Counterparty Risk (Tables)

9 Months Ended

Sep. 30, 2018

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

The following table details the percentage of such collateral held by counterparties who hold greater than 15% of the aggregate $1.93 billion in collateral for various reverse repurchase agreements as of September 30, 2018. In addition to the below, unencumbered investments, on a settlement date basis, of approximately $37.2 million were held in custody at the Bank of New York Mellon Corporation as of September 30, 2018.



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

% Of Total Deposits With Dealers Held As Collateral

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



Dealer		% of Total Due from Brokers
Morgan Stanley		39%
J.P. Morgan Securities LLC		23%
BNP Paribas Securities Corp.		17%

% Of Total Receivable For Securities Sold

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



Dealer		% of Total Receivable for Securities Sold
J.P. Morgan Securities LLC		42%
Bank of America Securities		27%

Schedule of Cash and Cash Equivalents [Table Text Block]

In addition, the Company held cash and cash equivalents of $53.6 million and $47.2 million as of September 30, 2018 and December 31, 2017, respectively. The below table details the concentration of cash and cash equivalents held by each counterparty:



	As of
Counterparty	September 30, 2018	December 31, 2017
Bank of New York Mellon Corporation	63%	37%
Deutsche Bank Securities	10%	5%
Bank of America Securities	8%	2%
Morgan Stanley Institutional Liquidity Fund—Government Portfolio	5%	—%
BlackRock Liquidity Funds FedFund Portfolio	5%	56%
Goldman Sachs Financial Square Funds—Government Fund	5%	—%
US Bank N.A.	4%	—%