CEF Advisors

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

Data as of

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 1,391.92 -0.24 -0.27 2.94 7.21 8.18 20.76 10.82 7.65 2.20 2.20 2.20
NAV 1,319.54 -0.16 -0.39 2.34 6.30 6.90 16.61 9.23 6.52 1.54 1.54 1.54
Difference 0.08 -0.12 -0.60 -0.91 -1.28 -4.16 -1.59 -1.13 -0.66 -0.66 -0.66
* Periods greater than 1 Year are annualized.      ** On Inception Date (12/30/16), Index Price was $1,000 and NAV was $1,000.00
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 19.32 1.28 -1.92 2.32 1.63 1.04 1.10 2.96 5.18 6.81 26.14
NAV 7.27 2.04 1.33 10.91 1.97 -3.42 4.31 2.73 13.64 0.35 -1.13 1.36 0.57 1.14 0.95 2.96 5.13 5.69 19.33
Difference -4.64 -0.42 0.20 -5.04 -0.50 0.66 -0.86 -0.65 -5.69 -0.93 0.79 -0.95 -1.07 0.10 -0.15 -0.00 -0.05 -1.12 -6.81
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 0.50 2.52 1.28 -0.97 2.83 -8.02 1.60 -7.42 -13.48 -10.65 -10.14
NAV 3.15 -3.55 -0.69 -1.19 0.89 0.49 -0.22 1.16 -0.04 2.59 0.70 -0.23 3.07 -5.02 0.62 -5.01 -9.22 -6.14 -6.18
Difference 0.88 -0.40 -0.01 0.42 -0.73 -0.19 -0.04 -0.96 -0.54 0.07 -0.57 0.73 0.24 3.00 -0.98 2.41 4.26 4.50 3.97
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 12.59 2.43 -0.84 2.42 4.03 -0.01 -0.68 1.90 1.18 5.21 17.81
NAV 2.11 2.27 0.74 5.21 1.33 1.08 0.90 3.34 8.55 2.02 0.08 1.29 3.42 0.75 0.81 1.01 2.59 6.01 14.56
Difference -1.62 -0.65 -0.17 -2.54 -1.64 0.13 0.03 -1.51 -4.04 -0.41 0.92 -1.13 -0.61 0.77 1.50 -0.89 1.41 0.80 -3.25
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 8.64 4.62 0.92 -0.50 5.06 -2.65 0.37 2.25 -0.10 4.96 13.60
NAV -3.90 -0.71 5.51 0.67 2.47 1.09 1.09 4.72 5.39 3.36 0.45 0.51 4.36 -1.25 -0.04 1.69 0.37 4.73 10.12
Difference 1.50 -0.96 -2.05 -1.33 -0.85 0.14 -1.14 -1.91 -3.25 -1.26 -0.47 1.01 -0.70 1.40 -0.41 -0.56 0.47 -0.23 -3.47
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 0.77 -2.04 -4.99 -4.34 -10.96 7.42 -1.82 -1.95 3.41 -7.56 -6.78
NAV 0.26 3.08 -0.57 2.76 1.76 0.13 -2.17 -0.31 2.44 -0.34 -4.22 -3.33 -7.73 5.09 -1.41 -2.84 0.68 -7.05 -4.61
Difference -0.57 -0.70 0.56 -0.71 0.04 0.66 1.66 2.38 1.67 1.70 0.77 1.01 3.24 -2.33 0.41 -0.88 -2.73 0.51 2.18

Performance Chart

Discount

Characteristics

PORTFOLIO
Weighted Average Data
Discount
-3.41%
1Yr Disc
-4.64%
3Yr Disc
-4.80%
5Yr Disc
-6.06%
Rel Disc Range (3yr)
62.46%
Mkt Yield
8.10%
Lev Adj NAV Yield
6.61%
After Tax Yield*
6.85%
Est Tax Friction*
1.25%
3Yr NAV Volatiliy
10.27
1 Yr RoC
27.44%
3 Yr Dest RoC
8.41%
Leverage
20.41%
Non Lev Exp Ratio
1.58%
Beta (2yr)
0.58
Equity Exposure
55.35%
Bond Exposure
41.88%
# Holdings
166
Cash Weighted Duration
1.34
Comp NAV TR
0.42%
Comp Discount
1.12%
Net Assets (M)
897
Liquidity - 90d (K)
2,894
* 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


166 Funds

Ticker Name Sponsor Allocation Discount Market Yield RoC(1yr) Leverage Net Assets Liquidity (90d)
PCI PIMCO Dyn Cr & Mortg Incm PIMCO 0.66 9.19 8.29 0.00 43.94 3,229 11,243
DSL DbLin Incm Solutions Fd Doubleline 0.67 2.55 8.79 3.20 30.83 2,029 6,846
PDI PIMCO Dyn Incm Fd PIMCO 0.67 20.20 8.04 0.00 38.64 1,584 5,807
BTZ BR Cr Alloc Incm Tr BlackRock 0.67 -5.65 7.02 7.99 26.91 1,580 5,817
RA Brkf Real Ast Incm Fd Brookfield 0.68 -5.34 10.87 44.09 21.88 846 4,994
PHK PIMCO Hi Incm Fd PIMCO 0.67 20.83 9.68 6.07 26.00 828 4,028
GOF Gghm Stgc Opp Fd Guggenheim Funds 0.66 7.72 11.87 50.91 0.00 684 3,945
BIT BR Mlt-Sctr Incm Tr BlackRock 0.67 -6.43 9.11 22.00 36.69 654 3,645
AWF AB Glbl Hi Incm Fd AllianceBernstein 0.67 -7.47 6.34 0.00 38.07 1,155 2,998
PFN PIMCO Incm Stgy Fd II PIMCO 0.67 9.02 8.92 0.00 23.89 672 2,247
BHK BR Core Bnd Tr BlackRock 0.67 -4.64 5.41 11.97 24.62 848 2,118
PKO PIMCO Incm Opp Fd PIMCO 0.67 14.90 8.10 0.00 34.29 440 1,759
ARCC Ares Capital Corp Ares 0.27 9.50 8.47 0.00 45.64 7,373 35,833
FSK FS KKR Capital Corp FS/KKR 0.28 -20.48 12.16 0.00 45.30 4,001 13,496
GBDC Golub Capital BDC Golub Capital 0.27 9.96 7.16 0.00 48.46 2,223 10,781
MAIN Main Street Cap Corp Main Street Capital 0.28 81.90 5.59 0.00 39.77 1,535 10,476
NMFC New Mountain Fin Corp New Mountain Capital 0.28 6.44 9.57 0.00 58.35 1,292 8,796
PSEC Prospect Capital Corp Prospect Capital 0.28 -25.82 10.94 0.00 39.90 3,259 10,511
AINV Apollo Inv Corp Apollo 0.28 -5.99 10.24 0.00 54.94 1,244 8,868
HTGC Hercules Capital Hercules 0.28 38.54 8.90 0.00 51.53 1,086 7,367
CGBD TCG BDC Carlyle 0.30 -14.90 10.49 0.00 54.03 978 5,770
BCSF Bain Cap Splty Fin BCSF Advisors 0.27 0.46 8.28 0.00 60.77 1,018 5,307
TSLX TPG Specialty Lending TSL Advisers 0.28 29.55 7.20 0.00 43.52 1,112 4,723
NEWT Newtek Biz Serv Corp Newtek 0.26 40.88 13.08 0.00 53.68 300 3,576
TCPC BR TCP Capital Corp BlackRock 0.27 4.49 10.14 0.00 55.12 799 4,130
TPVG TP Vntr Gwth BDC Corp TriplePoint Capital 0.26 2.45 10.43 0.00 41.30 413 4,540
GSBD Goldman Sachs BDC Goldman Sachs 0.27 24.97 8.48 0.00 50.03 685 2,955
PNNT PennantPark Inv Corp PennantPark 0.28 -23.62 10.86 0.00 53.18 582 2,690
SLRC Solar Capital Solar Capital 0.28 -5.71 7.94 0.00 33.40 926 2,696
OCSL Oaktree Splty Lending Oaktree Capital 0.27 -15.45 6.81 0.00 31.96 930 2,902
ORCC Owl Rock Capital Corp Owl Rock 0.24 4.53 7.79 0.00 28.70 5,923 3,998
GAIN Gladstone Inv Corp Gladstone 0.28 8.80 6.23 0.00 29.19 407 2,716
CSWC Cap Southwest Corp Capital Southwest 0.28 17.21 9.32 0.00 42.25 328 2,648
SAR Saratoga Inv Corp Saratoga 0.29 5.57 8.39 0.00 48.26 283 2,935
HFRO Highland Incm Fd Highland Capital 0.40 -9.54 7.33 36.14 29.03 1,002 5,073
JQC Nuv Cr Stgs Incm Fd Nuveen 0.39 -6.37 14.45 54.46 37.40 1,107 6,459
VVR Invsc Sr Incm Tr Invesco 0.40 -8.61 6.62 5.63 29.00 728 5,259
VTA Invsc Dyn Cr Opp Fd Invesco 0.40 -8.39 7.70 17.52 32.00 804 4,281
JFR Nuv Flt Rt Incm Fd Nuveen 0.40 -6.25 7.13 0.00 37.78 628 3,647
BGB B/GSO Stgc Cr Fd GSO / Blackstone 0.40 -4.97 8.57 0.00 37.24 691 2,859
PPR Voya Prime Rt Tr Voya 0.40 -6.22 5.45 0.00 27.46 808 3,061
FRA BR Flt Rt Incm Stgc Fd BlackRock 0.40 -7.17 6.95 0.00 28.99 526 2,899
NSL Nuv Sr Incm Fd Nuveen 0.40 -6.83 7.13 0.00 38.28 254 3,129
JRO Nuv Flt Rt Incm Opp Fd Nuveen 0.40 -7.22 7.15 0.00 37.16 444 2,388
EFR EV Sr Flt-Rt Tr Eaton Vance 0.40 -6.89 7.31 0.00 35.46 546 2,656
EFT EV Flt-Rt Incm Tr Eaton Vance 0.41 -6.81 7.15 0.00 35.50 603 2,396
ARDC Ares Dyn Cr Alloc Fd Ares 0.40 -8.00 8.19 0.00 30.10 393 1,478
BGT BR Flt Rt Incm Fd BlackRock 0.41 -6.91 6.94 0.00 28.48 326 1,107
FCT FT Sr Flt Rt Incm Fd II First Trust 0.40 -7.39 7.75 4.29 28.35 368 1,120
HYT BR Corp Hi Yld Fd BlackRock 0.37 -5.70 8.31 3.58 29.29 1,454 6,275
ACP Abd Incm Cr Stgs Fd Aberdeen 0.38 -5.11 12.30 6.33 25.88 215 2,387
ISD PGIM Hi Yld Bnd Fd Prudential 0.37 -8.06 8.12 0.00 24.16 561 2,322
HIX WA Hi Incm Fd II Legg Mason 0.37 -7.25 8.42 10.30 29.45 634 3,189
DSU BR Dbt Stgs Fd BlackRock 0.38 -7.06 7.45 5.35 30.10 609 2,197
FSD FT Hi Incm Lng/Srt Fd First Trust 0.37 -7.20 8.33 27.39 22.79 587 2,295
HIO WA Hi Incm Opp Fd Legg Mason 0.37 -8.08 7.50 1.81 0.00 713 2,252
GHY PGIM Glbl Hi Yld Fd Prudential 0.37 -9.12 8.32 0.00 25.08 682 1,937
EAD WF Incm Opp Fd Wells Fargo 0.38 -5.78 8.36 3.33 29.18 549 1,783
BGH Barings Glbl Srt Dur Hi Yld Fd Barings 0.38 -2.88 9.44 0.00 28.35 369 1,612
KIO KKR Incm Opp Fd KKR Credit 0.37 -1.42 9.39 0.00 31.01 330 1,435
HYI WA Hi Yld Dfin Opp Fd Legg Mason 0.37 -4.67 7.17 0.00 0.00 375 1,420
PHT Pioneer Hi Incm Tr Pioneer 0.38 -4.98 8.32 0.00 30.00 299 1,024
EHI WA Glbl Hi Incm Fd Legg Mason 0.37 -8.56 7.89 3.77 29.70 484 851
IVH Ivy Hi Incm Opp Fd Ivy Investment 0.37 -6.86 8.50 0.00 30.90 251 922
DHY CS Hi Yld Bnd Fd Credit Suisse 0.37 -4.23 7.95 11.86 27.87 269 1,123
JPS Nuv Pref & Incm Sec Fd Nuveen 0.62 -0.78 6.57 0.17 34.86 2,101 5,723
FPF FT Imd Dur Pref & Incm Fd First Trust 0.63 -3.16 6.57 2.43 30.42 1,519 4,686
JPC Nuv Pref & Incm Opp Fd Nuveen 0.61 -0.85 6.99 0.30 36.13 1,091 2,460
FFC F&C Pref Sec Incm Fd Flaherty & Crumrine 0.63 6.58 6.01 0.00 32.90 931 2,393
LDP C&S Ltd Dur Pref & Incm Fd Cohen & Steers 0.62 -0.41 7.02 8.90 29.80 772 1,801
PDT JH Prm Div Fd John Hancock 0.63 12.63 6.37 20.29 33.07 792 1,524
HPI JH Pref Incm Fd John Hancock 0.63 6.18 6.34 22.14 33.92 574 1,376
JPI Nuv Pref & Incm Trm Fd Nuveen 0.61 -0.85 6.30 0.09 33.52 592 1,350
NCV AG Convt & Incm Fd Allianz 1.01 1.73 10.70 38.50 40.90 523 2,353
CHY Calamos Convt & Hi Incm Fd Calamos 1.02 -2.08 8.67 45.91 32.65 880 2,029
CHI Calamos Convt Opp & Incm Calamos 1.02 -1.49 8.52 46.20 32.42 811 1,685
AVK Advent Convt & Incm Fd Guggenheim Funds 0.99 -8.32 8.92 67.51 39.20 593 1,721
NCZ AG Convt & Incm Fd II Allianz 1.00 -0.19 10.38 39.87 41.34 396 1,317
BBN BR Taxable Muni BndTr BlackRock 1.99 -1.67 5.41 0.95 38.13 1,441 4,207
NBB Nuv Taxable Muni Incm Fd Nuveen 2.01 0.31 4.93 0.00 37.33 614 1,495
ADX Adams Divr Eq Fd Adams Funds 0.80 -11.65 5.57 0.00 0.00 1,927 3,653
AEF Abd Emrg Mkt Eq Incm Fd Aberdeen 1.81 -10.64 2.30 8.47 9.12 444 471
AOD Abd Tot Dyn Div Fd Aberdeen 1.07 -11.12 7.64 22.91 0.00 1,071 2,522
ASG Liberty All-Star Gwth Fd ALPS 0.83 7.54 7.59 0.00 0.00 239 1,039
BGY BR Enh Intl DivTr BlackRock 1.04 -9.40 6.90 65.80 0.00 686 1,617
BIF Boulder Gwth & Incm Fd Boulder 1.18 -14.19 3.48 0.00 0.00 1,416 1,535
BSTZ BR Sci & Tech Tr II BlackRock 1.09 -3.09 5.63 99.73 0.00 1,718 3,186
CAF MS China A Shr Fd Morgan Stanley 0.76 -13.28 4.03 0.00 0.00 531 1,463
CET Cntrl Sec Corp Central Securities 0.79 -13.67 3.99 0.00 0.00 999 606
CHN China Fund Allianz 0.84 -9.74 6.44 0.00 0.00 252 679
CLM Cornerstone Stgc Val Fd Cornerstone 1.21 5.89 19.34 74.84 0.00 815 5,099
CRF Cornerstone Tot Rtn Fd Cornerstone 1.20 6.47 19.26 78.02 0.00 418 3,225
DNI Div & Incm Fd Bexil 0.79 -14.69 7.33 67.54 12.79 199 555
EMF Tmp Emrg Mkt Fd Templeton 0.79 -10.06 7.45 0.00 3.57 292 709
EOD WF Glbl Div Opp Fd Wells Fargo 1.08 -6.27 10.23 0.00 15.37 266 986
ETG EV Tx-Adv Glbl Div Incm Fd Eaton Vance 1.62 -2.43 6.66 37.06 24.16 1,445 2,733
ETO EV Tx-Adv Glbl Div Opp Fd Eaton Vance 0.79 1.82 8.23 20.13 24.70 389 1,215
EVT EV Tx-Adv Div Incm Fd Eaton Vance 1.62 0.78 6.73 19.17 20.03 1,881 2,917
FDEU FT Dyn Euro Eq Incm Fd First Trust 1.80 -4.62 9.50 9.21 26.40 276 1,091
GAB Gabelli Eq Tr Gabelli 0.78 2.70 9.87 77.33 21.00 1,511 3,187
GAM General American Invstr General American Inv 0.79 -13.79 6.45 0.00 15.50 1,077 955
GDV Gabelli Div & Incm Tr Gabelli 1.61 -8.55 5.99 38.56 19.00 1,987 7,098
GLQ Clough Glbl Eq Fd Clough 0.81 -7.38 10.46 0.00 39.84 181 712
HGLB Highland Glbl Alloc Fd Highland Capital 1.03 -20.35 11.05 19.71 39.16 259 1,034
HIE Miller/Howard Hi Incm Eq Fd Miller/Howard 1.06 5.09 12.26 64.12 34.00 191 1,184
IDE Voya Infra Ind & Matrls Fd Voya 1.08 -11.07 7.92 33.72 0.00 251 1,138
IFN India Fund Aberdeen 0.81 -11.21 11.07 0.00 0.00 624 2,090
IGD Voya Glbl Eq Div & Prm Opp Voya 1.08 -10.54 7.64 58.42 0.00 681 3,640
IHD Voya Emrg Mkt Hi Div Eq Fd Voya 0.78 -5.95 9.11 62.62 0.00 160 589
IIF MS India Inv Fd Morgan Stanley 0.80 -14.64 0.13 0.00 0.00 325 900
INF Brkf Glbl Lstd Infra Incm Fd Brookfield 1.11 -6.46 6.57 51.68 25.75 215 946
JCE Nuv Core Eq Alpha Fd Nuveen 0.79 -3.00 6.72 80.67 0.00 246 668
LGI Lzrd Glbl Tot Rtn & Incm Fd Lazard 0.79 -9.77 7.60 36.67 27.41 242 771
RMT Royce Micro-Cap Tr Legg Mason 0.79 -10.57 7.81 15.72 5.40 394 1,158
RVT Royce Val Tr Legg Mason 1.21 -10.04 6.95 0.83 4.33 1,580 3,711
TDF Tmp Dragon Fd Templeton 0.78 -12.13 5.10 0.00 0.00 741 1,174
TY Tri-Cont Corp Columbia Mngmt 1.22 -8.37 3.48 0.00 2.30 1,675 1,271
USA Liberty All-Star Eq Fd ALPS 1.24 0.00 9.94 0.00 0.00 1,400 5,148
EXG EV Tx-Mgd Glbl Divr Eq Incm Eaton Vance 0.19 -2.18 8.24 87.55 0.00 2,777 5,252
BDJ BR Enh Eq Div Tr BlackRock 0.18 -4.02 6.28 0.00 0.00 1,868 4,628
ETV EV Tx-Mgd By-Wrt Opp Fd Eaton Vance 0.19 3.55 8.78 93.93 0.00 1,203 4,606
ETY EV Tx-Mgd Divr Eq Incm Fd Eaton Vance 0.19 1.45 8.01 67.82 0.00 1,870 3,619
NFJ AG NFJ Div Int & Prm Stgy Allianz 0.20 -8.91 6.77 48.00 0.00 1,383 2,871
ETW EV Tx-Mgd Glbl By-Wrt Opp Eaton Vance 0.19 -0.57 8.40 63.41 0.00 1,123 2,690
BST BR Sci & Tech Tr BlackRock 0.20 2.15 5.73 0.00 0.00 777 2,833
BXMX Nuv S&P 500 By-Wrt Inc Fd Nuveen 0.19 -1.09 6.81 82.66 0.00 1,435 2,379
BOE BR Enh Glbl DivTr BlackRock 0.19 -9.90 6.81 58.95 0.00 808 2,170
QQQX Nuv Nasdaq 100 Dyn Owrt Fd Nuveen 0.19 -0.57 6.39 94.88 0.00 970 2,169
EOS EV Enh Eq Incm Fd II Eaton Vance 0.20 2.39 6.44 23.25 0.00 866 1,810
CII BR Enh Cap & Incm Fd BlackRock 0.19 -3.34 6.04 39.65 0.00 793 1,833
ETJ EV Risk-Mgd Divr Eq Incm Fd Eaton Vance 0.19 1.50 9.61 92.74 0.00 596 1,813
KYN KA MLP/Midstream Inv Co Kayne Anderson 0.20 -6.70 10.55 58.33 34.36 1,848 15,393
TYG Tortoise Nrg Infra Corp Tortoise 0.21 -3.85 14.57 100.00 34.30 1,005 9,899
NTG Tortoise Midstream Nrg Fd Tortoise 0.20 -6.77 15.94 100.00 36.40 719 8,691
CEM CB MLP & Midstream Fd Legg Mason 0.20 -9.14 10.70 96.00 32.57 855 5,801
EMO CB Nrg Midstream Opp Fd Legg Mason 0.21 -11.46 11.03 78.75 33.11 676 4,312
CEN Center Coast Brkf MLP & Nrg Infr Brookfield 0.21 3.24 19.63 100.00 30.07 264 4,332
FEI FT MLP & Nrg Incm Fd First Trust 0.20 -3.52 10.43 92.07 25.64 560 3,241
KMF KA Midstream/Nrg Fd Kayne Anderson 0.20 -14.01 8.68 92.83 32.15 569 3,134
FMO F/C Nrg Infra Fd Guggenheim Funds 0.21 -6.52 16.40 100.00 35.54 299 2,747
NML NB MLP Incm Fd Neuberger Berman 0.21 -10.11 9.76 100.00 25.80 426 2,741
MIE C&S MLP Incm & Nrg Opp Fd Cohen & Steers 0.20 3.83 9.49 99.16 33.60 196 2,475
GER GS MLP & Nrg Renaissance Fd Goldman Sachs 0.20 -6.77 15.50 100.00 38.19 352 2,592
RQI C&S Qlty Incm Rty Fd Cohen & Steers 0.78 -6.33 6.76 0.00 21.70 1,655 6,090
IGR CBRE Clr Glbl Rel-Est Incm Fd CBRE Clarion 0.83 -9.75 7.36 68.33 12.84 1,053 2,558
AWP Abd Glbl Prmr Prop Fd Aberdeen 0.84 -10.39 7.23 67.78 5.65 633 2,467
HQH Tekla Health Invstr Tekla 0.83 -10.00 7.92 62.72 0.00 985 3,665
THQ Tekla Health Opp Fd Tekla 0.82 -9.82 7.17 77.38 22.40 865 2,424
HQL Tekla Life Sci Invstr Tekla 0.81 -9.48 7.72 41.69 0.00 438 1,733
GGN GAMCO Glbl Gd NtrRes Incm Gabelli 0.79 2.83 13.76 92.17 12.00 592 3,781
BCX BR Res & Com Stgy Tr BlackRock 0.81 -9.36 7.80 66.51 0.00 798 2,375
BGR BR Nrg & Res Tr BlackRock 0.82 -1.32 7.81 56.23 0.00 360 2,594
CSQ Calamos Stgc Tot Rtn Fd Calamos 0.42 -1.00 8.01 56.96 30.00 2,166 3,365
TEAF Tortoise Ess Ast Incm Trm Fd Tortoise 0.42 -7.69 7.64 0.00 12.80 249 2,310
NIE AG Eq & Convt Incm Fd Allianz 0.44 -6.22 6.38 0.00 0.00 704 1,500
ZTR Virtus Glbl Div & Inc Fd Virtus 0.41 5.13 11.82 80.31 27.42 516 1,610
GLO Clough Glbl Opp Fd Clough 0.43 -11.44 10.95 55.46 41.36 358 1,399
RIV RiverNorth Opp Fd RiverNorth 0.43 -0.64 12.69 61.64 9.78 160 1,055
UTF C&S Infra Fd Cohen & Steers 0.51 -4.29 6.84 0.23 26.80 2,424 8,238
DNP DNP Sel Incm Fd Duff & Phelps 0.50 16.70 6.03 30.13 24.63 3,334 4,747
UTG Reaves Util Incm Fd W.H. Reaves 0.51 0.86 5.58 0.00 19.97 2,183 3,920
DPG D&P Util & Infra Fd Duff & Phelps 0.51 -7.46 8.89 52.71 29.36 646 1,570
GUT Gabelli Util Tr Gabelli 0.50 54.76 7.53 98.00 28.00 278 1,177
IAE Voya AP Hi Div Eq Incm Fd Voya 1.03 -8.04 9.90 63.68 0.00 112 398
CUBA Herzfeld Caribbean Basin Fd Herzfeld Cuba 0.99 -16.42 17.07 81.10 0.00 49 140
BTO JH Fin Opp Fd John Hancock 0.95 -0.49 6.34 17.25 15.53 651 1,475

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.

Class E Units       8% PIK             8.00 %   11/6/2021     4,055,099       4,055,099       4,055,099       2.32 %