CEF Advisors

7204 Glen Forest Drive, Suite #105 Richmond, Virginia 23226 USA   ♦   Toll-Free: (800) 356-3508 / Local: (804) 288-2482    ♦   www.CEFadvisors.com   ♦   Contact@CEFadvisors.com

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Cutwater Sel Incm Fd (INSI)

Taxable Bond Funds - Investment Grade Bond

Data as of April 27, 2017
Market Price $19.33 ( $0.00)
NAV (April 26, 2017) $20.75 ( $0.00)
Premium / Discount -6.84% (-0.00%)
Fund Info
Inception June 7, 1971
Sponsor Cutwater Asset Management
Website www.cutwater.com/cutwa...
Objective: High rate of return; Debt securities
Related Indexes
Investment Grade Bond Index
Capital & Leverage
Outstanding Shares 10,710,035
Gross Assets $228M
Net Assets $222M
Market Cap $207M
Purchases Turnover 40.77%
Sales Turnover 40.78%
Total Leverage 28.83%
Structural Leverage (out of total) 28.83%
Portfolio Leverage (out of total) 0.00%
Expense Ratio 0.74%
Non Lev Exp Ratio 0.74%
Rel Lev Cost %
Discount Data
Average Discount (3 Yr) -6.96%
Discount Low(3 Yr) -11.48%
Discount High(3 Yr) 0.95%
Discount Rel Range 37.31%
Comp Discount -3.87
Discount St Dev (1Yr) 1.91
Z-Stat (6mo) 0.81
Z-Stat (1Yr) -0.50
Z-Stat (3Yr) 0.07
Comp Z-Stat (6mo) 0.39
Comp Z-Stat (3Yr) -0.69
Distribution Data
Market Yield 4.14%
Income Yield 4.14%
Lev Adj NAV Yield 2.99%
Distribution Frequency Q
Current Distribution $0.200
Current Income $0.200
Ex-Date 4/3/17
Payable Date 5/9/17
Div Growth (3yr) -24.53%
Dividend Change -11.1% on 12/7/16
Expected Div 6/15/17
RoC (1yr) 0.00%
RoC (3yr) 0.00%
Volume & Liquidity
Average Daily $ (M) $412
Avg Volume 30 day 20,354
Avg Volume 90 day 21,300
Volume Trend -4.44%
Comp Volume Trend 0.96%
Correlation & Volatility
Correlation (30 d) 68.9%
Correlation (90 d) 66.7%
Correlation (1 Yr) 82.4%
Price St Dev (1Yr) 8.3%
NAV St Dev (1Yr) 3.7%
Earnings / Share (9/30/16) $0.222
Earn Coverage 110.75%
Earnings Trend Down
UNII / Share (9/30/16) $-0.340
Rel UNII -42.46
UNII Trend Down
Bond Specific Data
Maturity 14.62
Duration 6.45
Credit Rating (rbo) BBB
Investment Grade 84.13%
Non Investment Grade 15.38%
Unrated Bonds 0.49%
NAV Beta (2yr)
vs. iShares 20+ Year Treasury Bond


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NOTES: Distribution type sourced from CEFdata.com. For specific information about a fund's distribution sources, visit the fund sponsor's website.

The following information applies to closed-end funds and business development companies in general: Fund shares are not guaranteed or endorsed by any bank or other insured depository institution, and are not federally insured by the Federal Deposit Insurance Corporation (FDIC). Shares of closed-end funds (CEFs) and business development companies (BDCs) are subject to investment risks, including the possible loss of principal invested. There can be no assurance that fund objectives will be achieved. Closed-end funds and business development companies frequently trade at a discount to their net asset value. NAV returns are net of fund expenses, and assume reinvestment of distributions.

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