About the Index
50% Global Equity Index and 50% Equity Income Index. The index constituents will be rebalanced each quarter.
Index Performance
Current($) | Previous Day(%) | 1 Week(%) | 1 Month(%) | 3 Month(%) | 6 Month(%) | 1 Year(%) | 3 Year(%) | 5 Year(%) | MTD(%) | QTD(%) | YTD(%) | ||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Price | 1,725.22 | 0.40 | 1.09 | 3.78 | 11.47 | 32.19 | 62.36 | 11.55 | 13.54 | 2.79 | 2.79 | 15.02 | |||||||
NAV | 1,572.83 | 0.20 | 0.31 | 1.58 | 6.83 | 22.41 | 52.58 | 10.17 | 11.05 | 2.27 | 2.27 | 10.06 | |||||||
Difference | -0.20 | -0.78 | -2.20 | -4.64 | -9.78 | -9.79 | -1.38 | -2.49 | -0.52 | -0.52 | -4.96 | ||||||||
* Periods greater than 1 Year are annualized. ** On Inception Date (12/30/16), Index Price was $1,000 and NAV was $1,000.00 |
2021 - Monthly Performance (%) | |||||||||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Jan | Feb | Mar | Q1 | Apr | May | Jun | Q2 | 1H | Jul | Aug | Sep | Q3 | Oct | Nov | Dec | Q4 | 2H | 2021 | |
Price | 1.94 | 5.28 | 4.27 | 11.91 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
NAV | 0.74 | 3.49 | 3.22 | 7.62 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
Difference | -1.20 | -1.78 | -1.05 | -4.29 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
2020 - Monthly Performance (%) | |||||||||||||||||||
Jan | Feb | Mar | Q1 | Apr | May | Jun | Q2 | 1H | Jul | Aug | Sep | Q3 | Oct | Nov | Dec | Q4 | 2H | 2020 | |
Price | -0.69 | -10.84 | -21.27 | -30.29 | 14.01 | 5.04 | 1.63 | 21.71 | -15.16 | 3.78 | 4.51 | -3.93 | 4.20 | -2.13 | 16.23 | 5.28 | 19.76 | 24.79 | 5.87 |
NAV | -1.49 | -7.88 | -19.54 | -26.98 | 12.95 | 4.92 | 1.88 | 20.74 | -11.84 | 4.71 | 3.85 | -3.31 | 5.14 | -1.04 | 12.18 | 4.69 | 16.22 | 22.19 | 7.72 |
Difference | -0.80 | 2.96 | 1.73 | 3.31 | -1.06 | -0.12 | 0.25 | -0.97 | 3.32 | 0.93 | -0.67 | 0.62 | 0.94 | 1.10 | -4.05 | -0.59 | -3.54 | -2.60 | 1.85 |
2019 - Monthly Performance (%) | |||||||||||||||||||
Jan | Feb | Mar | Q1 | Apr | May | Jun | Q2 | 1H | Jul | Aug | Sep | Q3 | Oct | Nov | Dec | Q4 | 2H | 2019 | |
Price | 12.93 | 2.71 | 1.27 | 17.46 | 2.47 | -5.65 | 6.39 | 2.86 | 20.82 | 0.87 | -2.92 | 2.88 | 0.74 | 1.57 | 1.02 | 3.64 | 6.35 | 7.14 | 29.45 |
NAV | 9.39 | 2.39 | 1.50 | 13.69 | 2.16 | -5.39 | 5.82 | 2.27 | 16.27 | -0.13 | -2.04 | 1.96 | -0.25 | 1.68 | 1.16 | 3.64 | 6.60 | 6.33 | 23.63 |
Difference | -3.53 | -0.32 | 0.23 | -3.77 | -0.31 | 0.26 | -0.57 | -0.59 | -4.55 | -1.00 | 0.88 | -0.93 | -1.00 | 0.10 | 0.14 | 0.00 | 0.25 | -0.81 | -5.81 |
2018 - Monthly Performance (%) | |||||||||||||||||||
Jan | Feb | Mar | Q1 | Apr | May | Jun | Q2 | 1H | Jul | Aug | Sep | Q3 | Oct | Nov | Dec | Q4 | 2H | 2018 | |
Price | 4.51 | -4.40 | -1.77 | -1.87 | 1.99 | 0.27 | -0.46 | 1.79 | -0.11 | 2.99 | 1.06 | -0.77 | 3.28 | -9.80 | 2.89 | -8.90 | -15.45 | -12.68 | -12.78 |
NAV | 4.64 | -5.38 | -1.17 | -2.15 | 1.26 | 0.58 | -0.62 | 1.22 | -0.96 | 3.62 | 0.58 | -0.57 | 3.63 | -7.18 | 1.70 | -7.03 | -12.24 | -9.06 | -9.93 |
Difference | 0.13 | -0.98 | 0.60 | -0.28 | -0.72 | 0.31 | -0.16 | -0.58 | -0.85 | 0.62 | -0.47 | 0.20 | 0.35 | 2.62 | -1.19 | 1.87 | 3.21 | 3.63 | 2.85 |
2017 - Monthly Performance (%) | |||||||||||||||||||
Jan | Feb | Mar | Q1 | Apr | May | Jun | Q2 | 1H | Jul | Aug | Sep | Q3 | Oct | Nov | Dec | Q4 | 2H | 2017 | |
Price | 5.02 | 3.40 | 1.58 | 10.30 | 3.42 | 1.16 | 1.12 | 5.78 | 16.68 | 2.87 | -0.75 | 2.84 | 5.00 | 0.26 | -0.47 | 2.64 | 2.42 | 7.54 | 25.48 |
NAV | 3.07 | 2.78 | 1.14 | 7.13 | 1.31 | 1.03 | 1.00 | 3.37 | 10.74 | 2.72 | 0.04 | 1.42 | 4.21 | 0.67 | 1.24 | 1.28 | 3.23 | 7.58 | 19.14 |
Difference | -1.95 | -0.62 | -0.44 | -3.17 | -2.11 | -0.13 | -0.12 | -2.41 | -5.94 | -0.15 | 0.79 | -1.42 | -0.79 | 0.41 | 1.71 | -1.35 | 0.81 | 0.04 | -6.34 |
2016 - Monthly Performance (%) | |||||||||||||||||||
Jan | Feb | Mar | Q1 | Apr | May | Jun | Q2 | 1H | Jul | Aug | Sep | Q3 | Oct | Nov | Dec | Q4 | 2H | 2016 | |
Price | -7.24 | 0.15 | 8.22 | 0.53 | 3.36 | 0.78 | 1.80 | 6.04 | 6.61 | 4.71 | 0.24 | -0.37 | 4.57 | -3.25 | 0.89 | 1.69 | -0.75 | 3.79 | 10.64 |
NAV | -5.62 | -0.75 | 6.96 | 0.18 | 2.30 | 0.97 | 1.03 | 4.35 | 4.55 | 3.66 | -0.16 | 0.27 | 3.77 | -2.25 | 0.47 | 1.88 | 0.06 | 3.83 | 8.55 |
Difference | 1.62 | -0.90 | -1.26 | -0.35 | -1.06 | 0.19 | -0.77 | -1.69 | -2.06 | -1.05 | -0.40 | 0.64 | -0.80 | 1.01 | -0.42 | 0.19 | 0.80 | 0.04 | -2.10 |
2015 - Monthly Performance (%) | |||||||||||||||||||
Jan | Feb | Mar | Q1 | Apr | May | Jun | Q2 | 1H | Jul | Aug | Sep | Q3 | Oct | Nov | Dec | Q4 | 2H | 2015 | |
Price | 0.44 | 4.65 | -1.69 | 3.33 | 1.92 | -0.07 | -3.73 | -1.95 | 1.31 | -2.42 | -6.92 | -5.12 | -13.82 | 9.32 | -2.46 | -2.45 | 4.03 | -10.35 | -9.18 |
NAV | -0.13 | 4.02 | -1.25 | 2.58 | 2.34 | -0.01 | -2.76 | -0.51 | 2.06 | -0.71 | -6.02 | -4.42 | -10.81 | 7.34 | -1.75 | -3.02 | 2.27 | -8.78 | -6.90 |
Difference | -0.57 | -0.63 | 0.43 | -0.75 | 0.42 | 0.06 | 0.96 | 1.45 | 0.75 | 1.71 | 0.91 | 0.69 | 3.01 | -1.98 | 0.70 | -0.57 | -1.75 | 1.57 | 2.27 |
Performance Chart
Discount
Characteristics
PORTFOLIO Weighted Average Data |
||||
---|---|---|---|---|
Discount -4.76% |
1Yr Disc -9.12% |
3Yr Disc -7.05% |
5Yr Disc -7.15% |
Rel Disc Range (3yr) 68.24% |
Mkt Yield 7.19% |
Lev Adj NAV Yield 6.36% |
After Tax Yield* 6.28% |
Est Tax Friction* 0.91% |
3Yr NAV Volatiliy 25.17 |
1 Yr RoC 49.07% |
3 Yr Dest RoC 24.16% |
Leverage 11.51% |
Non Lev Exp Ratio 1.36% |
Beta (2yr) 1.02 |
Equity Exposure 90.02% |
Bond Exposure 7.67% |
# Holdings 89 |
Cash Weighted Duration 0.07 |
|
Comp NAV TR 2.34% |
Comp Discount 2.46% |
Net Assets (M) 938 |
Liquidity - 90d (K) 2,826 |
|
* Based on marginal tax rates of 25% and long-term capital gains rates of 15%. |
Asset Allocation
Constituents
89 Funds
Ticker | Name | Sponsor | Allocation | Discount | Market Yield | RoC(1yr) | Leverage | Net Assets | Liquidity (90d) |
---|---|---|---|---|---|---|---|---|---|
ADX | Adams Divr Eq Fd | Adams Funds | 1.24 | -13.68 | 4.72 | 0.00 | 0.00 | 2,450 | 3,416 |
AEF | Abd Emrg Mkt Eq Incm Fd | Aberdeen | 1.17 | -13.03 | 2.95 | 0.00 | 7.71 | 498 | 483 |
AOD | Abd Tot Dyn Div Fd | Aberdeen | 1.74 | -10.46 | 7.07 | 2.95 | 2.31 | 1,149 | 3,159 |
ASG | Liberty All-Star Gwth Fd | ALPS | 1.21 | 4.39 | 7.74 | 0.00 | 0.00 | 357 | 1,516 |
BGY | BR Enh Intl DivTr | BlackRock | 1.74 | -6.86 | 6.49 | 70.16 | 0.00 | 699 | 1,339 |
BIF | Boulder Gwth & Incm Fd | Boulder | 1.95 | -14.68 | 3.11 | 3.61 | 14.05 | 1,513 | 1,633 |
BSTZ | BR Sci & Tech Tr II | BlackRock | 1.83 | -4.24 | 5.31 | 70.21 | 0.00 | 3,152 | 9,502 |
CAF | MS China A Shr Fd | Morgan Stanley | 1.19 | -10.57 | 10.24 | 0.00 | 0.00 | 551 | 1,026 |
CET | Cntrl Sec Corp | Central Securities | 1.22 | -16.00 | 4.36 | 0.00 | 0.00 | 1,218 | 630 |
CLM | Cornerstone Stgc Val Fd | Cornerstone | 1.88 | 35.93 | 14.11 | 68.20 | 0.00 | 782 | 14,050 |
CRF | Cornerstone Tot Rtn Fd | Cornerstone | 1.89 | 39.36 | 13.74 | 69.44 | 0.00 | 396 | 7,292 |
EMF | Tmp Emrg Mkt Fd | Franklin Templeton | 1.19 | -9.85 | 3.42 | 0.00 | 4.97 | 345 | 684 |
EOD | WF Glbl Div Opp Fd | Wells Fargo | 1.79 | -8.60 | 9.36 | 0.00 | 16.60 | 257 | 1,239 |
ETG | EV Tx-Adv Glbl Div Incm Fd | Eaton Vance | 2.64 | -6.76 | 6.19 | 33.14 | 19.90 | 1,625 | 3,076 |
ETO | EV Tx-Adv Glbl Div Opp Fd | Eaton Vance | 1.26 | -4.28 | 6.11 | 5.25 | 19.60 | 458 | 1,547 |
EVT | EV Tx-Adv Div Incm Fd | Eaton Vance | 2.60 | -1.61 | 6.47 | 3.85 | 19.80 | 2,010 | 3,760 |
FDEU | FT Dyn Euro Eq Incm Fd | First Trust | 2.88 | -11.26 | 5.53 | 58.62 | 23.58 | 253 | 559 |
FUND | Sprott Focus Tr | Sprott | 1.23 | -10.80 | 6.62 | 0.00 | 0.00 | 273 | 599 |
GAB | Gabelli Eq Tr | Gabelli | 1.22 | 7.86 | 8.57 | 47.08 | 22.00 | 1,699 | 4,073 |
GAM | General American Invstr | General American Inv | 1.24 | -14.06 | 6.02 | 0.00 | 14.55 | 1,196 | 1,156 |
GDV | Gabelli Div & Incm Tr | Gabelli | 2.64 | -10.10 | 5.29 | 0.84 | 12.00 | 2,509 | 4,465 |
GGT | Gabelli Multimedia Tr | Gabelli | 1.27 | 10.76 | 8.64 | 9.36 | 31.00 | 232 | 775 |
GLQ | Clough Glbl Eq Fd | Clough | 1.77 | -5.08 | 10.13 | 0.00 | 32.28 | 221 | 1,409 |
HGLB | Highland Glbl Alloc Fd | Highland Capital | 1.83 | -25.27 | 10.25 | 4.27 | 24.76 | 242 | 1,458 |
HIE | Miller/Howard Hi Incm Eq Fd | Miller/Howard | 1.20 | -7.78 | 5.93 | 30.75 | 19.35 | 197 | 755 |
IDE | Voya Infra Ind & Matrls Fd | Voya | 1.70 | -4.25 | 7.39 | 81.22 | 0.00 | 240 | 1,265 |
IFN | India Fund | Aberdeen | 1.16 | -6.50 | 11.05 | 51.49 | 0.00 | 604 | 2,050 |
IGD | Voya Glbl Eq Div & Prm Opp | Voya | 1.73 | -7.46 | 8.23 | 78.42 | 0.00 | 598 | 1,886 |
IHD | Voya Emrg Mkt Hi Div Eq Fd | Voya | 2.76 | -7.65 | 9.17 | 79.00 | 0.00 | 162 | 681 |
IIF | MS India Inv Fd | Morgan Stanley | 1.14 | -13.62 | 0.02 | 0.00 | 0.00 | 293 | 532 |
JCE | Nuv Core Eq Alpha Fd | Nuveen | 1.26 | -3.47 | 7.66 | 6.41 | 0.00 | 264 | 760 |
JOF | Japan Sml Caplz Fd | Nomura | 1.21 | -11.67 | 3.64 | 0.00 | 0.00 | 303 | 572 |
JTA | Nuv Tx-Adv Tot Rtn Stgy Fd | Nuveen | 1.23 | -10.05 | 7.03 | 58.78 | 27.80 | 168 | 699 |
JTD | Nuv Tx-Adv Div Gwth Fd | Nuveen | 1.23 | -9.72 | 7.68 | 2.25 | 29.49 | 246 | 712 |
LGI | Lzrd Glbl Tot Rtn & Incm Fd | Lazard | 1.22 | -4.44 | 6.97 | 0.00 | 27.13 | 270 | 789 |
RMT | Royce Micro-Cap Tr | Franklin Templeton | 1.24 | -11.79 | 5.16 | 12.02 | 4.09 | 586 | 1,706 |
RVT | Royce Val Tr | Franklin Templeton | 1.91 | -10.67 | 5.60 | 10.04 | 3.57 | 2,121 | 4,570 |
SPE | Spl Opp Fd | Bulldog | 1.22 | -16.79 | 7.51 | 0.00 | 28.85 | 155 | 716 |
TDF | Tmp Dragon Fd | Franklin Templeton | 1.13 | -8.38 | 5.15 | 0.00 | 0.00 | 827 | 1,023 |
TY | Tri-Cont Corp | Columbia Mngmt | 1.93 | -9.44 | 2.93 | 0.00 | 2.10 | 1,945 | 1,650 |
USA | Liberty All-Star Eq Fd | ALPS | 2.01 | 2.75 | 9.73 | 0.00 | 0.00 | 1,737 | 7,524 |
EXG | EV Tx-Mgd Glbl Divr Eq Incm | Eaton Vance | 0.32 | -4.02 | 7.73 | 95.81 | 0.00 | 3,017 | 6,682 |
BST | BR Sci & Tech Tr | BlackRock | 0.34 | 9.38 | 4.58 | 49.81 | 0.00 | 1,366 | 6,052 |
BDJ | BR Enh Eq Div Tr | BlackRock | 0.32 | -5.83 | 6.19 | 15.48 | 0.00 | 1,914 | 5,449 |
ETY | EV Tx-Mgd Divr Eq Incm Fd | Eaton Vance | 0.32 | -2.36 | 7.64 | 85.12 | 0.00 | 2,057 | 4,201 |
QQQX | Nuv Nasdaq 100 Dyn Owrt Fd | Nuveen | 0.33 | 1.00 | 6.32 | 97.94 | 0.00 | 1,167 | 4,000 |
ETV | EV Tx-Mgd By-Wrt Opp Fd | Eaton Vance | 0.32 | 3.66 | 8.38 | 95.56 | 0.00 | 1,403 | 3,929 |
NFJ | Virtus Div Int & Prm Stgy Fd | Virtus | 0.33 | -10.69 | 6.22 | 34.19 | 0.00 | 1,535 | 3,317 |
ETW | EV Tx-Mgd Glbl By-Wrt Opp | Eaton Vance | 0.32 | -0.83 | 8.15 | 61.08 | 0.00 | 1,161 | 3,509 |
BXMX | Nuv S&P 500 By-Wrt Inc Fd | Nuveen | 0.33 | -4.75 | 6.21 | 66.67 | 0.00 | 1,513 | 2,901 |
EOS | EV Enh Eq Incm Fd II | Eaton Vance | 0.33 | 0.31 | 5.20 | 77.63 | 0.00 | 1,131 | 2,734 |
ETJ | EV Risk-Mgd Divr Eq Incm Fd | Eaton Vance | 0.32 | 5.68 | 8.31 | 69.85 | 0.00 | 664 | 2,260 |
BOE | BR Enh Glbl DivTr | BlackRock | 0.33 | -7.48 | 6.31 | 62.34 | 0.00 | 830 | 2,282 |
STK | ClmbSlgmn Prm Tech Gwth Fd | Columbia Mngmt | 0.33 | 1.88 | 5.59 | 69.10 | 0.00 | 517 | 2,060 |
KYN | KA Nrg Infra Fd | Kayne Anderson | 0.41 | -12.77 | 8.29 | 100.00 | 29.07 | 1,050 | 5,249 |
CEM | CB MLP & Midstream Fd | Franklin Templeton | 0.41 | -13.55 | 8.00 | 100.00 | 30.21 | 381 | 1,925 |
TYG | Tortoise Nrg Infra Corp | Tortoise | 0.41 | -21.99 | 5.04 | 100.00 | 31.20 | 382 | 2,000 |
FEI | FT MLP & Nrg Incm Fd | First Trust | 0.41 | -11.08 | 8.60 | 86.08 | 20.42 | 355 | 1,660 |
FEN | FT Nrg Incm & Gwth Fd | First Trust | 0.41 | -2.14 | 8.77 | 98.57 | 20.67 | 272 | 1,689 |
KMF | KA NextGen Nrg & Infra | Kayne Anderson | 0.41 | -18.61 | 5.38 | 20.64 | 26.96 | 388 | 1,296 |
EMO | CB Nrg Midstream Opp Fd | Franklin Templeton | 0.41 | -19.08 | 6.93 | 100.00 | 30.40 | 313 | 1,167 |
NML | NB MLP & Nrg Incm Fd | Neuberger Berman | 0.41 | -21.79 | 4.16 | 100.00 | 14.20 | 309 | 1,172 |
GER | GS MLP & Nrg Renaissance Fd | Goldman Sachs | 0.41 | -17.21 | 6.26 | 79.43 | 0.00 | 199 | 923 |
NTG | Tortoise Midstream Nrg Fd | Tortoise | 0.41 | -22.41 | 5.04 | 100.00 | 29.70 | 190 | 876 |
RQI | C&S Qlty Incm Rty Fd | Cohen & Steers | 1.40 | -2.04 | 6.65 | 12.10 | 26.40 | 1,977 | 6,080 |
IGR | CBRE Clr Glbl Rel-Est Incm Fd | CBRE Clarion | 1.39 | -8.74 | 7.46 | 69.33 | 23.46 | 1,027 | 3,033 |
AWP | Abd Glbl Prmr Prop Fd | Aberdeen | 1.40 | -3.91 | 7.82 | 65.50 | 15.94 | 546 | 2,768 |
BMEZ | BR Health Sci Tr II | BlackRock | 1.04 | -7.29 | 6.48 | 38.26 | N/A | 3,263 | 8,188 |
HQH | Tekla Health Invstr | Tekla | 1.00 | -3.59 | 8.44 | 6.36 | 0.00 | 1,100 | 3,782 |
THW | Tekla Wld Health Fd | Tekla | 1.05 | 3.05 | 9.02 | 100.00 | 21.20 | 560 | 3,596 |
THQ | Tekla Health Opp Fd | Tekla | 1.04 | -2.83 | 6.06 | 88.51 | 20.03 | 948 | 2,561 |
BCX | BR Res & Com Stgy Tr | BlackRock | 1.40 | -1.61 | 5.22 | 72.32 | 0.00 | 825 | 5,747 |
GGN | GAMCO Glbl Gd NtrRes Incm | Gabelli | 1.42 | -9.45 | 9.89 | 88.29 | 13.00 | 628 | 3,309 |
NRGX | Nrg & Tac Cr Opp Fd | PIMCO | 1.38 | -13.82 | 6.53 | 79.53 | 16.08 | 540 | 1,810 |
CSQ | Calamos Stgc Tot Rtn Fd | Calamos | 0.72 | 5.68 | 6.74 | 0.00 | 29.39 | 2,677 | 4,642 |
GLO | Clough Glbl Opp Fd | Clough | 0.72 | -3.43 | 10.06 | 13.89 | 32.51 | 433 | 2,307 |
NIE | Virtus AG Eq & Convt Incm Fd | Virtus | 0.71 | -9.19 | 5.16 | 0.00 | 0.00 | 898 | 2,113 |
CPZ | Calamos Lng-Srt Eq & Dyn Incm | Calamos | 0.68 | -11.00 | 7.75 | 0.00 | 20.84 | 444 | 1,896 |
ZTR | Virtus Tot Rtn Fd | Virtus | 0.69 | 0.00 | 10.28 | 75.73 | 26.99 | 443 | 1,447 |
RIV | RiverNorth Opp Fd | RiverNorth | 0.69 | 3.54 | 11.45 | 51.20 | 7.41 | 172 | 1,495 |
DNP | DNP Sel Incm Fd | Duff & Phelps | 0.69 | 5.88 | 7.73 | 19.69 | 26.82 | 3,212 | 8,045 |
UTG | Reaves Util Incm Fd | W.H. Reaves | 0.70 | 2.61 | 6.25 | 8.33 | 16.47 | 1,817 | 7,643 |
UTF | C&S Infra Fd | Cohen & Steers | 0.71 | 12.06 | 6.37 | 13.88 | 26.90 | 2,437 | 7,237 |
DPG | D&P Util & Infra Fd | Duff & Phelps | 0.70 | -1.71 | 10.17 | 54.79 | 29.80 | 531 | 2,511 |
BUI | BR Util Infra & Pwr OppTr | BlackRock | 0.69 | 2.36 | 5.68 | 49.83 | 0.00 | 488 | 1,853 |
GUT | Gabelli Util Tr | Gabelli | 0.69 | 62.76 | 8.47 | 100.00 | 32.00 | 240 | 1,392 |
IAE | Voya AP Hi Div Eq Incm Fd | Voya | 1.59 | -7.86 | 9.41 | 79.25 | 0.00 | 118 | 420 |
CUBA | Herzfeld Caribbean Basin Fd | Herzfeld Cuba | 1.67 | -15.83 | 10.25 | 100.00 | 0.00 | 42 | 283 |
BTO | JH Fin Opp Fd | John Hancock | 1.65 | 6.44 | 5.62 | 0.00 | 15.42 | 690 | 2,610 |