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

Data as of 01/26/2023 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	1,561.08	0.73	2.42	9.64	11.20	1.11	-6.24	4.45	4.79	6.57	8.63	8.63	8.63
NAV	1,481.32	0.49	1.70	6.47	9.24	2.69	-4.41	4.44	4.26	6.37	5.94	5.94	5.94
Difference		-0.24	-0.72	-3.18	-1.96	1.59	1.83	-0.02	-0.53	-0.20	-2.69	-2.69	-2.69
* 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 (%) Show Previous Years
	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	-0.81	-7.22	-14.30	-17.99	8.08	-2.59	-11.64	-6.98	5.99	5.77	-5.08	6.40	-1.02	-18.83
NAV	-2.92	-1.40	1.04	-3.28	-5.53	-0.45	-6.68	-12.24	-15.12	5.98	-2.54	-7.51	-4.47	4.17	4.98	-2.87	6.22	1.48	-13.86
Difference	0.25	1.48	-0.72	1.02	1.35	0.36	0.54	2.06	2.87	-2.09	0.05	4.13	2.51	-1.82	-0.78	2.21	-0.18	2.50	4.96
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 -6.32%	1Yr Disc -5.65%	3Yr Disc -5.51%	5Yr Disc -5.06%	Rel Disc Range (3yr) 57.87%
Mkt Yield 9.17%	Lev Adj NAV Yield 7.32%	After Tax Yield* 7.75%	Est Tax Friction* 1.42%	3Yr NAV Volatiliy 22.01
1 Yr RoC 41.28%	3 Yr Dest RoC 25.96%	Leverage 20.75%	Non Lev Exp Ratio 1.57%	Beta (2yr) 0.82
Equity Exposure 56.25%	Bond Exposure 41.78%	# Holdings 161	Cash Weighted Duration 1.45
Comp NAV TR 0.59%	Comp Discount 0.95%	Net Assets (M) 968	Liquidity - 90d (K) 3,407
* Based on marginal tax rates of 25% and long-term capital gains rates of 15%.

Constituents

161 Funds

Ticker	Name	Sponsor	Allocation	Discount	Market Yield	RoC(1yr)	Leverage	Net Assets	Liquidity (90d)
PDI	PIMCO Dyn Incm Fd	PIMCO	0.69	12.31	12.95	0.00	42.51	4,424	24,326
PDO	PIMCO Dyn Incm Opp Fd	PIMCO	0.69	3.07	10.89	0.00	48.00	1,509	10,612
GOF	Gghm Stgc Opp Fd	Guggenheim Funds	0.67	26.24	13.20	57.91	22.47	1,504	8,027
DSL	DbLin Incm Solutions Fd	Doubleline	0.69	0.57	10.62	1.06	23.71	1,261	6,499
PAXS	PIMCO Access Incm Fd	PIMCO	0.66	-1.50	11.40	0.00	46.23	703	3,772
BTZ	BR Cr Alloc Incm Tr	BlackRock	0.68	-5.67	9.03	23.12	34.60	1,105	4,180
RA	Brkf Real Ast Incm Fd	Brookfield	0.67	8.48	13.73	53.29	27.10	891	3,591
WDI	WA Divr Incm Fd	Franklin Templeton	0.69	-8.20	10.81	2.00	32.95	802	3,070
BHK	BR Core Bnd Tr	BlackRock	0.66	-4.15	8.07	19.69	39.20	625	2,370
HFRO	Highland Incm Fd	Highland Capital	0.63	-27.86	8.77	0.00	13.42	994	1,851
AWF	AB Glbl Hi Incm Fd	AllianceBernstein	0.68	-8.09	7.86	0.19	23.88	938	2,194
PHK	PIMCO Hi Incm Fd	PIMCO	0.68	8.42	11.18	0.00	28.01	662	2,133
ARCC	Ares Capital Corp	Ares	0.26	5.71	9.79	0.00	53.62	9,433	54,596
ORCC	Owl Rock Capital Corp	Owl Rock	0.28	-12.05	10.11	0.00	53.65	5,848	28,241
FSK	FS KKR Capital Corp	FS/KKR	0.28	-22.73	13.91	0.00	54.89	7,159	21,217
BXSL	Blackstone Secur Lending Fd	Blackstone Cr BDC Advis	0.25	-8.58	10.19	0.00	55.54	4,117	17,167
HTGC	Hercules Capital	Hercules	0.26	36.39	10.08	0.00	52.02	1,363	12,132
MAIN	Main Street Cap Corp	Main Street Capital	0.26	46.31	6.87	0.00	49.30	2,075	11,755
GBDC	Golub Capital BDC	Golub Capital	0.25	-7.12	9.54	0.00	54.45	2,545	10,403
PSEC	Prospect Capital Corp	Prospect Capital	0.26	-24.88	9.57	0.00	46.77	3,980	9,732
GSBD	Goldman Sachs BDC	Goldman Sachs	0.27	3.20	11.61	0.00	56.52	1,544	8,970
TSLX	Sixth St Splty Lending	Sixth St Splty Lending	0.26	19.44	9.21	0.00	50.95	1,325	7,405
OCSL	Oaktree Splty Lending	Oaktree Capital	0.23	-1.37	10.75	0.00	49.16	1,245	7,701
CSWC	Cap Southwest Corp	Capital Southwest	0.27	14.88	10.95	0.00	54.20	476	6,281
NMFC	New Mountain Fin Corp	New Mountain Capital	0.25	-1.67	9.86	0.00	59.14	1,332	4,719
CGBD	TCG BDC	Carlyle	0.26	-12.94	9.64	0.00	54.07	881	4,612
BBDC	Barings BDC	Barings	0.25	-23.76	11.16	0.00	51.74	1,228	3,922
TRIN	Trinity Capital	Trinity Capital	0.31	-3.64	13.90	0.00	51.03	483	4,568
SLRC	SLR Inv Corp	SLR Capital	0.27	-15.90	10.61	0.00	46.77	1,006	3,690
TPVG	TP Vntr Gwth BDC Corp	TriplePoint Capital	0.27	-6.62	12.49	0.00	52.13	448	3,823
CION	CION Inv Corp	CION Inv Mgmt	0.26	-34.50	11.64	0.00	58.33	901	2,976
TCPC	BR TCP Capital Corp	BlackRock	0.25	-6.09	9.65	9.25	54.61	816	2,746
NEWT	Newtek Biz Serv Corp	Newtek	0.27	15.52	15.11	0.00	54.20	392	3,583
BCSF	Bain Cap Splty Fin	BCSF Advisors	0.27	-22.20	10.90	0.00	53.92	1,096	2,551
MFIC	MidCap Fin Invt Corp	Apollo	0.27	-20.19	12.00	0.00	58.80	1,011	2,504
VVR	Invsc Sr Incm Tr	Invesco	0.48	-4.13	9.72	2.76	31.80	630	3,314
JQC	Nuv Cr Stgs Incm Fd	Nuveen	0.48	-10.61	10.73	17.92	39.70	806	2,832
FSCO	FS Cr Opp Corp	FS/KKR	0.49	-21.75	11.87	0.00	36.39	1,259	2,427
BGB	Blackstone Stgc Cr Fd	Blackstone	0.48	-12.46	9.31	0.00	36.45	559	1,925
JFR	Nuv Flt Rt Incm Fd	Nuveen	0.49	-8.92	10.55	12.59	39.54	529	1,911
FRA	BR Flt Rt Incm Stgc Fd	BlackRock	0.48	-10.67	8.23	7.89	24.30	462	1,579
JRO	Nuv Flt Rt Incm Opp Fd	Nuveen	0.49	-9.02	10.61	10.98	39.39	373	1,354
EFR	EV Sr Flt-Rt Tr	Eaton Vance	0.49	-8.76	8.33	8.36	36.82	373	1,170
EFT	EV Flt-Rt Incm Tr	Eaton Vance	0.49	-10.62	8.06	6.90	38.00	378	1,094
ARDC	Ares Dyn Cr Alloc Fd	Ares	0.49	-10.78	10.39	0.00	34.01	319	1,273
BGT	BR Flt Rt Incm Fd	BlackRock	0.48	-10.13	8.19	7.38	24.63	285	890
FCT	FT Sr Flt Rt Incm Fd II	First Trust	0.49	-10.77	8.32	27.22	13.62	292	1,080
HYT	BR Corp Hi Yld Fd	BlackRock	0.37	-4.55	10.13	23.82	28.49	1,380	5,954
DLY	DbLin Yld Opp Fd	Doubleline	0.38	-6.42	9.61	7.83	20.49	747	3,533
FTHY	FT Hi Yld Opp 2027 Trm Fd	First Trust	0.37	-10.17	10.52	29.43	15.32	593	2,169
GHY	PGIM Glbl Hi Yld Fd	Prudential	0.38	-9.61	10.71	11.10	16.75	532	2,078
ISD	PGIM Hi Yld Bnd Fd	Prudential	0.38	-8.03	9.74	14.69	20.64	468	1,669
SDHY	PGIM Srt Dur Hi Yld Opp Fd	Prudential	0.37	-8.97	8.24	15.83	16.77	426	1,621
DSU	BR Dbt Stgs Fd	BlackRock	0.36	-10.34	8.79	8.78	25.05	500	1,495
FSD	FT Hi Incm Lng/Srt Fd	First Trust	0.37	-7.52	10.45	38.67	32.30	434	1,540
HIX	WA Hi Incm Fd II	Franklin Templeton	0.39	4.93	10.63	13.49	34.06	343	1,325
HIO	WA Hi Incm Opp Fd	Franklin Templeton	0.36	-9.33	8.82	8.39	0.00	428	1,252
EAD	Allspring Incm Opp Fd	Allspring	0.37	-7.49	9.27	10.95	30.00	438	1,263
KIO	KKR Incm Opp Fd	KKR Credit	0.36	-11.31	10.85	0.00	39.97	266	1,655
ACP	abrdn Incm Cr Stgs Fd	abrdn	0.41	8.29	15.31	0.00	42.25	180	1,232
BGH	Barings Glbl Srt Dur Hi Yld Fd	Barings	0.37	-9.57	9.38	0.00	26.66	300	969
DHF	BNY Mellon Hi Yld Stgs Fd	BNY Mellon	0.37	-12.26	7.86	0.00	31.29	190	891
HYI	WA Hi Yld Dfin Opp Fd	Franklin Templeton	0.35	-3.91	9.04	10.78	0.00	296	706
JPS	Nuv Pref & Incm Sec Fd	Nuveen	0.56	-9.15	6.52	0.00	38.78	1,687	4,697
PTA	Tx-Adv Pref Sec Pref Sec & Incm Fd	Cohen&Steers	0.57	-8.94	8.18	32.54	37.80	1,193	5,024
FPF	FT Imd Dur Pref & Incm Fd	First Trust	0.57	-8.13	7.19	1.22	32.56	1,243	4,113
LDP	C&S Ltd Dur Pref & Incm Fd	Cohen&Steers	0.56	-6.57	7.86	15.84	34.70	641	2,689
NPFD	Nuv Var Rt Pref & Incm Fd	Nuveen	0.55	-9.88	6.13	0.00	37.38	504	2,590
FFC	F&C Pref Sec Incm Fd	Flaherty & Crumrine	0.59	0.76	6.47	0.00	38.30	824	2,581
JPC	Nuv Pref & Incm Opp Fd	Nuveen	0.54	-7.66	7.31	0.00	37.77	878	2,188
DFP	F&C Dyn Pref & Incm Fd	Flaherty & Crumrine	0.57	-4.11	6.55	0.00	38.50	449	1,730
HPI	JH Pref Incm Fd	John Hancock	0.56	2.23	8.49	14.49	38.62	450	1,125
NCZ	Virtus Convt & Incm Fd II	Virtus	1.08	-7.73	13.47	97.25	42.97	276	1,990
CHI	Calamos Convt Opp & Incm	Calamos	1.06	13.80	9.47	0.00	38.98	785	2,014
CHY	Calamos Convt & Hi Incm Fd	Calamos	1.08	9.68	9.80	0.00	39.06	846	1,959
CCD	Calamos Dyn Convt & Incm Fd	Calamos	1.06	12.95	10.01	0.00	38.52	544	1,650
NCV	Virtus Convt & Incm Fd	Virtus	1.08	-3.20	12.98	96.75	42.66	367	1,418
BBN	BR Taxable Muni BndTr	BlackRock	1.95	-3.20	6.91	16.77	33.90	1,141	4,540
NBB	Nuv Taxable Muni Incm Fd	Nuveen	1.91	-4.12	5.23	0.00	40.61	507	1,646
ADX	Adams Divr Eq Fd	Adams Funds	0.86	-15.86	6.96	0.00	0.00	2,155	3,915
AOD	abrdn Tot Dyn Div Fd	abrdn	1.26	-12.92	8.25	31.91	1.05	1,012	3,658
ASG	Liberty All-Star Gwth Fd	ALPS	0.89	-4.17	8.33	0.00	0.00	310	1,159
BGY	BR Enh Intl DivTr	BlackRock	1.26	-12.72	7.48	57.98	0.00	638	1,941
BIGZ	BR Innovation & Gwth Tr	BlackRock	1.31	-20.25	10.99	100.00	0.00	2,200	12,546
BSTZ	BR Sci & Tech Tr II	BlackRock	1.38	-13.19	12.50	48.25	0.00	1,658	8,964
CAF	MS China A Shr Fd	Morgan Stanley	0.94	-11.38	0.02	0.00	0.00	408	658
CET	Cntrl Sec Corp	Central Securities	0.86	-15.71	6.96	0.00	0.00	1,138	792
CLM	Cornerstone Stgc Val Fd	Cornerstone	1.26	19.28	18.61	82.54	0.00	1,434	11,985
CRF	Cornerstone Tot Rtn Fd	Cornerstone	1.28	20.56	18.19	81.86	0.00	657	5,868
EMF	Tmp Emrg Mkt Fd	Franklin Templeton	0.91	-10.75	8.83	0.00	11.65	225	577
ETG	EV Tx-Adv Glbl Div Incm Fd	Eaton Vance	1.67	-8.38	7.28	32.80	23.21	1,378	2,814
ETO	EV Tx-Adv Glbl Div Opp Fd	Eaton Vance	0.89	-7.76	7.23	30.55	22.22	405	1,242
EVT	EV Tx-Adv Div Incm Fd	Eaton Vance	0.86	-4.83	7.42	0.00	21.60	1,867	2,658
FDEU	FT Dyn Euro Eq Incm Fd	First Trust	1.70	-9.92	6.75	22.92	23.74	238	870
GAB	Gabelli Eq Tr	Gabelli	0.86	7.59	10.33	89.00	22.00	1,587	2,595
GAM	General American Invstr	General American Inv	0.86	-17.29	3.91	0.00	16.07	1,109	960
GDV	Gabelli Div & Incm Tr	Gabelli	1.63	-13.57	6.06	0.78	14.00	2,275	3,385
GLQ	Clough Glbl Eq Fd	Clough	1.13	-13.74	11.45	62.27	46.83	139	932
HGLB	Highland Glbl Alloc Fd	Highland Capital	1.23	-20.82	10.19	0.00	1.17	279	525
IDE	Voya Infra Ind & Matrls Fd	Voya	0.89	-15.21	9.34	20.63	0.00	183	493
IFN	India Fund	abrdn	0.98	-1.88	11.60	0.00	0.00	484	2,066
IGD	Voya Glbl Eq Div & Prm Opp	Voya	1.19	-10.51	8.81	52.33	0.00	486	1,455
IIF	MS India Inv Fd	Morgan Stanley	0.99	-15.70	9.59	0.00	0.00	258	841
JCE	Nuv Core Eq Alpha Fd	Nuveen	0.77	1.66	12.31	3.23	0.00	203	708
LGI	Lzrd Glbl Tot Rtn & Incm Fd	Lazard	1.28	-7.69	7.07	17.21	27.94	223	706
NBXG	NB Nxt Gen Connectivity Fd	Neuberger Berman	1.28	-20.43	12.04	100.00	0.00	987	3,735
RMT	Royce Micro-Cap Tr	Franklin Templeton	0.88	-11.40	10.11	22.44	4.94	491	1,365
RVT	Royce Val Tr	Franklin Templeton	1.27	-9.86	8.08	5.27	4.52	1,720	4,276
SOR	Source Capital	First Pacific	0.83	-6.66	5.65	0.00	0.00	351	600
STEW	SRH Tot Rtn Fd	Paralel Advisors	0.82	-17.32	3.89	0.00	14.79	1,512	949
TDF	Tmp Dragon Fd	Franklin Templeton	0.99	-11.43	10.44	0.00	0.00	476	1,163
TY	Tri-Cont Corp	Columbia Mngmt	1.25	-11.47	3.88	0.00	2.40	1,677	1,479
USA	Liberty All-Star Eq Fd	ALPS	1.29	-1.13	9.79	0.00	0.00	1,576	5,337
EXG	EV Tx-Mgd Glbl Divr Eq Incm	Eaton Vance	0.22	-6.93	8.38	19.67	0.00	2,600	5,171
BST	BR Sci & Tech Tr	BlackRock	0.24	4.70	9.04	19.30	0.00	1,046	5,209
BDJ	BR Enh Eq Div Tr	BlackRock	0.21	0.55	7.39	0.00	0.00	1,691	4,450
QQQX	Nuv Nasdaq 100 Dyn Owrt Fd	Nuveen	0.23	6.05	8.73	10.29	0.00	1,033	3,681
ETV	EV Tx-Mgd By-Wrt Opp Fd	Eaton Vance	0.22	2.80	8.87	69.01	0.00	1,357	3,747
NFJ	Virtus Div Int & Prm Stgy Fd	Virtus	0.23	-13.48	8.04	0.00	0.00	1,336	3,559
ETY	EV Tx-Mgd Divr Eq Incm Fd	Eaton Vance	0.22	-0.69	8.44	12.84	0.00	1,801	3,519
BXMX	Nuv S&P 500 By-Wrt Inc Fd	Nuveen	0.22	0.54	7.20	0.00	0.00	1,359	2,433
ETW	EV Tx-Mgd Glbl By-Wrt Opp	Eaton Vance	0.22	-6.77	8.59	10.88	0.00	954	2,587
EOS	EV Enh Eq Incm Fd II	Eaton Vance	0.22	2.53	8.11	46.06	0.00	854	2,057
CII	BR Enh Cap & Incm Fd	BlackRock	0.22	-1.57	6.57	0.00	0.00	814	1,962
BOE	BR Enh Glbl DivTr	BlackRock	0.22	-12.59	7.46	27.50	0.00	728	2,169
KYN	KA Nrg Infra Fd	Kayne Anderson	0.35	-11.28	8.70	45.00	25.32	1,412	4,522
CEM	CB MLP & Midstream Fd	Franklin Templeton	0.34	-14.46	6.95	40.52	32.89	565	2,412
EMO	CB Nrg Midstream Opp Fd	Franklin Templeton	0.34	-13.51	6.80	24.22	33.33	461	1,907
TYG	Tortoise Nrg Infra Corp	Tortoise	0.33	-16.82	8.45	100.00	23.80	458	1,595
NML	NB MLP & Nrg Incm Fd	Neuberger Berman	0.34	-14.32	9.68	100.00	18.00	479	1,340
KMF	KA NextGen Nrg & Infra	Kayne Anderson	0.34	-15.51	8.10	94.06	22.78	441	1,084
FEI	FT MLP & Nrg Incm Fd	First Trust	0.33	-12.92	7.30	78.72	20.08	427	1,114
NTG	Tortoise Midstream Nrg Fd	Tortoise	0.34	-16.39	8.19	58.75	21.20	241	1,100
RQI	C&S Qlty Incm Rty Fd	Cohen&Steers	0.72	-4.51	7.43	0.00	30.00	1,817	4,850
IGR	CBRE Clr Glbl Rel-Est Incm Fd	CBRE Invst Mgmt	0.73	-6.06	10.81	11.41	29.98	827	3,041
RLTY	C&S Rel-Est Opp & Incm Fd	Cohen&Steers	0.71	-9.76	8.18	69.62	36.60	283	1,864
AWP	abrdn Glbl Prmr Prop Fd	abrdn	0.71	-6.21	10.96	71.17	11.03	399	1,666
BMEZ	BR Health Sci Tr II	BlackRock	0.68	-14.73	10.48	17.31	0.00	2,135	8,911
HQH	Tekla Health Invstr	Tekla	0.66	-11.07	8.30	59.82	0.00	1,001	3,169
THQ	Tekla Health Opp Fd	Tekla	0.62	-10.87	6.89	59.75	21.22	909	2,114
BME	BR Health Sci Tr	BlackRock	0.62	-0.44	5.97	14.08	0.00	596	1,442
BCX	BR Res & Com Stgy Tr	BlackRock	0.87	-12.52	5.97	63.38	0.00	1,041	3,520
GGN	GAMCO Glbl Gd NtrRes Incm	Gabelli	0.89	-7.26	9.40	85.28	13.00	637	2,120
BGR	BR Nrg & Res Tr	BlackRock	0.89	-10.60	5.27	43.44	0.00	418	1,404
ECAT	BR ESG Cap Alloc Tr	BlackRock	0.40	-15.53	8.11	72.67	0.00	1,794	7,598
CSQ	Calamos Stgc Tot Rtn Fd	Calamos	0.39	1.77	8.57	15.86	34.99	2,248	3,334
TBLD	Thornburg Incm Bldr Opp Tr	Thornburg Inv Mgmt	0.39	-12.03	8.14	0.00	0.00	560	1,888
GLO	Clough Glbl Opp Fd	Clough	0.36	-14.16	11.52	65.25	46.71	255	2,081
NIE	Virtus Eq & Convt Incm Fd	Virtus	0.44	-10.34	9.99	0.00	0.00	619	2,229
RIV	RiverNorth Opp Fd	RiverNorth	0.36	-4.39	12.56	84.59	37.28	274	1,396
ZTR	Virtus Tot Rtn Fd	Virtus	0.38	-7.93	14.01	51.56	28.64	510	1,206
UTG	Reaves Util Incm Fd	W.H. Reaves	0.44	1.08	7.65	0.00	20.75	2,107	6,705
DNP	DNP Sel Incm Fd	Virtus	0.44	27.42	6.66	28.59	26.46	3,257	4,998
UTF	C&S Infra Fd	Cohen&Steers	0.44	0.04	7.33	3.55	30.60	2,416	3,661
MEGI	MainStay CBRE Glbl Infra MTrnd	New York Life	0.46	-15.37	8.58	0.00	33.00	931	3,878
BUI	BR Util Infra & Pwr OppTr	BlackRock	0.45	-3.81	6.53	33.61	0.00	515	1,289
DPG	D&P Util & Infra Fd	Virtus	0.43	10.09	10.10	93.71	29.59	480	1,069
IAE	Voya AP Hi Div Eq Incm Fd	Voya	0.84	-11.11	12.36	70.50	0.00	90	296
AEF	abrdn Emrg Mkt Eq Incm Fd	abrdn	0.82	-12.56	6.23	67.80	15.23	335	485
CUBA	Herzfeld Caribbean Basin Fd	Herzfeld Cuba	0.79	-18.27	17.06	100.00	0.00	33	69
BTO	JH Fin Opp Fd	John Hancock	0.79	10.22	7.05	38.57	16.53	642	1,635

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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