The Trust is a diversified, closed-end management investment company registered under the Investment Company Act of 1940, as amended, and the rules, regulations, and applicable exemptive orders thereunder ("1940 Act"). It was organized as a Massachusetts business trust on December 2, 1987. As of June 5, 2020 the Trust's net asset value ("NAV") per Common Share was $4.71. The Trust 's investment objective is to provide investors with as high a level of current income as is consistent with the preservation of capital. There is no assurance that the Trust will achieve its investment objective. The investment objective is fundamental and may not be changed without a majority vote of the shareholders of the Trust.