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&lt;p style="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-indent: 55.1pt"&gt;&lt;span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"&gt;The
information contained under the heading &#x201c;Additional Fund Information&#x2014;Summary of Fund Expenses&#x2014;Market, Net Asset
Value Information and Unresolved Staff Comments&#x201d; in the Annual Report is incorporated herein by reference. The following
table sets forth for the quarters indicated, the high and low sale prices on the NYSE per share of our common shares and the net
asset value and the premium or discount from net asset value per share at which the common shares were trading, expressed as a
percentage of net asset value, at each of the high and low sale prices provided.&#160;&lt;/span&gt;&lt;/p&gt;

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    &lt;td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center"&gt;&lt;p style="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: center"&gt;&lt;span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"&gt;&lt;b&gt;High&lt;/b&gt;&lt;/span&gt;&lt;/p&gt;&lt;/td&gt;&lt;td style="font-weight: bold; padding-bottom: 1pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center"&gt;&lt;p style="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: center"&gt;&lt;span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"&gt;&lt;b&gt;Low&lt;/b&gt;&lt;/span&gt;&lt;/p&gt;&lt;/td&gt;&lt;/tr&gt;
&lt;tr id="xdx_413_20231001__20231231_zXVCBbA9awp7" style="vertical-align: bottom"&gt;
    &lt;td style="width: 46%"&gt;December 31, 2023 &lt;/td&gt;&lt;td style="width: 2%"&gt;&#160;&lt;/td&gt;
    &lt;td style="width: 7%; text-align: center"&gt;$3.74&lt;/td&gt;&lt;td style="width: 2%"&gt;&#160;&lt;/td&gt;
    &lt;td style="width: 7%; text-align: center"&gt;$3.20&lt;/td&gt;&lt;td style="width: 2%"&gt;&#160;&lt;/td&gt;
    &lt;td style="width: 7%; text-align: center"&gt;$3.82&lt;/td&gt;&lt;td style="width: 2%"&gt;&#160;&lt;/td&gt;
    &lt;td style="width: 7%; text-align: center"&gt;$3.61&lt;/td&gt;&lt;td style="width: 2%"&gt;&#160;&lt;/td&gt;
    &lt;td style="width: 7%; text-align: center"&gt;(2.09)%&lt;/td&gt;&lt;td style="width: 2%"&gt;&#160;&lt;/td&gt;
    &lt;td style="width: 7%; text-align: center"&gt;(11.36)%&lt;/td&gt;&lt;/tr&gt;
&lt;tr id="xdx_41A_20240101__20240331_zn5rbPpYRjc4" style="vertical-align: bottom; background-color: White"&gt;
    &lt;td&gt;March 31, 2024 &lt;/td&gt;&lt;td&gt;&#160;&lt;/td&gt;
    &lt;td style="text-align: center"&gt;$3.81&lt;/td&gt;&lt;td&gt;&#160;&lt;/td&gt;
    &lt;td style="text-align: center"&gt;$3.51&lt;/td&gt;&lt;td&gt;&#160;&lt;/td&gt;
    &lt;td style="text-align: center"&gt;$3.80&lt;/td&gt;&lt;td&gt;&#160;&lt;/td&gt;
    &lt;td style="text-align: center"&gt;$3.81&lt;/td&gt;&lt;td&gt;&#160;&lt;/td&gt;
    &lt;td style="text-align: center"&gt;0.26%&lt;/td&gt;&lt;td&gt;&#160;&lt;/td&gt;
    &lt;td style="text-align: center"&gt;(7.87)%&lt;/td&gt;&lt;/tr&gt;
&lt;/table&gt;

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    <cef:SeniorSecuritiesNoteTextBlock contextRef="AsOf2024-07-11" id="Fact000075">&lt;p id="xdx_80A_ecef--SeniorSecuritiesNoteTextBlock_dU_z6VuL4eHbJO" style="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: center"&gt;&lt;span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"&gt;&lt;b&gt;&lt;span id="gcvn2a005"&gt;&lt;/span&gt;SENIOR
SECURITIES&lt;/b&gt;&lt;/span&gt;&lt;/p&gt;

&lt;p style="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: center"&gt;&lt;span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/p&gt;

&lt;p style="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-indent: 55.1pt"&gt;&lt;span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"&gt;The
information contained under the headings &#x201c;Financial Highlights&#x201d; and &#x201c;Additional Fund Information&#x2014;Summary
of Fund Expenses&#x2014;Selected data for a common share outstanding throughout each year&#x201d; in the Annual Report is incorporated
herein by reference. The information contained under such headings in the Annual Report concerning the Fund&#x2019;s outstanding
senior securities for the fiscal period ended September 30, 2023 and the years ended December 31, 2022, December 31, 2021, December
31, 2020 and December 31, 2019 is derived from the Fund&#x2019;s financial statements audited by&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;
 , independent registered public accounting firm for the Fund, whose report on such financial statements, together with the
financial statements of the Fund, are included in the Annual Report and are incorporated by reference herein.&#160;&lt;/span&gt;&lt;/p&gt;

</cef:SeniorSecuritiesNoteTextBlock>
    <cef:InvestmentObjectivesAndPracticesTextBlock contextRef="AsOf2024-07-11" id="Fact000077">&lt;p id="xdx_800_ecef--InvestmentObjectivesAndPracticesTextBlock_dU_z41jNQAd80k5" style="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: center"&gt;&lt;span style="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-transform: uppercase"&gt;&lt;b&gt;&lt;span id="gcvn2a008"&gt;&lt;/span&gt;INVESTMENT
OBJECTIVE AND POLICIES &lt;/b&gt;&lt;/span&gt;&lt;/p&gt;

&lt;p style="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: center"&gt;&lt;span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/p&gt;

&lt;p style="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0"&gt;&lt;span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"&gt;&lt;b&gt;Investment
Objective and Policies &lt;/b&gt;&lt;/span&gt;&lt;/p&gt;

&lt;p style="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0"&gt;&lt;span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/p&gt;

&lt;p style="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-indent: 0.75in"&gt;&lt;span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"&gt;The
investment objective of the Fund is to seek a high level of total return on its assets. The Fund seeks to achieve its investment
objective through a combination of current income and capital appreciation. There is no assurance that this objective will be
achieved. It is, however, a fundamental policy of the Fund and cannot be changed without stockholder approval.&lt;/span&gt;&lt;/p&gt;

&lt;p style="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-indent: 0.75in"&gt;&lt;span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/p&gt;

&lt;p style="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-indent: 0.75in"&gt;&lt;span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"&gt;Under
normal circumstances the Fund will invest at least 80% of the value of its total assets (taken at current value) in &#x201c;convertible
securities,&#x201d; i.e., securities (bonds, debentures, notes, stocks and other similar securities) that are convertible into
common stock or other equity securities, and &#x201c;income securities,&#x201d; i.e., nonconvertible debt or equity securities having
a history of regular payments or accrual of income to holders. Securities received upon conversion of a convertible security will
not be included in the calculation of the percentage of Fund assets invested in convertible securities but may be retained in
the Fund&#x2019;s portfolio to permit orderly disposition or to establish long-term holding periods for federal income tax purposes.
The Fund expects to continue its practice of focusing on convertible securities to the extent attractive opportunities are available.
We cannot assure you that the Fund will achieve its investment objective. The Fund may invest without limit in securities rated
below investment grade by recognized statistical rating agencies or unrated securities of comparable quality, including securities
of issuers in default, which are likely to have the lowest rating; provided, however, that not more than 50% of the Fund&#x2019;s
portfolio will consist of securities rated CCC or lower by S&amp;amp;P or Caa or lower by Moody&#x2019;s or, if unrated, are of comparable
quality as determined by the Investment Adviser, and the Fund&#x2019;s investments in securities of issuers in default will be
limited to not more than 5% of the total assets of the Fund. Securities rated below investment grade, which may be preferred shares
or debt, are predominantly speculative and involve major risk exposure to adverse conditions. Securities that are rated lower
than &#x201c;BBB&#x201d; by S&amp;amp;P, or lower than &#x201c;Baa&#x201d; by Moody&#x2019;s or unrated securities considered by the Investment
Adviser to be of comparable quality, are commonly referred to as &#x201c;junk bonds&#x201d; or &#x201c;high yield&#x201d; securities.&lt;/span&gt;&lt;/p&gt;

&lt;p style="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-indent: 0.75in"&gt;&lt;span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/p&gt;

&lt;p style="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-indent: 0.75in"&gt;&lt;span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"&gt;The
information contained under the heading &#x201c;Additional Fund Information&#x2014;Investment Objectives and Policies&#x201d; in
the Fund&#x2019;s Annual Report is incorporated herein by reference.&lt;/span&gt;&lt;/p&gt;

</cef:InvestmentObjectivesAndPracticesTextBlock>
    <cef:RiskFactorsTableTextBlock contextRef="AsOf2024-07-11" id="Fact000079">&lt;p id="xdx_807_ecef--RiskFactorsTableTextBlock_dU_zgfEaBpHy3P8" style="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: center"&gt;&lt;span style="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-transform: uppercase"&gt;&lt;b&gt;&lt;span id="gcvn2a009"&gt;&lt;/span&gt;RISK
FACTORS AND SPECIAL CONSIDERATIONS&lt;/b&gt;&lt;/span&gt;&lt;/p&gt;

&lt;p style="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: center"&gt;&lt;span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/p&gt;

&lt;p style="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-indent: 0.75in"&gt;&lt;span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"&gt;The
information contained under the heading &#x201c;Additional Fund Information&#x2014;Risk Factors and Special Considerations&#x201d;
in the Fund&#x2019;s Annual Report is incorporated herein by reference.&lt;/span&gt;&lt;/p&gt;

&lt;p style="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-indent: 0.75in"&gt;&lt;span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/p&gt;

&lt;p style="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-indent: 0.75in"&gt;&lt;span style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;/span&gt;&lt;/p&gt;





&lt;p style="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: center"&gt;&lt;span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"&gt;&lt;b&gt;&lt;span id="gcvn2a010"&gt;&lt;/span&gt;HOW
THE FUND MANAGES RISK&lt;/b&gt;&lt;/span&gt;&lt;/p&gt;

&lt;p style="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: center"&gt;&lt;span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/p&gt;

&lt;p style="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0"&gt;&lt;span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"&gt;&lt;b&gt;Investment
Restrictions&lt;/b&gt;&lt;/span&gt;&lt;/p&gt;

&lt;p style="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0"&gt;&lt;span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/p&gt;

&lt;p style="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-indent: 0.75in"&gt;&lt;span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"&gt;The
Fund has adopted certain investment restrictions as fundamental policies of the Fund. Under the 1940 Act, a fundamental policy
may not be changed without the vote of a majority, as defined in the 1940 Act, of the outstanding voting securities of the Fund
(voting together as a single class). In addition, pursuant to the Fund&#x2019;s Series G Preferred Articles Supplementary, a majority,
as defined in the 1940 Act, of the outstanding preferred shares of the Fund (voting separately as a single class) is also required
to change a fundamental policy. See &#x201c;Investment Restrictions&#x201d; in the SAI and &#x201c;Additional Fund Information&#x2014;Investment
Restrictions&#x201d; in the Annual Report. The Fund may become subject to rating agency guidelines that are more limiting than
its current investment restrictions in order to obtain and maintain a desired rating on its preferred shares, if any.&lt;/span&gt;&lt;/p&gt;

&lt;p style="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-indent: 0.75in"&gt;&lt;span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/p&gt;

&lt;p style="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-indent: 0.75in"&gt;&lt;span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"&gt;The
Fund&#x2019;s investment objective is a fundamental policy. Except as expressly listed under &#x201c;Investment Restrictions&#x201d;
none of the Fund&#x2019;s other policies is fundamental, and each may be modified by the Board without shareholder approval.&lt;/span&gt;&lt;/p&gt;

&lt;p style="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-indent: 0.75in"&gt;&lt;span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/p&gt;

&lt;p style="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0"&gt;&lt;span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"&gt;&lt;b&gt;Interest
Rate Transactions&lt;/b&gt;&lt;/span&gt;&lt;/p&gt;

&lt;p style="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0"&gt;&lt;span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/p&gt;

&lt;p style="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-indent: 0.75in"&gt;&lt;span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"&gt;The
Fund may enter into interest rate swap or cap transactions to manage its borrowing costs, as well as to increase income. The use
of interest rate swaps and caps is a highly specialized activity that involves investment techniques and risks different from
those associated with ordinary portfolio security transactions. In an interest rate swap, the Fund would agree to pay to the other
party to the interest rate swap (which is known as the &#x201c;counterparty&#x201d;) periodically a fixed rate payment in exchange
for the counterparty agreeing to pay to the fund periodically a variable rate payment that is intended to approximate the Fund&#x2019;s
variable rate payment obligation on its borrowings (or the Fund&#x2019;s potential variable payment obligations on fixed rate preferred
shares that may have certain variable rate features). In an interest rate cap, the Fund would pay a premium to the counterparty
to the interest rate cap and, to the extent that a specified variable rate index exceeds a predetermined fixed rate, would receive
from the counterparty payments of the difference based on the notional amount of such cap. Interest rate swap and cap transactions
introduce additional risk because the Fund would remain obligated to pay interest or preferred shares dividends when due even
if the counterparty defaulted. Depending on the general state of short term interest rates and the returns on the Fund&#x2019;s
portfolio securities at that point in time, such a default could negatively affect the Fund&#x2019;s ability to make interest payments
or dividend payments on the preferred shares. In addition, at the time an interest rate swap or cap transaction reaches its scheduled
termination date, there is a risk that 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 the expiring transaction. If this occurs, it could have a negative impact on the Fund&#x2019;s
ability to make interest payments or dividend payments on the preferred shares. To the extent there is a decline in interest rates,
the value of the interest rate swap or cap could decline, resulting in a decline in the asset coverage for the borrowings or preferred
shares. A sudden and dramatic decline in interest rates may result in a significant decline in the asset coverage. If the Fund
fails to maintain the required asset coverage on any outstanding borrowings or preferred shares or fails to comply with other
covenants, the Fund may be required to redeem some or all of these shares. Any such prepayment or redemption would likely result
in the Fund seeking to terminate early all or a portion of any swap or cap transactions. Early termination of a swap could result
in a termination payment by the Fund to the counterparty, while early termination of a cap could result in a termination payment
to the Fund.&lt;/span&gt;&lt;/p&gt;

&lt;p style="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-indent: 0.75in"&gt;&lt;span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/p&gt;

&lt;p style="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-indent: 0.75in"&gt;&lt;span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"&gt;The
Fund may enter into equity contract for difference swap transactions, for the purpose of increasing the income of the Fund. In
an equity contract for difference swap, a set of future cash flows is exchanged between two counterparties. One of these cash
flow streams will typically be based on a reference interest rate combined with the performance of a notional value of shares
of a stock. The other will be based on the performance of the shares of a stock. Depending on the general state of short term
interest rates and the returns on the Fund&#x2019;s portfolio securities at the time a swap transaction reaches its scheduled termination
date, there is a risk that 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 the expiring transaction.&lt;/span&gt;&lt;/p&gt;

&lt;p style="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-indent: 0.75in"&gt;&lt;span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/p&gt;

&lt;p style="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-indent: 0.75in"&gt;&lt;span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"&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 settlement
on the payment date or dates specified in the instrument, with the Fund receiving or paying, as the case may be, only the net
amount of the two payments. The Fund intends to segregate or earmark cash or liquid assets having a value at least equal to the
value of the Fund&#x2019;s net payment obligations under any swap transaction, marked to market daily. The Fund will monitor any
such swap with a view to ensuring that the Fund remains in compliance with all applicable regulatory, investment policy and tax
requirements.&lt;/span&gt;&lt;/p&gt;

&lt;p style="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-indent: 0.75in"&gt;&lt;span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/p&gt;

&lt;p style="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-indent: 0.75in"&gt;&lt;span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"&gt;If
the Fund writes (sells) a credit default swap or credit default index swap, then the Fund will, during the term of the swap agreement,
designate on its books and records in connection with such transaction liquid assets or cash with a value at least equal to the
full notional amount of the contract.&lt;/span&gt;&lt;/p&gt;

&lt;p style="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-indent: 0.75in"&gt;&lt;span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/p&gt;

&lt;p style="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-indent: 0.75in"&gt;&lt;span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"&gt;Further
information on the investment objective and policies of the Fund is set forth in the SAI.&lt;/span&gt;&lt;/p&gt;

</cef:RiskFactorsTableTextBlock>
    <cef:CapitalStockTableTextBlock contextRef="AsOf2024-07-11" id="Fact000082">&lt;p id="xdx_806_ecef--CapitalStockTableTextBlock_dU_zUhb4vE0Sn59" style="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0"&gt;&lt;span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"&gt;&lt;b&gt;Common
Shares&lt;/b&gt;&lt;/span&gt;&lt;/p&gt;

&lt;p style="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0"&gt;&lt;span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/p&gt;

&lt;p style="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-indent: 0.75in"&gt;&lt;span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"&gt;The
Fund is authorized to issue 1,000,000,000 shares of capital stock, par value $.001 per share, in multiple classes and series thereof
as determined from time to time by the Board. As of March 31, 2024, &lt;span id="xdx_902_ecef--OutstandingSecurityNotHeldShares_c20240331__20240331__us-gaap--StatementClassOfStockAxis__custom--CommonStocksMember_zUZfDUyNncib" title="Outstanding Security, Not Held [Shares]"&gt;19,474,744&lt;/span&gt; common shares were outstanding. The common shares
of the Fund are listed on the NYSE under the symbol &#x201c;GCV&#x201d; and began trading March&#160;31, 1995. The Fund&#x2019;s
common shares have historically traded at a discount to the Fund&#x2019;s net asset value. Since the Fund commenced trading on
the NYSE, the Fund&#x2019;s common shares have traded at a maximum discount to net asset value of (32.4)% and a maximum premium
of 33.9%. The average weekly trading volume of the common shares on the NYSE during the period from January&#160;1, 2023 through
September 30, 2023 was 116,956 shares. Though the Fund expects to pay distributions quarterly on the common shares, it is not
obligated to do so. Each share within a particular class or series thereof has equal voting, dividend, distribution and liquidation
rights. All shares, when issued in accordance with the terms of the applicable offering, will be fully paid and&#160;non-assessable.&#160;The
common shares are not redeemable and have no preemptive, conversion or cumulative voting rights.&lt;/span&gt;&lt;/p&gt;

&lt;p style="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-indent: 0.75in"&gt;&lt;span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/p&gt;

&lt;p style="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-indent: 0.75in"&gt;&lt;span style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;/span&gt;&lt;/p&gt;





&lt;p style="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-indent: 0.75in"&gt;&lt;span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"&gt;Offerings
of shares require approval by the Fund&#x2019;s Board of Directors. Any additional offerings of shares will require approval by
the Fund&#x2019;s Board. Any additional offering of common shares will be subject to the requirements of the 1940 Act, which provides
that common shares may not be issued at a price below the then current net asset value, exclusive of sales load, except in connection
with an offering to existing holders of common shares or with the consent of a majority of the Fund&#x2019;s outstanding common
shareholders.&lt;/span&gt;&lt;/p&gt;

&lt;p style="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-indent: 0.75in"&gt;&lt;span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/p&gt;

&lt;p style="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-indent: 0.75in"&gt;&lt;span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"&gt;Unlike&#160;open-end&#160;funds,&#160;closed-end&#160;funds
like the Fund do not continuously offer shares and do not provide daily redemptions. Rather, if a shareholder determines to buy
additional common shares or sell shares already held, the shareholder may do so by trading through a broker on the NYSE or otherwise.&lt;/span&gt;&lt;/p&gt;

&lt;p style="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-indent: 0.75in"&gt;&lt;span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/p&gt;

&lt;p style="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-indent: 0.75in"&gt;&lt;span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"&gt;Shares
of&#160;closed-end&#160;investment companies often trade on an exchange at prices lower than net asset value. Because the market
value of the common shares may be influenced by such factors as dividend and distribution levels (which are in turn affected by
expenses), dividend and distribution stability, net asset value, market liquidity, relative demand for and supply of such shares
in the market, unrealized gains, general market and economic conditions and other factors beyond the control of the Fund, the
Fund cannot assure you that common shares will trade at a price equal to or higher than net asset value in the future. The common
shares are designed primarily for long term investors and you should not purchase the common shares if you intend to sell them
soon after purchase.&lt;/span&gt;&lt;/p&gt;

&lt;p style="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-indent: 0.75in"&gt;&lt;span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/p&gt;

&lt;p style="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-indent: 0.75in"&gt;&lt;span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"&gt;Subject
to the rights of the outstanding preferred shares, the Fund&#x2019;s common shares vote as a single class on election of Directors
and on additional matters with respect to which the 1940 Act, Maryland law, the Fund&#x2019;s Charter, Bylaws or resolutions adopted
by the Board provide for a vote of the Fund&#x2019;s common shares. See &#x201c;Certain Provisions of the Maryland General Corporation
Law and Our Charter and Bylaws.&#x201d;&lt;/span&gt;&lt;/p&gt;

&lt;p style="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-indent: 0.75in"&gt;&lt;span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/p&gt;

&lt;p style="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-indent: 0.75in"&gt;&lt;span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"&gt;The
Fund is a diversified,&#160;closed-end&#160;management investment company and as such its shareholders do not, and will not, have
the right to require the Fund to repurchase their shares. The Fund, however, may repurchase its common shares from time to time
as and when it deems such a repurchase advisable, subject to maintaining required asset coverage for each series of outstanding
preferred shares. The Board has authorized such repurchases to be made when the Fund&#x2019;s common shares are trading at a discount
from net asset value of 10% or more (or such other percentage as the Board of the Fund may determine from time to time). Pursuant
to the 1940 Act, the Fund may repurchase its common shares on a securities exchange (provided that the Fund has informed its shareholders
within the preceding six months of its intention to repurchase such shares) or pursuant to tenders and may also repurchase shares
privately if the Fund meets certain conditions regarding, among other things, distribution of net income for the preceding fiscal
year, status of the seller, price paid, brokerage commissions, prior notice to shareholders of an intention to purchase shares
and purchasing in a manner and on a basis that does not discriminate unfairly against the other shareholders through their interest
in the Fund.&lt;/span&gt;&lt;/p&gt;

&lt;p style="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-indent: 0.75in"&gt;&lt;span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/p&gt;

&lt;p style="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-indent: 0.75in"&gt;&lt;span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"&gt;When
the Fund repurchases its common shares for a price below net asset value, the net asset value of the common shares that remain
outstanding will be enhanced, but this does not necessarily mean that the market price of the outstanding common shares will be
affected, either positively or negatively. The repurchase of common shares will reduce the total assets of the Fund available
for investment and may increase the Fund&#x2019;s expense ratio. During the fiscal period ended September 30, 2023 and the year
ended December&#160;31, 2022, the Fund did not repurchase and retire any shares in the open market.&lt;/span&gt;&lt;/p&gt;

&lt;p style="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-indent: 0.75in"&gt;&lt;span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/p&gt;

&lt;p style="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0"&gt;&lt;span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"&gt;&lt;i&gt;Book-Entry&lt;/i&gt;&lt;/span&gt;&lt;/p&gt;

&lt;p style="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0"&gt;&lt;span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/p&gt;

&lt;p style="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-indent: 0.75in"&gt;&lt;span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"&gt;The
common shares will initially be held in the name of Cede&#160;&amp;amp; Co. as nominee for the Depository Trust&#160;Company (&#x201c;DTC&#x201d;).
The Fund will treat Cede&#160;&amp;amp; Co. as the holder of record of the common shares for all purposes. In accordance with the
procedures of DTC, however, purchasers of common shares will be deemed the beneficial owners of shares of common stock purchased
for purposes of distributions, voting and liquidation rights.&lt;/span&gt;&lt;/p&gt;

&lt;p style="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-indent: 0.75in"&gt;&lt;span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/p&gt;

&lt;p style="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0"&gt;&lt;span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"&gt;&lt;b&gt;Preferred
Shares&lt;/b&gt;&lt;/span&gt;&lt;/p&gt;

&lt;p style="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0"&gt;&lt;span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/p&gt;

&lt;p style="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-indent: 0.75in"&gt;&lt;span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"&gt;Under
the Fund&#x2019;s Charter, the Board of Directors has the authority to classify or reclassify the Fund&#x2019;s 1,000,000,000 authorized
shares of capital stock as preferred shares. The terms of such preferred shares may be fixed by the Board and would materially
limit and/or qualify the rights of the holders of the Fund&#x2019;s common shares.&lt;/span&gt;&lt;/p&gt;

&lt;p style="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-indent: 0.75in"&gt;&lt;span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/p&gt;

&lt;p style="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-indent: 0.75in"&gt;&lt;span style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;/span&gt;&lt;/p&gt;





&lt;p style="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-indent: 0.75in"&gt;&lt;span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"&gt;As
of March 31, 2024, the Fund had outstanding &lt;span id="xdx_90D_ecef--OutstandingSecurityNotHeldShares_c20240331__20240331__us-gaap--StatementClassOfStockAxis__custom--SeriesGCumulativePreferredStockMember_z5YcK7aVyArc"&gt;640,000&lt;/span&gt; Series G Preferred Shares. Distributions on the Series G Preferred accumulate
at an annual rate of 5.200% of the liquidation preference of &lt;span id="xdx_907_eus-gaap--PreferredStockLiquidationPreference_iI_c20240331__us-gaap--StatementClassOfStockAxis__custom--SeriesGCumulativePreferredStockMember_zN1rOw3SBKJ4"&gt;$10.00&lt;/span&gt; per share, are cumulative from the date of original issuance
thereof, and are payable quarterly on March&#160;26, June&#160;26, September&#160;26 and December&#160;26 of each year. The Series
G Preferred is subject to mandatory redemption by the Fund on June 26, 2025, unless earlier redeemed or repurchased by the Fund.
The Series G Preferred was issued in a private placement and is not listed on any exchange.&lt;/span&gt;&lt;/p&gt;

&lt;p style="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-indent: 0.75in"&gt;&lt;span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/p&gt;

&lt;p style="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-indent: 0.75in"&gt;&lt;span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"&gt;If
the Fund publicly issues additional preferred shares, it will pay dividends to the holders of the preferred shares at a fixed
rate, as described in a Prospectus Supplement accompanying each preferred share offering.&lt;/span&gt;&lt;/p&gt;

&lt;p style="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-indent: 0.75in"&gt;&lt;span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/p&gt;

&lt;p style="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-indent: 0.75in"&gt;&lt;span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"&gt;Upon
a liquidation, each holder of the preferred shares will be entitled to receive out of the assets of the Fund available for distribution
to shareholders (after payment of claims of the Fund&#x2019;s creditors but before any distributions with respect to the Fund&#x2019;s
common shares or any other shares of the Fund ranking junior to the preferred shares as to liquidation payments) an amount per
share equal to such share&#x2019;s liquidation preference plus any accumulated but unpaid distributions (whether or not earned
or declared, excluding interest thereon) to the date of distribution, and such shareholders shall be entitled to no further participation
in any distribution or payment in connection with such liquidation. Each series of the preferred shares will rank on a parity
with any other series of preferred shares of the Fund as to the payment of distributions and the distribution of assets upon liquidation,
and will be junior to the Fund&#x2019;s obligations with respect to any outstanding senior securities representing debt. The preferred
shares carry one vote per share on all matters on which such shares are entitled to vote. The preferred shares will, upon issuance,
be fully paid and nonassessable and will have no preemptive, exchange or conversion rights. The Board may by resolution classify
or reclassify any authorized but unissued capital shares of the Fund from time to time by setting or changing the preferences,
conversion or other rights, voting powers, restrictions, limitations as to distributions or terms or conditions of redemption.
The Fund will not issue any class of shares senior to the preferred shares.&lt;/span&gt;&lt;/p&gt;

&lt;p style="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-indent: 0.75in"&gt;&lt;span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/p&gt;

&lt;p style="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-indent: 0.75in"&gt;&lt;span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"&gt;&lt;i&gt;Redemption,
Purchase and Sale of Preferred Shares&#160;by the Fund.&lt;/i&gt;&#160;The terms of any preferred shares are expected to provide that
(i)&#160;they are redeemable by the Fund at any time (either after the date of initial issuance, or after some period of time
following initial issuance) in whole or in part at the original purchase price per share plus accumulated dividends per share,
(ii)&#160;the Fund may tender for or purchase preferred shares and (iii)&#160;the Fund may subsequently resell any shares so tendered
for or purchased. Any redemption or purchase of preferred shares by the Fund will reduce the leverage applicable to the common
shares, while any resale of preferred shares by the Fund will increase that leverage.&lt;/span&gt;&lt;/p&gt;

&lt;p style="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-indent: 0.75in"&gt;&lt;span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/p&gt;

&lt;p style="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-indent: 0.75in"&gt;&lt;span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"&gt;&lt;i&gt;Rating
Agency Guidelines.&#160;&lt;/i&gt;The Series G Preferred Shares are not rated by any rating agency. Upon issuance, any new publicly
issued series of preferred shares may be rated by Moody&#x2019;s or Fitch, in which case the following description of rating agency
guidelines would become applicable.&lt;/span&gt;&lt;/p&gt;

&lt;p style="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-indent: 0.75in"&gt;&lt;span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/p&gt;

&lt;p style="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-indent: 0.75in"&gt;&lt;span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"&gt;The
Fund expects that it would be required under any applicable rating agency guidelines to maintain assets having in the aggregate
a discounted value at least equal to the Basic Maintenance Amount (as defined in the applicable organizational documents for each
series of preferred shares) for its outstanding preferred shares with respect to the separate guidelines Moody&#x2019;s and Fitch
has each established for determining discounted value. To the extent any particular portfolio holding does not satisfy the applicable
rating agency&#x2019;s guidelines, all or a portion of such holding&#x2019;s value will not be included in the calculation of discounted
value (as defined by such rating agency). The Moody&#x2019;s and Fitch guidelines would also impose certain diversification requirements
and industry concentration limitations on the Fund&#x2019;s overall portfolio, and apply specified discounts to securities held
by the Fund (except certain money market securities). The &#x201c;Basic Maintenance Amount&#x201d; is calculated as set out in the
organizational documents for each series of preferred shares.&lt;/span&gt;&lt;/p&gt;

&lt;p style="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-indent: 0.75in"&gt;&lt;span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/p&gt;

&lt;p style="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-indent: 0.75in"&gt;&lt;span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"&gt;The
&#x201c;Basic Maintenance Amount&#x201d; is generally equal to (a)&#160;the sum of (i)&#160;the aggregate liquidation preference
of any preferred shares then outstanding plus (to the extent not included in the liquidation preference of such preferred shares)
an amount equal to the aggregate accumulated but unpaid distributions (whether or not earned or declared) in respect of such preferred
shares, (ii)&#160;the Fund&#x2019;s other liabilities (excluding dividends and other distributions payable on the Fund&#x2019;s
common shares) and (iii)&#160;any other current liabilities of the Fund (including amounts due and payable by the Fund pursuant
to reverse repurchase agreements and payables for assets purchased) less (b)&#160;the value of the Fund&#x2019;s assets if such
assets are either cash or evidences of indebtedness which mature prior to or on the date of redemption or repurchase of preferred
shares or payment of another liability and are either U.S. government securities or evidences of indebtedness rated at least &#x201c;Aaa,&#x201d;&#160;&#x201c;P-1&#x201d;,&#160;&#x201c;VMIG-1&#x201d;&#160;or&#160;&#x201c;MIG-1&#x201d;&#160;by
Moody&#x2019;s or &#x201c;AAA&#x201d;,&#160;&#x201c;SP-1+&#x201d;&#160;or&#160;&#x201c;A-1+&#x201d;&#160;by S&amp;amp;P and are held by the
Fund for distributions, the redemption or repurchase of preferred shares or the Fund&#x2019;s liabilities.&lt;/span&gt;&lt;/p&gt;

&lt;p style="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-indent: 0.75in"&gt;&lt;span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/p&gt;

&lt;p style="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-indent: 0.75in"&gt;&lt;span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"&gt;If
the Fund does not cure in a timely manner a failure to maintain a discounted value of its portfolio equal to the Basic Maintenance
Amount in accordance with the requirements of any applicable rating agency or agencies then rating the preferred shares at the
request of the Fund, the Fund may, and in certain circumstances would be required to, mandatorily redeem preferred shares.&lt;/span&gt;&lt;/p&gt;

&lt;p style="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-indent: 0.75in"&gt;&lt;span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/p&gt;

&lt;p style="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-indent: 0.75in"&gt;&lt;span style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;/span&gt;&lt;/p&gt;





&lt;p style="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-indent: 0.75in"&gt;&lt;span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"&gt;The
Fund may, but would not be required to, adopt any modifications to the rating agency guidelines that may be established by Moody&#x2019;s
and Fitch (or such other rating agency then rating the preferred shares at the request of the Fund) following the issuance of
any such rated preferred shares. Failure to adopt any such modifications, however, may result in a change in the relevant rating
agency&#x2019;s ratings or a withdrawal of such ratings altogether. In addition, any rating agency providing a rating for the preferred
shares at the request of the Fund may, at any time, change or withdraw any such rating. The Board, without further action by shareholders,
would be expected to be able to amend, alter, add to or repeal any provision of a Articles Supplementary adopted pursuant to rating
agency guidelines if the Board determines that such amendments or modifications are necessary to prevent a reduction in, or the
withdrawal of, a rating of the preferred shares and are in the aggregate in the best interests of the holders of the preferred
shares. Additionally, the Board, without further action by the shareholders, would be expected to be able to amend, alter, add
to or repeal any provision of any Articles Supplementary adopted pursuant to rating agency guidelines if the Board determines
that such amendments or modifications will not in the aggregate adversely affect the rights and preferences of the holders of
any series of the preferred shares, provided that the Fund has received advice from each applicable rating agency that such amendment
or modification is not expected to adversely affect such rating agency&#x2019;s then-current rating of such series of the Fund&#x2019;s
preferred shares.&lt;/span&gt;&lt;/p&gt;

&lt;p style="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-indent: 0.75in"&gt;&lt;span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/p&gt;

&lt;p style="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-indent: 0.75in"&gt;&lt;span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"&gt;As
described by Moody&#x2019;s and Fitch, any ratings assigned to the preferred shares are assessments of the capacity and willingness
of the Fund to pay the obligations of each series of the preferred shares. Any ratings on the preferred shares are not recommendations
to purchase, hold or sell shares of any series, inasmuch as the ratings do not comment as to market price or suitability for a
particular investor. The rating agency guidelines also do not address the likelihood that an owner of preferred shares will be
able to sell such shares on an exchange, in an auction or otherwise. Any ratings would be based on current information furnished
to Moody&#x2019;s and Fitch by the Fund and the Investment Adviser and information obtained from other sources. Any ratings may
be changed, suspended or withdrawn as a result of changes in, or the unavailability of, such information.&lt;/span&gt;&lt;/p&gt;

&lt;p style="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-indent: 0.75in"&gt;&lt;span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/p&gt;

&lt;p style="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-indent: 0.75in"&gt;&lt;span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"&gt;The
rating agency guidelines would apply to the preferred shares, as the case may be, only so long as such rating agency is rating
such shares at the request of the Fund. The Fund expects that it would pay fees to Moody&#x2019;s and Fitch for rating any preferred
shares.&lt;/span&gt;&lt;/p&gt;

&lt;p style="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-indent: 0.75in"&gt;&lt;span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/p&gt;

&lt;p style="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-indent: 0.75in"&gt;&lt;span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"&gt;&lt;i&gt;Asset
Maintenance Requirements.&lt;/i&gt;&#160;In addition to the requirements summarized under &#x201c;&#x2014;Rating Agency Guidelines&#x201d;
above, the Fund must also satisfy asset maintenance requirements under the 1940 Act with respect to its preferred shares. Under
the 1940 Act, such debt or additional preferred shares may be issued only if immediately after such issuance the value of the
Fund&#x2019;s total assets (less ordinary course liabilities) is at least 300% of the amount of any debt outstanding and at least
200% of the amount of any preferred shares and debt outstanding.&lt;/span&gt;&lt;/p&gt;

&lt;p style="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-indent: 0.75in"&gt;&lt;span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/p&gt;

&lt;p style="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-indent: 0.75in"&gt;&lt;span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"&gt;The
Fund is and likely will be required under the Articles Supplementary of each series of preferred shares to determine whether it
has, as of the last business day of each March, June, September and December of each year, an &#x201c;asset coverage&#x201d; (as
defined in the 1940 Act) of at least 200% (or such higher or lower percentage as may be required at the time under the 1940 Act)
with respect to all outstanding senior securities of the Fund that are debt or stock, including any outstanding preferred shares.
If the Fund fails to maintain the asset coverage required under the 1940 Act on such dates and such failure is not cured by a
specific time (generally within 60 calendar days or 49 calendar days), the Fund may, and in certain circumstances will be required
to, mandatorily redeem preferred shares sufficient to satisfy such asset coverage. See &#x201c;&#x2014;Redemption Procedures&#x201d;
below.&lt;/span&gt;&lt;/p&gt;

&lt;p style="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-indent: 0.75in"&gt;&lt;span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/p&gt;

&lt;p style="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-indent: 0.75in"&gt;&lt;span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"&gt;&lt;i&gt;Distributions.&lt;/i&gt;&#160;Holders
of any preferred shares are or will be entitled to receive, when, as and if authorized by the Board and declared by the Fund,
out of funds legally available therefor, cumulative cash distributions, at an annual rate set forth in the applicable Articles
Supplementary or Prospectus Supplement, payable with such frequency as set forth in the applicable Articles Supplementary or Prospectus
Supplement. Such distributions will accumulate from the date on which such shares are issued.&lt;/span&gt;&lt;/p&gt;

&lt;p style="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-indent: 0.75in"&gt;&lt;span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/p&gt;

&lt;p id="xdx_840_ecef--PreferredStockRestrictionsOtherTextBlock_hus-gaap--StatementClassOfStockAxis__custom--CumulativePreferredStocksMember_dU_zcTmwKbtQaSj" style="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-indent: 0.75in"&gt;&lt;span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"&gt;&lt;i&gt;Restrictions
on Dividends and Other Distributions for the Preferred Shares.&#160;&lt;/i&gt;So long as any preferred shares are outstanding, the Fund
may not pay any dividend or distribution (other than a dividend or distribution paid in common shares or in options, warrants
or rights to subscribe for or purchase common shares) in respect of the common shares or call for redemption, redeem, purchase
or otherwise acquire for consideration any common shares (except by conversion into or exchange for shares of the Fund ranking
junior to the preferred shares as to the payment of dividends or distributions and the distribution of assets upon liquidation),
unless:&lt;/span&gt;&lt;/p&gt;

&lt;p style="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-indent: 0.75in"&gt;&lt;span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/p&gt;

&lt;table cellpadding="0" cellspacing="0" style="font: 10pt Arial, Helvetica, Sans-Serif; width: 100%; margin-top: 0pt; margin-bottom: 0pt"&gt;&lt;tr style="vertical-align: top"&gt;
&lt;td style="width: 0.75in"&gt;&lt;/td&gt;&lt;td style="width: 0.25in"&gt;&lt;span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"&gt;&#x25cf;&lt;/span&gt;&lt;/td&gt;&lt;td&gt;&lt;span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"&gt;the
                                         Fund has declared and paid (or provided to the relevant dividend paying agent) all cumulative
                                         distributions on the Fund&#x2019;s outstanding preferred shares due on or prior to the
                                         date of such common shares dividend or distribution;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;&lt;/table&gt;

&lt;p style="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt"&gt;&lt;span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"&gt;&lt;/span&gt;&lt;/p&gt;

&lt;table cellpadding="0" cellspacing="0" style="font: 10pt Arial, Helvetica, Sans-Serif; width: 100%; margin-top: 0pt; margin-bottom: 0pt"&gt;&lt;tr style="vertical-align: top"&gt;
&lt;td style="width: 0.75in"&gt;&lt;/td&gt;&lt;td style="width: 0.25in"&gt;&lt;span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"&gt;&#x25cf;&lt;/span&gt;&lt;/td&gt;&lt;td&gt;&lt;span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"&gt;the
                                         Fund has redeemed the full number of preferred shares to be redeemed pursuant to any
                                         mandatory redemption provision in the Fund&#x2019;s Governing Documents; and&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;&lt;/table&gt;

&lt;p style="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt"&gt;&lt;/p&gt;

&lt;table cellpadding="0" cellspacing="0" style="font: 10pt Arial, Helvetica, Sans-Serif; width: 100%; margin-top: 0pt; margin-bottom: 0pt"&gt;&lt;tr style="vertical-align: top"&gt;
&lt;td style="width: 0.75in"&gt;&lt;/td&gt;&lt;td style="width: 0.25in"&gt;&lt;span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"&gt;&#x25cf;&lt;/span&gt;&lt;/td&gt;&lt;td&gt;&lt;span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"&gt;after
                                         making the distribution, the Fund meets applicable asset coverage requirements described
                                         under &#x201c;Preferred Shares&#x2014;Rating Agency Guidelines&#x201d; and &#x201c;&#x2014;Asset
                                         Maintenance Requirements.&#x201d;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;&lt;/table&gt;

&lt;p style="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt"&gt;&#160;&lt;/p&gt;

&lt;p style="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt"&gt;&lt;/p&gt;





&lt;p style="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-indent: 0.75in"&gt;&lt;span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"&gt;No
complete distribution due for a particular dividend period will be declared or made on any series of preferred shares for any
dividend period, or part thereof, unless full cumulative distributions due through the most recent dividend payment dates therefore
for all outstanding series of preferred shares of the Fund ranking on a parity with such series as to distributions have been
or contemporaneously are declared and made. If full cumulative distributions due have not been made on all outstanding preferred
shares of the Fund ranking on a parity with such series of preferred shares as to the payment of distributions, any distributions
being paid on the preferred shares will be paid as nearly pro rata as possible in proportion to the respective amounts of distributions
accumulated but unmade on each such series of preferred shares on the relevant dividend payment date. The Fund&#x2019;s obligation
to make distributions on the preferred shares will be subordinate to its obligations to pay interest and principal, when due,
on any senior securities representing debt.&lt;/span&gt;&lt;/p&gt;

&lt;p id="xdx_85D_zFtlySvccmcb" style="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-indent: 0.75in"&gt;&lt;span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/p&gt;

&lt;p style="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-indent: 0.75in"&gt;&lt;span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"&gt;&lt;i&gt;Mandatory
Redemption&#160;Relating to Asset Coverage Requirements.&lt;/i&gt;&#160;The Fund may, at its option, consistent with the Governing Documents
and the 1940 Act, and in certain circumstances will be required to, mandatorily redeem preferred shares in the event that:&lt;/span&gt;&lt;/p&gt;

&lt;p style="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-indent: 0.75in"&gt;&lt;span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/p&gt;

&lt;table cellpadding="0" cellspacing="0" style="font: 10pt Arial, Helvetica, Sans-Serif; width: 100%; margin-top: 0pt; margin-bottom: 0pt"&gt;&lt;tr style="vertical-align: top"&gt;
&lt;td style="width: 0.75in"&gt;&lt;/td&gt;&lt;td style="width: 0.25in"&gt;&lt;span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"&gt;&#x25cf;&lt;/span&gt;&lt;/td&gt;&lt;td&gt;&lt;span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"&gt;the
                                         Fund fails to maintain the asset coverage requirements specified under the 1940 Act on
                                         a quarterly valuation date (generally the last business day of March, June, September
                                         and December) and such failure is not cured on or before a specified period of time,
                                         following such failure; or&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;&lt;/table&gt;

&lt;p style="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt"&gt;&lt;span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"&gt;&lt;/span&gt;&lt;/p&gt;

&lt;table cellpadding="0" cellspacing="0" style="font: 10pt Arial, Helvetica, Sans-Serif; width: 100%; margin-top: 0pt; margin-bottom: 0pt"&gt;&lt;tr style="vertical-align: top"&gt;
&lt;td style="width: 0.75in"&gt;&lt;/td&gt;&lt;td style="width: 0.25in"&gt;&lt;span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"&gt;&#x25cf;&lt;/span&gt;&lt;/td&gt;&lt;td&gt;&lt;span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"&gt;the
                                         Fund fails to maintain the asset coverage requirements as calculated in accordance with
                                         any applicable rating agency guidelines as of any monthly valuation date (generally the
                                         last business day of each month), and such failure is not cured on or before a specified
                                         period of time after such valuation date.&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;&lt;/table&gt;

&lt;p style="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt"&gt;&lt;span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/p&gt;

&lt;p style="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-indent: 0.75in"&gt;&lt;span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"&gt;The
redemption price for preferred shares subject to mandatory redemption will generally be the liquidation preference, as stated
in the Articles Supplementary for the Series E Preferred or the Prospectus Supplement accompanying the issuance of any series
of preferred shares, plus an amount equal to any accumulated but unpaid distributions (whether or not earned or declared) to the
date fixed for redemption, plus any applicable redemption premium determined by the Board and included in the Articles Supplementary.&lt;/span&gt;&lt;/p&gt;

&lt;p style="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-indent: 0.75in"&gt;&lt;span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/p&gt;

&lt;p style="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-indent: 0.75in"&gt;&lt;span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"&gt;The
number of preferred shares that will be redeemed in the case of a mandatory redemption will equal the minimum number of outstanding
preferred shares, the redemption of which, if such redemption had occurred immediately prior to the opening of business on the
applicable cure date, would have resulted in the relevant asset coverage requirement having been met or, if the required asset
coverage cannot be so restored, all of the preferred shares. In the event that preferred shares are redeemed due to a failure
to satisfy the 1940 Act asset coverage requirements, the Fund may, but is not required to, redeem a sufficient number of preferred
shares so that the Fund&#x2019;s assets exceed the asset coverage requirements under the 1940 Act after the redemption by 10% (that
is, 220% asset coverage) or some other amount specified in the Articles Supplementary. In the event that preferred shares are
redeemed due to a failure to satisfy applicable rating agency guidelines, the Fund may, but is not required to, redeem a sufficient
number of preferred shares so that the Fund&#x2019;s discounted portfolio value (as determined in accordance with the applicable
rating agency guidelines) after redemption exceeds the asset coverage requirements of each applicable rating agency by up to 10%
(that is, 110% rating agency asset coverage) or some other amount specified in the Articles Supplementary.&lt;/span&gt;&lt;/p&gt;

&lt;p style="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-indent: 0.75in"&gt;&lt;span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/p&gt;

&lt;p style="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-indent: 0.75in"&gt;&lt;span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"&gt;If
the Fund does not have funds legally available for the redemption of, or is otherwise unable to redeem, all the preferred shares
to be redeemed on any redemption date, the Fund will redeem on such redemption date that number of shares for which it has legally
available funds, or is otherwise able to redeem, from the holders whose shares are to be redeemed ratably on the basis of the
redemption price of such shares, and the remainder of those shares to be redeemed will be redeemed on the earliest practicable
date on which the Fund will have funds legally available for the redemption of, or is otherwise able to redeem, such shares upon
written notice of redemption.&lt;/span&gt;&lt;/p&gt;

&lt;p style="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-indent: 0.75in"&gt;&lt;span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/p&gt;

&lt;p style="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-indent: 0.75in"&gt;&lt;span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"&gt;If
fewer than all of the Fund&#x2019;s outstanding preferred shares are to be redeemed, the Fund, at its discretion and subject to
the limitations of the Governing Documents, the 1940 Act and applicable law, will select the one or more series of preferred shares
from which shares will be redeemed and the amount of preferred shares to be redeemed from each such series. If fewer than all
preferred shares of a series are to be redeemed, such redemption will be made as among the holders of that series pro rata in
accordance with the respective number of shares of such series held by each such holder on the record date for such redemption
(or by such other equitable method as the Fund may determine). If fewer than all the preferred shares held by any holder are to
be redeemed, the notice of redemption mailed to such holder will specify the number of shares to be redeemed from such holder,
which may be expressed as a percentage of shares held on the applicable record date.&lt;/span&gt;&lt;/p&gt;

&lt;p style="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-indent: 0.75in"&gt;&lt;span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/p&gt;

&lt;p style="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-indent: 0.75in"&gt;&lt;span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"&gt;&lt;i&gt;Optional
Redemption.&lt;/i&gt;&#160;Preferred shares are not subject to optional redemption by the Fund until the date, if any, specified in
the applicable Prospectus Supplement, unless such redemption is necessary, in the judgment of the Fund, to maintain the Fund&#x2019;s
status as a RIC under the Code. Commencing on such date and thereafter, the Fund may at any time redeem such fixed rate preferred
shares in whole or in part for cash at a redemption price per share equal to the initial liquidation preference per share plus
accumulated and unpaid distributions (whether or not earned or declared) to the redemption date plus any premium specified in
or pursuant to the Articles Supplementary. Such redemptions are subject to the notice requirements set forth under &#x201c;&#x2014;Redemption
Procedures&#x201d; and the limitations of the Governing Documents and 1940 Act.&lt;/span&gt;&lt;/p&gt;

&lt;p style="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-indent: 0.75in"&gt;&lt;span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/p&gt;

&lt;p style="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-indent: 0.75in"&gt;&lt;span style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;/span&gt;&lt;/p&gt;





&lt;p style="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-indent: 0.75in"&gt;&lt;span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"&gt;&lt;i&gt;Redemption
Procedures.&#160;&lt;/i&gt;A notice of redemption with respect to an optional redemption will be given to the holders of record of preferred
shares selected for redemption not less than 15 days (subject to NYSE requirements), nor more than 40 days prior to the date fixed
for redemption. Preferred shareholders may receive shorter notice in the event of a mandatory redemption. Each notice of redemption
will state (i)&#160;the redemption date, (ii)&#160;the number or percentage of preferred shares to be redeemed (which may be expressed
as a percentage of such shares outstanding), (iii) the CUSIP number(s) of such shares, (iv)&#160;the redemption price (specifying
the amount of accumulated distributions to be included therein), (v) the place or places where such shares are to be redeemed,
(vi)&#160;that dividends or distributions on the shares to be redeemed will cease to accumulate on such redemption date, (vii)&#160;the
provision of the Articles Supplementary, as applicable, under which the redemption is being made and (viii)&#160;any conditions
precedent to such redemption. No defect in the notice of redemption or in the mailing thereof will affect the validity of the
redemption proceedings, except as required by applicable law.&lt;/span&gt;&lt;/p&gt;

&lt;p style="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-indent: 0.75in"&gt;&lt;span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/p&gt;

&lt;p style="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-indent: 0.75in"&gt;&lt;span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"&gt;The
holders of any preferred shares will not have the right to redeem any of their shares at their option except to the extent specified
in the Articles Supplementary.&lt;/span&gt;&lt;/p&gt;

&lt;p style="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-indent: 0.75in"&gt;&lt;span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/p&gt;

&lt;p id="xdx_84F_ecef--SecurityLiquidationRightsTextBlock_hus-gaap--StatementClassOfStockAxis__custom--CumulativePreferredStocksMember_dU_zwVC0skbYV63" style="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-indent: 0.75in"&gt;&lt;span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"&gt;&lt;i&gt;Liquidation
Preference&lt;b&gt;.&#160;&lt;/b&gt;&lt;/i&gt;In the event of any voluntary or involuntary liquidation, dissolution or winding up of the affairs
of the Fund, the holders of preferred shares then outstanding will be entitled to receive a preferential liquidating distribution,
which is expected to equal the original purchase price per preferred share plus accumulated and unpaid dividends, whether or not
declared, before any distribution of assets is made to holders of common shares. After payment of the full amount of the liquidating
distribution to which they are entitled, the holders of preferred shares will not be entitled to any further participation in
any distribution of assets by the Fund.&lt;/span&gt;&lt;/p&gt;

&lt;p id="xdx_85E_zD13858v4DD4" style="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-indent: 0.75in"&gt;&lt;span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/p&gt;

&lt;p id="xdx_84D_ecef--SecurityVotingRightsTextBlock_hus-gaap--StatementClassOfStockAxis__custom--CumulativePreferredStocksMember_dU_zAT5y0h7Ole1" style="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-indent: 0.75in"&gt;&lt;span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"&gt;&lt;i&gt;Voting
Rights.&lt;/i&gt;&#160;Except as otherwise stated in this Prospectus, specified in the Governing Documents or resolved by the Board
or as otherwise required by applicable law, holders of preferred shares shall be entitled to one vote per share held on each matter
submitted to a vote of the shareholders of the Fund and will vote together with holders of common shares and of any other preferred
shares then outstanding as a single class.&lt;/span&gt;&lt;/p&gt;

&lt;p style="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-indent: 0.75in"&gt;&lt;span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/p&gt;

&lt;p style="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-indent: 0.75in"&gt;&lt;span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"&gt;In
connection with the election of the Fund&#x2019;s Directors, holders of the outstanding preferred shares, voting together as a
single class, will be entitled to elect two of the Fund&#x2019;s Directors, and the remaining Directors will be elected by holders
of common shares and holders of preferred shares, voting together as a single class. In addition, if (i)&#160;at any time dividends
and distributions on outstanding preferred shares are unpaid in an amount equal to at least two full years&#x2019; dividends and
distributions thereon and sufficient cash or specified securities have not been deposited with the applicable paying agent for
the payment of such accumulated dividends and distributions or (ii)&#160;at any time holders of any other series of preferred
shares are entitled to elect a majority of the Directors of the Fund under the 1940 Act or the applicable Articles Supplementary
creating such shares, then the number of Directors constituting the Board automatically will be increased by the smallest number
that, when added to the two Directors elected exclusively by the holders of preferred shares as described above, would then constitute
a simple majority of the Board as so increased by such smallest number. Such additional Directors will be elected by the holders
of the outstanding preferred shares, voting together as a single class, at a special meeting of shareholders which will be called
as soon as practicable and will be held not less than ten nor more than twenty days after the mailing date of the meeting notice.
If the Fund fails to send such meeting notice or to call such a special meeting, the meeting may be called by any preferred shareholder
on like notice. The terms of office of the persons who are Directors at the time of that election will continue. If the Fund thereafter
pays, or declares and sets apart for payment in full, all dividends and distributions payable on all outstanding preferred shares
for all past dividend periods or the holders of other series of preferred shares are no longer entitled to elect such additional
Directors, the additional voting rights of the holders of the preferred shares as described above will cease, and the terms of
office of all of the additional Directors elected by the holders of the preferred shares (but not of the Directors with respect
to whose election the holders of common shares were entitled to vote or the two Directors the holders of preferred shares have
the right to elect as a separate class in any event) will terminate automatically.&lt;/span&gt;&lt;/p&gt;

&lt;p style="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-indent: 0.75in"&gt;&lt;span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/p&gt;

&lt;p style="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-indent: 0.75in"&gt;&lt;span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"&gt;The
1940 Act requires that in addition to any approval by shareholders that might otherwise be required, the approval of the holders
of a majority of any outstanding preferred shares (as defined in the 1940 Act), voting separately as a class, would be required
to (i)&#160;adopt any plan of reorganization that would adversely affect the preferred shares, and (ii)&#160;take any action requiring
a vote of security holders under Section&#160;13(a) of the 1940 Act, including, among other things, changes in the Fund&#x2019;s
subclassification as a&#160;closed-end&#160;investment company to an&#160;open-end&#160;company or changes in its fundamental
investment restrictions. As a result of these voting rights, the Fund&#x2019;s ability to take any such actions may be impeded
to the extent that there are any preferred shares outstanding. Additionally, the affirmative vote of the holders of a majority
of the outstanding preferred shares (as defined in the 1940 Act), voting as a separate class, will be required to amend, alter
or repeal any of the provisions of the Articles Supplementary so as to in the aggregate adversely affect the rights and preferences
set forth in the Articles Supplementary The class vote of holders of preferred shares described above will in each case be in
addition to any other vote required to authorize the action in question.&lt;/span&gt;&lt;/p&gt;

&lt;p style="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-indent: 0.75in"&gt;&lt;span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/p&gt;

&lt;p style="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-indent: 0.75in"&gt;&lt;span style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;/span&gt;&lt;/p&gt;





&lt;p style="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-indent: 0.75in"&gt;&lt;span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"&gt;The
foregoing voting provisions will not apply to any preferred shares if, at or prior to the time when the act with respect to which
such vote otherwise would be required will be effected, such shares will have been redeemed or called for redemption and sufficient
cash or cash equivalents provided to the applicable paying agent to effect such redemption. The holders of preferred shares will
have no preemptive rights or rights to cumulative voting.&lt;/span&gt;&lt;/p&gt;

&lt;p id="xdx_851_zfIyqdFylNSl" style="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-indent: 0.75in"&gt;&lt;span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/p&gt;

&lt;p style="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-indent: 0.75in"&gt;&lt;span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"&gt;&lt;i&gt;Limitation
on Issuance of Preferred Shares.&lt;/i&gt;&#160;So long as the Fund has preferred shares outstanding, subject to receipt of approval
from the rating agencies of each series of preferred shares outstanding, and subject to compliance with the Fund&#x2019;s investment
objective, policies and restrictions, the Fund may issue and sell shares of one or more other series of additional preferred shares
provided that the Fund will, immediately after giving effect to the issuance of such additional preferred shares and to its receipt
and application of the proceeds thereof (including, without limitation, to the redemption of preferred shares to be redeemed out
of such proceeds), have an &#x201c;asset coverage&#x201d; for all senior securities of the Fund which are stock, as defined in the
1940 Act, of at least 200% of the sum of the liquidation preference of the preferred shares of the Fund then outstanding and all
indebtedness of the Fund constituting senior securities and no such additional preferred shares will have any preference or priority
over any other preferred shares of the Fund upon the distribution of the assets of the Fund or in respect of the payment of dividends
or distributions.&lt;/span&gt;&lt;/p&gt;

&lt;p style="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-indent: 0.75in"&gt;&lt;span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/p&gt;

&lt;p style="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-indent: 0.75in"&gt;&lt;span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"&gt;The
Fund will consider from time to time whether to offer additional preferred shares or securities representing indebtedness and
may issue such additional securities if the Board concludes that such an offering would be consistent with the Fund&#x2019;s Governing
Documents and applicable law, and in the best interest of the Fund and its existing common shareholders.&lt;/span&gt;&lt;/p&gt;

&lt;p style="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-indent: 0.75in"&gt;&lt;span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/p&gt;

&lt;p style="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-indent: 0.75in"&gt;&lt;span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"&gt;&lt;i&gt;Tenders
and Repurchases.&#160;&lt;/i&gt;In addition to the redemption provisions described herein, the Fund may also tender for or purchase
preferred shares (whether in private transactions or on the NYSE American) and the Fund may subsequently resell any shares so
tendered for or purchased, subject to the provisions of the Fund&#x2019;s Governing Documents and the 1940 Act.&lt;/span&gt;&lt;/p&gt;

&lt;p style="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-indent: 0.75in"&gt;&lt;span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/p&gt;

&lt;p style="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-indent: 0.75in"&gt;&lt;span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"&gt;&lt;i&gt;Book
Entry.&lt;/i&gt;&#160;Preferred shares may be held in the name of Cede&#160;&amp;amp; Co. as nominee for DTC. The Fund will treat Cede&#160;&amp;amp;
Co. as the holder of record of preferred shares for all purposes. In accordance with the procedures of DTC, however, purchasers
of Preferred Shares will be deemed the beneficial owners of stock purchased for purposes of dividends, voting and liquidation
rights.&lt;/span&gt;&lt;/p&gt;

</cef:CapitalStockTableTextBlock>
    <cef:OutstandingSecurityNotHeldShares
      contextRef="From2024-03-312024-03-31_custom_CommonStocksMember"
      decimals="INF"
      id="Fact000084"
      unitRef="Shares">19474744</cef:OutstandingSecurityNotHeldShares>
    <cef:OutstandingSecurityNotHeldShares
      contextRef="From2024-03-312024-03-31_custom_SeriesGCumulativePreferredStockMember"
      decimals="INF"
      id="Fact000087"
      unitRef="Shares">640000</cef:OutstandingSecurityNotHeldShares>
    <us-gaap:PreferredStockLiquidationPreference
      contextRef="AsOf2024-03-31_custom_SeriesGCumulativePreferredStockMember"
      decimals="INF"
      id="Fact000088"
      unitRef="USDPShares">10.00</us-gaap:PreferredStockLiquidationPreference>
    <cef:PreferredStockRestrictionsOtherTextBlock
      contextRef="From2024-07-112024-07-11_custom_CumulativePreferredStocksMember"
      id="Fact000091">&lt;p id="xdx_840_ecef--PreferredStockRestrictionsOtherTextBlock_hus-gaap--StatementClassOfStockAxis__custom--CumulativePreferredStocksMember_dU_zcTmwKbtQaSj" style="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-indent: 0.75in"&gt;&lt;span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"&gt;&lt;i&gt;Restrictions
on Dividends and Other Distributions for the Preferred Shares.&#160;&lt;/i&gt;So long as any preferred shares are outstanding, the Fund
may not pay any dividend or distribution (other than a dividend or distribution paid in common shares or in options, warrants
or rights to subscribe for or purchase common shares) in respect of the common shares or call for redemption, redeem, purchase
or otherwise acquire for consideration any common shares (except by conversion into or exchange for shares of the Fund ranking
junior to the preferred shares as to the payment of dividends or distributions and the distribution of assets upon liquidation),
unless:&lt;/span&gt;&lt;/p&gt;

&lt;p style="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-indent: 0.75in"&gt;&lt;span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/p&gt;

&lt;table cellpadding="0" cellspacing="0" style="font: 10pt Arial, Helvetica, Sans-Serif; width: 100%; margin-top: 0pt; margin-bottom: 0pt"&gt;&lt;tr style="vertical-align: top"&gt;
&lt;td style="width: 0.75in"&gt;&lt;/td&gt;&lt;td style="width: 0.25in"&gt;&lt;span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"&gt;&#x25cf;&lt;/span&gt;&lt;/td&gt;&lt;td&gt;&lt;span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"&gt;the
                                         Fund has declared and paid (or provided to the relevant dividend paying agent) all cumulative
                                         distributions on the Fund&#x2019;s outstanding preferred shares due on or prior to the
                                         date of such common shares dividend or distribution;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;&lt;/table&gt;

&lt;p style="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt"&gt;&lt;span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"&gt;&lt;/span&gt;&lt;/p&gt;

&lt;table cellpadding="0" cellspacing="0" style="font: 10pt Arial, Helvetica, Sans-Serif; width: 100%; margin-top: 0pt; margin-bottom: 0pt"&gt;&lt;tr style="vertical-align: top"&gt;
&lt;td style="width: 0.75in"&gt;&lt;/td&gt;&lt;td style="width: 0.25in"&gt;&lt;span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"&gt;&#x25cf;&lt;/span&gt;&lt;/td&gt;&lt;td&gt;&lt;span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"&gt;the
                                         Fund has redeemed the full number of preferred shares to be redeemed pursuant to any
                                         mandatory redemption provision in the Fund&#x2019;s Governing Documents; and&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;&lt;/table&gt;

&lt;p style="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt"&gt;&lt;/p&gt;

&lt;table cellpadding="0" cellspacing="0" style="font: 10pt Arial, Helvetica, Sans-Serif; width: 100%; margin-top: 0pt; margin-bottom: 0pt"&gt;&lt;tr style="vertical-align: top"&gt;
&lt;td style="width: 0.75in"&gt;&lt;/td&gt;&lt;td style="width: 0.25in"&gt;&lt;span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"&gt;&#x25cf;&lt;/span&gt;&lt;/td&gt;&lt;td&gt;&lt;span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"&gt;after
                                         making the distribution, the Fund meets applicable asset coverage requirements described
                                         under &#x201c;Preferred Shares&#x2014;Rating Agency Guidelines&#x201d; and &#x201c;&#x2014;Asset
                                         Maintenance Requirements.&#x201d;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;&lt;/table&gt;

&lt;p style="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt"&gt;&#160;&lt;/p&gt;

&lt;p style="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt"&gt;&lt;/p&gt;





&lt;p style="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-indent: 0.75in"&gt;&lt;span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"&gt;No
complete distribution due for a particular dividend period will be declared or made on any series of preferred shares for any
dividend period, or part thereof, unless full cumulative distributions due through the most recent dividend payment dates therefore
for all outstanding series of preferred shares of the Fund ranking on a parity with such series as to distributions have been
or contemporaneously are declared and made. If full cumulative distributions due have not been made on all outstanding preferred
shares of the Fund ranking on a parity with such series of preferred shares as to the payment of distributions, any distributions
being paid on the preferred shares will be paid as nearly pro rata as possible in proportion to the respective amounts of distributions
accumulated but unmade on each such series of preferred shares on the relevant dividend payment date. The Fund&#x2019;s obligation
to make distributions on the preferred shares will be subordinate to its obligations to pay interest and principal, when due,
on any senior securities representing debt.&lt;/span&gt;&lt;/p&gt;

</cef:PreferredStockRestrictionsOtherTextBlock>
    <cef:SecurityLiquidationRightsTextBlock
      contextRef="From2024-07-112024-07-11_custom_CumulativePreferredStocksMember"
      id="Fact000095">&lt;p id="xdx_84F_ecef--SecurityLiquidationRightsTextBlock_hus-gaap--StatementClassOfStockAxis__custom--CumulativePreferredStocksMember_dU_zwVC0skbYV63" style="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-indent: 0.75in"&gt;&lt;span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"&gt;&lt;i&gt;Liquidation
Preference&lt;b&gt;.&#160;&lt;/b&gt;&lt;/i&gt;In the event of any voluntary or involuntary liquidation, dissolution or winding up of the affairs
of the Fund, the holders of preferred shares then outstanding will be entitled to receive a preferential liquidating distribution,
which is expected to equal the original purchase price per preferred share plus accumulated and unpaid dividends, whether or not
declared, before any distribution of assets is made to holders of common shares. After payment of the full amount of the liquidating
distribution to which they are entitled, the holders of preferred shares will not be entitled to any further participation in
any distribution of assets by the Fund.&lt;/span&gt;&lt;/p&gt;

</cef:SecurityLiquidationRightsTextBlock>
    <cef:SecurityVotingRightsTextBlock
      contextRef="From2024-07-112024-07-11_custom_CumulativePreferredStocksMember"
      id="Fact000097">&lt;p id="xdx_84D_ecef--SecurityVotingRightsTextBlock_hus-gaap--StatementClassOfStockAxis__custom--CumulativePreferredStocksMember_dU_zAT5y0h7Ole1" style="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-indent: 0.75in"&gt;&lt;span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"&gt;&lt;i&gt;Voting
Rights.&lt;/i&gt;&#160;Except as otherwise stated in this Prospectus, specified in the Governing Documents or resolved by the Board
or as otherwise required by applicable law, holders of preferred shares shall be entitled to one vote per share held on each matter
submitted to a vote of the shareholders of the Fund and will vote together with holders of common shares and of any other preferred
shares then outstanding as a single class.&lt;/span&gt;&lt;/p&gt;

&lt;p style="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-indent: 0.75in"&gt;&lt;span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/p&gt;

&lt;p style="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-indent: 0.75in"&gt;&lt;span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"&gt;In
connection with the election of the Fund&#x2019;s Directors, holders of the outstanding preferred shares, voting together as a
single class, will be entitled to elect two of the Fund&#x2019;s Directors, and the remaining Directors will be elected by holders
of common shares and holders of preferred shares, voting together as a single class. In addition, if (i)&#160;at any time dividends
and distributions on outstanding preferred shares are unpaid in an amount equal to at least two full years&#x2019; dividends and
distributions thereon and sufficient cash or specified securities have not been deposited with the applicable paying agent for
the payment of such accumulated dividends and distributions or (ii)&#160;at any time holders of any other series of preferred
shares are entitled to elect a majority of the Directors of the Fund under the 1940 Act or the applicable Articles Supplementary
creating such shares, then the number of Directors constituting the Board automatically will be increased by the smallest number
that, when added to the two Directors elected exclusively by the holders of preferred shares as described above, would then constitute
a simple majority of the Board as so increased by such smallest number. Such additional Directors will be elected by the holders
of the outstanding preferred shares, voting together as a single class, at a special meeting of shareholders which will be called
as soon as practicable and will be held not less than ten nor more than twenty days after the mailing date of the meeting notice.
If the Fund fails to send such meeting notice or to call such a special meeting, the meeting may be called by any preferred shareholder
on like notice. The terms of office of the persons who are Directors at the time of that election will continue. If the Fund thereafter
pays, or declares and sets apart for payment in full, all dividends and distributions payable on all outstanding preferred shares
for all past dividend periods or the holders of other series of preferred shares are no longer entitled to elect such additional
Directors, the additional voting rights of the holders of the preferred shares as described above will cease, and the terms of
office of all of the additional Directors elected by the holders of the preferred shares (but not of the Directors with respect
to whose election the holders of common shares were entitled to vote or the two Directors the holders of preferred shares have
the right to elect as a separate class in any event) will terminate automatically.&lt;/span&gt;&lt;/p&gt;

&lt;p style="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-indent: 0.75in"&gt;&lt;span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/p&gt;

&lt;p style="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-indent: 0.75in"&gt;&lt;span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"&gt;The
1940 Act requires that in addition to any approval by shareholders that might otherwise be required, the approval of the holders
of a majority of any outstanding preferred shares (as defined in the 1940 Act), voting separately as a class, would be required
to (i)&#160;adopt any plan of reorganization that would adversely affect the preferred shares, and (ii)&#160;take any action requiring
a vote of security holders under Section&#160;13(a) of the 1940 Act, including, among other things, changes in the Fund&#x2019;s
subclassification as a&#160;closed-end&#160;investment company to an&#160;open-end&#160;company or changes in its fundamental
investment restrictions. As a result of these voting rights, the Fund&#x2019;s ability to take any such actions may be impeded
to the extent that there are any preferred shares outstanding. Additionally, the affirmative vote of the holders of a majority
of the outstanding preferred shares (as defined in the 1940 Act), voting as a separate class, will be required to amend, alter
or repeal any of the provisions of the Articles Supplementary so as to in the aggregate adversely affect the rights and preferences
set forth in the Articles Supplementary The class vote of holders of preferred shares described above will in each case be in
addition to any other vote required to authorize the action in question.&lt;/span&gt;&lt;/p&gt;

&lt;p style="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-indent: 0.75in"&gt;&lt;span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/p&gt;

&lt;p style="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-indent: 0.75in"&gt;&lt;span style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;/span&gt;&lt;/p&gt;





&lt;p style="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-indent: 0.75in"&gt;&lt;span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"&gt;The
foregoing voting provisions will not apply to any preferred shares if, at or prior to the time when the act with respect to which
such vote otherwise would be required will be effected, such shares will have been redeemed or called for redemption and sufficient
cash or cash equivalents provided to the applicable paying agent to effect such redemption. The holders of preferred shares will
have no preemptive rights or rights to cumulative voting.&lt;/span&gt;&lt;/p&gt;

</cef:SecurityVotingRightsTextBlock>
    <cef:OtherSecuritiesTableTextBlock contextRef="AsOf2024-07-11" id="Fact000100">&lt;p id="xdx_80A_ecef--OtherSecuritiesTableTextBlock_dU_zqnkLOuwVA6l" style="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0"&gt;&lt;span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"&gt;&lt;b&gt;Notes&lt;/b&gt;&lt;/span&gt;&lt;/p&gt;

&lt;p style="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0"&gt;&lt;span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/p&gt;

&lt;p style="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-indent: 0.75in"&gt;&lt;span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"&gt;&lt;i&gt;General.&#160;&lt;/i&gt;Under
Maryland law and our Charter, we may borrow money without prior approval of holders of common and preferred shares. We may issue
debt securities, including notes, or other evidence of indebtedness and may secure any such notes or borrowings by mortgaging,
pledging or otherwise subjecting as security our assets to the extent permitted by the 1940 Act or rating agency guidelines. Any
borrowings, including without limitation any notes, will rank senior to the preferred shares and the common shares.&lt;/span&gt;&lt;/p&gt;

&lt;p style="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-indent: 0.75in"&gt;&lt;span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/p&gt;

&lt;p style="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-indent: 0.75in"&gt;&lt;span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"&gt;Under
the 1940 Act, we may only issue one class of senior securities representing indebtedness, which in the aggregate, must have asset
coverage immediately after the time of issuance of at least 300%. So long as notes are outstanding, additional debt securities
must rank on a parity with notes with respect to the payment of interest and upon the distribution of our assets.&lt;/span&gt;&lt;/p&gt;

&lt;p style="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-indent: 0.75in"&gt;&lt;span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/p&gt;

&lt;p style="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-indent: 0.75in"&gt;&lt;span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"&gt;A
Prospectus Supplement relating to any notes will include specific terms relating to the offering. The terms to be stated in a
Prospectus Supplement will include the following:&lt;/span&gt;&lt;/p&gt;

&lt;p style="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-indent: 0.75in"&gt;&lt;span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/p&gt;

&lt;table cellpadding="0" cellspacing="0" style="font: 10pt Arial, Helvetica, Sans-Serif; width: 100%; margin-top: 0pt; margin-bottom: 0pt"&gt;&lt;tr style="vertical-align: top"&gt;
&lt;td style="width: 49.5pt"&gt;&lt;/td&gt;&lt;td style="width: 18pt"&gt;&lt;span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"&gt;&#x25cf;&lt;/span&gt;&lt;/td&gt;&lt;td&gt;&lt;span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"&gt;the
                                         form and title of the security;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;&lt;/table&gt;

&lt;p style="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt"&gt;&lt;span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"&gt;&lt;/span&gt;&lt;/p&gt;

&lt;table cellpadding="0" cellspacing="0" style="font: 10pt Arial, Helvetica, Sans-Serif; width: 100%; margin-top: 0pt; margin-bottom: 0pt"&gt;&lt;tr style="vertical-align: top"&gt;
&lt;td style="width: 49.5pt"&gt;&lt;/td&gt;&lt;td style="width: 18pt"&gt;&lt;span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"&gt;&#x25cf;&lt;/span&gt;&lt;/td&gt;&lt;td&gt;&lt;span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"&gt;the
                                         aggregate principal amount of the securities;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;&lt;/table&gt;

&lt;p style="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt"&gt;&lt;/p&gt;

&lt;table cellpadding="0" cellspacing="0" style="font: 10pt Arial, Helvetica, Sans-Serif; width: 100%; margin-top: 0pt; margin-bottom: 0pt"&gt;&lt;tr style="vertical-align: top"&gt;
&lt;td style="width: 49.5pt"&gt;&lt;/td&gt;&lt;td style="width: 18pt"&gt;&lt;span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"&gt;&#x25cf;&lt;/span&gt;&lt;/td&gt;&lt;td&gt;&lt;span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"&gt;the
                                         interest rate of the securities;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;&lt;/table&gt;

&lt;p style="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt"&gt;&lt;/p&gt;

&lt;table cellpadding="0" cellspacing="0" style="font: 10pt Arial, Helvetica, Sans-Serif; width: 100%; margin-top: 0pt; margin-bottom: 0pt"&gt;&lt;tr style="vertical-align: top"&gt;
&lt;td style="width: 49.5pt"&gt;&lt;/td&gt;&lt;td style="width: 18pt"&gt;&lt;span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"&gt;&#x25cf;&lt;/span&gt;&lt;/td&gt;&lt;td&gt;&lt;span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"&gt;whether
                                         the interest rate for the securities will be determined by auction or remarketing;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;&lt;/table&gt;

&lt;p style="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt"&gt;&lt;/p&gt;

&lt;table cellpadding="0" cellspacing="0" style="font: 10pt Arial, Helvetica, Sans-Serif; width: 100%; margin-top: 0pt; margin-bottom: 0pt"&gt;&lt;tr style="vertical-align: top"&gt;
&lt;td style="width: 49.5pt"&gt;&lt;/td&gt;&lt;td style="width: 18pt"&gt;&lt;span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"&gt;&#x25cf;&lt;/span&gt;&lt;/td&gt;&lt;td&gt;&lt;span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"&gt;the
                                         maturity dates on which the principal of the securities will be payable;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;&lt;/table&gt;

&lt;p style="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt"&gt;&lt;/p&gt;

&lt;table cellpadding="0" cellspacing="0" style="font: 10pt Arial, Helvetica, Sans-Serif; width: 100%; margin-top: 0pt; margin-bottom: 0pt"&gt;&lt;tr style="vertical-align: top"&gt;
&lt;td style="width: 49.5pt"&gt;&lt;/td&gt;&lt;td style="width: 18pt"&gt;&lt;span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"&gt;&#x25cf;&lt;/span&gt;&lt;/td&gt;&lt;td&gt;&lt;span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"&gt;the
                                         frequency with which auctions or remarketings, if any, will be held;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;&lt;/table&gt;

&lt;p style="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt"&gt;&lt;/p&gt;

&lt;table cellpadding="0" cellspacing="0" style="font: 10pt Arial, Helvetica, Sans-Serif; width: 100%; margin-top: 0pt; margin-bottom: 0pt"&gt;&lt;tr style="vertical-align: top"&gt;
&lt;td style="width: 49.5pt"&gt;&lt;/td&gt;&lt;td style="width: 18pt"&gt;&lt;span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"&gt;&#x25cf;&lt;/span&gt;&lt;/td&gt;&lt;td&gt;&lt;span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"&gt;any
                                         changes to or additional events of default or covenants;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;&lt;/table&gt;

&lt;table cellpadding="0" cellspacing="0" style="font: 10pt Arial, Helvetica, Sans-Serif; width: 100%; margin-top: 0pt; margin-bottom: 0pt"&gt;&lt;tr style="vertical-align: top"&gt;
&lt;td style="width: 49.5pt"&gt;&lt;/td&gt;&lt;td style="width: 18pt"&gt;&lt;span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"&gt;&#x25cf;&lt;/span&gt;&lt;/td&gt;&lt;td&gt;&lt;span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"&gt;any
                                         minimum period prior to which the securities may not be called;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;&lt;/table&gt;

&lt;p style="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt"&gt;&lt;/p&gt;

&lt;table cellpadding="0" cellspacing="0" style="font: 10pt Arial, Helvetica, Sans-Serif; width: 100%; margin-top: 0pt; margin-bottom: 0pt"&gt;&lt;tr style="vertical-align: top"&gt;
&lt;td style="width: 49.5pt"&gt;&lt;/td&gt;&lt;td style="width: 18pt"&gt;&lt;span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"&gt;&#x25cf;&lt;/span&gt;&lt;/td&gt;&lt;td&gt;&lt;span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"&gt;any
                                         optional or mandatory call or redemption provisions;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;&lt;/table&gt;

&lt;p style="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt"&gt;&lt;/p&gt;

&lt;table cellpadding="0" cellspacing="0" style="font: 10pt Arial, Helvetica, Sans-Serif; width: 100%; margin-top: 0pt; margin-bottom: 0pt"&gt;&lt;tr style="vertical-align: top"&gt;
&lt;td style="width: 49.5pt"&gt;&lt;/td&gt;&lt;td style="width: 18pt"&gt;&lt;span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"&gt;&#x25cf;&lt;/span&gt;&lt;/td&gt;&lt;td&gt;&lt;span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"&gt;the
                                         credit rating of the notes;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;&lt;/table&gt;

&lt;p style="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt"&gt;&lt;/p&gt;

&lt;table cellpadding="0" cellspacing="0" style="font: 10pt Arial, Helvetica, Sans-Serif; width: 100%; margin-top: 0pt; margin-bottom: 0pt"&gt;&lt;tr style="vertical-align: top"&gt;
&lt;td style="width: 49.5pt"&gt;&lt;/td&gt;&lt;td style="width: 18pt"&gt;&lt;span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"&gt;&#x25cf;&lt;/span&gt;&lt;/td&gt;&lt;td&gt;&lt;span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"&gt;if
                                         applicable, a discussion of the material U.S. federal income tax considerations applicable
                                         to the issuance of the notes; and&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;&lt;/table&gt;

&lt;p style="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt"&gt;&lt;/p&gt;

&lt;p style="margin-top: 0; margin-bottom: 0"&gt;&#160;&lt;/p&gt;

&lt;p style="margin-top: 0; margin-bottom: 0"&gt;&lt;/p&gt;





&lt;table cellpadding="0" cellspacing="0" style="font: 10pt Arial, Helvetica, Sans-Serif; width: 100%; margin-top: 0pt; margin-bottom: 0pt"&gt;&lt;tr style="vertical-align: top"&gt;
&lt;td style="width: 49.5pt"&gt;&lt;/td&gt;&lt;td style="width: 18pt"&gt;&lt;span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"&gt;&#x25cf;&lt;/span&gt;&lt;/td&gt;&lt;td&gt;&lt;span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"&gt;any
                                         other terms of the securities.&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;&lt;/table&gt;

&lt;p style="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt"&gt;&lt;span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/p&gt;

&lt;p style="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-indent: 0.75in"&gt;&lt;span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"&gt;&lt;i&gt;Interest&lt;/i&gt;.
The Prospectus Supplement will describe the interest payment provisions relating to notes. Interest on notes will be payable when
due as described in the related Prospectus Supplement. If we do not pay interest when due, it will trigger an event of default
and we will be restricted from declaring dividends and making other distributions with respect to our common shares and preferred
shares.&lt;/span&gt;&lt;/p&gt;

&lt;p style="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-indent: 0.75in"&gt;&lt;span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/p&gt;

&lt;p style="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-indent: 0.75in"&gt;&lt;span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"&gt;&lt;i&gt;Limitations&lt;/i&gt;.
Under the requirements of the 1940 Act, immediately after issuing any notes the value of our total assets, less certain ordinary
course liabilities, must equal or exceed 300% of the amount of the notes outstanding. Other types of borrowings also may result
in our being subject to similar covenants in credit agreements.&lt;/span&gt;&lt;/p&gt;

&lt;p style="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-indent: 0.75in"&gt;&lt;span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/p&gt;

&lt;p style="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-indent: 0.75in"&gt;&lt;span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"&gt;Additionally,
the 1940 Act requires that we prohibit the declaration of any dividend or distribution (other than a dividend or distribution
paid in Fund common or preferred shares or in options, warrants or rights to subscribe for or purchase Fund common or preferred
shares) in respect of Fund common or preferred shares, or call for redemption, redeem, purchase or otherwise acquire for consideration
any such fund common or preferred shares, unless the Fund&#x2019;s notes have asset coverage of at least 300% (200% in the case
of a dividend or distribution on preferred shares) after deducting the amount of such dividend, distribution, or acquisition price,
as the case may be. These 1940 Act requirements do not apply to any promissory note or other evidence of indebtedness issued in
consideration of any loan, extension, or renewal thereof, made by a bank or other person and privately arranged, and not intended
to be publicly distributed; however, any such borrowings may result in our being subject to similar covenants in credit agreements.
Moreover, the Indenture related to the notes could contain provisions more restrictive than those required by the 1940 Act, and
any such provisions would be described in the related Prospectus Supplement.&lt;/span&gt;&lt;/p&gt;

&lt;p style="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-indent: 0.75in"&gt;&lt;span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/p&gt;

&lt;p style="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-indent: 0.75in"&gt;&lt;span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"&gt;&lt;i&gt;Events
of Default and Acceleration of Maturity of Notes.&lt;/i&gt;&#160;Unless stated otherwise in the related Prospectus Supplement, any one
of the following events will constitute an &#x201c;event of default&#x201d; for that series under the Indenture relating to the
notes:&lt;/span&gt;&lt;/p&gt;

&lt;p style="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-indent: 0.75in"&gt;&lt;span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/p&gt;

&lt;table cellpadding="0" cellspacing="0" style="font: 10pt Arial, Helvetica, Sans-Serif; width: 100%; margin-top: 0pt; margin-bottom: 0pt"&gt;&lt;tr style="vertical-align: top"&gt;
&lt;td style="width: 0.75in"&gt;&lt;/td&gt;&lt;td style="width: 0.25in"&gt;&lt;span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"&gt;&#x25cf;&lt;/span&gt;&lt;/td&gt;&lt;td&gt;&lt;span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"&gt;default
                                         in the payment of any interest upon a series of notes when it becomes due and payable
                                         and the continuance of such default for 30 days;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;&lt;/table&gt;

&lt;p style="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt"&gt;&lt;span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"&gt;&lt;/span&gt;&lt;/p&gt;

&lt;table cellpadding="0" cellspacing="0" style="font: 10pt Arial, Helvetica, Sans-Serif; width: 100%; margin-top: 0pt; margin-bottom: 0pt"&gt;&lt;tr style="vertical-align: top"&gt;
&lt;td style="width: 0.75in"&gt;&lt;/td&gt;&lt;td style="width: 0.25in"&gt;&lt;span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"&gt;&#x25cf;&lt;/span&gt;&lt;/td&gt;&lt;td&gt;&lt;span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"&gt;default
                                         in the payment of the principal of, or premium on, a series of notes at its stated maturity;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;&lt;/table&gt;

&lt;p style="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt"&gt;&lt;/p&gt;

&lt;table cellpadding="0" cellspacing="0" style="font: 10pt Arial, Helvetica, Sans-Serif; width: 100%; margin-top: 0pt; margin-bottom: 0pt"&gt;&lt;tr style="vertical-align: top"&gt;
&lt;td style="width: 0.75in"&gt;&lt;/td&gt;&lt;td style="width: 0.25in"&gt;&lt;span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"&gt;&#x25cf;&lt;/span&gt;&lt;/td&gt;&lt;td&gt;&lt;span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"&gt;default
                                         in the performance, or breach, of any covenant or warranty of ours in the Indenture,
                                         and continuance of such default or breach for a period of 90 days after written notice
                                         has been given to us by the trustee;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;&lt;/table&gt;

&lt;p style="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt"&gt;&lt;/p&gt;

&lt;table cellpadding="0" cellspacing="0" style="font: 10pt Arial, Helvetica, Sans-Serif; width: 100%; margin-top: 0pt; margin-bottom: 0pt"&gt;&lt;tr style="vertical-align: top"&gt;
&lt;td style="width: 0.75in"&gt;&lt;/td&gt;&lt;td style="width: 0.25in"&gt;&lt;span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"&gt;&#x25cf;&lt;/span&gt;&lt;/td&gt;&lt;td&gt;&lt;span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"&gt;certain
                                         voluntary or involuntary proceedings involving us and relating to bankruptcy, insolvency
                                         or other similar laws;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;&lt;/table&gt;

&lt;p style="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt"&gt;&lt;/p&gt;

&lt;table cellpadding="0" cellspacing="0" style="font: 10pt Arial, Helvetica, Sans-Serif; width: 100%; margin-top: 0pt; margin-bottom: 0pt"&gt;&lt;tr style="vertical-align: top"&gt;
&lt;td style="width: 0.75in"&gt;&lt;/td&gt;&lt;td style="width: 0.25in"&gt;&lt;span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"&gt;&#x25cf;&lt;/span&gt;&lt;/td&gt;&lt;td&gt;&lt;span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"&gt;if,
                                         on the last business day of each of twenty-four consecutive calendar months, the notes
                                         have a 1940 Act asset coverage of less than 100%; or&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;&lt;/table&gt;

&lt;p style="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt"&gt;&lt;/p&gt;

&lt;table cellpadding="0" cellspacing="0" style="font: 10pt Arial, Helvetica, Sans-Serif; width: 100%; margin-top: 0pt; margin-bottom: 0pt"&gt;&lt;tr style="vertical-align: top"&gt;
&lt;td style="width: 0.75in"&gt;&lt;/td&gt;&lt;td style="width: 0.25in"&gt;&lt;span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"&gt;&#x25cf;&lt;/span&gt;&lt;/td&gt;&lt;td&gt;&lt;span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"&gt;any
                                         other &#x201c;event of default&#x201d; provided with respect to a series, including a default
                                         in the payment of any redemption price payable on the redemption date.&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;&lt;/table&gt;

&lt;p style="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt"&gt;&lt;span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/p&gt;

&lt;p style="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-indent: 0.75in"&gt;&lt;span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"&gt;Upon
the occurrence and continuance of an event of default, the holders of a majority in principal amount of a series of outstanding
notes or the trustee will be able to declare the principal amount of that series of notes immediately due and payable upon written
notice to us. A default that relates only to one series of notes does not affect any other series and the holders of such other
series of notes will not be entitled to receive notice of such a default under the Indenture. Upon an event of default relating
to bankruptcy, insolvency or other similar laws, acceleration of maturity will occur automatically with respect to all series.
At any time after a declaration of acceleration with respect to a series of notes has been made, and before a judgment or decree
for payment of the money due has been obtained, the holders of a majority in principal amount of the outstanding notes of that
series, by written notice to us and the trustee, may rescind and annul the declaration of acceleration and its consequences if
all events of default with respect to that series of notes, other than the&#160;non-payment&#160;of the principal of that series
of notes which has become due solely by such declaration of acceleration, have been cured or waived and other conditions have
been met.&lt;/span&gt;&lt;/p&gt;

&lt;p style="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-indent: 0.75in"&gt;&lt;span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/p&gt;

&lt;p style="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-indent: 0.75in"&gt;&lt;span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"&gt;&lt;i&gt;Liquidation
Rights&lt;/i&gt;. In the event of (a)&#160;any insolvency or bankruptcy case or proceeding, or any receivership, liquidation, reorganization
or other similar case or proceeding in connection therewith, relative to us or to our creditors, as such, or to our assets, or
(b)&#160;any liquidation, dissolution or other winding up of us, whether voluntary or involuntary and whether or not involving
insolvency or bankruptcy, or (c)&#160;any assignment for the benefit of creditors or any other marshalling of assets and liabilities
of ours, then (after any payments with respect to any secured creditor of ours outstanding at such time) and in any such event
the holders of notes shall be entitled to receive payment in full of all amounts due or to become due on or in respect of all
notes (including any interest accruing thereon after the commencement of any such case or proceeding), or provision shall be made
for such payment in cash or cash equivalents or otherwise in a manner satisfactory to the holders of the notes, before the holders
of any of our common or preferred shares are entitled to receive any payment on account of any redemption proceeds, liquidation
preference or dividends from such shares. The holders of notes shall be entitled to receive, for application to the payment thereof,
any payment or distribution of any kind or character, whether in cash, property or securities, including any such payment or distribution
which may be payable or deliverable by reason of the payment of any other indebtedness of ours being subordinated to the payment
of the notes, which may be payable or deliverable in respect of the notes in any such case, proceeding, dissolution, liquidation
or other winding up event.&lt;/span&gt;&lt;/p&gt;

&lt;p style="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-indent: 0.75in"&gt;&lt;span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/p&gt;

&lt;p style="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-indent: 0.75in"&gt;&lt;span style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;/span&gt;&lt;/p&gt;





&lt;p style="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-indent: 0.75in"&gt;&lt;span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"&gt;Unsecured
creditors of ours may include, without limitation, service providers including the Investment Adviser, the Custodian, administrator,
auction agent, broker-dealers and the trustee, pursuant to the terms of various contracts with us. Secured creditors of ours may
include without limitation parties entering into any interest rate swap, floor or cap transactions, or other similar transactions
with us that create liens, pledges, charges, security interests, security agreements or other encumbrances on our assets.&lt;/span&gt;&lt;/p&gt;

&lt;p style="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-indent: 0.75in"&gt;&lt;span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/p&gt;

&lt;p style="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-indent: 0.75in"&gt;&lt;span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"&gt;A
consolidation, reorganization or merger of us with or into any other company, or a sale, lease or exchange of all or substantially
all of our assets in consideration for the issuance of equity securities of another company shall not be deemed to be a liquidation,
dissolution or winding up of us.&lt;/span&gt;&lt;/p&gt;

&lt;p style="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-indent: 0.75in"&gt;&lt;span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/p&gt;

&lt;p style="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-indent: 0.75in"&gt;&lt;span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"&gt;&lt;i&gt;Voting
Rights&lt;/i&gt;. The notes have no voting rights, except as mentioned below and to the extent required by law or as otherwise provided
in the Indenture relating to the acceleration of maturity upon the occurrence and continuance of an event of default. In connection
with the notes or certain other borrowings (if any), the 1940 Act does in certain circumstances grant to the note holders or lenders
certain voting rights. The 1940 Act requires that provision is made either (i)&#160;that, if on the last business day of each
of twelve consecutive calendar months such notes shall have an asset coverage of less than 100%, the holders of such notes voting
as a class shall be entitled to elect at least a majority of the members of the Fund&#x2019;s Directors, such voting right to continue
until such notes shall have an asset coverage of 110% or more on the last business day of each of three consecutive calendar months,
or (ii)&#160;that, if on the last business day of each of twenty-four consecutive calendar months such notes shall have an asset
coverage of less than 100%, an event of default shall be deemed to have occurred. It is expected that, unless otherwise stated
in the related Prospectus Supplement, provision will be made that, if on the last business day of each of twenty-four consecutive
calendar months such notes shall have an asset coverage of less than 100%, an event of default shall be deemed to have occurred.
These 1940 Act requirements do not apply to any promissory note or other evidence of indebtedness issued in consideration of any
loan, extension, or renewal thereof, made by a bank or other person and privately arranged, and not intended to be publicly distributed;
however, any such borrowings may result in our being subject to similar covenants in credit agreements. As reflected above, the
Indenture relating to the notes may also grant to the note holders voting rights relating to the acceleration of maturity upon
the occurrence and continuance of an event of default, and any such rights would be described in the related Prospectus Supplement.&lt;/span&gt;&lt;/p&gt;

&lt;p style="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-indent: 0.75in"&gt;&lt;span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/p&gt;

&lt;p style="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-indent: 0.75in"&gt;&lt;span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"&gt;&lt;i&gt;Market&lt;/i&gt;.
Our notes are not likely to be listed on an exchange or automated quotation system. The details on how to buy and sell such notes,
along with the other terms of the notes, will be described in a Prospectus Supplement. We cannot assure you that any market will
exist for our notes or if a market does exist, whether it will provide holders with liquidity.&lt;/span&gt;&lt;/p&gt;

&lt;p style="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-indent: 0.75in"&gt;&lt;span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/p&gt;

&lt;p style="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-indent: 0.75in"&gt;&lt;span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"&gt;&lt;i&gt;Book-Entry,
Delivery and Form&lt;/i&gt;. Unless otherwise stated in the related Prospectus Supplement, the notes will be issued in book-entry form
and will be represented by one or more notes in registered global form. The global notes will be deposited with the trustee as
custodian for DTC and registered in the name of Cede&#160;&amp;amp; Co., as nominee of DTC. DTC will maintain the notes in designated
denominations through its book-entry facilities.&lt;/span&gt;&lt;/p&gt;

&lt;p style="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-indent: 0.75in"&gt;&lt;span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/p&gt;

&lt;p style="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-indent: 0.75in"&gt;&lt;span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"&gt;Under
the terms of the Indenture, we and the trustee may treat the persons in whose names any notes, including the global notes, are
registered as the owners thereof for the purpose of receiving payments and for any and all other purposes whatsoever. Therefore,
so long as DTC or its nominee is the registered owner of the global notes, DTC or such nominee will be considered the sole holder
of outstanding notes under the Indenture. We or the trustee may give effect to any written certification, proxy or other authorization
furnished by DTC or its nominee.&lt;/span&gt;&lt;/p&gt;

&lt;p style="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-indent: 0.75in"&gt;&lt;span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/p&gt;

&lt;p style="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-indent: 0.75in"&gt;&lt;span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"&gt;A
global note may not be transferred except as a whole by DTC, its successors or their respective nominees. Interests of beneficial
owners in the global note may be transferred or exchanged for definitive securities in accordance with the rules and procedures
of DTC. In addition, a global note may be exchangeable for notes in definitive form if:&lt;/span&gt;&lt;/p&gt;

&lt;p style="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-indent: 0.75in"&gt;&lt;span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/p&gt;

&lt;table cellpadding="0" cellspacing="0" style="font: 10pt Arial, Helvetica, Sans-Serif; width: 100%; margin-top: 0pt; margin-bottom: 0pt"&gt;&lt;tr style="vertical-align: top"&gt;
&lt;td style="width: 0.75in"&gt;&lt;/td&gt;&lt;td style="width: 0.25in"&gt;&lt;span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"&gt;&#x25cf;&lt;/span&gt;&lt;/td&gt;&lt;td&gt;&lt;span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"&gt;DTC
                                         notifies us that it is unwilling or unable to continue as a depository and we do not
                                         appoint a successor within 60 days;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;&lt;/table&gt;

&lt;p style="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt"&gt;&lt;span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"&gt;&lt;/span&gt;&lt;/p&gt;

&lt;table cellpadding="0" cellspacing="0" style="font: 10pt Arial, Helvetica, Sans-Serif; width: 100%; margin-top: 0pt; margin-bottom: 0pt"&gt;&lt;tr style="vertical-align: top"&gt;
&lt;td style="width: 0.75in"&gt;&lt;/td&gt;&lt;td style="width: 0.25in"&gt;&lt;span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"&gt;&#x25cf;&lt;/span&gt;&lt;/td&gt;&lt;td&gt;&lt;span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"&gt;we,
                                         at our option, notify the trustee in writing that we elect to cause the issuance of notes
                                         in definitive form under the Indenture; or&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;&lt;/table&gt;

&lt;p style="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt"&gt;&lt;/p&gt;

&lt;table cellpadding="0" cellspacing="0" style="font: 10pt Arial, Helvetica, Sans-Serif; width: 100%; margin-top: 0pt; margin-bottom: 0pt"&gt;&lt;tr style="vertical-align: top"&gt;
&lt;td style="width: 0.75in"&gt;&lt;/td&gt;&lt;td style="width: 0.25in"&gt;&lt;span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"&gt;&#x25cf;&lt;/span&gt;&lt;/td&gt;&lt;td&gt;&lt;span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"&gt;an
                                         event of default has occurred and is continuing.&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;&lt;/table&gt;

&lt;p style="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt"&gt;&lt;span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/p&gt;

&lt;p style="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-indent: 0.75in"&gt;&lt;span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"&gt;In
each instance, upon surrender by DTC or its nominee of the global note, notes in definitive form will be issued to each person
that DTC or its nominee identifies as being the beneficial owner of the related notes.&lt;/span&gt;&lt;/p&gt;

&lt;p style="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-indent: 0.75in"&gt;&lt;span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/p&gt;

&lt;p style="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-indent: 0.75in"&gt;&lt;span style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;/span&gt;&lt;/p&gt;





&lt;p style="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-indent: 0.75in"&gt;&lt;span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"&gt;Under
the Indenture, the holder of any global note may grant proxies and otherwise authorize any person, including its participants
and persons who may hold interests through DTC participants, to take any action which a holder is entitled to take under the Indenture.&lt;/span&gt;&lt;/p&gt;

&lt;p style="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-indent: 0.75in"&gt;&lt;span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/p&gt;

&lt;p style="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-indent: 0.75in"&gt;&lt;span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"&gt;&lt;i&gt;Trustee,
Transfer Agent, Registrar, Paying Agent and Redemption Agent&lt;/i&gt;. Information regarding the trustee under the Indenture, which
may also act as transfer agent, registrar, paying agent and redemption agent with respect to our notes, will be set forth in the
Prospectus Supplement.&lt;/span&gt;&lt;/p&gt;

&lt;p style="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-indent: 0.75in"&gt;&lt;span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/p&gt;

&lt;p style="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0"&gt;&lt;span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"&gt;&lt;b&gt;Subscription
Rights&lt;/b&gt;&lt;/span&gt;&lt;/p&gt;

&lt;p style="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0"&gt;&lt;span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/p&gt;

&lt;p style="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-indent: 0.75in"&gt;&lt;span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"&gt;&lt;i&gt;General.&lt;/i&gt;&#160;We
may issue subscription rights to holders of our (i)&#160;common shares to purchase common and/or preferred shares or (ii)&#160;preferred
shares to purchase preferred shares (subject to applicable law). Subscription rights may be issued independently or together with
any other offered security and may or may not be transferable by the person purchasing or receiving the subscription rights. In
connection with a subscription rights offering to holders of our common and/or preferred shares, we would distribute certificates
evidencing the subscription rights and a Prospectus Supplement to our common or preferred shareholders, as applicable, as of the
record date that we set for determining the shareholders eligible to receive subscription rights in such subscription rights offering.&lt;/span&gt;&lt;/p&gt;

&lt;p style="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-indent: 0.75in"&gt;&lt;span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/p&gt;

&lt;p style="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-indent: 0.75in"&gt;&lt;span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"&gt;The
applicable Prospectus Supplement would describe the following terms of subscription rights in respect of which this Prospectus
is being delivered:&lt;/span&gt;&lt;/p&gt;

&lt;p style="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-indent: 0.75in"&gt;&lt;span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/p&gt;

&lt;table cellpadding="0" cellspacing="0" style="font: 10pt Arial, Helvetica, Sans-Serif; width: 100%; margin-top: 0pt; margin-bottom: 0pt"&gt;&lt;tr style="vertical-align: top"&gt;
&lt;td style="width: 0.75in"&gt;&lt;/td&gt;&lt;td style="width: 0.25in"&gt;&lt;span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"&gt;&#x25cf;&lt;/span&gt;&lt;/td&gt;&lt;td&gt;&lt;span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"&gt;the
                                         period of time the offering would remain open (which will be open a minimum number of
                                         days such that all record holders would be eligible to participate in the offering and
                                         will not be open longer than 120 days);&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;&lt;/table&gt;

&lt;p style="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt"&gt;&lt;span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"&gt;&lt;/span&gt;&lt;/p&gt;

&lt;table cellpadding="0" cellspacing="0" style="font: 10pt Arial, Helvetica, Sans-Serif; width: 100%; margin-top: 0pt; margin-bottom: 0pt"&gt;&lt;tr style="vertical-align: top"&gt;
&lt;td style="width: 0.75in"&gt;&lt;/td&gt;&lt;td style="width: 0.25in"&gt;&lt;span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"&gt;&#x25cf;&lt;/span&gt;&lt;/td&gt;&lt;td&gt;&lt;span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"&gt;the
                                         title of such subscription rights;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;&lt;/table&gt;

&lt;p style="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt"&gt;&lt;/p&gt;

&lt;table cellpadding="0" cellspacing="0" style="font: 10pt Arial, Helvetica, Sans-Serif; width: 100%; margin-top: 0pt; margin-bottom: 0pt"&gt;&lt;tr style="vertical-align: top"&gt;
&lt;td style="width: 0.75in"&gt;&lt;/td&gt;&lt;td style="width: 0.25in"&gt;&lt;span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"&gt;&#x25cf;&lt;/span&gt;&lt;/td&gt;&lt;td&gt;&lt;span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"&gt;the
                                         exercise price for such subscription rights (or method of calculation thereof);&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;&lt;/table&gt;

&lt;p style="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt"&gt;&lt;/p&gt;

&lt;table cellpadding="0" cellspacing="0" style="font: 10pt Arial, Helvetica, Sans-Serif; width: 100%; margin-top: 0pt; margin-bottom: 0pt"&gt;&lt;tr style="vertical-align: top"&gt;
&lt;td style="width: 0.75in"&gt;&lt;/td&gt;&lt;td style="width: 0.25in"&gt;&lt;span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"&gt;&#x25cf;&lt;/span&gt;&lt;/td&gt;&lt;td&gt;&lt;span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"&gt;the
                                         number of such subscription rights issued in respect of each common share;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;&lt;/table&gt;

&lt;p style="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt"&gt;&lt;/p&gt;

&lt;table cellpadding="0" cellspacing="0" style="font: 10pt Arial, Helvetica, Sans-Serif; width: 100%; margin-top: 0pt; margin-bottom: 0pt"&gt;&lt;tr style="vertical-align: top"&gt;
&lt;td style="width: 0.75in"&gt;&lt;/td&gt;&lt;td style="width: 0.25in"&gt;&lt;span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"&gt;&#x25cf;&lt;/span&gt;&lt;/td&gt;&lt;td&gt;&lt;span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"&gt;the
                                         number of rights required to purchase a single preferred share;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;&lt;/table&gt;

&lt;p style="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt"&gt;&lt;/p&gt;

&lt;table cellpadding="0" cellspacing="0" style="font: 10pt Arial, Helvetica, Sans-Serif; width: 100%; margin-top: 0pt; margin-bottom: 0pt"&gt;&lt;tr style="vertical-align: top"&gt;
&lt;td style="width: 0.75in"&gt;&lt;/td&gt;&lt;td style="width: 0.25in"&gt;&lt;span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"&gt;&#x25cf;&lt;/span&gt;&lt;/td&gt;&lt;td&gt;&lt;span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"&gt;the
                                         extent to which such subscription rights are transferable and the market on which they
                                         may be traded if they are transferable;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;&lt;/table&gt;

&lt;p style="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt"&gt;&lt;/p&gt;

&lt;table cellpadding="0" cellspacing="0" style="font: 10pt Arial, Helvetica, Sans-Serif; width: 100%; margin-top: 0pt; margin-bottom: 0pt"&gt;&lt;tr style="vertical-align: top"&gt;
&lt;td style="width: 0.75in"&gt;&lt;/td&gt;&lt;td style="width: 0.25in"&gt;&lt;span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"&gt;&#x25cf;&lt;/span&gt;&lt;/td&gt;&lt;td&gt;&lt;span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"&gt;if
                                         applicable, a discussion of the material U.S. federal income tax considerations applicable
                                         to the issuance or exercise of such subscription rights;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;&lt;/table&gt;

&lt;p style="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt"&gt;&lt;/p&gt;

&lt;table cellpadding="0" cellspacing="0" style="font: 10pt Arial, Helvetica, Sans-Serif; width: 100%; margin-top: 0pt; margin-bottom: 0pt"&gt;&lt;tr style="vertical-align: top"&gt;
&lt;td style="width: 0.75in"&gt;&lt;/td&gt;&lt;td style="width: 0.25in"&gt;&lt;span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"&gt;&#x25cf;&lt;/span&gt;&lt;/td&gt;&lt;td&gt;&lt;span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"&gt;the
                                         date on which the right to exercise such subscription rights will commence, and the date
                                         on which such right will expire (subject to any extension);&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;&lt;/table&gt;

&lt;p style="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt"&gt;&lt;/p&gt;

&lt;table cellpadding="0" cellspacing="0" style="font: 10pt Arial, Helvetica, Sans-Serif; width: 100%; margin-top: 0pt; margin-bottom: 0pt"&gt;&lt;tr style="vertical-align: top"&gt;
&lt;td style="width: 0.75in"&gt;&lt;/td&gt;&lt;td style="width: 0.25in"&gt;&lt;span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"&gt;&#x25cf;&lt;/span&gt;&lt;/td&gt;&lt;td&gt;&lt;span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"&gt;the
                                         extent to which such subscription rights include an over-subscription privilege with
                                         respect to unsubscribed securities and the terms of such over-subscription privilege;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;&lt;/table&gt;

&lt;p style="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt"&gt;&lt;/p&gt;

&lt;table cellpadding="0" cellspacing="0" style="font: 10pt Arial, Helvetica, Sans-Serif; width: 100%; margin-top: 0pt; margin-bottom: 0pt"&gt;&lt;tr style="vertical-align: top"&gt;
&lt;td style="width: 0.75in"&gt;&lt;/td&gt;&lt;td style="width: 0.25in"&gt;&lt;span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"&gt;&#x25cf;&lt;/span&gt;&lt;/td&gt;&lt;td&gt;&lt;span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"&gt;any
                                         termination right we may have in connection with such subscription rights offering; and&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;&lt;/table&gt;

&lt;p style="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt"&gt;&lt;/p&gt;

&lt;table cellpadding="0" cellspacing="0" style="font: 10pt Arial, Helvetica, Sans-Serif; width: 100%; margin-top: 0pt; margin-bottom: 0pt"&gt;&lt;tr style="vertical-align: top"&gt;
&lt;td style="width: 0.75in"&gt;&lt;/td&gt;&lt;td style="width: 0.25in"&gt;&lt;span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"&gt;&#x25cf;&lt;/span&gt;&lt;/td&gt;&lt;td&gt;&lt;span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"&gt;any
                                         other terms of such subscription rights, including exercise, settlement and other procedures
                                         and limitations relating to the transfer and exercise of such subscription rights.&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;&lt;/table&gt;

&lt;p style="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt"&gt;&lt;span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/p&gt;

&lt;p style="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-indent: 0.75in"&gt;&lt;span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"&gt;&lt;i&gt;Exercise
of Subscription Rights.&lt;/i&gt;&#160;Each subscription right would entitle the holder of the subscription right to purchase for cash
such number of shares at such exercise price as in each case is set forth in, or be determinable as set forth in, the prospectus
supplement relating to the subscription rights offered thereby, Subscription rights would be exercisable at any time up to the
close of business on the expiration date for such subscription rights set forth in the prospectus supplement. After the close
of business on the expiration date, all unexercised subscription rights would become void.&lt;/span&gt;&lt;/p&gt;

&lt;p style="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-indent: 0.75in"&gt;&lt;span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/p&gt;

&lt;p style="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-indent: 0.75in"&gt;&lt;span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"&gt;Subscription
rights would be exercisable as set forth in the prospectus supplement relating to the subscription rights offered thereby. Upon
expiration of the rights offering and the receipt of payment and the subscription rights certificate properly completed and duly
executed at the corporate trust office of the subscription rights agent or any other office indicated in the prospectus supplement
we would issue, as soon as practicable, the shares purchased as a result of such exercise. To the extent permissible under applicable
law, we may determine to offer any unsubscribed offered securities directly to persons other than shareholders, to or through
agents, underwriters or dealers or through a combination of such methods, as set forth in the applicable prospectus supplement.&lt;/span&gt;&lt;/p&gt;

&lt;p style="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-indent: 0.75in"&gt;&lt;span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/p&gt;

&lt;p style="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-indent: 0.75in"&gt;&lt;span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"&gt;&lt;i&gt;Subscription
Rights to Purchase Common and Preferred Shares.&lt;/i&gt;&#160;The Fund may issue subscription rights which would entitle holders to
purchase both common and preferred shares in a ratio to be set forth in the applicable Prospectus Supplement. In accordance with
the 1940 Act, at least three rights would be required to subscribe for one common share. It is expected that rights to purchase
both common and preferred shares would require holders to purchase an equal number of common and preferred shares, and would not
permit holders to purchase an unequal number of common or preferred shares, or purchase only common shares or only preferred shares.
For example, such an offering might be structured such that three rights would entitle an investor to purchase one common share
and one preferred share, and such investor would not be able to choose to purchase only a common share or only a preferred share
upon the exercise of his, her or its rights.&lt;/span&gt;&lt;/p&gt;

&lt;p style="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-indent: 0.75in"&gt;&lt;span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/p&gt;

&lt;p style="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-indent: 0.75in"&gt;&lt;span style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;/span&gt;&lt;/p&gt;





&lt;p style="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-indent: 0.75in"&gt;&lt;span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"&gt;The
common shares and preferred shares issued pursuant to the exercise of any such rights, however, would at all times be separately
tradeable securities. Such common and preferred shares would not be issued as a &#x201c;unit&#x201d; or &#x201c;combination&#x201d;
and would not be listed or traded as a &#x201c;unit&#x201d; or &#x201c;combination&#x201d; on a securities exchange, such as the NYSE,
at any time. The applicable Prospectus Supplement will set forth additional details regarding an offering of subscription rights
to purchase common and preferred shares.&lt;/span&gt;&lt;/p&gt;

</cef:OtherSecuritiesTableTextBlock>
    <cef:OutstandingSecuritiesTableTextBlock contextRef="AsOf2024-07-11" id="Fact000106">&lt;p id="xdx_801_ecef--OutstandingSecuritiesTableTextBlock_dU_zCERXTUv7Ot6" style="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0"&gt;&lt;span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"&gt;&lt;b&gt;Outstanding
Securities&lt;/b&gt;&lt;/span&gt;&lt;/p&gt;

&lt;p style="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0"&gt;&lt;span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/p&gt;

&lt;p style="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-indent: 0.75in"&gt;&lt;span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"&gt;The
following information regarding the Fund&#x2019;s authorized and outstanding shares is as of July 9, 2024.&lt;/span&gt;&lt;/p&gt;

&lt;p style="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-indent: 0.75in"&gt;&lt;span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/p&gt;

&lt;table cellpadding="0" cellspacing="0" style="font: 10pt Arial, Helvetica, Sans-Serif; width: 100%; border-collapse: collapse"&gt;
&lt;tr style="vertical-align: bottom"&gt;
    &lt;td style="padding: 1.45pt 4.3pt 1.45pt 0.1in; width: 49%; text-indent: -0.1in"&gt;&lt;span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"&gt;&lt;b&gt;Title
    of Class&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="padding: 1.45pt 4.3pt; width: 17%"&gt;&lt;p style="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: center"&gt;&lt;span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"&gt;&lt;b&gt;Amount&lt;/b&gt;&lt;/span&gt;&lt;/p&gt;
        &lt;p style="border-bottom: Black 0.5pt solid; font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: center"&gt;&lt;span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"&gt;&lt;b&gt;Authorized&lt;/b&gt;&lt;/span&gt;&lt;/p&gt;&lt;/td&gt;
    &lt;td style="padding: 1.45pt 4.3pt; width: 17%"&gt;&lt;p style="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: center"&gt;&lt;span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"&gt;&lt;b&gt;Amount
Held&lt;/b&gt;&lt;/span&gt;&lt;/p&gt;
        &lt;p style="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: center"&gt;&lt;span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"&gt;&lt;b&gt;by
Fund or&lt;/b&gt;&lt;/span&gt;&lt;/p&gt;
        &lt;p style="border-bottom: Black 0.5pt solid; font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: center"&gt;&lt;span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"&gt;&lt;b&gt;for
its Account&lt;/b&gt;&lt;/span&gt;&lt;/p&gt;&lt;/td&gt;
    &lt;td style="padding: 1.45pt 4.3pt; width: 17%"&gt;&lt;p style="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: center"&gt;&lt;span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"&gt;&lt;b&gt;Amount&lt;/b&gt;&lt;/span&gt;&lt;/p&gt;
        &lt;p style="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: center"&gt;&lt;span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"&gt;&lt;b&gt;Outstanding&lt;/b&gt;&lt;/span&gt;&lt;/p&gt;
        &lt;p style="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: center"&gt;&lt;span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"&gt;&lt;b&gt;Exclusive
of&lt;/b&gt;&lt;/span&gt;&lt;/p&gt;
        &lt;p style="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: center"&gt;&lt;span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"&gt;&lt;b&gt;Amount
Held&lt;/b&gt;&lt;/span&gt;&lt;/p&gt;
        &lt;p style="border-bottom: Black 0.5pt solid; font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: center"&gt;&lt;span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"&gt;&lt;b&gt;by
Fund&lt;/b&gt;&lt;/span&gt;&lt;/p&gt;&lt;/td&gt;&lt;/tr&gt;
&lt;tr style="vertical-align: bottom"&gt;
    &lt;td style="padding: 1.45pt 4.3pt 1.45pt 0.1in; text-indent: -0.1in"&gt;&lt;span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"&gt;&lt;span id="xdx_909_ecef--OutstandingSecurityTitleTextBlock_c20240709__20240709__us-gaap--StatementClassOfStockAxis__custom--CommonStocksMember_z9lqMQa6Xzsc" title="Outstanding Security, Not Held [Shares]"&gt;Common
    Shares &lt;/span&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="padding: 1.45pt 4.3pt; text-align: right"&gt;&lt;span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"&gt;&lt;span id="xdx_90F_ecef--OutstandingSecurityAuthorizedShares_d0_c20240709__20240709__us-gaap--StatementClassOfStockAxis__custom--CommonStocksMember_zdIkwJ95CY8g" title="Outstanding Security, Not Held [Shares]"&gt;994,150,000&lt;/span&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="padding: 1.45pt 4.3pt; text-align: right"&gt;&lt;span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"&gt;&lt;span id="xdx_907_ecef--OutstandingSecurityHeldShares_dn_c20240709__20240709__us-gaap--StatementClassOfStockAxis__custom--CommonStocksMember_zb93MEpIOKV4" title="Outstanding Security, Not Held [Shares]"&gt;None&lt;/span&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="padding: 1.45pt 4.3pt; text-align: right"&gt;&lt;span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"&gt;&lt;span id="xdx_90F_ecef--OutstandingSecurityNotHeldShares_d0_c20240709__20240709__us-gaap--StatementClassOfStockAxis__custom--CommonStocksMember_zj93bzimAL0h" title="Outstanding Security, Not Held [Shares]"&gt;19,586,184&lt;/span&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
&lt;tr style="vertical-align: bottom"&gt;
    &lt;td style="padding: 1.45pt 4.3pt 1.45pt 0.1in; text-indent: -0.1in"&gt;&lt;span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"&gt;&lt;span id="xdx_905_ecef--OutstandingSecurityTitleTextBlock_pid_c20240709__20240709__us-gaap--StatementClassOfStockAxis__custom--SeriesECumulativePreferredStockMember_z76viJIpurS9" title="Outstanding Security, Not Held [Shares]"&gt;Series
    E 4.00% Cumulative Preferred Stock&lt;/span&gt; &lt;/span&gt;&lt;/td&gt;
    &lt;td style="padding: 1.45pt 4.3pt; text-align: right"&gt;&lt;span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"&gt;&lt;span id="xdx_900_ecef--OutstandingSecurityAuthorizedShares_pid_c20240709__20240709__us-gaap--StatementClassOfStockAxis__custom--SeriesECumulativePreferredStockMember_zEXENWjzKQEk" title="Outstanding Security, Authorized [Shares]"&gt;350,000&lt;/span&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="padding: 1.45pt 4.3pt; text-align: right"&gt;&lt;span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"&gt;&lt;span id="xdx_90E_ecef--OutstandingSecurityHeldShares_pid_dn_c20240709__20240709__us-gaap--StatementClassOfStockAxis__custom--SeriesECumulativePreferredStockMember_zyxRo5dZBoDg" title="Outstanding Security, Not Held [Shares]"&gt;None&lt;/span&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="padding: 1.45pt 4.3pt; text-align: right"&gt;&lt;span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"&gt;&lt;span id="xdx_90C_ecef--OutstandingSecurityNotHeldShares_pid_dn_c20240709__20240709__us-gaap--StatementClassOfStockAxis__custom--SeriesECumulativePreferredStockMember_zEwRgdxgwoyd" title="Outstanding Security, Not Held [Shares]"&gt;None&lt;/span&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
&lt;tr style="vertical-align: bottom"&gt;
    &lt;td style="padding: 1.45pt 4.3pt 1.45pt 0.1in; text-indent: -0.1in"&gt;&lt;span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"&gt;&lt;span id="xdx_908_ecef--OutstandingSecurityTitleTextBlock_pid_c20240709__20240709__us-gaap--StatementClassOfStockAxis__custom--SeriesBCumulativePreferredStockMember_zbBAMB8vyv8j" title="Outstanding Security, Not Held [Shares]"&gt;Series
    B 6.00% Cumulative Preferred Stock&lt;/span&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="padding: 1.45pt 4.3pt; text-align: right"&gt;&lt;span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"&gt;&lt;span id="xdx_90E_ecef--OutstandingSecurityAuthorizedShares_pid_c20240709__20240709__us-gaap--StatementClassOfStockAxis__custom--SeriesBCumulativePreferredStockMember_z32RvUL9MHpd" title="Outstanding Security, Authorized [Shares]"&gt;1,995,000&lt;/span&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="padding: 1.45pt 4.3pt; text-align: right"&gt;&lt;span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"&gt;&lt;span id="xdx_901_ecef--OutstandingSecurityHeldShares_pid_dn_c20240709__20240709__us-gaap--StatementClassOfStockAxis__custom--SeriesBCumulativePreferredStockMember_zFEaw6IZmld8" title="Outstanding Security, Not Held [Shares]"&gt;None&lt;/span&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="padding: 1.45pt 4.3pt; text-align: right"&gt;&lt;span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"&gt;&lt;span id="xdx_904_ecef--OutstandingSecurityNotHeldShares_pid_dn_c20240709__20240709__us-gaap--StatementClassOfStockAxis__custom--SeriesBCumulativePreferredStockMember_zRCMHJm7nLmh" title="Outstanding Security, Not Held [Shares]"&gt;None&lt;/span&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
&lt;tr style="vertical-align: bottom"&gt;
    &lt;td style="padding: 1.45pt 4.3pt 1.45pt 0.1in; text-indent: -0.1in"&gt;&lt;span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"&gt;&lt;span id="xdx_901_ecef--OutstandingSecurityTitleTextBlock_pid_c20240709__20240709__us-gaap--StatementClassOfStockAxis__custom--SeriesGCumulativePreferredStockMember_zsrPtuPN2Hi4" title="Outstanding Security, Not Held [Shares]"&gt;Series
    G 5.20% Cumulative Preferred Stock&lt;/span&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="padding: 1.45pt 4.3pt; text-align: right"&gt;&lt;span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"&gt;&lt;span id="xdx_90D_ecef--OutstandingSecurityAuthorizedShares_pid_c20240709__20240709__us-gaap--StatementClassOfStockAxis__custom--SeriesGCumulativePreferredStockMember_zxLpLQ1p1lG8" title="Outstanding Security, Authorized [Shares]"&gt;1,500,000&lt;/span&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="padding: 1.45pt 4.3pt; text-align: right"&gt;&lt;span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"&gt;&lt;span id="xdx_90C_ecef--OutstandingSecurityHeldShares_pid_dn_c20240709__20240709__us-gaap--StatementClassOfStockAxis__custom--SeriesGCumulativePreferredStockMember_znxz9rFfqq0g" title="Outstanding Security, Not Held [Shares]"&gt;None&lt;/span&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="padding: 1.45pt 4.3pt; text-align: right"&gt;&lt;span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"&gt;&lt;span id="xdx_903_ecef--OutstandingSecurityNotHeldShares_pid_dn_c20240709__20240709__us-gaap--StatementClassOfStockAxis__custom--SeriesGCumulativePreferredStockMember_z9NjNCKNlO3d" title="Outstanding Security, Not Held [Shares]"&gt;640,000&lt;/span&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
&lt;/table&gt;

</cef:OutstandingSecuritiesTableTextBlock>
    <cef:OutstandingSecurityTitleTextBlock
      contextRef="From2024-07-092024-07-09_custom_CommonStocksMember"
      id="Fact000108">Common
    Shares </cef:OutstandingSecurityTitleTextBlock>
    <cef:OutstandingSecurityAuthorizedShares
      contextRef="From2024-07-092024-07-09_custom_CommonStocksMember"
      decimals="INF"
      id="Fact000110"
      unitRef="Shares">994150000</cef:OutstandingSecurityAuthorizedShares>
    <cef:OutstandingSecurityHeldShares
      contextRef="From2024-07-092024-07-09_custom_CommonStocksMember"
      decimals="INF"
      id="Fact000112"
      unitRef="Shares">0</cef:OutstandingSecurityHeldShares>
    <cef:OutstandingSecurityNotHeldShares
      contextRef="From2024-07-092024-07-09_custom_CommonStocksMember"
      decimals="INF"
      id="Fact000114"
      unitRef="Shares">19586184</cef:OutstandingSecurityNotHeldShares>
    <cef:OutstandingSecurityTitleTextBlock
      contextRef="From2024-07-092024-07-09_custom_SeriesECumulativePreferredStockMember"
      id="Fact000116">Series
    E 4.00% Cumulative Preferred Stock</cef:OutstandingSecurityTitleTextBlock>
    <cef:OutstandingSecurityAuthorizedShares
      contextRef="From2024-07-092024-07-09_custom_SeriesECumulativePreferredStockMember"
      decimals="INF"
      id="Fact000118"
      unitRef="Shares">350000</cef:OutstandingSecurityAuthorizedShares>
    <cef:OutstandingSecurityHeldShares
      contextRef="From2024-07-092024-07-09_custom_SeriesECumulativePreferredStockMember"
      decimals="INF"
      id="Fact000120"
      unitRef="Shares">0</cef:OutstandingSecurityHeldShares>
    <cef:OutstandingSecurityNotHeldShares
      contextRef="From2024-07-092024-07-09_custom_SeriesECumulativePreferredStockMember"
      decimals="INF"
      id="Fact000122"
      unitRef="Shares">0</cef:OutstandingSecurityNotHeldShares>
    <cef:OutstandingSecurityTitleTextBlock
      contextRef="From2024-07-092024-07-09_custom_SeriesBCumulativePreferredStockMember"
      id="Fact000124">Series
    B 6.00% Cumulative Preferred Stock</cef:OutstandingSecurityTitleTextBlock>
    <cef:OutstandingSecurityAuthorizedShares
      contextRef="From2024-07-092024-07-09_custom_SeriesBCumulativePreferredStockMember"
      decimals="INF"
      id="Fact000126"
      unitRef="Shares">1995000</cef:OutstandingSecurityAuthorizedShares>
    <cef:OutstandingSecurityHeldShares
      contextRef="From2024-07-092024-07-09_custom_SeriesBCumulativePreferredStockMember"
      decimals="INF"
      id="Fact000128"
      unitRef="Shares">0</cef:OutstandingSecurityHeldShares>
    <cef:OutstandingSecurityNotHeldShares
      contextRef="From2024-07-092024-07-09_custom_SeriesBCumulativePreferredStockMember"
      decimals="INF"
      id="Fact000130"
      unitRef="Shares">0</cef:OutstandingSecurityNotHeldShares>
    <cef:OutstandingSecurityTitleTextBlock
      contextRef="From2024-07-092024-07-09_custom_SeriesGCumulativePreferredStockMember"
      id="Fact000132">Series
    G 5.20% Cumulative Preferred Stock</cef:OutstandingSecurityTitleTextBlock>
    <cef:OutstandingSecurityAuthorizedShares
      contextRef="From2024-07-092024-07-09_custom_SeriesGCumulativePreferredStockMember"
      decimals="INF"
      id="Fact000134"
      unitRef="Shares">1500000</cef:OutstandingSecurityAuthorizedShares>
    <cef:OutstandingSecurityHeldShares
      contextRef="From2024-07-092024-07-09_custom_SeriesGCumulativePreferredStockMember"
      decimals="INF"
      id="Fact000136"
      unitRef="Shares">0</cef:OutstandingSecurityHeldShares>
    <cef:OutstandingSecurityNotHeldShares
      contextRef="From2024-07-092024-07-09_custom_SeriesGCumulativePreferredStockMember"
      decimals="INF"
      id="Fact000138"
      unitRef="Shares">640000</cef:OutstandingSecurityNotHeldShares>
</xbrl>
