11. Alternative Income Index

About the Index

All funds in index must be monthly or quarterly paying funds that have a 6%+ with 65%+ of the yield paid February to October (seeking to avoid large year-end dividends to cause inclusion in the index, and not counting special dividends in this calculation for yield). (1) 15% allocation to all the funds in the Hybrid / Balanced Index, equal weight (2) 15% allocation to all the funds in the Multisector Bond Index, equal weight. (3) 14% allocation to funds in the Equity Income Index (non MLP/Non REIT) 1/3 of funds from the index (after MLP/REIT removal) ranked by lowest daily NAV correlation over the past 6 months to the Equity Income Index NAV, equal weight. (4) 14% allocation to funds in the Taxable Bond and BDC Index (non BDC or Multisector funds) 1/4 of the funds from the index (after BDC / Multisector fund removal) ranked by lowest daily NAV correlation in the past 6 months to the Taxable Bond and BDC Index's NAV, equal weight. (5) 10% allocation to the 10 most liquid as measured by 90 day average trade volume for the BDCs in our BDC index while allowing only 1 BDC per Fund Sponsor, equal weight. (6) 10% allocation to the 10 most liquid as measured by 90 day average trade volume for the MLP funds in our MLP index while only allowing 1 MLP fund per Fund Sponsor, equal weight. (7) 8% allocation to 1/2 of the REIT / Real Asset Funds in our index with the lowest 6 month NAV correlation to the Index's NAV while allowing only 1 fund per Fund Sponsor (lowest correlation), equal weight. (8) 8% allocation to any non-BDC CEFs that report a quarterly NAV, equal weight. (9) 6% allocation to the 5 Preferred Equity funds in our Preferred Equity Index with the lowest 6 month NAV correlation to the Preferred Equity Index's NAV while allowing only 1 fund per Fund Sponsor (lowest correlation), equal weight. The index constituents will be rebalanced each quarter. We manually have removed DXYZ from firm benchmarks.

Index Performance

	Current($)	Previous Day(%)	1 Week(%)	1 Month(%)	3 Month(%)	6 Month(%)	1 Year(%)	3 Year(%)	5 Year(%)	10 Year(%)	MTD(%)	QTD(%)	YTD(%)
Price	1,764.05	-0.56	0.37	3.44	1.78	7.20	18.95	5.87	5.79	6.46	3.06	3.06	3.06
NAV	1,706.86	-0.49	0.16	1.83	1.50	5.88	14.04	5.56	6.10	6.05	1.46	1.46	1.46
Difference		0.07	-0.21	-1.61	-0.28	-1.32	-4.91	-0.31	0.32	-0.41	-1.59	-1.59	-1.59
* Periods greater than 1 Year are annualized. ** On Inception Date (12/30/16), Index Price was $1,000 and NAV was $1,000.08

2024 - Monthly Performance (%)
	Jan	Feb	Mar	Q1	Apr	May	Jun	Q2	1H	Jul	Aug	Sep	Q3	Oct	Nov	Dec	Q4	2H	2024
Price	2.50	1.78	3.21	7.67	-1.95	3.64	2.07	3.72	11.68	2.67	2.06	2.80	7.72	-1.62	3.48	-3.92	-2.18	5.37	17.68
NAV	0.47	1.59	2.45	4.57	-1.62	2.76	1.01	2.13	6.79	2.02	1.94	2.01	6.09	-0.81	2.68	-2.45	-0.65	5.40	12.57
Difference	-2.03	-0.20	-0.76	-3.10	0.33	-0.88	-1.05	-1.59	-4.89	-0.65	-0.12	-0.79	-1.63	0.81	-0.81	1.47	1.53	0.03	-5.12
2023 - Monthly Performance (%)
	Jan	Feb	Mar	Q1	Apr	May	Jun	Q2	1H	Jul	Aug	Sep	Q3	Oct	Nov	Dec	Q4	2H	2023
Price	8.75	-2.56	-3.38	2.38	0.99	-2.25	4.54	3.20	5.66	4.04	-1.79	-3.62	-1.52	-4.16	8.52	4.08	8.25	6.61	12.64
NAV	5.58	-2.75	-0.97	1.68	1.16	-2.06	3.07	2.12	3.83	2.87	-1.45	-2.32	-0.96	-1.88	6.26	3.93	8.37	7.32	11.44
Difference	-3.17	-0.19	2.41	-0.71	0.17	0.19	-1.46	-1.08	-1.82	-1.17	0.34	1.31	0.55	2.29	-2.26	-0.15	0.12	0.72	-1.20
2022 - Monthly Performance (%)
	Jan	Feb	Mar	Q1	Apr	May	Jun	Q2	1H	Jul	Aug	Sep	Q3	Oct	Nov	Dec	Q4	2H	2022
Price	-0.51	-3.03	1.97	-1.63	-5.81	-0.29	-6.69	-12.37	-13.79	7.41	-2.04	-12.07	-7.48	5.55	5.35	-4.44	6.27	-1.69	-15.25
NAV	-1.59	-0.57	1.17	-1.00	-4.07	0.05	-6.08	-9.85	-10.76	5.03	-2.06	-6.92	-4.26	2.66	4.22	-1.53	5.35	0.86	-9.99
Difference	-1.08	2.46	-0.80	0.63	1.73	0.34	0.62	2.51	3.04	-2.38	-0.02	5.15	3.22	-2.90	-1.13	2.90	-0.92	2.54	5.25
2021 - Monthly Performance (%)
	Jan	Feb	Mar	Q1	Apr	May	Jun	Q2	1H	Jul	Aug	Sep	Q3	Oct	Nov	Dec	Q4	2H	2021
Price	2.60	4.69	3.50	11.17	4.53	2.38	2.07	9.23	21.43	-0.08	1.33	-2.59	-1.38	4.64	-2.56	1.41	3.40	1.98	23.84
NAV	1.30	2.19	2.26	5.86	2.98	1.80	1.21	6.10	12.32	0.65	1.50	-1.38	0.75	2.26	-1.64	2.28	2.87	3.64	16.41
Difference	-1.30	-2.49	-1.24	-5.31	-1.55	-0.58	-0.86	-3.13	-9.11	0.74	0.16	1.22	2.13	-2.39	0.92	0.86	-0.53	1.66	-7.43
2020 - Monthly Performance (%)
	Jan	Feb	Mar	Q1	Apr	May	Jun	Q2	1H	Jul	Aug	Sep	Q3	Oct	Nov	Dec	Q4	2H	2020
Price	1.44	-10.30	-29.32	-35.68	15.28	5.11	0.19	21.41	-21.91	2.71	4.11	-3.64	3.03	-1.22	13.70	4.03	16.84	20.38	-5.99
NAV	0.16	-4.81	-19.88	-23.61	10.34	2.71	0.29	13.65	-13.19	3.29	2.42	-1.40	4.32	-0.14	7.57	4.06	11.77	16.59	1.22
Difference	-1.29	5.48	9.44	12.07	-4.95	-2.40	0.09	-7.76	8.72	0.59	-1.69	2.24	1.28	1.08	-6.13	0.02	-5.07	-3.79	7.21
2019 - Monthly Performance (%)
	Jan	Feb	Mar	Q1	Apr	May	Jun	Q2	1H	Jul	Aug	Sep	Q3	Oct	Nov	Dec	Q4	2H	2019
Price	11.63	1.90	1.41	15.34	2.21	-2.42	3.87	3.60	19.50	1.61	-2.20	2.13	1.50	0.44	0.19	2.40	3.04	4.58	24.97
NAV	6.70	1.40	1.92	10.27	1.10	-1.37	2.82	2.53	13.06	0.56	-0.87	1.23	0.91	0.26	0.20	2.81	3.28	4.22	17.83
Difference	-4.93	-0.49	0.51	-5.07	-1.11	1.05	-1.05	-1.07	-6.44	-1.06	1.33	-0.90	-0.58	-0.18	0.01	0.41	0.24	-0.36	-7.14
2018 - Monthly Performance (%)
	Jan	Feb	Mar	Q1	Apr	May	Jun	Q2	1H	Jul	Aug	Sep	Q3	Oct	Nov	Dec	Q4	2H	2018
Price	1.05	-2.84	-0.61	-2.42	2.52	1.49	0.05	4.10	1.58	2.60	0.89	-1.21	2.25	-7.13	0.69	-6.11	-12.21	-10.23	-8.81
NAV	2.01	-3.24	-0.92	-2.21	1.49	1.17	-0.24	2.42	0.16	2.19	0.90	-0.15	2.95	-3.57	0.01	-3.76	-7.18	-4.44	-4.29
Difference	0.96	-0.40	-0.32	0.21	-1.03	-0.32	-0.29	-1.67	-1.42	-0.41	0.01	1.07	0.70	3.56	-0.68	2.36	5.03	5.79	4.53
2017 - Monthly Performance (%)
	Jan	Feb	Mar	Q1	Apr	May	Jun	Q2	1H	Jul	Aug	Sep	Q3	Oct	Nov	Dec	Q4	2H	2017
Price	4.56	3.30	0.79	8.85	2.73	-0.23	0.44	2.95	12.06	1.97	-0.94	1.43	2.45	-0.87	-1.20	2.13	0.03	2.49	14.85
NAV	2.31	1.85	0.63	4.86	1.08	0.49	0.71	2.30	7.27	1.65	-0.02	0.61	2.24	0.15	0.35	1.71	2.22	4.51	12.11
Difference	-2.25	-1.45	-0.15	-4.00	-1.65	0.72	0.28	-0.65	-4.79	-0.32	0.92	-0.82	-0.21	1.02	1.54	-0.42	2.18	2.02	-2.74
2016 - Monthly Performance (%)
	Jan	Feb	Mar	Q1	Apr	May	Jun	Q2	1H	Jul	Aug	Sep	Q3	Oct	Nov	Dec	Q4	2H	2016
Price	-5.47	0.24	7.84	2.19	4.64	0.74	3.43	9.03	11.42	4.34	2.37	-0.17	6.63	-2.74	0.72	1.93	-0.15	6.47	18.63
NAV	-3.91	-0.74	4.48	-0.34	3.57	1.33	3.17	8.27	7.90	2.75	0.80	2.01	5.65	-1.34	-0.14	2.28	0.76	6.46	14.86
Difference	1.56	-0.97	-3.36	-2.53	-1.08	0.59	-0.26	-0.77	-3.52	-1.59	-1.57	2.18	-0.98	1.40	-0.87	0.35	0.91	-0.01	-3.76
2015 - Monthly Performance (%)
	Jan	Feb	Mar	Q1	Apr	May	Jun	Q2	1H	Jul	Aug	Sep	Q3	Oct	Nov	Dec	Q4	2H	2015
Price	0.55	3.10	-1.29	2.33	2.07	-0.84	-4.86	-3.70	-1.45	-1.93	-3.19	-5.42	-10.20	7.13	-2.06	-3.19	1.57	-8.79	-10.11
NAV	0.06	2.09	-0.37	1.77	1.82	-0.27	-2.32	-0.81	0.95	-0.29	-3.12	-4.35	-7.60	4.18	-1.71	-3.84	-1.54	-9.02	-8.16
Difference	-0.49	-1.01	0.92	-0.56	-0.25	0.57	2.53	2.89	2.40	1.64	0.07	1.07	2.60	-2.95	0.35	-0.65	-3.11	-0.23	1.96
2014 - Monthly Performance (%)
	Jan	Feb	Mar	Q1	Apr	May	Jun	Q2	1H	Jul	Aug	Sep	Q3	Oct	Nov	Dec	Q4	2H	2014
Price	1.10	3.33	0.14	4.62	2.37	2.70	2.78	8.06	13.05	-2.51	2.99	-3.85	-3.45	1.13	0.81	-3.03	-1.14	-4.55	7.90
NAV	0.67	2.68	1.40	4.81	1.55	2.08	2.72	6.47	11.59	-1.09	2.32	-2.29	-1.11	0.19	0.21	-2.15	-1.75	-2.84	8.43
Difference	-0.43	-0.66	1.25	0.19	-0.82	-0.62	-0.07	-1.58	-1.46	1.42	-0.67	1.56	2.34	-0.94	-0.60	0.89	-0.60	1.72	0.53
2013 - Monthly Performance (%)
	Jan	Feb	Mar	Q1	Apr	May	Jun	Q2	1H	Jul	Aug	Sep	Q3	Oct	Nov	Dec	Q4	2H	2013
Price	5.48	1.31	1.95	8.95	1.81	-2.32	-2.02	-2.56	6.16	0.01	-2.84	1.68	-1.20	2.98	0.23	1.53	4.79	3.53	9.92
NAV	3.58	0.52	2.00	6.20	1.83	-0.73	-2.50	-1.44	4.67	1.73	-1.82	2.46	2.34	2.50	0.42	1.50	4.47	6.91	11.90
Difference	-1.90	-0.80	0.05	-2.75	0.01	1.59	-0.48	1.12	-1.49	1.73	1.02	0.78	3.54	-0.48	0.19	-0.03	-0.32	3.38	1.99
2012 - Monthly Performance (%)
	Jan	Feb	Mar	Q1	Apr	May	Jun	Q2	1H	Jul	Aug	Sep	Q3	Oct	Nov	Dec	Q4	2H	2012
Price	8.05	3.70	-0.68	11.28	0.28	-3.41	4.01	0.75	12.12	3.03	2.85	2.39	8.50	-0.05	-0.93	0.24	-0.75	7.69	20.74
NAV	3.62	2.64	0.65	7.04	0.44	-3.63	3.89	0.56	7.64	2.46	1.53	1.30	5.38	0.53	0.01	2.79	3.34	8.89	17.22
Difference	-4.43	-1.06	1.33	-4.24	0.16	-0.22	-0.12	-0.19	-4.48	-0.57	-1.32	-1.09	-3.12	0.58	0.94	2.55	4.08	1.20	-3.53

Performance Chart

Discount

Characteristics

PORTFOLIO Weighted Average Data
Discount -0.06%	1Yr Disc -1.36%	3Yr Disc -2.92%	5Yr Disc -2.18%	Rel Disc Range (3yr) 60.63%
Mkt Yield 10.84%	Lev Adj NAV Yield 8.73%	After Tax Yield* 9.24%	Est Tax Friction* 1.60%	3Yr NAV Volatiliy 12.13
1 Yr RoC 44.87%	3 Yr Dest RoC 30.26%	Leverage 26.42%	Non Lev Exp Ratio 1.86%	Beta (2yr) 0.65
Equity Exposure 43.53%	Bond Exposure 53.55%	# Holdings 84	Cash Weighted Duration 1.70
Comp NAV TR -0.90%	Comp Discount 2.75%	Net Assets (M) 1,283	Liquidity - 90d (K) 6,377
* Based on marginal tax rates of 25% and long-term capital gains rates of 15%.

Asset Allocation

Asset Allocation as reported by each fund's sponsor as of the last reporting period.

Constituents

84 Funds

Ticker	Name	Sponsor	Allocation	Discount	Market Yield	RoC(1yr)	Leverage	Net Assets	Liquidity (90d)
NMAI	Nuv Multi-Asset Incm Fd	Nuveen	1.07	-8.61	13.57	76.94	30.19	450	1,442
CPZ	Calamos Lng-Srt Eq & Dyn Incm	Calamos	2.17	-11.46	10.77	11.31	26.60	346	1,207
AIO	Virtus AI & Tech Opp Fd	Virtus	1.01	2.73	7.59	8.17	14.28	793	2,179
CSQ	Calamos Stgc Tot Rtn Fd	Calamos	1.08	-1.68	6.77	82.06	31.42	2,962	3,511
ZTR	Virtus Tot Rtn Fd	Virtus	2.04	-10.03	10.14	97.50	29.65	406	1,820
FOF	C&S CE Opp Fd	Cohen&Steers	1.03	2.79	8.35	62.58	0.00	336	611
BCAT	BR Cap Alloc Trm Tr	BlackRock	1.07	-6.31	22.47	87.72	0.00	1,727	6,819
CGO	Calamos Glbl Tot Rtn Fd	Calamos	1.05	-2.16	8.47	8.33	35.27	114	282
GUG	Gghm Active Alloc Fd	Guggenheim Funds	1.09	-7.92	9.21	32.68	27.84	554	1,706
TBLD	Thornburg Incm Bldr Opp Tr	Thornburg Inv Mgmt	1.09	-10.40	7.41	5.15	0.00	604	1,417
GLV	Clough Glbl Div & Incm Fd	Clough	1.06	-11.58	11.48	90.11	26.62	78	194
CHW	Calamos Glbl Dyn Incm Fd	Calamos	1.07	-9.86	8.75	8.33	35.01	486	1,086
RIV	RiverNorth Opp Fd	RiverNorth	1.09	-3.38	12.75	81.88	33.14	267	1,055
SCD	LMP Cap & Incm Fd	Franklin Templeton	1.07	-2.56	7.74	11.52	18.14	308	606
GLO	Clough Glbl Opp Fd	Clough	1.08	-11.56	11.39	100.00	25.15	256	927
ECAT	BR ESG Cap Alloc Trm Tr	BlackRock	1.05	-7.30	22.50	91.73	0.00	1,756	4,633
DSL	DbLin Incm Solutions Fd	Doubleline	0.84	0.56	10.49	11.89	22.05	1,377	5,541
BIT	BR Mlt-Sctr Incm Tr	BlackRock	0.84	0.96	10.13	36.90	37.40	578	2,544
BTZ	BR Cr Alloc Incm Tr	BlackRock	0.86	-5.40	9.42	33.39	33.66	1,055	2,955
DBL	DbLin Opportunistic Cr Fd	Doubleline	0.85	1.88	8.42	28.41	14.15	280	1,012
BRW	Saba Cap Incm & Opp Fd	Saba Capital	0.85	-8.47	13.11	39.93	20.16	362	1,767
PAXS	PIMCO Access Incm Fd	PIMCO	0.88	3.59	11.28	10.40	38.83	680	4,575
GOF	Gghm Stgc Opp Fd	Guggenheim Funds	0.82	28.16	14.55	56.71	17.31	1,862	13,746
PHK	PIMCO Hi Incm Fd	PIMCO	0.86	4.68	11.71	9.26	13.06	789	3,148
PCF	Hi Incm Sec Fd	Hi Incm Sec Fd	0.85	-7.28	10.75	37.89	0.00	210	932
PFN	PIMCO Incm Stgy Fd II	PIMCO	0.84	3.62	11.58	9.62	11.08	653	2,276
AWF	AB Glbl Hi Incm Fd	AllianceBernstein	0.85	-4.56	7.22	0.00	15.10	983	2,652
HFRO	Highland Opp & Incm Fd	NexPoint	0.91	-55.85	8.16	0.00	14.86	848	2,238
PDO	PIMCO Dyn Incm Opp Fd	PIMCO	0.85	4.89	11.19	6.52	36.72	1,619	9,751
RA	Brkf Real Ast Incm Fd	Brookfield	0.85	-9.09	10.57	22.11	20.23	814	2,983
NPCT	Nuv Core Plus Impact Fd	Nuveen	0.86	-8.19	13.27	56.63	35.14	337	1,830
PFL	PIMCO Incm Stgy Fd	PIMCO	0.85	3.96	11.63	18.91	15.70	350	1,295
WDI	WA Divr Incm Fd	Franklin Templeton	0.87	-2.63	12.04	0.00	31.38	787	3,328
PDI	PIMCO Dyn Incm Fd	PIMCO	0.88	11.40	13.88	20.37	32.48	6,041	37,651
FINS	Angel Oak Fin Stgs Incm Trm Tr	Angel Oak	0.87	-5.89	9.87	45.90	27.60	353	1,359
BHK	BR Core Bnd Tr	BlackRock	0.84	1.55	8.54	37.08	39.32	559	1,599
CRF	Cornerstone Tot Rtn Fd	Cornerstone	0.98	28.15	16.04	62.69	0.00	794	8,732
CLM	Cornerstone Stgc Inv Fd	Cornerstone	1.00	22.63	16.73	68.23	0.00	1,779	18,347
DNP	DNP Sel Incm Fd	Virtus	1.03	3.58	8.43	28.21	25.07	3,300	6,600
GUT	Gabelli Util Tr	Gabelli	1.06	74.04	11.05	94.33	15.00	273	1,608
BTO	JH Fin Opp Fd	John Hancock	1.02	1.81	6.99	27.67	14.58	720	1,780
MEGI	MainStay CBRE Glbl Infra MTrnd Trm	New York Life	0.99	-11.49	12.10	33.33	23.50	729	2,692
UTF	C&S Infra Fd	Cohen&Steers	0.98	0.21	7.69	3.98	27.60	2,329	4,759
THQ	abrdn Health Opp Fd	abrdn	1.09	-1.27	10.32	78.08	19.60	877	3,850
GGN	GAMCO Glbl Gd NtrRes Incm	Gabelli	1.05	-1.72	8.98	78.61	11.00	630	2,255
HQH	abrdn Health Invstr	abrdn	1.12	-8.52	13.91	71.76	0.00	1,033	4,306
IAE	Voya AP Hi Div Eq Incm Fd	Voya	1.00	-12.16	12.70	90.14	0.00	77	269
BST	BR Sci & Tech Tr	BlackRock	0.98	-5.27	8.19	9.35	0.00	1,343	4,204
AEF	abrdn Emrg Mkt Eq Incm Fd	abrdn	1.02	-9.80	7.49	90.28	11.73	300	672
BSTZ	BR Sci & Tech Trm Tr	BlackRock	0.97	-8.70	12.76	57.97	0.00	1,638	4,307
PCN	PIMCO Corp & Incm Stgy Fd	PIMCO	1.44	13.49	10.03	10.87	4.63	746	2,819
BKT	BR Incm Tr	BlackRock	1.43	-1.27	9.10	61.72	23.38	251	727
FAX	abrdn Asia-Pacific Incm Fd	abrdn	1.51	-7.75	12.80	42.84	38.23	692	2,672
PTY	PIMCO Corp & Incm Opp Fd	PIMCO	1.45	24.89	9.76	14.70	14.08	2,068	8,962
RCS	PIMCO Stgc Incm Fd	PIMCO	1.19	42.60	7.55	7.23	33.87	207	1,399
OPP	RiverNorth DbLin Stgc Opp Fd	RiverNorth	1.44	-7.46	13.52	39.80	35.20	209	1,287
EVV	EV Ltd Dur Incm Fd	Eaton Vance	1.48	-3.62	8.65	27.88	40.40	1,219	3,198
EDD	MS Emrg Mkt Dom Dbt	Morgan Stanley	1.53	-7.99	13.56	0.00	16.58	331	1,267
XFLT	XAI Octgn Flt Rt & Alt Incm Tr	XA Investments	1.40	-0.91	14.13	5.88	39.60	494	4,846
VVR	Invsc Sr Incm Tr	Invesco	1.46	3.32	11.26	14.21	32.32	601	3,797
TEI	Tmp Emrg Mkt Incm Fd	Franklin Templeton	1.50	-6.88	10.54	0.00	19.58	274	847
ARCC	Ares Capital Corp	Ares	1.19	17.86	8.24	0.00	49.82	12,773	101,584
BXSL	Blackstone Secur Lending Fd	Blackstone	1.17	21.01	9.33	0.00	51.64	5,909	32,459
FSK	FS KKR Capital Corp	FS/KKR	1.17	-4.32	11.23	0.00	53.36	6,671	30,484
OBDC	Blue Owl Cap Corp	Blue Owl	1.12	-2.75	9.97	0.00	54.94	7,796	31,374
HTGC	Hercules Capital	Hercules	1.16	82.81	7.68	0.00	47.57	1,852	22,374
GBDC	Golub Capital BDC	Golub Capital	1.15	2.63	10.01	0.00	53.12	4,014	19,951
PSEC	Prospect Capital Corp	Prospect Capital	1.15	-45.93	12.33	0.00	51.18	3,533	16,493
OCSL	Oaktree Splty Lending	Oaktree Capital	1.15	-12.60	13.92	0.00	51.24	1,488	12,373
GSBD	Goldman Sachs BDC	Goldman Sachs	1.22	-5.39	14.05	0.00	52.97	1,588	13,197
CSWC	Cap Southwest Corp	Capital Southwest	1.14	34.96	10.36	0.00	48.93	791	13,031
KYN	KA Nrg Infra Fd	Kayne Anderson	1.15	-8.91	7.34	5.76	20.00	2,429	6,296
EMO	CB Nrg Midstream Opp Fd	Franklin Templeton	1.18	-8.83	8.07	0.00	25.59	979	2,452
SRV	NXG Cushing Midstream Nrg Fd	Cushing	1.17	5.23	11.56	94.49	28.37	178	2,199
NML	NB Nrg Infra & Incm Fd	Neuberger Berman	1.14	-9.28	7.80	100.00	17.05	561	1,888
TYG	Tortoise Nrg Infra Corp	Tortoise	1.18	-8.41	9.88	79.78	18.90	835	3,057
JRI	Nuv Rel-Ast Incm & Gwth Fd	Nuveen	3.08	-5.77	12.74	49.63	33.11	366	1,677
IGR	CBRE Clr Glbl Rel-Est Incm Fd	CBRE Invst Mgmt	3.21	0.97	13.87	59.97	32.55	727	4,080
AWP	abrdn Glbl Prmr Prop Fd	abrdn	3.12	2.04	11.97	82.83	19.35	336	1,368
PDT	JH Prm Div Fd	John Hancock	1.35	-4.26	7.72	22.65	36.56	659	1,584
LDP	C&S Ltd Dur Pref & Incm Fd	Cohen&Steers	1.37	-5.59	7.63	5.98	32.80	635	1,640
JPC	Nuv Pref & Incm Opp Fd	Nuveen	1.36	0.13	10.00	8.89	38.20	2,553	8,143
FLC	F&C Tot Rtn Fd	Flaherty & Crumrine	1.36	-7.10	6.61	0.00	38.20	192	515
FPF	FT Imd Dur Pref & Incm Fd	First Trust	1.39	-4.18	8.89	30.04	42.35	1,179	2,867

DISCLOSURES:

These indexes were created and developed by Closed-End Fund Advisors, Inc. CEF Advisors launched these indexes in January 2017 based on December 31, 2016 data and began pricing on January 1, 2019. CEF Advisors does not guarantee the accuracy or the completeness of the index or any data included therein and CEF Advisors shall have no liability for any errors, omissions or interruptions therein. CEF Advisors makes no warranty, express or implied, as to results to be obtained by any person or entity from the use of the index or any data included therein. CEF Advisors makes no express or implied warranties, and expressly disclaims all warranties of merchantability or fitness for a particular purpose or use with respect to the index or any data included therein. Without limiting any of the foregoing, in no event shall CEF Advisors have any liability for any special, punitive, direct, indirect or consequential damages (including lost profits) arising out of matters relating to the use of the index, even if notified of the possibility of such damages.

The historical values above have not been verified by an independent third party. The historical performance data is for illustrative purposes only and does not represent the actual performance of any investment product. No representation is being made that any investment will achieve performance similar to that shown. The index does not charge management fees or brokerage expenses, and no such fees or expenses were deducted from the historical performance shown. The index is unmanaged and an investor cannot invest directly in the index.

Performance information for the index is for illustrative purposes only and does not represent the performance of any actual investment. The historical performance of the price and NAV of the index should not be taken as an indication of future performance, and no assurance can be given as to the index's value on any date. The data for the historical performance of the index was calculated on materially the same basis on which the performance of the index is now calculated. Discounts are the result of a closed-end fund’s market price deviating from its Net Asset Value (NAV).

In case any constituents of the index experience a liquidation, merger, open-ending or are no longer a closed-end fund, we will remove them as of their last day of existence. For mergers, if the merged fund is in the same sub-grouping inside CEFdata.com, then we will replace the merged fund with it's replacement in equal dollar terms. If a fund is liquidated, open-ended, etc, we will remove the fund and its allocation from the index. In this case, for example. If a fund was 2% of the index then future pricing would assume a full allocation was 98%. The 2% is adsorbed on a pro-rata basis by all surviving funds.

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