CEF Advisors AICA Event NAVigator Podcast

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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(%) 10 Year(%) MTD(%) QTD(%) YTD(%)
Price 1,562.01 1.85 4.36 -0.87 -3.73 -9.56 -7.17 8.38 6.87 8.24 -0.99 -7.80 -11.77
NAV 1,474.73 1.43 3.55 -0.81 -3.27 -7.13 -5.22 7.55 6.47 7.83 -0.57 -6.07 -9.15
Difference -0.42 -0.82 0.06 0.47 2.42 1.94 -0.83 -0.40 -0.41 0.42 1.74 2.62
* Periods greater than 1 Year are annualized.      ** On Inception Date (12/30/16), Index Price was $1,000 and NAV was $1,000.00
2022 - Monthly Performance (%)
Jan Feb Mar Q1 Apr May Jun Q2 1H Jul Aug Sep Q3 Oct Nov Dec Q4 2H 2022
Price -3.17 -2.88 1.76 -4.30 -6.88 - - - - - - - - - - - - - -
NAV -2.92 -1.40 1.04 -3.28 -5.53 - - - - - - - - - - - - - -
Difference 0.25 1.48 -0.72 1.02 1.35 - - - - - - - - - - - - - -
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 2.51 4.00 2.93 22.51
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 2.22 3.31 2.85 14.94
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 -0.29 -0.68 -0.08 -7.56
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
2014 - Monthly Performance (%)
Jan Feb Mar Q1 Apr May Jun Q2 1H Jul Aug Sep Q3 Oct Nov Dec Q4 2H 2014
Price -0.57 3.92 0.66 4.00 1.57 2.40 2.25 6.35 10.60 -1.89 2.44 -3.29 -2.80 1.14 0.91 -2.50 -0.50 -3.28 6.98
NAV -0.36 3.22 1.01 3.89 1.11 2.00 2.01 5.21 9.30 -1.07 2.36 -2.79 -1.56 1.17 0.43 -1.67 -0.09 -1.65 7.50
Difference 0.21 -0.70 0.35 -0.11 -0.45 -0.40 -0.24 -1.13 -1.30 0.81 -0.08 0.50 1.23 0.03 -0.48 0.83 0.41 1.62 0.52
2013 - Monthly Performance (%)
Jan Feb Mar Q1 Apr May Jun Q2 1H Jul Aug Sep Q3 Oct Nov Dec Q4 2H 2013
Price 6.45 0.79 2.03 9.46 1.65 -1.26 -2.51 -2.15 7.11 1.59 -3.00 2.40 0.91 3.55 -0.44 1.68 4.82 5.78 13.30
NAV 4.16 0.38 1.95 6.59 2.30 -0.41 -2.90 -1.08 5.44 3.11 -1.99 3.10 4.18 2.97 0.65 0.99 4.67 9.05 14.99
Difference -2.29 -0.41 -0.08 -2.87 0.65 0.85 -0.39 1.07 -1.67 1.52 1.00 0.70 3.28 -0.58 1.09 -0.69 -0.15 3.28 1.69
2012 - Monthly Performance (%)
Jan Feb Mar Q1 Apr May Jun Q2 1H Jul Aug Sep Q3 Oct Nov Dec Q4 2H 2012
Price 7.91 3.88 0.14 12.25 0.53 -5.35 3.60 -1.43 10.64 2.77 2.18 2.83 7.97 -0.91 -1.01 1.17 -0.77 7.14 18.55
NAV 4.57 3.36 0.48 8.60 0.36 -5.28 2.76 -2.32 6.08 2.30 1.65 2.44 6.53 0.31 0.34 1.51 2.17 8.84 15.45
Difference -3.34 -0.52 0.34 -3.65 -0.16 0.06 -0.84 -0.90 -4.57 -0.46 -0.53 -0.38 -1.45 1.22 1.35 0.34 2.94 1.70 -3.09

Performance Chart

Discount

Characteristics

PORTFOLIO
Weighted Average Data
Discount
-3.89%
1Yr Disc
-1.96%
3Yr Disc
-4.75%
5Yr Disc
-4.45%
Rel Disc Range (3yr)
61.56%
Mkt Yield
9.03%
Lev Adj NAV Yield
7.49%
After Tax Yield*
7.51%
Est Tax Friction*
1.52%
3Yr NAV Volatiliy
20.74
1 Yr RoC
34.65%
3 Yr Dest RoC
17.79%
Leverage
20.25%
Non Lev Exp Ratio
1.57%
Beta (2yr)
0.73
Equity Exposure
57.43%
Bond Exposure
40.36%
# Holdings
168
Cash Weighted Duration
1.39
Comp NAV TR
0.99%
Comp Discount
2.38%
Net Assets (M)
957
Liquidity - 90d (K)
3,508
* 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


168 Funds

Ticker Name Sponsor Allocation Discount Market Yield RoC(1yr) Leverage Net Assets Liquidity (90d)
PDI PIMCO Dyn Incm Fd PIMCO 0.67 3.64 11.92 0.41 46.14 4,811 20,899
GOF Gghm Stgc Opp Fd Guggenheim Funds 0.68 22.91 12.42 59.56 31.34 1,475 8,965
PDO PIMCO Dyn Incm Opp Fd PIMCO 0.68 -7.62 9.09 0.00 46.96 1,862 7,121
DSL DbLin Incm Solutions Fd Doubleline 0.67 -8.06 9.89 0.00 28.00 1,481 5,562
RA Brkf Real Ast Incm Fd Brookfield 0.71 8.52 12.02 51.49 28.27 954 4,992
BTZ BR Cr Alloc Incm Tr BlackRock 0.68 -7.75 8.63 14.75 29.48 1,183 3,725
PHK PIMCO Hi Incm Fd PIMCO 0.74 13.48 9.91 4.02 34.78 691 2,546
BHK BR Core Bnd Tr BlackRock 0.67 -6.28 7.50 0.00 38.20 688 2,412
PAXS PIMCO Access Incm Fd PIMCO 0.70 -5.76 8.07 0.00 16.21 810 1,507
WDI WA Divr Incm Fd Franklin Templeton 0.68 -11.55 9.65 3.00 27.90 874 2,447
PFN PIMCO Incm Stgy Fd II PIMCO 0.69 1.75 10.60 5.30 34.00 629 2,004
HFRO Highland Incm Fd Highland Capital 0.72 -24.65 7.83 44.48 14.09 1,065 2,776
ARCC Ares Capital Corp Ares 0.27 4.41 8.45 0.00 51.81 9,378 77,830
FSK FS KKR Capital Corp FS/KKR 0.28 -20.27 12.48 0.00 52.15 7,762 31,332
ORCC Owl Rock Capital Corp Owl Rock 0.27 -8.27 9.08 0.00 53.27 5,871 37,629
HTGC Hercules Capital Hercules 0.24 34.38 9.08 0.00 49.19 1,340 20,736
PSEC Prospect Capital Corp Prospect Capital 0.27 -28.03 9.25 2.64 42.07 4,239 13,175
MAIN Main Street Cap Corp Main Street Capital 0.26 48.44 6.71 0.00 47.99 1,889 13,618
GBDC Golub Capital BDC Golub Capital 0.27 -6.97 8.40 0.00 53.00 2,623 14,119
GSBD Goldman Sachs BDC Goldman Sachs 0.27 15.51 9.86 0.00 52.64 1,611 9,211
OCSL Oaktree Splty Lending Oaktree Capital 0.27 -3.31 9.40 0.00 49.47 1,331 7,469
TSLX Sixth St Splty Lending Sixth St Splty Lending 0.26 24.76 7.79 0.00 45.01 1,288 6,245
BXSL Blackstone Secur Lending Fd Blackstone Cr BDC Advis 0.26 -4.09 8.46 0.00 54.57 4,429 7,489
AINV Apollo Inv Corp Apollo 0.28 -20.71 9.90 0.00 59.82 1,003 4,415
NEWT Newtek Biz Serv Corp Newtek 0.26 47.30 12.35 0.00 45.43 398 4,116
NMFC New Mountain Fin Corp New Mountain Capital 0.27 -3.54 9.17 4.10 58.32 1,366 5,253
BBDC Barings BDC Barings 0.29 -11.89 9.19 2.92 51.77 1,317 8,272
PFLT PennantPark Flt Rt Cap PennantPark 0.25 -5.63 9.57 0.00 57.92 521 4,065
CGBD TCG BDC Carlyle 0.29 -16.19 8.93 0.00 52.68 898 3,456
TCPC BR TCP Capital Corp BlackRock 0.27 -4.13 8.77 19.57 55.34 824 3,447
SLRC SLR Inv Corp SLR Capital 0.26 -19.17 10.37 26.14 36.22 1,071 4,668
CSWC Cap Southwest Corp Capital Southwest 0.27 34.93 8.44 0.00 54.27 421 3,293
BCSF Bain Cap Splty Fin BCSF Advisors 0.27 -14.63 9.25 0.00 47.20 1,112 3,121
TPVG TP Vntr Gwth BDC Corp TriplePoint Capital 0.24 6.21 9.80 0.00 48.38 430 2,245
PNNT PennantPark Inv Corp PennantPark 0.27 -28.66 8.09 0.00 44.16 665 2,248
JQC Nuv Cr Stgs Incm Fd Nuveen 0.48 -12.94 8.48 44.93 37.44 849 3,236
VVR Invsc Sr Incm Tr Invesco 0.51 -8.51 7.84 12.33 29.00 666 3,473
JFR Nuv Flt Rt Incm Fd Nuveen 0.48 -9.13 7.95 9.74 36.66 549 1,868
JRO Nuv Flt Rt Incm Opp Fd Nuveen 0.47 -8.99 7.92 7.64 36.72 388 1,759
FRA BR Flt Rt Incm Stgc Fd BlackRock 0.49 -9.41 6.82 17.29 31.08 457 1,844
BGB Blackstone Stgc Cr Fd Blackstone 0.50 -10.40 6.56 0.00 36.38 593 1,604
EFR EV Sr Flt-Rt Tr Eaton Vance 0.49 -6.92 8.06 10.57 36.30 367 1,460
XFLT XAI Octgn Flt Rt & Alt Incm Trm XA Investments 0.50 9.99 11.53 0.00 38.41 221 1,398
FCT FT Sr Flt Rt Incm Fd II First Trust 0.48 -2.48 7.86 44.81 28.98 293 1,390
EFT EV Flt-Rt Incm Tr Eaton Vance 0.51 -7.04 7.57 6.10 36.90 382 1,701
ARDC Ares Dyn Cr Alloc Fd Ares 0.51 -7.22 8.67 0.00 37.71 333 1,397
BGT BR Flt Rt Incm Fd BlackRock 0.49 -8.90 6.77 16.57 30.94 281 1,105
HYT BR Corp Hi Yld Fd BlackRock 0.39 -1.05 9.04 11.92 30.72 1,278 4,261
DLY DbLin Yld Opp Fd Doubleline 0.38 -10.28 9.12 2.95 24.69 821 2,241
FTHY FT Hi Yld Opp 2027 Trm Fd First Trust 0.38 -8.52 10.08 7.71 31.46 643 2,267
FSD FT Hi Incm Lng/Srt Fd First Trust 0.40 -7.09 9.71 30.62 29.70 468 1,558
DSU BR Dbt Stgs Fd BlackRock 0.38 -10.62 7.57 14.90 31.34 500 1,840
EAD Allspring Incm Opp Fd Allspring 0.38 -6.87 9.79 0.00 26.00 476 1,288
GHY PGIM Glbl Hi Yld Fd Prudential 0.39 -9.81 10.00 16.96 18.79 572 1,566
ISD PGIM Hi Yld Bnd Fd Prudential 0.39 -8.58 9.17 14.01 24.88 500 1,431
HIO WA Hi Incm Opp Fd Franklin Templeton 0.40 -8.72 8.39 11.44 0.00 447 1,064
ACP Abd Incm Cr Stgs Fd Aberdeen 0.36 3.25 13.97 3.23 40.50 201 983
HIX WA Hi Incm Fd II Franklin Templeton 0.37 -5.93 10.91 3.86 32.90 372 1,608
SDHY PGIM Srt Dur Hi Yld Opp Fd Prudential 0.39 -10.68 8.07 11.58 24.05 443 1,090
BGH Barings Glbl Srt Dur Hi Yld Fd Barings 0.38 -9.21 8.86 0.00 21.69 316 837
HYI WA Hi Yld Dfin Opp Fd Franklin Templeton 0.39 -4.48 8.71 6.34 0.00 309 948
KIO KKR Incm Opp Fd KKR Credit 0.37 -9.09 9.69 0.00 37.83 291 1,032
DHY CS Hi Yld Bnd Fd Credit Suisse 0.39 -8.48 9.07 16.39 23.73 232 1,033
JPS Nuv Pref & Incm Sec Fd Nuveen 0.57 -6.35 7.30 0.00 37.27 1,716 5,060
PTA Tx-Adv Pref Sec Pref Sec & Incm Fd Cohen&Steers 0.56 -9.74 7.76 12.07 34.40 1,231 3,939
JPC Nuv Pref & Incm Opp Fd Nuveen 0.59 -3.52 7.73 0.00 35.91 896 3,030
FPF FT Imd Dur Pref & Incm Fd First Trust 0.55 -5.33 7.68 2.24 31.93 1,280 2,954
FFC F&C Pref Sec Incm Fd Flaherty & Crumrine 0.56 3.34 7.81 0.00 35.60 840 2,162
DFP F&C Dyn Pref & Incm Fd Flaherty & Crumrine 0.55 3.27 7.62 0.00 35.40 470 1,517
LDP C&S Ltd Dur Pref & Incm Fd Cohen&Steers 0.56 -5.28 7.65 5.58 31.30 649 1,550
PDT JH Prm Div Fd John Hancock 0.58 4.81 7.45 10.19 33.52 731 1,006
JPI Nuv Pref & Incm Trm Fd Nuveen 0.58 -2.79 7.49 0.00 36.12 490 1,301
CHI Calamos Convt Opp & Incm Calamos 0.98 1.47 9.70 0.00 35.53 838 2,454
CHY Calamos Convt & Hi Incm Fd Calamos 0.96 0.41 9.80 0.00 35.73 903 2,231
CCD Calamos Dyn Convt & Incm Fd Calamos 0.99 0.79 10.16 0.00 34.95 573 2,507
NCV Virtus AG Convt & Incm Fd Virtus 0.89 -10.15 12.53 72.18 42.22 409 1,406
AVK Advent Convt & Incm Fd Guggenheim Funds 0.97 -1.83 10.08 14.99 39.78 491 1,245
BBN BR Taxable Muni BndTr BlackRock 1.99 1.31 7.36 3.50 36.46 1,183 5,443
NBB Nuv Taxable Muni Incm Fd Nuveen 2.05 0.54 6.98 0.00 40.98 531 1,683
ADX Adams Divr Eq Fd Adams Funds 0.70 -15.13 6.88 0.00 0.00 2,322 3,203
AOD Abd Tot Dyn Div Fd Aberdeen 1.09 -12.65 7.93 22.99 1.25 1,050 3,379
ASG Liberty All-Star Gwth Fd ALPS 0.96 2.89 9.26 0.00 0.00 325 1,455
BGY BR Enh Intl DivTr BlackRock 1.14 -11.07 7.43 48.96 0.00 639 1,323
STEW SRH Tot Rtn Fd Paralel Advisors 0.71 -16.76 3.57 50.31 12.00 1,581 1,223
BIGZ BR Innovation & Gwth Tr BlackRock 0.93 -15.85 13.70 100.00 0.00 2,470 11,018
BSTZ BR Sci & Tech Tr II BlackRock 0.93 -11.72 10.16 0.00 0.00 2,017 5,824
CEE Cntrl & East Euro Fd Deutsche 0.61 47.19 9.09 0.00 0.00 44 1,201
CET Cntrl Sec Corp Central Securities 0.72 -13.75 9.77 0.00 0.00 1,214 915
CHN China Fund Allianz 0.68 -12.26 14.52 0.00 0.00 152 398
CLM Cornerstone Stgc Val Fd Cornerstone 0.96 38.18 19.53 60.59 0.00 977 23,056
CRF Cornerstone Tot Rtn Fd Cornerstone 0.92 35.79 19.80 62.46 0.00 496 11,549
EMF Tmp Emrg Mkt Fd Franklin Templeton 0.70 -12.59 8.88 0.00 8.41 229 414
EOD Allspring Glbl Div Opp Fd Allspring 1.14 -7.33 10.83 0.00 15.30 230 751
ETG EV Tx-Adv Glbl Div Incm Fd Eaton Vance 0.67 -6.61 8.84 5.67 19.00 1,442 2,698
ETO EV Tx-Adv Glbl Div Opp Fd Eaton Vance 0.65 -3.55 8.62 0.00 18.20 416 1,361
EVT EV Tx-Adv Div Incm Fd Eaton Vance 1.44 -2.10 7.61 0.00 18.00 1,928 3,015
FDEU FT Dyn Euro Eq Incm Fd First Trust 1.59 -13.21 5.86 21.82 23.32 244 531
GAB Gabelli Eq Tr Gabelli 0.76 20.46 9.22 44.67 20.00 1,654 4,038
GAM General American Invstr General American Inv 0.70 -15.75 9.30 0.00 13.35 1,105 1,261
GDV Gabelli Div & Incm Tr Gabelli 1.50 -13.30 5.83 4.57 12.00 2,359 4,036
GGT Gabelli Multimedia Tr Gabelli 0.67 30.66 11.04 40.44 34.00 167 555
GLQ Clough Glbl Eq Fd Clough 1.00 -2.02 14.36 0.00 43.54 180 836
HGLB Highland Glbl Alloc Fd Highland Capital 1.28 -21.02 9.27 21.55 11.96 293 1,073
HIE Miller/Howard Hi Incm Eq Fd Miller/Howard 0.76 -7.99 5.32 18.73 31.43 220 454
IAE Voya AP Hi Div Eq Incm Fd Voya 1.48 -12.27 11.91 83.95 0.00 98 362
IAF Abd Australia Eq Fd Aberdeen 0.68 1.28 10.83 8.95 4.72 133 369
IDE Voya Infra Ind & Matrls Fd Voya 0.73 -12.65 8.51 30.23 0.00 202 573
IFN India Fund Aberdeen 0.69 -9.02 12.37 0.00 0.00 515 1,926
IGD Voya Glbl Eq Div & Prm Opp Voya 1.22 -9.12 8.16 68.17 0.00 522 1,283
IIF MS India Inv Fd Morgan Stanley 0.71 -18.25 4.37 0.00 0.00 305 496
JCE Nuv Core Eq Alpha Fd Nuveen 0.66 -2.97 10.75 0.00 0.00 243 953
JOF Japan Sml Caplz Fd Nomura 0.71 -14.30 9.28 0.00 0.00 216 414
LGI Lzrd Glbl Tot Rtn & Incm Fd Lazard 0.71 -7.78 9.28 30.87 25.53 228 666
NBXG NB Nxt Gen Connectivity Fd Neuberger Berman 0.96 -18.06 10.84 79.99 0.00 1,064 3,468
RMT Royce Micro-Cap Tr Franklin Templeton 0.70 -11.20 9.57 8.18 3.91 484 972
RVT Royce Val Tr Franklin Templeton 1.10 -6.15 9.25 0.00 3.52 1,758 4,523
SOR Source Capital First Pacific 0.74 -6.75 5.58 0.00 0.00 357 804
SPE Spl Opp Fd Bulldog 0.69 -6.34 9.92 3.88 0.00 163 503
TDF Tmp Dragon Fd Franklin Templeton 0.71 -11.28 7.59 0.00 0.00 464 888
TY Tri-Cont Corp Columbia Mngmt 0.74 -12.11 3.77 0.00 1.90 1,838 1,474
USA Liberty All-Star Eq Fd ALPS 1.03 3.27 10.36 1.94 0.00 1,711 8,778
BST BR Sci & Tech Tr BlackRock 0.22 0.19 7.96 0.00 0.00 1,207 5,665
EXG EV Tx-Mgd Glbl Divr Eq Incm Eaton Vance 0.22 -3.02 9.53 14.49 0.00 2,725 5,868
BDJ BR Enh Eq Div Tr BlackRock 0.24 -3.31 6.99 0.00 0.00 1,856 5,174
ETV EV Tx-Mgd By-Wrt Opp Fd Eaton Vance 0.23 5.52 9.27 99.74 0.00 1,428 4,573
QQQX Nuv Nasdaq 100 Dyn Owrt Fd Nuveen 0.22 2.17 8.07 41.32 0.00 1,106 4,481
ETY EV Tx-Mgd Divr Eq Incm Fd Eaton Vance 0.22 1.80 8.94 29.36 0.00 1,887 3,189
NFJ Virtus Div Int & Prm Stgy Fd Virtus 0.22 -11.63 7.59 0.00 0.00 1,386 3,481
EOS EV Enh Eq Incm Fd II Eaton Vance 0.21 0.06 9.16 13.26 0.00 919 2,639
BXMX Nuv S&P 500 By-Wrt Inc Fd Nuveen 0.24 0.51 6.87 32.05 0.00 1,427 3,109
ETW EV Tx-Mgd Glbl By-Wrt Opp Eaton Vance 0.22 -5.31 9.79 12.28 0.00 1,024 2,736
ETJ EV Risk-Mgd Divr Eq Incm Fd Eaton Vance 0.23 2.58 9.99 49.60 0.00 581 2,158
CII BR Enh Cap & Incm Fd BlackRock 0.23 -4.37 6.21 0.00 0.00 888 1,807
KYN KA Nrg Infra Fd Kayne Anderson 0.34 -14.72 8.47 94.48 25.13 1,507 7,896
TYG Tortoise Nrg Infra Corp Tortoise 0.32 -18.49 8.38 63.53 21.70 496 2,105
CEM CB MLP & Midstream Fd Franklin Templeton 0.35 -17.22 6.68 39.67 29.07 586 2,288
FEN FT Nrg Incm & Gwth Fd First Trust 0.34 0.06 7.28 47.65 20.42 320 1,036
FEI FT MLP & Nrg Incm Fd First Trust 0.35 -12.65 7.01 29.74 18.94 443 1,777
EMO CB Nrg Midstream Opp Fd Franklin Templeton 0.35 -18.57 6.64 59.59 30.96 480 1,819
KMF KA NextGen Nrg & Infra Kayne Anderson 0.34 -18.05 7.34 98.62 25.19 502 1,426
NML NB MLP & Nrg Incm Fd Neuberger Berman 0.36 -20.52 3.55 100.00 14.23 497 1,228
FPL FT New Opp MLP & Nrg Fd First Trust 0.34 -15.00 6.97 32.26 18.97 183 747
RQI C&S Qlty Incm Rty Fd Cohen&Steers 0.88 -3.56 6.44 0.00 23.90 2,074 5,014
IGR CBRE Clr Glbl Rel-Est Incm Fd CBRE Invst Mgmt 0.88 -5.20 8.98 10.00 21.00 986 2,787
AWP Abd Glbl Prmr Prop Fd Aberdeen 0.86 -3.80 8.62 63.61 18.01 495 2,811
BMEZ BR Health Sci Tr II BlackRock 0.62 -14.26 10.38 0.00 N/A 2,201 6,680
HQH Tekla Health Invstr Tekla 0.71 -2.59 8.81 14.12 0.00 931 2,516
THW Tekla Wld Health Fd Tekla 0.77 12.85 8.86 76.25 17.85 522 2,242
THQ Tekla Health Opp Fd Tekla 0.71 -6.68 6.35 25.08 18.57 941 1,887
BCX BR Res & Com Stgy Tr BlackRock 0.96 -9.67 5.03 43.48 0.00 1,050 3,907
GGN GAMCO Glbl Gd NtrRes Incm Gabelli 1.00 -0.99 8.98 88.06 12.00 624 3,138
BGR BR Nrg & Res Tr BlackRock 1.11 -11.39 4.06 49.22 0.00 421 2,483
CSQ Calamos Stgc Tot Rtn Fd Calamos 0.37 -3.48 8.22 0.00 30.10 2,449 4,079
ECAT BR ESG Cap Alloc Tr BlackRock 0.38 -16.63 8.01 67.88 0.00 1,892 5,440
NIE Virtus AG Eq & Convt Incm Fd Virtus 0.36 -12.22 8.57 0.00 0.00 737 2,046
GLO Clough Glbl Opp Fd Clough 0.36 -0.88 14.27 0.00 43.36 328 1,512
RIV RiverNorth Opp Fd RiverNorth 0.38 2.74 14.30 30.40 16.61 246 1,693
TBLD Thornburg Incm Bldr Opp Tr Thornburg Inv Mgmt 0.40 -11.17 7.78 0.00 0.00 580 1,538
ZTR Virtus Tot Rtn Fd Virtus 0.41 4.18 10.41 64.06 27.00 425 942
UTG Reaves Util Incm Fd W.H. Reaves 0.49 -0.09 6.71 0.00 16.17 2,263 6,997
DNP DNP Sel Incm Fd Virtus 0.48 9.26 6.82 17.22 24.73 3,596 7,322
UTF C&S Infra Fd Cohen&Steers 0.47 -0.79 6.71 0.00 25.90 2,655 4,213
DPG D&P Util & Infra Fd Virtus 0.51 5.34 8.98 78.39 28.59 562 1,499
BUI BR Util Infra & Pwr OppTr BlackRock 0.44 -4.99 6.41 24.78 0.00 527 1,290
GUT Gabelli Util Tr Gabelli 0.50 66.44 8.34 86.57 21.00 315 1,630
IHD Voya Emrg Mkt Hi Div Eq Fd Voya 0.79 -12.57 11.90 84.30 0.00 131 450
CUBA Herzfeld Caribbean Basin Fd Herzfeld Cuba 0.74 -12.26 22.77 100.00 0.00 32 110
BTO JH Fin Opp Fd John Hancock 0.82 8.92 6.67 7.58 14.64 680 1,998

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