04. 60/40 Balanced (w/ BDCs) Index

About the Index

30% weighting of the index from CEF Advisors' Equity Income Index, 30% weighting of the index from CEF Advisors' Global Equity Index, then for bond exposure; the top 50% ranked by 90-day average trading dollar ($) liquidity: Multi-Sector Bond (8%) Debt-Focused Business Development Companies (BDCs) (6%), Sr. Loan Funds (6%), High Yield Bond (6%), Preferred Equity (5%), Convertible (5%), and Build America Bond (taxable municipals / BABs) (4%). 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	1,703.29	-1.04	-1.37	-4.63	-3.18	-0.50	20.47	14.19	11.77	-1.37	0.06	17.87
NAV	1,575.67	-0.50	-0.78	-3.62	-2.36	0.03	14.31	11.77	9.93	-0.78	0.29	11.57
Difference		0.54	0.60	1.00	0.82	0.54	-6.16	-2.42	-1.85	0.60	0.23	-6.30
* 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	1.62	4.47	3.74	10.13	3.78	2.48	1.62	8.08	19.02	-0.40	2.11	-2.69	-1.03	4.14	-2.58	-	-	-	-
NAV	0.90	2.50	1.98	5.47	3.19	1.67	1.01	5.97	11.76	0.08	1.50	-2.00	-0.45	3.16	-2.03	-	-	-	-
Difference	-0.72	-1.97	-1.77	-4.66	-0.59	-0.81	-0.61	-2.11	-7.26	0.48	-0.61	0.69	0.58	-0.98	0.55	-	-	-	-
2020 - Monthly Performance (%)
	Jan	Feb	Mar	Q1	Apr	May	Jun	Q2	1H	Jul	Aug	Sep	Q3	Oct	Nov	Dec	Q4	2H	2020
Price	0.36	-9.50	-21.75	-28.93	12.59	5.87	1.68	21.20	-13.87	4.09	3.86	-2.83	5.06	-1.96	14.61	4.35	17.26	23.19	6.10
NAV	-0.28	-5.29	-18.27	-22.82	10.16	4.39	2.27	17.61	-9.23	4.52	3.37	-2.14	5.72	-0.51	9.54	3.90	13.24	19.72	8.67
Difference	-0.64	4.21	3.48	6.12	-2.44	-1.48	0.60	-3.59	4.64	0.42	-0.50	0.68	0.66	1.45	-5.06	-0.46	-4.02	-3.47	2.57
2019 - Monthly Performance (%)
	Jan	Feb	Mar	Q1	Apr	May	Jun	Q2	1H	Jul	Aug	Sep	Q3	Oct	Nov	Dec	Q4	2H	2019
Price	11.90	2.46	1.13	15.95	2.46	-4.08	5.17	3.37	19.86	1.28	-1.92	2.32	1.63	1.04	1.10	2.96	5.18	6.90	28.13
NAV	7.27	2.04	1.33	10.91	1.97	-3.42	4.31	2.73	13.93	0.35	-1.13	1.36	0.57	1.14	0.95	2.96	5.13	5.72	20.45
Difference	-4.64	-0.42	0.20	-5.04	-0.50	0.66	-0.86	-0.65	-5.93	-0.93	0.79	-0.95	-1.07	0.10	-0.15	-0.00	-0.05	-1.18	-7.68
2018 - Monthly Performance (%)
	Jan	Feb	Mar	Q1	Apr	May	Jun	Q2	1H	Jul	Aug	Sep	Q3	Oct	Nov	Dec	Q4	2H	2018
Price	2.27	-3.15	-0.68	-1.62	1.62	0.68	-0.18	2.12	0.47	2.52	1.28	-0.97	2.83	-8.02	1.60	-7.42	-13.48	-11.03	-10.61
NAV	3.15	-3.55	-0.69	-1.19	0.89	0.49	-0.22	1.16	-0.05	2.59	0.70	-0.23	3.07	-5.02	0.62	-5.01	-9.22	-6.43	-6.47
Difference	0.88	-0.40	-0.01	0.42	-0.73	-0.19	-0.04	-0.96	-0.52	0.07	-0.57	0.73	0.24	3.00	-0.98	2.41	4.26	4.60	4.14
2017 - Monthly Performance (%)
	Jan	Feb	Mar	Q1	Apr	May	Jun	Q2	1H	Jul	Aug	Sep	Q3	Oct	Nov	Dec	Q4	2H	2017
Price	3.74	2.93	0.91	7.75	2.97	0.94	0.87	4.85	12.97	2.43	-0.84	2.42	4.03	-0.01	-0.68	1.90	1.18	5.26	18.91
NAV	2.11	2.27	0.74	5.21	1.33	1.08	0.90	3.34	8.73	2.02	0.08	1.29	3.42	0.75	0.81	1.01	2.59	6.10	15.36
Difference	-1.62	-0.65	-0.17	-2.54	-1.64	0.13	0.03	-1.51	-4.25	-0.41	0.92	-1.13	-0.61	0.77	1.50	-0.89	1.41	0.84	-3.56
2016 - Monthly Performance (%)
	Jan	Feb	Mar	Q1	Apr	May	Jun	Q2	1H	Jul	Aug	Sep	Q3	Oct	Nov	Dec	Q4	2H	2016
Price	-5.40	0.25	7.55	2.00	3.32	0.95	2.24	6.63	8.77	4.62	0.92	-0.50	5.06	-2.65	0.37	2.25	-0.10	4.95	14.16
NAV	-3.90	-0.71	5.51	0.67	2.47	1.09	1.09	4.72	5.42	3.36	0.45	0.51	4.36	-1.25	-0.04	1.69	0.37	4.75	10.43
Difference	1.50	-0.96	-2.05	-1.33	-0.85	0.14	-1.14	-1.91	-3.35	-1.26	-0.47	1.01	-0.70	1.40	-0.41	-0.56	0.47	-0.21	-3.73
2015 - Monthly Performance (%)
	Jan	Feb	Mar	Q1	Apr	May	Jun	Q2	1H	Jul	Aug	Sep	Q3	Oct	Nov	Dec	Q4	2H	2015
Price	0.83	3.78	-1.13	3.47	1.72	-0.53	-3.83	-2.69	0.68	-2.04	-4.99	-4.34	-10.96	7.42	-1.82	-1.95	3.41	-7.93	-7.30
NAV	0.26	3.08	-0.57	2.76	1.76	0.13	-2.17	-0.31	2.43	-0.34	-4.22	-3.33	-7.73	5.09	-1.41	-2.84	0.68	-7.10	-4.84
Difference	-0.57	-0.70	0.56	-0.71	0.04	0.66	1.66	2.38	1.75	1.70	0.77	1.01	3.24	-2.33	0.41	-0.88	-2.73	0.83	2.46

Performance Chart

Discount

Characteristics

PORTFOLIO Weighted Average Data
Discount -1.15%	1Yr Disc -2.27%	3Yr Disc -4.52%	5Yr Disc -4.30%	Rel Disc Range (3yr) 72.07%
Mkt Yield 8.02%	Lev Adj NAV Yield 6.83%	After Tax Yield* 6.66%	Est Tax Friction* 1.36%	3Yr NAV Volatiliy 19.91
1 Yr RoC 32.90%	3 Yr Dest RoC 13.01%	Leverage 20.20%	Non Lev Exp Ratio 1.62%	Beta (2yr) 0.94
Equity Exposure 56.86%	Bond Exposure 41.30%	# Holdings 161	Cash Weighted Duration 1.21
Comp NAV TR -0.58%	Comp Discount 2.57%	Net Assets (M) 1,041	Liquidity - 90d (K) 3,000
* 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

161 Funds

Ticker	Name	Sponsor	Allocation	Discount	Market Yield	RoC(1yr)	Leverage	Net Assets	Liquidity (90d)
PCI	PIMCO Dyn Cr & Mortg Incm	PIMCO	0.62	3.82	10.11	0.77	43.11	3,058	10,804
PDI	PIMCO Dyn Incm Fd	PIMCO	0.61	4.69	10.40	2.86	44.92	1,757	9,698
GOF	Gghm Stgc Opp Fd	Guggenheim Funds	0.63	14.44	11.54	52.07	23.70	1,580	9,252
DSL	DbLin Incm Solutions Fd	Doubleline	0.59	-5.36	7.96	0.00	29.10	1,788	5,943
PDO	PIMCO Dyn Incm Opp Fd	PIMCO	0.61	2.28	7.04	0.00	44.63	2,154	4,538
RA	Brkf Real Ast Incm Fd	Brookfield	0.65	8.27	11.19	57.50	30.62	950	4,481
PFN	PIMCO Incm Stgy Fd II	PIMCO	0.60	4.86	9.08	15.94	34.13	700	3,052
HFRO	Highland Incm Fd	Highland Capital	0.65	-20.65	8.35	4.38	12.99	996	2,978
BTZ	BR Cr Alloc Incm Tr	BlackRock	0.62	-1.90	6.74	15.83	29.26	1,424	2,463
PHK	PIMCO Hi Incm Fd	PIMCO	0.62	6.65	9.46	16.09	36.72	766	2,985
BHK	BR Core Bnd Tr	BlackRock	0.63	4.65	5.37	0.00	32.23	859	2,095
AWF	AB Glbl Hi Incm Fd	AllianceBernstein	0.61	-6.47	6.63	3.90	27.17	1,093	2,222
BIT	BR Mlt-Sctr Incm Tr	BlackRock	0.61	3.24	8.18	34.51	36.38	661	1,729
ARCC	Ares Capital Corp	Ares	0.29	9.77	8.07	0.00	52.17	8,533	39,755
FSK	FS KKR Capital Corp	FS/KKR	0.28	-22.55	11.80	0.00	51.21	7,734	29,397
ORCC	Owl Rock Capital Corp	Owl Rock	0.30	-5.62	8.79	0.00	53.04	5,878	20,834
PSEC	Prospect Capital Corp	Prospect Capital	0.32	-17.09	8.58	0.00	37.61	3,945	14,411
HTGC	Hercules Capital	Hercules	0.29	42.63	8.02	0.00	50.47	1,337	11,573
MAIN	Main Street Cap Corp	Main Street Capital	0.31	81.17	5.73	0.00	45.43	1,689	11,568
GSBD	Goldman Sachs BDC	Goldman Sachs	0.31	18.84	9.51	0.00	48.94	1,621	8,121
NEWT	Newtek Biz Serv Corp	Newtek	0.31	82.93	14.15	0.00	47.28	391	7,583
GBDC	Golub Capital BDC	Golub Capital	0.28	1.18	7.81	0.00	49.74	2,583	10,547
TSLX	Sixth St Splty Lending	Sixth St Splty Lending	0.32	38.42	6.90	0.00	45.24	1,256	5,777
OCSL	Oaktree Splty Lending	Oaktree Capital	0.30	1.65	8.38	0.00	48.12	1,313	5,431
NMFC	New Mountain Fin Corp	New Mountain Capital	0.30	2.56	8.82	4.08	57.76	1,285	3,522
CSWC	Cap Southwest Corp	Capital Southwest	0.31	63.94	8.50	0.00	53.93	382	3,671
AINV	Apollo Inv Corp	Apollo	0.30	-18.92	9.52	0.00	59.58	1,034	4,102
TCPC	BR TCP Capital Corp	BlackRock	0.29	-3.55	8.83	3.69	53.74	814	3,120
CGBD	TCG BDC	Carlyle	0.31	-17.42	9.31	0.00	54.39	892	2,587
SLRC	SLR Inv Corp	SLR Capital	0.30	-4.36	8.49	7.40	33.97	854	2,671
PFLT	PennantPark Flt Rt Cap	PennantPark	0.30	2.46	8.82	0.00	55.74	491	2,280
BCSF	Bain Cap Splty Fin	BCSF Advisors	0.31	-8.51	8.73	0.00	53.88	1,099	2,503
BBDC	Barings BDC	Barings	0.30	0.09	7.98	0.00	57.62	720	2,552
TPVG	TP Vntr Gwth BDC Corp	TriplePoint Capital	0.32	24.43	8.31	0.00	44.31	431	3,084
JQC	Nuv Cr Stgs Incm Fd	Nuveen	0.47	-6.28	7.20	57.15	36.69	929	3,877
VVR	Invsc Sr Incm Tr	Invesco	0.47	-4.51	5.66	12.06	30.00	713	2,311
NSL	Nuv Sr Incm Fd	Nuveen	0.48	-3.11	6.90	5.22	36.03	236	3,577
JFR	Nuv Flt Rt Incm Fd	Nuveen	0.48	-2.31	6.87	6.04	36.16	590	2,203
XFLT	XAI Octgn Flt Rt & Alt Incm Trm	XA Investments	0.51	9.82	9.67	0.00	39.64	243	2,075
JRO	Nuv Flt Rt Incm Opp Fd	Nuveen	0.48	-3.11	6.92	6.48	36.22	417	1,641
EFT	EV Flt-Rt Incm Tr	Eaton Vance	0.47	1.39	6.36	8.67	29.10	430	1,192
EFR	EV Sr Flt-Rt Tr	Eaton Vance	0.47	2.68	6.70	9.66	27.20	405	1,494
BGB	Blackstone Stgc Cr Fd	Blackstone	0.46	-6.49	6.38	0.00	36.53	647	1,695
FRA	BR Flt Rt Incm Stgc Fd	BlackRock	0.47	-3.46	5.98	19.26	29.89	488	1,894
ARDC	Ares Dyn Cr Alloc Fd	Ares	0.46	-3.40	7.36	0.00	33.57	377	1,293
FCT	FT Sr Flt Rt Incm Fd II	First Trust	0.46	-3.44	8.03	52.89	26.45	317	1,141
CIK	CS Ast Mgmt Incm Fd	Credit Suisse	0.36	0.00	7.92	0.00	21.55	178	2,638
HYT	BR Corp Hi Yld Fd	BlackRock	0.36	1.26	7.76	16.34	31.30	1,453	3,288
DHY	CS Hi Yld Bnd Fd	Credit Suisse	0.36	-2.78	7.59	0.00	22.41	261	1,234
GHY	PGIM Glbl Hi Yld Fd	Prudential	0.35	-7.95	8.50	12.30	26.70	659	1,700
FTHY	FT Hi Yld Opp 2027 Trm Fd	First Trust	0.36	0.99	8.79	2.20	27.42	743	1,481
DLY	DbLin Yld Opp Fd	Doubleline	0.36	-4.56	7.44	0.14	24.24	946	2,514
FSD	FT Hi Incm Lng/Srt Fd	First Trust	0.35	-3.96	8.26	28.19	27.59	532	1,207
ISD	PGIM Hi Yld Bnd Fd	Prudential	0.35	-7.13	8.06	12.81	24.00	560	1,329
EAD	WF Incm Opp Fd	Wells Fargo	0.35	-4.78	8.50	5.95	25.70	545	1,226
DSU	BR Dbt Stgs Fd	BlackRock	0.36	-0.52	6.31	17.93	30.86	539	1,253
ACP	Abd Incm Cr Stgs Fd	Aberdeen	0.34	1.56	11.55	17.33	39.40	238	1,359
PHT	Pioneer Hi Incm Fd	Pioneer	0.34	-3.62	8.29	0.00	31.00	274	824
DHF	BNY Mellon Hi Yld Stgs Fd	BNY Mellon	0.35	-4.02	7.16	0.00	28.49	235	911
SDHY	PGIM Srt Dur Hi Yld Opp Fd	Prudential	0.35	-7.58	7.18	6.71	24.00	482	1,825
HIO	WA Hi Incm Opp Fd	Franklin Templeton	0.35	-4.91	7.14	12.12	0.00	504	768
BGH	Barings Glbl Srt Dur Hi Yld Fd	Barings	0.35	-7.29	7.72	0.00	25.85	355	990
JPS	Nuv Pref & Incm Sec Fd	Nuveen	0.55	-2.50	6.47	0.67	36.29	1,973	3,615
FPF	FT Imd Dur Pref & Incm Fd	First Trust	0.55	0.16	6.28	0.93	30.84	1,479	1,834
PTA	Tx-Adv Pref Sec Pref Sec & Incm Fd	Cohen&Steers	0.53	-7.18	6.63	36.67	32.40	1,401	3,286
FFC	F&C Pref Sec Incm Fd	Flaherty & Crumrine	0.54	2.16	7.13	0.00	33.30	985	1,920
JPC	Nuv Pref & Incm Opp Fd	Nuveen	0.54	-3.94	6.87	0.29	36.61	1,010	2,110
DFP	F&C Dyn Pref & Incm Fd	Flaherty & Crumrine	0.55	2.30	7.04	0.00	33.30	538	1,455
PDT	JH Prm Div Fd	John Hancock	0.59	20.15	6.77	10.53	34.00	702	1,166
LDP	C&S Ltd Dur Pref & Incm Fd	Cohen&Steers	0.55	4.24	6.46	3.62	29.30	738	802
HPF	JH Pref Incm Fd II	John Hancock	0.54	4.29	7.17	13.00	31.75	424	653
NCZ	Virtus AG Convt & Incm Fd II	Virtus	0.99	-7.42	9.02	59.45	38.00	410	2,081
CHI	Calamos Convt Opp & Incm	Calamos	1.02	1.57	7.68	0.00	32.39	1,048	2,139
NCV	Virtus AG Convt & Incm Fd	Virtus	0.98	-6.16	9.04	56.65	37.00	543	1,980
CHY	Calamos Convt & Hi Incm Fd	Calamos	1.02	0.58	7.73	0.00	32.47	1,136	1,748
CCD	Calamos Dyn Convt & Incm Fd	Calamos	0.99	-0.64	7.96	0.00	31.46	732	1,471
BBN	BR Taxable Muni BndTr	BlackRock	2.08	0.61	5.61	8.36	32.41	1,551	3,088
NBB	Nuv Taxable Muni Incm Fd	Nuveen	2.03	-1.77	5.73	0.04	38.38	659	1,089
ADX	Adams Divr Eq Fd	Adams Funds	0.79	-13.67	6.19	0.00	0.00	2,388	3,459
AOD	Abd Tot Dyn Div Fd	Aberdeen	1.20	-10.28	7.19	0.49	0.00	1,128	2,131
ASG	Liberty All-Star Gwth Fd	ALPS	1.23	5.28	8.60	0.00	0.00	429	2,304
BGY	BR Enh Intl DivTr	BlackRock	1.21	-6.58	6.65	31.83	0.00	681	1,348
BIF	Boulder Gwth & Incm Fd	Boulder	0.84	-17.78	3.71	10.72	12.81	1,541	1,196
BSTZ	BR Sci & Tech Tr II	BlackRock	1.17	-6.37	6.19	6.70	0.00	3,103	4,426
CAF	MS China A Shr Fd	Morgan Stanley	0.83	-12.17	0.00	0.00	0.00	518	603
CET	Cntrl Sec Corp	Central Securities	0.79	-16.76	9.44	0.00	0.00	1,252	730
CLM	Cornerstone Stgc Val Fd	Cornerstone	1.42	41.63	15.44	42.55	0.00	1,183	18,248
CRF	Cornerstone Tot Rtn Fd	Cornerstone	1.42	41.71	15.31	32.07	0.00	603	8,997
EMF	Tmp Emrg Mkt Fd	Franklin Templeton	0.83	-10.36	0.00	0.00	4.36	300	468
EOD	WF Glbl Div Opp Fd	Wells Fargo	1.30	-3.01	9.02	0.00	15.60	259	951
ETG	EV Tx-Adv Glbl Div Incm Fd	Eaton Vance	1.72	-1.70	7.28	15.33	18.50	1,663	2,630
ETO	EV Tx-Adv Glbl Div Opp Fd	Eaton Vance	0.85	-1.32	7.17	1.34	17.80	477	1,642
EVT	EV Tx-Adv Div Incm Fd	Eaton Vance	1.73	0.47	7.01	0.00	18.20	2,036	2,556
GAB	Gabelli Eq Tr	Gabelli	0.90	13.62	8.89	52.08	19.00	1,797	3,835
GAM	General American Invstr	General American Inv	0.82	-15.85	7.28	0.00	13.57	1,190	880
GDV	Gabelli Div & Incm Tr	Gabelli	1.70	-9.56	5.13	0.09	14.00	2,572	3,479
GGT	Gabelli Multimedia Tr	Gabelli	0.85	14.18	9.59	25.32	29.00	219	451
GLQ	Clough Glbl Eq Fd	Clough	1.17	0.21	11.47	0.00	39.48	247	1,318
HGLB	Highland Glbl Alloc Fd	Highland Capital	1.18	-23.53	9.75	0.00	10.20	251	692
HIE	Miller/Howard Hi Incm Eq Fd	Miller/Howard	0.82	-8.45	6.04	33.98	24.22	195	550
IAE	Voya AP Hi Div Eq Incm Fd	Voya	1.76	-10.66	10.80	80.22	0.00	106	422
IDE	Voya Infra Ind & Matrls Fd	Voya	0.79	-7.80	7.90	72.33	0.00	208	526
IFN	India Fund	Aberdeen	0.80	-10.50	11.09	27.51	0.00	661	1,828
IGD	Voya Glbl Eq Div & Prm Opp	Voya	1.20	-9.22	8.26	65.58	0.00	517	1,485
IHD	Voya Emrg Mkt Hi Div Eq Fd	Voya	1.83	-7.53	10.11	81.88	0.00	147	439
JCE	Nuv Core Eq Alpha Fd	Nuveen	0.87	-0.89	7.31	0.00	0.00	269	855
LGI	Lzrd Glbl Tot Rtn & Incm Fd	Lazard	0.84	-5.94	6.98	18.92	25.20	274	694
RMT	Royce Micro-Cap Tr	Franklin Templeton	0.82	-13.05	7.59	10.86	3.45	564	1,221
RVT	Royce Val Tr	Franklin Templeton	1.28	-9.16	17.11	0.00	3.11	2,074	3,388
SPE	Spl Opp Fd	Bulldog	0.86	-7.02	8.32	16.93	6.04	212	532
TDF	Tmp Dragon Fd	Franklin Templeton	0.81	-8.73	5.34	0.00	0.00	643	1,478
TY	Tri-Cont Corp	Columbia Mngmt	1.32	-10.14	3.45	0.00	1.90	2,021	1,468
USA	Liberty All-Star Eq Fd	ALPS	1.16	0.51	10.66	0.00	0.00	1,974	9,559
BST	BR Sci & Tech Tr	BlackRock	0.19	-7.48	6.06	7.08	0.00	1,716	7,048
EXG	EV Tx-Mgd Glbl Divr Eq Incm	Eaton Vance	0.20	0.60	8.21	51.81	0.00	3,032	5,631
ETV	EV Tx-Mgd By-Wrt Opp Fd	Eaton Vance	0.20	2.89	8.29	98.85	0.00	1,531	4,446
BDJ	BR Enh Eq Div Tr	BlackRock	0.19	-4.36	6.22	6.55	0.00	1,877	3,487
ETY	EV Tx-Mgd Divr Eq Incm Fd	Eaton Vance	0.20	1.21	7.83	44.55	0.00	2,133	3,360
NFJ	Virtus Div Int & Prm Stgy Fd	Virtus	0.20	-9.95	5.85	25.85	0.00	1,619	2,715
QQQX	Nuv Nasdaq 100 Dyn Owrt Fd	Nuveen	0.20	1.10	6.12	76.92	0.00	1,293	2,914
EOS	EV Enh Eq Incm Fd II	Eaton Vance	0.20	2.45	7.03	24.33	0.00	1,143	2,061
ETW	EV Tx-Mgd Glbl By-Wrt Opp	Eaton Vance	0.19	0.86	8.25	34.26	0.00	1,128	2,084
BXMX	Nuv S&P 500 By-Wrt Inc Fd	Nuveen	0.20	-4.26	5.98	64.47	0.00	1,562	2,073
ETJ	EV Risk-Mgd Divr Eq Incm Fd	Eaton Vance	0.20	3.71	8.60	75.10	0.00	654	1,661
BOE	BR Enh Glbl DivTr	BlackRock	0.20	-8.79	6.45	18.54	0.00	823	1,560
CII	BR Enh Cap & Incm Fd	BlackRock	0.20	-2.97	5.80	0.35	0.00	935	1,492
KYN	KA Nrg Infra Fd	Kayne Anderson	0.28	-13.42	9.11	100.00	26.39	1,122	4,074
FEI	FT MLP & Nrg Incm Fd	First Trust	0.28	-7.72	8.51	39.18	21.04	346	1,432
TYG	Tortoise Nrg Infra Corp	Tortoise	0.28	-23.09	6.71	100.00	24.10	416	1,681
CEM	CB MLP & Midstream Fd	Franklin Templeton	0.28	-15.51	7.31	100.00	29.41	422	1,207
KMF	KA NextGen Nrg & Infra	Kayne Anderson	0.28	-19.47	7.97	74.57	26.74	412	944
FEN	FT Nrg Incm & Gwth Fd	First Trust	0.28	-2.34	8.99	90.08	21.27	266	801
EMO	CB Nrg Midstream Opp Fd	Franklin Templeton	0.28	-19.55	7.15	100.00	30.03	352	1,049
NTG	Tortoise Midstream Nrg Fd	Tortoise	0.29	-20.88	7.77	100.00	21.70	209	919
NML	NB MLP & Nrg Incm Fd	Neuberger Berman	0.29	-21.04	3.92	100.00	15.10	358	719
RQI	C&S Qlty Incm Rty Fd	Cohen&Steers	0.91	-4.36	6.00	0.00	24.10	2,247	4,905
IGR	CBRE Clr Glbl Rel-Est Incm Fd	CBRE Invst Mgmt	0.91	-8.43	6.73	57.81	20.36	1,134	2,363
AWP	Abd Glbl Prmr Prop Fd	Aberdeen	0.87	-7.20	7.75	58.50	15.00	570	1,889
BMEZ	BR Health Sci Tr II	BlackRock	0.55	-8.22	7.53	5.04	N/A	2,836	3,600
HQH	Tekla Health Invstr	Tekla	0.57	-0.48	8.87	32.60	0.00	1,032	2,521
THQ	Tekla Health Opp Fd	Tekla	0.65	-1.54	5.85	30.33	18.71	968	1,989
THW	Tekla Wld Health Fd	Tekla	0.61	5.22	9.02	98.99	17.50	548	1,530
BCX	BR Res & Com Stgy Tr	BlackRock	0.87	-5.69	5.26	56.70	0.00	854	2,329
GGN	GAMCO Glbl Gd NtrRes Incm	Gabelli	0.86	0.00	9.57	75.56	13.00	579	2,183
NRGX	PIMCO Nrg & Tac Cr Opp Fd	PIMCO	0.89	-15.04	5.35	76.05	16.50	669	1,845
CSQ	Calamos Stgc Tot Rtn Fd	Calamos	0.38	1.99	6.66	1.93	28.79	2,850	3,569
GLO	Clough Glbl Opp Fd	Clough	0.35	0.53	11.36	0.00	39.68	454	2,133
RIV	RiverNorth Opp Fd	RiverNorth	0.36	0.79	12.29	8.88	10.79	288	2,707
NIE	Virtus AG Eq & Convt Incm Fd	Virtus	0.37	-11.03	5.04	0.00	0.00	940	1,523
CPZ	Calamos Lng-Srt Eq & Dyn Incm	Calamos	0.34	-7.74	8.97	0.00	20.79	398	1,094
ZTR	Virtus Tot Rtn Fd	Virtus	0.37	3.77	10.27	64.27	26.00	430	1,172
UTG	Reaves Util Incm Fd	W.H. Reaves	0.43	0.46	6.89	0.00	17.26	2,098	8,179
DNP	DNP Sel Incm Fd	Virtus	0.43	14.67	7.34	29.87	25.13	3,148	4,775
UTF	C&S Infra Fd	Cohen&Steers	0.43	2.67	6.80	11.42	27.90	2,497	3,834
DPG	D&P Util & Infra Fd	Virtus	0.44	4.92	9.94	71.93	28.66	509	1,326
BUI	BR Util Infra & Pwr OppTr	BlackRock	0.43	1.60	5.73	31.22	0.00	531	1,580
GUT	Gabelli Util Tr	Gabelli	0.44	92.79	7.48	95.50	27.00	264	854
FDEU	FT Dyn Euro Eq Incm Fd	First Trust	0.97	-13.45	5.89	14.83	22.91	243	497
CUBA	Herzfeld Caribbean Basin Fd	Herzfeld Cuba	0.93	-16.22	20.09	100.00	0.00	37	142
BTO	JH Fin Opp Fd	John Hancock	0.99	6.34	5.29	17.07	14.05	736	1,582
NMAI	Nuv Multi-Asset Incm Fd	Nuveen	0.80	-5.78	7.60	N/A	N/A	653	2,643

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.

© Closed-End Fund Advisors Inc.(CEFadvisors) and CEFdata.com 2019. All rights reserved. Any copying, republication or redistribution of CEFadvisors, CEFdata.com, content, including by caching, framing or similar means, is expressly prohibited without the prior written consent of CEFAdvisors. CEFAdvisors shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon.