Senior Securities [Table Text Block] | | Selected data for a Common Share outstanding during the periods stated. Year Ended October 31, 2023 2022 2021 2020 2019 Net asset value – Beginning of year $ 23.810 $ 28.610 $ 21.010 $ 24.340 $ 22.640 Income (Loss) From Operations Net investment income (1) $ 0.494 $ 0.575 $ 0.603 $ 0.622 $ 0.577 Net realized and unrealized gain (loss) (0.948 ) (3.428 ) 8.790 (2.212 ) 2.862 Total income (loss) from operations $ (0.454 ) $ (2.853 ) $ 9.393 $ (1.590 ) $ 3.439 Less Distributions From net investment income $ (0.444 ) $ (0.581 ) $ (0.594 ) $ (0.591 ) $ (0.560 ) From net realized gain (1.342 ) (1.370 ) (1.199 ) (1.149 ) (1.180 ) Total distributions $ (1.786 ) $ (1.951 ) $ (1.793 ) $ (1.740 ) $ (1.740 ) Premium from common shares sold through shelf offering (1) $ — $ 0.004 $ 0.000 (2) $ 0.000 (2) $ 0.001 Net asset value – End of year $ 21.570 $ 23.810 $ 28.610 $ 21.010 $ 24.340 Market value – End of year $ 19.290 $ 24.420 $ 29.360 $ 18.730 $ 24.950 Total Investment Return on Net Asset Value (3) (1.99 )% (10.19 )% 45.70 % (6.13 )% 16.02 % Total Investment Return on Market Value (3) (14.54 )% (10.24 )% 67.72 % (18.36 )% 21.44 % Ratios/Supplemental Data Net assets, end of year (000’s omitted) $ 1,608,161 $ 1,774,707 $ 2,106,999 $ 1,544,154 $ 1,784,376 Ratios (as a percentage of average daily net assets): Expenses excluding interest and fees 1.13 % 1.11 % 1.10 % 1.17 % 1.14 % Interest and fee expense 1.40 % 0.40 % 0.14 % 0.42 % 0.81 % Total expenses 2.53 % (4) 1.51 % (4) 1.24 % 1.59 % 1.95 % Net investment income 2.08 % 2.21 % 2.26 % 2.81 % 2.51 % Portfolio Turnover 29 % 31 % 30 % 54 % 49 % Senior Securities: Total amount outstanding (in 000’s) $ 447,000 $ 447,000 $ 447,000 $ 447,000 $ 447,000 Asset coverage per $1,000 (5) $ 4,598 $ 4,970 $ 5,714 $ 4,454 $ 4,992 Period Ended Year Ended August 31, October 31, (6) 2018 2017 2016 2015 2014 Net asset value – Beginning of year $ 24.250 $ 22.210 $ 21.610 $ 21.220 $ 22.940 $ 19.500 Income (Loss) From Operations Net investment income (1) $ 0.075 $ 0.562 $ 0.824 $ 0.743 $ 0.808 $ 1.429 (9) Net realized and unrealized gain (loss) (1.395 ) 3.218 1.516 1.387 (1.080 ) 3.334 Total income (loss) from operations $ (1.320 ) $ 3.780 $ 2.340 $ 2.130 $ (0.272 ) $ 4.763 Less Distributions From net investment income $ (0.214 ) $ (0.469 ) $ (0.863 ) $ (0.733 ) $ (1.085 ) $ (1.323 ) From net realized gain (0.076 ) (1.271 ) (0.877 ) (1.007 ) (0.363 ) — Total distributions $ (0.290 ) $ (1.740 ) $ (1.740 ) $ (1.740 ) $ (1.448 ) $ (1.323 ) Net asset value – End of year $ 22.640 $ 24.250 $ 22.210 $ 21.610 $ 21.220 $ 22.940 Market value – End of year $ 22.170 $ 24.370 $ 21.730 $ 20.880 $ 19.290 $ 20.560 Total Investment Return on Net Asset Value (3) (5.48 )% (7) 17.79 % 11.57 % 11.25 % (0.67 )% 25.90 % Total Investment Return on Market Value (3) (7.90 )% (7) 20.98 % 12.97 % 18.24 % 0.76 % 24.80 % Ratios/Supplemental Data Net assets, end of year (000’s omitted) $ 1,650,454 $ 1,767,150 $ 1,617,605 $ 1,573,697 $ 1,545,306 $ 1,671,173 Ratios (as a percentage of average daily net assets): Expenses excluding interest and fees (10) 1.14 % (8) 1.14 % 1.16 % 1.18 % 1.14 % 1.15 % Interest and fee expense 0.74 % (8) 0.61 % 0.46 % 0.29 % 0.21 % 0.22 % Total expenses (10) 1.88 % (8) 1.75 % 1.62 % 1.47 % 1.35 % 1.37 % Net investment income 1.88 % (8) 2.41 % 3.75 % 3.53 % 3.57 % 6.63 % (9) Portfolio Turnover 4 % (7) 58 % 85 % 91 % 99 % 68 % Senior Securities: Total amount outstanding (in 000’s) $ 447,000 $ 447,000 $ 447,000 $ 447,000 $ 447,000 $ 447,000 Asset coverage per $1,000 (5) $ 4,692 $ 4,953 $ 4,619 $ 4,521 $ 4,457 $ 4,739 (1) Computed using average common shares outstanding. (2) Amount is less than $0.0005. (3) Returns are historical and are calculated by determining the percentage change in net asset value or market value with all distributions reinvested. Distributions are assumed to be reinvested at prices obtained under the Fund’s dividend reinvestment plan. (4) Includes a reduction by the investment adviser of a portion of its adviser fee due to the Fund’s investment in the Morgan Stanley Institutional Liquidity Funds – Government Portfolio (equal to less than 0.005% of average daily net assets for the years ended October 31, 2023 and 2022). (5) Calculated by subtracting the Fund’s total liabilities (not including the borrowings payable/notes payable) from the Fund’s total assets, and dividing the result by the borrowings payable/notes payable balance in thousands. (6) For the two months ended October 31, 2018. Effective September 1, 2018, the fiscal year-end of the Fund changed from August 31 to October 31. (7) Not annualized. (8) Annualized. (9) Net investment income per share includes special dividends which amounted to $0.501 per share. Excluding special dividends, the ratio of net investment income to average daily net assets would have been 4.30%. (10) Excludes the effect of custody fee credits, if any, of less than 0.005%. Effective September 1, 2015, custody fee credits, which were earned on cash deposit balances, were discontinued by the custodian. | | | | | | | | | | | |