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	1,021.18	4.11	11.85	-13.27	-25.39	-20.03	-18.12	-1.96	0.58	5.51	5.51	-23.43
NAV	1,035.34	1.99	6.15	-10.02	-20.68	-15.26	-14.43	-0.58	0.80	3.22	3.22	-19.60
Difference		-2.11	-5.70	3.25	4.71	4.77	3.69	1.38	0.22	-2.28	-2.28	3.83
* Periods greater than 1 Year are annualized. ** On Inception Date (12/30/16), Index Price was $1,000 and NAV was $1,000.00

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	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-28.93
NAV	-0.28	-5.29	-18.27	-22.82	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-22.82
Difference	-0.64	4.21	3.48	6.12	-	-	-	-	-	-	-	-	-	-	-	-	-	-	6.12
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 -9.15%	1Yr Disc -5.15%	3Yr Disc -4.92%	5Yr Disc -6.11%	Rel Disc Range (3yr) 59.42%
Mkt Yield 11.86%	Lev Adj NAV Yield 8.91%	After Tax Yield* 10.06%	Est Tax Friction* 1.80%	3Yr NAV Volatiliy 17.93
1 Yr RoC 25.19%	3 Yr Dest RoC 19.86%	Leverage 20.86%	Non Lev Exp Ratio 1.60%	Beta (2yr) 0.89
Equity Exposure 56.18%	Bond Exposure 41.84%	# Holdings 169	Cash Weighted Duration 1.27
Comp NAV TR 1.91%	Comp Discount 1.44%	Net Assets (M) 701	Liquidity - 90d (K) 4,020
* 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

169 Funds

Ticker	Name	Sponsor	Allocation	Discount	Market Yield	RoC(1yr)	Leverage	Net Assets	Liquidity (90d)
PCI	PIMCO Dyn Cr & Mortg Incm	PIMCO	0.68	14.70	11.01	0.00	43.95	2,347	22,935
DSL	DbLin Incm Solutions Fd	Doubleline	0.62	11.09	12.66	3.36	28.98	1,300	11,866
PDI	PIMCO Dyn Incm Fd	PIMCO	0.70	19.55	10.71	0.00	38.06	1,219	12,407
BTZ	BR Cr Alloc Incm Tr	BlackRock	0.66	-6.28	7.85	13.62	29.42	1,280	7,780
RA	Brkf Real Ast Incm Fd	Brookfield	0.66	-9.39	14.65	43.79	21.80	808	6,029
GOF	Gghm Stgc Opp Fd	Guggenheim Funds	0.64	6.63	13.86	55.02	6.25	614	5,653
PHK	PIMCO Hi Incm Fd	PIMCO	0.67	16.09	13.78	0.68	27.23	606	6,052
AWF	AB Glbl Hi Incm Fd	AllianceBernstein	0.64	-9.95	7.97	0.00	45.44	944	4,411
BIT	BR Mlt-Sctr Incm Tr	BlackRock	0.68	-7.22	10.80	12.76	37.40	556	4,057
PFN	PIMCO Incm Stgy Fd II	PIMCO	0.65	9.09	11.43	0.00	21.72	538	4,295
BHK	BR Core Bnd Tr	BlackRock	0.65	-8.12	5.83	17.23	24.01	817	3,381
PKO	PIMCO Incm Opp Fd	PIMCO	0.67	13.32	10.35	0.00	31.97	360	3,208
ARCC	Ares Capital Corp	Ares	0.28	-24.36	12.21	0.00	46.77	7,466	61,653
MAIN	Main Street Cap Corp	Main Street Capital	0.29	9.45	9.40	0.00	41.08	1,540	21,936
PSEC	Prospect Capital Corp	Prospect Capital	0.25	-47.46	15.82	0.00	39.41	3,184	17,170
FSK	FS KKR Capital Corp	FS/KKR	0.31	-52.75	21.05	0.00	51.06	3,846	15,502
GBDC	Golub Capital BDC	Golub Capital	0.22	-25.63	10.65	0.00	50.69	2,229	13,164
ORCC	Owl Rock Capital Corp	Owl Rock	0.28	-11.48	9.19	0.00	33.01	6,019	14,684
HTGC	Hercules Capital	Hercules	0.29	-13.84	14.08	0.00	52.28	1,166	11,993
NMFC	New Mountain Fin Corp	New Mountain Capital	0.25	-44.80	18.58	0.00	60.01	1,284	9,429
TSLX	TPG Specialty Lending	TSL Advisers	0.27	-5.88	10.35	0.00	47.98	1,123	9,480
AINV	Apollo Inv Corp	Apollo	0.31	-47.56	18.79	0.00	58.52	1,216	9,336
NEWT	Newtek Biz Serv Corp	Newtek	0.27	-0.38	11.25	0.00	54.17	327	5,717
OCSL	Oaktree Splty Lending	Oaktree Capital	0.28	-42.51	10.00	0.00	35.37	932	4,743
GSBD	Goldman Sachs BDC	Goldman Sachs	0.29	-21.07	13.62	0.00	52.18	677	4,251
TCPC	BR TCP Capital Corp	BlackRock	0.28	-45.72	20.08	0.00	53.16	776	4,193
SLRC	Solar Capital	Solar Capital	0.31	-35.07	11.78	0.00	30.11	906	4,316
BCSF	Bain Cap Splty Fin	BCSF Advisors	0.25	-47.46	15.83	0.00	59.52	1,019	3,813
CGBD	TCG BDC	Carlyle	0.28	-62.74	23.99	0.00	53.84	947	3,449
TPVG	TP Vntr Gwth BDC Corp	TriplePoint Capital	0.32	-45.58	19.83	0.00	49.08	409	3,509
CSWC	Cap Southwest Corp	Capital Southwest	0.26	-27.78	16.87	0.00	45.56	312	2,623
HRZN	Horizon Tech Fin Corp	Horizon Tech Fin	0.27	-25.53	13.62	0.00	44.88	198	2,539
GAIN	Gladstone Inv Corp	Gladstone	0.30	-24.30	8.87	0.00	23.73	413	2,811
SAR	Saratoga Inv Corp	Saratoga	0.30	-45.02	16.10	0.00	48.26	283	2,081
JQC	Nuv Cr Stgs Incm Fd	Nuveen	0.41	-9.18	17.03	54.98	38.52	930	8,713
VVR	Invsc Sr Incm Tr	Invesco	0.40	-11.34	8.18	6.78	34.00	608	5,686
JFR	Nuv Flt Rt Incm Fd	Nuveen	0.39	-10.51	8.55	0.00	38.70	509	4,086
JRO	Nuv Flt Rt Incm Opp Fd	Nuveen	0.39	-10.03	8.42	0.00	38.06	360	4,382
VTA	Invsc Dyn Cr Opp Fd	Invesco	0.40	-10.93	10.32	16.06	35.00	617	4,115
NSL	Nuv Sr Incm Fd	Nuveen	0.39	-13.04	9.13	0.00	39.24	204	3,020
BGB	B/GSO Stgc Cr Fd	GSO / Blackstone	0.39	-7.28	11.05	0.00	37.08	534	3,619
FRA	BR Flt Rt Incm Stgc Fd	BlackRock	0.41	-9.92	8.40	1.42	30.17	449	3,477
EFR	EV Sr Flt-Rt Tr	Eaton Vance	0.40	-10.19	7.48	0.00	35.60	441	3,299
HFRO	Highland Incm Fd	Highland Capital	0.41	-23.58	9.70	40.23	29.03	897	3,466
EFT	EV Flt-Rt Incm Tr	Eaton Vance	0.40	-10.74	7.38	0.00	35.10	486	3,009
PPR	Voya Prime Rt Tr	Voya	0.40	-7.45	5.85	0.00	28.75	655	3,144
ARDC	Ares Dyn Cr Alloc Fd	Ares	0.37	-6.68	10.74	0.00	32.00	267	1,942
BSL	B/GSO Sr Flt Rt Trm Fd	GSO / Blackstone	0.38	-4.88	9.43	0.00	33.00	200	1,526
BGT	BR Flt Rt Incm Fd	BlackRock	0.41	-10.90	8.50	0.00	29.64	278	1,487
HYT	BR Corp Hi Yld Fd	BlackRock	0.37	-3.56	9.59	8.71	31.34	1,232	10,567
HIO	WA Hi Incm Opp Fd	Legg Mason	0.36	-10.20	8.86	5.36	0.00	627	3,922
HIX	WA Hi Incm Fd II	Legg Mason	0.38	-10.41	10.67	8.58	29.07	524	3,802
GHY	PGIM Glbl Hi Yld Fd	Prudential	0.36	-10.06	10.68	0.00	26.89	537	3,318
ISD	PGIM Hi Yld Bnd Fd	Prudential	0.37	-9.70	10.10	0.00	29.17	460	3,334
EAD	WF Incm Opp Fd	Wells Fargo	0.36	-9.64	10.61	1.10	29.18	461	3,049
DHY	CS Hi Yld Bnd Fd	Credit Suisse	0.35	-5.85	10.26	13.95	27.87	212	2,937
DSU	BR Dbt Stgs Fd	BlackRock	0.39	-8.02	8.96	9.80	31.11	511	2,882
FSD	FT Hi Incm Lng/Srt Fd	First Trust	0.36	-10.71	10.28	28.74	27.34	494	2,292
DHF	BNY Mellon Hi Yld Stgs Fd	BNY Mellon	0.37	-8.21	10.49	0.00	31.36	195	2,434
KIO	KKR Incm Opp Fd	KKR Credit	0.35	-5.39	13.57	0.00	23.96	238	2,066
HYI	WA Hi Yld Dfin Opp Fd	Legg Mason	0.36	-4.56	8.47	0.00	0.00	319	1,833
EHI	WA Glbl Hi Incm Fd	Legg Mason	0.39	-7.46	9.54	2.79	29.70	402	1,796
ACP	Abd Incm Cr Stgs Fd	Aberdeen	0.36	-7.04	18.49	10.44	30.97	146	1,594
BGH	Barings Glbl Srt Dur Hi Yld Fd	Barings	0.36	-5.32	10.79	0.00	30.76	249	1,523
IVH	Ivy Hi Incm Opp Fd	Ivy Investment	0.36	-8.39	10.88	0.00	31.73	200	1,229
JPS	Nuv Pref & Incm Sec Fd	Nuveen	0.63	-2.20	7.58	0.17	37.64	1,667	10,992
FPF	FT Imd Dur Pref & Incm Fd	First Trust	0.63	-0.76	8.08	3.04	27.48	1,205	6,238
JPC	Nuv Pref & Incm Opp Fd	Nuveen	0.62	-0.12	7.95	0.30	38.08	828	5,256
FFC	F&C Pref Sec Incm Fd	Flaherty & Crumrine	0.63	6.75	7.21	0.00	39.60	776	5,097
LDP	C&S Ltd Dur Pref & Incm Fd	Cohen & Steers	0.62	0.69	8.55	8.71	29.20	627	3,066
PDT	JH Prm Div Fd	John Hancock	0.61	5.36	9.02	1.51	35.40	598	2,796
DFP	F&C Dyn Pref and Incm Fd	Flaherty & Crumrine	0.63	1.97	7.55	0.00	40.10	427	2,494
JPI	Nuv Pref & Incm Trm Fd	Nuveen	0.62	-1.39	7.87	0.09	33.63	460	2,398
CHY	Calamos Convt & Hi Incm Fd	Calamos	0.99	1.23	10.32	13.32	33.83	715	3,751
CHI	Calamos Convt Opp & Incm	Calamos	0.97	-4.42	10.84	13.88	34.00	657	3,581
NCV	AG Convt & Incm Fd	Allianz	0.96	-8.11	13.25	38.99	42.24	379	2,669
AVK	Advent Convt & Incm Fd	Guggenheim Funds	1.02	-11.09	12.18	63.34	46.28	448	2,541
CCD	Calamos Dyn Convt & Incm Fd	Calamos	0.95	-1.25	11.54	26.92	33.65	431	2,163
BBN	BR Taxable Muni BndTr	BlackRock	1.97	0.79	5.83	0.96	35.77	1,305	8,607
NBB	Nuv Taxable Muni Incm Fd	Nuveen	1.95	0.71	5.62	0.00	35.11	537	2,963
ADX	Adams Divr Eq Fd	Adams Funds	0.74	-14.06	6.63	0.00	0.00	1,719	6,508
AGD	Abd Glbl Dyn Div Fd	Aberdeen	0.75	-12.54	9.64	3.67	0.00	116	697
AOD	Abd Tot Dyn Div Fd	Aberdeen	1.05	-12.10	9.69	9.21	0.00	854	3,995
ASG	Liberty All-Star Gwth Fd	ALPS	0.74	-5.59	10.26	0.00	0.00	245	1,606
BGY	BR Enh Intl DivTr	BlackRock	1.06	-11.36	8.38	66.70	0.00	577	2,006
BIF	Boulder Gwth & Incm Fd	Boulder	1.13	-16.43	4.15	21.03	0.00	1,206	2,885
BSTZ	BR Sci & Tech Tr II	BlackRock	1.06	-2.51	6.57	99.80	0.00	1,463	5,160
CAF	MS China A Shr Fd	Morgan Stanley	0.71	-15.76	4.52	0.00	0.00	487	2,562
CET	Cntrl Sec Corp	Central Securities	0.74	-7.62	4.76	0.00	0.00	795	1,297
CHN	China Fund	Allianz	0.71	-14.99	7.33	0.00	0.00	233	609
CLM	Cornerstone Stgc Val Fd	Cornerstone	1.18	2.99	23.88	76.19	0.00	681	10,211
CRF	Cornerstone Tot Rtn Fd	Cornerstone	1.15	3.35	24.11	79.48	0.00	345	6,053
DNI	Div & Incm Fd	Bexil	0.71	-18.31	10.78	52.71	1.49	141	749
EMF	Tmp Emrg Mkt Fd	Templeton	0.73	-12.60	9.89	0.00	3.57	226	897
EOD	WF Glbl Div Opp Fd	Wells Fargo	1.11	-8.16	14.53	0.00	15.37	194	1,022
ETG	EV Tx-Adv Glbl Div Incm Fd	Eaton Vance	1.60	-5.56	9.28	9.28	23.00	1,070	4,544
ETO	EV Tx-Adv Glbl Div Opp Fd	Eaton Vance	0.76	3.03	10.95	6.71	23.20	289	2,071
EVT	EV Tx-Adv Div Incm Fd	Eaton Vance	1.57	-4.74	9.42	5.57	19.20	1,421	5,771
FDEU	FT Dyn Euro Eq Incm Fd	First Trust	1.75	-8.65	14.48	33.84	20.59	189	1,031
GAB	Gabelli Eq Tr	Gabelli	0.71	8.43	12.96	69.83	31.00	1,098	5,129
GAM	General American Invstr	General American Inv	0.73	-16.20	8.34	0.00	14.68	868	1,888
GDV	Gabelli Div & Incm Tr	Gabelli	1.55	-14.31	8.29	28.56	24.00	1,686	8,076
GGT	Gabelli Multimedia Tr	Gabelli	0.75	15.31	14.43	72.95	45.00	132	754
GLQ	Clough Glbl Eq Fd	Clough	0.72	-9.67	14.05	0.00	43.87	138	811
HGLB	Highland Glbl Alloc Fd	Highland Capital	0.76	-44.23	20.45	21.52	39.16	200	688
HIE	Miller/Howard Hi Incm Eq Fd	Miller/Howard	0.96	-14.24	8.66	70.37	34.00	116	912
IDE	Voya Infra Ind & Matrls Fd	Voya	1.02	-13.92	10.58	58.14	0.00	194	961
IFN	India Fund	Aberdeen	0.71	-12.60	15.96	0.49	0.00	440	2,609
IGD	Voya Glbl Eq Div & Prm Opp	Voya	1.04	-10.91	9.64	62.77	0.00	543	3,587
IHD	Voya Emrg Mkt Hi Div Eq Fd	Voya	1.61	-11.98	12.57	58.19	0.00	124	604
IIF	MS India Inv Fd	Morgan Stanley	0.71	-16.98	0.21	0.00	0.00	213	811
JCE	Nuv Core Eq Alpha Fd	Nuveen	0.77	-4.63	8.51	77.99	0.00	197	763
JTD	Nuv Tx-Adv Div Gwth Fd	Nuveen	0.78	-5.10	9.95	0.00	32.39	190	743
LGI	Lzrd Glbl Tot Rtn & Incm Fd	Lazard	1.07	-12.61	9.75	35.51	28.30	195	953
MXF	Mexico Fund	Impulsora del	0.73	-8.32	8.28	53.80	0.00	142	599
RMT	Royce Micro-Cap Tr	Legg Mason	0.73	-14.67	10.91	18.94	5.15	298	1,480
RVT	Royce Val Tr	Legg Mason	1.15	-14.10	10.69	0.83	4.12	1,159	4,764
SOR	Source Capital	First Pacific	0.71	-14.41	3.16	0.00	0.00	314	816
TDF	Tmp Dragon Fd	Templeton	0.71	-13.98	5.58	0.00	0.00	692	1,759
TY	Tri-Cont Corp	Columbia Mngmt	1.16	-13.29	4.72	0.00	2.20	1,388	2,602
USA	Liberty All-Star Eq Fd	ALPS	1.18	-4.29	12.71	0.00	0.00	1,167	8,110
EXG	EV Tx-Mgd Glbl Divr Eq Incm	Eaton Vance	0.19	-5.51	10.78	90.65	0.00	2,199	9,924
ETV	EV Tx-Mgd By-Wrt Opp Fd	Eaton Vance	0.19	2.66	10.45	94.28	0.00	1,073	7,893
ETY	EV Tx-Mgd Divr Eq Incm Fd	Eaton Vance	0.20	-4.08	10.02	49.40	0.00	1,581	6,706
BDJ	BR Enh Eq Div Tr	BlackRock	0.20	-9.45	8.46	0.00	0.00	1,468	6,433
BST	BR Sci & Tech Tr	BlackRock	0.19	0.64	6.62	6.95	0.00	698	4,941
BXMX	Nuv S&P 500 By-Wrt Inc Fd	Nuveen	0.20	-6.12	8.54	84.18	0.00	1,207	4,857
ETW	EV Tx-Mgd Glbl By-Wrt Opp	Eaton Vance	0.19	-6.84	10.86	56.33	0.00	926	4,724
QQQX	Nuv Nasdaq 100 Dyn Owrt Fd	Nuveen	0.20	-2.20	7.64	95.78	0.00	824	4,524
NFJ	AG NFJ Div Int & Prm Stgy	Allianz	0.20	-12.12	8.62	54.25	0.00	1,126	3,749
ETJ	EV Risk-Mgd Divr Eq Incm Fd	Eaton Vance	0.19	-1.98	10.21	85.05	0.00	581	3,791
EOS	EV Enh Eq Incm Fd II	Eaton Vance	0.19	-1.71	7.93	25.25	0.00	746	3,623
CII	BR Enh Cap & Incm Fd	BlackRock	0.19	-7.23	7.58	38.99	0.00	659	3,021
BOE	BR Enh Glbl DivTr	BlackRock	0.19	-10.34	8.31	65.33	0.00	666	2,768
KYN	KA MLP/Midstream Inv Co	Kayne Anderson	0.23	-11.71	32.36	72.73	60.98	637	8,042
TYG	Tortoise Nrg Infra Corp	Tortoise	0.24	-15.09	50.16	100.00	65.00	199	2,833
KMF	KA Midstream/Nrg Fd	Kayne Anderson	0.22	-15.71	23.62	92.61	55.56	213	2,060
FEI	FT MLP & Nrg Incm Fd	First Trust	0.21	-16.92	24.19	47.93	18.02	281	2,064
CEM	CB MLP & Midstream Fd	Legg Mason	0.27	-16.33	47.01	96.00	37.04	211	2,077
FEN	FT Nrg Incm & Gwth Fd	First Trust	0.23	-9.86	21.89	100.00	17.97	235	1,664
NML	NB MLP Incm Fd	Neuberger Berman	0.22	-25.09	6.53	100.00	24.90	163	1,190
CEN	Center Coast Brkf MLP & Nrg Infr	Brookfield	0.22	-6.14	33.64	91.67	32.43	49	1,096
EMO	CB Nrg Midstream Opp Fd	Legg Mason	0.25	-16.35	52.87	78.75	38.46	149	1,364
NTG	Tortoise Midstream Nrg Fd	Tortoise	0.28	-2.17	69.63	100.00	73.20	87	1,592
FPL	FT New Opp MLP & Nrg Fd	First Trust	0.21	-10.29	22.44	21.89	18.36	115	999
JMF	Nuv Nrg MLP Total Rtn Fd	Nuveen	0.20	6.12	14.87	100.00	33.93	60	786
RQI	C&S Qlty Incm Rty Fd	Cohen & Steers	0.84	-12.59	9.22	0.00	22.10	1,597	11,757
IGR	CBRE Clr Glbl Rel-Est Incm Fd	CBRE Clarion	0.83	-15.97	10.27	69.33	10.37	810	3,366
AWP	Abd Glbl Prmr Prop Fd	Aberdeen	0.84	-13.86	10.30	34.80	5.65	462	2,972
HQH	Tekla Health Invstr	Tekla	0.82	-13.02	9.98	0.00	0.00	928	4,673
THQ	Tekla Health Opp Fd	Tekla	0.86	-10.71	7.97	25.00	20.62	786	3,779
THW	Tekla Wld Health Fd	Tekla	0.84	-6.68	11.14	90.10	21.11	406	2,740
GGN	GAMCO Glbl Gd NtrRes Incm	Gabelli	0.90	-4.57	17.96	93.17	14.00	546	5,908
BCX	BR Res & Com Stgy Tr	BlackRock	0.86	-15.01	11.16	71.60	0.00	593	3,350
BGR	BR Nrg & Res Tr	BlackRock	0.90	-1.59	10.95	55.74	0.00	226	2,328
CSQ	Calamos Stgc Tot Rtn Fd	Calamos	0.43	-2.08	10.23	0.00	32.85	1,716	6,603
NIE	AG Eq & Convt Incm Fd	Allianz	0.42	-10.07	7.74	0.00	0.00	605	2,456
ZTR	Virtus Glbl Div & Inc Fd	Virtus	0.43	-2.19	16.84	79.03	26.09	390	2,155
GLO	Clough Glbl Opp Fd	Clough	0.40	-13.39	14.47	38.81	44.61	277	1,457
FOF	C&S CE Opp Fd	Cohen & Steers	0.43	-0.76	9.95	55.16	0.00	288	1,491
RIV	RiverNorth Opp Fd	RiverNorth	0.41	-4.88	16.29	66.37	6.64	130	1,309
UTF	C&S Infra Fd	Cohen & Steers	0.48	-9.13	9.16	0.00	24.70	2,089	10,660
UTG	Reaves Util Incm Fd	W.H. Reaves	0.47	-4.57	7.45	0.00	19.97	149	8,702
DNP	DNP Sel Incm Fd	Duff & Phelps	0.50	19.24	7.28	10.90	23.10	2,706	8,484
DPG	D&P Util & Infra Fd	Duff & Phelps	0.51	-7.20	13.10	38.57	29.02	437	2,082
BUI	BR Util Infra & Pwr OppTr	BlackRock	0.50	-0.05	7.71	14.74	0.00	334	1,566
IAE	Voya AP Hi Div Eq Incm Fd	Voya	0.95	-12.58	12.89	66.69	0.00	91	370
CUBA	Herzfeld Caribbean Basin Fd	Herzfeld Cuba	0.96	0.00	30.94	87.40	0.00	23	128
BTO	JH Fin Opp Fd	John Hancock	1.00	-1.83	10.50	17.25	16.57	399	2,209

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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