4" scale="-2">14.72</ix:nonFraction>%</span></div> </div> </td> </tr> </table> </ix:nonNumeric> </ix:continuation> </div> <ix:continuation id="t_1_e0e13b9b_a763_0c1d_119e_2685db62943c_25" continuedAt="t_1_e0e13b9b_a763_0c1d_119e_2685db62943c_26"> <div style="line-height: 12.02pt; margin-top: 10pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;">Common Share total return is composed of two elements&#8212;the Common Share dividends paid by the Fund (the amount </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">of which is largely determined by the Fund&#8217;s net investment income after paying the carrying cost of Financial Leverage) and </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">realized and unrealized gains or losses on the value of the securities the Fund owns. As required by SEC rules, the table assumes </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">that the Fund is more likely to suffer capital loss than to enjoy capital appreciation. For example, to assume a total return of 0%, </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">the Fund must assume that the net investment income it receives on its investments is entirely offset by losses on the value of </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">those investments. This table reflects the hypothetical performance of the Fund&#8217;s portfolio and not the performance of the Fund&#8217;s </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">Common Shares, the value of which will be determined by market and other factors.</span></div> </ix:continuation> <ix:continuation id="t_1_e0e13b9b_a763_0c1d_119e_2685db62943c_26" continuedAt="t_1_e0e13b9b_a763_0c1d_119e_2685db62943c_27"> <div style="line-height: 12.02pt; margin-top: 10.10pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;">During the time in which the Fund is utilizing Financial Leverage, the amount of the fees paid to the Investment Adviser </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">and the Sub-Adviser for investment advisory services will be higher than if the Fund did not utilize Financial Leverage because </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">the fees paid will be calculated based on the Fund&#8217;s Managed Assets, which may create a conflict of interest between the </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">Investment Adviser and the Sub-Adviser and the Common Shareholders. In order to manage this conflict of interest, the Board </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">will receive regular reports from the Investment Adviser and the Sub-Adviser regarding the Fund&#8217;s use of Financial Leverage </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">and the effect of Financial Leverage on the management of the Fund&#8217;s portfolio and the performance of the Fund. Because the </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">Financial Leverage costs will be borne by the Fund at a specified rate, only the Fund&#8217;s Common Shareholders will bear the cost </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">of the Fund&#8217;s fees and expenses.</span></div> </ix:continuation> </div> <div style="clear: both;"></div> <div style="float: left; margin-left: 39pt; margin-top: 12pt; width: 516pt; min-height: 12pt;"> <div style="line-height: 10.02pt; text-align: center;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; line-height: 10.02pt; margin-left: 0%;">63</span></div> </div> </div> </div> <div style="float: left; margin-bottom: 5.0pt; width: 100%;"></div> <hr style="clear: both; margin: 40.0pt 0.25pt 0.25pt 0.25pt;" /></div> <div> <div><a id="xx_6f541e02-145b-4442-80b8-adf4d990b3c8_19"></a> <div style="page-break-after: always; position: relative;"> <div style="clear: both;"></div> <div style="float: left; margin-left: 39pt; margin-top: 36pt; width: 516pt; min-height: 696pt;"> <ix:continuation id="t_1_e0e13b9b_a763_0c1d_119e_2685db62943c_27" continuedAt="t_1_e0e13b9b_a763_0c1d_119e_2685db62943c_28"> <div style="line-height: 12.02pt; margin-top: 10pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-weight: bold;">Interest Rate Transactions</span></div> </ix:continuation> <ix:continuation id="t_1_e0e13b9b_a763_0c1d_119e_2685db62943c_28" continuedAt="t_1_e0e13b9b_a763_0c1d_119e_2685db62943c_29"> <div style="line-height: 12.02pt; margin-top: 10.00pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;">In connection with the Fund&#8217;s use of Financial Leverage, the Fund may enter into interest rate swap or cap transactions. </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">Interest rate swaps involve the Fund&#8217;s agreement with the swap counterparty to pay a fixed-rate payment in exchange for the </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">counterparty&#8217;s paying the Fund a variable rate payment that is intended to approximate all or a portion of the Fund&#8217;s variable-rate </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">payment obligation on the Fund&#8217;s Financial Leverage. The payment obligation would be based on the notional amount of the </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">swap, which will not exceed the amount of the Fund&#8217;s Financial Leverage.</span></div> </ix:continuation> <ix:continuation id="t_1_e0e13b9b_a763_0c1d_119e_2685db62943c_29" continuedAt="t_1_e0e13b9b_a763_0c1d_119e_2685db62943c_30"> <div style="line-height: 12.02pt; margin-top: 10.00pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;">The Fund may use an interest rate cap, which would require it to pay a premium to the cap counterparty and would entitle </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">it, to the extent that a specified variable-rate index exceeds a predetermined fixed rate, to receive payment from the counterparty </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">of the difference based on the notional amount. The Fund would use interest rate swaps or caps only with the intent to reduce or </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">eliminate the risk that an increase in short-term interest rates could have on Common Share net earnings as a result of leverage.</span></div> </ix:continuation> <ix:continuation id="t_1_e0e13b9b_a763_0c1d_119e_2685db62943c_30" continuedAt="t_1_e0e13b9b_a763_0c1d_119e_2685db62943c_31"> <div style="line-height: 12.02pt; margin-top: 10.00pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;">The Fund will usually enter into swaps or caps on a net basis; that is, the two payment streams will be netted out in a cash </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">settlement on the payment date or dates specified in the instrument, with the Fund&#8217;s receiving or paying, as the case may be, </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">only the net amount of the two payments. Under current regulatory requirements, the Fund intends to segregate cash or liquid </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">securities having a value at least equal to the Fund&#8217;s net payment obligations under any swap transaction, marked-to-market </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">daily. The Fund will treat such amounts as illiquid.</span></div> </ix:continuation> <ix:continuation id="t_1_e0e13b9b_a763_0c1d_119e_2685db62943c_31" continuedAt="t_1_e0e13b9b_a763_0c1d_119e_2685db62943c_32"> <div style="line-height: 12.02pt; margin-top: 10.00pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;">The use of interest rate swaps and caps is a highly specialized activity that involves investment techniques and risks </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">different from those associated with ordinary portfolio security transactions. Depending on the state of interest rates in general, </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">the Fund&#8217;s use of interest rate instruments could enhance or harm the overall performance of the Common Shares. To the extent </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">there is a decline in interest rates, the net amount receivable by the Fund under the interest rate swap or cap could decline and </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">could thus result in a decline in the net asset value of the Common Shares. In addition, if short-term interest rates are lower than </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">the Fund&#8217;s fixed rate of payment on the interest rate swap, the swap will reduce Common Share net earnings if the Fund must </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">make net payments to the counterparty. If, on the other hand, short-term interest rates are higher than the fixed rate of payment </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">on the interest rate swap, the swap will enhance Common Share net earnings if the Fund receives net payments from the </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">counterparty. Buying interest rate caps could enhance the performance of the Common Shares by limiting the Fund&#8217;s maximum </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">leverage expense.</span></div> </ix:continuation> <ix:continuation id="t_1_e0e13b9b_a763_0c1d_119e_2685db62943c_32" continuedAt="t_1_e0e13b9b_a763_0c1d_119e_2685db62943c_33"> <div style="line-height: 12.02pt; margin-top: 10.00pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;">Buying interest rate caps could also decrease the net earnings of the Common Shares if the premium paid by the Fund to </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">the counterparty exceeds the additional cost of the Financial Leverage that the Fund would have been required to pay had it not </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">entered into the cap agreement.</span></div> </ix:continuation> <ix:continuation id="t_1_e0e13b9b_a763_0c1d_119e_2685db62943c_33" continuedAt="t_1_e0e13b9b_a763_0c1d_119e_2685db62943c_34"> <div style="line-height: 12.02pt; margin-top: 10.00pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;">Interest rate swaps and caps do not involve the delivery of securities or other underlying assets or principal. Accordingly, </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">the risk of loss with respect to interest rate swaps is limited to the net amount of interest payments that the Fund is contractually </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">obligated to make. If the counterparty defaults, the Fund would not be able to use the anticipated net receipts under the swap or </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">cap to offset the costs of the Financial Leverage. Depending on whether the Fund would be entitled to receive net payments from </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">the counterparty on the swap or cap, which in turn would depend on the general state of short-term interest rates at that point in </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">time, such a default could negatively impact the performance of the Common Shares.</span></div> </ix:continuation> <ix:continuation id="t_1_e0e13b9b_a763_0c1d_119e_2685db62943c_34" continuedAt="t_1_e0e13b9b_a763_0c1d_119e_2685db62943c_35"> <div style="line-height: 12.02pt; margin-top: 10.00pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;">Although this will not guarantee that the counterparty does not default, the Fund will not enter into an interest rate swap </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">or cap transaction with any counterparty that the Sub-Adviser believes does not have the financial resources to honor its </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">obligation under the interest rate swap or cap transaction. Further, the Sub-Adviser will regularly monitor the financial stability </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">of a counterparty to an interest rate swap or cap transaction in an effort to proactively protect the Fund&#8217;s investments.</span></div> </ix:continuation> <ix:continuation id="t_1_e0e13b9b_a763_0c1d_119e_2685db62943c_35" continuedAt="t_1_e0e13b9b_a763_0c1d_119e_2685db62943c_36"> <div style="line-height: 12.02pt; margin-top: 10.00pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;">In addition, at the time the interest rate swap or cap transaction reaches its scheduled termination date, there is a risk that </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">the Fund will not be able to obtain a replacement transaction or that the terms of the replacement will not be as favorable as on </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">the expiring transaction. If this occurs, it could have a negative impact on the performance of the Common Shares.</span></div> </ix:continuation> <ix:continuation id="t_1_e0e13b9b_a763_0c1d_119e_2685db62943c_36"> <div style="line-height: 12.02pt; margin-top: 10.00pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;">The Fund may choose or be required to redeem some or all Fund Preferred Shares, if any, or prepay any Borrowings. </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">Such a redemption or prepayment would likely result in the Fund&#8217;s seeking to terminate early all or a portion of any swap or cap </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">transaction. Such early termination of a swap could result in a termination payment by or to the Fund. An early termination of a </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">cap could result in a termination payment to the Fund. There may also be penalties associated with early termination.</span></div> </ix:continuation> <ix:nonNumeric name="cef:RiskFactorsTableTextBlock" id="t_63_20e49647_11d4_0b4c_4bef_5eb4ae5cf429" escape="true" continuedAt="t_63_20e49647_11d4_0b4c_4bef_5eb4ae5cf429_1" contextRef="DefaultContext"><div style="line-height: 22.02pt; margin-top: 6.99pt; text-align: center;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-weight: bold; margin-left: 0%; text-transform: uppercase;">RISKS</span></div></ix:nonNumeric> <ix:continuation id="t_63_20e49647_11d4_0b4c_4bef_5eb4ae5cf429_1" continuedAt="t_63_20e49647_11d4_0b4c_4bef_5eb4ae5cf429_2"><div style="line-height: 12.02pt; margin-top: 5.00pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-style: italic; margin-left: 29pt;">Investors should consider the following risk factors and special considerations associated with investing in the Fund. </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-style: italic;">Investors should be aware that in light of the current uncertainty, volatility and distress in economies, financial markets, and </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-style: italic;">labor and health conditions over the world, the risks below are heightened significantly compared to normal conditions and </span></div></ix:continuation> </div> <div style="clear: both;"></div> <div style="float: left; margin-left: 39pt; margin-top: 12pt; width: 516pt; min-height: 12pt;"> <div style="line-height: 10.02pt; text-align: center;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; line-height: 10.02pt; margin-left: 0%;">64</span></div> </div> </div> </div> <div style="float: left; margin-bottom: 5.0pt; width: 100%;"></div> <hr style="clear: both; margin: 40.0pt 0.25pt 0.25pt 0.25pt;" /></div> <div> <div><a id="xx_6f541e02-145b-4442-80b8-adf4d990b3c8_20"></a> <div style="page-break-after: always; position: relative;"> <div style="clear: both;"></div> <div style="float: left; min-height: 696pt; margin-left: 39pt; margin-top: 36pt; width: 516pt;"> <ix:continuation id="t_63_20e49647_11d4_0b4c_4bef_5eb4ae5cf429_2" continuedAt="t_63_20e49647_11d4_0b4c_4bef_5eb4ae5cf429_3"><div style="line-height: 12.02pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-style: italic;">therefore subject the Fund&#8217;s investments and a shareholder&#8217;s investment in the Fund to elevated investment risk, including the </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-style: italic;">possible loss of the entire principal amount invested. The fact that a particular risk below is not specifically identified as being </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-style: italic;">heightened under current conditions does not mean that the risk is not greater than under normal conditions.</span></div></ix:continuation> <ix:nonNumeric name="cef:RiskTextBlock" id="t_61_2d8f75c1_c7c1_8a4c_d6c5_ce29a4674381" escape="true" continuedAt="t_61_2d8f75c1_c7c1_8a4c_d6c5_ce29a4674381_1" contextRef="I20210920_NotACompleteInvestmentProgramMember"> <ix:continuation id="t_63_20e49647_11d4_0b4c_4bef_5eb4ae5cf429_3" continuedAt="t_63_20e49647_11d4_0b4c_4bef_5eb4ae5cf429_4"><div style="line-height: 12.02pt; margin-top: 9.80pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-weight: bold;">Not a Complete Investment Program</span></div></ix:continuation> </ix:nonNumeric> <ix:continuation id="t_61_2d8f75c1_c7c1_8a4c_d6c5_ce29a4674381_1"> <ix:continuation id="t_63_20e49647_11d4_0b4c_4bef_5eb4ae5cf429_4" continuedAt="t_63_20e49647_11d4_0b4c_4bef_5eb4ae5cf429_5"><div style="line-height: 12.02pt; margin-top: 9.80pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;">An investment in the Common Shares of the Fund should not be considered a complete investment program. The Fund is </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">intended for long-term investors seeking current income and capital appreciation. An investment in the Fund is not meant to </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">provide a vehicle for those who wish to play short-term swings in the market. Each Common Shareholder should take into </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">account the Fund&#8217;s investment objective as well as the Common Shareholder&#8217;s other investments when considering an investment </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">in the Fund. Before making an investment decision, a prospective investor should consider (i) the suitability of this investment </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">with respect to his or her investment objectives and personal situation and (ii) factors such as his or her personal net worth, </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">income, age, risk tolerance and liquidity needs.</span></div></ix:continuation> </ix:continuation> <ix:nonNumeric name="cef:RiskTextBlock" id="t_5_59f0696a_6cfd_cd15_466e_bb21056e927b" escape="true" continuedAt="t_5_59f0696a_6cfd_cd15_466e_bb21056e927b_1" contextRef="I20210920_InvestmentAndMarketRiskMember"> <ix:continuation id="t_63_20e49647_11d4_0b4c_4bef_5eb4ae5cf429_5" continuedAt="t_63_20e49647_11d4_0b4c_4bef_5eb4ae5cf429_6"><div style="line-height: 12.02pt; margin-top: 9.90pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-weight: bold;">Investment and Market Risk</span></div></ix:continuation> </ix:nonNumeric> <ix:continuation id="t_5_59f0696a_6cfd_cd15_466e_bb21056e927b_1" continuedAt="t_5_59f0696a_6cfd_cd15_466e_bb21056e927b_2"> <ix:continuation id="t_63_20e49647_11d4_0b4c_4bef_5eb4ae5cf429_6" continuedAt="t_63_20e49647_11d4_0b4c_4bef_5eb4ae5cf429_7"><div style="line-height: 12.02pt; margin-top: 9.90pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;">An investment in the Common Shares of the Fund is subject to investment risk, particularly under current economic, </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">financial, labor and health conditions, including the possible loss of the entire principal amount that you invest. </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">The global </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">ongoing crisis caused by the outbreak of COVID-19 and the current recovery underway is causing disruption to consumer </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">demand and economic output and supply chains. There are still travel restrictions and quarantines, and adverse impacts on local </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">and global economies. Investors should be aware that in light of the current uncertainty, volatility and distress in economies, </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">financial markets, and labor and public health conditions around the world, the Fund&#8217;s investments and a shareholder&#8217;s </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">investment in the Fund are subject to sudden and substantial losses, increased volatility and other adverse events. Firms through </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">which investors invest with the Fund, the Fund, its service providers, the markets in which it invests and market intermediaries </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">are also impacted by and similar measures intended to respond to and contain the ongoing pandemic, which can obstruct their </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">functioning and subject them to heightened operational and other risks. It is unknown how long current circumstances will </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">persist, whether they will reoccur in the future and whether efforts to support the economy and financial markets will be </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">successful.</span></div></ix:continuation> </ix:continuation> <ix:continuation id="t_5_59f0696a_6cfd_cd15_466e_bb21056e927b_2" continuedAt="t_5_59f0696a_6cfd_cd15_466e_bb21056e927b_3"> <ix:continuation id="t_63_20e49647_11d4_0b4c_4bef_5eb4ae5cf429_7" continuedAt="t_63_20e49647_11d4_0b4c_4bef_5eb4ae5cf429_8"><div style="line-height: 12.02pt; margin-top: 9.90pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;">An investment in the Common Shares of the Fund represents an indirect investment in the securities owned by the Fund. </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">The value of, or income generated by, the investments held by the Fund are subject to the possibility of rapid and unpredictable </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">fluctuation. These movements may result from factors affecting individual companies, or from broader influences, including real </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">or perceived changes in prevailing interest rates, changes in inflation or expectations about inflation, investor confidence or </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">economic, political, social or financial market conditions, natural/environmental disasters, , cyber-attacks, terrorism, </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">governmental or quasi-governmental actions, public health emergencies (such as the spread of infectious diseases, pandemics </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">and epidemics) and other similar events, that each of which may be temporary or last for extended periods. For example, the </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">risks of a borrower&#8217;s default or bankruptcy or non-payment of scheduled interest or principal payments from senior floating rate </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">interests held by the Fund are especially acute under these conditions. Furthermore, interest rates and bond yields may fall as a </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">result of types of events, including responses by governmental entities to such events, which would magnify the Fund&#8217;s fixed-income</span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"> instruments&#8217; susceptibility to interest rate risk and diminish their yield and performance. Moreover, the Fund&#8217;s </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">investments in ABS are subject to many of the same risks that are applicable to investments in securities generally, including </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">interest rate risk, credit risk, foreign currency risk, below-investment grade securities risk, financial leverage risk, prepayment </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">and regulatory risk, which would be elevated under the foregoing circumstances.</span></div></ix:continuation> </ix:continuation> <ix:continuation id="t_5_59f0696a_6cfd_cd15_466e_bb21056e927b_3" continuedAt="t_5_59f0696a_6cfd_cd15_466e_bb21056e927b_4"> <ix:continuation id="t_63_20e49647_11d4_0b4c_4bef_5eb4ae5cf429_8" continuedAt="t_63_20e49647_11d4_0b4c_4bef_5eb4ae5cf429_9"><div style="line-height: 12.02pt; margin-top: 9.90pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;">Different sectors, industries and security types may react differently to such developments and, when the market performs </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">well, there is no assurance that the Fund&#8217;s investments will increase in value along with the broader markets. Volatility of </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">financial markets, including potentially extreme volatility caused by the events described above or other events, can expose the </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">Fund to greater market risk than normal, possibly resulting in greatly reduced liquidity. Moreover, changing economic, political, </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">social or financial market conditions in one country or geographic region could adversely affect the value, yield and return of </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">the investments held by the Fund in a different country or geographic region because of the increasingly interconnected global </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">economies and financial markets. The Adviser potentially could be prevented from considering, managing and executing </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">investment decisions at an advantageous time or price or at all as a result of any domestic or global market or other disruptions, </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">particularly disruptions causing heightened market volatility and reduced market liquidity, such as the current conditions, which </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">have also resulted in impediments to the normal functioning of workforces, including personnel and systems of the Fund&#8217;s </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">service providers and market intermediaries. The value of the securities owned by the Fund may decline due to general market </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">conditions that are not specifically related to a particular issuer, such as real or perceived economic conditions, changes in </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">interest or currency rates or changes in investor sentiment or market outlook generally.</span></div></ix:continuation> </ix:continuation> <ix:continuation id="t_5_59f0696a_6cfd_cd15_466e_bb21056e927b_4"> <ix:continuation id="t_63_20e49647_11d4_0b4c_4bef_5eb4ae5cf429_9" continuedAt="t_63_20e49647_11d4_0b4c_4bef_5eb4ae5cf429_10"><div style="line-height: 12.02pt; margin-top: 9.90pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;">At any point in time, your Common Shares may be worth less than your original investment, including the reinvestment </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">of Fund dividends and distributions.</span></div></ix:continuation> </ix:continuation> </div> <div style="clear: both;"></div> <div style="float: left; margin-left: 39pt; margin-top: 12pt; width: 516pt; min-height: 12pt;"> <div style="line-height: 10.02pt; text-align: center;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; line-height: 10.02pt; margin-left: 0%;">65</span></div> </div> </div> </div> <div style="float: left; margin-bottom: 5.0pt; width: 100%;"></div> <hr style="clear: both; margin: 40.0pt 0.25pt 0.25pt 0.25pt;" /></div> <div> <div><a id="xx_6f541e02-145b-4442-80b8-adf4d990b3c8_21"></a> <div style="page-break-after: always; position: relative;"> <div style="clear: both;"></div> <div style="float: left; margin-left: 39pt; margin-top: 36pt; width: 516pt; min-height: 696pt;"> <ix:nonNumeric name="cef:RiskTextBlock" id="t_6_8d7d560d_3202_0f51_b962_6e9178d63315" escape="true" continuedAt="t_6_8d7d560d_3202_0f51_b962_6e9178d63315_1" contextRef="I20210920_ManagementRiskMember"> <ix:continuation id="t_63_20e49647_11d4_0b4c_4bef_5eb4ae5cf429_10" continuedAt="t_63_20e49647_11d4_0b4c_4bef_5eb4ae5cf429_11"><div style="line-height: 12.02pt; margin-top: 10pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-weight: bold;">Management Risk</span></div></ix:continuation> </ix:nonNumeric> <ix:continuation id="t_6_8d7d560d_3202_0f51_b962_6e9178d63315_1"> <ix:continuation id="t_63_20e49647_11d4_0b4c_4bef_5eb4ae5cf429_11" continuedAt="t_63_20e49647_11d4_0b4c_4bef_5eb4ae5cf429_12"><div style="line-height: 12.02pt; margin-top: 10.30pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;">The Fund is subject to management risk because it has an actively managed portfolio. The Sub-Adviser will apply </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">investment techniques and risk analysis in making investment decisions for the Fund, but there can be no guarantee that these </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">will produce the desired results. The Fund&#8217;s allocation of its investments across various asset classes and sectors may vary </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">significantly over time based on the Adviser&#8217;s analysis and judgment. As a result, the particular risks most relevant to an </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">investment in the Fund, as well as the overall risk profile of the Fund&#8217;s portfolio, may vary over time.</span></div></ix:continuation> </ix:continuation> <ix:nonNumeric name="cef:RiskTextBlock" id="t_7_2e02890b_6a01_ad84_e5ec_1f0a8fb580ee" escape="true" continuedAt="t_7_2e02890b_6a01_ad84_e5ec_1f0a8fb580ee_1" contextRef="I20210920_IncomeRiskMember"> <ix:continuation id="t_63_20e49647_11d4_0b4c_4bef_5eb4ae5cf429_12" continuedAt="t_63_20e49647_11d4_0b4c_4bef_5eb4ae5cf429_13"><div style="line-height: 12.02pt; margin-top: 10.30pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-weight: bold;">Income Risk</span></div></ix:continuation> </ix:nonNumeric> <ix:continuation id="t_7_2e02890b_6a01_ad84_e5ec_1f0a8fb580ee_1"> <ix:continuation id="t_63_20e49647_11d4_0b4c_4bef_5eb4ae5cf429_13" continuedAt="t_63_20e49647_11d4_0b4c_4bef_5eb4ae5cf429_14"><div style="line-height: 12.02pt; margin-top: 10.30pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;">The income investors receive from the Fund is based primarily on the interest it earns from its investments in Income </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">Securities, which can vary widely over the short- and long-term. If prevailing market interest rates drop, investors&#8217; income from </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">the Fund could drop as well. The Fund&#8217;s income could also be affected adversely when prevailing short-term interest rates </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">increase and the Fund is utilizing leverage, although this risk is mitigated to the extent the Fund invests in floating-rate </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">obligations.</span></div></ix:continuation> </ix:continuation> <ix:nonNumeric name="cef:RiskTextBlock" id="t_8_3b8c4120_6cbb_aa2b_10a0_9ad896212657" escape="true" continuedAt="t_8_3b8c4120_6cbb_aa2b_10a0_9ad896212657_1" contextRef="I20210920_DividendRiskMember"> <ix:continuation id="t_63_20e49647_11d4_0b4c_4bef_5eb4ae5cf429_14" continuedAt="t_63_20e49647_11d4_0b4c_4bef_5eb4ae5cf429_15"><div style="line-height: 12.02pt; margin-top: 10.30pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-weight: bold;">Dividend Risk</span></div></ix:continuation> </ix:nonNumeric> <ix:continuation id="t_8_3b8c4120_6cbb_aa2b_10a0_9ad896212657_1"> <ix:continuation id="t_63_20e49647_11d4_0b4c_4bef_5eb4ae5cf429_15" continuedAt="t_63_20e49647_11d4_0b4c_4bef_5eb4ae5cf429_16"><div style="line-height: 12.02pt; margin-top: 10.30pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;">Dividends on common stock and other Common Equity Securities which the Fund may hold are not fixed but are </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">declared at the discretion of an issuer&#8217;s board of directors. There is no guarantee that the issuers of the Common Equity </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">Securities in which the Fund invests will declare dividends in the future or that, if declared, they will remain at current levels or </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">increase over time. </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">Therefore, there is the possibility that such companies could reduce or eliminate the payment of dividends in </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">the future or the anticipated acceleration of dividends could not occur as a result of, among other things, a sharp rise in interest </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">rates or an economic downturn. Changes in the dividend policies of companies and capital resources available for these </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">companies&#8217; dividend payments may adversely affect the Fund. Depending upon market conditions, dividend-paying stocks that </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">meet the Fund&#8217;s investment criteria may not be widely available and/or may be highly concentrated in only a few market sectors. </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">These circumstances may result from issuer-specific events, adverse economic or market developments, or legislative or </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">regulatory changes or other developments that limit an issuer&#8217;s ability to declare and pay dividends, which would affect the </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">Fund&#8217;s performance and ability to generate income. The dividend income from the Fund&#8217;s investment in Common Equity </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">Securities will be influenced by both general economic activity and issuer-specific factors. In the event of adverse changes in </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">economic conditions or adverse events effecting a specific industry or issuer, the issuers of the Common Equity Securities held </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">by the Fund may reduce the dividends paid on such securities.</span></div></ix:continuation> </ix:continuation> <ix:nonNumeric name="cef:RiskTextBlock" id="t_9_905c9e01_2eaf_02d3_1fa4_a0511ea9240f" escape="true" continuedAt="t_9_905c9e01_2eaf_02d3_1fa4_a0511ea9240f_1" contextRef="I20210920_IncomeSecuritiesRiskMember"> <ix:continuation id="t_63_20e49647_11d4_0b4c_4bef_5eb4ae5cf429_16" continuedAt="t_63_20e49647_11d4_0b4c_4bef_5eb4ae5cf429_17"><div style="line-height: 12.02pt; margin-top: 10.30pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-weight: bold;">Income Securities Risk</span></div></ix:continuation> </ix:nonNumeric> <ix:continuation id="t_9_905c9e01_2eaf_02d3_1fa4_a0511ea9240f_1" continuedAt="t_9_905c9e01_2eaf_02d3_1fa4_a0511ea9240f_2"> <ix:continuation id="t_63_20e49647_11d4_0b4c_4bef_5eb4ae5cf429_17" continuedAt="t_63_20e49647_11d4_0b4c_4bef_5eb4ae5cf429_18"><div style="line-height: 12.02pt; margin-top: 10.30pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;">In addition to the risks discussed above, Income Securities, including high-yield bonds, are subject to certain risks, </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">including:</span></div></ix:continuation> </ix:continuation> <ix:continuation id="t_9_905c9e01_2eaf_02d3_1fa4_a0511ea9240f_2" continuedAt="t_9_905c9e01_2eaf_02d3_1fa4_a0511ea9240f_3"> <ix:continuation id="t_63_20e49647_11d4_0b4c_4bef_5eb4ae5cf429_18" continuedAt="t_63_20e49647_11d4_0b4c_4bef_5eb4ae5cf429_19"><div style="line-height: 12.02pt; margin-top: 10.30pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-style: italic; margin-left: 29pt;">Issuer Risk</span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">. The value of Income Securities may decline for a number of reasons which directly relate to the issuer, such </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">as management performance, financial leverage, reduced demand for the issuer&#8217;s goods and services, historical and projected </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">earnings, and the value of its assets.</span></div></ix:continuation> </ix:continuation> <ix:continuation id="t_63_20e49647_11d4_0b4c_4bef_5eb4ae5cf429_19" continuedAt="t_63_20e49647_11d4_0b4c_4bef_5eb4ae5cf429_20"><ix:continuation id="t_9_905c9e01_2eaf_02d3_1fa4_a0511ea9240f_3" continuedAt="t_9_905c9e01_2eaf_02d3_1fa4_a0511ea9240f_4"> <div style="line-height: 12.02pt; margin-top: 10.30pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-style: italic; margin-left: 29pt;">Spread Risk</span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">. Spread risk is the risk that the market price can change due to broad based movements in spreads, which is </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">particularly relevant in the current low spread environment.</span></div> </ix:continuation></ix:continuation> <ix:continuation id="t_9_905c9e01_2eaf_02d3_1fa4_a0511ea9240f_4" continuedAt="t_9_905c9e01_2eaf_02d3_1fa4_a0511ea9240f_5"> <ix:continuation id="t_63_20e49647_11d4_0b4c_4bef_5eb4ae5cf429_20" continuedAt="t_63_20e49647_11d4_0b4c_4bef_5eb4ae5cf429_21"><div style="line-height: 12.02pt; margin-top: 10.30pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-style: italic;">Credit Risk</span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">. The Fund could lose money if the issuer or guarantor of a debt instrument or a counterparty to a derivatives </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">transaction or other transaction (such as a repurchase agreement or a loan of portfolio securities or other instruments) is unable </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">or unwilling, or perceived to be unable or unwilling, to pay interest or repay principal on time or defaults. If an issuer fails to pay </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">interest, the Fund&#8217;s income would likely be reduced, and if an issuer fails to repay principal, the value of the instrument likely </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">would fall and the Fund could lose money. This risk is especially acute with respect to below investment grade debt instruments </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">(commonly referred to as &#8220;high-yield&#8221; or &#8220;junk&#8221; bonds) and unrated high risk debt instruments, whose issuers are particularly </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">susceptible to fail to meet principal or interest obligations under current conditions. Also, the issuer, guarantor or counterparty </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">may suffer adverse changes in its financial condition or be adversely affected by economic, political or social conditions that </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">could lower the credit quality (or the market&#8217;s perception of the credit quality) of the issuer or instrument, leading to greater </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">volatility in the price of the instrument and in shares of the Fund. Although credit quality may not accurately reflect the true </span></div></ix:continuation> </ix:continuation> </div> <div style="clear: both;"></div> <div style="float: left; margin-left: 39pt; margin-top: 12pt; width: 516pt; min-height: 12pt;"> <div style="line-height: 10.02pt; text-align: center;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; line-height: 10.02pt; margin-left: 0%;">66</span></div> </div> </div> </div> <div style="float: left; margin-bottom: 5.0pt; width: 100%;"></div> <hr style="clear: both; margin: 40.0pt 0.25pt 0.25pt 0.25pt;" /></div> <div> <div><a id="xx_6f541e02-145b-4442-80b8-adf4d990b3c8_22"></a> <div style="page-break-after: always; position: relative;"> <div style="clear: both;"></div> <div style="float: left; min-height: 696pt; margin-left: 39pt; margin-top: 36pt; width: 516pt;"> <ix:continuation id="t_9_905c9e01_2eaf_02d3_1fa4_a0511ea9240f_5" continuedAt="t_9_905c9e01_2eaf_02d3_1fa4_a0511ea9240f_6"> <ix:continuation id="t_63_20e49647_11d4_0b4c_4bef_5eb4ae5cf429_21" continuedAt="t_63_20e49647_11d4_0b4c_4bef_5eb4ae5cf429_22"><div style="line-height: 12.02pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">credit risk of an instrument, a change in the credit quality rating of an instrument or an issuer can have a rapid, adverse effect on </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">the instrument&#8217;s liquidity and make it more difficult for the Fund to sell at an advantageous price or time. The risk of the </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">occurrence of these types of events is heightened under current conditions.</span></div></ix:continuation> </ix:continuation> <ix:continuation id="t_9_905c9e01_2eaf_02d3_1fa4_a0511ea9240f_6" continuedAt="t_9_905c9e01_2eaf_02d3_1fa4_a0511ea9240f_7"> <ix:continuation id="t_63_20e49647_11d4_0b4c_4bef_5eb4ae5cf429_22" continuedAt="t_63_20e49647_11d4_0b4c_4bef_5eb4ae5cf429_23"><div style="line-height: 12.02pt; margin-top: 9.61pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;">The degree of credit risk depends on the particular instrument and the financial condition of the issuer, guarantor or </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">counterparty, which are often reflected in its credit quality. Credit quality is a measure of the issuer&#8217;s expected ability to make all </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">required interest and principal payments in a timely manner. An issuer with the highest credit rating has a very strong capacity </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">with respect to making all payments. An issuer with the second-highest credit rating has a strong capacity to make all payments, </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">but the degree of safety is somewhat less. An issuer with the lowest credit quality rating may be in default or have extremely </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">poor prospects of making timely payment of interest and principal. Credit ratings assigned by rating agencies are based on a </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">number of factors and subjective judgments and therefore do not necessarily represent an issuer&#8217;s actual financial condition or </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">the volatility or liquidity of the security. Although higher-rated securities generally present lower credit risk as compared to </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">lower-rated or unrated securities, an issuer with a high credit rating may in fact be exposed to heightened levels of credit or </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">liquidity risk.</span></div></ix:continuation> </ix:continuation> <ix:continuation id="t_9_905c9e01_2eaf_02d3_1fa4_a0511ea9240f_7" continuedAt="t_9_905c9e01_2eaf_02d3_1fa4_a0511ea9240f_8"> <ix:continuation id="t_63_20e49647_11d4_0b4c_4bef_5eb4ae5cf429_23" continuedAt="t_63_20e49647_11d4_0b4c_4bef_5eb4ae5cf429_24"><div style="line-height: 12.02pt; margin-top: 9.60pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;">In addition, during recent conditions, many issuers have been unprofitable, have had little cash on hand and/or unable to </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">pay the interest owed on their debt obligations and the number of such issuers may increase if demand for their goods and </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">services falls, borrowing costs rise due to governmental action or inaction or for other reasons. Also, the issuer, guarantor or </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">counterparty may suffer adverse changes in its financial condition or reduced demand for its goods and services or be adversely </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">affected by economic, political, public health or social conditions that could lower the credit quality (or the market&#8217;s perception </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">of the credit quality) of the issuer or instrument, leading to greater volatility in the price of the instrument and in shares of the </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">Fund.</span></div></ix:continuation> </ix:continuation> <ix:continuation id="t_9_905c9e01_2eaf_02d3_1fa4_a0511ea9240f_8" continuedAt="t_9_905c9e01_2eaf_02d3_1fa4_a0511ea9240f_9"> <ix:continuation id="t_63_20e49647_11d4_0b4c_4bef_5eb4ae5cf429_24" continuedAt="t_63_20e49647_11d4_0b4c_4bef_5eb4ae5cf429_25"><div style="line-height: 12.02pt; margin-top: 9.60pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;">If an issuer, guarantor or counterparty declares bankruptcy or is declared bankrupt, the Fund would likely be adversely </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">affected in its ability to receive principal or interest owed or otherwise to enforce the financial obligations of the other party. The </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">Fund may be subject to increased costs associated with the bankruptcy process and experience losses as a result of the </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">deterioration of the financial condition of the issuer, guarantor or counterparty. The risks to the Fund related to such </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">bankruptcies are elevated given the currently distressed economic, market, labor and public health conditions and would likely </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">be elevated under similar circumstances in the future.</span></div></ix:continuation> </ix:continuation> <ix:continuation id="t_9_905c9e01_2eaf_02d3_1fa4_a0511ea9240f_9" continuedAt="t_9_905c9e01_2eaf_02d3_1fa4_a0511ea9240f_10"> <ix:continuation id="t_63_20e49647_11d4_0b4c_4bef_5eb4ae5cf429_25" continuedAt="t_63_20e49647_11d4_0b4c_4bef_5eb4ae5cf429_26"><div style="line-height: 12.02pt; margin-top: 9.70pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-style: italic; margin-left: 29pt;">Interest Rate Risk</span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">. Fixed-income and other debt instruments are subject to the possibility that interest rates could change </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">(or are expected to change). Changes in interest rates, including changes in reference rates used in fixed-income and other debt </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">instruments (such as LIBOR), may adversely affect the Fund&#8217;s investments in these instruments, such as the value or liquidity of, </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">and income generated by, the investments. In addition, changes in interest rates, including rates that fall below zero, can have </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">unpredictable effects on markets and can adversely affect the Fund&#8217;s yield, income and performance.</span></div></ix:continuation> </ix:continuation> <ix:continuation id="t_9_905c9e01_2eaf_02d3_1fa4_a0511ea9240f_10" continuedAt="t_9_905c9e01_2eaf_02d3_1fa4_a0511ea9240f_11"> <ix:continuation id="t_63_20e49647_11d4_0b4c_4bef_5eb4ae5cf429_26" continuedAt="t_63_20e49647_11d4_0b4c_4bef_5eb4ae5cf429_27"><div style="line-height: 12.02pt; margin-top: 9.70pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;">The value of a debt instrument with a longer duration will generally be more sensitive to interest rate changes than a </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">similar instrument with a shorter duration. Similarly, the longer the average duration (whether positive or negative) of these </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">instruments held by the Fund or to which the Fund is exposed (i.e., the longer the average portfolio duration of the Fund), the </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">more the Fund&#8217;s NAV will likely fluctuate in response to interest rate changes. Duration is a measure used to determine the </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">sensitivity of a security&#8217;s price to changes in interest rates that incorporates a security&#8217;s yield, coupon, final maturity and call </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">features, among other characteristics. For example, the NAV per share of a bond fund with an average duration of eight years </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">would be expected to fall approximately 8% if interest rates rose by one percentage point.</span></div></ix:continuation> </ix:continuation> <ix:continuation id="t_9_905c9e01_2eaf_02d3_1fa4_a0511ea9240f_11" continuedAt="t_9_905c9e01_2eaf_02d3_1fa4_a0511ea9240f_12"> <ix:continuation id="t_63_20e49647_11d4_0b4c_4bef_5eb4ae5cf429_27" continuedAt="t_63_20e49647_11d4_0b4c_4bef_5eb4ae5cf429_28"><div style="line-height: 12.02pt; margin-top: 9.70pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;">However, measures such as duration may not accurately reflect the true interest rate sensitivity of instruments held by the </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">Fund and, in turn, the Fund&#8217;s susceptibility to changes in interest rates. Certain fixed-income and debt instruments are subject to </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">the risk that the issuer may exercise its right to redeem (or call) the instrument earlier than anticipated. Although an issuer may </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">call an instrument for a variety of reasons, if an issuer does so during a time of declining interest rates, the Fund might have to </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">reinvest the proceeds in an investment offering a lower yield or other less favorable features, and therefore might not benefit </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">from any increase in value as a result of declining interest rates. Interest only or principal only securities and inverse floaters are </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">particularly sensitive to changes in interest rates, which may impact the income generated by the security and other features of </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">the security.</span></div></ix:continuation> </ix:continuation> <ix:continuation id="t_9_905c9e01_2eaf_02d3_1fa4_a0511ea9240f_12" continuedAt="t_9_905c9e01_2eaf_02d3_1fa4_a0511ea9240f_13"> <ix:continuation id="t_63_20e49647_11d4_0b4c_4bef_5eb4ae5cf429_28" continuedAt="t_63_20e49647_11d4_0b4c_4bef_5eb4ae5cf429_29"><div style="line-height: 12.02pt; margin-top: 9.71pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;">Adjustable rate securities also react to interest rate changes in a similar manner as fixed-rate securities but generally to a </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">lesser degree depending on the characteristics of the security, in particular its reset terms (i.e., the index chosen, frequency of </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">reset and reset caps or floors). During periods of rising interest rates, because changes in interest rates on adjustable rate </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">securities may lag behind changes in market rates, the value of such securities may decline until their interest rates reset to </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">market rates. These securities also may be subject to limits on the maximum increase in interest rates. During periods of </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">declining interest rates, because the interest rates on adjustable rate securities generally reset downward, their market value is </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">unlikely to rise to the same extent as the value of comparable fixed rate securities. These securities may not be subject to limits </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">on downward adjustments of interest rates.</span></div></ix:continuation> </ix:continuation> </div> <div style="clear: both;"></div> <div style="float: left; margin-left: 39pt; margin-top: 12pt; width: 516pt; min-height: 12pt;"> <div style="line-height: 10.02pt; text-align: center;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; line-height: 10.02pt; margin-left: 0%;">67</span></div> </div> </div> </div> <div style="float: left; margin-bottom: 5.0pt; width: 100%;"></div> <hr style="clear: both; margin: 40.0pt 0.25pt 0.25pt 0.25pt;" /></div> <div> <div><a id="xx_6f541e02-145b-4442-80b8-adf4d990b3c8_23"></a> <div style="page-break-after: always; position: relative;"> <div style="clear: both;"></div> <div style="float: left; min-height: 696pt; margin-left: 39pt; margin-top: 36pt; width: 516pt;"> <ix:continuation id="t_9_905c9e01_2eaf_02d3_1fa4_a0511ea9240f_13" continuedAt="t_9_905c9e01_2eaf_02d3_1fa4_a0511ea9240f_14"> <ix:continuation id="t_63_20e49647_11d4_0b4c_4bef_5eb4ae5cf429_29" continuedAt="t_63_20e49647_11d4_0b4c_4bef_5eb4ae5cf429_30"><div style="line-height: 12.02pt; margin-top: 10pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;">During periods of rising interest rates, issuers of debt securities or asset-backed securities may pay principal later or more </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">slowly than expected, which may reduce the value of the Fund&#8217;s investment in such securities and may prevent the Fund from </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">receiving higher interest rates on proceeds reinvested in other instruments. During periods of falling interest rates, issuers of </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">debt securities or asset-backed securities may pay off debts more quickly or earlier than expected, which could cause the Fund to </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">be unable to recoup the full amount of its initial investment and/or cause the Fund to reinvest in lower-yielding securities, </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">thereby reducing the Fund&#8217;s yield or otherwise adversely impacting the Fund.</span></div></ix:continuation> </ix:continuation> <ix:continuation id="t_9_905c9e01_2eaf_02d3_1fa4_a0511ea9240f_14" continuedAt="t_9_905c9e01_2eaf_02d3_1fa4_a0511ea9240f_15"> <ix:continuation id="t_63_20e49647_11d4_0b4c_4bef_5eb4ae5cf429_30" continuedAt="t_63_20e49647_11d4_0b4c_4bef_5eb4ae5cf429_31"><div style="line-height: 12.02pt; margin-top: 9.80pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;">Certain debt instruments, such as instruments with a negative duration or inverse instruments, are also subject to interest </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">rate risk, although such instruments generally react differently to changes in interest rates than instruments with positive </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">durations. The Fund&#8217;s investments in these instruments also may be adversely affected by changes in interest rates. For example, </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">the value of instruments with negative durations, such as inverse floaters, generally decrease if interest rates decline.</span></div></ix:continuation> </ix:continuation> <ix:continuation id="t_9_905c9e01_2eaf_02d3_1fa4_a0511ea9240f_15" continuedAt="t_9_905c9e01_2eaf_02d3_1fa4_a0511ea9240f_16"> <ix:continuation id="t_63_20e49647_11d4_0b4c_4bef_5eb4ae5cf429_31" continuedAt="t_63_20e49647_11d4_0b4c_4bef_5eb4ae5cf429_32"><div style="line-height: 12.02pt; margin-top: 9.90pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;">The Fund&#8217;s use of leverage will tend to increase Common Share interest rate risk. The Fund may utilize certain strategies, </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">including taking positions in futures or interest rate swaps, for the purpose of reducing the interest rate sensitivity of credit </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">securities held by the Fund and decreasing the Fund&#8217;s exposure to interest rate risk. The Fund is not required to hedge its </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">exposure to interest rate risk and may choose not to do so. In addition, there is no assurance that any attempts by the Fund to </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">reduce interest rate risk will be successful or that any hedges that the Fund may establish will perfectly correlate with </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">movements in interest rates.</span></div></ix:continuation> </ix:continuation> <ix:continuation id="t_9_905c9e01_2eaf_02d3_1fa4_a0511ea9240f_16" continuedAt="t_9_905c9e01_2eaf_02d3_1fa4_a0511ea9240f_17"> <ix:continuation id="t_63_20e49647_11d4_0b4c_4bef_5eb4ae5cf429_32" continuedAt="t_63_20e49647_11d4_0b4c_4bef_5eb4ae5cf429_33"><div style="line-height: 12.02pt; margin-top: 9.90pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-style: italic; margin-left: 29pt;">Current Fixed-Income and Debt Market Conditions</span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">. Fixed-income and debt market conditions are highly unpredictable </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">and some parts of the market are subject to dislocations. In response to the crisis initially caused by the outbreak of COVID-19, </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">as with other serious economic disruptions, governmental authorities and regulators have enacted or are enacting significant </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">fiscal and monetary policy changes, including direct capital infusions into companies, new monetary programs and considerable </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">interest rate changes. These actions present heightened risks to fixed-income and debt instruments, and such risks could be even </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">further heightened if these actions are unexpectedly or suddenly reversed or are ineffective in achieving their desired outcomes. </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">In light of these actions and current conditions, interest rates and bond yields in the United States and many other countries are </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">at or near historic lows, and in some cases, such rates and yields are or have been negative. The current very low or negative </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">interest rates are magnifying the Fund&#8217;s susceptibility to interest rate risk and diminishing yield and performance. In addition, </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">the current environment is exposing fixed-income and debt markets to significant volatility and reduced liquidity for the Fund&#8217;s </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">investments. These or similar conditions may also occur in the future.</span></div></ix:continuation> </ix:continuation> <ix:continuation id="t_9_905c9e01_2eaf_02d3_1fa4_a0511ea9240f_17" continuedAt="t_9_905c9e01_2eaf_02d3_1fa4_a0511ea9240f_18"> <ix:continuation id="t_63_20e49647_11d4_0b4c_4bef_5eb4ae5cf429_33" continuedAt="t_63_20e49647_11d4_0b4c_4bef_5eb4ae5cf429_34"><div style="line-height: 12.02pt; margin-top: 9.90pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-style: italic; margin-left: 29pt;">Corporate Bond Risk</span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">. The market value of a corporate bond may be affected by factors directly related to the issuer, such </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">as investors&#8217; perceptions of the creditworthiness of the issuer, the issuer&#8217;s financial performance, perceptions of the issuer in the </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">market place, performance of management of the issuer, the issuer&#8217;s capital structure and use of financial leverage and demand </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">for the issuer&#8217;s goods and services. There is a risk that the issuers of corporate bonds may not be able to meet their obligations </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">on interest or principal payments at the time called for by an instrument or at all. Corporate bonds of below investment grade </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">quality are often high risk and have speculative characteristics and may be particularly susceptible to adverse issuer-specific and </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">other developments.</span></div></ix:continuation> </ix:continuation> <ix:continuation id="t_9_905c9e01_2eaf_02d3_1fa4_a0511ea9240f_18" continuedAt="t_9_905c9e01_2eaf_02d3_1fa4_a0511ea9240f_19"> <ix:continuation id="t_63_20e49647_11d4_0b4c_4bef_5eb4ae5cf429_34" continuedAt="t_63_20e49647_11d4_0b4c_4bef_5eb4ae5cf429_35"><div style="line-height: 12.02pt; margin-top: 9.90pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-style: italic; margin-left: 29pt;">Reinvestment Risk</span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">. Reinvestment risk is the risk that income from the Fund&#8217;s portfolio will decline if the Fund invests the </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">proceeds from matured, traded or called Income Securities at market interest rates that are below the Fund portfolio&#8217;s current </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">earnings rate. A decline in income could affect the Common Shares&#8217; market price or the overall return of the Fund.</span></div></ix:continuation> </ix:continuation> <ix:continuation id="t_9_905c9e01_2eaf_02d3_1fa4_a0511ea9240f_19" continuedAt="t_9_905c9e01_2eaf_02d3_1fa4_a0511ea9240f_20"> <ix:continuation id="t_63_20e49647_11d4_0b4c_4bef_5eb4ae5cf429_35" continuedAt="t_63_20e49647_11d4_0b4c_4bef_5eb4ae5cf429_36"><div style="line-height: 12.02pt; margin-top: 9.90pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-style: italic; margin-left: 29pt;">Extension Risk</span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">. Certain debt instruments, including mortgage- and other asset-backed securities, are subject to the risk </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">that payments on principal may occur at a slower rate or later than expected. In this event, the expected maturity could lengthen </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">as short or intermediate-term instruments become longer-term instruments, which would make the investment more sensitive to </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">changes in interest rates. The likelihood that payments on principal will occur at a slower rate or later than expected is </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">heightened under the current conditions. In addition, the Fund&#8217;s investment may sharply decrease in value and the Fund&#8217;s income </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">from the investment may quickly decline. These types of instruments are particularly subject to extension risk, and offer less </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">potential for gains, during periods of rising interest rates. In addition, the Fund may be delayed in its ability to reinvest income </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">or proceeds from these instruments in potentially higher yielding investments, which would adversely affect the Fund to the </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">extent its investments are in lower interest rate debt instruments. Thus, changes in interest rates may cause volatility in the value </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">of and income received from these types of debt instruments.</span></div></ix:continuation> </ix:continuation> <ix:continuation id="t_9_905c9e01_2eaf_02d3_1fa4_a0511ea9240f_20" continuedAt="t_9_905c9e01_2eaf_02d3_1fa4_a0511ea9240f_21"> <ix:continuation id="t_63_20e49647_11d4_0b4c_4bef_5eb4ae5cf429_36" continuedAt="t_63_20e49647_11d4_0b4c_4bef_5eb4ae5cf429_37"><div style="line-height: 12.02pt; margin-top: 9.90pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-style: italic; margin-left: 29pt;">Prepayment Risk</span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">. Certain debt instruments, including loans and mortgage- and other asset-backed securities, are subject </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">to the risk that payments on principal may occur more quickly or earlier than expected (or an investment is converted or </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">redeemed prior to maturity).&#160;For example, an issuer may exercise its right to redeem outstanding debt securities prior to their </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">maturity (known as a &#8220;call&#8221;) or otherwise pay principal earlier than expected for a number of reasons (e.g., declining interest </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">rates, changes in credit spreads and improvements in the issuer&#8217;s credit quality).If an issuer calls or &#8220;prepays&#8221; a security in which </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">the Fund has invested, the Fund may not recoup the full amount of its initial investment and may be required to reinvest in </span></div></ix:continuation> </ix:continuation> </div> <div style="clear: both;"></div> <div style="float: left; margin-left: 39pt; margin-top: 12pt; width: 516pt; min-height: 12pt;"> <div style="line-height: 10.02pt; text-align: center;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; line-height: 10.02pt; margin-left: 0%;">68</span></div> </div> </div> </div> <div style="float: left; margin-bottom: 5.0pt; width: 100%;"></div> <hr style="clear: both; margin: 40.0pt 0.25pt 0.25pt 0.25pt;" /></div> <div> <div><a id="xx_6f541e02-145b-4442-80b8-adf4d990b3c8_24"></a> <div style="page-break-after: always; position: relative;"> <div style="clear: both;"></div> <div style="float: left; min-height: 696pt; margin-left: 39pt; margin-top: 36pt; width: 516pt;"> <ix:continuation id="t_9_905c9e01_2eaf_02d3_1fa4_a0511ea9240f_21" continuedAt="t_9_905c9e01_2eaf_02d3_1fa4_a0511ea9240f_22"> <ix:continuation id="t_63_20e49647_11d4_0b4c_4bef_5eb4ae5cf429_37" continuedAt="t_63_20e49647_11d4_0b4c_4bef_5eb4ae5cf429_38"><div style="line-height: 12.02pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">generally lower-yielding securities, securities with greater credit risks or securities with other, less favorable features or terms </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">than the security in which the Fund initially invested, thus potentially reducing the Fund&#8217;s yield.&#160;Income Securities frequently </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">have call features that allow the issuer to repurchase the security prior to its stated maturity. Loans and mortgage- and other </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">asset-backed securities are particularly subject to prepayment risk, and offer less potential for gains, during periods of declining </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">interest rates (or narrower spreads) as issuers of higher interest rate debt instruments pay off debts earlier than expected. In </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">addition, the Fund may lose any premiums paid to acquire the investment. Other factors, such as excess cash flows, may also </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">contribute to prepayment risk.&#160;Thus, changes in interest rates may cause volatility in the value of and income received from these </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">types of debt instruments.</span></div></ix:continuation> </ix:continuation> <ix:continuation id="t_9_905c9e01_2eaf_02d3_1fa4_a0511ea9240f_22" continuedAt="t_9_905c9e01_2eaf_02d3_1fa4_a0511ea9240f_23"> <ix:continuation id="t_63_20e49647_11d4_0b4c_4bef_5eb4ae5cf429_38" continuedAt="t_63_20e49647_11d4_0b4c_4bef_5eb4ae5cf429_39"><div style="line-height: 12.02pt; margin-top: 9.80pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;">Variable or floating rate investments may be less vulnerable to prepayment risk. Most floating rate loans and fixed-income</span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"> securities allow for prepayment of principal without penalty. Accordingly, the potential for the value of a floating rate </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">loan or security to increase in response to interest rate declines is limited. Corporate loans or fixed-income securities purchased </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">to replace a prepaid corporate loan or security may have lower yields than the yield on the prepaid corporate loan or security.</span></div></ix:continuation> </ix:continuation> <ix:continuation id="t_9_905c9e01_2eaf_02d3_1fa4_a0511ea9240f_23" continuedAt="t_9_905c9e01_2eaf_02d3_1fa4_a0511ea9240f_24"> <ix:continuation id="t_63_20e49647_11d4_0b4c_4bef_5eb4ae5cf429_39" continuedAt="t_63_20e49647_11d4_0b4c_4bef_5eb4ae5cf429_40"><div style="line-height: 12.02pt; margin-top: 9.90pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-style: italic; margin-left: 29pt;">Liquidity Risk</span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">. The Fund may invest without limitation in Income Securities for which there is no readily available </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">trading market or which are unregistered, restricted or otherwise illiquid, including certain high-yield securities. The Fund may </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">invest in privately issued securities of both public and private companies, which may be illiquid. Securities of below investment </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">grade quality tend to be less liquid than investment grade debt securities, and securities of financial distressed or bankrupt </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">issuers may be particularly illiquid. Loans typically are not registered with the SEC and are not listed on any securities exchange </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">and may at times be illiquid. Loan investments through participations and assignments are typically illiquid. Structured finance </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">securities are typically privately offered and sold, and thus are not registered under the securities laws. As a result, investments in </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">structured finance securities may be characterized by the Fund as illiquid securities; however, an active dealer market may exist </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">which would allow such securities to be considered liquid in some circumstances. The securities and obligations of foreign </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">issuers, particular issuers in emerging markets, may be more likely to experience periods of illiquidity. Derivative instruments, </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">particularly privately-negotiated or OTC derivatives, may be illiquid, although can be no assurance that a liquid market will exist </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">when the Fund seeks to close out an exchange-traded derivative position.</span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; line-height: 12.02pt;"> </span></div></ix:continuation> </ix:continuation> <ix:continuation id="t_9_905c9e01_2eaf_02d3_1fa4_a0511ea9240f_24" continuedAt="t_9_905c9e01_2eaf_02d3_1fa4_a0511ea9240f_25"> <ix:continuation id="t_63_20e49647_11d4_0b4c_4bef_5eb4ae5cf429_40" continuedAt="t_63_20e49647_11d4_0b4c_4bef_5eb4ae5cf429_41"><div style="line-height: 12.02pt; margin-top: 9.90pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;">The Fund may not be able to readily dispose of illiquid securities and obligations at prices that approximate those at </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">which the Fund could sell such securities and obligations if they were more widely traded and, as a result of such illiquidity, the </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">Fund may have to sell other investments or engage in borrowing transactions if necessary to raise cash to meet its obligations. As </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">a result, the Fund may be unable to achieve its desired level of exposure to certain issuers, asset classes or sectors. The capacity </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">of market makers of fixed-income and other debt instruments has not kept pace with the consistent growth in these markets over </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">the past three decades, which has led to reduced levels in the capacity of these market makers to engage in trading and, as a </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">result, dealer inventories of corporate fixed-income, floating rate and certain other debt instruments are at or near historic lows </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">relative to market size. In addition, limited liquidity could affect the market price of Income Securities, thereby adversely </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">affecting the Fund&#8217;s NAV and ability to make distributions. Dislocations in certain parts of markets are resulting in reduced </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">liquidity for certain investments. It is uncertain when financial markets will improve. Liquidity of financial markets may also be </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">affected by government intervention.</span></div></ix:continuation> </ix:continuation> <ix:continuation id="t_9_905c9e01_2eaf_02d3_1fa4_a0511ea9240f_25" continuedAt="t_9_905c9e01_2eaf_02d3_1fa4_a0511ea9240f_26"> <ix:continuation id="t_63_20e49647_11d4_0b4c_4bef_5eb4ae5cf429_41" continuedAt="t_63_20e49647_11d4_0b4c_4bef_5eb4ae5cf429_42"><div style="line-height: 12.02pt; margin-top: 9.90pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-style: italic; margin-left: 29pt;">Valuation of Certain Income Securities Risk</span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">. The Sub-Adviser may use the fair value method to value investments if </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">market quotations for them are not readily available or are deemed unreliable, or if events occurring after the close of a securities </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">market and before the Fund values its assets would materially affect net asset value. Because the secondary markets for certain </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">investments may be limited, they may be difficult to value. Where market quotations are not readily available, valuation may </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">require more research than for more liquid investments. In addition, elements of judgment may play a greater role in valuation in </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">such cases than for investments with a more active secondary market because there is less reliable objective data available. A </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">security that is fair valued may be valued at a price higher or lower than the value determined by other funds using their own fair </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">valuation procedures. Prices obtained by the Fund upon the sale of such securities may not equal the value at which the Fund </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">carried the investment on its books, which would adversely affect the net asset value of the Fund.</span></div></ix:continuation> </ix:continuation> <ix:continuation id="t_9_905c9e01_2eaf_02d3_1fa4_a0511ea9240f_26"> <ix:continuation id="t_63_20e49647_11d4_0b4c_4bef_5eb4ae5cf429_42" continuedAt="t_63_20e49647_11d4_0b4c_4bef_5eb4ae5cf429_43"><div style="line-height: 12.02pt; margin-top: 9.90pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-style: italic; margin-left: 29pt;">Duration and Maturity Risk</span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">. The Fund has no set policy regarding portfolio maturity or duration. Holding long duration </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">and long maturity investments will expose the Fund to certain magnified risks. These risks include interest rate risk, credit risk </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">and liquidity risks as discussed above. Generally speaking, the longer the duration of the Fund&#8217;s portfolio, the more exposure the </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">Fund will have to interest rate risk described above.</span></div></ix:continuation> </ix:continuation> <ix:nonNumeric name="cef:RiskTextBlock" id="t_10_2ccc1412_21a6_18c9_7a30_feb5b09adaa1" escape="true" continuedAt="t_10_2ccc1412_21a6_18c9_7a30_feb5b09adaa1_1" contextRef="I20210920_BelowInvestmentGradeSecuritiesRiskMember"> <ix:continuation id="t_63_20e49647_11d4_0b4c_4bef_5eb4ae5cf429_43" continuedAt="t_63_20e49647_11d4_0b4c_4bef_5eb4ae5cf429_44"><div style="line-height: 12.02pt; margin-top: 9.90pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-weight: bold;">Below-Investment Grade Securities Risk</span></div></ix:continuation> </ix:nonNumeric> <ix:continuation id="t_10_2ccc1412_21a6_18c9_7a30_feb5b09adaa1_1" continuedAt="t_10_2ccc1412_21a6_18c9_7a30_feb5b09adaa1_2"> <ix:continuation id="t_63_20e49647_11d4_0b4c_4bef_5eb4ae5cf429_44" continuedAt="t_63_20e49647_11d4_0b4c_4bef_5eb4ae5cf429_45"><div style="line-height: 12.02pt; margin-top: 9.90pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;">The Fund may invest in Income Securities rated below-investment grade or, if unrated, determined by the Sub-Adviser to </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">be of comparable credit quality, which are commonly referred to as &#8220;high-yield&#8221; or &#8220;junk&#8221; bonds. Investment in securities of </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">below-investment grade quality involves substantial risk of loss, the risk of which is particularly acute under current conditions. </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">Income Securities of below-investment grade quality are predominantly speculative with respect to the issuer&#8217;s capacity to pay </span></div></ix:continuation> </ix:continuation> </div> <div style="clear: both;"></div> <div style="float: left; margin-left: 39pt; margin-top: 12pt; width: 516pt; min-height: 12pt;"> <div style="line-height: 10.02pt; text-align: center;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; line-height: 10.02pt; margin-left: 0%;">69</span></div> </div> </div> </div> <div style="float: left; margin-bottom: 5.0pt; width: 100%;"></div> <hr style="clear: both; margin: 40.0pt 0.25pt 0.25pt 0.25pt;" /></div> <div> <div><a id="xx_6f541e02-145b-4442-80b8-adf4d990b3c8_25"></a> <div style="page-break-after: always; position: relative;"> <div style="clear: both;"></div> <div style="float: left; margin-left: 39pt; margin-top: 36pt; width: 516pt; min-height: 696pt;"> <ix:continuation id="t_10_2ccc1412_21a6_18c9_7a30_feb5b09adaa1_2" continuedAt="t_10_2ccc1412_21a6_18c9_7a30_feb5b09adaa1_3"> <ix:continuation id="t_63_20e49647_11d4_0b4c_4bef_5eb4ae5cf429_45" continuedAt="t_63_20e49647_11d4_0b4c_4bef_5eb4ae5cf429_46"><div style="line-height: 12.02pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">interest and repay principal when due and therefore involve a greater risk of default or decline in market value due to adverse </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">economic and issuer-specific developments. Securities of below investment grade quality may involve a greater risk of default or </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">decline in market value due to adverse economic and issuer-specific developments, such as operating results and outlook and to </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">real or perceived adverse economic and competitive industry conditions. Generally, the risks associated with high yield </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">securities are heightened during times of weakening economic conditions or rising interest rates (particularly for issuers that are </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">highly leveraged) and are therefore heightened under current conditions. If the Fund is unable to sell an investment at its desired </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">time, the Fund may miss other investment opportunities while it holds investments it would prefer to sell, which could adversely </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">affect the Fund&#8217;s performance. In addition, the liquidity of any Fund investment may change significantly over time as a result of </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">market, economic, trading, issuer-specific and other factors. Accordingly, the performance of the Fund and a shareholder&#8217;s </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">investment in the Fund may be adversely affected if an issuer is unable to pay interest and repay principal, either on time or at </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">all. Issuers of below investment grade securities are not perceived to be as strong financially as those with higher credit ratings. </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">These issuers are more vulnerable to financial setbacks and recessions or other adverse economic developments than more </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">creditworthy issuers, which may impair their ability to make interest and principal payments. Income Securities of below-investment</span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"> grade quality display increased price sensitivity to changing interest rates and to a deteriorating economic </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">environment. The market values, total return and yield for securities of below investment grade quality tend to be more volatile </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">than the market values, total return and yield for higher quality bonds. Securities of below investment grade quality tend to be </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">less liquid than investment grade debt securities and therefore more difficult to value accurately and sell at an advantageous </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">price or time and may involve greater transactions costs and wider bid/ask spreads, than higher-quality securities. To the extent </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">that a secondary market does exist for certain below investment grade securities, the market for them may be subject to irregular </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">trading activity, wide bid/ask spreads and extended trade settlement periods. Because of the substantial risks associated with </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">investments in below investment grade securities, you could have an increased risk of losing money on your investment in </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">Common Shares, both in the short-term and the long-term. To the extent that the Fund invests in securities that have not been </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">rated by an NRSRO, the Fund&#8217;s ability to achieve its investment objectives will be more dependent on the Adviser&#8217;s credit </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">analysis than would be the case when the Fund invests in rated securities.</span></div></ix:continuation> </ix:continuation> <ix:continuation id="t_10_2ccc1412_21a6_18c9_7a30_feb5b09adaa1_3"> <ix:continuation id="t_63_20e49647_11d4_0b4c_4bef_5eb4ae5cf429_46" continuedAt="t_63_20e49647_11d4_0b4c_4bef_5eb4ae5cf429_47"><div style="line-height: 12.02pt; margin-top: 10.30pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;">Successful investment in lower-medium and lower-rated debt securities may involve greater investment risk and is highly </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">dependent on the Adviser&#8217;s credit analysis. The value of securities of below investment grade quality is particularly vulnerable to </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">changes in interest rates and a real or perceived economic downturn or higher interest rates could cause a decline in prices of </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">such securities by lessening the ability of issuers to make principal and interest payments. These securities are often thinly traded </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">or subject to irregular trading and can be more difficult to sell and value accurately than higher-quality securities because there </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">tends to be less public information available about these securities. Because objective pricing data may be less available, </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">judgment may play a greater role in the valuation process. In addition, the entire below investment grade market can experience </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">sudden and sharp price swings due to a variety of factors, including changes in economic forecasts, stock market activity, large </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">or sustained sales by major investors, a high-profile default, or a change in the market&#8217;s psychology. Adverse conditions could </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">make it difficult at times for the Fund to sell certain securities or could result in lower prices than those used in calculating the </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">Fund&#8217;s NAV.</span></div></ix:continuation> </ix:continuation> <ix:nonNumeric name="cef:RiskTextBlock" id="t_11_34869e4b_e203_142d_4711_a6ac9c173b91" escape="true" continuedAt="t_11_34869e4b_e203_142d_4711_a6ac9c173b91_1" contextRef="I20210920_StructuredFinanceInvestmentsRiskMember"> <ix:continuation id="t_63_20e49647_11d4_0b4c_4bef_5eb4ae5cf429_47" continuedAt="t_63_20e49647_11d4_0b4c_4bef_5eb4ae5cf429_48"><div style="line-height: 12.02pt; margin-top: 10.30pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-weight: bold;">Structured Finance Investments Risk</span></div></ix:continuation> </ix:nonNumeric> <ix:continuation id="t_11_34869e4b_e203_142d_4711_a6ac9c173b91_1" continuedAt="t_11_34869e4b_e203_142d_4711_a6ac9c173b91_2"> <ix:continuation id="t_63_20e49647_11d4_0b4c_4bef_5eb4ae5cf429_48" continuedAt="t_63_20e49647_11d4_0b4c_4bef_5eb4ae5cf429_49"><div style="line-height: 12.02pt; margin-top: 10.29pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;">The Fund&#8217;s structured finance investments may include residential and commercial mortgage-related and other ABS </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">issued by governmental entities and private issuers. Holders of structured finance investments bear risks of the underlying </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">investments, index or reference obligation and are subject to counterparty risk. </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">The Fund may have the right to receive payments </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">only from the structured product, and generally does not have direct rights against the issuer or the entity that sold the assets to </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">be securitized. While certain structured finance investments enable the investor to acquire interests in a pool of securities </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">without the brokerage and other expenses associated with directly holding the same securities, investors in structured finance </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">investments generally pay their share of the structured product&#8217;s administrative and other expenses. Although it is difficult to </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">accurately predict whether the prices of indices and securities underlying structured finance investments will rise or fall, these </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">prices (and, therefore, the prices of structured finance investments) will be influenced by the same types of political, economic </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">and other events that affect issuers of securities and capital markets generally. If the issuer of a structured product uses shorter </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">term financing to purchase longer term securities, the issuer may be forced to sell its securities at below market prices if it </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">experiences difficulty in obtaining short-term financing, which may adversely affect the value of the structured finance </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">investment owned by the Fund.</span></div></ix:continuation> </ix:continuation> <ix:continuation id="t_11_34869e4b_e203_142d_4711_a6ac9c173b91_2" continuedAt="t_11_34869e4b_e203_142d_4711_a6ac9c173b91_3"> <ix:continuation id="t_63_20e49647_11d4_0b4c_4bef_5eb4ae5cf429_49" continuedAt="t_63_20e49647_11d4_0b4c_4bef_5eb4ae5cf429_50"><div style="line-height: 12.02pt; margin-top: 10.30pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;">The Fund may invest in structured finance products collateralized by low grade or defaulted loans or securities. </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">Investments in such structured finance products are subject to the risks associated with below investment grade securities. Such </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">securities are characterized by high risk. It is likely that an economic recession could severely disrupt the market for such </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">securities and may have an adverse impact on the value of such securities.</span></div></ix:continuation> </ix:continuation> </div> <div style="clear: both;"></div> <div style="float: left; margin-left: 39pt; margin-top: 12pt; width: 516pt; min-height: 12pt;"> <div style="line-height: 10.02pt; text-align: center;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; line-height: 10.02pt; margin-left: 0%;">70</span></div> </div> </div> </div> <div style="float: left; margin-bottom: 5.0pt; width: 100%;"></div> <hr style="clear: both; margin: 40.0pt 0.25pt 0.25pt 0.25pt;" /></div> <div> <div><a id="xx_6f541e02-145b-4442-80b8-adf4d990b3c8_26"></a> <div style="page-break-after: always; position: relative;"> <div style="clear: both;"></div> <div style="float: left; min-height: 696pt; margin-left: 39pt; margin-top: 36pt; width: 516pt;"> <ix:continuation id="t_11_34869e4b_e203_142d_4711_a6ac9c173b91_3" continuedAt="t_11_34869e4b_e203_142d_4711_a6ac9c173b91_4"> <ix:continuation id="t_63_20e49647_11d4_0b4c_4bef_5eb4ae5cf429_50" continuedAt="t_63_20e49647_11d4_0b4c_4bef_5eb4ae5cf429_51"><div style="line-height: 12.02pt; margin-top: 10pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;">The Fund may invest in senior and subordinated classes issued by structured finance vehicles. The payment of cash flows </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">from the underlying assets to senior classes take precedence over those of subordinated classes, and therefore subordinated </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">classes are subject to greater risk. Furthermore, the leveraged nature of subordinated classes may magnify the adverse impact on </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">such class of changes in the value of the assets, changes in the distributions on the assets, defaults and recoveries on the assets, </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">capital gains and losses on the assets, prepayment on assets and availability, price and interest rates of assets.</span></div></ix:continuation> </ix:continuation> <ix:continuation id="t_11_34869e4b_e203_142d_4711_a6ac9c173b91_4"> <ix:continuation id="t_63_20e49647_11d4_0b4c_4bef_5eb4ae5cf429_51" continuedAt="t_63_20e49647_11d4_0b4c_4bef_5eb4ae5cf429_52"><div style="line-height: 12.02pt; margin-top: 9.90pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;">Structured finance securities may be thinly traded or have a limited trading market. Structured finance securities are </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">typically privately offered and sold, and thus are not registered under the securities laws. As a result, investments in structured </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">finance securities may be characterized by the Fund as illiquid securities; however, an active dealer market may exist which </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">would allow such securities to be considered liquid in some circumstances.</span></div></ix:continuation> </ix:continuation> <ix:nonNumeric name="cef:RiskTextBlock" id="t_12_7721b32b_c8a9_f765_0fc2_318d30656e7b" escape="true" continuedAt="t_12_7721b32b_c8a9_f765_0fc2_318d30656e7b_1" contextRef="I20210920_MortgageBackedSecuritiesRiskMember"> <ix:continuation id="t_63_20e49647_11d4_0b4c_4bef_5eb4ae5cf429_52" continuedAt="t_63_20e49647_11d4_0b4c_4bef_5eb4ae5cf429_53"><div style="line-height: 12.02pt; margin-top: 9.90pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-weight: bold;">Mortgage-Backed Securities Risk</span></div></ix:continuation> </ix:nonNumeric> <ix:continuation id="t_12_7721b32b_c8a9_f765_0fc2_318d30656e7b_1" continuedAt="t_12_7721b32b_c8a9_f765_0fc2_318d30656e7b_2"> <ix:continuation id="t_63_20e49647_11d4_0b4c_4bef_5eb4ae5cf429_53" continuedAt="t_63_20e49647_11d4_0b4c_4bef_5eb4ae5cf429_54"><div style="line-height: 12.02pt; margin-top: 9.90pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;">Mortgage-backed securities (&#8220;MBS&#8221;) represent an interest in a pool of mortgages. MBS are subject to certain risks, such </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">as: credit risk associated with the performance of the underlying mortgage properties and of the borrowers owning these </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">properties; risks associated with their structure and execution (including the collateral, the process by which principal and </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">interest payments are allocated and distributed to investors and how credit losses affect the return to investors in such MBS); </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">risks associated with the servicer of the underlying mortgages; adverse changes in economic conditions and circumstances, </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">which are more likely to have an adverse impact on MBS secured by loans on certain types of commercial properties than on </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">those secured by loans on residential properties; prepayment risk, which can lead to significant fluctuations in the value of the </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">MBS; loss of all or part of the premium, if any, paid; and decline in the market value of the security, whether resulting from </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">changes in interest rates, prepayments on the underlying mortgage collateral or perceptions of the credit risk associated with the </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">underlying mortgage collateral. </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">The value of MBS may be substantially dependent on the servicing of the underlying pool of </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">mortgages. In addition, the Fund&#8217;s level of investment in MBS of a particular type or in MBS issued or guaranteed by affiliated </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">obligors, serviced by the same servicer or backed by underlying collateral located in a specific geographic region, may subject </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">the Fund to additional risk.</span></div></ix:continuation> </ix:continuation> <ix:continuation id="t_12_7721b32b_c8a9_f765_0fc2_318d30656e7b_2" continuedAt="t_12_7721b32b_c8a9_f765_0fc2_318d30656e7b_3"> <ix:continuation id="t_63_20e49647_11d4_0b4c_4bef_5eb4ae5cf429_54" continuedAt="t_63_20e49647_11d4_0b4c_4bef_5eb4ae5cf429_55"><div style="line-height: 12.02pt; margin-top: 9.90pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;">When market interest rates decline, more mortgages are refinanced and the securities are paid off earlier than expected. </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">Prepayments may also occur on a scheduled basis or due to foreclosure. When market interest rates increase, the market values </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">of MBS decline. At the same time, however, mortgage refinancings and prepayments slow, which lengthens the effective </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">maturities of these securities. As a result, the negative effect of the rate increase on the market value of MBS is usually more </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">pronounced than it is for other types of debt securities. In addition, due to increased instability in the credit markets, the market </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">for some MBS has experienced reduced liquidity and greater volatility with respect to the value of such securities, making it </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">more difficult to value such securities. The Fund may invest in sub-prime mortgages or MBS that are backed by sub-prime </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">mortgages or defaulted or nonperforming loans.</span></div></ix:continuation> </ix:continuation> <ix:continuation id="t_12_7721b32b_c8a9_f765_0fc2_318d30656e7b_3" continuedAt="t_12_7721b32b_c8a9_f765_0fc2_318d30656e7b_4"> <ix:continuation id="t_63_20e49647_11d4_0b4c_4bef_5eb4ae5cf429_55" continuedAt="t_63_20e49647_11d4_0b4c_4bef_5eb4ae5cf429_56"><div style="line-height: 12.02pt; margin-top: 9.90pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;">Additional risks relating to investments in mortgage-backed securities may arise because of the type of mortgage-backed </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">securities in which the Fund invests, defined by the assets collateralizing the mortgage-backed securities. For example, CMOs </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">may have complex or highly variable prepayment terms, such as companion classes, interest only or principal only payments, </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">inverse floaters and residuals. These investments generally entail greater market, prepayment and liquidity risks than other </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">mortgage-backed securities, and may be more volatile or less liquid than other mortgage-backed securities. These risks are </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">heightened under the currently distressed economic, market, labor and public health conditions.</span></div></ix:continuation> </ix:continuation> <ix:continuation id="t_12_7721b32b_c8a9_f765_0fc2_318d30656e7b_4" continuedAt="t_12_7721b32b_c8a9_f765_0fc2_318d30656e7b_5"> <ix:continuation id="t_63_20e49647_11d4_0b4c_4bef_5eb4ae5cf429_56" continuedAt="t_63_20e49647_11d4_0b4c_4bef_5eb4ae5cf429_57"><div style="line-height: 12.02pt; margin-top: 9.90pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;">Moreover, the relationship between prepayments and interest rates may give some high-yielding MBS less potential for </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">growth in value than conventional bonds with comparable maturities. In addition, during periods of falling interest rates, the rate </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">of prepayment tends to increase. During such periods, the reinvestment of prepayment proceeds by the Fund will generally be at </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">lower rates than the rates that were carried by the obligations that have been prepaid. Because of these and other reasons, MBS&#8217;s </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">total return and maturity may be difficult to predict precisely. To the extent that the Fund purchases MBS at a premium, </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">prepayments (which may be made without penalty) may result in loss of the Fund&#8217;s principal investment to the extent of </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">premium paid.</span></div></ix:continuation> </ix:continuation> <ix:continuation id="t_12_7721b32b_c8a9_f765_0fc2_318d30656e7b_5" continuedAt="t_12_7721b32b_c8a9_f765_0fc2_318d30656e7b_6"> <ix:continuation id="t_63_20e49647_11d4_0b4c_4bef_5eb4ae5cf429_57" continuedAt="t_63_20e49647_11d4_0b4c_4bef_5eb4ae5cf429_58"><div style="line-height: 12.02pt; margin-top: 10.00pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;">MBS generally are classified as either CMBS or residential mortgage-backed securities RMBS, each of which are </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">subject to certain specific risks.</span></div></ix:continuation> </ix:continuation> <ix:continuation id="t_12_7721b32b_c8a9_f765_0fc2_318d30656e7b_6" continuedAt="t_12_7721b32b_c8a9_f765_0fc2_318d30656e7b_7"> <ix:continuation id="t_63_20e49647_11d4_0b4c_4bef_5eb4ae5cf429_58" continuedAt="t_63_20e49647_11d4_0b4c_4bef_5eb4ae5cf429_59"><div style="line-height: 12.02pt; margin-top: 10.00pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-style: italic; margin-left: 29pt;">Commercial Mortgage-Backed Securities Risk</span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">. The market for CMBS developed more recently and, in terms of total </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">outstanding principal amount of issues, is relatively small compared to the market for MBS. CMBS are subject to particular </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">risks, such as those associated with lack of standardized terms, shorter maturities than residential mortgage loans and payment </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">of all or substantially all of the principal only at maturity rather than regular amortization of principal. In addition, commercial </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">lending generally is viewed as exposing the lender to a greater risk of loss than residential lending. Commercial lending </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">typically involves larger loans to single borrowers or groups of related borrowers than residential mortgage loans. In addition, </span></div></ix:continuation> </ix:continuation> </div> <div style="clear: both;"></div> <div style="float: left; margin-left: 39pt; margin-top: 12pt; width: 516pt; min-height: 12pt;"> <div style="line-height: 10.02pt; text-align: center;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; line-height: 10.02pt; margin-left: 0%;">71</span></div> </div> </div> </div> <div style="float: left; margin-bottom: 5.0pt; width: 100%;"></div> <hr style="clear: both; margin: 40.0pt 0.25pt 0.25pt 0.25pt;" /></div> <div> <div><a id="xx_6f541e02-145b-4442-80b8-adf4d990b3c8_27"></a> <div style="page-break-after: always; position: relative;"> <div style="clear: both;"></div> <div style="float: left; margin-left: 39pt; margin-top: 36pt; width: 516pt; min-height: 696pt;"> <ix:continuation id="t_12_7721b32b_c8a9_f765_0fc2_318d30656e7b_7" continuedAt="t_12_7721b32b_c8a9_f765_0fc2_318d30656e7b_8"> <ix:continuation id="t_63_20e49647_11d4_0b4c_4bef_5eb4ae5cf429_59" continuedAt="t_63_20e49647_11d4_0b4c_4bef_5eb4ae5cf429_60"><div style="line-height: 12.02pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">the repayment of loans secured by income producing properties typically is dependent upon the successful operation of the </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">related real estate project and the cash flow generated therefrom. Net operating income of an income- producing property can be </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">affected by, among other things: tenant mix, success of tenant businesses, property management decisions, property location and </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">condition, competition from comparable types of properties, changes in laws that increase operating expense or limit rents that </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">may be charged, any need to address environmental contamination at the property, the occurrence of any uninsured casualty at </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">the property, changes in national, regional or local economic conditions and/or specific industry segments, declines in regional </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">or local real estate values, declines in regional or local rental or occupancy rates, increases in interest rates, real estate tax rates </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">and other operating expenses, change in governmental rules, regulations and fiscal policies, including environmental legislation, </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">acts of God, terrorism, social unrest and civil disturbances.</span></div></ix:continuation> </ix:continuation> <ix:continuation id="t_12_7721b32b_c8a9_f765_0fc2_318d30656e7b_8" continuedAt="t_12_7721b32b_c8a9_f765_0fc2_318d30656e7b_9"> <ix:continuation id="t_63_20e49647_11d4_0b4c_4bef_5eb4ae5cf429_60" continuedAt="t_63_20e49647_11d4_0b4c_4bef_5eb4ae5cf429_61"><div style="line-height: 12.02pt; margin-top: 10.29pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;">Consequently, adverse changes in economic conditions and circumstances are more likely to have an adverse impact on </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">MBS secured by loans on commercial properties than on those secured by loans on residential properties. Economic downturns, </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">rises in unemployment and other events, such as public health emergencies, that limit the activities of and demand for </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">commercial retail and office spaces (such as the current COVID-19 crisis) adversely impact the value of such securities. </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">Additional risks may be presented by the type and use of a particular commercial property. Special risks are presented by </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">hospitals, nursing homes, hospitality properties and certain other property types. Commercial property values and net operating </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">income are subject to volatility, which may result in net operating income becoming insufficient to cover debt service on the </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">related mortgage loan. The exercise of remedies and successful realization of liquidation proceeds relating to CMBS may be </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">highly dependent on the performance of the servicer or special servicer. There may be a limited number of special servicers </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">available, particularly those that do not have conflicts of interest.</span></div></ix:continuation> </ix:continuation> <ix:continuation id="t_12_7721b32b_c8a9_f765_0fc2_318d30656e7b_9" continuedAt="t_12_7721b32b_c8a9_f765_0fc2_318d30656e7b_10"> <ix:continuation id="t_63_20e49647_11d4_0b4c_4bef_5eb4ae5cf429_61" continuedAt="t_63_20e49647_11d4_0b4c_4bef_5eb4ae5cf429_62"><div style="line-height: 12.02pt; margin-top: 10.30pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-style: italic; margin-left: 29pt;">Residential Mortgage-Backed Securities Risk</span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">. Credit-related risk on RMBS arises from losses due to delinquencies and </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">defaults by the borrowers in payments on the underlying mortgage loans and breaches by originators and servicers of their </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">obligations under the underlying documentation pursuant to which the RMBS are issued. The rate of delinquencies and defaults </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">on residential mortgage loans and the aggregate amount of the resulting losses will be affected by a number of factors, including </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">general economic conditions, particularly those in the area where the related mortgaged property is located, the level of the </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">borrower&#8217;s equity in the mortgaged property and the individual financial circumstances of the borrower. If a residential mortgage </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">loan is in default, foreclosure on the related residential property may be a lengthy and difficult process involving significant </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">legal and other expenses. The net proceeds obtained by the holder on a residential mortgage loan following the foreclosure on </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">the related property may be less than the total amount that remains due on the loan. The prospect of incurring a loss upon the </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">foreclosure of the related property may lead the holder of the residential mortgage loan to restructure the residential mortgage </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">loan or otherwise delay the foreclosure process. These risks are elevated given the current distressed economic, market, public </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">health and labor conditions, notably, increased levels of unemployment relative to recent years, delays and delinquencies in </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">payments of mortgage and rent obligations, and uncertainty regarding the effects and extent of government intervention with </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">respect to mortgage payments and other economic matters.</span></div></ix:continuation> </ix:continuation> <ix:continuation id="t_12_7721b32b_c8a9_f765_0fc2_318d30656e7b_10" continuedAt="t_12_7721b32b_c8a9_f765_0fc2_318d30656e7b_11"> <ix:continuation id="t_63_20e49647_11d4_0b4c_4bef_5eb4ae5cf429_62" continuedAt="t_63_20e49647_11d4_0b4c_4bef_5eb4ae5cf429_63"><div style="line-height: 12.02pt; margin-top: 10.30pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-style: italic; margin-left: 29pt;">Sub-Prime Mortgage Market Risk</span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">. The residential mortgage market in the United States has experienced difficulties that </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">may adversely affect the performance and market value of certain mortgages and MBS. Delinquencies and losses on residential </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">mortgage loans (especially sub-prime and second-lien mortgage loans) generally have increased at times and may again </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">increase, and a decline in or flattening of housing values (as has been experienced at times and may again be experienced in </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">many housing markets) may exacerbate such delinquencies and losses. Borrowers with adjustable rate mortgage loans are more </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">sensitive to changes in interest rates, which affect their monthly mortgage payments, and may be unable to secure replacement </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">mortgages at comparably low interest rates. Also, a number of residential mortgage loan originators have experienced serious </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">financial difficulties or bankruptcy. Largely due to the foregoing, reduced investor demand for mortgage loans and MBS and </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">increased investor yield requirements caused limited liquidity in the secondary market for certain MBS, which can adversely </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">affect the market value of MBS. It is possible that such limited liquidity in such secondary markets could continue or worsen. If </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">the economy of the United States deteriorates further, the incidence of mortgage foreclosures, especially sub-prime mortgages, </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">may increase, which may adversely affect the value of any MBS owned by the Fund.</span></div></ix:continuation> </ix:continuation> <ix:continuation id="t_12_7721b32b_c8a9_f765_0fc2_318d30656e7b_11" continuedAt="t_12_7721b32b_c8a9_f765_0fc2_318d30656e7b_12"> <ix:continuation id="t_63_20e49647_11d4_0b4c_4bef_5eb4ae5cf429_63" continuedAt="t_63_20e49647_11d4_0b4c_4bef_5eb4ae5cf429_64"><div style="line-height: 12.02pt; margin-top: 10.30pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;">Any increase in prevailing market interest rates, which are currently near historical lows, may result in increased </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">payments for borrowers who have adjustable rate mortgages. Moreover, with respect to hybrid mortgage loans after their initial </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">fixed rate period, interest-only products or products having a lower rate, and with respect to mortgage loans with a negative </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">amortization feature which reach their negative amortization cap, borrowers may experience a substantial increase in their </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">monthly payment even without an increase in prevailing market interest rates. Increases in payments for borrowers may result in </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">increased rates of delinquencies and defaults on residential mortgage loans underlying the RMBS.</span></div></ix:continuation> </ix:continuation> </div> <div style="clear: both;"></div> <div style="float: left; margin-left: 39pt; margin-top: 12pt; width: 516pt; min-height: 12pt;"> <div style="line-height: 10.02pt; text-align: center;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; line-height: 10.02pt; margin-left: 0%;">72</span></div> </div> </div> </div> <div style="float: left; margin-bottom: 5.0pt; width: 100%;"></div> <hr style="clear: both; margin: 40.0pt 0.25pt 0.25pt 0.25pt;" /></div> <div> <div><a id="xx_6f541e02-145b-4442-80b8-adf4d990b3c8_28"></a> <div style="page-break-after: always; position: relative;"> <div style="clear: both;"></div> <div style="float: left; min-height: 696pt; margin-left: 39pt; margin-top: 36pt; width: 516pt;"> <ix:continuation id="t_12_7721b32b_c8a9_f765_0fc2_318d30656e7b_12" continuedAt="t_12_7721b32b_c8a9_f765_0fc2_318d30656e7b_13"> <ix:continuation id="t_63_20e49647_11d4_0b4c_4bef_5eb4ae5cf429_64" continuedAt="t_63_20e49647_11d4_0b4c_4bef_5eb4ae5cf429_65"><div style="line-height: 12.02pt; margin-top: 10pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;">The significance of the mortgage crisis and loan defaults in residential mortgage loan sectors led to the enactment of </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">numerous pieces of legislation relating to the mortgage and housing markets. These actions, along with future legislation or </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">regulation, may have significant impacts on the mortgage market generally and may result in a reduction of available </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">transactional opportunities for the Fund or an increase in the cost associated with such transactions and may adversely impact </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">the value of RMBS.</span></div></ix:continuation> </ix:continuation> <ix:continuation id="t_12_7721b32b_c8a9_f765_0fc2_318d30656e7b_13"> <ix:continuation id="t_63_20e49647_11d4_0b4c_4bef_5eb4ae5cf429_65" continuedAt="t_63_20e49647_11d4_0b4c_4bef_5eb4ae5cf429_66"><div style="line-height: 12.02pt; margin-top: 9.81pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;">During the mortgage crisis, a number of originators and servicers of residential and commercial mortgage loans, </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">including some of the largest originators and servicers in the residential and commercial mortgage loan market, experienced </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">serious financial difficulties. Such difficulties may affect the performance of non-agency RMBS and CMBS. There can be no </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">assurance that originators and servicers of mortgage loans will not continue to experience serious financial difficulties or </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">experience such difficulties in the future, including becoming subject to bankruptcy or insolvency proceedings, or that </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">underwriting procedures and policies and protections against fraud will be sufficient in the future to prevent such financial </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">difficulties or significant levels of default or delinquency on mortgage loans.</span></div></ix:continuation> </ix:continuation> <ix:nonNumeric name="cef:RiskTextBlock" id="t_13_aaa36eff_a46e_5817_275b_5b208c584309" escape="true" continuedAt="t_13_aaa36eff_a46e_5817_275b_5b208c584309_1" contextRef="I20210920_AssetBackedSecuritiesRiskMember"> <ix:continuation id="t_63_20e49647_11d4_0b4c_4bef_5eb4ae5cf429_66" continuedAt="t_63_20e49647_11d4_0b4c_4bef_5eb4ae5cf429_67"><div style="line-height: 12.02pt; margin-top: 9.90pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-weight: bold;">Asset-Backed Securities Risk</span></div></ix:continuation> </ix:nonNumeric> <ix:continuation id="t_13_aaa36eff_a46e_5817_275b_5b208c584309_1" continuedAt="t_13_aaa36eff_a46e_5817_275b_5b208c584309_2"> <ix:continuation id="t_63_20e49647_11d4_0b4c_4bef_5eb4ae5cf429_67" continuedAt="t_63_20e49647_11d4_0b4c_4bef_5eb4ae5cf429_68"><div style="line-height: 12.02pt; margin-top: 9.90pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;">ABS are a form of structured debt obligation. In addition to the general risks associated with credit securities discussed </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">herein, ABS are subject to additional risks. </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">While traditional fixed-income securities typically pay a fixed rate of interest until </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">maturity, when the entire principal amount is due, an ABS represents an interest in a pool of assets, such as automobile loans, </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">credit card receivables, unsecured consumer loans or student loans, that has been securitized and provides for monthly payments </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">of interest, at a fixed or floating rate, and principal from the cash flow of these assets. This pool of assets (and any related assets </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">of the issuing entity) is the only source of payment for the ABS. The ability of an ABS issuer to make payments on the ABS, and </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">the timing of such payments, is therefore dependent on collections on these underlying assets. The recoveries on the underlying </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">collateral may not, in some cases, be sufficient to support payments on these securities, which may result in losses to investors in </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">an ABS.</span></div></ix:continuation> </ix:continuation> <ix:continuation id="t_13_aaa36eff_a46e_5817_275b_5b208c584309_2"> <ix:continuation id="t_63_20e49647_11d4_0b4c_4bef_5eb4ae5cf429_68" continuedAt="t_63_20e49647_11d4_0b4c_4bef_5eb4ae5cf429_69"><div style="line-height: 12.02pt; margin-top: 9.90pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;">Generally, obligors may prepay the underlying assets in full or in part at any time, subjecting the Fund to prepayment risk </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">related to the ABS it holds. While the expected repayment streams on ABS are determined by the contractual amortization </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">schedules for the underlying assets, an investor&#8217;s yield to maturity on an ABS is uncertain and may be reduced by the rate and </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">speed of prepayments of the underlying assets, which may be influenced by a variety of economic, social and other factors. Any </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">prepayments, repurchases, purchases or liquidations of the underlying assets could shorten the average life of the ABS to an </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">extent that cannot be fully predicted. Some ABS may be structured to include a period of rapid amortization triggered by events </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">such as a significant rise in the default rate of the underlying collateral, a sharp drop in the credit enhancement level because of </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">credit losses on the underlying assets, a specified regulatory event or the bankruptcy of the originator. A rapid amortization </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">event will cause any revolving period to end earlier than expected and all collections on the underlying assets will be used to pay </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">principal to investors earlier than expected. In general, the senior most securities will be paid prior to any payments being made </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">on the subordinated securities, and if such payments are made earlier than expected, the Fund&#8217;s yield on such ABS may be </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">negatively affected.</span></div></ix:continuation> </ix:continuation> <ix:nonNumeric name="cef:RiskTextBlock" id="t_14_1e44f6a2_6836_f9fd_3e94_9069b0815ea0" escape="true" continuedAt="t_14_1e44f6a2_6836_f9fd_3e94_9069b0815ea0_1" contextRef="I20210920_CLOCDOAndCBORiskMember"> <ix:continuation id="t_63_20e49647_11d4_0b4c_4bef_5eb4ae5cf429_69" continuedAt="t_63_20e49647_11d4_0b4c_4bef_5eb4ae5cf429_70"><div style="line-height: 12.02pt; margin-top: 9.90pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-weight: bold;">CLO, CDO and CBO Risk</span></div></ix:continuation> </ix:nonNumeric> <ix:continuation id="t_14_1e44f6a2_6836_f9fd_3e94_9069b0815ea0_1" continuedAt="t_14_1e44f6a2_6836_f9fd_3e94_9069b0815ea0_2"> <ix:continuation id="t_63_20e49647_11d4_0b4c_4bef_5eb4ae5cf429_70" continuedAt="t_63_20e49647_11d4_0b4c_4bef_5eb4ae5cf429_71"><div style="line-height: 12.02pt; margin-top: 9.90pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;">In addition to the general risks associated with credit securities discussed herein, CLOs, CDOs and CBOs are subject to </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">additional risks. CLOs, CDOs and CBOs are subject to risks because of the involvement of multiple transaction parties related </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">to the underlying collateral and disruptions that may occur as a result of the restructuring or insolvency of the underlying </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">obligors, which are generally corporate obligors. </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">Unlike a consumer obligor that is generally obligated to make payments on the </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">collateral backing an ABS, the obligor on the collateral backing a CLO, a CDO or a CBO may have more effective defenses or </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">resources to cause a delay in payment or restructure the underlying obligation. If an obligor is permitted to restructure its </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">obligations, distributions from collateral securities may not be adequate to make interest or other payments.</span></div></ix:continuation> </ix:continuation> <ix:continuation id="t_14_1e44f6a2_6836_f9fd_3e94_9069b0815ea0_2" continuedAt="t_14_1e44f6a2_6836_f9fd_3e94_9069b0815ea0_3"> <ix:continuation id="t_63_20e49647_11d4_0b4c_4bef_5eb4ae5cf429_71" continuedAt="t_63_20e49647_11d4_0b4c_4bef_5eb4ae5cf429_72"><div style="line-height: 12.02pt; margin-top: 9.90pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;">The performance of CLOs, CDOs and CBOs depends primarily upon the quality of the underlying assets and the level of </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">credit support or enhancement in the structure and the relative priority of the interest in the issuer of the CLO, CDO or CBO </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">purchased by the Fund. In general, CLOs, CDOs and CBOs are actively managed by an asset manager that is responsible for </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">evaluating and acquiring the assets that will collateralize the CLO, CDO or CBO. The asset manager may have difficulty in </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">identifying assets that satisfy the eligibility criteria for the assets and may be restricted from trading the collateral. These criteria, </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">restrictions and requirements, while reducing the overall risk to the Fund, may limit the ability of the Adviser to maximize </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">returns on the CLOs, CDOs and CBOs if an opportunity is identified by the collateral manager. In addition, other parties </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">involved in CLOs, CDOs and CBOs, such as credit enhancement providers and investors in senior obligations of the CLO, CDO </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">or CBO may have the right to control the activities and discretion of the Adviser in a manner that is adverse to the interests of </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">the Fund. A CLO, CDO or CBO generally includes provisions that alter the priority of payments if performance metrics related </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">to the underlying collateral, such as interest coverage and minimum overcollateralization, are not met.</span></div></ix:continuation> </ix:continuation> </div> <div style="clear: both;"></div> <div style="float: left; margin-left: 39pt; margin-top: 12pt; width: 516pt; min-height: 12pt;"> <div style="line-height: 10.02pt; text-align: center;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; line-height: 10.02pt; margin-left: 0%;">73</span></div> </div> </div> </div> <div style="float: left; margin-bottom: 5.0pt; width: 100%;"></div> <hr style="clear: both; margin: 40.0pt 0.25pt 0.25pt 0.25pt;" /></div> <div> <div><a id="xx_6f541e02-145b-4442-80b8-adf4d990b3c8_29"></a> <div style="page-break-after: always; position: relative;"> <div style="clear: both;"></div> <div style="float: left; min-height: 696pt; margin-left: 39pt; margin-top: 36pt; width: 516pt;"> <ix:continuation id="t_14_1e44f6a2_6836_f9fd_3e94_9069b0815ea0_3" continuedAt="t_14_1e44f6a2_6836_f9fd_3e94_9069b0815ea0_4"> <ix:continuation id="t_63_20e49647_11d4_0b4c_4bef_5eb4ae5cf429_72" continuedAt="t_63_20e49647_11d4_0b4c_4bef_5eb4ae5cf429_73"><div style="line-height: 12.02pt; margin-top: 10pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;">These provisions may cause delays in payments on the securities or an increase in prepayments depending on the relative </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">priority of the securities owned by the Fund. The failure of a CLO, CDO or CBO to make timely payments on a particular </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">tranche may have an adverse effect on the liquidity and market value of such tranche.</span></div></ix:continuation> </ix:continuation> <ix:continuation id="t_14_1e44f6a2_6836_f9fd_3e94_9069b0815ea0_4" continuedAt="t_14_1e44f6a2_6836_f9fd_3e94_9069b0815ea0_5"> <ix:continuation id="t_63_20e49647_11d4_0b4c_4bef_5eb4ae5cf429_73" continuedAt="t_63_20e49647_11d4_0b4c_4bef_5eb4ae5cf429_74"><div style="line-height: 12.02pt; margin-top: 9.90pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;">Payments to holders of CLOs, CDOs and CBOs may be subject to deferral. If cashflows generated by the underlying </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">assets are insufficient to make all current and, if applicable, deferred payments on the CLOs, CDOs and CBOs, no other assets </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">will be available for payment of the deficiency and, following realization of the underlying assets, the obligations of the issuer to </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">pay such deficiency will be extinguished.</span></div></ix:continuation> </ix:continuation> <ix:continuation id="t_14_1e44f6a2_6836_f9fd_3e94_9069b0815ea0_5" continuedAt="t_14_1e44f6a2_6836_f9fd_3e94_9069b0815ea0_6"> <ix:continuation id="t_63_20e49647_11d4_0b4c_4bef_5eb4ae5cf429_74" continuedAt="t_63_20e49647_11d4_0b4c_4bef_5eb4ae5cf429_75"><div style="line-height: 12.02pt; margin-top: 9.90pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;">The value of securities issued by CLOs, CDOs and CBOs also may change because of, among other things, changes in </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">market value; changes in the market&#8217;s perception of the creditworthiness of the servicer of the assets, the originator of an asset in </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">the pool, or the financial institution or fund providing credit support or enhancement; loan performance and prices; broader </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">market sentiment, including expectations regarding future loan defaults, liquidity conditions and supply and demand for </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">structured products.</span></div></ix:continuation> </ix:continuation> <ix:continuation id="t_14_1e44f6a2_6836_f9fd_3e94_9069b0815ea0_6" continuedAt="t_14_1e44f6a2_6836_f9fd_3e94_9069b0815ea0_7"> <ix:continuation id="t_63_20e49647_11d4_0b4c_4bef_5eb4ae5cf429_75" continuedAt="t_63_20e49647_11d4_0b4c_4bef_5eb4ae5cf429_76"><div style="line-height: 12.02pt; margin-top: 9.90pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;">Section 13 of the Bank Holding Company Act of 1956, often referred to as the &#8220;Volcker Rule,&#8221; imposes restrictions on </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">banking entities&#8217; ability to sponsor or invest in certain CLOs, CDOs and CBOs. These restrictions may have an adverse effect on </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">the CLO, CDO and CBO market generally, including the availability, liquidity and value of certain CLOs, CDOs and CBOs.</span></div></ix:continuation> </ix:continuation> <ix:continuation id="t_14_1e44f6a2_6836_f9fd_3e94_9069b0815ea0_7" continuedAt="t_14_1e44f6a2_6836_f9fd_3e94_9069b0815ea0_8"> <ix:continuation id="t_63_20e49647_11d4_0b4c_4bef_5eb4ae5cf429_76" continuedAt="t_63_20e49647_11d4_0b4c_4bef_5eb4ae5cf429_77"><div style="line-height: 12.02pt; margin-top: 9.90pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;">The Fund may invest in any portion of the capital structure of CLOs (including the subordinated, residual and deep </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">mezzanine debt tranches). As a result, the CLOs in which the Fund invests may have issued and sold debt tranches that will rank </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">senior to the tranches in which the Fund invests. By their terms, such more senior tranches may entitle the holders to receive </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">payment of interest or principal on or before the dates on which the Fund is entitled to receive payments with respect to the </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">tranches in which the Fund invests. Also, in the event of insolvency, liquidation, dissolution, reorganization or bankruptcy of a </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">CLO, holders of more senior tranches would typically be entitled to receive payment in full before the Fund receives any </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">distribution. After repaying such senior creditors, such CLO may not have any remaining assets to use for repaying its obligation </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">to the Fund. In the case of tranches ranking equally with the tranches in which the Fund invests, the Fund would have to share on </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">an equal basis any distributions with other creditors holding such securities in the event of an insolvency, liquidation, </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">dissolution, reorganization or bankruptcy of the relevant CLO. Therefore, the Fund may not receive back the full amount of its </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">investment in a CLO.</span></div></ix:continuation> </ix:continuation> <ix:continuation id="t_14_1e44f6a2_6836_f9fd_3e94_9069b0815ea0_8" continuedAt="t_14_1e44f6a2_6836_f9fd_3e94_9069b0815ea0_9"> <ix:continuation id="t_63_20e49647_11d4_0b4c_4bef_5eb4ae5cf429_77" continuedAt="t_63_20e49647_11d4_0b4c_4bef_5eb4ae5cf429_78"><div style="line-height: 12.02pt; margin-top: 9.90pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-style: italic; margin-left: 29pt;">CLO Subordinated Notes Risk</span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">. The Fund may invest in any portion of the capital structure of CLOs (including the </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">subordinated, residual and deep mezzanine debt tranches). Investment in the subordinated tranche is subject to special risks. The </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">subordinated tranche does not receive ratings and is considered the riskiest portion of the capital structure of a CLO. The </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">subordinated tranche is junior in priority of payment to the more senior tranches of the CLO and is subject to certain payment </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">restrictions. As a result, the subordinated tranche bears the bulk of defaults from the loans in the CLO. In addition, the </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">subordinated tranche generally has only limited voting rights and generally does not benefit from any creditors&#8217; rights or ability </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">to exercise remedies under the indenture governing the CLO notes. Certain mezzanine tranches in which the Fund may invest </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">may also be subject to certain risks similar to risks associated with investment in the subordinated tranche.</span></div></ix:continuation> </ix:continuation> <ix:continuation id="t_14_1e44f6a2_6836_f9fd_3e94_9069b0815ea0_9" continuedAt="t_14_1e44f6a2_6836_f9fd_3e94_9069b0815ea0_10"> <ix:continuation id="t_63_20e49647_11d4_0b4c_4bef_5eb4ae5cf429_78" continuedAt="t_63_20e49647_11d4_0b4c_4bef_5eb4ae5cf429_79"><div style="line-height: 12.02pt; margin-top: 9.90pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;">The subordinated tranche is unsecured and ranks behind all of the secured creditors, known or unknown, of the CLO </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">issuer, including the holders of the secured notes it has issued. Consequently, to the extent that the value of the issuer&#8217;s portfolio </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">of loan investments has been reduced as a result of conditions in the credit markets, defaulted loans, capital gains and losses on </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">the underlying assets, prepayment or changes in interest rates, the value of the subordinated tranche realized at redemption could </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">be reduced. If a CLO breaches certain tests set forth in the CLO&#8217;s indenture, excess cash flow that would otherwise be available </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">for distribution to the subordinated tranche investors is diverted to prepay CLO debt investors in order of seniority until such </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">time as the covenant breach is cured. If the covenant breach is not or cannot be cured, the subordinated tranche investors (and </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">potentially other investors in lower priority rated tranches) may experience a partial or total loss of their investment. </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">Accordingly, the subordinated tranche may not be paid in full and may be subject to up to 100% loss. At the time of issuance, the </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">subordinated tranche of a CLO is typically under-collateralized in that the liabilities of a CLO at inception exceed its total </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">assets.</span></div></ix:continuation> </ix:continuation> <ix:continuation id="t_14_1e44f6a2_6836_f9fd_3e94_9069b0815ea0_10" continuedAt="t_14_1e44f6a2_6836_f9fd_3e94_9069b0815ea0_11"> <ix:continuation id="t_63_20e49647_11d4_0b4c_4bef_5eb4ae5cf429_79" continuedAt="t_63_20e49647_11d4_0b4c_4bef_5eb4ae5cf429_80"><div style="line-height: 12.02pt; margin-top: 10.00pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;">The leveraged nature of subordinated notes may magnify the adverse impact on the subordinated notes of changes in the </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">market value of the investments held by the issuer, changes in the distributions on those investments, defaults and recoveries on </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">those investments, capital gains and losses on those investments, prepayments on those investments and availability, prices and </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">interest rates of those investments.</span></div></ix:continuation> </ix:continuation> <ix:continuation id="t_14_1e44f6a2_6836_f9fd_3e94_9069b0815ea0_11" continuedAt="t_14_1e44f6a2_6836_f9fd_3e94_9069b0815ea0_12"> <ix:continuation id="t_63_20e49647_11d4_0b4c_4bef_5eb4ae5cf429_80" continuedAt="t_63_20e49647_11d4_0b4c_4bef_5eb4ae5cf429_81"><div style="line-height: 12.02pt; margin-top: 10.00pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;">Subordinated notes are not guaranteed by another party. There can be no assurance that distributions on the assets held by </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">the CLO will be sufficient to make any distributions or that the yield on the subordinated notes will meet the Fund&#8217;s </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">expectations. Investments in the subordinated tranche of a CLO are generally less liquid than CLO debt tranches and subject to </span></div></ix:continuation> </ix:continuation> </div> <div style="clear: both;"></div> <div style="float: left; margin-left: 39pt; margin-top: 12pt; width: 516pt; min-height: 12pt;"> <div style="line-height: 10.02pt; text-align: center;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; line-height: 10.02pt; margin-left: 0%;">74</span></div> </div> </div> </div> <div style="float: left; margin-bottom: 5.0pt; width: 100%;"></div> <hr style="clear: both; margin: 40.0pt 0.25pt 0.25pt 0.25pt;" /></div> <div> <div><a id="xx_6f541e02-145b-4442-80b8-adf4d990b3c8_30"></a> <div style="page-break-after: always; position: relative;"> <div style="clear: both;"></div> <div style="float: left; margin-left: 39pt; margin-top: 36pt; width: 516pt; min-height: 696pt;"> <ix:continuation id="t_14_1e44f6a2_6836_f9fd_3e94_9069b0815ea0_12"> <ix:continuation id="t_63_20e49647_11d4_0b4c_4bef_5eb4ae5cf429_81" continuedAt="t_63_20e49647_11d4_0b4c_4bef_5eb4ae5cf429_82"><div style="line-height: 12.02pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">extensive transfer restrictions, and there may be no market for subordinated notes. Therefore Fund may be required to hold </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">subordinated notes for an indefinite period of time or until their stated maturity. Certain mezzanine tranches in which the Fund </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">may invest may also be subject to certain risks similar to risks associated with investment in the subordinated tranche.</span></div></ix:continuation> </ix:continuation> <ix:nonNumeric name="cef:RiskTextBlock" id="t_15_560f0e6b_adfa_673d_8ade_7de55748d691" escape="true" continuedAt="t_15_560f0e6b_adfa_673d_8ade_7de55748d691_1" contextRef="I20210920_RisksAssociatedWithRiskLinkedSecuritiesMember"> <ix:continuation id="t_63_20e49647_11d4_0b4c_4bef_5eb4ae5cf429_82" continuedAt="t_63_20e49647_11d4_0b4c_4bef_5eb4ae5cf429_83"><div style="line-height: 12.02pt; margin-top: 10.20pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-weight: bold;">Risks Associated with Risk-Linked Securities</span></div></ix:continuation> </ix:nonNumeric> <ix:continuation id="t_15_560f0e6b_adfa_673d_8ade_7de55748d691_1"> <ix:continuation id="t_63_20e49647_11d4_0b4c_4bef_5eb4ae5cf429_83" continuedAt="t_63_20e49647_11d4_0b4c_4bef_5eb4ae5cf429_84"><div style="line-height: 12.02pt; margin-top: 10.20pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;">RLS are a form of derivative issued by insurance companies and insurance-related special purpose vehicles that apply </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">securitization techniques to catastrophic property and casualty damages. </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">Unlike other insurable low-severity, high-probability </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">events (such as auto collision coverage), the insurance risk of which can be diversified by writing large numbers of similar </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">policies, the holders of a typical RLS are exposed to the risks from high-severity, low-probability events such as that posed by </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">major earthquakes or hurricanes. RLS represent a method of reinsurance, by which insurance companies transfer their own </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">portfolio risk to other reinsurance companies and, in the case of RLS, to the capital markets. A typical RLS provides for income </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">and return of capital similar to other fixed-income investments, but involves full or partial default if losses resulting from a </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">certain catastrophe exceeded a predetermined amount. In essence, investors invest funds in RLS and if a catastrophe occurs that </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">&#8220;triggers&#8221; the RLS, investors may lose some or all of the capital invested. In the case of an event, the funds are paid to the bond </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">sponsor &#8212; an insurer, reinsurer or corporation &#8212; to cover losses. In return, the bond sponsors pay interest to investors for this </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">catastrophe protection. RLS can be structured to pay-off on three types of variables&#8212;insurance-industry catastrophe loss </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">indices, insure-specific catastrophe losses and parametric indices based on the physical characteristics of catastrophic events. </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">Such variables are difficult to predict or model, and the risk and potential return profiles of RLS may be difficult to assess. </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">Catastrophe-related RLS have been in use since the 1990s, and the securitization and risk-transfer aspects of such RLS are </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">beginning to be employed in other insurance and risk-related areas. No active trading market may exist for certain RLS, which </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">may impair the ability of the Fund to realize full value in the event of the need to liquidate such assets.</span></div></ix:continuation> </ix:continuation> <ix:nonNumeric name="cef:RiskTextBlock" id="t_16_ab3466c9_ea2a_9351_84f4_444f23955b6e" escape="true" continuedAt="t_16_ab3466c9_ea2a_9351_84f4_444f23955b6e_1" contextRef="I20210920_RisksAssociatedWithStructuredNotesMember"> <ix:continuation id="t_63_20e49647_11d4_0b4c_4bef_5eb4ae5cf429_84" continuedAt="t_63_20e49647_11d4_0b4c_4bef_5eb4ae5cf429_85"><div style="line-height: 12.02pt; margin-top: 10.20pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-weight: bold;">Risks Associated with Structured Notes</span></div></ix:continuation> </ix:nonNumeric> <ix:continuation id="t_16_ab3466c9_ea2a_9351_84f4_444f23955b6e_1"> <ix:continuation id="t_63_20e49647_11d4_0b4c_4bef_5eb4ae5cf429_85" continuedAt="t_63_20e49647_11d4_0b4c_4bef_5eb4ae5cf429_86"><div style="line-height: 12.02pt; margin-top: 10.19pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;">Investments in structured notes involve risks associated with the issuer of the note and the reference instrument. Where </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">the Fund&#8217;s investments in structured notes are based upon the movement of one or more factors, including currency exchange </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">rates, interest rates, referenced bonds and stock indices, depending on the factor used and the use of multipliers or deflators, </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">changes in interest rates and movement of the factor may cause significant price fluctuations. Additionally, changes in the </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">reference instrument or security may cause the interest rate on the structured note to be reduced to zero, and any further changes </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">in the reference instrument may then reduce the principal amount payable on maturity. Structured notes may be less liquid than </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">other types of securities and more volatile than the reference instrument or security underlying the note.</span></div></ix:continuation> </ix:continuation> <ix:nonNumeric name="cef:RiskTextBlock" id="t_17_5418b07d_92dd_ae0e_5172_afdfcda06ca7" escape="true" continuedAt="t_17_5418b07d_92dd_ae0e_5172_afdfcda06ca7_1" contextRef="I20210920_SeniorLoansRiskMember"> <ix:continuation id="t_63_20e49647_11d4_0b4c_4bef_5eb4ae5cf429_86" continuedAt="t_63_20e49647_11d4_0b4c_4bef_5eb4ae5cf429_87"><div style="line-height: 12.02pt; margin-top: 10.20pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-weight: bold;">Senior Loans Risk</span></div></ix:continuation> </ix:nonNumeric> <ix:continuation id="t_17_5418b07d_92dd_ae0e_5172_afdfcda06ca7_1" continuedAt="t_17_5418b07d_92dd_ae0e_5172_afdfcda06ca7_2"> <ix:continuation id="t_63_20e49647_11d4_0b4c_4bef_5eb4ae5cf429_87" continuedAt="t_63_20e49647_11d4_0b4c_4bef_5eb4ae5cf429_88"><div style="line-height: 12.02pt; margin-top: 10.19pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;">The Fund may invest in senior secured floating rate Loans made to corporations and other non-governmental entities and </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">issuers (&#8220;Senior Loans&#8221;). Senior Loans typically hold the most senior position in the capital structure of the issuing entity, are </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">typically secured with specific collateral and typically have a claim on the assets of the borrower, including stock owned by the </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">borrower in its subsidiaries, that is senior to that held by junior lien creditors, subordinated debt holders and stockholders of the </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">borrower. The Fund&#8217;s investments in Senior Loans are typically below-investment grade and are considered speculative because </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">of the credit risk of the applicable issuer.</span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; line-height: 12.02pt;"> </span></div></ix:continuation> </ix:continuation> <ix:continuation id="t_17_5418b07d_92dd_ae0e_5172_afdfcda06ca7_2" continuedAt="t_17_5418b07d_92dd_ae0e_5172_afdfcda06ca7_3"> <ix:continuation id="t_63_20e49647_11d4_0b4c_4bef_5eb4ae5cf429_88" continuedAt="t_63_20e49647_11d4_0b4c_4bef_5eb4ae5cf429_89"><div style="line-height: 12.02pt; margin-top: 10.10pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;">There is less readily-available, reliable information about most Senior Loans than is the case for many other types of </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">securities. In addition, there is rarely a minimum rating or other independent evaluation of a borrower or its securities, and the </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">Adviser relies primarily on its own evaluation of a borrower&#8217;s credit quality rather than on any available independent sources. As </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">a result, the Fund is particularly dependent on the analytical abilities of the Adviser with respect to investments in Senior Loans. </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">The Adviser&#8217;s judgment about the credit quality of a borrower may be wrong.</span></div></ix:continuation> </ix:continuation> <ix:continuation id="t_17_5418b07d_92dd_ae0e_5172_afdfcda06ca7_3" continuedAt="t_17_5418b07d_92dd_ae0e_5172_afdfcda06ca7_4"> <ix:continuation id="t_63_20e49647_11d4_0b4c_4bef_5eb4ae5cf429_89" continuedAt="t_63_20e49647_11d4_0b4c_4bef_5eb4ae5cf429_90"><div style="line-height: 12.02pt; margin-top: 10.10pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;">The risks associated with Senior Loans of below-investment grade quality are similar to the risks of other lower grade </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">Income Securities, although Senior Loans are typically senior in payment priority and secured on a senior priority basis, in </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">contrast to subordinated and unsecured Income Securities. Senior Loans&#8217; higher priority has historically resulted in generally </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">higher recoveries in the event of a corporate reorganization. In addition, because their interest payments are adjusted for changes </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">in short-term interest rates, investments in Senior Loans have less interest rate risk than certain other lower grade Income </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">Securities, which may have fixed interest rates. The Fund&#8217;s investments in Senior Loans are typically below-investment grade </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">and are considered speculative because of the credit risk of their issuers. Such companies are more likely to default on their </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">payments of interest and principal owed to the Fund, and such defaults could reduce the Fund&#8217;s net asset value and income </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">distributions. An economic downturn generally leads to a higher non-payment rate, and a debt obligation may lose significant </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">value before a default occurs. Moreover, any specific collateral used to secure a Senior Loan may decline in value or become </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">illiquid, which would adversely affect the Senior Loan&#8217;s value.</span></div></ix:continuation> </ix:continuation> </div> <div style="clear: both;"></div> <div style="float: left; margin-left: 39pt; margin-top: 12pt; width: 516pt; min-height: 12pt;"> <div style="line-height: 10.02pt; text-align: center;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; line-height: 10.02pt; margin-left: 0%;">75</span></div> </div> </div> </div> <div style="float: left; margin-bottom: 5.0pt; width: 100%;"></div> <hr style="clear: both; margin: 40.0pt 0.25pt 0.25pt 0.25pt;" /></div> <div> <div><a id="xx_6f541e02-145b-4442-80b8-adf4d990b3c8_31"></a> <div style="page-break-after: always; position: relative;"> <div style="clear: both;"></div> <div style="float: left; min-height: 696pt; margin-left: 39pt; margin-top: 36pt; width: 516pt;"> <ix:continuation id="t_17_5418b07d_92dd_ae0e_5172_afdfcda06ca7_4" continuedAt="t_17_5418b07d_92dd_ae0e_5172_afdfcda06ca7_5"> <ix:continuation id="t_63_20e49647_11d4_0b4c_4bef_5eb4ae5cf429_90" continuedAt="t_63_20e49647_11d4_0b4c_4bef_5eb4ae5cf429_91"><div style="line-height: 12.02pt; margin-top: 10pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;">Economic and other events (whether real or perceived) can reduce the demand for certain Senior Loans or Senior Loans </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">generally, which may reduce market prices and cause the Fund&#8217;s net asset value per share to fall. The frequency and magnitude </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">of such changes cannot be predicted.</span></div></ix:continuation> </ix:continuation> <ix:continuation id="t_17_5418b07d_92dd_ae0e_5172_afdfcda06ca7_5"> <ix:continuation id="t_63_20e49647_11d4_0b4c_4bef_5eb4ae5cf429_91" continuedAt="t_63_20e49647_11d4_0b4c_4bef_5eb4ae5cf429_92"><div style="line-height: 12.02pt; margin-top: 9.90pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;">Loans and other debt instruments are also subject to the risk of price declines due to increases in prevailing interest rates, </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">although floating-rate debt instruments are substantially less exposed to this risk than fixed-rate debt instruments. Interest rate </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">changes may also increase prepayments of debt obligations and require the Fund to invest assets at lower yields. No active </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">trading market may exist for certain Senior Loans, which may impair the ability of the Fund to realize full value in the event of </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">the need to liquidate such assets. Adverse market conditions may impair the liquidity of some actively traded Senior Loans.</span></div></ix:continuation> </ix:continuation> <ix:nonNumeric name="cef:RiskTextBlock" id="t_18_200b06ac_8178_6f1d_9aed_7fca1de9986b" escape="true" continuedAt="t_18_200b06ac_8178_6f1d_9aed_7fca1de9986b_1" contextRef="I20210920_SecondLienLoansRiskMember"> <ix:continuation id="t_63_20e49647_11d4_0b4c_4bef_5eb4ae5cf429_92" continuedAt="t_63_20e49647_11d4_0b4c_4bef_5eb4ae5cf429_93"><div style="line-height: 12.02pt; margin-top: 9.90pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-weight: bold;">Second Lien Loans Risk</span></div></ix:continuation> </ix:nonNumeric> <ix:continuation id="t_18_200b06ac_8178_6f1d_9aed_7fca1de9986b_1"> <ix:continuation id="t_63_20e49647_11d4_0b4c_4bef_5eb4ae5cf429_93" continuedAt="t_63_20e49647_11d4_0b4c_4bef_5eb4ae5cf429_94"><div style="line-height: 12.02pt; margin-top: 9.90pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;">The Fund may invest in &#8220;second lien&#8221; secured floating rate Loans made by public and private corporations and other non-governmental</span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"> entities and issuers for a variety of purposes (&#8220;Second Lien Loans&#8221;). Second Lien Loans are typically second in </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">right of payment and/or second in right of priority with respect to collateral remedies to one or more Senior Loans of the related </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">borrower. </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">Second Lien Loans are subject to the same risks associated with investment in Senior Loans and other lower grade </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">Income Securities. However, Second Lien Loans are second in right of payment and/or second in right of priority with respect to </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">collateral remedies to Senior Loans and therefore are subject to the additional risk that the cash flow of the borrower and/or the </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">value of any property securing the Loan may be insufficient to meet scheduled payments or otherwise be available to repay the </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">Loan after giving effect to payments in respect of a Senior Loan, including payments made with the proceeds of any property </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">securing the Loan and any senior secured obligations of the borrower. Second Lien Loans are expected to have greater price </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">volatility and exposure to losses upon default than Senior Loans and may be less liquid. There is also a possibility that </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">originators will not be able to sell participations in Second Lien Loans, which would create greater credit risk exposure.</span></div></ix:continuation> </ix:continuation> <ix:nonNumeric name="cef:RiskTextBlock" id="t_19_1c4e4920_45a1_5a64_a216_ebf2379aa9ef" escape="true" continuedAt="t_19_1c4e4920_45a1_5a64_a216_ebf2379aa9ef_1" contextRef="I20210920_SubordinatedSecuredLoansRiskMember"> <ix:continuation id="t_63_20e49647_11d4_0b4c_4bef_5eb4ae5cf429_94" continuedAt="t_63_20e49647_11d4_0b4c_4bef_5eb4ae5cf429_95"><div style="line-height: 12.02pt; margin-top: 9.90pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-weight: bold;">Subordinated Secured Loans Risk</span></div></ix:continuation> </ix:nonNumeric> <ix:continuation id="t_19_1c4e4920_45a1_5a64_a216_ebf2379aa9ef_1"> <ix:continuation id="t_63_20e49647_11d4_0b4c_4bef_5eb4ae5cf429_95" continuedAt="t_63_20e49647_11d4_0b4c_4bef_5eb4ae5cf429_96"><div style="line-height: 12.02pt; margin-top: 10.00pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;">Subordinated secured Loans generally are subject to similar risks as those associated with investment in Senior Loans, </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">Second Lien Loans and below investment grade securities. </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">However, such loans may rank lower in right of payment than any </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">outstanding Senior Loans, Second Lien Loans or other debt instruments with higher priority of the borrower and therefore are </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">subject to additional risk that the cash flow of the borrower and any property securing the loan may be insufficient to meet </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">scheduled payments and repayment of principal in the event of default or bankruptcy after giving effect to the higher ranking </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">secured obligations of the borrower. Subordinated secured Loans are expected to have greater price volatility than Senior Loans </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">and Second Lien Loans and may be less liquid.</span></div></ix:continuation> </ix:continuation> <ix:nonNumeric name="cef:RiskTextBlock" id="t_20_02093d10_68cd_bdfe_aaf1_e74bfda0ded1" escape="true" continuedAt="t_20_02093d10_68cd_bdfe_aaf1_e74bfda0ded1_1" contextRef="I20210920_UnsecuredLoansRiskMember"> <ix:continuation id="t_63_20e49647_11d4_0b4c_4bef_5eb4ae5cf429_96" continuedAt="t_63_20e49647_11d4_0b4c_4bef_5eb4ae5cf429_97"><div style="line-height: 12.02pt; margin-top: 10.00pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-weight: bold;">Unsecured Loans Risk</span></div></ix:continuation> </ix:nonNumeric> <ix:continuation id="t_20_02093d10_68cd_bdfe_aaf1_e74bfda0ded1_1"> <ix:continuation id="t_63_20e49647_11d4_0b4c_4bef_5eb4ae5cf429_97" continuedAt="t_63_20e49647_11d4_0b4c_4bef_5eb4ae5cf429_98"><div style="line-height: 12.02pt; margin-top: 10.00pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;">Unsecured Loans generally are subject to similar risks as those associated with investment in Senior Loans, Second Lien </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">Loans, subordinated secured Loans and below investment grade securities. However, because unsecured Loans have lower </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">priority in right of payment to any higher ranking obligations of the borrower and are not backed by a security interest in any </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">specific collateral, they are subject to additional risk that the cash flow of the borrower and available assets may be insufficient </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">to meet scheduled payments and repayment of principal after giving effect to any higher ranking obligations of the borrower. </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">Unsecured Loans are expected to have greater price volatility than Senior Loans, Second Lien Loans and subordinated secured </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">Loans and may be less liquid.</span></div></ix:continuation> </ix:continuation> <ix:nonNumeric name="cef:RiskTextBlock" id="t_21_00ec91e3_48cf_6f7f_9724_2105a577214d" escape="true" continuedAt="t_21_00ec91e3_48cf_6f7f_9724_2105a577214d_1" contextRef="I20210920_LoansAndLoanParticipationsAndAssignmentsRiskMember"> <ix:continuation id="t_63_20e49647_11d4_0b4c_4bef_5eb4ae5cf429_98" continuedAt="t_63_20e49647_11d4_0b4c_4bef_5eb4ae5cf429_99"><div style="line-height: 12.02pt; margin-top: 10.00pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-weight: bold;">Loans and Loan Participations and Assignments Risk</span></div></ix:continuation> </ix:nonNumeric> <ix:continuation id="t_21_00ec91e3_48cf_6f7f_9724_2105a577214d_1" continuedAt="t_21_00ec91e3_48cf_6f7f_9724_2105a577214d_2"> <ix:continuation id="t_63_20e49647_11d4_0b4c_4bef_5eb4ae5cf429_99" continuedAt="t_63_20e49647_11d4_0b4c_4bef_5eb4ae5cf429_100"><div style="line-height: 12.02pt; margin-top: 10.00pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;">The Fund may invest in loans directly or through participations or assignments. The Fund may purchase Loans on a </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">direct assignment basis from a participant in the original syndicate of lenders or from subsequent assignees of such interests. </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">The Fund may also purchase, without limitation, participations in Loans. </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">The purchaser of an assignment typically succeeds to </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">all the rights and obligations of the assigning institution and becomes a lender under the credit agreement with respect to the </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">debt obligation; however, the purchaser&#8217;s rights can be more restricted than those of the assigning institution, and, in any event, </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">the Fund may not be able to unilaterally enforce all rights and remedies under the loan and with regard to any associated </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">collateral. A participation typically results in a contractual relationship only with the institution participating out the interest, not </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">with the borrower. In purchasing participations, the Fund generally will have no right to enforce compliance by the borrower </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">with the terms of the loan agreement against the borrower, and the Fund may not directly benefit from the collateral supporting </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">the debt obligation in which it has purchased the participation. As a result, the Fund will be exposed to the credit risk of both the </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">borrower and the institution selling the participation. Further, in purchasing participations in lending syndicates, the Fund may </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">not be able to conduct the same due diligence on the borrower with respect to a Senior Loan that the Fund would otherwise </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">conduct. In addition, as a holder of the participations, the Fund may not have voting rights or inspection rights that the Fund </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">would otherwise have if it were investing directly in the Senior Loan, which may result in the Fund being exposed to greater </span></div></ix:continuation> </ix:continuation> </div> <div style="clear: both;"></div> <div style="float: left; margin-left: 39pt; margin-top: 12pt; width: 516pt; min-height: 12pt;"> <div style="line-height: 10.02pt; text-align: center;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; line-height: 10.02pt; margin-left: 0%;">76</span></div> </div> </div> </div> <div style="float: left; margin-bottom: 5.0pt; width: 100%;"></div> <hr style="clear: both; margin: 40.0pt 0.25pt 0.25pt 0.25pt;" /></div> <div> <div><a id="xx_6f541e02-145b-4442-80b8-adf4d990b3c8_32"></a> <div style="page-break-after: always; position: relative;"> <div style="clear: both;"></div> <div style="float: left; min-height: 696pt; margin-left: 39pt; margin-top: 36pt; width: 516pt;"> <ix:continuation id="t_21_00ec91e3_48cf_6f7f_9724_2105a577214d_2" continuedAt="t_21_00ec91e3_48cf_6f7f_9724_2105a577214d_3"> <ix:continuation id="t_63_20e49647_11d4_0b4c_4bef_5eb4ae5cf429_100" continuedAt="t_63_20e49647_11d4_0b4c_4bef_5eb4ae5cf429_101"><div style="line-height: 12.02pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">credit or fraud risk with respect to the borrower or the Senior Loan. Lenders selling a participation and other persons </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">interpositioned between the lender and the Fund with respect to a participation will likely conduct their principal business </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">activities in the banking, finance and financial services industries. Because the Fund may invest in participations, the Fund may </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">be more susceptible to economic, political or regulatory occurrences affecting such industries.</span></div></ix:continuation> </ix:continuation> <ix:continuation id="t_21_00ec91e3_48cf_6f7f_9724_2105a577214d_3" continuedAt="t_21_00ec91e3_48cf_6f7f_9724_2105a577214d_4"> <ix:continuation id="t_63_20e49647_11d4_0b4c_4bef_5eb4ae5cf429_101" continuedAt="t_63_20e49647_11d4_0b4c_4bef_5eb4ae5cf429_102"><div style="line-height: 12.02pt; margin-top: 9.80pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;">Loans are especially vulnerable to the financial health, or perceived financial health, of the borrower but are also </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">particularly susceptible to economic and market sentiment such that changes in these conditions or the occurrence of other </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">economic or market events may reduce the demand for loans and cause their value to decline rapidly and unpredictably. Many </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">loans and loan interests are subject to legal or contractual restrictions on transfer, resale or assignment that may limit the ability </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">of the Fund to sell its interest in a loan at an advantageous time or price. The resale, or secondary, market for loans is currently </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">growing, but may become more limited or more difficult to access, and such changes may be sudden and unpredictable. </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">Transactions in loans are often subject to long settlement periods (in excess of the standard T+2 days settlement cycle for most </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">securities and often longer than seven days). As a result, sale proceeds potentially will not be available to the Fund to make </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">additional investments or to use proceeds to meet its current obligations. The Fund thus is subject to the risk of selling other </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">investments at disadvantageous times or prices or taking other actions necessary to raise cash to meet its obligations such as </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">borrowing from a bank or holding additional cash, particularly during periods of unusual market or economic conditions or </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">financial stress.</span></div></ix:continuation> </ix:continuation> <ix:continuation id="t_21_00ec91e3_48cf_6f7f_9724_2105a577214d_4" continuedAt="t_21_00ec91e3_48cf_6f7f_9724_2105a577214d_5"> <ix:continuation id="t_63_20e49647_11d4_0b4c_4bef_5eb4ae5cf429_102" continuedAt="t_63_20e49647_11d4_0b4c_4bef_5eb4ae5cf429_103"><div style="line-height: 12.02pt; margin-top: 9.90pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;">The Fund invests in or is exposed to loans and other similar debt obligations that are sometimes referred to as &#8220;covenant-lite&#8221;</span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"> loans or obligations (&#8220;covenant-lite obligations&#8221;), which are generally subject to more risk than investments that contain </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">traditional financial maintenance covenants and financial reporting requirements. The Fund may have fewer rights with respect </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">to covenant-lite obligations, including fewer protections against the possibility of default and fewer remedies in the event of </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">default. As a result, investments in (or exposure to) covenant-lite obligations are subject to more risk than investments in (or </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">exposure to) certain other types of obligations.</span></div></ix:continuation> </ix:continuation> <ix:continuation id="t_21_00ec91e3_48cf_6f7f_9724_2105a577214d_5" continuedAt="t_21_00ec91e3_48cf_6f7f_9724_2105a577214d_6"> <ix:continuation id="t_63_20e49647_11d4_0b4c_4bef_5eb4ae5cf429_103" continuedAt="t_63_20e49647_11d4_0b4c_4bef_5eb4ae5cf429_104"><div style="line-height: 12.02pt; margin-top: 9.90pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;">In certain circumstances, the Adviser or its affiliates (including on behalf of clients other than the Fund) or the Fund may </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">be in possession of material non-public information about a borrower as a result of its ownership of a loan and/or corporate debt </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">security of a borrower. Because U.S. laws and regulations generally prohibit trading in securities of issuers while in possession </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">of material, non-public information, the Fund might be unable (potentially for a substantial period of time) to trade securities or </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">other instruments issued by the borrower when it would otherwise be advantageous to do so and, as such, could incur a loss. In </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">circumstances when the Adviser or the Fund determines to avoid or to not receive non-public information about a borrower for </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">loan investments being considered for acquisition by the Fund or held by the Fund, the Fund may be disadvantaged relative to </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">other investors that do receive such information, and the Fund may not be able to take advantage of other investment </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">opportunities that it may otherwise have. The Adviser or its affiliates may participate in the primary and secondary market for </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">loans or other transactions with possible borrowers. As a result, the Fund may be legally restricted from acquiring some loans </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">and from participating in a restructuring of a loan or other similar instrument. Further, if the Fund, in combination with other </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">accounts managed by the Adviser or its affiliates, acquires a large portion of a loan, the Fund&#8217;s valuation of its interests in the </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">loan and the Fund&#8217;s ability to dispose of the loan at favorable times or prices may be adversely affected.</span></div></ix:continuation> </ix:continuation> <ix:continuation id="t_21_00ec91e3_48cf_6f7f_9724_2105a577214d_6" continuedAt="t_21_00ec91e3_48cf_6f7f_9724_2105a577214d_7"> <ix:continuation id="t_63_20e49647_11d4_0b4c_4bef_5eb4ae5cf429_104" continuedAt="t_63_20e49647_11d4_0b4c_4bef_5eb4ae5cf429_105"><div style="line-height: 12.02pt; margin-top: 9.90pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;">The Fund is subject to other risks associated with investments in (or exposure to) loans and other similar obligations, </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">including that such loans or obligations may not be considered &#8220;securities&#8221; and, as a result, the Fund may not be entitled to rely </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">on the anti-fraud protections under the federal securities laws and instead may have to resort to state law and direct claims.</span></div></ix:continuation> </ix:continuation> <ix:continuation id="t_21_00ec91e3_48cf_6f7f_9724_2105a577214d_7"> <ix:continuation id="t_63_20e49647_11d4_0b4c_4bef_5eb4ae5cf429_105" continuedAt="t_63_20e49647_11d4_0b4c_4bef_5eb4ae5cf429_106"><div style="line-height: 12.02pt; margin-top: 9.90pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-style: italic; margin-left: 29pt;">Unfunded Commitments Risk</span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">. Certain of the loan participations or assignments acquired by the Fund may involve </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">unfunded commitments of the lenders, revolving credit facilities, delayed draw credit facilities or other investments under which </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">a borrower may from time to time borrow and repay amounts up to the maximum amount of the facility. In such cases, the Fund </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">would have an obligation to advance its portion of such additional borrowings upon the terms specified in the loan </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">documentation. Such an obligation may have the effect of requiring the Fund to increase its investment in a company at a time </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">when it might not be desirable to do so (including at a time when the company&#8217;s financial condition makes it unlikely that such </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">amounts will be repaid). These commitments are generally subject to the borrowers meeting certain criteria such as compliance </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">with covenants and certain operational metrics. The terms of the borrowings and financings subject to commitment are </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">comparable to the terms of other loans and related investments in the Fund&#8217;s portfolio.</span></div></ix:continuation> </ix:continuation> <ix:nonNumeric name="cef:RiskTextBlock" id="t_22_cd92f1b2_d0cc_6581_1b56_94f43dc9f425" escape="true" continuedAt="t_22_cd92f1b2_d0cc_6581_1b56_94f43dc9f425_1" contextRef="I20210920_MezzanineInvestmentsRiskMember"> <ix:continuation id="t_63_20e49647_11d4_0b4c_4bef_5eb4ae5cf429_106" continuedAt="t_63_20e49647_11d4_0b4c_4bef_5eb4ae5cf429_107"><div style="line-height: 12.02pt; margin-top: 9.90pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-weight: bold;">Mezzanine Investments Risk</span></div></ix:continuation> </ix:nonNumeric> <ix:continuation id="t_22_cd92f1b2_d0cc_6581_1b56_94f43dc9f425_1" continuedAt="t_22_cd92f1b2_d0cc_6581_1b56_94f43dc9f425_2"> <ix:continuation id="t_63_20e49647_11d4_0b4c_4bef_5eb4ae5cf429_107" continuedAt="t_63_20e49647_11d4_0b4c_4bef_5eb4ae5cf429_108"><div style="line-height: 12.02pt; margin-top: 9.90pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;">The Fund may invest in certain lower grade securities known as &#8220;Mezzanine Investments,&#8221; which are subordinated debt </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">securities that are generally issued in private placements in connection with an equity security (</span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-style: italic;">e.g.</span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">, with attached warrants) or </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">may be convertible into equity securities. </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">Mezzanine Investments are subject to the same risks associated with investment in </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">Senior Loans, Second Lien Loans and other lower grade Income Securities. However, Mezzanine Investments may rank lower in </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">right of payment than any outstanding Senior Loans and Second Lien Loans of the borrower, or may be unsecured (i.e., not </span></div></ix:continuation> </ix:continuation> </div> <div style="clear: both;"></div> <div style="float: left; margin-left: 39pt; margin-top: 12pt; width: 516pt; min-height: 12pt;"> <div style="line-height: 10.02pt; text-align: center;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; line-height: 10.02pt; margin-left: 0%;">77</span></div> </div> </div> </div> <div style="float: left; margin-bottom: 5.0pt; width: 100%;"></div> <hr style="clear: both; margin: 40.0pt 0.25pt 0.25pt 0.25pt;" /></div> <div> <div><a id="xx_6f541e02-145b-4442-80b8-adf4d990b3c8_33"></a> <div style="page-break-after: always; position: relative;"> <div style="clear: both;"></div> <div style="float: left; margin-left: 39pt; margin-top: 36pt; width: 516pt; min-height: 696pt;"> <ix:continuation id="t_22_cd92f1b2_d0cc_6581_1b56_94f43dc9f425_2"> <ix:continuation id="t_63_20e49647_11d4_0b4c_4bef_5eb4ae5cf429_108" continuedAt="t_63_20e49647_11d4_0b4c_4bef_5eb4ae5cf429_109"><div style="line-height: 12.02pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">backed by a security interest in any specific collateral), and are subject to the additional risk that the cash flow of the borrower </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">and available assets may be insufficient to meet scheduled payments after giving effect to any higher ranking obligations of the </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">borrower. Mezzanine Investments are expected to have greater price volatility and exposure to losses upon default than Senior </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">Loans and Second Lien Loans and may be less liquid.</span></div></ix:continuation> </ix:continuation> <ix:nonNumeric name="cef:RiskTextBlock" id="t_23_e7c05098_e483_e02c_190e_cea240a40904" escape="true" continuedAt="t_23_e7c05098_e483_e02c_190e_cea240a40904_1" contextRef="I20210920_DistressedAndDefaultedSecuritiesRiskMember"> <ix:continuation id="t_63_20e49647_11d4_0b4c_4bef_5eb4ae5cf429_109" continuedAt="t_63_20e49647_11d4_0b4c_4bef_5eb4ae5cf429_110"><div style="line-height: 12.02pt; margin-top: 10.00pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-weight: bold;">Distressed and Defaulted Securities Risk</span></div></ix:continuation> </ix:nonNumeric> <ix:continuation id="t_23_e7c05098_e483_e02c_190e_cea240a40904_1"> <ix:continuation id="t_63_20e49647_11d4_0b4c_4bef_5eb4ae5cf429_110" continuedAt="t_63_20e49647_11d4_0b4c_4bef_5eb4ae5cf429_111"><div style="line-height: 12.02pt; margin-top: 10.00pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;">Investments in the securities of financially distressed issuers involve substantial risks. These securities may present a </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">substantial risk of default or may be in default at the time of investment. The Fund may incur additional expenses to the extent it </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">is required to seek recovery upon a default in the payment of principal or interest on its portfolio holdings. </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">In any reorganization </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">or liquidation proceeding relating to a portfolio company, the Fund may lose its entire investment or may be required to accept </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">cash or securities with a value less than its original investment. Among the risks inherent in investments in a troubled entity is </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">the fact that it frequently may be difficult to obtain information as to the true financial condition of such issuer. The Adviser&#8217;s </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">judgment about the credit quality of the issuer and the relative value and liquidity of its securities may prove to be wrong.</span></div></ix:continuation> </ix:continuation> <ix:nonNumeric name="cef:RiskTextBlock" id="t_24_81290050_9404_75cd_6015_3a020e8fd3fa" escape="true" continuedAt="t_24_81290050_9404_75cd_6015_3a020e8fd3fa_1" contextRef="I20210920_ConvertibleSecuritiesRiskMember"> <ix:continuation id="t_63_20e49647_11d4_0b4c_4bef_5eb4ae5cf429_111" continuedAt="t_63_20e49647_11d4_0b4c_4bef_5eb4ae5cf429_112"><div style="line-height: 12.02pt; margin-top: 10.00pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-weight: bold;">Convertible Securities Risk</span></div></ix:continuation> </ix:nonNumeric> <ix:continuation id="t_24_81290050_9404_75cd_6015_3a020e8fd3fa_1" continuedAt="t_24_81290050_9404_75cd_6015_3a020e8fd3fa_2"> <ix:continuation id="t_63_20e49647_11d4_0b4c_4bef_5eb4ae5cf429_112" continuedAt="t_63_20e49647_11d4_0b4c_4bef_5eb4ae5cf429_113"><div style="line-height: 12.02pt; margin-top: 10.00pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;">Convertible securities, debt or preferred equity securities convertible into, or exchangeable for, equity securities, are </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">generally preferred stocks and other securities, including fixed-income securities and warrants that are convertible into or </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">exercisable for common stock. </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">Convertible securities generally participate in the appreciation or depreciation of the underlying </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">stock into which they are convertible, but to a lesser degree and are subject to the risks associated with debt and equity </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">securities, including interest rate, market and issuer risks. For example, if market interest rates rise, the value of a convertible </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">security usually falls. Certain convertible securities may combine higher or lower current income with options and other </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">features. Warrants are options to buy a stated number of shares of common stock at a specified price anytime during the life of </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">the warrants (generally, two or more years). Convertible securities may be lower-rated securities subject to greater levels of </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">credit risk. A convertible security may be converted before it would otherwise be most appropriate, which may have an adverse </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">effect on the Fund&#8217;s ability to achieve its investment objective.</span></div></ix:continuation> </ix:continuation> <ix:continuation id="t_24_81290050_9404_75cd_6015_3a020e8fd3fa_2" continuedAt="t_24_81290050_9404_75cd_6015_3a020e8fd3fa_3"> <ix:continuation id="t_63_20e49647_11d4_0b4c_4bef_5eb4ae5cf429_113" continuedAt="t_63_20e49647_11d4_0b4c_4bef_5eb4ae5cf429_114"><div style="line-height: 12.02pt; margin-top: 10.00pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;">&#8220;Synthetic&#8221; convertible securities are selected based on the similarity of their economic characteristics to those of a </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">traditional convertible security due to the combination of separate securities that possess the two principal characteristics of a </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">traditional convertible security, i.e., an income-producing security (&#8220;income-producing component&#8221;) and the right to acquire an </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">equity security (&#8220;convertible component&#8221;). The income-producing component is achieved by investing in non-convertible, </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">income-producing securities such as bonds, preferred stocks and money market instruments, which may be represented by </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">derivative instruments.</span></div></ix:continuation> </ix:continuation> <ix:continuation id="t_24_81290050_9404_75cd_6015_3a020e8fd3fa_3"> <ix:continuation id="t_63_20e49647_11d4_0b4c_4bef_5eb4ae5cf429_114" continuedAt="t_63_20e49647_11d4_0b4c_4bef_5eb4ae5cf429_115"><div style="line-height: 12.02pt; margin-top: 10.00pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;">The convertible component is achieved by investing in securities or instruments such as warrants or options to buy </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">common stock at a certain exercise price, or options on a stock index. A simple example of a synthetic convertible security is the </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">combination of a traditional corporate bond with a warrant to purchase equity securities of the issuer of the bond. The income-producing</span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"> and convertible components of a synthetic convertible security may be issued separately by different issuers and at </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">different times.</span></div></ix:continuation> </ix:continuation> <ix:nonNumeric name="cef:RiskTextBlock" id="t_25_770062a2_47b1_75a8_967e_be6b1ec7bdc9" escape="true" continuedAt="t_25_770062a2_47b1_75a8_967e_be6b1ec7bdc9_1" contextRef="I20210920_PreferredStockRiskMember"> <ix:continuation id="t_63_20e49647_11d4_0b4c_4bef_5eb4ae5cf429_115" continuedAt="t_63_20e49647_11d4_0b4c_4bef_5eb4ae5cf429_116"><div style="line-height: 12.02pt; margin-top: 10.00pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-weight: bold;">Preferred Stock Risk</span></div></ix:continuation> </ix:nonNumeric> <ix:continuation id="t_25_770062a2_47b1_75a8_967e_be6b1ec7bdc9_1" continuedAt="t_25_770062a2_47b1_75a8_967e_be6b1ec7bdc9_2"> <ix:continuation id="t_63_20e49647_11d4_0b4c_4bef_5eb4ae5cf429_116" continuedAt="t_63_20e49647_11d4_0b4c_4bef_5eb4ae5cf429_117"><div style="line-height: 12.02pt; margin-top: 10.00pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;">The Fund may invest in preferred stock, which represents the senior residual interest in the assets of an issuer after </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">meeting all claims, with priority to corporate income and liquidation payments over the issuer&#8217;s common stock. As such, </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">preferred stock is inherently more risky than the bonds and other debt instruments of the issuer, but less risky than its common </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">stock. </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">Preferred stocks may pay fixed or adjustable rates of return. Preferred stock is subject to issuer-specific and market risks </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">applicable generally to equity securities. Certain preferred stocks contain provisions that allow an issuer under certain conditions </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">to skip (in the case of &#8220;non-cumulative&#8221; preferred stocks) or defer (in the case of &#8220;cumulative&#8221; preferred stocks) dividend </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">payments. Preferred stocks often contain provisions that allow for redemption in the event of certain tax or legal changes or at </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">the issuer&#8217;s call.</span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; line-height: 12.02pt;"> </span></div></ix:continuation> </ix:continuation> <ix:continuation id="t_25_770062a2_47b1_75a8_967e_be6b1ec7bdc9_2" continuedAt="t_25_770062a2_47b1_75a8_967e_be6b1ec7bdc9_3"> <ix:continuation id="t_63_20e49647_11d4_0b4c_4bef_5eb4ae5cf429_117" continuedAt="t_63_20e49647_11d4_0b4c_4bef_5eb4ae5cf429_118"><div style="line-height: 12.02pt; margin-top: 10.00pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;">Preferred stocks typically do not provide any voting rights, except in cases when dividends are in arrears beyond a certain </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">time period. There is no assurance that dividends on preferred stocks in which the Fund invests will be declared or otherwise </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">made payable. If the Fund owns preferred stock that is deferring its distributions, the Fund may be required to report income for </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">U.S. federal income tax purposes while it is not receiving cash payments corresponding to such income. When interest rates fall </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">below the rate payable on an issue of preferred stock or for other reasons, the issuer may redeem the preferred stock, generally </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">after an initial period of call protection in which the stock is not redeemable.</span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; line-height: 12.02pt;"> </span></div></ix:continuation> </ix:continuation> <ix:continuation id="t_25_770062a2_47b1_75a8_967e_be6b1ec7bdc9_3" continuedAt="t_25_770062a2_47b1_75a8_967e_be6b1ec7bdc9_4"> <ix:continuation id="t_63_20e49647_11d4_0b4c_4bef_5eb4ae5cf429_118" continuedAt="t_63_20e49647_11d4_0b4c_4bef_5eb4ae5cf429_119"><div style="line-height: 12.02pt; margin-top: 10.00pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;">Preferred stocks may be significantly less liquid than many other securities, such as U.S. Government securities, </span></div></ix:continuation> </ix:continuation> </div> <div style="clear: both;"></div> <div style="float: left; margin-left: 39pt; margin-top: 12pt; width: 516pt; min-height: 12pt;"> <div style="line-height: 10.02pt; text-align: center;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; line-height: 10.02pt; margin-left: 0%;">78</span></div> </div> </div> </div> <div style="float: left; margin-bottom: 5.0pt; width: 100%;"></div> <hr style="clear: both; margin: 40.0pt 0.25pt 0.25pt 0.25pt;" /></div> <div> <div><a id="xx_6f541e02-145b-4442-80b8-adf4d990b3c8_34"></a> <div style="page-break-after: always; position: relative;"> <div style="clear: both;"></div> <div style="float: left; margin-left: 39pt; margin-top: 36pt; width: 516pt; min-height: 696pt;"> <ix:continuation id="t_25_770062a2_47b1_75a8_967e_be6b1ec7bdc9_4"> <ix:continuation id="t_63_20e49647_11d4_0b4c_4bef_5eb4ae5cf429_119" continuedAt="t_63_20e49647_11d4_0b4c_4bef_5eb4ae5cf429_120"><div style="line-height: 12.02pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">corporate debt and common stock. Preferred stock has properties of both an equity and a debt instrument and is generally </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">considered a hybrid instrument.</span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; line-height: 12.02pt;"> </span></div></ix:continuation> </ix:continuation> <ix:nonNumeric name="cef:RiskTextBlock" id="t_26_c130dfc2_e25c_d7c9_4974_618356b57958" escape="true" continuedAt="t_26_c130dfc2_e25c_d7c9_4974_618356b57958_1" contextRef="I20210920_ForeignSecuritiesRiskMember"> <ix:continuation id="t_63_20e49647_11d4_0b4c_4bef_5eb4ae5cf429_120" continuedAt="t_63_20e49647_11d4_0b4c_4bef_5eb4ae5cf429_121"><div style="line-height: 12.02pt; margin-top: 9.80pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-weight: bold;">Foreign Securities Risk</span></div></ix:continuation> </ix:nonNumeric> <ix:continuation id="t_26_c130dfc2_e25c_d7c9_4974_618356b57958_1" continuedAt="t_26_c130dfc2_e25c_d7c9_4974_618356b57958_2"> <ix:continuation id="t_63_20e49647_11d4_0b4c_4bef_5eb4ae5cf429_121" continuedAt="t_63_20e49647_11d4_0b4c_4bef_5eb4ae5cf429_122"><div style="line-height: 12.02pt; margin-top: 9.80pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;">The Fund may invest up to 20% of its total assets in non-U.S. dollar denominated Income Securities of foreign issuers. </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">Investing in foreign issuers may involve certain risks not typically associated with investing in securities of U.S. issuers due to </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">increased exposure to foreign economic, </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">political and legal developments, including favorable or unfavorable changes in </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">currency exchange rates, exchange control regulations (including currency blockage), expropriation or nationalization of assets, </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">imposition of withholding taxes on payments, and possible difficulty in obtaining and enforcing judgments against foreign </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">entities. Furthermore, issuers of foreign securities and obligations are subject to different, often less comprehensive, accounting, </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">reporting and disclosure requirements than domestic issuers. The securities and obligations of some foreign companies and </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">foreign markets are less liquid and at times more volatile than comparable U.S. securities, obligations and markets. In addition, </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">such investments are subject to other adverse diplomatic investments, which may include the imposition of economic or trade </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">sanctions or other measures by the U.S. or other governments and supranational organizations or changes in trade policies. These </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">developments may, among other things, limit the ability of the Fund to invest in certain securities or require the disposition of an </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">investment. These risks may be more pronounced to the extent that the Fund invests a significant amount of its assets in </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">companies located in one region and to the extent that the Fund invests in securities of issuers in emerging markets. The Fund </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">may also invest in U.S. dollar- denominated Income Securities of foreign issuers, which are subject to many of the risks </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">described above regarding Income Securities of foreign issuers denominated in foreign currencies. These risks are heightened </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">under the current conditions.</span></div></ix:continuation> </ix:continuation> <ix:continuation id="t_26_c130dfc2_e25c_d7c9_4974_618356b57958_2" continuedAt="t_26_c130dfc2_e25c_d7c9_4974_618356b57958_3"> <ix:continuation id="t_63_20e49647_11d4_0b4c_4bef_5eb4ae5cf429_122" continuedAt="t_63_20e49647_11d4_0b4c_4bef_5eb4ae5cf429_123"><div style="line-height: 12.02pt; margin-top: 9.80pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;">There may be less publicly available information about a foreign company than a U.S. company. Foreign securities </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">markets may have substantially less volume than U.S. securities markets and some foreign company securities are less liquid </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">than securities of otherwise comparable U.S. companies. Foreign markets also have different clearance and settlement </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">procedures that could cause the Fund to encounter difficulties in purchasing and selling securities on such markets and may </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">result in the Fund missing attractive investment opportunities or experiencing a loss. In addition, a portfolio that includes foreign </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">securities can expect to have a higher expense ratio because of the increased transaction costs on non-U.S. securities markets and </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">the increased costs of maintaining the custody of foreign securities.</span></div></ix:continuation> </ix:continuation> <ix:continuation id="t_26_c130dfc2_e25c_d7c9_4974_618356b57958_3"> <ix:continuation id="t_63_20e49647_11d4_0b4c_4bef_5eb4ae5cf429_123" continuedAt="t_63_20e49647_11d4_0b4c_4bef_5eb4ae5cf429_124"><div style="line-height: 12.02pt; margin-top: 9.80pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;">ADRs are receipts issued by United States banks or trust companies in respect of securities of foreign issuers held on </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">deposit for use in the United States securities markets. While ADRs may not necessarily be denominated in the same currency as </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">the securities into which they may be converted, many of the risks associated with foreign securities may also apply to ADRs. In </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">addition, the underlying issuers of certain depositary receipts, particularly unsponsored or unregistered depositary receipts, are </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">under no obligation to distribute shareholder communications to the holders of such receipts, or to pass through to them any </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">voting rights with respect to the deposited securities.</span></div></ix:continuation> </ix:continuation> <ix:nonNumeric name="cef:RiskTextBlock" id="t_27_3379d418_8b33_1dfd_6eb9_87cf4bb503e6" escape="true" continuedAt="t_27_3379d418_8b33_1dfd_6eb9_87cf4bb503e6_1" contextRef="I20210920_EmergingMarketsRiskMember"> <ix:continuation id="t_63_20e49647_11d4_0b4c_4bef_5eb4ae5cf429_124" continuedAt="t_63_20e49647_11d4_0b4c_4bef_5eb4ae5cf429_125"><div style="line-height: 12.02pt; margin-top: 9.90pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-weight: bold;">Emerging Markets Risk</span></div></ix:continuation> </ix:nonNumeric> <ix:continuation id="t_27_3379d418_8b33_1dfd_6eb9_87cf4bb503e6_1" continuedAt="t_27_3379d418_8b33_1dfd_6eb9_87cf4bb503e6_2"> <ix:continuation id="t_63_20e49647_11d4_0b4c_4bef_5eb4ae5cf429_125" continuedAt="t_63_20e49647_11d4_0b4c_4bef_5eb4ae5cf429_126"><div style="line-height: 12.02pt; margin-top: 9.90pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;">The Fund may invest up to 10% of its total assets in Income Securities the issuers of which are located in countries </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">considered to be emerging markets. Investing in securities in emerging countries generally entails greater risks than investing in </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">securities in developed countries. Securities issued by governments or issuers in emerging market countries are more likely to </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">have greater exposure to the risks of investing in foreign securities.</span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"> These risks are elevated under current conditions and </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">include: (i) less social, political and economic stability and potentially more volatile currency exchange rates; (ii) the small </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">current size of the markets for such securities, limited access to investments in the event of market closures (including due to </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">local holidays), and the currently low or nonexistent volume of trading, which result in a lack of liquidity, in greater price </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">volatility, and/or a higher risk of failed trades or other trading issues; (iii) certain national policies which may restrict the Fund&#8217;s </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">investment opportunities, including restrictions on investment in issuers or industries deemed sensitive to national interests, and </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">trade barriers; (iv) foreign taxation; (v) the absence of developed legal systems, including structures governing private or foreign </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">investment or allowing for judicial redress (such as limits on rights and remedies available to the Fund) for investment losses and </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">injury to private property; (vi) lower levels of government regulation, which could lead to market manipulation, and less </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">extensive and transparent accounting, auditing, recordkeeping, financial reporting and other requirements which limit the </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">quality and availability of financial information; (vii) high rates of inflation for prolonged periods and rapid interest rate </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">changes; (viii) dependence on a few key trading partners and sensitivity to adverse political or social events affecting the region </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">where an emerging market is located compared to developed market securities; and (ix) particular sensitivity to global economic </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">conditions, including adverse effects stemming from recessions, depressions or other economic crises, or reliance on </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">international or other forms of aid, including trade, taxation and development policies. Furthermore, foreign investors may be </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">required to register the proceeds of sales and future economic or political crises could lead to price controls, forced mergers, </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">expropriation or confiscatory taxation, seizure, nationalization or creation of government monopolies. The currencies of </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">emerging market countries may experience significant declines against the U.S. dollar, and devaluation may occur subsequent to </span></div></ix:continuation> </ix:continuation> </div> <div style="clear: both;"></div> <div style="float: left; margin-left: 39pt; margin-top: 12pt; width: 516pt; min-height: 12pt;"> <div style="line-height: 10.02pt; text-align: center;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; line-height: 10.02pt; margin-left: 0%;">79</span></div> </div> </div> </div> <div style="float: left; margin-bottom: 5.0pt; width: 100%;"></div> <hr style="clear: both; margin: 40.0pt 0.25pt 0.25pt 0.25pt;" /></div> <div> <div><a id="xx_6f541e02-145b-4442-80b8-adf4d990b3c8_35"></a> <div style="page-break-after: always; position: relative;"> <div style="clear: both;"></div> <div style="float: left; margin-left: 39pt; margin-top: 36pt; width: 516pt; min-height: 696pt;"> <ix:continuation id="t_27_3379d418_8b33_1dfd_6eb9_87cf4bb503e6_2" continuedAt="t_27_3379d418_8b33_1dfd_6eb9_87cf4bb503e6_3"> <ix:continuation id="t_63_20e49647_11d4_0b4c_4bef_5eb4ae5cf429_126" continuedAt="t_63_20e49647_11d4_0b4c_4bef_5eb4ae5cf429_127"><div style="line-height: 12.02pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">investments in these currencies by the Fund. Inflation and rapid fluctuations in inflation rates have had, and may continue to </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">have, negative effects on the economies and securities markets of certain emerging market countries. Sovereign debt of emerging </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">countries may be in default or present a greater risk of default, the risk of which is heightened given the current conditions. </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">These risks are heightened for investments in frontier markets.</span></div></ix:continuation> </ix:continuation> <ix:continuation id="t_27_3379d418_8b33_1dfd_6eb9_87cf4bb503e6_3"> <ix:continuation id="t_63_20e49647_11d4_0b4c_4bef_5eb4ae5cf429_127" continuedAt="t_63_20e49647_11d4_0b4c_4bef_5eb4ae5cf429_128"><div style="line-height: 12.02pt; margin-top: 10.20pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;">The Sub-Adviser has broad discretion to identify countries that it considers to qualify as &#8220;emerging markets.&#8221; In </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">determining whether a country is an emerging market, the Sub-Adviser may take into account specific or general factors that the </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">Sub-Adviser deems to be relevant, including interest rates, inflation rates, exchange rates, monetary and fiscal policies, trade </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">and current account balances and/or legal, social and political developments, as well as whether the country is considered to be </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">emerging or developing by supranational organizations such as the World Bank, the United Nations or other similar entities. </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">Emerging market countries generally will include countries with low gross national product per capita and the potential for rapid </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">economic growth and are likely to be located in Africa, Asia, the Middle East, Eastern and Central Europe and Central and </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">South America. In addition, the impact of the economic and public health crisis in emerging market countries may be greater </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">due to their generally less established healthcare systems and capabilities with respect to fiscal and monetary policies, which </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">may exacerbate other pre-existing political, social and economic risks.</span></div></ix:continuation> </ix:continuation> <ix:nonNumeric name="cef:RiskTextBlock" id="t_28_22d5b4ee_8de9_192c_65c5_7663eceb9fab" escape="true" continuedAt="t_28_22d5b4ee_8de9_192c_65c5_7663eceb9fab_1" contextRef="I20210920_ForeignCurrencyRiskMember"> <ix:continuation id="t_63_20e49647_11d4_0b4c_4bef_5eb4ae5cf429_128" continuedAt="t_63_20e49647_11d4_0b4c_4bef_5eb4ae5cf429_129"><div style="line-height: 12.02pt; margin-top: 10.10pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-weight: bold;">Foreign Currency Risk</span></div></ix:continuation> </ix:nonNumeric> <ix:continuation id="t_28_22d5b4ee_8de9_192c_65c5_7663eceb9fab_1"> <ix:continuation id="t_63_20e49647_11d4_0b4c_4bef_5eb4ae5cf429_129" continuedAt="t_63_20e49647_11d4_0b4c_4bef_5eb4ae5cf429_130"><div style="line-height: 12.02pt; margin-top: 10.09pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;">The value of securities denominated or quoted in foreign currencies may be adversely affected by fluctuations in the </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">relative currency exchange rates and by exchange control regulations. The Fund&#8217;s investment performance may be negatively </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">affected by a devaluation of a currency in which the Fund&#8217;s investments are denominated or quoted. </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">Further, the Fund&#8217;s </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">investment performance may be significantly affected, either positively or negatively, by currency exchange rates because the </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">U.S. dollar value of securities denominated or quoted in another currency will increase or decrease in response to changes in the </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">value of such currency in relation to the U.S. dollar. Finally, the Fund&#8217;s distributions are paid in U.S. dollars, and to the extent the </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">Fund&#8217;s assets are denominated in currencies other than the U.S. dollar, there is a risk that the value of any distribution from such </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">assets may decrease if the currency in which such assets or distributions are denominated falls in relation to the value of the U.S. </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">dollar. The Fund currently intends to seek to hedge its exposures to foreign currencies but may, at the discretion of the </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">Investment Adviser, at any time limit or eliminate foreign currency hedging activity. To the extent the Fund does not hedge (or is </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">unsuccessful in seeking to hedge) its foreign currency risk, the value of the Fund&#8217;s assets and income could be adversely affected </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">by currency exchange rate movements.</span></div></ix:continuation> </ix:continuation> <ix:nonNumeric name="cef:RiskTextBlock" id="t_29_37e9f940_cf9e_f19e_d9ae_56b7a061611e" escape="true" continuedAt="t_29_37e9f940_cf9e_f19e_d9ae_56b7a061611e_1" contextRef="I20210920_SovereignDebtRiskMember"> <ix:continuation id="t_63_20e49647_11d4_0b4c_4bef_5eb4ae5cf429_130" continuedAt="t_63_20e49647_11d4_0b4c_4bef_5eb4ae5cf429_131"><div style="line-height: 12.02pt; margin-top: 10.10pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-weight: bold;">Sovereign Debt Risk</span></div></ix:continuation> </ix:nonNumeric> <ix:continuation id="t_29_37e9f940_cf9e_f19e_d9ae_56b7a061611e_1" continuedAt="t_29_37e9f940_cf9e_f19e_d9ae_56b7a061611e_2"> <ix:continuation id="t_63_20e49647_11d4_0b4c_4bef_5eb4ae5cf429_131" continuedAt="t_63_20e49647_11d4_0b4c_4bef_5eb4ae5cf429_132"><div style="line-height: 12.02pt; margin-top: 10.10pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;">Investments in sovereign debt securities, such as foreign government debt or foreign treasury bills, involve special risks, </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">including the availability of sufficient foreign exchange on the date a payment is due, the relative size of the debt service burden </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">to the economy as a whole, the government debtor's policy towards the International Monetary Fund or international lenders, the </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">political constraints to which the debtor may be subject and other political considerations. </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">Periods of economic and political </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">uncertainty may result in the illiquidity and increased price volatility of sovereign debt securities held by the Fund. The </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">governmental authority that controls the repayment of sovereign debt may be unwilling or unable to repay the principal and/or </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">interest when due in accordance with the terms of such securities due to the extent of its foreign reserves. If an issuer of </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">sovereign debt defaults on payments of principal and/or interest, the Fund may have limited or no legal recourse against the </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">issuer and/or guarantor. In certain cases, remedies must be pursued in the courts of the defaulting party itself. For example, there </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">may be no bankruptcy or similar proceedings through which all or part of the sovereign debt that a governmental entity has not </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">repaid may be collected. There can be no assurance that the holders of commercial bank loans to the same sovereign entity may </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">not contest payments to the holders of sovereign debt in the event of default under commercial bank loan agreements.</span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; line-height: 12.02pt;"> </span></div></ix:continuation> </ix:continuation> <ix:continuation id="t_29_37e9f940_cf9e_f19e_d9ae_56b7a061611e_2" continuedAt="t_29_37e9f940_cf9e_f19e_d9ae_56b7a061611e_3"> <ix:continuation id="t_63_20e49647_11d4_0b4c_4bef_5eb4ae5cf429_132" continuedAt="t_63_20e49647_11d4_0b4c_4bef_5eb4ae5cf429_133"><div style="line-height: 12.02pt; margin-top: 10.10pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;">Certain issuers of sovereign debt may be dependent on disbursements from foreign governments, multilateral agencies </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">and others abroad to reduce principal and interest arrearages on their debt. Such disbursements may be conditioned upon a </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">debtor&#8217;s implementation of economic reforms and/or economic performance and the timely service of such debtor&#8217;s obligations. </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">A failure on the part of the debtor to implement such reforms, achieve such levels of economic performance or repay principal </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">or interest when due may result in the cancellation of such third parties&#8217; commitments to lend funds to the debtor, which may </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">impair the debtor&#8217;s ability to service its debts on a timely basis. Foreign investment in certain sovereign debt is restricted or </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">controlled to varying degrees, including requiring governmental approval for the repatriation of income, capital or proceeds of </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">sales by foreign investors. These restrictions or controls may at times limit or preclude foreign investment in certain sovereign </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">debt and increase the costs and expenses of the Fund.</span></div></ix:continuation> </ix:continuation> <ix:continuation id="t_29_37e9f940_cf9e_f19e_d9ae_56b7a061611e_3" continuedAt="t_29_37e9f940_cf9e_f19e_d9ae_56b7a061611e_4"> <ix:continuation id="t_63_20e49647_11d4_0b4c_4bef_5eb4ae5cf429_133" continuedAt="t_63_20e49647_11d4_0b4c_4bef_5eb4ae5cf429_134"><div style="line-height: 12.02pt; margin-top: 10.10pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;">As a holder of sovereign debt, the Fund may be requested to participate in the restructuring of such sovereign </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">indebtedness, including the rescheduling of payments and the extension of further loans to debtors, which may adversely affect </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">the Fund. There can be no assurance that such restructuring will result in the repayment of all or part of the debt. Sovereign debt </span></div></ix:continuation> </ix:continuation> </div> <div style="clear: both;"></div> <div style="float: left; margin-left: 39pt; margin-top: 12pt; width: 516pt; min-height: 12pt;"> <div style="line-height: 10.02pt; text-align: center;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; line-height: 10.02pt; margin-left: 0%;">80</span></div> </div> </div> </div> <div style="float: left; margin-bottom: 5.0pt; width: 100%;"></div> <hr style="clear: both; margin: 40.0pt 0.25pt 0.25pt 0.25pt;" /></div> <div> <div><a id="xx_6f541e02-145b-4442-80b8-adf4d990b3c8_36"></a> <div style="page-break-after: always; position: relative;"> <div style="clear: both;"></div> <div style="float: left; min-height: 696pt; margin-left: 39pt; margin-top: 36pt; width: 516pt;"> <ix:continuation id="t_29_37e9f940_cf9e_f19e_d9ae_56b7a061611e_4"> <ix:continuation id="t_63_20e49647_11d4_0b4c_4bef_5eb4ae5cf429_134" continuedAt="t_63_20e49647_11d4_0b4c_4bef_5eb4ae5cf429_135"><div style="line-height: 12.02pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">risk is increased for emerging market issuers and certain emerging market countries have declared moratoria on the payment of </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">principal and interest on external debt. Certain emerging market countries have experienced difficulty in servicing their </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">sovereign debt on a timely basis, which has led to defaults and the restructuring of certain indebtedness.</span></div></ix:continuation> </ix:continuation> <ix:nonNumeric name="cef:RiskTextBlock" id="t_62_ecc7e0d1_c779_ba69_9105_9ecdd8cd0e1c" escape="true" continuedAt="t_62_ecc7e0d1_c779_ba69_9105_9ecdd8cd0e1c_1" contextRef="I20210920_UKDepartureFromEUBrexitRiskMember"> <ix:continuation id="t_63_20e49647_11d4_0b4c_4bef_5eb4ae5cf429_135" continuedAt="t_63_20e49647_11d4_0b4c_4bef_5eb4ae5cf429_136"><div style="line-height: 12.02pt; margin-top: 9.80pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-weight: bold;">UK Departure from EU (&#8220;Brexit&#8221;) Risk</span></div></ix:continuation> </ix:nonNumeric> <ix:continuation id="t_62_ecc7e0d1_c779_ba69_9105_9ecdd8cd0e1c_1" continuedAt="t_62_ecc7e0d1_c779_ba69_9105_9ecdd8cd0e1c_2"> <ix:continuation id="t_63_20e49647_11d4_0b4c_4bef_5eb4ae5cf429_136" continuedAt="t_63_20e49647_11d4_0b4c_4bef_5eb4ae5cf429_137"><div style="line-height: 12.02pt; margin-top: 9.80pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;">On January 31, 2020, the United Kingdom officially withdrew from the European Union (&#8220;EU&#8221;) and the two sides </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">entered into a transition phase, scheduled to conclude on December 31, 2020, where the United Kingdom effectively remains in </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">the EU from an economic perspective, but no longer has any political representation in the EU parliament. </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">During this transition </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">phase, which could be extended beyond December of 2020, the United Kingdom is expected to negotiate a new trade deal with </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">the EU. Due to political uncertainty, it is not possible to anticipate whether the United Kingdom and the EU will be able to agree </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">and implement a new trade agreement or what the nature of such trade arrangement will be. Throughout the withdrawal process </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">and afterward, the impact on the United Kingdom and Economic and Monetary Union and the broader global economy is </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">unknown but could be significant and could result in increased volatility and illiquidity and potentially lower economic growth. </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">The political divisions surrounding Brexit within the United Kingdom, as well as those between the UK and the EU, may also </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">have a destabilizing impact on the economy and currency of the United Kingdom and the EU. Any further exits from member </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">states of the EU, or the possibility of such exits, would likely cause additional market disruption globally and introduce new </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">legal and regulatory uncertainties.</span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; line-height: 12.02pt;"> </span></div></ix:continuation> </ix:continuation> <ix:continuation id="t_62_ecc7e0d1_c779_ba69_9105_9ecdd8cd0e1c_2"> <ix:continuation id="t_63_20e49647_11d4_0b4c_4bef_5eb4ae5cf429_137" continuedAt="t_63_20e49647_11d4_0b4c_4bef_5eb4ae5cf429_138"><div style="line-height: 12.02pt; margin-top: 9.90pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;">In addition to the effects on the Fund&#8217;s investments in European issuers, the unavoidable uncertainties and events related </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">to Brexit could negatively affect the value and liquidity of the Fund&#8217;s other investments, increase taxes and costs of business and </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">cause volatility in currency exchange rates and interest rates. Brexit could adversely affect the performance of contracts in </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">existence at the date of Brexit and European, UK or worldwide political, regulatory, economic or market conditions and could </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">contribute to instability in political institutions, regulatory agencies and financial markets. Brexit could also lead to legal </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">uncertainty and politically divergent national laws and regulations as a new relationship between the UK and EU is defined and </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">as the UK determines which EU laws to replace or replicate. In addition, Brexit could lead to further disintegration of the EU </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">and related political stresses (including those related to sentiment against cross border capital movements and activities of </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">investors like the Fund), prejudice to financial services businesses that are conducting business in the EU and which are based in </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">the UK, legal uncertainty regarding achievement of compliance with applicable financial and commercial laws and regulations </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">in view of the expected steps to be taken pursuant to or in contemplation of Brexit. Any of these effects of Brexit, and others that </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">cannot be anticipated, could adversely affect the Fund&#8217;s business, results of operations and financial condition.</span></div></ix:continuation> </ix:continuation> <ix:nonNumeric name="cef:RiskTextBlock" id="t_31_a369b3c5_09a0_bf8e_feac_7ac736a36c6f" escape="true" continuedAt="t_31_a369b3c5_09a0_bf8e_feac_7ac736a36c6f_1" contextRef="I20210920_RedenominationRiskMember"> <ix:continuation id="t_63_20e49647_11d4_0b4c_4bef_5eb4ae5cf429_138" continuedAt="t_63_20e49647_11d4_0b4c_4bef_5eb4ae5cf429_139"><div style="line-height: 12.02pt; margin-top: 9.90pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-weight: bold;">Redenomination Risk</span></div></ix:continuation> </ix:nonNumeric> <ix:continuation id="t_31_a369b3c5_09a0_bf8e_feac_7ac736a36c6f_1"> <ix:continuation id="t_63_20e49647_11d4_0b4c_4bef_5eb4ae5cf429_139" continuedAt="t_63_20e49647_11d4_0b4c_4bef_5eb4ae5cf429_140"><div style="line-height: 12.02pt; margin-top: 9.90pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;">The result of Brexit, the progression of the European debt crisis and the possibility of one or more Eurozone countries </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">exiting the European Monetary Union (&#8220;EMU&#8221;), or even the collapse of the euro as a common currency, has created significant </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">volatility in currency and financial markets generally. </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">The effects of the collapse of the euro, or of the exit of one or more </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">countries from the EMU, on the U.S. and global economies and securities markets are impossible to predict and any such events </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">could have a significant adverse impact on the value and risk profile of the Fund&#8217;s portfolio. Any partial or complete dissolution </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">of the EMU could have significant adverse effects on currency and financial markets, and on the values of the Fund&#8217;s portfolio </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">investments. If one or more EMU countries were to stop using the euro as its primary currency, the Fund&#8217;s investments in such </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">countries may be redenominated into a different or newly adopted currency. As a result, the value of those investments could </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">decline significantly and unpredictably. In addition, securities or other investments that are redenominated may be subject to </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">foreign currency risk, liquidity risk and valuation risk to a greater extent than similar investments currently denominated in </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">euros. To the extent a currency used for redenomination purposes is not specified in respect of certain EMU-related investments, </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">or should the euro cease to be used entirely, the currency in which such investments are denominated may be unclear, making </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">such investments particularly difficult to value or dispose of. The Fund may incur additional expenses to the extent it is required </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">to seek judicial or other clarification of the denomination or value of such securities.</span></div></ix:continuation> </ix:continuation> <ix:nonNumeric name="cef:RiskTextBlock" id="t_32_bcd9f059_f874_1ece_dac0_23dc24feb71e" escape="true" continuedAt="t_32_bcd9f059_f874_1ece_dac0_23dc24feb71e_1" contextRef="I20210920_CommonEquitySecuritiesRiskMember"> <ix:continuation id="t_63_20e49647_11d4_0b4c_4bef_5eb4ae5cf429_140" continuedAt="t_63_20e49647_11d4_0b4c_4bef_5eb4ae5cf429_141"><div style="line-height: 12.02pt; margin-top: 9.90pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-weight: bold;">Common Equity Securities Risk</span></div></ix:continuation> </ix:nonNumeric> <ix:continuation id="t_32_bcd9f059_f874_1ece_dac0_23dc24feb71e_1" continuedAt="t_32_bcd9f059_f874_1ece_dac0_23dc24feb71e_2"> <ix:continuation id="t_63_20e49647_11d4_0b4c_4bef_5eb4ae5cf429_141" continuedAt="t_63_20e49647_11d4_0b4c_4bef_5eb4ae5cf429_142"><div style="line-height: 12.02pt; margin-top: 9.90pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;">The Fund may invest up to 50% of its total assets in Common Equity Securities. An adverse event, such as an </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">unfavorable earnings report, may depress the value of a particular common stock held by the Fund. </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">Also, the prices of equity </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">securities are sensitive to general movements in the stock market, so a drop in the stock market may depress the prices of equity </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">securities to which the Fund has exposure. Common Equity Securities&#8217; prices fluctuate for a number of reasons, including </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">changes in investors&#8217; perceptions of the financial condition of an issuer, the general condition of the relevant stock market, and </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">broader domestic and international political and economic events. The prices of Common Equity Securities may also decline due </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">to factors which affect a particular industry or industries, such as labor shortages or increased production costs and competitive </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">conditions within an industry. The value of a particular common stock held by the Fund may decline for a number of other </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">reasons which directly relate to the issuer, such as management performance, financial leverage, the issuer&#8217;s historical and </span></div></ix:continuation> </ix:continuation> </div> <div style="clear: both;"></div> <div style="float: left; margin-left: 39pt; margin-top: 12pt; width: 516pt; min-height: 12pt;"> <div style="line-height: 10.02pt; text-align: center;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; line-height: 10.02pt; margin-left: 0%;">81</span></div> </div> </div> </div> <div style="float: left; margin-bottom: 5.0pt; width: 100%;"></div> <hr style="clear: both; margin: 40.0pt 0.25pt 0.25pt 0.25pt;" /></div> <div> <div><a id="xx_6f541e02-145b-4442-80b8-adf4d990b3c8_37"></a> <div style="page-break-after: always; position: relative;"> <div style="clear: both;"></div> <div style="float: left; min-height: 696pt; margin-left: 39pt; margin-top: 36pt; width: 516pt;"> <ix:continuation id="t_32_bcd9f059_f874_1ece_dac0_23dc24feb71e_2"> <ix:continuation id="t_63_20e49647_11d4_0b4c_4bef_5eb4ae5cf429_142" continuedAt="t_63_20e49647_11d4_0b4c_4bef_5eb4ae5cf429_143"><div style="line-height: 12.02pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">prospective earnings, the value of its assets and reduced demand for its goods and services. In addition, common stock prices </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">may be particularly sensitive to rising interest rates, as the cost of capital rises and borrowing costs increase. The prices of </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">Common Equity Securities are also sensitive to general movements in the stock market, so a drop in the stock market may </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">depress the prices of Common Equity Securities to which the Fund has exposure. At times, stock markets can be volatile and </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">stock prices can change substantially and suddenly. While broad market measures of Common Equity Securities have </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">historically generated higher average returns than Income Securities, Common Equity Securities have also experienced </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">significantly more volatility in those returns. Common Equity Securities in which the Fund may invest are structurally </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">subordinated to preferred stock, bonds and other debt instruments in a company&#8217;s capital structure in terms of priority to </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">corporate income and are therefore inherently more risky than preferred stock or debt instruments of such issuers. Dividends on </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">Common Equity Securities which the Fund may hold are not fixed but are declared at the discretion of the issuer&#8217;s board of </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">directors. There is no guarantee that the issuers of the Common Equity Securities in which the Fund invests will declare </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">dividends in the future or that, if declared, they will remain at current levels or increase over time. Equity securities have </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">experienced heightened volatility over recent periods and, therefore, the Fund's investments in equity securities are subject to </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">heightened risks related to volatility during the current environment and would likely also be subject to such risks in similar </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">market, economic and public health conditions in the future.</span></div></ix:continuation> </ix:continuation> <ix:nonNumeric id="t_33_f95431ad_1882_f327_4c31_fe540b55ccc8" continuedAt="t_33_f95431ad_1882_f327_4c31_fe540b55ccc8_1" contextRef="I20210920_RisksAssociatedWithTheFundsCoveredCallOptionStrategyAndPutOptionsMember" name="cef:RiskTextBlock" escape="true"> <ix:continuation id="t_63_20e49647_11d4_0b4c_4bef_5eb4ae5cf429_143" continuedAt="t_63_20e49647_11d4_0b4c_4bef_5eb4ae5cf429_144"><div style="line-height: 12.02pt; margin-top: 9.60pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-weight: bold;">Risks Associated with the Fund&#8217;s Covered Call Option Strategy and Put Options</span></div></ix:continuation> </ix:nonNumeric> <ix:continuation id="t_33_f95431ad_1882_f327_4c31_fe540b55ccc8_1" continuedAt="t_33_f95431ad_1882_f327_4c31_fe540b55ccc8_2"> <ix:continuation id="t_63_20e49647_11d4_0b4c_4bef_5eb4ae5cf429_144" continuedAt="t_63_20e49647_11d4_0b4c_4bef_5eb4ae5cf429_145"><div style="line-height: 12.02pt; margin-top: 9.60pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;">The ability of the Fund to achieve its investment objective is partially dependent on the successful implementation of its </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">covered call option strategy. </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">There are significant differences between the securities and options markets that could result in an </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">imperfect correlation between these markets, causing a given transaction not to achieve its objectives. A decision as to whether, </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">when and how to use options involves the exercise of skill and judgment, and even a well-conceived transaction may be </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">unsuccessful to some degree because of market behavior or unexpected events.</span></div></ix:continuation> </ix:continuation> <ix:continuation id="t_33_f95431ad_1882_f327_4c31_fe540b55ccc8_2" continuedAt="t_33_f95431ad_1882_f327_4c31_fe540b55ccc8_3"> <ix:continuation id="t_63_20e49647_11d4_0b4c_4bef_5eb4ae5cf429_145" continuedAt="t_63_20e49647_11d4_0b4c_4bef_5eb4ae5cf429_146"><div style="line-height: 12.02pt; margin-top: 9.61pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;">The Fund may write call options on individual securities, securities indices, exchange-traded funds (&#8220;ETFs&#8221;) and baskets </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">of securities. The buyer of an option acquires the right, but not the obligation, to buy (a call option) or sell (a put option) a </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">certain quantity of a security (the underlying security) or instrument, including a futures contract or swap, at a certain price up to </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">a specified point in time or on expiration, depending on the terms. The seller or writer of an option is obligated to sell (a call </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">option) or buy (a put option) the underlying instrument. A call option is &#8220;covered&#8221; if the Fund owns the security or instrument </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">underlying the call or has an absolute right to acquire the security or instrument without additional cash consideration (or, if </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">additional cash consideration is required under current regulatory requirements, cash or cash equivalents in such amount are </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">segregated by the Fund&#8217;s custodian or earmarked on the Fund&#8217;s books and records). As a seller of covered call options, the Fund </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">faces the risk that it will forgo the opportunity to profit from increases in the market value of the security or instrument covering </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">the call option during an option&#8217;s life. As the Fund writes covered calls over more of its portfolio, its ability to benefit from </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">capital appreciation becomes more limited. For certain types of options, the writer of the option will have no control over the </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">time when it may be required to fulfill its obligation under the option.</span></div></ix:continuation> </ix:continuation> <ix:continuation id="t_33_f95431ad_1882_f327_4c31_fe540b55ccc8_3" continuedAt="t_33_f95431ad_1882_f327_4c31_fe540b55ccc8_4"> <ix:continuation id="t_63_20e49647_11d4_0b4c_4bef_5eb4ae5cf429_146" continuedAt="t_63_20e49647_11d4_0b4c_4bef_5eb4ae5cf429_147"><div style="line-height: 12.02pt; margin-top: 9.60pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;">There can be no assurance that a liquid market will exist if and when the Fund seeks to close out an option position. Once </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">an option writer has received an exercise notice, it cannot effect a closing purchase transaction in order to terminate its </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">obligation under the option and must deliver the underlying security or instrument at the exercise price.</span></div></ix:continuation> </ix:continuation> <ix:continuation id="t_33_f95431ad_1882_f327_4c31_fe540b55ccc8_4" continuedAt="t_33_f95431ad_1882_f327_4c31_fe540b55ccc8_5"> <ix:continuation id="t_63_20e49647_11d4_0b4c_4bef_5eb4ae5cf429_147" continuedAt="t_63_20e49647_11d4_0b4c_4bef_5eb4ae5cf429_148"><div style="line-height: 12.02pt; margin-top: 9.60pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;">The Fund may also purchase and write exchange-listed and OTC options. Options written by the Fund with respect to </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">non-U.S. securities, indices or sectors and other instruments generally will be OTC options. OTC options differ from exchange-listed</span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"> options in several respects. They are transacted directly with the dealers and not with a clearing corporation, and therefore </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">entail the risk of non-performance by the dealer. OTC options are available for a greater variety of securities and for a wider </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">range of expiration dates and exercise prices than are available for exchange-traded options. Because OTC options are not traded </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">on an exchange, pricing is done normally by reference to information from a market maker. OTC options are subject to </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">heightened counterparty, credit, liquidity and valuation risks. The Fund&#8217;s ability to terminate OTC options is more limited than </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">with exchange-traded options and may involve the risk that broker-dealers participating in such transactions will not fulfill their </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">obligations. The hours of trading for options may not conform to the hours during which the underlying securities are traded. </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">The Fund&#8217;s options transactions will be subject to limitations established by each of the exchanges, boards of trade or other </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">trading facilities on which such options are traded.</span></div></ix:continuation> </ix:continuation> <ix:continuation id="t_33_f95431ad_1882_f327_4c31_fe540b55ccc8_5"> <ix:continuation id="t_63_20e49647_11d4_0b4c_4bef_5eb4ae5cf429_148" continuedAt="t_63_20e49647_11d4_0b4c_4bef_5eb4ae5cf429_149"><div style="line-height: 12.02pt; margin-top: 9.70pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;">The Fund may also purchase and write covered put options. A put option is &#8220;covered&#8221; if the Fund segregates cash or cash </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">equivalents in an amount equal to the exercise price. As a seller of covered put options, the Fund bears the risk of loss if the </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">value of the underlying security or instrument declines below the exercise price minus the put premium. If the option is </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">exercised, the Fund could incur a loss if it is required to purchase the security or instrument underlying the put option at a price </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">greater than the market price of the security or instrument at the time of exercise plus the put premium the Fund received when it </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">wrote the option. The Fund&#8217;s potential gain in writing a covered put option is limited to distributions earned on the liquid assets </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">securing the put option plus the premium received from the purchaser of the put option; however, the Fund risks a loss equal to </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">the entire exercise price of the option minus the put premium.</span></div></ix:continuation> </ix:continuation> </div> <div style="clear: both;"></div> <div style="float: left; margin-left: 39pt; margin-top: 12pt; width: 516pt; min-height: 12pt;"> <div style="line-height: 10.02pt; text-align: center;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; line-height: 10.02pt; margin-left: 0%;">82</span></div> </div> </div> </div> <div style="float: left; margin-bottom: 5.0pt; width: 100%;"></div> <hr style="clear: both; margin: 40.0pt 0.25pt 0.25pt 0.25pt;" /></div> <div> <div><a id="xx_6f541e02-145b-4442-80b8-adf4d990b3c8_38"></a> <div style="page-break-after: always; position: relative;"> <div style="clear: both;"></div> <div style="float: left; min-height: 696pt; margin-left: 39pt; margin-top: 36pt; width: 516pt;"> <ix:nonNumeric name="cef:RiskTextBlock" id="t_34_4fb4987d_3558_4e71_bedb_42d8f9d060b4" escape="true" continuedAt="t_34_4fb4987d_3558_4e71_bedb_42d8f9d060b4_1" contextRef="I20210920_RisksOfRealPropertyAssetCompaniesMember"> <ix:continuation id="t_63_20e49647_11d4_0b4c_4bef_5eb4ae5cf429_149" continuedAt="t_63_20e49647_11d4_0b4c_4bef_5eb4ae5cf429_150"><div style="line-height: 12.02pt; margin-top: 10pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-weight: bold;">Risks of Real Property Asset Companies</span></div></ix:continuation> </ix:nonNumeric> <ix:continuation id="t_34_4fb4987d_3558_4e71_bedb_42d8f9d060b4_1" continuedAt="t_34_4fb4987d_3558_4e71_bedb_42d8f9d060b4_2"> <ix:continuation id="t_63_20e49647_11d4_0b4c_4bef_5eb4ae5cf429_150" continuedAt="t_63_20e49647_11d4_0b4c_4bef_5eb4ae5cf429_151"><div style="line-height: 12.02pt; margin-top: 9.90pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;">The Fund may invest in Income Securities and Common Equity Securities issued by Real Property Asset Companies.</span></div></ix:continuation> </ix:continuation> <ix:continuation id="t_34_4fb4987d_3558_4e71_bedb_42d8f9d060b4_2" continuedAt="t_34_4fb4987d_3558_4e71_bedb_42d8f9d060b4_3"> <ix:continuation id="t_63_20e49647_11d4_0b4c_4bef_5eb4ae5cf429_151" continuedAt="t_63_20e49647_11d4_0b4c_4bef_5eb4ae5cf429_152"><div style="line-height: 12.02pt; margin-top: 9.90pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-style: italic; margin-left: 29pt;">Real Estate Risks</span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">. Because of the Fund&#8217;s ability to make indirect investments in real estate and in the securities of </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">companies in the real estate industry, it is subject to risks associated with the direct ownership of real estate. These risks include:</span></div></ix:continuation> </ix:continuation> <ix:continuation id="t_63_20e49647_11d4_0b4c_4bef_5eb4ae5cf429_152" continuedAt="t_63_20e49647_11d4_0b4c_4bef_5eb4ae5cf429_153"><ix:continuation id="t_34_4fb4987d_3558_4e71_bedb_42d8f9d060b4_3" continuedAt="t_34_4fb4987d_3558_4e71_bedb_42d8f9d060b4_4"> <div> <div style="clear: both; margin-top: 9.90pt; position: relative; width: 100%;"> <div style="float: left; line-height: 12.02pt; text-align: left; width: 3.51pt;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">&#8226;</span></div> <div style="float: left; line-height: 12.02pt; margin-left: 25.49pt; text-align: left; width: 482.00pt;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">declines in the value of real estate;</span></div> </div> <div style="clear: both; position: relative;"></div> </div> </ix:continuation></ix:continuation> <ix:continuation id="t_34_4fb4987d_3558_4e71_bedb_42d8f9d060b4_4" continuedAt="t_34_4fb4987d_3558_4e71_bedb_42d8f9d060b4_5"> <ix:continuation id="t_63_20e49647_11d4_0b4c_4bef_5eb4ae5cf429_153" continuedAt="t_63_20e49647_11d4_0b4c_4bef_5eb4ae5cf429_154"><div> <div style="clear: both; margin-top: 9.90pt; position: relative; width: 100%;"> <div style="float: left; line-height: 12.02pt; text-align: left; width: 3.51pt;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">&#8226;</span></div> <div style="float: left; line-height: 12.02pt; margin-left: 25.49pt; text-align: left; width: 482.00pt;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">general and local economic conditions;</span></div> </div> <div style="clear: both; position: relative;"></div> </div></ix:continuation> </ix:continuation> <ix:continuation id="t_34_4fb4987d_3558_4e71_bedb_42d8f9d060b4_5" continuedAt="t_34_4fb4987d_3558_4e71_bedb_42d8f9d060b4_6"> <ix:continuation id="t_63_20e49647_11d4_0b4c_4bef_5eb4ae5cf429_154" continuedAt="t_63_20e49647_11d4_0b4c_4bef_5eb4ae5cf429_155"><div> <div style="clear: both; margin-top: 9.90pt; position: relative; width: 100%;"> <div style="float: left; line-height: 12.02pt; text-align: left; width: 3.51pt;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">&#8226;</span></div> <div style="float: left; line-height: 12.02pt; margin-left: 25.49pt; text-align: left; width: 482.00pt;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">unavailability of mortgage funds;</span></div> </div> <div style="clear: both; position: relative;"></div> </div></ix:continuation> </ix:continuation> <ix:continuation id="t_34_4fb4987d_3558_4e71_bedb_42d8f9d060b4_6" continuedAt="t_34_4fb4987d_3558_4e71_bedb_42d8f9d060b4_7"> <ix:continuation id="t_63_20e49647_11d4_0b4c_4bef_5eb4ae5cf429_155" continuedAt="t_63_20e49647_11d4_0b4c_4bef_5eb4ae5cf429_156"><div> <div style="clear: both; margin-top: 9.90pt; position: relative; width: 100%;"> <div style="float: left; line-height: 12.02pt; text-align: left; width: 3.51pt;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">&#8226;</span></div> <div style="float: left; line-height: 12.02pt; margin-left: 25.49pt; text-align: left; width: 482.00pt;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">overbuilding;</span></div> </div> <div style="clear: both; position: relative;"></div> </div></ix:continuation> </ix:continuation> <ix:continuation id="t_34_4fb4987d_3558_4e71_bedb_42d8f9d060b4_7" continuedAt="t_34_4fb4987d_3558_4e71_bedb_42d8f9d060b4_8"> <ix:continuation id="t_63_20e49647_11d4_0b4c_4bef_5eb4ae5cf429_156" continuedAt="t_63_20e49647_11d4_0b4c_4bef_5eb4ae5cf429_157"><div> <div style="clear: both; margin-top: 9.90pt; position: relative; width: 100%;"> <div style="float: left; line-height: 12.02pt; text-align: left; width: 3.51pt;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">&#8226;</span></div> <div style="float: left; line-height: 12.02pt; margin-left: 25.49pt; text-align: left; width: 482.00pt;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">extended vacancies of properties;</span></div> </div> <div style="clear: both; position: relative;"></div> </div></ix:continuation> </ix:continuation> <ix:continuation id="t_34_4fb4987d_3558_4e71_bedb_42d8f9d060b4_8" continuedAt="t_34_4fb4987d_3558_4e71_bedb_42d8f9d060b4_9"> <ix:continuation id="t_63_20e49647_11d4_0b4c_4bef_5eb4ae5cf429_157" continuedAt="t_63_20e49647_11d4_0b4c_4bef_5eb4ae5cf429_158"><div> <div style="clear: both; margin-top: 9.90pt; position: relative; width: 100%;"> <div style="float: left; line-height: 12.02pt; text-align: left; width: 3.51pt;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">&#8226;</span></div> <div style="float: left; line-height: 12.02pt; margin-left: 25.49pt; text-align: left; width: 482.00pt;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">increased competition;</span></div> </div> <div style="clear: both; position: relative;"></div> </div></ix:continuation> </ix:continuation> <ix:continuation id="t_34_4fb4987d_3558_4e71_bedb_42d8f9d060b4_9" continuedAt="t_34_4fb4987d_3558_4e71_bedb_42d8f9d060b4_10"> <ix:continuation id="t_63_20e49647_11d4_0b4c_4bef_5eb4ae5cf429_158" continuedAt="t_63_20e49647_11d4_0b4c_4bef_5eb4ae5cf429_159"><div> <div style="clear: both; margin-top: 9.90pt; position: relative; width: 100%;"> <div style="float: left; line-height: 12.02pt; text-align: left; width: 3.51pt;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">&#8226;</span></div> <div style="float: left; line-height: 12.02pt; margin-left: 25.49pt; text-align: left; width: 482.00pt;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">increases in property taxes and operating expenses;</span></div> </div> <div style="clear: both; position: relative;"></div> </div></ix:continuation> </ix:continuation> <ix:continuation id="t_34_4fb4987d_3558_4e71_bedb_42d8f9d060b4_10" continuedAt="t_34_4fb4987d_3558_4e71_bedb_42d8f9d060b4_11"> <ix:continuation id="t_63_20e49647_11d4_0b4c_4bef_5eb4ae5cf429_159" continuedAt="t_63_20e49647_11d4_0b4c_4bef_5eb4ae5cf429_160"><div> <div style="clear: both; margin-top: 9.91pt; position: relative; width: 100%;"> <div style="float: left; line-height: 12.02pt; text-align: left; width: 3.51pt;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">&#8226;</span></div> <div style="float: left; line-height: 12.02pt; margin-left: 25.49pt; text-align: left; width: 482.00pt;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">changes in zoning laws;</span></div> </div> <div style="clear: both; position: relative;"></div> </div></ix:continuation> </ix:continuation> <ix:continuation id="t_34_4fb4987d_3558_4e71_bedb_42d8f9d060b4_11" continuedAt="t_34_4fb4987d_3558_4e71_bedb_42d8f9d060b4_12"> <ix:continuation id="t_63_20e49647_11d4_0b4c_4bef_5eb4ae5cf429_160" continuedAt="t_63_20e49647_11d4_0b4c_4bef_5eb4ae5cf429_161"><div> <div style="clear: both; margin-top: 9.90pt; position: relative; width: 100%;"> <div style="float: left; line-height: 12.02pt; text-align: left; width: 3.51pt;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">&#8226;</span></div> <div style="float: left; line-height: 12.02pt; margin-left: 25.49pt; text-align: left; width: 482.00pt;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">losses due to costs of cleaning up environmental problems and contamination;</span></div> </div> <div style="clear: both; position: relative;"></div> </div></ix:continuation> </ix:continuation> <ix:continuation id="t_34_4fb4987d_3558_4e71_bedb_42d8f9d060b4_12" continuedAt="t_34_4fb4987d_3558_4e71_bedb_42d8f9d060b4_13"> <ix:continuation id="t_63_20e49647_11d4_0b4c_4bef_5eb4ae5cf429_161" continuedAt="t_63_20e49647_11d4_0b4c_4bef_5eb4ae5cf429_162"><div> <div style="clear: both; margin-top: 9.90pt; position: relative; width: 100%;"> <div style="float: left; line-height: 12.02pt; text-align: left; width: 3.51pt;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">&#8226;</span></div> <div style="float: left; line-height: 12.02pt; margin-left: 25.49pt; text-align: left; width: 482.00pt;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">limitations on, or unavailability of, insurance on economic terms;</span></div> </div> <div style="clear: both; position: relative;"></div> </div></ix:continuation> </ix:continuation> <ix:continuation id="t_34_4fb4987d_3558_4e71_bedb_42d8f9d060b4_13" continuedAt="t_34_4fb4987d_3558_4e71_bedb_42d8f9d060b4_14"> <ix:continuation id="t_63_20e49647_11d4_0b4c_4bef_5eb4ae5cf429_162" continuedAt="t_63_20e49647_11d4_0b4c_4bef_5eb4ae5cf429_163"><div> <div style="clear: both; margin-top: 9.90pt; position: relative; width: 100%;"> <div style="float: left; line-height: 12.02pt; text-align: left; width: 3.51pt;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">&#8226;</span></div> <div style="float: left; line-height: 12.02pt; margin-left: 25.49pt; text-align: left; width: 482.00pt;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">liability to third parties for damages resulting from environmental problems;</span></div> </div> <div style="clear: both; position: relative;"></div> </div></ix:continuation> </ix:continuation> <ix:continuation id="t_34_4fb4987d_3558_4e71_bedb_42d8f9d060b4_14" continuedAt="t_34_4fb4987d_3558_4e71_bedb_42d8f9d060b4_15"> <ix:continuation id="t_63_20e49647_11d4_0b4c_4bef_5eb4ae5cf429_163" continuedAt="t_63_20e49647_11d4_0b4c_4bef_5eb4ae5cf429_164"><div> <div style="clear: both; margin-top: 9.90pt; position: relative; width: 100%;"> <div style="float: left; line-height: 12.02pt; text-align: left; width: 3.51pt;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">&#8226;</span></div> <div style="float: left; line-height: 12.02pt; margin-left: 25.49pt; text-align: left; width: 482.00pt;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">casualty or condemnation losses;</span></div> </div> <div style="clear: both; position: relative;"></div> </div></ix:continuation> </ix:continuation> <ix:continuation id="t_34_4fb4987d_3558_4e71_bedb_42d8f9d060b4_15" continuedAt="t_34_4fb4987d_3558_4e71_bedb_42d8f9d060b4_16"> <ix:continuation id="t_63_20e49647_11d4_0b4c_4bef_5eb4ae5cf429_164" continuedAt="t_63_20e49647_11d4_0b4c_4bef_5eb4ae5cf429_165"><div> <div style="clear: both; margin-top: 9.90pt; position: relative; width: 100%;"> <div style="float: left; line-height: 12.02pt; text-align: left; width: 3.51pt;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">&#8226;</span></div> <div style="float: left; line-height: 12.02pt; margin-left: 25.49pt; text-align: left; width: 482.00pt;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">limitations on rents;</span></div> </div> <div style="clear: both; position: relative;"></div> </div></ix:continuation> </ix:continuation> <ix:continuation id="t_34_4fb4987d_3558_4e71_bedb_42d8f9d060b4_16" continuedAt="t_34_4fb4987d_3558_4e71_bedb_42d8f9d060b4_17"> <ix:continuation id="t_63_20e49647_11d4_0b4c_4bef_5eb4ae5cf429_165" continuedAt="t_63_20e49647_11d4_0b4c_4bef_5eb4ae5cf429_166"><div> <div style="clear: both; margin-top: 9.90pt; position: relative; width: 100%;"> <div style="float: left; line-height: 12.02pt; text-align: left; width: 3.51pt;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">&#8226;</span></div> <div style="float: left; line-height: 12.02pt; margin-left: 25.49pt; text-align: left; width: 482.00pt;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">changes in neighborhood values and the appeal of properties to tenants;</span></div> </div> <div style="clear: both; position: relative;"></div> </div></ix:continuation> </ix:continuation> <ix:continuation id="t_34_4fb4987d_3558_4e71_bedb_42d8f9d060b4_17" continuedAt="t_34_4fb4987d_3558_4e71_bedb_42d8f9d060b4_18"> <ix:continuation id="t_63_20e49647_11d4_0b4c_4bef_5eb4ae5cf429_166" continuedAt="t_63_20e49647_11d4_0b4c_4bef_5eb4ae5cf429_167"><div> <div style="clear: both; margin-top: 9.90pt; position: relative; width: 100%;"> <div style="float: left; line-height: 12.02pt; text-align: left; width: 3.51pt;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">&#8226;</span></div> <div style="float: left; line-height: 12.02pt; margin-left: 25.49pt; text-align: justify; width: 482.00pt;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">changes in valuation due to the impact of terrorist incidents on a particular property or area, or on a segment of the </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">economy; and</span></div> </div> <div style="clear: both; position: relative;"></div> </div></ix:continuation> </ix:continuation> <ix:continuation id="t_34_4fb4987d_3558_4e71_bedb_42d8f9d060b4_18" continuedAt="t_34_4fb4987d_3558_4e71_bedb_42d8f9d060b4_19"> <ix:continuation id="t_63_20e49647_11d4_0b4c_4bef_5eb4ae5cf429_167" continuedAt="t_63_20e49647_11d4_0b4c_4bef_5eb4ae5cf429_168"><div> <div style="clear: both; margin-top: 10.00pt; position: relative; width: 100%;"> <div style="float: left; line-height: 12.02pt; text-align: left; width: 3.51pt;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">&#8226;</span></div> <div style="float: left; line-height: 12.02pt; margin-left: 25.49pt; text-align: left; width: 482.00pt;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">changes in interest rates.</span></div> </div> <div style="clear: both; position: relative;"></div> </div></ix:continuation> </ix:continuation> <ix:continuation id="t_34_4fb4987d_3558_4e71_bedb_42d8f9d060b4_19" continuedAt="t_34_4fb4987d_3558_4e71_bedb_42d8f9d060b4_20"> <ix:continuation id="t_63_20e49647_11d4_0b4c_4bef_5eb4ae5cf429_168" continuedAt="t_63_20e49647_11d4_0b4c_4bef_5eb4ae5cf429_169"><div style="line-height: 12.02pt; margin-top: 10.00pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-style: italic; margin-left: 29pt;">National Resources and Commodities Risks</span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">. Because of the Fund&#8217;s ability to make indirect investments in natural </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">resources and physical commodities, and in Real Property Asset Companies engaged in oil and gas exploration and production, </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">gold and other precious metals, steel and iron ore production, energy services, forest products, chemicals, coal, alternative </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">energy sources and environmental services, as well as related transportation companies and equipment manufacturers, the Fund </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">is subject to risks associated with special risks, which include:</span></div></ix:continuation> </ix:continuation> <ix:continuation id="t_34_4fb4987d_3558_4e71_bedb_42d8f9d060b4_20" continuedAt="t_34_4fb4987d_3558_4e71_bedb_42d8f9d060b4_21"> <ix:continuation id="t_63_20e49647_11d4_0b4c_4bef_5eb4ae5cf429_169" continuedAt="t_63_20e49647_11d4_0b4c_4bef_5eb4ae5cf429_170"><div style="line-height: 12.02pt; margin-left: 31pt; margin-top: 10.00pt; text-align: justify;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.00%; text-decoration: underline;">Supply and Demand Risk</span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">. A decrease in the production of a physical commodity or a decrease in the volume of such </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">commodity available for transportation, mining, processing, storage or distribution may adversely impact the financial </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">performance of an energy, natural resources, basic materials or an associated company that devotes a portion of its </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">business to that commodity. Production declines and volume decreases could be caused by various factors, including </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">catastrophic events affecting production, depletion of resources, labor difficulties, environmental proceedings, increased </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">regulations, equipment failures and unexpected maintenance problems, import supply disruption, governmental </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">expropriation, political upheaval or conflicts or increased competition from alternative energy sources or commodity </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">prices. Alternatively, a sustained decline in demand for such commodities could also adversely affect the financial </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">performance of energy, natural resources, basic materials or associated companies. Factors that could lead to a decline in </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">demand include economic recession or other adverse economic conditions, higher taxes on commodities or increased </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">governmental regulations, increases in fuel economy, consumer shifts to the use of alternative commodities or fuel </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">sources, changes in commodity prices, or weather.</span></div></ix:continuation> </ix:continuation> <ix:continuation id="t_34_4fb4987d_3558_4e71_bedb_42d8f9d060b4_21" continuedAt="t_34_4fb4987d_3558_4e71_bedb_42d8f9d060b4_22"> <ix:continuation id="t_63_20e49647_11d4_0b4c_4bef_5eb4ae5cf429_170" continuedAt="t_63_20e49647_11d4_0b4c_4bef_5eb4ae5cf429_171"><div style="line-height: 12.02pt; margin-left: 31pt; margin-top: 10.00pt; text-align: justify;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.00%; text-decoration: underline;">Depletion and Exploration Risk</span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">. Many energy, natural resources, basic materials and associated companies are engaged </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">in the production of one or more physical commodities or are engaged in transporting, storing, distributing and </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">processing these items on behalf of shippers. To maintain or grow their revenues, these companies or their customers </span></div></ix:continuation> </ix:continuation> </div> <div style="clear: both;"></div> <div style="float: left; margin-left: 39pt; margin-top: 12pt; width: 516pt; min-height: 12pt;"> <div style="line-height: 10.02pt; text-align: center;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; line-height: 10.02pt; margin-left: 0%;">83</span></div> </div> </div> </div> <div style="float: left; margin-bottom: 5.0pt; width: 100%;"></div> <hr style="clear: both; margin: 40.0pt 0.25pt 0.25pt 0.25pt;" /></div> <div> <div><a id="xx_6f541e02-145b-4442-80b8-adf4d990b3c8_39"></a> <div style="page-break-after: always; position: relative;"> <div style="clear: both;"></div> <div style="float: left; margin-left: 39pt; margin-top: 36pt; width: 516pt; min-height: 696pt;"> <ix:continuation id="t_34_4fb4987d_3558_4e71_bedb_42d8f9d060b4_22" continuedAt="t_34_4fb4987d_3558_4e71_bedb_42d8f9d060b4_23"> <ix:continuation id="t_63_20e49647_11d4_0b4c_4bef_5eb4ae5cf429_171" continuedAt="t_63_20e49647_11d4_0b4c_4bef_5eb4ae5cf429_172"><div style="line-height: 12.02pt; margin-left: 31pt; text-align: justify;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.00%;">need to maintain or expand their reserves through exploration of new sources of supply, through the development of </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">existing sources, through acquisitions or through long-term contracts to acquire reserves. The financial performance of </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">energy, natural resources, basic materials and associated companies may be adversely affected if they, or the companies </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">to whom they provide the service, are unable to cost-effectively acquire additional reserves sufficient to replace the </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">natural decline.</span></div></ix:continuation> </ix:continuation> <ix:continuation id="t_34_4fb4987d_3558_4e71_bedb_42d8f9d060b4_23" continuedAt="t_34_4fb4987d_3558_4e71_bedb_42d8f9d060b4_24"> <ix:continuation id="t_63_20e49647_11d4_0b4c_4bef_5eb4ae5cf429_172" continuedAt="t_63_20e49647_11d4_0b4c_4bef_5eb4ae5cf429_173"><div style="line-height: 12.02pt; margin-left: 31pt; margin-top: 10.19pt; text-align: justify;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.00%; text-decoration: underline;">Operational and Geological Risk</span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">. Energy, natural resources, basic materials companies and associated companies are </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">subject to specific operational and geological risks in addition to normal business and management risks. Some examples </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">of operational risks include mine rock falls, underground explosions and pit wall failures. Geological risk would include </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">faulting of the ore body and misinterpretation of geotechnical data.</span></div></ix:continuation> </ix:continuation> <ix:continuation id="t_34_4fb4987d_3558_4e71_bedb_42d8f9d060b4_24" continuedAt="t_34_4fb4987d_3558_4e71_bedb_42d8f9d060b4_25"> <ix:continuation id="t_63_20e49647_11d4_0b4c_4bef_5eb4ae5cf429_173" continuedAt="t_63_20e49647_11d4_0b4c_4bef_5eb4ae5cf429_174"><div style="line-height: 12.02pt; margin-left: 31pt; margin-top: 10.20pt; text-align: justify;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.00%; text-decoration: underline;">Regulatory Risk</span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">. Energy, natural resources, basic materials and associated companies are subject to significant federal, </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">state and local government regulation in virtually every aspect of their operations, including how facilities are </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">constructed, maintained and operated, environmental and safety controls, and the prices they may charge for the products </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">and services they provide. Various governmental authorities have the power to enforce compliance with these regulations </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">and the permits issued under them, and violators are subject to administrative, civil and criminal penalties, including civil </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">fines, injunctions or both. Stricter laws, regulations or enforcement policies could be enacted in the future which would </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">likely increase compliance costs and may adversely affect the operations and financial performance of energy, natural </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">resources and basic materials companies.</span></div></ix:continuation> </ix:continuation> <ix:continuation id="t_34_4fb4987d_3558_4e71_bedb_42d8f9d060b4_25" continuedAt="t_34_4fb4987d_3558_4e71_bedb_42d8f9d060b4_26"> <ix:continuation id="t_63_20e49647_11d4_0b4c_4bef_5eb4ae5cf429_174" continuedAt="t_63_20e49647_11d4_0b4c_4bef_5eb4ae5cf429_175"><div style="line-height: 12.02pt; margin-left: 31pt; margin-top: 10.20pt; text-align: justify;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.00%; text-decoration: underline;">Commodity Pricing Risk</span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">. The operations and financial performance of energy, natural resources and basic materials </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">companies may be directly affected by commodity prices, especially those energy, natural resources, basic materials and </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">associated companies that own the underlying commodity. Commodity prices fluctuate for several reasons, including </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">changes in market and economic conditions, the impact of weather on demand, levels of domestic production and </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">imported commodities, energy conservation, domestic and foreign governmental regulation and taxation, the availability </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">of local, intrastate and interstate transportation systems, governmental expropriation and political upheaval and conflicts. </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">Volatility of commodity prices, which may lead to a reduction in production or supply, may also negatively impact the </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">performance of energy, natural resources, basic materials and associated companies that are solely involved in the </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">transportation, processing, storing, distribution or marketing of commodities. Volatility of commodity prices may also </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">make it more difficult for energy, natural resources, basic materials and associated companies to raise capital to the extent </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">the market perceives that their performance may be directly or indirectly tied to commodity prices.</span></div></ix:continuation> </ix:continuation> <ix:continuation id="t_34_4fb4987d_3558_4e71_bedb_42d8f9d060b4_26"> <ix:continuation id="t_63_20e49647_11d4_0b4c_4bef_5eb4ae5cf429_175" continuedAt="t_63_20e49647_11d4_0b4c_4bef_5eb4ae5cf429_176"><div style="line-height: 12.02pt; margin-left: 31pt; margin-top: 10.20pt; text-align: justify;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.00%; text-decoration: underline;">Precious Metals Pricing Risk</span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">. The Fund may invest in companies that have a material exposure to precious metals, such </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">as gold, silver and platinum and precious metals related instruments and securities. The price of precious metals can </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">fluctuate widely and is affected by numerous factors beyond the Fund&#8217;s control including: global or regional political, </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">economic or financial events and situations; investors&#8217; expectations with respect to the future rates of inflation and </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">movements in world equity, financial and property markets; global supply and demand for specific precious metals, </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">which is influenced by such factors as mine production and net forward selling activities by precious metals producers, </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">central bank purchases and sales, jewelry demand and the supply of recycled jewelry, net investment demand and </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">industrial demand, net of recycling; interest rates and currency exchange rates, particularly the strength of and confidence </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">in the U.S. dollar; and investment and trading activities of hedge funds, commodity funds and other speculators. The </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">Fund does not intend to hold physical precious metals.</span></div></ix:continuation> </ix:continuation> <ix:nonNumeric name="cef:RiskTextBlock" id="t_35_3ebfb9e6_236c_ffec_0482_fc38a10f2892" escape="true" continuedAt="t_35_3ebfb9e6_236c_ffec_0482_fc38a10f2892_1" contextRef="I20210920_RisksOfPersonalPropertyAssetCompaniesMember"> <ix:continuation id="t_63_20e49647_11d4_0b4c_4bef_5eb4ae5cf429_176" continuedAt="t_63_20e49647_11d4_0b4c_4bef_5eb4ae5cf429_177"><div style="line-height: 12.02pt; margin-top: 10.10pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-weight: bold;">Risks of Personal Property Asset Companies</span></div></ix:continuation> </ix:nonNumeric> <ix:continuation id="t_35_3ebfb9e6_236c_ffec_0482_fc38a10f2892_1" continuedAt="t_35_3ebfb9e6_236c_ffec_0482_fc38a10f2892_2"> <ix:continuation id="t_63_20e49647_11d4_0b4c_4bef_5eb4ae5cf429_177" continuedAt="t_63_20e49647_11d4_0b4c_4bef_5eb4ae5cf429_178"><div style="line-height: 12.02pt; margin-top: 10.10pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;">The Fund may invest in Income Securities and Common Equity Securities issued by Personal Property Asset Companies. </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">Personal (as opposed to real) property includes any tangible, movable property or asset. </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">The Fund will typically seek to invest in </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">Income Securities and Common Equity Securities of Personal Property Asset Companies that are associated with personal </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">property assets with investment performance that is not highly correlated with traditional market indexes, such as special </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">situation transportation assets (e.g., railcars, airplanes and ships) and collectibles (e.g., antiques, wine and fine art).</span></div></ix:continuation> </ix:continuation> <ix:continuation id="t_35_3ebfb9e6_236c_ffec_0482_fc38a10f2892_2" continuedAt="t_35_3ebfb9e6_236c_ffec_0482_fc38a10f2892_3"> <ix:continuation id="t_63_20e49647_11d4_0b4c_4bef_5eb4ae5cf429_178" continuedAt="t_63_20e49647_11d4_0b4c_4bef_5eb4ae5cf429_179"><div style="line-height: 12.02pt; margin-top: 10.10pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-style: italic; margin-left: 29pt;">Special Situation Transportation Assets Risks</span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">. The risks of special situation transportation assets include:</span></div></ix:continuation> </ix:continuation> <ix:continuation id="t_63_20e49647_11d4_0b4c_4bef_5eb4ae5cf429_179" continuedAt="t_63_20e49647_11d4_0b4c_4bef_5eb4ae5cf429_180"><ix:continuation id="t_35_3ebfb9e6_236c_ffec_0482_fc38a10f2892_3" continuedAt="t_35_3ebfb9e6_236c_ffec_0482_fc38a10f2892_4"> <div style="line-height: 12.02pt; margin-left: 31pt; margin-top: 10.10pt; text-align: justify;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.00%; text-decoration: underline;">Cyclicality of Supply and Demand for Transportation Assets Risk</span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">. The transportation asset leasing and sales industry has </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">periodically experienced cycles of oversupply and undersupply of railcars, aircraft and ships. </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">The oversupply of a specific </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">type of transportation asset in the market is likely to depress the values of that type of transportation asset. The supply </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">and demand of transportation assets is affected by various cyclical factors that are not under the Fund&#8217;s control, </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">including: (i) passenger and cargo demand; (ii) commercial demand for certain types of transportation assets, (iii) fuel </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">costs and general economic conditions affecting lessees&#8217; operations; (iv) government regulation, including operating </span></div> </ix:continuation></ix:continuation> </div> <div style="clear: both;"></div> <div style="float: left; margin-left: 39pt; margin-top: 12pt; width: 516pt; min-height: 12pt;"> <div style="line-height: 10.02pt; text-align: center;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; line-height: 10.02pt; margin-left: 0%;">84</span></div> </div> </div> </div> <div style="float: left; margin-bottom: 5.0pt; width: 100%;"></div> <hr style="clear: both; margin: 40.0pt 0.25pt 0.25pt 0.25pt;" /></div> <div> <div><a id="xx_6f541e02-145b-4442-80b8-adf4d990b3c8_40"></a> <div style="page-break-after: always; position: relative;"> <div style="clear: both;"></div> <div style="float: left; margin-left: 39pt; margin-top: 36pt; width: 516pt; min-height: 696pt;"> <ix:continuation id="t_63_20e49647_11d4_0b4c_4bef_5eb4ae5cf429_180" continuedAt="t_63_20e49647_11d4_0b4c_4bef_5eb4ae5cf429_181"><ix:continuation id="t_35_3ebfb9e6_236c_ffec_0482_fc38a10f2892_4" continuedAt="t_35_3ebfb9e6_236c_ffec_0482_fc38a10f2892_5"> <div style="line-height: 12.02pt; margin-left: 31pt; text-align: justify;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.00%;">restrictions; (v) interest rates; (vi) the availability of credit; (vii) manufacturer production level; (viii) retirement and </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">obsolescence of certain classes of transportation assets; (ix) re-introduction into service of transportation assets </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">previously in storage; and (x) traffic control infrastructure constraints.</span></div> </ix:continuation></ix:continuation> <ix:continuation id="t_35_3ebfb9e6_236c_ffec_0482_fc38a10f2892_5" continuedAt="t_35_3ebfb9e6_236c_ffec_0482_fc38a10f2892_6"> <ix:continuation id="t_63_20e49647_11d4_0b4c_4bef_5eb4ae5cf429_181" continuedAt="t_63_20e49647_11d4_0b4c_4bef_5eb4ae5cf429_182"><div style="line-height: 12.02pt; margin-left: 31pt; margin-top: 10.00pt; text-align: justify;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.00%; text-decoration: underline;">Risk of Decline in Value of Transportation Assets and Rental Values</span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">. In addition to factors linked to the railway, aviation </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">and shipping industries, other factors that may affect the value of transportation assets, and thus of the Personal Property </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">Asset Companies in which the Fund invests, include: (i) manufacturers merging or exiting the industry or ceasing to </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">produce specific types of transportation asset; (ii) the particular maintenance and operating history of the transportation </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">assets; (iii) the number of operators using that type of transportation asset; (iv) whether the railcar, aircraft or ship is </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">subject to a lease; (v) any regulatory and legal requirements that must be satisfied before the transportation asset can be </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">operated, sold or re-leased, (vi) compatibility of parts and layout of the transportation asset among operators of particular </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">asset; and (vii) any renegotiation of a lease on less favorable terms.</span></div></ix:continuation> </ix:continuation> <ix:continuation id="t_63_20e49647_11d4_0b4c_4bef_5eb4ae5cf429_182" continuedAt="t_63_20e49647_11d4_0b4c_4bef_5eb4ae5cf429_183"><ix:continuation id="t_35_3ebfb9e6_236c_ffec_0482_fc38a10f2892_6" continuedAt="t_35_3ebfb9e6_236c_ffec_0482_fc38a10f2892_7"> <div style="line-height: 12.02pt; margin-left: 31pt; margin-top: 10.00pt; text-align: justify;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.00%; text-decoration: underline;">Technological Risks</span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">. The availability for sale or lease of new, technologically advanced transportation assets and the </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">imposition of stringent noise, emissions or environmental regulations may make certain types of transportation assets less </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">desirable in the marketplace and therefore may adversely affect the owners&#8217; ability to lease or sell such transportation </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">assets. Consequently, the owner will have to lease or sell many of the transportation assets close to the end of their useful </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">economic life. The owners&#8217; ability to manage these technological risks by modifying or selling transportation assets will </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">likely be limited.</span></div> </ix:continuation></ix:continuation> <ix:continuation id="t_63_20e49647_11d4_0b4c_4bef_5eb4ae5cf429_183" continuedAt="t_63_20e49647_11d4_0b4c_4bef_5eb4ae5cf429_184"><ix:continuation id="t_35_3ebfb9e6_236c_ffec_0482_fc38a10f2892_7" continuedAt="t_35_3ebfb9e6_236c_ffec_0482_fc38a10f2892_8"> <div style="line-height: 12.02pt; margin-left: 31pt; margin-top: 10.00pt; text-align: justify;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.00%; text-decoration: underline;">Risks Relating to Leases of Transportation Assets</span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">. Owner/lessors of transportation assets will typically require lessees of </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">assets to maintain customary and appropriate insurance. There can be no assurance that the lessees&#8217; insurance will cover </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">all types of claims that may be asserted against the owner, which could adversely affect the value of the Fund&#8217;s </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">investment in the Personal Property Asset Company owning such transportation asset. Personal Property Asset </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">Companies will be subject to credit risk of the lessees&#8217; ability to the provisions of the lease of the transportation asset. </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">The Personal Property Asset Company will need to release or sell transportation assets as the current leases expire in </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">order to continue to generate revenues. The ability to re-lease or sell transportation assets will depend on general market </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">and competitive conditions. Some of the competitors of the Personal Property Asset Company may have greater access to </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">financial resources and may have greater operational flexibility. If the Personal Property Asset Company is not able to </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">re-lease a transportation asset, it may need to attempt to sell the aircraft to provide funds for its investors, including the </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">Fund.</span></div> </ix:continuation></ix:continuation> <ix:continuation id="t_35_3ebfb9e6_236c_ffec_0482_fc38a10f2892_8" continuedAt="t_35_3ebfb9e6_236c_ffec_0482_fc38a10f2892_9"> <ix:continuation id="t_63_20e49647_11d4_0b4c_4bef_5eb4ae5cf429_184" continuedAt="t_63_20e49647_11d4_0b4c_4bef_5eb4ae5cf429_185"><div style="line-height: 12.02pt; margin-top: 10.00pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-style: italic; margin-left: 29pt;">Collectible Assets Risks</span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">. The risks of collectible assets include:</span></div></ix:continuation> </ix:continuation> <ix:continuation id="t_63_20e49647_11d4_0b4c_4bef_5eb4ae5cf429_185" continuedAt="t_63_20e49647_11d4_0b4c_4bef_5eb4ae5cf429_186"><ix:continuation id="t_35_3ebfb9e6_236c_ffec_0482_fc38a10f2892_9" continuedAt="t_35_3ebfb9e6_236c_ffec_0482_fc38a10f2892_10"> <div style="line-height: 12.02pt; margin-left: 31pt; margin-top: 10.00pt; text-align: justify;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.00%; text-decoration: underline;">Valuation of Collectible Assets Risk</span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">. The market for collectible assets as a financial investment is in the early stages of </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">development. Collectible assets are typically bought and sold through auction houses, and estimates of prices of </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">collectible assets at auction are imprecise. Accordingly, collectible assets are difficult to value.</span></div> </ix:continuation></ix:continuation> <ix:continuation id="t_63_20e49647_11d4_0b4c_4bef_5eb4ae5cf429_186" continuedAt="t_63_20e49647_11d4_0b4c_4bef_5eb4ae5cf429_187"><ix:continuation id="t_35_3ebfb9e6_236c_ffec_0482_fc38a10f2892_10" continuedAt="t_35_3ebfb9e6_236c_ffec_0482_fc38a10f2892_11"> <div style="line-height: 12.02pt; margin-left: 31pt; margin-top: 10.00pt; text-align: justify;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.00%; text-decoration: underline;">Liquidity of Collectible Assets Risk</span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">. There are relatively few auction houses in comparison to brokers and dealers of </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">traditional financial assets. The ability to sell collectible assets is dependent on the demand for particular classes of </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">collectible assets, which demand has been volatile and erratic in the past. There is no assurance that collectible assets can </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">be sold within a particular timeframe or at the price at which such collectible assets are valued, which may impair the </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">ability of the Fund to realize full value of Personal Property Asset Companies in the event of the need to liquidate such </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">assets.</span></div> </ix:continuation></ix:continuation> <ix:continuation id="t_63_20e49647_11d4_0b4c_4bef_5eb4ae5cf429_187" continuedAt="t_63_20e49647_11d4_0b4c_4bef_5eb4ae5cf429_188"><ix:continuation id="t_35_3ebfb9e6_236c_ffec_0482_fc38a10f2892_11" continuedAt="t_35_3ebfb9e6_236c_ffec_0482_fc38a10f2892_12"> <div style="line-height: 12.02pt; margin-left: 31pt; margin-top: 10.00pt; text-align: justify;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.00%; text-decoration: underline;">Authenticity of Collectible Assets Risk</span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">. The value of collectible assets often depends on its rarity or scarcity, or of its </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">attribution as the product of a particular artisan. Collectible Assets are subject to forgery and to the inabilities to assess </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">the authenticity of the collectible asset, which may significantly impair the value of the collectible asset.</span></div> </ix:continuation></ix:continuation> <ix:continuation id="t_63_20e49647_11d4_0b4c_4bef_5eb4ae5cf429_188" continuedAt="t_63_20e49647_11d4_0b4c_4bef_5eb4ae5cf429_189"><ix:continuation id="t_35_3ebfb9e6_236c_ffec_0482_fc38a10f2892_12"> <div style="line-height: 12.02pt; margin-left: 31pt; margin-top: 10.00pt; text-align: justify;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.00%; text-decoration: underline;">High Transaction and Related Costs Risk</span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">. Collectible assets are typically bought and sold through auction houses, which </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">typically charge commissions to the purchaser and to the seller which may exceed 20% of the sale price of the collectible </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">asset. In addition, holding collectible assets entails storage and insurance costs, which may be substantial.</span></div> </ix:continuation></ix:continuation> <ix:nonNumeric name="cef:RiskTextBlock" id="t_36_f064a5a5_6004_8d76_6754_46dd7d4f3b2c" escape="true" continuedAt="t_36_f064a5a5_6004_8d76_6754_46dd7d4f3b2c_1" contextRef="I20210920_PrivateSecuritiesRiskMember"> <ix:continuation id="t_63_20e49647_11d4_0b4c_4bef_5eb4ae5cf429_189" continuedAt="t_63_20e49647_11d4_0b4c_4bef_5eb4ae5cf429_190"><div style="line-height: 12.02pt; margin-top: 10.00pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-weight: bold;">Private Securities Risk</span></div></ix:continuation> </ix:nonNumeric> <ix:continuation id="t_36_f064a5a5_6004_8d76_6754_46dd7d4f3b2c_1" continuedAt="t_36_f064a5a5_6004_8d76_6754_46dd7d4f3b2c_2"> <ix:continuation id="t_63_20e49647_11d4_0b4c_4bef_5eb4ae5cf429_190" continuedAt="t_63_20e49647_11d4_0b4c_4bef_5eb4ae5cf429_191"><div style="line-height: 12.02pt; margin-top: 9.99pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;">The Fund may invest in privately issued Income Securities and Common Equity Securities of both public and private </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">companies. Private Securities have additional risk considerations than investments in comparable public investments. </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">Whenever </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">the Fund invests in companies that do not publicly report financial and other material information, it assumes a greater degree of </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">investment risk and reliance upon the Sub-Adviser&#8217;s ability to obtain and evaluate applicable information concerning such </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">companies&#8217; creditworthiness and other investment considerations. Certain Private Securities may be illiquid. Because there is </span></div></ix:continuation> </ix:continuation> </div> <div style="clear: both;"></div> <div style="float: left; margin-left: 39pt; margin-top: 12pt; width: 516pt; min-height: 12pt;"> <div style="line-height: 10.02pt; text-align: center;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; line-height: 10.02pt; margin-left: 0%;">85</span></div> </div> </div> </div> <div style="float: left; margin-bottom: 5.0pt; width: 100%;"></div> <hr style="clear: both; margin: 40.0pt 0.25pt 0.25pt 0.25pt;" /></div> <div> <div><a id="xx_6f541e02-145b-4442-80b8-adf4d990b3c8_41"></a> <div style="page-break-after: always; position: relative;"> <div style="clear: both;"></div> <div style="float: left; min-height: 696pt; margin-left: 39pt; margin-top: 36pt; width: 516pt;"> <ix:continuation id="t_36_f064a5a5_6004_8d76_6754_46dd7d4f3b2c_2"> <ix:continuation id="t_63_20e49647_11d4_0b4c_4bef_5eb4ae5cf429_191" continuedAt="t_63_20e49647_11d4_0b4c_4bef_5eb4ae5cf429_192"><div style="line-height: 12.02pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">often no readily available trading market for Private Securities, the Fund may not be able to readily dispose of such investments </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">at prices that approximate those at which the Fund could sell them if they were more widely traded. Private Securities are also </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">more difficult to value. Valuation may require more research, and elements of judgment may play a greater role in the valuation </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">of Private Securities as compared to public securities because there is less reliable objective data available. Private Securities that </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">are debt securities generally are of below-investment grade quality, frequently are unrated and present many of the same risks as </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">investing in below-investment grade public debt securities. Investing in private debt instruments is a highly specialized </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">investment practice that depends more heavily on independent credit analysis than investments in other types of obligations.</span></div></ix:continuation> </ix:continuation> <ix:nonNumeric name="cef:RiskTextBlock" id="t_37_4d4c80d6_f948_f212_5690_c5709db525b1" escape="true" continuedAt="t_37_4d4c80d6_f948_f212_5690_c5709db525b1_1" contextRef="I20210920_InvestmentFundsRiskMember"> <ix:continuation id="t_63_20e49647_11d4_0b4c_4bef_5eb4ae5cf429_192" continuedAt="t_63_20e49647_11d4_0b4c_4bef_5eb4ae5cf429_193"><div style="line-height: 12.02pt; margin-top: 9.80pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-weight: bold;">Investment Funds Risk</span></div></ix:continuation> </ix:nonNumeric> <ix:continuation id="t_37_4d4c80d6_f948_f212_5690_c5709db525b1_1" continuedAt="t_37_4d4c80d6_f948_f212_5690_c5709db525b1_2"> <ix:continuation id="t_63_20e49647_11d4_0b4c_4bef_5eb4ae5cf429_193" continuedAt="t_63_20e49647_11d4_0b4c_4bef_5eb4ae5cf429_194"><div style="line-height: 12.02pt; margin-top: 9.80pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;">As an alternative to holding investments directly, the Fund may also obtain investment exposure to Income Securities and </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">Common Equity Securities by investing up to 30% of its total assets in Investment Funds. </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">These investments include open-end </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">funds, closed-end funds, exchange-traded funds and business development companies as well as other pooled investment </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">vehicles. Investments in Investment Funds present certain special considerations and risks not present in making direct </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">investments in Income Securities and Common Equity Securities. Investments in Investment Funds subject the Fund to the risks </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">affecting such Investment Funds and involve operating expenses and fees that are in addition to the expenses and fees borne by </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">the Fund. Such expenses and fees attributable to the Fund&#8217;s investment in another Investment Fund are borne indirectly by </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">Common Shareholders. Accordingly, investment in such entities involves expenses and fees at both levels. Fees charged by other </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">Investment Funds in which the Fund invests may be similar to the fees charged by the Fund and can include asset-based </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">management fees and administrative fees payable to such entities&#8217; advisers and managers, thus resulting in fees at both levels. </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">Fees charged by other Investment Funds in which the Fund invests may be similar to the fees charged by the Fund and can </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">include asset-based management fees and administrative fees payable to such entities&#8217; advisers and managers, thus resulting in </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">duplicative fees. To the extent management fees of Investment Funds are based on total gross assets, it may create an incentive </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">for such entities&#8217; managers to employ Financial Leverage, thereby adding additional expense and increasing volatility and risk </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">(including the Fund's overall exposure to financial leverage risk). Fees payable to advisers and managers of Investment Funds </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">may include performance-based incentive fees calculated as a percentage of profits. Such incentive fees directly reduce the </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">return that otherwise would have been earned by investors over the applicable period. Fees payable to advisers and managers of </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">Investment Funds may include performance-based incentive fees calculated as a percentage of profits. Such incentive fees </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">directly reduce the return that otherwise would have been earned by investors over the applicable period. A performance-based </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">fee arrangement may create incentives for an adviser or manager to take greater investment risks in the hope of earning a higher </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">profit participation. Investments in Investment Funds frequently expose the Fund to an additional layer of Financial Leverage. </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">Investments in Investment Funds expose the Fund to additional management risk. The success of the Fund&#8217;s investments in </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">Investment Funds will depend in large part on the investment skills and implementation abilities of the advisers or managers of </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">such entities. Decisions made by the advisers or managers of such entities may cause the Fund to incur losses or to miss profit </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">opportunities. While the Sub-Adviser will seek to evaluate managers of Investment Funds and where possible independently </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">evaluate the underlying assets, a substantial degree of reliance on such entities&#8217; managers is nevertheless present with such </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">investments.</span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; line-height: 12.02pt;"> </span></div></ix:continuation> </ix:continuation> <ix:continuation id="t_37_4d4c80d6_f948_f212_5690_c5709db525b1_2"> <ix:continuation id="t_63_20e49647_11d4_0b4c_4bef_5eb4ae5cf429_194" continuedAt="t_63_20e49647_11d4_0b4c_4bef_5eb4ae5cf429_195"><div style="line-height: 12.02pt; margin-top: 9.81pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;">In October 2020, the SEC adopted certain regulatory changes and took other actions related to the ability of an </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">investment company to invest in another investment company (which, in certain instances, may also limit a fund&#8217;s ability to </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">invest in certain types of structured finance vehicles). These changes include, among other things, amendments to Rule 12d1-1, </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">the rescission of Rule 12d1-2, the adoption of Rule 12d1-4, and the rescission of certain exemptive relief issued by the SEC </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">permitting such investments in excess of statutory limits and the withdrawal of certain related SEC staff no-action letters. These </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">changes and actions may adversely impact the Fund&#8217;s investment strategies and operations, as well as those of the underlying </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">investment vehicles in which the Fund invests or other funds that invest in the Fund.</span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; line-height: 12.02pt;"> </span></div></ix:continuation> </ix:continuation> <ix:nonNumeric name="cef:RiskTextBlock" id="t_38_74e7854b_46da_1bce_7354_863a34c20db3" escape="true" continuedAt="t_38_74e7854b_46da_1bce_7354_863a34c20db3_1" contextRef="I20210920_SyntheticInvestmentsRiskMember"> <ix:continuation id="t_63_20e49647_11d4_0b4c_4bef_5eb4ae5cf429_195" continuedAt="t_63_20e49647_11d4_0b4c_4bef_5eb4ae5cf429_196"><div style="line-height: 12.02pt; margin-top: 9.80pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-weight: bold;">Synthetic Investments Risk</span></div></ix:continuation> </ix:nonNumeric> <ix:continuation id="t_38_74e7854b_46da_1bce_7354_863a34c20db3_1" continuedAt="t_38_74e7854b_46da_1bce_7354_863a34c20db3_2"> <ix:continuation id="t_63_20e49647_11d4_0b4c_4bef_5eb4ae5cf429_196" continuedAt="t_63_20e49647_11d4_0b4c_4bef_5eb4ae5cf429_197"><div style="line-height: 12.02pt; margin-top: 9.80pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;">As an alternative to holding investments directly, the Fund may also obtain investment exposure to Income Securities and </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">Common Equity Securities through the use of customized derivative instruments (including swaps, options, forwards, notional </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">principal contracts or other financial instruments) to replicate, modify or replace the economic attributes associated with an </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">investment in Income Securities and Common Equity Securities (including interests in Investment Funds). </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">The Fund may be </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">exposed to certain additional risks to the extent the Sub-Adviser use derivatives as a means to synthetically implement the </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">Fund&#8217;s investment strategies. If the Fund enters into a derivative instrument whereby it agrees to receive the return of a security </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">or financial instrument or a basket of securities or financial instruments, it will typically contract to receive such returns for a </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">predetermined period of time. During such period, the Fund may not have the ability to increase or decrease its exposure. In </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">addition, such customized derivative instruments will likely be highly illiquid, and it is possible that the Fund will not be able to </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">terminate such derivative instruments prior to their expiration date or that the penalties associated with such a termination might </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">impact the Fund&#8217;s performance in a material adverse manner. Furthermore, certain derivative instruments contain provisions </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">giving the counterparty the right to terminate the contract upon the occurrence of certain events. Such events may include a </span></div></ix:continuation> </ix:continuation> </div> <div style="clear: both;"></div> <div style="float: left; margin-left: 39pt; margin-top: 12pt; width: 516pt; min-height: 12pt;"> <div style="line-height: 10.02pt; text-align: center;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; line-height: 10.02pt; margin-left: 0%;">86</span></div> </div> </div> </div> <div style="float: left; margin-bottom: 5.0pt; width: 100%;"></div> <hr style="clear: both; margin: 40.0pt 0.25pt 0.25pt 0.25pt;" /></div> <div> <div><a id="xx_6f541e02-145b-4442-80b8-adf4d990b3c8_42"></a> <div style="page-break-after: always; position: relative;"> <div style="clear: both;"></div> <div style="float: left; min-height: 696pt; margin-left: 39pt; margin-top: 36pt; width: 516pt;"> <ix:continuation id="t_38_74e7854b_46da_1bce_7354_863a34c20db3_2" continuedAt="t_38_74e7854b_46da_1bce_7354_863a34c20db3_3"> <ix:continuation id="t_63_20e49647_11d4_0b4c_4bef_5eb4ae5cf429_197" continuedAt="t_63_20e49647_11d4_0b4c_4bef_5eb4ae5cf429_198"><div style="line-height: 12.02pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">decline in the value of the reference securities and material violations of the terms of the contract or the portfolio guidelines as </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">well as other events determined by the counterparty. If a termination were to occur, the Fund&#8217;s return could be adversely affected </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">as it would lose the benefit of the indirect exposure to the reference securities and it may incur significant termination expenses.</span></div></ix:continuation> </ix:continuation> <ix:continuation id="t_38_74e7854b_46da_1bce_7354_863a34c20db3_3" continuedAt="t_38_74e7854b_46da_1bce_7354_863a34c20db3_4"> <ix:continuation id="t_63_20e49647_11d4_0b4c_4bef_5eb4ae5cf429_198" continuedAt="t_63_20e49647_11d4_0b4c_4bef_5eb4ae5cf429_199"><div style="line-height: 12.02pt; margin-top: 9.90pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;">In the event the Fund seeks to participate in Investment Funds (including Private Investment Funds) through the use of </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">such synthetic derivative instruments, the Fund will not acquire any voting interests or other shareholder rights that would be </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">acquired with a direct investment in the underlying Investment Fund. Accordingly, the Fund will not participate in matters </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">submitted to a vote of the shareholders. In addition, the Fund may not receive all of the information and reports to shareholders </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">that the Fund would receive with a direct investment in such Investment Fund.</span></div></ix:continuation> </ix:continuation> <ix:continuation id="t_38_74e7854b_46da_1bce_7354_863a34c20db3_4"> <ix:continuation id="t_63_20e49647_11d4_0b4c_4bef_5eb4ae5cf429_199" continuedAt="t_63_20e49647_11d4_0b4c_4bef_5eb4ae5cf429_200"><div style="line-height: 12.02pt; margin-top: 9.90pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;">Further, the Fund will pay the counterparty to any such customized derivative instrument structuring fees and ongoing </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">transaction fees, which will reduce the investment performance of the Fund. Finally, certain tax aspects of such customized </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">derivative instruments are uncertain and a Common Shareholder&#8217;s return could be adversely affected by an adverse tax ruling.</span></div></ix:continuation> </ix:continuation> <ix:nonNumeric name="cef:RiskTextBlock" id="t_39_772d2157_b3d8_7af1_5b42_6ae5abd7b6cd" escape="true" continuedAt="t_39_772d2157_b3d8_7af1_5b42_6ae5abd7b6cd_1" contextRef="I20210920_InflationDeflationRiskMember"> <ix:continuation id="t_63_20e49647_11d4_0b4c_4bef_5eb4ae5cf429_200" continuedAt="t_63_20e49647_11d4_0b4c_4bef_5eb4ae5cf429_201"><div style="line-height: 12.02pt; margin-top: 9.91pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-weight: bold;">Inflation/Deflation Risk</span></div></ix:continuation> </ix:nonNumeric> <ix:continuation id="t_39_772d2157_b3d8_7af1_5b42_6ae5abd7b6cd_1"> <ix:continuation id="t_63_20e49647_11d4_0b4c_4bef_5eb4ae5cf429_201" continuedAt="t_63_20e49647_11d4_0b4c_4bef_5eb4ae5cf429_202"><div style="line-height: 12.02pt; margin-top: 9.90pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;">Inflation risk is the risk that the value of assets or income from investments will be worth less in the future as inflation </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">decreases the purchasing power and value of money. </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">As inflation increases, the real value of the Common Shares and </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">distributions can decline. Inflation rates may change frequently and significantly as a result of various factors, including </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">unexpected shifts in the domestic or global economy and changes in monetary or economic policies (or expectations that these </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">policies may change), and the Fund&#8217;s investments may not keep pace with inflation, which would adversely affect the Fund. This </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">risk is significantly elevated compared to normal conditions because of recent monetary policy measures and the current low </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">interest rate environment. In addition, during any periods of rising inflation, the dividend rates or borrowing costs associated </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">with the Fund&#8217;s use of Financial Leverage would likely increase, which would tend to further reduce returns to Common </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">Shareholders. Deflation risk is the risk that prices throughout the economy decline over time&#8212;the opposite of inflation. </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">Deflation may have an adverse affect on the creditworthiness of issuers and may make issuer default more likely, which may </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">result in a decline in the value of the Fund&#8217;s portfolio.</span></div></ix:continuation> </ix:continuation> <ix:nonNumeric name="cef:RiskTextBlock" id="t_40_9da833f8_21f3_1feb_f51b_b1972d8b2910" escape="true" continuedAt="t_40_9da833f8_21f3_1feb_f51b_b1972d8b2910_1" contextRef="I20210920_MarketDiscountRiskMember"> <ix:continuation id="t_63_20e49647_11d4_0b4c_4bef_5eb4ae5cf429_202" continuedAt="t_63_20e49647_11d4_0b4c_4bef_5eb4ae5cf429_203"><div style="line-height: 12.02pt; margin-top: 10.00pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-weight: bold;">Market Discount Risk</span></div></ix:continuation> </ix:nonNumeric> <ix:continuation id="t_40_9da833f8_21f3_1feb_f51b_b1972d8b2910_1" continuedAt="t_40_9da833f8_21f3_1feb_f51b_b1972d8b2910_2"> <ix:continuation id="t_63_20e49647_11d4_0b4c_4bef_5eb4ae5cf429_203" continuedAt="t_63_20e49647_11d4_0b4c_4bef_5eb4ae5cf429_204"><div style="line-height: 12.02pt; margin-top: 10.00pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;">The Fund&#8217;s Common Shares have traded both at a premium and at a discount in relation to net asset value. The Fund </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">cannot predict whether the Common Shares will trade in the future at a premium or discount to net asset value. </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">The Fund&#8217;s </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">Common Shares have recently traded at a premium to net asset value per share, which may not be sustainable. If the Common </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">Shares are trading at a premium to net asset value at the time you purchase Common Shares, the net asset value per share of the </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">Common Shares purchased will be less than the purchase price paid. Shares of closed-end investment companies frequently </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">trade at a discount from net asset value, but in some cases have traded above net asset value. The risk of the Common Shares </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">trading at a discount is a risk separate from the risk of a decline in the Fund&#8217;s net asset value as a result of the Fund&#8217;s investment </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">activities. The Fund&#8217;s net asset value will be reduced immediately following an offering of the Common Shares due to the costs </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">of such offering, which will be borne entirely by the Fund. The sale of Common Shares by the Fund (or the perception that such </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">sales may occur) may have an adverse effect on prices of Common Shares in the secondary market. An increase in the number of </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">Common Shares available may put downward pressure on the market price for Common Shares. The Fund may, from time to </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">time, seek the consent of Common Shareholders to permit the issuance and sale by the Fund of Common Shares at a price below </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">the Fund&#8217;s then current net asset value, subject to certain conditions, and such sales of Common Shares at price below net asset </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">value, if any, may increase downward pressure on the market price for Common Shares. These sales, if any, also might make it </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">more difficult for the Fund to sell additional Common Shares in the future at a time and price it deems appropriate.</span></div></ix:continuation> </ix:continuation> <ix:continuation id="t_40_9da833f8_21f3_1feb_f51b_b1972d8b2910_2"> <ix:continuation id="t_63_20e49647_11d4_0b4c_4bef_5eb4ae5cf429_204" continuedAt="t_63_20e49647_11d4_0b4c_4bef_5eb4ae5cf429_205"><div style="line-height: 12.02pt; margin-top: 10.00pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;">Whether a Common Shareholder will realize a gain or loss upon the sale of Common Shares depends upon whether the </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">market value of the Common Shares at the time of sale is above or below the price the Common Shareholder paid, taking into </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">account transaction costs for the Common Shares, and is not directly dependent upon the Fund&#8217;s net asset value. Because the </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">market value of the Common Shares will be determined by factors such as the relative demand for and supply of the shares in </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">the market, general market conditions and other factors outside the Fund&#8217;s control, the Fund cannot predict whether the </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">Common Shares will trade at, below or above net asset value, or at, below or above the public offering price for the Common </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">Shares. Common Shares of the Fund are designed primarily for long-term investors; investors in Common Shares should not </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">view the Fund as a vehicle for trading purposes.</span></div></ix:continuation> </ix:continuation> <ix:nonNumeric name="cef:RiskTextBlock" id="t_41_decce4f9_2ac7_c4ba_ac60_a06f40af4007" escape="true" continuedAt="t_41_decce4f9_2ac7_c4ba_ac60_a06f40af4007_1" contextRef="I20210920_DilutionRiskMember"> <ix:continuation id="t_63_20e49647_11d4_0b4c_4bef_5eb4ae5cf429_205" continuedAt="t_63_20e49647_11d4_0b4c_4bef_5eb4ae5cf429_206"><div style="line-height: 12.02pt; margin-top: 10.00pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-weight: bold;">Dilution Risk</span></div></ix:continuation> </ix:nonNumeric> <ix:continuation id="t_41_decce4f9_2ac7_c4ba_ac60_a06f40af4007_1" continuedAt="t_41_decce4f9_2ac7_c4ba_ac60_a06f40af4007_2"> <ix:continuation id="t_63_20e49647_11d4_0b4c_4bef_5eb4ae5cf429_206" continuedAt="t_63_20e49647_11d4_0b4c_4bef_5eb4ae5cf429_207"><div style="line-height: 12.02pt; margin-top: 10.00pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;">The voting power of current Common Shareholders will be diluted to the extent that current Common Shareholders do </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">not purchase Common Shares in any future offerings of Common Shares or do not purchase sufficient Common Shares to </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">maintain their percentage interest. </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">If the Fund is unable to invest the proceeds of such offering as intended, the Fund&#8217;s per </span></div></ix:continuation> </ix:continuation> </div> <div style="clear: both;"></div> <div style="float: left; margin-left: 39pt; margin-top: 12pt; width: 516pt; min-height: 12pt;"> <div style="line-height: 10.02pt; text-align: center;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; line-height: 10.02pt; margin-left: 0%;">87</span></div> </div> </div> </div> <div style="float: left; margin-bottom: 5.0pt; width: 100%;"></div> <hr style="clear: both; margin: 40.0pt 0.25pt 0.25pt 0.25pt;" /></div> <div> <div><a id="xx_6f541e02-145b-4442-80b8-adf4d990b3c8_43"></a> <div style="page-break-after: always; position: relative;"> <div style="clear: both;"></div> <div style="float: left; min-height: 696pt; margin-left: 39pt; margin-top: 36pt; width: 516pt;"> <ix:continuation id="t_41_decce4f9_2ac7_c4ba_ac60_a06f40af4007_2"> <ix:continuation id="t_63_20e49647_11d4_0b4c_4bef_5eb4ae5cf429_207" continuedAt="t_63_20e49647_11d4_0b4c_4bef_5eb4ae5cf429_208"><div style="line-height: 12.02pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">Common Share distribution may decrease and the Fund may not participate in market advances to the same extent as if such </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">proceeds were fully invested as planned. If the Fund sells Common Shares at a price below net asset value pursuant to the </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">consent of Common Shareholders, shareholders will experience a dilution of the aggregate net asset value per Common Share </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">because the sale price will be less than the Fund&#8217;s then-current net asset value per Common Share. Similarly, were the expenses </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">of the offering to exceed the amount by which the sale price exceeded the Fund&#8217;s then current net asset value per Common </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">Share, shareholders would experience a dilution of the aggregate net asset value per Common Share. This dilution will be </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">experienced by all shareholders, irrespective of whether they purchase Common Shares in any such offering. See &#8220;Description </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">of Capital Structure&#8212;Common Shares&#8212;Issuance of Additional Common Shares.&#8221;</span></div></ix:continuation> </ix:continuation> <ix:nonNumeric name="cef:RiskTextBlock" id="t_42_4112d381_326c_b952_7cba_92bfba9fdd93" escape="true" continuedAt="t_42_4112d381_326c_b952_7cba_92bfba9fdd93_1" contextRef="I20210920_FinancialLeverageAndLeveragedTransactionsRiskMember"> <ix:continuation id="t_63_20e49647_11d4_0b4c_4bef_5eb4ae5cf429_208" continuedAt="t_63_20e49647_11d4_0b4c_4bef_5eb4ae5cf429_209"><div style="line-height: 12.02pt; margin-top: 9.80pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-weight: bold;">Financial Leverage and Leveraged Transactions Risk</span></div></ix:continuation> </ix:nonNumeric> <ix:continuation id="t_42_4112d381_326c_b952_7cba_92bfba9fdd93_1" continuedAt="t_42_4112d381_326c_b952_7cba_92bfba9fdd93_2"> <ix:continuation id="t_63_20e49647_11d4_0b4c_4bef_5eb4ae5cf429_209" continuedAt="t_63_20e49647_11d4_0b4c_4bef_5eb4ae5cf429_210"><div style="line-height: 12.02pt; margin-top: 9.90pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;">Although the use of Financial Leverage and leveraged transactions by the Fund may create an opportunity for increased </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">after-tax total return for the Common Shares, it also results in additional risks and can magnify the effect of any losses. </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">If the </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">income and gains earned on securities purchased with Financial Leverage and leveraged transaction proceeds are greater than </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">the cost of Financial Leverage and leveraged transactions, the Fund&#8217;s return will be greater than if Financial Leverage and </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">leveraged transactions had not been used. Conversely, if the income or gains from the securities purchased with such proceeds </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">does not cover the cost of Financial Leverage and leveraged transactions, the return to the Fund will be less than if Financial </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">Leverage and leveraged transactions had not been used. There can be no assurance that a leveraging strategy will be </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">implemented or that it will be successful during any period during which it is employed.</span></div></ix:continuation> </ix:continuation> <ix:continuation id="t_42_4112d381_326c_b952_7cba_92bfba9fdd93_2" continuedAt="t_42_4112d381_326c_b952_7cba_92bfba9fdd93_3"> <ix:continuation id="t_63_20e49647_11d4_0b4c_4bef_5eb4ae5cf429_210" continuedAt="t_63_20e49647_11d4_0b4c_4bef_5eb4ae5cf429_211"><div style="line-height: 12.02pt; margin-top: 9.90pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;">Financial Leverage and leveraged transactions are speculative techniques that exposes the Fund to greater risk and </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">increased costs than if they were not implemented. Increases and decreases in the value of the Fund&#8217;s portfolio will be magnified </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">when the Fund uses Financial Leverage and leveraged transactions. As a result, Financial Leverage and leveraged transactions </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">may cause greater changes in the Fund&#8217;s NAV and returns than if Financial Leverage and leveraged transactions had not been </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">used. The Fund will also have to pay interest on its indebtedness, if any, which may reduce the Fund&#8217;s return. This interest </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">expense may be greater than the Fund&#8217;s return on the underlying investment, which would negatively affect the performance of </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">the Fund.</span></div></ix:continuation> </ix:continuation> <ix:continuation id="t_42_4112d381_326c_b952_7cba_92bfba9fdd93_3" continuedAt="t_42_4112d381_326c_b952_7cba_92bfba9fdd93_4"> <ix:continuation id="t_63_20e49647_11d4_0b4c_4bef_5eb4ae5cf429_211" continuedAt="t_63_20e49647_11d4_0b4c_4bef_5eb4ae5cf429_212"><div style="line-height: 12.02pt; margin-top: 9.90pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;">Financial Leverage and the use of leveraged transactions involve risks and special considerations for shareholders, </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">including the likelihood of greater volatility of NAV and market price of and dividends on the Common Shares than a </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">comparable portfolio without leverage; the risk that fluctuations in interest rates on Borrowings or in the dividend rate on any </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">Preferred Shares that the Fund must pay will reduce the return to the Common Shareholders; and the effect of Financial </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">Leverage and leveraged transactions in a declining market, which is likely to cause a greater decline in the NAV of the Common </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">Shares than if the Fund were not leveraged, which may result in a greater decline in the market price of the Common Shares.</span></div></ix:continuation> </ix:continuation> <ix:continuation id="t_42_4112d381_326c_b952_7cba_92bfba9fdd93_4" continuedAt="t_42_4112d381_326c_b952_7cba_92bfba9fdd93_5"> <ix:continuation id="t_63_20e49647_11d4_0b4c_4bef_5eb4ae5cf429_212" continuedAt="t_63_20e49647_11d4_0b4c_4bef_5eb4ae5cf429_213"><div style="line-height: 12.02pt; margin-top: 9.90pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;">Because the fees received by the Investment Adviser and Sub-Adviser are based on the Managed Assets of the Fund </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">(including the proceeds of any Financial Leverage), the Investment Adviser and Sub-Adviser have a financial incentive for the </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">Fund to utilize Financial Leverage, which may create a conflict of interest between the Investment Adviser and the Sub-Adviser </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">on the one hand and the Common Shareholders on the other. Common Shareholders bear the portion of the investment advisory </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">fee attributable to the assets purchased with the proceeds of Financial Leverage, which means that Common Shareholders </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">effectively bear the entire advisory fee. In order to manage this conflict of interest, the Board receives regular reports from the </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">Adviser regarding the Fund&#8217;s use of Financial Leverage and the effect of Financial Leverage on the management of the Fund&#8217;s </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">portfolio and the performance of the Fund.</span></div></ix:continuation> </ix:continuation> <ix:continuation id="t_42_4112d381_326c_b952_7cba_92bfba9fdd93_5" continuedAt="t_42_4112d381_326c_b952_7cba_92bfba9fdd93_6"> <ix:continuation id="t_63_20e49647_11d4_0b4c_4bef_5eb4ae5cf429_213" continuedAt="t_63_20e49647_11d4_0b4c_4bef_5eb4ae5cf429_214"><div style="line-height: 12.02pt; margin-top: 9.90pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;">Borrowings may subject the Fund to covenants in credit agreements relating to asset coverage and portfolio composition </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">requirements. Borrowings by the Fund also may subject the Fund to certain restrictions on investments imposed by guidelines of </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">one or more rating agencies, which may issue ratings for such indebtedness. Such guidelines may impose asset coverage or </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">portfolio composition requirements that are more stringent than those imposed by the 1940 Act. It is not anticipated that these </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">covenants or guidelines will impede the Adviser from managing the Fund&#8217;s portfolio in accordance with the Fund&#8217;s investment </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">objective and policies.</span></div></ix:continuation> </ix:continuation> <ix:continuation id="t_42_4112d381_326c_b952_7cba_92bfba9fdd93_6" continuedAt="t_42_4112d381_326c_b952_7cba_92bfba9fdd93_7"> <ix:continuation id="t_63_20e49647_11d4_0b4c_4bef_5eb4ae5cf429_214" continuedAt="t_63_20e49647_11d4_0b4c_4bef_5eb4ae5cf429_215"><div style="line-height: 12.02pt; margin-top: 9.90pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;">The Fund may enter into reverse repurchase agreements with the same parties with whom they may enter into repurchase </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">agreements (as described below). Under a reverse repurchase agreement, the Fund would sell securities or other assets and agree </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">to repurchase them at a particular price at a future date. Reverse repurchase agreements involve the risks that the interest income </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">earned on the investment of the proceeds will be less than the interest expense and Fund expenses associated with the repurchase </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">agreement, that the market value of the securities or other assets sold by the Fund may decline below the price at which the Fund </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">is obligated to repurchase such securities and that the securities may not be returned to the Fund. There is no assurance that </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">reverse repurchase agreements can be successfully employed. In the event of the insolvency of the counterparty to a reverse </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">repurchase agreement, recovery of the securities or other assets sold by the Fund may be delayed. The counterparty&#8217;s insolvency </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">may result in a loss equal to the amount by which the value of the securities or other assets sold by the Fund exceeds the </span></div></ix:continuation> </ix:continuation> </div> <div style="clear: both;"></div> <div style="float: left; margin-left: 39pt; margin-top: 12pt; width: 516pt; min-height: 12pt;"> <div style="line-height: 10.02pt; text-align: center;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; line-height: 10.02pt; margin-left: 0%;">88</span></div> </div> </div> </div> <div style="float: left; margin-bottom: 5.0pt; width: 100%;"></div> <hr style="clear: both; margin: 40.0pt 0.25pt 0.25pt 0.25pt;" /></div> <div> <div><a id="xx_6f541e02-145b-4442-80b8-adf4d990b3c8_44"></a> <div style="page-break-after: always; position: relative;"> <div style="clear: both;"></div> <div style="float: left; min-height: 696pt; margin-left: 39pt; margin-top: 36pt; width: 516pt;"> <ix:continuation id="t_42_4112d381_326c_b952_7cba_92bfba9fdd93_7" continuedAt="t_42_4112d381_326c_b952_7cba_92bfba9fdd93_8"> <ix:continuation id="t_63_20e49647_11d4_0b4c_4bef_5eb4ae5cf429_215" continuedAt="t_63_20e49647_11d4_0b4c_4bef_5eb4ae5cf429_216"><div style="line-height: 12.02pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">repurchase price payable by the Fund; if the value of the purchased securities or other assets increases during such a delay, that </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">loss may also be increased. When the Fund enters into a reverse repurchase agreement, any fluctuations in the market value of </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">either the securities or other assets transferred to another party or the securities or other assets in which the proceeds may be </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">invested would affect the market value of the Fund&#8217;s assets. As a result, such transactions may increase fluctuations in the net </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">asset value of the Fund&#8217;s Common Shares.</span></div></ix:continuation> </ix:continuation> <ix:continuation id="t_42_4112d381_326c_b952_7cba_92bfba9fdd93_8" continuedAt="t_42_4112d381_326c_b952_7cba_92bfba9fdd93_9"> <ix:continuation id="t_63_20e49647_11d4_0b4c_4bef_5eb4ae5cf429_216" continuedAt="t_63_20e49647_11d4_0b4c_4bef_5eb4ae5cf429_217"><div style="line-height: 12.02pt; margin-top: 9.81pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;">The Fund may enter into dollar roll transactions, in which the Fund sells a mortgage-backed or other security for </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">settlement on one date and buys back a substantially similar security (but not the same security) for settlement at a later date. </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">During the roll period, the Fund gives up the principal and interest payments on the security, but may invest the sale proceeds. </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">When the Fund enters into a dollar roll transaction, any fluctuation in the market value of the security transferred or the </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">securities in which the sales proceeds are invested can affect the market value of the Fund&#8217;s assets, and therefore, the Fund&#8217;s </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">NAV. Successful use of dollar rolls may depend upon the Sub-Adviser&#8217;s ability to correctly predict interest rates and </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">prepayments. There is no assurance that dollar rolls can be successfully employed. Dollar roll transactions may sometimes be </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">considered the practical equivalent of Borrowing and constitute leverage. Dollar roll transactions also involve the risk that the </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">market value of the securities the Fund is required to deliver may decline below the agreed upon repurchase price of those </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">securities. In addition, in the event that the Fund&#8217;s counterparty becomes insolvent or otherwise unable or unwilling to perform </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">its obligations, the Fund&#8217;s use of the proceeds may become restricted pending a determination as to whether to enforce the </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">Fund&#8217;s obligation to purchase the substantially similar securities.</span></div></ix:continuation> </ix:continuation> <ix:continuation id="t_42_4112d381_326c_b952_7cba_92bfba9fdd93_9" continuedAt="t_42_4112d381_326c_b952_7cba_92bfba9fdd93_10"> <ix:continuation id="t_63_20e49647_11d4_0b4c_4bef_5eb4ae5cf429_217" continuedAt="t_63_20e49647_11d4_0b4c_4bef_5eb4ae5cf429_218"><div style="line-height: 12.02pt; margin-top: 9.90pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;">The Fund may engage in certain derivatives transactions that have economic characteristics similar to leverage. Under </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">current regulatory requirements, to the extent the terms of any such transaction obligate the Fund to make payments, to mitigate </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">leveraging risk and otherwise comply with regulatory requirements, the Fund must segregate or earmark liquid assets to meet its </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">obligations under, or otherwise cover, the transactions that may give rise to this risk. Securities so segregated or designated as </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">&#8220;cover&#8221; will be unavailable for sale by the Sub- Adviser (unless replaced by other securities qualifying for segregation or cover </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">requirements), which may adversely affect the ability of the Fund to pursue its investment objective.</span></div></ix:continuation> </ix:continuation> <ix:continuation id="t_42_4112d381_326c_b952_7cba_92bfba9fdd93_10" continuedAt="t_42_4112d381_326c_b952_7cba_92bfba9fdd93_11"> <ix:continuation id="t_63_20e49647_11d4_0b4c_4bef_5eb4ae5cf429_218" continuedAt="t_63_20e49647_11d4_0b4c_4bef_5eb4ae5cf429_219"><div style="line-height: 12.02pt; margin-top: 9.91pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;">The Fund may have Financial Leverage and leveraged transactions outstanding during a short-term period during which </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">such Financial Leverage and leveraged transactions may not be beneficial to the Fund if the Adviser believes that the long-term </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">benefits to Common Shareholders of such Financial Leverage and leveraged transactions would outweigh the costs and portfolio </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">disruptions associated with redeeming and reissuing or closing out and reopening such Financial Leverage and leveraged </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">transactions. However, there can be no assurance that the Adviser&#8217;s judgment in weighing such costs and benefits will be correct.</span></div></ix:continuation> </ix:continuation> <ix:continuation id="t_42_4112d381_326c_b952_7cba_92bfba9fdd93_11" continuedAt="t_42_4112d381_326c_b952_7cba_92bfba9fdd93_12"> <ix:continuation id="t_63_20e49647_11d4_0b4c_4bef_5eb4ae5cf429_219" continuedAt="t_63_20e49647_11d4_0b4c_4bef_5eb4ae5cf429_220"><div style="line-height: 12.02pt; margin-top: 9.90pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;">Recent economic and market events have contributed to severe market volatility at times and caused severe liquidity </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">strains in the credit markets during some periods. If dislocations in the credit markets continue, the Fund&#8217;s leverage costs may </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">increase and there is a risk that the Fund may not be able to renew or replace existing leverage on favorable terms or at all. If the </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">cost of leverage is no longer favorable, or if the Fund is otherwise required to reduce its leverage, the Fund may not be able to </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">maintain distributions on Common Shares at historical levels and Common Shareholders will bear any costs associated with </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">selling portfolio securities.</span></div></ix:continuation> </ix:continuation> <ix:continuation id="t_42_4112d381_326c_b952_7cba_92bfba9fdd93_12"> <ix:continuation id="t_63_20e49647_11d4_0b4c_4bef_5eb4ae5cf429_220" continuedAt="t_63_20e49647_11d4_0b4c_4bef_5eb4ae5cf429_221"><div style="line-height: 12.02pt; margin-top: 9.90pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;">The Fund&#8217;s total Financial Leverage and leveraged transactions may vary significantly over time. To the extent the Fund </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">increases its amount of Financial Leverage and leveraged transactions outstanding, it will be more exposed to these risks. The </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">Fund may also be exposed to the risks associated with Financial Leverage through its investments in Investment Funds.</span></div></ix:continuation> </ix:continuation> <ix:continuation id="t_63_20e49647_11d4_0b4c_4bef_5eb4ae5cf429_221" continuedAt="t_63_20e49647_11d4_0b4c_4bef_5eb4ae5cf429_222"><ix:nonNumeric name="cef:RiskTextBlock" id="t_43_2f31178e_a9a2_3a75_cd74_fd5ab5ccca28" escape="true" continuedAt="t_43_2f31178e_a9a2_3a75_cd74_fd5ab5ccca28_1" contextRef="I20210920_DerivativesTransactionsRiskMember"> <div style="line-height: 12.02pt; margin-top: 9.90pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-weight: bold;">Derivatives Transactions Risk</span></div> </ix:nonNumeric></ix:continuation> <ix:continuation id="t_43_2f31178e_a9a2_3a75_cd74_fd5ab5ccca28_1" continuedAt="t_43_2f31178e_a9a2_3a75_cd74_fd5ab5ccca28_2"> <ix:continuation id="t_63_20e49647_11d4_0b4c_4bef_5eb4ae5cf429_222" continuedAt="t_63_20e49647_11d4_0b4c_4bef_5eb4ae5cf429_223"><div style="line-height: 12.02pt; margin-top: 9.90pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-style: italic; margin-left: 29pt;">Derivatives Transactions Risk</span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"> In General. In addition to the covered call option strategy described above, the Fund may, </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">but is not required to, utilize other derivatives, including futures contracts, swaps transactions and other strategic transactions to </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">seek to earn income, facilitate portfolio management and mitigate risks. </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">Participation in derivatives markets transactions </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">involves investment risks and transaction costs to which the Fund would not be subject absent the use of these strategies (other </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">than its covered call writing strategy). Certain derivatives transactions that involve leverage can result in losses that greatly </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">exceed the amount originally invested. Derivatives transactions utilizing instruments denominated in foreign currencies will </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">expose the Fund to foreign currency risk. Derivatives transactions involve risks of mispricing or improper valuation, and the </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">documentation governing a derivative instrument or transaction may be unfavorable or ambiguous. Derivatives transactions may </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">involve commissions and other costs, which may increase the Fund&#8217;s expenses and reduce its return. Various legislative and </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">regulatory initiatives may impact the availability, liquidity and cost of derivative instruments, limit or restrict the ability of the </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">Fund to use certain derivative instruments or transact with certain counterparties as a part of its investment strategy, increase the </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">costs of using derivative instruments or make derivative instruments less effective. In connection with certain derivatives </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">transactions, under current regulatory requirements, to the extent the terms of any such transaction obligate the Fund to make </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">payments, the Fund may be required to segregate liquid assets or otherwise cover such transactions. The Fund also may be </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">required to deposit amounts as premiums or to be held in margin accounts. Such amounts may not otherwise be available to the </span></div></ix:continuation> </ix:continuation> </div> <div style="clear: both;"></div> <div style="float: left; margin-left: 39pt; margin-top: 12pt; width: 516pt; min-height: 12pt;"> <div style="line-height: 10.02pt; text-align: center;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; line-height: 10.02pt; margin-left: 0%;">89</span></div> </div> </div> </div> <div style="float: left; margin-bottom: 5.0pt; width: 100%;"></div> <hr style="clear: both; margin: 40.0pt 0.25pt 0.25pt 0.25pt;" /></div> <div> <div><a id="xx_6f541e02-145b-4442-80b8-adf4d990b3c8_45"></a> <div style="page-break-after: always; position: relative;"> <div style="clear: both;"></div> <div style="float: left; min-height: 696pt; margin-left: 39pt; margin-top: 36pt; width: 516pt;"> <ix:continuation id="t_43_2f31178e_a9a2_3a75_cd74_fd5ab5ccca28_2" continuedAt="t_43_2f31178e_a9a2_3a75_cd74_fd5ab5ccca28_3"> <ix:continuation id="t_63_20e49647_11d4_0b4c_4bef_5eb4ae5cf429_223" continuedAt="t_63_20e49647_11d4_0b4c_4bef_5eb4ae5cf429_224"><div style="line-height: 12.02pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">Fund for investment purposes. The Fund may earn a lower return on its portfolio than it might otherwise earn if it did not have to </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">segregate assets in respect of, or otherwise cover, its derivatives transactions positions. To the extent the Fund&#8217;s assets are </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">segregated or committed as cover, it could limit the Fund&#8217;s investment flexibility. Segregating assets and covering positions will </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">not limit or offset losses on related positions. Participation in derivatives market transactions involves investment risks and </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">transaction costs to which the Fund would not be subject absent the use of these strategies. </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">The skills necessary to successfully </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">execute derivatives strategies may be different from those for more traditional portfolio management techniques, and if the Sub-Adviser</span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"> is incorrect about its expectations of market conditions, the use of derivatives could also result in a loss, which in some </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">cases may be unlimited. Additional risks inherent in the use of derivatives include:</span></div></ix:continuation> </ix:continuation> <ix:continuation id="t_43_2f31178e_a9a2_3a75_cd74_fd5ab5ccca28_3" continuedAt="t_43_2f31178e_a9a2_3a75_cd74_fd5ab5ccca28_4"> <ix:continuation id="t_63_20e49647_11d4_0b4c_4bef_5eb4ae5cf429_224" continuedAt="t_63_20e49647_11d4_0b4c_4bef_5eb4ae5cf429_225"><div> <div style="clear: both; margin-top: 9.70pt; position: relative; width: 100%;"> <div style="float: left; line-height: 12.02pt; text-align: left; width: 3.51pt;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">&#8226;</span></div> <div style="float: left; line-height: 12.02pt; margin-left: 25.49pt; text-align: justify; width: 482.00pt;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">dependence on the Sub-Adviser&#8217;s ability to predict correctly movements in the direction of interest rates and securities </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">prices;</span></div> </div> <div style="clear: both; position: relative;"></div> </div></ix:continuation> </ix:continuation> <ix:continuation id="t_43_2f31178e_a9a2_3a75_cd74_fd5ab5ccca28_4" continuedAt="t_43_2f31178e_a9a2_3a75_cd74_fd5ab5ccca28_5"> <ix:continuation id="t_63_20e49647_11d4_0b4c_4bef_5eb4ae5cf429_225" continuedAt="t_63_20e49647_11d4_0b4c_4bef_5eb4ae5cf429_226"><div> <div style="clear: both; margin-top: 9.71pt; position: relative; width: 100%;"> <div style="float: left; line-height: 12.02pt; text-align: left; width: 3.51pt;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">&#8226;</span></div> <div style="float: left; line-height: 12.02pt; margin-left: 25.49pt; text-align: left; width: 482.00pt;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">imperfect correlation between the price of derivatives and movements in the prices of the securities being hedged;</span></div> </div> <div style="clear: both; position: relative;"></div> </div></ix:continuation> </ix:continuation> <ix:continuation id="t_43_2f31178e_a9a2_3a75_cd74_fd5ab5ccca28_5" continuedAt="t_43_2f31178e_a9a2_3a75_cd74_fd5ab5ccca28_6"> <ix:continuation id="t_63_20e49647_11d4_0b4c_4bef_5eb4ae5cf429_226" continuedAt="t_63_20e49647_11d4_0b4c_4bef_5eb4ae5cf429_227"><div> <div style="clear: both; margin-top: 9.70pt; position: relative; width: 100%;"> <div style="float: left; line-height: 12.02pt; text-align: left; width: 3.51pt;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">&#8226;</span></div> <div style="float: left; line-height: 12.02pt; margin-left: 25.49pt; text-align: left; width: 482.00pt;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">the fact that skills needed to use these strategies are different from those needed to select portfolio securities;</span></div> </div> <div style="clear: both; position: relative;"></div> </div></ix:continuation> </ix:continuation> <ix:continuation id="t_43_2f31178e_a9a2_3a75_cd74_fd5ab5ccca28_6" continuedAt="t_43_2f31178e_a9a2_3a75_cd74_fd5ab5ccca28_7"> <ix:continuation id="t_63_20e49647_11d4_0b4c_4bef_5eb4ae5cf429_227" continuedAt="t_63_20e49647_11d4_0b4c_4bef_5eb4ae5cf429_228"><div> <div style="clear: both; margin-top: 9.70pt; position: relative; width: 100%;"> <div style="float: left; line-height: 12.02pt; text-align: left; width: 3.51pt;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">&#8226;</span></div> <div style="float: left; line-height: 12.02pt; margin-left: 25.49pt; text-align: left; width: 482.00pt;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">the possible absence of a liquid secondary market for any particular instrument at any time;</span></div> </div> <div style="clear: both; position: relative;"></div> </div></ix:continuation> </ix:continuation> <ix:continuation id="t_43_2f31178e_a9a2_3a75_cd74_fd5ab5ccca28_7" continuedAt="t_43_2f31178e_a9a2_3a75_cd74_fd5ab5ccca28_8"> <ix:continuation id="t_63_20e49647_11d4_0b4c_4bef_5eb4ae5cf429_228" continuedAt="t_63_20e49647_11d4_0b4c_4bef_5eb4ae5cf429_229"><div> <div style="clear: both; margin-top: 9.70pt; position: relative; width: 100%;"> <div style="float: left; line-height: 12.02pt; text-align: left; width: 3.51pt;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">&#8226;</span></div> <div style="float: left; line-height: 12.02pt; margin-left: 25.49pt; text-align: left; width: 482.00pt;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">the possible need to defer closing out certain hedged positions to avoid adverse tax consequences;</span></div> </div> <div style="clear: both; position: relative;"></div> </div></ix:continuation> </ix:continuation> <ix:continuation id="t_43_2f31178e_a9a2_3a75_cd74_fd5ab5ccca28_8" continuedAt="t_43_2f31178e_a9a2_3a75_cd74_fd5ab5ccca28_9"> <ix:continuation id="t_63_20e49647_11d4_0b4c_4bef_5eb4ae5cf429_229" continuedAt="t_63_20e49647_11d4_0b4c_4bef_5eb4ae5cf429_230"><div> <div style="clear: both; margin-top: 9.70pt; position: relative; width: 100%;"> <div style="float: left; line-height: 12.02pt; text-align: left; width: 3.51pt;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">&#8226;</span></div> <div style="float: left; line-height: 12.02pt; margin-left: 25.49pt; text-align: justify; width: 482.00pt;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">the possible inability of the Fund to purchase or sell a security at a time that otherwise would be favorable for it to do so, </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">or the possible need for the Fund to sell a security at a disadvantageous time due to a need for the Fund to maintain </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">&#8220;cover&#8221; or to segregate securities in connection with the hedging techniques; and</span></div> </div> <div style="clear: both; position: relative;"></div> </div></ix:continuation> </ix:continuation> <ix:continuation id="t_43_2f31178e_a9a2_3a75_cd74_fd5ab5ccca28_9" continuedAt="t_43_2f31178e_a9a2_3a75_cd74_fd5ab5ccca28_10"> <ix:continuation id="t_63_20e49647_11d4_0b4c_4bef_5eb4ae5cf429_230" continuedAt="t_63_20e49647_11d4_0b4c_4bef_5eb4ae5cf429_231"><div> <div style="clear: both; margin-top: 9.70pt; position: relative; width: 100%;"> <div style="float: left; line-height: 12.02pt; text-align: left; width: 3.51pt;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">&#8226;</span></div> <div style="float: left; line-height: 12.02pt; margin-left: 25.49pt; text-align: left; width: 482.00pt;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">the creditworthiness of counterparties.</span></div> </div> <div style="clear: both; position: relative;"></div> </div></ix:continuation> </ix:continuation> <ix:continuation id="t_63_20e49647_11d4_0b4c_4bef_5eb4ae5cf429_231" continuedAt="t_63_20e49647_11d4_0b4c_4bef_5eb4ae5cf429_232"><ix:continuation id="t_43_2f31178e_a9a2_3a75_cd74_fd5ab5ccca28_10" continuedAt="t_43_2f31178e_a9a2_3a75_cd74_fd5ab5ccca28_11"> <div style="line-height: 12.02pt; margin-top: 9.70pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-style: italic; margin-left: 29pt;">Futures Transactions Risk</span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">. The Fund may invest in futures contracts and options on futures contracts. Futures and options </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">on futures entail certain risks, including but not limited to the following:</span></div> </ix:continuation></ix:continuation> <ix:continuation id="t_43_2f31178e_a9a2_3a75_cd74_fd5ab5ccca28_11" continuedAt="t_43_2f31178e_a9a2_3a75_cd74_fd5ab5ccca28_12"> <ix:continuation id="t_63_20e49647_11d4_0b4c_4bef_5eb4ae5cf429_232" continuedAt="t_63_20e49647_11d4_0b4c_4bef_5eb4ae5cf429_233"><div> <div style="clear: both; margin-top: 9.70pt; position: relative; width: 100%;"> <div style="float: left; line-height: 12.02pt; text-align: left; width: 3.51pt;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">&#8226;</span></div> <div style="float: left; line-height: 12.02pt; margin-left: 25.49pt; text-align: left; width: 482.00pt;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">no assurance that futures contracts or options on futures can be offset at favorable prices;</span></div> </div> <div style="clear: both; position: relative;"></div> </div></ix:continuation> </ix:continuation> <ix:continuation id="t_43_2f31178e_a9a2_3a75_cd74_fd5ab5ccca28_12" continuedAt="t_43_2f31178e_a9a2_3a75_cd74_fd5ab5ccca28_13"> <ix:continuation id="t_63_20e49647_11d4_0b4c_4bef_5eb4ae5cf429_233" continuedAt="t_63_20e49647_11d4_0b4c_4bef_5eb4ae5cf429_234"><div> <div style="clear: both; margin-top: 9.70pt; position: relative; width: 100%;"> <div style="float: left; line-height: 12.02pt; text-align: left; width: 3.51pt;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">&#8226;</span></div> <div style="float: left; line-height: 12.02pt; margin-left: 25.49pt; text-align: left; width: 482.00pt;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">possible reduction of the return of the Fund due to their use for hedging;</span></div> </div> <div style="clear: both; position: relative;"></div> </div></ix:continuation> </ix:continuation> <ix:continuation id="t_63_20e49647_11d4_0b4c_4bef_5eb4ae5cf429_234" continuedAt="t_63_20e49647_11d4_0b4c_4bef_5eb4ae5cf429_235"><ix:continuation id="t_43_2f31178e_a9a2_3a75_cd74_fd5ab5ccca28_13" continuedAt="t_43_2f31178e_a9a2_3a75_cd74_fd5ab5ccca28_14"> <div> <div style="clear: both; margin-top: 9.71pt; position: relative; width: 100%;"> <div style="float: left; line-height: 12.02pt; text-align: left; width: 3.51pt;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">&#8226;</span></div> <div style="float: left; line-height: 12.02pt; margin-left: 25.49pt; text-align: left; width: 482.00pt;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">possible reduction in value of both the securities hedged and the hedging instrument;</span></div> </div> <div style="clear: both; position: relative;"></div> </div> </ix:continuation></ix:continuation> <ix:continuation id="t_43_2f31178e_a9a2_3a75_cd74_fd5ab5ccca28_14" continuedAt="t_43_2f31178e_a9a2_3a75_cd74_fd5ab5ccca28_15"> <ix:continuation id="t_63_20e49647_11d4_0b4c_4bef_5eb4ae5cf429_235" continuedAt="t_63_20e49647_11d4_0b4c_4bef_5eb4ae5cf429_236"><div> <div style="clear: both; margin-top: 9.70pt; position: relative; width: 100%;"> <div style="float: left; line-height: 12.02pt; text-align: left; width: 3.51pt;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">&#8226;</span></div> <div style="float: left; line-height: 12.02pt; margin-left: 25.49pt; text-align: justify; width: 482.00pt;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">possible lack of liquidity, trading restrictions or limitations that may be imposed by an exchange, and the potential that </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">government regulations may restrict trading</span></div> </div> <div style="clear: both; position: relative;"></div> </div></ix:continuation> </ix:continuation> <ix:continuation id="t_43_2f31178e_a9a2_3a75_cd74_fd5ab5ccca28_15" continuedAt="t_43_2f31178e_a9a2_3a75_cd74_fd5ab5ccca28_16"> <ix:continuation id="t_63_20e49647_11d4_0b4c_4bef_5eb4ae5cf429_236" continuedAt="t_63_20e49647_11d4_0b4c_4bef_5eb4ae5cf429_237"><div> <div style="clear: both; margin-top: 9.70pt; position: relative; width: 100%;"> <div style="float: left; line-height: 12.02pt; text-align: left; width: 3.51pt;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">&#8226;</span></div> <div style="float: left; line-height: 12.02pt; margin-left: 25.49pt; text-align: left; width: 482.00pt;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">imperfect correlation between the contracts and the securities being hedged; and</span></div> </div> <div style="clear: both; position: relative;"></div> </div></ix:continuation> </ix:continuation> <ix:continuation id="t_43_2f31178e_a9a2_3a75_cd74_fd5ab5ccca28_16" continuedAt="t_43_2f31178e_a9a2_3a75_cd74_fd5ab5ccca28_17"> <ix:continuation id="t_63_20e49647_11d4_0b4c_4bef_5eb4ae5cf429_237" continuedAt="t_63_20e49647_11d4_0b4c_4bef_5eb4ae5cf429_238"><div> <div style="clear: both; margin-top: 9.70pt; position: relative; width: 100%;"> <div style="float: left; line-height: 12.02pt; text-align: left; width: 3.51pt;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">&#8226;</span></div> <div style="float: left; line-height: 12.02pt; margin-left: 25.49pt; text-align: justify; width: 482.00pt;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">losses from investing in futures transactions that are potentially unlimited and the segregation requirements for such </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">transactions.</span></div> </div> <div style="clear: both; position: relative;"></div> </div></ix:continuation> </ix:continuation> <ix:continuation id="t_43_2f31178e_a9a2_3a75_cd74_fd5ab5ccca28_17" continuedAt="t_43_2f31178e_a9a2_3a75_cd74_fd5ab5ccca28_18"> <ix:continuation id="t_63_20e49647_11d4_0b4c_4bef_5eb4ae5cf429_238" continuedAt="t_63_20e49647_11d4_0b4c_4bef_5eb4ae5cf429_239"><div style="line-height: 12.02pt; margin-top: 9.70pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;">Under current regulatory requirements, with respect to futures contracts that are not contractually required to &#8220;cash-settle,&#8221;</span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"> the Fund usually must cover its open positions by earmarking or segregating on its records cash or liquid assets equal to </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">the contract&#8217;s notional value. For futures contracts that are &#8220;cash-settled,&#8221; however, the Fund is permitted to earmark or segregate </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">cash or liquid assets in an amount equal to the Fund&#8217;s next daily marked-to-market (net) obligation, if any (i.e., the Fund&#8217;s daily </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">net liability) rather than the notional value. By earmarking or designating assets equal to only its net obligation under cash-settled</span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"> futures, the Fund will have the ability to employ leverage to a greater extent than if the Fund were required to earmark or </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">segregate assets equal to the full notional value of such contracts. However, as described above, the SEC adopted a final rule </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">related to the use of derivatives, reverse repurchase agreements and certain other transactions by registered investment </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">companies that will rescind and withdraw the guidance of the SEC and its staff regarding asset segregation and coverage </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">transactions reflected in the Fund&#8217;s asset segregation and cover practices discussed herein.</span></div></ix:continuation> </ix:continuation> <ix:continuation id="t_43_2f31178e_a9a2_3a75_cd74_fd5ab5ccca28_18" continuedAt="t_43_2f31178e_a9a2_3a75_cd74_fd5ab5ccca28_19"> <ix:continuation id="t_63_20e49647_11d4_0b4c_4bef_5eb4ae5cf429_239" continuedAt="t_63_20e49647_11d4_0b4c_4bef_5eb4ae5cf429_240"><div style="line-height: 12.02pt; margin-top: 9.81pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-style: italic; margin-left: 29pt;">Counterparty Risk</span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">. Counterparty risk is the risk that a counterparty to a Fund transaction (e.g., prime brokerage or </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">securities lending arrangement or derivatives transaction) will be unable or unwilling to perform its contractual obligation to the </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">Fund. The Fund is exposed to credit risks that the counterparty may be unwilling or unable to make timely payments or </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">otherwise meet its contractual obligations. If the counterparty becomes bankrupt or defaults on (or otherwise becomes unable or </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">unwilling to perform) its payment or other obligations to the Fund, the Fund may not receive the full amount that it is entitled to </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">receive or may experience delays in recovering the collateral or other assets held by, or on behalf of, the counterparty. If this </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">occurs, or if exercising contractual rights involves delays or costs for the Fund, the value of your shares in the Fund may </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">decrease.</span></div></ix:continuation> </ix:continuation> </div> <div style="clear: both;"></div> <div style="float: left; margin-left: 39pt; margin-top: 12pt; width: 516pt; min-height: 12pt;"> <div style="line-height: 10.02pt; text-align: center;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; line-height: 10.02pt; margin-left: 0%;">90</span></div> </div> </div> </div> <div style="float: left; margin-bottom: 5.0pt; width: 100%;"></div> <hr style="clear: both; margin: 40.0pt 0.25pt 0.25pt 0.25pt;" /></div> <div> <div><a id="xx_6f541e02-145b-4442-80b8-adf4d990b3c8_46"></a> <div style="page-break-after: always; position: relative;"> <div style="clear: both;"></div> <div style="float: left; min-height: 696pt; margin-left: 39pt; margin-top: 36pt; width: 516pt;"> <ix:continuation id="t_43_2f31178e_a9a2_3a75_cd74_fd5ab5ccca28_19" continuedAt="t_43_2f31178e_a9a2_3a75_cd74_fd5ab5ccca28_20"> <ix:continuation id="t_63_20e49647_11d4_0b4c_4bef_5eb4ae5cf429_240" continuedAt="t_63_20e49647_11d4_0b4c_4bef_5eb4ae5cf429_241"><div style="line-height: 12.02pt; margin-top: 10pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;">The Fund bears the risk that counterparties may be adversely affected by legislative or regulatory changes, adverse </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">market conditions (such as the current conditions), increased competition, and/or wide scale credit losses resulting from </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">financial difficulties of the counterparties&#8217; other trading partners or borrowers.</span></div></ix:continuation> </ix:continuation> <ix:continuation id="t_43_2f31178e_a9a2_3a75_cd74_fd5ab5ccca28_20" continuedAt="t_43_2f31178e_a9a2_3a75_cd74_fd5ab5ccca28_21"> <ix:continuation id="t_63_20e49647_11d4_0b4c_4bef_5eb4ae5cf429_241" continuedAt="t_63_20e49647_11d4_0b4c_4bef_5eb4ae5cf429_242"><div style="line-height: 12.02pt; margin-top: 9.80pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;">The counterparty risk for cleared derivatives is generally lower than for uncleared OTC derivatives transactions since </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">generally a clearing organization becomes substituted for each counterparty to a cleared derivative contract and, in effect, </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">guarantees the parties&#8217; performance under the contract as each party to a trade looks only to the clearing organization for </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">performance of financial obligations under the derivative contract. However, there can be no assurance that a clearing </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">organization, or its members, will satisfy its obligations to the Fund.</span></div></ix:continuation> </ix:continuation> <ix:continuation id="t_43_2f31178e_a9a2_3a75_cd74_fd5ab5ccca28_21" continuedAt="t_43_2f31178e_a9a2_3a75_cd74_fd5ab5ccca28_22"> <ix:continuation id="t_63_20e49647_11d4_0b4c_4bef_5eb4ae5cf429_242" continuedAt="t_63_20e49647_11d4_0b4c_4bef_5eb4ae5cf429_243"><div style="line-height: 12.02pt; margin-top: 9.80pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-style: italic; margin-left: 29pt;">Risks Associated with Swaps</span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">. The Fund may enter into swap transactions, including credit default swaps, total return </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">swaps, index swaps, currency swaps, commodity swaps and interest rate swaps, as well as options thereon, and may purchase or </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">sell interest rate caps, floors and collars. The Fund may utilize swap agreements in an attempt to gain exposure to certain </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">securities without purchasing those securities, which is speculative, or to hedge a position.</span></div></ix:continuation> </ix:continuation> <ix:continuation id="t_43_2f31178e_a9a2_3a75_cd74_fd5ab5ccca28_22" continuedAt="t_43_2f31178e_a9a2_3a75_cd74_fd5ab5ccca28_23"> <ix:continuation id="t_63_20e49647_11d4_0b4c_4bef_5eb4ae5cf429_243" continuedAt="t_63_20e49647_11d4_0b4c_4bef_5eb4ae5cf429_244"><div style="line-height: 12.02pt; margin-top: 9.90pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;">Risks associated with the use of swap agreements are different from those associated with ordinary portfolio securities </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">transactions, largely due to the fact they could be considered illiquid and many swaps currently trade on the OTC market. If the </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">Sub-Adviser is incorrect in its forecasts of market values, interest rates or currency exchange rates, the investment performance </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">of the Fund may be less favorable than it would have been if these investment techniques were not used. Such transactions are </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">subject to market risk, risk of default by the other party to the transaction and risk of imperfect correlation between the value of </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">such instruments and the underlying assets and may involve commissions or other costs. Swaps generally do not involve the </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">delivery of securities, other underlying assets or principal. Accordingly, the risk of loss with respect to swaps generally is limited </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">to the net amount of payments that the Fund is contractually obligated to make, or in the case of the other party to a swap </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">defaulting, the net amount of payments that the Fund is contractually entitled to receive. Swaps are subject to valuation, liquidity </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">and leveraging risks and could result in substantial losses to the Fund.</span></div></ix:continuation> </ix:continuation> <ix:continuation id="t_43_2f31178e_a9a2_3a75_cd74_fd5ab5ccca28_23" continuedAt="t_43_2f31178e_a9a2_3a75_cd74_fd5ab5ccca28_24"> <ix:continuation id="t_63_20e49647_11d4_0b4c_4bef_5eb4ae5cf429_244" continuedAt="t_63_20e49647_11d4_0b4c_4bef_5eb4ae5cf429_245"><div style="line-height: 12.02pt; margin-top: 9.90pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;">Swaps may effectively add leverage to the Fund&#8217;s portfolio because the Fund would be subject to investment exposure on </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">the full notional amount of the swap. Swaps are subject to the risk that a counterparty will default on its payment obligations to </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">the Fund thereunder.</span></div></ix:continuation> </ix:continuation> <ix:continuation id="t_43_2f31178e_a9a2_3a75_cd74_fd5ab5ccca28_24" continuedAt="t_43_2f31178e_a9a2_3a75_cd74_fd5ab5ccca28_25"> <ix:continuation id="t_63_20e49647_11d4_0b4c_4bef_5eb4ae5cf429_245" continuedAt="t_63_20e49647_11d4_0b4c_4bef_5eb4ae5cf429_246"><div style="line-height: 12.02pt; margin-top: 9.90pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;">When the Fund acts as a seller of a credit default swap agreement with respect to a debt security, it is subject to the risk </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">that an adverse credit event may occur with respect to the issuer of the debt security and the Fund may be required to pay the </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">buyer the full notional value of the debt security under the swap net of any amounts owed to the Fund by the buyer under the </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">swap (such as the buyer&#8217;s obligation to deliver the debt security to the Fund). As a result, the Fund bears the entire risk of loss </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">due to a decline in value of a referenced debt security on a credit default swap it has sold if there is a credit event with respect to </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">the issuer of the security. If the Fund is a buyer of a credit default swap and no credit event occurs, the Fund may recover </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">nothing if the swap is held through its termination date. However, if a credit event occurs, the Fund generally may elect to </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">receive the full notional value of the swap in exchange for an equal face amount of deliverable obligations of the reference entity </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">whose value may have significantly decreased.</span></div></ix:continuation> </ix:continuation> <ix:continuation id="t_43_2f31178e_a9a2_3a75_cd74_fd5ab5ccca28_25" continuedAt="t_43_2f31178e_a9a2_3a75_cd74_fd5ab5ccca28_26"> <ix:continuation id="t_63_20e49647_11d4_0b4c_4bef_5eb4ae5cf429_246" continuedAt="t_63_20e49647_11d4_0b4c_4bef_5eb4ae5cf429_247"><div style="line-height: 12.02pt; margin-top: 9.90pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;">The swap market has become more standardized in recent years with a large number of banks and investment banking </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">firms acting both as principals and as agents utilizing standardized swap documentation. As a result, some swaps have become </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">relatively liquid. Although the swap market has become liquid, certain types of derivatives products, such as caps, floors and </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">collars may be less liquid than swaps in general.</span></div></ix:continuation> </ix:continuation> <ix:continuation id="t_43_2f31178e_a9a2_3a75_cd74_fd5ab5ccca28_26" continuedAt="t_43_2f31178e_a9a2_3a75_cd74_fd5ab5ccca28_27"> <ix:continuation id="t_63_20e49647_11d4_0b4c_4bef_5eb4ae5cf429_247" continuedAt="t_63_20e49647_11d4_0b4c_4bef_5eb4ae5cf429_248"><div style="line-height: 12.02pt; margin-top: 9.90pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;">Certain standardized swaps are subject to mandatory exchange-trading and/or central clearing. Exchange-trading and </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">central clearing are expected to reduce counterparty credit risk and increase liquidity, but exchange-trading and central clearing </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">do not make swap transactions risk-free. The Dodd-Frank Wall Street Reform and Consumer Protection Act (the &#8220;Dodd-Frank </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">Act&#8221;) and related regulatory developments require the clearing and exchange-trading of certain OTC derivative instruments that </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">the CFTC and SEC have defined as &#8220;swaps.&#8221; Mandatory exchange-trading and clearing are occurring on a phased-in basis based </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">on CFTC approval of contracts for central clearing. Depending on the Fund&#8217;s size and other factors, the margin required under </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">the rules of the clearinghouse and by the clearing member may be in excess of the collateral required to be posted by the Fund to </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">support its obligations under a similar bilateral swap. In addition, regulators have developed rules that require trading and </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">execution of the most liquid swaps on trading facilities. Moving trading to an exchange-type system may increase market </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">transparency and liquidity but may require the Fund to incur increased expenses to access the same types of cleared and </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">uncleared swaps. In addition, the CFTC and other applicable regulators have adopted rules imposing certain margin </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">requirements, including minimums, on uncleared swaps which may result in the Fund and its counterparties posting higher </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">margin amounts for uncleared swaps. Recently adopted rules also require centralized reporting of detailed information about </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">many types of cleared and uncleared swaps. Reporting of swap data may result in greater market transparency, but may subject </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">the Fund to additional administrative burdens and the safeguards established to protect trader anonymity may not function as </span></div></ix:continuation> </ix:continuation> </div> <div style="clear: both;"></div> <div style="float: left; margin-left: 39pt; margin-top: 12pt; width: 516pt; min-height: 12pt;"> <div style="line-height: 10.02pt; text-align: center;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; line-height: 10.02pt; margin-left: 0%;">91</span></div> </div> </div> </div> <div style="float: left; margin-bottom: 5.0pt; width: 100%;"></div> <hr style="clear: both; margin: 40.0pt 0.25pt 0.25pt 0.25pt;" /></div> <div> <div><a id="xx_6f541e02-145b-4442-80b8-adf4d990b3c8_47"></a> <div style="page-break-after: always; position: relative;"> <div style="clear: both;"></div> <div style="float: left; margin-left: 39pt; margin-top: 36pt; width: 516pt; min-height: 696pt;"> <ix:continuation id="t_43_2f31178e_a9a2_3a75_cd74_fd5ab5ccca28_27" continuedAt="t_43_2f31178e_a9a2_3a75_cd74_fd5ab5ccca28_28"> <ix:continuation id="t_63_20e49647_11d4_0b4c_4bef_5eb4ae5cf429_248" continuedAt="t_63_20e49647_11d4_0b4c_4bef_5eb4ae5cf429_249"><div style="line-height: 12.02pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">expected. The Sub-Adviser will continue to monitor developments in this area, particularly to the extent regulatory changes </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">affect the ability of the Fund to enter into swap agreements. In addition, the CFTC in October 2020 adopted amendments to its </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">position limits rules that establish certain new and amended position limits for 25 specified physical commodity futures and </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">related options contracts traded on exchanges, other futures contracts and related options directly or indirectly linked to such 25 </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">specified contracts, and any OTC transactions that are economically equivalent to the 25 specified contracts.</span></div></ix:continuation> </ix:continuation> <ix:continuation id="t_43_2f31178e_a9a2_3a75_cd74_fd5ab5ccca28_28"> <ix:continuation id="t_63_20e49647_11d4_0b4c_4bef_5eb4ae5cf429_249" continuedAt="t_63_20e49647_11d4_0b4c_4bef_5eb4ae5cf429_250"><div style="line-height: 12.02pt; margin-top: 10.30pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;">Further regulatory developments in the swap market may adversely impact the swap market generally or the Fund&#8217;s </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">ability to use swaps.</span></div></ix:continuation> </ix:continuation> <ix:nonNumeric name="cef:RiskTextBlock" id="t_44_58544c04_0bd8_9c4e_228d_97c9cff6a173" escape="true" continuedAt="t_44_58544c04_0bd8_9c4e_228d_97c9cff6a173_1" contextRef="I20210920_PortfolioTurnoverRiskMember"> <ix:continuation id="t_63_20e49647_11d4_0b4c_4bef_5eb4ae5cf429_250" continuedAt="t_63_20e49647_11d4_0b4c_4bef_5eb4ae5cf429_251"><div style="line-height: 12.02pt; margin-top: 10.30pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-weight: bold;">Portfolio Turnover Risk</span></div></ix:continuation> </ix:nonNumeric> <ix:continuation id="t_44_58544c04_0bd8_9c4e_228d_97c9cff6a173_1"> <ix:continuation id="t_63_20e49647_11d4_0b4c_4bef_5eb4ae5cf429_251" continuedAt="t_63_20e49647_11d4_0b4c_4bef_5eb4ae5cf429_252"><div style="line-height: 12.02pt; margin-top: 10.30pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;">The Fund&#8217;s annual portfolio turnover rate may vary greatly from year to year. Portfolio turnover rate is not considered a </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">limiting factor in the execution of investment decisions for the Fund. A higher portfolio turnover rate results in correspondingly </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">greater brokerage commissions and other transactional expenses that are borne by the Fund. High portfolio turnover may result </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">in an increased realization of net short-term capital gains by the Fund which, when distributed to Common Shareholders, will be </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">taxable as ordinary income. Additionally, in a declining market, portfolio turnover may create realized capital losses. See &#8220;U.S. </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">Federal Income Tax Considerations.&#8221;</span></div></ix:continuation> </ix:continuation> <ix:nonNumeric name="cef:RiskTextBlock" id="t_45_c4e70901_8c2a_b3e3_e0d0_599eeeeb65cd" escape="true" continuedAt="t_45_c4e70901_8c2a_b3e3_e0d0_599eeeeb65cd_1" contextRef="I20210920_USGovernmentSecuritiesRiskMember"> <ix:continuation id="t_63_20e49647_11d4_0b4c_4bef_5eb4ae5cf429_252" continuedAt="t_63_20e49647_11d4_0b4c_4bef_5eb4ae5cf429_253"><div style="line-height: 12.02pt; margin-top: 10.29pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-weight: bold;">U.S. Government Securities Risk</span></div></ix:continuation> </ix:nonNumeric> <ix:continuation id="t_45_c4e70901_8c2a_b3e3_e0d0_599eeeeb65cd_1"> <ix:continuation id="t_63_20e49647_11d4_0b4c_4bef_5eb4ae5cf429_253" continuedAt="t_63_20e49647_11d4_0b4c_4bef_5eb4ae5cf429_254"><div style="line-height: 12.02pt; margin-top: 10.30pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;">Different types of U.S. government securities have different relative levels of credit risk depending on the nature of the </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">particular government support for that security. U.S. government securities may be supported by: (i)&#160;the full faith and credit of </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">the United States government; (ii)&#160;the ability of the issuer to borrow from the U.S. Treasury; (iii)&#160;the credit of the issuing agency, </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">instrumentality or government-sponsored entity (&#8220;GSE&#8221;); (iv)&#160;pools of assets (e.g., mortgage-backed securities); or (v)&#160;the </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">United States in some other way. </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">The U.S. government and its agencies and instrumentalities do not guarantee the market value </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">of their securities, which may fluctuate in value and are subject to investment risks, and certain U.S. government securities may </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">not be backed by the full faith and credit of the United States government. The value of U.S. government obligations may be </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">adversely affected by changes in interest rates. It is possible that the issuers of some U.S. government securities will not have the </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">funds to timely meet their payment obligations in the future and there is a risk of default. For certain agency and GSE issued </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">securities, there is no guarantee the U.S. government will support the agency or GSE if it is unable to meet its obligations.</span></div></ix:continuation> </ix:continuation> <ix:nonNumeric name="cef:RiskTextBlock" id="t_46_ac0d25ac_812d_9e4e_6cb9_c4199401d579" escape="true" continuedAt="t_46_ac0d25ac_812d_9e4e_6cb9_c4199401d579_1" contextRef="I20210920_LegislationAndRegulationRiskMember"> <ix:continuation id="t_63_20e49647_11d4_0b4c_4bef_5eb4ae5cf429_254" continuedAt="t_63_20e49647_11d4_0b4c_4bef_5eb4ae5cf429_255"><div style="line-height: 12.02pt; margin-top: 10.29pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-weight: bold;">Legislation and Regulation Risk</span></div></ix:continuation> </ix:nonNumeric> <ix:continuation id="t_46_ac0d25ac_812d_9e4e_6cb9_c4199401d579_1"> <ix:continuation id="t_63_20e49647_11d4_0b4c_4bef_5eb4ae5cf429_255" continuedAt="t_63_20e49647_11d4_0b4c_4bef_5eb4ae5cf429_256"><div style="line-height: 12.02pt; margin-top: 10.30pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;">At any time after the date hereof, U.S. and non-U.S. governmental agencies and other regulators may implement </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">additional regulations and legislators may pass new laws that affect the investments held by the Fund, the strategies used by the </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">Fund or the level of regulation or taxation applying to the Fund (such as regulations related to investments in derivatives and </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">other transactions). These regulations and laws impact the investment strategies, performance, costs and operations of the Fund, </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">as well as the way investments in, and shareholders of, the Fund are taxed.</span></div></ix:continuation> </ix:continuation> <ix:nonNumeric name="cef:RiskTextBlock" id="t_47_662ffefc_a6a5_11b8_b729_fd5a2097f6cd" escape="true" continuedAt="t_47_662ffefc_a6a5_11b8_b729_fd5a2097f6cd_1" contextRef="I20210920_LIBORReplacementRiskMember"> <ix:continuation id="t_63_20e49647_11d4_0b4c_4bef_5eb4ae5cf429_256" continuedAt="t_63_20e49647_11d4_0b4c_4bef_5eb4ae5cf429_257"><div style="line-height: 12.02pt; margin-top: 10.29pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-weight: bold;">LIBOR Replacement Risk</span></div></ix:continuation> </ix:nonNumeric> <ix:continuation id="t_47_662ffefc_a6a5_11b8_b729_fd5a2097f6cd_1" continuedAt="t_47_662ffefc_a6a5_11b8_b729_fd5a2097f6cd_2"> <ix:continuation id="t_63_20e49647_11d4_0b4c_4bef_5eb4ae5cf429_257" continuedAt="t_63_20e49647_11d4_0b4c_4bef_5eb4ae5cf429_258"><div style="line-height: 12.02pt; margin-top: 10.30pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;">The terms of many investments, financings or other transactions in the U.S. and globally have been historically tied to </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">interbank reference rates (referred to collectively as the &#8220;London Interbank Offered Rate&#8221; or &#8220;LIBOR&#8221;), which function as a </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">reference rate or benchmark for such investments, financings or other transactions. </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">LIBOR may be a significant factor in </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">determining payment obligations under derivatives transactions, the cost of financing of Fund investments or the value or return </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">on certain other Fund investments. As a result, LIBOR may be relevant to, and directly affect, the Fund&#8217;s performance.</span></div></ix:continuation> </ix:continuation> <ix:continuation id="t_47_662ffefc_a6a5_11b8_b729_fd5a2097f6cd_2" continuedAt="t_47_662ffefc_a6a5_11b8_b729_fd5a2097f6cd_3"> <ix:continuation id="t_63_20e49647_11d4_0b4c_4bef_5eb4ae5cf429_258" continuedAt="t_63_20e49647_11d4_0b4c_4bef_5eb4ae5cf429_259"><div style="line-height: 12.02pt; margin-top: 10.30pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;">On July 27, 2017, the Chief Executive of the Financial Conduct Authority (&#8220;FCA&#8221;), the United Kingdom&#8217;s financial </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">regulatory body and regulator of LIBOR, announced that after 2021 it will cease its active encouragement of banks to provide </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">the quotations needed to sustain LIBOR due to the absence of an active market for interbank unsecured lending and other </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">reasons. On March&#160;5, 2021, the FCA and the LIBOR administrator announced that most tenors and settings of LIBOR will be </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">officially discontinued on December&#160;31, 2021 and the most widely used U.S. dollar LIBOR tenors will be discontinued on </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">June&#160;30, 2023 and that such LIBOR rates will no longer be sufficiently robust to be representative of their underlying markets </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">around that time. Various financial industry groups have begun planning for that transition and certain regulators and industry </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">groups have taken actions to establish alternative reference rates (e.g., the Secured Overnight Financing Rate, which measures </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">the cost of overnight borrowings through repurchase agreement transactions collateralized with U.S. Treasury securities and is </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">intended to replace U.S. dollar LIBOR with certain adjustments). However, there are challenges to converting contracts and </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">transactions to a new benchmark and neither the full effects of the transition process nor its ultimate outcome is known.</span></div></ix:continuation> </ix:continuation> </div> <div style="clear: both;"></div> <div style="float: left; margin-left: 39pt; margin-top: 12pt; width: 516pt; min-height: 12pt;"> <div style="line-height: 10.02pt; text-align: center;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; line-height: 10.02pt; margin-left: 0%;">92</span></div> </div> </div> </div> <div style="float: left; margin-bottom: 5.0pt; width: 100%;"></div> <hr style="clear: both; margin: 40.0pt 0.25pt 0.25pt 0.25pt;" /></div> <div> <div><a id="xx_6f541e02-145b-4442-80b8-adf4d990b3c8_48"></a> <div style="page-break-after: always; position: relative;"> <div style="clear: both;"></div> <div style="float: left; margin-left: 39pt; margin-top: 36pt; width: 516pt; min-height: 696pt;"> <ix:continuation id="t_47_662ffefc_a6a5_11b8_b729_fd5a2097f6cd_3" continuedAt="t_47_662ffefc_a6a5_11b8_b729_fd5a2097f6cd_4"> <ix:continuation id="t_63_20e49647_11d4_0b4c_4bef_5eb4ae5cf429_259" continuedAt="t_63_20e49647_11d4_0b4c_4bef_5eb4ae5cf429_260"><div style="line-height: 12.02pt; margin-top: 10pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;">The transition process might lead to increased volatility and illiquidity in markets for instruments with terms tied to </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">LIBOR. It could also lead to a reduction in the interest rates on, and the value of, some LIBOR-based investments and reduce </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">the effectiveness of hedges mitigating risk in connection with LIBOR-based investments. Although some LIBOR-based </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">instruments may contemplate a scenario where LIBOR is no longer available by providing for an alternative rate-setting </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">methodology or increased costs for certain LIBOR-related instruments or financing transactions, others may not have such </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">provisions and there may be significant uncertainty regarding the effectiveness of any such alternative methodologies. </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">Instruments that include robust fallback provisions to facilitate the transition from LIBOR to an alternative reference rate may </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">also include adjustments that do not adequately compensate the holder for the different characteristics of the alternative </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">reference rate. The result may be that the fallback provision results in a value transfer from one party to the instrument to the </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">counterparty. Additionally, because such provisions may differ across instruments (e.g., hedges versus cash positions hedged), </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">LIBOR&#8217;s cessation may give rise to basis risk and render hedges less effective. As the usefulness of LIBOR as a benchmark </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">could deteriorate during the transition period, these effects and related adverse conditions could occur prior to the end of some </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">LIBOR tenors in 2021 or the remaining LIBOR tenors in mid-2023. There also remains uncertainty and risk regarding the </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">willingness and ability of issuers to include enhanced provisions in new and existing contracts or instruments. The effect of any </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">changes to, or discontinuation of, LIBOR on the Fund will vary depending, among other things, on (1) existing fallback or </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">termination provisions in individual contracts and the possible renegotiation of existing contracts and (2) whether, how, and </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">when industry participants develop and adopt new reference rates and fallbacks for both legacy and new products and </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">instruments. Fund investments may also be tied to other interbank offered rates and currencies, which also will face similar </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">issues. In many cases, in the event that an instrument falls back to an alternative reference rate, including the Secured Overnight </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">Financing Rate (&#8220;SOFR&#8221;), the alternative reference rate will not perform the same as LIBOR because the alternative reference </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">rates do not include a credit sensitive component in the calculation of the rate. The alternative reference rates are generally </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">secured by U.S. treasury securities and will reflect the performance of the market for U.S. treasury securities and not the inter-bank</span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"> lending markets. In the event of a credit crisis, floating rate instruments using alternative reference rates could therefore </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">perform differently than those instruments using a rate indexed to the inter-bank lending market.</span></div></ix:continuation> </ix:continuation> <ix:continuation id="t_47_662ffefc_a6a5_11b8_b729_fd5a2097f6cd_4" continuedAt="t_47_662ffefc_a6a5_11b8_b729_fd5a2097f6cd_5"> <ix:continuation id="t_63_20e49647_11d4_0b4c_4bef_5eb4ae5cf429_260" continuedAt="t_63_20e49647_11d4_0b4c_4bef_5eb4ae5cf429_261"><div style="line-height: 12.02pt; margin-top: 10.30pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;">The state of New York recently adopted legislation that would require LIBOR-based contracts that do not include a </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">fallback to a rate other than LIBOR or an inter-bank quotation poll to use a SOFR-based rate plus a spread adjustment. Pending </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">legislation in the U.S. Congress may also affect the transition of LIBOR-based instruments as well by permitting trustees and </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">calculation agents to transition instruments with no LIBOR transition language to an alternative reference rate selected by such </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">agents. The New York statute and the federal legislative proposal includes safe harbors from liability, which may limit the </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">recourse the Fund may have if the alternative reference rate does not fully compensate the Fund for the transition of an </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">instrument from LIBOR. If enacted, the federal legislation may also preempt the New York statute, which may create uncertainty </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">to the extent a party has sought to rely on the New York statute to select a replacement benchmark rate.</span></div></ix:continuation> </ix:continuation> <ix:continuation id="t_47_662ffefc_a6a5_11b8_b729_fd5a2097f6cd_5"> <ix:continuation id="t_63_20e49647_11d4_0b4c_4bef_5eb4ae5cf429_261" continuedAt="t_63_20e49647_11d4_0b4c_4bef_5eb4ae5cf429_262"><div style="line-height: 12.02pt; margin-top: 10.30pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;">These developments could negatively affect financial markets in general and present heightened risks, including with </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">respect to the Fund&#8217;s investments. As a result of this uncertainty and developments relating to the transition process, the Fund </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">and its investments may be adversely affected.</span></div></ix:continuation> </ix:continuation> <ix:nonNumeric name="cef:RiskTextBlock" id="t_48_81a1dd23_d00a_a295_899d_85ceea058e66" escape="true" continuedAt="t_48_81a1dd23_d00a_a295_899d_85ceea058e66_1" contextRef="I20210920_RecentMarketDevelopmentsRiskMember"> <ix:continuation id="t_63_20e49647_11d4_0b4c_4bef_5eb4ae5cf429_262" continuedAt="t_63_20e49647_11d4_0b4c_4bef_5eb4ae5cf429_263"><div style="line-height: 12.02pt; margin-top: 10.30pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-weight: bold;">Recent Market Developments Risk</span></div></ix:continuation> </ix:nonNumeric> <ix:continuation id="t_48_81a1dd23_d00a_a295_899d_85ceea058e66_1" continuedAt="t_48_81a1dd23_d00a_a295_899d_85ceea058e66_2"> <ix:continuation id="t_63_20e49647_11d4_0b4c_4bef_5eb4ae5cf429_263" continuedAt="t_63_20e49647_11d4_0b4c_4bef_5eb4ae5cf429_264"><div style="line-height: 12.02pt; margin-top: 10.29pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;">Periods of market volatility remain, and may continue to occur in the future, in response to various political, social, </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">economic and public health events both within and outside of the United States. </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">These conditions have resulted in, and in many </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">cases continue to result in, greater price volatility, less liquidity, widening credit spreads and a lack of price transparency, with </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">certain securities remaining illiquid and of uncertain value. Such market conditions may adversely affect the Fund, including by </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">making valuation of some of the Fund&#8217;s securities uncertain and/or result in sudden and significant valuation increases or </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">declines in the Fund&#8217;s holdings. If there is a significant decline in the value of the Fund&#8217;s portfolio, this may impact the asset </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">coverage levels for the Fund&#8217;s outstanding leverage.</span></div></ix:continuation> </ix:continuation> <ix:continuation id="t_48_81a1dd23_d00a_a295_899d_85ceea058e66_2" continuedAt="t_48_81a1dd23_d00a_a295_899d_85ceea058e66_3"> <ix:continuation id="t_63_20e49647_11d4_0b4c_4bef_5eb4ae5cf429_264" continuedAt="t_63_20e49647_11d4_0b4c_4bef_5eb4ae5cf429_265"><div style="line-height: 12.02pt; margin-top: 10.30pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">Risks resulting from any future debt or other economic or public health crisis could also have a detrimental impact on the global </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">economic recovery, the financial condition of financial institutions and the Fund&#8217;s business, financial condition and results of </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">operation. Market and economic disruptions have affected, and may in the future affect, consumer confidence levels and </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">spending, personal bankruptcy rates, levels of incurrence and default on consumer debt and home prices, among other factors. </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">To the extent uncertainty regarding the U.S. or global economy negatively impacts consumer confidence and consumer credit </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">factors, the Fund&#8217;s business, financial condition and results of operations could be significantly and adversely affected. </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">Downgrades to the credit ratings of major banks could result in increased borrowing costs for such banks and negatively affect </span></div></ix:continuation> </ix:continuation> </div> <div style="clear: both;"></div> <div style="float: left; margin-left: 39pt; margin-top: 12pt; width: 516pt; min-height: 12pt;"> <div style="line-height: 10.02pt; text-align: center;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; line-height: 10.02pt; margin-left: 0%;">93</span></div> </div> </div> </div> <div style="float: left; margin-bottom: 5.0pt; width: 100%;"></div> <hr style="clear: both; margin: 40.0pt 0.25pt 0.25pt 0.25pt;" /></div> <div> <div><a id="xx_6f541e02-145b-4442-80b8-adf4d990b3c8_49"></a> <div style="page-break-after: always; position: relative;"> <div style="clear: both;"></div> <div style="float: left; margin-left: 39pt; margin-top: 36pt; width: 516pt; min-height: 696pt;"> <ix:continuation id="t_48_81a1dd23_d00a_a295_899d_85ceea058e66_3" continuedAt="t_48_81a1dd23_d00a_a295_899d_85ceea058e66_4"> <ix:continuation id="t_63_20e49647_11d4_0b4c_4bef_5eb4ae5cf429_265" continuedAt="t_63_20e49647_11d4_0b4c_4bef_5eb4ae5cf429_266"><div style="line-height: 12.02pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">the broader economy. Moreover, Federal Reserve policy, including with respect to certain interest rates, may also adversely </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">affect the value, volatility and liquidity of dividend- and interest-paying securities. Market volatility, rising interest rates and/or </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">unfavorable economic conditions could impair the Fund&#8217;s ability to achieve its investment objective.</span></div></ix:continuation> </ix:continuation> <ix:continuation id="t_48_81a1dd23_d00a_a295_899d_85ceea058e66_4"> <ix:continuation id="t_63_20e49647_11d4_0b4c_4bef_5eb4ae5cf429_266" continuedAt="t_63_20e49647_11d4_0b4c_4bef_5eb4ae5cf429_267"><div style="line-height: 12.02pt; margin-top: 10.39pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;">The outbreak of COVID-19 and the current recovery underway has caused disruption to consumer demand and economic </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">output and supply chains. There are still travel restrictions and quarantines, and adverse impacts on local and global economies. </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">As with other serious economic disruptions, governmental authorities and regulators have in the past responded (and may in the </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">future respond to similar crises) to this crisis with significant fiscal and monetary policy changes, including by providing direct </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">capital infusions into companies, introducing new monetary programs and considerably lowering interest rates, which, in some </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">cases resulted in negative interest rates and higher inflation. These actions, including their possible unexpected or sudden </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">reversal or potential ineffectiveness, could further increase volatility in securities and other financial markets, reduce market </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">liquidity, continue to cause higher inflation, heighten investor uncertainty and adversely affect the value of the Fund&#8217;s </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">investments and the performance of the Fund.</span></div></ix:continuation> </ix:continuation> <ix:nonNumeric name="cef:RiskTextBlock" id="t_49_92a7afda_c6cf_01df_f851_28f46e57773d" escape="true" continuedAt="t_49_92a7afda_c6cf_01df_f851_28f46e57773d_1" contextRef="I20210920_IncreasingGovernmentAndOtherPublicDebtRiskMember"> <ix:continuation id="t_63_20e49647_11d4_0b4c_4bef_5eb4ae5cf429_267" continuedAt="t_63_20e49647_11d4_0b4c_4bef_5eb4ae5cf429_268"><div style="line-height: 12.02pt; margin-top: 10.29pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-weight: bold;">Increasing Government and other Public Debt Risk</span></div></ix:continuation> </ix:nonNumeric> <ix:continuation id="t_49_92a7afda_c6cf_01df_f851_28f46e57773d_1"> <ix:continuation id="t_63_20e49647_11d4_0b4c_4bef_5eb4ae5cf429_268" continuedAt="t_63_20e49647_11d4_0b4c_4bef_5eb4ae5cf429_269"><div style="line-height: 12.02pt; margin-top: 10.30pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;">Government and other public debt, including municipal obligations in which the Fund may invest, can be adversely </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">affected by large and sudden changes in local and global economic conditions that result in increased debt levels. </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">Although high </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">levels of government and other public debt do not necessarily indicate or cause economic problems, high levels of debt may </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">create certain systemic risks if sound debt management practices are not implemented. A high debt level may increase market </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">pressures to meet an issuer&#8217;s funding needs, which may increase borrowing costs and cause a government or public or municipal </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">entity to issue additional debt, thereby increasing the risk of refinancing. A high debt level also raises concerns that the issuer </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">may be unable or unwilling to repay the principal or interest on its debt, which may adversely impact instruments held by the </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">Fund that rely on such payments. Extraordinary governmental and quasigovernmental responses to the current economic, </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">market, labor and public health conditions are significantly increasing government and other public debt, which heighten these </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">risks and the long term consequences of these actions are not known. Unsustainable debt levels can decline the valuation of </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">currencies, and can prevent a government from implementing effective counter-cyclical fiscal policy during economic </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">downturns or can lead to increases in inflation or generate or contribute to an economic downturn.</span></div></ix:continuation> </ix:continuation> <ix:nonNumeric name="cef:RiskTextBlock" id="t_50_78555940_d984_ae03_099d_9f3fae9e0c9b" escape="true" continuedAt="t_50_78555940_d984_ae03_099d_9f3fae9e0c9b_1" contextRef="I20210920_MunicipalSecuritiesRiskMember"> <ix:continuation id="t_63_20e49647_11d4_0b4c_4bef_5eb4ae5cf429_269" continuedAt="t_63_20e49647_11d4_0b4c_4bef_5eb4ae5cf429_270"><div style="line-height: 12.02pt; margin-top: 10.30pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-weight: bold;">Municipal Securities Risk</span></div></ix:continuation> </ix:nonNumeric> <ix:continuation id="t_50_78555940_d984_ae03_099d_9f3fae9e0c9b_1" continuedAt="t_50_78555940_d984_ae03_099d_9f3fae9e0c9b_2"> <ix:continuation id="t_63_20e49647_11d4_0b4c_4bef_5eb4ae5cf429_270" continuedAt="t_63_20e49647_11d4_0b4c_4bef_5eb4ae5cf429_271"><div style="line-height: 12.02pt; margin-top: 10.30pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;">Municipal securities are subject to a variety of risks, including credit, interest, prepayment, liquidity, and valuation risks. </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">In addition, municipal securities can be adversely affected by (i) unfavorable legislative, political or other developments or </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">events, including natural disasters and public health conditions, and (ii) changes in the economic and fiscal conditions of issuers </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">of municipal securities or the federal government (in cases where it provides financial support to such issuers). Municipal </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">securities may be fully or partially backed by the taxing authority or revenue of a local government, the credit of a private issuer, </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">or the current or anticipated revenues from a specific project, which may be adversely affected as a result of economic and </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">public health conditions. </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">Certain sectors of the municipal bond market have special risks that can affect them more significantly </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">than the market as a whole. Because many municipal instruments are issued to finance similar projects (such as education, </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">health care, transportation and utilities), conditions in these industries can significantly affect the overall municipal market. </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">Municipal securities that are insured may be adversely affected by developments relevant to that particular insurer, or more </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">general developments relevant to the market as a whole. Municipal securities can be difficult to value and be less liquid than </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">other investments, which may affect performance.</span></div></ix:continuation> </ix:continuation> <ix:continuation id="t_50_78555940_d984_ae03_099d_9f3fae9e0c9b_2"> <ix:continuation id="t_63_20e49647_11d4_0b4c_4bef_5eb4ae5cf429_271" continuedAt="t_63_20e49647_11d4_0b4c_4bef_5eb4ae5cf429_272"><div style="line-height: 12.02pt; margin-top: 10.30pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;">Investments in municipal securities are subject to risks associated with the financial health of the issuers of such </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">securities or the revenue associated with underlying projects. For example, the current COVID-19 pandemic has significantly </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">stressed the financial resources of many municipalities and other issuers of municipal securities, which may impair their ability </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">to meet their financial obligations and may harm the value or liquidity of the Fund&#8217;s investments in municipal securities. In </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">particular, responses by municipalities and other governmental authorities to the COVID-19 pandemic have caused disruptions </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">in business and other activities. These and other effects of the COVID-19 pandemic, such as increased unemployment levels, </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">have impacted tax and other revenues of municipalities and other issuers of municipal securities and the financial conditions of </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">such issuers. In addition, in response to the COVID-19 pandemic, governmental authorities and regulators have enacted and are </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">enacting significant fiscal and monetary policy changes, which present heightened risks to municipal securities, and such risks </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">could be even further heightened if these actions are unexpectedly or suddenly discontinued, disrupted, reversed or are </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">ineffective in achieving their desired outcomes or lead to increases in inflation. Furthermore, governmental authorities have </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">proposed various forms of relief for municipal issuers. As a result, there is an increased budgetary and financial pressure on </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">municipalities and other issuers of municipal securities and heightened risk of default or other adverse credit or similar events </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">for issuers of municipal securities, which would adversely impact the Fund&#8217;s investments.</span></div></ix:continuation> </ix:continuation> </div> <div style="clear: both;"></div> <div style="float: left; margin-left: 39pt; margin-top: 12pt; width: 516pt; min-height: 12pt;"> <div style="line-height: 10.02pt; text-align: center;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; line-height: 10.02pt; margin-left: 0%;">94</span></div> </div> </div> </div> <div style="float: left; margin-bottom: 5.0pt; width: 100%;"></div> <hr style="clear: both; margin: 40.0pt 0.25pt 0.25pt 0.25pt;" /></div> <div> <div><a id="xx_6f541e02-145b-4442-80b8-adf4d990b3c8_50"></a> <div style="page-break-after: always; position: relative;"> <div style="clear: both;"></div> <div style="float: left; margin-left: 39pt; margin-top: 36pt; width: 516pt; min-height: 696pt;"> <ix:nonNumeric name="cef:RiskTextBlock" id="t_51_4206c914_9c88_27b8_08dc_fd892654dcf4" escape="true" continuedAt="t_51_4206c914_9c88_27b8_08dc_fd892654dcf4_1" contextRef="I20210920_WhenIssuedAndDelayedDeliveryTransactionsRiskMember"> <ix:continuation id="t_63_20e49647_11d4_0b4c_4bef_5eb4ae5cf429_272" continuedAt="t_63_20e49647_11d4_0b4c_4bef_5eb4ae5cf429_273"><div style="line-height: 12.02pt; margin-top: 10pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-weight: bold;">When-Issued and Delayed Delivery Transactions Risk</span></div></ix:continuation> </ix:nonNumeric> <ix:continuation id="t_51_4206c914_9c88_27b8_08dc_fd892654dcf4_1"> <ix:continuation id="t_63_20e49647_11d4_0b4c_4bef_5eb4ae5cf429_273" continuedAt="t_63_20e49647_11d4_0b4c_4bef_5eb4ae5cf429_274"><div style="line-height: 12.02pt; margin-top: 9.80pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;">Securities purchased on a when-issued or delayed delivery basis may expose the Fund to counterparty risk of default as </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">well as the risk that securities may experience fluctuations in value prior to their actual delivery. The Fund generally will not </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">accrue income with respect to a when-issued or delayed delivery security prior to its stated delivery date. Purchasing securities </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">on a when-issued or delayed delivery basis can involve the additional risk that the price or yield available in the market when the </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">delivery takes place may not be as favorable as that obtained in the transaction itself.</span></div></ix:continuation> </ix:continuation> <ix:nonNumeric name="cef:RiskTextBlock" id="t_52_8d9c9295_d7e0_7675_fe51_45265ab411e8" escape="true" continuedAt="t_52_8d9c9295_d7e0_7675_fe51_45265ab411e8_1" contextRef="I20210920_ShortSalesRiskMember"> <ix:continuation id="t_63_20e49647_11d4_0b4c_4bef_5eb4ae5cf429_274" continuedAt="t_63_20e49647_11d4_0b4c_4bef_5eb4ae5cf429_275"><div style="line-height: 12.02pt; margin-top: 9.80pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-weight: bold;">Short Sales Risk</span></div></ix:continuation> </ix:nonNumeric> <ix:continuation id="t_52_8d9c9295_d7e0_7675_fe51_45265ab411e8_1"> <ix:continuation id="t_63_20e49647_11d4_0b4c_4bef_5eb4ae5cf429_275" continuedAt="t_63_20e49647_11d4_0b4c_4bef_5eb4ae5cf429_276"><div style="line-height: 12.02pt; margin-top: 9.80pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;">The Fund may make short sales of securities. Short selling a security involves selling a borrowed security with the </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">expectation that the value of that security will decline, so that the security may be purchased at a lower price when returning the </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">borrowed security.</span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"> If the price of the security sold short increases between the time of the short sale and the time the Fund </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">replaces the borrowed security, the Fund will incur a loss; conversely, if the price declines, the Fund will realize a capital gain. </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">Any gain will be decreased, and any loss will be increased, by the transaction costs incurred by the Fund, including the costs </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">associated with providing collateral to the broker-dealer (usually cash and liquid securities) and the maintenance of collateral </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">with its custodian. Although the Fund&#8217;s gain is limited to the price at which it sold the security short, its potential loss is </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">theoretically unlimited and is greater than a direct investment in the security itself because the price of the borrowed or reference </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">security may rise. The Fund may not always be able to close out a short position at a particular time or at an acceptable price. A </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">lender may request that borrowed securities be returned to it on short notice, and the Fund may have to buy the borrowed </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">securities at an unfavorable price, resulting in a loss. The Fund may have to pay a premium to borrow the securities and must pay </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">any dividends or interest payable on the securities until they are replaced, which will be expenses of the Fund. Short sales also </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">subject the Fund to risks related to the lender (such as bankruptcy risks) or the general risk that the lender does not comply with </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">its obligations. Government actions also may affect the Fund&#8217;s ability to engage in short selling. The use of physical short sales </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">is typically more expensive than gaining short exposure through derivatives.</span></div></ix:continuation> </ix:continuation> <ix:nonNumeric name="cef:RiskTextBlock" id="t_53_a804e347_7249_3a2e_a805_fe47f01bc046" escape="true" continuedAt="t_53_a804e347_7249_3a2e_a805_fe47f01bc046_1" contextRef="I20210920_RepurchaseAgreementRiskMember"> <ix:continuation id="t_63_20e49647_11d4_0b4c_4bef_5eb4ae5cf429_276" continuedAt="t_63_20e49647_11d4_0b4c_4bef_5eb4ae5cf429_277"><div style="line-height: 12.02pt; margin-top: 9.80pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-weight: bold;">Repurchase Agreement Risk</span></div></ix:continuation> </ix:nonNumeric> <ix:continuation id="t_53_a804e347_7249_3a2e_a805_fe47f01bc046_1" continuedAt="t_53_a804e347_7249_3a2e_a805_fe47f01bc046_2"> <ix:continuation id="t_63_20e49647_11d4_0b4c_4bef_5eb4ae5cf429_277" continuedAt="t_63_20e49647_11d4_0b4c_4bef_5eb4ae5cf429_278"><div style="line-height: 12.02pt; margin-top: 9.80pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;">The Fund may enter into bilateral and tri-party repurchase agreements. In a typical Fund repurchase agreement, the Fund </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">enters into a contract with a broker, dealer, or bank (the &#8220;counterparty&#8221; to the transaction) for the purchase of securities or other </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">assets. The counterparty agrees to repurchase the securities or other assets at a specified future date, or on demand, for a price </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">that is sufficient to return to the Fund its original purchase price, plus an additional amount representing the return on the Fund&#8217;s </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">investment. </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">Such repurchase agreements economically function as a secured loan from the Fund to a counterparty. If the </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">counterparty defaults on the repurchase agreement, the Fund will retain possession of the underlying securities or other assets. If </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">bankruptcy proceedings are commenced with respect to the seller, realization on the collateral by the Fund may be delayed or </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">limited and the Fund may incur additional costs. In such case, the Fund will be subject to risks associated with changes in </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">market value of the collateral securities or other assets. Each Fund intends to enter into repurchase agreements only with </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">brokers, dealers, or banks or other permitted counterparties after the Adviser (or Sub-Adviser) evaluates the creditworthiness of </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">the counterparty. The Fund will not enter into repurchase agreements with the Investment Adviser or Sub-Adviser or their </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">affiliates. Except as described elsewhere in this SAI and as provided under applicable law, the Fund may enter into repurchase </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">agreements without limitation.</span></div></ix:continuation> </ix:continuation> <ix:continuation id="t_53_a804e347_7249_3a2e_a805_fe47f01bc046_2" continuedAt="t_53_a804e347_7249_3a2e_a805_fe47f01bc046_3"> <ix:continuation id="t_63_20e49647_11d4_0b4c_4bef_5eb4ae5cf429_278" continuedAt="t_63_20e49647_11d4_0b4c_4bef_5eb4ae5cf429_279"><div style="line-height: 12.02pt; margin-top: 9.90pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;">Repurchase agreements collateralized fully by cash items, U.S. government securities or by securities issued by an issuer </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">that the Fund&#8217;s Board of Trustees, or its delegate, has determined at the time the repurchase agreement is entered into has an </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">exceptionally strong capacity to meet its financial obligations (&#8220;Qualifying Collateral&#8221;) and meet certain liquidity standards </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">generally may be deemed to be &#8220;collateralized fully&#8221; and may be deemed to be investments in the underlying securities for </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">certain purposes. The Fund may accept collateral other than Qualifying Collateral determined by the Investment Adviser or Sub-Adviser</span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"> to be in the best interests of the Fund to accept as collateral for such repurchase agreement (which may include high </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">yield debt instruments that are rated below investment grade) (&#8220;Alternative Collateral&#8221;). Repurchase agreements secured by </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">Alternative Collateral are not deemed to be &#8220;collateralized fully&#8221; under applicable regulations and the repurchase agreement is </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">therefore considered a separate security issued by the counterparty to the Fund. Accordingly, the Fund must include repurchase </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">agreements that are not &#8220;collateralized fully&#8221; in its calculations of securities issued by the selling institution held by the Fund for </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">purposes of various portfolio diversification and concentration requirements applicable to the Fund. In addition, Alternative </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">Collateral may not qualify as permitted or appropriate investments for the Fund under the Fund&#8217;s investment strategies and </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">limitations. Accordingly, if a counterparty to a repurchase agreement defaults and the Fund takes possession of Alternative </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">Collateral, the Fund may need to promptly dispose of the Alternative Collateral (or other securities held by the Fund, if the Fund </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">exceeds a limitation on a permitted investment by virtue of taking possession of the Alternative Collateral). The Alternative </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">Collateral may be particularly illiquid, especially in times of market volatility or in the case of a counterparty insolvency or </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">bankruptcy, which may restrict the Fund&#8217;s ability to dispose of Alternative Collateral received from the counterparty. Depending </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">on the terms of the repurchase agreement, the Fund may determine to sell the collateral during the term of the repurchase </span></div></ix:continuation> </ix:continuation> </div> <div style="clear: both;"></div> <div style="float: left; margin-left: 39pt; margin-top: 12pt; width: 516pt; min-height: 12pt;"> <div style="line-height: 10.02pt; text-align: center;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; line-height: 10.02pt; margin-left: 0%;">95</span></div> </div> </div> </div> <div style="float: left; margin-bottom: 5.0pt; width: 100%;"></div> <hr style="clear: both; margin: 40.0pt 0.25pt 0.25pt 0.25pt;" /></div> <div> <div><a id="xx_6f541e02-145b-4442-80b8-adf4d990b3c8_51"></a> <div style="page-break-after: always; position: relative;"> <div style="clear: both;"></div> <div style="float: left; margin-left: 39pt; margin-top: 36pt; width: 516pt; min-height: 696pt;"> <ix:continuation id="t_53_a804e347_7249_3a2e_a805_fe47f01bc046_3"> <ix:continuation id="t_63_20e49647_11d4_0b4c_4bef_5eb4ae5cf429_279" continuedAt="t_63_20e49647_11d4_0b4c_4bef_5eb4ae5cf429_280"><div style="line-height: 12.02pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">agreement and then purchase the same collateral at the market price at the time of the resale. (See &#8220;Short Sales&#8221;). In tri-party </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">repurchase agreements, an unaffiliated third party custodian maintains accounts to hold collateral for the Fund and its </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">counterparties and, therefore, the Fund may be subject to the credit risk of those custodians. Securities subject to repurchase </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">agreements (other than tri-party repurchase agreements) and purchase and sale contracts will be held by the Fund&#8217;s custodian (or </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">sub-custodian) in the Federal Reserve/Treasury book-entry system or by another authorized securities depository.</span></div></ix:continuation> </ix:continuation> <ix:nonNumeric name="cef:RiskTextBlock" id="t_54_8bfbef24_84c7_c7e9_47b7_bbbc59f32f61" escape="true" continuedAt="t_54_8bfbef24_84c7_c7e9_47b7_bbbc59f32f61_1" contextRef="I20210920_SecuritiesLendingRiskMember"> <ix:continuation id="t_63_20e49647_11d4_0b4c_4bef_5eb4ae5cf429_280" continuedAt="t_63_20e49647_11d4_0b4c_4bef_5eb4ae5cf429_281"><div style="line-height: 12.02pt; margin-top: 10.30pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-weight: bold;">Securities Lending Risk</span></div></ix:continuation> </ix:nonNumeric> <ix:continuation id="t_54_8bfbef24_84c7_c7e9_47b7_bbbc59f32f61_1"> <ix:continuation id="t_63_20e49647_11d4_0b4c_4bef_5eb4ae5cf429_281" continuedAt="t_63_20e49647_11d4_0b4c_4bef_5eb4ae5cf429_282"><div style="line-height: 12.02pt; margin-top: 10.30pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;">The Fund may lend its portfolio securities to banks or dealers which meet the creditworthiness standards established by </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">the Board of Trustees. Securities lending is subject to the risk that loaned securities may not be available to the Fund on a timely </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">basis and the Fund may therefore lose the opportunity to sell the securities at a desirable price. Any loss in the market price of </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">securities loaned by the Fund that occurs during the term of the loan would be borne by the Fund and would adversely affect the </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">Fund&#8217;s performance. Also, there may be delays in recovery, or no recovery, of securities loaned or even a loss of rights in the </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">collateral should the borrower of the securities fail financially while the loan is outstanding.</span></div></ix:continuation> </ix:continuation> <ix:nonNumeric name="cef:RiskTextBlock" id="t_55_04d3caa7_0ef4_35fe_2aca_c314efd76f8d" escape="true" continuedAt="t_55_04d3caa7_0ef4_35fe_2aca_c314efd76f8d_1" contextRef="I20210920_RiskOfFailureToQualifyAsARICMember"> <ix:continuation id="t_63_20e49647_11d4_0b4c_4bef_5eb4ae5cf429_282" continuedAt="t_63_20e49647_11d4_0b4c_4bef_5eb4ae5cf429_283"><div style="line-height: 12.02pt; margin-top: 10.30pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-weight: bold;">Risk of Failure to Qualify as a RIC</span></div></ix:continuation> </ix:nonNumeric> <ix:continuation id="t_55_04d3caa7_0ef4_35fe_2aca_c314efd76f8d_1"> <ix:continuation id="t_63_20e49647_11d4_0b4c_4bef_5eb4ae5cf429_283" continuedAt="t_63_20e49647_11d4_0b4c_4bef_5eb4ae5cf429_284"><div style="line-height: 12.02pt; margin-top: 10.30pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;">To qualify for the favorable U.S. federal income tax treatment generally accorded to RICs, the Fund must, among other </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">things, derive in each taxable year at least 90% of its gross income from certain prescribed sources, meet certain asset </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">diversification tests and distribute for each taxable year at least 90% of its &#8220;investment company taxable income&#8221; (generally, </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">ordinary income plus the excess, if any, of net short-term capital gain over net long-term capital loss). If for any taxable year the </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">Fund does not qualify as a RIC, all of its taxable income for that year (including its net capital gain) would be subject to tax at </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">regular corporate rates without any deduction for distributions to shareholders, and such distributions would be taxable as </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">ordinary dividends to the extent of the Fund&#8217;s current and accumulated earnings and profits.</span></div></ix:continuation> </ix:continuation> <ix:nonNumeric name="cef:RiskTextBlock" id="t_56_bec0a064_20eb_6857_d77f_ee1edb4e7672" escape="true" continuedAt="t_56_bec0a064_20eb_6857_d77f_ee1edb4e7672_1" contextRef="I20210920_ConflictsOfInterestRiskMember"> <ix:continuation id="t_63_20e49647_11d4_0b4c_4bef_5eb4ae5cf429_284" continuedAt="t_63_20e49647_11d4_0b4c_4bef_5eb4ae5cf429_285"><div style="line-height: 12.02pt; margin-top: 10.29pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-weight: bold;">Conflicts of Interest Risk</span></div></ix:continuation> </ix:nonNumeric> <ix:continuation id="t_56_bec0a064_20eb_6857_d77f_ee1edb4e7672_1" continuedAt="t_56_bec0a064_20eb_6857_d77f_ee1edb4e7672_2"> <ix:continuation id="t_63_20e49647_11d4_0b4c_4bef_5eb4ae5cf429_285" continuedAt="t_63_20e49647_11d4_0b4c_4bef_5eb4ae5cf429_286"><div style="line-height: 12.02pt; margin-top: 10.30pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;">Guggenheim Partners is a global asset management and investment advisory organization. Guggenheim Partners and its </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">affiliates advise clients in various markets and transactions and purchase, sell, hold and recommend a broad array of investments </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">for their own accounts and the accounts of clients and of their personnel and the relationships and products they sponsor, </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">manage and advise. </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">Accordingly, Guggenheim Partners and its affiliates may have direct and indirect interests in a variety of </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">global markets and the securities of issuers in which the Fund may directly or indirectly invest. These interests may cause the </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">Fund to be subject to regulatory limits, and in certain circumstances, these various activities may prevent the Fund from </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">participating in an investment decision.</span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; line-height: 12.02pt;"> </span></div></ix:continuation> </ix:continuation> <ix:continuation id="t_56_bec0a064_20eb_6857_d77f_ee1edb4e7672_2" continuedAt="t_56_bec0a064_20eb_6857_d77f_ee1edb4e7672_3"> <ix:continuation id="t_63_20e49647_11d4_0b4c_4bef_5eb4ae5cf429_286" continuedAt="t_63_20e49647_11d4_0b4c_4bef_5eb4ae5cf429_287"><div style="line-height: 12.02pt; margin-top: 10.30pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;">An investment in the Fund is subject to a number of actual or potential conflicts of interest. For example, the Adviser and </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">its affiliates are engaged in a variety of business activities that are unrelated to managing the Fund, which may give rise to </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">actual, potential or perceived conflicts of interest in connection with making investment decisions for the Fund. As a result, </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">activities and dealings of Guggenheim Partners and its affiliates may affect the Fund in ways that may disadvantage or restrict </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">the Fund or be deemed to benefit Guggenheim Partners and its affiliates. From time to time, conflicts of interest may arise </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">between a portfolio manager&#8217;s management of the investments of the Fund on the one hand and the management of other </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">registered investment companies, pooled investment vehicles and other accounts (collectively, &#8220;other accounts&#8221;) on the other. </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">The other accounts might have similar investment objectives or strategies as the Fund or otherwise hold, purchase, or sell </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">securities that are eligible to be held, purchased or sold by the Fund. In certain circumstances, and subject to its fiduciary </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">obligations under the Advisers Act and the requirements of the 1940 Act, the Adviser may have to allocate a limited investment </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">opportunity among its clients. The other accounts might also have different investment objectives or strategies than the Fund. In </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">addition, the Fund may be limited in its ability to invest in, or hold securities of, any companies that the Adviser or its affiliates </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">(or other accounts managed by the Adviser or its affiliates) control, or companies in which the Adviser or its affiliates have </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">interests or with whom they do business. For example, affiliates of the Adviser may act as underwriter, lead agent or </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">administrative agent for loans or otherwise participate in the market for loans. Because of limitations imposed by applicable law, </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">the presence of the Adviser&#8217;s affiliates in the markets for loans may restrict the Fund&#8217;s ability to acquire some loans or affect the </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">timing or price of such acquisitions. To address these conflicts, the Fund and Guggenheim Partners and its affiliates have </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">established various policies and procedures that are reasonably designed to detect and prevent such conflicts and prevent the </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">Fund from being disadvantaged.</span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; line-height: 12.02pt;"> </span></div></ix:continuation> </ix:continuation> <ix:continuation id="t_56_bec0a064_20eb_6857_d77f_ee1edb4e7672_3"> <ix:continuation id="t_63_20e49647_11d4_0b4c_4bef_5eb4ae5cf429_287" continuedAt="t_63_20e49647_11d4_0b4c_4bef_5eb4ae5cf429_288"><div style="line-height: 12.02pt; margin-top: 10.29pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;">There can be no guarantee that these policies and procedures will be successful in every instance. For additional </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">information about potential conflicts of interest, and the way in which the Adviser and its affiliates address such conflicts, please </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">see &#8220;Management of the Fund&#8212;Potential Conflicts of Interest&#8221; in the SAI.</span></div></ix:continuation> </ix:continuation> </div> <div style="clear: both;"></div> <div style="float: left; margin-left: 39pt; margin-top: 12pt; width: 516pt; min-height: 12pt;"> <div style="line-height: 10.02pt; text-align: center;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; line-height: 10.02pt; margin-left: 0%;">96</span></div> </div> </div> </div> <div style="float: left; margin-bottom: 5.0pt; width: 100%;"></div> <hr style="clear: both; margin: 40.0pt 0.25pt 0.25pt 0.25pt;" /></div> <div> <div><a id="xx_6f541e02-145b-4442-80b8-adf4d990b3c8_52"></a> <div style="page-break-after: always; position: relative;"> <div style="clear: both;"></div> <div style="float: left; min-height: 696pt; margin-left: 39pt; margin-top: 36pt; width: 516pt;"> <ix:nonNumeric name="cef:RiskTextBlock" id="t_57_f57f6bcb_9587_69bc_1629_ed8c2ae8f9c1" escape="true" continuedAt="t_57_f57f6bcb_9587_69bc_1629_ed8c2ae8f9c1_1" contextRef="I20210920_MarketDisruptionAndGeopoliticalRiskMember"> <ix:continuation id="t_63_20e49647_11d4_0b4c_4bef_5eb4ae5cf429_288" continuedAt="t_63_20e49647_11d4_0b4c_4bef_5eb4ae5cf429_289"><div style="line-height: 12.02pt; margin-top: 10pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-weight: bold;">Market Disruption and Geopolitical Risk</span></div></ix:continuation> </ix:nonNumeric> <ix:continuation id="t_57_f57f6bcb_9587_69bc_1629_ed8c2ae8f9c1_1"> <ix:continuation id="t_63_20e49647_11d4_0b4c_4bef_5eb4ae5cf429_289" continuedAt="t_63_20e49647_11d4_0b4c_4bef_5eb4ae5cf429_290"><div style="line-height: 12.02pt; margin-top: 9.90pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;">The Fund does not know and cannot predict how long the securities markets may be affected by geopolitical events and </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">the effects of these and similar events in the future on the U.S. economy and securities markets. </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">The Fund may be adversely </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">affected by abrogation of international agreements and national laws which have created the market instruments in which the </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">Fund may invest, failure of the designated national and international authorities to enforce compliance with the same laws and </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">agreements, failure of local, national and international organization to carry out their duties prescribed to them under the </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">relevant agreements, revisions of these laws and agreements which dilute their effectiveness or conflicting interpretation of </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">provisions of the same laws and agreements. The Fund may be adversely affected by uncertainties such as terrorism, </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">international political developments, and changes in government policies, taxation, restrictions on foreign investment and </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">currency repatriation, currency fluctuations and other developments in the laws and regulations of the countries in which it is </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">invested and the risks associated with financial, economic, public health, labor and other global market developments and </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">disruptions.</span></div></ix:continuation> </ix:continuation> <ix:nonNumeric name="cef:RiskTextBlock" id="t_58_cbb780b3_96c9_3ac7_c6a6_62124ccbebb7" escape="true" continuedAt="t_58_cbb780b3_96c9_3ac7_c6a6_62124ccbebb7_1" contextRef="I20210920_TechnologyRiskMember"> <ix:continuation id="t_63_20e49647_11d4_0b4c_4bef_5eb4ae5cf429_290" continuedAt="t_63_20e49647_11d4_0b4c_4bef_5eb4ae5cf429_291"><div style="line-height: 12.02pt; margin-top: 9.90pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-weight: bold;">Technology Risk</span></div></ix:continuation> </ix:nonNumeric> <ix:continuation id="t_58_cbb780b3_96c9_3ac7_c6a6_62124ccbebb7_1"> <ix:continuation id="t_63_20e49647_11d4_0b4c_4bef_5eb4ae5cf429_291" continuedAt="t_63_20e49647_11d4_0b4c_4bef_5eb4ae5cf429_292"><div style="line-height: 12.02pt; margin-top: 9.90pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;">As the use of Internet technology has become more prevalent, the Fund and its service providers and markets generally </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">have become more susceptible to potential operational risks related to intentional and unintentional events that may cause the </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">Fund or a service provider to lose proprietary information, suffer data corruption or lose operational capacity. </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">There can be no </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">guarantee that any risk management systems established by the Fund, its service providers, or issuers of the securities in which </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">the Fund invests to reduce technology and cyber security risks will succeed, and the Fund cannot control such systems put in </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">place by service providers, issuers or other third parties whose operations may affect the Fund.</span></div></ix:continuation> </ix:continuation> <ix:nonNumeric name="cef:RiskTextBlock" id="t_59_99f37190_27e0_53bd_5b26_11ef5910828e" escape="true" continuedAt="t_59_99f37190_27e0_53bd_5b26_11ef5910828e_1" contextRef="I20210920_CyberSecurityMarketDisruptionsAndOperationalRiskMember"> <ix:continuation id="t_63_20e49647_11d4_0b4c_4bef_5eb4ae5cf429_292" continuedAt="t_63_20e49647_11d4_0b4c_4bef_5eb4ae5cf429_293"><div style="line-height: 12.02pt; margin-top: 9.90pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-weight: bold;">Cyber Security, Market Disruptions and Operational Risk.</span></div></ix:continuation> </ix:nonNumeric> <ix:continuation id="t_59_99f37190_27e0_53bd_5b26_11ef5910828e_1"> <ix:continuation id="t_63_20e49647_11d4_0b4c_4bef_5eb4ae5cf429_293" continuedAt="t_63_20e49647_11d4_0b4c_4bef_5eb4ae5cf429_294"><div style="line-height: 12.02pt; margin-top: 10.00pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;">As in other parts of the economy, the Fund and its service providers, as well as exchanges and market participants </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">through or with which the Fund trades and exchanges on which its shares trade and other infrastructures and services on which </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">the Fund or its service providers rely, are susceptible to ongoing risks related to cyber incidents and the risks associated with </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">financial, economic, public health, labor and other global market developments and disruptions. </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">Cyber incidents, which can be </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">perpetrated by a variety of means, may result in actual or potential adverse consequences for critical information and </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">communications technology, systems and networks that are vital to the operations of the Fund or its service providers. A cyber </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">incident or sudden market disruption could adversely impact the Fund, its service providers or its shareholders by, among other </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">things, interfering with the processing of shareholder transactions or other operational functionality, impacting the Fund&#8217;s ability </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">to calculate its NAV or other data, causing the release of private or confidential information, impeding trading, causing </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">reputational damage, and subjecting the Fund to fines, penalties or financial losses or otherwise adversely affecting the </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">operations, systems and activities of the Fund, its service providers and market intermediaries. These types of adverse </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">consequences could also result from other operational disruptions or failures arising from, for example, processing errors, </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">human errors, and other technological issues. In each case, the Fund&#8217;s ability to calculate its NAV correctly, in a timely manner </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">or process trades or Fund transactions may be adversely affected, including over a potentially extended period. The Fund and its </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">service providers may directly bear these risks and related costs. The Fund and its service providers are continuing to experience </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">the impacts of quarantines and similar measures being enacted by governments in response to COVID-19, which have </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">obstructed the regular functioning of business workforces (including requiring employees to work from external locations and </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">their homes). Accordingly, the risks described above are heightened under current conditions.</span></div></ix:continuation> </ix:continuation> <ix:nonNumeric name="cef:RiskTextBlock" id="t_60_32b21391_742b_e80f_8073_3009f4b26194" escape="true" continuedAt="t_60_32b21391_742b_e80f_8073_3009f4b26194_1" contextRef="I20210920_AntiTakeoverProvisionsRiskMember"> <ix:continuation id="t_63_20e49647_11d4_0b4c_4bef_5eb4ae5cf429_294" continuedAt="t_63_20e49647_11d4_0b4c_4bef_5eb4ae5cf429_295"><div style="line-height: 12.02pt; margin-top: 10.00pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-weight: bold;">Anti-Takeover Provisions Risk</span></div></ix:continuation> </ix:nonNumeric> <ix:continuation id="t_60_32b21391_742b_e80f_8073_3009f4b26194_1"> <ix:continuation id="t_63_20e49647_11d4_0b4c_4bef_5eb4ae5cf429_295"><div style="line-height: 12.02pt; margin-top: 10.00pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;">The Fund&#8217;s Agreement and Declaration of Trust and Bylaws (collectively the &#8220;Governing Documents&#8221;) include </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">provisions that could limit the ability of other entities or persons to acquire control of the Fund or convert the Fund to an open-end</span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"> fund. These provisions could have the effect of depriving the Common Shareholders of opportunities to sell their Common </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">Shares at a premium over the then-current market price of the Common Shares. See &#8220;Anti-Takeover and Other Provisions in the </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">Fund&#8217;s Governing Documents.&#8221;</span> </span></div></ix:continuation> </ix:continuation> <div style="line-height: 22.02pt; margin-top: 7.00pt; text-align: center;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-weight: bold; margin-left: 0%; text-transform: uppercase;">MANAGEMENT OF THE FUND</span></div> <div style="line-height: 12.02pt; margin-top: 5.00pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-weight: bold;">Trustees and Officers</span></div> <div style="line-height: 12.02pt; margin-top: 10.00pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;">The Board of Trustees is broadly responsible for the management of the Fund, including general supervision of the duties </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">performed by the Investment Adviser or the Sub-Adviser. The names and business addresses of the Trustees and officers of the </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">Fund and their principal occupations and other affiliations during the past five years are set forth under &#8220;Management of the </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">Fund&#8221; in the SAI.</span></div> </div> <div style="clear: both;"></div> <div style="float: left; margin-left: 39pt; margin-top: 12pt; width: 516pt; min-height: 12pt;"> <div style="line-height: 10.02pt; text-align: center;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; line-height: 10.02pt; margin-left: 0%;">97</span></div> </div> </div> </div> <div style="float: left; margin-bottom: 5.0pt; width: 100%;"></div> <hr style="clear: both; margin: 40.0pt 0.25pt 0.25pt 0.25pt;" /></div> <div> <div><a id="xx_6f541e02-145b-4442-80b8-adf4d990b3c8_53"></a> <div style="page-break-after: always; position: relative;"> <div style="clear: both;"></div> <div style="float: left; margin-left: 39pt; margin-top: 36pt; width: 516pt; min-height: 696pt;"> <div style="line-height: 12.02pt; margin-top: 10pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-weight: bold;">The Investment Adviser</span></div> <div style="line-height: 12.02pt; margin-top: 10.30pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;">Guggenheim Funds Investment Advisors, LLC, a wholly-owned subsidiary of Guggenheim Partners, acts as the Fund&#8217;s </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">Investment Adviser pursuant to an investment advisory agreement between the Fund and the Investment Adviser (the &#8220;Advisory </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">Agreement&#8221;). </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">The Investment Adviser is a registered investment adviser and acts as investment adviser to a number of closed-end</span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"> and open-end investment companies. The Investment Adviser is a Delaware limited liability company, with its principal </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">offices located at 227 West Monroe Street, Chicago, Illinois 60606.</span></div> <div style="line-height: 12.02pt; margin-top: 10.30pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;">Guggenheim Partners is a diversified financial services firm with wealth management, capital markets, investment </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">management and proprietary investing businesses, whose clients are a mix of individuals, family offices, endowments, </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">foundation insurance companies and other institutions that have entrusted Guggenheim Partners with the supervision of more </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">than $325 billion of assets as of June 30, 2021. Guggenheim Partners is headquartered in Chicago and New York with a global </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">network of offices throughout the United States, Europe, and Asia.</span></div> <div style="line-height: 12.02pt; margin-top: 10.30pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;">Pursuant to the Advisory Agreement, the Investment Adviser is responsible for the management of the Fund. The </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">Investment Adviser furnishes office facilities and equipment and clerical, bookkeeping and administrative services on behalf of </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">the Fund and oversees the activities of the Fund&#8217;s Sub-Adviser. The Investment Adviser provides all services through the </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">medium of any directors, officers or employees of the Investment Adviser or its affiliates as the Investment Adviser deems </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">appropriate in order to fulfill its obligations and pays the compensation of all officers and Trustees of the Fund who are its </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">affiliates.</span></div> <div style="line-height: 12.02pt; margin-top: 10.30pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;">As compensation for its services, the Fund pays the Investment Adviser a fee, payable monthly in arrears at an annual </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">rate equal to 1.00% of the Fund&#8217;s average daily Managed Assets (from which the Investment Adviser pays the Sub-Adviser&#8217;s fee </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">as described under &#8220;&#8212;The Sub-Adviser&#8221; below). &#8220;Managed Assets&#8221; for purposes of the Advisory and Sub-Advisory </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">Agreements means the total assets of the Fund (other than assets attributable to any investments by the Fund in Affiliated </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">Investment Funds), including the assets attributable to the proceeds from any borrowings or other forms of financial leverage, </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">minus liabilities, other than liabilities related to any financial leverage. &#8220;Affiliated Investment Funds&#8221; means investment </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">companies, including registered investment companies, private investment funds and/or other pooled investment vehicles, </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">advised or managed by the Fund&#8217;s investment Sub-Adviser or any of its affiliates. &#8220;Managed Assets&#8221; for all other purposes </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">means the total assets of the Fund, including the assets attributable to the proceeds from any borrowings or other forms of </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">Financial Leverage, minus liabilities, other than liabilities related to any Financial Leverage.</span></div> <div style="line-height: 12.02pt; margin-top: 10.30pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;">A discussion regarding the basis for the most recent approval of the Advisory Agreement by the Board of Trustees is </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">available in the Fund&#8217;s annual report to shareholders for the period ending May 31, 2021.</span></div> <div style="line-height: 12.02pt; margin-top: 10.30pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;">In addition to the fees of the Investment Adviser, the Fund pays all other costs and expenses of its operations, including </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">compensation of its Trustees (other than those affiliated with the Investment Adviser), custodial expenses, transfer agency and </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">dividend disbursing expenses, legal fees, expenses of the Fund&#8217;s independent registered public accounting firm, expenses of </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">repurchasing shares, listing expenses, expenses of preparing, printing and distributing prospectuses, stockholder reports, notices, </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">proxy statements and reports to governmental agencies, and taxes, if any.</span></div> <div style="line-height: 12.02pt; margin-top: 10.30pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-weight: bold;">The Sub-Adviser</span></div> <div style="line-height: 12.02pt; margin-top: 10.30pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;">Guggenheim Partners Investment Management, LLC, a wholly-owned subsidiary of Guggenheim Partners, acts as the </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">Fund&#8217;s Sub-Adviser pursuant to a sub-advisory agreement among the Fund, the Investment Adviser and the Sub-Adviser (the </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">&#8220;Sub-Advisory Agreement&#8221;). The Sub-Adviser is a Delaware limited liability company, with its principal offices located at 100 </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">Wilshire Boulevard, Santa Monica, California 90401.</span></div> <div style="line-height: 12.02pt; margin-top: 10.30pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;">Pursuant to the Sub-Advisory Agreement, the Sub-Adviser, under the supervision of the Fund&#8217;s Board of Trustees, is </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">responsible for the management of the Fund&#8217;s portfolio of securities and provides certain facilities and personnel related to such </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">management. As compensation for the Sub-Adviser&#8217;s services, the Investment Adviser pays the Sub-Adviser a fee, payable </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">monthly in arrears at an annual rate equal to 0.50% of the Fund&#8217;s average daily Managed Assets, less 0.50% of the Fund&#8217;s </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">average daily assets attributable to any investments by the Fund in Affiliated Investment Funds.</span></div> <div style="line-height: 12.02pt; margin-top: 10.30pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;">A discussion regarding the basis for the most recent approval of the Sub-Advisory Agreement by the Board of Trustees is </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">available in the Fund&#8217;s annual report to shareholders for the period ending May 31, 2021.</span></div> </div> <div style="clear: both;"></div> <div style="float: left; margin-left: 39pt; margin-top: 12pt; width: 516pt; min-height: 12pt;"> <div style="line-height: 10.02pt; text-align: center;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; line-height: 10.02pt; margin-left: 0%;">98</span></div> </div> </div> </div> <div style="float: left; margin-bottom: 5.0pt; width: 100%;"></div> <hr style="clear: both; margin: 40.0pt 0.25pt 0.25pt 0.25pt;" /></div> <div> <div><a id="xx_6f541e02-145b-4442-80b8-adf4d990b3c8_54"></a> <div style="page-break-after: always; position: relative;"> <div style="clear: both;"></div> <div style="float: left; min-height: 696pt; margin-left: 39pt; margin-top: 36pt; width: 516pt;"> <div style="line-height: 12.02pt; margin-top: 10pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-weight: bold;">Portfolio Management</span></div> <div style="line-height: 12.02pt; margin-top: 9.90pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;">The Sub-Adviser&#8217;s investment process is a collaborative effort between various groups including: (i) economic research, </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">which focus on key economic themes and trends, regional and country-specific analysis, and assessments of event-risk and </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">policy impacts on asset prices, (ii) the Portfolio Construction Group, which utilize proprietary portfolio construction and risk </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">modeling tools to determine allocation of assets among a variety of sectors, (iii) its Sector Specialists, who are responsible for </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">identifying investment opportunities in particular securities within these sectors, including the structuring of certain securities </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">directly with the issuers or with investment banks and dealers involved in the origination of such securities, and (iv) portfolio </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">managers, who determine which securities best fit the Fund based on the Fund&#8217;s investment objective and top-down sector </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">allocations.</span></div> <div style="line-height: 12.02pt; margin-top: 9.90pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;">The Sub-Adviser&#8217;s personnel are primarily responsible for the day-to-day management of the Fund&#8217;s portfolio are:</span></div> <div style="line-height: 12.02pt; margin-top: 9.90pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-style: italic; margin-left: 29pt;">B. Scott Minerd, Chairman, Global Chief Investment Officer, Managing Partner and Portfolio Manager of the Sub-Adviser</span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">. Mr. Minerd joined Guggenheim Partners (or its affiliate or predecessor) in May 1998. </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">Mr. Minerd leads Guggenheim </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">Partners&#8217; research on global macroeconomics and guides the firm&#8217;s investment strategies. Previously, Mr. Minerd was a </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">Managing Director with Credit Suisse First Boston in charge of trading and risk management for the Fixed Income Credit </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">Trading Group. He was responsible for the corporate bond, preferred stock, money markets, U.S. government agency and </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">sovereign debt, derivatives securities, structured debt and interest rate swaps trading business units. Mr. Minerd is a member of </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">the Federal Reserve Bank of New York&#8217;s Investor Advisory Committee on Financial Markets, helping advise the NY Fed </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">President about financial market developments, risks to the financial system and steps that can be taken to understand and </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">mitigate these risks. He is an advisor to the Organization for Economic Cooperation and Development (OECD) on long-term </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">investments and is a contributing member of the World Economic Forum (WEF) and their Global Agenda Council on the Arctic.</span></div> <div style="line-height: 12.02pt; margin-top: 9.90pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-style: italic; margin-left: 29pt;">Anne B. Walsh, Chief Investment Officer, Fixed Income, Senior Managing Director and Portfolio Manager of the Sub-Adviser</span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">. Ms. Walsh joined Guggenheim Partners (or its affiliate or predecessor) in 2007 is also the head of the Portfolio </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">Construction Group and Portfolio Management. She oversees more than $185 billion in fixed-income investments including </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">Agencies, Credit, Municipals, and Structured Securities. She is responsible for portfolio design, strategy, sector allocation and </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">risk management, as well as conveying Guggenheim Partners&#8217; macroeconomic outlook to Portfolio Managers and fixed income </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">Sector Specialists. Ms. Walsh specializes in liability-driven portfolio management. Prior to joining Guggenheim Partners, she </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">served as Chief Investment Officer at Reinsurance Group of America, and also held roles at Zurich Scudder Investments, </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">Lincoln Investment Management and American Bankers Insurance Group. She has earned the right to use the Chartered </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">Financial Analyst&#174; designation and is a member of the CFA Institute.</span></div> <div style="line-height: 12.02pt; margin-top: 9.90pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-style: italic; margin-left: 29pt;">Steven H. Brown, Senior Managing Director and Portfolio Manager of the Sub-Adviser</span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">. Mr. Brown joined Guggenheim </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">Partners (or its affiliate or predecessor) in 2010 and is a Portfolio Manager for Guggenheim Partners&#8217; Active Fixed Income and </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">Total Return mandates. He works with the Chief Investment Officers and other members of the Portfolio Management team to </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">develop and execute portfolio strategy. Additionally, he works closely with the Sector Teams and Portfolio Construction Group. </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">Prior to joining Portfolio Management in 2012, Brown worked in Guggenheim Partners&#8217; Asset Backed Securities group. His </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">responsibilities on that team included trading and evaluating investment opportunities and monitoring credit performance. Prior </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">to joining Guggenheim Partners in 2010, Mr. Brown held roles within structured products at ABN AMRO and Bank of America </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">in Chicago and London. Mr. Brown earned a BS in Finance from Indiana University&#8217;s Kelley School of Business. He has earned </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">the right to use the Chartered Financial Analyst&#174; designation and is a member of the CFA Institute.</span></div> <div style="line-height: 12.02pt; margin-top: 9.90pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-style: italic; margin-left: 29pt;">Adam J. Bloch, Managing Director and Portfolio Manager of the Sub-Adviser</span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">. Mr. Bloch joined Guggenheim Partners in </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">2012 and is a Portfolio Manager for the firm&#8217;s Active Fixed Income and Total Return mandates. Mr. Bloch works with the Chief </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">Investment Officers and other Portfolio Managers to develop portfolio strategy that is in line with the firm&#8217;s views. He oversees </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">strategy implementation, working with research analysts and traders to generate trade ideas, hedge portfolios, and manage day-to-day</span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"> risk. Prior to joining Guggenheim Partners, he worked in Leveraged Finance at Bank of America Merrill Lynch in New </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">York where he structured high-yield bonds and leveraged loans for leveraged buyouts, restructurings, and corporate refinancings </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">across multiple industries. Mr. Bloch graduated from the University of Pennsylvania.</span></div> <div style="line-height: 12.02pt; margin-top: 10.00pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;">The SAI provides additional information about the portfolio managers&#8217; compensation, other accounts managed by the </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">portfolio managers and the portfolio managers&#8217; ownership of securities of the Fund.</span></div> <div style="line-height: 22.02pt; margin-top: 7.00pt; text-align: center;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-weight: bold; margin-left: 0%; text-transform: uppercase;"> <span style="color:#000000;font-family:times new roman;font-size:10.02pt;font-weight:bold;margin-left:0%;text-transform:uppercase">NET ASSET VALUE</span></span></div> <div style="line-height:12.02pt;margin-top:5.00pt;text-align:left;"><span style="color:#000000;font-family:times new roman;font-size:10.02pt;margin-left:29pt">The NAV of the Common Shares is calculated by subtracting the Fund&#8217;s total liabilities (including from Borrowings) and </span><span style="color:#000000;font-family:times new roman;font-size:10.02pt">the liquidation preference of any outstanding Preferred Shares from total assets (the market value of the securities the Fund </span><span style="color:#000000;font-family:times new roman;font-size:10.02pt">holds plus cash and other assets). The per share NAV is calculated by dividing its NAV by the number of Common Shares </span></div> </div> <div style="clear:both;"> </div> <div style="float:left;margin-left:39pt;margin-top:12pt;width:516pt;min-height:12pt;"> <div style="line-height:10.02pt;text-align:center;"><span style="color:#000000;font-family:times new roman;font-size:10.02pt;line-height:10.02pt;margin-left:0%">99</span></div> </div> </div> </div> <div style="float:left;margin-bottom:5.0pt;width:100%;"> </div> <hr style="clear:both;margin-bottom:0.25pt;margin-left:0.25pt;margin-right:0.25pt;margin-top:40.0pt;" /> </div> <div> <div><a id="xx_6f541e02-145b-4442-80b8-adf4d990b3c8_55"></a> <div style="page-break-after:always;position:relative;"> <div style="clear:both;"> </div> <div style="float:left;margin-left:39pt;margin-top:36pt;width:516pt;min-height:696pt;"> <div style="line-height:12.02pt;text-align:left;"><span style="color:#000000;font-family:times new roman;font-size:10.02pt">outstanding and rounding the result to the nearest full cent. The Fund generally calculates its NAV once each day on which there </span><span style="color:#000000;font-family:times new roman;font-size:10.02pt">is a regular trading session on the New York Stock Exchange (&#8220;NYSE&#8221;) as of the scheduled close of normal trading on the </span><span style="color:#000000;font-family:times new roman;font-size:10.02pt">&#8220;NYSE&#8221; (normally 4:00 p.m., Eastern time). The NYSE is open Monday through Friday, except on observation of the following </span><span style="color:#000000;font-family:times new roman;font-size:10.02pt">holidays: New Year&#8217;s Day, Martin Luther King, Jr. Day, President&#8217;s Day, Good Friday, Memorial Day, Independence Day, Labor </span><span style="color:#000000;font-family:times new roman;font-size:10.02pt">Day, Thanksgiving Day and Christmas Day. If the NYSE has an earlier closing time (scheduled or unscheduled), such as on days </span><span style="color:#000000;font-family:times new roman;font-size:10.02pt">in advance of holidays generally observed by the NYSE, the Fund may calculate its NAV as of the earlier closing time or </span><span style="color:#000000;font-family:times new roman;font-size:10.02pt">calculate its NAV as of the normally scheduled close of regular trading on the NYSE for that day, so long as the Sub-Adviser </span><span style="color:#000000;font-family:times new roman;font-size:10.02pt">believes there generally remains an adequate market to obtain reliable and accurate market quotations. The Fund generally does </span><span style="color:#000000;font-family:times new roman;font-size:10.02pt">not calculate its NAV on any day that the NYSE is not open for business. However, if the NYSE is closed for any other reason </span><span style="color:#000000;font-family:times new roman;font-size:10.02pt">on a day it would normally be open for business, the Fund may calculate its NAV as of the normally scheduled close of regular </span><span style="color:#000000;font-family:times new roman;font-size:10.02pt">trading on the NYSE for that day, so long as the Sub-Adviser believes there generally remains an adequate market to obtain </span><span style="color:#000000;font-family:times new roman;font-size:10.02pt">reliable and accurate market quotations. The Fund discloses its NAV on a daily basis. Information that becomes known to the </span><span style="color:#000000;font-family:times new roman;font-size:10.02pt">Fund or its agent after the Fund&#8217;s NAV has been calculated on a particular day will not be used to retroactively adjust the price of </span><span style="color:#000000;font-family:times new roman;font-size:10.02pt">a security or the Fund&#8217;s previously determined NAV.</span></div> <div style="line-height:12.02pt;margin-top:10.10pt;text-align:left;"><span style="color:#000000;font-family:times new roman;font-size:10.02pt;margin-left:29pt">The Board of Trustees has adopted policies and procedures for the valuation of the Fund&#8217;s investments (the &#8220;Valuation </span><span style="color:#000000;font-family:times new roman;font-size:10.02pt">Procedures&#8221;). Pursuant to the Valuation Procedures, the Board has delegated to a valuation committee, consisting of </span><span style="color:#000000;font-family:times new roman;font-size:10.02pt">representatives from investment management, fund administration, legal and compliance departments (the &#8220;Valuation </span><span style="color:#000000;font-family:times new roman;font-size:10.02pt">Committee&#8221;), the day-to-day responsibility for implementing the Valuation Procedures, including, under most circumstances, the </span><span style="color:#000000;font-family:times new roman;font-size:10.02pt">responsibility for determining the fair value of the Fund&#8217;s securities and/or other assets.</span></div> <div style="line-height:12.02pt;margin-top:10.10pt;text-align:left;"><span style="color:#000000;font-family:times new roman;font-size:10.02pt;margin-left:29pt">In general, portfolio securities and assets of the Fund will be valued on the basis of readily available market quotations at </span><span style="color:#000000;font-family:times new roman;font-size:10.02pt">their current market value. With respect to portfolio securities and assets of the Fund for which market quotations are not readily </span><span style="color:#000000;font-family:times new roman;font-size:10.02pt">available, or are deemed not reliable, the Fund will fair value those securities and assets in good faith using methods approved </span><span style="color:#000000;font-family:times new roman;font-size:10.02pt">by the Board of Trustees. The Valuation Procedures permit the Fund to use a variety of valuation methodologies in connection </span><span style="color:#000000;font-family:times new roman;font-size:10.02pt">with valuing the Fund&#8217;s investments. The methodology used for a specific type of investment may vary based on the market data </span><span style="color:#000000;font-family:times new roman;font-size:10.02pt">available or other considerations. As a general matter, valuing securities and assets accurately is difficult and can be based on </span><span style="color:#000000;font-family:times new roman;font-size:10.02pt">inputs and assumptions which may not always be correct.</span></div> <div style="line-height:12.02pt;margin-top:10.10pt;text-align:left;"><span style="color:#000000;font-family:times new roman;font-size:10.02pt;margin-left:29pt">Valuations of the Fund&#8217;s securities and other assets are supplied primarily by independent third party pricing services </span><span style="color:#000000;font-family:times new roman;font-size:10.02pt">appointed pursuant to the processes set forth in the Valuation Procedures. The Fund&#8217;s officers, through the Valuation Committee </span><span style="color:#000000;font-family:times new roman;font-size:10.02pt">and consistent with the monitoring and review responsibilities set forth in the Valuation Procedures, regularly review procedures </span><span style="color:#000000;font-family:times new roman;font-size:10.02pt">used and valuations provided by the pricing services. Valuations provided by pricing services are generally based on methods </span><span style="color:#000000;font-family:times new roman;font-size:10.02pt">that the Valuation Committee believes are reasonably designed to approximate the amount that the Fund would receive upon the </span><span style="color:#000000;font-family:times new roman;font-size:10.02pt">sale of the portfolio security or asset. When providing valuations to the Fund, pricing services use various inputs, methods, </span><span style="color:#000000;font-family:times new roman;font-size:10.02pt">models and assumptions, which may include information provided by broker-dealers and other market makers. Pricing services </span><span style="color:#000000;font-family:times new roman;font-size:10.02pt">face the same challenges as the Fund in valuing securities and assets and may rely on limited available information. If the </span><span style="color:#000000;font-family:times new roman;font-size:10.02pt">pricing service cannot or does not provide a valuation for a particular investment, or such valuation is deemed unreliable, such </span><span style="color:#000000;font-family:times new roman;font-size:10.02pt">investment is fair valued.</span></div> <div style="line-height:12.02pt;margin-top:10.10pt;text-align:left;"><span style="color:#000000;font-family:times new roman;font-size:10.02pt;margin-left:29pt">Quotes from broker-dealers (</span><span style="color:#000000;font-family:times new roman;font-size:10.02pt;font-style:italic">i.e.</span><span style="color:#000000;font-family:times new roman;font-size:10.02pt">, prices provided by a broker-dealer or other market participant, which may or may not be </span><span style="color:#000000;font-family:times new roman;font-size:10.02pt">committed to trade at that price), adjusted for fluctuations in criteria such as credit spreads and interest rates, may also be used to </span><span style="color:#000000;font-family:times new roman;font-size:10.02pt">value the Fund&#8217;s securities and assets. Quotes from broker-dealers vary in terms of depth (</span><span style="color:#000000;font-family:times new roman;font-size:10.02pt;font-style:italic">e.g.</span><span style="color:#000000;font-family:times new roman;font-size:10.02pt">, provided by a single broker-dealer)</span><span style="color:#000000;font-family:times new roman;font-size:10.02pt"> and frequency (e.g., provided on a daily, weekly, or monthly basis, or any other regular or irregular interval). Although </span><span style="color:#000000;font-family:times new roman;font-size:10.02pt">quotes from broker-dealers are typically received from established market participants, the Fund may not have the transparency </span><span style="color:#000000;font-family:times new roman;font-size:10.02pt">to view the underlying inputs which support such quotes. Significant changes in a quote from a broker-dealer would generally </span><span style="color:#000000;font-family:times new roman;font-size:10.02pt">result in significant changes in the fair value of the security.</span></div> <div style="line-height:12.02pt;margin-top:10.10pt;text-align:left;"><span style="color:#000000;font-family:times new roman;font-size:10.02pt;margin-left:29pt">U.S. Government securities are valued by pricing services, the last traded fill price, or at the reported bid price at the </span><span style="color:#000000;font-family:times new roman;font-size:10.02pt">close of business.</span></div> <div style="line-height:12.02pt;margin-top:10.10pt;text-align:left;"><span style="color:#000000;font-family:times new roman;font-size:10.02pt;margin-left:29pt">Debt securities with a maturity of greater than 60 days at acquisition are valued at prices that reflect broker-dealer </span><span style="color:#000000;font-family:times new roman;font-size:10.02pt">supplied valuations or are obtained from independent pricing services, which may consider the trade activity, treasury spreads, </span><span style="color:#000000;font-family:times new roman;font-size:10.02pt">yields or price of bonds of comparable quality, coupon, maturity, and type, as well as prices quoted by dealers who make </span><span style="color:#000000;font-family:times new roman;font-size:10.02pt">markets in such securities. Short-term debt securities with a maturity of 60 days or less at acquisition are valued at amortized </span><span style="color:#000000;font-family:times new roman;font-size:10.02pt">cost, provided such amount approximates market value.</span></div> <div style="line-height:12.02pt;margin-top:10.10pt;text-align:left;"><span style="color:#000000;font-family:times new roman;font-size:10.02pt;margin-left:29pt">CLOs, CDOs, MBS, ABS, and other structured finance securities are generally valued using a pricing service. </span><span style="color:#000000;font-family:times new roman;font-size:10.02pt">Repurchase agreements are generally valued at amortized cost, provided such amounts approximate market value.</span></div> </div> <div style="clear:both;"> </div> <div style="float:left;margin-left:39pt;margin-top:12pt;width:516pt;min-height:12pt;"> <div style="line-height:10.02pt;text-align:center;"><span style="color:#000000;font-family:times new roman;font-size:10.02pt;line-height:10.02pt;margin-left:0%">100</span></div> </div> </div> </div> <div style="float:left;margin-bottom:5.0pt;width:100%;"> </div> <hr style="clear:both;margin-bottom:0.25pt;margin-left:0.25pt;margin-right:0.25pt;margin-top:40.0pt;" /> </div> <div> <div><a id="xx_6f541e02-145b-4442-80b8-adf4d990b3c8_56"></a> <div style="page-break-after:always;position:relative;"> <div style="clear:both;"> </div> <div style="float:left;margin-left:39pt;margin-top:36pt;width:516pt;min-height:696pt;"> <div style="line-height:12.02pt;margin-top:10pt;text-align:left;"><span style="color:#000000;font-family:times new roman;font-size:10.02pt;margin-left:29pt">Equity securities listed or traded on a recognized U.S. securities exchange or the National Association of Securities </span><span style="color:#000000;font-family:times new roman;font-size:10.02pt">Dealers Automated Quotations (&#8220;NASDAQ&#8221;) National Market System shall generally be valued on the basis of the last sale </span><span style="color:#000000;font-family:times new roman;font-size:10.02pt">price on the primary U.S. exchange or market on which the security is listed or traded; provided, however, that securities listed </span><span style="color:#000000;font-family:times new roman;font-size:10.02pt">on NASDAQ will be valued at the NASDAQ Official Closing Price, which may not necessarily represent the last sale price. If </span><span style="color:#000000;font-family:times new roman;font-size:10.02pt">there is no sale on the valuation date, exchange- traded U.S. equity securities will be valued on the basis of the last bid price.</span></div> <div style="line-height:12.02pt;margin-top:10.30pt;text-align:left;"><span style="color:#000000;font-family:times new roman;font-size:10.02pt;margin-left:29pt">Open-end investment companies are valued at their NAV as of the close of business, on the valuation date. Exchange-traded</span><span style="color:#000000;font-family:times new roman;font-size:10.02pt"> funds and closed-end investment companies are valued at the last quoted sale price.</span></div> <div style="line-height:12.02pt;margin-top:10.30pt;text-align:left;"><span style="color:#000000;font-family:times new roman;font-size:10.02pt;margin-left:29pt">The Fund values exchange-traded options and other exchange-traded derivative contracts at the mean of the bid and ask </span><span style="color:#000000;font-family:times new roman;font-size:10.02pt">prices on the principal exchange on which they are traded. OTC options are valued using a price provided by a pricing service.</span></div> <div style="line-height:12.02pt;margin-top:10.29pt;text-align:left;"><span style="color:#000000;font-family:times new roman;font-size:10.02pt;margin-left:29pt">Forward foreign currency exchange contracts are valued daily based on the applicable exchange rate of the underlying </span><span style="color:#000000;font-family:times new roman;font-size:10.02pt">security.</span></div> <div style="line-height:12.02pt;margin-top:10.30pt;text-align:left;"><span style="color:#000000;font-family:times new roman;font-size:10.02pt;margin-left:29pt">The value of an interest rate swap agreement entered into by the Fund is determined using the prior day&#8217;s Chicago </span><span style="color:#000000;font-family:times new roman;font-size:10.02pt">Mercantile Exchange closing price, adjusted for the current day's spreads. The values of other swap agreements entered into by </span><span style="color:#000000;font-family:times new roman;font-size:10.02pt">the Fund are accounted for using the unrealized appreciation or depreciation on the agreements that are determined by marking </span><span style="color:#000000;font-family:times new roman;font-size:10.02pt">the agreements to the last quoted value of the index or other underlying positions that the swaps pertain to at the close of the </span><span style="color:#000000;font-family:times new roman;font-size:10.02pt">New York Stock Exchange (&#8220;NYSE&#8221;).</span></div> <div style="line-height:12.02pt;margin-top:10.30pt;text-align:left;"><span style="color:#000000;font-family:times new roman;font-size:10.02pt;margin-left:29pt">Typically, loans are valued using information provided by pricing services that use broker quotes, among other inputs. If </span><span style="color:#000000;font-family:times new roman;font-size:10.02pt">the pricing service cannot or does not provide a valuation for a particular loan, or such valuation is deemed unreliable, such </span><span style="color:#000000;font-family:times new roman;font-size:10.02pt">investment is valued based on a quote from a broker-dealer or is fair valued by the Valuation Committee. The Fund may invest in </span><span style="color:#000000;font-family:times new roman;font-size:10.02pt">loans or asset-backed securities as part of its investment strategies which may have a significant amount of these instruments </span><span style="color:#000000;font-family:times new roman;font-size:10.02pt">that are fair valued.</span></div> <div style="line-height:12.02pt;margin-top:10.30pt;text-align:left;"><span style="color:#000000;font-family:times new roman;font-size:10.02pt;margin-left:29pt">The Fund&#8217;s securities that are traded primarily in foreign markets may be traded in such markets on days that the NYSE </span><span style="color:#000000;font-family:times new roman;font-size:10.02pt">is closed. Generally, trading in foreign securities markets is substantially completed each day at various times prior to the close </span><span style="color:#000000;font-family:times new roman;font-size:10.02pt">of the NYSE. The values of foreign securities are determined as of the close of such foreign markets or the close of the NYSE, if </span><span style="color:#000000;font-family:times new roman;font-size:10.02pt">earlier. All investments quoted in foreign currencies are valued in U.S. dollars on the basis of the foreign currency exchange </span><span style="color:#000000;font-family:times new roman;font-size:10.02pt">rates prevailing at the close of U.S. business at 4:00 p.m. As a result, the NAV of the Fund may be significantly affected on days </span><span style="color:#000000;font-family:times new roman;font-size:10.02pt">when Common Shareholders have no ability to trade the Common Shares on the NYSE. Investments in foreign securities may </span><span style="color:#000000;font-family:times new roman;font-size:10.02pt">involve risks not present in domestic investments. The Valuation Committee will determine the current value of such foreign </span><span style="color:#000000;font-family:times new roman;font-size:10.02pt">securities by taking into consideration certain factors which may include those discussed above, as well as the following factors, </span><span style="color:#000000;font-family:times new roman;font-size:10.02pt">among others: the value of the securities traded on other foreign markets, ADR trading, closed-end fund trading, foreign </span><span style="color:#000000;font-family:times new roman;font-size:10.02pt">currency exchange activity, and the trading prices of financial products that are tied to foreign securities. In addition, under the </span><span style="color:#000000;font-family:times new roman;font-size:10.02pt">Valuation Procedures, the Valuation Committee and the Sub-Adviser are authorized to use prices and other information supplied </span><span style="color:#000000;font-family:times new roman;font-size:10.02pt">by a third party pricing vendor in valuing foreign securities.</span></div> <div style="line-height:12.02pt;margin-top:10.30pt;text-align:left;"><span style="color:#000000;font-family:times new roman;font-size:10.02pt;margin-left:29pt">Investments for which market quotations are not readily available are fair valued as determined in good faith by the Sub-Adviser,</span><span style="color:#000000;font-family:times new roman;font-size:10.02pt"> subject to review and approval by the Valuation Committee, pursuant to methods established or ratified by the Board. </span><span style="color:#000000;font-family:times new roman;font-size:10.02pt">The Valuation Committee convenes regularly to review the valuation of all portfolio securities and assets which have been fair </span><span style="color:#000000;font-family:times new roman;font-size:10.02pt">valued for reasonableness. Valuations in accordance with these methods are intended to reflect each security&#8217;s (or asset&#8217;s or </span><span style="color:#000000;font-family:times new roman;font-size:10.02pt">liability&#8217;s) &#8220;fair value.&#8221; Each such determination is based on a consideration of all relevant factors, which are likely to vary from </span><span style="color:#000000;font-family:times new roman;font-size:10.02pt">one pricing context to another. Examples of such factors may include, but are not limited to market prices; sale prices; broker </span><span style="color:#000000;font-family:times new roman;font-size:10.02pt">quotes; and models which derive prices based on inputs such as prices of securities with comparable maturities and </span><span style="color:#000000;font-family:times new roman;font-size:10.02pt">characteristics, or based on inputs such as anticipated cash flows or collateral, spread over U.S. Treasury securities, and other </span><span style="color:#000000;font-family:times new roman;font-size:10.02pt">information analysis. The Fund values derivatives transactions in accordance with the Valuation Procedures. In connection with </span><span style="color:#000000;font-family:times new roman;font-size:10.02pt">futures contracts and other derivative investments, such factors may include obtaining information as to how (a) these contracts </span><span style="color:#000000;font-family:times new roman;font-size:10.02pt">and other derivative investments trade in the futures or other derivative markets, respectively, and (b) the securities underlying </span><span style="color:#000000;font-family:times new roman;font-size:10.02pt">these contracts and other derivative investments trade in the cash market. Accrued payments to the Fund under such transactions </span><span style="color:#000000;font-family:times new roman;font-size:10.02pt">will be assets of the Fund and accrued payments by the Fund will be liabilities of the Fund.</span></div> <div style="line-height:12.02pt;margin-top:10.30pt;text-align:left;"><span style="color:#000000;font-family:times new roman;font-size:10.02pt;margin-left:29pt">The Fund may also fair value securities and assets when a significant event is deemed to have occurred after the time of a </span><span style="color:#000000;font-family:times new roman;font-size:10.02pt">market quotation including for securities and assets traded on foreign markets and securities and assets for which market </span><span style="color:#000000;font-family:times new roman;font-size:10.02pt">quotations are provided by pricing services as of a time that is prior to the time when the Fund determine its NAV. There can be </span><span style="color:#000000;font-family:times new roman;font-size:10.02pt">no assurance in each case that significant events will be identified.</span></div> </div> <div style="clear:both;"> </div> <div style="float:left;margin-left:39pt;margin-top:12pt;width:516pt;min-height:12pt;"> <div style="line-height:10.02pt;text-align:center;"><span style="color:#000000;font-family:times new roman;font-size:10.02pt;line-height:10.02pt;margin-left:0%">101</span></div> </div> </div> </div> <div style="float:left;margin-bottom:5.0pt;width:100%;"> </div> <hr style="clear:both;margin-bottom:0.25pt;margin-left:0.25pt;margin-right:0.25pt;margin-top:40.0pt;" /> </div> <div> <div><a id="xx_6f541e02-145b-4442-80b8-adf4d990b3c8_57"></a> <div style="page-break-after:always;position:relative;"> <div style="clear:both;"> </div> <div style="float:left;min-height:696pt;margin-left:39pt;margin-top:36pt;width:516pt;"> <div style="line-height:12.02pt;margin-top:10pt;text-align:left;"><span style="color:#000000;font-family:times new roman;font-size:10.02pt;margin-left:29pt">Proportions of the Fund&#8217;s investments that are fair valued vary from time to time and the Fund may fair value a </span><span style="color:#000000;font-family:times new roman;font-size:10.02pt">significant amount of its portfolio securities and assets. The Fund&#8217;s shareholder report contain more information about the </span><span style="color:#000000;font-family:times new roman;font-size:10.02pt">Fund&#8217;s holdings that are fair valued. Investors should consult these reports for additional information. Fair value represents a </span><span style="color:#000000;font-family:times new roman;font-size:10.02pt">good faith approximation of the value of a security. Fair value determinations may be based on limited inputs and involve the </span><span style="color:#000000;font-family:times new roman;font-size:10.02pt">consideration of a number of subjective factors, an analysis of applicable facts and circumstances, and the exercise of judgment. </span><span style="color:#000000;font-family:times new roman;font-size:10.02pt">As a result, it is possible that the fair value for a security determined in good faith in accordance with the Fund&#8217;s valuation </span><span style="color:#000000;font-family:times new roman;font-size:10.02pt">procedures may differ from valuations for the same security determined by other funds using their own valuation procedures. </span><span style="color:#000000;font-family:times new roman;font-size:10.02pt">Although the Fund&#8217;s valuation procedures are designed to value a portfolio security or asset at the price the Fund may </span><span style="color:#000000;font-family:times new roman;font-size:10.02pt">reasonably expect to receive upon its sale in an orderly transaction, there can be no assurance that any fair value determination </span><span style="color:#000000;font-family:times new roman;font-size:10.02pt">thereunder would, in fact, approximate the amount that the Fund would receive upon the sale of the portfolio security or asset or </span><span style="color:#000000;font-family:times new roman;font-size:10.02pt">the price at which the portfolio security or asset would trade if a reliable market quotation were readily available.</span></div> <div style="line-height:22.02pt;margin-top:6.80pt;text-align:center;"><span style="color:#000000;font-family:times new roman;font-size:10.02pt;font-weight:bold;margin-left:0%;text-transform:uppercase">DISTRIBUTIONS</span></div> <div style="line-height:12.02pt;margin-top:4.80pt;text-align:left;"><span style="color:#000000;font-family:times new roman;font-size:10.02pt;margin-left:29pt">The Fund intends to pay substantially all of its net investment income, if any, to Common Shareholders through monthly </span><span style="color:#000000;font-family:times new roman;font-size:10.02pt">distributions. In addition, the Fund intends to distribute any net long-term capital gains to Common Shareholders as long-term </span><span style="color:#000000;font-family:times new roman;font-size:10.02pt">capital gain dividends at least annually. The Fund expects that distributions paid on the Common Shares will consist of </span><span style="color:#000000;font-family:times new roman;font-size:10.02pt">(i) investment company taxable income taxed as ordinary income, which includes, among other things, ordinary income, short-term</span><span style="color:#000000;font-family:times new roman;font-size:10.02pt"> capital gain and income from certain hedging and interest rate transactions, (ii) qualified dividend income and (iii) long-term</span><span style="color:#000000;font-family:times new roman;font-size:10.02pt"> capital gain (gain from the sale of a capital asset held longer than one year). Distributions may be paid by the Fund from </span><span style="color:#000000;font-family:times new roman;font-size:10.02pt">any permitted source and, from time to time, all or a portion of a distribution may be a return of capital. To the extent the Fund </span><span style="color:#000000;font-family:times new roman;font-size:10.02pt">receives dividends with respect to its investments in Common Equity Securities that consist of qualified dividend income </span><span style="color:#000000;font-family:times new roman;font-size:10.02pt">(income from domestic and certain foreign corporations), a portion of the Fund&#8217;s distributions to its Common Shareholders may </span><span style="color:#000000;font-family:times new roman;font-size:10.02pt">consist of qualified dividend income. Qualified dividend income and long-term capital gains of certain non-corporate U.S. </span><span style="color:#000000;font-family:times new roman;font-size:10.02pt">Common Shareholders (including individuals) will be taxable at reduced maximum rates. The Fund cannot assure you, however, </span><span style="color:#000000;font-family:times new roman;font-size:10.02pt">as to what percentage of the dividends paid on the Common Shares, if any, will consist of qualified dividend income or long-term</span><span style="color:#000000;font-family:times new roman;font-size:10.02pt"> capital gains.</span></div> <div style="line-height:12.02pt;margin-top:9.81pt;text-align:left;"><span style="color:#000000;font-family:times new roman;font-size:10.02pt;margin-left:29pt">Pursuant to the requirements of the 1940 Act, in the event the Fund makes distributions from sources other than income, </span><span style="color:#000000;font-family:times new roman;font-size:10.02pt">a notice will accompany each monthly distribution with respect to the estimated source of the distribution made. Such notices </span><span style="color:#000000;font-family:times new roman;font-size:10.02pt">will describe the portion, if any, of the monthly dividend which, in the Fund&#8217;s good faith judgment, constitutes long-term capital </span><span style="color:#000000;font-family:times new roman;font-size:10.02pt">gain, short-term capital gain, investment company taxable income or a return of capital. The actual character of such dividend </span><span style="color:#000000;font-family:times new roman;font-size:10.02pt">distributions for U.S. federal income tax purposes, however, will only be determined finally by the Fund at the close of its fiscal </span><span style="color:#000000;font-family:times new roman;font-size:10.02pt">year, based on the Fund&#8217;s full year performance and its actual net investment company taxable income and net capital gains for </span><span style="color:#000000;font-family:times new roman;font-size:10.02pt">the year, which may result in a recharacterization of amounts distributed during such fiscal year from the characterization in the </span><span style="color:#000000;font-family:times new roman;font-size:10.02pt">monthly estimates.</span></div> <div style="line-height:12.02pt;margin-top:9.80pt;text-align:left;"><span style="color:#000000;font-family:times new roman;font-size:10.02pt;margin-left:29pt">The Fund expects that over time it will distribute all of its investment company taxable income. The investment company </span><span style="color:#000000;font-family:times new roman;font-size:10.02pt">taxable income of the Fund will consist of all dividend and interest income accrued on portfolio assets, short-term capital gain </span><span style="color:#000000;font-family:times new roman;font-size:10.02pt">and income from certain hedging and interest rate transactions, less all expenses of the Fund. Expenses of the Fund will be </span><span style="color:#000000;font-family:times new roman;font-size:10.02pt">accrued each day.</span></div> <div style="line-height:12.02pt;margin-top:9.80pt;text-align:left;"><span style="color:#000000;font-family:times new roman;font-size:10.02pt;margin-left:29pt">To permit the Fund to maintain more stable monthly distributions, the Fund may distribute more or less than the entire </span><span style="color:#000000;font-family:times new roman;font-size:10.02pt">amount of the net investment income earned in a particular period. As a result, the distributions paid by the Fund for any </span><span style="color:#000000;font-family:times new roman;font-size:10.02pt">particular monthly period may be more or less than the amount of net investment income actually earned by the Fund during the </span><span style="color:#000000;font-family:times new roman;font-size:10.02pt">period, and the Fund may have to sell a portion of its investment portfolio to make a distribution at a time when independent </span><span style="color:#000000;font-family:times new roman;font-size:10.02pt">investment judgment might not dictate such action. Any undistributed net investment income may be available to supplement </span><span style="color:#000000;font-family:times new roman;font-size:10.02pt">future distributions. Undistributed net investment income is included in the Common Shares&#8217; net asset value, and, </span><span style="color:#000000;font-family:times new roman;font-size:10.02pt">correspondingly, distributions from net investment income will reduce the Common Shares&#8217; net asset value. In certain </span><span style="color:#000000;font-family:times new roman;font-size:10.02pt">circumstances, the Fund may elect to retain income or capital gain and pay income or excise tax on such undistributed amount, </span><span style="color:#000000;font-family:times new roman;font-size:10.02pt">to the extent that the Board of Trustees, in consultation with Fund management, determines it to be in the best interest of </span><span style="color:#000000;font-family:times new roman;font-size:10.02pt">shareholders to do so.</span></div> <div style="line-height:12.02pt;margin-top:9.80pt;text-align:left;"><span style="color:#000000;font-family:times new roman;font-size:10.02pt;margin-left:29pt">Alternatively, the distributions paid by the Fund for any particular month may be more than the amount of net investment </span><span style="color:#000000;font-family:times new roman;font-size:10.02pt">income from that monthly period. As a result, all or a portion of a distribution may be a return of capital. If the Fund&#8217;s total </span><span style="color:#000000;font-family:times new roman;font-size:10.02pt">distributions in any year exceed the amount of its investment company taxable income and net capital gain for the year, any such </span><span style="color:#000000;font-family:times new roman;font-size:10.02pt">excess would generally be characterized as a return of capital for U.S. federal income tax purposes, to the extent such amounts </span><span style="color:#000000;font-family:times new roman;font-size:10.02pt">exceed the Fund&#8217;s current and accumulated earnings and profits. The amount by which the Fund&#8217;s total distributions exceed </span><span style="color:#000000;font-family:times new roman;font-size:10.02pt">investment company taxable income and net capital gain would generally be treated as a return of capital up to the amount of the </span><span style="color:#000000;font-family:times new roman;font-size:10.02pt">Common Shareholder&#8217;s tax basis in their Common Shares, which would reduce such tax basis, with any amounts exceeding such </span></div> </div> <div style="clear:both;"> </div> <div style="float:left;margin-left:39pt;margin-top:12pt;width:516pt;min-height:12pt;"> <div style="line-height:10.02pt;text-align:center;"><span style="color:#000000;font-family:times new roman;font-size:10.02pt;line-height:10.02pt;margin-left:0%">102</span></div> </div> </div> </div> <div style="float:left;margin-bottom:5.0pt;width:100%;"> </div> <hr style="clear:both;margin-bottom:0.25pt;margin-left:0.25pt;margin-right:0.25pt;margin-top:40.0pt;" /> </div> <div> <div><a id="xx_6f541e02-145b-4442-80b8-adf4d990b3c8_58"></a> <div style="page-break-after:always;position:relative;"> <div style="clear:both;"> </div> <div style="float:left;margin-left:39pt;margin-top:36pt;width:516pt;min-height:696pt;"> <div style="line-height:12.02pt;text-align:left;"><span style="color:#000000;font-family:times new roman;font-size:10.02pt">basis treated as a gain from the sale of their Common Shares. Consequently, although a return of capital may not be taxable, it </span><span style="color:#000000;font-family:times new roman;font-size:10.02pt">will generally increase the Common Shareholder&#8217;s potential gain, or reduce the Common Shareholder&#8217;s potential loss, on any </span><span style="color:#000000;font-family:times new roman;font-size:10.02pt">subsequent sale or other disposition of Common Shares. A return of capital distribution is in effect a partial return of the amount </span><span style="color:#000000;font-family:times new roman;font-size:10.02pt">a Common Shareholder invested in the Fund. Shareholders who periodically receive the payment of a distribution consisting of a </span><span style="color:#000000;font-family:times new roman;font-size:10.02pt">return of capital may be under the impression that they are receiving net income or profits when they are not. Shareholders </span><span style="color:#000000;font-family:times new roman;font-size:10.02pt">should not assume that the source of a distribution from the Fund is net income or profit.</span></div> <div style="line-height:12.02pt;margin-top:10.20pt;text-align:left;"><span style="color:#000000;font-family:times new roman;font-size:10.02pt;margin-left:29pt">If you hold your Common Shares in your own name or if you hold your Common Shares with a brokerage firm that </span><span style="color:#000000;font-family:times new roman;font-size:10.02pt">participates in the Fund&#8217;s Dividend Reinvestment Plan (the &#8220;Plan&#8221;), unless you elect to receive cash, all dividends and </span><span style="color:#000000;font-family:times new roman;font-size:10.02pt">distributions that are declared by the Fund will be automatically reinvested in additional Common Shares of the Fund pursuant </span><span style="color:#000000;font-family:times new roman;font-size:10.02pt">to the Plan. If you hold your Common Shares with a brokerage firm that does not participate in the Plan, you will not be able to </span><span style="color:#000000;font-family:times new roman;font-size:10.02pt">participate in the Plan and any dividend reinvestment may be effected on different terms than those described above. Consult </span><span style="color:#000000;font-family:times new roman;font-size:10.02pt">your financial adviser for more information. See &#8220;Dividend Reinvestment Plan.&#8221;</span></div> <div style="line-height:22.02pt;margin-top:7.10pt;text-align:center;"><span style="color:#000000;font-family:times new roman;font-size:10.02pt;font-weight:bold;margin-left:0%;text-transform:uppercase">DIVIDEND REINVESTMENT PLAN</span></div> <div style="line-height:12.02pt;margin-top:5.10pt;text-align:left;"><span style="color:#000000;font-family:times new roman;font-size:10.02pt;margin-left:29pt">Under the Fund&#8217;s Dividend Reinvestment Plan, a shareholder whose Common Shares are registered in his or her own </span><span style="color:#000000;font-family:times new roman;font-size:10.02pt">name will have all distributions reinvested automatically by Computershare Trust Company, N.A., which is agent under the Plan </span><span style="color:#000000;font-family:times new roman;font-size:10.02pt">(the &#8220;Plan Agent&#8221;), unless the shareholder elects to receive cash. Distributions with respect to Common Shares registered in the </span><span style="color:#000000;font-family:times new roman;font-size:10.02pt">name of a broker-dealer or other nominee (that is, in &#8220;street name&#8221;) will be reinvested by the broker or nominee in additional </span><span style="color:#000000;font-family:times new roman;font-size:10.02pt">Common Shares under the Plan, unless the service is not provided by the broker or nominee or the shareholder elects to receive </span><span style="color:#000000;font-family:times new roman;font-size:10.02pt">distributions in cash. Investors who own Common Shares registered in street name should consult their broker-dealers for details </span><span style="color:#000000;font-family:times new roman;font-size:10.02pt">regarding reinvestment. All distributions to investors who do not participate in the Plan will be paid by check mailed directly to </span><span style="color:#000000;font-family:times new roman;font-size:10.02pt">the record holder by Computershare Inc. as dividend disbursing agent.</span></div> <div style="line-height:12.02pt;margin-top:10.10pt;text-align:left;"><span style="color:#000000;font-family:times new roman;font-size:10.02pt;margin-left:29pt">Under the Plan, whenever the market price of the Common Shares is equal to or exceeds net asset value at the time </span><span style="color:#000000;font-family:times new roman;font-size:10.02pt">Common Shares are valued for purposes of determining the number of Common Shares equivalent to the cash dividend or </span><span style="color:#000000;font-family:times new roman;font-size:10.02pt">capital gains distribution, participants in the Plan are issued new Common Shares from the Fund, valued at the greater of (i) the </span><span style="color:#000000;font-family:times new roman;font-size:10.02pt">net asset value as most recently determined or (ii) 95% of the then-current market price of the Common Shares. The valuation </span><span style="color:#000000;font-family:times new roman;font-size:10.02pt">date is the dividend or distribution payment date or, if that date is not a NYSE trading day, the next preceding trading day. If the </span><span style="color:#000000;font-family:times new roman;font-size:10.02pt">net asset value of the Common Shares at the time of valuation exceeds the market price of the Common Shares, the Plan Agent </span><span style="color:#000000;font-family:times new roman;font-size:10.02pt">will buy the Common Shares for such Plan in the open market, on the NYSE or elsewhere, for the participants&#8217; accounts, except </span><span style="color:#000000;font-family:times new roman;font-size:10.02pt">that the Plan Agent will endeavor to terminate purchases in the open market and cause the Fund to issue Common Shares at the </span><span style="color:#000000;font-family:times new roman;font-size:10.02pt">greater of net asset value or 95% of market value if, following the commencement of such purchases, the market value of the </span><span style="color:#000000;font-family:times new roman;font-size:10.02pt">Common Shares exceeds net asset value. If the Fund should declare a distribution or capital gains distribution payable only in </span><span style="color:#000000;font-family:times new roman;font-size:10.02pt">cash, the Plan Agent will buy the Common Shares for such Plan in the open market, on the NYSE or elsewhere, for the </span><span style="color:#000000;font-family:times new roman;font-size:10.02pt">participants&#8217; accounts. There is no charge from the Fund for reinvestment of dividends or distributions in Common Shares </span><span style="color:#000000;font-family:times new roman;font-size:10.02pt">pursuant to the Plan; however, all participants will pay a pro rata share of brokerage commissions incurred by the Plan Agent </span><span style="color:#000000;font-family:times new roman;font-size:10.02pt">when it makes open-market purchases.</span></div> <div style="line-height:12.02pt;margin-top:10.10pt;text-align:left;"><span style="color:#000000;font-family:times new roman;font-size:10.02pt;margin-left:29pt">The Plan Agent maintains all shareholder accounts in the Plan and furnishes written confirmations of all transactions in </span><span style="color:#000000;font-family:times new roman;font-size:10.02pt">the account, including information needed by shareholders for personal and tax records. Common Shares in the account of each </span><span style="color:#000000;font-family:times new roman;font-size:10.02pt">Plan participant will be held by the Plan Agent in noncertificated form in the name of the participant.</span></div> <div style="line-height:12.02pt;margin-top:10.10pt;text-align:left;"><span style="color:#000000;font-family:times new roman;font-size:10.02pt;margin-left:29pt">In the case of shareholders such as banks, brokers or nominees, which hold Common Shares for others who are the </span><span style="color:#000000;font-family:times new roman;font-size:10.02pt">beneficial owners, the Plan Agent will administer the Plan on the basis of the number of Common Shares certified from time to </span><span style="color:#000000;font-family:times new roman;font-size:10.02pt">time by the shareholder as representing the total amount registered in the shareholder&#8217;s name and held for the account of </span><span style="color:#000000;font-family:times new roman;font-size:10.02pt">beneficial owners who participate in the Plan.</span></div> <div style="line-height:12.02pt;margin-top:10.10pt;text-align:left;"><span style="color:#000000;font-family:times new roman;font-size:10.02pt;margin-left:29pt">The automatic reinvestment of dividends and other distributions will not relieve participants of an income tax that may be </span><span style="color:#000000;font-family:times new roman;font-size:10.02pt">payable or required to be withheld on such dividends or distributions.</span></div> <div style="line-height:12.02pt;margin-top:10.09pt;text-align:left;"><span style="color:#000000;font-family:times new roman;font-size:10.02pt;margin-left:29pt">Experience under the Plan may indicate that changes are desirable. Accordingly, the Fund reserves the right to amend or </span><span style="color:#000000;font-family:times new roman;font-size:10.02pt">terminate its Plan as applied to any voluntary cash payments made and any dividend or distribution paid subsequent to written </span><span style="color:#000000;font-family:times new roman;font-size:10.02pt">notice of the change sent to the members of such Plan at least 90 days before the record date for such dividend or distribution. </span><span style="color:#000000;font-family:times new roman;font-size:10.02pt">The Plan also may be amended or terminated by the Plan Agent on at least 90 days written notice to the participants in such </span><span style="color:#000000;font-family:times new roman;font-size:10.02pt">Plan. All correspondence concerning the Plan should be directed to Computershare Trust Company N.A., P.O. Box 30170, </span><span style="color:#000000;font-family:times new roman;font-size:10.02pt">College Station, TX 77842-3170, Attention: Shareholder Services Department. Participants may also contact Computershare </span><span style="color:#000000;font-family:times new roman;font-size:10.02pt">Trust Company, N.A. online at www.computershare.com/investor or by telephone at: (866) 488-3559.</span></div> </div> <div style="clear:both;"> </div> <div style="float:left;margin-left:39pt;margin-top:12pt;width:516pt;min-height:12pt;"> <div style="line-height:10.02pt;text-align:center;"><span style="color:#000000;font-family:times new roman;font-size:10.02pt;line-height:10.02pt;margin-left:0%">103</span></div> </div> </div> </div> <div style="float:left;margin-bottom:5.0pt;width:100%;"> </div> <hr style="clear:both;margin-bottom:0.25pt;margin-left:0.25pt;margin-right:0.25pt;margin-top:40.0pt;" /> </div> <div> <div><a id="xx_6f541e02-145b-4442-80b8-adf4d990b3c8_59"></a> <div style="page-break-after:always;position:relative;"> <div style="clear:both;"> </div> <div style="float:left;margin-left:39pt;margin-top:36pt;width:516pt;min-height:696pt;"> <ix:nonNumeric name="cef:CapitalStockTableTextBlock" id="t_1_d8e4aaf9_5255_d87f_0005_f8553873a621" escape="true" continuedAt="t_1_d8e4aaf9_5255_d87f_0005_f8553873a621_1" contextRef="DefaultContext"><div style="line-height:22.02pt;margin-top:12pt;text-align:center;"><span style="color:#000000;font-family:times new roman;font-size:10.02pt;font-weight:bold;margin-left:0%;text-transform:uppercase">DESCRIPTION OF CAPITAL STRUCTURE</span></div></ix:nonNumeric> <ix:continuation id="t_1_d8e4aaf9_5255_d87f_0005_f8553873a621_1" continuedAt="t_1_d8e4aaf9_5255_d87f_0005_f8553873a621_2"><div style="line-height:12.02pt;margin-top:5.30pt;text-align:left;"><span style="color:#000000;font-family:times new roman;font-size:10.02pt;margin-left:29pt">The following is a brief description of the terms of the Common Shares, Borrowings and Preferred Shares which may be </span><span style="color:#000000;font-family:times new roman;font-size:10.02pt">issued by the Fund. This description does not purport to be complete and is qualified by reference to the Fund&#8217;s Governing </span><span style="color:#000000;font-family:times new roman;font-size:10.02pt">Documents.</span></div></ix:continuation> <ix:continuation id="t_1_d8e4aaf9_5255_d87f_0005_f8553873a621_2" continuedAt="t_1_d8e4aaf9_5255_d87f_0005_f8553873a621_3"><ix:nonNumeric name="cef:SecurityTitleTextBlock" id="t_3_9b30ef78_a568_daa9_7cfb_37523de46104" escape="true" contextRef="I20210920_CommonSharesMember"><div style="line-height:12.02pt;margin-top:10.30pt;text-align:left;"><span style="color:#000000;font-family:times new roman;font-size:10.02pt;font-weight:bold">Common Shares</span></div></ix:nonNumeric></ix:continuation> <ix:continuation id="t_1_d8e4aaf9_5255_d87f_0005_f8553873a621_3" continuedAt="t_1_d8e4aaf9_5255_d87f_0005_f8553873a621_4"><div style="line-height:12.02pt;margin-top:10.30pt;text-align:left;"><span style="color:#000000;font-family:times new roman;font-size:10.02pt;margin-left:29pt">The Fund is an unincorporated statutory trust organized under the laws of Delaware pursuant to a Certificate of Trust, </span><span style="color:#000000;font-family:times new roman;font-size:10.02pt">dated as of November 13, 2006. Pursuant to the Fund&#8217;s Agreement and Declaration of Trust, dated as of November&#160;13, 2006, and </span><span style="color:#000000;font-family:times new roman;font-size:10.02pt">as amended and restated through the date hereof, the Fund is authorized to issue an unlimited number of common shares of </span><span style="color:#000000;font-family:times new roman;font-size:10.02pt">beneficial interest, par value $0.01 per share. </span><span style="color:#000000;font-family:times new roman;font-size:10.02pt">Each Common Share, when issued and paid for in accordance with the terms of </span><span style="color:#000000;font-family:times new roman;font-size:10.02pt">this offering, will be fully paid and non-assessable, except that the Board of Trustees shall have the power to cause shareholders </span><span style="color:#000000;font-family:times new roman;font-size:10.02pt">to pay expenses of the Fund by setting off charges due from shareholders from declared but unpaid dividends or distributions </span><span style="color:#000000;font-family:times new roman;font-size:10.02pt">owed the shareholders and/or by reducing the number of Common Shares owned by each respective shareholder. All Common </span><span style="color:#000000;font-family:times new roman;font-size:10.02pt">Shares are equal as to dividends, assets and voting privileges and have no conversion, preemptive or other subscription rights. </span><span style="color:#000000;font-family:times new roman;font-size:10.02pt">The Fund will send annual and semi-annual reports, including financial statements, to all holders of its shares, as required by </span><span style="color:#000000;font-family:times new roman;font-size:10.02pt">applicable law.</span></div></ix:continuation> <ix:continuation id="t_1_d8e4aaf9_5255_d87f_0005_f8553873a621_4" continuedAt="t_1_d8e4aaf9_5255_d87f_0005_f8553873a621_5"><div style="line-height:12.02pt;margin-top:10.30pt;text-align:left;"><span style="color:#000000;font-family:times new roman;font-size:10.02pt;font-style:italic;margin-left:29pt">Listing and Symbol</span><span style="color:#000000;font-family:times new roman;font-size:10.02pt">. The Fund&#8217;s Common Shares are listed on the NYSE under the symbol &#8220;GOF.&#8221;</span></div></ix:continuation> <ix:continuation id="t_1_d8e4aaf9_5255_d87f_0005_f8553873a621_5" continuedAt="t_1_d8e4aaf9_5255_d87f_0005_f8553873a621_6"><ix:nonNumeric name="cef:SecurityVotingRightsTextBlock" id="t_4_ff1fb109_982d_07a9_ce77_5e4e1a6d7e7b" escape="true" contextRef="I20210920_CommonSharesMember"><div style="line-height:12.02pt;margin-top:10.30pt;text-align:left;"><span style="color:#000000;font-family:times new roman;font-size:10.02pt;font-style:italic;margin-left:29pt">Voting Rights</span><span style="color:#000000;font-family:times new roman;font-size:10.02pt">. Until any Preferred Shares are issued, holders of the Common Shares will vote as a single class to elect the </span><span style="color:#000000;font-family:times new roman;font-size:10.02pt">Fund&#8217;s Board of Trustees and on additional matters with respect to which the 1940 Act mandates a vote by the Fund&#8217;s </span><span style="color:#000000;font-family:times new roman;font-size:10.02pt">shareholders. If Preferred Shares are issued, holders of Preferred Shares will have a right to elect two of the Fund&#8217;s Trustees, and </span><span style="color:#000000;font-family:times new roman;font-size:10.02pt">will have certain other voting rights. See &#8220;Anti-Takeover Provisions in the Fund&#8217;s Governing Documents.&#8221;</span></div></ix:nonNumeric></ix:continuation> <ix:continuation id="t_1_d8e4aaf9_5255_d87f_0005_f8553873a621_6" continuedAt="t_1_d8e4aaf9_5255_d87f_0005_f8553873a621_7"><div style="line-height:12.02pt;margin-top:10.29pt;text-align:left;"><span style="color:#000000;font-family:times new roman;font-size:10.02pt;font-style:italic;margin-left:29pt">Issuance of Additional Common Shares</span><span style="color:#000000;font-family:times new roman;font-size:10.02pt">. The provisions of the 1940 Act generally require that the public offering price </span><span style="color:#000000;font-family:times new roman;font-size:10.02pt">(less underwriting commissions and discounts) of common shares sold by a closed-end investment company must equal or </span><span style="color:#000000;font-family:times new roman;font-size:10.02pt">exceed the net asset value of such company&#8217;s common shares (calculated within 48 hours of the pricing of such offering), unless </span><span style="color:#000000;font-family:times new roman;font-size:10.02pt">such sale is made with the consent of a majority of its common shareholders and under certain other enumerated circumstances. </span><span style="color:#000000;font-family:times new roman;font-size:10.02pt">The Fund may, from time to time, seek the consent of Common Shareholders to permit the issuance and sale by the Fund of </span><span style="color:#000000;font-family:times new roman;font-size:10.02pt">Common Shares at a price below the Fund&#8217;s then-current net asset value, subject to certain conditions. If such consent is </span><span style="color:#000000;font-family:times new roman;font-size:10.02pt">obtained, the Fund may, contemporaneous with and in no event more than one year following the receipt of such consent, sell </span><span style="color:#000000;font-family:times new roman;font-size:10.02pt">Common Shares at a price below net asset value in accordance with any conditions adopted in connection with the giving of </span><span style="color:#000000;font-family:times new roman;font-size:10.02pt">such consent. Additional information regarding any consent of Common Shareholders obtained by the Fund and the applicable </span><span style="color:#000000;font-family:times new roman;font-size:10.02pt">conditions imposed on the issuance and sale by the Fund of Common Shares at a price below net asset value will be disclosed in </span><span style="color:#000000;font-family:times new roman;font-size:10.02pt">the Prospectus Supplement relating to any such offering of Common Shares at a price below net asset value. Until such consent </span><span style="color:#000000;font-family:times new roman;font-size:10.02pt">of Common Shareholders, if any, is obtained, the Fund may not sell Common Shares at a price below net asset value. Because </span><span style="color:#000000;font-family:times new roman;font-size:10.02pt">the Fund&#8217;s advisory fee and sub-advisory fee are based upon average Managed Assets, the Investment Adviser&#8217;s and the Sub-Adviser&#8217;s</span><span style="color:#000000;font-family:times new roman;font-size:10.02pt"> interests in recommending the issuance and sale of Common Shares at a price below net asset value may conflict with </span><span style="color:#000000;font-family:times new roman;font-size:10.02pt">the interests of the Fund and its Common Shareholders.</span></div></ix:continuation> <ix:continuation id="t_1_d8e4aaf9_5255_d87f_0005_f8553873a621_7" continuedAt="t_1_d8e4aaf9_5255_d87f_0005_f8553873a621_8"><div style="line-height:12.02pt;margin-top:10.30pt;text-align:left;"><span style="color:#000000;font-family:times new roman;font-size:10.02pt;font-weight:bold"><ix:nonNumeric name="cef:SecurityTitleTextBlock" id="t_9_f57e1c1b_7c59_b707_cf9d_8eb4d4af421f" escape="true" contextRef="I20210920_BorrowingsMember">Borrowings</ix:nonNumeric></span></div></ix:continuation> <ix:continuation id="t_1_d8e4aaf9_5255_d87f_0005_f8553873a621_8" continuedAt="t_1_d8e4aaf9_5255_d87f_0005_f8553873a621_9"><div style="line-height:12.02pt;margin-top:10.29pt;text-align:left;"><span style="color:#000000;font-family:times new roman;font-size:10.02pt;margin-left:29pt">The Fund is permitted, without prior approval of the Common Shareholders, to borrow money. The Fund may issue notes </span><span style="color:#000000;font-family:times new roman;font-size:10.02pt">or other evidence of indebtedness (including bank borrowings or commercial paper) and may secure any such Borrowings by </span><span style="color:#000000;font-family:times new roman;font-size:10.02pt">mortgaging, pledging or otherwise subjecting the Fund&#8217;s assets as security. In connection with such Borrowings, the Fund may </span><span style="color:#000000;font-family:times new roman;font-size:10.02pt">be required to maintain minimum average balances with the lender or to pay a commitment or other fee to maintain a line of </span><span style="color:#000000;font-family:times new roman;font-size:10.02pt">credit. Any such requirements will increase the cost of borrowing over the stated interest rate.</span></div></ix:continuation> <ix:continuation id="t_1_d8e4aaf9_5255_d87f_0005_f8553873a621_9" continuedAt="t_1_d8e4aaf9_5255_d87f_0005_f8553873a621_10"><div style="line-height:12.02pt;margin-top:10.30pt;text-align:left;"><span style="color:#000000;font-family:times new roman;font-size:10.02pt;font-style:italic;margin-left:29pt">Limitations</span><span style="color:#000000;font-family:times new roman;font-size:10.02pt">. Borrowings by the Fund are subject to certain limitations under the 1940 Act, including the amount of asset </span><span style="color:#000000;font-family:times new roman;font-size:10.02pt">coverage required. In addition, agreements related to the Borrowings may also impose certain requirements, which may be more </span><span style="color:#000000;font-family:times new roman;font-size:10.02pt">stringent than those imposed by the 1940 Act. See &#8220;Use of Financial Leverage&#8221; and &#8220;Risks&#8212;Financial Leverage and Leveraged </span><span style="color:#000000;font-family:times new roman;font-size:10.02pt">Transactions Risk.&#8221;</span></div></ix:continuation> <ix:continuation id="t_1_d8e4aaf9_5255_d87f_0005_f8553873a621_10" continuedAt="t_1_d8e4aaf9_5255_d87f_0005_f8553873a621_11"><div style="line-height:12.02pt;margin-top:10.30pt;text-align:left;"><span style="color:#000000;font-family:times new roman;font-size:10.02pt;font-style:italic;margin-left:29pt">Distribution Preference</span><span style="color:#000000;font-family:times new roman;font-size:10.02pt">. The rights of lenders to the Fund to receive interest on, and repayment of, principal of any such </span><span style="color:#000000;font-family:times new roman;font-size:10.02pt">Borrowings will be senior to those of the Common Shareholders, and the terms of any such Borrowings may contain provisions </span><span style="color:#000000;font-family:times new roman;font-size:10.02pt">which limit certain activities of the Fund, including the payment of dividends to Common Shareholders in certain circumstances.</span></div></ix:continuation> </div> <div style="clear:both;"> </div> <div style="float:left;margin-left:39pt;margin-top:12pt;width:516pt;min-height:12pt;"> <div style="line-height:10.02pt;text-align:center;"><span style="color:#000000;font-family:times new roman;font-size:10.02pt;line-height:10.02pt;margin-left:0%">104</span></div> </div> </div> </div> <div style="float:left;margin-bottom:5.0pt;width:100%;"> </div> <hr style="clear:both;margin-bottom:0.25pt;margin-left:0.25pt;margin-right:0.25pt;margin-top:40.0pt;" /> </div> <div> <div><a id="xx_6f541e02-145b-4442-80b8-adf4d990b3c8_60"></a> <div style="page-break-after:always;position:relative;"> <div style="clear:both;"> </div> <div style="float:left;margin-left:39pt;margin-top:36pt;width:516pt;min-height:696pt;"> <ix:continuation id="t_1_d8e4aaf9_5255_d87f_0005_f8553873a621_11" continuedAt="t_1_d8e4aaf9_5255_d87f_0005_f8553873a621_12"><ix:nonNumeric name="cef:SecurityVotingRightsTextBlock" id="t_6_5962691a_690e_efad_e2c4_f7172625b9b1" escape="true" contextRef="I20210920_BorrowingsMember"><div style="line-height:12.02pt;margin-top:10pt;text-align:left;"><span style="color:#000000;font-family:times new roman;font-size:10.02pt;font-style:italic;margin-left:29pt">Voting Rights</span><span style="color:#000000;font-family:times new roman;font-size:10.02pt">. The 1940 Act does (in certain circumstances) grant to the lenders to the Fund certain voting rights in the </span><span style="color:#000000;font-family:times new roman;font-size:10.02pt">event of default in the payment of interest on, or repayment of, principal. Any Borrowings will likely be ranked senior or equal </span><span style="color:#000000;font-family:times new roman;font-size:10.02pt">to all other existing and future borrowings of the Fund.</span></div></ix:nonNumeric></ix:continuation> <ix:continuation id="t_1_d8e4aaf9_5255_d87f_0005_f8553873a621_12" continuedAt="t_1_d8e4aaf9_5255_d87f_0005_f8553873a621_13"><ix:nonNumeric name="cef:SecurityTitleTextBlock" id="t_7_dc7a4392_f1fd_be54_58b6_fdb184da3d10" escape="true" contextRef="I20210920_PreferredSharesMember"><div style="line-height:12.02pt;margin-top:9.90pt;text-align:left;"><span style="color:#000000;font-family:times new roman;font-size:10.02pt;font-weight:bold">Preferred Shares</span></div></ix:nonNumeric></ix:continuation> <ix:continuation id="t_1_d8e4aaf9_5255_d87f_0005_f8553873a621_13" continuedAt="t_1_d8e4aaf9_5255_d87f_0005_f8553873a621_14"><div style="line-height:12.02pt;margin-top:9.90pt;text-align:left;"><span style="color:#000000;font-family:times new roman;font-size:10.02pt;margin-left:29pt">The Fund&#8217;s Governing Documents provide that the Board of Trustees may authorize and issue preferred shares with </span><span style="color:#000000;font-family:times new roman;font-size:10.02pt">rights as determined by the Board of Trustees, by action of the Board of Trustees without prior approval of the holders of the </span><span style="color:#000000;font-family:times new roman;font-size:10.02pt">Common Shares.</span><span style="color:#000000;font-family:times new roman;font-size:10.02pt"> <ix:nonNumeric name="cef:SecurityPreemptiveAndOtherRightsTextBlock" id="t_8_c0838b79_789d_c233_c482_5edf974f1a6a" escape="true" contextRef="I20210920_PreferredSharesMember">Common Shareholders have no preemptive right to purchase any preferred shares that might be issued. </ix:nonNumeric>Under </span><span style="color:#000000;font-family:times new roman;font-size:10.02pt">the 1940 Act, the Fund may not issue Preferred Shares if, immediately after issuance, the Fund would have asset coverage (as </span><span style="color:#000000;font-family:times new roman;font-size:10.02pt">defined in the 1940 Act) of less than 200%, calculated as the ratio of the Fund&#8217;s total assets (less all liabilities and indebtedness </span><span style="color:#000000;font-family:times new roman;font-size:10.02pt">not represented by senior securities) over the aggregate amount of the Fund&#8217;s outstanding senior securities representing </span><span style="color:#000000;font-family:times new roman;font-size:10.02pt">indebtedness plus the aggregate liquidation preference of any outstanding shares of preferred stock. <ix:nonNumeric name="cef:SecurityDividendsTextBlock" id="t_10_cdcb9aef_c7b4_b8c4_7c39_1e9daab40266" escape="true" continuedAt="t_10_cdcb9aef_c7b4_b8c4_7c39_1e9daab40266_1" contextRef="I20210920_PreferredSharesMember">In addition, the Fund </ix:nonNumeric></span><span style="color:#000000;font-family:times new roman;font-size:10.02pt"><ix:continuation id="t_10_cdcb9aef_c7b4_b8c4_7c39_1e9daab40266_1" continuedAt="t_10_cdcb9aef_c7b4_b8c4_7c39_1e9daab40266_2">generally is not permitted to declare any cash dividend or other distribution on the Fund&#8217;s Common Shares, or purchase any such </ix:continuation></span><span style="color:#000000;font-family:times new roman;font-size:10.02pt"><ix:continuation id="t_10_cdcb9aef_c7b4_b8c4_7c39_1e9daab40266_2" continuedAt="t_10_cdcb9aef_c7b4_b8c4_7c39_1e9daab40266_3">Common Shares, unless, at the time of such declaration, the Fund would have asset coverage (as described above) of at least </ix:continuation></span><span style="color:#000000;font-family:times new roman;font-size:10.02pt"><ix:continuation id="t_10_cdcb9aef_c7b4_b8c4_7c39_1e9daab40266_3">200% after deducting the amount of such dividend or other distribution.</ix:continuation> The 1940 Act grants to the holders of senior securities </span><span style="color:#000000;font-family:times new roman;font-size:10.02pt">representing stock issued by the Fund certain voting rights. Failure to maintain certain asset coverage requirements under the </span><span style="color:#000000;font-family:times new roman;font-size:10.02pt">1940 Act could entitle the holders of Preferred Shares to elect a majority of the Board. If the Fund issues and has preferred </span><span style="color:#000000;font-family:times new roman;font-size:10.02pt">shares outstanding, the Common Shareholders will generally not be entitled to receive any distributions from the Fund unless all </span><span style="color:#000000;font-family:times new roman;font-size:10.02pt">accrued dividends on preferred shares have been paid. Issuance of preferred shares would constitute financial leverage and </span><span style="color:#000000;font-family:times new roman;font-size:10.02pt">would entail special risks to the Common Shareholders. The Fund has no present intention to issue preferred shares.</span></div></ix:continuation> <ix:continuation id="t_1_d8e4aaf9_5255_d87f_0005_f8553873a621_14" continuedAt="t_1_d8e4aaf9_5255_d87f_0005_f8553873a621_15"><div style="line-height:12.02pt;margin-top:10.00pt;text-align:left;"><span style="color:#000000;font-family:times new roman;font-size:10.02pt;font-weight:bold">Capitalization</span></div></ix:continuation> <ix:continuation id="t_1_d8e4aaf9_5255_d87f_0005_f8553873a621_15" continuedAt="t_1_d8e4aaf9_5255_d87f_0005_f8553873a621_16"><ix:nonNumeric name="cef:OutstandingSecuritiesTableTextBlock" id="t_11_f6ac0847_5577_9a0e_884d_0e4151a146f8" escape="true" continuedAt="t_11_f6ac0847_5577_9a0e_884d_0e4151a146f8_1" contextRef="DefaultContext"><div style="line-height:12.02pt;margin-top:10.00pt;text-align:left;"><span style="color:#000000;font-family:times new roman;font-size:10.02pt;margin-left:29pt">The following table provides information about the outstanding securities of the Fund as of May 31, 2021:</span><span style="color:#000000;font-family:times new roman;font-size:1pt;line-height:1pt">&#8195;</span></div></ix:nonNumeric></ix:continuation> <div style="line-height:1.0pt;margin-top:5.00pt;text-align:left;"> </div> <div style="margin-top:0.0pt;"> <ix:continuation id="t_1_d8e4aaf9_5255_d87f_0005_f8553873a621_16"><ix:continuation id="t_11_f6ac0847_5577_9a0e_884d_0e4151a146f8_1">
<table style="empty-cells:show;width:516pt" cellpadding="0" cellspacing="0">
<tr style="height:20.35pt">
<td style="background-color:#FFFFFF;padding-bottom:1.35pt;padding-top:1.35pt;vertical-align:Bottom;width:279.04pt;"> <div style="line-height:11.0pt;text-align:left;"> <div style="margin-left:3pt;margin-right:6pt;text-align:left;white-space:nowrap;"><span style="border-bottom:0.5pt groove #000000;color:#000000;font-family:times new roman;font-size:10.02pt;font-weight:bold;margin-left:0.0pt">Title of Class</span></div> </div> </td>
<td style="background-color:#FFFFFF;padding-bottom:1.35pt;padding-top:1.35pt;vertical-align:Bottom;width:59.91pt;"> <div style="line-height:13.02pt;text-align:left;"> <div style="border-bottom:0.5pt solid #000000;margin-left:4pt;margin-right:4pt;padding-bottom:1pt;"> <div style="text-align:center;white-space:nowrap;"><span style="color:#000000;font-family:times new roman;font-size:10.02pt;font-weight:bold">Amount</span></div> <div style="text-align:center;white-space:nowrap;"><span style="color:#000000;font-family:times new roman;font-size:10.02pt;font-weight:bold">Authorized</span></div> </div> </div> </td>
<td style="background-color:#FFFFFF;padding-bottom:1.35pt;padding-top:1.35pt;vertical-align:Bottom;width:111.61pt;"> <div style="line-height:13.02pt;text-align:left;"> <div style="border-bottom:0.5pt solid #000000;margin-left:4pt;margin-right:4pt;padding-bottom:1pt;"> <div style="text-align:center;white-space:nowrap;"><span style="color:#000000;font-family:times new roman;font-size:10.02pt;font-weight:bold">Amount Held by the</span></div> <div style="text-align:center;white-space:nowrap;"><span style="color:#000000;font-family:times new roman;font-size:10.02pt;font-weight:bold">Fund or for its Account</span></div> </div> </div> </td>
<td style="background-color:#FFFFFF;padding-bottom:1.35pt;padding-top:1.35pt;vertical-align:Bottom;width:65.43pt;"> <div style="line-height:13.02pt;text-align:left;"> <div style="border-bottom:0.5pt solid #000000;margin-left:4pt;margin-right:4pt;padding-bottom:1pt;"> <div style="text-align:center;white-space:nowrap;"><span style="color:#000000;font-family:times new roman;font-size:10.02pt;font-weight:bold">Amount </span></div> <div style="text-align:center;white-space:nowrap;"><span style="color:#000000;font-family:times new roman;font-size:10.02pt;font-weight:bold">Outstanding</span></div> </div> </div> </td> </tr>
<tr style="height:8.35pt">
<td style="background-color:#FFFFFF;padding-bottom:1.5pt;padding-top:1.35pt;vertical-align:Bottom;width:279.04pt;"> <div style="line-height:10pt;text-align:left;"> <div style="margin-left:3pt;margin-right:6pt;text-align:left;white-space:nowrap;"><span style="color:#000000;font-family:times new roman;font-size:10.02pt;margin-left:0.0pt"><ix:nonNumeric name="cef:OutstandingSecurityTitleTextBlock" id="t_2_cec43d08_6170_93f7_ede4_b252c5b1c25f" escape="true" contextRef="I20210531_CommonSharesMember">Common shares of beneficial interest, par value $0.01 per share</ix:nonNumeric></span></div> </div> </td>
<td style="background-color:#FFFFFF;padding-bottom:1.5pt;padding-top:1.35pt;vertical-align:Bottom;width:59.91pt;"> <div style="line-height:10pt;text-align:left;"> <div style="margin-left:9.64pt;margin-right:9.64pt;text-align:center;white-space:nowrap;"><span style="color:#000000;font-family:times new roman;font-size:10.02pt;margin-left:0.00pt">Unlimited</span></div> </div> </td>
<td style="background-color:#FFFFFF;padding-bottom:1.5pt;padding-top:1.35pt;vertical-align:Bottom;width:111.61pt;"> <div style="line-height:10pt;text-align:left;"> <div style="margin-left:50.795pt;margin-right:50.795pt;text-align:center;white-space:nowrap;"><span style="color:#000000;font-family:times new roman;font-size:10.02pt;margin-left:0.0pt"><span class="sec-hidden" title="Manually tagged" style="-sec-ix-hidden:h_3_05f1e8a6_0868_2019_5a76_4345ece2c6fa">&#8212;</span></span></div> </div> </td>
<td style="background-color:#FFFFFF;padding-bottom:1.5pt;padding-top:1.35pt;vertical-align:Bottom;width:65.43pt;"> <div style="line-height:10pt;text-align:left;"> <div style="margin-left:4pt;margin-right:4pt;text-align:center;white-space:nowrap;"><span style="color:#000000;font-family:times new roman;font-size:10.02pt;margin-left:0.00pt"><ix:nonFraction name="cef:OutstandingSecurityNotHeldShares" id="h_2_1ce4163d_235e_10a2_3890_cfb8c05b9895" contextRef="I20210531_CommonSharesMember" unitRef="shares" decimals="INF" scale="0" format="ixt:numdotdecimal">51,503,912</ix:nonFraction></span></div> </div> </td> </tr> </table></ix:continuation></ix:continuation> </div> <div style="line-height:22.02pt;margin-top:12pt;text-align:center;"><span style="color:#000000;font-family:times new roman;font-size:10.02pt;font-weight:bold;margin-left:0%;text-transform:uppercase">ANTI-TAKEOVER AND OTHER PROVISIONS IN THE FUND&#8217;S GOVERNING DOCUMENTS</span></div> <div style="line-height:12.02pt;margin-top:5.00pt;text-align:left;"><span style="color:#000000;font-family:times new roman;font-size:10.02pt;margin-left:29pt">The Fund presently has provisions in its Governing Documents which could have the effect of limiting, in each case, </span><span style="color:#000000;font-family:times new roman;font-size:10.02pt">(i) the ability of other entities or persons to acquire control of the Fund, (ii) the Fund&#8217;s freedom to engage in certain transactions </span><span style="color:#000000;font-family:times new roman;font-size:10.02pt">or (iii) the ability of the Fund&#8217;s Trustees or shareholders to amend the Governing Documents or effectuate changes in the Fund&#8217;s </span><span style="color:#000000;font-family:times new roman;font-size:10.02pt">management. These provisions of the Governing Documents of the Fund may be regarded as &#8220;anti-takeover&#8221; provisions. The </span><span style="color:#000000;font-family:times new roman;font-size:10.02pt">Board of Trustees is divided into two classes, with the terms of one class expiring at each annual meeting of shareholders. At </span><span style="color:#000000;font-family:times new roman;font-size:10.02pt">each annual meeting, one class of Trustees is elected to a two-year term. This provision could delay for up to one year the </span><span style="color:#000000;font-family:times new roman;font-size:10.02pt">replacement of a majority of the Board of Trustees. A Trustee may be removed from office by the action of a majority of the </span><span style="color:#000000;font-family:times new roman;font-size:10.02pt">remaining Trustees followed by a vote of the holders of at least 75% of the shares then entitled to vote for the election of the </span><span style="color:#000000;font-family:times new roman;font-size:10.02pt">respective Trustee.</span></div> <div style="line-height:12.02pt;margin-top:10.00pt;text-align:left;"><span style="color:#000000;font-family:times new roman;font-size:10.02pt;margin-left:29pt">In addition, the Fund&#8217;s Agreement and Declaration of Trust requires the favorable vote of a majority of the Fund&#8217;s Board </span><span style="color:#000000;font-family:times new roman;font-size:10.02pt">of Trustees followed by the favorable vote of the holders of at least 75% of the outstanding shares of each affected class or series </span><span style="color:#000000;font-family:times new roman;font-size:10.02pt">of the Fund, voting separately as a class or series, to approve, adopt or authorize certain transactions with 5% or greater holders </span><span style="color:#000000;font-family:times new roman;font-size:10.02pt">of a class or series of shares and their associates, unless the transaction has been approved by at least 80% of the Trustees, in </span><span style="color:#000000;font-family:times new roman;font-size:10.02pt">which case &#8220;a majority of the outstanding voting securities&#8221; (as defined in the 1940 Act) of the Fund shall be required. For </span><span style="color:#000000;font-family:times new roman;font-size:10.02pt">purposes of these provisions, a 5% or greater holder of a class or series of shares (a &#8220;Principal Shareholder&#8221;) refers to any </span><span style="color:#000000;font-family:times new roman;font-size:10.02pt">person who, whether directly or indirectly and whether alone or together with its affiliates and associates, beneficially owns 5% </span><span style="color:#000000;font-family:times new roman;font-size:10.02pt">or more of the outstanding shares of any class or series of shares of beneficial interest of the Fund.</span></div> <div style="line-height:12.02pt;margin-top:10.00pt;text-align:left;"><span style="color:#000000;font-family:times new roman;font-size:10.02pt;margin-left:29pt">The 5% holder transactions subject to these special approval requirements are:</span></div> <div> <div style="clear:both;margin-top:10.00pt;position:relative;width:100%;"> <div style="float:left;line-height:12.02pt;text-align:left;width:3.51pt;"><span style="color:#000000;font-family:times new roman;font-size:10.02pt">&#8226;</span></div> <div style="float:left;line-height:12.02pt;margin-left:25.49pt;text-align:left;width:482.00pt;"><span style="color:#000000;font-family:times new roman;font-size:10.02pt">the merger or consolidation of the Fund or any subsidiary of the Fund with or into any Principal Shareholder;</span></div> </div> <div style="clear:both;position:relative;"> </div> </div> <div> <div style="clear:both;margin-top:10.00pt;position:relative;width:100%;"> <div style="float:left;line-height:12.02pt;text-align:left;width:3.51pt;"><span style="color:#000000;font-family:times new roman;font-size:10.02pt">&#8226;</span></div> <div style="float:left;line-height:12.02pt;margin-left:25.49pt;text-align:justify;width:482.00pt;"><span style="color:#000000;font-family:times new roman;font-size:10.02pt">the issuance of any securities of the Fund to any Principal Shareholder for cash (other than pursuant of any automatic </span><span style="color:#000000;font-family:times new roman;font-size:10.02pt">dividend reinvestment plan);</span></div> </div> <div style="clear:both;position:relative;"> </div> </div> <div> <div style="clear:both;margin-top:10.00pt;position:relative;width:100%;"> <div style="float:left;line-height:12.02pt;text-align:left;width:3.51pt;"><span style="color:#000000;font-family:times new roman;font-size:10.02pt">&#8226;</span></div> <div style="float:left;line-height:12.02pt;margin-left:25.49pt;text-align:justify;width:482.00pt;"><span style="color:#000000;font-family:times new roman;font-size:10.02pt">the sale, lease or exchange of all or any substantial part of the assets of the Fund to any Principal Shareholder, except </span><span style="color:#000000;font-family:times new roman;font-size:10.02pt">assets having an aggregate fair market value of less than $1,000,000, aggregating for the purpose of such computation all </span><span style="color:#000000;font-family:times new roman;font-size:10.02pt">assets sold, leased or exchanged in any series of similar transactions within a twelve-month period; or</span></div> </div> <div style="clear:both;position:relative;"> </div> </div> </div> <div style="clear:both;"> </div> <div style="float:left;margin-left:39pt;margin-top:12pt;width:516pt;min-height:12pt;"> <div style="line-height:10.02pt;text-align:center;"><span style="color:#000000;font-family:times new roman;font-size:10.02pt;line-height:10.02pt;margin-left:0%">105</span></div> </div> </div> </div> <div style="float:left;margin-bottom:5.0pt;width:100%;"> </div> <hr style="clear:both;margin-bottom:0.25pt;margin-left:0.25pt;margin-right:0.25pt;margin-top:40.0pt;" /> </div> <div> <div><a id="xx_6f541e02-145b-4442-80b8-adf4d990b3c8_61"></a> <div style="page-break-after:always;position:relative;"> <div style="clear:both;"> </div> <div style="float:left;margin-left:39pt;margin-top:36pt;width:516pt;min-height:696pt;"> <div> <div style="clear:both;position:relative;width:100%;"> <div style="float:left;line-height:12.02pt;text-align:left;width:3.51pt;"><span style="color:#000000;font-family:times new roman;font-size:10.02pt">&#8226;</span></div> <div style="float:left;line-height:12.02pt;margin-left:25.49pt;text-align:justify;width:482.00pt;"><span style="color:#000000;font-family:times new roman;font-size:10.02pt">the sale, lease or exchange to the Fund or any subsidiary of the Fund, in exchange for securities of the Fund, of any assets </span><span style="color:#000000;font-family:times new roman;font-size:10.02pt">of any Principal Shareholder, except assets having an aggregate fair market value of less than $1,000,000, aggregating for </span><span style="color:#000000;font-family:times new roman;font-size:10.02pt">purposes of such computation all assets sold, leased or exchanged in any series of similar transactions within a twelve-</span><span style="color:#000000;font-family:times new roman;font-size:10.02pt">month period.</span></div> </div> <div style="clear:both;position:relative;"> </div> </div> <div style="line-height:12.02pt;margin-top:10.30pt;text-align:left;"><span style="color:#000000;font-family:times new roman;font-size:10.02pt;margin-left:29pt">To convert the Fund to an open-end investment company, the Fund&#8217;s Agreement and Declaration of Trust requires the </span><span style="color:#000000;font-family:times new roman;font-size:10.02pt">favorable vote of a majority of the Board of the Trustees followed by the favorable vote of the holders of at least 75% of the </span><span style="color:#000000;font-family:times new roman;font-size:10.02pt">outstanding shares of each affected class or series of shares of the Fund, voting separately as a class or series, unless such </span><span style="color:#000000;font-family:times new roman;font-size:10.02pt">amendment has been approved by at least 80% of the Trustees, in which case &#8220;a majority of the outstanding voting securities&#8221; </span><span style="color:#000000;font-family:times new roman;font-size:10.02pt">(as defined in the 1940 Act) of the Fund shall be required. The foregoing vote would satisfy a separate requirement in the 1940 </span><span style="color:#000000;font-family:times new roman;font-size:10.02pt">Act that any conversion of the Fund to an open-end investment company be approved by the shareholders. If approved in the </span><span style="color:#000000;font-family:times new roman;font-size:10.02pt">foregoing manner, conversion of the Fund to an open-end investment company could not occur until 90 days after the </span><span style="color:#000000;font-family:times new roman;font-size:10.02pt">shareholders&#8217; meeting at which such conversion was approved and would also require at least 30 days&#8217; prior notice to all </span><span style="color:#000000;font-family:times new roman;font-size:10.02pt">shareholders.</span></div> <div style="line-height:12.02pt;margin-top:10.30pt;text-align:left;"><span style="color:#000000;font-family:times new roman;font-size:10.02pt;margin-left:29pt">To liquidate the Fund, the Fund&#8217;s Agreement and Declaration of Trust requires the favorable vote of a majority of the </span><span style="color:#000000;font-family:times new roman;font-size:10.02pt">Board of Trustees followed by the favorable vote of the holders of at least 75% of the outstanding shares of each affected class </span><span style="color:#000000;font-family:times new roman;font-size:10.02pt">or series of the Fund, voting separately as a class or series, unless such liquidation has been approved by at least 80% of </span><span style="color:#000000;font-family:times new roman;font-size:10.02pt">Trustees, in which case &#8220;a majority of the outstanding voting securities&#8221; (as defined in the 1940 Act) of the Fund shall be </span><span style="color:#000000;font-family:times new roman;font-size:10.02pt">required.</span></div> <div style="line-height:12.02pt;margin-top:10.30pt;text-align:left;"><span style="color:#000000;font-family:times new roman;font-size:10.02pt;margin-left:29pt">For the purposes of calculating &#8220;a majority of the outstanding voting securities&#8221; under the Fund&#8217;s Agreement and </span><span style="color:#000000;font-family:times new roman;font-size:10.02pt">Declaration of Trust, each class and series of the Fund shall vote together as a single class, except to the extent required by the </span><span style="color:#000000;font-family:times new roman;font-size:10.02pt">1940 Act or the Fund&#8217;s Agreement and Declaration of Trust with respect to any class or series of shares. If a separate vote is </span><span style="color:#000000;font-family:times new roman;font-size:10.02pt">required, the applicable proportion of shares of the class or series, voting as a separate class or series, also will be required.</span></div> <div style="line-height:12.02pt;margin-top:10.30pt;text-align:left;"><span style="color:#000000;font-family:times new roman;font-size:10.02pt;margin-left:29pt">The Board of Trustees has determined that provisions with respect to the Board of Trustees and the shareholder voting </span><span style="color:#000000;font-family:times new roman;font-size:10.02pt">requirements described above, which voting requirements are greater than the minimum requirements under Delaware law or the </span><span style="color:#000000;font-family:times new roman;font-size:10.02pt">1940 Act, are in the best interest of shareholders generally. Reference should be made to the Fund&#8217;s Agreement and Declaration </span><span style="color:#000000;font-family:times new roman;font-size:10.02pt">of Trust on file with the SEC for the full text of these provisions. See &#8220;Additional Information.&#8221;</span></div> <div style="line-height:22.02pt;margin-top:7.30pt;text-align:center;"><span style="color:#000000;font-family:times new roman;font-size:10.02pt;font-weight:bold;margin-left:0%;text-transform:uppercase">CLOSED-END FUND STRUCTURE</span></div> <div style="line-height:12.02pt;margin-top:5.30pt;text-align:left;"><span style="color:#000000;font-family:times new roman;font-size:10.02pt;margin-left:29pt">Closed-end funds differ from open-end management investment companies (commonly referred to as mutual funds) in </span><span style="color:#000000;font-family:times new roman;font-size:10.02pt">that closed-end funds generally list their shares for trading on a securities exchange and do not redeem their shares at the option </span><span style="color:#000000;font-family:times new roman;font-size:10.02pt">of the shareholder. By comparison, mutual funds issue securities redeemable at net asset value at the option of the shareholder </span><span style="color:#000000;font-family:times new roman;font-size:10.02pt">and typically engage in a continuous offering of their shares. Mutual funds are subject to continuous asset in-flows and out-flows</span><span style="color:#000000;font-family:times new roman;font-size:10.02pt"> that can complicate portfolio management, whereas closed-end funds generally can stay more fully invested in securities </span><span style="color:#000000;font-family:times new roman;font-size:10.02pt">consistent with the closed-end fund&#8217;s investment objective and policies. In addition, in comparison to open-end funds, closed-end</span><span style="color:#000000;font-family:times new roman;font-size:10.02pt"> funds have greater flexibility in their ability to make certain types of investments, including investments in illiquid </span><span style="color:#000000;font-family:times new roman;font-size:10.02pt">securities.</span></div> <div style="line-height:12.02pt;margin-top:10.30pt;text-align:left;"><span style="color:#000000;font-family:times new roman;font-size:10.02pt;margin-left:29pt">However, shares of closed-end investment companies listed for trading on a securities exchange frequently trade at a </span><span style="color:#000000;font-family:times new roman;font-size:10.02pt">discount from net asset value, but in some cases trade at a premium. The market price may be affected by trading volume of the </span><span style="color:#000000;font-family:times new roman;font-size:10.02pt">shares, general market and economic conditions and other factors beyond the control of the closed-end fund. The foregoing </span><span style="color:#000000;font-family:times new roman;font-size:10.02pt">factors may result in the market price of the Common Shares being greater than, less than or equal to net asset value.</span><span style="color:#000000;font-family:times new roman;font-size:10.02pt;line-height:12.02pt"> </span></div> <div style="line-height:12.02pt;margin-top:10.30pt;text-align:left;"><span style="color:#000000;font-family:times new roman;font-size:10.02pt;margin-left:29pt">The Fund reserves the right to merge or reorganize with another fund, liquidate or convert into an open-end fund, in each </span><span style="color:#000000;font-family:times new roman;font-size:10.02pt">case subject to applicable approvals by shareholders and the Fund&#8217;s Board as required by law and the Fund&#8217;s governing </span><span style="color:#000000;font-family:times new roman;font-size:10.02pt">documents. The Board of Trustees has reviewed the structure of the Fund in light of its investment objective and policies and has </span><span style="color:#000000;font-family:times new roman;font-size:10.02pt">determined that the closed-end structure is in the best interests of the shareholders. Investors should assume that it is unlikely </span><span style="color:#000000;font-family:times new roman;font-size:10.02pt">that the Board would vote to convert the Fund to an open-end investment company.</span><span style="color:#000000;font-family:times new roman;font-size:10.02pt;line-height:12.02pt"> </span></div> </div> <div style="clear:both;"> </div> <div style="float:left;margin-left:39pt;margin-top:12pt;width:516pt;min-height:12pt;"> <div style="line-height:10.02pt;text-align:center;"><span style="color:#000000;font-family:times new roman;font-size:10.02pt;line-height:10.02pt;margin-left:0%">106</span></div> </div> </div> </div> <div style="float:left;margin-bottom:5.0pt;width:100%;"> </div> <hr style="clear:both;margin-bottom:0.25pt;margin-left:0.25pt;margin-right:0.25pt;margin-top:40.0pt;" /> </div> <div> <div><a id="xx_6f541e02-145b-4442-80b8-adf4d990b3c8_62"></a> <div style="page-break-after:always;position:relative;"> <div style="clear:both;"> </div> <div style="float:left;margin-left:39pt;margin-top:36pt;width:516pt;min-height:696pt;"> <div style="line-height:22.02pt;margin-top:12pt;text-align:center;"><span style="color:#000000;font-family:times new roman;font-size:10.02pt;font-weight:bold;margin-left:0%;text-transform:uppercase">REPURCHASE OF COMMON SHARES; CONVERSION TO OPEN-END FUND</span></div> <div style="line-height:12.02pt;margin-top:5.00pt;text-align:left;"><span style="color:#000000;font-family:times new roman;font-size:10.02pt;font-weight:bold">Repurchase of Common Shares</span></div> <div style="line-height:12.02pt;margin-top:10.00pt;text-align:left;"><span style="color:#000000;font-family:times new roman;font-size:10.02pt;margin-left:29pt">The Board of Trustees will review periodically the trading range and activity of the Fund&#8217;s shares with respect to its net </span><span style="color:#000000;font-family:times new roman;font-size:10.02pt">asset value and the Board may take certain actions to seek to reduce or eliminate any such discount. Such actions may include </span><span style="color:#000000;font-family:times new roman;font-size:10.02pt">open market repurchases or tender offers for the Common Shares at net asset value. There can be no assurance that the Board </span><span style="color:#000000;font-family:times new roman;font-size:10.02pt">will decide to undertake any of these actions or that, if undertaken, such actions would result in the Common Shares trading at a </span><span style="color:#000000;font-family:times new roman;font-size:10.02pt">price equal to or close to net asset value per Common Share.</span></div> <div style="line-height:12.02pt;margin-top:10.00pt;text-align:left;"><span style="color:#000000;font-family:times new roman;font-size:10.02pt;font-weight:bold">Conversion to Open-End Fund</span></div> <div style="line-height:12.02pt;margin-top:10.00pt;text-align:left;"><span style="color:#000000;font-family:times new roman;font-size:10.02pt;margin-left:29pt">To convert the Fund to an open-end investment company, the Declaration of Trust requires the favorable vote of a </span><span style="color:#000000;font-family:times new roman;font-size:10.02pt">majority of the Board of Trustees followed by the favorable vote of the holders of at least 75% of the outstanding shares of each </span><span style="color:#000000;font-family:times new roman;font-size:10.02pt">affected class or series of shares of the Fund, voting separately as a class or series, unless such amendment has been approved by </span><span style="color:#000000;font-family:times new roman;font-size:10.02pt">at least 80% of the Trustees, in which case &#8220;a majority of the outstanding voting securities&#8221; (as defined in the 1940 Act) of the </span><span style="color:#000000;font-family:times new roman;font-size:10.02pt">Fund shall be required. </span><span style="color:#000000;font-family:times new roman;font-size:10.02pt">The foregoing vote would satisfy a separate requirement in the 1940 Act that any conversion of the Fund </span><span style="color:#000000;font-family:times new roman;font-size:10.02pt">to an open-end investment company be approved by the shareholders. If approved in the foregoing manner, conversion of the </span><span style="color:#000000;font-family:times new roman;font-size:10.02pt">Fund to an open-end investment company could not occur until 90 days after the shareholders&#8217; meeting at which such conversion </span><span style="color:#000000;font-family:times new roman;font-size:10.02pt">was approved and would also require at least 30 days&#8217; prior notice to all shareholders.</span></div> <div style="line-height:12.02pt;margin-top:10.00pt;text-align:left;"><span style="color:#000000;font-family:times new roman;font-size:10.02pt;margin-left:29pt">In the event of conversion, the Common Shares would cease to be listed on the NYSE or other national securities </span><span style="color:#000000;font-family:times new roman;font-size:10.02pt">exchange or market system. The Board of Trustees believes, however, that the closed-end structure is desirable, given the Fund&#8217;s </span><span style="color:#000000;font-family:times new roman;font-size:10.02pt">investment objectives and policies. Investors should assume, therefore, that it is unlikely that the Board of Trustees would vote to </span><span style="color:#000000;font-family:times new roman;font-size:10.02pt">convert the Fund to an open-end investment company. Shareholders of an open-end investment company may require the </span><span style="color:#000000;font-family:times new roman;font-size:10.02pt">company to redeem their shares at any time (except in certain circumstances as authorized by or under the 1940 Act) at their net </span><span style="color:#000000;font-family:times new roman;font-size:10.02pt">asset value, less such redemption charge, if any, as might be in effect at the time of a redemption. The Fund would expect to pay </span><span style="color:#000000;font-family:times new roman;font-size:10.02pt">all such redemption requests in cash, but intends to reserve the right to pay redemption requests in a combination of cash or </span><span style="color:#000000;font-family:times new roman;font-size:10.02pt">securities. If such partial payment in securities were made, investors may incur brokerage costs in converting such securities to </span><span style="color:#000000;font-family:times new roman;font-size:10.02pt">cash. If the Fund were converted to an open-end fund, it is likely that new Common Shares would be sold at net asset value plus </span><span style="color:#000000;font-family:times new roman;font-size:10.02pt">a sales load.</span></div> <div style="line-height:22.02pt;margin-top:7.00pt;text-align:center;"><span style="color:#000000;font-family:times new roman;font-size:10.02pt;font-weight:bold;margin-left:0%;text-transform:uppercase">U.S. FEDERAL INCOME TAX CONSIDERATIONS</span></div> <div style="line-height:12.02pt;margin-top:5.00pt;text-align:left;"><span style="color:#000000;font-family:times new roman;font-size:10.02pt;margin-left:29pt">The following discussion is a brief summary of certain U.S. federal income tax considerations affecting the Fund and the </span><span style="color:#000000;font-family:times new roman;font-size:10.02pt">ownership and disposition of the Fund&#8217;s Common Shares. A more complete discussion of the tax rules applicable to the Fund </span><span style="color:#000000;font-family:times new roman;font-size:10.02pt">and its Common Shareholders can be found in the SAI that is incorporated by reference into this Prospectus. Except as </span><span style="color:#000000;font-family:times new roman;font-size:10.02pt">otherwise noted, this discussion assumes you are a taxable U.S. person and that you hold your Common Shares as capital assets </span><span style="color:#000000;font-family:times new roman;font-size:10.02pt">for U.S. federal income tax purposes (generally, assets held for investments). This discussion is based upon current provisions of </span><span style="color:#000000;font-family:times new roman;font-size:10.02pt">the Internal Revenue Code of 1986, as amended (the &#8220;Code&#8221;), the regulations promulgated thereunder and judicial and </span><span style="color:#000000;font-family:times new roman;font-size:10.02pt">administrative authorities, all of which are subject to change or differing interpretations by the courts or the Internal Revenue </span><span style="color:#000000;font-family:times new roman;font-size:10.02pt">Service (the &#8220;IRS&#8221;), possibly with retroactive effect. No attempt is made to present a detailed explanation of all U.S. federal tax </span><span style="color:#000000;font-family:times new roman;font-size:10.02pt">concerns affecting the Fund and its Common Shareholders (including Common Shareholders subject to special treatment under </span><span style="color:#000000;font-family:times new roman;font-size:10.02pt">U.S. federal income tax law). No assurance can be given that the IRS would not assert, or that a court would not sustain, a </span><span style="color:#000000;font-family:times new roman;font-size:10.02pt">position contrary to any of the tax aspects set forth below.</span></div> <div style="line-height:12.02pt;margin-top:10.00pt;text-align:left;"> <div style="line-height:12.02pt;margin-top:10.00pt;text-align:left;"><span style="color:#000000;font-family:times new roman;font-size:10.02pt;font-weight:bold;margin-left:29pt">The discussion set forth herein does not constitute tax advice and potential investors are urged to consult their own </span><span style="color:#000000;font-family:times new roman;font-size:10.02pt;font-weight:bold">tax advisers to determine the specific U.S. federal, state, local and foreign tax consequences to them of investing in the </span><span style="color:#000000;font-family:times new roman;font-size:10.02pt;font-weight:bold">Fund.</span></div> </div> <div style="line-height: 12.02pt; margin-top: 10.00pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-weight: bold;">Taxation of the Fund</span></div> <div style="line-height: 12.02pt; margin-top: 10.00pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;">The Fund has elected and intends to continue to be treated and to qualify annually as a regulated investment company (a </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">&#8220;RIC&#8221;) under Subchapter M of the Code. Accordingly, the Fund must, among other things, meet certain income, asset </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">diversification and distribution requirements.</span></div> <div> <div style="clear: both; margin-top: 9.99pt; position: relative; width: 100%;"> <div style="float: left; line-height: 12.02pt; text-align: left; width: 9.45pt;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">(i)</span></div> <div style="float: left; line-height: 12.02pt; margin-left: 62.55pt; text-align: justify; width: 439.00pt;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">The Fund must derive in each taxable year at least 90% of its gross income from the following sources: </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">(a) dividends, interest (including tax-exempt interest), payments with respect to certain securities loans, and </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">gains from the sale or other disposition of stock, securities or foreign currencies, or other income (including </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">gain from options, futures and forward contracts) derived with respect to its business of investing in such stock, </span></div> </div> <div style="clear: both; position: relative;"></div> </div> </div> <div style="clear: both;"></div> <div style="float: left; margin-left: 39pt; margin-top: 12pt; width: 516pt; min-height: 12pt;"> <div style="line-height: 10.02pt; text-align: center;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; line-height: 10.02pt; margin-left: 0%;">107</span></div> </div> </div> </div> <div style="float: left; margin-bottom: 5.0pt; width: 100%;"></div> <hr style="clear: both; margin: 40.0pt 0.25pt 0.25pt 0.25pt;" /></div> <div> <div><a id="xx_6f541e02-145b-4442-80b8-adf4d990b3c8_63"></a> <div style="page-break-after: always; position: relative;"> <div style="clear: both;"></div> <div style="float: left; min-height: 696pt; margin-left: 39pt; margin-top: 36pt; width: 516pt;"> <div style="line-height: 12.02pt; margin-left: 72pt; text-align: justify;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.00%;">securities or foreign currencies; and (b) interests in &#8220;qualified publicly traded partnerships&#8221; (as defined in the </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">Code). Generally, a qualified publicly traded partnership includes a partnership the interests of which are </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">traded on an established securities market or readily tradable on a secondary market (or the substantial </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">equivalent thereof).</span></div> <div> <div style="clear: both; margin-top: 9.80pt; position: relative; width: 100%;"> <div style="float: left; line-height: 12.02pt; text-align: left; width: 12.24pt;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">(ii)</span></div> <div style="float: left; line-height: 12.02pt; margin-left: 59.76pt; text-align: justify; width: 439.00pt;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">The Fund must diversify its holdings so that, at the end of each quarter of each taxable year (a) at least 50% of </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">the market value of the Fund&#8217;s total assets is represented by cash and cash items, U.S. government securities, </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">the securities of other RICs and other securities, with such other securities limited, in respect of any one issuer, </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">to an amount not greater than 5% of the value of the Fund&#8217;s total assets and not more than 10% of the </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">outstanding voting securities of such issuer and (b) not more than 25% of the market value of the Fund&#8217;s total </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">assets is invested in the securities (other than U.S. government securities and the securities of other RICs) of </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">(I) any one issuer, (II) any two or more issuers that the Fund controls and that are determined to be engaged in </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">the same business or similar or related trades or businesses or (III) any one or more &#8220;qualified publicly traded </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">partnerships&#8221; (as defined in the Code).</span></div> </div> <div style="clear: both; position: relative;"></div> </div> <div> <div style="clear: both; margin-top: 9.90pt; position: relative; width: 100%;"> <div style="float: left; line-height: 12.02pt; text-align: left; width: 15.02pt;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">(iii)</span></div> <div style="float: left; line-height: 12.02pt; margin-left: 56.98pt; text-align: justify; width: 439.00pt;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">The Fund must distribute in each taxable year at least 90% of its investment company taxable income </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">(generally, its ordinary income and the excess of any net short-term capital gain over net long-term capital </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">loss).</span></div> </div> <div style="clear: both; position: relative;"></div> </div> <div style="line-height: 12.02pt; margin-top: 9.90pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;">As long as the Fund qualifies as a RIC, the Fund generally will not be subject to U.S. federal income tax to the extent </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">that it distributes its investment company taxable income and net realized capital gains. The Fund intends to distribute </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">substantially all of its investment company taxable income each year. The Fund will be subject to income tax at regular corporate </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">rates on any taxable income or gains that it does not distribute to its Common Shareholders.</span></div> <div style="line-height: 12.02pt; margin-top: 9.90pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;">The Fund will either distribute or retain for reinvestment all or part of its net capital gain (which consists of the excess of </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">its net long-term capital gain over its net short-term capital loss). If any such gain is retained, the Fund will be subject to a </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">corporate income tax on such retained amount. In that event, the Fund expects to designate the retained amount as undistributed </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">capital gain in a notice to its Common Shareholders, each of whom, if subject to U.S. federal income tax on long-term capital </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">gains, (i) will be required to include in income for U.S. federal income tax purposes as long-term capital gain its share of such </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">undistributed amounts, (ii) will be entitled to credit its proportionate share of the tax paid by the Fund against its U.S. federal </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">income tax liability and to claim refunds to the extent that the credit exceeds such liability and (iii) will increase its basis in its </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">Common Shares by the amount of undistributed capital gain included in such Common Shareholder&#8217;s gross income net of the </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">tax deemed paid by the shareholder under clause (ii).</span></div> <div style="line-height: 12.02pt; margin-top: 9.90pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;">The Code imposes a 4% nondeductible excise tax on the Fund to the extent the Fund does not distribute by the end of any </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">calendar year at least the sum of (i) 98% of its ordinary income (not taking into account any capital gain or loss) for the calendar </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">year and (ii) 98.2% of its capital gain in excess of its capital loss (adjusted for certain ordinary losses) for a one-year period </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">generally ending on October 31 of the calendar year. In addition, the minimum amounts that must be distributed in any year to </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">avoid the excise tax will be increased or decreased to reflect any under-distribution or over-distribution, as the case may be, from </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">the previous year. While the Fund intends to distribute any income and capital gain in the manner necessary to minimize </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">imposition of the 4% nondeductible excise tax, there can be no assurance that sufficient amounts of the Fund&#8217;s taxable income </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">and capital gain will be distributed to entirely avoid the imposition of the excise tax. In that event, the Fund will be liable for the </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">excise tax only on the amount by which it does not meet the foregoing distribution requirement.</span></div> <div style="line-height: 12.02pt; margin-top: 9.90pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;">Certain of the Fund&#8217;s investment practices are subject to special and complex U.S. federal income tax provisions that </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">may, among other things, (i) disallow, suspend or otherwise limit the allowance of certain losses or deductions, (ii) convert lower </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">taxed long-term capital gains or &#8220;qualified dividend income&#8221; into higher taxed short-term capital gains or ordinary income, </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">(iii) convert an ordinary loss or a deduction into a capital loss (the deductibility of which is more limited), (iv) cause the Fund to </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">recognize income or gain without a corresponding receipt of cash, (v) adversely affect the time as to when a purchase or sale of </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">stock or securities is deemed to occur, (vi) adversely alter the characterization of certain complex financial transactions and </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">(vii) produce income that will not be &#8220;qualified&#8221; income for purposes of the 90% gross income requirement described above. </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">These U.S. federal income tax provisions could therefore affect the amount, timing and character of distributions to Common </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">Shareholders. The Fund intends to structure and monitor its transactions and may make certain tax elections and may be required </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">to dispose of securities to mitigate the effect of these provisions and prevent disqualification of the Fund as a RIC (which may </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">adversely affect the net after-tax return to the Fund).</span></div> <div style="line-height: 12.02pt; margin-top: 9.90pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;">If for any taxable year the Fund does not qualify as a RIC, all of its taxable income (including its net capital gain) will be </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">subject to tax at regular corporate rates without any deduction for distributions to Common Shareholders, and such distributions </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">will be taxable to the Common Shareholders as ordinary dividends to the extent of the Fund&#8217;s current or accumulated earnings </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">and profits. Provided that certain holding period and other requirements are met, such dividends, however, would generally be </span></div> </div> <div style="clear: both;"></div> <div style="float: left; margin-left: 39pt; margin-top: 12pt; width: 516pt; min-height: 12pt;"> <div style="line-height: 10.02pt; text-align: center;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; line-height: 10.02pt; margin-left: 0%;">108</span></div> </div> </div> </div> <div style="float: left; margin-bottom: 5.0pt; width: 100%;"></div> <hr style="clear: both; margin: 40.0pt 0.25pt 0.25pt 0.25pt;" /></div> <div> <div><a id="xx_6f541e02-145b-4442-80b8-adf4d990b3c8_64"></a> <div style="page-break-after: always; position: relative;"> <div style="clear: both;"></div> <div style="float: left; min-height: 696pt; margin-left: 39pt; margin-top: 36pt; width: 516pt;"> <div style="line-height: 12.02pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">eligible (i) to be treated as qualified dividend income in the case of certain non-corporate U.S. Common Shareholders (including </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">individuals) and (ii) for the dividends-received deduction in the case of U.S. Common Shareholders taxed as corporations. The </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">Fund could be required to recognize unrealized gains, pay taxes and make distributions (which could be subject to interest </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">charges) before requalifying for taxation as a RIC.</span></div> <div style="line-height: 12.02pt; margin-top: 9.90pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-weight: bold;">Taxation of Common Shareholders</span></div> <div style="line-height: 12.02pt; margin-top: 9.90pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-style: italic; margin-left: 29pt;">Distributions</span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">. Distributions paid to you by the Fund from its net capital gain, which is the excess of net long-term capital </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">gain over net short-term capital loss, if any, that the Fund properly reports as capital gains dividends (&#8220;capital gain dividends&#8221;) </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">are taxable as long-term capital gains, regardless of how long you have held your Common Shares. </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">All other dividends paid to </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">you by the Fund (including dividends from short-term capital gains) from its current or accumulated earnings and profits </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">(&#8220;ordinary income dividends&#8221;) are generally subject to tax as ordinary income.</span></div> <div style="line-height: 12.02pt; margin-top: 9.90pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;">In the case of corporate shareholders, properly reported ordinary income dividends paid by the Fund generally will be </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">eligible for the dividends received deduction to the extent that the Fund&#8217;s income consists of dividend income from U.S. </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">corporations and certain holding period requirements are satisfied. If you are a non-corporate shareholder (including a </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">shareholder who is an individual), any such ordinary income dividend that you receive from the Fund generally will be eligible </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">for taxation at reduced maximum rates to the extent that (i) the ordinary income dividend is attributable to &#8220;qualified dividend </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">income&#8221; (i.e., generally dividends paid by U.S. corporations and certain foreign corporations) received by the Fund, (ii) the Fund </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">satisfies certain holding period and other requirements with respect to the stock on which such qualified dividend income was </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">paid and (iii) you satisfy certain holding period and other requirements with respect to your Common Shares. Qualified dividend </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">income eligible for these special rules is not actually treated as capital gains, however, and thus will not be included in the </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">computation of your net capital gain and generally cannot be used to offset any capital losses. In general, you may include as </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">qualified dividend income only that portion of the dividends that may be and are so reported by the Fund as qualified dividend </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">income. Dividend income from passive foreign investment companies and, in general, dividend income from REITs is not </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">eligible for the reduced rate for qualified dividend income and is taxed as ordinary income. There can be no assurance as to what </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">portion of the Fund&#8217;s distributions will qualify for favorable treatment as qualified dividend income.</span></div> <div style="line-height: 12.02pt; margin-top: 10.00pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;">Any distributions you receive that are in excess of the Fund&#8217;s current and accumulated earnings and profits will be </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">treated as a tax-free return of capital to the extent of your adjusted tax basis in your Common Shares, and thereafter as capital </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">gain from the sale of Common Shares. The amount of any Fund distribution that is treated as a tax-free return of capital will </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">reduce your adjusted tax basis in your Common Shares, thereby increasing your potential gain or reducing your potential loss on </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">any subsequent sale or other disposition of your Common Shares.</span></div> <div style="line-height: 12.02pt; margin-top: 10.00pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;">Dividends and other taxable distributions are taxable to you even if they are reinvested in additional Common Shares of </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">the Fund. Dividends and other distributions paid by the Fund are generally treated as received by you at the time the dividend or </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">distribution is made. If, however, the Fund pays you a dividend in January that was declared in the previous October, November </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">or December and you were the Common Shareholder of record on a specified date in one of such months, then such dividend </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">will be treated for U.S. federal income tax purposes as being paid by the Fund and received by you on December 31 of the year </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">in which the dividend was declared.</span></div> <div style="line-height: 12.02pt; margin-top: 10.00pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;">The Fund will send you information after the end of each year setting forth the amount and tax status of any distributions </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">paid to you by the Fund.</span></div> <div style="line-height: 12.02pt; margin-top: 10.00pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-style: italic; margin-left: 29pt;">Sale of Common Shares</span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">. The sale or other disposition of Common Shares of the Fund will generally result in capital gain </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">or loss to you and will be long-term capital gain or loss if you have held such Common Shares for more than one year. Any loss </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">upon the sale or other disposition of Common Shares held for six months or less will be treated as long-term capital loss to the </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">extent of any capital gain dividends received (including amounts credited as an undistributed capital gain) by you with respect to </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">such Common Shares. Any loss you recognize on a sale or other disposition of Common Shares will be disallowed if you </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">acquire other Common Shares (whether through the automatic reinvestment of dividends or otherwise) within a 61-day period </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">beginning 30 days before and ending 30 days after your sale or exchange of the Common Shares. In such case, your tax basis in </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">the Common Shares acquired will be adjusted to reflect the disallowed loss.</span></div> <div style="line-height: 12.02pt; margin-top: 10.00pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;">Current U.S. federal income tax law taxes both long-term and short-term capital gain of corporations at the rates </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">applicable to ordinary income. For non-corporate taxpayers, short-term capital gain is currently taxed at rates applicable to </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">ordinary income while long-term capital gain generally is taxed at reduced maximum rates.</span></div> <div style="line-height: 12.02pt; margin-top: 10.00pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-style: italic; margin-left: 29pt;">Backup Withholding</span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">. The Fund may be required to withhold, for U.S. federal backup withholding tax purposes, a portion </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">of the dividends, distributions and redemption proceeds payable to non-corporate Common Shareholders who fail to provide the </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">Fund (or its agent) with their correct taxpayer identification number (in the case of individuals, generally, their social security </span></div> </div> <div style="clear: both;"></div> <div style="float: left; margin-left: 39pt; margin-top: 12pt; width: 516pt; min-height: 12pt;"> <div style="line-height: 10.02pt; text-align: center;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; line-height: 10.02pt; margin-left: 0%;">109</span></div> </div> </div> </div> <div style="float: left; margin-bottom: 5.0pt; width: 100%;"></div> <hr style="clear: both; margin: 40.0pt 0.25pt 0.25pt 0.25pt;" /></div> <div> <div><a id="xx_6f541e02-145b-4442-80b8-adf4d990b3c8_65"></a> <div style="page-break-after: always; position: relative;"> <div style="clear: both;"></div> <div style="float: left; min-height: 696pt; margin-left: 39pt; margin-top: 36pt; width: 516pt;"> <div style="line-height: 12.02pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">number) or to make required certifications, or who are otherwise subject to backup withholding. Backup withholding is not an </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">additional tax and any amount withheld may be refunded or credited against your U.S. federal income tax liability, if any, </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">provided that you furnish the required information to the IRS.</span></div> <div style="line-height: 12.02pt; margin-top: 9.90pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-weight: bold; margin-left: 29pt;">The foregoing is a general and abbreviated summary of the provisions of the Code and the Treasury regulations in </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-weight: bold;">effect as they directly govern the taxation of the Fund and its Common Shareholders. These provisions are subject to </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-weight: bold;">change by legislative or administrative action, and any such change may be retroactive. A more complete discussion of the </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-weight: bold;">tax rules applicable to the Fund and its Common Shareholders can be found in the Statement of Additional Information </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-weight: bold;">that is incorporated by reference into this Prospectus. Common Shareholders are urged to consult their tax advisers </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-weight: bold;">regarding specific questions as to U.S. federal, state, local and foreign income or other taxes.</span></div> <div style="line-height: 22.02pt; margin-top: 6.90pt; text-align: center;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-weight: bold; margin-left: 0%; text-transform: uppercase;">PLAN OF DISTRIBUTION</span></div> <div style="line-height: 12.02pt; margin-top: 4.90pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;">The Fund may sell up to $700,000,000 in aggregate initial offering price of Common Shares from time to time under this </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">Prospectus and any related Prospectus Supplement (1) directly to one or more purchases; (2) through agents; (3) through </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">underwriters; (4) through dealers; or (5) pursuant to the Plan. Each Prospectus Supplement relating to an offering of Common </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">Shares will state the terms of the offering, including:</span></div> <div> <div style="clear: both; margin-top: 9.90pt; position: relative; width: 100%;"> <div style="float: left; line-height: 12.02pt; text-align: left; width: 3.51pt;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">&#8226;</span></div> <div style="float: left; line-height: 12.02pt; margin-left: 25.49pt; text-align: left; width: 482.00pt;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">the names of any agents, underwriters or dealers;</span></div> </div> <div style="clear: both; position: relative;"></div> </div> <div> <div style="clear: both; margin-top: 9.90pt; position: relative; width: 100%;"> <div style="float: left; line-height: 12.02pt; text-align: left; width: 3.51pt;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">&#8226;</span></div> <div style="float: left; line-height: 12.02pt; margin-left: 25.49pt; text-align: left; width: 482.00pt;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">any sales loads or other items constituting underwriters&#8217; compensation;</span></div> </div> <div style="clear: both; position: relative;"></div> </div> <div> <div style="clear: both; margin-top: 9.90pt; position: relative; width: 100%;"> <div style="float: left; line-height: 12.02pt; text-align: left; width: 3.51pt;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">&#8226;</span></div> <div style="float: left; line-height: 12.02pt; margin-left: 25.49pt; text-align: left; width: 482.00pt;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">any discounts, commissions, or fees allowed or paid to dealers or agents;</span></div> </div> <div style="clear: both; position: relative;"></div> </div> <div> <div style="clear: both; margin-top: 9.90pt; position: relative; width: 100%;"> <div style="float: left; line-height: 12.02pt; text-align: left; width: 3.51pt;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">&#8226;</span></div> <div style="float: left; line-height: 12.02pt; margin-left: 25.49pt; text-align: justify; width: 482.00pt;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">the public offering or purchase price of the offered Common Shares and the net proceeds the Fund will receive from the </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">sale; and</span></div> </div> <div style="clear: both; position: relative;"></div> </div> <div> <div style="clear: both; margin-top: 9.90pt; position: relative; width: 100%;"> <div style="float: left; line-height: 12.02pt; text-align: left; width: 3.51pt;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">&#8226;</span></div> <div style="float: left; line-height: 12.02pt; margin-left: 25.49pt; text-align: left; width: 482.00pt;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">any securities exchange on which the offered Common Shares may be listed.</span></div> </div> <div style="clear: both; position: relative;"></div> </div> <div style="line-height: 12.02pt; margin-top: 9.90pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-weight: bold;">Direct Sales</span></div> <div style="line-height: 12.02pt; margin-top: 9.90pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;">The Fund may sell Common Shares directly to, and solicit offers from, institutional investors or others who may be </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">deemed to be underwriters as defined in the Securities Act for any resales of the securities. In this case, no underwriters or </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">agents would be involved. The Fund may use electronic media, including the Internet, to sell offered securities directly. The </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">Fund will describe the terms of any of those sales in a Prospectus Supplement.</span></div> <div style="line-height: 12.02pt; margin-top: 9.90pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-weight: bold;">By Agents</span></div> <div style="line-height: 12.02pt; margin-top: 9.90pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;">The Fund may offer Common Shares through agents that the Fund may designate. The Fund will name any agent </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">involved in the offer and sale and describe any commissions payable by the Fund in the Prospectus Supplement. Unless </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">otherwise indicated in the Prospectus Supplement, the agents will be acting on a best efforts basis for the period of their </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">appointment.</span></div> <div style="line-height: 12.02pt; margin-top: 9.90pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-weight: bold;">By Underwriters</span></div> <div style="line-height: 12.02pt; margin-top: 9.90pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;">The Fund may offer and sell Common Shares from time to time to one or more underwriters who would purchase the </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">Common Shares as principal for resale to the public, either on a firm commitment or best efforts basis. If the Fund sells </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">Common Shares to underwriters, the Fund will execute an underwriting agreement with them at the time of the sale and will </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">name them in the Prospectus Supplement. In connection with these sales, the underwriters may be deemed to have received </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">compensation from the Fund in the form of underwriting discounts and commissions. The underwriters also may receive </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">commissions from purchasers of Common Shares for whom they may act as agent. Unless otherwise stated in the Prospectus </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">Supplement, the underwriters will not be obligated to purchase the Common Shares unless the conditions set forth in the </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">underwriting agreement are satisfied, and if the underwriters purchase any of the Common Shares, they will be required to </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">purchase all of the offered Common Shares. The underwriters may sell the offered Common Shares to or through dealers, and </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">those dealers may receive discounts, concessions or commissions from the underwriters as well as from the purchasers for whom </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">they may act as agent. Any public offering price and any discounts or concessions allowed or reallowed or paid to dealers may be </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">changed from time to time.</span></div> <div style="line-height: 12.02pt; margin-top: 10.00pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;">If a Prospectus Supplement so indicates, the Fund may grant the underwriters an option to purchase additional Common </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">Shares at the public offering price, less the underwriting discounts and commissions, within 45 days from the date of the </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">Prospectus Supplement, to cover any overallotments.</span></div> </div> <div style="clear: both;"></div> <div style="float: left; margin-left: 39pt; margin-top: 12pt; width: 516pt; min-height: 12pt;"> <div style="line-height: 10.02pt; text-align: center;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; line-height: 10.02pt; margin-left: 0%;">110</span></div> </div> </div> </div> <div style="float: left; margin-bottom: 5.0pt; width: 100%;"></div> <hr style="clear: both; margin: 40.0pt 0.25pt 0.25pt 0.25pt;" /></div> <div> <div><a id="xx_6f541e02-145b-4442-80b8-adf4d990b3c8_66"></a> <div style="page-break-after: always; position: relative;"> <div style="clear: both;"></div> <div style="float: left; margin-left: 39pt; margin-top: 36pt; width: 516pt; min-height: 696pt;"> <div style="line-height: 12.02pt; margin-top: 10pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-weight: bold;">By Dealers</span></div> <div style="line-height: 12.02pt; margin-top: 10.30pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;">The Fund may offer and sell Common Shares from time to time to one or more dealers who would purchase the </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">securities as principal. The dealers then may resell the offered Common Shares to the public at fixed or varying prices to be </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">determined by those dealers at the time of resale. The Fund will set forth the names of the dealers and the terms of the </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">transaction in the Prospectus Supplement.</span></div> <div style="line-height: 12.02pt; margin-top: 10.30pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-weight: bold;">General Information</span></div> <div style="line-height: 12.02pt; margin-top: 10.30pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;">Agents, underwriters, or dealers participating in an offering of Common Shares may be deemed to be underwriters, and </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">any discounts and commission received by them and any profit realized by them on resale of the offered Common Shares for </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">whom they act as agent, may be deemed to be underwriting discounts and commissions under the Securities Act.</span></div> <div style="line-height: 12.02pt; margin-top: 10.29pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;">The Fund may offer to sell securities either at a fixed price or at prices that may vary, at market prices prevailing at the </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">time of sale, at prices related to prevailing market prices or at negotiated prices.</span></div> <div style="line-height: 12.02pt; margin-top: 10.30pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;">To facilitate an offering of Common Shares in an underwritten transaction and in accordance with industry practice, the </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">underwriters may engage in transactions that stabilize, maintain, or otherwise affect the market price of the Common Shares or </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">any other security. Those transactions may include overallotment, entering stabilizing bids, effecting syndicate covering </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">transactions, and reclaiming selling concessions allowed to an underwriter or a dealer.</span></div> <div> <div style="clear: both; margin-top: 10.30pt; position: relative; width: 100%;"> <div style="float: left; line-height: 12.02pt; text-align: left; width: 3.51pt;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">&#8226;</span></div> <div style="float: left; line-height: 12.02pt; margin-left: 25.49pt; text-align: justify; width: 482.00pt;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">An overallotment in connection with an offering creates a short position in the common stock for the underwriter&#8217;s own </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">account.</span></div> </div> <div style="clear: both; position: relative;"></div> </div> <div> <div style="clear: both; margin-top: 10.30pt; position: relative; width: 100%;"> <div style="float: left; line-height: 12.02pt; text-align: left; width: 3.51pt;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">&#8226;</span></div> <div style="float: left; line-height: 12.02pt; margin-left: 25.49pt; text-align: justify; width: 482.00pt;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">An underwriter may place a stabilizing bid to purchase the Common Shares for the purpose of pegging, fixing, or </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">maintaining the price of the Common Shares.</span></div> </div> <div style="clear: both; position: relative;"></div> </div> <div> <div style="clear: both; margin-top: 10.30pt; position: relative; width: 100%;"> <div style="float: left; line-height: 12.02pt; text-align: left; width: 3.51pt;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">&#8226;</span></div> <div style="float: left; line-height: 12.02pt; margin-left: 25.49pt; text-align: justify; width: 482.00pt;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">Underwriters may engage in syndicate covering transactions to cover overallotments or to stabilize the price of the </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">Common Shares by bidding for, and purchasing, the Common Shares or any other securities in the open market in order </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">to reduce a short position created in connection with the offering.</span></div> </div> <div style="clear: both; position: relative;"></div> </div> <div> <div style="clear: both; margin-top: 10.30pt; position: relative; width: 100%;"> <div style="float: left; line-height: 12.02pt; text-align: left; width: 3.51pt;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">&#8226;</span></div> <div style="float: left; line-height: 12.02pt; margin-left: 25.49pt; text-align: justify; width: 482.00pt;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">The managing underwriter may impose a penalty bid on a syndicate member to reclaim a selling concession in connection </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">with an offering when the Common Shares originally sold by the syndicate member is purchased in syndicate covering </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">transactions or otherwise.</span></div> </div> <div style="clear: both; position: relative;"></div> </div> <div style="line-height: 12.02pt; margin-top: 10.29pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;">Any of these activities may stabilize or maintain the market price of the Common Shares above independent market </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">levels. The underwriters are not required to engage in these activities, and may end any of these activities at any time.</span></div> <div style="line-height: 12.02pt; margin-top: 10.30pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;">Any underwriters to whom the offered Common Shares are sold for offering and sale may make a market in the offered </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">Common Shares, but the underwriters will not be obligated to do so and may discontinue any market-making at any time </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">without notice. There can be no assurance that there will be a liquid trading market for the offered Common Shares.</span></div> <div style="line-height: 12.02pt; margin-top: 10.30pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;">Under agreements entered into with the Fund, underwriters and agents may be entitled to indemnification by us against </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">certain civil liabilities, including liabilities under the Securities Act, or to contribution for payments the underwriters or agents </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">may be required to make.</span></div> <div style="line-height: 12.02pt; margin-top: 10.30pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;">The underwriters, agents, and their affiliates may engage in financial or other business transactions with the Fund in the </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">ordinary course of business.</span></div> <div style="line-height: 12.02pt; margin-top: 10.30pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;">Pursuant to a requirement of the Financial Industry Regulatory Authority, Inc., or FINRA, the maximum compensation to </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">be received by any FINRA member or independent broker-dealer may not be greater than eight percent (8%) of the gross </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">proceeds received by the Fund for the sale of any securities being registered pursuant to SEC Rule 415 under the Securities Act.</span></div> <div style="line-height: 12.02pt; margin-top: 10.20pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;">The aggregate offering price specified on the cover of this Prospectus relates to the offering of the Common Shares not </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">yet issued as of the date of this Prospectus.</span></div> <div style="line-height: 12.02pt; margin-top: 10.20pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;">To the extent permitted under the 1940 Act and the rules and regulations promulgated thereunder, the underwriters may </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">from time to time act as a broker or dealer and receive fees in connection with the execution of portfolio transactions on behalf </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">of the Fund after the underwriters have ceased to be underwriters and, subject to certain restrictions, each may act as a broker </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">while it is an underwriter.</span></div> </div> <div style="clear: both;"></div> <div style="float: left; margin-left: 39pt; margin-top: 12pt; width: 516pt; min-height: 12pt;"> <div style="line-height: 10.02pt; text-align: center;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; line-height: 10.02pt; margin-left: 0%;">111</span></div> </div> </div> </div> <div style="float: left; margin-bottom: 5.0pt; width: 100%;"></div> <hr style="clear: both; margin: 40.0pt 0.25pt 0.25pt 0.25pt;" /></div> <div> <div><a id="xx_6f541e02-145b-4442-80b8-adf4d990b3c8_67"></a> <div style="page-break-after: always; position: relative;"> <div style="clear: both;"></div> <div style="float: left; min-height: 696pt; margin-left: 39pt; margin-top: 36pt; width: 516pt;"> <div style="line-height: 12.02pt; margin-top: 10pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;">A Prospectus and accompanying Prospectus Supplement in electronic form may be made available on the websites </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">maintained by underwriters. The underwriters may agree to allocate a number of Common Shares for sale to their online </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">brokerage account holders. Such allocations of Common Shares for internet distributions will be made on the same basis as </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">other allocations. In addition, Common Shares may be sold by the underwriters to securities dealers who resell Common Shares </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">to online brokerage account holders.</span></div> <div style="line-height: 12.02pt; margin-top: 9.70pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-weight: bold;">Dividend Reinvestment Plan</span></div> <div style="line-height: 12.02pt; margin-top: 9.70pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;">The Fund may issue and sell Common Shares pursuant to the Plan.</span></div> <div style="line-height: 22.02pt; margin-top: 6.70pt; text-align: center;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-weight: bold; margin-left: 0%; text-transform: uppercase;">CUSTODIAN, ADMINISTRATOR, TRANSFER AGENT AND DIVIDEND DISBURSING AGENT</span></div> <div style="line-height: 12.02pt; margin-top: 4.70pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;">The Bank of New York Mellon serves as the custodian of the Fund&#8217;s assets pursuant to a custody agreement. Under the </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">custody agreement, the custodian holds the Fund&#8217;s assets in compliance with the 1940 Act. For its services, the custodian will </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">receive a monthly fee based upon, among other things, the average value of the total assets of the Fund, plus certain charges for </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">securities transactions. The Bank of New York Mellon is located at 101 Barclay Street, New York, New York 10286.</span></div> <div style="line-height: 12.02pt; margin-top: 9.70pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;">Computershare Inc. serves as the Fund&#8217;s dividend disbursing agent, transfer agent and registrar for the Common Shares </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">of the Fund. Computershare Inc. is located at 250 Royall Street, Canton, MA 02021. Computershare Trust Company, N.A. </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">serves as Plan Agent under the Fund&#8217;s Dividend Reinvestment Plan.</span></div> <div style="line-height: 12.02pt; margin-top: 9.70pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;">MUFG Investor Services (US) LLC (&#8220;MUFG&#8221;), serves as administrator to the Fund. Pursuant to an administration </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">agreement, MUFG is responsible for providing administrative services to the Fund. For the services, the Fund pays MUFG a fee, </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">accrued daily and paid monthly, at the annual rate equal to 0.0275% of the first $200 million in average daily Managed Assets, </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">0.0200% of the next $300 million in average daily Managed Assets, 0.0150% of the next $500 million in average daily Managed </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">Assets, and 0.0100% of average daily Managed Assets above $1 billion.</span></div> <div style="line-height: 12.02pt; margin-top: 9.70pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;">MUFG also serves as fund accounting agent to the Fund. Pursuant to a fund accounting agreement, MUFG performs </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">certain accounting services. For the services, the Fund pays MUFG a fee, accrued daily and paid monthly, at the annual rate </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">equal to 0.0300% of the first $200 million in average daily Managed Assets, 0.0150% of the next $300 million in average daily </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">Managed Assets, 0.0100% of the next $500 million in average daily Managed Assets, and 0.0075% of average daily Managed </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">Assets above $1 billion, subject to a minimum fee of $50,000 per year, and reimburses MUFG for certain out-of-pocket </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">expenses.</span></div> <div style="line-height: 22.02pt; margin-top: 6.70pt; text-align: center;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-weight: bold; margin-left: 0%; text-transform: uppercase;">LEGAL MATTERS</span></div> <div style="line-height: 12.02pt; margin-top: 4.70pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;">Certain legal matters will be passed on by Dechert LLP as counsel to the Fund in connection with the offering of the </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">Common Shares. If certain legal matters in connection with an offering of Common Shares are passed upon by counsel for the </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">underwriters of such offering, that counsel will be named in the Prospectus Supplement related to that offering.</span></div> <div style="line-height: 22.02pt; margin-top: 6.80pt; text-align: center;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-weight: bold; margin-left: 0%; text-transform: uppercase;">INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM</span></div> <div style="line-height: 12.02pt; margin-top: 4.80pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;">Ernst &#38; Young LLP, 1775 Tysons Blvd, Tysons, Virginia 22102, has been engaged as the Fund&#8217;s Independent Registered </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">Public Accounting Firm.</span></div> <div style="line-height: 22.02pt; margin-top: 6.80pt; text-align: center;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-weight: bold; margin-left: 0%; text-transform: uppercase;">ADDITIONAL INFORMATION</span></div> <div style="line-height: 12.02pt; margin-top: 4.80pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;">This Prospectus constitutes part of a Registration Statement filed by the Fund with the SEC under the Securities Act, and </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">the 1940 Act. This Prospectus omits certain of the information contained in the Registration Statement, and reference is hereby </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">made to the Registration Statement and related exhibits for further information with respect to the Fund and the Common Shares </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">offered hereby. Any statements contained herein concerning the provisions of any document are not necessarily complete, and, in </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">each instance, reference is made to the copy of such document filed as an exhibit to the Registration Statement or otherwise </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">filed with the SEC. Each such statement is qualified in its entirety by such reference. The complete Registration Statement may </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">be obtained from the SEC upon payment of the fee prescribed by its rules and regulations or free of charge through the SEC web </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">site (http://www.sec.gov).</span></div> <div style="line-height: 22.02pt; margin-top: 6.80pt; text-align: center;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-weight: bold; margin-left: 0%; text-transform: uppercase;">PRIVACY PRINCIPLES OF THE FUND</span></div> <div style="line-height: 12.02pt; margin-top: 4.80pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;">The Fund is committed to maintaining the privacy of its shareholders and to safeguarding their non-public personal </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">information. The following information is provided to help you understand what personal information the Fund collects, how the </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">Fund protects that information and why, in certain cases, the Fund may share information with select other parties.</span></div> </div> <div style="clear: both;"></div> <div style="float: left; margin-left: 39pt; margin-top: 12pt; width: 516pt; min-height: 12pt;"> <div style="line-height: 10.02pt; text-align: center;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; line-height: 10.02pt; margin-left: 0%;">112</span></div> </div> </div> </div> <div style="float: left; margin-bottom: 5.0pt; width: 100%;"></div> <hr style="clear: both; margin: 40.0pt 0.25pt 0.25pt 0.25pt;" /></div> <div> <div><a id="xx_6f541e02-145b-4442-80b8-adf4d990b3c8_68"></a> <div style="page-break-after: always; position: relative;"> <div style="clear: both;"></div> <div style="float: left; min-height: 696pt; margin-left: 39pt; margin-top: 36pt; width: 516pt;"> <div style="line-height: 12.02pt; margin-top: 10pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;">Generally, the Fund does not receive any non-public personal information relating to its shareholders, although certain </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">non-public personal information of its shareholders may become available to the Fund. The Fund does not disclose any non-public</span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"> personal information about its shareholders or former shareholders to anyone, except as permitted by law or as is </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">necessary in order to service shareholder accounts (for example, to a transfer agent or third party administrator).</span></div> <div style="line-height: 12.02pt; margin-top: 9.71pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;">The Fund restricts access to non-public personal information about its shareholders to employees of the Fund&#8217;s </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">Investment Adviser and its delegates and affiliates with a legitimate business need for the information. The Fund maintains </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">physical, electronic and procedural safeguards designed to protect the non-public personal information of its shareholders.</span></div> <div style="line-height: 22.02pt; margin-top: 6.70pt; text-align: center;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-weight: bold; margin-left: 0%; text-transform: uppercase;">INCORPORATION BY REFERENCE</span></div> <div style="line-height: 12.02pt; margin-top: 4.70pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;">As noted above, this Prospectus is part of a Registration Statement that has been filed with the SEC. Pursuant to the final </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">rule and form amendments adopted by the SEC on April 8, 2020 to implement certain provisions of the Economic Growth, </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">Regulatory Relief, and Consumer Protection Act, the Fund may &#8220;incorporate by reference&#8221; the information that it files with the </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">SEC, which means that the Fund can disclose important information by referring to those documents. The information </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">incorporated by reference is considered to be part of this Prospectus, and later information that the Fund files with the SEC will </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">automatically update and supersede this information.</span></div> <div style="line-height: 12.02pt; margin-top: 9.70pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;"> <span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;">The Fund incorporates by reference any future filings (including those made after the date of the filing of the </span></span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">Registration Statement of which this Prospectus is a part) it will make with the SEC under Sections 13(a), 13(c), 14, or 15(d) of </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">the Securities Exchange Act of 1934 or pursuant to Rule 30b2-1 under the 1940 Act until the termination of the offering of the </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">securities covered by this Prospectus. To obtain copies of these filings, see &#8220;Additional Information.&#8221;</span></div> <div style="line-height: 22.02pt; margin-top: 6.80pt; text-align: center;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-weight: bold; margin-left: 0%; text-transform: uppercase;">SUPPLEMENTAL SUMMARY OF FUND EXPENSES</span></div> <div style="line-height: 12.02pt; margin-top: 4.80pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;">The section &#8220;Summary of Fund Expenses&#8221; above contains information about the costs and expenses that Common </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">Shareholders will bear directly or indirectly and illustrates the expenses that you would pay on a $1,000 investment in Common </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">Shares. As described above, shareholders approved the mergers of Guggenheim Enhanced Equity Income Fund (&#8220;GPM&#8221;) and </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">Guggenheim Credit Allocation Fund (&#8220;GGM&#8221;), each a closed-end fund, with and into the Fund (the &#8220;Fund Mergers&#8221;). Subject to </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">the satisfaction of certain customary closing conditions, the Fund Mergers are expected to be effective with the open of the New </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">York Stock Exchange on October 25, 2021.</span></div> <div style="line-height: 12.02pt; margin-top: 9.80pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;">The following table sets forth (i) the annual expenses for the Fund for the fiscal year ended May 31, 2021 (without giving </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">effect to the Fund Mergers); (ii) the annualized expenses for GPM based on the six months ended June&#160;30, 2021; (iii) the annual </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">expenses for GGM for the fiscal year ended May&#160;31, 2021; and (iv) the pro forma annual expenses for the Fund, after giving </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">effect to the Fund Mergers, as of June&#160;30, 2021.</span><span style="color: #000000; font-family: times new roman; font-size: 1pt; line-height: 1pt;">&#8195;</span></div> <div style="line-height: 1.0pt; margin-top: 5.00pt; text-align: left;"></div> <div style="margin-top: 0.0pt;">
<table style="empty-cells: show; width: 516pt;" cellpadding="0" cellspacing="0">
<tr style="height: 55.06pt;">
<td style="background-color: #ffffff; padding-bottom: 2pt; padding-top: 2pt; vertical-align: Bottom; width: 297.43pt;"> <div style="line-height: 0.5pt; text-align: left;"> <div style="margin-left: 3pt; margin-right: 6pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-weight: bold; margin-left: 0.0pt;">&#160;</span></div> </div> </td>
<td style="background-color: #ffffff; padding-bottom: 2pt; padding-top: 2pt; vertical-align: Bottom; width: 54.03pt;"> <div style="line-height: 10pt; text-align: left;"> <div style="margin-left: 4pt; margin-right: 4pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-weight: bold;">The Fund</span></div> </div> </td>
<td style="background-color: #ffffff; padding-bottom: 2pt; padding-top: 2pt; vertical-align: Bottom; width: 42.05pt;"> <div style="line-height: 10pt; text-align: left;"> <div style="margin-left: 4pt; margin-right: 4pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-weight: bold;">GPM</span></div> </div> </td>
<td style="background-color: #ffffff; padding-bottom: 2pt; padding-top: 2pt; vertical-align: Bottom; width: 42.05pt;"> <div style="line-height: 10pt; text-align: left;"> <div style="margin-left: 4pt; margin-right: 4pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-weight: bold;">GGM</span></div> </div> </td>
<td style="background-color: #ffffff; padding-bottom: 2pt; padding-top: 2pt; vertical-align: Bottom; width: 80.45pt;"> <div style="line-height: 12.02pt; text-align: left;"> <div style="margin-left: 4pt; margin-right: 4pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-weight: bold;">Pro Forma </span></div> <div style="margin-left: 4pt; margin-right: 4pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-weight: bold;">the Fund </span></div> <div style="margin-left: 4pt; margin-right: 4pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-weight: bold;">(Both GPM and </span></div> <div style="margin-left: 4pt; margin-right: 4pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-weight: bold;">GGM into the</span></div> <div style="margin-left: 4pt; margin-right: 4pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-weight: bold;">Fund)</span><span style="color: #000000; font-family: times new roman; font-size: 6.5pt; font-weight: bold; position: relative; top: -2.75pt;">(2)</span> <div style="clear: right;"></div> </div> </div> </td> </tr>
<tr style="height: 11pt;">
<td style="background-color: azure; padding-bottom: 4pt; padding-top: 2pt; vertical-align: Bottom; width: 297.43pt;"> <div style="line-height: 10pt; text-align: left;"> <div style="margin-left: 3pt; margin-right: 6pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-weight: bold; margin-left: 0.0pt;">Shareholder Transaction Expenses</span><span style="color: #000000; font-family: times new roman; font-size: 6.5pt; font-weight: bold; margin-left: 0.0pt; position: relative; top: -2pt;">(1)</span></div> </div> </td>
<td style="background-color: azure; padding-bottom: 4pt; padding-top: 2pt; vertical-align: Bottom; width: 54.03pt;"> <div style="line-height: 0.5pt; text-align: left;"> <div style="margin-left: 11.99pt; margin-right: 11.99pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: -5.99pt;">&#160;</span></div> </div> </td>
<td style="background-color: azure; padding-bottom: 4pt; padding-top: 2pt; vertical-align: Bottom; width: 42.05pt;"> <div style="line-height: 0.5pt; text-align: left;"> <div style="margin-left: 6.00pt; margin-right: 6.00pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">&#160;</span></div> </div> </td>
<td style="background-color: azure; padding-bottom: 4pt; padding-top: 2pt; vertical-align: Bottom; width: 42.05pt;"> <div style="line-height: 0.5pt; text-align: left;"> <div style="margin-left: 6.00pt; margin-right: 6.00pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">&#160;</span></div> </div> </td>
<td style="background-color: azure; padding-bottom: 4pt; padding-top: 2pt; vertical-align: Bottom; width: 80.45pt;"> <div style="line-height: 0.5pt; text-align: left;"> <div style="margin-left: 4pt; margin-right: 4pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: -19.2pt;">&#160;</span></div> </div> </td> </tr>
<tr style="height: 23pt;">
<td style="background-color: #ffffff; padding-bottom: 4pt; padding-top: 4pt; vertical-align: Bottom; width: 297.43pt;"> <div style="line-height: 10pt; text-align: left;"> <div style="margin-left: 3pt; margin-right: 6pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">Maximum Sales Load (as a percentage of the offering price) imposed </span></div> <div style="margin-left: 3pt; margin-right: 6pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 10pt;">on purchases of common shares</span><span style="color: #000000; font-family: times new roman; font-size: 6.5pt; margin-left: 0.0pt; position: relative; top: -2pt;">(3)</span> <div style="clear: right;"></div> </div> </div> </td>
<td style="background-color: #ffffff; padding-bottom: 4pt; padding-top: 4pt; vertical-align: Bottom; width: 54.03pt;"> <div style="line-height: 10pt; text-align: left;"> <div style="margin-left: 11.99pt; margin-right: 11.99pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">None</span></div> </div> </td>
<td style="background-color: #ffffff; padding-bottom: 4pt; padding-top: 4pt; vertical-align: Bottom; width: 42.05pt;"> <div style="line-height: 10pt; text-align: left;"> <div style="margin-left: 6.00pt; margin-right: 6.00pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">None</span></div> </div> </td>
<td style="background-color: #ffffff; padding-bottom: 4pt; padding-top: 4pt; vertical-align: Bottom; width: 42.05pt;"> <div style="line-height: 10pt; text-align: left;"> <div style="margin-left: 6.00pt; margin-right: 6.00pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">None</span></div> </div> </td>
<td style="background-color: #ffffff; padding-bottom: 4pt; padding-top: 4pt; vertical-align: Bottom; width: 80.45pt;"> <div style="line-height: 10pt; text-align: left;"> <div style="margin-left: 4pt; margin-right: 4pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">None</span></div> </div> </td> </tr>
<tr style="height: 13pt;">
<td style="background-color: azure; padding-bottom: 4pt; padding-top: 4pt; vertical-align: Bottom; width: 297.43pt;"> <div style="line-height: 10pt; text-align: left;"> <div style="margin-left: 3pt; margin-right: 6pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">Dividend Reinvestment and Cash Purchase Plan Fees</span><span style="color: #000000; font-family: times new roman; font-size: 6.5pt; margin-left: 0.0pt; position: relative; top: -2pt;">(4)</span> <div style="clear: right;"></div> </div> </div> </td>
<td style="background-color: azure; padding-bottom: 4pt; padding-top: 4pt; vertical-align: Bottom; width: 54.03pt;"> <div style="line-height: 10pt; text-align: left;"> <div style="margin-left: 11.99pt; margin-right: 11.99pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.00pt;">None</span></div> </div> </td>
<td style="background-color: azure; padding-bottom: 4pt; padding-top: 4pt; vertical-align: Bottom; width: 42.05pt;"> <div style="line-height: 10pt; text-align: left;"> <div style="margin-left: 6.00pt; margin-right: 6.00pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">None</span></div> </div> </td>
<td style="background-color: azure; padding-bottom: 4pt; padding-top: 4pt; vertical-align: Bottom; width: 42.05pt;"> <div style="line-height: 10pt; text-align: left;"> <div style="margin-left: 6.00pt; margin-right: 6.00pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">None</span></div> </div> </td>
<td style="background-color: azure; padding-bottom: 4pt; padding-top: 4pt; vertical-align: Bottom; width: 80.45pt;"> <div style="line-height: 10pt; text-align: left;"> <div style="margin-left: 4pt; margin-right: 4pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">None</span></div> </div> </td> </tr>
<tr style="height: 23pt;">
<td style="background-color: #ffffff; padding-bottom: 4pt; padding-top: 4pt; vertical-align: Bottom; width: 297.43pt;"> <div style="line-height: 10pt; text-align: left;"> <div style="margin-left: 3pt; margin-right: 6pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-weight: bold; margin-left: 0.0pt;">Annual Expenses (as a percentage of average net assets attributable </span></div> <div style="margin-left: 3pt; margin-right: 6pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-weight: bold; margin-left: 10pt;">to common shares)</span><span style="color: #000000; font-family: times new roman; font-size: 6.5pt; font-weight: bold; margin-left: 0.0pt; position: relative; top: -2pt;">(5)</span></div> </div> </td>
<td style="background-color: #ffffff; padding-bottom: 4pt; padding-top: 4pt; vertical-align: Bottom; width: 54.03pt;"> <div style="line-height: 0.5pt; text-align: left;"> <div style="margin-left: 11.99pt; margin-right: 11.99pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">&#160;</span></div> </div> </td>
<td style="background-color: #ffffff; padding-bottom: 4pt; padding-top: 4pt; vertical-align: Bottom; width: 42.05pt;"> <div style="line-height: 0.5pt; text-align: left;"> <div style="margin-left: 6.00pt; margin-right: 6.00pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">&#160;</span></div> </div> </td>
<td style="background-color: #ffffff; padding-bottom: 4pt; padding-top: 4pt; vertical-align: Bottom; width: 42.05pt;"> <div style="line-height: 0.5pt; text-align: left;"> <div style="margin-left: 6.00pt; margin-right: 6.00pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">&#160;</span></div> </div> </td>
<td style="background-color: #ffffff; padding-bottom: 4pt; padding-top: 4pt; vertical-align: Bottom; width: 80.45pt;"> <div style="line-height: 0.5pt; text-align: left;"> <div style="margin-left: 4pt; margin-right: 4pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">&#160;</span></div> </div> </td> </tr>
<tr style="height: 13pt;">
<td style="background-color: azure; padding-bottom: 4pt; padding-top: 4pt; vertical-align: Bottom; width: 297.43pt;"> <div style="line-height: 10pt; text-align: left;"> <div style="margin-left: 3pt; margin-right: 6pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">Advisory Fees</span><span style="color: #000000; font-family: times new roman; font-size: 6.5pt; margin-left: 0.0pt; position: relative; top: -2pt;">(6)</span> <div style="clear: right;"></div> </div> </div> </td>
<td style="background-color: azure; padding-bottom: 4pt; padding-top: 4pt; vertical-align: Bottom; width: 54.03pt;"> <div style="line-height: 10pt; text-align: left;"> <div style="margin-left: 11.99pt; margin-right: 11.99pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 4.17pt;">1.36%</span></div> </div> </td>
<td style="background-color: azure; padding-bottom: 4pt; padding-top: 4pt; vertical-align: Bottom; width: 42.05pt;"> <div style="line-height: 10pt; text-align: left;"> <div style="margin-left: 6.00pt; margin-right: 6.00pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 4.17pt;">1.16%</span></div> </div> </td>
<td style="background-color: azure; padding-bottom: 4pt; padding-top: 4pt; vertical-align: Bottom; width: 42.05pt;"> <div style="line-height: 10pt; text-align: left;"> <div style="margin-left: 6.00pt; margin-right: 6.00pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 4.17pt;">1.41%</span></div> </div> </td>
<td style="background-color: azure; padding-bottom: 4pt; padding-top: 4pt; vertical-align: Bottom; width: 80.45pt;"> <div style="line-height: 10pt; text-align: left;"> <div style="margin-left: 4pt; margin-right: 4pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 4.18pt;">1.40%</span></div> </div> </td> </tr>
<tr style="height: 13pt;">
<td style="background-color: #ffffff; padding-bottom: 4pt; padding-top: 4pt; vertical-align: Bottom; width: 297.43pt;"> <div style="line-height: 10pt; text-align: left;"> <div style="margin-left: 3pt; margin-right: 6pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">Interest Expense</span></div> </div> </td>
<td style="background-color: #ffffff; padding-bottom: 4pt; padding-top: 4pt; vertical-align: Bottom; width: 54.03pt;"> <div style="line-height: 10pt; text-align: left;"> <div style="margin-left: 11.99pt; margin-right: 11.99pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 4.17pt;">0.28%</span></div> </div> </td>
<td style="background-color: #ffffff; padding-bottom: 4pt; padding-top: 4pt; vertical-align: Bottom; width: 42.05pt;"> <div style="line-height: 10pt; text-align: left;"> <div style="margin-left: 6.00pt; margin-right: 6.00pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 4.17pt;">0.40%</span></div> </div> </td>
<td style="background-color: #ffffff; padding-bottom: 4pt; padding-top: 4pt; vertical-align: Bottom; width: 42.05pt;"> <div style="line-height: 10pt; text-align: left;"> <div style="margin-left: 6.00pt; margin-right: 6.00pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 4.17pt;">0.45%</span></div> </div> </td>
<td style="background-color: #ffffff; padding-bottom: 4pt; padding-top: 4pt; vertical-align: Bottom; width: 80.45pt;"> <div style="line-height: 10pt; text-align: left;"> <div style="margin-left: 4pt; margin-right: 4pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 4.17pt;">0.34%</span></div> </div> </td> </tr>
<tr style="height: 13pt;">
<td style="background-color: azure; padding-bottom: 4pt; padding-top: 4pt; vertical-align: Bottom; width: 297.43pt;"> <div style="line-height: 10pt; text-align: left;"> <div style="margin-left: 3pt; margin-right: 6pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">Acquired Fund Fees and Expenses</span><span style="color: #000000; font-family: times new roman; font-size: 6.5pt; margin-left: 0.0pt; position: relative; top: -2pt;">(7)</span> <div style="clear: right;"></div> </div> </div> </td>
<td style="background-color: azure; padding-bottom: 4pt; padding-top: 4pt; vertical-align: Bottom; width: 54.03pt;"> <div style="line-height: 10pt; text-align: left;"> <div style="margin-left: 11.99pt; margin-right: 11.99pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 4.17pt;">0.09%</span></div> </div> </td>
<td style="background-color: azure; padding-bottom: 4pt; padding-top: 4pt; vertical-align: Bottom; width: 42.05pt;"> <div style="line-height: 10pt; text-align: left;"> <div style="margin-left: 6.00pt; margin-right: 6.00pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 4.17pt;">0.07%</span></div> </div> </td>
<td style="background-color: azure; padding-bottom: 4pt; padding-top: 4pt; vertical-align: Bottom; width: 42.05pt;"> <div style="line-height: 10pt; text-align: left;"> <div style="margin-left: 6.00pt; margin-right: 6.00pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 4.17pt;">0.00%</span></div> </div> </td>
<td style="background-color: azure; padding-bottom: 4pt; padding-top: 4pt; vertical-align: Bottom; width: 80.45pt;"> <div style="line-height: 10pt; text-align: left;"> <div style="margin-left: 4pt; margin-right: 4pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 4.18pt;">0.07%</span></div> </div> </td> </tr>
<tr style="height: 13pt;">
<td style="background-color: #ffffff; padding-bottom: 4pt; padding-top: 4pt; vertical-align: Bottom; width: 297.43pt;"> <div style="line-height: 10pt; text-align: left;"> <div style="margin-left: 3pt; margin-right: 6pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">Other Expenses</span><span style="color: #000000; font-family: times new roman; font-size: 6.5pt; margin-left: 0.0pt; position: relative; top: -2pt;">(8)</span> <div style="clear: right;"></div> </div> </div> </td>
<td style="background-color: #ffffff; padding-bottom: 4pt; padding-top: 4pt; vertical-align: Bottom; width: 54.03pt;"> <div style="line-height: 10pt; text-align: left;"> <div style="margin-left: 11.99pt; margin-right: 11.99pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 4.17pt;">0.19%</span></div> </div> </td>
<td style="background-color: #ffffff; padding-bottom: 4pt; padding-top: 4pt; vertical-align: Bottom; width: 42.05pt;"> <div style="line-height: 10pt; text-align: left;"> <div style="margin-left: 6.00pt; margin-right: 6.00pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 4.17pt;">0.22%</span></div> </div> </td>
<td style="background-color: #ffffff; padding-bottom: 4pt; padding-top: 4pt; vertical-align: Bottom; width: 42.05pt;"> <div style="line-height: 10pt; text-align: left;"> <div style="margin-left: 6.00pt; margin-right: 6.00pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 4.17pt;">0.39%</span></div> </div> </td>
<td style="background-color: #ffffff; padding-bottom: 4pt; padding-top: 4pt; vertical-align: Bottom; width: 80.45pt;"> <div style="line-height: 10pt; text-align: left;"> <div style="margin-left: 4pt; margin-right: 4pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 4.17pt;">0.16%</span></div> </div> </td> </tr>
<tr style="height: 9pt;">
<td style="background-color: azure; padding-bottom: 1.5pt; padding-top: 4pt; vertical-align: Bottom; width: 297.43pt;"> <div style="line-height: 10pt; text-align: left;"> <div style="margin-left: 3pt; margin-right: 6pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">Total Annual Fund Operating Expenses</span><span style="color: #000000; font-family: times new roman; font-size: 6.5pt; margin-left: 0.0pt; position: relative; top: -2pt;">(9)</span> <div style="clear: right;"></div> </div> </div> </td>
<td style="background-color: azure; padding-bottom: 1.5pt; padding-top: 4pt; vertical-align: Bottom; width: 54.03pt;"> <div style="line-height: 10pt; text-align: left;"> <div style="margin-left: 11.99pt; margin-right: 11.99pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 4.17pt;">1.92%</span></div> </div> </td>
<td style="background-color: azure; padding-bottom: 1.5pt; padding-top: 4pt; vertical-align: Bottom; width: 42.05pt;"> <div style="line-height: 10pt; text-align: left;"> <div style="margin-left: 6.00pt; margin-right: 6.00pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 4.17pt;">1.85%</span></div> </div> </td>
<td style="background-color: azure; padding-bottom: 1.5pt; padding-top: 4pt; vertical-align: Bottom; width: 42.05pt;"> <div style="line-height: 10pt; text-align: left;"> <div style="margin-left: 6.00pt; margin-right: 6.00pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 4.17pt;">2.25%</span></div> </div> </td>
<td style="background-color: azure; padding-bottom: 1.5pt; padding-top: 4pt; vertical-align: Bottom; width: 80.45pt;"> <div style="line-height: 10pt; text-align: left;"> <div style="margin-left: 4pt; margin-right: 4pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 4.18pt;">1.97%</span></div> </div> </td> </tr> </table> </div> <div style="line-height: 10.5pt; margin-top: 4.80pt; text-align: left;"><hr style="background-color: #000000; height: 0.5pt; margin-bottom: 8pt; margin-left: 0%; margin-top: 5.0pt; text-align: left; width: 48pt;" /></div> <div> <div style="clear: both; margin-top: 4.30pt; position: relative; width: 100%;"> <div style="float: left; line-height: 12.02pt; text-align: left; width: 11.68pt;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">(1)</span></div> <div style="float: left; line-height: 12.02pt; margin-left: 12.32pt; text-align: justify; width: 487.00pt;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">As described above in &#8220;Summary of Fund Expenses,&#8221; if Common Shares to which this Prospectus relates are sold to or </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">through underwriters, the Prospectus Supplement will set forth any applicable sales load and the estimated offering </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">expenses borne by the Fund. Also as described above, the Adviser has incurred on behalf of the Fund all costs associated </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">with the Fund&#8217;s registration statement and any offerings pursuant to such registration statement. The Fund has agreed, in </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">connection with offerings under this registration statement, to reimburse the Adviser for offering expenses incurred by the </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">Adviser on the Fund&#8217;s behalf in an amount up to the lesser of the Fund&#8217;s actual offering costs or 0.60% of the total offering </span></div> </div> <div style="clear: both; position: relative;"></div> </div> </div> <div style="clear: both;"></div> <div style="float: left; margin-left: 39pt; margin-top: 12pt; width: 516pt; min-height: 12pt;"> <div style="line-height: 10.02pt; text-align: center;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; line-height: 10.02pt; margin-left: 0%;">113</span></div> </div> </div> </div> <div style="float: left; margin-bottom: 5.0pt; width: 100%;"></div> <hr style="clear: both; margin: 40.0pt 0.25pt 0.25pt 0.25pt;" /></div> <div> <div><a id="xx_6f541e02-145b-4442-80b8-adf4d990b3c8_69"></a> <div style="page-break-after: always; position: relative;"> <div style="clear: both;"></div> <div style="float: left; margin-left: 39pt; margin-top: 36pt; width: 516pt; min-height: 673.84pt;"> <div style="line-height: 12.02pt; margin-left: 24pt; text-align: justify;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.00%;">price of the Common Shares sold in such offerings. Amounts in excess of 0.60% of the total offering price of shares sold </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">pursuant to this registration statement will not be subject to recoupment from the Fund. The expense limitation agreement </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">will be in effect for the life of the registration statement with respect to all Common Shares sold pursuant to the registration </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">statement and may only be terminated by the Board of Trustees of the Fund.</span></div> <div> <div style="clear: both; margin-top: 10.00pt; position: relative; width: 100%;"> <div style="float: left; line-height: 12.02pt; text-align: left; width: 11.68pt;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">(2)</span></div> <div style="float: left; line-height: 12.02pt; margin-left: 12.32pt; text-align: left; width: 487.00pt;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">Assumes the Fund Mergers had taken place on June 30, 2021.</span></div> </div> <div style="clear: both; position: relative;"></div> </div> <div> <div style="clear: both; margin-top: 10.00pt; position: relative; width: 100%;"> <div style="float: left; line-height: 12.02pt; text-align: left; width: 11.68pt;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">(3)</span></div> <div style="float: left; line-height: 12.02pt; margin-left: 12.32pt; text-align: justify; width: 487.00pt;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">No sales load will be charged in connection with the issuance of the Fund Common Shares as part of the Fund Mergers. </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">Common Shares are not available for purchase from the Fund but may be purchased on the NYSE through a broker-dealer </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">subject to individually negotiated commission rates. Common Shares purchased in the secondary market may be subject to </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">brokerage commissions or other charges.</span></div> </div> <div style="clear: both; position: relative;"></div> </div> <div> <div style="clear: both; margin-top: 10.00pt; position: relative; width: 100%;"> <div style="float: left; line-height: 12.02pt; text-align: left; width: 11.68pt;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">(4)</span></div> <div style="float: left; line-height: 12.02pt; margin-left: 12.32pt; text-align: justify; width: 487.00pt;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">Common Shareholders of the Fund will pay brokerage charges if they direct the Plan Agent to sell their Common Shares of </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">the Fund held in a dividend reinvestment account. See &#8220;Dividend Reinvestment Plan.&#8221;</span></div> </div> <div style="clear: both; position: relative;"></div> </div> <div> <div style="clear: both; margin-top: 10.00pt; position: relative; width: 100%;"> <div style="float: left; line-height: 12.02pt; text-align: left; width: 11.68pt;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">(5)</span></div> <div style="float: left; line-height: 12.02pt; margin-left: 12.32pt; text-align: justify; width: 487.00pt;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">Based on average leverage of approximately 26.6% of Managed Assets for the Fund (without giving effect to the Fund </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">Mergers) for the fiscal year ended May 31, 2021; 31.1% of Managed Assets for GPM for the six-month period ended </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">June 30, 2021, 29.0% of Managed Assets for GGM for the fiscal year ended May 31, 2021, and 28.3% of Managed Assets </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">for the Fund, giving effect to the Fund Mergers. A fund that utilizes greater leverage will incur more interest expense and </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">will pay a greater advisory fee, as a percentage of net assets attributable to common shares, because the advisory fee is </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">calculated as a percentage of Managed Assets, but is borne by common shareholders.</span></div> </div> <div style="clear: both; position: relative;"></div> </div> <div> <div style="clear: both; margin-top: 10.00pt; position: relative; width: 100%;"> <div style="float: left; line-height: 12.02pt; text-align: left; width: 11.68pt;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">(6)</span></div> <div style="float: left; line-height: 12.02pt; margin-left: 12.32pt; text-align: justify; width: 487.00pt;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">Each Fund pays an investment advisory fee to the Investment Adviser in an annual amount equal to a percentage of the </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">Fund&#8217;s average daily Managed Assets, as follows GPM: 0.80%; GGM: 1.00%; and the Fund (both before and after giving </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">effect to the Fund Mergers): 1.00%. Common Shareholders bear the portion of the investment advisory fee attributable to </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">the assets purchased with the proceeds of leverage, which means that Common Shareholders effectively bear the entire </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">advisory fee.</span></div> </div> <div style="clear: both; position: relative;"></div> </div> <div> <div style="clear: both; margin-top: 10.00pt; position: relative; width: 100%;"> <div style="float: left; line-height: 12.02pt; text-align: left; width: 11.68pt;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">(7)</span></div> <div style="float: left; line-height: 12.02pt; margin-left: 12.32pt; text-align: left; width: 487.00pt;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">Acquired Fund Fees and Expenses are based on estimated amounts for the current fiscal year.</span></div> </div> <div style="clear: both; position: relative;"></div> </div> <div> <div style="clear: both; margin-top: 10.00pt; position: relative; width: 100%;"> <div style="float: left; line-height: 12.02pt; text-align: left; width: 11.68pt;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">(8)</span></div> <div style="float: left; line-height: 12.02pt; margin-left: 12.32pt; text-align: justify; width: 487.00pt;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">Other expenses are estimated based upon those incurred during the following periods: (i) during the fiscal year ended </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">May 31, 2021 for the Fund (before giving effect to the Fund Mergers); (ii)&#160;during the six months ended June 30, 2021 for </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">the GPM; and (iii) during the fiscal year ended May&#160;31, 2021 for GGM.</span></div> </div> <div style="clear: both; position: relative;"></div> </div> <div> <div style="clear: both; margin-top: 10.00pt; position: relative; width: 100%;"> <div style="float: left; line-height: 12.02pt; text-align: left; width: 11.68pt;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">(9)</span></div> <div style="float: left; line-height: 12.02pt; margin-left: 12.32pt; text-align: justify; width: 487.00pt;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">The Fund and GPM currently invest in instruments or funds that result in the incurrence of Acquired Fund Fees and </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">Expenses. Although not direct expenses of the Fund, Acquired Fund Fees and Expenses reflect fees and expenses incurred </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">indirectly by the Fund as a result of investment in shares of one or more other investment companies or other pooled </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">investment vehicles, which under applicable SEC rules must be reflected in the Fund&#8217;s Total Expense Ratio. As a result, the </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">Total Expense Ratio shown above, which includes Acquired Fund Fees and Expenses, differs from the ratio of expenses to </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">average net assets included in the Funds&#8217; financial statements, which reflects the operating expenses of the Fund and does </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">not include Acquired Fund Fees and Expenses.</span></div> </div> <div style="clear: both; position: relative;"></div> </div> <div style="line-height: 12.02pt; margin-top: 10.00pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;">The following example is intended to help you compare the costs of investing in the Common Shares of the Fund on a </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">pro forma basis, giving effect to the Fund Mergers, with the costs of separately investing in the common shares of each of the </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">Fund, GPM and GGM without the Fund Mergers. An investor in common shares would pay the following expenses on a $1,000 </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">investment, assuming (1) the Total Annual Fund Operating Expenses (including interest expenses) for each of GPM, GGM and </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">the Fund (both before and after giving effect to the Fund Mergers) set forth in the total expenses table above and (2) a 5% annual </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">return throughout the period:</span><span style="color: #000000; font-family: times new roman; font-size: 1pt; line-height: 1pt;">&#8195;</span></div> <div style="line-height: 1.0pt; margin-top: 5.00pt; text-align: left;"></div> <div style="margin-top: 0.0pt;">
<table style="empty-cells: show; width: 516pt;" cellpadding="0" cellspacing="0">
<tr style="height: 7pt;">
<td style="background-color: #ffffff; padding-bottom: 2pt; padding-top: 2pt; vertical-align: Bottom; width: 346.61pt;"> <div style="line-height: 0.5pt; text-align: left;"> <div style="margin-left: 3pt; margin-right: 6pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-weight: bold; margin-left: 0.0pt;">&#160;</span></div> </div> </td>
<td style="background-color: #ffffff; padding-bottom: 2pt; padding-top: 2pt; vertical-align: Bottom; width: 38.25pt;"> <div style="line-height: 10pt; text-align: left;"> <div style="margin-left: 4pt; margin-right: 4pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-weight: bold;">1 Year</span></div> </div> </td>
<td style="background-color: #ffffff; padding-bottom: 2pt; padding-top: 2pt; vertical-align: Bottom; width: 42.05pt;"> <div style="line-height: 10pt; text-align: left;"> <div style="margin-left: 4pt; margin-right: 4pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-weight: bold;">3 Years</span></div> </div> </td>
<td style="background-color: #ffffff; padding-bottom: 2pt; padding-top: 2pt; vertical-align: Bottom; width: 42.05pt;"> <div style="line-height: 10pt; text-align: left;"> <div style="margin-left: 4pt; margin-right: 4pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-weight: bold;">5 Years</span></div> </div> </td>
<td style="background-color: #ffffff; padding-bottom: 2pt; padding-top: 2pt; vertical-align: Bottom; width: 47.05pt;"> <div style="line-height: 10pt; text-align: left;"> <div style="margin-left: 4pt; margin-right: 4pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-weight: bold;">10 Years</span></div> </div> </td> </tr>
<tr style="height: 11pt;">
<td style="background-color: azure; padding-bottom: 4pt; padding-top: 2pt; vertical-align: Bottom; width: 346.61pt;"> <div style="line-height: 10pt; text-align: left;"> <div style="margin-left: 3pt; margin-right: 6pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">The Fund</span></div> </div> </td>
<td style="background-color: azure; padding-bottom: 4pt; padding-top: 2pt; vertical-align: Bottom; width: 38.25pt;"> <div style="line-height: 10pt; text-align: left;"> <div style="margin-left: 11.61pt; margin-right: 11.61pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.00pt;">$</span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">20</span></div> </div> </td>
<td style="background-color: azure; padding-bottom: 4pt; padding-top: 2pt; vertical-align: Bottom; width: 42.05pt;"> <div style="line-height: 10pt; text-align: left;"> <div style="margin-left: 13.51pt; margin-right: 13.51pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.00pt;">$</span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">60</span></div> </div> </td>
<td style="background-color: azure; padding-bottom: 4pt; padding-top: 2pt; vertical-align: Bottom; width: 42.05pt;"> <div style="line-height: 10pt; text-align: left;"> <div style="margin-left: 11.01pt; margin-right: 11.01pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.00pt;">$</span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">104</span></div> </div> </td>
<td style="background-color: azure; padding-bottom: 4pt; padding-top: 2pt; vertical-align: Bottom; width: 47.05pt;"> <div style="line-height: 10pt; text-align: left;"> <div style="margin-left: 4pt; margin-right: 4pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.00pt;">$</span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">225</span></div> </div> </td> </tr>
<tr style="height: 13pt;">
<td style="background-color: #ffffff; padding-bottom: 4pt; padding-top: 4pt; vertical-align: Bottom; width: 346.61pt;"> <div style="line-height: 10pt; text-align: left;"> <div style="margin-left: 3pt; margin-right: 6pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">GPM</span></div> </div> </td>
<td style="background-color: #ffffff; padding-bottom: 4pt; padding-top: 4pt; vertical-align: Bottom; width: 38.25pt;"> <div style="line-height: 10pt; text-align: left;"> <div style="margin-left: 11.61pt; margin-right: 11.61pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">$</span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">19</span></div> </div> </td>
<td style="background-color: #ffffff; padding-bottom: 4pt; padding-top: 4pt; vertical-align: Bottom; width: 42.05pt;"> <div style="line-height: 10pt; text-align: left;"> <div style="margin-left: 13.51pt; margin-right: 13.51pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">$</span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">58</span></div> </div> </td>
<td style="background-color: #ffffff; padding-bottom: 4pt; padding-top: 4pt; vertical-align: Bottom; width: 42.05pt;"> <div style="line-height: 10pt; text-align: left;"> <div style="margin-left: 11.01pt; margin-right: 11.01pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">$</span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">100</span></div> </div> </td>
<td style="background-color: #ffffff; padding-bottom: 4pt; padding-top: 4pt; vertical-align: Bottom; width: 47.05pt;"> <div style="line-height: 10pt; text-align: left;"> <div style="margin-left: 4pt; margin-right: 4pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">$</span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">217</span></div> </div> </td> </tr>
<tr style="height: 13pt;">
<td style="background-color: azure; padding-bottom: 4pt; padding-top: 4pt; vertical-align: Bottom; width: 346.61pt;"> <div style="line-height: 10pt; text-align: left;"> <div style="margin-left: 3pt; margin-right: 6pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">GGM</span></div> </div> </td>
<td style="background-color: azure; padding-bottom: 4pt; padding-top: 4pt; vertical-align: Bottom; width: 38.25pt;"> <div style="line-height: 10pt; text-align: left;"> <div style="margin-left: 11.61pt; margin-right: 11.61pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.00pt;">$</span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">23</span></div> </div> </td>
<td style="background-color: azure; padding-bottom: 4pt; padding-top: 4pt; vertical-align: Bottom; width: 42.05pt;"> <div style="line-height: 10pt; text-align: left;"> <div style="margin-left: 13.51pt; margin-right: 13.51pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.00pt;">$</span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">70</span></div> </div> </td>
<td style="background-color: azure; padding-bottom: 4pt; padding-top: 4pt; vertical-align: Bottom; width: 42.05pt;"> <div style="line-height: 10pt; text-align: left;"> <div style="margin-left: 11.01pt; margin-right: 11.01pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.00pt;">$</span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">120</span></div> </div> </td>
<td style="background-color: azure; padding-bottom: 4pt; padding-top: 4pt; vertical-align: Bottom; width: 47.05pt;"> <div style="line-height: 10pt; text-align: left;"> <div style="margin-left: 4pt; margin-right: 4pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.00pt;">$</span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">258</span></div> </div> </td> </tr>
<tr style="height: 9pt;">
<td style="background-color: #ffffff; padding-bottom: 1.5pt; padding-top: 4pt; vertical-align: Bottom; width: 346.61pt;"> <div style="line-height: 10pt; text-align: left;"> <div style="margin-left: 3pt; margin-right: 6pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">Pro Forma the Fund (Both GPM and GGM into the Fund)</span></div> </div> </td>
<td style="background-color: #ffffff; padding-bottom: 1.5pt; padding-top: 4pt; vertical-align: Bottom; width: 38.25pt;"> <div style="line-height: 10pt; text-align: left;"> <div style="margin-left: 11.61pt; margin-right: 11.61pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">$</span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">20</span></div> </div> </td>
<td style="background-color: #ffffff; padding-bottom: 1.5pt; padding-top: 4pt; vertical-align: Bottom; width: 42.05pt;"> <div style="line-height: 10pt; text-align: left;"> <div style="margin-left: 13.51pt; margin-right: 13.51pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">$</span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">62</span></div> </div> </td>
<td style="background-color: #ffffff; padding-bottom: 1.5pt; padding-top: 4pt; vertical-align: Bottom; width: 42.05pt;"> <div style="line-height: 10pt; text-align: left;"> <div style="margin-left: 11.01pt; margin-right: 11.01pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">$</span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">106</span></div> </div> </td>
<td style="background-color: #ffffff; padding-bottom: 1.5pt; padding-top: 4pt; vertical-align: Bottom; width: 47.05pt;"> <div style="line-height: 10pt; text-align: left;"> <div style="margin-left: 4pt; margin-right: 4pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">$</span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">230</span></div> </div> </td> </tr> </table> </div> <div style="line-height: 12.02pt; margin-top: 10pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;">The examples set forth above assume common shares of GPM, GGM and the Fund were owned as of the completion of </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">the Fund Mergers and the reinvestment of all dividends and distributions and uses a 5% annual rate of return as mandated by </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">SEC regulations. The examples should not be considered a representation of past or future expenses or annual rates of return. </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">Actual expenses or annual rates of return may be more or less than those assumed for purposes of the examples.</span> </span></div> </div> <div style="clear: both;"></div> <div style="float: left; margin-left: 39pt; margin-top: 34.16pt; width: 516pt; min-height: 12pt;"> <div style="line-height: 10.02pt; text-align: center;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; line-height: 10.02pt; margin-left: 0%;">114</span></div> </div> </div> </div> <div style="float: left; margin-bottom: 5.0pt; width: 100%;"></div> <hr style="clear: both; margin: 40.0pt 0.25pt 0.25pt 0.25pt;" /></div> </div> </div> </div></div></div></body></html>
</XBRL>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EX-101.SCH
<SEQUENCE>2
<FILENAME>gsof-20210920.xsd
<DESCRIPTION>XBRL TAXONOMY EXTENSION SCHEMA
<TEXT>
<XBRL>
<?xml version="1.0" encoding="US-ASCII"?>
<schema targetNamespace="http://www.guggenheiminvestments.com/20210920" elementFormDefault="qualified" xmlns="http://www.w3.org/2001/XMLSchema" xmlns:gsof="http://www.guggenheiminvestments.com/20210920" xmlns:link="http://www.xbrl.org/2003/linkbase" xmlns:rr="http://xbrl.sec.gov/rr/2021" xmlns:dtr="http://www.xbrl.org/2009/dtr" xmlns:ref="http://www.xbrl.org/2006/ref" xmlns:xbrldt="http://xbrl.org/2005/xbrldt" xmlns:xl="http://www.xbrl.org/2003/XLink" xmlns:dei="http://xbrl.sec.gov/dei/2022" xmlns:xbrldi="http://xbrl.org/2006/xbrldi" xmlns:dtr-types="http://www.xbrl.org/dtr/type/2020-01-21" xmlns:xbrli="http://www.xbrl.org/2003/instance" xmlns:cef="http://xbrl.sec.gov/cef/2022" xmlns:xlink="http://www.w3.org/1999/xlink">
  <annotation>
    <appinfo>
      <link:linkbase>
        <link:roleRef roleURI="http://xbrl.sec.gov/cef/role/N2" xlink:type="simple" xlink:href="https://xbrl.sec.gov/cef/2022/cef-2022.xsd#N2"/>
        <link:roleRef roleURI="http://xbrl.sec.gov/cef/role/RiskOnly" xlink:type="simple" xlink:href="https://xbrl.sec.gov/cef/2022/cef-2022.xsd#RiskOnly"/>
        <link:roleRef roleURI="http://xbrl.sec.gov/cef/role/SecurityOnly" xlink:type="simple" xlink:href="https://xbrl.sec.gov/cef/2022/cef-2022.xsd#SecurityOnly"/>
        <link:arcroleRef arcroleURI="http://xbrl.org/int/dim/arcrole/domain-member" xlink:type="simple" xlink:href="http://www.xbrl.org/2005/xbrldt-2005.xsd#domain-member"/>
        <link:presentationLink xlink:type="extended" xlink:role="http://xbrl.sec.gov/cef/role/N2">
          <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/cef/2022/cef-2022.xsd#cef_AllSecuritiesMember" xlink:label="AllSecuritiesMember"/>
		  <link:loc xlink:type="locator" xlink:href="#gsof_BorrowingsCommittedFacilityAgreementMember" xlink:label="BorrowingsCommittedFacilityAgreementMember"/>
<link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="AllSecuritiesMember" xlink:to="BorrowingsCommittedFacilityAgreementMember" order="1"/><link:loc xlink:type="locator" xlink:href="#gsof_BorrowingsMember" xlink:label="BorrowingsMember"/>
<link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="AllSecuritiesMember" xlink:to="BorrowingsMember" order="2"/><link:loc xlink:type="locator" xlink:href="#gsof_CommonSharesMember" xlink:label="CommonSharesMember"/>
<link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="AllSecuritiesMember" xlink:to="CommonSharesMember" order="3"/><link:loc xlink:type="locator" xlink:href="#gsof_PreferredSharesMember" xlink:label="PreferredSharesMember"/>
<link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="AllSecuritiesMember" xlink:to="PreferredSharesMember" order="4"/><link:loc xlink:type="locator" xlink:href="#gsof_ReverseRepurchaseAgreementsMember" xlink:label="ReverseRepurchaseAgreementsMember"/>
<link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="AllSecuritiesMember" xlink:to="ReverseRepurchaseAgreementsMember" order="5"/>
          <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/cef/2022/cef-2022.xsd#cef_AllRisksMember" xlink:label="AllRisksMember"/>
		  <link:loc xlink:type="locator" xlink:href="#gsof_AntiTakeoverProvisionsRiskMember" xlink:label="AntiTakeoverProvisionsRiskMember"/>
<link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="AllRisksMember" xlink:to="AntiTakeoverProvisionsRiskMember" order="1"/><link:loc xlink:type="locator" xlink:href="#gsof_AssetBackedSecuritiesRiskMember" xlink:label="AssetBackedSecuritiesRiskMember"/>
<link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="AllRisksMember" xlink:to="AssetBackedSecuritiesRiskMember" order="2"/><link:loc xlink:type="locator" xlink:href="#gsof_BelowInvestmentGradeSecuritiesRiskMember" xlink:label="BelowInvestmentGradeSecuritiesRiskMember"/>
<link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="AllRisksMember" xlink:to="BelowInvestmentGradeSecuritiesRiskMember" order="3"/><link:loc xlink:type="locator" xlink:href="#gsof_CLOCDOAndCBORiskMember" xlink:label="CLOCDOAndCBORiskMember"/>
<link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="AllRisksMember" xlink:to="CLOCDOAndCBORiskMember" order="4"/><link:loc xlink:type="locator" xlink:href="#gsof_CommonEquitySecuritiesRiskMember" xlink:label="CommonEquitySecuritiesRiskMember"/>
<link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="AllRisksMember" xlink:to="CommonEquitySecuritiesRiskMember" order="5"/><link:loc xlink:type="locator" xlink:href="#gsof_ConflictsOfInterestRiskMember" xlink:label="ConflictsOfInterestRiskMember"/>
<link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="AllRisksMember" xlink:to="ConflictsOfInterestRiskMember" order="6"/><link:loc xlink:type="locator" xlink:href="#gsof_ConvertibleSecuritiesRiskMember" xlink:label="ConvertibleSecuritiesRiskMember"/>
<link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="AllRisksMember" xlink:to="ConvertibleSecuritiesRiskMember" order="7"/><link:loc xlink:type="locator" xlink:href="#gsof_CyberSecurityMarketDisruptionsAndOperationalRiskMember" xlink:label="CyberSecurityMarketDisruptionsAndOperationalRiskMember"/>
<link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="AllRisksMember" xlink:to="CyberSecurityMarketDisruptionsAndOperationalRiskMember" order="8"/><link:loc xlink:type="locator" xlink:href="#gsof_DerivativesTransactionsRiskMember" xlink:label="DerivativesTransactionsRiskMember"/>
<link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="AllRisksMember" xlink:to="DerivativesTransactionsRiskMember" order="9"/><link:loc xlink:type="locator" xlink:href="#gsof_DilutionRiskMember" xlink:label="DilutionRiskMember"/>
<link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="AllRisksMember" xlink:to="DilutionRiskMember" order="10"/><link:loc xlink:type="locator" xlink:href="#gsof_DistressedAndDefaultedSecuritiesRiskMember" xlink:label="DistressedAndDefaultedSecuritiesRiskMember"/>
<link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="AllRisksMember" xlink:to="DistressedAndDefaultedSecuritiesRiskMember" order="11"/><link:loc xlink:type="locator" xlink:href="#gsof_NotACompleteInvestmentProgramMember" xlink:label="NotACompleteInvestmentProgramMember"/>
<link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="AllRisksMember" xlink:to="NotACompleteInvestmentProgramMember" order="12"/><link:loc xlink:type="locator" xlink:href="#gsof_InvestmentAndMarketRiskMember" xlink:label="InvestmentAndMarketRiskMember"/>
<link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="AllRisksMember" xlink:to="InvestmentAndMarketRiskMember" order="13"/><link:loc xlink:type="locator" xlink:href="#gsof_ManagementRiskMember" xlink:label="ManagementRiskMember"/>
<link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="AllRisksMember" xlink:to="ManagementRiskMember" order="14"/><link:loc xlink:type="locator" xlink:href="#gsof_IncomeRiskMember" xlink:label="IncomeRiskMember"/>
<link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="AllRisksMember" xlink:to="IncomeRiskMember" order="15"/><link:loc xlink:type="locator" xlink:href="#gsof_DividendRiskMember" xlink:label="DividendRiskMember"/>
<link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="AllRisksMember" xlink:to="DividendRiskMember" order="16"/><link:loc xlink:type="locator" xlink:href="#gsof_IncomeSecuritiesRiskMember" xlink:label="IncomeSecuritiesRiskMember"/>
<link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="AllRisksMember" xlink:to="IncomeSecuritiesRiskMember" order="17"/><link:loc xlink:type="locator" xlink:href="#gsof_MortgageBackedSecuritiesRiskMember" xlink:label="MortgageBackedSecuritiesRiskMember"/>
<link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="AllRisksMember" xlink:to="MortgageBackedSecuritiesRiskMember" order="18"/><link:loc xlink:type="locator" xlink:href="#gsof_LoansAndLoanParticipationsAndAssignmentsRiskMember" xlink:label="LoansAndLoanParticipationsAndAssignmentsRiskMember"/>
<link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="AllRisksMember" xlink:to="LoansAndLoanParticipationsAndAssignmentsRiskMember" order="19"/><link:loc xlink:type="locator" xlink:href="#gsof_MezzanineInvestmentsRiskMember" xlink:label="MezzanineInvestmentsRiskMember"/>
<link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="AllRisksMember" xlink:to="MezzanineInvestmentsRiskMember" order="20"/><link:loc xlink:type="locator" xlink:href="#gsof_PreferredStockRiskMember" xlink:label="PreferredStockRiskMember"/>
<link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="AllRisksMember" xlink:to="PreferredStockRiskMember" order="21"/><link:loc xlink:type="locator" xlink:href="#gsof_ForeignSecuritiesRiskMember" xlink:label="ForeignSecuritiesRiskMember"/>
<link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="AllRisksMember" xlink:to="ForeignSecuritiesRiskMember" order="22"/><link:loc xlink:type="locator" xlink:href="#gsof_EmergingMarketsRiskMember" xlink:label="EmergingMarketsRiskMember"/>
<link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="AllRisksMember" xlink:to="EmergingMarketsRiskMember" order="23"/><link:loc xlink:type="locator" xlink:href="#gsof_ForeignCurrencyRiskMember" xlink:label="ForeignCurrencyRiskMember"/>
<link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="AllRisksMember" xlink:to="ForeignCurrencyRiskMember" order="24"/><link:loc xlink:type="locator" xlink:href="#gsof_RedenominationRiskMember" xlink:label="RedenominationRiskMember"/>
<link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="AllRisksMember" xlink:to="RedenominationRiskMember" order="25"/><link:loc xlink:type="locator" xlink:href="#gsof_PrivateSecuritiesRiskMember" xlink:label="PrivateSecuritiesRiskMember"/>
<link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="AllRisksMember" xlink:to="PrivateSecuritiesRiskMember" order="26"/><link:loc xlink:type="locator" xlink:href="#gsof_InvestmentFundsRiskMember" xlink:label="InvestmentFundsRiskMember"/>
<link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="AllRisksMember" xlink:to="InvestmentFundsRiskMember" order="27"/><link:loc xlink:type="locator" xlink:href="#gsof_InflationDeflationRiskMember" xlink:label="InflationDeflationRiskMember"/>
<link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="AllRisksMember" xlink:to="InflationDeflationRiskMember" order="28"/><link:loc xlink:type="locator" xlink:href="#gsof_MarketDiscountRiskMember" xlink:label="MarketDiscountRiskMember"/>
<link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="AllRisksMember" xlink:to="MarketDiscountRiskMember" order="29"/><link:loc xlink:type="locator" xlink:href="#gsof_FinancialLeverageAndLeveragedTransactionsRiskMember" xlink:label="FinancialLeverageAndLeveragedTransactionsRiskMember"/>
<link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="AllRisksMember" xlink:to="FinancialLeverageAndLeveragedTransactionsRiskMember" order="30"/><link:loc xlink:type="locator" xlink:href="#gsof_PortfolioTurnoverRiskMember" xlink:label="PortfolioTurnoverRiskMember"/>
<link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="AllRisksMember" xlink:to="PortfolioTurnoverRiskMember" order="31"/><link:loc xlink:type="locator" xlink:href="#gsof_LegislationAndRegulationRiskMember" xlink:label="LegislationAndRegulationRiskMember"/>
<link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="AllRisksMember" xlink:to="LegislationAndRegulationRiskMember" order="32"/><link:loc xlink:type="locator" xlink:href="#gsof_LIBORReplacementRiskMember" xlink:label="LIBORReplacementRiskMember"/>
<link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="AllRisksMember" xlink:to="LIBORReplacementRiskMember" order="33"/><link:loc xlink:type="locator" xlink:href="#gsof_RecentMarketDevelopmentsRiskMember" xlink:label="RecentMarketDevelopmentsRiskMember"/>
<link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="AllRisksMember" xlink:to="RecentMarketDevelopmentsRiskMember" order="34"/><link:loc xlink:type="locator" xlink:href="#gsof_IncreasingGovernmentAndOtherPublicDebtRiskMember" xlink:label="IncreasingGovernmentAndOtherPublicDebtRiskMember"/>
<link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="AllRisksMember" xlink:to="IncreasingGovernmentAndOtherPublicDebtRiskMember" order="35"/><link:loc xlink:type="locator" xlink:href="#gsof_MunicipalSecuritiesRiskMember" xlink:label="MunicipalSecuritiesRiskMember"/>
<link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="AllRisksMember" xlink:to="MunicipalSecuritiesRiskMember" order="36"/><link:loc xlink:type="locator" xlink:href="#gsof_RepurchaseAgreementRiskMember" xlink:label="RepurchaseAgreementRiskMember"/>
<link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="AllRisksMember" xlink:to="RepurchaseAgreementRiskMember" order="37"/><link:loc xlink:type="locator" xlink:href="#gsof_MarketDisruptionAndGeopoliticalRiskMember" xlink:label="MarketDisruptionAndGeopoliticalRiskMember"/>
<link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="AllRisksMember" xlink:to="MarketDisruptionAndGeopoliticalRiskMember" order="38"/><link:loc xlink:type="locator" xlink:href="#gsof_StructuredFinanceInvestmentsRiskMember" xlink:label="StructuredFinanceInvestmentsRiskMember"/>
<link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="AllRisksMember" xlink:to="StructuredFinanceInvestmentsRiskMember" order="39"/><link:loc xlink:type="locator" xlink:href="#gsof_RisksAssociatedWithRiskLinkedSecuritiesMember" xlink:label="RisksAssociatedWithRiskLinkedSecuritiesMember"/>
<link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="AllRisksMember" xlink:to="RisksAssociatedWithRiskLinkedSecuritiesMember" order="40"/><link:loc xlink:type="locator" xlink:href="#gsof_RisksAssociatedWithStructuredNotesMember" xlink:label="RisksAssociatedWithStructuredNotesMember"/>
<link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="AllRisksMember" xlink:to="RisksAssociatedWithStructuredNotesMember" order="41"/><link:loc xlink:type="locator" xlink:href="#gsof_SeniorLoansRiskMember" xlink:label="SeniorLoansRiskMember"/>
<link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="AllRisksMember" xlink:to="SeniorLoansRiskMember" order="42"/><link:loc xlink:type="locator" xlink:href="#gsof_SecondLienLoansRiskMember" xlink:label="SecondLienLoansRiskMember"/>
<link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="AllRisksMember" xlink:to="SecondLienLoansRiskMember" order="43"/><link:loc xlink:type="locator" xlink:href="#gsof_SubordinatedSecuredLoansRiskMember" xlink:label="SubordinatedSecuredLoansRiskMember"/>
<link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="AllRisksMember" xlink:to="SubordinatedSecuredLoansRiskMember" order="44"/><link:loc xlink:type="locator" xlink:href="#gsof_UnsecuredLoansRiskMember" xlink:label="UnsecuredLoansRiskMember"/>
<link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="AllRisksMember" xlink:to="UnsecuredLoansRiskMember" order="45"/><link:loc xlink:type="locator" xlink:href="#gsof_SovereignDebtRiskMember" xlink:label="SovereignDebtRiskMember"/>
<link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="AllRisksMember" xlink:to="SovereignDebtRiskMember" order="46"/><link:loc xlink:type="locator" xlink:href="#gsof_UKDepartureFromEUBrexitRiskMember" xlink:label="UKDepartureFromEUBrexitRiskMember"/>
<link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="AllRisksMember" xlink:to="UKDepartureFromEUBrexitRiskMember" order="47"/><link:loc xlink:type="locator" xlink:href="#gsof_RisksAssociatedWithTheFundsCoveredCallOptionStrategyAndPutOptionsMember" xlink:label="RisksAssociatedWithTheFundsCoveredCallOptionStrategyAndPutOptionsMember"/>
<link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="AllRisksMember" xlink:to="RisksAssociatedWithTheFundsCoveredCallOptionStrategyAndPutOptionsMember" order="48"/><link:loc xlink:type="locator" xlink:href="#gsof_RisksOfRealPropertyAssetCompaniesMember" xlink:label="RisksOfRealPropertyAssetCompaniesMember"/>
<link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="AllRisksMember" xlink:to="RisksOfRealPropertyAssetCompaniesMember" order="49"/><link:loc xlink:type="locator" xlink:href="#gsof_RisksOfPersonalPropertyAssetCompaniesMember" xlink:label="RisksOfPersonalPropertyAssetCompaniesMember"/>
<link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="AllRisksMember" xlink:to="RisksOfPersonalPropertyAssetCompaniesMember" order="50"/><link:loc xlink:type="locator" xlink:href="#gsof_SyntheticInvestmentsRiskMember" xlink:label="SyntheticInvestmentsRiskMember"/>
<link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="AllRisksMember" xlink:to="SyntheticInvestmentsRiskMember" order="51"/><link:loc xlink:type="locator" xlink:href="#gsof_USGovernmentSecuritiesRiskMember" xlink:label="USGovernmentSecuritiesRiskMember"/>
<link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="AllRisksMember" xlink:to="USGovernmentSecuritiesRiskMember" order="52"/><link:loc xlink:type="locator" xlink:href="#gsof_WhenIssuedAndDelayedDeliveryTransactionsRiskMember" xlink:label="WhenIssuedAndDelayedDeliveryTransactionsRiskMember"/>
<link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="AllRisksMember" xlink:to="WhenIssuedAndDelayedDeliveryTransactionsRiskMember" order="53"/><link:loc xlink:type="locator" xlink:href="#gsof_ShortSalesRiskMember" xlink:label="ShortSalesRiskMember"/>
<link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="AllRisksMember" xlink:to="ShortSalesRiskMember" order="54"/><link:loc xlink:type="locator" xlink:href="#gsof_SecuritiesLendingRiskMember" xlink:label="SecuritiesLendingRiskMember"/>
<link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="AllRisksMember" xlink:to="SecuritiesLendingRiskMember" order="55"/><link:loc xlink:type="locator" xlink:href="#gsof_RiskOfFailureToQualifyAsARICMember" xlink:label="RiskOfFailureToQualifyAsARICMember"/>
<link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="AllRisksMember" xlink:to="RiskOfFailureToQualifyAsARICMember" order="56"/><link:loc xlink:type="locator" xlink:href="#gsof_TechnologyRiskMember" xlink:label="TechnologyRiskMember"/>
<link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="AllRisksMember" xlink:to="TechnologyRiskMember" order="57"/>
        </link:presentationLink>
        <link:definitionLink xlink:type="extended" xlink:role="http://xbrl.sec.gov/cef/role/SecurityOnly">
          <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/cef/2022/cef-2022.xsd#cef_AllSecuritiesMember" xlink:label="AllSecuritiesMember"/>
		  <link:loc xlink:type="locator" xlink:href="#gsof_BorrowingsCommittedFacilityAgreementMember" xlink:label="BorrowingsCommittedFacilityAgreementMember"/>
<link:definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="AllSecuritiesMember" xlink:to="BorrowingsCommittedFacilityAgreementMember" order="1"/><link:loc xlink:type="locator" xlink:href="#gsof_BorrowingsMember" xlink:label="BorrowingsMember"/>
<link:definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="AllSecuritiesMember" xlink:to="BorrowingsMember" order="2"/><link:loc xlink:type="locator" xlink:href="#gsof_CommonSharesMember" xlink:label="CommonSharesMember"/>
<link:definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="AllSecuritiesMember" xlink:to="CommonSharesMember" order="3"/><link:loc xlink:type="locator" xlink:href="#gsof_PreferredSharesMember" xlink:label="PreferredSharesMember"/>
<link:definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="AllSecuritiesMember" xlink:to="PreferredSharesMember" order="4"/><link:loc xlink:type="locator" xlink:href="#gsof_ReverseRepurchaseAgreementsMember" xlink:label="ReverseRepurchaseAgreementsMember"/>
<link:definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="AllSecuritiesMember" xlink:to="ReverseRepurchaseAgreementsMember" order="5"/>
        </link:definitionLink>
        <link:definitionLink xlink:type="extended" xlink:role="http://xbrl.sec.gov/cef/role/RiskOnly">
          <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/cef/2022/cef-2022.xsd#cef_AllRisksMember" xlink:label="AllRisksMember"/>
		  <link:loc xlink:type="locator" xlink:href="#gsof_AntiTakeoverProvisionsRiskMember" xlink:label="AntiTakeoverProvisionsRiskMember"/>
<link:definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="AllRisksMember" xlink:to="AntiTakeoverProvisionsRiskMember" order="1"/><link:loc xlink:type="locator" xlink:href="#gsof_AssetBackedSecuritiesRiskMember" xlink:label="AssetBackedSecuritiesRiskMember"/>
<link:definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="AllRisksMember" xlink:to="AssetBackedSecuritiesRiskMember" order="2"/><link:loc xlink:type="locator" xlink:href="#gsof_BelowInvestmentGradeSecuritiesRiskMember" xlink:label="BelowInvestmentGradeSecuritiesRiskMember"/>
<link:definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="AllRisksMember" xlink:to="BelowInvestmentGradeSecuritiesRiskMember" order="3"/><link:loc xlink:type="locator" xlink:href="#gsof_CLOCDOAndCBORiskMember" xlink:label="CLOCDOAndCBORiskMember"/>
<link:definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="AllRisksMember" xlink:to="CLOCDOAndCBORiskMember" order="4"/><link:loc xlink:type="locator" xlink:href="#gsof_CommonEquitySecuritiesRiskMember" xlink:label="CommonEquitySecuritiesRiskMember"/>
<link:definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="AllRisksMember" xlink:to="CommonEquitySecuritiesRiskMember" order="5"/><link:loc xlink:type="locator" xlink:href="#gsof_ConflictsOfInterestRiskMember" xlink:label="ConflictsOfInterestRiskMember"/>
<link:definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="AllRisksMember" xlink:to="ConflictsOfInterestRiskMember" order="6"/><link:loc xlink:type="locator" xlink:href="#gsof_ConvertibleSecuritiesRiskMember" xlink:label="ConvertibleSecuritiesRiskMember"/>
<link:definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="AllRisksMember" xlink:to="ConvertibleSecuritiesRiskMember" order="7"/><link:loc xlink:type="locator" xlink:href="#gsof_CyberSecurityMarketDisruptionsAndOperationalRiskMember" xlink:label="CyberSecurityMarketDisruptionsAndOperationalRiskMember"/>
<link:definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="AllRisksMember" xlink:to="CyberSecurityMarketDisruptionsAndOperationalRiskMember" order="8"/><link:loc xlink:type="locator" xlink:href="#gsof_DerivativesTransactionsRiskMember" xlink:label="DerivativesTransactionsRiskMember"/>
<link:definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="AllRisksMember" xlink:to="DerivativesTransactionsRiskMember" order="9"/><link:loc xlink:type="locator" xlink:href="#gsof_DilutionRiskMember" xlink:label="DilutionRiskMember"/>
<link:definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="AllRisksMember" xlink:to="DilutionRiskMember" order="10"/><link:loc xlink:type="locator" xlink:href="#gsof_DistressedAndDefaultedSecuritiesRiskMember" xlink:label="DistressedAndDefaultedSecuritiesRiskMember"/>
<link:definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="AllRisksMember" xlink:to="DistressedAndDefaultedSecuritiesRiskMember" order="11"/><link:loc xlink:type="locator" xlink:href="#gsof_NotACompleteInvestmentProgramMember" xlink:label="NotACompleteInvestmentProgramMember"/>
<link:definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="AllRisksMember" xlink:to="NotACompleteInvestmentProgramMember" order="12"/><link:loc xlink:type="locator" xlink:href="#gsof_InvestmentAndMarketRiskMember" xlink:label="InvestmentAndMarketRiskMember"/>
<link:definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="AllRisksMember" xlink:to="InvestmentAndMarketRiskMember" order="13"/><link:loc xlink:type="locator" xlink:href="#gsof_ManagementRiskMember" xlink:label="ManagementRiskMember"/>
<link:definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="AllRisksMember" xlink:to="ManagementRiskMember" order="14"/><link:loc xlink:type="locator" xlink:href="#gsof_IncomeRiskMember" xlink:label="IncomeRiskMember"/>
<link:definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="AllRisksMember" xlink:to="IncomeRiskMember" order="15"/><link:loc xlink:type="locator" xlink:href="#gsof_DividendRiskMember" xlink:label="DividendRiskMember"/>
<link:definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="AllRisksMember" xlink:to="DividendRiskMember" order="16"/><link:loc xlink:type="locator" xlink:href="#gsof_IncomeSecuritiesRiskMember" xlink:label="IncomeSecuritiesRiskMember"/>
<link:definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="AllRisksMember" xlink:to="IncomeSecuritiesRiskMember" order="17"/><link:loc xlink:type="locator" xlink:href="#gsof_MortgageBackedSecuritiesRiskMember" xlink:label="MortgageBackedSecuritiesRiskMember"/>
<link:definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="AllRisksMember" xlink:to="MortgageBackedSecuritiesRiskMember" order="18"/><link:loc xlink:type="locator" xlink:href="#gsof_LoansAndLoanParticipationsAndAssignmentsRiskMember" xlink:label="LoansAndLoanParticipationsAndAssignmentsRiskMember"/>
<link:definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="AllRisksMember" xlink:to="LoansAndLoanParticipationsAndAssignmentsRiskMember" order="19"/><link:loc xlink:type="locator" xlink:href="#gsof_MezzanineInvestmentsRiskMember" xlink:label="MezzanineInvestmentsRiskMember"/>
<link:definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="AllRisksMember" xlink:to="MezzanineInvestmentsRiskMember" order="20"/><link:loc xlink:type="locator" xlink:href="#gsof_PreferredStockRiskMember" xlink:label="PreferredStockRiskMember"/>
<link:definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="AllRisksMember" xlink:to="PreferredStockRiskMember" order="21"/><link:loc xlink:type="locator" xlink:href="#gsof_ForeignSecuritiesRiskMember" xlink:label="ForeignSecuritiesRiskMember"/>
<link:definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="AllRisksMember" xlink:to="ForeignSecuritiesRiskMember" order="22"/><link:loc xlink:type="locator" xlink:href="#gsof_EmergingMarketsRiskMember" xlink:label="EmergingMarketsRiskMember"/>
<link:definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="AllRisksMember" xlink:to="EmergingMarketsRiskMember" order="23"/><link:loc xlink:type="locator" xlink:href="#gsof_ForeignCurrencyRiskMember" xlink:label="ForeignCurrencyRiskMember"/>
<link:definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="AllRisksMember" xlink:to="ForeignCurrencyRiskMember" order="24"/><link:loc xlink:type="locator" xlink:href="#gsof_RedenominationRiskMember" xlink:label="RedenominationRiskMember"/>
<link:definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="AllRisksMember" xlink:to="RedenominationRiskMember" order="25"/><link:loc xlink:type="locator" xlink:href="#gsof_PrivateSecuritiesRiskMember" xlink:label="PrivateSecuritiesRiskMember"/>
<link:definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="AllRisksMember" xlink:to="PrivateSecuritiesRiskMember" order="26"/><link:loc xlink:type="locator" xlink:href="#gsof_InvestmentFundsRiskMember" xlink:label="InvestmentFundsRiskMember"/>
<link:definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="AllRisksMember" xlink:to="InvestmentFundsRiskMember" order="27"/><link:loc xlink:type="locator" xlink:href="#gsof_InflationDeflationRiskMember" xlink:label="InflationDeflationRiskMember"/>
<link:definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="AllRisksMember" xlink:to="InflationDeflationRiskMember" order="28"/><link:loc xlink:type="locator" xlink:href="#gsof_MarketDiscountRiskMember" xlink:label="MarketDiscountRiskMember"/>
<link:definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="AllRisksMember" xlink:to="MarketDiscountRiskMember" order="29"/><link:loc xlink:type="locator" xlink:href="#gsof_FinancialLeverageAndLeveragedTransactionsRiskMember" xlink:label="FinancialLeverageAndLeveragedTransactionsRiskMember"/>
<link:definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="AllRisksMember" xlink:to="FinancialLeverageAndLeveragedTransactionsRiskMember" order="30"/><link:loc xlink:type="locator" xlink:href="#gsof_PortfolioTurnoverRiskMember" xlink:label="PortfolioTurnoverRiskMember"/>
<link:definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="AllRisksMember" xlink:to="PortfolioTurnoverRiskMember" order="31"/><link:loc xlink:type="locator" xlink:href="#gsof_LegislationAndRegulationRiskMember" xlink:label="LegislationAndRegulationRiskMember"/>
<link:definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="AllRisksMember" xlink:to="LegislationAndRegulationRiskMember" order="32"/><link:loc xlink:type="locator" xlink:href="#gsof_LIBORReplacementRiskMember" xlink:label="LIBORReplacementRiskMember"/>
<link:definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="AllRisksMember" xlink:to="LIBORReplacementRiskMember" order="33"/><link:loc xlink:type="locator" xlink:href="#gsof_RecentMarketDevelopmentsRiskMember" xlink:label="RecentMarketDevelopmentsRiskMember"/>
<link:definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="AllRisksMember" xlink:to="RecentMarketDevelopmentsRiskMember" order="34"/><link:loc xlink:type="locator" xlink:href="#gsof_IncreasingGovernmentAndOtherPublicDebtRiskMember" xlink:label="IncreasingGovernmentAndOtherPublicDebtRiskMember"/>
<link:definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="AllRisksMember" xlink:to="IncreasingGovernmentAndOtherPublicDebtRiskMember" order="35"/><link:loc xlink:type="locator" xlink:href="#gsof_MunicipalSecuritiesRiskMember" xlink:label="MunicipalSecuritiesRiskMember"/>
<link:definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="AllRisksMember" xlink:to="MunicipalSecuritiesRiskMember" order="36"/><link:loc xlink:type="locator" xlink:href="#gsof_RepurchaseAgreementRiskMember" xlink:label="RepurchaseAgreementRiskMember"/>
<link:definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="AllRisksMember" xlink:to="RepurchaseAgreementRiskMember" order="37"/><link:loc xlink:type="locator" xlink:href="#gsof_MarketDisruptionAndGeopoliticalRiskMember" xlink:label="MarketDisruptionAndGeopoliticalRiskMember"/>
<link:definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="AllRisksMember" xlink:to="MarketDisruptionAndGeopoliticalRiskMember" order="38"/><link:loc xlink:type="locator" xlink:href="#gsof_StructuredFinanceInvestmentsRiskMember" xlink:label="StructuredFinanceInvestmentsRiskMember"/>
<link:definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="AllRisksMember" xlink:to="StructuredFinanceInvestmentsRiskMember" order="39"/><link:loc xlink:type="locator" xlink:href="#gsof_RisksAssociatedWithRiskLinkedSecuritiesMember" xlink:label="RisksAssociatedWithRiskLinkedSecuritiesMember"/>
<link:definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="AllRisksMember" xlink:to="RisksAssociatedWithRiskLinkedSecuritiesMember" order="40"/><link:loc xlink:type="locator" xlink:href="#gsof_RisksAssociatedWithStructuredNotesMember" xlink:label="RisksAssociatedWithStructuredNotesMember"/>
<link:definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="AllRisksMember" xlink:to="RisksAssociatedWithStructuredNotesMember" order="41"/><link:loc xlink:type="locator" xlink:href="#gsof_SeniorLoansRiskMember" xlink:label="SeniorLoansRiskMember"/>
<link:definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="AllRisksMember" xlink:to="SeniorLoansRiskMember" order="42"/><link:loc xlink:type="locator" xlink:href="#gsof_SecondLienLoansRiskMember" xlink:label="SecondLienLoansRiskMember"/>
<link:definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="AllRisksMember" xlink:to="SecondLienLoansRiskMember" order="43"/><link:loc xlink:type="locator" xlink:href="#gsof_SubordinatedSecuredLoansRiskMember" xlink:label="SubordinatedSecuredLoansRiskMember"/>
<link:definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="AllRisksMember" xlink:to="SubordinatedSecuredLoansRiskMember" order="44"/><link:loc xlink:type="locator" xlink:href="#gsof_UnsecuredLoansRiskMember" xlink:label="UnsecuredLoansRiskMember"/>
<link:definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="AllRisksMember" xlink:to="UnsecuredLoansRiskMember" order="45"/><link:loc xlink:type="locator" xlink:href="#gsof_SovereignDebtRiskMember" xlink:label="SovereignDebtRiskMember"/>
<link:definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="AllRisksMember" xlink:to="SovereignDebtRiskMember" order="46"/><link:loc xlink:type="locator" xlink:href="#gsof_UKDepartureFromEUBrexitRiskMember" xlink:label="UKDepartureFromEUBrexitRiskMember"/>
<link:definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="AllRisksMember" xlink:to="UKDepartureFromEUBrexitRiskMember" order="47"/><link:loc xlink:type="locator" xlink:href="#gsof_RisksAssociatedWithTheFundsCoveredCallOptionStrategyAndPutOptionsMember" xlink:label="RisksAssociatedWithTheFundsCoveredCallOptionStrategyAndPutOptionsMember"/>
<link:definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="AllRisksMember" xlink:to="RisksAssociatedWithTheFundsCoveredCallOptionStrategyAndPutOptionsMember" order="48"/><link:loc xlink:type="locator" xlink:href="#gsof_RisksOfRealPropertyAssetCompaniesMember" xlink:label="RisksOfRealPropertyAssetCompaniesMember"/>
<link:definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="AllRisksMember" xlink:to="RisksOfRealPropertyAssetCompaniesMember" order="49"/><link:loc xlink:type="locator" xlink:href="#gsof_RisksOfPersonalPropertyAssetCompaniesMember" xlink:label="RisksOfPersonalPropertyAssetCompaniesMember"/>
<link:definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="AllRisksMember" xlink:to="RisksOfPersonalPropertyAssetCompaniesMember" order="50"/><link:loc xlink:type="locator" xlink:href="#gsof_SyntheticInvestmentsRiskMember" xlink:label="SyntheticInvestmentsRiskMember"/>
<link:definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="AllRisksMember" xlink:to="SyntheticInvestmentsRiskMember" order="51"/><link:loc xlink:type="locator" xlink:href="#gsof_USGovernmentSecuritiesRiskMember" xlink:label="USGovernmentSecuritiesRiskMember"/>
<link:definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="AllRisksMember" xlink:to="USGovernmentSecuritiesRiskMember" order="52"/><link:loc xlink:type="locator" xlink:href="#gsof_WhenIssuedAndDelayedDeliveryTransactionsRiskMember" xlink:label="WhenIssuedAndDelayedDeliveryTransactionsRiskMember"/>
<link:definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="AllRisksMember" xlink:to="WhenIssuedAndDelayedDeliveryTransactionsRiskMember" order="53"/><link:loc xlink:type="locator" xlink:href="#gsof_ShortSalesRiskMember" xlink:label="ShortSalesRiskMember"/>
<link:definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="AllRisksMember" xlink:to="ShortSalesRiskMember" order="54"/><link:loc xlink:type="locator" xlink:href="#gsof_SecuritiesLendingRiskMember" xlink:label="SecuritiesLendingRiskMember"/>
<link:definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="AllRisksMember" xlink:to="SecuritiesLendingRiskMember" order="55"/><link:loc xlink:type="locator" xlink:href="#gsof_RiskOfFailureToQualifyAsARICMember" xlink:label="RiskOfFailureToQualifyAsARICMember"/>
<link:definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="AllRisksMember" xlink:to="RiskOfFailureToQualifyAsARICMember" order="56"/><link:loc xlink:type="locator" xlink:href="#gsof_TechnologyRiskMember" xlink:label="TechnologyRiskMember"/>
<link:definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="AllRisksMember" xlink:to="TechnologyRiskMember" order="57"/>
        </link:definitionLink>
        <link:labelLink xlink:type="extended" xlink:role="http://www.xbrl.org/2003/role/link">
		 <link:loc xlink:type="locator" xlink:href="#gsof_AntiTakeoverProvisionsRiskMember" xlink:label="AntiTakeoverProvisionsRiskMember"/>
<link:label xlink:type="resource" xlink:label="label_AntiTakeoverProvisionsRiskMember" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Anti Takeover Provisions Risk [Member]</link:label>
<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="AntiTakeoverProvisionsRiskMember" xlink:to="label_AntiTakeoverProvisionsRiskMember"/><link:loc xlink:type="locator" xlink:href="#gsof_AssetBackedSecuritiesRiskMember" xlink:label="AssetBackedSecuritiesRiskMember"/>
<link:label xlink:type="resource" xlink:label="label_AssetBackedSecuritiesRiskMember" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Asset Backed Securities Risk [Member]</link:label>
<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="AssetBackedSecuritiesRiskMember" xlink:to="label_AssetBackedSecuritiesRiskMember"/><link:loc xlink:type="locator" xlink:href="#gsof_BelowInvestmentGradeSecuritiesRiskMember" xlink:label="BelowInvestmentGradeSecuritiesRiskMember"/>
<link:label xlink:type="resource" xlink:label="label_BelowInvestmentGradeSecuritiesRiskMember" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Below Investment Grade Securities Risk [Member]</link:label>
<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="BelowInvestmentGradeSecuritiesRiskMember" xlink:to="label_BelowInvestmentGradeSecuritiesRiskMember"/><link:loc xlink:type="locator" xlink:href="#gsof_BorrowingsCommittedFacilityAgreementMember" xlink:label="BorrowingsCommittedFacilityAgreementMember"/>
<link:label xlink:type="resource" xlink:label="label_BorrowingsCommittedFacilityAgreementMember" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Borrowings Committed Facility Agreement [Member]</link:label>
<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="BorrowingsCommittedFacilityAgreementMember" xlink:to="label_BorrowingsCommittedFacilityAgreementMember"/><link:loc xlink:type="locator" xlink:href="#gsof_BorrowingsMember" xlink:label="BorrowingsMember"/>
<link:label xlink:type="resource" xlink:label="label_BorrowingsMember" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Borrowings [Member]</link:label>
<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="BorrowingsMember" xlink:to="label_BorrowingsMember"/><link:loc xlink:type="locator" xlink:href="#gsof_CLOCDOAndCBORiskMember" xlink:label="CLOCDOAndCBORiskMember"/>
<link:label xlink:type="resource" xlink:label="label_CLOCDOAndCBORiskMember" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">CLO CDO and CBO Risk [Member]</link:label>
<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CLOCDOAndCBORiskMember" xlink:to="label_CLOCDOAndCBORiskMember"/><link:loc xlink:type="locator" xlink:href="#gsof_CommonEquitySecuritiesRiskMember" xlink:label="CommonEquitySecuritiesRiskMember"/>
<link:label xlink:type="resource" xlink:label="label_CommonEquitySecuritiesRiskMember" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Common Equity Securities Risk [Member]</link:label>
<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CommonEquitySecuritiesRiskMember" xlink:to="label_CommonEquitySecuritiesRiskMember"/><link:loc xlink:type="locator" xlink:href="#gsof_CommonSharesMember" xlink:label="CommonSharesMember"/>
<link:label xlink:type="resource" xlink:label="label_CommonSharesMember" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Common Shares [Member]</link:label>
<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CommonSharesMember" xlink:to="label_CommonSharesMember"/><link:loc xlink:type="locator" xlink:href="#gsof_ConflictsOfInterestRiskMember" xlink:label="ConflictsOfInterestRiskMember"/>
<link:label xlink:type="resource" xlink:label="label_ConflictsOfInterestRiskMember" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Conflicts of Interest Risk [Member]</link:label>
<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ConflictsOfInterestRiskMember" xlink:to="label_ConflictsOfInterestRiskMember"/><link:loc xlink:type="locator" xlink:href="#gsof_ConvertibleSecuritiesRiskMember" xlink:label="ConvertibleSecuritiesRiskMember"/>
<link:label xlink:type="resource" xlink:label="label_ConvertibleSecuritiesRiskMember" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Convertible Securities Risk [Member]</link:label>
<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ConvertibleSecuritiesRiskMember" xlink:to="label_ConvertibleSecuritiesRiskMember"/><link:loc xlink:type="locator" xlink:href="#gsof_CyberSecurityMarketDisruptionsAndOperationalRiskMember" xlink:label="CyberSecurityMarketDisruptionsAndOperationalRiskMember"/>
<link:label xlink:type="resource" xlink:label="label_CyberSecurityMarketDisruptionsAndOperationalRiskMember" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Cyber Security Market Disruptions and Operational Risk [Member]</link:label>
<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CyberSecurityMarketDisruptionsAndOperationalRiskMember" xlink:to="label_CyberSecurityMarketDisruptionsAndOperationalRiskMember"/><link:loc xlink:type="locator" xlink:href="#gsof_DerivativesTransactionsRiskMember" xlink:label="DerivativesTransactionsRiskMember"/>
<link:label xlink:type="resource" xlink:label="label_DerivativesTransactionsRiskMember" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Derivatives Transactions Risk [Member]</link:label>
<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DerivativesTransactionsRiskMember" xlink:to="label_DerivativesTransactionsRiskMember"/><link:loc xlink:type="locator" xlink:href="#gsof_DilutionRiskMember" xlink:label="DilutionRiskMember"/>
<link:label xlink:type="resource" xlink:label="label_DilutionRiskMember" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Dilution Risk [Member]</link:label>
<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DilutionRiskMember" xlink:to="label_DilutionRiskMember"/><link:loc xlink:type="locator" xlink:href="#gsof_DistressedAndDefaultedSecuritiesRiskMember" xlink:label="DistressedAndDefaultedSecuritiesRiskMember"/>
<link:label xlink:type="resource" xlink:label="label_DistressedAndDefaultedSecuritiesRiskMember" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Distressed and Defaulted Securities Risk [Member]</link:label>
<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DistressedAndDefaultedSecuritiesRiskMember" xlink:to="label_DistressedAndDefaultedSecuritiesRiskMember"/><link:loc xlink:type="locator" xlink:href="#gsof_NotACompleteInvestmentProgramMember" xlink:label="NotACompleteInvestmentProgramMember"/>
<link:label xlink:type="resource" xlink:label="label_NotACompleteInvestmentProgramMember" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Not a Complete Investment Program [Member]</link:label>
<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="NotACompleteInvestmentProgramMember" xlink:to="label_NotACompleteInvestmentProgramMember"/><link:loc xlink:type="locator" xlink:href="#gsof_InvestmentAndMarketRiskMember" xlink:label="InvestmentAndMarketRiskMember"/>
<link:label xlink:type="resource" xlink:label="label_InvestmentAndMarketRiskMember" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Investment and Market Risk [Member]</link:label>
<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="InvestmentAndMarketRiskMember" xlink:to="label_InvestmentAndMarketRiskMember"/><link:loc xlink:type="locator" xlink:href="#gsof_ManagementRiskMember" xlink:label="ManagementRiskMember"/>
<link:label xlink:type="resource" xlink:label="label_ManagementRiskMember" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Management Risk [Member]</link:label>
<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ManagementRiskMember" xlink:to="label_ManagementRiskMember"/><link:loc xlink:type="locator" xlink:href="#gsof_IncomeRiskMember" xlink:label="IncomeRiskMember"/>
<link:label xlink:type="resource" xlink:label="label_IncomeRiskMember" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Income Risk [Member]</link:label>
<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="IncomeRiskMember" xlink:to="label_IncomeRiskMember"/><link:loc xlink:type="locator" xlink:href="#gsof_DividendRiskMember" xlink:label="DividendRiskMember"/>
<link:label xlink:type="resource" xlink:label="label_DividendRiskMember" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Dividend Risk [Member]</link:label>
<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DividendRiskMember" xlink:to="label_DividendRiskMember"/><link:loc xlink:type="locator" xlink:href="#gsof_IncomeSecuritiesRiskMember" xlink:label="IncomeSecuritiesRiskMember"/>
<link:label xlink:type="resource" xlink:label="label_IncomeSecuritiesRiskMember" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Income Securities Risk [Member]</link:label>
<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="IncomeSecuritiesRiskMember" xlink:to="label_IncomeSecuritiesRiskMember"/><link:loc xlink:type="locator" xlink:href="#gsof_MortgageBackedSecuritiesRiskMember" xlink:label="MortgageBackedSecuritiesRiskMember"/>
<link:label xlink:type="resource" xlink:label="label_MortgageBackedSecuritiesRiskMember" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Mortgage Backed Securities Risk [Member]</link:label>
<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="MortgageBackedSecuritiesRiskMember" xlink:to="label_MortgageBackedSecuritiesRiskMember"/><link:loc xlink:type="locator" xlink:href="#gsof_LoansAndLoanParticipationsAndAssignmentsRiskMember" xlink:label="LoansAndLoanParticipationsAndAssignmentsRiskMember"/>
<link:label xlink:type="resource" xlink:label="label_LoansAndLoanParticipationsAndAssignmentsRiskMember" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Loans and Loan Participations and Assignments Risk [Member]</link:label>
<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="LoansAndLoanParticipationsAndAssignmentsRiskMember" xlink:to="label_LoansAndLoanParticipationsAndAssignmentsRiskMember"/><link:loc xlink:type="locator" xlink:href="#gsof_MezzanineInvestmentsRiskMember" xlink:label="MezzanineInvestmentsRiskMember"/>
<link:label xlink:type="resource" xlink:label="label_MezzanineInvestmentsRiskMember" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Mezzanine Investments Risk [Member]</link:label>
<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="MezzanineInvestmentsRiskMember" xlink:to="label_MezzanineInvestmentsRiskMember"/><link:loc xlink:type="locator" xlink:href="#gsof_PreferredStockRiskMember" xlink:label="PreferredStockRiskMember"/>
<link:label xlink:type="resource" xlink:label="label_PreferredStockRiskMember" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Preferred Stock Risk [Member]</link:label>
<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="PreferredStockRiskMember" xlink:to="label_PreferredStockRiskMember"/><link:loc xlink:type="locator" xlink:href="#gsof_ForeignSecuritiesRiskMember" xlink:label="ForeignSecuritiesRiskMember"/>
<link:label xlink:type="resource" xlink:label="label_ForeignSecuritiesRiskMember" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Foreign Securities Risk[Member]</link:label>
<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ForeignSecuritiesRiskMember" xlink:to="label_ForeignSecuritiesRiskMember"/><link:loc xlink:type="locator" xlink:href="#gsof_EmergingMarketsRiskMember" xlink:label="EmergingMarketsRiskMember"/>
<link:label xlink:type="resource" xlink:label="label_EmergingMarketsRiskMember" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Emerging Markets Risk [Member]</link:label>
<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="EmergingMarketsRiskMember" xlink:to="label_EmergingMarketsRiskMember"/><link:loc xlink:type="locator" xlink:href="#gsof_ForeignCurrencyRiskMember" xlink:label="ForeignCurrencyRiskMember"/>
<link:label xlink:type="resource" xlink:label="label_ForeignCurrencyRiskMember" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Foreign Currency Risk [Member]</link:label>
<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ForeignCurrencyRiskMember" xlink:to="label_ForeignCurrencyRiskMember"/><link:loc xlink:type="locator" xlink:href="#gsof_RedenominationRiskMember" xlink:label="RedenominationRiskMember"/>
<link:label xlink:type="resource" xlink:label="label_RedenominationRiskMember" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Redenomination Risk [Member]</link:label>
<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="RedenominationRiskMember" xlink:to="label_RedenominationRiskMember"/><link:loc xlink:type="locator" xlink:href="#gsof_PrivateSecuritiesRiskMember" xlink:label="PrivateSecuritiesRiskMember"/>
<link:label xlink:type="resource" xlink:label="label_PrivateSecuritiesRiskMember" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Private Securities Risk [Member]</link:label>
<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="PrivateSecuritiesRiskMember" xlink:to="label_PrivateSecuritiesRiskMember"/><link:loc xlink:type="locator" xlink:href="#gsof_InvestmentFundsRiskMember" xlink:label="InvestmentFundsRiskMember"/>
<link:label xlink:type="resource" xlink:label="label_InvestmentFundsRiskMember" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Investment Funds Risk [Member]</link:label>
<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="InvestmentFundsRiskMember" xlink:to="label_InvestmentFundsRiskMember"/><link:loc xlink:type="locator" xlink:href="#gsof_InflationDeflationRiskMember" xlink:label="InflationDeflationRiskMember"/>
<link:label xlink:type="resource" xlink:label="label_InflationDeflationRiskMember" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Inflation Deflation Risk [Member]</link:label>
<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="InflationDeflationRiskMember" xlink:to="label_InflationDeflationRiskMember"/><link:loc xlink:type="locator" xlink:href="#gsof_MarketDiscountRiskMember" xlink:label="MarketDiscountRiskMember"/>
<link:label xlink:type="resource" xlink:label="label_MarketDiscountRiskMember" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Market Discount Risk [Member]</link:label>
<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="MarketDiscountRiskMember" xlink:to="label_MarketDiscountRiskMember"/><link:loc xlink:type="locator" xlink:href="#gsof_FinancialLeverageAndLeveragedTransactionsRiskMember" xlink:label="FinancialLeverageAndLeveragedTransactionsRiskMember"/>
<link:label xlink:type="resource" xlink:label="label_FinancialLeverageAndLeveragedTransactionsRiskMember" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Financial Leverage and Leveraged Transactions Risk [Member]</link:label>
<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="FinancialLeverageAndLeveragedTransactionsRiskMember" xlink:to="label_FinancialLeverageAndLeveragedTransactionsRiskMember"/><link:loc xlink:type="locator" xlink:href="#gsof_PortfolioTurnoverRiskMember" xlink:label="PortfolioTurnoverRiskMember"/>
<link:label xlink:type="resource" xlink:label="label_PortfolioTurnoverRiskMember" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Portfolio Turnover Risk [Member]</link:label>
<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="PortfolioTurnoverRiskMember" xlink:to="label_PortfolioTurnoverRiskMember"/><link:loc xlink:type="locator" xlink:href="#gsof_LegislationAndRegulationRiskMember" xlink:label="LegislationAndRegulationRiskMember"/>
<link:label xlink:type="resource" xlink:label="label_LegislationAndRegulationRiskMember" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Legislation and Regulation Risk [Member]</link:label>
<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="LegislationAndRegulationRiskMember" xlink:to="label_LegislationAndRegulationRiskMember"/><link:loc xlink:type="locator" xlink:href="#gsof_LIBORReplacementRiskMember" xlink:label="LIBORReplacementRiskMember"/>
<link:label xlink:type="resource" xlink:label="label_LIBORReplacementRiskMember" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">LIBOR Replacement Risk [Member]</link:label>
<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="LIBORReplacementRiskMember" xlink:to="label_LIBORReplacementRiskMember"/><link:loc xlink:type="locator" xlink:href="#gsof_RecentMarketDevelopmentsRiskMember" xlink:label="RecentMarketDevelopmentsRiskMember"/>
<link:label xlink:type="resource" xlink:label="label_RecentMarketDevelopmentsRiskMember" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Recent Market Developments Risk [Member]</link:label>
<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="RecentMarketDevelopmentsRiskMember" xlink:to="label_RecentMarketDevelopmentsRiskMember"/><link:loc xlink:type="locator" xlink:href="#gsof_IncreasingGovernmentAndOtherPublicDebtRiskMember" xlink:label="IncreasingGovernmentAndOtherPublicDebtRiskMember"/>
<link:label xlink:type="resource" xlink:label="label_IncreasingGovernmentAndOtherPublicDebtRiskMember" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Increasing Government and other Public Debt Risk [Member]</link:label>
<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="IncreasingGovernmentAndOtherPublicDebtRiskMember" xlink:to="label_IncreasingGovernmentAndOtherPublicDebtRiskMember"/><link:loc xlink:type="locator" xlink:href="#gsof_MunicipalSecuritiesRiskMember" xlink:label="MunicipalSecuritiesRiskMember"/>
<link:label xlink:type="resource" xlink:label="label_MunicipalSecuritiesRiskMember" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Municipal Securities Risk [Member]</link:label>
<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="MunicipalSecuritiesRiskMember" xlink:to="label_MunicipalSecuritiesRiskMember"/><link:loc xlink:type="locator" xlink:href="#gsof_RepurchaseAgreementRiskMember" xlink:label="RepurchaseAgreementRiskMember"/>
<link:label xlink:type="resource" xlink:label="label_RepurchaseAgreementRiskMember" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Repurchase Agreement Risk [Member]</link:label>
<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="RepurchaseAgreementRiskMember" xlink:to="label_RepurchaseAgreementRiskMember"/><link:loc xlink:type="locator" xlink:href="#gsof_MarketDisruptionAndGeopoliticalRiskMember" xlink:label="MarketDisruptionAndGeopoliticalRiskMember"/>
<link:label xlink:type="resource" xlink:label="label_MarketDisruptionAndGeopoliticalRiskMember" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Market Disruption and Geopolitical Risk [Member]</link:label>
<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="MarketDisruptionAndGeopoliticalRiskMember" xlink:to="label_MarketDisruptionAndGeopoliticalRiskMember"/><link:loc xlink:type="locator" xlink:href="#gsof_PreferredSharesMember" xlink:label="PreferredSharesMember"/>
<link:label xlink:type="resource" xlink:label="label_PreferredSharesMember" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Preferred Shares [Member]</link:label>
<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="PreferredSharesMember" xlink:to="label_PreferredSharesMember"/><link:loc xlink:type="locator" xlink:href="#gsof_StructuredFinanceInvestmentsRiskMember" xlink:label="StructuredFinanceInvestmentsRiskMember"/>
<link:label xlink:type="resource" xlink:label="label_StructuredFinanceInvestmentsRiskMember" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Structured Finance Investments Risk [Member]</link:label>
<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="StructuredFinanceInvestmentsRiskMember" xlink:to="label_StructuredFinanceInvestmentsRiskMember"/><link:loc xlink:type="locator" xlink:href="#gsof_RisksAssociatedWithRiskLinkedSecuritiesMember" xlink:label="RisksAssociatedWithRiskLinkedSecuritiesMember"/>
<link:label xlink:type="resource" xlink:label="label_RisksAssociatedWithRiskLinkedSecuritiesMember" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Risks Associated with Risk Linked Securities [Member]</link:label>
<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="RisksAssociatedWithRiskLinkedSecuritiesMember" xlink:to="label_RisksAssociatedWithRiskLinkedSecuritiesMember"/><link:loc xlink:type="locator" xlink:href="#gsof_RisksAssociatedWithStructuredNotesMember" xlink:label="RisksAssociatedWithStructuredNotesMember"/>
<link:label xlink:type="resource" xlink:label="label_RisksAssociatedWithStructuredNotesMember" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Risks Associated with Structured Notes [Member]</link:label>
<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="RisksAssociatedWithStructuredNotesMember" xlink:to="label_RisksAssociatedWithStructuredNotesMember"/><link:loc xlink:type="locator" xlink:href="#gsof_SeniorLoansRiskMember" xlink:label="SeniorLoansRiskMember"/>
<link:label xlink:type="resource" xlink:label="label_SeniorLoansRiskMember" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Senior Loans Risk [Member]</link:label>
<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="SeniorLoansRiskMember" xlink:to="label_SeniorLoansRiskMember"/><link:loc xlink:type="locator" xlink:href="#gsof_SecondLienLoansRiskMember" xlink:label="SecondLienLoansRiskMember"/>
<link:label xlink:type="resource" xlink:label="label_SecondLienLoansRiskMember" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Second Lien Loans Risk [Member]</link:label>
<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="SecondLienLoansRiskMember" xlink:to="label_SecondLienLoansRiskMember"/><link:loc xlink:type="locator" xlink:href="#gsof_SubordinatedSecuredLoansRiskMember" xlink:label="SubordinatedSecuredLoansRiskMember"/>
<link:label xlink:type="resource" xlink:label="label_SubordinatedSecuredLoansRiskMember" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Subordinated Secured Loans Risk [Member]</link:label>
<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="SubordinatedSecuredLoansRiskMember" xlink:to="label_SubordinatedSecuredLoansRiskMember"/><link:loc xlink:type="locator" xlink:href="#gsof_UnsecuredLoansRiskMember" xlink:label="UnsecuredLoansRiskMember"/>
<link:label xlink:type="resource" xlink:label="label_UnsecuredLoansRiskMember" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Unsecured Loans Risk [Member]</link:label>
<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="UnsecuredLoansRiskMember" xlink:to="label_UnsecuredLoansRiskMember"/><link:loc xlink:type="locator" xlink:href="#gsof_SovereignDebtRiskMember" xlink:label="SovereignDebtRiskMember"/>
<link:label xlink:type="resource" xlink:label="label_SovereignDebtRiskMember" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Sovereign Debt Risk [Member]</link:label>
<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="SovereignDebtRiskMember" xlink:to="label_SovereignDebtRiskMember"/><link:loc xlink:type="locator" xlink:href="#gsof_UKDepartureFromEUBrexitRiskMember" xlink:label="UKDepartureFromEUBrexitRiskMember"/>
<link:label xlink:type="resource" xlink:label="label_UKDepartureFromEUBrexitRiskMember" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">UK Departure from EU Brexit Risk [Member]</link:label>
<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="UKDepartureFromEUBrexitRiskMember" xlink:to="label_UKDepartureFromEUBrexitRiskMember"/><link:loc xlink:type="locator" xlink:href="#gsof_RisksAssociatedWithTheFundsCoveredCallOptionStrategyAndPutOptionsMember" xlink:label="RisksAssociatedWithTheFundsCoveredCallOptionStrategyAndPutOptionsMember"/>
<link:label xlink:type="resource" xlink:label="label_RisksAssociatedWithTheFundsCoveredCallOptionStrategyAndPutOptionsMember" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Risks Associated with the Funds Covered Call Option Strategy and Put Options [Member]</link:label>
<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="RisksAssociatedWithTheFundsCoveredCallOptionStrategyAndPutOptionsMember" xlink:to="label_RisksAssociatedWithTheFundsCoveredCallOptionStrategyAndPutOptionsMember"/><link:loc xlink:type="locator" xlink:href="#gsof_RisksOfRealPropertyAssetCompaniesMember" xlink:label="RisksOfRealPropertyAssetCompaniesMember"/>
<link:label xlink:type="resource" xlink:label="label_RisksOfRealPropertyAssetCompaniesMember" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Risks of Real Property Asset Companies [Member]</link:label>
<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="RisksOfRealPropertyAssetCompaniesMember" xlink:to="label_RisksOfRealPropertyAssetCompaniesMember"/><link:loc xlink:type="locator" xlink:href="#gsof_RisksOfPersonalPropertyAssetCompaniesMember" xlink:label="RisksOfPersonalPropertyAssetCompaniesMember"/>
<link:label xlink:type="resource" xlink:label="label_RisksOfPersonalPropertyAssetCompaniesMember" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Risks of Personal Property Asset Companies [Member]</link:label>
<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="RisksOfPersonalPropertyAssetCompaniesMember" xlink:to="label_RisksOfPersonalPropertyAssetCompaniesMember"/><link:loc xlink:type="locator" xlink:href="#gsof_SyntheticInvestmentsRiskMember" xlink:label="SyntheticInvestmentsRiskMember"/>
<link:label xlink:type="resource" xlink:label="label_SyntheticInvestmentsRiskMember" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Synthetic Investments Risk [Member]</link:label>
<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="SyntheticInvestmentsRiskMember" xlink:to="label_SyntheticInvestmentsRiskMember"/><link:loc xlink:type="locator" xlink:href="#gsof_USGovernmentSecuritiesRiskMember" xlink:label="USGovernmentSecuritiesRiskMember"/>
<link:label xlink:type="resource" xlink:label="label_USGovernmentSecuritiesRiskMember" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">US Government Securities Risk [Member]</link:label>
<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="USGovernmentSecuritiesRiskMember" xlink:to="label_USGovernmentSecuritiesRiskMember"/><link:loc xlink:type="locator" xlink:href="#gsof_WhenIssuedAndDelayedDeliveryTransactionsRiskMember" xlink:label="WhenIssuedAndDelayedDeliveryTransactionsRiskMember"/>
<link:label xlink:type="resource" xlink:label="label_WhenIssuedAndDelayedDeliveryTransactionsRiskMember" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">When Issued and Delayed Delivery Transactions Risk [Member]</link:label>
<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="WhenIssuedAndDelayedDeliveryTransactionsRiskMember" xlink:to="label_WhenIssuedAndDelayedDeliveryTransactionsRiskMember"/><link:loc xlink:type="locator" xlink:href="#gsof_ShortSalesRiskMember" xlink:label="ShortSalesRiskMember"/>
<link:label xlink:type="resource" xlink:label="label_ShortSalesRiskMember" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Short Sales Risk [Member]</link:label>
<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ShortSalesRiskMember" xlink:to="label_ShortSalesRiskMember"/><link:loc xlink:type="locator" xlink:href="#gsof_SecuritiesLendingRiskMember" xlink:label="SecuritiesLendingRiskMember"/>
<link:label xlink:type="resource" xlink:label="label_SecuritiesLendingRiskMember" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Securities Lending Risk [Member]</link:label>
<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="SecuritiesLendingRiskMember" xlink:to="label_SecuritiesLendingRiskMember"/><link:loc xlink:type="locator" xlink:href="#gsof_RiskOfFailureToQualifyAsARICMember" xlink:label="RiskOfFailureToQualifyAsARICMember"/>
<link:label xlink:type="resource" xlink:label="label_RiskOfFailureToQualifyAsARICMember" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Risk of Failure to Qualify as a RIC [Member]</link:label>
<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="RiskOfFailureToQualifyAsARICMember" xlink:to="label_RiskOfFailureToQualifyAsARICMember"/><link:loc xlink:type="locator" xlink:href="#gsof_TechnologyRiskMember" xlink:label="TechnologyRiskMember"/>
<link:label xlink:type="resource" xlink:label="label_TechnologyRiskMember" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Technology Risk [Member]</link:label>
<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="TechnologyRiskMember" xlink:to="label_TechnologyRiskMember"/><link:loc xlink:type="locator" xlink:href="#gsof_ReverseRepurchaseAgreementsMember" xlink:label="ReverseRepurchaseAgreementsMember"/>
<link:label xlink:type="resource" xlink:label="label_ReverseRepurchaseAgreementsMember" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Reverse Repurchase Agreements [Member]</link:label>
<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ReverseRepurchaseAgreementsMember" xlink:to="label_ReverseRepurchaseAgreementsMember"/>
		</link:labelLink>
      </link:linkbase>
    </appinfo>
  </annotation>
  <import namespace="http://www.xbrl.org/2003/instance" schemaLocation="http://www.xbrl.org/2003/xbrl-instance-2003-12-31.xsd"/>
  <import namespace="http://www.xbrl.org/2003/linkbase" schemaLocation="http://www.xbrl.org/2003/xbrl-linkbase-2003-12-31.xsd"/>
  <import namespace="http://xbrl.org/2005/xbrldt" schemaLocation="http://www.xbrl.org/2005/xbrldt-2005.xsd"/>
  <import namespace="http://xbrl.sec.gov/dei/2022" schemaLocation="https://xbrl.sec.gov/dei/2022/dei-2022.xsd"/>
  <import namespace="http://www.xbrl.org/dtr/type/2020-01-21" schemaLocation="https://www.xbrl.org/dtr/type/2020-01-21/types.xsd"/>
  <import namespace="http://xbrl.sec.gov/cef/2022" schemaLocation="https://xbrl.sec.gov/cef/2022/cef-2022.xsd"/>
  <element name="AntiTakeoverProvisionsRiskMember" id="gsof_AntiTakeoverProvisionsRiskMember" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration"/>
<element name="AssetBackedSecuritiesRiskMember" id="gsof_AssetBackedSecuritiesRiskMember" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration"/>
<element name="BelowInvestmentGradeSecuritiesRiskMember" id="gsof_BelowInvestmentGradeSecuritiesRiskMember" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration"/>
<element name="BorrowingsCommittedFacilityAgreementMember" id="gsof_BorrowingsCommittedFacilityAgreementMember" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration"/>
<element name="BorrowingsMember" id="gsof_BorrowingsMember" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration"/>
<element name="CLOCDOAndCBORiskMember" id="gsof_CLOCDOAndCBORiskMember" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration"/>
<element name="CommonEquitySecuritiesRiskMember" id="gsof_CommonEquitySecuritiesRiskMember" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration"/>
<element name="CommonSharesMember" id="gsof_CommonSharesMember" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration"/>
<element name="ConflictsOfInterestRiskMember" id="gsof_ConflictsOfInterestRiskMember" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration"/>
<element name="ConvertibleSecuritiesRiskMember" id="gsof_ConvertibleSecuritiesRiskMember" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration"/>
<element name="CyberSecurityMarketDisruptionsAndOperationalRiskMember" id="gsof_CyberSecurityMarketDisruptionsAndOperationalRiskMember" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration"/>
<element name="DerivativesTransactionsRiskMember" id="gsof_DerivativesTransactionsRiskMember" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration"/>
<element name="DilutionRiskMember" id="gsof_DilutionRiskMember" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration"/>
<element name="DistressedAndDefaultedSecuritiesRiskMember" id="gsof_DistressedAndDefaultedSecuritiesRiskMember" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration"/>
<element name="NotACompleteInvestmentProgramMember" id="gsof_NotACompleteInvestmentProgramMember" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration"/>
<element name="InvestmentAndMarketRiskMember" id="gsof_InvestmentAndMarketRiskMember" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration"/>
<element name="ManagementRiskMember" id="gsof_ManagementRiskMember" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration"/>
<element name="IncomeRiskMember" id="gsof_IncomeRiskMember" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration"/>
<element name="DividendRiskMember" id="gsof_DividendRiskMember" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration"/>
<element name="IncomeSecuritiesRiskMember" id="gsof_IncomeSecuritiesRiskMember" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration"/>
<element name="MortgageBackedSecuritiesRiskMember" id="gsof_MortgageBackedSecuritiesRiskMember" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration"/>
<element name="LoansAndLoanParticipationsAndAssignmentsRiskMember" id="gsof_LoansAndLoanParticipationsAndAssignmentsRiskMember" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration"/>
<element name="MezzanineInvestmentsRiskMember" id="gsof_MezzanineInvestmentsRiskMember" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration"/>
<element name="PreferredStockRiskMember" id="gsof_PreferredStockRiskMember" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration"/>
<element name="ForeignSecuritiesRiskMember" id="gsof_ForeignSecuritiesRiskMember" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration"/>
<element name="EmergingMarketsRiskMember" id="gsof_EmergingMarketsRiskMember" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration"/>
<element name="ForeignCurrencyRiskMember" id="gsof_ForeignCurrencyRiskMember" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration"/>
<element name="RedenominationRiskMember" id="gsof_RedenominationRiskMember" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration"/>
<element name="PrivateSecuritiesRiskMember" id="gsof_PrivateSecuritiesRiskMember" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration"/>
<element name="InvestmentFundsRiskMember" id="gsof_InvestmentFundsRiskMember" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration"/>
<element name="InflationDeflationRiskMember" id="gsof_InflationDeflationRiskMember" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration"/>
<element name="MarketDiscountRiskMember" id="gsof_MarketDiscountRiskMember" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration"/>
<element name="FinancialLeverageAndLeveragedTransactionsRiskMember" id="gsof_FinancialLeverageAndLeveragedTransactionsRiskMember" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration"/>
<element name="PortfolioTurnoverRiskMember" id="gsof_PortfolioTurnoverRiskMember" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration"/>
<element name="LegislationAndRegulationRiskMember" id="gsof_LegislationAndRegulationRiskMember" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration"/>
<element name="LIBORReplacementRiskMember" id="gsof_LIBORReplacementRiskMember" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration"/>
<element name="RecentMarketDevelopmentsRiskMember" id="gsof_RecentMarketDevelopmentsRiskMember" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration"/>
<element name="IncreasingGovernmentAndOtherPublicDebtRiskMember" id="gsof_IncreasingGovernmentAndOtherPublicDebtRiskMember" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration"/>
<element name="MunicipalSecuritiesRiskMember" id="gsof_MunicipalSecuritiesRiskMember" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration"/>
<element name="RepurchaseAgreementRiskMember" id="gsof_RepurchaseAgreementRiskMember" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration"/>
<element name="MarketDisruptionAndGeopoliticalRiskMember" id="gsof_MarketDisruptionAndGeopoliticalRiskMember" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration"/>
<element name="PreferredSharesMember" id="gsof_PreferredSharesMember" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration"/>
<element name="StructuredFinanceInvestmentsRiskMember" id="gsof_StructuredFinanceInvestmentsRiskMember" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration"/>
<element name="RisksAssociatedWithRiskLinkedSecuritiesMember" id="gsof_RisksAssociatedWithRiskLinkedSecuritiesMember" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration"/>
<element name="RisksAssociatedWithStructuredNotesMember" id="gsof_RisksAssociatedWithStructuredNotesMember" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration"/>
<element name="SeniorLoansRiskMember" id="gsof_SeniorLoansRiskMember" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration"/>
<element name="SecondLienLoansRiskMember" id="gsof_SecondLienLoansRiskMember" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration"/>
<element name="SubordinatedSecuredLoansRiskMember" id="gsof_SubordinatedSecuredLoansRiskMember" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration"/>
<element name="UnsecuredLoansRiskMember" id="gsof_UnsecuredLoansRiskMember" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration"/>
<element name="SovereignDebtRiskMember" id="gsof_SovereignDebtRiskMember" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration"/>
<element name="UKDepartureFromEUBrexitRiskMember" id="gsof_UKDepartureFromEUBrexitRiskMember" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration"/>
<element name="RisksAssociatedWithTheFundsCoveredCallOptionStrategyAndPutOptionsMember" id="gsof_RisksAssociatedWithTheFundsCoveredCallOptionStrategyAndPutOptionsMember" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration"/>
<element name="RisksOfRealPropertyAssetCompaniesMember" id="gsof_RisksOfRealPropertyAssetCompaniesMember" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration"/>
<element name="RisksOfPersonalPropertyAssetCompaniesMember" id="gsof_RisksOfPersonalPropertyAssetCompaniesMember" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration"/>
<element name="SyntheticInvestmentsRiskMember" id="gsof_SyntheticInvestmentsRiskMember" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration"/>
<element name="USGovernmentSecuritiesRiskMember" id="gsof_USGovernmentSecuritiesRiskMember" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration"/>
<element name="WhenIssuedAndDelayedDeliveryTransactionsRiskMember" id="gsof_WhenIssuedAndDelayedDeliveryTransactionsRiskMember" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration"/>
<element name="ShortSalesRiskMember" id="gsof_ShortSalesRiskMember" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration"/>
<element name="SecuritiesLendingRiskMember" id="gsof_SecuritiesLendingRiskMember" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration"/>
<element name="RiskOfFailureToQualifyAsARICMember" id="gsof_RiskOfFailureToQualifyAsARICMember" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration"/>
<element name="TechnologyRiskMember" id="gsof_TechnologyRiskMember" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration"/>
<element name="ReverseRepurchaseAgreementsMember" id="gsof_ReverseRepurchaseAgreementsMember" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration"/>

</schema>
<!--
Create a text file having key=value pair
https://stackoverflow.com/questions/34176331/how-can-i-read-a-text-file-key-value-and-assign-the-values-to-strings-vars
-->
</XBRL>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>3
<FILENAME>g457076g1cantor_logo.jpg
<DESCRIPTION>GRAPHIC
<TEXT>
begin 644 g457076g1cantor_logo.jpg
M_]C_X  02D9)1@ ! 0$ 9 !D  #_X@H@24-#7U!23T9)3$4  0$   H0
M  (0  !M;G1R4D="(%A96B                !A8W-P05!03
M                        ]M4  0    #3+
M                                              ID97-C    _
M 'QC<')T   !>    "AW='!T   !H    !1B:W!T   !M    !1R6%E:   !
MR    !1G6%E:   !W    !1B6%E:   !\    !1R5%)#   "!   " QG5%)#
M   "!   " QB5%)#   "!   " QD97-C         ")!<G1I9F5X(%-O9G1W
M87)E('-21T(@24-#(%!R;V9I;&4              ")!<G1I9F5X(%-O9G1W
M87)E('-21T(@24-#(%!R;V9I;&4
M            =&5X=     !#;W!Y<FEG:'0@07)T:69E>"!3;V9T=V%R92 R
M,#$Q %A96B        #S40 !     1;,6%E:(                     !8
M65H@        ;Z(  #CU   #D%A96B        !BF0  MX4  !C:6%E:(
M     "2@   /A   ML]C=7)V        !      %  H #P 4 !D '@ C "@
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M,C(R,C(R,O_  !$( !T DP,!(@ "$0$#$0'_Q  ?   !!0$! 0$! 0
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M=W5CJM_:VC/B"*&X>-0@X!P".3U/UKT+X.Z]?:I#JMMJ%]<74D31R1M/*TA
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MI=6$ZE9;>5HVS['K_6O8;3XR:3#H$7FVETVHQQ!3$%&QG QG=GI^&:ZCQ5X
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H_0UG1=DHH] T\R'3;4S,6E\E-Y)R2<#-%6%!"@$Y(')]:*XF=1__V0$!

end
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>4
<FILENAME>g457076g1guggenheim_logo2.jpg
<DESCRIPTION>GRAPHIC
<TEXT>
begin 644 g457076g1guggenheim_logo2.jpg
M_]C_X  02D9)1@ ! 0$ 9 !D  #_X@H@24-#7U!23T9)3$4  0$   H0
M  (0  !M;G1R4D="(%A96B                !A8W-P05!03
M                        ]M4  0    #3+
M                                              ID97-C    _
M 'QC<')T   !>    "AW='!T   !H    !1B:W!T   !M    !1R6%E:   !
MR    !1G6%E:   !W    !1B6%E:   !\    !1R5%)#   "!   " QG5%)#
M   "!   " QB5%)#   "!   " QD97-C         ")!<G1I9F5X(%-O9G1W
M87)E('-21T(@24-#(%!R;V9I;&4              ")!<G1I9F5X(%-O9G1W
M87)E('-21T(@24-#(%!R;V9I;&4
M            =&5X=     !#;W!Y<FEG:'0@07)T:69E>"!3;V9T=V%R92 R
M,#$Q %A96B        #S40 !     1;,6%E:(                     !8
M65H@        ;Z(  #CU   #D%A96B        !BF0  MX4  !C:6%E:(
M     "2@   /A   ML]C=7)V        !      %  H #P 4 !D '@ C "@
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M,C(R,C(R,O_  !$( "0!,0,!(@ "$0$#$0'_Q  ?   !!0$! 0$! 0
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M1@FKGL__  E7A[_H/:7_ .!D?^-6K+6-,U)V2QU&SNG4998)U<@>I ->:?\
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M=PC/D=1@'-:%?.7@N:*W^+<<DTB1H)Y\L[  ?*W<U[\-;TK'_(3L_P#O^O\
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@. #ZTX\D#_/:BB@!%/S$>G_UZ<!E@:** 'T444 ?_]D!

end
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>5
<FILENAME>g457076g2guggenheim_logo2.jpg
<DESCRIPTION>GRAPHIC
<TEXT>
begin 644 g457076g2guggenheim_logo2.jpg
M_]C_X  02D9)1@ ! 0$ 9 !D  #_X@H@24-#7U!23T9)3$4  0$   H0
M  (0  !M;G1R4D="(%A96B                !A8W-P05!03
M                        ]M4  0    #3+
M                                              ID97-C    _
M 'QC<')T   !>    "AW='!T   !H    !1B:W!T   !M    !1R6%E:   !
MR    !1G6%E:   !W    !1B6%E:   !\    !1R5%)#   "!   " QG5%)#
M   "!   " QB5%)#   "!   " QD97-C         ")!<G1I9F5X(%-O9G1W
M87)E('-21T(@24-#(%!R;V9I;&4              ")!<G1I9F5X(%-O9G1W
M87)E('-21T(@24-#(%!R;V9I;&4
M            =&5X=     !#;W!Y<FEG:'0@07)T:69E>"!3;V9T=V%R92 R
M,#$Q %A96B        #S40 !     1;,6%E:(                     !8
M65H@        ;Z(  #CU   #D%A96B        !BF0  MX4  !C:6%E:(
M     "2@   /A   ML]C=7)V        !      %  H #P 4 !D '@ C "@
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M,C(R,C(R,O_  !$( "0!,0,!(@ "$0$#$0'_Q  ?   !!0$! 0$! 0
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M1@FKGL__  E7A[_H/:7_ .!D?^-6K+6-,U)V2QU&SNG4998)U<@>I ->:?\
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M=PC/D=1@'-:%?.7@N:*W^+<<DTB1H)Y\L[  ?*W<U[\-;TK'_(3L_P#O^O\
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@. #ZTX\D#_/:BB@!%/S$>G_UZ<!E@:** 'T444 ?_]D!

end
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>6
<FILENAME>R1.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
<head>
<title></title>
<link rel="stylesheet" type="text/css" href="include/report.css">
<script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
							function toggleNextSibling (e) {
							if (e.nextSibling.style.display=='none') {
							e.nextSibling.style.display='block';
							} else { e.nextSibling.style.display='none'; }
							}</script>
</head>
<body>
<span style="display: none;">v3.23.1</span><table class="report" border="0" cellspacing="2" id="idm139745906277728">
<tr>
<th class="tl" colspan="2" rowspan="2"><div style="width: 200px;"><strong>N-2 - USD ($)<br></strong></div></th>
<th class="th" colspan="1"></th>
<th class="th" colspan="1"></th>
<th class="th" colspan="1"></th>
<th class="th" colspan="9">3 Months Ended</th>
<th class="th" colspan="10">12 Months Ended</th>
</tr>
<tr>
<th class="th"><div>Sep. 20, 2021</div></th>
<th class="th"><div>Sep. 07, 2021</div></th>
<th class="th"><div>May 31, 2021</div></th>
<th class="th"><div>Aug. 31, 2021</div></th>
<th class="th"><div>May 31, 2021</div></th>
<th class="th"><div>Feb. 28, 2021</div></th>
<th class="th"><div>Nov. 30, 2020</div></th>
<th class="th"><div>Aug. 31, 2020</div></th>
<th class="th"><div>May 31, 2020</div></th>
<th class="th"><div>Feb. 29, 2020</div></th>
<th class="th"><div>Nov. 30, 2019</div></th>
<th class="th"><div>Aug. 31, 2019</div></th>
<th class="th"><div>May 31, 2021</div></th>
<th class="th"><div>May 31, 2020</div></th>
<th class="th"><div>May 31, 2019</div></th>
<th class="th"><div>May 31, 2018</div></th>
<th class="th"><div>May 31, 2017</div></th>
<th class="th"><div>May 31, 2016</div></th>
<th class="th"><div>May 31, 2015</div></th>
<th class="th"><div>May 31, 2014</div></th>
<th class="th"><div>May 31, 2013</div></th>
<th class="th"><div>May 31, 2012</div></th>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_CoverAbstract', window );"><strong>Cover [Abstract]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_EntityCentralIndexKey', window );">Entity Central Index Key</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">0001380936<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_AmendmentFlag', window );">Amendment Flag</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">false<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_DocumentType', window );">Document Type</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">424B5<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_EntityRegistrantName', window );">Entity Registrant Name</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">GUGGENHEIM STRATEGIC OPPORTUNITIES FUND<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_cef_FeeTableAbstract', window );"><strong>Fee Table [Abstract]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_cef_ShareholderTransactionExpensesTableTextBlock', window );">Shareholder Transaction Expenses [Table Text Block]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">
<table cellpadding="0" cellspacing="0" style="empty-cells: show; width: 516pt;">
<tr style="height: 9pt;">
<td style="background-color: #ffffff; padding-bottom: 4pt; padding-top: 4pt; vertical-align: Bottom; width: 466.38pt;"> <div style="line-height: 10pt; text-align: left;"> <div style="margin-left: 3pt; margin-right: 6pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-weight: bold; margin-left: 0.0pt;">Shareholder Transaction Expenses</span></div> </div> </td>
<td style="background-color: #ffffff; padding-bottom: 4pt; padding-top: 4pt; vertical-align: Bottom; width: 49.62pt;"> <div style="line-height: 0.5pt; text-align: left;"> <div style="margin-left: 4pt; margin-right: 4pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">&#160;</span></div> </div> </td> </tr>
<tr style="height: 13pt;">
<td style="background-color: azure; padding-bottom: 4pt; padding-top: 4pt; vertical-align: Bottom; width: 466.38pt;"> <div style="line-height: 10pt; text-align: left;"> <div style="margin-left: 3pt; margin-right: 6pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">Sales load (as a percentage of offering price)</span></div> </div> </td>
<td style="background-color: azure; padding-bottom: 4pt; padding-top: 4pt; vertical-align: Bottom; width: 49.62pt;"> <div style="line-height: 10pt; text-align: left;"> <div style="margin-left: 4pt; margin-right: 4pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 4.17pt;">2.00%</span><span style="color: #000000; font-family: times new roman; font-size: 6.5pt; margin-right: -16.52pt; position: relative; top: -2pt;">(1)</span> <div style="clear: right;"/> </div> </div> </td> </tr>
<tr style="height: 13pt;">
<td style="background-color: #ffffff; padding-bottom: 4pt; padding-top: 4pt; vertical-align: Bottom; width: 466.38pt;"> <div style="line-height: 10pt; text-align: left;"> <div style="margin-left: 3pt; margin-right: 6pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">Offering expenses borne by the Fund (as a percentage of offering price)</span></div> </div> </td>
<td style="background-color: #ffffff; padding-bottom: 4pt; padding-top: 4pt; vertical-align: Bottom; width: 49.62pt;"> <div style="line-height: 10pt; text-align: left;"> <div style="margin-left: 4pt; margin-right: 4pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 4.17pt;">0.60%</span><span style="color: #000000; font-family: times new roman; font-size: 6.5pt; margin-right: -16.52pt; position: relative; top: -2pt;">(2)</span> <div style="clear: right;"/> </div> </div> </td> </tr>
<tr style="height: 9pt;">
<td style="background-color: azure; padding-bottom: 1.5pt; padding-top: 4pt; vertical-align: Bottom; width: 466.38pt;"> <div style="line-height: 10pt; text-align: left;"> <div style="margin-left: 3pt; margin-right: 6pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">Dividend Reinvestment Plan fees</span><span style="color: #000000; font-family: times new roman; font-size: 6.5pt; margin-left: 0.0pt; position: relative; top: -2pt;">(3)</span> <div style="clear: right;"/> </div> </div> </td>
<td style="background-color: azure; padding-bottom: 1.5pt; padding-top: 4pt; vertical-align: Bottom; width: 49.62pt;"> <div style="line-height: 10pt; text-align: left;"> <div style="margin-left: 4pt; margin-right: 4pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">None</span></div> </div> </td> </tr> </table>  <div> <div style="clear: both; margin-top: -5.30pt; position: relative; width: 100%;"> <div style="float: left; line-height: 10.02pt; text-align: left; width: 9.35pt;"><span style="color: #000000; font-family: times new roman; font-size: 8.02pt;">(1)</span></div> <div style="float: left; line-height: 10.02pt; margin-left: 14.65pt; text-align: justify; width: 487.00pt;"><span style="color: #000000; font-family: times new roman; font-size: 8.02pt;">Represents the estimated commission with respect to the Common Shares being sold in this offering. Cantor Fitzgerald will be entitled to compensation </span><span style="color: #000000; font-family: times new roman; font-size: 8.02pt;">of up to 2.00% of the gross proceeds of the sale of any Common Shares under the Sales Agreement, with the exact amount of such compensation to be </span><span style="color: #000000; font-family: times new roman; font-size: 8.02pt;">mutually agreed upon by the Fund and Cantor Fitzgerald from time to time. The Fund has assumed that Cantor Fitzgerald will receive a commission of </span><span style="color: #000000; font-family: times new roman; font-size: 8.02pt;">2.00% of the gross sale price of the Common Shares sold in this offering.</span></div> </div> <div style="clear: both; position: relative;"/> </div>  <div> <div style="clear: both; margin-top: 2.20pt; position: relative; width: 100%;"> <div style="float: left; line-height: 10.02pt; text-align: left; width: 9.35pt;"><span style="color: #000000; font-family: times new roman; font-size: 8.02pt;">(2)</span></div> <div style="float: left; line-height: 10.02pt; margin-left: 14.65pt; text-align: justify; width: 487.00pt;"><span style="color: #000000; font-family: times new roman; font-size: 8.02pt;">The Investment Adviser has incurred on behalf of the Fund all costs associated with the Fund&#8217;s registration statement and any offerings pursuant to such </span><span style="color: #000000; font-family: times new roman; font-size: 8.02pt;">registration statement. The Fund has agreed, in connection with offerings under this registration statement, to reimburse the Investment Adviser for </span><span style="color: #000000; font-family: times new roman; font-size: 8.02pt;">offering expenses incurred by the Investment Adviser on the Fund&#8217;s behalf in an amount up to the lesser of the Fund&#8217;s actual offering costs or 0.60% of the </span><span style="color: #000000; font-family: times new roman; font-size: 8.02pt;">total offering price of the Common Shares sold in such offerings. Amounts in excess of 0.60% of the total offering price of shares sold pursuant to this </span><span style="color: #000000; font-family: times new roman; font-size: 8.02pt;">registration statement will not be subject to recoupment from the Fund.</span></div> </div> <div style="clear: both; position: relative;"/> </div>  <div> <div style="clear: both; margin-top: 2.20pt; position: relative; width: 100%;"> <div style="float: left; line-height: 10.02pt; text-align: left; width: 9.35pt;"><span style="color: #000000; font-family: times new roman; font-size: 8.02pt;">(3)</span></div> <div style="float: left; line-height: 10.02pt; margin-left: 14.65pt; text-align: justify; width: 487.00pt;"><span style="color: #000000; font-family: times new roman; font-size: 8.02pt;">You will pay brokerage charges if you direct the Plan Agent to sell your Common Shares held in a dividend reinvestment account. See &#8220;Dividend </span><span style="color: #000000; font-family: times new roman; font-size: 8.02pt;">Reinvestment Plan&#8221; in the accompanying Prospectus.</span></div> </div> <div style="clear: both; position: relative;"/> </div> <span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_cef_SalesLoadPercent', window );">Sales Load [Percent]</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[1]</sup></td>
<td class="nump">2.00%<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_cef_DividendReinvestmentAndCashPurchaseFees', window );">Dividend Reinvestment and Cash Purchase Fees</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[2]</sup></td>
<td class="nump">$ 0<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_cef_OtherTransactionExpensesAbstract', window );"><strong>Other Transaction Expenses [Abstract]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_cef_OtherTransactionExpensesPercent', window );">Other Transaction Expenses [Percent]</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[3]</sup></td>
<td class="nump">0.60%<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_cef_AnnualExpensesTableTextBlock', window );">Annual Expenses [Table Text Block]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">
<table cellpadding="0" cellspacing="0" style="empty-cells: show; width: 516pt;">
<tr style="height: 19pt;">
<td style="background-color: #ffffff; padding-bottom: 2pt; padding-top: 2pt; vertical-align: Bottom; width: 314.43pt;"> <div style="line-height: 10pt; text-align: left;"> <div style="margin-left: 3pt; margin-right: 6pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-weight: bold; margin-left: 0.0pt;">Annual Expenses</span></div> </div> </td>
<td style="background-color: #ffffff; padding-bottom: 2pt; padding-top: 2pt; vertical-align: Bottom; width: 201.57pt;"> <div style="line-height: 12.02pt; text-align: left;"> <div style="margin-left: 4pt; margin-right: 4pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-weight: bold;">As a Percentage of Net Assets Attributable to</span></div> <div style="margin-left: 4pt; margin-right: 4pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-weight: bold;">Common Shares (reflecting leverage)</span><span style="color: #000000; font-family: times new roman; font-size: 6.5pt; font-weight: bold; position: relative; top: -2.75pt;">(4)</span></div> </div> </td> </tr>
<tr style="height: 11pt;">
<td style="background-color: azure; padding-bottom: 4pt; padding-top: 2pt; vertical-align: Bottom; width: 314.43pt;"> <div style="line-height: 10pt; text-align: left;"> <div style="margin-left: 3pt; margin-right: 6pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">Management fee</span><span style="color: #000000; font-family: times new roman; font-size: 6.5pt; margin-left: 0.0pt; position: relative; top: -2pt;">(5)</span> <div style="clear: right;"/> </div> </div> </td>
<td style="background-color: azure; padding-bottom: 4pt; padding-top: 2pt; vertical-align: Bottom; width: 201.57pt;"> <div style="line-height: 10pt; text-align: left;"> <div style="margin-left: 4pt; margin-right: 4pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.00pt;">1.28%</span></div> </div> </td> </tr>
<tr style="height: 13pt;">
<td style="background-color: #ffffff; padding-bottom: 4pt; padding-top: 4pt; vertical-align: Bottom; width: 314.43pt;"> <div style="line-height: 10pt; text-align: left;"> <div style="margin-left: 3pt; margin-right: 6pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">Interest expense</span><span style="color: #000000; font-family: times new roman; font-size: 6.5pt; margin-left: 0.0pt; position: relative; top: -2pt;">(6)</span> <div style="clear: right;"/> </div> </div> </td>
<td style="background-color: #ffffff; padding-bottom: 4pt; padding-top: 4pt; vertical-align: Bottom; width: 201.57pt;"> <div style="line-height: 10pt; text-align: left;"> <div style="margin-left: 4pt; margin-right: 4pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">1.40%</span></div> </div> </td> </tr>
<tr style="height: 13pt;">
<td style="background-color: azure; padding-bottom: 4pt; padding-top: 4pt; vertical-align: Bottom; width: 314.43pt;"> <div style="line-height: 10pt; text-align: left;"> <div style="margin-left: 3pt; margin-right: 6pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">Acquired fund fees and expenses</span><span style="color: #000000; font-family: times new roman; font-size: 6.5pt; margin-left: 0.0pt; position: relative; top: -2pt;">(7)</span> <div style="clear: right;"/> </div> </div> </td>
<td style="background-color: azure; padding-bottom: 4pt; padding-top: 4pt; vertical-align: Bottom; width: 201.57pt;"> <div style="line-height: 10pt; text-align: left;"> <div style="margin-left: 4pt; margin-right: 4pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.00pt;">0.04%</span></div> </div> </td> </tr>
<tr style="height: 13pt;">
<td style="background-color: #ffffff; padding-bottom: 4pt; padding-top: 4pt; vertical-align: Bottom; width: 314.43pt;"> <div style="line-height: 10pt; text-align: left;"> <div style="margin-left: 3pt; margin-right: 6pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">Other expenses</span><span style="color: #000000; font-family: times new roman; font-size: 6.5pt; margin-left: 0.0pt; position: relative; top: -2pt;">(8)</span> <div style="clear: right;"/> </div> </div> </td>
<td style="background-color: #ffffff; padding-bottom: 4pt; padding-top: 4pt; vertical-align: Bottom; width: 201.57pt;"> <div style="line-height: 10pt; text-align: left;"> <div style="margin-left: 4pt; margin-right: 4pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">0.10%</span></div> </div> </td> </tr>
<tr style="height: 9pt;">
<td style="background-color: azure; padding-bottom: 1.5pt; padding-top: 4pt; vertical-align: Bottom; width: 314.43pt;"> <div style="line-height: 10pt; text-align: left;"> <div style="margin-left: 3pt; margin-right: 6pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">Total annual expenses</span><span style="color: #000000; font-family: times new roman; font-size: 6.5pt; margin-left: 0.0pt; position: relative; top: -2pt;">(9)</span> <div style="clear: right;"/> </div> </div> </td>
<td style="background-color: azure; padding-bottom: 1.5pt; padding-top: 4pt; vertical-align: Bottom; width: 201.57pt;"> <div style="line-height: 10pt; text-align: left;"> <div style="margin-left: 4pt; margin-right: 4pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.00pt;">2.82%</span></div> </div> </td> </tr> </table>  <div> <div style="clear: both; margin-top: 2.19pt; position: relative; width: 100%;"> <div style="float: left; line-height: 10.02pt; text-align: left; width: 9.35pt;"><span style="color: #000000; font-family: times new roman; font-size: 8.02pt;">(4)</span></div> <div style="float: left; line-height: 10.02pt; margin-left: 14.65pt; text-align: justify; width: 487.00pt;"><span style="color: #000000; font-family: times new roman; font-size: 8.02pt;">Based upon average net assets attributable to the Common Shares during the six month period ended November&#160;30, 2022, after giving effect to the </span><span style="color: #000000; font-family: times new roman; font-size: 8.02pt;">anticipated net proceeds of all of the Common Shares offered by this Prospectus Supplement based on an assumed price per share of $15.90 (the last </span><span style="color: #000000; font-family: times new roman; font-size: 8.02pt;">reported sale price of the Fund&#8217;s Common Shares on the NYSE as of March&#160;27, 2023). The price per share of any sale of Common Shares may be greater </span><span style="color: #000000; font-family: times new roman; font-size: 8.02pt;">or less than the price assumed herein, depending on the market price of the Common Shares at the time of any sale. There is no guarantee that there will </span><span style="color: #000000; font-family: times new roman; font-size: 8.02pt;">be any sales of the Common Shares pursuant to this Prospectus Supplement. The number of the Common Shares actually sold pursuant to this Prospectus </span><span style="color: #000000; font-family: times new roman; font-size: 8.02pt;">Supplement may be less than as assumed herein.</span></div> </div> <div style="clear: both; position: relative;"/> </div>  <div> <div style="clear: both; margin-top: 2.20pt; position: relative; width: 100%;"> <div style="float: left; line-height: 10.02pt; text-align: left; width: 9.35pt;"><span style="color: #000000; font-family: times new roman; font-size: 8.02pt;">(5)</span></div> <div style="float: left; line-height: 10.02pt; margin-left: 14.65pt; text-align: justify; width: 487.00pt;"><span style="color: #000000; font-family: times new roman; font-size: 8.02pt;">The Fund pays the Investment Adviser a fee, payable monthly in arrears at an annual rate equal to 1.00% of the Fund&#8217;s average daily Managed Assets. </span><span style="color: #000000; font-family: times new roman; font-size: 8.02pt;">Common Shareholders bear the portion of the investment advisory fee attributable to the assets purchased with the proceeds of borrowing or the issuance </span><span style="color: #000000; font-family: times new roman; font-size: 8.02pt;">of commercial paper or other forms of debt (&#8220;Borrowings&#8221;) or reverse repurchase agreements, dollar rolls or similar transactions or through a </span><span style="color: #000000; font-family: times new roman; font-size: 8.02pt;">combination of the foregoing (collectively &#8220;Financial Leverage&#8221;), which means that Common Shareholders effectively bear the entire advisory fee. The </span><span style="color: #000000; font-family: times new roman; font-size: 8.02pt;">fee shown above is based upon outstanding Financial Leverage of 24.3% of the Fund&#8217;s Managed Assets. The management fee as a percentage of net assets </span><span style="color: #000000; font-family: times new roman; font-size: 8.02pt;">attributable to the Common Shares is higher than if the Trust did not utilize such Financial Leverage. If Financial Leverage of more than 24.3% of the </span><span style="color: #000000; font-family: times new roman; font-size: 8.02pt;">Fund&#8217;s Managed Assets is used, the management fees shown would be higher.</span></div> </div> <div style="clear: both; position: relative;"/> </div>  <div> <div style="clear: both; margin-top: 2.10pt; position: relative; width: 100%;"> <div style="float: left; line-height: 10.02pt; text-align: left; width: 9.35pt;"><span style="color: #000000; font-family: times new roman; font-size: 8.02pt;">(6)</span></div> <div style="float: left; line-height: 10.02pt; margin-left: 14.65pt; text-align: justify; width: 487.00pt;"><span style="color: #000000; font-family: times new roman; font-size: 8.02pt;">Interest expense is estimated for the current fiscal year and includes interest payments on borrowed funds and interest expense on reverse repurchase agreements. Interest payments on borrowed funds is based upon the Fund&#8217;s outstanding Borrowings as of November 30, 2022 (unaudited), which included Borrowings under the Fund&#8217;s committed facility agreement in an amount equal to 4.4% of the Fund&#8217;s Managed Assets at an assumed average interest rate of 5.50%. Interest expense on reverse repurchase agreements is based on the Fund&#8217;s outstanding reverse repurchase agreements as of November 30, 2022 (unaudited), in an amount equal to 19.9% of the Fund&#8217;s Managed Assets at November 30, 2022 (unaudited), at an assumed weighted average interest rate of 4.91%. The actual amount of interest payments and expenses borne by the Fund will vary over time in accordance with the amount of Borrowings and reverse repurchase agreements and variations in market interest rates.</span></div> </div> <div style="clear: both; position: relative;"/> </div>  <div> <div style="clear: both; margin-top: 2.10pt; position: relative; width: 100%;"> <div style="float: left; line-height: 10.02pt; text-align: left; width: 9.35pt;"><span style="color: #000000; font-family: times new roman; font-size: 8.02pt;">(7)</span></div> <div style="float: left; line-height: 10.02pt; margin-left: 14.65pt; text-align: justify; width: 487.00pt;"><span style="color: #000000; font-family: times new roman; font-size: 8.02pt;">Acquired Fund Fees and Expenses are based on estimated amounts for the current fiscal year, reflecting the fees and expenses borne by the Fund as an </span><span style="color: #000000; font-family: times new roman; font-size: 8.02pt;">investor in other investment companies during the six-month period ended November 30, 2022, and the expected investment of the proceeds of this </span><span style="color: #000000; font-family: times new roman; font-size: 8.02pt;">offering.</span></div> </div> <div style="clear: both; position: relative;"/> </div>  <div> <div style="clear: both; margin-top: 2.10pt; position: relative; width: 100%;"> <div style="float: left; line-height: 10.02pt; text-align: left; width: 9.35pt;"><span style="color: #000000; font-family: times new roman; font-size: 8.02pt;">(8)</span></div> <div style="float: left; line-height: 10.02pt; margin-left: 14.65pt; text-align: left; width: 487.00pt;"><span style="color: #000000; font-family: times new roman; font-size: 8.02pt;">Other expenses are estimated for the current fiscal year.</span></div> </div> <div style="clear: both; position: relative;"/> </div>  <div> <div style="clear: both; margin-top: 2.10pt; position: relative; width: 100%;"> <div style="float: left; line-height: 10.02pt; text-align: left; width: 9.35pt;"><span style="color: #000000; font-family: times new roman; font-size: 8.02pt;">(9) </span></div> <div style="float: left; line-height: 10.02pt; margin-left: 14.65pt; text-align: justify; width: 487.00pt;"><span style="color: #000000; font-family: times new roman; font-size: 8.02pt;">The Total Annual Fund Operating Expenses in this fee table may not correlate to the expense ratios in the Fund&#8217;s financial highlights and financial </span><span style="color: #000000; font-family: times new roman; font-size: 8.02pt;">statements because the financial highlights and financial statements reflect only the operating expenses of the Fund and do not include Acquired Fund </span><span style="color: #000000; font-family: times new roman; font-size: 8.02pt;">Fees and Expenses, which are fees and expenses incurred indirectly by the Fund through its investments in certain underlying investment companies.</span></div> </div> <div style="clear: both; position: relative;"/> </div> <span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_cef_ManagementFeesPercent', window );">Management Fees [Percent]</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[4],[5]</sup></td>
<td class="nump">1.28%<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_cef_InterestExpensesOnBorrowingsPercent', window );">Interest Expenses on Borrowings [Percent]</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[4],[6]</sup></td>
<td class="nump">1.40%<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_cef_AcquiredFundFeesAndExpensesPercent', window );">Acquired Fund Fees and Expenses [Percent]</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[4],[7]</sup></td>
<td class="nump">0.04%<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_cef_OtherAnnualExpensesAbstract', window );"><strong>Other Annual Expenses [Abstract]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_cef_OtherAnnualExpensesPercent', window );">Other Annual Expenses [Percent]</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[4],[8]</sup></td>
<td class="nump">0.10%<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_cef_TotalAnnualExpensesPercent', window );">Total Annual Expenses [Percent]</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[4],[9]</sup></td>
<td class="nump">2.82%<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_cef_ExpenseExampleTableTextBlock', window );">Expense Example [Table Text Block]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text"> <div style="line-height: 12.02pt; margin-top: 10.10pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-weight: bold;">Example</span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; line-height: 12.02pt;"> </span></div>  <div style="line-height: 12.02pt; margin-top: 10.10pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">As required by relevant SEC regulations, the following Example illustrates the expenses that you would pay on a $1,000 </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">investment in the Common Shares, assuming (1)&#160;&#8220;Total annual expenses&#8221; of 2.82% of net assets attributable to the Common </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">Shares, (2)&#160;the sales load of $20 and estimated offering expenses of $6, and (3)&#160;a&#160;5% annual return*:</span><span style="color: #000000; font-family: times new roman; font-size: 1pt; line-height: 1pt;">&#8195;</span></div>
<table cellpadding="0" cellspacing="0" style="empty-cells: show; width: 516pt;">
<tr style="height: 8.35pt;">
<td style="background-color: #ffffff; padding-bottom: 1.35pt; padding-top: 1.35pt; vertical-align: Bottom; width: 115.2pt;"> <div style="line-height: 0.5pt; text-align: left;"> <div style="margin-left: 26pt; margin-right: 6pt; text-align: center; white-space: nowrap;"><span style="border-bottom: 0.5pt groove #000000; color: #000000; font-family: times new roman; font-size: 10.02pt; font-weight: bold;">&#160;</span></div> </div> </td>
<td style="background-color: #ffffff; padding-bottom: 1.35pt; padding-top: 1.35pt; vertical-align: Bottom; width: 95.2pt;"> <div style="line-height: 11.0pt; text-align: left;"> <div style="margin-left: 6pt; margin-right: 6pt; text-align: center; white-space: nowrap;"><span style="border-bottom: 0.5pt groove #000000; color: #000000; font-family: times new roman; font-size: 10.02pt; font-weight: bold;">1 Year</span></div> </div> </td>
<td style="background-color: #ffffff; padding-bottom: 1.35pt; padding-top: 1.35pt; vertical-align: Bottom; width: 95.2pt;"> <div style="line-height: 11.0pt; text-align: left;"> <div style="margin-left: 6pt; margin-right: 6pt; text-align: center; white-space: nowrap;"><span style="border-bottom: 0.5pt groove #000000; color: #000000; font-family: times new roman; font-size: 10.02pt; font-weight: bold;">3 Years</span></div> </div> </td>
<td style="background-color: #ffffff; padding-bottom: 1.35pt; padding-top: 1.35pt; vertical-align: Bottom; width: 95.2pt;"> <div style="line-height: 11.0pt; text-align: left;"> <div style="margin-left: 6pt; margin-right: 6pt; text-align: center; white-space: nowrap;"><span style="border-bottom: 0.5pt groove #000000; color: #000000; font-family: times new roman; font-size: 10.02pt; font-weight: bold;">5 Years</span></div> </div> </td>
<td style="background-color: #ffffff; padding-bottom: 1.35pt; padding-top: 1.35pt; vertical-align: Bottom; width: 115.2pt;"> <div style="line-height: 11.0pt; text-align: left;"> <div style="margin-left: 6pt; margin-right: 26pt; text-align: center; white-space: nowrap;"><span style="border-bottom: 0.5pt groove #000000; color: #000000; font-family: times new roman; font-size: 10.02pt; font-weight: bold;">10 Years</span></div> </div> </td> </tr>
<tr style="height: 18.35pt;">
<td style="background-color: #ffffff; padding-bottom: 1.5pt; padding-top: 1.35pt; vertical-align: Bottom; width: 115.2pt;"> <div style="line-height: 10pt; text-align: left;"> <div style="margin-left: 26pt; margin-right: 6pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.00pt;">Total Expenses </span></div> <div style="margin-left: 26pt; margin-right: 6pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">Incurred</span></div> </div> </td>
<td style="background-color: #ffffff; padding-bottom: 1.5pt; padding-top: 1.35pt; vertical-align: Bottom; width: 95.2pt;"> <div style="line-height: 10pt; text-align: left;"> <div style="margin-left: 6pt; margin-right: 6pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.00pt;">$54</span></div> </div> </td>
<td style="background-color: #ffffff; padding-bottom: 1.5pt; padding-top: 1.35pt; vertical-align: Bottom; width: 95.2pt;"> <div style="line-height: 10pt; text-align: left;"> <div style="margin-left: 6pt; margin-right: 6pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.00pt;">$111</span></div> </div> </td>
<td style="background-color: #ffffff; padding-bottom: 1.5pt; padding-top: 1.35pt; vertical-align: Bottom; width: 95.2pt;"> <div style="line-height: 10pt; text-align: left;"> <div style="margin-left: 6pt; margin-right: 6pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.00pt;">$171</span></div> </div> </td>
<td style="background-color: #ffffff; padding-bottom: 1.5pt; padding-top: 1.35pt; vertical-align: Bottom; width: 115.2pt;"> <div style="line-height: 10pt; text-align: left;"> <div style="margin-left: 6pt; margin-right: 26pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.00pt;">$333</span></div> </div> </td> </tr> </table>  <div> <div style="clear: both; margin-top: -3.40pt; position: relative; width: 100%;"> <div style="float: left; line-height: 12.02pt; text-align: left; width: 5.01pt;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">*</span></div> <div style="float: left; line-height: 12.02pt; margin-left: 18.99pt; text-align: justify; width: 487.00pt;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-weight: bold;">The Example should not be considered a representation of future expenses or returns. Actual expenses may be </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-weight: bold;">higher or lower than those assumed. Moreover, the Fund&#8217;s actual rate of return may be higher or lower than the </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-weight: bold;">hypothetical 5% return shown in the Example.</span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"> The Example assumes that all dividends and distributions are reinvested </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">at net asset value. See &#8220;Distributions&#8221; and &#8220;Dividend Reinvestment Plan&#8221; in the accompanying Prospectus.</span></div> </div> <div style="clear: both; position: relative;"/> </div>  <div> <div style="clear: both; margin-top: 10.10pt; position: relative; width: 100%;"> <div style="float: left; line-height: 12.02pt; text-align: left; width: 5.01pt;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; line-height: 12.02pt;">&#8194;</span></div> <div style="float: left; line-height: 12.02pt; margin-left: 18.99pt; text-align: justify; width: 487.00pt;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">The above table and Example and the assumption in the Example of the 5% annual return are required by the regulations of </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">the SEC. The assumed 5% annual return is not a prediction of, and does not represent, the projected or actual performance </span></div> </div> <div style="clear: both; position: relative;"/> </div>  <div style="line-height: 12.02pt; margin-left: 24pt; text-align: justify;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.00%;">of the Fund&#8217;s Common Shares. For more complete descriptions of certain of the Fund&#8217;s costs and expenses, see </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">&#8220;Management of the Fund&#8221; in the accompanying Prospectus. The Example assumes that the estimated &#8220;Other expenses&#8221; </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">set forth in the table are accurate.</span> </span></div> <span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_cef_ExpenseExampleYear01', window );">Expense Example, Year 01</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">$ 54<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_cef_ExpenseExampleYears1to3', window );">Expense Example, Years 1 to 3</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">111<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_cef_ExpenseExampleYears1to5', window );">Expense Example, Years 1 to 5</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">171<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_cef_ExpenseExampleYears1to10', window );">Expense Example, Years 1 to 10</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">$ 333<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_cef_PurposeOfFeeTableNoteTextBlock', window );">Purpose of Fee Table , Note [Text Block]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text"> <div style="line-height: 12.02pt; margin-top: 5.29pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">The following table contains information about the costs and expenses that the Common Shareholders will bear directly or </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">indirectly. The table reflects the use of leverage in an amount equal to 24.3% of the Fund&#8217;s total managed assets, which reflects </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">approximately the percentage of the Fund&#8217;s total managed assets attributable to leverage as of November 30, 2022 (unaudited), </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">and shows Fund expenses as a percentage of net assets attributable to the Common Shares. The table and example below are </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">based on the Fund&#8217;s capital structure as of November 30, 2022 (unaudited) after giving effect to the anticipated net proceeds of </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">the Common Shares offered pursuant to this Prospectus Supplement and assuming the Fund incurs the estimated offering </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">expenses. The extent of the Fund&#8217;s assets attributable to leverage following an offering, and the Fund&#8217;s associated expenses, are </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">likely to vary (perhaps significantly) from these assumptions. The purpose of the table and the example below is to help you </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">understand the fees and expenses that you, as a Common Shareholder, would bear directly or indirectly. The following table </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">should not be considered a representation of the Fund&#8217;s future expenses. Actual expenses may be greater or less than shown. The </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">following table shows estimated Fund expenses as a percentage of average net assets attributable to the Common Shares, and not </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">as a percentage of managed assets. See &#8220;Management of the Fund&#8221; in the accompanying Prospectus.</span><span style="color: #000000; font-family: times new roman; font-size: 1pt; line-height: 1pt;">&#8195;</span></div> <span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_cef_BasisOfTransactionFeesNoteTextBlock', window );">Basis of Transaction Fees, Note [Text Block]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">as a percentage of offering price<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_cef_OtherTransactionFeesNoteTextBlock', window );">Other Transaction Fees, Note [Text Block]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">The Investment Adviser has incurred on behalf of the Fund all costs associated with the Fund&#8217;s registration statement and any offerings pursuant to such registration statement. The Fund has agreed, in connection with offerings under this registration statement, to reimburse the Investment Adviser for offering expenses incurred by the Investment Adviser on the Fund&#8217;s behalf in an amount up to the lesser of the Fund&#8217;s actual offering costs or 0.60% of the total offering price of the Common Shares sold in such offerings. Amounts in excess of 0.60% of the total offering price of shares sold pursuant to this registration statement will not be subject to recoupment from the Fund.<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_cef_OtherExpensesNoteTextBlock', window );">Other Expenses, Note [Text Block]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">Other expenses are estimated for the current fiscal year.<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_cef_AcquiredFundFeesEstimatedNoteTextBlock', window );">Acquired Fund Fees Estimated, Note [Text Block]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">Acquired Fund Fees and Expenses are based on estimated amounts for the current fiscal year, reflecting the fees and expenses borne by the Fund as an investor in other investment companies during the six-month period ended November 30, 2022, and the expected investment of the proceeds of this offering.<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_cef_AcquiredFundTotalAnnualExpensesNoteTextBlock', window );">Acquired Fund Total Annual Expenses, Note [Text Block]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">The Total Annual Fund Operating Expenses in this fee table may not correlate to the expense ratios in the Fund&#8217;s financial highlights and financial statements because the financial highlights and financial statements reflect only the operating expenses of the Fund and do not include Acquired Fund Fees and Expenses, which are fees and expenses incurred indirectly by the Fund through its investments in certain underlying investment companies.<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_cef_FinancialHighlightsAbstract', window );"><strong>Financial Highlights [Abstract]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_cef_SeniorSecuritiesTableTextBlock', window );">Senior Securities [Table Text Block]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">
<table cellpadding="0" cellspacing="0" style="empty-cells: show; width: 516pt;">
<tr style="height: 20.35pt;">
<td style="background-color: #ffffff; padding-bottom: 3.35pt; padding-top: 3.35pt; vertical-align: Bottom; width: 141.72pt;"> <div style="line-height: 10pt; text-align: left;"> <div style="margin-right: 3pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-weight: bold; margin-left: 0.0pt;">Class and Fiscal Period End</span></div> </div> </td>
<td style="background-color: #ffffff; border-bottom: 0.5pt solid #000000; padding-bottom: 1.35pt; padding-top: 1.35pt; vertical-align: Bottom; width: 97pt;"> <div style="line-height: 13.02pt; text-align: left;"> <div style="margin-left: 1pt; margin-right: 1pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-weight: bold;">Total Principal </span></div> <div style="margin-left: 1pt; margin-right: 1pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-weight: bold;">Amount Outstanding</span></div> </div> </td>
<td style="background-color: #ffffff; border-bottom: 0.5pt solid #000000; padding-bottom: 1.35pt; padding-top: 1.35pt; vertical-align: Bottom; width: 96.18pt;"> <div style="line-height: 13.02pt; text-align: left;"> <div style="margin-left: 1pt; margin-right: 1pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-weight: bold;">Asset Coverage Per </span></div> <div style="margin-left: 1pt; margin-right: 1pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-weight: bold;">$1,000 of Borrowings</span></div> </div> </td>
<td style="background-color: #ffffff; border-bottom: 0.5pt solid #000000; padding-bottom: 1.35pt; padding-top: 1.35pt; vertical-align: Bottom; width: 109.57pt;"> <div style="line-height: 13.02pt; text-align: left;"> <div style="margin-left: 1pt; margin-right: 1pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-weight: bold;">Involuntary Liquidating </span></div> <div style="margin-left: 1pt; margin-right: 1pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-weight: bold;">Preference Per Unit</span></div> </div> </td>
<td style="background-color: #ffffff; border-bottom: 0.5pt solid #000000; padding-bottom: 1.35pt; padding-top: 1.35pt; vertical-align: Bottom; width: 71.53pt;"> <div style="line-height: 13.02pt; text-align: left;"> <div style="margin-left: 1pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-weight: bold;">Average Market </span></div> <div style="margin-left: 1pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-weight: bold;">Value Per Unit</span></div> </div> </td> </tr>
<tr style="height: 12.35pt;">
<td colspan="5" style="background-color: azure; padding-bottom: 4pt; padding-top: 3.35pt; vertical-align: Bottom; width: 516.00pt;"> <div style="line-height: 10pt; text-align: left;"> <div style="margin-right: -2pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-weight: bold; margin-left: 0.0pt;">Borrowings &#8211; Committed Facility Agreement</span></div> </div> </td> </tr>
<tr style="height: 13pt;">
<td style="background-color: #ffffff; padding-bottom: 4pt; padding-top: 4pt; vertical-align: Bottom; width: 141.72pt;"> <div style="line-height: 10pt; text-align: left;"> <div style="margin-right: 3pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">May 31, 2021</span></div> </div> </td>
<td style="background-color: #ffffff; padding-bottom: 4pt; padding-top: 4pt; vertical-align: Bottom; width: 97pt;"> <div style="line-height: 10pt; text-align: left;"> <div style="margin-left: 20.955pt; margin-right: 20.955pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">$</span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 5.01pt;">38,500,690</span></div> </div> </td>
<td style="background-color: #ffffff; padding-bottom: 4pt; padding-top: 4pt; vertical-align: Bottom; width: 96.18pt;"> <div style="line-height: 10pt; text-align: left;"> <div style="margin-left: 31.12pt; margin-right: 31.12pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">$</span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 1.38pt;">23,806</span></div> </div> </td>
<td style="background-color: #ffffff; padding-bottom: 4pt; padding-top: 4pt; vertical-align: Bottom; width: 109.57pt;"> <div style="line-height: 10pt; text-align: left;"> <div style="margin-left: 46.16pt; margin-right: 46.16pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"><span class="sec-hidden" style="-sec-ix-hidden: h_26_a41c652c_397f_cede_b0a2_eaf415fc3535;" title="Manually tagged">N/A</span></span></div> </div> </td>
<td style="background-color: #ffffff; padding-bottom: 4pt; padding-top: 4pt; vertical-align: Bottom; width: 71.53pt;"> <div style="line-height: 10pt; text-align: left;"> <div style="margin-left: 1pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"><span class="sec-hidden" style="-sec-ix-hidden: h_26_35b8d72b_245a_c9b1_8851_ca95bf99d8bc;" title="Manually tagged">N/A</span></span></div> </div> </td> </tr>
<tr style="height: 13pt;">
<td style="background-color: azure; padding-bottom: 4pt; padding-top: 4pt; vertical-align: Bottom; width: 141.72pt;"> <div style="line-height: 10pt; text-align: left;"> <div style="margin-right: 3pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">May 31, 2020</span></div> </div> </td>
<td style="background-color: azure; padding-bottom: 4pt; padding-top: 4pt; vertical-align: Bottom; width: 97pt;"> <div style="line-height: 10pt; text-align: left;"> <div style="margin-left: 20.955pt; margin-right: 20.955pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.00pt;">$</span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 5.01pt;">19,300,000</span></div> </div> </td>
<td style="background-color: azure; padding-bottom: 4pt; padding-top: 4pt; vertical-align: Bottom; width: 96.18pt;"> <div style="line-height: 10pt; text-align: left;"> <div style="margin-left: 31.12pt; margin-right: 31.12pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.00pt;">$</span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 1.38pt;">34,621</span></div> </div> </td>
<td style="background-color: azure; padding-bottom: 4pt; padding-top: 4pt; vertical-align: Bottom; width: 109.57pt;"> <div style="line-height: 10pt; text-align: left;"> <div style="margin-left: 46.16pt; margin-right: 46.16pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.00pt;"><span class="sec-hidden" style="-sec-ix-hidden: h_26_6efe55d0_e2c0_a4b9_05bc_2f3338f7276a;" title="Manually tagged">N/A</span></span></div> </div> </td>
<td style="background-color: azure; padding-bottom: 4pt; padding-top: 4pt; vertical-align: Bottom; width: 71.53pt;"> <div style="line-height: 10pt; text-align: left;"> <div style="margin-left: 1pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.00pt;"><span class="sec-hidden" style="-sec-ix-hidden: h_26_a8255de5_cd82_6080_a548_fc39d25480da;" title="Manually tagged">N/A</span></span></div> </div> </td> </tr>
<tr style="height: 13pt;">
<td style="background-color: #ffffff; padding-bottom: 4pt; padding-top: 4pt; vertical-align: Bottom; width: 141.72pt;"> <div style="line-height: 10pt; text-align: left;"> <div style="margin-right: 3pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">May 31, 2019</span></div> </div> </td>
<td style="background-color: #ffffff; padding-bottom: 4pt; padding-top: 4pt; vertical-align: Bottom; width: 97pt;"> <div style="line-height: 10pt; text-align: left;"> <div style="margin-left: 20.955pt; margin-right: 20.955pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">$</span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 40.06pt;"><span class="sec-hidden" style="-sec-ix-hidden: h_26_feb763ab_a9d4_6ca8_11e4_27a730481d41;" title="Manually tagged">&#8212;</span></span></div> </div> </td>
<td style="background-color: #ffffff; padding-bottom: 4pt; padding-top: 4pt; vertical-align: Bottom; width: 96.18pt;"> <div style="line-height: 10pt; text-align: left;"> <div style="margin-left: 31.12pt; margin-right: 31.12pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">$</span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 18.91pt;"><span class="sec-hidden" style="-sec-ix-hidden: h_26_d8ca5923_da4c_0005_5fa5_deff6337a851;" title="Manually tagged">&#8212;</span></span></div> </div> </td>
<td style="background-color: #ffffff; padding-bottom: 4pt; padding-top: 4pt; vertical-align: Bottom; width: 109.57pt;"> <div style="line-height: 10pt; text-align: left;"> <div style="margin-left: 46.16pt; margin-right: 46.16pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"><span class="sec-hidden" style="-sec-ix-hidden: h_26_e0167e53_64eb_0553_e56d_c0757f733e5c;" title="Manually tagged">N/A</span></span></div> </div> </td>
<td style="background-color: #ffffff; padding-bottom: 4pt; padding-top: 4pt; vertical-align: Bottom; width: 71.53pt;"> <div style="line-height: 10pt; text-align: left;"> <div style="margin-left: 1pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"><span class="sec-hidden" style="-sec-ix-hidden: h_26_71323dac_0dfb_0c79_ca4b_2cbed7278fdf;" title="Manually tagged">N/A</span></span></div> </div> </td> </tr>
<tr style="height: 13pt;">
<td style="background-color: azure; padding-bottom: 4pt; padding-top: 4pt; vertical-align: Bottom; width: 141.72pt;"> <div style="line-height: 10pt; text-align: left;"> <div style="margin-right: 3pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">May 31, 2018</span></div> </div> </td>
<td style="background-color: azure; padding-bottom: 4pt; padding-top: 4pt; vertical-align: Bottom; width: 97pt;"> <div style="line-height: 10pt; text-align: left;"> <div style="margin-left: 20.955pt; margin-right: 20.955pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.00pt;">$</span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 40.06pt;"><span class="sec-hidden" style="-sec-ix-hidden: h_26_1e774b6c_7bcc_6a97_df9a_b4fabd054356;" title="Manually tagged">&#8212;</span></span></div> </div> </td>
<td style="background-color: azure; padding-bottom: 4pt; padding-top: 4pt; vertical-align: Bottom; width: 96.18pt;"> <div style="line-height: 10pt; text-align: left;"> <div style="margin-left: 31.12pt; margin-right: 31.12pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.00pt;">$</span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 18.91pt;"><span class="sec-hidden" style="-sec-ix-hidden: h_26_31681ccb_7c84_3df4_f40e_2d6fa53d9595;" title="Manually tagged">&#8212;</span></span></div> </div> </td>
<td style="background-color: azure; padding-bottom: 4pt; padding-top: 4pt; vertical-align: Bottom; width: 109.57pt;"> <div style="line-height: 10pt; text-align: left;"> <div style="margin-left: 46.16pt; margin-right: 46.16pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.00pt;"><span class="sec-hidden" style="-sec-ix-hidden: h_26_42421524_acc8_59cc_b5c1_723ab379ff93;" title="Manually tagged">N/A</span></span></div> </div> </td>
<td style="background-color: azure; padding-bottom: 4pt; padding-top: 4pt; vertical-align: Bottom; width: 71.53pt;"> <div style="line-height: 10pt; text-align: left;"> <div style="margin-left: 1pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.00pt;"><span class="sec-hidden" style="-sec-ix-hidden: h_26_4f75ee45_656c_f98c_c8aa_2ab88c84816c;" title="Manually tagged">N/A</span></span></div> </div> </td> </tr>
<tr style="height: 13pt;">
<td style="background-color: #ffffff; padding-bottom: 4pt; padding-top: 4pt; vertical-align: Bottom; width: 141.72pt;"> <div style="line-height: 10pt; text-align: left;"> <div style="margin-right: 3pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">May 31, 2017</span></div> </div> </td>
<td style="background-color: #ffffff; padding-bottom: 4pt; padding-top: 4pt; vertical-align: Bottom; width: 97pt;"> <div style="line-height: 10pt; text-align: left;"> <div style="margin-left: 20.955pt; margin-right: 20.955pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">$</span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 5.01pt;">16,704,955</span></div> </div> </td>
<td style="background-color: #ffffff; padding-bottom: 4pt; padding-top: 4pt; vertical-align: Bottom; width: 96.18pt;"> <div style="line-height: 10pt; text-align: left;"> <div style="margin-left: 31.12pt; margin-right: 31.12pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">$</span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 1.38pt;">25,571</span></div> </div> </td>
<td style="background-color: #ffffff; padding-bottom: 4pt; padding-top: 4pt; vertical-align: Bottom; width: 109.57pt;"> <div style="line-height: 10pt; text-align: left;"> <div style="margin-left: 46.16pt; margin-right: 46.16pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"><span class="sec-hidden" style="-sec-ix-hidden: h_26_6ef3704f_4664_387e_651f_90284bc134d0;" title="Manually tagged">N/A</span></span></div> </div> </td>
<td style="background-color: #ffffff; padding-bottom: 4pt; padding-top: 4pt; vertical-align: Bottom; width: 71.53pt;"> <div style="line-height: 10pt; text-align: left;"> <div style="margin-left: 1pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"><span class="sec-hidden" style="-sec-ix-hidden: h_26_f0617c94_bdb3_912e_0413_967539a3d814;" title="Manually tagged">N/A</span></span></div> </div> </td> </tr>
<tr style="height: 13pt;">
<td style="background-color: azure; padding-bottom: 4pt; padding-top: 4pt; vertical-align: Bottom; width: 141.72pt;"> <div style="line-height: 10pt; text-align: left;"> <div style="margin-right: 3pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">May 31, 2016</span></div> </div> </td>
<td style="background-color: azure; padding-bottom: 4pt; padding-top: 4pt; vertical-align: Bottom; width: 97pt;"> <div style="line-height: 10pt; text-align: left;"> <div style="margin-left: 20.955pt; margin-right: 20.955pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.00pt;">$</span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 10.02pt;">9,354,955</span></div> </div> </td>
<td style="background-color: azure; padding-bottom: 4pt; padding-top: 4pt; vertical-align: Bottom; width: 96.18pt;"> <div style="line-height: 10pt; text-align: left;"> <div style="margin-left: 31.12pt; margin-right: 31.12pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.00pt;">$</span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 1.38pt;">34,164</span></div> </div> </td>
<td style="background-color: azure; padding-bottom: 4pt; padding-top: 4pt; vertical-align: Bottom; width: 109.57pt;"> <div style="line-height: 10pt; text-align: left;"> <div style="margin-left: 46.16pt; margin-right: 46.16pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.00pt;"><span class="sec-hidden" style="-sec-ix-hidden: h_26_6fd2340d_ffd5_c504_991b_6b28dd0cc7a9;" title="Manually tagged">N/A</span></span></div> </div> </td>
<td style="background-color: azure; padding-bottom: 4pt; padding-top: 4pt; vertical-align: Bottom; width: 71.53pt;"> <div style="line-height: 10pt; text-align: left;"> <div style="margin-left: 1pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.00pt;"><span class="sec-hidden" style="-sec-ix-hidden: h_26_4d056319_485f_e85e_cd64_c52089771e28;" title="Manually tagged">N/A</span></span></div> </div> </td> </tr>
<tr style="height: 13pt;">
<td style="background-color: #ffffff; padding-bottom: 4pt; padding-top: 4pt; vertical-align: Bottom; width: 141.72pt;"> <div style="line-height: 10pt; text-align: left;"> <div style="margin-right: 3pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">May 31, 2015</span></div> </div> </td>
<td style="background-color: #ffffff; padding-bottom: 4pt; padding-top: 4pt; vertical-align: Bottom; width: 97pt;"> <div style="line-height: 10pt; text-align: left;"> <div style="margin-left: 20.955pt; margin-right: 20.955pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">$</span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 5.01pt;">45,488,955</span></div> </div> </td>
<td style="background-color: #ffffff; padding-bottom: 4pt; padding-top: 4pt; vertical-align: Bottom; width: 96.18pt;"> <div style="line-height: 10pt; text-align: left;"> <div style="margin-left: 31.12pt; margin-right: 31.12pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">$</span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 6.39pt;">8,540</span></div> </div> </td>
<td style="background-color: #ffffff; padding-bottom: 4pt; padding-top: 4pt; vertical-align: Bottom; width: 109.57pt;"> <div style="line-height: 10pt; text-align: left;"> <div style="margin-left: 46.16pt; margin-right: 46.16pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"><span class="sec-hidden" style="-sec-ix-hidden: h_26_ef2acbf1_0d02_1d7e_8d73_a2f818167fc7;" title="Manually tagged">N/A</span></span></div> </div> </td>
<td style="background-color: #ffffff; padding-bottom: 4pt; padding-top: 4pt; vertical-align: Bottom; width: 71.53pt;"> <div style="line-height: 10pt; text-align: left;"> <div style="margin-left: 1pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"><span class="sec-hidden" style="-sec-ix-hidden: h_26_3a966a27_c29b_6d2c_9591_573244e6f123;" title="Manually tagged">N/A</span></span></div> </div> </td> </tr>
<tr style="height: 13pt;">
<td style="background-color: azure; padding-bottom: 4pt; padding-top: 4pt; vertical-align: Bottom; width: 141.72pt;"> <div style="line-height: 10pt; text-align: left;"> <div style="margin-right: 3pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">May 31, 2014</span></div> </div> </td>
<td style="background-color: azure; padding-bottom: 4pt; padding-top: 4pt; vertical-align: Bottom; width: 97pt;"> <div style="line-height: 10pt; text-align: left;"> <div style="margin-left: 20.955pt; margin-right: 20.955pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.00pt;">$</span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 5.01pt;">60,788,955</span></div> </div> </td>
<td style="background-color: azure; padding-bottom: 4pt; padding-top: 4pt; vertical-align: Bottom; width: 96.18pt;"> <div style="line-height: 10pt; text-align: left;"> <div style="margin-left: 31.12pt; margin-right: 31.12pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.00pt;">$</span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 6.39pt;">6,231</span></div> </div> </td>
<td style="background-color: azure; padding-bottom: 4pt; padding-top: 4pt; vertical-align: Bottom; width: 109.57pt;"> <div style="line-height: 10pt; text-align: left;"> <div style="margin-left: 46.16pt; margin-right: 46.16pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.00pt;"><span class="sec-hidden" style="-sec-ix-hidden: h_26_f1187497_3c06_6048_7f1d_bb2bc6264056;" title="Manually tagged">N/A</span></span></div> </div> </td>
<td style="background-color: azure; padding-bottom: 4pt; padding-top: 4pt; vertical-align: Bottom; width: 71.53pt;"> <div style="line-height: 10pt; text-align: left;"> <div style="margin-left: 1pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.00pt;"><span class="sec-hidden" style="-sec-ix-hidden: h_26_40be2675_1d49_e67d_3f01_584643ffaab0;" title="Manually tagged">N/A</span></span></div> </div> </td> </tr>
<tr style="height: 13pt;">
<td style="background-color: #ffffff; padding-bottom: 4pt; padding-top: 4pt; vertical-align: Bottom; width: 141.72pt;"> <div style="line-height: 10pt; text-align: left;"> <div style="margin-right: 3pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">May 31, 2013</span></div> </div> </td>
<td style="background-color: #ffffff; padding-bottom: 4pt; padding-top: 4pt; vertical-align: Bottom; width: 97pt;"> <div style="line-height: 10pt; text-align: left;"> <div style="margin-left: 20.955pt; margin-right: 20.955pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">$</span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 5.01pt;">56,098,955</span></div> </div> </td>
<td style="background-color: #ffffff; padding-bottom: 4pt; padding-top: 4pt; vertical-align: Bottom; width: 96.18pt;"> <div style="line-height: 10pt; text-align: left;"> <div style="margin-left: 31.12pt; margin-right: 31.12pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">$</span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 6.39pt;">6,107</span></div> </div> </td>
<td style="background-color: #ffffff; padding-bottom: 4pt; padding-top: 4pt; vertical-align: Bottom; width: 109.57pt;"> <div style="line-height: 10pt; text-align: left;"> <div style="margin-left: 46.16pt; margin-right: 46.16pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"><span class="sec-hidden" style="-sec-ix-hidden: h_26_7f9eddb5_bb43_9713_5bc1_26a9cd29937e;" title="Manually tagged">N/A</span></span></div> </div> </td>
<td style="background-color: #ffffff; padding-bottom: 4pt; padding-top: 4pt; vertical-align: Bottom; width: 71.53pt;"> <div style="line-height: 10pt; text-align: left;"> <div style="margin-left: 1pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"><span class="sec-hidden" style="-sec-ix-hidden: h_26_a61b6b33_9ede_d800_614c_b0a8cdb0d5b4;" title="Manually tagged">N/A</span></span></div> </div> </td> </tr>
<tr style="height: 13pt;">
<td style="background-color: azure; padding-bottom: 4pt; padding-top: 4pt; vertical-align: Bottom; width: 141.72pt;"> <div style="line-height: 10pt; text-align: left;"> <div style="margin-right: 3pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">May 31, 2012</span></div> </div> </td>
<td style="background-color: azure; padding-bottom: 4pt; padding-top: 4pt; vertical-align: Bottom; width: 97pt;"> <div style="line-height: 10pt; text-align: left;"> <div style="margin-left: 20.955pt; margin-right: 20.955pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.00pt;">$</span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 5.01pt;">30,598,955</span></div> </div> </td>
<td style="background-color: azure; padding-bottom: 4pt; padding-top: 4pt; vertical-align: Bottom; width: 96.18pt;"> <div style="line-height: 10pt; text-align: left;"> <div style="margin-left: 31.12pt; margin-right: 31.12pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.00pt;">$</span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 6.39pt;">7,776</span></div> </div> </td>
<td style="background-color: azure; padding-bottom: 4pt; padding-top: 4pt; vertical-align: Bottom; width: 109.57pt;"> <div style="line-height: 10pt; text-align: left;"> <div style="margin-left: 46.16pt; margin-right: 46.16pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.00pt;"><span class="sec-hidden" style="-sec-ix-hidden: h_26_948ed65d_c95d_edb6_9880_5778caaef224;" title="Manually tagged">N/A</span></span></div> </div> </td>
<td style="background-color: azure; padding-bottom: 4pt; padding-top: 4pt; vertical-align: Bottom; width: 71.53pt;"> <div style="line-height: 10pt; text-align: left;"> <div style="margin-left: 1pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.00pt;"><span class="sec-hidden" style="-sec-ix-hidden: h_26_3670f224_261d_c668_c088_2a3bc7945f37;" title="Manually tagged">N/A</span></span></div> </div> </td> </tr>
<tr style="height: 13pt;">
<td colspan="5" style="background-color: #ffffff; padding-bottom: 4pt; padding-top: 4pt; vertical-align: Bottom; width: 516.00pt;"> <div style="line-height: 10pt; text-align: left;"> <div style="margin-right: -2pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-weight: bold; margin-left: 0.0pt;">Reverse Repurchase Agreements(1)</span></div> </div> </td> </tr>
<tr style="height: 13pt;">
<td style="background-color: azure; padding-bottom: 4pt; padding-top: 4pt; vertical-align: Bottom; width: 141.72pt;"> <div style="line-height: 10pt; text-align: left;"> <div style="margin-right: 3pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">May 31, 2021</span></div> </div> </td>
<td style="background-color: azure; padding-bottom: 4pt; padding-top: 4pt; vertical-align: Bottom; width: 97pt;"> <div style="line-height: 10pt; text-align: left;"> <div style="margin-left: 20.955pt; margin-right: 20.955pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.00pt;">$</span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">335,327,511</span></div> </div> </td>
<td style="background-color: azure; padding-bottom: 4pt; padding-top: 4pt; vertical-align: Bottom; width: 96.18pt;"> <div style="line-height: 10pt; text-align: left;"> <div style="margin-left: 31.12pt; margin-right: 31.12pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 5.01pt; margin-right: -2.5pt;"><span class="sec-hidden" style="-sec-ix-hidden: h_26_7da213e3_40b1_12a6_5f73_bbaaaedafc93;" title="Manually tagged">N/A</span>(1)</span></div> </div> </td>
<td style="background-color: azure; padding-bottom: 4pt; padding-top: 4pt; vertical-align: Bottom; width: 109.57pt;"> <div style="line-height: 10pt; text-align: left;"> <div style="margin-left: 46.16pt; margin-right: 46.16pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.00pt;"><span class="sec-hidden" style="-sec-ix-hidden: h_26_0eee9865_bcc2_69a7_64d0_9f03835625ef;" title="Manually tagged">N/A</span></span></div> </div> </td>
<td style="background-color: azure; padding-bottom: 4pt; padding-top: 4pt; vertical-align: Bottom; width: 71.53pt;"> <div style="line-height: 10pt; text-align: left;"> <div style="margin-left: 1pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.00pt;"><span class="sec-hidden" style="-sec-ix-hidden: h_26_b6dfced1_d198_de24_e2be_3497eb912849;" title="Manually tagged">N/A</span></span></div> </div> </td> </tr>
<tr style="height: 13pt;">
<td style="background-color: #ffffff; padding-bottom: 4pt; padding-top: 4pt; vertical-align: Bottom; width: 141.72pt;"> <div style="line-height: 10pt; text-align: left;"> <div style="margin-right: 3pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">May 31, 2020</span></div> </div> </td>
<td style="background-color: #ffffff; padding-bottom: 4pt; padding-top: 4pt; vertical-align: Bottom; width: 97pt;"> <div style="line-height: 10pt; text-align: left;"> <div style="margin-left: 20.955pt; margin-right: 20.955pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">$</span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 5.01pt;">42,445,822</span></div> </div> </td>
<td style="background-color: #ffffff; padding-bottom: 4pt; padding-top: 4pt; vertical-align: Bottom; width: 96.18pt;"> <div style="line-height: 10pt; text-align: left;"> <div style="margin-left: 31.12pt; margin-right: 31.12pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 5.01pt; margin-right: -2.5pt;"><span class="sec-hidden" style="-sec-ix-hidden: h_26_03015968_3104_f2e1_2361_a4e34989212e;" title="Manually tagged">N/A</span>(1)</span></div> </div> </td>
<td style="background-color: #ffffff; padding-bottom: 4pt; padding-top: 4pt; vertical-align: Bottom; width: 109.57pt;"> <div style="line-height: 10pt; text-align: left;"> <div style="margin-left: 46.16pt; margin-right: 46.16pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"><span class="sec-hidden" style="-sec-ix-hidden: h_26_c2c29e18_1f40_84aa_a3f0_4343be7d682b;" title="Manually tagged">N/A</span></span></div> </div> </td>
<td style="background-color: #ffffff; padding-bottom: 4pt; padding-top: 4pt; vertical-align: Bottom; width: 71.53pt;"> <div style="line-height: 10pt; text-align: left;"> <div style="margin-left: 1pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"><span class="sec-hidden" style="-sec-ix-hidden: h_26_e825aaa2_5fbf_ffb3_d07c_5d85de02f8bf;" title="Manually tagged">N/A</span></span></div> </div> </td> </tr>
<tr style="height: 13pt;">
<td style="background-color: azure; padding-bottom: 4pt; padding-top: 4pt; vertical-align: Bottom; width: 141.72pt;"> <div style="line-height: 10pt; text-align: left;"> <div style="margin-right: 3pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">May 31, 2019</span></div> </div> </td>
<td style="background-color: azure; padding-bottom: 4pt; padding-top: 4pt; vertical-align: Bottom; width: 97pt;"> <div style="line-height: 10pt; text-align: left;"> <div style="margin-left: 20.955pt; margin-right: 20.955pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.00pt;">$</span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 40.06pt;"><span class="sec-hidden" style="-sec-ix-hidden: h_26_b9561568_9675_0134_b5b5_9f08eda50426;" title="Manually tagged">&#8212;</span></span></div> </div> </td>
<td style="background-color: azure; padding-bottom: 4pt; padding-top: 4pt; vertical-align: Bottom; width: 96.18pt;"> <div style="line-height: 10pt; text-align: left;"> <div style="margin-left: 31.12pt; margin-right: 31.12pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 5.01pt; margin-right: -2.5pt;"><span class="sec-hidden" style="-sec-ix-hidden: h_26_ae598643_d275_d152_abac_88944025ccb6;" title="Manually tagged">N/A</span>(1)</span></div> </div> </td>
<td style="background-color: azure; padding-bottom: 4pt; padding-top: 4pt; vertical-align: Bottom; width: 109.57pt;"> <div style="line-height: 10pt; text-align: left;"> <div style="margin-left: 46.16pt; margin-right: 46.16pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.00pt;"><span class="sec-hidden" style="-sec-ix-hidden: h_26_d4e7450e_7e63_7b8c_f154_a0f355f315a2;" title="Manually tagged">N/A</span></span></div> </div> </td>
<td style="background-color: azure; padding-bottom: 4pt; padding-top: 4pt; vertical-align: Bottom; width: 71.53pt;"> <div style="line-height: 10pt; text-align: left;"> <div style="margin-left: 1pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.00pt;"><span class="sec-hidden" style="-sec-ix-hidden: h_26_6b996a4b_9fcd_c410_d016_dbeee44f1c1b;" title="Manually tagged">N/A</span></span></div> </div> </td> </tr>
<tr style="height: 13pt;">
<td style="background-color: #ffffff; padding-bottom: 4pt; padding-top: 4pt; vertical-align: Bottom; width: 141.72pt;"> <div style="line-height: 10pt; text-align: left;"> <div style="margin-right: 3pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">May 31, 2018</span></div> </div> </td>
<td style="background-color: #ffffff; padding-bottom: 4pt; padding-top: 4pt; vertical-align: Bottom; width: 97pt;"> <div style="line-height: 10pt; text-align: left;"> <div style="margin-left: 20.955pt; margin-right: 20.955pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">$</span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 10.02pt;">1,610,022</span></div> </div> </td>
<td style="background-color: #ffffff; padding-bottom: 4pt; padding-top: 4pt; vertical-align: Bottom; width: 96.18pt;"> <div style="line-height: 10pt; text-align: left;"> <div style="margin-left: 31.12pt; margin-right: 31.12pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 5.01pt; margin-right: -2.5pt;"><span class="sec-hidden" style="-sec-ix-hidden: h_26_80da2bcf_deec_1071_693f_59603d1592eb;" title="Manually tagged">N/A</span>(1)</span></div> </div> </td>
<td style="background-color: #ffffff; padding-bottom: 4pt; padding-top: 4pt; vertical-align: Bottom; width: 109.57pt;"> <div style="line-height: 10pt; text-align: left;"> <div style="margin-left: 46.16pt; margin-right: 46.16pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"><span class="sec-hidden" style="-sec-ix-hidden: h_26_513283b0_1ef8_422a_1df2_767bcef6c618;" title="Manually tagged">N/A</span></span></div> </div> </td>
<td style="background-color: #ffffff; padding-bottom: 4pt; padding-top: 4pt; vertical-align: Bottom; width: 71.53pt;"> <div style="line-height: 10pt; text-align: left;"> <div style="margin-left: 1pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"><span class="sec-hidden" style="-sec-ix-hidden: h_26_193826c4_0c4c_4d1a_fdaa_bc791d823505;" title="Manually tagged">N/A</span></span></div> </div> </td> </tr>
<tr style="height: 13pt;">
<td style="background-color: azure; padding-bottom: 4pt; padding-top: 4pt; vertical-align: Bottom; width: 141.72pt;"> <div style="line-height: 10pt; text-align: left;"> <div style="margin-right: 3pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">May 31, 2017</span></div> </div> </td>
<td style="background-color: azure; padding-bottom: 4pt; padding-top: 4pt; vertical-align: Bottom; width: 97pt;"> <div style="line-height: 10pt; text-align: left;"> <div style="margin-left: 20.955pt; margin-right: 20.955pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.00pt;">$</span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 5.01pt;">91,424,819</span></div> </div> </td>
<td style="background-color: azure; padding-bottom: 4pt; padding-top: 4pt; vertical-align: Bottom; width: 96.18pt;"> <div style="line-height: 10pt; text-align: left;"> <div style="margin-left: 31.12pt; margin-right: 31.12pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 5.01pt; margin-right: -2.5pt;"><span class="sec-hidden" style="-sec-ix-hidden: h_26_db5997f0_6004_d6fe_505c_6aeab77b9f12;" title="Manually tagged">N/A</span>(1)</span></div> </div> </td>
<td style="background-color: azure; padding-bottom: 4pt; padding-top: 4pt; vertical-align: Bottom; width: 109.57pt;"> <div style="line-height: 10pt; text-align: left;"> <div style="margin-left: 46.16pt; margin-right: 46.16pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.00pt;"><span class="sec-hidden" style="-sec-ix-hidden: h_26_5700df6a_4292_fd88_ea45_fc89e3074c19;" title="Manually tagged">N/A</span></span></div> </div> </td>
<td style="background-color: azure; padding-bottom: 4pt; padding-top: 4pt; vertical-align: Bottom; width: 71.53pt;"> <div style="line-height: 10pt; text-align: left;"> <div style="margin-left: 1pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.00pt;"><span class="sec-hidden" style="-sec-ix-hidden: h_26_787073c6_c1f5_75db_99d5_a28e5741717b;" title="Manually tagged">N/A</span></span></div> </div> </td> </tr>
<tr style="height: 13pt;">
<td style="background-color: #ffffff; padding-bottom: 4pt; padding-top: 4pt; vertical-align: Bottom; width: 141.72pt;"> <div style="line-height: 10pt; text-align: left;"> <div style="margin-right: 3pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">May 31, 2016</span></div> </div> </td>
<td style="background-color: #ffffff; padding-bottom: 4pt; padding-top: 4pt; vertical-align: Bottom; width: 97pt;"> <div style="line-height: 10pt; text-align: left;"> <div style="margin-left: 20.955pt; margin-right: 20.955pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">$</span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">130,570,046</span></div> </div> </td>
<td style="background-color: #ffffff; padding-bottom: 4pt; padding-top: 4pt; vertical-align: Bottom; width: 96.18pt;"> <div style="line-height: 10pt; text-align: left;"> <div style="margin-left: 31.12pt; margin-right: 31.12pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 5.01pt; margin-right: -2.5pt;"><span class="sec-hidden" style="-sec-ix-hidden: h_26_e64e4a8d_f393_5939_5534_0e8d50f5374b;" title="Manually tagged">N/A</span>(1)</span></div> </div> </td>
<td style="background-color: #ffffff; padding-bottom: 4pt; padding-top: 4pt; vertical-align: Bottom; width: 109.57pt;"> <div style="line-height: 10pt; text-align: left;"> <div style="margin-left: 46.16pt; margin-right: 46.16pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"><span class="sec-hidden" style="-sec-ix-hidden: h_26_7745a167_f95b_5be6_d4f0_d347f546879c;" title="Manually tagged">N/A</span></span></div> </div> </td>
<td style="background-color: #ffffff; padding-bottom: 4pt; padding-top: 4pt; vertical-align: Bottom; width: 71.53pt;"> <div style="line-height: 10pt; text-align: left;"> <div style="margin-left: 1pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"><span class="sec-hidden" style="-sec-ix-hidden: h_26_c7315498_15ac_f408_3b41_478decb3bca9;" title="Manually tagged">N/A</span></span></div> </div> </td> </tr>
<tr style="height: 13pt;">
<td style="background-color: azure; padding-bottom: 4pt; padding-top: 4pt; vertical-align: Bottom; width: 141.72pt;"> <div style="line-height: 10pt; text-align: left;"> <div style="margin-right: 3pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">May 31, 2015</span></div> </div> </td>
<td style="background-color: azure; padding-bottom: 4pt; padding-top: 4pt; vertical-align: Bottom; width: 97pt;"> <div style="line-height: 10pt; text-align: left;"> <div style="margin-left: 20.955pt; margin-right: 20.955pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.00pt;">$</span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">114,758,163</span></div> </div> </td>
<td style="background-color: azure; padding-bottom: 4pt; padding-top: 4pt; vertical-align: Bottom; width: 96.18pt;"> <div style="line-height: 10pt; text-align: left;"> <div style="margin-left: 31.12pt; margin-right: 31.12pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 5.01pt; margin-right: -2.5pt;"><span class="sec-hidden" style="-sec-ix-hidden: h_26_c5c473f6_6275_acd7_e255_48ee07da69fc;" title="Manually tagged">N/A</span>(1)</span></div> </div> </td>
<td style="background-color: azure; padding-bottom: 4pt; padding-top: 4pt; vertical-align: Bottom; width: 109.57pt;"> <div style="line-height: 10pt; text-align: left;"> <div style="margin-left: 46.16pt; margin-right: 46.16pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.00pt;"><span class="sec-hidden" style="-sec-ix-hidden: h_26_3f712cc2_7795_ca09_ea3f_3a4f3efe1536;" title="Manually tagged">N/A</span></span></div> </div> </td>
<td style="background-color: azure; padding-bottom: 4pt; padding-top: 4pt; vertical-align: Bottom; width: 71.53pt;"> <div style="line-height: 10pt; text-align: left;"> <div style="margin-left: 1pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.00pt;"><span class="sec-hidden" style="-sec-ix-hidden: h_26_fec4b63a_7b40_d13e_9b8d_c4c1112814d0;" title="Manually tagged">N/A</span></span></div> </div> </td> </tr>
<tr style="height: 13pt;">
<td style="background-color: #ffffff; padding-bottom: 4pt; padding-top: 4pt; vertical-align: Bottom; width: 141.72pt;"> <div style="line-height: 10pt; text-align: left;"> <div style="margin-right: 3pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">May 31, 2014</span></div> </div> </td>
<td style="background-color: #ffffff; padding-bottom: 4pt; padding-top: 4pt; vertical-align: Bottom; width: 97pt;"> <div style="line-height: 10pt; text-align: left;"> <div style="margin-left: 20.955pt; margin-right: 20.955pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">$</span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 5.01pt;">75,641,024</span></div> </div> </td>
<td style="background-color: #ffffff; padding-bottom: 4pt; padding-top: 4pt; vertical-align: Bottom; width: 96.18pt;"> <div style="line-height: 10pt; text-align: left;"> <div style="margin-left: 31.12pt; margin-right: 31.12pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 5.01pt; margin-right: -2.5pt;"><span class="sec-hidden" style="-sec-ix-hidden: h_26_aec0c12f_d2fc_17ed_7098_0ac739bcebae;" title="Manually tagged">N/A</span>(1)</span></div> </div> </td>
<td style="background-color: #ffffff; padding-bottom: 4pt; padding-top: 4pt; vertical-align: Bottom; width: 109.57pt;"> <div style="line-height: 10pt; text-align: left;"> <div style="margin-left: 46.16pt; margin-right: 46.16pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"><span class="sec-hidden" style="-sec-ix-hidden: h_26_700f5caf_cd67_8576_c097_42297f811d06;" title="Manually tagged">N/A</span></span></div> </div> </td>
<td style="background-color: #ffffff; padding-bottom: 4pt; padding-top: 4pt; vertical-align: Bottom; width: 71.53pt;"> <div style="line-height: 10pt; text-align: left;"> <div style="margin-left: 1pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"><span class="sec-hidden" style="-sec-ix-hidden: h_26_a4cab739_9b5f_4ffb_3146_1920a49c51ff;" title="Manually tagged">N/A</span></span></div> </div> </td> </tr>
<tr style="height: 13pt;">
<td style="background-color: azure; padding-bottom: 4pt; padding-top: 4pt; vertical-align: Bottom; width: 141.72pt;"> <div style="line-height: 10pt; text-align: left;"> <div style="margin-right: 3pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">May 31, 2013</span></div> </div> </td>
<td style="background-color: azure; padding-bottom: 4pt; padding-top: 4pt; vertical-align: Bottom; width: 97pt;"> <div style="line-height: 10pt; text-align: left;"> <div style="margin-left: 20.955pt; margin-right: 20.955pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.00pt;">$</span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 5.01pt;">59,473,742</span></div> </div> </td>
<td style="background-color: azure; padding-bottom: 4pt; padding-top: 4pt; vertical-align: Bottom; width: 96.18pt;"> <div style="line-height: 10pt; text-align: left;"> <div style="margin-left: 31.12pt; margin-right: 31.12pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 5.01pt; margin-right: -2.5pt;"><span class="sec-hidden" style="-sec-ix-hidden: h_26_6a2f2612_df1d_ec72_5962_82adaac0aea6;" title="Manually tagged">N/A</span>(1)</span></div> </div> </td>
<td style="background-color: azure; padding-bottom: 4pt; padding-top: 4pt; vertical-align: Bottom; width: 109.57pt;"> <div style="line-height: 10pt; text-align: left;"> <div style="margin-left: 46.16pt; margin-right: 46.16pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.00pt;"><span class="sec-hidden" style="-sec-ix-hidden: h_26_6bd00195_83da_0c07_8ef0_086bfaa0730d;" title="Manually tagged">N/A</span></span></div> </div> </td>
<td style="background-color: azure; padding-bottom: 4pt; padding-top: 4pt; vertical-align: Bottom; width: 71.53pt;"> <div style="line-height: 10pt; text-align: left;"> <div style="margin-left: 1pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.00pt;"><span class="sec-hidden" style="-sec-ix-hidden: h_26_bbc4eea2_0c58_4404_d9dc_51b73431cdf5;" title="Manually tagged">N/A</span></span></div> </div> </td> </tr>
<tr style="height: 9pt;">
<td style="background-color: #ffffff; padding-bottom: 1.5pt; padding-top: 4pt; vertical-align: Bottom; width: 141.72pt;"> <div style="line-height: 10pt; text-align: left;"> <div style="margin-right: 3pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">May 31, 2012</span></div> </div> </td>
<td style="background-color: #ffffff; padding-bottom: 1.5pt; padding-top: 4pt; vertical-align: Bottom; width: 97pt;"> <div style="line-height: 10pt; text-align: left;"> <div style="margin-left: 20.955pt; margin-right: 20.955pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">$</span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 5.01pt;">53,243,041</span></div> </div> </td>
<td style="background-color: #ffffff; padding-bottom: 1.5pt; padding-top: 4pt; vertical-align: Bottom; width: 96.18pt;"> <div style="line-height: 10pt; text-align: left;"> <div style="margin-left: 31.12pt; margin-right: 31.12pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 5.01pt; margin-right: -2.5pt;"><span class="sec-hidden" style="-sec-ix-hidden: h_26_07df73fe_310e_cde6_2770_57d7884c5fa0;" title="Manually tagged">N/A</span>(1)</span></div> </div> </td>
<td style="background-color: #ffffff; padding-bottom: 1.5pt; padding-top: 4pt; vertical-align: Bottom; width: 109.57pt;"> <div style="line-height: 10pt; text-align: left;"> <div style="margin-left: 46.16pt; margin-right: 46.16pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"><span class="sec-hidden" style="-sec-ix-hidden: h_26_37a68e65_5acd_83df_8c9b_a46712b9f452;" title="Manually tagged">N/A</span></span></div> </div> </td>
<td style="background-color: #ffffff; padding-bottom: 1.5pt; padding-top: 4pt; vertical-align: Bottom; width: 71.53pt;"> <div style="line-height: 10pt; text-align: left;"> <div style="margin-left: 1pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"><span class="sec-hidden" style="-sec-ix-hidden: h_26_bb6ded07_2c46_9f2a_929e_5ab42a042da2;" title="Manually tagged">N/A</span></span></div> </div> </td> </tr> </table>  <div style="float: left; line-height: 10.02pt; margin-left: 14.65pt; text-align: justify; width: 487.00pt;"><span style="color: #000000; font-family: times new roman; font-size: 8.02pt;">As a result of the Fund having earmarked or segregated cash or liquid securities to collateralize the transactions or otherwise having covered the </span><span style="color: #000000; font-family: times new roman; font-size: 8.02pt;">transactions, in accordance with current regulatory requirements under the releases and interpretive letters issued by the SEC and its staff, the Fund does </span><span style="color: #000000; font-family: times new roman; font-size: 8.02pt;">not treat its obligations under such transactions as senior securities representing indebtedness for purposes of the 1940 Act.</span></div> <span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_cef_SeniorSecuritiesNoteTextBlock', window );">Senior Securities, Note [Text Block]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text"> <div style="line-height: 22.02pt; margin-top: 7pt; text-align: center;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-weight: bold; margin-left: 0%; text-transform: uppercase;">SENIOR SECURITIES AND OTHER FINANCIAL LEVERAGE</span></div>  <div style="line-height: 12.02pt; margin-top: 5.00pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;">The following table sets forth information about the Fund&#8217;s outstanding Borrowings-committed facility agreements and </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">reverse repurchase agreements as of the end of the last ten fiscal years. The information in this table for the fiscal years ended </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">2021, 2020, 2019, 2018 and 2017 has been audited by Ernst &amp; Young LLP, independent registered public accounting firm. The </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">Fund&#8217;s audited financial statements appearing in the Fund&#8217;s annual report to shareholders for the year ended May 31, 2021, </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">including the report of Ernst &amp; Young LLP thereon, including accompanying notes thereto, are incorporated by reference in the </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">SAI.</span><span style="color: #000000; font-family: times new roman; font-size: 1pt; line-height: 1pt;">&#8195;</span></div>
<table cellpadding="0" cellspacing="0" style="empty-cells: show; width: 516pt;">
<tr style="height: 20.35pt;">
<td style="background-color: #ffffff; padding-bottom: 3.35pt; padding-top: 3.35pt; vertical-align: Bottom; width: 141.72pt;"> <div style="line-height: 10pt; text-align: left;"> <div style="margin-right: 3pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-weight: bold; margin-left: 0.0pt;">Class and Fiscal Period End</span></div> </div> </td>
<td style="background-color: #ffffff; border-bottom: 0.5pt solid #000000; padding-bottom: 1.35pt; padding-top: 1.35pt; vertical-align: Bottom; width: 97pt;"> <div style="line-height: 13.02pt; text-align: left;"> <div style="margin-left: 1pt; margin-right: 1pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-weight: bold;">Total Principal </span></div> <div style="margin-left: 1pt; margin-right: 1pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-weight: bold;">Amount Outstanding</span></div> </div> </td>
<td style="background-color: #ffffff; border-bottom: 0.5pt solid #000000; padding-bottom: 1.35pt; padding-top: 1.35pt; vertical-align: Bottom; width: 96.18pt;"> <div style="line-height: 13.02pt; text-align: left;"> <div style="margin-left: 1pt; margin-right: 1pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-weight: bold;">Asset Coverage Per </span></div> <div style="margin-left: 1pt; margin-right: 1pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-weight: bold;">$1,000 of Borrowings</span></div> </div> </td>
<td style="background-color: #ffffff; border-bottom: 0.5pt solid #000000; padding-bottom: 1.35pt; padding-top: 1.35pt; vertical-align: Bottom; width: 109.57pt;"> <div style="line-height: 13.02pt; text-align: left;"> <div style="margin-left: 1pt; margin-right: 1pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-weight: bold;">Involuntary Liquidating </span></div> <div style="margin-left: 1pt; margin-right: 1pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-weight: bold;">Preference Per Unit</span></div> </div> </td>
<td style="background-color: #ffffff; border-bottom: 0.5pt solid #000000; padding-bottom: 1.35pt; padding-top: 1.35pt; vertical-align: Bottom; width: 71.53pt;"> <div style="line-height: 13.02pt; text-align: left;"> <div style="margin-left: 1pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-weight: bold;">Average Market </span></div> <div style="margin-left: 1pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-weight: bold;">Value Per Unit</span></div> </div> </td> </tr>
<tr style="height: 12.35pt;">
<td colspan="5" style="background-color: azure; padding-bottom: 4pt; padding-top: 3.35pt; vertical-align: Bottom; width: 516.00pt;"> <div style="line-height: 10pt; text-align: left;"> <div style="margin-right: -2pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-weight: bold; margin-left: 0.0pt;">Borrowings &#8211; Committed Facility Agreement</span></div> </div> </td> </tr>
<tr style="height: 13pt;">
<td style="background-color: #ffffff; padding-bottom: 4pt; padding-top: 4pt; vertical-align: Bottom; width: 141.72pt;"> <div style="line-height: 10pt; text-align: left;"> <div style="margin-right: 3pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">May 31, 2021</span></div> </div> </td>
<td style="background-color: #ffffff; padding-bottom: 4pt; padding-top: 4pt; vertical-align: Bottom; width: 97pt;"> <div style="line-height: 10pt; text-align: left;"> <div style="margin-left: 20.955pt; margin-right: 20.955pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">$</span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 5.01pt;">38,500,690</span></div> </div> </td>
<td style="background-color: #ffffff; padding-bottom: 4pt; padding-top: 4pt; vertical-align: Bottom; width: 96.18pt;"> <div style="line-height: 10pt; text-align: left;"> <div style="margin-left: 31.12pt; margin-right: 31.12pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">$</span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 1.38pt;">23,806</span></div> </div> </td>
<td style="background-color: #ffffff; padding-bottom: 4pt; padding-top: 4pt; vertical-align: Bottom; width: 109.57pt;"> <div style="line-height: 10pt; text-align: left;"> <div style="margin-left: 46.16pt; margin-right: 46.16pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"><span class="sec-hidden" style="-sec-ix-hidden: h_26_a41c652c_397f_cede_b0a2_eaf415fc3535;" title="Manually tagged">N/A</span></span></div> </div> </td>
<td style="background-color: #ffffff; padding-bottom: 4pt; padding-top: 4pt; vertical-align: Bottom; width: 71.53pt;"> <div style="line-height: 10pt; text-align: left;"> <div style="margin-left: 1pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"><span class="sec-hidden" style="-sec-ix-hidden: h_26_35b8d72b_245a_c9b1_8851_ca95bf99d8bc;" title="Manually tagged">N/A</span></span></div> </div> </td> </tr>
<tr style="height: 13pt;">
<td style="background-color: azure; padding-bottom: 4pt; padding-top: 4pt; vertical-align: Bottom; width: 141.72pt;"> <div style="line-height: 10pt; text-align: left;"> <div style="margin-right: 3pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">May 31, 2020</span></div> </div> </td>
<td style="background-color: azure; padding-bottom: 4pt; padding-top: 4pt; vertical-align: Bottom; width: 97pt;"> <div style="line-height: 10pt; text-align: left;"> <div style="margin-left: 20.955pt; margin-right: 20.955pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.00pt;">$</span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 5.01pt;">19,300,000</span></div> </div> </td>
<td style="background-color: azure; padding-bottom: 4pt; padding-top: 4pt; vertical-align: Bottom; width: 96.18pt;"> <div style="line-height: 10pt; text-align: left;"> <div style="margin-left: 31.12pt; margin-right: 31.12pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.00pt;">$</span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 1.38pt;">34,621</span></div> </div> </td>
<td style="background-color: azure; padding-bottom: 4pt; padding-top: 4pt; vertical-align: Bottom; width: 109.57pt;"> <div style="line-height: 10pt; text-align: left;"> <div style="margin-left: 46.16pt; margin-right: 46.16pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.00pt;"><span class="sec-hidden" style="-sec-ix-hidden: h_26_6efe55d0_e2c0_a4b9_05bc_2f3338f7276a;" title="Manually tagged">N/A</span></span></div> </div> </td>
<td style="background-color: azure; padding-bottom: 4pt; padding-top: 4pt; vertical-align: Bottom; width: 71.53pt;"> <div style="line-height: 10pt; text-align: left;"> <div style="margin-left: 1pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.00pt;"><span class="sec-hidden" style="-sec-ix-hidden: h_26_a8255de5_cd82_6080_a548_fc39d25480da;" title="Manually tagged">N/A</span></span></div> </div> </td> </tr>
<tr style="height: 13pt;">
<td style="background-color: #ffffff; padding-bottom: 4pt; padding-top: 4pt; vertical-align: Bottom; width: 141.72pt;"> <div style="line-height: 10pt; text-align: left;"> <div style="margin-right: 3pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">May 31, 2019</span></div> </div> </td>
<td style="background-color: #ffffff; padding-bottom: 4pt; padding-top: 4pt; vertical-align: Bottom; width: 97pt;"> <div style="line-height: 10pt; text-align: left;"> <div style="margin-left: 20.955pt; margin-right: 20.955pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">$</span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 40.06pt;"><span class="sec-hidden" style="-sec-ix-hidden: h_26_feb763ab_a9d4_6ca8_11e4_27a730481d41;" title="Manually tagged">&#8212;</span></span></div> </div> </td>
<td style="background-color: #ffffff; padding-bottom: 4pt; padding-top: 4pt; vertical-align: Bottom; width: 96.18pt;"> <div style="line-height: 10pt; text-align: left;"> <div style="margin-left: 31.12pt; margin-right: 31.12pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">$</span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 18.91pt;"><span class="sec-hidden" style="-sec-ix-hidden: h_26_d8ca5923_da4c_0005_5fa5_deff6337a851;" title="Manually tagged">&#8212;</span></span></div> </div> </td>
<td style="background-color: #ffffff; padding-bottom: 4pt; padding-top: 4pt; vertical-align: Bottom; width: 109.57pt;"> <div style="line-height: 10pt; text-align: left;"> <div style="margin-left: 46.16pt; margin-right: 46.16pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"><span class="sec-hidden" style="-sec-ix-hidden: h_26_e0167e53_64eb_0553_e56d_c0757f733e5c;" title="Manually tagged">N/A</span></span></div> </div> </td>
<td style="background-color: #ffffff; padding-bottom: 4pt; padding-top: 4pt; vertical-align: Bottom; width: 71.53pt;"> <div style="line-height: 10pt; text-align: left;"> <div style="margin-left: 1pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"><span class="sec-hidden" style="-sec-ix-hidden: h_26_71323dac_0dfb_0c79_ca4b_2cbed7278fdf;" title="Manually tagged">N/A</span></span></div> </div> </td> </tr>
<tr style="height: 13pt;">
<td style="background-color: azure; padding-bottom: 4pt; padding-top: 4pt; vertical-align: Bottom; width: 141.72pt;"> <div style="line-height: 10pt; text-align: left;"> <div style="margin-right: 3pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">May 31, 2018</span></div> </div> </td>
<td style="background-color: azure; padding-bottom: 4pt; padding-top: 4pt; vertical-align: Bottom; width: 97pt;"> <div style="line-height: 10pt; text-align: left;"> <div style="margin-left: 20.955pt; margin-right: 20.955pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.00pt;">$</span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 40.06pt;"><span class="sec-hidden" style="-sec-ix-hidden: h_26_1e774b6c_7bcc_6a97_df9a_b4fabd054356;" title="Manually tagged">&#8212;</span></span></div> </div> </td>
<td style="background-color: azure; padding-bottom: 4pt; padding-top: 4pt; vertical-align: Bottom; width: 96.18pt;"> <div style="line-height: 10pt; text-align: left;"> <div style="margin-left: 31.12pt; margin-right: 31.12pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.00pt;">$</span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 18.91pt;"><span class="sec-hidden" style="-sec-ix-hidden: h_26_31681ccb_7c84_3df4_f40e_2d6fa53d9595;" title="Manually tagged">&#8212;</span></span></div> </div> </td>
<td style="background-color: azure; padding-bottom: 4pt; padding-top: 4pt; vertical-align: Bottom; width: 109.57pt;"> <div style="line-height: 10pt; text-align: left;"> <div style="margin-left: 46.16pt; margin-right: 46.16pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.00pt;"><span class="sec-hidden" style="-sec-ix-hidden: h_26_42421524_acc8_59cc_b5c1_723ab379ff93;" title="Manually tagged">N/A</span></span></div> </div> </td>
<td style="background-color: azure; padding-bottom: 4pt; padding-top: 4pt; vertical-align: Bottom; width: 71.53pt;"> <div style="line-height: 10pt; text-align: left;"> <div style="margin-left: 1pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.00pt;"><span class="sec-hidden" style="-sec-ix-hidden: h_26_4f75ee45_656c_f98c_c8aa_2ab88c84816c;" title="Manually tagged">N/A</span></span></div> </div> </td> </tr>
<tr style="height: 13pt;">
<td style="background-color: #ffffff; padding-bottom: 4pt; padding-top: 4pt; vertical-align: Bottom; width: 141.72pt;"> <div style="line-height: 10pt; text-align: left;"> <div style="margin-right: 3pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">May 31, 2017</span></div> </div> </td>
<td style="background-color: #ffffff; padding-bottom: 4pt; padding-top: 4pt; vertical-align: Bottom; width: 97pt;"> <div style="line-height: 10pt; text-align: left;"> <div style="margin-left: 20.955pt; margin-right: 20.955pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">$</span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 5.01pt;">16,704,955</span></div> </div> </td>
<td style="background-color: #ffffff; padding-bottom: 4pt; padding-top: 4pt; vertical-align: Bottom; width: 96.18pt;"> <div style="line-height: 10pt; text-align: left;"> <div style="margin-left: 31.12pt; margin-right: 31.12pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">$</span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 1.38pt;">25,571</span></div> </div> </td>
<td style="background-color: #ffffff; padding-bottom: 4pt; padding-top: 4pt; vertical-align: Bottom; width: 109.57pt;"> <div style="line-height: 10pt; text-align: left;"> <div style="margin-left: 46.16pt; margin-right: 46.16pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"><span class="sec-hidden" style="-sec-ix-hidden: h_26_6ef3704f_4664_387e_651f_90284bc134d0;" title="Manually tagged">N/A</span></span></div> </div> </td>
<td style="background-color: #ffffff; padding-bottom: 4pt; padding-top: 4pt; vertical-align: Bottom; width: 71.53pt;"> <div style="line-height: 10pt; text-align: left;"> <div style="margin-left: 1pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"><span class="sec-hidden" style="-sec-ix-hidden: h_26_f0617c94_bdb3_912e_0413_967539a3d814;" title="Manually tagged">N/A</span></span></div> </div> </td> </tr>
<tr style="height: 13pt;">
<td style="background-color: azure; padding-bottom: 4pt; padding-top: 4pt; vertical-align: Bottom; width: 141.72pt;"> <div style="line-height: 10pt; text-align: left;"> <div style="margin-right: 3pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">May 31, 2016</span></div> </div> </td>
<td style="background-color: azure; padding-bottom: 4pt; padding-top: 4pt; vertical-align: Bottom; width: 97pt;"> <div style="line-height: 10pt; text-align: left;"> <div style="margin-left: 20.955pt; margin-right: 20.955pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.00pt;">$</span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 10.02pt;">9,354,955</span></div> </div> </td>
<td style="background-color: azure; padding-bottom: 4pt; padding-top: 4pt; vertical-align: Bottom; width: 96.18pt;"> <div style="line-height: 10pt; text-align: left;"> <div style="margin-left: 31.12pt; margin-right: 31.12pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.00pt;">$</span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 1.38pt;">34,164</span></div> </div> </td>
<td style="background-color: azure; padding-bottom: 4pt; padding-top: 4pt; vertical-align: Bottom; width: 109.57pt;"> <div style="line-height: 10pt; text-align: left;"> <div style="margin-left: 46.16pt; margin-right: 46.16pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.00pt;"><span class="sec-hidden" style="-sec-ix-hidden: h_26_6fd2340d_ffd5_c504_991b_6b28dd0cc7a9;" title="Manually tagged">N/A</span></span></div> </div> </td>
<td style="background-color: azure; padding-bottom: 4pt; padding-top: 4pt; vertical-align: Bottom; width: 71.53pt;"> <div style="line-height: 10pt; text-align: left;"> <div style="margin-left: 1pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.00pt;"><span class="sec-hidden" style="-sec-ix-hidden: h_26_4d056319_485f_e85e_cd64_c52089771e28;" title="Manually tagged">N/A</span></span></div> </div> </td> </tr>
<tr style="height: 13pt;">
<td style="background-color: #ffffff; padding-bottom: 4pt; padding-top: 4pt; vertical-align: Bottom; width: 141.72pt;"> <div style="line-height: 10pt; text-align: left;"> <div style="margin-right: 3pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">May 31, 2015</span></div> </div> </td>
<td style="background-color: #ffffff; padding-bottom: 4pt; padding-top: 4pt; vertical-align: Bottom; width: 97pt;"> <div style="line-height: 10pt; text-align: left;"> <div style="margin-left: 20.955pt; margin-right: 20.955pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">$</span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 5.01pt;">45,488,955</span></div> </div> </td>
<td style="background-color: #ffffff; padding-bottom: 4pt; padding-top: 4pt; vertical-align: Bottom; width: 96.18pt;"> <div style="line-height: 10pt; text-align: left;"> <div style="margin-left: 31.12pt; margin-right: 31.12pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">$</span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 6.39pt;">8,540</span></div> </div> </td>
<td style="background-color: #ffffff; padding-bottom: 4pt; padding-top: 4pt; vertical-align: Bottom; width: 109.57pt;"> <div style="line-height: 10pt; text-align: left;"> <div style="margin-left: 46.16pt; margin-right: 46.16pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"><span class="sec-hidden" style="-sec-ix-hidden: h_26_ef2acbf1_0d02_1d7e_8d73_a2f818167fc7;" title="Manually tagged">N/A</span></span></div> </div> </td>
<td style="background-color: #ffffff; padding-bottom: 4pt; padding-top: 4pt; vertical-align: Bottom; width: 71.53pt;"> <div style="line-height: 10pt; text-align: left;"> <div style="margin-left: 1pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"><span class="sec-hidden" style="-sec-ix-hidden: h_26_3a966a27_c29b_6d2c_9591_573244e6f123;" title="Manually tagged">N/A</span></span></div> </div> </td> </tr>
<tr style="height: 13pt;">
<td style="background-color: azure; padding-bottom: 4pt; padding-top: 4pt; vertical-align: Bottom; width: 141.72pt;"> <div style="line-height: 10pt; text-align: left;"> <div style="margin-right: 3pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">May 31, 2014</span></div> </div> </td>
<td style="background-color: azure; padding-bottom: 4pt; padding-top: 4pt; vertical-align: Bottom; width: 97pt;"> <div style="line-height: 10pt; text-align: left;"> <div style="margin-left: 20.955pt; margin-right: 20.955pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.00pt;">$</span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 5.01pt;">60,788,955</span></div> </div> </td>
<td style="background-color: azure; padding-bottom: 4pt; padding-top: 4pt; vertical-align: Bottom; width: 96.18pt;"> <div style="line-height: 10pt; text-align: left;"> <div style="margin-left: 31.12pt; margin-right: 31.12pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.00pt;">$</span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 6.39pt;">6,231</span></div> </div> </td>
<td style="background-color: azure; padding-bottom: 4pt; padding-top: 4pt; vertical-align: Bottom; width: 109.57pt;"> <div style="line-height: 10pt; text-align: left;"> <div style="margin-left: 46.16pt; margin-right: 46.16pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.00pt;"><span class="sec-hidden" style="-sec-ix-hidden: h_26_f1187497_3c06_6048_7f1d_bb2bc6264056;" title="Manually tagged">N/A</span></span></div> </div> </td>
<td style="background-color: azure; padding-bottom: 4pt; padding-top: 4pt; vertical-align: Bottom; width: 71.53pt;"> <div style="line-height: 10pt; text-align: left;"> <div style="margin-left: 1pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.00pt;"><span class="sec-hidden" style="-sec-ix-hidden: h_26_40be2675_1d49_e67d_3f01_584643ffaab0;" title="Manually tagged">N/A</span></span></div> </div> </td> </tr>
<tr style="height: 13pt;">
<td style="background-color: #ffffff; padding-bottom: 4pt; padding-top: 4pt; vertical-align: Bottom; width: 141.72pt;"> <div style="line-height: 10pt; text-align: left;"> <div style="margin-right: 3pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">May 31, 2013</span></div> </div> </td>
<td style="background-color: #ffffff; padding-bottom: 4pt; padding-top: 4pt; vertical-align: Bottom; width: 97pt;"> <div style="line-height: 10pt; text-align: left;"> <div style="margin-left: 20.955pt; margin-right: 20.955pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">$</span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 5.01pt;">56,098,955</span></div> </div> </td>
<td style="background-color: #ffffff; padding-bottom: 4pt; padding-top: 4pt; vertical-align: Bottom; width: 96.18pt;"> <div style="line-height: 10pt; text-align: left;"> <div style="margin-left: 31.12pt; margin-right: 31.12pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">$</span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 6.39pt;">6,107</span></div> </div> </td>
<td style="background-color: #ffffff; padding-bottom: 4pt; padding-top: 4pt; vertical-align: Bottom; width: 109.57pt;"> <div style="line-height: 10pt; text-align: left;"> <div style="margin-left: 46.16pt; margin-right: 46.16pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"><span class="sec-hidden" style="-sec-ix-hidden: h_26_7f9eddb5_bb43_9713_5bc1_26a9cd29937e;" title="Manually tagged">N/A</span></span></div> </div> </td>
<td style="background-color: #ffffff; padding-bottom: 4pt; padding-top: 4pt; vertical-align: Bottom; width: 71.53pt;"> <div style="line-height: 10pt; text-align: left;"> <div style="margin-left: 1pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"><span class="sec-hidden" style="-sec-ix-hidden: h_26_a61b6b33_9ede_d800_614c_b0a8cdb0d5b4;" title="Manually tagged">N/A</span></span></div> </div> </td> </tr>
<tr style="height: 13pt;">
<td style="background-color: azure; padding-bottom: 4pt; padding-top: 4pt; vertical-align: Bottom; width: 141.72pt;"> <div style="line-height: 10pt; text-align: left;"> <div style="margin-right: 3pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">May 31, 2012</span></div> </div> </td>
<td style="background-color: azure; padding-bottom: 4pt; padding-top: 4pt; vertical-align: Bottom; width: 97pt;"> <div style="line-height: 10pt; text-align: left;"> <div style="margin-left: 20.955pt; margin-right: 20.955pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.00pt;">$</span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 5.01pt;">30,598,955</span></div> </div> </td>
<td style="background-color: azure; padding-bottom: 4pt; padding-top: 4pt; vertical-align: Bottom; width: 96.18pt;"> <div style="line-height: 10pt; text-align: left;"> <div style="margin-left: 31.12pt; margin-right: 31.12pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.00pt;">$</span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 6.39pt;">7,776</span></div> </div> </td>
<td style="background-color: azure; padding-bottom: 4pt; padding-top: 4pt; vertical-align: Bottom; width: 109.57pt;"> <div style="line-height: 10pt; text-align: left;"> <div style="margin-left: 46.16pt; margin-right: 46.16pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.00pt;"><span class="sec-hidden" style="-sec-ix-hidden: h_26_948ed65d_c95d_edb6_9880_5778caaef224;" title="Manually tagged">N/A</span></span></div> </div> </td>
<td style="background-color: azure; padding-bottom: 4pt; padding-top: 4pt; vertical-align: Bottom; width: 71.53pt;"> <div style="line-height: 10pt; text-align: left;"> <div style="margin-left: 1pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.00pt;"><span class="sec-hidden" style="-sec-ix-hidden: h_26_3670f224_261d_c668_c088_2a3bc7945f37;" title="Manually tagged">N/A</span></span></div> </div> </td> </tr>
<tr style="height: 13pt;">
<td colspan="5" style="background-color: #ffffff; padding-bottom: 4pt; padding-top: 4pt; vertical-align: Bottom; width: 516.00pt;"> <div style="line-height: 10pt; text-align: left;"> <div style="margin-right: -2pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-weight: bold; margin-left: 0.0pt;">Reverse Repurchase Agreements(1)</span></div> </div> </td> </tr>
<tr style="height: 13pt;">
<td style="background-color: azure; padding-bottom: 4pt; padding-top: 4pt; vertical-align: Bottom; width: 141.72pt;"> <div style="line-height: 10pt; text-align: left;"> <div style="margin-right: 3pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">May 31, 2021</span></div> </div> </td>
<td style="background-color: azure; padding-bottom: 4pt; padding-top: 4pt; vertical-align: Bottom; width: 97pt;"> <div style="line-height: 10pt; text-align: left;"> <div style="margin-left: 20.955pt; margin-right: 20.955pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.00pt;">$</span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">335,327,511</span></div> </div> </td>
<td style="background-color: azure; padding-bottom: 4pt; padding-top: 4pt; vertical-align: Bottom; width: 96.18pt;"> <div style="line-height: 10pt; text-align: left;"> <div style="margin-left: 31.12pt; margin-right: 31.12pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 5.01pt; margin-right: -2.5pt;"><span class="sec-hidden" style="-sec-ix-hidden: h_26_7da213e3_40b1_12a6_5f73_bbaaaedafc93;" title="Manually tagged">N/A</span>(1)</span></div> </div> </td>
<td style="background-color: azure; padding-bottom: 4pt; padding-top: 4pt; vertical-align: Bottom; width: 109.57pt;"> <div style="line-height: 10pt; text-align: left;"> <div style="margin-left: 46.16pt; margin-right: 46.16pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.00pt;"><span class="sec-hidden" style="-sec-ix-hidden: h_26_0eee9865_bcc2_69a7_64d0_9f03835625ef;" title="Manually tagged">N/A</span></span></div> </div> </td>
<td style="background-color: azure; padding-bottom: 4pt; padding-top: 4pt; vertical-align: Bottom; width: 71.53pt;"> <div style="line-height: 10pt; text-align: left;"> <div style="margin-left: 1pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.00pt;"><span class="sec-hidden" style="-sec-ix-hidden: h_26_b6dfced1_d198_de24_e2be_3497eb912849;" title="Manually tagged">N/A</span></span></div> </div> </td> </tr>
<tr style="height: 13pt;">
<td style="background-color: #ffffff; padding-bottom: 4pt; padding-top: 4pt; vertical-align: Bottom; width: 141.72pt;"> <div style="line-height: 10pt; text-align: left;"> <div style="margin-right: 3pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">May 31, 2020</span></div> </div> </td>
<td style="background-color: #ffffff; padding-bottom: 4pt; padding-top: 4pt; vertical-align: Bottom; width: 97pt;"> <div style="line-height: 10pt; text-align: left;"> <div style="margin-left: 20.955pt; margin-right: 20.955pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">$</span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 5.01pt;">42,445,822</span></div> </div> </td>
<td style="background-color: #ffffff; padding-bottom: 4pt; padding-top: 4pt; vertical-align: Bottom; width: 96.18pt;"> <div style="line-height: 10pt; text-align: left;"> <div style="margin-left: 31.12pt; margin-right: 31.12pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 5.01pt; margin-right: -2.5pt;"><span class="sec-hidden" style="-sec-ix-hidden: h_26_03015968_3104_f2e1_2361_a4e34989212e;" title="Manually tagged">N/A</span>(1)</span></div> </div> </td>
<td style="background-color: #ffffff; padding-bottom: 4pt; padding-top: 4pt; vertical-align: Bottom; width: 109.57pt;"> <div style="line-height: 10pt; text-align: left;"> <div style="margin-left: 46.16pt; margin-right: 46.16pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"><span class="sec-hidden" style="-sec-ix-hidden: h_26_c2c29e18_1f40_84aa_a3f0_4343be7d682b;" title="Manually tagged">N/A</span></span></div> </div> </td>
<td style="background-color: #ffffff; padding-bottom: 4pt; padding-top: 4pt; vertical-align: Bottom; width: 71.53pt;"> <div style="line-height: 10pt; text-align: left;"> <div style="margin-left: 1pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"><span class="sec-hidden" style="-sec-ix-hidden: h_26_e825aaa2_5fbf_ffb3_d07c_5d85de02f8bf;" title="Manually tagged">N/A</span></span></div> </div> </td> </tr>
<tr style="height: 13pt;">
<td style="background-color: azure; padding-bottom: 4pt; padding-top: 4pt; vertical-align: Bottom; width: 141.72pt;"> <div style="line-height: 10pt; text-align: left;"> <div style="margin-right: 3pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">May 31, 2019</span></div> </div> </td>
<td style="background-color: azure; padding-bottom: 4pt; padding-top: 4pt; vertical-align: Bottom; width: 97pt;"> <div style="line-height: 10pt; text-align: left;"> <div style="margin-left: 20.955pt; margin-right: 20.955pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.00pt;">$</span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 40.06pt;"><span class="sec-hidden" style="-sec-ix-hidden: h_26_b9561568_9675_0134_b5b5_9f08eda50426;" title="Manually tagged">&#8212;</span></span></div> </div> </td>
<td style="background-color: azure; padding-bottom: 4pt; padding-top: 4pt; vertical-align: Bottom; width: 96.18pt;"> <div style="line-height: 10pt; text-align: left;"> <div style="margin-left: 31.12pt; margin-right: 31.12pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 5.01pt; margin-right: -2.5pt;"><span class="sec-hidden" style="-sec-ix-hidden: h_26_ae598643_d275_d152_abac_88944025ccb6;" title="Manually tagged">N/A</span>(1)</span></div> </div> </td>
<td style="background-color: azure; padding-bottom: 4pt; padding-top: 4pt; vertical-align: Bottom; width: 109.57pt;"> <div style="line-height: 10pt; text-align: left;"> <div style="margin-left: 46.16pt; margin-right: 46.16pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.00pt;"><span class="sec-hidden" style="-sec-ix-hidden: h_26_d4e7450e_7e63_7b8c_f154_a0f355f315a2;" title="Manually tagged">N/A</span></span></div> </div> </td>
<td style="background-color: azure; padding-bottom: 4pt; padding-top: 4pt; vertical-align: Bottom; width: 71.53pt;"> <div style="line-height: 10pt; text-align: left;"> <div style="margin-left: 1pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.00pt;"><span class="sec-hidden" style="-sec-ix-hidden: h_26_6b996a4b_9fcd_c410_d016_dbeee44f1c1b;" title="Manually tagged">N/A</span></span></div> </div> </td> </tr>
<tr style="height: 13pt;">
<td style="background-color: #ffffff; padding-bottom: 4pt; padding-top: 4pt; vertical-align: Bottom; width: 141.72pt;"> <div style="line-height: 10pt; text-align: left;"> <div style="margin-right: 3pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">May 31, 2018</span></div> </div> </td>
<td style="background-color: #ffffff; padding-bottom: 4pt; padding-top: 4pt; vertical-align: Bottom; width: 97pt;"> <div style="line-height: 10pt; text-align: left;"> <div style="margin-left: 20.955pt; margin-right: 20.955pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">$</span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 10.02pt;">1,610,022</span></div> </div> </td>
<td style="background-color: #ffffff; padding-bottom: 4pt; padding-top: 4pt; vertical-align: Bottom; width: 96.18pt;"> <div style="line-height: 10pt; text-align: left;"> <div style="margin-left: 31.12pt; margin-right: 31.12pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 5.01pt; margin-right: -2.5pt;"><span class="sec-hidden" style="-sec-ix-hidden: h_26_80da2bcf_deec_1071_693f_59603d1592eb;" title="Manually tagged">N/A</span>(1)</span></div> </div> </td>
<td style="background-color: #ffffff; padding-bottom: 4pt; padding-top: 4pt; vertical-align: Bottom; width: 109.57pt;"> <div style="line-height: 10pt; text-align: left;"> <div style="margin-left: 46.16pt; margin-right: 46.16pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"><span class="sec-hidden" style="-sec-ix-hidden: h_26_513283b0_1ef8_422a_1df2_767bcef6c618;" title="Manually tagged">N/A</span></span></div> </div> </td>
<td style="background-color: #ffffff; padding-bottom: 4pt; padding-top: 4pt; vertical-align: Bottom; width: 71.53pt;"> <div style="line-height: 10pt; text-align: left;"> <div style="margin-left: 1pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"><span class="sec-hidden" style="-sec-ix-hidden: h_26_193826c4_0c4c_4d1a_fdaa_bc791d823505;" title="Manually tagged">N/A</span></span></div> </div> </td> </tr>
<tr style="height: 13pt;">
<td style="background-color: azure; padding-bottom: 4pt; padding-top: 4pt; vertical-align: Bottom; width: 141.72pt;"> <div style="line-height: 10pt; text-align: left;"> <div style="margin-right: 3pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">May 31, 2017</span></div> </div> </td>
<td style="background-color: azure; padding-bottom: 4pt; padding-top: 4pt; vertical-align: Bottom; width: 97pt;"> <div style="line-height: 10pt; text-align: left;"> <div style="margin-left: 20.955pt; margin-right: 20.955pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.00pt;">$</span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 5.01pt;">91,424,819</span></div> </div> </td>
<td style="background-color: azure; padding-bottom: 4pt; padding-top: 4pt; vertical-align: Bottom; width: 96.18pt;"> <div style="line-height: 10pt; text-align: left;"> <div style="margin-left: 31.12pt; margin-right: 31.12pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 5.01pt; margin-right: -2.5pt;"><span class="sec-hidden" style="-sec-ix-hidden: h_26_db5997f0_6004_d6fe_505c_6aeab77b9f12;" title="Manually tagged">N/A</span>(1)</span></div> </div> </td>
<td style="background-color: azure; padding-bottom: 4pt; padding-top: 4pt; vertical-align: Bottom; width: 109.57pt;"> <div style="line-height: 10pt; text-align: left;"> <div style="margin-left: 46.16pt; margin-right: 46.16pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.00pt;"><span class="sec-hidden" style="-sec-ix-hidden: h_26_5700df6a_4292_fd88_ea45_fc89e3074c19;" title="Manually tagged">N/A</span></span></div> </div> </td>
<td style="background-color: azure; padding-bottom: 4pt; padding-top: 4pt; vertical-align: Bottom; width: 71.53pt;"> <div style="line-height: 10pt; text-align: left;"> <div style="margin-left: 1pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.00pt;"><span class="sec-hidden" style="-sec-ix-hidden: h_26_787073c6_c1f5_75db_99d5_a28e5741717b;" title="Manually tagged">N/A</span></span></div> </div> </td> </tr>
<tr style="height: 13pt;">
<td style="background-color: #ffffff; padding-bottom: 4pt; padding-top: 4pt; vertical-align: Bottom; width: 141.72pt;"> <div style="line-height: 10pt; text-align: left;"> <div style="margin-right: 3pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">May 31, 2016</span></div> </div> </td>
<td style="background-color: #ffffff; padding-bottom: 4pt; padding-top: 4pt; vertical-align: Bottom; width: 97pt;"> <div style="line-height: 10pt; text-align: left;"> <div style="margin-left: 20.955pt; margin-right: 20.955pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">$</span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">130,570,046</span></div> </div> </td>
<td style="background-color: #ffffff; padding-bottom: 4pt; padding-top: 4pt; vertical-align: Bottom; width: 96.18pt;"> <div style="line-height: 10pt; text-align: left;"> <div style="margin-left: 31.12pt; margin-right: 31.12pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 5.01pt; margin-right: -2.5pt;"><span class="sec-hidden" style="-sec-ix-hidden: h_26_e64e4a8d_f393_5939_5534_0e8d50f5374b;" title="Manually tagged">N/A</span>(1)</span></div> </div> </td>
<td style="background-color: #ffffff; padding-bottom: 4pt; padding-top: 4pt; vertical-align: Bottom; width: 109.57pt;"> <div style="line-height: 10pt; text-align: left;"> <div style="margin-left: 46.16pt; margin-right: 46.16pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"><span class="sec-hidden" style="-sec-ix-hidden: h_26_7745a167_f95b_5be6_d4f0_d347f546879c;" title="Manually tagged">N/A</span></span></div> </div> </td>
<td style="background-color: #ffffff; padding-bottom: 4pt; padding-top: 4pt; vertical-align: Bottom; width: 71.53pt;"> <div style="line-height: 10pt; text-align: left;"> <div style="margin-left: 1pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"><span class="sec-hidden" style="-sec-ix-hidden: h_26_c7315498_15ac_f408_3b41_478decb3bca9;" title="Manually tagged">N/A</span></span></div> </div> </td> </tr>
<tr style="height: 13pt;">
<td style="background-color: azure; padding-bottom: 4pt; padding-top: 4pt; vertical-align: Bottom; width: 141.72pt;"> <div style="line-height: 10pt; text-align: left;"> <div style="margin-right: 3pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">May 31, 2015</span></div> </div> </td>
<td style="background-color: azure; padding-bottom: 4pt; padding-top: 4pt; vertical-align: Bottom; width: 97pt;"> <div style="line-height: 10pt; text-align: left;"> <div style="margin-left: 20.955pt; margin-right: 20.955pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.00pt;">$</span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">114,758,163</span></div> </div> </td>
<td style="background-color: azure; padding-bottom: 4pt; padding-top: 4pt; vertical-align: Bottom; width: 96.18pt;"> <div style="line-height: 10pt; text-align: left;"> <div style="margin-left: 31.12pt; margin-right: 31.12pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 5.01pt; margin-right: -2.5pt;"><span class="sec-hidden" style="-sec-ix-hidden: h_26_c5c473f6_6275_acd7_e255_48ee07da69fc;" title="Manually tagged">N/A</span>(1)</span></div> </div> </td>
<td style="background-color: azure; padding-bottom: 4pt; padding-top: 4pt; vertical-align: Bottom; width: 109.57pt;"> <div style="line-height: 10pt; text-align: left;"> <div style="margin-left: 46.16pt; margin-right: 46.16pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.00pt;"><span class="sec-hidden" style="-sec-ix-hidden: h_26_3f712cc2_7795_ca09_ea3f_3a4f3efe1536;" title="Manually tagged">N/A</span></span></div> </div> </td>
<td style="background-color: azure; padding-bottom: 4pt; padding-top: 4pt; vertical-align: Bottom; width: 71.53pt;"> <div style="line-height: 10pt; text-align: left;"> <div style="margin-left: 1pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.00pt;"><span class="sec-hidden" style="-sec-ix-hidden: h_26_fec4b63a_7b40_d13e_9b8d_c4c1112814d0;" title="Manually tagged">N/A</span></span></div> </div> </td> </tr>
<tr style="height: 13pt;">
<td style="background-color: #ffffff; padding-bottom: 4pt; padding-top: 4pt; vertical-align: Bottom; width: 141.72pt;"> <div style="line-height: 10pt; text-align: left;"> <div style="margin-right: 3pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">May 31, 2014</span></div> </div> </td>
<td style="background-color: #ffffff; padding-bottom: 4pt; padding-top: 4pt; vertical-align: Bottom; width: 97pt;"> <div style="line-height: 10pt; text-align: left;"> <div style="margin-left: 20.955pt; margin-right: 20.955pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">$</span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 5.01pt;">75,641,024</span></div> </div> </td>
<td style="background-color: #ffffff; padding-bottom: 4pt; padding-top: 4pt; vertical-align: Bottom; width: 96.18pt;"> <div style="line-height: 10pt; text-align: left;"> <div style="margin-left: 31.12pt; margin-right: 31.12pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 5.01pt; margin-right: -2.5pt;"><span class="sec-hidden" style="-sec-ix-hidden: h_26_aec0c12f_d2fc_17ed_7098_0ac739bcebae;" title="Manually tagged">N/A</span>(1)</span></div> </div> </td>
<td style="background-color: #ffffff; padding-bottom: 4pt; padding-top: 4pt; vertical-align: Bottom; width: 109.57pt;"> <div style="line-height: 10pt; text-align: left;"> <div style="margin-left: 46.16pt; margin-right: 46.16pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"><span class="sec-hidden" style="-sec-ix-hidden: h_26_700f5caf_cd67_8576_c097_42297f811d06;" title="Manually tagged">N/A</span></span></div> </div> </td>
<td style="background-color: #ffffff; padding-bottom: 4pt; padding-top: 4pt; vertical-align: Bottom; width: 71.53pt;"> <div style="line-height: 10pt; text-align: left;"> <div style="margin-left: 1pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"><span class="sec-hidden" style="-sec-ix-hidden: h_26_a4cab739_9b5f_4ffb_3146_1920a49c51ff;" title="Manually tagged">N/A</span></span></div> </div> </td> </tr>
<tr style="height: 13pt;">
<td style="background-color: azure; padding-bottom: 4pt; padding-top: 4pt; vertical-align: Bottom; width: 141.72pt;"> <div style="line-height: 10pt; text-align: left;"> <div style="margin-right: 3pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">May 31, 2013</span></div> </div> </td>
<td style="background-color: azure; padding-bottom: 4pt; padding-top: 4pt; vertical-align: Bottom; width: 97pt;"> <div style="line-height: 10pt; text-align: left;"> <div style="margin-left: 20.955pt; margin-right: 20.955pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.00pt;">$</span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 5.01pt;">59,473,742</span></div> </div> </td>
<td style="background-color: azure; padding-bottom: 4pt; padding-top: 4pt; vertical-align: Bottom; width: 96.18pt;"> <div style="line-height: 10pt; text-align: left;"> <div style="margin-left: 31.12pt; margin-right: 31.12pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 5.01pt; margin-right: -2.5pt;"><span class="sec-hidden" style="-sec-ix-hidden: h_26_6a2f2612_df1d_ec72_5962_82adaac0aea6;" title="Manually tagged">N/A</span>(1)</span></div> </div> </td>
<td style="background-color: azure; padding-bottom: 4pt; padding-top: 4pt; vertical-align: Bottom; width: 109.57pt;"> <div style="line-height: 10pt; text-align: left;"> <div style="margin-left: 46.16pt; margin-right: 46.16pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.00pt;"><span class="sec-hidden" style="-sec-ix-hidden: h_26_6bd00195_83da_0c07_8ef0_086bfaa0730d;" title="Manually tagged">N/A</span></span></div> </div> </td>
<td style="background-color: azure; padding-bottom: 4pt; padding-top: 4pt; vertical-align: Bottom; width: 71.53pt;"> <div style="line-height: 10pt; text-align: left;"> <div style="margin-left: 1pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.00pt;"><span class="sec-hidden" style="-sec-ix-hidden: h_26_bbc4eea2_0c58_4404_d9dc_51b73431cdf5;" title="Manually tagged">N/A</span></span></div> </div> </td> </tr>
<tr style="height: 9pt;">
<td style="background-color: #ffffff; padding-bottom: 1.5pt; padding-top: 4pt; vertical-align: Bottom; width: 141.72pt;"> <div style="line-height: 10pt; text-align: left;"> <div style="margin-right: 3pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">May 31, 2012</span></div> </div> </td>
<td style="background-color: #ffffff; padding-bottom: 1.5pt; padding-top: 4pt; vertical-align: Bottom; width: 97pt;"> <div style="line-height: 10pt; text-align: left;"> <div style="margin-left: 20.955pt; margin-right: 20.955pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">$</span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 5.01pt;">53,243,041</span></div> </div> </td>
<td style="background-color: #ffffff; padding-bottom: 1.5pt; padding-top: 4pt; vertical-align: Bottom; width: 96.18pt;"> <div style="line-height: 10pt; text-align: left;"> <div style="margin-left: 31.12pt; margin-right: 31.12pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 5.01pt; margin-right: -2.5pt;"><span class="sec-hidden" style="-sec-ix-hidden: h_26_07df73fe_310e_cde6_2770_57d7884c5fa0;" title="Manually tagged">N/A</span>(1)</span></div> </div> </td>
<td style="background-color: #ffffff; padding-bottom: 1.5pt; padding-top: 4pt; vertical-align: Bottom; width: 109.57pt;"> <div style="line-height: 10pt; text-align: left;"> <div style="margin-left: 46.16pt; margin-right: 46.16pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"><span class="sec-hidden" style="-sec-ix-hidden: h_26_37a68e65_5acd_83df_8c9b_a46712b9f452;" title="Manually tagged">N/A</span></span></div> </div> </td>
<td style="background-color: #ffffff; padding-bottom: 1.5pt; padding-top: 4pt; vertical-align: Bottom; width: 71.53pt;"> <div style="line-height: 10pt; text-align: left;"> <div style="margin-left: 1pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"><span class="sec-hidden" style="-sec-ix-hidden: h_26_bb6ded07_2c46_9f2a_929e_5ab42a042da2;" title="Manually tagged">N/A</span></span></div> </div> </td> </tr> </table>    <div style="float: left; line-height: 10.02pt; margin-left: 14.65pt; text-align: justify; width: 487.00pt;"><span style="color: #000000; font-family: times new roman; font-size: 8.02pt;">As a result of the Fund having earmarked or segregated cash or liquid securities to collateralize the transactions or otherwise having covered the </span><span style="color: #000000; font-family: times new roman; font-size: 8.02pt;">transactions, in accordance with current regulatory requirements under the releases and interpretive letters issued by the SEC and its staff, the Fund does </span><span style="color: #000000; font-family: times new roman; font-size: 8.02pt;">not treat its obligations under such transactions as senior securities representing indebtedness for purposes of the 1940 Act.</span></div>  <span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_cef_SeniorSecuritiesHighlightsAuditedNoteTextBlock', window );">Senior Securities Highlights Audited, Note [Text Block]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">The Fund&#8217;s audited financial statements appearing in the Fund&#8217;s annual report to shareholders for the year ended May 31, 2021, including the report of Ernst &amp; Young LLP thereon, including accompanying notes thereto, are incorporated by reference in the SAI.<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_cef_GeneralDescriptionOfRegistrantAbstract', window );"><strong>General Description of Registrant [Abstract]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_cef_InvestmentObjectivesAndPracticesTextBlock', window );">Investment Objectives and Practices [Text Block]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text"> <div> <span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-weight: bold; margin-left: 0%; text-transform: uppercase;">INVESTMENT OBJECTIVE AND POLICIES</span></div>  <div style="line-height: 12.02pt; margin-top: 4.90pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-weight: bold;">Investment Objective</span></div>  <div style="line-height: 12.02pt; margin-top: 9.90pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;">The Fund&#8217;s investment objective is to maximize total return through a combination of current income and capital </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">appreciation. The Fund&#8217;s investment objective is considered fundamental and may not be changed without the approval of a </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">majority of the outstanding voting securities (as defined in the 1940 Act) of the Fund. The Fund cannot ensure investors that it </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">will achieve its investment objective.</span></div>  <div style="line-height: 12.02pt; margin-top: 10.00pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-weight: bold;">Investment Philosophy and Investment Process</span></div>  <div style="line-height: 12.02pt; margin-top: 10.00pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;">The Fund will pursue a relative value-based investment philosophy, which utilizes quantitative and qualitative analysis to </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">seek to identify securities or spreads between securities that deviate from their perceived fair value and/or historical norms. </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">The </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">Sub-Adviser seeks to combine a credit managed fixed-income portfolio with access to a diversified pool of alternative </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">investments and equity strategies. The Fund&#8217;s investment philosophy is predicated upon the belief that thorough research and </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">independent thought are rewarded with performance that has the potential to outperform benchmark indexes with both lower </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">volatility and lower correlation of returns as compared to such benchmark indexes.</span></div>  <div style="line-height: 12.02pt; margin-top: 10.00pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;">The Sub-Adviser&#8217;s analysis of a fixed-income security&#8217;s credit quality is comprised of multiple elements, including, but </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">not limited to: (i) sector analysis, including regulatory developments and sector health, (ii) collateral, business, and counterparty </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">risk, which includes payment history, collateral performance, and borrower credit profile, (iii) structural analysis, which includes </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">securitization structure review and forms of credit enhancement, and (iv) stress analysis, including historical collateral </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">performance during extreme market stress and identifying tail risks. This analysis is applied against the macroeconomic outlook, </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">geopolitical issues as well as considerations that more directly affect the company&#8217;s industry to determine the Sub-Adviser&#8217;s </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">internal judgment as to the security&#8217;s credit quality. In addition to the process described above, the Sub-Adviser selects securities </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">using a rigorous portfolio construction approach to tightly control independent risk exposures such as fixed income sector </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">weights, sector specific yield curves, credit spreads, prepayment risks, and other risk exposures the Sub-Adviser deems relevant. </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">Within those risk constraints, the Sub-Adviser estimates the relative value of different securities to select individual securities </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">that, in the Sub-Adviser&#8217;s judgment, may provide risk-adjusted outperformance.</span></div>  <div style="line-height: 12.02pt; margin-top: 10.00pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;">The Sub-Adviser&#8217;s process for determining whether to buy a security is a collaborative effort between various groups </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">including: (i) economic research, which focus on key economic themes and trends, regional and country-specific analysis, and </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">assessments of event-risk and policy impacts on asset prices, (ii) the Portfolio Construction Group, which utilize proprietary </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">portfolio construction and risk modeling tools to determine allocation of assets among a variety of sectors, (iii) its Sector </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">Specialists, who are responsible for identifying investment opportunities in particular securities within these sectors, including </span></div>  <div style="line-height: 12.02pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">the structuring of certain securities directly with the issuers or with investment banks and dealers involved in the origination of </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">such securities, and (iv) portfolio managers, who determine which securities best fit the Fund based on the Fund&#8217;s investment </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">objective and top-down sector allocations. In managing the Fund, the Sub-Adviser uses a process for selecting securities for </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">purchase and sale that is based on intensive credit research and involves extensive due diligence on each issuer, region and </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">sector. The Sub-Adviser also considers macroeconomic outlook and geopolitical issues.</span></div>  <div style="line-height: 12.02pt; margin-top: 9.70pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 31pt;">The Sub-Adviser generally decides which securities to sell for the Fund based on one of three factors:</span></div>  <div style="float: left; line-height: 12.02pt; margin-left: 20.49pt; text-align: justify; width: 451.00pt;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">In the Sub-Adviser&#8217;s judgment, the relative value measure of the instrument no longer indicates that the </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">instrument is cheap relative to similar instruments and a substitution of the instrument with a similar but cheaper </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">instrument enhances the risk-adjusted return potential of the portfolio.</span></div>  <div style="float: left; line-height: 12.02pt; margin-left: 20.49pt; text-align: justify; width: 451.00pt;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">The Sub-Adviser&#8217;s fundamental analysis suggests that the embedded credit risk in an instrument has increased and </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">the instrument no longer properly compensates the holder for this increased risk.</span></div>  <div style="float: left; line-height: 12.02pt; margin-left: 20.49pt; text-align: justify; width: 451.00pt;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">The Sub-Adviser&#8217;s fundamental sector allocation decisions result in the rebalancing of existing positions to </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">achieve the Sub-Adviser&#8217;s desired sector exposures.</span></div>  <div style="line-height: 12.02pt; margin-top: 9.70pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-weight: bold;">Investment Policies</span></div>  <div style="line-height: 12.02pt; margin-top: 9.70pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;">The Fund will seek to achieve its investment objective by investing in a wide range of fixed-income and other debt and </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">senior equity securities (&#8220;Income Securities&#8221;) selected from a variety of sectors, including, but not limited to, U.S. government </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">and agency securities, corporate bonds, loans and loan participations, structured finance investments (including residential and </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">commercial mortgage-related securities, asset-backed securities, collateralized debt obligations and risk-linked securities), </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">mezzanine and preferred securities and convertible securities. </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">The Fund may invest in non-U.S. dollar-denominated Income </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">Securities issued by sovereign entities and corporations, including Income Securities of issuers in emerging market countries. </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">The Fund may invest in Income Securities of any credit quality, including, without limitation, Income Securities rated below-investment</span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"> grade (commonly referred to as &#8220;high-yield&#8221; or &#8220;junk&#8221; bonds), which are considered speculative with respect to the </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">issuer&#8217;s capacity to pay interest and repay principal.</span></div>  <div style="line-height: 12.02pt; margin-top: 9.70pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;">The Fund may also invest in common stocks, limited liability company interests, trust certificates and other equity </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">investments (&#8220;Common Equity Securities&#8221;) that the Sub-Adviser believes offer attractive yield and/or capital appreciation </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">potential. As part of its Common Equity Securities strategy, the Fund currently intends to employ a strategy of writing </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">(selling) covered call options and may, from time to time, buy or sell put options on individual Common Equity Securities. In </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">addition to its covered call option strategy, the Fund may, to a lesser extent, pursue a strategy that includes the sale (writing) of </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">both covered call and put options on indices of securities and sectors of securities.</span></div>  <div style="line-height: 12.02pt; margin-top: 9.71pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;">The Fund may allocate its assets among a wide variety of Income Securities and Common Equity Securities, provided </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">that, under normal market conditions, the Fund will not invest more than:</span></div>  <div style="float: left; line-height: 12.02pt; margin-left: 20.49pt; text-align: left; width: 451.00pt;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">50% of its total assets in Common Equity Securities consisting of common stock;</span></div>  <div style="float: left; line-height: 12.02pt; margin-left: 20.49pt; text-align: justify; width: 451.00pt;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">30% of its total assets in other investment companies, including registered investment companies, private </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">investment funds and/or other pooled investment vehicles;</span></div>  <div style="float: left; line-height: 12.02pt; margin-left: 20.49pt; text-align: justify; width: 451.00pt;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">20% of its total assets in non-U.S. dollar-denominated Income Securities of corporate and governmental issuers </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">located outside the United States; and</span></div>  <div style="float: left; line-height: 12.02pt; margin-left: 20.49pt; text-align: left; width: 451.00pt;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">10% of its total assets in Income Securities of issuers in emerging markets.</span></div>  <div style="line-height: 12.02pt; margin-top: 9.80pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;">The percentage of the Fund&#8217;s total assets allocated to any category of investment may at any given time be significantly </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">less than the percentage permitted pursuant to the above referenced investment policies.</span></div>  <div style="line-height: 12.02pt; margin-top: 9.80pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;">These policies may be changed by the Board of Trustees, but no change is anticipated. If the Fund&#8217;s policies change, the </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">Fund will provide shareholders at least 60 days&#8217; prior written notice before implementation of the change.</span></div>  <div style="line-height: 12.02pt; margin-top: 9.80pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;">Percentage limitations described in this Prospectus are as of the time of investment by the Fund and could thereafter be </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">exceeded as a result of market value fluctuations of the Fund&#8217;s portfolio.</span></div>  <div style="line-height: 12.02pt; margin-top: 9.80pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-style: italic; margin-left: 29pt;">Credit Quality</span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">. The Fund may invest without limitation in securities rated below-investment grade (e.g., securities rated </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">below Baa3 by Moody&#8217;s Investors Service, Inc. (&#8220;Moody&#8217;s&#8221;), below BBB- by Standard &amp; Poor&#8217;s Ratings Group (&#8220;S&amp;P&#8221;) or Fitch </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">Ratings (&#8220;Fitch&#8221;) or comparably rated by another nationally recognized statistical rating organization) or, if unrated, determined </span></div>  <div style="line-height: 12.02pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">by the Sub-Adviser to be of comparable quality. Securities rated below-investment grade are commonly referred to as &#8220;high-yield&#8221;</span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"> or &#8220;junk bonds&#8221; and are considered speculative with respect to the issuer&#8217;s capacity to pay interest and repay principal. </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">The Fund&#8217;s investments in any of the sectors and types of Income Securities in which the Fund may invest may include, without </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">limitation, below investment grade securities. Lower grade securities may be particularly susceptible to economic downturns. It </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">is likely that an economic recession could severely disrupt the market for such securities and may have an adverse effect on the </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">value of such securities. In addition, it is likely that any such economic downturn could adversely affect the ability of the issuers </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">of such securities to repay principal and pay interest thereon and increase the incidence of default for such securities.</span></div>  <div style="line-height: 12.02pt; margin-top: 10.30pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;">The Fund is not required to dispose of a security if an NRSRO or the Sub-Adviser downgrades its assessment of that </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">security. In determining whether to retain or sell a security that an NRSRO or the Sub-Adviser has downgraded, the Sub-Adviser </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">may consider such factors as its assessment of the credit quality of the security, the price at which the security could be sold, and </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">the rating, if any, assigned to the security by other ratings agencies. When the Sub-Adviser believes it to be in the best interests </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">of the Fund&#8217;s shareholders, the Fund will reduce its investment in lower grade securities and, in certain market conditions, the </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">Fund may invest none of its assets in lower grade securities.</span></div>  <div style="line-height: 12.02pt; margin-top: 10.30pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;">Rating agencies, such as Moody&#8217;s or S&amp;P, are private services that provide ratings of the credit quality of debt </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">obligations. Ratings assigned by an NRSRO are not absolute standards of credit quality but represent the opinion of the NRSRO </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">as to the quality of the obligation. Ratings do not evaluate market risks or the liquidity of securities. Rating agencies may fail to </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">make timely changes in credit ratings and an issuer&#8217;s current financial condition may be better or worse than a rating indicates. </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">To the extent that the issuer of a security pays an NRSRO for the analysis of its security, an inherent conflict of interest may </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">exist that could affect the reliability of the rating. Ratings are relative and subjective and, although ratings may be useful in </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">evaluating the safety of interest and principal payments, they do not evaluate the market value risk of such obligations. Although </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">these ratings may be an initial criterion for selection of portfolio investments, the Sub-Adviser also will independently evaluate </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">these securities and the ability of the issuers of such securities to pay interest and principal. To the extent that the Fund invests in </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">unrated lower grade securities, the Fund&#8217;s ability to achieve its investment objective will be more dependent on the Sub-Adviser&#8217;s</span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"> credit analysis than would be the case when the Fund invests in rated securities.</span></div>  <div style="line-height: 12.02pt; margin-top: 10.30pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;">Please refer to Appendix A to the SAI for more information regarding Moody&#8217;s and S&amp;P&#8217;s ratings of fixed-income </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">securities.</span></div> <span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_cef_RiskFactorsTableTextBlock', window );">Risk Factors [Table Text Block]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text"><div style="line-height: 22.02pt; margin-top: 6.99pt; text-align: center;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-weight: bold; margin-left: 0%; text-transform: uppercase;">RISKS</span></div><div style="line-height: 12.02pt; margin-top: 5.00pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-style: italic; margin-left: 29pt;">Investors should consider the following risk factors and special considerations associated with investing in the Fund. </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-style: italic;">Investors should be aware that in light of the current uncertainty, volatility and distress in economies, financial markets, and </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-style: italic;">labor and health conditions over the world, the risks below are heightened significantly compared to normal conditions and </span></div><div style="line-height: 12.02pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-style: italic;">therefore subject the Fund&#8217;s investments and a shareholder&#8217;s investment in the Fund to elevated investment risk, including the </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-style: italic;">possible loss of the entire principal amount invested. The fact that a particular risk below is not specifically identified as being </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-style: italic;">heightened under current conditions does not mean that the risk is not greater than under normal conditions.</span></div><div style="line-height: 12.02pt; margin-top: 9.80pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-weight: bold;">Not a Complete Investment Program</span></div><div style="line-height: 12.02pt; margin-top: 9.80pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;">An investment in the Common Shares of the Fund should not be considered a complete investment program. The Fund is </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">intended for long-term investors seeking current income and capital appreciation. An investment in the Fund is not meant to </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">provide a vehicle for those who wish to play short-term swings in the market. Each Common Shareholder should take into </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">account the Fund&#8217;s investment objective as well as the Common Shareholder&#8217;s other investments when considering an investment </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">in the Fund. Before making an investment decision, a prospective investor should consider (i) the suitability of this investment </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">with respect to his or her investment objectives and personal situation and (ii) factors such as his or her personal net worth, </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">income, age, risk tolerance and liquidity needs.</span></div><div style="line-height: 12.02pt; margin-top: 9.90pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-weight: bold;">Investment and Market Risk</span></div><div style="line-height: 12.02pt; margin-top: 9.90pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;">An investment in the Common Shares of the Fund is subject to investment risk, particularly under current economic, </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">financial, labor and health conditions, including the possible loss of the entire principal amount that you invest. </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">The global </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">ongoing crisis caused by the outbreak of COVID-19 and the current recovery underway is causing disruption to consumer </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">demand and economic output and supply chains. There are still travel restrictions and quarantines, and adverse impacts on local </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">and global economies. Investors should be aware that in light of the current uncertainty, volatility and distress in economies, </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">financial markets, and labor and public health conditions around the world, the Fund&#8217;s investments and a shareholder&#8217;s </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">investment in the Fund are subject to sudden and substantial losses, increased volatility and other adverse events. Firms through </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">which investors invest with the Fund, the Fund, its service providers, the markets in which it invests and market intermediaries </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">are also impacted by and similar measures intended to respond to and contain the ongoing pandemic, which can obstruct their </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">functioning and subject them to heightened operational and other risks. It is unknown how long current circumstances will </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">persist, whether they will reoccur in the future and whether efforts to support the economy and financial markets will be </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">successful.</span></div><div style="line-height: 12.02pt; margin-top: 9.90pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;">An investment in the Common Shares of the Fund represents an indirect investment in the securities owned by the Fund. </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">The value of, or income generated by, the investments held by the Fund are subject to the possibility of rapid and unpredictable </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">fluctuation. These movements may result from factors affecting individual companies, or from broader influences, including real </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">or perceived changes in prevailing interest rates, changes in inflation or expectations about inflation, investor confidence or </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">economic, political, social or financial market conditions, natural/environmental disasters, , cyber-attacks, terrorism, </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">governmental or quasi-governmental actions, public health emergencies (such as the spread of infectious diseases, pandemics </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">and epidemics) and other similar events, that each of which may be temporary or last for extended periods. For example, the </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">risks of a borrower&#8217;s default or bankruptcy or non-payment of scheduled interest or principal payments from senior floating rate </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">interests held by the Fund are especially acute under these conditions. Furthermore, interest rates and bond yields may fall as a </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">result of types of events, including responses by governmental entities to such events, which would magnify the Fund&#8217;s fixed-income</span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"> instruments&#8217; susceptibility to interest rate risk and diminish their yield and performance. Moreover, the Fund&#8217;s </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">investments in ABS are subject to many of the same risks that are applicable to investments in securities generally, including </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">interest rate risk, credit risk, foreign currency risk, below-investment grade securities risk, financial leverage risk, prepayment </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">and regulatory risk, which would be elevated under the foregoing circumstances.</span></div><div style="line-height: 12.02pt; margin-top: 9.90pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;">Different sectors, industries and security types may react differently to such developments and, when the market performs </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">well, there is no assurance that the Fund&#8217;s investments will increase in value along with the broader markets. Volatility of </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">financial markets, including potentially extreme volatility caused by the events described above or other events, can expose the </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">Fund to greater market risk than normal, possibly resulting in greatly reduced liquidity. Moreover, changing economic, political, </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">social or financial market conditions in one country or geographic region could adversely affect the value, yield and return of </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">the investments held by the Fund in a different country or geographic region because of the increasingly interconnected global </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">economies and financial markets. The Adviser potentially could be prevented from considering, managing and executing </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">investment decisions at an advantageous time or price or at all as a result of any domestic or global market or other disruptions, </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">particularly disruptions causing heightened market volatility and reduced market liquidity, such as the current conditions, which </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">have also resulted in impediments to the normal functioning of workforces, including personnel and systems of the Fund&#8217;s </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">service providers and market intermediaries. The value of the securities owned by the Fund may decline due to general market </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">conditions that are not specifically related to a particular issuer, such as real or perceived economic conditions, changes in </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">interest or currency rates or changes in investor sentiment or market outlook generally.</span></div><div style="line-height: 12.02pt; margin-top: 9.90pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;">At any point in time, your Common Shares may be worth less than your original investment, including the reinvestment </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">of Fund dividends and distributions.</span></div><div style="line-height: 12.02pt; margin-top: 10pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-weight: bold;">Management Risk</span></div><div style="line-height: 12.02pt; margin-top: 10.30pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;">The Fund is subject to management risk because it has an actively managed portfolio. The Sub-Adviser will apply </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">investment techniques and risk analysis in making investment decisions for the Fund, but there can be no guarantee that these </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">will produce the desired results. The Fund&#8217;s allocation of its investments across various asset classes and sectors may vary </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">significantly over time based on the Adviser&#8217;s analysis and judgment. As a result, the particular risks most relevant to an </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">investment in the Fund, as well as the overall risk profile of the Fund&#8217;s portfolio, may vary over time.</span></div><div style="line-height: 12.02pt; margin-top: 10.30pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-weight: bold;">Income Risk</span></div><div style="line-height: 12.02pt; margin-top: 10.30pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;">The income investors receive from the Fund is based primarily on the interest it earns from its investments in Income </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">Securities, which can vary widely over the short- and long-term. If prevailing market interest rates drop, investors&#8217; income from </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">the Fund could drop as well. The Fund&#8217;s income could also be affected adversely when prevailing short-term interest rates </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">increase and the Fund is utilizing leverage, although this risk is mitigated to the extent the Fund invests in floating-rate </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">obligations.</span></div><div style="line-height: 12.02pt; margin-top: 10.30pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-weight: bold;">Dividend Risk</span></div><div style="line-height: 12.02pt; margin-top: 10.30pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;">Dividends on common stock and other Common Equity Securities which the Fund may hold are not fixed but are </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">declared at the discretion of an issuer&#8217;s board of directors. There is no guarantee that the issuers of the Common Equity </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">Securities in which the Fund invests will declare dividends in the future or that, if declared, they will remain at current levels or </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">increase over time. </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">Therefore, there is the possibility that such companies could reduce or eliminate the payment of dividends in </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">the future or the anticipated acceleration of dividends could not occur as a result of, among other things, a sharp rise in interest </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">rates or an economic downturn. Changes in the dividend policies of companies and capital resources available for these </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">companies&#8217; dividend payments may adversely affect the Fund. Depending upon market conditions, dividend-paying stocks that </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">meet the Fund&#8217;s investment criteria may not be widely available and/or may be highly concentrated in only a few market sectors. </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">These circumstances may result from issuer-specific events, adverse economic or market developments, or legislative or </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">regulatory changes or other developments that limit an issuer&#8217;s ability to declare and pay dividends, which would affect the </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">Fund&#8217;s performance and ability to generate income. The dividend income from the Fund&#8217;s investment in Common Equity </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">Securities will be influenced by both general economic activity and issuer-specific factors. In the event of adverse changes in </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">economic conditions or adverse events effecting a specific industry or issuer, the issuers of the Common Equity Securities held </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">by the Fund may reduce the dividends paid on such securities.</span></div><div style="line-height: 12.02pt; margin-top: 10.30pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-weight: bold;">Income Securities Risk</span></div><div style="line-height: 12.02pt; margin-top: 10.30pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;">In addition to the risks discussed above, Income Securities, including high-yield bonds, are subject to certain risks, </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">including:</span></div><div style="line-height: 12.02pt; margin-top: 10.30pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-style: italic; margin-left: 29pt;">Issuer Risk</span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">. The value of Income Securities may decline for a number of reasons which directly relate to the issuer, such </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">as management performance, financial leverage, reduced demand for the issuer&#8217;s goods and services, historical and projected </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">earnings, and the value of its assets.</span></div> <div style="line-height: 12.02pt; margin-top: 10.30pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-style: italic; margin-left: 29pt;">Spread Risk</span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">. Spread risk is the risk that the market price can change due to broad based movements in spreads, which is </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">particularly relevant in the current low spread environment.</span></div> <div style="line-height: 12.02pt; margin-top: 10.30pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-style: italic;">Credit Risk</span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">. The Fund could lose money if the issuer or guarantor of a debt instrument or a counterparty to a derivatives </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">transaction or other transaction (such as a repurchase agreement or a loan of portfolio securities or other instruments) is unable </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">or unwilling, or perceived to be unable or unwilling, to pay interest or repay principal on time or defaults. If an issuer fails to pay </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">interest, the Fund&#8217;s income would likely be reduced, and if an issuer fails to repay principal, the value of the instrument likely </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">would fall and the Fund could lose money. This risk is especially acute with respect to below investment grade debt instruments </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">(commonly referred to as &#8220;high-yield&#8221; or &#8220;junk&#8221; bonds) and unrated high risk debt instruments, whose issuers are particularly </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">susceptible to fail to meet principal or interest obligations under current conditions. Also, the issuer, guarantor or counterparty </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">may suffer adverse changes in its financial condition or be adversely affected by economic, political or social conditions that </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">could lower the credit quality (or the market&#8217;s perception of the credit quality) of the issuer or instrument, leading to greater </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">volatility in the price of the instrument and in shares of the Fund. Although credit quality may not accurately reflect the true </span></div><div style="line-height: 12.02pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">credit risk of an instrument, a change in the credit quality rating of an instrument or an issuer can have a rapid, adverse effect on </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">the instrument&#8217;s liquidity and make it more difficult for the Fund to sell at an advantageous price or time. The risk of the </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">occurrence of these types of events is heightened under current conditions.</span></div><div style="line-height: 12.02pt; margin-top: 9.61pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;">The degree of credit risk depends on the particular instrument and the financial condition of the issuer, guarantor or </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">counterparty, which are often reflected in its credit quality. Credit quality is a measure of the issuer&#8217;s expected ability to make all </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">required interest and principal payments in a timely manner. An issuer with the highest credit rating has a very strong capacity </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">with respect to making all payments. An issuer with the second-highest credit rating has a strong capacity to make all payments, </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">but the degree of safety is somewhat less. An issuer with the lowest credit quality rating may be in default or have extremely </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">poor prospects of making timely payment of interest and principal. Credit ratings assigned by rating agencies are based on a </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">number of factors and subjective judgments and therefore do not necessarily represent an issuer&#8217;s actual financial condition or </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">the volatility or liquidity of the security. Although higher-rated securities generally present lower credit risk as compared to </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">lower-rated or unrated securities, an issuer with a high credit rating may in fact be exposed to heightened levels of credit or </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">liquidity risk.</span></div><div style="line-height: 12.02pt; margin-top: 9.60pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;">In addition, during recent conditions, many issuers have been unprofitable, have had little cash on hand and/or unable to </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">pay the interest owed on their debt obligations and the number of such issuers may increase if demand for their goods and </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">services falls, borrowing costs rise due to governmental action or inaction or for other reasons. Also, the issuer, guarantor or </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">counterparty may suffer adverse changes in its financial condition or reduced demand for its goods and services or be adversely </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">affected by economic, political, public health or social conditions that could lower the credit quality (or the market&#8217;s perception </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">of the credit quality) of the issuer or instrument, leading to greater volatility in the price of the instrument and in shares of the </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">Fund.</span></div><div style="line-height: 12.02pt; margin-top: 9.60pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;">If an issuer, guarantor or counterparty declares bankruptcy or is declared bankrupt, the Fund would likely be adversely </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">affected in its ability to receive principal or interest owed or otherwise to enforce the financial obligations of the other party. The </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">Fund may be subject to increased costs associated with the bankruptcy process and experience losses as a result of the </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">deterioration of the financial condition of the issuer, guarantor or counterparty. The risks to the Fund related to such </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">bankruptcies are elevated given the currently distressed economic, market, labor and public health conditions and would likely </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">be elevated under similar circumstances in the future.</span></div><div style="line-height: 12.02pt; margin-top: 9.70pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-style: italic; margin-left: 29pt;">Interest Rate Risk</span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">. Fixed-income and other debt instruments are subject to the possibility that interest rates could change </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">(or are expected to change). Changes in interest rates, including changes in reference rates used in fixed-income and other debt </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">instruments (such as LIBOR), may adversely affect the Fund&#8217;s investments in these instruments, such as the value or liquidity of, </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">and income generated by, the investments. In addition, changes in interest rates, including rates that fall below zero, can have </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">unpredictable effects on markets and can adversely affect the Fund&#8217;s yield, income and performance.</span></div><div style="line-height: 12.02pt; margin-top: 9.70pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;">The value of a debt instrument with a longer duration will generally be more sensitive to interest rate changes than a </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">similar instrument with a shorter duration. Similarly, the longer the average duration (whether positive or negative) of these </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">instruments held by the Fund or to which the Fund is exposed (i.e., the longer the average portfolio duration of the Fund), the </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">more the Fund&#8217;s NAV will likely fluctuate in response to interest rate changes. Duration is a measure used to determine the </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">sensitivity of a security&#8217;s price to changes in interest rates that incorporates a security&#8217;s yield, coupon, final maturity and call </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">features, among other characteristics. For example, the NAV per share of a bond fund with an average duration of eight years </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">would be expected to fall approximately 8% if interest rates rose by one percentage point.</span></div><div style="line-height: 12.02pt; margin-top: 9.70pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;">However, measures such as duration may not accurately reflect the true interest rate sensitivity of instruments held by the </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">Fund and, in turn, the Fund&#8217;s susceptibility to changes in interest rates. Certain fixed-income and debt instruments are subject to </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">the risk that the issuer may exercise its right to redeem (or call) the instrument earlier than anticipated. Although an issuer may </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">call an instrument for a variety of reasons, if an issuer does so during a time of declining interest rates, the Fund might have to </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">reinvest the proceeds in an investment offering a lower yield or other less favorable features, and therefore might not benefit </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">from any increase in value as a result of declining interest rates. Interest only or principal only securities and inverse floaters are </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">particularly sensitive to changes in interest rates, which may impact the income generated by the security and other features of </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">the security.</span></div><div style="line-height: 12.02pt; margin-top: 9.71pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;">Adjustable rate securities also react to interest rate changes in a similar manner as fixed-rate securities but generally to a </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">lesser degree depending on the characteristics of the security, in particular its reset terms (i.e., the index chosen, frequency of </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">reset and reset caps or floors). During periods of rising interest rates, because changes in interest rates on adjustable rate </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">securities may lag behind changes in market rates, the value of such securities may decline until their interest rates reset to </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">market rates. These securities also may be subject to limits on the maximum increase in interest rates. During periods of </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">declining interest rates, because the interest rates on adjustable rate securities generally reset downward, their market value is </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">unlikely to rise to the same extent as the value of comparable fixed rate securities. These securities may not be subject to limits </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">on downward adjustments of interest rates.</span></div><div style="line-height: 12.02pt; margin-top: 10pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;">During periods of rising interest rates, issuers of debt securities or asset-backed securities may pay principal later or more </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">slowly than expected, which may reduce the value of the Fund&#8217;s investment in such securities and may prevent the Fund from </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">receiving higher interest rates on proceeds reinvested in other instruments. During periods of falling interest rates, issuers of </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">debt securities or asset-backed securities may pay off debts more quickly or earlier than expected, which could cause the Fund to </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">be unable to recoup the full amount of its initial investment and/or cause the Fund to reinvest in lower-yielding securities, </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">thereby reducing the Fund&#8217;s yield or otherwise adversely impacting the Fund.</span></div><div style="line-height: 12.02pt; margin-top: 9.80pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;">Certain debt instruments, such as instruments with a negative duration or inverse instruments, are also subject to interest </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">rate risk, although such instruments generally react differently to changes in interest rates than instruments with positive </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">durations. The Fund&#8217;s investments in these instruments also may be adversely affected by changes in interest rates. For example, </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">the value of instruments with negative durations, such as inverse floaters, generally decrease if interest rates decline.</span></div><div style="line-height: 12.02pt; margin-top: 9.90pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;">The Fund&#8217;s use of leverage will tend to increase Common Share interest rate risk. The Fund may utilize certain strategies, </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">including taking positions in futures or interest rate swaps, for the purpose of reducing the interest rate sensitivity of credit </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">securities held by the Fund and decreasing the Fund&#8217;s exposure to interest rate risk. The Fund is not required to hedge its </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">exposure to interest rate risk and may choose not to do so. In addition, there is no assurance that any attempts by the Fund to </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">reduce interest rate risk will be successful or that any hedges that the Fund may establish will perfectly correlate with </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">movements in interest rates.</span></div><div style="line-height: 12.02pt; margin-top: 9.90pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-style: italic; margin-left: 29pt;">Current Fixed-Income and Debt Market Conditions</span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">. Fixed-income and debt market conditions are highly unpredictable </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">and some parts of the market are subject to dislocations. In response to the crisis initially caused by the outbreak of COVID-19, </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">as with other serious economic disruptions, governmental authorities and regulators have enacted or are enacting significant </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">fiscal and monetary policy changes, including direct capital infusions into companies, new monetary programs and considerable </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">interest rate changes. These actions present heightened risks to fixed-income and debt instruments, and such risks could be even </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">further heightened if these actions are unexpectedly or suddenly reversed or are ineffective in achieving their desired outcomes. </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">In light of these actions and current conditions, interest rates and bond yields in the United States and many other countries are </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">at or near historic lows, and in some cases, such rates and yields are or have been negative. The current very low or negative </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">interest rates are magnifying the Fund&#8217;s susceptibility to interest rate risk and diminishing yield and performance. In addition, </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">the current environment is exposing fixed-income and debt markets to significant volatility and reduced liquidity for the Fund&#8217;s </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">investments. These or similar conditions may also occur in the future.</span></div><div style="line-height: 12.02pt; margin-top: 9.90pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-style: italic; margin-left: 29pt;">Corporate Bond Risk</span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">. The market value of a corporate bond may be affected by factors directly related to the issuer, such </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">as investors&#8217; perceptions of the creditworthiness of the issuer, the issuer&#8217;s financial performance, perceptions of the issuer in the </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">market place, performance of management of the issuer, the issuer&#8217;s capital structure and use of financial leverage and demand </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">for the issuer&#8217;s goods and services. There is a risk that the issuers of corporate bonds may not be able to meet their obligations </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">on interest or principal payments at the time called for by an instrument or at all. Corporate bonds of below investment grade </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">quality are often high risk and have speculative characteristics and may be particularly susceptible to adverse issuer-specific and </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">other developments.</span></div><div style="line-height: 12.02pt; margin-top: 9.90pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-style: italic; margin-left: 29pt;">Reinvestment Risk</span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">. Reinvestment risk is the risk that income from the Fund&#8217;s portfolio will decline if the Fund invests the </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">proceeds from matured, traded or called Income Securities at market interest rates that are below the Fund portfolio&#8217;s current </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">earnings rate. A decline in income could affect the Common Shares&#8217; market price or the overall return of the Fund.</span></div><div style="line-height: 12.02pt; margin-top: 9.90pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-style: italic; margin-left: 29pt;">Extension Risk</span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">. Certain debt instruments, including mortgage- and other asset-backed securities, are subject to the risk </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">that payments on principal may occur at a slower rate or later than expected. In this event, the expected maturity could lengthen </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">as short or intermediate-term instruments become longer-term instruments, which would make the investment more sensitive to </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">changes in interest rates. The likelihood that payments on principal will occur at a slower rate or later than expected is </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">heightened under the current conditions. In addition, the Fund&#8217;s investment may sharply decrease in value and the Fund&#8217;s income </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">from the investment may quickly decline. These types of instruments are particularly subject to extension risk, and offer less </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">potential for gains, during periods of rising interest rates. In addition, the Fund may be delayed in its ability to reinvest income </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">or proceeds from these instruments in potentially higher yielding investments, which would adversely affect the Fund to the </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">extent its investments are in lower interest rate debt instruments. Thus, changes in interest rates may cause volatility in the value </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">of and income received from these types of debt instruments.</span></div><div style="line-height: 12.02pt; margin-top: 9.90pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-style: italic; margin-left: 29pt;">Prepayment Risk</span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">. Certain debt instruments, including loans and mortgage- and other asset-backed securities, are subject </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">to the risk that payments on principal may occur more quickly or earlier than expected (or an investment is converted or </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">redeemed prior to maturity).&#160;For example, an issuer may exercise its right to redeem outstanding debt securities prior to their </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">maturity (known as a &#8220;call&#8221;) or otherwise pay principal earlier than expected for a number of reasons (e.g., declining interest </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">rates, changes in credit spreads and improvements in the issuer&#8217;s credit quality).If an issuer calls or &#8220;prepays&#8221; a security in which </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">the Fund has invested, the Fund may not recoup the full amount of its initial investment and may be required to reinvest in </span></div><div style="line-height: 12.02pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">generally lower-yielding securities, securities with greater credit risks or securities with other, less favorable features or terms </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">than the security in which the Fund initially invested, thus potentially reducing the Fund&#8217;s yield.&#160;Income Securities frequently </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">have call features that allow the issuer to repurchase the security prior to its stated maturity. Loans and mortgage- and other </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">asset-backed securities are particularly subject to prepayment risk, and offer less potential for gains, during periods of declining </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">interest rates (or narrower spreads) as issuers of higher interest rate debt instruments pay off debts earlier than expected. In </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">addition, the Fund may lose any premiums paid to acquire the investment. Other factors, such as excess cash flows, may also </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">contribute to prepayment risk.&#160;Thus, changes in interest rates may cause volatility in the value of and income received from these </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">types of debt instruments.</span></div><div style="line-height: 12.02pt; margin-top: 9.80pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;">Variable or floating rate investments may be less vulnerable to prepayment risk. Most floating rate loans and fixed-income</span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"> securities allow for prepayment of principal without penalty. Accordingly, the potential for the value of a floating rate </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">loan or security to increase in response to interest rate declines is limited. Corporate loans or fixed-income securities purchased </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">to replace a prepaid corporate loan or security may have lower yields than the yield on the prepaid corporate loan or security.</span></div><div style="line-height: 12.02pt; margin-top: 9.90pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-style: italic; margin-left: 29pt;">Liquidity Risk</span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">. The Fund may invest without limitation in Income Securities for which there is no readily available </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">trading market or which are unregistered, restricted or otherwise illiquid, including certain high-yield securities. The Fund may </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">invest in privately issued securities of both public and private companies, which may be illiquid. Securities of below investment </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">grade quality tend to be less liquid than investment grade debt securities, and securities of financial distressed or bankrupt </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">issuers may be particularly illiquid. Loans typically are not registered with the SEC and are not listed on any securities exchange </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">and may at times be illiquid. Loan investments through participations and assignments are typically illiquid. Structured finance </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">securities are typically privately offered and sold, and thus are not registered under the securities laws. As a result, investments in </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">structured finance securities may be characterized by the Fund as illiquid securities; however, an active dealer market may exist </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">which would allow such securities to be considered liquid in some circumstances. The securities and obligations of foreign </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">issuers, particular issuers in emerging markets, may be more likely to experience periods of illiquidity. Derivative instruments, </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">particularly privately-negotiated or OTC derivatives, may be illiquid, although can be no assurance that a liquid market will exist </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">when the Fund seeks to close out an exchange-traded derivative position.</span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; line-height: 12.02pt;"> </span></div><div style="line-height: 12.02pt; margin-top: 9.90pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;">The Fund may not be able to readily dispose of illiquid securities and obligations at prices that approximate those at </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">which the Fund could sell such securities and obligations if they were more widely traded and, as a result of such illiquidity, the </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">Fund may have to sell other investments or engage in borrowing transactions if necessary to raise cash to meet its obligations. As </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">a result, the Fund may be unable to achieve its desired level of exposure to certain issuers, asset classes or sectors. The capacity </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">of market makers of fixed-income and other debt instruments has not kept pace with the consistent growth in these markets over </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">the past three decades, which has led to reduced levels in the capacity of these market makers to engage in trading and, as a </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">result, dealer inventories of corporate fixed-income, floating rate and certain other debt instruments are at or near historic lows </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">relative to market size. In addition, limited liquidity could affect the market price of Income Securities, thereby adversely </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">affecting the Fund&#8217;s NAV and ability to make distributions. Dislocations in certain parts of markets are resulting in reduced </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">liquidity for certain investments. It is uncertain when financial markets will improve. Liquidity of financial markets may also be </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">affected by government intervention.</span></div><div style="line-height: 12.02pt; margin-top: 9.90pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-style: italic; margin-left: 29pt;">Valuation of Certain Income Securities Risk</span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">. The Sub-Adviser may use the fair value method to value investments if </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">market quotations for them are not readily available or are deemed unreliable, or if events occurring after the close of a securities </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">market and before the Fund values its assets would materially affect net asset value. Because the secondary markets for certain </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">investments may be limited, they may be difficult to value. Where market quotations are not readily available, valuation may </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">require more research than for more liquid investments. In addition, elements of judgment may play a greater role in valuation in </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">such cases than for investments with a more active secondary market because there is less reliable objective data available. A </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">security that is fair valued may be valued at a price higher or lower than the value determined by other funds using their own fair </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">valuation procedures. Prices obtained by the Fund upon the sale of such securities may not equal the value at which the Fund </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">carried the investment on its books, which would adversely affect the net asset value of the Fund.</span></div><div style="line-height: 12.02pt; margin-top: 9.90pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-style: italic; margin-left: 29pt;">Duration and Maturity Risk</span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">. The Fund has no set policy regarding portfolio maturity or duration. Holding long duration </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">and long maturity investments will expose the Fund to certain magnified risks. These risks include interest rate risk, credit risk </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">and liquidity risks as discussed above. Generally speaking, the longer the duration of the Fund&#8217;s portfolio, the more exposure the </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">Fund will have to interest rate risk described above.</span></div><div style="line-height: 12.02pt; margin-top: 9.90pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-weight: bold;">Below-Investment Grade Securities Risk</span></div><div style="line-height: 12.02pt; margin-top: 9.90pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;">The Fund may invest in Income Securities rated below-investment grade or, if unrated, determined by the Sub-Adviser to </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">be of comparable credit quality, which are commonly referred to as &#8220;high-yield&#8221; or &#8220;junk&#8221; bonds. Investment in securities of </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">below-investment grade quality involves substantial risk of loss, the risk of which is particularly acute under current conditions. </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">Income Securities of below-investment grade quality are predominantly speculative with respect to the issuer&#8217;s capacity to pay </span></div><div style="line-height: 12.02pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">interest and repay principal when due and therefore involve a greater risk of default or decline in market value due to adverse </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">economic and issuer-specific developments. Securities of below investment grade quality may involve a greater risk of default or </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">decline in market value due to adverse economic and issuer-specific developments, such as operating results and outlook and to </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">real or perceived adverse economic and competitive industry conditions. Generally, the risks associated with high yield </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">securities are heightened during times of weakening economic conditions or rising interest rates (particularly for issuers that are </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">highly leveraged) and are therefore heightened under current conditions. If the Fund is unable to sell an investment at its desired </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">time, the Fund may miss other investment opportunities while it holds investments it would prefer to sell, which could adversely </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">affect the Fund&#8217;s performance. In addition, the liquidity of any Fund investment may change significantly over time as a result of </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">market, economic, trading, issuer-specific and other factors. Accordingly, the performance of the Fund and a shareholder&#8217;s </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">investment in the Fund may be adversely affected if an issuer is unable to pay interest and repay principal, either on time or at </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">all. Issuers of below investment grade securities are not perceived to be as strong financially as those with higher credit ratings. </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">These issuers are more vulnerable to financial setbacks and recessions or other adverse economic developments than more </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">creditworthy issuers, which may impair their ability to make interest and principal payments. Income Securities of below-investment</span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"> grade quality display increased price sensitivity to changing interest rates and to a deteriorating economic </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">environment. The market values, total return and yield for securities of below investment grade quality tend to be more volatile </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">than the market values, total return and yield for higher quality bonds. Securities of below investment grade quality tend to be </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">less liquid than investment grade debt securities and therefore more difficult to value accurately and sell at an advantageous </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">price or time and may involve greater transactions costs and wider bid/ask spreads, than higher-quality securities. To the extent </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">that a secondary market does exist for certain below investment grade securities, the market for them may be subject to irregular </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">trading activity, wide bid/ask spreads and extended trade settlement periods. Because of the substantial risks associated with </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">investments in below investment grade securities, you could have an increased risk of losing money on your investment in </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">Common Shares, both in the short-term and the long-term. To the extent that the Fund invests in securities that have not been </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">rated by an NRSRO, the Fund&#8217;s ability to achieve its investment objectives will be more dependent on the Adviser&#8217;s credit </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">analysis than would be the case when the Fund invests in rated securities.</span></div><div style="line-height: 12.02pt; margin-top: 10.30pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;">Successful investment in lower-medium and lower-rated debt securities may involve greater investment risk and is highly </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">dependent on the Adviser&#8217;s credit analysis. The value of securities of below investment grade quality is particularly vulnerable to </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">changes in interest rates and a real or perceived economic downturn or higher interest rates could cause a decline in prices of </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">such securities by lessening the ability of issuers to make principal and interest payments. These securities are often thinly traded </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">or subject to irregular trading and can be more difficult to sell and value accurately than higher-quality securities because there </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">tends to be less public information available about these securities. Because objective pricing data may be less available, </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">judgment may play a greater role in the valuation process. In addition, the entire below investment grade market can experience </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">sudden and sharp price swings due to a variety of factors, including changes in economic forecasts, stock market activity, large </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">or sustained sales by major investors, a high-profile default, or a change in the market&#8217;s psychology. Adverse conditions could </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">make it difficult at times for the Fund to sell certain securities or could result in lower prices than those used in calculating the </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">Fund&#8217;s NAV.</span></div><div style="line-height: 12.02pt; margin-top: 10.30pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-weight: bold;">Structured Finance Investments Risk</span></div><div style="line-height: 12.02pt; margin-top: 10.29pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;">The Fund&#8217;s structured finance investments may include residential and commercial mortgage-related and other ABS </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">issued by governmental entities and private issuers. Holders of structured finance investments bear risks of the underlying </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">investments, index or reference obligation and are subject to counterparty risk. </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">The Fund may have the right to receive payments </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">only from the structured product, and generally does not have direct rights against the issuer or the entity that sold the assets to </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">be securitized. While certain structured finance investments enable the investor to acquire interests in a pool of securities </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">without the brokerage and other expenses associated with directly holding the same securities, investors in structured finance </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">investments generally pay their share of the structured product&#8217;s administrative and other expenses. Although it is difficult to </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">accurately predict whether the prices of indices and securities underlying structured finance investments will rise or fall, these </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">prices (and, therefore, the prices of structured finance investments) will be influenced by the same types of political, economic </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">and other events that affect issuers of securities and capital markets generally. If the issuer of a structured product uses shorter </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">term financing to purchase longer term securities, the issuer may be forced to sell its securities at below market prices if it </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">experiences difficulty in obtaining short-term financing, which may adversely affect the value of the structured finance </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">investment owned by the Fund.</span></div><div style="line-height: 12.02pt; margin-top: 10.30pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;">The Fund may invest in structured finance products collateralized by low grade or defaulted loans or securities. </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">Investments in such structured finance products are subject to the risks associated with below investment grade securities. Such </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">securities are characterized by high risk. It is likely that an economic recession could severely disrupt the market for such </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">securities and may have an adverse impact on the value of such securities.</span></div><div style="line-height: 12.02pt; margin-top: 10pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;">The Fund may invest in senior and subordinated classes issued by structured finance vehicles. The payment of cash flows </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">from the underlying assets to senior classes take precedence over those of subordinated classes, and therefore subordinated </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">classes are subject to greater risk. Furthermore, the leveraged nature of subordinated classes may magnify the adverse impact on </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">such class of changes in the value of the assets, changes in the distributions on the assets, defaults and recoveries on the assets, </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">capital gains and losses on the assets, prepayment on assets and availability, price and interest rates of assets.</span></div><div style="line-height: 12.02pt; margin-top: 9.90pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;">Structured finance securities may be thinly traded or have a limited trading market. Structured finance securities are </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">typically privately offered and sold, and thus are not registered under the securities laws. As a result, investments in structured </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">finance securities may be characterized by the Fund as illiquid securities; however, an active dealer market may exist which </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">would allow such securities to be considered liquid in some circumstances.</span></div><div style="line-height: 12.02pt; margin-top: 9.90pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-weight: bold;">Mortgage-Backed Securities Risk</span></div><div style="line-height: 12.02pt; margin-top: 9.90pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;">Mortgage-backed securities (&#8220;MBS&#8221;) represent an interest in a pool of mortgages. MBS are subject to certain risks, such </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">as: credit risk associated with the performance of the underlying mortgage properties and of the borrowers owning these </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">properties; risks associated with their structure and execution (including the collateral, the process by which principal and </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">interest payments are allocated and distributed to investors and how credit losses affect the return to investors in such MBS); </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">risks associated with the servicer of the underlying mortgages; adverse changes in economic conditions and circumstances, </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">which are more likely to have an adverse impact on MBS secured by loans on certain types of commercial properties than on </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">those secured by loans on residential properties; prepayment risk, which can lead to significant fluctuations in the value of the </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">MBS; loss of all or part of the premium, if any, paid; and decline in the market value of the security, whether resulting from </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">changes in interest rates, prepayments on the underlying mortgage collateral or perceptions of the credit risk associated with the </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">underlying mortgage collateral. </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">The value of MBS may be substantially dependent on the servicing of the underlying pool of </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">mortgages. In addition, the Fund&#8217;s level of investment in MBS of a particular type or in MBS issued or guaranteed by affiliated </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">obligors, serviced by the same servicer or backed by underlying collateral located in a specific geographic region, may subject </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">the Fund to additional risk.</span></div><div style="line-height: 12.02pt; margin-top: 9.90pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;">When market interest rates decline, more mortgages are refinanced and the securities are paid off earlier than expected. </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">Prepayments may also occur on a scheduled basis or due to foreclosure. When market interest rates increase, the market values </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">of MBS decline. At the same time, however, mortgage refinancings and prepayments slow, which lengthens the effective </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">maturities of these securities. As a result, the negative effect of the rate increase on the market value of MBS is usually more </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">pronounced than it is for other types of debt securities. In addition, due to increased instability in the credit markets, the market </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">for some MBS has experienced reduced liquidity and greater volatility with respect to the value of such securities, making it </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">more difficult to value such securities. The Fund may invest in sub-prime mortgages or MBS that are backed by sub-prime </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">mortgages or defaulted or nonperforming loans.</span></div><div style="line-height: 12.02pt; margin-top: 9.90pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;">Additional risks relating to investments in mortgage-backed securities may arise because of the type of mortgage-backed </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">securities in which the Fund invests, defined by the assets collateralizing the mortgage-backed securities. For example, CMOs </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">may have complex or highly variable prepayment terms, such as companion classes, interest only or principal only payments, </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">inverse floaters and residuals. These investments generally entail greater market, prepayment and liquidity risks than other </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">mortgage-backed securities, and may be more volatile or less liquid than other mortgage-backed securities. These risks are </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">heightened under the currently distressed economic, market, labor and public health conditions.</span></div><div style="line-height: 12.02pt; margin-top: 9.90pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;">Moreover, the relationship between prepayments and interest rates may give some high-yielding MBS less potential for </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">growth in value than conventional bonds with comparable maturities. In addition, during periods of falling interest rates, the rate </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">of prepayment tends to increase. During such periods, the reinvestment of prepayment proceeds by the Fund will generally be at </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">lower rates than the rates that were carried by the obligations that have been prepaid. Because of these and other reasons, MBS&#8217;s </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">total return and maturity may be difficult to predict precisely. To the extent that the Fund purchases MBS at a premium, </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">prepayments (which may be made without penalty) may result in loss of the Fund&#8217;s principal investment to the extent of </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">premium paid.</span></div><div style="line-height: 12.02pt; margin-top: 10.00pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;">MBS generally are classified as either CMBS or residential mortgage-backed securities RMBS, each of which are </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">subject to certain specific risks.</span></div><div style="line-height: 12.02pt; margin-top: 10.00pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-style: italic; margin-left: 29pt;">Commercial Mortgage-Backed Securities Risk</span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">. The market for CMBS developed more recently and, in terms of total </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">outstanding principal amount of issues, is relatively small compared to the market for MBS. CMBS are subject to particular </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">risks, such as those associated with lack of standardized terms, shorter maturities than residential mortgage loans and payment </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">of all or substantially all of the principal only at maturity rather than regular amortization of principal. In addition, commercial </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">lending generally is viewed as exposing the lender to a greater risk of loss than residential lending. Commercial lending </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">typically involves larger loans to single borrowers or groups of related borrowers than residential mortgage loans. In addition, </span></div><div style="line-height: 12.02pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">the repayment of loans secured by income producing properties typically is dependent upon the successful operation of the </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">related real estate project and the cash flow generated therefrom. Net operating income of an income- producing property can be </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">affected by, among other things: tenant mix, success of tenant businesses, property management decisions, property location and </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">condition, competition from comparable types of properties, changes in laws that increase operating expense or limit rents that </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">may be charged, any need to address environmental contamination at the property, the occurrence of any uninsured casualty at </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">the property, changes in national, regional or local economic conditions and/or specific industry segments, declines in regional </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">or local real estate values, declines in regional or local rental or occupancy rates, increases in interest rates, real estate tax rates </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">and other operating expenses, change in governmental rules, regulations and fiscal policies, including environmental legislation, </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">acts of God, terrorism, social unrest and civil disturbances.</span></div><div style="line-height: 12.02pt; margin-top: 10.29pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;">Consequently, adverse changes in economic conditions and circumstances are more likely to have an adverse impact on </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">MBS secured by loans on commercial properties than on those secured by loans on residential properties. Economic downturns, </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">rises in unemployment and other events, such as public health emergencies, that limit the activities of and demand for </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">commercial retail and office spaces (such as the current COVID-19 crisis) adversely impact the value of such securities. </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">Additional risks may be presented by the type and use of a particular commercial property. Special risks are presented by </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">hospitals, nursing homes, hospitality properties and certain other property types. Commercial property values and net operating </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">income are subject to volatility, which may result in net operating income becoming insufficient to cover debt service on the </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">related mortgage loan. The exercise of remedies and successful realization of liquidation proceeds relating to CMBS may be </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">highly dependent on the performance of the servicer or special servicer. There may be a limited number of special servicers </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">available, particularly those that do not have conflicts of interest.</span></div><div style="line-height: 12.02pt; margin-top: 10.30pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-style: italic; margin-left: 29pt;">Residential Mortgage-Backed Securities Risk</span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">. Credit-related risk on RMBS arises from losses due to delinquencies and </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">defaults by the borrowers in payments on the underlying mortgage loans and breaches by originators and servicers of their </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">obligations under the underlying documentation pursuant to which the RMBS are issued. The rate of delinquencies and defaults </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">on residential mortgage loans and the aggregate amount of the resulting losses will be affected by a number of factors, including </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">general economic conditions, particularly those in the area where the related mortgaged property is located, the level of the </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">borrower&#8217;s equity in the mortgaged property and the individual financial circumstances of the borrower. If a residential mortgage </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">loan is in default, foreclosure on the related residential property may be a lengthy and difficult process involving significant </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">legal and other expenses. The net proceeds obtained by the holder on a residential mortgage loan following the foreclosure on </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">the related property may be less than the total amount that remains due on the loan. The prospect of incurring a loss upon the </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">foreclosure of the related property may lead the holder of the residential mortgage loan to restructure the residential mortgage </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">loan or otherwise delay the foreclosure process. These risks are elevated given the current distressed economic, market, public </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">health and labor conditions, notably, increased levels of unemployment relative to recent years, delays and delinquencies in </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">payments of mortgage and rent obligations, and uncertainty regarding the effects and extent of government intervention with </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">respect to mortgage payments and other economic matters.</span></div><div style="line-height: 12.02pt; margin-top: 10.30pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-style: italic; margin-left: 29pt;">Sub-Prime Mortgage Market Risk</span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">. The residential mortgage market in the United States has experienced difficulties that </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">may adversely affect the performance and market value of certain mortgages and MBS. Delinquencies and losses on residential </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">mortgage loans (especially sub-prime and second-lien mortgage loans) generally have increased at times and may again </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">increase, and a decline in or flattening of housing values (as has been experienced at times and may again be experienced in </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">many housing markets) may exacerbate such delinquencies and losses. Borrowers with adjustable rate mortgage loans are more </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">sensitive to changes in interest rates, which affect their monthly mortgage payments, and may be unable to secure replacement </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">mortgages at comparably low interest rates. Also, a number of residential mortgage loan originators have experienced serious </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">financial difficulties or bankruptcy. Largely due to the foregoing, reduced investor demand for mortgage loans and MBS and </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">increased investor yield requirements caused limited liquidity in the secondary market for certain MBS, which can adversely </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">affect the market value of MBS. It is possible that such limited liquidity in such secondary markets could continue or worsen. If </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">the economy of the United States deteriorates further, the incidence of mortgage foreclosures, especially sub-prime mortgages, </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">may increase, which may adversely affect the value of any MBS owned by the Fund.</span></div><div style="line-height: 12.02pt; margin-top: 10.30pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;">Any increase in prevailing market interest rates, which are currently near historical lows, may result in increased </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">payments for borrowers who have adjustable rate mortgages. Moreover, with respect to hybrid mortgage loans after their initial </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">fixed rate period, interest-only products or products having a lower rate, and with respect to mortgage loans with a negative </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">amortization feature which reach their negative amortization cap, borrowers may experience a substantial increase in their </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">monthly payment even without an increase in prevailing market interest rates. Increases in payments for borrowers may result in </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">increased rates of delinquencies and defaults on residential mortgage loans underlying the RMBS.</span></div><div style="line-height: 12.02pt; margin-top: 10pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;">The significance of the mortgage crisis and loan defaults in residential mortgage loan sectors led to the enactment of </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">numerous pieces of legislation relating to the mortgage and housing markets. These actions, along with future legislation or </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">regulation, may have significant impacts on the mortgage market generally and may result in a reduction of available </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">transactional opportunities for the Fund or an increase in the cost associated with such transactions and may adversely impact </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">the value of RMBS.</span></div><div style="line-height: 12.02pt; margin-top: 9.81pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;">During the mortgage crisis, a number of originators and servicers of residential and commercial mortgage loans, </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">including some of the largest originators and servicers in the residential and commercial mortgage loan market, experienced </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">serious financial difficulties. Such difficulties may affect the performance of non-agency RMBS and CMBS. There can be no </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">assurance that originators and servicers of mortgage loans will not continue to experience serious financial difficulties or </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">experience such difficulties in the future, including becoming subject to bankruptcy or insolvency proceedings, or that </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">underwriting procedures and policies and protections against fraud will be sufficient in the future to prevent such financial </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">difficulties or significant levels of default or delinquency on mortgage loans.</span></div><div style="line-height: 12.02pt; margin-top: 9.90pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-weight: bold;">Asset-Backed Securities Risk</span></div><div style="line-height: 12.02pt; margin-top: 9.90pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;">ABS are a form of structured debt obligation. In addition to the general risks associated with credit securities discussed </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">herein, ABS are subject to additional risks. </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">While traditional fixed-income securities typically pay a fixed rate of interest until </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">maturity, when the entire principal amount is due, an ABS represents an interest in a pool of assets, such as automobile loans, </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">credit card receivables, unsecured consumer loans or student loans, that has been securitized and provides for monthly payments </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">of interest, at a fixed or floating rate, and principal from the cash flow of these assets. This pool of assets (and any related assets </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">of the issuing entity) is the only source of payment for the ABS. The ability of an ABS issuer to make payments on the ABS, and </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">the timing of such payments, is therefore dependent on collections on these underlying assets. The recoveries on the underlying </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">collateral may not, in some cases, be sufficient to support payments on these securities, which may result in losses to investors in </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">an ABS.</span></div><div style="line-height: 12.02pt; margin-top: 9.90pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;">Generally, obligors may prepay the underlying assets in full or in part at any time, subjecting the Fund to prepayment risk </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">related to the ABS it holds. While the expected repayment streams on ABS are determined by the contractual amortization </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">schedules for the underlying assets, an investor&#8217;s yield to maturity on an ABS is uncertain and may be reduced by the rate and </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">speed of prepayments of the underlying assets, which may be influenced by a variety of economic, social and other factors. Any </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">prepayments, repurchases, purchases or liquidations of the underlying assets could shorten the average life of the ABS to an </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">extent that cannot be fully predicted. Some ABS may be structured to include a period of rapid amortization triggered by events </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">such as a significant rise in the default rate of the underlying collateral, a sharp drop in the credit enhancement level because of </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">credit losses on the underlying assets, a specified regulatory event or the bankruptcy of the originator. A rapid amortization </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">event will cause any revolving period to end earlier than expected and all collections on the underlying assets will be used to pay </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">principal to investors earlier than expected. In general, the senior most securities will be paid prior to any payments being made </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">on the subordinated securities, and if such payments are made earlier than expected, the Fund&#8217;s yield on such ABS may be </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">negatively affected.</span></div><div style="line-height: 12.02pt; margin-top: 9.90pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-weight: bold;">CLO, CDO and CBO Risk</span></div><div style="line-height: 12.02pt; margin-top: 9.90pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;">In addition to the general risks associated with credit securities discussed herein, CLOs, CDOs and CBOs are subject to </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">additional risks. CLOs, CDOs and CBOs are subject to risks because of the involvement of multiple transaction parties related </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">to the underlying collateral and disruptions that may occur as a result of the restructuring or insolvency of the underlying </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">obligors, which are generally corporate obligors. </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">Unlike a consumer obligor that is generally obligated to make payments on the </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">collateral backing an ABS, the obligor on the collateral backing a CLO, a CDO or a CBO may have more effective defenses or </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">resources to cause a delay in payment or restructure the underlying obligation. If an obligor is permitted to restructure its </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">obligations, distributions from collateral securities may not be adequate to make interest or other payments.</span></div><div style="line-height: 12.02pt; margin-top: 9.90pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;">The performance of CLOs, CDOs and CBOs depends primarily upon the quality of the underlying assets and the level of </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">credit support or enhancement in the structure and the relative priority of the interest in the issuer of the CLO, CDO or CBO </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">purchased by the Fund. In general, CLOs, CDOs and CBOs are actively managed by an asset manager that is responsible for </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">evaluating and acquiring the assets that will collateralize the CLO, CDO or CBO. The asset manager may have difficulty in </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">identifying assets that satisfy the eligibility criteria for the assets and may be restricted from trading the collateral. These criteria, </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">restrictions and requirements, while reducing the overall risk to the Fund, may limit the ability of the Adviser to maximize </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">returns on the CLOs, CDOs and CBOs if an opportunity is identified by the collateral manager. In addition, other parties </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">involved in CLOs, CDOs and CBOs, such as credit enhancement providers and investors in senior obligations of the CLO, CDO </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">or CBO may have the right to control the activities and discretion of the Adviser in a manner that is adverse to the interests of </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">the Fund. A CLO, CDO or CBO generally includes provisions that alter the priority of payments if performance metrics related </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">to the underlying collateral, such as interest coverage and minimum overcollateralization, are not met.</span></div><div style="line-height: 12.02pt; margin-top: 10pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;">These provisions may cause delays in payments on the securities or an increase in prepayments depending on the relative </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">priority of the securities owned by the Fund. The failure of a CLO, CDO or CBO to make timely payments on a particular </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">tranche may have an adverse effect on the liquidity and market value of such tranche.</span></div><div style="line-height: 12.02pt; margin-top: 9.90pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;">Payments to holders of CLOs, CDOs and CBOs may be subject to deferral. If cashflows generated by the underlying </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">assets are insufficient to make all current and, if applicable, deferred payments on the CLOs, CDOs and CBOs, no other assets </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">will be available for payment of the deficiency and, following realization of the underlying assets, the obligations of the issuer to </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">pay such deficiency will be extinguished.</span></div><div style="line-height: 12.02pt; margin-top: 9.90pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;">The value of securities issued by CLOs, CDOs and CBOs also may change because of, among other things, changes in </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">market value; changes in the market&#8217;s perception of the creditworthiness of the servicer of the assets, the originator of an asset in </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">the pool, or the financial institution or fund providing credit support or enhancement; loan performance and prices; broader </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">market sentiment, including expectations regarding future loan defaults, liquidity conditions and supply and demand for </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">structured products.</span></div><div style="line-height: 12.02pt; margin-top: 9.90pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;">Section 13 of the Bank Holding Company Act of 1956, often referred to as the &#8220;Volcker Rule,&#8221; imposes restrictions on </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">banking entities&#8217; ability to sponsor or invest in certain CLOs, CDOs and CBOs. These restrictions may have an adverse effect on </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">the CLO, CDO and CBO market generally, including the availability, liquidity and value of certain CLOs, CDOs and CBOs.</span></div><div style="line-height: 12.02pt; margin-top: 9.90pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;">The Fund may invest in any portion of the capital structure of CLOs (including the subordinated, residual and deep </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">mezzanine debt tranches). As a result, the CLOs in which the Fund invests may have issued and sold debt tranches that will rank </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">senior to the tranches in which the Fund invests. By their terms, such more senior tranches may entitle the holders to receive </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">payment of interest or principal on or before the dates on which the Fund is entitled to receive payments with respect to the </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">tranches in which the Fund invests. Also, in the event of insolvency, liquidation, dissolution, reorganization or bankruptcy of a </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">CLO, holders of more senior tranches would typically be entitled to receive payment in full before the Fund receives any </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">distribution. After repaying such senior creditors, such CLO may not have any remaining assets to use for repaying its obligation </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">to the Fund. In the case of tranches ranking equally with the tranches in which the Fund invests, the Fund would have to share on </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">an equal basis any distributions with other creditors holding such securities in the event of an insolvency, liquidation, </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">dissolution, reorganization or bankruptcy of the relevant CLO. Therefore, the Fund may not receive back the full amount of its </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">investment in a CLO.</span></div><div style="line-height: 12.02pt; margin-top: 9.90pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-style: italic; margin-left: 29pt;">CLO Subordinated Notes Risk</span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">. The Fund may invest in any portion of the capital structure of CLOs (including the </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">subordinated, residual and deep mezzanine debt tranches). Investment in the subordinated tranche is subject to special risks. The </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">subordinated tranche does not receive ratings and is considered the riskiest portion of the capital structure of a CLO. The </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">subordinated tranche is junior in priority of payment to the more senior tranches of the CLO and is subject to certain payment </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">restrictions. As a result, the subordinated tranche bears the bulk of defaults from the loans in the CLO. In addition, the </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">subordinated tranche generally has only limited voting rights and generally does not benefit from any creditors&#8217; rights or ability </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">to exercise remedies under the indenture governing the CLO notes. Certain mezzanine tranches in which the Fund may invest </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">may also be subject to certain risks similar to risks associated with investment in the subordinated tranche.</span></div><div style="line-height: 12.02pt; margin-top: 9.90pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;">The subordinated tranche is unsecured and ranks behind all of the secured creditors, known or unknown, of the CLO </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">issuer, including the holders of the secured notes it has issued. Consequently, to the extent that the value of the issuer&#8217;s portfolio </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">of loan investments has been reduced as a result of conditions in the credit markets, defaulted loans, capital gains and losses on </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">the underlying assets, prepayment or changes in interest rates, the value of the subordinated tranche realized at redemption could </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">be reduced. If a CLO breaches certain tests set forth in the CLO&#8217;s indenture, excess cash flow that would otherwise be available </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">for distribution to the subordinated tranche investors is diverted to prepay CLO debt investors in order of seniority until such </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">time as the covenant breach is cured. If the covenant breach is not or cannot be cured, the subordinated tranche investors (and </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">potentially other investors in lower priority rated tranches) may experience a partial or total loss of their investment. </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">Accordingly, the subordinated tranche may not be paid in full and may be subject to up to 100% loss. At the time of issuance, the </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">subordinated tranche of a CLO is typically under-collateralized in that the liabilities of a CLO at inception exceed its total </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">assets.</span></div><div style="line-height: 12.02pt; margin-top: 10.00pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;">The leveraged nature of subordinated notes may magnify the adverse impact on the subordinated notes of changes in the </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">market value of the investments held by the issuer, changes in the distributions on those investments, defaults and recoveries on </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">those investments, capital gains and losses on those investments, prepayments on those investments and availability, prices and </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">interest rates of those investments.</span></div><div style="line-height: 12.02pt; margin-top: 10.00pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;">Subordinated notes are not guaranteed by another party. There can be no assurance that distributions on the assets held by </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">the CLO will be sufficient to make any distributions or that the yield on the subordinated notes will meet the Fund&#8217;s </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">expectations. Investments in the subordinated tranche of a CLO are generally less liquid than CLO debt tranches and subject to </span></div><div style="line-height: 12.02pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">extensive transfer restrictions, and there may be no market for subordinated notes. Therefore Fund may be required to hold </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">subordinated notes for an indefinite period of time or until their stated maturity. Certain mezzanine tranches in which the Fund </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">may invest may also be subject to certain risks similar to risks associated with investment in the subordinated tranche.</span></div><div style="line-height: 12.02pt; margin-top: 10.20pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-weight: bold;">Risks Associated with Risk-Linked Securities</span></div><div style="line-height: 12.02pt; margin-top: 10.20pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;">RLS are a form of derivative issued by insurance companies and insurance-related special purpose vehicles that apply </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">securitization techniques to catastrophic property and casualty damages. </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">Unlike other insurable low-severity, high-probability </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">events (such as auto collision coverage), the insurance risk of which can be diversified by writing large numbers of similar </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">policies, the holders of a typical RLS are exposed to the risks from high-severity, low-probability events such as that posed by </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">major earthquakes or hurricanes. RLS represent a method of reinsurance, by which insurance companies transfer their own </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">portfolio risk to other reinsurance companies and, in the case of RLS, to the capital markets. A typical RLS provides for income </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">and return of capital similar to other fixed-income investments, but involves full or partial default if losses resulting from a </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">certain catastrophe exceeded a predetermined amount. In essence, investors invest funds in RLS and if a catastrophe occurs that </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">&#8220;triggers&#8221; the RLS, investors may lose some or all of the capital invested. In the case of an event, the funds are paid to the bond </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">sponsor &#8212; an insurer, reinsurer or corporation &#8212; to cover losses. In return, the bond sponsors pay interest to investors for this </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">catastrophe protection. RLS can be structured to pay-off on three types of variables&#8212;insurance-industry catastrophe loss </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">indices, insure-specific catastrophe losses and parametric indices based on the physical characteristics of catastrophic events. </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">Such variables are difficult to predict or model, and the risk and potential return profiles of RLS may be difficult to assess. </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">Catastrophe-related RLS have been in use since the 1990s, and the securitization and risk-transfer aspects of such RLS are </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">beginning to be employed in other insurance and risk-related areas. No active trading market may exist for certain RLS, which </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">may impair the ability of the Fund to realize full value in the event of the need to liquidate such assets.</span></div><div style="line-height: 12.02pt; margin-top: 10.20pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-weight: bold;">Risks Associated with Structured Notes</span></div><div style="line-height: 12.02pt; margin-top: 10.19pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;">Investments in structured notes involve risks associated with the issuer of the note and the reference instrument. Where </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">the Fund&#8217;s investments in structured notes are based upon the movement of one or more factors, including currency exchange </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">rates, interest rates, referenced bonds and stock indices, depending on the factor used and the use of multipliers or deflators, </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">changes in interest rates and movement of the factor may cause significant price fluctuations. Additionally, changes in the </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">reference instrument or security may cause the interest rate on the structured note to be reduced to zero, and any further changes </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">in the reference instrument may then reduce the principal amount payable on maturity. Structured notes may be less liquid than </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">other types of securities and more volatile than the reference instrument or security underlying the note.</span></div><div style="line-height: 12.02pt; margin-top: 10.20pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-weight: bold;">Senior Loans Risk</span></div><div style="line-height: 12.02pt; margin-top: 10.19pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;">The Fund may invest in senior secured floating rate Loans made to corporations and other non-governmental entities and </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">issuers (&#8220;Senior Loans&#8221;). Senior Loans typically hold the most senior position in the capital structure of the issuing entity, are </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">typically secured with specific collateral and typically have a claim on the assets of the borrower, including stock owned by the </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">borrower in its subsidiaries, that is senior to that held by junior lien creditors, subordinated debt holders and stockholders of the </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">borrower. The Fund&#8217;s investments in Senior Loans are typically below-investment grade and are considered speculative because </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">of the credit risk of the applicable issuer.</span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; line-height: 12.02pt;"> </span></div><div style="line-height: 12.02pt; margin-top: 10.10pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;">There is less readily-available, reliable information about most Senior Loans than is the case for many other types of </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">securities. In addition, there is rarely a minimum rating or other independent evaluation of a borrower or its securities, and the </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">Adviser relies primarily on its own evaluation of a borrower&#8217;s credit quality rather than on any available independent sources. As </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">a result, the Fund is particularly dependent on the analytical abilities of the Adviser with respect to investments in Senior Loans. </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">The Adviser&#8217;s judgment about the credit quality of a borrower may be wrong.</span></div><div style="line-height: 12.02pt; margin-top: 10.10pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;">The risks associated with Senior Loans of below-investment grade quality are similar to the risks of other lower grade </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">Income Securities, although Senior Loans are typically senior in payment priority and secured on a senior priority basis, in </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">contrast to subordinated and unsecured Income Securities. Senior Loans&#8217; higher priority has historically resulted in generally </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">higher recoveries in the event of a corporate reorganization. In addition, because their interest payments are adjusted for changes </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">in short-term interest rates, investments in Senior Loans have less interest rate risk than certain other lower grade Income </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">Securities, which may have fixed interest rates. The Fund&#8217;s investments in Senior Loans are typically below-investment grade </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">and are considered speculative because of the credit risk of their issuers. Such companies are more likely to default on their </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">payments of interest and principal owed to the Fund, and such defaults could reduce the Fund&#8217;s net asset value and income </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">distributions. An economic downturn generally leads to a higher non-payment rate, and a debt obligation may lose significant </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">value before a default occurs. Moreover, any specific collateral used to secure a Senior Loan may decline in value or become </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">illiquid, which would adversely affect the Senior Loan&#8217;s value.</span></div><div style="line-height: 12.02pt; margin-top: 10pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;">Economic and other events (whether real or perceived) can reduce the demand for certain Senior Loans or Senior Loans </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">generally, which may reduce market prices and cause the Fund&#8217;s net asset value per share to fall. The frequency and magnitude </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">of such changes cannot be predicted.</span></div><div style="line-height: 12.02pt; margin-top: 9.90pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;">Loans and other debt instruments are also subject to the risk of price declines due to increases in prevailing interest rates, </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">although floating-rate debt instruments are substantially less exposed to this risk than fixed-rate debt instruments. Interest rate </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">changes may also increase prepayments of debt obligations and require the Fund to invest assets at lower yields. No active </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">trading market may exist for certain Senior Loans, which may impair the ability of the Fund to realize full value in the event of </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">the need to liquidate such assets. Adverse market conditions may impair the liquidity of some actively traded Senior Loans.</span></div><div style="line-height: 12.02pt; margin-top: 9.90pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-weight: bold;">Second Lien Loans Risk</span></div><div style="line-height: 12.02pt; margin-top: 9.90pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;">The Fund may invest in &#8220;second lien&#8221; secured floating rate Loans made by public and private corporations and other non-governmental</span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"> entities and issuers for a variety of purposes (&#8220;Second Lien Loans&#8221;). Second Lien Loans are typically second in </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">right of payment and/or second in right of priority with respect to collateral remedies to one or more Senior Loans of the related </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">borrower. </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">Second Lien Loans are subject to the same risks associated with investment in Senior Loans and other lower grade </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">Income Securities. However, Second Lien Loans are second in right of payment and/or second in right of priority with respect to </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">collateral remedies to Senior Loans and therefore are subject to the additional risk that the cash flow of the borrower and/or the </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">value of any property securing the Loan may be insufficient to meet scheduled payments or otherwise be available to repay the </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">Loan after giving effect to payments in respect of a Senior Loan, including payments made with the proceeds of any property </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">securing the Loan and any senior secured obligations of the borrower. Second Lien Loans are expected to have greater price </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">volatility and exposure to losses upon default than Senior Loans and may be less liquid. There is also a possibility that </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">originators will not be able to sell participations in Second Lien Loans, which would create greater credit risk exposure.</span></div><div style="line-height: 12.02pt; margin-top: 9.90pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-weight: bold;">Subordinated Secured Loans Risk</span></div><div style="line-height: 12.02pt; margin-top: 10.00pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;">Subordinated secured Loans generally are subject to similar risks as those associated with investment in Senior Loans, </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">Second Lien Loans and below investment grade securities. </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">However, such loans may rank lower in right of payment than any </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">outstanding Senior Loans, Second Lien Loans or other debt instruments with higher priority of the borrower and therefore are </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">subject to additional risk that the cash flow of the borrower and any property securing the loan may be insufficient to meet </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">scheduled payments and repayment of principal in the event of default or bankruptcy after giving effect to the higher ranking </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">secured obligations of the borrower. Subordinated secured Loans are expected to have greater price volatility than Senior Loans </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">and Second Lien Loans and may be less liquid.</span></div><div style="line-height: 12.02pt; margin-top: 10.00pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-weight: bold;">Unsecured Loans Risk</span></div><div style="line-height: 12.02pt; margin-top: 10.00pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;">Unsecured Loans generally are subject to similar risks as those associated with investment in Senior Loans, Second Lien </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">Loans, subordinated secured Loans and below investment grade securities. However, because unsecured Loans have lower </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">priority in right of payment to any higher ranking obligations of the borrower and are not backed by a security interest in any </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">specific collateral, they are subject to additional risk that the cash flow of the borrower and available assets may be insufficient </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">to meet scheduled payments and repayment of principal after giving effect to any higher ranking obligations of the borrower. </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">Unsecured Loans are expected to have greater price volatility than Senior Loans, Second Lien Loans and subordinated secured </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">Loans and may be less liquid.</span></div><div style="line-height: 12.02pt; margin-top: 10.00pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-weight: bold;">Loans and Loan Participations and Assignments Risk</span></div><div style="line-height: 12.02pt; margin-top: 10.00pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;">The Fund may invest in loans directly or through participations or assignments. The Fund may purchase Loans on a </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">direct assignment basis from a participant in the original syndicate of lenders or from subsequent assignees of such interests. </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">The Fund may also purchase, without limitation, participations in Loans. </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">The purchaser of an assignment typically succeeds to </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">all the rights and obligations of the assigning institution and becomes a lender under the credit agreement with respect to the </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">debt obligation; however, the purchaser&#8217;s rights can be more restricted than those of the assigning institution, and, in any event, </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">the Fund may not be able to unilaterally enforce all rights and remedies under the loan and with regard to any associated </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">collateral. A participation typically results in a contractual relationship only with the institution participating out the interest, not </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">with the borrower. In purchasing participations, the Fund generally will have no right to enforce compliance by the borrower </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">with the terms of the loan agreement against the borrower, and the Fund may not directly benefit from the collateral supporting </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">the debt obligation in which it has purchased the participation. As a result, the Fund will be exposed to the credit risk of both the </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">borrower and the institution selling the participation. Further, in purchasing participations in lending syndicates, the Fund may </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">not be able to conduct the same due diligence on the borrower with respect to a Senior Loan that the Fund would otherwise </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">conduct. In addition, as a holder of the participations, the Fund may not have voting rights or inspection rights that the Fund </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">would otherwise have if it were investing directly in the Senior Loan, which may result in the Fund being exposed to greater </span></div><div style="line-height: 12.02pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">credit or fraud risk with respect to the borrower or the Senior Loan. Lenders selling a participation and other persons </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">interpositioned between the lender and the Fund with respect to a participation will likely conduct their principal business </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">activities in the banking, finance and financial services industries. Because the Fund may invest in participations, the Fund may </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">be more susceptible to economic, political or regulatory occurrences affecting such industries.</span></div><div style="line-height: 12.02pt; margin-top: 9.80pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;">Loans are especially vulnerable to the financial health, or perceived financial health, of the borrower but are also </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">particularly susceptible to economic and market sentiment such that changes in these conditions or the occurrence of other </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">economic or market events may reduce the demand for loans and cause their value to decline rapidly and unpredictably. Many </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">loans and loan interests are subject to legal or contractual restrictions on transfer, resale or assignment that may limit the ability </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">of the Fund to sell its interest in a loan at an advantageous time or price. The resale, or secondary, market for loans is currently </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">growing, but may become more limited or more difficult to access, and such changes may be sudden and unpredictable. </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">Transactions in loans are often subject to long settlement periods (in excess of the standard T+2 days settlement cycle for most </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">securities and often longer than seven days). As a result, sale proceeds potentially will not be available to the Fund to make </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">additional investments or to use proceeds to meet its current obligations. The Fund thus is subject to the risk of selling other </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">investments at disadvantageous times or prices or taking other actions necessary to raise cash to meet its obligations such as </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">borrowing from a bank or holding additional cash, particularly during periods of unusual market or economic conditions or </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">financial stress.</span></div><div style="line-height: 12.02pt; margin-top: 9.90pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;">The Fund invests in or is exposed to loans and other similar debt obligations that are sometimes referred to as &#8220;covenant-lite&#8221;</span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"> loans or obligations (&#8220;covenant-lite obligations&#8221;), which are generally subject to more risk than investments that contain </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">traditional financial maintenance covenants and financial reporting requirements. The Fund may have fewer rights with respect </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">to covenant-lite obligations, including fewer protections against the possibility of default and fewer remedies in the event of </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">default. As a result, investments in (or exposure to) covenant-lite obligations are subject to more risk than investments in (or </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">exposure to) certain other types of obligations.</span></div><div style="line-height: 12.02pt; margin-top: 9.90pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;">In certain circumstances, the Adviser or its affiliates (including on behalf of clients other than the Fund) or the Fund may </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">be in possession of material non-public information about a borrower as a result of its ownership of a loan and/or corporate debt </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">security of a borrower. Because U.S. laws and regulations generally prohibit trading in securities of issuers while in possession </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">of material, non-public information, the Fund might be unable (potentially for a substantial period of time) to trade securities or </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">other instruments issued by the borrower when it would otherwise be advantageous to do so and, as such, could incur a loss. In </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">circumstances when the Adviser or the Fund determines to avoid or to not receive non-public information about a borrower for </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">loan investments being considered for acquisition by the Fund or held by the Fund, the Fund may be disadvantaged relative to </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">other investors that do receive such information, and the Fund may not be able to take advantage of other investment </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">opportunities that it may otherwise have. The Adviser or its affiliates may participate in the primary and secondary market for </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">loans or other transactions with possible borrowers. As a result, the Fund may be legally restricted from acquiring some loans </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">and from participating in a restructuring of a loan or other similar instrument. Further, if the Fund, in combination with other </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">accounts managed by the Adviser or its affiliates, acquires a large portion of a loan, the Fund&#8217;s valuation of its interests in the </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">loan and the Fund&#8217;s ability to dispose of the loan at favorable times or prices may be adversely affected.</span></div><div style="line-height: 12.02pt; margin-top: 9.90pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;">The Fund is subject to other risks associated with investments in (or exposure to) loans and other similar obligations, </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">including that such loans or obligations may not be considered &#8220;securities&#8221; and, as a result, the Fund may not be entitled to rely </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">on the anti-fraud protections under the federal securities laws and instead may have to resort to state law and direct claims.</span></div><div style="line-height: 12.02pt; margin-top: 9.90pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-style: italic; margin-left: 29pt;">Unfunded Commitments Risk</span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">. Certain of the loan participations or assignments acquired by the Fund may involve </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">unfunded commitments of the lenders, revolving credit facilities, delayed draw credit facilities or other investments under which </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">a borrower may from time to time borrow and repay amounts up to the maximum amount of the facility. In such cases, the Fund </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">would have an obligation to advance its portion of such additional borrowings upon the terms specified in the loan </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">documentation. Such an obligation may have the effect of requiring the Fund to increase its investment in a company at a time </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">when it might not be desirable to do so (including at a time when the company&#8217;s financial condition makes it unlikely that such </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">amounts will be repaid). These commitments are generally subject to the borrowers meeting certain criteria such as compliance </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">with covenants and certain operational metrics. The terms of the borrowings and financings subject to commitment are </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">comparable to the terms of other loans and related investments in the Fund&#8217;s portfolio.</span></div><div style="line-height: 12.02pt; margin-top: 9.90pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-weight: bold;">Mezzanine Investments Risk</span></div><div style="line-height: 12.02pt; margin-top: 9.90pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;">The Fund may invest in certain lower grade securities known as &#8220;Mezzanine Investments,&#8221; which are subordinated debt </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">securities that are generally issued in private placements in connection with an equity security (</span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-style: italic;">e.g.</span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">, with attached warrants) or </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">may be convertible into equity securities. </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">Mezzanine Investments are subject to the same risks associated with investment in </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">Senior Loans, Second Lien Loans and other lower grade Income Securities. However, Mezzanine Investments may rank lower in </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">right of payment than any outstanding Senior Loans and Second Lien Loans of the borrower, or may be unsecured (i.e., not </span></div><div style="line-height: 12.02pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">backed by a security interest in any specific collateral), and are subject to the additional risk that the cash flow of the borrower </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">and available assets may be insufficient to meet scheduled payments after giving effect to any higher ranking obligations of the </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">borrower. Mezzanine Investments are expected to have greater price volatility and exposure to losses upon default than Senior </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">Loans and Second Lien Loans and may be less liquid.</span></div><div style="line-height: 12.02pt; margin-top: 10.00pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-weight: bold;">Distressed and Defaulted Securities Risk</span></div><div style="line-height: 12.02pt; margin-top: 10.00pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;">Investments in the securities of financially distressed issuers involve substantial risks. These securities may present a </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">substantial risk of default or may be in default at the time of investment. The Fund may incur additional expenses to the extent it </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">is required to seek recovery upon a default in the payment of principal or interest on its portfolio holdings. </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">In any reorganization </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">or liquidation proceeding relating to a portfolio company, the Fund may lose its entire investment or may be required to accept </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">cash or securities with a value less than its original investment. Among the risks inherent in investments in a troubled entity is </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">the fact that it frequently may be difficult to obtain information as to the true financial condition of such issuer. The Adviser&#8217;s </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">judgment about the credit quality of the issuer and the relative value and liquidity of its securities may prove to be wrong.</span></div><div style="line-height: 12.02pt; margin-top: 10.00pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-weight: bold;">Convertible Securities Risk</span></div><div style="line-height: 12.02pt; margin-top: 10.00pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;">Convertible securities, debt or preferred equity securities convertible into, or exchangeable for, equity securities, are </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">generally preferred stocks and other securities, including fixed-income securities and warrants that are convertible into or </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">exercisable for common stock. </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">Convertible securities generally participate in the appreciation or depreciation of the underlying </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">stock into which they are convertible, but to a lesser degree and are subject to the risks associated with debt and equity </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">securities, including interest rate, market and issuer risks. For example, if market interest rates rise, the value of a convertible </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">security usually falls. Certain convertible securities may combine higher or lower current income with options and other </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">features. Warrants are options to buy a stated number of shares of common stock at a specified price anytime during the life of </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">the warrants (generally, two or more years). Convertible securities may be lower-rated securities subject to greater levels of </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">credit risk. A convertible security may be converted before it would otherwise be most appropriate, which may have an adverse </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">effect on the Fund&#8217;s ability to achieve its investment objective.</span></div><div style="line-height: 12.02pt; margin-top: 10.00pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;">&#8220;Synthetic&#8221; convertible securities are selected based on the similarity of their economic characteristics to those of a </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">traditional convertible security due to the combination of separate securities that possess the two principal characteristics of a </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">traditional convertible security, i.e., an income-producing security (&#8220;income-producing component&#8221;) and the right to acquire an </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">equity security (&#8220;convertible component&#8221;). The income-producing component is achieved by investing in non-convertible, </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">income-producing securities such as bonds, preferred stocks and money market instruments, which may be represented by </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">derivative instruments.</span></div><div style="line-height: 12.02pt; margin-top: 10.00pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;">The convertible component is achieved by investing in securities or instruments such as warrants or options to buy </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">common stock at a certain exercise price, or options on a stock index. A simple example of a synthetic convertible security is the </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">combination of a traditional corporate bond with a warrant to purchase equity securities of the issuer of the bond. The income-producing</span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"> and convertible components of a synthetic convertible security may be issued separately by different issuers and at </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">different times.</span></div><div style="line-height: 12.02pt; margin-top: 10.00pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-weight: bold;">Preferred Stock Risk</span></div><div style="line-height: 12.02pt; margin-top: 10.00pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;">The Fund may invest in preferred stock, which represents the senior residual interest in the assets of an issuer after </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">meeting all claims, with priority to corporate income and liquidation payments over the issuer&#8217;s common stock. As such, </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">preferred stock is inherently more risky than the bonds and other debt instruments of the issuer, but less risky than its common </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">stock. </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">Preferred stocks may pay fixed or adjustable rates of return. Preferred stock is subject to issuer-specific and market risks </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">applicable generally to equity securities. Certain preferred stocks contain provisions that allow an issuer under certain conditions </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">to skip (in the case of &#8220;non-cumulative&#8221; preferred stocks) or defer (in the case of &#8220;cumulative&#8221; preferred stocks) dividend </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">payments. Preferred stocks often contain provisions that allow for redemption in the event of certain tax or legal changes or at </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">the issuer&#8217;s call.</span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; line-height: 12.02pt;"> </span></div><div style="line-height: 12.02pt; margin-top: 10.00pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;">Preferred stocks typically do not provide any voting rights, except in cases when dividends are in arrears beyond a certain </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">time period. There is no assurance that dividends on preferred stocks in which the Fund invests will be declared or otherwise </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">made payable. If the Fund owns preferred stock that is deferring its distributions, the Fund may be required to report income for </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">U.S. federal income tax purposes while it is not receiving cash payments corresponding to such income. When interest rates fall </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">below the rate payable on an issue of preferred stock or for other reasons, the issuer may redeem the preferred stock, generally </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">after an initial period of call protection in which the stock is not redeemable.</span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; line-height: 12.02pt;"> </span></div><div style="line-height: 12.02pt; margin-top: 10.00pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;">Preferred stocks may be significantly less liquid than many other securities, such as U.S. Government securities, </span></div><div style="line-height: 12.02pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">corporate debt and common stock. Preferred stock has properties of both an equity and a debt instrument and is generally </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">considered a hybrid instrument.</span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; line-height: 12.02pt;"> </span></div><div style="line-height: 12.02pt; margin-top: 9.80pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-weight: bold;">Foreign Securities Risk</span></div><div style="line-height: 12.02pt; margin-top: 9.80pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;">The Fund may invest up to 20% of its total assets in non-U.S. dollar denominated Income Securities of foreign issuers. </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">Investing in foreign issuers may involve certain risks not typically associated with investing in securities of U.S. issuers due to </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">increased exposure to foreign economic, </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">political and legal developments, including favorable or unfavorable changes in </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">currency exchange rates, exchange control regulations (including currency blockage), expropriation or nationalization of assets, </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">imposition of withholding taxes on payments, and possible difficulty in obtaining and enforcing judgments against foreign </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">entities. Furthermore, issuers of foreign securities and obligations are subject to different, often less comprehensive, accounting, </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">reporting and disclosure requirements than domestic issuers. The securities and obligations of some foreign companies and </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">foreign markets are less liquid and at times more volatile than comparable U.S. securities, obligations and markets. In addition, </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">such investments are subject to other adverse diplomatic investments, which may include the imposition of economic or trade </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">sanctions or other measures by the U.S. or other governments and supranational organizations or changes in trade policies. These </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">developments may, among other things, limit the ability of the Fund to invest in certain securities or require the disposition of an </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">investment. These risks may be more pronounced to the extent that the Fund invests a significant amount of its assets in </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">companies located in one region and to the extent that the Fund invests in securities of issuers in emerging markets. The Fund </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">may also invest in U.S. dollar- denominated Income Securities of foreign issuers, which are subject to many of the risks </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">described above regarding Income Securities of foreign issuers denominated in foreign currencies. These risks are heightened </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">under the current conditions.</span></div><div style="line-height: 12.02pt; margin-top: 9.80pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;">There may be less publicly available information about a foreign company than a U.S. company. Foreign securities </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">markets may have substantially less volume than U.S. securities markets and some foreign company securities are less liquid </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">than securities of otherwise comparable U.S. companies. Foreign markets also have different clearance and settlement </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">procedures that could cause the Fund to encounter difficulties in purchasing and selling securities on such markets and may </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">result in the Fund missing attractive investment opportunities or experiencing a loss. In addition, a portfolio that includes foreign </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">securities can expect to have a higher expense ratio because of the increased transaction costs on non-U.S. securities markets and </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">the increased costs of maintaining the custody of foreign securities.</span></div><div style="line-height: 12.02pt; margin-top: 9.80pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;">ADRs are receipts issued by United States banks or trust companies in respect of securities of foreign issuers held on </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">deposit for use in the United States securities markets. While ADRs may not necessarily be denominated in the same currency as </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">the securities into which they may be converted, many of the risks associated with foreign securities may also apply to ADRs. In </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">addition, the underlying issuers of certain depositary receipts, particularly unsponsored or unregistered depositary receipts, are </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">under no obligation to distribute shareholder communications to the holders of such receipts, or to pass through to them any </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">voting rights with respect to the deposited securities.</span></div><div style="line-height: 12.02pt; margin-top: 9.90pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-weight: bold;">Emerging Markets Risk</span></div><div style="line-height: 12.02pt; margin-top: 9.90pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;">The Fund may invest up to 10% of its total assets in Income Securities the issuers of which are located in countries </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">considered to be emerging markets. Investing in securities in emerging countries generally entails greater risks than investing in </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">securities in developed countries. Securities issued by governments or issuers in emerging market countries are more likely to </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">have greater exposure to the risks of investing in foreign securities.</span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"> These risks are elevated under current conditions and </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">include: (i) less social, political and economic stability and potentially more volatile currency exchange rates; (ii) the small </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">current size of the markets for such securities, limited access to investments in the event of market closures (including due to </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">local holidays), and the currently low or nonexistent volume of trading, which result in a lack of liquidity, in greater price </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">volatility, and/or a higher risk of failed trades or other trading issues; (iii) certain national policies which may restrict the Fund&#8217;s </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">investment opportunities, including restrictions on investment in issuers or industries deemed sensitive to national interests, and </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">trade barriers; (iv) foreign taxation; (v) the absence of developed legal systems, including structures governing private or foreign </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">investment or allowing for judicial redress (such as limits on rights and remedies available to the Fund) for investment losses and </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">injury to private property; (vi) lower levels of government regulation, which could lead to market manipulation, and less </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">extensive and transparent accounting, auditing, recordkeeping, financial reporting and other requirements which limit the </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">quality and availability of financial information; (vii) high rates of inflation for prolonged periods and rapid interest rate </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">changes; (viii) dependence on a few key trading partners and sensitivity to adverse political or social events affecting the region </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">where an emerging market is located compared to developed market securities; and (ix) particular sensitivity to global economic </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">conditions, including adverse effects stemming from recessions, depressions or other economic crises, or reliance on </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">international or other forms of aid, including trade, taxation and development policies. Furthermore, foreign investors may be </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">required to register the proceeds of sales and future economic or political crises could lead to price controls, forced mergers, </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">expropriation or confiscatory taxation, seizure, nationalization or creation of government monopolies. The currencies of </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">emerging market countries may experience significant declines against the U.S. dollar, and devaluation may occur subsequent to </span></div><div style="line-height: 12.02pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">investments in these currencies by the Fund. Inflation and rapid fluctuations in inflation rates have had, and may continue to </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">have, negative effects on the economies and securities markets of certain emerging market countries. Sovereign debt of emerging </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">countries may be in default or present a greater risk of default, the risk of which is heightened given the current conditions. </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">These risks are heightened for investments in frontier markets.</span></div><div style="line-height: 12.02pt; margin-top: 10.20pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;">The Sub-Adviser has broad discretion to identify countries that it considers to qualify as &#8220;emerging markets.&#8221; In </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">determining whether a country is an emerging market, the Sub-Adviser may take into account specific or general factors that the </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">Sub-Adviser deems to be relevant, including interest rates, inflation rates, exchange rates, monetary and fiscal policies, trade </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">and current account balances and/or legal, social and political developments, as well as whether the country is considered to be </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">emerging or developing by supranational organizations such as the World Bank, the United Nations or other similar entities. </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">Emerging market countries generally will include countries with low gross national product per capita and the potential for rapid </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">economic growth and are likely to be located in Africa, Asia, the Middle East, Eastern and Central Europe and Central and </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">South America. In addition, the impact of the economic and public health crisis in emerging market countries may be greater </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">due to their generally less established healthcare systems and capabilities with respect to fiscal and monetary policies, which </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">may exacerbate other pre-existing political, social and economic risks.</span></div><div style="line-height: 12.02pt; margin-top: 10.10pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-weight: bold;">Foreign Currency Risk</span></div><div style="line-height: 12.02pt; margin-top: 10.09pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;">The value of securities denominated or quoted in foreign currencies may be adversely affected by fluctuations in the </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">relative currency exchange rates and by exchange control regulations. The Fund&#8217;s investment performance may be negatively </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">affected by a devaluation of a currency in which the Fund&#8217;s investments are denominated or quoted. </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">Further, the Fund&#8217;s </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">investment performance may be significantly affected, either positively or negatively, by currency exchange rates because the </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">U.S. dollar value of securities denominated or quoted in another currency will increase or decrease in response to changes in the </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">value of such currency in relation to the U.S. dollar. Finally, the Fund&#8217;s distributions are paid in U.S. dollars, and to the extent the </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">Fund&#8217;s assets are denominated in currencies other than the U.S. dollar, there is a risk that the value of any distribution from such </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">assets may decrease if the currency in which such assets or distributions are denominated falls in relation to the value of the U.S. </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">dollar. The Fund currently intends to seek to hedge its exposures to foreign currencies but may, at the discretion of the </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">Investment Adviser, at any time limit or eliminate foreign currency hedging activity. To the extent the Fund does not hedge (or is </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">unsuccessful in seeking to hedge) its foreign currency risk, the value of the Fund&#8217;s assets and income could be adversely affected </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">by currency exchange rate movements.</span></div><div style="line-height: 12.02pt; margin-top: 10.10pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-weight: bold;">Sovereign Debt Risk</span></div><div style="line-height: 12.02pt; margin-top: 10.10pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;">Investments in sovereign debt securities, such as foreign government debt or foreign treasury bills, involve special risks, </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">including the availability of sufficient foreign exchange on the date a payment is due, the relative size of the debt service burden </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">to the economy as a whole, the government debtor's policy towards the International Monetary Fund or international lenders, the </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">political constraints to which the debtor may be subject and other political considerations. </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">Periods of economic and political </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">uncertainty may result in the illiquidity and increased price volatility of sovereign debt securities held by the Fund. The </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">governmental authority that controls the repayment of sovereign debt may be unwilling or unable to repay the principal and/or </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">interest when due in accordance with the terms of such securities due to the extent of its foreign reserves. If an issuer of </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">sovereign debt defaults on payments of principal and/or interest, the Fund may have limited or no legal recourse against the </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">issuer and/or guarantor. In certain cases, remedies must be pursued in the courts of the defaulting party itself. For example, there </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">may be no bankruptcy or similar proceedings through which all or part of the sovereign debt that a governmental entity has not </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">repaid may be collected. There can be no assurance that the holders of commercial bank loans to the same sovereign entity may </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">not contest payments to the holders of sovereign debt in the event of default under commercial bank loan agreements.</span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; line-height: 12.02pt;"> </span></div><div style="line-height: 12.02pt; margin-top: 10.10pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;">Certain issuers of sovereign debt may be dependent on disbursements from foreign governments, multilateral agencies </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">and others abroad to reduce principal and interest arrearages on their debt. Such disbursements may be conditioned upon a </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">debtor&#8217;s implementation of economic reforms and/or economic performance and the timely service of such debtor&#8217;s obligations. </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">A failure on the part of the debtor to implement such reforms, achieve such levels of economic performance or repay principal </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">or interest when due may result in the cancellation of such third parties&#8217; commitments to lend funds to the debtor, which may </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">impair the debtor&#8217;s ability to service its debts on a timely basis. Foreign investment in certain sovereign debt is restricted or </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">controlled to varying degrees, including requiring governmental approval for the repatriation of income, capital or proceeds of </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">sales by foreign investors. These restrictions or controls may at times limit or preclude foreign investment in certain sovereign </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">debt and increase the costs and expenses of the Fund.</span></div><div style="line-height: 12.02pt; margin-top: 10.10pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;">As a holder of sovereign debt, the Fund may be requested to participate in the restructuring of such sovereign </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">indebtedness, including the rescheduling of payments and the extension of further loans to debtors, which may adversely affect </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">the Fund. There can be no assurance that such restructuring will result in the repayment of all or part of the debt. Sovereign debt </span></div><div style="line-height: 12.02pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">risk is increased for emerging market issuers and certain emerging market countries have declared moratoria on the payment of </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">principal and interest on external debt. Certain emerging market countries have experienced difficulty in servicing their </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">sovereign debt on a timely basis, which has led to defaults and the restructuring of certain indebtedness.</span></div><div style="line-height: 12.02pt; margin-top: 9.80pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-weight: bold;">UK Departure from EU (&#8220;Brexit&#8221;) Risk</span></div><div style="line-height: 12.02pt; margin-top: 9.80pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;">On January 31, 2020, the United Kingdom officially withdrew from the European Union (&#8220;EU&#8221;) and the two sides </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">entered into a transition phase, scheduled to conclude on December 31, 2020, where the United Kingdom effectively remains in </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">the EU from an economic perspective, but no longer has any political representation in the EU parliament. </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">During this transition </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">phase, which could be extended beyond December of 2020, the United Kingdom is expected to negotiate a new trade deal with </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">the EU. Due to political uncertainty, it is not possible to anticipate whether the United Kingdom and the EU will be able to agree </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">and implement a new trade agreement or what the nature of such trade arrangement will be. Throughout the withdrawal process </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">and afterward, the impact on the United Kingdom and Economic and Monetary Union and the broader global economy is </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">unknown but could be significant and could result in increased volatility and illiquidity and potentially lower economic growth. </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">The political divisions surrounding Brexit within the United Kingdom, as well as those between the UK and the EU, may also </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">have a destabilizing impact on the economy and currency of the United Kingdom and the EU. Any further exits from member </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">states of the EU, or the possibility of such exits, would likely cause additional market disruption globally and introduce new </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">legal and regulatory uncertainties.</span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; line-height: 12.02pt;"> </span></div><div style="line-height: 12.02pt; margin-top: 9.90pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;">In addition to the effects on the Fund&#8217;s investments in European issuers, the unavoidable uncertainties and events related </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">to Brexit could negatively affect the value and liquidity of the Fund&#8217;s other investments, increase taxes and costs of business and </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">cause volatility in currency exchange rates and interest rates. Brexit could adversely affect the performance of contracts in </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">existence at the date of Brexit and European, UK or worldwide political, regulatory, economic or market conditions and could </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">contribute to instability in political institutions, regulatory agencies and financial markets. Brexit could also lead to legal </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">uncertainty and politically divergent national laws and regulations as a new relationship between the UK and EU is defined and </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">as the UK determines which EU laws to replace or replicate. In addition, Brexit could lead to further disintegration of the EU </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">and related political stresses (including those related to sentiment against cross border capital movements and activities of </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">investors like the Fund), prejudice to financial services businesses that are conducting business in the EU and which are based in </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">the UK, legal uncertainty regarding achievement of compliance with applicable financial and commercial laws and regulations </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">in view of the expected steps to be taken pursuant to or in contemplation of Brexit. Any of these effects of Brexit, and others that </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">cannot be anticipated, could adversely affect the Fund&#8217;s business, results of operations and financial condition.</span></div><div style="line-height: 12.02pt; margin-top: 9.90pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-weight: bold;">Redenomination Risk</span></div><div style="line-height: 12.02pt; margin-top: 9.90pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;">The result of Brexit, the progression of the European debt crisis and the possibility of one or more Eurozone countries </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">exiting the European Monetary Union (&#8220;EMU&#8221;), or even the collapse of the euro as a common currency, has created significant </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">volatility in currency and financial markets generally. </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">The effects of the collapse of the euro, or of the exit of one or more </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">countries from the EMU, on the U.S. and global economies and securities markets are impossible to predict and any such events </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">could have a significant adverse impact on the value and risk profile of the Fund&#8217;s portfolio. Any partial or complete dissolution </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">of the EMU could have significant adverse effects on currency and financial markets, and on the values of the Fund&#8217;s portfolio </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">investments. If one or more EMU countries were to stop using the euro as its primary currency, the Fund&#8217;s investments in such </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">countries may be redenominated into a different or newly adopted currency. As a result, the value of those investments could </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">decline significantly and unpredictably. In addition, securities or other investments that are redenominated may be subject to </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">foreign currency risk, liquidity risk and valuation risk to a greater extent than similar investments currently denominated in </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">euros. To the extent a currency used for redenomination purposes is not specified in respect of certain EMU-related investments, </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">or should the euro cease to be used entirely, the currency in which such investments are denominated may be unclear, making </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">such investments particularly difficult to value or dispose of. The Fund may incur additional expenses to the extent it is required </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">to seek judicial or other clarification of the denomination or value of such securities.</span></div><div style="line-height: 12.02pt; margin-top: 9.90pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-weight: bold;">Common Equity Securities Risk</span></div><div style="line-height: 12.02pt; margin-top: 9.90pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;">The Fund may invest up to 50% of its total assets in Common Equity Securities. An adverse event, such as an </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">unfavorable earnings report, may depress the value of a particular common stock held by the Fund. </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">Also, the prices of equity </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">securities are sensitive to general movements in the stock market, so a drop in the stock market may depress the prices of equity </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">securities to which the Fund has exposure. Common Equity Securities&#8217; prices fluctuate for a number of reasons, including </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">changes in investors&#8217; perceptions of the financial condition of an issuer, the general condition of the relevant stock market, and </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">broader domestic and international political and economic events. The prices of Common Equity Securities may also decline due </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">to factors which affect a particular industry or industries, such as labor shortages or increased production costs and competitive </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">conditions within an industry. The value of a particular common stock held by the Fund may decline for a number of other </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">reasons which directly relate to the issuer, such as management performance, financial leverage, the issuer&#8217;s historical and </span></div><div style="line-height: 12.02pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">prospective earnings, the value of its assets and reduced demand for its goods and services. In addition, common stock prices </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">may be particularly sensitive to rising interest rates, as the cost of capital rises and borrowing costs increase. The prices of </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">Common Equity Securities are also sensitive to general movements in the stock market, so a drop in the stock market may </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">depress the prices of Common Equity Securities to which the Fund has exposure. At times, stock markets can be volatile and </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">stock prices can change substantially and suddenly. While broad market measures of Common Equity Securities have </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">historically generated higher average returns than Income Securities, Common Equity Securities have also experienced </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">significantly more volatility in those returns. Common Equity Securities in which the Fund may invest are structurally </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">subordinated to preferred stock, bonds and other debt instruments in a company&#8217;s capital structure in terms of priority to </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">corporate income and are therefore inherently more risky than preferred stock or debt instruments of such issuers. Dividends on </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">Common Equity Securities which the Fund may hold are not fixed but are declared at the discretion of the issuer&#8217;s board of </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">directors. There is no guarantee that the issuers of the Common Equity Securities in which the Fund invests will declare </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">dividends in the future or that, if declared, they will remain at current levels or increase over time. Equity securities have </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">experienced heightened volatility over recent periods and, therefore, the Fund's investments in equity securities are subject to </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">heightened risks related to volatility during the current environment and would likely also be subject to such risks in similar </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">market, economic and public health conditions in the future.</span></div><div style="line-height: 12.02pt; margin-top: 9.60pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-weight: bold;">Risks Associated with the Fund&#8217;s Covered Call Option Strategy and Put Options</span></div><div style="line-height: 12.02pt; margin-top: 9.60pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;">The ability of the Fund to achieve its investment objective is partially dependent on the successful implementation of its </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">covered call option strategy. </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">There are significant differences between the securities and options markets that could result in an </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">imperfect correlation between these markets, causing a given transaction not to achieve its objectives. A decision as to whether, </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">when and how to use options involves the exercise of skill and judgment, and even a well-conceived transaction may be </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">unsuccessful to some degree because of market behavior or unexpected events.</span></div><div style="line-height: 12.02pt; margin-top: 9.61pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;">The Fund may write call options on individual securities, securities indices, exchange-traded funds (&#8220;ETFs&#8221;) and baskets </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">of securities. The buyer of an option acquires the right, but not the obligation, to buy (a call option) or sell (a put option) a </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">certain quantity of a security (the underlying security) or instrument, including a futures contract or swap, at a certain price up to </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">a specified point in time or on expiration, depending on the terms. The seller or writer of an option is obligated to sell (a call </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">option) or buy (a put option) the underlying instrument. A call option is &#8220;covered&#8221; if the Fund owns the security or instrument </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">underlying the call or has an absolute right to acquire the security or instrument without additional cash consideration (or, if </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">additional cash consideration is required under current regulatory requirements, cash or cash equivalents in such amount are </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">segregated by the Fund&#8217;s custodian or earmarked on the Fund&#8217;s books and records). As a seller of covered call options, the Fund </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">faces the risk that it will forgo the opportunity to profit from increases in the market value of the security or instrument covering </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">the call option during an option&#8217;s life. As the Fund writes covered calls over more of its portfolio, its ability to benefit from </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">capital appreciation becomes more limited. For certain types of options, the writer of the option will have no control over the </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">time when it may be required to fulfill its obligation under the option.</span></div><div style="line-height: 12.02pt; margin-top: 9.60pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;">There can be no assurance that a liquid market will exist if and when the Fund seeks to close out an option position. Once </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">an option writer has received an exercise notice, it cannot effect a closing purchase transaction in order to terminate its </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">obligation under the option and must deliver the underlying security or instrument at the exercise price.</span></div><div style="line-height: 12.02pt; margin-top: 9.60pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;">The Fund may also purchase and write exchange-listed and OTC options. Options written by the Fund with respect to </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">non-U.S. securities, indices or sectors and other instruments generally will be OTC options. OTC options differ from exchange-listed</span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"> options in several respects. They are transacted directly with the dealers and not with a clearing corporation, and therefore </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">entail the risk of non-performance by the dealer. OTC options are available for a greater variety of securities and for a wider </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">range of expiration dates and exercise prices than are available for exchange-traded options. Because OTC options are not traded </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">on an exchange, pricing is done normally by reference to information from a market maker. OTC options are subject to </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">heightened counterparty, credit, liquidity and valuation risks. The Fund&#8217;s ability to terminate OTC options is more limited than </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">with exchange-traded options and may involve the risk that broker-dealers participating in such transactions will not fulfill their </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">obligations. The hours of trading for options may not conform to the hours during which the underlying securities are traded. </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">The Fund&#8217;s options transactions will be subject to limitations established by each of the exchanges, boards of trade or other </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">trading facilities on which such options are traded.</span></div><div style="line-height: 12.02pt; margin-top: 9.70pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;">The Fund may also purchase and write covered put options. A put option is &#8220;covered&#8221; if the Fund segregates cash or cash </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">equivalents in an amount equal to the exercise price. As a seller of covered put options, the Fund bears the risk of loss if the </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">value of the underlying security or instrument declines below the exercise price minus the put premium. If the option is </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">exercised, the Fund could incur a loss if it is required to purchase the security or instrument underlying the put option at a price </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">greater than the market price of the security or instrument at the time of exercise plus the put premium the Fund received when it </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">wrote the option. The Fund&#8217;s potential gain in writing a covered put option is limited to distributions earned on the liquid assets </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">securing the put option plus the premium received from the purchaser of the put option; however, the Fund risks a loss equal to </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">the entire exercise price of the option minus the put premium.</span></div><div style="line-height: 12.02pt; margin-top: 10pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-weight: bold;">Risks of Real Property Asset Companies</span></div><div style="line-height: 12.02pt; margin-top: 9.90pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;">The Fund may invest in Income Securities and Common Equity Securities issued by Real Property Asset Companies.</span></div><div style="line-height: 12.02pt; margin-top: 9.90pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-style: italic; margin-left: 29pt;">Real Estate Risks</span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">. Because of the Fund&#8217;s ability to make indirect investments in real estate and in the securities of </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">companies in the real estate industry, it is subject to risks associated with the direct ownership of real estate. These risks include:</span></div> <div> <div style="clear: both; margin-top: 9.90pt; position: relative; width: 100%;"> <div style="float: left; line-height: 12.02pt; text-align: left; width: 3.51pt;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">&#8226;</span></div> <div style="float: left; line-height: 12.02pt; margin-left: 25.49pt; text-align: left; width: 482.00pt;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">declines in the value of real estate;</span></div> </div> <div style="clear: both; position: relative;"/> </div> <div> <div style="clear: both; margin-top: 9.90pt; position: relative; width: 100%;"> <div style="float: left; line-height: 12.02pt; text-align: left; width: 3.51pt;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">&#8226;</span></div> <div style="float: left; line-height: 12.02pt; margin-left: 25.49pt; text-align: left; width: 482.00pt;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">general and local economic conditions;</span></div> </div> <div style="clear: both; position: relative;"/> </div><div> <div style="clear: both; margin-top: 9.90pt; position: relative; width: 100%;"> <div style="float: left; line-height: 12.02pt; text-align: left; width: 3.51pt;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">&#8226;</span></div> <div style="float: left; line-height: 12.02pt; margin-left: 25.49pt; text-align: left; width: 482.00pt;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">unavailability of mortgage funds;</span></div> </div> <div style="clear: both; position: relative;"/> </div><div> <div style="clear: both; margin-top: 9.90pt; position: relative; width: 100%;"> <div style="float: left; line-height: 12.02pt; text-align: left; width: 3.51pt;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">&#8226;</span></div> <div style="float: left; line-height: 12.02pt; margin-left: 25.49pt; text-align: left; width: 482.00pt;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">overbuilding;</span></div> </div> <div style="clear: both; position: relative;"/> </div><div> <div style="clear: both; margin-top: 9.90pt; position: relative; width: 100%;"> <div style="float: left; line-height: 12.02pt; text-align: left; width: 3.51pt;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">&#8226;</span></div> <div style="float: left; line-height: 12.02pt; margin-left: 25.49pt; text-align: left; width: 482.00pt;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">extended vacancies of properties;</span></div> </div> <div style="clear: both; position: relative;"/> </div><div> <div style="clear: both; margin-top: 9.90pt; position: relative; width: 100%;"> <div style="float: left; line-height: 12.02pt; text-align: left; width: 3.51pt;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">&#8226;</span></div> <div style="float: left; line-height: 12.02pt; margin-left: 25.49pt; text-align: left; width: 482.00pt;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">increased competition;</span></div> </div> <div style="clear: both; position: relative;"/> </div><div> <div style="clear: both; margin-top: 9.90pt; position: relative; width: 100%;"> <div style="float: left; line-height: 12.02pt; text-align: left; width: 3.51pt;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">&#8226;</span></div> <div style="float: left; line-height: 12.02pt; margin-left: 25.49pt; text-align: left; width: 482.00pt;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">increases in property taxes and operating expenses;</span></div> </div> <div style="clear: both; position: relative;"/> </div><div> <div style="clear: both; margin-top: 9.91pt; position: relative; width: 100%;"> <div style="float: left; line-height: 12.02pt; text-align: left; width: 3.51pt;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">&#8226;</span></div> <div style="float: left; line-height: 12.02pt; margin-left: 25.49pt; text-align: left; width: 482.00pt;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">changes in zoning laws;</span></div> </div> <div style="clear: both; position: relative;"/> </div><div> <div style="clear: both; margin-top: 9.90pt; position: relative; width: 100%;"> <div style="float: left; line-height: 12.02pt; text-align: left; width: 3.51pt;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">&#8226;</span></div> <div style="float: left; line-height: 12.02pt; margin-left: 25.49pt; text-align: left; width: 482.00pt;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">losses due to costs of cleaning up environmental problems and contamination;</span></div> </div> <div style="clear: both; position: relative;"/> </div><div> <div style="clear: both; margin-top: 9.90pt; position: relative; width: 100%;"> <div style="float: left; line-height: 12.02pt; text-align: left; width: 3.51pt;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">&#8226;</span></div> <div style="float: left; line-height: 12.02pt; margin-left: 25.49pt; text-align: left; width: 482.00pt;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">limitations on, or unavailability of, insurance on economic terms;</span></div> </div> <div style="clear: both; position: relative;"/> </div><div> <div style="clear: both; margin-top: 9.90pt; position: relative; width: 100%;"> <div style="float: left; line-height: 12.02pt; text-align: left; width: 3.51pt;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">&#8226;</span></div> <div style="float: left; line-height: 12.02pt; margin-left: 25.49pt; text-align: left; width: 482.00pt;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">liability to third parties for damages resulting from environmental problems;</span></div> </div> <div style="clear: both; position: relative;"/> </div><div> <div style="clear: both; margin-top: 9.90pt; position: relative; width: 100%;"> <div style="float: left; line-height: 12.02pt; text-align: left; width: 3.51pt;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">&#8226;</span></div> <div style="float: left; line-height: 12.02pt; margin-left: 25.49pt; text-align: left; width: 482.00pt;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">casualty or condemnation losses;</span></div> </div> <div style="clear: both; position: relative;"/> </div><div> <div style="clear: both; margin-top: 9.90pt; position: relative; width: 100%;"> <div style="float: left; line-height: 12.02pt; text-align: left; width: 3.51pt;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">&#8226;</span></div> <div style="float: left; line-height: 12.02pt; margin-left: 25.49pt; text-align: left; width: 482.00pt;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">limitations on rents;</span></div> </div> <div style="clear: both; position: relative;"/> </div><div> <div style="clear: both; margin-top: 9.90pt; position: relative; width: 100%;"> <div style="float: left; line-height: 12.02pt; text-align: left; width: 3.51pt;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">&#8226;</span></div> <div style="float: left; line-height: 12.02pt; margin-left: 25.49pt; text-align: left; width: 482.00pt;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">changes in neighborhood values and the appeal of properties to tenants;</span></div> </div> <div style="clear: both; position: relative;"/> </div><div> <div style="clear: both; margin-top: 9.90pt; position: relative; width: 100%;"> <div style="float: left; line-height: 12.02pt; text-align: left; width: 3.51pt;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">&#8226;</span></div> <div style="float: left; line-height: 12.02pt; margin-left: 25.49pt; text-align: justify; width: 482.00pt;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">changes in valuation due to the impact of terrorist incidents on a particular property or area, or on a segment of the </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">economy; and</span></div> </div> <div style="clear: both; position: relative;"/> </div><div> <div style="clear: both; margin-top: 10.00pt; position: relative; width: 100%;"> <div style="float: left; line-height: 12.02pt; text-align: left; width: 3.51pt;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">&#8226;</span></div> <div style="float: left; line-height: 12.02pt; margin-left: 25.49pt; text-align: left; width: 482.00pt;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">changes in interest rates.</span></div> </div> <div style="clear: both; position: relative;"/> </div><div style="line-height: 12.02pt; margin-top: 10.00pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-style: italic; margin-left: 29pt;">National Resources and Commodities Risks</span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">. Because of the Fund&#8217;s ability to make indirect investments in natural </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">resources and physical commodities, and in Real Property Asset Companies engaged in oil and gas exploration and production, </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">gold and other precious metals, steel and iron ore production, energy services, forest products, chemicals, coal, alternative </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">energy sources and environmental services, as well as related transportation companies and equipment manufacturers, the Fund </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">is subject to risks associated with special risks, which include:</span></div><div style="line-height: 12.02pt; margin-left: 31pt; margin-top: 10.00pt; text-align: justify;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.00%; text-decoration: underline;">Supply and Demand Risk</span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">. A decrease in the production of a physical commodity or a decrease in the volume of such </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">commodity available for transportation, mining, processing, storage or distribution may adversely impact the financial </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">performance of an energy, natural resources, basic materials or an associated company that devotes a portion of its </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">business to that commodity. Production declines and volume decreases could be caused by various factors, including </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">catastrophic events affecting production, depletion of resources, labor difficulties, environmental proceedings, increased </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">regulations, equipment failures and unexpected maintenance problems, import supply disruption, governmental </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">expropriation, political upheaval or conflicts or increased competition from alternative energy sources or commodity </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">prices. Alternatively, a sustained decline in demand for such commodities could also adversely affect the financial </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">performance of energy, natural resources, basic materials or associated companies. Factors that could lead to a decline in </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">demand include economic recession or other adverse economic conditions, higher taxes on commodities or increased </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">governmental regulations, increases in fuel economy, consumer shifts to the use of alternative commodities or fuel </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">sources, changes in commodity prices, or weather.</span></div><div style="line-height: 12.02pt; margin-left: 31pt; margin-top: 10.00pt; text-align: justify;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.00%; text-decoration: underline;">Depletion and Exploration Risk</span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">. Many energy, natural resources, basic materials and associated companies are engaged </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">in the production of one or more physical commodities or are engaged in transporting, storing, distributing and </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">processing these items on behalf of shippers. To maintain or grow their revenues, these companies or their customers </span></div><div style="line-height: 12.02pt; margin-left: 31pt; text-align: justify;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.00%;">need to maintain or expand their reserves through exploration of new sources of supply, through the development of </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">existing sources, through acquisitions or through long-term contracts to acquire reserves. The financial performance of </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">energy, natural resources, basic materials and associated companies may be adversely affected if they, or the companies </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">to whom they provide the service, are unable to cost-effectively acquire additional reserves sufficient to replace the </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">natural decline.</span></div><div style="line-height: 12.02pt; margin-left: 31pt; margin-top: 10.19pt; text-align: justify;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.00%; text-decoration: underline;">Operational and Geological Risk</span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">. Energy, natural resources, basic materials companies and associated companies are </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">subject to specific operational and geological risks in addition to normal business and management risks. Some examples </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">of operational risks include mine rock falls, underground explosions and pit wall failures. Geological risk would include </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">faulting of the ore body and misinterpretation of geotechnical data.</span></div><div style="line-height: 12.02pt; margin-left: 31pt; margin-top: 10.20pt; text-align: justify;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.00%; text-decoration: underline;">Regulatory Risk</span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">. Energy, natural resources, basic materials and associated companies are subject to significant federal, </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">state and local government regulation in virtually every aspect of their operations, including how facilities are </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">constructed, maintained and operated, environmental and safety controls, and the prices they may charge for the products </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">and services they provide. Various governmental authorities have the power to enforce compliance with these regulations </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">and the permits issued under them, and violators are subject to administrative, civil and criminal penalties, including civil </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">fines, injunctions or both. Stricter laws, regulations or enforcement policies could be enacted in the future which would </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">likely increase compliance costs and may adversely affect the operations and financial performance of energy, natural </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">resources and basic materials companies.</span></div><div style="line-height: 12.02pt; margin-left: 31pt; margin-top: 10.20pt; text-align: justify;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.00%; text-decoration: underline;">Commodity Pricing Risk</span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">. The operations and financial performance of energy, natural resources and basic materials </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">companies may be directly affected by commodity prices, especially those energy, natural resources, basic materials and </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">associated companies that own the underlying commodity. Commodity prices fluctuate for several reasons, including </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">changes in market and economic conditions, the impact of weather on demand, levels of domestic production and </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">imported commodities, energy conservation, domestic and foreign governmental regulation and taxation, the availability </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">of local, intrastate and interstate transportation systems, governmental expropriation and political upheaval and conflicts. </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">Volatility of commodity prices, which may lead to a reduction in production or supply, may also negatively impact the </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">performance of energy, natural resources, basic materials and associated companies that are solely involved in the </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">transportation, processing, storing, distribution or marketing of commodities. Volatility of commodity prices may also </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">make it more difficult for energy, natural resources, basic materials and associated companies to raise capital to the extent </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">the market perceives that their performance may be directly or indirectly tied to commodity prices.</span></div><div style="line-height: 12.02pt; margin-left: 31pt; margin-top: 10.20pt; text-align: justify;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.00%; text-decoration: underline;">Precious Metals Pricing Risk</span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">. The Fund may invest in companies that have a material exposure to precious metals, such </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">as gold, silver and platinum and precious metals related instruments and securities. The price of precious metals can </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">fluctuate widely and is affected by numerous factors beyond the Fund&#8217;s control including: global or regional political, </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">economic or financial events and situations; investors&#8217; expectations with respect to the future rates of inflation and </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">movements in world equity, financial and property markets; global supply and demand for specific precious metals, </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">which is influenced by such factors as mine production and net forward selling activities by precious metals producers, </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">central bank purchases and sales, jewelry demand and the supply of recycled jewelry, net investment demand and </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">industrial demand, net of recycling; interest rates and currency exchange rates, particularly the strength of and confidence </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">in the U.S. dollar; and investment and trading activities of hedge funds, commodity funds and other speculators. The </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">Fund does not intend to hold physical precious metals.</span></div><div style="line-height: 12.02pt; margin-top: 10.10pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-weight: bold;">Risks of Personal Property Asset Companies</span></div><div style="line-height: 12.02pt; margin-top: 10.10pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;">The Fund may invest in Income Securities and Common Equity Securities issued by Personal Property Asset Companies. </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">Personal (as opposed to real) property includes any tangible, movable property or asset. </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">The Fund will typically seek to invest in </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">Income Securities and Common Equity Securities of Personal Property Asset Companies that are associated with personal </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">property assets with investment performance that is not highly correlated with traditional market indexes, such as special </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">situation transportation assets (e.g., railcars, airplanes and ships) and collectibles (e.g., antiques, wine and fine art).</span></div><div style="line-height: 12.02pt; margin-top: 10.10pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-style: italic; margin-left: 29pt;">Special Situation Transportation Assets Risks</span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">. The risks of special situation transportation assets include:</span></div> <div style="line-height: 12.02pt; margin-left: 31pt; margin-top: 10.10pt; text-align: justify;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.00%; text-decoration: underline;">Cyclicality of Supply and Demand for Transportation Assets Risk</span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">. The transportation asset leasing and sales industry has </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">periodically experienced cycles of oversupply and undersupply of railcars, aircraft and ships. </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">The oversupply of a specific </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">type of transportation asset in the market is likely to depress the values of that type of transportation asset. The supply </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">and demand of transportation assets is affected by various cyclical factors that are not under the Fund&#8217;s control, </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">including: (i) passenger and cargo demand; (ii) commercial demand for certain types of transportation assets, (iii) fuel </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">costs and general economic conditions affecting lessees&#8217; operations; (iv) government regulation, including operating </span></div>  <div style="line-height: 12.02pt; margin-left: 31pt; text-align: justify;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.00%;">restrictions; (v) interest rates; (vi) the availability of credit; (vii) manufacturer production level; (viii) retirement and </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">obsolescence of certain classes of transportation assets; (ix) re-introduction into service of transportation assets </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">previously in storage; and (x) traffic control infrastructure constraints.</span></div> <div style="line-height: 12.02pt; margin-left: 31pt; margin-top: 10.00pt; text-align: justify;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.00%; text-decoration: underline;">Risk of Decline in Value of Transportation Assets and Rental Values</span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">. In addition to factors linked to the railway, aviation </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">and shipping industries, other factors that may affect the value of transportation assets, and thus of the Personal Property </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">Asset Companies in which the Fund invests, include: (i) manufacturers merging or exiting the industry or ceasing to </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">produce specific types of transportation asset; (ii) the particular maintenance and operating history of the transportation </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">assets; (iii) the number of operators using that type of transportation asset; (iv) whether the railcar, aircraft or ship is </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">subject to a lease; (v) any regulatory and legal requirements that must be satisfied before the transportation asset can be </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">operated, sold or re-leased, (vi) compatibility of parts and layout of the transportation asset among operators of particular </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">asset; and (vii) any renegotiation of a lease on less favorable terms.</span></div> <div style="line-height: 12.02pt; margin-left: 31pt; margin-top: 10.00pt; text-align: justify;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.00%; text-decoration: underline;">Technological Risks</span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">. The availability for sale or lease of new, technologically advanced transportation assets and the </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">imposition of stringent noise, emissions or environmental regulations may make certain types of transportation assets less </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">desirable in the marketplace and therefore may adversely affect the owners&#8217; ability to lease or sell such transportation </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">assets. Consequently, the owner will have to lease or sell many of the transportation assets close to the end of their useful </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">economic life. The owners&#8217; ability to manage these technological risks by modifying or selling transportation assets will </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">likely be limited.</span></div>  <div style="line-height: 12.02pt; margin-left: 31pt; margin-top: 10.00pt; text-align: justify;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.00%; text-decoration: underline;">Risks Relating to Leases of Transportation Assets</span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">. Owner/lessors of transportation assets will typically require lessees of </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">assets to maintain customary and appropriate insurance. There can be no assurance that the lessees&#8217; insurance will cover </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">all types of claims that may be asserted against the owner, which could adversely affect the value of the Fund&#8217;s </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">investment in the Personal Property Asset Company owning such transportation asset. Personal Property Asset </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">Companies will be subject to credit risk of the lessees&#8217; ability to the provisions of the lease of the transportation asset. </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">The Personal Property Asset Company will need to release or sell transportation assets as the current leases expire in </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">order to continue to generate revenues. The ability to re-lease or sell transportation assets will depend on general market </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">and competitive conditions. Some of the competitors of the Personal Property Asset Company may have greater access to </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">financial resources and may have greater operational flexibility. If the Personal Property Asset Company is not able to </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">re-lease a transportation asset, it may need to attempt to sell the aircraft to provide funds for its investors, including the </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">Fund.</span></div> <div style="line-height: 12.02pt; margin-top: 10.00pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-style: italic; margin-left: 29pt;">Collectible Assets Risks</span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">. The risks of collectible assets include:</span></div> <div style="line-height: 12.02pt; margin-left: 31pt; margin-top: 10.00pt; text-align: justify;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.00%; text-decoration: underline;">Valuation of Collectible Assets Risk</span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">. The market for collectible assets as a financial investment is in the early stages of </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">development. Collectible assets are typically bought and sold through auction houses, and estimates of prices of </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">collectible assets at auction are imprecise. Accordingly, collectible assets are difficult to value.</span></div>  <div style="line-height: 12.02pt; margin-left: 31pt; margin-top: 10.00pt; text-align: justify;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.00%; text-decoration: underline;">Liquidity of Collectible Assets Risk</span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">. There are relatively few auction houses in comparison to brokers and dealers of </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">traditional financial assets. The ability to sell collectible assets is dependent on the demand for particular classes of </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">collectible assets, which demand has been volatile and erratic in the past. There is no assurance that collectible assets can </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">be sold within a particular timeframe or at the price at which such collectible assets are valued, which may impair the </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">ability of the Fund to realize full value of Personal Property Asset Companies in the event of the need to liquidate such </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">assets.</span></div>  <div style="line-height: 12.02pt; margin-left: 31pt; margin-top: 10.00pt; text-align: justify;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.00%; text-decoration: underline;">Authenticity of Collectible Assets Risk</span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">. The value of collectible assets often depends on its rarity or scarcity, or of its </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">attribution as the product of a particular artisan. Collectible Assets are subject to forgery and to the inabilities to assess </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">the authenticity of the collectible asset, which may significantly impair the value of the collectible asset.</span></div>  <div style="line-height: 12.02pt; margin-left: 31pt; margin-top: 10.00pt; text-align: justify;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.00%; text-decoration: underline;">High Transaction and Related Costs Risk</span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">. Collectible assets are typically bought and sold through auction houses, which </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">typically charge commissions to the purchaser and to the seller which may exceed 20% of the sale price of the collectible </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">asset. In addition, holding collectible assets entails storage and insurance costs, which may be substantial.</span></div> <div style="line-height: 12.02pt; margin-top: 10.00pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-weight: bold;">Private Securities Risk</span></div><div style="line-height: 12.02pt; margin-top: 9.99pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;">The Fund may invest in privately issued Income Securities and Common Equity Securities of both public and private </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">companies. Private Securities have additional risk considerations than investments in comparable public investments. </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">Whenever </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">the Fund invests in companies that do not publicly report financial and other material information, it assumes a greater degree of </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">investment risk and reliance upon the Sub-Adviser&#8217;s ability to obtain and evaluate applicable information concerning such </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">companies&#8217; creditworthiness and other investment considerations. Certain Private Securities may be illiquid. Because there is </span></div><div style="line-height: 12.02pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">often no readily available trading market for Private Securities, the Fund may not be able to readily dispose of such investments </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">at prices that approximate those at which the Fund could sell them if they were more widely traded. Private Securities are also </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">more difficult to value. Valuation may require more research, and elements of judgment may play a greater role in the valuation </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">of Private Securities as compared to public securities because there is less reliable objective data available. Private Securities that </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">are debt securities generally are of below-investment grade quality, frequently are unrated and present many of the same risks as </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">investing in below-investment grade public debt securities. Investing in private debt instruments is a highly specialized </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">investment practice that depends more heavily on independent credit analysis than investments in other types of obligations.</span></div><div style="line-height: 12.02pt; margin-top: 9.80pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-weight: bold;">Investment Funds Risk</span></div><div style="line-height: 12.02pt; margin-top: 9.80pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;">As an alternative to holding investments directly, the Fund may also obtain investment exposure to Income Securities and </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">Common Equity Securities by investing up to 30% of its total assets in Investment Funds. </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">These investments include open-end </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">funds, closed-end funds, exchange-traded funds and business development companies as well as other pooled investment </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">vehicles. Investments in Investment Funds present certain special considerations and risks not present in making direct </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">investments in Income Securities and Common Equity Securities. Investments in Investment Funds subject the Fund to the risks </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">affecting such Investment Funds and involve operating expenses and fees that are in addition to the expenses and fees borne by </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">the Fund. Such expenses and fees attributable to the Fund&#8217;s investment in another Investment Fund are borne indirectly by </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">Common Shareholders. Accordingly, investment in such entities involves expenses and fees at both levels. Fees charged by other </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">Investment Funds in which the Fund invests may be similar to the fees charged by the Fund and can include asset-based </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">management fees and administrative fees payable to such entities&#8217; advisers and managers, thus resulting in fees at both levels. </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">Fees charged by other Investment Funds in which the Fund invests may be similar to the fees charged by the Fund and can </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">include asset-based management fees and administrative fees payable to such entities&#8217; advisers and managers, thus resulting in </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">duplicative fees. To the extent management fees of Investment Funds are based on total gross assets, it may create an incentive </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">for such entities&#8217; managers to employ Financial Leverage, thereby adding additional expense and increasing volatility and risk </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">(including the Fund's overall exposure to financial leverage risk). Fees payable to advisers and managers of Investment Funds </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">may include performance-based incentive fees calculated as a percentage of profits. Such incentive fees directly reduce the </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">return that otherwise would have been earned by investors over the applicable period. Fees payable to advisers and managers of </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">Investment Funds may include performance-based incentive fees calculated as a percentage of profits. Such incentive fees </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">directly reduce the return that otherwise would have been earned by investors over the applicable period. A performance-based </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">fee arrangement may create incentives for an adviser or manager to take greater investment risks in the hope of earning a higher </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">profit participation. Investments in Investment Funds frequently expose the Fund to an additional layer of Financial Leverage. </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">Investments in Investment Funds expose the Fund to additional management risk. The success of the Fund&#8217;s investments in </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">Investment Funds will depend in large part on the investment skills and implementation abilities of the advisers or managers of </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">such entities. Decisions made by the advisers or managers of such entities may cause the Fund to incur losses or to miss profit </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">opportunities. While the Sub-Adviser will seek to evaluate managers of Investment Funds and where possible independently </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">evaluate the underlying assets, a substantial degree of reliance on such entities&#8217; managers is nevertheless present with such </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">investments.</span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; line-height: 12.02pt;"> </span></div><div style="line-height: 12.02pt; margin-top: 9.81pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;">In October 2020, the SEC adopted certain regulatory changes and took other actions related to the ability of an </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">investment company to invest in another investment company (which, in certain instances, may also limit a fund&#8217;s ability to </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">invest in certain types of structured finance vehicles). These changes include, among other things, amendments to Rule 12d1-1, </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">the rescission of Rule 12d1-2, the adoption of Rule 12d1-4, and the rescission of certain exemptive relief issued by the SEC </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">permitting such investments in excess of statutory limits and the withdrawal of certain related SEC staff no-action letters. These </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">changes and actions may adversely impact the Fund&#8217;s investment strategies and operations, as well as those of the underlying </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">investment vehicles in which the Fund invests or other funds that invest in the Fund.</span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; line-height: 12.02pt;"> </span></div><div style="line-height: 12.02pt; margin-top: 9.80pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-weight: bold;">Synthetic Investments Risk</span></div><div style="line-height: 12.02pt; margin-top: 9.80pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;">As an alternative to holding investments directly, the Fund may also obtain investment exposure to Income Securities and </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">Common Equity Securities through the use of customized derivative instruments (including swaps, options, forwards, notional </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">principal contracts or other financial instruments) to replicate, modify or replace the economic attributes associated with an </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">investment in Income Securities and Common Equity Securities (including interests in Investment Funds). </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">The Fund may be </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">exposed to certain additional risks to the extent the Sub-Adviser use derivatives as a means to synthetically implement the </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">Fund&#8217;s investment strategies. If the Fund enters into a derivative instrument whereby it agrees to receive the return of a security </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">or financial instrument or a basket of securities or financial instruments, it will typically contract to receive such returns for a </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">predetermined period of time. During such period, the Fund may not have the ability to increase or decrease its exposure. In </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">addition, such customized derivative instruments will likely be highly illiquid, and it is possible that the Fund will not be able to </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">terminate such derivative instruments prior to their expiration date or that the penalties associated with such a termination might </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">impact the Fund&#8217;s performance in a material adverse manner. Furthermore, certain derivative instruments contain provisions </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">giving the counterparty the right to terminate the contract upon the occurrence of certain events. Such events may include a </span></div><div style="line-height: 12.02pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">decline in the value of the reference securities and material violations of the terms of the contract or the portfolio guidelines as </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">well as other events determined by the counterparty. If a termination were to occur, the Fund&#8217;s return could be adversely affected </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">as it would lose the benefit of the indirect exposure to the reference securities and it may incur significant termination expenses.</span></div><div style="line-height: 12.02pt; margin-top: 9.90pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;">In the event the Fund seeks to participate in Investment Funds (including Private Investment Funds) through the use of </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">such synthetic derivative instruments, the Fund will not acquire any voting interests or other shareholder rights that would be </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">acquired with a direct investment in the underlying Investment Fund. Accordingly, the Fund will not participate in matters </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">submitted to a vote of the shareholders. In addition, the Fund may not receive all of the information and reports to shareholders </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">that the Fund would receive with a direct investment in such Investment Fund.</span></div><div style="line-height: 12.02pt; margin-top: 9.90pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;">Further, the Fund will pay the counterparty to any such customized derivative instrument structuring fees and ongoing </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">transaction fees, which will reduce the investment performance of the Fund. Finally, certain tax aspects of such customized </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">derivative instruments are uncertain and a Common Shareholder&#8217;s return could be adversely affected by an adverse tax ruling.</span></div><div style="line-height: 12.02pt; margin-top: 9.91pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-weight: bold;">Inflation/Deflation Risk</span></div><div style="line-height: 12.02pt; margin-top: 9.90pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;">Inflation risk is the risk that the value of assets or income from investments will be worth less in the future as inflation </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">decreases the purchasing power and value of money. </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">As inflation increases, the real value of the Common Shares and </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">distributions can decline. Inflation rates may change frequently and significantly as a result of various factors, including </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">unexpected shifts in the domestic or global economy and changes in monetary or economic policies (or expectations that these </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">policies may change), and the Fund&#8217;s investments may not keep pace with inflation, which would adversely affect the Fund. This </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">risk is significantly elevated compared to normal conditions because of recent monetary policy measures and the current low </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">interest rate environment. In addition, during any periods of rising inflation, the dividend rates or borrowing costs associated </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">with the Fund&#8217;s use of Financial Leverage would likely increase, which would tend to further reduce returns to Common </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">Shareholders. Deflation risk is the risk that prices throughout the economy decline over time&#8212;the opposite of inflation. </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">Deflation may have an adverse affect on the creditworthiness of issuers and may make issuer default more likely, which may </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">result in a decline in the value of the Fund&#8217;s portfolio.</span></div><div style="line-height: 12.02pt; margin-top: 10.00pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-weight: bold;">Market Discount Risk</span></div><div style="line-height: 12.02pt; margin-top: 10.00pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;">The Fund&#8217;s Common Shares have traded both at a premium and at a discount in relation to net asset value. The Fund </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">cannot predict whether the Common Shares will trade in the future at a premium or discount to net asset value. </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">The Fund&#8217;s </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">Common Shares have recently traded at a premium to net asset value per share, which may not be sustainable. If the Common </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">Shares are trading at a premium to net asset value at the time you purchase Common Shares, the net asset value per share of the </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">Common Shares purchased will be less than the purchase price paid. Shares of closed-end investment companies frequently </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">trade at a discount from net asset value, but in some cases have traded above net asset value. The risk of the Common Shares </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">trading at a discount is a risk separate from the risk of a decline in the Fund&#8217;s net asset value as a result of the Fund&#8217;s investment </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">activities. The Fund&#8217;s net asset value will be reduced immediately following an offering of the Common Shares due to the costs </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">of such offering, which will be borne entirely by the Fund. The sale of Common Shares by the Fund (or the perception that such </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">sales may occur) may have an adverse effect on prices of Common Shares in the secondary market. An increase in the number of </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">Common Shares available may put downward pressure on the market price for Common Shares. The Fund may, from time to </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">time, seek the consent of Common Shareholders to permit the issuance and sale by the Fund of Common Shares at a price below </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">the Fund&#8217;s then current net asset value, subject to certain conditions, and such sales of Common Shares at price below net asset </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">value, if any, may increase downward pressure on the market price for Common Shares. These sales, if any, also might make it </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">more difficult for the Fund to sell additional Common Shares in the future at a time and price it deems appropriate.</span></div><div style="line-height: 12.02pt; margin-top: 10.00pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;">Whether a Common Shareholder will realize a gain or loss upon the sale of Common Shares depends upon whether the </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">market value of the Common Shares at the time of sale is above or below the price the Common Shareholder paid, taking into </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">account transaction costs for the Common Shares, and is not directly dependent upon the Fund&#8217;s net asset value. Because the </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">market value of the Common Shares will be determined by factors such as the relative demand for and supply of the shares in </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">the market, general market conditions and other factors outside the Fund&#8217;s control, the Fund cannot predict whether the </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">Common Shares will trade at, below or above net asset value, or at, below or above the public offering price for the Common </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">Shares. Common Shares of the Fund are designed primarily for long-term investors; investors in Common Shares should not </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">view the Fund as a vehicle for trading purposes.</span></div><div style="line-height: 12.02pt; margin-top: 10.00pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-weight: bold;">Dilution Risk</span></div><div style="line-height: 12.02pt; margin-top: 10.00pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;">The voting power of current Common Shareholders will be diluted to the extent that current Common Shareholders do </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">not purchase Common Shares in any future offerings of Common Shares or do not purchase sufficient Common Shares to </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">maintain their percentage interest. </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">If the Fund is unable to invest the proceeds of such offering as intended, the Fund&#8217;s per </span></div><div style="line-height: 12.02pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">Common Share distribution may decrease and the Fund may not participate in market advances to the same extent as if such </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">proceeds were fully invested as planned. If the Fund sells Common Shares at a price below net asset value pursuant to the </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">consent of Common Shareholders, shareholders will experience a dilution of the aggregate net asset value per Common Share </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">because the sale price will be less than the Fund&#8217;s then-current net asset value per Common Share. Similarly, were the expenses </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">of the offering to exceed the amount by which the sale price exceeded the Fund&#8217;s then current net asset value per Common </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">Share, shareholders would experience a dilution of the aggregate net asset value per Common Share. This dilution will be </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">experienced by all shareholders, irrespective of whether they purchase Common Shares in any such offering. See &#8220;Description </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">of Capital Structure&#8212;Common Shares&#8212;Issuance of Additional Common Shares.&#8221;</span></div><div style="line-height: 12.02pt; margin-top: 9.80pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-weight: bold;">Financial Leverage and Leveraged Transactions Risk</span></div><div style="line-height: 12.02pt; margin-top: 9.90pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;">Although the use of Financial Leverage and leveraged transactions by the Fund may create an opportunity for increased </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">after-tax total return for the Common Shares, it also results in additional risks and can magnify the effect of any losses. </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">If the </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">income and gains earned on securities purchased with Financial Leverage and leveraged transaction proceeds are greater than </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">the cost of Financial Leverage and leveraged transactions, the Fund&#8217;s return will be greater than if Financial Leverage and </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">leveraged transactions had not been used. Conversely, if the income or gains from the securities purchased with such proceeds </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">does not cover the cost of Financial Leverage and leveraged transactions, the return to the Fund will be less than if Financial </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">Leverage and leveraged transactions had not been used. There can be no assurance that a leveraging strategy will be </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">implemented or that it will be successful during any period during which it is employed.</span></div><div style="line-height: 12.02pt; margin-top: 9.90pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;">Financial Leverage and leveraged transactions are speculative techniques that exposes the Fund to greater risk and </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">increased costs than if they were not implemented. Increases and decreases in the value of the Fund&#8217;s portfolio will be magnified </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">when the Fund uses Financial Leverage and leveraged transactions. As a result, Financial Leverage and leveraged transactions </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">may cause greater changes in the Fund&#8217;s NAV and returns than if Financial Leverage and leveraged transactions had not been </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">used. The Fund will also have to pay interest on its indebtedness, if any, which may reduce the Fund&#8217;s return. This interest </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">expense may be greater than the Fund&#8217;s return on the underlying investment, which would negatively affect the performance of </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">the Fund.</span></div><div style="line-height: 12.02pt; margin-top: 9.90pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;">Financial Leverage and the use of leveraged transactions involve risks and special considerations for shareholders, </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">including the likelihood of greater volatility of NAV and market price of and dividends on the Common Shares than a </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">comparable portfolio without leverage; the risk that fluctuations in interest rates on Borrowings or in the dividend rate on any </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">Preferred Shares that the Fund must pay will reduce the return to the Common Shareholders; and the effect of Financial </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">Leverage and leveraged transactions in a declining market, which is likely to cause a greater decline in the NAV of the Common </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">Shares than if the Fund were not leveraged, which may result in a greater decline in the market price of the Common Shares.</span></div><div style="line-height: 12.02pt; margin-top: 9.90pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;">Because the fees received by the Investment Adviser and Sub-Adviser are based on the Managed Assets of the Fund </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">(including the proceeds of any Financial Leverage), the Investment Adviser and Sub-Adviser have a financial incentive for the </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">Fund to utilize Financial Leverage, which may create a conflict of interest between the Investment Adviser and the Sub-Adviser </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">on the one hand and the Common Shareholders on the other. Common Shareholders bear the portion of the investment advisory </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">fee attributable to the assets purchased with the proceeds of Financial Leverage, which means that Common Shareholders </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">effectively bear the entire advisory fee. In order to manage this conflict of interest, the Board receives regular reports from the </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">Adviser regarding the Fund&#8217;s use of Financial Leverage and the effect of Financial Leverage on the management of the Fund&#8217;s </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">portfolio and the performance of the Fund.</span></div><div style="line-height: 12.02pt; margin-top: 9.90pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;">Borrowings may subject the Fund to covenants in credit agreements relating to asset coverage and portfolio composition </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">requirements. Borrowings by the Fund also may subject the Fund to certain restrictions on investments imposed by guidelines of </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">one or more rating agencies, which may issue ratings for such indebtedness. Such guidelines may impose asset coverage or </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">portfolio composition requirements that are more stringent than those imposed by the 1940 Act. It is not anticipated that these </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">covenants or guidelines will impede the Adviser from managing the Fund&#8217;s portfolio in accordance with the Fund&#8217;s investment </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">objective and policies.</span></div><div style="line-height: 12.02pt; margin-top: 9.90pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;">The Fund may enter into reverse repurchase agreements with the same parties with whom they may enter into repurchase </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">agreements (as described below). Under a reverse repurchase agreement, the Fund would sell securities or other assets and agree </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">to repurchase them at a particular price at a future date. Reverse repurchase agreements involve the risks that the interest income </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">earned on the investment of the proceeds will be less than the interest expense and Fund expenses associated with the repurchase </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">agreement, that the market value of the securities or other assets sold by the Fund may decline below the price at which the Fund </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">is obligated to repurchase such securities and that the securities may not be returned to the Fund. There is no assurance that </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">reverse repurchase agreements can be successfully employed. In the event of the insolvency of the counterparty to a reverse </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">repurchase agreement, recovery of the securities or other assets sold by the Fund may be delayed. The counterparty&#8217;s insolvency </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">may result in a loss equal to the amount by which the value of the securities or other assets sold by the Fund exceeds the </span></div><div style="line-height: 12.02pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">repurchase price payable by the Fund; if the value of the purchased securities or other assets increases during such a delay, that </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">loss may also be increased. When the Fund enters into a reverse repurchase agreement, any fluctuations in the market value of </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">either the securities or other assets transferred to another party or the securities or other assets in which the proceeds may be </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">invested would affect the market value of the Fund&#8217;s assets. As a result, such transactions may increase fluctuations in the net </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">asset value of the Fund&#8217;s Common Shares.</span></div><div style="line-height: 12.02pt; margin-top: 9.81pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;">The Fund may enter into dollar roll transactions, in which the Fund sells a mortgage-backed or other security for </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">settlement on one date and buys back a substantially similar security (but not the same security) for settlement at a later date. </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">During the roll period, the Fund gives up the principal and interest payments on the security, but may invest the sale proceeds. </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">When the Fund enters into a dollar roll transaction, any fluctuation in the market value of the security transferred or the </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">securities in which the sales proceeds are invested can affect the market value of the Fund&#8217;s assets, and therefore, the Fund&#8217;s </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">NAV. Successful use of dollar rolls may depend upon the Sub-Adviser&#8217;s ability to correctly predict interest rates and </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">prepayments. There is no assurance that dollar rolls can be successfully employed. Dollar roll transactions may sometimes be </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">considered the practical equivalent of Borrowing and constitute leverage. Dollar roll transactions also involve the risk that the </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">market value of the securities the Fund is required to deliver may decline below the agreed upon repurchase price of those </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">securities. In addition, in the event that the Fund&#8217;s counterparty becomes insolvent or otherwise unable or unwilling to perform </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">its obligations, the Fund&#8217;s use of the proceeds may become restricted pending a determination as to whether to enforce the </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">Fund&#8217;s obligation to purchase the substantially similar securities.</span></div><div style="line-height: 12.02pt; margin-top: 9.90pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;">The Fund may engage in certain derivatives transactions that have economic characteristics similar to leverage. Under </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">current regulatory requirements, to the extent the terms of any such transaction obligate the Fund to make payments, to mitigate </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">leveraging risk and otherwise comply with regulatory requirements, the Fund must segregate or earmark liquid assets to meet its </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">obligations under, or otherwise cover, the transactions that may give rise to this risk. Securities so segregated or designated as </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">&#8220;cover&#8221; will be unavailable for sale by the Sub- Adviser (unless replaced by other securities qualifying for segregation or cover </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">requirements), which may adversely affect the ability of the Fund to pursue its investment objective.</span></div><div style="line-height: 12.02pt; margin-top: 9.91pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;">The Fund may have Financial Leverage and leveraged transactions outstanding during a short-term period during which </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">such Financial Leverage and leveraged transactions may not be beneficial to the Fund if the Adviser believes that the long-term </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">benefits to Common Shareholders of such Financial Leverage and leveraged transactions would outweigh the costs and portfolio </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">disruptions associated with redeeming and reissuing or closing out and reopening such Financial Leverage and leveraged </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">transactions. However, there can be no assurance that the Adviser&#8217;s judgment in weighing such costs and benefits will be correct.</span></div><div style="line-height: 12.02pt; margin-top: 9.90pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;">Recent economic and market events have contributed to severe market volatility at times and caused severe liquidity </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">strains in the credit markets during some periods. If dislocations in the credit markets continue, the Fund&#8217;s leverage costs may </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">increase and there is a risk that the Fund may not be able to renew or replace existing leverage on favorable terms or at all. If the </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">cost of leverage is no longer favorable, or if the Fund is otherwise required to reduce its leverage, the Fund may not be able to </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">maintain distributions on Common Shares at historical levels and Common Shareholders will bear any costs associated with </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">selling portfolio securities.</span></div><div style="line-height: 12.02pt; margin-top: 9.90pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;">The Fund&#8217;s total Financial Leverage and leveraged transactions may vary significantly over time. To the extent the Fund </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">increases its amount of Financial Leverage and leveraged transactions outstanding, it will be more exposed to these risks. The </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">Fund may also be exposed to the risks associated with Financial Leverage through its investments in Investment Funds.</span></div> <div style="line-height: 12.02pt; margin-top: 9.90pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-weight: bold;">Derivatives Transactions Risk</span></div> <div style="line-height: 12.02pt; margin-top: 9.90pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-style: italic; margin-left: 29pt;">Derivatives Transactions Risk</span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"> In General. In addition to the covered call option strategy described above, the Fund may, </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">but is not required to, utilize other derivatives, including futures contracts, swaps transactions and other strategic transactions to </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">seek to earn income, facilitate portfolio management and mitigate risks. </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">Participation in derivatives markets transactions </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">involves investment risks and transaction costs to which the Fund would not be subject absent the use of these strategies (other </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">than its covered call writing strategy). Certain derivatives transactions that involve leverage can result in losses that greatly </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">exceed the amount originally invested. Derivatives transactions utilizing instruments denominated in foreign currencies will </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">expose the Fund to foreign currency risk. Derivatives transactions involve risks of mispricing or improper valuation, and the </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">documentation governing a derivative instrument or transaction may be unfavorable or ambiguous. Derivatives transactions may </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">involve commissions and other costs, which may increase the Fund&#8217;s expenses and reduce its return. Various legislative and </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">regulatory initiatives may impact the availability, liquidity and cost of derivative instruments, limit or restrict the ability of the </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">Fund to use certain derivative instruments or transact with certain counterparties as a part of its investment strategy, increase the </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">costs of using derivative instruments or make derivative instruments less effective. In connection with certain derivatives </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">transactions, under current regulatory requirements, to the extent the terms of any such transaction obligate the Fund to make </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">payments, the Fund may be required to segregate liquid assets or otherwise cover such transactions. The Fund also may be </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">required to deposit amounts as premiums or to be held in margin accounts. Such amounts may not otherwise be available to the </span></div><div style="line-height: 12.02pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">Fund for investment purposes. The Fund may earn a lower return on its portfolio than it might otherwise earn if it did not have to </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">segregate assets in respect of, or otherwise cover, its derivatives transactions positions. To the extent the Fund&#8217;s assets are </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">segregated or committed as cover, it could limit the Fund&#8217;s investment flexibility. Segregating assets and covering positions will </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">not limit or offset losses on related positions. Participation in derivatives market transactions involves investment risks and </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">transaction costs to which the Fund would not be subject absent the use of these strategies. </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">The skills necessary to successfully </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">execute derivatives strategies may be different from those for more traditional portfolio management techniques, and if the Sub-Adviser</span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"> is incorrect about its expectations of market conditions, the use of derivatives could also result in a loss, which in some </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">cases may be unlimited. Additional risks inherent in the use of derivatives include:</span></div><div> <div style="clear: both; margin-top: 9.70pt; position: relative; width: 100%;"> <div style="float: left; line-height: 12.02pt; text-align: left; width: 3.51pt;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">&#8226;</span></div> <div style="float: left; line-height: 12.02pt; margin-left: 25.49pt; text-align: justify; width: 482.00pt;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">dependence on the Sub-Adviser&#8217;s ability to predict correctly movements in the direction of interest rates and securities </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">prices;</span></div> </div> <div style="clear: both; position: relative;"/> </div><div> <div style="clear: both; margin-top: 9.71pt; position: relative; width: 100%;"> <div style="float: left; line-height: 12.02pt; text-align: left; width: 3.51pt;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">&#8226;</span></div> <div style="float: left; line-height: 12.02pt; margin-left: 25.49pt; text-align: left; width: 482.00pt;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">imperfect correlation between the price of derivatives and movements in the prices of the securities being hedged;</span></div> </div> <div style="clear: both; position: relative;"/> </div><div> <div style="clear: both; margin-top: 9.70pt; position: relative; width: 100%;"> <div style="float: left; line-height: 12.02pt; text-align: left; width: 3.51pt;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">&#8226;</span></div> <div style="float: left; line-height: 12.02pt; margin-left: 25.49pt; text-align: left; width: 482.00pt;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">the fact that skills needed to use these strategies are different from those needed to select portfolio securities;</span></div> </div> <div style="clear: both; position: relative;"/> </div><div> <div style="clear: both; margin-top: 9.70pt; position: relative; width: 100%;"> <div style="float: left; line-height: 12.02pt; text-align: left; width: 3.51pt;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">&#8226;</span></div> <div style="float: left; line-height: 12.02pt; margin-left: 25.49pt; text-align: left; width: 482.00pt;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">the possible absence of a liquid secondary market for any particular instrument at any time;</span></div> </div> <div style="clear: both; position: relative;"/> </div><div> <div style="clear: both; margin-top: 9.70pt; position: relative; width: 100%;"> <div style="float: left; line-height: 12.02pt; text-align: left; width: 3.51pt;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">&#8226;</span></div> <div style="float: left; line-height: 12.02pt; margin-left: 25.49pt; text-align: left; width: 482.00pt;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">the possible need to defer closing out certain hedged positions to avoid adverse tax consequences;</span></div> </div> <div style="clear: both; position: relative;"/> </div><div> <div style="clear: both; margin-top: 9.70pt; position: relative; width: 100%;"> <div style="float: left; line-height: 12.02pt; text-align: left; width: 3.51pt;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">&#8226;</span></div> <div style="float: left; line-height: 12.02pt; margin-left: 25.49pt; text-align: justify; width: 482.00pt;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">the possible inability of the Fund to purchase or sell a security at a time that otherwise would be favorable for it to do so, </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">or the possible need for the Fund to sell a security at a disadvantageous time due to a need for the Fund to maintain </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">&#8220;cover&#8221; or to segregate securities in connection with the hedging techniques; and</span></div> </div> <div style="clear: both; position: relative;"/> </div><div> <div style="clear: both; margin-top: 9.70pt; position: relative; width: 100%;"> <div style="float: left; line-height: 12.02pt; text-align: left; width: 3.51pt;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">&#8226;</span></div> <div style="float: left; line-height: 12.02pt; margin-left: 25.49pt; text-align: left; width: 482.00pt;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">the creditworthiness of counterparties.</span></div> </div> <div style="clear: both; position: relative;"/> </div> <div style="line-height: 12.02pt; margin-top: 9.70pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-style: italic; margin-left: 29pt;">Futures Transactions Risk</span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">. The Fund may invest in futures contracts and options on futures contracts. Futures and options </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">on futures entail certain risks, including but not limited to the following:</span></div> <div> <div style="clear: both; margin-top: 9.70pt; position: relative; width: 100%;"> <div style="float: left; line-height: 12.02pt; text-align: left; width: 3.51pt;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">&#8226;</span></div> <div style="float: left; line-height: 12.02pt; margin-left: 25.49pt; text-align: left; width: 482.00pt;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">no assurance that futures contracts or options on futures can be offset at favorable prices;</span></div> </div> <div style="clear: both; position: relative;"/> </div><div> <div style="clear: both; margin-top: 9.70pt; position: relative; width: 100%;"> <div style="float: left; line-height: 12.02pt; text-align: left; width: 3.51pt;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">&#8226;</span></div> <div style="float: left; line-height: 12.02pt; margin-left: 25.49pt; text-align: left; width: 482.00pt;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">possible reduction of the return of the Fund due to their use for hedging;</span></div> </div> <div style="clear: both; position: relative;"/> </div> <div> <div style="clear: both; margin-top: 9.71pt; position: relative; width: 100%;"> <div style="float: left; line-height: 12.02pt; text-align: left; width: 3.51pt;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">&#8226;</span></div> <div style="float: left; line-height: 12.02pt; margin-left: 25.49pt; text-align: left; width: 482.00pt;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">possible reduction in value of both the securities hedged and the hedging instrument;</span></div> </div> <div style="clear: both; position: relative;"/> </div> <div> <div style="clear: both; margin-top: 9.70pt; position: relative; width: 100%;"> <div style="float: left; line-height: 12.02pt; text-align: left; width: 3.51pt;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">&#8226;</span></div> <div style="float: left; line-height: 12.02pt; margin-left: 25.49pt; text-align: justify; width: 482.00pt;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">possible lack of liquidity, trading restrictions or limitations that may be imposed by an exchange, and the potential that </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">government regulations may restrict trading</span></div> </div> <div style="clear: both; position: relative;"/> </div><div> <div style="clear: both; margin-top: 9.70pt; position: relative; width: 100%;"> <div style="float: left; line-height: 12.02pt; text-align: left; width: 3.51pt;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">&#8226;</span></div> <div style="float: left; line-height: 12.02pt; margin-left: 25.49pt; text-align: left; width: 482.00pt;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">imperfect correlation between the contracts and the securities being hedged; and</span></div> </div> <div style="clear: both; position: relative;"/> </div><div> <div style="clear: both; margin-top: 9.70pt; position: relative; width: 100%;"> <div style="float: left; line-height: 12.02pt; text-align: left; width: 3.51pt;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">&#8226;</span></div> <div style="float: left; line-height: 12.02pt; margin-left: 25.49pt; text-align: justify; width: 482.00pt;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">losses from investing in futures transactions that are potentially unlimited and the segregation requirements for such </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">transactions.</span></div> </div> <div style="clear: both; position: relative;"/> </div><div style="line-height: 12.02pt; margin-top: 9.70pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;">Under current regulatory requirements, with respect to futures contracts that are not contractually required to &#8220;cash-settle,&#8221;</span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"> the Fund usually must cover its open positions by earmarking or segregating on its records cash or liquid assets equal to </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">the contract&#8217;s notional value. For futures contracts that are &#8220;cash-settled,&#8221; however, the Fund is permitted to earmark or segregate </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">cash or liquid assets in an amount equal to the Fund&#8217;s next daily marked-to-market (net) obligation, if any (i.e., the Fund&#8217;s daily </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">net liability) rather than the notional value. By earmarking or designating assets equal to only its net obligation under cash-settled</span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"> futures, the Fund will have the ability to employ leverage to a greater extent than if the Fund were required to earmark or </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">segregate assets equal to the full notional value of such contracts. However, as described above, the SEC adopted a final rule </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">related to the use of derivatives, reverse repurchase agreements and certain other transactions by registered investment </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">companies that will rescind and withdraw the guidance of the SEC and its staff regarding asset segregation and coverage </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">transactions reflected in the Fund&#8217;s asset segregation and cover practices discussed herein.</span></div><div style="line-height: 12.02pt; margin-top: 9.81pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-style: italic; margin-left: 29pt;">Counterparty Risk</span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">. Counterparty risk is the risk that a counterparty to a Fund transaction (e.g., prime brokerage or </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">securities lending arrangement or derivatives transaction) will be unable or unwilling to perform its contractual obligation to the </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">Fund. The Fund is exposed to credit risks that the counterparty may be unwilling or unable to make timely payments or </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">otherwise meet its contractual obligations. If the counterparty becomes bankrupt or defaults on (or otherwise becomes unable or </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">unwilling to perform) its payment or other obligations to the Fund, the Fund may not receive the full amount that it is entitled to </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">receive or may experience delays in recovering the collateral or other assets held by, or on behalf of, the counterparty. If this </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">occurs, or if exercising contractual rights involves delays or costs for the Fund, the value of your shares in the Fund may </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">decrease.</span></div><div style="line-height: 12.02pt; margin-top: 10pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;">The Fund bears the risk that counterparties may be adversely affected by legislative or regulatory changes, adverse </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">market conditions (such as the current conditions), increased competition, and/or wide scale credit losses resulting from </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">financial difficulties of the counterparties&#8217; other trading partners or borrowers.</span></div><div style="line-height: 12.02pt; margin-top: 9.80pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;">The counterparty risk for cleared derivatives is generally lower than for uncleared OTC derivatives transactions since </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">generally a clearing organization becomes substituted for each counterparty to a cleared derivative contract and, in effect, </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">guarantees the parties&#8217; performance under the contract as each party to a trade looks only to the clearing organization for </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">performance of financial obligations under the derivative contract. However, there can be no assurance that a clearing </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">organization, or its members, will satisfy its obligations to the Fund.</span></div><div style="line-height: 12.02pt; margin-top: 9.80pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-style: italic; margin-left: 29pt;">Risks Associated with Swaps</span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">. The Fund may enter into swap transactions, including credit default swaps, total return </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">swaps, index swaps, currency swaps, commodity swaps and interest rate swaps, as well as options thereon, and may purchase or </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">sell interest rate caps, floors and collars. The Fund may utilize swap agreements in an attempt to gain exposure to certain </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">securities without purchasing those securities, which is speculative, or to hedge a position.</span></div><div style="line-height: 12.02pt; margin-top: 9.90pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;">Risks associated with the use of swap agreements are different from those associated with ordinary portfolio securities </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">transactions, largely due to the fact they could be considered illiquid and many swaps currently trade on the OTC market. If the </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">Sub-Adviser is incorrect in its forecasts of market values, interest rates or currency exchange rates, the investment performance </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">of the Fund may be less favorable than it would have been if these investment techniques were not used. Such transactions are </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">subject to market risk, risk of default by the other party to the transaction and risk of imperfect correlation between the value of </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">such instruments and the underlying assets and may involve commissions or other costs. Swaps generally do not involve the </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">delivery of securities, other underlying assets or principal. Accordingly, the risk of loss with respect to swaps generally is limited </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">to the net amount of payments that the Fund is contractually obligated to make, or in the case of the other party to a swap </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">defaulting, the net amount of payments that the Fund is contractually entitled to receive. Swaps are subject to valuation, liquidity </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">and leveraging risks and could result in substantial losses to the Fund.</span></div><div style="line-height: 12.02pt; margin-top: 9.90pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;">Swaps may effectively add leverage to the Fund&#8217;s portfolio because the Fund would be subject to investment exposure on </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">the full notional amount of the swap. Swaps are subject to the risk that a counterparty will default on its payment obligations to </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">the Fund thereunder.</span></div><div style="line-height: 12.02pt; margin-top: 9.90pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;">When the Fund acts as a seller of a credit default swap agreement with respect to a debt security, it is subject to the risk </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">that an adverse credit event may occur with respect to the issuer of the debt security and the Fund may be required to pay the </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">buyer the full notional value of the debt security under the swap net of any amounts owed to the Fund by the buyer under the </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">swap (such as the buyer&#8217;s obligation to deliver the debt security to the Fund). As a result, the Fund bears the entire risk of loss </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">due to a decline in value of a referenced debt security on a credit default swap it has sold if there is a credit event with respect to </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">the issuer of the security. If the Fund is a buyer of a credit default swap and no credit event occurs, the Fund may recover </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">nothing if the swap is held through its termination date. However, if a credit event occurs, the Fund generally may elect to </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">receive the full notional value of the swap in exchange for an equal face amount of deliverable obligations of the reference entity </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">whose value may have significantly decreased.</span></div><div style="line-height: 12.02pt; margin-top: 9.90pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;">The swap market has become more standardized in recent years with a large number of banks and investment banking </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">firms acting both as principals and as agents utilizing standardized swap documentation. As a result, some swaps have become </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">relatively liquid. Although the swap market has become liquid, certain types of derivatives products, such as caps, floors and </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">collars may be less liquid than swaps in general.</span></div><div style="line-height: 12.02pt; margin-top: 9.90pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;">Certain standardized swaps are subject to mandatory exchange-trading and/or central clearing. Exchange-trading and </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">central clearing are expected to reduce counterparty credit risk and increase liquidity, but exchange-trading and central clearing </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">do not make swap transactions risk-free. The Dodd-Frank Wall Street Reform and Consumer Protection Act (the &#8220;Dodd-Frank </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">Act&#8221;) and related regulatory developments require the clearing and exchange-trading of certain OTC derivative instruments that </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">the CFTC and SEC have defined as &#8220;swaps.&#8221; Mandatory exchange-trading and clearing are occurring on a phased-in basis based </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">on CFTC approval of contracts for central clearing. Depending on the Fund&#8217;s size and other factors, the margin required under </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">the rules of the clearinghouse and by the clearing member may be in excess of the collateral required to be posted by the Fund to </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">support its obligations under a similar bilateral swap. In addition, regulators have developed rules that require trading and </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">execution of the most liquid swaps on trading facilities. Moving trading to an exchange-type system may increase market </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">transparency and liquidity but may require the Fund to incur increased expenses to access the same types of cleared and </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">uncleared swaps. In addition, the CFTC and other applicable regulators have adopted rules imposing certain margin </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">requirements, including minimums, on uncleared swaps which may result in the Fund and its counterparties posting higher </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">margin amounts for uncleared swaps. Recently adopted rules also require centralized reporting of detailed information about </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">many types of cleared and uncleared swaps. Reporting of swap data may result in greater market transparency, but may subject </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">the Fund to additional administrative burdens and the safeguards established to protect trader anonymity may not function as </span></div><div style="line-height: 12.02pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">expected. The Sub-Adviser will continue to monitor developments in this area, particularly to the extent regulatory changes </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">affect the ability of the Fund to enter into swap agreements. In addition, the CFTC in October 2020 adopted amendments to its </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">position limits rules that establish certain new and amended position limits for 25 specified physical commodity futures and </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">related options contracts traded on exchanges, other futures contracts and related options directly or indirectly linked to such 25 </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">specified contracts, and any OTC transactions that are economically equivalent to the 25 specified contracts.</span></div><div style="line-height: 12.02pt; margin-top: 10.30pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;">Further regulatory developments in the swap market may adversely impact the swap market generally or the Fund&#8217;s </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">ability to use swaps.</span></div><div style="line-height: 12.02pt; margin-top: 10.30pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-weight: bold;">Portfolio Turnover Risk</span></div><div style="line-height: 12.02pt; margin-top: 10.30pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;">The Fund&#8217;s annual portfolio turnover rate may vary greatly from year to year. Portfolio turnover rate is not considered a </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">limiting factor in the execution of investment decisions for the Fund. A higher portfolio turnover rate results in correspondingly </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">greater brokerage commissions and other transactional expenses that are borne by the Fund. High portfolio turnover may result </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">in an increased realization of net short-term capital gains by the Fund which, when distributed to Common Shareholders, will be </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">taxable as ordinary income. Additionally, in a declining market, portfolio turnover may create realized capital losses. See &#8220;U.S. </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">Federal Income Tax Considerations.&#8221;</span></div><div style="line-height: 12.02pt; margin-top: 10.29pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-weight: bold;">U.S. Government Securities Risk</span></div><div style="line-height: 12.02pt; margin-top: 10.30pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;">Different types of U.S. government securities have different relative levels of credit risk depending on the nature of the </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">particular government support for that security. U.S. government securities may be supported by: (i)&#160;the full faith and credit of </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">the United States government; (ii)&#160;the ability of the issuer to borrow from the U.S. Treasury; (iii)&#160;the credit of the issuing agency, </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">instrumentality or government-sponsored entity (&#8220;GSE&#8221;); (iv)&#160;pools of assets (e.g., mortgage-backed securities); or (v)&#160;the </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">United States in some other way. </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">The U.S. government and its agencies and instrumentalities do not guarantee the market value </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">of their securities, which may fluctuate in value and are subject to investment risks, and certain U.S. government securities may </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">not be backed by the full faith and credit of the United States government. The value of U.S. government obligations may be </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">adversely affected by changes in interest rates. It is possible that the issuers of some U.S. government securities will not have the </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">funds to timely meet their payment obligations in the future and there is a risk of default. For certain agency and GSE issued </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">securities, there is no guarantee the U.S. government will support the agency or GSE if it is unable to meet its obligations.</span></div><div style="line-height: 12.02pt; margin-top: 10.29pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-weight: bold;">Legislation and Regulation Risk</span></div><div style="line-height: 12.02pt; margin-top: 10.30pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;">At any time after the date hereof, U.S. and non-U.S. governmental agencies and other regulators may implement </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">additional regulations and legislators may pass new laws that affect the investments held by the Fund, the strategies used by the </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">Fund or the level of regulation or taxation applying to the Fund (such as regulations related to investments in derivatives and </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">other transactions). These regulations and laws impact the investment strategies, performance, costs and operations of the Fund, </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">as well as the way investments in, and shareholders of, the Fund are taxed.</span></div><div style="line-height: 12.02pt; margin-top: 10.29pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-weight: bold;">LIBOR Replacement Risk</span></div><div style="line-height: 12.02pt; margin-top: 10.30pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;">The terms of many investments, financings or other transactions in the U.S. and globally have been historically tied to </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">interbank reference rates (referred to collectively as the &#8220;London Interbank Offered Rate&#8221; or &#8220;LIBOR&#8221;), which function as a </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">reference rate or benchmark for such investments, financings or other transactions. </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">LIBOR may be a significant factor in </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">determining payment obligations under derivatives transactions, the cost of financing of Fund investments or the value or return </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">on certain other Fund investments. As a result, LIBOR may be relevant to, and directly affect, the Fund&#8217;s performance.</span></div><div style="line-height: 12.02pt; margin-top: 10.30pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;">On July 27, 2017, the Chief Executive of the Financial Conduct Authority (&#8220;FCA&#8221;), the United Kingdom&#8217;s financial </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">regulatory body and regulator of LIBOR, announced that after 2021 it will cease its active encouragement of banks to provide </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">the quotations needed to sustain LIBOR due to the absence of an active market for interbank unsecured lending and other </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">reasons. On March&#160;5, 2021, the FCA and the LIBOR administrator announced that most tenors and settings of LIBOR will be </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">officially discontinued on December&#160;31, 2021 and the most widely used U.S. dollar LIBOR tenors will be discontinued on </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">June&#160;30, 2023 and that such LIBOR rates will no longer be sufficiently robust to be representative of their underlying markets </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">around that time. Various financial industry groups have begun planning for that transition and certain regulators and industry </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">groups have taken actions to establish alternative reference rates (e.g., the Secured Overnight Financing Rate, which measures </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">the cost of overnight borrowings through repurchase agreement transactions collateralized with U.S. Treasury securities and is </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">intended to replace U.S. dollar LIBOR with certain adjustments). However, there are challenges to converting contracts and </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">transactions to a new benchmark and neither the full effects of the transition process nor its ultimate outcome is known.</span></div><div style="line-height: 12.02pt; margin-top: 10pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;">The transition process might lead to increased volatility and illiquidity in markets for instruments with terms tied to </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">LIBOR. It could also lead to a reduction in the interest rates on, and the value of, some LIBOR-based investments and reduce </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">the effectiveness of hedges mitigating risk in connection with LIBOR-based investments. Although some LIBOR-based </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">instruments may contemplate a scenario where LIBOR is no longer available by providing for an alternative rate-setting </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">methodology or increased costs for certain LIBOR-related instruments or financing transactions, others may not have such </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">provisions and there may be significant uncertainty regarding the effectiveness of any such alternative methodologies. </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">Instruments that include robust fallback provisions to facilitate the transition from LIBOR to an alternative reference rate may </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">also include adjustments that do not adequately compensate the holder for the different characteristics of the alternative </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">reference rate. The result may be that the fallback provision results in a value transfer from one party to the instrument to the </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">counterparty. Additionally, because such provisions may differ across instruments (e.g., hedges versus cash positions hedged), </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">LIBOR&#8217;s cessation may give rise to basis risk and render hedges less effective. As the usefulness of LIBOR as a benchmark </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">could deteriorate during the transition period, these effects and related adverse conditions could occur prior to the end of some </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">LIBOR tenors in 2021 or the remaining LIBOR tenors in mid-2023. There also remains uncertainty and risk regarding the </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">willingness and ability of issuers to include enhanced provisions in new and existing contracts or instruments. The effect of any </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">changes to, or discontinuation of, LIBOR on the Fund will vary depending, among other things, on (1) existing fallback or </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">termination provisions in individual contracts and the possible renegotiation of existing contracts and (2) whether, how, and </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">when industry participants develop and adopt new reference rates and fallbacks for both legacy and new products and </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">instruments. Fund investments may also be tied to other interbank offered rates and currencies, which also will face similar </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">issues. In many cases, in the event that an instrument falls back to an alternative reference rate, including the Secured Overnight </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">Financing Rate (&#8220;SOFR&#8221;), the alternative reference rate will not perform the same as LIBOR because the alternative reference </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">rates do not include a credit sensitive component in the calculation of the rate. The alternative reference rates are generally </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">secured by U.S. treasury securities and will reflect the performance of the market for U.S. treasury securities and not the inter-bank</span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"> lending markets. In the event of a credit crisis, floating rate instruments using alternative reference rates could therefore </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">perform differently than those instruments using a rate indexed to the inter-bank lending market.</span></div><div style="line-height: 12.02pt; margin-top: 10.30pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;">The state of New York recently adopted legislation that would require LIBOR-based contracts that do not include a </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">fallback to a rate other than LIBOR or an inter-bank quotation poll to use a SOFR-based rate plus a spread adjustment. Pending </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">legislation in the U.S. Congress may also affect the transition of LIBOR-based instruments as well by permitting trustees and </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">calculation agents to transition instruments with no LIBOR transition language to an alternative reference rate selected by such </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">agents. The New York statute and the federal legislative proposal includes safe harbors from liability, which may limit the </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">recourse the Fund may have if the alternative reference rate does not fully compensate the Fund for the transition of an </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">instrument from LIBOR. If enacted, the federal legislation may also preempt the New York statute, which may create uncertainty </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">to the extent a party has sought to rely on the New York statute to select a replacement benchmark rate.</span></div><div style="line-height: 12.02pt; margin-top: 10.30pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;">These developments could negatively affect financial markets in general and present heightened risks, including with </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">respect to the Fund&#8217;s investments. As a result of this uncertainty and developments relating to the transition process, the Fund </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">and its investments may be adversely affected.</span></div><div style="line-height: 12.02pt; margin-top: 10.30pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-weight: bold;">Recent Market Developments Risk</span></div><div style="line-height: 12.02pt; margin-top: 10.29pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;">Periods of market volatility remain, and may continue to occur in the future, in response to various political, social, </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">economic and public health events both within and outside of the United States. </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">These conditions have resulted in, and in many </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">cases continue to result in, greater price volatility, less liquidity, widening credit spreads and a lack of price transparency, with </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">certain securities remaining illiquid and of uncertain value. Such market conditions may adversely affect the Fund, including by </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">making valuation of some of the Fund&#8217;s securities uncertain and/or result in sudden and significant valuation increases or </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">declines in the Fund&#8217;s holdings. If there is a significant decline in the value of the Fund&#8217;s portfolio, this may impact the asset </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">coverage levels for the Fund&#8217;s outstanding leverage.</span></div><div style="line-height: 12.02pt; margin-top: 10.30pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">Risks resulting from any future debt or other economic or public health crisis could also have a detrimental impact on the global </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">economic recovery, the financial condition of financial institutions and the Fund&#8217;s business, financial condition and results of </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">operation. Market and economic disruptions have affected, and may in the future affect, consumer confidence levels and </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">spending, personal bankruptcy rates, levels of incurrence and default on consumer debt and home prices, among other factors. </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">To the extent uncertainty regarding the U.S. or global economy negatively impacts consumer confidence and consumer credit </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">factors, the Fund&#8217;s business, financial condition and results of operations could be significantly and adversely affected. </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">Downgrades to the credit ratings of major banks could result in increased borrowing costs for such banks and negatively affect </span></div><div style="line-height: 12.02pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">the broader economy. Moreover, Federal Reserve policy, including with respect to certain interest rates, may also adversely </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">affect the value, volatility and liquidity of dividend- and interest-paying securities. Market volatility, rising interest rates and/or </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">unfavorable economic conditions could impair the Fund&#8217;s ability to achieve its investment objective.</span></div><div style="line-height: 12.02pt; margin-top: 10.39pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;">The outbreak of COVID-19 and the current recovery underway has caused disruption to consumer demand and economic </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">output and supply chains. There are still travel restrictions and quarantines, and adverse impacts on local and global economies. </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">As with other serious economic disruptions, governmental authorities and regulators have in the past responded (and may in the </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">future respond to similar crises) to this crisis with significant fiscal and monetary policy changes, including by providing direct </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">capital infusions into companies, introducing new monetary programs and considerably lowering interest rates, which, in some </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">cases resulted in negative interest rates and higher inflation. These actions, including their possible unexpected or sudden </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">reversal or potential ineffectiveness, could further increase volatility in securities and other financial markets, reduce market </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">liquidity, continue to cause higher inflation, heighten investor uncertainty and adversely affect the value of the Fund&#8217;s </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">investments and the performance of the Fund.</span></div><div style="line-height: 12.02pt; margin-top: 10.29pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-weight: bold;">Increasing Government and other Public Debt Risk</span></div><div style="line-height: 12.02pt; margin-top: 10.30pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;">Government and other public debt, including municipal obligations in which the Fund may invest, can be adversely </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">affected by large and sudden changes in local and global economic conditions that result in increased debt levels. </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">Although high </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">levels of government and other public debt do not necessarily indicate or cause economic problems, high levels of debt may </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">create certain systemic risks if sound debt management practices are not implemented. A high debt level may increase market </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">pressures to meet an issuer&#8217;s funding needs, which may increase borrowing costs and cause a government or public or municipal </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">entity to issue additional debt, thereby increasing the risk of refinancing. A high debt level also raises concerns that the issuer </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">may be unable or unwilling to repay the principal or interest on its debt, which may adversely impact instruments held by the </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">Fund that rely on such payments. Extraordinary governmental and quasigovernmental responses to the current economic, </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">market, labor and public health conditions are significantly increasing government and other public debt, which heighten these </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">risks and the long term consequences of these actions are not known. Unsustainable debt levels can decline the valuation of </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">currencies, and can prevent a government from implementing effective counter-cyclical fiscal policy during economic </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">downturns or can lead to increases in inflation or generate or contribute to an economic downturn.</span></div><div style="line-height: 12.02pt; margin-top: 10.30pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-weight: bold;">Municipal Securities Risk</span></div><div style="line-height: 12.02pt; margin-top: 10.30pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;">Municipal securities are subject to a variety of risks, including credit, interest, prepayment, liquidity, and valuation risks. </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">In addition, municipal securities can be adversely affected by (i) unfavorable legislative, political or other developments or </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">events, including natural disasters and public health conditions, and (ii) changes in the economic and fiscal conditions of issuers </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">of municipal securities or the federal government (in cases where it provides financial support to such issuers). Municipal </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">securities may be fully or partially backed by the taxing authority or revenue of a local government, the credit of a private issuer, </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">or the current or anticipated revenues from a specific project, which may be adversely affected as a result of economic and </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">public health conditions. </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">Certain sectors of the municipal bond market have special risks that can affect them more significantly </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">than the market as a whole. Because many municipal instruments are issued to finance similar projects (such as education, </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">health care, transportation and utilities), conditions in these industries can significantly affect the overall municipal market. </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">Municipal securities that are insured may be adversely affected by developments relevant to that particular insurer, or more </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">general developments relevant to the market as a whole. Municipal securities can be difficult to value and be less liquid than </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">other investments, which may affect performance.</span></div><div style="line-height: 12.02pt; margin-top: 10.30pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;">Investments in municipal securities are subject to risks associated with the financial health of the issuers of such </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">securities or the revenue associated with underlying projects. For example, the current COVID-19 pandemic has significantly </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">stressed the financial resources of many municipalities and other issuers of municipal securities, which may impair their ability </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">to meet their financial obligations and may harm the value or liquidity of the Fund&#8217;s investments in municipal securities. In </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">particular, responses by municipalities and other governmental authorities to the COVID-19 pandemic have caused disruptions </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">in business and other activities. These and other effects of the COVID-19 pandemic, such as increased unemployment levels, </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">have impacted tax and other revenues of municipalities and other issuers of municipal securities and the financial conditions of </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">such issuers. In addition, in response to the COVID-19 pandemic, governmental authorities and regulators have enacted and are </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">enacting significant fiscal and monetary policy changes, which present heightened risks to municipal securities, and such risks </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">could be even further heightened if these actions are unexpectedly or suddenly discontinued, disrupted, reversed or are </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">ineffective in achieving their desired outcomes or lead to increases in inflation. Furthermore, governmental authorities have </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">proposed various forms of relief for municipal issuers. As a result, there is an increased budgetary and financial pressure on </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">municipalities and other issuers of municipal securities and heightened risk of default or other adverse credit or similar events </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">for issuers of municipal securities, which would adversely impact the Fund&#8217;s investments.</span></div><div style="line-height: 12.02pt; margin-top: 10pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-weight: bold;">When-Issued and Delayed Delivery Transactions Risk</span></div><div style="line-height: 12.02pt; margin-top: 9.80pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;">Securities purchased on a when-issued or delayed delivery basis may expose the Fund to counterparty risk of default as </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">well as the risk that securities may experience fluctuations in value prior to their actual delivery. The Fund generally will not </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">accrue income with respect to a when-issued or delayed delivery security prior to its stated delivery date. Purchasing securities </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">on a when-issued or delayed delivery basis can involve the additional risk that the price or yield available in the market when the </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">delivery takes place may not be as favorable as that obtained in the transaction itself.</span></div><div style="line-height: 12.02pt; margin-top: 9.80pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-weight: bold;">Short Sales Risk</span></div><div style="line-height: 12.02pt; margin-top: 9.80pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;">The Fund may make short sales of securities. Short selling a security involves selling a borrowed security with the </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">expectation that the value of that security will decline, so that the security may be purchased at a lower price when returning the </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">borrowed security.</span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"> If the price of the security sold short increases between the time of the short sale and the time the Fund </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">replaces the borrowed security, the Fund will incur a loss; conversely, if the price declines, the Fund will realize a capital gain. </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">Any gain will be decreased, and any loss will be increased, by the transaction costs incurred by the Fund, including the costs </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">associated with providing collateral to the broker-dealer (usually cash and liquid securities) and the maintenance of collateral </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">with its custodian. Although the Fund&#8217;s gain is limited to the price at which it sold the security short, its potential loss is </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">theoretically unlimited and is greater than a direct investment in the security itself because the price of the borrowed or reference </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">security may rise. The Fund may not always be able to close out a short position at a particular time or at an acceptable price. A </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">lender may request that borrowed securities be returned to it on short notice, and the Fund may have to buy the borrowed </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">securities at an unfavorable price, resulting in a loss. The Fund may have to pay a premium to borrow the securities and must pay </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">any dividends or interest payable on the securities until they are replaced, which will be expenses of the Fund. Short sales also </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">subject the Fund to risks related to the lender (such as bankruptcy risks) or the general risk that the lender does not comply with </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">its obligations. Government actions also may affect the Fund&#8217;s ability to engage in short selling. The use of physical short sales </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">is typically more expensive than gaining short exposure through derivatives.</span></div><div style="line-height: 12.02pt; margin-top: 9.80pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-weight: bold;">Repurchase Agreement Risk</span></div><div style="line-height: 12.02pt; margin-top: 9.80pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;">The Fund may enter into bilateral and tri-party repurchase agreements. In a typical Fund repurchase agreement, the Fund </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">enters into a contract with a broker, dealer, or bank (the &#8220;counterparty&#8221; to the transaction) for the purchase of securities or other </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">assets. The counterparty agrees to repurchase the securities or other assets at a specified future date, or on demand, for a price </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">that is sufficient to return to the Fund its original purchase price, plus an additional amount representing the return on the Fund&#8217;s </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">investment. </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">Such repurchase agreements economically function as a secured loan from the Fund to a counterparty. If the </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">counterparty defaults on the repurchase agreement, the Fund will retain possession of the underlying securities or other assets. If </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">bankruptcy proceedings are commenced with respect to the seller, realization on the collateral by the Fund may be delayed or </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">limited and the Fund may incur additional costs. In such case, the Fund will be subject to risks associated with changes in </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">market value of the collateral securities or other assets. Each Fund intends to enter into repurchase agreements only with </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">brokers, dealers, or banks or other permitted counterparties after the Adviser (or Sub-Adviser) evaluates the creditworthiness of </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">the counterparty. The Fund will not enter into repurchase agreements with the Investment Adviser or Sub-Adviser or their </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">affiliates. Except as described elsewhere in this SAI and as provided under applicable law, the Fund may enter into repurchase </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">agreements without limitation.</span></div><div style="line-height: 12.02pt; margin-top: 9.90pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;">Repurchase agreements collateralized fully by cash items, U.S. government securities or by securities issued by an issuer </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">that the Fund&#8217;s Board of Trustees, or its delegate, has determined at the time the repurchase agreement is entered into has an </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">exceptionally strong capacity to meet its financial obligations (&#8220;Qualifying Collateral&#8221;) and meet certain liquidity standards </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">generally may be deemed to be &#8220;collateralized fully&#8221; and may be deemed to be investments in the underlying securities for </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">certain purposes. The Fund may accept collateral other than Qualifying Collateral determined by the Investment Adviser or Sub-Adviser</span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"> to be in the best interests of the Fund to accept as collateral for such repurchase agreement (which may include high </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">yield debt instruments that are rated below investment grade) (&#8220;Alternative Collateral&#8221;). Repurchase agreements secured by </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">Alternative Collateral are not deemed to be &#8220;collateralized fully&#8221; under applicable regulations and the repurchase agreement is </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">therefore considered a separate security issued by the counterparty to the Fund. Accordingly, the Fund must include repurchase </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">agreements that are not &#8220;collateralized fully&#8221; in its calculations of securities issued by the selling institution held by the Fund for </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">purposes of various portfolio diversification and concentration requirements applicable to the Fund. In addition, Alternative </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">Collateral may not qualify as permitted or appropriate investments for the Fund under the Fund&#8217;s investment strategies and </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">limitations. Accordingly, if a counterparty to a repurchase agreement defaults and the Fund takes possession of Alternative </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">Collateral, the Fund may need to promptly dispose of the Alternative Collateral (or other securities held by the Fund, if the Fund </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">exceeds a limitation on a permitted investment by virtue of taking possession of the Alternative Collateral). The Alternative </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">Collateral may be particularly illiquid, especially in times of market volatility or in the case of a counterparty insolvency or </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">bankruptcy, which may restrict the Fund&#8217;s ability to dispose of Alternative Collateral received from the counterparty. Depending </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">on the terms of the repurchase agreement, the Fund may determine to sell the collateral during the term of the repurchase </span></div><div style="line-height: 12.02pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">agreement and then purchase the same collateral at the market price at the time of the resale. (See &#8220;Short Sales&#8221;). In tri-party </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">repurchase agreements, an unaffiliated third party custodian maintains accounts to hold collateral for the Fund and its </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">counterparties and, therefore, the Fund may be subject to the credit risk of those custodians. Securities subject to repurchase </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">agreements (other than tri-party repurchase agreements) and purchase and sale contracts will be held by the Fund&#8217;s custodian (or </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">sub-custodian) in the Federal Reserve/Treasury book-entry system or by another authorized securities depository.</span></div><div style="line-height: 12.02pt; margin-top: 10.30pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-weight: bold;">Securities Lending Risk</span></div><div style="line-height: 12.02pt; margin-top: 10.30pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;">The Fund may lend its portfolio securities to banks or dealers which meet the creditworthiness standards established by </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">the Board of Trustees. Securities lending is subject to the risk that loaned securities may not be available to the Fund on a timely </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">basis and the Fund may therefore lose the opportunity to sell the securities at a desirable price. Any loss in the market price of </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">securities loaned by the Fund that occurs during the term of the loan would be borne by the Fund and would adversely affect the </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">Fund&#8217;s performance. Also, there may be delays in recovery, or no recovery, of securities loaned or even a loss of rights in the </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">collateral should the borrower of the securities fail financially while the loan is outstanding.</span></div><div style="line-height: 12.02pt; margin-top: 10.30pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-weight: bold;">Risk of Failure to Qualify as a RIC</span></div><div style="line-height: 12.02pt; margin-top: 10.30pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;">To qualify for the favorable U.S. federal income tax treatment generally accorded to RICs, the Fund must, among other </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">things, derive in each taxable year at least 90% of its gross income from certain prescribed sources, meet certain asset </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">diversification tests and distribute for each taxable year at least 90% of its &#8220;investment company taxable income&#8221; (generally, </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">ordinary income plus the excess, if any, of net short-term capital gain over net long-term capital loss). If for any taxable year the </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">Fund does not qualify as a RIC, all of its taxable income for that year (including its net capital gain) would be subject to tax at </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">regular corporate rates without any deduction for distributions to shareholders, and such distributions would be taxable as </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">ordinary dividends to the extent of the Fund&#8217;s current and accumulated earnings and profits.</span></div><div style="line-height: 12.02pt; margin-top: 10.29pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-weight: bold;">Conflicts of Interest Risk</span></div><div style="line-height: 12.02pt; margin-top: 10.30pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;">Guggenheim Partners is a global asset management and investment advisory organization. Guggenheim Partners and its </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">affiliates advise clients in various markets and transactions and purchase, sell, hold and recommend a broad array of investments </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">for their own accounts and the accounts of clients and of their personnel and the relationships and products they sponsor, </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">manage and advise. </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">Accordingly, Guggenheim Partners and its affiliates may have direct and indirect interests in a variety of </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">global markets and the securities of issuers in which the Fund may directly or indirectly invest. These interests may cause the </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">Fund to be subject to regulatory limits, and in certain circumstances, these various activities may prevent the Fund from </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">participating in an investment decision.</span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; line-height: 12.02pt;"> </span></div><div style="line-height: 12.02pt; margin-top: 10.30pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;">An investment in the Fund is subject to a number of actual or potential conflicts of interest. For example, the Adviser and </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">its affiliates are engaged in a variety of business activities that are unrelated to managing the Fund, which may give rise to </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">actual, potential or perceived conflicts of interest in connection with making investment decisions for the Fund. As a result, </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">activities and dealings of Guggenheim Partners and its affiliates may affect the Fund in ways that may disadvantage or restrict </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">the Fund or be deemed to benefit Guggenheim Partners and its affiliates. From time to time, conflicts of interest may arise </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">between a portfolio manager&#8217;s management of the investments of the Fund on the one hand and the management of other </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">registered investment companies, pooled investment vehicles and other accounts (collectively, &#8220;other accounts&#8221;) on the other. </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">The other accounts might have similar investment objectives or strategies as the Fund or otherwise hold, purchase, or sell </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">securities that are eligible to be held, purchased or sold by the Fund. In certain circumstances, and subject to its fiduciary </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">obligations under the Advisers Act and the requirements of the 1940 Act, the Adviser may have to allocate a limited investment </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">opportunity among its clients. The other accounts might also have different investment objectives or strategies than the Fund. In </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">addition, the Fund may be limited in its ability to invest in, or hold securities of, any companies that the Adviser or its affiliates </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">(or other accounts managed by the Adviser or its affiliates) control, or companies in which the Adviser or its affiliates have </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">interests or with whom they do business. For example, affiliates of the Adviser may act as underwriter, lead agent or </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">administrative agent for loans or otherwise participate in the market for loans. Because of limitations imposed by applicable law, </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">the presence of the Adviser&#8217;s affiliates in the markets for loans may restrict the Fund&#8217;s ability to acquire some loans or affect the </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">timing or price of such acquisitions. To address these conflicts, the Fund and Guggenheim Partners and its affiliates have </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">established various policies and procedures that are reasonably designed to detect and prevent such conflicts and prevent the </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">Fund from being disadvantaged.</span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; line-height: 12.02pt;"> </span></div><div style="line-height: 12.02pt; margin-top: 10.29pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;">There can be no guarantee that these policies and procedures will be successful in every instance. For additional </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">information about potential conflicts of interest, and the way in which the Adviser and its affiliates address such conflicts, please </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">see &#8220;Management of the Fund&#8212;Potential Conflicts of Interest&#8221; in the SAI.</span></div><div style="line-height: 12.02pt; margin-top: 10pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-weight: bold;">Market Disruption and Geopolitical Risk</span></div><div style="line-height: 12.02pt; margin-top: 9.90pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;">The Fund does not know and cannot predict how long the securities markets may be affected by geopolitical events and </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">the effects of these and similar events in the future on the U.S. economy and securities markets. </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">The Fund may be adversely </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">affected by abrogation of international agreements and national laws which have created the market instruments in which the </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">Fund may invest, failure of the designated national and international authorities to enforce compliance with the same laws and </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">agreements, failure of local, national and international organization to carry out their duties prescribed to them under the </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">relevant agreements, revisions of these laws and agreements which dilute their effectiveness or conflicting interpretation of </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">provisions of the same laws and agreements. The Fund may be adversely affected by uncertainties such as terrorism, </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">international political developments, and changes in government policies, taxation, restrictions on foreign investment and </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">currency repatriation, currency fluctuations and other developments in the laws and regulations of the countries in which it is </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">invested and the risks associated with financial, economic, public health, labor and other global market developments and </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">disruptions.</span></div><div style="line-height: 12.02pt; margin-top: 9.90pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-weight: bold;">Technology Risk</span></div><div style="line-height: 12.02pt; margin-top: 9.90pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;">As the use of Internet technology has become more prevalent, the Fund and its service providers and markets generally </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">have become more susceptible to potential operational risks related to intentional and unintentional events that may cause the </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">Fund or a service provider to lose proprietary information, suffer data corruption or lose operational capacity. </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">There can be no </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">guarantee that any risk management systems established by the Fund, its service providers, or issuers of the securities in which </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">the Fund invests to reduce technology and cyber security risks will succeed, and the Fund cannot control such systems put in </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">place by service providers, issuers or other third parties whose operations may affect the Fund.</span></div><div style="line-height: 12.02pt; margin-top: 9.90pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-weight: bold;">Cyber Security, Market Disruptions and Operational Risk.</span></div><div style="line-height: 12.02pt; margin-top: 10.00pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;">As in other parts of the economy, the Fund and its service providers, as well as exchanges and market participants </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">through or with which the Fund trades and exchanges on which its shares trade and other infrastructures and services on which </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">the Fund or its service providers rely, are susceptible to ongoing risks related to cyber incidents and the risks associated with </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">financial, economic, public health, labor and other global market developments and disruptions. </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">Cyber incidents, which can be </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">perpetrated by a variety of means, may result in actual or potential adverse consequences for critical information and </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">communications technology, systems and networks that are vital to the operations of the Fund or its service providers. A cyber </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">incident or sudden market disruption could adversely impact the Fund, its service providers or its shareholders by, among other </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">things, interfering with the processing of shareholder transactions or other operational functionality, impacting the Fund&#8217;s ability </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">to calculate its NAV or other data, causing the release of private or confidential information, impeding trading, causing </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">reputational damage, and subjecting the Fund to fines, penalties or financial losses or otherwise adversely affecting the </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">operations, systems and activities of the Fund, its service providers and market intermediaries. These types of adverse </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">consequences could also result from other operational disruptions or failures arising from, for example, processing errors, </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">human errors, and other technological issues. In each case, the Fund&#8217;s ability to calculate its NAV correctly, in a timely manner </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">or process trades or Fund transactions may be adversely affected, including over a potentially extended period. The Fund and its </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">service providers may directly bear these risks and related costs. The Fund and its service providers are continuing to experience </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">the impacts of quarantines and similar measures being enacted by governments in response to COVID-19, which have </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">obstructed the regular functioning of business workforces (including requiring employees to work from external locations and </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">their homes). Accordingly, the risks described above are heightened under current conditions.</span></div><div style="line-height: 12.02pt; margin-top: 10.00pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-weight: bold;">Anti-Takeover Provisions Risk</span></div><div style="line-height: 12.02pt; margin-top: 10.00pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;">The Fund&#8217;s Agreement and Declaration of Trust and Bylaws (collectively the &#8220;Governing Documents&#8221;) include </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">provisions that could limit the ability of other entities or persons to acquire control of the Fund or convert the Fund to an open-end</span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"> fund. These provisions could have the effect of depriving the Common Shareholders of opportunities to sell their Common </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">Shares at a premium over the then-current market price of the Common Shares. See &#8220;Anti-Takeover and Other Provisions in the </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">Fund&#8217;s Governing Documents.&#8221;</span> </span></div><span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_cef_EffectsOfLeverageTextBlock', window );">Effects of Leverage [Text Block]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text"> <div style="line-height: 22.02pt; margin-top: 6.90pt; text-align: center;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-weight: bold; margin-left: 0%; text-transform: uppercase;">USE OF FINANCIAL LEVERAGE</span></div>  <div style="line-height: 12.02pt; margin-top: 4.90pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;">The Fund may seek to enhance the level of its current distributions by utilizing financial leverage through the issuance of </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">preferred shares (&#8220;Preferred Shares&#8221;), through borrowing or the issuance of commercial paper or other forms of debt </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">(&#8220;Borrowings&#8221;), through reverse repurchase agreements, dollar rolls or similar transactions or through a combination of the </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">foregoing (&#8220;leveraged transactions&#8221; and collectively &#8220;Financial Leverage&#8221;). The Fund may utilize Financial Leverage up to the </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">limits imposed by the 1940 Act; however, the aggregate amount of Financial Leverage is not currently expected to exceed 33</span><span style="color: #000000; font-family: times new roman; font-size: 6.01pt; position: relative; top: -2.67pt;">&#8202;1</span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">&#8725;</span><span style="color: #000000; font-family: times new roman; font-size: 6.01pt;">3</span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">% </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">of the Fund&#8217;s Managed Assets after such issuance and/or borrowing. So long as the net rate of return on the Fund&#8217;s investments </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">purchased with the proceeds of Financial Leverage exceeds the cost of such Financial Leverage, such excess amounts will be </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">available to pay higher distributions to holders of the Fund&#8217;s Common Shares. There can be no assurance that a leveraging </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">strategy will be implemented or that it will be successful during any period during which it is employed.</span></div>  <div style="line-height: 12.02pt; margin-top: 10.00pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;">As of May 31, 2021, outstanding Borrowings under the Fund&#8217;s committed facility agreement were $38.5&#160;million, which </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">represented approximately 3.1% of the Fund&#8217;s Managed Assets as of such date. In addition, as of May&#160;31, 2021, the Fund had </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">reverse repurchase agreements outstanding representing Financial Leverage equal to approximately 26.8% of the Fund&#8217;s </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">Managed Assets. As of May&#160;31, 2021, the Fund&#8217;s total Financial Leverage represented approximately 29.9% of the Fund&#8217;s </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">Managed Assets.</span></div>  <div style="line-height: 12.02pt; margin-top: 10.00pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;">The Fund&#8217;s total Financial Leverage and leveraged transactions may vary significantly over time based on the Sub-Adviser&#8217;s</span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"> assessment of market and economic conditions, available investment opportunities and cost of leverage. The Fund has </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">at times used significantly greater levels of leverage than on May 31, 2021, and may in the future increase leverage up to the </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">parameters set forth herein.</span></div>  <div style="line-height: 12.02pt; margin-top: 10.00pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-weight: bold;">Borrowing</span></div>  <div style="line-height: 12.02pt; margin-top: 10.00pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;">The Fund is authorized to borrow or issue debt securities for financial leveraging purposes and for temporary purposes </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">such as the settlement of transactions. The Fund may utilize indebtedness to the maximum extent permitted under the 1940 Act. </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">Under the 1940 Act, the Fund generally is not permitted to issue commercial paper or notes or engage in other Borrowings, </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">other than temporary borrowings as defined under the 1940 Act, unless, immediately after the Borrowing, the Fund would have </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">asset coverage (as defined in the 1940 Act) of less than 300%, as measured at the time of borrowing and calculated as the ratio </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">of the Fund&#8217;s total assets (less all liabilities and indebtedness not represented by senior securities) over the aggregate amount of </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">the Fund&#8217;s outstanding senior securities representing indebtedness. In addition, other than with respect to privately arranged </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">Borrowings, the Fund generally is not permitted to declare any cash dividend or other distribution on any class of the Fund&#8217;s </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">capital stock, including the Common Shares, or purchase any such capital stock, unless, at the time of such declaration, the Fund </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">would have asset coverage (as described above) of at least 300% after deducting the amount of such dividend or other </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">distribution. If the Fund borrows, the Fund intends, to the extent possible, to prepay all or a portion of the principal amount of </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">any outstanding commercial paper, notes or other Borrowings to the extent necessary to maintain the required asset coverage.</span></div>  <div style="line-height: 12.02pt; margin-top: 10pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;">The terms of any such Borrowings may require the Fund to pay a fee to maintain a line of credit, such as a commitment </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">fee, or to maintain minimum average balances with a lender. Any such requirements would increase the cost of such Borrowings </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">over the stated interest rate. Such lenders would have the right to receive interest on and repayment of principal of any such </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">Borrowings, which right will be senior to those of the Common Shareholders. Any such Borrowings may contain provisions </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">limiting certain activities of the Fund, including the payment of dividends to Common Shareholders in certain circumstances. </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">Any Borrowings will likely be ranked senior or equal to all other existing and future Borrowings of the Fund.</span></div>  <div style="line-height: 12.02pt; margin-top: 10.40pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;">Certain types of Borrowings subject the Fund to covenants in credit agreements relating to asset coverage and portfolio </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">composition requirements. Certain Borrowings issued by the Fund also may subject the Fund to certain restrictions on </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">investments imposed by guidelines of one or more rating agencies, which may issue ratings for such Borrowings. Such </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">guidelines may impose asset coverage or portfolio composition requirements that are more stringent than those imposed by the </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">1940 Act. It is not anticipated that these covenants or guidelines will impede the Sub-Adviser from managing the Fund&#8217;s </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">portfolio in accordance with the Fund&#8217;s investment objective and policies.</span></div>  <div style="line-height: 12.02pt; margin-top: 10.29pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;">The 1940 Act grants to the holders of senior securities representing indebtedness issued by the Fund, other than with </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">respect to privately arranged Borrowings, certain voting rights in the event of default in the payment of interest on or repayment </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">of principal. Failure to maintain certain asset coverage requirements under the 1940 Act could result in an event of default and </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">entitle the debt holders to elect a majority of the Board.</span></div>  <div style="line-height: 12.02pt; margin-top: 10.30pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;">The Fund has entered into a committed facility agreement with BNP Paribas, dated as of November 20, 2008, and </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">amended through the date hereof, pursuant to which the Fund may borrow up to $80&#160;million (this amount will increase to the </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">greater of $750&#160;million or 50% of the Net Asset Value of the Fund at the closing of the mergers of Guggenheim Enhanced </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">Equity Income Fund and Guggenheim Credit Allocation Fund into the Fund). Interest payable by the Fund on Borrowings under </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">the committed facility agreement is based on the three- month London Interbank Offered Rate (LIBOR) plus 85&#160;basis points. An </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">unused commitment fee of 0.75% may be charged on the difference between the maximum committed amount and the actual </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">amount borrowed. On May 31, 2021, outstanding Borrowings under the Fund&#8217;s committed facility agreement were </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">$38.5&#160;million. The Fund&#8217;s Borrowings under the committed facility are collateralized by portfolio assets which are maintained </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">by the Fund in a separate account with the Fund&#8217;s custodian for the benefit of the lender, which collateral exceeds the amount </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">borrowed. Securities deposited in the collateral account may, subject to certain conditions, be rehypothecated by BNP Paribas up </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">to the amount of the loan balance outstanding. The Fund continues to receive dividends and interest on rehypothecated </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">securities. The Fund also has the right to recall rehypothecated securities on demand and such securities shall be returned to the </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">collateral account within the ordinary settlement cycle. In the event a recalled security is not returned by the lender, the loan </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">balance outstanding will be reduced by the amount of the recalled security failed to be returned. The Fund receives a portion of </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">the fees earned by BNP Paribas in connection with the rehypothecation of portfolio securities. Rehypothecation of the Fund&#8217;s </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">pledged portfolio securities entails risks, including the risk that the lender will be unable or unwilling to return rehypothecated </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">securities which could result in, among other things, the Fund&#8217;s inability to find suitable investments to replace the unreturned </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">securities, thereby impairing the Fund&#8217;s ability to achieve its investment objectives. In the event of a default by the Fund under </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">the committed facility, the lender has the right to sell such collateral assets to satisfy the Fund&#8217;s obligation to the lender. The </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">amounts drawn under the committed facility may vary over time and such amounts will be reported in the Fund&#8217;s audited and </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">unaudited financial statements contained in the Fund&#8217;s annual and semi-annual reports to shareholders.</span></div>  <div style="line-height: 12.02pt; margin-top: 10.30pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-weight: bold;">Reverse Repurchase Agreements and Dollar Roll Transactions</span></div>  <div style="line-height: 12.02pt; margin-top: 10.30pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;">Borrowings may be made by the Fund through reverse repurchase agreements under which the Fund sells portfolio </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">securities to financial institutions such as banks and broker-dealers and agrees to repurchase them at a particular date and price. </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">Such agreements are considered to be borrowings under the 1940&#160;Act. The Fund may utilize reverse repurchase agreements </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">when it is anticipated that the interest income to be earned from the investment of the proceeds of the transaction is greater than </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">the interest expense of the transaction.</span></div>  <div style="line-height: 12.02pt; margin-top: 10.30pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;">Borrowings may be made by the Fund through dollar roll transactions. A dollar roll transaction involves a sale by the </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">Fund of a mortgage-backed or other fixed-income security concurrently with an agreement by the Fund to repurchase a similar </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">security at a later date at an agreed-upon price. The securities that are repurchased will bear the same interest rate and stated </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">maturity as those sold, but pools of mortgages collateralizing those securities may have different prepayment histories than those </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">sold. During the period between the sale and repurchase, the Fund will not be entitled to receive interest and principal payments </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">on the securities sold. Proceeds of the sale will be invested in additional instruments for the Fund, and the income from these </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">investments will generate income for the Fund. If such income does not exceed the income, capital appreciation and gain or loss </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">that would have been realized on the securities sold as part of the dollar roll, the use of this technique will diminish the </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">investment performance of the Fund compared with what the performance would have been without the use of dollar rolls.</span></div>  <div style="line-height: 12.02pt; margin-top: 10pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;">With respect to any reverse repurchase agreement, dollar roll or similar transaction, the Fund&#8217;s Managed Assets shall </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">include any proceeds from the sale of an asset of the Fund to a counterparty in such a transaction, in addition to the value of the </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">underlying asset as of the relevant measuring date.</span></div>  <div style="line-height: 12.02pt; margin-top: 10.10pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;">With respect to Financial Leverage incurred through investments in reverse repurchase agreements, dollar rolls and </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">economically similar transactions, the Fund intends to earmark or segregate cash or liquid securities in accordance with </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">applicable interpretations of the staff of the SEC. As a result of such segregation, the Fund&#8217;s obligations under such transactions </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">will not be considered senior securities representing indebtedness for purposes of the 1940 Act and the Fund&#8217;s use of leverage </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">through reverse repurchase agreements, dollar rolls and economically similar transactions will not be limited by the 1940 Act. </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">However, the Fund&#8217;s use of leverage through reverse repurchase agreements, dollar rolls and economically similar transactions </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">will be included when calculating the Fund&#8217;s Financial Leverage and therefore will be limited by the Fund&#8217;s maximum overall </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">leverage levels approved by the Board of Trustees (currently 33</span><span style="color: #000000; font-family: times new roman; font-size: 6.01pt; position: relative; top: -2.67pt;">&#8202;1</span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">&#8725;</span><span style="color: #000000; font-family: times new roman; font-size: 6.01pt;">3</span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">% of the Fund&#8217;s Managed Assets) and may be further limited </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">by the availability of cash or liquid securities to earmark or segregate in connection with such transactions.</span></div>  <div style="line-height: 12.02pt; margin-top: 10.10pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;">As described below, the SEC adopted a final rule related to the use of derivatives, reverse repurchase agreements and </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">certain other transactions by registered investment companies that will rescind and withdraw the guidance of the SEC and its </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">staff regarding asset segregation and coverage transactions reflected in the Fund&#8217;s asset segregation and cover practices </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">discussed herein. Under the final rule, when the Fund trades reverse repurchase agreements or similar financing transactions, </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">including certain tender option bonds, it needs to aggregate the amount of indebtedness associated with the reverse repurchase </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">agreements or similar financing transactions with the aggregate amount of any other senior securities representing indebtedness </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">when calculating the Fund&#8217;s asset coverage ratio or treat all such transactions as derivatives transactions. Reverse repurchase </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">agreements or similar financing transactions aggregated with other indebtedness do not need to be included in the calculation of </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">whether the Fund is a limited derivatives user, but if the Fund is subject to the VaR testing requirement, reverse repurchase </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">agreements and similar financing transactions must be included for purposes of such testing whether treated as derivatives </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">transactions or not.</span></div>  <div style="line-height: 12.02pt; margin-top: 10.09pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-weight: bold;">Preferred Shares</span></div>  <div style="line-height: 12.02pt; margin-top: 10.10pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;">The Fund&#8217;s Governing Documents provide that the Board may authorize and issue Preferred Shares with rights as </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">determined by the Board, by action of the Board without prior approval of the holders of the Common Shares. Common </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">Shareholders have no preemptive right to purchase any Preferred Shares that might be issued. </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">Any such Preferred Share offering </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">would be subject to the limits imposed by the 1940 Act. Although the Fund has no present intention to issue Preferred Shares, it </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">may in the future utilize Preferred Shares to the maximum extent permitted by the 1940 Act. Under the 1940 Act, the Fund may </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">not issue Preferred Shares if, immediately after issuance, the Fund would have asset coverage (as defined in the 1940 Act) of </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">less than 200%, calculated as the ratio of the Fund&#8217;s total assets (less all liabilities and indebtedness not represented by senior </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">securities) over the aggregate amount of the Fund&#8217;s outstanding senior securities representing indebtedness plus the aggregate </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">liquidation preference of any outstanding shares of preferred stock. In addition, the Fund generally is not permitted to declare </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">any cash dividend or other distribution on the Fund&#8217;s Common Shares, or purchase any such Common Shares, unless, at the time </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">of such declaration, the Fund would have asset coverage (as described above) of at least 200% after deducting the amount of </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">such dividend or other distribution. The 1940 Act grants to the holders of senior securities representing stock issued by the Fund </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">certain voting rights. Failure to maintain certain asset coverage requirements under the 1940 Act could entitle the holders of </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">Preferred Shares to elect a majority of the Board. See &#8220;Description of Capital Structure-Preferred Shares.&#8221;</span></div>  <div style="line-height: 12.02pt; margin-top: 10.10pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-weight: bold;">Certain Portfolio Transactions</span></div>  <div style="line-height: 12.02pt; margin-top: 10.10pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;">In addition the Fund may engage in certain derivatives transactions that have economic characteristics similar to leverage. </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">To the extent the terms of such transactions obligate the Fund to make payments, under current regulatory requirements, the </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">Fund intends to earmark or segregate cash or liquid securities in an amount at least equal to the current value of the amount then </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">payable by the Fund under the terms of such transactions or otherwise cover such transactions in accordance with applicable </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">interpretations of the staff of the SEC.</span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"> To the extent the terms of such transactions obligate the Fund to deliver particular </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">securities to extinguish the Fund&#8217;s obligations under such transactions the Fund may &#8220;cover&#8221; its obligations under such </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">transactions by either (i) owning the securities or collateral underlying such transactions or (ii) having an absolute and </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">immediate right to acquire such securities or collateral without additional cash consideration (or, if additional cash consideration </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">is required, having earmarked or segregated cash or liquid securities). Such segregation or cover is intended to provide the Fund </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">with available assets to satisfy its obligations under such transactions. As a result of such segregation or cover, the Fund&#8217;s </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">obligations under such transactions will not be considered senior securities representing indebtedness for purposes of the 1940 </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">Act, or included in calculating the aggregate amount of the Fund&#8217;s Financial Leverage. To the extent that the Fund&#8217;s obligations </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">under such transactions are not so segregated or covered, such obligations may be considered &#8220;senior securities representing </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">indebtedness&#8221; under the 1940 Act and therefore subject to the 300% asset coverage requirement, as described above.</span></div>  <div style="line-height: 12.02pt; margin-top: 10pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;">In October 2020, the SEC adopted a final rule related to the use of derivatives, reverse repurchase agreements and certain </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">other transactions by registered investment companies that will rescind and withdraw the guidance of the SEC and its staff </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">regarding asset segregation and cover transactions reflected in the Fund&#8217;s asset segregation and cover practices discussed herein. </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">The final rule requires the Fund to trade derivatives and other transactions that create future payment or delivery obligations </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">(except reverse repurchase agreements and similar financing transactions) subject to value-at-risk (&#8220;VaR&#8221;) leverage limits and </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">derivatives risk management program and reporting requirements. Generally, these requirements apply unless a fund satisfies a </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">&#8220;limited derivatives users&#8221; exception that is included in the final rule. Under the final rule, when the Fund trades reverse </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">repurchase agreements or similar financing transactions, including certain tender option bonds, it needs to aggregate the amount </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">of indebtedness associated with the reverse repurchase agreements or similar financing transactions with the aggregate amount </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">of any other senior securities representing indebtedness when calculating the fund&#8217;s asset coverage ratio or treat all such </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">transactions as derivatives transactions. Reverse repurchase agreements or similar financing transactions aggregated with other </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">indebtedness do not need to be included in the calculation of whether a fund satisfies the limited derivatives users exception, but </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">for funds subject to the VaR testing requirement, reverse repurchase agreements and similar financing transactions must be </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">included for purposes of such testing whether treated as derivatives transactions or not. The SEC also provided guidance in </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">connection with the new rule regarding the use of securities lending collateral that may limit the Fund&#8217;s securities lending </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">activities. Compliance with these new requirements will be required after an eighteen-month transition period. Following the </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">compliance date, these requirements may limit the ability of the Fund to use derivatives and reverse repurchase agreements and </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">similar financing transactions as part of its investment strategies. These requirements may increase the cost of the Fund&#8217;s </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">investments and cost of doing business, which could adversely affect investors.</span></div>  <div style="line-height: 12.02pt; margin-top: 10.20pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-weight: bold;">Effects of Financial Leverage</span></div>  <div style="line-height: 12.02pt; margin-top: 10.20pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;">As of May 31, 2021, outstanding Borrowings under the committed facility agreement were $38.5 million, which </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">represented approximately 3.1% of the Fund&#8217;s Managed Assets as of such date. In addition, as of May&#160;31, 2021, the Fund had </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">reverse repurchase agreements outstanding representing Financial Leverage equal to approximately 26.8% of the Fund&#8217;s </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">Managed Assets.</span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"> As of May&#160;31, 2021, the Fund&#8217;s total Financial Leverage represented approximately 29.9% of the Fund&#8217;s </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">Managed Assets. Assuming the Fund&#8217;s total Financial Leverage represented approximately 33</span><span style="color: #000000; font-family: times new roman; font-size: 6.01pt; position: relative; top: -2.67pt;">&#8202;1</span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">&#8725;</span><span style="color: #000000; font-family: times new roman; font-size: 6.01pt;">3</span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">% of the Fund&#8217;s Managed Assets </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">and interest costs to the Fund at a combined average annual rate of 0.55% with respect to such Financial Leverage, then the </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">incremental income generated by the Fund&#8217;s portfolio (net of estimated expenses including expenses related to the Financial </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">Leverage) must exceed approximately 0.18% to cover such interest expense. Of course, these numbers are merely estimates used </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">for illustration. The amount of Financial Leverage used by the Fund as well as actual interest expenses on such Financial </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">Leverage will vary.</span></div>  <div style="line-height: 12.02pt; margin-top: 10.10pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;">The following table is furnished pursuant to requirements of the SEC. It is designed to illustrate the effect of leverage on </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">Common Share total return, assuming investment portfolio total returns (comprised of income, net expenses and changes in the </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">value of investments held in the Fund&#8217;s portfolio) of -10%, -5%, 0%, 5% and 10%. These assumed investment portfolio returns </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">are hypothetical figures and are not necessarily indicative of what the Fund&#8217;s investment portfolio returns will be. The table </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">further assumes Financial Leverage representing approximately 33</span><span style="color: #000000; font-family: times new roman; font-size: 6.01pt; position: relative; top: -2.67pt;">&#8202;1</span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">&#8725;</span><span style="color: #000000; font-family: times new roman; font-size: 6.01pt;">3</span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">% of the Fund&#8217;s Managed Assets and interest costs to the </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">Fund at a combined average annual rate of 0.55% with respect to such Financial Leverage.</span><span style="color: #000000; font-family: times new roman; font-size: 1pt; line-height: 1pt;">&#8195;</span></div>
<table cellpadding="0" cellspacing="0" style="empty-cells: show; width: 516pt;">
<tr style="height: 12pt;">
<td style="background-color: #adfffc; padding-bottom: 4pt; padding-top: 4pt; vertical-align: Bottom; width: 305.93pt;"> <div style="line-height: 10pt; text-align: left;"> <div style="margin-right: 6pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">Assumed portfolio total return (net of expenses)</span></div> </div> </td>
<td style="background-color: #adfffc; padding-bottom: 4pt; padding-top: 4pt; vertical-align: Bottom; width: 49.55pt;"> <div style="line-height: 10pt; text-align: left;"> <div style="margin-left: 6.00pt; margin-right: 6.00pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-right: -12.52pt;">(10.00)%</span></div> </div> </td>
<td style="background-color: #adfffc; padding-bottom: 4pt; padding-top: 4pt; vertical-align: Bottom; width: 44.55pt;"> <div style="line-height: 10pt; text-align: left;"> <div style="margin-left: 6.00pt; margin-right: 6.00pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-right: -12.52pt;">(5.00)%</span></div> </div> </td>
<td style="background-color: #adfffc; padding-bottom: 4pt; padding-top: 4pt; vertical-align: Bottom; width: 41.21pt;"> <div style="line-height: 10pt; text-align: left;"> <div style="margin-left: 6.00pt; margin-right: 6.00pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 3.34pt; margin-right: -10.02pt;">0.00%</span></div> </div> </td>
<td style="background-color: #adfffc; padding-bottom: 4pt; padding-top: 4pt; vertical-align: Bottom; width: 37.88pt;"> <div style="line-height: 10pt; text-align: left;"> <div style="margin-left: 6.00pt; margin-right: 6.00pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-right: -10.02pt;">5.00%</span></div> </div> </td>
<td style="background-color: #adfffc; padding-bottom: 4pt; padding-top: 4pt; vertical-align: Bottom; width: 36.88pt;"> <div style="line-height: 10pt; text-align: left;"> <div style="margin-left: 4pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-right: -10.02pt;">10.00%</span></div> </div> </td> </tr>
<tr style="height: 9pt;">
<td style="padding-bottom: 1.5pt; padding-top: 4pt; vertical-align: Bottom; width: 305.93pt;"> <div style="line-height: 10pt; text-align: left;"> <div style="margin-right: 6pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">Common Share total return</span></div> </div> </td>
<td style="padding-bottom: 1.5pt; padding-top: 4pt; vertical-align: Bottom; width: 49.55pt;"> <div style="line-height: 10pt; text-align: left;"> <div style="margin-left: 6.00pt; margin-right: 6.00pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-right: -10.02pt;">-15.28%</span></div> </div> </td>
<td style="padding-bottom: 1.5pt; padding-top: 4pt; vertical-align: Bottom; width: 44.55pt;"> <div style="line-height: 10pt; text-align: left;"> <div style="margin-left: 6.00pt; margin-right: 6.00pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-right: -10.02pt;">-7.78%</span></div> </div> </td>
<td style="padding-bottom: 1.5pt; padding-top: 4pt; vertical-align: Bottom; width: 41.21pt;"> <div style="line-height: 10pt; text-align: left;"> <div style="margin-left: 6.00pt; margin-right: 6.00pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-right: -10.02pt;">-0.28%</span></div> </div> </td>
<td style="padding-bottom: 1.5pt; padding-top: 4pt; vertical-align: Bottom; width: 37.88pt;"> <div style="line-height: 10pt; text-align: left;"> <div style="margin-left: 6.00pt; margin-right: 6.00pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-right: -10.02pt;">7.22%</span></div> </div> </td>
<td style="padding-bottom: 1.5pt; padding-top: 4pt; vertical-align: Bottom; width: 36.88pt;"> <div style="line-height: 10pt; text-align: left;"> <div style="margin-left: 4pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-right: -10.02pt;">14.72%</span></div> </div> </td> </tr> </table>   <div style="line-height: 12.02pt; margin-top: 10pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;">Common Share total return is composed of two elements&#8212;the Common Share dividends paid by the Fund (the amount </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">of which is largely determined by the Fund&#8217;s net investment income after paying the carrying cost of Financial Leverage) and </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">realized and unrealized gains or losses on the value of the securities the Fund owns. As required by SEC rules, the table assumes </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">that the Fund is more likely to suffer capital loss than to enjoy capital appreciation. For example, to assume a total return of 0%, </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">the Fund must assume that the net investment income it receives on its investments is entirely offset by losses on the value of </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">those investments. This table reflects the hypothetical performance of the Fund&#8217;s portfolio and not the performance of the Fund&#8217;s </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">Common Shares, the value of which will be determined by market and other factors.</span></div>  <div style="line-height: 12.02pt; margin-top: 10.10pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;">During the time in which the Fund is utilizing Financial Leverage, the amount of the fees paid to the Investment Adviser </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">and the Sub-Adviser for investment advisory services will be higher than if the Fund did not utilize Financial Leverage because </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">the fees paid will be calculated based on the Fund&#8217;s Managed Assets, which may create a conflict of interest between the </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">Investment Adviser and the Sub-Adviser and the Common Shareholders. In order to manage this conflict of interest, the Board </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">will receive regular reports from the Investment Adviser and the Sub-Adviser regarding the Fund&#8217;s use of Financial Leverage </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">and the effect of Financial Leverage on the management of the Fund&#8217;s portfolio and the performance of the Fund. Because the </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">Financial Leverage costs will be borne by the Fund at a specified rate, only the Fund&#8217;s Common Shareholders will bear the cost </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">of the Fund&#8217;s fees and expenses.</span></div>  <div style="line-height: 12.02pt; margin-top: 10pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-weight: bold;">Interest Rate Transactions</span></div>  <div style="line-height: 12.02pt; margin-top: 10.00pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;">In connection with the Fund&#8217;s use of Financial Leverage, the Fund may enter into interest rate swap or cap transactions. </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">Interest rate swaps involve the Fund&#8217;s agreement with the swap counterparty to pay a fixed-rate payment in exchange for the </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">counterparty&#8217;s paying the Fund a variable rate payment that is intended to approximate all or a portion of the Fund&#8217;s variable-rate </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">payment obligation on the Fund&#8217;s Financial Leverage. The payment obligation would be based on the notional amount of the </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">swap, which will not exceed the amount of the Fund&#8217;s Financial Leverage.</span></div>  <div style="line-height: 12.02pt; margin-top: 10.00pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;">The Fund may use an interest rate cap, which would require it to pay a premium to the cap counterparty and would entitle </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">it, to the extent that a specified variable-rate index exceeds a predetermined fixed rate, to receive payment from the counterparty </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">of the difference based on the notional amount. The Fund would use interest rate swaps or caps only with the intent to reduce or </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">eliminate the risk that an increase in short-term interest rates could have on Common Share net earnings as a result of leverage.</span></div>  <div style="line-height: 12.02pt; margin-top: 10.00pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;">The Fund will usually enter into swaps or caps on a net basis; that is, the two payment streams will be netted out in a cash </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">settlement on the payment date or dates specified in the instrument, with the Fund&#8217;s receiving or paying, as the case may be, </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">only the net amount of the two payments. Under current regulatory requirements, the Fund intends to segregate cash or liquid </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">securities having a value at least equal to the Fund&#8217;s net payment obligations under any swap transaction, marked-to-market </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">daily. The Fund will treat such amounts as illiquid.</span></div>  <div style="line-height: 12.02pt; margin-top: 10.00pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;">The use of interest rate swaps and caps is a highly specialized activity that involves investment techniques and risks </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">different from those associated with ordinary portfolio security transactions. Depending on the state of interest rates in general, </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">the Fund&#8217;s use of interest rate instruments could enhance or harm the overall performance of the Common Shares. To the extent </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">there is a decline in interest rates, the net amount receivable by the Fund under the interest rate swap or cap could decline and </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">could thus result in a decline in the net asset value of the Common Shares. In addition, if short-term interest rates are lower than </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">the Fund&#8217;s fixed rate of payment on the interest rate swap, the swap will reduce Common Share net earnings if the Fund must </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">make net payments to the counterparty. If, on the other hand, short-term interest rates are higher than the fixed rate of payment </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">on the interest rate swap, the swap will enhance Common Share net earnings if the Fund receives net payments from the </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">counterparty. Buying interest rate caps could enhance the performance of the Common Shares by limiting the Fund&#8217;s maximum </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">leverage expense.</span></div>  <div style="line-height: 12.02pt; margin-top: 10.00pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;">Buying interest rate caps could also decrease the net earnings of the Common Shares if the premium paid by the Fund to </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">the counterparty exceeds the additional cost of the Financial Leverage that the Fund would have been required to pay had it not </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">entered into the cap agreement.</span></div>  <div style="line-height: 12.02pt; margin-top: 10.00pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;">Interest rate swaps and caps do not involve the delivery of securities or other underlying assets or principal. Accordingly, </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">the risk of loss with respect to interest rate swaps is limited to the net amount of interest payments that the Fund is contractually </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">obligated to make. If the counterparty defaults, the Fund would not be able to use the anticipated net receipts under the swap or </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">cap to offset the costs of the Financial Leverage. Depending on whether the Fund would be entitled to receive net payments from </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">the counterparty on the swap or cap, which in turn would depend on the general state of short-term interest rates at that point in </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">time, such a default could negatively impact the performance of the Common Shares.</span></div>  <div style="line-height: 12.02pt; margin-top: 10.00pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;">Although this will not guarantee that the counterparty does not default, the Fund will not enter into an interest rate swap </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">or cap transaction with any counterparty that the Sub-Adviser believes does not have the financial resources to honor its </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">obligation under the interest rate swap or cap transaction. Further, the Sub-Adviser will regularly monitor the financial stability </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">of a counterparty to an interest rate swap or cap transaction in an effort to proactively protect the Fund&#8217;s investments.</span></div>  <div style="line-height: 12.02pt; margin-top: 10.00pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;">In addition, at the time the interest rate swap or cap transaction reaches its scheduled termination date, there is a risk that </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">the Fund will not be able to obtain a replacement transaction or that the terms of the replacement will not be as favorable as on </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">the expiring transaction. If this occurs, it could have a negative impact on the performance of the Common Shares.</span></div>  <div style="line-height: 12.02pt; margin-top: 10.00pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;">The Fund may choose or be required to redeem some or all Fund Preferred Shares, if any, or prepay any Borrowings. </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">Such a redemption or prepayment would likely result in the Fund&#8217;s seeking to terminate early all or a portion of any swap or cap </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">transaction. Such early termination of a swap could result in a termination payment by or to the Fund. An early termination of a </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">cap could result in a termination payment to the Fund. There may also be penalties associated with early termination.</span></div> <span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_cef_AnnualInterestRatePercent', window );">Annual Interest Rate [Percent]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">0.55%<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_cef_EffectsOfLeverageTableTextBlock', window );">Effects of Leverage [Table Text Block]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">
<table cellpadding="0" cellspacing="0" style="empty-cells: show; width: 516pt;">
<tr style="height: 12pt;">
<td style="background-color: #adfffc; padding-bottom: 4pt; padding-top: 4pt; vertical-align: Bottom; width: 305.93pt;"> <div style="line-height: 10pt; text-align: left;"> <div style="margin-right: 6pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">Assumed portfolio total return (net of expenses)</span></div> </div> </td>
<td style="background-color: #adfffc; padding-bottom: 4pt; padding-top: 4pt; vertical-align: Bottom; width: 49.55pt;"> <div style="line-height: 10pt; text-align: left;"> <div style="margin-left: 6.00pt; margin-right: 6.00pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-right: -12.52pt;">(10.00)%</span></div> </div> </td>
<td style="background-color: #adfffc; padding-bottom: 4pt; padding-top: 4pt; vertical-align: Bottom; width: 44.55pt;"> <div style="line-height: 10pt; text-align: left;"> <div style="margin-left: 6.00pt; margin-right: 6.00pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-right: -12.52pt;">(5.00)%</span></div> </div> </td>
<td style="background-color: #adfffc; padding-bottom: 4pt; padding-top: 4pt; vertical-align: Bottom; width: 41.21pt;"> <div style="line-height: 10pt; text-align: left;"> <div style="margin-left: 6.00pt; margin-right: 6.00pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 3.34pt; margin-right: -10.02pt;">0.00%</span></div> </div> </td>
<td style="background-color: #adfffc; padding-bottom: 4pt; padding-top: 4pt; vertical-align: Bottom; width: 37.88pt;"> <div style="line-height: 10pt; text-align: left;"> <div style="margin-left: 6.00pt; margin-right: 6.00pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-right: -10.02pt;">5.00%</span></div> </div> </td>
<td style="background-color: #adfffc; padding-bottom: 4pt; padding-top: 4pt; vertical-align: Bottom; width: 36.88pt;"> <div style="line-height: 10pt; text-align: left;"> <div style="margin-left: 4pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-right: -10.02pt;">10.00%</span></div> </div> </td> </tr>
<tr style="height: 9pt;">
<td style="padding-bottom: 1.5pt; padding-top: 4pt; vertical-align: Bottom; width: 305.93pt;"> <div style="line-height: 10pt; text-align: left;"> <div style="margin-right: 6pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">Common Share total return</span></div> </div> </td>
<td style="padding-bottom: 1.5pt; padding-top: 4pt; vertical-align: Bottom; width: 49.55pt;"> <div style="line-height: 10pt; text-align: left;"> <div style="margin-left: 6.00pt; margin-right: 6.00pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-right: -10.02pt;">-15.28%</span></div> </div> </td>
<td style="padding-bottom: 1.5pt; padding-top: 4pt; vertical-align: Bottom; width: 44.55pt;"> <div style="line-height: 10pt; text-align: left;"> <div style="margin-left: 6.00pt; margin-right: 6.00pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-right: -10.02pt;">-7.78%</span></div> </div> </td>
<td style="padding-bottom: 1.5pt; padding-top: 4pt; vertical-align: Bottom; width: 41.21pt;"> <div style="line-height: 10pt; text-align: left;"> <div style="margin-left: 6.00pt; margin-right: 6.00pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-right: -10.02pt;">-0.28%</span></div> </div> </td>
<td style="padding-bottom: 1.5pt; padding-top: 4pt; vertical-align: Bottom; width: 37.88pt;"> <div style="line-height: 10pt; text-align: left;"> <div style="margin-left: 6.00pt; margin-right: 6.00pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-right: -10.02pt;">7.22%</span></div> </div> </td>
<td style="padding-bottom: 1.5pt; padding-top: 4pt; vertical-align: Bottom; width: 36.88pt;"> <div style="line-height: 10pt; text-align: left;"> <div style="margin-left: 4pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-right: -10.02pt;">14.72%</span></div> </div> </td> </tr> </table> <span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_cef_ReturnAtMinusTenPercent', window );">Return at Minus Ten [Percent]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="num">(15.28%)<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_cef_ReturnAtMinusFivePercent', window );">Return at Minus Five [Percent]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="num">(7.78%)<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_cef_ReturnAtZeroPercent', window );">Return at Zero [Percent]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="num">(0.28%)<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_cef_ReturnAtPlusFivePercent', window );">Return at Plus Five [Percent]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">7.22%<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_cef_ReturnAtPlusTenPercent', window );">Return at Plus Ten [Percent]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">14.72%<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_cef_SharePriceTableTextBlock', window );">Share Price [Table Text Block]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text"> <div style="line-height: 12.02pt; margin-top: 10.30pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;">The following table sets forth, for each of the periods indicated, the high and low closing market prices for the Common </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">Shares on the NYSE, as well as the net asset value per Common Share and the premium or discount to net asset value per </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">Common Share at which the Common Shares were trading on the date of the high and low closing prices. The Fund calculates </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">its net asset value as of the close of business, usually 4:00&#160;p.m. Eastern Time, every day on which the NYSE is open. See &#8220;Net </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">Asset Value&#8221; for information as to the determination of the Fund&#8217;s net asset value.</span><span style="color: #000000; font-family: times new roman; font-size: 1pt; line-height: 1pt;">&#8195;</span></div>
<table cellpadding="0" cellspacing="0" style="empty-cells: show; width: 516pt;">
<tr style="height: 34.37pt;">
<td style="padding-bottom: 1.35pt; padding-top: 1.35pt; vertical-align: Bottom; width: 207.05pt;"> <div style="line-height: 0.5pt; text-align: left;"> <div style="margin-left: 3pt; margin-right: 6pt; text-align: left; white-space: nowrap;"><span style="border-bottom: 0.5pt groove #000000; color: #000000; font-family: times new roman; font-size: 10.02pt; font-weight: bold; margin-left: 0.0pt;">&#160;</span></div> </div> </td>
<td colspan="2" style="padding-bottom: 1.35pt; padding-top: 1.35pt; vertical-align: Bottom; width: 79.10pt;"> <div style="line-height: 11.0pt; text-align: left;"> <div style="border-bottom: 0.5pt solid #000000; margin-left: 4pt; margin-right: 4pt; padding-bottom: 1pt;"> <div style="text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-weight: bold;">Market Price</span></div> </div> </div> </td>
<td colspan="2" style="padding-bottom: 1.35pt; padding-top: 1.35pt; vertical-align: Bottom; width: 117.72pt;"> <div style="line-height: 13.02pt; text-align: left;"> <div style="border-bottom: 0.5pt solid #000000; margin-left: 4pt; margin-right: 4pt; padding-bottom: 1pt;"> <div style="text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-weight: bold;">NAV per Common</span></div> <div style="text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-weight: bold;">Share on Date of Market</span></div> <div style="text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-weight: bold;">Price High and Low</span><span style="color: #000000; font-family: times new roman; font-size: 6.5pt; font-weight: bold; position: relative; top: -2.75pt;">(1)</span> <div style="clear: right;"/> </div> </div> </div> </td>
<td colspan="2" style="padding-bottom: 1.35pt; padding-top: 1.35pt; vertical-align: Bottom; width: 112.15pt;"> <div style="line-height: 13.02pt; text-align: left;"> <div style="border-bottom: 0.5pt solid #000000; margin-left: 4pt; margin-right: 4pt; padding-bottom: 1pt;"> <div style="text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-weight: bold;">Premium/(Discount) on</span></div> <div style="text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-weight: bold;">Date of Market Price</span></div> <div style="text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-weight: bold;">High and Low</span><span style="color: #000000; font-family: times new roman; font-size: 6.5pt; font-weight: bold; position: relative; top: -2.75pt;">(2)</span> <div style="clear: right;"/> </div> </div> </div> </td> </tr>
<tr style="height: 15.7pt;">
<td style="padding-bottom: 1.35pt; padding-top: 1.35pt; vertical-align: Bottom; width: 207.05pt;"> <div style="line-height: 11.0pt; text-align: left;"> <div style="margin-left: 3pt; margin-right: 6pt; text-align: left; white-space: nowrap;"><span style="border-bottom: 0.5pt groove #000000; color: #000000; font-family: times new roman; font-size: 10.02pt; font-weight: bold; margin-left: 0.0pt;">During Quarter Ended</span></div> </div> </td>
<td style="padding-bottom: 1.35pt; padding-top: 1.35pt; vertical-align: Bottom; width: 39.55pt;"> <div style="line-height: 11.0pt; text-align: left;"> <div style="border-bottom: 0.5pt solid #000000; margin-left: 4pt; margin-right: 4pt; padding-bottom: 1pt;"> <div style="text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-weight: bold;">High</span></div> </div> </div> </td>
<td style="padding-bottom: 1.35pt; padding-top: 1.35pt; vertical-align: Bottom; width: 39.55pt;"> <div style="line-height: 11.0pt; text-align: left;"> <div style="border-bottom: 0.5pt solid #000000; margin-left: 4pt; margin-right: 4pt; padding-bottom: 1pt;"> <div style="text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-weight: bold;">Low</span></div> </div> </div> </td>
<td style="padding-bottom: 1.35pt; padding-top: 1.35pt; vertical-align: Bottom; width: 58.86pt;"> <div style="line-height: 11.0pt; text-align: left;"> <div style="border-bottom: 0.5pt solid #000000; margin-left: 4pt; margin-right: 4pt; padding-bottom: 1pt;"> <div style="text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-weight: bold;">High</span></div> </div> </div> </td>
<td style="padding-bottom: 1.35pt; padding-top: 1.35pt; vertical-align: Bottom; width: 58.86pt;"> <div style="line-height: 11.0pt; text-align: left;"> <div style="border-bottom: 0.5pt solid #000000; margin-left: 4pt; margin-right: 4pt; padding-bottom: 1pt;"> <div style="text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-weight: bold;">Low</span></div> </div> </div> </td>
<td style="padding-bottom: 1.35pt; padding-top: 1.35pt; vertical-align: Bottom; width: 52.74pt;"> <div style="line-height: 11.0pt; text-align: left;"> <div style="border-bottom: 0.5pt solid #000000; margin-left: 4pt; margin-right: 4pt; padding-bottom: 1pt;"> <div style="text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-weight: bold;">High</span></div> </div> </div> </td>
<td style="padding-bottom: 1.35pt; padding-top: 1.35pt; vertical-align: Bottom; width: 59.41pt;"> <div style="line-height: 11.0pt; text-align: left;"> <div style="border-bottom: 0.5pt solid #000000; margin-left: 4pt; margin-right: 4pt; padding-bottom: 1pt;"> <div style="text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-weight: bold;">Low</span></div> </div> </div> </td> </tr>
<tr style="height: 14.35pt;">
<td style="background-color: #adfffc; padding-bottom: 4pt; padding-top: 1.35pt; vertical-align: Bottom; width: 207.05pt;"> <div style="line-height: 10pt; text-align: left;"> <div style="margin-left: 3pt; margin-right: 6pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">August 31, 2021</span></div> </div> </td>
<td style="background-color: #adfffc; padding-bottom: 4pt; padding-top: 1.35pt; vertical-align: Bottom; width: 39.55pt;"> <div style="line-height: 10pt; text-align: left;"> <div style="margin-left: 6.00pt; margin-right: 6.00pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">$</span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">21.98</span></div> </div> </td>
<td style="background-color: #adfffc; padding-bottom: 4pt; padding-top: 1.35pt; vertical-align: Bottom; width: 39.55pt;"> <div style="line-height: 10pt; text-align: left;"> <div style="margin-left: 6.00pt; margin-right: 6.00pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">$</span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">20.92</span></div> </div> </td>
<td style="background-color: #adfffc; padding-bottom: 4pt; padding-top: 1.35pt; vertical-align: Bottom; width: 58.86pt;"> <div style="line-height: 10pt; text-align: left;"> <div style="margin-left: 15.655pt; margin-right: 15.655pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.00pt;">$</span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">17.21</span></div> </div> </td>
<td style="background-color: #adfffc; padding-bottom: 4pt; padding-top: 1.35pt; vertical-align: Bottom; width: 58.86pt;"> <div style="line-height: 10pt; text-align: left;"> <div style="margin-left: 15.655pt; margin-right: 15.655pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.00pt;">$</span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">16.98</span></div> </div> </td>
<td style="background-color: #adfffc; padding-bottom: 4pt; padding-top: 1.35pt; vertical-align: Bottom; width: 52.74pt;"> <div style="line-height: 10pt; text-align: left;"> <div style="margin-left: 10.93pt; margin-right: 10.93pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.00pt; margin-right: -10.02pt;">27.72%</span></div> </div> </td>
<td style="background-color: #adfffc; padding-bottom: 4pt; padding-top: 1.35pt; vertical-align: Bottom; width: 59.41pt;"> <div style="line-height: 10pt; text-align: left;"> <div style="margin-left: 4pt; margin-right: 4pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 3.33pt; margin-right: -10.02pt;">23.20%</span></div> </div> </td> </tr>
<tr style="height: 13pt;">
<td style="padding-bottom: 4pt; padding-top: 4pt; vertical-align: Bottom; width: 207.05pt;"> <div style="line-height: 10pt; text-align: left;"> <div style="margin-left: 3pt; margin-right: 6pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">May 31, 2021</span></div> </div> </td>
<td style="padding-bottom: 4pt; padding-top: 4pt; vertical-align: Bottom; width: 39.55pt;"> <div style="line-height: 10pt; text-align: left;"> <div style="margin-left: 6.00pt; margin-right: 6.00pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">$</span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">21.95</span></div> </div> </td>
<td style="padding-bottom: 4pt; padding-top: 4pt; vertical-align: Bottom; width: 39.55pt;"> <div style="line-height: 10pt; text-align: left;"> <div style="margin-left: 6.00pt; margin-right: 6.00pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">$</span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">19.24</span></div> </div> </td>
<td style="padding-bottom: 4pt; padding-top: 4pt; vertical-align: Bottom; width: 58.86pt;"> <div style="line-height: 10pt; text-align: left;"> <div style="margin-left: 15.655pt; margin-right: 15.655pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">$</span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">17.10</span></div> </div> </td>
<td style="padding-bottom: 4pt; padding-top: 4pt; vertical-align: Bottom; width: 58.86pt;"> <div style="line-height: 10pt; text-align: left;"> <div style="margin-left: 15.655pt; margin-right: 15.655pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">$</span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">16.94</span></div> </div> </td>
<td style="padding-bottom: 4pt; padding-top: 4pt; vertical-align: Bottom; width: 52.74pt;"> <div style="line-height: 10pt; text-align: left;"> <div style="margin-left: 10.93pt; margin-right: 10.93pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-right: -10.02pt;">28.36%</span></div> </div> </td>
<td style="padding-bottom: 4pt; padding-top: 4pt; vertical-align: Bottom; width: 59.41pt;"> <div style="line-height: 10pt; text-align: left;"> <div style="margin-left: 4pt; margin-right: 4pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 3.34pt; margin-right: -10.02pt;">13.58%</span></div> </div> </td> </tr>
<tr style="height: 13pt;">
<td style="background-color: #adfffc; padding-bottom: 4pt; padding-top: 4pt; vertical-align: Bottom; width: 207.05pt;"> <div style="line-height: 10pt; text-align: left;"> <div style="margin-left: 3pt; margin-right: 6pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">February 28, 2021</span></div> </div> </td>
<td style="background-color: #adfffc; padding-bottom: 4pt; padding-top: 4pt; vertical-align: Bottom; width: 39.55pt;"> <div style="line-height: 10pt; text-align: left;"> <div style="margin-left: 6.00pt; margin-right: 6.00pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">$</span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">21.10</span></div> </div> </td>
<td style="background-color: #adfffc; padding-bottom: 4pt; padding-top: 4pt; vertical-align: Bottom; width: 39.55pt;"> <div style="line-height: 10pt; text-align: left;"> <div style="margin-left: 6.00pt; margin-right: 6.00pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">$</span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">18.77</span></div> </div> </td>
<td style="background-color: #adfffc; padding-bottom: 4pt; padding-top: 4pt; vertical-align: Bottom; width: 58.86pt;"> <div style="line-height: 10pt; text-align: left;"> <div style="margin-left: 15.655pt; margin-right: 15.655pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.00pt;">$</span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">17.43</span></div> </div> </td>
<td style="background-color: #adfffc; padding-bottom: 4pt; padding-top: 4pt; vertical-align: Bottom; width: 58.86pt;"> <div style="line-height: 10pt; text-align: left;"> <div style="margin-left: 15.655pt; margin-right: 15.655pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.00pt;">$</span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">16.69</span></div> </div> </td>
<td style="background-color: #adfffc; padding-bottom: 4pt; padding-top: 4pt; vertical-align: Bottom; width: 52.74pt;"> <div style="line-height: 10pt; text-align: left;"> <div style="margin-left: 10.93pt; margin-right: 10.93pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.00pt; margin-right: -10.02pt;">21.06%</span></div> </div> </td>
<td style="background-color: #adfffc; padding-bottom: 4pt; padding-top: 4pt; vertical-align: Bottom; width: 59.41pt;"> <div style="line-height: 10pt; text-align: left;"> <div style="margin-left: 4pt; margin-right: 4pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 3.33pt; margin-right: -10.02pt;">12.46%</span></div> </div> </td> </tr>
<tr style="height: 13pt;">
<td style="padding-bottom: 4pt; padding-top: 4pt; vertical-align: Bottom; width: 207.05pt;"> <div style="line-height: 10pt; text-align: left;"> <div style="margin-left: 3pt; margin-right: 6pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">November 30, 2020</span></div> </div> </td>
<td style="padding-bottom: 4pt; padding-top: 4pt; vertical-align: Bottom; width: 39.55pt;"> <div style="line-height: 10pt; text-align: left;"> <div style="margin-left: 6.00pt; margin-right: 6.00pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">$</span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">18.64</span></div> </div> </td>
<td style="padding-bottom: 4pt; padding-top: 4pt; vertical-align: Bottom; width: 39.55pt;"> <div style="line-height: 10pt; text-align: left;"> <div style="margin-left: 6.00pt; margin-right: 6.00pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">$</span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">17.48</span></div> </div> </td>
<td style="padding-bottom: 4pt; padding-top: 4pt; vertical-align: Bottom; width: 58.86pt;"> <div style="line-height: 10pt; text-align: left;"> <div style="margin-left: 15.655pt; margin-right: 15.655pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">$</span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">16.68</span></div> </div> </td>
<td style="padding-bottom: 4pt; padding-top: 4pt; vertical-align: Bottom; width: 58.86pt;"> <div style="line-height: 10pt; text-align: left;"> <div style="margin-left: 15.655pt; margin-right: 15.655pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">$</span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">16.03</span></div> </div> </td>
<td style="padding-bottom: 4pt; padding-top: 4pt; vertical-align: Bottom; width: 52.74pt;"> <div style="line-height: 10pt; text-align: left;"> <div style="margin-left: 10.93pt; margin-right: 10.93pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-right: -10.02pt;">11.75%</span></div> </div> </td>
<td style="padding-bottom: 4pt; padding-top: 4pt; vertical-align: Bottom; width: 59.41pt;"> <div style="line-height: 10pt; text-align: left;"> <div style="margin-left: 4pt; margin-right: 4pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 8.34pt; margin-right: -10.02pt;">9.05%</span></div> </div> </td> </tr>
<tr style="height: 13pt;">
<td style="background-color: #adfffc; padding-bottom: 4pt; padding-top: 4pt; vertical-align: Bottom; width: 207.05pt;"> <div style="line-height: 10pt; text-align: left;"> <div style="margin-left: 3pt; margin-right: 6pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">August 31, 2020</span></div> </div> </td>
<td style="background-color: #adfffc; padding-bottom: 4pt; padding-top: 4pt; vertical-align: Bottom; width: 39.55pt;"> <div style="line-height: 10pt; text-align: left;"> <div style="margin-left: 6.00pt; margin-right: 6.00pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">$</span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">18.46</span></div> </div> </td>
<td style="background-color: #adfffc; padding-bottom: 4pt; padding-top: 4pt; vertical-align: Bottom; width: 39.55pt;"> <div style="line-height: 10pt; text-align: left;"> <div style="margin-left: 6.00pt; margin-right: 6.00pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">$</span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">16.48</span></div> </div> </td>
<td style="background-color: #adfffc; padding-bottom: 4pt; padding-top: 4pt; vertical-align: Bottom; width: 58.86pt;"> <div style="line-height: 10pt; text-align: left;"> <div style="margin-left: 15.655pt; margin-right: 15.655pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.00pt;">$</span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">16.15</span></div> </div> </td>
<td style="background-color: #adfffc; padding-bottom: 4pt; padding-top: 4pt; vertical-align: Bottom; width: 58.86pt;"> <div style="line-height: 10pt; text-align: left;"> <div style="margin-left: 15.655pt; margin-right: 15.655pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.00pt;">$</span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">15.44</span></div> </div> </td>
<td style="background-color: #adfffc; padding-bottom: 4pt; padding-top: 4pt; vertical-align: Bottom; width: 52.74pt;"> <div style="line-height: 10pt; text-align: left;"> <div style="margin-left: 10.93pt; margin-right: 10.93pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.00pt; margin-right: -10.02pt;">14.30%</span></div> </div> </td>
<td style="background-color: #adfffc; padding-bottom: 4pt; padding-top: 4pt; vertical-align: Bottom; width: 59.41pt;"> <div style="line-height: 10pt; text-align: left;"> <div style="margin-left: 4pt; margin-right: 4pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 8.34pt; margin-right: -10.02pt;">6.74%</span></div> </div> </td> </tr>
<tr style="height: 13pt;">
<td style="padding-bottom: 4pt; padding-top: 4pt; vertical-align: Bottom; width: 207.05pt;"> <div style="line-height: 10pt; text-align: left;"> <div style="margin-left: 3pt; margin-right: 6pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">May 31, 2020</span></div> </div> </td>
<td style="padding-bottom: 4pt; padding-top: 4pt; vertical-align: Bottom; width: 39.55pt;"> <div style="line-height: 10pt; text-align: left;"> <div style="margin-left: 6.00pt; margin-right: 6.00pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">$</span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">18.01</span></div> </div> </td>
<td style="padding-bottom: 4pt; padding-top: 4pt; vertical-align: Bottom; width: 39.55pt;"> <div style="line-height: 10pt; text-align: left;"> <div style="margin-left: 6.00pt; margin-right: 6.00pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">$</span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">11.82</span></div> </div> </td>
<td style="padding-bottom: 4pt; padding-top: 4pt; vertical-align: Bottom; width: 58.86pt;"> <div style="line-height: 10pt; text-align: left;"> <div style="margin-left: 15.655pt; margin-right: 15.655pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">$</span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">17.00</span></div> </div> </td>
<td style="padding-bottom: 4pt; padding-top: 4pt; vertical-align: Bottom; width: 58.86pt;"> <div style="line-height: 10pt; text-align: left;"> <div style="margin-left: 15.655pt; margin-right: 15.655pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">$</span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">15.25</span></div> </div> </td>
<td style="padding-bottom: 4pt; padding-top: 4pt; vertical-align: Bottom; width: 52.74pt;"> <div style="line-height: 10pt; text-align: left;"> <div style="margin-left: 10.93pt; margin-right: 10.93pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 5.01pt; margin-right: -10.02pt;">5.94%</span></div> </div> </td>
<td style="padding-bottom: 4pt; padding-top: 4pt; vertical-align: Bottom; width: 59.41pt;"> <div style="line-height: 10pt; text-align: left;"> <div style="margin-left: 4pt; margin-right: 4pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-right: -12.52pt;">(22.49)%</span></div> </div> </td> </tr>
<tr style="height: 13pt;">
<td style="background-color: #adfffc; padding-bottom: 4pt; padding-top: 4pt; vertical-align: Bottom; width: 207.05pt;"> <div style="line-height: 10pt; text-align: left;"> <div style="margin-left: 3pt; margin-right: 6pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">February 29, 2020</span></div> </div> </td>
<td style="background-color: #adfffc; padding-bottom: 4pt; padding-top: 4pt; vertical-align: Bottom; width: 39.55pt;"> <div style="line-height: 10pt; text-align: left;"> <div style="margin-left: 6.00pt; margin-right: 6.00pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">$</span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">19.47</span></div> </div> </td>
<td style="background-color: #adfffc; padding-bottom: 4pt; padding-top: 4pt; vertical-align: Bottom; width: 39.55pt;"> <div style="line-height: 10pt; text-align: left;"> <div style="margin-left: 6.00pt; margin-right: 6.00pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">$</span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">17.08</span></div> </div> </td>
<td style="background-color: #adfffc; padding-bottom: 4pt; padding-top: 4pt; vertical-align: Bottom; width: 58.86pt;"> <div style="line-height: 10pt; text-align: left;"> <div style="margin-left: 15.655pt; margin-right: 15.655pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.00pt;">$</span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">17.14</span></div> </div> </td>
<td style="background-color: #adfffc; padding-bottom: 4pt; padding-top: 4pt; vertical-align: Bottom; width: 58.86pt;"> <div style="line-height: 10pt; text-align: left;"> <div style="margin-left: 15.655pt; margin-right: 15.655pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.00pt;">$</span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">16.91</span></div> </div> </td>
<td style="background-color: #adfffc; padding-bottom: 4pt; padding-top: 4pt; vertical-align: Bottom; width: 52.74pt;"> <div style="line-height: 10pt; text-align: left;"> <div style="margin-left: 10.93pt; margin-right: 10.93pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.00pt; margin-right: -10.02pt;">13.59%</span></div> </div> </td>
<td style="background-color: #adfffc; padding-bottom: 4pt; padding-top: 4pt; vertical-align: Bottom; width: 59.41pt;"> <div style="line-height: 10pt; text-align: left;"> <div style="margin-left: 4pt; margin-right: 4pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 8.34pt; margin-right: -10.02pt;">1.01%</span></div> </div> </td> </tr>
<tr style="height: 13pt;">
<td style="padding-bottom: 4pt; padding-top: 4pt; vertical-align: Bottom; width: 207.05pt;"> <div style="line-height: 10pt; text-align: left;"> <div style="margin-left: 3pt; margin-right: 6pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">November 30, 2019</span></div> </div> </td>
<td style="padding-bottom: 4pt; padding-top: 4pt; vertical-align: Bottom; width: 39.55pt;"> <div style="line-height: 10pt; text-align: left;"> <div style="margin-left: 6.00pt; margin-right: 6.00pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">$</span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">19.77</span></div> </div> </td>
<td style="padding-bottom: 4pt; padding-top: 4pt; vertical-align: Bottom; width: 39.55pt;"> <div style="line-height: 10pt; text-align: left;"> <div style="margin-left: 6.00pt; margin-right: 6.00pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">$</span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">18.56</span></div> </div> </td>
<td style="padding-bottom: 4pt; padding-top: 4pt; vertical-align: Bottom; width: 58.86pt;"> <div style="line-height: 10pt; text-align: left;"> <div style="margin-left: 15.655pt; margin-right: 15.655pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">$</span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">17.63</span></div> </div> </td>
<td style="padding-bottom: 4pt; padding-top: 4pt; vertical-align: Bottom; width: 58.86pt;"> <div style="line-height: 10pt; text-align: left;"> <div style="margin-left: 15.655pt; margin-right: 15.655pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">$</span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">17.46</span></div> </div> </td>
<td style="padding-bottom: 4pt; padding-top: 4pt; vertical-align: Bottom; width: 52.74pt;"> <div style="line-height: 10pt; text-align: left;"> <div style="margin-left: 10.93pt; margin-right: 10.93pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-right: -10.02pt;">12.14%</span></div> </div> </td>
<td style="padding-bottom: 4pt; padding-top: 4pt; vertical-align: Bottom; width: 59.41pt;"> <div style="line-height: 10pt; text-align: left;"> <div style="margin-left: 4pt; margin-right: 4pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 8.34pt; margin-right: -10.02pt;">6.30%</span></div> </div> </td> </tr>
<tr style="height: 9pt;">
<td style="background-color: #adfffc; padding-bottom: 1.5pt; padding-top: 4pt; vertical-align: Bottom; width: 207.05pt;"> <div style="line-height: 10pt; text-align: left;"> <div style="margin-left: 3pt; margin-right: 6pt; text-align: left; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;">August 31, 2019</span></div> </div> </td>
<td style="background-color: #adfffc; padding-bottom: 1.5pt; padding-top: 4pt; vertical-align: Bottom; width: 39.55pt;"> <div style="line-height: 10pt; text-align: left;"> <div style="margin-left: 6.00pt; margin-right: 6.00pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">$</span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">20.88</span></div> </div> </td>
<td style="background-color: #adfffc; padding-bottom: 1.5pt; padding-top: 4pt; vertical-align: Bottom; width: 39.55pt;"> <div style="line-height: 10pt; text-align: left;"> <div style="margin-left: 6.00pt; margin-right: 6.00pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">$</span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">19.51</span></div> </div> </td>
<td style="background-color: #adfffc; padding-bottom: 1.5pt; padding-top: 4pt; vertical-align: Bottom; width: 58.86pt;"> <div style="line-height: 10pt; text-align: left;"> <div style="margin-left: 15.655pt; margin-right: 15.655pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.00pt;">$</span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">17.81</span></div> </div> </td>
<td style="background-color: #adfffc; padding-bottom: 1.5pt; padding-top: 4pt; vertical-align: Bottom; width: 58.86pt;"> <div style="line-height: 10pt; text-align: left;"> <div style="margin-left: 15.655pt; margin-right: 15.655pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.00pt;">$</span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">17.60</span></div> </div> </td>
<td style="background-color: #adfffc; padding-bottom: 1.5pt; padding-top: 4pt; vertical-align: Bottom; width: 52.74pt;"> <div style="line-height: 10pt; text-align: left;"> <div style="margin-left: 10.93pt; margin-right: 10.93pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.00pt; margin-right: -10.02pt;">17.24%</span></div> </div> </td>
<td style="background-color: #adfffc; padding-bottom: 1.5pt; padding-top: 4pt; vertical-align: Bottom; width: 59.41pt;"> <div style="line-height: 10pt; text-align: left;"> <div style="margin-left: 4pt; margin-right: 4pt; text-align: center; white-space: nowrap;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 3.33pt; margin-right: -10.02pt;">10.85%</span></div> </div> </td> </tr> </table>  <div style="float: left; line-height: 12.02pt; text-align: left; width: 11.68pt;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">(1)</span></div>  <div style="float: left; line-height: 12.02pt; margin-left: 12.32pt; text-align: left; width: 487.00pt;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">Based on the Fund&#8217;s computations.</span></div>  <div style="float: left; line-height: 12.02pt; text-align: left; width: 11.68pt;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">(2)</span></div>  <div style="float: left; line-height: 12.02pt; margin-left: 12.32pt; text-align: left; width: 487.00pt;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">Calculated based on the information presented. Percentages are rounded.</span></div>  <div style="line-height: 12.02pt; margin-top: 9.90pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;">The last reported sale price, net asset value per Common Share and percentage premium to net asset value per Common </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">Share on September 7, 2021 was $ 21.34, $17.10 and 24.80%, respectively. The Fund cannot predict whether its Common </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">Shares will trade in the future at a premium to or discount from net asset value, or the level of any premium or discount. Shares </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">of closed-end investment companies frequently trade at a discount from net asset value. The Fund&#8217;s Common Shares have in the </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">past traded below their net asset value. As of September 7, 2021, 54,220,052 Common Shares of the Fund were outstanding.</span> </span></div> <span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_cef_CapitalStockLongTermDebtAndOtherSecuritiesAbstract', window );"><strong>Capital Stock, Long-Term Debt, and Other Securities [Abstract]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_cef_CapitalStockTableTextBlock', window );">Capital Stock [Table Text Block]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text"><div style="line-height:22.02pt;margin-top:12pt;text-align:center;"><span style="color:#000000;font-family:times new roman;font-size:10.02pt;font-weight:bold;margin-left:0%;text-transform:uppercase">DESCRIPTION OF CAPITAL STRUCTURE</span></div><div style="line-height:12.02pt;margin-top:5.30pt;text-align:left;"><span style="color:#000000;font-family:times new roman;font-size:10.02pt;margin-left:29pt">The following is a brief description of the terms of the Common Shares, Borrowings and Preferred Shares which may be </span><span style="color:#000000;font-family:times new roman;font-size:10.02pt">issued by the Fund. This description does not purport to be complete and is qualified by reference to the Fund&#8217;s Governing </span><span style="color:#000000;font-family:times new roman;font-size:10.02pt">Documents.</span></div><div style="line-height:12.02pt;margin-top:10.30pt;text-align:left;"><span style="color:#000000;font-family:times new roman;font-size:10.02pt;font-weight:bold">Common Shares</span></div><div style="line-height:12.02pt;margin-top:10.30pt;text-align:left;"><span style="color:#000000;font-family:times new roman;font-size:10.02pt;margin-left:29pt">The Fund is an unincorporated statutory trust organized under the laws of Delaware pursuant to a Certificate of Trust, </span><span style="color:#000000;font-family:times new roman;font-size:10.02pt">dated as of November 13, 2006. Pursuant to the Fund&#8217;s Agreement and Declaration of Trust, dated as of November&#160;13, 2006, and </span><span style="color:#000000;font-family:times new roman;font-size:10.02pt">as amended and restated through the date hereof, the Fund is authorized to issue an unlimited number of common shares of </span><span style="color:#000000;font-family:times new roman;font-size:10.02pt">beneficial interest, par value $0.01 per share. </span><span style="color:#000000;font-family:times new roman;font-size:10.02pt">Each Common Share, when issued and paid for in accordance with the terms of </span><span style="color:#000000;font-family:times new roman;font-size:10.02pt">this offering, will be fully paid and non-assessable, except that the Board of Trustees shall have the power to cause shareholders </span><span style="color:#000000;font-family:times new roman;font-size:10.02pt">to pay expenses of the Fund by setting off charges due from shareholders from declared but unpaid dividends or distributions </span><span style="color:#000000;font-family:times new roman;font-size:10.02pt">owed the shareholders and/or by reducing the number of Common Shares owned by each respective shareholder. All Common </span><span style="color:#000000;font-family:times new roman;font-size:10.02pt">Shares are equal as to dividends, assets and voting privileges and have no conversion, preemptive or other subscription rights. </span><span style="color:#000000;font-family:times new roman;font-size:10.02pt">The Fund will send annual and semi-annual reports, including financial statements, to all holders of its shares, as required by </span><span style="color:#000000;font-family:times new roman;font-size:10.02pt">applicable law.</span></div><div style="line-height:12.02pt;margin-top:10.30pt;text-align:left;"><span style="color:#000000;font-family:times new roman;font-size:10.02pt;font-style:italic;margin-left:29pt">Listing and Symbol</span><span style="color:#000000;font-family:times new roman;font-size:10.02pt">. The Fund&#8217;s Common Shares are listed on the NYSE under the symbol &#8220;GOF.&#8221;</span></div><div style="line-height:12.02pt;margin-top:10.30pt;text-align:left;"><span style="color:#000000;font-family:times new roman;font-size:10.02pt;font-style:italic;margin-left:29pt">Voting Rights</span><span style="color:#000000;font-family:times new roman;font-size:10.02pt">. Until any Preferred Shares are issued, holders of the Common Shares will vote as a single class to elect the </span><span style="color:#000000;font-family:times new roman;font-size:10.02pt">Fund&#8217;s Board of Trustees and on additional matters with respect to which the 1940 Act mandates a vote by the Fund&#8217;s </span><span style="color:#000000;font-family:times new roman;font-size:10.02pt">shareholders. If Preferred Shares are issued, holders of Preferred Shares will have a right to elect two of the Fund&#8217;s Trustees, and </span><span style="color:#000000;font-family:times new roman;font-size:10.02pt">will have certain other voting rights. See &#8220;Anti-Takeover Provisions in the Fund&#8217;s Governing Documents.&#8221;</span></div><div style="line-height:12.02pt;margin-top:10.29pt;text-align:left;"><span style="color:#000000;font-family:times new roman;font-size:10.02pt;font-style:italic;margin-left:29pt">Issuance of Additional Common Shares</span><span style="color:#000000;font-family:times new roman;font-size:10.02pt">. The provisions of the 1940 Act generally require that the public offering price </span><span style="color:#000000;font-family:times new roman;font-size:10.02pt">(less underwriting commissions and discounts) of common shares sold by a closed-end investment company must equal or </span><span style="color:#000000;font-family:times new roman;font-size:10.02pt">exceed the net asset value of such company&#8217;s common shares (calculated within 48 hours of the pricing of such offering), unless </span><span style="color:#000000;font-family:times new roman;font-size:10.02pt">such sale is made with the consent of a majority of its common shareholders and under certain other enumerated circumstances. </span><span style="color:#000000;font-family:times new roman;font-size:10.02pt">The Fund may, from time to time, seek the consent of Common Shareholders to permit the issuance and sale by the Fund of </span><span style="color:#000000;font-family:times new roman;font-size:10.02pt">Common Shares at a price below the Fund&#8217;s then-current net asset value, subject to certain conditions. If such consent is </span><span style="color:#000000;font-family:times new roman;font-size:10.02pt">obtained, the Fund may, contemporaneous with and in no event more than one year following the receipt of such consent, sell </span><span style="color:#000000;font-family:times new roman;font-size:10.02pt">Common Shares at a price below net asset value in accordance with any conditions adopted in connection with the giving of </span><span style="color:#000000;font-family:times new roman;font-size:10.02pt">such consent. Additional information regarding any consent of Common Shareholders obtained by the Fund and the applicable </span><span style="color:#000000;font-family:times new roman;font-size:10.02pt">conditions imposed on the issuance and sale by the Fund of Common Shares at a price below net asset value will be disclosed in </span><span style="color:#000000;font-family:times new roman;font-size:10.02pt">the Prospectus Supplement relating to any such offering of Common Shares at a price below net asset value. Until such consent </span><span style="color:#000000;font-family:times new roman;font-size:10.02pt">of Common Shareholders, if any, is obtained, the Fund may not sell Common Shares at a price below net asset value. Because </span><span style="color:#000000;font-family:times new roman;font-size:10.02pt">the Fund&#8217;s advisory fee and sub-advisory fee are based upon average Managed Assets, the Investment Adviser&#8217;s and the Sub-Adviser&#8217;s</span><span style="color:#000000;font-family:times new roman;font-size:10.02pt"> interests in recommending the issuance and sale of Common Shares at a price below net asset value may conflict with </span><span style="color:#000000;font-family:times new roman;font-size:10.02pt">the interests of the Fund and its Common Shareholders.</span></div><div style="line-height:12.02pt;margin-top:10.30pt;text-align:left;"><span style="color:#000000;font-family:times new roman;font-size:10.02pt;font-weight:bold">Borrowings</span></div><div style="line-height:12.02pt;margin-top:10.29pt;text-align:left;"><span style="color:#000000;font-family:times new roman;font-size:10.02pt;margin-left:29pt">The Fund is permitted, without prior approval of the Common Shareholders, to borrow money. The Fund may issue notes </span><span style="color:#000000;font-family:times new roman;font-size:10.02pt">or other evidence of indebtedness (including bank borrowings or commercial paper) and may secure any such Borrowings by </span><span style="color:#000000;font-family:times new roman;font-size:10.02pt">mortgaging, pledging or otherwise subjecting the Fund&#8217;s assets as security. In connection with such Borrowings, the Fund may </span><span style="color:#000000;font-family:times new roman;font-size:10.02pt">be required to maintain minimum average balances with the lender or to pay a commitment or other fee to maintain a line of </span><span style="color:#000000;font-family:times new roman;font-size:10.02pt">credit. Any such requirements will increase the cost of borrowing over the stated interest rate.</span></div><div style="line-height:12.02pt;margin-top:10.30pt;text-align:left;"><span style="color:#000000;font-family:times new roman;font-size:10.02pt;font-style:italic;margin-left:29pt">Limitations</span><span style="color:#000000;font-family:times new roman;font-size:10.02pt">. Borrowings by the Fund are subject to certain limitations under the 1940 Act, including the amount of asset </span><span style="color:#000000;font-family:times new roman;font-size:10.02pt">coverage required. In addition, agreements related to the Borrowings may also impose certain requirements, which may be more </span><span style="color:#000000;font-family:times new roman;font-size:10.02pt">stringent than those imposed by the 1940 Act. See &#8220;Use of Financial Leverage&#8221; and &#8220;Risks&#8212;Financial Leverage and Leveraged </span><span style="color:#000000;font-family:times new roman;font-size:10.02pt">Transactions Risk.&#8221;</span></div><div style="line-height:12.02pt;margin-top:10.30pt;text-align:left;"><span style="color:#000000;font-family:times new roman;font-size:10.02pt;font-style:italic;margin-left:29pt">Distribution Preference</span><span style="color:#000000;font-family:times new roman;font-size:10.02pt">. The rights of lenders to the Fund to receive interest on, and repayment of, principal of any such </span><span style="color:#000000;font-family:times new roman;font-size:10.02pt">Borrowings will be senior to those of the Common Shareholders, and the terms of any such Borrowings may contain provisions </span><span style="color:#000000;font-family:times new roman;font-size:10.02pt">which limit certain activities of the Fund, including the payment of dividends to Common Shareholders in certain circumstances.</span></div><div style="line-height:12.02pt;margin-top:10pt;text-align:left;"><span style="color:#000000;font-family:times new roman;font-size:10.02pt;font-style:italic;margin-left:29pt">Voting Rights</span><span style="color:#000000;font-family:times new roman;font-size:10.02pt">. The 1940 Act does (in certain circumstances) grant to the lenders to the Fund certain voting rights in the </span><span style="color:#000000;font-family:times new roman;font-size:10.02pt">event of default in the payment of interest on, or repayment of, principal. Any Borrowings will likely be ranked senior or equal </span><span style="color:#000000;font-family:times new roman;font-size:10.02pt">to all other existing and future borrowings of the Fund.</span></div><div style="line-height:12.02pt;margin-top:9.90pt;text-align:left;"><span style="color:#000000;font-family:times new roman;font-size:10.02pt;font-weight:bold">Preferred Shares</span></div><div style="line-height:12.02pt;margin-top:9.90pt;text-align:left;"><span style="color:#000000;font-family:times new roman;font-size:10.02pt;margin-left:29pt">The Fund&#8217;s Governing Documents provide that the Board of Trustees may authorize and issue preferred shares with </span><span style="color:#000000;font-family:times new roman;font-size:10.02pt">rights as determined by the Board of Trustees, by action of the Board of Trustees without prior approval of the holders of the </span><span style="color:#000000;font-family:times new roman;font-size:10.02pt">Common Shares.</span><span style="color:#000000;font-family:times new roman;font-size:10.02pt"> Common Shareholders have no preemptive right to purchase any preferred shares that might be issued. Under </span><span style="color:#000000;font-family:times new roman;font-size:10.02pt">the 1940 Act, the Fund may not issue Preferred Shares if, immediately after issuance, the Fund would have asset coverage (as </span><span style="color:#000000;font-family:times new roman;font-size:10.02pt">defined in the 1940 Act) of less than 200%, calculated as the ratio of the Fund&#8217;s total assets (less all liabilities and indebtedness </span><span style="color:#000000;font-family:times new roman;font-size:10.02pt">not represented by senior securities) over the aggregate amount of the Fund&#8217;s outstanding senior securities representing </span><span style="color:#000000;font-family:times new roman;font-size:10.02pt">indebtedness plus the aggregate liquidation preference of any outstanding shares of preferred stock. In addition, the Fund </span><span style="color:#000000;font-family:times new roman;font-size:10.02pt">generally is not permitted to declare any cash dividend or other distribution on the Fund&#8217;s Common Shares, or purchase any such </span><span style="color:#000000;font-family:times new roman;font-size:10.02pt">Common Shares, unless, at the time of such declaration, the Fund would have asset coverage (as described above) of at least </span><span style="color:#000000;font-family:times new roman;font-size:10.02pt">200% after deducting the amount of such dividend or other distribution. The 1940 Act grants to the holders of senior securities </span><span style="color:#000000;font-family:times new roman;font-size:10.02pt">representing stock issued by the Fund certain voting rights. Failure to maintain certain asset coverage requirements under the </span><span style="color:#000000;font-family:times new roman;font-size:10.02pt">1940 Act could entitle the holders of Preferred Shares to elect a majority of the Board. If the Fund issues and has preferred </span><span style="color:#000000;font-family:times new roman;font-size:10.02pt">shares outstanding, the Common Shareholders will generally not be entitled to receive any distributions from the Fund unless all </span><span style="color:#000000;font-family:times new roman;font-size:10.02pt">accrued dividends on preferred shares have been paid. Issuance of preferred shares would constitute financial leverage and </span><span style="color:#000000;font-family:times new roman;font-size:10.02pt">would entail special risks to the Common Shareholders. The Fund has no present intention to issue preferred shares.</span></div><div style="line-height:12.02pt;margin-top:10.00pt;text-align:left;"><span style="color:#000000;font-family:times new roman;font-size:10.02pt;font-weight:bold">Capitalization</span></div><div style="line-height:12.02pt;margin-top:10.00pt;text-align:left;"><span style="color:#000000;font-family:times new roman;font-size:10.02pt;margin-left:29pt">The following table provides information about the outstanding securities of the Fund as of May 31, 2021:</span><span style="color:#000000;font-family:times new roman;font-size:1pt;line-height:1pt">&#8195;</span></div>
<table cellpadding="0" cellspacing="0" style="empty-cells:show;width:516pt">
<tr style="height:20.35pt">
<td style="background-color:#FFFFFF;padding-bottom:1.35pt;padding-top:1.35pt;vertical-align:Bottom;width:279.04pt;"> <div style="line-height:11.0pt;text-align:left;"> <div style="margin-left:3pt;margin-right:6pt;text-align:left;white-space:nowrap;"><span style="border-bottom:0.5pt groove #000000;color:#000000;font-family:times new roman;font-size:10.02pt;font-weight:bold;margin-left:0.0pt">Title of Class</span></div> </div> </td>
<td style="background-color:#FFFFFF;padding-bottom:1.35pt;padding-top:1.35pt;vertical-align:Bottom;width:59.91pt;"> <div style="line-height:13.02pt;text-align:left;"> <div style="border-bottom:0.5pt solid #000000;margin-left:4pt;margin-right:4pt;padding-bottom:1pt;"> <div style="text-align:center;white-space:nowrap;"><span style="color:#000000;font-family:times new roman;font-size:10.02pt;font-weight:bold">Amount</span></div> <div style="text-align:center;white-space:nowrap;"><span style="color:#000000;font-family:times new roman;font-size:10.02pt;font-weight:bold">Authorized</span></div> </div> </div> </td>
<td style="background-color:#FFFFFF;padding-bottom:1.35pt;padding-top:1.35pt;vertical-align:Bottom;width:111.61pt;"> <div style="line-height:13.02pt;text-align:left;"> <div style="border-bottom:0.5pt solid #000000;margin-left:4pt;margin-right:4pt;padding-bottom:1pt;"> <div style="text-align:center;white-space:nowrap;"><span style="color:#000000;font-family:times new roman;font-size:10.02pt;font-weight:bold">Amount Held by the</span></div> <div style="text-align:center;white-space:nowrap;"><span style="color:#000000;font-family:times new roman;font-size:10.02pt;font-weight:bold">Fund or for its Account</span></div> </div> </div> </td>
<td style="background-color:#FFFFFF;padding-bottom:1.35pt;padding-top:1.35pt;vertical-align:Bottom;width:65.43pt;"> <div style="line-height:13.02pt;text-align:left;"> <div style="border-bottom:0.5pt solid #000000;margin-left:4pt;margin-right:4pt;padding-bottom:1pt;"> <div style="text-align:center;white-space:nowrap;"><span style="color:#000000;font-family:times new roman;font-size:10.02pt;font-weight:bold">Amount </span></div> <div style="text-align:center;white-space:nowrap;"><span style="color:#000000;font-family:times new roman;font-size:10.02pt;font-weight:bold">Outstanding</span></div> </div> </div> </td> </tr>
<tr style="height:8.35pt">
<td style="background-color:#FFFFFF;padding-bottom:1.5pt;padding-top:1.35pt;vertical-align:Bottom;width:279.04pt;"> <div style="line-height:10pt;text-align:left;"> <div style="margin-left:3pt;margin-right:6pt;text-align:left;white-space:nowrap;"><span style="color:#000000;font-family:times new roman;font-size:10.02pt;margin-left:0.0pt">Common shares of beneficial interest, par value $0.01 per share</span></div> </div> </td>
<td style="background-color:#FFFFFF;padding-bottom:1.5pt;padding-top:1.35pt;vertical-align:Bottom;width:59.91pt;"> <div style="line-height:10pt;text-align:left;"> <div style="margin-left:9.64pt;margin-right:9.64pt;text-align:center;white-space:nowrap;"><span style="color:#000000;font-family:times new roman;font-size:10.02pt;margin-left:0.00pt">Unlimited</span></div> </div> </td>
<td style="background-color:#FFFFFF;padding-bottom:1.5pt;padding-top:1.35pt;vertical-align:Bottom;width:111.61pt;"> <div style="line-height:10pt;text-align:left;"> <div style="margin-left:50.795pt;margin-right:50.795pt;text-align:center;white-space:nowrap;"><span style="color:#000000;font-family:times new roman;font-size:10.02pt;margin-left:0.0pt"><span class="sec-hidden" style="-sec-ix-hidden:h_3_05f1e8a6_0868_2019_5a76_4345ece2c6fa" title="Manually tagged">&#8212;</span></span></div> </div> </td>
<td style="background-color:#FFFFFF;padding-bottom:1.5pt;padding-top:1.35pt;vertical-align:Bottom;width:65.43pt;"> <div style="line-height:10pt;text-align:left;"> <div style="margin-left:4pt;margin-right:4pt;text-align:center;white-space:nowrap;"><span style="color:#000000;font-family:times new roman;font-size:10.02pt;margin-left:0.00pt">51,503,912</span></div> </div> </td> </tr> </table><span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_cef_OutstandingSecuritiesTableTextBlock', window );">Outstanding Securities [Table Text Block]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text"><div style="line-height:12.02pt;margin-top:10.00pt;text-align:left;"><span style="color:#000000;font-family:times new roman;font-size:10.02pt;margin-left:29pt">The following table provides information about the outstanding securities of the Fund as of May 31, 2021:</span><span style="color:#000000;font-family:times new roman;font-size:1pt;line-height:1pt">&#8195;</span></div>
<table cellpadding="0" cellspacing="0" style="empty-cells:show;width:516pt">
<tr style="height:20.35pt">
<td style="background-color:#FFFFFF;padding-bottom:1.35pt;padding-top:1.35pt;vertical-align:Bottom;width:279.04pt;"> <div style="line-height:11.0pt;text-align:left;"> <div style="margin-left:3pt;margin-right:6pt;text-align:left;white-space:nowrap;"><span style="border-bottom:0.5pt groove #000000;color:#000000;font-family:times new roman;font-size:10.02pt;font-weight:bold;margin-left:0.0pt">Title of Class</span></div> </div> </td>
<td style="background-color:#FFFFFF;padding-bottom:1.35pt;padding-top:1.35pt;vertical-align:Bottom;width:59.91pt;"> <div style="line-height:13.02pt;text-align:left;"> <div style="border-bottom:0.5pt solid #000000;margin-left:4pt;margin-right:4pt;padding-bottom:1pt;"> <div style="text-align:center;white-space:nowrap;"><span style="color:#000000;font-family:times new roman;font-size:10.02pt;font-weight:bold">Amount</span></div> <div style="text-align:center;white-space:nowrap;"><span style="color:#000000;font-family:times new roman;font-size:10.02pt;font-weight:bold">Authorized</span></div> </div> </div> </td>
<td style="background-color:#FFFFFF;padding-bottom:1.35pt;padding-top:1.35pt;vertical-align:Bottom;width:111.61pt;"> <div style="line-height:13.02pt;text-align:left;"> <div style="border-bottom:0.5pt solid #000000;margin-left:4pt;margin-right:4pt;padding-bottom:1pt;"> <div style="text-align:center;white-space:nowrap;"><span style="color:#000000;font-family:times new roman;font-size:10.02pt;font-weight:bold">Amount Held by the</span></div> <div style="text-align:center;white-space:nowrap;"><span style="color:#000000;font-family:times new roman;font-size:10.02pt;font-weight:bold">Fund or for its Account</span></div> </div> </div> </td>
<td style="background-color:#FFFFFF;padding-bottom:1.35pt;padding-top:1.35pt;vertical-align:Bottom;width:65.43pt;"> <div style="line-height:13.02pt;text-align:left;"> <div style="border-bottom:0.5pt solid #000000;margin-left:4pt;margin-right:4pt;padding-bottom:1pt;"> <div style="text-align:center;white-space:nowrap;"><span style="color:#000000;font-family:times new roman;font-size:10.02pt;font-weight:bold">Amount </span></div> <div style="text-align:center;white-space:nowrap;"><span style="color:#000000;font-family:times new roman;font-size:10.02pt;font-weight:bold">Outstanding</span></div> </div> </div> </td> </tr>
<tr style="height:8.35pt">
<td style="background-color:#FFFFFF;padding-bottom:1.5pt;padding-top:1.35pt;vertical-align:Bottom;width:279.04pt;"> <div style="line-height:10pt;text-align:left;"> <div style="margin-left:3pt;margin-right:6pt;text-align:left;white-space:nowrap;"><span style="color:#000000;font-family:times new roman;font-size:10.02pt;margin-left:0.0pt">Common shares of beneficial interest, par value $0.01 per share</span></div> </div> </td>
<td style="background-color:#FFFFFF;padding-bottom:1.5pt;padding-top:1.35pt;vertical-align:Bottom;width:59.91pt;"> <div style="line-height:10pt;text-align:left;"> <div style="margin-left:9.64pt;margin-right:9.64pt;text-align:center;white-space:nowrap;"><span style="color:#000000;font-family:times new roman;font-size:10.02pt;margin-left:0.00pt">Unlimited</span></div> </div> </td>
<td style="background-color:#FFFFFF;padding-bottom:1.5pt;padding-top:1.35pt;vertical-align:Bottom;width:111.61pt;"> <div style="line-height:10pt;text-align:left;"> <div style="margin-left:50.795pt;margin-right:50.795pt;text-align:center;white-space:nowrap;"><span style="color:#000000;font-family:times new roman;font-size:10.02pt;margin-left:0.0pt"><span class="sec-hidden" style="-sec-ix-hidden:h_3_05f1e8a6_0868_2019_5a76_4345ece2c6fa" title="Manually tagged">&#8212;</span></span></div> </div> </td>
<td style="background-color:#FFFFFF;padding-bottom:1.5pt;padding-top:1.35pt;vertical-align:Bottom;width:65.43pt;"> <div style="line-height:10pt;text-align:left;"> <div style="margin-left:4pt;margin-right:4pt;text-align:center;white-space:nowrap;"><span style="color:#000000;font-family:times new roman;font-size:10.02pt;margin-left:0.00pt">51,503,912</span></div> </div> </td> </tr> </table><span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_cef_RiskAxis=gsof_AntiTakeoverProvisionsRiskMember', window );">Anti Takeover Provisions Risk [Member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_cef_GeneralDescriptionOfRegistrantAbstract', window );"><strong>General Description of Registrant [Abstract]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_cef_RiskTextBlock', window );">Risk [Text Block]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text"> <div style="line-height: 12.02pt; margin-top: 10.00pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-weight: bold;">Anti-Takeover Provisions Risk</span></div>  <div style="line-height: 12.02pt; margin-top: 10.00pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;">The Fund&#8217;s Agreement and Declaration of Trust and Bylaws (collectively the &#8220;Governing Documents&#8221;) include </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">provisions that could limit the ability of other entities or persons to acquire control of the Fund or convert the Fund to an open-end</span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"> fund. These provisions could have the effect of depriving the Common Shareholders of opportunities to sell their Common </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">Shares at a premium over the then-current market price of the Common Shares. See &#8220;Anti-Takeover and Other Provisions in the </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">Fund&#8217;s Governing Documents.&#8221;</span> </span></div> <span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_cef_RiskAxis=gsof_AssetBackedSecuritiesRiskMember', window );">Asset Backed Securities Risk [Member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_cef_GeneralDescriptionOfRegistrantAbstract', window );"><strong>General Description of Registrant [Abstract]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_cef_RiskTextBlock', window );">Risk [Text Block]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text"> <div style="line-height: 12.02pt; margin-top: 9.90pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-weight: bold;">Asset-Backed Securities Risk</span></div>  <div style="line-height: 12.02pt; margin-top: 9.90pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;">ABS are a form of structured debt obligation. In addition to the general risks associated with credit securities discussed </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">herein, ABS are subject to additional risks. </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">While traditional fixed-income securities typically pay a fixed rate of interest until </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">maturity, when the entire principal amount is due, an ABS represents an interest in a pool of assets, such as automobile loans, </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">credit card receivables, unsecured consumer loans or student loans, that has been securitized and provides for monthly payments </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">of interest, at a fixed or floating rate, and principal from the cash flow of these assets. This pool of assets (and any related assets </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">of the issuing entity) is the only source of payment for the ABS. The ability of an ABS issuer to make payments on the ABS, and </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">the timing of such payments, is therefore dependent on collections on these underlying assets. The recoveries on the underlying </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">collateral may not, in some cases, be sufficient to support payments on these securities, which may result in losses to investors in </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">an ABS.</span></div>  <div style="line-height: 12.02pt; margin-top: 9.90pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;">Generally, obligors may prepay the underlying assets in full or in part at any time, subjecting the Fund to prepayment risk </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">related to the ABS it holds. While the expected repayment streams on ABS are determined by the contractual amortization </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">schedules for the underlying assets, an investor&#8217;s yield to maturity on an ABS is uncertain and may be reduced by the rate and </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">speed of prepayments of the underlying assets, which may be influenced by a variety of economic, social and other factors. Any </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">prepayments, repurchases, purchases or liquidations of the underlying assets could shorten the average life of the ABS to an </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">extent that cannot be fully predicted. Some ABS may be structured to include a period of rapid amortization triggered by events </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">such as a significant rise in the default rate of the underlying collateral, a sharp drop in the credit enhancement level because of </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">credit losses on the underlying assets, a specified regulatory event or the bankruptcy of the originator. A rapid amortization </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">event will cause any revolving period to end earlier than expected and all collections on the underlying assets will be used to pay </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">principal to investors earlier than expected. In general, the senior most securities will be paid prior to any payments being made </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">on the subordinated securities, and if such payments are made earlier than expected, the Fund&#8217;s yield on such ABS may be </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">negatively affected.</span></div> <span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_cef_RiskAxis=gsof_BelowInvestmentGradeSecuritiesRiskMember', window );">Below Investment Grade Securities Risk [Member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_cef_GeneralDescriptionOfRegistrantAbstract', window );"><strong>General Description of Registrant [Abstract]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_cef_RiskTextBlock', window );">Risk [Text Block]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text"> <div style="line-height: 12.02pt; margin-top: 9.90pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-weight: bold;">Below-Investment Grade Securities Risk</span></div>  <div style="line-height: 12.02pt; margin-top: 9.90pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;">The Fund may invest in Income Securities rated below-investment grade or, if unrated, determined by the Sub-Adviser to </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">be of comparable credit quality, which are commonly referred to as &#8220;high-yield&#8221; or &#8220;junk&#8221; bonds. Investment in securities of </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">below-investment grade quality involves substantial risk of loss, the risk of which is particularly acute under current conditions. </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">Income Securities of below-investment grade quality are predominantly speculative with respect to the issuer&#8217;s capacity to pay </span></div>  <div style="line-height: 12.02pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">interest and repay principal when due and therefore involve a greater risk of default or decline in market value due to adverse </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">economic and issuer-specific developments. Securities of below investment grade quality may involve a greater risk of default or </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">decline in market value due to adverse economic and issuer-specific developments, such as operating results and outlook and to </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">real or perceived adverse economic and competitive industry conditions. Generally, the risks associated with high yield </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">securities are heightened during times of weakening economic conditions or rising interest rates (particularly for issuers that are </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">highly leveraged) and are therefore heightened under current conditions. If the Fund is unable to sell an investment at its desired </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">time, the Fund may miss other investment opportunities while it holds investments it would prefer to sell, which could adversely </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">affect the Fund&#8217;s performance. In addition, the liquidity of any Fund investment may change significantly over time as a result of </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">market, economic, trading, issuer-specific and other factors. Accordingly, the performance of the Fund and a shareholder&#8217;s </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">investment in the Fund may be adversely affected if an issuer is unable to pay interest and repay principal, either on time or at </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">all. Issuers of below investment grade securities are not perceived to be as strong financially as those with higher credit ratings. </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">These issuers are more vulnerable to financial setbacks and recessions or other adverse economic developments than more </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">creditworthy issuers, which may impair their ability to make interest and principal payments. Income Securities of below-investment</span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"> grade quality display increased price sensitivity to changing interest rates and to a deteriorating economic </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">environment. The market values, total return and yield for securities of below investment grade quality tend to be more volatile </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">than the market values, total return and yield for higher quality bonds. Securities of below investment grade quality tend to be </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">less liquid than investment grade debt securities and therefore more difficult to value accurately and sell at an advantageous </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">price or time and may involve greater transactions costs and wider bid/ask spreads, than higher-quality securities. To the extent </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">that a secondary market does exist for certain below investment grade securities, the market for them may be subject to irregular </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">trading activity, wide bid/ask spreads and extended trade settlement periods. Because of the substantial risks associated with </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">investments in below investment grade securities, you could have an increased risk of losing money on your investment in </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">Common Shares, both in the short-term and the long-term. To the extent that the Fund invests in securities that have not been </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">rated by an NRSRO, the Fund&#8217;s ability to achieve its investment objectives will be more dependent on the Adviser&#8217;s credit </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">analysis than would be the case when the Fund invests in rated securities.</span></div>  <div style="line-height: 12.02pt; margin-top: 10.30pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;">Successful investment in lower-medium and lower-rated debt securities may involve greater investment risk and is highly </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">dependent on the Adviser&#8217;s credit analysis. The value of securities of below investment grade quality is particularly vulnerable to </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">changes in interest rates and a real or perceived economic downturn or higher interest rates could cause a decline in prices of </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">such securities by lessening the ability of issuers to make principal and interest payments. These securities are often thinly traded </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">or subject to irregular trading and can be more difficult to sell and value accurately than higher-quality securities because there </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">tends to be less public information available about these securities. Because objective pricing data may be less available, </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">judgment may play a greater role in the valuation process. In addition, the entire below investment grade market can experience </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">sudden and sharp price swings due to a variety of factors, including changes in economic forecasts, stock market activity, large </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">or sustained sales by major investors, a high-profile default, or a change in the market&#8217;s psychology. Adverse conditions could </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">make it difficult at times for the Fund to sell certain securities or could result in lower prices than those used in calculating the </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">Fund&#8217;s NAV.</span></div> <span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_cef_RiskAxis=gsof_CLOCDOAndCBORiskMember', window );">CLO CDO and CBO Risk [Member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_cef_GeneralDescriptionOfRegistrantAbstract', window );"><strong>General Description of Registrant [Abstract]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_cef_RiskTextBlock', window );">Risk [Text Block]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text"> <div style="line-height: 12.02pt; margin-top: 9.90pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-weight: bold;">CLO, CDO and CBO Risk</span></div>  <div style="line-height: 12.02pt; margin-top: 9.90pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;">In addition to the general risks associated with credit securities discussed herein, CLOs, CDOs and CBOs are subject to </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">additional risks. CLOs, CDOs and CBOs are subject to risks because of the involvement of multiple transaction parties related </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">to the underlying collateral and disruptions that may occur as a result of the restructuring or insolvency of the underlying </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">obligors, which are generally corporate obligors. </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">Unlike a consumer obligor that is generally obligated to make payments on the </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">collateral backing an ABS, the obligor on the collateral backing a CLO, a CDO or a CBO may have more effective defenses or </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">resources to cause a delay in payment or restructure the underlying obligation. If an obligor is permitted to restructure its </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">obligations, distributions from collateral securities may not be adequate to make interest or other payments.</span></div>  <div style="line-height: 12.02pt; margin-top: 9.90pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;">The performance of CLOs, CDOs and CBOs depends primarily upon the quality of the underlying assets and the level of </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">credit support or enhancement in the structure and the relative priority of the interest in the issuer of the CLO, CDO or CBO </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">purchased by the Fund. In general, CLOs, CDOs and CBOs are actively managed by an asset manager that is responsible for </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">evaluating and acquiring the assets that will collateralize the CLO, CDO or CBO. The asset manager may have difficulty in </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">identifying assets that satisfy the eligibility criteria for the assets and may be restricted from trading the collateral. These criteria, </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">restrictions and requirements, while reducing the overall risk to the Fund, may limit the ability of the Adviser to maximize </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">returns on the CLOs, CDOs and CBOs if an opportunity is identified by the collateral manager. In addition, other parties </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">involved in CLOs, CDOs and CBOs, such as credit enhancement providers and investors in senior obligations of the CLO, CDO </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">or CBO may have the right to control the activities and discretion of the Adviser in a manner that is adverse to the interests of </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">the Fund. A CLO, CDO or CBO generally includes provisions that alter the priority of payments if performance metrics related </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">to the underlying collateral, such as interest coverage and minimum overcollateralization, are not met.</span></div>  <div style="line-height: 12.02pt; margin-top: 10pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;">These provisions may cause delays in payments on the securities or an increase in prepayments depending on the relative </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">priority of the securities owned by the Fund. The failure of a CLO, CDO or CBO to make timely payments on a particular </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">tranche may have an adverse effect on the liquidity and market value of such tranche.</span></div>  <div style="line-height: 12.02pt; margin-top: 9.90pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;">Payments to holders of CLOs, CDOs and CBOs may be subject to deferral. If cashflows generated by the underlying </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">assets are insufficient to make all current and, if applicable, deferred payments on the CLOs, CDOs and CBOs, no other assets </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">will be available for payment of the deficiency and, following realization of the underlying assets, the obligations of the issuer to </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">pay such deficiency will be extinguished.</span></div>  <div style="line-height: 12.02pt; margin-top: 9.90pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;">The value of securities issued by CLOs, CDOs and CBOs also may change because of, among other things, changes in </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">market value; changes in the market&#8217;s perception of the creditworthiness of the servicer of the assets, the originator of an asset in </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">the pool, or the financial institution or fund providing credit support or enhancement; loan performance and prices; broader </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">market sentiment, including expectations regarding future loan defaults, liquidity conditions and supply and demand for </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">structured products.</span></div>  <div style="line-height: 12.02pt; margin-top: 9.90pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;">Section 13 of the Bank Holding Company Act of 1956, often referred to as the &#8220;Volcker Rule,&#8221; imposes restrictions on </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">banking entities&#8217; ability to sponsor or invest in certain CLOs, CDOs and CBOs. These restrictions may have an adverse effect on </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">the CLO, CDO and CBO market generally, including the availability, liquidity and value of certain CLOs, CDOs and CBOs.</span></div>  <div style="line-height: 12.02pt; margin-top: 9.90pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;">The Fund may invest in any portion of the capital structure of CLOs (including the subordinated, residual and deep </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">mezzanine debt tranches). As a result, the CLOs in which the Fund invests may have issued and sold debt tranches that will rank </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">senior to the tranches in which the Fund invests. By their terms, such more senior tranches may entitle the holders to receive </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">payment of interest or principal on or before the dates on which the Fund is entitled to receive payments with respect to the </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">tranches in which the Fund invests. Also, in the event of insolvency, liquidation, dissolution, reorganization or bankruptcy of a </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">CLO, holders of more senior tranches would typically be entitled to receive payment in full before the Fund receives any </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">distribution. After repaying such senior creditors, such CLO may not have any remaining assets to use for repaying its obligation </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">to the Fund. In the case of tranches ranking equally with the tranches in which the Fund invests, the Fund would have to share on </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">an equal basis any distributions with other creditors holding such securities in the event of an insolvency, liquidation, </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">dissolution, reorganization or bankruptcy of the relevant CLO. Therefore, the Fund may not receive back the full amount of its </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">investment in a CLO.</span></div>  <div style="line-height: 12.02pt; margin-top: 9.90pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-style: italic; margin-left: 29pt;">CLO Subordinated Notes Risk</span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">. The Fund may invest in any portion of the capital structure of CLOs (including the </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">subordinated, residual and deep mezzanine debt tranches). Investment in the subordinated tranche is subject to special risks. The </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">subordinated tranche does not receive ratings and is considered the riskiest portion of the capital structure of a CLO. The </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">subordinated tranche is junior in priority of payment to the more senior tranches of the CLO and is subject to certain payment </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">restrictions. As a result, the subordinated tranche bears the bulk of defaults from the loans in the CLO. In addition, the </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">subordinated tranche generally has only limited voting rights and generally does not benefit from any creditors&#8217; rights or ability </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">to exercise remedies under the indenture governing the CLO notes. Certain mezzanine tranches in which the Fund may invest </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">may also be subject to certain risks similar to risks associated with investment in the subordinated tranche.</span></div>  <div style="line-height: 12.02pt; margin-top: 9.90pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;">The subordinated tranche is unsecured and ranks behind all of the secured creditors, known or unknown, of the CLO </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">issuer, including the holders of the secured notes it has issued. Consequently, to the extent that the value of the issuer&#8217;s portfolio </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">of loan investments has been reduced as a result of conditions in the credit markets, defaulted loans, capital gains and losses on </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">the underlying assets, prepayment or changes in interest rates, the value of the subordinated tranche realized at redemption could </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">be reduced. If a CLO breaches certain tests set forth in the CLO&#8217;s indenture, excess cash flow that would otherwise be available </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">for distribution to the subordinated tranche investors is diverted to prepay CLO debt investors in order of seniority until such </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">time as the covenant breach is cured. If the covenant breach is not or cannot be cured, the subordinated tranche investors (and </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">potentially other investors in lower priority rated tranches) may experience a partial or total loss of their investment. </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">Accordingly, the subordinated tranche may not be paid in full and may be subject to up to 100% loss. At the time of issuance, the </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">subordinated tranche of a CLO is typically under-collateralized in that the liabilities of a CLO at inception exceed its total </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">assets.</span></div>  <div style="line-height: 12.02pt; margin-top: 10.00pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;">The leveraged nature of subordinated notes may magnify the adverse impact on the subordinated notes of changes in the </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">market value of the investments held by the issuer, changes in the distributions on those investments, defaults and recoveries on </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">those investments, capital gains and losses on those investments, prepayments on those investments and availability, prices and </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">interest rates of those investments.</span></div>  <div style="line-height: 12.02pt; margin-top: 10.00pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;">Subordinated notes are not guaranteed by another party. There can be no assurance that distributions on the assets held by </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">the CLO will be sufficient to make any distributions or that the yield on the subordinated notes will meet the Fund&#8217;s </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">expectations. Investments in the subordinated tranche of a CLO are generally less liquid than CLO debt tranches and subject to </span></div>  <div style="line-height: 12.02pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">extensive transfer restrictions, and there may be no market for subordinated notes. Therefore Fund may be required to hold </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">subordinated notes for an indefinite period of time or until their stated maturity. Certain mezzanine tranches in which the Fund </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">may invest may also be subject to certain risks similar to risks associated with investment in the subordinated tranche.</span></div> <span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_cef_RiskAxis=gsof_CommonEquitySecuritiesRiskMember', window );">Common Equity Securities Risk [Member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_cef_GeneralDescriptionOfRegistrantAbstract', window );"><strong>General Description of Registrant [Abstract]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_cef_RiskTextBlock', window );">Risk [Text Block]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text"> <div style="line-height: 12.02pt; margin-top: 9.90pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-weight: bold;">Common Equity Securities Risk</span></div>  <div style="line-height: 12.02pt; margin-top: 9.90pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;">The Fund may invest up to 50% of its total assets in Common Equity Securities. An adverse event, such as an </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">unfavorable earnings report, may depress the value of a particular common stock held by the Fund. </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">Also, the prices of equity </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">securities are sensitive to general movements in the stock market, so a drop in the stock market may depress the prices of equity </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">securities to which the Fund has exposure. Common Equity Securities&#8217; prices fluctuate for a number of reasons, including </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">changes in investors&#8217; perceptions of the financial condition of an issuer, the general condition of the relevant stock market, and </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">broader domestic and international political and economic events. The prices of Common Equity Securities may also decline due </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">to factors which affect a particular industry or industries, such as labor shortages or increased production costs and competitive </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">conditions within an industry. The value of a particular common stock held by the Fund may decline for a number of other </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">reasons which directly relate to the issuer, such as management performance, financial leverage, the issuer&#8217;s historical and </span></div>  <div style="line-height: 12.02pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">prospective earnings, the value of its assets and reduced demand for its goods and services. In addition, common stock prices </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">may be particularly sensitive to rising interest rates, as the cost of capital rises and borrowing costs increase. The prices of </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">Common Equity Securities are also sensitive to general movements in the stock market, so a drop in the stock market may </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">depress the prices of Common Equity Securities to which the Fund has exposure. At times, stock markets can be volatile and </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">stock prices can change substantially and suddenly. While broad market measures of Common Equity Securities have </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">historically generated higher average returns than Income Securities, Common Equity Securities have also experienced </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">significantly more volatility in those returns. Common Equity Securities in which the Fund may invest are structurally </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">subordinated to preferred stock, bonds and other debt instruments in a company&#8217;s capital structure in terms of priority to </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">corporate income and are therefore inherently more risky than preferred stock or debt instruments of such issuers. Dividends on </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">Common Equity Securities which the Fund may hold are not fixed but are declared at the discretion of the issuer&#8217;s board of </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">directors. There is no guarantee that the issuers of the Common Equity Securities in which the Fund invests will declare </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">dividends in the future or that, if declared, they will remain at current levels or increase over time. Equity securities have </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">experienced heightened volatility over recent periods and, therefore, the Fund's investments in equity securities are subject to </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">heightened risks related to volatility during the current environment and would likely also be subject to such risks in similar </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">market, economic and public health conditions in the future.</span></div> <span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_cef_RiskAxis=gsof_ConflictsOfInterestRiskMember', window );">Conflicts of Interest Risk [Member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_cef_GeneralDescriptionOfRegistrantAbstract', window );"><strong>General Description of Registrant [Abstract]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_cef_RiskTextBlock', window );">Risk [Text Block]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text"> <div style="line-height: 12.02pt; margin-top: 10.29pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-weight: bold;">Conflicts of Interest Risk</span></div>  <div style="line-height: 12.02pt; margin-top: 10.30pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;">Guggenheim Partners is a global asset management and investment advisory organization. Guggenheim Partners and its </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">affiliates advise clients in various markets and transactions and purchase, sell, hold and recommend a broad array of investments </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">for their own accounts and the accounts of clients and of their personnel and the relationships and products they sponsor, </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">manage and advise. </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">Accordingly, Guggenheim Partners and its affiliates may have direct and indirect interests in a variety of </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">global markets and the securities of issuers in which the Fund may directly or indirectly invest. These interests may cause the </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">Fund to be subject to regulatory limits, and in certain circumstances, these various activities may prevent the Fund from </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">participating in an investment decision.</span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; line-height: 12.02pt;"> </span></div>  <div style="line-height: 12.02pt; margin-top: 10.30pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;">An investment in the Fund is subject to a number of actual or potential conflicts of interest. For example, the Adviser and </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">its affiliates are engaged in a variety of business activities that are unrelated to managing the Fund, which may give rise to </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">actual, potential or perceived conflicts of interest in connection with making investment decisions for the Fund. As a result, </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">activities and dealings of Guggenheim Partners and its affiliates may affect the Fund in ways that may disadvantage or restrict </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">the Fund or be deemed to benefit Guggenheim Partners and its affiliates. From time to time, conflicts of interest may arise </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">between a portfolio manager&#8217;s management of the investments of the Fund on the one hand and the management of other </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">registered investment companies, pooled investment vehicles and other accounts (collectively, &#8220;other accounts&#8221;) on the other. </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">The other accounts might have similar investment objectives or strategies as the Fund or otherwise hold, purchase, or sell </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">securities that are eligible to be held, purchased or sold by the Fund. In certain circumstances, and subject to its fiduciary </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">obligations under the Advisers Act and the requirements of the 1940 Act, the Adviser may have to allocate a limited investment </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">opportunity among its clients. The other accounts might also have different investment objectives or strategies than the Fund. In </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">addition, the Fund may be limited in its ability to invest in, or hold securities of, any companies that the Adviser or its affiliates </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">(or other accounts managed by the Adviser or its affiliates) control, or companies in which the Adviser or its affiliates have </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">interests or with whom they do business. For example, affiliates of the Adviser may act as underwriter, lead agent or </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">administrative agent for loans or otherwise participate in the market for loans. Because of limitations imposed by applicable law, </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">the presence of the Adviser&#8217;s affiliates in the markets for loans may restrict the Fund&#8217;s ability to acquire some loans or affect the </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">timing or price of such acquisitions. To address these conflicts, the Fund and Guggenheim Partners and its affiliates have </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">established various policies and procedures that are reasonably designed to detect and prevent such conflicts and prevent the </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">Fund from being disadvantaged.</span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; line-height: 12.02pt;"> </span></div>  <div style="line-height: 12.02pt; margin-top: 10.29pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;">There can be no guarantee that these policies and procedures will be successful in every instance. For additional </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">information about potential conflicts of interest, and the way in which the Adviser and its affiliates address such conflicts, please </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">see &#8220;Management of the Fund&#8212;Potential Conflicts of Interest&#8221; in the SAI.</span></div> <span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_cef_RiskAxis=gsof_ConvertibleSecuritiesRiskMember', window );">Convertible Securities Risk [Member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_cef_GeneralDescriptionOfRegistrantAbstract', window );"><strong>General Description of Registrant [Abstract]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_cef_RiskTextBlock', window );">Risk [Text Block]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text"> <div style="line-height: 12.02pt; margin-top: 10.00pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-weight: bold;">Convertible Securities Risk</span></div>  <div style="line-height: 12.02pt; margin-top: 10.00pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;">Convertible securities, debt or preferred equity securities convertible into, or exchangeable for, equity securities, are </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">generally preferred stocks and other securities, including fixed-income securities and warrants that are convertible into or </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">exercisable for common stock. </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">Convertible securities generally participate in the appreciation or depreciation of the underlying </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">stock into which they are convertible, but to a lesser degree and are subject to the risks associated with debt and equity </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">securities, including interest rate, market and issuer risks. For example, if market interest rates rise, the value of a convertible </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">security usually falls. Certain convertible securities may combine higher or lower current income with options and other </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">features. Warrants are options to buy a stated number of shares of common stock at a specified price anytime during the life of </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">the warrants (generally, two or more years). Convertible securities may be lower-rated securities subject to greater levels of </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">credit risk. A convertible security may be converted before it would otherwise be most appropriate, which may have an adverse </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">effect on the Fund&#8217;s ability to achieve its investment objective.</span></div>  <div style="line-height: 12.02pt; margin-top: 10.00pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;">&#8220;Synthetic&#8221; convertible securities are selected based on the similarity of their economic characteristics to those of a </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">traditional convertible security due to the combination of separate securities that possess the two principal characteristics of a </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">traditional convertible security, i.e., an income-producing security (&#8220;income-producing component&#8221;) and the right to acquire an </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">equity security (&#8220;convertible component&#8221;). The income-producing component is achieved by investing in non-convertible, </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">income-producing securities such as bonds, preferred stocks and money market instruments, which may be represented by </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">derivative instruments.</span></div>  <div style="line-height: 12.02pt; margin-top: 10.00pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;">The convertible component is achieved by investing in securities or instruments such as warrants or options to buy </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">common stock at a certain exercise price, or options on a stock index. A simple example of a synthetic convertible security is the </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">combination of a traditional corporate bond with a warrant to purchase equity securities of the issuer of the bond. The income-producing</span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"> and convertible components of a synthetic convertible security may be issued separately by different issuers and at </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">different times.</span></div> <span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_cef_RiskAxis=gsof_CyberSecurityMarketDisruptionsAndOperationalRiskMember', window );">Cyber Security Market Disruptions and Operational Risk [Member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_cef_GeneralDescriptionOfRegistrantAbstract', window );"><strong>General Description of Registrant [Abstract]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_cef_RiskTextBlock', window );">Risk [Text Block]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text"> <div style="line-height: 12.02pt; margin-top: 9.90pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-weight: bold;">Cyber Security, Market Disruptions and Operational Risk.</span></div>  <div style="line-height: 12.02pt; margin-top: 10.00pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;">As in other parts of the economy, the Fund and its service providers, as well as exchanges and market participants </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">through or with which the Fund trades and exchanges on which its shares trade and other infrastructures and services on which </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">the Fund or its service providers rely, are susceptible to ongoing risks related to cyber incidents and the risks associated with </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">financial, economic, public health, labor and other global market developments and disruptions. </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">Cyber incidents, which can be </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">perpetrated by a variety of means, may result in actual or potential adverse consequences for critical information and </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">communications technology, systems and networks that are vital to the operations of the Fund or its service providers. A cyber </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">incident or sudden market disruption could adversely impact the Fund, its service providers or its shareholders by, among other </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">things, interfering with the processing of shareholder transactions or other operational functionality, impacting the Fund&#8217;s ability </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">to calculate its NAV or other data, causing the release of private or confidential information, impeding trading, causing </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">reputational damage, and subjecting the Fund to fines, penalties or financial losses or otherwise adversely affecting the </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">operations, systems and activities of the Fund, its service providers and market intermediaries. These types of adverse </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">consequences could also result from other operational disruptions or failures arising from, for example, processing errors, </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">human errors, and other technological issues. In each case, the Fund&#8217;s ability to calculate its NAV correctly, in a timely manner </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">or process trades or Fund transactions may be adversely affected, including over a potentially extended period. The Fund and its </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">service providers may directly bear these risks and related costs. The Fund and its service providers are continuing to experience </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">the impacts of quarantines and similar measures being enacted by governments in response to COVID-19, which have </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">obstructed the regular functioning of business workforces (including requiring employees to work from external locations and </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">their homes). Accordingly, the risks described above are heightened under current conditions.</span></div> <span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_cef_RiskAxis=gsof_DerivativesTransactionsRiskMember', window );">Derivatives Transactions Risk [Member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_cef_GeneralDescriptionOfRegistrantAbstract', window );"><strong>General Description of Registrant [Abstract]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_cef_RiskTextBlock', window );">Risk [Text Block]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text"> <div style="line-height: 12.02pt; margin-top: 9.90pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-weight: bold;">Derivatives Transactions Risk</span></div>  <div style="line-height: 12.02pt; margin-top: 9.90pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-style: italic; margin-left: 29pt;">Derivatives Transactions Risk</span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"> In General. In addition to the covered call option strategy described above, the Fund may, </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">but is not required to, utilize other derivatives, including futures contracts, swaps transactions and other strategic transactions to </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">seek to earn income, facilitate portfolio management and mitigate risks. </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">Participation in derivatives markets transactions </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">involves investment risks and transaction costs to which the Fund would not be subject absent the use of these strategies (other </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">than its covered call writing strategy). Certain derivatives transactions that involve leverage can result in losses that greatly </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">exceed the amount originally invested. Derivatives transactions utilizing instruments denominated in foreign currencies will </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">expose the Fund to foreign currency risk. Derivatives transactions involve risks of mispricing or improper valuation, and the </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">documentation governing a derivative instrument or transaction may be unfavorable or ambiguous. Derivatives transactions may </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">involve commissions and other costs, which may increase the Fund&#8217;s expenses and reduce its return. Various legislative and </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">regulatory initiatives may impact the availability, liquidity and cost of derivative instruments, limit or restrict the ability of the </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">Fund to use certain derivative instruments or transact with certain counterparties as a part of its investment strategy, increase the </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">costs of using derivative instruments or make derivative instruments less effective. In connection with certain derivatives </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">transactions, under current regulatory requirements, to the extent the terms of any such transaction obligate the Fund to make </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">payments, the Fund may be required to segregate liquid assets or otherwise cover such transactions. The Fund also may be </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">required to deposit amounts as premiums or to be held in margin accounts. Such amounts may not otherwise be available to the </span></div>  <div style="line-height: 12.02pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">Fund for investment purposes. The Fund may earn a lower return on its portfolio than it might otherwise earn if it did not have to </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">segregate assets in respect of, or otherwise cover, its derivatives transactions positions. To the extent the Fund&#8217;s assets are </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">segregated or committed as cover, it could limit the Fund&#8217;s investment flexibility. Segregating assets and covering positions will </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">not limit or offset losses on related positions. Participation in derivatives market transactions involves investment risks and </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">transaction costs to which the Fund would not be subject absent the use of these strategies. </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">The skills necessary to successfully </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">execute derivatives strategies may be different from those for more traditional portfolio management techniques, and if the Sub-Adviser</span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"> is incorrect about its expectations of market conditions, the use of derivatives could also result in a loss, which in some </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">cases may be unlimited. Additional risks inherent in the use of derivatives include:</span></div>  <div> <div style="clear: both; margin-top: 9.70pt; position: relative; width: 100%;"> <div style="float: left; line-height: 12.02pt; text-align: left; width: 3.51pt;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">&#8226;</span></div> <div style="float: left; line-height: 12.02pt; margin-left: 25.49pt; text-align: justify; width: 482.00pt;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">dependence on the Sub-Adviser&#8217;s ability to predict correctly movements in the direction of interest rates and securities </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">prices;</span></div> </div> <div style="clear: both; position: relative;"/> </div>  <div> <div style="clear: both; margin-top: 9.71pt; position: relative; width: 100%;"> <div style="float: left; line-height: 12.02pt; text-align: left; width: 3.51pt;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">&#8226;</span></div> <div style="float: left; line-height: 12.02pt; margin-left: 25.49pt; text-align: left; width: 482.00pt;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">imperfect correlation between the price of derivatives and movements in the prices of the securities being hedged;</span></div> </div> <div style="clear: both; position: relative;"/> </div>  <div> <div style="clear: both; margin-top: 9.70pt; position: relative; width: 100%;"> <div style="float: left; line-height: 12.02pt; text-align: left; width: 3.51pt;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">&#8226;</span></div> <div style="float: left; line-height: 12.02pt; margin-left: 25.49pt; text-align: left; width: 482.00pt;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">the fact that skills needed to use these strategies are different from those needed to select portfolio securities;</span></div> </div> <div style="clear: both; position: relative;"/> </div>  <div> <div style="clear: both; margin-top: 9.70pt; position: relative; width: 100%;"> <div style="float: left; line-height: 12.02pt; text-align: left; width: 3.51pt;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">&#8226;</span></div> <div style="float: left; line-height: 12.02pt; margin-left: 25.49pt; text-align: left; width: 482.00pt;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">the possible absence of a liquid secondary market for any particular instrument at any time;</span></div> </div> <div style="clear: both; position: relative;"/> </div>  <div> <div style="clear: both; margin-top: 9.70pt; position: relative; width: 100%;"> <div style="float: left; line-height: 12.02pt; text-align: left; width: 3.51pt;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">&#8226;</span></div> <div style="float: left; line-height: 12.02pt; margin-left: 25.49pt; text-align: left; width: 482.00pt;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">the possible need to defer closing out certain hedged positions to avoid adverse tax consequences;</span></div> </div> <div style="clear: both; position: relative;"/> </div>  <div> <div style="clear: both; margin-top: 9.70pt; position: relative; width: 100%;"> <div style="float: left; line-height: 12.02pt; text-align: left; width: 3.51pt;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">&#8226;</span></div> <div style="float: left; line-height: 12.02pt; margin-left: 25.49pt; text-align: justify; width: 482.00pt;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">the possible inability of the Fund to purchase or sell a security at a time that otherwise would be favorable for it to do so, </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">or the possible need for the Fund to sell a security at a disadvantageous time due to a need for the Fund to maintain </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">&#8220;cover&#8221; or to segregate securities in connection with the hedging techniques; and</span></div> </div> <div style="clear: both; position: relative;"/> </div>  <div> <div style="clear: both; margin-top: 9.70pt; position: relative; width: 100%;"> <div style="float: left; line-height: 12.02pt; text-align: left; width: 3.51pt;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">&#8226;</span></div> <div style="float: left; line-height: 12.02pt; margin-left: 25.49pt; text-align: left; width: 482.00pt;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">the creditworthiness of counterparties.</span></div> </div> <div style="clear: both; position: relative;"/> </div>  <div style="line-height: 12.02pt; margin-top: 9.70pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-style: italic; margin-left: 29pt;">Futures Transactions Risk</span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">. The Fund may invest in futures contracts and options on futures contracts. Futures and options </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">on futures entail certain risks, including but not limited to the following:</span></div>  <div> <div style="clear: both; margin-top: 9.70pt; position: relative; width: 100%;"> <div style="float: left; line-height: 12.02pt; text-align: left; width: 3.51pt;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">&#8226;</span></div> <div style="float: left; line-height: 12.02pt; margin-left: 25.49pt; text-align: left; width: 482.00pt;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">no assurance that futures contracts or options on futures can be offset at favorable prices;</span></div> </div> <div style="clear: both; position: relative;"/> </div>  <div> <div style="clear: both; margin-top: 9.70pt; position: relative; width: 100%;"> <div style="float: left; line-height: 12.02pt; text-align: left; width: 3.51pt;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">&#8226;</span></div> <div style="float: left; line-height: 12.02pt; margin-left: 25.49pt; text-align: left; width: 482.00pt;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">possible reduction of the return of the Fund due to their use for hedging;</span></div> </div> <div style="clear: both; position: relative;"/> </div>  <div> <div style="clear: both; margin-top: 9.71pt; position: relative; width: 100%;"> <div style="float: left; line-height: 12.02pt; text-align: left; width: 3.51pt;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">&#8226;</span></div> <div style="float: left; line-height: 12.02pt; margin-left: 25.49pt; text-align: left; width: 482.00pt;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">possible reduction in value of both the securities hedged and the hedging instrument;</span></div> </div> <div style="clear: both; position: relative;"/> </div>  <div> <div style="clear: both; margin-top: 9.70pt; position: relative; width: 100%;"> <div style="float: left; line-height: 12.02pt; text-align: left; width: 3.51pt;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">&#8226;</span></div> <div style="float: left; line-height: 12.02pt; margin-left: 25.49pt; text-align: justify; width: 482.00pt;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">possible lack of liquidity, trading restrictions or limitations that may be imposed by an exchange, and the potential that </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">government regulations may restrict trading</span></div> </div> <div style="clear: both; position: relative;"/> </div>  <div> <div style="clear: both; margin-top: 9.70pt; position: relative; width: 100%;"> <div style="float: left; line-height: 12.02pt; text-align: left; width: 3.51pt;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">&#8226;</span></div> <div style="float: left; line-height: 12.02pt; margin-left: 25.49pt; text-align: left; width: 482.00pt;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">imperfect correlation between the contracts and the securities being hedged; and</span></div> </div> <div style="clear: both; position: relative;"/> </div>  <div> <div style="clear: both; margin-top: 9.70pt; position: relative; width: 100%;"> <div style="float: left; line-height: 12.02pt; text-align: left; width: 3.51pt;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">&#8226;</span></div> <div style="float: left; line-height: 12.02pt; margin-left: 25.49pt; text-align: justify; width: 482.00pt;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">losses from investing in futures transactions that are potentially unlimited and the segregation requirements for such </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">transactions.</span></div> </div> <div style="clear: both; position: relative;"/> </div>  <div style="line-height: 12.02pt; margin-top: 9.70pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;">Under current regulatory requirements, with respect to futures contracts that are not contractually required to &#8220;cash-settle,&#8221;</span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"> the Fund usually must cover its open positions by earmarking or segregating on its records cash or liquid assets equal to </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">the contract&#8217;s notional value. For futures contracts that are &#8220;cash-settled,&#8221; however, the Fund is permitted to earmark or segregate </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">cash or liquid assets in an amount equal to the Fund&#8217;s next daily marked-to-market (net) obligation, if any (i.e., the Fund&#8217;s daily </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">net liability) rather than the notional value. By earmarking or designating assets equal to only its net obligation under cash-settled</span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"> futures, the Fund will have the ability to employ leverage to a greater extent than if the Fund were required to earmark or </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">segregate assets equal to the full notional value of such contracts. However, as described above, the SEC adopted a final rule </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">related to the use of derivatives, reverse repurchase agreements and certain other transactions by registered investment </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">companies that will rescind and withdraw the guidance of the SEC and its staff regarding asset segregation and coverage </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">transactions reflected in the Fund&#8217;s asset segregation and cover practices discussed herein.</span></div>  <div style="line-height: 12.02pt; margin-top: 9.81pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-style: italic; margin-left: 29pt;">Counterparty Risk</span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">. Counterparty risk is the risk that a counterparty to a Fund transaction (e.g., prime brokerage or </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">securities lending arrangement or derivatives transaction) will be unable or unwilling to perform its contractual obligation to the </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">Fund. The Fund is exposed to credit risks that the counterparty may be unwilling or unable to make timely payments or </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">otherwise meet its contractual obligations. If the counterparty becomes bankrupt or defaults on (or otherwise becomes unable or </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">unwilling to perform) its payment or other obligations to the Fund, the Fund may not receive the full amount that it is entitled to </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">receive or may experience delays in recovering the collateral or other assets held by, or on behalf of, the counterparty. If this </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">occurs, or if exercising contractual rights involves delays or costs for the Fund, the value of your shares in the Fund may </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">decrease.</span></div>  <div style="line-height: 12.02pt; margin-top: 10pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;">The Fund bears the risk that counterparties may be adversely affected by legislative or regulatory changes, adverse </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">market conditions (such as the current conditions), increased competition, and/or wide scale credit losses resulting from </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">financial difficulties of the counterparties&#8217; other trading partners or borrowers.</span></div>  <div style="line-height: 12.02pt; margin-top: 9.80pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;">The counterparty risk for cleared derivatives is generally lower than for uncleared OTC derivatives transactions since </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">generally a clearing organization becomes substituted for each counterparty to a cleared derivative contract and, in effect, </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">guarantees the parties&#8217; performance under the contract as each party to a trade looks only to the clearing organization for </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">performance of financial obligations under the derivative contract. However, there can be no assurance that a clearing </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">organization, or its members, will satisfy its obligations to the Fund.</span></div>  <div style="line-height: 12.02pt; margin-top: 9.80pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-style: italic; margin-left: 29pt;">Risks Associated with Swaps</span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">. The Fund may enter into swap transactions, including credit default swaps, total return </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">swaps, index swaps, currency swaps, commodity swaps and interest rate swaps, as well as options thereon, and may purchase or </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">sell interest rate caps, floors and collars. The Fund may utilize swap agreements in an attempt to gain exposure to certain </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">securities without purchasing those securities, which is speculative, or to hedge a position.</span></div>  <div style="line-height: 12.02pt; margin-top: 9.90pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;">Risks associated with the use of swap agreements are different from those associated with ordinary portfolio securities </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">transactions, largely due to the fact they could be considered illiquid and many swaps currently trade on the OTC market. If the </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">Sub-Adviser is incorrect in its forecasts of market values, interest rates or currency exchange rates, the investment performance </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">of the Fund may be less favorable than it would have been if these investment techniques were not used. Such transactions are </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">subject to market risk, risk of default by the other party to the transaction and risk of imperfect correlation between the value of </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">such instruments and the underlying assets and may involve commissions or other costs. Swaps generally do not involve the </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">delivery of securities, other underlying assets or principal. Accordingly, the risk of loss with respect to swaps generally is limited </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">to the net amount of payments that the Fund is contractually obligated to make, or in the case of the other party to a swap </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">defaulting, the net amount of payments that the Fund is contractually entitled to receive. Swaps are subject to valuation, liquidity </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">and leveraging risks and could result in substantial losses to the Fund.</span></div>  <div style="line-height: 12.02pt; margin-top: 9.90pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;">Swaps may effectively add leverage to the Fund&#8217;s portfolio because the Fund would be subject to investment exposure on </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">the full notional amount of the swap. Swaps are subject to the risk that a counterparty will default on its payment obligations to </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">the Fund thereunder.</span></div>  <div style="line-height: 12.02pt; margin-top: 9.90pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;">When the Fund acts as a seller of a credit default swap agreement with respect to a debt security, it is subject to the risk </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">that an adverse credit event may occur with respect to the issuer of the debt security and the Fund may be required to pay the </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">buyer the full notional value of the debt security under the swap net of any amounts owed to the Fund by the buyer under the </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">swap (such as the buyer&#8217;s obligation to deliver the debt security to the Fund). As a result, the Fund bears the entire risk of loss </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">due to a decline in value of a referenced debt security on a credit default swap it has sold if there is a credit event with respect to </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">the issuer of the security. If the Fund is a buyer of a credit default swap and no credit event occurs, the Fund may recover </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">nothing if the swap is held through its termination date. However, if a credit event occurs, the Fund generally may elect to </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">receive the full notional value of the swap in exchange for an equal face amount of deliverable obligations of the reference entity </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">whose value may have significantly decreased.</span></div>  <div style="line-height: 12.02pt; margin-top: 9.90pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;">The swap market has become more standardized in recent years with a large number of banks and investment banking </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">firms acting both as principals and as agents utilizing standardized swap documentation. As a result, some swaps have become </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">relatively liquid. Although the swap market has become liquid, certain types of derivatives products, such as caps, floors and </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">collars may be less liquid than swaps in general.</span></div>  <div style="line-height: 12.02pt; margin-top: 9.90pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;">Certain standardized swaps are subject to mandatory exchange-trading and/or central clearing. Exchange-trading and </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">central clearing are expected to reduce counterparty credit risk and increase liquidity, but exchange-trading and central clearing </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">do not make swap transactions risk-free. The Dodd-Frank Wall Street Reform and Consumer Protection Act (the &#8220;Dodd-Frank </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">Act&#8221;) and related regulatory developments require the clearing and exchange-trading of certain OTC derivative instruments that </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">the CFTC and SEC have defined as &#8220;swaps.&#8221; Mandatory exchange-trading and clearing are occurring on a phased-in basis based </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">on CFTC approval of contracts for central clearing. Depending on the Fund&#8217;s size and other factors, the margin required under </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">the rules of the clearinghouse and by the clearing member may be in excess of the collateral required to be posted by the Fund to </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">support its obligations under a similar bilateral swap. In addition, regulators have developed rules that require trading and </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">execution of the most liquid swaps on trading facilities. Moving trading to an exchange-type system may increase market </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">transparency and liquidity but may require the Fund to incur increased expenses to access the same types of cleared and </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">uncleared swaps. In addition, the CFTC and other applicable regulators have adopted rules imposing certain margin </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">requirements, including minimums, on uncleared swaps which may result in the Fund and its counterparties posting higher </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">margin amounts for uncleared swaps. Recently adopted rules also require centralized reporting of detailed information about </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">many types of cleared and uncleared swaps. Reporting of swap data may result in greater market transparency, but may subject </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">the Fund to additional administrative burdens and the safeguards established to protect trader anonymity may not function as </span></div>  <div style="line-height: 12.02pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">expected. The Sub-Adviser will continue to monitor developments in this area, particularly to the extent regulatory changes </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">affect the ability of the Fund to enter into swap agreements. In addition, the CFTC in October 2020 adopted amendments to its </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">position limits rules that establish certain new and amended position limits for 25 specified physical commodity futures and </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">related options contracts traded on exchanges, other futures contracts and related options directly or indirectly linked to such 25 </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">specified contracts, and any OTC transactions that are economically equivalent to the 25 specified contracts.</span></div>  <div style="line-height: 12.02pt; margin-top: 10.30pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;">Further regulatory developments in the swap market may adversely impact the swap market generally or the Fund&#8217;s </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">ability to use swaps.</span></div> <span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_cef_RiskAxis=gsof_DilutionRiskMember', window );">Dilution Risk [Member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_cef_GeneralDescriptionOfRegistrantAbstract', window );"><strong>General Description of Registrant [Abstract]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_cef_RiskTextBlock', window );">Risk [Text Block]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text"> <div style="line-height: 12.02pt; margin-top: 10.00pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-weight: bold;">Dilution Risk</span></div>  <div style="line-height: 12.02pt; margin-top: 10.00pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;">The voting power of current Common Shareholders will be diluted to the extent that current Common Shareholders do </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">not purchase Common Shares in any future offerings of Common Shares or do not purchase sufficient Common Shares to </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">maintain their percentage interest. </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">If the Fund is unable to invest the proceeds of such offering as intended, the Fund&#8217;s per </span></div>  <div style="line-height: 12.02pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">Common Share distribution may decrease and the Fund may not participate in market advances to the same extent as if such </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">proceeds were fully invested as planned. If the Fund sells Common Shares at a price below net asset value pursuant to the </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">consent of Common Shareholders, shareholders will experience a dilution of the aggregate net asset value per Common Share </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">because the sale price will be less than the Fund&#8217;s then-current net asset value per Common Share. Similarly, were the expenses </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">of the offering to exceed the amount by which the sale price exceeded the Fund&#8217;s then current net asset value per Common </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">Share, shareholders would experience a dilution of the aggregate net asset value per Common Share. This dilution will be </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">experienced by all shareholders, irrespective of whether they purchase Common Shares in any such offering. See &#8220;Description </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">of Capital Structure&#8212;Common Shares&#8212;Issuance of Additional Common Shares.&#8221;</span></div> <span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_cef_RiskAxis=gsof_DistressedAndDefaultedSecuritiesRiskMember', window );">Distressed and Defaulted Securities Risk [Member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_cef_GeneralDescriptionOfRegistrantAbstract', window );"><strong>General Description of Registrant [Abstract]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_cef_RiskTextBlock', window );">Risk [Text Block]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text"> <div style="line-height: 12.02pt; margin-top: 10.00pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-weight: bold;">Distressed and Defaulted Securities Risk</span></div>  <div style="line-height: 12.02pt; margin-top: 10.00pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;">Investments in the securities of financially distressed issuers involve substantial risks. These securities may present a </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">substantial risk of default or may be in default at the time of investment. The Fund may incur additional expenses to the extent it </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">is required to seek recovery upon a default in the payment of principal or interest on its portfolio holdings. </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">In any reorganization </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">or liquidation proceeding relating to a portfolio company, the Fund may lose its entire investment or may be required to accept </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">cash or securities with a value less than its original investment. Among the risks inherent in investments in a troubled entity is </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">the fact that it frequently may be difficult to obtain information as to the true financial condition of such issuer. The Adviser&#8217;s </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">judgment about the credit quality of the issuer and the relative value and liquidity of its securities may prove to be wrong.</span></div> <span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_cef_RiskAxis=gsof_NotACompleteInvestmentProgramMember', window );">Not a Complete Investment Program [Member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_cef_GeneralDescriptionOfRegistrantAbstract', window );"><strong>General Description of Registrant [Abstract]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_cef_RiskTextBlock', window );">Risk [Text Block]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text"> <div style="line-height: 12.02pt; margin-top: 9.80pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-weight: bold;">Not a Complete Investment Program</span></div>  <div style="line-height: 12.02pt; margin-top: 9.80pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;">An investment in the Common Shares of the Fund should not be considered a complete investment program. The Fund is </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">intended for long-term investors seeking current income and capital appreciation. An investment in the Fund is not meant to </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">provide a vehicle for those who wish to play short-term swings in the market. Each Common Shareholder should take into </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">account the Fund&#8217;s investment objective as well as the Common Shareholder&#8217;s other investments when considering an investment </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">in the Fund. Before making an investment decision, a prospective investor should consider (i) the suitability of this investment </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">with respect to his or her investment objectives and personal situation and (ii) factors such as his or her personal net worth, </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">income, age, risk tolerance and liquidity needs.</span></div> <span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_cef_RiskAxis=gsof_InvestmentAndMarketRiskMember', window );">Investment and Market Risk [Member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_cef_GeneralDescriptionOfRegistrantAbstract', window );"><strong>General Description of Registrant [Abstract]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_cef_RiskTextBlock', window );">Risk [Text Block]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text"> <div style="line-height: 12.02pt; margin-top: 9.90pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-weight: bold;">Investment and Market Risk</span></div>  <div style="line-height: 12.02pt; margin-top: 9.90pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;">An investment in the Common Shares of the Fund is subject to investment risk, particularly under current economic, </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">financial, labor and health conditions, including the possible loss of the entire principal amount that you invest. </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">The global </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">ongoing crisis caused by the outbreak of COVID-19 and the current recovery underway is causing disruption to consumer </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">demand and economic output and supply chains. There are still travel restrictions and quarantines, and adverse impacts on local </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">and global economies. Investors should be aware that in light of the current uncertainty, volatility and distress in economies, </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">financial markets, and labor and public health conditions around the world, the Fund&#8217;s investments and a shareholder&#8217;s </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">investment in the Fund are subject to sudden and substantial losses, increased volatility and other adverse events. Firms through </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">which investors invest with the Fund, the Fund, its service providers, the markets in which it invests and market intermediaries </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">are also impacted by and similar measures intended to respond to and contain the ongoing pandemic, which can obstruct their </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">functioning and subject them to heightened operational and other risks. It is unknown how long current circumstances will </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">persist, whether they will reoccur in the future and whether efforts to support the economy and financial markets will be </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">successful.</span></div>  <div style="line-height: 12.02pt; margin-top: 9.90pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;">An investment in the Common Shares of the Fund represents an indirect investment in the securities owned by the Fund. </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">The value of, or income generated by, the investments held by the Fund are subject to the possibility of rapid and unpredictable </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">fluctuation. These movements may result from factors affecting individual companies, or from broader influences, including real </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">or perceived changes in prevailing interest rates, changes in inflation or expectations about inflation, investor confidence or </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">economic, political, social or financial market conditions, natural/environmental disasters, , cyber-attacks, terrorism, </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">governmental or quasi-governmental actions, public health emergencies (such as the spread of infectious diseases, pandemics </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">and epidemics) and other similar events, that each of which may be temporary or last for extended periods. For example, the </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">risks of a borrower&#8217;s default or bankruptcy or non-payment of scheduled interest or principal payments from senior floating rate </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">interests held by the Fund are especially acute under these conditions. Furthermore, interest rates and bond yields may fall as a </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">result of types of events, including responses by governmental entities to such events, which would magnify the Fund&#8217;s fixed-income</span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"> instruments&#8217; susceptibility to interest rate risk and diminish their yield and performance. Moreover, the Fund&#8217;s </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">investments in ABS are subject to many of the same risks that are applicable to investments in securities generally, including </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">interest rate risk, credit risk, foreign currency risk, below-investment grade securities risk, financial leverage risk, prepayment </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">and regulatory risk, which would be elevated under the foregoing circumstances.</span></div>  <div style="line-height: 12.02pt; margin-top: 9.90pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;">Different sectors, industries and security types may react differently to such developments and, when the market performs </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">well, there is no assurance that the Fund&#8217;s investments will increase in value along with the broader markets. Volatility of </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">financial markets, including potentially extreme volatility caused by the events described above or other events, can expose the </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">Fund to greater market risk than normal, possibly resulting in greatly reduced liquidity. Moreover, changing economic, political, </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">social or financial market conditions in one country or geographic region could adversely affect the value, yield and return of </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">the investments held by the Fund in a different country or geographic region because of the increasingly interconnected global </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">economies and financial markets. The Adviser potentially could be prevented from considering, managing and executing </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">investment decisions at an advantageous time or price or at all as a result of any domestic or global market or other disruptions, </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">particularly disruptions causing heightened market volatility and reduced market liquidity, such as the current conditions, which </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">have also resulted in impediments to the normal functioning of workforces, including personnel and systems of the Fund&#8217;s </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">service providers and market intermediaries. The value of the securities owned by the Fund may decline due to general market </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">conditions that are not specifically related to a particular issuer, such as real or perceived economic conditions, changes in </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">interest or currency rates or changes in investor sentiment or market outlook generally.</span></div>  <div style="line-height: 12.02pt; margin-top: 9.90pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;">At any point in time, your Common Shares may be worth less than your original investment, including the reinvestment </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">of Fund dividends and distributions.</span></div> <span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_cef_RiskAxis=gsof_ManagementRiskMember', window );">Management Risk [Member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_cef_GeneralDescriptionOfRegistrantAbstract', window );"><strong>General Description of Registrant [Abstract]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_cef_RiskTextBlock', window );">Risk [Text Block]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text"> <div style="line-height: 12.02pt; margin-top: 10pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-weight: bold;">Management Risk</span></div>  <div style="line-height: 12.02pt; margin-top: 10.30pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;">The Fund is subject to management risk because it has an actively managed portfolio. The Sub-Adviser will apply </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">investment techniques and risk analysis in making investment decisions for the Fund, but there can be no guarantee that these </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">will produce the desired results. The Fund&#8217;s allocation of its investments across various asset classes and sectors may vary </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">significantly over time based on the Adviser&#8217;s analysis and judgment. As a result, the particular risks most relevant to an </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">investment in the Fund, as well as the overall risk profile of the Fund&#8217;s portfolio, may vary over time.</span></div> <span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_cef_RiskAxis=gsof_IncomeRiskMember', window );">Income Risk [Member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_cef_GeneralDescriptionOfRegistrantAbstract', window );"><strong>General Description of Registrant [Abstract]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_cef_RiskTextBlock', window );">Risk [Text Block]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text"> <div style="line-height: 12.02pt; margin-top: 10.30pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-weight: bold;">Income Risk</span></div>  <div style="line-height: 12.02pt; margin-top: 10.30pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;">The income investors receive from the Fund is based primarily on the interest it earns from its investments in Income </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">Securities, which can vary widely over the short- and long-term. If prevailing market interest rates drop, investors&#8217; income from </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">the Fund could drop as well. The Fund&#8217;s income could also be affected adversely when prevailing short-term interest rates </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">increase and the Fund is utilizing leverage, although this risk is mitigated to the extent the Fund invests in floating-rate </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">obligations.</span></div> <span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_cef_RiskAxis=gsof_DividendRiskMember', window );">Dividend Risk [Member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_cef_GeneralDescriptionOfRegistrantAbstract', window );"><strong>General Description of Registrant [Abstract]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_cef_RiskTextBlock', window );">Risk [Text Block]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text"> <div style="line-height: 12.02pt; margin-top: 10.30pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-weight: bold;">Dividend Risk</span></div>  <div style="line-height: 12.02pt; margin-top: 10.30pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;">Dividends on common stock and other Common Equity Securities which the Fund may hold are not fixed but are </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">declared at the discretion of an issuer&#8217;s board of directors. There is no guarantee that the issuers of the Common Equity </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">Securities in which the Fund invests will declare dividends in the future or that, if declared, they will remain at current levels or </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">increase over time. </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">Therefore, there is the possibility that such companies could reduce or eliminate the payment of dividends in </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">the future or the anticipated acceleration of dividends could not occur as a result of, among other things, a sharp rise in interest </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">rates or an economic downturn. Changes in the dividend policies of companies and capital resources available for these </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">companies&#8217; dividend payments may adversely affect the Fund. Depending upon market conditions, dividend-paying stocks that </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">meet the Fund&#8217;s investment criteria may not be widely available and/or may be highly concentrated in only a few market sectors. </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">These circumstances may result from issuer-specific events, adverse economic or market developments, or legislative or </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">regulatory changes or other developments that limit an issuer&#8217;s ability to declare and pay dividends, which would affect the </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">Fund&#8217;s performance and ability to generate income. The dividend income from the Fund&#8217;s investment in Common Equity </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">Securities will be influenced by both general economic activity and issuer-specific factors. In the event of adverse changes in </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">economic conditions or adverse events effecting a specific industry or issuer, the issuers of the Common Equity Securities held </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">by the Fund may reduce the dividends paid on such securities.</span></div> <span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_cef_RiskAxis=gsof_IncomeSecuritiesRiskMember', window );">Income Securities Risk [Member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_cef_GeneralDescriptionOfRegistrantAbstract', window );"><strong>General Description of Registrant [Abstract]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_cef_RiskTextBlock', window );">Risk [Text Block]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text"> <div style="line-height: 12.02pt; margin-top: 10.30pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-weight: bold;">Income Securities Risk</span></div>  <div style="line-height: 12.02pt; margin-top: 10.30pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;">In addition to the risks discussed above, Income Securities, including high-yield bonds, are subject to certain risks, </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">including:</span></div>  <div style="line-height: 12.02pt; margin-top: 10.30pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-style: italic; margin-left: 29pt;">Issuer Risk</span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">. The value of Income Securities may decline for a number of reasons which directly relate to the issuer, such </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">as management performance, financial leverage, reduced demand for the issuer&#8217;s goods and services, historical and projected </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">earnings, and the value of its assets.</span></div>  <div style="line-height: 12.02pt; margin-top: 10.30pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-style: italic; margin-left: 29pt;">Spread Risk</span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">. Spread risk is the risk that the market price can change due to broad based movements in spreads, which is </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">particularly relevant in the current low spread environment.</span></div>  <div style="line-height: 12.02pt; margin-top: 10.30pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-style: italic;">Credit Risk</span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">. The Fund could lose money if the issuer or guarantor of a debt instrument or a counterparty to a derivatives </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">transaction or other transaction (such as a repurchase agreement or a loan of portfolio securities or other instruments) is unable </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">or unwilling, or perceived to be unable or unwilling, to pay interest or repay principal on time or defaults. If an issuer fails to pay </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">interest, the Fund&#8217;s income would likely be reduced, and if an issuer fails to repay principal, the value of the instrument likely </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">would fall and the Fund could lose money. This risk is especially acute with respect to below investment grade debt instruments </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">(commonly referred to as &#8220;high-yield&#8221; or &#8220;junk&#8221; bonds) and unrated high risk debt instruments, whose issuers are particularly </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">susceptible to fail to meet principal or interest obligations under current conditions. Also, the issuer, guarantor or counterparty </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">may suffer adverse changes in its financial condition or be adversely affected by economic, political or social conditions that </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">could lower the credit quality (or the market&#8217;s perception of the credit quality) of the issuer or instrument, leading to greater </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">volatility in the price of the instrument and in shares of the Fund. Although credit quality may not accurately reflect the true </span></div>  <div style="line-height: 12.02pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">credit risk of an instrument, a change in the credit quality rating of an instrument or an issuer can have a rapid, adverse effect on </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">the instrument&#8217;s liquidity and make it more difficult for the Fund to sell at an advantageous price or time. The risk of the </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">occurrence of these types of events is heightened under current conditions.</span></div>  <div style="line-height: 12.02pt; margin-top: 9.61pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;">The degree of credit risk depends on the particular instrument and the financial condition of the issuer, guarantor or </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">counterparty, which are often reflected in its credit quality. Credit quality is a measure of the issuer&#8217;s expected ability to make all </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">required interest and principal payments in a timely manner. An issuer with the highest credit rating has a very strong capacity </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">with respect to making all payments. An issuer with the second-highest credit rating has a strong capacity to make all payments, </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">but the degree of safety is somewhat less. An issuer with the lowest credit quality rating may be in default or have extremely </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">poor prospects of making timely payment of interest and principal. Credit ratings assigned by rating agencies are based on a </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">number of factors and subjective judgments and therefore do not necessarily represent an issuer&#8217;s actual financial condition or </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">the volatility or liquidity of the security. Although higher-rated securities generally present lower credit risk as compared to </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">lower-rated or unrated securities, an issuer with a high credit rating may in fact be exposed to heightened levels of credit or </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">liquidity risk.</span></div>  <div style="line-height: 12.02pt; margin-top: 9.60pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;">In addition, during recent conditions, many issuers have been unprofitable, have had little cash on hand and/or unable to </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">pay the interest owed on their debt obligations and the number of such issuers may increase if demand for their goods and </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">services falls, borrowing costs rise due to governmental action or inaction or for other reasons. Also, the issuer, guarantor or </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">counterparty may suffer adverse changes in its financial condition or reduced demand for its goods and services or be adversely </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">affected by economic, political, public health or social conditions that could lower the credit quality (or the market&#8217;s perception </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">of the credit quality) of the issuer or instrument, leading to greater volatility in the price of the instrument and in shares of the </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">Fund.</span></div>  <div style="line-height: 12.02pt; margin-top: 9.60pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;">If an issuer, guarantor or counterparty declares bankruptcy or is declared bankrupt, the Fund would likely be adversely </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">affected in its ability to receive principal or interest owed or otherwise to enforce the financial obligations of the other party. The </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">Fund may be subject to increased costs associated with the bankruptcy process and experience losses as a result of the </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">deterioration of the financial condition of the issuer, guarantor or counterparty. The risks to the Fund related to such </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">bankruptcies are elevated given the currently distressed economic, market, labor and public health conditions and would likely </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">be elevated under similar circumstances in the future.</span></div>  <div style="line-height: 12.02pt; margin-top: 9.70pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-style: italic; margin-left: 29pt;">Interest Rate Risk</span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">. Fixed-income and other debt instruments are subject to the possibility that interest rates could change </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">(or are expected to change). Changes in interest rates, including changes in reference rates used in fixed-income and other debt </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">instruments (such as LIBOR), may adversely affect the Fund&#8217;s investments in these instruments, such as the value or liquidity of, </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">and income generated by, the investments. In addition, changes in interest rates, including rates that fall below zero, can have </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">unpredictable effects on markets and can adversely affect the Fund&#8217;s yield, income and performance.</span></div>  <div style="line-height: 12.02pt; margin-top: 9.70pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;">The value of a debt instrument with a longer duration will generally be more sensitive to interest rate changes than a </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">similar instrument with a shorter duration. Similarly, the longer the average duration (whether positive or negative) of these </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">instruments held by the Fund or to which the Fund is exposed (i.e., the longer the average portfolio duration of the Fund), the </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">more the Fund&#8217;s NAV will likely fluctuate in response to interest rate changes. Duration is a measure used to determine the </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">sensitivity of a security&#8217;s price to changes in interest rates that incorporates a security&#8217;s yield, coupon, final maturity and call </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">features, among other characteristics. For example, the NAV per share of a bond fund with an average duration of eight years </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">would be expected to fall approximately 8% if interest rates rose by one percentage point.</span></div>  <div style="line-height: 12.02pt; margin-top: 9.70pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;">However, measures such as duration may not accurately reflect the true interest rate sensitivity of instruments held by the </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">Fund and, in turn, the Fund&#8217;s susceptibility to changes in interest rates. Certain fixed-income and debt instruments are subject to </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">the risk that the issuer may exercise its right to redeem (or call) the instrument earlier than anticipated. Although an issuer may </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">call an instrument for a variety of reasons, if an issuer does so during a time of declining interest rates, the Fund might have to </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">reinvest the proceeds in an investment offering a lower yield or other less favorable features, and therefore might not benefit </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">from any increase in value as a result of declining interest rates. Interest only or principal only securities and inverse floaters are </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">particularly sensitive to changes in interest rates, which may impact the income generated by the security and other features of </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">the security.</span></div>  <div style="line-height: 12.02pt; margin-top: 9.71pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;">Adjustable rate securities also react to interest rate changes in a similar manner as fixed-rate securities but generally to a </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">lesser degree depending on the characteristics of the security, in particular its reset terms (i.e., the index chosen, frequency of </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">reset and reset caps or floors). During periods of rising interest rates, because changes in interest rates on adjustable rate </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">securities may lag behind changes in market rates, the value of such securities may decline until their interest rates reset to </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">market rates. These securities also may be subject to limits on the maximum increase in interest rates. During periods of </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">declining interest rates, because the interest rates on adjustable rate securities generally reset downward, their market value is </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">unlikely to rise to the same extent as the value of comparable fixed rate securities. These securities may not be subject to limits </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">on downward adjustments of interest rates.</span></div>  <div style="line-height: 12.02pt; margin-top: 10pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;">During periods of rising interest rates, issuers of debt securities or asset-backed securities may pay principal later or more </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">slowly than expected, which may reduce the value of the Fund&#8217;s investment in such securities and may prevent the Fund from </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">receiving higher interest rates on proceeds reinvested in other instruments. During periods of falling interest rates, issuers of </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">debt securities or asset-backed securities may pay off debts more quickly or earlier than expected, which could cause the Fund to </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">be unable to recoup the full amount of its initial investment and/or cause the Fund to reinvest in lower-yielding securities, </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">thereby reducing the Fund&#8217;s yield or otherwise adversely impacting the Fund.</span></div>  <div style="line-height: 12.02pt; margin-top: 9.80pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;">Certain debt instruments, such as instruments with a negative duration or inverse instruments, are also subject to interest </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">rate risk, although such instruments generally react differently to changes in interest rates than instruments with positive </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">durations. The Fund&#8217;s investments in these instruments also may be adversely affected by changes in interest rates. For example, </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">the value of instruments with negative durations, such as inverse floaters, generally decrease if interest rates decline.</span></div>  <div style="line-height: 12.02pt; margin-top: 9.90pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;">The Fund&#8217;s use of leverage will tend to increase Common Share interest rate risk. The Fund may utilize certain strategies, </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">including taking positions in futures or interest rate swaps, for the purpose of reducing the interest rate sensitivity of credit </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">securities held by the Fund and decreasing the Fund&#8217;s exposure to interest rate risk. The Fund is not required to hedge its </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">exposure to interest rate risk and may choose not to do so. In addition, there is no assurance that any attempts by the Fund to </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">reduce interest rate risk will be successful or that any hedges that the Fund may establish will perfectly correlate with </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">movements in interest rates.</span></div>  <div style="line-height: 12.02pt; margin-top: 9.90pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-style: italic; margin-left: 29pt;">Current Fixed-Income and Debt Market Conditions</span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">. Fixed-income and debt market conditions are highly unpredictable </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">and some parts of the market are subject to dislocations. In response to the crisis initially caused by the outbreak of COVID-19, </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">as with other serious economic disruptions, governmental authorities and regulators have enacted or are enacting significant </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">fiscal and monetary policy changes, including direct capital infusions into companies, new monetary programs and considerable </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">interest rate changes. These actions present heightened risks to fixed-income and debt instruments, and such risks could be even </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">further heightened if these actions are unexpectedly or suddenly reversed or are ineffective in achieving their desired outcomes. </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">In light of these actions and current conditions, interest rates and bond yields in the United States and many other countries are </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">at or near historic lows, and in some cases, such rates and yields are or have been negative. The current very low or negative </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">interest rates are magnifying the Fund&#8217;s susceptibility to interest rate risk and diminishing yield and performance. In addition, </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">the current environment is exposing fixed-income and debt markets to significant volatility and reduced liquidity for the Fund&#8217;s </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">investments. These or similar conditions may also occur in the future.</span></div>  <div style="line-height: 12.02pt; margin-top: 9.90pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-style: italic; margin-left: 29pt;">Corporate Bond Risk</span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">. The market value of a corporate bond may be affected by factors directly related to the issuer, such </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">as investors&#8217; perceptions of the creditworthiness of the issuer, the issuer&#8217;s financial performance, perceptions of the issuer in the </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">market place, performance of management of the issuer, the issuer&#8217;s capital structure and use of financial leverage and demand </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">for the issuer&#8217;s goods and services. There is a risk that the issuers of corporate bonds may not be able to meet their obligations </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">on interest or principal payments at the time called for by an instrument or at all. Corporate bonds of below investment grade </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">quality are often high risk and have speculative characteristics and may be particularly susceptible to adverse issuer-specific and </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">other developments.</span></div>  <div style="line-height: 12.02pt; margin-top: 9.90pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-style: italic; margin-left: 29pt;">Reinvestment Risk</span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">. Reinvestment risk is the risk that income from the Fund&#8217;s portfolio will decline if the Fund invests the </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">proceeds from matured, traded or called Income Securities at market interest rates that are below the Fund portfolio&#8217;s current </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">earnings rate. A decline in income could affect the Common Shares&#8217; market price or the overall return of the Fund.</span></div>  <div style="line-height: 12.02pt; margin-top: 9.90pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-style: italic; margin-left: 29pt;">Extension Risk</span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">. Certain debt instruments, including mortgage- and other asset-backed securities, are subject to the risk </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">that payments on principal may occur at a slower rate or later than expected. In this event, the expected maturity could lengthen </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">as short or intermediate-term instruments become longer-term instruments, which would make the investment more sensitive to </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">changes in interest rates. The likelihood that payments on principal will occur at a slower rate or later than expected is </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">heightened under the current conditions. In addition, the Fund&#8217;s investment may sharply decrease in value and the Fund&#8217;s income </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">from the investment may quickly decline. These types of instruments are particularly subject to extension risk, and offer less </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">potential for gains, during periods of rising interest rates. In addition, the Fund may be delayed in its ability to reinvest income </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">or proceeds from these instruments in potentially higher yielding investments, which would adversely affect the Fund to the </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">extent its investments are in lower interest rate debt instruments. Thus, changes in interest rates may cause volatility in the value </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">of and income received from these types of debt instruments.</span></div>  <div style="line-height: 12.02pt; margin-top: 9.90pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-style: italic; margin-left: 29pt;">Prepayment Risk</span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">. Certain debt instruments, including loans and mortgage- and other asset-backed securities, are subject </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">to the risk that payments on principal may occur more quickly or earlier than expected (or an investment is converted or </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">redeemed prior to maturity).&#160;For example, an issuer may exercise its right to redeem outstanding debt securities prior to their </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">maturity (known as a &#8220;call&#8221;) or otherwise pay principal earlier than expected for a number of reasons (e.g., declining interest </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">rates, changes in credit spreads and improvements in the issuer&#8217;s credit quality).If an issuer calls or &#8220;prepays&#8221; a security in which </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">the Fund has invested, the Fund may not recoup the full amount of its initial investment and may be required to reinvest in </span></div>  <div style="line-height: 12.02pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">generally lower-yielding securities, securities with greater credit risks or securities with other, less favorable features or terms </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">than the security in which the Fund initially invested, thus potentially reducing the Fund&#8217;s yield.&#160;Income Securities frequently </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">have call features that allow the issuer to repurchase the security prior to its stated maturity. Loans and mortgage- and other </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">asset-backed securities are particularly subject to prepayment risk, and offer less potential for gains, during periods of declining </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">interest rates (or narrower spreads) as issuers of higher interest rate debt instruments pay off debts earlier than expected. In </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">addition, the Fund may lose any premiums paid to acquire the investment. Other factors, such as excess cash flows, may also </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">contribute to prepayment risk.&#160;Thus, changes in interest rates may cause volatility in the value of and income received from these </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">types of debt instruments.</span></div>  <div style="line-height: 12.02pt; margin-top: 9.80pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;">Variable or floating rate investments may be less vulnerable to prepayment risk. Most floating rate loans and fixed-income</span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"> securities allow for prepayment of principal without penalty. Accordingly, the potential for the value of a floating rate </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">loan or security to increase in response to interest rate declines is limited. Corporate loans or fixed-income securities purchased </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">to replace a prepaid corporate loan or security may have lower yields than the yield on the prepaid corporate loan or security.</span></div>  <div style="line-height: 12.02pt; margin-top: 9.90pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-style: italic; margin-left: 29pt;">Liquidity Risk</span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">. The Fund may invest without limitation in Income Securities for which there is no readily available </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">trading market or which are unregistered, restricted or otherwise illiquid, including certain high-yield securities. The Fund may </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">invest in privately issued securities of both public and private companies, which may be illiquid. Securities of below investment </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">grade quality tend to be less liquid than investment grade debt securities, and securities of financial distressed or bankrupt </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">issuers may be particularly illiquid. Loans typically are not registered with the SEC and are not listed on any securities exchange </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">and may at times be illiquid. Loan investments through participations and assignments are typically illiquid. Structured finance </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">securities are typically privately offered and sold, and thus are not registered under the securities laws. As a result, investments in </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">structured finance securities may be characterized by the Fund as illiquid securities; however, an active dealer market may exist </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">which would allow such securities to be considered liquid in some circumstances. The securities and obligations of foreign </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">issuers, particular issuers in emerging markets, may be more likely to experience periods of illiquidity. Derivative instruments, </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">particularly privately-negotiated or OTC derivatives, may be illiquid, although can be no assurance that a liquid market will exist </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">when the Fund seeks to close out an exchange-traded derivative position.</span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; line-height: 12.02pt;"> </span></div>  <div style="line-height: 12.02pt; margin-top: 9.90pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;">The Fund may not be able to readily dispose of illiquid securities and obligations at prices that approximate those at </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">which the Fund could sell such securities and obligations if they were more widely traded and, as a result of such illiquidity, the </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">Fund may have to sell other investments or engage in borrowing transactions if necessary to raise cash to meet its obligations. As </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">a result, the Fund may be unable to achieve its desired level of exposure to certain issuers, asset classes or sectors. The capacity </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">of market makers of fixed-income and other debt instruments has not kept pace with the consistent growth in these markets over </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">the past three decades, which has led to reduced levels in the capacity of these market makers to engage in trading and, as a </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">result, dealer inventories of corporate fixed-income, floating rate and certain other debt instruments are at or near historic lows </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">relative to market size. In addition, limited liquidity could affect the market price of Income Securities, thereby adversely </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">affecting the Fund&#8217;s NAV and ability to make distributions. Dislocations in certain parts of markets are resulting in reduced </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">liquidity for certain investments. It is uncertain when financial markets will improve. Liquidity of financial markets may also be </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">affected by government intervention.</span></div>  <div style="line-height: 12.02pt; margin-top: 9.90pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-style: italic; margin-left: 29pt;">Valuation of Certain Income Securities Risk</span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">. The Sub-Adviser may use the fair value method to value investments if </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">market quotations for them are not readily available or are deemed unreliable, or if events occurring after the close of a securities </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">market and before the Fund values its assets would materially affect net asset value. Because the secondary markets for certain </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">investments may be limited, they may be difficult to value. Where market quotations are not readily available, valuation may </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">require more research than for more liquid investments. In addition, elements of judgment may play a greater role in valuation in </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">such cases than for investments with a more active secondary market because there is less reliable objective data available. A </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">security that is fair valued may be valued at a price higher or lower than the value determined by other funds using their own fair </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">valuation procedures. Prices obtained by the Fund upon the sale of such securities may not equal the value at which the Fund </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">carried the investment on its books, which would adversely affect the net asset value of the Fund.</span></div>  <div style="line-height: 12.02pt; margin-top: 9.90pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-style: italic; margin-left: 29pt;">Duration and Maturity Risk</span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">. The Fund has no set policy regarding portfolio maturity or duration. Holding long duration </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">and long maturity investments will expose the Fund to certain magnified risks. These risks include interest rate risk, credit risk </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">and liquidity risks as discussed above. Generally speaking, the longer the duration of the Fund&#8217;s portfolio, the more exposure the </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">Fund will have to interest rate risk described above.</span></div> <span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_cef_RiskAxis=gsof_MortgageBackedSecuritiesRiskMember', window );">Mortgage Backed Securities Risk [Member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_cef_GeneralDescriptionOfRegistrantAbstract', window );"><strong>General Description of Registrant [Abstract]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_cef_RiskTextBlock', window );">Risk [Text Block]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text"> <div style="line-height: 12.02pt; margin-top: 9.90pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-weight: bold;">Mortgage-Backed Securities Risk</span></div>  <div style="line-height: 12.02pt; margin-top: 9.90pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;">Mortgage-backed securities (&#8220;MBS&#8221;) represent an interest in a pool of mortgages. MBS are subject to certain risks, such </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">as: credit risk associated with the performance of the underlying mortgage properties and of the borrowers owning these </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">properties; risks associated with their structure and execution (including the collateral, the process by which principal and </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">interest payments are allocated and distributed to investors and how credit losses affect the return to investors in such MBS); </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">risks associated with the servicer of the underlying mortgages; adverse changes in economic conditions and circumstances, </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">which are more likely to have an adverse impact on MBS secured by loans on certain types of commercial properties than on </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">those secured by loans on residential properties; prepayment risk, which can lead to significant fluctuations in the value of the </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">MBS; loss of all or part of the premium, if any, paid; and decline in the market value of the security, whether resulting from </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">changes in interest rates, prepayments on the underlying mortgage collateral or perceptions of the credit risk associated with the </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">underlying mortgage collateral. </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">The value of MBS may be substantially dependent on the servicing of the underlying pool of </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">mortgages. In addition, the Fund&#8217;s level of investment in MBS of a particular type or in MBS issued or guaranteed by affiliated </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">obligors, serviced by the same servicer or backed by underlying collateral located in a specific geographic region, may subject </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">the Fund to additional risk.</span></div>  <div style="line-height: 12.02pt; margin-top: 9.90pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;">When market interest rates decline, more mortgages are refinanced and the securities are paid off earlier than expected. </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">Prepayments may also occur on a scheduled basis or due to foreclosure. When market interest rates increase, the market values </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">of MBS decline. At the same time, however, mortgage refinancings and prepayments slow, which lengthens the effective </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">maturities of these securities. As a result, the negative effect of the rate increase on the market value of MBS is usually more </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">pronounced than it is for other types of debt securities. In addition, due to increased instability in the credit markets, the market </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">for some MBS has experienced reduced liquidity and greater volatility with respect to the value of such securities, making it </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">more difficult to value such securities. The Fund may invest in sub-prime mortgages or MBS that are backed by sub-prime </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">mortgages or defaulted or nonperforming loans.</span></div>  <div style="line-height: 12.02pt; margin-top: 9.90pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;">Additional risks relating to investments in mortgage-backed securities may arise because of the type of mortgage-backed </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">securities in which the Fund invests, defined by the assets collateralizing the mortgage-backed securities. For example, CMOs </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">may have complex or highly variable prepayment terms, such as companion classes, interest only or principal only payments, </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">inverse floaters and residuals. These investments generally entail greater market, prepayment and liquidity risks than other </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">mortgage-backed securities, and may be more volatile or less liquid than other mortgage-backed securities. These risks are </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">heightened under the currently distressed economic, market, labor and public health conditions.</span></div>  <div style="line-height: 12.02pt; margin-top: 9.90pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;">Moreover, the relationship between prepayments and interest rates may give some high-yielding MBS less potential for </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">growth in value than conventional bonds with comparable maturities. In addition, during periods of falling interest rates, the rate </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">of prepayment tends to increase. During such periods, the reinvestment of prepayment proceeds by the Fund will generally be at </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">lower rates than the rates that were carried by the obligations that have been prepaid. Because of these and other reasons, MBS&#8217;s </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">total return and maturity may be difficult to predict precisely. To the extent that the Fund purchases MBS at a premium, </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">prepayments (which may be made without penalty) may result in loss of the Fund&#8217;s principal investment to the extent of </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">premium paid.</span></div>  <div style="line-height: 12.02pt; margin-top: 10.00pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;">MBS generally are classified as either CMBS or residential mortgage-backed securities RMBS, each of which are </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">subject to certain specific risks.</span></div>  <div style="line-height: 12.02pt; margin-top: 10.00pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-style: italic; margin-left: 29pt;">Commercial Mortgage-Backed Securities Risk</span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">. The market for CMBS developed more recently and, in terms of total </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">outstanding principal amount of issues, is relatively small compared to the market for MBS. CMBS are subject to particular </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">risks, such as those associated with lack of standardized terms, shorter maturities than residential mortgage loans and payment </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">of all or substantially all of the principal only at maturity rather than regular amortization of principal. In addition, commercial </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">lending generally is viewed as exposing the lender to a greater risk of loss than residential lending. Commercial lending </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">typically involves larger loans to single borrowers or groups of related borrowers than residential mortgage loans. In addition, </span></div>  <div style="line-height: 12.02pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">the repayment of loans secured by income producing properties typically is dependent upon the successful operation of the </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">related real estate project and the cash flow generated therefrom. Net operating income of an income- producing property can be </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">affected by, among other things: tenant mix, success of tenant businesses, property management decisions, property location and </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">condition, competition from comparable types of properties, changes in laws that increase operating expense or limit rents that </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">may be charged, any need to address environmental contamination at the property, the occurrence of any uninsured casualty at </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">the property, changes in national, regional or local economic conditions and/or specific industry segments, declines in regional </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">or local real estate values, declines in regional or local rental or occupancy rates, increases in interest rates, real estate tax rates </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">and other operating expenses, change in governmental rules, regulations and fiscal policies, including environmental legislation, </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">acts of God, terrorism, social unrest and civil disturbances.</span></div>  <div style="line-height: 12.02pt; margin-top: 10.29pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;">Consequently, adverse changes in economic conditions and circumstances are more likely to have an adverse impact on </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">MBS secured by loans on commercial properties than on those secured by loans on residential properties. Economic downturns, </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">rises in unemployment and other events, such as public health emergencies, that limit the activities of and demand for </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">commercial retail and office spaces (such as the current COVID-19 crisis) adversely impact the value of such securities. </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">Additional risks may be presented by the type and use of a particular commercial property. Special risks are presented by </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">hospitals, nursing homes, hospitality properties and certain other property types. Commercial property values and net operating </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">income are subject to volatility, which may result in net operating income becoming insufficient to cover debt service on the </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">related mortgage loan. The exercise of remedies and successful realization of liquidation proceeds relating to CMBS may be </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">highly dependent on the performance of the servicer or special servicer. There may be a limited number of special servicers </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">available, particularly those that do not have conflicts of interest.</span></div>  <div style="line-height: 12.02pt; margin-top: 10.30pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-style: italic; margin-left: 29pt;">Residential Mortgage-Backed Securities Risk</span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">. Credit-related risk on RMBS arises from losses due to delinquencies and </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">defaults by the borrowers in payments on the underlying mortgage loans and breaches by originators and servicers of their </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">obligations under the underlying documentation pursuant to which the RMBS are issued. The rate of delinquencies and defaults </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">on residential mortgage loans and the aggregate amount of the resulting losses will be affected by a number of factors, including </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">general economic conditions, particularly those in the area where the related mortgaged property is located, the level of the </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">borrower&#8217;s equity in the mortgaged property and the individual financial circumstances of the borrower. If a residential mortgage </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">loan is in default, foreclosure on the related residential property may be a lengthy and difficult process involving significant </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">legal and other expenses. The net proceeds obtained by the holder on a residential mortgage loan following the foreclosure on </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">the related property may be less than the total amount that remains due on the loan. The prospect of incurring a loss upon the </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">foreclosure of the related property may lead the holder of the residential mortgage loan to restructure the residential mortgage </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">loan or otherwise delay the foreclosure process. These risks are elevated given the current distressed economic, market, public </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">health and labor conditions, notably, increased levels of unemployment relative to recent years, delays and delinquencies in </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">payments of mortgage and rent obligations, and uncertainty regarding the effects and extent of government intervention with </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">respect to mortgage payments and other economic matters.</span></div>  <div style="line-height: 12.02pt; margin-top: 10.30pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-style: italic; margin-left: 29pt;">Sub-Prime Mortgage Market Risk</span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">. The residential mortgage market in the United States has experienced difficulties that </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">may adversely affect the performance and market value of certain mortgages and MBS. Delinquencies and losses on residential </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">mortgage loans (especially sub-prime and second-lien mortgage loans) generally have increased at times and may again </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">increase, and a decline in or flattening of housing values (as has been experienced at times and may again be experienced in </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">many housing markets) may exacerbate such delinquencies and losses. Borrowers with adjustable rate mortgage loans are more </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">sensitive to changes in interest rates, which affect their monthly mortgage payments, and may be unable to secure replacement </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">mortgages at comparably low interest rates. Also, a number of residential mortgage loan originators have experienced serious </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">financial difficulties or bankruptcy. Largely due to the foregoing, reduced investor demand for mortgage loans and MBS and </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">increased investor yield requirements caused limited liquidity in the secondary market for certain MBS, which can adversely </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">affect the market value of MBS. It is possible that such limited liquidity in such secondary markets could continue or worsen. If </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">the economy of the United States deteriorates further, the incidence of mortgage foreclosures, especially sub-prime mortgages, </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">may increase, which may adversely affect the value of any MBS owned by the Fund.</span></div>  <div style="line-height: 12.02pt; margin-top: 10.30pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;">Any increase in prevailing market interest rates, which are currently near historical lows, may result in increased </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">payments for borrowers who have adjustable rate mortgages. Moreover, with respect to hybrid mortgage loans after their initial </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">fixed rate period, interest-only products or products having a lower rate, and with respect to mortgage loans with a negative </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">amortization feature which reach their negative amortization cap, borrowers may experience a substantial increase in their </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">monthly payment even without an increase in prevailing market interest rates. Increases in payments for borrowers may result in </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">increased rates of delinquencies and defaults on residential mortgage loans underlying the RMBS.</span></div>  <div style="line-height: 12.02pt; margin-top: 10pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;">The significance of the mortgage crisis and loan defaults in residential mortgage loan sectors led to the enactment of </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">numerous pieces of legislation relating to the mortgage and housing markets. These actions, along with future legislation or </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">regulation, may have significant impacts on the mortgage market generally and may result in a reduction of available </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">transactional opportunities for the Fund or an increase in the cost associated with such transactions and may adversely impact </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">the value of RMBS.</span></div>  <div style="line-height: 12.02pt; margin-top: 9.81pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;">During the mortgage crisis, a number of originators and servicers of residential and commercial mortgage loans, </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">including some of the largest originators and servicers in the residential and commercial mortgage loan market, experienced </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">serious financial difficulties. Such difficulties may affect the performance of non-agency RMBS and CMBS. There can be no </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">assurance that originators and servicers of mortgage loans will not continue to experience serious financial difficulties or </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">experience such difficulties in the future, including becoming subject to bankruptcy or insolvency proceedings, or that </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">underwriting procedures and policies and protections against fraud will be sufficient in the future to prevent such financial </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">difficulties or significant levels of default or delinquency on mortgage loans.</span></div> <span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_cef_RiskAxis=gsof_LoansAndLoanParticipationsAndAssignmentsRiskMember', window );">Loans and Loan Participations and Assignments Risk [Member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_cef_GeneralDescriptionOfRegistrantAbstract', window );"><strong>General Description of Registrant [Abstract]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_cef_RiskTextBlock', window );">Risk [Text Block]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text"> <div style="line-height: 12.02pt; margin-top: 10.00pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-weight: bold;">Loans and Loan Participations and Assignments Risk</span></div>  <div style="line-height: 12.02pt; margin-top: 10.00pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;">The Fund may invest in loans directly or through participations or assignments. The Fund may purchase Loans on a </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">direct assignment basis from a participant in the original syndicate of lenders or from subsequent assignees of such interests. </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">The Fund may also purchase, without limitation, participations in Loans. </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">The purchaser of an assignment typically succeeds to </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">all the rights and obligations of the assigning institution and becomes a lender under the credit agreement with respect to the </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">debt obligation; however, the purchaser&#8217;s rights can be more restricted than those of the assigning institution, and, in any event, </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">the Fund may not be able to unilaterally enforce all rights and remedies under the loan and with regard to any associated </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">collateral. A participation typically results in a contractual relationship only with the institution participating out the interest, not </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">with the borrower. In purchasing participations, the Fund generally will have no right to enforce compliance by the borrower </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">with the terms of the loan agreement against the borrower, and the Fund may not directly benefit from the collateral supporting </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">the debt obligation in which it has purchased the participation. As a result, the Fund will be exposed to the credit risk of both the </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">borrower and the institution selling the participation. Further, in purchasing participations in lending syndicates, the Fund may </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">not be able to conduct the same due diligence on the borrower with respect to a Senior Loan that the Fund would otherwise </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">conduct. In addition, as a holder of the participations, the Fund may not have voting rights or inspection rights that the Fund </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">would otherwise have if it were investing directly in the Senior Loan, which may result in the Fund being exposed to greater </span></div>  <div style="line-height: 12.02pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">credit or fraud risk with respect to the borrower or the Senior Loan. Lenders selling a participation and other persons </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">interpositioned between the lender and the Fund with respect to a participation will likely conduct their principal business </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">activities in the banking, finance and financial services industries. Because the Fund may invest in participations, the Fund may </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">be more susceptible to economic, political or regulatory occurrences affecting such industries.</span></div>  <div style="line-height: 12.02pt; margin-top: 9.80pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;">Loans are especially vulnerable to the financial health, or perceived financial health, of the borrower but are also </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">particularly susceptible to economic and market sentiment such that changes in these conditions or the occurrence of other </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">economic or market events may reduce the demand for loans and cause their value to decline rapidly and unpredictably. Many </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">loans and loan interests are subject to legal or contractual restrictions on transfer, resale or assignment that may limit the ability </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">of the Fund to sell its interest in a loan at an advantageous time or price. The resale, or secondary, market for loans is currently </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">growing, but may become more limited or more difficult to access, and such changes may be sudden and unpredictable. </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">Transactions in loans are often subject to long settlement periods (in excess of the standard T+2 days settlement cycle for most </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">securities and often longer than seven days). As a result, sale proceeds potentially will not be available to the Fund to make </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">additional investments or to use proceeds to meet its current obligations. The Fund thus is subject to the risk of selling other </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">investments at disadvantageous times or prices or taking other actions necessary to raise cash to meet its obligations such as </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">borrowing from a bank or holding additional cash, particularly during periods of unusual market or economic conditions or </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">financial stress.</span></div>  <div style="line-height: 12.02pt; margin-top: 9.90pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;">The Fund invests in or is exposed to loans and other similar debt obligations that are sometimes referred to as &#8220;covenant-lite&#8221;</span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"> loans or obligations (&#8220;covenant-lite obligations&#8221;), which are generally subject to more risk than investments that contain </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">traditional financial maintenance covenants and financial reporting requirements. The Fund may have fewer rights with respect </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">to covenant-lite obligations, including fewer protections against the possibility of default and fewer remedies in the event of </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">default. As a result, investments in (or exposure to) covenant-lite obligations are subject to more risk than investments in (or </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">exposure to) certain other types of obligations.</span></div>  <div style="line-height: 12.02pt; margin-top: 9.90pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;">In certain circumstances, the Adviser or its affiliates (including on behalf of clients other than the Fund) or the Fund may </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">be in possession of material non-public information about a borrower as a result of its ownership of a loan and/or corporate debt </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">security of a borrower. Because U.S. laws and regulations generally prohibit trading in securities of issuers while in possession </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">of material, non-public information, the Fund might be unable (potentially for a substantial period of time) to trade securities or </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">other instruments issued by the borrower when it would otherwise be advantageous to do so and, as such, could incur a loss. In </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">circumstances when the Adviser or the Fund determines to avoid or to not receive non-public information about a borrower for </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">loan investments being considered for acquisition by the Fund or held by the Fund, the Fund may be disadvantaged relative to </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">other investors that do receive such information, and the Fund may not be able to take advantage of other investment </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">opportunities that it may otherwise have. The Adviser or its affiliates may participate in the primary and secondary market for </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">loans or other transactions with possible borrowers. As a result, the Fund may be legally restricted from acquiring some loans </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">and from participating in a restructuring of a loan or other similar instrument. Further, if the Fund, in combination with other </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">accounts managed by the Adviser or its affiliates, acquires a large portion of a loan, the Fund&#8217;s valuation of its interests in the </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">loan and the Fund&#8217;s ability to dispose of the loan at favorable times or prices may be adversely affected.</span></div>  <div style="line-height: 12.02pt; margin-top: 9.90pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;">The Fund is subject to other risks associated with investments in (or exposure to) loans and other similar obligations, </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">including that such loans or obligations may not be considered &#8220;securities&#8221; and, as a result, the Fund may not be entitled to rely </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">on the anti-fraud protections under the federal securities laws and instead may have to resort to state law and direct claims.</span></div>  <div style="line-height: 12.02pt; margin-top: 9.90pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-style: italic; margin-left: 29pt;">Unfunded Commitments Risk</span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">. Certain of the loan participations or assignments acquired by the Fund may involve </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">unfunded commitments of the lenders, revolving credit facilities, delayed draw credit facilities or other investments under which </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">a borrower may from time to time borrow and repay amounts up to the maximum amount of the facility. In such cases, the Fund </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">would have an obligation to advance its portion of such additional borrowings upon the terms specified in the loan </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">documentation. Such an obligation may have the effect of requiring the Fund to increase its investment in a company at a time </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">when it might not be desirable to do so (including at a time when the company&#8217;s financial condition makes it unlikely that such </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">amounts will be repaid). These commitments are generally subject to the borrowers meeting certain criteria such as compliance </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">with covenants and certain operational metrics. The terms of the borrowings and financings subject to commitment are </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">comparable to the terms of other loans and related investments in the Fund&#8217;s portfolio.</span></div> <span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_cef_RiskAxis=gsof_MezzanineInvestmentsRiskMember', window );">Mezzanine Investments Risk [Member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_cef_GeneralDescriptionOfRegistrantAbstract', window );"><strong>General Description of Registrant [Abstract]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_cef_RiskTextBlock', window );">Risk [Text Block]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text"> <div style="line-height: 12.02pt; margin-top: 9.90pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-weight: bold;">Mezzanine Investments Risk</span></div>  <div style="line-height: 12.02pt; margin-top: 9.90pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;">The Fund may invest in certain lower grade securities known as &#8220;Mezzanine Investments,&#8221; which are subordinated debt </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">securities that are generally issued in private placements in connection with an equity security (</span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-style: italic;">e.g.</span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">, with attached warrants) or </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">may be convertible into equity securities. </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">Mezzanine Investments are subject to the same risks associated with investment in </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">Senior Loans, Second Lien Loans and other lower grade Income Securities. However, Mezzanine Investments may rank lower in </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">right of payment than any outstanding Senior Loans and Second Lien Loans of the borrower, or may be unsecured (i.e., not </span></div>  <div style="line-height: 12.02pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">backed by a security interest in any specific collateral), and are subject to the additional risk that the cash flow of the borrower </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">and available assets may be insufficient to meet scheduled payments after giving effect to any higher ranking obligations of the </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">borrower. Mezzanine Investments are expected to have greater price volatility and exposure to losses upon default than Senior </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">Loans and Second Lien Loans and may be less liquid.</span></div> <span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_cef_RiskAxis=gsof_PreferredStockRiskMember', window );">Preferred Stock Risk [Member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_cef_GeneralDescriptionOfRegistrantAbstract', window );"><strong>General Description of Registrant [Abstract]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_cef_RiskTextBlock', window );">Risk [Text Block]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text"> <div style="line-height: 12.02pt; margin-top: 10.00pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-weight: bold;">Preferred Stock Risk</span></div>  <div style="line-height: 12.02pt; margin-top: 10.00pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;">The Fund may invest in preferred stock, which represents the senior residual interest in the assets of an issuer after </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">meeting all claims, with priority to corporate income and liquidation payments over the issuer&#8217;s common stock. As such, </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">preferred stock is inherently more risky than the bonds and other debt instruments of the issuer, but less risky than its common </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">stock. </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">Preferred stocks may pay fixed or adjustable rates of return. Preferred stock is subject to issuer-specific and market risks </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">applicable generally to equity securities. Certain preferred stocks contain provisions that allow an issuer under certain conditions </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">to skip (in the case of &#8220;non-cumulative&#8221; preferred stocks) or defer (in the case of &#8220;cumulative&#8221; preferred stocks) dividend </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">payments. Preferred stocks often contain provisions that allow for redemption in the event of certain tax or legal changes or at </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">the issuer&#8217;s call.</span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; line-height: 12.02pt;"> </span></div>  <div style="line-height: 12.02pt; margin-top: 10.00pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;">Preferred stocks typically do not provide any voting rights, except in cases when dividends are in arrears beyond a certain </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">time period. There is no assurance that dividends on preferred stocks in which the Fund invests will be declared or otherwise </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">made payable. If the Fund owns preferred stock that is deferring its distributions, the Fund may be required to report income for </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">U.S. federal income tax purposes while it is not receiving cash payments corresponding to such income. When interest rates fall </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">below the rate payable on an issue of preferred stock or for other reasons, the issuer may redeem the preferred stock, generally </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">after an initial period of call protection in which the stock is not redeemable.</span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; line-height: 12.02pt;"> </span></div>  <div style="line-height: 12.02pt; margin-top: 10.00pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;">Preferred stocks may be significantly less liquid than many other securities, such as U.S. Government securities, </span></div>  <div style="line-height: 12.02pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">corporate debt and common stock. Preferred stock has properties of both an equity and a debt instrument and is generally </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">considered a hybrid instrument.</span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; line-height: 12.02pt;"> </span></div> <span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_cef_RiskAxis=gsof_ForeignSecuritiesRiskMember', window );">Foreign Securities Risk[Member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_cef_GeneralDescriptionOfRegistrantAbstract', window );"><strong>General Description of Registrant [Abstract]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_cef_RiskTextBlock', window );">Risk [Text Block]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text"> <div style="line-height: 12.02pt; margin-top: 9.80pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-weight: bold;">Foreign Securities Risk</span></div>  <div style="line-height: 12.02pt; margin-top: 9.80pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;">The Fund may invest up to 20% of its total assets in non-U.S. dollar denominated Income Securities of foreign issuers. </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">Investing in foreign issuers may involve certain risks not typically associated with investing in securities of U.S. issuers due to </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">increased exposure to foreign economic, </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">political and legal developments, including favorable or unfavorable changes in </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">currency exchange rates, exchange control regulations (including currency blockage), expropriation or nationalization of assets, </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">imposition of withholding taxes on payments, and possible difficulty in obtaining and enforcing judgments against foreign </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">entities. Furthermore, issuers of foreign securities and obligations are subject to different, often less comprehensive, accounting, </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">reporting and disclosure requirements than domestic issuers. The securities and obligations of some foreign companies and </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">foreign markets are less liquid and at times more volatile than comparable U.S. securities, obligations and markets. In addition, </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">such investments are subject to other adverse diplomatic investments, which may include the imposition of economic or trade </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">sanctions or other measures by the U.S. or other governments and supranational organizations or changes in trade policies. These </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">developments may, among other things, limit the ability of the Fund to invest in certain securities or require the disposition of an </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">investment. These risks may be more pronounced to the extent that the Fund invests a significant amount of its assets in </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">companies located in one region and to the extent that the Fund invests in securities of issuers in emerging markets. The Fund </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">may also invest in U.S. dollar- denominated Income Securities of foreign issuers, which are subject to many of the risks </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">described above regarding Income Securities of foreign issuers denominated in foreign currencies. These risks are heightened </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">under the current conditions.</span></div>  <div style="line-height: 12.02pt; margin-top: 9.80pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;">There may be less publicly available information about a foreign company than a U.S. company. Foreign securities </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">markets may have substantially less volume than U.S. securities markets and some foreign company securities are less liquid </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">than securities of otherwise comparable U.S. companies. Foreign markets also have different clearance and settlement </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">procedures that could cause the Fund to encounter difficulties in purchasing and selling securities on such markets and may </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">result in the Fund missing attractive investment opportunities or experiencing a loss. In addition, a portfolio that includes foreign </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">securities can expect to have a higher expense ratio because of the increased transaction costs on non-U.S. securities markets and </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">the increased costs of maintaining the custody of foreign securities.</span></div>  <div style="line-height: 12.02pt; margin-top: 9.80pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;">ADRs are receipts issued by United States banks or trust companies in respect of securities of foreign issuers held on </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">deposit for use in the United States securities markets. While ADRs may not necessarily be denominated in the same currency as </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">the securities into which they may be converted, many of the risks associated with foreign securities may also apply to ADRs. In </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">addition, the underlying issuers of certain depositary receipts, particularly unsponsored or unregistered depositary receipts, are </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">under no obligation to distribute shareholder communications to the holders of such receipts, or to pass through to them any </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">voting rights with respect to the deposited securities.</span></div> <span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_cef_RiskAxis=gsof_EmergingMarketsRiskMember', window );">Emerging Markets Risk [Member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_cef_GeneralDescriptionOfRegistrantAbstract', window );"><strong>General Description of Registrant [Abstract]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_cef_RiskTextBlock', window );">Risk [Text Block]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text"> <div style="line-height: 12.02pt; margin-top: 9.90pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-weight: bold;">Emerging Markets Risk</span></div>  <div style="line-height: 12.02pt; margin-top: 9.90pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;">The Fund may invest up to 10% of its total assets in Income Securities the issuers of which are located in countries </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">considered to be emerging markets. Investing in securities in emerging countries generally entails greater risks than investing in </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">securities in developed countries. Securities issued by governments or issuers in emerging market countries are more likely to </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">have greater exposure to the risks of investing in foreign securities.</span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"> These risks are elevated under current conditions and </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">include: (i) less social, political and economic stability and potentially more volatile currency exchange rates; (ii) the small </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">current size of the markets for such securities, limited access to investments in the event of market closures (including due to </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">local holidays), and the currently low or nonexistent volume of trading, which result in a lack of liquidity, in greater price </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">volatility, and/or a higher risk of failed trades or other trading issues; (iii) certain national policies which may restrict the Fund&#8217;s </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">investment opportunities, including restrictions on investment in issuers or industries deemed sensitive to national interests, and </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">trade barriers; (iv) foreign taxation; (v) the absence of developed legal systems, including structures governing private or foreign </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">investment or allowing for judicial redress (such as limits on rights and remedies available to the Fund) for investment losses and </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">injury to private property; (vi) lower levels of government regulation, which could lead to market manipulation, and less </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">extensive and transparent accounting, auditing, recordkeeping, financial reporting and other requirements which limit the </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">quality and availability of financial information; (vii) high rates of inflation for prolonged periods and rapid interest rate </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">changes; (viii) dependence on a few key trading partners and sensitivity to adverse political or social events affecting the region </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">where an emerging market is located compared to developed market securities; and (ix) particular sensitivity to global economic </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">conditions, including adverse effects stemming from recessions, depressions or other economic crises, or reliance on </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">international or other forms of aid, including trade, taxation and development policies. Furthermore, foreign investors may be </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">required to register the proceeds of sales and future economic or political crises could lead to price controls, forced mergers, </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">expropriation or confiscatory taxation, seizure, nationalization or creation of government monopolies. The currencies of </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">emerging market countries may experience significant declines against the U.S. dollar, and devaluation may occur subsequent to </span></div>  <div style="line-height: 12.02pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">investments in these currencies by the Fund. Inflation and rapid fluctuations in inflation rates have had, and may continue to </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">have, negative effects on the economies and securities markets of certain emerging market countries. Sovereign debt of emerging </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">countries may be in default or present a greater risk of default, the risk of which is heightened given the current conditions. </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">These risks are heightened for investments in frontier markets.</span></div>  <div style="line-height: 12.02pt; margin-top: 10.20pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;">The Sub-Adviser has broad discretion to identify countries that it considers to qualify as &#8220;emerging markets.&#8221; In </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">determining whether a country is an emerging market, the Sub-Adviser may take into account specific or general factors that the </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">Sub-Adviser deems to be relevant, including interest rates, inflation rates, exchange rates, monetary and fiscal policies, trade </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">and current account balances and/or legal, social and political developments, as well as whether the country is considered to be </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">emerging or developing by supranational organizations such as the World Bank, the United Nations or other similar entities. </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">Emerging market countries generally will include countries with low gross national product per capita and the potential for rapid </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">economic growth and are likely to be located in Africa, Asia, the Middle East, Eastern and Central Europe and Central and </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">South America. In addition, the impact of the economic and public health crisis in emerging market countries may be greater </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">due to their generally less established healthcare systems and capabilities with respect to fiscal and monetary policies, which </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">may exacerbate other pre-existing political, social and economic risks.</span></div> <span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_cef_RiskAxis=gsof_ForeignCurrencyRiskMember', window );">Foreign Currency Risk [Member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_cef_GeneralDescriptionOfRegistrantAbstract', window );"><strong>General Description of Registrant [Abstract]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_cef_RiskTextBlock', window );">Risk [Text Block]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text"> <div style="line-height: 12.02pt; margin-top: 10.10pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-weight: bold;">Foreign Currency Risk</span></div>  <div style="line-height: 12.02pt; margin-top: 10.09pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;">The value of securities denominated or quoted in foreign currencies may be adversely affected by fluctuations in the </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">relative currency exchange rates and by exchange control regulations. The Fund&#8217;s investment performance may be negatively </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">affected by a devaluation of a currency in which the Fund&#8217;s investments are denominated or quoted. </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">Further, the Fund&#8217;s </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">investment performance may be significantly affected, either positively or negatively, by currency exchange rates because the </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">U.S. dollar value of securities denominated or quoted in another currency will increase or decrease in response to changes in the </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">value of such currency in relation to the U.S. dollar. Finally, the Fund&#8217;s distributions are paid in U.S. dollars, and to the extent the </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">Fund&#8217;s assets are denominated in currencies other than the U.S. dollar, there is a risk that the value of any distribution from such </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">assets may decrease if the currency in which such assets or distributions are denominated falls in relation to the value of the U.S. </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">dollar. The Fund currently intends to seek to hedge its exposures to foreign currencies but may, at the discretion of the </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">Investment Adviser, at any time limit or eliminate foreign currency hedging activity. To the extent the Fund does not hedge (or is </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">unsuccessful in seeking to hedge) its foreign currency risk, the value of the Fund&#8217;s assets and income could be adversely affected </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">by currency exchange rate movements.</span></div> <span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_cef_RiskAxis=gsof_RedenominationRiskMember', window );">Redenomination Risk [Member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_cef_GeneralDescriptionOfRegistrantAbstract', window );"><strong>General Description of Registrant [Abstract]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_cef_RiskTextBlock', window );">Risk [Text Block]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text"> <div style="line-height: 12.02pt; margin-top: 9.90pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-weight: bold;">Redenomination Risk</span></div>  <div style="line-height: 12.02pt; margin-top: 9.90pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;">The result of Brexit, the progression of the European debt crisis and the possibility of one or more Eurozone countries </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">exiting the European Monetary Union (&#8220;EMU&#8221;), or even the collapse of the euro as a common currency, has created significant </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">volatility in currency and financial markets generally. </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">The effects of the collapse of the euro, or of the exit of one or more </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">countries from the EMU, on the U.S. and global economies and securities markets are impossible to predict and any such events </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">could have a significant adverse impact on the value and risk profile of the Fund&#8217;s portfolio. Any partial or complete dissolution </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">of the EMU could have significant adverse effects on currency and financial markets, and on the values of the Fund&#8217;s portfolio </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">investments. If one or more EMU countries were to stop using the euro as its primary currency, the Fund&#8217;s investments in such </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">countries may be redenominated into a different or newly adopted currency. As a result, the value of those investments could </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">decline significantly and unpredictably. In addition, securities or other investments that are redenominated may be subject to </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">foreign currency risk, liquidity risk and valuation risk to a greater extent than similar investments currently denominated in </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">euros. To the extent a currency used for redenomination purposes is not specified in respect of certain EMU-related investments, </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">or should the euro cease to be used entirely, the currency in which such investments are denominated may be unclear, making </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">such investments particularly difficult to value or dispose of. The Fund may incur additional expenses to the extent it is required </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">to seek judicial or other clarification of the denomination or value of such securities.</span></div> <span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_cef_RiskAxis=gsof_PrivateSecuritiesRiskMember', window );">Private Securities Risk [Member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_cef_GeneralDescriptionOfRegistrantAbstract', window );"><strong>General Description of Registrant [Abstract]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_cef_RiskTextBlock', window );">Risk [Text Block]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text"> <div style="line-height: 12.02pt; margin-top: 10.00pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-weight: bold;">Private Securities Risk</span></div>  <div style="line-height: 12.02pt; margin-top: 9.99pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;">The Fund may invest in privately issued Income Securities and Common Equity Securities of both public and private </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">companies. Private Securities have additional risk considerations than investments in comparable public investments. </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">Whenever </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">the Fund invests in companies that do not publicly report financial and other material information, it assumes a greater degree of </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">investment risk and reliance upon the Sub-Adviser&#8217;s ability to obtain and evaluate applicable information concerning such </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">companies&#8217; creditworthiness and other investment considerations. Certain Private Securities may be illiquid. Because there is </span></div>  <div style="line-height: 12.02pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">often no readily available trading market for Private Securities, the Fund may not be able to readily dispose of such investments </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">at prices that approximate those at which the Fund could sell them if they were more widely traded. Private Securities are also </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">more difficult to value. Valuation may require more research, and elements of judgment may play a greater role in the valuation </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">of Private Securities as compared to public securities because there is less reliable objective data available. Private Securities that </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">are debt securities generally are of below-investment grade quality, frequently are unrated and present many of the same risks as </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">investing in below-investment grade public debt securities. Investing in private debt instruments is a highly specialized </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">investment practice that depends more heavily on independent credit analysis than investments in other types of obligations.</span></div> <span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_cef_RiskAxis=gsof_InvestmentFundsRiskMember', window );">Investment Funds Risk [Member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_cef_GeneralDescriptionOfRegistrantAbstract', window );"><strong>General Description of Registrant [Abstract]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_cef_RiskTextBlock', window );">Risk [Text Block]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text"> <div style="line-height: 12.02pt; margin-top: 9.80pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-weight: bold;">Investment Funds Risk</span></div>  <div style="line-height: 12.02pt; margin-top: 9.80pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;">As an alternative to holding investments directly, the Fund may also obtain investment exposure to Income Securities and </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">Common Equity Securities by investing up to 30% of its total assets in Investment Funds. </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">These investments include open-end </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">funds, closed-end funds, exchange-traded funds and business development companies as well as other pooled investment </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">vehicles. Investments in Investment Funds present certain special considerations and risks not present in making direct </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">investments in Income Securities and Common Equity Securities. Investments in Investment Funds subject the Fund to the risks </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">affecting such Investment Funds and involve operating expenses and fees that are in addition to the expenses and fees borne by </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">the Fund. Such expenses and fees attributable to the Fund&#8217;s investment in another Investment Fund are borne indirectly by </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">Common Shareholders. Accordingly, investment in such entities involves expenses and fees at both levels. Fees charged by other </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">Investment Funds in which the Fund invests may be similar to the fees charged by the Fund and can include asset-based </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">management fees and administrative fees payable to such entities&#8217; advisers and managers, thus resulting in fees at both levels. </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">Fees charged by other Investment Funds in which the Fund invests may be similar to the fees charged by the Fund and can </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">include asset-based management fees and administrative fees payable to such entities&#8217; advisers and managers, thus resulting in </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">duplicative fees. To the extent management fees of Investment Funds are based on total gross assets, it may create an incentive </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">for such entities&#8217; managers to employ Financial Leverage, thereby adding additional expense and increasing volatility and risk </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">(including the Fund's overall exposure to financial leverage risk). Fees payable to advisers and managers of Investment Funds </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">may include performance-based incentive fees calculated as a percentage of profits. Such incentive fees directly reduce the </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">return that otherwise would have been earned by investors over the applicable period. Fees payable to advisers and managers of </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">Investment Funds may include performance-based incentive fees calculated as a percentage of profits. Such incentive fees </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">directly reduce the return that otherwise would have been earned by investors over the applicable period. A performance-based </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">fee arrangement may create incentives for an adviser or manager to take greater investment risks in the hope of earning a higher </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">profit participation. Investments in Investment Funds frequently expose the Fund to an additional layer of Financial Leverage. </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">Investments in Investment Funds expose the Fund to additional management risk. The success of the Fund&#8217;s investments in </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">Investment Funds will depend in large part on the investment skills and implementation abilities of the advisers or managers of </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">such entities. Decisions made by the advisers or managers of such entities may cause the Fund to incur losses or to miss profit </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">opportunities. While the Sub-Adviser will seek to evaluate managers of Investment Funds and where possible independently </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">evaluate the underlying assets, a substantial degree of reliance on such entities&#8217; managers is nevertheless present with such </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">investments.</span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; line-height: 12.02pt;"> </span></div>  <div style="line-height: 12.02pt; margin-top: 9.81pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;">In October 2020, the SEC adopted certain regulatory changes and took other actions related to the ability of an </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">investment company to invest in another investment company (which, in certain instances, may also limit a fund&#8217;s ability to </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">invest in certain types of structured finance vehicles). These changes include, among other things, amendments to Rule 12d1-1, </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">the rescission of Rule 12d1-2, the adoption of Rule 12d1-4, and the rescission of certain exemptive relief issued by the SEC </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">permitting such investments in excess of statutory limits and the withdrawal of certain related SEC staff no-action letters. These </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">changes and actions may adversely impact the Fund&#8217;s investment strategies and operations, as well as those of the underlying </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">investment vehicles in which the Fund invests or other funds that invest in the Fund.</span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; line-height: 12.02pt;"> </span></div> <span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_cef_RiskAxis=gsof_InflationDeflationRiskMember', window );">Inflation Deflation Risk [Member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_cef_GeneralDescriptionOfRegistrantAbstract', window );"><strong>General Description of Registrant [Abstract]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_cef_RiskTextBlock', window );">Risk [Text Block]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text"> <div style="line-height: 12.02pt; margin-top: 9.91pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-weight: bold;">Inflation/Deflation Risk</span></div>  <div style="line-height: 12.02pt; margin-top: 9.90pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;">Inflation risk is the risk that the value of assets or income from investments will be worth less in the future as inflation </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">decreases the purchasing power and value of money. </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">As inflation increases, the real value of the Common Shares and </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">distributions can decline. Inflation rates may change frequently and significantly as a result of various factors, including </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">unexpected shifts in the domestic or global economy and changes in monetary or economic policies (or expectations that these </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">policies may change), and the Fund&#8217;s investments may not keep pace with inflation, which would adversely affect the Fund. This </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">risk is significantly elevated compared to normal conditions because of recent monetary policy measures and the current low </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">interest rate environment. In addition, during any periods of rising inflation, the dividend rates or borrowing costs associated </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">with the Fund&#8217;s use of Financial Leverage would likely increase, which would tend to further reduce returns to Common </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">Shareholders. Deflation risk is the risk that prices throughout the economy decline over time&#8212;the opposite of inflation. </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">Deflation may have an adverse affect on the creditworthiness of issuers and may make issuer default more likely, which may </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">result in a decline in the value of the Fund&#8217;s portfolio.</span></div> <span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_cef_RiskAxis=gsof_MarketDiscountRiskMember', window );">Market Discount Risk [Member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_cef_GeneralDescriptionOfRegistrantAbstract', window );"><strong>General Description of Registrant [Abstract]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_cef_RiskTextBlock', window );">Risk [Text Block]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text"> <div style="line-height: 12.02pt; margin-top: 10.00pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-weight: bold;">Market Discount Risk</span></div>  <div style="line-height: 12.02pt; margin-top: 10.00pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;">The Fund&#8217;s Common Shares have traded both at a premium and at a discount in relation to net asset value. The Fund </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">cannot predict whether the Common Shares will trade in the future at a premium or discount to net asset value. </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">The Fund&#8217;s </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">Common Shares have recently traded at a premium to net asset value per share, which may not be sustainable. If the Common </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">Shares are trading at a premium to net asset value at the time you purchase Common Shares, the net asset value per share of the </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">Common Shares purchased will be less than the purchase price paid. Shares of closed-end investment companies frequently </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">trade at a discount from net asset value, but in some cases have traded above net asset value. The risk of the Common Shares </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">trading at a discount is a risk separate from the risk of a decline in the Fund&#8217;s net asset value as a result of the Fund&#8217;s investment </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">activities. The Fund&#8217;s net asset value will be reduced immediately following an offering of the Common Shares due to the costs </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">of such offering, which will be borne entirely by the Fund. The sale of Common Shares by the Fund (or the perception that such </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">sales may occur) may have an adverse effect on prices of Common Shares in the secondary market. An increase in the number of </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">Common Shares available may put downward pressure on the market price for Common Shares. The Fund may, from time to </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">time, seek the consent of Common Shareholders to permit the issuance and sale by the Fund of Common Shares at a price below </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">the Fund&#8217;s then current net asset value, subject to certain conditions, and such sales of Common Shares at price below net asset </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">value, if any, may increase downward pressure on the market price for Common Shares. These sales, if any, also might make it </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">more difficult for the Fund to sell additional Common Shares in the future at a time and price it deems appropriate.</span></div>  <div style="line-height: 12.02pt; margin-top: 10.00pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;">Whether a Common Shareholder will realize a gain or loss upon the sale of Common Shares depends upon whether the </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">market value of the Common Shares at the time of sale is above or below the price the Common Shareholder paid, taking into </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">account transaction costs for the Common Shares, and is not directly dependent upon the Fund&#8217;s net asset value. Because the </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">market value of the Common Shares will be determined by factors such as the relative demand for and supply of the shares in </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">the market, general market conditions and other factors outside the Fund&#8217;s control, the Fund cannot predict whether the </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">Common Shares will trade at, below or above net asset value, or at, below or above the public offering price for the Common </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">Shares. Common Shares of the Fund are designed primarily for long-term investors; investors in Common Shares should not </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">view the Fund as a vehicle for trading purposes.</span></div> <span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_cef_RiskAxis=gsof_FinancialLeverageAndLeveragedTransactionsRiskMember', window );">Financial Leverage and Leveraged Transactions Risk [Member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_cef_GeneralDescriptionOfRegistrantAbstract', window );"><strong>General Description of Registrant [Abstract]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_cef_RiskTextBlock', window );">Risk [Text Block]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text"> <div style="line-height: 12.02pt; margin-top: 9.80pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-weight: bold;">Financial Leverage and Leveraged Transactions Risk</span></div>  <div style="line-height: 12.02pt; margin-top: 9.90pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;">Although the use of Financial Leverage and leveraged transactions by the Fund may create an opportunity for increased </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">after-tax total return for the Common Shares, it also results in additional risks and can magnify the effect of any losses. </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">If the </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">income and gains earned on securities purchased with Financial Leverage and leveraged transaction proceeds are greater than </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">the cost of Financial Leverage and leveraged transactions, the Fund&#8217;s return will be greater than if Financial Leverage and </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">leveraged transactions had not been used. Conversely, if the income or gains from the securities purchased with such proceeds </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">does not cover the cost of Financial Leverage and leveraged transactions, the return to the Fund will be less than if Financial </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">Leverage and leveraged transactions had not been used. There can be no assurance that a leveraging strategy will be </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">implemented or that it will be successful during any period during which it is employed.</span></div>  <div style="line-height: 12.02pt; margin-top: 9.90pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;">Financial Leverage and leveraged transactions are speculative techniques that exposes the Fund to greater risk and </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">increased costs than if they were not implemented. Increases and decreases in the value of the Fund&#8217;s portfolio will be magnified </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">when the Fund uses Financial Leverage and leveraged transactions. As a result, Financial Leverage and leveraged transactions </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">may cause greater changes in the Fund&#8217;s NAV and returns than if Financial Leverage and leveraged transactions had not been </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">used. The Fund will also have to pay interest on its indebtedness, if any, which may reduce the Fund&#8217;s return. This interest </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">expense may be greater than the Fund&#8217;s return on the underlying investment, which would negatively affect the performance of </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">the Fund.</span></div>  <div style="line-height: 12.02pt; margin-top: 9.90pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;">Financial Leverage and the use of leveraged transactions involve risks and special considerations for shareholders, </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">including the likelihood of greater volatility of NAV and market price of and dividends on the Common Shares than a </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">comparable portfolio without leverage; the risk that fluctuations in interest rates on Borrowings or in the dividend rate on any </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">Preferred Shares that the Fund must pay will reduce the return to the Common Shareholders; and the effect of Financial </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">Leverage and leveraged transactions in a declining market, which is likely to cause a greater decline in the NAV of the Common </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">Shares than if the Fund were not leveraged, which may result in a greater decline in the market price of the Common Shares.</span></div>  <div style="line-height: 12.02pt; margin-top: 9.90pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;">Because the fees received by the Investment Adviser and Sub-Adviser are based on the Managed Assets of the Fund </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">(including the proceeds of any Financial Leverage), the Investment Adviser and Sub-Adviser have a financial incentive for the </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">Fund to utilize Financial Leverage, which may create a conflict of interest between the Investment Adviser and the Sub-Adviser </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">on the one hand and the Common Shareholders on the other. Common Shareholders bear the portion of the investment advisory </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">fee attributable to the assets purchased with the proceeds of Financial Leverage, which means that Common Shareholders </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">effectively bear the entire advisory fee. In order to manage this conflict of interest, the Board receives regular reports from the </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">Adviser regarding the Fund&#8217;s use of Financial Leverage and the effect of Financial Leverage on the management of the Fund&#8217;s </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">portfolio and the performance of the Fund.</span></div>  <div style="line-height: 12.02pt; margin-top: 9.90pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;">Borrowings may subject the Fund to covenants in credit agreements relating to asset coverage and portfolio composition </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">requirements. Borrowings by the Fund also may subject the Fund to certain restrictions on investments imposed by guidelines of </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">one or more rating agencies, which may issue ratings for such indebtedness. Such guidelines may impose asset coverage or </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">portfolio composition requirements that are more stringent than those imposed by the 1940 Act. It is not anticipated that these </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">covenants or guidelines will impede the Adviser from managing the Fund&#8217;s portfolio in accordance with the Fund&#8217;s investment </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">objective and policies.</span></div>  <div style="line-height: 12.02pt; margin-top: 9.90pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;">The Fund may enter into reverse repurchase agreements with the same parties with whom they may enter into repurchase </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">agreements (as described below). Under a reverse repurchase agreement, the Fund would sell securities or other assets and agree </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">to repurchase them at a particular price at a future date. Reverse repurchase agreements involve the risks that the interest income </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">earned on the investment of the proceeds will be less than the interest expense and Fund expenses associated with the repurchase </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">agreement, that the market value of the securities or other assets sold by the Fund may decline below the price at which the Fund </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">is obligated to repurchase such securities and that the securities may not be returned to the Fund. There is no assurance that </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">reverse repurchase agreements can be successfully employed. In the event of the insolvency of the counterparty to a reverse </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">repurchase agreement, recovery of the securities or other assets sold by the Fund may be delayed. The counterparty&#8217;s insolvency </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">may result in a loss equal to the amount by which the value of the securities or other assets sold by the Fund exceeds the </span></div>  <div style="line-height: 12.02pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">repurchase price payable by the Fund; if the value of the purchased securities or other assets increases during such a delay, that </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">loss may also be increased. When the Fund enters into a reverse repurchase agreement, any fluctuations in the market value of </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">either the securities or other assets transferred to another party or the securities or other assets in which the proceeds may be </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">invested would affect the market value of the Fund&#8217;s assets. As a result, such transactions may increase fluctuations in the net </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">asset value of the Fund&#8217;s Common Shares.</span></div>  <div style="line-height: 12.02pt; margin-top: 9.81pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;">The Fund may enter into dollar roll transactions, in which the Fund sells a mortgage-backed or other security for </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">settlement on one date and buys back a substantially similar security (but not the same security) for settlement at a later date. </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">During the roll period, the Fund gives up the principal and interest payments on the security, but may invest the sale proceeds. </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">When the Fund enters into a dollar roll transaction, any fluctuation in the market value of the security transferred or the </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">securities in which the sales proceeds are invested can affect the market value of the Fund&#8217;s assets, and therefore, the Fund&#8217;s </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">NAV. Successful use of dollar rolls may depend upon the Sub-Adviser&#8217;s ability to correctly predict interest rates and </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">prepayments. There is no assurance that dollar rolls can be successfully employed. Dollar roll transactions may sometimes be </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">considered the practical equivalent of Borrowing and constitute leverage. Dollar roll transactions also involve the risk that the </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">market value of the securities the Fund is required to deliver may decline below the agreed upon repurchase price of those </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">securities. In addition, in the event that the Fund&#8217;s counterparty becomes insolvent or otherwise unable or unwilling to perform </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">its obligations, the Fund&#8217;s use of the proceeds may become restricted pending a determination as to whether to enforce the </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">Fund&#8217;s obligation to purchase the substantially similar securities.</span></div>  <div style="line-height: 12.02pt; margin-top: 9.90pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;">The Fund may engage in certain derivatives transactions that have economic characteristics similar to leverage. Under </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">current regulatory requirements, to the extent the terms of any such transaction obligate the Fund to make payments, to mitigate </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">leveraging risk and otherwise comply with regulatory requirements, the Fund must segregate or earmark liquid assets to meet its </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">obligations under, or otherwise cover, the transactions that may give rise to this risk. Securities so segregated or designated as </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">&#8220;cover&#8221; will be unavailable for sale by the Sub- Adviser (unless replaced by other securities qualifying for segregation or cover </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">requirements), which may adversely affect the ability of the Fund to pursue its investment objective.</span></div>  <div style="line-height: 12.02pt; margin-top: 9.91pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;">The Fund may have Financial Leverage and leveraged transactions outstanding during a short-term period during which </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">such Financial Leverage and leveraged transactions may not be beneficial to the Fund if the Adviser believes that the long-term </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">benefits to Common Shareholders of such Financial Leverage and leveraged transactions would outweigh the costs and portfolio </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">disruptions associated with redeeming and reissuing or closing out and reopening such Financial Leverage and leveraged </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">transactions. However, there can be no assurance that the Adviser&#8217;s judgment in weighing such costs and benefits will be correct.</span></div>  <div style="line-height: 12.02pt; margin-top: 9.90pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;">Recent economic and market events have contributed to severe market volatility at times and caused severe liquidity </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">strains in the credit markets during some periods. If dislocations in the credit markets continue, the Fund&#8217;s leverage costs may </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">increase and there is a risk that the Fund may not be able to renew or replace existing leverage on favorable terms or at all. If the </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">cost of leverage is no longer favorable, or if the Fund is otherwise required to reduce its leverage, the Fund may not be able to </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">maintain distributions on Common Shares at historical levels and Common Shareholders will bear any costs associated with </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">selling portfolio securities.</span></div>  <div style="line-height: 12.02pt; margin-top: 9.90pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;">The Fund&#8217;s total Financial Leverage and leveraged transactions may vary significantly over time. To the extent the Fund </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">increases its amount of Financial Leverage and leveraged transactions outstanding, it will be more exposed to these risks. The </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">Fund may also be exposed to the risks associated with Financial Leverage through its investments in Investment Funds.</span></div> <span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_cef_RiskAxis=gsof_PortfolioTurnoverRiskMember', window );">Portfolio Turnover Risk [Member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_cef_GeneralDescriptionOfRegistrantAbstract', window );"><strong>General Description of Registrant [Abstract]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_cef_RiskTextBlock', window );">Risk [Text Block]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text"> <div style="line-height: 12.02pt; margin-top: 10.30pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-weight: bold;">Portfolio Turnover Risk</span></div>  <div style="line-height: 12.02pt; margin-top: 10.30pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;">The Fund&#8217;s annual portfolio turnover rate may vary greatly from year to year. Portfolio turnover rate is not considered a </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">limiting factor in the execution of investment decisions for the Fund. A higher portfolio turnover rate results in correspondingly </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">greater brokerage commissions and other transactional expenses that are borne by the Fund. High portfolio turnover may result </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">in an increased realization of net short-term capital gains by the Fund which, when distributed to Common Shareholders, will be </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">taxable as ordinary income. Additionally, in a declining market, portfolio turnover may create realized capital losses. See &#8220;U.S. </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">Federal Income Tax Considerations.&#8221;</span></div> <span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_cef_RiskAxis=gsof_LegislationAndRegulationRiskMember', window );">Legislation and Regulation Risk [Member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_cef_GeneralDescriptionOfRegistrantAbstract', window );"><strong>General Description of Registrant [Abstract]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_cef_RiskTextBlock', window );">Risk [Text Block]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text"> <div style="line-height: 12.02pt; margin-top: 10.29pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-weight: bold;">Legislation and Regulation Risk</span></div>  <div style="line-height: 12.02pt; margin-top: 10.30pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;">At any time after the date hereof, U.S. and non-U.S. governmental agencies and other regulators may implement </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">additional regulations and legislators may pass new laws that affect the investments held by the Fund, the strategies used by the </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">Fund or the level of regulation or taxation applying to the Fund (such as regulations related to investments in derivatives and </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">other transactions). These regulations and laws impact the investment strategies, performance, costs and operations of the Fund, </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">as well as the way investments in, and shareholders of, the Fund are taxed.</span></div> <span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_cef_RiskAxis=gsof_LIBORReplacementRiskMember', window );">LIBOR Replacement Risk [Member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_cef_GeneralDescriptionOfRegistrantAbstract', window );"><strong>General Description of Registrant [Abstract]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_cef_RiskTextBlock', window );">Risk [Text Block]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text"> <div style="line-height: 12.02pt; margin-top: 10.29pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-weight: bold;">LIBOR Replacement Risk</span></div>  <div style="line-height: 12.02pt; margin-top: 10.30pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;">The terms of many investments, financings or other transactions in the U.S. and globally have been historically tied to </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">interbank reference rates (referred to collectively as the &#8220;London Interbank Offered Rate&#8221; or &#8220;LIBOR&#8221;), which function as a </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">reference rate or benchmark for such investments, financings or other transactions. </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">LIBOR may be a significant factor in </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">determining payment obligations under derivatives transactions, the cost of financing of Fund investments or the value or return </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">on certain other Fund investments. As a result, LIBOR may be relevant to, and directly affect, the Fund&#8217;s performance.</span></div>  <div style="line-height: 12.02pt; margin-top: 10.30pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;">On July 27, 2017, the Chief Executive of the Financial Conduct Authority (&#8220;FCA&#8221;), the United Kingdom&#8217;s financial </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">regulatory body and regulator of LIBOR, announced that after 2021 it will cease its active encouragement of banks to provide </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">the quotations needed to sustain LIBOR due to the absence of an active market for interbank unsecured lending and other </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">reasons. On March&#160;5, 2021, the FCA and the LIBOR administrator announced that most tenors and settings of LIBOR will be </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">officially discontinued on December&#160;31, 2021 and the most widely used U.S. dollar LIBOR tenors will be discontinued on </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">June&#160;30, 2023 and that such LIBOR rates will no longer be sufficiently robust to be representative of their underlying markets </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">around that time. Various financial industry groups have begun planning for that transition and certain regulators and industry </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">groups have taken actions to establish alternative reference rates (e.g., the Secured Overnight Financing Rate, which measures </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">the cost of overnight borrowings through repurchase agreement transactions collateralized with U.S. Treasury securities and is </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">intended to replace U.S. dollar LIBOR with certain adjustments). However, there are challenges to converting contracts and </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">transactions to a new benchmark and neither the full effects of the transition process nor its ultimate outcome is known.</span></div>  <div style="line-height: 12.02pt; margin-top: 10pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;">The transition process might lead to increased volatility and illiquidity in markets for instruments with terms tied to </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">LIBOR. It could also lead to a reduction in the interest rates on, and the value of, some LIBOR-based investments and reduce </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">the effectiveness of hedges mitigating risk in connection with LIBOR-based investments. Although some LIBOR-based </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">instruments may contemplate a scenario where LIBOR is no longer available by providing for an alternative rate-setting </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">methodology or increased costs for certain LIBOR-related instruments or financing transactions, others may not have such </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">provisions and there may be significant uncertainty regarding the effectiveness of any such alternative methodologies. </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">Instruments that include robust fallback provisions to facilitate the transition from LIBOR to an alternative reference rate may </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">also include adjustments that do not adequately compensate the holder for the different characteristics of the alternative </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">reference rate. The result may be that the fallback provision results in a value transfer from one party to the instrument to the </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">counterparty. Additionally, because such provisions may differ across instruments (e.g., hedges versus cash positions hedged), </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">LIBOR&#8217;s cessation may give rise to basis risk and render hedges less effective. As the usefulness of LIBOR as a benchmark </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">could deteriorate during the transition period, these effects and related adverse conditions could occur prior to the end of some </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">LIBOR tenors in 2021 or the remaining LIBOR tenors in mid-2023. There also remains uncertainty and risk regarding the </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">willingness and ability of issuers to include enhanced provisions in new and existing contracts or instruments. The effect of any </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">changes to, or discontinuation of, LIBOR on the Fund will vary depending, among other things, on (1) existing fallback or </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">termination provisions in individual contracts and the possible renegotiation of existing contracts and (2) whether, how, and </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">when industry participants develop and adopt new reference rates and fallbacks for both legacy and new products and </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">instruments. Fund investments may also be tied to other interbank offered rates and currencies, which also will face similar </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">issues. In many cases, in the event that an instrument falls back to an alternative reference rate, including the Secured Overnight </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">Financing Rate (&#8220;SOFR&#8221;), the alternative reference rate will not perform the same as LIBOR because the alternative reference </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">rates do not include a credit sensitive component in the calculation of the rate. The alternative reference rates are generally </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">secured by U.S. treasury securities and will reflect the performance of the market for U.S. treasury securities and not the inter-bank</span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"> lending markets. In the event of a credit crisis, floating rate instruments using alternative reference rates could therefore </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">perform differently than those instruments using a rate indexed to the inter-bank lending market.</span></div>  <div style="line-height: 12.02pt; margin-top: 10.30pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;">The state of New York recently adopted legislation that would require LIBOR-based contracts that do not include a </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">fallback to a rate other than LIBOR or an inter-bank quotation poll to use a SOFR-based rate plus a spread adjustment. Pending </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">legislation in the U.S. Congress may also affect the transition of LIBOR-based instruments as well by permitting trustees and </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">calculation agents to transition instruments with no LIBOR transition language to an alternative reference rate selected by such </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">agents. The New York statute and the federal legislative proposal includes safe harbors from liability, which may limit the </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">recourse the Fund may have if the alternative reference rate does not fully compensate the Fund for the transition of an </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">instrument from LIBOR. If enacted, the federal legislation may also preempt the New York statute, which may create uncertainty </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">to the extent a party has sought to rely on the New York statute to select a replacement benchmark rate.</span></div>  <div style="line-height: 12.02pt; margin-top: 10.30pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;">These developments could negatively affect financial markets in general and present heightened risks, including with </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">respect to the Fund&#8217;s investments. As a result of this uncertainty and developments relating to the transition process, the Fund </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">and its investments may be adversely affected.</span></div> <span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_cef_RiskAxis=gsof_RecentMarketDevelopmentsRiskMember', window );">Recent Market Developments Risk [Member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_cef_GeneralDescriptionOfRegistrantAbstract', window );"><strong>General Description of Registrant [Abstract]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_cef_RiskTextBlock', window );">Risk [Text Block]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text"> <div style="line-height: 12.02pt; margin-top: 10.30pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-weight: bold;">Recent Market Developments Risk</span></div>  <div style="line-height: 12.02pt; margin-top: 10.29pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;">Periods of market volatility remain, and may continue to occur in the future, in response to various political, social, </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">economic and public health events both within and outside of the United States. </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">These conditions have resulted in, and in many </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">cases continue to result in, greater price volatility, less liquidity, widening credit spreads and a lack of price transparency, with </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">certain securities remaining illiquid and of uncertain value. Such market conditions may adversely affect the Fund, including by </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">making valuation of some of the Fund&#8217;s securities uncertain and/or result in sudden and significant valuation increases or </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">declines in the Fund&#8217;s holdings. If there is a significant decline in the value of the Fund&#8217;s portfolio, this may impact the asset </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">coverage levels for the Fund&#8217;s outstanding leverage.</span></div>  <div style="line-height: 12.02pt; margin-top: 10.30pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">Risks resulting from any future debt or other economic or public health crisis could also have a detrimental impact on the global </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">economic recovery, the financial condition of financial institutions and the Fund&#8217;s business, financial condition and results of </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">operation. Market and economic disruptions have affected, and may in the future affect, consumer confidence levels and </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">spending, personal bankruptcy rates, levels of incurrence and default on consumer debt and home prices, among other factors. </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">To the extent uncertainty regarding the U.S. or global economy negatively impacts consumer confidence and consumer credit </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">factors, the Fund&#8217;s business, financial condition and results of operations could be significantly and adversely affected. </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">Downgrades to the credit ratings of major banks could result in increased borrowing costs for such banks and negatively affect </span></div>  <div style="line-height: 12.02pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">the broader economy. Moreover, Federal Reserve policy, including with respect to certain interest rates, may also adversely </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">affect the value, volatility and liquidity of dividend- and interest-paying securities. Market volatility, rising interest rates and/or </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">unfavorable economic conditions could impair the Fund&#8217;s ability to achieve its investment objective.</span></div>  <div style="line-height: 12.02pt; margin-top: 10.39pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;">The outbreak of COVID-19 and the current recovery underway has caused disruption to consumer demand and economic </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">output and supply chains. There are still travel restrictions and quarantines, and adverse impacts on local and global economies. </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">As with other serious economic disruptions, governmental authorities and regulators have in the past responded (and may in the </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">future respond to similar crises) to this crisis with significant fiscal and monetary policy changes, including by providing direct </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">capital infusions into companies, introducing new monetary programs and considerably lowering interest rates, which, in some </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">cases resulted in negative interest rates and higher inflation. These actions, including their possible unexpected or sudden </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">reversal or potential ineffectiveness, could further increase volatility in securities and other financial markets, reduce market </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">liquidity, continue to cause higher inflation, heighten investor uncertainty and adversely affect the value of the Fund&#8217;s </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">investments and the performance of the Fund.</span></div> <span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_cef_RiskAxis=gsof_IncreasingGovernmentAndOtherPublicDebtRiskMember', window );">Increasing Government and other Public Debt Risk [Member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_cef_GeneralDescriptionOfRegistrantAbstract', window );"><strong>General Description of Registrant [Abstract]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_cef_RiskTextBlock', window );">Risk [Text Block]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text"> <div style="line-height: 12.02pt; margin-top: 10.29pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-weight: bold;">Increasing Government and other Public Debt Risk</span></div>  <div style="line-height: 12.02pt; margin-top: 10.30pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;">Government and other public debt, including municipal obligations in which the Fund may invest, can be adversely </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">affected by large and sudden changes in local and global economic conditions that result in increased debt levels. </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">Although high </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">levels of government and other public debt do not necessarily indicate or cause economic problems, high levels of debt may </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">create certain systemic risks if sound debt management practices are not implemented. A high debt level may increase market </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">pressures to meet an issuer&#8217;s funding needs, which may increase borrowing costs and cause a government or public or municipal </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">entity to issue additional debt, thereby increasing the risk of refinancing. A high debt level also raises concerns that the issuer </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">may be unable or unwilling to repay the principal or interest on its debt, which may adversely impact instruments held by the </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">Fund that rely on such payments. Extraordinary governmental and quasigovernmental responses to the current economic, </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">market, labor and public health conditions are significantly increasing government and other public debt, which heighten these </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">risks and the long term consequences of these actions are not known. Unsustainable debt levels can decline the valuation of </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">currencies, and can prevent a government from implementing effective counter-cyclical fiscal policy during economic </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">downturns or can lead to increases in inflation or generate or contribute to an economic downturn.</span></div> <span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_cef_RiskAxis=gsof_MunicipalSecuritiesRiskMember', window );">Municipal Securities Risk [Member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_cef_GeneralDescriptionOfRegistrantAbstract', window );"><strong>General Description of Registrant [Abstract]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_cef_RiskTextBlock', window );">Risk [Text Block]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text"> <div style="line-height: 12.02pt; margin-top: 10.30pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-weight: bold;">Municipal Securities Risk</span></div>  <div style="line-height: 12.02pt; margin-top: 10.30pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;">Municipal securities are subject to a variety of risks, including credit, interest, prepayment, liquidity, and valuation risks. </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">In addition, municipal securities can be adversely affected by (i) unfavorable legislative, political or other developments or </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">events, including natural disasters and public health conditions, and (ii) changes in the economic and fiscal conditions of issuers </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">of municipal securities or the federal government (in cases where it provides financial support to such issuers). Municipal </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">securities may be fully or partially backed by the taxing authority or revenue of a local government, the credit of a private issuer, </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">or the current or anticipated revenues from a specific project, which may be adversely affected as a result of economic and </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">public health conditions. </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">Certain sectors of the municipal bond market have special risks that can affect them more significantly </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">than the market as a whole. Because many municipal instruments are issued to finance similar projects (such as education, </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">health care, transportation and utilities), conditions in these industries can significantly affect the overall municipal market. </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">Municipal securities that are insured may be adversely affected by developments relevant to that particular insurer, or more </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">general developments relevant to the market as a whole. Municipal securities can be difficult to value and be less liquid than </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">other investments, which may affect performance.</span></div>  <div style="line-height: 12.02pt; margin-top: 10.30pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;">Investments in municipal securities are subject to risks associated with the financial health of the issuers of such </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">securities or the revenue associated with underlying projects. For example, the current COVID-19 pandemic has significantly </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">stressed the financial resources of many municipalities and other issuers of municipal securities, which may impair their ability </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">to meet their financial obligations and may harm the value or liquidity of the Fund&#8217;s investments in municipal securities. In </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">particular, responses by municipalities and other governmental authorities to the COVID-19 pandemic have caused disruptions </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">in business and other activities. These and other effects of the COVID-19 pandemic, such as increased unemployment levels, </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">have impacted tax and other revenues of municipalities and other issuers of municipal securities and the financial conditions of </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">such issuers. In addition, in response to the COVID-19 pandemic, governmental authorities and regulators have enacted and are </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">enacting significant fiscal and monetary policy changes, which present heightened risks to municipal securities, and such risks </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">could be even further heightened if these actions are unexpectedly or suddenly discontinued, disrupted, reversed or are </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">ineffective in achieving their desired outcomes or lead to increases in inflation. Furthermore, governmental authorities have </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">proposed various forms of relief for municipal issuers. As a result, there is an increased budgetary and financial pressure on </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">municipalities and other issuers of municipal securities and heightened risk of default or other adverse credit or similar events </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">for issuers of municipal securities, which would adversely impact the Fund&#8217;s investments.</span></div> <span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_cef_RiskAxis=gsof_RepurchaseAgreementRiskMember', window );">Repurchase Agreement Risk [Member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_cef_GeneralDescriptionOfRegistrantAbstract', window );"><strong>General Description of Registrant [Abstract]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_cef_RiskTextBlock', window );">Risk [Text Block]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text"> <div style="line-height: 12.02pt; margin-top: 9.80pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-weight: bold;">Repurchase Agreement Risk</span></div>  <div style="line-height: 12.02pt; margin-top: 9.80pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;">The Fund may enter into bilateral and tri-party repurchase agreements. In a typical Fund repurchase agreement, the Fund </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">enters into a contract with a broker, dealer, or bank (the &#8220;counterparty&#8221; to the transaction) for the purchase of securities or other </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">assets. The counterparty agrees to repurchase the securities or other assets at a specified future date, or on demand, for a price </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">that is sufficient to return to the Fund its original purchase price, plus an additional amount representing the return on the Fund&#8217;s </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">investment. </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">Such repurchase agreements economically function as a secured loan from the Fund to a counterparty. If the </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">counterparty defaults on the repurchase agreement, the Fund will retain possession of the underlying securities or other assets. If </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">bankruptcy proceedings are commenced with respect to the seller, realization on the collateral by the Fund may be delayed or </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">limited and the Fund may incur additional costs. In such case, the Fund will be subject to risks associated with changes in </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">market value of the collateral securities or other assets. Each Fund intends to enter into repurchase agreements only with </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">brokers, dealers, or banks or other permitted counterparties after the Adviser (or Sub-Adviser) evaluates the creditworthiness of </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">the counterparty. The Fund will not enter into repurchase agreements with the Investment Adviser or Sub-Adviser or their </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">affiliates. Except as described elsewhere in this SAI and as provided under applicable law, the Fund may enter into repurchase </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">agreements without limitation.</span></div>  <div style="line-height: 12.02pt; margin-top: 9.90pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;">Repurchase agreements collateralized fully by cash items, U.S. government securities or by securities issued by an issuer </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">that the Fund&#8217;s Board of Trustees, or its delegate, has determined at the time the repurchase agreement is entered into has an </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">exceptionally strong capacity to meet its financial obligations (&#8220;Qualifying Collateral&#8221;) and meet certain liquidity standards </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">generally may be deemed to be &#8220;collateralized fully&#8221; and may be deemed to be investments in the underlying securities for </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">certain purposes. The Fund may accept collateral other than Qualifying Collateral determined by the Investment Adviser or Sub-Adviser</span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"> to be in the best interests of the Fund to accept as collateral for such repurchase agreement (which may include high </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">yield debt instruments that are rated below investment grade) (&#8220;Alternative Collateral&#8221;). Repurchase agreements secured by </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">Alternative Collateral are not deemed to be &#8220;collateralized fully&#8221; under applicable regulations and the repurchase agreement is </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">therefore considered a separate security issued by the counterparty to the Fund. Accordingly, the Fund must include repurchase </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">agreements that are not &#8220;collateralized fully&#8221; in its calculations of securities issued by the selling institution held by the Fund for </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">purposes of various portfolio diversification and concentration requirements applicable to the Fund. In addition, Alternative </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">Collateral may not qualify as permitted or appropriate investments for the Fund under the Fund&#8217;s investment strategies and </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">limitations. Accordingly, if a counterparty to a repurchase agreement defaults and the Fund takes possession of Alternative </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">Collateral, the Fund may need to promptly dispose of the Alternative Collateral (or other securities held by the Fund, if the Fund </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">exceeds a limitation on a permitted investment by virtue of taking possession of the Alternative Collateral). The Alternative </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">Collateral may be particularly illiquid, especially in times of market volatility or in the case of a counterparty insolvency or </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">bankruptcy, which may restrict the Fund&#8217;s ability to dispose of Alternative Collateral received from the counterparty. Depending </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">on the terms of the repurchase agreement, the Fund may determine to sell the collateral during the term of the repurchase </span></div>  <div style="line-height: 12.02pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">agreement and then purchase the same collateral at the market price at the time of the resale. (See &#8220;Short Sales&#8221;). In tri-party </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">repurchase agreements, an unaffiliated third party custodian maintains accounts to hold collateral for the Fund and its </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">counterparties and, therefore, the Fund may be subject to the credit risk of those custodians. Securities subject to repurchase </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">agreements (other than tri-party repurchase agreements) and purchase and sale contracts will be held by the Fund&#8217;s custodian (or </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">sub-custodian) in the Federal Reserve/Treasury book-entry system or by another authorized securities depository.</span></div> <span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_cef_RiskAxis=gsof_MarketDisruptionAndGeopoliticalRiskMember', window );">Market Disruption and Geopolitical Risk [Member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_cef_GeneralDescriptionOfRegistrantAbstract', window );"><strong>General Description of Registrant [Abstract]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_cef_RiskTextBlock', window );">Risk [Text Block]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text"> <div style="line-height: 12.02pt; margin-top: 10pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-weight: bold;">Market Disruption and Geopolitical Risk</span></div>  <div style="line-height: 12.02pt; margin-top: 9.90pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;">The Fund does not know and cannot predict how long the securities markets may be affected by geopolitical events and </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">the effects of these and similar events in the future on the U.S. economy and securities markets. </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">The Fund may be adversely </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">affected by abrogation of international agreements and national laws which have created the market instruments in which the </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">Fund may invest, failure of the designated national and international authorities to enforce compliance with the same laws and </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">agreements, failure of local, national and international organization to carry out their duties prescribed to them under the </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">relevant agreements, revisions of these laws and agreements which dilute their effectiveness or conflicting interpretation of </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">provisions of the same laws and agreements. The Fund may be adversely affected by uncertainties such as terrorism, </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">international political developments, and changes in government policies, taxation, restrictions on foreign investment and </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">currency repatriation, currency fluctuations and other developments in the laws and regulations of the countries in which it is </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">invested and the risks associated with financial, economic, public health, labor and other global market developments and </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">disruptions.</span></div> <span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_cef_RiskAxis=gsof_StructuredFinanceInvestmentsRiskMember', window );">Structured Finance Investments Risk [Member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_cef_GeneralDescriptionOfRegistrantAbstract', window );"><strong>General Description of Registrant [Abstract]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_cef_RiskTextBlock', window );">Risk [Text Block]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text"> <div style="line-height: 12.02pt; margin-top: 10.30pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-weight: bold;">Structured Finance Investments Risk</span></div>  <div style="line-height: 12.02pt; margin-top: 10.29pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;">The Fund&#8217;s structured finance investments may include residential and commercial mortgage-related and other ABS </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">issued by governmental entities and private issuers. Holders of structured finance investments bear risks of the underlying </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">investments, index or reference obligation and are subject to counterparty risk. </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">The Fund may have the right to receive payments </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">only from the structured product, and generally does not have direct rights against the issuer or the entity that sold the assets to </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">be securitized. While certain structured finance investments enable the investor to acquire interests in a pool of securities </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">without the brokerage and other expenses associated with directly holding the same securities, investors in structured finance </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">investments generally pay their share of the structured product&#8217;s administrative and other expenses. Although it is difficult to </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">accurately predict whether the prices of indices and securities underlying structured finance investments will rise or fall, these </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">prices (and, therefore, the prices of structured finance investments) will be influenced by the same types of political, economic </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">and other events that affect issuers of securities and capital markets generally. If the issuer of a structured product uses shorter </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">term financing to purchase longer term securities, the issuer may be forced to sell its securities at below market prices if it </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">experiences difficulty in obtaining short-term financing, which may adversely affect the value of the structured finance </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">investment owned by the Fund.</span></div>  <div style="line-height: 12.02pt; margin-top: 10.30pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;">The Fund may invest in structured finance products collateralized by low grade or defaulted loans or securities. </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">Investments in such structured finance products are subject to the risks associated with below investment grade securities. Such </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">securities are characterized by high risk. It is likely that an economic recession could severely disrupt the market for such </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">securities and may have an adverse impact on the value of such securities.</span></div>  <div style="line-height: 12.02pt; margin-top: 10pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;">The Fund may invest in senior and subordinated classes issued by structured finance vehicles. The payment of cash flows </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">from the underlying assets to senior classes take precedence over those of subordinated classes, and therefore subordinated </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">classes are subject to greater risk. Furthermore, the leveraged nature of subordinated classes may magnify the adverse impact on </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">such class of changes in the value of the assets, changes in the distributions on the assets, defaults and recoveries on the assets, </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">capital gains and losses on the assets, prepayment on assets and availability, price and interest rates of assets.</span></div>  <div style="line-height: 12.02pt; margin-top: 9.90pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;">Structured finance securities may be thinly traded or have a limited trading market. Structured finance securities are </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">typically privately offered and sold, and thus are not registered under the securities laws. As a result, investments in structured </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">finance securities may be characterized by the Fund as illiquid securities; however, an active dealer market may exist which </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">would allow such securities to be considered liquid in some circumstances.</span></div> <span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_cef_RiskAxis=gsof_RisksAssociatedWithRiskLinkedSecuritiesMember', window );">Risks Associated with Risk Linked Securities [Member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_cef_GeneralDescriptionOfRegistrantAbstract', window );"><strong>General Description of Registrant [Abstract]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_cef_RiskTextBlock', window );">Risk [Text Block]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text"> <div style="line-height: 12.02pt; margin-top: 10.20pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-weight: bold;">Risks Associated with Risk-Linked Securities</span></div>  <div style="line-height: 12.02pt; margin-top: 10.20pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;">RLS are a form of derivative issued by insurance companies and insurance-related special purpose vehicles that apply </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">securitization techniques to catastrophic property and casualty damages. </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">Unlike other insurable low-severity, high-probability </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">events (such as auto collision coverage), the insurance risk of which can be diversified by writing large numbers of similar </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">policies, the holders of a typical RLS are exposed to the risks from high-severity, low-probability events such as that posed by </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">major earthquakes or hurricanes. RLS represent a method of reinsurance, by which insurance companies transfer their own </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">portfolio risk to other reinsurance companies and, in the case of RLS, to the capital markets. A typical RLS provides for income </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">and return of capital similar to other fixed-income investments, but involves full or partial default if losses resulting from a </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">certain catastrophe exceeded a predetermined amount. In essence, investors invest funds in RLS and if a catastrophe occurs that </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">&#8220;triggers&#8221; the RLS, investors may lose some or all of the capital invested. In the case of an event, the funds are paid to the bond </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">sponsor &#8212; an insurer, reinsurer or corporation &#8212; to cover losses. In return, the bond sponsors pay interest to investors for this </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">catastrophe protection. RLS can be structured to pay-off on three types of variables&#8212;insurance-industry catastrophe loss </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">indices, insure-specific catastrophe losses and parametric indices based on the physical characteristics of catastrophic events. </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">Such variables are difficult to predict or model, and the risk and potential return profiles of RLS may be difficult to assess. </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">Catastrophe-related RLS have been in use since the 1990s, and the securitization and risk-transfer aspects of such RLS are </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">beginning to be employed in other insurance and risk-related areas. No active trading market may exist for certain RLS, which </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">may impair the ability of the Fund to realize full value in the event of the need to liquidate such assets.</span></div> <span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_cef_RiskAxis=gsof_RisksAssociatedWithStructuredNotesMember', window );">Risks Associated with Structured Notes [Member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_cef_GeneralDescriptionOfRegistrantAbstract', window );"><strong>General Description of Registrant [Abstract]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_cef_RiskTextBlock', window );">Risk [Text Block]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text"> <div style="line-height: 12.02pt; margin-top: 10.20pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-weight: bold;">Risks Associated with Structured Notes</span></div>  <div style="line-height: 12.02pt; margin-top: 10.19pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;">Investments in structured notes involve risks associated with the issuer of the note and the reference instrument. Where </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">the Fund&#8217;s investments in structured notes are based upon the movement of one or more factors, including currency exchange </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">rates, interest rates, referenced bonds and stock indices, depending on the factor used and the use of multipliers or deflators, </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">changes in interest rates and movement of the factor may cause significant price fluctuations. Additionally, changes in the </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">reference instrument or security may cause the interest rate on the structured note to be reduced to zero, and any further changes </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">in the reference instrument may then reduce the principal amount payable on maturity. Structured notes may be less liquid than </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">other types of securities and more volatile than the reference instrument or security underlying the note.</span></div> <span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_cef_RiskAxis=gsof_SeniorLoansRiskMember', window );">Senior Loans Risk [Member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_cef_GeneralDescriptionOfRegistrantAbstract', window );"><strong>General Description of Registrant [Abstract]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_cef_RiskTextBlock', window );">Risk [Text Block]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text"> <div style="line-height: 12.02pt; margin-top: 10.20pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-weight: bold;">Senior Loans Risk</span></div>  <div style="line-height: 12.02pt; margin-top: 10.19pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;">The Fund may invest in senior secured floating rate Loans made to corporations and other non-governmental entities and </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">issuers (&#8220;Senior Loans&#8221;). Senior Loans typically hold the most senior position in the capital structure of the issuing entity, are </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">typically secured with specific collateral and typically have a claim on the assets of the borrower, including stock owned by the </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">borrower in its subsidiaries, that is senior to that held by junior lien creditors, subordinated debt holders and stockholders of the </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">borrower. The Fund&#8217;s investments in Senior Loans are typically below-investment grade and are considered speculative because </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">of the credit risk of the applicable issuer.</span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; line-height: 12.02pt;"> </span></div>  <div style="line-height: 12.02pt; margin-top: 10.10pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;">There is less readily-available, reliable information about most Senior Loans than is the case for many other types of </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">securities. In addition, there is rarely a minimum rating or other independent evaluation of a borrower or its securities, and the </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">Adviser relies primarily on its own evaluation of a borrower&#8217;s credit quality rather than on any available independent sources. As </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">a result, the Fund is particularly dependent on the analytical abilities of the Adviser with respect to investments in Senior Loans. </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">The Adviser&#8217;s judgment about the credit quality of a borrower may be wrong.</span></div>  <div style="line-height: 12.02pt; margin-top: 10.10pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;">The risks associated with Senior Loans of below-investment grade quality are similar to the risks of other lower grade </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">Income Securities, although Senior Loans are typically senior in payment priority and secured on a senior priority basis, in </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">contrast to subordinated and unsecured Income Securities. Senior Loans&#8217; higher priority has historically resulted in generally </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">higher recoveries in the event of a corporate reorganization. In addition, because their interest payments are adjusted for changes </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">in short-term interest rates, investments in Senior Loans have less interest rate risk than certain other lower grade Income </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">Securities, which may have fixed interest rates. The Fund&#8217;s investments in Senior Loans are typically below-investment grade </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">and are considered speculative because of the credit risk of their issuers. Such companies are more likely to default on their </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">payments of interest and principal owed to the Fund, and such defaults could reduce the Fund&#8217;s net asset value and income </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">distributions. An economic downturn generally leads to a higher non-payment rate, and a debt obligation may lose significant </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">value before a default occurs. Moreover, any specific collateral used to secure a Senior Loan may decline in value or become </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">illiquid, which would adversely affect the Senior Loan&#8217;s value.</span></div>  <div style="line-height: 12.02pt; margin-top: 10pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;">Economic and other events (whether real or perceived) can reduce the demand for certain Senior Loans or Senior Loans </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">generally, which may reduce market prices and cause the Fund&#8217;s net asset value per share to fall. The frequency and magnitude </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">of such changes cannot be predicted.</span></div>  <div style="line-height: 12.02pt; margin-top: 9.90pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;">Loans and other debt instruments are also subject to the risk of price declines due to increases in prevailing interest rates, </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">although floating-rate debt instruments are substantially less exposed to this risk than fixed-rate debt instruments. Interest rate </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">changes may also increase prepayments of debt obligations and require the Fund to invest assets at lower yields. No active </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">trading market may exist for certain Senior Loans, which may impair the ability of the Fund to realize full value in the event of </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">the need to liquidate such assets. Adverse market conditions may impair the liquidity of some actively traded Senior Loans.</span></div> <span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_cef_RiskAxis=gsof_SecondLienLoansRiskMember', window );">Second Lien Loans Risk [Member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_cef_GeneralDescriptionOfRegistrantAbstract', window );"><strong>General Description of Registrant [Abstract]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_cef_RiskTextBlock', window );">Risk [Text Block]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text"> <div style="line-height: 12.02pt; margin-top: 9.90pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-weight: bold;">Second Lien Loans Risk</span></div>  <div style="line-height: 12.02pt; margin-top: 9.90pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;">The Fund may invest in &#8220;second lien&#8221; secured floating rate Loans made by public and private corporations and other non-governmental</span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"> entities and issuers for a variety of purposes (&#8220;Second Lien Loans&#8221;). Second Lien Loans are typically second in </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">right of payment and/or second in right of priority with respect to collateral remedies to one or more Senior Loans of the related </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">borrower. </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">Second Lien Loans are subject to the same risks associated with investment in Senior Loans and other lower grade </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">Income Securities. However, Second Lien Loans are second in right of payment and/or second in right of priority with respect to </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">collateral remedies to Senior Loans and therefore are subject to the additional risk that the cash flow of the borrower and/or the </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">value of any property securing the Loan may be insufficient to meet scheduled payments or otherwise be available to repay the </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">Loan after giving effect to payments in respect of a Senior Loan, including payments made with the proceeds of any property </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">securing the Loan and any senior secured obligations of the borrower. Second Lien Loans are expected to have greater price </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">volatility and exposure to losses upon default than Senior Loans and may be less liquid. There is also a possibility that </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">originators will not be able to sell participations in Second Lien Loans, which would create greater credit risk exposure.</span></div> <span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_cef_RiskAxis=gsof_SubordinatedSecuredLoansRiskMember', window );">Subordinated Secured Loans Risk [Member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_cef_GeneralDescriptionOfRegistrantAbstract', window );"><strong>General Description of Registrant [Abstract]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_cef_RiskTextBlock', window );">Risk [Text Block]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text"> <div style="line-height: 12.02pt; margin-top: 9.90pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-weight: bold;">Subordinated Secured Loans Risk</span></div>  <div style="line-height: 12.02pt; margin-top: 10.00pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;">Subordinated secured Loans generally are subject to similar risks as those associated with investment in Senior Loans, </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">Second Lien Loans and below investment grade securities. </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">However, such loans may rank lower in right of payment than any </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">outstanding Senior Loans, Second Lien Loans or other debt instruments with higher priority of the borrower and therefore are </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">subject to additional risk that the cash flow of the borrower and any property securing the loan may be insufficient to meet </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">scheduled payments and repayment of principal in the event of default or bankruptcy after giving effect to the higher ranking </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">secured obligations of the borrower. Subordinated secured Loans are expected to have greater price volatility than Senior Loans </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">and Second Lien Loans and may be less liquid.</span></div> <span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_cef_RiskAxis=gsof_UnsecuredLoansRiskMember', window );">Unsecured Loans Risk [Member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_cef_GeneralDescriptionOfRegistrantAbstract', window );"><strong>General Description of Registrant [Abstract]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_cef_RiskTextBlock', window );">Risk [Text Block]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text"> <div style="line-height: 12.02pt; margin-top: 10.00pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-weight: bold;">Unsecured Loans Risk</span></div>  <div style="line-height: 12.02pt; margin-top: 10.00pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;">Unsecured Loans generally are subject to similar risks as those associated with investment in Senior Loans, Second Lien </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">Loans, subordinated secured Loans and below investment grade securities. However, because unsecured Loans have lower </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">priority in right of payment to any higher ranking obligations of the borrower and are not backed by a security interest in any </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">specific collateral, they are subject to additional risk that the cash flow of the borrower and available assets may be insufficient </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">to meet scheduled payments and repayment of principal after giving effect to any higher ranking obligations of the borrower. </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">Unsecured Loans are expected to have greater price volatility than Senior Loans, Second Lien Loans and subordinated secured </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">Loans and may be less liquid.</span></div> <span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_cef_RiskAxis=gsof_SovereignDebtRiskMember', window );">Sovereign Debt Risk [Member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_cef_GeneralDescriptionOfRegistrantAbstract', window );"><strong>General Description of Registrant [Abstract]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_cef_RiskTextBlock', window );">Risk [Text Block]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text"> <div style="line-height: 12.02pt; margin-top: 10.10pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-weight: bold;">Sovereign Debt Risk</span></div>  <div style="line-height: 12.02pt; margin-top: 10.10pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;">Investments in sovereign debt securities, such as foreign government debt or foreign treasury bills, involve special risks, </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">including the availability of sufficient foreign exchange on the date a payment is due, the relative size of the debt service burden </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">to the economy as a whole, the government debtor's policy towards the International Monetary Fund or international lenders, the </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">political constraints to which the debtor may be subject and other political considerations. </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">Periods of economic and political </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">uncertainty may result in the illiquidity and increased price volatility of sovereign debt securities held by the Fund. The </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">governmental authority that controls the repayment of sovereign debt may be unwilling or unable to repay the principal and/or </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">interest when due in accordance with the terms of such securities due to the extent of its foreign reserves. If an issuer of </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">sovereign debt defaults on payments of principal and/or interest, the Fund may have limited or no legal recourse against the </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">issuer and/or guarantor. In certain cases, remedies must be pursued in the courts of the defaulting party itself. For example, there </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">may be no bankruptcy or similar proceedings through which all or part of the sovereign debt that a governmental entity has not </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">repaid may be collected. There can be no assurance that the holders of commercial bank loans to the same sovereign entity may </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">not contest payments to the holders of sovereign debt in the event of default under commercial bank loan agreements.</span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; line-height: 12.02pt;"> </span></div>  <div style="line-height: 12.02pt; margin-top: 10.10pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;">Certain issuers of sovereign debt may be dependent on disbursements from foreign governments, multilateral agencies </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">and others abroad to reduce principal and interest arrearages on their debt. Such disbursements may be conditioned upon a </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">debtor&#8217;s implementation of economic reforms and/or economic performance and the timely service of such debtor&#8217;s obligations. </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">A failure on the part of the debtor to implement such reforms, achieve such levels of economic performance or repay principal </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">or interest when due may result in the cancellation of such third parties&#8217; commitments to lend funds to the debtor, which may </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">impair the debtor&#8217;s ability to service its debts on a timely basis. Foreign investment in certain sovereign debt is restricted or </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">controlled to varying degrees, including requiring governmental approval for the repatriation of income, capital or proceeds of </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">sales by foreign investors. These restrictions or controls may at times limit or preclude foreign investment in certain sovereign </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">debt and increase the costs and expenses of the Fund.</span></div>  <div style="line-height: 12.02pt; margin-top: 10.10pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;">As a holder of sovereign debt, the Fund may be requested to participate in the restructuring of such sovereign </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">indebtedness, including the rescheduling of payments and the extension of further loans to debtors, which may adversely affect </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">the Fund. There can be no assurance that such restructuring will result in the repayment of all or part of the debt. Sovereign debt </span></div>  <div style="line-height: 12.02pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">risk is increased for emerging market issuers and certain emerging market countries have declared moratoria on the payment of </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">principal and interest on external debt. Certain emerging market countries have experienced difficulty in servicing their </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">sovereign debt on a timely basis, which has led to defaults and the restructuring of certain indebtedness.</span></div> <span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_cef_RiskAxis=gsof_UKDepartureFromEUBrexitRiskMember', window );">UK Departure from EU Brexit Risk [Member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_cef_GeneralDescriptionOfRegistrantAbstract', window );"><strong>General Description of Registrant [Abstract]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_cef_RiskTextBlock', window );">Risk [Text Block]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text"> <div style="line-height: 12.02pt; margin-top: 9.80pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-weight: bold;">UK Departure from EU (&#8220;Brexit&#8221;) Risk</span></div>  <div style="line-height: 12.02pt; margin-top: 9.80pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;">On January 31, 2020, the United Kingdom officially withdrew from the European Union (&#8220;EU&#8221;) and the two sides </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">entered into a transition phase, scheduled to conclude on December 31, 2020, where the United Kingdom effectively remains in </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">the EU from an economic perspective, but no longer has any political representation in the EU parliament. </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">During this transition </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">phase, which could be extended beyond December of 2020, the United Kingdom is expected to negotiate a new trade deal with </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">the EU. Due to political uncertainty, it is not possible to anticipate whether the United Kingdom and the EU will be able to agree </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">and implement a new trade agreement or what the nature of such trade arrangement will be. Throughout the withdrawal process </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">and afterward, the impact on the United Kingdom and Economic and Monetary Union and the broader global economy is </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">unknown but could be significant and could result in increased volatility and illiquidity and potentially lower economic growth. </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">The political divisions surrounding Brexit within the United Kingdom, as well as those between the UK and the EU, may also </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">have a destabilizing impact on the economy and currency of the United Kingdom and the EU. Any further exits from member </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">states of the EU, or the possibility of such exits, would likely cause additional market disruption globally and introduce new </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">legal and regulatory uncertainties.</span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; line-height: 12.02pt;"> </span></div>  <div style="line-height: 12.02pt; margin-top: 9.90pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;">In addition to the effects on the Fund&#8217;s investments in European issuers, the unavoidable uncertainties and events related </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">to Brexit could negatively affect the value and liquidity of the Fund&#8217;s other investments, increase taxes and costs of business and </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">cause volatility in currency exchange rates and interest rates. Brexit could adversely affect the performance of contracts in </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">existence at the date of Brexit and European, UK or worldwide political, regulatory, economic or market conditions and could </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">contribute to instability in political institutions, regulatory agencies and financial markets. Brexit could also lead to legal </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">uncertainty and politically divergent national laws and regulations as a new relationship between the UK and EU is defined and </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">as the UK determines which EU laws to replace or replicate. In addition, Brexit could lead to further disintegration of the EU </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">and related political stresses (including those related to sentiment against cross border capital movements and activities of </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">investors like the Fund), prejudice to financial services businesses that are conducting business in the EU and which are based in </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">the UK, legal uncertainty regarding achievement of compliance with applicable financial and commercial laws and regulations </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">in view of the expected steps to be taken pursuant to or in contemplation of Brexit. Any of these effects of Brexit, and others that </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">cannot be anticipated, could adversely affect the Fund&#8217;s business, results of operations and financial condition.</span></div> <span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_cef_RiskAxis=gsof_RisksAssociatedWithTheFundsCoveredCallOptionStrategyAndPutOptionsMember', window );">Risks Associated with the Funds Covered Call Option Strategy and Put Options [Member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_cef_GeneralDescriptionOfRegistrantAbstract', window );"><strong>General Description of Registrant [Abstract]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_cef_RiskTextBlock', window );">Risk [Text Block]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text"> <div style="line-height: 12.02pt; margin-top: 9.60pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-weight: bold;">Risks Associated with the Fund&#8217;s Covered Call Option Strategy and Put Options</span></div>  <div style="line-height: 12.02pt; margin-top: 9.60pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;">The ability of the Fund to achieve its investment objective is partially dependent on the successful implementation of its </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">covered call option strategy. </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">There are significant differences between the securities and options markets that could result in an </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">imperfect correlation between these markets, causing a given transaction not to achieve its objectives. A decision as to whether, </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">when and how to use options involves the exercise of skill and judgment, and even a well-conceived transaction may be </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">unsuccessful to some degree because of market behavior or unexpected events.</span></div>  <div style="line-height: 12.02pt; margin-top: 9.61pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;">The Fund may write call options on individual securities, securities indices, exchange-traded funds (&#8220;ETFs&#8221;) and baskets </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">of securities. The buyer of an option acquires the right, but not the obligation, to buy (a call option) or sell (a put option) a </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">certain quantity of a security (the underlying security) or instrument, including a futures contract or swap, at a certain price up to </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">a specified point in time or on expiration, depending on the terms. The seller or writer of an option is obligated to sell (a call </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">option) or buy (a put option) the underlying instrument. A call option is &#8220;covered&#8221; if the Fund owns the security or instrument </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">underlying the call or has an absolute right to acquire the security or instrument without additional cash consideration (or, if </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">additional cash consideration is required under current regulatory requirements, cash or cash equivalents in such amount are </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">segregated by the Fund&#8217;s custodian or earmarked on the Fund&#8217;s books and records). As a seller of covered call options, the Fund </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">faces the risk that it will forgo the opportunity to profit from increases in the market value of the security or instrument covering </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">the call option during an option&#8217;s life. As the Fund writes covered calls over more of its portfolio, its ability to benefit from </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">capital appreciation becomes more limited. For certain types of options, the writer of the option will have no control over the </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">time when it may be required to fulfill its obligation under the option.</span></div>  <div style="line-height: 12.02pt; margin-top: 9.60pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;">There can be no assurance that a liquid market will exist if and when the Fund seeks to close out an option position. Once </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">an option writer has received an exercise notice, it cannot effect a closing purchase transaction in order to terminate its </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">obligation under the option and must deliver the underlying security or instrument at the exercise price.</span></div>  <div style="line-height: 12.02pt; margin-top: 9.60pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;">The Fund may also purchase and write exchange-listed and OTC options. Options written by the Fund with respect to </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">non-U.S. securities, indices or sectors and other instruments generally will be OTC options. OTC options differ from exchange-listed</span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"> options in several respects. They are transacted directly with the dealers and not with a clearing corporation, and therefore </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">entail the risk of non-performance by the dealer. OTC options are available for a greater variety of securities and for a wider </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">range of expiration dates and exercise prices than are available for exchange-traded options. Because OTC options are not traded </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">on an exchange, pricing is done normally by reference to information from a market maker. OTC options are subject to </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">heightened counterparty, credit, liquidity and valuation risks. The Fund&#8217;s ability to terminate OTC options is more limited than </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">with exchange-traded options and may involve the risk that broker-dealers participating in such transactions will not fulfill their </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">obligations. The hours of trading for options may not conform to the hours during which the underlying securities are traded. </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">The Fund&#8217;s options transactions will be subject to limitations established by each of the exchanges, boards of trade or other </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">trading facilities on which such options are traded.</span></div>  <div style="line-height: 12.02pt; margin-top: 9.70pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;">The Fund may also purchase and write covered put options. A put option is &#8220;covered&#8221; if the Fund segregates cash or cash </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">equivalents in an amount equal to the exercise price. As a seller of covered put options, the Fund bears the risk of loss if the </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">value of the underlying security or instrument declines below the exercise price minus the put premium. If the option is </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">exercised, the Fund could incur a loss if it is required to purchase the security or instrument underlying the put option at a price </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">greater than the market price of the security or instrument at the time of exercise plus the put premium the Fund received when it </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">wrote the option. The Fund&#8217;s potential gain in writing a covered put option is limited to distributions earned on the liquid assets </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">securing the put option plus the premium received from the purchaser of the put option; however, the Fund risks a loss equal to </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">the entire exercise price of the option minus the put premium.</span></div> <span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_cef_RiskAxis=gsof_RisksOfRealPropertyAssetCompaniesMember', window );">Risks of Real Property Asset Companies [Member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_cef_GeneralDescriptionOfRegistrantAbstract', window );"><strong>General Description of Registrant [Abstract]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_cef_RiskTextBlock', window );">Risk [Text Block]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text"> <div style="line-height: 12.02pt; margin-top: 10pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-weight: bold;">Risks of Real Property Asset Companies</span></div>  <div style="line-height: 12.02pt; margin-top: 9.90pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;">The Fund may invest in Income Securities and Common Equity Securities issued by Real Property Asset Companies.</span></div>  <div style="line-height: 12.02pt; margin-top: 9.90pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-style: italic; margin-left: 29pt;">Real Estate Risks</span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">. Because of the Fund&#8217;s ability to make indirect investments in real estate and in the securities of </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">companies in the real estate industry, it is subject to risks associated with the direct ownership of real estate. These risks include:</span></div>  <div> <div style="clear: both; margin-top: 9.90pt; position: relative; width: 100%;"> <div style="float: left; line-height: 12.02pt; text-align: left; width: 3.51pt;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">&#8226;</span></div> <div style="float: left; line-height: 12.02pt; margin-left: 25.49pt; text-align: left; width: 482.00pt;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">declines in the value of real estate;</span></div> </div> <div style="clear: both; position: relative;"/> </div>  <div> <div style="clear: both; margin-top: 9.90pt; position: relative; width: 100%;"> <div style="float: left; line-height: 12.02pt; text-align: left; width: 3.51pt;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">&#8226;</span></div> <div style="float: left; line-height: 12.02pt; margin-left: 25.49pt; text-align: left; width: 482.00pt;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">general and local economic conditions;</span></div> </div> <div style="clear: both; position: relative;"/> </div>  <div> <div style="clear: both; margin-top: 9.90pt; position: relative; width: 100%;"> <div style="float: left; line-height: 12.02pt; text-align: left; width: 3.51pt;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">&#8226;</span></div> <div style="float: left; line-height: 12.02pt; margin-left: 25.49pt; text-align: left; width: 482.00pt;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">unavailability of mortgage funds;</span></div> </div> <div style="clear: both; position: relative;"/> </div>  <div> <div style="clear: both; margin-top: 9.90pt; position: relative; width: 100%;"> <div style="float: left; line-height: 12.02pt; text-align: left; width: 3.51pt;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">&#8226;</span></div> <div style="float: left; line-height: 12.02pt; margin-left: 25.49pt; text-align: left; width: 482.00pt;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">overbuilding;</span></div> </div> <div style="clear: both; position: relative;"/> </div>  <div> <div style="clear: both; margin-top: 9.90pt; position: relative; width: 100%;"> <div style="float: left; line-height: 12.02pt; text-align: left; width: 3.51pt;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">&#8226;</span></div> <div style="float: left; line-height: 12.02pt; margin-left: 25.49pt; text-align: left; width: 482.00pt;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">extended vacancies of properties;</span></div> </div> <div style="clear: both; position: relative;"/> </div>  <div> <div style="clear: both; margin-top: 9.90pt; position: relative; width: 100%;"> <div style="float: left; line-height: 12.02pt; text-align: left; width: 3.51pt;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">&#8226;</span></div> <div style="float: left; line-height: 12.02pt; margin-left: 25.49pt; text-align: left; width: 482.00pt;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">increased competition;</span></div> </div> <div style="clear: both; position: relative;"/> </div>  <div> <div style="clear: both; margin-top: 9.90pt; position: relative; width: 100%;"> <div style="float: left; line-height: 12.02pt; text-align: left; width: 3.51pt;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">&#8226;</span></div> <div style="float: left; line-height: 12.02pt; margin-left: 25.49pt; text-align: left; width: 482.00pt;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">increases in property taxes and operating expenses;</span></div> </div> <div style="clear: both; position: relative;"/> </div>  <div> <div style="clear: both; margin-top: 9.91pt; position: relative; width: 100%;"> <div style="float: left; line-height: 12.02pt; text-align: left; width: 3.51pt;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">&#8226;</span></div> <div style="float: left; line-height: 12.02pt; margin-left: 25.49pt; text-align: left; width: 482.00pt;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">changes in zoning laws;</span></div> </div> <div style="clear: both; position: relative;"/> </div>  <div> <div style="clear: both; margin-top: 9.90pt; position: relative; width: 100%;"> <div style="float: left; line-height: 12.02pt; text-align: left; width: 3.51pt;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">&#8226;</span></div> <div style="float: left; line-height: 12.02pt; margin-left: 25.49pt; text-align: left; width: 482.00pt;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">losses due to costs of cleaning up environmental problems and contamination;</span></div> </div> <div style="clear: both; position: relative;"/> </div>  <div> <div style="clear: both; margin-top: 9.90pt; position: relative; width: 100%;"> <div style="float: left; line-height: 12.02pt; text-align: left; width: 3.51pt;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">&#8226;</span></div> <div style="float: left; line-height: 12.02pt; margin-left: 25.49pt; text-align: left; width: 482.00pt;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">limitations on, or unavailability of, insurance on economic terms;</span></div> </div> <div style="clear: both; position: relative;"/> </div>  <div> <div style="clear: both; margin-top: 9.90pt; position: relative; width: 100%;"> <div style="float: left; line-height: 12.02pt; text-align: left; width: 3.51pt;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">&#8226;</span></div> <div style="float: left; line-height: 12.02pt; margin-left: 25.49pt; text-align: left; width: 482.00pt;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">liability to third parties for damages resulting from environmental problems;</span></div> </div> <div style="clear: both; position: relative;"/> </div>  <div> <div style="clear: both; margin-top: 9.90pt; position: relative; width: 100%;"> <div style="float: left; line-height: 12.02pt; text-align: left; width: 3.51pt;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">&#8226;</span></div> <div style="float: left; line-height: 12.02pt; margin-left: 25.49pt; text-align: left; width: 482.00pt;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">casualty or condemnation losses;</span></div> </div> <div style="clear: both; position: relative;"/> </div>  <div> <div style="clear: both; margin-top: 9.90pt; position: relative; width: 100%;"> <div style="float: left; line-height: 12.02pt; text-align: left; width: 3.51pt;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">&#8226;</span></div> <div style="float: left; line-height: 12.02pt; margin-left: 25.49pt; text-align: left; width: 482.00pt;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">limitations on rents;</span></div> </div> <div style="clear: both; position: relative;"/> </div>  <div> <div style="clear: both; margin-top: 9.90pt; position: relative; width: 100%;"> <div style="float: left; line-height: 12.02pt; text-align: left; width: 3.51pt;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">&#8226;</span></div> <div style="float: left; line-height: 12.02pt; margin-left: 25.49pt; text-align: left; width: 482.00pt;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">changes in neighborhood values and the appeal of properties to tenants;</span></div> </div> <div style="clear: both; position: relative;"/> </div>  <div> <div style="clear: both; margin-top: 9.90pt; position: relative; width: 100%;"> <div style="float: left; line-height: 12.02pt; text-align: left; width: 3.51pt;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">&#8226;</span></div> <div style="float: left; line-height: 12.02pt; margin-left: 25.49pt; text-align: justify; width: 482.00pt;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">changes in valuation due to the impact of terrorist incidents on a particular property or area, or on a segment of the </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">economy; and</span></div> </div> <div style="clear: both; position: relative;"/> </div>  <div> <div style="clear: both; margin-top: 10.00pt; position: relative; width: 100%;"> <div style="float: left; line-height: 12.02pt; text-align: left; width: 3.51pt;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">&#8226;</span></div> <div style="float: left; line-height: 12.02pt; margin-left: 25.49pt; text-align: left; width: 482.00pt;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">changes in interest rates.</span></div> </div> <div style="clear: both; position: relative;"/> </div>  <div style="line-height: 12.02pt; margin-top: 10.00pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-style: italic; margin-left: 29pt;">National Resources and Commodities Risks</span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">. Because of the Fund&#8217;s ability to make indirect investments in natural </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">resources and physical commodities, and in Real Property Asset Companies engaged in oil and gas exploration and production, </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">gold and other precious metals, steel and iron ore production, energy services, forest products, chemicals, coal, alternative </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">energy sources and environmental services, as well as related transportation companies and equipment manufacturers, the Fund </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">is subject to risks associated with special risks, which include:</span></div>  <div style="line-height: 12.02pt; margin-left: 31pt; margin-top: 10.00pt; text-align: justify;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.00%; text-decoration: underline;">Supply and Demand Risk</span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">. A decrease in the production of a physical commodity or a decrease in the volume of such </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">commodity available for transportation, mining, processing, storage or distribution may adversely impact the financial </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">performance of an energy, natural resources, basic materials or an associated company that devotes a portion of its </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">business to that commodity. Production declines and volume decreases could be caused by various factors, including </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">catastrophic events affecting production, depletion of resources, labor difficulties, environmental proceedings, increased </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">regulations, equipment failures and unexpected maintenance problems, import supply disruption, governmental </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">expropriation, political upheaval or conflicts or increased competition from alternative energy sources or commodity </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">prices. Alternatively, a sustained decline in demand for such commodities could also adversely affect the financial </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">performance of energy, natural resources, basic materials or associated companies. Factors that could lead to a decline in </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">demand include economic recession or other adverse economic conditions, higher taxes on commodities or increased </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">governmental regulations, increases in fuel economy, consumer shifts to the use of alternative commodities or fuel </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">sources, changes in commodity prices, or weather.</span></div>  <div style="line-height: 12.02pt; margin-left: 31pt; margin-top: 10.00pt; text-align: justify;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.00%; text-decoration: underline;">Depletion and Exploration Risk</span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">. Many energy, natural resources, basic materials and associated companies are engaged </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">in the production of one or more physical commodities or are engaged in transporting, storing, distributing and </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">processing these items on behalf of shippers. To maintain or grow their revenues, these companies or their customers </span></div>  <div style="line-height: 12.02pt; margin-left: 31pt; text-align: justify;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.00%;">need to maintain or expand their reserves through exploration of new sources of supply, through the development of </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">existing sources, through acquisitions or through long-term contracts to acquire reserves. The financial performance of </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">energy, natural resources, basic materials and associated companies may be adversely affected if they, or the companies </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">to whom they provide the service, are unable to cost-effectively acquire additional reserves sufficient to replace the </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">natural decline.</span></div>  <div style="line-height: 12.02pt; margin-left: 31pt; margin-top: 10.19pt; text-align: justify;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.00%; text-decoration: underline;">Operational and Geological Risk</span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">. Energy, natural resources, basic materials companies and associated companies are </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">subject to specific operational and geological risks in addition to normal business and management risks. Some examples </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">of operational risks include mine rock falls, underground explosions and pit wall failures. Geological risk would include </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">faulting of the ore body and misinterpretation of geotechnical data.</span></div>  <div style="line-height: 12.02pt; margin-left: 31pt; margin-top: 10.20pt; text-align: justify;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.00%; text-decoration: underline;">Regulatory Risk</span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">. Energy, natural resources, basic materials and associated companies are subject to significant federal, </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">state and local government regulation in virtually every aspect of their operations, including how facilities are </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">constructed, maintained and operated, environmental and safety controls, and the prices they may charge for the products </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">and services they provide. Various governmental authorities have the power to enforce compliance with these regulations </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">and the permits issued under them, and violators are subject to administrative, civil and criminal penalties, including civil </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">fines, injunctions or both. Stricter laws, regulations or enforcement policies could be enacted in the future which would </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">likely increase compliance costs and may adversely affect the operations and financial performance of energy, natural </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">resources and basic materials companies.</span></div>  <div style="line-height: 12.02pt; margin-left: 31pt; margin-top: 10.20pt; text-align: justify;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.00%; text-decoration: underline;">Commodity Pricing Risk</span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">. The operations and financial performance of energy, natural resources and basic materials </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">companies may be directly affected by commodity prices, especially those energy, natural resources, basic materials and </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">associated companies that own the underlying commodity. Commodity prices fluctuate for several reasons, including </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">changes in market and economic conditions, the impact of weather on demand, levels of domestic production and </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">imported commodities, energy conservation, domestic and foreign governmental regulation and taxation, the availability </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">of local, intrastate and interstate transportation systems, governmental expropriation and political upheaval and conflicts. </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">Volatility of commodity prices, which may lead to a reduction in production or supply, may also negatively impact the </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">performance of energy, natural resources, basic materials and associated companies that are solely involved in the </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">transportation, processing, storing, distribution or marketing of commodities. Volatility of commodity prices may also </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">make it more difficult for energy, natural resources, basic materials and associated companies to raise capital to the extent </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">the market perceives that their performance may be directly or indirectly tied to commodity prices.</span></div>  <div style="line-height: 12.02pt; margin-left: 31pt; margin-top: 10.20pt; text-align: justify;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.00%; text-decoration: underline;">Precious Metals Pricing Risk</span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">. The Fund may invest in companies that have a material exposure to precious metals, such </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">as gold, silver and platinum and precious metals related instruments and securities. The price of precious metals can </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">fluctuate widely and is affected by numerous factors beyond the Fund&#8217;s control including: global or regional political, </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">economic or financial events and situations; investors&#8217; expectations with respect to the future rates of inflation and </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">movements in world equity, financial and property markets; global supply and demand for specific precious metals, </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">which is influenced by such factors as mine production and net forward selling activities by precious metals producers, </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">central bank purchases and sales, jewelry demand and the supply of recycled jewelry, net investment demand and </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">industrial demand, net of recycling; interest rates and currency exchange rates, particularly the strength of and confidence </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">in the U.S. dollar; and investment and trading activities of hedge funds, commodity funds and other speculators. The </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">Fund does not intend to hold physical precious metals.</span></div> <span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_cef_RiskAxis=gsof_RisksOfPersonalPropertyAssetCompaniesMember', window );">Risks of Personal Property Asset Companies [Member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_cef_GeneralDescriptionOfRegistrantAbstract', window );"><strong>General Description of Registrant [Abstract]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_cef_RiskTextBlock', window );">Risk [Text Block]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text"> <div style="line-height: 12.02pt; margin-top: 10.10pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-weight: bold;">Risks of Personal Property Asset Companies</span></div>  <div style="line-height: 12.02pt; margin-top: 10.10pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;">The Fund may invest in Income Securities and Common Equity Securities issued by Personal Property Asset Companies. </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">Personal (as opposed to real) property includes any tangible, movable property or asset. </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">The Fund will typically seek to invest in </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">Income Securities and Common Equity Securities of Personal Property Asset Companies that are associated with personal </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">property assets with investment performance that is not highly correlated with traditional market indexes, such as special </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">situation transportation assets (e.g., railcars, airplanes and ships) and collectibles (e.g., antiques, wine and fine art).</span></div>  <div style="line-height: 12.02pt; margin-top: 10.10pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-style: italic; margin-left: 29pt;">Special Situation Transportation Assets Risks</span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">. The risks of special situation transportation assets include:</span></div>  <div style="line-height: 12.02pt; margin-left: 31pt; margin-top: 10.10pt; text-align: justify;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.00%; text-decoration: underline;">Cyclicality of Supply and Demand for Transportation Assets Risk</span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">. The transportation asset leasing and sales industry has </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">periodically experienced cycles of oversupply and undersupply of railcars, aircraft and ships. </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">The oversupply of a specific </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">type of transportation asset in the market is likely to depress the values of that type of transportation asset. The supply </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">and demand of transportation assets is affected by various cyclical factors that are not under the Fund&#8217;s control, </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">including: (i) passenger and cargo demand; (ii) commercial demand for certain types of transportation assets, (iii) fuel </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">costs and general economic conditions affecting lessees&#8217; operations; (iv) government regulation, including operating </span></div>  <div style="line-height: 12.02pt; margin-left: 31pt; text-align: justify;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.00%;">restrictions; (v) interest rates; (vi) the availability of credit; (vii) manufacturer production level; (viii) retirement and </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">obsolescence of certain classes of transportation assets; (ix) re-introduction into service of transportation assets </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">previously in storage; and (x) traffic control infrastructure constraints.</span></div>  <div style="line-height: 12.02pt; margin-left: 31pt; margin-top: 10.00pt; text-align: justify;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.00%; text-decoration: underline;">Risk of Decline in Value of Transportation Assets and Rental Values</span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">. In addition to factors linked to the railway, aviation </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">and shipping industries, other factors that may affect the value of transportation assets, and thus of the Personal Property </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">Asset Companies in which the Fund invests, include: (i) manufacturers merging or exiting the industry or ceasing to </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">produce specific types of transportation asset; (ii) the particular maintenance and operating history of the transportation </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">assets; (iii) the number of operators using that type of transportation asset; (iv) whether the railcar, aircraft or ship is </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">subject to a lease; (v) any regulatory and legal requirements that must be satisfied before the transportation asset can be </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">operated, sold or re-leased, (vi) compatibility of parts and layout of the transportation asset among operators of particular </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">asset; and (vii) any renegotiation of a lease on less favorable terms.</span></div>  <div style="line-height: 12.02pt; margin-left: 31pt; margin-top: 10.00pt; text-align: justify;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.00%; text-decoration: underline;">Technological Risks</span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">. The availability for sale or lease of new, technologically advanced transportation assets and the </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">imposition of stringent noise, emissions or environmental regulations may make certain types of transportation assets less </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">desirable in the marketplace and therefore may adversely affect the owners&#8217; ability to lease or sell such transportation </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">assets. Consequently, the owner will have to lease or sell many of the transportation assets close to the end of their useful </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">economic life. The owners&#8217; ability to manage these technological risks by modifying or selling transportation assets will </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">likely be limited.</span></div>  <div style="line-height: 12.02pt; margin-left: 31pt; margin-top: 10.00pt; text-align: justify;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.00%; text-decoration: underline;">Risks Relating to Leases of Transportation Assets</span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">. Owner/lessors of transportation assets will typically require lessees of </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">assets to maintain customary and appropriate insurance. There can be no assurance that the lessees&#8217; insurance will cover </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">all types of claims that may be asserted against the owner, which could adversely affect the value of the Fund&#8217;s </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">investment in the Personal Property Asset Company owning such transportation asset. Personal Property Asset </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">Companies will be subject to credit risk of the lessees&#8217; ability to the provisions of the lease of the transportation asset. </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">The Personal Property Asset Company will need to release or sell transportation assets as the current leases expire in </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">order to continue to generate revenues. The ability to re-lease or sell transportation assets will depend on general market </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">and competitive conditions. Some of the competitors of the Personal Property Asset Company may have greater access to </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">financial resources and may have greater operational flexibility. If the Personal Property Asset Company is not able to </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">re-lease a transportation asset, it may need to attempt to sell the aircraft to provide funds for its investors, including the </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">Fund.</span></div>  <div style="line-height: 12.02pt; margin-top: 10.00pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-style: italic; margin-left: 29pt;">Collectible Assets Risks</span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">. The risks of collectible assets include:</span></div>  <div style="line-height: 12.02pt; margin-left: 31pt; margin-top: 10.00pt; text-align: justify;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.00%; text-decoration: underline;">Valuation of Collectible Assets Risk</span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">. The market for collectible assets as a financial investment is in the early stages of </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">development. Collectible assets are typically bought and sold through auction houses, and estimates of prices of </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">collectible assets at auction are imprecise. Accordingly, collectible assets are difficult to value.</span></div>  <div style="line-height: 12.02pt; margin-left: 31pt; margin-top: 10.00pt; text-align: justify;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.00%; text-decoration: underline;">Liquidity of Collectible Assets Risk</span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">. There are relatively few auction houses in comparison to brokers and dealers of </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">traditional financial assets. The ability to sell collectible assets is dependent on the demand for particular classes of </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">collectible assets, which demand has been volatile and erratic in the past. There is no assurance that collectible assets can </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">be sold within a particular timeframe or at the price at which such collectible assets are valued, which may impair the </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">ability of the Fund to realize full value of Personal Property Asset Companies in the event of the need to liquidate such </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">assets.</span></div>  <div style="line-height: 12.02pt; margin-left: 31pt; margin-top: 10.00pt; text-align: justify;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.00%; text-decoration: underline;">Authenticity of Collectible Assets Risk</span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">. The value of collectible assets often depends on its rarity or scarcity, or of its </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">attribution as the product of a particular artisan. Collectible Assets are subject to forgery and to the inabilities to assess </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">the authenticity of the collectible asset, which may significantly impair the value of the collectible asset.</span></div>  <div style="line-height: 12.02pt; margin-left: 31pt; margin-top: 10.00pt; text-align: justify;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.00%; text-decoration: underline;">High Transaction and Related Costs Risk</span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">. Collectible assets are typically bought and sold through auction houses, which </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">typically charge commissions to the purchaser and to the seller which may exceed 20% of the sale price of the collectible </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">asset. In addition, holding collectible assets entails storage and insurance costs, which may be substantial.</span></div> <span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_cef_RiskAxis=gsof_SyntheticInvestmentsRiskMember', window );">Synthetic Investments Risk [Member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_cef_GeneralDescriptionOfRegistrantAbstract', window );"><strong>General Description of Registrant [Abstract]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_cef_RiskTextBlock', window );">Risk [Text Block]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text"> <div style="line-height: 12.02pt; margin-top: 9.80pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-weight: bold;">Synthetic Investments Risk</span></div>  <div style="line-height: 12.02pt; margin-top: 9.80pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;">As an alternative to holding investments directly, the Fund may also obtain investment exposure to Income Securities and </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">Common Equity Securities through the use of customized derivative instruments (including swaps, options, forwards, notional </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">principal contracts or other financial instruments) to replicate, modify or replace the economic attributes associated with an </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">investment in Income Securities and Common Equity Securities (including interests in Investment Funds). </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">The Fund may be </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">exposed to certain additional risks to the extent the Sub-Adviser use derivatives as a means to synthetically implement the </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">Fund&#8217;s investment strategies. If the Fund enters into a derivative instrument whereby it agrees to receive the return of a security </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">or financial instrument or a basket of securities or financial instruments, it will typically contract to receive such returns for a </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">predetermined period of time. During such period, the Fund may not have the ability to increase or decrease its exposure. In </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">addition, such customized derivative instruments will likely be highly illiquid, and it is possible that the Fund will not be able to </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">terminate such derivative instruments prior to their expiration date or that the penalties associated with such a termination might </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">impact the Fund&#8217;s performance in a material adverse manner. Furthermore, certain derivative instruments contain provisions </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">giving the counterparty the right to terminate the contract upon the occurrence of certain events. Such events may include a </span></div>  <div style="line-height: 12.02pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">decline in the value of the reference securities and material violations of the terms of the contract or the portfolio guidelines as </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">well as other events determined by the counterparty. If a termination were to occur, the Fund&#8217;s return could be adversely affected </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">as it would lose the benefit of the indirect exposure to the reference securities and it may incur significant termination expenses.</span></div>  <div style="line-height: 12.02pt; margin-top: 9.90pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;">In the event the Fund seeks to participate in Investment Funds (including Private Investment Funds) through the use of </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">such synthetic derivative instruments, the Fund will not acquire any voting interests or other shareholder rights that would be </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">acquired with a direct investment in the underlying Investment Fund. Accordingly, the Fund will not participate in matters </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">submitted to a vote of the shareholders. In addition, the Fund may not receive all of the information and reports to shareholders </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">that the Fund would receive with a direct investment in such Investment Fund.</span></div>  <div style="line-height: 12.02pt; margin-top: 9.90pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;">Further, the Fund will pay the counterparty to any such customized derivative instrument structuring fees and ongoing </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">transaction fees, which will reduce the investment performance of the Fund. Finally, certain tax aspects of such customized </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">derivative instruments are uncertain and a Common Shareholder&#8217;s return could be adversely affected by an adverse tax ruling.</span></div> <span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_cef_RiskAxis=gsof_USGovernmentSecuritiesRiskMember', window );">US Government Securities Risk [Member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_cef_GeneralDescriptionOfRegistrantAbstract', window );"><strong>General Description of Registrant [Abstract]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_cef_RiskTextBlock', window );">Risk [Text Block]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text"> <div style="line-height: 12.02pt; margin-top: 10.29pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-weight: bold;">U.S. Government Securities Risk</span></div>  <div style="line-height: 12.02pt; margin-top: 10.30pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;">Different types of U.S. government securities have different relative levels of credit risk depending on the nature of the </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">particular government support for that security. U.S. government securities may be supported by: (i)&#160;the full faith and credit of </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">the United States government; (ii)&#160;the ability of the issuer to borrow from the U.S. Treasury; (iii)&#160;the credit of the issuing agency, </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">instrumentality or government-sponsored entity (&#8220;GSE&#8221;); (iv)&#160;pools of assets (e.g., mortgage-backed securities); or (v)&#160;the </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">United States in some other way. </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">The U.S. government and its agencies and instrumentalities do not guarantee the market value </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">of their securities, which may fluctuate in value and are subject to investment risks, and certain U.S. government securities may </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">not be backed by the full faith and credit of the United States government. The value of U.S. government obligations may be </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">adversely affected by changes in interest rates. It is possible that the issuers of some U.S. government securities will not have the </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">funds to timely meet their payment obligations in the future and there is a risk of default. For certain agency and GSE issued </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">securities, there is no guarantee the U.S. government will support the agency or GSE if it is unable to meet its obligations.</span></div> <span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_cef_RiskAxis=gsof_WhenIssuedAndDelayedDeliveryTransactionsRiskMember', window );">When Issued and Delayed Delivery Transactions Risk [Member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_cef_GeneralDescriptionOfRegistrantAbstract', window );"><strong>General Description of Registrant [Abstract]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_cef_RiskTextBlock', window );">Risk [Text Block]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text"> <div style="line-height: 12.02pt; margin-top: 10pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-weight: bold;">When-Issued and Delayed Delivery Transactions Risk</span></div>  <div style="line-height: 12.02pt; margin-top: 9.80pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;">Securities purchased on a when-issued or delayed delivery basis may expose the Fund to counterparty risk of default as </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">well as the risk that securities may experience fluctuations in value prior to their actual delivery. The Fund generally will not </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">accrue income with respect to a when-issued or delayed delivery security prior to its stated delivery date. Purchasing securities </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">on a when-issued or delayed delivery basis can involve the additional risk that the price or yield available in the market when the </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">delivery takes place may not be as favorable as that obtained in the transaction itself.</span></div> <span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_cef_RiskAxis=gsof_ShortSalesRiskMember', window );">Short Sales Risk [Member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_cef_GeneralDescriptionOfRegistrantAbstract', window );"><strong>General Description of Registrant [Abstract]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_cef_RiskTextBlock', window );">Risk [Text Block]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text"> <div style="line-height: 12.02pt; margin-top: 9.80pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-weight: bold;">Short Sales Risk</span></div>  <div style="line-height: 12.02pt; margin-top: 9.80pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;">The Fund may make short sales of securities. Short selling a security involves selling a borrowed security with the </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">expectation that the value of that security will decline, so that the security may be purchased at a lower price when returning the </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">borrowed security.</span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"> If the price of the security sold short increases between the time of the short sale and the time the Fund </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">replaces the borrowed security, the Fund will incur a loss; conversely, if the price declines, the Fund will realize a capital gain. </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">Any gain will be decreased, and any loss will be increased, by the transaction costs incurred by the Fund, including the costs </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">associated with providing collateral to the broker-dealer (usually cash and liquid securities) and the maintenance of collateral </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">with its custodian. Although the Fund&#8217;s gain is limited to the price at which it sold the security short, its potential loss is </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">theoretically unlimited and is greater than a direct investment in the security itself because the price of the borrowed or reference </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">security may rise. The Fund may not always be able to close out a short position at a particular time or at an acceptable price. A </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">lender may request that borrowed securities be returned to it on short notice, and the Fund may have to buy the borrowed </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">securities at an unfavorable price, resulting in a loss. The Fund may have to pay a premium to borrow the securities and must pay </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">any dividends or interest payable on the securities until they are replaced, which will be expenses of the Fund. Short sales also </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">subject the Fund to risks related to the lender (such as bankruptcy risks) or the general risk that the lender does not comply with </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">its obligations. Government actions also may affect the Fund&#8217;s ability to engage in short selling. The use of physical short sales </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">is typically more expensive than gaining short exposure through derivatives.</span></div> <span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_cef_RiskAxis=gsof_SecuritiesLendingRiskMember', window );">Securities Lending Risk [Member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_cef_GeneralDescriptionOfRegistrantAbstract', window );"><strong>General Description of Registrant [Abstract]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_cef_RiskTextBlock', window );">Risk [Text Block]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text"> <div style="line-height: 12.02pt; margin-top: 10.30pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-weight: bold;">Securities Lending Risk</span></div>  <div style="line-height: 12.02pt; margin-top: 10.30pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;">The Fund may lend its portfolio securities to banks or dealers which meet the creditworthiness standards established by </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">the Board of Trustees. Securities lending is subject to the risk that loaned securities may not be available to the Fund on a timely </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">basis and the Fund may therefore lose the opportunity to sell the securities at a desirable price. Any loss in the market price of </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">securities loaned by the Fund that occurs during the term of the loan would be borne by the Fund and would adversely affect the </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">Fund&#8217;s performance. Also, there may be delays in recovery, or no recovery, of securities loaned or even a loss of rights in the </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">collateral should the borrower of the securities fail financially while the loan is outstanding.</span></div> <span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_cef_RiskAxis=gsof_RiskOfFailureToQualifyAsARICMember', window );">Risk of Failure to Qualify as a RIC [Member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_cef_GeneralDescriptionOfRegistrantAbstract', window );"><strong>General Description of Registrant [Abstract]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_cef_RiskTextBlock', window );">Risk [Text Block]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text"> <div style="line-height: 12.02pt; margin-top: 10.30pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-weight: bold;">Risk of Failure to Qualify as a RIC</span></div>  <div style="line-height: 12.02pt; margin-top: 10.30pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;">To qualify for the favorable U.S. federal income tax treatment generally accorded to RICs, the Fund must, among other </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">things, derive in each taxable year at least 90% of its gross income from certain prescribed sources, meet certain asset </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">diversification tests and distribute for each taxable year at least 90% of its &#8220;investment company taxable income&#8221; (generally, </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">ordinary income plus the excess, if any, of net short-term capital gain over net long-term capital loss). If for any taxable year the </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">Fund does not qualify as a RIC, all of its taxable income for that year (including its net capital gain) would be subject to tax at </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">regular corporate rates without any deduction for distributions to shareholders, and such distributions would be taxable as </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">ordinary dividends to the extent of the Fund&#8217;s current and accumulated earnings and profits.</span></div> <span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_cef_RiskAxis=gsof_TechnologyRiskMember', window );">Technology Risk [Member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_cef_GeneralDescriptionOfRegistrantAbstract', window );"><strong>General Description of Registrant [Abstract]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_cef_RiskTextBlock', window );">Risk [Text Block]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text"> <div style="line-height: 12.02pt; margin-top: 9.90pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-weight: bold;">Technology Risk</span></div>  <div style="line-height: 12.02pt; margin-top: 9.90pt; text-align: left;"><span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;">As the use of Internet technology has become more prevalent, the Fund and its service providers and markets generally </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">have become more susceptible to potential operational risks related to intentional and unintentional events that may cause the </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">Fund or a service provider to lose proprietary information, suffer data corruption or lose operational capacity. </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">There can be no </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">guarantee that any risk management systems established by the Fund, its service providers, or issuers of the securities in which </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">the Fund invests to reduce technology and cyber security risks will succeed, and the Fund cannot control such systems put in </span><span style="color: #000000; font-family: times new roman; font-size: 10.02pt;">place by service providers, issuers or other third parties whose operations may affect the Fund.</span></div> <span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_cef_SecurityAxis=gsof_BorrowingsCommittedFacilityAgreementMember', window );">Borrowings Committed Facility Agreement [Member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_cef_FinancialHighlightsAbstract', window );"><strong>Financial Highlights [Abstract]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_cef_SeniorSecuritiesAmount', window );">Senior Securities Amount</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">$ 38,500,690<span></span>
</td>
<td class="nump">$ 19,300,000<span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="nump">$ 16,704,955<span></span>
</td>
<td class="nump">$ 9,354,955<span></span>
</td>
<td class="nump">$ 45,488,955<span></span>
</td>
<td class="nump">$ 60,788,955<span></span>
</td>
<td class="nump">$ 56,098,955<span></span>
</td>
<td class="nump">$ 30,598,955<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_cef_SeniorSecuritiesCoveragePerUnit', window );">Senior Securities Coverage per Unit</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">$ 23,806<span></span>
</td>
<td class="nump">$ 34,621<span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="nump">$ 25,571<span></span>
</td>
<td class="nump">$ 34,164<span></span>
</td>
<td class="nump">$ 8,540<span></span>
</td>
<td class="nump">$ 6,231<span></span>
</td>
<td class="nump">$ 6,107<span></span>
</td>
<td class="nump">$ 7,776<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_cef_SeniorSecuritiesInvoluntaryLiquidatingPreferencePerUnit', window );">Senior Securities Involuntary Liquidating Preference per Unit</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_cef_SeniorSecuritiesAverageMarketValuePerUnit', window );">Senior Securities Average Market Value per Unit</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_cef_SecurityAxis=gsof_BorrowingsMember', window );">Borrowings [Member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_cef_CapitalStockLongTermDebtAndOtherSecuritiesAbstract', window );"><strong>Capital Stock, Long-Term Debt, and Other Securities [Abstract]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_cef_SecurityTitleTextBlock', window );">Security Title [Text Block]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">Borrowings<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_cef_SecurityVotingRightsTextBlock', window );">Security Voting Rights [Text Block]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text"><div style="line-height:12.02pt;margin-top:10pt;text-align:left;"><span style="color:#000000;font-family:times new roman;font-size:10.02pt;font-style:italic;margin-left:29pt">Voting Rights</span><span style="color:#000000;font-family:times new roman;font-size:10.02pt">. The 1940 Act does (in certain circumstances) grant to the lenders to the Fund certain voting rights in the </span><span style="color:#000000;font-family:times new roman;font-size:10.02pt">event of default in the payment of interest on, or repayment of, principal. Any Borrowings will likely be ranked senior or equal </span><span style="color:#000000;font-family:times new roman;font-size:10.02pt">to all other existing and future borrowings of the Fund.</span></div><span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_cef_SecurityAxis=gsof_CommonSharesMember', window );">Common Shares [Member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_cef_GeneralDescriptionOfRegistrantAbstract', window );"><strong>General Description of Registrant [Abstract]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_cef_LowestPriceOrBid', window );">Lowest Price or Bid</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">$ 20.92<span></span>
</td>
<td class="nump">$ 19.24<span></span>
</td>
<td class="nump">$ 18.77<span></span>
</td>
<td class="nump">$ 17.48<span></span>
</td>
<td class="nump">$ 16.48<span></span>
</td>
<td class="nump">$ 11.82<span></span>
</td>
<td class="nump">$ 17.08<span></span>
</td>
<td class="nump">$ 18.56<span></span>
</td>
<td class="nump">$ 19.51<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_cef_HighestPriceOrBid', window );">Highest Price or Bid</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">21.98<span></span>
</td>
<td class="nump">21.95<span></span>
</td>
<td class="nump">21.10<span></span>
</td>
<td class="nump">18.64<span></span>
</td>
<td class="nump">18.46<span></span>
</td>
<td class="nump">18.01<span></span>
</td>
<td class="nump">19.47<span></span>
</td>
<td class="nump">19.77<span></span>
</td>
<td class="nump">20.88<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_cef_LowestPriceOrBidNav', window );">Lowest Price or Bid, NAV</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[10]</sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">16.98<span></span>
</td>
<td class="nump">16.94<span></span>
</td>
<td class="nump">16.69<span></span>
</td>
<td class="nump">16.03<span></span>
</td>
<td class="nump">15.44<span></span>
</td>
<td class="nump">15.25<span></span>
</td>
<td class="nump">16.91<span></span>
</td>
<td class="nump">17.46<span></span>
</td>
<td class="nump">17.60<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_cef_HighestPriceOrBidNav', window );">Highest Price or Bid, NAV</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[10]</sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">$ 17.21<span></span>
</td>
<td class="nump">$ 17.10<span></span>
</td>
<td class="nump">$ 17.43<span></span>
</td>
<td class="nump">$ 16.68<span></span>
</td>
<td class="nump">$ 16.15<span></span>
</td>
<td class="nump">$ 17.00<span></span>
</td>
<td class="nump">$ 17.14<span></span>
</td>
<td class="nump">$ 17.63<span></span>
</td>
<td class="nump">$ 17.81<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_cef_HighestPriceOrBidPremiumDiscountToNavPercent', window );">Highest Price or Bid, Premium (Discount) to NAV [Percent]</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[11]</sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">27.72%<span></span>
</td>
<td class="nump">28.36%<span></span>
</td>
<td class="nump">21.06%<span></span>
</td>
<td class="nump">11.75%<span></span>
</td>
<td class="nump">14.30%<span></span>
</td>
<td class="nump">5.94%<span></span>
</td>
<td class="nump">13.59%<span></span>
</td>
<td class="nump">12.14%<span></span>
</td>
<td class="nump">17.24%<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_cef_LowestPriceOrBidPremiumDiscountToNavPercent', window );">Lowest Price or Bid, Premium (Discount) to NAV [Percent]</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[11]</sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">23.20%<span></span>
</td>
<td class="nump">13.58%<span></span>
</td>
<td class="nump">12.46%<span></span>
</td>
<td class="nump">9.05%<span></span>
</td>
<td class="nump">6.74%<span></span>
</td>
<td class="num">(22.49%)<span></span>
</td>
<td class="nump">1.01%<span></span>
</td>
<td class="nump">6.30%<span></span>
</td>
<td class="nump">10.85%<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_cef_LatestSharePrice', window );">Latest Share Price</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">$ 21.34<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_cef_LatestPremiumDiscountToNavPercent', window );">Latest Premium (Discount) to NAV [Percent]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">24.80%<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_cef_LatestNav', window );">Latest NAV</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">$ 17.10<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_cef_CapitalStockLongTermDebtAndOtherSecuritiesAbstract', window );"><strong>Capital Stock, Long-Term Debt, and Other Securities [Abstract]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_cef_SecurityTitleTextBlock', window );">Security Title [Text Block]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text"><div style="line-height:12.02pt;margin-top:10.30pt;text-align:left;"><span style="color:#000000;font-family:times new roman;font-size:10.02pt;font-weight:bold">Common Shares</span></div><span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_cef_SecurityVotingRightsTextBlock', window );">Security Voting Rights [Text Block]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text"><div style="line-height:12.02pt;margin-top:10.30pt;text-align:left;"><span style="color:#000000;font-family:times new roman;font-size:10.02pt;font-style:italic;margin-left:29pt">Voting Rights</span><span style="color:#000000;font-family:times new roman;font-size:10.02pt">. Until any Preferred Shares are issued, holders of the Common Shares will vote as a single class to elect the </span><span style="color:#000000;font-family:times new roman;font-size:10.02pt">Fund&#8217;s Board of Trustees and on additional matters with respect to which the 1940 Act mandates a vote by the Fund&#8217;s </span><span style="color:#000000;font-family:times new roman;font-size:10.02pt">shareholders. If Preferred Shares are issued, holders of Preferred Shares will have a right to elect two of the Fund&#8217;s Trustees, and </span><span style="color:#000000;font-family:times new roman;font-size:10.02pt">will have certain other voting rights. See &#8220;Anti-Takeover Provisions in the Fund&#8217;s Governing Documents.&#8221;</span></div><span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_cef_OutstandingSecurityTitleTextBlock', window );">Outstanding Security, Title [Text Block]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">Common shares of beneficial interest, par value $0.01 per share<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_cef_OutstandingSecurityAuthorizedShares', window );">Outstanding Security, Authorized [Shares]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_cef_OutstandingSecurityHeldShares', window );">Outstanding Security, Held [Shares]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_cef_OutstandingSecurityNotHeldShares', window );">Outstanding Security, Not Held [Shares]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">51,503,912<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_cef_SecurityAxis=gsof_PreferredSharesMember', window );">Preferred Shares [Member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_cef_CapitalStockLongTermDebtAndOtherSecuritiesAbstract', window );"><strong>Capital Stock, Long-Term Debt, and Other Securities [Abstract]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_cef_SecurityTitleTextBlock', window );">Security Title [Text Block]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text"><div style="line-height:12.02pt;margin-top:9.90pt;text-align:left;"><span style="color:#000000;font-family:times new roman;font-size:10.02pt;font-weight:bold">Preferred Shares</span></div><span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_cef_SecurityDividendsTextBlock', window );">Security Dividends [Text Block]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">In addition, the Fund generally is not permitted to declare any cash dividend or other distribution on the Fund&#8217;s Common Shares, or purchase any such Common Shares, unless, at the time of such declaration, the Fund would have asset coverage (as described above) of at least 200% after deducting the amount of such dividend or other distribution.<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_cef_SecurityPreemptiveAndOtherRightsTextBlock', window );">Security Preemptive and Other Rights [Text Block]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">Common Shareholders have no preemptive right to purchase any preferred shares that might be issued. <span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_cef_SecurityAxis=gsof_ReverseRepurchaseAgreementsMember', window );">Reverse Repurchase Agreements [Member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_cef_FinancialHighlightsAbstract', window );"><strong>Financial Highlights [Abstract]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_cef_SeniorSecuritiesAmount', window );">Senior Securities Amount</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">$ 335,327,511<span></span>
</td>
<td class="nump">$ 42,445,822<span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="nump">$ 1,610,022<span></span>
</td>
<td class="nump">$ 91,424,819<span></span>
</td>
<td class="nump">$ 130,570,046<span></span>
</td>
<td class="nump">$ 114,758,163<span></span>
</td>
<td class="nump">$ 75,641,024<span></span>
</td>
<td class="nump">$ 59,473,742<span></span>
</td>
<td class="nump">$ 53,243,041<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_cef_SeniorSecuritiesCoveragePerUnit', window );">Senior Securities Coverage per Unit</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[12]</sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_cef_SeniorSecuritiesInvoluntaryLiquidatingPreferencePerUnit', window );">Senior Securities Involuntary Liquidating Preference per Unit</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_cef_SeniorSecuritiesAverageMarketValuePerUnit', window );">Senior Securities Average Market Value per Unit</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
</tr>
<tr><td colspan="23"></td></tr>
<tr><td colspan="23"><table class="outerFootnotes" width="100%">
<tr class="outerFootnote">
<td style="vertical-align: top; width: 12pt;" valign="top">[1]</td>
<td style="vertical-align: top;" valign="top">Represents the estimated commission with respect to the Common Shares being sold in this offering. Cantor Fitzgerald will be entitled to compensation of up to 2.00% of the gross proceeds of the sale of any Common Shares under the Sales Agreement, with the exact amount of such compensation to be mutually agreed upon by the Fund and Cantor Fitzgerald from time to time. The Fund has assumed that Cantor Fitzgerald will receive a commission of 2.00% of the gross sale price of the Common Shares sold in this offering.</td>
</tr>
<tr class="outerFootnote">
<td style="vertical-align: top; width: 12pt;" valign="top">[2]</td>
<td style="vertical-align: top;" valign="top">You will pay brokerage charges if you direct the Plan Agent to sell your Common Shares held in a dividend reinvestment account. See &#8220;Dividend Reinvestment Plan&#8221; in the accompanying Prospectus.</td>
</tr>
<tr class="outerFootnote">
<td style="vertical-align: top; width: 12pt;" valign="top">[3]</td>
<td style="vertical-align: top;" valign="top">The Investment Adviser has incurred on behalf of the Fund all costs associated with the Fund&#8217;s registration statement and any offerings pursuant to such registration statement. The Fund has agreed, in connection with offerings under this registration statement, to reimburse the Investment Adviser for offering expenses incurred by the Investment Adviser on the Fund&#8217;s behalf in an amount up to the lesser of the Fund&#8217;s actual offering costs or 0.60% of the total offering price of the Common Shares sold in such offerings. Amounts in excess of 0.60% of the total offering price of shares sold pursuant to this registration statement will not be subject to recoupment from the Fund.</td>
</tr>
<tr class="outerFootnote">
<td style="vertical-align: top; width: 12pt;" valign="top">[4]</td>
<td style="vertical-align: top;" valign="top">Based upon average net assets attributable to the Common Shares during the six month period ended November 30, 2022, after giving effect to the anticipated net proceeds of all of the Common Shares offered by this Prospectus Supplement based on an assumed price per share of $15.90 (the last reported sale price of the Fund&#8217;s Common Shares on the NYSE as of March 27, 2023). The price per share of any sale of Common Shares may be greater or less than the price assumed herein, depending on the market price of the Common Shares at the time of any sale. There is no guarantee that there will be any sales of the Common Shares pursuant to this Prospectus Supplement. The number of the Common Shares actually sold pursuant to this Prospectus Supplement may be less than as assumed herein.</td>
</tr>
<tr class="outerFootnote">
<td style="vertical-align: top; width: 12pt;" valign="top">[5]</td>
<td style="vertical-align: top;" valign="top">The Fund pays the Investment Adviser a fee, payable monthly in arrears at an annual rate equal to 1.00% of the Fund&#8217;s average daily Managed Assets. Common Shareholders bear the portion of the investment advisory fee attributable to the assets purchased with the proceeds of borrowing or the issuance of commercial paper or other forms of debt (&#8220;Borrowings&#8221;) or reverse repurchase agreements, dollar rolls or similar transactions or through a combination of the foregoing (collectively &#8220;Financial Leverage&#8221;), which means that Common Shareholders effectively bear the entire advisory fee. The fee shown above is based upon outstanding Financial Leverage of 24.3% of the Fund&#8217;s Managed Assets. The management fee as a percentage of net assets attributable to the Common Shares is higher than if the Trust did not utilize such Financial Leverage. If Financial Leverage of more than 24.3% of the Fund&#8217;s Managed Assets is used, the management fees shown would be higher.</td>
</tr>
<tr class="outerFootnote">
<td style="vertical-align: top; width: 12pt;" valign="top">[6]</td>
<td style="vertical-align: top;" valign="top">Interest expense is estimated for the current fiscal year and includes interest payments on borrowed funds and interest expense on reverse repurchase agreements. Interest payments on borrowed funds is based upon the Fund&#8217;s outstanding Borrowings as of November 30, 2022 (unaudited), which included Borrowings under the Fund&#8217;s committed facility agreement in an amount equal to 4.4% of the Fund&#8217;s Managed Assets at an assumed average interest rate of 5.50%. Interest expense on reverse repurchase agreements is based on the Fund&#8217;s outstanding reverse repurchase agreements as of November 30, 2022 (unaudited), in an amount equal to 19.9% of the Fund&#8217;s Managed Assets at November 30, 2022 (unaudited), at an assumed weighted average interest rate of 4.91%. The actual amount of interest payments and expenses borne by the Fund will vary over time in accordance with the amount of Borrowings and reverse repurchase agreements and variations in market interest rates.</td>
</tr>
<tr class="outerFootnote">
<td style="vertical-align: top; width: 12pt;" valign="top">[7]</td>
<td style="vertical-align: top;" valign="top">Acquired Fund Fees and Expenses are based on estimated amounts for the current fiscal year, reflecting the fees and expenses borne by the Fund as an investor in other investment companies during the six-month period ended November 30, 2022, and the expected investment of the proceeds of this offering.</td>
</tr>
<tr class="outerFootnote">
<td style="vertical-align: top; width: 12pt;" valign="top">[8]</td>
<td style="vertical-align: top;" valign="top">Other expenses are estimated for the current fiscal year.</td>
</tr>
<tr class="outerFootnote">
<td style="vertical-align: top; width: 12pt;" valign="top">[9]</td>
<td style="vertical-align: top;" valign="top">The Total Annual Fund Operating Expenses in this fee table may not correlate to the expense ratios in the Fund&#8217;s financial highlights and financial statements because the financial highlights and financial statements reflect only the operating expenses of the Fund and do not include Acquired Fund Fees and Expenses, which are fees and expenses incurred indirectly by the Fund through its investments in certain underlying investment companies.</td>
</tr>
<tr class="outerFootnote">
<td style="vertical-align: top; width: 12pt;" valign="top">[10]</td>
<td style="vertical-align: top;" valign="top">Based on the Fund&#8217;s computations.</td>
</tr>
<tr class="outerFootnote">
<td style="vertical-align: top; width: 12pt;" valign="top">[11]</td>
<td style="vertical-align: top;" valign="top">Calculated based on the information presented. Percentages are rounded.</td>
</tr>
<tr class="outerFootnote">
<td style="vertical-align: top; width: 12pt;" valign="top">[12]</td>
<td style="vertical-align: top;" valign="top">As a result of the Fund having earmarked or segregated cash or liquid securities to collateralize the transactions or otherwise having covered the transactions, in accordance with current regulatory requirements under the releases and interpretive letters issued by the SEC and its staff, the Fund does not treat its obligations under such transactions as senior securities representing indebtedness for purposes of the 1940 Act.</td>
</tr>
</table></td></tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_cef_AcquiredFundFeesAndExpensesPercent">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- References</a><div><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher SEC<br> -Name Form N-2<br> -Section Item 3<br> -Subsection 1<br> -Paragraph Instruction 10<br> -Subparagraph a, g, h<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">cef_AcquiredFundFeesAndExpensesPercent</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>cef_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>dtr-types:percentItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_cef_AcquiredFundFeesEstimatedNoteTextBlock">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- References</a><div><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher SEC<br> -Name Form N-2<br> -Section Item 3<br> -Subsection 1<br> -Paragraph Instruction 10<br> -Subparagraph f<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">cef_AcquiredFundFeesEstimatedNoteTextBlock</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>cef_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>dtr-types:textBlockItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_cef_AcquiredFundTotalAnnualExpensesNoteTextBlock">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- References</a><div><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher SEC<br> -Name Form N-2<br> -Section Item 3<br> -Subsection 1<br> -Paragraph Instruction 10<br> -Subparagraph i<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">cef_AcquiredFundTotalAnnualExpensesNoteTextBlock</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>cef_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>dtr-types:textBlockItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_cef_AnnualExpensesTableTextBlock">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- References</a><div><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher SEC<br> -Name Form N-2<br> -Section Item 3<br> -Subsection 1<br> -Paragraph Instruction 6<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">cef_AnnualExpensesTableTextBlock</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>cef_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>dtr-types:textBlockItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_cef_AnnualInterestRatePercent">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- References</a><div><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher SEC<br> -Name Form N-2<br> -Section Item 8<br> -Subsection 3<br> -Paragraph b<br> -Subparagraph 1<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">cef_AnnualInterestRatePercent</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>cef_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>dtr-types:percentItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_cef_BasisOfTransactionFeesNoteTextBlock">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- References</a><div><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher SEC<br> -Name Form N-2<br> -Section Item 3<br> -Subsection 1<br> -Paragraph Instruction 4<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">cef_BasisOfTransactionFeesNoteTextBlock</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>cef_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>dtr-types:textBlockItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_cef_CapitalStockLongTermDebtAndOtherSecuritiesAbstract">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- References</a><div><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher SEC<br> -Name Form N-2<br> -Section Item 10<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">cef_CapitalStockLongTermDebtAndOtherSecuritiesAbstract</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>cef_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_cef_CapitalStockTableTextBlock">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- References</a><div><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher SEC<br> -Name Form N-2<br> -Section Item 10<br> -Subsection 1<br> -Paragraph a<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">cef_CapitalStockTableTextBlock</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>cef_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>dtr-types:textBlockItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_cef_DividendReinvestmentAndCashPurchaseFees">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- References</a><div><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher SEC<br> -Name Form N-2<br> -Section Item 3<br> -Subsection 1<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">cef_DividendReinvestmentAndCashPurchaseFees</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>cef_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_cef_EffectsOfLeverageTableTextBlock">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- References</a><div><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher SEC<br> -Name Form N-2<br> -Section Item 8<br> -Subsection 3<br> -Paragraph b<br> -Subparagraph 3<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">cef_EffectsOfLeverageTableTextBlock</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>cef_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>dtr-types:textBlockItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_cef_EffectsOfLeverageTextBlock">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- References</a><div><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher SEC<br> -Name Form N-2<br> -Section Item 8<br> -Subsection 3<br> -Paragraph b<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">cef_EffectsOfLeverageTextBlock</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>cef_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>dtr-types:textBlockItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_cef_ExpenseExampleTableTextBlock">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- References</a><div><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher SEC<br> -Name Form N-2<br> -Section Item 3<br> -Subsection 1<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">cef_ExpenseExampleTableTextBlock</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>cef_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>dtr-types:textBlockItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_cef_ExpenseExampleYear01">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- References</a><div><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher SEC<br> -Name Form N-2<br> -Section Item 3<br> -Subsection 1<br> -Paragraph Instruction 11<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">cef_ExpenseExampleYear01</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>cef_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_cef_ExpenseExampleYears1to10">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- References</a><div><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher SEC<br> -Name Form N-2<br> -Section Item 3<br> -Subsection 1<br> -Paragraph Instruction 11<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">cef_ExpenseExampleYears1to10</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>cef_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_cef_ExpenseExampleYears1to3">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- References</a><div><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher SEC<br> -Name Form N-2<br> -Section Item 3<br> -Subsection 1<br> -Paragraph Instruction 11<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">cef_ExpenseExampleYears1to3</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>cef_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_cef_ExpenseExampleYears1to5">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- References</a><div><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher SEC<br> -Name Form N-2<br> -Section Item 3<br> -Subsection 1<br> -Paragraph Instruction 11<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">cef_ExpenseExampleYears1to5</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>cef_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_cef_FeeTableAbstract">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- References</a><div><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher SEC<br> -Name Form N-2<br> -Section Item 3<br> -Subsection 1<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">cef_FeeTableAbstract</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>cef_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_cef_FinancialHighlightsAbstract">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- References</a><div><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher SEC<br> -Name Form N-2<br> -Section Item 4<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">cef_FinancialHighlightsAbstract</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>cef_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_cef_GeneralDescriptionOfRegistrantAbstract">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- References</a><div><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher SEC<br> -Name Form N-2<br> -Section Item 8<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">cef_GeneralDescriptionOfRegistrantAbstract</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>cef_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_cef_HighestPriceOrBid">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- References</a><div><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher SEC<br> -Name Form N-2<br> -Section Item 8<br> -Subsection 5<br> -Paragraph b<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">cef_HighestPriceOrBid</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>cef_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>dtr-types:perShareItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_cef_HighestPriceOrBidNav">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- References</a><div><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher SEC<br> -Name Form N-2<br> -Section Item 8<br> -Subsection 5<br> -Paragraph b<br> -Subparagraph Instruction 4<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">cef_HighestPriceOrBidNav</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>cef_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>dtr-types:perShareItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_cef_HighestPriceOrBidPremiumDiscountToNavPercent">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- References</a><div><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher SEC<br> -Name Form N-2<br> -Section Item 8<br> -Subsection 5<br> -Paragraph b<br> -Subparagraph Instructions 4, 5<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">cef_HighestPriceOrBidPremiumDiscountToNavPercent</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>cef_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>dtr-types:percentItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_cef_InterestExpensesOnBorrowingsPercent">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- References</a><div><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher SEC<br> -Name Form N-2<br> -Section Item 3<br> -Subsection 1<br> -Paragraph Instruction 8<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">cef_InterestExpensesOnBorrowingsPercent</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>cef_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>dtr-types:percentItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_cef_InvestmentObjectivesAndPracticesTextBlock">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- References</a><div><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher SEC<br> -Name Form N-2<br> -Section Item 8<br> -Subsection 2<br> -Paragraph b, d<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">cef_InvestmentObjectivesAndPracticesTextBlock</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>cef_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>dtr-types:textBlockItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_cef_LatestNav">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- References</a><div><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher SEC<br> -Name Form N-2<br> -Section Item 8<br> -Subsection 5<br> -Paragraph c<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">cef_LatestNav</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>cef_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>dtr-types:perShareItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_cef_LatestPremiumDiscountToNavPercent">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- References</a><div><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher SEC<br> -Name Form N-2<br> -Section Item 8<br> -Subsection 5<br> -Paragraph c<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">cef_LatestPremiumDiscountToNavPercent</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>cef_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>dtr-types:percentItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_cef_LatestSharePrice">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- References</a><div><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher SEC<br> -Name Form N-2<br> -Section Item 8<br> -Subsection 5<br> -Paragraph c<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">cef_LatestSharePrice</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>cef_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>dtr-types:perShareItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_cef_LowestPriceOrBid">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- References</a><div><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher SEC<br> -Name Form N-2<br> -Section Item 8<br> -Subsection 5<br> -Paragraph b<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">cef_LowestPriceOrBid</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>cef_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>dtr-types:perShareItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_cef_LowestPriceOrBidNav">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- References</a><div><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher SEC<br> -Name Form N-2<br> -Section Item 8<br> -Subsection 5<br> -Paragraph b<br> -Subparagraph Instruction 4<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">cef_LowestPriceOrBidNav</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>cef_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>dtr-types:perShareItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_cef_LowestPriceOrBidPremiumDiscountToNavPercent">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- References</a><div><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher SEC<br> -Name Form N-2<br> -Section Item 8<br> -Subsection 5<br> -Paragraph b<br> -Subparagraph Instructions 4, 5<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">cef_LowestPriceOrBidPremiumDiscountToNavPercent</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>cef_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>dtr-types:percentItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_cef_ManagementFeesPercent">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- References</a><div><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher SEC<br> -Name Form N-2<br> -Section Item 3<br> -Subsection 1<br> -Paragraph Instruction 7<br> -Subparagraph a<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">cef_ManagementFeesPercent</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>cef_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>dtr-types:percentItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_cef_OtherAnnualExpensesAbstract">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- References</a><div><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher SEC<br> -Name Form N-2<br> -Section Item 3<br> -Subsection 1<br> -Paragraph Instruction 9<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">cef_OtherAnnualExpensesAbstract</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>cef_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_cef_OtherAnnualExpensesPercent">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- References</a><div><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher SEC<br> -Name Form N-2<br> -Section Item 3<br> -Subsection 1<br> -Paragraph Instruction 9<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">cef_OtherAnnualExpensesPercent</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>cef_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>dtr-types:percentItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_cef_OtherExpensesNoteTextBlock">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- References</a><div><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher SEC<br> -Name Form N-2<br> -Section Item 3<br> -Subsection 1<br> -Paragraph Instruction 6<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">cef_OtherExpensesNoteTextBlock</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>cef_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>dtr-types:textBlockItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_cef_OtherTransactionExpensesAbstract">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- References</a><div><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher SEC<br> -Name Form N-2<br> -Section Item 3<br> -Subsection 1<br> -Paragraph Instruction 5<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">cef_OtherTransactionExpensesAbstract</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>cef_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_cef_OtherTransactionExpensesPercent">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- References</a><div><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher SEC<br> -Name Form N-2<br> -Section Item 3<br> -Subsection 1<br> -Paragraph Instruction 5<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">cef_OtherTransactionExpensesPercent</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>cef_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>dtr-types:percentItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_cef_OtherTransactionFeesNoteTextBlock">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- References</a><div><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher SEC<br> -Name Form N-2<br> -Section Item 3<br> -Subsection 1<br> -Paragraph Instruction 5<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">cef_OtherTransactionFeesNoteTextBlock</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>cef_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>dtr-types:textBlockItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_cef_OutstandingSecuritiesTableTextBlock">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- References</a><div><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher SEC<br> -Name Form N-2<br> -Section Item 10<br> -Subsection 5<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">cef_OutstandingSecuritiesTableTextBlock</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>cef_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>dtr-types:textBlockItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_cef_OutstandingSecurityAuthorizedShares">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- References</a><div><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher SEC<br> -Name Form N-2<br> -Section Item 10<br> -Subsection 5<br> -Paragraph 2<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">cef_OutstandingSecurityAuthorizedShares</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>cef_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:sharesItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_cef_OutstandingSecurityHeldShares">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- References</a><div><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher SEC<br> -Name Form N-2<br> -Section Item 10<br> -Subsection 5<br> -Paragraph 3<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">cef_OutstandingSecurityHeldShares</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>cef_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:sharesItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_cef_OutstandingSecurityNotHeldShares">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- References</a><div><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher SEC<br> -Name Form N-2<br> -Section Item 10<br> -Subsection 5<br> -Paragraph 4<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">cef_OutstandingSecurityNotHeldShares</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>cef_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:sharesItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_cef_OutstandingSecurityTitleTextBlock">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- References</a><div><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher SEC<br> -Name Form N-2<br> -Section Item 10<br> -Subsection 5<br> -Paragraph 1<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">cef_OutstandingSecurityTitleTextBlock</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>cef_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>dtr-types:textBlockItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_cef_PurposeOfFeeTableNoteTextBlock">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- References</a><div><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher SEC<br> -Name Form N-2<br> -Section Item 3<br> -Subsection 1<br> -Paragraph Instruction 1<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">cef_PurposeOfFeeTableNoteTextBlock</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>cef_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>dtr-types:textBlockItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_cef_ReturnAtMinusFivePercent">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- References</a><div><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher SEC<br> -Name Form N-2<br> -Section Item 8<br> -Subsection 3<br> -Paragraph b<br> -Subparagraph 3<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">cef_ReturnAtMinusFivePercent</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>cef_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>dtr-types:percentItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_cef_ReturnAtMinusTenPercent">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- References</a><div><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher SEC<br> -Name Form N-2<br> -Section Item 8<br> -Subsection 3<br> -Paragraph b<br> -Subparagraph 3<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">cef_ReturnAtMinusTenPercent</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>cef_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>dtr-types:percentItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_cef_ReturnAtPlusFivePercent">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- References</a><div><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher SEC<br> -Name Form N-2<br> -Section Item 8<br> -Subsection 3<br> -Paragraph b<br> -Subparagraph 3<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">cef_ReturnAtPlusFivePercent</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>cef_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>dtr-types:percentItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_cef_ReturnAtPlusTenPercent">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- References</a><div><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher SEC<br> -Name Form N-2<br> -Section Item 8<br> -Subsection 3<br> -Paragraph b<br> -Subparagraph 3<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">cef_ReturnAtPlusTenPercent</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>cef_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>dtr-types:percentItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_cef_ReturnAtZeroPercent">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- References</a><div><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher SEC<br> -Name Form N-2<br> -Section Item 8<br> -Subsection 3<br> -Paragraph b<br> -Subparagraph 3<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">cef_ReturnAtZeroPercent</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>cef_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>dtr-types:percentItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_cef_RiskFactorsTableTextBlock">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- References</a><div><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher SEC<br> -Name Form N-2<br> -Section Item 8<br> -Subsection 3<br> -Paragraph a<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">cef_RiskFactorsTableTextBlock</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>cef_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>dtr-types:textBlockItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_cef_RiskTextBlock">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">cef_RiskTextBlock</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>cef_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>dtr-types:textBlockItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_cef_SalesLoadPercent">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- References</a><div><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher SEC<br> -Name Form N-2<br> -Section Item 3<br> -Subsection 1<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">cef_SalesLoadPercent</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>cef_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>dtr-types:percentItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_cef_SecurityDividendsTextBlock">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- References</a><div><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher SEC<br> -Name Form N-2<br> -Section Item 10<br> -Subsection 1<br> -Paragraph a<br> -Subparagraph 1<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">cef_SecurityDividendsTextBlock</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>cef_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>dtr-types:textBlockItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_cef_SecurityPreemptiveAndOtherRightsTextBlock">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- References</a><div><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher SEC<br> -Name Form N-2<br> -Section Item 10<br> -Subsection 1<br> -Paragraph a<br> -Subparagraph 5<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">cef_SecurityPreemptiveAndOtherRightsTextBlock</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>cef_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>dtr-types:textBlockItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_cef_SecurityTitleTextBlock">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- References</a><div><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher SEC<br> -Name Form N-2<br> -Section Item 10<br> -Subsection 1<br> -Paragraph a<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">cef_SecurityTitleTextBlock</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>cef_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>dtr-types:textBlockItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_cef_SecurityVotingRightsTextBlock">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- References</a><div><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher SEC<br> -Name Form N-2<br> -Section Item 10<br> -Subsection 1<br> -Paragraph a<br> -Subparagraph 2<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">cef_SecurityVotingRightsTextBlock</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>cef_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>dtr-types:textBlockItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_cef_SeniorSecuritiesAmount">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- References</a><div><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher SEC<br> -Name Form N-2<br> -Section Item 4<br> -Subsection 3<br> -Paragraph 2<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">cef_SeniorSecuritiesAmount</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>cef_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_cef_SeniorSecuritiesAverageMarketValuePerUnit">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- References</a><div><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher SEC<br> -Name Form N-2<br> -Section Item 4<br> -Subsection 3<br> -Paragraph 5<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">cef_SeniorSecuritiesAverageMarketValuePerUnit</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>cef_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>dtr-types:perShareItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_cef_SeniorSecuritiesCoveragePerUnit">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- References</a><div><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher SEC<br> -Name Form N-2<br> -Section Item 4<br> -Subsection 3<br> -Paragraph 3<br> -Subparagraph Instruction 2<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">cef_SeniorSecuritiesCoveragePerUnit</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>cef_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>dtr-types:perShareItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_cef_SeniorSecuritiesHighlightsAuditedNoteTextBlock">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- References</a><div><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher SEC<br> -Name Form N-2<br> -Section Item 4<br> -Subsection 3<br> -Paragraph Instruction 1<br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher SEC<br> -Name Form N-2<br> -Section Item 4<br> -Subsection 1<br> -Paragraph Instruction 8<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">cef_SeniorSecuritiesHighlightsAuditedNoteTextBlock</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>cef_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>dtr-types:textBlockItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_cef_SeniorSecuritiesInvoluntaryLiquidatingPreferencePerUnit">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- References</a><div><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher SEC<br> -Name Form N-2<br> -Section Item 4<br> -Subsection 3<br> -Paragraph 4<br> -Subparagraph Instruction 3<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">cef_SeniorSecuritiesInvoluntaryLiquidatingPreferencePerUnit</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>cef_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>dtr-types:perShareItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_cef_SeniorSecuritiesNoteTextBlock">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- References</a><div><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher SEC<br> -Name Form N-2<br> -Section Item 4<br> -Subsection 3<br> -Paragraph Instruction 1<br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher SEC<br> -Name Form N-2<br> -Section Item 4<br> -Subsection 1<br> -Paragraph Instruction 2<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">cef_SeniorSecuritiesNoteTextBlock</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>cef_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>dtr-types:textBlockItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_cef_SeniorSecuritiesTableTextBlock">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- References</a><div><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher SEC<br> -Name Form N-2<br> -Section Item 4<br> -Subsection 3<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">cef_SeniorSecuritiesTableTextBlock</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>cef_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>dtr-types:textBlockItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_cef_SharePriceTableTextBlock">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- References</a><div><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher SEC<br> -Name Form N-2<br> -Section Item 8<br> -Subsection 5<br> -Paragraph b<br> -Subparagraph 4<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">cef_SharePriceTableTextBlock</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>cef_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>dtr-types:textBlockItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_cef_ShareholderTransactionExpensesTableTextBlock">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- References</a><div><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher SEC<br> -Name Form N-2<br> -Section Item 3<br> -Subsection 1<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">cef_ShareholderTransactionExpensesTableTextBlock</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>cef_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>dtr-types:textBlockItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_cef_TotalAnnualExpensesPercent">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- References</a><div><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher SEC<br> -Name Form N-2<br> -Section Item 3<br> -Subsection 1<br> -Paragraph Instruction 8<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">cef_TotalAnnualExpensesPercent</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>cef_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>dtr-types:percentItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_AmendmentFlag">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Boolean flag that is true when the XBRL content amends previously-filed or accepted submission.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_AmendmentFlag</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:booleanItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_CoverAbstract">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Cover page.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_CoverAbstract</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_DocumentType">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The type of document being provided (such as 10-K, 10-Q, 485BPOS, etc). The document type is limited to the same value as the supporting SEC submission type, or the word 'Other'.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_DocumentType</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>dei:submissionTypeItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_EntityCentralIndexKey">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>A unique 10-digit SEC-issued value to identify entities that have filed disclosures with the SEC. It is commonly abbreviated as CIK.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher SEC<br> -Name Exchange Act<br> -Number 240<br> -Section 12<br> -Subsection b-2<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_EntityCentralIndexKey</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>dei:centralIndexKeyItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_EntityRegistrantName">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The exact name of the entity filing the report as specified in its charter, which is required by forms filed with the SEC.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher SEC<br> -Name Exchange Act<br> -Number 240<br> -Section 12<br> -Subsection b-2<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_EntityRegistrantName</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:normalizedStringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_cef_RiskAxis=gsof_AntiTakeoverProvisionsRiskMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">cef_RiskAxis=gsof_AntiTakeoverProvisionsRiskMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_cef_RiskAxis=gsof_AssetBackedSecuritiesRiskMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">cef_RiskAxis=gsof_AssetBackedSecuritiesRiskMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_cef_RiskAxis=gsof_BelowInvestmentGradeSecuritiesRiskMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">cef_RiskAxis=gsof_BelowInvestmentGradeSecuritiesRiskMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_cef_RiskAxis=gsof_CLOCDOAndCBORiskMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">cef_RiskAxis=gsof_CLOCDOAndCBORiskMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_cef_RiskAxis=gsof_CommonEquitySecuritiesRiskMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">cef_RiskAxis=gsof_CommonEquitySecuritiesRiskMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_cef_RiskAxis=gsof_ConflictsOfInterestRiskMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">cef_RiskAxis=gsof_ConflictsOfInterestRiskMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_cef_RiskAxis=gsof_ConvertibleSecuritiesRiskMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">cef_RiskAxis=gsof_ConvertibleSecuritiesRiskMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_cef_RiskAxis=gsof_CyberSecurityMarketDisruptionsAndOperationalRiskMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">cef_RiskAxis=gsof_CyberSecurityMarketDisruptionsAndOperationalRiskMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_cef_RiskAxis=gsof_DerivativesTransactionsRiskMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">cef_RiskAxis=gsof_DerivativesTransactionsRiskMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_cef_RiskAxis=gsof_DilutionRiskMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">cef_RiskAxis=gsof_DilutionRiskMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_cef_RiskAxis=gsof_DistressedAndDefaultedSecuritiesRiskMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">cef_RiskAxis=gsof_DistressedAndDefaultedSecuritiesRiskMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_cef_RiskAxis=gsof_NotACompleteInvestmentProgramMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">cef_RiskAxis=gsof_NotACompleteInvestmentProgramMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_cef_RiskAxis=gsof_InvestmentAndMarketRiskMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">cef_RiskAxis=gsof_InvestmentAndMarketRiskMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_cef_RiskAxis=gsof_ManagementRiskMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">cef_RiskAxis=gsof_ManagementRiskMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_cef_RiskAxis=gsof_IncomeRiskMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">cef_RiskAxis=gsof_IncomeRiskMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_cef_RiskAxis=gsof_DividendRiskMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">cef_RiskAxis=gsof_DividendRiskMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_cef_RiskAxis=gsof_IncomeSecuritiesRiskMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">cef_RiskAxis=gsof_IncomeSecuritiesRiskMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_cef_RiskAxis=gsof_MortgageBackedSecuritiesRiskMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">cef_RiskAxis=gsof_MortgageBackedSecuritiesRiskMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_cef_RiskAxis=gsof_LoansAndLoanParticipationsAndAssignmentsRiskMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">cef_RiskAxis=gsof_LoansAndLoanParticipationsAndAssignmentsRiskMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_cef_RiskAxis=gsof_MezzanineInvestmentsRiskMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">cef_RiskAxis=gsof_MezzanineInvestmentsRiskMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_cef_RiskAxis=gsof_PreferredStockRiskMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">cef_RiskAxis=gsof_PreferredStockRiskMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_cef_RiskAxis=gsof_ForeignSecuritiesRiskMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">cef_RiskAxis=gsof_ForeignSecuritiesRiskMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_cef_RiskAxis=gsof_EmergingMarketsRiskMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">cef_RiskAxis=gsof_EmergingMarketsRiskMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_cef_RiskAxis=gsof_ForeignCurrencyRiskMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">cef_RiskAxis=gsof_ForeignCurrencyRiskMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_cef_RiskAxis=gsof_RedenominationRiskMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">cef_RiskAxis=gsof_RedenominationRiskMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_cef_RiskAxis=gsof_PrivateSecuritiesRiskMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">cef_RiskAxis=gsof_PrivateSecuritiesRiskMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_cef_RiskAxis=gsof_InvestmentFundsRiskMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">cef_RiskAxis=gsof_InvestmentFundsRiskMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_cef_RiskAxis=gsof_InflationDeflationRiskMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">cef_RiskAxis=gsof_InflationDeflationRiskMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_cef_RiskAxis=gsof_MarketDiscountRiskMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">cef_RiskAxis=gsof_MarketDiscountRiskMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_cef_RiskAxis=gsof_FinancialLeverageAndLeveragedTransactionsRiskMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">cef_RiskAxis=gsof_FinancialLeverageAndLeveragedTransactionsRiskMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_cef_RiskAxis=gsof_PortfolioTurnoverRiskMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">cef_RiskAxis=gsof_PortfolioTurnoverRiskMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_cef_RiskAxis=gsof_LegislationAndRegulationRiskMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">cef_RiskAxis=gsof_LegislationAndRegulationRiskMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_cef_RiskAxis=gsof_LIBORReplacementRiskMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">cef_RiskAxis=gsof_LIBORReplacementRiskMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_cef_RiskAxis=gsof_RecentMarketDevelopmentsRiskMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">cef_RiskAxis=gsof_RecentMarketDevelopmentsRiskMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_cef_RiskAxis=gsof_IncreasingGovernmentAndOtherPublicDebtRiskMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">cef_RiskAxis=gsof_IncreasingGovernmentAndOtherPublicDebtRiskMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_cef_RiskAxis=gsof_MunicipalSecuritiesRiskMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">cef_RiskAxis=gsof_MunicipalSecuritiesRiskMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_cef_RiskAxis=gsof_RepurchaseAgreementRiskMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">cef_RiskAxis=gsof_RepurchaseAgreementRiskMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_cef_RiskAxis=gsof_MarketDisruptionAndGeopoliticalRiskMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">cef_RiskAxis=gsof_MarketDisruptionAndGeopoliticalRiskMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_cef_RiskAxis=gsof_StructuredFinanceInvestmentsRiskMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">cef_RiskAxis=gsof_StructuredFinanceInvestmentsRiskMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_cef_RiskAxis=gsof_RisksAssociatedWithRiskLinkedSecuritiesMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">cef_RiskAxis=gsof_RisksAssociatedWithRiskLinkedSecuritiesMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_cef_RiskAxis=gsof_RisksAssociatedWithStructuredNotesMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">cef_RiskAxis=gsof_RisksAssociatedWithStructuredNotesMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_cef_RiskAxis=gsof_SeniorLoansRiskMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">cef_RiskAxis=gsof_SeniorLoansRiskMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_cef_RiskAxis=gsof_SecondLienLoansRiskMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">cef_RiskAxis=gsof_SecondLienLoansRiskMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_cef_RiskAxis=gsof_SubordinatedSecuredLoansRiskMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">cef_RiskAxis=gsof_SubordinatedSecuredLoansRiskMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_cef_RiskAxis=gsof_UnsecuredLoansRiskMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">cef_RiskAxis=gsof_UnsecuredLoansRiskMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_cef_RiskAxis=gsof_SovereignDebtRiskMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">cef_RiskAxis=gsof_SovereignDebtRiskMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_cef_RiskAxis=gsof_UKDepartureFromEUBrexitRiskMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">cef_RiskAxis=gsof_UKDepartureFromEUBrexitRiskMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_cef_RiskAxis=gsof_RisksAssociatedWithTheFundsCoveredCallOptionStrategyAndPutOptionsMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">cef_RiskAxis=gsof_RisksAssociatedWithTheFundsCoveredCallOptionStrategyAndPutOptionsMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_cef_RiskAxis=gsof_RisksOfRealPropertyAssetCompaniesMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">cef_RiskAxis=gsof_RisksOfRealPropertyAssetCompaniesMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_cef_RiskAxis=gsof_RisksOfPersonalPropertyAssetCompaniesMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">cef_RiskAxis=gsof_RisksOfPersonalPropertyAssetCompaniesMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_cef_RiskAxis=gsof_SyntheticInvestmentsRiskMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">cef_RiskAxis=gsof_SyntheticInvestmentsRiskMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_cef_RiskAxis=gsof_USGovernmentSecuritiesRiskMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">cef_RiskAxis=gsof_USGovernmentSecuritiesRiskMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_cef_RiskAxis=gsof_WhenIssuedAndDelayedDeliveryTransactionsRiskMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">cef_RiskAxis=gsof_WhenIssuedAndDelayedDeliveryTransactionsRiskMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_cef_RiskAxis=gsof_ShortSalesRiskMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">cef_RiskAxis=gsof_ShortSalesRiskMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_cef_RiskAxis=gsof_SecuritiesLendingRiskMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">cef_RiskAxis=gsof_SecuritiesLendingRiskMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_cef_RiskAxis=gsof_RiskOfFailureToQualifyAsARICMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">cef_RiskAxis=gsof_RiskOfFailureToQualifyAsARICMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_cef_RiskAxis=gsof_TechnologyRiskMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">cef_RiskAxis=gsof_TechnologyRiskMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_cef_SecurityAxis=gsof_BorrowingsCommittedFacilityAgreementMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">cef_SecurityAxis=gsof_BorrowingsCommittedFacilityAgreementMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_cef_SecurityAxis=gsof_BorrowingsMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">cef_SecurityAxis=gsof_BorrowingsMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_cef_SecurityAxis=gsof_CommonSharesMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">cef_SecurityAxis=gsof_CommonSharesMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_cef_SecurityAxis=gsof_PreferredSharesMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">cef_SecurityAxis=gsof_PreferredSharesMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_cef_SecurityAxis=gsof_ReverseRepurchaseAgreementsMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">cef_SecurityAxis=gsof_ReverseRepurchaseAgreementsMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
</div>
</body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>7
<FILENAME>d457076d424b5_htm.xml
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<XML>
<?xml version="1.0" encoding="utf-8"?>
<xbrl
  xmlns="http://www.xbrl.org/2003/instance"
  xmlns:cef="http://xbrl.sec.gov/cef/2022"
  xmlns:dei="http://xbrl.sec.gov/dei/2022"
  xmlns:gsof="http://www.guggenheiminvestments.com/20210920"
  xmlns:iso4217="http://www.xbrl.org/2003/iso4217"
  xmlns:link="http://www.xbrl.org/2003/linkbase"
  xmlns:xbrldi="http://xbrl.org/2006/xbrldi"
  xmlns:xlink="http://www.w3.org/1999/xlink"
  xmlns:xsi="http://www.w3.org/2001/XMLSchema-instance">
    <link:schemaRef xlink:href="gsof-20210920.xsd" xlink:type="simple"/>
    <context id="DefaultContext">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001380936</identifier>
        </entity>
        <period>
            <startDate>2021-09-20</startDate>
            <endDate>2021-09-20</endDate>
        </period>
    </context>
    <context id="FY2012_BorrowingsCommittedFacilityAgreementMember">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001380936</identifier>
            <segment>
                <xbrldi:explicitMember dimension="cef:SecurityAxis">gsof:BorrowingsCommittedFacilityAgreementMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <startDate>2011-06-01</startDate>
            <endDate>2012-05-31</endDate>
        </period>
    </context>
    <context id="FY2012_ReverseRepurchaseAgreementsMember">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001380936</identifier>
            <segment>
                <xbrldi:explicitMember dimension="cef:SecurityAxis">gsof:ReverseRepurchaseAgreementsMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <startDate>2011-06-01</startDate>
            <endDate>2012-05-31</endDate>
        </period>
    </context>
    <context id="FY2013_BorrowingsCommittedFacilityAgreementMember">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001380936</identifier>
            <segment>
                <xbrldi:explicitMember dimension="cef:SecurityAxis">gsof:BorrowingsCommittedFacilityAgreementMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <startDate>2012-06-01</startDate>
            <endDate>2013-05-31</endDate>
        </period>
    </context>
    <context id="FY2013_ReverseRepurchaseAgreementsMember">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001380936</identifier>
            <segment>
                <xbrldi:explicitMember dimension="cef:SecurityAxis">gsof:ReverseRepurchaseAgreementsMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <startDate>2012-06-01</startDate>
            <endDate>2013-05-31</endDate>
        </period>
    </context>
    <context id="FY2014_BorrowingsCommittedFacilityAgreementMember">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001380936</identifier>
            <segment>
                <xbrldi:explicitMember dimension="cef:SecurityAxis">gsof:BorrowingsCommittedFacilityAgreementMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <startDate>2013-06-01</startDate>
            <endDate>2014-05-31</endDate>
        </period>
    </context>
    <context id="FY2014_ReverseRepurchaseAgreementsMember">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001380936</identifier>
            <segment>
                <xbrldi:explicitMember dimension="cef:SecurityAxis">gsof:ReverseRepurchaseAgreementsMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <startDate>2013-06-01</startDate>
            <endDate>2014-05-31</endDate>
        </period>
    </context>
    <context id="FY2015_BorrowingsCommittedFacilityAgreementMember">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001380936</identifier>
            <segment>
                <xbrldi:explicitMember dimension="cef:SecurityAxis">gsof:BorrowingsCommittedFacilityAgreementMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <startDate>2014-06-01</startDate>
            <endDate>2015-05-31</endDate>
        </period>
    </context>
    <context id="FY2015_ReverseRepurchaseAgreementsMember">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001380936</identifier>
            <segment>
                <xbrldi:explicitMember dimension="cef:SecurityAxis">gsof:ReverseRepurchaseAgreementsMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <startDate>2014-06-01</startDate>
            <endDate>2015-05-31</endDate>
        </period>
    </context>
    <context id="FY2016_BorrowingsCommittedFacilityAgreementMember">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001380936</identifier>
            <segment>
                <xbrldi:explicitMember dimension="cef:SecurityAxis">gsof:BorrowingsCommittedFacilityAgreementMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <startDate>2015-06-01</startDate>
            <endDate>2016-05-31</endDate>
        </period>
    </context>
    <context id="FY2016_ReverseRepurchaseAgreementsMember">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001380936</identifier>
            <segment>
                <xbrldi:explicitMember dimension="cef:SecurityAxis">gsof:ReverseRepurchaseAgreementsMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <startDate>2015-06-01</startDate>
            <endDate>2016-05-31</endDate>
        </period>
    </context>
    <context id="FY2017_BorrowingsCommittedFacilityAgreementMember">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001380936</identifier>
            <segment>
                <xbrldi:explicitMember dimension="cef:SecurityAxis">gsof:BorrowingsCommittedFacilityAgreementMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <startDate>2016-06-01</startDate>
            <endDate>2017-05-31</endDate>
        </period>
    </context>
    <context id="FY2017_ReverseRepurchaseAgreementsMember">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001380936</identifier>
            <segment>
                <xbrldi:explicitMember dimension="cef:SecurityAxis">gsof:ReverseRepurchaseAgreementsMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <startDate>2016-06-01</startDate>
            <endDate>2017-05-31</endDate>
        </period>
    </context>
    <context id="FY2018_BorrowingsCommittedFacilityAgreementMember">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001380936</identifier>
            <segment>
                <xbrldi:explicitMember dimension="cef:SecurityAxis">gsof:BorrowingsCommittedFacilityAgreementMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <startDate>2017-06-01</startDate>
            <endDate>2018-05-31</endDate>
        </period>
    </context>
    <context id="FY2018_ReverseRepurchaseAgreementsMember">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001380936</identifier>
            <segment>
                <xbrldi:explicitMember dimension="cef:SecurityAxis">gsof:ReverseRepurchaseAgreementsMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <startDate>2017-06-01</startDate>
            <endDate>2018-05-31</endDate>
        </period>
    </context>
    <context id="FY2019_BorrowingsCommittedFacilityAgreementMember">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001380936</identifier>
            <segment>
                <xbrldi:explicitMember dimension="cef:SecurityAxis">gsof:BorrowingsCommittedFacilityAgreementMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <startDate>2018-06-01</startDate>
            <endDate>2019-05-31</endDate>
        </period>
    </context>
    <context id="FY2019_ReverseRepurchaseAgreementsMember">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001380936</identifier>
            <segment>
                <xbrldi:explicitMember dimension="cef:SecurityAxis">gsof:ReverseRepurchaseAgreementsMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <startDate>2018-06-01</startDate>
            <endDate>2019-05-31</endDate>
        </period>
    </context>
    <context id="FY2020_BorrowingsCommittedFacilityAgreementMember">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001380936</identifier>
            <segment>
                <xbrldi:explicitMember dimension="cef:SecurityAxis">gsof:BorrowingsCommittedFacilityAgreementMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <startDate>2019-06-01</startDate>
            <endDate>2020-05-31</endDate>
        </period>
    </context>
    <context id="FY2020_ReverseRepurchaseAgreementsMember">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001380936</identifier>
            <segment>
                <xbrldi:explicitMember dimension="cef:SecurityAxis">gsof:ReverseRepurchaseAgreementsMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <startDate>2019-06-01</startDate>
            <endDate>2020-05-31</endDate>
        </period>
    </context>
    <context id="FY2021_BorrowingsCommittedFacilityAgreementMember">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001380936</identifier>
            <segment>
                <xbrldi:explicitMember dimension="cef:SecurityAxis">gsof:BorrowingsCommittedFacilityAgreementMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <startDate>2020-06-01</startDate>
            <endDate>2021-05-31</endDate>
        </period>
    </context>
    <context id="FY2021_ReverseRepurchaseAgreementsMember">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001380936</identifier>
            <segment>
                <xbrldi:explicitMember dimension="cef:SecurityAxis">gsof:ReverseRepurchaseAgreementsMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <startDate>2020-06-01</startDate>
            <endDate>2021-05-31</endDate>
        </period>
    </context>
    <context id="I20210531_CommonSharesMember">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001380936</identifier>
            <segment>
                <xbrldi:explicitMember dimension="cef:SecurityAxis">gsof:CommonSharesMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <startDate>2021-05-31</startDate>
            <endDate>2021-05-31</endDate>
        </period>
    </context>
    <context id="I20210907_CommonSharesMember">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001380936</identifier>
            <segment>
                <xbrldi:explicitMember dimension="cef:SecurityAxis">gsof:CommonSharesMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <startDate>2021-09-07</startDate>
            <endDate>2021-09-07</endDate>
        </period>
    </context>
    <context id="I20210920_AntiTakeoverProvisionsRiskMember">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001380936</identifier>
            <segment>
                <xbrldi:explicitMember dimension="cef:RiskAxis">gsof:AntiTakeoverProvisionsRiskMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <startDate>2021-09-20</startDate>
            <endDate>2021-09-20</endDate>
        </period>
    </context>
    <context id="I20210920_AssetBackedSecuritiesRiskMember">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001380936</identifier>
            <segment>
                <xbrldi:explicitMember dimension="cef:RiskAxis">gsof:AssetBackedSecuritiesRiskMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <startDate>2021-09-20</startDate>
            <endDate>2021-09-20</endDate>
        </period>
    </context>
    <context id="I20210920_BelowInvestmentGradeSecuritiesRiskMember">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001380936</identifier>
            <segment>
                <xbrldi:explicitMember dimension="cef:RiskAxis">gsof:BelowInvestmentGradeSecuritiesRiskMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <startDate>2021-09-20</startDate>
            <endDate>2021-09-20</endDate>
        </period>
    </context>
    <context id="I20210920_BorrowingsMember">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001380936</identifier>
            <segment>
                <xbrldi:explicitMember dimension="cef:SecurityAxis">gsof:BorrowingsMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <startDate>2021-09-20</startDate>
            <endDate>2021-09-20</endDate>
        </period>
    </context>
    <context id="I20210920_CLOCDOAndCBORiskMember">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001380936</identifier>
            <segment>
                <xbrldi:explicitMember dimension="cef:RiskAxis">gsof:CLOCDOAndCBORiskMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <startDate>2021-09-20</startDate>
            <endDate>2021-09-20</endDate>
        </period>
    </context>
    <context id="I20210920_CommonEquitySecuritiesRiskMember">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001380936</identifier>
            <segment>
                <xbrldi:explicitMember dimension="cef:RiskAxis">gsof:CommonEquitySecuritiesRiskMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <startDate>2021-09-20</startDate>
            <endDate>2021-09-20</endDate>
        </period>
    </context>
    <context id="I20210920_CommonSharesMember">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001380936</identifier>
            <segment>
                <xbrldi:explicitMember dimension="cef:SecurityAxis">gsof:CommonSharesMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <startDate>2021-09-20</startDate>
            <endDate>2021-09-20</endDate>
        </period>
    </context>
    <context id="I20210920_ConflictsOfInterestRiskMember">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001380936</identifier>
            <segment>
                <xbrldi:explicitMember dimension="cef:RiskAxis">gsof:ConflictsOfInterestRiskMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <startDate>2021-09-20</startDate>
            <endDate>2021-09-20</endDate>
        </period>
    </context>
    <context id="I20210920_ConvertibleSecuritiesRiskMember">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001380936</identifier>
            <segment>
                <xbrldi:explicitMember dimension="cef:RiskAxis">gsof:ConvertibleSecuritiesRiskMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <startDate>2021-09-20</startDate>
            <endDate>2021-09-20</endDate>
        </period>
    </context>
    <context id="I20210920_CyberSecurityMarketDisruptionsAndOperationalRiskMember">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001380936</identifier>
            <segment>
                <xbrldi:explicitMember dimension="cef:RiskAxis">gsof:CyberSecurityMarketDisruptionsAndOperationalRiskMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <startDate>2021-09-20</startDate>
            <endDate>2021-09-20</endDate>
        </period>
    </context>
    <context id="I20210920_DerivativesTransactionsRiskMember">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001380936</identifier>
            <segment>
                <xbrldi:explicitMember dimension="cef:RiskAxis">gsof:DerivativesTransactionsRiskMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <startDate>2021-09-20</startDate>
            <endDate>2021-09-20</endDate>
        </period>
    </context>
    <context id="I20210920_DilutionRiskMember">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001380936</identifier>
            <segment>
                <xbrldi:explicitMember dimension="cef:RiskAxis">gsof:DilutionRiskMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <startDate>2021-09-20</startDate>
            <endDate>2021-09-20</endDate>
        </period>
    </context>
    <context id="I20210920_DistressedAndDefaultedSecuritiesRiskMember">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001380936</identifier>
            <segment>
                <xbrldi:explicitMember dimension="cef:RiskAxis">gsof:DistressedAndDefaultedSecuritiesRiskMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <startDate>2021-09-20</startDate>
            <endDate>2021-09-20</endDate>
        </period>
    </context>
    <context id="I20210920_DividendRiskMember">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001380936</identifier>
            <segment>
                <xbrldi:explicitMember dimension="cef:RiskAxis">gsof:DividendRiskMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <startDate>2021-09-20</startDate>
            <endDate>2021-09-20</endDate>
        </period>
    </context>
    <context id="I20210920_EmergingMarketsRiskMember">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001380936</identifier>
            <segment>
                <xbrldi:explicitMember dimension="cef:RiskAxis">gsof:EmergingMarketsRiskMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <startDate>2021-09-20</startDate>
            <endDate>2021-09-20</endDate>
        </period>
    </context>
    <context id="I20210920_FinancialLeverageAndLeveragedTransactionsRiskMember">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001380936</identifier>
            <segment>
                <xbrldi:explicitMember dimension="cef:RiskAxis">gsof:FinancialLeverageAndLeveragedTransactionsRiskMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <startDate>2021-09-20</startDate>
            <endDate>2021-09-20</endDate>
        </period>
    </context>
    <context id="I20210920_ForeignCurrencyRiskMember">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001380936</identifier>
            <segment>
                <xbrldi:explicitMember dimension="cef:RiskAxis">gsof:ForeignCurrencyRiskMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <startDate>2021-09-20</startDate>
            <endDate>2021-09-20</endDate>
        </period>
    </context>
    <context id="I20210920_ForeignSecuritiesRiskMember">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001380936</identifier>
            <segment>
                <xbrldi:explicitMember dimension="cef:RiskAxis">gsof:ForeignSecuritiesRiskMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <startDate>2021-09-20</startDate>
            <endDate>2021-09-20</endDate>
        </period>
    </context>
    <context id="I20210920_IncomeRiskMember">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001380936</identifier>
            <segment>
                <xbrldi:explicitMember dimension="cef:RiskAxis">gsof:IncomeRiskMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <startDate>2021-09-20</startDate>
            <endDate>2021-09-20</endDate>
        </period>
    </context>
    <context id="I20210920_IncomeSecuritiesRiskMember">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001380936</identifier>
            <segment>
                <xbrldi:explicitMember dimension="cef:RiskAxis">gsof:IncomeSecuritiesRiskMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <startDate>2021-09-20</startDate>
            <endDate>2021-09-20</endDate>
        </period>
    </context>
    <context id="I20210920_IncreasingGovernmentAndOtherPublicDebtRiskMember">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001380936</identifier>
            <segment>
                <xbrldi:explicitMember dimension="cef:RiskAxis">gsof:IncreasingGovernmentAndOtherPublicDebtRiskMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <startDate>2021-09-20</startDate>
            <endDate>2021-09-20</endDate>
        </period>
    </context>
    <context id="I20210920_InflationDeflationRiskMember">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001380936</identifier>
            <segment>
                <xbrldi:explicitMember dimension="cef:RiskAxis">gsof:InflationDeflationRiskMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <startDate>2021-09-20</startDate>
            <endDate>2021-09-20</endDate>
        </period>
    </context>
    <context id="I20210920_InvestmentAndMarketRiskMember">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001380936</identifier>
            <segment>
                <xbrldi:explicitMember dimension="cef:RiskAxis">gsof:InvestmentAndMarketRiskMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <startDate>2021-09-20</startDate>
            <endDate>2021-09-20</endDate>
        </period>
    </context>
    <context id="I20210920_InvestmentFundsRiskMember">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001380936</identifier>
            <segment>
                <xbrldi:explicitMember dimension="cef:RiskAxis">gsof:InvestmentFundsRiskMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <startDate>2021-09-20</startDate>
            <endDate>2021-09-20</endDate>
        </period>
    </context>
    <context id="I20210920_LegislationAndRegulationRiskMember">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001380936</identifier>
            <segment>
                <xbrldi:explicitMember dimension="cef:RiskAxis">gsof:LegislationAndRegulationRiskMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <startDate>2021-09-20</startDate>
            <endDate>2021-09-20</endDate>
        </period>
    </context>
    <context id="I20210920_LIBORReplacementRiskMember">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001380936</identifier>
            <segment>
                <xbrldi:explicitMember dimension="cef:RiskAxis">gsof:LIBORReplacementRiskMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <startDate>2021-09-20</startDate>
            <endDate>2021-09-20</endDate>
        </period>
    </context>
    <context id="I20210920_LoansAndLoanParticipationsAndAssignmentsRiskMember">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001380936</identifier>
            <segment>
                <xbrldi:explicitMember dimension="cef:RiskAxis">gsof:LoansAndLoanParticipationsAndAssignmentsRiskMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <startDate>2021-09-20</startDate>
            <endDate>2021-09-20</endDate>
        </period>
    </context>
    <context id="I20210920_ManagementRiskMember">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001380936</identifier>
            <segment>
                <xbrldi:explicitMember dimension="cef:RiskAxis">gsof:ManagementRiskMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <startDate>2021-09-20</startDate>
            <endDate>2021-09-20</endDate>
        </period>
    </context>
    <context id="I20210920_MarketDiscountRiskMember">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001380936</identifier>
            <segment>
                <xbrldi:explicitMember dimension="cef:RiskAxis">gsof:MarketDiscountRiskMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <startDate>2021-09-20</startDate>
            <endDate>2021-09-20</endDate>
        </period>
    </context>
    <context id="I20210920_MarketDisruptionAndGeopoliticalRiskMember">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001380936</identifier>
            <segment>
                <xbrldi:explicitMember dimension="cef:RiskAxis">gsof:MarketDisruptionAndGeopoliticalRiskMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <startDate>2021-09-20</startDate>
            <endDate>2021-09-20</endDate>
        </period>
    </context>
    <context id="I20210920_MezzanineInvestmentsRiskMember">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001380936</identifier>
            <segment>
                <xbrldi:explicitMember dimension="cef:RiskAxis">gsof:MezzanineInvestmentsRiskMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <startDate>2021-09-20</startDate>
            <endDate>2021-09-20</endDate>
        </period>
    </context>
    <context id="I20210920_MortgageBackedSecuritiesRiskMember">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001380936</identifier>
            <segment>
                <xbrldi:explicitMember dimension="cef:RiskAxis">gsof:MortgageBackedSecuritiesRiskMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <startDate>2021-09-20</startDate>
            <endDate>2021-09-20</endDate>
        </period>
    </context>
    <context id="I20210920_MunicipalSecuritiesRiskMember">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001380936</identifier>
            <segment>
                <xbrldi:explicitMember dimension="cef:RiskAxis">gsof:MunicipalSecuritiesRiskMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <startDate>2021-09-20</startDate>
            <endDate>2021-09-20</endDate>
        </period>
    </context>
    <context id="I20210920_NotACompleteInvestmentProgramMember">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001380936</identifier>
            <segment>
                <xbrldi:explicitMember dimension="cef:RiskAxis">gsof:NotACompleteInvestmentProgramMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <startDate>2021-09-20</startDate>
            <endDate>2021-09-20</endDate>
        </period>
    </context>
    <context id="I20210920_PortfolioTurnoverRiskMember">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001380936</identifier>
            <segment>
                <xbrldi:explicitMember dimension="cef:RiskAxis">gsof:PortfolioTurnoverRiskMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <startDate>2021-09-20</startDate>
            <endDate>2021-09-20</endDate>
        </period>
    </context>
    <context id="I20210920_PreferredSharesMember">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001380936</identifier>
            <segment>
                <xbrldi:explicitMember dimension="cef:SecurityAxis">gsof:PreferredSharesMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <startDate>2021-09-20</startDate>
            <endDate>2021-09-20</endDate>
        </period>
    </context>
    <context id="I20210920_PreferredStockRiskMember">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001380936</identifier>
            <segment>
                <xbrldi:explicitMember dimension="cef:RiskAxis">gsof:PreferredStockRiskMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <startDate>2021-09-20</startDate>
            <endDate>2021-09-20</endDate>
        </period>
    </context>
    <context id="I20210920_PrivateSecuritiesRiskMember">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001380936</identifier>
            <segment>
                <xbrldi:explicitMember dimension="cef:RiskAxis">gsof:PrivateSecuritiesRiskMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <startDate>2021-09-20</startDate>
            <endDate>2021-09-20</endDate>
        </period>
    </context>
    <context id="I20210920_RecentMarketDevelopmentsRiskMember">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001380936</identifier>
            <segment>
                <xbrldi:explicitMember dimension="cef:RiskAxis">gsof:RecentMarketDevelopmentsRiskMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <startDate>2021-09-20</startDate>
            <endDate>2021-09-20</endDate>
        </period>
    </context>
    <context id="I20210920_RedenominationRiskMember">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001380936</identifier>
            <segment>
                <xbrldi:explicitMember dimension="cef:RiskAxis">gsof:RedenominationRiskMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <startDate>2021-09-20</startDate>
            <endDate>2021-09-20</endDate>
        </period>
    </context>
    <context id="I20210920_RepurchaseAgreementRiskMember">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001380936</identifier>
            <segment>
                <xbrldi:explicitMember dimension="cef:RiskAxis">gsof:RepurchaseAgreementRiskMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <startDate>2021-09-20</startDate>
            <endDate>2021-09-20</endDate>
        </period>
    </context>
    <context id="I20210920_RiskOfFailureToQualifyAsARICMember">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001380936</identifier>
            <segment>
                <xbrldi:explicitMember dimension="cef:RiskAxis">gsof:RiskOfFailureToQualifyAsARICMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <startDate>2021-09-20</startDate>
            <endDate>2021-09-20</endDate>
        </period>
    </context>
    <context id="I20210920_RisksAssociatedWithRiskLinkedSecuritiesMember">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001380936</identifier>
            <segment>
                <xbrldi:explicitMember dimension="cef:RiskAxis">gsof:RisksAssociatedWithRiskLinkedSecuritiesMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <startDate>2021-09-20</startDate>
            <endDate>2021-09-20</endDate>
        </period>
    </context>
    <context id="I20210920_RisksAssociatedWithStructuredNotesMember">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001380936</identifier>
            <segment>
                <xbrldi:explicitMember dimension="cef:RiskAxis">gsof:RisksAssociatedWithStructuredNotesMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <startDate>2021-09-20</startDate>
            <endDate>2021-09-20</endDate>
        </period>
    </context>
    <context id="I20210920_RisksAssociatedWithTheFundsCoveredCallOptionStrategyAndPutOptionsMember">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001380936</identifier>
            <segment>
                <xbrldi:explicitMember dimension="cef:RiskAxis">gsof:RisksAssociatedWithTheFundsCoveredCallOptionStrategyAndPutOptionsMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <startDate>2021-09-20</startDate>
            <endDate>2021-09-20</endDate>
        </period>
    </context>
    <context id="I20210920_RisksOfPersonalPropertyAssetCompaniesMember">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001380936</identifier>
            <segment>
                <xbrldi:explicitMember dimension="cef:RiskAxis">gsof:RisksOfPersonalPropertyAssetCompaniesMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <startDate>2021-09-20</startDate>
            <endDate>2021-09-20</endDate>
        </period>
    </context>
    <context id="I20210920_RisksOfRealPropertyAssetCompaniesMember">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001380936</identifier>
            <segment>
                <xbrldi:explicitMember dimension="cef:RiskAxis">gsof:RisksOfRealPropertyAssetCompaniesMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <startDate>2021-09-20</startDate>
            <endDate>2021-09-20</endDate>
        </period>
    </context>
    <context id="I20210920_SecondLienLoansRiskMember">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001380936</identifier>
            <segment>
                <xbrldi:explicitMember dimension="cef:RiskAxis">gsof:SecondLienLoansRiskMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <startDate>2021-09-20</startDate>
            <endDate>2021-09-20</endDate>
        </period>
    </context>
    <context id="I20210920_SecuritiesLendingRiskMember">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001380936</identifier>
            <segment>
                <xbrldi:explicitMember dimension="cef:RiskAxis">gsof:SecuritiesLendingRiskMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <startDate>2021-09-20</startDate>
            <endDate>2021-09-20</endDate>
        </period>
    </context>
    <context id="I20210920_SeniorLoansRiskMember">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001380936</identifier>
            <segment>
                <xbrldi:explicitMember dimension="cef:RiskAxis">gsof:SeniorLoansRiskMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <startDate>2021-09-20</startDate>
            <endDate>2021-09-20</endDate>
        </period>
    </context>
    <context id="I20210920_ShortSalesRiskMember">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001380936</identifier>
            <segment>
                <xbrldi:explicitMember dimension="cef:RiskAxis">gsof:ShortSalesRiskMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <startDate>2021-09-20</startDate>
            <endDate>2021-09-20</endDate>
        </period>
    </context>
    <context id="I20210920_SovereignDebtRiskMember">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001380936</identifier>
            <segment>
                <xbrldi:explicitMember dimension="cef:RiskAxis">gsof:SovereignDebtRiskMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <startDate>2021-09-20</startDate>
            <endDate>2021-09-20</endDate>
        </period>
    </context>
    <context id="I20210920_StructuredFinanceInvestmentsRiskMember">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001380936</identifier>
            <segment>
                <xbrldi:explicitMember dimension="cef:RiskAxis">gsof:StructuredFinanceInvestmentsRiskMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <startDate>2021-09-20</startDate>
            <endDate>2021-09-20</endDate>
        </period>
    </context>
    <context id="I20210920_SubordinatedSecuredLoansRiskMember">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001380936</identifier>
            <segment>
                <xbrldi:explicitMember dimension="cef:RiskAxis">gsof:SubordinatedSecuredLoansRiskMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <startDate>2021-09-20</startDate>
            <endDate>2021-09-20</endDate>
        </period>
    </context>
    <context id="I20210920_SyntheticInvestmentsRiskMember">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001380936</identifier>
            <segment>
                <xbrldi:explicitMember dimension="cef:RiskAxis">gsof:SyntheticInvestmentsRiskMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <startDate>2021-09-20</startDate>
            <endDate>2021-09-20</endDate>
        </period>
    </context>
    <context id="I20210920_TechnologyRiskMember">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001380936</identifier>
            <segment>
                <xbrldi:explicitMember dimension="cef:RiskAxis">gsof:TechnologyRiskMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <startDate>2021-09-20</startDate>
            <endDate>2021-09-20</endDate>
        </period>
    </context>
    <context id="I20210920_UKDepartureFromEUBrexitRiskMember">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001380936</identifier>
            <segment>
                <xbrldi:explicitMember dimension="cef:RiskAxis">gsof:UKDepartureFromEUBrexitRiskMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <startDate>2021-09-20</startDate>
            <endDate>2021-09-20</endDate>
        </period>
    </context>
    <context id="I20210920_UnsecuredLoansRiskMember">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001380936</identifier>
            <segment>
                <xbrldi:explicitMember dimension="cef:RiskAxis">gsof:UnsecuredLoansRiskMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <startDate>2021-09-20</startDate>
            <endDate>2021-09-20</endDate>
        </period>
    </context>
    <context id="I20210920_USGovernmentSecuritiesRiskMember">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001380936</identifier>
            <segment>
                <xbrldi:explicitMember dimension="cef:RiskAxis">gsof:USGovernmentSecuritiesRiskMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <startDate>2021-09-20</startDate>
            <endDate>2021-09-20</endDate>
        </period>
    </context>
    <context id="I20210920_WhenIssuedAndDelayedDeliveryTransactionsRiskMember">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001380936</identifier>
            <segment>
                <xbrldi:explicitMember dimension="cef:RiskAxis">gsof:WhenIssuedAndDelayedDeliveryTransactionsRiskMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <startDate>2021-09-20</startDate>
            <endDate>2021-09-20</endDate>
        </period>
    </context>
    <context id="Q12020_CommonSharesMember">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001380936</identifier>
            <segment>
                <xbrldi:explicitMember dimension="cef:SecurityAxis">gsof:CommonSharesMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <startDate>2020-03-01</startDate>
            <endDate>2020-05-31</endDate>
        </period>
    </context>
    <context id="Q12021_CommonSharesMember">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001380936</identifier>
            <segment>
                <xbrldi:explicitMember dimension="cef:SecurityAxis">gsof:CommonSharesMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <startDate>2021-03-01</startDate>
            <endDate>2021-05-31</endDate>
        </period>
    </context>
    <context id="Q22019_CommonSharesMember">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001380936</identifier>
            <segment>
                <xbrldi:explicitMember dimension="cef:SecurityAxis">gsof:CommonSharesMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <startDate>2019-06-01</startDate>
            <endDate>2019-08-31</endDate>
        </period>
    </context>
    <context id="Q22020_CommonSharesMember">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001380936</identifier>
            <segment>
                <xbrldi:explicitMember dimension="cef:SecurityAxis">gsof:CommonSharesMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <startDate>2020-06-01</startDate>
            <endDate>2020-08-31</endDate>
        </period>
    </context>
    <context id="Q22021_CommonSharesMember">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001380936</identifier>
            <segment>
                <xbrldi:explicitMember dimension="cef:SecurityAxis">gsof:CommonSharesMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <startDate>2021-06-01</startDate>
            <endDate>2021-08-31</endDate>
        </period>
    </context>
    <context id="Q32019_CommonSharesMember">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001380936</identifier>
            <segment>
                <xbrldi:explicitMember dimension="cef:SecurityAxis">gsof:CommonSharesMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <startDate>2019-09-01</startDate>
            <endDate>2019-11-30</endDate>
        </period>
    </context>
    <context id="Q32020_CommonSharesMember">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001380936</identifier>
            <segment>
                <xbrldi:explicitMember dimension="cef:SecurityAxis">gsof:CommonSharesMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <startDate>2020-09-01</startDate>
            <endDate>2020-11-30</endDate>
        </period>
    </context>
    <context id="Q42020_CommonSharesMember">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001380936</identifier>
            <segment>
                <xbrldi:explicitMember dimension="cef:SecurityAxis">gsof:CommonSharesMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <startDate>2019-12-01</startDate>
            <endDate>2020-02-29</endDate>
        </period>
    </context>
    <context id="Q42021_CommonSharesMember">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001380936</identifier>
            <segment>
                <xbrldi:explicitMember dimension="cef:SecurityAxis">gsof:CommonSharesMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <startDate>2020-12-01</startDate>
            <endDate>2021-02-28</endDate>
        </period>
    </context>
    <unit id="pure">
        <measure>pure</measure>
    </unit>
    <unit id="USD">
        <measure>iso4217:USD</measure>
    </unit>
    <unit id="shares">
        <measure>shares</measure>
    </unit>
    <unit id="USD_shares">
        <divide>
            <unitNumerator>
                <measure>iso4217:USD</measure>
            </unitNumerator>
            <unitDenominator>
                <measure>shares</measure>
            </unitDenominator>
        </divide>
    </unit>
    <cef:SeniorSecuritiesCoveragePerUnit
      contextRef="FY2020_ReverseRepurchaseAgreementsMember"
      id="h_26_03015968_3104_f2e1_2361_a4e34989212e"
      unitRef="USD_shares"
      xsi:nil="true"/>
    <cef:SeniorSecuritiesCoveragePerUnit
      contextRef="FY2012_ReverseRepurchaseAgreementsMember"
      id="h_26_07df73fe_310e_cde6_2770_57d7884c5fa0"
      unitRef="USD_shares"
      xsi:nil="true"/>
    <cef:SeniorSecuritiesInvoluntaryLiquidatingPreferencePerUnit
      contextRef="FY2021_ReverseRepurchaseAgreementsMember"
      id="h_26_0eee9865_bcc2_69a7_64d0_9f03835625ef"
      unitRef="USD_shares"
      xsi:nil="true"/>
    <cef:SeniorSecuritiesAverageMarketValuePerUnit
      contextRef="FY2018_ReverseRepurchaseAgreementsMember"
      id="h_26_193826c4_0c4c_4d1a_fdaa_bc791d823505"
      unitRef="USD_shares"
      xsi:nil="true"/>
    <cef:SeniorSecuritiesAmount
      contextRef="FY2018_BorrowingsCommittedFacilityAgreementMember"
      id="h_26_1e774b6c_7bcc_6a97_df9a_b4fabd054356"
      unitRef="USD"
      xsi:nil="true"/>
    <cef:SeniorSecuritiesCoveragePerUnit
      contextRef="FY2018_BorrowingsCommittedFacilityAgreementMember"
      id="h_26_31681ccb_7c84_3df4_f40e_2d6fa53d9595"
      unitRef="USD_shares"
      xsi:nil="true"/>
    <cef:SeniorSecuritiesAverageMarketValuePerUnit
      contextRef="FY2021_BorrowingsCommittedFacilityAgreementMember"
      id="h_26_35b8d72b_245a_c9b1_8851_ca95bf99d8bc"
      unitRef="USD_shares"
      xsi:nil="true"/>
    <cef:SeniorSecuritiesAverageMarketValuePerUnit
      contextRef="FY2012_BorrowingsCommittedFacilityAgreementMember"
      id="h_26_3670f224_261d_c668_c088_2a3bc7945f37"
      unitRef="USD_shares"
      xsi:nil="true"/>
    <cef:SeniorSecuritiesInvoluntaryLiquidatingPreferencePerUnit
      contextRef="FY2012_ReverseRepurchaseAgreementsMember"
      id="h_26_37a68e65_5acd_83df_8c9b_a46712b9f452"
      unitRef="USD_shares"
      xsi:nil="true"/>
    <cef:SeniorSecuritiesAverageMarketValuePerUnit
      contextRef="FY2015_BorrowingsCommittedFacilityAgreementMember"
      id="h_26_3a966a27_c29b_6d2c_9591_573244e6f123"
      unitRef="USD_shares"
      xsi:nil="true"/>
    <cef:SeniorSecuritiesInvoluntaryLiquidatingPreferencePerUnit
      contextRef="FY2015_ReverseRepurchaseAgreementsMember"
      id="h_26_3f712cc2_7795_ca09_ea3f_3a4f3efe1536"
      unitRef="USD_shares"
      xsi:nil="true"/>
    <cef:SeniorSecuritiesAverageMarketValuePerUnit
      contextRef="FY2014_BorrowingsCommittedFacilityAgreementMember"
      id="h_26_40be2675_1d49_e67d_3f01_584643ffaab0"
      unitRef="USD_shares"
      xsi:nil="true"/>
    <cef:SeniorSecuritiesInvoluntaryLiquidatingPreferencePerUnit
      contextRef="FY2018_BorrowingsCommittedFacilityAgreementMember"
      id="h_26_42421524_acc8_59cc_b5c1_723ab379ff93"
      unitRef="USD_shares"
      xsi:nil="true"/>
    <cef:SeniorSecuritiesAverageMarketValuePerUnit
      contextRef="FY2016_BorrowingsCommittedFacilityAgreementMember"
      id="h_26_4d056319_485f_e85e_cd64_c52089771e28"
      unitRef="USD_shares"
      xsi:nil="true"/>
    <cef:SeniorSecuritiesAverageMarketValuePerUnit
      contextRef="FY2018_BorrowingsCommittedFacilityAgreementMember"
      id="h_26_4f75ee45_656c_f98c_c8aa_2ab88c84816c"
      unitRef="USD_shares"
      xsi:nil="true"/>
    <cef:SeniorSecuritiesInvoluntaryLiquidatingPreferencePerUnit
      contextRef="FY2018_ReverseRepurchaseAgreementsMember"
      id="h_26_513283b0_1ef8_422a_1df2_767bcef6c618"
      unitRef="USD_shares"
      xsi:nil="true"/>
    <cef:SeniorSecuritiesInvoluntaryLiquidatingPreferencePerUnit
      contextRef="FY2017_ReverseRepurchaseAgreementsMember"
      id="h_26_5700df6a_4292_fd88_ea45_fc89e3074c19"
      unitRef="USD_shares"
      xsi:nil="true"/>
    <cef:SeniorSecuritiesCoveragePerUnit
      contextRef="FY2013_ReverseRepurchaseAgreementsMember"
      id="h_26_6a2f2612_df1d_ec72_5962_82adaac0aea6"
      unitRef="USD_shares"
      xsi:nil="true"/>
    <cef:SeniorSecuritiesAverageMarketValuePerUnit
      contextRef="FY2019_ReverseRepurchaseAgreementsMember"
      id="h_26_6b996a4b_9fcd_c410_d016_dbeee44f1c1b"
      unitRef="USD_shares"
      xsi:nil="true"/>
    <cef:SeniorSecuritiesInvoluntaryLiquidatingPreferencePerUnit
      contextRef="FY2013_ReverseRepurchaseAgreementsMember"
      id="h_26_6bd00195_83da_0c07_8ef0_086bfaa0730d"
      unitRef="USD_shares"
      xsi:nil="true"/>
    <cef:SeniorSecuritiesInvoluntaryLiquidatingPreferencePerUnit
      contextRef="FY2017_BorrowingsCommittedFacilityAgreementMember"
      id="h_26_6ef3704f_4664_387e_651f_90284bc134d0"
      unitRef="USD_shares"
      xsi:nil="true"/>
    <cef:SeniorSecuritiesInvoluntaryLiquidatingPreferencePerUnit
      contextRef="FY2020_BorrowingsCommittedFacilityAgreementMember"
      id="h_26_6efe55d0_e2c0_a4b9_05bc_2f3338f7276a"
      unitRef="USD_shares"
      xsi:nil="true"/>
    <cef:SeniorSecuritiesInvoluntaryLiquidatingPreferencePerUnit
      contextRef="FY2016_BorrowingsCommittedFacilityAgreementMember"
      id="h_26_6fd2340d_ffd5_c504_991b_6b28dd0cc7a9"
      unitRef="USD_shares"
      xsi:nil="true"/>
    <cef:SeniorSecuritiesInvoluntaryLiquidatingPreferencePerUnit
      contextRef="FY2014_ReverseRepurchaseAgreementsMember"
      id="h_26_700f5caf_cd67_8576_c097_42297f811d06"
      unitRef="USD_shares"
      xsi:nil="true"/>
    <cef:SeniorSecuritiesAverageMarketValuePerUnit
      contextRef="FY2019_BorrowingsCommittedFacilityAgreementMember"
      id="h_26_71323dac_0dfb_0c79_ca4b_2cbed7278fdf"
      unitRef="USD_shares"
      xsi:nil="true"/>
    <cef:SeniorSecuritiesInvoluntaryLiquidatingPreferencePerUnit
      contextRef="FY2016_ReverseRepurchaseAgreementsMember"
      id="h_26_7745a167_f95b_5be6_d4f0_d347f546879c"
      unitRef="USD_shares"
      xsi:nil="true"/>
    <cef:SeniorSecuritiesAverageMarketValuePerUnit
      contextRef="FY2017_ReverseRepurchaseAgreementsMember"
      id="h_26_787073c6_c1f5_75db_99d5_a28e5741717b"
      unitRef="USD_shares"
      xsi:nil="true"/>
    <cef:SeniorSecuritiesCoveragePerUnit
      contextRef="FY2021_ReverseRepurchaseAgreementsMember"
      id="h_26_7da213e3_40b1_12a6_5f73_bbaaaedafc93"
      unitRef="USD_shares"
      xsi:nil="true"/>
    <cef:SeniorSecuritiesInvoluntaryLiquidatingPreferencePerUnit
      contextRef="FY2013_BorrowingsCommittedFacilityAgreementMember"
      id="h_26_7f9eddb5_bb43_9713_5bc1_26a9cd29937e"
      unitRef="USD_shares"
      xsi:nil="true"/>
    <cef:SeniorSecuritiesCoveragePerUnit
      contextRef="FY2018_ReverseRepurchaseAgreementsMember"
      id="h_26_80da2bcf_deec_1071_693f_59603d1592eb"
      unitRef="USD_shares"
      xsi:nil="true"/>
    <cef:SeniorSecuritiesInvoluntaryLiquidatingPreferencePerUnit
      contextRef="FY2012_BorrowingsCommittedFacilityAgreementMember"
      id="h_26_948ed65d_c95d_edb6_9880_5778caaef224"
      unitRef="USD_shares"
      xsi:nil="true"/>
    <cef:SeniorSecuritiesInvoluntaryLiquidatingPreferencePerUnit
      contextRef="FY2021_BorrowingsCommittedFacilityAgreementMember"
      id="h_26_a41c652c_397f_cede_b0a2_eaf415fc3535"
      unitRef="USD_shares"
      xsi:nil="true"/>
    <cef:SeniorSecuritiesAverageMarketValuePerUnit
      contextRef="FY2014_ReverseRepurchaseAgreementsMember"
      id="h_26_a4cab739_9b5f_4ffb_3146_1920a49c51ff"
      unitRef="USD_shares"
      xsi:nil="true"/>
    <cef:SeniorSecuritiesAverageMarketValuePerUnit
      contextRef="FY2013_BorrowingsCommittedFacilityAgreementMember"
      id="h_26_a61b6b33_9ede_d800_614c_b0a8cdb0d5b4"
      unitRef="USD_shares"
      xsi:nil="true"/>
    <cef:SeniorSecuritiesAverageMarketValuePerUnit
      contextRef="FY2020_BorrowingsCommittedFacilityAgreementMember"
      id="h_26_a8255de5_cd82_6080_a548_fc39d25480da"
      unitRef="USD_shares"
      xsi:nil="true"/>
    <cef:SeniorSecuritiesCoveragePerUnit
      contextRef="FY2019_ReverseRepurchaseAgreementsMember"
      id="h_26_ae598643_d275_d152_abac_88944025ccb6"
      unitRef="USD_shares"
      xsi:nil="true"/>
    <cef:SeniorSecuritiesCoveragePerUnit
      contextRef="FY2014_ReverseRepurchaseAgreementsMember"
      id="h_26_aec0c12f_d2fc_17ed_7098_0ac739bcebae"
      unitRef="USD_shares"
      xsi:nil="true"/>
    <cef:SeniorSecuritiesAverageMarketValuePerUnit
      contextRef="FY2021_ReverseRepurchaseAgreementsMember"
      id="h_26_b6dfced1_d198_de24_e2be_3497eb912849"
      unitRef="USD_shares"
      xsi:nil="true"/>
    <cef:SeniorSecuritiesAmount
      contextRef="FY2019_ReverseRepurchaseAgreementsMember"
      id="h_26_b9561568_9675_0134_b5b5_9f08eda50426"
      unitRef="USD"
      xsi:nil="true"/>
    <cef:SeniorSecuritiesAverageMarketValuePerUnit
      contextRef="FY2012_ReverseRepurchaseAgreementsMember"
      id="h_26_bb6ded07_2c46_9f2a_929e_5ab42a042da2"
      unitRef="USD_shares"
      xsi:nil="true"/>
    <cef:SeniorSecuritiesAverageMarketValuePerUnit
      contextRef="FY2013_ReverseRepurchaseAgreementsMember"
      id="h_26_bbc4eea2_0c58_4404_d9dc_51b73431cdf5"
      unitRef="USD_shares"
      xsi:nil="true"/>
    <cef:SeniorSecuritiesInvoluntaryLiquidatingPreferencePerUnit
      contextRef="FY2020_ReverseRepurchaseAgreementsMember"
      id="h_26_c2c29e18_1f40_84aa_a3f0_4343be7d682b"
      unitRef="USD_shares"
      xsi:nil="true"/>
    <cef:SeniorSecuritiesCoveragePerUnit
      contextRef="FY2015_ReverseRepurchaseAgreementsMember"
      id="h_26_c5c473f6_6275_acd7_e255_48ee07da69fc"
      unitRef="USD_shares"
      xsi:nil="true"/>
    <cef:SeniorSecuritiesAverageMarketValuePerUnit
      contextRef="FY2016_ReverseRepurchaseAgreementsMember"
      id="h_26_c7315498_15ac_f408_3b41_478decb3bca9"
      unitRef="USD_shares"
      xsi:nil="true"/>
    <cef:SeniorSecuritiesInvoluntaryLiquidatingPreferencePerUnit
      contextRef="FY2019_ReverseRepurchaseAgreementsMember"
      id="h_26_d4e7450e_7e63_7b8c_f154_a0f355f315a2"
      unitRef="USD_shares"
      xsi:nil="true"/>
    <cef:SeniorSecuritiesCoveragePerUnit
      contextRef="FY2019_BorrowingsCommittedFacilityAgreementMember"
      id="h_26_d8ca5923_da4c_0005_5fa5_deff6337a851"
      unitRef="USD_shares"
      xsi:nil="true"/>
    <cef:SeniorSecuritiesCoveragePerUnit
      contextRef="FY2017_ReverseRepurchaseAgreementsMember"
      id="h_26_db5997f0_6004_d6fe_505c_6aeab77b9f12"
      unitRef="USD_shares"
      xsi:nil="true"/>
    <cef:SeniorSecuritiesInvoluntaryLiquidatingPreferencePerUnit
      contextRef="FY2019_BorrowingsCommittedFacilityAgreementMember"
      id="h_26_e0167e53_64eb_0553_e56d_c0757f733e5c"
      unitRef="USD_shares"
      xsi:nil="true"/>
    <cef:SeniorSecuritiesCoveragePerUnit
      contextRef="FY2016_ReverseRepurchaseAgreementsMember"
      id="h_26_e64e4a8d_f393_5939_5534_0e8d50f5374b"
      unitRef="USD_shares"
      xsi:nil="true"/>
    <cef:SeniorSecuritiesAverageMarketValuePerUnit
      contextRef="FY2020_ReverseRepurchaseAgreementsMember"
      id="h_26_e825aaa2_5fbf_ffb3_d07c_5d85de02f8bf"
      unitRef="USD_shares"
      xsi:nil="true"/>
    <cef:SeniorSecuritiesInvoluntaryLiquidatingPreferencePerUnit
      contextRef="FY2015_BorrowingsCommittedFacilityAgreementMember"
      id="h_26_ef2acbf1_0d02_1d7e_8d73_a2f818167fc7"
      unitRef="USD_shares"
      xsi:nil="true"/>
    <cef:SeniorSecuritiesAverageMarketValuePerUnit
      contextRef="FY2017_BorrowingsCommittedFacilityAgreementMember"
      id="h_26_f0617c94_bdb3_912e_0413_967539a3d814"
      unitRef="USD_shares"
      xsi:nil="true"/>
    <cef:SeniorSecuritiesInvoluntaryLiquidatingPreferencePerUnit
      contextRef="FY2014_BorrowingsCommittedFacilityAgreementMember"
      id="h_26_f1187497_3c06_6048_7f1d_bb2bc6264056"
      unitRef="USD_shares"
      xsi:nil="true"/>
    <cef:SeniorSecuritiesAmount
      contextRef="FY2019_BorrowingsCommittedFacilityAgreementMember"
      id="h_26_feb763ab_a9d4_6ca8_11e4_27a730481d41"
      unitRef="USD"
      xsi:nil="true"/>
    <cef:SeniorSecuritiesAverageMarketValuePerUnit
      contextRef="FY2015_ReverseRepurchaseAgreementsMember"
      id="h_26_fec4b63a_7b40_d13e_9b8d_c4c1112814d0"
      unitRef="USD_shares"
      xsi:nil="true"/>
    <cef:OutstandingSecurityHeldShares
      contextRef="I20210531_CommonSharesMember"
      id="h_3_05f1e8a6_0868_2019_5a76_4345ece2c6fa"
      unitRef="shares"
      xsi:nil="true"/>
    <cef:OutstandingSecurityAuthorizedShares
      contextRef="I20210531_CommonSharesMember"
      id="h_4_32d711bc-8371-eaaf-75ce-ae4badb0db87"
      unitRef="shares"
      xsi:nil="true"/>
    <dei:AmendmentFlag
      contextRef="DefaultContext"
      id="h3_c661277e_5cbb_4931_b74d_519e84636643">false</dei:AmendmentFlag>
    <dei:EntityCentralIndexKey
      contextRef="DefaultContext"
      id="h1_e383a933_ad6e_4dde_8803_66d409b3080d">0001380936</dei:EntityCentralIndexKey>
    <dei:DocumentType
      contextRef="DefaultContext"
      id="h7_4dc7da65_3f6f_4338_a3d6_da2e48e4b162">424B5</dei:DocumentType>
    <dei:EntityRegistrantName
      contextRef="DefaultContext"
      id="t_1_c5d13525_ad8f_e4ec_3e5d_0f7b2ce5e5fa">GUGGENHEIM STRATEGIC OPPORTUNITIES FUND</dei:EntityRegistrantName>
    <cef:PurposeOfFeeTableNoteTextBlock
      contextRef="DefaultContext"
      id="t_2_19147c60_fcdf_12c1_1696_e932b9946344"> &lt;div style="line-height: 12.02pt; margin-top: 5.29pt; text-align: left;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;The following table contains information about the costs and expenses that the Common Shareholders will bear directly or &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;indirectly. The table reflects the use of leverage in an amount equal to 24.3% of the Fund&#x2019;s total managed assets, which reflects &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;approximately the percentage of the Fund&#x2019;s total managed assets attributable to leverage as of November 30, 2022 (unaudited), &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;and shows Fund expenses as a percentage of net assets attributable to the Common Shares. The table and example below are &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;based on the Fund&#x2019;s capital structure as of November 30, 2022 (unaudited) after giving effect to the anticipated net proceeds of &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;the Common Shares offered pursuant to this Prospectus Supplement and assuming the Fund incurs the estimated offering &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;expenses. The extent of the Fund&#x2019;s assets attributable to leverage following an offering, and the Fund&#x2019;s associated expenses, are &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;likely to vary (perhaps significantly) from these assumptions. The purpose of the table and the example below is to help you &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;understand the fees and expenses that you, as a Common Shareholder, would bear directly or indirectly. The following table &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;should not be considered a representation of the Fund&#x2019;s future expenses. Actual expenses may be greater or less than shown. The &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;following table shows estimated Fund expenses as a percentage of average net assets attributable to the Common Shares, and not &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;as a percentage of managed assets. See &#x201c;Management of the Fund&#x201d; in the accompanying Prospectus.&lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 1pt; line-height: 1pt;"&gt;&#x2003;&lt;/span&gt;&lt;/div&gt; </cef:PurposeOfFeeTableNoteTextBlock>
    <cef:ShareholderTransactionExpensesTableTextBlock
      contextRef="DefaultContext"
      id="t_14_c9e35a53_6a1f_0ae7_7f3b_eb301a40eb43">
&lt;table cellpadding="0" cellspacing="0" style="empty-cells: show; width: 516pt;"&gt;
&lt;tr style="height: 9pt;"&gt;
&lt;td style="background-color: #ffffff; padding-bottom: 4pt; padding-top: 4pt; vertical-align: Bottom; width: 466.38pt;"&gt; &lt;div style="line-height: 10pt; text-align: left;"&gt; &lt;div style="margin-left: 3pt; margin-right: 6pt; text-align: left; white-space: nowrap;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-weight: bold; margin-left: 0.0pt;"&gt;Shareholder Transaction Expenses&lt;/span&gt;&lt;/div&gt; &lt;/div&gt; &lt;/td&gt;
&lt;td style="background-color: #ffffff; padding-bottom: 4pt; padding-top: 4pt; vertical-align: Bottom; width: 49.62pt;"&gt; &lt;div style="line-height: 0.5pt; text-align: left;"&gt; &lt;div style="margin-left: 4pt; margin-right: 4pt; text-align: center; white-space: nowrap;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;&#160;&lt;/span&gt;&lt;/div&gt; &lt;/div&gt; &lt;/td&gt; &lt;/tr&gt;
&lt;tr style="height: 13pt;"&gt;
&lt;td style="background-color: azure; padding-bottom: 4pt; padding-top: 4pt; vertical-align: Bottom; width: 466.38pt;"&gt; &lt;div style="line-height: 10pt; text-align: left;"&gt; &lt;div style="margin-left: 3pt; margin-right: 6pt; text-align: left; white-space: nowrap;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;"&gt;Sales load (as a percentage of offering price)&lt;/span&gt;&lt;/div&gt; &lt;/div&gt; &lt;/td&gt;
&lt;td style="background-color: azure; padding-bottom: 4pt; padding-top: 4pt; vertical-align: Bottom; width: 49.62pt;"&gt; &lt;div style="line-height: 10pt; text-align: left;"&gt; &lt;div style="margin-left: 4pt; margin-right: 4pt; text-align: center; white-space: nowrap;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 4.17pt;"&gt;2.00%&lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 6.5pt; margin-right: -16.52pt; position: relative; top: -2pt;"&gt;(1)&lt;/span&gt; &lt;div style="clear: right;"/&gt; &lt;/div&gt; &lt;/div&gt; &lt;/td&gt; &lt;/tr&gt;
&lt;tr style="height: 13pt;"&gt;
&lt;td style="background-color: #ffffff; padding-bottom: 4pt; padding-top: 4pt; vertical-align: Bottom; width: 466.38pt;"&gt; &lt;div style="line-height: 10pt; text-align: left;"&gt; &lt;div style="margin-left: 3pt; margin-right: 6pt; text-align: left; white-space: nowrap;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;"&gt;Offering expenses borne by the Fund (as a percentage of offering price)&lt;/span&gt;&lt;/div&gt; &lt;/div&gt; &lt;/td&gt;
&lt;td style="background-color: #ffffff; padding-bottom: 4pt; padding-top: 4pt; vertical-align: Bottom; width: 49.62pt;"&gt; &lt;div style="line-height: 10pt; text-align: left;"&gt; &lt;div style="margin-left: 4pt; margin-right: 4pt; text-align: center; white-space: nowrap;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 4.17pt;"&gt;0.60%&lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 6.5pt; margin-right: -16.52pt; position: relative; top: -2pt;"&gt;(2)&lt;/span&gt; &lt;div style="clear: right;"/&gt; &lt;/div&gt; &lt;/div&gt; &lt;/td&gt; &lt;/tr&gt;
&lt;tr style="height: 9pt;"&gt;
&lt;td style="background-color: azure; padding-bottom: 1.5pt; padding-top: 4pt; vertical-align: Bottom; width: 466.38pt;"&gt; &lt;div style="line-height: 10pt; text-align: left;"&gt; &lt;div style="margin-left: 3pt; margin-right: 6pt; text-align: left; white-space: nowrap;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;"&gt;Dividend Reinvestment Plan fees&lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 6.5pt; margin-left: 0.0pt; position: relative; top: -2pt;"&gt;(3)&lt;/span&gt; &lt;div style="clear: right;"/&gt; &lt;/div&gt; &lt;/div&gt; &lt;/td&gt;
&lt;td style="background-color: azure; padding-bottom: 1.5pt; padding-top: 4pt; vertical-align: Bottom; width: 49.62pt;"&gt; &lt;div style="line-height: 10pt; text-align: left;"&gt; &lt;div style="margin-left: 4pt; margin-right: 4pt; text-align: center; white-space: nowrap;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;None&lt;/span&gt;&lt;/div&gt; &lt;/div&gt; &lt;/td&gt; &lt;/tr&gt; &lt;/table&gt;  &lt;div&gt; &lt;div style="clear: both; margin-top: -5.30pt; position: relative; width: 100%;"&gt; &lt;div style="float: left; line-height: 10.02pt; text-align: left; width: 9.35pt;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 8.02pt;"&gt;(1)&lt;/span&gt;&lt;/div&gt; &lt;div style="float: left; line-height: 10.02pt; margin-left: 14.65pt; text-align: justify; width: 487.00pt;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 8.02pt;"&gt;Represents the estimated commission with respect to the Common Shares being sold in this offering. Cantor Fitzgerald will be entitled to compensation &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 8.02pt;"&gt;of up to 2.00% of the gross proceeds of the sale of any Common Shares under the Sales Agreement, with the exact amount of such compensation to be &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 8.02pt;"&gt;mutually agreed upon by the Fund and Cantor Fitzgerald from time to time. The Fund has assumed that Cantor Fitzgerald will receive a commission of &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 8.02pt;"&gt;2.00% of the gross sale price of the Common Shares sold in this offering.&lt;/span&gt;&lt;/div&gt; &lt;/div&gt; &lt;div style="clear: both; position: relative;"/&gt; &lt;/div&gt;  &lt;div&gt; &lt;div style="clear: both; margin-top: 2.20pt; position: relative; width: 100%;"&gt; &lt;div style="float: left; line-height: 10.02pt; text-align: left; width: 9.35pt;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 8.02pt;"&gt;(2)&lt;/span&gt;&lt;/div&gt; &lt;div style="float: left; line-height: 10.02pt; margin-left: 14.65pt; text-align: justify; width: 487.00pt;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 8.02pt;"&gt;The Investment Adviser has incurred on behalf of the Fund all costs associated with the Fund&#x2019;s registration statement and any offerings pursuant to such &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 8.02pt;"&gt;registration statement. The Fund has agreed, in connection with offerings under this registration statement, to reimburse the Investment Adviser for &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 8.02pt;"&gt;offering expenses incurred by the Investment Adviser on the Fund&#x2019;s behalf in an amount up to the lesser of the Fund&#x2019;s actual offering costs or 0.60% of the &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 8.02pt;"&gt;total offering price of the Common Shares sold in such offerings. Amounts in excess of 0.60% of the total offering price of shares sold pursuant to this &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 8.02pt;"&gt;registration statement will not be subject to recoupment from the Fund.&lt;/span&gt;&lt;/div&gt; &lt;/div&gt; &lt;div style="clear: both; position: relative;"/&gt; &lt;/div&gt;  &lt;div&gt; &lt;div style="clear: both; margin-top: 2.20pt; position: relative; width: 100%;"&gt; &lt;div style="float: left; line-height: 10.02pt; text-align: left; width: 9.35pt;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 8.02pt;"&gt;(3)&lt;/span&gt;&lt;/div&gt; &lt;div style="float: left; line-height: 10.02pt; margin-left: 14.65pt; text-align: justify; width: 487.00pt;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 8.02pt;"&gt;You will pay brokerage charges if you direct the Plan Agent to sell your Common Shares held in a dividend reinvestment account. See &#x201c;Dividend &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 8.02pt;"&gt;Reinvestment Plan&#x201d; in the accompanying Prospectus.&lt;/span&gt;&lt;/div&gt; &lt;/div&gt; &lt;div style="clear: both; position: relative;"/&gt; &lt;/div&gt; </cef:ShareholderTransactionExpensesTableTextBlock>
    <cef:BasisOfTransactionFeesNoteTextBlock
      contextRef="DefaultContext"
      id="t_15_296ea851_db5a_9fb3_10e8_b767cdb34afa">as a percentage of offering price</cef:BasisOfTransactionFeesNoteTextBlock>
    <cef:SalesLoadPercent
      contextRef="DefaultContext"
      decimals="4"
      id="h_1_db36af48_0a51_9af7_b8e3_7c8841721e89"
      unitRef="pure">0.0200</cef:SalesLoadPercent>
    <cef:BasisOfTransactionFeesNoteTextBlock
      contextRef="DefaultContext"
      id="t_13_c5acb58a_aeaf_4696_e476_f32d6cc40fb9">as a percentage of offering price</cef:BasisOfTransactionFeesNoteTextBlock>
    <cef:OtherTransactionExpensesPercent
      contextRef="DefaultContext"
      decimals="4"
      id="h_2_e6dcd2c6_0bd3_463d_033b_ca8be0fd735b"
      unitRef="pure">0.0060</cef:OtherTransactionExpensesPercent>
    <cef:DividendReinvestmentAndCashPurchaseFees
      contextRef="DefaultContext"
      decimals="INF"
      id="h_19_34459dd0_ff3e_8972_148f_c78e877f166d"
      unitRef="USD">0</cef:DividendReinvestmentAndCashPurchaseFees>
    <cef:AnnualExpensesTableTextBlock
      contextRef="DefaultContext"
      id="t_11_46df22ee_efe6_0064_1fd1_97f6dfeb07fd">
&lt;table cellpadding="0" cellspacing="0" style="empty-cells: show; width: 516pt;"&gt;
&lt;tr style="height: 19pt;"&gt;
&lt;td style="background-color: #ffffff; padding-bottom: 2pt; padding-top: 2pt; vertical-align: Bottom; width: 314.43pt;"&gt; &lt;div style="line-height: 10pt; text-align: left;"&gt; &lt;div style="margin-left: 3pt; margin-right: 6pt; text-align: left; white-space: nowrap;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-weight: bold; margin-left: 0.0pt;"&gt;Annual Expenses&lt;/span&gt;&lt;/div&gt; &lt;/div&gt; &lt;/td&gt;
&lt;td style="background-color: #ffffff; padding-bottom: 2pt; padding-top: 2pt; vertical-align: Bottom; width: 201.57pt;"&gt; &lt;div style="line-height: 12.02pt; text-align: left;"&gt; &lt;div style="margin-left: 4pt; margin-right: 4pt; text-align: center; white-space: nowrap;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-weight: bold;"&gt;As a Percentage of Net Assets Attributable to&lt;/span&gt;&lt;/div&gt; &lt;div style="margin-left: 4pt; margin-right: 4pt; text-align: center; white-space: nowrap;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-weight: bold;"&gt;Common Shares (reflecting leverage)&lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 6.5pt; font-weight: bold; position: relative; top: -2.75pt;"&gt;(4)&lt;/span&gt;&lt;/div&gt; &lt;/div&gt; &lt;/td&gt; &lt;/tr&gt;
&lt;tr style="height: 11pt;"&gt;
&lt;td style="background-color: azure; padding-bottom: 4pt; padding-top: 2pt; vertical-align: Bottom; width: 314.43pt;"&gt; &lt;div style="line-height: 10pt; text-align: left;"&gt; &lt;div style="margin-left: 3pt; margin-right: 6pt; text-align: left; white-space: nowrap;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;"&gt;Management fee&lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 6.5pt; margin-left: 0.0pt; position: relative; top: -2pt;"&gt;(5)&lt;/span&gt; &lt;div style="clear: right;"/&gt; &lt;/div&gt; &lt;/div&gt; &lt;/td&gt;
&lt;td style="background-color: azure; padding-bottom: 4pt; padding-top: 2pt; vertical-align: Bottom; width: 201.57pt;"&gt; &lt;div style="line-height: 10pt; text-align: left;"&gt; &lt;div style="margin-left: 4pt; margin-right: 4pt; text-align: center; white-space: nowrap;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.00pt;"&gt;1.28%&lt;/span&gt;&lt;/div&gt; &lt;/div&gt; &lt;/td&gt; &lt;/tr&gt;
&lt;tr style="height: 13pt;"&gt;
&lt;td style="background-color: #ffffff; padding-bottom: 4pt; padding-top: 4pt; vertical-align: Bottom; width: 314.43pt;"&gt; &lt;div style="line-height: 10pt; text-align: left;"&gt; &lt;div style="margin-left: 3pt; margin-right: 6pt; text-align: left; white-space: nowrap;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;"&gt;Interest expense&lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 6.5pt; margin-left: 0.0pt; position: relative; top: -2pt;"&gt;(6)&lt;/span&gt; &lt;div style="clear: right;"/&gt; &lt;/div&gt; &lt;/div&gt; &lt;/td&gt;
&lt;td style="background-color: #ffffff; padding-bottom: 4pt; padding-top: 4pt; vertical-align: Bottom; width: 201.57pt;"&gt; &lt;div style="line-height: 10pt; text-align: left;"&gt; &lt;div style="margin-left: 4pt; margin-right: 4pt; text-align: center; white-space: nowrap;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;1.40%&lt;/span&gt;&lt;/div&gt; &lt;/div&gt; &lt;/td&gt; &lt;/tr&gt;
&lt;tr style="height: 13pt;"&gt;
&lt;td style="background-color: azure; padding-bottom: 4pt; padding-top: 4pt; vertical-align: Bottom; width: 314.43pt;"&gt; &lt;div style="line-height: 10pt; text-align: left;"&gt; &lt;div style="margin-left: 3pt; margin-right: 6pt; text-align: left; white-space: nowrap;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;"&gt;Acquired fund fees and expenses&lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 6.5pt; margin-left: 0.0pt; position: relative; top: -2pt;"&gt;(7)&lt;/span&gt; &lt;div style="clear: right;"/&gt; &lt;/div&gt; &lt;/div&gt; &lt;/td&gt;
&lt;td style="background-color: azure; padding-bottom: 4pt; padding-top: 4pt; vertical-align: Bottom; width: 201.57pt;"&gt; &lt;div style="line-height: 10pt; text-align: left;"&gt; &lt;div style="margin-left: 4pt; margin-right: 4pt; text-align: center; white-space: nowrap;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.00pt;"&gt;0.04%&lt;/span&gt;&lt;/div&gt; &lt;/div&gt; &lt;/td&gt; &lt;/tr&gt;
&lt;tr style="height: 13pt;"&gt;
&lt;td style="background-color: #ffffff; padding-bottom: 4pt; padding-top: 4pt; vertical-align: Bottom; width: 314.43pt;"&gt; &lt;div style="line-height: 10pt; text-align: left;"&gt; &lt;div style="margin-left: 3pt; margin-right: 6pt; text-align: left; white-space: nowrap;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;"&gt;Other expenses&lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 6.5pt; margin-left: 0.0pt; position: relative; top: -2pt;"&gt;(8)&lt;/span&gt; &lt;div style="clear: right;"/&gt; &lt;/div&gt; &lt;/div&gt; &lt;/td&gt;
&lt;td style="background-color: #ffffff; padding-bottom: 4pt; padding-top: 4pt; vertical-align: Bottom; width: 201.57pt;"&gt; &lt;div style="line-height: 10pt; text-align: left;"&gt; &lt;div style="margin-left: 4pt; margin-right: 4pt; text-align: center; white-space: nowrap;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;0.10%&lt;/span&gt;&lt;/div&gt; &lt;/div&gt; &lt;/td&gt; &lt;/tr&gt;
&lt;tr style="height: 9pt;"&gt;
&lt;td style="background-color: azure; padding-bottom: 1.5pt; padding-top: 4pt; vertical-align: Bottom; width: 314.43pt;"&gt; &lt;div style="line-height: 10pt; text-align: left;"&gt; &lt;div style="margin-left: 3pt; margin-right: 6pt; text-align: left; white-space: nowrap;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;"&gt;Total annual expenses&lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 6.5pt; margin-left: 0.0pt; position: relative; top: -2pt;"&gt;(9)&lt;/span&gt; &lt;div style="clear: right;"/&gt; &lt;/div&gt; &lt;/div&gt; &lt;/td&gt;
&lt;td style="background-color: azure; padding-bottom: 1.5pt; padding-top: 4pt; vertical-align: Bottom; width: 201.57pt;"&gt; &lt;div style="line-height: 10pt; text-align: left;"&gt; &lt;div style="margin-left: 4pt; margin-right: 4pt; text-align: center; white-space: nowrap;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.00pt;"&gt;2.82%&lt;/span&gt;&lt;/div&gt; &lt;/div&gt; &lt;/td&gt; &lt;/tr&gt; &lt;/table&gt;  &lt;div&gt; &lt;div style="clear: both; margin-top: 2.19pt; position: relative; width: 100%;"&gt; &lt;div style="float: left; line-height: 10.02pt; text-align: left; width: 9.35pt;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 8.02pt;"&gt;(4)&lt;/span&gt;&lt;/div&gt; &lt;div style="float: left; line-height: 10.02pt; margin-left: 14.65pt; text-align: justify; width: 487.00pt;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 8.02pt;"&gt;Based upon average net assets attributable to the Common Shares during the six month period ended November&#160;30, 2022, after giving effect to the &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 8.02pt;"&gt;anticipated net proceeds of all of the Common Shares offered by this Prospectus Supplement based on an assumed price per share of $15.90 (the last &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 8.02pt;"&gt;reported sale price of the Fund&#x2019;s Common Shares on the NYSE as of March&#160;27, 2023). The price per share of any sale of Common Shares may be greater &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 8.02pt;"&gt;or less than the price assumed herein, depending on the market price of the Common Shares at the time of any sale. There is no guarantee that there will &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 8.02pt;"&gt;be any sales of the Common Shares pursuant to this Prospectus Supplement. The number of the Common Shares actually sold pursuant to this Prospectus &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 8.02pt;"&gt;Supplement may be less than as assumed herein.&lt;/span&gt;&lt;/div&gt; &lt;/div&gt; &lt;div style="clear: both; position: relative;"/&gt; &lt;/div&gt;  &lt;div&gt; &lt;div style="clear: both; margin-top: 2.20pt; position: relative; width: 100%;"&gt; &lt;div style="float: left; line-height: 10.02pt; text-align: left; width: 9.35pt;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 8.02pt;"&gt;(5)&lt;/span&gt;&lt;/div&gt; &lt;div style="float: left; line-height: 10.02pt; margin-left: 14.65pt; text-align: justify; width: 487.00pt;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 8.02pt;"&gt;The Fund pays the Investment Adviser a fee, payable monthly in arrears at an annual rate equal to 1.00% of the Fund&#x2019;s average daily Managed Assets. &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 8.02pt;"&gt;Common Shareholders bear the portion of the investment advisory fee attributable to the assets purchased with the proceeds of borrowing or the issuance &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 8.02pt;"&gt;of commercial paper or other forms of debt (&#x201c;Borrowings&#x201d;) or reverse repurchase agreements, dollar rolls or similar transactions or through a &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 8.02pt;"&gt;combination of the foregoing (collectively &#x201c;Financial Leverage&#x201d;), which means that Common Shareholders effectively bear the entire advisory fee. The &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 8.02pt;"&gt;fee shown above is based upon outstanding Financial Leverage of 24.3% of the Fund&#x2019;s Managed Assets. The management fee as a percentage of net assets &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 8.02pt;"&gt;attributable to the Common Shares is higher than if the Trust did not utilize such Financial Leverage. If Financial Leverage of more than 24.3% of the &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 8.02pt;"&gt;Fund&#x2019;s Managed Assets is used, the management fees shown would be higher.&lt;/span&gt;&lt;/div&gt; &lt;/div&gt; &lt;div style="clear: both; position: relative;"/&gt; &lt;/div&gt;  &lt;div&gt; &lt;div style="clear: both; margin-top: 2.10pt; position: relative; width: 100%;"&gt; &lt;div style="float: left; line-height: 10.02pt; text-align: left; width: 9.35pt;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 8.02pt;"&gt;(6)&lt;/span&gt;&lt;/div&gt; &lt;div style="float: left; line-height: 10.02pt; margin-left: 14.65pt; text-align: justify; width: 487.00pt;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 8.02pt;"&gt;Interest expense is estimated for the current fiscal year and includes interest payments on borrowed funds and interest expense on reverse repurchase agreements. Interest payments on borrowed funds is based upon the Fund&#x2019;s outstanding Borrowings as of November 30, 2022 (unaudited), which included Borrowings under the Fund&#x2019;s committed facility agreement in an amount equal to 4.4% of the Fund&#x2019;s Managed Assets at an assumed average interest rate of 5.50%. Interest expense on reverse repurchase agreements is based on the Fund&#x2019;s outstanding reverse repurchase agreements as of November 30, 2022 (unaudited), in an amount equal to 19.9% of the Fund&#x2019;s Managed Assets at November 30, 2022 (unaudited), at an assumed weighted average interest rate of 4.91%. The actual amount of interest payments and expenses borne by the Fund will vary over time in accordance with the amount of Borrowings and reverse repurchase agreements and variations in market interest rates.&lt;/span&gt;&lt;/div&gt; &lt;/div&gt; &lt;div style="clear: both; position: relative;"/&gt; &lt;/div&gt;  &lt;div&gt; &lt;div style="clear: both; margin-top: 2.10pt; position: relative; width: 100%;"&gt; &lt;div style="float: left; line-height: 10.02pt; text-align: left; width: 9.35pt;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 8.02pt;"&gt;(7)&lt;/span&gt;&lt;/div&gt; &lt;div style="float: left; line-height: 10.02pt; margin-left: 14.65pt; text-align: justify; width: 487.00pt;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 8.02pt;"&gt;Acquired Fund Fees and Expenses are based on estimated amounts for the current fiscal year, reflecting the fees and expenses borne by the Fund as an &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 8.02pt;"&gt;investor in other investment companies during the six-month period ended November 30, 2022, and the expected investment of the proceeds of this &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 8.02pt;"&gt;offering.&lt;/span&gt;&lt;/div&gt; &lt;/div&gt; &lt;div style="clear: both; position: relative;"/&gt; &lt;/div&gt;  &lt;div&gt; &lt;div style="clear: both; margin-top: 2.10pt; position: relative; width: 100%;"&gt; &lt;div style="float: left; line-height: 10.02pt; text-align: left; width: 9.35pt;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 8.02pt;"&gt;(8)&lt;/span&gt;&lt;/div&gt; &lt;div style="float: left; line-height: 10.02pt; margin-left: 14.65pt; text-align: left; width: 487.00pt;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 8.02pt;"&gt;Other expenses are estimated for the current fiscal year.&lt;/span&gt;&lt;/div&gt; &lt;/div&gt; &lt;div style="clear: both; position: relative;"/&gt; &lt;/div&gt;  &lt;div&gt; &lt;div style="clear: both; margin-top: 2.10pt; position: relative; width: 100%;"&gt; &lt;div style="float: left; line-height: 10.02pt; text-align: left; width: 9.35pt;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 8.02pt;"&gt;(9) &lt;/span&gt;&lt;/div&gt; &lt;div style="float: left; line-height: 10.02pt; margin-left: 14.65pt; text-align: justify; width: 487.00pt;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 8.02pt;"&gt;The Total Annual Fund Operating Expenses in this fee table may not correlate to the expense ratios in the Fund&#x2019;s financial highlights and financial &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 8.02pt;"&gt;statements because the financial highlights and financial statements reflect only the operating expenses of the Fund and do not include Acquired Fund &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 8.02pt;"&gt;Fees and Expenses, which are fees and expenses incurred indirectly by the Fund through its investments in certain underlying investment companies.&lt;/span&gt;&lt;/div&gt; &lt;/div&gt; &lt;div style="clear: both; position: relative;"/&gt; &lt;/div&gt; </cef:AnnualExpensesTableTextBlock>
    <cef:ManagementFeesPercent
      contextRef="DefaultContext"
      decimals="4"
      id="h_4_0096c064_4f5d_1a21_8ac2_37d5a33fd1d8"
      unitRef="pure">0.0128</cef:ManagementFeesPercent>
    <cef:InterestExpensesOnBorrowingsPercent
      contextRef="DefaultContext"
      decimals="4"
      id="h_5_e0ad48cc_b6f6_d1e8_183c_00309089657e"
      unitRef="pure">0.0140</cef:InterestExpensesOnBorrowingsPercent>
    <cef:AcquiredFundFeesAndExpensesPercent
      contextRef="DefaultContext"
      decimals="4"
      id="h_6_1fd12318_184b_70d2_68c6_8738fe7146df"
      unitRef="pure">0.0004</cef:AcquiredFundFeesAndExpensesPercent>
    <cef:OtherAnnualExpensesPercent
      contextRef="DefaultContext"
      decimals="4"
      id="h_7_aacc37ef_ac06_c8a5_6f83_6ba49f7b49df"
      unitRef="pure">0.0010</cef:OtherAnnualExpensesPercent>
    <cef:TotalAnnualExpensesPercent
      contextRef="DefaultContext"
      decimals="4"
      id="h_8_bc0a9d7f_35d0_b5f2_f48d_0b1af9cb1216"
      unitRef="pure">0.0282</cef:TotalAnnualExpensesPercent>
    <cef:OtherTransactionFeesNoteTextBlock
      contextRef="DefaultContext"
      id="t_16_dfc76bf5_e31b_1921_1bea_8f9545517bb9">The Investment Adviser has incurred on behalf of the Fund all costs associated with the Fund&#x2019;s registration statement and any offerings pursuant to such registration statement. The Fund has agreed, in connection with offerings under this registration statement, to reimburse the Investment Adviser for offering expenses incurred by the Investment Adviser on the Fund&#x2019;s behalf in an amount up to the lesser of the Fund&#x2019;s actual offering costs or 0.60% of the total offering price of the Common Shares sold in such offerings. Amounts in excess of 0.60% of the total offering price of shares sold pursuant to this registration statement will not be subject to recoupment from the Fund.</cef:OtherTransactionFeesNoteTextBlock>
    <cef:AcquiredFundFeesEstimatedNoteTextBlock
      contextRef="DefaultContext"
      id="t_17_4643f535_04d4_ee43_6532_98c930b27ede">Acquired Fund Fees and Expenses are based on estimated amounts for the current fiscal year, reflecting the fees and expenses borne by the Fund as an investor in other investment companies during the six-month period ended November 30, 2022, and the expected investment of the proceeds of this offering.</cef:AcquiredFundFeesEstimatedNoteTextBlock>
    <cef:OtherExpensesNoteTextBlock
      contextRef="DefaultContext"
      id="t_6_2ab66b5b_3151_a5d0_72d2_2cb7118b5630">Other expenses are estimated for the current fiscal year.</cef:OtherExpensesNoteTextBlock>
    <cef:AcquiredFundTotalAnnualExpensesNoteTextBlock
      contextRef="DefaultContext"
      id="t_18_51bc932d_b2fd_f1e4_14c7_8ba0febdcaa0">The Total Annual Fund Operating Expenses in this fee table may not correlate to the expense ratios in the Fund&#x2019;s financial highlights and financial statements because the financial highlights and financial statements reflect only the operating expenses of the Fund and do not include Acquired Fund Fees and Expenses, which are fees and expenses incurred indirectly by the Fund through its investments in certain underlying investment companies.</cef:AcquiredFundTotalAnnualExpensesNoteTextBlock>
    <cef:ExpenseExampleTableTextBlock
      contextRef="DefaultContext"
      id="t_3_7876da1f_56f8_644d_c485_637bf72f6a14"> &lt;div style="line-height: 12.02pt; margin-top: 10.10pt; text-align: left;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-weight: bold;"&gt;Example&lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; line-height: 12.02pt;"&gt; &lt;/span&gt;&lt;/div&gt;  &lt;div style="line-height: 12.02pt; margin-top: 10.10pt; text-align: left;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;As required by relevant SEC regulations, the following Example illustrates the expenses that you would pay on a $1,000 &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;investment in the Common Shares, assuming (1)&#160;&#x201c;Total annual expenses&#x201d; of 2.82% of net assets attributable to the Common &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;Shares, (2)&#160;the sales load of $20 and estimated offering expenses of $6, and (3)&#160;a&#160;5% annual return*:&lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 1pt; line-height: 1pt;"&gt;&#x2003;&lt;/span&gt;&lt;/div&gt;
&lt;table cellpadding="0" cellspacing="0" style="empty-cells: show; width: 516pt;"&gt;
&lt;tr style="height: 8.35pt;"&gt;
&lt;td style="background-color: #ffffff; padding-bottom: 1.35pt; padding-top: 1.35pt; vertical-align: Bottom; width: 115.2pt;"&gt; &lt;div style="line-height: 0.5pt; text-align: left;"&gt; &lt;div style="margin-left: 26pt; margin-right: 6pt; text-align: center; white-space: nowrap;"&gt;&lt;span style="border-bottom: 0.5pt groove #000000; color: #000000; font-family: times new roman; font-size: 10.02pt; font-weight: bold;"&gt;&#160;&lt;/span&gt;&lt;/div&gt; &lt;/div&gt; &lt;/td&gt;
&lt;td style="background-color: #ffffff; padding-bottom: 1.35pt; padding-top: 1.35pt; vertical-align: Bottom; width: 95.2pt;"&gt; &lt;div style="line-height: 11.0pt; text-align: left;"&gt; &lt;div style="margin-left: 6pt; margin-right: 6pt; text-align: center; white-space: nowrap;"&gt;&lt;span style="border-bottom: 0.5pt groove #000000; color: #000000; font-family: times new roman; font-size: 10.02pt; font-weight: bold;"&gt;1 Year&lt;/span&gt;&lt;/div&gt; &lt;/div&gt; &lt;/td&gt;
&lt;td style="background-color: #ffffff; padding-bottom: 1.35pt; padding-top: 1.35pt; vertical-align: Bottom; width: 95.2pt;"&gt; &lt;div style="line-height: 11.0pt; text-align: left;"&gt; &lt;div style="margin-left: 6pt; margin-right: 6pt; text-align: center; white-space: nowrap;"&gt;&lt;span style="border-bottom: 0.5pt groove #000000; color: #000000; font-family: times new roman; font-size: 10.02pt; font-weight: bold;"&gt;3 Years&lt;/span&gt;&lt;/div&gt; &lt;/div&gt; &lt;/td&gt;
&lt;td style="background-color: #ffffff; padding-bottom: 1.35pt; padding-top: 1.35pt; vertical-align: Bottom; width: 95.2pt;"&gt; &lt;div style="line-height: 11.0pt; text-align: left;"&gt; &lt;div style="margin-left: 6pt; margin-right: 6pt; text-align: center; white-space: nowrap;"&gt;&lt;span style="border-bottom: 0.5pt groove #000000; color: #000000; font-family: times new roman; font-size: 10.02pt; font-weight: bold;"&gt;5 Years&lt;/span&gt;&lt;/div&gt; &lt;/div&gt; &lt;/td&gt;
&lt;td style="background-color: #ffffff; padding-bottom: 1.35pt; padding-top: 1.35pt; vertical-align: Bottom; width: 115.2pt;"&gt; &lt;div style="line-height: 11.0pt; text-align: left;"&gt; &lt;div style="margin-left: 6pt; margin-right: 26pt; text-align: center; white-space: nowrap;"&gt;&lt;span style="border-bottom: 0.5pt groove #000000; color: #000000; font-family: times new roman; font-size: 10.02pt; font-weight: bold;"&gt;10 Years&lt;/span&gt;&lt;/div&gt; &lt;/div&gt; &lt;/td&gt; &lt;/tr&gt;
&lt;tr style="height: 18.35pt;"&gt;
&lt;td style="background-color: #ffffff; padding-bottom: 1.5pt; padding-top: 1.35pt; vertical-align: Bottom; width: 115.2pt;"&gt; &lt;div style="line-height: 10pt; text-align: left;"&gt; &lt;div style="margin-left: 26pt; margin-right: 6pt; text-align: center; white-space: nowrap;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.00pt;"&gt;Total Expenses &lt;/span&gt;&lt;/div&gt; &lt;div style="margin-left: 26pt; margin-right: 6pt; text-align: center; white-space: nowrap;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;Incurred&lt;/span&gt;&lt;/div&gt; &lt;/div&gt; &lt;/td&gt;
&lt;td style="background-color: #ffffff; padding-bottom: 1.5pt; padding-top: 1.35pt; vertical-align: Bottom; width: 95.2pt;"&gt; &lt;div style="line-height: 10pt; text-align: left;"&gt; &lt;div style="margin-left: 6pt; margin-right: 6pt; text-align: center; white-space: nowrap;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.00pt;"&gt;$54&lt;/span&gt;&lt;/div&gt; &lt;/div&gt; &lt;/td&gt;
&lt;td style="background-color: #ffffff; padding-bottom: 1.5pt; padding-top: 1.35pt; vertical-align: Bottom; width: 95.2pt;"&gt; &lt;div style="line-height: 10pt; text-align: left;"&gt; &lt;div style="margin-left: 6pt; margin-right: 6pt; text-align: center; white-space: nowrap;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.00pt;"&gt;$111&lt;/span&gt;&lt;/div&gt; &lt;/div&gt; &lt;/td&gt;
&lt;td style="background-color: #ffffff; padding-bottom: 1.5pt; padding-top: 1.35pt; vertical-align: Bottom; width: 95.2pt;"&gt; &lt;div style="line-height: 10pt; text-align: left;"&gt; &lt;div style="margin-left: 6pt; margin-right: 6pt; text-align: center; white-space: nowrap;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.00pt;"&gt;$171&lt;/span&gt;&lt;/div&gt; &lt;/div&gt; &lt;/td&gt;
&lt;td style="background-color: #ffffff; padding-bottom: 1.5pt; padding-top: 1.35pt; vertical-align: Bottom; width: 115.2pt;"&gt; &lt;div style="line-height: 10pt; text-align: left;"&gt; &lt;div style="margin-left: 6pt; margin-right: 26pt; text-align: center; white-space: nowrap;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.00pt;"&gt;$333&lt;/span&gt;&lt;/div&gt; &lt;/div&gt; &lt;/td&gt; &lt;/tr&gt; &lt;/table&gt;  &lt;div&gt; &lt;div style="clear: both; margin-top: -3.40pt; position: relative; width: 100%;"&gt; &lt;div style="float: left; line-height: 12.02pt; text-align: left; width: 5.01pt;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;*&lt;/span&gt;&lt;/div&gt; &lt;div style="float: left; line-height: 12.02pt; margin-left: 18.99pt; text-align: justify; width: 487.00pt;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-weight: bold;"&gt;The Example should not be considered a representation of future expenses or returns. Actual expenses may be &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-weight: bold;"&gt;higher or lower than those assumed. Moreover, the Fund&#x2019;s actual rate of return may be higher or lower than the &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-weight: bold;"&gt;hypothetical 5% return shown in the Example.&lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt; The Example assumes that all dividends and distributions are reinvested &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;at net asset value. See &#x201c;Distributions&#x201d; and &#x201c;Dividend Reinvestment Plan&#x201d; in the accompanying Prospectus.&lt;/span&gt;&lt;/div&gt; &lt;/div&gt; &lt;div style="clear: both; position: relative;"/&gt; &lt;/div&gt;  &lt;div&gt; &lt;div style="clear: both; margin-top: 10.10pt; position: relative; width: 100%;"&gt; &lt;div style="float: left; line-height: 12.02pt; text-align: left; width: 5.01pt;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; line-height: 12.02pt;"&gt;&#x2002;&lt;/span&gt;&lt;/div&gt; &lt;div style="float: left; line-height: 12.02pt; margin-left: 18.99pt; text-align: justify; width: 487.00pt;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;The above table and Example and the assumption in the Example of the 5% annual return are required by the regulations of &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;the SEC. The assumed 5% annual return is not a prediction of, and does not represent, the projected or actual performance &lt;/span&gt;&lt;/div&gt; &lt;/div&gt; &lt;div style="clear: both; position: relative;"/&gt; &lt;/div&gt;  &lt;div style="line-height: 12.02pt; margin-left: 24pt; text-align: justify;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.00%;"&gt;of the Fund&#x2019;s Common Shares. For more complete descriptions of certain of the Fund&#x2019;s costs and expenses, see &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;&#x201c;Management of the Fund&#x201d; in the accompanying Prospectus. The Example assumes that the estimated &#x201c;Other expenses&#x201d; &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;set forth in the table are accurate.&lt;/span&gt; &lt;/span&gt;&lt;/div&gt; </cef:ExpenseExampleTableTextBlock>
    <cef:ExpenseExampleYear01
      contextRef="DefaultContext"
      decimals="INF"
      id="h_9_2c19d80e_eea6_5d8b_3185_42cdd97c3f39"
      unitRef="USD">54</cef:ExpenseExampleYear01>
    <cef:ExpenseExampleYears1to3
      contextRef="DefaultContext"
      decimals="INF"
      id="h_10_d7d76384_7fb1_dac2_d98f_17365b7c47d9"
      unitRef="USD">111</cef:ExpenseExampleYears1to3>
    <cef:ExpenseExampleYears1to5
      contextRef="DefaultContext"
      decimals="INF"
      id="h_11_eb5e3d0d_d17e_8a0a_0e82_b05841a80bb7"
      unitRef="USD">171</cef:ExpenseExampleYears1to5>
    <cef:ExpenseExampleYears1to10
      contextRef="DefaultContext"
      decimals="INF"
      id="h_12_51f011da_ea9f_8c95_055c_d4d8ffd4b1bb"
      unitRef="USD">333</cef:ExpenseExampleYears1to10>
    <cef:SeniorSecuritiesNoteTextBlock
      contextRef="DefaultContext"
      id="t_1_8f8454e6_0ad0_f9d2_b3e5_b779aa33563a"> &lt;div style="line-height: 22.02pt; margin-top: 7pt; text-align: center;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-weight: bold; margin-left: 0%; text-transform: uppercase;"&gt;SENIOR SECURITIES AND OTHER FINANCIAL LEVERAGE&lt;/span&gt;&lt;/div&gt;  &lt;div style="line-height: 12.02pt; margin-top: 5.00pt; text-align: left;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;"&gt;The following table sets forth information about the Fund&#x2019;s outstanding Borrowings-committed facility agreements and &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;reverse repurchase agreements as of the end of the last ten fiscal years. The information in this table for the fiscal years ended &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;2021, 2020, 2019, 2018 and 2017 has been audited by Ernst &amp;amp; Young LLP, independent registered public accounting firm. The &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;Fund&#x2019;s audited financial statements appearing in the Fund&#x2019;s annual report to shareholders for the year ended May 31, 2021, &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;including the report of Ernst &amp;amp; Young LLP thereon, including accompanying notes thereto, are incorporated by reference in the &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;SAI.&lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 1pt; line-height: 1pt;"&gt;&#x2003;&lt;/span&gt;&lt;/div&gt;
&lt;table cellpadding="0" cellspacing="0" style="empty-cells: show; width: 516pt;"&gt;
&lt;tr style="height: 20.35pt;"&gt;
&lt;td style="background-color: #ffffff; padding-bottom: 3.35pt; padding-top: 3.35pt; vertical-align: Bottom; width: 141.72pt;"&gt; &lt;div style="line-height: 10pt; text-align: left;"&gt; &lt;div style="margin-right: 3pt; text-align: left; white-space: nowrap;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-weight: bold; margin-left: 0.0pt;"&gt;Class and Fiscal Period End&lt;/span&gt;&lt;/div&gt; &lt;/div&gt; &lt;/td&gt;
&lt;td style="background-color: #ffffff; border-bottom: 0.5pt solid #000000; padding-bottom: 1.35pt; padding-top: 1.35pt; vertical-align: Bottom; width: 97pt;"&gt; &lt;div style="line-height: 13.02pt; text-align: left;"&gt; &lt;div style="margin-left: 1pt; margin-right: 1pt; text-align: center; white-space: nowrap;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-weight: bold;"&gt;Total Principal &lt;/span&gt;&lt;/div&gt; &lt;div style="margin-left: 1pt; margin-right: 1pt; text-align: center; white-space: nowrap;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-weight: bold;"&gt;Amount Outstanding&lt;/span&gt;&lt;/div&gt; &lt;/div&gt; &lt;/td&gt;
&lt;td style="background-color: #ffffff; border-bottom: 0.5pt solid #000000; padding-bottom: 1.35pt; padding-top: 1.35pt; vertical-align: Bottom; width: 96.18pt;"&gt; &lt;div style="line-height: 13.02pt; text-align: left;"&gt; &lt;div style="margin-left: 1pt; margin-right: 1pt; text-align: center; white-space: nowrap;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-weight: bold;"&gt;Asset Coverage Per &lt;/span&gt;&lt;/div&gt; &lt;div style="margin-left: 1pt; margin-right: 1pt; text-align: center; white-space: nowrap;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-weight: bold;"&gt;$1,000 of Borrowings&lt;/span&gt;&lt;/div&gt; &lt;/div&gt; &lt;/td&gt;
&lt;td style="background-color: #ffffff; border-bottom: 0.5pt solid #000000; padding-bottom: 1.35pt; padding-top: 1.35pt; vertical-align: Bottom; width: 109.57pt;"&gt; &lt;div style="line-height: 13.02pt; text-align: left;"&gt; &lt;div style="margin-left: 1pt; margin-right: 1pt; text-align: center; white-space: nowrap;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-weight: bold;"&gt;Involuntary Liquidating &lt;/span&gt;&lt;/div&gt; &lt;div style="margin-left: 1pt; margin-right: 1pt; text-align: center; white-space: nowrap;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-weight: bold;"&gt;Preference Per Unit&lt;/span&gt;&lt;/div&gt; &lt;/div&gt; &lt;/td&gt;
&lt;td style="background-color: #ffffff; border-bottom: 0.5pt solid #000000; padding-bottom: 1.35pt; padding-top: 1.35pt; vertical-align: Bottom; width: 71.53pt;"&gt; &lt;div style="line-height: 13.02pt; text-align: left;"&gt; &lt;div style="margin-left: 1pt; text-align: center; white-space: nowrap;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-weight: bold;"&gt;Average Market &lt;/span&gt;&lt;/div&gt; &lt;div style="margin-left: 1pt; text-align: center; white-space: nowrap;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-weight: bold;"&gt;Value Per Unit&lt;/span&gt;&lt;/div&gt; &lt;/div&gt; &lt;/td&gt; &lt;/tr&gt;
&lt;tr style="height: 12.35pt;"&gt;
&lt;td colspan="5" style="background-color: azure; padding-bottom: 4pt; padding-top: 3.35pt; vertical-align: Bottom; width: 516.00pt;"&gt; &lt;div style="line-height: 10pt; text-align: left;"&gt; &lt;div style="margin-right: -2pt; text-align: left; white-space: nowrap;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-weight: bold; margin-left: 0.0pt;"&gt;Borrowings &#x2013; Committed Facility Agreement&lt;/span&gt;&lt;/div&gt; &lt;/div&gt; &lt;/td&gt; &lt;/tr&gt;
&lt;tr style="height: 13pt;"&gt;
&lt;td style="background-color: #ffffff; padding-bottom: 4pt; padding-top: 4pt; vertical-align: Bottom; width: 141.72pt;"&gt; &lt;div style="line-height: 10pt; text-align: left;"&gt; &lt;div style="margin-right: 3pt; text-align: left; white-space: nowrap;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;"&gt;May 31, 2021&lt;/span&gt;&lt;/div&gt; &lt;/div&gt; &lt;/td&gt;
&lt;td style="background-color: #ffffff; padding-bottom: 4pt; padding-top: 4pt; vertical-align: Bottom; width: 97pt;"&gt; &lt;div style="line-height: 10pt; text-align: left;"&gt; &lt;div style="margin-left: 20.955pt; margin-right: 20.955pt; text-align: center; white-space: nowrap;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;$&lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 5.01pt;"&gt;38,500,690&lt;/span&gt;&lt;/div&gt; &lt;/div&gt; &lt;/td&gt;
&lt;td style="background-color: #ffffff; padding-bottom: 4pt; padding-top: 4pt; vertical-align: Bottom; width: 96.18pt;"&gt; &lt;div style="line-height: 10pt; text-align: left;"&gt; &lt;div style="margin-left: 31.12pt; margin-right: 31.12pt; text-align: center; white-space: nowrap;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;$&lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 1.38pt;"&gt;23,806&lt;/span&gt;&lt;/div&gt; &lt;/div&gt; &lt;/td&gt;
&lt;td style="background-color: #ffffff; padding-bottom: 4pt; padding-top: 4pt; vertical-align: Bottom; width: 109.57pt;"&gt; &lt;div style="line-height: 10pt; text-align: left;"&gt; &lt;div style="margin-left: 46.16pt; margin-right: 46.16pt; text-align: center; white-space: nowrap;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;&lt;span class="sec-hidden" style="-sec-ix-hidden: h_26_a41c652c_397f_cede_b0a2_eaf415fc3535;" title="Manually tagged"&gt;N/A&lt;/span&gt;&lt;/span&gt;&lt;/div&gt; &lt;/div&gt; &lt;/td&gt;
&lt;td style="background-color: #ffffff; padding-bottom: 4pt; padding-top: 4pt; vertical-align: Bottom; width: 71.53pt;"&gt; &lt;div style="line-height: 10pt; text-align: left;"&gt; &lt;div style="margin-left: 1pt; text-align: center; white-space: nowrap;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;&lt;span class="sec-hidden" style="-sec-ix-hidden: h_26_35b8d72b_245a_c9b1_8851_ca95bf99d8bc;" title="Manually tagged"&gt;N/A&lt;/span&gt;&lt;/span&gt;&lt;/div&gt; &lt;/div&gt; &lt;/td&gt; &lt;/tr&gt;
&lt;tr style="height: 13pt;"&gt;
&lt;td style="background-color: azure; padding-bottom: 4pt; padding-top: 4pt; vertical-align: Bottom; width: 141.72pt;"&gt; &lt;div style="line-height: 10pt; text-align: left;"&gt; &lt;div style="margin-right: 3pt; text-align: left; white-space: nowrap;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;"&gt;May 31, 2020&lt;/span&gt;&lt;/div&gt; &lt;/div&gt; &lt;/td&gt;
&lt;td style="background-color: azure; padding-bottom: 4pt; padding-top: 4pt; vertical-align: Bottom; width: 97pt;"&gt; &lt;div style="line-height: 10pt; text-align: left;"&gt; &lt;div style="margin-left: 20.955pt; margin-right: 20.955pt; text-align: center; white-space: nowrap;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.00pt;"&gt;$&lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 5.01pt;"&gt;19,300,000&lt;/span&gt;&lt;/div&gt; &lt;/div&gt; &lt;/td&gt;
&lt;td style="background-color: azure; padding-bottom: 4pt; padding-top: 4pt; vertical-align: Bottom; width: 96.18pt;"&gt; &lt;div style="line-height: 10pt; text-align: left;"&gt; &lt;div style="margin-left: 31.12pt; margin-right: 31.12pt; text-align: center; white-space: nowrap;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.00pt;"&gt;$&lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 1.38pt;"&gt;34,621&lt;/span&gt;&lt;/div&gt; &lt;/div&gt; &lt;/td&gt;
&lt;td style="background-color: azure; padding-bottom: 4pt; padding-top: 4pt; vertical-align: Bottom; width: 109.57pt;"&gt; &lt;div style="line-height: 10pt; text-align: left;"&gt; &lt;div style="margin-left: 46.16pt; margin-right: 46.16pt; text-align: center; white-space: nowrap;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.00pt;"&gt;&lt;span class="sec-hidden" style="-sec-ix-hidden: h_26_6efe55d0_e2c0_a4b9_05bc_2f3338f7276a;" title="Manually tagged"&gt;N/A&lt;/span&gt;&lt;/span&gt;&lt;/div&gt; &lt;/div&gt; &lt;/td&gt;
&lt;td style="background-color: azure; padding-bottom: 4pt; padding-top: 4pt; vertical-align: Bottom; width: 71.53pt;"&gt; &lt;div style="line-height: 10pt; text-align: left;"&gt; &lt;div style="margin-left: 1pt; text-align: center; white-space: nowrap;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.00pt;"&gt;&lt;span class="sec-hidden" style="-sec-ix-hidden: h_26_a8255de5_cd82_6080_a548_fc39d25480da;" title="Manually tagged"&gt;N/A&lt;/span&gt;&lt;/span&gt;&lt;/div&gt; &lt;/div&gt; &lt;/td&gt; &lt;/tr&gt;
&lt;tr style="height: 13pt;"&gt;
&lt;td style="background-color: #ffffff; padding-bottom: 4pt; padding-top: 4pt; vertical-align: Bottom; width: 141.72pt;"&gt; &lt;div style="line-height: 10pt; text-align: left;"&gt; &lt;div style="margin-right: 3pt; text-align: left; white-space: nowrap;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;"&gt;May 31, 2019&lt;/span&gt;&lt;/div&gt; &lt;/div&gt; &lt;/td&gt;
&lt;td style="background-color: #ffffff; padding-bottom: 4pt; padding-top: 4pt; vertical-align: Bottom; width: 97pt;"&gt; &lt;div style="line-height: 10pt; text-align: left;"&gt; &lt;div style="margin-left: 20.955pt; margin-right: 20.955pt; text-align: center; white-space: nowrap;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;$&lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 40.06pt;"&gt;&lt;span class="sec-hidden" style="-sec-ix-hidden: h_26_feb763ab_a9d4_6ca8_11e4_27a730481d41;" title="Manually tagged"&gt;&#x2014;&lt;/span&gt;&lt;/span&gt;&lt;/div&gt; &lt;/div&gt; &lt;/td&gt;
&lt;td style="background-color: #ffffff; padding-bottom: 4pt; padding-top: 4pt; vertical-align: Bottom; width: 96.18pt;"&gt; &lt;div style="line-height: 10pt; text-align: left;"&gt; &lt;div style="margin-left: 31.12pt; margin-right: 31.12pt; text-align: center; white-space: nowrap;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;$&lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 18.91pt;"&gt;&lt;span class="sec-hidden" style="-sec-ix-hidden: h_26_d8ca5923_da4c_0005_5fa5_deff6337a851;" title="Manually tagged"&gt;&#x2014;&lt;/span&gt;&lt;/span&gt;&lt;/div&gt; &lt;/div&gt; &lt;/td&gt;
&lt;td style="background-color: #ffffff; padding-bottom: 4pt; padding-top: 4pt; vertical-align: Bottom; width: 109.57pt;"&gt; &lt;div style="line-height: 10pt; text-align: left;"&gt; &lt;div style="margin-left: 46.16pt; margin-right: 46.16pt; text-align: center; white-space: nowrap;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;&lt;span class="sec-hidden" style="-sec-ix-hidden: h_26_e0167e53_64eb_0553_e56d_c0757f733e5c;" title="Manually tagged"&gt;N/A&lt;/span&gt;&lt;/span&gt;&lt;/div&gt; &lt;/div&gt; &lt;/td&gt;
&lt;td style="background-color: #ffffff; padding-bottom: 4pt; padding-top: 4pt; vertical-align: Bottom; width: 71.53pt;"&gt; &lt;div style="line-height: 10pt; text-align: left;"&gt; &lt;div style="margin-left: 1pt; text-align: center; white-space: nowrap;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;&lt;span class="sec-hidden" style="-sec-ix-hidden: h_26_71323dac_0dfb_0c79_ca4b_2cbed7278fdf;" title="Manually tagged"&gt;N/A&lt;/span&gt;&lt;/span&gt;&lt;/div&gt; &lt;/div&gt; &lt;/td&gt; &lt;/tr&gt;
&lt;tr style="height: 13pt;"&gt;
&lt;td style="background-color: azure; padding-bottom: 4pt; padding-top: 4pt; vertical-align: Bottom; width: 141.72pt;"&gt; &lt;div style="line-height: 10pt; text-align: left;"&gt; &lt;div style="margin-right: 3pt; text-align: left; white-space: nowrap;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;"&gt;May 31, 2018&lt;/span&gt;&lt;/div&gt; &lt;/div&gt; &lt;/td&gt;
&lt;td style="background-color: azure; padding-bottom: 4pt; padding-top: 4pt; vertical-align: Bottom; width: 97pt;"&gt; &lt;div style="line-height: 10pt; text-align: left;"&gt; &lt;div style="margin-left: 20.955pt; margin-right: 20.955pt; text-align: center; white-space: nowrap;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.00pt;"&gt;$&lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 40.06pt;"&gt;&lt;span class="sec-hidden" style="-sec-ix-hidden: h_26_1e774b6c_7bcc_6a97_df9a_b4fabd054356;" title="Manually tagged"&gt;&#x2014;&lt;/span&gt;&lt;/span&gt;&lt;/div&gt; &lt;/div&gt; &lt;/td&gt;
&lt;td style="background-color: azure; padding-bottom: 4pt; padding-top: 4pt; vertical-align: Bottom; width: 96.18pt;"&gt; &lt;div style="line-height: 10pt; text-align: left;"&gt; &lt;div style="margin-left: 31.12pt; margin-right: 31.12pt; text-align: center; white-space: nowrap;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.00pt;"&gt;$&lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 18.91pt;"&gt;&lt;span class="sec-hidden" style="-sec-ix-hidden: h_26_31681ccb_7c84_3df4_f40e_2d6fa53d9595;" title="Manually tagged"&gt;&#x2014;&lt;/span&gt;&lt;/span&gt;&lt;/div&gt; &lt;/div&gt; &lt;/td&gt;
&lt;td style="background-color: azure; padding-bottom: 4pt; padding-top: 4pt; vertical-align: Bottom; width: 109.57pt;"&gt; &lt;div style="line-height: 10pt; text-align: left;"&gt; &lt;div style="margin-left: 46.16pt; margin-right: 46.16pt; text-align: center; white-space: nowrap;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.00pt;"&gt;&lt;span class="sec-hidden" style="-sec-ix-hidden: h_26_42421524_acc8_59cc_b5c1_723ab379ff93;" title="Manually tagged"&gt;N/A&lt;/span&gt;&lt;/span&gt;&lt;/div&gt; &lt;/div&gt; &lt;/td&gt;
&lt;td style="background-color: azure; padding-bottom: 4pt; padding-top: 4pt; vertical-align: Bottom; width: 71.53pt;"&gt; &lt;div style="line-height: 10pt; text-align: left;"&gt; &lt;div style="margin-left: 1pt; text-align: center; white-space: nowrap;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.00pt;"&gt;&lt;span class="sec-hidden" style="-sec-ix-hidden: h_26_4f75ee45_656c_f98c_c8aa_2ab88c84816c;" title="Manually tagged"&gt;N/A&lt;/span&gt;&lt;/span&gt;&lt;/div&gt; &lt;/div&gt; &lt;/td&gt; &lt;/tr&gt;
&lt;tr style="height: 13pt;"&gt;
&lt;td style="background-color: #ffffff; padding-bottom: 4pt; padding-top: 4pt; vertical-align: Bottom; width: 141.72pt;"&gt; &lt;div style="line-height: 10pt; text-align: left;"&gt; &lt;div style="margin-right: 3pt; text-align: left; white-space: nowrap;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;"&gt;May 31, 2017&lt;/span&gt;&lt;/div&gt; &lt;/div&gt; &lt;/td&gt;
&lt;td style="background-color: #ffffff; padding-bottom: 4pt; padding-top: 4pt; vertical-align: Bottom; width: 97pt;"&gt; &lt;div style="line-height: 10pt; text-align: left;"&gt; &lt;div style="margin-left: 20.955pt; margin-right: 20.955pt; text-align: center; white-space: nowrap;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;$&lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 5.01pt;"&gt;16,704,955&lt;/span&gt;&lt;/div&gt; &lt;/div&gt; &lt;/td&gt;
&lt;td style="background-color: #ffffff; padding-bottom: 4pt; padding-top: 4pt; vertical-align: Bottom; width: 96.18pt;"&gt; &lt;div style="line-height: 10pt; text-align: left;"&gt; &lt;div style="margin-left: 31.12pt; margin-right: 31.12pt; text-align: center; white-space: nowrap;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;$&lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 1.38pt;"&gt;25,571&lt;/span&gt;&lt;/div&gt; &lt;/div&gt; &lt;/td&gt;
&lt;td style="background-color: #ffffff; padding-bottom: 4pt; padding-top: 4pt; vertical-align: Bottom; width: 109.57pt;"&gt; &lt;div style="line-height: 10pt; text-align: left;"&gt; &lt;div style="margin-left: 46.16pt; margin-right: 46.16pt; text-align: center; white-space: nowrap;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;&lt;span class="sec-hidden" style="-sec-ix-hidden: h_26_6ef3704f_4664_387e_651f_90284bc134d0;" title="Manually tagged"&gt;N/A&lt;/span&gt;&lt;/span&gt;&lt;/div&gt; &lt;/div&gt; &lt;/td&gt;
&lt;td style="background-color: #ffffff; padding-bottom: 4pt; padding-top: 4pt; vertical-align: Bottom; width: 71.53pt;"&gt; &lt;div style="line-height: 10pt; text-align: left;"&gt; &lt;div style="margin-left: 1pt; text-align: center; white-space: nowrap;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;&lt;span class="sec-hidden" style="-sec-ix-hidden: h_26_f0617c94_bdb3_912e_0413_967539a3d814;" title="Manually tagged"&gt;N/A&lt;/span&gt;&lt;/span&gt;&lt;/div&gt; &lt;/div&gt; &lt;/td&gt; &lt;/tr&gt;
&lt;tr style="height: 13pt;"&gt;
&lt;td style="background-color: azure; padding-bottom: 4pt; padding-top: 4pt; vertical-align: Bottom; width: 141.72pt;"&gt; &lt;div style="line-height: 10pt; text-align: left;"&gt; &lt;div style="margin-right: 3pt; text-align: left; white-space: nowrap;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;"&gt;May 31, 2016&lt;/span&gt;&lt;/div&gt; &lt;/div&gt; &lt;/td&gt;
&lt;td style="background-color: azure; padding-bottom: 4pt; padding-top: 4pt; vertical-align: Bottom; width: 97pt;"&gt; &lt;div style="line-height: 10pt; text-align: left;"&gt; &lt;div style="margin-left: 20.955pt; margin-right: 20.955pt; text-align: center; white-space: nowrap;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.00pt;"&gt;$&lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 10.02pt;"&gt;9,354,955&lt;/span&gt;&lt;/div&gt; &lt;/div&gt; &lt;/td&gt;
&lt;td style="background-color: azure; padding-bottom: 4pt; padding-top: 4pt; vertical-align: Bottom; width: 96.18pt;"&gt; &lt;div style="line-height: 10pt; text-align: left;"&gt; &lt;div style="margin-left: 31.12pt; margin-right: 31.12pt; text-align: center; white-space: nowrap;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.00pt;"&gt;$&lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 1.38pt;"&gt;34,164&lt;/span&gt;&lt;/div&gt; &lt;/div&gt; &lt;/td&gt;
&lt;td style="background-color: azure; padding-bottom: 4pt; padding-top: 4pt; vertical-align: Bottom; width: 109.57pt;"&gt; &lt;div style="line-height: 10pt; text-align: left;"&gt; &lt;div style="margin-left: 46.16pt; margin-right: 46.16pt; text-align: center; white-space: nowrap;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.00pt;"&gt;&lt;span class="sec-hidden" style="-sec-ix-hidden: h_26_6fd2340d_ffd5_c504_991b_6b28dd0cc7a9;" title="Manually tagged"&gt;N/A&lt;/span&gt;&lt;/span&gt;&lt;/div&gt; &lt;/div&gt; &lt;/td&gt;
&lt;td style="background-color: azure; padding-bottom: 4pt; padding-top: 4pt; vertical-align: Bottom; width: 71.53pt;"&gt; &lt;div style="line-height: 10pt; text-align: left;"&gt; &lt;div style="margin-left: 1pt; text-align: center; white-space: nowrap;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.00pt;"&gt;&lt;span class="sec-hidden" style="-sec-ix-hidden: h_26_4d056319_485f_e85e_cd64_c52089771e28;" title="Manually tagged"&gt;N/A&lt;/span&gt;&lt;/span&gt;&lt;/div&gt; &lt;/div&gt; &lt;/td&gt; &lt;/tr&gt;
&lt;tr style="height: 13pt;"&gt;
&lt;td style="background-color: #ffffff; padding-bottom: 4pt; padding-top: 4pt; vertical-align: Bottom; width: 141.72pt;"&gt; &lt;div style="line-height: 10pt; text-align: left;"&gt; &lt;div style="margin-right: 3pt; text-align: left; white-space: nowrap;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;"&gt;May 31, 2015&lt;/span&gt;&lt;/div&gt; &lt;/div&gt; &lt;/td&gt;
&lt;td style="background-color: #ffffff; padding-bottom: 4pt; padding-top: 4pt; vertical-align: Bottom; width: 97pt;"&gt; &lt;div style="line-height: 10pt; text-align: left;"&gt; &lt;div style="margin-left: 20.955pt; margin-right: 20.955pt; text-align: center; white-space: nowrap;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;$&lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 5.01pt;"&gt;45,488,955&lt;/span&gt;&lt;/div&gt; &lt;/div&gt; &lt;/td&gt;
&lt;td style="background-color: #ffffff; padding-bottom: 4pt; padding-top: 4pt; vertical-align: Bottom; width: 96.18pt;"&gt; &lt;div style="line-height: 10pt; text-align: left;"&gt; &lt;div style="margin-left: 31.12pt; margin-right: 31.12pt; text-align: center; white-space: nowrap;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;$&lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 6.39pt;"&gt;8,540&lt;/span&gt;&lt;/div&gt; &lt;/div&gt; &lt;/td&gt;
&lt;td style="background-color: #ffffff; padding-bottom: 4pt; padding-top: 4pt; vertical-align: Bottom; width: 109.57pt;"&gt; &lt;div style="line-height: 10pt; text-align: left;"&gt; &lt;div style="margin-left: 46.16pt; margin-right: 46.16pt; text-align: center; white-space: nowrap;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;&lt;span class="sec-hidden" style="-sec-ix-hidden: h_26_ef2acbf1_0d02_1d7e_8d73_a2f818167fc7;" title="Manually tagged"&gt;N/A&lt;/span&gt;&lt;/span&gt;&lt;/div&gt; &lt;/div&gt; &lt;/td&gt;
&lt;td style="background-color: #ffffff; padding-bottom: 4pt; padding-top: 4pt; vertical-align: Bottom; width: 71.53pt;"&gt; &lt;div style="line-height: 10pt; text-align: left;"&gt; &lt;div style="margin-left: 1pt; text-align: center; white-space: nowrap;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;&lt;span class="sec-hidden" style="-sec-ix-hidden: h_26_3a966a27_c29b_6d2c_9591_573244e6f123;" title="Manually tagged"&gt;N/A&lt;/span&gt;&lt;/span&gt;&lt;/div&gt; &lt;/div&gt; &lt;/td&gt; &lt;/tr&gt;
&lt;tr style="height: 13pt;"&gt;
&lt;td style="background-color: azure; padding-bottom: 4pt; padding-top: 4pt; vertical-align: Bottom; width: 141.72pt;"&gt; &lt;div style="line-height: 10pt; text-align: left;"&gt; &lt;div style="margin-right: 3pt; text-align: left; white-space: nowrap;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;"&gt;May 31, 2014&lt;/span&gt;&lt;/div&gt; &lt;/div&gt; &lt;/td&gt;
&lt;td style="background-color: azure; padding-bottom: 4pt; padding-top: 4pt; vertical-align: Bottom; width: 97pt;"&gt; &lt;div style="line-height: 10pt; text-align: left;"&gt; &lt;div style="margin-left: 20.955pt; margin-right: 20.955pt; text-align: center; white-space: nowrap;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.00pt;"&gt;$&lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 5.01pt;"&gt;60,788,955&lt;/span&gt;&lt;/div&gt; &lt;/div&gt; &lt;/td&gt;
&lt;td style="background-color: azure; padding-bottom: 4pt; padding-top: 4pt; vertical-align: Bottom; width: 96.18pt;"&gt; &lt;div style="line-height: 10pt; text-align: left;"&gt; &lt;div style="margin-left: 31.12pt; margin-right: 31.12pt; text-align: center; white-space: nowrap;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.00pt;"&gt;$&lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 6.39pt;"&gt;6,231&lt;/span&gt;&lt;/div&gt; &lt;/div&gt; &lt;/td&gt;
&lt;td style="background-color: azure; padding-bottom: 4pt; padding-top: 4pt; vertical-align: Bottom; width: 109.57pt;"&gt; &lt;div style="line-height: 10pt; text-align: left;"&gt; &lt;div style="margin-left: 46.16pt; margin-right: 46.16pt; text-align: center; white-space: nowrap;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.00pt;"&gt;&lt;span class="sec-hidden" style="-sec-ix-hidden: h_26_f1187497_3c06_6048_7f1d_bb2bc6264056;" title="Manually tagged"&gt;N/A&lt;/span&gt;&lt;/span&gt;&lt;/div&gt; &lt;/div&gt; &lt;/td&gt;
&lt;td style="background-color: azure; padding-bottom: 4pt; padding-top: 4pt; vertical-align: Bottom; width: 71.53pt;"&gt; &lt;div style="line-height: 10pt; text-align: left;"&gt; &lt;div style="margin-left: 1pt; text-align: center; white-space: nowrap;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.00pt;"&gt;&lt;span class="sec-hidden" style="-sec-ix-hidden: h_26_40be2675_1d49_e67d_3f01_584643ffaab0;" title="Manually tagged"&gt;N/A&lt;/span&gt;&lt;/span&gt;&lt;/div&gt; &lt;/div&gt; &lt;/td&gt; &lt;/tr&gt;
&lt;tr style="height: 13pt;"&gt;
&lt;td style="background-color: #ffffff; padding-bottom: 4pt; padding-top: 4pt; vertical-align: Bottom; width: 141.72pt;"&gt; &lt;div style="line-height: 10pt; text-align: left;"&gt; &lt;div style="margin-right: 3pt; text-align: left; white-space: nowrap;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;"&gt;May 31, 2013&lt;/span&gt;&lt;/div&gt; &lt;/div&gt; &lt;/td&gt;
&lt;td style="background-color: #ffffff; padding-bottom: 4pt; padding-top: 4pt; vertical-align: Bottom; width: 97pt;"&gt; &lt;div style="line-height: 10pt; text-align: left;"&gt; &lt;div style="margin-left: 20.955pt; margin-right: 20.955pt; text-align: center; white-space: nowrap;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;$&lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 5.01pt;"&gt;56,098,955&lt;/span&gt;&lt;/div&gt; &lt;/div&gt; &lt;/td&gt;
&lt;td style="background-color: #ffffff; padding-bottom: 4pt; padding-top: 4pt; vertical-align: Bottom; width: 96.18pt;"&gt; &lt;div style="line-height: 10pt; text-align: left;"&gt; &lt;div style="margin-left: 31.12pt; margin-right: 31.12pt; text-align: center; white-space: nowrap;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;$&lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 6.39pt;"&gt;6,107&lt;/span&gt;&lt;/div&gt; &lt;/div&gt; &lt;/td&gt;
&lt;td style="background-color: #ffffff; padding-bottom: 4pt; padding-top: 4pt; vertical-align: Bottom; width: 109.57pt;"&gt; &lt;div style="line-height: 10pt; text-align: left;"&gt; &lt;div style="margin-left: 46.16pt; margin-right: 46.16pt; text-align: center; white-space: nowrap;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;&lt;span class="sec-hidden" style="-sec-ix-hidden: h_26_7f9eddb5_bb43_9713_5bc1_26a9cd29937e;" title="Manually tagged"&gt;N/A&lt;/span&gt;&lt;/span&gt;&lt;/div&gt; &lt;/div&gt; &lt;/td&gt;
&lt;td style="background-color: #ffffff; padding-bottom: 4pt; padding-top: 4pt; vertical-align: Bottom; width: 71.53pt;"&gt; &lt;div style="line-height: 10pt; text-align: left;"&gt; &lt;div style="margin-left: 1pt; text-align: center; white-space: nowrap;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;&lt;span class="sec-hidden" style="-sec-ix-hidden: h_26_a61b6b33_9ede_d800_614c_b0a8cdb0d5b4;" title="Manually tagged"&gt;N/A&lt;/span&gt;&lt;/span&gt;&lt;/div&gt; &lt;/div&gt; &lt;/td&gt; &lt;/tr&gt;
&lt;tr style="height: 13pt;"&gt;
&lt;td style="background-color: azure; padding-bottom: 4pt; padding-top: 4pt; vertical-align: Bottom; width: 141.72pt;"&gt; &lt;div style="line-height: 10pt; text-align: left;"&gt; &lt;div style="margin-right: 3pt; text-align: left; white-space: nowrap;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;"&gt;May 31, 2012&lt;/span&gt;&lt;/div&gt; &lt;/div&gt; &lt;/td&gt;
&lt;td style="background-color: azure; padding-bottom: 4pt; padding-top: 4pt; vertical-align: Bottom; width: 97pt;"&gt; &lt;div style="line-height: 10pt; text-align: left;"&gt; &lt;div style="margin-left: 20.955pt; margin-right: 20.955pt; text-align: center; white-space: nowrap;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.00pt;"&gt;$&lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 5.01pt;"&gt;30,598,955&lt;/span&gt;&lt;/div&gt; &lt;/div&gt; &lt;/td&gt;
&lt;td style="background-color: azure; padding-bottom: 4pt; padding-top: 4pt; vertical-align: Bottom; width: 96.18pt;"&gt; &lt;div style="line-height: 10pt; text-align: left;"&gt; &lt;div style="margin-left: 31.12pt; margin-right: 31.12pt; text-align: center; white-space: nowrap;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.00pt;"&gt;$&lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 6.39pt;"&gt;7,776&lt;/span&gt;&lt;/div&gt; &lt;/div&gt; &lt;/td&gt;
&lt;td style="background-color: azure; padding-bottom: 4pt; padding-top: 4pt; vertical-align: Bottom; width: 109.57pt;"&gt; &lt;div style="line-height: 10pt; text-align: left;"&gt; &lt;div style="margin-left: 46.16pt; margin-right: 46.16pt; text-align: center; white-space: nowrap;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.00pt;"&gt;&lt;span class="sec-hidden" style="-sec-ix-hidden: h_26_948ed65d_c95d_edb6_9880_5778caaef224;" title="Manually tagged"&gt;N/A&lt;/span&gt;&lt;/span&gt;&lt;/div&gt; &lt;/div&gt; &lt;/td&gt;
&lt;td style="background-color: azure; padding-bottom: 4pt; padding-top: 4pt; vertical-align: Bottom; width: 71.53pt;"&gt; &lt;div style="line-height: 10pt; text-align: left;"&gt; &lt;div style="margin-left: 1pt; text-align: center; white-space: nowrap;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.00pt;"&gt;&lt;span class="sec-hidden" style="-sec-ix-hidden: h_26_3670f224_261d_c668_c088_2a3bc7945f37;" title="Manually tagged"&gt;N/A&lt;/span&gt;&lt;/span&gt;&lt;/div&gt; &lt;/div&gt; &lt;/td&gt; &lt;/tr&gt;
&lt;tr style="height: 13pt;"&gt;
&lt;td colspan="5" style="background-color: #ffffff; padding-bottom: 4pt; padding-top: 4pt; vertical-align: Bottom; width: 516.00pt;"&gt; &lt;div style="line-height: 10pt; text-align: left;"&gt; &lt;div style="margin-right: -2pt; text-align: left; white-space: nowrap;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-weight: bold; margin-left: 0.0pt;"&gt;Reverse Repurchase Agreements(1)&lt;/span&gt;&lt;/div&gt; &lt;/div&gt; &lt;/td&gt; &lt;/tr&gt;
&lt;tr style="height: 13pt;"&gt;
&lt;td style="background-color: azure; padding-bottom: 4pt; padding-top: 4pt; vertical-align: Bottom; width: 141.72pt;"&gt; &lt;div style="line-height: 10pt; text-align: left;"&gt; &lt;div style="margin-right: 3pt; text-align: left; white-space: nowrap;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;"&gt;May 31, 2021&lt;/span&gt;&lt;/div&gt; &lt;/div&gt; &lt;/td&gt;
&lt;td style="background-color: azure; padding-bottom: 4pt; padding-top: 4pt; vertical-align: Bottom; width: 97pt;"&gt; &lt;div style="line-height: 10pt; text-align: left;"&gt; &lt;div style="margin-left: 20.955pt; margin-right: 20.955pt; text-align: center; white-space: nowrap;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.00pt;"&gt;$&lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;335,327,511&lt;/span&gt;&lt;/div&gt; &lt;/div&gt; &lt;/td&gt;
&lt;td style="background-color: azure; padding-bottom: 4pt; padding-top: 4pt; vertical-align: Bottom; width: 96.18pt;"&gt; &lt;div style="line-height: 10pt; text-align: left;"&gt; &lt;div style="margin-left: 31.12pt; margin-right: 31.12pt; text-align: center; white-space: nowrap;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 5.01pt; margin-right: -2.5pt;"&gt;&lt;span class="sec-hidden" style="-sec-ix-hidden: h_26_7da213e3_40b1_12a6_5f73_bbaaaedafc93;" title="Manually tagged"&gt;N/A&lt;/span&gt;(1)&lt;/span&gt;&lt;/div&gt; &lt;/div&gt; &lt;/td&gt;
&lt;td style="background-color: azure; padding-bottom: 4pt; padding-top: 4pt; vertical-align: Bottom; width: 109.57pt;"&gt; &lt;div style="line-height: 10pt; text-align: left;"&gt; &lt;div style="margin-left: 46.16pt; margin-right: 46.16pt; text-align: center; white-space: nowrap;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.00pt;"&gt;&lt;span class="sec-hidden" style="-sec-ix-hidden: h_26_0eee9865_bcc2_69a7_64d0_9f03835625ef;" title="Manually tagged"&gt;N/A&lt;/span&gt;&lt;/span&gt;&lt;/div&gt; &lt;/div&gt; &lt;/td&gt;
&lt;td style="background-color: azure; padding-bottom: 4pt; padding-top: 4pt; vertical-align: Bottom; width: 71.53pt;"&gt; &lt;div style="line-height: 10pt; text-align: left;"&gt; &lt;div style="margin-left: 1pt; text-align: center; white-space: nowrap;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.00pt;"&gt;&lt;span class="sec-hidden" style="-sec-ix-hidden: h_26_b6dfced1_d198_de24_e2be_3497eb912849;" title="Manually tagged"&gt;N/A&lt;/span&gt;&lt;/span&gt;&lt;/div&gt; &lt;/div&gt; &lt;/td&gt; &lt;/tr&gt;
&lt;tr style="height: 13pt;"&gt;
&lt;td style="background-color: #ffffff; padding-bottom: 4pt; padding-top: 4pt; vertical-align: Bottom; width: 141.72pt;"&gt; &lt;div style="line-height: 10pt; text-align: left;"&gt; &lt;div style="margin-right: 3pt; text-align: left; white-space: nowrap;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;"&gt;May 31, 2020&lt;/span&gt;&lt;/div&gt; &lt;/div&gt; &lt;/td&gt;
&lt;td style="background-color: #ffffff; padding-bottom: 4pt; padding-top: 4pt; vertical-align: Bottom; width: 97pt;"&gt; &lt;div style="line-height: 10pt; text-align: left;"&gt; &lt;div style="margin-left: 20.955pt; margin-right: 20.955pt; text-align: center; white-space: nowrap;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;$&lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 5.01pt;"&gt;42,445,822&lt;/span&gt;&lt;/div&gt; &lt;/div&gt; &lt;/td&gt;
&lt;td style="background-color: #ffffff; padding-bottom: 4pt; padding-top: 4pt; vertical-align: Bottom; width: 96.18pt;"&gt; &lt;div style="line-height: 10pt; text-align: left;"&gt; &lt;div style="margin-left: 31.12pt; margin-right: 31.12pt; text-align: center; white-space: nowrap;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 5.01pt; margin-right: -2.5pt;"&gt;&lt;span class="sec-hidden" style="-sec-ix-hidden: h_26_03015968_3104_f2e1_2361_a4e34989212e;" title="Manually tagged"&gt;N/A&lt;/span&gt;(1)&lt;/span&gt;&lt;/div&gt; &lt;/div&gt; &lt;/td&gt;
&lt;td style="background-color: #ffffff; padding-bottom: 4pt; padding-top: 4pt; vertical-align: Bottom; width: 109.57pt;"&gt; &lt;div style="line-height: 10pt; text-align: left;"&gt; &lt;div style="margin-left: 46.16pt; margin-right: 46.16pt; text-align: center; white-space: nowrap;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;&lt;span class="sec-hidden" style="-sec-ix-hidden: h_26_c2c29e18_1f40_84aa_a3f0_4343be7d682b;" title="Manually tagged"&gt;N/A&lt;/span&gt;&lt;/span&gt;&lt;/div&gt; &lt;/div&gt; &lt;/td&gt;
&lt;td style="background-color: #ffffff; padding-bottom: 4pt; padding-top: 4pt; vertical-align: Bottom; width: 71.53pt;"&gt; &lt;div style="line-height: 10pt; text-align: left;"&gt; &lt;div style="margin-left: 1pt; text-align: center; white-space: nowrap;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;&lt;span class="sec-hidden" style="-sec-ix-hidden: h_26_e825aaa2_5fbf_ffb3_d07c_5d85de02f8bf;" title="Manually tagged"&gt;N/A&lt;/span&gt;&lt;/span&gt;&lt;/div&gt; &lt;/div&gt; &lt;/td&gt; &lt;/tr&gt;
&lt;tr style="height: 13pt;"&gt;
&lt;td style="background-color: azure; padding-bottom: 4pt; padding-top: 4pt; vertical-align: Bottom; width: 141.72pt;"&gt; &lt;div style="line-height: 10pt; text-align: left;"&gt; &lt;div style="margin-right: 3pt; text-align: left; white-space: nowrap;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;"&gt;May 31, 2019&lt;/span&gt;&lt;/div&gt; &lt;/div&gt; &lt;/td&gt;
&lt;td style="background-color: azure; padding-bottom: 4pt; padding-top: 4pt; vertical-align: Bottom; width: 97pt;"&gt; &lt;div style="line-height: 10pt; text-align: left;"&gt; &lt;div style="margin-left: 20.955pt; margin-right: 20.955pt; text-align: center; white-space: nowrap;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.00pt;"&gt;$&lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 40.06pt;"&gt;&lt;span class="sec-hidden" style="-sec-ix-hidden: h_26_b9561568_9675_0134_b5b5_9f08eda50426;" title="Manually tagged"&gt;&#x2014;&lt;/span&gt;&lt;/span&gt;&lt;/div&gt; &lt;/div&gt; &lt;/td&gt;
&lt;td style="background-color: azure; padding-bottom: 4pt; padding-top: 4pt; vertical-align: Bottom; width: 96.18pt;"&gt; &lt;div style="line-height: 10pt; text-align: left;"&gt; &lt;div style="margin-left: 31.12pt; margin-right: 31.12pt; text-align: center; white-space: nowrap;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 5.01pt; margin-right: -2.5pt;"&gt;&lt;span class="sec-hidden" style="-sec-ix-hidden: h_26_ae598643_d275_d152_abac_88944025ccb6;" title="Manually tagged"&gt;N/A&lt;/span&gt;(1)&lt;/span&gt;&lt;/div&gt; &lt;/div&gt; &lt;/td&gt;
&lt;td style="background-color: azure; padding-bottom: 4pt; padding-top: 4pt; vertical-align: Bottom; width: 109.57pt;"&gt; &lt;div style="line-height: 10pt; text-align: left;"&gt; &lt;div style="margin-left: 46.16pt; margin-right: 46.16pt; text-align: center; white-space: nowrap;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.00pt;"&gt;&lt;span class="sec-hidden" style="-sec-ix-hidden: h_26_d4e7450e_7e63_7b8c_f154_a0f355f315a2;" title="Manually tagged"&gt;N/A&lt;/span&gt;&lt;/span&gt;&lt;/div&gt; &lt;/div&gt; &lt;/td&gt;
&lt;td style="background-color: azure; padding-bottom: 4pt; padding-top: 4pt; vertical-align: Bottom; width: 71.53pt;"&gt; &lt;div style="line-height: 10pt; text-align: left;"&gt; &lt;div style="margin-left: 1pt; text-align: center; white-space: nowrap;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.00pt;"&gt;&lt;span class="sec-hidden" style="-sec-ix-hidden: h_26_6b996a4b_9fcd_c410_d016_dbeee44f1c1b;" title="Manually tagged"&gt;N/A&lt;/span&gt;&lt;/span&gt;&lt;/div&gt; &lt;/div&gt; &lt;/td&gt; &lt;/tr&gt;
&lt;tr style="height: 13pt;"&gt;
&lt;td style="background-color: #ffffff; padding-bottom: 4pt; padding-top: 4pt; vertical-align: Bottom; width: 141.72pt;"&gt; &lt;div style="line-height: 10pt; text-align: left;"&gt; &lt;div style="margin-right: 3pt; text-align: left; white-space: nowrap;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;"&gt;May 31, 2018&lt;/span&gt;&lt;/div&gt; &lt;/div&gt; &lt;/td&gt;
&lt;td style="background-color: #ffffff; padding-bottom: 4pt; padding-top: 4pt; vertical-align: Bottom; width: 97pt;"&gt; &lt;div style="line-height: 10pt; text-align: left;"&gt; &lt;div style="margin-left: 20.955pt; margin-right: 20.955pt; text-align: center; white-space: nowrap;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;$&lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 10.02pt;"&gt;1,610,022&lt;/span&gt;&lt;/div&gt; &lt;/div&gt; &lt;/td&gt;
&lt;td style="background-color: #ffffff; padding-bottom: 4pt; padding-top: 4pt; vertical-align: Bottom; width: 96.18pt;"&gt; &lt;div style="line-height: 10pt; text-align: left;"&gt; &lt;div style="margin-left: 31.12pt; margin-right: 31.12pt; text-align: center; white-space: nowrap;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 5.01pt; margin-right: -2.5pt;"&gt;&lt;span class="sec-hidden" style="-sec-ix-hidden: h_26_80da2bcf_deec_1071_693f_59603d1592eb;" title="Manually tagged"&gt;N/A&lt;/span&gt;(1)&lt;/span&gt;&lt;/div&gt; &lt;/div&gt; &lt;/td&gt;
&lt;td style="background-color: #ffffff; padding-bottom: 4pt; padding-top: 4pt; vertical-align: Bottom; width: 109.57pt;"&gt; &lt;div style="line-height: 10pt; text-align: left;"&gt; &lt;div style="margin-left: 46.16pt; margin-right: 46.16pt; text-align: center; white-space: nowrap;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;&lt;span class="sec-hidden" style="-sec-ix-hidden: h_26_513283b0_1ef8_422a_1df2_767bcef6c618;" title="Manually tagged"&gt;N/A&lt;/span&gt;&lt;/span&gt;&lt;/div&gt; &lt;/div&gt; &lt;/td&gt;
&lt;td style="background-color: #ffffff; padding-bottom: 4pt; padding-top: 4pt; vertical-align: Bottom; width: 71.53pt;"&gt; &lt;div style="line-height: 10pt; text-align: left;"&gt; &lt;div style="margin-left: 1pt; text-align: center; white-space: nowrap;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;&lt;span class="sec-hidden" style="-sec-ix-hidden: h_26_193826c4_0c4c_4d1a_fdaa_bc791d823505;" title="Manually tagged"&gt;N/A&lt;/span&gt;&lt;/span&gt;&lt;/div&gt; &lt;/div&gt; &lt;/td&gt; &lt;/tr&gt;
&lt;tr style="height: 13pt;"&gt;
&lt;td style="background-color: azure; padding-bottom: 4pt; padding-top: 4pt; vertical-align: Bottom; width: 141.72pt;"&gt; &lt;div style="line-height: 10pt; text-align: left;"&gt; &lt;div style="margin-right: 3pt; text-align: left; white-space: nowrap;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;"&gt;May 31, 2017&lt;/span&gt;&lt;/div&gt; &lt;/div&gt; &lt;/td&gt;
&lt;td style="background-color: azure; padding-bottom: 4pt; padding-top: 4pt; vertical-align: Bottom; width: 97pt;"&gt; &lt;div style="line-height: 10pt; text-align: left;"&gt; &lt;div style="margin-left: 20.955pt; margin-right: 20.955pt; text-align: center; white-space: nowrap;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.00pt;"&gt;$&lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 5.01pt;"&gt;91,424,819&lt;/span&gt;&lt;/div&gt; &lt;/div&gt; &lt;/td&gt;
&lt;td style="background-color: azure; padding-bottom: 4pt; padding-top: 4pt; vertical-align: Bottom; width: 96.18pt;"&gt; &lt;div style="line-height: 10pt; text-align: left;"&gt; &lt;div style="margin-left: 31.12pt; margin-right: 31.12pt; text-align: center; white-space: nowrap;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 5.01pt; margin-right: -2.5pt;"&gt;&lt;span class="sec-hidden" style="-sec-ix-hidden: h_26_db5997f0_6004_d6fe_505c_6aeab77b9f12;" title="Manually tagged"&gt;N/A&lt;/span&gt;(1)&lt;/span&gt;&lt;/div&gt; &lt;/div&gt; &lt;/td&gt;
&lt;td style="background-color: azure; padding-bottom: 4pt; padding-top: 4pt; vertical-align: Bottom; width: 109.57pt;"&gt; &lt;div style="line-height: 10pt; text-align: left;"&gt; &lt;div style="margin-left: 46.16pt; margin-right: 46.16pt; text-align: center; white-space: nowrap;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.00pt;"&gt;&lt;span class="sec-hidden" style="-sec-ix-hidden: h_26_5700df6a_4292_fd88_ea45_fc89e3074c19;" title="Manually tagged"&gt;N/A&lt;/span&gt;&lt;/span&gt;&lt;/div&gt; &lt;/div&gt; &lt;/td&gt;
&lt;td style="background-color: azure; padding-bottom: 4pt; padding-top: 4pt; vertical-align: Bottom; width: 71.53pt;"&gt; &lt;div style="line-height: 10pt; text-align: left;"&gt; &lt;div style="margin-left: 1pt; text-align: center; white-space: nowrap;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.00pt;"&gt;&lt;span class="sec-hidden" style="-sec-ix-hidden: h_26_787073c6_c1f5_75db_99d5_a28e5741717b;" title="Manually tagged"&gt;N/A&lt;/span&gt;&lt;/span&gt;&lt;/div&gt; &lt;/div&gt; &lt;/td&gt; &lt;/tr&gt;
&lt;tr style="height: 13pt;"&gt;
&lt;td style="background-color: #ffffff; padding-bottom: 4pt; padding-top: 4pt; vertical-align: Bottom; width: 141.72pt;"&gt; &lt;div style="line-height: 10pt; text-align: left;"&gt; &lt;div style="margin-right: 3pt; text-align: left; white-space: nowrap;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;"&gt;May 31, 2016&lt;/span&gt;&lt;/div&gt; &lt;/div&gt; &lt;/td&gt;
&lt;td style="background-color: #ffffff; padding-bottom: 4pt; padding-top: 4pt; vertical-align: Bottom; width: 97pt;"&gt; &lt;div style="line-height: 10pt; text-align: left;"&gt; &lt;div style="margin-left: 20.955pt; margin-right: 20.955pt; text-align: center; white-space: nowrap;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;$&lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;130,570,046&lt;/span&gt;&lt;/div&gt; &lt;/div&gt; &lt;/td&gt;
&lt;td style="background-color: #ffffff; padding-bottom: 4pt; padding-top: 4pt; vertical-align: Bottom; width: 96.18pt;"&gt; &lt;div style="line-height: 10pt; text-align: left;"&gt; &lt;div style="margin-left: 31.12pt; margin-right: 31.12pt; text-align: center; white-space: nowrap;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 5.01pt; margin-right: -2.5pt;"&gt;&lt;span class="sec-hidden" style="-sec-ix-hidden: h_26_e64e4a8d_f393_5939_5534_0e8d50f5374b;" title="Manually tagged"&gt;N/A&lt;/span&gt;(1)&lt;/span&gt;&lt;/div&gt; &lt;/div&gt; &lt;/td&gt;
&lt;td style="background-color: #ffffff; padding-bottom: 4pt; padding-top: 4pt; vertical-align: Bottom; width: 109.57pt;"&gt; &lt;div style="line-height: 10pt; text-align: left;"&gt; &lt;div style="margin-left: 46.16pt; margin-right: 46.16pt; text-align: center; white-space: nowrap;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;&lt;span class="sec-hidden" style="-sec-ix-hidden: h_26_7745a167_f95b_5be6_d4f0_d347f546879c;" title="Manually tagged"&gt;N/A&lt;/span&gt;&lt;/span&gt;&lt;/div&gt; &lt;/div&gt; &lt;/td&gt;
&lt;td style="background-color: #ffffff; padding-bottom: 4pt; padding-top: 4pt; vertical-align: Bottom; width: 71.53pt;"&gt; &lt;div style="line-height: 10pt; text-align: left;"&gt; &lt;div style="margin-left: 1pt; text-align: center; white-space: nowrap;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;&lt;span class="sec-hidden" style="-sec-ix-hidden: h_26_c7315498_15ac_f408_3b41_478decb3bca9;" title="Manually tagged"&gt;N/A&lt;/span&gt;&lt;/span&gt;&lt;/div&gt; &lt;/div&gt; &lt;/td&gt; &lt;/tr&gt;
&lt;tr style="height: 13pt;"&gt;
&lt;td style="background-color: azure; padding-bottom: 4pt; padding-top: 4pt; vertical-align: Bottom; width: 141.72pt;"&gt; &lt;div style="line-height: 10pt; text-align: left;"&gt; &lt;div style="margin-right: 3pt; text-align: left; white-space: nowrap;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;"&gt;May 31, 2015&lt;/span&gt;&lt;/div&gt; &lt;/div&gt; &lt;/td&gt;
&lt;td style="background-color: azure; padding-bottom: 4pt; padding-top: 4pt; vertical-align: Bottom; width: 97pt;"&gt; &lt;div style="line-height: 10pt; text-align: left;"&gt; &lt;div style="margin-left: 20.955pt; margin-right: 20.955pt; text-align: center; white-space: nowrap;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.00pt;"&gt;$&lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;114,758,163&lt;/span&gt;&lt;/div&gt; &lt;/div&gt; &lt;/td&gt;
&lt;td style="background-color: azure; padding-bottom: 4pt; padding-top: 4pt; vertical-align: Bottom; width: 96.18pt;"&gt; &lt;div style="line-height: 10pt; text-align: left;"&gt; &lt;div style="margin-left: 31.12pt; margin-right: 31.12pt; text-align: center; white-space: nowrap;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 5.01pt; margin-right: -2.5pt;"&gt;&lt;span class="sec-hidden" style="-sec-ix-hidden: h_26_c5c473f6_6275_acd7_e255_48ee07da69fc;" title="Manually tagged"&gt;N/A&lt;/span&gt;(1)&lt;/span&gt;&lt;/div&gt; &lt;/div&gt; &lt;/td&gt;
&lt;td style="background-color: azure; padding-bottom: 4pt; padding-top: 4pt; vertical-align: Bottom; width: 109.57pt;"&gt; &lt;div style="line-height: 10pt; text-align: left;"&gt; &lt;div style="margin-left: 46.16pt; margin-right: 46.16pt; text-align: center; white-space: nowrap;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.00pt;"&gt;&lt;span class="sec-hidden" style="-sec-ix-hidden: h_26_3f712cc2_7795_ca09_ea3f_3a4f3efe1536;" title="Manually tagged"&gt;N/A&lt;/span&gt;&lt;/span&gt;&lt;/div&gt; &lt;/div&gt; &lt;/td&gt;
&lt;td style="background-color: azure; padding-bottom: 4pt; padding-top: 4pt; vertical-align: Bottom; width: 71.53pt;"&gt; &lt;div style="line-height: 10pt; text-align: left;"&gt; &lt;div style="margin-left: 1pt; text-align: center; white-space: nowrap;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.00pt;"&gt;&lt;span class="sec-hidden" style="-sec-ix-hidden: h_26_fec4b63a_7b40_d13e_9b8d_c4c1112814d0;" title="Manually tagged"&gt;N/A&lt;/span&gt;&lt;/span&gt;&lt;/div&gt; &lt;/div&gt; &lt;/td&gt; &lt;/tr&gt;
&lt;tr style="height: 13pt;"&gt;
&lt;td style="background-color: #ffffff; padding-bottom: 4pt; padding-top: 4pt; vertical-align: Bottom; width: 141.72pt;"&gt; &lt;div style="line-height: 10pt; text-align: left;"&gt; &lt;div style="margin-right: 3pt; text-align: left; white-space: nowrap;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;"&gt;May 31, 2014&lt;/span&gt;&lt;/div&gt; &lt;/div&gt; &lt;/td&gt;
&lt;td style="background-color: #ffffff; padding-bottom: 4pt; padding-top: 4pt; vertical-align: Bottom; width: 97pt;"&gt; &lt;div style="line-height: 10pt; text-align: left;"&gt; &lt;div style="margin-left: 20.955pt; margin-right: 20.955pt; text-align: center; white-space: nowrap;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;$&lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 5.01pt;"&gt;75,641,024&lt;/span&gt;&lt;/div&gt; &lt;/div&gt; &lt;/td&gt;
&lt;td style="background-color: #ffffff; padding-bottom: 4pt; padding-top: 4pt; vertical-align: Bottom; width: 96.18pt;"&gt; &lt;div style="line-height: 10pt; text-align: left;"&gt; &lt;div style="margin-left: 31.12pt; margin-right: 31.12pt; text-align: center; white-space: nowrap;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 5.01pt; margin-right: -2.5pt;"&gt;&lt;span class="sec-hidden" style="-sec-ix-hidden: h_26_aec0c12f_d2fc_17ed_7098_0ac739bcebae;" title="Manually tagged"&gt;N/A&lt;/span&gt;(1)&lt;/span&gt;&lt;/div&gt; &lt;/div&gt; &lt;/td&gt;
&lt;td style="background-color: #ffffff; padding-bottom: 4pt; padding-top: 4pt; vertical-align: Bottom; width: 109.57pt;"&gt; &lt;div style="line-height: 10pt; text-align: left;"&gt; &lt;div style="margin-left: 46.16pt; margin-right: 46.16pt; text-align: center; white-space: nowrap;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;&lt;span class="sec-hidden" style="-sec-ix-hidden: h_26_700f5caf_cd67_8576_c097_42297f811d06;" title="Manually tagged"&gt;N/A&lt;/span&gt;&lt;/span&gt;&lt;/div&gt; &lt;/div&gt; &lt;/td&gt;
&lt;td style="background-color: #ffffff; padding-bottom: 4pt; padding-top: 4pt; vertical-align: Bottom; width: 71.53pt;"&gt; &lt;div style="line-height: 10pt; text-align: left;"&gt; &lt;div style="margin-left: 1pt; text-align: center; white-space: nowrap;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;&lt;span class="sec-hidden" style="-sec-ix-hidden: h_26_a4cab739_9b5f_4ffb_3146_1920a49c51ff;" title="Manually tagged"&gt;N/A&lt;/span&gt;&lt;/span&gt;&lt;/div&gt; &lt;/div&gt; &lt;/td&gt; &lt;/tr&gt;
&lt;tr style="height: 13pt;"&gt;
&lt;td style="background-color: azure; padding-bottom: 4pt; padding-top: 4pt; vertical-align: Bottom; width: 141.72pt;"&gt; &lt;div style="line-height: 10pt; text-align: left;"&gt; &lt;div style="margin-right: 3pt; text-align: left; white-space: nowrap;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;"&gt;May 31, 2013&lt;/span&gt;&lt;/div&gt; &lt;/div&gt; &lt;/td&gt;
&lt;td style="background-color: azure; padding-bottom: 4pt; padding-top: 4pt; vertical-align: Bottom; width: 97pt;"&gt; &lt;div style="line-height: 10pt; text-align: left;"&gt; &lt;div style="margin-left: 20.955pt; margin-right: 20.955pt; text-align: center; white-space: nowrap;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.00pt;"&gt;$&lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 5.01pt;"&gt;59,473,742&lt;/span&gt;&lt;/div&gt; &lt;/div&gt; &lt;/td&gt;
&lt;td style="background-color: azure; padding-bottom: 4pt; padding-top: 4pt; vertical-align: Bottom; width: 96.18pt;"&gt; &lt;div style="line-height: 10pt; text-align: left;"&gt; &lt;div style="margin-left: 31.12pt; margin-right: 31.12pt; text-align: center; white-space: nowrap;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 5.01pt; margin-right: -2.5pt;"&gt;&lt;span class="sec-hidden" style="-sec-ix-hidden: h_26_6a2f2612_df1d_ec72_5962_82adaac0aea6;" title="Manually tagged"&gt;N/A&lt;/span&gt;(1)&lt;/span&gt;&lt;/div&gt; &lt;/div&gt; &lt;/td&gt;
&lt;td style="background-color: azure; padding-bottom: 4pt; padding-top: 4pt; vertical-align: Bottom; width: 109.57pt;"&gt; &lt;div style="line-height: 10pt; text-align: left;"&gt; &lt;div style="margin-left: 46.16pt; margin-right: 46.16pt; text-align: center; white-space: nowrap;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.00pt;"&gt;&lt;span class="sec-hidden" style="-sec-ix-hidden: h_26_6bd00195_83da_0c07_8ef0_086bfaa0730d;" title="Manually tagged"&gt;N/A&lt;/span&gt;&lt;/span&gt;&lt;/div&gt; &lt;/div&gt; &lt;/td&gt;
&lt;td style="background-color: azure; padding-bottom: 4pt; padding-top: 4pt; vertical-align: Bottom; width: 71.53pt;"&gt; &lt;div style="line-height: 10pt; text-align: left;"&gt; &lt;div style="margin-left: 1pt; text-align: center; white-space: nowrap;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.00pt;"&gt;&lt;span class="sec-hidden" style="-sec-ix-hidden: h_26_bbc4eea2_0c58_4404_d9dc_51b73431cdf5;" title="Manually tagged"&gt;N/A&lt;/span&gt;&lt;/span&gt;&lt;/div&gt; &lt;/div&gt; &lt;/td&gt; &lt;/tr&gt;
&lt;tr style="height: 9pt;"&gt;
&lt;td style="background-color: #ffffff; padding-bottom: 1.5pt; padding-top: 4pt; vertical-align: Bottom; width: 141.72pt;"&gt; &lt;div style="line-height: 10pt; text-align: left;"&gt; &lt;div style="margin-right: 3pt; text-align: left; white-space: nowrap;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;"&gt;May 31, 2012&lt;/span&gt;&lt;/div&gt; &lt;/div&gt; &lt;/td&gt;
&lt;td style="background-color: #ffffff; padding-bottom: 1.5pt; padding-top: 4pt; vertical-align: Bottom; width: 97pt;"&gt; &lt;div style="line-height: 10pt; text-align: left;"&gt; &lt;div style="margin-left: 20.955pt; margin-right: 20.955pt; text-align: center; white-space: nowrap;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;$&lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 5.01pt;"&gt;53,243,041&lt;/span&gt;&lt;/div&gt; &lt;/div&gt; &lt;/td&gt;
&lt;td style="background-color: #ffffff; padding-bottom: 1.5pt; padding-top: 4pt; vertical-align: Bottom; width: 96.18pt;"&gt; &lt;div style="line-height: 10pt; text-align: left;"&gt; &lt;div style="margin-left: 31.12pt; margin-right: 31.12pt; text-align: center; white-space: nowrap;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 5.01pt; margin-right: -2.5pt;"&gt;&lt;span class="sec-hidden" style="-sec-ix-hidden: h_26_07df73fe_310e_cde6_2770_57d7884c5fa0;" title="Manually tagged"&gt;N/A&lt;/span&gt;(1)&lt;/span&gt;&lt;/div&gt; &lt;/div&gt; &lt;/td&gt;
&lt;td style="background-color: #ffffff; padding-bottom: 1.5pt; padding-top: 4pt; vertical-align: Bottom; width: 109.57pt;"&gt; &lt;div style="line-height: 10pt; text-align: left;"&gt; &lt;div style="margin-left: 46.16pt; margin-right: 46.16pt; text-align: center; white-space: nowrap;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;&lt;span class="sec-hidden" style="-sec-ix-hidden: h_26_37a68e65_5acd_83df_8c9b_a46712b9f452;" title="Manually tagged"&gt;N/A&lt;/span&gt;&lt;/span&gt;&lt;/div&gt; &lt;/div&gt; &lt;/td&gt;
&lt;td style="background-color: #ffffff; padding-bottom: 1.5pt; padding-top: 4pt; vertical-align: Bottom; width: 71.53pt;"&gt; &lt;div style="line-height: 10pt; text-align: left;"&gt; &lt;div style="margin-left: 1pt; text-align: center; white-space: nowrap;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;&lt;span class="sec-hidden" style="-sec-ix-hidden: h_26_bb6ded07_2c46_9f2a_929e_5ab42a042da2;" title="Manually tagged"&gt;N/A&lt;/span&gt;&lt;/span&gt;&lt;/div&gt; &lt;/div&gt; &lt;/td&gt; &lt;/tr&gt; &lt;/table&gt;    &lt;div style="float: left; line-height: 10.02pt; margin-left: 14.65pt; text-align: justify; width: 487.00pt;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 8.02pt;"&gt;As a result of the Fund having earmarked or segregated cash or liquid securities to collateralize the transactions or otherwise having covered the &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 8.02pt;"&gt;transactions, in accordance with current regulatory requirements under the releases and interpretive letters issued by the SEC and its staff, the Fund does &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 8.02pt;"&gt;not treat its obligations under such transactions as senior securities representing indebtedness for purposes of the 1940 Act.&lt;/span&gt;&lt;/div&gt;  </cef:SeniorSecuritiesNoteTextBlock>
    <cef:SeniorSecuritiesHighlightsAuditedNoteTextBlock
      contextRef="DefaultContext"
      id="t_3_b9107241_c416_5337_cbe8_f4dcac852de7">The Fund&#x2019;s audited financial statements appearing in the Fund&#x2019;s annual report to shareholders for the year ended May 31, 2021, including the report of Ernst &amp;amp; Young LLP thereon, including accompanying notes thereto, are incorporated by reference in the SAI.</cef:SeniorSecuritiesHighlightsAuditedNoteTextBlock>
    <cef:SeniorSecuritiesTableTextBlock
      contextRef="DefaultContext"
      id="t_2_e4501fbc_b5c6_24e9_e97d_d73119c40a2c">
&lt;table cellpadding="0" cellspacing="0" style="empty-cells: show; width: 516pt;"&gt;
&lt;tr style="height: 20.35pt;"&gt;
&lt;td style="background-color: #ffffff; padding-bottom: 3.35pt; padding-top: 3.35pt; vertical-align: Bottom; width: 141.72pt;"&gt; &lt;div style="line-height: 10pt; text-align: left;"&gt; &lt;div style="margin-right: 3pt; text-align: left; white-space: nowrap;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-weight: bold; margin-left: 0.0pt;"&gt;Class and Fiscal Period End&lt;/span&gt;&lt;/div&gt; &lt;/div&gt; &lt;/td&gt;
&lt;td style="background-color: #ffffff; border-bottom: 0.5pt solid #000000; padding-bottom: 1.35pt; padding-top: 1.35pt; vertical-align: Bottom; width: 97pt;"&gt; &lt;div style="line-height: 13.02pt; text-align: left;"&gt; &lt;div style="margin-left: 1pt; margin-right: 1pt; text-align: center; white-space: nowrap;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-weight: bold;"&gt;Total Principal &lt;/span&gt;&lt;/div&gt; &lt;div style="margin-left: 1pt; margin-right: 1pt; text-align: center; white-space: nowrap;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-weight: bold;"&gt;Amount Outstanding&lt;/span&gt;&lt;/div&gt; &lt;/div&gt; &lt;/td&gt;
&lt;td style="background-color: #ffffff; border-bottom: 0.5pt solid #000000; padding-bottom: 1.35pt; padding-top: 1.35pt; vertical-align: Bottom; width: 96.18pt;"&gt; &lt;div style="line-height: 13.02pt; text-align: left;"&gt; &lt;div style="margin-left: 1pt; margin-right: 1pt; text-align: center; white-space: nowrap;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-weight: bold;"&gt;Asset Coverage Per &lt;/span&gt;&lt;/div&gt; &lt;div style="margin-left: 1pt; margin-right: 1pt; text-align: center; white-space: nowrap;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-weight: bold;"&gt;$1,000 of Borrowings&lt;/span&gt;&lt;/div&gt; &lt;/div&gt; &lt;/td&gt;
&lt;td style="background-color: #ffffff; border-bottom: 0.5pt solid #000000; padding-bottom: 1.35pt; padding-top: 1.35pt; vertical-align: Bottom; width: 109.57pt;"&gt; &lt;div style="line-height: 13.02pt; text-align: left;"&gt; &lt;div style="margin-left: 1pt; margin-right: 1pt; text-align: center; white-space: nowrap;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-weight: bold;"&gt;Involuntary Liquidating &lt;/span&gt;&lt;/div&gt; &lt;div style="margin-left: 1pt; margin-right: 1pt; text-align: center; white-space: nowrap;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-weight: bold;"&gt;Preference Per Unit&lt;/span&gt;&lt;/div&gt; &lt;/div&gt; &lt;/td&gt;
&lt;td style="background-color: #ffffff; border-bottom: 0.5pt solid #000000; padding-bottom: 1.35pt; padding-top: 1.35pt; vertical-align: Bottom; width: 71.53pt;"&gt; &lt;div style="line-height: 13.02pt; text-align: left;"&gt; &lt;div style="margin-left: 1pt; text-align: center; white-space: nowrap;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-weight: bold;"&gt;Average Market &lt;/span&gt;&lt;/div&gt; &lt;div style="margin-left: 1pt; text-align: center; white-space: nowrap;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-weight: bold;"&gt;Value Per Unit&lt;/span&gt;&lt;/div&gt; &lt;/div&gt; &lt;/td&gt; &lt;/tr&gt;
&lt;tr style="height: 12.35pt;"&gt;
&lt;td colspan="5" style="background-color: azure; padding-bottom: 4pt; padding-top: 3.35pt; vertical-align: Bottom; width: 516.00pt;"&gt; &lt;div style="line-height: 10pt; text-align: left;"&gt; &lt;div style="margin-right: -2pt; text-align: left; white-space: nowrap;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-weight: bold; margin-left: 0.0pt;"&gt;Borrowings &#x2013; Committed Facility Agreement&lt;/span&gt;&lt;/div&gt; &lt;/div&gt; &lt;/td&gt; &lt;/tr&gt;
&lt;tr style="height: 13pt;"&gt;
&lt;td style="background-color: #ffffff; padding-bottom: 4pt; padding-top: 4pt; vertical-align: Bottom; width: 141.72pt;"&gt; &lt;div style="line-height: 10pt; text-align: left;"&gt; &lt;div style="margin-right: 3pt; text-align: left; white-space: nowrap;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;"&gt;May 31, 2021&lt;/span&gt;&lt;/div&gt; &lt;/div&gt; &lt;/td&gt;
&lt;td style="background-color: #ffffff; padding-bottom: 4pt; padding-top: 4pt; vertical-align: Bottom; width: 97pt;"&gt; &lt;div style="line-height: 10pt; text-align: left;"&gt; &lt;div style="margin-left: 20.955pt; margin-right: 20.955pt; text-align: center; white-space: nowrap;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;$&lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 5.01pt;"&gt;38,500,690&lt;/span&gt;&lt;/div&gt; &lt;/div&gt; &lt;/td&gt;
&lt;td style="background-color: #ffffff; padding-bottom: 4pt; padding-top: 4pt; vertical-align: Bottom; width: 96.18pt;"&gt; &lt;div style="line-height: 10pt; text-align: left;"&gt; &lt;div style="margin-left: 31.12pt; margin-right: 31.12pt; text-align: center; white-space: nowrap;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;$&lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 1.38pt;"&gt;23,806&lt;/span&gt;&lt;/div&gt; &lt;/div&gt; &lt;/td&gt;
&lt;td style="background-color: #ffffff; padding-bottom: 4pt; padding-top: 4pt; vertical-align: Bottom; width: 109.57pt;"&gt; &lt;div style="line-height: 10pt; text-align: left;"&gt; &lt;div style="margin-left: 46.16pt; margin-right: 46.16pt; text-align: center; white-space: nowrap;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;&lt;span class="sec-hidden" style="-sec-ix-hidden: h_26_a41c652c_397f_cede_b0a2_eaf415fc3535;" title="Manually tagged"&gt;N/A&lt;/span&gt;&lt;/span&gt;&lt;/div&gt; &lt;/div&gt; &lt;/td&gt;
&lt;td style="background-color: #ffffff; padding-bottom: 4pt; padding-top: 4pt; vertical-align: Bottom; width: 71.53pt;"&gt; &lt;div style="line-height: 10pt; text-align: left;"&gt; &lt;div style="margin-left: 1pt; text-align: center; white-space: nowrap;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;&lt;span class="sec-hidden" style="-sec-ix-hidden: h_26_35b8d72b_245a_c9b1_8851_ca95bf99d8bc;" title="Manually tagged"&gt;N/A&lt;/span&gt;&lt;/span&gt;&lt;/div&gt; &lt;/div&gt; &lt;/td&gt; &lt;/tr&gt;
&lt;tr style="height: 13pt;"&gt;
&lt;td style="background-color: azure; padding-bottom: 4pt; padding-top: 4pt; vertical-align: Bottom; width: 141.72pt;"&gt; &lt;div style="line-height: 10pt; text-align: left;"&gt; &lt;div style="margin-right: 3pt; text-align: left; white-space: nowrap;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;"&gt;May 31, 2020&lt;/span&gt;&lt;/div&gt; &lt;/div&gt; &lt;/td&gt;
&lt;td style="background-color: azure; padding-bottom: 4pt; padding-top: 4pt; vertical-align: Bottom; width: 97pt;"&gt; &lt;div style="line-height: 10pt; text-align: left;"&gt; &lt;div style="margin-left: 20.955pt; margin-right: 20.955pt; text-align: center; white-space: nowrap;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.00pt;"&gt;$&lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 5.01pt;"&gt;19,300,000&lt;/span&gt;&lt;/div&gt; &lt;/div&gt; &lt;/td&gt;
&lt;td style="background-color: azure; padding-bottom: 4pt; padding-top: 4pt; vertical-align: Bottom; width: 96.18pt;"&gt; &lt;div style="line-height: 10pt; text-align: left;"&gt; &lt;div style="margin-left: 31.12pt; margin-right: 31.12pt; text-align: center; white-space: nowrap;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.00pt;"&gt;$&lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 1.38pt;"&gt;34,621&lt;/span&gt;&lt;/div&gt; &lt;/div&gt; &lt;/td&gt;
&lt;td style="background-color: azure; padding-bottom: 4pt; padding-top: 4pt; vertical-align: Bottom; width: 109.57pt;"&gt; &lt;div style="line-height: 10pt; text-align: left;"&gt; &lt;div style="margin-left: 46.16pt; margin-right: 46.16pt; text-align: center; white-space: nowrap;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.00pt;"&gt;&lt;span class="sec-hidden" style="-sec-ix-hidden: h_26_6efe55d0_e2c0_a4b9_05bc_2f3338f7276a;" title="Manually tagged"&gt;N/A&lt;/span&gt;&lt;/span&gt;&lt;/div&gt; &lt;/div&gt; &lt;/td&gt;
&lt;td style="background-color: azure; padding-bottom: 4pt; padding-top: 4pt; vertical-align: Bottom; width: 71.53pt;"&gt; &lt;div style="line-height: 10pt; text-align: left;"&gt; &lt;div style="margin-left: 1pt; text-align: center; white-space: nowrap;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.00pt;"&gt;&lt;span class="sec-hidden" style="-sec-ix-hidden: h_26_a8255de5_cd82_6080_a548_fc39d25480da;" title="Manually tagged"&gt;N/A&lt;/span&gt;&lt;/span&gt;&lt;/div&gt; &lt;/div&gt; &lt;/td&gt; &lt;/tr&gt;
&lt;tr style="height: 13pt;"&gt;
&lt;td style="background-color: #ffffff; padding-bottom: 4pt; padding-top: 4pt; vertical-align: Bottom; width: 141.72pt;"&gt; &lt;div style="line-height: 10pt; text-align: left;"&gt; &lt;div style="margin-right: 3pt; text-align: left; white-space: nowrap;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;"&gt;May 31, 2019&lt;/span&gt;&lt;/div&gt; &lt;/div&gt; &lt;/td&gt;
&lt;td style="background-color: #ffffff; padding-bottom: 4pt; padding-top: 4pt; vertical-align: Bottom; width: 97pt;"&gt; &lt;div style="line-height: 10pt; text-align: left;"&gt; &lt;div style="margin-left: 20.955pt; margin-right: 20.955pt; text-align: center; white-space: nowrap;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;$&lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 40.06pt;"&gt;&lt;span class="sec-hidden" style="-sec-ix-hidden: h_26_feb763ab_a9d4_6ca8_11e4_27a730481d41;" title="Manually tagged"&gt;&#x2014;&lt;/span&gt;&lt;/span&gt;&lt;/div&gt; &lt;/div&gt; &lt;/td&gt;
&lt;td style="background-color: #ffffff; padding-bottom: 4pt; padding-top: 4pt; vertical-align: Bottom; width: 96.18pt;"&gt; &lt;div style="line-height: 10pt; text-align: left;"&gt; &lt;div style="margin-left: 31.12pt; margin-right: 31.12pt; text-align: center; white-space: nowrap;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;$&lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 18.91pt;"&gt;&lt;span class="sec-hidden" style="-sec-ix-hidden: h_26_d8ca5923_da4c_0005_5fa5_deff6337a851;" title="Manually tagged"&gt;&#x2014;&lt;/span&gt;&lt;/span&gt;&lt;/div&gt; &lt;/div&gt; &lt;/td&gt;
&lt;td style="background-color: #ffffff; padding-bottom: 4pt; padding-top: 4pt; vertical-align: Bottom; width: 109.57pt;"&gt; &lt;div style="line-height: 10pt; text-align: left;"&gt; &lt;div style="margin-left: 46.16pt; margin-right: 46.16pt; text-align: center; white-space: nowrap;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;&lt;span class="sec-hidden" style="-sec-ix-hidden: h_26_e0167e53_64eb_0553_e56d_c0757f733e5c;" title="Manually tagged"&gt;N/A&lt;/span&gt;&lt;/span&gt;&lt;/div&gt; &lt;/div&gt; &lt;/td&gt;
&lt;td style="background-color: #ffffff; padding-bottom: 4pt; padding-top: 4pt; vertical-align: Bottom; width: 71.53pt;"&gt; &lt;div style="line-height: 10pt; text-align: left;"&gt; &lt;div style="margin-left: 1pt; text-align: center; white-space: nowrap;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;&lt;span class="sec-hidden" style="-sec-ix-hidden: h_26_71323dac_0dfb_0c79_ca4b_2cbed7278fdf;" title="Manually tagged"&gt;N/A&lt;/span&gt;&lt;/span&gt;&lt;/div&gt; &lt;/div&gt; &lt;/td&gt; &lt;/tr&gt;
&lt;tr style="height: 13pt;"&gt;
&lt;td style="background-color: azure; padding-bottom: 4pt; padding-top: 4pt; vertical-align: Bottom; width: 141.72pt;"&gt; &lt;div style="line-height: 10pt; text-align: left;"&gt; &lt;div style="margin-right: 3pt; text-align: left; white-space: nowrap;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;"&gt;May 31, 2018&lt;/span&gt;&lt;/div&gt; &lt;/div&gt; &lt;/td&gt;
&lt;td style="background-color: azure; padding-bottom: 4pt; padding-top: 4pt; vertical-align: Bottom; width: 97pt;"&gt; &lt;div style="line-height: 10pt; text-align: left;"&gt; &lt;div style="margin-left: 20.955pt; margin-right: 20.955pt; text-align: center; white-space: nowrap;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.00pt;"&gt;$&lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 40.06pt;"&gt;&lt;span class="sec-hidden" style="-sec-ix-hidden: h_26_1e774b6c_7bcc_6a97_df9a_b4fabd054356;" title="Manually tagged"&gt;&#x2014;&lt;/span&gt;&lt;/span&gt;&lt;/div&gt; &lt;/div&gt; &lt;/td&gt;
&lt;td style="background-color: azure; padding-bottom: 4pt; padding-top: 4pt; vertical-align: Bottom; width: 96.18pt;"&gt; &lt;div style="line-height: 10pt; text-align: left;"&gt; &lt;div style="margin-left: 31.12pt; margin-right: 31.12pt; text-align: center; white-space: nowrap;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.00pt;"&gt;$&lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 18.91pt;"&gt;&lt;span class="sec-hidden" style="-sec-ix-hidden: h_26_31681ccb_7c84_3df4_f40e_2d6fa53d9595;" title="Manually tagged"&gt;&#x2014;&lt;/span&gt;&lt;/span&gt;&lt;/div&gt; &lt;/div&gt; &lt;/td&gt;
&lt;td style="background-color: azure; padding-bottom: 4pt; padding-top: 4pt; vertical-align: Bottom; width: 109.57pt;"&gt; &lt;div style="line-height: 10pt; text-align: left;"&gt; &lt;div style="margin-left: 46.16pt; margin-right: 46.16pt; text-align: center; white-space: nowrap;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.00pt;"&gt;&lt;span class="sec-hidden" style="-sec-ix-hidden: h_26_42421524_acc8_59cc_b5c1_723ab379ff93;" title="Manually tagged"&gt;N/A&lt;/span&gt;&lt;/span&gt;&lt;/div&gt; &lt;/div&gt; &lt;/td&gt;
&lt;td style="background-color: azure; padding-bottom: 4pt; padding-top: 4pt; vertical-align: Bottom; width: 71.53pt;"&gt; &lt;div style="line-height: 10pt; text-align: left;"&gt; &lt;div style="margin-left: 1pt; text-align: center; white-space: nowrap;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.00pt;"&gt;&lt;span class="sec-hidden" style="-sec-ix-hidden: h_26_4f75ee45_656c_f98c_c8aa_2ab88c84816c;" title="Manually tagged"&gt;N/A&lt;/span&gt;&lt;/span&gt;&lt;/div&gt; &lt;/div&gt; &lt;/td&gt; &lt;/tr&gt;
&lt;tr style="height: 13pt;"&gt;
&lt;td style="background-color: #ffffff; padding-bottom: 4pt; padding-top: 4pt; vertical-align: Bottom; width: 141.72pt;"&gt; &lt;div style="line-height: 10pt; text-align: left;"&gt; &lt;div style="margin-right: 3pt; text-align: left; white-space: nowrap;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;"&gt;May 31, 2017&lt;/span&gt;&lt;/div&gt; &lt;/div&gt; &lt;/td&gt;
&lt;td style="background-color: #ffffff; padding-bottom: 4pt; padding-top: 4pt; vertical-align: Bottom; width: 97pt;"&gt; &lt;div style="line-height: 10pt; text-align: left;"&gt; &lt;div style="margin-left: 20.955pt; margin-right: 20.955pt; text-align: center; white-space: nowrap;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;$&lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 5.01pt;"&gt;16,704,955&lt;/span&gt;&lt;/div&gt; &lt;/div&gt; &lt;/td&gt;
&lt;td style="background-color: #ffffff; padding-bottom: 4pt; padding-top: 4pt; vertical-align: Bottom; width: 96.18pt;"&gt; &lt;div style="line-height: 10pt; text-align: left;"&gt; &lt;div style="margin-left: 31.12pt; margin-right: 31.12pt; text-align: center; white-space: nowrap;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;$&lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 1.38pt;"&gt;25,571&lt;/span&gt;&lt;/div&gt; &lt;/div&gt; &lt;/td&gt;
&lt;td style="background-color: #ffffff; padding-bottom: 4pt; padding-top: 4pt; vertical-align: Bottom; width: 109.57pt;"&gt; &lt;div style="line-height: 10pt; text-align: left;"&gt; &lt;div style="margin-left: 46.16pt; margin-right: 46.16pt; text-align: center; white-space: nowrap;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;&lt;span class="sec-hidden" style="-sec-ix-hidden: h_26_6ef3704f_4664_387e_651f_90284bc134d0;" title="Manually tagged"&gt;N/A&lt;/span&gt;&lt;/span&gt;&lt;/div&gt; &lt;/div&gt; &lt;/td&gt;
&lt;td style="background-color: #ffffff; padding-bottom: 4pt; padding-top: 4pt; vertical-align: Bottom; width: 71.53pt;"&gt; &lt;div style="line-height: 10pt; text-align: left;"&gt; &lt;div style="margin-left: 1pt; text-align: center; white-space: nowrap;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;&lt;span class="sec-hidden" style="-sec-ix-hidden: h_26_f0617c94_bdb3_912e_0413_967539a3d814;" title="Manually tagged"&gt;N/A&lt;/span&gt;&lt;/span&gt;&lt;/div&gt; &lt;/div&gt; &lt;/td&gt; &lt;/tr&gt;
&lt;tr style="height: 13pt;"&gt;
&lt;td style="background-color: azure; padding-bottom: 4pt; padding-top: 4pt; vertical-align: Bottom; width: 141.72pt;"&gt; &lt;div style="line-height: 10pt; text-align: left;"&gt; &lt;div style="margin-right: 3pt; text-align: left; white-space: nowrap;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;"&gt;May 31, 2016&lt;/span&gt;&lt;/div&gt; &lt;/div&gt; &lt;/td&gt;
&lt;td style="background-color: azure; padding-bottom: 4pt; padding-top: 4pt; vertical-align: Bottom; width: 97pt;"&gt; &lt;div style="line-height: 10pt; text-align: left;"&gt; &lt;div style="margin-left: 20.955pt; margin-right: 20.955pt; text-align: center; white-space: nowrap;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.00pt;"&gt;$&lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 10.02pt;"&gt;9,354,955&lt;/span&gt;&lt;/div&gt; &lt;/div&gt; &lt;/td&gt;
&lt;td style="background-color: azure; padding-bottom: 4pt; padding-top: 4pt; vertical-align: Bottom; width: 96.18pt;"&gt; &lt;div style="line-height: 10pt; text-align: left;"&gt; &lt;div style="margin-left: 31.12pt; margin-right: 31.12pt; text-align: center; white-space: nowrap;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.00pt;"&gt;$&lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 1.38pt;"&gt;34,164&lt;/span&gt;&lt;/div&gt; &lt;/div&gt; &lt;/td&gt;
&lt;td style="background-color: azure; padding-bottom: 4pt; padding-top: 4pt; vertical-align: Bottom; width: 109.57pt;"&gt; &lt;div style="line-height: 10pt; text-align: left;"&gt; &lt;div style="margin-left: 46.16pt; margin-right: 46.16pt; text-align: center; white-space: nowrap;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.00pt;"&gt;&lt;span class="sec-hidden" style="-sec-ix-hidden: h_26_6fd2340d_ffd5_c504_991b_6b28dd0cc7a9;" title="Manually tagged"&gt;N/A&lt;/span&gt;&lt;/span&gt;&lt;/div&gt; &lt;/div&gt; &lt;/td&gt;
&lt;td style="background-color: azure; padding-bottom: 4pt; padding-top: 4pt; vertical-align: Bottom; width: 71.53pt;"&gt; &lt;div style="line-height: 10pt; text-align: left;"&gt; &lt;div style="margin-left: 1pt; text-align: center; white-space: nowrap;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.00pt;"&gt;&lt;span class="sec-hidden" style="-sec-ix-hidden: h_26_4d056319_485f_e85e_cd64_c52089771e28;" title="Manually tagged"&gt;N/A&lt;/span&gt;&lt;/span&gt;&lt;/div&gt; &lt;/div&gt; &lt;/td&gt; &lt;/tr&gt;
&lt;tr style="height: 13pt;"&gt;
&lt;td style="background-color: #ffffff; padding-bottom: 4pt; padding-top: 4pt; vertical-align: Bottom; width: 141.72pt;"&gt; &lt;div style="line-height: 10pt; text-align: left;"&gt; &lt;div style="margin-right: 3pt; text-align: left; white-space: nowrap;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;"&gt;May 31, 2015&lt;/span&gt;&lt;/div&gt; &lt;/div&gt; &lt;/td&gt;
&lt;td style="background-color: #ffffff; padding-bottom: 4pt; padding-top: 4pt; vertical-align: Bottom; width: 97pt;"&gt; &lt;div style="line-height: 10pt; text-align: left;"&gt; &lt;div style="margin-left: 20.955pt; margin-right: 20.955pt; text-align: center; white-space: nowrap;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;$&lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 5.01pt;"&gt;45,488,955&lt;/span&gt;&lt;/div&gt; &lt;/div&gt; &lt;/td&gt;
&lt;td style="background-color: #ffffff; padding-bottom: 4pt; padding-top: 4pt; vertical-align: Bottom; width: 96.18pt;"&gt; &lt;div style="line-height: 10pt; text-align: left;"&gt; &lt;div style="margin-left: 31.12pt; margin-right: 31.12pt; text-align: center; white-space: nowrap;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;$&lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 6.39pt;"&gt;8,540&lt;/span&gt;&lt;/div&gt; &lt;/div&gt; &lt;/td&gt;
&lt;td style="background-color: #ffffff; padding-bottom: 4pt; padding-top: 4pt; vertical-align: Bottom; width: 109.57pt;"&gt; &lt;div style="line-height: 10pt; text-align: left;"&gt; &lt;div style="margin-left: 46.16pt; margin-right: 46.16pt; text-align: center; white-space: nowrap;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;&lt;span class="sec-hidden" style="-sec-ix-hidden: h_26_ef2acbf1_0d02_1d7e_8d73_a2f818167fc7;" title="Manually tagged"&gt;N/A&lt;/span&gt;&lt;/span&gt;&lt;/div&gt; &lt;/div&gt; &lt;/td&gt;
&lt;td style="background-color: #ffffff; padding-bottom: 4pt; padding-top: 4pt; vertical-align: Bottom; width: 71.53pt;"&gt; &lt;div style="line-height: 10pt; text-align: left;"&gt; &lt;div style="margin-left: 1pt; text-align: center; white-space: nowrap;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;&lt;span class="sec-hidden" style="-sec-ix-hidden: h_26_3a966a27_c29b_6d2c_9591_573244e6f123;" title="Manually tagged"&gt;N/A&lt;/span&gt;&lt;/span&gt;&lt;/div&gt; &lt;/div&gt; &lt;/td&gt; &lt;/tr&gt;
&lt;tr style="height: 13pt;"&gt;
&lt;td style="background-color: azure; padding-bottom: 4pt; padding-top: 4pt; vertical-align: Bottom; width: 141.72pt;"&gt; &lt;div style="line-height: 10pt; text-align: left;"&gt; &lt;div style="margin-right: 3pt; text-align: left; white-space: nowrap;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;"&gt;May 31, 2014&lt;/span&gt;&lt;/div&gt; &lt;/div&gt; &lt;/td&gt;
&lt;td style="background-color: azure; padding-bottom: 4pt; padding-top: 4pt; vertical-align: Bottom; width: 97pt;"&gt; &lt;div style="line-height: 10pt; text-align: left;"&gt; &lt;div style="margin-left: 20.955pt; margin-right: 20.955pt; text-align: center; white-space: nowrap;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.00pt;"&gt;$&lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 5.01pt;"&gt;60,788,955&lt;/span&gt;&lt;/div&gt; &lt;/div&gt; &lt;/td&gt;
&lt;td style="background-color: azure; padding-bottom: 4pt; padding-top: 4pt; vertical-align: Bottom; width: 96.18pt;"&gt; &lt;div style="line-height: 10pt; text-align: left;"&gt; &lt;div style="margin-left: 31.12pt; margin-right: 31.12pt; text-align: center; white-space: nowrap;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.00pt;"&gt;$&lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 6.39pt;"&gt;6,231&lt;/span&gt;&lt;/div&gt; &lt;/div&gt; &lt;/td&gt;
&lt;td style="background-color: azure; padding-bottom: 4pt; padding-top: 4pt; vertical-align: Bottom; width: 109.57pt;"&gt; &lt;div style="line-height: 10pt; text-align: left;"&gt; &lt;div style="margin-left: 46.16pt; margin-right: 46.16pt; text-align: center; white-space: nowrap;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.00pt;"&gt;&lt;span class="sec-hidden" style="-sec-ix-hidden: h_26_f1187497_3c06_6048_7f1d_bb2bc6264056;" title="Manually tagged"&gt;N/A&lt;/span&gt;&lt;/span&gt;&lt;/div&gt; &lt;/div&gt; &lt;/td&gt;
&lt;td style="background-color: azure; padding-bottom: 4pt; padding-top: 4pt; vertical-align: Bottom; width: 71.53pt;"&gt; &lt;div style="line-height: 10pt; text-align: left;"&gt; &lt;div style="margin-left: 1pt; text-align: center; white-space: nowrap;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.00pt;"&gt;&lt;span class="sec-hidden" style="-sec-ix-hidden: h_26_40be2675_1d49_e67d_3f01_584643ffaab0;" title="Manually tagged"&gt;N/A&lt;/span&gt;&lt;/span&gt;&lt;/div&gt; &lt;/div&gt; &lt;/td&gt; &lt;/tr&gt;
&lt;tr style="height: 13pt;"&gt;
&lt;td style="background-color: #ffffff; padding-bottom: 4pt; padding-top: 4pt; vertical-align: Bottom; width: 141.72pt;"&gt; &lt;div style="line-height: 10pt; text-align: left;"&gt; &lt;div style="margin-right: 3pt; text-align: left; white-space: nowrap;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;"&gt;May 31, 2013&lt;/span&gt;&lt;/div&gt; &lt;/div&gt; &lt;/td&gt;
&lt;td style="background-color: #ffffff; padding-bottom: 4pt; padding-top: 4pt; vertical-align: Bottom; width: 97pt;"&gt; &lt;div style="line-height: 10pt; text-align: left;"&gt; &lt;div style="margin-left: 20.955pt; margin-right: 20.955pt; text-align: center; white-space: nowrap;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;$&lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 5.01pt;"&gt;56,098,955&lt;/span&gt;&lt;/div&gt; &lt;/div&gt; &lt;/td&gt;
&lt;td style="background-color: #ffffff; padding-bottom: 4pt; padding-top: 4pt; vertical-align: Bottom; width: 96.18pt;"&gt; &lt;div style="line-height: 10pt; text-align: left;"&gt; &lt;div style="margin-left: 31.12pt; margin-right: 31.12pt; text-align: center; white-space: nowrap;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;$&lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 6.39pt;"&gt;6,107&lt;/span&gt;&lt;/div&gt; &lt;/div&gt; &lt;/td&gt;
&lt;td style="background-color: #ffffff; padding-bottom: 4pt; padding-top: 4pt; vertical-align: Bottom; width: 109.57pt;"&gt; &lt;div style="line-height: 10pt; text-align: left;"&gt; &lt;div style="margin-left: 46.16pt; margin-right: 46.16pt; text-align: center; white-space: nowrap;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;&lt;span class="sec-hidden" style="-sec-ix-hidden: h_26_7f9eddb5_bb43_9713_5bc1_26a9cd29937e;" title="Manually tagged"&gt;N/A&lt;/span&gt;&lt;/span&gt;&lt;/div&gt; &lt;/div&gt; &lt;/td&gt;
&lt;td style="background-color: #ffffff; padding-bottom: 4pt; padding-top: 4pt; vertical-align: Bottom; width: 71.53pt;"&gt; &lt;div style="line-height: 10pt; text-align: left;"&gt; &lt;div style="margin-left: 1pt; text-align: center; white-space: nowrap;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;&lt;span class="sec-hidden" style="-sec-ix-hidden: h_26_a61b6b33_9ede_d800_614c_b0a8cdb0d5b4;" title="Manually tagged"&gt;N/A&lt;/span&gt;&lt;/span&gt;&lt;/div&gt; &lt;/div&gt; &lt;/td&gt; &lt;/tr&gt;
&lt;tr style="height: 13pt;"&gt;
&lt;td style="background-color: azure; padding-bottom: 4pt; padding-top: 4pt; vertical-align: Bottom; width: 141.72pt;"&gt; &lt;div style="line-height: 10pt; text-align: left;"&gt; &lt;div style="margin-right: 3pt; text-align: left; white-space: nowrap;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;"&gt;May 31, 2012&lt;/span&gt;&lt;/div&gt; &lt;/div&gt; &lt;/td&gt;
&lt;td style="background-color: azure; padding-bottom: 4pt; padding-top: 4pt; vertical-align: Bottom; width: 97pt;"&gt; &lt;div style="line-height: 10pt; text-align: left;"&gt; &lt;div style="margin-left: 20.955pt; margin-right: 20.955pt; text-align: center; white-space: nowrap;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.00pt;"&gt;$&lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 5.01pt;"&gt;30,598,955&lt;/span&gt;&lt;/div&gt; &lt;/div&gt; &lt;/td&gt;
&lt;td style="background-color: azure; padding-bottom: 4pt; padding-top: 4pt; vertical-align: Bottom; width: 96.18pt;"&gt; &lt;div style="line-height: 10pt; text-align: left;"&gt; &lt;div style="margin-left: 31.12pt; margin-right: 31.12pt; text-align: center; white-space: nowrap;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.00pt;"&gt;$&lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 6.39pt;"&gt;7,776&lt;/span&gt;&lt;/div&gt; &lt;/div&gt; &lt;/td&gt;
&lt;td style="background-color: azure; padding-bottom: 4pt; padding-top: 4pt; vertical-align: Bottom; width: 109.57pt;"&gt; &lt;div style="line-height: 10pt; text-align: left;"&gt; &lt;div style="margin-left: 46.16pt; margin-right: 46.16pt; text-align: center; white-space: nowrap;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.00pt;"&gt;&lt;span class="sec-hidden" style="-sec-ix-hidden: h_26_948ed65d_c95d_edb6_9880_5778caaef224;" title="Manually tagged"&gt;N/A&lt;/span&gt;&lt;/span&gt;&lt;/div&gt; &lt;/div&gt; &lt;/td&gt;
&lt;td style="background-color: azure; padding-bottom: 4pt; padding-top: 4pt; vertical-align: Bottom; width: 71.53pt;"&gt; &lt;div style="line-height: 10pt; text-align: left;"&gt; &lt;div style="margin-left: 1pt; text-align: center; white-space: nowrap;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.00pt;"&gt;&lt;span class="sec-hidden" style="-sec-ix-hidden: h_26_3670f224_261d_c668_c088_2a3bc7945f37;" title="Manually tagged"&gt;N/A&lt;/span&gt;&lt;/span&gt;&lt;/div&gt; &lt;/div&gt; &lt;/td&gt; &lt;/tr&gt;
&lt;tr style="height: 13pt;"&gt;
&lt;td colspan="5" style="background-color: #ffffff; padding-bottom: 4pt; padding-top: 4pt; vertical-align: Bottom; width: 516.00pt;"&gt; &lt;div style="line-height: 10pt; text-align: left;"&gt; &lt;div style="margin-right: -2pt; text-align: left; white-space: nowrap;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-weight: bold; margin-left: 0.0pt;"&gt;Reverse Repurchase Agreements(1)&lt;/span&gt;&lt;/div&gt; &lt;/div&gt; &lt;/td&gt; &lt;/tr&gt;
&lt;tr style="height: 13pt;"&gt;
&lt;td style="background-color: azure; padding-bottom: 4pt; padding-top: 4pt; vertical-align: Bottom; width: 141.72pt;"&gt; &lt;div style="line-height: 10pt; text-align: left;"&gt; &lt;div style="margin-right: 3pt; text-align: left; white-space: nowrap;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;"&gt;May 31, 2021&lt;/span&gt;&lt;/div&gt; &lt;/div&gt; &lt;/td&gt;
&lt;td style="background-color: azure; padding-bottom: 4pt; padding-top: 4pt; vertical-align: Bottom; width: 97pt;"&gt; &lt;div style="line-height: 10pt; text-align: left;"&gt; &lt;div style="margin-left: 20.955pt; margin-right: 20.955pt; text-align: center; white-space: nowrap;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.00pt;"&gt;$&lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;335,327,511&lt;/span&gt;&lt;/div&gt; &lt;/div&gt; &lt;/td&gt;
&lt;td style="background-color: azure; padding-bottom: 4pt; padding-top: 4pt; vertical-align: Bottom; width: 96.18pt;"&gt; &lt;div style="line-height: 10pt; text-align: left;"&gt; &lt;div style="margin-left: 31.12pt; margin-right: 31.12pt; text-align: center; white-space: nowrap;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 5.01pt; margin-right: -2.5pt;"&gt;&lt;span class="sec-hidden" style="-sec-ix-hidden: h_26_7da213e3_40b1_12a6_5f73_bbaaaedafc93;" title="Manually tagged"&gt;N/A&lt;/span&gt;(1)&lt;/span&gt;&lt;/div&gt; &lt;/div&gt; &lt;/td&gt;
&lt;td style="background-color: azure; padding-bottom: 4pt; padding-top: 4pt; vertical-align: Bottom; width: 109.57pt;"&gt; &lt;div style="line-height: 10pt; text-align: left;"&gt; &lt;div style="margin-left: 46.16pt; margin-right: 46.16pt; text-align: center; white-space: nowrap;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.00pt;"&gt;&lt;span class="sec-hidden" style="-sec-ix-hidden: h_26_0eee9865_bcc2_69a7_64d0_9f03835625ef;" title="Manually tagged"&gt;N/A&lt;/span&gt;&lt;/span&gt;&lt;/div&gt; &lt;/div&gt; &lt;/td&gt;
&lt;td style="background-color: azure; padding-bottom: 4pt; padding-top: 4pt; vertical-align: Bottom; width: 71.53pt;"&gt; &lt;div style="line-height: 10pt; text-align: left;"&gt; &lt;div style="margin-left: 1pt; text-align: center; white-space: nowrap;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.00pt;"&gt;&lt;span class="sec-hidden" style="-sec-ix-hidden: h_26_b6dfced1_d198_de24_e2be_3497eb912849;" title="Manually tagged"&gt;N/A&lt;/span&gt;&lt;/span&gt;&lt;/div&gt; &lt;/div&gt; &lt;/td&gt; &lt;/tr&gt;
&lt;tr style="height: 13pt;"&gt;
&lt;td style="background-color: #ffffff; padding-bottom: 4pt; padding-top: 4pt; vertical-align: Bottom; width: 141.72pt;"&gt; &lt;div style="line-height: 10pt; text-align: left;"&gt; &lt;div style="margin-right: 3pt; text-align: left; white-space: nowrap;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;"&gt;May 31, 2020&lt;/span&gt;&lt;/div&gt; &lt;/div&gt; &lt;/td&gt;
&lt;td style="background-color: #ffffff; padding-bottom: 4pt; padding-top: 4pt; vertical-align: Bottom; width: 97pt;"&gt; &lt;div style="line-height: 10pt; text-align: left;"&gt; &lt;div style="margin-left: 20.955pt; margin-right: 20.955pt; text-align: center; white-space: nowrap;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;$&lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 5.01pt;"&gt;42,445,822&lt;/span&gt;&lt;/div&gt; &lt;/div&gt; &lt;/td&gt;
&lt;td style="background-color: #ffffff; padding-bottom: 4pt; padding-top: 4pt; vertical-align: Bottom; width: 96.18pt;"&gt; &lt;div style="line-height: 10pt; text-align: left;"&gt; &lt;div style="margin-left: 31.12pt; margin-right: 31.12pt; text-align: center; white-space: nowrap;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 5.01pt; margin-right: -2.5pt;"&gt;&lt;span class="sec-hidden" style="-sec-ix-hidden: h_26_03015968_3104_f2e1_2361_a4e34989212e;" title="Manually tagged"&gt;N/A&lt;/span&gt;(1)&lt;/span&gt;&lt;/div&gt; &lt;/div&gt; &lt;/td&gt;
&lt;td style="background-color: #ffffff; padding-bottom: 4pt; padding-top: 4pt; vertical-align: Bottom; width: 109.57pt;"&gt; &lt;div style="line-height: 10pt; text-align: left;"&gt; &lt;div style="margin-left: 46.16pt; margin-right: 46.16pt; text-align: center; white-space: nowrap;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;&lt;span class="sec-hidden" style="-sec-ix-hidden: h_26_c2c29e18_1f40_84aa_a3f0_4343be7d682b;" title="Manually tagged"&gt;N/A&lt;/span&gt;&lt;/span&gt;&lt;/div&gt; &lt;/div&gt; &lt;/td&gt;
&lt;td style="background-color: #ffffff; padding-bottom: 4pt; padding-top: 4pt; vertical-align: Bottom; width: 71.53pt;"&gt; &lt;div style="line-height: 10pt; text-align: left;"&gt; &lt;div style="margin-left: 1pt; text-align: center; white-space: nowrap;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;&lt;span class="sec-hidden" style="-sec-ix-hidden: h_26_e825aaa2_5fbf_ffb3_d07c_5d85de02f8bf;" title="Manually tagged"&gt;N/A&lt;/span&gt;&lt;/span&gt;&lt;/div&gt; &lt;/div&gt; &lt;/td&gt; &lt;/tr&gt;
&lt;tr style="height: 13pt;"&gt;
&lt;td style="background-color: azure; padding-bottom: 4pt; padding-top: 4pt; vertical-align: Bottom; width: 141.72pt;"&gt; &lt;div style="line-height: 10pt; text-align: left;"&gt; &lt;div style="margin-right: 3pt; text-align: left; white-space: nowrap;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;"&gt;May 31, 2019&lt;/span&gt;&lt;/div&gt; &lt;/div&gt; &lt;/td&gt;
&lt;td style="background-color: azure; padding-bottom: 4pt; padding-top: 4pt; vertical-align: Bottom; width: 97pt;"&gt; &lt;div style="line-height: 10pt; text-align: left;"&gt; &lt;div style="margin-left: 20.955pt; margin-right: 20.955pt; text-align: center; white-space: nowrap;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.00pt;"&gt;$&lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 40.06pt;"&gt;&lt;span class="sec-hidden" style="-sec-ix-hidden: h_26_b9561568_9675_0134_b5b5_9f08eda50426;" title="Manually tagged"&gt;&#x2014;&lt;/span&gt;&lt;/span&gt;&lt;/div&gt; &lt;/div&gt; &lt;/td&gt;
&lt;td style="background-color: azure; padding-bottom: 4pt; padding-top: 4pt; vertical-align: Bottom; width: 96.18pt;"&gt; &lt;div style="line-height: 10pt; text-align: left;"&gt; &lt;div style="margin-left: 31.12pt; margin-right: 31.12pt; text-align: center; white-space: nowrap;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 5.01pt; margin-right: -2.5pt;"&gt;&lt;span class="sec-hidden" style="-sec-ix-hidden: h_26_ae598643_d275_d152_abac_88944025ccb6;" title="Manually tagged"&gt;N/A&lt;/span&gt;(1)&lt;/span&gt;&lt;/div&gt; &lt;/div&gt; &lt;/td&gt;
&lt;td style="background-color: azure; padding-bottom: 4pt; padding-top: 4pt; vertical-align: Bottom; width: 109.57pt;"&gt; &lt;div style="line-height: 10pt; text-align: left;"&gt; &lt;div style="margin-left: 46.16pt; margin-right: 46.16pt; text-align: center; white-space: nowrap;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.00pt;"&gt;&lt;span class="sec-hidden" style="-sec-ix-hidden: h_26_d4e7450e_7e63_7b8c_f154_a0f355f315a2;" title="Manually tagged"&gt;N/A&lt;/span&gt;&lt;/span&gt;&lt;/div&gt; &lt;/div&gt; &lt;/td&gt;
&lt;td style="background-color: azure; padding-bottom: 4pt; padding-top: 4pt; vertical-align: Bottom; width: 71.53pt;"&gt; &lt;div style="line-height: 10pt; text-align: left;"&gt; &lt;div style="margin-left: 1pt; text-align: center; white-space: nowrap;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.00pt;"&gt;&lt;span class="sec-hidden" style="-sec-ix-hidden: h_26_6b996a4b_9fcd_c410_d016_dbeee44f1c1b;" title="Manually tagged"&gt;N/A&lt;/span&gt;&lt;/span&gt;&lt;/div&gt; &lt;/div&gt; &lt;/td&gt; &lt;/tr&gt;
&lt;tr style="height: 13pt;"&gt;
&lt;td style="background-color: #ffffff; padding-bottom: 4pt; padding-top: 4pt; vertical-align: Bottom; width: 141.72pt;"&gt; &lt;div style="line-height: 10pt; text-align: left;"&gt; &lt;div style="margin-right: 3pt; text-align: left; white-space: nowrap;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;"&gt;May 31, 2018&lt;/span&gt;&lt;/div&gt; &lt;/div&gt; &lt;/td&gt;
&lt;td style="background-color: #ffffff; padding-bottom: 4pt; padding-top: 4pt; vertical-align: Bottom; width: 97pt;"&gt; &lt;div style="line-height: 10pt; text-align: left;"&gt; &lt;div style="margin-left: 20.955pt; margin-right: 20.955pt; text-align: center; white-space: nowrap;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;$&lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 10.02pt;"&gt;1,610,022&lt;/span&gt;&lt;/div&gt; &lt;/div&gt; &lt;/td&gt;
&lt;td style="background-color: #ffffff; padding-bottom: 4pt; padding-top: 4pt; vertical-align: Bottom; width: 96.18pt;"&gt; &lt;div style="line-height: 10pt; text-align: left;"&gt; &lt;div style="margin-left: 31.12pt; margin-right: 31.12pt; text-align: center; white-space: nowrap;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 5.01pt; margin-right: -2.5pt;"&gt;&lt;span class="sec-hidden" style="-sec-ix-hidden: h_26_80da2bcf_deec_1071_693f_59603d1592eb;" title="Manually tagged"&gt;N/A&lt;/span&gt;(1)&lt;/span&gt;&lt;/div&gt; &lt;/div&gt; &lt;/td&gt;
&lt;td style="background-color: #ffffff; padding-bottom: 4pt; padding-top: 4pt; vertical-align: Bottom; width: 109.57pt;"&gt; &lt;div style="line-height: 10pt; text-align: left;"&gt; &lt;div style="margin-left: 46.16pt; margin-right: 46.16pt; text-align: center; white-space: nowrap;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;&lt;span class="sec-hidden" style="-sec-ix-hidden: h_26_513283b0_1ef8_422a_1df2_767bcef6c618;" title="Manually tagged"&gt;N/A&lt;/span&gt;&lt;/span&gt;&lt;/div&gt; &lt;/div&gt; &lt;/td&gt;
&lt;td style="background-color: #ffffff; padding-bottom: 4pt; padding-top: 4pt; vertical-align: Bottom; width: 71.53pt;"&gt; &lt;div style="line-height: 10pt; text-align: left;"&gt; &lt;div style="margin-left: 1pt; text-align: center; white-space: nowrap;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;&lt;span class="sec-hidden" style="-sec-ix-hidden: h_26_193826c4_0c4c_4d1a_fdaa_bc791d823505;" title="Manually tagged"&gt;N/A&lt;/span&gt;&lt;/span&gt;&lt;/div&gt; &lt;/div&gt; &lt;/td&gt; &lt;/tr&gt;
&lt;tr style="height: 13pt;"&gt;
&lt;td style="background-color: azure; padding-bottom: 4pt; padding-top: 4pt; vertical-align: Bottom; width: 141.72pt;"&gt; &lt;div style="line-height: 10pt; text-align: left;"&gt; &lt;div style="margin-right: 3pt; text-align: left; white-space: nowrap;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;"&gt;May 31, 2017&lt;/span&gt;&lt;/div&gt; &lt;/div&gt; &lt;/td&gt;
&lt;td style="background-color: azure; padding-bottom: 4pt; padding-top: 4pt; vertical-align: Bottom; width: 97pt;"&gt; &lt;div style="line-height: 10pt; text-align: left;"&gt; &lt;div style="margin-left: 20.955pt; margin-right: 20.955pt; text-align: center; white-space: nowrap;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.00pt;"&gt;$&lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 5.01pt;"&gt;91,424,819&lt;/span&gt;&lt;/div&gt; &lt;/div&gt; &lt;/td&gt;
&lt;td style="background-color: azure; padding-bottom: 4pt; padding-top: 4pt; vertical-align: Bottom; width: 96.18pt;"&gt; &lt;div style="line-height: 10pt; text-align: left;"&gt; &lt;div style="margin-left: 31.12pt; margin-right: 31.12pt; text-align: center; white-space: nowrap;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 5.01pt; margin-right: -2.5pt;"&gt;&lt;span class="sec-hidden" style="-sec-ix-hidden: h_26_db5997f0_6004_d6fe_505c_6aeab77b9f12;" title="Manually tagged"&gt;N/A&lt;/span&gt;(1)&lt;/span&gt;&lt;/div&gt; &lt;/div&gt; &lt;/td&gt;
&lt;td style="background-color: azure; padding-bottom: 4pt; padding-top: 4pt; vertical-align: Bottom; width: 109.57pt;"&gt; &lt;div style="line-height: 10pt; text-align: left;"&gt; &lt;div style="margin-left: 46.16pt; margin-right: 46.16pt; text-align: center; white-space: nowrap;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.00pt;"&gt;&lt;span class="sec-hidden" style="-sec-ix-hidden: h_26_5700df6a_4292_fd88_ea45_fc89e3074c19;" title="Manually tagged"&gt;N/A&lt;/span&gt;&lt;/span&gt;&lt;/div&gt; &lt;/div&gt; &lt;/td&gt;
&lt;td style="background-color: azure; padding-bottom: 4pt; padding-top: 4pt; vertical-align: Bottom; width: 71.53pt;"&gt; &lt;div style="line-height: 10pt; text-align: left;"&gt; &lt;div style="margin-left: 1pt; text-align: center; white-space: nowrap;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.00pt;"&gt;&lt;span class="sec-hidden" style="-sec-ix-hidden: h_26_787073c6_c1f5_75db_99d5_a28e5741717b;" title="Manually tagged"&gt;N/A&lt;/span&gt;&lt;/span&gt;&lt;/div&gt; &lt;/div&gt; &lt;/td&gt; &lt;/tr&gt;
&lt;tr style="height: 13pt;"&gt;
&lt;td style="background-color: #ffffff; padding-bottom: 4pt; padding-top: 4pt; vertical-align: Bottom; width: 141.72pt;"&gt; &lt;div style="line-height: 10pt; text-align: left;"&gt; &lt;div style="margin-right: 3pt; text-align: left; white-space: nowrap;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;"&gt;May 31, 2016&lt;/span&gt;&lt;/div&gt; &lt;/div&gt; &lt;/td&gt;
&lt;td style="background-color: #ffffff; padding-bottom: 4pt; padding-top: 4pt; vertical-align: Bottom; width: 97pt;"&gt; &lt;div style="line-height: 10pt; text-align: left;"&gt; &lt;div style="margin-left: 20.955pt; margin-right: 20.955pt; text-align: center; white-space: nowrap;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;$&lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;130,570,046&lt;/span&gt;&lt;/div&gt; &lt;/div&gt; &lt;/td&gt;
&lt;td style="background-color: #ffffff; padding-bottom: 4pt; padding-top: 4pt; vertical-align: Bottom; width: 96.18pt;"&gt; &lt;div style="line-height: 10pt; text-align: left;"&gt; &lt;div style="margin-left: 31.12pt; margin-right: 31.12pt; text-align: center; white-space: nowrap;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 5.01pt; margin-right: -2.5pt;"&gt;&lt;span class="sec-hidden" style="-sec-ix-hidden: h_26_e64e4a8d_f393_5939_5534_0e8d50f5374b;" title="Manually tagged"&gt;N/A&lt;/span&gt;(1)&lt;/span&gt;&lt;/div&gt; &lt;/div&gt; &lt;/td&gt;
&lt;td style="background-color: #ffffff; padding-bottom: 4pt; padding-top: 4pt; vertical-align: Bottom; width: 109.57pt;"&gt; &lt;div style="line-height: 10pt; text-align: left;"&gt; &lt;div style="margin-left: 46.16pt; margin-right: 46.16pt; text-align: center; white-space: nowrap;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;&lt;span class="sec-hidden" style="-sec-ix-hidden: h_26_7745a167_f95b_5be6_d4f0_d347f546879c;" title="Manually tagged"&gt;N/A&lt;/span&gt;&lt;/span&gt;&lt;/div&gt; &lt;/div&gt; &lt;/td&gt;
&lt;td style="background-color: #ffffff; padding-bottom: 4pt; padding-top: 4pt; vertical-align: Bottom; width: 71.53pt;"&gt; &lt;div style="line-height: 10pt; text-align: left;"&gt; &lt;div style="margin-left: 1pt; text-align: center; white-space: nowrap;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;&lt;span class="sec-hidden" style="-sec-ix-hidden: h_26_c7315498_15ac_f408_3b41_478decb3bca9;" title="Manually tagged"&gt;N/A&lt;/span&gt;&lt;/span&gt;&lt;/div&gt; &lt;/div&gt; &lt;/td&gt; &lt;/tr&gt;
&lt;tr style="height: 13pt;"&gt;
&lt;td style="background-color: azure; padding-bottom: 4pt; padding-top: 4pt; vertical-align: Bottom; width: 141.72pt;"&gt; &lt;div style="line-height: 10pt; text-align: left;"&gt; &lt;div style="margin-right: 3pt; text-align: left; white-space: nowrap;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;"&gt;May 31, 2015&lt;/span&gt;&lt;/div&gt; &lt;/div&gt; &lt;/td&gt;
&lt;td style="background-color: azure; padding-bottom: 4pt; padding-top: 4pt; vertical-align: Bottom; width: 97pt;"&gt; &lt;div style="line-height: 10pt; text-align: left;"&gt; &lt;div style="margin-left: 20.955pt; margin-right: 20.955pt; text-align: center; white-space: nowrap;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.00pt;"&gt;$&lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;114,758,163&lt;/span&gt;&lt;/div&gt; &lt;/div&gt; &lt;/td&gt;
&lt;td style="background-color: azure; padding-bottom: 4pt; padding-top: 4pt; vertical-align: Bottom; width: 96.18pt;"&gt; &lt;div style="line-height: 10pt; text-align: left;"&gt; &lt;div style="margin-left: 31.12pt; margin-right: 31.12pt; text-align: center; white-space: nowrap;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 5.01pt; margin-right: -2.5pt;"&gt;&lt;span class="sec-hidden" style="-sec-ix-hidden: h_26_c5c473f6_6275_acd7_e255_48ee07da69fc;" title="Manually tagged"&gt;N/A&lt;/span&gt;(1)&lt;/span&gt;&lt;/div&gt; &lt;/div&gt; &lt;/td&gt;
&lt;td style="background-color: azure; padding-bottom: 4pt; padding-top: 4pt; vertical-align: Bottom; width: 109.57pt;"&gt; &lt;div style="line-height: 10pt; text-align: left;"&gt; &lt;div style="margin-left: 46.16pt; margin-right: 46.16pt; text-align: center; white-space: nowrap;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.00pt;"&gt;&lt;span class="sec-hidden" style="-sec-ix-hidden: h_26_3f712cc2_7795_ca09_ea3f_3a4f3efe1536;" title="Manually tagged"&gt;N/A&lt;/span&gt;&lt;/span&gt;&lt;/div&gt; &lt;/div&gt; &lt;/td&gt;
&lt;td style="background-color: azure; padding-bottom: 4pt; padding-top: 4pt; vertical-align: Bottom; width: 71.53pt;"&gt; &lt;div style="line-height: 10pt; text-align: left;"&gt; &lt;div style="margin-left: 1pt; text-align: center; white-space: nowrap;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.00pt;"&gt;&lt;span class="sec-hidden" style="-sec-ix-hidden: h_26_fec4b63a_7b40_d13e_9b8d_c4c1112814d0;" title="Manually tagged"&gt;N/A&lt;/span&gt;&lt;/span&gt;&lt;/div&gt; &lt;/div&gt; &lt;/td&gt; &lt;/tr&gt;
&lt;tr style="height: 13pt;"&gt;
&lt;td style="background-color: #ffffff; padding-bottom: 4pt; padding-top: 4pt; vertical-align: Bottom; width: 141.72pt;"&gt; &lt;div style="line-height: 10pt; text-align: left;"&gt; &lt;div style="margin-right: 3pt; text-align: left; white-space: nowrap;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;"&gt;May 31, 2014&lt;/span&gt;&lt;/div&gt; &lt;/div&gt; &lt;/td&gt;
&lt;td style="background-color: #ffffff; padding-bottom: 4pt; padding-top: 4pt; vertical-align: Bottom; width: 97pt;"&gt; &lt;div style="line-height: 10pt; text-align: left;"&gt; &lt;div style="margin-left: 20.955pt; margin-right: 20.955pt; text-align: center; white-space: nowrap;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;$&lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 5.01pt;"&gt;75,641,024&lt;/span&gt;&lt;/div&gt; &lt;/div&gt; &lt;/td&gt;
&lt;td style="background-color: #ffffff; padding-bottom: 4pt; padding-top: 4pt; vertical-align: Bottom; width: 96.18pt;"&gt; &lt;div style="line-height: 10pt; text-align: left;"&gt; &lt;div style="margin-left: 31.12pt; margin-right: 31.12pt; text-align: center; white-space: nowrap;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 5.01pt; margin-right: -2.5pt;"&gt;&lt;span class="sec-hidden" style="-sec-ix-hidden: h_26_aec0c12f_d2fc_17ed_7098_0ac739bcebae;" title="Manually tagged"&gt;N/A&lt;/span&gt;(1)&lt;/span&gt;&lt;/div&gt; &lt;/div&gt; &lt;/td&gt;
&lt;td style="background-color: #ffffff; padding-bottom: 4pt; padding-top: 4pt; vertical-align: Bottom; width: 109.57pt;"&gt; &lt;div style="line-height: 10pt; text-align: left;"&gt; &lt;div style="margin-left: 46.16pt; margin-right: 46.16pt; text-align: center; white-space: nowrap;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;&lt;span class="sec-hidden" style="-sec-ix-hidden: h_26_700f5caf_cd67_8576_c097_42297f811d06;" title="Manually tagged"&gt;N/A&lt;/span&gt;&lt;/span&gt;&lt;/div&gt; &lt;/div&gt; &lt;/td&gt;
&lt;td style="background-color: #ffffff; padding-bottom: 4pt; padding-top: 4pt; vertical-align: Bottom; width: 71.53pt;"&gt; &lt;div style="line-height: 10pt; text-align: left;"&gt; &lt;div style="margin-left: 1pt; text-align: center; white-space: nowrap;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;&lt;span class="sec-hidden" style="-sec-ix-hidden: h_26_a4cab739_9b5f_4ffb_3146_1920a49c51ff;" title="Manually tagged"&gt;N/A&lt;/span&gt;&lt;/span&gt;&lt;/div&gt; &lt;/div&gt; &lt;/td&gt; &lt;/tr&gt;
&lt;tr style="height: 13pt;"&gt;
&lt;td style="background-color: azure; padding-bottom: 4pt; padding-top: 4pt; vertical-align: Bottom; width: 141.72pt;"&gt; &lt;div style="line-height: 10pt; text-align: left;"&gt; &lt;div style="margin-right: 3pt; text-align: left; white-space: nowrap;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;"&gt;May 31, 2013&lt;/span&gt;&lt;/div&gt; &lt;/div&gt; &lt;/td&gt;
&lt;td style="background-color: azure; padding-bottom: 4pt; padding-top: 4pt; vertical-align: Bottom; width: 97pt;"&gt; &lt;div style="line-height: 10pt; text-align: left;"&gt; &lt;div style="margin-left: 20.955pt; margin-right: 20.955pt; text-align: center; white-space: nowrap;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.00pt;"&gt;$&lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 5.01pt;"&gt;59,473,742&lt;/span&gt;&lt;/div&gt; &lt;/div&gt; &lt;/td&gt;
&lt;td style="background-color: azure; padding-bottom: 4pt; padding-top: 4pt; vertical-align: Bottom; width: 96.18pt;"&gt; &lt;div style="line-height: 10pt; text-align: left;"&gt; &lt;div style="margin-left: 31.12pt; margin-right: 31.12pt; text-align: center; white-space: nowrap;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 5.01pt; margin-right: -2.5pt;"&gt;&lt;span class="sec-hidden" style="-sec-ix-hidden: h_26_6a2f2612_df1d_ec72_5962_82adaac0aea6;" title="Manually tagged"&gt;N/A&lt;/span&gt;(1)&lt;/span&gt;&lt;/div&gt; &lt;/div&gt; &lt;/td&gt;
&lt;td style="background-color: azure; padding-bottom: 4pt; padding-top: 4pt; vertical-align: Bottom; width: 109.57pt;"&gt; &lt;div style="line-height: 10pt; text-align: left;"&gt; &lt;div style="margin-left: 46.16pt; margin-right: 46.16pt; text-align: center; white-space: nowrap;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.00pt;"&gt;&lt;span class="sec-hidden" style="-sec-ix-hidden: h_26_6bd00195_83da_0c07_8ef0_086bfaa0730d;" title="Manually tagged"&gt;N/A&lt;/span&gt;&lt;/span&gt;&lt;/div&gt; &lt;/div&gt; &lt;/td&gt;
&lt;td style="background-color: azure; padding-bottom: 4pt; padding-top: 4pt; vertical-align: Bottom; width: 71.53pt;"&gt; &lt;div style="line-height: 10pt; text-align: left;"&gt; &lt;div style="margin-left: 1pt; text-align: center; white-space: nowrap;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.00pt;"&gt;&lt;span class="sec-hidden" style="-sec-ix-hidden: h_26_bbc4eea2_0c58_4404_d9dc_51b73431cdf5;" title="Manually tagged"&gt;N/A&lt;/span&gt;&lt;/span&gt;&lt;/div&gt; &lt;/div&gt; &lt;/td&gt; &lt;/tr&gt;
&lt;tr style="height: 9pt;"&gt;
&lt;td style="background-color: #ffffff; padding-bottom: 1.5pt; padding-top: 4pt; vertical-align: Bottom; width: 141.72pt;"&gt; &lt;div style="line-height: 10pt; text-align: left;"&gt; &lt;div style="margin-right: 3pt; text-align: left; white-space: nowrap;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;"&gt;May 31, 2012&lt;/span&gt;&lt;/div&gt; &lt;/div&gt; &lt;/td&gt;
&lt;td style="background-color: #ffffff; padding-bottom: 1.5pt; padding-top: 4pt; vertical-align: Bottom; width: 97pt;"&gt; &lt;div style="line-height: 10pt; text-align: left;"&gt; &lt;div style="margin-left: 20.955pt; margin-right: 20.955pt; text-align: center; white-space: nowrap;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;$&lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 5.01pt;"&gt;53,243,041&lt;/span&gt;&lt;/div&gt; &lt;/div&gt; &lt;/td&gt;
&lt;td style="background-color: #ffffff; padding-bottom: 1.5pt; padding-top: 4pt; vertical-align: Bottom; width: 96.18pt;"&gt; &lt;div style="line-height: 10pt; text-align: left;"&gt; &lt;div style="margin-left: 31.12pt; margin-right: 31.12pt; text-align: center; white-space: nowrap;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 5.01pt; margin-right: -2.5pt;"&gt;&lt;span class="sec-hidden" style="-sec-ix-hidden: h_26_07df73fe_310e_cde6_2770_57d7884c5fa0;" title="Manually tagged"&gt;N/A&lt;/span&gt;(1)&lt;/span&gt;&lt;/div&gt; &lt;/div&gt; &lt;/td&gt;
&lt;td style="background-color: #ffffff; padding-bottom: 1.5pt; padding-top: 4pt; vertical-align: Bottom; width: 109.57pt;"&gt; &lt;div style="line-height: 10pt; text-align: left;"&gt; &lt;div style="margin-left: 46.16pt; margin-right: 46.16pt; text-align: center; white-space: nowrap;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;&lt;span class="sec-hidden" style="-sec-ix-hidden: h_26_37a68e65_5acd_83df_8c9b_a46712b9f452;" title="Manually tagged"&gt;N/A&lt;/span&gt;&lt;/span&gt;&lt;/div&gt; &lt;/div&gt; &lt;/td&gt;
&lt;td style="background-color: #ffffff; padding-bottom: 1.5pt; padding-top: 4pt; vertical-align: Bottom; width: 71.53pt;"&gt; &lt;div style="line-height: 10pt; text-align: left;"&gt; &lt;div style="margin-left: 1pt; text-align: center; white-space: nowrap;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;&lt;span class="sec-hidden" style="-sec-ix-hidden: h_26_bb6ded07_2c46_9f2a_929e_5ab42a042da2;" title="Manually tagged"&gt;N/A&lt;/span&gt;&lt;/span&gt;&lt;/div&gt; &lt;/div&gt; &lt;/td&gt; &lt;/tr&gt; &lt;/table&gt;  &lt;div style="float: left; line-height: 10.02pt; margin-left: 14.65pt; text-align: justify; width: 487.00pt;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 8.02pt;"&gt;As a result of the Fund having earmarked or segregated cash or liquid securities to collateralize the transactions or otherwise having covered the &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 8.02pt;"&gt;transactions, in accordance with current regulatory requirements under the releases and interpretive letters issued by the SEC and its staff, the Fund does &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 8.02pt;"&gt;not treat its obligations under such transactions as senior securities representing indebtedness for purposes of the 1940 Act.&lt;/span&gt;&lt;/div&gt; </cef:SeniorSecuritiesTableTextBlock>
    <cef:SeniorSecuritiesAmount
      contextRef="FY2021_BorrowingsCommittedFacilityAgreementMember"
      decimals="INF"
      id="h_1_1a114bba_69f8_40ac_a9b0_8cca1b6aee8a"
      unitRef="USD">38500690</cef:SeniorSecuritiesAmount>
    <cef:SeniorSecuritiesCoveragePerUnit
      contextRef="FY2021_BorrowingsCommittedFacilityAgreementMember"
      decimals="INF"
      id="h_18_32e1f446_538a_8223_8e56_34fd22bb3e59"
      unitRef="USD_shares">23806</cef:SeniorSecuritiesCoveragePerUnit>
    <cef:SeniorSecuritiesAmount
      contextRef="FY2020_BorrowingsCommittedFacilityAgreementMember"
      decimals="INF"
      id="h_2_e63f4f83_24fe_843a_c998_545facb32c91"
      unitRef="USD">19300000</cef:SeniorSecuritiesAmount>
    <cef:SeniorSecuritiesCoveragePerUnit
      contextRef="FY2020_BorrowingsCommittedFacilityAgreementMember"
      decimals="INF"
      id="h_19_0902a364_2e1c_9b5f_479a_c784dc1f2587"
      unitRef="USD_shares">34621</cef:SeniorSecuritiesCoveragePerUnit>
    <cef:SeniorSecuritiesAmount
      contextRef="FY2017_BorrowingsCommittedFacilityAgreementMember"
      decimals="INF"
      id="h_3_08ca8198_719a_d509_58f4_ea491da62b72"
      unitRef="USD">16704955</cef:SeniorSecuritiesAmount>
    <cef:SeniorSecuritiesCoveragePerUnit
      contextRef="FY2017_BorrowingsCommittedFacilityAgreementMember"
      decimals="INF"
      id="h_20_fc7b9c51_e4b1_9148_58e2_0c8f0180d0be"
      unitRef="USD_shares">25571</cef:SeniorSecuritiesCoveragePerUnit>
    <cef:SeniorSecuritiesAmount
      contextRef="FY2016_BorrowingsCommittedFacilityAgreementMember"
      decimals="INF"
      id="h_4_79a8184d_0fc3_6300_8d95_23a6a350cfe0"
      unitRef="USD">9354955</cef:SeniorSecuritiesAmount>
    <cef:SeniorSecuritiesCoveragePerUnit
      contextRef="FY2016_BorrowingsCommittedFacilityAgreementMember"
      decimals="INF"
      id="h_21_ab76fc6a_3210_2818_e2d8_bbe780a81fa1"
      unitRef="USD_shares">34164</cef:SeniorSecuritiesCoveragePerUnit>
    <cef:SeniorSecuritiesAmount
      contextRef="FY2015_BorrowingsCommittedFacilityAgreementMember"
      decimals="INF"
      id="h_5_23bf549b_9c77_4152_42af_481a48926007"
      unitRef="USD">45488955</cef:SeniorSecuritiesAmount>
    <cef:SeniorSecuritiesCoveragePerUnit
      contextRef="FY2015_BorrowingsCommittedFacilityAgreementMember"
      decimals="INF"
      id="h_22_f65ca2ce_5fda_5642_fd49_14d6216e8da5"
      unitRef="USD_shares">8540</cef:SeniorSecuritiesCoveragePerUnit>
    <cef:SeniorSecuritiesAmount
      contextRef="FY2014_BorrowingsCommittedFacilityAgreementMember"
      decimals="INF"
      id="h_6_eb5bd2a5_4da9_f7fe_8b35_a160728cd3e6"
      unitRef="USD">60788955</cef:SeniorSecuritiesAmount>
    <cef:SeniorSecuritiesCoveragePerUnit
      contextRef="FY2014_BorrowingsCommittedFacilityAgreementMember"
      decimals="INF"
      id="h_23_7a29360c_4032_ade0_17fe_b11760d74845"
      unitRef="USD_shares">6231</cef:SeniorSecuritiesCoveragePerUnit>
    <cef:SeniorSecuritiesAmount
      contextRef="FY2013_BorrowingsCommittedFacilityAgreementMember"
      decimals="INF"
      id="h_7_750e12b6_3f5f_9a2e_4a60_f3465882590c"
      unitRef="USD">56098955</cef:SeniorSecuritiesAmount>
    <cef:SeniorSecuritiesCoveragePerUnit
      contextRef="FY2013_BorrowingsCommittedFacilityAgreementMember"
      decimals="INF"
      id="h_24_d929ca8c_db19_8330_7888_a7ea23c34263"
      unitRef="USD_shares">6107</cef:SeniorSecuritiesCoveragePerUnit>
    <cef:SeniorSecuritiesAmount
      contextRef="FY2012_BorrowingsCommittedFacilityAgreementMember"
      decimals="INF"
      id="h_8_481fc87c_9cc7_e020_efe7_b6dbea034e28"
      unitRef="USD">30598955</cef:SeniorSecuritiesAmount>
    <cef:SeniorSecuritiesCoveragePerUnit
      contextRef="FY2012_BorrowingsCommittedFacilityAgreementMember"
      decimals="INF"
      id="h_25_f5ab2ff7_8964_d653_6b6f_a6bf70b9f677"
      unitRef="USD_shares">7776</cef:SeniorSecuritiesCoveragePerUnit>
    <cef:SeniorSecuritiesAmount
      contextRef="FY2021_ReverseRepurchaseAgreementsMember"
      decimals="INF"
      id="h_9_f27568c7_ee24_94cb_1dc1_b1ec0dad6e64"
      unitRef="USD">335327511</cef:SeniorSecuritiesAmount>
    <cef:SeniorSecuritiesAmount
      contextRef="FY2020_ReverseRepurchaseAgreementsMember"
      decimals="INF"
      id="h_10_937d6ea0_75ae_b591_08b0_1bb999a9c85e"
      unitRef="USD">42445822</cef:SeniorSecuritiesAmount>
    <cef:SeniorSecuritiesAmount
      contextRef="FY2018_ReverseRepurchaseAgreementsMember"
      decimals="INF"
      id="h_11_a2a0648b_e38b_99fd_e41d_96f22827406e"
      unitRef="USD">1610022</cef:SeniorSecuritiesAmount>
    <cef:SeniorSecuritiesAmount
      contextRef="FY2017_ReverseRepurchaseAgreementsMember"
      decimals="INF"
      id="h_12_3f405200_21c9_f26b_01dd_f76c08736862"
      unitRef="USD">91424819</cef:SeniorSecuritiesAmount>
    <cef:SeniorSecuritiesAmount
      contextRef="FY2016_ReverseRepurchaseAgreementsMember"
      decimals="INF"
      id="h_13_239ca469_ce6c_271c_44f1_c7fb9d84045d"
      unitRef="USD">130570046</cef:SeniorSecuritiesAmount>
    <cef:SeniorSecuritiesAmount
      contextRef="FY2015_ReverseRepurchaseAgreementsMember"
      decimals="INF"
      id="h_14_8a5af161_8b28_9807_3b97_a01d27a77c3c"
      unitRef="USD">114758163</cef:SeniorSecuritiesAmount>
    <cef:SeniorSecuritiesAmount
      contextRef="FY2014_ReverseRepurchaseAgreementsMember"
      decimals="INF"
      id="h_15_8d61dfef_cdb3_e7e8_440c_68e6da24b2f6"
      unitRef="USD">75641024</cef:SeniorSecuritiesAmount>
    <cef:SeniorSecuritiesAmount
      contextRef="FY2013_ReverseRepurchaseAgreementsMember"
      decimals="INF"
      id="h_16_74ad05e5_aeaf_105f_c084_a22657584f6e"
      unitRef="USD">59473742</cef:SeniorSecuritiesAmount>
    <cef:SeniorSecuritiesAmount
      contextRef="FY2012_ReverseRepurchaseAgreementsMember"
      decimals="INF"
      id="h_17_12bcaa47_6f76_e1b6_50d6_c5a1e46dfaa9"
      unitRef="USD">53243041</cef:SeniorSecuritiesAmount>
    <cef:SharePriceTableTextBlock
      contextRef="DefaultContext"
      id="t_1_b01fcadb_cb84_3c15_0829_ef951baadad6"> &lt;div style="line-height: 12.02pt; margin-top: 10.30pt; text-align: left;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;"&gt;The following table sets forth, for each of the periods indicated, the high and low closing market prices for the Common &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;Shares on the NYSE, as well as the net asset value per Common Share and the premium or discount to net asset value per &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;Common Share at which the Common Shares were trading on the date of the high and low closing prices. The Fund calculates &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;its net asset value as of the close of business, usually 4:00&#160;p.m. Eastern Time, every day on which the NYSE is open. See &#x201c;Net &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;Asset Value&#x201d; for information as to the determination of the Fund&#x2019;s net asset value.&lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 1pt; line-height: 1pt;"&gt;&#x2003;&lt;/span&gt;&lt;/div&gt;
&lt;table cellpadding="0" cellspacing="0" style="empty-cells: show; width: 516pt;"&gt;
&lt;tr style="height: 34.37pt;"&gt;
&lt;td style="padding-bottom: 1.35pt; padding-top: 1.35pt; vertical-align: Bottom; width: 207.05pt;"&gt; &lt;div style="line-height: 0.5pt; text-align: left;"&gt; &lt;div style="margin-left: 3pt; margin-right: 6pt; text-align: left; white-space: nowrap;"&gt;&lt;span style="border-bottom: 0.5pt groove #000000; color: #000000; font-family: times new roman; font-size: 10.02pt; font-weight: bold; margin-left: 0.0pt;"&gt;&#160;&lt;/span&gt;&lt;/div&gt; &lt;/div&gt; &lt;/td&gt;
&lt;td colspan="2" style="padding-bottom: 1.35pt; padding-top: 1.35pt; vertical-align: Bottom; width: 79.10pt;"&gt; &lt;div style="line-height: 11.0pt; text-align: left;"&gt; &lt;div style="border-bottom: 0.5pt solid #000000; margin-left: 4pt; margin-right: 4pt; padding-bottom: 1pt;"&gt; &lt;div style="text-align: center; white-space: nowrap;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-weight: bold;"&gt;Market Price&lt;/span&gt;&lt;/div&gt; &lt;/div&gt; &lt;/div&gt; &lt;/td&gt;
&lt;td colspan="2" style="padding-bottom: 1.35pt; padding-top: 1.35pt; vertical-align: Bottom; width: 117.72pt;"&gt; &lt;div style="line-height: 13.02pt; text-align: left;"&gt; &lt;div style="border-bottom: 0.5pt solid #000000; margin-left: 4pt; margin-right: 4pt; padding-bottom: 1pt;"&gt; &lt;div style="text-align: center; white-space: nowrap;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-weight: bold;"&gt;NAV per Common&lt;/span&gt;&lt;/div&gt; &lt;div style="text-align: center; white-space: nowrap;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-weight: bold;"&gt;Share on Date of Market&lt;/span&gt;&lt;/div&gt; &lt;div style="text-align: center; white-space: nowrap;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-weight: bold;"&gt;Price High and Low&lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 6.5pt; font-weight: bold; position: relative; top: -2.75pt;"&gt;(1)&lt;/span&gt; &lt;div style="clear: right;"/&gt; &lt;/div&gt; &lt;/div&gt; &lt;/div&gt; &lt;/td&gt;
&lt;td colspan="2" style="padding-bottom: 1.35pt; padding-top: 1.35pt; vertical-align: Bottom; width: 112.15pt;"&gt; &lt;div style="line-height: 13.02pt; text-align: left;"&gt; &lt;div style="border-bottom: 0.5pt solid #000000; margin-left: 4pt; margin-right: 4pt; padding-bottom: 1pt;"&gt; &lt;div style="text-align: center; white-space: nowrap;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-weight: bold;"&gt;Premium/(Discount) on&lt;/span&gt;&lt;/div&gt; &lt;div style="text-align: center; white-space: nowrap;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-weight: bold;"&gt;Date of Market Price&lt;/span&gt;&lt;/div&gt; &lt;div style="text-align: center; white-space: nowrap;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-weight: bold;"&gt;High and Low&lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 6.5pt; font-weight: bold; position: relative; top: -2.75pt;"&gt;(2)&lt;/span&gt; &lt;div style="clear: right;"/&gt; &lt;/div&gt; &lt;/div&gt; &lt;/div&gt; &lt;/td&gt; &lt;/tr&gt;
&lt;tr style="height: 15.7pt;"&gt;
&lt;td style="padding-bottom: 1.35pt; padding-top: 1.35pt; vertical-align: Bottom; width: 207.05pt;"&gt; &lt;div style="line-height: 11.0pt; text-align: left;"&gt; &lt;div style="margin-left: 3pt; margin-right: 6pt; text-align: left; white-space: nowrap;"&gt;&lt;span style="border-bottom: 0.5pt groove #000000; color: #000000; font-family: times new roman; font-size: 10.02pt; font-weight: bold; margin-left: 0.0pt;"&gt;During Quarter Ended&lt;/span&gt;&lt;/div&gt; &lt;/div&gt; &lt;/td&gt;
&lt;td style="padding-bottom: 1.35pt; padding-top: 1.35pt; vertical-align: Bottom; width: 39.55pt;"&gt; &lt;div style="line-height: 11.0pt; text-align: left;"&gt; &lt;div style="border-bottom: 0.5pt solid #000000; margin-left: 4pt; margin-right: 4pt; padding-bottom: 1pt;"&gt; &lt;div style="text-align: center; white-space: nowrap;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-weight: bold;"&gt;High&lt;/span&gt;&lt;/div&gt; &lt;/div&gt; &lt;/div&gt; &lt;/td&gt;
&lt;td style="padding-bottom: 1.35pt; padding-top: 1.35pt; vertical-align: Bottom; width: 39.55pt;"&gt; &lt;div style="line-height: 11.0pt; text-align: left;"&gt; &lt;div style="border-bottom: 0.5pt solid #000000; margin-left: 4pt; margin-right: 4pt; padding-bottom: 1pt;"&gt; &lt;div style="text-align: center; white-space: nowrap;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-weight: bold;"&gt;Low&lt;/span&gt;&lt;/div&gt; &lt;/div&gt; &lt;/div&gt; &lt;/td&gt;
&lt;td style="padding-bottom: 1.35pt; padding-top: 1.35pt; vertical-align: Bottom; width: 58.86pt;"&gt; &lt;div style="line-height: 11.0pt; text-align: left;"&gt; &lt;div style="border-bottom: 0.5pt solid #000000; margin-left: 4pt; margin-right: 4pt; padding-bottom: 1pt;"&gt; &lt;div style="text-align: center; white-space: nowrap;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-weight: bold;"&gt;High&lt;/span&gt;&lt;/div&gt; &lt;/div&gt; &lt;/div&gt; &lt;/td&gt;
&lt;td style="padding-bottom: 1.35pt; padding-top: 1.35pt; vertical-align: Bottom; width: 58.86pt;"&gt; &lt;div style="line-height: 11.0pt; text-align: left;"&gt; &lt;div style="border-bottom: 0.5pt solid #000000; margin-left: 4pt; margin-right: 4pt; padding-bottom: 1pt;"&gt; &lt;div style="text-align: center; white-space: nowrap;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-weight: bold;"&gt;Low&lt;/span&gt;&lt;/div&gt; &lt;/div&gt; &lt;/div&gt; &lt;/td&gt;
&lt;td style="padding-bottom: 1.35pt; padding-top: 1.35pt; vertical-align: Bottom; width: 52.74pt;"&gt; &lt;div style="line-height: 11.0pt; text-align: left;"&gt; &lt;div style="border-bottom: 0.5pt solid #000000; margin-left: 4pt; margin-right: 4pt; padding-bottom: 1pt;"&gt; &lt;div style="text-align: center; white-space: nowrap;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-weight: bold;"&gt;High&lt;/span&gt;&lt;/div&gt; &lt;/div&gt; &lt;/div&gt; &lt;/td&gt;
&lt;td style="padding-bottom: 1.35pt; padding-top: 1.35pt; vertical-align: Bottom; width: 59.41pt;"&gt; &lt;div style="line-height: 11.0pt; text-align: left;"&gt; &lt;div style="border-bottom: 0.5pt solid #000000; margin-left: 4pt; margin-right: 4pt; padding-bottom: 1pt;"&gt; &lt;div style="text-align: center; white-space: nowrap;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-weight: bold;"&gt;Low&lt;/span&gt;&lt;/div&gt; &lt;/div&gt; &lt;/div&gt; &lt;/td&gt; &lt;/tr&gt;
&lt;tr style="height: 14.35pt;"&gt;
&lt;td style="background-color: #adfffc; padding-bottom: 4pt; padding-top: 1.35pt; vertical-align: Bottom; width: 207.05pt;"&gt; &lt;div style="line-height: 10pt; text-align: left;"&gt; &lt;div style="margin-left: 3pt; margin-right: 6pt; text-align: left; white-space: nowrap;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;"&gt;August 31, 2021&lt;/span&gt;&lt;/div&gt; &lt;/div&gt; &lt;/td&gt;
&lt;td style="background-color: #adfffc; padding-bottom: 4pt; padding-top: 1.35pt; vertical-align: Bottom; width: 39.55pt;"&gt; &lt;div style="line-height: 10pt; text-align: left;"&gt; &lt;div style="margin-left: 6.00pt; margin-right: 6.00pt; text-align: center; white-space: nowrap;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;$&lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;21.98&lt;/span&gt;&lt;/div&gt; &lt;/div&gt; &lt;/td&gt;
&lt;td style="background-color: #adfffc; padding-bottom: 4pt; padding-top: 1.35pt; vertical-align: Bottom; width: 39.55pt;"&gt; &lt;div style="line-height: 10pt; text-align: left;"&gt; &lt;div style="margin-left: 6.00pt; margin-right: 6.00pt; text-align: center; white-space: nowrap;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;$&lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;20.92&lt;/span&gt;&lt;/div&gt; &lt;/div&gt; &lt;/td&gt;
&lt;td style="background-color: #adfffc; padding-bottom: 4pt; padding-top: 1.35pt; vertical-align: Bottom; width: 58.86pt;"&gt; &lt;div style="line-height: 10pt; text-align: left;"&gt; &lt;div style="margin-left: 15.655pt; margin-right: 15.655pt; text-align: center; white-space: nowrap;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.00pt;"&gt;$&lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;17.21&lt;/span&gt;&lt;/div&gt; &lt;/div&gt; &lt;/td&gt;
&lt;td style="background-color: #adfffc; padding-bottom: 4pt; padding-top: 1.35pt; vertical-align: Bottom; width: 58.86pt;"&gt; &lt;div style="line-height: 10pt; text-align: left;"&gt; &lt;div style="margin-left: 15.655pt; margin-right: 15.655pt; text-align: center; white-space: nowrap;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.00pt;"&gt;$&lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;16.98&lt;/span&gt;&lt;/div&gt; &lt;/div&gt; &lt;/td&gt;
&lt;td style="background-color: #adfffc; padding-bottom: 4pt; padding-top: 1.35pt; vertical-align: Bottom; width: 52.74pt;"&gt; &lt;div style="line-height: 10pt; text-align: left;"&gt; &lt;div style="margin-left: 10.93pt; margin-right: 10.93pt; text-align: center; white-space: nowrap;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.00pt; margin-right: -10.02pt;"&gt;27.72%&lt;/span&gt;&lt;/div&gt; &lt;/div&gt; &lt;/td&gt;
&lt;td style="background-color: #adfffc; padding-bottom: 4pt; padding-top: 1.35pt; vertical-align: Bottom; width: 59.41pt;"&gt; &lt;div style="line-height: 10pt; text-align: left;"&gt; &lt;div style="margin-left: 4pt; margin-right: 4pt; text-align: center; white-space: nowrap;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 3.33pt; margin-right: -10.02pt;"&gt;23.20%&lt;/span&gt;&lt;/div&gt; &lt;/div&gt; &lt;/td&gt; &lt;/tr&gt;
&lt;tr style="height: 13pt;"&gt;
&lt;td style="padding-bottom: 4pt; padding-top: 4pt; vertical-align: Bottom; width: 207.05pt;"&gt; &lt;div style="line-height: 10pt; text-align: left;"&gt; &lt;div style="margin-left: 3pt; margin-right: 6pt; text-align: left; white-space: nowrap;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;"&gt;May 31, 2021&lt;/span&gt;&lt;/div&gt; &lt;/div&gt; &lt;/td&gt;
&lt;td style="padding-bottom: 4pt; padding-top: 4pt; vertical-align: Bottom; width: 39.55pt;"&gt; &lt;div style="line-height: 10pt; text-align: left;"&gt; &lt;div style="margin-left: 6.00pt; margin-right: 6.00pt; text-align: center; white-space: nowrap;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;$&lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;21.95&lt;/span&gt;&lt;/div&gt; &lt;/div&gt; &lt;/td&gt;
&lt;td style="padding-bottom: 4pt; padding-top: 4pt; vertical-align: Bottom; width: 39.55pt;"&gt; &lt;div style="line-height: 10pt; text-align: left;"&gt; &lt;div style="margin-left: 6.00pt; margin-right: 6.00pt; text-align: center; white-space: nowrap;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;$&lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;19.24&lt;/span&gt;&lt;/div&gt; &lt;/div&gt; &lt;/td&gt;
&lt;td style="padding-bottom: 4pt; padding-top: 4pt; vertical-align: Bottom; width: 58.86pt;"&gt; &lt;div style="line-height: 10pt; text-align: left;"&gt; &lt;div style="margin-left: 15.655pt; margin-right: 15.655pt; text-align: center; white-space: nowrap;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;$&lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;17.10&lt;/span&gt;&lt;/div&gt; &lt;/div&gt; &lt;/td&gt;
&lt;td style="padding-bottom: 4pt; padding-top: 4pt; vertical-align: Bottom; width: 58.86pt;"&gt; &lt;div style="line-height: 10pt; text-align: left;"&gt; &lt;div style="margin-left: 15.655pt; margin-right: 15.655pt; text-align: center; white-space: nowrap;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;$&lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;16.94&lt;/span&gt;&lt;/div&gt; &lt;/div&gt; &lt;/td&gt;
&lt;td style="padding-bottom: 4pt; padding-top: 4pt; vertical-align: Bottom; width: 52.74pt;"&gt; &lt;div style="line-height: 10pt; text-align: left;"&gt; &lt;div style="margin-left: 10.93pt; margin-right: 10.93pt; text-align: center; white-space: nowrap;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-right: -10.02pt;"&gt;28.36%&lt;/span&gt;&lt;/div&gt; &lt;/div&gt; &lt;/td&gt;
&lt;td style="padding-bottom: 4pt; padding-top: 4pt; vertical-align: Bottom; width: 59.41pt;"&gt; &lt;div style="line-height: 10pt; text-align: left;"&gt; &lt;div style="margin-left: 4pt; margin-right: 4pt; text-align: center; white-space: nowrap;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 3.34pt; margin-right: -10.02pt;"&gt;13.58%&lt;/span&gt;&lt;/div&gt; &lt;/div&gt; &lt;/td&gt; &lt;/tr&gt;
&lt;tr style="height: 13pt;"&gt;
&lt;td style="background-color: #adfffc; padding-bottom: 4pt; padding-top: 4pt; vertical-align: Bottom; width: 207.05pt;"&gt; &lt;div style="line-height: 10pt; text-align: left;"&gt; &lt;div style="margin-left: 3pt; margin-right: 6pt; text-align: left; white-space: nowrap;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;"&gt;February 28, 2021&lt;/span&gt;&lt;/div&gt; &lt;/div&gt; &lt;/td&gt;
&lt;td style="background-color: #adfffc; padding-bottom: 4pt; padding-top: 4pt; vertical-align: Bottom; width: 39.55pt;"&gt; &lt;div style="line-height: 10pt; text-align: left;"&gt; &lt;div style="margin-left: 6.00pt; margin-right: 6.00pt; text-align: center; white-space: nowrap;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;$&lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;21.10&lt;/span&gt;&lt;/div&gt; &lt;/div&gt; &lt;/td&gt;
&lt;td style="background-color: #adfffc; padding-bottom: 4pt; padding-top: 4pt; vertical-align: Bottom; width: 39.55pt;"&gt; &lt;div style="line-height: 10pt; text-align: left;"&gt; &lt;div style="margin-left: 6.00pt; margin-right: 6.00pt; text-align: center; white-space: nowrap;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;$&lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;18.77&lt;/span&gt;&lt;/div&gt; &lt;/div&gt; &lt;/td&gt;
&lt;td style="background-color: #adfffc; padding-bottom: 4pt; padding-top: 4pt; vertical-align: Bottom; width: 58.86pt;"&gt; &lt;div style="line-height: 10pt; text-align: left;"&gt; &lt;div style="margin-left: 15.655pt; margin-right: 15.655pt; text-align: center; white-space: nowrap;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.00pt;"&gt;$&lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;17.43&lt;/span&gt;&lt;/div&gt; &lt;/div&gt; &lt;/td&gt;
&lt;td style="background-color: #adfffc; padding-bottom: 4pt; padding-top: 4pt; vertical-align: Bottom; width: 58.86pt;"&gt; &lt;div style="line-height: 10pt; text-align: left;"&gt; &lt;div style="margin-left: 15.655pt; margin-right: 15.655pt; text-align: center; white-space: nowrap;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.00pt;"&gt;$&lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;16.69&lt;/span&gt;&lt;/div&gt; &lt;/div&gt; &lt;/td&gt;
&lt;td style="background-color: #adfffc; padding-bottom: 4pt; padding-top: 4pt; vertical-align: Bottom; width: 52.74pt;"&gt; &lt;div style="line-height: 10pt; text-align: left;"&gt; &lt;div style="margin-left: 10.93pt; margin-right: 10.93pt; text-align: center; white-space: nowrap;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.00pt; margin-right: -10.02pt;"&gt;21.06%&lt;/span&gt;&lt;/div&gt; &lt;/div&gt; &lt;/td&gt;
&lt;td style="background-color: #adfffc; padding-bottom: 4pt; padding-top: 4pt; vertical-align: Bottom; width: 59.41pt;"&gt; &lt;div style="line-height: 10pt; text-align: left;"&gt; &lt;div style="margin-left: 4pt; margin-right: 4pt; text-align: center; white-space: nowrap;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 3.33pt; margin-right: -10.02pt;"&gt;12.46%&lt;/span&gt;&lt;/div&gt; &lt;/div&gt; &lt;/td&gt; &lt;/tr&gt;
&lt;tr style="height: 13pt;"&gt;
&lt;td style="padding-bottom: 4pt; padding-top: 4pt; vertical-align: Bottom; width: 207.05pt;"&gt; &lt;div style="line-height: 10pt; text-align: left;"&gt; &lt;div style="margin-left: 3pt; margin-right: 6pt; text-align: left; white-space: nowrap;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;"&gt;November 30, 2020&lt;/span&gt;&lt;/div&gt; &lt;/div&gt; &lt;/td&gt;
&lt;td style="padding-bottom: 4pt; padding-top: 4pt; vertical-align: Bottom; width: 39.55pt;"&gt; &lt;div style="line-height: 10pt; text-align: left;"&gt; &lt;div style="margin-left: 6.00pt; margin-right: 6.00pt; text-align: center; white-space: nowrap;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;$&lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;18.64&lt;/span&gt;&lt;/div&gt; &lt;/div&gt; &lt;/td&gt;
&lt;td style="padding-bottom: 4pt; padding-top: 4pt; vertical-align: Bottom; width: 39.55pt;"&gt; &lt;div style="line-height: 10pt; text-align: left;"&gt; &lt;div style="margin-left: 6.00pt; margin-right: 6.00pt; text-align: center; white-space: nowrap;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;$&lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;17.48&lt;/span&gt;&lt;/div&gt; &lt;/div&gt; &lt;/td&gt;
&lt;td style="padding-bottom: 4pt; padding-top: 4pt; vertical-align: Bottom; width: 58.86pt;"&gt; &lt;div style="line-height: 10pt; text-align: left;"&gt; &lt;div style="margin-left: 15.655pt; margin-right: 15.655pt; text-align: center; white-space: nowrap;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;$&lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;16.68&lt;/span&gt;&lt;/div&gt; &lt;/div&gt; &lt;/td&gt;
&lt;td style="padding-bottom: 4pt; padding-top: 4pt; vertical-align: Bottom; width: 58.86pt;"&gt; &lt;div style="line-height: 10pt; text-align: left;"&gt; &lt;div style="margin-left: 15.655pt; margin-right: 15.655pt; text-align: center; white-space: nowrap;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;$&lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;16.03&lt;/span&gt;&lt;/div&gt; &lt;/div&gt; &lt;/td&gt;
&lt;td style="padding-bottom: 4pt; padding-top: 4pt; vertical-align: Bottom; width: 52.74pt;"&gt; &lt;div style="line-height: 10pt; text-align: left;"&gt; &lt;div style="margin-left: 10.93pt; margin-right: 10.93pt; text-align: center; white-space: nowrap;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-right: -10.02pt;"&gt;11.75%&lt;/span&gt;&lt;/div&gt; &lt;/div&gt; &lt;/td&gt;
&lt;td style="padding-bottom: 4pt; padding-top: 4pt; vertical-align: Bottom; width: 59.41pt;"&gt; &lt;div style="line-height: 10pt; text-align: left;"&gt; &lt;div style="margin-left: 4pt; margin-right: 4pt; text-align: center; white-space: nowrap;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 8.34pt; margin-right: -10.02pt;"&gt;9.05%&lt;/span&gt;&lt;/div&gt; &lt;/div&gt; &lt;/td&gt; &lt;/tr&gt;
&lt;tr style="height: 13pt;"&gt;
&lt;td style="background-color: #adfffc; padding-bottom: 4pt; padding-top: 4pt; vertical-align: Bottom; width: 207.05pt;"&gt; &lt;div style="line-height: 10pt; text-align: left;"&gt; &lt;div style="margin-left: 3pt; margin-right: 6pt; text-align: left; white-space: nowrap;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;"&gt;August 31, 2020&lt;/span&gt;&lt;/div&gt; &lt;/div&gt; &lt;/td&gt;
&lt;td style="background-color: #adfffc; padding-bottom: 4pt; padding-top: 4pt; vertical-align: Bottom; width: 39.55pt;"&gt; &lt;div style="line-height: 10pt; text-align: left;"&gt; &lt;div style="margin-left: 6.00pt; margin-right: 6.00pt; text-align: center; white-space: nowrap;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;$&lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;18.46&lt;/span&gt;&lt;/div&gt; &lt;/div&gt; &lt;/td&gt;
&lt;td style="background-color: #adfffc; padding-bottom: 4pt; padding-top: 4pt; vertical-align: Bottom; width: 39.55pt;"&gt; &lt;div style="line-height: 10pt; text-align: left;"&gt; &lt;div style="margin-left: 6.00pt; margin-right: 6.00pt; text-align: center; white-space: nowrap;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;$&lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;16.48&lt;/span&gt;&lt;/div&gt; &lt;/div&gt; &lt;/td&gt;
&lt;td style="background-color: #adfffc; padding-bottom: 4pt; padding-top: 4pt; vertical-align: Bottom; width: 58.86pt;"&gt; &lt;div style="line-height: 10pt; text-align: left;"&gt; &lt;div style="margin-left: 15.655pt; margin-right: 15.655pt; text-align: center; white-space: nowrap;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.00pt;"&gt;$&lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;16.15&lt;/span&gt;&lt;/div&gt; &lt;/div&gt; &lt;/td&gt;
&lt;td style="background-color: #adfffc; padding-bottom: 4pt; padding-top: 4pt; vertical-align: Bottom; width: 58.86pt;"&gt; &lt;div style="line-height: 10pt; text-align: left;"&gt; &lt;div style="margin-left: 15.655pt; margin-right: 15.655pt; text-align: center; white-space: nowrap;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.00pt;"&gt;$&lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;15.44&lt;/span&gt;&lt;/div&gt; &lt;/div&gt; &lt;/td&gt;
&lt;td style="background-color: #adfffc; padding-bottom: 4pt; padding-top: 4pt; vertical-align: Bottom; width: 52.74pt;"&gt; &lt;div style="line-height: 10pt; text-align: left;"&gt; &lt;div style="margin-left: 10.93pt; margin-right: 10.93pt; text-align: center; white-space: nowrap;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.00pt; margin-right: -10.02pt;"&gt;14.30%&lt;/span&gt;&lt;/div&gt; &lt;/div&gt; &lt;/td&gt;
&lt;td style="background-color: #adfffc; padding-bottom: 4pt; padding-top: 4pt; vertical-align: Bottom; width: 59.41pt;"&gt; &lt;div style="line-height: 10pt; text-align: left;"&gt; &lt;div style="margin-left: 4pt; margin-right: 4pt; text-align: center; white-space: nowrap;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 8.34pt; margin-right: -10.02pt;"&gt;6.74%&lt;/span&gt;&lt;/div&gt; &lt;/div&gt; &lt;/td&gt; &lt;/tr&gt;
&lt;tr style="height: 13pt;"&gt;
&lt;td style="padding-bottom: 4pt; padding-top: 4pt; vertical-align: Bottom; width: 207.05pt;"&gt; &lt;div style="line-height: 10pt; text-align: left;"&gt; &lt;div style="margin-left: 3pt; margin-right: 6pt; text-align: left; white-space: nowrap;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;"&gt;May 31, 2020&lt;/span&gt;&lt;/div&gt; &lt;/div&gt; &lt;/td&gt;
&lt;td style="padding-bottom: 4pt; padding-top: 4pt; vertical-align: Bottom; width: 39.55pt;"&gt; &lt;div style="line-height: 10pt; text-align: left;"&gt; &lt;div style="margin-left: 6.00pt; margin-right: 6.00pt; text-align: center; white-space: nowrap;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;$&lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;18.01&lt;/span&gt;&lt;/div&gt; &lt;/div&gt; &lt;/td&gt;
&lt;td style="padding-bottom: 4pt; padding-top: 4pt; vertical-align: Bottom; width: 39.55pt;"&gt; &lt;div style="line-height: 10pt; text-align: left;"&gt; &lt;div style="margin-left: 6.00pt; margin-right: 6.00pt; text-align: center; white-space: nowrap;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;$&lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;11.82&lt;/span&gt;&lt;/div&gt; &lt;/div&gt; &lt;/td&gt;
&lt;td style="padding-bottom: 4pt; padding-top: 4pt; vertical-align: Bottom; width: 58.86pt;"&gt; &lt;div style="line-height: 10pt; text-align: left;"&gt; &lt;div style="margin-left: 15.655pt; margin-right: 15.655pt; text-align: center; white-space: nowrap;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;$&lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;17.00&lt;/span&gt;&lt;/div&gt; &lt;/div&gt; &lt;/td&gt;
&lt;td style="padding-bottom: 4pt; padding-top: 4pt; vertical-align: Bottom; width: 58.86pt;"&gt; &lt;div style="line-height: 10pt; text-align: left;"&gt; &lt;div style="margin-left: 15.655pt; margin-right: 15.655pt; text-align: center; white-space: nowrap;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;$&lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;15.25&lt;/span&gt;&lt;/div&gt; &lt;/div&gt; &lt;/td&gt;
&lt;td style="padding-bottom: 4pt; padding-top: 4pt; vertical-align: Bottom; width: 52.74pt;"&gt; &lt;div style="line-height: 10pt; text-align: left;"&gt; &lt;div style="margin-left: 10.93pt; margin-right: 10.93pt; text-align: center; white-space: nowrap;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 5.01pt; margin-right: -10.02pt;"&gt;5.94%&lt;/span&gt;&lt;/div&gt; &lt;/div&gt; &lt;/td&gt;
&lt;td style="padding-bottom: 4pt; padding-top: 4pt; vertical-align: Bottom; width: 59.41pt;"&gt; &lt;div style="line-height: 10pt; text-align: left;"&gt; &lt;div style="margin-left: 4pt; margin-right: 4pt; text-align: center; white-space: nowrap;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-right: -12.52pt;"&gt;(22.49)%&lt;/span&gt;&lt;/div&gt; &lt;/div&gt; &lt;/td&gt; &lt;/tr&gt;
&lt;tr style="height: 13pt;"&gt;
&lt;td style="background-color: #adfffc; padding-bottom: 4pt; padding-top: 4pt; vertical-align: Bottom; width: 207.05pt;"&gt; &lt;div style="line-height: 10pt; text-align: left;"&gt; &lt;div style="margin-left: 3pt; margin-right: 6pt; text-align: left; white-space: nowrap;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;"&gt;February 29, 2020&lt;/span&gt;&lt;/div&gt; &lt;/div&gt; &lt;/td&gt;
&lt;td style="background-color: #adfffc; padding-bottom: 4pt; padding-top: 4pt; vertical-align: Bottom; width: 39.55pt;"&gt; &lt;div style="line-height: 10pt; text-align: left;"&gt; &lt;div style="margin-left: 6.00pt; margin-right: 6.00pt; text-align: center; white-space: nowrap;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;$&lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;19.47&lt;/span&gt;&lt;/div&gt; &lt;/div&gt; &lt;/td&gt;
&lt;td style="background-color: #adfffc; padding-bottom: 4pt; padding-top: 4pt; vertical-align: Bottom; width: 39.55pt;"&gt; &lt;div style="line-height: 10pt; text-align: left;"&gt; &lt;div style="margin-left: 6.00pt; margin-right: 6.00pt; text-align: center; white-space: nowrap;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;$&lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;17.08&lt;/span&gt;&lt;/div&gt; &lt;/div&gt; &lt;/td&gt;
&lt;td style="background-color: #adfffc; padding-bottom: 4pt; padding-top: 4pt; vertical-align: Bottom; width: 58.86pt;"&gt; &lt;div style="line-height: 10pt; text-align: left;"&gt; &lt;div style="margin-left: 15.655pt; margin-right: 15.655pt; text-align: center; white-space: nowrap;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.00pt;"&gt;$&lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;17.14&lt;/span&gt;&lt;/div&gt; &lt;/div&gt; &lt;/td&gt;
&lt;td style="background-color: #adfffc; padding-bottom: 4pt; padding-top: 4pt; vertical-align: Bottom; width: 58.86pt;"&gt; &lt;div style="line-height: 10pt; text-align: left;"&gt; &lt;div style="margin-left: 15.655pt; margin-right: 15.655pt; text-align: center; white-space: nowrap;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.00pt;"&gt;$&lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;16.91&lt;/span&gt;&lt;/div&gt; &lt;/div&gt; &lt;/td&gt;
&lt;td style="background-color: #adfffc; padding-bottom: 4pt; padding-top: 4pt; vertical-align: Bottom; width: 52.74pt;"&gt; &lt;div style="line-height: 10pt; text-align: left;"&gt; &lt;div style="margin-left: 10.93pt; margin-right: 10.93pt; text-align: center; white-space: nowrap;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.00pt; margin-right: -10.02pt;"&gt;13.59%&lt;/span&gt;&lt;/div&gt; &lt;/div&gt; &lt;/td&gt;
&lt;td style="background-color: #adfffc; padding-bottom: 4pt; padding-top: 4pt; vertical-align: Bottom; width: 59.41pt;"&gt; &lt;div style="line-height: 10pt; text-align: left;"&gt; &lt;div style="margin-left: 4pt; margin-right: 4pt; text-align: center; white-space: nowrap;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 8.34pt; margin-right: -10.02pt;"&gt;1.01%&lt;/span&gt;&lt;/div&gt; &lt;/div&gt; &lt;/td&gt; &lt;/tr&gt;
&lt;tr style="height: 13pt;"&gt;
&lt;td style="padding-bottom: 4pt; padding-top: 4pt; vertical-align: Bottom; width: 207.05pt;"&gt; &lt;div style="line-height: 10pt; text-align: left;"&gt; &lt;div style="margin-left: 3pt; margin-right: 6pt; text-align: left; white-space: nowrap;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;"&gt;November 30, 2019&lt;/span&gt;&lt;/div&gt; &lt;/div&gt; &lt;/td&gt;
&lt;td style="padding-bottom: 4pt; padding-top: 4pt; vertical-align: Bottom; width: 39.55pt;"&gt; &lt;div style="line-height: 10pt; text-align: left;"&gt; &lt;div style="margin-left: 6.00pt; margin-right: 6.00pt; text-align: center; white-space: nowrap;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;$&lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;19.77&lt;/span&gt;&lt;/div&gt; &lt;/div&gt; &lt;/td&gt;
&lt;td style="padding-bottom: 4pt; padding-top: 4pt; vertical-align: Bottom; width: 39.55pt;"&gt; &lt;div style="line-height: 10pt; text-align: left;"&gt; &lt;div style="margin-left: 6.00pt; margin-right: 6.00pt; text-align: center; white-space: nowrap;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;$&lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;18.56&lt;/span&gt;&lt;/div&gt; &lt;/div&gt; &lt;/td&gt;
&lt;td style="padding-bottom: 4pt; padding-top: 4pt; vertical-align: Bottom; width: 58.86pt;"&gt; &lt;div style="line-height: 10pt; text-align: left;"&gt; &lt;div style="margin-left: 15.655pt; margin-right: 15.655pt; text-align: center; white-space: nowrap;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;$&lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;17.63&lt;/span&gt;&lt;/div&gt; &lt;/div&gt; &lt;/td&gt;
&lt;td style="padding-bottom: 4pt; padding-top: 4pt; vertical-align: Bottom; width: 58.86pt;"&gt; &lt;div style="line-height: 10pt; text-align: left;"&gt; &lt;div style="margin-left: 15.655pt; margin-right: 15.655pt; text-align: center; white-space: nowrap;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;$&lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;17.46&lt;/span&gt;&lt;/div&gt; &lt;/div&gt; &lt;/td&gt;
&lt;td style="padding-bottom: 4pt; padding-top: 4pt; vertical-align: Bottom; width: 52.74pt;"&gt; &lt;div style="line-height: 10pt; text-align: left;"&gt; &lt;div style="margin-left: 10.93pt; margin-right: 10.93pt; text-align: center; white-space: nowrap;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-right: -10.02pt;"&gt;12.14%&lt;/span&gt;&lt;/div&gt; &lt;/div&gt; &lt;/td&gt;
&lt;td style="padding-bottom: 4pt; padding-top: 4pt; vertical-align: Bottom; width: 59.41pt;"&gt; &lt;div style="line-height: 10pt; text-align: left;"&gt; &lt;div style="margin-left: 4pt; margin-right: 4pt; text-align: center; white-space: nowrap;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 8.34pt; margin-right: -10.02pt;"&gt;6.30%&lt;/span&gt;&lt;/div&gt; &lt;/div&gt; &lt;/td&gt; &lt;/tr&gt;
&lt;tr style="height: 9pt;"&gt;
&lt;td style="background-color: #adfffc; padding-bottom: 1.5pt; padding-top: 4pt; vertical-align: Bottom; width: 207.05pt;"&gt; &lt;div style="line-height: 10pt; text-align: left;"&gt; &lt;div style="margin-left: 3pt; margin-right: 6pt; text-align: left; white-space: nowrap;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;"&gt;August 31, 2019&lt;/span&gt;&lt;/div&gt; &lt;/div&gt; &lt;/td&gt;
&lt;td style="background-color: #adfffc; padding-bottom: 1.5pt; padding-top: 4pt; vertical-align: Bottom; width: 39.55pt;"&gt; &lt;div style="line-height: 10pt; text-align: left;"&gt; &lt;div style="margin-left: 6.00pt; margin-right: 6.00pt; text-align: center; white-space: nowrap;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;$&lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;20.88&lt;/span&gt;&lt;/div&gt; &lt;/div&gt; &lt;/td&gt;
&lt;td style="background-color: #adfffc; padding-bottom: 1.5pt; padding-top: 4pt; vertical-align: Bottom; width: 39.55pt;"&gt; &lt;div style="line-height: 10pt; text-align: left;"&gt; &lt;div style="margin-left: 6.00pt; margin-right: 6.00pt; text-align: center; white-space: nowrap;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;$&lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;19.51&lt;/span&gt;&lt;/div&gt; &lt;/div&gt; &lt;/td&gt;
&lt;td style="background-color: #adfffc; padding-bottom: 1.5pt; padding-top: 4pt; vertical-align: Bottom; width: 58.86pt;"&gt; &lt;div style="line-height: 10pt; text-align: left;"&gt; &lt;div style="margin-left: 15.655pt; margin-right: 15.655pt; text-align: center; white-space: nowrap;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.00pt;"&gt;$&lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;17.81&lt;/span&gt;&lt;/div&gt; &lt;/div&gt; &lt;/td&gt;
&lt;td style="background-color: #adfffc; padding-bottom: 1.5pt; padding-top: 4pt; vertical-align: Bottom; width: 58.86pt;"&gt; &lt;div style="line-height: 10pt; text-align: left;"&gt; &lt;div style="margin-left: 15.655pt; margin-right: 15.655pt; text-align: center; white-space: nowrap;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.00pt;"&gt;$&lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;17.60&lt;/span&gt;&lt;/div&gt; &lt;/div&gt; &lt;/td&gt;
&lt;td style="background-color: #adfffc; padding-bottom: 1.5pt; padding-top: 4pt; vertical-align: Bottom; width: 52.74pt;"&gt; &lt;div style="line-height: 10pt; text-align: left;"&gt; &lt;div style="margin-left: 10.93pt; margin-right: 10.93pt; text-align: center; white-space: nowrap;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.00pt; margin-right: -10.02pt;"&gt;17.24%&lt;/span&gt;&lt;/div&gt; &lt;/div&gt; &lt;/td&gt;
&lt;td style="background-color: #adfffc; padding-bottom: 1.5pt; padding-top: 4pt; vertical-align: Bottom; width: 59.41pt;"&gt; &lt;div style="line-height: 10pt; text-align: left;"&gt; &lt;div style="margin-left: 4pt; margin-right: 4pt; text-align: center; white-space: nowrap;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 3.33pt; margin-right: -10.02pt;"&gt;10.85%&lt;/span&gt;&lt;/div&gt; &lt;/div&gt; &lt;/td&gt; &lt;/tr&gt; &lt;/table&gt;  &lt;div style="float: left; line-height: 12.02pt; text-align: left; width: 11.68pt;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;(1)&lt;/span&gt;&lt;/div&gt;  &lt;div style="float: left; line-height: 12.02pt; margin-left: 12.32pt; text-align: left; width: 487.00pt;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;Based on the Fund&#x2019;s computations.&lt;/span&gt;&lt;/div&gt;  &lt;div style="float: left; line-height: 12.02pt; text-align: left; width: 11.68pt;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;(2)&lt;/span&gt;&lt;/div&gt;  &lt;div style="float: left; line-height: 12.02pt; margin-left: 12.32pt; text-align: left; width: 487.00pt;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;Calculated based on the information presented. Percentages are rounded.&lt;/span&gt;&lt;/div&gt;  &lt;div style="line-height: 12.02pt; margin-top: 9.90pt; text-align: left;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;"&gt;The last reported sale price, net asset value per Common Share and percentage premium to net asset value per Common &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;Share on September 7, 2021 was $ 21.34, $17.10 and 24.80%, respectively. The Fund cannot predict whether its Common &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;Shares will trade in the future at a premium to or discount from net asset value, or the level of any premium or discount. Shares &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;of closed-end investment companies frequently trade at a discount from net asset value. The Fund&#x2019;s Common Shares have in the &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;past traded below their net asset value. As of September 7, 2021, 54,220,052 Common Shares of the Fund were outstanding.&lt;/span&gt; &lt;/span&gt;&lt;/div&gt; </cef:SharePriceTableTextBlock>
    <cef:HighestPriceOrBid
      contextRef="Q22021_CommonSharesMember"
      decimals="INF"
      id="h_1_34a178b1_fb6c_5cf0_2266_5ed56507e399"
      unitRef="USD_shares">21.98</cef:HighestPriceOrBid>
    <cef:LowestPriceOrBid
      contextRef="Q22021_CommonSharesMember"
      decimals="INF"
      id="h_5_90fdf97d_2b95_a5f2_5c8e_20f354f08a01"
      unitRef="USD_shares">20.92</cef:LowestPriceOrBid>
    <cef:HighestPriceOrBidNav
      contextRef="Q22021_CommonSharesMember"
      decimals="INF"
      id="h_19_0aeb826e_cff1_0903_73ac_5df3a14e0ec1"
      unitRef="USD_shares">17.21</cef:HighestPriceOrBidNav>
    <cef:LowestPriceOrBidNav
      contextRef="Q22021_CommonSharesMember"
      decimals="INF"
      id="h_28_6246f8e4_325b_57ba_ed5b_174d2e9537f9"
      unitRef="USD_shares">16.98</cef:LowestPriceOrBidNav>
    <cef:HighestPriceOrBidPremiumDiscountToNavPercent
      contextRef="Q22021_CommonSharesMember"
      decimals="4"
      id="h_37_9fe0f359_5a2c_5ce8_361f_8c53d58782e1"
      unitRef="pure">0.2772</cef:HighestPriceOrBidPremiumDiscountToNavPercent>
    <cef:LowestPriceOrBidPremiumDiscountToNavPercent
      contextRef="Q22021_CommonSharesMember"
      decimals="4"
      id="h_46_e4a3af2b_5f9f_8fa9_4877_adf368457923"
      unitRef="pure">0.2320</cef:LowestPriceOrBidPremiumDiscountToNavPercent>
    <cef:HighestPriceOrBid
      contextRef="Q12021_CommonSharesMember"
      decimals="INF"
      id="h_2_3baef12d_21bf_95cb_5e4c_256493393fad"
      unitRef="USD_shares">21.95</cef:HighestPriceOrBid>
    <cef:LowestPriceOrBid
      contextRef="Q12021_CommonSharesMember"
      decimals="INF"
      id="h_6_54d9ede4_9614_28de_86c5_6f26d8ddf670"
      unitRef="USD_shares">19.24</cef:LowestPriceOrBid>
    <cef:HighestPriceOrBidNav
      contextRef="Q12021_CommonSharesMember"
      decimals="INF"
      id="h_20_688724f0_c713_d5e6_077d_a0104c3dae79"
      unitRef="USD_shares">17.10</cef:HighestPriceOrBidNav>
    <cef:LowestPriceOrBidNav
      contextRef="Q12021_CommonSharesMember"
      decimals="INF"
      id="h_29_8348b7a0_a375_514e_6a0a_837b67752758"
      unitRef="USD_shares">16.94</cef:LowestPriceOrBidNav>
    <cef:HighestPriceOrBidPremiumDiscountToNavPercent
      contextRef="Q12021_CommonSharesMember"
      decimals="4"
      id="h_38_f8af7538_a617_2384_88dc_c02a0dcf8fd0"
      unitRef="pure">0.2836</cef:HighestPriceOrBidPremiumDiscountToNavPercent>
    <cef:LowestPriceOrBidPremiumDiscountToNavPercent
      contextRef="Q12021_CommonSharesMember"
      decimals="4"
      id="h_47_28ea45f4_3b16_c937_a51b_6569cf9cff00"
      unitRef="pure">0.1358</cef:LowestPriceOrBidPremiumDiscountToNavPercent>
    <cef:HighestPriceOrBid
      contextRef="Q42021_CommonSharesMember"
      decimals="INF"
      id="h_3_d20352c6_0fec_29a0_197c_e17224e1fa88"
      unitRef="USD_shares">21.10</cef:HighestPriceOrBid>
    <cef:LowestPriceOrBid
      contextRef="Q42021_CommonSharesMember"
      decimals="INF"
      id="h_7_77922608_65c9_e630_7c55_43054f1c1b3f"
      unitRef="USD_shares">18.77</cef:LowestPriceOrBid>
    <cef:HighestPriceOrBidNav
      contextRef="Q42021_CommonSharesMember"
      decimals="INF"
      id="h_21_4aab7e36_fd44_d971_818b_8f04271017a5"
      unitRef="USD_shares">17.43</cef:HighestPriceOrBidNav>
    <cef:LowestPriceOrBidNav
      contextRef="Q42021_CommonSharesMember"
      decimals="INF"
      id="h_30_8991623c_3ff9_803e_a1a2_0db2a3a04324"
      unitRef="USD_shares">16.69</cef:LowestPriceOrBidNav>
    <cef:HighestPriceOrBidPremiumDiscountToNavPercent
      contextRef="Q42021_CommonSharesMember"
      decimals="4"
      id="h_39_f46efae3_7a09_b02f_7155_8506e317de24"
      unitRef="pure">0.2106</cef:HighestPriceOrBidPremiumDiscountToNavPercent>
    <cef:LowestPriceOrBidPremiumDiscountToNavPercent
      contextRef="Q42021_CommonSharesMember"
      decimals="4"
      id="h_48_74511f53_aea2_c6a3_90c0_9bd334f3176c"
      unitRef="pure">0.1246</cef:LowestPriceOrBidPremiumDiscountToNavPercent>
    <cef:HighestPriceOrBid
      contextRef="Q32020_CommonSharesMember"
      decimals="INF"
      id="h_4_2937abc8_bb83_8a69_8fab_f04a25d4b3b5"
      unitRef="USD_shares">18.64</cef:HighestPriceOrBid>
    <cef:LowestPriceOrBid
      contextRef="Q32020_CommonSharesMember"
      decimals="INF"
      id="h_8_e9e21b53_6b8d_abf1_548c_2f32cf7f44e2"
      unitRef="USD_shares">17.48</cef:LowestPriceOrBid>
    <cef:HighestPriceOrBidNav
      contextRef="Q32020_CommonSharesMember"
      decimals="INF"
      id="h_22_1bdde45a_3c5a_d1e5_8243_9bd9236de5ac"
      unitRef="USD_shares">16.68</cef:HighestPriceOrBidNav>
    <cef:LowestPriceOrBidNav
      contextRef="Q32020_CommonSharesMember"
      decimals="INF"
      id="h_31_a4070b74_dab2_7cf0_c3dd_b4a818b46892"
      unitRef="USD_shares">16.03</cef:LowestPriceOrBidNav>
    <cef:HighestPriceOrBidPremiumDiscountToNavPercent
      contextRef="Q32020_CommonSharesMember"
      decimals="4"
      id="h_40_f041974f_1fdc_ae25_9768_3e055638e814"
      unitRef="pure">0.1175</cef:HighestPriceOrBidPremiumDiscountToNavPercent>
    <cef:LowestPriceOrBidPremiumDiscountToNavPercent
      contextRef="Q32020_CommonSharesMember"
      decimals="4"
      id="h_49_b2568e71_3660_b2ec_aad4_bd2766ded8b6"
      unitRef="pure">0.0905</cef:LowestPriceOrBidPremiumDiscountToNavPercent>
    <cef:HighestPriceOrBid
      contextRef="Q22020_CommonSharesMember"
      decimals="INF"
      id="h_9_85990f32_1a62_b8a2_37db_f6344eb017f6"
      unitRef="USD_shares">18.46</cef:HighestPriceOrBid>
    <cef:LowestPriceOrBid
      contextRef="Q22020_CommonSharesMember"
      decimals="INF"
      id="h_14_437a17d5_a16d_eeba_074c_33f4d8f3b1f8"
      unitRef="USD_shares">16.48</cef:LowestPriceOrBid>
    <cef:HighestPriceOrBidNav
      contextRef="Q22020_CommonSharesMember"
      decimals="INF"
      id="h_23_d2efa018_384b_0c6b_0649_042fd55effd8"
      unitRef="USD_shares">16.15</cef:HighestPriceOrBidNav>
    <cef:LowestPriceOrBidNav
      contextRef="Q22020_CommonSharesMember"
      decimals="INF"
      id="h_32_53acc8b5_8045_42ce_0a9b_badc4b7a998e"
      unitRef="USD_shares">15.44</cef:LowestPriceOrBidNav>
    <cef:HighestPriceOrBidPremiumDiscountToNavPercent
      contextRef="Q22020_CommonSharesMember"
      decimals="4"
      id="h_41_c6a80d9a_165e_f8ba_25ff_558dcdabf73b"
      unitRef="pure">0.1430</cef:HighestPriceOrBidPremiumDiscountToNavPercent>
    <cef:LowestPriceOrBidPremiumDiscountToNavPercent
      contextRef="Q22020_CommonSharesMember"
      decimals="4"
      id="h_50_a5f4329f_7e4f_9116_e37e_a354f4ddc865"
      unitRef="pure">0.0674</cef:LowestPriceOrBidPremiumDiscountToNavPercent>
    <cef:HighestPriceOrBid
      contextRef="Q12020_CommonSharesMember"
      decimals="INF"
      id="h_10_4d712f37_fbdd_29d2_ef98_abbe509e4ff2"
      unitRef="USD_shares">18.01</cef:HighestPriceOrBid>
    <cef:LowestPriceOrBid
      contextRef="Q12020_CommonSharesMember"
      decimals="INF"
      id="h_15_3a220d20_5c60_890f_554b_943f40e5c6c4"
      unitRef="USD_shares">11.82</cef:LowestPriceOrBid>
    <cef:HighestPriceOrBidNav
      contextRef="Q12020_CommonSharesMember"
      decimals="INF"
      id="h_24_15bbc83c_dd3e_e895_acb0_6369b7604363"
      unitRef="USD_shares">17.00</cef:HighestPriceOrBidNav>
    <cef:LowestPriceOrBidNav
      contextRef="Q12020_CommonSharesMember"
      decimals="INF"
      id="h_33_8db48d28_6540_ee7c_35cb_2b6596b979aa"
      unitRef="USD_shares">15.25</cef:LowestPriceOrBidNav>
    <cef:HighestPriceOrBidPremiumDiscountToNavPercent
      contextRef="Q12020_CommonSharesMember"
      decimals="4"
      id="h_42_2ea77810_2ca5_788f_b6b3_e6f0ce5e571d"
      unitRef="pure">0.0594</cef:HighestPriceOrBidPremiumDiscountToNavPercent>
    <cef:LowestPriceOrBidPremiumDiscountToNavPercent
      contextRef="Q12020_CommonSharesMember"
      decimals="4"
      id="h_51_a495e1b3_3dbf_cb81_1ef9_5cf08aa72eaf"
      unitRef="pure">-0.2249</cef:LowestPriceOrBidPremiumDiscountToNavPercent>
    <cef:HighestPriceOrBid
      contextRef="Q42020_CommonSharesMember"
      decimals="INF"
      id="h_11_e19409cd_e739_8196_42e7_da6a5106d1f4"
      unitRef="USD_shares">19.47</cef:HighestPriceOrBid>
    <cef:LowestPriceOrBid
      contextRef="Q42020_CommonSharesMember"
      decimals="INF"
      id="h_16_3eef6fd0_53c6_a66f_79fa_03fe0f6af684"
      unitRef="USD_shares">17.08</cef:LowestPriceOrBid>
    <cef:HighestPriceOrBidNav
      contextRef="Q42020_CommonSharesMember"
      decimals="INF"
      id="h_25_ac8d3621_b34a_e77c_2649_899cc1a57642"
      unitRef="USD_shares">17.14</cef:HighestPriceOrBidNav>
    <cef:LowestPriceOrBidNav
      contextRef="Q42020_CommonSharesMember"
      decimals="INF"
      id="h_34_0e65c03d_9983_2b10_1e7d_1c85d4c7b09f"
      unitRef="USD_shares">16.91</cef:LowestPriceOrBidNav>
    <cef:HighestPriceOrBidPremiumDiscountToNavPercent
      contextRef="Q42020_CommonSharesMember"
      decimals="4"
      id="h_43_3d70c64e_c033_6316_60a4_bad98cb9af87"
      unitRef="pure">0.1359</cef:HighestPriceOrBidPremiumDiscountToNavPercent>
    <cef:LowestPriceOrBidPremiumDiscountToNavPercent
      contextRef="Q42020_CommonSharesMember"
      decimals="4"
      id="h_52_03347b28_599f_f4e0_3927_f56fba40ed2b"
      unitRef="pure">0.0101</cef:LowestPriceOrBidPremiumDiscountToNavPercent>
    <cef:HighestPriceOrBid
      contextRef="Q32019_CommonSharesMember"
      decimals="INF"
      id="h_12_3ed5ad06_8723_648e_048b_31b2f8a00ea8"
      unitRef="USD_shares">19.77</cef:HighestPriceOrBid>
    <cef:LowestPriceOrBid
      contextRef="Q32019_CommonSharesMember"
      decimals="INF"
      id="h_17_a1e08afd_bf08_16a7_53d5_21eb1e84be59"
      unitRef="USD_shares">18.56</cef:LowestPriceOrBid>
    <cef:HighestPriceOrBidNav
      contextRef="Q32019_CommonSharesMember"
      decimals="INF"
      id="h_26_e344dc4d_1812_4d05_44bf_cdddb17e80d9"
      unitRef="USD_shares">17.63</cef:HighestPriceOrBidNav>
    <cef:LowestPriceOrBidNav
      contextRef="Q32019_CommonSharesMember"
      decimals="INF"
      id="h_35_2b275481_4024_ad58_1671_98478258099d"
      unitRef="USD_shares">17.46</cef:LowestPriceOrBidNav>
    <cef:HighestPriceOrBidPremiumDiscountToNavPercent
      contextRef="Q32019_CommonSharesMember"
      decimals="4"
      id="h_44_8d1d5bb7_5312_2ec9_9c1d_dcaad1c5ff82"
      unitRef="pure">0.1214</cef:HighestPriceOrBidPremiumDiscountToNavPercent>
    <cef:LowestPriceOrBidPremiumDiscountToNavPercent
      contextRef="Q32019_CommonSharesMember"
      decimals="4"
      id="h_53_0221da45_6993_a025_b2a3_88dd3cb4e7b1"
      unitRef="pure">0.0630</cef:LowestPriceOrBidPremiumDiscountToNavPercent>
    <cef:HighestPriceOrBid
      contextRef="Q22019_CommonSharesMember"
      decimals="INF"
      id="h_13_f8ca7ba2_3c1d_f940_9dcd_c0b0704c471f"
      unitRef="USD_shares">20.88</cef:HighestPriceOrBid>
    <cef:LowestPriceOrBid
      contextRef="Q22019_CommonSharesMember"
      decimals="INF"
      id="h_18_880c091f_39d3_5d98_5f18_84f162c6886e"
      unitRef="USD_shares">19.51</cef:LowestPriceOrBid>
    <cef:HighestPriceOrBidNav
      contextRef="Q22019_CommonSharesMember"
      decimals="INF"
      id="h_27_a9164056_c39b_567f_63e7_d93e9eb5db5c"
      unitRef="USD_shares">17.81</cef:HighestPriceOrBidNav>
    <cef:LowestPriceOrBidNav
      contextRef="Q22019_CommonSharesMember"
      decimals="INF"
      id="h_36_8d802b33_e1c9_ba75_ff60_a800f6da1fa5"
      unitRef="USD_shares">17.60</cef:LowestPriceOrBidNav>
    <cef:HighestPriceOrBidPremiumDiscountToNavPercent
      contextRef="Q22019_CommonSharesMember"
      decimals="4"
      id="h_45_a3e7dc3a_a459_e0d9_288e_6271bc9de1b0"
      unitRef="pure">0.1724</cef:HighestPriceOrBidPremiumDiscountToNavPercent>
    <cef:LowestPriceOrBidPremiumDiscountToNavPercent
      contextRef="Q22019_CommonSharesMember"
      decimals="4"
      id="h_54_3dd74a22_f818_c85b_8a02_e91812261613"
      unitRef="pure">0.1085</cef:LowestPriceOrBidPremiumDiscountToNavPercent>
    <cef:LatestSharePrice
      contextRef="I20210907_CommonSharesMember"
      decimals="INF"
      id="h_55_25f6ef0f_2c1a_3feb_33de_62017a335c8c"
      unitRef="USD_shares">21.34</cef:LatestSharePrice>
    <cef:LatestNav
      contextRef="I20210907_CommonSharesMember"
      decimals="INF"
      id="h_56_2743f7ed_149d_f236_98e0_eb25c35d2561"
      unitRef="USD_shares">17.10</cef:LatestNav>
    <cef:LatestPremiumDiscountToNavPercent
      contextRef="I20210907_CommonSharesMember"
      decimals="4"
      id="h_57_c995eee5_4d2b_cbae_d2e9_30c3c1d7353b"
      unitRef="pure">0.2480</cef:LatestPremiumDiscountToNavPercent>
    <cef:InvestmentObjectivesAndPracticesTextBlock
      contextRef="DefaultContext"
      id="t_1_87861ab0_d21d_eefc_11d6_dba76cfdbb15"> &lt;div&gt; &lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-weight: bold; margin-left: 0%; text-transform: uppercase;"&gt;INVESTMENT OBJECTIVE AND POLICIES&lt;/span&gt;&lt;/div&gt;  &lt;div style="line-height: 12.02pt; margin-top: 4.90pt; text-align: left;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-weight: bold;"&gt;Investment Objective&lt;/span&gt;&lt;/div&gt;  &lt;div style="line-height: 12.02pt; margin-top: 9.90pt; text-align: left;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;"&gt;The Fund&#x2019;s investment objective is to maximize total return through a combination of current income and capital &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;appreciation. The Fund&#x2019;s investment objective is considered fundamental and may not be changed without the approval of a &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;majority of the outstanding voting securities (as defined in the 1940 Act) of the Fund. The Fund cannot ensure investors that it &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;will achieve its investment objective.&lt;/span&gt;&lt;/div&gt;  &lt;div style="line-height: 12.02pt; margin-top: 10.00pt; text-align: left;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-weight: bold;"&gt;Investment Philosophy and Investment Process&lt;/span&gt;&lt;/div&gt;  &lt;div style="line-height: 12.02pt; margin-top: 10.00pt; text-align: left;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;"&gt;The Fund will pursue a relative value-based investment philosophy, which utilizes quantitative and qualitative analysis to &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;seek to identify securities or spreads between securities that deviate from their perceived fair value and/or historical norms. &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;The &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;Sub-Adviser seeks to combine a credit managed fixed-income portfolio with access to a diversified pool of alternative &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;investments and equity strategies. The Fund&#x2019;s investment philosophy is predicated upon the belief that thorough research and &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;independent thought are rewarded with performance that has the potential to outperform benchmark indexes with both lower &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;volatility and lower correlation of returns as compared to such benchmark indexes.&lt;/span&gt;&lt;/div&gt;  &lt;div style="line-height: 12.02pt; margin-top: 10.00pt; text-align: left;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;"&gt;The Sub-Adviser&#x2019;s analysis of a fixed-income security&#x2019;s credit quality is comprised of multiple elements, including, but &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;not limited to: (i) sector analysis, including regulatory developments and sector health, (ii) collateral, business, and counterparty &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;risk, which includes payment history, collateral performance, and borrower credit profile, (iii) structural analysis, which includes &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;securitization structure review and forms of credit enhancement, and (iv) stress analysis, including historical collateral &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;performance during extreme market stress and identifying tail risks. This analysis is applied against the macroeconomic outlook, &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;geopolitical issues as well as considerations that more directly affect the company&#x2019;s industry to determine the Sub-Adviser&#x2019;s &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;internal judgment as to the security&#x2019;s credit quality. In addition to the process described above, the Sub-Adviser selects securities &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;using a rigorous portfolio construction approach to tightly control independent risk exposures such as fixed income sector &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;weights, sector specific yield curves, credit spreads, prepayment risks, and other risk exposures the Sub-Adviser deems relevant. &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;Within those risk constraints, the Sub-Adviser estimates the relative value of different securities to select individual securities &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;that, in the Sub-Adviser&#x2019;s judgment, may provide risk-adjusted outperformance.&lt;/span&gt;&lt;/div&gt;  &lt;div style="line-height: 12.02pt; margin-top: 10.00pt; text-align: left;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;"&gt;The Sub-Adviser&#x2019;s process for determining whether to buy a security is a collaborative effort between various groups &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;including: (i) economic research, which focus on key economic themes and trends, regional and country-specific analysis, and &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;assessments of event-risk and policy impacts on asset prices, (ii) the Portfolio Construction Group, which utilize proprietary &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;portfolio construction and risk modeling tools to determine allocation of assets among a variety of sectors, (iii) its Sector &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;Specialists, who are responsible for identifying investment opportunities in particular securities within these sectors, including &lt;/span&gt;&lt;/div&gt;  &lt;div style="line-height: 12.02pt; text-align: left;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;the structuring of certain securities directly with the issuers or with investment banks and dealers involved in the origination of &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;such securities, and (iv) portfolio managers, who determine which securities best fit the Fund based on the Fund&#x2019;s investment &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;objective and top-down sector allocations. In managing the Fund, the Sub-Adviser uses a process for selecting securities for &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;purchase and sale that is based on intensive credit research and involves extensive due diligence on each issuer, region and &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;sector. The Sub-Adviser also considers macroeconomic outlook and geopolitical issues.&lt;/span&gt;&lt;/div&gt;  &lt;div style="line-height: 12.02pt; margin-top: 9.70pt; text-align: left;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 31pt;"&gt;The Sub-Adviser generally decides which securities to sell for the Fund based on one of three factors:&lt;/span&gt;&lt;/div&gt;  &lt;div style="float: left; line-height: 12.02pt; margin-left: 20.49pt; text-align: justify; width: 451.00pt;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;In the Sub-Adviser&#x2019;s judgment, the relative value measure of the instrument no longer indicates that the &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;instrument is cheap relative to similar instruments and a substitution of the instrument with a similar but cheaper &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;instrument enhances the risk-adjusted return potential of the portfolio.&lt;/span&gt;&lt;/div&gt;  &lt;div style="float: left; line-height: 12.02pt; margin-left: 20.49pt; text-align: justify; width: 451.00pt;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;The Sub-Adviser&#x2019;s fundamental analysis suggests that the embedded credit risk in an instrument has increased and &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;the instrument no longer properly compensates the holder for this increased risk.&lt;/span&gt;&lt;/div&gt;  &lt;div style="float: left; line-height: 12.02pt; margin-left: 20.49pt; text-align: justify; width: 451.00pt;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;The Sub-Adviser&#x2019;s fundamental sector allocation decisions result in the rebalancing of existing positions to &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;achieve the Sub-Adviser&#x2019;s desired sector exposures.&lt;/span&gt;&lt;/div&gt;  &lt;div style="line-height: 12.02pt; margin-top: 9.70pt; text-align: left;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-weight: bold;"&gt;Investment Policies&lt;/span&gt;&lt;/div&gt;  &lt;div style="line-height: 12.02pt; margin-top: 9.70pt; text-align: left;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;"&gt;The Fund will seek to achieve its investment objective by investing in a wide range of fixed-income and other debt and &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;senior equity securities (&#x201c;Income Securities&#x201d;) selected from a variety of sectors, including, but not limited to, U.S. government &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;and agency securities, corporate bonds, loans and loan participations, structured finance investments (including residential and &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;commercial mortgage-related securities, asset-backed securities, collateralized debt obligations and risk-linked securities), &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;mezzanine and preferred securities and convertible securities. &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;The Fund may invest in non-U.S. dollar-denominated Income &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;Securities issued by sovereign entities and corporations, including Income Securities of issuers in emerging market countries. &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;The Fund may invest in Income Securities of any credit quality, including, without limitation, Income Securities rated below-investment&lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt; grade (commonly referred to as &#x201c;high-yield&#x201d; or &#x201c;junk&#x201d; bonds), which are considered speculative with respect to the &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;issuer&#x2019;s capacity to pay interest and repay principal.&lt;/span&gt;&lt;/div&gt;  &lt;div style="line-height: 12.02pt; margin-top: 9.70pt; text-align: left;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;"&gt;The Fund may also invest in common stocks, limited liability company interests, trust certificates and other equity &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;investments (&#x201c;Common Equity Securities&#x201d;) that the Sub-Adviser believes offer attractive yield and/or capital appreciation &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;potential. As part of its Common Equity Securities strategy, the Fund currently intends to employ a strategy of writing &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;(selling) covered call options and may, from time to time, buy or sell put options on individual Common Equity Securities. In &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;addition to its covered call option strategy, the Fund may, to a lesser extent, pursue a strategy that includes the sale (writing) of &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;both covered call and put options on indices of securities and sectors of securities.&lt;/span&gt;&lt;/div&gt;  &lt;div style="line-height: 12.02pt; margin-top: 9.71pt; text-align: left;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;"&gt;The Fund may allocate its assets among a wide variety of Income Securities and Common Equity Securities, provided &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;that, under normal market conditions, the Fund will not invest more than:&lt;/span&gt;&lt;/div&gt;  &lt;div style="float: left; line-height: 12.02pt; margin-left: 20.49pt; text-align: left; width: 451.00pt;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;50% of its total assets in Common Equity Securities consisting of common stock;&lt;/span&gt;&lt;/div&gt;  &lt;div style="float: left; line-height: 12.02pt; margin-left: 20.49pt; text-align: justify; width: 451.00pt;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;30% of its total assets in other investment companies, including registered investment companies, private &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;investment funds and/or other pooled investment vehicles;&lt;/span&gt;&lt;/div&gt;  &lt;div style="float: left; line-height: 12.02pt; margin-left: 20.49pt; text-align: justify; width: 451.00pt;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;20% of its total assets in non-U.S. dollar-denominated Income Securities of corporate and governmental issuers &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;located outside the United States; and&lt;/span&gt;&lt;/div&gt;  &lt;div style="float: left; line-height: 12.02pt; margin-left: 20.49pt; text-align: left; width: 451.00pt;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;10% of its total assets in Income Securities of issuers in emerging markets.&lt;/span&gt;&lt;/div&gt;  &lt;div style="line-height: 12.02pt; margin-top: 9.80pt; text-align: left;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;"&gt;The percentage of the Fund&#x2019;s total assets allocated to any category of investment may at any given time be significantly &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;less than the percentage permitted pursuant to the above referenced investment policies.&lt;/span&gt;&lt;/div&gt;  &lt;div style="line-height: 12.02pt; margin-top: 9.80pt; text-align: left;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;"&gt;These policies may be changed by the Board of Trustees, but no change is anticipated. If the Fund&#x2019;s policies change, the &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;Fund will provide shareholders at least 60 days&#x2019; prior written notice before implementation of the change.&lt;/span&gt;&lt;/div&gt;  &lt;div style="line-height: 12.02pt; margin-top: 9.80pt; text-align: left;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;"&gt;Percentage limitations described in this Prospectus are as of the time of investment by the Fund and could thereafter be &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;exceeded as a result of market value fluctuations of the Fund&#x2019;s portfolio.&lt;/span&gt;&lt;/div&gt;  &lt;div style="line-height: 12.02pt; margin-top: 9.80pt; text-align: left;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-style: italic; margin-left: 29pt;"&gt;Credit Quality&lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;. The Fund may invest without limitation in securities rated below-investment grade (e.g., securities rated &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;below Baa3 by Moody&#x2019;s Investors Service, Inc. (&#x201c;Moody&#x2019;s&#x201d;), below BBB- by Standard &amp;amp; Poor&#x2019;s Ratings Group (&#x201c;S&amp;amp;P&#x201d;) or Fitch &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;Ratings (&#x201c;Fitch&#x201d;) or comparably rated by another nationally recognized statistical rating organization) or, if unrated, determined &lt;/span&gt;&lt;/div&gt;  &lt;div style="line-height: 12.02pt; text-align: left;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;by the Sub-Adviser to be of comparable quality. Securities rated below-investment grade are commonly referred to as &#x201c;high-yield&#x201d;&lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt; or &#x201c;junk bonds&#x201d; and are considered speculative with respect to the issuer&#x2019;s capacity to pay interest and repay principal. &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;The Fund&#x2019;s investments in any of the sectors and types of Income Securities in which the Fund may invest may include, without &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;limitation, below investment grade securities. Lower grade securities may be particularly susceptible to economic downturns. It &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;is likely that an economic recession could severely disrupt the market for such securities and may have an adverse effect on the &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;value of such securities. In addition, it is likely that any such economic downturn could adversely affect the ability of the issuers &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;of such securities to repay principal and pay interest thereon and increase the incidence of default for such securities.&lt;/span&gt;&lt;/div&gt;  &lt;div style="line-height: 12.02pt; margin-top: 10.30pt; text-align: left;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;"&gt;The Fund is not required to dispose of a security if an NRSRO or the Sub-Adviser downgrades its assessment of that &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;security. In determining whether to retain or sell a security that an NRSRO or the Sub-Adviser has downgraded, the Sub-Adviser &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;may consider such factors as its assessment of the credit quality of the security, the price at which the security could be sold, and &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;the rating, if any, assigned to the security by other ratings agencies. When the Sub-Adviser believes it to be in the best interests &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;of the Fund&#x2019;s shareholders, the Fund will reduce its investment in lower grade securities and, in certain market conditions, the &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;Fund may invest none of its assets in lower grade securities.&lt;/span&gt;&lt;/div&gt;  &lt;div style="line-height: 12.02pt; margin-top: 10.30pt; text-align: left;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;"&gt;Rating agencies, such as Moody&#x2019;s or S&amp;amp;P, are private services that provide ratings of the credit quality of debt &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;obligations. Ratings assigned by an NRSRO are not absolute standards of credit quality but represent the opinion of the NRSRO &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;as to the quality of the obligation. Ratings do not evaluate market risks or the liquidity of securities. Rating agencies may fail to &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;make timely changes in credit ratings and an issuer&#x2019;s current financial condition may be better or worse than a rating indicates. &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;To the extent that the issuer of a security pays an NRSRO for the analysis of its security, an inherent conflict of interest may &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;exist that could affect the reliability of the rating. Ratings are relative and subjective and, although ratings may be useful in &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;evaluating the safety of interest and principal payments, they do not evaluate the market value risk of such obligations. Although &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;these ratings may be an initial criterion for selection of portfolio investments, the Sub-Adviser also will independently evaluate &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;these securities and the ability of the issuers of such securities to pay interest and principal. To the extent that the Fund invests in &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;unrated lower grade securities, the Fund&#x2019;s ability to achieve its investment objective will be more dependent on the Sub-Adviser&#x2019;s&lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt; credit analysis than would be the case when the Fund invests in rated securities.&lt;/span&gt;&lt;/div&gt;  &lt;div style="line-height: 12.02pt; margin-top: 10.30pt; text-align: left;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;"&gt;Please refer to Appendix A to the SAI for more information regarding Moody&#x2019;s and S&amp;amp;P&#x2019;s ratings of fixed-income &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;securities.&lt;/span&gt;&lt;/div&gt; </cef:InvestmentObjectivesAndPracticesTextBlock>
    <cef:EffectsOfLeverageTextBlock
      contextRef="DefaultContext"
      id="t_1_e0e13b9b_a763_0c1d_119e_2685db62943c"> &lt;div style="line-height: 22.02pt; margin-top: 6.90pt; text-align: center;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-weight: bold; margin-left: 0%; text-transform: uppercase;"&gt;USE OF FINANCIAL LEVERAGE&lt;/span&gt;&lt;/div&gt;  &lt;div style="line-height: 12.02pt; margin-top: 4.90pt; text-align: left;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;"&gt;The Fund may seek to enhance the level of its current distributions by utilizing financial leverage through the issuance of &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;preferred shares (&#x201c;Preferred Shares&#x201d;), through borrowing or the issuance of commercial paper or other forms of debt &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;(&#x201c;Borrowings&#x201d;), through reverse repurchase agreements, dollar rolls or similar transactions or through a combination of the &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;foregoing (&#x201c;leveraged transactions&#x201d; and collectively &#x201c;Financial Leverage&#x201d;). The Fund may utilize Financial Leverage up to the &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;limits imposed by the 1940 Act; however, the aggregate amount of Financial Leverage is not currently expected to exceed 33&lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 6.01pt; position: relative; top: -2.67pt;"&gt;&#x200a;1&lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;&#x2215;&lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 6.01pt;"&gt;3&lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;% &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;of the Fund&#x2019;s Managed Assets after such issuance and/or borrowing. So long as the net rate of return on the Fund&#x2019;s investments &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;purchased with the proceeds of Financial Leverage exceeds the cost of such Financial Leverage, such excess amounts will be &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;available to pay higher distributions to holders of the Fund&#x2019;s Common Shares. There can be no assurance that a leveraging &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;strategy will be implemented or that it will be successful during any period during which it is employed.&lt;/span&gt;&lt;/div&gt;  &lt;div style="line-height: 12.02pt; margin-top: 10.00pt; text-align: left;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;"&gt;As of May 31, 2021, outstanding Borrowings under the Fund&#x2019;s committed facility agreement were $38.5&#160;million, which &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;represented approximately 3.1% of the Fund&#x2019;s Managed Assets as of such date. In addition, as of May&#160;31, 2021, the Fund had &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;reverse repurchase agreements outstanding representing Financial Leverage equal to approximately 26.8% of the Fund&#x2019;s &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;Managed Assets. As of May&#160;31, 2021, the Fund&#x2019;s total Financial Leverage represented approximately 29.9% of the Fund&#x2019;s &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;Managed Assets.&lt;/span&gt;&lt;/div&gt;  &lt;div style="line-height: 12.02pt; margin-top: 10.00pt; text-align: left;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;"&gt;The Fund&#x2019;s total Financial Leverage and leveraged transactions may vary significantly over time based on the Sub-Adviser&#x2019;s&lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt; assessment of market and economic conditions, available investment opportunities and cost of leverage. The Fund has &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;at times used significantly greater levels of leverage than on May 31, 2021, and may in the future increase leverage up to the &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;parameters set forth herein.&lt;/span&gt;&lt;/div&gt;  &lt;div style="line-height: 12.02pt; margin-top: 10.00pt; text-align: left;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-weight: bold;"&gt;Borrowing&lt;/span&gt;&lt;/div&gt;  &lt;div style="line-height: 12.02pt; margin-top: 10.00pt; text-align: left;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;"&gt;The Fund is authorized to borrow or issue debt securities for financial leveraging purposes and for temporary purposes &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;such as the settlement of transactions. The Fund may utilize indebtedness to the maximum extent permitted under the 1940 Act. &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;Under the 1940 Act, the Fund generally is not permitted to issue commercial paper or notes or engage in other Borrowings, &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;other than temporary borrowings as defined under the 1940 Act, unless, immediately after the Borrowing, the Fund would have &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;asset coverage (as defined in the 1940 Act) of less than 300%, as measured at the time of borrowing and calculated as the ratio &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;of the Fund&#x2019;s total assets (less all liabilities and indebtedness not represented by senior securities) over the aggregate amount of &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;the Fund&#x2019;s outstanding senior securities representing indebtedness. In addition, other than with respect to privately arranged &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;Borrowings, the Fund generally is not permitted to declare any cash dividend or other distribution on any class of the Fund&#x2019;s &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;capital stock, including the Common Shares, or purchase any such capital stock, unless, at the time of such declaration, the Fund &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;would have asset coverage (as described above) of at least 300% after deducting the amount of such dividend or other &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;distribution. If the Fund borrows, the Fund intends, to the extent possible, to prepay all or a portion of the principal amount of &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;any outstanding commercial paper, notes or other Borrowings to the extent necessary to maintain the required asset coverage.&lt;/span&gt;&lt;/div&gt;  &lt;div style="line-height: 12.02pt; margin-top: 10pt; text-align: left;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;"&gt;The terms of any such Borrowings may require the Fund to pay a fee to maintain a line of credit, such as a commitment &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;fee, or to maintain minimum average balances with a lender. Any such requirements would increase the cost of such Borrowings &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;over the stated interest rate. Such lenders would have the right to receive interest on and repayment of principal of any such &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;Borrowings, which right will be senior to those of the Common Shareholders. Any such Borrowings may contain provisions &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;limiting certain activities of the Fund, including the payment of dividends to Common Shareholders in certain circumstances. &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;Any Borrowings will likely be ranked senior or equal to all other existing and future Borrowings of the Fund.&lt;/span&gt;&lt;/div&gt;  &lt;div style="line-height: 12.02pt; margin-top: 10.40pt; text-align: left;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;"&gt;Certain types of Borrowings subject the Fund to covenants in credit agreements relating to asset coverage and portfolio &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;composition requirements. Certain Borrowings issued by the Fund also may subject the Fund to certain restrictions on &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;investments imposed by guidelines of one or more rating agencies, which may issue ratings for such Borrowings. Such &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;guidelines may impose asset coverage or portfolio composition requirements that are more stringent than those imposed by the &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;1940 Act. It is not anticipated that these covenants or guidelines will impede the Sub-Adviser from managing the Fund&#x2019;s &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;portfolio in accordance with the Fund&#x2019;s investment objective and policies.&lt;/span&gt;&lt;/div&gt;  &lt;div style="line-height: 12.02pt; margin-top: 10.29pt; text-align: left;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;"&gt;The 1940 Act grants to the holders of senior securities representing indebtedness issued by the Fund, other than with &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;respect to privately arranged Borrowings, certain voting rights in the event of default in the payment of interest on or repayment &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;of principal. Failure to maintain certain asset coverage requirements under the 1940 Act could result in an event of default and &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;entitle the debt holders to elect a majority of the Board.&lt;/span&gt;&lt;/div&gt;  &lt;div style="line-height: 12.02pt; margin-top: 10.30pt; text-align: left;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;"&gt;The Fund has entered into a committed facility agreement with BNP Paribas, dated as of November 20, 2008, and &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;amended through the date hereof, pursuant to which the Fund may borrow up to $80&#160;million (this amount will increase to the &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;greater of $750&#160;million or 50% of the Net Asset Value of the Fund at the closing of the mergers of Guggenheim Enhanced &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;Equity Income Fund and Guggenheim Credit Allocation Fund into the Fund). Interest payable by the Fund on Borrowings under &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;the committed facility agreement is based on the three- month London Interbank Offered Rate (LIBOR) plus 85&#160;basis points. An &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;unused commitment fee of 0.75% may be charged on the difference between the maximum committed amount and the actual &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;amount borrowed. On May 31, 2021, outstanding Borrowings under the Fund&#x2019;s committed facility agreement were &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;$38.5&#160;million. The Fund&#x2019;s Borrowings under the committed facility are collateralized by portfolio assets which are maintained &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;by the Fund in a separate account with the Fund&#x2019;s custodian for the benefit of the lender, which collateral exceeds the amount &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;borrowed. Securities deposited in the collateral account may, subject to certain conditions, be rehypothecated by BNP Paribas up &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;to the amount of the loan balance outstanding. The Fund continues to receive dividends and interest on rehypothecated &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;securities. The Fund also has the right to recall rehypothecated securities on demand and such securities shall be returned to the &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;collateral account within the ordinary settlement cycle. In the event a recalled security is not returned by the lender, the loan &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;balance outstanding will be reduced by the amount of the recalled security failed to be returned. The Fund receives a portion of &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;the fees earned by BNP Paribas in connection with the rehypothecation of portfolio securities. Rehypothecation of the Fund&#x2019;s &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;pledged portfolio securities entails risks, including the risk that the lender will be unable or unwilling to return rehypothecated &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;securities which could result in, among other things, the Fund&#x2019;s inability to find suitable investments to replace the unreturned &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;securities, thereby impairing the Fund&#x2019;s ability to achieve its investment objectives. In the event of a default by the Fund under &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;the committed facility, the lender has the right to sell such collateral assets to satisfy the Fund&#x2019;s obligation to the lender. The &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;amounts drawn under the committed facility may vary over time and such amounts will be reported in the Fund&#x2019;s audited and &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;unaudited financial statements contained in the Fund&#x2019;s annual and semi-annual reports to shareholders.&lt;/span&gt;&lt;/div&gt;  &lt;div style="line-height: 12.02pt; margin-top: 10.30pt; text-align: left;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-weight: bold;"&gt;Reverse Repurchase Agreements and Dollar Roll Transactions&lt;/span&gt;&lt;/div&gt;  &lt;div style="line-height: 12.02pt; margin-top: 10.30pt; text-align: left;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;"&gt;Borrowings may be made by the Fund through reverse repurchase agreements under which the Fund sells portfolio &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;securities to financial institutions such as banks and broker-dealers and agrees to repurchase them at a particular date and price. &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;Such agreements are considered to be borrowings under the 1940&#160;Act. The Fund may utilize reverse repurchase agreements &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;when it is anticipated that the interest income to be earned from the investment of the proceeds of the transaction is greater than &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;the interest expense of the transaction.&lt;/span&gt;&lt;/div&gt;  &lt;div style="line-height: 12.02pt; margin-top: 10.30pt; text-align: left;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;"&gt;Borrowings may be made by the Fund through dollar roll transactions. A dollar roll transaction involves a sale by the &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;Fund of a mortgage-backed or other fixed-income security concurrently with an agreement by the Fund to repurchase a similar &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;security at a later date at an agreed-upon price. The securities that are repurchased will bear the same interest rate and stated &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;maturity as those sold, but pools of mortgages collateralizing those securities may have different prepayment histories than those &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;sold. During the period between the sale and repurchase, the Fund will not be entitled to receive interest and principal payments &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;on the securities sold. Proceeds of the sale will be invested in additional instruments for the Fund, and the income from these &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;investments will generate income for the Fund. If such income does not exceed the income, capital appreciation and gain or loss &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;that would have been realized on the securities sold as part of the dollar roll, the use of this technique will diminish the &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;investment performance of the Fund compared with what the performance would have been without the use of dollar rolls.&lt;/span&gt;&lt;/div&gt;  &lt;div style="line-height: 12.02pt; margin-top: 10pt; text-align: left;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;"&gt;With respect to any reverse repurchase agreement, dollar roll or similar transaction, the Fund&#x2019;s Managed Assets shall &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;include any proceeds from the sale of an asset of the Fund to a counterparty in such a transaction, in addition to the value of the &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;underlying asset as of the relevant measuring date.&lt;/span&gt;&lt;/div&gt;  &lt;div style="line-height: 12.02pt; margin-top: 10.10pt; text-align: left;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;"&gt;With respect to Financial Leverage incurred through investments in reverse repurchase agreements, dollar rolls and &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;economically similar transactions, the Fund intends to earmark or segregate cash or liquid securities in accordance with &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;applicable interpretations of the staff of the SEC. As a result of such segregation, the Fund&#x2019;s obligations under such transactions &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;will not be considered senior securities representing indebtedness for purposes of the 1940 Act and the Fund&#x2019;s use of leverage &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;through reverse repurchase agreements, dollar rolls and economically similar transactions will not be limited by the 1940 Act. &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;However, the Fund&#x2019;s use of leverage through reverse repurchase agreements, dollar rolls and economically similar transactions &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;will be included when calculating the Fund&#x2019;s Financial Leverage and therefore will be limited by the Fund&#x2019;s maximum overall &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;leverage levels approved by the Board of Trustees (currently 33&lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 6.01pt; position: relative; top: -2.67pt;"&gt;&#x200a;1&lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;&#x2215;&lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 6.01pt;"&gt;3&lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;% of the Fund&#x2019;s Managed Assets) and may be further limited &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;by the availability of cash or liquid securities to earmark or segregate in connection with such transactions.&lt;/span&gt;&lt;/div&gt;  &lt;div style="line-height: 12.02pt; margin-top: 10.10pt; text-align: left;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;"&gt;As described below, the SEC adopted a final rule related to the use of derivatives, reverse repurchase agreements and &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;certain other transactions by registered investment companies that will rescind and withdraw the guidance of the SEC and its &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;staff regarding asset segregation and coverage transactions reflected in the Fund&#x2019;s asset segregation and cover practices &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;discussed herein. Under the final rule, when the Fund trades reverse repurchase agreements or similar financing transactions, &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;including certain tender option bonds, it needs to aggregate the amount of indebtedness associated with the reverse repurchase &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;agreements or similar financing transactions with the aggregate amount of any other senior securities representing indebtedness &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;when calculating the Fund&#x2019;s asset coverage ratio or treat all such transactions as derivatives transactions. Reverse repurchase &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;agreements or similar financing transactions aggregated with other indebtedness do not need to be included in the calculation of &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;whether the Fund is a limited derivatives user, but if the Fund is subject to the VaR testing requirement, reverse repurchase &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;agreements and similar financing transactions must be included for purposes of such testing whether treated as derivatives &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;transactions or not.&lt;/span&gt;&lt;/div&gt;  &lt;div style="line-height: 12.02pt; margin-top: 10.09pt; text-align: left;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-weight: bold;"&gt;Preferred Shares&lt;/span&gt;&lt;/div&gt;  &lt;div style="line-height: 12.02pt; margin-top: 10.10pt; text-align: left;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;"&gt;The Fund&#x2019;s Governing Documents provide that the Board may authorize and issue Preferred Shares with rights as &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;determined by the Board, by action of the Board without prior approval of the holders of the Common Shares. Common &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;Shareholders have no preemptive right to purchase any Preferred Shares that might be issued. &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;Any such Preferred Share offering &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;would be subject to the limits imposed by the 1940 Act. Although the Fund has no present intention to issue Preferred Shares, it &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;may in the future utilize Preferred Shares to the maximum extent permitted by the 1940 Act. Under the 1940 Act, the Fund may &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;not issue Preferred Shares if, immediately after issuance, the Fund would have asset coverage (as defined in the 1940 Act) of &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;less than 200%, calculated as the ratio of the Fund&#x2019;s total assets (less all liabilities and indebtedness not represented by senior &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;securities) over the aggregate amount of the Fund&#x2019;s outstanding senior securities representing indebtedness plus the aggregate &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;liquidation preference of any outstanding shares of preferred stock. In addition, the Fund generally is not permitted to declare &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;any cash dividend or other distribution on the Fund&#x2019;s Common Shares, or purchase any such Common Shares, unless, at the time &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;of such declaration, the Fund would have asset coverage (as described above) of at least 200% after deducting the amount of &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;such dividend or other distribution. The 1940 Act grants to the holders of senior securities representing stock issued by the Fund &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;certain voting rights. Failure to maintain certain asset coverage requirements under the 1940 Act could entitle the holders of &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;Preferred Shares to elect a majority of the Board. See &#x201c;Description of Capital Structure-Preferred Shares.&#x201d;&lt;/span&gt;&lt;/div&gt;  &lt;div style="line-height: 12.02pt; margin-top: 10.10pt; text-align: left;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-weight: bold;"&gt;Certain Portfolio Transactions&lt;/span&gt;&lt;/div&gt;  &lt;div style="line-height: 12.02pt; margin-top: 10.10pt; text-align: left;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;"&gt;In addition the Fund may engage in certain derivatives transactions that have economic characteristics similar to leverage. &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;To the extent the terms of such transactions obligate the Fund to make payments, under current regulatory requirements, the &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;Fund intends to earmark or segregate cash or liquid securities in an amount at least equal to the current value of the amount then &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;payable by the Fund under the terms of such transactions or otherwise cover such transactions in accordance with applicable &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;interpretations of the staff of the SEC.&lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt; To the extent the terms of such transactions obligate the Fund to deliver particular &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;securities to extinguish the Fund&#x2019;s obligations under such transactions the Fund may &#x201c;cover&#x201d; its obligations under such &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;transactions by either (i) owning the securities or collateral underlying such transactions or (ii) having an absolute and &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;immediate right to acquire such securities or collateral without additional cash consideration (or, if additional cash consideration &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;is required, having earmarked or segregated cash or liquid securities). Such segregation or cover is intended to provide the Fund &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;with available assets to satisfy its obligations under such transactions. As a result of such segregation or cover, the Fund&#x2019;s &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;obligations under such transactions will not be considered senior securities representing indebtedness for purposes of the 1940 &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;Act, or included in calculating the aggregate amount of the Fund&#x2019;s Financial Leverage. To the extent that the Fund&#x2019;s obligations &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;under such transactions are not so segregated or covered, such obligations may be considered &#x201c;senior securities representing &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;indebtedness&#x201d; under the 1940 Act and therefore subject to the 300% asset coverage requirement, as described above.&lt;/span&gt;&lt;/div&gt;  &lt;div style="line-height: 12.02pt; margin-top: 10pt; text-align: left;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;"&gt;In October 2020, the SEC adopted a final rule related to the use of derivatives, reverse repurchase agreements and certain &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;other transactions by registered investment companies that will rescind and withdraw the guidance of the SEC and its staff &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;regarding asset segregation and cover transactions reflected in the Fund&#x2019;s asset segregation and cover practices discussed herein. &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;The final rule requires the Fund to trade derivatives and other transactions that create future payment or delivery obligations &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;(except reverse repurchase agreements and similar financing transactions) subject to value-at-risk (&#x201c;VaR&#x201d;) leverage limits and &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;derivatives risk management program and reporting requirements. Generally, these requirements apply unless a fund satisfies a &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;&#x201c;limited derivatives users&#x201d; exception that is included in the final rule. Under the final rule, when the Fund trades reverse &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;repurchase agreements or similar financing transactions, including certain tender option bonds, it needs to aggregate the amount &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;of indebtedness associated with the reverse repurchase agreements or similar financing transactions with the aggregate amount &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;of any other senior securities representing indebtedness when calculating the fund&#x2019;s asset coverage ratio or treat all such &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;transactions as derivatives transactions. Reverse repurchase agreements or similar financing transactions aggregated with other &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;indebtedness do not need to be included in the calculation of whether a fund satisfies the limited derivatives users exception, but &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;for funds subject to the VaR testing requirement, reverse repurchase agreements and similar financing transactions must be &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;included for purposes of such testing whether treated as derivatives transactions or not. The SEC also provided guidance in &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;connection with the new rule regarding the use of securities lending collateral that may limit the Fund&#x2019;s securities lending &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;activities. Compliance with these new requirements will be required after an eighteen-month transition period. Following the &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;compliance date, these requirements may limit the ability of the Fund to use derivatives and reverse repurchase agreements and &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;similar financing transactions as part of its investment strategies. These requirements may increase the cost of the Fund&#x2019;s &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;investments and cost of doing business, which could adversely affect investors.&lt;/span&gt;&lt;/div&gt;  &lt;div style="line-height: 12.02pt; margin-top: 10.20pt; text-align: left;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-weight: bold;"&gt;Effects of Financial Leverage&lt;/span&gt;&lt;/div&gt;  &lt;div style="line-height: 12.02pt; margin-top: 10.20pt; text-align: left;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;"&gt;As of May 31, 2021, outstanding Borrowings under the committed facility agreement were $38.5 million, which &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;represented approximately 3.1% of the Fund&#x2019;s Managed Assets as of such date. In addition, as of May&#160;31, 2021, the Fund had &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;reverse repurchase agreements outstanding representing Financial Leverage equal to approximately 26.8% of the Fund&#x2019;s &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;Managed Assets.&lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt; As of May&#160;31, 2021, the Fund&#x2019;s total Financial Leverage represented approximately 29.9% of the Fund&#x2019;s &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;Managed Assets. Assuming the Fund&#x2019;s total Financial Leverage represented approximately 33&lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 6.01pt; position: relative; top: -2.67pt;"&gt;&#x200a;1&lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;&#x2215;&lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 6.01pt;"&gt;3&lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;% of the Fund&#x2019;s Managed Assets &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;and interest costs to the Fund at a combined average annual rate of 0.55% with respect to such Financial Leverage, then the &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;incremental income generated by the Fund&#x2019;s portfolio (net of estimated expenses including expenses related to the Financial &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;Leverage) must exceed approximately 0.18% to cover such interest expense. Of course, these numbers are merely estimates used &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;for illustration. The amount of Financial Leverage used by the Fund as well as actual interest expenses on such Financial &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;Leverage will vary.&lt;/span&gt;&lt;/div&gt;  &lt;div style="line-height: 12.02pt; margin-top: 10.10pt; text-align: left;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;"&gt;The following table is furnished pursuant to requirements of the SEC. It is designed to illustrate the effect of leverage on &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;Common Share total return, assuming investment portfolio total returns (comprised of income, net expenses and changes in the &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;value of investments held in the Fund&#x2019;s portfolio) of -10%, -5%, 0%, 5% and 10%. These assumed investment portfolio returns &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;are hypothetical figures and are not necessarily indicative of what the Fund&#x2019;s investment portfolio returns will be. The table &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;further assumes Financial Leverage representing approximately 33&lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 6.01pt; position: relative; top: -2.67pt;"&gt;&#x200a;1&lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;&#x2215;&lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 6.01pt;"&gt;3&lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;% of the Fund&#x2019;s Managed Assets and interest costs to the &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;Fund at a combined average annual rate of 0.55% with respect to such Financial Leverage.&lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 1pt; line-height: 1pt;"&gt;&#x2003;&lt;/span&gt;&lt;/div&gt;
&lt;table cellpadding="0" cellspacing="0" style="empty-cells: show; width: 516pt;"&gt;
&lt;tr style="height: 12pt;"&gt;
&lt;td style="background-color: #adfffc; padding-bottom: 4pt; padding-top: 4pt; vertical-align: Bottom; width: 305.93pt;"&gt; &lt;div style="line-height: 10pt; text-align: left;"&gt; &lt;div style="margin-right: 6pt; text-align: left; white-space: nowrap;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;"&gt;Assumed portfolio total return (net of expenses)&lt;/span&gt;&lt;/div&gt; &lt;/div&gt; &lt;/td&gt;
&lt;td style="background-color: #adfffc; padding-bottom: 4pt; padding-top: 4pt; vertical-align: Bottom; width: 49.55pt;"&gt; &lt;div style="line-height: 10pt; text-align: left;"&gt; &lt;div style="margin-left: 6.00pt; margin-right: 6.00pt; text-align: center; white-space: nowrap;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-right: -12.52pt;"&gt;(10.00)%&lt;/span&gt;&lt;/div&gt; &lt;/div&gt; &lt;/td&gt;
&lt;td style="background-color: #adfffc; padding-bottom: 4pt; padding-top: 4pt; vertical-align: Bottom; width: 44.55pt;"&gt; &lt;div style="line-height: 10pt; text-align: left;"&gt; &lt;div style="margin-left: 6.00pt; margin-right: 6.00pt; text-align: center; white-space: nowrap;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-right: -12.52pt;"&gt;(5.00)%&lt;/span&gt;&lt;/div&gt; &lt;/div&gt; &lt;/td&gt;
&lt;td style="background-color: #adfffc; padding-bottom: 4pt; padding-top: 4pt; vertical-align: Bottom; width: 41.21pt;"&gt; &lt;div style="line-height: 10pt; text-align: left;"&gt; &lt;div style="margin-left: 6.00pt; margin-right: 6.00pt; text-align: center; white-space: nowrap;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 3.34pt; margin-right: -10.02pt;"&gt;0.00%&lt;/span&gt;&lt;/div&gt; &lt;/div&gt; &lt;/td&gt;
&lt;td style="background-color: #adfffc; padding-bottom: 4pt; padding-top: 4pt; vertical-align: Bottom; width: 37.88pt;"&gt; &lt;div style="line-height: 10pt; text-align: left;"&gt; &lt;div style="margin-left: 6.00pt; margin-right: 6.00pt; text-align: center; white-space: nowrap;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-right: -10.02pt;"&gt;5.00%&lt;/span&gt;&lt;/div&gt; &lt;/div&gt; &lt;/td&gt;
&lt;td style="background-color: #adfffc; padding-bottom: 4pt; padding-top: 4pt; vertical-align: Bottom; width: 36.88pt;"&gt; &lt;div style="line-height: 10pt; text-align: left;"&gt; &lt;div style="margin-left: 4pt; text-align: center; white-space: nowrap;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-right: -10.02pt;"&gt;10.00%&lt;/span&gt;&lt;/div&gt; &lt;/div&gt; &lt;/td&gt; &lt;/tr&gt;
&lt;tr style="height: 9pt;"&gt;
&lt;td style="padding-bottom: 1.5pt; padding-top: 4pt; vertical-align: Bottom; width: 305.93pt;"&gt; &lt;div style="line-height: 10pt; text-align: left;"&gt; &lt;div style="margin-right: 6pt; text-align: left; white-space: nowrap;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;"&gt;Common Share total return&lt;/span&gt;&lt;/div&gt; &lt;/div&gt; &lt;/td&gt;
&lt;td style="padding-bottom: 1.5pt; padding-top: 4pt; vertical-align: Bottom; width: 49.55pt;"&gt; &lt;div style="line-height: 10pt; text-align: left;"&gt; &lt;div style="margin-left: 6.00pt; margin-right: 6.00pt; text-align: center; white-space: nowrap;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-right: -10.02pt;"&gt;-15.28%&lt;/span&gt;&lt;/div&gt; &lt;/div&gt; &lt;/td&gt;
&lt;td style="padding-bottom: 1.5pt; padding-top: 4pt; vertical-align: Bottom; width: 44.55pt;"&gt; &lt;div style="line-height: 10pt; text-align: left;"&gt; &lt;div style="margin-left: 6.00pt; margin-right: 6.00pt; text-align: center; white-space: nowrap;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-right: -10.02pt;"&gt;-7.78%&lt;/span&gt;&lt;/div&gt; &lt;/div&gt; &lt;/td&gt;
&lt;td style="padding-bottom: 1.5pt; padding-top: 4pt; vertical-align: Bottom; width: 41.21pt;"&gt; &lt;div style="line-height: 10pt; text-align: left;"&gt; &lt;div style="margin-left: 6.00pt; margin-right: 6.00pt; text-align: center; white-space: nowrap;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-right: -10.02pt;"&gt;-0.28%&lt;/span&gt;&lt;/div&gt; &lt;/div&gt; &lt;/td&gt;
&lt;td style="padding-bottom: 1.5pt; padding-top: 4pt; vertical-align: Bottom; width: 37.88pt;"&gt; &lt;div style="line-height: 10pt; text-align: left;"&gt; &lt;div style="margin-left: 6.00pt; margin-right: 6.00pt; text-align: center; white-space: nowrap;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-right: -10.02pt;"&gt;7.22%&lt;/span&gt;&lt;/div&gt; &lt;/div&gt; &lt;/td&gt;
&lt;td style="padding-bottom: 1.5pt; padding-top: 4pt; vertical-align: Bottom; width: 36.88pt;"&gt; &lt;div style="line-height: 10pt; text-align: left;"&gt; &lt;div style="margin-left: 4pt; text-align: center; white-space: nowrap;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-right: -10.02pt;"&gt;14.72%&lt;/span&gt;&lt;/div&gt; &lt;/div&gt; &lt;/td&gt; &lt;/tr&gt; &lt;/table&gt;   &lt;div style="line-height: 12.02pt; margin-top: 10pt; text-align: left;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;"&gt;Common Share total return is composed of two elements&#x2014;the Common Share dividends paid by the Fund (the amount &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;of which is largely determined by the Fund&#x2019;s net investment income after paying the carrying cost of Financial Leverage) and &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;realized and unrealized gains or losses on the value of the securities the Fund owns. As required by SEC rules, the table assumes &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;that the Fund is more likely to suffer capital loss than to enjoy capital appreciation. For example, to assume a total return of 0%, &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;the Fund must assume that the net investment income it receives on its investments is entirely offset by losses on the value of &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;those investments. This table reflects the hypothetical performance of the Fund&#x2019;s portfolio and not the performance of the Fund&#x2019;s &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;Common Shares, the value of which will be determined by market and other factors.&lt;/span&gt;&lt;/div&gt;  &lt;div style="line-height: 12.02pt; margin-top: 10.10pt; text-align: left;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;"&gt;During the time in which the Fund is utilizing Financial Leverage, the amount of the fees paid to the Investment Adviser &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;and the Sub-Adviser for investment advisory services will be higher than if the Fund did not utilize Financial Leverage because &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;the fees paid will be calculated based on the Fund&#x2019;s Managed Assets, which may create a conflict of interest between the &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;Investment Adviser and the Sub-Adviser and the Common Shareholders. In order to manage this conflict of interest, the Board &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;will receive regular reports from the Investment Adviser and the Sub-Adviser regarding the Fund&#x2019;s use of Financial Leverage &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;and the effect of Financial Leverage on the management of the Fund&#x2019;s portfolio and the performance of the Fund. Because the &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;Financial Leverage costs will be borne by the Fund at a specified rate, only the Fund&#x2019;s Common Shareholders will bear the cost &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;of the Fund&#x2019;s fees and expenses.&lt;/span&gt;&lt;/div&gt;  &lt;div style="line-height: 12.02pt; margin-top: 10pt; text-align: left;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-weight: bold;"&gt;Interest Rate Transactions&lt;/span&gt;&lt;/div&gt;  &lt;div style="line-height: 12.02pt; margin-top: 10.00pt; text-align: left;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;"&gt;In connection with the Fund&#x2019;s use of Financial Leverage, the Fund may enter into interest rate swap or cap transactions. &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;Interest rate swaps involve the Fund&#x2019;s agreement with the swap counterparty to pay a fixed-rate payment in exchange for the &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;counterparty&#x2019;s paying the Fund a variable rate payment that is intended to approximate all or a portion of the Fund&#x2019;s variable-rate &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;payment obligation on the Fund&#x2019;s Financial Leverage. The payment obligation would be based on the notional amount of the &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;swap, which will not exceed the amount of the Fund&#x2019;s Financial Leverage.&lt;/span&gt;&lt;/div&gt;  &lt;div style="line-height: 12.02pt; margin-top: 10.00pt; text-align: left;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;"&gt;The Fund may use an interest rate cap, which would require it to pay a premium to the cap counterparty and would entitle &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;it, to the extent that a specified variable-rate index exceeds a predetermined fixed rate, to receive payment from the counterparty &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;of the difference based on the notional amount. The Fund would use interest rate swaps or caps only with the intent to reduce or &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;eliminate the risk that an increase in short-term interest rates could have on Common Share net earnings as a result of leverage.&lt;/span&gt;&lt;/div&gt;  &lt;div style="line-height: 12.02pt; margin-top: 10.00pt; text-align: left;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;"&gt;The Fund will usually enter into swaps or caps on a net basis; that is, the two payment streams will be netted out in a cash &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;settlement on the payment date or dates specified in the instrument, with the Fund&#x2019;s receiving or paying, as the case may be, &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;only the net amount of the two payments. Under current regulatory requirements, the Fund intends to segregate cash or liquid &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;securities having a value at least equal to the Fund&#x2019;s net payment obligations under any swap transaction, marked-to-market &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;daily. The Fund will treat such amounts as illiquid.&lt;/span&gt;&lt;/div&gt;  &lt;div style="line-height: 12.02pt; margin-top: 10.00pt; text-align: left;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;"&gt;The use of interest rate swaps and caps is a highly specialized activity that involves investment techniques and risks &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;different from those associated with ordinary portfolio security transactions. Depending on the state of interest rates in general, &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;the Fund&#x2019;s use of interest rate instruments could enhance or harm the overall performance of the Common Shares. To the extent &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;there is a decline in interest rates, the net amount receivable by the Fund under the interest rate swap or cap could decline and &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;could thus result in a decline in the net asset value of the Common Shares. In addition, if short-term interest rates are lower than &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;the Fund&#x2019;s fixed rate of payment on the interest rate swap, the swap will reduce Common Share net earnings if the Fund must &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;make net payments to the counterparty. If, on the other hand, short-term interest rates are higher than the fixed rate of payment &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;on the interest rate swap, the swap will enhance Common Share net earnings if the Fund receives net payments from the &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;counterparty. Buying interest rate caps could enhance the performance of the Common Shares by limiting the Fund&#x2019;s maximum &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;leverage expense.&lt;/span&gt;&lt;/div&gt;  &lt;div style="line-height: 12.02pt; margin-top: 10.00pt; text-align: left;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;"&gt;Buying interest rate caps could also decrease the net earnings of the Common Shares if the premium paid by the Fund to &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;the counterparty exceeds the additional cost of the Financial Leverage that the Fund would have been required to pay had it not &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;entered into the cap agreement.&lt;/span&gt;&lt;/div&gt;  &lt;div style="line-height: 12.02pt; margin-top: 10.00pt; text-align: left;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;"&gt;Interest rate swaps and caps do not involve the delivery of securities or other underlying assets or principal. Accordingly, &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;the risk of loss with respect to interest rate swaps is limited to the net amount of interest payments that the Fund is contractually &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;obligated to make. If the counterparty defaults, the Fund would not be able to use the anticipated net receipts under the swap or &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;cap to offset the costs of the Financial Leverage. Depending on whether the Fund would be entitled to receive net payments from &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;the counterparty on the swap or cap, which in turn would depend on the general state of short-term interest rates at that point in &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;time, such a default could negatively impact the performance of the Common Shares.&lt;/span&gt;&lt;/div&gt;  &lt;div style="line-height: 12.02pt; margin-top: 10.00pt; text-align: left;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;"&gt;Although this will not guarantee that the counterparty does not default, the Fund will not enter into an interest rate swap &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;or cap transaction with any counterparty that the Sub-Adviser believes does not have the financial resources to honor its &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;obligation under the interest rate swap or cap transaction. Further, the Sub-Adviser will regularly monitor the financial stability &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;of a counterparty to an interest rate swap or cap transaction in an effort to proactively protect the Fund&#x2019;s investments.&lt;/span&gt;&lt;/div&gt;  &lt;div style="line-height: 12.02pt; margin-top: 10.00pt; text-align: left;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;"&gt;In addition, at the time the interest rate swap or cap transaction reaches its scheduled termination date, there is a risk that &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;the Fund will not be able to obtain a replacement transaction or that the terms of the replacement will not be as favorable as on &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;the expiring transaction. If this occurs, it could have a negative impact on the performance of the Common Shares.&lt;/span&gt;&lt;/div&gt;  &lt;div style="line-height: 12.02pt; margin-top: 10.00pt; text-align: left;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;"&gt;The Fund may choose or be required to redeem some or all Fund Preferred Shares, if any, or prepay any Borrowings. &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;Such a redemption or prepayment would likely result in the Fund&#x2019;s seeking to terminate early all or a portion of any swap or cap &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;transaction. Such early termination of a swap could result in a termination payment by or to the Fund. An early termination of a &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;cap could result in a termination payment to the Fund. There may also be penalties associated with early termination.&lt;/span&gt;&lt;/div&gt; </cef:EffectsOfLeverageTextBlock>
    <cef:AnnualInterestRatePercent
      contextRef="DefaultContext"
      decimals="4"
      id="h_1_ccde0284_5c86_b89c_5954_4561ef4cec31"
      unitRef="pure">0.0055</cef:AnnualInterestRatePercent>
    <cef:EffectsOfLeverageTableTextBlock
      contextRef="DefaultContext"
      id="t_2_1052b7bf_68f1_d85e_e5df_d166d0933af4">
&lt;table cellpadding="0" cellspacing="0" style="empty-cells: show; width: 516pt;"&gt;
&lt;tr style="height: 12pt;"&gt;
&lt;td style="background-color: #adfffc; padding-bottom: 4pt; padding-top: 4pt; vertical-align: Bottom; width: 305.93pt;"&gt; &lt;div style="line-height: 10pt; text-align: left;"&gt; &lt;div style="margin-right: 6pt; text-align: left; white-space: nowrap;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;"&gt;Assumed portfolio total return (net of expenses)&lt;/span&gt;&lt;/div&gt; &lt;/div&gt; &lt;/td&gt;
&lt;td style="background-color: #adfffc; padding-bottom: 4pt; padding-top: 4pt; vertical-align: Bottom; width: 49.55pt;"&gt; &lt;div style="line-height: 10pt; text-align: left;"&gt; &lt;div style="margin-left: 6.00pt; margin-right: 6.00pt; text-align: center; white-space: nowrap;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-right: -12.52pt;"&gt;(10.00)%&lt;/span&gt;&lt;/div&gt; &lt;/div&gt; &lt;/td&gt;
&lt;td style="background-color: #adfffc; padding-bottom: 4pt; padding-top: 4pt; vertical-align: Bottom; width: 44.55pt;"&gt; &lt;div style="line-height: 10pt; text-align: left;"&gt; &lt;div style="margin-left: 6.00pt; margin-right: 6.00pt; text-align: center; white-space: nowrap;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-right: -12.52pt;"&gt;(5.00)%&lt;/span&gt;&lt;/div&gt; &lt;/div&gt; &lt;/td&gt;
&lt;td style="background-color: #adfffc; padding-bottom: 4pt; padding-top: 4pt; vertical-align: Bottom; width: 41.21pt;"&gt; &lt;div style="line-height: 10pt; text-align: left;"&gt; &lt;div style="margin-left: 6.00pt; margin-right: 6.00pt; text-align: center; white-space: nowrap;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 3.34pt; margin-right: -10.02pt;"&gt;0.00%&lt;/span&gt;&lt;/div&gt; &lt;/div&gt; &lt;/td&gt;
&lt;td style="background-color: #adfffc; padding-bottom: 4pt; padding-top: 4pt; vertical-align: Bottom; width: 37.88pt;"&gt; &lt;div style="line-height: 10pt; text-align: left;"&gt; &lt;div style="margin-left: 6.00pt; margin-right: 6.00pt; text-align: center; white-space: nowrap;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-right: -10.02pt;"&gt;5.00%&lt;/span&gt;&lt;/div&gt; &lt;/div&gt; &lt;/td&gt;
&lt;td style="background-color: #adfffc; padding-bottom: 4pt; padding-top: 4pt; vertical-align: Bottom; width: 36.88pt;"&gt; &lt;div style="line-height: 10pt; text-align: left;"&gt; &lt;div style="margin-left: 4pt; text-align: center; white-space: nowrap;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-right: -10.02pt;"&gt;10.00%&lt;/span&gt;&lt;/div&gt; &lt;/div&gt; &lt;/td&gt; &lt;/tr&gt;
&lt;tr style="height: 9pt;"&gt;
&lt;td style="padding-bottom: 1.5pt; padding-top: 4pt; vertical-align: Bottom; width: 305.93pt;"&gt; &lt;div style="line-height: 10pt; text-align: left;"&gt; &lt;div style="margin-right: 6pt; text-align: left; white-space: nowrap;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.0pt;"&gt;Common Share total return&lt;/span&gt;&lt;/div&gt; &lt;/div&gt; &lt;/td&gt;
&lt;td style="padding-bottom: 1.5pt; padding-top: 4pt; vertical-align: Bottom; width: 49.55pt;"&gt; &lt;div style="line-height: 10pt; text-align: left;"&gt; &lt;div style="margin-left: 6.00pt; margin-right: 6.00pt; text-align: center; white-space: nowrap;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-right: -10.02pt;"&gt;-15.28%&lt;/span&gt;&lt;/div&gt; &lt;/div&gt; &lt;/td&gt;
&lt;td style="padding-bottom: 1.5pt; padding-top: 4pt; vertical-align: Bottom; width: 44.55pt;"&gt; &lt;div style="line-height: 10pt; text-align: left;"&gt; &lt;div style="margin-left: 6.00pt; margin-right: 6.00pt; text-align: center; white-space: nowrap;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-right: -10.02pt;"&gt;-7.78%&lt;/span&gt;&lt;/div&gt; &lt;/div&gt; &lt;/td&gt;
&lt;td style="padding-bottom: 1.5pt; padding-top: 4pt; vertical-align: Bottom; width: 41.21pt;"&gt; &lt;div style="line-height: 10pt; text-align: left;"&gt; &lt;div style="margin-left: 6.00pt; margin-right: 6.00pt; text-align: center; white-space: nowrap;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-right: -10.02pt;"&gt;-0.28%&lt;/span&gt;&lt;/div&gt; &lt;/div&gt; &lt;/td&gt;
&lt;td style="padding-bottom: 1.5pt; padding-top: 4pt; vertical-align: Bottom; width: 37.88pt;"&gt; &lt;div style="line-height: 10pt; text-align: left;"&gt; &lt;div style="margin-left: 6.00pt; margin-right: 6.00pt; text-align: center; white-space: nowrap;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-right: -10.02pt;"&gt;7.22%&lt;/span&gt;&lt;/div&gt; &lt;/div&gt; &lt;/td&gt;
&lt;td style="padding-bottom: 1.5pt; padding-top: 4pt; vertical-align: Bottom; width: 36.88pt;"&gt; &lt;div style="line-height: 10pt; text-align: left;"&gt; &lt;div style="margin-left: 4pt; text-align: center; white-space: nowrap;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-right: -10.02pt;"&gt;14.72%&lt;/span&gt;&lt;/div&gt; &lt;/div&gt; &lt;/td&gt; &lt;/tr&gt; &lt;/table&gt; </cef:EffectsOfLeverageTableTextBlock>
    <cef:ReturnAtMinusTenPercent
      contextRef="DefaultContext"
      decimals="4"
      id="h_2_3f90b2e5_78a8_be3d_b0da_5582866bff44"
      unitRef="pure">-0.1528</cef:ReturnAtMinusTenPercent>
    <cef:ReturnAtMinusFivePercent
      contextRef="DefaultContext"
      decimals="4"
      id="h_3_a99eb842_ac48_c4d3_08f0_022194849354"
      unitRef="pure">-0.0778</cef:ReturnAtMinusFivePercent>
    <cef:ReturnAtZeroPercent
      contextRef="DefaultContext"
      decimals="4"
      id="h_4_89bd5a51_936d_00b0_a1eb_b592d07cfbd5"
      unitRef="pure">-0.0028</cef:ReturnAtZeroPercent>
    <cef:ReturnAtPlusFivePercent
      contextRef="DefaultContext"
      decimals="4"
      id="h_5_27db5614_b1ee_8986_78f1_39fcf0255259"
      unitRef="pure">0.0722</cef:ReturnAtPlusFivePercent>
    <cef:ReturnAtPlusTenPercent
      contextRef="DefaultContext"
      decimals="4"
      id="h_6_2f1242b8_4b04_c4d3_0e3e_59beba851f60"
      unitRef="pure">0.1472</cef:ReturnAtPlusTenPercent>
    <cef:RiskFactorsTableTextBlock
      contextRef="DefaultContext"
      id="t_63_20e49647_11d4_0b4c_4bef_5eb4ae5cf429">&lt;div style="line-height: 22.02pt; margin-top: 6.99pt; text-align: center;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-weight: bold; margin-left: 0%; text-transform: uppercase;"&gt;RISKS&lt;/span&gt;&lt;/div&gt;&lt;div style="line-height: 12.02pt; margin-top: 5.00pt; text-align: left;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-style: italic; margin-left: 29pt;"&gt;Investors should consider the following risk factors and special considerations associated with investing in the Fund. &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-style: italic;"&gt;Investors should be aware that in light of the current uncertainty, volatility and distress in economies, financial markets, and &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-style: italic;"&gt;labor and health conditions over the world, the risks below are heightened significantly compared to normal conditions and &lt;/span&gt;&lt;/div&gt;&lt;div style="line-height: 12.02pt; text-align: left;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-style: italic;"&gt;therefore subject the Fund&#x2019;s investments and a shareholder&#x2019;s investment in the Fund to elevated investment risk, including the &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-style: italic;"&gt;possible loss of the entire principal amount invested. The fact that a particular risk below is not specifically identified as being &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-style: italic;"&gt;heightened under current conditions does not mean that the risk is not greater than under normal conditions.&lt;/span&gt;&lt;/div&gt;&lt;div style="line-height: 12.02pt; margin-top: 9.80pt; text-align: left;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-weight: bold;"&gt;Not a Complete Investment Program&lt;/span&gt;&lt;/div&gt;&lt;div style="line-height: 12.02pt; margin-top: 9.80pt; text-align: left;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;"&gt;An investment in the Common Shares of the Fund should not be considered a complete investment program. The Fund is &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;intended for long-term investors seeking current income and capital appreciation. An investment in the Fund is not meant to &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;provide a vehicle for those who wish to play short-term swings in the market. Each Common Shareholder should take into &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;account the Fund&#x2019;s investment objective as well as the Common Shareholder&#x2019;s other investments when considering an investment &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;in the Fund. Before making an investment decision, a prospective investor should consider (i) the suitability of this investment &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;with respect to his or her investment objectives and personal situation and (ii) factors such as his or her personal net worth, &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;income, age, risk tolerance and liquidity needs.&lt;/span&gt;&lt;/div&gt;&lt;div style="line-height: 12.02pt; margin-top: 9.90pt; text-align: left;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-weight: bold;"&gt;Investment and Market Risk&lt;/span&gt;&lt;/div&gt;&lt;div style="line-height: 12.02pt; margin-top: 9.90pt; text-align: left;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;"&gt;An investment in the Common Shares of the Fund is subject to investment risk, particularly under current economic, &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;financial, labor and health conditions, including the possible loss of the entire principal amount that you invest. &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;The global &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;ongoing crisis caused by the outbreak of COVID-19 and the current recovery underway is causing disruption to consumer &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;demand and economic output and supply chains. There are still travel restrictions and quarantines, and adverse impacts on local &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;and global economies. Investors should be aware that in light of the current uncertainty, volatility and distress in economies, &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;financial markets, and labor and public health conditions around the world, the Fund&#x2019;s investments and a shareholder&#x2019;s &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;investment in the Fund are subject to sudden and substantial losses, increased volatility and other adverse events. Firms through &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;which investors invest with the Fund, the Fund, its service providers, the markets in which it invests and market intermediaries &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;are also impacted by and similar measures intended to respond to and contain the ongoing pandemic, which can obstruct their &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;functioning and subject them to heightened operational and other risks. It is unknown how long current circumstances will &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;persist, whether they will reoccur in the future and whether efforts to support the economy and financial markets will be &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;successful.&lt;/span&gt;&lt;/div&gt;&lt;div style="line-height: 12.02pt; margin-top: 9.90pt; text-align: left;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;"&gt;An investment in the Common Shares of the Fund represents an indirect investment in the securities owned by the Fund. &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;The value of, or income generated by, the investments held by the Fund are subject to the possibility of rapid and unpredictable &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;fluctuation. These movements may result from factors affecting individual companies, or from broader influences, including real &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;or perceived changes in prevailing interest rates, changes in inflation or expectations about inflation, investor confidence or &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;economic, political, social or financial market conditions, natural/environmental disasters, , cyber-attacks, terrorism, &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;governmental or quasi-governmental actions, public health emergencies (such as the spread of infectious diseases, pandemics &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;and epidemics) and other similar events, that each of which may be temporary or last for extended periods. For example, the &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;risks of a borrower&#x2019;s default or bankruptcy or non-payment of scheduled interest or principal payments from senior floating rate &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;interests held by the Fund are especially acute under these conditions. Furthermore, interest rates and bond yields may fall as a &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;result of types of events, including responses by governmental entities to such events, which would magnify the Fund&#x2019;s fixed-income&lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt; instruments&#x2019; susceptibility to interest rate risk and diminish their yield and performance. Moreover, the Fund&#x2019;s &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;investments in ABS are subject to many of the same risks that are applicable to investments in securities generally, including &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;interest rate risk, credit risk, foreign currency risk, below-investment grade securities risk, financial leverage risk, prepayment &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;and regulatory risk, which would be elevated under the foregoing circumstances.&lt;/span&gt;&lt;/div&gt;&lt;div style="line-height: 12.02pt; margin-top: 9.90pt; text-align: left;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;"&gt;Different sectors, industries and security types may react differently to such developments and, when the market performs &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;well, there is no assurance that the Fund&#x2019;s investments will increase in value along with the broader markets. Volatility of &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;financial markets, including potentially extreme volatility caused by the events described above or other events, can expose the &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;Fund to greater market risk than normal, possibly resulting in greatly reduced liquidity. Moreover, changing economic, political, &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;social or financial market conditions in one country or geographic region could adversely affect the value, yield and return of &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;the investments held by the Fund in a different country or geographic region because of the increasingly interconnected global &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;economies and financial markets. The Adviser potentially could be prevented from considering, managing and executing &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;investment decisions at an advantageous time or price or at all as a result of any domestic or global market or other disruptions, &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;particularly disruptions causing heightened market volatility and reduced market liquidity, such as the current conditions, which &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;have also resulted in impediments to the normal functioning of workforces, including personnel and systems of the Fund&#x2019;s &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;service providers and market intermediaries. The value of the securities owned by the Fund may decline due to general market &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;conditions that are not specifically related to a particular issuer, such as real or perceived economic conditions, changes in &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;interest or currency rates or changes in investor sentiment or market outlook generally.&lt;/span&gt;&lt;/div&gt;&lt;div style="line-height: 12.02pt; margin-top: 9.90pt; text-align: left;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;"&gt;At any point in time, your Common Shares may be worth less than your original investment, including the reinvestment &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;of Fund dividends and distributions.&lt;/span&gt;&lt;/div&gt;&lt;div style="line-height: 12.02pt; margin-top: 10pt; text-align: left;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-weight: bold;"&gt;Management Risk&lt;/span&gt;&lt;/div&gt;&lt;div style="line-height: 12.02pt; margin-top: 10.30pt; text-align: left;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;"&gt;The Fund is subject to management risk because it has an actively managed portfolio. The Sub-Adviser will apply &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;investment techniques and risk analysis in making investment decisions for the Fund, but there can be no guarantee that these &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;will produce the desired results. The Fund&#x2019;s allocation of its investments across various asset classes and sectors may vary &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;significantly over time based on the Adviser&#x2019;s analysis and judgment. As a result, the particular risks most relevant to an &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;investment in the Fund, as well as the overall risk profile of the Fund&#x2019;s portfolio, may vary over time.&lt;/span&gt;&lt;/div&gt;&lt;div style="line-height: 12.02pt; margin-top: 10.30pt; text-align: left;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-weight: bold;"&gt;Income Risk&lt;/span&gt;&lt;/div&gt;&lt;div style="line-height: 12.02pt; margin-top: 10.30pt; text-align: left;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;"&gt;The income investors receive from the Fund is based primarily on the interest it earns from its investments in Income &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;Securities, which can vary widely over the short- and long-term. If prevailing market interest rates drop, investors&#x2019; income from &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;the Fund could drop as well. The Fund&#x2019;s income could also be affected adversely when prevailing short-term interest rates &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;increase and the Fund is utilizing leverage, although this risk is mitigated to the extent the Fund invests in floating-rate &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;obligations.&lt;/span&gt;&lt;/div&gt;&lt;div style="line-height: 12.02pt; margin-top: 10.30pt; text-align: left;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-weight: bold;"&gt;Dividend Risk&lt;/span&gt;&lt;/div&gt;&lt;div style="line-height: 12.02pt; margin-top: 10.30pt; text-align: left;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;"&gt;Dividends on common stock and other Common Equity Securities which the Fund may hold are not fixed but are &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;declared at the discretion of an issuer&#x2019;s board of directors. There is no guarantee that the issuers of the Common Equity &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;Securities in which the Fund invests will declare dividends in the future or that, if declared, they will remain at current levels or &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;increase over time. &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;Therefore, there is the possibility that such companies could reduce or eliminate the payment of dividends in &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;the future or the anticipated acceleration of dividends could not occur as a result of, among other things, a sharp rise in interest &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;rates or an economic downturn. Changes in the dividend policies of companies and capital resources available for these &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;companies&#x2019; dividend payments may adversely affect the Fund. Depending upon market conditions, dividend-paying stocks that &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;meet the Fund&#x2019;s investment criteria may not be widely available and/or may be highly concentrated in only a few market sectors. &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;These circumstances may result from issuer-specific events, adverse economic or market developments, or legislative or &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;regulatory changes or other developments that limit an issuer&#x2019;s ability to declare and pay dividends, which would affect the &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;Fund&#x2019;s performance and ability to generate income. The dividend income from the Fund&#x2019;s investment in Common Equity &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;Securities will be influenced by both general economic activity and issuer-specific factors. In the event of adverse changes in &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;economic conditions or adverse events effecting a specific industry or issuer, the issuers of the Common Equity Securities held &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;by the Fund may reduce the dividends paid on such securities.&lt;/span&gt;&lt;/div&gt;&lt;div style="line-height: 12.02pt; margin-top: 10.30pt; text-align: left;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-weight: bold;"&gt;Income Securities Risk&lt;/span&gt;&lt;/div&gt;&lt;div style="line-height: 12.02pt; margin-top: 10.30pt; text-align: left;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;"&gt;In addition to the risks discussed above, Income Securities, including high-yield bonds, are subject to certain risks, &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;including:&lt;/span&gt;&lt;/div&gt;&lt;div style="line-height: 12.02pt; margin-top: 10.30pt; text-align: left;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-style: italic; margin-left: 29pt;"&gt;Issuer Risk&lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;. The value of Income Securities may decline for a number of reasons which directly relate to the issuer, such &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;as management performance, financial leverage, reduced demand for the issuer&#x2019;s goods and services, historical and projected &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;earnings, and the value of its assets.&lt;/span&gt;&lt;/div&gt; &lt;div style="line-height: 12.02pt; margin-top: 10.30pt; text-align: left;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-style: italic; margin-left: 29pt;"&gt;Spread Risk&lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;. Spread risk is the risk that the market price can change due to broad based movements in spreads, which is &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;particularly relevant in the current low spread environment.&lt;/span&gt;&lt;/div&gt; &lt;div style="line-height: 12.02pt; margin-top: 10.30pt; text-align: left;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-style: italic;"&gt;Credit Risk&lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;. The Fund could lose money if the issuer or guarantor of a debt instrument or a counterparty to a derivatives &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;transaction or other transaction (such as a repurchase agreement or a loan of portfolio securities or other instruments) is unable &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;or unwilling, or perceived to be unable or unwilling, to pay interest or repay principal on time or defaults. If an issuer fails to pay &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;interest, the Fund&#x2019;s income would likely be reduced, and if an issuer fails to repay principal, the value of the instrument likely &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;would fall and the Fund could lose money. This risk is especially acute with respect to below investment grade debt instruments &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;(commonly referred to as &#x201c;high-yield&#x201d; or &#x201c;junk&#x201d; bonds) and unrated high risk debt instruments, whose issuers are particularly &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;susceptible to fail to meet principal or interest obligations under current conditions. Also, the issuer, guarantor or counterparty &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;may suffer adverse changes in its financial condition or be adversely affected by economic, political or social conditions that &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;could lower the credit quality (or the market&#x2019;s perception of the credit quality) of the issuer or instrument, leading to greater &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;volatility in the price of the instrument and in shares of the Fund. Although credit quality may not accurately reflect the true &lt;/span&gt;&lt;/div&gt;&lt;div style="line-height: 12.02pt; text-align: left;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;credit risk of an instrument, a change in the credit quality rating of an instrument or an issuer can have a rapid, adverse effect on &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;the instrument&#x2019;s liquidity and make it more difficult for the Fund to sell at an advantageous price or time. The risk of the &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;occurrence of these types of events is heightened under current conditions.&lt;/span&gt;&lt;/div&gt;&lt;div style="line-height: 12.02pt; margin-top: 9.61pt; text-align: left;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;"&gt;The degree of credit risk depends on the particular instrument and the financial condition of the issuer, guarantor or &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;counterparty, which are often reflected in its credit quality. Credit quality is a measure of the issuer&#x2019;s expected ability to make all &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;required interest and principal payments in a timely manner. An issuer with the highest credit rating has a very strong capacity &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;with respect to making all payments. An issuer with the second-highest credit rating has a strong capacity to make all payments, &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;but the degree of safety is somewhat less. An issuer with the lowest credit quality rating may be in default or have extremely &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;poor prospects of making timely payment of interest and principal. Credit ratings assigned by rating agencies are based on a &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;number of factors and subjective judgments and therefore do not necessarily represent an issuer&#x2019;s actual financial condition or &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;the volatility or liquidity of the security. Although higher-rated securities generally present lower credit risk as compared to &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;lower-rated or unrated securities, an issuer with a high credit rating may in fact be exposed to heightened levels of credit or &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;liquidity risk.&lt;/span&gt;&lt;/div&gt;&lt;div style="line-height: 12.02pt; margin-top: 9.60pt; text-align: left;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;"&gt;In addition, during recent conditions, many issuers have been unprofitable, have had little cash on hand and/or unable to &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;pay the interest owed on their debt obligations and the number of such issuers may increase if demand for their goods and &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;services falls, borrowing costs rise due to governmental action or inaction or for other reasons. Also, the issuer, guarantor or &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;counterparty may suffer adverse changes in its financial condition or reduced demand for its goods and services or be adversely &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;affected by economic, political, public health or social conditions that could lower the credit quality (or the market&#x2019;s perception &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;of the credit quality) of the issuer or instrument, leading to greater volatility in the price of the instrument and in shares of the &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;Fund.&lt;/span&gt;&lt;/div&gt;&lt;div style="line-height: 12.02pt; margin-top: 9.60pt; text-align: left;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;"&gt;If an issuer, guarantor or counterparty declares bankruptcy or is declared bankrupt, the Fund would likely be adversely &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;affected in its ability to receive principal or interest owed or otherwise to enforce the financial obligations of the other party. The &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;Fund may be subject to increased costs associated with the bankruptcy process and experience losses as a result of the &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;deterioration of the financial condition of the issuer, guarantor or counterparty. The risks to the Fund related to such &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;bankruptcies are elevated given the currently distressed economic, market, labor and public health conditions and would likely &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;be elevated under similar circumstances in the future.&lt;/span&gt;&lt;/div&gt;&lt;div style="line-height: 12.02pt; margin-top: 9.70pt; text-align: left;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-style: italic; margin-left: 29pt;"&gt;Interest Rate Risk&lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;. Fixed-income and other debt instruments are subject to the possibility that interest rates could change &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;(or are expected to change). Changes in interest rates, including changes in reference rates used in fixed-income and other debt &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;instruments (such as LIBOR), may adversely affect the Fund&#x2019;s investments in these instruments, such as the value or liquidity of, &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;and income generated by, the investments. In addition, changes in interest rates, including rates that fall below zero, can have &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;unpredictable effects on markets and can adversely affect the Fund&#x2019;s yield, income and performance.&lt;/span&gt;&lt;/div&gt;&lt;div style="line-height: 12.02pt; margin-top: 9.70pt; text-align: left;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;"&gt;The value of a debt instrument with a longer duration will generally be more sensitive to interest rate changes than a &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;similar instrument with a shorter duration. Similarly, the longer the average duration (whether positive or negative) of these &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;instruments held by the Fund or to which the Fund is exposed (i.e., the longer the average portfolio duration of the Fund), the &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;more the Fund&#x2019;s NAV will likely fluctuate in response to interest rate changes. Duration is a measure used to determine the &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;sensitivity of a security&#x2019;s price to changes in interest rates that incorporates a security&#x2019;s yield, coupon, final maturity and call &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;features, among other characteristics. For example, the NAV per share of a bond fund with an average duration of eight years &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;would be expected to fall approximately 8% if interest rates rose by one percentage point.&lt;/span&gt;&lt;/div&gt;&lt;div style="line-height: 12.02pt; margin-top: 9.70pt; text-align: left;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;"&gt;However, measures such as duration may not accurately reflect the true interest rate sensitivity of instruments held by the &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;Fund and, in turn, the Fund&#x2019;s susceptibility to changes in interest rates. Certain fixed-income and debt instruments are subject to &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;the risk that the issuer may exercise its right to redeem (or call) the instrument earlier than anticipated. Although an issuer may &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;call an instrument for a variety of reasons, if an issuer does so during a time of declining interest rates, the Fund might have to &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;reinvest the proceeds in an investment offering a lower yield or other less favorable features, and therefore might not benefit &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;from any increase in value as a result of declining interest rates. Interest only or principal only securities and inverse floaters are &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;particularly sensitive to changes in interest rates, which may impact the income generated by the security and other features of &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;the security.&lt;/span&gt;&lt;/div&gt;&lt;div style="line-height: 12.02pt; margin-top: 9.71pt; text-align: left;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;"&gt;Adjustable rate securities also react to interest rate changes in a similar manner as fixed-rate securities but generally to a &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;lesser degree depending on the characteristics of the security, in particular its reset terms (i.e., the index chosen, frequency of &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;reset and reset caps or floors). During periods of rising interest rates, because changes in interest rates on adjustable rate &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;securities may lag behind changes in market rates, the value of such securities may decline until their interest rates reset to &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;market rates. These securities also may be subject to limits on the maximum increase in interest rates. During periods of &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;declining interest rates, because the interest rates on adjustable rate securities generally reset downward, their market value is &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;unlikely to rise to the same extent as the value of comparable fixed rate securities. These securities may not be subject to limits &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;on downward adjustments of interest rates.&lt;/span&gt;&lt;/div&gt;&lt;div style="line-height: 12.02pt; margin-top: 10pt; text-align: left;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;"&gt;During periods of rising interest rates, issuers of debt securities or asset-backed securities may pay principal later or more &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;slowly than expected, which may reduce the value of the Fund&#x2019;s investment in such securities and may prevent the Fund from &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;receiving higher interest rates on proceeds reinvested in other instruments. During periods of falling interest rates, issuers of &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;debt securities or asset-backed securities may pay off debts more quickly or earlier than expected, which could cause the Fund to &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;be unable to recoup the full amount of its initial investment and/or cause the Fund to reinvest in lower-yielding securities, &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;thereby reducing the Fund&#x2019;s yield or otherwise adversely impacting the Fund.&lt;/span&gt;&lt;/div&gt;&lt;div style="line-height: 12.02pt; margin-top: 9.80pt; text-align: left;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;"&gt;Certain debt instruments, such as instruments with a negative duration or inverse instruments, are also subject to interest &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;rate risk, although such instruments generally react differently to changes in interest rates than instruments with positive &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;durations. The Fund&#x2019;s investments in these instruments also may be adversely affected by changes in interest rates. For example, &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;the value of instruments with negative durations, such as inverse floaters, generally decrease if interest rates decline.&lt;/span&gt;&lt;/div&gt;&lt;div style="line-height: 12.02pt; margin-top: 9.90pt; text-align: left;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;"&gt;The Fund&#x2019;s use of leverage will tend to increase Common Share interest rate risk. The Fund may utilize certain strategies, &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;including taking positions in futures or interest rate swaps, for the purpose of reducing the interest rate sensitivity of credit &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;securities held by the Fund and decreasing the Fund&#x2019;s exposure to interest rate risk. The Fund is not required to hedge its &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;exposure to interest rate risk and may choose not to do so. In addition, there is no assurance that any attempts by the Fund to &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;reduce interest rate risk will be successful or that any hedges that the Fund may establish will perfectly correlate with &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;movements in interest rates.&lt;/span&gt;&lt;/div&gt;&lt;div style="line-height: 12.02pt; margin-top: 9.90pt; text-align: left;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-style: italic; margin-left: 29pt;"&gt;Current Fixed-Income and Debt Market Conditions&lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;. Fixed-income and debt market conditions are highly unpredictable &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;and some parts of the market are subject to dislocations. In response to the crisis initially caused by the outbreak of COVID-19, &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;as with other serious economic disruptions, governmental authorities and regulators have enacted or are enacting significant &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;fiscal and monetary policy changes, including direct capital infusions into companies, new monetary programs and considerable &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;interest rate changes. These actions present heightened risks to fixed-income and debt instruments, and such risks could be even &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;further heightened if these actions are unexpectedly or suddenly reversed or are ineffective in achieving their desired outcomes. &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;In light of these actions and current conditions, interest rates and bond yields in the United States and many other countries are &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;at or near historic lows, and in some cases, such rates and yields are or have been negative. The current very low or negative &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;interest rates are magnifying the Fund&#x2019;s susceptibility to interest rate risk and diminishing yield and performance. In addition, &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;the current environment is exposing fixed-income and debt markets to significant volatility and reduced liquidity for the Fund&#x2019;s &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;investments. These or similar conditions may also occur in the future.&lt;/span&gt;&lt;/div&gt;&lt;div style="line-height: 12.02pt; margin-top: 9.90pt; text-align: left;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-style: italic; margin-left: 29pt;"&gt;Corporate Bond Risk&lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;. The market value of a corporate bond may be affected by factors directly related to the issuer, such &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;as investors&#x2019; perceptions of the creditworthiness of the issuer, the issuer&#x2019;s financial performance, perceptions of the issuer in the &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;market place, performance of management of the issuer, the issuer&#x2019;s capital structure and use of financial leverage and demand &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;for the issuer&#x2019;s goods and services. There is a risk that the issuers of corporate bonds may not be able to meet their obligations &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;on interest or principal payments at the time called for by an instrument or at all. Corporate bonds of below investment grade &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;quality are often high risk and have speculative characteristics and may be particularly susceptible to adverse issuer-specific and &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;other developments.&lt;/span&gt;&lt;/div&gt;&lt;div style="line-height: 12.02pt; margin-top: 9.90pt; text-align: left;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-style: italic; margin-left: 29pt;"&gt;Reinvestment Risk&lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;. Reinvestment risk is the risk that income from the Fund&#x2019;s portfolio will decline if the Fund invests the &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;proceeds from matured, traded or called Income Securities at market interest rates that are below the Fund portfolio&#x2019;s current &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;earnings rate. A decline in income could affect the Common Shares&#x2019; market price or the overall return of the Fund.&lt;/span&gt;&lt;/div&gt;&lt;div style="line-height: 12.02pt; margin-top: 9.90pt; text-align: left;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-style: italic; margin-left: 29pt;"&gt;Extension Risk&lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;. Certain debt instruments, including mortgage- and other asset-backed securities, are subject to the risk &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;that payments on principal may occur at a slower rate or later than expected. In this event, the expected maturity could lengthen &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;as short or intermediate-term instruments become longer-term instruments, which would make the investment more sensitive to &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;changes in interest rates. The likelihood that payments on principal will occur at a slower rate or later than expected is &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;heightened under the current conditions. In addition, the Fund&#x2019;s investment may sharply decrease in value and the Fund&#x2019;s income &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;from the investment may quickly decline. These types of instruments are particularly subject to extension risk, and offer less &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;potential for gains, during periods of rising interest rates. In addition, the Fund may be delayed in its ability to reinvest income &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;or proceeds from these instruments in potentially higher yielding investments, which would adversely affect the Fund to the &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;extent its investments are in lower interest rate debt instruments. Thus, changes in interest rates may cause volatility in the value &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;of and income received from these types of debt instruments.&lt;/span&gt;&lt;/div&gt;&lt;div style="line-height: 12.02pt; margin-top: 9.90pt; text-align: left;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-style: italic; margin-left: 29pt;"&gt;Prepayment Risk&lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;. Certain debt instruments, including loans and mortgage- and other asset-backed securities, are subject &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;to the risk that payments on principal may occur more quickly or earlier than expected (or an investment is converted or &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;redeemed prior to maturity).&#160;For example, an issuer may exercise its right to redeem outstanding debt securities prior to their &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;maturity (known as a &#x201c;call&#x201d;) or otherwise pay principal earlier than expected for a number of reasons (e.g., declining interest &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;rates, changes in credit spreads and improvements in the issuer&#x2019;s credit quality).If an issuer calls or &#x201c;prepays&#x201d; a security in which &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;the Fund has invested, the Fund may not recoup the full amount of its initial investment and may be required to reinvest in &lt;/span&gt;&lt;/div&gt;&lt;div style="line-height: 12.02pt; text-align: left;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;generally lower-yielding securities, securities with greater credit risks or securities with other, less favorable features or terms &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;than the security in which the Fund initially invested, thus potentially reducing the Fund&#x2019;s yield.&#160;Income Securities frequently &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;have call features that allow the issuer to repurchase the security prior to its stated maturity. Loans and mortgage- and other &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;asset-backed securities are particularly subject to prepayment risk, and offer less potential for gains, during periods of declining &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;interest rates (or narrower spreads) as issuers of higher interest rate debt instruments pay off debts earlier than expected. In &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;addition, the Fund may lose any premiums paid to acquire the investment. Other factors, such as excess cash flows, may also &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;contribute to prepayment risk.&#160;Thus, changes in interest rates may cause volatility in the value of and income received from these &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;types of debt instruments.&lt;/span&gt;&lt;/div&gt;&lt;div style="line-height: 12.02pt; margin-top: 9.80pt; text-align: left;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;"&gt;Variable or floating rate investments may be less vulnerable to prepayment risk. Most floating rate loans and fixed-income&lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt; securities allow for prepayment of principal without penalty. Accordingly, the potential for the value of a floating rate &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;loan or security to increase in response to interest rate declines is limited. Corporate loans or fixed-income securities purchased &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;to replace a prepaid corporate loan or security may have lower yields than the yield on the prepaid corporate loan or security.&lt;/span&gt;&lt;/div&gt;&lt;div style="line-height: 12.02pt; margin-top: 9.90pt; text-align: left;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-style: italic; margin-left: 29pt;"&gt;Liquidity Risk&lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;. The Fund may invest without limitation in Income Securities for which there is no readily available &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;trading market or which are unregistered, restricted or otherwise illiquid, including certain high-yield securities. The Fund may &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;invest in privately issued securities of both public and private companies, which may be illiquid. Securities of below investment &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;grade quality tend to be less liquid than investment grade debt securities, and securities of financial distressed or bankrupt &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;issuers may be particularly illiquid. Loans typically are not registered with the SEC and are not listed on any securities exchange &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;and may at times be illiquid. Loan investments through participations and assignments are typically illiquid. Structured finance &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;securities are typically privately offered and sold, and thus are not registered under the securities laws. As a result, investments in &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;structured finance securities may be characterized by the Fund as illiquid securities; however, an active dealer market may exist &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;which would allow such securities to be considered liquid in some circumstances. The securities and obligations of foreign &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;issuers, particular issuers in emerging markets, may be more likely to experience periods of illiquidity. Derivative instruments, &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;particularly privately-negotiated or OTC derivatives, may be illiquid, although can be no assurance that a liquid market will exist &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;when the Fund seeks to close out an exchange-traded derivative position.&lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; line-height: 12.02pt;"&gt; &lt;/span&gt;&lt;/div&gt;&lt;div style="line-height: 12.02pt; margin-top: 9.90pt; text-align: left;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;"&gt;The Fund may not be able to readily dispose of illiquid securities and obligations at prices that approximate those at &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;which the Fund could sell such securities and obligations if they were more widely traded and, as a result of such illiquidity, the &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;Fund may have to sell other investments or engage in borrowing transactions if necessary to raise cash to meet its obligations. As &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;a result, the Fund may be unable to achieve its desired level of exposure to certain issuers, asset classes or sectors. The capacity &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;of market makers of fixed-income and other debt instruments has not kept pace with the consistent growth in these markets over &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;the past three decades, which has led to reduced levels in the capacity of these market makers to engage in trading and, as a &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;result, dealer inventories of corporate fixed-income, floating rate and certain other debt instruments are at or near historic lows &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;relative to market size. In addition, limited liquidity could affect the market price of Income Securities, thereby adversely &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;affecting the Fund&#x2019;s NAV and ability to make distributions. Dislocations in certain parts of markets are resulting in reduced &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;liquidity for certain investments. It is uncertain when financial markets will improve. Liquidity of financial markets may also be &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;affected by government intervention.&lt;/span&gt;&lt;/div&gt;&lt;div style="line-height: 12.02pt; margin-top: 9.90pt; text-align: left;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-style: italic; margin-left: 29pt;"&gt;Valuation of Certain Income Securities Risk&lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;. The Sub-Adviser may use the fair value method to value investments if &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;market quotations for them are not readily available or are deemed unreliable, or if events occurring after the close of a securities &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;market and before the Fund values its assets would materially affect net asset value. Because the secondary markets for certain &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;investments may be limited, they may be difficult to value. Where market quotations are not readily available, valuation may &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;require more research than for more liquid investments. In addition, elements of judgment may play a greater role in valuation in &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;such cases than for investments with a more active secondary market because there is less reliable objective data available. A &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;security that is fair valued may be valued at a price higher or lower than the value determined by other funds using their own fair &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;valuation procedures. Prices obtained by the Fund upon the sale of such securities may not equal the value at which the Fund &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;carried the investment on its books, which would adversely affect the net asset value of the Fund.&lt;/span&gt;&lt;/div&gt;&lt;div style="line-height: 12.02pt; margin-top: 9.90pt; text-align: left;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-style: italic; margin-left: 29pt;"&gt;Duration and Maturity Risk&lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;. The Fund has no set policy regarding portfolio maturity or duration. Holding long duration &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;and long maturity investments will expose the Fund to certain magnified risks. These risks include interest rate risk, credit risk &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;and liquidity risks as discussed above. Generally speaking, the longer the duration of the Fund&#x2019;s portfolio, the more exposure the &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;Fund will have to interest rate risk described above.&lt;/span&gt;&lt;/div&gt;&lt;div style="line-height: 12.02pt; margin-top: 9.90pt; text-align: left;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-weight: bold;"&gt;Below-Investment Grade Securities Risk&lt;/span&gt;&lt;/div&gt;&lt;div style="line-height: 12.02pt; margin-top: 9.90pt; text-align: left;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;"&gt;The Fund may invest in Income Securities rated below-investment grade or, if unrated, determined by the Sub-Adviser to &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;be of comparable credit quality, which are commonly referred to as &#x201c;high-yield&#x201d; or &#x201c;junk&#x201d; bonds. Investment in securities of &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;below-investment grade quality involves substantial risk of loss, the risk of which is particularly acute under current conditions. &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;Income Securities of below-investment grade quality are predominantly speculative with respect to the issuer&#x2019;s capacity to pay &lt;/span&gt;&lt;/div&gt;&lt;div style="line-height: 12.02pt; text-align: left;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;interest and repay principal when due and therefore involve a greater risk of default or decline in market value due to adverse &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;economic and issuer-specific developments. Securities of below investment grade quality may involve a greater risk of default or &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;decline in market value due to adverse economic and issuer-specific developments, such as operating results and outlook and to &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;real or perceived adverse economic and competitive industry conditions. Generally, the risks associated with high yield &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;securities are heightened during times of weakening economic conditions or rising interest rates (particularly for issuers that are &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;highly leveraged) and are therefore heightened under current conditions. If the Fund is unable to sell an investment at its desired &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;time, the Fund may miss other investment opportunities while it holds investments it would prefer to sell, which could adversely &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;affect the Fund&#x2019;s performance. In addition, the liquidity of any Fund investment may change significantly over time as a result of &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;market, economic, trading, issuer-specific and other factors. Accordingly, the performance of the Fund and a shareholder&#x2019;s &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;investment in the Fund may be adversely affected if an issuer is unable to pay interest and repay principal, either on time or at &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;all. Issuers of below investment grade securities are not perceived to be as strong financially as those with higher credit ratings. &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;These issuers are more vulnerable to financial setbacks and recessions or other adverse economic developments than more &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;creditworthy issuers, which may impair their ability to make interest and principal payments. Income Securities of below-investment&lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt; grade quality display increased price sensitivity to changing interest rates and to a deteriorating economic &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;environment. The market values, total return and yield for securities of below investment grade quality tend to be more volatile &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;than the market values, total return and yield for higher quality bonds. Securities of below investment grade quality tend to be &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;less liquid than investment grade debt securities and therefore more difficult to value accurately and sell at an advantageous &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;price or time and may involve greater transactions costs and wider bid/ask spreads, than higher-quality securities. To the extent &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;that a secondary market does exist for certain below investment grade securities, the market for them may be subject to irregular &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;trading activity, wide bid/ask spreads and extended trade settlement periods. Because of the substantial risks associated with &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;investments in below investment grade securities, you could have an increased risk of losing money on your investment in &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;Common Shares, both in the short-term and the long-term. To the extent that the Fund invests in securities that have not been &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;rated by an NRSRO, the Fund&#x2019;s ability to achieve its investment objectives will be more dependent on the Adviser&#x2019;s credit &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;analysis than would be the case when the Fund invests in rated securities.&lt;/span&gt;&lt;/div&gt;&lt;div style="line-height: 12.02pt; margin-top: 10.30pt; text-align: left;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;"&gt;Successful investment in lower-medium and lower-rated debt securities may involve greater investment risk and is highly &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;dependent on the Adviser&#x2019;s credit analysis. The value of securities of below investment grade quality is particularly vulnerable to &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;changes in interest rates and a real or perceived economic downturn or higher interest rates could cause a decline in prices of &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;such securities by lessening the ability of issuers to make principal and interest payments. These securities are often thinly traded &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;or subject to irregular trading and can be more difficult to sell and value accurately than higher-quality securities because there &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;tends to be less public information available about these securities. Because objective pricing data may be less available, &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;judgment may play a greater role in the valuation process. In addition, the entire below investment grade market can experience &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;sudden and sharp price swings due to a variety of factors, including changes in economic forecasts, stock market activity, large &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;or sustained sales by major investors, a high-profile default, or a change in the market&#x2019;s psychology. Adverse conditions could &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;make it difficult at times for the Fund to sell certain securities or could result in lower prices than those used in calculating the &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;Fund&#x2019;s NAV.&lt;/span&gt;&lt;/div&gt;&lt;div style="line-height: 12.02pt; margin-top: 10.30pt; text-align: left;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-weight: bold;"&gt;Structured Finance Investments Risk&lt;/span&gt;&lt;/div&gt;&lt;div style="line-height: 12.02pt; margin-top: 10.29pt; text-align: left;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;"&gt;The Fund&#x2019;s structured finance investments may include residential and commercial mortgage-related and other ABS &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;issued by governmental entities and private issuers. Holders of structured finance investments bear risks of the underlying &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;investments, index or reference obligation and are subject to counterparty risk. &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;The Fund may have the right to receive payments &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;only from the structured product, and generally does not have direct rights against the issuer or the entity that sold the assets to &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;be securitized. While certain structured finance investments enable the investor to acquire interests in a pool of securities &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;without the brokerage and other expenses associated with directly holding the same securities, investors in structured finance &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;investments generally pay their share of the structured product&#x2019;s administrative and other expenses. Although it is difficult to &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;accurately predict whether the prices of indices and securities underlying structured finance investments will rise or fall, these &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;prices (and, therefore, the prices of structured finance investments) will be influenced by the same types of political, economic &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;and other events that affect issuers of securities and capital markets generally. If the issuer of a structured product uses shorter &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;term financing to purchase longer term securities, the issuer may be forced to sell its securities at below market prices if it &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;experiences difficulty in obtaining short-term financing, which may adversely affect the value of the structured finance &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;investment owned by the Fund.&lt;/span&gt;&lt;/div&gt;&lt;div style="line-height: 12.02pt; margin-top: 10.30pt; text-align: left;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;"&gt;The Fund may invest in structured finance products collateralized by low grade or defaulted loans or securities. &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;Investments in such structured finance products are subject to the risks associated with below investment grade securities. Such &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;securities are characterized by high risk. It is likely that an economic recession could severely disrupt the market for such &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;securities and may have an adverse impact on the value of such securities.&lt;/span&gt;&lt;/div&gt;&lt;div style="line-height: 12.02pt; margin-top: 10pt; text-align: left;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;"&gt;The Fund may invest in senior and subordinated classes issued by structured finance vehicles. The payment of cash flows &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;from the underlying assets to senior classes take precedence over those of subordinated classes, and therefore subordinated &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;classes are subject to greater risk. Furthermore, the leveraged nature of subordinated classes may magnify the adverse impact on &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;such class of changes in the value of the assets, changes in the distributions on the assets, defaults and recoveries on the assets, &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;capital gains and losses on the assets, prepayment on assets and availability, price and interest rates of assets.&lt;/span&gt;&lt;/div&gt;&lt;div style="line-height: 12.02pt; margin-top: 9.90pt; text-align: left;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;"&gt;Structured finance securities may be thinly traded or have a limited trading market. Structured finance securities are &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;typically privately offered and sold, and thus are not registered under the securities laws. As a result, investments in structured &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;finance securities may be characterized by the Fund as illiquid securities; however, an active dealer market may exist which &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;would allow such securities to be considered liquid in some circumstances.&lt;/span&gt;&lt;/div&gt;&lt;div style="line-height: 12.02pt; margin-top: 9.90pt; text-align: left;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-weight: bold;"&gt;Mortgage-Backed Securities Risk&lt;/span&gt;&lt;/div&gt;&lt;div style="line-height: 12.02pt; margin-top: 9.90pt; text-align: left;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;"&gt;Mortgage-backed securities (&#x201c;MBS&#x201d;) represent an interest in a pool of mortgages. MBS are subject to certain risks, such &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;as: credit risk associated with the performance of the underlying mortgage properties and of the borrowers owning these &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;properties; risks associated with their structure and execution (including the collateral, the process by which principal and &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;interest payments are allocated and distributed to investors and how credit losses affect the return to investors in such MBS); &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;risks associated with the servicer of the underlying mortgages; adverse changes in economic conditions and circumstances, &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;which are more likely to have an adverse impact on MBS secured by loans on certain types of commercial properties than on &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;those secured by loans on residential properties; prepayment risk, which can lead to significant fluctuations in the value of the &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;MBS; loss of all or part of the premium, if any, paid; and decline in the market value of the security, whether resulting from &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;changes in interest rates, prepayments on the underlying mortgage collateral or perceptions of the credit risk associated with the &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;underlying mortgage collateral. &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;The value of MBS may be substantially dependent on the servicing of the underlying pool of &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;mortgages. In addition, the Fund&#x2019;s level of investment in MBS of a particular type or in MBS issued or guaranteed by affiliated &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;obligors, serviced by the same servicer or backed by underlying collateral located in a specific geographic region, may subject &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;the Fund to additional risk.&lt;/span&gt;&lt;/div&gt;&lt;div style="line-height: 12.02pt; margin-top: 9.90pt; text-align: left;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;"&gt;When market interest rates decline, more mortgages are refinanced and the securities are paid off earlier than expected. &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;Prepayments may also occur on a scheduled basis or due to foreclosure. When market interest rates increase, the market values &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;of MBS decline. At the same time, however, mortgage refinancings and prepayments slow, which lengthens the effective &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;maturities of these securities. As a result, the negative effect of the rate increase on the market value of MBS is usually more &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;pronounced than it is for other types of debt securities. In addition, due to increased instability in the credit markets, the market &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;for some MBS has experienced reduced liquidity and greater volatility with respect to the value of such securities, making it &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;more difficult to value such securities. The Fund may invest in sub-prime mortgages or MBS that are backed by sub-prime &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;mortgages or defaulted or nonperforming loans.&lt;/span&gt;&lt;/div&gt;&lt;div style="line-height: 12.02pt; margin-top: 9.90pt; text-align: left;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;"&gt;Additional risks relating to investments in mortgage-backed securities may arise because of the type of mortgage-backed &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;securities in which the Fund invests, defined by the assets collateralizing the mortgage-backed securities. For example, CMOs &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;may have complex or highly variable prepayment terms, such as companion classes, interest only or principal only payments, &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;inverse floaters and residuals. These investments generally entail greater market, prepayment and liquidity risks than other &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;mortgage-backed securities, and may be more volatile or less liquid than other mortgage-backed securities. These risks are &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;heightened under the currently distressed economic, market, labor and public health conditions.&lt;/span&gt;&lt;/div&gt;&lt;div style="line-height: 12.02pt; margin-top: 9.90pt; text-align: left;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;"&gt;Moreover, the relationship between prepayments and interest rates may give some high-yielding MBS less potential for &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;growth in value than conventional bonds with comparable maturities. In addition, during periods of falling interest rates, the rate &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;of prepayment tends to increase. During such periods, the reinvestment of prepayment proceeds by the Fund will generally be at &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;lower rates than the rates that were carried by the obligations that have been prepaid. Because of these and other reasons, MBS&#x2019;s &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;total return and maturity may be difficult to predict precisely. To the extent that the Fund purchases MBS at a premium, &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;prepayments (which may be made without penalty) may result in loss of the Fund&#x2019;s principal investment to the extent of &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;premium paid.&lt;/span&gt;&lt;/div&gt;&lt;div style="line-height: 12.02pt; margin-top: 10.00pt; text-align: left;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;"&gt;MBS generally are classified as either CMBS or residential mortgage-backed securities RMBS, each of which are &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;subject to certain specific risks.&lt;/span&gt;&lt;/div&gt;&lt;div style="line-height: 12.02pt; margin-top: 10.00pt; text-align: left;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-style: italic; margin-left: 29pt;"&gt;Commercial Mortgage-Backed Securities Risk&lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;. The market for CMBS developed more recently and, in terms of total &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;outstanding principal amount of issues, is relatively small compared to the market for MBS. CMBS are subject to particular &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;risks, such as those associated with lack of standardized terms, shorter maturities than residential mortgage loans and payment &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;of all or substantially all of the principal only at maturity rather than regular amortization of principal. In addition, commercial &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;lending generally is viewed as exposing the lender to a greater risk of loss than residential lending. Commercial lending &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;typically involves larger loans to single borrowers or groups of related borrowers than residential mortgage loans. In addition, &lt;/span&gt;&lt;/div&gt;&lt;div style="line-height: 12.02pt; text-align: left;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;the repayment of loans secured by income producing properties typically is dependent upon the successful operation of the &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;related real estate project and the cash flow generated therefrom. Net operating income of an income- producing property can be &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;affected by, among other things: tenant mix, success of tenant businesses, property management decisions, property location and &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;condition, competition from comparable types of properties, changes in laws that increase operating expense or limit rents that &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;may be charged, any need to address environmental contamination at the property, the occurrence of any uninsured casualty at &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;the property, changes in national, regional or local economic conditions and/or specific industry segments, declines in regional &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;or local real estate values, declines in regional or local rental or occupancy rates, increases in interest rates, real estate tax rates &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;and other operating expenses, change in governmental rules, regulations and fiscal policies, including environmental legislation, &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;acts of God, terrorism, social unrest and civil disturbances.&lt;/span&gt;&lt;/div&gt;&lt;div style="line-height: 12.02pt; margin-top: 10.29pt; text-align: left;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;"&gt;Consequently, adverse changes in economic conditions and circumstances are more likely to have an adverse impact on &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;MBS secured by loans on commercial properties than on those secured by loans on residential properties. Economic downturns, &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;rises in unemployment and other events, such as public health emergencies, that limit the activities of and demand for &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;commercial retail and office spaces (such as the current COVID-19 crisis) adversely impact the value of such securities. &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;Additional risks may be presented by the type and use of a particular commercial property. Special risks are presented by &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;hospitals, nursing homes, hospitality properties and certain other property types. Commercial property values and net operating &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;income are subject to volatility, which may result in net operating income becoming insufficient to cover debt service on the &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;related mortgage loan. The exercise of remedies and successful realization of liquidation proceeds relating to CMBS may be &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;highly dependent on the performance of the servicer or special servicer. There may be a limited number of special servicers &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;available, particularly those that do not have conflicts of interest.&lt;/span&gt;&lt;/div&gt;&lt;div style="line-height: 12.02pt; margin-top: 10.30pt; text-align: left;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-style: italic; margin-left: 29pt;"&gt;Residential Mortgage-Backed Securities Risk&lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;. Credit-related risk on RMBS arises from losses due to delinquencies and &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;defaults by the borrowers in payments on the underlying mortgage loans and breaches by originators and servicers of their &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;obligations under the underlying documentation pursuant to which the RMBS are issued. The rate of delinquencies and defaults &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;on residential mortgage loans and the aggregate amount of the resulting losses will be affected by a number of factors, including &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;general economic conditions, particularly those in the area where the related mortgaged property is located, the level of the &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;borrower&#x2019;s equity in the mortgaged property and the individual financial circumstances of the borrower. If a residential mortgage &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;loan is in default, foreclosure on the related residential property may be a lengthy and difficult process involving significant &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;legal and other expenses. The net proceeds obtained by the holder on a residential mortgage loan following the foreclosure on &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;the related property may be less than the total amount that remains due on the loan. The prospect of incurring a loss upon the &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;foreclosure of the related property may lead the holder of the residential mortgage loan to restructure the residential mortgage &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;loan or otherwise delay the foreclosure process. These risks are elevated given the current distressed economic, market, public &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;health and labor conditions, notably, increased levels of unemployment relative to recent years, delays and delinquencies in &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;payments of mortgage and rent obligations, and uncertainty regarding the effects and extent of government intervention with &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;respect to mortgage payments and other economic matters.&lt;/span&gt;&lt;/div&gt;&lt;div style="line-height: 12.02pt; margin-top: 10.30pt; text-align: left;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-style: italic; margin-left: 29pt;"&gt;Sub-Prime Mortgage Market Risk&lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;. The residential mortgage market in the United States has experienced difficulties that &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;may adversely affect the performance and market value of certain mortgages and MBS. Delinquencies and losses on residential &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;mortgage loans (especially sub-prime and second-lien mortgage loans) generally have increased at times and may again &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;increase, and a decline in or flattening of housing values (as has been experienced at times and may again be experienced in &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;many housing markets) may exacerbate such delinquencies and losses. Borrowers with adjustable rate mortgage loans are more &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;sensitive to changes in interest rates, which affect their monthly mortgage payments, and may be unable to secure replacement &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;mortgages at comparably low interest rates. Also, a number of residential mortgage loan originators have experienced serious &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;financial difficulties or bankruptcy. Largely due to the foregoing, reduced investor demand for mortgage loans and MBS and &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;increased investor yield requirements caused limited liquidity in the secondary market for certain MBS, which can adversely &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;affect the market value of MBS. It is possible that such limited liquidity in such secondary markets could continue or worsen. If &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;the economy of the United States deteriorates further, the incidence of mortgage foreclosures, especially sub-prime mortgages, &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;may increase, which may adversely affect the value of any MBS owned by the Fund.&lt;/span&gt;&lt;/div&gt;&lt;div style="line-height: 12.02pt; margin-top: 10.30pt; text-align: left;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;"&gt;Any increase in prevailing market interest rates, which are currently near historical lows, may result in increased &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;payments for borrowers who have adjustable rate mortgages. Moreover, with respect to hybrid mortgage loans after their initial &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;fixed rate period, interest-only products or products having a lower rate, and with respect to mortgage loans with a negative &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;amortization feature which reach their negative amortization cap, borrowers may experience a substantial increase in their &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;monthly payment even without an increase in prevailing market interest rates. Increases in payments for borrowers may result in &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;increased rates of delinquencies and defaults on residential mortgage loans underlying the RMBS.&lt;/span&gt;&lt;/div&gt;&lt;div style="line-height: 12.02pt; margin-top: 10pt; text-align: left;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;"&gt;The significance of the mortgage crisis and loan defaults in residential mortgage loan sectors led to the enactment of &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;numerous pieces of legislation relating to the mortgage and housing markets. These actions, along with future legislation or &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;regulation, may have significant impacts on the mortgage market generally and may result in a reduction of available &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;transactional opportunities for the Fund or an increase in the cost associated with such transactions and may adversely impact &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;the value of RMBS.&lt;/span&gt;&lt;/div&gt;&lt;div style="line-height: 12.02pt; margin-top: 9.81pt; text-align: left;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;"&gt;During the mortgage crisis, a number of originators and servicers of residential and commercial mortgage loans, &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;including some of the largest originators and servicers in the residential and commercial mortgage loan market, experienced &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;serious financial difficulties. Such difficulties may affect the performance of non-agency RMBS and CMBS. There can be no &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;assurance that originators and servicers of mortgage loans will not continue to experience serious financial difficulties or &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;experience such difficulties in the future, including becoming subject to bankruptcy or insolvency proceedings, or that &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;underwriting procedures and policies and protections against fraud will be sufficient in the future to prevent such financial &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;difficulties or significant levels of default or delinquency on mortgage loans.&lt;/span&gt;&lt;/div&gt;&lt;div style="line-height: 12.02pt; margin-top: 9.90pt; text-align: left;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-weight: bold;"&gt;Asset-Backed Securities Risk&lt;/span&gt;&lt;/div&gt;&lt;div style="line-height: 12.02pt; margin-top: 9.90pt; text-align: left;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;"&gt;ABS are a form of structured debt obligation. In addition to the general risks associated with credit securities discussed &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;herein, ABS are subject to additional risks. &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;While traditional fixed-income securities typically pay a fixed rate of interest until &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;maturity, when the entire principal amount is due, an ABS represents an interest in a pool of assets, such as automobile loans, &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;credit card receivables, unsecured consumer loans or student loans, that has been securitized and provides for monthly payments &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;of interest, at a fixed or floating rate, and principal from the cash flow of these assets. This pool of assets (and any related assets &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;of the issuing entity) is the only source of payment for the ABS. The ability of an ABS issuer to make payments on the ABS, and &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;the timing of such payments, is therefore dependent on collections on these underlying assets. The recoveries on the underlying &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;collateral may not, in some cases, be sufficient to support payments on these securities, which may result in losses to investors in &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;an ABS.&lt;/span&gt;&lt;/div&gt;&lt;div style="line-height: 12.02pt; margin-top: 9.90pt; text-align: left;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;"&gt;Generally, obligors may prepay the underlying assets in full or in part at any time, subjecting the Fund to prepayment risk &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;related to the ABS it holds. While the expected repayment streams on ABS are determined by the contractual amortization &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;schedules for the underlying assets, an investor&#x2019;s yield to maturity on an ABS is uncertain and may be reduced by the rate and &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;speed of prepayments of the underlying assets, which may be influenced by a variety of economic, social and other factors. Any &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;prepayments, repurchases, purchases or liquidations of the underlying assets could shorten the average life of the ABS to an &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;extent that cannot be fully predicted. Some ABS may be structured to include a period of rapid amortization triggered by events &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;such as a significant rise in the default rate of the underlying collateral, a sharp drop in the credit enhancement level because of &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;credit losses on the underlying assets, a specified regulatory event or the bankruptcy of the originator. A rapid amortization &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;event will cause any revolving period to end earlier than expected and all collections on the underlying assets will be used to pay &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;principal to investors earlier than expected. In general, the senior most securities will be paid prior to any payments being made &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;on the subordinated securities, and if such payments are made earlier than expected, the Fund&#x2019;s yield on such ABS may be &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;negatively affected.&lt;/span&gt;&lt;/div&gt;&lt;div style="line-height: 12.02pt; margin-top: 9.90pt; text-align: left;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-weight: bold;"&gt;CLO, CDO and CBO Risk&lt;/span&gt;&lt;/div&gt;&lt;div style="line-height: 12.02pt; margin-top: 9.90pt; text-align: left;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;"&gt;In addition to the general risks associated with credit securities discussed herein, CLOs, CDOs and CBOs are subject to &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;additional risks. CLOs, CDOs and CBOs are subject to risks because of the involvement of multiple transaction parties related &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;to the underlying collateral and disruptions that may occur as a result of the restructuring or insolvency of the underlying &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;obligors, which are generally corporate obligors. &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;Unlike a consumer obligor that is generally obligated to make payments on the &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;collateral backing an ABS, the obligor on the collateral backing a CLO, a CDO or a CBO may have more effective defenses or &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;resources to cause a delay in payment or restructure the underlying obligation. If an obligor is permitted to restructure its &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;obligations, distributions from collateral securities may not be adequate to make interest or other payments.&lt;/span&gt;&lt;/div&gt;&lt;div style="line-height: 12.02pt; margin-top: 9.90pt; text-align: left;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;"&gt;The performance of CLOs, CDOs and CBOs depends primarily upon the quality of the underlying assets and the level of &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;credit support or enhancement in the structure and the relative priority of the interest in the issuer of the CLO, CDO or CBO &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;purchased by the Fund. In general, CLOs, CDOs and CBOs are actively managed by an asset manager that is responsible for &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;evaluating and acquiring the assets that will collateralize the CLO, CDO or CBO. The asset manager may have difficulty in &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;identifying assets that satisfy the eligibility criteria for the assets and may be restricted from trading the collateral. These criteria, &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;restrictions and requirements, while reducing the overall risk to the Fund, may limit the ability of the Adviser to maximize &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;returns on the CLOs, CDOs and CBOs if an opportunity is identified by the collateral manager. In addition, other parties &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;involved in CLOs, CDOs and CBOs, such as credit enhancement providers and investors in senior obligations of the CLO, CDO &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;or CBO may have the right to control the activities and discretion of the Adviser in a manner that is adverse to the interests of &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;the Fund. A CLO, CDO or CBO generally includes provisions that alter the priority of payments if performance metrics related &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;to the underlying collateral, such as interest coverage and minimum overcollateralization, are not met.&lt;/span&gt;&lt;/div&gt;&lt;div style="line-height: 12.02pt; margin-top: 10pt; text-align: left;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;"&gt;These provisions may cause delays in payments on the securities or an increase in prepayments depending on the relative &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;priority of the securities owned by the Fund. The failure of a CLO, CDO or CBO to make timely payments on a particular &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;tranche may have an adverse effect on the liquidity and market value of such tranche.&lt;/span&gt;&lt;/div&gt;&lt;div style="line-height: 12.02pt; margin-top: 9.90pt; text-align: left;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;"&gt;Payments to holders of CLOs, CDOs and CBOs may be subject to deferral. If cashflows generated by the underlying &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;assets are insufficient to make all current and, if applicable, deferred payments on the CLOs, CDOs and CBOs, no other assets &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;will be available for payment of the deficiency and, following realization of the underlying assets, the obligations of the issuer to &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;pay such deficiency will be extinguished.&lt;/span&gt;&lt;/div&gt;&lt;div style="line-height: 12.02pt; margin-top: 9.90pt; text-align: left;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;"&gt;The value of securities issued by CLOs, CDOs and CBOs also may change because of, among other things, changes in &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;market value; changes in the market&#x2019;s perception of the creditworthiness of the servicer of the assets, the originator of an asset in &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;the pool, or the financial institution or fund providing credit support or enhancement; loan performance and prices; broader &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;market sentiment, including expectations regarding future loan defaults, liquidity conditions and supply and demand for &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;structured products.&lt;/span&gt;&lt;/div&gt;&lt;div style="line-height: 12.02pt; margin-top: 9.90pt; text-align: left;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;"&gt;Section 13 of the Bank Holding Company Act of 1956, often referred to as the &#x201c;Volcker Rule,&#x201d; imposes restrictions on &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;banking entities&#x2019; ability to sponsor or invest in certain CLOs, CDOs and CBOs. These restrictions may have an adverse effect on &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;the CLO, CDO and CBO market generally, including the availability, liquidity and value of certain CLOs, CDOs and CBOs.&lt;/span&gt;&lt;/div&gt;&lt;div style="line-height: 12.02pt; margin-top: 9.90pt; text-align: left;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;"&gt;The Fund may invest in any portion of the capital structure of CLOs (including the subordinated, residual and deep &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;mezzanine debt tranches). As a result, the CLOs in which the Fund invests may have issued and sold debt tranches that will rank &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;senior to the tranches in which the Fund invests. By their terms, such more senior tranches may entitle the holders to receive &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;payment of interest or principal on or before the dates on which the Fund is entitled to receive payments with respect to the &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;tranches in which the Fund invests. Also, in the event of insolvency, liquidation, dissolution, reorganization or bankruptcy of a &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;CLO, holders of more senior tranches would typically be entitled to receive payment in full before the Fund receives any &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;distribution. After repaying such senior creditors, such CLO may not have any remaining assets to use for repaying its obligation &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;to the Fund. In the case of tranches ranking equally with the tranches in which the Fund invests, the Fund would have to share on &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;an equal basis any distributions with other creditors holding such securities in the event of an insolvency, liquidation, &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;dissolution, reorganization or bankruptcy of the relevant CLO. Therefore, the Fund may not receive back the full amount of its &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;investment in a CLO.&lt;/span&gt;&lt;/div&gt;&lt;div style="line-height: 12.02pt; margin-top: 9.90pt; text-align: left;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-style: italic; margin-left: 29pt;"&gt;CLO Subordinated Notes Risk&lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;. The Fund may invest in any portion of the capital structure of CLOs (including the &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;subordinated, residual and deep mezzanine debt tranches). Investment in the subordinated tranche is subject to special risks. The &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;subordinated tranche does not receive ratings and is considered the riskiest portion of the capital structure of a CLO. The &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;subordinated tranche is junior in priority of payment to the more senior tranches of the CLO and is subject to certain payment &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;restrictions. As a result, the subordinated tranche bears the bulk of defaults from the loans in the CLO. In addition, the &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;subordinated tranche generally has only limited voting rights and generally does not benefit from any creditors&#x2019; rights or ability &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;to exercise remedies under the indenture governing the CLO notes. Certain mezzanine tranches in which the Fund may invest &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;may also be subject to certain risks similar to risks associated with investment in the subordinated tranche.&lt;/span&gt;&lt;/div&gt;&lt;div style="line-height: 12.02pt; margin-top: 9.90pt; text-align: left;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;"&gt;The subordinated tranche is unsecured and ranks behind all of the secured creditors, known or unknown, of the CLO &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;issuer, including the holders of the secured notes it has issued. Consequently, to the extent that the value of the issuer&#x2019;s portfolio &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;of loan investments has been reduced as a result of conditions in the credit markets, defaulted loans, capital gains and losses on &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;the underlying assets, prepayment or changes in interest rates, the value of the subordinated tranche realized at redemption could &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;be reduced. If a CLO breaches certain tests set forth in the CLO&#x2019;s indenture, excess cash flow that would otherwise be available &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;for distribution to the subordinated tranche investors is diverted to prepay CLO debt investors in order of seniority until such &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;time as the covenant breach is cured. If the covenant breach is not or cannot be cured, the subordinated tranche investors (and &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;potentially other investors in lower priority rated tranches) may experience a partial or total loss of their investment. &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;Accordingly, the subordinated tranche may not be paid in full and may be subject to up to 100% loss. At the time of issuance, the &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;subordinated tranche of a CLO is typically under-collateralized in that the liabilities of a CLO at inception exceed its total &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;assets.&lt;/span&gt;&lt;/div&gt;&lt;div style="line-height: 12.02pt; margin-top: 10.00pt; text-align: left;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;"&gt;The leveraged nature of subordinated notes may magnify the adverse impact on the subordinated notes of changes in the &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;market value of the investments held by the issuer, changes in the distributions on those investments, defaults and recoveries on &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;those investments, capital gains and losses on those investments, prepayments on those investments and availability, prices and &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;interest rates of those investments.&lt;/span&gt;&lt;/div&gt;&lt;div style="line-height: 12.02pt; margin-top: 10.00pt; text-align: left;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;"&gt;Subordinated notes are not guaranteed by another party. There can be no assurance that distributions on the assets held by &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;the CLO will be sufficient to make any distributions or that the yield on the subordinated notes will meet the Fund&#x2019;s &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;expectations. Investments in the subordinated tranche of a CLO are generally less liquid than CLO debt tranches and subject to &lt;/span&gt;&lt;/div&gt;&lt;div style="line-height: 12.02pt; text-align: left;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;extensive transfer restrictions, and there may be no market for subordinated notes. Therefore Fund may be required to hold &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;subordinated notes for an indefinite period of time or until their stated maturity. Certain mezzanine tranches in which the Fund &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;may invest may also be subject to certain risks similar to risks associated with investment in the subordinated tranche.&lt;/span&gt;&lt;/div&gt;&lt;div style="line-height: 12.02pt; margin-top: 10.20pt; text-align: left;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-weight: bold;"&gt;Risks Associated with Risk-Linked Securities&lt;/span&gt;&lt;/div&gt;&lt;div style="line-height: 12.02pt; margin-top: 10.20pt; text-align: left;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;"&gt;RLS are a form of derivative issued by insurance companies and insurance-related special purpose vehicles that apply &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;securitization techniques to catastrophic property and casualty damages. &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;Unlike other insurable low-severity, high-probability &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;events (such as auto collision coverage), the insurance risk of which can be diversified by writing large numbers of similar &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;policies, the holders of a typical RLS are exposed to the risks from high-severity, low-probability events such as that posed by &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;major earthquakes or hurricanes. RLS represent a method of reinsurance, by which insurance companies transfer their own &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;portfolio risk to other reinsurance companies and, in the case of RLS, to the capital markets. A typical RLS provides for income &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;and return of capital similar to other fixed-income investments, but involves full or partial default if losses resulting from a &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;certain catastrophe exceeded a predetermined amount. In essence, investors invest funds in RLS and if a catastrophe occurs that &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;&#x201c;triggers&#x201d; the RLS, investors may lose some or all of the capital invested. In the case of an event, the funds are paid to the bond &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;sponsor &#x2014; an insurer, reinsurer or corporation &#x2014; to cover losses. In return, the bond sponsors pay interest to investors for this &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;catastrophe protection. RLS can be structured to pay-off on three types of variables&#x2014;insurance-industry catastrophe loss &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;indices, insure-specific catastrophe losses and parametric indices based on the physical characteristics of catastrophic events. &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;Such variables are difficult to predict or model, and the risk and potential return profiles of RLS may be difficult to assess. &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;Catastrophe-related RLS have been in use since the 1990s, and the securitization and risk-transfer aspects of such RLS are &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;beginning to be employed in other insurance and risk-related areas. No active trading market may exist for certain RLS, which &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;may impair the ability of the Fund to realize full value in the event of the need to liquidate such assets.&lt;/span&gt;&lt;/div&gt;&lt;div style="line-height: 12.02pt; margin-top: 10.20pt; text-align: left;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-weight: bold;"&gt;Risks Associated with Structured Notes&lt;/span&gt;&lt;/div&gt;&lt;div style="line-height: 12.02pt; margin-top: 10.19pt; text-align: left;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;"&gt;Investments in structured notes involve risks associated with the issuer of the note and the reference instrument. Where &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;the Fund&#x2019;s investments in structured notes are based upon the movement of one or more factors, including currency exchange &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;rates, interest rates, referenced bonds and stock indices, depending on the factor used and the use of multipliers or deflators, &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;changes in interest rates and movement of the factor may cause significant price fluctuations. Additionally, changes in the &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;reference instrument or security may cause the interest rate on the structured note to be reduced to zero, and any further changes &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;in the reference instrument may then reduce the principal amount payable on maturity. Structured notes may be less liquid than &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;other types of securities and more volatile than the reference instrument or security underlying the note.&lt;/span&gt;&lt;/div&gt;&lt;div style="line-height: 12.02pt; margin-top: 10.20pt; text-align: left;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-weight: bold;"&gt;Senior Loans Risk&lt;/span&gt;&lt;/div&gt;&lt;div style="line-height: 12.02pt; margin-top: 10.19pt; text-align: left;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;"&gt;The Fund may invest in senior secured floating rate Loans made to corporations and other non-governmental entities and &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;issuers (&#x201c;Senior Loans&#x201d;). Senior Loans typically hold the most senior position in the capital structure of the issuing entity, are &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;typically secured with specific collateral and typically have a claim on the assets of the borrower, including stock owned by the &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;borrower in its subsidiaries, that is senior to that held by junior lien creditors, subordinated debt holders and stockholders of the &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;borrower. The Fund&#x2019;s investments in Senior Loans are typically below-investment grade and are considered speculative because &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;of the credit risk of the applicable issuer.&lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; line-height: 12.02pt;"&gt; &lt;/span&gt;&lt;/div&gt;&lt;div style="line-height: 12.02pt; margin-top: 10.10pt; text-align: left;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;"&gt;There is less readily-available, reliable information about most Senior Loans than is the case for many other types of &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;securities. In addition, there is rarely a minimum rating or other independent evaluation of a borrower or its securities, and the &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;Adviser relies primarily on its own evaluation of a borrower&#x2019;s credit quality rather than on any available independent sources. As &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;a result, the Fund is particularly dependent on the analytical abilities of the Adviser with respect to investments in Senior Loans. &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;The Adviser&#x2019;s judgment about the credit quality of a borrower may be wrong.&lt;/span&gt;&lt;/div&gt;&lt;div style="line-height: 12.02pt; margin-top: 10.10pt; text-align: left;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;"&gt;The risks associated with Senior Loans of below-investment grade quality are similar to the risks of other lower grade &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;Income Securities, although Senior Loans are typically senior in payment priority and secured on a senior priority basis, in &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;contrast to subordinated and unsecured Income Securities. Senior Loans&#x2019; higher priority has historically resulted in generally &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;higher recoveries in the event of a corporate reorganization. In addition, because their interest payments are adjusted for changes &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;in short-term interest rates, investments in Senior Loans have less interest rate risk than certain other lower grade Income &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;Securities, which may have fixed interest rates. The Fund&#x2019;s investments in Senior Loans are typically below-investment grade &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;and are considered speculative because of the credit risk of their issuers. Such companies are more likely to default on their &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;payments of interest and principal owed to the Fund, and such defaults could reduce the Fund&#x2019;s net asset value and income &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;distributions. An economic downturn generally leads to a higher non-payment rate, and a debt obligation may lose significant &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;value before a default occurs. Moreover, any specific collateral used to secure a Senior Loan may decline in value or become &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;illiquid, which would adversely affect the Senior Loan&#x2019;s value.&lt;/span&gt;&lt;/div&gt;&lt;div style="line-height: 12.02pt; margin-top: 10pt; text-align: left;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;"&gt;Economic and other events (whether real or perceived) can reduce the demand for certain Senior Loans or Senior Loans &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;generally, which may reduce market prices and cause the Fund&#x2019;s net asset value per share to fall. The frequency and magnitude &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;of such changes cannot be predicted.&lt;/span&gt;&lt;/div&gt;&lt;div style="line-height: 12.02pt; margin-top: 9.90pt; text-align: left;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;"&gt;Loans and other debt instruments are also subject to the risk of price declines due to increases in prevailing interest rates, &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;although floating-rate debt instruments are substantially less exposed to this risk than fixed-rate debt instruments. Interest rate &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;changes may also increase prepayments of debt obligations and require the Fund to invest assets at lower yields. No active &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;trading market may exist for certain Senior Loans, which may impair the ability of the Fund to realize full value in the event of &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;the need to liquidate such assets. Adverse market conditions may impair the liquidity of some actively traded Senior Loans.&lt;/span&gt;&lt;/div&gt;&lt;div style="line-height: 12.02pt; margin-top: 9.90pt; text-align: left;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-weight: bold;"&gt;Second Lien Loans Risk&lt;/span&gt;&lt;/div&gt;&lt;div style="line-height: 12.02pt; margin-top: 9.90pt; text-align: left;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;"&gt;The Fund may invest in &#x201c;second lien&#x201d; secured floating rate Loans made by public and private corporations and other non-governmental&lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt; entities and issuers for a variety of purposes (&#x201c;Second Lien Loans&#x201d;). Second Lien Loans are typically second in &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;right of payment and/or second in right of priority with respect to collateral remedies to one or more Senior Loans of the related &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;borrower. &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;Second Lien Loans are subject to the same risks associated with investment in Senior Loans and other lower grade &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;Income Securities. However, Second Lien Loans are second in right of payment and/or second in right of priority with respect to &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;collateral remedies to Senior Loans and therefore are subject to the additional risk that the cash flow of the borrower and/or the &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;value of any property securing the Loan may be insufficient to meet scheduled payments or otherwise be available to repay the &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;Loan after giving effect to payments in respect of a Senior Loan, including payments made with the proceeds of any property &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;securing the Loan and any senior secured obligations of the borrower. Second Lien Loans are expected to have greater price &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;volatility and exposure to losses upon default than Senior Loans and may be less liquid. There is also a possibility that &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;originators will not be able to sell participations in Second Lien Loans, which would create greater credit risk exposure.&lt;/span&gt;&lt;/div&gt;&lt;div style="line-height: 12.02pt; margin-top: 9.90pt; text-align: left;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-weight: bold;"&gt;Subordinated Secured Loans Risk&lt;/span&gt;&lt;/div&gt;&lt;div style="line-height: 12.02pt; margin-top: 10.00pt; text-align: left;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;"&gt;Subordinated secured Loans generally are subject to similar risks as those associated with investment in Senior Loans, &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;Second Lien Loans and below investment grade securities. &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;However, such loans may rank lower in right of payment than any &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;outstanding Senior Loans, Second Lien Loans or other debt instruments with higher priority of the borrower and therefore are &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;subject to additional risk that the cash flow of the borrower and any property securing the loan may be insufficient to meet &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;scheduled payments and repayment of principal in the event of default or bankruptcy after giving effect to the higher ranking &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;secured obligations of the borrower. Subordinated secured Loans are expected to have greater price volatility than Senior Loans &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;and Second Lien Loans and may be less liquid.&lt;/span&gt;&lt;/div&gt;&lt;div style="line-height: 12.02pt; margin-top: 10.00pt; text-align: left;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-weight: bold;"&gt;Unsecured Loans Risk&lt;/span&gt;&lt;/div&gt;&lt;div style="line-height: 12.02pt; margin-top: 10.00pt; text-align: left;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;"&gt;Unsecured Loans generally are subject to similar risks as those associated with investment in Senior Loans, Second Lien &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;Loans, subordinated secured Loans and below investment grade securities. However, because unsecured Loans have lower &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;priority in right of payment to any higher ranking obligations of the borrower and are not backed by a security interest in any &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;specific collateral, they are subject to additional risk that the cash flow of the borrower and available assets may be insufficient &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;to meet scheduled payments and repayment of principal after giving effect to any higher ranking obligations of the borrower. &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;Unsecured Loans are expected to have greater price volatility than Senior Loans, Second Lien Loans and subordinated secured &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;Loans and may be less liquid.&lt;/span&gt;&lt;/div&gt;&lt;div style="line-height: 12.02pt; margin-top: 10.00pt; text-align: left;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-weight: bold;"&gt;Loans and Loan Participations and Assignments Risk&lt;/span&gt;&lt;/div&gt;&lt;div style="line-height: 12.02pt; margin-top: 10.00pt; text-align: left;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;"&gt;The Fund may invest in loans directly or through participations or assignments. The Fund may purchase Loans on a &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;direct assignment basis from a participant in the original syndicate of lenders or from subsequent assignees of such interests. &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;The Fund may also purchase, without limitation, participations in Loans. &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;The purchaser of an assignment typically succeeds to &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;all the rights and obligations of the assigning institution and becomes a lender under the credit agreement with respect to the &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;debt obligation; however, the purchaser&#x2019;s rights can be more restricted than those of the assigning institution, and, in any event, &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;the Fund may not be able to unilaterally enforce all rights and remedies under the loan and with regard to any associated &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;collateral. A participation typically results in a contractual relationship only with the institution participating out the interest, not &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;with the borrower. In purchasing participations, the Fund generally will have no right to enforce compliance by the borrower &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;with the terms of the loan agreement against the borrower, and the Fund may not directly benefit from the collateral supporting &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;the debt obligation in which it has purchased the participation. As a result, the Fund will be exposed to the credit risk of both the &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;borrower and the institution selling the participation. Further, in purchasing participations in lending syndicates, the Fund may &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;not be able to conduct the same due diligence on the borrower with respect to a Senior Loan that the Fund would otherwise &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;conduct. In addition, as a holder of the participations, the Fund may not have voting rights or inspection rights that the Fund &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;would otherwise have if it were investing directly in the Senior Loan, which may result in the Fund being exposed to greater &lt;/span&gt;&lt;/div&gt;&lt;div style="line-height: 12.02pt; text-align: left;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;credit or fraud risk with respect to the borrower or the Senior Loan. Lenders selling a participation and other persons &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;interpositioned between the lender and the Fund with respect to a participation will likely conduct their principal business &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;activities in the banking, finance and financial services industries. Because the Fund may invest in participations, the Fund may &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;be more susceptible to economic, political or regulatory occurrences affecting such industries.&lt;/span&gt;&lt;/div&gt;&lt;div style="line-height: 12.02pt; margin-top: 9.80pt; text-align: left;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;"&gt;Loans are especially vulnerable to the financial health, or perceived financial health, of the borrower but are also &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;particularly susceptible to economic and market sentiment such that changes in these conditions or the occurrence of other &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;economic or market events may reduce the demand for loans and cause their value to decline rapidly and unpredictably. Many &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;loans and loan interests are subject to legal or contractual restrictions on transfer, resale or assignment that may limit the ability &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;of the Fund to sell its interest in a loan at an advantageous time or price. The resale, or secondary, market for loans is currently &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;growing, but may become more limited or more difficult to access, and such changes may be sudden and unpredictable. &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;Transactions in loans are often subject to long settlement periods (in excess of the standard T+2 days settlement cycle for most &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;securities and often longer than seven days). As a result, sale proceeds potentially will not be available to the Fund to make &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;additional investments or to use proceeds to meet its current obligations. The Fund thus is subject to the risk of selling other &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;investments at disadvantageous times or prices or taking other actions necessary to raise cash to meet its obligations such as &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;borrowing from a bank or holding additional cash, particularly during periods of unusual market or economic conditions or &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;financial stress.&lt;/span&gt;&lt;/div&gt;&lt;div style="line-height: 12.02pt; margin-top: 9.90pt; text-align: left;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;"&gt;The Fund invests in or is exposed to loans and other similar debt obligations that are sometimes referred to as &#x201c;covenant-lite&#x201d;&lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt; loans or obligations (&#x201c;covenant-lite obligations&#x201d;), which are generally subject to more risk than investments that contain &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;traditional financial maintenance covenants and financial reporting requirements. The Fund may have fewer rights with respect &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;to covenant-lite obligations, including fewer protections against the possibility of default and fewer remedies in the event of &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;default. As a result, investments in (or exposure to) covenant-lite obligations are subject to more risk than investments in (or &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;exposure to) certain other types of obligations.&lt;/span&gt;&lt;/div&gt;&lt;div style="line-height: 12.02pt; margin-top: 9.90pt; text-align: left;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;"&gt;In certain circumstances, the Adviser or its affiliates (including on behalf of clients other than the Fund) or the Fund may &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;be in possession of material non-public information about a borrower as a result of its ownership of a loan and/or corporate debt &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;security of a borrower. Because U.S. laws and regulations generally prohibit trading in securities of issuers while in possession &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;of material, non-public information, the Fund might be unable (potentially for a substantial period of time) to trade securities or &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;other instruments issued by the borrower when it would otherwise be advantageous to do so and, as such, could incur a loss. In &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;circumstances when the Adviser or the Fund determines to avoid or to not receive non-public information about a borrower for &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;loan investments being considered for acquisition by the Fund or held by the Fund, the Fund may be disadvantaged relative to &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;other investors that do receive such information, and the Fund may not be able to take advantage of other investment &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;opportunities that it may otherwise have. The Adviser or its affiliates may participate in the primary and secondary market for &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;loans or other transactions with possible borrowers. As a result, the Fund may be legally restricted from acquiring some loans &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;and from participating in a restructuring of a loan or other similar instrument. Further, if the Fund, in combination with other &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;accounts managed by the Adviser or its affiliates, acquires a large portion of a loan, the Fund&#x2019;s valuation of its interests in the &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;loan and the Fund&#x2019;s ability to dispose of the loan at favorable times or prices may be adversely affected.&lt;/span&gt;&lt;/div&gt;&lt;div style="line-height: 12.02pt; margin-top: 9.90pt; text-align: left;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;"&gt;The Fund is subject to other risks associated with investments in (or exposure to) loans and other similar obligations, &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;including that such loans or obligations may not be considered &#x201c;securities&#x201d; and, as a result, the Fund may not be entitled to rely &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;on the anti-fraud protections under the federal securities laws and instead may have to resort to state law and direct claims.&lt;/span&gt;&lt;/div&gt;&lt;div style="line-height: 12.02pt; margin-top: 9.90pt; text-align: left;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-style: italic; margin-left: 29pt;"&gt;Unfunded Commitments Risk&lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;. Certain of the loan participations or assignments acquired by the Fund may involve &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;unfunded commitments of the lenders, revolving credit facilities, delayed draw credit facilities or other investments under which &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;a borrower may from time to time borrow and repay amounts up to the maximum amount of the facility. In such cases, the Fund &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;would have an obligation to advance its portion of such additional borrowings upon the terms specified in the loan &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;documentation. Such an obligation may have the effect of requiring the Fund to increase its investment in a company at a time &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;when it might not be desirable to do so (including at a time when the company&#x2019;s financial condition makes it unlikely that such &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;amounts will be repaid). These commitments are generally subject to the borrowers meeting certain criteria such as compliance &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;with covenants and certain operational metrics. The terms of the borrowings and financings subject to commitment are &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;comparable to the terms of other loans and related investments in the Fund&#x2019;s portfolio.&lt;/span&gt;&lt;/div&gt;&lt;div style="line-height: 12.02pt; margin-top: 9.90pt; text-align: left;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-weight: bold;"&gt;Mezzanine Investments Risk&lt;/span&gt;&lt;/div&gt;&lt;div style="line-height: 12.02pt; margin-top: 9.90pt; text-align: left;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;"&gt;The Fund may invest in certain lower grade securities known as &#x201c;Mezzanine Investments,&#x201d; which are subordinated debt &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;securities that are generally issued in private placements in connection with an equity security (&lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-style: italic;"&gt;e.g.&lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;, with attached warrants) or &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;may be convertible into equity securities. &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;Mezzanine Investments are subject to the same risks associated with investment in &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;Senior Loans, Second Lien Loans and other lower grade Income Securities. However, Mezzanine Investments may rank lower in &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;right of payment than any outstanding Senior Loans and Second Lien Loans of the borrower, or may be unsecured (i.e., not &lt;/span&gt;&lt;/div&gt;&lt;div style="line-height: 12.02pt; text-align: left;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;backed by a security interest in any specific collateral), and are subject to the additional risk that the cash flow of the borrower &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;and available assets may be insufficient to meet scheduled payments after giving effect to any higher ranking obligations of the &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;borrower. Mezzanine Investments are expected to have greater price volatility and exposure to losses upon default than Senior &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;Loans and Second Lien Loans and may be less liquid.&lt;/span&gt;&lt;/div&gt;&lt;div style="line-height: 12.02pt; margin-top: 10.00pt; text-align: left;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-weight: bold;"&gt;Distressed and Defaulted Securities Risk&lt;/span&gt;&lt;/div&gt;&lt;div style="line-height: 12.02pt; margin-top: 10.00pt; text-align: left;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;"&gt;Investments in the securities of financially distressed issuers involve substantial risks. These securities may present a &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;substantial risk of default or may be in default at the time of investment. The Fund may incur additional expenses to the extent it &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;is required to seek recovery upon a default in the payment of principal or interest on its portfolio holdings. &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;In any reorganization &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;or liquidation proceeding relating to a portfolio company, the Fund may lose its entire investment or may be required to accept &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;cash or securities with a value less than its original investment. Among the risks inherent in investments in a troubled entity is &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;the fact that it frequently may be difficult to obtain information as to the true financial condition of such issuer. The Adviser&#x2019;s &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;judgment about the credit quality of the issuer and the relative value and liquidity of its securities may prove to be wrong.&lt;/span&gt;&lt;/div&gt;&lt;div style="line-height: 12.02pt; margin-top: 10.00pt; text-align: left;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-weight: bold;"&gt;Convertible Securities Risk&lt;/span&gt;&lt;/div&gt;&lt;div style="line-height: 12.02pt; margin-top: 10.00pt; text-align: left;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;"&gt;Convertible securities, debt or preferred equity securities convertible into, or exchangeable for, equity securities, are &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;generally preferred stocks and other securities, including fixed-income securities and warrants that are convertible into or &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;exercisable for common stock. &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;Convertible securities generally participate in the appreciation or depreciation of the underlying &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;stock into which they are convertible, but to a lesser degree and are subject to the risks associated with debt and equity &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;securities, including interest rate, market and issuer risks. For example, if market interest rates rise, the value of a convertible &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;security usually falls. Certain convertible securities may combine higher or lower current income with options and other &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;features. Warrants are options to buy a stated number of shares of common stock at a specified price anytime during the life of &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;the warrants (generally, two or more years). Convertible securities may be lower-rated securities subject to greater levels of &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;credit risk. A convertible security may be converted before it would otherwise be most appropriate, which may have an adverse &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;effect on the Fund&#x2019;s ability to achieve its investment objective.&lt;/span&gt;&lt;/div&gt;&lt;div style="line-height: 12.02pt; margin-top: 10.00pt; text-align: left;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;"&gt;&#x201c;Synthetic&#x201d; convertible securities are selected based on the similarity of their economic characteristics to those of a &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;traditional convertible security due to the combination of separate securities that possess the two principal characteristics of a &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;traditional convertible security, i.e., an income-producing security (&#x201c;income-producing component&#x201d;) and the right to acquire an &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;equity security (&#x201c;convertible component&#x201d;). The income-producing component is achieved by investing in non-convertible, &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;income-producing securities such as bonds, preferred stocks and money market instruments, which may be represented by &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;derivative instruments.&lt;/span&gt;&lt;/div&gt;&lt;div style="line-height: 12.02pt; margin-top: 10.00pt; text-align: left;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;"&gt;The convertible component is achieved by investing in securities or instruments such as warrants or options to buy &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;common stock at a certain exercise price, or options on a stock index. A simple example of a synthetic convertible security is the &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;combination of a traditional corporate bond with a warrant to purchase equity securities of the issuer of the bond. The income-producing&lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt; and convertible components of a synthetic convertible security may be issued separately by different issuers and at &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;different times.&lt;/span&gt;&lt;/div&gt;&lt;div style="line-height: 12.02pt; margin-top: 10.00pt; text-align: left;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-weight: bold;"&gt;Preferred Stock Risk&lt;/span&gt;&lt;/div&gt;&lt;div style="line-height: 12.02pt; margin-top: 10.00pt; text-align: left;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;"&gt;The Fund may invest in preferred stock, which represents the senior residual interest in the assets of an issuer after &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;meeting all claims, with priority to corporate income and liquidation payments over the issuer&#x2019;s common stock. As such, &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;preferred stock is inherently more risky than the bonds and other debt instruments of the issuer, but less risky than its common &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;stock. &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;Preferred stocks may pay fixed or adjustable rates of return. Preferred stock is subject to issuer-specific and market risks &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;applicable generally to equity securities. Certain preferred stocks contain provisions that allow an issuer under certain conditions &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;to skip (in the case of &#x201c;non-cumulative&#x201d; preferred stocks) or defer (in the case of &#x201c;cumulative&#x201d; preferred stocks) dividend &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;payments. Preferred stocks often contain provisions that allow for redemption in the event of certain tax or legal changes or at &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;the issuer&#x2019;s call.&lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; line-height: 12.02pt;"&gt; &lt;/span&gt;&lt;/div&gt;&lt;div style="line-height: 12.02pt; margin-top: 10.00pt; text-align: left;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;"&gt;Preferred stocks typically do not provide any voting rights, except in cases when dividends are in arrears beyond a certain &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;time period. There is no assurance that dividends on preferred stocks in which the Fund invests will be declared or otherwise &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;made payable. If the Fund owns preferred stock that is deferring its distributions, the Fund may be required to report income for &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;U.S. federal income tax purposes while it is not receiving cash payments corresponding to such income. When interest rates fall &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;below the rate payable on an issue of preferred stock or for other reasons, the issuer may redeem the preferred stock, generally &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;after an initial period of call protection in which the stock is not redeemable.&lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; line-height: 12.02pt;"&gt; &lt;/span&gt;&lt;/div&gt;&lt;div style="line-height: 12.02pt; margin-top: 10.00pt; text-align: left;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;"&gt;Preferred stocks may be significantly less liquid than many other securities, such as U.S. Government securities, &lt;/span&gt;&lt;/div&gt;&lt;div style="line-height: 12.02pt; text-align: left;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;corporate debt and common stock. Preferred stock has properties of both an equity and a debt instrument and is generally &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;considered a hybrid instrument.&lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; line-height: 12.02pt;"&gt; &lt;/span&gt;&lt;/div&gt;&lt;div style="line-height: 12.02pt; margin-top: 9.80pt; text-align: left;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-weight: bold;"&gt;Foreign Securities Risk&lt;/span&gt;&lt;/div&gt;&lt;div style="line-height: 12.02pt; margin-top: 9.80pt; text-align: left;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;"&gt;The Fund may invest up to 20% of its total assets in non-U.S. dollar denominated Income Securities of foreign issuers. &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;Investing in foreign issuers may involve certain risks not typically associated with investing in securities of U.S. issuers due to &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;increased exposure to foreign economic, &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;political and legal developments, including favorable or unfavorable changes in &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;currency exchange rates, exchange control regulations (including currency blockage), expropriation or nationalization of assets, &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;imposition of withholding taxes on payments, and possible difficulty in obtaining and enforcing judgments against foreign &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;entities. Furthermore, issuers of foreign securities and obligations are subject to different, often less comprehensive, accounting, &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;reporting and disclosure requirements than domestic issuers. The securities and obligations of some foreign companies and &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;foreign markets are less liquid and at times more volatile than comparable U.S. securities, obligations and markets. In addition, &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;such investments are subject to other adverse diplomatic investments, which may include the imposition of economic or trade &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;sanctions or other measures by the U.S. or other governments and supranational organizations or changes in trade policies. These &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;developments may, among other things, limit the ability of the Fund to invest in certain securities or require the disposition of an &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;investment. These risks may be more pronounced to the extent that the Fund invests a significant amount of its assets in &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;companies located in one region and to the extent that the Fund invests in securities of issuers in emerging markets. The Fund &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;may also invest in U.S. dollar- denominated Income Securities of foreign issuers, which are subject to many of the risks &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;described above regarding Income Securities of foreign issuers denominated in foreign currencies. These risks are heightened &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;under the current conditions.&lt;/span&gt;&lt;/div&gt;&lt;div style="line-height: 12.02pt; margin-top: 9.80pt; text-align: left;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;"&gt;There may be less publicly available information about a foreign company than a U.S. company. Foreign securities &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;markets may have substantially less volume than U.S. securities markets and some foreign company securities are less liquid &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;than securities of otherwise comparable U.S. companies. Foreign markets also have different clearance and settlement &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;procedures that could cause the Fund to encounter difficulties in purchasing and selling securities on such markets and may &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;result in the Fund missing attractive investment opportunities or experiencing a loss. In addition, a portfolio that includes foreign &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;securities can expect to have a higher expense ratio because of the increased transaction costs on non-U.S. securities markets and &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;the increased costs of maintaining the custody of foreign securities.&lt;/span&gt;&lt;/div&gt;&lt;div style="line-height: 12.02pt; margin-top: 9.80pt; text-align: left;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;"&gt;ADRs are receipts issued by United States banks or trust companies in respect of securities of foreign issuers held on &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;deposit for use in the United States securities markets. While ADRs may not necessarily be denominated in the same currency as &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;the securities into which they may be converted, many of the risks associated with foreign securities may also apply to ADRs. In &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;addition, the underlying issuers of certain depositary receipts, particularly unsponsored or unregistered depositary receipts, are &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;under no obligation to distribute shareholder communications to the holders of such receipts, or to pass through to them any &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;voting rights with respect to the deposited securities.&lt;/span&gt;&lt;/div&gt;&lt;div style="line-height: 12.02pt; margin-top: 9.90pt; text-align: left;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-weight: bold;"&gt;Emerging Markets Risk&lt;/span&gt;&lt;/div&gt;&lt;div style="line-height: 12.02pt; margin-top: 9.90pt; text-align: left;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;"&gt;The Fund may invest up to 10% of its total assets in Income Securities the issuers of which are located in countries &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;considered to be emerging markets. Investing in securities in emerging countries generally entails greater risks than investing in &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;securities in developed countries. Securities issued by governments or issuers in emerging market countries are more likely to &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;have greater exposure to the risks of investing in foreign securities.&lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt; These risks are elevated under current conditions and &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;include: (i) less social, political and economic stability and potentially more volatile currency exchange rates; (ii) the small &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;current size of the markets for such securities, limited access to investments in the event of market closures (including due to &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;local holidays), and the currently low or nonexistent volume of trading, which result in a lack of liquidity, in greater price &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;volatility, and/or a higher risk of failed trades or other trading issues; (iii) certain national policies which may restrict the Fund&#x2019;s &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;investment opportunities, including restrictions on investment in issuers or industries deemed sensitive to national interests, and &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;trade barriers; (iv) foreign taxation; (v) the absence of developed legal systems, including structures governing private or foreign &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;investment or allowing for judicial redress (such as limits on rights and remedies available to the Fund) for investment losses and &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;injury to private property; (vi) lower levels of government regulation, which could lead to market manipulation, and less &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;extensive and transparent accounting, auditing, recordkeeping, financial reporting and other requirements which limit the &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;quality and availability of financial information; (vii) high rates of inflation for prolonged periods and rapid interest rate &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;changes; (viii) dependence on a few key trading partners and sensitivity to adverse political or social events affecting the region &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;where an emerging market is located compared to developed market securities; and (ix) particular sensitivity to global economic &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;conditions, including adverse effects stemming from recessions, depressions or other economic crises, or reliance on &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;international or other forms of aid, including trade, taxation and development policies. Furthermore, foreign investors may be &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;required to register the proceeds of sales and future economic or political crises could lead to price controls, forced mergers, &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;expropriation or confiscatory taxation, seizure, nationalization or creation of government monopolies. The currencies of &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;emerging market countries may experience significant declines against the U.S. dollar, and devaluation may occur subsequent to &lt;/span&gt;&lt;/div&gt;&lt;div style="line-height: 12.02pt; text-align: left;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;investments in these currencies by the Fund. Inflation and rapid fluctuations in inflation rates have had, and may continue to &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;have, negative effects on the economies and securities markets of certain emerging market countries. Sovereign debt of emerging &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;countries may be in default or present a greater risk of default, the risk of which is heightened given the current conditions. &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;These risks are heightened for investments in frontier markets.&lt;/span&gt;&lt;/div&gt;&lt;div style="line-height: 12.02pt; margin-top: 10.20pt; text-align: left;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;"&gt;The Sub-Adviser has broad discretion to identify countries that it considers to qualify as &#x201c;emerging markets.&#x201d; In &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;determining whether a country is an emerging market, the Sub-Adviser may take into account specific or general factors that the &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;Sub-Adviser deems to be relevant, including interest rates, inflation rates, exchange rates, monetary and fiscal policies, trade &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;and current account balances and/or legal, social and political developments, as well as whether the country is considered to be &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;emerging or developing by supranational organizations such as the World Bank, the United Nations or other similar entities. &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;Emerging market countries generally will include countries with low gross national product per capita and the potential for rapid &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;economic growth and are likely to be located in Africa, Asia, the Middle East, Eastern and Central Europe and Central and &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;South America. In addition, the impact of the economic and public health crisis in emerging market countries may be greater &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;due to their generally less established healthcare systems and capabilities with respect to fiscal and monetary policies, which &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;may exacerbate other pre-existing political, social and economic risks.&lt;/span&gt;&lt;/div&gt;&lt;div style="line-height: 12.02pt; margin-top: 10.10pt; text-align: left;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-weight: bold;"&gt;Foreign Currency Risk&lt;/span&gt;&lt;/div&gt;&lt;div style="line-height: 12.02pt; margin-top: 10.09pt; text-align: left;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;"&gt;The value of securities denominated or quoted in foreign currencies may be adversely affected by fluctuations in the &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;relative currency exchange rates and by exchange control regulations. The Fund&#x2019;s investment performance may be negatively &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;affected by a devaluation of a currency in which the Fund&#x2019;s investments are denominated or quoted. &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;Further, the Fund&#x2019;s &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;investment performance may be significantly affected, either positively or negatively, by currency exchange rates because the &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;U.S. dollar value of securities denominated or quoted in another currency will increase or decrease in response to changes in the &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;value of such currency in relation to the U.S. dollar. Finally, the Fund&#x2019;s distributions are paid in U.S. dollars, and to the extent the &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;Fund&#x2019;s assets are denominated in currencies other than the U.S. dollar, there is a risk that the value of any distribution from such &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;assets may decrease if the currency in which such assets or distributions are denominated falls in relation to the value of the U.S. &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;dollar. The Fund currently intends to seek to hedge its exposures to foreign currencies but may, at the discretion of the &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;Investment Adviser, at any time limit or eliminate foreign currency hedging activity. To the extent the Fund does not hedge (or is &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;unsuccessful in seeking to hedge) its foreign currency risk, the value of the Fund&#x2019;s assets and income could be adversely affected &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;by currency exchange rate movements.&lt;/span&gt;&lt;/div&gt;&lt;div style="line-height: 12.02pt; margin-top: 10.10pt; text-align: left;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-weight: bold;"&gt;Sovereign Debt Risk&lt;/span&gt;&lt;/div&gt;&lt;div style="line-height: 12.02pt; margin-top: 10.10pt; text-align: left;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;"&gt;Investments in sovereign debt securities, such as foreign government debt or foreign treasury bills, involve special risks, &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;including the availability of sufficient foreign exchange on the date a payment is due, the relative size of the debt service burden &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;to the economy as a whole, the government debtor's policy towards the International Monetary Fund or international lenders, the &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;political constraints to which the debtor may be subject and other political considerations. &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;Periods of economic and political &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;uncertainty may result in the illiquidity and increased price volatility of sovereign debt securities held by the Fund. The &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;governmental authority that controls the repayment of sovereign debt may be unwilling or unable to repay the principal and/or &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;interest when due in accordance with the terms of such securities due to the extent of its foreign reserves. If an issuer of &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;sovereign debt defaults on payments of principal and/or interest, the Fund may have limited or no legal recourse against the &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;issuer and/or guarantor. In certain cases, remedies must be pursued in the courts of the defaulting party itself. For example, there &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;may be no bankruptcy or similar proceedings through which all or part of the sovereign debt that a governmental entity has not &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;repaid may be collected. There can be no assurance that the holders of commercial bank loans to the same sovereign entity may &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;not contest payments to the holders of sovereign debt in the event of default under commercial bank loan agreements.&lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; line-height: 12.02pt;"&gt; &lt;/span&gt;&lt;/div&gt;&lt;div style="line-height: 12.02pt; margin-top: 10.10pt; text-align: left;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;"&gt;Certain issuers of sovereign debt may be dependent on disbursements from foreign governments, multilateral agencies &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;and others abroad to reduce principal and interest arrearages on their debt. Such disbursements may be conditioned upon a &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;debtor&#x2019;s implementation of economic reforms and/or economic performance and the timely service of such debtor&#x2019;s obligations. &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;A failure on the part of the debtor to implement such reforms, achieve such levels of economic performance or repay principal &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;or interest when due may result in the cancellation of such third parties&#x2019; commitments to lend funds to the debtor, which may &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;impair the debtor&#x2019;s ability to service its debts on a timely basis. Foreign investment in certain sovereign debt is restricted or &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;controlled to varying degrees, including requiring governmental approval for the repatriation of income, capital or proceeds of &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;sales by foreign investors. These restrictions or controls may at times limit or preclude foreign investment in certain sovereign &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;debt and increase the costs and expenses of the Fund.&lt;/span&gt;&lt;/div&gt;&lt;div style="line-height: 12.02pt; margin-top: 10.10pt; text-align: left;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;"&gt;As a holder of sovereign debt, the Fund may be requested to participate in the restructuring of such sovereign &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;indebtedness, including the rescheduling of payments and the extension of further loans to debtors, which may adversely affect &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;the Fund. There can be no assurance that such restructuring will result in the repayment of all or part of the debt. Sovereign debt &lt;/span&gt;&lt;/div&gt;&lt;div style="line-height: 12.02pt; text-align: left;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;risk is increased for emerging market issuers and certain emerging market countries have declared moratoria on the payment of &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;principal and interest on external debt. Certain emerging market countries have experienced difficulty in servicing their &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;sovereign debt on a timely basis, which has led to defaults and the restructuring of certain indebtedness.&lt;/span&gt;&lt;/div&gt;&lt;div style="line-height: 12.02pt; margin-top: 9.80pt; text-align: left;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-weight: bold;"&gt;UK Departure from EU (&#x201c;Brexit&#x201d;) Risk&lt;/span&gt;&lt;/div&gt;&lt;div style="line-height: 12.02pt; margin-top: 9.80pt; text-align: left;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;"&gt;On January 31, 2020, the United Kingdom officially withdrew from the European Union (&#x201c;EU&#x201d;) and the two sides &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;entered into a transition phase, scheduled to conclude on December 31, 2020, where the United Kingdom effectively remains in &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;the EU from an economic perspective, but no longer has any political representation in the EU parliament. &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;During this transition &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;phase, which could be extended beyond December of 2020, the United Kingdom is expected to negotiate a new trade deal with &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;the EU. Due to political uncertainty, it is not possible to anticipate whether the United Kingdom and the EU will be able to agree &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;and implement a new trade agreement or what the nature of such trade arrangement will be. Throughout the withdrawal process &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;and afterward, the impact on the United Kingdom and Economic and Monetary Union and the broader global economy is &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;unknown but could be significant and could result in increased volatility and illiquidity and potentially lower economic growth. &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;The political divisions surrounding Brexit within the United Kingdom, as well as those between the UK and the EU, may also &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;have a destabilizing impact on the economy and currency of the United Kingdom and the EU. Any further exits from member &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;states of the EU, or the possibility of such exits, would likely cause additional market disruption globally and introduce new &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;legal and regulatory uncertainties.&lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; line-height: 12.02pt;"&gt; &lt;/span&gt;&lt;/div&gt;&lt;div style="line-height: 12.02pt; margin-top: 9.90pt; text-align: left;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;"&gt;In addition to the effects on the Fund&#x2019;s investments in European issuers, the unavoidable uncertainties and events related &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;to Brexit could negatively affect the value and liquidity of the Fund&#x2019;s other investments, increase taxes and costs of business and &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;cause volatility in currency exchange rates and interest rates. Brexit could adversely affect the performance of contracts in &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;existence at the date of Brexit and European, UK or worldwide political, regulatory, economic or market conditions and could &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;contribute to instability in political institutions, regulatory agencies and financial markets. Brexit could also lead to legal &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;uncertainty and politically divergent national laws and regulations as a new relationship between the UK and EU is defined and &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;as the UK determines which EU laws to replace or replicate. In addition, Brexit could lead to further disintegration of the EU &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;and related political stresses (including those related to sentiment against cross border capital movements and activities of &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;investors like the Fund), prejudice to financial services businesses that are conducting business in the EU and which are based in &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;the UK, legal uncertainty regarding achievement of compliance with applicable financial and commercial laws and regulations &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;in view of the expected steps to be taken pursuant to or in contemplation of Brexit. Any of these effects of Brexit, and others that &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;cannot be anticipated, could adversely affect the Fund&#x2019;s business, results of operations and financial condition.&lt;/span&gt;&lt;/div&gt;&lt;div style="line-height: 12.02pt; margin-top: 9.90pt; text-align: left;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-weight: bold;"&gt;Redenomination Risk&lt;/span&gt;&lt;/div&gt;&lt;div style="line-height: 12.02pt; margin-top: 9.90pt; text-align: left;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;"&gt;The result of Brexit, the progression of the European debt crisis and the possibility of one or more Eurozone countries &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;exiting the European Monetary Union (&#x201c;EMU&#x201d;), or even the collapse of the euro as a common currency, has created significant &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;volatility in currency and financial markets generally. &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;The effects of the collapse of the euro, or of the exit of one or more &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;countries from the EMU, on the U.S. and global economies and securities markets are impossible to predict and any such events &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;could have a significant adverse impact on the value and risk profile of the Fund&#x2019;s portfolio. Any partial or complete dissolution &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;of the EMU could have significant adverse effects on currency and financial markets, and on the values of the Fund&#x2019;s portfolio &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;investments. If one or more EMU countries were to stop using the euro as its primary currency, the Fund&#x2019;s investments in such &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;countries may be redenominated into a different or newly adopted currency. As a result, the value of those investments could &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;decline significantly and unpredictably. In addition, securities or other investments that are redenominated may be subject to &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;foreign currency risk, liquidity risk and valuation risk to a greater extent than similar investments currently denominated in &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;euros. To the extent a currency used for redenomination purposes is not specified in respect of certain EMU-related investments, &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;or should the euro cease to be used entirely, the currency in which such investments are denominated may be unclear, making &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;such investments particularly difficult to value or dispose of. The Fund may incur additional expenses to the extent it is required &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;to seek judicial or other clarification of the denomination or value of such securities.&lt;/span&gt;&lt;/div&gt;&lt;div style="line-height: 12.02pt; margin-top: 9.90pt; text-align: left;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-weight: bold;"&gt;Common Equity Securities Risk&lt;/span&gt;&lt;/div&gt;&lt;div style="line-height: 12.02pt; margin-top: 9.90pt; text-align: left;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;"&gt;The Fund may invest up to 50% of its total assets in Common Equity Securities. An adverse event, such as an &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;unfavorable earnings report, may depress the value of a particular common stock held by the Fund. &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;Also, the prices of equity &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;securities are sensitive to general movements in the stock market, so a drop in the stock market may depress the prices of equity &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;securities to which the Fund has exposure. Common Equity Securities&#x2019; prices fluctuate for a number of reasons, including &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;changes in investors&#x2019; perceptions of the financial condition of an issuer, the general condition of the relevant stock market, and &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;broader domestic and international political and economic events. The prices of Common Equity Securities may also decline due &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;to factors which affect a particular industry or industries, such as labor shortages or increased production costs and competitive &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;conditions within an industry. The value of a particular common stock held by the Fund may decline for a number of other &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;reasons which directly relate to the issuer, such as management performance, financial leverage, the issuer&#x2019;s historical and &lt;/span&gt;&lt;/div&gt;&lt;div style="line-height: 12.02pt; text-align: left;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;prospective earnings, the value of its assets and reduced demand for its goods and services. In addition, common stock prices &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;may be particularly sensitive to rising interest rates, as the cost of capital rises and borrowing costs increase. The prices of &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;Common Equity Securities are also sensitive to general movements in the stock market, so a drop in the stock market may &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;depress the prices of Common Equity Securities to which the Fund has exposure. At times, stock markets can be volatile and &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;stock prices can change substantially and suddenly. While broad market measures of Common Equity Securities have &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;historically generated higher average returns than Income Securities, Common Equity Securities have also experienced &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;significantly more volatility in those returns. Common Equity Securities in which the Fund may invest are structurally &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;subordinated to preferred stock, bonds and other debt instruments in a company&#x2019;s capital structure in terms of priority to &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;corporate income and are therefore inherently more risky than preferred stock or debt instruments of such issuers. Dividends on &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;Common Equity Securities which the Fund may hold are not fixed but are declared at the discretion of the issuer&#x2019;s board of &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;directors. There is no guarantee that the issuers of the Common Equity Securities in which the Fund invests will declare &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;dividends in the future or that, if declared, they will remain at current levels or increase over time. Equity securities have &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;experienced heightened volatility over recent periods and, therefore, the Fund's investments in equity securities are subject to &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;heightened risks related to volatility during the current environment and would likely also be subject to such risks in similar &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;market, economic and public health conditions in the future.&lt;/span&gt;&lt;/div&gt;&lt;div style="line-height: 12.02pt; margin-top: 9.60pt; text-align: left;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-weight: bold;"&gt;Risks Associated with the Fund&#x2019;s Covered Call Option Strategy and Put Options&lt;/span&gt;&lt;/div&gt;&lt;div style="line-height: 12.02pt; margin-top: 9.60pt; text-align: left;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;"&gt;The ability of the Fund to achieve its investment objective is partially dependent on the successful implementation of its &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;covered call option strategy. &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;There are significant differences between the securities and options markets that could result in an &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;imperfect correlation between these markets, causing a given transaction not to achieve its objectives. A decision as to whether, &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;when and how to use options involves the exercise of skill and judgment, and even a well-conceived transaction may be &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;unsuccessful to some degree because of market behavior or unexpected events.&lt;/span&gt;&lt;/div&gt;&lt;div style="line-height: 12.02pt; margin-top: 9.61pt; text-align: left;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;"&gt;The Fund may write call options on individual securities, securities indices, exchange-traded funds (&#x201c;ETFs&#x201d;) and baskets &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;of securities. The buyer of an option acquires the right, but not the obligation, to buy (a call option) or sell (a put option) a &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;certain quantity of a security (the underlying security) or instrument, including a futures contract or swap, at a certain price up to &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;a specified point in time or on expiration, depending on the terms. The seller or writer of an option is obligated to sell (a call &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;option) or buy (a put option) the underlying instrument. A call option is &#x201c;covered&#x201d; if the Fund owns the security or instrument &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;underlying the call or has an absolute right to acquire the security or instrument without additional cash consideration (or, if &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;additional cash consideration is required under current regulatory requirements, cash or cash equivalents in such amount are &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;segregated by the Fund&#x2019;s custodian or earmarked on the Fund&#x2019;s books and records). As a seller of covered call options, the Fund &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;faces the risk that it will forgo the opportunity to profit from increases in the market value of the security or instrument covering &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;the call option during an option&#x2019;s life. As the Fund writes covered calls over more of its portfolio, its ability to benefit from &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;capital appreciation becomes more limited. For certain types of options, the writer of the option will have no control over the &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;time when it may be required to fulfill its obligation under the option.&lt;/span&gt;&lt;/div&gt;&lt;div style="line-height: 12.02pt; margin-top: 9.60pt; text-align: left;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;"&gt;There can be no assurance that a liquid market will exist if and when the Fund seeks to close out an option position. Once &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;an option writer has received an exercise notice, it cannot effect a closing purchase transaction in order to terminate its &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;obligation under the option and must deliver the underlying security or instrument at the exercise price.&lt;/span&gt;&lt;/div&gt;&lt;div style="line-height: 12.02pt; margin-top: 9.60pt; text-align: left;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;"&gt;The Fund may also purchase and write exchange-listed and OTC options. Options written by the Fund with respect to &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;non-U.S. securities, indices or sectors and other instruments generally will be OTC options. OTC options differ from exchange-listed&lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt; options in several respects. They are transacted directly with the dealers and not with a clearing corporation, and therefore &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;entail the risk of non-performance by the dealer. OTC options are available for a greater variety of securities and for a wider &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;range of expiration dates and exercise prices than are available for exchange-traded options. Because OTC options are not traded &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;on an exchange, pricing is done normally by reference to information from a market maker. OTC options are subject to &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;heightened counterparty, credit, liquidity and valuation risks. The Fund&#x2019;s ability to terminate OTC options is more limited than &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;with exchange-traded options and may involve the risk that broker-dealers participating in such transactions will not fulfill their &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;obligations. The hours of trading for options may not conform to the hours during which the underlying securities are traded. &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;The Fund&#x2019;s options transactions will be subject to limitations established by each of the exchanges, boards of trade or other &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;trading facilities on which such options are traded.&lt;/span&gt;&lt;/div&gt;&lt;div style="line-height: 12.02pt; margin-top: 9.70pt; text-align: left;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;"&gt;The Fund may also purchase and write covered put options. A put option is &#x201c;covered&#x201d; if the Fund segregates cash or cash &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;equivalents in an amount equal to the exercise price. As a seller of covered put options, the Fund bears the risk of loss if the &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;value of the underlying security or instrument declines below the exercise price minus the put premium. If the option is &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;exercised, the Fund could incur a loss if it is required to purchase the security or instrument underlying the put option at a price &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;greater than the market price of the security or instrument at the time of exercise plus the put premium the Fund received when it &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;wrote the option. The Fund&#x2019;s potential gain in writing a covered put option is limited to distributions earned on the liquid assets &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;securing the put option plus the premium received from the purchaser of the put option; however, the Fund risks a loss equal to &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;the entire exercise price of the option minus the put premium.&lt;/span&gt;&lt;/div&gt;&lt;div style="line-height: 12.02pt; margin-top: 10pt; text-align: left;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-weight: bold;"&gt;Risks of Real Property Asset Companies&lt;/span&gt;&lt;/div&gt;&lt;div style="line-height: 12.02pt; margin-top: 9.90pt; text-align: left;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;"&gt;The Fund may invest in Income Securities and Common Equity Securities issued by Real Property Asset Companies.&lt;/span&gt;&lt;/div&gt;&lt;div style="line-height: 12.02pt; margin-top: 9.90pt; text-align: left;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-style: italic; margin-left: 29pt;"&gt;Real Estate Risks&lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;. Because of the Fund&#x2019;s ability to make indirect investments in real estate and in the securities of &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;companies in the real estate industry, it is subject to risks associated with the direct ownership of real estate. These risks include:&lt;/span&gt;&lt;/div&gt; &lt;div&gt; &lt;div style="clear: both; margin-top: 9.90pt; position: relative; width: 100%;"&gt; &lt;div style="float: left; line-height: 12.02pt; text-align: left; width: 3.51pt;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;&#x2022;&lt;/span&gt;&lt;/div&gt; &lt;div style="float: left; line-height: 12.02pt; margin-left: 25.49pt; text-align: left; width: 482.00pt;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;declines in the value of real estate;&lt;/span&gt;&lt;/div&gt; &lt;/div&gt; &lt;div style="clear: both; position: relative;"/&gt; &lt;/div&gt; &lt;div&gt; &lt;div style="clear: both; margin-top: 9.90pt; position: relative; width: 100%;"&gt; &lt;div style="float: left; line-height: 12.02pt; text-align: left; width: 3.51pt;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;&#x2022;&lt;/span&gt;&lt;/div&gt; &lt;div style="float: left; line-height: 12.02pt; margin-left: 25.49pt; text-align: left; width: 482.00pt;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;general and local economic conditions;&lt;/span&gt;&lt;/div&gt; &lt;/div&gt; &lt;div style="clear: both; position: relative;"/&gt; &lt;/div&gt;&lt;div&gt; &lt;div style="clear: both; margin-top: 9.90pt; position: relative; width: 100%;"&gt; &lt;div style="float: left; line-height: 12.02pt; text-align: left; width: 3.51pt;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;&#x2022;&lt;/span&gt;&lt;/div&gt; &lt;div style="float: left; line-height: 12.02pt; margin-left: 25.49pt; text-align: left; width: 482.00pt;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;unavailability of mortgage funds;&lt;/span&gt;&lt;/div&gt; &lt;/div&gt; &lt;div style="clear: both; position: relative;"/&gt; &lt;/div&gt;&lt;div&gt; &lt;div style="clear: both; margin-top: 9.90pt; position: relative; width: 100%;"&gt; &lt;div style="float: left; line-height: 12.02pt; text-align: left; width: 3.51pt;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;&#x2022;&lt;/span&gt;&lt;/div&gt; &lt;div style="float: left; line-height: 12.02pt; margin-left: 25.49pt; text-align: left; width: 482.00pt;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;overbuilding;&lt;/span&gt;&lt;/div&gt; &lt;/div&gt; &lt;div style="clear: both; position: relative;"/&gt; &lt;/div&gt;&lt;div&gt; &lt;div style="clear: both; margin-top: 9.90pt; position: relative; width: 100%;"&gt; &lt;div style="float: left; line-height: 12.02pt; text-align: left; width: 3.51pt;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;&#x2022;&lt;/span&gt;&lt;/div&gt; &lt;div style="float: left; line-height: 12.02pt; margin-left: 25.49pt; text-align: left; width: 482.00pt;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;extended vacancies of properties;&lt;/span&gt;&lt;/div&gt; &lt;/div&gt; &lt;div style="clear: both; position: relative;"/&gt; &lt;/div&gt;&lt;div&gt; &lt;div style="clear: both; margin-top: 9.90pt; position: relative; width: 100%;"&gt; &lt;div style="float: left; line-height: 12.02pt; text-align: left; width: 3.51pt;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;&#x2022;&lt;/span&gt;&lt;/div&gt; &lt;div style="float: left; line-height: 12.02pt; margin-left: 25.49pt; text-align: left; width: 482.00pt;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;increased competition;&lt;/span&gt;&lt;/div&gt; &lt;/div&gt; &lt;div style="clear: both; position: relative;"/&gt; &lt;/div&gt;&lt;div&gt; &lt;div style="clear: both; margin-top: 9.90pt; position: relative; width: 100%;"&gt; &lt;div style="float: left; line-height: 12.02pt; text-align: left; width: 3.51pt;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;&#x2022;&lt;/span&gt;&lt;/div&gt; &lt;div style="float: left; line-height: 12.02pt; margin-left: 25.49pt; text-align: left; width: 482.00pt;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;increases in property taxes and operating expenses;&lt;/span&gt;&lt;/div&gt; &lt;/div&gt; &lt;div style="clear: both; position: relative;"/&gt; &lt;/div&gt;&lt;div&gt; &lt;div style="clear: both; margin-top: 9.91pt; position: relative; width: 100%;"&gt; &lt;div style="float: left; line-height: 12.02pt; text-align: left; width: 3.51pt;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;&#x2022;&lt;/span&gt;&lt;/div&gt; &lt;div style="float: left; line-height: 12.02pt; margin-left: 25.49pt; text-align: left; width: 482.00pt;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;changes in zoning laws;&lt;/span&gt;&lt;/div&gt; &lt;/div&gt; &lt;div style="clear: both; position: relative;"/&gt; &lt;/div&gt;&lt;div&gt; &lt;div style="clear: both; margin-top: 9.90pt; position: relative; width: 100%;"&gt; &lt;div style="float: left; line-height: 12.02pt; text-align: left; width: 3.51pt;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;&#x2022;&lt;/span&gt;&lt;/div&gt; &lt;div style="float: left; line-height: 12.02pt; margin-left: 25.49pt; text-align: left; width: 482.00pt;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;losses due to costs of cleaning up environmental problems and contamination;&lt;/span&gt;&lt;/div&gt; &lt;/div&gt; &lt;div style="clear: both; position: relative;"/&gt; &lt;/div&gt;&lt;div&gt; &lt;div style="clear: both; margin-top: 9.90pt; position: relative; width: 100%;"&gt; &lt;div style="float: left; line-height: 12.02pt; text-align: left; width: 3.51pt;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;&#x2022;&lt;/span&gt;&lt;/div&gt; &lt;div style="float: left; line-height: 12.02pt; margin-left: 25.49pt; text-align: left; width: 482.00pt;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;limitations on, or unavailability of, insurance on economic terms;&lt;/span&gt;&lt;/div&gt; &lt;/div&gt; &lt;div style="clear: both; position: relative;"/&gt; &lt;/div&gt;&lt;div&gt; &lt;div style="clear: both; margin-top: 9.90pt; position: relative; width: 100%;"&gt; &lt;div style="float: left; line-height: 12.02pt; text-align: left; width: 3.51pt;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;&#x2022;&lt;/span&gt;&lt;/div&gt; &lt;div style="float: left; line-height: 12.02pt; margin-left: 25.49pt; text-align: left; width: 482.00pt;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;liability to third parties for damages resulting from environmental problems;&lt;/span&gt;&lt;/div&gt; &lt;/div&gt; &lt;div style="clear: both; position: relative;"/&gt; &lt;/div&gt;&lt;div&gt; &lt;div style="clear: both; margin-top: 9.90pt; position: relative; width: 100%;"&gt; &lt;div style="float: left; line-height: 12.02pt; text-align: left; width: 3.51pt;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;&#x2022;&lt;/span&gt;&lt;/div&gt; &lt;div style="float: left; line-height: 12.02pt; margin-left: 25.49pt; text-align: left; width: 482.00pt;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;casualty or condemnation losses;&lt;/span&gt;&lt;/div&gt; &lt;/div&gt; &lt;div style="clear: both; position: relative;"/&gt; &lt;/div&gt;&lt;div&gt; &lt;div style="clear: both; margin-top: 9.90pt; position: relative; width: 100%;"&gt; &lt;div style="float: left; line-height: 12.02pt; text-align: left; width: 3.51pt;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;&#x2022;&lt;/span&gt;&lt;/div&gt; &lt;div style="float: left; line-height: 12.02pt; margin-left: 25.49pt; text-align: left; width: 482.00pt;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;limitations on rents;&lt;/span&gt;&lt;/div&gt; &lt;/div&gt; &lt;div style="clear: both; position: relative;"/&gt; &lt;/div&gt;&lt;div&gt; &lt;div style="clear: both; margin-top: 9.90pt; position: relative; width: 100%;"&gt; &lt;div style="float: left; line-height: 12.02pt; text-align: left; width: 3.51pt;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;&#x2022;&lt;/span&gt;&lt;/div&gt; &lt;div style="float: left; line-height: 12.02pt; margin-left: 25.49pt; text-align: left; width: 482.00pt;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;changes in neighborhood values and the appeal of properties to tenants;&lt;/span&gt;&lt;/div&gt; &lt;/div&gt; &lt;div style="clear: both; position: relative;"/&gt; &lt;/div&gt;&lt;div&gt; &lt;div style="clear: both; margin-top: 9.90pt; position: relative; width: 100%;"&gt; &lt;div style="float: left; line-height: 12.02pt; text-align: left; width: 3.51pt;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;&#x2022;&lt;/span&gt;&lt;/div&gt; &lt;div style="float: left; line-height: 12.02pt; margin-left: 25.49pt; text-align: justify; width: 482.00pt;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;changes in valuation due to the impact of terrorist incidents on a particular property or area, or on a segment of the &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;economy; and&lt;/span&gt;&lt;/div&gt; &lt;/div&gt; &lt;div style="clear: both; position: relative;"/&gt; &lt;/div&gt;&lt;div&gt; &lt;div style="clear: both; margin-top: 10.00pt; position: relative; width: 100%;"&gt; &lt;div style="float: left; line-height: 12.02pt; text-align: left; width: 3.51pt;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;&#x2022;&lt;/span&gt;&lt;/div&gt; &lt;div style="float: left; line-height: 12.02pt; margin-left: 25.49pt; text-align: left; width: 482.00pt;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;changes in interest rates.&lt;/span&gt;&lt;/div&gt; &lt;/div&gt; &lt;div style="clear: both; position: relative;"/&gt; &lt;/div&gt;&lt;div style="line-height: 12.02pt; margin-top: 10.00pt; text-align: left;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-style: italic; margin-left: 29pt;"&gt;National Resources and Commodities Risks&lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;. Because of the Fund&#x2019;s ability to make indirect investments in natural &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;resources and physical commodities, and in Real Property Asset Companies engaged in oil and gas exploration and production, &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;gold and other precious metals, steel and iron ore production, energy services, forest products, chemicals, coal, alternative &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;energy sources and environmental services, as well as related transportation companies and equipment manufacturers, the Fund &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;is subject to risks associated with special risks, which include:&lt;/span&gt;&lt;/div&gt;&lt;div style="line-height: 12.02pt; margin-left: 31pt; margin-top: 10.00pt; text-align: justify;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.00%; text-decoration: underline;"&gt;Supply and Demand Risk&lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;. A decrease in the production of a physical commodity or a decrease in the volume of such &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;commodity available for transportation, mining, processing, storage or distribution may adversely impact the financial &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;performance of an energy, natural resources, basic materials or an associated company that devotes a portion of its &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;business to that commodity. Production declines and volume decreases could be caused by various factors, including &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;catastrophic events affecting production, depletion of resources, labor difficulties, environmental proceedings, increased &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;regulations, equipment failures and unexpected maintenance problems, import supply disruption, governmental &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;expropriation, political upheaval or conflicts or increased competition from alternative energy sources or commodity &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;prices. Alternatively, a sustained decline in demand for such commodities could also adversely affect the financial &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;performance of energy, natural resources, basic materials or associated companies. Factors that could lead to a decline in &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;demand include economic recession or other adverse economic conditions, higher taxes on commodities or increased &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;governmental regulations, increases in fuel economy, consumer shifts to the use of alternative commodities or fuel &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;sources, changes in commodity prices, or weather.&lt;/span&gt;&lt;/div&gt;&lt;div style="line-height: 12.02pt; margin-left: 31pt; margin-top: 10.00pt; text-align: justify;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.00%; text-decoration: underline;"&gt;Depletion and Exploration Risk&lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;. Many energy, natural resources, basic materials and associated companies are engaged &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;in the production of one or more physical commodities or are engaged in transporting, storing, distributing and &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;processing these items on behalf of shippers. To maintain or grow their revenues, these companies or their customers &lt;/span&gt;&lt;/div&gt;&lt;div style="line-height: 12.02pt; margin-left: 31pt; text-align: justify;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.00%;"&gt;need to maintain or expand their reserves through exploration of new sources of supply, through the development of &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;existing sources, through acquisitions or through long-term contracts to acquire reserves. The financial performance of &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;energy, natural resources, basic materials and associated companies may be adversely affected if they, or the companies &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;to whom they provide the service, are unable to cost-effectively acquire additional reserves sufficient to replace the &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;natural decline.&lt;/span&gt;&lt;/div&gt;&lt;div style="line-height: 12.02pt; margin-left: 31pt; margin-top: 10.19pt; text-align: justify;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.00%; text-decoration: underline;"&gt;Operational and Geological Risk&lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;. Energy, natural resources, basic materials companies and associated companies are &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;subject to specific operational and geological risks in addition to normal business and management risks. Some examples &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;of operational risks include mine rock falls, underground explosions and pit wall failures. Geological risk would include &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;faulting of the ore body and misinterpretation of geotechnical data.&lt;/span&gt;&lt;/div&gt;&lt;div style="line-height: 12.02pt; margin-left: 31pt; margin-top: 10.20pt; text-align: justify;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.00%; text-decoration: underline;"&gt;Regulatory Risk&lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;. Energy, natural resources, basic materials and associated companies are subject to significant federal, &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;state and local government regulation in virtually every aspect of their operations, including how facilities are &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;constructed, maintained and operated, environmental and safety controls, and the prices they may charge for the products &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;and services they provide. Various governmental authorities have the power to enforce compliance with these regulations &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;and the permits issued under them, and violators are subject to administrative, civil and criminal penalties, including civil &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;fines, injunctions or both. Stricter laws, regulations or enforcement policies could be enacted in the future which would &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;likely increase compliance costs and may adversely affect the operations and financial performance of energy, natural &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;resources and basic materials companies.&lt;/span&gt;&lt;/div&gt;&lt;div style="line-height: 12.02pt; margin-left: 31pt; margin-top: 10.20pt; text-align: justify;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.00%; text-decoration: underline;"&gt;Commodity Pricing Risk&lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;. The operations and financial performance of energy, natural resources and basic materials &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;companies may be directly affected by commodity prices, especially those energy, natural resources, basic materials and &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;associated companies that own the underlying commodity. Commodity prices fluctuate for several reasons, including &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;changes in market and economic conditions, the impact of weather on demand, levels of domestic production and &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;imported commodities, energy conservation, domestic and foreign governmental regulation and taxation, the availability &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;of local, intrastate and interstate transportation systems, governmental expropriation and political upheaval and conflicts. &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;Volatility of commodity prices, which may lead to a reduction in production or supply, may also negatively impact the &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;performance of energy, natural resources, basic materials and associated companies that are solely involved in the &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;transportation, processing, storing, distribution or marketing of commodities. Volatility of commodity prices may also &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;make it more difficult for energy, natural resources, basic materials and associated companies to raise capital to the extent &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;the market perceives that their performance may be directly or indirectly tied to commodity prices.&lt;/span&gt;&lt;/div&gt;&lt;div style="line-height: 12.02pt; margin-left: 31pt; margin-top: 10.20pt; text-align: justify;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.00%; text-decoration: underline;"&gt;Precious Metals Pricing Risk&lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;. The Fund may invest in companies that have a material exposure to precious metals, such &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;as gold, silver and platinum and precious metals related instruments and securities. The price of precious metals can &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;fluctuate widely and is affected by numerous factors beyond the Fund&#x2019;s control including: global or regional political, &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;economic or financial events and situations; investors&#x2019; expectations with respect to the future rates of inflation and &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;movements in world equity, financial and property markets; global supply and demand for specific precious metals, &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;which is influenced by such factors as mine production and net forward selling activities by precious metals producers, &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;central bank purchases and sales, jewelry demand and the supply of recycled jewelry, net investment demand and &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;industrial demand, net of recycling; interest rates and currency exchange rates, particularly the strength of and confidence &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;in the U.S. dollar; and investment and trading activities of hedge funds, commodity funds and other speculators. The &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;Fund does not intend to hold physical precious metals.&lt;/span&gt;&lt;/div&gt;&lt;div style="line-height: 12.02pt; margin-top: 10.10pt; text-align: left;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-weight: bold;"&gt;Risks of Personal Property Asset Companies&lt;/span&gt;&lt;/div&gt;&lt;div style="line-height: 12.02pt; margin-top: 10.10pt; text-align: left;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;"&gt;The Fund may invest in Income Securities and Common Equity Securities issued by Personal Property Asset Companies. &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;Personal (as opposed to real) property includes any tangible, movable property or asset. &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;The Fund will typically seek to invest in &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;Income Securities and Common Equity Securities of Personal Property Asset Companies that are associated with personal &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;property assets with investment performance that is not highly correlated with traditional market indexes, such as special &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;situation transportation assets (e.g., railcars, airplanes and ships) and collectibles (e.g., antiques, wine and fine art).&lt;/span&gt;&lt;/div&gt;&lt;div style="line-height: 12.02pt; margin-top: 10.10pt; text-align: left;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-style: italic; margin-left: 29pt;"&gt;Special Situation Transportation Assets Risks&lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;. The risks of special situation transportation assets include:&lt;/span&gt;&lt;/div&gt; &lt;div style="line-height: 12.02pt; margin-left: 31pt; margin-top: 10.10pt; text-align: justify;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.00%; text-decoration: underline;"&gt;Cyclicality of Supply and Demand for Transportation Assets Risk&lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;. The transportation asset leasing and sales industry has &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;periodically experienced cycles of oversupply and undersupply of railcars, aircraft and ships. &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;The oversupply of a specific &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;type of transportation asset in the market is likely to depress the values of that type of transportation asset. The supply &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;and demand of transportation assets is affected by various cyclical factors that are not under the Fund&#x2019;s control, &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;including: (i) passenger and cargo demand; (ii) commercial demand for certain types of transportation assets, (iii) fuel &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;costs and general economic conditions affecting lessees&#x2019; operations; (iv) government regulation, including operating &lt;/span&gt;&lt;/div&gt;  &lt;div style="line-height: 12.02pt; margin-left: 31pt; text-align: justify;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.00%;"&gt;restrictions; (v) interest rates; (vi) the availability of credit; (vii) manufacturer production level; (viii) retirement and &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;obsolescence of certain classes of transportation assets; (ix) re-introduction into service of transportation assets &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;previously in storage; and (x) traffic control infrastructure constraints.&lt;/span&gt;&lt;/div&gt; &lt;div style="line-height: 12.02pt; margin-left: 31pt; margin-top: 10.00pt; text-align: justify;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.00%; text-decoration: underline;"&gt;Risk of Decline in Value of Transportation Assets and Rental Values&lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;. In addition to factors linked to the railway, aviation &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;and shipping industries, other factors that may affect the value of transportation assets, and thus of the Personal Property &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;Asset Companies in which the Fund invests, include: (i) manufacturers merging or exiting the industry or ceasing to &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;produce specific types of transportation asset; (ii) the particular maintenance and operating history of the transportation &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;assets; (iii) the number of operators using that type of transportation asset; (iv) whether the railcar, aircraft or ship is &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;subject to a lease; (v) any regulatory and legal requirements that must be satisfied before the transportation asset can be &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;operated, sold or re-leased, (vi) compatibility of parts and layout of the transportation asset among operators of particular &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;asset; and (vii) any renegotiation of a lease on less favorable terms.&lt;/span&gt;&lt;/div&gt; &lt;div style="line-height: 12.02pt; margin-left: 31pt; margin-top: 10.00pt; text-align: justify;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.00%; text-decoration: underline;"&gt;Technological Risks&lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;. The availability for sale or lease of new, technologically advanced transportation assets and the &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;imposition of stringent noise, emissions or environmental regulations may make certain types of transportation assets less &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;desirable in the marketplace and therefore may adversely affect the owners&#x2019; ability to lease or sell such transportation &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;assets. Consequently, the owner will have to lease or sell many of the transportation assets close to the end of their useful &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;economic life. The owners&#x2019; ability to manage these technological risks by modifying or selling transportation assets will &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;likely be limited.&lt;/span&gt;&lt;/div&gt;  &lt;div style="line-height: 12.02pt; margin-left: 31pt; margin-top: 10.00pt; text-align: justify;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.00%; text-decoration: underline;"&gt;Risks Relating to Leases of Transportation Assets&lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;. Owner/lessors of transportation assets will typically require lessees of &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;assets to maintain customary and appropriate insurance. There can be no assurance that the lessees&#x2019; insurance will cover &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;all types of claims that may be asserted against the owner, which could adversely affect the value of the Fund&#x2019;s &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;investment in the Personal Property Asset Company owning such transportation asset. Personal Property Asset &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;Companies will be subject to credit risk of the lessees&#x2019; ability to the provisions of the lease of the transportation asset. &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;The Personal Property Asset Company will need to release or sell transportation assets as the current leases expire in &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;order to continue to generate revenues. The ability to re-lease or sell transportation assets will depend on general market &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;and competitive conditions. Some of the competitors of the Personal Property Asset Company may have greater access to &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;financial resources and may have greater operational flexibility. If the Personal Property Asset Company is not able to &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;re-lease a transportation asset, it may need to attempt to sell the aircraft to provide funds for its investors, including the &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;Fund.&lt;/span&gt;&lt;/div&gt; &lt;div style="line-height: 12.02pt; margin-top: 10.00pt; text-align: left;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-style: italic; margin-left: 29pt;"&gt;Collectible Assets Risks&lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;. The risks of collectible assets include:&lt;/span&gt;&lt;/div&gt; &lt;div style="line-height: 12.02pt; margin-left: 31pt; margin-top: 10.00pt; text-align: justify;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.00%; text-decoration: underline;"&gt;Valuation of Collectible Assets Risk&lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;. The market for collectible assets as a financial investment is in the early stages of &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;development. Collectible assets are typically bought and sold through auction houses, and estimates of prices of &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;collectible assets at auction are imprecise. Accordingly, collectible assets are difficult to value.&lt;/span&gt;&lt;/div&gt;  &lt;div style="line-height: 12.02pt; margin-left: 31pt; margin-top: 10.00pt; text-align: justify;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.00%; text-decoration: underline;"&gt;Liquidity of Collectible Assets Risk&lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;. There are relatively few auction houses in comparison to brokers and dealers of &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;traditional financial assets. The ability to sell collectible assets is dependent on the demand for particular classes of &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;collectible assets, which demand has been volatile and erratic in the past. There is no assurance that collectible assets can &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;be sold within a particular timeframe or at the price at which such collectible assets are valued, which may impair the &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;ability of the Fund to realize full value of Personal Property Asset Companies in the event of the need to liquidate such &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;assets.&lt;/span&gt;&lt;/div&gt;  &lt;div style="line-height: 12.02pt; margin-left: 31pt; margin-top: 10.00pt; text-align: justify;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.00%; text-decoration: underline;"&gt;Authenticity of Collectible Assets Risk&lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;. The value of collectible assets often depends on its rarity or scarcity, or of its &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;attribution as the product of a particular artisan. Collectible Assets are subject to forgery and to the inabilities to assess &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;the authenticity of the collectible asset, which may significantly impair the value of the collectible asset.&lt;/span&gt;&lt;/div&gt;  &lt;div style="line-height: 12.02pt; margin-left: 31pt; margin-top: 10.00pt; text-align: justify;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.00%; text-decoration: underline;"&gt;High Transaction and Related Costs Risk&lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;. Collectible assets are typically bought and sold through auction houses, which &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;typically charge commissions to the purchaser and to the seller which may exceed 20% of the sale price of the collectible &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;asset. In addition, holding collectible assets entails storage and insurance costs, which may be substantial.&lt;/span&gt;&lt;/div&gt; &lt;div style="line-height: 12.02pt; margin-top: 10.00pt; text-align: left;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-weight: bold;"&gt;Private Securities Risk&lt;/span&gt;&lt;/div&gt;&lt;div style="line-height: 12.02pt; margin-top: 9.99pt; text-align: left;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;"&gt;The Fund may invest in privately issued Income Securities and Common Equity Securities of both public and private &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;companies. Private Securities have additional risk considerations than investments in comparable public investments. &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;Whenever &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;the Fund invests in companies that do not publicly report financial and other material information, it assumes a greater degree of &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;investment risk and reliance upon the Sub-Adviser&#x2019;s ability to obtain and evaluate applicable information concerning such &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;companies&#x2019; creditworthiness and other investment considerations. Certain Private Securities may be illiquid. Because there is &lt;/span&gt;&lt;/div&gt;&lt;div style="line-height: 12.02pt; text-align: left;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;often no readily available trading market for Private Securities, the Fund may not be able to readily dispose of such investments &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;at prices that approximate those at which the Fund could sell them if they were more widely traded. Private Securities are also &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;more difficult to value. Valuation may require more research, and elements of judgment may play a greater role in the valuation &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;of Private Securities as compared to public securities because there is less reliable objective data available. Private Securities that &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;are debt securities generally are of below-investment grade quality, frequently are unrated and present many of the same risks as &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;investing in below-investment grade public debt securities. Investing in private debt instruments is a highly specialized &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;investment practice that depends more heavily on independent credit analysis than investments in other types of obligations.&lt;/span&gt;&lt;/div&gt;&lt;div style="line-height: 12.02pt; margin-top: 9.80pt; text-align: left;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-weight: bold;"&gt;Investment Funds Risk&lt;/span&gt;&lt;/div&gt;&lt;div style="line-height: 12.02pt; margin-top: 9.80pt; text-align: left;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;"&gt;As an alternative to holding investments directly, the Fund may also obtain investment exposure to Income Securities and &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;Common Equity Securities by investing up to 30% of its total assets in Investment Funds. &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;These investments include open-end &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;funds, closed-end funds, exchange-traded funds and business development companies as well as other pooled investment &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;vehicles. Investments in Investment Funds present certain special considerations and risks not present in making direct &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;investments in Income Securities and Common Equity Securities. Investments in Investment Funds subject the Fund to the risks &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;affecting such Investment Funds and involve operating expenses and fees that are in addition to the expenses and fees borne by &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;the Fund. Such expenses and fees attributable to the Fund&#x2019;s investment in another Investment Fund are borne indirectly by &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;Common Shareholders. Accordingly, investment in such entities involves expenses and fees at both levels. Fees charged by other &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;Investment Funds in which the Fund invests may be similar to the fees charged by the Fund and can include asset-based &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;management fees and administrative fees payable to such entities&#x2019; advisers and managers, thus resulting in fees at both levels. &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;Fees charged by other Investment Funds in which the Fund invests may be similar to the fees charged by the Fund and can &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;include asset-based management fees and administrative fees payable to such entities&#x2019; advisers and managers, thus resulting in &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;duplicative fees. To the extent management fees of Investment Funds are based on total gross assets, it may create an incentive &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;for such entities&#x2019; managers to employ Financial Leverage, thereby adding additional expense and increasing volatility and risk &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;(including the Fund's overall exposure to financial leverage risk). Fees payable to advisers and managers of Investment Funds &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;may include performance-based incentive fees calculated as a percentage of profits. Such incentive fees directly reduce the &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;return that otherwise would have been earned by investors over the applicable period. Fees payable to advisers and managers of &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;Investment Funds may include performance-based incentive fees calculated as a percentage of profits. Such incentive fees &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;directly reduce the return that otherwise would have been earned by investors over the applicable period. A performance-based &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;fee arrangement may create incentives for an adviser or manager to take greater investment risks in the hope of earning a higher &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;profit participation. Investments in Investment Funds frequently expose the Fund to an additional layer of Financial Leverage. &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;Investments in Investment Funds expose the Fund to additional management risk. The success of the Fund&#x2019;s investments in &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;Investment Funds will depend in large part on the investment skills and implementation abilities of the advisers or managers of &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;such entities. Decisions made by the advisers or managers of such entities may cause the Fund to incur losses or to miss profit &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;opportunities. While the Sub-Adviser will seek to evaluate managers of Investment Funds and where possible independently &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;evaluate the underlying assets, a substantial degree of reliance on such entities&#x2019; managers is nevertheless present with such &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;investments.&lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; line-height: 12.02pt;"&gt; &lt;/span&gt;&lt;/div&gt;&lt;div style="line-height: 12.02pt; margin-top: 9.81pt; text-align: left;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;"&gt;In October 2020, the SEC adopted certain regulatory changes and took other actions related to the ability of an &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;investment company to invest in another investment company (which, in certain instances, may also limit a fund&#x2019;s ability to &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;invest in certain types of structured finance vehicles). These changes include, among other things, amendments to Rule 12d1-1, &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;the rescission of Rule 12d1-2, the adoption of Rule 12d1-4, and the rescission of certain exemptive relief issued by the SEC &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;permitting such investments in excess of statutory limits and the withdrawal of certain related SEC staff no-action letters. These &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;changes and actions may adversely impact the Fund&#x2019;s investment strategies and operations, as well as those of the underlying &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;investment vehicles in which the Fund invests or other funds that invest in the Fund.&lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; line-height: 12.02pt;"&gt; &lt;/span&gt;&lt;/div&gt;&lt;div style="line-height: 12.02pt; margin-top: 9.80pt; text-align: left;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-weight: bold;"&gt;Synthetic Investments Risk&lt;/span&gt;&lt;/div&gt;&lt;div style="line-height: 12.02pt; margin-top: 9.80pt; text-align: left;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;"&gt;As an alternative to holding investments directly, the Fund may also obtain investment exposure to Income Securities and &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;Common Equity Securities through the use of customized derivative instruments (including swaps, options, forwards, notional &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;principal contracts or other financial instruments) to replicate, modify or replace the economic attributes associated with an &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;investment in Income Securities and Common Equity Securities (including interests in Investment Funds). &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;The Fund may be &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;exposed to certain additional risks to the extent the Sub-Adviser use derivatives as a means to synthetically implement the &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;Fund&#x2019;s investment strategies. If the Fund enters into a derivative instrument whereby it agrees to receive the return of a security &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;or financial instrument or a basket of securities or financial instruments, it will typically contract to receive such returns for a &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;predetermined period of time. During such period, the Fund may not have the ability to increase or decrease its exposure. In &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;addition, such customized derivative instruments will likely be highly illiquid, and it is possible that the Fund will not be able to &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;terminate such derivative instruments prior to their expiration date or that the penalties associated with such a termination might &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;impact the Fund&#x2019;s performance in a material adverse manner. Furthermore, certain derivative instruments contain provisions &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;giving the counterparty the right to terminate the contract upon the occurrence of certain events. Such events may include a &lt;/span&gt;&lt;/div&gt;&lt;div style="line-height: 12.02pt; text-align: left;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;decline in the value of the reference securities and material violations of the terms of the contract or the portfolio guidelines as &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;well as other events determined by the counterparty. If a termination were to occur, the Fund&#x2019;s return could be adversely affected &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;as it would lose the benefit of the indirect exposure to the reference securities and it may incur significant termination expenses.&lt;/span&gt;&lt;/div&gt;&lt;div style="line-height: 12.02pt; margin-top: 9.90pt; text-align: left;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;"&gt;In the event the Fund seeks to participate in Investment Funds (including Private Investment Funds) through the use of &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;such synthetic derivative instruments, the Fund will not acquire any voting interests or other shareholder rights that would be &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;acquired with a direct investment in the underlying Investment Fund. Accordingly, the Fund will not participate in matters &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;submitted to a vote of the shareholders. In addition, the Fund may not receive all of the information and reports to shareholders &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;that the Fund would receive with a direct investment in such Investment Fund.&lt;/span&gt;&lt;/div&gt;&lt;div style="line-height: 12.02pt; margin-top: 9.90pt; text-align: left;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;"&gt;Further, the Fund will pay the counterparty to any such customized derivative instrument structuring fees and ongoing &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;transaction fees, which will reduce the investment performance of the Fund. Finally, certain tax aspects of such customized &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;derivative instruments are uncertain and a Common Shareholder&#x2019;s return could be adversely affected by an adverse tax ruling.&lt;/span&gt;&lt;/div&gt;&lt;div style="line-height: 12.02pt; margin-top: 9.91pt; text-align: left;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-weight: bold;"&gt;Inflation/Deflation Risk&lt;/span&gt;&lt;/div&gt;&lt;div style="line-height: 12.02pt; margin-top: 9.90pt; text-align: left;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;"&gt;Inflation risk is the risk that the value of assets or income from investments will be worth less in the future as inflation &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;decreases the purchasing power and value of money. &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;As inflation increases, the real value of the Common Shares and &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;distributions can decline. Inflation rates may change frequently and significantly as a result of various factors, including &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;unexpected shifts in the domestic or global economy and changes in monetary or economic policies (or expectations that these &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;policies may change), and the Fund&#x2019;s investments may not keep pace with inflation, which would adversely affect the Fund. This &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;risk is significantly elevated compared to normal conditions because of recent monetary policy measures and the current low &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;interest rate environment. In addition, during any periods of rising inflation, the dividend rates or borrowing costs associated &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;with the Fund&#x2019;s use of Financial Leverage would likely increase, which would tend to further reduce returns to Common &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;Shareholders. Deflation risk is the risk that prices throughout the economy decline over time&#x2014;the opposite of inflation. &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;Deflation may have an adverse affect on the creditworthiness of issuers and may make issuer default more likely, which may &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;result in a decline in the value of the Fund&#x2019;s portfolio.&lt;/span&gt;&lt;/div&gt;&lt;div style="line-height: 12.02pt; margin-top: 10.00pt; text-align: left;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-weight: bold;"&gt;Market Discount Risk&lt;/span&gt;&lt;/div&gt;&lt;div style="line-height: 12.02pt; margin-top: 10.00pt; text-align: left;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;"&gt;The Fund&#x2019;s Common Shares have traded both at a premium and at a discount in relation to net asset value. The Fund &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;cannot predict whether the Common Shares will trade in the future at a premium or discount to net asset value. &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;The Fund&#x2019;s &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;Common Shares have recently traded at a premium to net asset value per share, which may not be sustainable. If the Common &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;Shares are trading at a premium to net asset value at the time you purchase Common Shares, the net asset value per share of the &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;Common Shares purchased will be less than the purchase price paid. Shares of closed-end investment companies frequently &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;trade at a discount from net asset value, but in some cases have traded above net asset value. The risk of the Common Shares &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;trading at a discount is a risk separate from the risk of a decline in the Fund&#x2019;s net asset value as a result of the Fund&#x2019;s investment &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;activities. The Fund&#x2019;s net asset value will be reduced immediately following an offering of the Common Shares due to the costs &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;of such offering, which will be borne entirely by the Fund. The sale of Common Shares by the Fund (or the perception that such &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;sales may occur) may have an adverse effect on prices of Common Shares in the secondary market. An increase in the number of &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;Common Shares available may put downward pressure on the market price for Common Shares. The Fund may, from time to &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;time, seek the consent of Common Shareholders to permit the issuance and sale by the Fund of Common Shares at a price below &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;the Fund&#x2019;s then current net asset value, subject to certain conditions, and such sales of Common Shares at price below net asset &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;value, if any, may increase downward pressure on the market price for Common Shares. These sales, if any, also might make it &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;more difficult for the Fund to sell additional Common Shares in the future at a time and price it deems appropriate.&lt;/span&gt;&lt;/div&gt;&lt;div style="line-height: 12.02pt; margin-top: 10.00pt; text-align: left;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;"&gt;Whether a Common Shareholder will realize a gain or loss upon the sale of Common Shares depends upon whether the &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;market value of the Common Shares at the time of sale is above or below the price the Common Shareholder paid, taking into &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;account transaction costs for the Common Shares, and is not directly dependent upon the Fund&#x2019;s net asset value. Because the &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;market value of the Common Shares will be determined by factors such as the relative demand for and supply of the shares in &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;the market, general market conditions and other factors outside the Fund&#x2019;s control, the Fund cannot predict whether the &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;Common Shares will trade at, below or above net asset value, or at, below or above the public offering price for the Common &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;Shares. Common Shares of the Fund are designed primarily for long-term investors; investors in Common Shares should not &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;view the Fund as a vehicle for trading purposes.&lt;/span&gt;&lt;/div&gt;&lt;div style="line-height: 12.02pt; margin-top: 10.00pt; text-align: left;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-weight: bold;"&gt;Dilution Risk&lt;/span&gt;&lt;/div&gt;&lt;div style="line-height: 12.02pt; margin-top: 10.00pt; text-align: left;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;"&gt;The voting power of current Common Shareholders will be diluted to the extent that current Common Shareholders do &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;not purchase Common Shares in any future offerings of Common Shares or do not purchase sufficient Common Shares to &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;maintain their percentage interest. &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;If the Fund is unable to invest the proceeds of such offering as intended, the Fund&#x2019;s per &lt;/span&gt;&lt;/div&gt;&lt;div style="line-height: 12.02pt; text-align: left;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;Common Share distribution may decrease and the Fund may not participate in market advances to the same extent as if such &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;proceeds were fully invested as planned. If the Fund sells Common Shares at a price below net asset value pursuant to the &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;consent of Common Shareholders, shareholders will experience a dilution of the aggregate net asset value per Common Share &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;because the sale price will be less than the Fund&#x2019;s then-current net asset value per Common Share. Similarly, were the expenses &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;of the offering to exceed the amount by which the sale price exceeded the Fund&#x2019;s then current net asset value per Common &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;Share, shareholders would experience a dilution of the aggregate net asset value per Common Share. This dilution will be &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;experienced by all shareholders, irrespective of whether they purchase Common Shares in any such offering. See &#x201c;Description &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;of Capital Structure&#x2014;Common Shares&#x2014;Issuance of Additional Common Shares.&#x201d;&lt;/span&gt;&lt;/div&gt;&lt;div style="line-height: 12.02pt; margin-top: 9.80pt; text-align: left;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-weight: bold;"&gt;Financial Leverage and Leveraged Transactions Risk&lt;/span&gt;&lt;/div&gt;&lt;div style="line-height: 12.02pt; margin-top: 9.90pt; text-align: left;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;"&gt;Although the use of Financial Leverage and leveraged transactions by the Fund may create an opportunity for increased &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;after-tax total return for the Common Shares, it also results in additional risks and can magnify the effect of any losses. &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;If the &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;income and gains earned on securities purchased with Financial Leverage and leveraged transaction proceeds are greater than &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;the cost of Financial Leverage and leveraged transactions, the Fund&#x2019;s return will be greater than if Financial Leverage and &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;leveraged transactions had not been used. Conversely, if the income or gains from the securities purchased with such proceeds &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;does not cover the cost of Financial Leverage and leveraged transactions, the return to the Fund will be less than if Financial &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;Leverage and leveraged transactions had not been used. There can be no assurance that a leveraging strategy will be &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;implemented or that it will be successful during any period during which it is employed.&lt;/span&gt;&lt;/div&gt;&lt;div style="line-height: 12.02pt; margin-top: 9.90pt; text-align: left;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;"&gt;Financial Leverage and leveraged transactions are speculative techniques that exposes the Fund to greater risk and &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;increased costs than if they were not implemented. Increases and decreases in the value of the Fund&#x2019;s portfolio will be magnified &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;when the Fund uses Financial Leverage and leveraged transactions. As a result, Financial Leverage and leveraged transactions &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;may cause greater changes in the Fund&#x2019;s NAV and returns than if Financial Leverage and leveraged transactions had not been &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;used. The Fund will also have to pay interest on its indebtedness, if any, which may reduce the Fund&#x2019;s return. This interest &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;expense may be greater than the Fund&#x2019;s return on the underlying investment, which would negatively affect the performance of &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;the Fund.&lt;/span&gt;&lt;/div&gt;&lt;div style="line-height: 12.02pt; margin-top: 9.90pt; text-align: left;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;"&gt;Financial Leverage and the use of leveraged transactions involve risks and special considerations for shareholders, &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;including the likelihood of greater volatility of NAV and market price of and dividends on the Common Shares than a &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;comparable portfolio without leverage; the risk that fluctuations in interest rates on Borrowings or in the dividend rate on any &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;Preferred Shares that the Fund must pay will reduce the return to the Common Shareholders; and the effect of Financial &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;Leverage and leveraged transactions in a declining market, which is likely to cause a greater decline in the NAV of the Common &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;Shares than if the Fund were not leveraged, which may result in a greater decline in the market price of the Common Shares.&lt;/span&gt;&lt;/div&gt;&lt;div style="line-height: 12.02pt; margin-top: 9.90pt; text-align: left;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;"&gt;Because the fees received by the Investment Adviser and Sub-Adviser are based on the Managed Assets of the Fund &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;(including the proceeds of any Financial Leverage), the Investment Adviser and Sub-Adviser have a financial incentive for the &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;Fund to utilize Financial Leverage, which may create a conflict of interest between the Investment Adviser and the Sub-Adviser &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;on the one hand and the Common Shareholders on the other. Common Shareholders bear the portion of the investment advisory &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;fee attributable to the assets purchased with the proceeds of Financial Leverage, which means that Common Shareholders &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;effectively bear the entire advisory fee. In order to manage this conflict of interest, the Board receives regular reports from the &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;Adviser regarding the Fund&#x2019;s use of Financial Leverage and the effect of Financial Leverage on the management of the Fund&#x2019;s &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;portfolio and the performance of the Fund.&lt;/span&gt;&lt;/div&gt;&lt;div style="line-height: 12.02pt; margin-top: 9.90pt; text-align: left;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;"&gt;Borrowings may subject the Fund to covenants in credit agreements relating to asset coverage and portfolio composition &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;requirements. Borrowings by the Fund also may subject the Fund to certain restrictions on investments imposed by guidelines of &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;one or more rating agencies, which may issue ratings for such indebtedness. Such guidelines may impose asset coverage or &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;portfolio composition requirements that are more stringent than those imposed by the 1940 Act. It is not anticipated that these &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;covenants or guidelines will impede the Adviser from managing the Fund&#x2019;s portfolio in accordance with the Fund&#x2019;s investment &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;objective and policies.&lt;/span&gt;&lt;/div&gt;&lt;div style="line-height: 12.02pt; margin-top: 9.90pt; text-align: left;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;"&gt;The Fund may enter into reverse repurchase agreements with the same parties with whom they may enter into repurchase &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;agreements (as described below). Under a reverse repurchase agreement, the Fund would sell securities or other assets and agree &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;to repurchase them at a particular price at a future date. Reverse repurchase agreements involve the risks that the interest income &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;earned on the investment of the proceeds will be less than the interest expense and Fund expenses associated with the repurchase &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;agreement, that the market value of the securities or other assets sold by the Fund may decline below the price at which the Fund &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;is obligated to repurchase such securities and that the securities may not be returned to the Fund. There is no assurance that &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;reverse repurchase agreements can be successfully employed. In the event of the insolvency of the counterparty to a reverse &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;repurchase agreement, recovery of the securities or other assets sold by the Fund may be delayed. The counterparty&#x2019;s insolvency &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;may result in a loss equal to the amount by which the value of the securities or other assets sold by the Fund exceeds the &lt;/span&gt;&lt;/div&gt;&lt;div style="line-height: 12.02pt; text-align: left;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;repurchase price payable by the Fund; if the value of the purchased securities or other assets increases during such a delay, that &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;loss may also be increased. When the Fund enters into a reverse repurchase agreement, any fluctuations in the market value of &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;either the securities or other assets transferred to another party or the securities or other assets in which the proceeds may be &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;invested would affect the market value of the Fund&#x2019;s assets. As a result, such transactions may increase fluctuations in the net &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;asset value of the Fund&#x2019;s Common Shares.&lt;/span&gt;&lt;/div&gt;&lt;div style="line-height: 12.02pt; margin-top: 9.81pt; text-align: left;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;"&gt;The Fund may enter into dollar roll transactions, in which the Fund sells a mortgage-backed or other security for &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;settlement on one date and buys back a substantially similar security (but not the same security) for settlement at a later date. &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;During the roll period, the Fund gives up the principal and interest payments on the security, but may invest the sale proceeds. &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;When the Fund enters into a dollar roll transaction, any fluctuation in the market value of the security transferred or the &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;securities in which the sales proceeds are invested can affect the market value of the Fund&#x2019;s assets, and therefore, the Fund&#x2019;s &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;NAV. Successful use of dollar rolls may depend upon the Sub-Adviser&#x2019;s ability to correctly predict interest rates and &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;prepayments. There is no assurance that dollar rolls can be successfully employed. Dollar roll transactions may sometimes be &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;considered the practical equivalent of Borrowing and constitute leverage. Dollar roll transactions also involve the risk that the &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;market value of the securities the Fund is required to deliver may decline below the agreed upon repurchase price of those &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;securities. In addition, in the event that the Fund&#x2019;s counterparty becomes insolvent or otherwise unable or unwilling to perform &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;its obligations, the Fund&#x2019;s use of the proceeds may become restricted pending a determination as to whether to enforce the &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;Fund&#x2019;s obligation to purchase the substantially similar securities.&lt;/span&gt;&lt;/div&gt;&lt;div style="line-height: 12.02pt; margin-top: 9.90pt; text-align: left;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;"&gt;The Fund may engage in certain derivatives transactions that have economic characteristics similar to leverage. Under &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;current regulatory requirements, to the extent the terms of any such transaction obligate the Fund to make payments, to mitigate &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;leveraging risk and otherwise comply with regulatory requirements, the Fund must segregate or earmark liquid assets to meet its &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;obligations under, or otherwise cover, the transactions that may give rise to this risk. Securities so segregated or designated as &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;&#x201c;cover&#x201d; will be unavailable for sale by the Sub- Adviser (unless replaced by other securities qualifying for segregation or cover &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;requirements), which may adversely affect the ability of the Fund to pursue its investment objective.&lt;/span&gt;&lt;/div&gt;&lt;div style="line-height: 12.02pt; margin-top: 9.91pt; text-align: left;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;"&gt;The Fund may have Financial Leverage and leveraged transactions outstanding during a short-term period during which &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;such Financial Leverage and leveraged transactions may not be beneficial to the Fund if the Adviser believes that the long-term &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;benefits to Common Shareholders of such Financial Leverage and leveraged transactions would outweigh the costs and portfolio &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;disruptions associated with redeeming and reissuing or closing out and reopening such Financial Leverage and leveraged &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;transactions. However, there can be no assurance that the Adviser&#x2019;s judgment in weighing such costs and benefits will be correct.&lt;/span&gt;&lt;/div&gt;&lt;div style="line-height: 12.02pt; margin-top: 9.90pt; text-align: left;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;"&gt;Recent economic and market events have contributed to severe market volatility at times and caused severe liquidity &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;strains in the credit markets during some periods. If dislocations in the credit markets continue, the Fund&#x2019;s leverage costs may &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;increase and there is a risk that the Fund may not be able to renew or replace existing leverage on favorable terms or at all. If the &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;cost of leverage is no longer favorable, or if the Fund is otherwise required to reduce its leverage, the Fund may not be able to &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;maintain distributions on Common Shares at historical levels and Common Shareholders will bear any costs associated with &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;selling portfolio securities.&lt;/span&gt;&lt;/div&gt;&lt;div style="line-height: 12.02pt; margin-top: 9.90pt; text-align: left;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;"&gt;The Fund&#x2019;s total Financial Leverage and leveraged transactions may vary significantly over time. To the extent the Fund &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;increases its amount of Financial Leverage and leveraged transactions outstanding, it will be more exposed to these risks. The &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;Fund may also be exposed to the risks associated with Financial Leverage through its investments in Investment Funds.&lt;/span&gt;&lt;/div&gt; &lt;div style="line-height: 12.02pt; margin-top: 9.90pt; text-align: left;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-weight: bold;"&gt;Derivatives Transactions Risk&lt;/span&gt;&lt;/div&gt; &lt;div style="line-height: 12.02pt; margin-top: 9.90pt; text-align: left;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-style: italic; margin-left: 29pt;"&gt;Derivatives Transactions Risk&lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt; In General. In addition to the covered call option strategy described above, the Fund may, &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;but is not required to, utilize other derivatives, including futures contracts, swaps transactions and other strategic transactions to &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;seek to earn income, facilitate portfolio management and mitigate risks. &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;Participation in derivatives markets transactions &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;involves investment risks and transaction costs to which the Fund would not be subject absent the use of these strategies (other &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;than its covered call writing strategy). Certain derivatives transactions that involve leverage can result in losses that greatly &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;exceed the amount originally invested. Derivatives transactions utilizing instruments denominated in foreign currencies will &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;expose the Fund to foreign currency risk. Derivatives transactions involve risks of mispricing or improper valuation, and the &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;documentation governing a derivative instrument or transaction may be unfavorable or ambiguous. Derivatives transactions may &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;involve commissions and other costs, which may increase the Fund&#x2019;s expenses and reduce its return. Various legislative and &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;regulatory initiatives may impact the availability, liquidity and cost of derivative instruments, limit or restrict the ability of the &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;Fund to use certain derivative instruments or transact with certain counterparties as a part of its investment strategy, increase the &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;costs of using derivative instruments or make derivative instruments less effective. In connection with certain derivatives &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;transactions, under current regulatory requirements, to the extent the terms of any such transaction obligate the Fund to make &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;payments, the Fund may be required to segregate liquid assets or otherwise cover such transactions. The Fund also may be &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;required to deposit amounts as premiums or to be held in margin accounts. Such amounts may not otherwise be available to the &lt;/span&gt;&lt;/div&gt;&lt;div style="line-height: 12.02pt; text-align: left;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;Fund for investment purposes. The Fund may earn a lower return on its portfolio than it might otherwise earn if it did not have to &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;segregate assets in respect of, or otherwise cover, its derivatives transactions positions. To the extent the Fund&#x2019;s assets are &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;segregated or committed as cover, it could limit the Fund&#x2019;s investment flexibility. Segregating assets and covering positions will &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;not limit or offset losses on related positions. Participation in derivatives market transactions involves investment risks and &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;transaction costs to which the Fund would not be subject absent the use of these strategies. &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;The skills necessary to successfully &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;execute derivatives strategies may be different from those for more traditional portfolio management techniques, and if the Sub-Adviser&lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt; is incorrect about its expectations of market conditions, the use of derivatives could also result in a loss, which in some &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;cases may be unlimited. Additional risks inherent in the use of derivatives include:&lt;/span&gt;&lt;/div&gt;&lt;div&gt; &lt;div style="clear: both; margin-top: 9.70pt; position: relative; width: 100%;"&gt; &lt;div style="float: left; line-height: 12.02pt; text-align: left; width: 3.51pt;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;&#x2022;&lt;/span&gt;&lt;/div&gt; &lt;div style="float: left; line-height: 12.02pt; margin-left: 25.49pt; text-align: justify; width: 482.00pt;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;dependence on the Sub-Adviser&#x2019;s ability to predict correctly movements in the direction of interest rates and securities &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;prices;&lt;/span&gt;&lt;/div&gt; &lt;/div&gt; &lt;div style="clear: both; position: relative;"/&gt; &lt;/div&gt;&lt;div&gt; &lt;div style="clear: both; margin-top: 9.71pt; position: relative; width: 100%;"&gt; &lt;div style="float: left; line-height: 12.02pt; text-align: left; width: 3.51pt;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;&#x2022;&lt;/span&gt;&lt;/div&gt; &lt;div style="float: left; line-height: 12.02pt; margin-left: 25.49pt; text-align: left; width: 482.00pt;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;imperfect correlation between the price of derivatives and movements in the prices of the securities being hedged;&lt;/span&gt;&lt;/div&gt; &lt;/div&gt; &lt;div style="clear: both; position: relative;"/&gt; &lt;/div&gt;&lt;div&gt; &lt;div style="clear: both; margin-top: 9.70pt; position: relative; width: 100%;"&gt; &lt;div style="float: left; line-height: 12.02pt; text-align: left; width: 3.51pt;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;&#x2022;&lt;/span&gt;&lt;/div&gt; &lt;div style="float: left; line-height: 12.02pt; margin-left: 25.49pt; text-align: left; width: 482.00pt;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;the fact that skills needed to use these strategies are different from those needed to select portfolio securities;&lt;/span&gt;&lt;/div&gt; &lt;/div&gt; &lt;div style="clear: both; position: relative;"/&gt; &lt;/div&gt;&lt;div&gt; &lt;div style="clear: both; margin-top: 9.70pt; position: relative; width: 100%;"&gt; &lt;div style="float: left; line-height: 12.02pt; text-align: left; width: 3.51pt;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;&#x2022;&lt;/span&gt;&lt;/div&gt; &lt;div style="float: left; line-height: 12.02pt; margin-left: 25.49pt; text-align: left; width: 482.00pt;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;the possible absence of a liquid secondary market for any particular instrument at any time;&lt;/span&gt;&lt;/div&gt; &lt;/div&gt; &lt;div style="clear: both; position: relative;"/&gt; &lt;/div&gt;&lt;div&gt; &lt;div style="clear: both; margin-top: 9.70pt; position: relative; width: 100%;"&gt; &lt;div style="float: left; line-height: 12.02pt; text-align: left; width: 3.51pt;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;&#x2022;&lt;/span&gt;&lt;/div&gt; &lt;div style="float: left; line-height: 12.02pt; margin-left: 25.49pt; text-align: left; width: 482.00pt;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;the possible need to defer closing out certain hedged positions to avoid adverse tax consequences;&lt;/span&gt;&lt;/div&gt; &lt;/div&gt; &lt;div style="clear: both; position: relative;"/&gt; &lt;/div&gt;&lt;div&gt; &lt;div style="clear: both; margin-top: 9.70pt; position: relative; width: 100%;"&gt; &lt;div style="float: left; line-height: 12.02pt; text-align: left; width: 3.51pt;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;&#x2022;&lt;/span&gt;&lt;/div&gt; &lt;div style="float: left; line-height: 12.02pt; margin-left: 25.49pt; text-align: justify; width: 482.00pt;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;the possible inability of the Fund to purchase or sell a security at a time that otherwise would be favorable for it to do so, &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;or the possible need for the Fund to sell a security at a disadvantageous time due to a need for the Fund to maintain &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;&#x201c;cover&#x201d; or to segregate securities in connection with the hedging techniques; and&lt;/span&gt;&lt;/div&gt; &lt;/div&gt; &lt;div style="clear: both; position: relative;"/&gt; &lt;/div&gt;&lt;div&gt; &lt;div style="clear: both; margin-top: 9.70pt; position: relative; width: 100%;"&gt; &lt;div style="float: left; line-height: 12.02pt; text-align: left; width: 3.51pt;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;&#x2022;&lt;/span&gt;&lt;/div&gt; &lt;div style="float: left; line-height: 12.02pt; margin-left: 25.49pt; text-align: left; width: 482.00pt;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;the creditworthiness of counterparties.&lt;/span&gt;&lt;/div&gt; &lt;/div&gt; &lt;div style="clear: both; position: relative;"/&gt; &lt;/div&gt; &lt;div style="line-height: 12.02pt; margin-top: 9.70pt; text-align: left;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-style: italic; margin-left: 29pt;"&gt;Futures Transactions Risk&lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;. The Fund may invest in futures contracts and options on futures contracts. Futures and options &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;on futures entail certain risks, including but not limited to the following:&lt;/span&gt;&lt;/div&gt; &lt;div&gt; &lt;div style="clear: both; margin-top: 9.70pt; position: relative; width: 100%;"&gt; &lt;div style="float: left; line-height: 12.02pt; text-align: left; width: 3.51pt;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;&#x2022;&lt;/span&gt;&lt;/div&gt; &lt;div style="float: left; line-height: 12.02pt; margin-left: 25.49pt; text-align: left; width: 482.00pt;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;no assurance that futures contracts or options on futures can be offset at favorable prices;&lt;/span&gt;&lt;/div&gt; &lt;/div&gt; &lt;div style="clear: both; position: relative;"/&gt; &lt;/div&gt;&lt;div&gt; &lt;div style="clear: both; margin-top: 9.70pt; position: relative; width: 100%;"&gt; &lt;div style="float: left; line-height: 12.02pt; text-align: left; width: 3.51pt;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;&#x2022;&lt;/span&gt;&lt;/div&gt; &lt;div style="float: left; line-height: 12.02pt; margin-left: 25.49pt; text-align: left; width: 482.00pt;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;possible reduction of the return of the Fund due to their use for hedging;&lt;/span&gt;&lt;/div&gt; &lt;/div&gt; &lt;div style="clear: both; position: relative;"/&gt; &lt;/div&gt; &lt;div&gt; &lt;div style="clear: both; margin-top: 9.71pt; position: relative; width: 100%;"&gt; &lt;div style="float: left; line-height: 12.02pt; text-align: left; width: 3.51pt;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;&#x2022;&lt;/span&gt;&lt;/div&gt; &lt;div style="float: left; line-height: 12.02pt; margin-left: 25.49pt; text-align: left; width: 482.00pt;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;possible reduction in value of both the securities hedged and the hedging instrument;&lt;/span&gt;&lt;/div&gt; &lt;/div&gt; &lt;div style="clear: both; position: relative;"/&gt; &lt;/div&gt; &lt;div&gt; &lt;div style="clear: both; margin-top: 9.70pt; position: relative; width: 100%;"&gt; &lt;div style="float: left; line-height: 12.02pt; text-align: left; width: 3.51pt;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;&#x2022;&lt;/span&gt;&lt;/div&gt; &lt;div style="float: left; line-height: 12.02pt; margin-left: 25.49pt; text-align: justify; width: 482.00pt;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;possible lack of liquidity, trading restrictions or limitations that may be imposed by an exchange, and the potential that &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;government regulations may restrict trading&lt;/span&gt;&lt;/div&gt; &lt;/div&gt; &lt;div style="clear: both; position: relative;"/&gt; &lt;/div&gt;&lt;div&gt; &lt;div style="clear: both; margin-top: 9.70pt; position: relative; width: 100%;"&gt; &lt;div style="float: left; line-height: 12.02pt; text-align: left; width: 3.51pt;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;&#x2022;&lt;/span&gt;&lt;/div&gt; &lt;div style="float: left; line-height: 12.02pt; margin-left: 25.49pt; text-align: left; width: 482.00pt;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;imperfect correlation between the contracts and the securities being hedged; and&lt;/span&gt;&lt;/div&gt; &lt;/div&gt; &lt;div style="clear: both; position: relative;"/&gt; &lt;/div&gt;&lt;div&gt; &lt;div style="clear: both; margin-top: 9.70pt; position: relative; width: 100%;"&gt; &lt;div style="float: left; line-height: 12.02pt; text-align: left; width: 3.51pt;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;&#x2022;&lt;/span&gt;&lt;/div&gt; &lt;div style="float: left; line-height: 12.02pt; margin-left: 25.49pt; text-align: justify; width: 482.00pt;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;losses from investing in futures transactions that are potentially unlimited and the segregation requirements for such &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;transactions.&lt;/span&gt;&lt;/div&gt; &lt;/div&gt; &lt;div style="clear: both; position: relative;"/&gt; &lt;/div&gt;&lt;div style="line-height: 12.02pt; margin-top: 9.70pt; text-align: left;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;"&gt;Under current regulatory requirements, with respect to futures contracts that are not contractually required to &#x201c;cash-settle,&#x201d;&lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt; the Fund usually must cover its open positions by earmarking or segregating on its records cash or liquid assets equal to &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;the contract&#x2019;s notional value. For futures contracts that are &#x201c;cash-settled,&#x201d; however, the Fund is permitted to earmark or segregate &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;cash or liquid assets in an amount equal to the Fund&#x2019;s next daily marked-to-market (net) obligation, if any (i.e., the Fund&#x2019;s daily &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;net liability) rather than the notional value. By earmarking or designating assets equal to only its net obligation under cash-settled&lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt; futures, the Fund will have the ability to employ leverage to a greater extent than if the Fund were required to earmark or &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;segregate assets equal to the full notional value of such contracts. However, as described above, the SEC adopted a final rule &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;related to the use of derivatives, reverse repurchase agreements and certain other transactions by registered investment &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;companies that will rescind and withdraw the guidance of the SEC and its staff regarding asset segregation and coverage &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;transactions reflected in the Fund&#x2019;s asset segregation and cover practices discussed herein.&lt;/span&gt;&lt;/div&gt;&lt;div style="line-height: 12.02pt; margin-top: 9.81pt; text-align: left;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-style: italic; margin-left: 29pt;"&gt;Counterparty Risk&lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;. Counterparty risk is the risk that a counterparty to a Fund transaction (e.g., prime brokerage or &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;securities lending arrangement or derivatives transaction) will be unable or unwilling to perform its contractual obligation to the &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;Fund. The Fund is exposed to credit risks that the counterparty may be unwilling or unable to make timely payments or &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;otherwise meet its contractual obligations. If the counterparty becomes bankrupt or defaults on (or otherwise becomes unable or &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;unwilling to perform) its payment or other obligations to the Fund, the Fund may not receive the full amount that it is entitled to &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;receive or may experience delays in recovering the collateral or other assets held by, or on behalf of, the counterparty. If this &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;occurs, or if exercising contractual rights involves delays or costs for the Fund, the value of your shares in the Fund may &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;decrease.&lt;/span&gt;&lt;/div&gt;&lt;div style="line-height: 12.02pt; margin-top: 10pt; text-align: left;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;"&gt;The Fund bears the risk that counterparties may be adversely affected by legislative or regulatory changes, adverse &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;market conditions (such as the current conditions), increased competition, and/or wide scale credit losses resulting from &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;financial difficulties of the counterparties&#x2019; other trading partners or borrowers.&lt;/span&gt;&lt;/div&gt;&lt;div style="line-height: 12.02pt; margin-top: 9.80pt; text-align: left;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;"&gt;The counterparty risk for cleared derivatives is generally lower than for uncleared OTC derivatives transactions since &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;generally a clearing organization becomes substituted for each counterparty to a cleared derivative contract and, in effect, &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;guarantees the parties&#x2019; performance under the contract as each party to a trade looks only to the clearing organization for &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;performance of financial obligations under the derivative contract. However, there can be no assurance that a clearing &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;organization, or its members, will satisfy its obligations to the Fund.&lt;/span&gt;&lt;/div&gt;&lt;div style="line-height: 12.02pt; margin-top: 9.80pt; text-align: left;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-style: italic; margin-left: 29pt;"&gt;Risks Associated with Swaps&lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;. The Fund may enter into swap transactions, including credit default swaps, total return &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;swaps, index swaps, currency swaps, commodity swaps and interest rate swaps, as well as options thereon, and may purchase or &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;sell interest rate caps, floors and collars. The Fund may utilize swap agreements in an attempt to gain exposure to certain &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;securities without purchasing those securities, which is speculative, or to hedge a position.&lt;/span&gt;&lt;/div&gt;&lt;div style="line-height: 12.02pt; margin-top: 9.90pt; text-align: left;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;"&gt;Risks associated with the use of swap agreements are different from those associated with ordinary portfolio securities &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;transactions, largely due to the fact they could be considered illiquid and many swaps currently trade on the OTC market. If the &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;Sub-Adviser is incorrect in its forecasts of market values, interest rates or currency exchange rates, the investment performance &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;of the Fund may be less favorable than it would have been if these investment techniques were not used. Such transactions are &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;subject to market risk, risk of default by the other party to the transaction and risk of imperfect correlation between the value of &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;such instruments and the underlying assets and may involve commissions or other costs. Swaps generally do not involve the &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;delivery of securities, other underlying assets or principal. Accordingly, the risk of loss with respect to swaps generally is limited &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;to the net amount of payments that the Fund is contractually obligated to make, or in the case of the other party to a swap &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;defaulting, the net amount of payments that the Fund is contractually entitled to receive. Swaps are subject to valuation, liquidity &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;and leveraging risks and could result in substantial losses to the Fund.&lt;/span&gt;&lt;/div&gt;&lt;div style="line-height: 12.02pt; margin-top: 9.90pt; text-align: left;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;"&gt;Swaps may effectively add leverage to the Fund&#x2019;s portfolio because the Fund would be subject to investment exposure on &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;the full notional amount of the swap. Swaps are subject to the risk that a counterparty will default on its payment obligations to &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;the Fund thereunder.&lt;/span&gt;&lt;/div&gt;&lt;div style="line-height: 12.02pt; margin-top: 9.90pt; text-align: left;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;"&gt;When the Fund acts as a seller of a credit default swap agreement with respect to a debt security, it is subject to the risk &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;that an adverse credit event may occur with respect to the issuer of the debt security and the Fund may be required to pay the &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;buyer the full notional value of the debt security under the swap net of any amounts owed to the Fund by the buyer under the &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;swap (such as the buyer&#x2019;s obligation to deliver the debt security to the Fund). As a result, the Fund bears the entire risk of loss &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;due to a decline in value of a referenced debt security on a credit default swap it has sold if there is a credit event with respect to &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;the issuer of the security. If the Fund is a buyer of a credit default swap and no credit event occurs, the Fund may recover &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;nothing if the swap is held through its termination date. However, if a credit event occurs, the Fund generally may elect to &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;receive the full notional value of the swap in exchange for an equal face amount of deliverable obligations of the reference entity &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;whose value may have significantly decreased.&lt;/span&gt;&lt;/div&gt;&lt;div style="line-height: 12.02pt; margin-top: 9.90pt; text-align: left;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;"&gt;The swap market has become more standardized in recent years with a large number of banks and investment banking &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;firms acting both as principals and as agents utilizing standardized swap documentation. As a result, some swaps have become &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;relatively liquid. Although the swap market has become liquid, certain types of derivatives products, such as caps, floors and &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;collars may be less liquid than swaps in general.&lt;/span&gt;&lt;/div&gt;&lt;div style="line-height: 12.02pt; margin-top: 9.90pt; text-align: left;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;"&gt;Certain standardized swaps are subject to mandatory exchange-trading and/or central clearing. Exchange-trading and &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;central clearing are expected to reduce counterparty credit risk and increase liquidity, but exchange-trading and central clearing &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;do not make swap transactions risk-free. The Dodd-Frank Wall Street Reform and Consumer Protection Act (the &#x201c;Dodd-Frank &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;Act&#x201d;) and related regulatory developments require the clearing and exchange-trading of certain OTC derivative instruments that &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;the CFTC and SEC have defined as &#x201c;swaps.&#x201d; Mandatory exchange-trading and clearing are occurring on a phased-in basis based &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;on CFTC approval of contracts for central clearing. Depending on the Fund&#x2019;s size and other factors, the margin required under &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;the rules of the clearinghouse and by the clearing member may be in excess of the collateral required to be posted by the Fund to &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;support its obligations under a similar bilateral swap. In addition, regulators have developed rules that require trading and &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;execution of the most liquid swaps on trading facilities. Moving trading to an exchange-type system may increase market &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;transparency and liquidity but may require the Fund to incur increased expenses to access the same types of cleared and &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;uncleared swaps. In addition, the CFTC and other applicable regulators have adopted rules imposing certain margin &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;requirements, including minimums, on uncleared swaps which may result in the Fund and its counterparties posting higher &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;margin amounts for uncleared swaps. Recently adopted rules also require centralized reporting of detailed information about &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;many types of cleared and uncleared swaps. Reporting of swap data may result in greater market transparency, but may subject &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;the Fund to additional administrative burdens and the safeguards established to protect trader anonymity may not function as &lt;/span&gt;&lt;/div&gt;&lt;div style="line-height: 12.02pt; text-align: left;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;expected. The Sub-Adviser will continue to monitor developments in this area, particularly to the extent regulatory changes &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;affect the ability of the Fund to enter into swap agreements. In addition, the CFTC in October 2020 adopted amendments to its &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;position limits rules that establish certain new and amended position limits for 25 specified physical commodity futures and &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;related options contracts traded on exchanges, other futures contracts and related options directly or indirectly linked to such 25 &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;specified contracts, and any OTC transactions that are economically equivalent to the 25 specified contracts.&lt;/span&gt;&lt;/div&gt;&lt;div style="line-height: 12.02pt; margin-top: 10.30pt; text-align: left;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;"&gt;Further regulatory developments in the swap market may adversely impact the swap market generally or the Fund&#x2019;s &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;ability to use swaps.&lt;/span&gt;&lt;/div&gt;&lt;div style="line-height: 12.02pt; margin-top: 10.30pt; text-align: left;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-weight: bold;"&gt;Portfolio Turnover Risk&lt;/span&gt;&lt;/div&gt;&lt;div style="line-height: 12.02pt; margin-top: 10.30pt; text-align: left;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;"&gt;The Fund&#x2019;s annual portfolio turnover rate may vary greatly from year to year. Portfolio turnover rate is not considered a &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;limiting factor in the execution of investment decisions for the Fund. A higher portfolio turnover rate results in correspondingly &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;greater brokerage commissions and other transactional expenses that are borne by the Fund. High portfolio turnover may result &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;in an increased realization of net short-term capital gains by the Fund which, when distributed to Common Shareholders, will be &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;taxable as ordinary income. Additionally, in a declining market, portfolio turnover may create realized capital losses. See &#x201c;U.S. &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;Federal Income Tax Considerations.&#x201d;&lt;/span&gt;&lt;/div&gt;&lt;div style="line-height: 12.02pt; margin-top: 10.29pt; text-align: left;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-weight: bold;"&gt;U.S. Government Securities Risk&lt;/span&gt;&lt;/div&gt;&lt;div style="line-height: 12.02pt; margin-top: 10.30pt; text-align: left;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;"&gt;Different types of U.S. government securities have different relative levels of credit risk depending on the nature of the &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;particular government support for that security. U.S. government securities may be supported by: (i)&#160;the full faith and credit of &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;the United States government; (ii)&#160;the ability of the issuer to borrow from the U.S. Treasury; (iii)&#160;the credit of the issuing agency, &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;instrumentality or government-sponsored entity (&#x201c;GSE&#x201d;); (iv)&#160;pools of assets (e.g., mortgage-backed securities); or (v)&#160;the &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;United States in some other way. &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;The U.S. government and its agencies and instrumentalities do not guarantee the market value &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;of their securities, which may fluctuate in value and are subject to investment risks, and certain U.S. government securities may &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;not be backed by the full faith and credit of the United States government. The value of U.S. government obligations may be &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;adversely affected by changes in interest rates. It is possible that the issuers of some U.S. government securities will not have the &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;funds to timely meet their payment obligations in the future and there is a risk of default. For certain agency and GSE issued &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;securities, there is no guarantee the U.S. government will support the agency or GSE if it is unable to meet its obligations.&lt;/span&gt;&lt;/div&gt;&lt;div style="line-height: 12.02pt; margin-top: 10.29pt; text-align: left;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-weight: bold;"&gt;Legislation and Regulation Risk&lt;/span&gt;&lt;/div&gt;&lt;div style="line-height: 12.02pt; margin-top: 10.30pt; text-align: left;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;"&gt;At any time after the date hereof, U.S. and non-U.S. governmental agencies and other regulators may implement &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;additional regulations and legislators may pass new laws that affect the investments held by the Fund, the strategies used by the &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;Fund or the level of regulation or taxation applying to the Fund (such as regulations related to investments in derivatives and &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;other transactions). These regulations and laws impact the investment strategies, performance, costs and operations of the Fund, &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;as well as the way investments in, and shareholders of, the Fund are taxed.&lt;/span&gt;&lt;/div&gt;&lt;div style="line-height: 12.02pt; margin-top: 10.29pt; text-align: left;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-weight: bold;"&gt;LIBOR Replacement Risk&lt;/span&gt;&lt;/div&gt;&lt;div style="line-height: 12.02pt; margin-top: 10.30pt; text-align: left;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;"&gt;The terms of many investments, financings or other transactions in the U.S. and globally have been historically tied to &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;interbank reference rates (referred to collectively as the &#x201c;London Interbank Offered Rate&#x201d; or &#x201c;LIBOR&#x201d;), which function as a &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;reference rate or benchmark for such investments, financings or other transactions. &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;LIBOR may be a significant factor in &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;determining payment obligations under derivatives transactions, the cost of financing of Fund investments or the value or return &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;on certain other Fund investments. As a result, LIBOR may be relevant to, and directly affect, the Fund&#x2019;s performance.&lt;/span&gt;&lt;/div&gt;&lt;div style="line-height: 12.02pt; margin-top: 10.30pt; text-align: left;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;"&gt;On July 27, 2017, the Chief Executive of the Financial Conduct Authority (&#x201c;FCA&#x201d;), the United Kingdom&#x2019;s financial &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;regulatory body and regulator of LIBOR, announced that after 2021 it will cease its active encouragement of banks to provide &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;the quotations needed to sustain LIBOR due to the absence of an active market for interbank unsecured lending and other &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;reasons. On March&#160;5, 2021, the FCA and the LIBOR administrator announced that most tenors and settings of LIBOR will be &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;officially discontinued on December&#160;31, 2021 and the most widely used U.S. dollar LIBOR tenors will be discontinued on &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;June&#160;30, 2023 and that such LIBOR rates will no longer be sufficiently robust to be representative of their underlying markets &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;around that time. Various financial industry groups have begun planning for that transition and certain regulators and industry &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;groups have taken actions to establish alternative reference rates (e.g., the Secured Overnight Financing Rate, which measures &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;the cost of overnight borrowings through repurchase agreement transactions collateralized with U.S. Treasury securities and is &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;intended to replace U.S. dollar LIBOR with certain adjustments). However, there are challenges to converting contracts and &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;transactions to a new benchmark and neither the full effects of the transition process nor its ultimate outcome is known.&lt;/span&gt;&lt;/div&gt;&lt;div style="line-height: 12.02pt; margin-top: 10pt; text-align: left;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;"&gt;The transition process might lead to increased volatility and illiquidity in markets for instruments with terms tied to &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;LIBOR. It could also lead to a reduction in the interest rates on, and the value of, some LIBOR-based investments and reduce &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;the effectiveness of hedges mitigating risk in connection with LIBOR-based investments. Although some LIBOR-based &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;instruments may contemplate a scenario where LIBOR is no longer available by providing for an alternative rate-setting &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;methodology or increased costs for certain LIBOR-related instruments or financing transactions, others may not have such &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;provisions and there may be significant uncertainty regarding the effectiveness of any such alternative methodologies. &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;Instruments that include robust fallback provisions to facilitate the transition from LIBOR to an alternative reference rate may &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;also include adjustments that do not adequately compensate the holder for the different characteristics of the alternative &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;reference rate. The result may be that the fallback provision results in a value transfer from one party to the instrument to the &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;counterparty. Additionally, because such provisions may differ across instruments (e.g., hedges versus cash positions hedged), &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;LIBOR&#x2019;s cessation may give rise to basis risk and render hedges less effective. As the usefulness of LIBOR as a benchmark &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;could deteriorate during the transition period, these effects and related adverse conditions could occur prior to the end of some &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;LIBOR tenors in 2021 or the remaining LIBOR tenors in mid-2023. There also remains uncertainty and risk regarding the &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;willingness and ability of issuers to include enhanced provisions in new and existing contracts or instruments. The effect of any &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;changes to, or discontinuation of, LIBOR on the Fund will vary depending, among other things, on (1) existing fallback or &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;termination provisions in individual contracts and the possible renegotiation of existing contracts and (2) whether, how, and &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;when industry participants develop and adopt new reference rates and fallbacks for both legacy and new products and &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;instruments. Fund investments may also be tied to other interbank offered rates and currencies, which also will face similar &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;issues. In many cases, in the event that an instrument falls back to an alternative reference rate, including the Secured Overnight &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;Financing Rate (&#x201c;SOFR&#x201d;), the alternative reference rate will not perform the same as LIBOR because the alternative reference &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;rates do not include a credit sensitive component in the calculation of the rate. The alternative reference rates are generally &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;secured by U.S. treasury securities and will reflect the performance of the market for U.S. treasury securities and not the inter-bank&lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt; lending markets. In the event of a credit crisis, floating rate instruments using alternative reference rates could therefore &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;perform differently than those instruments using a rate indexed to the inter-bank lending market.&lt;/span&gt;&lt;/div&gt;&lt;div style="line-height: 12.02pt; margin-top: 10.30pt; text-align: left;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;"&gt;The state of New York recently adopted legislation that would require LIBOR-based contracts that do not include a &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;fallback to a rate other than LIBOR or an inter-bank quotation poll to use a SOFR-based rate plus a spread adjustment. Pending &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;legislation in the U.S. Congress may also affect the transition of LIBOR-based instruments as well by permitting trustees and &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;calculation agents to transition instruments with no LIBOR transition language to an alternative reference rate selected by such &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;agents. The New York statute and the federal legislative proposal includes safe harbors from liability, which may limit the &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;recourse the Fund may have if the alternative reference rate does not fully compensate the Fund for the transition of an &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;instrument from LIBOR. If enacted, the federal legislation may also preempt the New York statute, which may create uncertainty &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;to the extent a party has sought to rely on the New York statute to select a replacement benchmark rate.&lt;/span&gt;&lt;/div&gt;&lt;div style="line-height: 12.02pt; margin-top: 10.30pt; text-align: left;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;"&gt;These developments could negatively affect financial markets in general and present heightened risks, including with &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;respect to the Fund&#x2019;s investments. As a result of this uncertainty and developments relating to the transition process, the Fund &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;and its investments may be adversely affected.&lt;/span&gt;&lt;/div&gt;&lt;div style="line-height: 12.02pt; margin-top: 10.30pt; text-align: left;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-weight: bold;"&gt;Recent Market Developments Risk&lt;/span&gt;&lt;/div&gt;&lt;div style="line-height: 12.02pt; margin-top: 10.29pt; text-align: left;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;"&gt;Periods of market volatility remain, and may continue to occur in the future, in response to various political, social, &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;economic and public health events both within and outside of the United States. &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;These conditions have resulted in, and in many &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;cases continue to result in, greater price volatility, less liquidity, widening credit spreads and a lack of price transparency, with &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;certain securities remaining illiquid and of uncertain value. Such market conditions may adversely affect the Fund, including by &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;making valuation of some of the Fund&#x2019;s securities uncertain and/or result in sudden and significant valuation increases or &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;declines in the Fund&#x2019;s holdings. If there is a significant decline in the value of the Fund&#x2019;s portfolio, this may impact the asset &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;coverage levels for the Fund&#x2019;s outstanding leverage.&lt;/span&gt;&lt;/div&gt;&lt;div style="line-height: 12.02pt; margin-top: 10.30pt; text-align: left;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;Risks resulting from any future debt or other economic or public health crisis could also have a detrimental impact on the global &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;economic recovery, the financial condition of financial institutions and the Fund&#x2019;s business, financial condition and results of &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;operation. Market and economic disruptions have affected, and may in the future affect, consumer confidence levels and &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;spending, personal bankruptcy rates, levels of incurrence and default on consumer debt and home prices, among other factors. &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;To the extent uncertainty regarding the U.S. or global economy negatively impacts consumer confidence and consumer credit &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;factors, the Fund&#x2019;s business, financial condition and results of operations could be significantly and adversely affected. &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;Downgrades to the credit ratings of major banks could result in increased borrowing costs for such banks and negatively affect &lt;/span&gt;&lt;/div&gt;&lt;div style="line-height: 12.02pt; text-align: left;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;the broader economy. Moreover, Federal Reserve policy, including with respect to certain interest rates, may also adversely &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;affect the value, volatility and liquidity of dividend- and interest-paying securities. Market volatility, rising interest rates and/or &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;unfavorable economic conditions could impair the Fund&#x2019;s ability to achieve its investment objective.&lt;/span&gt;&lt;/div&gt;&lt;div style="line-height: 12.02pt; margin-top: 10.39pt; text-align: left;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;"&gt;The outbreak of COVID-19 and the current recovery underway has caused disruption to consumer demand and economic &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;output and supply chains. There are still travel restrictions and quarantines, and adverse impacts on local and global economies. &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;As with other serious economic disruptions, governmental authorities and regulators have in the past responded (and may in the &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;future respond to similar crises) to this crisis with significant fiscal and monetary policy changes, including by providing direct &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;capital infusions into companies, introducing new monetary programs and considerably lowering interest rates, which, in some &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;cases resulted in negative interest rates and higher inflation. These actions, including their possible unexpected or sudden &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;reversal or potential ineffectiveness, could further increase volatility in securities and other financial markets, reduce market &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;liquidity, continue to cause higher inflation, heighten investor uncertainty and adversely affect the value of the Fund&#x2019;s &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;investments and the performance of the Fund.&lt;/span&gt;&lt;/div&gt;&lt;div style="line-height: 12.02pt; margin-top: 10.29pt; text-align: left;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-weight: bold;"&gt;Increasing Government and other Public Debt Risk&lt;/span&gt;&lt;/div&gt;&lt;div style="line-height: 12.02pt; margin-top: 10.30pt; text-align: left;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;"&gt;Government and other public debt, including municipal obligations in which the Fund may invest, can be adversely &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;affected by large and sudden changes in local and global economic conditions that result in increased debt levels. &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;Although high &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;levels of government and other public debt do not necessarily indicate or cause economic problems, high levels of debt may &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;create certain systemic risks if sound debt management practices are not implemented. A high debt level may increase market &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;pressures to meet an issuer&#x2019;s funding needs, which may increase borrowing costs and cause a government or public or municipal &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;entity to issue additional debt, thereby increasing the risk of refinancing. A high debt level also raises concerns that the issuer &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;may be unable or unwilling to repay the principal or interest on its debt, which may adversely impact instruments held by the &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;Fund that rely on such payments. Extraordinary governmental and quasigovernmental responses to the current economic, &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;market, labor and public health conditions are significantly increasing government and other public debt, which heighten these &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;risks and the long term consequences of these actions are not known. Unsustainable debt levels can decline the valuation of &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;currencies, and can prevent a government from implementing effective counter-cyclical fiscal policy during economic &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;downturns or can lead to increases in inflation or generate or contribute to an economic downturn.&lt;/span&gt;&lt;/div&gt;&lt;div style="line-height: 12.02pt; margin-top: 10.30pt; text-align: left;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-weight: bold;"&gt;Municipal Securities Risk&lt;/span&gt;&lt;/div&gt;&lt;div style="line-height: 12.02pt; margin-top: 10.30pt; text-align: left;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;"&gt;Municipal securities are subject to a variety of risks, including credit, interest, prepayment, liquidity, and valuation risks. &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;In addition, municipal securities can be adversely affected by (i) unfavorable legislative, political or other developments or &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;events, including natural disasters and public health conditions, and (ii) changes in the economic and fiscal conditions of issuers &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;of municipal securities or the federal government (in cases where it provides financial support to such issuers). Municipal &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;securities may be fully or partially backed by the taxing authority or revenue of a local government, the credit of a private issuer, &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;or the current or anticipated revenues from a specific project, which may be adversely affected as a result of economic and &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;public health conditions. &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;Certain sectors of the municipal bond market have special risks that can affect them more significantly &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;than the market as a whole. Because many municipal instruments are issued to finance similar projects (such as education, &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;health care, transportation and utilities), conditions in these industries can significantly affect the overall municipal market. &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;Municipal securities that are insured may be adversely affected by developments relevant to that particular insurer, or more &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;general developments relevant to the market as a whole. Municipal securities can be difficult to value and be less liquid than &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;other investments, which may affect performance.&lt;/span&gt;&lt;/div&gt;&lt;div style="line-height: 12.02pt; margin-top: 10.30pt; text-align: left;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;"&gt;Investments in municipal securities are subject to risks associated with the financial health of the issuers of such &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;securities or the revenue associated with underlying projects. For example, the current COVID-19 pandemic has significantly &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;stressed the financial resources of many municipalities and other issuers of municipal securities, which may impair their ability &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;to meet their financial obligations and may harm the value or liquidity of the Fund&#x2019;s investments in municipal securities. In &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;particular, responses by municipalities and other governmental authorities to the COVID-19 pandemic have caused disruptions &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;in business and other activities. These and other effects of the COVID-19 pandemic, such as increased unemployment levels, &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;have impacted tax and other revenues of municipalities and other issuers of municipal securities and the financial conditions of &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;such issuers. In addition, in response to the COVID-19 pandemic, governmental authorities and regulators have enacted and are &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;enacting significant fiscal and monetary policy changes, which present heightened risks to municipal securities, and such risks &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;could be even further heightened if these actions are unexpectedly or suddenly discontinued, disrupted, reversed or are &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;ineffective in achieving their desired outcomes or lead to increases in inflation. Furthermore, governmental authorities have &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;proposed various forms of relief for municipal issuers. As a result, there is an increased budgetary and financial pressure on &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;municipalities and other issuers of municipal securities and heightened risk of default or other adverse credit or similar events &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;for issuers of municipal securities, which would adversely impact the Fund&#x2019;s investments.&lt;/span&gt;&lt;/div&gt;&lt;div style="line-height: 12.02pt; margin-top: 10pt; text-align: left;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-weight: bold;"&gt;When-Issued and Delayed Delivery Transactions Risk&lt;/span&gt;&lt;/div&gt;&lt;div style="line-height: 12.02pt; margin-top: 9.80pt; text-align: left;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;"&gt;Securities purchased on a when-issued or delayed delivery basis may expose the Fund to counterparty risk of default as &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;well as the risk that securities may experience fluctuations in value prior to their actual delivery. The Fund generally will not &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;accrue income with respect to a when-issued or delayed delivery security prior to its stated delivery date. Purchasing securities &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;on a when-issued or delayed delivery basis can involve the additional risk that the price or yield available in the market when the &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;delivery takes place may not be as favorable as that obtained in the transaction itself.&lt;/span&gt;&lt;/div&gt;&lt;div style="line-height: 12.02pt; margin-top: 9.80pt; text-align: left;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-weight: bold;"&gt;Short Sales Risk&lt;/span&gt;&lt;/div&gt;&lt;div style="line-height: 12.02pt; margin-top: 9.80pt; text-align: left;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;"&gt;The Fund may make short sales of securities. Short selling a security involves selling a borrowed security with the &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;expectation that the value of that security will decline, so that the security may be purchased at a lower price when returning the &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;borrowed security.&lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt; If the price of the security sold short increases between the time of the short sale and the time the Fund &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;replaces the borrowed security, the Fund will incur a loss; conversely, if the price declines, the Fund will realize a capital gain. &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;Any gain will be decreased, and any loss will be increased, by the transaction costs incurred by the Fund, including the costs &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;associated with providing collateral to the broker-dealer (usually cash and liquid securities) and the maintenance of collateral &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;with its custodian. Although the Fund&#x2019;s gain is limited to the price at which it sold the security short, its potential loss is &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;theoretically unlimited and is greater than a direct investment in the security itself because the price of the borrowed or reference &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;security may rise. The Fund may not always be able to close out a short position at a particular time or at an acceptable price. A &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;lender may request that borrowed securities be returned to it on short notice, and the Fund may have to buy the borrowed &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;securities at an unfavorable price, resulting in a loss. The Fund may have to pay a premium to borrow the securities and must pay &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;any dividends or interest payable on the securities until they are replaced, which will be expenses of the Fund. Short sales also &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;subject the Fund to risks related to the lender (such as bankruptcy risks) or the general risk that the lender does not comply with &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;its obligations. Government actions also may affect the Fund&#x2019;s ability to engage in short selling. The use of physical short sales &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;is typically more expensive than gaining short exposure through derivatives.&lt;/span&gt;&lt;/div&gt;&lt;div style="line-height: 12.02pt; margin-top: 9.80pt; text-align: left;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-weight: bold;"&gt;Repurchase Agreement Risk&lt;/span&gt;&lt;/div&gt;&lt;div style="line-height: 12.02pt; margin-top: 9.80pt; text-align: left;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;"&gt;The Fund may enter into bilateral and tri-party repurchase agreements. In a typical Fund repurchase agreement, the Fund &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;enters into a contract with a broker, dealer, or bank (the &#x201c;counterparty&#x201d; to the transaction) for the purchase of securities or other &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;assets. The counterparty agrees to repurchase the securities or other assets at a specified future date, or on demand, for a price &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;that is sufficient to return to the Fund its original purchase price, plus an additional amount representing the return on the Fund&#x2019;s &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;investment. &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;Such repurchase agreements economically function as a secured loan from the Fund to a counterparty. If the &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;counterparty defaults on the repurchase agreement, the Fund will retain possession of the underlying securities or other assets. If &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;bankruptcy proceedings are commenced with respect to the seller, realization on the collateral by the Fund may be delayed or &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;limited and the Fund may incur additional costs. In such case, the Fund will be subject to risks associated with changes in &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;market value of the collateral securities or other assets. Each Fund intends to enter into repurchase agreements only with &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;brokers, dealers, or banks or other permitted counterparties after the Adviser (or Sub-Adviser) evaluates the creditworthiness of &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;the counterparty. The Fund will not enter into repurchase agreements with the Investment Adviser or Sub-Adviser or their &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;affiliates. Except as described elsewhere in this SAI and as provided under applicable law, the Fund may enter into repurchase &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;agreements without limitation.&lt;/span&gt;&lt;/div&gt;&lt;div style="line-height: 12.02pt; margin-top: 9.90pt; text-align: left;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;"&gt;Repurchase agreements collateralized fully by cash items, U.S. government securities or by securities issued by an issuer &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;that the Fund&#x2019;s Board of Trustees, or its delegate, has determined at the time the repurchase agreement is entered into has an &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;exceptionally strong capacity to meet its financial obligations (&#x201c;Qualifying Collateral&#x201d;) and meet certain liquidity standards &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;generally may be deemed to be &#x201c;collateralized fully&#x201d; and may be deemed to be investments in the underlying securities for &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;certain purposes. The Fund may accept collateral other than Qualifying Collateral determined by the Investment Adviser or Sub-Adviser&lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt; to be in the best interests of the Fund to accept as collateral for such repurchase agreement (which may include high &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;yield debt instruments that are rated below investment grade) (&#x201c;Alternative Collateral&#x201d;). Repurchase agreements secured by &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;Alternative Collateral are not deemed to be &#x201c;collateralized fully&#x201d; under applicable regulations and the repurchase agreement is &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;therefore considered a separate security issued by the counterparty to the Fund. Accordingly, the Fund must include repurchase &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;agreements that are not &#x201c;collateralized fully&#x201d; in its calculations of securities issued by the selling institution held by the Fund for &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;purposes of various portfolio diversification and concentration requirements applicable to the Fund. In addition, Alternative &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;Collateral may not qualify as permitted or appropriate investments for the Fund under the Fund&#x2019;s investment strategies and &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;limitations. Accordingly, if a counterparty to a repurchase agreement defaults and the Fund takes possession of Alternative &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;Collateral, the Fund may need to promptly dispose of the Alternative Collateral (or other securities held by the Fund, if the Fund &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;exceeds a limitation on a permitted investment by virtue of taking possession of the Alternative Collateral). The Alternative &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;Collateral may be particularly illiquid, especially in times of market volatility or in the case of a counterparty insolvency or &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;bankruptcy, which may restrict the Fund&#x2019;s ability to dispose of Alternative Collateral received from the counterparty. Depending &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;on the terms of the repurchase agreement, the Fund may determine to sell the collateral during the term of the repurchase &lt;/span&gt;&lt;/div&gt;&lt;div style="line-height: 12.02pt; text-align: left;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;agreement and then purchase the same collateral at the market price at the time of the resale. (See &#x201c;Short Sales&#x201d;). In tri-party &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;repurchase agreements, an unaffiliated third party custodian maintains accounts to hold collateral for the Fund and its &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;counterparties and, therefore, the Fund may be subject to the credit risk of those custodians. Securities subject to repurchase &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;agreements (other than tri-party repurchase agreements) and purchase and sale contracts will be held by the Fund&#x2019;s custodian (or &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;sub-custodian) in the Federal Reserve/Treasury book-entry system or by another authorized securities depository.&lt;/span&gt;&lt;/div&gt;&lt;div style="line-height: 12.02pt; margin-top: 10.30pt; text-align: left;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-weight: bold;"&gt;Securities Lending Risk&lt;/span&gt;&lt;/div&gt;&lt;div style="line-height: 12.02pt; margin-top: 10.30pt; text-align: left;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;"&gt;The Fund may lend its portfolio securities to banks or dealers which meet the creditworthiness standards established by &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;the Board of Trustees. Securities lending is subject to the risk that loaned securities may not be available to the Fund on a timely &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;basis and the Fund may therefore lose the opportunity to sell the securities at a desirable price. Any loss in the market price of &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;securities loaned by the Fund that occurs during the term of the loan would be borne by the Fund and would adversely affect the &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;Fund&#x2019;s performance. Also, there may be delays in recovery, or no recovery, of securities loaned or even a loss of rights in the &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;collateral should the borrower of the securities fail financially while the loan is outstanding.&lt;/span&gt;&lt;/div&gt;&lt;div style="line-height: 12.02pt; margin-top: 10.30pt; text-align: left;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-weight: bold;"&gt;Risk of Failure to Qualify as a RIC&lt;/span&gt;&lt;/div&gt;&lt;div style="line-height: 12.02pt; margin-top: 10.30pt; text-align: left;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;"&gt;To qualify for the favorable U.S. federal income tax treatment generally accorded to RICs, the Fund must, among other &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;things, derive in each taxable year at least 90% of its gross income from certain prescribed sources, meet certain asset &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;diversification tests and distribute for each taxable year at least 90% of its &#x201c;investment company taxable income&#x201d; (generally, &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;ordinary income plus the excess, if any, of net short-term capital gain over net long-term capital loss). If for any taxable year the &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;Fund does not qualify as a RIC, all of its taxable income for that year (including its net capital gain) would be subject to tax at &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;regular corporate rates without any deduction for distributions to shareholders, and such distributions would be taxable as &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;ordinary dividends to the extent of the Fund&#x2019;s current and accumulated earnings and profits.&lt;/span&gt;&lt;/div&gt;&lt;div style="line-height: 12.02pt; margin-top: 10.29pt; text-align: left;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-weight: bold;"&gt;Conflicts of Interest Risk&lt;/span&gt;&lt;/div&gt;&lt;div style="line-height: 12.02pt; margin-top: 10.30pt; text-align: left;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;"&gt;Guggenheim Partners is a global asset management and investment advisory organization. Guggenheim Partners and its &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;affiliates advise clients in various markets and transactions and purchase, sell, hold and recommend a broad array of investments &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;for their own accounts and the accounts of clients and of their personnel and the relationships and products they sponsor, &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;manage and advise. &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;Accordingly, Guggenheim Partners and its affiliates may have direct and indirect interests in a variety of &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;global markets and the securities of issuers in which the Fund may directly or indirectly invest. These interests may cause the &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;Fund to be subject to regulatory limits, and in certain circumstances, these various activities may prevent the Fund from &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;participating in an investment decision.&lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; line-height: 12.02pt;"&gt; &lt;/span&gt;&lt;/div&gt;&lt;div style="line-height: 12.02pt; margin-top: 10.30pt; text-align: left;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;"&gt;An investment in the Fund is subject to a number of actual or potential conflicts of interest. For example, the Adviser and &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;its affiliates are engaged in a variety of business activities that are unrelated to managing the Fund, which may give rise to &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;actual, potential or perceived conflicts of interest in connection with making investment decisions for the Fund. As a result, &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;activities and dealings of Guggenheim Partners and its affiliates may affect the Fund in ways that may disadvantage or restrict &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;the Fund or be deemed to benefit Guggenheim Partners and its affiliates. From time to time, conflicts of interest may arise &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;between a portfolio manager&#x2019;s management of the investments of the Fund on the one hand and the management of other &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;registered investment companies, pooled investment vehicles and other accounts (collectively, &#x201c;other accounts&#x201d;) on the other. &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;The other accounts might have similar investment objectives or strategies as the Fund or otherwise hold, purchase, or sell &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;securities that are eligible to be held, purchased or sold by the Fund. In certain circumstances, and subject to its fiduciary &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;obligations under the Advisers Act and the requirements of the 1940 Act, the Adviser may have to allocate a limited investment &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;opportunity among its clients. The other accounts might also have different investment objectives or strategies than the Fund. In &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;addition, the Fund may be limited in its ability to invest in, or hold securities of, any companies that the Adviser or its affiliates &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;(or other accounts managed by the Adviser or its affiliates) control, or companies in which the Adviser or its affiliates have &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;interests or with whom they do business. For example, affiliates of the Adviser may act as underwriter, lead agent or &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;administrative agent for loans or otherwise participate in the market for loans. Because of limitations imposed by applicable law, &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;the presence of the Adviser&#x2019;s affiliates in the markets for loans may restrict the Fund&#x2019;s ability to acquire some loans or affect the &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;timing or price of such acquisitions. To address these conflicts, the Fund and Guggenheim Partners and its affiliates have &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;established various policies and procedures that are reasonably designed to detect and prevent such conflicts and prevent the &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;Fund from being disadvantaged.&lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; line-height: 12.02pt;"&gt; &lt;/span&gt;&lt;/div&gt;&lt;div style="line-height: 12.02pt; margin-top: 10.29pt; text-align: left;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;"&gt;There can be no guarantee that these policies and procedures will be successful in every instance. For additional &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;information about potential conflicts of interest, and the way in which the Adviser and its affiliates address such conflicts, please &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;see &#x201c;Management of the Fund&#x2014;Potential Conflicts of Interest&#x201d; in the SAI.&lt;/span&gt;&lt;/div&gt;&lt;div style="line-height: 12.02pt; margin-top: 10pt; text-align: left;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-weight: bold;"&gt;Market Disruption and Geopolitical Risk&lt;/span&gt;&lt;/div&gt;&lt;div style="line-height: 12.02pt; margin-top: 9.90pt; text-align: left;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;"&gt;The Fund does not know and cannot predict how long the securities markets may be affected by geopolitical events and &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;the effects of these and similar events in the future on the U.S. economy and securities markets. &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;The Fund may be adversely &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;affected by abrogation of international agreements and national laws which have created the market instruments in which the &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;Fund may invest, failure of the designated national and international authorities to enforce compliance with the same laws and &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;agreements, failure of local, national and international organization to carry out their duties prescribed to them under the &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;relevant agreements, revisions of these laws and agreements which dilute their effectiveness or conflicting interpretation of &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;provisions of the same laws and agreements. The Fund may be adversely affected by uncertainties such as terrorism, &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;international political developments, and changes in government policies, taxation, restrictions on foreign investment and &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;currency repatriation, currency fluctuations and other developments in the laws and regulations of the countries in which it is &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;invested and the risks associated with financial, economic, public health, labor and other global market developments and &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;disruptions.&lt;/span&gt;&lt;/div&gt;&lt;div style="line-height: 12.02pt; margin-top: 9.90pt; text-align: left;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-weight: bold;"&gt;Technology Risk&lt;/span&gt;&lt;/div&gt;&lt;div style="line-height: 12.02pt; margin-top: 9.90pt; text-align: left;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;"&gt;As the use of Internet technology has become more prevalent, the Fund and its service providers and markets generally &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;have become more susceptible to potential operational risks related to intentional and unintentional events that may cause the &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;Fund or a service provider to lose proprietary information, suffer data corruption or lose operational capacity. &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;There can be no &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;guarantee that any risk management systems established by the Fund, its service providers, or issuers of the securities in which &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;the Fund invests to reduce technology and cyber security risks will succeed, and the Fund cannot control such systems put in &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;place by service providers, issuers or other third parties whose operations may affect the Fund.&lt;/span&gt;&lt;/div&gt;&lt;div style="line-height: 12.02pt; margin-top: 9.90pt; text-align: left;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-weight: bold;"&gt;Cyber Security, Market Disruptions and Operational Risk.&lt;/span&gt;&lt;/div&gt;&lt;div style="line-height: 12.02pt; margin-top: 10.00pt; text-align: left;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;"&gt;As in other parts of the economy, the Fund and its service providers, as well as exchanges and market participants &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;through or with which the Fund trades and exchanges on which its shares trade and other infrastructures and services on which &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;the Fund or its service providers rely, are susceptible to ongoing risks related to cyber incidents and the risks associated with &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;financial, economic, public health, labor and other global market developments and disruptions. &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;Cyber incidents, which can be &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;perpetrated by a variety of means, may result in actual or potential adverse consequences for critical information and &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;communications technology, systems and networks that are vital to the operations of the Fund or its service providers. A cyber &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;incident or sudden market disruption could adversely impact the Fund, its service providers or its shareholders by, among other &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;things, interfering with the processing of shareholder transactions or other operational functionality, impacting the Fund&#x2019;s ability &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;to calculate its NAV or other data, causing the release of private or confidential information, impeding trading, causing &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;reputational damage, and subjecting the Fund to fines, penalties or financial losses or otherwise adversely affecting the &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;operations, systems and activities of the Fund, its service providers and market intermediaries. These types of adverse &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;consequences could also result from other operational disruptions or failures arising from, for example, processing errors, &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;human errors, and other technological issues. In each case, the Fund&#x2019;s ability to calculate its NAV correctly, in a timely manner &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;or process trades or Fund transactions may be adversely affected, including over a potentially extended period. The Fund and its &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;service providers may directly bear these risks and related costs. The Fund and its service providers are continuing to experience &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;the impacts of quarantines and similar measures being enacted by governments in response to COVID-19, which have &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;obstructed the regular functioning of business workforces (including requiring employees to work from external locations and &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;their homes). Accordingly, the risks described above are heightened under current conditions.&lt;/span&gt;&lt;/div&gt;&lt;div style="line-height: 12.02pt; margin-top: 10.00pt; text-align: left;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-weight: bold;"&gt;Anti-Takeover Provisions Risk&lt;/span&gt;&lt;/div&gt;&lt;div style="line-height: 12.02pt; margin-top: 10.00pt; text-align: left;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;"&gt;The Fund&#x2019;s Agreement and Declaration of Trust and Bylaws (collectively the &#x201c;Governing Documents&#x201d;) include &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;provisions that could limit the ability of other entities or persons to acquire control of the Fund or convert the Fund to an open-end&lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt; fund. These provisions could have the effect of depriving the Common Shareholders of opportunities to sell their Common &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;Shares at a premium over the then-current market price of the Common Shares. See &#x201c;Anti-Takeover and Other Provisions in the &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;Fund&#x2019;s Governing Documents.&#x201d;&lt;/span&gt; &lt;/span&gt;&lt;/div&gt;</cef:RiskFactorsTableTextBlock>
    <cef:RiskTextBlock
      contextRef="I20210920_NotACompleteInvestmentProgramMember"
      id="t_61_2d8f75c1_c7c1_8a4c_d6c5_ce29a4674381"> &lt;div style="line-height: 12.02pt; margin-top: 9.80pt; text-align: left;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-weight: bold;"&gt;Not a Complete Investment Program&lt;/span&gt;&lt;/div&gt;  &lt;div style="line-height: 12.02pt; margin-top: 9.80pt; text-align: left;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;"&gt;An investment in the Common Shares of the Fund should not be considered a complete investment program. The Fund is &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;intended for long-term investors seeking current income and capital appreciation. An investment in the Fund is not meant to &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;provide a vehicle for those who wish to play short-term swings in the market. Each Common Shareholder should take into &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;account the Fund&#x2019;s investment objective as well as the Common Shareholder&#x2019;s other investments when considering an investment &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;in the Fund. Before making an investment decision, a prospective investor should consider (i) the suitability of this investment &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;with respect to his or her investment objectives and personal situation and (ii) factors such as his or her personal net worth, &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;income, age, risk tolerance and liquidity needs.&lt;/span&gt;&lt;/div&gt; </cef:RiskTextBlock>
    <cef:RiskTextBlock
      contextRef="I20210920_InvestmentAndMarketRiskMember"
      id="t_5_59f0696a_6cfd_cd15_466e_bb21056e927b"> &lt;div style="line-height: 12.02pt; margin-top: 9.90pt; text-align: left;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-weight: bold;"&gt;Investment and Market Risk&lt;/span&gt;&lt;/div&gt;  &lt;div style="line-height: 12.02pt; margin-top: 9.90pt; text-align: left;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;"&gt;An investment in the Common Shares of the Fund is subject to investment risk, particularly under current economic, &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;financial, labor and health conditions, including the possible loss of the entire principal amount that you invest. &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;The global &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;ongoing crisis caused by the outbreak of COVID-19 and the current recovery underway is causing disruption to consumer &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;demand and economic output and supply chains. There are still travel restrictions and quarantines, and adverse impacts on local &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;and global economies. Investors should be aware that in light of the current uncertainty, volatility and distress in economies, &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;financial markets, and labor and public health conditions around the world, the Fund&#x2019;s investments and a shareholder&#x2019;s &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;investment in the Fund are subject to sudden and substantial losses, increased volatility and other adverse events. Firms through &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;which investors invest with the Fund, the Fund, its service providers, the markets in which it invests and market intermediaries &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;are also impacted by and similar measures intended to respond to and contain the ongoing pandemic, which can obstruct their &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;functioning and subject them to heightened operational and other risks. It is unknown how long current circumstances will &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;persist, whether they will reoccur in the future and whether efforts to support the economy and financial markets will be &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;successful.&lt;/span&gt;&lt;/div&gt;  &lt;div style="line-height: 12.02pt; margin-top: 9.90pt; text-align: left;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;"&gt;An investment in the Common Shares of the Fund represents an indirect investment in the securities owned by the Fund. &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;The value of, or income generated by, the investments held by the Fund are subject to the possibility of rapid and unpredictable &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;fluctuation. These movements may result from factors affecting individual companies, or from broader influences, including real &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;or perceived changes in prevailing interest rates, changes in inflation or expectations about inflation, investor confidence or &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;economic, political, social or financial market conditions, natural/environmental disasters, , cyber-attacks, terrorism, &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;governmental or quasi-governmental actions, public health emergencies (such as the spread of infectious diseases, pandemics &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;and epidemics) and other similar events, that each of which may be temporary or last for extended periods. For example, the &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;risks of a borrower&#x2019;s default or bankruptcy or non-payment of scheduled interest or principal payments from senior floating rate &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;interests held by the Fund are especially acute under these conditions. Furthermore, interest rates and bond yields may fall as a &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;result of types of events, including responses by governmental entities to such events, which would magnify the Fund&#x2019;s fixed-income&lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt; instruments&#x2019; susceptibility to interest rate risk and diminish their yield and performance. Moreover, the Fund&#x2019;s &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;investments in ABS are subject to many of the same risks that are applicable to investments in securities generally, including &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;interest rate risk, credit risk, foreign currency risk, below-investment grade securities risk, financial leverage risk, prepayment &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;and regulatory risk, which would be elevated under the foregoing circumstances.&lt;/span&gt;&lt;/div&gt;  &lt;div style="line-height: 12.02pt; margin-top: 9.90pt; text-align: left;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;"&gt;Different sectors, industries and security types may react differently to such developments and, when the market performs &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;well, there is no assurance that the Fund&#x2019;s investments will increase in value along with the broader markets. Volatility of &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;financial markets, including potentially extreme volatility caused by the events described above or other events, can expose the &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;Fund to greater market risk than normal, possibly resulting in greatly reduced liquidity. Moreover, changing economic, political, &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;social or financial market conditions in one country or geographic region could adversely affect the value, yield and return of &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;the investments held by the Fund in a different country or geographic region because of the increasingly interconnected global &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;economies and financial markets. The Adviser potentially could be prevented from considering, managing and executing &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;investment decisions at an advantageous time or price or at all as a result of any domestic or global market or other disruptions, &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;particularly disruptions causing heightened market volatility and reduced market liquidity, such as the current conditions, which &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;have also resulted in impediments to the normal functioning of workforces, including personnel and systems of the Fund&#x2019;s &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;service providers and market intermediaries. The value of the securities owned by the Fund may decline due to general market &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;conditions that are not specifically related to a particular issuer, such as real or perceived economic conditions, changes in &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;interest or currency rates or changes in investor sentiment or market outlook generally.&lt;/span&gt;&lt;/div&gt;  &lt;div style="line-height: 12.02pt; margin-top: 9.90pt; text-align: left;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;"&gt;At any point in time, your Common Shares may be worth less than your original investment, including the reinvestment &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;of Fund dividends and distributions.&lt;/span&gt;&lt;/div&gt; </cef:RiskTextBlock>
    <cef:RiskTextBlock
      contextRef="I20210920_ManagementRiskMember"
      id="t_6_8d7d560d_3202_0f51_b962_6e9178d63315"> &lt;div style="line-height: 12.02pt; margin-top: 10pt; text-align: left;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-weight: bold;"&gt;Management Risk&lt;/span&gt;&lt;/div&gt;  &lt;div style="line-height: 12.02pt; margin-top: 10.30pt; text-align: left;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;"&gt;The Fund is subject to management risk because it has an actively managed portfolio. The Sub-Adviser will apply &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;investment techniques and risk analysis in making investment decisions for the Fund, but there can be no guarantee that these &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;will produce the desired results. The Fund&#x2019;s allocation of its investments across various asset classes and sectors may vary &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;significantly over time based on the Adviser&#x2019;s analysis and judgment. As a result, the particular risks most relevant to an &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;investment in the Fund, as well as the overall risk profile of the Fund&#x2019;s portfolio, may vary over time.&lt;/span&gt;&lt;/div&gt; </cef:RiskTextBlock>
    <cef:RiskTextBlock
      contextRef="I20210920_IncomeRiskMember"
      id="t_7_2e02890b_6a01_ad84_e5ec_1f0a8fb580ee"> &lt;div style="line-height: 12.02pt; margin-top: 10.30pt; text-align: left;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-weight: bold;"&gt;Income Risk&lt;/span&gt;&lt;/div&gt;  &lt;div style="line-height: 12.02pt; margin-top: 10.30pt; text-align: left;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;"&gt;The income investors receive from the Fund is based primarily on the interest it earns from its investments in Income &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;Securities, which can vary widely over the short- and long-term. If prevailing market interest rates drop, investors&#x2019; income from &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;the Fund could drop as well. The Fund&#x2019;s income could also be affected adversely when prevailing short-term interest rates &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;increase and the Fund is utilizing leverage, although this risk is mitigated to the extent the Fund invests in floating-rate &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;obligations.&lt;/span&gt;&lt;/div&gt; </cef:RiskTextBlock>
    <cef:RiskTextBlock
      contextRef="I20210920_DividendRiskMember"
      id="t_8_3b8c4120_6cbb_aa2b_10a0_9ad896212657"> &lt;div style="line-height: 12.02pt; margin-top: 10.30pt; text-align: left;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-weight: bold;"&gt;Dividend Risk&lt;/span&gt;&lt;/div&gt;  &lt;div style="line-height: 12.02pt; margin-top: 10.30pt; text-align: left;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;"&gt;Dividends on common stock and other Common Equity Securities which the Fund may hold are not fixed but are &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;declared at the discretion of an issuer&#x2019;s board of directors. There is no guarantee that the issuers of the Common Equity &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;Securities in which the Fund invests will declare dividends in the future or that, if declared, they will remain at current levels or &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;increase over time. &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;Therefore, there is the possibility that such companies could reduce or eliminate the payment of dividends in &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;the future or the anticipated acceleration of dividends could not occur as a result of, among other things, a sharp rise in interest &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;rates or an economic downturn. Changes in the dividend policies of companies and capital resources available for these &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;companies&#x2019; dividend payments may adversely affect the Fund. Depending upon market conditions, dividend-paying stocks that &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;meet the Fund&#x2019;s investment criteria may not be widely available and/or may be highly concentrated in only a few market sectors. &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;These circumstances may result from issuer-specific events, adverse economic or market developments, or legislative or &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;regulatory changes or other developments that limit an issuer&#x2019;s ability to declare and pay dividends, which would affect the &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;Fund&#x2019;s performance and ability to generate income. The dividend income from the Fund&#x2019;s investment in Common Equity &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;Securities will be influenced by both general economic activity and issuer-specific factors. In the event of adverse changes in &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;economic conditions or adverse events effecting a specific industry or issuer, the issuers of the Common Equity Securities held &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;by the Fund may reduce the dividends paid on such securities.&lt;/span&gt;&lt;/div&gt; </cef:RiskTextBlock>
    <cef:RiskTextBlock
      contextRef="I20210920_IncomeSecuritiesRiskMember"
      id="t_9_905c9e01_2eaf_02d3_1fa4_a0511ea9240f"> &lt;div style="line-height: 12.02pt; margin-top: 10.30pt; text-align: left;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-weight: bold;"&gt;Income Securities Risk&lt;/span&gt;&lt;/div&gt;  &lt;div style="line-height: 12.02pt; margin-top: 10.30pt; text-align: left;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;"&gt;In addition to the risks discussed above, Income Securities, including high-yield bonds, are subject to certain risks, &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;including:&lt;/span&gt;&lt;/div&gt;  &lt;div style="line-height: 12.02pt; margin-top: 10.30pt; text-align: left;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-style: italic; margin-left: 29pt;"&gt;Issuer Risk&lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;. The value of Income Securities may decline for a number of reasons which directly relate to the issuer, such &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;as management performance, financial leverage, reduced demand for the issuer&#x2019;s goods and services, historical and projected &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;earnings, and the value of its assets.&lt;/span&gt;&lt;/div&gt;  &lt;div style="line-height: 12.02pt; margin-top: 10.30pt; text-align: left;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-style: italic; margin-left: 29pt;"&gt;Spread Risk&lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;. Spread risk is the risk that the market price can change due to broad based movements in spreads, which is &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;particularly relevant in the current low spread environment.&lt;/span&gt;&lt;/div&gt;  &lt;div style="line-height: 12.02pt; margin-top: 10.30pt; text-align: left;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-style: italic;"&gt;Credit Risk&lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;. The Fund could lose money if the issuer or guarantor of a debt instrument or a counterparty to a derivatives &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;transaction or other transaction (such as a repurchase agreement or a loan of portfolio securities or other instruments) is unable &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;or unwilling, or perceived to be unable or unwilling, to pay interest or repay principal on time or defaults. If an issuer fails to pay &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;interest, the Fund&#x2019;s income would likely be reduced, and if an issuer fails to repay principal, the value of the instrument likely &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;would fall and the Fund could lose money. This risk is especially acute with respect to below investment grade debt instruments &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;(commonly referred to as &#x201c;high-yield&#x201d; or &#x201c;junk&#x201d; bonds) and unrated high risk debt instruments, whose issuers are particularly &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;susceptible to fail to meet principal or interest obligations under current conditions. Also, the issuer, guarantor or counterparty &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;may suffer adverse changes in its financial condition or be adversely affected by economic, political or social conditions that &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;could lower the credit quality (or the market&#x2019;s perception of the credit quality) of the issuer or instrument, leading to greater &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;volatility in the price of the instrument and in shares of the Fund. Although credit quality may not accurately reflect the true &lt;/span&gt;&lt;/div&gt;  &lt;div style="line-height: 12.02pt; text-align: left;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;credit risk of an instrument, a change in the credit quality rating of an instrument or an issuer can have a rapid, adverse effect on &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;the instrument&#x2019;s liquidity and make it more difficult for the Fund to sell at an advantageous price or time. The risk of the &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;occurrence of these types of events is heightened under current conditions.&lt;/span&gt;&lt;/div&gt;  &lt;div style="line-height: 12.02pt; margin-top: 9.61pt; text-align: left;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;"&gt;The degree of credit risk depends on the particular instrument and the financial condition of the issuer, guarantor or &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;counterparty, which are often reflected in its credit quality. Credit quality is a measure of the issuer&#x2019;s expected ability to make all &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;required interest and principal payments in a timely manner. An issuer with the highest credit rating has a very strong capacity &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;with respect to making all payments. An issuer with the second-highest credit rating has a strong capacity to make all payments, &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;but the degree of safety is somewhat less. An issuer with the lowest credit quality rating may be in default or have extremely &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;poor prospects of making timely payment of interest and principal. Credit ratings assigned by rating agencies are based on a &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;number of factors and subjective judgments and therefore do not necessarily represent an issuer&#x2019;s actual financial condition or &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;the volatility or liquidity of the security. Although higher-rated securities generally present lower credit risk as compared to &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;lower-rated or unrated securities, an issuer with a high credit rating may in fact be exposed to heightened levels of credit or &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;liquidity risk.&lt;/span&gt;&lt;/div&gt;  &lt;div style="line-height: 12.02pt; margin-top: 9.60pt; text-align: left;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;"&gt;In addition, during recent conditions, many issuers have been unprofitable, have had little cash on hand and/or unable to &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;pay the interest owed on their debt obligations and the number of such issuers may increase if demand for their goods and &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;services falls, borrowing costs rise due to governmental action or inaction or for other reasons. Also, the issuer, guarantor or &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;counterparty may suffer adverse changes in its financial condition or reduced demand for its goods and services or be adversely &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;affected by economic, political, public health or social conditions that could lower the credit quality (or the market&#x2019;s perception &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;of the credit quality) of the issuer or instrument, leading to greater volatility in the price of the instrument and in shares of the &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;Fund.&lt;/span&gt;&lt;/div&gt;  &lt;div style="line-height: 12.02pt; margin-top: 9.60pt; text-align: left;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;"&gt;If an issuer, guarantor or counterparty declares bankruptcy or is declared bankrupt, the Fund would likely be adversely &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;affected in its ability to receive principal or interest owed or otherwise to enforce the financial obligations of the other party. The &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;Fund may be subject to increased costs associated with the bankruptcy process and experience losses as a result of the &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;deterioration of the financial condition of the issuer, guarantor or counterparty. The risks to the Fund related to such &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;bankruptcies are elevated given the currently distressed economic, market, labor and public health conditions and would likely &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;be elevated under similar circumstances in the future.&lt;/span&gt;&lt;/div&gt;  &lt;div style="line-height: 12.02pt; margin-top: 9.70pt; text-align: left;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-style: italic; margin-left: 29pt;"&gt;Interest Rate Risk&lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;. Fixed-income and other debt instruments are subject to the possibility that interest rates could change &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;(or are expected to change). Changes in interest rates, including changes in reference rates used in fixed-income and other debt &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;instruments (such as LIBOR), may adversely affect the Fund&#x2019;s investments in these instruments, such as the value or liquidity of, &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;and income generated by, the investments. In addition, changes in interest rates, including rates that fall below zero, can have &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;unpredictable effects on markets and can adversely affect the Fund&#x2019;s yield, income and performance.&lt;/span&gt;&lt;/div&gt;  &lt;div style="line-height: 12.02pt; margin-top: 9.70pt; text-align: left;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;"&gt;The value of a debt instrument with a longer duration will generally be more sensitive to interest rate changes than a &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;similar instrument with a shorter duration. Similarly, the longer the average duration (whether positive or negative) of these &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;instruments held by the Fund or to which the Fund is exposed (i.e., the longer the average portfolio duration of the Fund), the &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;more the Fund&#x2019;s NAV will likely fluctuate in response to interest rate changes. Duration is a measure used to determine the &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;sensitivity of a security&#x2019;s price to changes in interest rates that incorporates a security&#x2019;s yield, coupon, final maturity and call &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;features, among other characteristics. For example, the NAV per share of a bond fund with an average duration of eight years &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;would be expected to fall approximately 8% if interest rates rose by one percentage point.&lt;/span&gt;&lt;/div&gt;  &lt;div style="line-height: 12.02pt; margin-top: 9.70pt; text-align: left;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;"&gt;However, measures such as duration may not accurately reflect the true interest rate sensitivity of instruments held by the &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;Fund and, in turn, the Fund&#x2019;s susceptibility to changes in interest rates. Certain fixed-income and debt instruments are subject to &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;the risk that the issuer may exercise its right to redeem (or call) the instrument earlier than anticipated. Although an issuer may &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;call an instrument for a variety of reasons, if an issuer does so during a time of declining interest rates, the Fund might have to &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;reinvest the proceeds in an investment offering a lower yield or other less favorable features, and therefore might not benefit &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;from any increase in value as a result of declining interest rates. Interest only or principal only securities and inverse floaters are &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;particularly sensitive to changes in interest rates, which may impact the income generated by the security and other features of &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;the security.&lt;/span&gt;&lt;/div&gt;  &lt;div style="line-height: 12.02pt; margin-top: 9.71pt; text-align: left;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;"&gt;Adjustable rate securities also react to interest rate changes in a similar manner as fixed-rate securities but generally to a &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;lesser degree depending on the characteristics of the security, in particular its reset terms (i.e., the index chosen, frequency of &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;reset and reset caps or floors). During periods of rising interest rates, because changes in interest rates on adjustable rate &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;securities may lag behind changes in market rates, the value of such securities may decline until their interest rates reset to &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;market rates. These securities also may be subject to limits on the maximum increase in interest rates. During periods of &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;declining interest rates, because the interest rates on adjustable rate securities generally reset downward, their market value is &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;unlikely to rise to the same extent as the value of comparable fixed rate securities. These securities may not be subject to limits &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;on downward adjustments of interest rates.&lt;/span&gt;&lt;/div&gt;  &lt;div style="line-height: 12.02pt; margin-top: 10pt; text-align: left;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;"&gt;During periods of rising interest rates, issuers of debt securities or asset-backed securities may pay principal later or more &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;slowly than expected, which may reduce the value of the Fund&#x2019;s investment in such securities and may prevent the Fund from &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;receiving higher interest rates on proceeds reinvested in other instruments. During periods of falling interest rates, issuers of &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;debt securities or asset-backed securities may pay off debts more quickly or earlier than expected, which could cause the Fund to &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;be unable to recoup the full amount of its initial investment and/or cause the Fund to reinvest in lower-yielding securities, &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;thereby reducing the Fund&#x2019;s yield or otherwise adversely impacting the Fund.&lt;/span&gt;&lt;/div&gt;  &lt;div style="line-height: 12.02pt; margin-top: 9.80pt; text-align: left;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;"&gt;Certain debt instruments, such as instruments with a negative duration or inverse instruments, are also subject to interest &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;rate risk, although such instruments generally react differently to changes in interest rates than instruments with positive &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;durations. The Fund&#x2019;s investments in these instruments also may be adversely affected by changes in interest rates. For example, &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;the value of instruments with negative durations, such as inverse floaters, generally decrease if interest rates decline.&lt;/span&gt;&lt;/div&gt;  &lt;div style="line-height: 12.02pt; margin-top: 9.90pt; text-align: left;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;"&gt;The Fund&#x2019;s use of leverage will tend to increase Common Share interest rate risk. The Fund may utilize certain strategies, &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;including taking positions in futures or interest rate swaps, for the purpose of reducing the interest rate sensitivity of credit &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;securities held by the Fund and decreasing the Fund&#x2019;s exposure to interest rate risk. The Fund is not required to hedge its &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;exposure to interest rate risk and may choose not to do so. In addition, there is no assurance that any attempts by the Fund to &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;reduce interest rate risk will be successful or that any hedges that the Fund may establish will perfectly correlate with &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;movements in interest rates.&lt;/span&gt;&lt;/div&gt;  &lt;div style="line-height: 12.02pt; margin-top: 9.90pt; text-align: left;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-style: italic; margin-left: 29pt;"&gt;Current Fixed-Income and Debt Market Conditions&lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;. Fixed-income and debt market conditions are highly unpredictable &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;and some parts of the market are subject to dislocations. In response to the crisis initially caused by the outbreak of COVID-19, &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;as with other serious economic disruptions, governmental authorities and regulators have enacted or are enacting significant &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;fiscal and monetary policy changes, including direct capital infusions into companies, new monetary programs and considerable &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;interest rate changes. These actions present heightened risks to fixed-income and debt instruments, and such risks could be even &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;further heightened if these actions are unexpectedly or suddenly reversed or are ineffective in achieving their desired outcomes. &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;In light of these actions and current conditions, interest rates and bond yields in the United States and many other countries are &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;at or near historic lows, and in some cases, such rates and yields are or have been negative. The current very low or negative &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;interest rates are magnifying the Fund&#x2019;s susceptibility to interest rate risk and diminishing yield and performance. In addition, &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;the current environment is exposing fixed-income and debt markets to significant volatility and reduced liquidity for the Fund&#x2019;s &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;investments. These or similar conditions may also occur in the future.&lt;/span&gt;&lt;/div&gt;  &lt;div style="line-height: 12.02pt; margin-top: 9.90pt; text-align: left;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-style: italic; margin-left: 29pt;"&gt;Corporate Bond Risk&lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;. The market value of a corporate bond may be affected by factors directly related to the issuer, such &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;as investors&#x2019; perceptions of the creditworthiness of the issuer, the issuer&#x2019;s financial performance, perceptions of the issuer in the &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;market place, performance of management of the issuer, the issuer&#x2019;s capital structure and use of financial leverage and demand &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;for the issuer&#x2019;s goods and services. There is a risk that the issuers of corporate bonds may not be able to meet their obligations &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;on interest or principal payments at the time called for by an instrument or at all. Corporate bonds of below investment grade &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;quality are often high risk and have speculative characteristics and may be particularly susceptible to adverse issuer-specific and &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;other developments.&lt;/span&gt;&lt;/div&gt;  &lt;div style="line-height: 12.02pt; margin-top: 9.90pt; text-align: left;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-style: italic; margin-left: 29pt;"&gt;Reinvestment Risk&lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;. Reinvestment risk is the risk that income from the Fund&#x2019;s portfolio will decline if the Fund invests the &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;proceeds from matured, traded or called Income Securities at market interest rates that are below the Fund portfolio&#x2019;s current &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;earnings rate. A decline in income could affect the Common Shares&#x2019; market price or the overall return of the Fund.&lt;/span&gt;&lt;/div&gt;  &lt;div style="line-height: 12.02pt; margin-top: 9.90pt; text-align: left;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-style: italic; margin-left: 29pt;"&gt;Extension Risk&lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;. Certain debt instruments, including mortgage- and other asset-backed securities, are subject to the risk &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;that payments on principal may occur at a slower rate or later than expected. In this event, the expected maturity could lengthen &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;as short or intermediate-term instruments become longer-term instruments, which would make the investment more sensitive to &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;changes in interest rates. The likelihood that payments on principal will occur at a slower rate or later than expected is &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;heightened under the current conditions. In addition, the Fund&#x2019;s investment may sharply decrease in value and the Fund&#x2019;s income &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;from the investment may quickly decline. These types of instruments are particularly subject to extension risk, and offer less &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;potential for gains, during periods of rising interest rates. In addition, the Fund may be delayed in its ability to reinvest income &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;or proceeds from these instruments in potentially higher yielding investments, which would adversely affect the Fund to the &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;extent its investments are in lower interest rate debt instruments. Thus, changes in interest rates may cause volatility in the value &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;of and income received from these types of debt instruments.&lt;/span&gt;&lt;/div&gt;  &lt;div style="line-height: 12.02pt; margin-top: 9.90pt; text-align: left;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-style: italic; margin-left: 29pt;"&gt;Prepayment Risk&lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;. Certain debt instruments, including loans and mortgage- and other asset-backed securities, are subject &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;to the risk that payments on principal may occur more quickly or earlier than expected (or an investment is converted or &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;redeemed prior to maturity).&#160;For example, an issuer may exercise its right to redeem outstanding debt securities prior to their &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;maturity (known as a &#x201c;call&#x201d;) or otherwise pay principal earlier than expected for a number of reasons (e.g., declining interest &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;rates, changes in credit spreads and improvements in the issuer&#x2019;s credit quality).If an issuer calls or &#x201c;prepays&#x201d; a security in which &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;the Fund has invested, the Fund may not recoup the full amount of its initial investment and may be required to reinvest in &lt;/span&gt;&lt;/div&gt;  &lt;div style="line-height: 12.02pt; text-align: left;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;generally lower-yielding securities, securities with greater credit risks or securities with other, less favorable features or terms &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;than the security in which the Fund initially invested, thus potentially reducing the Fund&#x2019;s yield.&#160;Income Securities frequently &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;have call features that allow the issuer to repurchase the security prior to its stated maturity. Loans and mortgage- and other &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;asset-backed securities are particularly subject to prepayment risk, and offer less potential for gains, during periods of declining &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;interest rates (or narrower spreads) as issuers of higher interest rate debt instruments pay off debts earlier than expected. In &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;addition, the Fund may lose any premiums paid to acquire the investment. Other factors, such as excess cash flows, may also &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;contribute to prepayment risk.&#160;Thus, changes in interest rates may cause volatility in the value of and income received from these &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;types of debt instruments.&lt;/span&gt;&lt;/div&gt;  &lt;div style="line-height: 12.02pt; margin-top: 9.80pt; text-align: left;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;"&gt;Variable or floating rate investments may be less vulnerable to prepayment risk. Most floating rate loans and fixed-income&lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt; securities allow for prepayment of principal without penalty. Accordingly, the potential for the value of a floating rate &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;loan or security to increase in response to interest rate declines is limited. Corporate loans or fixed-income securities purchased &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;to replace a prepaid corporate loan or security may have lower yields than the yield on the prepaid corporate loan or security.&lt;/span&gt;&lt;/div&gt;  &lt;div style="line-height: 12.02pt; margin-top: 9.90pt; text-align: left;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-style: italic; margin-left: 29pt;"&gt;Liquidity Risk&lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;. The Fund may invest without limitation in Income Securities for which there is no readily available &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;trading market or which are unregistered, restricted or otherwise illiquid, including certain high-yield securities. The Fund may &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;invest in privately issued securities of both public and private companies, which may be illiquid. Securities of below investment &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;grade quality tend to be less liquid than investment grade debt securities, and securities of financial distressed or bankrupt &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;issuers may be particularly illiquid. Loans typically are not registered with the SEC and are not listed on any securities exchange &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;and may at times be illiquid. Loan investments through participations and assignments are typically illiquid. Structured finance &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;securities are typically privately offered and sold, and thus are not registered under the securities laws. As a result, investments in &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;structured finance securities may be characterized by the Fund as illiquid securities; however, an active dealer market may exist &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;which would allow such securities to be considered liquid in some circumstances. The securities and obligations of foreign &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;issuers, particular issuers in emerging markets, may be more likely to experience periods of illiquidity. Derivative instruments, &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;particularly privately-negotiated or OTC derivatives, may be illiquid, although can be no assurance that a liquid market will exist &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;when the Fund seeks to close out an exchange-traded derivative position.&lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; line-height: 12.02pt;"&gt; &lt;/span&gt;&lt;/div&gt;  &lt;div style="line-height: 12.02pt; margin-top: 9.90pt; text-align: left;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;"&gt;The Fund may not be able to readily dispose of illiquid securities and obligations at prices that approximate those at &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;which the Fund could sell such securities and obligations if they were more widely traded and, as a result of such illiquidity, the &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;Fund may have to sell other investments or engage in borrowing transactions if necessary to raise cash to meet its obligations. As &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;a result, the Fund may be unable to achieve its desired level of exposure to certain issuers, asset classes or sectors. The capacity &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;of market makers of fixed-income and other debt instruments has not kept pace with the consistent growth in these markets over &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;the past three decades, which has led to reduced levels in the capacity of these market makers to engage in trading and, as a &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;result, dealer inventories of corporate fixed-income, floating rate and certain other debt instruments are at or near historic lows &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;relative to market size. In addition, limited liquidity could affect the market price of Income Securities, thereby adversely &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;affecting the Fund&#x2019;s NAV and ability to make distributions. Dislocations in certain parts of markets are resulting in reduced &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;liquidity for certain investments. It is uncertain when financial markets will improve. Liquidity of financial markets may also be &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;affected by government intervention.&lt;/span&gt;&lt;/div&gt;  &lt;div style="line-height: 12.02pt; margin-top: 9.90pt; text-align: left;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-style: italic; margin-left: 29pt;"&gt;Valuation of Certain Income Securities Risk&lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;. The Sub-Adviser may use the fair value method to value investments if &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;market quotations for them are not readily available or are deemed unreliable, or if events occurring after the close of a securities &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;market and before the Fund values its assets would materially affect net asset value. Because the secondary markets for certain &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;investments may be limited, they may be difficult to value. Where market quotations are not readily available, valuation may &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;require more research than for more liquid investments. In addition, elements of judgment may play a greater role in valuation in &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;such cases than for investments with a more active secondary market because there is less reliable objective data available. A &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;security that is fair valued may be valued at a price higher or lower than the value determined by other funds using their own fair &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;valuation procedures. Prices obtained by the Fund upon the sale of such securities may not equal the value at which the Fund &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;carried the investment on its books, which would adversely affect the net asset value of the Fund.&lt;/span&gt;&lt;/div&gt;  &lt;div style="line-height: 12.02pt; margin-top: 9.90pt; text-align: left;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-style: italic; margin-left: 29pt;"&gt;Duration and Maturity Risk&lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;. The Fund has no set policy regarding portfolio maturity or duration. Holding long duration &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;and long maturity investments will expose the Fund to certain magnified risks. These risks include interest rate risk, credit risk &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;and liquidity risks as discussed above. Generally speaking, the longer the duration of the Fund&#x2019;s portfolio, the more exposure the &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;Fund will have to interest rate risk described above.&lt;/span&gt;&lt;/div&gt; </cef:RiskTextBlock>
    <cef:RiskTextBlock
      contextRef="I20210920_BelowInvestmentGradeSecuritiesRiskMember"
      id="t_10_2ccc1412_21a6_18c9_7a30_feb5b09adaa1"> &lt;div style="line-height: 12.02pt; margin-top: 9.90pt; text-align: left;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-weight: bold;"&gt;Below-Investment Grade Securities Risk&lt;/span&gt;&lt;/div&gt;  &lt;div style="line-height: 12.02pt; margin-top: 9.90pt; text-align: left;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;"&gt;The Fund may invest in Income Securities rated below-investment grade or, if unrated, determined by the Sub-Adviser to &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;be of comparable credit quality, which are commonly referred to as &#x201c;high-yield&#x201d; or &#x201c;junk&#x201d; bonds. Investment in securities of &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;below-investment grade quality involves substantial risk of loss, the risk of which is particularly acute under current conditions. &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;Income Securities of below-investment grade quality are predominantly speculative with respect to the issuer&#x2019;s capacity to pay &lt;/span&gt;&lt;/div&gt;  &lt;div style="line-height: 12.02pt; text-align: left;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;interest and repay principal when due and therefore involve a greater risk of default or decline in market value due to adverse &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;economic and issuer-specific developments. Securities of below investment grade quality may involve a greater risk of default or &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;decline in market value due to adverse economic and issuer-specific developments, such as operating results and outlook and to &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;real or perceived adverse economic and competitive industry conditions. Generally, the risks associated with high yield &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;securities are heightened during times of weakening economic conditions or rising interest rates (particularly for issuers that are &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;highly leveraged) and are therefore heightened under current conditions. If the Fund is unable to sell an investment at its desired &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;time, the Fund may miss other investment opportunities while it holds investments it would prefer to sell, which could adversely &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;affect the Fund&#x2019;s performance. In addition, the liquidity of any Fund investment may change significantly over time as a result of &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;market, economic, trading, issuer-specific and other factors. Accordingly, the performance of the Fund and a shareholder&#x2019;s &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;investment in the Fund may be adversely affected if an issuer is unable to pay interest and repay principal, either on time or at &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;all. Issuers of below investment grade securities are not perceived to be as strong financially as those with higher credit ratings. &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;These issuers are more vulnerable to financial setbacks and recessions or other adverse economic developments than more &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;creditworthy issuers, which may impair their ability to make interest and principal payments. Income Securities of below-investment&lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt; grade quality display increased price sensitivity to changing interest rates and to a deteriorating economic &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;environment. The market values, total return and yield for securities of below investment grade quality tend to be more volatile &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;than the market values, total return and yield for higher quality bonds. Securities of below investment grade quality tend to be &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;less liquid than investment grade debt securities and therefore more difficult to value accurately and sell at an advantageous &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;price or time and may involve greater transactions costs and wider bid/ask spreads, than higher-quality securities. To the extent &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;that a secondary market does exist for certain below investment grade securities, the market for them may be subject to irregular &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;trading activity, wide bid/ask spreads and extended trade settlement periods. Because of the substantial risks associated with &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;investments in below investment grade securities, you could have an increased risk of losing money on your investment in &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;Common Shares, both in the short-term and the long-term. To the extent that the Fund invests in securities that have not been &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;rated by an NRSRO, the Fund&#x2019;s ability to achieve its investment objectives will be more dependent on the Adviser&#x2019;s credit &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;analysis than would be the case when the Fund invests in rated securities.&lt;/span&gt;&lt;/div&gt;  &lt;div style="line-height: 12.02pt; margin-top: 10.30pt; text-align: left;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;"&gt;Successful investment in lower-medium and lower-rated debt securities may involve greater investment risk and is highly &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;dependent on the Adviser&#x2019;s credit analysis. The value of securities of below investment grade quality is particularly vulnerable to &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;changes in interest rates and a real or perceived economic downturn or higher interest rates could cause a decline in prices of &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;such securities by lessening the ability of issuers to make principal and interest payments. These securities are often thinly traded &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;or subject to irregular trading and can be more difficult to sell and value accurately than higher-quality securities because there &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;tends to be less public information available about these securities. Because objective pricing data may be less available, &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;judgment may play a greater role in the valuation process. In addition, the entire below investment grade market can experience &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;sudden and sharp price swings due to a variety of factors, including changes in economic forecasts, stock market activity, large &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;or sustained sales by major investors, a high-profile default, or a change in the market&#x2019;s psychology. Adverse conditions could &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;make it difficult at times for the Fund to sell certain securities or could result in lower prices than those used in calculating the &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;Fund&#x2019;s NAV.&lt;/span&gt;&lt;/div&gt; </cef:RiskTextBlock>
    <cef:RiskTextBlock
      contextRef="I20210920_StructuredFinanceInvestmentsRiskMember"
      id="t_11_34869e4b_e203_142d_4711_a6ac9c173b91"> &lt;div style="line-height: 12.02pt; margin-top: 10.30pt; text-align: left;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-weight: bold;"&gt;Structured Finance Investments Risk&lt;/span&gt;&lt;/div&gt;  &lt;div style="line-height: 12.02pt; margin-top: 10.29pt; text-align: left;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;"&gt;The Fund&#x2019;s structured finance investments may include residential and commercial mortgage-related and other ABS &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;issued by governmental entities and private issuers. Holders of structured finance investments bear risks of the underlying &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;investments, index or reference obligation and are subject to counterparty risk. &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;The Fund may have the right to receive payments &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;only from the structured product, and generally does not have direct rights against the issuer or the entity that sold the assets to &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;be securitized. While certain structured finance investments enable the investor to acquire interests in a pool of securities &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;without the brokerage and other expenses associated with directly holding the same securities, investors in structured finance &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;investments generally pay their share of the structured product&#x2019;s administrative and other expenses. Although it is difficult to &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;accurately predict whether the prices of indices and securities underlying structured finance investments will rise or fall, these &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;prices (and, therefore, the prices of structured finance investments) will be influenced by the same types of political, economic &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;and other events that affect issuers of securities and capital markets generally. If the issuer of a structured product uses shorter &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;term financing to purchase longer term securities, the issuer may be forced to sell its securities at below market prices if it &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;experiences difficulty in obtaining short-term financing, which may adversely affect the value of the structured finance &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;investment owned by the Fund.&lt;/span&gt;&lt;/div&gt;  &lt;div style="line-height: 12.02pt; margin-top: 10.30pt; text-align: left;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;"&gt;The Fund may invest in structured finance products collateralized by low grade or defaulted loans or securities. &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;Investments in such structured finance products are subject to the risks associated with below investment grade securities. Such &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;securities are characterized by high risk. It is likely that an economic recession could severely disrupt the market for such &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;securities and may have an adverse impact on the value of such securities.&lt;/span&gt;&lt;/div&gt;  &lt;div style="line-height: 12.02pt; margin-top: 10pt; text-align: left;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;"&gt;The Fund may invest in senior and subordinated classes issued by structured finance vehicles. The payment of cash flows &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;from the underlying assets to senior classes take precedence over those of subordinated classes, and therefore subordinated &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;classes are subject to greater risk. Furthermore, the leveraged nature of subordinated classes may magnify the adverse impact on &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;such class of changes in the value of the assets, changes in the distributions on the assets, defaults and recoveries on the assets, &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;capital gains and losses on the assets, prepayment on assets and availability, price and interest rates of assets.&lt;/span&gt;&lt;/div&gt;  &lt;div style="line-height: 12.02pt; margin-top: 9.90pt; text-align: left;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;"&gt;Structured finance securities may be thinly traded or have a limited trading market. Structured finance securities are &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;typically privately offered and sold, and thus are not registered under the securities laws. As a result, investments in structured &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;finance securities may be characterized by the Fund as illiquid securities; however, an active dealer market may exist which &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;would allow such securities to be considered liquid in some circumstances.&lt;/span&gt;&lt;/div&gt; </cef:RiskTextBlock>
    <cef:RiskTextBlock
      contextRef="I20210920_MortgageBackedSecuritiesRiskMember"
      id="t_12_7721b32b_c8a9_f765_0fc2_318d30656e7b"> &lt;div style="line-height: 12.02pt; margin-top: 9.90pt; text-align: left;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-weight: bold;"&gt;Mortgage-Backed Securities Risk&lt;/span&gt;&lt;/div&gt;  &lt;div style="line-height: 12.02pt; margin-top: 9.90pt; text-align: left;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;"&gt;Mortgage-backed securities (&#x201c;MBS&#x201d;) represent an interest in a pool of mortgages. MBS are subject to certain risks, such &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;as: credit risk associated with the performance of the underlying mortgage properties and of the borrowers owning these &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;properties; risks associated with their structure and execution (including the collateral, the process by which principal and &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;interest payments are allocated and distributed to investors and how credit losses affect the return to investors in such MBS); &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;risks associated with the servicer of the underlying mortgages; adverse changes in economic conditions and circumstances, &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;which are more likely to have an adverse impact on MBS secured by loans on certain types of commercial properties than on &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;those secured by loans on residential properties; prepayment risk, which can lead to significant fluctuations in the value of the &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;MBS; loss of all or part of the premium, if any, paid; and decline in the market value of the security, whether resulting from &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;changes in interest rates, prepayments on the underlying mortgage collateral or perceptions of the credit risk associated with the &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;underlying mortgage collateral. &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;The value of MBS may be substantially dependent on the servicing of the underlying pool of &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;mortgages. In addition, the Fund&#x2019;s level of investment in MBS of a particular type or in MBS issued or guaranteed by affiliated &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;obligors, serviced by the same servicer or backed by underlying collateral located in a specific geographic region, may subject &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;the Fund to additional risk.&lt;/span&gt;&lt;/div&gt;  &lt;div style="line-height: 12.02pt; margin-top: 9.90pt; text-align: left;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;"&gt;When market interest rates decline, more mortgages are refinanced and the securities are paid off earlier than expected. &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;Prepayments may also occur on a scheduled basis or due to foreclosure. When market interest rates increase, the market values &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;of MBS decline. At the same time, however, mortgage refinancings and prepayments slow, which lengthens the effective &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;maturities of these securities. As a result, the negative effect of the rate increase on the market value of MBS is usually more &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;pronounced than it is for other types of debt securities. In addition, due to increased instability in the credit markets, the market &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;for some MBS has experienced reduced liquidity and greater volatility with respect to the value of such securities, making it &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;more difficult to value such securities. The Fund may invest in sub-prime mortgages or MBS that are backed by sub-prime &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;mortgages or defaulted or nonperforming loans.&lt;/span&gt;&lt;/div&gt;  &lt;div style="line-height: 12.02pt; margin-top: 9.90pt; text-align: left;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;"&gt;Additional risks relating to investments in mortgage-backed securities may arise because of the type of mortgage-backed &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;securities in which the Fund invests, defined by the assets collateralizing the mortgage-backed securities. For example, CMOs &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;may have complex or highly variable prepayment terms, such as companion classes, interest only or principal only payments, &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;inverse floaters and residuals. These investments generally entail greater market, prepayment and liquidity risks than other &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;mortgage-backed securities, and may be more volatile or less liquid than other mortgage-backed securities. These risks are &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;heightened under the currently distressed economic, market, labor and public health conditions.&lt;/span&gt;&lt;/div&gt;  &lt;div style="line-height: 12.02pt; margin-top: 9.90pt; text-align: left;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;"&gt;Moreover, the relationship between prepayments and interest rates may give some high-yielding MBS less potential for &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;growth in value than conventional bonds with comparable maturities. In addition, during periods of falling interest rates, the rate &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;of prepayment tends to increase. During such periods, the reinvestment of prepayment proceeds by the Fund will generally be at &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;lower rates than the rates that were carried by the obligations that have been prepaid. Because of these and other reasons, MBS&#x2019;s &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;total return and maturity may be difficult to predict precisely. To the extent that the Fund purchases MBS at a premium, &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;prepayments (which may be made without penalty) may result in loss of the Fund&#x2019;s principal investment to the extent of &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;premium paid.&lt;/span&gt;&lt;/div&gt;  &lt;div style="line-height: 12.02pt; margin-top: 10.00pt; text-align: left;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;"&gt;MBS generally are classified as either CMBS or residential mortgage-backed securities RMBS, each of which are &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;subject to certain specific risks.&lt;/span&gt;&lt;/div&gt;  &lt;div style="line-height: 12.02pt; margin-top: 10.00pt; text-align: left;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-style: italic; margin-left: 29pt;"&gt;Commercial Mortgage-Backed Securities Risk&lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;. The market for CMBS developed more recently and, in terms of total &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;outstanding principal amount of issues, is relatively small compared to the market for MBS. CMBS are subject to particular &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;risks, such as those associated with lack of standardized terms, shorter maturities than residential mortgage loans and payment &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;of all or substantially all of the principal only at maturity rather than regular amortization of principal. In addition, commercial &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;lending generally is viewed as exposing the lender to a greater risk of loss than residential lending. Commercial lending &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;typically involves larger loans to single borrowers or groups of related borrowers than residential mortgage loans. In addition, &lt;/span&gt;&lt;/div&gt;  &lt;div style="line-height: 12.02pt; text-align: left;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;the repayment of loans secured by income producing properties typically is dependent upon the successful operation of the &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;related real estate project and the cash flow generated therefrom. Net operating income of an income- producing property can be &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;affected by, among other things: tenant mix, success of tenant businesses, property management decisions, property location and &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;condition, competition from comparable types of properties, changes in laws that increase operating expense or limit rents that &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;may be charged, any need to address environmental contamination at the property, the occurrence of any uninsured casualty at &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;the property, changes in national, regional or local economic conditions and/or specific industry segments, declines in regional &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;or local real estate values, declines in regional or local rental or occupancy rates, increases in interest rates, real estate tax rates &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;and other operating expenses, change in governmental rules, regulations and fiscal policies, including environmental legislation, &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;acts of God, terrorism, social unrest and civil disturbances.&lt;/span&gt;&lt;/div&gt;  &lt;div style="line-height: 12.02pt; margin-top: 10.29pt; text-align: left;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;"&gt;Consequently, adverse changes in economic conditions and circumstances are more likely to have an adverse impact on &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;MBS secured by loans on commercial properties than on those secured by loans on residential properties. Economic downturns, &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;rises in unemployment and other events, such as public health emergencies, that limit the activities of and demand for &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;commercial retail and office spaces (such as the current COVID-19 crisis) adversely impact the value of such securities. &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;Additional risks may be presented by the type and use of a particular commercial property. Special risks are presented by &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;hospitals, nursing homes, hospitality properties and certain other property types. Commercial property values and net operating &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;income are subject to volatility, which may result in net operating income becoming insufficient to cover debt service on the &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;related mortgage loan. The exercise of remedies and successful realization of liquidation proceeds relating to CMBS may be &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;highly dependent on the performance of the servicer or special servicer. There may be a limited number of special servicers &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;available, particularly those that do not have conflicts of interest.&lt;/span&gt;&lt;/div&gt;  &lt;div style="line-height: 12.02pt; margin-top: 10.30pt; text-align: left;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-style: italic; margin-left: 29pt;"&gt;Residential Mortgage-Backed Securities Risk&lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;. Credit-related risk on RMBS arises from losses due to delinquencies and &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;defaults by the borrowers in payments on the underlying mortgage loans and breaches by originators and servicers of their &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;obligations under the underlying documentation pursuant to which the RMBS are issued. The rate of delinquencies and defaults &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;on residential mortgage loans and the aggregate amount of the resulting losses will be affected by a number of factors, including &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;general economic conditions, particularly those in the area where the related mortgaged property is located, the level of the &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;borrower&#x2019;s equity in the mortgaged property and the individual financial circumstances of the borrower. If a residential mortgage &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;loan is in default, foreclosure on the related residential property may be a lengthy and difficult process involving significant &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;legal and other expenses. The net proceeds obtained by the holder on a residential mortgage loan following the foreclosure on &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;the related property may be less than the total amount that remains due on the loan. The prospect of incurring a loss upon the &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;foreclosure of the related property may lead the holder of the residential mortgage loan to restructure the residential mortgage &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;loan or otherwise delay the foreclosure process. These risks are elevated given the current distressed economic, market, public &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;health and labor conditions, notably, increased levels of unemployment relative to recent years, delays and delinquencies in &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;payments of mortgage and rent obligations, and uncertainty regarding the effects and extent of government intervention with &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;respect to mortgage payments and other economic matters.&lt;/span&gt;&lt;/div&gt;  &lt;div style="line-height: 12.02pt; margin-top: 10.30pt; text-align: left;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-style: italic; margin-left: 29pt;"&gt;Sub-Prime Mortgage Market Risk&lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;. The residential mortgage market in the United States has experienced difficulties that &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;may adversely affect the performance and market value of certain mortgages and MBS. Delinquencies and losses on residential &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;mortgage loans (especially sub-prime and second-lien mortgage loans) generally have increased at times and may again &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;increase, and a decline in or flattening of housing values (as has been experienced at times and may again be experienced in &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;many housing markets) may exacerbate such delinquencies and losses. Borrowers with adjustable rate mortgage loans are more &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;sensitive to changes in interest rates, which affect their monthly mortgage payments, and may be unable to secure replacement &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;mortgages at comparably low interest rates. Also, a number of residential mortgage loan originators have experienced serious &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;financial difficulties or bankruptcy. Largely due to the foregoing, reduced investor demand for mortgage loans and MBS and &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;increased investor yield requirements caused limited liquidity in the secondary market for certain MBS, which can adversely &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;affect the market value of MBS. It is possible that such limited liquidity in such secondary markets could continue or worsen. If &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;the economy of the United States deteriorates further, the incidence of mortgage foreclosures, especially sub-prime mortgages, &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;may increase, which may adversely affect the value of any MBS owned by the Fund.&lt;/span&gt;&lt;/div&gt;  &lt;div style="line-height: 12.02pt; margin-top: 10.30pt; text-align: left;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;"&gt;Any increase in prevailing market interest rates, which are currently near historical lows, may result in increased &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;payments for borrowers who have adjustable rate mortgages. Moreover, with respect to hybrid mortgage loans after their initial &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;fixed rate period, interest-only products or products having a lower rate, and with respect to mortgage loans with a negative &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;amortization feature which reach their negative amortization cap, borrowers may experience a substantial increase in their &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;monthly payment even without an increase in prevailing market interest rates. Increases in payments for borrowers may result in &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;increased rates of delinquencies and defaults on residential mortgage loans underlying the RMBS.&lt;/span&gt;&lt;/div&gt;  &lt;div style="line-height: 12.02pt; margin-top: 10pt; text-align: left;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;"&gt;The significance of the mortgage crisis and loan defaults in residential mortgage loan sectors led to the enactment of &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;numerous pieces of legislation relating to the mortgage and housing markets. These actions, along with future legislation or &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;regulation, may have significant impacts on the mortgage market generally and may result in a reduction of available &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;transactional opportunities for the Fund or an increase in the cost associated with such transactions and may adversely impact &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;the value of RMBS.&lt;/span&gt;&lt;/div&gt;  &lt;div style="line-height: 12.02pt; margin-top: 9.81pt; text-align: left;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;"&gt;During the mortgage crisis, a number of originators and servicers of residential and commercial mortgage loans, &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;including some of the largest originators and servicers in the residential and commercial mortgage loan market, experienced &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;serious financial difficulties. Such difficulties may affect the performance of non-agency RMBS and CMBS. There can be no &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;assurance that originators and servicers of mortgage loans will not continue to experience serious financial difficulties or &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;experience such difficulties in the future, including becoming subject to bankruptcy or insolvency proceedings, or that &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;underwriting procedures and policies and protections against fraud will be sufficient in the future to prevent such financial &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;difficulties or significant levels of default or delinquency on mortgage loans.&lt;/span&gt;&lt;/div&gt; </cef:RiskTextBlock>
    <cef:RiskTextBlock
      contextRef="I20210920_AssetBackedSecuritiesRiskMember"
      id="t_13_aaa36eff_a46e_5817_275b_5b208c584309"> &lt;div style="line-height: 12.02pt; margin-top: 9.90pt; text-align: left;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-weight: bold;"&gt;Asset-Backed Securities Risk&lt;/span&gt;&lt;/div&gt;  &lt;div style="line-height: 12.02pt; margin-top: 9.90pt; text-align: left;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;"&gt;ABS are a form of structured debt obligation. In addition to the general risks associated with credit securities discussed &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;herein, ABS are subject to additional risks. &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;While traditional fixed-income securities typically pay a fixed rate of interest until &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;maturity, when the entire principal amount is due, an ABS represents an interest in a pool of assets, such as automobile loans, &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;credit card receivables, unsecured consumer loans or student loans, that has been securitized and provides for monthly payments &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;of interest, at a fixed or floating rate, and principal from the cash flow of these assets. This pool of assets (and any related assets &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;of the issuing entity) is the only source of payment for the ABS. The ability of an ABS issuer to make payments on the ABS, and &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;the timing of such payments, is therefore dependent on collections on these underlying assets. The recoveries on the underlying &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;collateral may not, in some cases, be sufficient to support payments on these securities, which may result in losses to investors in &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;an ABS.&lt;/span&gt;&lt;/div&gt;  &lt;div style="line-height: 12.02pt; margin-top: 9.90pt; text-align: left;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;"&gt;Generally, obligors may prepay the underlying assets in full or in part at any time, subjecting the Fund to prepayment risk &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;related to the ABS it holds. While the expected repayment streams on ABS are determined by the contractual amortization &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;schedules for the underlying assets, an investor&#x2019;s yield to maturity on an ABS is uncertain and may be reduced by the rate and &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;speed of prepayments of the underlying assets, which may be influenced by a variety of economic, social and other factors. Any &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;prepayments, repurchases, purchases or liquidations of the underlying assets could shorten the average life of the ABS to an &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;extent that cannot be fully predicted. Some ABS may be structured to include a period of rapid amortization triggered by events &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;such as a significant rise in the default rate of the underlying collateral, a sharp drop in the credit enhancement level because of &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;credit losses on the underlying assets, a specified regulatory event or the bankruptcy of the originator. A rapid amortization &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;event will cause any revolving period to end earlier than expected and all collections on the underlying assets will be used to pay &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;principal to investors earlier than expected. In general, the senior most securities will be paid prior to any payments being made &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;on the subordinated securities, and if such payments are made earlier than expected, the Fund&#x2019;s yield on such ABS may be &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;negatively affected.&lt;/span&gt;&lt;/div&gt; </cef:RiskTextBlock>
    <cef:RiskTextBlock
      contextRef="I20210920_CLOCDOAndCBORiskMember"
      id="t_14_1e44f6a2_6836_f9fd_3e94_9069b0815ea0"> &lt;div style="line-height: 12.02pt; margin-top: 9.90pt; text-align: left;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-weight: bold;"&gt;CLO, CDO and CBO Risk&lt;/span&gt;&lt;/div&gt;  &lt;div style="line-height: 12.02pt; margin-top: 9.90pt; text-align: left;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;"&gt;In addition to the general risks associated with credit securities discussed herein, CLOs, CDOs and CBOs are subject to &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;additional risks. CLOs, CDOs and CBOs are subject to risks because of the involvement of multiple transaction parties related &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;to the underlying collateral and disruptions that may occur as a result of the restructuring or insolvency of the underlying &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;obligors, which are generally corporate obligors. &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;Unlike a consumer obligor that is generally obligated to make payments on the &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;collateral backing an ABS, the obligor on the collateral backing a CLO, a CDO or a CBO may have more effective defenses or &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;resources to cause a delay in payment or restructure the underlying obligation. If an obligor is permitted to restructure its &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;obligations, distributions from collateral securities may not be adequate to make interest or other payments.&lt;/span&gt;&lt;/div&gt;  &lt;div style="line-height: 12.02pt; margin-top: 9.90pt; text-align: left;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;"&gt;The performance of CLOs, CDOs and CBOs depends primarily upon the quality of the underlying assets and the level of &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;credit support or enhancement in the structure and the relative priority of the interest in the issuer of the CLO, CDO or CBO &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;purchased by the Fund. In general, CLOs, CDOs and CBOs are actively managed by an asset manager that is responsible for &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;evaluating and acquiring the assets that will collateralize the CLO, CDO or CBO. The asset manager may have difficulty in &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;identifying assets that satisfy the eligibility criteria for the assets and may be restricted from trading the collateral. These criteria, &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;restrictions and requirements, while reducing the overall risk to the Fund, may limit the ability of the Adviser to maximize &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;returns on the CLOs, CDOs and CBOs if an opportunity is identified by the collateral manager. In addition, other parties &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;involved in CLOs, CDOs and CBOs, such as credit enhancement providers and investors in senior obligations of the CLO, CDO &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;or CBO may have the right to control the activities and discretion of the Adviser in a manner that is adverse to the interests of &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;the Fund. A CLO, CDO or CBO generally includes provisions that alter the priority of payments if performance metrics related &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;to the underlying collateral, such as interest coverage and minimum overcollateralization, are not met.&lt;/span&gt;&lt;/div&gt;  &lt;div style="line-height: 12.02pt; margin-top: 10pt; text-align: left;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;"&gt;These provisions may cause delays in payments on the securities or an increase in prepayments depending on the relative &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;priority of the securities owned by the Fund. The failure of a CLO, CDO or CBO to make timely payments on a particular &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;tranche may have an adverse effect on the liquidity and market value of such tranche.&lt;/span&gt;&lt;/div&gt;  &lt;div style="line-height: 12.02pt; margin-top: 9.90pt; text-align: left;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;"&gt;Payments to holders of CLOs, CDOs and CBOs may be subject to deferral. If cashflows generated by the underlying &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;assets are insufficient to make all current and, if applicable, deferred payments on the CLOs, CDOs and CBOs, no other assets &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;will be available for payment of the deficiency and, following realization of the underlying assets, the obligations of the issuer to &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;pay such deficiency will be extinguished.&lt;/span&gt;&lt;/div&gt;  &lt;div style="line-height: 12.02pt; margin-top: 9.90pt; text-align: left;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;"&gt;The value of securities issued by CLOs, CDOs and CBOs also may change because of, among other things, changes in &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;market value; changes in the market&#x2019;s perception of the creditworthiness of the servicer of the assets, the originator of an asset in &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;the pool, or the financial institution or fund providing credit support or enhancement; loan performance and prices; broader &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;market sentiment, including expectations regarding future loan defaults, liquidity conditions and supply and demand for &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;structured products.&lt;/span&gt;&lt;/div&gt;  &lt;div style="line-height: 12.02pt; margin-top: 9.90pt; text-align: left;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;"&gt;Section 13 of the Bank Holding Company Act of 1956, often referred to as the &#x201c;Volcker Rule,&#x201d; imposes restrictions on &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;banking entities&#x2019; ability to sponsor or invest in certain CLOs, CDOs and CBOs. These restrictions may have an adverse effect on &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;the CLO, CDO and CBO market generally, including the availability, liquidity and value of certain CLOs, CDOs and CBOs.&lt;/span&gt;&lt;/div&gt;  &lt;div style="line-height: 12.02pt; margin-top: 9.90pt; text-align: left;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;"&gt;The Fund may invest in any portion of the capital structure of CLOs (including the subordinated, residual and deep &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;mezzanine debt tranches). As a result, the CLOs in which the Fund invests may have issued and sold debt tranches that will rank &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;senior to the tranches in which the Fund invests. By their terms, such more senior tranches may entitle the holders to receive &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;payment of interest or principal on or before the dates on which the Fund is entitled to receive payments with respect to the &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;tranches in which the Fund invests. Also, in the event of insolvency, liquidation, dissolution, reorganization or bankruptcy of a &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;CLO, holders of more senior tranches would typically be entitled to receive payment in full before the Fund receives any &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;distribution. After repaying such senior creditors, such CLO may not have any remaining assets to use for repaying its obligation &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;to the Fund. In the case of tranches ranking equally with the tranches in which the Fund invests, the Fund would have to share on &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;an equal basis any distributions with other creditors holding such securities in the event of an insolvency, liquidation, &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;dissolution, reorganization or bankruptcy of the relevant CLO. Therefore, the Fund may not receive back the full amount of its &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;investment in a CLO.&lt;/span&gt;&lt;/div&gt;  &lt;div style="line-height: 12.02pt; margin-top: 9.90pt; text-align: left;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-style: italic; margin-left: 29pt;"&gt;CLO Subordinated Notes Risk&lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;. The Fund may invest in any portion of the capital structure of CLOs (including the &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;subordinated, residual and deep mezzanine debt tranches). Investment in the subordinated tranche is subject to special risks. The &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;subordinated tranche does not receive ratings and is considered the riskiest portion of the capital structure of a CLO. The &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;subordinated tranche is junior in priority of payment to the more senior tranches of the CLO and is subject to certain payment &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;restrictions. As a result, the subordinated tranche bears the bulk of defaults from the loans in the CLO. In addition, the &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;subordinated tranche generally has only limited voting rights and generally does not benefit from any creditors&#x2019; rights or ability &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;to exercise remedies under the indenture governing the CLO notes. Certain mezzanine tranches in which the Fund may invest &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;may also be subject to certain risks similar to risks associated with investment in the subordinated tranche.&lt;/span&gt;&lt;/div&gt;  &lt;div style="line-height: 12.02pt; margin-top: 9.90pt; text-align: left;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;"&gt;The subordinated tranche is unsecured and ranks behind all of the secured creditors, known or unknown, of the CLO &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;issuer, including the holders of the secured notes it has issued. Consequently, to the extent that the value of the issuer&#x2019;s portfolio &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;of loan investments has been reduced as a result of conditions in the credit markets, defaulted loans, capital gains and losses on &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;the underlying assets, prepayment or changes in interest rates, the value of the subordinated tranche realized at redemption could &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;be reduced. If a CLO breaches certain tests set forth in the CLO&#x2019;s indenture, excess cash flow that would otherwise be available &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;for distribution to the subordinated tranche investors is diverted to prepay CLO debt investors in order of seniority until such &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;time as the covenant breach is cured. If the covenant breach is not or cannot be cured, the subordinated tranche investors (and &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;potentially other investors in lower priority rated tranches) may experience a partial or total loss of their investment. &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;Accordingly, the subordinated tranche may not be paid in full and may be subject to up to 100% loss. At the time of issuance, the &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;subordinated tranche of a CLO is typically under-collateralized in that the liabilities of a CLO at inception exceed its total &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;assets.&lt;/span&gt;&lt;/div&gt;  &lt;div style="line-height: 12.02pt; margin-top: 10.00pt; text-align: left;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;"&gt;The leveraged nature of subordinated notes may magnify the adverse impact on the subordinated notes of changes in the &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;market value of the investments held by the issuer, changes in the distributions on those investments, defaults and recoveries on &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;those investments, capital gains and losses on those investments, prepayments on those investments and availability, prices and &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;interest rates of those investments.&lt;/span&gt;&lt;/div&gt;  &lt;div style="line-height: 12.02pt; margin-top: 10.00pt; text-align: left;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;"&gt;Subordinated notes are not guaranteed by another party. There can be no assurance that distributions on the assets held by &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;the CLO will be sufficient to make any distributions or that the yield on the subordinated notes will meet the Fund&#x2019;s &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;expectations. Investments in the subordinated tranche of a CLO are generally less liquid than CLO debt tranches and subject to &lt;/span&gt;&lt;/div&gt;  &lt;div style="line-height: 12.02pt; text-align: left;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;extensive transfer restrictions, and there may be no market for subordinated notes. Therefore Fund may be required to hold &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;subordinated notes for an indefinite period of time or until their stated maturity. Certain mezzanine tranches in which the Fund &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;may invest may also be subject to certain risks similar to risks associated with investment in the subordinated tranche.&lt;/span&gt;&lt;/div&gt; </cef:RiskTextBlock>
    <cef:RiskTextBlock
      contextRef="I20210920_RisksAssociatedWithRiskLinkedSecuritiesMember"
      id="t_15_560f0e6b_adfa_673d_8ade_7de55748d691"> &lt;div style="line-height: 12.02pt; margin-top: 10.20pt; text-align: left;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-weight: bold;"&gt;Risks Associated with Risk-Linked Securities&lt;/span&gt;&lt;/div&gt;  &lt;div style="line-height: 12.02pt; margin-top: 10.20pt; text-align: left;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;"&gt;RLS are a form of derivative issued by insurance companies and insurance-related special purpose vehicles that apply &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;securitization techniques to catastrophic property and casualty damages. &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;Unlike other insurable low-severity, high-probability &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;events (such as auto collision coverage), the insurance risk of which can be diversified by writing large numbers of similar &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;policies, the holders of a typical RLS are exposed to the risks from high-severity, low-probability events such as that posed by &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;major earthquakes or hurricanes. RLS represent a method of reinsurance, by which insurance companies transfer their own &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;portfolio risk to other reinsurance companies and, in the case of RLS, to the capital markets. A typical RLS provides for income &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;and return of capital similar to other fixed-income investments, but involves full or partial default if losses resulting from a &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;certain catastrophe exceeded a predetermined amount. In essence, investors invest funds in RLS and if a catastrophe occurs that &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;&#x201c;triggers&#x201d; the RLS, investors may lose some or all of the capital invested. In the case of an event, the funds are paid to the bond &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;sponsor &#x2014; an insurer, reinsurer or corporation &#x2014; to cover losses. In return, the bond sponsors pay interest to investors for this &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;catastrophe protection. RLS can be structured to pay-off on three types of variables&#x2014;insurance-industry catastrophe loss &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;indices, insure-specific catastrophe losses and parametric indices based on the physical characteristics of catastrophic events. &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;Such variables are difficult to predict or model, and the risk and potential return profiles of RLS may be difficult to assess. &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;Catastrophe-related RLS have been in use since the 1990s, and the securitization and risk-transfer aspects of such RLS are &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;beginning to be employed in other insurance and risk-related areas. No active trading market may exist for certain RLS, which &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;may impair the ability of the Fund to realize full value in the event of the need to liquidate such assets.&lt;/span&gt;&lt;/div&gt; </cef:RiskTextBlock>
    <cef:RiskTextBlock
      contextRef="I20210920_RisksAssociatedWithStructuredNotesMember"
      id="t_16_ab3466c9_ea2a_9351_84f4_444f23955b6e"> &lt;div style="line-height: 12.02pt; margin-top: 10.20pt; text-align: left;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-weight: bold;"&gt;Risks Associated with Structured Notes&lt;/span&gt;&lt;/div&gt;  &lt;div style="line-height: 12.02pt; margin-top: 10.19pt; text-align: left;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;"&gt;Investments in structured notes involve risks associated with the issuer of the note and the reference instrument. Where &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;the Fund&#x2019;s investments in structured notes are based upon the movement of one or more factors, including currency exchange &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;rates, interest rates, referenced bonds and stock indices, depending on the factor used and the use of multipliers or deflators, &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;changes in interest rates and movement of the factor may cause significant price fluctuations. Additionally, changes in the &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;reference instrument or security may cause the interest rate on the structured note to be reduced to zero, and any further changes &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;in the reference instrument may then reduce the principal amount payable on maturity. Structured notes may be less liquid than &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;other types of securities and more volatile than the reference instrument or security underlying the note.&lt;/span&gt;&lt;/div&gt; </cef:RiskTextBlock>
    <cef:RiskTextBlock
      contextRef="I20210920_SeniorLoansRiskMember"
      id="t_17_5418b07d_92dd_ae0e_5172_afdfcda06ca7"> &lt;div style="line-height: 12.02pt; margin-top: 10.20pt; text-align: left;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-weight: bold;"&gt;Senior Loans Risk&lt;/span&gt;&lt;/div&gt;  &lt;div style="line-height: 12.02pt; margin-top: 10.19pt; text-align: left;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;"&gt;The Fund may invest in senior secured floating rate Loans made to corporations and other non-governmental entities and &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;issuers (&#x201c;Senior Loans&#x201d;). Senior Loans typically hold the most senior position in the capital structure of the issuing entity, are &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;typically secured with specific collateral and typically have a claim on the assets of the borrower, including stock owned by the &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;borrower in its subsidiaries, that is senior to that held by junior lien creditors, subordinated debt holders and stockholders of the &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;borrower. The Fund&#x2019;s investments in Senior Loans are typically below-investment grade and are considered speculative because &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;of the credit risk of the applicable issuer.&lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; line-height: 12.02pt;"&gt; &lt;/span&gt;&lt;/div&gt;  &lt;div style="line-height: 12.02pt; margin-top: 10.10pt; text-align: left;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;"&gt;There is less readily-available, reliable information about most Senior Loans than is the case for many other types of &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;securities. In addition, there is rarely a minimum rating or other independent evaluation of a borrower or its securities, and the &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;Adviser relies primarily on its own evaluation of a borrower&#x2019;s credit quality rather than on any available independent sources. As &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;a result, the Fund is particularly dependent on the analytical abilities of the Adviser with respect to investments in Senior Loans. &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;The Adviser&#x2019;s judgment about the credit quality of a borrower may be wrong.&lt;/span&gt;&lt;/div&gt;  &lt;div style="line-height: 12.02pt; margin-top: 10.10pt; text-align: left;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;"&gt;The risks associated with Senior Loans of below-investment grade quality are similar to the risks of other lower grade &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;Income Securities, although Senior Loans are typically senior in payment priority and secured on a senior priority basis, in &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;contrast to subordinated and unsecured Income Securities. Senior Loans&#x2019; higher priority has historically resulted in generally &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;higher recoveries in the event of a corporate reorganization. In addition, because their interest payments are adjusted for changes &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;in short-term interest rates, investments in Senior Loans have less interest rate risk than certain other lower grade Income &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;Securities, which may have fixed interest rates. The Fund&#x2019;s investments in Senior Loans are typically below-investment grade &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;and are considered speculative because of the credit risk of their issuers. Such companies are more likely to default on their &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;payments of interest and principal owed to the Fund, and such defaults could reduce the Fund&#x2019;s net asset value and income &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;distributions. An economic downturn generally leads to a higher non-payment rate, and a debt obligation may lose significant &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;value before a default occurs. Moreover, any specific collateral used to secure a Senior Loan may decline in value or become &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;illiquid, which would adversely affect the Senior Loan&#x2019;s value.&lt;/span&gt;&lt;/div&gt;  &lt;div style="line-height: 12.02pt; margin-top: 10pt; text-align: left;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;"&gt;Economic and other events (whether real or perceived) can reduce the demand for certain Senior Loans or Senior Loans &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;generally, which may reduce market prices and cause the Fund&#x2019;s net asset value per share to fall. The frequency and magnitude &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;of such changes cannot be predicted.&lt;/span&gt;&lt;/div&gt;  &lt;div style="line-height: 12.02pt; margin-top: 9.90pt; text-align: left;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;"&gt;Loans and other debt instruments are also subject to the risk of price declines due to increases in prevailing interest rates, &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;although floating-rate debt instruments are substantially less exposed to this risk than fixed-rate debt instruments. Interest rate &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;changes may also increase prepayments of debt obligations and require the Fund to invest assets at lower yields. No active &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;trading market may exist for certain Senior Loans, which may impair the ability of the Fund to realize full value in the event of &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;the need to liquidate such assets. Adverse market conditions may impair the liquidity of some actively traded Senior Loans.&lt;/span&gt;&lt;/div&gt; </cef:RiskTextBlock>
    <cef:RiskTextBlock
      contextRef="I20210920_SecondLienLoansRiskMember"
      id="t_18_200b06ac_8178_6f1d_9aed_7fca1de9986b"> &lt;div style="line-height: 12.02pt; margin-top: 9.90pt; text-align: left;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-weight: bold;"&gt;Second Lien Loans Risk&lt;/span&gt;&lt;/div&gt;  &lt;div style="line-height: 12.02pt; margin-top: 9.90pt; text-align: left;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;"&gt;The Fund may invest in &#x201c;second lien&#x201d; secured floating rate Loans made by public and private corporations and other non-governmental&lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt; entities and issuers for a variety of purposes (&#x201c;Second Lien Loans&#x201d;). Second Lien Loans are typically second in &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;right of payment and/or second in right of priority with respect to collateral remedies to one or more Senior Loans of the related &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;borrower. &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;Second Lien Loans are subject to the same risks associated with investment in Senior Loans and other lower grade &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;Income Securities. However, Second Lien Loans are second in right of payment and/or second in right of priority with respect to &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;collateral remedies to Senior Loans and therefore are subject to the additional risk that the cash flow of the borrower and/or the &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;value of any property securing the Loan may be insufficient to meet scheduled payments or otherwise be available to repay the &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;Loan after giving effect to payments in respect of a Senior Loan, including payments made with the proceeds of any property &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;securing the Loan and any senior secured obligations of the borrower. Second Lien Loans are expected to have greater price &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;volatility and exposure to losses upon default than Senior Loans and may be less liquid. There is also a possibility that &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;originators will not be able to sell participations in Second Lien Loans, which would create greater credit risk exposure.&lt;/span&gt;&lt;/div&gt; </cef:RiskTextBlock>
    <cef:RiskTextBlock
      contextRef="I20210920_SubordinatedSecuredLoansRiskMember"
      id="t_19_1c4e4920_45a1_5a64_a216_ebf2379aa9ef"> &lt;div style="line-height: 12.02pt; margin-top: 9.90pt; text-align: left;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-weight: bold;"&gt;Subordinated Secured Loans Risk&lt;/span&gt;&lt;/div&gt;  &lt;div style="line-height: 12.02pt; margin-top: 10.00pt; text-align: left;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;"&gt;Subordinated secured Loans generally are subject to similar risks as those associated with investment in Senior Loans, &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;Second Lien Loans and below investment grade securities. &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;However, such loans may rank lower in right of payment than any &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;outstanding Senior Loans, Second Lien Loans or other debt instruments with higher priority of the borrower and therefore are &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;subject to additional risk that the cash flow of the borrower and any property securing the loan may be insufficient to meet &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;scheduled payments and repayment of principal in the event of default or bankruptcy after giving effect to the higher ranking &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;secured obligations of the borrower. Subordinated secured Loans are expected to have greater price volatility than Senior Loans &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;and Second Lien Loans and may be less liquid.&lt;/span&gt;&lt;/div&gt; </cef:RiskTextBlock>
    <cef:RiskTextBlock
      contextRef="I20210920_UnsecuredLoansRiskMember"
      id="t_20_02093d10_68cd_bdfe_aaf1_e74bfda0ded1"> &lt;div style="line-height: 12.02pt; margin-top: 10.00pt; text-align: left;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-weight: bold;"&gt;Unsecured Loans Risk&lt;/span&gt;&lt;/div&gt;  &lt;div style="line-height: 12.02pt; margin-top: 10.00pt; text-align: left;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;"&gt;Unsecured Loans generally are subject to similar risks as those associated with investment in Senior Loans, Second Lien &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;Loans, subordinated secured Loans and below investment grade securities. However, because unsecured Loans have lower &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;priority in right of payment to any higher ranking obligations of the borrower and are not backed by a security interest in any &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;specific collateral, they are subject to additional risk that the cash flow of the borrower and available assets may be insufficient &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;to meet scheduled payments and repayment of principal after giving effect to any higher ranking obligations of the borrower. &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;Unsecured Loans are expected to have greater price volatility than Senior Loans, Second Lien Loans and subordinated secured &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;Loans and may be less liquid.&lt;/span&gt;&lt;/div&gt; </cef:RiskTextBlock>
    <cef:RiskTextBlock
      contextRef="I20210920_LoansAndLoanParticipationsAndAssignmentsRiskMember"
      id="t_21_00ec91e3_48cf_6f7f_9724_2105a577214d"> &lt;div style="line-height: 12.02pt; margin-top: 10.00pt; text-align: left;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-weight: bold;"&gt;Loans and Loan Participations and Assignments Risk&lt;/span&gt;&lt;/div&gt;  &lt;div style="line-height: 12.02pt; margin-top: 10.00pt; text-align: left;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;"&gt;The Fund may invest in loans directly or through participations or assignments. The Fund may purchase Loans on a &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;direct assignment basis from a participant in the original syndicate of lenders or from subsequent assignees of such interests. &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;The Fund may also purchase, without limitation, participations in Loans. &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;The purchaser of an assignment typically succeeds to &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;all the rights and obligations of the assigning institution and becomes a lender under the credit agreement with respect to the &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;debt obligation; however, the purchaser&#x2019;s rights can be more restricted than those of the assigning institution, and, in any event, &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;the Fund may not be able to unilaterally enforce all rights and remedies under the loan and with regard to any associated &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;collateral. A participation typically results in a contractual relationship only with the institution participating out the interest, not &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;with the borrower. In purchasing participations, the Fund generally will have no right to enforce compliance by the borrower &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;with the terms of the loan agreement against the borrower, and the Fund may not directly benefit from the collateral supporting &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;the debt obligation in which it has purchased the participation. As a result, the Fund will be exposed to the credit risk of both the &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;borrower and the institution selling the participation. Further, in purchasing participations in lending syndicates, the Fund may &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;not be able to conduct the same due diligence on the borrower with respect to a Senior Loan that the Fund would otherwise &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;conduct. In addition, as a holder of the participations, the Fund may not have voting rights or inspection rights that the Fund &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;would otherwise have if it were investing directly in the Senior Loan, which may result in the Fund being exposed to greater &lt;/span&gt;&lt;/div&gt;  &lt;div style="line-height: 12.02pt; text-align: left;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;credit or fraud risk with respect to the borrower or the Senior Loan. Lenders selling a participation and other persons &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;interpositioned between the lender and the Fund with respect to a participation will likely conduct their principal business &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;activities in the banking, finance and financial services industries. Because the Fund may invest in participations, the Fund may &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;be more susceptible to economic, political or regulatory occurrences affecting such industries.&lt;/span&gt;&lt;/div&gt;  &lt;div style="line-height: 12.02pt; margin-top: 9.80pt; text-align: left;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;"&gt;Loans are especially vulnerable to the financial health, or perceived financial health, of the borrower but are also &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;particularly susceptible to economic and market sentiment such that changes in these conditions or the occurrence of other &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;economic or market events may reduce the demand for loans and cause their value to decline rapidly and unpredictably. Many &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;loans and loan interests are subject to legal or contractual restrictions on transfer, resale or assignment that may limit the ability &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;of the Fund to sell its interest in a loan at an advantageous time or price. The resale, or secondary, market for loans is currently &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;growing, but may become more limited or more difficult to access, and such changes may be sudden and unpredictable. &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;Transactions in loans are often subject to long settlement periods (in excess of the standard T+2 days settlement cycle for most &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;securities and often longer than seven days). As a result, sale proceeds potentially will not be available to the Fund to make &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;additional investments or to use proceeds to meet its current obligations. The Fund thus is subject to the risk of selling other &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;investments at disadvantageous times or prices or taking other actions necessary to raise cash to meet its obligations such as &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;borrowing from a bank or holding additional cash, particularly during periods of unusual market or economic conditions or &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;financial stress.&lt;/span&gt;&lt;/div&gt;  &lt;div style="line-height: 12.02pt; margin-top: 9.90pt; text-align: left;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;"&gt;The Fund invests in or is exposed to loans and other similar debt obligations that are sometimes referred to as &#x201c;covenant-lite&#x201d;&lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt; loans or obligations (&#x201c;covenant-lite obligations&#x201d;), which are generally subject to more risk than investments that contain &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;traditional financial maintenance covenants and financial reporting requirements. The Fund may have fewer rights with respect &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;to covenant-lite obligations, including fewer protections against the possibility of default and fewer remedies in the event of &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;default. As a result, investments in (or exposure to) covenant-lite obligations are subject to more risk than investments in (or &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;exposure to) certain other types of obligations.&lt;/span&gt;&lt;/div&gt;  &lt;div style="line-height: 12.02pt; margin-top: 9.90pt; text-align: left;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;"&gt;In certain circumstances, the Adviser or its affiliates (including on behalf of clients other than the Fund) or the Fund may &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;be in possession of material non-public information about a borrower as a result of its ownership of a loan and/or corporate debt &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;security of a borrower. Because U.S. laws and regulations generally prohibit trading in securities of issuers while in possession &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;of material, non-public information, the Fund might be unable (potentially for a substantial period of time) to trade securities or &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;other instruments issued by the borrower when it would otherwise be advantageous to do so and, as such, could incur a loss. In &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;circumstances when the Adviser or the Fund determines to avoid or to not receive non-public information about a borrower for &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;loan investments being considered for acquisition by the Fund or held by the Fund, the Fund may be disadvantaged relative to &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;other investors that do receive such information, and the Fund may not be able to take advantage of other investment &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;opportunities that it may otherwise have. The Adviser or its affiliates may participate in the primary and secondary market for &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;loans or other transactions with possible borrowers. As a result, the Fund may be legally restricted from acquiring some loans &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;and from participating in a restructuring of a loan or other similar instrument. Further, if the Fund, in combination with other &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;accounts managed by the Adviser or its affiliates, acquires a large portion of a loan, the Fund&#x2019;s valuation of its interests in the &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;loan and the Fund&#x2019;s ability to dispose of the loan at favorable times or prices may be adversely affected.&lt;/span&gt;&lt;/div&gt;  &lt;div style="line-height: 12.02pt; margin-top: 9.90pt; text-align: left;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;"&gt;The Fund is subject to other risks associated with investments in (or exposure to) loans and other similar obligations, &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;including that such loans or obligations may not be considered &#x201c;securities&#x201d; and, as a result, the Fund may not be entitled to rely &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;on the anti-fraud protections under the federal securities laws and instead may have to resort to state law and direct claims.&lt;/span&gt;&lt;/div&gt;  &lt;div style="line-height: 12.02pt; margin-top: 9.90pt; text-align: left;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-style: italic; margin-left: 29pt;"&gt;Unfunded Commitments Risk&lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;. Certain of the loan participations or assignments acquired by the Fund may involve &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;unfunded commitments of the lenders, revolving credit facilities, delayed draw credit facilities or other investments under which &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;a borrower may from time to time borrow and repay amounts up to the maximum amount of the facility. In such cases, the Fund &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;would have an obligation to advance its portion of such additional borrowings upon the terms specified in the loan &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;documentation. Such an obligation may have the effect of requiring the Fund to increase its investment in a company at a time &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;when it might not be desirable to do so (including at a time when the company&#x2019;s financial condition makes it unlikely that such &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;amounts will be repaid). These commitments are generally subject to the borrowers meeting certain criteria such as compliance &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;with covenants and certain operational metrics. The terms of the borrowings and financings subject to commitment are &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;comparable to the terms of other loans and related investments in the Fund&#x2019;s portfolio.&lt;/span&gt;&lt;/div&gt; </cef:RiskTextBlock>
    <cef:RiskTextBlock
      contextRef="I20210920_MezzanineInvestmentsRiskMember"
      id="t_22_cd92f1b2_d0cc_6581_1b56_94f43dc9f425"> &lt;div style="line-height: 12.02pt; margin-top: 9.90pt; text-align: left;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-weight: bold;"&gt;Mezzanine Investments Risk&lt;/span&gt;&lt;/div&gt;  &lt;div style="line-height: 12.02pt; margin-top: 9.90pt; text-align: left;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;"&gt;The Fund may invest in certain lower grade securities known as &#x201c;Mezzanine Investments,&#x201d; which are subordinated debt &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;securities that are generally issued in private placements in connection with an equity security (&lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-style: italic;"&gt;e.g.&lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;, with attached warrants) or &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;may be convertible into equity securities. &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;Mezzanine Investments are subject to the same risks associated with investment in &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;Senior Loans, Second Lien Loans and other lower grade Income Securities. However, Mezzanine Investments may rank lower in &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;right of payment than any outstanding Senior Loans and Second Lien Loans of the borrower, or may be unsecured (i.e., not &lt;/span&gt;&lt;/div&gt;  &lt;div style="line-height: 12.02pt; text-align: left;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;backed by a security interest in any specific collateral), and are subject to the additional risk that the cash flow of the borrower &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;and available assets may be insufficient to meet scheduled payments after giving effect to any higher ranking obligations of the &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;borrower. Mezzanine Investments are expected to have greater price volatility and exposure to losses upon default than Senior &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;Loans and Second Lien Loans and may be less liquid.&lt;/span&gt;&lt;/div&gt; </cef:RiskTextBlock>
    <cef:RiskTextBlock
      contextRef="I20210920_DistressedAndDefaultedSecuritiesRiskMember"
      id="t_23_e7c05098_e483_e02c_190e_cea240a40904"> &lt;div style="line-height: 12.02pt; margin-top: 10.00pt; text-align: left;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-weight: bold;"&gt;Distressed and Defaulted Securities Risk&lt;/span&gt;&lt;/div&gt;  &lt;div style="line-height: 12.02pt; margin-top: 10.00pt; text-align: left;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;"&gt;Investments in the securities of financially distressed issuers involve substantial risks. These securities may present a &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;substantial risk of default or may be in default at the time of investment. The Fund may incur additional expenses to the extent it &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;is required to seek recovery upon a default in the payment of principal or interest on its portfolio holdings. &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;In any reorganization &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;or liquidation proceeding relating to a portfolio company, the Fund may lose its entire investment or may be required to accept &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;cash or securities with a value less than its original investment. Among the risks inherent in investments in a troubled entity is &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;the fact that it frequently may be difficult to obtain information as to the true financial condition of such issuer. The Adviser&#x2019;s &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;judgment about the credit quality of the issuer and the relative value and liquidity of its securities may prove to be wrong.&lt;/span&gt;&lt;/div&gt; </cef:RiskTextBlock>
    <cef:RiskTextBlock
      contextRef="I20210920_ConvertibleSecuritiesRiskMember"
      id="t_24_81290050_9404_75cd_6015_3a020e8fd3fa"> &lt;div style="line-height: 12.02pt; margin-top: 10.00pt; text-align: left;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-weight: bold;"&gt;Convertible Securities Risk&lt;/span&gt;&lt;/div&gt;  &lt;div style="line-height: 12.02pt; margin-top: 10.00pt; text-align: left;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;"&gt;Convertible securities, debt or preferred equity securities convertible into, or exchangeable for, equity securities, are &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;generally preferred stocks and other securities, including fixed-income securities and warrants that are convertible into or &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;exercisable for common stock. &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;Convertible securities generally participate in the appreciation or depreciation of the underlying &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;stock into which they are convertible, but to a lesser degree and are subject to the risks associated with debt and equity &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;securities, including interest rate, market and issuer risks. For example, if market interest rates rise, the value of a convertible &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;security usually falls. Certain convertible securities may combine higher or lower current income with options and other &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;features. Warrants are options to buy a stated number of shares of common stock at a specified price anytime during the life of &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;the warrants (generally, two or more years). Convertible securities may be lower-rated securities subject to greater levels of &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;credit risk. A convertible security may be converted before it would otherwise be most appropriate, which may have an adverse &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;effect on the Fund&#x2019;s ability to achieve its investment objective.&lt;/span&gt;&lt;/div&gt;  &lt;div style="line-height: 12.02pt; margin-top: 10.00pt; text-align: left;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;"&gt;&#x201c;Synthetic&#x201d; convertible securities are selected based on the similarity of their economic characteristics to those of a &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;traditional convertible security due to the combination of separate securities that possess the two principal characteristics of a &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;traditional convertible security, i.e., an income-producing security (&#x201c;income-producing component&#x201d;) and the right to acquire an &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;equity security (&#x201c;convertible component&#x201d;). The income-producing component is achieved by investing in non-convertible, &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;income-producing securities such as bonds, preferred stocks and money market instruments, which may be represented by &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;derivative instruments.&lt;/span&gt;&lt;/div&gt;  &lt;div style="line-height: 12.02pt; margin-top: 10.00pt; text-align: left;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;"&gt;The convertible component is achieved by investing in securities or instruments such as warrants or options to buy &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;common stock at a certain exercise price, or options on a stock index. A simple example of a synthetic convertible security is the &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;combination of a traditional corporate bond with a warrant to purchase equity securities of the issuer of the bond. The income-producing&lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt; and convertible components of a synthetic convertible security may be issued separately by different issuers and at &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;different times.&lt;/span&gt;&lt;/div&gt; </cef:RiskTextBlock>
    <cef:RiskTextBlock
      contextRef="I20210920_PreferredStockRiskMember"
      id="t_25_770062a2_47b1_75a8_967e_be6b1ec7bdc9"> &lt;div style="line-height: 12.02pt; margin-top: 10.00pt; text-align: left;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-weight: bold;"&gt;Preferred Stock Risk&lt;/span&gt;&lt;/div&gt;  &lt;div style="line-height: 12.02pt; margin-top: 10.00pt; text-align: left;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;"&gt;The Fund may invest in preferred stock, which represents the senior residual interest in the assets of an issuer after &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;meeting all claims, with priority to corporate income and liquidation payments over the issuer&#x2019;s common stock. As such, &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;preferred stock is inherently more risky than the bonds and other debt instruments of the issuer, but less risky than its common &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;stock. &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;Preferred stocks may pay fixed or adjustable rates of return. Preferred stock is subject to issuer-specific and market risks &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;applicable generally to equity securities. Certain preferred stocks contain provisions that allow an issuer under certain conditions &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;to skip (in the case of &#x201c;non-cumulative&#x201d; preferred stocks) or defer (in the case of &#x201c;cumulative&#x201d; preferred stocks) dividend &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;payments. Preferred stocks often contain provisions that allow for redemption in the event of certain tax or legal changes or at &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;the issuer&#x2019;s call.&lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; line-height: 12.02pt;"&gt; &lt;/span&gt;&lt;/div&gt;  &lt;div style="line-height: 12.02pt; margin-top: 10.00pt; text-align: left;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;"&gt;Preferred stocks typically do not provide any voting rights, except in cases when dividends are in arrears beyond a certain &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;time period. There is no assurance that dividends on preferred stocks in which the Fund invests will be declared or otherwise &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;made payable. If the Fund owns preferred stock that is deferring its distributions, the Fund may be required to report income for &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;U.S. federal income tax purposes while it is not receiving cash payments corresponding to such income. When interest rates fall &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;below the rate payable on an issue of preferred stock or for other reasons, the issuer may redeem the preferred stock, generally &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;after an initial period of call protection in which the stock is not redeemable.&lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; line-height: 12.02pt;"&gt; &lt;/span&gt;&lt;/div&gt;  &lt;div style="line-height: 12.02pt; margin-top: 10.00pt; text-align: left;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;"&gt;Preferred stocks may be significantly less liquid than many other securities, such as U.S. Government securities, &lt;/span&gt;&lt;/div&gt;  &lt;div style="line-height: 12.02pt; text-align: left;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;corporate debt and common stock. Preferred stock has properties of both an equity and a debt instrument and is generally &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;considered a hybrid instrument.&lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; line-height: 12.02pt;"&gt; &lt;/span&gt;&lt;/div&gt; </cef:RiskTextBlock>
    <cef:RiskTextBlock
      contextRef="I20210920_ForeignSecuritiesRiskMember"
      id="t_26_c130dfc2_e25c_d7c9_4974_618356b57958"> &lt;div style="line-height: 12.02pt; margin-top: 9.80pt; text-align: left;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-weight: bold;"&gt;Foreign Securities Risk&lt;/span&gt;&lt;/div&gt;  &lt;div style="line-height: 12.02pt; margin-top: 9.80pt; text-align: left;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;"&gt;The Fund may invest up to 20% of its total assets in non-U.S. dollar denominated Income Securities of foreign issuers. &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;Investing in foreign issuers may involve certain risks not typically associated with investing in securities of U.S. issuers due to &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;increased exposure to foreign economic, &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;political and legal developments, including favorable or unfavorable changes in &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;currency exchange rates, exchange control regulations (including currency blockage), expropriation or nationalization of assets, &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;imposition of withholding taxes on payments, and possible difficulty in obtaining and enforcing judgments against foreign &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;entities. Furthermore, issuers of foreign securities and obligations are subject to different, often less comprehensive, accounting, &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;reporting and disclosure requirements than domestic issuers. The securities and obligations of some foreign companies and &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;foreign markets are less liquid and at times more volatile than comparable U.S. securities, obligations and markets. In addition, &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;such investments are subject to other adverse diplomatic investments, which may include the imposition of economic or trade &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;sanctions or other measures by the U.S. or other governments and supranational organizations or changes in trade policies. These &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;developments may, among other things, limit the ability of the Fund to invest in certain securities or require the disposition of an &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;investment. These risks may be more pronounced to the extent that the Fund invests a significant amount of its assets in &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;companies located in one region and to the extent that the Fund invests in securities of issuers in emerging markets. The Fund &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;may also invest in U.S. dollar- denominated Income Securities of foreign issuers, which are subject to many of the risks &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;described above regarding Income Securities of foreign issuers denominated in foreign currencies. These risks are heightened &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;under the current conditions.&lt;/span&gt;&lt;/div&gt;  &lt;div style="line-height: 12.02pt; margin-top: 9.80pt; text-align: left;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;"&gt;There may be less publicly available information about a foreign company than a U.S. company. Foreign securities &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;markets may have substantially less volume than U.S. securities markets and some foreign company securities are less liquid &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;than securities of otherwise comparable U.S. companies. Foreign markets also have different clearance and settlement &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;procedures that could cause the Fund to encounter difficulties in purchasing and selling securities on such markets and may &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;result in the Fund missing attractive investment opportunities or experiencing a loss. In addition, a portfolio that includes foreign &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;securities can expect to have a higher expense ratio because of the increased transaction costs on non-U.S. securities markets and &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;the increased costs of maintaining the custody of foreign securities.&lt;/span&gt;&lt;/div&gt;  &lt;div style="line-height: 12.02pt; margin-top: 9.80pt; text-align: left;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;"&gt;ADRs are receipts issued by United States banks or trust companies in respect of securities of foreign issuers held on &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;deposit for use in the United States securities markets. While ADRs may not necessarily be denominated in the same currency as &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;the securities into which they may be converted, many of the risks associated with foreign securities may also apply to ADRs. In &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;addition, the underlying issuers of certain depositary receipts, particularly unsponsored or unregistered depositary receipts, are &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;under no obligation to distribute shareholder communications to the holders of such receipts, or to pass through to them any &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;voting rights with respect to the deposited securities.&lt;/span&gt;&lt;/div&gt; </cef:RiskTextBlock>
    <cef:RiskTextBlock
      contextRef="I20210920_EmergingMarketsRiskMember"
      id="t_27_3379d418_8b33_1dfd_6eb9_87cf4bb503e6"> &lt;div style="line-height: 12.02pt; margin-top: 9.90pt; text-align: left;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-weight: bold;"&gt;Emerging Markets Risk&lt;/span&gt;&lt;/div&gt;  &lt;div style="line-height: 12.02pt; margin-top: 9.90pt; text-align: left;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;"&gt;The Fund may invest up to 10% of its total assets in Income Securities the issuers of which are located in countries &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;considered to be emerging markets. Investing in securities in emerging countries generally entails greater risks than investing in &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;securities in developed countries. Securities issued by governments or issuers in emerging market countries are more likely to &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;have greater exposure to the risks of investing in foreign securities.&lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt; These risks are elevated under current conditions and &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;include: (i) less social, political and economic stability and potentially more volatile currency exchange rates; (ii) the small &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;current size of the markets for such securities, limited access to investments in the event of market closures (including due to &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;local holidays), and the currently low or nonexistent volume of trading, which result in a lack of liquidity, in greater price &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;volatility, and/or a higher risk of failed trades or other trading issues; (iii) certain national policies which may restrict the Fund&#x2019;s &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;investment opportunities, including restrictions on investment in issuers or industries deemed sensitive to national interests, and &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;trade barriers; (iv) foreign taxation; (v) the absence of developed legal systems, including structures governing private or foreign &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;investment or allowing for judicial redress (such as limits on rights and remedies available to the Fund) for investment losses and &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;injury to private property; (vi) lower levels of government regulation, which could lead to market manipulation, and less &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;extensive and transparent accounting, auditing, recordkeeping, financial reporting and other requirements which limit the &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;quality and availability of financial information; (vii) high rates of inflation for prolonged periods and rapid interest rate &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;changes; (viii) dependence on a few key trading partners and sensitivity to adverse political or social events affecting the region &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;where an emerging market is located compared to developed market securities; and (ix) particular sensitivity to global economic &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;conditions, including adverse effects stemming from recessions, depressions or other economic crises, or reliance on &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;international or other forms of aid, including trade, taxation and development policies. Furthermore, foreign investors may be &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;required to register the proceeds of sales and future economic or political crises could lead to price controls, forced mergers, &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;expropriation or confiscatory taxation, seizure, nationalization or creation of government monopolies. The currencies of &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;emerging market countries may experience significant declines against the U.S. dollar, and devaluation may occur subsequent to &lt;/span&gt;&lt;/div&gt;  &lt;div style="line-height: 12.02pt; text-align: left;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;investments in these currencies by the Fund. Inflation and rapid fluctuations in inflation rates have had, and may continue to &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;have, negative effects on the economies and securities markets of certain emerging market countries. Sovereign debt of emerging &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;countries may be in default or present a greater risk of default, the risk of which is heightened given the current conditions. &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;These risks are heightened for investments in frontier markets.&lt;/span&gt;&lt;/div&gt;  &lt;div style="line-height: 12.02pt; margin-top: 10.20pt; text-align: left;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;"&gt;The Sub-Adviser has broad discretion to identify countries that it considers to qualify as &#x201c;emerging markets.&#x201d; In &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;determining whether a country is an emerging market, the Sub-Adviser may take into account specific or general factors that the &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;Sub-Adviser deems to be relevant, including interest rates, inflation rates, exchange rates, monetary and fiscal policies, trade &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;and current account balances and/or legal, social and political developments, as well as whether the country is considered to be &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;emerging or developing by supranational organizations such as the World Bank, the United Nations or other similar entities. &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;Emerging market countries generally will include countries with low gross national product per capita and the potential for rapid &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;economic growth and are likely to be located in Africa, Asia, the Middle East, Eastern and Central Europe and Central and &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;South America. In addition, the impact of the economic and public health crisis in emerging market countries may be greater &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;due to their generally less established healthcare systems and capabilities with respect to fiscal and monetary policies, which &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;may exacerbate other pre-existing political, social and economic risks.&lt;/span&gt;&lt;/div&gt; </cef:RiskTextBlock>
    <cef:RiskTextBlock
      contextRef="I20210920_ForeignCurrencyRiskMember"
      id="t_28_22d5b4ee_8de9_192c_65c5_7663eceb9fab"> &lt;div style="line-height: 12.02pt; margin-top: 10.10pt; text-align: left;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-weight: bold;"&gt;Foreign Currency Risk&lt;/span&gt;&lt;/div&gt;  &lt;div style="line-height: 12.02pt; margin-top: 10.09pt; text-align: left;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;"&gt;The value of securities denominated or quoted in foreign currencies may be adversely affected by fluctuations in the &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;relative currency exchange rates and by exchange control regulations. The Fund&#x2019;s investment performance may be negatively &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;affected by a devaluation of a currency in which the Fund&#x2019;s investments are denominated or quoted. &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;Further, the Fund&#x2019;s &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;investment performance may be significantly affected, either positively or negatively, by currency exchange rates because the &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;U.S. dollar value of securities denominated or quoted in another currency will increase or decrease in response to changes in the &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;value of such currency in relation to the U.S. dollar. Finally, the Fund&#x2019;s distributions are paid in U.S. dollars, and to the extent the &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;Fund&#x2019;s assets are denominated in currencies other than the U.S. dollar, there is a risk that the value of any distribution from such &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;assets may decrease if the currency in which such assets or distributions are denominated falls in relation to the value of the U.S. &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;dollar. The Fund currently intends to seek to hedge its exposures to foreign currencies but may, at the discretion of the &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;Investment Adviser, at any time limit or eliminate foreign currency hedging activity. To the extent the Fund does not hedge (or is &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;unsuccessful in seeking to hedge) its foreign currency risk, the value of the Fund&#x2019;s assets and income could be adversely affected &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;by currency exchange rate movements.&lt;/span&gt;&lt;/div&gt; </cef:RiskTextBlock>
    <cef:RiskTextBlock
      contextRef="I20210920_SovereignDebtRiskMember"
      id="t_29_37e9f940_cf9e_f19e_d9ae_56b7a061611e"> &lt;div style="line-height: 12.02pt; margin-top: 10.10pt; text-align: left;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-weight: bold;"&gt;Sovereign Debt Risk&lt;/span&gt;&lt;/div&gt;  &lt;div style="line-height: 12.02pt; margin-top: 10.10pt; text-align: left;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;"&gt;Investments in sovereign debt securities, such as foreign government debt or foreign treasury bills, involve special risks, &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;including the availability of sufficient foreign exchange on the date a payment is due, the relative size of the debt service burden &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;to the economy as a whole, the government debtor's policy towards the International Monetary Fund or international lenders, the &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;political constraints to which the debtor may be subject and other political considerations. &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;Periods of economic and political &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;uncertainty may result in the illiquidity and increased price volatility of sovereign debt securities held by the Fund. The &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;governmental authority that controls the repayment of sovereign debt may be unwilling or unable to repay the principal and/or &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;interest when due in accordance with the terms of such securities due to the extent of its foreign reserves. If an issuer of &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;sovereign debt defaults on payments of principal and/or interest, the Fund may have limited or no legal recourse against the &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;issuer and/or guarantor. In certain cases, remedies must be pursued in the courts of the defaulting party itself. For example, there &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;may be no bankruptcy or similar proceedings through which all or part of the sovereign debt that a governmental entity has not &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;repaid may be collected. There can be no assurance that the holders of commercial bank loans to the same sovereign entity may &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;not contest payments to the holders of sovereign debt in the event of default under commercial bank loan agreements.&lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; line-height: 12.02pt;"&gt; &lt;/span&gt;&lt;/div&gt;  &lt;div style="line-height: 12.02pt; margin-top: 10.10pt; text-align: left;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;"&gt;Certain issuers of sovereign debt may be dependent on disbursements from foreign governments, multilateral agencies &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;and others abroad to reduce principal and interest arrearages on their debt. Such disbursements may be conditioned upon a &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;debtor&#x2019;s implementation of economic reforms and/or economic performance and the timely service of such debtor&#x2019;s obligations. &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;A failure on the part of the debtor to implement such reforms, achieve such levels of economic performance or repay principal &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;or interest when due may result in the cancellation of such third parties&#x2019; commitments to lend funds to the debtor, which may &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;impair the debtor&#x2019;s ability to service its debts on a timely basis. Foreign investment in certain sovereign debt is restricted or &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;controlled to varying degrees, including requiring governmental approval for the repatriation of income, capital or proceeds of &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;sales by foreign investors. These restrictions or controls may at times limit or preclude foreign investment in certain sovereign &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;debt and increase the costs and expenses of the Fund.&lt;/span&gt;&lt;/div&gt;  &lt;div style="line-height: 12.02pt; margin-top: 10.10pt; text-align: left;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;"&gt;As a holder of sovereign debt, the Fund may be requested to participate in the restructuring of such sovereign &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;indebtedness, including the rescheduling of payments and the extension of further loans to debtors, which may adversely affect &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;the Fund. There can be no assurance that such restructuring will result in the repayment of all or part of the debt. Sovereign debt &lt;/span&gt;&lt;/div&gt;  &lt;div style="line-height: 12.02pt; text-align: left;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;risk is increased for emerging market issuers and certain emerging market countries have declared moratoria on the payment of &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;principal and interest on external debt. Certain emerging market countries have experienced difficulty in servicing their &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;sovereign debt on a timely basis, which has led to defaults and the restructuring of certain indebtedness.&lt;/span&gt;&lt;/div&gt; </cef:RiskTextBlock>
    <cef:RiskTextBlock
      contextRef="I20210920_UKDepartureFromEUBrexitRiskMember"
      id="t_62_ecc7e0d1_c779_ba69_9105_9ecdd8cd0e1c"> &lt;div style="line-height: 12.02pt; margin-top: 9.80pt; text-align: left;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-weight: bold;"&gt;UK Departure from EU (&#x201c;Brexit&#x201d;) Risk&lt;/span&gt;&lt;/div&gt;  &lt;div style="line-height: 12.02pt; margin-top: 9.80pt; text-align: left;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;"&gt;On January 31, 2020, the United Kingdom officially withdrew from the European Union (&#x201c;EU&#x201d;) and the two sides &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;entered into a transition phase, scheduled to conclude on December 31, 2020, where the United Kingdom effectively remains in &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;the EU from an economic perspective, but no longer has any political representation in the EU parliament. &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;During this transition &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;phase, which could be extended beyond December of 2020, the United Kingdom is expected to negotiate a new trade deal with &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;the EU. Due to political uncertainty, it is not possible to anticipate whether the United Kingdom and the EU will be able to agree &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;and implement a new trade agreement or what the nature of such trade arrangement will be. Throughout the withdrawal process &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;and afterward, the impact on the United Kingdom and Economic and Monetary Union and the broader global economy is &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;unknown but could be significant and could result in increased volatility and illiquidity and potentially lower economic growth. &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;The political divisions surrounding Brexit within the United Kingdom, as well as those between the UK and the EU, may also &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;have a destabilizing impact on the economy and currency of the United Kingdom and the EU. Any further exits from member &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;states of the EU, or the possibility of such exits, would likely cause additional market disruption globally and introduce new &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;legal and regulatory uncertainties.&lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; line-height: 12.02pt;"&gt; &lt;/span&gt;&lt;/div&gt;  &lt;div style="line-height: 12.02pt; margin-top: 9.90pt; text-align: left;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;"&gt;In addition to the effects on the Fund&#x2019;s investments in European issuers, the unavoidable uncertainties and events related &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;to Brexit could negatively affect the value and liquidity of the Fund&#x2019;s other investments, increase taxes and costs of business and &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;cause volatility in currency exchange rates and interest rates. Brexit could adversely affect the performance of contracts in &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;existence at the date of Brexit and European, UK or worldwide political, regulatory, economic or market conditions and could &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;contribute to instability in political institutions, regulatory agencies and financial markets. Brexit could also lead to legal &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;uncertainty and politically divergent national laws and regulations as a new relationship between the UK and EU is defined and &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;as the UK determines which EU laws to replace or replicate. In addition, Brexit could lead to further disintegration of the EU &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;and related political stresses (including those related to sentiment against cross border capital movements and activities of &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;investors like the Fund), prejudice to financial services businesses that are conducting business in the EU and which are based in &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;the UK, legal uncertainty regarding achievement of compliance with applicable financial and commercial laws and regulations &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;in view of the expected steps to be taken pursuant to or in contemplation of Brexit. Any of these effects of Brexit, and others that &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;cannot be anticipated, could adversely affect the Fund&#x2019;s business, results of operations and financial condition.&lt;/span&gt;&lt;/div&gt; </cef:RiskTextBlock>
    <cef:RiskTextBlock
      contextRef="I20210920_RedenominationRiskMember"
      id="t_31_a369b3c5_09a0_bf8e_feac_7ac736a36c6f"> &lt;div style="line-height: 12.02pt; margin-top: 9.90pt; text-align: left;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-weight: bold;"&gt;Redenomination Risk&lt;/span&gt;&lt;/div&gt;  &lt;div style="line-height: 12.02pt; margin-top: 9.90pt; text-align: left;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;"&gt;The result of Brexit, the progression of the European debt crisis and the possibility of one or more Eurozone countries &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;exiting the European Monetary Union (&#x201c;EMU&#x201d;), or even the collapse of the euro as a common currency, has created significant &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;volatility in currency and financial markets generally. &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;The effects of the collapse of the euro, or of the exit of one or more &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;countries from the EMU, on the U.S. and global economies and securities markets are impossible to predict and any such events &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;could have a significant adverse impact on the value and risk profile of the Fund&#x2019;s portfolio. Any partial or complete dissolution &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;of the EMU could have significant adverse effects on currency and financial markets, and on the values of the Fund&#x2019;s portfolio &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;investments. If one or more EMU countries were to stop using the euro as its primary currency, the Fund&#x2019;s investments in such &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;countries may be redenominated into a different or newly adopted currency. As a result, the value of those investments could &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;decline significantly and unpredictably. In addition, securities or other investments that are redenominated may be subject to &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;foreign currency risk, liquidity risk and valuation risk to a greater extent than similar investments currently denominated in &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;euros. To the extent a currency used for redenomination purposes is not specified in respect of certain EMU-related investments, &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;or should the euro cease to be used entirely, the currency in which such investments are denominated may be unclear, making &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;such investments particularly difficult to value or dispose of. The Fund may incur additional expenses to the extent it is required &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;to seek judicial or other clarification of the denomination or value of such securities.&lt;/span&gt;&lt;/div&gt; </cef:RiskTextBlock>
    <cef:RiskTextBlock
      contextRef="I20210920_CommonEquitySecuritiesRiskMember"
      id="t_32_bcd9f059_f874_1ece_dac0_23dc24feb71e"> &lt;div style="line-height: 12.02pt; margin-top: 9.90pt; text-align: left;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-weight: bold;"&gt;Common Equity Securities Risk&lt;/span&gt;&lt;/div&gt;  &lt;div style="line-height: 12.02pt; margin-top: 9.90pt; text-align: left;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;"&gt;The Fund may invest up to 50% of its total assets in Common Equity Securities. An adverse event, such as an &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;unfavorable earnings report, may depress the value of a particular common stock held by the Fund. &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;Also, the prices of equity &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;securities are sensitive to general movements in the stock market, so a drop in the stock market may depress the prices of equity &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;securities to which the Fund has exposure. Common Equity Securities&#x2019; prices fluctuate for a number of reasons, including &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;changes in investors&#x2019; perceptions of the financial condition of an issuer, the general condition of the relevant stock market, and &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;broader domestic and international political and economic events. The prices of Common Equity Securities may also decline due &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;to factors which affect a particular industry or industries, such as labor shortages or increased production costs and competitive &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;conditions within an industry. The value of a particular common stock held by the Fund may decline for a number of other &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;reasons which directly relate to the issuer, such as management performance, financial leverage, the issuer&#x2019;s historical and &lt;/span&gt;&lt;/div&gt;  &lt;div style="line-height: 12.02pt; text-align: left;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;prospective earnings, the value of its assets and reduced demand for its goods and services. In addition, common stock prices &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;may be particularly sensitive to rising interest rates, as the cost of capital rises and borrowing costs increase. The prices of &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;Common Equity Securities are also sensitive to general movements in the stock market, so a drop in the stock market may &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;depress the prices of Common Equity Securities to which the Fund has exposure. At times, stock markets can be volatile and &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;stock prices can change substantially and suddenly. While broad market measures of Common Equity Securities have &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;historically generated higher average returns than Income Securities, Common Equity Securities have also experienced &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;significantly more volatility in those returns. Common Equity Securities in which the Fund may invest are structurally &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;subordinated to preferred stock, bonds and other debt instruments in a company&#x2019;s capital structure in terms of priority to &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;corporate income and are therefore inherently more risky than preferred stock or debt instruments of such issuers. Dividends on &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;Common Equity Securities which the Fund may hold are not fixed but are declared at the discretion of the issuer&#x2019;s board of &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;directors. There is no guarantee that the issuers of the Common Equity Securities in which the Fund invests will declare &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;dividends in the future or that, if declared, they will remain at current levels or increase over time. Equity securities have &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;experienced heightened volatility over recent periods and, therefore, the Fund's investments in equity securities are subject to &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;heightened risks related to volatility during the current environment and would likely also be subject to such risks in similar &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;market, economic and public health conditions in the future.&lt;/span&gt;&lt;/div&gt; </cef:RiskTextBlock>
    <cef:RiskTextBlock
      contextRef="I20210920_RisksAssociatedWithTheFundsCoveredCallOptionStrategyAndPutOptionsMember"
      id="t_33_f95431ad_1882_f327_4c31_fe540b55ccc8"> &lt;div style="line-height: 12.02pt; margin-top: 9.60pt; text-align: left;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-weight: bold;"&gt;Risks Associated with the Fund&#x2019;s Covered Call Option Strategy and Put Options&lt;/span&gt;&lt;/div&gt;  &lt;div style="line-height: 12.02pt; margin-top: 9.60pt; text-align: left;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;"&gt;The ability of the Fund to achieve its investment objective is partially dependent on the successful implementation of its &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;covered call option strategy. &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;There are significant differences between the securities and options markets that could result in an &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;imperfect correlation between these markets, causing a given transaction not to achieve its objectives. A decision as to whether, &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;when and how to use options involves the exercise of skill and judgment, and even a well-conceived transaction may be &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;unsuccessful to some degree because of market behavior or unexpected events.&lt;/span&gt;&lt;/div&gt;  &lt;div style="line-height: 12.02pt; margin-top: 9.61pt; text-align: left;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;"&gt;The Fund may write call options on individual securities, securities indices, exchange-traded funds (&#x201c;ETFs&#x201d;) and baskets &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;of securities. The buyer of an option acquires the right, but not the obligation, to buy (a call option) or sell (a put option) a &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;certain quantity of a security (the underlying security) or instrument, including a futures contract or swap, at a certain price up to &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;a specified point in time or on expiration, depending on the terms. The seller or writer of an option is obligated to sell (a call &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;option) or buy (a put option) the underlying instrument. A call option is &#x201c;covered&#x201d; if the Fund owns the security or instrument &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;underlying the call or has an absolute right to acquire the security or instrument without additional cash consideration (or, if &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;additional cash consideration is required under current regulatory requirements, cash or cash equivalents in such amount are &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;segregated by the Fund&#x2019;s custodian or earmarked on the Fund&#x2019;s books and records). As a seller of covered call options, the Fund &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;faces the risk that it will forgo the opportunity to profit from increases in the market value of the security or instrument covering &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;the call option during an option&#x2019;s life. As the Fund writes covered calls over more of its portfolio, its ability to benefit from &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;capital appreciation becomes more limited. For certain types of options, the writer of the option will have no control over the &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;time when it may be required to fulfill its obligation under the option.&lt;/span&gt;&lt;/div&gt;  &lt;div style="line-height: 12.02pt; margin-top: 9.60pt; text-align: left;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;"&gt;There can be no assurance that a liquid market will exist if and when the Fund seeks to close out an option position. Once &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;an option writer has received an exercise notice, it cannot effect a closing purchase transaction in order to terminate its &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;obligation under the option and must deliver the underlying security or instrument at the exercise price.&lt;/span&gt;&lt;/div&gt;  &lt;div style="line-height: 12.02pt; margin-top: 9.60pt; text-align: left;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;"&gt;The Fund may also purchase and write exchange-listed and OTC options. Options written by the Fund with respect to &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;non-U.S. securities, indices or sectors and other instruments generally will be OTC options. OTC options differ from exchange-listed&lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt; options in several respects. They are transacted directly with the dealers and not with a clearing corporation, and therefore &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;entail the risk of non-performance by the dealer. OTC options are available for a greater variety of securities and for a wider &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;range of expiration dates and exercise prices than are available for exchange-traded options. Because OTC options are not traded &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;on an exchange, pricing is done normally by reference to information from a market maker. OTC options are subject to &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;heightened counterparty, credit, liquidity and valuation risks. The Fund&#x2019;s ability to terminate OTC options is more limited than &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;with exchange-traded options and may involve the risk that broker-dealers participating in such transactions will not fulfill their &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;obligations. The hours of trading for options may not conform to the hours during which the underlying securities are traded. &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;The Fund&#x2019;s options transactions will be subject to limitations established by each of the exchanges, boards of trade or other &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;trading facilities on which such options are traded.&lt;/span&gt;&lt;/div&gt;  &lt;div style="line-height: 12.02pt; margin-top: 9.70pt; text-align: left;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;"&gt;The Fund may also purchase and write covered put options. A put option is &#x201c;covered&#x201d; if the Fund segregates cash or cash &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;equivalents in an amount equal to the exercise price. As a seller of covered put options, the Fund bears the risk of loss if the &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;value of the underlying security or instrument declines below the exercise price minus the put premium. If the option is &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;exercised, the Fund could incur a loss if it is required to purchase the security or instrument underlying the put option at a price &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;greater than the market price of the security or instrument at the time of exercise plus the put premium the Fund received when it &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;wrote the option. The Fund&#x2019;s potential gain in writing a covered put option is limited to distributions earned on the liquid assets &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;securing the put option plus the premium received from the purchaser of the put option; however, the Fund risks a loss equal to &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;the entire exercise price of the option minus the put premium.&lt;/span&gt;&lt;/div&gt; </cef:RiskTextBlock>
    <cef:RiskTextBlock
      contextRef="I20210920_RisksOfRealPropertyAssetCompaniesMember"
      id="t_34_4fb4987d_3558_4e71_bedb_42d8f9d060b4"> &lt;div style="line-height: 12.02pt; margin-top: 10pt; text-align: left;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-weight: bold;"&gt;Risks of Real Property Asset Companies&lt;/span&gt;&lt;/div&gt;  &lt;div style="line-height: 12.02pt; margin-top: 9.90pt; text-align: left;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;"&gt;The Fund may invest in Income Securities and Common Equity Securities issued by Real Property Asset Companies.&lt;/span&gt;&lt;/div&gt;  &lt;div style="line-height: 12.02pt; margin-top: 9.90pt; text-align: left;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-style: italic; margin-left: 29pt;"&gt;Real Estate Risks&lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;. Because of the Fund&#x2019;s ability to make indirect investments in real estate and in the securities of &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;companies in the real estate industry, it is subject to risks associated with the direct ownership of real estate. These risks include:&lt;/span&gt;&lt;/div&gt;  &lt;div&gt; &lt;div style="clear: both; margin-top: 9.90pt; position: relative; width: 100%;"&gt; &lt;div style="float: left; line-height: 12.02pt; text-align: left; width: 3.51pt;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;&#x2022;&lt;/span&gt;&lt;/div&gt; &lt;div style="float: left; line-height: 12.02pt; margin-left: 25.49pt; text-align: left; width: 482.00pt;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;declines in the value of real estate;&lt;/span&gt;&lt;/div&gt; &lt;/div&gt; &lt;div style="clear: both; position: relative;"/&gt; &lt;/div&gt;  &lt;div&gt; &lt;div style="clear: both; margin-top: 9.90pt; position: relative; width: 100%;"&gt; &lt;div style="float: left; line-height: 12.02pt; text-align: left; width: 3.51pt;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;&#x2022;&lt;/span&gt;&lt;/div&gt; &lt;div style="float: left; line-height: 12.02pt; margin-left: 25.49pt; text-align: left; width: 482.00pt;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;general and local economic conditions;&lt;/span&gt;&lt;/div&gt; &lt;/div&gt; &lt;div style="clear: both; position: relative;"/&gt; &lt;/div&gt;  &lt;div&gt; &lt;div style="clear: both; margin-top: 9.90pt; position: relative; width: 100%;"&gt; &lt;div style="float: left; line-height: 12.02pt; text-align: left; width: 3.51pt;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;&#x2022;&lt;/span&gt;&lt;/div&gt; &lt;div style="float: left; line-height: 12.02pt; margin-left: 25.49pt; text-align: left; width: 482.00pt;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;unavailability of mortgage funds;&lt;/span&gt;&lt;/div&gt; &lt;/div&gt; &lt;div style="clear: both; position: relative;"/&gt; &lt;/div&gt;  &lt;div&gt; &lt;div style="clear: both; margin-top: 9.90pt; position: relative; width: 100%;"&gt; &lt;div style="float: left; line-height: 12.02pt; text-align: left; width: 3.51pt;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;&#x2022;&lt;/span&gt;&lt;/div&gt; &lt;div style="float: left; line-height: 12.02pt; margin-left: 25.49pt; text-align: left; width: 482.00pt;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;overbuilding;&lt;/span&gt;&lt;/div&gt; &lt;/div&gt; &lt;div style="clear: both; position: relative;"/&gt; &lt;/div&gt;  &lt;div&gt; &lt;div style="clear: both; margin-top: 9.90pt; position: relative; width: 100%;"&gt; &lt;div style="float: left; line-height: 12.02pt; text-align: left; width: 3.51pt;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;&#x2022;&lt;/span&gt;&lt;/div&gt; &lt;div style="float: left; line-height: 12.02pt; margin-left: 25.49pt; text-align: left; width: 482.00pt;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;extended vacancies of properties;&lt;/span&gt;&lt;/div&gt; &lt;/div&gt; &lt;div style="clear: both; position: relative;"/&gt; &lt;/div&gt;  &lt;div&gt; &lt;div style="clear: both; margin-top: 9.90pt; position: relative; width: 100%;"&gt; &lt;div style="float: left; line-height: 12.02pt; text-align: left; width: 3.51pt;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;&#x2022;&lt;/span&gt;&lt;/div&gt; &lt;div style="float: left; line-height: 12.02pt; margin-left: 25.49pt; text-align: left; width: 482.00pt;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;increased competition;&lt;/span&gt;&lt;/div&gt; &lt;/div&gt; &lt;div style="clear: both; position: relative;"/&gt; &lt;/div&gt;  &lt;div&gt; &lt;div style="clear: both; margin-top: 9.90pt; position: relative; width: 100%;"&gt; &lt;div style="float: left; line-height: 12.02pt; text-align: left; width: 3.51pt;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;&#x2022;&lt;/span&gt;&lt;/div&gt; &lt;div style="float: left; line-height: 12.02pt; margin-left: 25.49pt; text-align: left; width: 482.00pt;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;increases in property taxes and operating expenses;&lt;/span&gt;&lt;/div&gt; &lt;/div&gt; &lt;div style="clear: both; position: relative;"/&gt; &lt;/div&gt;  &lt;div&gt; &lt;div style="clear: both; margin-top: 9.91pt; position: relative; width: 100%;"&gt; &lt;div style="float: left; line-height: 12.02pt; text-align: left; width: 3.51pt;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;&#x2022;&lt;/span&gt;&lt;/div&gt; &lt;div style="float: left; line-height: 12.02pt; margin-left: 25.49pt; text-align: left; width: 482.00pt;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;changes in zoning laws;&lt;/span&gt;&lt;/div&gt; &lt;/div&gt; &lt;div style="clear: both; position: relative;"/&gt; &lt;/div&gt;  &lt;div&gt; &lt;div style="clear: both; margin-top: 9.90pt; position: relative; width: 100%;"&gt; &lt;div style="float: left; line-height: 12.02pt; text-align: left; width: 3.51pt;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;&#x2022;&lt;/span&gt;&lt;/div&gt; &lt;div style="float: left; line-height: 12.02pt; margin-left: 25.49pt; text-align: left; width: 482.00pt;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;losses due to costs of cleaning up environmental problems and contamination;&lt;/span&gt;&lt;/div&gt; &lt;/div&gt; &lt;div style="clear: both; position: relative;"/&gt; &lt;/div&gt;  &lt;div&gt; &lt;div style="clear: both; margin-top: 9.90pt; position: relative; width: 100%;"&gt; &lt;div style="float: left; line-height: 12.02pt; text-align: left; width: 3.51pt;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;&#x2022;&lt;/span&gt;&lt;/div&gt; &lt;div style="float: left; line-height: 12.02pt; margin-left: 25.49pt; text-align: left; width: 482.00pt;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;limitations on, or unavailability of, insurance on economic terms;&lt;/span&gt;&lt;/div&gt; &lt;/div&gt; &lt;div style="clear: both; position: relative;"/&gt; &lt;/div&gt;  &lt;div&gt; &lt;div style="clear: both; margin-top: 9.90pt; position: relative; width: 100%;"&gt; &lt;div style="float: left; line-height: 12.02pt; text-align: left; width: 3.51pt;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;&#x2022;&lt;/span&gt;&lt;/div&gt; &lt;div style="float: left; line-height: 12.02pt; margin-left: 25.49pt; text-align: left; width: 482.00pt;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;liability to third parties for damages resulting from environmental problems;&lt;/span&gt;&lt;/div&gt; &lt;/div&gt; &lt;div style="clear: both; position: relative;"/&gt; &lt;/div&gt;  &lt;div&gt; &lt;div style="clear: both; margin-top: 9.90pt; position: relative; width: 100%;"&gt; &lt;div style="float: left; line-height: 12.02pt; text-align: left; width: 3.51pt;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;&#x2022;&lt;/span&gt;&lt;/div&gt; &lt;div style="float: left; line-height: 12.02pt; margin-left: 25.49pt; text-align: left; width: 482.00pt;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;casualty or condemnation losses;&lt;/span&gt;&lt;/div&gt; &lt;/div&gt; &lt;div style="clear: both; position: relative;"/&gt; &lt;/div&gt;  &lt;div&gt; &lt;div style="clear: both; margin-top: 9.90pt; position: relative; width: 100%;"&gt; &lt;div style="float: left; line-height: 12.02pt; text-align: left; width: 3.51pt;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;&#x2022;&lt;/span&gt;&lt;/div&gt; &lt;div style="float: left; line-height: 12.02pt; margin-left: 25.49pt; text-align: left; width: 482.00pt;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;limitations on rents;&lt;/span&gt;&lt;/div&gt; &lt;/div&gt; &lt;div style="clear: both; position: relative;"/&gt; &lt;/div&gt;  &lt;div&gt; &lt;div style="clear: both; margin-top: 9.90pt; position: relative; width: 100%;"&gt; &lt;div style="float: left; line-height: 12.02pt; text-align: left; width: 3.51pt;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;&#x2022;&lt;/span&gt;&lt;/div&gt; &lt;div style="float: left; line-height: 12.02pt; margin-left: 25.49pt; text-align: left; width: 482.00pt;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;changes in neighborhood values and the appeal of properties to tenants;&lt;/span&gt;&lt;/div&gt; &lt;/div&gt; &lt;div style="clear: both; position: relative;"/&gt; &lt;/div&gt;  &lt;div&gt; &lt;div style="clear: both; margin-top: 9.90pt; position: relative; width: 100%;"&gt; &lt;div style="float: left; line-height: 12.02pt; text-align: left; width: 3.51pt;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;&#x2022;&lt;/span&gt;&lt;/div&gt; &lt;div style="float: left; line-height: 12.02pt; margin-left: 25.49pt; text-align: justify; width: 482.00pt;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;changes in valuation due to the impact of terrorist incidents on a particular property or area, or on a segment of the &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;economy; and&lt;/span&gt;&lt;/div&gt; &lt;/div&gt; &lt;div style="clear: both; position: relative;"/&gt; &lt;/div&gt;  &lt;div&gt; &lt;div style="clear: both; margin-top: 10.00pt; position: relative; width: 100%;"&gt; &lt;div style="float: left; line-height: 12.02pt; text-align: left; width: 3.51pt;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;&#x2022;&lt;/span&gt;&lt;/div&gt; &lt;div style="float: left; line-height: 12.02pt; margin-left: 25.49pt; text-align: left; width: 482.00pt;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;changes in interest rates.&lt;/span&gt;&lt;/div&gt; &lt;/div&gt; &lt;div style="clear: both; position: relative;"/&gt; &lt;/div&gt;  &lt;div style="line-height: 12.02pt; margin-top: 10.00pt; text-align: left;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-style: italic; margin-left: 29pt;"&gt;National Resources and Commodities Risks&lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;. Because of the Fund&#x2019;s ability to make indirect investments in natural &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;resources and physical commodities, and in Real Property Asset Companies engaged in oil and gas exploration and production, &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;gold and other precious metals, steel and iron ore production, energy services, forest products, chemicals, coal, alternative &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;energy sources and environmental services, as well as related transportation companies and equipment manufacturers, the Fund &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;is subject to risks associated with special risks, which include:&lt;/span&gt;&lt;/div&gt;  &lt;div style="line-height: 12.02pt; margin-left: 31pt; margin-top: 10.00pt; text-align: justify;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.00%; text-decoration: underline;"&gt;Supply and Demand Risk&lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;. A decrease in the production of a physical commodity or a decrease in the volume of such &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;commodity available for transportation, mining, processing, storage or distribution may adversely impact the financial &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;performance of an energy, natural resources, basic materials or an associated company that devotes a portion of its &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;business to that commodity. Production declines and volume decreases could be caused by various factors, including &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;catastrophic events affecting production, depletion of resources, labor difficulties, environmental proceedings, increased &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;regulations, equipment failures and unexpected maintenance problems, import supply disruption, governmental &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;expropriation, political upheaval or conflicts or increased competition from alternative energy sources or commodity &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;prices. Alternatively, a sustained decline in demand for such commodities could also adversely affect the financial &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;performance of energy, natural resources, basic materials or associated companies. Factors that could lead to a decline in &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;demand include economic recession or other adverse economic conditions, higher taxes on commodities or increased &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;governmental regulations, increases in fuel economy, consumer shifts to the use of alternative commodities or fuel &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;sources, changes in commodity prices, or weather.&lt;/span&gt;&lt;/div&gt;  &lt;div style="line-height: 12.02pt; margin-left: 31pt; margin-top: 10.00pt; text-align: justify;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.00%; text-decoration: underline;"&gt;Depletion and Exploration Risk&lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;. Many energy, natural resources, basic materials and associated companies are engaged &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;in the production of one or more physical commodities or are engaged in transporting, storing, distributing and &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;processing these items on behalf of shippers. To maintain or grow their revenues, these companies or their customers &lt;/span&gt;&lt;/div&gt;  &lt;div style="line-height: 12.02pt; margin-left: 31pt; text-align: justify;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.00%;"&gt;need to maintain or expand their reserves through exploration of new sources of supply, through the development of &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;existing sources, through acquisitions or through long-term contracts to acquire reserves. The financial performance of &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;energy, natural resources, basic materials and associated companies may be adversely affected if they, or the companies &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;to whom they provide the service, are unable to cost-effectively acquire additional reserves sufficient to replace the &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;natural decline.&lt;/span&gt;&lt;/div&gt;  &lt;div style="line-height: 12.02pt; margin-left: 31pt; margin-top: 10.19pt; text-align: justify;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.00%; text-decoration: underline;"&gt;Operational and Geological Risk&lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;. Energy, natural resources, basic materials companies and associated companies are &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;subject to specific operational and geological risks in addition to normal business and management risks. Some examples &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;of operational risks include mine rock falls, underground explosions and pit wall failures. Geological risk would include &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;faulting of the ore body and misinterpretation of geotechnical data.&lt;/span&gt;&lt;/div&gt;  &lt;div style="line-height: 12.02pt; margin-left: 31pt; margin-top: 10.20pt; text-align: justify;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.00%; text-decoration: underline;"&gt;Regulatory Risk&lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;. Energy, natural resources, basic materials and associated companies are subject to significant federal, &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;state and local government regulation in virtually every aspect of their operations, including how facilities are &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;constructed, maintained and operated, environmental and safety controls, and the prices they may charge for the products &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;and services they provide. Various governmental authorities have the power to enforce compliance with these regulations &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;and the permits issued under them, and violators are subject to administrative, civil and criminal penalties, including civil &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;fines, injunctions or both. Stricter laws, regulations or enforcement policies could be enacted in the future which would &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;likely increase compliance costs and may adversely affect the operations and financial performance of energy, natural &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;resources and basic materials companies.&lt;/span&gt;&lt;/div&gt;  &lt;div style="line-height: 12.02pt; margin-left: 31pt; margin-top: 10.20pt; text-align: justify;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.00%; text-decoration: underline;"&gt;Commodity Pricing Risk&lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;. The operations and financial performance of energy, natural resources and basic materials &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;companies may be directly affected by commodity prices, especially those energy, natural resources, basic materials and &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;associated companies that own the underlying commodity. Commodity prices fluctuate for several reasons, including &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;changes in market and economic conditions, the impact of weather on demand, levels of domestic production and &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;imported commodities, energy conservation, domestic and foreign governmental regulation and taxation, the availability &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;of local, intrastate and interstate transportation systems, governmental expropriation and political upheaval and conflicts. &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;Volatility of commodity prices, which may lead to a reduction in production or supply, may also negatively impact the &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;performance of energy, natural resources, basic materials and associated companies that are solely involved in the &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;transportation, processing, storing, distribution or marketing of commodities. Volatility of commodity prices may also &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;make it more difficult for energy, natural resources, basic materials and associated companies to raise capital to the extent &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;the market perceives that their performance may be directly or indirectly tied to commodity prices.&lt;/span&gt;&lt;/div&gt;  &lt;div style="line-height: 12.02pt; margin-left: 31pt; margin-top: 10.20pt; text-align: justify;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.00%; text-decoration: underline;"&gt;Precious Metals Pricing Risk&lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;. The Fund may invest in companies that have a material exposure to precious metals, such &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;as gold, silver and platinum and precious metals related instruments and securities. The price of precious metals can &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;fluctuate widely and is affected by numerous factors beyond the Fund&#x2019;s control including: global or regional political, &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;economic or financial events and situations; investors&#x2019; expectations with respect to the future rates of inflation and &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;movements in world equity, financial and property markets; global supply and demand for specific precious metals, &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;which is influenced by such factors as mine production and net forward selling activities by precious metals producers, &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;central bank purchases and sales, jewelry demand and the supply of recycled jewelry, net investment demand and &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;industrial demand, net of recycling; interest rates and currency exchange rates, particularly the strength of and confidence &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;in the U.S. dollar; and investment and trading activities of hedge funds, commodity funds and other speculators. The &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;Fund does not intend to hold physical precious metals.&lt;/span&gt;&lt;/div&gt; </cef:RiskTextBlock>
    <cef:RiskTextBlock
      contextRef="I20210920_RisksOfPersonalPropertyAssetCompaniesMember"
      id="t_35_3ebfb9e6_236c_ffec_0482_fc38a10f2892"> &lt;div style="line-height: 12.02pt; margin-top: 10.10pt; text-align: left;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-weight: bold;"&gt;Risks of Personal Property Asset Companies&lt;/span&gt;&lt;/div&gt;  &lt;div style="line-height: 12.02pt; margin-top: 10.10pt; text-align: left;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;"&gt;The Fund may invest in Income Securities and Common Equity Securities issued by Personal Property Asset Companies. &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;Personal (as opposed to real) property includes any tangible, movable property or asset. &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;The Fund will typically seek to invest in &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;Income Securities and Common Equity Securities of Personal Property Asset Companies that are associated with personal &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;property assets with investment performance that is not highly correlated with traditional market indexes, such as special &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;situation transportation assets (e.g., railcars, airplanes and ships) and collectibles (e.g., antiques, wine and fine art).&lt;/span&gt;&lt;/div&gt;  &lt;div style="line-height: 12.02pt; margin-top: 10.10pt; text-align: left;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-style: italic; margin-left: 29pt;"&gt;Special Situation Transportation Assets Risks&lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;. The risks of special situation transportation assets include:&lt;/span&gt;&lt;/div&gt;  &lt;div style="line-height: 12.02pt; margin-left: 31pt; margin-top: 10.10pt; text-align: justify;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.00%; text-decoration: underline;"&gt;Cyclicality of Supply and Demand for Transportation Assets Risk&lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;. The transportation asset leasing and sales industry has &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;periodically experienced cycles of oversupply and undersupply of railcars, aircraft and ships. &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;The oversupply of a specific &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;type of transportation asset in the market is likely to depress the values of that type of transportation asset. The supply &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;and demand of transportation assets is affected by various cyclical factors that are not under the Fund&#x2019;s control, &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;including: (i) passenger and cargo demand; (ii) commercial demand for certain types of transportation assets, (iii) fuel &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;costs and general economic conditions affecting lessees&#x2019; operations; (iv) government regulation, including operating &lt;/span&gt;&lt;/div&gt;  &lt;div style="line-height: 12.02pt; margin-left: 31pt; text-align: justify;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.00%;"&gt;restrictions; (v) interest rates; (vi) the availability of credit; (vii) manufacturer production level; (viii) retirement and &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;obsolescence of certain classes of transportation assets; (ix) re-introduction into service of transportation assets &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;previously in storage; and (x) traffic control infrastructure constraints.&lt;/span&gt;&lt;/div&gt;  &lt;div style="line-height: 12.02pt; margin-left: 31pt; margin-top: 10.00pt; text-align: justify;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.00%; text-decoration: underline;"&gt;Risk of Decline in Value of Transportation Assets and Rental Values&lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;. In addition to factors linked to the railway, aviation &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;and shipping industries, other factors that may affect the value of transportation assets, and thus of the Personal Property &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;Asset Companies in which the Fund invests, include: (i) manufacturers merging or exiting the industry or ceasing to &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;produce specific types of transportation asset; (ii) the particular maintenance and operating history of the transportation &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;assets; (iii) the number of operators using that type of transportation asset; (iv) whether the railcar, aircraft or ship is &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;subject to a lease; (v) any regulatory and legal requirements that must be satisfied before the transportation asset can be &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;operated, sold or re-leased, (vi) compatibility of parts and layout of the transportation asset among operators of particular &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;asset; and (vii) any renegotiation of a lease on less favorable terms.&lt;/span&gt;&lt;/div&gt;  &lt;div style="line-height: 12.02pt; margin-left: 31pt; margin-top: 10.00pt; text-align: justify;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.00%; text-decoration: underline;"&gt;Technological Risks&lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;. The availability for sale or lease of new, technologically advanced transportation assets and the &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;imposition of stringent noise, emissions or environmental regulations may make certain types of transportation assets less &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;desirable in the marketplace and therefore may adversely affect the owners&#x2019; ability to lease or sell such transportation &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;assets. Consequently, the owner will have to lease or sell many of the transportation assets close to the end of their useful &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;economic life. The owners&#x2019; ability to manage these technological risks by modifying or selling transportation assets will &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;likely be limited.&lt;/span&gt;&lt;/div&gt;  &lt;div style="line-height: 12.02pt; margin-left: 31pt; margin-top: 10.00pt; text-align: justify;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.00%; text-decoration: underline;"&gt;Risks Relating to Leases of Transportation Assets&lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;. Owner/lessors of transportation assets will typically require lessees of &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;assets to maintain customary and appropriate insurance. There can be no assurance that the lessees&#x2019; insurance will cover &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;all types of claims that may be asserted against the owner, which could adversely affect the value of the Fund&#x2019;s &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;investment in the Personal Property Asset Company owning such transportation asset. Personal Property Asset &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;Companies will be subject to credit risk of the lessees&#x2019; ability to the provisions of the lease of the transportation asset. &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;The Personal Property Asset Company will need to release or sell transportation assets as the current leases expire in &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;order to continue to generate revenues. The ability to re-lease or sell transportation assets will depend on general market &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;and competitive conditions. Some of the competitors of the Personal Property Asset Company may have greater access to &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;financial resources and may have greater operational flexibility. If the Personal Property Asset Company is not able to &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;re-lease a transportation asset, it may need to attempt to sell the aircraft to provide funds for its investors, including the &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;Fund.&lt;/span&gt;&lt;/div&gt;  &lt;div style="line-height: 12.02pt; margin-top: 10.00pt; text-align: left;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-style: italic; margin-left: 29pt;"&gt;Collectible Assets Risks&lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;. The risks of collectible assets include:&lt;/span&gt;&lt;/div&gt;  &lt;div style="line-height: 12.02pt; margin-left: 31pt; margin-top: 10.00pt; text-align: justify;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.00%; text-decoration: underline;"&gt;Valuation of Collectible Assets Risk&lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;. The market for collectible assets as a financial investment is in the early stages of &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;development. Collectible assets are typically bought and sold through auction houses, and estimates of prices of &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;collectible assets at auction are imprecise. Accordingly, collectible assets are difficult to value.&lt;/span&gt;&lt;/div&gt;  &lt;div style="line-height: 12.02pt; margin-left: 31pt; margin-top: 10.00pt; text-align: justify;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.00%; text-decoration: underline;"&gt;Liquidity of Collectible Assets Risk&lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;. There are relatively few auction houses in comparison to brokers and dealers of &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;traditional financial assets. The ability to sell collectible assets is dependent on the demand for particular classes of &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;collectible assets, which demand has been volatile and erratic in the past. There is no assurance that collectible assets can &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;be sold within a particular timeframe or at the price at which such collectible assets are valued, which may impair the &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;ability of the Fund to realize full value of Personal Property Asset Companies in the event of the need to liquidate such &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;assets.&lt;/span&gt;&lt;/div&gt;  &lt;div style="line-height: 12.02pt; margin-left: 31pt; margin-top: 10.00pt; text-align: justify;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.00%; text-decoration: underline;"&gt;Authenticity of Collectible Assets Risk&lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;. The value of collectible assets often depends on its rarity or scarcity, or of its &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;attribution as the product of a particular artisan. Collectible Assets are subject to forgery and to the inabilities to assess &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;the authenticity of the collectible asset, which may significantly impair the value of the collectible asset.&lt;/span&gt;&lt;/div&gt;  &lt;div style="line-height: 12.02pt; margin-left: 31pt; margin-top: 10.00pt; text-align: justify;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 0.00%; text-decoration: underline;"&gt;High Transaction and Related Costs Risk&lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;. Collectible assets are typically bought and sold through auction houses, which &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;typically charge commissions to the purchaser and to the seller which may exceed 20% of the sale price of the collectible &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;asset. In addition, holding collectible assets entails storage and insurance costs, which may be substantial.&lt;/span&gt;&lt;/div&gt; </cef:RiskTextBlock>
    <cef:RiskTextBlock
      contextRef="I20210920_PrivateSecuritiesRiskMember"
      id="t_36_f064a5a5_6004_8d76_6754_46dd7d4f3b2c"> &lt;div style="line-height: 12.02pt; margin-top: 10.00pt; text-align: left;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-weight: bold;"&gt;Private Securities Risk&lt;/span&gt;&lt;/div&gt;  &lt;div style="line-height: 12.02pt; margin-top: 9.99pt; text-align: left;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;"&gt;The Fund may invest in privately issued Income Securities and Common Equity Securities of both public and private &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;companies. Private Securities have additional risk considerations than investments in comparable public investments. &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;Whenever &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;the Fund invests in companies that do not publicly report financial and other material information, it assumes a greater degree of &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;investment risk and reliance upon the Sub-Adviser&#x2019;s ability to obtain and evaluate applicable information concerning such &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;companies&#x2019; creditworthiness and other investment considerations. Certain Private Securities may be illiquid. Because there is &lt;/span&gt;&lt;/div&gt;  &lt;div style="line-height: 12.02pt; text-align: left;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;often no readily available trading market for Private Securities, the Fund may not be able to readily dispose of such investments &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;at prices that approximate those at which the Fund could sell them if they were more widely traded. Private Securities are also &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;more difficult to value. Valuation may require more research, and elements of judgment may play a greater role in the valuation &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;of Private Securities as compared to public securities because there is less reliable objective data available. Private Securities that &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;are debt securities generally are of below-investment grade quality, frequently are unrated and present many of the same risks as &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;investing in below-investment grade public debt securities. Investing in private debt instruments is a highly specialized &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;investment practice that depends more heavily on independent credit analysis than investments in other types of obligations.&lt;/span&gt;&lt;/div&gt; </cef:RiskTextBlock>
    <cef:RiskTextBlock
      contextRef="I20210920_InvestmentFundsRiskMember"
      id="t_37_4d4c80d6_f948_f212_5690_c5709db525b1"> &lt;div style="line-height: 12.02pt; margin-top: 9.80pt; text-align: left;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-weight: bold;"&gt;Investment Funds Risk&lt;/span&gt;&lt;/div&gt;  &lt;div style="line-height: 12.02pt; margin-top: 9.80pt; text-align: left;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;"&gt;As an alternative to holding investments directly, the Fund may also obtain investment exposure to Income Securities and &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;Common Equity Securities by investing up to 30% of its total assets in Investment Funds. &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;These investments include open-end &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;funds, closed-end funds, exchange-traded funds and business development companies as well as other pooled investment &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;vehicles. Investments in Investment Funds present certain special considerations and risks not present in making direct &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;investments in Income Securities and Common Equity Securities. Investments in Investment Funds subject the Fund to the risks &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;affecting such Investment Funds and involve operating expenses and fees that are in addition to the expenses and fees borne by &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;the Fund. Such expenses and fees attributable to the Fund&#x2019;s investment in another Investment Fund are borne indirectly by &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;Common Shareholders. Accordingly, investment in such entities involves expenses and fees at both levels. Fees charged by other &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;Investment Funds in which the Fund invests may be similar to the fees charged by the Fund and can include asset-based &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;management fees and administrative fees payable to such entities&#x2019; advisers and managers, thus resulting in fees at both levels. &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;Fees charged by other Investment Funds in which the Fund invests may be similar to the fees charged by the Fund and can &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;include asset-based management fees and administrative fees payable to such entities&#x2019; advisers and managers, thus resulting in &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;duplicative fees. To the extent management fees of Investment Funds are based on total gross assets, it may create an incentive &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;for such entities&#x2019; managers to employ Financial Leverage, thereby adding additional expense and increasing volatility and risk &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;(including the Fund's overall exposure to financial leverage risk). Fees payable to advisers and managers of Investment Funds &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;may include performance-based incentive fees calculated as a percentage of profits. Such incentive fees directly reduce the &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;return that otherwise would have been earned by investors over the applicable period. Fees payable to advisers and managers of &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;Investment Funds may include performance-based incentive fees calculated as a percentage of profits. Such incentive fees &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;directly reduce the return that otherwise would have been earned by investors over the applicable period. A performance-based &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;fee arrangement may create incentives for an adviser or manager to take greater investment risks in the hope of earning a higher &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;profit participation. Investments in Investment Funds frequently expose the Fund to an additional layer of Financial Leverage. &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;Investments in Investment Funds expose the Fund to additional management risk. The success of the Fund&#x2019;s investments in &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;Investment Funds will depend in large part on the investment skills and implementation abilities of the advisers or managers of &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;such entities. Decisions made by the advisers or managers of such entities may cause the Fund to incur losses or to miss profit &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;opportunities. While the Sub-Adviser will seek to evaluate managers of Investment Funds and where possible independently &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;evaluate the underlying assets, a substantial degree of reliance on such entities&#x2019; managers is nevertheless present with such &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;investments.&lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; line-height: 12.02pt;"&gt; &lt;/span&gt;&lt;/div&gt;  &lt;div style="line-height: 12.02pt; margin-top: 9.81pt; text-align: left;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;"&gt;In October 2020, the SEC adopted certain regulatory changes and took other actions related to the ability of an &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;investment company to invest in another investment company (which, in certain instances, may also limit a fund&#x2019;s ability to &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;invest in certain types of structured finance vehicles). These changes include, among other things, amendments to Rule 12d1-1, &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;the rescission of Rule 12d1-2, the adoption of Rule 12d1-4, and the rescission of certain exemptive relief issued by the SEC &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;permitting such investments in excess of statutory limits and the withdrawal of certain related SEC staff no-action letters. These &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;changes and actions may adversely impact the Fund&#x2019;s investment strategies and operations, as well as those of the underlying &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;investment vehicles in which the Fund invests or other funds that invest in the Fund.&lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; line-height: 12.02pt;"&gt; &lt;/span&gt;&lt;/div&gt; </cef:RiskTextBlock>
    <cef:RiskTextBlock
      contextRef="I20210920_SyntheticInvestmentsRiskMember"
      id="t_38_74e7854b_46da_1bce_7354_863a34c20db3"> &lt;div style="line-height: 12.02pt; margin-top: 9.80pt; text-align: left;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-weight: bold;"&gt;Synthetic Investments Risk&lt;/span&gt;&lt;/div&gt;  &lt;div style="line-height: 12.02pt; margin-top: 9.80pt; text-align: left;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;"&gt;As an alternative to holding investments directly, the Fund may also obtain investment exposure to Income Securities and &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;Common Equity Securities through the use of customized derivative instruments (including swaps, options, forwards, notional &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;principal contracts or other financial instruments) to replicate, modify or replace the economic attributes associated with an &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;investment in Income Securities and Common Equity Securities (including interests in Investment Funds). &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;The Fund may be &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;exposed to certain additional risks to the extent the Sub-Adviser use derivatives as a means to synthetically implement the &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;Fund&#x2019;s investment strategies. If the Fund enters into a derivative instrument whereby it agrees to receive the return of a security &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;or financial instrument or a basket of securities or financial instruments, it will typically contract to receive such returns for a &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;predetermined period of time. During such period, the Fund may not have the ability to increase or decrease its exposure. In &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;addition, such customized derivative instruments will likely be highly illiquid, and it is possible that the Fund will not be able to &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;terminate such derivative instruments prior to their expiration date or that the penalties associated with such a termination might &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;impact the Fund&#x2019;s performance in a material adverse manner. Furthermore, certain derivative instruments contain provisions &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;giving the counterparty the right to terminate the contract upon the occurrence of certain events. Such events may include a &lt;/span&gt;&lt;/div&gt;  &lt;div style="line-height: 12.02pt; text-align: left;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;decline in the value of the reference securities and material violations of the terms of the contract or the portfolio guidelines as &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;well as other events determined by the counterparty. If a termination were to occur, the Fund&#x2019;s return could be adversely affected &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;as it would lose the benefit of the indirect exposure to the reference securities and it may incur significant termination expenses.&lt;/span&gt;&lt;/div&gt;  &lt;div style="line-height: 12.02pt; margin-top: 9.90pt; text-align: left;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;"&gt;In the event the Fund seeks to participate in Investment Funds (including Private Investment Funds) through the use of &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;such synthetic derivative instruments, the Fund will not acquire any voting interests or other shareholder rights that would be &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;acquired with a direct investment in the underlying Investment Fund. Accordingly, the Fund will not participate in matters &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;submitted to a vote of the shareholders. In addition, the Fund may not receive all of the information and reports to shareholders &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;that the Fund would receive with a direct investment in such Investment Fund.&lt;/span&gt;&lt;/div&gt;  &lt;div style="line-height: 12.02pt; margin-top: 9.90pt; text-align: left;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;"&gt;Further, the Fund will pay the counterparty to any such customized derivative instrument structuring fees and ongoing &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;transaction fees, which will reduce the investment performance of the Fund. Finally, certain tax aspects of such customized &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;derivative instruments are uncertain and a Common Shareholder&#x2019;s return could be adversely affected by an adverse tax ruling.&lt;/span&gt;&lt;/div&gt; </cef:RiskTextBlock>
    <cef:RiskTextBlock
      contextRef="I20210920_InflationDeflationRiskMember"
      id="t_39_772d2157_b3d8_7af1_5b42_6ae5abd7b6cd"> &lt;div style="line-height: 12.02pt; margin-top: 9.91pt; text-align: left;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-weight: bold;"&gt;Inflation/Deflation Risk&lt;/span&gt;&lt;/div&gt;  &lt;div style="line-height: 12.02pt; margin-top: 9.90pt; text-align: left;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;"&gt;Inflation risk is the risk that the value of assets or income from investments will be worth less in the future as inflation &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;decreases the purchasing power and value of money. &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;As inflation increases, the real value of the Common Shares and &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;distributions can decline. Inflation rates may change frequently and significantly as a result of various factors, including &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;unexpected shifts in the domestic or global economy and changes in monetary or economic policies (or expectations that these &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;policies may change), and the Fund&#x2019;s investments may not keep pace with inflation, which would adversely affect the Fund. This &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;risk is significantly elevated compared to normal conditions because of recent monetary policy measures and the current low &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;interest rate environment. In addition, during any periods of rising inflation, the dividend rates or borrowing costs associated &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;with the Fund&#x2019;s use of Financial Leverage would likely increase, which would tend to further reduce returns to Common &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;Shareholders. Deflation risk is the risk that prices throughout the economy decline over time&#x2014;the opposite of inflation. &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;Deflation may have an adverse affect on the creditworthiness of issuers and may make issuer default more likely, which may &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;result in a decline in the value of the Fund&#x2019;s portfolio.&lt;/span&gt;&lt;/div&gt; </cef:RiskTextBlock>
    <cef:RiskTextBlock
      contextRef="I20210920_MarketDiscountRiskMember"
      id="t_40_9da833f8_21f3_1feb_f51b_b1972d8b2910"> &lt;div style="line-height: 12.02pt; margin-top: 10.00pt; text-align: left;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-weight: bold;"&gt;Market Discount Risk&lt;/span&gt;&lt;/div&gt;  &lt;div style="line-height: 12.02pt; margin-top: 10.00pt; text-align: left;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;"&gt;The Fund&#x2019;s Common Shares have traded both at a premium and at a discount in relation to net asset value. The Fund &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;cannot predict whether the Common Shares will trade in the future at a premium or discount to net asset value. &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;The Fund&#x2019;s &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;Common Shares have recently traded at a premium to net asset value per share, which may not be sustainable. If the Common &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;Shares are trading at a premium to net asset value at the time you purchase Common Shares, the net asset value per share of the &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;Common Shares purchased will be less than the purchase price paid. Shares of closed-end investment companies frequently &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;trade at a discount from net asset value, but in some cases have traded above net asset value. The risk of the Common Shares &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;trading at a discount is a risk separate from the risk of a decline in the Fund&#x2019;s net asset value as a result of the Fund&#x2019;s investment &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;activities. The Fund&#x2019;s net asset value will be reduced immediately following an offering of the Common Shares due to the costs &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;of such offering, which will be borne entirely by the Fund. The sale of Common Shares by the Fund (or the perception that such &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;sales may occur) may have an adverse effect on prices of Common Shares in the secondary market. An increase in the number of &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;Common Shares available may put downward pressure on the market price for Common Shares. The Fund may, from time to &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;time, seek the consent of Common Shareholders to permit the issuance and sale by the Fund of Common Shares at a price below &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;the Fund&#x2019;s then current net asset value, subject to certain conditions, and such sales of Common Shares at price below net asset &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;value, if any, may increase downward pressure on the market price for Common Shares. These sales, if any, also might make it &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;more difficult for the Fund to sell additional Common Shares in the future at a time and price it deems appropriate.&lt;/span&gt;&lt;/div&gt;  &lt;div style="line-height: 12.02pt; margin-top: 10.00pt; text-align: left;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;"&gt;Whether a Common Shareholder will realize a gain or loss upon the sale of Common Shares depends upon whether the &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;market value of the Common Shares at the time of sale is above or below the price the Common Shareholder paid, taking into &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;account transaction costs for the Common Shares, and is not directly dependent upon the Fund&#x2019;s net asset value. Because the &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;market value of the Common Shares will be determined by factors such as the relative demand for and supply of the shares in &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;the market, general market conditions and other factors outside the Fund&#x2019;s control, the Fund cannot predict whether the &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;Common Shares will trade at, below or above net asset value, or at, below or above the public offering price for the Common &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;Shares. Common Shares of the Fund are designed primarily for long-term investors; investors in Common Shares should not &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;view the Fund as a vehicle for trading purposes.&lt;/span&gt;&lt;/div&gt; </cef:RiskTextBlock>
    <cef:RiskTextBlock
      contextRef="I20210920_DilutionRiskMember"
      id="t_41_decce4f9_2ac7_c4ba_ac60_a06f40af4007"> &lt;div style="line-height: 12.02pt; margin-top: 10.00pt; text-align: left;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-weight: bold;"&gt;Dilution Risk&lt;/span&gt;&lt;/div&gt;  &lt;div style="line-height: 12.02pt; margin-top: 10.00pt; text-align: left;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;"&gt;The voting power of current Common Shareholders will be diluted to the extent that current Common Shareholders do &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;not purchase Common Shares in any future offerings of Common Shares or do not purchase sufficient Common Shares to &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;maintain their percentage interest. &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;If the Fund is unable to invest the proceeds of such offering as intended, the Fund&#x2019;s per &lt;/span&gt;&lt;/div&gt;  &lt;div style="line-height: 12.02pt; text-align: left;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;Common Share distribution may decrease and the Fund may not participate in market advances to the same extent as if such &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;proceeds were fully invested as planned. If the Fund sells Common Shares at a price below net asset value pursuant to the &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;consent of Common Shareholders, shareholders will experience a dilution of the aggregate net asset value per Common Share &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;because the sale price will be less than the Fund&#x2019;s then-current net asset value per Common Share. Similarly, were the expenses &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;of the offering to exceed the amount by which the sale price exceeded the Fund&#x2019;s then current net asset value per Common &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;Share, shareholders would experience a dilution of the aggregate net asset value per Common Share. This dilution will be &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;experienced by all shareholders, irrespective of whether they purchase Common Shares in any such offering. See &#x201c;Description &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;of Capital Structure&#x2014;Common Shares&#x2014;Issuance of Additional Common Shares.&#x201d;&lt;/span&gt;&lt;/div&gt; </cef:RiskTextBlock>
    <cef:RiskTextBlock
      contextRef="I20210920_FinancialLeverageAndLeveragedTransactionsRiskMember"
      id="t_42_4112d381_326c_b952_7cba_92bfba9fdd93"> &lt;div style="line-height: 12.02pt; margin-top: 9.80pt; text-align: left;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-weight: bold;"&gt;Financial Leverage and Leveraged Transactions Risk&lt;/span&gt;&lt;/div&gt;  &lt;div style="line-height: 12.02pt; margin-top: 9.90pt; text-align: left;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;"&gt;Although the use of Financial Leverage and leveraged transactions by the Fund may create an opportunity for increased &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;after-tax total return for the Common Shares, it also results in additional risks and can magnify the effect of any losses. &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;If the &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;income and gains earned on securities purchased with Financial Leverage and leveraged transaction proceeds are greater than &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;the cost of Financial Leverage and leveraged transactions, the Fund&#x2019;s return will be greater than if Financial Leverage and &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;leveraged transactions had not been used. Conversely, if the income or gains from the securities purchased with such proceeds &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;does not cover the cost of Financial Leverage and leveraged transactions, the return to the Fund will be less than if Financial &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;Leverage and leveraged transactions had not been used. There can be no assurance that a leveraging strategy will be &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;implemented or that it will be successful during any period during which it is employed.&lt;/span&gt;&lt;/div&gt;  &lt;div style="line-height: 12.02pt; margin-top: 9.90pt; text-align: left;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;"&gt;Financial Leverage and leveraged transactions are speculative techniques that exposes the Fund to greater risk and &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;increased costs than if they were not implemented. Increases and decreases in the value of the Fund&#x2019;s portfolio will be magnified &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;when the Fund uses Financial Leverage and leveraged transactions. As a result, Financial Leverage and leveraged transactions &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;may cause greater changes in the Fund&#x2019;s NAV and returns than if Financial Leverage and leveraged transactions had not been &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;used. The Fund will also have to pay interest on its indebtedness, if any, which may reduce the Fund&#x2019;s return. This interest &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;expense may be greater than the Fund&#x2019;s return on the underlying investment, which would negatively affect the performance of &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;the Fund.&lt;/span&gt;&lt;/div&gt;  &lt;div style="line-height: 12.02pt; margin-top: 9.90pt; text-align: left;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;"&gt;Financial Leverage and the use of leveraged transactions involve risks and special considerations for shareholders, &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;including the likelihood of greater volatility of NAV and market price of and dividends on the Common Shares than a &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;comparable portfolio without leverage; the risk that fluctuations in interest rates on Borrowings or in the dividend rate on any &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;Preferred Shares that the Fund must pay will reduce the return to the Common Shareholders; and the effect of Financial &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;Leverage and leveraged transactions in a declining market, which is likely to cause a greater decline in the NAV of the Common &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;Shares than if the Fund were not leveraged, which may result in a greater decline in the market price of the Common Shares.&lt;/span&gt;&lt;/div&gt;  &lt;div style="line-height: 12.02pt; margin-top: 9.90pt; text-align: left;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;"&gt;Because the fees received by the Investment Adviser and Sub-Adviser are based on the Managed Assets of the Fund &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;(including the proceeds of any Financial Leverage), the Investment Adviser and Sub-Adviser have a financial incentive for the &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;Fund to utilize Financial Leverage, which may create a conflict of interest between the Investment Adviser and the Sub-Adviser &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;on the one hand and the Common Shareholders on the other. Common Shareholders bear the portion of the investment advisory &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;fee attributable to the assets purchased with the proceeds of Financial Leverage, which means that Common Shareholders &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;effectively bear the entire advisory fee. In order to manage this conflict of interest, the Board receives regular reports from the &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;Adviser regarding the Fund&#x2019;s use of Financial Leverage and the effect of Financial Leverage on the management of the Fund&#x2019;s &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;portfolio and the performance of the Fund.&lt;/span&gt;&lt;/div&gt;  &lt;div style="line-height: 12.02pt; margin-top: 9.90pt; text-align: left;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;"&gt;Borrowings may subject the Fund to covenants in credit agreements relating to asset coverage and portfolio composition &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;requirements. Borrowings by the Fund also may subject the Fund to certain restrictions on investments imposed by guidelines of &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;one or more rating agencies, which may issue ratings for such indebtedness. Such guidelines may impose asset coverage or &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;portfolio composition requirements that are more stringent than those imposed by the 1940 Act. It is not anticipated that these &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;covenants or guidelines will impede the Adviser from managing the Fund&#x2019;s portfolio in accordance with the Fund&#x2019;s investment &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;objective and policies.&lt;/span&gt;&lt;/div&gt;  &lt;div style="line-height: 12.02pt; margin-top: 9.90pt; text-align: left;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;"&gt;The Fund may enter into reverse repurchase agreements with the same parties with whom they may enter into repurchase &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;agreements (as described below). Under a reverse repurchase agreement, the Fund would sell securities or other assets and agree &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;to repurchase them at a particular price at a future date. Reverse repurchase agreements involve the risks that the interest income &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;earned on the investment of the proceeds will be less than the interest expense and Fund expenses associated with the repurchase &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;agreement, that the market value of the securities or other assets sold by the Fund may decline below the price at which the Fund &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;is obligated to repurchase such securities and that the securities may not be returned to the Fund. There is no assurance that &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;reverse repurchase agreements can be successfully employed. In the event of the insolvency of the counterparty to a reverse &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;repurchase agreement, recovery of the securities or other assets sold by the Fund may be delayed. The counterparty&#x2019;s insolvency &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;may result in a loss equal to the amount by which the value of the securities or other assets sold by the Fund exceeds the &lt;/span&gt;&lt;/div&gt;  &lt;div style="line-height: 12.02pt; text-align: left;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;repurchase price payable by the Fund; if the value of the purchased securities or other assets increases during such a delay, that &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;loss may also be increased. When the Fund enters into a reverse repurchase agreement, any fluctuations in the market value of &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;either the securities or other assets transferred to another party or the securities or other assets in which the proceeds may be &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;invested would affect the market value of the Fund&#x2019;s assets. As a result, such transactions may increase fluctuations in the net &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;asset value of the Fund&#x2019;s Common Shares.&lt;/span&gt;&lt;/div&gt;  &lt;div style="line-height: 12.02pt; margin-top: 9.81pt; text-align: left;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;"&gt;The Fund may enter into dollar roll transactions, in which the Fund sells a mortgage-backed or other security for &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;settlement on one date and buys back a substantially similar security (but not the same security) for settlement at a later date. &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;During the roll period, the Fund gives up the principal and interest payments on the security, but may invest the sale proceeds. &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;When the Fund enters into a dollar roll transaction, any fluctuation in the market value of the security transferred or the &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;securities in which the sales proceeds are invested can affect the market value of the Fund&#x2019;s assets, and therefore, the Fund&#x2019;s &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;NAV. Successful use of dollar rolls may depend upon the Sub-Adviser&#x2019;s ability to correctly predict interest rates and &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;prepayments. There is no assurance that dollar rolls can be successfully employed. Dollar roll transactions may sometimes be &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;considered the practical equivalent of Borrowing and constitute leverage. Dollar roll transactions also involve the risk that the &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;market value of the securities the Fund is required to deliver may decline below the agreed upon repurchase price of those &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;securities. In addition, in the event that the Fund&#x2019;s counterparty becomes insolvent or otherwise unable or unwilling to perform &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;its obligations, the Fund&#x2019;s use of the proceeds may become restricted pending a determination as to whether to enforce the &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;Fund&#x2019;s obligation to purchase the substantially similar securities.&lt;/span&gt;&lt;/div&gt;  &lt;div style="line-height: 12.02pt; margin-top: 9.90pt; text-align: left;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;"&gt;The Fund may engage in certain derivatives transactions that have economic characteristics similar to leverage. Under &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;current regulatory requirements, to the extent the terms of any such transaction obligate the Fund to make payments, to mitigate &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;leveraging risk and otherwise comply with regulatory requirements, the Fund must segregate or earmark liquid assets to meet its &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;obligations under, or otherwise cover, the transactions that may give rise to this risk. Securities so segregated or designated as &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;&#x201c;cover&#x201d; will be unavailable for sale by the Sub- Adviser (unless replaced by other securities qualifying for segregation or cover &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;requirements), which may adversely affect the ability of the Fund to pursue its investment objective.&lt;/span&gt;&lt;/div&gt;  &lt;div style="line-height: 12.02pt; margin-top: 9.91pt; text-align: left;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;"&gt;The Fund may have Financial Leverage and leveraged transactions outstanding during a short-term period during which &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;such Financial Leverage and leveraged transactions may not be beneficial to the Fund if the Adviser believes that the long-term &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;benefits to Common Shareholders of such Financial Leverage and leveraged transactions would outweigh the costs and portfolio &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;disruptions associated with redeeming and reissuing or closing out and reopening such Financial Leverage and leveraged &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;transactions. However, there can be no assurance that the Adviser&#x2019;s judgment in weighing such costs and benefits will be correct.&lt;/span&gt;&lt;/div&gt;  &lt;div style="line-height: 12.02pt; margin-top: 9.90pt; text-align: left;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;"&gt;Recent economic and market events have contributed to severe market volatility at times and caused severe liquidity &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;strains in the credit markets during some periods. If dislocations in the credit markets continue, the Fund&#x2019;s leverage costs may &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;increase and there is a risk that the Fund may not be able to renew or replace existing leverage on favorable terms or at all. If the &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;cost of leverage is no longer favorable, or if the Fund is otherwise required to reduce its leverage, the Fund may not be able to &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;maintain distributions on Common Shares at historical levels and Common Shareholders will bear any costs associated with &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;selling portfolio securities.&lt;/span&gt;&lt;/div&gt;  &lt;div style="line-height: 12.02pt; margin-top: 9.90pt; text-align: left;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;"&gt;The Fund&#x2019;s total Financial Leverage and leveraged transactions may vary significantly over time. To the extent the Fund &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;increases its amount of Financial Leverage and leveraged transactions outstanding, it will be more exposed to these risks. The &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;Fund may also be exposed to the risks associated with Financial Leverage through its investments in Investment Funds.&lt;/span&gt;&lt;/div&gt; </cef:RiskTextBlock>
    <cef:RiskTextBlock
      contextRef="I20210920_DerivativesTransactionsRiskMember"
      id="t_43_2f31178e_a9a2_3a75_cd74_fd5ab5ccca28"> &lt;div style="line-height: 12.02pt; margin-top: 9.90pt; text-align: left;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-weight: bold;"&gt;Derivatives Transactions Risk&lt;/span&gt;&lt;/div&gt;  &lt;div style="line-height: 12.02pt; margin-top: 9.90pt; text-align: left;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-style: italic; margin-left: 29pt;"&gt;Derivatives Transactions Risk&lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt; In General. In addition to the covered call option strategy described above, the Fund may, &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;but is not required to, utilize other derivatives, including futures contracts, swaps transactions and other strategic transactions to &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;seek to earn income, facilitate portfolio management and mitigate risks. &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;Participation in derivatives markets transactions &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;involves investment risks and transaction costs to which the Fund would not be subject absent the use of these strategies (other &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;than its covered call writing strategy). Certain derivatives transactions that involve leverage can result in losses that greatly &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;exceed the amount originally invested. Derivatives transactions utilizing instruments denominated in foreign currencies will &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;expose the Fund to foreign currency risk. Derivatives transactions involve risks of mispricing or improper valuation, and the &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;documentation governing a derivative instrument or transaction may be unfavorable or ambiguous. Derivatives transactions may &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;involve commissions and other costs, which may increase the Fund&#x2019;s expenses and reduce its return. Various legislative and &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;regulatory initiatives may impact the availability, liquidity and cost of derivative instruments, limit or restrict the ability of the &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;Fund to use certain derivative instruments or transact with certain counterparties as a part of its investment strategy, increase the &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;costs of using derivative instruments or make derivative instruments less effective. In connection with certain derivatives &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;transactions, under current regulatory requirements, to the extent the terms of any such transaction obligate the Fund to make &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;payments, the Fund may be required to segregate liquid assets or otherwise cover such transactions. The Fund also may be &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;required to deposit amounts as premiums or to be held in margin accounts. Such amounts may not otherwise be available to the &lt;/span&gt;&lt;/div&gt;  &lt;div style="line-height: 12.02pt; text-align: left;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;Fund for investment purposes. The Fund may earn a lower return on its portfolio than it might otherwise earn if it did not have to &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;segregate assets in respect of, or otherwise cover, its derivatives transactions positions. To the extent the Fund&#x2019;s assets are &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;segregated or committed as cover, it could limit the Fund&#x2019;s investment flexibility. Segregating assets and covering positions will &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;not limit or offset losses on related positions. Participation in derivatives market transactions involves investment risks and &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;transaction costs to which the Fund would not be subject absent the use of these strategies. &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;The skills necessary to successfully &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;execute derivatives strategies may be different from those for more traditional portfolio management techniques, and if the Sub-Adviser&lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt; is incorrect about its expectations of market conditions, the use of derivatives could also result in a loss, which in some &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;cases may be unlimited. Additional risks inherent in the use of derivatives include:&lt;/span&gt;&lt;/div&gt;  &lt;div&gt; &lt;div style="clear: both; margin-top: 9.70pt; position: relative; width: 100%;"&gt; &lt;div style="float: left; line-height: 12.02pt; text-align: left; width: 3.51pt;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;&#x2022;&lt;/span&gt;&lt;/div&gt; &lt;div style="float: left; line-height: 12.02pt; margin-left: 25.49pt; text-align: justify; width: 482.00pt;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;dependence on the Sub-Adviser&#x2019;s ability to predict correctly movements in the direction of interest rates and securities &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;prices;&lt;/span&gt;&lt;/div&gt; &lt;/div&gt; &lt;div style="clear: both; position: relative;"/&gt; &lt;/div&gt;  &lt;div&gt; &lt;div style="clear: both; margin-top: 9.71pt; position: relative; width: 100%;"&gt; &lt;div style="float: left; line-height: 12.02pt; text-align: left; width: 3.51pt;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;&#x2022;&lt;/span&gt;&lt;/div&gt; &lt;div style="float: left; line-height: 12.02pt; margin-left: 25.49pt; text-align: left; width: 482.00pt;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;imperfect correlation between the price of derivatives and movements in the prices of the securities being hedged;&lt;/span&gt;&lt;/div&gt; &lt;/div&gt; &lt;div style="clear: both; position: relative;"/&gt; &lt;/div&gt;  &lt;div&gt; &lt;div style="clear: both; margin-top: 9.70pt; position: relative; width: 100%;"&gt; &lt;div style="float: left; line-height: 12.02pt; text-align: left; width: 3.51pt;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;&#x2022;&lt;/span&gt;&lt;/div&gt; &lt;div style="float: left; line-height: 12.02pt; margin-left: 25.49pt; text-align: left; width: 482.00pt;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;the fact that skills needed to use these strategies are different from those needed to select portfolio securities;&lt;/span&gt;&lt;/div&gt; &lt;/div&gt; &lt;div style="clear: both; position: relative;"/&gt; &lt;/div&gt;  &lt;div&gt; &lt;div style="clear: both; margin-top: 9.70pt; position: relative; width: 100%;"&gt; &lt;div style="float: left; line-height: 12.02pt; text-align: left; width: 3.51pt;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;&#x2022;&lt;/span&gt;&lt;/div&gt; &lt;div style="float: left; line-height: 12.02pt; margin-left: 25.49pt; text-align: left; width: 482.00pt;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;the possible absence of a liquid secondary market for any particular instrument at any time;&lt;/span&gt;&lt;/div&gt; &lt;/div&gt; &lt;div style="clear: both; position: relative;"/&gt; &lt;/div&gt;  &lt;div&gt; &lt;div style="clear: both; margin-top: 9.70pt; position: relative; width: 100%;"&gt; &lt;div style="float: left; line-height: 12.02pt; text-align: left; width: 3.51pt;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;&#x2022;&lt;/span&gt;&lt;/div&gt; &lt;div style="float: left; line-height: 12.02pt; margin-left: 25.49pt; text-align: left; width: 482.00pt;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;the possible need to defer closing out certain hedged positions to avoid adverse tax consequences;&lt;/span&gt;&lt;/div&gt; &lt;/div&gt; &lt;div style="clear: both; position: relative;"/&gt; &lt;/div&gt;  &lt;div&gt; &lt;div style="clear: both; margin-top: 9.70pt; position: relative; width: 100%;"&gt; &lt;div style="float: left; line-height: 12.02pt; text-align: left; width: 3.51pt;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;&#x2022;&lt;/span&gt;&lt;/div&gt; &lt;div style="float: left; line-height: 12.02pt; margin-left: 25.49pt; text-align: justify; width: 482.00pt;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;the possible inability of the Fund to purchase or sell a security at a time that otherwise would be favorable for it to do so, &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;or the possible need for the Fund to sell a security at a disadvantageous time due to a need for the Fund to maintain &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;&#x201c;cover&#x201d; or to segregate securities in connection with the hedging techniques; and&lt;/span&gt;&lt;/div&gt; &lt;/div&gt; &lt;div style="clear: both; position: relative;"/&gt; &lt;/div&gt;  &lt;div&gt; &lt;div style="clear: both; margin-top: 9.70pt; position: relative; width: 100%;"&gt; &lt;div style="float: left; line-height: 12.02pt; text-align: left; width: 3.51pt;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;&#x2022;&lt;/span&gt;&lt;/div&gt; &lt;div style="float: left; line-height: 12.02pt; margin-left: 25.49pt; text-align: left; width: 482.00pt;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;the creditworthiness of counterparties.&lt;/span&gt;&lt;/div&gt; &lt;/div&gt; &lt;div style="clear: both; position: relative;"/&gt; &lt;/div&gt;  &lt;div style="line-height: 12.02pt; margin-top: 9.70pt; text-align: left;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-style: italic; margin-left: 29pt;"&gt;Futures Transactions Risk&lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;. The Fund may invest in futures contracts and options on futures contracts. Futures and options &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;on futures entail certain risks, including but not limited to the following:&lt;/span&gt;&lt;/div&gt;  &lt;div&gt; &lt;div style="clear: both; margin-top: 9.70pt; position: relative; width: 100%;"&gt; &lt;div style="float: left; line-height: 12.02pt; text-align: left; width: 3.51pt;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;&#x2022;&lt;/span&gt;&lt;/div&gt; &lt;div style="float: left; line-height: 12.02pt; margin-left: 25.49pt; text-align: left; width: 482.00pt;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;no assurance that futures contracts or options on futures can be offset at favorable prices;&lt;/span&gt;&lt;/div&gt; &lt;/div&gt; &lt;div style="clear: both; position: relative;"/&gt; &lt;/div&gt;  &lt;div&gt; &lt;div style="clear: both; margin-top: 9.70pt; position: relative; width: 100%;"&gt; &lt;div style="float: left; line-height: 12.02pt; text-align: left; width: 3.51pt;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;&#x2022;&lt;/span&gt;&lt;/div&gt; &lt;div style="float: left; line-height: 12.02pt; margin-left: 25.49pt; text-align: left; width: 482.00pt;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;possible reduction of the return of the Fund due to their use for hedging;&lt;/span&gt;&lt;/div&gt; &lt;/div&gt; &lt;div style="clear: both; position: relative;"/&gt; &lt;/div&gt;  &lt;div&gt; &lt;div style="clear: both; margin-top: 9.71pt; position: relative; width: 100%;"&gt; &lt;div style="float: left; line-height: 12.02pt; text-align: left; width: 3.51pt;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;&#x2022;&lt;/span&gt;&lt;/div&gt; &lt;div style="float: left; line-height: 12.02pt; margin-left: 25.49pt; text-align: left; width: 482.00pt;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;possible reduction in value of both the securities hedged and the hedging instrument;&lt;/span&gt;&lt;/div&gt; &lt;/div&gt; &lt;div style="clear: both; position: relative;"/&gt; &lt;/div&gt;  &lt;div&gt; &lt;div style="clear: both; margin-top: 9.70pt; position: relative; width: 100%;"&gt; &lt;div style="float: left; line-height: 12.02pt; text-align: left; width: 3.51pt;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;&#x2022;&lt;/span&gt;&lt;/div&gt; &lt;div style="float: left; line-height: 12.02pt; margin-left: 25.49pt; text-align: justify; width: 482.00pt;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;possible lack of liquidity, trading restrictions or limitations that may be imposed by an exchange, and the potential that &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;government regulations may restrict trading&lt;/span&gt;&lt;/div&gt; &lt;/div&gt; &lt;div style="clear: both; position: relative;"/&gt; &lt;/div&gt;  &lt;div&gt; &lt;div style="clear: both; margin-top: 9.70pt; position: relative; width: 100%;"&gt; &lt;div style="float: left; line-height: 12.02pt; text-align: left; width: 3.51pt;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;&#x2022;&lt;/span&gt;&lt;/div&gt; &lt;div style="float: left; line-height: 12.02pt; margin-left: 25.49pt; text-align: left; width: 482.00pt;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;imperfect correlation between the contracts and the securities being hedged; and&lt;/span&gt;&lt;/div&gt; &lt;/div&gt; &lt;div style="clear: both; position: relative;"/&gt; &lt;/div&gt;  &lt;div&gt; &lt;div style="clear: both; margin-top: 9.70pt; position: relative; width: 100%;"&gt; &lt;div style="float: left; line-height: 12.02pt; text-align: left; width: 3.51pt;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;&#x2022;&lt;/span&gt;&lt;/div&gt; &lt;div style="float: left; line-height: 12.02pt; margin-left: 25.49pt; text-align: justify; width: 482.00pt;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;losses from investing in futures transactions that are potentially unlimited and the segregation requirements for such &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;transactions.&lt;/span&gt;&lt;/div&gt; &lt;/div&gt; &lt;div style="clear: both; position: relative;"/&gt; &lt;/div&gt;  &lt;div style="line-height: 12.02pt; margin-top: 9.70pt; text-align: left;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;"&gt;Under current regulatory requirements, with respect to futures contracts that are not contractually required to &#x201c;cash-settle,&#x201d;&lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt; the Fund usually must cover its open positions by earmarking or segregating on its records cash or liquid assets equal to &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;the contract&#x2019;s notional value. For futures contracts that are &#x201c;cash-settled,&#x201d; however, the Fund is permitted to earmark or segregate &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;cash or liquid assets in an amount equal to the Fund&#x2019;s next daily marked-to-market (net) obligation, if any (i.e., the Fund&#x2019;s daily &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;net liability) rather than the notional value. By earmarking or designating assets equal to only its net obligation under cash-settled&lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt; futures, the Fund will have the ability to employ leverage to a greater extent than if the Fund were required to earmark or &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;segregate assets equal to the full notional value of such contracts. However, as described above, the SEC adopted a final rule &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;related to the use of derivatives, reverse repurchase agreements and certain other transactions by registered investment &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;companies that will rescind and withdraw the guidance of the SEC and its staff regarding asset segregation and coverage &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;transactions reflected in the Fund&#x2019;s asset segregation and cover practices discussed herein.&lt;/span&gt;&lt;/div&gt;  &lt;div style="line-height: 12.02pt; margin-top: 9.81pt; text-align: left;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-style: italic; margin-left: 29pt;"&gt;Counterparty Risk&lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;. Counterparty risk is the risk that a counterparty to a Fund transaction (e.g., prime brokerage or &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;securities lending arrangement or derivatives transaction) will be unable or unwilling to perform its contractual obligation to the &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;Fund. The Fund is exposed to credit risks that the counterparty may be unwilling or unable to make timely payments or &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;otherwise meet its contractual obligations. If the counterparty becomes bankrupt or defaults on (or otherwise becomes unable or &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;unwilling to perform) its payment or other obligations to the Fund, the Fund may not receive the full amount that it is entitled to &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;receive or may experience delays in recovering the collateral or other assets held by, or on behalf of, the counterparty. If this &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;occurs, or if exercising contractual rights involves delays or costs for the Fund, the value of your shares in the Fund may &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;decrease.&lt;/span&gt;&lt;/div&gt;  &lt;div style="line-height: 12.02pt; margin-top: 10pt; text-align: left;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;"&gt;The Fund bears the risk that counterparties may be adversely affected by legislative or regulatory changes, adverse &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;market conditions (such as the current conditions), increased competition, and/or wide scale credit losses resulting from &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;financial difficulties of the counterparties&#x2019; other trading partners or borrowers.&lt;/span&gt;&lt;/div&gt;  &lt;div style="line-height: 12.02pt; margin-top: 9.80pt; text-align: left;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;"&gt;The counterparty risk for cleared derivatives is generally lower than for uncleared OTC derivatives transactions since &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;generally a clearing organization becomes substituted for each counterparty to a cleared derivative contract and, in effect, &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;guarantees the parties&#x2019; performance under the contract as each party to a trade looks only to the clearing organization for &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;performance of financial obligations under the derivative contract. However, there can be no assurance that a clearing &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;organization, or its members, will satisfy its obligations to the Fund.&lt;/span&gt;&lt;/div&gt;  &lt;div style="line-height: 12.02pt; margin-top: 9.80pt; text-align: left;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-style: italic; margin-left: 29pt;"&gt;Risks Associated with Swaps&lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;. The Fund may enter into swap transactions, including credit default swaps, total return &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;swaps, index swaps, currency swaps, commodity swaps and interest rate swaps, as well as options thereon, and may purchase or &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;sell interest rate caps, floors and collars. The Fund may utilize swap agreements in an attempt to gain exposure to certain &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;securities without purchasing those securities, which is speculative, or to hedge a position.&lt;/span&gt;&lt;/div&gt;  &lt;div style="line-height: 12.02pt; margin-top: 9.90pt; text-align: left;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;"&gt;Risks associated with the use of swap agreements are different from those associated with ordinary portfolio securities &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;transactions, largely due to the fact they could be considered illiquid and many swaps currently trade on the OTC market. If the &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;Sub-Adviser is incorrect in its forecasts of market values, interest rates or currency exchange rates, the investment performance &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;of the Fund may be less favorable than it would have been if these investment techniques were not used. Such transactions are &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;subject to market risk, risk of default by the other party to the transaction and risk of imperfect correlation between the value of &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;such instruments and the underlying assets and may involve commissions or other costs. Swaps generally do not involve the &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;delivery of securities, other underlying assets or principal. Accordingly, the risk of loss with respect to swaps generally is limited &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;to the net amount of payments that the Fund is contractually obligated to make, or in the case of the other party to a swap &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;defaulting, the net amount of payments that the Fund is contractually entitled to receive. Swaps are subject to valuation, liquidity &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;and leveraging risks and could result in substantial losses to the Fund.&lt;/span&gt;&lt;/div&gt;  &lt;div style="line-height: 12.02pt; margin-top: 9.90pt; text-align: left;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;"&gt;Swaps may effectively add leverage to the Fund&#x2019;s portfolio because the Fund would be subject to investment exposure on &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;the full notional amount of the swap. Swaps are subject to the risk that a counterparty will default on its payment obligations to &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;the Fund thereunder.&lt;/span&gt;&lt;/div&gt;  &lt;div style="line-height: 12.02pt; margin-top: 9.90pt; text-align: left;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;"&gt;When the Fund acts as a seller of a credit default swap agreement with respect to a debt security, it is subject to the risk &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;that an adverse credit event may occur with respect to the issuer of the debt security and the Fund may be required to pay the &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;buyer the full notional value of the debt security under the swap net of any amounts owed to the Fund by the buyer under the &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;swap (such as the buyer&#x2019;s obligation to deliver the debt security to the Fund). As a result, the Fund bears the entire risk of loss &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;due to a decline in value of a referenced debt security on a credit default swap it has sold if there is a credit event with respect to &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;the issuer of the security. If the Fund is a buyer of a credit default swap and no credit event occurs, the Fund may recover &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;nothing if the swap is held through its termination date. However, if a credit event occurs, the Fund generally may elect to &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;receive the full notional value of the swap in exchange for an equal face amount of deliverable obligations of the reference entity &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;whose value may have significantly decreased.&lt;/span&gt;&lt;/div&gt;  &lt;div style="line-height: 12.02pt; margin-top: 9.90pt; text-align: left;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;"&gt;The swap market has become more standardized in recent years with a large number of banks and investment banking &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;firms acting both as principals and as agents utilizing standardized swap documentation. As a result, some swaps have become &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;relatively liquid. Although the swap market has become liquid, certain types of derivatives products, such as caps, floors and &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;collars may be less liquid than swaps in general.&lt;/span&gt;&lt;/div&gt;  &lt;div style="line-height: 12.02pt; margin-top: 9.90pt; text-align: left;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;"&gt;Certain standardized swaps are subject to mandatory exchange-trading and/or central clearing. Exchange-trading and &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;central clearing are expected to reduce counterparty credit risk and increase liquidity, but exchange-trading and central clearing &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;do not make swap transactions risk-free. The Dodd-Frank Wall Street Reform and Consumer Protection Act (the &#x201c;Dodd-Frank &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;Act&#x201d;) and related regulatory developments require the clearing and exchange-trading of certain OTC derivative instruments that &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;the CFTC and SEC have defined as &#x201c;swaps.&#x201d; Mandatory exchange-trading and clearing are occurring on a phased-in basis based &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;on CFTC approval of contracts for central clearing. Depending on the Fund&#x2019;s size and other factors, the margin required under &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;the rules of the clearinghouse and by the clearing member may be in excess of the collateral required to be posted by the Fund to &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;support its obligations under a similar bilateral swap. In addition, regulators have developed rules that require trading and &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;execution of the most liquid swaps on trading facilities. Moving trading to an exchange-type system may increase market &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;transparency and liquidity but may require the Fund to incur increased expenses to access the same types of cleared and &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;uncleared swaps. In addition, the CFTC and other applicable regulators have adopted rules imposing certain margin &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;requirements, including minimums, on uncleared swaps which may result in the Fund and its counterparties posting higher &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;margin amounts for uncleared swaps. Recently adopted rules also require centralized reporting of detailed information about &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;many types of cleared and uncleared swaps. Reporting of swap data may result in greater market transparency, but may subject &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;the Fund to additional administrative burdens and the safeguards established to protect trader anonymity may not function as &lt;/span&gt;&lt;/div&gt;  &lt;div style="line-height: 12.02pt; text-align: left;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;expected. The Sub-Adviser will continue to monitor developments in this area, particularly to the extent regulatory changes &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;affect the ability of the Fund to enter into swap agreements. In addition, the CFTC in October 2020 adopted amendments to its &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;position limits rules that establish certain new and amended position limits for 25 specified physical commodity futures and &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;related options contracts traded on exchanges, other futures contracts and related options directly or indirectly linked to such 25 &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;specified contracts, and any OTC transactions that are economically equivalent to the 25 specified contracts.&lt;/span&gt;&lt;/div&gt;  &lt;div style="line-height: 12.02pt; margin-top: 10.30pt; text-align: left;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;"&gt;Further regulatory developments in the swap market may adversely impact the swap market generally or the Fund&#x2019;s &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;ability to use swaps.&lt;/span&gt;&lt;/div&gt; </cef:RiskTextBlock>
    <cef:RiskTextBlock
      contextRef="I20210920_PortfolioTurnoverRiskMember"
      id="t_44_58544c04_0bd8_9c4e_228d_97c9cff6a173"> &lt;div style="line-height: 12.02pt; margin-top: 10.30pt; text-align: left;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-weight: bold;"&gt;Portfolio Turnover Risk&lt;/span&gt;&lt;/div&gt;  &lt;div style="line-height: 12.02pt; margin-top: 10.30pt; text-align: left;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;"&gt;The Fund&#x2019;s annual portfolio turnover rate may vary greatly from year to year. Portfolio turnover rate is not considered a &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;limiting factor in the execution of investment decisions for the Fund. A higher portfolio turnover rate results in correspondingly &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;greater brokerage commissions and other transactional expenses that are borne by the Fund. High portfolio turnover may result &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;in an increased realization of net short-term capital gains by the Fund which, when distributed to Common Shareholders, will be &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;taxable as ordinary income. Additionally, in a declining market, portfolio turnover may create realized capital losses. See &#x201c;U.S. &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;Federal Income Tax Considerations.&#x201d;&lt;/span&gt;&lt;/div&gt; </cef:RiskTextBlock>
    <cef:RiskTextBlock
      contextRef="I20210920_USGovernmentSecuritiesRiskMember"
      id="t_45_c4e70901_8c2a_b3e3_e0d0_599eeeeb65cd"> &lt;div style="line-height: 12.02pt; margin-top: 10.29pt; text-align: left;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-weight: bold;"&gt;U.S. Government Securities Risk&lt;/span&gt;&lt;/div&gt;  &lt;div style="line-height: 12.02pt; margin-top: 10.30pt; text-align: left;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;"&gt;Different types of U.S. government securities have different relative levels of credit risk depending on the nature of the &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;particular government support for that security. U.S. government securities may be supported by: (i)&#160;the full faith and credit of &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;the United States government; (ii)&#160;the ability of the issuer to borrow from the U.S. Treasury; (iii)&#160;the credit of the issuing agency, &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;instrumentality or government-sponsored entity (&#x201c;GSE&#x201d;); (iv)&#160;pools of assets (e.g., mortgage-backed securities); or (v)&#160;the &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;United States in some other way. &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;The U.S. government and its agencies and instrumentalities do not guarantee the market value &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;of their securities, which may fluctuate in value and are subject to investment risks, and certain U.S. government securities may &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;not be backed by the full faith and credit of the United States government. The value of U.S. government obligations may be &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;adversely affected by changes in interest rates. It is possible that the issuers of some U.S. government securities will not have the &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;funds to timely meet their payment obligations in the future and there is a risk of default. For certain agency and GSE issued &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;securities, there is no guarantee the U.S. government will support the agency or GSE if it is unable to meet its obligations.&lt;/span&gt;&lt;/div&gt; </cef:RiskTextBlock>
    <cef:RiskTextBlock
      contextRef="I20210920_LegislationAndRegulationRiskMember"
      id="t_46_ac0d25ac_812d_9e4e_6cb9_c4199401d579"> &lt;div style="line-height: 12.02pt; margin-top: 10.29pt; text-align: left;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-weight: bold;"&gt;Legislation and Regulation Risk&lt;/span&gt;&lt;/div&gt;  &lt;div style="line-height: 12.02pt; margin-top: 10.30pt; text-align: left;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;"&gt;At any time after the date hereof, U.S. and non-U.S. governmental agencies and other regulators may implement &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;additional regulations and legislators may pass new laws that affect the investments held by the Fund, the strategies used by the &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;Fund or the level of regulation or taxation applying to the Fund (such as regulations related to investments in derivatives and &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;other transactions). These regulations and laws impact the investment strategies, performance, costs and operations of the Fund, &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;as well as the way investments in, and shareholders of, the Fund are taxed.&lt;/span&gt;&lt;/div&gt; </cef:RiskTextBlock>
    <cef:RiskTextBlock
      contextRef="I20210920_LIBORReplacementRiskMember"
      id="t_47_662ffefc_a6a5_11b8_b729_fd5a2097f6cd"> &lt;div style="line-height: 12.02pt; margin-top: 10.29pt; text-align: left;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-weight: bold;"&gt;LIBOR Replacement Risk&lt;/span&gt;&lt;/div&gt;  &lt;div style="line-height: 12.02pt; margin-top: 10.30pt; text-align: left;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;"&gt;The terms of many investments, financings or other transactions in the U.S. and globally have been historically tied to &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;interbank reference rates (referred to collectively as the &#x201c;London Interbank Offered Rate&#x201d; or &#x201c;LIBOR&#x201d;), which function as a &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;reference rate or benchmark for such investments, financings or other transactions. &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;LIBOR may be a significant factor in &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;determining payment obligations under derivatives transactions, the cost of financing of Fund investments or the value or return &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;on certain other Fund investments. As a result, LIBOR may be relevant to, and directly affect, the Fund&#x2019;s performance.&lt;/span&gt;&lt;/div&gt;  &lt;div style="line-height: 12.02pt; margin-top: 10.30pt; text-align: left;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;"&gt;On July 27, 2017, the Chief Executive of the Financial Conduct Authority (&#x201c;FCA&#x201d;), the United Kingdom&#x2019;s financial &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;regulatory body and regulator of LIBOR, announced that after 2021 it will cease its active encouragement of banks to provide &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;the quotations needed to sustain LIBOR due to the absence of an active market for interbank unsecured lending and other &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;reasons. On March&#160;5, 2021, the FCA and the LIBOR administrator announced that most tenors and settings of LIBOR will be &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;officially discontinued on December&#160;31, 2021 and the most widely used U.S. dollar LIBOR tenors will be discontinued on &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;June&#160;30, 2023 and that such LIBOR rates will no longer be sufficiently robust to be representative of their underlying markets &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;around that time. Various financial industry groups have begun planning for that transition and certain regulators and industry &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;groups have taken actions to establish alternative reference rates (e.g., the Secured Overnight Financing Rate, which measures &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;the cost of overnight borrowings through repurchase agreement transactions collateralized with U.S. Treasury securities and is &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;intended to replace U.S. dollar LIBOR with certain adjustments). However, there are challenges to converting contracts and &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;transactions to a new benchmark and neither the full effects of the transition process nor its ultimate outcome is known.&lt;/span&gt;&lt;/div&gt;  &lt;div style="line-height: 12.02pt; margin-top: 10pt; text-align: left;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;"&gt;The transition process might lead to increased volatility and illiquidity in markets for instruments with terms tied to &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;LIBOR. It could also lead to a reduction in the interest rates on, and the value of, some LIBOR-based investments and reduce &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;the effectiveness of hedges mitigating risk in connection with LIBOR-based investments. Although some LIBOR-based &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;instruments may contemplate a scenario where LIBOR is no longer available by providing for an alternative rate-setting &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;methodology or increased costs for certain LIBOR-related instruments or financing transactions, others may not have such &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;provisions and there may be significant uncertainty regarding the effectiveness of any such alternative methodologies. &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;Instruments that include robust fallback provisions to facilitate the transition from LIBOR to an alternative reference rate may &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;also include adjustments that do not adequately compensate the holder for the different characteristics of the alternative &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;reference rate. The result may be that the fallback provision results in a value transfer from one party to the instrument to the &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;counterparty. Additionally, because such provisions may differ across instruments (e.g., hedges versus cash positions hedged), &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;LIBOR&#x2019;s cessation may give rise to basis risk and render hedges less effective. As the usefulness of LIBOR as a benchmark &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;could deteriorate during the transition period, these effects and related adverse conditions could occur prior to the end of some &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;LIBOR tenors in 2021 or the remaining LIBOR tenors in mid-2023. There also remains uncertainty and risk regarding the &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;willingness and ability of issuers to include enhanced provisions in new and existing contracts or instruments. The effect of any &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;changes to, or discontinuation of, LIBOR on the Fund will vary depending, among other things, on (1) existing fallback or &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;termination provisions in individual contracts and the possible renegotiation of existing contracts and (2) whether, how, and &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;when industry participants develop and adopt new reference rates and fallbacks for both legacy and new products and &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;instruments. Fund investments may also be tied to other interbank offered rates and currencies, which also will face similar &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;issues. In many cases, in the event that an instrument falls back to an alternative reference rate, including the Secured Overnight &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;Financing Rate (&#x201c;SOFR&#x201d;), the alternative reference rate will not perform the same as LIBOR because the alternative reference &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;rates do not include a credit sensitive component in the calculation of the rate. The alternative reference rates are generally &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;secured by U.S. treasury securities and will reflect the performance of the market for U.S. treasury securities and not the inter-bank&lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt; lending markets. In the event of a credit crisis, floating rate instruments using alternative reference rates could therefore &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;perform differently than those instruments using a rate indexed to the inter-bank lending market.&lt;/span&gt;&lt;/div&gt;  &lt;div style="line-height: 12.02pt; margin-top: 10.30pt; text-align: left;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;"&gt;The state of New York recently adopted legislation that would require LIBOR-based contracts that do not include a &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;fallback to a rate other than LIBOR or an inter-bank quotation poll to use a SOFR-based rate plus a spread adjustment. Pending &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;legislation in the U.S. Congress may also affect the transition of LIBOR-based instruments as well by permitting trustees and &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;calculation agents to transition instruments with no LIBOR transition language to an alternative reference rate selected by such &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;agents. The New York statute and the federal legislative proposal includes safe harbors from liability, which may limit the &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;recourse the Fund may have if the alternative reference rate does not fully compensate the Fund for the transition of an &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;instrument from LIBOR. If enacted, the federal legislation may also preempt the New York statute, which may create uncertainty &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;to the extent a party has sought to rely on the New York statute to select a replacement benchmark rate.&lt;/span&gt;&lt;/div&gt;  &lt;div style="line-height: 12.02pt; margin-top: 10.30pt; text-align: left;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;"&gt;These developments could negatively affect financial markets in general and present heightened risks, including with &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;respect to the Fund&#x2019;s investments. As a result of this uncertainty and developments relating to the transition process, the Fund &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;and its investments may be adversely affected.&lt;/span&gt;&lt;/div&gt; </cef:RiskTextBlock>
    <cef:RiskTextBlock
      contextRef="I20210920_RecentMarketDevelopmentsRiskMember"
      id="t_48_81a1dd23_d00a_a295_899d_85ceea058e66"> &lt;div style="line-height: 12.02pt; margin-top: 10.30pt; text-align: left;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-weight: bold;"&gt;Recent Market Developments Risk&lt;/span&gt;&lt;/div&gt;  &lt;div style="line-height: 12.02pt; margin-top: 10.29pt; text-align: left;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;"&gt;Periods of market volatility remain, and may continue to occur in the future, in response to various political, social, &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;economic and public health events both within and outside of the United States. &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;These conditions have resulted in, and in many &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;cases continue to result in, greater price volatility, less liquidity, widening credit spreads and a lack of price transparency, with &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;certain securities remaining illiquid and of uncertain value. Such market conditions may adversely affect the Fund, including by &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;making valuation of some of the Fund&#x2019;s securities uncertain and/or result in sudden and significant valuation increases or &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;declines in the Fund&#x2019;s holdings. If there is a significant decline in the value of the Fund&#x2019;s portfolio, this may impact the asset &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;coverage levels for the Fund&#x2019;s outstanding leverage.&lt;/span&gt;&lt;/div&gt;  &lt;div style="line-height: 12.02pt; margin-top: 10.30pt; text-align: left;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;Risks resulting from any future debt or other economic or public health crisis could also have a detrimental impact on the global &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;economic recovery, the financial condition of financial institutions and the Fund&#x2019;s business, financial condition and results of &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;operation. Market and economic disruptions have affected, and may in the future affect, consumer confidence levels and &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;spending, personal bankruptcy rates, levels of incurrence and default on consumer debt and home prices, among other factors. &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;To the extent uncertainty regarding the U.S. or global economy negatively impacts consumer confidence and consumer credit &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;factors, the Fund&#x2019;s business, financial condition and results of operations could be significantly and adversely affected. &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;Downgrades to the credit ratings of major banks could result in increased borrowing costs for such banks and negatively affect &lt;/span&gt;&lt;/div&gt;  &lt;div style="line-height: 12.02pt; text-align: left;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;the broader economy. Moreover, Federal Reserve policy, including with respect to certain interest rates, may also adversely &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;affect the value, volatility and liquidity of dividend- and interest-paying securities. Market volatility, rising interest rates and/or &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;unfavorable economic conditions could impair the Fund&#x2019;s ability to achieve its investment objective.&lt;/span&gt;&lt;/div&gt;  &lt;div style="line-height: 12.02pt; margin-top: 10.39pt; text-align: left;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;"&gt;The outbreak of COVID-19 and the current recovery underway has caused disruption to consumer demand and economic &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;output and supply chains. There are still travel restrictions and quarantines, and adverse impacts on local and global economies. &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;As with other serious economic disruptions, governmental authorities and regulators have in the past responded (and may in the &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;future respond to similar crises) to this crisis with significant fiscal and monetary policy changes, including by providing direct &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;capital infusions into companies, introducing new monetary programs and considerably lowering interest rates, which, in some &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;cases resulted in negative interest rates and higher inflation. These actions, including their possible unexpected or sudden &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;reversal or potential ineffectiveness, could further increase volatility in securities and other financial markets, reduce market &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;liquidity, continue to cause higher inflation, heighten investor uncertainty and adversely affect the value of the Fund&#x2019;s &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;investments and the performance of the Fund.&lt;/span&gt;&lt;/div&gt; </cef:RiskTextBlock>
    <cef:RiskTextBlock
      contextRef="I20210920_IncreasingGovernmentAndOtherPublicDebtRiskMember"
      id="t_49_92a7afda_c6cf_01df_f851_28f46e57773d"> &lt;div style="line-height: 12.02pt; margin-top: 10.29pt; text-align: left;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-weight: bold;"&gt;Increasing Government and other Public Debt Risk&lt;/span&gt;&lt;/div&gt;  &lt;div style="line-height: 12.02pt; margin-top: 10.30pt; text-align: left;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;"&gt;Government and other public debt, including municipal obligations in which the Fund may invest, can be adversely &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;affected by large and sudden changes in local and global economic conditions that result in increased debt levels. &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;Although high &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;levels of government and other public debt do not necessarily indicate or cause economic problems, high levels of debt may &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;create certain systemic risks if sound debt management practices are not implemented. A high debt level may increase market &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;pressures to meet an issuer&#x2019;s funding needs, which may increase borrowing costs and cause a government or public or municipal &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;entity to issue additional debt, thereby increasing the risk of refinancing. A high debt level also raises concerns that the issuer &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;may be unable or unwilling to repay the principal or interest on its debt, which may adversely impact instruments held by the &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;Fund that rely on such payments. Extraordinary governmental and quasigovernmental responses to the current economic, &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;market, labor and public health conditions are significantly increasing government and other public debt, which heighten these &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;risks and the long term consequences of these actions are not known. Unsustainable debt levels can decline the valuation of &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;currencies, and can prevent a government from implementing effective counter-cyclical fiscal policy during economic &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;downturns or can lead to increases in inflation or generate or contribute to an economic downturn.&lt;/span&gt;&lt;/div&gt; </cef:RiskTextBlock>
    <cef:RiskTextBlock
      contextRef="I20210920_MunicipalSecuritiesRiskMember"
      id="t_50_78555940_d984_ae03_099d_9f3fae9e0c9b"> &lt;div style="line-height: 12.02pt; margin-top: 10.30pt; text-align: left;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-weight: bold;"&gt;Municipal Securities Risk&lt;/span&gt;&lt;/div&gt;  &lt;div style="line-height: 12.02pt; margin-top: 10.30pt; text-align: left;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;"&gt;Municipal securities are subject to a variety of risks, including credit, interest, prepayment, liquidity, and valuation risks. &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;In addition, municipal securities can be adversely affected by (i) unfavorable legislative, political or other developments or &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;events, including natural disasters and public health conditions, and (ii) changes in the economic and fiscal conditions of issuers &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;of municipal securities or the federal government (in cases where it provides financial support to such issuers). Municipal &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;securities may be fully or partially backed by the taxing authority or revenue of a local government, the credit of a private issuer, &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;or the current or anticipated revenues from a specific project, which may be adversely affected as a result of economic and &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;public health conditions. &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;Certain sectors of the municipal bond market have special risks that can affect them more significantly &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;than the market as a whole. Because many municipal instruments are issued to finance similar projects (such as education, &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;health care, transportation and utilities), conditions in these industries can significantly affect the overall municipal market. &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;Municipal securities that are insured may be adversely affected by developments relevant to that particular insurer, or more &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;general developments relevant to the market as a whole. Municipal securities can be difficult to value and be less liquid than &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;other investments, which may affect performance.&lt;/span&gt;&lt;/div&gt;  &lt;div style="line-height: 12.02pt; margin-top: 10.30pt; text-align: left;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;"&gt;Investments in municipal securities are subject to risks associated with the financial health of the issuers of such &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;securities or the revenue associated with underlying projects. For example, the current COVID-19 pandemic has significantly &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;stressed the financial resources of many municipalities and other issuers of municipal securities, which may impair their ability &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;to meet their financial obligations and may harm the value or liquidity of the Fund&#x2019;s investments in municipal securities. In &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;particular, responses by municipalities and other governmental authorities to the COVID-19 pandemic have caused disruptions &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;in business and other activities. These and other effects of the COVID-19 pandemic, such as increased unemployment levels, &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;have impacted tax and other revenues of municipalities and other issuers of municipal securities and the financial conditions of &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;such issuers. In addition, in response to the COVID-19 pandemic, governmental authorities and regulators have enacted and are &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;enacting significant fiscal and monetary policy changes, which present heightened risks to municipal securities, and such risks &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;could be even further heightened if these actions are unexpectedly or suddenly discontinued, disrupted, reversed or are &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;ineffective in achieving their desired outcomes or lead to increases in inflation. Furthermore, governmental authorities have &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;proposed various forms of relief for municipal issuers. As a result, there is an increased budgetary and financial pressure on &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;municipalities and other issuers of municipal securities and heightened risk of default or other adverse credit or similar events &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;for issuers of municipal securities, which would adversely impact the Fund&#x2019;s investments.&lt;/span&gt;&lt;/div&gt; </cef:RiskTextBlock>
    <cef:RiskTextBlock
      contextRef="I20210920_WhenIssuedAndDelayedDeliveryTransactionsRiskMember"
      id="t_51_4206c914_9c88_27b8_08dc_fd892654dcf4"> &lt;div style="line-height: 12.02pt; margin-top: 10pt; text-align: left;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-weight: bold;"&gt;When-Issued and Delayed Delivery Transactions Risk&lt;/span&gt;&lt;/div&gt;  &lt;div style="line-height: 12.02pt; margin-top: 9.80pt; text-align: left;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;"&gt;Securities purchased on a when-issued or delayed delivery basis may expose the Fund to counterparty risk of default as &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;well as the risk that securities may experience fluctuations in value prior to their actual delivery. The Fund generally will not &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;accrue income with respect to a when-issued or delayed delivery security prior to its stated delivery date. Purchasing securities &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;on a when-issued or delayed delivery basis can involve the additional risk that the price or yield available in the market when the &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;delivery takes place may not be as favorable as that obtained in the transaction itself.&lt;/span&gt;&lt;/div&gt; </cef:RiskTextBlock>
    <cef:RiskTextBlock
      contextRef="I20210920_ShortSalesRiskMember"
      id="t_52_8d9c9295_d7e0_7675_fe51_45265ab411e8"> &lt;div style="line-height: 12.02pt; margin-top: 9.80pt; text-align: left;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-weight: bold;"&gt;Short Sales Risk&lt;/span&gt;&lt;/div&gt;  &lt;div style="line-height: 12.02pt; margin-top: 9.80pt; text-align: left;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;"&gt;The Fund may make short sales of securities. Short selling a security involves selling a borrowed security with the &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;expectation that the value of that security will decline, so that the security may be purchased at a lower price when returning the &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;borrowed security.&lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt; If the price of the security sold short increases between the time of the short sale and the time the Fund &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;replaces the borrowed security, the Fund will incur a loss; conversely, if the price declines, the Fund will realize a capital gain. &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;Any gain will be decreased, and any loss will be increased, by the transaction costs incurred by the Fund, including the costs &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;associated with providing collateral to the broker-dealer (usually cash and liquid securities) and the maintenance of collateral &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;with its custodian. Although the Fund&#x2019;s gain is limited to the price at which it sold the security short, its potential loss is &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;theoretically unlimited and is greater than a direct investment in the security itself because the price of the borrowed or reference &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;security may rise. The Fund may not always be able to close out a short position at a particular time or at an acceptable price. A &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;lender may request that borrowed securities be returned to it on short notice, and the Fund may have to buy the borrowed &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;securities at an unfavorable price, resulting in a loss. The Fund may have to pay a premium to borrow the securities and must pay &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;any dividends or interest payable on the securities until they are replaced, which will be expenses of the Fund. Short sales also &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;subject the Fund to risks related to the lender (such as bankruptcy risks) or the general risk that the lender does not comply with &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;its obligations. Government actions also may affect the Fund&#x2019;s ability to engage in short selling. The use of physical short sales &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;is typically more expensive than gaining short exposure through derivatives.&lt;/span&gt;&lt;/div&gt; </cef:RiskTextBlock>
    <cef:RiskTextBlock
      contextRef="I20210920_RepurchaseAgreementRiskMember"
      id="t_53_a804e347_7249_3a2e_a805_fe47f01bc046"> &lt;div style="line-height: 12.02pt; margin-top: 9.80pt; text-align: left;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-weight: bold;"&gt;Repurchase Agreement Risk&lt;/span&gt;&lt;/div&gt;  &lt;div style="line-height: 12.02pt; margin-top: 9.80pt; text-align: left;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;"&gt;The Fund may enter into bilateral and tri-party repurchase agreements. In a typical Fund repurchase agreement, the Fund &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;enters into a contract with a broker, dealer, or bank (the &#x201c;counterparty&#x201d; to the transaction) for the purchase of securities or other &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;assets. The counterparty agrees to repurchase the securities or other assets at a specified future date, or on demand, for a price &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;that is sufficient to return to the Fund its original purchase price, plus an additional amount representing the return on the Fund&#x2019;s &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;investment. &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;Such repurchase agreements economically function as a secured loan from the Fund to a counterparty. If the &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;counterparty defaults on the repurchase agreement, the Fund will retain possession of the underlying securities or other assets. If &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;bankruptcy proceedings are commenced with respect to the seller, realization on the collateral by the Fund may be delayed or &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;limited and the Fund may incur additional costs. In such case, the Fund will be subject to risks associated with changes in &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;market value of the collateral securities or other assets. Each Fund intends to enter into repurchase agreements only with &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;brokers, dealers, or banks or other permitted counterparties after the Adviser (or Sub-Adviser) evaluates the creditworthiness of &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;the counterparty. The Fund will not enter into repurchase agreements with the Investment Adviser or Sub-Adviser or their &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;affiliates. Except as described elsewhere in this SAI and as provided under applicable law, the Fund may enter into repurchase &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;agreements without limitation.&lt;/span&gt;&lt;/div&gt;  &lt;div style="line-height: 12.02pt; margin-top: 9.90pt; text-align: left;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;"&gt;Repurchase agreements collateralized fully by cash items, U.S. government securities or by securities issued by an issuer &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;that the Fund&#x2019;s Board of Trustees, or its delegate, has determined at the time the repurchase agreement is entered into has an &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;exceptionally strong capacity to meet its financial obligations (&#x201c;Qualifying Collateral&#x201d;) and meet certain liquidity standards &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;generally may be deemed to be &#x201c;collateralized fully&#x201d; and may be deemed to be investments in the underlying securities for &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;certain purposes. The Fund may accept collateral other than Qualifying Collateral determined by the Investment Adviser or Sub-Adviser&lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt; to be in the best interests of the Fund to accept as collateral for such repurchase agreement (which may include high &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;yield debt instruments that are rated below investment grade) (&#x201c;Alternative Collateral&#x201d;). Repurchase agreements secured by &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;Alternative Collateral are not deemed to be &#x201c;collateralized fully&#x201d; under applicable regulations and the repurchase agreement is &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;therefore considered a separate security issued by the counterparty to the Fund. Accordingly, the Fund must include repurchase &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;agreements that are not &#x201c;collateralized fully&#x201d; in its calculations of securities issued by the selling institution held by the Fund for &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;purposes of various portfolio diversification and concentration requirements applicable to the Fund. In addition, Alternative &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;Collateral may not qualify as permitted or appropriate investments for the Fund under the Fund&#x2019;s investment strategies and &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;limitations. Accordingly, if a counterparty to a repurchase agreement defaults and the Fund takes possession of Alternative &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;Collateral, the Fund may need to promptly dispose of the Alternative Collateral (or other securities held by the Fund, if the Fund &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;exceeds a limitation on a permitted investment by virtue of taking possession of the Alternative Collateral). The Alternative &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;Collateral may be particularly illiquid, especially in times of market volatility or in the case of a counterparty insolvency or &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;bankruptcy, which may restrict the Fund&#x2019;s ability to dispose of Alternative Collateral received from the counterparty. Depending &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;on the terms of the repurchase agreement, the Fund may determine to sell the collateral during the term of the repurchase &lt;/span&gt;&lt;/div&gt;  &lt;div style="line-height: 12.02pt; text-align: left;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;agreement and then purchase the same collateral at the market price at the time of the resale. (See &#x201c;Short Sales&#x201d;). In tri-party &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;repurchase agreements, an unaffiliated third party custodian maintains accounts to hold collateral for the Fund and its &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;counterparties and, therefore, the Fund may be subject to the credit risk of those custodians. Securities subject to repurchase &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;agreements (other than tri-party repurchase agreements) and purchase and sale contracts will be held by the Fund&#x2019;s custodian (or &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;sub-custodian) in the Federal Reserve/Treasury book-entry system or by another authorized securities depository.&lt;/span&gt;&lt;/div&gt; </cef:RiskTextBlock>
    <cef:RiskTextBlock
      contextRef="I20210920_SecuritiesLendingRiskMember"
      id="t_54_8bfbef24_84c7_c7e9_47b7_bbbc59f32f61"> &lt;div style="line-height: 12.02pt; margin-top: 10.30pt; text-align: left;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-weight: bold;"&gt;Securities Lending Risk&lt;/span&gt;&lt;/div&gt;  &lt;div style="line-height: 12.02pt; margin-top: 10.30pt; text-align: left;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;"&gt;The Fund may lend its portfolio securities to banks or dealers which meet the creditworthiness standards established by &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;the Board of Trustees. Securities lending is subject to the risk that loaned securities may not be available to the Fund on a timely &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;basis and the Fund may therefore lose the opportunity to sell the securities at a desirable price. Any loss in the market price of &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;securities loaned by the Fund that occurs during the term of the loan would be borne by the Fund and would adversely affect the &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;Fund&#x2019;s performance. Also, there may be delays in recovery, or no recovery, of securities loaned or even a loss of rights in the &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;collateral should the borrower of the securities fail financially while the loan is outstanding.&lt;/span&gt;&lt;/div&gt; </cef:RiskTextBlock>
    <cef:RiskTextBlock
      contextRef="I20210920_RiskOfFailureToQualifyAsARICMember"
      id="t_55_04d3caa7_0ef4_35fe_2aca_c314efd76f8d"> &lt;div style="line-height: 12.02pt; margin-top: 10.30pt; text-align: left;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-weight: bold;"&gt;Risk of Failure to Qualify as a RIC&lt;/span&gt;&lt;/div&gt;  &lt;div style="line-height: 12.02pt; margin-top: 10.30pt; text-align: left;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;"&gt;To qualify for the favorable U.S. federal income tax treatment generally accorded to RICs, the Fund must, among other &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;things, derive in each taxable year at least 90% of its gross income from certain prescribed sources, meet certain asset &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;diversification tests and distribute for each taxable year at least 90% of its &#x201c;investment company taxable income&#x201d; (generally, &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;ordinary income plus the excess, if any, of net short-term capital gain over net long-term capital loss). If for any taxable year the &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;Fund does not qualify as a RIC, all of its taxable income for that year (including its net capital gain) would be subject to tax at &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;regular corporate rates without any deduction for distributions to shareholders, and such distributions would be taxable as &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;ordinary dividends to the extent of the Fund&#x2019;s current and accumulated earnings and profits.&lt;/span&gt;&lt;/div&gt; </cef:RiskTextBlock>
    <cef:RiskTextBlock
      contextRef="I20210920_ConflictsOfInterestRiskMember"
      id="t_56_bec0a064_20eb_6857_d77f_ee1edb4e7672"> &lt;div style="line-height: 12.02pt; margin-top: 10.29pt; text-align: left;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-weight: bold;"&gt;Conflicts of Interest Risk&lt;/span&gt;&lt;/div&gt;  &lt;div style="line-height: 12.02pt; margin-top: 10.30pt; text-align: left;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;"&gt;Guggenheim Partners is a global asset management and investment advisory organization. Guggenheim Partners and its &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;affiliates advise clients in various markets and transactions and purchase, sell, hold and recommend a broad array of investments &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;for their own accounts and the accounts of clients and of their personnel and the relationships and products they sponsor, &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;manage and advise. &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;Accordingly, Guggenheim Partners and its affiliates may have direct and indirect interests in a variety of &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;global markets and the securities of issuers in which the Fund may directly or indirectly invest. These interests may cause the &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;Fund to be subject to regulatory limits, and in certain circumstances, these various activities may prevent the Fund from &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;participating in an investment decision.&lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; line-height: 12.02pt;"&gt; &lt;/span&gt;&lt;/div&gt;  &lt;div style="line-height: 12.02pt; margin-top: 10.30pt; text-align: left;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;"&gt;An investment in the Fund is subject to a number of actual or potential conflicts of interest. For example, the Adviser and &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;its affiliates are engaged in a variety of business activities that are unrelated to managing the Fund, which may give rise to &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;actual, potential or perceived conflicts of interest in connection with making investment decisions for the Fund. As a result, &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;activities and dealings of Guggenheim Partners and its affiliates may affect the Fund in ways that may disadvantage or restrict &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;the Fund or be deemed to benefit Guggenheim Partners and its affiliates. From time to time, conflicts of interest may arise &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;between a portfolio manager&#x2019;s management of the investments of the Fund on the one hand and the management of other &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;registered investment companies, pooled investment vehicles and other accounts (collectively, &#x201c;other accounts&#x201d;) on the other. &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;The other accounts might have similar investment objectives or strategies as the Fund or otherwise hold, purchase, or sell &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;securities that are eligible to be held, purchased or sold by the Fund. In certain circumstances, and subject to its fiduciary &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;obligations under the Advisers Act and the requirements of the 1940 Act, the Adviser may have to allocate a limited investment &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;opportunity among its clients. The other accounts might also have different investment objectives or strategies than the Fund. In &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;addition, the Fund may be limited in its ability to invest in, or hold securities of, any companies that the Adviser or its affiliates &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;(or other accounts managed by the Adviser or its affiliates) control, or companies in which the Adviser or its affiliates have &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;interests or with whom they do business. For example, affiliates of the Adviser may act as underwriter, lead agent or &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;administrative agent for loans or otherwise participate in the market for loans. Because of limitations imposed by applicable law, &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;the presence of the Adviser&#x2019;s affiliates in the markets for loans may restrict the Fund&#x2019;s ability to acquire some loans or affect the &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;timing or price of such acquisitions. To address these conflicts, the Fund and Guggenheim Partners and its affiliates have &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;established various policies and procedures that are reasonably designed to detect and prevent such conflicts and prevent the &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;Fund from being disadvantaged.&lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; line-height: 12.02pt;"&gt; &lt;/span&gt;&lt;/div&gt;  &lt;div style="line-height: 12.02pt; margin-top: 10.29pt; text-align: left;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;"&gt;There can be no guarantee that these policies and procedures will be successful in every instance. For additional &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;information about potential conflicts of interest, and the way in which the Adviser and its affiliates address such conflicts, please &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;see &#x201c;Management of the Fund&#x2014;Potential Conflicts of Interest&#x201d; in the SAI.&lt;/span&gt;&lt;/div&gt; </cef:RiskTextBlock>
    <cef:RiskTextBlock
      contextRef="I20210920_MarketDisruptionAndGeopoliticalRiskMember"
      id="t_57_f57f6bcb_9587_69bc_1629_ed8c2ae8f9c1"> &lt;div style="line-height: 12.02pt; margin-top: 10pt; text-align: left;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-weight: bold;"&gt;Market Disruption and Geopolitical Risk&lt;/span&gt;&lt;/div&gt;  &lt;div style="line-height: 12.02pt; margin-top: 9.90pt; text-align: left;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;"&gt;The Fund does not know and cannot predict how long the securities markets may be affected by geopolitical events and &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;the effects of these and similar events in the future on the U.S. economy and securities markets. &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;The Fund may be adversely &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;affected by abrogation of international agreements and national laws which have created the market instruments in which the &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;Fund may invest, failure of the designated national and international authorities to enforce compliance with the same laws and &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;agreements, failure of local, national and international organization to carry out their duties prescribed to them under the &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;relevant agreements, revisions of these laws and agreements which dilute their effectiveness or conflicting interpretation of &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;provisions of the same laws and agreements. The Fund may be adversely affected by uncertainties such as terrorism, &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;international political developments, and changes in government policies, taxation, restrictions on foreign investment and &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;currency repatriation, currency fluctuations and other developments in the laws and regulations of the countries in which it is &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;invested and the risks associated with financial, economic, public health, labor and other global market developments and &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;disruptions.&lt;/span&gt;&lt;/div&gt; </cef:RiskTextBlock>
    <cef:RiskTextBlock
      contextRef="I20210920_TechnologyRiskMember"
      id="t_58_cbb780b3_96c9_3ac7_c6a6_62124ccbebb7"> &lt;div style="line-height: 12.02pt; margin-top: 9.90pt; text-align: left;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-weight: bold;"&gt;Technology Risk&lt;/span&gt;&lt;/div&gt;  &lt;div style="line-height: 12.02pt; margin-top: 9.90pt; text-align: left;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;"&gt;As the use of Internet technology has become more prevalent, the Fund and its service providers and markets generally &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;have become more susceptible to potential operational risks related to intentional and unintentional events that may cause the &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;Fund or a service provider to lose proprietary information, suffer data corruption or lose operational capacity. &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;There can be no &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;guarantee that any risk management systems established by the Fund, its service providers, or issuers of the securities in which &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;the Fund invests to reduce technology and cyber security risks will succeed, and the Fund cannot control such systems put in &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;place by service providers, issuers or other third parties whose operations may affect the Fund.&lt;/span&gt;&lt;/div&gt; </cef:RiskTextBlock>
    <cef:RiskTextBlock
      contextRef="I20210920_CyberSecurityMarketDisruptionsAndOperationalRiskMember"
      id="t_59_99f37190_27e0_53bd_5b26_11ef5910828e"> &lt;div style="line-height: 12.02pt; margin-top: 9.90pt; text-align: left;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-weight: bold;"&gt;Cyber Security, Market Disruptions and Operational Risk.&lt;/span&gt;&lt;/div&gt;  &lt;div style="line-height: 12.02pt; margin-top: 10.00pt; text-align: left;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;"&gt;As in other parts of the economy, the Fund and its service providers, as well as exchanges and market participants &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;through or with which the Fund trades and exchanges on which its shares trade and other infrastructures and services on which &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;the Fund or its service providers rely, are susceptible to ongoing risks related to cyber incidents and the risks associated with &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;financial, economic, public health, labor and other global market developments and disruptions. &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;Cyber incidents, which can be &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;perpetrated by a variety of means, may result in actual or potential adverse consequences for critical information and &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;communications technology, systems and networks that are vital to the operations of the Fund or its service providers. A cyber &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;incident or sudden market disruption could adversely impact the Fund, its service providers or its shareholders by, among other &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;things, interfering with the processing of shareholder transactions or other operational functionality, impacting the Fund&#x2019;s ability &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;to calculate its NAV or other data, causing the release of private or confidential information, impeding trading, causing &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;reputational damage, and subjecting the Fund to fines, penalties or financial losses or otherwise adversely affecting the &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;operations, systems and activities of the Fund, its service providers and market intermediaries. These types of adverse &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;consequences could also result from other operational disruptions or failures arising from, for example, processing errors, &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;human errors, and other technological issues. In each case, the Fund&#x2019;s ability to calculate its NAV correctly, in a timely manner &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;or process trades or Fund transactions may be adversely affected, including over a potentially extended period. The Fund and its &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;service providers may directly bear these risks and related costs. The Fund and its service providers are continuing to experience &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;the impacts of quarantines and similar measures being enacted by governments in response to COVID-19, which have &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;obstructed the regular functioning of business workforces (including requiring employees to work from external locations and &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;their homes). Accordingly, the risks described above are heightened under current conditions.&lt;/span&gt;&lt;/div&gt; </cef:RiskTextBlock>
    <cef:RiskTextBlock
      contextRef="I20210920_AntiTakeoverProvisionsRiskMember"
      id="t_60_32b21391_742b_e80f_8073_3009f4b26194"> &lt;div style="line-height: 12.02pt; margin-top: 10.00pt; text-align: left;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; font-weight: bold;"&gt;Anti-Takeover Provisions Risk&lt;/span&gt;&lt;/div&gt;  &lt;div style="line-height: 12.02pt; margin-top: 10.00pt; text-align: left;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt; margin-left: 29pt;"&gt;The Fund&#x2019;s Agreement and Declaration of Trust and Bylaws (collectively the &#x201c;Governing Documents&#x201d;) include &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;provisions that could limit the ability of other entities or persons to acquire control of the Fund or convert the Fund to an open-end&lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt; fund. These provisions could have the effect of depriving the Common Shareholders of opportunities to sell their Common &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;Shares at a premium over the then-current market price of the Common Shares. See &#x201c;Anti-Takeover and Other Provisions in the &lt;/span&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;&lt;span style="color: #000000; font-family: times new roman; font-size: 10.02pt;"&gt;Fund&#x2019;s Governing Documents.&#x201d;&lt;/span&gt; &lt;/span&gt;&lt;/div&gt; </cef:RiskTextBlock>
    <cef:CapitalStockTableTextBlock
      contextRef="DefaultContext"
      id="t_1_d8e4aaf9_5255_d87f_0005_f8553873a621">&lt;div style="line-height:22.02pt;margin-top:12pt;text-align:center;"&gt;&lt;span style="color:#000000;font-family:times new roman;font-size:10.02pt;font-weight:bold;margin-left:0%;text-transform:uppercase"&gt;DESCRIPTION OF CAPITAL STRUCTURE&lt;/span&gt;&lt;/div&gt;&lt;div style="line-height:12.02pt;margin-top:5.30pt;text-align:left;"&gt;&lt;span style="color:#000000;font-family:times new roman;font-size:10.02pt;margin-left:29pt"&gt;The following is a brief description of the terms of the Common Shares, Borrowings and Preferred Shares which may be &lt;/span&gt;&lt;span style="color:#000000;font-family:times new roman;font-size:10.02pt"&gt;issued by the Fund. This description does not purport to be complete and is qualified by reference to the Fund&#x2019;s Governing &lt;/span&gt;&lt;span style="color:#000000;font-family:times new roman;font-size:10.02pt"&gt;Documents.&lt;/span&gt;&lt;/div&gt;&lt;div style="line-height:12.02pt;margin-top:10.30pt;text-align:left;"&gt;&lt;span style="color:#000000;font-family:times new roman;font-size:10.02pt;font-weight:bold"&gt;Common Shares&lt;/span&gt;&lt;/div&gt;&lt;div style="line-height:12.02pt;margin-top:10.30pt;text-align:left;"&gt;&lt;span style="color:#000000;font-family:times new roman;font-size:10.02pt;margin-left:29pt"&gt;The Fund is an unincorporated statutory trust organized under the laws of Delaware pursuant to a Certificate of Trust, &lt;/span&gt;&lt;span style="color:#000000;font-family:times new roman;font-size:10.02pt"&gt;dated as of November 13, 2006. Pursuant to the Fund&#x2019;s Agreement and Declaration of Trust, dated as of November&#160;13, 2006, and &lt;/span&gt;&lt;span style="color:#000000;font-family:times new roman;font-size:10.02pt"&gt;as amended and restated through the date hereof, the Fund is authorized to issue an unlimited number of common shares of &lt;/span&gt;&lt;span style="color:#000000;font-family:times new roman;font-size:10.02pt"&gt;beneficial interest, par value $0.01 per share. &lt;/span&gt;&lt;span style="color:#000000;font-family:times new roman;font-size:10.02pt"&gt;Each Common Share, when issued and paid for in accordance with the terms of &lt;/span&gt;&lt;span style="color:#000000;font-family:times new roman;font-size:10.02pt"&gt;this offering, will be fully paid and non-assessable, except that the Board of Trustees shall have the power to cause shareholders &lt;/span&gt;&lt;span style="color:#000000;font-family:times new roman;font-size:10.02pt"&gt;to pay expenses of the Fund by setting off charges due from shareholders from declared but unpaid dividends or distributions &lt;/span&gt;&lt;span style="color:#000000;font-family:times new roman;font-size:10.02pt"&gt;owed the shareholders and/or by reducing the number of Common Shares owned by each respective shareholder. All Common &lt;/span&gt;&lt;span style="color:#000000;font-family:times new roman;font-size:10.02pt"&gt;Shares are equal as to dividends, assets and voting privileges and have no conversion, preemptive or other subscription rights. &lt;/span&gt;&lt;span style="color:#000000;font-family:times new roman;font-size:10.02pt"&gt;The Fund will send annual and semi-annual reports, including financial statements, to all holders of its shares, as required by &lt;/span&gt;&lt;span style="color:#000000;font-family:times new roman;font-size:10.02pt"&gt;applicable law.&lt;/span&gt;&lt;/div&gt;&lt;div style="line-height:12.02pt;margin-top:10.30pt;text-align:left;"&gt;&lt;span style="color:#000000;font-family:times new roman;font-size:10.02pt;font-style:italic;margin-left:29pt"&gt;Listing and Symbol&lt;/span&gt;&lt;span style="color:#000000;font-family:times new roman;font-size:10.02pt"&gt;. The Fund&#x2019;s Common Shares are listed on the NYSE under the symbol &#x201c;GOF.&#x201d;&lt;/span&gt;&lt;/div&gt;&lt;div style="line-height:12.02pt;margin-top:10.30pt;text-align:left;"&gt;&lt;span style="color:#000000;font-family:times new roman;font-size:10.02pt;font-style:italic;margin-left:29pt"&gt;Voting Rights&lt;/span&gt;&lt;span style="color:#000000;font-family:times new roman;font-size:10.02pt"&gt;. Until any Preferred Shares are issued, holders of the Common Shares will vote as a single class to elect the &lt;/span&gt;&lt;span style="color:#000000;font-family:times new roman;font-size:10.02pt"&gt;Fund&#x2019;s Board of Trustees and on additional matters with respect to which the 1940 Act mandates a vote by the Fund&#x2019;s &lt;/span&gt;&lt;span style="color:#000000;font-family:times new roman;font-size:10.02pt"&gt;shareholders. If Preferred Shares are issued, holders of Preferred Shares will have a right to elect two of the Fund&#x2019;s Trustees, and &lt;/span&gt;&lt;span style="color:#000000;font-family:times new roman;font-size:10.02pt"&gt;will have certain other voting rights. See &#x201c;Anti-Takeover Provisions in the Fund&#x2019;s Governing Documents.&#x201d;&lt;/span&gt;&lt;/div&gt;&lt;div style="line-height:12.02pt;margin-top:10.29pt;text-align:left;"&gt;&lt;span style="color:#000000;font-family:times new roman;font-size:10.02pt;font-style:italic;margin-left:29pt"&gt;Issuance of Additional Common Shares&lt;/span&gt;&lt;span style="color:#000000;font-family:times new roman;font-size:10.02pt"&gt;. The provisions of the 1940 Act generally require that the public offering price &lt;/span&gt;&lt;span style="color:#000000;font-family:times new roman;font-size:10.02pt"&gt;(less underwriting commissions and discounts) of common shares sold by a closed-end investment company must equal or &lt;/span&gt;&lt;span style="color:#000000;font-family:times new roman;font-size:10.02pt"&gt;exceed the net asset value of such company&#x2019;s common shares (calculated within 48 hours of the pricing of such offering), unless &lt;/span&gt;&lt;span style="color:#000000;font-family:times new roman;font-size:10.02pt"&gt;such sale is made with the consent of a majority of its common shareholders and under certain other enumerated circumstances. &lt;/span&gt;&lt;span style="color:#000000;font-family:times new roman;font-size:10.02pt"&gt;The Fund may, from time to time, seek the consent of Common Shareholders to permit the issuance and sale by the Fund of &lt;/span&gt;&lt;span style="color:#000000;font-family:times new roman;font-size:10.02pt"&gt;Common Shares at a price below the Fund&#x2019;s then-current net asset value, subject to certain conditions. If such consent is &lt;/span&gt;&lt;span style="color:#000000;font-family:times new roman;font-size:10.02pt"&gt;obtained, the Fund may, contemporaneous with and in no event more than one year following the receipt of such consent, sell &lt;/span&gt;&lt;span style="color:#000000;font-family:times new roman;font-size:10.02pt"&gt;Common Shares at a price below net asset value in accordance with any conditions adopted in connection with the giving of &lt;/span&gt;&lt;span style="color:#000000;font-family:times new roman;font-size:10.02pt"&gt;such consent. Additional information regarding any consent of Common Shareholders obtained by the Fund and the applicable &lt;/span&gt;&lt;span style="color:#000000;font-family:times new roman;font-size:10.02pt"&gt;conditions imposed on the issuance and sale by the Fund of Common Shares at a price below net asset value will be disclosed in &lt;/span&gt;&lt;span style="color:#000000;font-family:times new roman;font-size:10.02pt"&gt;the Prospectus Supplement relating to any such offering of Common Shares at a price below net asset value. Until such consent &lt;/span&gt;&lt;span style="color:#000000;font-family:times new roman;font-size:10.02pt"&gt;of Common Shareholders, if any, is obtained, the Fund may not sell Common Shares at a price below net asset value. Because &lt;/span&gt;&lt;span style="color:#000000;font-family:times new roman;font-size:10.02pt"&gt;the Fund&#x2019;s advisory fee and sub-advisory fee are based upon average Managed Assets, the Investment Adviser&#x2019;s and the Sub-Adviser&#x2019;s&lt;/span&gt;&lt;span style="color:#000000;font-family:times new roman;font-size:10.02pt"&gt; interests in recommending the issuance and sale of Common Shares at a price below net asset value may conflict with &lt;/span&gt;&lt;span style="color:#000000;font-family:times new roman;font-size:10.02pt"&gt;the interests of the Fund and its Common Shareholders.&lt;/span&gt;&lt;/div&gt;&lt;div style="line-height:12.02pt;margin-top:10.30pt;text-align:left;"&gt;&lt;span style="color:#000000;font-family:times new roman;font-size:10.02pt;font-weight:bold"&gt;Borrowings&lt;/span&gt;&lt;/div&gt;&lt;div style="line-height:12.02pt;margin-top:10.29pt;text-align:left;"&gt;&lt;span style="color:#000000;font-family:times new roman;font-size:10.02pt;margin-left:29pt"&gt;The Fund is permitted, without prior approval of the Common Shareholders, to borrow money. The Fund may issue notes &lt;/span&gt;&lt;span style="color:#000000;font-family:times new roman;font-size:10.02pt"&gt;or other evidence of indebtedness (including bank borrowings or commercial paper) and may secure any such Borrowings by &lt;/span&gt;&lt;span style="color:#000000;font-family:times new roman;font-size:10.02pt"&gt;mortgaging, pledging or otherwise subjecting the Fund&#x2019;s assets as security. In connection with such Borrowings, the Fund may &lt;/span&gt;&lt;span style="color:#000000;font-family:times new roman;font-size:10.02pt"&gt;be required to maintain minimum average balances with the lender or to pay a commitment or other fee to maintain a line of &lt;/span&gt;&lt;span style="color:#000000;font-family:times new roman;font-size:10.02pt"&gt;credit. Any such requirements will increase the cost of borrowing over the stated interest rate.&lt;/span&gt;&lt;/div&gt;&lt;div style="line-height:12.02pt;margin-top:10.30pt;text-align:left;"&gt;&lt;span style="color:#000000;font-family:times new roman;font-size:10.02pt;font-style:italic;margin-left:29pt"&gt;Limitations&lt;/span&gt;&lt;span style="color:#000000;font-family:times new roman;font-size:10.02pt"&gt;. Borrowings by the Fund are subject to certain limitations under the 1940 Act, including the amount of asset &lt;/span&gt;&lt;span style="color:#000000;font-family:times new roman;font-size:10.02pt"&gt;coverage required. In addition, agreements related to the Borrowings may also impose certain requirements, which may be more &lt;/span&gt;&lt;span style="color:#000000;font-family:times new roman;font-size:10.02pt"&gt;stringent than those imposed by the 1940 Act. See &#x201c;Use of Financial Leverage&#x201d; and &#x201c;Risks&#x2014;Financial Leverage and Leveraged &lt;/span&gt;&lt;span style="color:#000000;font-family:times new roman;font-size:10.02pt"&gt;Transactions Risk.&#x201d;&lt;/span&gt;&lt;/div&gt;&lt;div style="line-height:12.02pt;margin-top:10.30pt;text-align:left;"&gt;&lt;span style="color:#000000;font-family:times new roman;font-size:10.02pt;font-style:italic;margin-left:29pt"&gt;Distribution Preference&lt;/span&gt;&lt;span style="color:#000000;font-family:times new roman;font-size:10.02pt"&gt;. The rights of lenders to the Fund to receive interest on, and repayment of, principal of any such &lt;/span&gt;&lt;span style="color:#000000;font-family:times new roman;font-size:10.02pt"&gt;Borrowings will be senior to those of the Common Shareholders, and the terms of any such Borrowings may contain provisions &lt;/span&gt;&lt;span style="color:#000000;font-family:times new roman;font-size:10.02pt"&gt;which limit certain activities of the Fund, including the payment of dividends to Common Shareholders in certain circumstances.&lt;/span&gt;&lt;/div&gt;&lt;div style="line-height:12.02pt;margin-top:10pt;text-align:left;"&gt;&lt;span style="color:#000000;font-family:times new roman;font-size:10.02pt;font-style:italic;margin-left:29pt"&gt;Voting Rights&lt;/span&gt;&lt;span style="color:#000000;font-family:times new roman;font-size:10.02pt"&gt;. The 1940 Act does (in certain circumstances) grant to the lenders to the Fund certain voting rights in the &lt;/span&gt;&lt;span style="color:#000000;font-family:times new roman;font-size:10.02pt"&gt;event of default in the payment of interest on, or repayment of, principal. Any Borrowings will likely be ranked senior or equal &lt;/span&gt;&lt;span style="color:#000000;font-family:times new roman;font-size:10.02pt"&gt;to all other existing and future borrowings of the Fund.&lt;/span&gt;&lt;/div&gt;&lt;div style="line-height:12.02pt;margin-top:9.90pt;text-align:left;"&gt;&lt;span style="color:#000000;font-family:times new roman;font-size:10.02pt;font-weight:bold"&gt;Preferred Shares&lt;/span&gt;&lt;/div&gt;&lt;div style="line-height:12.02pt;margin-top:9.90pt;text-align:left;"&gt;&lt;span style="color:#000000;font-family:times new roman;font-size:10.02pt;margin-left:29pt"&gt;The Fund&#x2019;s Governing Documents provide that the Board of Trustees may authorize and issue preferred shares with &lt;/span&gt;&lt;span style="color:#000000;font-family:times new roman;font-size:10.02pt"&gt;rights as determined by the Board of Trustees, by action of the Board of Trustees without prior approval of the holders of the &lt;/span&gt;&lt;span style="color:#000000;font-family:times new roman;font-size:10.02pt"&gt;Common Shares.&lt;/span&gt;&lt;span style="color:#000000;font-family:times new roman;font-size:10.02pt"&gt; Common Shareholders have no preemptive right to purchase any preferred shares that might be issued. Under &lt;/span&gt;&lt;span style="color:#000000;font-family:times new roman;font-size:10.02pt"&gt;the 1940 Act, the Fund may not issue Preferred Shares if, immediately after issuance, the Fund would have asset coverage (as &lt;/span&gt;&lt;span style="color:#000000;font-family:times new roman;font-size:10.02pt"&gt;defined in the 1940 Act) of less than 200%, calculated as the ratio of the Fund&#x2019;s total assets (less all liabilities and indebtedness &lt;/span&gt;&lt;span style="color:#000000;font-family:times new roman;font-size:10.02pt"&gt;not represented by senior securities) over the aggregate amount of the Fund&#x2019;s outstanding senior securities representing &lt;/span&gt;&lt;span style="color:#000000;font-family:times new roman;font-size:10.02pt"&gt;indebtedness plus the aggregate liquidation preference of any outstanding shares of preferred stock. In addition, the Fund &lt;/span&gt;&lt;span style="color:#000000;font-family:times new roman;font-size:10.02pt"&gt;generally is not permitted to declare any cash dividend or other distribution on the Fund&#x2019;s Common Shares, or purchase any such &lt;/span&gt;&lt;span style="color:#000000;font-family:times new roman;font-size:10.02pt"&gt;Common Shares, unless, at the time of such declaration, the Fund would have asset coverage (as described above) of at least &lt;/span&gt;&lt;span style="color:#000000;font-family:times new roman;font-size:10.02pt"&gt;200% after deducting the amount of such dividend or other distribution. The 1940 Act grants to the holders of senior securities &lt;/span&gt;&lt;span style="color:#000000;font-family:times new roman;font-size:10.02pt"&gt;representing stock issued by the Fund certain voting rights. Failure to maintain certain asset coverage requirements under the &lt;/span&gt;&lt;span style="color:#000000;font-family:times new roman;font-size:10.02pt"&gt;1940 Act could entitle the holders of Preferred Shares to elect a majority of the Board. If the Fund issues and has preferred &lt;/span&gt;&lt;span style="color:#000000;font-family:times new roman;font-size:10.02pt"&gt;shares outstanding, the Common Shareholders will generally not be entitled to receive any distributions from the Fund unless all &lt;/span&gt;&lt;span style="color:#000000;font-family:times new roman;font-size:10.02pt"&gt;accrued dividends on preferred shares have been paid. Issuance of preferred shares would constitute financial leverage and &lt;/span&gt;&lt;span style="color:#000000;font-family:times new roman;font-size:10.02pt"&gt;would entail special risks to the Common Shareholders. The Fund has no present intention to issue preferred shares.&lt;/span&gt;&lt;/div&gt;&lt;div style="line-height:12.02pt;margin-top:10.00pt;text-align:left;"&gt;&lt;span style="color:#000000;font-family:times new roman;font-size:10.02pt;font-weight:bold"&gt;Capitalization&lt;/span&gt;&lt;/div&gt;&lt;div style="line-height:12.02pt;margin-top:10.00pt;text-align:left;"&gt;&lt;span style="color:#000000;font-family:times new roman;font-size:10.02pt;margin-left:29pt"&gt;The following table provides information about the outstanding securities of the Fund as of May 31, 2021:&lt;/span&gt;&lt;span style="color:#000000;font-family:times new roman;font-size:1pt;line-height:1pt"&gt;&#x2003;&lt;/span&gt;&lt;/div&gt;
&lt;table cellpadding="0" cellspacing="0" style="empty-cells:show;width:516pt"&gt;
&lt;tr style="height:20.35pt"&gt;
&lt;td style="background-color:#FFFFFF;padding-bottom:1.35pt;padding-top:1.35pt;vertical-align:Bottom;width:279.04pt;"&gt; &lt;div style="line-height:11.0pt;text-align:left;"&gt; &lt;div style="margin-left:3pt;margin-right:6pt;text-align:left;white-space:nowrap;"&gt;&lt;span style="border-bottom:0.5pt groove #000000;color:#000000;font-family:times new roman;font-size:10.02pt;font-weight:bold;margin-left:0.0pt"&gt;Title of Class&lt;/span&gt;&lt;/div&gt; &lt;/div&gt; &lt;/td&gt;
&lt;td style="background-color:#FFFFFF;padding-bottom:1.35pt;padding-top:1.35pt;vertical-align:Bottom;width:59.91pt;"&gt; &lt;div style="line-height:13.02pt;text-align:left;"&gt; &lt;div style="border-bottom:0.5pt solid #000000;margin-left:4pt;margin-right:4pt;padding-bottom:1pt;"&gt; &lt;div style="text-align:center;white-space:nowrap;"&gt;&lt;span style="color:#000000;font-family:times new roman;font-size:10.02pt;font-weight:bold"&gt;Amount&lt;/span&gt;&lt;/div&gt; &lt;div style="text-align:center;white-space:nowrap;"&gt;&lt;span style="color:#000000;font-family:times new roman;font-size:10.02pt;font-weight:bold"&gt;Authorized&lt;/span&gt;&lt;/div&gt; &lt;/div&gt; &lt;/div&gt; &lt;/td&gt;
&lt;td style="background-color:#FFFFFF;padding-bottom:1.35pt;padding-top:1.35pt;vertical-align:Bottom;width:111.61pt;"&gt; &lt;div style="line-height:13.02pt;text-align:left;"&gt; &lt;div style="border-bottom:0.5pt solid #000000;margin-left:4pt;margin-right:4pt;padding-bottom:1pt;"&gt; &lt;div style="text-align:center;white-space:nowrap;"&gt;&lt;span style="color:#000000;font-family:times new roman;font-size:10.02pt;font-weight:bold"&gt;Amount Held by the&lt;/span&gt;&lt;/div&gt; &lt;div style="text-align:center;white-space:nowrap;"&gt;&lt;span style="color:#000000;font-family:times new roman;font-size:10.02pt;font-weight:bold"&gt;Fund or for its Account&lt;/span&gt;&lt;/div&gt; &lt;/div&gt; &lt;/div&gt; &lt;/td&gt;
&lt;td style="background-color:#FFFFFF;padding-bottom:1.35pt;padding-top:1.35pt;vertical-align:Bottom;width:65.43pt;"&gt; &lt;div style="line-height:13.02pt;text-align:left;"&gt; &lt;div style="border-bottom:0.5pt solid #000000;margin-left:4pt;margin-right:4pt;padding-bottom:1pt;"&gt; &lt;div style="text-align:center;white-space:nowrap;"&gt;&lt;span style="color:#000000;font-family:times new roman;font-size:10.02pt;font-weight:bold"&gt;Amount &lt;/span&gt;&lt;/div&gt; &lt;div style="text-align:center;white-space:nowrap;"&gt;&lt;span style="color:#000000;font-family:times new roman;font-size:10.02pt;font-weight:bold"&gt;Outstanding&lt;/span&gt;&lt;/div&gt; &lt;/div&gt; &lt;/div&gt; &lt;/td&gt; &lt;/tr&gt;
&lt;tr style="height:8.35pt"&gt;
&lt;td style="background-color:#FFFFFF;padding-bottom:1.5pt;padding-top:1.35pt;vertical-align:Bottom;width:279.04pt;"&gt; &lt;div style="line-height:10pt;text-align:left;"&gt; &lt;div style="margin-left:3pt;margin-right:6pt;text-align:left;white-space:nowrap;"&gt;&lt;span style="color:#000000;font-family:times new roman;font-size:10.02pt;margin-left:0.0pt"&gt;Common shares of beneficial interest, par value $0.01 per share&lt;/span&gt;&lt;/div&gt; &lt;/div&gt; &lt;/td&gt;
&lt;td style="background-color:#FFFFFF;padding-bottom:1.5pt;padding-top:1.35pt;vertical-align:Bottom;width:59.91pt;"&gt; &lt;div style="line-height:10pt;text-align:left;"&gt; &lt;div style="margin-left:9.64pt;margin-right:9.64pt;text-align:center;white-space:nowrap;"&gt;&lt;span style="color:#000000;font-family:times new roman;font-size:10.02pt;margin-left:0.00pt"&gt;Unlimited&lt;/span&gt;&lt;/div&gt; &lt;/div&gt; &lt;/td&gt;
&lt;td style="background-color:#FFFFFF;padding-bottom:1.5pt;padding-top:1.35pt;vertical-align:Bottom;width:111.61pt;"&gt; &lt;div style="line-height:10pt;text-align:left;"&gt; &lt;div style="margin-left:50.795pt;margin-right:50.795pt;text-align:center;white-space:nowrap;"&gt;&lt;span style="color:#000000;font-family:times new roman;font-size:10.02pt;margin-left:0.0pt"&gt;&lt;span class="sec-hidden" style="-sec-ix-hidden:h_3_05f1e8a6_0868_2019_5a76_4345ece2c6fa" title="Manually tagged"&gt;&#x2014;&lt;/span&gt;&lt;/span&gt;&lt;/div&gt; &lt;/div&gt; &lt;/td&gt;
&lt;td style="background-color:#FFFFFF;padding-bottom:1.5pt;padding-top:1.35pt;vertical-align:Bottom;width:65.43pt;"&gt; &lt;div style="line-height:10pt;text-align:left;"&gt; &lt;div style="margin-left:4pt;margin-right:4pt;text-align:center;white-space:nowrap;"&gt;&lt;span style="color:#000000;font-family:times new roman;font-size:10.02pt;margin-left:0.00pt"&gt;51,503,912&lt;/span&gt;&lt;/div&gt; &lt;/div&gt; &lt;/td&gt; &lt;/tr&gt; &lt;/table&gt;</cef:CapitalStockTableTextBlock>
    <cef:SecurityTitleTextBlock
      contextRef="I20210920_CommonSharesMember"
      id="t_3_9b30ef78_a568_daa9_7cfb_37523de46104">&lt;div style="line-height:12.02pt;margin-top:10.30pt;text-align:left;"&gt;&lt;span style="color:#000000;font-family:times new roman;font-size:10.02pt;font-weight:bold"&gt;Common Shares&lt;/span&gt;&lt;/div&gt;</cef:SecurityTitleTextBlock>
    <cef:SecurityVotingRightsTextBlock
      contextRef="I20210920_CommonSharesMember"
      id="t_4_ff1fb109_982d_07a9_ce77_5e4e1a6d7e7b">&lt;div style="line-height:12.02pt;margin-top:10.30pt;text-align:left;"&gt;&lt;span style="color:#000000;font-family:times new roman;font-size:10.02pt;font-style:italic;margin-left:29pt"&gt;Voting Rights&lt;/span&gt;&lt;span style="color:#000000;font-family:times new roman;font-size:10.02pt"&gt;. Until any Preferred Shares are issued, holders of the Common Shares will vote as a single class to elect the &lt;/span&gt;&lt;span style="color:#000000;font-family:times new roman;font-size:10.02pt"&gt;Fund&#x2019;s Board of Trustees and on additional matters with respect to which the 1940 Act mandates a vote by the Fund&#x2019;s &lt;/span&gt;&lt;span style="color:#000000;font-family:times new roman;font-size:10.02pt"&gt;shareholders. If Preferred Shares are issued, holders of Preferred Shares will have a right to elect two of the Fund&#x2019;s Trustees, and &lt;/span&gt;&lt;span style="color:#000000;font-family:times new roman;font-size:10.02pt"&gt;will have certain other voting rights. See &#x201c;Anti-Takeover Provisions in the Fund&#x2019;s Governing Documents.&#x201d;&lt;/span&gt;&lt;/div&gt;</cef:SecurityVotingRightsTextBlock>
    <cef:SecurityTitleTextBlock
      contextRef="I20210920_BorrowingsMember"
      id="t_9_f57e1c1b_7c59_b707_cf9d_8eb4d4af421f">Borrowings</cef:SecurityTitleTextBlock>
    <cef:SecurityVotingRightsTextBlock
      contextRef="I20210920_BorrowingsMember"
      id="t_6_5962691a_690e_efad_e2c4_f7172625b9b1">&lt;div style="line-height:12.02pt;margin-top:10pt;text-align:left;"&gt;&lt;span style="color:#000000;font-family:times new roman;font-size:10.02pt;font-style:italic;margin-left:29pt"&gt;Voting Rights&lt;/span&gt;&lt;span style="color:#000000;font-family:times new roman;font-size:10.02pt"&gt;. The 1940 Act does (in certain circumstances) grant to the lenders to the Fund certain voting rights in the &lt;/span&gt;&lt;span style="color:#000000;font-family:times new roman;font-size:10.02pt"&gt;event of default in the payment of interest on, or repayment of, principal. Any Borrowings will likely be ranked senior or equal &lt;/span&gt;&lt;span style="color:#000000;font-family:times new roman;font-size:10.02pt"&gt;to all other existing and future borrowings of the Fund.&lt;/span&gt;&lt;/div&gt;</cef:SecurityVotingRightsTextBlock>
    <cef:SecurityTitleTextBlock
      contextRef="I20210920_PreferredSharesMember"
      id="t_7_dc7a4392_f1fd_be54_58b6_fdb184da3d10">&lt;div style="line-height:12.02pt;margin-top:9.90pt;text-align:left;"&gt;&lt;span style="color:#000000;font-family:times new roman;font-size:10.02pt;font-weight:bold"&gt;Preferred Shares&lt;/span&gt;&lt;/div&gt;</cef:SecurityTitleTextBlock>
    <cef:SecurityPreemptiveAndOtherRightsTextBlock
      contextRef="I20210920_PreferredSharesMember"
      id="t_8_c0838b79_789d_c233_c482_5edf974f1a6a">Common Shareholders have no preemptive right to purchase any preferred shares that might be issued. </cef:SecurityPreemptiveAndOtherRightsTextBlock>
    <cef:SecurityDividendsTextBlock
      contextRef="I20210920_PreferredSharesMember"
      id="t_10_cdcb9aef_c7b4_b8c4_7c39_1e9daab40266">In addition, the Fund generally is not permitted to declare any cash dividend or other distribution on the Fund&#x2019;s Common Shares, or purchase any such Common Shares, unless, at the time of such declaration, the Fund would have asset coverage (as described above) of at least 200% after deducting the amount of such dividend or other distribution.</cef:SecurityDividendsTextBlock>
    <cef:OutstandingSecuritiesTableTextBlock
      contextRef="DefaultContext"
      id="t_11_f6ac0847_5577_9a0e_884d_0e4151a146f8">&lt;div style="line-height:12.02pt;margin-top:10.00pt;text-align:left;"&gt;&lt;span style="color:#000000;font-family:times new roman;font-size:10.02pt;margin-left:29pt"&gt;The following table provides information about the outstanding securities of the Fund as of May 31, 2021:&lt;/span&gt;&lt;span style="color:#000000;font-family:times new roman;font-size:1pt;line-height:1pt"&gt;&#x2003;&lt;/span&gt;&lt;/div&gt;
&lt;table cellpadding="0" cellspacing="0" style="empty-cells:show;width:516pt"&gt;
&lt;tr style="height:20.35pt"&gt;
&lt;td style="background-color:#FFFFFF;padding-bottom:1.35pt;padding-top:1.35pt;vertical-align:Bottom;width:279.04pt;"&gt; &lt;div style="line-height:11.0pt;text-align:left;"&gt; &lt;div style="margin-left:3pt;margin-right:6pt;text-align:left;white-space:nowrap;"&gt;&lt;span style="border-bottom:0.5pt groove #000000;color:#000000;font-family:times new roman;font-size:10.02pt;font-weight:bold;margin-left:0.0pt"&gt;Title of Class&lt;/span&gt;&lt;/div&gt; &lt;/div&gt; &lt;/td&gt;
&lt;td style="background-color:#FFFFFF;padding-bottom:1.35pt;padding-top:1.35pt;vertical-align:Bottom;width:59.91pt;"&gt; &lt;div style="line-height:13.02pt;text-align:left;"&gt; &lt;div style="border-bottom:0.5pt solid #000000;margin-left:4pt;margin-right:4pt;padding-bottom:1pt;"&gt; &lt;div style="text-align:center;white-space:nowrap;"&gt;&lt;span style="color:#000000;font-family:times new roman;font-size:10.02pt;font-weight:bold"&gt;Amount&lt;/span&gt;&lt;/div&gt; &lt;div style="text-align:center;white-space:nowrap;"&gt;&lt;span style="color:#000000;font-family:times new roman;font-size:10.02pt;font-weight:bold"&gt;Authorized&lt;/span&gt;&lt;/div&gt; &lt;/div&gt; &lt;/div&gt; &lt;/td&gt;
&lt;td style="background-color:#FFFFFF;padding-bottom:1.35pt;padding-top:1.35pt;vertical-align:Bottom;width:111.61pt;"&gt; &lt;div style="line-height:13.02pt;text-align:left;"&gt; &lt;div style="border-bottom:0.5pt solid #000000;margin-left:4pt;margin-right:4pt;padding-bottom:1pt;"&gt; &lt;div style="text-align:center;white-space:nowrap;"&gt;&lt;span style="color:#000000;font-family:times new roman;font-size:10.02pt;font-weight:bold"&gt;Amount Held by the&lt;/span&gt;&lt;/div&gt; &lt;div style="text-align:center;white-space:nowrap;"&gt;&lt;span style="color:#000000;font-family:times new roman;font-size:10.02pt;font-weight:bold"&gt;Fund or for its Account&lt;/span&gt;&lt;/div&gt; &lt;/div&gt; &lt;/div&gt; &lt;/td&gt;
&lt;td style="background-color:#FFFFFF;padding-bottom:1.35pt;padding-top:1.35pt;vertical-align:Bottom;width:65.43pt;"&gt; &lt;div style="line-height:13.02pt;text-align:left;"&gt; &lt;div style="border-bottom:0.5pt solid #000000;margin-left:4pt;margin-right:4pt;padding-bottom:1pt;"&gt; &lt;div style="text-align:center;white-space:nowrap;"&gt;&lt;span style="color:#000000;font-family:times new roman;font-size:10.02pt;font-weight:bold"&gt;Amount &lt;/span&gt;&lt;/div&gt; &lt;div style="text-align:center;white-space:nowrap;"&gt;&lt;span style="color:#000000;font-family:times new roman;font-size:10.02pt;font-weight:bold"&gt;Outstanding&lt;/span&gt;&lt;/div&gt; &lt;/div&gt; &lt;/div&gt; &lt;/td&gt; &lt;/tr&gt;
&lt;tr style="height:8.35pt"&gt;
&lt;td style="background-color:#FFFFFF;padding-bottom:1.5pt;padding-top:1.35pt;vertical-align:Bottom;width:279.04pt;"&gt; &lt;div style="line-height:10pt;text-align:left;"&gt; &lt;div style="margin-left:3pt;margin-right:6pt;text-align:left;white-space:nowrap;"&gt;&lt;span style="color:#000000;font-family:times new roman;font-size:10.02pt;margin-left:0.0pt"&gt;Common shares of beneficial interest, par value $0.01 per share&lt;/span&gt;&lt;/div&gt; &lt;/div&gt; &lt;/td&gt;
&lt;td style="background-color:#FFFFFF;padding-bottom:1.5pt;padding-top:1.35pt;vertical-align:Bottom;width:59.91pt;"&gt; &lt;div style="line-height:10pt;text-align:left;"&gt; &lt;div style="margin-left:9.64pt;margin-right:9.64pt;text-align:center;white-space:nowrap;"&gt;&lt;span style="color:#000000;font-family:times new roman;font-size:10.02pt;margin-left:0.00pt"&gt;Unlimited&lt;/span&gt;&lt;/div&gt; &lt;/div&gt; &lt;/td&gt;
&lt;td style="background-color:#FFFFFF;padding-bottom:1.5pt;padding-top:1.35pt;vertical-align:Bottom;width:111.61pt;"&gt; &lt;div style="line-height:10pt;text-align:left;"&gt; &lt;div style="margin-left:50.795pt;margin-right:50.795pt;text-align:center;white-space:nowrap;"&gt;&lt;span style="color:#000000;font-family:times new roman;font-size:10.02pt;margin-left:0.0pt"&gt;&lt;span class="sec-hidden" style="-sec-ix-hidden:h_3_05f1e8a6_0868_2019_5a76_4345ece2c6fa" title="Manually tagged"&gt;&#x2014;&lt;/span&gt;&lt;/span&gt;&lt;/div&gt; &lt;/div&gt; &lt;/td&gt;
&lt;td style="background-color:#FFFFFF;padding-bottom:1.5pt;padding-top:1.35pt;vertical-align:Bottom;width:65.43pt;"&gt; &lt;div style="line-height:10pt;text-align:left;"&gt; &lt;div style="margin-left:4pt;margin-right:4pt;text-align:center;white-space:nowrap;"&gt;&lt;span style="color:#000000;font-family:times new roman;font-size:10.02pt;margin-left:0.00pt"&gt;51,503,912&lt;/span&gt;&lt;/div&gt; &lt;/div&gt; &lt;/td&gt; &lt;/tr&gt; &lt;/table&gt;</cef:OutstandingSecuritiesTableTextBlock>
    <cef:OutstandingSecurityTitleTextBlock
      contextRef="I20210531_CommonSharesMember"
      id="t_2_cec43d08_6170_93f7_ede4_b252c5b1c25f">Common shares of beneficial interest, par value $0.01 per share</cef:OutstandingSecurityTitleTextBlock>
    <cef:OutstandingSecurityNotHeldShares
      contextRef="I20210531_CommonSharesMember"
      decimals="INF"
      id="h_2_1ce4163d_235e_10a2_3890_cfb8c05b9895"
      unitRef="shares">51503912</cef:OutstandingSecurityNotHeldShares>
    <link:footnoteLink
      xlink:role="http://www.xbrl.org/2003/role/link"
      xlink:type="extended">
        <link:loc
          xlink:href="#h_1_db36af48_0a51_9af7_b8e3_7c8841721e89"
          xlink:label="h_1_db36af48_0a51_9af7_b8e3_7c8841721e89"
          xlink:type="locator"/>
        <link:footnote id="f_0001_000001" xlink:label="f_0001_000001" xlink:role="http://www.xbrl.org/2003/role/footnote" xlink:type="resource" xml:lang="en-US">Represents the estimated commission with respect to the Common Shares being sold in this offering. Cantor Fitzgerald will be entitled to compensation of up to 2.00% of the gross proceeds of the sale of any Common Shares under the Sales Agreement, with the exact amount of such compensation to be mutually agreed upon by the Fund and Cantor Fitzgerald from time to time. The Fund has assumed that Cantor Fitzgerald will receive a commission of 2.00% of the gross sale price of the Common Shares sold in this offering.</link:footnote>
        <link:footnoteArc
          xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote"
          xlink:from="h_1_db36af48_0a51_9af7_b8e3_7c8841721e89"
          xlink:to="f_0001_000001"
          xlink:type="arc"/>
        <link:loc
          xlink:href="#h_19_0aeb826e_cff1_0903_73ac_5df3a14e0ec1"
          xlink:label="h_19_0aeb826e_cff1_0903_73ac_5df3a14e0ec1"
          xlink:type="locator"/>
        <link:footnote id="f_0005_000001" xlink:label="f_0005_000001" xlink:role="http://www.xbrl.org/2003/role/footnote" xlink:type="resource" xml:lang="en-US">Based on the Fund&#x2019;s computations.</link:footnote>
        <link:footnoteArc
          xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote"
          xlink:from="h_19_0aeb826e_cff1_0903_73ac_5df3a14e0ec1"
          xlink:to="f_0005_000001"
          xlink:type="arc"/>
        <link:loc
          xlink:href="#h_19_34459dd0_ff3e_8972_148f_c78e877f166d"
          xlink:label="h_19_34459dd0_ff3e_8972_148f_c78e877f166d"
          xlink:type="locator"/>
        <link:footnote id="f_0001_000003" xlink:label="f_0001_000003" xlink:role="http://www.xbrl.org/2003/role/footnote" xlink:type="resource" xml:lang="en-US">You will pay brokerage charges if you direct the Plan Agent to sell your Common Shares held in a dividend reinvestment account. See &#x201c;Dividend Reinvestment Plan&#x201d; in the accompanying Prospectus.</link:footnote>
        <link:footnoteArc
          xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote"
          xlink:from="h_19_34459dd0_ff3e_8972_148f_c78e877f166d"
          xlink:to="f_0001_000003"
          xlink:type="arc"/>
        <link:loc
          xlink:href="#h_2_e6dcd2c6_0bd3_463d_033b_ca8be0fd735b"
          xlink:label="h_2_e6dcd2c6_0bd3_463d_033b_ca8be0fd735b"
          xlink:type="locator"/>
        <link:footnote id="f_0001_000002" xlink:label="f_0001_000002" xlink:role="http://www.xbrl.org/2003/role/footnote" xlink:type="resource" xml:lang="en-US">The Investment Adviser has incurred on behalf of the Fund all costs associated with the Fund&#x2019;s registration statement and any offerings pursuant to such registration statement. The Fund has agreed, in connection with offerings under this registration statement, to reimburse the Investment Adviser for offering expenses incurred by the Investment Adviser on the Fund&#x2019;s behalf in an amount up to the lesser of the Fund&#x2019;s actual offering costs or 0.60% of the total offering price of the Common Shares sold in such offerings. Amounts in excess of 0.60% of the total offering price of shares sold pursuant to this registration statement will not be subject to recoupment from the Fund.</link:footnote>
        <link:footnoteArc
          xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote"
          xlink:from="h_2_e6dcd2c6_0bd3_463d_033b_ca8be0fd735b"
          xlink:to="f_0001_000002"
          xlink:type="arc"/>
        <link:loc
          xlink:href="#h_20_688724f0_c713_d5e6_077d_a0104c3dae79"
          xlink:label="h_20_688724f0_c713_d5e6_077d_a0104c3dae79"
          xlink:type="locator"/>
        <link:footnoteArc
          xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote"
          xlink:from="h_20_688724f0_c713_d5e6_077d_a0104c3dae79"
          xlink:to="f_0005_000001"
          xlink:type="arc"/>
        <link:loc
          xlink:href="#h_21_4aab7e36_fd44_d971_818b_8f04271017a5"
          xlink:label="h_21_4aab7e36_fd44_d971_818b_8f04271017a5"
          xlink:type="locator"/>
        <link:footnoteArc
          xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote"
          xlink:from="h_21_4aab7e36_fd44_d971_818b_8f04271017a5"
          xlink:to="f_0005_000001"
          xlink:type="arc"/>
        <link:loc
          xlink:href="#h_22_1bdde45a_3c5a_d1e5_8243_9bd9236de5ac"
          xlink:label="h_22_1bdde45a_3c5a_d1e5_8243_9bd9236de5ac"
          xlink:type="locator"/>
        <link:footnoteArc
          xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote"
          xlink:from="h_22_1bdde45a_3c5a_d1e5_8243_9bd9236de5ac"
          xlink:to="f_0005_000001"
          xlink:type="arc"/>
        <link:loc
          xlink:href="#h_23_d2efa018_384b_0c6b_0649_042fd55effd8"
          xlink:label="h_23_d2efa018_384b_0c6b_0649_042fd55effd8"
          xlink:type="locator"/>
        <link:footnoteArc
          xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote"
          xlink:from="h_23_d2efa018_384b_0c6b_0649_042fd55effd8"
          xlink:to="f_0005_000001"
          xlink:type="arc"/>
        <link:loc
          xlink:href="#h_24_15bbc83c_dd3e_e895_acb0_6369b7604363"
          xlink:label="h_24_15bbc83c_dd3e_e895_acb0_6369b7604363"
          xlink:type="locator"/>
        <link:footnoteArc
          xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote"
          xlink:from="h_24_15bbc83c_dd3e_e895_acb0_6369b7604363"
          xlink:to="f_0005_000001"
          xlink:type="arc"/>
        <link:loc
          xlink:href="#h_25_ac8d3621_b34a_e77c_2649_899cc1a57642"
          xlink:label="h_25_ac8d3621_b34a_e77c_2649_899cc1a57642"
          xlink:type="locator"/>
        <link:footnoteArc
          xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote"
          xlink:from="h_25_ac8d3621_b34a_e77c_2649_899cc1a57642"
          xlink:to="f_0005_000001"
          xlink:type="arc"/>
        <link:loc
          xlink:href="#h_26_03015968_3104_f2e1_2361_a4e34989212e"
          xlink:label="h_26_03015968_3104_f2e1_2361_a4e34989212e"
          xlink:type="locator"/>
        <link:footnote id="f_0004_000001" xlink:label="f_0004_000001" xlink:role="http://www.xbrl.org/2003/role/footnote" xlink:type="resource" xml:lang="en-US">As a result of the Fund having earmarked or segregated cash or liquid securities to collateralize the transactions or otherwise having covered the transactions, in accordance with current regulatory requirements under the releases and interpretive letters issued by the SEC and its staff, the Fund does not treat its obligations under such transactions as senior securities representing indebtedness for purposes of the 1940 Act.</link:footnote>
        <link:footnoteArc
          xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote"
          xlink:from="h_26_03015968_3104_f2e1_2361_a4e34989212e"
          xlink:to="f_0004_000001"
          xlink:type="arc"/>
        <link:loc
          xlink:href="#h_26_07df73fe_310e_cde6_2770_57d7884c5fa0"
          xlink:label="h_26_07df73fe_310e_cde6_2770_57d7884c5fa0"
          xlink:type="locator"/>
        <link:footnoteArc
          xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote"
          xlink:from="h_26_07df73fe_310e_cde6_2770_57d7884c5fa0"
          xlink:to="f_0004_000001"
          xlink:type="arc"/>
        <link:loc
          xlink:href="#h_26_6a2f2612_df1d_ec72_5962_82adaac0aea6"
          xlink:label="h_26_6a2f2612_df1d_ec72_5962_82adaac0aea6"
          xlink:type="locator"/>
        <link:footnoteArc
          xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote"
          xlink:from="h_26_6a2f2612_df1d_ec72_5962_82adaac0aea6"
          xlink:to="f_0004_000001"
          xlink:type="arc"/>
        <link:loc
          xlink:href="#h_26_7da213e3_40b1_12a6_5f73_bbaaaedafc93"
          xlink:label="h_26_7da213e3_40b1_12a6_5f73_bbaaaedafc93"
          xlink:type="locator"/>
        <link:footnoteArc
          xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote"
          xlink:from="h_26_7da213e3_40b1_12a6_5f73_bbaaaedafc93"
          xlink:to="f_0004_000001"
          xlink:type="arc"/>
        <link:loc
          xlink:href="#h_26_80da2bcf_deec_1071_693f_59603d1592eb"
          xlink:label="h_26_80da2bcf_deec_1071_693f_59603d1592eb"
          xlink:type="locator"/>
        <link:footnoteArc
          xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote"
          xlink:from="h_26_80da2bcf_deec_1071_693f_59603d1592eb"
          xlink:to="f_0004_000001"
          xlink:type="arc"/>
        <link:loc
          xlink:href="#h_26_ae598643_d275_d152_abac_88944025ccb6"
          xlink:label="h_26_ae598643_d275_d152_abac_88944025ccb6"
          xlink:type="locator"/>
        <link:footnoteArc
          xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote"
          xlink:from="h_26_ae598643_d275_d152_abac_88944025ccb6"
          xlink:to="f_0004_000001"
          xlink:type="arc"/>
        <link:loc
          xlink:href="#h_26_aec0c12f_d2fc_17ed_7098_0ac739bcebae"
          xlink:label="h_26_aec0c12f_d2fc_17ed_7098_0ac739bcebae"
          xlink:type="locator"/>
        <link:footnoteArc
          xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote"
          xlink:from="h_26_aec0c12f_d2fc_17ed_7098_0ac739bcebae"
          xlink:to="f_0004_000001"
          xlink:type="arc"/>
        <link:loc
          xlink:href="#h_26_c5c473f6_6275_acd7_e255_48ee07da69fc"
          xlink:label="h_26_c5c473f6_6275_acd7_e255_48ee07da69fc"
          xlink:type="locator"/>
        <link:footnoteArc
          xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote"
          xlink:from="h_26_c5c473f6_6275_acd7_e255_48ee07da69fc"
          xlink:to="f_0004_000001"
          xlink:type="arc"/>
        <link:loc
          xlink:href="#h_26_db5997f0_6004_d6fe_505c_6aeab77b9f12"
          xlink:label="h_26_db5997f0_6004_d6fe_505c_6aeab77b9f12"
          xlink:type="locator"/>
        <link:footnoteArc
          xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote"
          xlink:from="h_26_db5997f0_6004_d6fe_505c_6aeab77b9f12"
          xlink:to="f_0004_000001"
          xlink:type="arc"/>
        <link:loc
          xlink:href="#h_26_e344dc4d_1812_4d05_44bf_cdddb17e80d9"
          xlink:label="h_26_e344dc4d_1812_4d05_44bf_cdddb17e80d9"
          xlink:type="locator"/>
        <link:footnoteArc
          xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote"
          xlink:from="h_26_e344dc4d_1812_4d05_44bf_cdddb17e80d9"
          xlink:to="f_0005_000001"
          xlink:type="arc"/>
        <link:loc
          xlink:href="#h_26_e64e4a8d_f393_5939_5534_0e8d50f5374b"
          xlink:label="h_26_e64e4a8d_f393_5939_5534_0e8d50f5374b"
          xlink:type="locator"/>
        <link:footnoteArc
          xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote"
          xlink:from="h_26_e64e4a8d_f393_5939_5534_0e8d50f5374b"
          xlink:to="f_0004_000001"
          xlink:type="arc"/>
        <link:loc
          xlink:href="#h_27_a9164056_c39b_567f_63e7_d93e9eb5db5c"
          xlink:label="h_27_a9164056_c39b_567f_63e7_d93e9eb5db5c"
          xlink:type="locator"/>
        <link:footnoteArc
          xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote"
          xlink:from="h_27_a9164056_c39b_567f_63e7_d93e9eb5db5c"
          xlink:to="f_0005_000001"
          xlink:type="arc"/>
        <link:loc
          xlink:href="#h_28_6246f8e4_325b_57ba_ed5b_174d2e9537f9"
          xlink:label="h_28_6246f8e4_325b_57ba_ed5b_174d2e9537f9"
          xlink:type="locator"/>
        <link:footnoteArc
          xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote"
          xlink:from="h_28_6246f8e4_325b_57ba_ed5b_174d2e9537f9"
          xlink:to="f_0005_000001"
          xlink:type="arc"/>
        <link:loc
          xlink:href="#h_29_8348b7a0_a375_514e_6a0a_837b67752758"
          xlink:label="h_29_8348b7a0_a375_514e_6a0a_837b67752758"
          xlink:type="locator"/>
        <link:footnoteArc
          xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote"
          xlink:from="h_29_8348b7a0_a375_514e_6a0a_837b67752758"
          xlink:to="f_0005_000001"
          xlink:type="arc"/>
        <link:loc
          xlink:href="#h_30_8991623c_3ff9_803e_a1a2_0db2a3a04324"
          xlink:label="h_30_8991623c_3ff9_803e_a1a2_0db2a3a04324"
          xlink:type="locator"/>
        <link:footnoteArc
          xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote"
          xlink:from="h_30_8991623c_3ff9_803e_a1a2_0db2a3a04324"
          xlink:to="f_0005_000001"
          xlink:type="arc"/>
        <link:loc
          xlink:href="#h_31_a4070b74_dab2_7cf0_c3dd_b4a818b46892"
          xlink:label="h_31_a4070b74_dab2_7cf0_c3dd_b4a818b46892"
          xlink:type="locator"/>
        <link:footnoteArc
          xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote"
          xlink:from="h_31_a4070b74_dab2_7cf0_c3dd_b4a818b46892"
          xlink:to="f_0005_000001"
          xlink:type="arc"/>
        <link:loc
          xlink:href="#h_32_53acc8b5_8045_42ce_0a9b_badc4b7a998e"
          xlink:label="h_32_53acc8b5_8045_42ce_0a9b_badc4b7a998e"
          xlink:type="locator"/>
        <link:footnoteArc
          xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote"
          xlink:from="h_32_53acc8b5_8045_42ce_0a9b_badc4b7a998e"
          xlink:to="f_0005_000001"
          xlink:type="arc"/>
        <link:loc
          xlink:href="#h_33_8db48d28_6540_ee7c_35cb_2b6596b979aa"
          xlink:label="h_33_8db48d28_6540_ee7c_35cb_2b6596b979aa"
          xlink:type="locator"/>
        <link:footnoteArc
          xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote"
          xlink:from="h_33_8db48d28_6540_ee7c_35cb_2b6596b979aa"
          xlink:to="f_0005_000001"
          xlink:type="arc"/>
        <link:loc
          xlink:href="#h_34_0e65c03d_9983_2b10_1e7d_1c85d4c7b09f"
          xlink:label="h_34_0e65c03d_9983_2b10_1e7d_1c85d4c7b09f"
          xlink:type="locator"/>
        <link:footnoteArc
          xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote"
          xlink:from="h_34_0e65c03d_9983_2b10_1e7d_1c85d4c7b09f"
          xlink:to="f_0005_000001"
          xlink:type="arc"/>
        <link:loc
          xlink:href="#h_35_2b275481_4024_ad58_1671_98478258099d"
          xlink:label="h_35_2b275481_4024_ad58_1671_98478258099d"
          xlink:type="locator"/>
        <link:footnoteArc
          xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote"
          xlink:from="h_35_2b275481_4024_ad58_1671_98478258099d"
          xlink:to="f_0005_000001"
          xlink:type="arc"/>
        <link:loc
          xlink:href="#h_36_8d802b33_e1c9_ba75_ff60_a800f6da1fa5"
          xlink:label="h_36_8d802b33_e1c9_ba75_ff60_a800f6da1fa5"
          xlink:type="locator"/>
        <link:footnoteArc
          xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote"
          xlink:from="h_36_8d802b33_e1c9_ba75_ff60_a800f6da1fa5"
          xlink:to="f_0005_000001"
          xlink:type="arc"/>
        <link:loc
          xlink:href="#h_37_9fe0f359_5a2c_5ce8_361f_8c53d58782e1"
          xlink:label="h_37_9fe0f359_5a2c_5ce8_361f_8c53d58782e1"
          xlink:type="locator"/>
        <link:footnote id="f_0005_000002" xlink:label="f_0005_000002" xlink:role="http://www.xbrl.org/2003/role/footnote" xlink:type="resource" xml:lang="en-US">Calculated based on the information presented. Percentages are rounded.</link:footnote>
        <link:footnoteArc
          xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote"
          xlink:from="h_37_9fe0f359_5a2c_5ce8_361f_8c53d58782e1"
          xlink:to="f_0005_000002"
          xlink:type="arc"/>
        <link:loc
          xlink:href="#h_38_f8af7538_a617_2384_88dc_c02a0dcf8fd0"
          xlink:label="h_38_f8af7538_a617_2384_88dc_c02a0dcf8fd0"
          xlink:type="locator"/>
        <link:footnoteArc
          xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote"
          xlink:from="h_38_f8af7538_a617_2384_88dc_c02a0dcf8fd0"
          xlink:to="f_0005_000002"
          xlink:type="arc"/>
        <link:loc
          xlink:href="#h_39_f46efae3_7a09_b02f_7155_8506e317de24"
          xlink:label="h_39_f46efae3_7a09_b02f_7155_8506e317de24"
          xlink:type="locator"/>
        <link:footnoteArc
          xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote"
          xlink:from="h_39_f46efae3_7a09_b02f_7155_8506e317de24"
          xlink:to="f_0005_000002"
          xlink:type="arc"/>
        <link:loc
          xlink:href="#h_4_0096c064_4f5d_1a21_8ac2_37d5a33fd1d8"
          xlink:label="h_4_0096c064_4f5d_1a21_8ac2_37d5a33fd1d8"
          xlink:type="locator"/>
        <link:footnote id="f_0001_000004" xlink:label="f_0001_000004" xlink:role="http://www.xbrl.org/2003/role/footnote" xlink:type="resource" xml:lang="en-US">Based upon average net assets attributable to the Common Shares during the six month period ended November 30, 2022, after giving effect to the anticipated net proceeds of all of the Common Shares offered by this Prospectus Supplement based on an assumed price per share of $15.90 (the last reported sale price of the Fund&#x2019;s Common Shares on the NYSE as of March 27, 2023). The price per share of any sale of Common Shares may be greater or less than the price assumed herein, depending on the market price of the Common Shares at the time of any sale. There is no guarantee that there will be any sales of the Common Shares pursuant to this Prospectus Supplement. The number of the Common Shares actually sold pursuant to this Prospectus Supplement may be less than as assumed herein.</link:footnote>
        <link:footnoteArc
          xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote"
          xlink:from="h_4_0096c064_4f5d_1a21_8ac2_37d5a33fd1d8"
          xlink:to="f_0001_000004"
          xlink:type="arc"/>
        <link:footnote id="f_0001_000005" xlink:label="f_0001_000005" xlink:role="http://www.xbrl.org/2003/role/footnote" xlink:type="resource" xml:lang="en-US">The Fund pays the Investment Adviser a fee, payable monthly in arrears at an annual rate equal to 1.00% of the Fund&#x2019;s average daily Managed Assets. Common Shareholders bear the portion of the investment advisory fee attributable to the assets purchased with the proceeds of borrowing or the issuance of commercial paper or other forms of debt (&#x201c;Borrowings&#x201d;) or reverse repurchase agreements, dollar rolls or similar transactions or through a combination of the foregoing (collectively &#x201c;Financial Leverage&#x201d;), which means that Common Shareholders effectively bear the entire advisory fee. The fee shown above is based upon outstanding Financial Leverage of 24.3% of the Fund&#x2019;s Managed Assets. The management fee as a percentage of net assets attributable to the Common Shares is higher than if the Trust did not utilize such Financial Leverage. If Financial Leverage of more than 24.3% of the Fund&#x2019;s Managed Assets is used, the management fees shown would be higher.</link:footnote>
        <link:footnoteArc
          xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote"
          xlink:from="h_4_0096c064_4f5d_1a21_8ac2_37d5a33fd1d8"
          xlink:to="f_0001_000005"
          xlink:type="arc"/>
        <link:loc
          xlink:href="#h_40_f041974f_1fdc_ae25_9768_3e055638e814"
          xlink:label="h_40_f041974f_1fdc_ae25_9768_3e055638e814"
          xlink:type="locator"/>
        <link:footnoteArc
          xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote"
          xlink:from="h_40_f041974f_1fdc_ae25_9768_3e055638e814"
          xlink:to="f_0005_000002"
          xlink:type="arc"/>
        <link:loc
          xlink:href="#h_41_c6a80d9a_165e_f8ba_25ff_558dcdabf73b"
          xlink:label="h_41_c6a80d9a_165e_f8ba_25ff_558dcdabf73b"
          xlink:type="locator"/>
        <link:footnoteArc
          xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote"
          xlink:from="h_41_c6a80d9a_165e_f8ba_25ff_558dcdabf73b"
          xlink:to="f_0005_000002"
          xlink:type="arc"/>
        <link:loc
          xlink:href="#h_42_2ea77810_2ca5_788f_b6b3_e6f0ce5e571d"
          xlink:label="h_42_2ea77810_2ca5_788f_b6b3_e6f0ce5e571d"
          xlink:type="locator"/>
        <link:footnoteArc
          xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote"
          xlink:from="h_42_2ea77810_2ca5_788f_b6b3_e6f0ce5e571d"
          xlink:to="f_0005_000002"
          xlink:type="arc"/>
        <link:loc
          xlink:href="#h_43_3d70c64e_c033_6316_60a4_bad98cb9af87"
          xlink:label="h_43_3d70c64e_c033_6316_60a4_bad98cb9af87"
          xlink:type="locator"/>
        <link:footnoteArc
          xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote"
          xlink:from="h_43_3d70c64e_c033_6316_60a4_bad98cb9af87"
          xlink:to="f_0005_000002"
          xlink:type="arc"/>
        <link:loc
          xlink:href="#h_44_8d1d5bb7_5312_2ec9_9c1d_dcaad1c5ff82"
          xlink:label="h_44_8d1d5bb7_5312_2ec9_9c1d_dcaad1c5ff82"
          xlink:type="locator"/>
        <link:footnoteArc
          xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote"
          xlink:from="h_44_8d1d5bb7_5312_2ec9_9c1d_dcaad1c5ff82"
          xlink:to="f_0005_000002"
          xlink:type="arc"/>
        <link:loc
          xlink:href="#h_45_a3e7dc3a_a459_e0d9_288e_6271bc9de1b0"
          xlink:label="h_45_a3e7dc3a_a459_e0d9_288e_6271bc9de1b0"
          xlink:type="locator"/>
        <link:footnoteArc
          xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote"
          xlink:from="h_45_a3e7dc3a_a459_e0d9_288e_6271bc9de1b0"
          xlink:to="f_0005_000002"
          xlink:type="arc"/>
        <link:loc
          xlink:href="#h_46_e4a3af2b_5f9f_8fa9_4877_adf368457923"
          xlink:label="h_46_e4a3af2b_5f9f_8fa9_4877_adf368457923"
          xlink:type="locator"/>
        <link:footnoteArc
          xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote"
          xlink:from="h_46_e4a3af2b_5f9f_8fa9_4877_adf368457923"
          xlink:to="f_0005_000002"
          xlink:type="arc"/>
        <link:loc
          xlink:href="#h_47_28ea45f4_3b16_c937_a51b_6569cf9cff00"
          xlink:label="h_47_28ea45f4_3b16_c937_a51b_6569cf9cff00"
          xlink:type="locator"/>
        <link:footnoteArc
          xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote"
          xlink:from="h_47_28ea45f4_3b16_c937_a51b_6569cf9cff00"
          xlink:to="f_0005_000002"
          xlink:type="arc"/>
        <link:loc
          xlink:href="#h_48_74511f53_aea2_c6a3_90c0_9bd334f3176c"
          xlink:label="h_48_74511f53_aea2_c6a3_90c0_9bd334f3176c"
          xlink:type="locator"/>
        <link:footnoteArc
          xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote"
          xlink:from="h_48_74511f53_aea2_c6a3_90c0_9bd334f3176c"
          xlink:to="f_0005_000002"
          xlink:type="arc"/>
        <link:loc
          xlink:href="#h_49_b2568e71_3660_b2ec_aad4_bd2766ded8b6"
          xlink:label="h_49_b2568e71_3660_b2ec_aad4_bd2766ded8b6"
          xlink:type="locator"/>
        <link:footnoteArc
          xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote"
          xlink:from="h_49_b2568e71_3660_b2ec_aad4_bd2766ded8b6"
          xlink:to="f_0005_000002"
          xlink:type="arc"/>
        <link:loc
          xlink:href="#h_5_e0ad48cc_b6f6_d1e8_183c_00309089657e"
          xlink:label="h_5_e0ad48cc_b6f6_d1e8_183c_00309089657e"
          xlink:type="locator"/>
        <link:footnoteArc
          xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote"
          xlink:from="h_5_e0ad48cc_b6f6_d1e8_183c_00309089657e"
          xlink:to="f_0001_000004"
          xlink:type="arc"/>
        <link:footnote id="f_0001_000006" xlink:label="f_0001_000006" xlink:role="http://www.xbrl.org/2003/role/footnote" xlink:type="resource" xml:lang="en-US">Interest expense is estimated for the current fiscal year and includes interest payments on borrowed funds and interest expense on reverse repurchase agreements. Interest payments on borrowed funds is based upon the Fund&#x2019;s outstanding Borrowings as of November 30, 2022 (unaudited), which included Borrowings under the Fund&#x2019;s committed facility agreement in an amount equal to 4.4% of the Fund&#x2019;s Managed Assets at an assumed average interest rate of 5.50%. Interest expense on reverse repurchase agreements is based on the Fund&#x2019;s outstanding reverse repurchase agreements as of November 30, 2022 (unaudited), in an amount equal to 19.9% of the Fund&#x2019;s Managed Assets at November 30, 2022 (unaudited), at an assumed weighted average interest rate of 4.91%. The actual amount of interest payments and expenses borne by the Fund will vary over time in accordance with the amount of Borrowings and reverse repurchase agreements and variations in market interest rates.</link:footnote>
        <link:footnoteArc
          xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote"
          xlink:from="h_5_e0ad48cc_b6f6_d1e8_183c_00309089657e"
          xlink:to="f_0001_000006"
          xlink:type="arc"/>
        <link:loc
          xlink:href="#h_50_a5f4329f_7e4f_9116_e37e_a354f4ddc865"
          xlink:label="h_50_a5f4329f_7e4f_9116_e37e_a354f4ddc865"
          xlink:type="locator"/>
        <link:footnoteArc
          xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote"
          xlink:from="h_50_a5f4329f_7e4f_9116_e37e_a354f4ddc865"
          xlink:to="f_0005_000002"
          xlink:type="arc"/>
        <link:loc
          xlink:href="#h_51_a495e1b3_3dbf_cb81_1ef9_5cf08aa72eaf"
          xlink:label="h_51_a495e1b3_3dbf_cb81_1ef9_5cf08aa72eaf"
          xlink:type="locator"/>
        <link:footnoteArc
          xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote"
          xlink:from="h_51_a495e1b3_3dbf_cb81_1ef9_5cf08aa72eaf"
          xlink:to="f_0005_000002"
          xlink:type="arc"/>
        <link:loc
          xlink:href="#h_52_03347b28_599f_f4e0_3927_f56fba40ed2b"
          xlink:label="h_52_03347b28_599f_f4e0_3927_f56fba40ed2b"
          xlink:type="locator"/>
        <link:footnoteArc
          xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote"
          xlink:from="h_52_03347b28_599f_f4e0_3927_f56fba40ed2b"
          xlink:to="f_0005_000002"
          xlink:type="arc"/>
        <link:loc
          xlink:href="#h_53_0221da45_6993_a025_b2a3_88dd3cb4e7b1"
          xlink:label="h_53_0221da45_6993_a025_b2a3_88dd3cb4e7b1"
          xlink:type="locator"/>
        <link:footnoteArc
          xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote"
          xlink:from="h_53_0221da45_6993_a025_b2a3_88dd3cb4e7b1"
          xlink:to="f_0005_000002"
          xlink:type="arc"/>
        <link:loc
          xlink:href="#h_54_3dd74a22_f818_c85b_8a02_e91812261613"
          xlink:label="h_54_3dd74a22_f818_c85b_8a02_e91812261613"
          xlink:type="locator"/>
        <link:footnoteArc
          xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote"
          xlink:from="h_54_3dd74a22_f818_c85b_8a02_e91812261613"
          xlink:to="f_0005_000002"
          xlink:type="arc"/>
        <link:loc
          xlink:href="#h_6_1fd12318_184b_70d2_68c6_8738fe7146df"
          xlink:label="h_6_1fd12318_184b_70d2_68c6_8738fe7146df"
          xlink:type="locator"/>
        <link:footnoteArc
          xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote"
          xlink:from="h_6_1fd12318_184b_70d2_68c6_8738fe7146df"
          xlink:to="f_0001_000004"
          xlink:type="arc"/>
        <link:footnote id="f_0001_000007" xlink:label="f_0001_000007" xlink:role="http://www.xbrl.org/2003/role/footnote" xlink:type="resource" xml:lang="en-US">Acquired Fund Fees and Expenses are based on estimated amounts for the current fiscal year, reflecting the fees and expenses borne by the Fund as an investor in other investment companies during the six-month period ended November 30, 2022, and the expected investment of the proceeds of this offering.</link:footnote>
        <link:footnoteArc
          xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote"
          xlink:from="h_6_1fd12318_184b_70d2_68c6_8738fe7146df"
          xlink:to="f_0001_000007"
          xlink:type="arc"/>
        <link:loc
          xlink:href="#h_7_aacc37ef_ac06_c8a5_6f83_6ba49f7b49df"
          xlink:label="h_7_aacc37ef_ac06_c8a5_6f83_6ba49f7b49df"
          xlink:type="locator"/>
        <link:footnoteArc
          xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote"
          xlink:from="h_7_aacc37ef_ac06_c8a5_6f83_6ba49f7b49df"
          xlink:to="f_0001_000004"
          xlink:type="arc"/>
        <link:footnote id="f_0001_000010" xlink:label="f_0001_000010" xlink:role="http://www.xbrl.org/2003/role/footnote" xlink:type="resource" xml:lang="en-US">Other expenses are estimated for the current fiscal year.</link:footnote>
        <link:footnoteArc
          xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote"
          xlink:from="h_7_aacc37ef_ac06_c8a5_6f83_6ba49f7b49df"
          xlink:to="f_0001_000010"
          xlink:type="arc"/>
        <link:loc
          xlink:href="#h_8_bc0a9d7f_35d0_b5f2_f48d_0b1af9cb1216"
          xlink:label="h_8_bc0a9d7f_35d0_b5f2_f48d_0b1af9cb1216"
          xlink:type="locator"/>
        <link:footnoteArc
          xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote"
          xlink:from="h_8_bc0a9d7f_35d0_b5f2_f48d_0b1af9cb1216"
          xlink:to="f_0001_000004"
          xlink:type="arc"/>
        <link:footnote id="f_0001_000009" xlink:label="f_0001_000009" xlink:role="http://www.xbrl.org/2003/role/footnote" xlink:type="resource" xml:lang="en-US">The Total Annual Fund Operating Expenses in this fee table may not correlate to the expense ratios in the Fund&#x2019;s financial highlights and financial statements because the financial highlights and financial statements reflect only the operating expenses of the Fund and do not include Acquired Fund Fees and Expenses, which are fees and expenses incurred indirectly by the Fund through its investments in certain underlying investment companies.</link:footnote>
        <link:footnoteArc
          xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote"
          xlink:from="h_8_bc0a9d7f_35d0_b5f2_f48d_0b1af9cb1216"
          xlink:to="f_0001_000009"
          xlink:type="arc"/>
    </link:footnoteLink>
</xbrl>
</XML>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>8
<FILENAME>Show.js
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
// Edgar(tm) Renderer was created by staff of the U.S. Securities and Exchange Commission.  Data and content created by government employees within the scope of their employment are not subject to domestic copyright protection. 17 U.S.C. 105.
var Show={};Show.LastAR=null,Show.showAR=function(a,r,w){if(Show.LastAR)Show.hideAR();var e=a;while(e&&e.nodeName!='TABLE')e=e.nextSibling;if(!e||e.nodeName!='TABLE'){var ref=((window)?w.document:document).getElementById(r);if(ref){e=ref.cloneNode(!0);
e.removeAttribute('id');a.parentNode.appendChild(e)}}
if(e)e.style.display='block';Show.LastAR=e};Show.hideAR=function(){Show.LastAR.style.display='none'};Show.toggleNext=function(a){var e=a;while(e.nodeName!='DIV')e=e.nextSibling;if(!e.style){}else if(!e.style.display){}else{var d,p_;if(e.style.display=='none'){d='block';p='-'}else{d='none';p='+'}
e.style.display=d;if(a.textContent){a.textContent=p+a.textContent.substring(1)}else{a.innerText=p+a.innerText.substring(1)}}}
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>9
<FILENAME>report.css
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
/* Updated 2009-11-04 */
/* v2.2.0.24 */

/* DefRef Styles */
..report table.authRefData{
	background-color: #def;
	border: 2px solid #2F4497;
	font-size: 1em;
	position: absolute;
}

..report table.authRefData a {
	display: block;
	font-weight: bold;
}

..report table.authRefData p {
	margin-top: 0px;
}

..report table.authRefData .hide {
	background-color: #2F4497;
	padding: 1px 3px 0px 0px;
	text-align: right;
}

..report table.authRefData .hide a:hover {
	background-color: #2F4497;
}

..report table.authRefData .body {
	height: 150px;
	overflow: auto;
	width: 400px;
}

..report table.authRefData table{
	font-size: 1em;
}

/* Report Styles */
..pl a, .pl a:visited {
	color: black;
	text-decoration: none;
}

/* table */
..report {
	background-color: white;
	border: 2px solid #acf;
	clear: both;
	color: black;
	font: normal 8pt Helvetica, Arial, san-serif;
	margin-bottom: 2em;
}

..report hr {
	border: 1px solid #acf;
}

/* Top labels */
..report th {
	background-color: #acf;
	color: black;
	font-weight: bold;
	text-align: center;
}

..report th.void	{
	background-color: transparent;
	color: #000000;
	font: bold 10pt Helvetica, Arial, san-serif;
	text-align: left;
}

..report .pl {
	text-align: left;
	vertical-align: top;
	white-space: normal;
	width: 200px;
	white-space: normal; /* word-wrap: break-word; */
}

..report td.pl a.a {
	cursor: pointer;
	display: block;
	width: 200px;
	overflow: hidden;
}

..report td.pl div.a {
	width: 200px;
}

..report td.pl a:hover {
	background-color: #ffc;
}

/* Header rows... */
..report tr.rh {
	background-color: #acf;
	color: black;
	font-weight: bold;
}

/* Calendars... */
..report .rc {
	background-color: #f0f0f0;
}

/* Even rows... */
..report .re, .report .reu {
	background-color: #def;
}

..report .reu td {
	border-bottom: 1px solid black;
}

/* Odd rows... */
..report .ro, .report .rou {
	background-color: white;
}

..report .rou td {
	border-bottom: 1px solid black;
}

..report .rou table td, .report .reu table td {
	border-bottom: 0px solid black;
}

/* styles for footnote marker */
..report .fn {
	white-space: nowrap;
}

/* styles for numeric types */
..report .num, .report .nump {
	text-align: right;
	white-space: nowrap;
}

..report .nump {
	padding-left: 2em;
}

..report .nump {
	padding: 0px 0.4em 0px 2em;
}

/* styles for text types */
..report .text {
	text-align: left;
	white-space: normal;
}

..report .text .big {
	margin-bottom: 1em;
	width: 17em;
}

..report .text .more {
	display: none;
}

..report .text .note {
	font-style: italic;
	font-weight: bold;
}

..report .text .small {
	width: 10em;
}

..report sup {
	font-style: italic;
}

..report .outerFootnotes {
	font-size: 1em;
}
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>10
<FILENAME>FilingSummary.xml
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<XML>
<?xml version='1.0' encoding='utf-8'?>
<FilingSummary>
  <Version>3.23.1</Version>
  <ProcessingTime/>
  <ReportFormat>html</ReportFormat>
  <ContextCount>92</ContextCount>
  <ElementCount>63</ElementCount>
  <EntityCount>1</EntityCount>
  <FootnotesReported>true</FootnotesReported>
  <SegmentCount>62</SegmentCount>
  <ScenarioCount>0</ScenarioCount>
  <TuplesReported>false</TuplesReported>
  <UnitCount>4</UnitCount>
  <MyReports>
    <Report instance="d457076d424b5.htm">
      <IsDefault>false</IsDefault>
      <HasEmbeddedReports>false</HasEmbeddedReports>
      <HtmlFileName>R1.htm</HtmlFileName>
      <LongName>995470 - Disclosure - N-2</LongName>
      <ReportType>Sheet</ReportType>
      <Role>http://xbrl.sec.gov/cef/role/N2</Role>
      <ShortName>N-2</ShortName>
      <MenuCategory>Cover</MenuCategory>
      <Position>1</Position>
    </Report>
    <Report>
      <IsDefault>false</IsDefault>
      <HasEmbeddedReports>false</HasEmbeddedReports>
      <LongName>All Reports</LongName>
      <ReportType>Book</ReportType>
      <ShortName>All Reports</ShortName>
    </Report>
  </MyReports>
  <Logs>
    <Log type="Warning">[dq-0542-Deprecated-Concept] Concept SeniorSecuritiesCoveragePerUnit in cef/2022 used in 20 facts was deprecated in cef/2023 as of 2023-01-31 and should not be used. d457076d424b5.htm 7, 1457, 1463, 1481, 1487, 1493, 1499, 1505, 1511</Log>
    <Log type="Warning">[dq-0542-Deprecated-Concept] Concept SecurityAxis in cef/2022 used in 148 facts was deprecated in cef/2023 as of 2023-01-31 and should not be used. d457076d424b5.htm 7, 1456, 1457, 1462, 1463, 1480, 1481, 1486, 1487, 1492, 1493, 1498, 1499, 1504, 1505, 1510, 1511, 1518, 1524, 1536, 1542, 1548, 1554, 1560, 1566, 1572, 1592, 1593, 1594, 1595, 1596, 1597, 1600, 1601, 1602, 1603, 1604, 1605, 1608, 1609, 1610, 1611, 1612, 1613, 1616, 1617, 1618, 1619, 1620, 1621, 1624, 1625, 1626, 1627, 1628, 1629, 1632, 1633, 1634, 1635, 1636, 1637, 1640, 1641, 1642, 1643, 1644, 1645, 1648, 1649, 1650, 1651, 1652, 1653, 1656, 1657, 1658, 1659, 1660, 1661, 1676, 1684, 1687</Log>
    <Log type="Warning">[dq-0542-Deprecated-Concept] Concept SeniorSecuritiesInvoluntaryLiquidatingPreferencePerUnit in cef/2022 used in 20 facts was deprecated in cef/2023 as of 2023-01-31 and should not be used. d457076d424b5.htm 7</Log>
    <Log type="Warning">[dq-0542-Deprecated-Concept] Concept SeniorSecuritiesAmount in cef/2022 used in 20 facts was deprecated in cef/2023 as of 2023-01-31 and should not be used. d457076d424b5.htm 7, 1456, 1462, 1480, 1486, 1492, 1498, 1504, 1510, 1518, 1524, 1536, 1542, 1548, 1554, 1560, 1566, 1572</Log>
    <Log type="Warning">[dq-0542-Deprecated-Concept] Concept LatestSharePrice in cef/2022 used in 1 facts was deprecated in cef/2023 as of 2023-01-31 and should not be used. d457076d424b5.htm 1661</Log>
    <Log type="Warning">[dq-0542-Deprecated-Concept] Concept LatestNav in cef/2022 used in 1 facts was deprecated in cef/2023 as of 2023-01-31 and should not be used. d457076d424b5.htm 1661</Log>
    <Log type="Warning">[ix-0514-Hidden-Fact-Not-Referenced] WARN: 1 fact(s) appearing in ix:hidden were not referenced by any -sec-ix-hidden style property: cef:OutstandingSecurityAuthorizedShares -  d457076d424b5.htm 7</Log>
  </Logs>
  <InputFiles>
    <File doctype="424B5" original="d457076d424b5.htm">d457076d424b5.htm</File>
    <File>gsof-20210920.xsd</File>
  </InputFiles>
  <SupplementalFiles>
    <File>g457076g1cantor_logo.jpg</File>
    <File>g457076g1guggenheim_logo2.jpg</File>
    <File>g457076g2guggenheim_logo2.jpg</File>
  </SupplementalFiles>
  <BaseTaxonomies>
    <BaseTaxonomy items="243">http://xbrl.sec.gov/cef/2022</BaseTaxonomy>
    <BaseTaxonomy items="4">http://xbrl.sec.gov/dei/2022</BaseTaxonomy>
  </BaseTaxonomies>
  <HasPresentationLinkbase>false</HasPresentationLinkbase>
  <HasCalculationLinkbase>false</HasCalculationLinkbase>
</FilingSummary>
</XML>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>JSON
<SEQUENCE>13
<FILENAME>MetaLinks.json
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
{
 "instance": {
  "d457076d424b5.htm": {
   "axisCustom": 0,
   "axisStandard": 2,
   "baseTaxonomies": {
    "http://xbrl.sec.gov/cef/2022": 243,
    "http://xbrl.sec.gov/dei/2022": 4
   },
   "contextCount": 92,
   "dts": {
    "inline": {
     "local": [
      "d457076d424b5.htm"
     ]
    },
    "schema": {
     "local": [
      "gsof-20210920.xsd"
     ],
     "remote": [
      "http://www.xbrl.org/2003/xbrl-instance-2003-12-31.xsd",
      "http://www.xbrl.org/2003/xbrl-linkbase-2003-12-31.xsd",
      "http://www.xbrl.org/2003/xl-2003-12-31.xsd",
      "http://www.xbrl.org/2003/xlink-2003-12-31.xsd",
      "http://www.xbrl.org/2005/xbrldt-2005.xsd",
      "http://www.xbrl.org/2006/ref-2006-02-27.xsd",
      "http://www.xbrl.org/2006/xbrldi-2006.xsd",
      "https://www.xbrl.org/dtr/type/2020-01-21/types.xsd",
      "https://xbrl.sec.gov/cef/2022/cef-2022.xsd",
      "https://xbrl.sec.gov/dei/2022/dei-2022.xsd",
      "https://xbrl.sec.gov/dei/2022/dei-2022_lab.xsd"
     ]
    }
   },
   "elementCount": 251,
   "entityCount": 1,
   "hidden": {
    "http://xbrl.sec.gov/cef/2022": 57,
    "http://xbrl.sec.gov/dei/2022": 3,
    "total": 60
   },
   "keyCustom": 0,
   "keyStandard": 63,
   "memberCustom": 62,
   "memberStandard": 0,
   "nsprefix": "gsof",
   "nsuri": "http://www.guggenheiminvestments.com/20210920",
   "report": {
    "R1": {
     "firstAnchor": {
      "ancestors": [
       "span",
       "div",
       "div",
       "div",
       "div",
       "div",
       "div",
       "div",
       "div",
       "div",
       "body",
       "html"
      ],
      "baseRef": "d457076d424b5.htm",
      "contextRef": "DefaultContext",
      "decimals": null,
      "first": true,
      "lang": "en-US",
      "name": "dei:EntityRegistrantName",
      "reportCount": 1,
      "unique": true,
      "unitRef": null,
      "xsiNil": "false"
     },
     "groupType": "disclosure",
     "isDefault": "true",
     "longName": "995470 - Disclosure - N-2",
     "menuCat": "Cover",
     "order": "1",
     "role": "http://xbrl.sec.gov/cef/role/N2",
     "shortName": "N-2",
     "subGroupType": "",
     "uniqueAnchor": {
      "ancestors": [
       "span",
       "div",
       "div",
       "div",
       "div",
       "div",
       "div",
       "div",
       "div",
       "div",
       "body",
       "html"
      ],
      "baseRef": "d457076d424b5.htm",
      "contextRef": "DefaultContext",
      "decimals": null,
      "first": true,
      "lang": "en-US",
      "name": "dei:EntityRegistrantName",
      "reportCount": 1,
      "unique": true,
      "unitRef": null,
      "xsiNil": "false"
     }
    }
   },
   "segmentCount": 62,
   "tag": {
    "cef_AcquiredFundFeesAndExpensesNoteTextBlock": {
     "auth_ref": [
      "r32"
     ],
     "lang": {
      "en-us": {
       "role": {
        "label": "Acquired Fund Fees and Expenses, Note [Text Block]"
       }
      }
     },
     "localname": "AcquiredFundFeesAndExpensesNoteTextBlock",
     "nsuri": "http://xbrl.sec.gov/cef/2022",
     "presentation": [
      "http://xbrl.sec.gov/cef/role/N2"
     ],
     "xbrltype": "textBlockItemType"
    },
    "cef_AcquiredFundFeesAndExpensesPercent": {
     "auth_ref": [
      "r33"
     ],
     "lang": {
      "en-us": {
       "role": {
        "label": "Acquired Fund Fees and Expenses [Percent]"
       }
      }
     },
     "localname": "AcquiredFundFeesAndExpensesPercent",
     "nsuri": "http://xbrl.sec.gov/cef/2022",
     "presentation": [
      "http://xbrl.sec.gov/cef/role/N2"
     ],
     "xbrltype": "percentItemType"
    },
    "cef_AcquiredFundFeesEstimatedNoteTextBlock": {
     "auth_ref": [
      "r34"
     ],
     "lang": {
      "en-us": {
       "role": {
        "label": "Acquired Fund Fees Estimated, Note [Text Block]"
       }
      }
     },
     "localname": "AcquiredFundFeesEstimatedNoteTextBlock",
     "nsuri": "http://xbrl.sec.gov/cef/2022",
     "presentation": [
      "http://xbrl.sec.gov/cef/role/N2"
     ],
     "xbrltype": "textBlockItemType"
    },
    "cef_AcquiredFundIncentiveAllocationNoteTextBlock": {
     "auth_ref": [
      "r35"
     ],
     "lang": {
      "en-us": {
       "role": {
        "label": "Acquired Fund Incentive Allocation, Note [Text Block]"
       }
      }
     },
     "localname": "AcquiredFundIncentiveAllocationNoteTextBlock",
     "nsuri": "http://xbrl.sec.gov/cef/2022",
     "presentation": [
      "http://xbrl.sec.gov/cef/role/N2"
     ],
     "xbrltype": "textBlockItemType"
    },
    "cef_AcquiredFundTotalAnnualExpensesNoteTextBlock": {
     "auth_ref": [
      "r36"
     ],
     "lang": {
      "en-us": {
       "role": {
        "label": "Acquired Fund Total Annual Expenses, Note [Text Block]"
       }
      }
     },
     "localname": "AcquiredFundTotalAnnualExpensesNoteTextBlock",
     "nsuri": "http://xbrl.sec.gov/cef/2022",
     "presentation": [
      "http://xbrl.sec.gov/cef/role/N2"
     ],
     "xbrltype": "textBlockItemType"
    },
    "cef_AllRisksMember": {
     "auth_ref": [],
     "lang": {
      "en-us": {
       "role": {
        "label": "All Risks:"
       }
      }
     },
     "localname": "AllRisksMember",
     "nsuri": "http://xbrl.sec.gov/cef/2022",
     "presentation": [
      "http://xbrl.sec.gov/cef/role/N2"
     ],
     "xbrltype": "domainItemType"
    },
    "cef_AllSecuritiesMember": {
     "auth_ref": [
      "r5"
     ],
     "lang": {
      "en-us": {
       "role": {
        "label": "All Securities:"
       }
      }
     },
     "localname": "AllSecuritiesMember",
     "nsuri": "http://xbrl.sec.gov/cef/2022",
     "presentation": [
      "http://xbrl.sec.gov/cef/role/N2"
     ],
     "xbrltype": "domainItemType"
    },
    "cef_AnnualCoverageReturnRatePercent": {
     "auth_ref": [
      "r62"
     ],
     "lang": {
      "en-us": {
       "role": {
        "label": "Annual Coverage Return Rate [Percent]"
       }
      }
     },
     "localname": "AnnualCoverageReturnRatePercent",
     "nsuri": "http://xbrl.sec.gov/cef/2022",
     "presentation": [
      "http://xbrl.sec.gov/cef/role/N2"
     ],
     "xbrltype": "percentItemType"
    },
    "cef_AnnualDividendPayment": {
     "auth_ref": [
      "r61"
     ],
     "lang": {
      "en-us": {
       "role": {
        "label": "Annual Dividend Payment"
       }
      }
     },
     "localname": "AnnualDividendPayment",
     "nsuri": "http://xbrl.sec.gov/cef/2022",
     "presentation": [
      "http://xbrl.sec.gov/cef/role/N2"
     ],
     "xbrltype": "perShareItemType"
    },
    "cef_AnnualDividendPaymentCurrent": {
     "auth_ref": [
      "r61"
     ],
     "lang": {
      "en-us": {
       "role": {
        "label": "Annual Dividend Payment, Current"
       }
      }
     },
     "localname": "AnnualDividendPaymentCurrent",
     "nsuri": "http://xbrl.sec.gov/cef/2022",
     "presentation": [
      "http://xbrl.sec.gov/cef/role/N2"
     ],
     "xbrltype": "perShareItemType"
    },
    "cef_AnnualDividendPaymentInitial": {
     "auth_ref": [
      "r61"
     ],
     "lang": {
      "en-us": {
       "role": {
        "label": "Annual Dividend Payment, Initial"
       }
      }
     },
     "localname": "AnnualDividendPaymentInitial",
     "nsuri": "http://xbrl.sec.gov/cef/2022",
     "presentation": [
      "http://xbrl.sec.gov/cef/role/N2"
     ],
     "xbrltype": "perShareItemType"
    },
    "cef_AnnualExpensesTableTextBlock": {
     "auth_ref": [
      "r40"
     ],
     "lang": {
      "en-us": {
       "role": {
        "label": "Annual Expenses [Table Text Block]"
       }
      }
     },
     "localname": "AnnualExpensesTableTextBlock",
     "nsuri": "http://xbrl.sec.gov/cef/2022",
     "presentation": [
      "http://xbrl.sec.gov/cef/role/N2"
     ],
     "xbrltype": "textBlockItemType"
    },
    "cef_AnnualInterestRateCurrentPercent": {
     "auth_ref": [
      "r61"
     ],
     "lang": {
      "en-us": {
       "role": {
        "label": "Annual Interest Rate, Current [Percent]"
       }
      }
     },
     "localname": "AnnualInterestRateCurrentPercent",
     "nsuri": "http://xbrl.sec.gov/cef/2022",
     "presentation": [
      "http://xbrl.sec.gov/cef/role/N2"
     ],
     "xbrltype": "percentItemType"
    },
    "cef_AnnualInterestRateInitialPercent": {
     "auth_ref": [
      "r61"
     ],
     "lang": {
      "en-us": {
       "role": {
        "label": "Annual Interest Rate, Initial [Percent]"
       }
      }
     },
     "localname": "AnnualInterestRateInitialPercent",
     "nsuri": "http://xbrl.sec.gov/cef/2022",
     "presentation": [
      "http://xbrl.sec.gov/cef/role/N2"
     ],
     "xbrltype": "percentItemType"
    },
    "cef_AnnualInterestRatePercent": {
     "auth_ref": [
      "r61"
     ],
     "lang": {
      "en-us": {
       "role": {
        "label": "Annual Interest Rate [Percent]"
       }
      }
     },
     "localname": "AnnualInterestRatePercent",
     "nsuri": "http://xbrl.sec.gov/cef/2022",
     "presentation": [
      "http://xbrl.sec.gov/cef/role/N2"
     ],
     "xbrltype": "percentItemType"
    },
    "cef_BasisOfTransactionFeesNoteTextBlock": {
     "auth_ref": [
      "r38"
     ],
     "lang": {
      "en-us": {
       "role": {
        "label": "Basis of Transaction Fees, Note [Text Block]"
       }
      }
     },
     "localname": "BasisOfTransactionFeesNoteTextBlock",
     "nsuri": "http://xbrl.sec.gov/cef/2022",
     "presentation": [
      "http://xbrl.sec.gov/cef/role/N2"
     ],
     "xbrltype": "textBlockItemType"
    },
    "cef_BdcFileNumber": {
     "auth_ref": [],
     "lang": {
      "en-us": {
       "role": {
        "label": "BDC File Number"
       }
      }
     },
     "localname": "BdcFileNumber",
     "nsuri": "http://xbrl.sec.gov/cef/2022",
     "presentation": [
      "http://xbrl.sec.gov/cef/role/N2"
     ],
     "xbrltype": "fileNumberItemType"
    },
    "cef_BusinessDevelopmentCompanyFlag": {
     "auth_ref": [
      "r5"
     ],
     "lang": {
      "en-us": {
       "role": {
        "label": "Business Development Company [Flag]"
       }
      }
     },
     "localname": "BusinessDevelopmentCompanyFlag",
     "nsuri": "http://xbrl.sec.gov/cef/2022",
     "presentation": [
      "http://xbrl.sec.gov/cef/role/N2"
     ],
     "xbrltype": "booleanItemType"
    },
    "cef_CapitalStockLongTermDebtAndOtherSecuritiesAbstract": {
     "auth_ref": [
      "r6"
     ],
     "lang": {
      "en-us": {
       "role": {
        "label": "Capital Stock, Long-Term Debt, and Other Securities [Abstract]"
       }
      }
     },
     "localname": "CapitalStockLongTermDebtAndOtherSecuritiesAbstract",
     "nsuri": "http://xbrl.sec.gov/cef/2022",
     "presentation": [
      "http://xbrl.sec.gov/cef/role/N2"
     ],
     "xbrltype": "stringItemType"
    },
    "cef_CapitalStockTableTextBlock": {
     "auth_ref": [
      "r7"
     ],
     "lang": {
      "en-us": {
       "role": {
        "label": "Capital Stock [Table Text Block]"
       }
      }
     },
     "localname": "CapitalStockTableTextBlock",
     "nsuri": "http://xbrl.sec.gov/cef/2022",
     "presentation": [
      "http://xbrl.sec.gov/cef/role/N2"
     ],
     "xbrltype": "textBlockItemType"
    },
    "cef_DistributionServicingFeesPercent": {
     "auth_ref": [
      "r44"
     ],
     "lang": {
      "en-us": {
       "role": {
        "label": "Distribution/Servicing Fees [Percent]"
       }
      }
     },
     "localname": "DistributionServicingFeesPercent",
     "nsuri": "http://xbrl.sec.gov/cef/2022",
     "presentation": [
      "http://xbrl.sec.gov/cef/role/N2"
     ],
     "xbrltype": "percentItemType"
    },
    "cef_DistributionsMayReducePrincipalTextBlock": {
     "auth_ref": [
      "r14"
     ],
     "lang": {
      "en-us": {
       "role": {
        "label": "Distributions May Reduce Principal [Text Block]"
       }
      }
     },
     "localname": "DistributionsMayReducePrincipalTextBlock",
     "nsuri": "http://xbrl.sec.gov/cef/2022",
     "presentation": [
      "http://xbrl.sec.gov/cef/role/N2"
     ],
     "xbrltype": "textBlockItemType"
    },
    "cef_DividendAndInterestExpensesOnShortSalesPercent": {
     "auth_ref": [
      "r44"
     ],
     "lang": {
      "en-us": {
       "role": {
        "label": "Dividend and Interest Expenses on Short Sales [Percent]"
       }
      }
     },
     "localname": "DividendAndInterestExpensesOnShortSalesPercent",
     "nsuri": "http://xbrl.sec.gov/cef/2022",
     "presentation": [
      "http://xbrl.sec.gov/cef/role/N2"
     ],
     "xbrltype": "percentItemType"
    },
    "cef_DividendExpenseOnPreferredSharesPercent": {
     "auth_ref": [
      "r44"
     ],
     "lang": {
      "en-us": {
       "role": {
        "label": "Dividend Expenses on Preferred Shares [Percent]"
       }
      }
     },
     "localname": "DividendExpenseOnPreferredSharesPercent",
     "nsuri": "http://xbrl.sec.gov/cef/2022",
     "presentation": [
      "http://xbrl.sec.gov/cef/role/N2"
     ],
     "xbrltype": "percentItemType"
    },
    "cef_DividendReinvestmentAndCashPurchaseFees": {
     "auth_ref": [
      "r30"
     ],
     "lang": {
      "en-us": {
       "role": {
        "label": "Dividend Reinvestment and Cash Purchase Fees"
       }
      }
     },
     "localname": "DividendReinvestmentAndCashPurchaseFees",
     "nsuri": "http://xbrl.sec.gov/cef/2022",
     "presentation": [
      "http://xbrl.sec.gov/cef/role/N2"
     ],
     "xbrltype": "monetaryItemType"
    },
    "cef_EffectsOfLeveragePurposeTextBlock": {
     "auth_ref": [
      "r63"
     ],
     "lang": {
      "en-us": {
       "role": {
        "label": "Effects of Leverage, Purpose [Text Block]"
       }
      }
     },
     "localname": "EffectsOfLeveragePurposeTextBlock",
     "nsuri": "http://xbrl.sec.gov/cef/2022",
     "presentation": [
      "http://xbrl.sec.gov/cef/role/N2"
     ],
     "xbrltype": "textBlockItemType"
    },
    "cef_EffectsOfLeverageTableTextBlock": {
     "auth_ref": [
      "r63"
     ],
     "lang": {
      "en-us": {
       "role": {
        "label": "Effects of Leverage [Table Text Block]"
       }
      }
     },
     "localname": "EffectsOfLeverageTableTextBlock",
     "nsuri": "http://xbrl.sec.gov/cef/2022",
     "presentation": [
      "http://xbrl.sec.gov/cef/role/N2"
     ],
     "xbrltype": "textBlockItemType"
    },
    "cef_EffectsOfLeverageTextBlock": {
     "auth_ref": [
      "r60"
     ],
     "lang": {
      "en-us": {
       "role": {
        "label": "Effects of Leverage [Text Block]"
       }
      }
     },
     "localname": "EffectsOfLeverageTextBlock",
     "nsuri": "http://xbrl.sec.gov/cef/2022",
     "presentation": [
      "http://xbrl.sec.gov/cef/role/N2"
     ],
     "xbrltype": "textBlockItemType"
    },
    "cef_ExpenseExampleTableTextBlock": {
     "auth_ref": [
      "r30"
     ],
     "lang": {
      "en-us": {
       "role": {
        "label": "Expense Example [Table Text Block]"
       }
      }
     },
     "localname": "ExpenseExampleTableTextBlock",
     "nsuri": "http://xbrl.sec.gov/cef/2022",
     "presentation": [
      "http://xbrl.sec.gov/cef/role/N2"
     ],
     "xbrltype": "textBlockItemType"
    },
    "cef_ExpenseExampleYear01": {
     "auth_ref": [
      "r37"
     ],
     "lang": {
      "en-us": {
       "role": {
        "label": "Expense Example, Year 01"
       }
      }
     },
     "localname": "ExpenseExampleYear01",
     "nsuri": "http://xbrl.sec.gov/cef/2022",
     "presentation": [
      "http://xbrl.sec.gov/cef/role/N2"
     ],
     "xbrltype": "monetaryItemType"
    },
    "cef_ExpenseExampleYears1to10": {
     "auth_ref": [
      "r37"
     ],
     "lang": {
      "en-us": {
       "role": {
        "label": "Expense Example, Years 1 to 10"
       }
      }
     },
     "localname": "ExpenseExampleYears1to10",
     "nsuri": "http://xbrl.sec.gov/cef/2022",
     "presentation": [
      "http://xbrl.sec.gov/cef/role/N2"
     ],
     "xbrltype": "monetaryItemType"
    },
    "cef_ExpenseExampleYears1to3": {
     "auth_ref": [
      "r37"
     ],
     "lang": {
      "en-us": {
       "role": {
        "label": "Expense Example, Years 1 to 3"
       }
      }
     },
     "localname": "ExpenseExampleYears1to3",
     "nsuri": "http://xbrl.sec.gov/cef/2022",
     "presentation": [
      "http://xbrl.sec.gov/cef/role/N2"
     ],
     "xbrltype": "monetaryItemType"
    },
    "cef_ExpenseExampleYears1to5": {
     "auth_ref": [
      "r37"
     ],
     "lang": {
      "en-us": {
       "role": {
        "label": "Expense Example, Years 1 to 5"
       }
      }
     },
     "localname": "ExpenseExampleYears1to5",
     "nsuri": "http://xbrl.sec.gov/cef/2022",
     "presentation": [
      "http://xbrl.sec.gov/cef/role/N2"
     ],
     "xbrltype": "monetaryItemType"
    },
    "cef_FeeTableAbstract": {
     "auth_ref": [
      "r30"
     ],
     "lang": {
      "en-us": {
       "role": {
        "label": "Fee Table [Abstract]"
       }
      }
     },
     "localname": "FeeTableAbstract",
     "nsuri": "http://xbrl.sec.gov/cef/2022",
     "presentation": [
      "http://xbrl.sec.gov/cef/role/N2"
     ],
     "xbrltype": "stringItemType"
    },
    "cef_FinancialHighlightsAbstract": {
     "auth_ref": [
      "r45"
     ],
     "lang": {
      "en-us": {
       "role": {
        "label": "Financial Highlights [Abstract]"
       }
      }
     },
     "localname": "FinancialHighlightsAbstract",
     "nsuri": "http://xbrl.sec.gov/cef/2022",
     "presentation": [
      "http://xbrl.sec.gov/cef/role/N2"
     ],
     "xbrltype": "stringItemType"
    },
    "cef_GeneralDescriptionOfRegistrantAbstract": {
     "auth_ref": [
      "r57"
     ],
     "lang": {
      "en-us": {
       "role": {
        "label": "General Description of Registrant [Abstract]"
       }
      }
     },
     "localname": "GeneralDescriptionOfRegistrantAbstract",
     "nsuri": "http://xbrl.sec.gov/cef/2022",
     "presentation": [
      "http://xbrl.sec.gov/cef/role/N2"
     ],
     "xbrltype": "stringItemType"
    },
    "cef_HighestPriceOrBid": {
     "auth_ref": [
      "r64"
     ],
     "lang": {
      "en-us": {
       "role": {
        "label": "Highest Price or Bid"
       }
      }
     },
     "localname": "HighestPriceOrBid",
     "nsuri": "http://xbrl.sec.gov/cef/2022",
     "presentation": [
      "http://xbrl.sec.gov/cef/role/N2"
     ],
     "xbrltype": "perShareItemType"
    },
    "cef_HighestPriceOrBidNav": {
     "auth_ref": [
      "r68"
     ],
     "lang": {
      "en-us": {
       "role": {
        "label": "Highest Price or Bid, NAV"
       }
      }
     },
     "localname": "HighestPriceOrBidNav",
     "nsuri": "http://xbrl.sec.gov/cef/2022",
     "presentation": [
      "http://xbrl.sec.gov/cef/role/N2"
     ],
     "xbrltype": "perShareItemType"
    },
    "cef_HighestPriceOrBidPremiumDiscountToNavPercent": {
     "auth_ref": [
      "r69"
     ],
     "lang": {
      "en-us": {
       "role": {
        "label": "Highest Price or Bid, Premium (Discount) to NAV [Percent]"
       }
      }
     },
     "localname": "HighestPriceOrBidPremiumDiscountToNavPercent",
     "nsuri": "http://xbrl.sec.gov/cef/2022",
     "presentation": [
      "http://xbrl.sec.gov/cef/role/N2"
     ],
     "xbrltype": "percentItemType"
    },
    "cef_IncentiveAllocationMaximumPercent": {
     "auth_ref": [
      "r35"
     ],
     "lang": {
      "en-us": {
       "role": {
        "label": "Incentive Allocation Maximum [Percent]"
       }
      }
     },
     "localname": "IncentiveAllocationMaximumPercent",
     "nsuri": "http://xbrl.sec.gov/cef/2022",
     "presentation": [
      "http://xbrl.sec.gov/cef/role/N2"
     ],
     "xbrltype": "percentItemType"
    },
    "cef_IncentiveAllocationMinimumPercent": {
     "auth_ref": [
      "r35"
     ],
     "lang": {
      "en-us": {
       "role": {
        "label": "Incentive Allocation Minimum [Percent]"
       }
      }
     },
     "localname": "IncentiveAllocationMinimumPercent",
     "nsuri": "http://xbrl.sec.gov/cef/2022",
     "presentation": [
      "http://xbrl.sec.gov/cef/role/N2"
     ],
     "xbrltype": "percentItemType"
    },
    "cef_IncentiveAllocationPercent": {
     "auth_ref": [
      "r35"
     ],
     "lang": {
      "en-us": {
       "role": {
        "label": "Incentive Allocation [Percent]"
       }
      }
     },
     "localname": "IncentiveAllocationPercent",
     "nsuri": "http://xbrl.sec.gov/cef/2022",
     "presentation": [
      "http://xbrl.sec.gov/cef/role/N2"
     ],
     "xbrltype": "percentItemType"
    },
    "cef_IncentiveFeesPercent": {
     "auth_ref": [
      "r44"
     ],
     "lang": {
      "en-us": {
       "role": {
        "label": "Incentive Fees [Percent]"
       }
      }
     },
     "localname": "IncentiveFeesPercent",
     "nsuri": "http://xbrl.sec.gov/cef/2022",
     "presentation": [
      "http://xbrl.sec.gov/cef/role/N2"
     ],
     "xbrltype": "percentItemType"
    },
    "cef_InterestExpensesOnBorrowingsPercent": {
     "auth_ref": [
      "r43"
     ],
     "lang": {
      "en-us": {
       "role": {
        "label": "Interest Expenses on Borrowings [Percent]"
       }
      }
     },
     "localname": "InterestExpensesOnBorrowingsPercent",
     "nsuri": "http://xbrl.sec.gov/cef/2022",
     "presentation": [
      "http://xbrl.sec.gov/cef/role/N2"
     ],
     "xbrltype": "percentItemType"
    },
    "cef_IntervalFundFlag": {
     "auth_ref": [
      "r5"
     ],
     "lang": {
      "en-us": {
       "role": {
        "label": "Interval Fund [Flag]"
       }
      }
     },
     "localname": "IntervalFundFlag",
     "nsuri": "http://xbrl.sec.gov/cef/2022",
     "presentation": [
      "http://xbrl.sec.gov/cef/role/N2"
     ],
     "xbrltype": "booleanItemType"
    },
    "cef_InvestmentObjectivesAndPracticesTextBlock": {
     "auth_ref": [
      "r58"
     ],
     "lang": {
      "en-us": {
       "role": {
        "label": "Investment Objectives and Practices [Text Block]"
       }
      }
     },
     "localname": "InvestmentObjectivesAndPracticesTextBlock",
     "nsuri": "http://xbrl.sec.gov/cef/2022",
     "presentation": [
      "http://xbrl.sec.gov/cef/role/N2"
     ],
     "xbrltype": "textBlockItemType"
    },
    "cef_LatestNav": {
     "auth_ref": [
      "r70"
     ],
     "lang": {
      "en-us": {
       "role": {
        "label": "Latest NAV"
       }
      }
     },
     "localname": "LatestNav",
     "nsuri": "http://xbrl.sec.gov/cef/2022",
     "presentation": [
      "http://xbrl.sec.gov/cef/role/N2"
     ],
     "xbrltype": "perShareItemType"
    },
    "cef_LatestPremiumDiscountToNavPercent": {
     "auth_ref": [
      "r70"
     ],
     "lang": {
      "en-us": {
       "role": {
        "label": "Latest Premium (Discount) to NAV [Percent]"
       }
      }
     },
     "localname": "LatestPremiumDiscountToNavPercent",
     "nsuri": "http://xbrl.sec.gov/cef/2022",
     "presentation": [
      "http://xbrl.sec.gov/cef/role/N2"
     ],
     "xbrltype": "percentItemType"
    },
    "cef_LatestSharePrice": {
     "auth_ref": [
      "r70"
     ],
     "lang": {
      "en-us": {
       "role": {
        "label": "Latest Share Price"
       }
      }
     },
     "localname": "LatestSharePrice",
     "nsuri": "http://xbrl.sec.gov/cef/2022",
     "presentation": [
      "http://xbrl.sec.gov/cef/role/N2"
     ],
     "xbrltype": "perShareItemType"
    },
    "cef_LoanServicingFeesPercent": {
     "auth_ref": [
      "r44"
     ],
     "lang": {
      "en-us": {
       "role": {
        "label": "Loan Servicing Fees [Percent]"
       }
      }
     },
     "localname": "LoanServicingFeesPercent",
     "nsuri": "http://xbrl.sec.gov/cef/2022",
     "presentation": [
      "http://xbrl.sec.gov/cef/role/N2"
     ],
     "xbrltype": "percentItemType"
    },
    "cef_LongTermDebtDividendsAndCovenantsTextBlock": {
     "auth_ref": [
      "r21"
     ],
     "lang": {
      "en-us": {
       "role": {
        "label": "Long Term Debt, Dividends and Covenants [Text Block]"
       }
      }
     },
     "localname": "LongTermDebtDividendsAndCovenantsTextBlock",
     "nsuri": "http://xbrl.sec.gov/cef/2022",
     "presentation": [
      "http://xbrl.sec.gov/cef/role/N2"
     ],
     "xbrltype": "textBlockItemType"
    },
    "cef_LongTermDebtIssuanceAndSubstitutionTextBlock": {
     "auth_ref": [
      "r22"
     ],
     "lang": {
      "en-us": {
       "role": {
        "label": "Long Term Debt, Issuance and Substitution [Text Block]"
       }
      }
     },
     "localname": "LongTermDebtIssuanceAndSubstitutionTextBlock",
     "nsuri": "http://xbrl.sec.gov/cef/2022",
     "presentation": [
      "http://xbrl.sec.gov/cef/role/N2"
     ],
     "xbrltype": "textBlockItemType"
    },
    "cef_LongTermDebtPrincipal": {
     "auth_ref": [
      "r19"
     ],
     "lang": {
      "en-us": {
       "role": {
        "label": "Long Term Debt, Principal"
       }
      }
     },
     "localname": "LongTermDebtPrincipal",
     "nsuri": "http://xbrl.sec.gov/cef/2022",
     "presentation": [
      "http://xbrl.sec.gov/cef/role/N2"
     ],
     "xbrltype": "monetaryItemType"
    },
    "cef_LongTermDebtRightsLimitedByOtherSecuritiesTextBlock": {
     "auth_ref": [
      "r23"
     ],
     "lang": {
      "en-us": {
       "role": {
        "label": "Long Term Debt, Rights Limited by Other Securities [Text Block]"
       }
      }
     },
     "localname": "LongTermDebtRightsLimitedByOtherSecuritiesTextBlock",
     "nsuri": "http://xbrl.sec.gov/cef/2022",
     "presentation": [
      "http://xbrl.sec.gov/cef/role/N2"
     ],
     "xbrltype": "textBlockItemType"
    },
    "cef_LongTermDebtStructuringTextBlock": {
     "auth_ref": [
      "r20"
     ],
     "lang": {
      "en-us": {
       "role": {
        "label": "Long Term Debt, Structuring [Text Block]"
       }
      }
     },
     "localname": "LongTermDebtStructuringTextBlock",
     "nsuri": "http://xbrl.sec.gov/cef/2022",
     "presentation": [
      "http://xbrl.sec.gov/cef/role/N2"
     ],
     "xbrltype": "textBlockItemType"
    },
    "cef_LongTermDebtTableTextBlock": {
     "auth_ref": [
      "r19"
     ],
     "lang": {
      "en-us": {
       "role": {
        "label": "Long Term Debt [Table Text Block]"
       }
      }
     },
     "localname": "LongTermDebtTableTextBlock",
     "nsuri": "http://xbrl.sec.gov/cef/2022",
     "presentation": [
      "http://xbrl.sec.gov/cef/role/N2"
     ],
     "xbrltype": "textBlockItemType"
    },
    "cef_LongTermDebtTitleTextBlock": {
     "auth_ref": [
      "r19"
     ],
     "lang": {
      "en-us": {
       "role": {
        "label": "Long Term Debt, Title [Text Block]"
       }
      }
     },
     "localname": "LongTermDebtTitleTextBlock",
     "nsuri": "http://xbrl.sec.gov/cef/2022",
     "presentation": [
      "http://xbrl.sec.gov/cef/role/N2"
     ],
     "xbrltype": "textBlockItemType"
    },
    "cef_LowestPriceOrBid": {
     "auth_ref": [
      "r64"
     ],
     "lang": {
      "en-us": {
       "role": {
        "label": "Lowest Price or Bid"
       }
      }
     },
     "localname": "LowestPriceOrBid",
     "nsuri": "http://xbrl.sec.gov/cef/2022",
     "presentation": [
      "http://xbrl.sec.gov/cef/role/N2"
     ],
     "xbrltype": "perShareItemType"
    },
    "cef_LowestPriceOrBidNav": {
     "auth_ref": [
      "r68"
     ],
     "lang": {
      "en-us": {
       "role": {
        "label": "Lowest Price or Bid, NAV"
       }
      }
     },
     "localname": "LowestPriceOrBidNav",
     "nsuri": "http://xbrl.sec.gov/cef/2022",
     "presentation": [
      "http://xbrl.sec.gov/cef/role/N2"
     ],
     "xbrltype": "perShareItemType"
    },
    "cef_LowestPriceOrBidPremiumDiscountToNavPercent": {
     "auth_ref": [
      "r69"
     ],
     "lang": {
      "en-us": {
       "role": {
        "label": "Lowest Price or Bid, Premium (Discount) to NAV [Percent]"
       }
      }
     },
     "localname": "LowestPriceOrBidPremiumDiscountToNavPercent",
     "nsuri": "http://xbrl.sec.gov/cef/2022",
     "presentation": [
      "http://xbrl.sec.gov/cef/role/N2"
     ],
     "xbrltype": "percentItemType"
    },
    "cef_ManagementFeeNotBasedOnNetAssetsNoteTextBlock": {
     "auth_ref": [
      "r42"
     ],
     "lang": {
      "en-us": {
       "role": {
        "label": "Management Fee not based on Net Assets, Note [Text Block]"
       }
      }
     },
     "localname": "ManagementFeeNotBasedOnNetAssetsNoteTextBlock",
     "nsuri": "http://xbrl.sec.gov/cef/2022",
     "presentation": [
      "http://xbrl.sec.gov/cef/role/N2"
     ],
     "xbrltype": "textBlockItemType"
    },
    "cef_ManagementFeesPercent": {
     "auth_ref": [
      "r41"
     ],
     "lang": {
      "en-us": {
       "role": {
        "label": "Management Fees [Percent]"
       }
      }
     },
     "localname": "ManagementFeesPercent",
     "nsuri": "http://xbrl.sec.gov/cef/2022",
     "presentation": [
      "http://xbrl.sec.gov/cef/role/N2"
     ],
     "xbrltype": "percentItemType"
    },
    "cef_NetExpenseOverAssetsPercent": {
     "auth_ref": [
      "r44"
     ],
     "lang": {
      "en-us": {
       "role": {
        "label": "Net Expense over Assets [Percent]"
       }
      }
     },
     "localname": "NetExpenseOverAssetsPercent",
     "nsuri": "http://xbrl.sec.gov/cef/2022",
     "presentation": [
      "http://xbrl.sec.gov/cef/role/N2"
     ],
     "xbrltype": "percentItemType"
    },
    "cef_NewCefOrBdcRegistrantFlag": {
     "auth_ref": [
      "r5"
     ],
     "lang": {
      "en-us": {
       "role": {
        "label": "New CEF or BDC Registrant [Flag]"
       }
      }
     },
     "localname": "NewCefOrBdcRegistrantFlag",
     "nsuri": "http://xbrl.sec.gov/cef/2022",
     "presentation": [
      "http://xbrl.sec.gov/cef/role/N2"
     ],
     "xbrltype": "booleanItemType"
    },
    "cef_NoPublicTradingTextBlock": {
     "auth_ref": [
      "r67"
     ],
     "lang": {
      "en-us": {
       "role": {
        "label": "No Public Trading [Text Block]"
       }
      }
     },
     "localname": "NoPublicTradingTextBlock",
     "nsuri": "http://xbrl.sec.gov/cef/2022",
     "presentation": [
      "http://xbrl.sec.gov/cef/role/N2"
     ],
     "xbrltype": "textBlockItemType"
    },
    "cef_NoTradingHistoryTextBlock": {
     "auth_ref": [
      "r71"
     ],
     "lang": {
      "en-us": {
       "role": {
        "label": "No Trading History [Text Block]"
       }
      }
     },
     "localname": "NoTradingHistoryTextBlock",
     "nsuri": "http://xbrl.sec.gov/cef/2022",
     "presentation": [
      "http://xbrl.sec.gov/cef/role/N2"
     ],
     "xbrltype": "textBlockItemType"
    },
    "cef_OtherAnnualExpense1Percent": {
     "auth_ref": [
      "r44"
     ],
     "calculation": {
      "http://xbrl.sec.gov/cef/role/Item3Ae": {
       "order": 1.0,
       "parentTag": "cef_OtherAnnualExpensesPercent",
       "weight": 1.0
      }
     },
     "lang": {
      "en-us": {
       "role": {
        "label": "Other Annual Expense 1 [Percent]"
       }
      }
     },
     "localname": "OtherAnnualExpense1Percent",
     "nsuri": "http://xbrl.sec.gov/cef/2022",
     "presentation": [
      "http://xbrl.sec.gov/cef/role/N2"
     ],
     "xbrltype": "percentItemType"
    },
    "cef_OtherAnnualExpense2Percent": {
     "auth_ref": [
      "r44"
     ],
     "calculation": {
      "http://xbrl.sec.gov/cef/role/Item3Ae": {
       "order": 2.0,
       "parentTag": "cef_OtherAnnualExpensesPercent",
       "weight": 1.0
      }
     },
     "lang": {
      "en-us": {
       "role": {
        "label": "Other Annual Expense 2 [Percent]"
       }
      }
     },
     "localname": "OtherAnnualExpense2Percent",
     "nsuri": "http://xbrl.sec.gov/cef/2022",
     "presentation": [
      "http://xbrl.sec.gov/cef/role/N2"
     ],
     "xbrltype": "percentItemType"
    },
    "cef_OtherAnnualExpense3Percent": {
     "auth_ref": [
      "r44"
     ],
     "calculation": {
      "http://xbrl.sec.gov/cef/role/Item3Ae": {
       "order": 3.0,
       "parentTag": "cef_OtherAnnualExpensesPercent",
       "weight": 1.0
      }
     },
     "lang": {
      "en-us": {
       "role": {
        "label": "Other Annual Expense 3 [Percent]"
       }
      }
     },
     "localname": "OtherAnnualExpense3Percent",
     "nsuri": "http://xbrl.sec.gov/cef/2022",
     "presentation": [
      "http://xbrl.sec.gov/cef/role/N2"
     ],
     "xbrltype": "percentItemType"
    },
    "cef_OtherAnnualExpensesAbstract": {
     "auth_ref": [
      "r44"
     ],
     "lang": {
      "en-us": {
       "role": {
        "label": "Other Annual Expenses [Abstract]"
       }
      }
     },
     "localname": "OtherAnnualExpensesAbstract",
     "nsuri": "http://xbrl.sec.gov/cef/2022",
     "presentation": [
      "http://xbrl.sec.gov/cef/role/N2"
     ],
     "xbrltype": "stringItemType"
    },
    "cef_OtherAnnualExpensesPercent": {
     "auth_ref": [
      "r44"
     ],
     "calculation": {
      "http://xbrl.sec.gov/cef/role/Item3Ae": {
       "order": null,
       "parentTag": null,
       "root": true,
       "weight": null
      }
     },
     "lang": {
      "en-us": {
       "role": {
        "label": "Other Annual Expenses [Percent]"
       }
      }
     },
     "localname": "OtherAnnualExpensesPercent",
     "nsuri": "http://xbrl.sec.gov/cef/2022",
     "presentation": [
      "http://xbrl.sec.gov/cef/role/N2"
     ],
     "xbrltype": "percentItemType"
    },
    "cef_OtherExpensesNoteTextBlock": {
     "auth_ref": [
      "r40"
     ],
     "lang": {
      "en-us": {
       "role": {
        "label": "Other Expenses, Note [Text Block]"
       }
      }
     },
     "localname": "OtherExpensesNoteTextBlock",
     "nsuri": "http://xbrl.sec.gov/cef/2022",
     "presentation": [
      "http://xbrl.sec.gov/cef/role/N2"
     ],
     "xbrltype": "textBlockItemType"
    },
    "cef_OtherFeederFundExpensesPercent": {
     "auth_ref": [
      "r44"
     ],
     "lang": {
      "en-us": {
       "role": {
        "label": "Other Feeder Fund Expenses [Percent]"
       }
      }
     },
     "localname": "OtherFeederFundExpensesPercent",
     "nsuri": "http://xbrl.sec.gov/cef/2022",
     "presentation": [
      "http://xbrl.sec.gov/cef/role/N2"
     ],
     "xbrltype": "percentItemType"
    },
    "cef_OtherMasterFundExpensesPercent": {
     "auth_ref": [
      "r44"
     ],
     "lang": {
      "en-us": {
       "role": {
        "label": "Other Master Fund Expenses [Percent]"
       }
      }
     },
     "localname": "OtherMasterFundExpensesPercent",
     "nsuri": "http://xbrl.sec.gov/cef/2022",
     "presentation": [
      "http://xbrl.sec.gov/cef/role/N2"
     ],
     "xbrltype": "percentItemType"
    },
    "cef_OtherSecuritiesTableTextBlock": {
     "auth_ref": [
      "r24"
     ],
     "lang": {
      "en-us": {
       "role": {
        "label": "Other Securities [Table Text Block]"
       }
      }
     },
     "localname": "OtherSecuritiesTableTextBlock",
     "nsuri": "http://xbrl.sec.gov/cef/2022",
     "presentation": [
      "http://xbrl.sec.gov/cef/role/N2"
     ],
     "xbrltype": "textBlockItemType"
    },
    "cef_OtherSecurityDescriptionTextBlock": {
     "auth_ref": [
      "r24"
     ],
     "lang": {
      "en-us": {
       "role": {
        "label": "Other Security, Description [Text Block]"
       }
      }
     },
     "localname": "OtherSecurityDescriptionTextBlock",
     "nsuri": "http://xbrl.sec.gov/cef/2022",
     "presentation": [
      "http://xbrl.sec.gov/cef/role/N2"
     ],
     "xbrltype": "textBlockItemType"
    },
    "cef_OtherSecurityTitleTextBlock": {
     "auth_ref": [
      "r24"
     ],
     "lang": {
      "en-us": {
       "role": {
        "label": "Other Security, Title [Text Block]"
       }
      }
     },
     "localname": "OtherSecurityTitleTextBlock",
     "nsuri": "http://xbrl.sec.gov/cef/2022",
     "presentation": [
      "http://xbrl.sec.gov/cef/role/N2"
     ],
     "xbrltype": "textBlockItemType"
    },
    "cef_OtherTransactionExpense1Percent": {
     "auth_ref": [
      "r39"
     ],
     "calculation": {
      "http://xbrl.sec.gov/cef/role/Item3Te": {
       "order": 1.0,
       "parentTag": "cef_OtherTransactionExpensesPercent",
       "weight": 1.0
      }
     },
     "lang": {
      "en-us": {
       "role": {
        "label": "Other Transaction Expense 1 [Percent]"
       }
      }
     },
     "localname": "OtherTransactionExpense1Percent",
     "nsuri": "http://xbrl.sec.gov/cef/2022",
     "presentation": [
      "http://xbrl.sec.gov/cef/role/N2"
     ],
     "xbrltype": "percentItemType"
    },
    "cef_OtherTransactionExpense2Percent": {
     "auth_ref": [
      "r39"
     ],
     "calculation": {
      "http://xbrl.sec.gov/cef/role/Item3Te": {
       "order": 2.0,
       "parentTag": "cef_OtherTransactionExpensesPercent",
       "weight": 1.0
      }
     },
     "lang": {
      "en-us": {
       "role": {
        "label": "Other Transaction Expense 2 [Percent]"
       }
      }
     },
     "localname": "OtherTransactionExpense2Percent",
     "nsuri": "http://xbrl.sec.gov/cef/2022",
     "presentation": [
      "http://xbrl.sec.gov/cef/role/N2"
     ],
     "xbrltype": "percentItemType"
    },
    "cef_OtherTransactionExpense3Percent": {
     "auth_ref": [
      "r39"
     ],
     "calculation": {
      "http://xbrl.sec.gov/cef/role/Item3Te": {
       "order": 3.0,
       "parentTag": "cef_OtherTransactionExpensesPercent",
       "weight": 1.0
      }
     },
     "lang": {
      "en-us": {
       "role": {
        "label": "Other Transaction Expense 3 [Percent]"
       }
      }
     },
     "localname": "OtherTransactionExpense3Percent",
     "nsuri": "http://xbrl.sec.gov/cef/2022",
     "presentation": [
      "http://xbrl.sec.gov/cef/role/N2"
     ],
     "xbrltype": "percentItemType"
    },
    "cef_OtherTransactionExpensesAbstract": {
     "auth_ref": [
      "r39"
     ],
     "lang": {
      "en-us": {
       "role": {
        "label": "Other Transaction Expenses [Abstract]"
       }
      }
     },
     "localname": "OtherTransactionExpensesAbstract",
     "nsuri": "http://xbrl.sec.gov/cef/2022",
     "presentation": [
      "http://xbrl.sec.gov/cef/role/N2"
     ],
     "xbrltype": "stringItemType"
    },
    "cef_OtherTransactionExpensesPercent": {
     "auth_ref": [
      "r39"
     ],
     "calculation": {
      "http://xbrl.sec.gov/cef/role/Item3Te": {
       "order": null,
       "parentTag": null,
       "root": true,
       "weight": null
      }
     },
     "lang": {
      "en-us": {
       "role": {
        "label": "Other Transaction Expenses [Percent]"
       }
      }
     },
     "localname": "OtherTransactionExpensesPercent",
     "nsuri": "http://xbrl.sec.gov/cef/2022",
     "presentation": [
      "http://xbrl.sec.gov/cef/role/N2"
     ],
     "xbrltype": "percentItemType"
    },
    "cef_OtherTransactionFeesBasisMaximum": {
     "auth_ref": [
      "r39"
     ],
     "lang": {
      "en-us": {
       "role": {
        "label": "Other Transaction Fees Basis, Maximum"
       }
      }
     },
     "localname": "OtherTransactionFeesBasisMaximum",
     "nsuri": "http://xbrl.sec.gov/cef/2022",
     "presentation": [
      "http://xbrl.sec.gov/cef/role/N2"
     ],
     "xbrltype": "monetaryItemType"
    },
    "cef_OtherTransactionFeesBasisMaximumPercent": {
     "auth_ref": [
      "r39"
     ],
     "lang": {
      "en-us": {
       "role": {
        "label": "Other Transaction Fees Basis, Maximum [Percent]"
       }
      }
     },
     "localname": "OtherTransactionFeesBasisMaximumPercent",
     "nsuri": "http://xbrl.sec.gov/cef/2022",
     "presentation": [
      "http://xbrl.sec.gov/cef/role/N2"
     ],
     "xbrltype": "percentItemType"
    },
    "cef_OtherTransactionFeesBasisNoteTextBlock": {
     "auth_ref": [
      "r39"
     ],
     "lang": {
      "en-us": {
       "role": {
        "label": "Other Transaction Fees Basis, Note [Text Block]"
       }
      }
     },
     "localname": "OtherTransactionFeesBasisNoteTextBlock",
     "nsuri": "http://xbrl.sec.gov/cef/2022",
     "presentation": [
      "http://xbrl.sec.gov/cef/role/N2"
     ],
     "xbrltype": "textBlockItemType"
    },
    "cef_OtherTransactionFeesNoteTextBlock": {
     "auth_ref": [
      "r39"
     ],
     "lang": {
      "en-us": {
       "role": {
        "label": "Other Transaction Fees, Note [Text Block]"
       }
      }
     },
     "localname": "OtherTransactionFeesNoteTextBlock",
     "nsuri": "http://xbrl.sec.gov/cef/2022",
     "presentation": [
      "http://xbrl.sec.gov/cef/role/N2"
     ],
     "xbrltype": "textBlockItemType"
    },
    "cef_OutstandingSecuritiesTableTextBlock": {
     "auth_ref": [
      "r25"
     ],
     "lang": {
      "en-us": {
       "role": {
        "label": "Outstanding Securities [Table Text Block]"
       }
      }
     },
     "localname": "OutstandingSecuritiesTableTextBlock",
     "nsuri": "http://xbrl.sec.gov/cef/2022",
     "presentation": [
      "http://xbrl.sec.gov/cef/role/N2"
     ],
     "xbrltype": "textBlockItemType"
    },
    "cef_OutstandingSecurityAuthorizedShares": {
     "auth_ref": [
      "r27"
     ],
     "lang": {
      "en-us": {
       "role": {
        "label": "Outstanding Security, Authorized [Shares]"
       }
      }
     },
     "localname": "OutstandingSecurityAuthorizedShares",
     "nsuri": "http://xbrl.sec.gov/cef/2022",
     "presentation": [
      "http://xbrl.sec.gov/cef/role/N2"
     ],
     "xbrltype": "sharesItemType"
    },
    "cef_OutstandingSecurityHeldShares": {
     "auth_ref": [
      "r28"
     ],
     "lang": {
      "en-us": {
       "role": {
        "label": "Outstanding Security, Held [Shares]"
       }
      }
     },
     "localname": "OutstandingSecurityHeldShares",
     "nsuri": "http://xbrl.sec.gov/cef/2022",
     "presentation": [
      "http://xbrl.sec.gov/cef/role/N2"
     ],
     "xbrltype": "sharesItemType"
    },
    "cef_OutstandingSecurityNotHeldShares": {
     "auth_ref": [
      "r29"
     ],
     "lang": {
      "en-us": {
       "role": {
        "label": "Outstanding Security, Not Held [Shares]"
       }
      }
     },
     "localname": "OutstandingSecurityNotHeldShares",
     "nsuri": "http://xbrl.sec.gov/cef/2022",
     "presentation": [
      "http://xbrl.sec.gov/cef/role/N2"
     ],
     "xbrltype": "sharesItemType"
    },
    "cef_OutstandingSecurityTitleTextBlock": {
     "auth_ref": [
      "r26"
     ],
     "lang": {
      "en-us": {
       "role": {
        "label": "Outstanding Security, Title [Text Block]"
       }
      }
     },
     "localname": "OutstandingSecurityTitleTextBlock",
     "nsuri": "http://xbrl.sec.gov/cef/2022",
     "presentation": [
      "http://xbrl.sec.gov/cef/role/N2"
     ],
     "xbrltype": "textBlockItemType"
    },
    "cef_PreferredStockRestrictionsArrearageTextBlock": {
     "auth_ref": [
      "r15"
     ],
     "lang": {
      "en-us": {
       "role": {
        "label": "Preferred Stock Restrictions, Arrearage [Text Block]"
       }
      }
     },
     "localname": "PreferredStockRestrictionsArrearageTextBlock",
     "nsuri": "http://xbrl.sec.gov/cef/2022",
     "presentation": [
      "http://xbrl.sec.gov/cef/role/N2"
     ],
     "xbrltype": "textBlockItemType"
    },
    "cef_PreferredStockRestrictionsOtherTextBlock": {
     "auth_ref": [
      "r16"
     ],
     "lang": {
      "en-us": {
       "role": {
        "label": "Preferred Stock Restrictions, Other [Text Block]"
       }
      }
     },
     "localname": "PreferredStockRestrictionsOtherTextBlock",
     "nsuri": "http://xbrl.sec.gov/cef/2022",
     "presentation": [
      "http://xbrl.sec.gov/cef/role/N2"
     ],
     "xbrltype": "textBlockItemType"
    },
    "cef_PrimaryShelfFlag": {
     "auth_ref": [
      "r5"
     ],
     "lang": {
      "en-us": {
       "role": {
        "label": "Primary Shelf [Flag]"
       }
      }
     },
     "localname": "PrimaryShelfFlag",
     "nsuri": "http://xbrl.sec.gov/cef/2022",
     "presentation": [
      "http://xbrl.sec.gov/cef/role/N2"
     ],
     "xbrltype": "booleanItemType"
    },
    "cef_PrimaryShelfQualifiedFlag": {
     "auth_ref": [
      "r5"
     ],
     "lang": {
      "en-us": {
       "role": {
        "label": "Primary Shelf Qualified [Flag]"
       }
      }
     },
     "localname": "PrimaryShelfQualifiedFlag",
     "nsuri": "http://xbrl.sec.gov/cef/2022",
     "presentation": [
      "http://xbrl.sec.gov/cef/role/N2"
     ],
     "xbrltype": "booleanItemType"
    },
    "cef_ProspectusLineItems": {
     "auth_ref": [
      "r5"
     ],
     "lang": {
      "en-us": {
       "role": {
        "label": "Prospectus [Line Items]"
       }
      }
     },
     "localname": "ProspectusLineItems",
     "nsuri": "http://xbrl.sec.gov/cef/2022",
     "xbrltype": "stringItemType"
    },
    "cef_ProspectusTable": {
     "auth_ref": [
      "r5"
     ],
     "lang": {
      "en-us": {
       "role": {
        "label": "Prospectus:"
       }
      }
     },
     "localname": "ProspectusTable",
     "nsuri": "http://xbrl.sec.gov/cef/2022",
     "presentation": [
      "http://xbrl.sec.gov/cef/role/N2"
     ],
     "xbrltype": "stringItemType"
    },
    "cef_PurposeOfFeeTableNoteTextBlock": {
     "auth_ref": [
      "r31"
     ],
     "lang": {
      "en-us": {
       "role": {
        "label": "Purpose of Fee Table , Note [Text Block]"
       }
      }
     },
     "localname": "PurposeOfFeeTableNoteTextBlock",
     "nsuri": "http://xbrl.sec.gov/cef/2022",
     "presentation": [
      "http://xbrl.sec.gov/cef/role/N2"
     ],
     "xbrltype": "textBlockItemType"
    },
    "cef_RegisteredClosedEndFundFlag": {
     "auth_ref": [
      "r5"
     ],
     "lang": {
      "en-us": {
       "role": {
        "label": "Registered Closed-End Fund [Flag]"
       }
      }
     },
     "localname": "RegisteredClosedEndFundFlag",
     "nsuri": "http://xbrl.sec.gov/cef/2022",
     "presentation": [
      "http://xbrl.sec.gov/cef/role/N2"
     ],
     "xbrltype": "booleanItemType"
    },
    "cef_ReturnAtMinusFivePercent": {
     "auth_ref": [
      "r63"
     ],
     "lang": {
      "en-us": {
       "role": {
        "label": "Return at Minus Five [Percent]"
       }
      }
     },
     "localname": "ReturnAtMinusFivePercent",
     "nsuri": "http://xbrl.sec.gov/cef/2022",
     "presentation": [
      "http://xbrl.sec.gov/cef/role/N2"
     ],
     "xbrltype": "percentItemType"
    },
    "cef_ReturnAtMinusTenPercent": {
     "auth_ref": [
      "r63"
     ],
     "lang": {
      "en-us": {
       "role": {
        "label": "Return at Minus Ten [Percent]"
       }
      }
     },
     "localname": "ReturnAtMinusTenPercent",
     "nsuri": "http://xbrl.sec.gov/cef/2022",
     "presentation": [
      "http://xbrl.sec.gov/cef/role/N2"
     ],
     "xbrltype": "percentItemType"
    },
    "cef_ReturnAtPlusFivePercent": {
     "auth_ref": [
      "r63"
     ],
     "lang": {
      "en-us": {
       "role": {
        "label": "Return at Plus Five [Percent]"
       }
      }
     },
     "localname": "ReturnAtPlusFivePercent",
     "nsuri": "http://xbrl.sec.gov/cef/2022",
     "presentation": [
      "http://xbrl.sec.gov/cef/role/N2"
     ],
     "xbrltype": "percentItemType"
    },
    "cef_ReturnAtPlusTenPercent": {
     "auth_ref": [
      "r63"
     ],
     "lang": {
      "en-us": {
       "role": {
        "label": "Return at Plus Ten [Percent]"
       }
      }
     },
     "localname": "ReturnAtPlusTenPercent",
     "nsuri": "http://xbrl.sec.gov/cef/2022",
     "presentation": [
      "http://xbrl.sec.gov/cef/role/N2"
     ],
     "xbrltype": "percentItemType"
    },
    "cef_ReturnAtZeroPercent": {
     "auth_ref": [
      "r63"
     ],
     "lang": {
      "en-us": {
       "role": {
        "label": "Return at Zero [Percent]"
       }
      }
     },
     "localname": "ReturnAtZeroPercent",
     "nsuri": "http://xbrl.sec.gov/cef/2022",
     "presentation": [
      "http://xbrl.sec.gov/cef/role/N2"
     ],
     "xbrltype": "percentItemType"
    },
    "cef_RightsLimitedByOtherSecuritiesTextBlock": {
     "auth_ref": [
      "r18"
     ],
     "lang": {
      "en-us": {
       "role": {
        "label": "Rights Limited by Other Securities [Text Block]"
       }
      }
     },
     "localname": "RightsLimitedByOtherSecuritiesTextBlock",
     "nsuri": "http://xbrl.sec.gov/cef/2022",
     "presentation": [
      "http://xbrl.sec.gov/cef/role/N2"
     ],
     "xbrltype": "textBlockItemType"
    },
    "cef_RightsSubjectToOtherThanMajorityVoteTextBlock": {
     "auth_ref": [
      "r17"
     ],
     "lang": {
      "en-us": {
       "role": {
        "label": "Rights Subject to Other than Majority Vote [Text Block]"
       }
      }
     },
     "localname": "RightsSubjectToOtherThanMajorityVoteTextBlock",
     "nsuri": "http://xbrl.sec.gov/cef/2022",
     "presentation": [
      "http://xbrl.sec.gov/cef/role/N2"
     ],
     "xbrltype": "textBlockItemType"
    },
    "cef_RiskAxis": {
     "auth_ref": [],
     "lang": {
      "en-us": {
       "role": {
        "label": "Risk [Axis]"
       }
      }
     },
     "localname": "RiskAxis",
     "nsuri": "http://xbrl.sec.gov/cef/2022",
     "presentation": [
      "http://xbrl.sec.gov/cef/role/N2"
     ],
     "xbrltype": "stringItemType"
    },
    "cef_RiskFactorsTableTextBlock": {
     "auth_ref": [
      "r59"
     ],
     "lang": {
      "en-us": {
       "role": {
        "label": "Risk Factors [Table Text Block]"
       }
      }
     },
     "localname": "RiskFactorsTableTextBlock",
     "nsuri": "http://xbrl.sec.gov/cef/2022",
     "presentation": [
      "http://xbrl.sec.gov/cef/role/N2"
     ],
     "xbrltype": "textBlockItemType"
    },
    "cef_RiskTextBlock": {
     "auth_ref": [],
     "lang": {
      "en-us": {
       "role": {
        "label": "Risk [Text Block]"
       }
      }
     },
     "localname": "RiskTextBlock",
     "nsuri": "http://xbrl.sec.gov/cef/2022",
     "presentation": [
      "http://xbrl.sec.gov/cef/role/N2"
     ],
     "xbrltype": "textBlockItemType"
    },
    "cef_SalesLoadPercent": {
     "auth_ref": [
      "r30"
     ],
     "lang": {
      "en-us": {
       "role": {
        "label": "Sales Load [Percent]"
       }
      }
     },
     "localname": "SalesLoadPercent",
     "nsuri": "http://xbrl.sec.gov/cef/2022",
     "presentation": [
      "http://xbrl.sec.gov/cef/role/N2"
     ],
     "xbrltype": "percentItemType"
    },
    "cef_SecurityAxis": {
     "auth_ref": [
      "r5"
     ],
     "lang": {
      "en-us": {
       "role": {
        "label": "Security [Axis]"
       }
      }
     },
     "localname": "SecurityAxis",
     "nsuri": "http://xbrl.sec.gov/cef/2022",
     "presentation": [
      "http://xbrl.sec.gov/cef/role/N2"
     ],
     "xbrltype": "stringItemType"
    },
    "cef_SecurityDividendsTextBlock": {
     "auth_ref": [
      "r8"
     ],
     "lang": {
      "en-us": {
       "role": {
        "label": "Security Dividends [Text Block]"
       }
      }
     },
     "localname": "SecurityDividendsTextBlock",
     "nsuri": "http://xbrl.sec.gov/cef/2022",
     "presentation": [
      "http://xbrl.sec.gov/cef/role/N2"
     ],
     "xbrltype": "textBlockItemType"
    },
    "cef_SecurityLiabilitiesTextBlock": {
     "auth_ref": [
      "r11"
     ],
     "lang": {
      "en-us": {
       "role": {
        "label": "Security Liabilities [Text Block]"
       }
      }
     },
     "localname": "SecurityLiabilitiesTextBlock",
     "nsuri": "http://xbrl.sec.gov/cef/2022",
     "presentation": [
      "http://xbrl.sec.gov/cef/role/N2"
     ],
     "xbrltype": "textBlockItemType"
    },
    "cef_SecurityLiquidationRightsTextBlock": {
     "auth_ref": [
      "r10"
     ],
     "lang": {
      "en-us": {
       "role": {
        "label": "Security Liquidation Rights [Text Block]"
       }
      }
     },
     "localname": "SecurityLiquidationRightsTextBlock",
     "nsuri": "http://xbrl.sec.gov/cef/2022",
     "presentation": [
      "http://xbrl.sec.gov/cef/role/N2"
     ],
     "xbrltype": "textBlockItemType"
    },
    "cef_SecurityObligationsOfOwnershipTextBlock": {
     "auth_ref": [
      "r13"
     ],
     "lang": {
      "en-us": {
       "role": {
        "label": "Security Obligations of Ownership [Text Block]"
       }
      }
     },
     "localname": "SecurityObligationsOfOwnershipTextBlock",
     "nsuri": "http://xbrl.sec.gov/cef/2022",
     "presentation": [
      "http://xbrl.sec.gov/cef/role/N2"
     ],
     "xbrltype": "textBlockItemType"
    },
    "cef_SecurityPreemptiveAndOtherRightsTextBlock": {
     "auth_ref": [
      "r12"
     ],
     "lang": {
      "en-us": {
       "role": {
        "label": "Security Preemptive and Other Rights [Text Block]"
       }
      }
     },
     "localname": "SecurityPreemptiveAndOtherRightsTextBlock",
     "nsuri": "http://xbrl.sec.gov/cef/2022",
     "presentation": [
      "http://xbrl.sec.gov/cef/role/N2"
     ],
     "xbrltype": "textBlockItemType"
    },
    "cef_SecurityTitleTextBlock": {
     "auth_ref": [
      "r7"
     ],
     "lang": {
      "en-us": {
       "role": {
        "label": "Security Title [Text Block]"
       }
      }
     },
     "localname": "SecurityTitleTextBlock",
     "nsuri": "http://xbrl.sec.gov/cef/2022",
     "presentation": [
      "http://xbrl.sec.gov/cef/role/N2"
     ],
     "xbrltype": "textBlockItemType"
    },
    "cef_SecurityVotingRightsTextBlock": {
     "auth_ref": [
      "r9"
     ],
     "lang": {
      "en-us": {
       "role": {
        "label": "Security Voting Rights [Text Block]"
       }
      }
     },
     "localname": "SecurityVotingRightsTextBlock",
     "nsuri": "http://xbrl.sec.gov/cef/2022",
     "presentation": [
      "http://xbrl.sec.gov/cef/role/N2"
     ],
     "xbrltype": "textBlockItemType"
    },
    "cef_SeniorSecuritiesAmount": {
     "auth_ref": [
      "r50"
     ],
     "lang": {
      "en-us": {
       "role": {
        "label": "Senior Securities Amount"
       }
      }
     },
     "localname": "SeniorSecuritiesAmount",
     "nsuri": "http://xbrl.sec.gov/cef/2022",
     "presentation": [
      "http://xbrl.sec.gov/cef/role/N2"
     ],
     "xbrltype": "monetaryItemType"
    },
    "cef_SeniorSecuritiesAverageMarketValuePerUnit": {
     "auth_ref": [
      "r53"
     ],
     "lang": {
      "en-us": {
       "role": {
        "label": "Senior Securities Average Market Value per Unit"
       }
      }
     },
     "localname": "SeniorSecuritiesAverageMarketValuePerUnit",
     "nsuri": "http://xbrl.sec.gov/cef/2022",
     "presentation": [
      "http://xbrl.sec.gov/cef/role/N2"
     ],
     "xbrltype": "perShareItemType"
    },
    "cef_SeniorSecuritiesAveragingMethodNoteTextBlock": {
     "auth_ref": [
      "r55"
     ],
     "lang": {
      "en-us": {
       "role": {
        "label": "Senior Securities Averaging Method, Note [Text Block]"
       }
      }
     },
     "localname": "SeniorSecuritiesAveragingMethodNoteTextBlock",
     "nsuri": "http://xbrl.sec.gov/cef/2022",
     "presentation": [
      "http://xbrl.sec.gov/cef/role/N2"
     ],
     "xbrltype": "textBlockItemType"
    },
    "cef_SeniorSecuritiesCoveragePerUnit": {
     "auth_ref": [
      "r51"
     ],
     "lang": {
      "en-us": {
       "role": {
        "label": "Senior Securities Coverage per Unit"
       }
      }
     },
     "localname": "SeniorSecuritiesCoveragePerUnit",
     "nsuri": "http://xbrl.sec.gov/cef/2022",
     "presentation": [
      "http://xbrl.sec.gov/cef/role/N2"
     ],
     "xbrltype": "perShareItemType"
    },
    "cef_SeniorSecuritiesHeadingsNoteTextBlock": {
     "auth_ref": [
      "r56"
     ],
     "lang": {
      "en-us": {
       "role": {
        "label": "Senior Securities Headings, Note [Text Block]"
       }
      }
     },
     "localname": "SeniorSecuritiesHeadingsNoteTextBlock",
     "nsuri": "http://xbrl.sec.gov/cef/2022",
     "presentation": [
      "http://xbrl.sec.gov/cef/role/N2"
     ],
     "xbrltype": "textBlockItemType"
    },
    "cef_SeniorSecuritiesHighlightsAnnualizedNoteTextBlock": {
     "auth_ref": [
      "r47",
      "r54"
     ],
     "lang": {
      "en-us": {
       "role": {
        "label": "Senior Securities Highlights Annualized, Note [Text Block]"
       }
      }
     },
     "localname": "SeniorSecuritiesHighlightsAnnualizedNoteTextBlock",
     "nsuri": "http://xbrl.sec.gov/cef/2022",
     "presentation": [
      "http://xbrl.sec.gov/cef/role/N2"
     ],
     "xbrltype": "textBlockItemType"
    },
    "cef_SeniorSecuritiesHighlightsAuditedNoteTextBlock": {
     "auth_ref": [
      "r48",
      "r54"
     ],
     "lang": {
      "en-us": {
       "role": {
        "label": "Senior Securities Highlights Audited, Note [Text Block]"
       }
      }
     },
     "localname": "SeniorSecuritiesHighlightsAuditedNoteTextBlock",
     "nsuri": "http://xbrl.sec.gov/cef/2022",
     "presentation": [
      "http://xbrl.sec.gov/cef/role/N2"
     ],
     "xbrltype": "textBlockItemType"
    },
    "cef_SeniorSecuritiesInvoluntaryLiquidatingPreferencePerUnit": {
     "auth_ref": [
      "r52"
     ],
     "lang": {
      "en-us": {
       "role": {
        "label": "Senior Securities Involuntary Liquidating Preference per Unit"
       }
      }
     },
     "localname": "SeniorSecuritiesInvoluntaryLiquidatingPreferencePerUnit",
     "nsuri": "http://xbrl.sec.gov/cef/2022",
     "presentation": [
      "http://xbrl.sec.gov/cef/role/N2"
     ],
     "xbrltype": "perShareItemType"
    },
    "cef_SeniorSecuritiesNoteTextBlock": {
     "auth_ref": [
      "r46",
      "r54"
     ],
     "lang": {
      "en-us": {
       "role": {
        "label": "Senior Securities, Note [Text Block]"
       }
      }
     },
     "localname": "SeniorSecuritiesNoteTextBlock",
     "nsuri": "http://xbrl.sec.gov/cef/2022",
     "presentation": [
      "http://xbrl.sec.gov/cef/role/N2"
     ],
     "xbrltype": "textBlockItemType"
    },
    "cef_SeniorSecuritiesTableTextBlock": {
     "auth_ref": [
      "r49"
     ],
     "lang": {
      "en-us": {
       "role": {
        "label": "Senior Securities [Table Text Block]"
       }
      }
     },
     "localname": "SeniorSecuritiesTableTextBlock",
     "nsuri": "http://xbrl.sec.gov/cef/2022",
     "presentation": [
      "http://xbrl.sec.gov/cef/role/N2"
     ],
     "xbrltype": "textBlockItemType"
    },
    "cef_SharePriceTableTextBlock": {
     "auth_ref": [
      "r65"
     ],
     "lang": {
      "en-us": {
       "role": {
        "label": "Share Price [Table Text Block]"
       }
      }
     },
     "localname": "SharePriceTableTextBlock",
     "nsuri": "http://xbrl.sec.gov/cef/2022",
     "presentation": [
      "http://xbrl.sec.gov/cef/role/N2"
     ],
     "xbrltype": "textBlockItemType"
    },
    "cef_SharePricesNotActualTransactionsTextBlock": {
     "auth_ref": [
      "r66"
     ],
     "lang": {
      "en-us": {
       "role": {
        "label": "Share Prices Not Actual Transactions [Text Block]"
       }
      }
     },
     "localname": "SharePricesNotActualTransactionsTextBlock",
     "nsuri": "http://xbrl.sec.gov/cef/2022",
     "presentation": [
      "http://xbrl.sec.gov/cef/role/N2"
     ],
     "xbrltype": "textBlockItemType"
    },
    "cef_ShareholderTransactionExpensesTableTextBlock": {
     "auth_ref": [
      "r30"
     ],
     "lang": {
      "en-us": {
       "role": {
        "label": "Shareholder Transaction Expenses [Table Text Block]"
       }
      }
     },
     "localname": "ShareholderTransactionExpensesTableTextBlock",
     "nsuri": "http://xbrl.sec.gov/cef/2022",
     "presentation": [
      "http://xbrl.sec.gov/cef/role/N2"
     ],
     "xbrltype": "textBlockItemType"
    },
    "cef_TotalAnnualExpensesPercent": {
     "auth_ref": [
      "r43"
     ],
     "lang": {
      "en-us": {
       "role": {
        "label": "Total Annual Expenses [Percent]"
       }
      }
     },
     "localname": "TotalAnnualExpensesPercent",
     "nsuri": "http://xbrl.sec.gov/cef/2022",
     "presentation": [
      "http://xbrl.sec.gov/cef/role/N2"
     ],
     "xbrltype": "percentItemType"
    },
    "cef_UnderwritersCompensationPercent": {
     "auth_ref": [
      "r39"
     ],
     "lang": {
      "en-us": {
       "role": {
        "label": "Underwriters Compensation [Percent]"
       }
      }
     },
     "localname": "UnderwritersCompensationPercent",
     "nsuri": "http://xbrl.sec.gov/cef/2022",
     "presentation": [
      "http://xbrl.sec.gov/cef/role/N2"
     ],
     "xbrltype": "percentItemType"
    },
    "cef_WaiversAndReimbursementsOfFeesPercent": {
     "auth_ref": [
      "r44"
     ],
     "lang": {
      "en-us": {
       "role": {
        "label": "Waivers and Reimbursements of Fees [Percent]"
       }
      }
     },
     "localname": "WaiversAndReimbursementsOfFeesPercent",
     "nsuri": "http://xbrl.sec.gov/cef/2022",
     "presentation": [
      "http://xbrl.sec.gov/cef/role/N2"
     ],
     "xbrltype": "percentItemType"
    },
    "cef_WarrantsOrRightsCalledAmount": {
     "auth_ref": [
      "r24"
     ],
     "lang": {
      "en-us": {
       "role": {
        "label": "Warrants or Rights, Called Amount"
       }
      }
     },
     "localname": "WarrantsOrRightsCalledAmount",
     "nsuri": "http://xbrl.sec.gov/cef/2022",
     "presentation": [
      "http://xbrl.sec.gov/cef/role/N2"
     ],
     "xbrltype": "monetaryItemType"
    },
    "cef_WarrantsOrRightsCalledPeriodDate": {
     "auth_ref": [
      "r24"
     ],
     "lang": {
      "en-us": {
       "role": {
        "label": "Warrants or Rights, Called Period [Date]"
       }
      }
     },
     "localname": "WarrantsOrRightsCalledPeriodDate",
     "nsuri": "http://xbrl.sec.gov/cef/2022",
     "presentation": [
      "http://xbrl.sec.gov/cef/role/N2"
     ],
     "xbrltype": "dateItemType"
    },
    "cef_WarrantsOrRightsCalledTitleTextBlock": {
     "auth_ref": [
      "r24"
     ],
     "lang": {
      "en-us": {
       "role": {
        "label": "Warrants or Rights, Called Title"
       }
      }
     },
     "localname": "WarrantsOrRightsCalledTitleTextBlock",
     "nsuri": "http://xbrl.sec.gov/cef/2022",
     "presentation": [
      "http://xbrl.sec.gov/cef/role/N2"
     ],
     "xbrltype": "textBlockItemType"
    },
    "cef_WarrantsOrRightsExercisePrice": {
     "auth_ref": [
      "r24"
     ],
     "lang": {
      "en-us": {
       "role": {
        "label": "Warrants or Rights, Exercise Price"
       }
      }
     },
     "localname": "WarrantsOrRightsExercisePrice",
     "nsuri": "http://xbrl.sec.gov/cef/2022",
     "presentation": [
      "http://xbrl.sec.gov/cef/role/N2"
     ],
     "xbrltype": "perShareItemType"
    },
    "dei_AdditionalSecurities462b": {
     "auth_ref": [
      "r80"
     ],
     "lang": {
      "en-us": {
       "role": {
        "label": "Additional Securities. 462(b)"
       }
      }
     },
     "localname": "AdditionalSecurities462b",
     "nsuri": "http://xbrl.sec.gov/dei/2022",
     "presentation": [
      "http://xbrl.sec.gov/cef/role/N2"
     ],
     "xbrltype": "booleanItemType"
    },
    "dei_AdditionalSecurities462bFileNumber": {
     "auth_ref": [
      "r80"
     ],
     "lang": {
      "en-us": {
       "role": {
        "label": "Additional Securities, 462(b), File Number"
       }
      }
     },
     "localname": "AdditionalSecurities462bFileNumber",
     "nsuri": "http://xbrl.sec.gov/dei/2022",
     "presentation": [
      "http://xbrl.sec.gov/cef/role/N2"
     ],
     "xbrltype": "fileNumberItemType"
    },
    "dei_AdditionalSecuritiesEffective413b": {
     "auth_ref": [
      "r79"
     ],
     "lang": {
      "en-us": {
       "role": {
        "label": "Additional Securities Effective, 413(b)"
       }
      }
     },
     "localname": "AdditionalSecuritiesEffective413b",
     "nsuri": "http://xbrl.sec.gov/dei/2022",
     "presentation": [
      "http://xbrl.sec.gov/cef/role/N2"
     ],
     "xbrltype": "booleanItemType"
    },
    "dei_AddressTypeDomain": {
     "auth_ref": [],
     "lang": {
      "en-us": {
       "role": {
        "documentation": "An entity may have several addresses for different purposes and this domain represents all such types.",
        "label": "Address Type [Domain]"
       }
      }
     },
     "localname": "AddressTypeDomain",
     "nsuri": "http://xbrl.sec.gov/dei/2022",
     "presentation": [
      "http://xbrl.sec.gov/cef/role/N2"
     ],
     "xbrltype": "domainItemType"
    },
    "dei_AmendmentDescription": {
     "auth_ref": [],
     "lang": {
      "en-us": {
       "role": {
        "documentation": "Description of changes contained within amended document.",
        "label": "Amendment Description"
       }
      }
     },
     "localname": "AmendmentDescription",
     "nsuri": "http://xbrl.sec.gov/dei/2022",
     "presentation": [
      "http://xbrl.sec.gov/cef/role/N2"
     ],
     "xbrltype": "stringItemType"
    },
    "dei_AmendmentFlag": {
     "auth_ref": [],
     "lang": {
      "en-us": {
       "role": {
        "documentation": "Boolean flag that is true when the XBRL content amends previously-filed or accepted submission.",
        "label": "Amendment Flag"
       }
      }
     },
     "localname": "AmendmentFlag",
     "nsuri": "http://xbrl.sec.gov/dei/2022",
     "presentation": [
      "http://xbrl.sec.gov/cef/role/N2"
     ],
     "xbrltype": "booleanItemType"
    },
    "dei_ApproximateDateOfCommencementOfProposedSaleToThePublic": {
     "auth_ref": [],
     "lang": {
      "en-us": {
       "role": {
        "documentation": "The approximate date of a commencement of a proposed sale of securities to the public. This element is disclosed in S-1, S-3, S-4, S-11, F-1, F-3 and F-10 filings.",
        "label": "Approximate Date of Commencement of Proposed Sale to Public"
       }
      }
     },
     "localname": "ApproximateDateOfCommencementOfProposedSaleToThePublic",
     "nsuri": "http://xbrl.sec.gov/dei/2022",
     "presentation": [
      "http://xbrl.sec.gov/cef/role/N2"
     ],
     "xbrltype": "dateOrAsapItemType"
    },
    "dei_BusinessContactMember": {
     "auth_ref": [
      "r2",
      "r3"
     ],
     "lang": {
      "en-us": {
       "role": {
        "documentation": "Business contact for the entity",
        "label": "Business Contact [Member]"
       }
      }
     },
     "localname": "BusinessContactMember",
     "nsuri": "http://xbrl.sec.gov/dei/2022",
     "presentation": [
      "http://xbrl.sec.gov/cef/role/N2"
     ],
     "xbrltype": "domainItemType"
    },
    "dei_CityAreaCode": {
     "auth_ref": [],
     "lang": {
      "en-us": {
       "role": {
        "documentation": "Area code of city",
        "label": "City Area Code"
       }
      }
     },
     "localname": "CityAreaCode",
     "nsuri": "http://xbrl.sec.gov/dei/2022",
     "presentation": [
      "http://xbrl.sec.gov/cef/role/N2"
     ],
     "xbrltype": "normalizedStringItemType"
    },
    "dei_ContactPersonnelName": {
     "auth_ref": [],
     "lang": {
      "en-us": {
       "role": {
        "documentation": "Name of contact personnel",
        "label": "Contact Personnel Name"
       }
      }
     },
     "localname": "ContactPersonnelName",
     "nsuri": "http://xbrl.sec.gov/dei/2022",
     "presentation": [
      "http://xbrl.sec.gov/cef/role/N2"
     ],
     "xbrltype": "normalizedStringItemType"
    },
    "dei_CoverAbstract": {
     "auth_ref": [],
     "lang": {
      "en-us": {
       "role": {
        "documentation": "Cover page.",
        "label": "Cover [Abstract]"
       }
      }
     },
     "localname": "CoverAbstract",
     "nsuri": "http://xbrl.sec.gov/dei/2022",
     "presentation": [
      "http://xbrl.sec.gov/cef/role/N2"
     ],
     "xbrltype": "stringItemType"
    },
    "dei_DelayedOrContinuousOffering": {
     "auth_ref": [
      "r4",
      "r5",
      "r75"
     ],
     "lang": {
      "en-us": {
       "role": {
        "label": "Delayed or Continuous Offering"
       }
      }
     },
     "localname": "DelayedOrContinuousOffering",
     "nsuri": "http://xbrl.sec.gov/dei/2022",
     "presentation": [
      "http://xbrl.sec.gov/cef/role/N2"
     ],
     "xbrltype": "booleanItemType"
    },
    "dei_DividendOrInterestReinvestmentPlanOnly": {
     "auth_ref": [
      "r4",
      "r5",
      "r75"
     ],
     "lang": {
      "en-us": {
       "role": {
        "label": "Dividend or Interest Reinvestment Plan Only"
       }
      }
     },
     "localname": "DividendOrInterestReinvestmentPlanOnly",
     "nsuri": "http://xbrl.sec.gov/dei/2022",
     "presentation": [
      "http://xbrl.sec.gov/cef/role/N2"
     ],
     "xbrltype": "booleanItemType"
    },
    "dei_DocumentRegistrationStatement": {
     "auth_ref": [
      "r0"
     ],
     "lang": {
      "en-us": {
       "role": {
        "documentation": "Boolean flag that is true only for a form used as a registration statement.",
        "label": "Document Registration Statement"
       }
      }
     },
     "localname": "DocumentRegistrationStatement",
     "nsuri": "http://xbrl.sec.gov/dei/2022",
     "presentation": [
      "http://xbrl.sec.gov/cef/role/N2"
     ],
     "xbrltype": "booleanItemType"
    },
    "dei_DocumentType": {
     "auth_ref": [],
     "lang": {
      "en-us": {
       "role": {
        "documentation": "The type of document being provided (such as 10-K, 10-Q, 485BPOS, etc). The document type is limited to the same value as the supporting SEC submission type, or the word 'Other'.",
        "label": "Document Type"
       }
      }
     },
     "localname": "DocumentType",
     "nsuri": "http://xbrl.sec.gov/dei/2022",
     "presentation": [
      "http://xbrl.sec.gov/cef/role/N2"
     ],
     "xbrltype": "submissionTypeItemType"
    },
    "dei_EffectiveAfter60Days486a": {
     "auth_ref": [
      "r84"
     ],
     "lang": {
      "en-us": {
       "role": {
        "label": "Effective after 60 Days, 486(a)"
       }
      }
     },
     "localname": "EffectiveAfter60Days486a",
     "nsuri": "http://xbrl.sec.gov/dei/2022",
     "presentation": [
      "http://xbrl.sec.gov/cef/role/N2"
     ],
     "xbrltype": "booleanItemType"
    },
    "dei_EffectiveOnDate486a": {
     "auth_ref": [
      "r84"
     ],
     "lang": {
      "en-us": {
       "role": {
        "label": "Effective on Date, 486(a)"
       }
      }
     },
     "localname": "EffectiveOnDate486a",
     "nsuri": "http://xbrl.sec.gov/dei/2022",
     "presentation": [
      "http://xbrl.sec.gov/cef/role/N2"
     ],
     "xbrltype": "dateItemType"
    },
    "dei_EffectiveOnDate486b": {
     "auth_ref": [
      "r85"
     ],
     "lang": {
      "en-us": {
       "role": {
        "label": "Effective on Date, 486(b)"
       }
      }
     },
     "localname": "EffectiveOnDate486b",
     "nsuri": "http://xbrl.sec.gov/dei/2022",
     "presentation": [
      "http://xbrl.sec.gov/cef/role/N2"
     ],
     "xbrltype": "dateItemType"
    },
    "dei_EffectiveOnSetDate486a": {
     "auth_ref": [
      "r84"
     ],
     "lang": {
      "en-us": {
       "role": {
        "label": "Effective on Set Date, 486(a)"
       }
      }
     },
     "localname": "EffectiveOnSetDate486a",
     "nsuri": "http://xbrl.sec.gov/dei/2022",
     "presentation": [
      "http://xbrl.sec.gov/cef/role/N2"
     ],
     "xbrltype": "booleanItemType"
    },
    "dei_EffectiveOnSetDate486b": {
     "auth_ref": [
      "r85"
     ],
     "lang": {
      "en-us": {
       "role": {
        "label": "Effective on Set Date, 486(b)"
       }
      }
     },
     "localname": "EffectiveOnSetDate486b",
     "nsuri": "http://xbrl.sec.gov/dei/2022",
     "presentation": [
      "http://xbrl.sec.gov/cef/role/N2"
     ],
     "xbrltype": "booleanItemType"
    },
    "dei_EffectiveUponFiling462e": {
     "auth_ref": [
      "r83"
     ],
     "lang": {
      "en-us": {
       "role": {
        "label": "Effective Upon Filing, 462(e)"
       }
      }
     },
     "localname": "EffectiveUponFiling462e",
     "nsuri": "http://xbrl.sec.gov/dei/2022",
     "presentation": [
      "http://xbrl.sec.gov/cef/role/N2"
     ],
     "xbrltype": "booleanItemType"
    },
    "dei_EffectiveUponFiling486b": {
     "auth_ref": [
      "r85"
     ],
     "lang": {
      "en-us": {
       "role": {
        "label": "Effective upon Filing, 486(b)"
       }
      }
     },
     "localname": "EffectiveUponFiling486b",
     "nsuri": "http://xbrl.sec.gov/dei/2022",
     "presentation": [
      "http://xbrl.sec.gov/cef/role/N2"
     ],
     "xbrltype": "booleanItemType"
    },
    "dei_EffectiveWhenDeclaredSection8c": {
     "auth_ref": [
      "r87"
     ],
     "lang": {
      "en-us": {
       "role": {
        "label": "Effective when Declared, Section 8(c)"
       }
      }
     },
     "localname": "EffectiveWhenDeclaredSection8c",
     "nsuri": "http://xbrl.sec.gov/dei/2022",
     "presentation": [
      "http://xbrl.sec.gov/cef/role/N2"
     ],
     "xbrltype": "booleanItemType"
    },
    "dei_EntityAddressAddressLine1": {
     "auth_ref": [],
     "lang": {
      "en-us": {
       "role": {
        "documentation": "Address Line 1 such as Attn, Building Name, Street Name",
        "label": "Entity Address, Address Line One"
       }
      }
     },
     "localname": "EntityAddressAddressLine1",
     "nsuri": "http://xbrl.sec.gov/dei/2022",
     "presentation": [
      "http://xbrl.sec.gov/cef/role/N2"
     ],
     "xbrltype": "normalizedStringItemType"
    },
    "dei_EntityAddressAddressLine2": {
     "auth_ref": [],
     "lang": {
      "en-us": {
       "role": {
        "documentation": "Address Line 2 such as Street or Suite number",
        "label": "Entity Address, Address Line Two"
       }
      }
     },
     "localname": "EntityAddressAddressLine2",
     "nsuri": "http://xbrl.sec.gov/dei/2022",
     "presentation": [
      "http://xbrl.sec.gov/cef/role/N2"
     ],
     "xbrltype": "normalizedStringItemType"
    },
    "dei_EntityAddressAddressLine3": {
     "auth_ref": [],
     "lang": {
      "en-us": {
       "role": {
        "documentation": "Address Line 3 such as an Office Park",
        "label": "Entity Address, Address Line Three"
       }
      }
     },
     "localname": "EntityAddressAddressLine3",
     "nsuri": "http://xbrl.sec.gov/dei/2022",
     "presentation": [
      "http://xbrl.sec.gov/cef/role/N2"
     ],
     "xbrltype": "normalizedStringItemType"
    },
    "dei_EntityAddressCityOrTown": {
     "auth_ref": [],
     "lang": {
      "en-us": {
       "role": {
        "documentation": "Name of the City or Town",
        "label": "Entity Address, City or Town"
       }
      }
     },
     "localname": "EntityAddressCityOrTown",
     "nsuri": "http://xbrl.sec.gov/dei/2022",
     "presentation": [
      "http://xbrl.sec.gov/cef/role/N2"
     ],
     "xbrltype": "normalizedStringItemType"
    },
    "dei_EntityAddressPostalZipCode": {
     "auth_ref": [],
     "lang": {
      "en-us": {
       "role": {
        "documentation": "Code for the postal or zip code",
        "label": "Entity Address, Postal Zip Code"
       }
      }
     },
     "localname": "EntityAddressPostalZipCode",
     "nsuri": "http://xbrl.sec.gov/dei/2022",
     "presentation": [
      "http://xbrl.sec.gov/cef/role/N2"
     ],
     "xbrltype": "normalizedStringItemType"
    },
    "dei_EntityAddressStateOrProvince": {
     "auth_ref": [],
     "lang": {
      "en-us": {
       "role": {
        "documentation": "Name of the state or province.",
        "label": "Entity Address, State or Province"
       }
      }
     },
     "localname": "EntityAddressStateOrProvince",
     "nsuri": "http://xbrl.sec.gov/dei/2022",
     "presentation": [
      "http://xbrl.sec.gov/cef/role/N2"
     ],
     "xbrltype": "stateOrProvinceItemType"
    },
    "dei_EntityAddressesAddressTypeAxis": {
     "auth_ref": [],
     "lang": {
      "en-us": {
       "role": {
        "documentation": "The axis of a table defines the relationship between the domain members or categories in the table and the line items or concepts that complete the table.",
        "label": "Entity Addresses, Address Type [Axis]"
       }
      }
     },
     "localname": "EntityAddressesAddressTypeAxis",
     "nsuri": "http://xbrl.sec.gov/dei/2022",
     "presentation": [
      "http://xbrl.sec.gov/cef/role/N2"
     ],
     "xbrltype": "stringItemType"
    },
    "dei_EntityCentralIndexKey": {
     "auth_ref": [
      "r1"
     ],
     "lang": {
      "en-us": {
       "role": {
        "documentation": "A unique 10-digit SEC-issued value to identify entities that have filed disclosures with the SEC. It is commonly abbreviated as CIK.",
        "label": "Entity Central Index Key"
       }
      }
     },
     "localname": "EntityCentralIndexKey",
     "nsuri": "http://xbrl.sec.gov/dei/2022",
     "presentation": [
      "http://xbrl.sec.gov/cef/role/N2"
     ],
     "xbrltype": "centralIndexKeyItemType"
    },
    "dei_EntityEmergingGrowthCompany": {
     "auth_ref": [
      "r1"
     ],
     "lang": {
      "en-us": {
       "role": {
        "documentation": "Indicate if registrant meets the emerging growth company criteria.",
        "label": "Entity Emerging Growth Company"
       }
      }
     },
     "localname": "EntityEmergingGrowthCompany",
     "nsuri": "http://xbrl.sec.gov/dei/2022",
     "presentation": [
      "http://xbrl.sec.gov/cef/role/N2"
     ],
     "xbrltype": "booleanItemType"
    },
    "dei_EntityExTransitionPeriod": {
     "auth_ref": [
      "r86"
     ],
     "lang": {
      "en-us": {
       "role": {
        "documentation": "Indicate if an emerging growth company has elected not to use the extended transition period for complying with any new or revised financial accounting standards.",
        "label": "Entity Ex Transition Period"
       }
      }
     },
     "localname": "EntityExTransitionPeriod",
     "nsuri": "http://xbrl.sec.gov/dei/2022",
     "presentation": [
      "http://xbrl.sec.gov/cef/role/N2"
     ],
     "xbrltype": "booleanItemType"
    },
    "dei_EntityFileNumber": {
     "auth_ref": [],
     "lang": {
      "en-us": {
       "role": {
        "documentation": "Commission file number. The field allows up to 17 characters. The prefix may contain 1-3 digits, the sequence number may contain 1-8 digits, the optional suffix may contain 1-4 characters, and the fields are separated with a hyphen.",
        "label": "Securities Act File Number"
       }
      }
     },
     "localname": "EntityFileNumber",
     "nsuri": "http://xbrl.sec.gov/dei/2022",
     "presentation": [
      "http://xbrl.sec.gov/cef/role/N2"
     ],
     "xbrltype": "fileNumberItemType"
    },
    "dei_EntityInvCompanyType": {
     "auth_ref": [
      "r77"
     ],
     "lang": {
      "en-us": {
       "role": {
        "documentation": "One of: N-1A (Mutual Fund), N-1 (Open-End Separate Account with No Variable Annuities), N-2 (Closed-End Investment Company), N-3 (Separate Account Registered as Open-End Management Investment Company), N-4 (Variable Annuity UIT Separate Account), N-5 (Small Business Investment Company), N-6 (Variable Life UIT Separate Account), S-1 or S-3 (Face Amount Certificate Company), S-6 (UIT, Non-Insurance Product).",
        "label": "Entity Inv Company Type"
       }
      }
     },
     "localname": "EntityInvCompanyType",
     "nsuri": "http://xbrl.sec.gov/dei/2022",
     "presentation": [
      "http://xbrl.sec.gov/cef/role/N2"
     ],
     "xbrltype": "invCompanyType"
    },
    "dei_EntityRegistrantName": {
     "auth_ref": [
      "r1"
     ],
     "lang": {
      "en-us": {
       "role": {
        "documentation": "The exact name of the entity filing the report as specified in its charter, which is required by forms filed with the SEC.",
        "label": "Entity Registrant Name"
       }
      }
     },
     "localname": "EntityRegistrantName",
     "nsuri": "http://xbrl.sec.gov/dei/2022",
     "presentation": [
      "http://xbrl.sec.gov/cef/role/N2"
     ],
     "xbrltype": "normalizedStringItemType"
    },
    "dei_EntityWellKnownSeasonedIssuer": {
     "auth_ref": [
      "r78"
     ],
     "lang": {
      "en-us": {
       "role": {
        "documentation": "Indicate 'Yes' or 'No' if the registrant is a well-known seasoned issuer, as defined in Rule 405 of the Securities Act. Is used on Form Type: 10-K, 10-Q, 8-K, 20-F, 6-K, 10-K/A, 10-Q/A, 20-F/A, 6-K/A, N-CSR, N-Q, N-1A.",
        "label": "Entity Well-known Seasoned Issuer"
       }
      }
     },
     "localname": "EntityWellKnownSeasonedIssuer",
     "nsuri": "http://xbrl.sec.gov/dei/2022",
     "presentation": [
      "http://xbrl.sec.gov/cef/role/N2"
     ],
     "xbrltype": "yesNoItemType"
    },
    "dei_ExhibitsOnly462d": {
     "auth_ref": [
      "r82"
     ],
     "lang": {
      "en-us": {
       "role": {
        "label": "Exhibits Only, 462(d)"
       }
      }
     },
     "localname": "ExhibitsOnly462d",
     "nsuri": "http://xbrl.sec.gov/dei/2022",
     "presentation": [
      "http://xbrl.sec.gov/cef/role/N2"
     ],
     "xbrltype": "booleanItemType"
    },
    "dei_ExhibitsOnly462dFileNumber": {
     "auth_ref": [
      "r82"
     ],
     "lang": {
      "en-us": {
       "role": {
        "label": "Exhibits Only, 462(d), File Number"
       }
      }
     },
     "localname": "ExhibitsOnly462dFileNumber",
     "nsuri": "http://xbrl.sec.gov/dei/2022",
     "presentation": [
      "http://xbrl.sec.gov/cef/role/N2"
     ],
     "xbrltype": "fileNumberItemType"
    },
    "dei_InvestmentCompanyActFileNumber": {
     "auth_ref": [
      "r5",
      "r72",
      "r73",
      "r74"
     ],
     "lang": {
      "en-us": {
       "role": {
        "label": "Investment Company Act File Number"
       }
      }
     },
     "localname": "InvestmentCompanyActFileNumber",
     "nsuri": "http://xbrl.sec.gov/dei/2022",
     "presentation": [
      "http://xbrl.sec.gov/cef/role/N2"
     ],
     "xbrltype": "fileNumberItemType"
    },
    "dei_InvestmentCompanyActRegistration": {
     "auth_ref": [
      "r76"
     ],
     "lang": {
      "en-us": {
       "role": {
        "label": "Investment Company Act Registration"
       }
      }
     },
     "localname": "InvestmentCompanyActRegistration",
     "nsuri": "http://xbrl.sec.gov/dei/2022",
     "presentation": [
      "http://xbrl.sec.gov/cef/role/N2"
     ],
     "xbrltype": "booleanItemType"
    },
    "dei_InvestmentCompanyRegistrationAmendment": {
     "auth_ref": [
      "r76"
     ],
     "lang": {
      "en-us": {
       "role": {
        "label": "Investment Company Registration Amendment"
       }
      }
     },
     "localname": "InvestmentCompanyRegistrationAmendment",
     "nsuri": "http://xbrl.sec.gov/dei/2022",
     "presentation": [
      "http://xbrl.sec.gov/cef/role/N2"
     ],
     "xbrltype": "booleanItemType"
    },
    "dei_InvestmentCompanyRegistrationAmendmentNumber": {
     "auth_ref": [
      "r76"
     ],
     "lang": {
      "en-us": {
       "role": {
        "label": "Investment Company Registration Amendment Number"
       }
      }
     },
     "localname": "InvestmentCompanyRegistrationAmendmentNumber",
     "nsuri": "http://xbrl.sec.gov/dei/2022",
     "presentation": [
      "http://xbrl.sec.gov/cef/role/N2"
     ],
     "xbrltype": "sequenceNumberItemType"
    },
    "dei_LocalPhoneNumber": {
     "auth_ref": [],
     "lang": {
      "en-us": {
       "role": {
        "documentation": "Local phone number for entity.",
        "label": "Local Phone Number"
       }
      }
     },
     "localname": "LocalPhoneNumber",
     "nsuri": "http://xbrl.sec.gov/dei/2022",
     "presentation": [
      "http://xbrl.sec.gov/cef/role/N2"
     ],
     "xbrltype": "normalizedStringItemType"
    },
    "dei_NewEffectiveDateForPreviousFiling": {
     "auth_ref": [
      "r5",
      "r72",
      "r73",
      "r74"
     ],
     "lang": {
      "en-us": {
       "role": {
        "label": "New Effective Date for Previous Filing"
       }
      }
     },
     "localname": "NewEffectiveDateForPreviousFiling",
     "nsuri": "http://xbrl.sec.gov/dei/2022",
     "presentation": [
      "http://xbrl.sec.gov/cef/role/N2"
     ],
     "xbrltype": "booleanItemType"
    },
    "dei_NoSubstantiveChanges462c": {
     "auth_ref": [
      "r81"
     ],
     "lang": {
      "en-us": {
       "role": {
        "label": "No Substantive Changes, 462(c)"
       }
      }
     },
     "localname": "NoSubstantiveChanges462c",
     "nsuri": "http://xbrl.sec.gov/dei/2022",
     "presentation": [
      "http://xbrl.sec.gov/cef/role/N2"
     ],
     "xbrltype": "booleanItemType"
    },
    "dei_NoSubstantiveChanges462cFileNumber": {
     "auth_ref": [
      "r81"
     ],
     "lang": {
      "en-us": {
       "role": {
        "label": "No Substantive Changes, 462(c), File Number"
       }
      }
     },
     "localname": "NoSubstantiveChanges462cFileNumber",
     "nsuri": "http://xbrl.sec.gov/dei/2022",
     "presentation": [
      "http://xbrl.sec.gov/cef/role/N2"
     ],
     "xbrltype": "fileNumberItemType"
    },
    "dei_PostEffectiveAmendment": {
     "auth_ref": [
      "r0"
     ],
     "lang": {
      "en-us": {
       "role": {
        "label": "Post-Effective Amendment"
       }
      }
     },
     "localname": "PostEffectiveAmendment",
     "nsuri": "http://xbrl.sec.gov/dei/2022",
     "presentation": [
      "http://xbrl.sec.gov/cef/role/N2"
     ],
     "xbrltype": "booleanItemType"
    },
    "dei_PostEffectiveAmendmentNumber": {
     "auth_ref": [
      "r0"
     ],
     "lang": {
      "en-us": {
       "role": {
        "documentation": "Amendment number to registration statement under the Securities Act of 1933 after the registration becomes effective.",
        "label": "Post-Effective Amendment Number"
       }
      }
     },
     "localname": "PostEffectiveAmendmentNumber",
     "nsuri": "http://xbrl.sec.gov/dei/2022",
     "presentation": [
      "http://xbrl.sec.gov/cef/role/N2"
     ],
     "xbrltype": "sequenceNumberItemType"
    },
    "dei_PreEffectiveAmendment": {
     "auth_ref": [
      "r0"
     ],
     "lang": {
      "en-us": {
       "role": {
        "label": "Pre-Effective Amendment"
       }
      }
     },
     "localname": "PreEffectiveAmendment",
     "nsuri": "http://xbrl.sec.gov/dei/2022",
     "presentation": [
      "http://xbrl.sec.gov/cef/role/N2"
     ],
     "xbrltype": "booleanItemType"
    },
    "dei_PreEffectiveAmendmentNumber": {
     "auth_ref": [
      "r0"
     ],
     "lang": {
      "en-us": {
       "role": {
        "documentation": "Amendment number to registration statement under the Securities Act of 1933 before the registration becomes effective.",
        "label": "Pre-Effective Amendment Number"
       }
      }
     },
     "localname": "PreEffectiveAmendmentNumber",
     "nsuri": "http://xbrl.sec.gov/dei/2022",
     "presentation": [
      "http://xbrl.sec.gov/cef/role/N2"
     ],
     "xbrltype": "sequenceNumberItemType"
    },
    "gsof_AntiTakeoverProvisionsRiskMember": {
     "auth_ref": [],
     "lang": {
      "en-us": {
       "role": {
        "label": "Anti Takeover Provisions Risk [Member]"
       }
      }
     },
     "localname": "AntiTakeoverProvisionsRiskMember",
     "nsuri": "http://www.guggenheiminvestments.com/20210920",
     "presentation": [
      "http://xbrl.sec.gov/cef/role/N2"
     ],
     "xbrltype": "domainItemType"
    },
    "gsof_AssetBackedSecuritiesRiskMember": {
     "auth_ref": [],
     "lang": {
      "en-us": {
       "role": {
        "label": "Asset Backed Securities Risk [Member]"
       }
      }
     },
     "localname": "AssetBackedSecuritiesRiskMember",
     "nsuri": "http://www.guggenheiminvestments.com/20210920",
     "presentation": [
      "http://xbrl.sec.gov/cef/role/N2"
     ],
     "xbrltype": "domainItemType"
    },
    "gsof_BelowInvestmentGradeSecuritiesRiskMember": {
     "auth_ref": [],
     "lang": {
      "en-us": {
       "role": {
        "label": "Below Investment Grade Securities Risk [Member]"
       }
      }
     },
     "localname": "BelowInvestmentGradeSecuritiesRiskMember",
     "nsuri": "http://www.guggenheiminvestments.com/20210920",
     "presentation": [
      "http://xbrl.sec.gov/cef/role/N2"
     ],
     "xbrltype": "domainItemType"
    },
    "gsof_BorrowingsCommittedFacilityAgreementMember": {
     "auth_ref": [],
     "lang": {
      "en-us": {
       "role": {
        "label": "Borrowings Committed Facility Agreement [Member]"
       }
      }
     },
     "localname": "BorrowingsCommittedFacilityAgreementMember",
     "nsuri": "http://www.guggenheiminvestments.com/20210920",
     "presentation": [
      "http://xbrl.sec.gov/cef/role/N2"
     ],
     "xbrltype": "domainItemType"
    },
    "gsof_BorrowingsMember": {
     "auth_ref": [],
     "lang": {
      "en-us": {
       "role": {
        "label": "Borrowings [Member]"
       }
      }
     },
     "localname": "BorrowingsMember",
     "nsuri": "http://www.guggenheiminvestments.com/20210920",
     "presentation": [
      "http://xbrl.sec.gov/cef/role/N2"
     ],
     "xbrltype": "domainItemType"
    },
    "gsof_CLOCDOAndCBORiskMember": {
     "auth_ref": [],
     "lang": {
      "en-us": {
       "role": {
        "label": "CLO CDO and CBO Risk [Member]"
       }
      }
     },
     "localname": "CLOCDOAndCBORiskMember",
     "nsuri": "http://www.guggenheiminvestments.com/20210920",
     "presentation": [
      "http://xbrl.sec.gov/cef/role/N2"
     ],
     "xbrltype": "domainItemType"
    },
    "gsof_CommonEquitySecuritiesRiskMember": {
     "auth_ref": [],
     "lang": {
      "en-us": {
       "role": {
        "label": "Common Equity Securities Risk [Member]"
       }
      }
     },
     "localname": "CommonEquitySecuritiesRiskMember",
     "nsuri": "http://www.guggenheiminvestments.com/20210920",
     "presentation": [
      "http://xbrl.sec.gov/cef/role/N2"
     ],
     "xbrltype": "domainItemType"
    },
    "gsof_CommonSharesMember": {
     "auth_ref": [],
     "lang": {
      "en-us": {
       "role": {
        "label": "Common Shares [Member]"
       }
      }
     },
     "localname": "CommonSharesMember",
     "nsuri": "http://www.guggenheiminvestments.com/20210920",
     "presentation": [
      "http://xbrl.sec.gov/cef/role/N2"
     ],
     "xbrltype": "domainItemType"
    },
    "gsof_ConflictsOfInterestRiskMember": {
     "auth_ref": [],
     "lang": {
      "en-us": {
       "role": {
        "label": "Conflicts of Interest Risk [Member]"
       }
      }
     },
     "localname": "ConflictsOfInterestRiskMember",
     "nsuri": "http://www.guggenheiminvestments.com/20210920",
     "presentation": [
      "http://xbrl.sec.gov/cef/role/N2"
     ],
     "xbrltype": "domainItemType"
    },
    "gsof_ConvertibleSecuritiesRiskMember": {
     "auth_ref": [],
     "lang": {
      "en-us": {
       "role": {
        "label": "Convertible Securities Risk [Member]"
       }
      }
     },
     "localname": "ConvertibleSecuritiesRiskMember",
     "nsuri": "http://www.guggenheiminvestments.com/20210920",
     "presentation": [
      "http://xbrl.sec.gov/cef/role/N2"
     ],
     "xbrltype": "domainItemType"
    },
    "gsof_CyberSecurityMarketDisruptionsAndOperationalRiskMember": {
     "auth_ref": [],
     "lang": {
      "en-us": {
       "role": {
        "label": "Cyber Security Market Disruptions and Operational Risk [Member]"
       }
      }
     },
     "localname": "CyberSecurityMarketDisruptionsAndOperationalRiskMember",
     "nsuri": "http://www.guggenheiminvestments.com/20210920",
     "presentation": [
      "http://xbrl.sec.gov/cef/role/N2"
     ],
     "xbrltype": "domainItemType"
    },
    "gsof_DerivativesTransactionsRiskMember": {
     "auth_ref": [],
     "lang": {
      "en-us": {
       "role": {
        "label": "Derivatives Transactions Risk [Member]"
       }
      }
     },
     "localname": "DerivativesTransactionsRiskMember",
     "nsuri": "http://www.guggenheiminvestments.com/20210920",
     "presentation": [
      "http://xbrl.sec.gov/cef/role/N2"
     ],
     "xbrltype": "domainItemType"
    },
    "gsof_DilutionRiskMember": {
     "auth_ref": [],
     "lang": {
      "en-us": {
       "role": {
        "label": "Dilution Risk [Member]"
       }
      }
     },
     "localname": "DilutionRiskMember",
     "nsuri": "http://www.guggenheiminvestments.com/20210920",
     "presentation": [
      "http://xbrl.sec.gov/cef/role/N2"
     ],
     "xbrltype": "domainItemType"
    },
    "gsof_DistressedAndDefaultedSecuritiesRiskMember": {
     "auth_ref": [],
     "lang": {
      "en-us": {
       "role": {
        "label": "Distressed and Defaulted Securities Risk [Member]"
       }
      }
     },
     "localname": "DistressedAndDefaultedSecuritiesRiskMember",
     "nsuri": "http://www.guggenheiminvestments.com/20210920",
     "presentation": [
      "http://xbrl.sec.gov/cef/role/N2"
     ],
     "xbrltype": "domainItemType"
    },
    "gsof_DividendRiskMember": {
     "auth_ref": [],
     "lang": {
      "en-us": {
       "role": {
        "label": "Dividend Risk [Member]"
       }
      }
     },
     "localname": "DividendRiskMember",
     "nsuri": "http://www.guggenheiminvestments.com/20210920",
     "presentation": [
      "http://xbrl.sec.gov/cef/role/N2"
     ],
     "xbrltype": "domainItemType"
    },
    "gsof_EmergingMarketsRiskMember": {
     "auth_ref": [],
     "lang": {
      "en-us": {
       "role": {
        "label": "Emerging Markets Risk [Member]"
       }
      }
     },
     "localname": "EmergingMarketsRiskMember",
     "nsuri": "http://www.guggenheiminvestments.com/20210920",
     "presentation": [
      "http://xbrl.sec.gov/cef/role/N2"
     ],
     "xbrltype": "domainItemType"
    },
    "gsof_FinancialLeverageAndLeveragedTransactionsRiskMember": {
     "auth_ref": [],
     "lang": {
      "en-us": {
       "role": {
        "label": "Financial Leverage and Leveraged Transactions Risk [Member]"
       }
      }
     },
     "localname": "FinancialLeverageAndLeveragedTransactionsRiskMember",
     "nsuri": "http://www.guggenheiminvestments.com/20210920",
     "presentation": [
      "http://xbrl.sec.gov/cef/role/N2"
     ],
     "xbrltype": "domainItemType"
    },
    "gsof_ForeignCurrencyRiskMember": {
     "auth_ref": [],
     "lang": {
      "en-us": {
       "role": {
        "label": "Foreign Currency Risk [Member]"
       }
      }
     },
     "localname": "ForeignCurrencyRiskMember",
     "nsuri": "http://www.guggenheiminvestments.com/20210920",
     "presentation": [
      "http://xbrl.sec.gov/cef/role/N2"
     ],
     "xbrltype": "domainItemType"
    },
    "gsof_ForeignSecuritiesRiskMember": {
     "auth_ref": [],
     "lang": {
      "en-us": {
       "role": {
        "label": "Foreign Securities Risk[Member]"
       }
      }
     },
     "localname": "ForeignSecuritiesRiskMember",
     "nsuri": "http://www.guggenheiminvestments.com/20210920",
     "presentation": [
      "http://xbrl.sec.gov/cef/role/N2"
     ],
     "xbrltype": "domainItemType"
    },
    "gsof_IncomeRiskMember": {
     "auth_ref": [],
     "lang": {
      "en-us": {
       "role": {
        "label": "Income Risk [Member]"
       }
      }
     },
     "localname": "IncomeRiskMember",
     "nsuri": "http://www.guggenheiminvestments.com/20210920",
     "presentation": [
      "http://xbrl.sec.gov/cef/role/N2"
     ],
     "xbrltype": "domainItemType"
    },
    "gsof_IncomeSecuritiesRiskMember": {
     "auth_ref": [],
     "lang": {
      "en-us": {
       "role": {
        "label": "Income Securities Risk [Member]"
       }
      }
     },
     "localname": "IncomeSecuritiesRiskMember",
     "nsuri": "http://www.guggenheiminvestments.com/20210920",
     "presentation": [
      "http://xbrl.sec.gov/cef/role/N2"
     ],
     "xbrltype": "domainItemType"
    },
    "gsof_IncreasingGovernmentAndOtherPublicDebtRiskMember": {
     "auth_ref": [],
     "lang": {
      "en-us": {
       "role": {
        "label": "Increasing Government and other Public Debt Risk [Member]"
       }
      }
     },
     "localname": "IncreasingGovernmentAndOtherPublicDebtRiskMember",
     "nsuri": "http://www.guggenheiminvestments.com/20210920",
     "presentation": [
      "http://xbrl.sec.gov/cef/role/N2"
     ],
     "xbrltype": "domainItemType"
    },
    "gsof_InflationDeflationRiskMember": {
     "auth_ref": [],
     "lang": {
      "en-us": {
       "role": {
        "label": "Inflation Deflation Risk [Member]"
       }
      }
     },
     "localname": "InflationDeflationRiskMember",
     "nsuri": "http://www.guggenheiminvestments.com/20210920",
     "presentation": [
      "http://xbrl.sec.gov/cef/role/N2"
     ],
     "xbrltype": "domainItemType"
    },
    "gsof_InvestmentAndMarketRiskMember": {
     "auth_ref": [],
     "lang": {
      "en-us": {
       "role": {
        "label": "Investment and Market Risk [Member]"
       }
      }
     },
     "localname": "InvestmentAndMarketRiskMember",
     "nsuri": "http://www.guggenheiminvestments.com/20210920",
     "presentation": [
      "http://xbrl.sec.gov/cef/role/N2"
     ],
     "xbrltype": "domainItemType"
    },
    "gsof_InvestmentFundsRiskMember": {
     "auth_ref": [],
     "lang": {
      "en-us": {
       "role": {
        "label": "Investment Funds Risk [Member]"
       }
      }
     },
     "localname": "InvestmentFundsRiskMember",
     "nsuri": "http://www.guggenheiminvestments.com/20210920",
     "presentation": [
      "http://xbrl.sec.gov/cef/role/N2"
     ],
     "xbrltype": "domainItemType"
    },
    "gsof_LIBORReplacementRiskMember": {
     "auth_ref": [],
     "lang": {
      "en-us": {
       "role": {
        "label": "LIBOR Replacement Risk [Member]"
       }
      }
     },
     "localname": "LIBORReplacementRiskMember",
     "nsuri": "http://www.guggenheiminvestments.com/20210920",
     "presentation": [
      "http://xbrl.sec.gov/cef/role/N2"
     ],
     "xbrltype": "domainItemType"
    },
    "gsof_LegislationAndRegulationRiskMember": {
     "auth_ref": [],
     "lang": {
      "en-us": {
       "role": {
        "label": "Legislation and Regulation Risk [Member]"
       }
      }
     },
     "localname": "LegislationAndRegulationRiskMember",
     "nsuri": "http://www.guggenheiminvestments.com/20210920",
     "presentation": [
      "http://xbrl.sec.gov/cef/role/N2"
     ],
     "xbrltype": "domainItemType"
    },
    "gsof_LoansAndLoanParticipationsAndAssignmentsRiskMember": {
     "auth_ref": [],
     "lang": {
      "en-us": {
       "role": {
        "label": "Loans and Loan Participations and Assignments Risk [Member]"
       }
      }
     },
     "localname": "LoansAndLoanParticipationsAndAssignmentsRiskMember",
     "nsuri": "http://www.guggenheiminvestments.com/20210920",
     "presentation": [
      "http://xbrl.sec.gov/cef/role/N2"
     ],
     "xbrltype": "domainItemType"
    },
    "gsof_ManagementRiskMember": {
     "auth_ref": [],
     "lang": {
      "en-us": {
       "role": {
        "label": "Management Risk [Member]"
       }
      }
     },
     "localname": "ManagementRiskMember",
     "nsuri": "http://www.guggenheiminvestments.com/20210920",
     "presentation": [
      "http://xbrl.sec.gov/cef/role/N2"
     ],
     "xbrltype": "domainItemType"
    },
    "gsof_MarketDiscountRiskMember": {
     "auth_ref": [],
     "lang": {
      "en-us": {
       "role": {
        "label": "Market Discount Risk [Member]"
       }
      }
     },
     "localname": "MarketDiscountRiskMember",
     "nsuri": "http://www.guggenheiminvestments.com/20210920",
     "presentation": [
      "http://xbrl.sec.gov/cef/role/N2"
     ],
     "xbrltype": "domainItemType"
    },
    "gsof_MarketDisruptionAndGeopoliticalRiskMember": {
     "auth_ref": [],
     "lang": {
      "en-us": {
       "role": {
        "label": "Market Disruption and Geopolitical Risk [Member]"
       }
      }
     },
     "localname": "MarketDisruptionAndGeopoliticalRiskMember",
     "nsuri": "http://www.guggenheiminvestments.com/20210920",
     "presentation": [
      "http://xbrl.sec.gov/cef/role/N2"
     ],
     "xbrltype": "domainItemType"
    },
    "gsof_MezzanineInvestmentsRiskMember": {
     "auth_ref": [],
     "lang": {
      "en-us": {
       "role": {
        "label": "Mezzanine Investments Risk [Member]"
       }
      }
     },
     "localname": "MezzanineInvestmentsRiskMember",
     "nsuri": "http://www.guggenheiminvestments.com/20210920",
     "presentation": [
      "http://xbrl.sec.gov/cef/role/N2"
     ],
     "xbrltype": "domainItemType"
    },
    "gsof_MortgageBackedSecuritiesRiskMember": {
     "auth_ref": [],
     "lang": {
      "en-us": {
       "role": {
        "label": "Mortgage Backed Securities Risk [Member]"
       }
      }
     },
     "localname": "MortgageBackedSecuritiesRiskMember",
     "nsuri": "http://www.guggenheiminvestments.com/20210920",
     "presentation": [
      "http://xbrl.sec.gov/cef/role/N2"
     ],
     "xbrltype": "domainItemType"
    },
    "gsof_MunicipalSecuritiesRiskMember": {
     "auth_ref": [],
     "lang": {
      "en-us": {
       "role": {
        "label": "Municipal Securities Risk [Member]"
       }
      }
     },
     "localname": "MunicipalSecuritiesRiskMember",
     "nsuri": "http://www.guggenheiminvestments.com/20210920",
     "presentation": [
      "http://xbrl.sec.gov/cef/role/N2"
     ],
     "xbrltype": "domainItemType"
    },
    "gsof_NotACompleteInvestmentProgramMember": {
     "auth_ref": [],
     "lang": {
      "en-us": {
       "role": {
        "label": "Not a Complete Investment Program [Member]"
       }
      }
     },
     "localname": "NotACompleteInvestmentProgramMember",
     "nsuri": "http://www.guggenheiminvestments.com/20210920",
     "presentation": [
      "http://xbrl.sec.gov/cef/role/N2"
     ],
     "xbrltype": "domainItemType"
    },
    "gsof_PortfolioTurnoverRiskMember": {
     "auth_ref": [],
     "lang": {
      "en-us": {
       "role": {
        "label": "Portfolio Turnover Risk [Member]"
       }
      }
     },
     "localname": "PortfolioTurnoverRiskMember",
     "nsuri": "http://www.guggenheiminvestments.com/20210920",
     "presentation": [
      "http://xbrl.sec.gov/cef/role/N2"
     ],
     "xbrltype": "domainItemType"
    },
    "gsof_PreferredSharesMember": {
     "auth_ref": [],
     "lang": {
      "en-us": {
       "role": {
        "label": "Preferred Shares [Member]"
       }
      }
     },
     "localname": "PreferredSharesMember",
     "nsuri": "http://www.guggenheiminvestments.com/20210920",
     "presentation": [
      "http://xbrl.sec.gov/cef/role/N2"
     ],
     "xbrltype": "domainItemType"
    },
    "gsof_PreferredStockRiskMember": {
     "auth_ref": [],
     "lang": {
      "en-us": {
       "role": {
        "label": "Preferred Stock Risk [Member]"
       }
      }
     },
     "localname": "PreferredStockRiskMember",
     "nsuri": "http://www.guggenheiminvestments.com/20210920",
     "presentation": [
      "http://xbrl.sec.gov/cef/role/N2"
     ],
     "xbrltype": "domainItemType"
    },
    "gsof_PrivateSecuritiesRiskMember": {
     "auth_ref": [],
     "lang": {
      "en-us": {
       "role": {
        "label": "Private Securities Risk [Member]"
       }
      }
     },
     "localname": "PrivateSecuritiesRiskMember",
     "nsuri": "http://www.guggenheiminvestments.com/20210920",
     "presentation": [
      "http://xbrl.sec.gov/cef/role/N2"
     ],
     "xbrltype": "domainItemType"
    },
    "gsof_RecentMarketDevelopmentsRiskMember": {
     "auth_ref": [],
     "lang": {
      "en-us": {
       "role": {
        "label": "Recent Market Developments Risk [Member]"
       }
      }
     },
     "localname": "RecentMarketDevelopmentsRiskMember",
     "nsuri": "http://www.guggenheiminvestments.com/20210920",
     "presentation": [
      "http://xbrl.sec.gov/cef/role/N2"
     ],
     "xbrltype": "domainItemType"
    },
    "gsof_RedenominationRiskMember": {
     "auth_ref": [],
     "lang": {
      "en-us": {
       "role": {
        "label": "Redenomination Risk [Member]"
       }
      }
     },
     "localname": "RedenominationRiskMember",
     "nsuri": "http://www.guggenheiminvestments.com/20210920",
     "presentation": [
      "http://xbrl.sec.gov/cef/role/N2"
     ],
     "xbrltype": "domainItemType"
    },
    "gsof_RepurchaseAgreementRiskMember": {
     "auth_ref": [],
     "lang": {
      "en-us": {
       "role": {
        "label": "Repurchase Agreement Risk [Member]"
       }
      }
     },
     "localname": "RepurchaseAgreementRiskMember",
     "nsuri": "http://www.guggenheiminvestments.com/20210920",
     "presentation": [
      "http://xbrl.sec.gov/cef/role/N2"
     ],
     "xbrltype": "domainItemType"
    },
    "gsof_ReverseRepurchaseAgreementsMember": {
     "auth_ref": [],
     "lang": {
      "en-us": {
       "role": {
        "label": "Reverse Repurchase Agreements [Member]"
       }
      }
     },
     "localname": "ReverseRepurchaseAgreementsMember",
     "nsuri": "http://www.guggenheiminvestments.com/20210920",
     "presentation": [
      "http://xbrl.sec.gov/cef/role/N2"
     ],
     "xbrltype": "domainItemType"
    },
    "gsof_RiskOfFailureToQualifyAsARICMember": {
     "auth_ref": [],
     "lang": {
      "en-us": {
       "role": {
        "label": "Risk of Failure to Qualify as a RIC [Member]"
       }
      }
     },
     "localname": "RiskOfFailureToQualifyAsARICMember",
     "nsuri": "http://www.guggenheiminvestments.com/20210920",
     "presentation": [
      "http://xbrl.sec.gov/cef/role/N2"
     ],
     "xbrltype": "domainItemType"
    },
    "gsof_RisksAssociatedWithRiskLinkedSecuritiesMember": {
     "auth_ref": [],
     "lang": {
      "en-us": {
       "role": {
        "label": "Risks Associated with Risk Linked Securities [Member]"
       }
      }
     },
     "localname": "RisksAssociatedWithRiskLinkedSecuritiesMember",
     "nsuri": "http://www.guggenheiminvestments.com/20210920",
     "presentation": [
      "http://xbrl.sec.gov/cef/role/N2"
     ],
     "xbrltype": "domainItemType"
    },
    "gsof_RisksAssociatedWithStructuredNotesMember": {
     "auth_ref": [],
     "lang": {
      "en-us": {
       "role": {
        "label": "Risks Associated with Structured Notes [Member]"
       }
      }
     },
     "localname": "RisksAssociatedWithStructuredNotesMember",
     "nsuri": "http://www.guggenheiminvestments.com/20210920",
     "presentation": [
      "http://xbrl.sec.gov/cef/role/N2"
     ],
     "xbrltype": "domainItemType"
    },
    "gsof_RisksAssociatedWithTheFundsCoveredCallOptionStrategyAndPutOptionsMember": {
     "auth_ref": [],
     "lang": {
      "en-us": {
       "role": {
        "label": "Risks Associated with the Funds Covered Call Option Strategy and Put Options [Member]"
       }
      }
     },
     "localname": "RisksAssociatedWithTheFundsCoveredCallOptionStrategyAndPutOptionsMember",
     "nsuri": "http://www.guggenheiminvestments.com/20210920",
     "presentation": [
      "http://xbrl.sec.gov/cef/role/N2"
     ],
     "xbrltype": "domainItemType"
    },
    "gsof_RisksOfPersonalPropertyAssetCompaniesMember": {
     "auth_ref": [],
     "lang": {
      "en-us": {
       "role": {
        "label": "Risks of Personal Property Asset Companies [Member]"
       }
      }
     },
     "localname": "RisksOfPersonalPropertyAssetCompaniesMember",
     "nsuri": "http://www.guggenheiminvestments.com/20210920",
     "presentation": [
      "http://xbrl.sec.gov/cef/role/N2"
     ],
     "xbrltype": "domainItemType"
    },
    "gsof_RisksOfRealPropertyAssetCompaniesMember": {
     "auth_ref": [],
     "lang": {
      "en-us": {
       "role": {
        "label": "Risks of Real Property Asset Companies [Member]"
       }
      }
     },
     "localname": "RisksOfRealPropertyAssetCompaniesMember",
     "nsuri": "http://www.guggenheiminvestments.com/20210920",
     "presentation": [
      "http://xbrl.sec.gov/cef/role/N2"
     ],
     "xbrltype": "domainItemType"
    },
    "gsof_SecondLienLoansRiskMember": {
     "auth_ref": [],
     "lang": {
      "en-us": {
       "role": {
        "label": "Second Lien Loans Risk [Member]"
       }
      }
     },
     "localname": "SecondLienLoansRiskMember",
     "nsuri": "http://www.guggenheiminvestments.com/20210920",
     "presentation": [
      "http://xbrl.sec.gov/cef/role/N2"
     ],
     "xbrltype": "domainItemType"
    },
    "gsof_SecuritiesLendingRiskMember": {
     "auth_ref": [],
     "lang": {
      "en-us": {
       "role": {
        "label": "Securities Lending Risk [Member]"
       }
      }
     },
     "localname": "SecuritiesLendingRiskMember",
     "nsuri": "http://www.guggenheiminvestments.com/20210920",
     "presentation": [
      "http://xbrl.sec.gov/cef/role/N2"
     ],
     "xbrltype": "domainItemType"
    },
    "gsof_SeniorLoansRiskMember": {
     "auth_ref": [],
     "lang": {
      "en-us": {
       "role": {
        "label": "Senior Loans Risk [Member]"
       }
      }
     },
     "localname": "SeniorLoansRiskMember",
     "nsuri": "http://www.guggenheiminvestments.com/20210920",
     "presentation": [
      "http://xbrl.sec.gov/cef/role/N2"
     ],
     "xbrltype": "domainItemType"
    },
    "gsof_ShortSalesRiskMember": {
     "auth_ref": [],
     "lang": {
      "en-us": {
       "role": {
        "label": "Short Sales Risk [Member]"
       }
      }
     },
     "localname": "ShortSalesRiskMember",
     "nsuri": "http://www.guggenheiminvestments.com/20210920",
     "presentation": [
      "http://xbrl.sec.gov/cef/role/N2"
     ],
     "xbrltype": "domainItemType"
    },
    "gsof_SovereignDebtRiskMember": {
     "auth_ref": [],
     "lang": {
      "en-us": {
       "role": {
        "label": "Sovereign Debt Risk [Member]"
       }
      }
     },
     "localname": "SovereignDebtRiskMember",
     "nsuri": "http://www.guggenheiminvestments.com/20210920",
     "presentation": [
      "http://xbrl.sec.gov/cef/role/N2"
     ],
     "xbrltype": "domainItemType"
    },
    "gsof_StructuredFinanceInvestmentsRiskMember": {
     "auth_ref": [],
     "lang": {
      "en-us": {
       "role": {
        "label": "Structured Finance Investments Risk [Member]"
       }
      }
     },
     "localname": "StructuredFinanceInvestmentsRiskMember",
     "nsuri": "http://www.guggenheiminvestments.com/20210920",
     "presentation": [
      "http://xbrl.sec.gov/cef/role/N2"
     ],
     "xbrltype": "domainItemType"
    },
    "gsof_SubordinatedSecuredLoansRiskMember": {
     "auth_ref": [],
     "lang": {
      "en-us": {
       "role": {
        "label": "Subordinated Secured Loans Risk [Member]"
       }
      }
     },
     "localname": "SubordinatedSecuredLoansRiskMember",
     "nsuri": "http://www.guggenheiminvestments.com/20210920",
     "presentation": [
      "http://xbrl.sec.gov/cef/role/N2"
     ],
     "xbrltype": "domainItemType"
    },
    "gsof_SyntheticInvestmentsRiskMember": {
     "auth_ref": [],
     "lang": {
      "en-us": {
       "role": {
        "label": "Synthetic Investments Risk [Member]"
       }
      }
     },
     "localname": "SyntheticInvestmentsRiskMember",
     "nsuri": "http://www.guggenheiminvestments.com/20210920",
     "presentation": [
      "http://xbrl.sec.gov/cef/role/N2"
     ],
     "xbrltype": "domainItemType"
    },
    "gsof_TechnologyRiskMember": {
     "auth_ref": [],
     "lang": {
      "en-us": {
       "role": {
        "label": "Technology Risk [Member]"
       }
      }
     },
     "localname": "TechnologyRiskMember",
     "nsuri": "http://www.guggenheiminvestments.com/20210920",
     "presentation": [
      "http://xbrl.sec.gov/cef/role/N2"
     ],
     "xbrltype": "domainItemType"
    },
    "gsof_UKDepartureFromEUBrexitRiskMember": {
     "auth_ref": [],
     "lang": {
      "en-us": {
       "role": {
        "label": "UK Departure from EU Brexit Risk [Member]"
       }
      }
     },
     "localname": "UKDepartureFromEUBrexitRiskMember",
     "nsuri": "http://www.guggenheiminvestments.com/20210920",
     "presentation": [
      "http://xbrl.sec.gov/cef/role/N2"
     ],
     "xbrltype": "domainItemType"
    },
    "gsof_USGovernmentSecuritiesRiskMember": {
     "auth_ref": [],
     "lang": {
      "en-us": {
       "role": {
        "label": "US Government Securities Risk [Member]"
       }
      }
     },
     "localname": "USGovernmentSecuritiesRiskMember",
     "nsuri": "http://www.guggenheiminvestments.com/20210920",
     "presentation": [
      "http://xbrl.sec.gov/cef/role/N2"
     ],
     "xbrltype": "domainItemType"
    },
    "gsof_UnsecuredLoansRiskMember": {
     "auth_ref": [],
     "lang": {
      "en-us": {
       "role": {
        "label": "Unsecured Loans Risk [Member]"
       }
      }
     },
     "localname": "UnsecuredLoansRiskMember",
     "nsuri": "http://www.guggenheiminvestments.com/20210920",
     "presentation": [
      "http://xbrl.sec.gov/cef/role/N2"
     ],
     "xbrltype": "domainItemType"
    },
    "gsof_WhenIssuedAndDelayedDeliveryTransactionsRiskMember": {
     "auth_ref": [],
     "lang": {
      "en-us": {
       "role": {
        "label": "When Issued and Delayed Delivery Transactions Risk [Member]"
       }
      }
     },
     "localname": "WhenIssuedAndDelayedDeliveryTransactionsRiskMember",
     "nsuri": "http://www.guggenheiminvestments.com/20210920",
     "presentation": [
      "http://xbrl.sec.gov/cef/role/N2"
     ],
     "xbrltype": "domainItemType"
    }
   },
   "unitCount": 4
  }
 },
 "std_ref": {
  "r0": {
   "Name": "Exchange Act",
   "Number": "240",
   "Publisher": "SEC",
   "Section": "12",
   "role": "http://www.xbrl.org/2003/role/presentationRef"
  },
  "r1": {
   "Name": "Exchange Act",
   "Number": "240",
   "Publisher": "SEC",
   "Section": "12",
   "Subsection": "b-2",
   "role": "http://www.xbrl.org/2003/role/presentationRef"
  },
  "r10": {
   "Name": "Form N-2",
   "Paragraph": "a",
   "Publisher": "SEC",
   "Section": "Item 10",
   "Subparagraph": "3",
   "Subsection": "1",
   "role": "http://www.xbrl.org/2003/role/presentationRef"
  },
  "r11": {
   "Name": "Form N-2",
   "Paragraph": "a",
   "Publisher": "SEC",
   "Section": "Item 10",
   "Subparagraph": "4",
   "Subsection": "1",
   "role": "http://www.xbrl.org/2003/role/presentationRef"
  },
  "r12": {
   "Name": "Form N-2",
   "Paragraph": "a",
   "Publisher": "SEC",
   "Section": "Item 10",
   "Subparagraph": "5",
   "Subsection": "1",
   "role": "http://www.xbrl.org/2003/role/presentationRef"
  },
  "r13": {
   "Name": "Form N-2",
   "Paragraph": "a",
   "Publisher": "SEC",
   "Section": "Item 10",
   "Subparagraph": "6",
   "Subsection": "1",
   "role": "http://www.xbrl.org/2003/role/presentationRef"
  },
  "r14": {
   "Name": "Form N-2",
   "Paragraph": "a",
   "Publisher": "SEC",
   "Section": "Item 10",
   "Subparagraph": "Instruction 2",
   "Subsection": "1",
   "role": "http://www.xbrl.org/2003/role/presentationRef"
  },
  "r15": {
   "Name": "Form N-2",
   "Paragraph": "b",
   "Publisher": "SEC",
   "Section": "Item 10",
   "Subparagraph": "1",
   "Subsection": "1",
   "role": "http://www.xbrl.org/2003/role/presentationRef"
  },
  "r16": {
   "Name": "Form N-2",
   "Paragraph": "b",
   "Publisher": "SEC",
   "Section": "Item 10",
   "Subparagraph": "2",
   "Subsection": "1",
   "role": "http://www.xbrl.org/2003/role/presentationRef"
  },
  "r17": {
   "Name": "Form N-2",
   "Paragraph": "c",
   "Publisher": "SEC",
   "Section": "Item 10",
   "Subsection": "1",
   "role": "http://www.xbrl.org/2003/role/presentationRef"
  },
  "r18": {
   "Name": "Form N-2",
   "Paragraph": "d",
   "Publisher": "SEC",
   "Section": "Item 10",
   "Subsection": "1",
   "role": "http://www.xbrl.org/2003/role/presentationRef"
  },
  "r19": {
   "Name": "Form N-2",
   "Publisher": "SEC",
   "Section": "Item 10",
   "Subsection": "2",
   "role": "http://www.xbrl.org/2003/role/presentationRef"
  },
  "r2": {
   "Name": "Form 20-F",
   "Number": "249",
   "Publisher": "SEC",
   "Section": "220",
   "Subsection": "f",
   "role": "http://www.xbrl.org/2003/role/presentationRef"
  },
  "r20": {
   "Name": "Form N-2",
   "Paragraph": "a",
   "Publisher": "SEC",
   "Section": "Item 10",
   "Subsection": "2",
   "role": "http://www.xbrl.org/2003/role/presentationRef"
  },
  "r21": {
   "Name": "Form N-2",
   "Paragraph": "b",
   "Publisher": "SEC",
   "Section": "Item 10",
   "Subsection": "2",
   "role": "http://www.xbrl.org/2003/role/presentationRef"
  },
  "r22": {
   "Name": "Form N-2",
   "Paragraph": "c",
   "Publisher": "SEC",
   "Section": "Item 10",
   "Subsection": "2",
   "role": "http://www.xbrl.org/2003/role/presentationRef"
  },
  "r23": {
   "Name": "Form N-2",
   "Paragraph": "e",
   "Publisher": "SEC",
   "Section": "Item 10",
   "Subsection": "2",
   "role": "http://www.xbrl.org/2003/role/presentationRef"
  },
  "r24": {
   "Name": "Form N-2",
   "Publisher": "SEC",
   "Section": "Item 10",
   "Subsection": "3",
   "role": "http://www.xbrl.org/2003/role/presentationRef"
  },
  "r25": {
   "Name": "Form N-2",
   "Publisher": "SEC",
   "Section": "Item 10",
   "Subsection": "5",
   "role": "http://www.xbrl.org/2003/role/presentationRef"
  },
  "r26": {
   "Name": "Form N-2",
   "Paragraph": "1",
   "Publisher": "SEC",
   "Section": "Item 10",
   "Subsection": "5",
   "role": "http://www.xbrl.org/2003/role/presentationRef"
  },
  "r27": {
   "Name": "Form N-2",
   "Paragraph": "2",
   "Publisher": "SEC",
   "Section": "Item 10",
   "Subsection": "5",
   "role": "http://www.xbrl.org/2003/role/presentationRef"
  },
  "r28": {
   "Name": "Form N-2",
   "Paragraph": "3",
   "Publisher": "SEC",
   "Section": "Item 10",
   "Subsection": "5",
   "role": "http://www.xbrl.org/2003/role/presentationRef"
  },
  "r29": {
   "Name": "Form N-2",
   "Paragraph": "4",
   "Publisher": "SEC",
   "Section": "Item 10",
   "Subsection": "5",
   "role": "http://www.xbrl.org/2003/role/presentationRef"
  },
  "r3": {
   "Name": "Form 40-F",
   "Number": "249",
   "Publisher": "SEC",
   "Section": "240",
   "Subsection": "f",
   "role": "http://www.xbrl.org/2003/role/presentationRef"
  },
  "r30": {
   "Name": "Form N-2",
   "Publisher": "SEC",
   "Section": "Item 3",
   "Subsection": "1",
   "role": "http://www.xbrl.org/2003/role/presentationRef"
  },
  "r31": {
   "Name": "Form N-2",
   "Paragraph": "Instruction 1",
   "Publisher": "SEC",
   "Section": "Item 3",
   "Subsection": "1",
   "role": "http://www.xbrl.org/2003/role/presentationRef"
  },
  "r32": {
   "Name": "Form N-2",
   "Paragraph": "Instruction 10",
   "Publisher": "SEC",
   "Section": "Item 3",
   "Subparagraph": "a",
   "Subsection": "1",
   "role": "http://www.xbrl.org/2003/role/presentationRef"
  },
  "r33": {
   "Name": "Form N-2",
   "Paragraph": "Instruction 10",
   "Publisher": "SEC",
   "Section": "Item 3",
   "Subparagraph": "a, g, h",
   "Subsection": "1",
   "role": "http://www.xbrl.org/2003/role/presentationRef"
  },
  "r34": {
   "Name": "Form N-2",
   "Paragraph": "Instruction 10",
   "Publisher": "SEC",
   "Section": "Item 3",
   "Subparagraph": "f",
   "Subsection": "1",
   "role": "http://www.xbrl.org/2003/role/presentationRef"
  },
  "r35": {
   "Name": "Form N-2",
   "Paragraph": "Instruction 10",
   "Publisher": "SEC",
   "Section": "Item 3",
   "Subparagraph": "g",
   "Subsection": "1",
   "role": "http://www.xbrl.org/2003/role/presentationRef"
  },
  "r36": {
   "Name": "Form N-2",
   "Paragraph": "Instruction 10",
   "Publisher": "SEC",
   "Section": "Item 3",
   "Subparagraph": "i",
   "Subsection": "1",
   "role": "http://www.xbrl.org/2003/role/presentationRef"
  },
  "r37": {
   "Name": "Form N-2",
   "Paragraph": "Instruction 11",
   "Publisher": "SEC",
   "Section": "Item 3",
   "Subsection": "1",
   "role": "http://www.xbrl.org/2003/role/presentationRef"
  },
  "r38": {
   "Name": "Form N-2",
   "Paragraph": "Instruction 4",
   "Publisher": "SEC",
   "Section": "Item 3",
   "Subsection": "1",
   "role": "http://www.xbrl.org/2003/role/presentationRef"
  },
  "r39": {
   "Name": "Form N-2",
   "Paragraph": "Instruction 5",
   "Publisher": "SEC",
   "Section": "Item 3",
   "Subsection": "1",
   "role": "http://www.xbrl.org/2003/role/presentationRef"
  },
  "r4": {
   "Name": "Form F-3",
   "Publisher": "SEC",
   "role": "http://www.xbrl.org/2003/role/presentationRef"
  },
  "r40": {
   "Name": "Form N-2",
   "Paragraph": "Instruction 6",
   "Publisher": "SEC",
   "Section": "Item 3",
   "Subsection": "1",
   "role": "http://www.xbrl.org/2003/role/presentationRef"
  },
  "r41": {
   "Name": "Form N-2",
   "Paragraph": "Instruction 7",
   "Publisher": "SEC",
   "Section": "Item 3",
   "Subparagraph": "a",
   "Subsection": "1",
   "role": "http://www.xbrl.org/2003/role/presentationRef"
  },
  "r42": {
   "Name": "Form N-2",
   "Paragraph": "Instruction 7",
   "Publisher": "SEC",
   "Section": "Item 3",
   "Subparagraph": "b",
   "Subsection": "1",
   "role": "http://www.xbrl.org/2003/role/presentationRef"
  },
  "r43": {
   "Name": "Form N-2",
   "Paragraph": "Instruction 8",
   "Publisher": "SEC",
   "Section": "Item 3",
   "Subsection": "1",
   "role": "http://www.xbrl.org/2003/role/presentationRef"
  },
  "r44": {
   "Name": "Form N-2",
   "Paragraph": "Instruction 9",
   "Publisher": "SEC",
   "Section": "Item 3",
   "Subsection": "1",
   "role": "http://www.xbrl.org/2003/role/presentationRef"
  },
  "r45": {
   "Name": "Form N-2",
   "Publisher": "SEC",
   "Section": "Item 4",
   "role": "http://www.xbrl.org/2003/role/presentationRef"
  },
  "r46": {
   "Name": "Form N-2",
   "Paragraph": "Instruction 2",
   "Publisher": "SEC",
   "Section": "Item 4",
   "Subsection": "1",
   "role": "http://www.xbrl.org/2003/role/presentationRef"
  },
  "r47": {
   "Name": "Form N-2",
   "Paragraph": "Instruction 3",
   "Publisher": "SEC",
   "Section": "Item 4",
   "Subsection": "1",
   "role": "http://www.xbrl.org/2003/role/presentationRef"
  },
  "r48": {
   "Name": "Form N-2",
   "Paragraph": "Instruction 8",
   "Publisher": "SEC",
   "Section": "Item 4",
   "Subsection": "1",
   "role": "http://www.xbrl.org/2003/role/presentationRef"
  },
  "r49": {
   "Name": "Form N-2",
   "Publisher": "SEC",
   "Section": "Item 4",
   "Subsection": "3",
   "role": "http://www.xbrl.org/2003/role/presentationRef"
  },
  "r5": {
   "Name": "Form N-2",
   "Publisher": "SEC",
   "role": "http://www.xbrl.org/2003/role/presentationRef"
  },
  "r50": {
   "Name": "Form N-2",
   "Paragraph": "2",
   "Publisher": "SEC",
   "Section": "Item 4",
   "Subsection": "3",
   "role": "http://www.xbrl.org/2003/role/presentationRef"
  },
  "r51": {
   "Name": "Form N-2",
   "Paragraph": "3",
   "Publisher": "SEC",
   "Section": "Item 4",
   "Subparagraph": "Instruction 2",
   "Subsection": "3",
   "role": "http://www.xbrl.org/2003/role/presentationRef"
  },
  "r52": {
   "Name": "Form N-2",
   "Paragraph": "4",
   "Publisher": "SEC",
   "Section": "Item 4",
   "Subparagraph": "Instruction 3",
   "Subsection": "3",
   "role": "http://www.xbrl.org/2003/role/presentationRef"
  },
  "r53": {
   "Name": "Form N-2",
   "Paragraph": "5",
   "Publisher": "SEC",
   "Section": "Item 4",
   "Subsection": "3",
   "role": "http://www.xbrl.org/2003/role/presentationRef"
  },
  "r54": {
   "Name": "Form N-2",
   "Paragraph": "Instruction 1",
   "Publisher": "SEC",
   "Section": "Item 4",
   "Subsection": "3",
   "role": "http://www.xbrl.org/2003/role/presentationRef"
  },
  "r55": {
   "Name": "Form N-2",
   "Paragraph": "Instruction 4",
   "Publisher": "SEC",
   "Section": "Item 4",
   "Subsection": "3",
   "role": "http://www.xbrl.org/2003/role/presentationRef"
  },
  "r56": {
   "Name": "Form N-2",
   "Paragraph": "Instruction 5",
   "Publisher": "SEC",
   "Section": "Item 4",
   "Subsection": "3",
   "role": "http://www.xbrl.org/2003/role/presentationRef"
  },
  "r57": {
   "Name": "Form N-2",
   "Publisher": "SEC",
   "Section": "Item 8",
   "role": "http://www.xbrl.org/2003/role/presentationRef"
  },
  "r58": {
   "Name": "Form N-2",
   "Paragraph": "b, d",
   "Publisher": "SEC",
   "Section": "Item 8",
   "Subsection": "2",
   "role": "http://www.xbrl.org/2003/role/presentationRef"
  },
  "r59": {
   "Name": "Form N-2",
   "Paragraph": "a",
   "Publisher": "SEC",
   "Section": "Item 8",
   "Subsection": "3",
   "role": "http://www.xbrl.org/2003/role/presentationRef"
  },
  "r6": {
   "Name": "Form N-2",
   "Publisher": "SEC",
   "Section": "Item 10",
   "role": "http://www.xbrl.org/2003/role/presentationRef"
  },
  "r60": {
   "Name": "Form N-2",
   "Paragraph": "b",
   "Publisher": "SEC",
   "Section": "Item 8",
   "Subsection": "3",
   "role": "http://www.xbrl.org/2003/role/presentationRef"
  },
  "r61": {
   "Name": "Form N-2",
   "Paragraph": "b",
   "Publisher": "SEC",
   "Section": "Item 8",
   "Subparagraph": "1",
   "Subsection": "3",
   "role": "http://www.xbrl.org/2003/role/presentationRef"
  },
  "r62": {
   "Name": "Form N-2",
   "Paragraph": "b",
   "Publisher": "SEC",
   "Section": "Item 8",
   "Subparagraph": "2",
   "Subsection": "3",
   "role": "http://www.xbrl.org/2003/role/presentationRef"
  },
  "r63": {
   "Name": "Form N-2",
   "Paragraph": "b",
   "Publisher": "SEC",
   "Section": "Item 8",
   "Subparagraph": "3",
   "Subsection": "3",
   "role": "http://www.xbrl.org/2003/role/presentationRef"
  },
  "r64": {
   "Name": "Form N-2",
   "Paragraph": "b",
   "Publisher": "SEC",
   "Section": "Item 8",
   "Subsection": "5",
   "role": "http://www.xbrl.org/2003/role/presentationRef"
  },
  "r65": {
   "Name": "Form N-2",
   "Paragraph": "b",
   "Publisher": "SEC",
   "Section": "Item 8",
   "Subparagraph": "4",
   "Subsection": "5",
   "role": "http://www.xbrl.org/2003/role/presentationRef"
  },
  "r66": {
   "Name": "Form N-2",
   "Paragraph": "b",
   "Publisher": "SEC",
   "Section": "Item 8",
   "Subparagraph": "Instruction 2",
   "Subsection": "5",
   "role": "http://www.xbrl.org/2003/role/presentationRef"
  },
  "r67": {
   "Name": "Form N-2",
   "Paragraph": "b",
   "Publisher": "SEC",
   "Section": "Item 8",
   "Subparagraph": "Instruction 3",
   "Subsection": "5",
   "role": "http://www.xbrl.org/2003/role/presentationRef"
  },
  "r68": {
   "Name": "Form N-2",
   "Paragraph": "b",
   "Publisher": "SEC",
   "Section": "Item 8",
   "Subparagraph": "Instruction 4",
   "Subsection": "5",
   "role": "http://www.xbrl.org/2003/role/presentationRef"
  },
  "r69": {
   "Name": "Form N-2",
   "Paragraph": "b",
   "Publisher": "SEC",
   "Section": "Item 8",
   "Subparagraph": "Instructions 4, 5",
   "Subsection": "5",
   "role": "http://www.xbrl.org/2003/role/presentationRef"
  },
  "r7": {
   "Name": "Form N-2",
   "Paragraph": "a",
   "Publisher": "SEC",
   "Section": "Item 10",
   "Subsection": "1",
   "role": "http://www.xbrl.org/2003/role/presentationRef"
  },
  "r70": {
   "Name": "Form N-2",
   "Paragraph": "c",
   "Publisher": "SEC",
   "Section": "Item 8",
   "Subsection": "5",
   "role": "http://www.xbrl.org/2003/role/presentationRef"
  },
  "r71": {
   "Name": "Form N-2",
   "Paragraph": "e",
   "Publisher": "SEC",
   "Section": "Item 8",
   "Subsection": "5",
   "role": "http://www.xbrl.org/2003/role/presentationRef"
  },
  "r72": {
   "Name": "Form N-3",
   "Publisher": "SEC",
   "role": "http://www.xbrl.org/2003/role/presentationRef"
  },
  "r73": {
   "Name": "Form N-4",
   "Publisher": "SEC",
   "role": "http://www.xbrl.org/2003/role/presentationRef"
  },
  "r74": {
   "Name": "Form N-6",
   "Publisher": "SEC",
   "role": "http://www.xbrl.org/2003/role/presentationRef"
  },
  "r75": {
   "Name": "Form S-3",
   "Publisher": "SEC",
   "role": "http://www.xbrl.org/2003/role/presentationRef"
  },
  "r76": {
   "Name": "Investment Company Act",
   "Number": "270",
   "Publisher": "SEC",
   "role": "http://www.xbrl.org/2003/role/presentationRef"
  },
  "r77": {
   "Name": "Regulation S-T",
   "Number": "232",
   "Publisher": "SEC",
   "Section": "313",
   "role": "http://www.xbrl.org/2003/role/presentationRef"
  },
  "r78": {
   "Name": "Securities Act",
   "Number": "230",
   "Publisher": "SEC",
   "Section": "405",
   "role": "http://www.xbrl.org/2003/role/presentationRef"
  },
  "r79": {
   "Name": "Securities Act",
   "Number": "230",
   "Publisher": "SEC",
   "Section": "413",
   "Subsection": "b",
   "role": "http://www.xbrl.org/2003/role/presentationRef"
  },
  "r8": {
   "Name": "Form N-2",
   "Paragraph": "a",
   "Publisher": "SEC",
   "Section": "Item 10",
   "Subparagraph": "1",
   "Subsection": "1",
   "role": "http://www.xbrl.org/2003/role/presentationRef"
  },
  "r80": {
   "Name": "Securities Act",
   "Number": "230",
   "Publisher": "SEC",
   "Section": "462",
   "Subsection": "b",
   "role": "http://www.xbrl.org/2003/role/presentationRef"
  },
  "r81": {
   "Name": "Securities Act",
   "Number": "230",
   "Publisher": "SEC",
   "Section": "462",
   "Subsection": "c",
   "role": "http://www.xbrl.org/2003/role/presentationRef"
  },
  "r82": {
   "Name": "Securities Act",
   "Number": "230",
   "Publisher": "SEC",
   "Section": "462",
   "Subsection": "d",
   "role": "http://www.xbrl.org/2003/role/presentationRef"
  },
  "r83": {
   "Name": "Securities Act",
   "Number": "230",
   "Publisher": "SEC",
   "Section": "462",
   "Subsection": "e",
   "role": "http://www.xbrl.org/2003/role/presentationRef"
  },
  "r84": {
   "Name": "Securities Act",
   "Number": "230",
   "Publisher": "SEC",
   "Section": "486",
   "Subsection": "a",
   "role": "http://www.xbrl.org/2003/role/presentationRef"
  },
  "r85": {
   "Name": "Securities Act",
   "Number": "230",
   "Publisher": "SEC",
   "Section": "486",
   "Subsection": "b",
   "role": "http://www.xbrl.org/2003/role/presentationRef"
  },
  "r86": {
   "Name": "Securities Act",
   "Number": "7A",
   "Publisher": "SEC",
   "Section": "B",
   "Subsection": "2",
   "role": "http://www.xbrl.org/2003/role/presentationRef"
  },
  "r87": {
   "Name": "Securities Act",
   "Publisher": "SEC",
   "Section": "8",
   "Subsection": "c",
   "role": "http://www.xbrl.org/2003/role/presentationRef"
  },
  "r9": {
   "Name": "Form N-2",
   "Paragraph": "a",
   "Publisher": "SEC",
   "Section": "Item 10",
   "Subparagraph": "2",
   "Subsection": "1",
   "role": "http://www.xbrl.org/2003/role/presentationRef"
  }
 },
 "version": "2.2"
}
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>ZIP
<SEQUENCE>14
<FILENAME>0001193125-23-081507-xbrl.zip
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
begin 644 0001193125-23-081507-xbrl.zip
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M.DL@S99C0Q#K.6AN/2=R-8VJ P4!YCV(M ,N!:BNT =3&X "<SR(>T!?ZV'
M*'"V&]&-><']%/1]DM4Q+:(!12//"GPK8&"$3-#4U#"=R#)MU_$V.HFWX>9[
M(*OK@.T)@76UR/(=BX(%]D"*B>XRRS$U1W,.9G?OPUMR*-$U@QD8Q&J^IA-P
M%R/'\(. $,(HB<+-(=WVK8?[2%L[D<<H#2P PS1\#V03&!4"5=TF7DAUSS.<
MC1LJM_$F[E$T716H&8213QD+?4UU--_VC C]7]6@FN7I;".S[I+^O7MB>J;+
MJ&V!U^O!/XP&\)'KXCZ2XX; I)@H'2I'>(_$)*86VI8>^@982S]DE/F!2G0(
MW2)3LZ+0L(R-N?S;;#3=*]@A"1S#\[W  O\X F-J:";N1.DJ,;T0W.2#V='[
M\!.(K05V8(!60HI25U5]6S-#I*T;TD"E5K"1F_>![UZ5$7%U\/49.+S4U7U;
M!8DEENGZP+D>U>$W4%:'VJRY5_>>,,MS;; S5'<L']2L[I, '$'7]4Q3U:TP
M#&Z9<+B/@)RP4 TU'6R)'H$M<1@%A]YS?96$()U!R )RNYJ$>Y&^P*81J%(-
MR 2P4*:;$(L&S#=,SV&!IT'XO3$4VV\'\1[@\RQ;LVS7]W _ C2 Z0<6^$%>
MI((1)1!ZZC?;S]Z;!6\%!9")4=6!X DTOQ?IQ/=TC_D6"4R=  S@YAQN^_,>
MJ!2$)F-@R]70<GU0$J9//1KZE@:6SS2TD$8'JZJXC_16J(= +G 6M<A4?=<D
MQ"<&A(@F !<PA]JNOM$/O4V>YQZ@M4+3,2+;MU'_DY ZH%,LRP>WE:D07]E>
MM#$@WJXI[V-3$[2\9IF@)#4+;!G0T?6-P-1\TW$I"P,C"#<GK?;;]+I[^*C)
M'--2F>\PV_"=P 4@ 6"?J)%A61$ OUG'W#RJN ]K3B%2@O /?!3PK[&ZU((P
MGX"WPJ+(-@R'N)9V6Q_E'ETP"/4]B)+ E<;B66I'8"M4"PNZ& 033N!%VD9B
M;@?O/G(S#"3#89;AVR8+?-6"WYAE0QRL.I83.8;!K($R;?=*3 ;@FL2E?F1X
MAF]Y$ L"Z*:O,I=::F09CGG++,9]Z!L&X1 A8/.M*(A\"&M!%E4';#YU(4I2
M]<@-#A77WHL59."EA4&D^2I5=5^C#O-=ZA@^ <@T%Q@Y"C>6K-VFY.<>F352
M;<T)/7"S*5 4 @CFJR8X7>A_&QXQJ*L=+)R_U[V[2--<!Z(DWPA5<'54B.0=
MW& / CT(;=TVU<V5LK?9S;E/L%G@V 8)?.)1T[=# @Z1QDQ?=XAC !(T:FXT
MG!L"JOLH$(Y8: 8 #S@\X)E3S6"^%[A84!!J&D2_VI:-Y_TJ$.]8"QE@(R.-
MN<3&L@'7YUBVB&-CX&&QD.FA'75R3A\7AQ8EC-?_SA)Z(=?1!NDM[Q5E&9HO
M3@F+:U; N"4(IF_HU-&T(#QU#4<[981$IXX5LE/"S(!@?C!PG2T@G%7E-,OC
M?[)# (+G\>!5ZNX@?:AF+(_#SDM?LXA42?E*?%2OG[+XY1FP T66>).0R8E
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M'XB,.GN0UCT\:9]D]%$0<J]-^^.AZ .147</TGJ')^V3C#X&0NYW%NAX*/I
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MF\PD+O4CPS. *PW/MRP#0& NM=3(,ASS@/SI^,33;%.U@)# ';YE.Q&H:N:
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MN$QX,;RV5, $PKNO2$YAB9P$P&(1L ^V[1)KG)*"KWN>E<C&P%Y GJPJY84
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M(4EY I 7\V,65NPV]M0" '(X;D"D,4:M[<-@$=!:Y2>5SEH+^$;JD7B16N\
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M@:MP5Q\(D;-O,5S?W@?/Q/:AP#FJ3J+,Q(DGK&GGD2OWS5NPY#7,9%TYQ'+
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M]5@1(KS\>M)",\JZGELM&]+R73: /J\*W,/LDZMFBL"Q8J*HYBC_=6M67E(
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M3F0$/@L,52.FR@+36'*[-SKH^%V<5HR>E7N\P==.[NYDMG>[P@IS90/?[-O
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M,PQ'4KF@!F-J0N5ZN/E$5HPS^5?!8W+U$U^I.UPJ];XUV!B_W1B];<]^5O(
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M*I.<,@\M+;3&+8B_BWD]L,-(,U79H-<<2>YQ(.G=@(7_:;C7'PZL5B.]=Y$
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M1">HPG/%*=@2^5];!9#1'C\^$@ORGQ2[X//2 +:E..[-/G%OOCZZ<O#?^QS
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MCUNV!X':Y\NKL_<GAZ<][_#]IY-3O&R'5V<7/0_^>WKY 3,KOV.! /,KIG0
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MU&GD)]3(*Q62C>%;")I3N$[8/)E45-.B2/V9R"BEL#%Z:YHA7%4Y$ F3AL'
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MJZIX;G0C!T3;BR3C6H$?%8&."!9BJ9NE LL]=KAK0S>Q<Y6#Y\Y@L8@8%),
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M0BL&<IP[[29D,D9J/UVU+#WE#=.WN;(]%FPU.MA8 \8RN?#JV1'.*;(GZJJ
MN#6B/H]4GI6:A'A0<*E7;F:>3**CYSS8013.J5\$V0/KZT^I@CV647*S:1G)
M:2K@3FTPO46DZ.Y5G:^D&L<Y,6<!G)>AC#2I&*9UU)K^7<1?]*OC) XR0Z%(
M5!5EXS@FW@O5CT0IH91(+G--B\T13LD4(K"),7<WQ0S+6M!EL@;"4HDO+5*X
M+N%"1'SO;(V2+Q=\R>HG+]2 *RYGR%9TC%8<LN>-"^Z0P%D"NH)T>1[H8[[0
MN*YS,#L'\W&T0;N_/H,+.=PU.)_I FOEDC7[ ^%J7BYJ<'<?N_OHTGW\F(@X
M4_UQ0E<B$7^!X.\WRFJC"GTHYI$!'Q ::,$?TH7&+\AZVHG+,#\,WQK*V%7N
ML%&E+(FA6]-ZR_#6>%KZ_?BC(M9_H_>SGTH!LKORP'5A_$IC1<8;1:%D;S%B
MB2).[T5+<QSHG.E@N-/ZG=;OM/YWU/J7JFW$$ !)S^[,M]0^W&SNOA$1'P]N
M?)O/94JL0?,DS:<X-$E=U2XKM4I7!79@;7IXQ&50Z;>@;D]0> +[U@+.:"9C
M6(*RF+K=:Q-.ZI?7(8Z'JNLN8NYT=:>K'ZVK5W'"-#JT;Q<@NBOZ$L]*=T5_
MC"OZ2?[]MXBID9OX W6EQKJ?^)/NCK[ P]+=T1_CCAXE,0F?D%!*V,R',B&-
M'LV$U!I08'<S.Q3 )^XZ4G!EQ]SW8E60T=X=H6\*UNX(D:#/%C2J<,D#_<N7
MT)WD6@ANL"-8Z%F>^%^RGJE@1Z$8\U0[L]>6_0#P)N*HI3$@'$C$A*R5GU9M
M2Z[*HY*A4FGE=0?3M%T9#&F[G9W %JXI5X]D7R*'T\K]J-21XJR$%,)*$T)E
MB:/0]PXSJO,0[3/(<NWE5J@<RY[[_2$E(++%V2#GBRBA@6ZU4)0(<NU@XG,#
MR7G@#V_AFK%^\PGI?E'F^4#-N(LJW4#BAM/M/ J$@$^Y62N-R@2*'GS]<1$T
M:Y0X/+&*;""H)W'@)^_I=?M64:^T>KK%JO(3M$&$;5H[,<[*Q-R-,%-WAUL0
MIS*65 ;5T+Y3$<)9H6.EE@S:9QX6<T(I$=Y<8OD3KUT\<YHTO@(KCPUYFM:C
M-GS8A/+:H9@^"XKIZ$=!,=WJ4$R?$L5T.-Q]J41H75S?9=R>-*JWN@ ^J"Z
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M&>EIRE N%]+IAJNZCWXK+IV51>HUF'5MK5R5QBTJY>XCPDN_32NY#>S(N<,
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MF+.-U)K%=& *I(+B;35<)S%]CR5AEVP$AILU8S+RSP0NR9''>#M43.NKF(X
M#4%'I@MK?+R[!$?#$MRJ[/;\Y$BH!:D^9*QYTU(S0+1[#\V5]?VJ![(7><>]
MB6]?KI\M>Q-+ZOJ@4M>;66??BN0@T[^^"PO$/^ 4Y4>&7K[UNGY?EI*6)CL"
M!XU4?;7Z*BP)$"<#/CGE@"1>?GQHW%_P&QGRX*-%[J+LJB9W\XAW$5F15K,(
M+#9'J)K'/F#<,D1+) &_&7KJ>*-UWO[T[W<_7#Q]O<)F#04UAN5T",$9.J\/
MK=8D\"&WPU&Z4CL(V&V-(=M4F1GZ?1-ALUJ[&R"VH[H#:WW4AOI[CKVX%A@!
MJEV46W".BN5&MV6'2M^4"S>U[4U[(@'PW/<RX^JS@.(@IPT>Y&"#;VR'3JI0
MW$I%H'5-!2O^*5I-$NS0-KO6'(0\%AZS!)]/SN4,@1GCR/%TH$V<NL,#T"C
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M1'=\>H>TVB1PP\0W:>B2YGRB%#-57%G/8/A$ A@7E@@%KM4^Z%?#D6 @7^5
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M88:8?FP:A,,1&K4U=>?DI. 4U!8A0RC=AE?,8/>1X$..KUHSM4)TX$<53G(
M-MB6=5Z&5<5X:](I<R'M>84G*5;'UFH4UX_U"2M!3[.\PO_M9!*'<#B1C3*X
M7L6R\+Z^N10TXH.1!G+$TB,<)2YY8!2ZM$=<L,YMZ#M1Z=/UW(YLKN&K#"KK
MG Q"1]2;JI=ICJ9#RI76TC0?_*MO3Z-A*ALIG\LE\?M#\;&)K>(.C^(+%+RJ
M&_2,@\[*-030']<H0L?MZ##TCB_.:@05T6H7TB84YW+F/MVDT.>75WDUGPX+
M_EKBA5)K$P]4%@A,I"@VX?0])/2]V^GD=,4#TXW>]M*8T&EV/^;O;_[-;>K
ME47DC#0+000S!_0?(@5JVFR4LZ?5-EYTV\4/O"WL4'C)X8PJG0_HL1C=.R+
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M$J9YU8)8(F-Z2$2F%D%'NF7@BMRB>"0M%Z:P6T.;7:WC&$37(F-:K5:1)O7
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M<42R02/DD#;BFB/];L?^;W::ST?0ML3G,6[9$/T#I-#;"G. &I,EN O[9B#
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MGKCNO5M:^_+%^LDW2UJ[I+4/-:U-0%U\?1PY]CENZ7G7$9)@W<[#)>]GXFY
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MV:/R,<_S")]3Z1T IQ :/Z+!3<(@J'ULL,O(@JOIT.\,\N0[,!!82'-GM3O
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M C&?+/;36JT2XHMC7:4H(Q>D*%NX(-6)T1Z>N=BY77>VX%?"F1IOINAM*H>
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MZT[H&%@U72&(+##@[V[@NBIZ'2 G>3WB4=-&(S@9(HS5(AIZ!LCVQ=##%KB
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M*/BKBF[-9P8X/+PRWNDGEG?)PI4,B5Q%U)[UZ[M&RE^9.:<H<J-5+S?;X^>
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M<?B)+KN& @>>1![U(]K;+/*/* HLC!UAMKPL*E[%BG&NJ<'98LP^AO<(+WS
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M85A9)0.QIEVW#-3EKL]2E2H==L(;7;85FU]RF:/ 3"<8Z;?S:":7].A<DDL
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M5G/8RRQ-,XU3L60JEO3=!G<QK!(B>4:R5N)$O(.SXTC3?2%A0:EB%XHZ.TX
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M[]@AD:'6B&=X?S!+L\:PLCT8?%K\3P]ZQ^6_W%XAFS6T !9J]$(JMDH?JS6
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MWV:+U2*,-C6Y- "M5O5@8C^4.ZJK):C%2E1EZ!5=0;^:>XY=NX3^+.VNC[2
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MJJ[1IFB\O5V>@ W9SD3(0@!@,^YRSQ*$"?P/J/VNUX"2I*!O2.G_ZSIE5&!
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M6J/:F-K&E'++!Z/C"#G+($OMRO GVM5P [.>5,8.;J71FF6X06 -UJVB'VQ
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M!M$U@G,K:+MI[/^>'%'!$0L9YWVW7H.TD=[V4QC#W?&:?E2S#C$C=_-K=B,
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MP\E-S_[+Z[:9]SKFXS$PP>0#+O4!0E3SS1WYUU_H;K\SS,J=^8:;X%6^->\
M1W!X8T?P8GYP*[S)6&G_^'KPA4?L"#X(&X(4*[\Y?W#R14* ._,&U]QNC\8A
M["T#G!Q=[26NWV0ZZ.VP*P'M?KQBY(:P:QT,50[&-UZ/]9B&W:(]1UT[U-R=
M'IO6&)N:&*SM:._IZ0^4[!^RN&:YWWW>X?REM-/O^L;P4*6KYD(NG6+0%OC1
M_'AG(?_HFC9?;0/+O[(;\:X7\VXU&-@&M[EJ4.9-"*P6U0#1 B!/PY2:5>V$
M21E ?U'G+6N;#D#9'H2MJM\!M_<=+VA5U>T9B\^G]#O)I7'STH,4W30 F7C-
M=+/5U6BE/<-N^[;^Z'S1[GNO>7A.YJ\.'\[A.7I AP>3+&^R\[RAQ.0LQ> /
MLXGRS,S"G*7%JC\D0SM?AS &JJ4[D\B6&H)1T4R+[/B0L;7MEFWNZQ2%0Z!-
MMSS;\X4"\9 SYCVHC6C(8!BJU!D-7J'_QI86(=^WRGL;-6FA&96O0<PA/+GV
MV8%X:M<+N*>ICL"^NAHA2-6GC7GI$MQ>'?@?-G:NEIP/OW%U;RO;F617G5.[
M*-EVM$P&\_5YQ?JHRP'WK=X*[/!I=;P7W+.<)V]XJ?>V#>DW8HJLX>FR:WWU
M)OB^X2:^9+_)E516+2215+4N'/F_XS759EEU&VE)0C_$3YQ_X"$UWGW"Y+T[
ML,]C@7@02O&\JH1AI,A7[LGM724=PWM;DZ. @9,;V3O]9['W2XJJ'3FXDD67
M$@C$Y:75]\4;OZ_2.KO'H\2,-*;/7/.5K__7#RAV/GY U__?JTZ.Y 9R:G7U
M49 YELXP7_%DJ<PQ2D3L.'WX7@5;.;UB2%9^9L37IIY.J@Z!L?>T\97DH4<7
MOA^9>SD=]G0R/O]D[""*[OID#)+Y>SL6W_/8.&A.'9MI:5I+7QID94-X5Y)U
MM1U6WF(@6'1!PJGRR1/?V7Y[\8 \L<M"R!,+K],[[ZYLW)ZB<3S#2WCW649A
M>%H*\]-:9")*6UFNH19J_MF)\/TA??4_CU)9WY<[UJ.3I?2F1'!LF45\8G@J
M,Y!2IL3+X'907@70(P.5S<03YP&+ Q_'JFN9X@"'[">GN?Q7H[_J_H*JHY/Y
MR;CU^@N;)^]6>[[9NJJ1M-'7NNZ'8?%=@WST'BDFUCV 8:/&MZ0&R1F=&E-/
M7NO.O-;+!^2UWHF6$RH-?> :UX^JNF9VF68?D>22[LZ\16JT2I>B]I3VE+-J
M(P+:D):O*2IM[NT4N-_;S/JL,;TO?(7[V>60&927N UD$!OWY +N>"V7FC5,
M8Z5,GK>BILR/2VL^?WI]D-"O+.BTS<D9#9<UZUGBGI;Q_>WVSP59.OG3\>OY
M"[N2F2Z8=A/M53R+#,%<77WB.CI=4L?SPS]_R2+7P-W+_N$*549?B.7!4R7&
MF8TQ%+5^<XT>%K^K[VM)X3YP=MUS/%PHTC?ZT<OYZ^M=K;(1[VDE_?V]\UVD
M7#>RJOV[Z?HQPX?[N]Y1-V6VH)UO'BJEXQM"0BU@) K2Y13Q9U6+=D4ZF&]A
MS0<GAL+[+KO74AU_5TC$FZS9N[*@!39"3R86UQ*S%KNKE;_%*,*64Q-HI]WQ
M*L3=*B!4P*!CE^CEAWJ7E("K.>?,$,4B<?1=0@66>ZBXU%E?(*6@;UR,[OI.
MZ-("O[[GC@]6B%?0<G+5I::EK/O"RG=>K]=G@.1IGVC'%/9^?MC[Z@&%O0[,
MS4?N)POFMF.G##!P0:1OTZ?::K(M#RO<N,J;)?DA%(QF](Q7K 6K3MDAQ>]I
MOU_";X)V:*G7 //9J=A/<#$LF?8^[Q>^UKAQH'M4@ON.-90,QVA^F??FCQQ1
M(IHY'&B[[ZH>*;PYN*5F.W#S>_E.X]L91_;./<M$,+S7[)<0#!\^%H+AHP>C
M%O1YYR3"N_+U0VFD]"<>^%[TUV%0UFW/0*7KX"K!91)>&M]8,^50L;4/9-.=
M/+V$AB&V" WIG:#LE1*$(YI?-P9X#=I:/WJ(E$0!R&PEI44M#% :RFP$,&J3
M7)N5,>1C7&5ZY5+1>PIP4(TO8'BE07:_SP%0@.1:IIWBP_P+KO-.C3T%NX*W
M5\Y@]QU^]E"&D)^J^"%(A<(D5T3<MK('![-+#>W\RKW3C_?B9XLKSED$U<:A
MO'&L# ?7-8LM##P654<?DNX-!4?5  XN(7NZ6POPSP:\+3\*N?IM&/V_X K&
M*/W?X 3K.:&-2(_%G*/2__['MT"K=8444:2XZ;G_=>%)7A0= ]I,$_H[3ZVN
M3<$-H]N2-/G3X8R^_?V=*G<@Z*3T8!:HA3?=&E_^R>%3"_49G:I2D _\"T_
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M?:ST&S^(C0T''LXZNE6-K6//MI*['L$O->@0B\6S8C32N,.I"_<0H ![IC>
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M%<E\'T/N,6<QI1Z+51 RS\\DI2G&?9.C"CLS([;VDWGJ#6(W/%]YW\VC?+C
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M@.,IB&R0"D8SS_/B+*)1R(\$P(\J"T\1?I^"WSRFP&X5,"%CRD(W!J8'?LS
MU4HDA=]<N3._;73[#%#Y Z95VNCVY87^L&DK/+X:R%0:A1Y/&4^DST+!8T:(
M I02\<AS_9A(GY@"6$KHC^<6>WEF6/A$L+>]L>RHDB9CP8.$>DQR7S!8:,#
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M)0EXTI[DS!4NP%.5N<R-PS3CW(T\5]H@Z=/A=YH*7RE.@=6!CI7@O8-2L(
MA/4](F1VC':FY+ 8*=&:S^+5OJ__.CH#GA=FO11X&C%"4\&Y'[$PBT*F2!JR
MP)68,N5$^:$$59^LO>[H-/#4&U#?&[C^,2?3'U^V+40]T?S/2&:1ERF<_ZF8
MD"ID-(KP\B,9Q;$O@HR[QX.HQS="SPRF'CMM'W',W@0LX$(B+,U8+)*4<3^,
M0(TEF1\<:[#3T5G_%%'IT0%H*)4$-X,*/V1)1CE+:** VZE/N>M3N?O<+@-
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MT?#@3@!5B]SX.^BR ]EZVA'P1^5C]*#1MZAS!JB\QM,<O6F-/3"FT5)9&RW
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MS<<&W6 :;",MRK%RL+ZGQ!W4"403^_W<'_*K^$BM.GZ=;W=>UED5'6V9&$6
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M4BD9323%"SICQM-4!6X"VB-;3GZ1DT1KW/T'.UJQO BQW!B2"9C'P1I)D+)
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M56JK9>PMP \CCBJ#CT];-_TK+W/40EC(/.E1K]<XP,#"UF V[ET#=;)"P%I
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M0\=&)6J8"H\2J,ZQ@\+7H941="/&<S%=.=MX=IOL!NQ.@73IX'E=FV?2^8]
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MJMO"1JK21:B8F9T.YAV'+6-,KK?I)=!5"9@"?EESZU6/=0*ZYVEA1QITK3)
M&)N[!,)JG+_XE][U^-Y=262?Z5X1.1L]KD-'QL=<JN'3OF3' 5L%.LBN3<=G
MT)01]Q@NQJIF' E7ZJY1]%@:3#DVYZOJ'![M6J.S6)LMW2L!SQ@?.:4<VQCO
MPX[>WJ7>9+G6^R@QWL7IB?T%> /WA\8PFT$;]?$#.+714&LL;L(]6%C605W+
M+'G\7(<]!P\\!WL7/Y+EZL=+RW5XFX^"<0?6S6-;:B^%8Z$!Q_JW@D/X%<U<
M[PZ%SL]4#>XWJ\>^_<65?57@7@.&LZ?VXD_MWN5]9+F^[]).+=U\:G<(82[&
MW>9A<UVEV4;OFRK-LK=F)8-_=7L;AKDT7OQKK,,7GZ88E?@1EV3/Z:6?T[TK
M%VDOE8NG0IED\R%]8*3^$O+Q=.]2,+I<"K:+&Q\_<CBV,V6[,_*M#90O,+SQ
M]$U> -,<&"C"@1S(]3DTT5&!J7['-3!H;&)JJ7(JV*".U.JH8%_:6 \^ J?<
M%&EVIHAC(\D4EZ]C77S<)AUTC[_)>F!7PN* K;I2H>_P$=U_2.?#IW0^NMQ5
MJB6L%I?.U,3T3O/DYX*7>C[-9PSR*T3@)E5?OU&W*H_K1#B.^G^_1GS;[S"?
M&?298NH,;ZN;W_4$<U-?6.&! #U639W0=22_J^HUHEN!#5LE2B:B'IRZ"^3(
M,+24WT[,3)ZV+TL/XM![Z5T>]ZY+HOO4)3VF/,XOB>AD9;LS0'0%',C;Q[+0
MR<J9N4R"M^.FM8);5(*U&&NIJ'O.1Q)?*I7NPT21[TD2U7>A%$9->:4G".HJ
M/IST9$*;IJD@&V'12+W5=:K_(>7MATG:WD5:=)\BK5-)FGD-G_;:P<Q=+M9+
MWUM3*_!?IE:@)Y'HS'#ME#"LUB(XBTVFZ\L0FGH!-;P>#E;?WE=.2 ^*_YES
M#\_6[T4AYY-]WK>3:#^I\JN^8P2@Z;#-S"Z\NTG'#NK9\S___/,5/O(3CLI%
MH_.__Y<7_^A\+(IYP<"?'".FE9FRT#[VDW[GQS:_"XK\UWPJ;OHB0;.*YOOU
MEW6_W8SFXRG6<!C6X4@_$T(RS;VZF:Y4H@ DAK55%?*],LV,)3=AX?*:C^OA
M7OC4@9-GSFRL'SB8-^3.&6U'%!QW1$&\=43!^4PJ6 DZ/'1>@?^X\PH>/)Q@
MS8B#@^<5T+W+?^ANY3\GF%A08YUN50N.%E)UALFH)#4?O'9OH5MM84SMV,.*
MTOJJD5NL=3-%;DW%FR[D?5B=VR$%:7U7.:Z9FE"9GJYVLGQ38:%G'=Q-3.!G
M-1H$'S)5@-,UZ,/\JLM+YF61?04%.M66QNJO"%NW6O<W/7AS^?7&4YT/] &Q
MK&:54!-3\(OU3<W( )S^H$?F@F?:V[; )QGE7]2H+M:!9W<F9>'8"%1'QO.H
M%%;38"=]7I6S23.-4GL$>K;$XFB.]DX#?;T0QTF).$5:CP-#,2YZO7"H'8&W
MM*J%F8T#O'%@A0)WYC,K?*C)4&]C<;1E4V+8]"3WFRY8W18*SM(A-P5/74V@
M7<=Z-D;3I%BW4.-H!#U-(\,+'?".G'4L[=V/V[L BNXUE]D[ATI6D#\L",)[
MO?+:.,$!F^  2#V:>3Y9#RO#G0]_?OKSC^;"LH4)E2"F6M]4;1V5F15GA)+W
MID*:!>JCM6%(8*GT]*&F$+*SJT;M;-P7=OZV>ULSY::WFU#N6FMLSD$]_ .A
MPSH"J^4QV7-#IW<ZJ,?#8G2.3SM6K26%T2\8Y2Y&LM=!@KH;4_MJ R-6=[J7
M!HZ $<"%90$VJT>DULZC[CC2NO3_W:B5B13S<N1\6H.XO!FWKPNUZ^+K'I7C
M2B2J&T==KL8#ILW$2G\;+'FTWH1S'+6$Y>;U1*T-Y7Y]QH@[$&A<SZ?IE$YN
M7'KOZGOO(CJZU\#4QU3?)I#2'H5!.P5Y,:P$^JP.\0PTOF]*@"H39*K'(+2S
M;NL#ME&?Z#ZVWL:/M>UQPS9:U2H%'0:JE31N!$T63T%1S7 W==RK.ZZ]636F
M7 "9F N5S:"X"9B'>3+"/+.WB:F-.EO2RO/=SC<K"[TMA=@1F52?;#TJNKTB
M- <S+?.V&[2%E4L"H<]HAK/=^^MIO^5?3.( AU+HE(X^_,T<C8:%.GVPXB[6
M%Z:9?L]<S\BO%5CCI*1JBED&S"T5967*E#$;P.M.WWI<4'_.I&&<:2^8=[Z8
MC2QA(\"YU5Q FTE>W3LN\OFH=31V&*>^,:.Q8>/9"&^PU>F7&BLC#7I+KN15
MO9_:HYC[$>!?Y4N^A*%WYTB6G?%.NE=AUAT<.,";>6[,33;U)VI^SBJ5S7"2
M>V\;,P>G&4I8\:PNVE^(1<P=E'H6NS&8=RO'K^->&F].3X9I?)\%=?6FV7)_
M>*E2R_34,I3K5F@!4J5*/#N=(8M&Q<W'4G9B(:LH5O>R:3S2F;0/Y[JE1J\[
M6_+:MWBTZUW/E8!3)]2TX1@;WT>3I.I1)NNLPP9$-%B%BLV^=QE]H/D%DF!N
MO&CO1R@V3FGK*[18J_SYE6RHJK\U[H3&$NCK?VO@^C+QRZ7.^MZ1XL7AO8\C
M'2W1(624C3<3Y';^W7G3 (Q/;][KTZ^%(1^;B]:1,J6Z!FR$6G$1&^(YZ>3_
M]&L=!+@P-Z/G>WAVXO@F=M%U[(K6<*NOM)A^[8#[EC__YSOGU[\^_%)SX9,S
MOX!Y^:KE!XEL<!X!IL/&N:!H@_T"_8DOU/5Z^7+3Y'+[VKD>[5U+*E82$2>M
MJE@S16<U,[++E)J^[]98/_SF8>-GNN-EZJ$]6JYP9YALU:TU^##SE+XZO)N"
M#+."W_"[YF4>]1\KS G@1 $U;A)WVY8Z?Z;^V&_PL>4'SX<-M#FPYHGXI]FX
M^5=OC0>X4)U>--<WX;>B).ET:POI<%/5*YSO,1H9/3&Z:ZFRM"4[3&AAF)#N
M0.GK<K;Y@*D-DZ .G#ETSW"@ON#L3@T[_0P'ZDUC;ILY=+3A0!OG /594;>F
MKN]1YP#UY2D?7G;QQ$#2Q@YQ,Y+!S-YXB[,W_C#31#[5@T%.#:8V+K3/M.@Q
MI_3L,4ZG+X_Q&%-Z#ABGTY<B.WQ*SX'C=/I*@!QG2L^!XW1ZO8EE>4J/N49W
MB>*.'LR-XFF,D;D7!*!ZDPC1-^P:B:L_"N?O-I_=5J8)XE9Q,Z"XGO/?UYYD
M#DO.TYFA*M@/7M>%K40J:VG\U,EM:_4P3V]C5'I1$($N\ \3HZHU2!N@'I@D
M<AW_[,^*ID!ZO'1)TWJMNDL5HIC*++/V+&%KYOH';AP&7'8GB]B(8=,&U6V>
MJ>/UN/,K>/&JOKV[MSK/>BF-^_?'Y[?-:XV7-'3^TA.#&N';-C*H;>&J5M5*
MHU!;*>]KG%N9PQ+A ROA(?7=9!XQMH9'RTR>:+;^[O.O\]EU!L4UN>YFPC:*
M]E8@T?-HM[46J&BNX,4-K(1&;4O"'BT)R7-I20B>QA6*#W1.SLLS^5.!A?BH
M+^P A?)&7X/[MAG$<VKOXV$CZSIQC?[B8880!OD5W\9Z3!Y6P>'U>1EP>]!<
M&H@34@'WH+&M8;DV5+5Z+Y',DX;,IOQLT$9&ZX(H_2:%76*J32Z/^716PLL]
M[1 <\&)6(A2=38IQ<YTEYCD[:VELU%99F1MLTW*^]<T-B%Z3#-EYI$K2TTB5
M<YF?<L@(DV"744,Q[6N*R9S/:HQ!Y/G-I]_ EZAN\LE@X0;K05-<A7D2<R=I
M$ZI%1U\[6?4 /1.>QD">G"'\-P'QO_5W+V<W]+YP*'3E%)_631NFH'2._HQ2
M,SO7Y[OSV5>+L]#FS^R$!_6XY=YS.'^^>_^Y/;EK)R>==DR2/=.7=:8Q-( Q
MFL9*S<T)-S>#Y@)V@05?'!SJ=%;!/JNJS3JL>2(<I *=VQXC\>TJ&E,EELV2
M2=8VQ;O=A*WQ=3KK[>RI,>-%;F(^UQSOXIV,ZLQ*GS>;&%!B5.EU84*DS31#
M#!84L\JY50 #]14F2ID%YJ4V^6KAXX:E;=GU "MU$)[5[\$DWXVZQ1[V_K+F
MHD 5ST<@.&.3MFA6U9$N-?Z*&VCOUFK6"U3_ICMG*J?)7;;(S#!BSF_]',"5
MDSZOGH&_S+ C!ESX\H$N\JX*]B$S.9(3#;/>U0/Y"%3!60G6"]G-"VGJD^!
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MLABK;WYD&CQ-<455(V42]7:AI]+=$1W%36VDU]X-H>_K]J@J3<S[];*D$:]
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MI4NDMA//%-9!<HAC :D!ETA:\2E H:D^1K3\2;#+W*(:;W@\(L$;RU!"CO-
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M16"XL$L/&=MP-K)*PE+L$:'$QTP];X?OC@8(0B8JZG<H>'ED*13*W5D.;?1
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MM5$>&9&F5C^(,=>U;83!)R/)H0KO.VYZ(L =6&5ZRE6+QJ!#AJ?YVR,F"6C
MUK#&(^.PX2]F@U^:T_4(S?[VZP*].A8C$$)I,&S,H C_AC@%_]<1Y;,Q9-<"
MQ@PAY]RBPI$7 3NFU!&BL$2!*BODHF>J.GMIU7R0\R)6_+&2*L89PB2@UT,<
ML+=G@55V5X6_=V2RZLYL*?>)#3&CE<9TPS@L,--.8M _G59X)3"K'A/:#0R'
MC'%&K2/$_)UF<'&F8WTQAS;9)^8&0\!J-BOC]5WQM]:$.!AX7+=MUJPK9EOL
M6[NL#BOW(Y5AH@5=BJ8/SA!I.9JLD:>X[C5 ,,(;.2]Q_L?A-D2V5@1^FT(+
M+WC_D^.UG+MAC4>)=IWR3=I('D!4^C"*H0?E#==.R<U;TNY%)Q4L.$0U68+$
M!J-V*2T4$H*ZCXE*#3EP4.IL/J\Y1*%N#*;3(WK\OM39JK/6%3$T<D0)^QWE
M\A&8D-@RXU=V.0S @YYFPE<Z. 9M!-'.>J)U8A6T&3$EZX#&_B77V@\9S1WU
MQ+M+'$EC1RG3G"UL?YV0S? (D?8)7A6(!=CMC XU#0'W0,^4QB4^N.&6A>8R
MKU+J3[S1GGZ7@4+0:4I:JZ.,Z!RUZRA@/DA4VP;O\TMJ1,TI/G*)CU+E)X5J
M@?9"Q#+TBAWFF+7G),A.8KKLHPH&P#U7TU5XZ)K6ZT2T? 8OA5ATZ*P'U"'=
M7#%8XIZ?M<54(;-;^3-:%V((D5X06/:\9G)?'+*0A\"+>[YAO,7BQR#2X4"4
M0G%]5K17.^#<94Z!>3[/+I@#82N701)W*-*Z>&]#^",>1][&[Y>_6,3SUCF&
M[RF2B!;KO.V&+%XUD*TM^3W*G^]]XKS;%PG/I;<2\7^CJ !QO8+%9:G':"$_
M)4U<G<OTTZ(/[SB.YCE<,BFG/#SK^I649?C9C42)V5JC,U:#[P5XHWB)\+RX
M)'IS\ ^IR(W^UHWW#"D&Y6%9A ^/@BF9G#\I;V.9"3NLWMJSY4;.,TPVQNOI
M5*$!S@7.,7\?^AZZO8B*Q2I7-\DGJOAE%RA)(7S'9:7.EQ1-91G)KQD89G1(
MH)A1(?&BOHJKDDM+E&L;$P?5DE.[V L*'@'R[[@8D/2+X *$IT8RRTEV@YE^
M3V=%].K(^%VFO?&-XBU=S=Q?PC@IA*!AWO,KM,E#]O?,!$!<:>HE& ;2/1S:
M*N58'[H>IBS"P_@!ORAB4AZ_=IO:9.AL\8')J:=ID==T<3.U6R!& V>$ZJ/R
M?$DGB=3[P)O A5#,:S1P :H=Y1AI-QEUH%;MLIEB_9/:QHFY%EMV66>5@C3T
MCS6=%YH8F(7:B"SM@/==H7NVH'"=QN;+=7&9TE'+:&#[R!;T*KS=8J:E87#W
M\?J<A&/.Y8]3;Q#_PJYOQ"UYF257.?%V8NZ ED$#A'(&CRH!3QCS5HFOY^*"
MPF+(;2"ZX48C6[V3RE#%4%L,BU?$VY>D'G.#SK;I\A^1'QW::M4Y23-X_,I3
M1W26;E*B "WV-$.8/$7*ADYWC]40H2^*GK"4Y^]E1%)Z@:-6;6O55R6U E37
M!1>,;U^9(AP*F1XK=4I7C?^V:(5Y3M.C66L7+8-.QT2MA+>UN9"Q5RJ88PK#
M,4-+%@1C(!QC=QW["^?R[B0&$RV$33,_O8R Z!<G*J:=M2-?9$G!& ^PY_7'
M?+D,<M/]:1!SSSRY;4R1(9YM(_I;H#*54BAQ^+KFJ)'!]YE'3GU1[@3ELY%A
MVYS"8(UH,N,A^>4(S/QCE=?$<!*>-.5UX?-%:I--'2Z&R=@-*%I!8(=*&'+-
MSY2X(99\4I:R8BE_'?KM"EP4JKB\444>+KA0!@C-M#,#Q%Y:+\M"=2<%/X.?
MN#/ZYR6Q'AJMO)J)^:+9=)9T$DH,63F^@T2:G:5E@F5#7)FKM($W7[MUDON,
M&DA\>K/S?ELGB'6N*%S',10YL?5R7,&,AO.Y:60*3Y"+@'D)<02\E7OQEEX2
M0>&=PE..R>-Q',#'+;SNF_7=E=R3SL#_.'!O\!J?1O#A]KKXYGLSS";-,(??
M2C/,WNXWT@VS7MWEB?L/.N?]$> D*S!]76"<(,#@LKAH$P289=Z-I*?V+0CC
MF'1R*,XUS051X!3=,2ST(!BXCW\:;>T]XP?[4%&MUY*'..)JUFF48)O$Y^R%
M'6#)*&"@1XQ7!<%)1G^Q<P&X$4#(B=JVKD*"-9J"P6"<=ZR1TCI\#X%_^N^Q
M:#=AV(KI</DAT%VUY?V&$*ZGB'!.)9L'#&E,O40&%HY@/(77\G9K:/X4DXUR
MU3$P715UAL6M)F-&>Q3"F(T8Y$B\92N45<WI R_GHDH6HZU\)]L9*Y#V_8=W
MK]^^]S1IL8[<G(2OO;JI" O*L$E.89;DPODG#'22%OE?\-JH3(3GB;5PM_:?
M!=# 598EYG8TJ[36H-A]9]YC'K2GOQBX<:048J<NEO=_CQ6QUF'H$464T) W
M:\]-B'K@K@ZO6A5I:+W+A<@ >T\M,U 6GL0\'+<\.%Q-V7SV5^-B^;6LX(F+
MQ_ 7_DGA<2])X<DC#8D^VW1:0:E]=9( XF^T2]Q0^[L_4@M0/'O->K.2=X7G
MQ/P2/5V*37/5=IH5Y4*RU2MT3"CP=)$7[L6@]U+[(N?EE#X%Z5VQR!;S@%@3
M:PT6S^H>S"JJ+R"?+/Y6./N)9)[VS "&^ Y^GV=ZCX4EJR[@\_\DB*GK3DRN
M90':HJEH-8+VJ?"Z4=K0VX8RDXGP"QD/#,!NYGHGEAZ[758):GYPM]D@S[;W
M$G'H_RRK>3IZD10?!Y>6I ^B4K.0<\.:)K/^]RO&5\9,T(9M>.YM6DN2T@HT
M)3KXIH%/)/2Z\2.B^7BK5(Q%#NU&@P5]1LPFTD[=\F<102"(X28'-OD$SIIQ
M)Y8E&'82[*- A&J<N,%O(F*[$U+V>38>J0(3UO&;:]1J*4R+N3BLL-6RIF&I
MC#$,O&[*-)<JBC1[+$6^PNMX!B4@AC763=3PB6X3@O6P;E'8R"4=HPPW&; 7
M8^6L[NXTE4U3?22?&Q2)S*L2YS >6).0-/BMII(5F 0P%RA?36 XR2OR(P^-
MT]L'V^Q)!L))B]@M'\O T[Z9)5QW8D0*0[N&%\<?INP3R@T);A-9^A?$R%7,
MX!@UA.R?Y?64Y4;@L,G+Y@DK;K1%3O*7\0I!>'AI%R(JIL430 S\"=)78V\.
M+243/&"C\%62SRE9[Q7$_;G*"WQ8QH51>%@BW)UDZ_+9#-5$%"Z0X2NG40&-
M#G@1=#Q\);[T((=ASM6Y%1K+*^\:UR9J/<82 0JE<)+)Y3#DHT2,:]F/[5?:
M5MQ@:NO<3::WM!2LB+C7_8[6OYRKF ].Q#.-P!@8'I$-VGD"UF89"3['WJZ-
M209;F2P)B2.\P4@W8'^6\##\6!,5Q&-,?GGWE= DNX*TS?-Q?5A6H/LW-VU]
MP#Y'0;$VHCD7"L!R8].E"IY'13X+]6KI\8R@.5;*4!D/(J\*^UIYQ;+42T3!
M%Y%2@5#K1T2_=M=+A>!"?X>[4W)28T-Y.?9_!EK&/93=>V'8F%"V=? -'^)%
MD<Y:U%E&.F^81,)^G/2".SE4"Y:P)?WA$Z@7WC]6L"OR+L":FB-FM#7I5;2@
M"!6=Y]A3$RV.'&7X!<1]TCMF.#ZZJAEY=X/TW4XC@O;F_L^OO$CV!U2'2Y@W
M4_ZJOM1+_4C[&M5 _DJNR+NFF]ZC[TFC9DX/B%5=J/K&7Y./7;.JW6-UJE=C
MDRCL%K;BE@;ND&P8C.C[+Y,VP,J'F4%5J"?H&@UDO6*.G;RRJK<S/TSNC2+?
M72@3QW]2B@(P]27>QDHPT;F*>VL9S:IK?,&/UWTLY+.!.VU*TM$EYFI0#KLM
M!%'=^'M-VV39$ 8KG;0P Y7K:!*7JHZ9'ZPR(Q_?63YQ#]L";RDJ3%7P P4C
MC,E*G-B.EZ3_6VD*I=P:(,@W?R@IFHP:YG?SS-4 ZX0_A+Y 4@?62K*,8568
M^QM(SFKH91$!01I4(!A)8XJ@'F/L@>/CH^$5'PET5]3P2\6 ND82;%R%;X;8
MQ._B"O_%8&MQBZ.Y@D[.ES8)RD2:-1)*'DUKK#L_6TAJ@R OM"$R+=S5;);'
M]7K+WHXT*CDE=%[T\/ T7VF^'UP\"/31695GW1G]$PT)H@9EM-1R40>W:6=_
M6LR"\RDCMI8R-V..R3[:(BWV_287">XL+B[V;R;>I"M.E4)#ZU:W*C4Y7=I=
MH(%<+-H1;:)(LUG2S@>WH>R63MPRX.>JD:<V86UM&_ZP140J"Y=RI+R"KTCU
M^"B^$M=SO9M)H_*5DB&TM'$%Y9_DC1"@A"U*XO,A3$-")Y#/*B*1(5;&?1(O
M:&3V3*Q?<67:-3>7(5$(V?IAWD"X GXOR_3&A_'H@/_7?QR<_/S6(L>L'"N.
MF8UBQ-8+1V@%<=\$C0:O$Z$#!@ML"\Q<.HG3"W.ZUEV]S+;03CLN2;Q%4V0.
M]3HF5+]2L%B?^N7#)3>@Y<)X(/U"2=5X.Q%,0C!N\E]HB(OD8SSBAY9P;W:1
M/$L<.^I<Q$L&8A2_[W)4Q*8_.2%IXQ\KH!QSU[7ZC+%VGG[O,JLH5XXI7;72
M^!'$\%9=&5:'=0,+%O37))]C*QJLB1NP,,SPV.*!KH1$@[X,%6/G=3#)=K#4
MG+PDO00]$T,NNH#Y:SAX>N%.\?WS>9 )C4B'D$M4!].)>I6D%6Y<=Z26$A=P
M8(4L,<F,FQ]Q49*\NG5-7:]>M$TH+B#)I),YY_U&33!@)C@.UMT('U.0&HZ@
MF+@VJI"&M5<;N6=@,[AH'J_UK%M<X@$)_!(;.\.K.7#HX8GI,:GFC30COG/.
M".^*43!;UD:GT6*1B?/^@B$RIP@&K7/V"Q*D@W*[%9]8VU*1<(J$CKLCMQO4
M'S-.^L8E7>Z(7X>+0XQD-3@XQ-<P#NPZ/[X0A8IWC+8?]VUG3?\F\%JJ*-21
M@5I=9QI;WY#E,FC2^=[@\A -+D??3(/+WM,VN-R[FV6@)^:K;W!YR0UJ[ST!
M*;?_RN]_80Z!QVY[(<-O^*Q-%YUE296'C/1,O;'[%)BIG&%@B(YAS:KGHZ0A
M3 9Q A.GEYAJA=,%M6\''MG1L7";9+S,,R-Z.-_C:)K*:W!_ZLM\V2-L4D[7
M_^,OM%L6HS]K$6'V0LGJO%2#,8!_8CTFTY$$A7<M9B.A!?;NHY?8X4KD-E?N
MM%"OL>=6/<)M2SG,H$-6G0M*U,*K:E0O6<T%[W#!Q+IU(T@TW8\2R']N5NK@
M"S-K;Y9Q"YYGM<LBX.98N?>)-3V[N#&Y8DY=-G-6S\!X"_G?(9@M2;%&WD#-
M%!4CU2*-8@OI+>'SG\$>N:+8A1JXF9&TUNS<6!I*$!> IPS^CX1A%+L1/^82
M%4&6CDDD+XA6 <W*JEDA9$9D11#*$! I0&]H0XM" R7F3<0"(LLUL=B.D84
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MQAO#S;M9.H+QRRB[5IH\X8&=: >5:YFO=MZ/OCZNQ8!%&)Y\9^_I\37XM[%
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M===B8LR_0-?UG8>1G3F\5S27U7R;09?)IJY)@+ 6"G"+,^EX@O"G+C=3=.=
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MA2F^I]S/[0H_),4S$A4>/3_QPA\'S*66@D_Y@@'-!SM[=^EF%T8@A@228'>
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MM7DU;1>X>1V-;*Q, FR='!E,#4K^1K&B! C3PS9KF[;B"$A?RT!,)CR 6X!
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M4H*N/FZWGLD QHZ#RLJ$.I0BP-_8#*0""=$"<A+%W=EEV\S+\J./X!X_:G@
MY[\O8W'G+M3=K\O[/VO(N#LV)Z9=NBG;JE,.D?P?H2;A^52=EUY95CE\<#(W
M3D$7PP,A='0H*<H-L2*F:E,[Y$0^:>_8<?*]Y?&!6AZ/OIF6Q[V_C,#</7JM
MSD_2Y^G1\6YZ?K"_NW^^.SO:.Y^<'N^?@Q7>>WZ2'A\<[!W=UFIUIP]9#2?^
MW4EY/B2*>*^O.G+GM^[=U_H_I5:>G[X'A0[?>54_?Z4VYWS8NS?I TSEP9=
M^Q/">XV:K;25<C2=(P,=H14<M]E"M):=) $[W#UZMX2@F/$#TP'1!OA',K^I
MJ?%$NUL&0UE5S&,L&USNDN_#?!6*W)0#7(3Q!+!IVB#"(7;YAGAL:R)BXDBN
M]AUJ7C]PCKA49>O)FPXL<EHAU!GUMC!*9^;^Z1S_[U*RA'9 K^P*J[&QPK>
M/H*Y)S!E$.AGR>[Q8]-%Q"?]5YM>$*WRZ,SG%+AFU6F)AM$@CW1%%0GN?(LG
M+3", QUW&\-4Q8(V)ZSP+)]G@^&S.U1COR9NNN)W]SP_WP<WY00\DO/C9'?O
M/$E/#L^SHVQZOC?;34YFDZ.3W2R[Y3J^VX>LZ^[!BNJ#7L6;$RGLW8E)X8D,
M_'!/#X&V'O(FOO."?OY";=Z/OG?OAO0OX"86A)V'6ROSL].DT+N:+>6RRN&C
M\OE-3ZPD9_I_ 9=T+P*P3;(O8I'PN0R;Q4&3^8*8(7-&'Y-QU +,C0#: $V\
MCP:X9A-['F*25N72P]$<($(F,38_-JV$Z/' @ZB)'[B4Y8&,5 ,V;E"E);/%
M%ZIHFE&O9LN.UUW*]4GM^-'=UF*>^T]\IKF36TX"LF;EZ$#Q$<?TSK2>(OKI
M:CB,^(<MJ%BGJ/*]1C0N_GUY<GXP.9D>[L&M=3R=3,Z39'\"@5^R>WX*1A)B
ME;W]XZ/GM]R7=_N0U??E*\E3/>B-N3FWQ-Z]R26>^,;4^7O0._/.B_KY2[5Y
MN_+>O?N5G_C.?.52LE3+IL0RW 73CP:$*OGF7_[=8J7.7TQR+P5U'VP6<W47
M5KC"(!!_$ZV!$>(OXB)A&YGF-=A@3RHKA1UWETS*I"*H+_<*P+6G;8V,21G@
MRN=/Z*H R7Q$O_]]NU?O"J#X5B; 9-?#GAYAK29"89VL<= )M"#:Z\:55O&*
MFM<1(>GNFO216,0>#.9&,\BC;@<%+335_5P_@J/25:7H4-+9@)2#:8_H+=G5
M#(5;DNDTFTL[6OA$4T?;P\U>(7I@C*W96*26UC!DCQE+U^<2_9%0BC$6XE@K
MF4GA*ZQI>5T@5F9G]-+7-_ETR]6"&"$"\L. _:I95A^OZI"@/TC@5DE/Q<LX
MN4=17]H_L(+5B6MY""_$O4A>W:9=EL504X9^Y#;+*[.]KJ/RYB^R;#V#SQ1L
M%5S?"8U.>*(D3O&S#ZOS-ZI(4\52!&5A9%@2JX1=D$7;D]$,GDC&7JN9CF<B
M$)8?=&5VNYCX"MA6)('#X;F68M<[[RKN%G!)[4WS["*ON;(4T;8:7+%B SP.
MR&) :;^0^-7 +9EX,+S>+PEO8F]>0LBRV<@1T8@^KV?T":A9W3^PMM=)V,CQ
MI#N'-KA=MZ-A*S[V1:_-LZ[UC7 U6&YT !JWSYSV<D(!9K@[I>>.A&,=JI3<
M(=FN\5$K V 9,O)!"S[V&$M38.)0.HIR)EBBHG)N=</,-!+J,=*PNC@G<1#L
MU52S$B0ZTNA2>*A4_.CY]/QT]VAZFNWNG>]GR>Q\=S\].-^;)8?GR>[1WEZ6
MG.X?[LYNB9[O]B&W99O]>CQH%+TYM]#>O<F%OHR\L]G8#QE.WV^5[[\]'H!'
M:F_SKO>]>[>]/W$<;O26-._'I3<,9]NZUDZ \:BW+2RB"WVJ;0:<8^L@.BAA
M(Y@0V?"'QR39XP?ZZ>% AG?>=QMNV =@:=C;O#=I[][-28]MG4(ZZN%-3!=T
M8*8>>&-UH,A]$VFQQS-2&"I:O'J()2%+:G1#V&OE](\#!.NI"V# L=K_:@L/
M,9[L4%/BV.'BA:I+(18=C_VB+%/%(!"T&X[W98YU'00^L_=>E?_BDDDLIT_T
MLL>N_N&6"@MH+ W\@,#C>YRNC35H$#?\61:I7X&]XQLW4I7^TFS">Z96B&H3
MY#NT@J:7IT_@:H,C-=-@'97C'^U.H*9!*0A[(A/L?*8/=H%N/!;KH'G& 6TD
MY_7_L_>NS8T;:;K@7V',QMFMBF5I1-TUCCT1Y;*[I\ZTVQTNN_NC B22$EP@
MP,9%*OK7;[ZWS#<!4*(@)E7=]H<SIZT2*23R]EZ>BRO+E@^B5*'T.)[TX-K[
M%=OO9.WXP?,]&'B,QX">C," ON9V^H___8'8[M'O4]6(STL4\RG,!MH%_II!
M<AEU1LJ*9#U2,V^4G +Y^?7,7R? L[M/2"(ZOJ6?KW7I'SJQ%_3V;"N[_:%'
M?UL9XQ\]+Q,LGSO$V*#3O=*/>$LJ;S&5ENR?;0LH"R%5,6 C-0B"X#\?_AYH
MPR>;0#2%#"2]=$I9.(JA>,8C9,15 B?+),MK^:K(U*9!,4H,[0*O2;32Q%B(
M HQL\'D[0YV&<0AA?-RBY6^.A3_%IR?1%@T(Z>XUV(8* M*3C^EJL;-'35?B
MHK,CH^VW-]0HQJN*34MAJ]<3F+V3XV]\%HH_F'T#RXS_[=>V^"P_Q13U+>N6
M40, /DKOH3L8N(3AA4D5$!+;X-J,)CG(ZC"DC0++#/'=A@(*V4^5VFX>,+/5
MJ>=H\CZORVF0<JCSM0H/TEA='?"/:($,/E08AHC=IR/NT=G3MMO!HEKU (<?
M?I_I]EU^9K0>'.VN!\;'L6C,/]L$.P1O.'^BH% W%'">J8?:_]Q;=WJX"]&O
MSJD-"Y*4S6Y%+2'2\!1KF@-$)HGW#K>$&/]U3S<15A]CSSHO1]IW"?2+[2AH
MC^?2V8&"\0Y6A']0]?9#U;OXW5#U3OZ=W0EW3H]&YE47>\BK7N#2NQ-C*WH*
M9<]]+PXFT"]U0">2]$M6'1Y\%8D&=C_'P!0^\Z%T0'(0)+FJ^O_4_2ZC0H#\
M8[E;R]O5D'S#9V28@9X@RKQ <-0$I"S4@T(B35]TQ(F-$"+K9ZFC\,T1*\=9
ML*J!7&&@:12*#T)0O(/]X1XKBSOOO)%;]G(/6W8\!^?DV1R<ZZ.+V>LR.U(#
MZ3K"O=0^3Q$M50M[0^MYA'$00NB&HMGE]A@\7GSJ0GLI+4(V4]I+KI!PBU5F
M[-H/#ZJCR8?PX (ZGVCMAZ-QAP2I$9L )(-'11)/>KXR]F"JM'0K=2!ZVJTH
M207?24S8PE1DP4<GKA-V@\00OD4FGXYKI-).T$K%SC:*["?K9!$1KM--Q<7J
M+?=#&GS^&E*C]-UCP^B.0,^2?'>TEBU3==4VJY.EH?55EROS@&@Q4P^/#I(M
M/ZK.G<IX/SO12O@7KU&6PXN7O*]+U- BLSV\4'B^>,$I'._P.G7;C<:"/2Q[
M^%&VR^-+1%,:-K$CX$:3Z/4-32>M[KTJ %LHS-Y:#CXVATY+3.T* Q8*1'IS
M^OE#$$#0>,^WE0 BACDJP074I(MP0NVIC4IB<5=5[ZB$-"17.Y%A4E5 WR!)
M3?AAKF)%&A?^77Y +-9VGW6JPDS<5@G5PL*#8H5E7?*O!HU85(!,.]XD M]W
M-V6\Z?*3 ^_R\/%7'R&TXP>O]A!_C:?6GHSP>K[X.M!)TTG:5B0"ONC*\*'*
MM-1G\8"?&U.@)T6YS-"28DH_OTN@J-\T.;1CZSLX+^_8ANP_<7N(%'6T?NLF
M9/O:[2FR"5E%M6==QI4(TI^]V%&2L=*V%&G:90>I8;_0@S/BROG5V&RP4T&:
M^R@570)3"-D<(L;7MTJ@:J;_WTO7[V+0S)/UZ@/$RI/1]>H!! W\=A\RTRMN
MQT( /5XS[QI7;"^AO[C6'4_R;1\E]!?6NB,2$0Y_U_7!A3M^\'H/=]UX]O+)
ML]G+KWS7J:;R8STYIL74'0N3K'8D2_<OOKW=ZV<?[J3A$U*5 $0:8TL7\X%"
M5;P&'N#ZL!\Q!4K9=JHI^J;DG4>7![XI*B3&5"CG!#,PUQ4C2+K^;-8&YR>\
M!R\5[^?-QB>0$[$$-'CE8#F2;"6[FLL1#Y;4 (FN]%3.,54KO4I]$=>I%+-O
MFA/!C0ET=:]8LF-G:G%K%UZ ;B/1:+1255*[4[ZYICM9G';W5ZQ1]<PYQ*8I
MY! &-.S#WQ=]S.NNG(_C/5P8XS443D9XOE]^9:C7CW**_@30\J@ OC\ITR0E
MVM## CWA(L@&R(%(#@67W#:+A26"75T97Z,&D@K^Q;<!^;OKO.<Y+RH%0#@2
M'MTT '36@'K)(^\H&K3-OWH'/_S+QV]__.GM]'$*^*#["9TEM0YYZU 7GQ%N
M8<$L6KDX\4S:1]TLD8+J:P>+72:4Y@X7)$+G".WVFZG*J>_ 1AI7Z)])75WL
M+HG!+2D,%#M,'P+@IA.UZK1-V,&O@P'UW%T_N0=-G9/QQ,V39Q,W#W<?;&M6
M.KAI'R;-Q5U0:H,CJ.5@#[G?OEX]-]3$KTT!4)=[T[>ED[V$<N_1N@T2VO1'
M@.)J:@A'DT_TNSD? SQ$E"MA@S4WW#?B,DU0'E)$*,PM@GG>>B#  4[GGDD.
MU$S*GN1.[:KM;[(C<[1UB!X^[@:KD'=OHYINXI+I'41_??]W6EX<%HM]KZ$K
MD[P<MZZOH\EW,HZ@U=QRXP%SEA7P[2(.3+8!MX$2UP3R)2VL"[G@8>"*D1!G
M45;@E(H6F_WOX5/;ACYKN+"6:)^P AM< =DL(G;-EP;^$G:#E#2/'5*5+" U
M!)^?(1-7F.(U)")W!"1 UU6H=&+- ?=KT=^$@*^!8W2R,4D5S_;-.1JJ$(\P
M\6N;>'_)5H0SO?I?4#KOS%D%D._Y!GVXL&J)8"6RQ7B%.W0T'7ZV!S[\R7@^
M_,D(&_C7O$/_NWPPZ ['ITWM0EVW>'=!*H<'6N<0V78'Q*Q4H>\BQ/)M50R0
M7OI.M%M/,YL<,96_E]P\E?I%;-V'M$LN\\-,F2]V\Z*B&#:CX-#!"F1JS J[
M%'"JONT6]>VQE&=XO\+QY27/5.O?=\U7\7A*"V+PZ$<C<CD(P1M:3MPHFX:L
MI+2$M5M*TS1AUM622>I#GO)>7P9?$V8[\69-_'^XN5(NC"$INZ10>9Q]XJ7A
M$5"SB40F7)L0C8>6R;V]6%%GS=]C 02%AD3Z8(599M'2;Y1WPG9TWS$T+.=N
MFPC(7*44#E2GP'D<?Z* )@F+,D)+$I'EPE Z!%\XR!$>R;"]7WRV6B=\3@XD
M\0'*1I5+9%(C&U@Z?,_AK_?1XB&S/:B'G(Q7#SD986U\^8IXWO?IKVU-)1:^
MF?U.(J/%1/HX0QDO0D8E,27,*.QJN@B[7PC 1I]7(R4Y%A@*>A>5("A3I^/(
MV.1.%-^%LV%<H/'+<%$:\!>!_*K666=6I.:+_3X;&T.* E!;- 6,MR_I0<BD
M$RU/DC5B)>Q95U;U6\P1V=8R TP%W(=9/72[B0_.]C0-L).=]1$MJPQT8_+D
MUC[>75:D^NG$\]A?SJZXT]%W"\1G6KN1<T;_=',:FM5H5[I^8FP UOT=UF^9
MHA*D ]*O$IN7M:O@^NS>C_TYCRCQ/!PKR6H*L%Q;E]$@,I1F P1G'Y**A)$S
MI^%)4QU/]Z,MN"8#P3#WV/%02%9.^#^L[[/:+8=9*+#=&=O E"M1UOZ,QT(
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M 7*8(J^WR%#S.($A4GA?4#$D3P\&GU@ABC5GPX6G',@I *VT0UME[0J>,\,
M*5E@L-2IX1U-?B1=-\+L>,:>^8)N*.C,MB2@I(.A1?/Y ACHO&W,P +C7?_R
MZLW39998Y^-75+T9+7)WL@>1N]/Q(G>G(T3N7I.V_?>DRO 6)ITT,O"L2';;
MUR\YG<%S\[[-"P;E#VR"R0^E7>KA-_D*C(;"1EK$H8@8W'I+K#,;Y:*KFS3
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MO>3<)(D!#0Y+1%!]9 "XDP*:%7 %S$LHKV/_QIYZM0@(V,$6!FK*H$0!$YU
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M:64?PVB/ZPS%;6!7D'NDG&"PRHH2_0@^B+><.UT>B?34&1K3(P\Z,&$G6#8
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M J_[E2-*(.96R! M$BDV!"N: C#8>ZL$%,((GRH  /9:&=(WH@]"7!/"NPX
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MU]'J1A(,^044_YM&U*A',[V$P =!5 R/YC5%>D,/$R:1" (DF":E@][%70:
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MXWG\U\_F\1_8_Z$'@8*W.('7& ,'M?,DOWS.QA/VK__%S+JW@)D8#%33C )
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MT;;'!7(Q-:3Q4+*7*$M$VRL*#L!;5#XH=AO$5M,^ ,C:3.,6SEAW8+A0-J)
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M<>*)N"]06 '+$I+HQU[760&/:]+"U,&QPX^TN+,A3<Y/Y#(.N=V9WT\'SI)
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M[W3FPDO5AFN3JE>TR<WY3S@C3.$L#0NS)Y72]'!;^,<>HT4TU ($JL4ZWZ>
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M*SB":6NR$]/6RVR6;35#1T;&W.<(^A'^X*SQY$%+LK<8M6:U!@L2W,?AOZ;
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MH^[1GR",DV; XUK.&WA6>!:$[3C5YP4BX+!) \NTW+&!G1I]!N-=+JSC3M(
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MI[LP9,#M0.>8LL;3C]1IMH'WO:&,PHB0E#)6K!SCF89C;TH>Q"V(3 3NQ>A
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MZ$2JN,^JLF"I,"\D3-E%1L>:*Z?D7<*$< AO5HEV;X;ZE1@3LC98A9P 5?G
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MMH=-OJ!#JT6(R+L,6-C"HN/>&WD[68]VAKS'S[9^?:"!;3E^JS@5<"MXJ'"
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MR(-;PRUVC\"VA4,JL!@T!-^3OJP\;R]UBK_ ;-Q4Z< J<JE##S9:-FO! 7[
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MXD^*3[[08]J.B#B'PU_PY/<\:"ZYXL;\*';A9TSAX56F+P(8./K)IJ9'!>F
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MR.(Y;C$PV'"V5=J97GBQ;"O)DOFW6!?(X,S]T.)Z:7B#&H3_JZ&"X0A"J$K
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M3:LRV1@[BG&4UW:T%Q[;:LN4#(^JQ_ T]3OW5MX"6^;=<*<;<3R(S/Z3S2=
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MI9(>1S B)#@L\8X1QZ*#B9M$C:&,!2WG>Q@(;JO[UH]"1*8I2M^&P!-Z](F
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M6W8OTNI\LXX_%]+)[@HM?*1-!DB6$UJD7TP04"Y>4,QI;*H?MV(WZ/:&^S[
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MAIU.5>HZ6L%F8C#X#AKN*_-9BI?NYKJ]U=2N)$8CV(C&R$KXQH.+Q#3 E8M
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MA]S83#^=?QY>)%H9#;XDNP+_]I\6D4>XL=L\2J<0^ 5="'J3\3:-$:@,NM?
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MV%K40,AZ.G9H$1"E@Z2A0T(X#6>?I0@TD'E5?+I<,HKF2[<?ZM$P#MR+;PO
M80LUU@@NK:&550OS855X#R9,-7\Q_@B_=3E5VR,7Q )F(5M;0R:_U)G,FLZ
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MEKBDVT @Z#U=TQG,Z32'!PZW0H?E?Y_+OR_7<LM=P!V"0NL%R]36!]MF;%7
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M 4B5<\WD!XO/EG(_S]O7WW(-P4MPB#B3M!1%5, 9FZL3"\NY-4IM>9JMN)S
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M&BP"&O@!MO9>2#3$ +%!/) @) [)0 H0 =*$#*!CD!5T&G*&/"%_*!2*ABY
MR5 JE 7E0250)50'M4"=4"_T'IJ YJ$5:!,&A]'#V&'\, F8'(P TX&9PJQA
M#C!/6! L$G81=AV6"<N'/815PUI@;V #L''8(FP-#N X."=<&'X(3H#KP<WA
M=G /># \%DZ!9\#SX>7P>C@5W@<?AW^!_T2@$&P((<0AA#K"&'$204($(6(1
M5Q%9B&)$-:(=T8>80- 0.T@&)!]2!JF&)")/(3V1X<A$9 :R$%F%[$ .(*>1
M/U H%"<*CU)!&:-.HWQ04:BKJ#NH"M0+5"]J"K6&1J-YT#)H#;0YV@4=@DY$
MWT8_1#]'OT-/HS<P.(P@1@%CB+'#^&,2,!F84DPSYAUF%K-%QTPG3J=&9T[G
M1A=!=X/N/ET]73?=--T6E@6+QVI@K;$^V'AL)K8<VX$=PZ[B<#@1G"K.$N>-
M.X_+Q#W&O<)-X'[2L])+T^O1V].'TE^G+Z)_0?^>?I6!@4&"09O!CB&$X3I#
M"4,;PT>&#48V1EE&(J,;8QQC-F,UXSO&;TQT3.),.DR.3)%,&4Q/F;J9OC#3
M,4LPZS&[,,<R9S/7,0\QK[&PL<BSF+/XL5QE*67I9)EC1;-*L!JPNK%>9"U@
M;6.=8H.SB;+IL9'8+K#=9^M@FV9'L>/9B>P^[,GLC]B[V&D<K!R*'#8<9(YL
MCB:.<4XXIP0GD?,LYPW.)YR#G)M<_%PZ7.Y<25SE7.^XUKD/<&MSNW-3N"NX
M![@W>81X#'A\>5)X:G@^\")XI7DM><-Y[_)V\'XYP'Y _0#I .7 DP,C?# ^
M:3XKOBB^ KZW?&O\ OQ&_('\M_G;^+\(< IH"_@(I LT"\P+L@EJ"GH+I@L^
M%UP0XA#2$3HKE"G4+D03YA,V%@X5SA/N$MX2P8N<%$D0J1#Y((H5)8AZB*:+
MMHK2Q 3%S,2BQ<K$1L3IQ GB7N*WQ*GBZQ)X"5N)RQ(U$G-X;CP1'XDOPX])
M,DAJ209)YDOV2Z&D"%*^4G>D>J1ATDK27M+9TMTR,!EE&6^9.S*]!Y$'50_Z
M'\P_.'2(_I#.H;!#98<F9#EEC\DFR-;(?I,3D[.32Y&CRNT<5CI\]O#]PZ/R
MK/(F\@GR]?(K"M(*)(5LA?XC#$<,C\0=J3VRK"BCZ*YX5W%8B4W)3.FR4JO2
M+V45Y6#E<N5Y%3$59Y4<E2$".\&"<)7P2A6IJJL:I]JH^E--62U$[8G:DOHA
M=5_U4O6YH_BC[D?O'YW2$-%PT<C3&-<4TG36O*<YKB6LY:*5KS6I+:KMIEVH
M/:LCI>.C\U#GF^YAW6#=*MUU/36]&+T7^G!](WV*?I<!J\%)@RR#CX8BAIZ&
M988T(R6C**,7QDAC4^,4XR$B/Y%$+"'23%1,8DS:3>E-3YAFF4X>DSX6?*S>
M#&9F8I9F-G9<_+C_\1IS8$XT3S/_8(&W"+)HL$196EAF6\Y8R5M%6U%/L)UP
M.E%ZXH>UKO4-Z]&3DB=#3[;:,-G8VY38K-OJVZ;:CI^2.Q5SZLUIWM/>IVOM
MT'8V=H5V:V<,SMP\,VVO9)]H/^B =R [=#KR.IYU;')B<G)Q>NJ,=+9U+G7>
M=C%WR7=9<R6ZYKC22'JD6Z1%-VVW=+=Y=PWW5/=9#PV/5(\Y3PW/-,]Y+RVO
M#*\OWGK>6=[+/L8^N3[KON:^1;Z[9VW/5OAA_)S]ZOQ9_7W]VP,$ L@!O8$R
M@8F!XT%J03>#:,&FP87GH',.YVI#V/<.Q;>ADJ&70B?"-,.RPS;";<*?DEG(
M_N2W$=(121&SD8:1#Z(04:2HUFCAZ/CHB1B=F+Q8*-8UMC5.-.YBW/1YH_/%
M\=AXW_C?$PXGI"9\OV![H?XB_\7S%Z<N&5TJ2V1,#$X<NJQ^.?<*XHKWE:ZD
M(TFWDW8H;I37R8>3,Y*WKY*NOKXF?RWSVNYUC^M=-Y1OW/T-]9O_;X,I6BG%
MJ2RID:E3:69IU>E"Z93T[S>=;G9F*&;DWL+>"KTUGGDLL_:VV.W?;F]G>64-
M9.MF5^3PY23EK-]QN_/NKO;=\ES^W.3<S7O>]X;SC/*J\R7R,PI0!6$%,_=M
M[E,?$!Z4%/(6)A?^*O(O&B^V*FXO42DI*>4KO5$&*PLMFW]H_[#GD?ZCVO)#
MY7D5G!7)C\'CT,<+E<Z5@T],G[0^)3PM?R;^+*>*K8I2#55'5--JO&K&:T_7
M]M:9U+76J]=7-<@V%#4*-V8W<33=:,8V7VS>?1[Y?.U%X(LO+9XM4ZU.K:-M
MI]KZVRW;NSI,.UZ]-'S91M6A/G^E\:JQ4ZVS[C7A=<T;Y3?5;Y7>5OVN]'M5
MEW)7=;=*=VV/:D]][]'>YG=:[UKZ]/M>]A/[WPP<'^@=/#DX/&0_-#[L-CSW
M_NS[Y9&PD:W1\V/(,<H'Y@\9'_D^YG^2^E0QKCS>-*$_\7;RQ.3H%&EJ\?.Y
MS]O3%V<89C)F!6=+YA3F&N<-YWL6SBQ,+P8N;GU)_,KR->>;Y+=G2]I+;VFG
M:-/+P<N[*U=7>5:+OBM^;UVS6/OXP^_'UCIE@V>C^"?A)W73=G-V*WP;O9WY
M2^I7_8[ISMBNW^[N[BC0 Q@4"HU"8O9.)CHZ#):>G8$>AZ/G865C8N?G%13@
MY^7C$Q*3Q0N)'!3EXY-4D3IX6%Y145$0KZI!4#@J>T1187\1B(Z.CAY'S\W
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M ,I; ,"N_MGG=@. YF0 V*?_[!.FQI4Q"8"F$?>PX/!_],%_WQ" %C "'.
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M"@H*?&(J&LKRZK)'%>1_#P)!H]'T=/3L& R[/#59RO_'H'0!+ T0ALC!(((
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MT\=Z#W8H8,'GG<R+CR;A$74+5R#/Z!I\*J[%(][$'#16/Q2Z'>KI*<1_J9L
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M.<G.VK_MO:<#E9O.,20RQ%[W\^,<&&9K?;]3-%]"J/?;MK_2T=:T8:J#Y:&
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M'WUC80!C40:[X]G"C)O3Z>(0'+DO.FYKM<LS@>K(1>H7^2CO_@M02P,$%
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M5-3T_\N%_H\X(_>T3SI?76=ADH=1H5P5ZN6!D6H L.;OG1-_)%ZQ#N6$;0M
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MEV->P.?3SZMDHDH+9'+ J%( XD0Y)06GR30ND7W$]0<%5PI1<'2I8''&G%*
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M6$2?O/AAE"817A8!-U(,/T,.6$ :L@:H0(]M0)B9X14/3 6J=*!6"9AP,&-
MB :M+P!7';(,#UO#?.*DU(5:9:C4!C!B;$EI0\?"8?8Q]*1%0VWCR-HXKTAJ
MM*%&'>+Z4*,00BA9\R($DXW?/,))$S3]A<9. @"2C_6>=/=7/U76+'VG5NKC
M0=HSHEVC,)D@VCF4H5\-N/6HE&A !>)L?6UHB)?72QVH4@)PYC?E0 @$O3\<
M0\*U8+.3V[N4]>#HJELPCNU"N>G*#59=:O#U7K70VJ4&)OAYMU: TBGB*N"<
MPP;H1:^K?> 2 #LIPF@?!"9F>(8!5P%R+#<B8"T2-*ZPCP40A25M(\?+:*^
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M     &0T-3<P-S9D-#(T8C4N:'1M4$L! A0#%     @ $49\5I 9>RS6$@
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+ %H!  "]C 0    !

end
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
