SCHEDULE 13D


DATE OF EVENT WHICH REQUIRES FILING OF THIS STATEMENT
3/17/2010


1. NAME OF REPORTING PERSON
BBulldog Investors, Phillip Goldstein, Andrew Dakos and
Brooklyn Capital Management LLC.


2. CHECK THE BOX IF MEMBER OF A GROUP                  a[X]

                                                       b[]

3. SEC USE ONLY

4. SOURCE OF FUNDS
WC


5. CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED
PURSUANT TO ITEMS 2(d) AND 2(e)                        []

6. CITIZENSHIP OR PLACE OF ORGANIZATION
USA
___________________________________________________________


7. SOLE VOTING POWER
1,685,825

8. SHARED VOTING POWER
14,880

9. SOLE DISPOSITIVE POWER
1,700,705
_______________________________________________________

10. SHARED DISPOSITIVE POWER

0

11. AGGREGATE AMOUNT OWNED BY EACH REPORTING PERSON
1,700,705

12. CHECK IF THE AGGREGATE AMOUNT EXCLUDES CERTAIN SHARES

[]
___________________________________________________________


13. PERCENT OF CLASS REPRESENTED BY ROW 11

17.61%

14. TYPE OF REPORTING PERSON

IA
_______________________________________________________

Item 1. SECURITY AND ISSUER

This statement constitutes Amendment #5 to the schedule 13d
filed Nov 5, 2009. Except as specifically set forth
herein, the Schedule 13d remains unmodified.



ITEM 3. SOURCE AND AMOUNT OF FUNDS AND OTHER CONSIDERATIONS
Shares of the Issuer have been accumulated on behalf of managed
accounts.

Item 4.PURPOSE OF TRANSACTION
On November 12, 2009, Opportunity Partners L.P., an affiliate of the filing
persons sent a letter to the issuer to give notice of its intent at the 2010
Annual Meeting of Shareholders to (1) nominate two persons for election as
directors and (2)submit a proposal recommending that stockholders be afforded
an opportunity to realize net asset value ("NAV").  Since then, the filing
persons have communicated with representatives of the issuer. On March 17,2010
the issuer announced that the  Board of Directors will establish a Special
Committee  to examine and explore ways to address the discount between the
market price per share and the NAV per share.  The filing persons believe
the Board is acting in good faith to address this matter.  Consequently, the
filing persons have advised the issuer that Opportunity Partners L.P. will
not make any nominations or present any proposals at the 2010 Annual Meeting
of Shareholders.


ITEM 5. INTEREST IN SECURITIES OF THE ISSUER
As per the Form N-CSRS filed on September 3,2009 there were 9,655,236 shares
of common stock outstanding as of June 30, 2009. The percentage set forth
in item 5 was derived using such number. Bulldog Investors, Phillip Goldstein
and Andrew Dakos beneficially own an aggregate of 1,700,705 shares of FGI or
17.61% of the outstanding shares.Power to dispose of and vote
securities resides either with Mr. Goldstein, Mr. Dakos or with clients.

c) Since the last filing on 2/22/10 no shares of FGI were purchased or sold.



d) Beneficiaries of managed accounts are entitled to receive any
dividends or sales proceeds.

e) NA

ITEM 6. CONTRACTS,ARRANGEMENTS,UNDERSTANDINGS OR RELATIONSHIPS
WITH RESPECT TO SECURITIES OF THE ISSUER.
None.


ITEM 7. MATERIAL TO BE FILED AS EXHIBITS
None


After reasonable inquiry and to the best of my knowledge
and belief, I certify that the information set forth in this
statement is true, complete and correct.

Dated: 3/17/2010

By: /s/ Phillip Goldstein
Name:   Phillip Goldstein

By: /S/ Andrew Dakos
Name:   Andrew Dakos