Counterparty Risk (Tables)

6 Months Ended

Jun. 30, 2018

Schedule Of Percentage Of Total Collateral On Reverse Repurchase Agreements [Table Text Block]

The following table details the percentage of such collateral held by counterparties who hold greater than 15% of the aggregate $1.69 billion in collateral for various reverse repurchase agreements as of June 30, 2018. In addition to the below, unencumbered investments, on a settlement date basis, of approximately $26.8 million were held in custody at the Bank of New York Mellon Corporation as of June 30, 2018.



Dealer		% of Total Collateral on Reverse Repurchase Agreements
Royal Bank of Canada		15%

% Of Total Deposits With Dealers Held As Collateral

The following table details the percentage of collateral amounts held by dealers who hold greater than 15% of the Company's Due from Brokers, included as of June 30, 2018:



Dealer		% of Total Due from Brokers
Morgan Stanley		49%
J.P. Morgan Securities LLC		17%

% Of Total Receivable For Securities Sold

The following table details the percentage of amounts held by dealers who hold greater than 15% of the Company's Receivable for securities sold as of June 30, 2018:



Dealer		% of Total Receivable for Securities Sold
Credit Suisse Securities LLC		34%
Bank of America Securities		33%
Wells Fargo Securities		16%

Schedule of Cash and Cash Equivalents [Table Text Block]

In addition, the Company held cash and cash equivalents of $22.1 million and $47.2 million as of June 30, 2018 and December 31, 2017, respectively. The below table details the concentration of cash and cash equivalents held by each counterparty:



	As of
Counterparty	June 30, 2018	December 31, 2017
Bank of New York Mellon Corporation	32%	37%
Deutsche Bank Securities	32%	5%
Morgan Stanley Institutional Liquidity Fund—Government Portfolio	11%	—%
BlackRock Liquidity Funds FedFund Portfolio	10%	56%
Goldman Sachs Financial Square Funds—Government Fund	10%	—%
Bank of America Securities	4%	2%
US Bank N.A.	1%	—%