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02. High Income Index

Data as of 12/04/2024 11/29/2024 10/31/2024 09/30/2024 08/30/2024 07/31/2024 06/28/2024 05/31/2024 04/30/2024 03/28/2024 02/29/2024 01/31/2024 12/29/2023 11/30/2023 10/31/2023 09/29/2023 08/31/2023 07/31/2023 06/30/2023 05/31/2023 04/28/2023 03/31/2023 03/23/2023 02/28/2023 01/31/2023 12/30/2022 11/30/2022 10/31/2022 09/30/2022 08/31/2022 07/29/2022 06/30/2022 05/31/2022 04/29/2022 03/31/2022 02/28/2022 02/11/2022 01/31/2022 12/31/2021 11/30/2021 10/29/2021 09/30/2021 08/31/2021 07/30/2021 06/30/2021 05/28/2021 04/30/2021 03/31/2021 02/26/2021 01/29/2021 12/31/2020 11/30/2020 10/30/2020 09/30/2020 08/31/2020 07/31/2020 06/30/2020 05/29/2020 04/30/2020 03/31/2020 02/28/2020 01/31/2020 12/31/2019 11/29/2019 10/31/2019 09/30/2019 08/30/2019 07/31/2019 06/28/2019 05/31/2019 04/30/2019 03/29/2019 02/28/2019 01/31/2019 12/31/2018 11/30/2018 10/31/2018 09/28/2018 08/31/2018 07/31/2018 06/29/2018 05/31/2018 04/30/2018 03/29/2018 02/28/2018 01/31/2018 12/29/2017 11/30/2017 10/31/2017 09/29/2017 08/31/2017 06/30/2017

• About
• Performance
• Discount
• Characteristics
• Asset Allocation
• Constituents
• Prices
• Disclosure

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	1,638.75	-0.14	1.26	3.67	4.64	10.23	26.72	5.69	6.41	5.49	-0.04	2.01	23.02
NAV	1,533.95	0.14	0.98	2.54	4.04	8.28	18.79	5.02	5.70	4.88	0.08	1.91	14.78
Difference		0.28	-0.28	-1.13	-0.60	-1.95	-7.93	-0.66	-0.71	-0.61	0.11	-0.11	-8.24
* Periods greater than 1 Year are annualized.      ** On Inception Date (12/30/16), Index Price was $1,000 and NAV was $1,000.00

2024 - Monthly Performance (%) Show Previous Years
	Jan	Feb	Mar	Q1	Apr	May	Jun	Q2	1H	Jul	Aug	Sep	Q3	Oct	Nov	Dec	Q4	2H	2024
Price	2.33	1.82	3.41	7.74	-1.39	3.97	1.64	4.20	12.27	3.69	1.39	2.17	7.41	-1.43	3.54	-	-	-	-
NAV	0.18	1.80	2.37	4.40	-1.46	2.47	0.89	1.87	6.35	2.32	1.76	1.72	5.91	-0.76	2.61	-	-	-	-
Difference	-2.15	-0.01	-1.04	-3.34	-0.06	-1.50	-0.75	-2.33	-5.92	-1.37	0.37	-0.45	-1.50	0.67	-0.92	-	-	-	-
2023 - Monthly Performance (%)
	Jan	Feb	Mar	Q1	Apr	May	Jun	Q2	1H	Jul	Aug	Sep	Q3	Oct	Nov	Dec	Q4	2H	2023
Price	11.21	-1.88	-2.64	6.23	0.60	-1.70	5.17	3.99	10.47	4.35	-1.65	-4.70	-2.20	-4.96	8.41	4.36	7.53	5.17	16.18
NAV	6.02	-2.12	0.39	4.18	1.07	-1.26	3.16	2.95	7.25	2.53	-1.00	-3.04	-1.58	-2.06	5.82	4.19	7.98	6.28	13.99
Difference	-5.19	-0.24	3.04	-2.05	0.47	0.44	-2.01	-1.05	-3.22	-1.82	0.65	1.66	0.62	2.90	-2.59	-0.17	0.45	1.11	-2.19
2022 - Monthly Performance (%)
	Jan	Feb	Mar	Q1	Apr	May	Jun	Q2	1H	Jul	Aug	Sep	Q3	Oct	Nov	Dec	Q4	2H	2022
Price	-1.69	-2.49	1.60	-2.60	-6.25	-1.07	-7.60	-14.30	-16.53	8.50	-1.58	-13.08	-7.19	6.10	5.91	-6.75	4.79	-2.74	-18.82
NAV	-2.02	-1.17	1.02	-2.18	-4.70	-0.80	-6.64	-11.75	-13.67	5.69	-2.40	-6.68	-3.74	3.13	4.52	-3.17	4.38	0.47	-13.27
Difference	-0.33	1.31	-0.58	0.42	1.55	0.27	0.96	2.55	2.85	-2.81	-0.81	6.39	3.45	-2.98	-1.38	3.58	-0.41	3.22	5.55
2021 - Monthly Performance (%)
	Jan	Feb	Mar	Q1	Apr	May	Jun	Q2	1H	Jul	Aug	Sep	Q3	Oct	Nov	Dec	Q4	2H	2021
Price	3.07	5.52	4.49	13.65	4.37	2.56	1.93	9.10	24.00	0.24	1.82	-2.85	-0.85	3.98	-2.28	0.60	2.22	1.36	25.68
NAV	1.27	2.22	2.25	5.85	2.91	1.88	1.09	5.98	12.19	0.39	1.40	-1.62	0.15	2.28	-2.07	2.10	2.26	2.41	14.89
Difference	-1.80	-3.30	-2.24	-7.79	-1.46	-0.68	-0.84	-3.12	-11.81	0.15	-0.42	1.24	1.00	-1.70	0.20	1.49	0.04	1.05	-10.78
2020 - Monthly Performance (%)
	Jan	Feb	Mar	Q1	Apr	May	Jun	Q2	1H	Jul	Aug	Sep	Q3	Oct	Nov	Dec	Q4	2H	2020
Price	-0.12	-10.78	-34.96	-42.04	21.51	6.53	-1.22	27.86	-25.90	2.19	3.50	-3.28	2.30	-1.47	16.90	3.83	19.59	22.34	-9.34
NAV	-1.37	-6.57	-26.08	-31.89	15.62	4.34	0.44	21.17	-17.46	3.59	2.39	-2.11	3.83	0.35	9.24	3.67	13.64	18.00	-2.61
Difference	-1.25	4.21	8.88	10.15	-5.89	-2.19	1.67	-6.68	8.43	1.40	-1.11	1.17	1.53	1.82	-7.66	-0.16	-5.95	-4.34	6.73
2019 - Monthly Performance (%)
	Jan	Feb	Mar	Q1	Apr	May	Jun	Q2	1H	Jul	Aug	Sep	Q3	Oct	Nov	Dec	Q4	2H	2019
Price	14.98	1.62	1.73	18.85	1.82	-3.40	4.02	2.32	21.61	1.41	-4.11	1.96	-0.84	-0.62	-0.23	3.79	2.91	2.04	24.09
NAV	8.73	1.35	2.01	12.41	1.06	-2.34	3.08	1.74	14.37	-0.10	-2.38	1.20	-1.31	-0.50	-0.41	4.02	3.08	1.73	16.35
Difference	-6.25	-0.27	0.29	-6.44	-0.76	1.06	-0.94	-0.58	-7.24	-1.51	1.73	-0.76	-0.46	0.13	-0.18	0.22	0.17	-0.31	-7.74
2018 - Monthly Performance (%)
	Jan	Feb	Mar	Q1	Apr	May	Jun	Q2	1H	Jul	Aug	Sep	Q3	Oct	Nov	Dec	Q4	2H	2018
Price	2.43	-4.30	-1.81	-3.75	4.21	2.23	-0.35	6.15	2.17	3.05	1.41	-1.22	3.23	-8.13	0.45	-10.41	-17.31	-14.65	-12.79
NAV	2.81	-4.45	-1.76	-3.49	2.81	1.96	-0.13	4.68	1.03	3.05	0.68	-0.29	3.45	-4.66	0.10	-6.62	-10.89	-7.82	-6.87
Difference	0.38	-0.15	0.06	0.26	-1.40	-0.27	0.22	-1.47	-1.15	0.00	-0.73	0.93	0.22	3.46	-0.36	3.79	6.42	6.83	5.92
2017 - Monthly Performance (%)
	Jan	Feb	Mar	Q1	Apr	May	Jun	Q2	1H	Jul	Aug	Sep	Q3	Oct	Nov	Dec	Q4	2H	2017
Price	4.65	3.04	0.58	8.46	2.68	0.61	0.13	3.45	12.20	2.40	-1.83	2.40	2.94	-2.28	-1.67	3.21	-0.82	2.09	14.55
NAV	2.10	1.90	0.21	4.26	1.12	0.50	0.50	2.14	6.49	1.77	-0.59	1.45	2.64	-0.47	0.18	2.31	2.01	4.70	11.49
Difference	-2.55	-1.14	-0.37	-4.20	-1.56	-0.11	0.37	-1.31	-5.71	-0.63	1.24	-0.95	-0.31	1.81	1.84	-0.90	2.83	2.60	-3.06
2016 - Monthly Performance (%)
	Jan	Feb	Mar	Q1	Apr	May	Jun	Q2	1H	Jul	Aug	Sep	Q3	Oct	Nov	Dec	Q4	2H	2016
Price	-7.98	0.29	10.04	1.55	8.55	1.42	3.32	13.75	15.52	4.99	2.08	0.57	7.78	-2.49	1.07	1.81	0.34	8.15	24.93
NAV	-7.03	-0.67	7.13	-1.07	7.12	1.92	2.50	11.91	10.70	2.84	1.52	1.73	6.21	-1.07	0.64	2.00	1.55	7.86	19.40
Difference	0.95	-0.97	-2.91	-2.63	-1.42	0.50	-0.82	-1.84	-4.81	-2.15	-0.56	1.17	-1.58	1.41	-0.42	0.19	1.21	-0.29	-5.53
2015 - Monthly Performance (%)
	Jan	Feb	Mar	Q1	Apr	May	Jun	Q2	1H	Jul	Aug	Sep	Q3	Oct	Nov	Dec	Q4	2H	2015
Price	0.75	4.19	-1.61	3.28	2.55	-0.88	-4.38	-2.80	0.39	-3.34	-4.33	-5.75	-12.84	8.36	-3.53	-4.80	-0.49	-13.27	-12.93
NAV	-0.18	3.07	-1.02	1.84	2.60	0.15	-2.12	0.58	2.43	-1.11	-3.79	-4.14	-8.80	5.62	-3.04	-5.73	-3.46	-11.95	-9.81
Difference	-0.93	-1.12	0.59	-1.44	0.05	1.02	2.26	3.37	2.04	2.23	0.54	1.61	4.04	-2.73	0.49	-0.92	-2.96	1.32	3.12
2014 - Monthly Performance (%)
	Jan	Feb	Mar	Q1	Apr	May	Jun	Q2	1H	Jul	Aug	Sep	Q3	Oct	Nov	Dec	Q4	2H	2014
Price	0.42	3.75	0.23	4.43	1.61	2.44	2.06	6.25	10.96	-2.33	2.44	-4.27	-4.23	-0.06	-0.64	-5.93	-6.59	-10.54	-0.73
NAV	-0.08	2.99	0.70	3.63	1.19	1.52	1.74	4.51	8.30	-1.13	1.83	-2.90	-2.24	-0.23	-0.83	-3.06	-4.08	-6.23	1.55
Difference	-0.50	-0.76	0.46	-0.81	-0.43	-0.93	-0.33	-1.74	-2.66	1.21	-0.61	1.37	1.99	-0.17	-0.18	2.87	2.51	4.31	2.29
2013 - Monthly Performance (%)
	Jan	Feb	Mar	Q1	Apr	May	Jun	Q2	1H	Jul	Aug	Sep	Q3	Oct	Nov	Dec	Q4	2H	2013
Price	6.78	0.51	1.72	9.18	1.21	-1.76	-2.39	-2.96	5.95	1.14	-2.83	2.55	0.78	3.01	-1.11	1.19	3.08	3.89	10.07
NAV	3.64	-0.09	1.47	5.07	1.72	-0.41	-2.71	-1.44	3.55	2.71	-1.44	2.68	3.95	2.35	0.35	0.62	3.34	7.42	11.23
Difference	-3.14	-0.61	-0.25	-4.11	0.51	1.36	-0.32	1.51	-2.40	1.58	1.39	0.13	3.16	-0.66	1.46	-0.57	0.26	3.53	1.16
2012 - Monthly Performance (%)
	Jan	Feb	Mar	Q1	Apr	May	Jun	Q2	1H	Jul	Aug	Sep	Q3	Oct	Nov	Dec	Q4	2H	2012
Price	8.54	3.57	-0.37	12.00	0.07	-5.11	3.45	-1.77	10.01	3.19	2.80	2.50	8.74	-1.57	-1.65	0.06	-3.13	5.34	15.88
NAV	4.29	3.06	0.38	7.88	0.15	-4.81	2.86	-1.93	5.80	2.07	1.88	2.38	6.46	0.17	0.21	1.42	1.81	8.39	14.68
Difference	-4.25	-0.52	0.75	-4.11	0.08	0.31	-0.59	-0.16	-4.21	-1.13	-0.92	-0.12	-2.28	1.74	1.86	1.36	4.94	3.06	-1.20

Performance Chart

Discount

Characteristics

PORTFOLIO Weighted Average Data
Discount -2.39%	1Yr Disc -4.26%	3Yr Disc -5.09%	5Yr Disc -4.30%	Rel Disc Range (3yr) 58.22%
Mkt Yield 12.75%	Lev Adj NAV Yield 10.40%	After Tax Yield* 10.89%	Est Tax Friction* 1.86%	3Yr NAV Volatiliy 12.87
1 Yr RoC 50.86%	3 Yr Dest RoC 34.86%	Leverage 22.86%	Non Lev Exp Ratio 2.43%	Beta (2yr) 0.53
Equity Exposure 50.89%	Bond Exposure 45.60%	# Holdings 88	Cash Weighted Duration 1.26
Comp NAV TR -0.77%	Comp Discount -0.47%	Net Assets (M) 797	Liquidity - 90d (K) 3,673
* Based on marginal tax rates of 25% and long-term capital gains rates of 15%.

Constituents

88 Funds

Ticker	Name	Sponsor	Allocation	Discount	Market Yield	RoC(1yr)	Leverage	Net Assets	Liquidity (90d)
OXLC	Oxford Lane Cap Corp	Oxford Lane	1.14	8.83	20.38	0.00	25.70	1,047	20,611
OCCI	OFS Credit Company	OFS Capital	1.11	1.81	18.88	0.00	33.18	115	2,219
ACP	abrdn Incm Cr Stgs Fd	abrdn	1.09	-0.31	18.60	47.42	25.38	812	3,965
ECC	Eagle Point Cr Co	Eagle Point	1.08	10.23	17.72	1.04	21.27	947	9,699
CCIF	Carlyle Cr Incm Fd	Carlyle Glbl Cr Inv Mgmt	1.11	8.32	15.37	0.00	33.36	119	1,010
XFLT	XAI Octgn Flt Rt & Alt Incm Tr	XA Investments	1.14	2.85	13.47	5.79	39.34	485	4,057
EIC	Eagle Point Incm Co	Eagle Point	1.10	5.39	15.14	0.00	27.39	289	3,023
GOF	Gghm Stgc Opp Fd	Guggenheim Funds	1.13	32.78	13.73	56.39	17.21	1,861	12,458
BRW	Saba Cap Incm & Opp Fd	Saba Capital	1.16	-7.48	12.88	57.58	14.99	364	1,089
OPP	RiverNorth DbLin Stgc Opp Fd	RiverNorth	1.04	-9.91	14.24	41.61	35.20	223	1,159
PDI	PIMCO Dyn Incm Fd	PIMCO	1.07	12.14	13.70	21.23	34.37	5,947	39,286
HIX	WA Hi Incm Fd II	Franklin Templeton	1.12	-1.76	13.15	30.68	32.28	410	1,842
DMO	WA Mortg Opp Fd	Franklin Templeton	1.13	-1.39	12.95	7.92	45.18	139	742
VVR	Invsc Sr Incm Tr	Invesco	1.09	1.01	12.93	14.94	32.98	606	3,480
NHS	NB Hi Yld Stgs Fd	Neuberger Berman	1.01	-0.63	13.80	50.38	27.50	228	1,189
EHI	WA Glbl Hi Incm Fd	Franklin Templeton	1.11	-3.25	12.28	29.66	29.32	214	1,106
NPCT	Nuv Core Plus Impact Fd	Nuveen	1.08	-5.89	12.58	55.70	34.47	347	1,500
AVK	Advent Convt & Incm Fd	Guggenheim Funds	1.16	-3.84	11.47	71.60	41.73	563	3,039
NCV	Virtus Convt & Incm Fd	Virtus	1.17	-9.54	11.03	96.94	36.99	370	1,874
NCZ	Virtus Convt & Incm Fd II	Virtus	1.18	-9.56	10.88	97.08	37.87	279	1,410
JFR	Nuv Flt Rt Incm Fd	Nuveen	1.16	-1.61	11.16	7.68	38.15	1,245	4,354
PHK	PIMCO Hi Incm Fd	PIMCO	1.13	6.75	11.38	12.49	16.42	783	3,109
PFL	PIMCO Incm Stgy Fd	PIMCO	1.11	4.28	11.46	18.25	16.63	351	1,266
FAX	abrdn Asia-Pacific Incm Fd	abrdn	1.02	-8.82	12.44	38.92	37.10	721	2,418
WDI	WA Divr Incm Fd	Franklin Templeton	1.08	-2.91	11.85	0.00	31.38	802	3,023
FSCO	FS Cr Opp Corp	FS/KKR	1.15	-7.05	10.93	0.00	32.48	1,406	4,464
PFN	PIMCO Incm Stgy Fd II	PIMCO	1.11	4.43	11.43	12.68	13.68	651	2,314
FRA	BR Flt Rt Incm Stgc Fd	BlackRock	1.19	9.18	10.49	19.67	23.75	458	1,778
FCT	FT Sr Flt Rt Incm Fd II	First Trust	1.11	-4.62	11.28	22.90	11.86	281	1,074
PHD	Pioneer Flt Rt Fd	Amundi Asset Mgmt	1.10	-4.64	10.34	0.66	32.00	128	501
JQC	Nuv Cr Stgs Incm Fd	Nuveen	1.13	-1.35	11.08	12.76	38.23	804	3,344
BGT	BR Flt Rt Incm Fd	BlackRock	1.13	4.43	10.93	19.90	19.04	306	1,384
MSD	MS Emrg Mkt Dbt Fd	Morgan Stanley	1.12	0.76	13.32	0.00	0.00	160	641
FTF	FrkTmp Ltd Dur Incm Tr	Franklin Templeton	1.11	-5.12	11.06	3.37	32.09	284	1,281
PCF	Hi Incm Sec Fd	Hi Incm Sec Fd	1.11	-5.55	10.96	28.87	0.00	212	980
PDO	PIMCO Dyn Incm Opp Fd	PIMCO	1.09	5.19	11.13	12.00	38.86	1,603	8,164
TPVG	TP Vntr Gwth BDC Corp	TriplePoint Capital	0.68	-8.13	14.35	0.00	51.85	364	2,822
TCPC	BR TCP Capital Corp	BlackRock	0.65	-7.72	14.58	0.00	57.03	865	5,752
OFS	OFS Capital Corp	OFS Capital	0.57	-26.04	16.29	0.00	59.05	151	537
RWAY	Runway Gwth Fin Corp	Runway Gwth Cap	0.61	-22.03	15.33	0.00	50.44	501	2,849
ICMB	Investcorp Cr Mgmt BDC	Investcorp	0.61	-42.88	15.14	0.00	55.41	80	127
TRIN	Trinity Capital	Trinity Capital	0.63	9.67	14.17	0.00	52.61	773	7,583
PTMN	Portman Ridge Fin Corpn	Sierra Crest Inv Mgmt	0.54	-18.17	16.57	0.00	57.13	188	839
OXSQ	Oxford Square Cap Corp	Oxford Lane	0.55	12.77	15.85	0.00	39.45	160	1,298
FSEN	FS Splty Lending Fd	FS/EIG Advisor	0.60	-26.69	13.65	0.00	39.87	1,553	32
GECC	Great Elm Cap Corp	Great Elm Capital	0.59	-13.04	13.37	0.00	53.85	126	173
PNNT	PennantPark Inv Corp	PennantPark	0.58	-10.32	14.16	0.00	55.58	494	3,281
OCSL	Oaktree Splty Lending	Oaktree Capital	0.58	-9.51	13.44	0.00	51.24	1,488	10,655
PSEC	Prospect Capital Corp	Prospect Capital	0.51	-43.46	11.79	0.00	51.18	3,533	14,194
WHF	WhiteHorse Finance	H.I.G. Capital	0.55	-16.84	14.50	0.00	51.61	297	911
GSBD	Goldman Sachs BDC	Goldman Sachs	0.56	-4.36	13.90	0.00	52.97	1,588	9,054
FSK	FS KKR Capital Corp	FS/KKR	0.65	-10.29	11.98	0.00	53.36	6,671	27,831
SAR	Saratoga Inv Corp	Saratoga	0.60	-10.93	12.28	0.00	67.73	374	2,166
BCAT	BR Cap Alloc Trm Tr	BlackRock	1.44	-5.08	21.28	84.63	0.00	1,796	5,989
ECAT	BR ESG Cap Alloc Trm Tr	BlackRock	1.43	-5.14	20.88	88.90	0.00	1,836	4,157
CLM	Cornerstone Stgc Val Fd	Cornerstone	1.72	26.51	14.15	64.89	0.00	1,791	16,160
NXG	NXG NextGen Infra Incm Fd	Cushing	1.62	-5.97	13.77	84.62	27.81	175	1,601
CRF	Cornerstone Tot Rtn Fd	Cornerstone	1.71	38.76	12.92	57.63	0.00	800	7,667
BIGZ	BR Innovation & Gwth Trm Tr	BlackRock	1.53	-10.53	12.84	100.00	0.00	1,924	4,689
BSTZ	BR Sci & Tech Trm Tr	BlackRock	1.64	-9.78	11.78	68.77	0.00	1,759	4,102
BMEZ	BR Health Sci Trm Tr	BlackRock	1.41	-11.73	13.63	89.01	0.00	1,786	3,492
AOD	abrdn Tot Dyn Div Fd	abrdn	1.38	-10.00	13.75	27.44	0.30	1,023	3,366
HQL	abrdn Life Sci Invstr	abrdn	1.32	-9.19	14.05	34.27	0.00	440	1,086
HQH	abrdn Health Invstr	abrdn	1.32	-7.90	14.09	44.57	0.00	996	2,607
NMAI	Nuv Multi-Asset Incm Fd	Nuveen	1.40	-8.87	13.01	70.54	22.47	471	1,198
ASGI	abrdn Glbl Infra Incm Fd	abrdn	1.39	-2.43	12.83	37.06	0.00	583	2,566
AGD	abrdn Glbl Dyn Div Fd	abrdn	1.38	-8.93	14.12	25.17	2.21	278	964
SRV	NXG Cushing Midstream Nrg Fd	Cushing	1.44	-3.72	11.93	100.00	28.37	188	1,773
RIV	RiverNorth Opp Fd	RiverNorth	1.40	-0.86	12.24	81.09	33.14	274	908
JRI	Nuv Rel-Ast Incm & Gwth Fd	Nuveen	1.42	-3.31	11.94	48.58	31.45	381	1,725
GUT	Gabelli Util Tr	Gabelli	1.46	59.94	11.30	93.83	19.00	290	1,873
IGR	CBRE Clr Glbl Rel-Est Incm Fd	CBRE Invst Mgmt	1.24	1.60	12.63	57.93	30.82	792	2,965
IGA	Voya Glbl Adv & Prm Opp Fd	Voya	1.44	-7.23	10.60	59.63	0.00	159	471
CPZ	Calamos Lng-Srt Eq & Dyn Incm	Calamos	1.42	-10.06	10.74	17.46	25.85	341	888
IGD	Voya Glbl Eq Div & Prm Opp	Voya	1.41	-8.51	10.73	77.70	0.00	482	1,239
GLO	Clough Glbl Opp Fd	Clough	1.40	-14.15	10.79	99.90	29.98	267	834
IDE	Voya Infra Ind & Matrls Fd	Voya	1.36	-9.42	11.04	37.95	0.00	182	901
THW	abrdn Wld Health Fd	abrdn	1.30	1.77	11.59	86.59	20.10	460	1,606
GLQ	Clough Glbl Eq Fd	Clough	1.42	-14.23	10.44	99.49	29.89	152	579
AWP	abrdn Glbl Prmr Prop Fd	abrdn	1.34	2.85	11.09	73.42	16.50	360	1,228
IFN	India Fund	abrdn	1.26	-9.99	11.68	0.00	0.00	730	2,318
USA	Liberty All-Star Eq Fd	ALPS	1.45	-0.68	9.82	0.00	0.00	2,086	4,494
MEGI	MainStay CBRE Glbl Infra MTrnd Trm	New York Life	1.29	-9.87	11.10	25.00	23.50	780	1,806
LGI	Lzrd Glbl Tot Rtn & Incm Fd	Lazard	1.33	-8.73	10.58	43.42	31.40	242	933
THQ	abrdn Health Opp Fd	abrdn	1.34	-3.36	10.43	73.44	19.60	886	2,451
ZTR	Virtus Tot Rtn Fd	Virtus	1.43	-9.58	9.63	95.79	28.78	425	1,492
EMO	CB Nrg Midstream Opp Fd	Franklin Templeton	1.63	-10.88	8.25	0.00	28.35	980	2,302
NFJ	Virtus Div Int & Prm Stgy Fd	Virtus	1.42	-12.24	9.20	10.09	0.00	1,432	2,505

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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