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

Data as of 06/14/2019 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(%)	MTD(%)	QTD(%)	YTD(%)
Price	1,244.79	-0.22	0.20	0.43	2.08	14.22	3.00	10.26	5.34	2.76	1.00	16.95
NAV	1,202.03	-0.33	-0.18	0.51	1.57	9.62	3.11	8.72	4.79	2.00	0.46	11.36
Difference		-0.11	-0.38	0.07	-0.51	-4.60	0.11	-1.54	-0.56	-0.76	-0.54	-5.59
* 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 (%) Show Previous Years
	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	-	-	-	-	-	-	-	-	-	-	-	-	14.19
NAV	7.27	2.04	1.33	10.91	1.97	-3.42	-	-	-	-	-	-	-	-	-	-	-	-	9.36
Difference	-4.64	-0.42	0.20	-5.04	-0.50	0.66	-	-	-	-	-	-	-	-	-	-	-	-	-4.83
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 -5.08%	1Yr Disc -5.67%	3Yr Disc -5.38%	5Yr Disc -6.36%	Rel Disc Range (3yr) 56.70%
Mkt Yield 8.45%	Lev Adj NAV Yield 6.81%	After Tax Yield* 7.07%	Est Tax Friction* 1.38%	3Yr NAV Volatiliy 10.57
1 Yr RoC 21.99%	3 Yr Dest RoC 5.86%	Leverage 20.75%	Non Lev Exp Ratio 1.53%	Beta (2yr) 0.61
Equity Exposure 55.22%	Bond Exposure 43.00%	# Holdings 163	Cash Weighted Duration 1.56
Comp NAV TR 0.21%	Comp Discount 0.94%	Net Assets (M) 854	Liquidity - 90d (K) 2,232
* Based on marginal tax rates of 25% and long-term capital gains rates of 15%.

Constituents

163 Funds

Ticker	Name	Sponsor	Allocation	Discount	Market Yield	RoC(1yr)	Leverage	Net Assets	Liquidity (90d)
PCI	PIMCO Dyn Cr & Mortg Incm	PIMCO	0.77	4.51	8.09	0.00	45.89	3,203	9,200
PDI	PIMCO Dyn Incm Fd	PIMCO	0.76	17.82	8.04	0.00	41.34	1,581	5,249
DSL	DbLin Incm Solutions Fd	Doubleline	0.74	-0.35	8.96	2.53	29.10	2,043	5,603
PHK	PIMCO Hi Incm Fd	PIMCO	0.66	28.78	9.19	23.59	27.54	813	6,105
BTZ	BR Cr Alloc Incm Tr	BlackRock	0.76	-10.35	6.27	0.00	30.18	1,485	3,112
GOF	Gghm Stgc Opp Fd	Guggenheim	0.76	14.48	10.75	18.36	0.00	639	3,170
RA	Brkf Real Ast Incm Fd	Brookfield	0.75	-6.86	10.93	40.31	24.05	856	2,320
AWF	AB Glbl Hi Incm Fd	AllianceBernstein	0.73	-10.84	6.78	0.00	41.27	1,122	2,191
BIT	BR Mlt-Sctr Incm Tr	BlackRock	0.76	-7.41	8.18	3.13	35.66	694	2,001
BHK	BR Core Bnd Tr	BlackRock	0.75	-7.06	5.69	3.29	24.23	795	1,442
PFN	PIMCO Incm Stgy Fd II	PIMCO	0.76	7.16	9.17	0.00	24.48	605	2,004
ARCC	Ares Capital Corp	Ares	0.28	3.78	8.96	0.00	44.38	7,337	29,146
PSEC	Prospect Capital Corp	Prospect Capital	0.27	-30.29	11.37	0.00	40.71	3,332	9,337
FSK	FS KKR Capital Corp	FS/KKR Advisor	0.29	-20.48	12.16	0.00	43.94	4,108	10,220
HTGC	Hercules Capital	Hercules	0.28	25.34	9.95	0.00	52.42	997	7,649
MAIN	Main Street Cap Corp	Main Street Capital	0.31	71.24	5.89	0.00	39.00	1,531	9,021
AINV	Apollo Inv Corp	Apollo Investment	0.30	-14.53	11.05	0.00	45.60	1,312	5,010
NMFC	New Mountain Fin Corp	New Mountain Capital	0.28	4.46	9.68	9.71	57.51	1,083	3,544
TSLX	TPG Specialty Lending	TSL Advisers	0.28	22.64	7.78	0.00	39.17	1,079	3,989
CGBD	TCG BDC	Carlyle	0.29	-12.54	9.78	0.00	50.00	1,049	5,017
GBDC	Golub Capital BDC	Golub Capital	0.27	11.72	7.18	0.00	51.54	966	3,202
TCPC	BR TCP Capital Corp	Tennenbaum Capital	0.28	1.76	9.98	0.00	48.81	833	2,506
BCSF	Bain Cap Splty Fin	BCSF Advisors	0.27	-6.81	8.88	0.00	45.84	1,023	2,428
SLRC	Solar Capital	Solar Capital	0.28	-5.15	7.88	0.00	32.83	927	1,793
TPVG	TP Vntr Gwth BDC Corp	TriplePoint Capital	0.29	3.75	10.21	0.00	27.75	337	2,717
GSBD	Goldman Sachs BDC	Goldman Sachs	0.27	14.32	9.13	0.00	49.32	695	2,439
NEWT	Newtek Biz Serv Corp	Newtek	0.31	47.62	8.14	0.00	51.74	292	2,286
OCSL	Oaktree Splty Lending	Oaktree Capital	0.29	-16.49	6.95	0.00	38.42	923	1,942
BBDC	Barings BDC	Barings	0.28	-13.89	5.24	0.00	51.19	582	1,933
PNNT	PennantPark Inv Corp	PennantPark	0.26	-27.97	11.32	0.00	51.96	592	1,666
BKCC	BR Cap Inv Corp	BlackRock	0.29	-12.45	11.50	3.98	28.93	492	1,580
MRCC	Monroe Capital Corp	Monroe Capital	0.26	-9.08	12.15	0.00	58.92	259	960
SCM	Stellus Cap Inv Corp	Stellus Capital	0.28	-2.03	9.69	0.00	49.36	271	1,792
JQC	Nuv Cr Stgs Incm Fd	Nuveen	0.45	-7.99	15.86	39.43	36.06	1,154	4,430
VTA	Invsc Dyn Cr Opp Fd	Invesco	0.44	-12.66	6.84	33.04	33.00	931	2,220
VVR	Invsc Sr Incm Tr	Invesco	0.43	-12.61	6.06	7.63	32.00	857	2,642
BGB	B/GSO Stgc Cr Fd	Blackstone	0.45	-7.31	9.38	0.00	37.17	703	2,276
HFRO	Highland Incm Fd	Highland Capital	0.42	-6.63	6.83	16.59	31.12	1,041	1,982
PPR	Voya Prime Rt Tr	Voya	0.43	-12.61	6.90	0.00	28.09	808	1,525
FRA	BR Flt Rt Incm Stgc Fd	BlackRock	0.44	-11.53	6.51	0.00	29.26	529	2,091
JFR	Nuv Flt Rt Incm Fd	Nuveen	0.45	-10.81	7.52	0.00	37.32	627	1,644
EFT	EV Flt-Rt Incm Tr	Eaton Vance	0.44	-11.41	6.75	0.00	35.00	608	1,677
EFR	EV Sr Flt-Rt Tr	Eaton Vance	0.44	-11.67	6.92	0.00	35.50	549	1,463
JRO	Nuv Flt Rt Incm Opp Fd	Nuveen	0.44	-11.24	7.72	0.00	36.83	444	1,439
ARDC	Ares Dyn Cr Alloc Fd	Ares	0.45	-11.18	8.46	0.00	28.20	394	1,165
BSL	B/GSO Sr Flt Rt Trm Fd	Blackstone	0.44	-0.95	7.97	0.00	33.08	258	1,120
BGT	BR Flt Rt Incm Fd	BlackRock	0.44	-11.96	6.00	0.00	28.70	326	924
HYT	BR Corp Hi Yld Fd	BlackRock	0.37	-9.56	8.23	0.00	28.52	1,415	3,780
DSU	BR Dbt Stgs Fd	BlackRock	0.36	-11.96	7.70	5.19	30.79	605	1,688
EAD	WF Incm Opp Fd	Wells Fargo	0.36	-10.65	8.89	0.00	28.80	569	1,674
ISD	PGIM Hi Yld Bnd Fd	Prudential	0.36	-12.80	8.39	0.00	24.82	546	1,491
GHY	PGIM Glbl Hi Yld Fd	Prudential	0.36	-13.24	8.52	3.36	29.27	665	1,538
KIO	KKR Incm Opp Fd	KKR Credit	0.36	-4.49	9.53	0.00	31.16	335	1,543
EHI	WA Glbl Hi Incm Fd	Legg Mason	0.38	-8.43	7.65	5.69	29.38	476	748
HIX	WA Hi Incm Fd II	Legg Mason	0.38	-7.76	8.23	6.83	29.48	626	1,151
FSD	FT Hi Incm Lng/Srt Fd	First Trust	0.36	-12.81	8.61	24.12	20.40	578	1,225
HYI	WA Hi Yld Dfin Opp Fd	Legg Mason	0.36	-8.95	7.19	0.00	0.00	371	1,108
HIO	WA Hi Incm Opp Fd	Legg Mason	0.37	-8.93	7.08	0.55	0.00	702	1,289
BGH	Barings Glbl Srt Dur Hi Yld Fd	Barings	0.36	-2.84	9.80	0.00	28.60	374	1,270
NHS	NB Hi Yld Stgs Fd	Neuberger Berman	0.37	-6.67	9.23	1.63	33.60	246	787
JHB	Nuv Hi Incm Nov 2021 Tgt Trm Fd	Nuveen	0.36	-1.01	5.07	0.00	27.10	554	792
PHT	Pioneer Hi Incm Tr	Pioneer	0.37	-7.83	8.82	0.00	29.90	291	932
ACP	Abd Incm Cr Stgs Fd	Aberdeen	0.37	-1.66	11.56	0.00	30.47	166	1,213
DHY	CS Hi Yld Bnd Fd	Credit Suisse	0.36	-1.56	9.05	13.20	35.54	265	627
JPS	Nuv Pref & Incm Sec Fd	Nuveen	0.66	-3.13	7.23	0.00	36.14	1,954	4,263
FPF	FT Imd Dur Pref & Incm Fd	First Trust	0.65	-4.00	7.66	2.71	31.09	1,412	3,119
JPC	Nuv Pref & Incm Opp Fd	Nuveen	0.65	-2.42	7.57	0.05	35.91	1,024	2,160
FFC	F&C Pref Sec Incm Fd	Flaherty & Crumrine	0.67	3.02	6.68	0.00	34.50	866	2,123
LDP	C&S Ltd Dur Pref & Incm Fd	Cohen & Steers	0.67	-0.52	7.52	9.97	30.60	722	1,475
HPI	JH Pref Incm Fd	John Hancock	0.65	10.78	7.20	27.79	34.73	548	2,048
JPI	Nuv Pref & Incm Trm Fd	Nuveen	0.66	-3.04	6.97	3.97	32.84	547	1,421
DFP	F&C Dyn Pref and Incm Fd	Flaherty & Crumrine	0.66	-1.35	6.93	0.00	34.70	481	1,472
CHI	Calamos Convt Opp & Incm	Calamos	1.02	-2.85	9.39	20.52	34.00	746	2,192
NCV	AG Convt & Incm Fd	Allianz	0.89	2.00	11.23	43.38	40.95	494	2,106
CHY	Calamos Convt & Hi Incm Fd	Calamos	1.00	-3.25	9.52	20.48	34.25	810	2,122
AVK	AC Convt Sec & Incm Fd	Guggenheim	1.01	-10.11	9.59	62.30	40.72	563	1,431
CCD	Calamos Dyn Convt & Incm Fd	Calamos	0.97	-1.23	10.36	35.16	34.25	479	1,441
BBN	BR Taxable Muni BndTr	BlackRock	2.09	-3.41	6.14	3.15	37.03	1,373	3,310
NBB	Nuv Taxable Muni Incm Fd	Nuveen	2.07	-3.63	5.90	0.00	35.25	595	1,268
ADX	Adams Divr Eq Fd	Adams Express	0.83	-12.79	6.11	0.00	0.00	1,848	2,397
AEF	Abd Emrg Mkt Eq Incm Fd	Aberdeen	0.78	-9.60	2.23	1.29	9.20	473	787
AOD	Abd Tot Dyn Div Fd	Aberdeen	1.06	-12.26	8.53	28.72	1.54	983	1,856
ASG	Liberty All-Star Gwth Fd	ALPS	0.84	-2.53	8.29	0.00	0.00	220	1,147
BGY	BR Enh Intl DivTr	BlackRock	1.05	-11.02	7.50	24.00	0.00	654	1,224
BIF	Boulder Gwth & Incm Fd	Boulder	1.24	-16.79	3.71	39.84	0.00	1,397	1,541
CAF	MS China A Shr Fd	Morgan Stanley	0.68	-12.32	8.56	0.00	0.00	504	2,069
CET	Cntrl Sec Corp	Central Securities	0.81	-17.17	4.74	0.00	0.00	909	653
CHN	China Fund	Allianz	0.73	-10.84	2.87	0.00	0.00	227	437
CLM	Cornerstone Stgc Val Fd	Cornerstone	1.20	6.95	21.07	87.63	0.00	805	4,977
CRF	Cornerstone Tot Rtn Fd	Cornerstone	1.17	6.33	21.17	85.98	0.00	412	3,401
DNI	Div & Incm Fd	Bexil	0.79	-22.58	7.01	29.64	10.65	183	406
EMF	Tmp Emrg Mkt Fd	Templeton	0.77	-10.89	5.39	0.00	3.50	272	447
ETG	EV Tx-Adv Glbl Div Incm Fd	Eaton Vance	1.65	-8.35	7.89	22.61	24.70	1,297	2,279
ETO	EV Tx-Adv Glbl Div Opp Fd	Eaton Vance	0.79	2.43	9.14	27.14	25.70	347	1,047
EVT	EV Tx-Adv Div Incm Fd	Eaton Vance	1.71	-0.81	7.47	5.56	21.10	1,713	3,097
FDEU	FT Dyn Euro Eq Incm Fd	First Trust	1.98	-9.28	10.61	1.26	27.06	260	770
GAB	Gabelli Eq Tr	Gabelli	0.78	6.07	10.46	40.19	21.00	1,462	3,515
GAM	General American Invstr	General American Inv	0.83	-15.67	0.84	0.00	15.82	1,054	1,312
GDV	Gabelli Div & Incm Tr	Gabelli	1.63	-7.53	6.22	15.24	22.00	1,893	3,289
GGT	Gabelli Multimedia Tr	Gabelli	0.76	2.96	11.24	38.04	27.00	192	415
HGLB	Highland Glbl Alloc Fd	Highland Capital	0.93	-21.31	11.48	12.83	38.94	328	943
HIE	Miller/Howard Hi Incm Eq Fd	Miller/Howard	1.06	4.42	12.54	72.05	30.41	167	893
IDE	Voya Infra Ind & Matrls Fd	Voya	1.04	-9.68	9.63	9.56	0.00	257	751
IFN	India Fund	Aberdeen	0.80	-9.89	10.93	0.00	0.00	645	1,967
IGD	Voya Glbl Eq Div & Prm Opp	Voya	1.06	-8.37	11.53	42.07	0.00	673	2,035
IHD	Voya Emrg Mkt Hi Div Eq Fd	Voya	1.96	-9.00	9.89	71.75	0.00	157	478
IIF	MS India Inv Fd	Morgan Stanley	0.79	-10.16	0.00	0.00	0.00	317	580
INF	Brkf Glbl Lstd Infra Incm Fd	Brookfield	1.10	-14.48	7.79	74.41	26.29	198	662
JCE	Nuv Core Eq Alpha Fd	Nuveen	0.79	-3.98	7.27	32.80	0.00	230	602
JTD	Nuv Tx-Adv Div Gwth Fd	Nuveen	0.80	-2.90	7.72	4.77	29.55	240	432
LGI	Lzrd Glbl Tot Rtn & Incm Fd	Lazard	1.09	-9.87	6.83	22.13	28.18	166	327
RMT	Royce Micro-Cap Tr	Legg Mason	0.75	-11.16	9.30	9.54	4.30	363	1,040
RVT	Royce Val Tr	Legg Mason	1.18	-11.24	8.30	0.00	3.12	1,445	3,322
TDF	Tmp Dragon Fd	Templeton	0.73	-9.81	3.93	0.00	0.00	693	1,130
TY	Tri-Cont Corp	Columbia Mngmt	1.23	-10.25	3.96	0.00	2.60	1,608	1,401
USA	Liberty All-Star Eq Fd	ALPS	1.27	-3.68	10.81	11.78	0.00	1,311	4,249
EXG	EV Tx-Mgd Glol Divr Eq Incm	Eaton Vance	0.19	-5.60	9.14	89.87	0.00	2,594	5,077
ETY	EV Tx-Mgd Divr Eq Incm Fd	Eaton Vance	0.20	-0.17	8.52	63.40	0.00	1,781	3,519
BDJ	BR Enh Eq Div Tr	BlackRock	0.19	-8.92	6.53	0.00	0.00	1,767	3,112
ETV	EV Tx-Mgd By-Wrt Opp Fd	Eaton Vance	0.19	2.27	9.23	70.23	0.00	1,096	3,178
ETW	EV Tx-Mgd Glbl By-Wrt Opp	Eaton Vance	0.19	-5.20	9.03	55.17	0.00	1,095	2,707
ETJ	EV Risk-Mgd Divr Eq Incm Fd	Eaton Vance	0.20	-0.21	9.71	65.88	0.00	599	1,961
NFJ	AG NFJ Div Int & Prm Stgy	Allianz	0.19	-11.77	7.46	50.00	0.00	1,297	2,493
BST	BR Sci & Tech Tr	BlackRock	0.19	1.13	5.60	0.00	0.00	714	2,676
QQQX	Nuv Nasdaq 100 Dyn Owrt Fd	Nuveen	0.19	-1.36	7.17	44.63	0.00	864	2,121
BXMX	Nuv S&P 500 By-Wrt Inc Fd	Nuveen	0.19	-0.99	7.16	58.62	0.00	1,360	2,032
EOS	EV Enh Eq Incm Fd II	Eaton Vance	0.20	1.16	7.16	22.62	0.00	781	1,912
BOE	BR Enh Glbl DivTr	BlackRock	0.19	-11.32	7.26	16.33	0.00	790	1,829
CII	BR Enh Cap & Incm Fd	BlackRock	0.19	-6.81	6.43	41.19	0.00	732	1,450
KYN	KA MLP/Midstream Inv Co	Kayne Anderson	0.20	-9.60	9.50	0.00	34.12	2,119	6,086
TYG	Tortoise Nrg Infra Corp	Tortoise	0.20	-2.80	11.78	61.36	32.40	1,227	3,711
NTG	Tortoise Midstream Nrg Fd	Tortoise	0.21	-4.41	12.57	76.33	35.20	889	2,810
CEM	CB MLP & Midstream Fd	Legg Mason	0.20	-9.22	9.90	89.12	33.22	925	1,651
KMF	KA Midstream/Nrg Fd	Kayne Anderson	0.20	-13.53	7.96	92.18	31.06	619	2,088
EMO	CB Nrg Midstream Opp Fd	Legg Mason	0.20	-11.59	10.13	76.39	33.67	737	1,593
CEN	Center Coast Brkf MLP & Nrg Infr	Brookfield	0.20	1.81	15.85	85.39	30.12	261	2,808
FEI	FT MLP & Nrg Incm Fd	First Trust	0.21	-6.57	10.29	74.22	26.14	587	1,665
FEN	FT Nrg Incm & Gwth Fd	First Trust	0.21	-0.18	10.63	34.68	25.89	437	1,406
GER	GS MLP & Nrg Renaissance Fd	Goldman Sachs	0.20	-7.96	12.31	66.08	32.40	449	1,349
NML	NB MLP Incm Fd	Neuberger Berman	0.20	-10.77	8.85	51.58	23.90	474	1,160
JMF	Nuv Nrg MLP Total Rtn Fd	Nuveen	0.20	-6.79	11.21	76.38	27.55	390	1,538
RQI	C&S Qlty Incm Rty Fd	Cohen & Steers	0.70	-1.32	6.77	0.00	23.40	1,570	4,629
IGR	CBRE Clr Glbl Rel-Est Incm Fd	CBRE Clarion	0.64	-13.71	7.95	71.14	7.76	1,020	2,190
AWP	Abd Glbl Prmr Prop Fd	Aberdeen	0.67	-6.93	9.51	69.70	2.86	579	1,806
RFI	C&S Tot Rtn Ry Fd	Cohen & Steers	0.69	3.39	6.70	6.21	0.00	362	1,225
EOD	WF Glbl Div Opp Fd	Wells Fargo	0.29	-8.16	10.86	17.33	15.40	261	778
HQH	Tekla Health Invstr	Tekla	0.78	-9.70	9.34	65.38	0.00	904	2,566
THQ	Tekla Health Opp Fd	Tekla	0.82	-10.40	7.87	72.86	21.71	794	2,336
HQL	Tekla Life Sci Invstr	Tekla	0.78	-7.95	9.20	37.59	0.00	398	1,464
GGN	GAMCO Glbl Gd NtrRes Incm	Gabelli	0.87	3.03	13.57	91.74	13.00	584	2,706
BCX	BR Res & Com Stgy Tr	BlackRock	0.80	-12.75	7.94	57.86	0.00	833	1,859
BGR	BR Nrg & Res Tr	BlackRock	0.78	-10.61	8.31	66.92	0.00	374	1,167
CSQ	Calamos Stgc Tot Rtn Fd	Calamos	0.51	-1.82	7.96	24.37	32.64	1,958	3,193
NIE	AG Eq & Convt Incm Fd	Allianz	0.49	-8.74	7.24	0.00	0.00	637	1,534
GLO	Clough Glbl Opp Fd	Clough	0.50	-10.72	11.27	68.82	36.30	340	1,076
ZTR	Virtus Glbl Div & Inc Fd	Virtus	0.54	9.51	12.01	58.85	27.73	254	881
FOF	C&S CE Opp Fd	Cohen & Steers	0.52	-3.04	8.19	32.34	0.00	358	817
UTG	Reaves Util Incm Fd	W.H. Reaves	0.67	1.77	5.74	0.00	21.09	1,701	4,338
UTF	C&S Infra Fd	Cohen & Steers	0.65	-4.27	7.34	0.22	27.90	2,259	4,771
DNP	DNP Sel Incm Fd	Duff & Phelps	0.65	14.17	6.63	31.28	24.97	3,020	3,676
DPG	D&P Glbl Util Incm Fd	Duff & Phelps	0.64	-8.85	9.12	44.11	29.76	639	2,194
IAE	Voya AP Hi Div Eq Incm Fd	Voya	1.18	-10.93	9.49	73.21	0.00	115	344
BTO	JH Fin Opp Fd	John Hancock	1.23	-3.03	7.01	0.00	17.57	605	1,747

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, 2017. 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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