About the Index
US-Equity and Non-US equity fund grouping according to CEFdata.com with $500K+ in 90 day average dollar $ liquidity. (2) US + Non-US Bond exposure combined under 33.33%. Equal weight the funds that meet these criteria. 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 | 1,866.58 | -0.42 | -2.83 | -4.03 | 2.17 | 15.44 | 12.25 | 0.53 | 6.58 | 6.97 | -6.12 | -6.12 | 1.85 | ||||||
NAV | 1,792.33 | -0.50 | -2.13 | -2.91 | 3.32 | 15.66 | 14.31 | 1.81 | 6.97 | 6.55 | -4.47 | -4.47 | 2.15 | ||||||
Difference | -0.09 | 0.70 | 1.13 | 1.15 | 0.22 | 2.06 | 1.27 | 0.39 | -0.42 | 1.65 | 1.65 | 0.30 | |||||||
* Periods greater than 1 Year are annualized. ** On Inception Date (12/30/16), Index Price was $1,000 and NAV was $1,000.00 |
2024 - Monthly Performance (%) | |||||||||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Jan | Feb | Mar | Q1 | Apr | May | Jun | Q2 | 1H | Jul | Aug | Sep | Q3 | Oct | Nov | Dec | Q4 | 2H | 2024 | |
Price | 1.47 | 3.52 | 3.29 | 8.50 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
NAV | 0.24 | 3.61 | 2.97 | 6.93 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
Difference | -1.23 | 0.09 | -0.32 | -1.56 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
2023 - Monthly Performance (%) | |||||||||||||||||||
Jan | Feb | Mar | Q1 | Apr | May | Jun | Q2 | 1H | Jul | Aug | Sep | Q3 | Oct | Nov | Dec | Q4 | 2H | 2023 | |
Price | 9.39 | -2.89 | 0.53 | 6.80 | -0.23 | -1.43 | 6.71 | 4.94 | 12.08 | 3.63 | -3.17 | -3.61 | -3.28 | -5.73 | 9.50 | 4.34 | 7.71 | 4.18 | 16.76 |
NAV | 7.78 | -3.13 | 1.50 | 5.97 | 0.72 | -1.28 | 5.95 | 5.35 | 11.64 | 3.06 | -2.34 | -3.81 | -3.18 | -3.16 | 7.58 | 5.48 | 9.89 | 6.39 | 18.77 |
Difference | -1.60 | -0.25 | 0.96 | -0.83 | 0.95 | 0.15 | -0.76 | 0.41 | -0.44 | -0.57 | 0.83 | -0.20 | 0.09 | 2.57 | -1.92 | 1.14 | 2.18 | 2.21 | 2.02 |
2022 - Monthly Performance (%) | |||||||||||||||||||
Jan | Feb | Mar | Q1 | Apr | May | Jun | Q2 | 1H | Jul | Aug | Sep | Q3 | Oct | Nov | Dec | Q4 | 2H | 2022 | |
Price | -3.88 | -3.39 | 2.10 | -5.19 | -9.92 | -0.24 | -6.73 | -16.18 | -20.53 | 8.73 | -3.76 | -11.49 | -7.39 | 6.65 | 4.59 | -4.96 | 6.02 | -1.82 | -21.98 |
NAV | -3.88 | -2.26 | 0.94 | -5.17 | -7.71 | -0.02 | -7.02 | -14.21 | -18.64 | 6.88 | -3.82 | -8.78 | -6.22 | 5.70 | 6.01 | -3.87 | 7.72 | 1.01 | -17.82 |
Difference | -0.01 | 1.13 | -1.16 | 0.02 | 2.21 | 0.22 | -0.29 | 1.97 | 1.89 | -1.85 | -0.06 | 2.72 | 1.16 | -0.95 | 1.43 | 1.09 | 1.70 | 2.83 | 4.16 |
2021 - Monthly Performance (%) | |||||||||||||||||||
Jan | Feb | Mar | Q1 | Apr | May | Jun | Q2 | 1H | Jul | Aug | Sep | Q3 | Oct | Nov | Dec | Q4 | 2H | 2021 | |
Price | 1.53 | 5.30 | 3.99 | 11.18 | 3.39 | 2.74 | 1.45 | 7.76 | 19.80 | -1.13 | 2.74 | -3.01 | -1.48 | 4.19 | -2.46 | 3.46 | 5.15 | 3.59 | 24.11 |
NAV | 0.70 | 3.41 | 2.58 | 6.82 | 3.63 | 2.35 | 0.49 | 6.59 | 13.86 | -0.59 | 1.97 | -3.47 | -2.15 | 4.27 | -2.92 | 2.62 | 3.87 | 1.64 | 15.73 |
Difference | -0.83 | -1.89 | -1.41 | -4.36 | 0.24 | -0.38 | -0.95 | -1.16 | -5.94 | 0.54 | -0.77 | -0.46 | -0.67 | 0.07 | -0.46 | -0.84 | -1.27 | -1.96 | -8.38 |
2020 - Monthly Performance (%) | |||||||||||||||||||
Jan | Feb | Mar | Q1 | Apr | May | Jun | Q2 | 1H | Jul | Aug | Sep | Q3 | Oct | Nov | Dec | Q4 | 2H | 2020 | |
Price | -0.31 | -10.08 | -18.87 | -27.28 | 11.54 | 5.14 | 3.06 | 20.87 | -12.10 | 5.00 | 5.45 | -3.41 | 6.95 | -2.37 | 14.81 | 5.91 | 18.72 | 26.97 | 11.60 |
NAV | -1.08 | -6.92 | -17.29 | -23.85 | 11.48 | 4.99 | 3.10 | 20.68 | -8.10 | 5.44 | 4.60 | -2.68 | 7.33 | -1.29 | 11.29 | 5.12 | 15.47 | 23.94 | 13.90 |
Difference | -0.77 | 3.16 | 1.58 | 3.43 | -0.07 | -0.15 | 0.05 | -0.19 | 4.00 | 0.44 | -0.85 | 0.73 | 0.39 | 1.07 | -3.53 | -0.79 | -3.25 | -3.03 | 2.29 |
2019 - Monthly Performance (%) | |||||||||||||||||||
Jan | Feb | Mar | Q1 | Apr | May | Jun | Q2 | 1H | Jul | Aug | Sep | Q3 | Oct | Nov | Dec | Q4 | 2H | 2019 | |
Price | 12.13 | 3.69 | 0.92 | 17.33 | 2.84 | -6.37 | 6.41 | 2.45 | 20.21 | 0.84 | -2.91 | 2.72 | 0.57 | 1.88 | 0.90 | 3.72 | 6.62 | 7.23 | 28.91 |
NAV | 8.80 | 2.82 | 1.36 | 13.40 | 2.93 | -6.07 | 6.06 | 2.54 | 16.28 | -0.14 | -2.25 | 2.03 | -0.40 | 1.96 | 1.36 | 3.58 | 7.04 | 6.62 | 23.97 |
Difference | -3.33 | -0.87 | 0.45 | -3.94 | 0.10 | 0.30 | -0.35 | 0.09 | -3.93 | -0.98 | 0.66 | -0.69 | -0.97 | 0.07 | 0.46 | -0.14 | 0.42 | -0.62 | -4.93 |
2018 - Monthly Performance (%) | |||||||||||||||||||
Jan | Feb | Mar | Q1 | Apr | May | Jun | Q2 | 1H | Jul | Aug | Sep | Q3 | Oct | Nov | Dec | Q4 | 2H | 2018 | |
Price | 5.84 | -3.99 | -1.84 | -0.26 | 1.37 | -0.29 | -0.87 | 0.19 | -0.07 | 3.49 | 0.76 | -0.84 | 3.40 | -10.57 | 2.98 | -7.41 | -14.73 | -11.83 | -11.89 |
NAV | 5.57 | -4.64 | -1.26 | -0.59 | 0.50 | -0.03 | -1.01 | -0.54 | -1.13 | 3.82 | 0.41 | -0.76 | 3.45 | -7.69 | 1.75 | -6.00 | -11.71 | -8.66 | -9.69 |
Difference | -0.26 | -0.65 | 0.58 | -0.33 | -0.87 | 0.26 | -0.14 | -0.73 | -1.06 | 0.33 | -0.35 | 0.08 | 0.05 | 2.88 | -1.23 | 1.40 | 3.02 | 3.17 | 2.20 |
2017 - Monthly Performance (%) | |||||||||||||||||||
Jan | Feb | Mar | Q1 | Apr | May | Jun | Q2 | 1H | Jul | Aug | Sep | Q3 | Oct | Nov | Dec | Q4 | 2H | 2017 | |
Price | 4.06 | 3.53 | 2.58 | 10.51 | 3.46 | 2.17 | 0.87 | 6.63 | 17.84 | 2.81 | -0.64 | 3.41 | 5.64 | 0.93 | -0.39 | 2.17 | 2.72 | 8.52 | 27.87 |
NAV | 2.83 | 2.82 | 1.73 | 7.55 | 1.77 | 1.92 | 0.72 | 4.47 | 12.36 | 2.73 | 0.25 | 1.64 | 4.67 | 1.45 | 1.13 | 0.96 | 3.57 | 8.41 | 21.81 |
Difference | -1.23 | -0.71 | -0.86 | -2.96 | -1.69 | -0.25 | -0.16 | -2.16 | -5.48 | -0.08 | 0.88 | -1.78 | -0.97 | 0.52 | 1.51 | -1.21 | 0.85 | -0.10 | -6.07 |
2016 - Monthly Performance (%) | |||||||||||||||||||
Jan | Feb | Mar | Q1 | Apr | May | Jun | Q2 | 1H | Jul | Aug | Sep | Q3 | Oct | Nov | Dec | Q4 | 2H | 2016 | |
Price | -6.97 | -0.12 | 8.34 | 0.67 | 2.20 | 0.78 | 1.02 | 4.05 | 4.75 | 5.30 | 0.50 | -0.86 | 4.92 | -2.64 | 0.84 | 1.69 | -0.16 | 4.75 | 9.72 |
NAV | -5.12 | -0.81 | 7.13 | 0.83 | 1.41 | 0.85 | 0.47 | 2.76 | 3.61 | 4.02 | 0.04 | -0.05 | 4.02 | -1.73 | 0.44 | 1.45 | 0.14 | 4.16 | 7.93 |
Difference | 1.85 | -0.69 | -1.20 | 0.16 | -0.79 | 0.07 | -0.55 | -1.29 | -1.14 | -1.27 | -0.46 | 0.81 | -0.90 | 0.91 | -0.40 | -0.23 | 0.31 | -0.58 | -1.80 |
2015 - Monthly Performance (%) | |||||||||||||||||||
Jan | Feb | Mar | Q1 | Apr | May | Jun | Q2 | 1H | Jul | Aug | Sep | Q3 | Oct | Nov | Dec | Q4 | 2H | 2015 | |
Price | 0.98 | 5.66 | -1.33 | 5.27 | 2.03 | 0.36 | -3.71 | -1.40 | 3.80 | -2.46 | -7.92 | -4.27 | -14.02 | 9.20 | -1.89 | -2.13 | 4.86 | -9.84 | -6.42 |
NAV | 0.34 | 4.68 | -0.87 | 4.12 | 2.44 | 0.08 | -2.42 | 0.04 | 4.16 | -0.97 | -6.30 | -3.97 | -10.89 | 7.60 | -1.58 | -2.88 | 2.84 | -8.36 | -4.54 |
Difference | -0.63 | -0.98 | 0.46 | -1.15 | 0.41 | -0.28 | 1.29 | 1.44 | 0.37 | 1.49 | 1.61 | 0.30 | 3.13 | -1.60 | 0.30 | -0.75 | -2.01 | 1.49 | 1.88 |
2014 - Monthly Performance (%) | |||||||||||||||||||
Jan | Feb | Mar | Q1 | Apr | May | Jun | Q2 | 1H | Jul | Aug | Sep | Q3 | Oct | Nov | Dec | Q4 | 2H | 2014 | |
Price | -3.30 | 4.55 | 1.21 | 2.33 | 0.85 | 2.87 | 2.03 | 5.86 | 8.32 | -0.56 | 1.98 | -3.56 | -2.20 | 0.85 | 0.94 | -2.42 | -0.67 | -2.86 | 5.22 |
NAV | -2.64 | 4.10 | 1.32 | 2.70 | 0.54 | 2.43 | 2.31 | 5.36 | 8.21 | -1.15 | 2.65 | -3.80 | -2.38 | 1.48 | 0.51 | -2.14 | -0.18 | -2.56 | 5.43 |
Difference | 0.66 | -0.44 | 0.11 | 0.37 | -0.31 | -0.44 | 0.27 | -0.49 | -0.11 | -0.59 | 0.67 | -0.24 | -0.18 | 0.64 | -0.43 | 0.28 | 0.49 | 0.30 | 0.21 |
2013 - Monthly Performance (%) | |||||||||||||||||||
Jan | Feb | Mar | Q1 | Apr | May | Jun | Q2 | 1H | Jul | Aug | Sep | Q3 | Oct | Nov | Dec | Q4 | 2H | 2013 | |
Price | 7.68 | 0.25 | 2.27 | 10.40 | 1.20 | 0.51 | -3.38 | -1.73 | 8.49 | 3.58 | -3.40 | 3.49 | 3.56 | 4.45 | 0.09 | 2.05 | 6.69 | 10.48 | 19.86 |
NAV | 5.27 | 0.00 | 1.85 | 7.22 | 2.19 | -0.23 | -3.76 | -1.87 | 5.22 | 4.46 | -2.72 | 4.75 | 6.45 | 3.67 | 0.70 | 1.17 | 5.62 | 12.43 | 18.30 |
Difference | -2.41 | -0.25 | -0.42 | -3.18 | 0.99 | -0.73 | -0.38 | -0.15 | -3.28 | 0.88 | 0.67 | 1.26 | 2.89 | -0.78 | 0.61 | -0.88 | -1.06 | 1.95 | -1.57 |
2012 - Monthly Performance (%) | |||||||||||||||||||
Jan | Feb | Mar | Q1 | Apr | May | Jun | Q2 | 1H | Jul | Aug | Sep | Q3 | Oct | Nov | Dec | Q4 | 2H | 2012 | |
Price | 9.35 | 4.76 | -0.17 | 14.36 | 0.28 | -8.13 | 3.37 | -4.78 | 8.90 | 1.96 | 2.24 | 3.78 | 8.18 | -1.07 | -0.89 | 2.55 | 0.55 | 8.78 | 18.46 |
NAV | 5.89 | 4.25 | 0.12 | 10.53 | -0.12 | -8.20 | 3.37 | -5.22 | 4.76 | 2.06 | 1.74 | 3.11 | 7.07 | -0.14 | 0.39 | 2.31 | 2.57 | 9.81 | 15.04 |
Difference | -3.45 | -0.51 | 0.29 | -3.83 | -0.40 | -0.07 | 0.00 | -0.45 | -4.14 | 0.10 | -0.50 | -0.67 | -1.11 | 0.93 | 1.28 | -0.24 | 2.01 | 1.04 | -3.42 |
Performance Chart
Discount
Characteristics
PORTFOLIO Weighted Average Data |
||||
---|---|---|---|---|
Discount -13.05% |
1Yr Disc -11.51% |
3Yr Disc -8.06% |
5Yr Disc -8.40% |
Rel Disc Range (3yr) 15.12% |
Mkt Yield 8.05% |
Lev Adj NAV Yield 6.88% |
After Tax Yield* 7.23% |
Est Tax Friction* 0.82% |
3Yr NAV Volatiliy 18.13 |
1 Yr RoC 47.08% |
3 Yr Dest RoC 32.45% |
Leverage 5.18% |
Non Lev Exp Ratio 1.19% |
Beta (2yr) 0.80 |
Equity Exposure 91.77% |
Bond Exposure 5.01% |
# Holdings 33 |
Cash Weighted Duration 0.06 |
|
Comp NAV TR 2.09% |
Comp Discount -8.36% |
Net Assets (M) 1,000 |
Liquidity - 90d (K) 2,197 |
|
* Based on marginal tax rates of 25% and long-term capital gains rates of 15%. |
Asset Allocation
Constituents
33 Funds
Ticker | Name | Sponsor | Allocation | Discount | Market Yield | RoC(1yr) | Leverage | Net Assets | Liquidity (90d) |
---|---|---|---|---|---|---|---|---|---|
ADX | Adams Divr Eq Fd | Adams Funds | 3.04 | -14.45 | 5.16 | 0.00 | 0.00 | 2,696 | 3,184 |
AGD | abrdn Glbl Dyn Div Fd | abrdn | 3.04 | -14.27 | 8.43 | 31.41 | 0.33 | 268 | 536 |
AOD | abrdn Tot Dyn Div Fd | abrdn | 3.05 | -15.56 | 8.77 | 34.33 | 2.57 | 983 | 2,261 |
ASG | Liberty All-Star Gwth Fd | ALPS | 2.94 | -9.14 | 9.47 | 25.00 | 0.00 | 330 | 1,542 |
BGY | BR Enh Intl DivTr | BlackRock | 3.00 | -14.31 | 7.79 | 70.59 | 0.00 | 610 | 1,062 |
BIGZ | BR Innovation & Gwth Trm Tr | BlackRock | 2.80 | -16.55 | 7.51 | 100.00 | 0.00 | 1,912 | 5,128 |
BSTZ | BR Sci & Tech Trm Tr | BlackRock | 2.83 | -16.04 | 7.30 | 93.28 | 0.00 | 1,556 | 4,810 |
CAF | MS China A Shr Fd | Morgan Stanley | 3.23 | -19.02 | 1.01 | 0.00 | 0.00 | 258 | 783 |
CET | Cntrl Sec Corp | Central Securities | 3.10 | -17.82 | 4.55 | 0.00 | 0.00 | 1,405 | 1,539 |
CLM | Cornerstone Stgc Val Fd | Cornerstone | 3.08 | 8.43 | 18.10 | 49.87 | 0.00 | 1,575 | 10,336 |
CRF | Cornerstone Tot Rtn Fd | Cornerstone | 3.10 | 14.33 | 17.14 | 44.92 | 0.00 | 707 | 4,957 |
EOD | Allspring Glbl Div Opp Fd | Allspring | 3.04 | -15.21 | 9.69 | 0.00 | 18.00 | 227 | 653 |
ETG | EV Tx-Adv Glbl Div Incm Fd | Eaton Vance | 3.02 | -11.94 | 9.03 | 3.70 | 19.80 | 1,492 | 2,156 |
ETO | EV Tx-Adv Glbl Div Opp Fd | Eaton Vance | 3.06 | -9.51 | 8.74 | 0.00 | 19.20 | 431 | 659 |
EVT | EV Tx-Adv Div Incm Fd | Eaton Vance | 3.05 | -10.71 | 8.81 | 6.44 | 19.70 | 1,872 | 2,689 |
GAB | Gabelli Eq Tr | Gabelli | 3.05 | 0.38 | 11.34 | 54.47 | 18.00 | 1,592 | 3,265 |
GAM | General American Invstr | General American Inv | 3.10 | -19.01 | 5.89 | 0.00 | 13.35 | 1,318 | 824 |
GDV | Gabelli Div & Incm Tr | Gabelli | 3.03 | -16.57 | 6.01 | 23.39 | 12.00 | 2,369 | 3,685 |
HGLB | Highland Glbl Alloc Fd | NexPoint | 2.98 | -37.36 | 13.67 | 0.00 | 3.11 | 257 | 515 |
IFN | India Fund | abrdn | 2.78 | -2.82 | 9.58 | 0.00 | 0.00 | 567 | 3,664 |
IGD | Voya Glbl Eq Div & Prm Opp | Voya | 3.07 | -12.44 | 11.67 | 70.75 | 0.00 | 463 | 1,081 |
IIF | MS India Inv Fd | Morgan Stanley | 3.20 | -19.57 | 7.08 | 0.00 | 0.00 | 284 | 938 |
JCE | Nuv Core Eq Alpha Fd | Nuveen | 3.13 | -1.95 | 9.43 | 85.68 | 0.00 | 223 | 643 |
LGI | Lzrd Glbl Tot Rtn & Incm Fd | Lazard | 2.95 | -14.49 | 8.31 | 72.22 | 29.26 | 230 | 603 |
MXF | Mexico Fund | Impulsora del | 2.97 | -20.84 | 4.94 | 7.21 | 0.00 | 333 | 493 |
NBXG | NB Nxt Gen Connectivity Fd | Neuberger Berman | 3.12 | -14.30 | 10.54 | 91.67 | 0.00 | 1,047 | 2,865 |
RMT | Royce Micro-Cap Tr | Franklin Templeton | 2.95 | -12.82 | 6.87 | 42.93 | 0.38 | 500 | 986 |
RVT | Royce Val Tr | Franklin Templeton | 2.95 | -12.52 | 7.69 | 4.71 | 1.87 | 1,823 | 3,287 |
STEW | SRH Tot Rtn Fd | Paralel Advisors | 3.08 | -22.49 | 3.82 | 33.55 | 11.77 | 1,805 | 1,077 |
TDF | Tmp Dragon Fd | Franklin Templeton | 3.20 | -16.53 | 0.00 | N/A | 0.00 | 239 | 445 |
TWN | Taiwan Fund | Nomura | 3.07 | -17.18 | 1.17 | 0.00 | 0.00 | 323 | 729 |
TY | Tri-Cont Corp | Columbia Mngmt | 3.07 | -12.26 | 3.46 | 0.00 | 2.20 | 1,766 | 1,186 |
USA | Liberty All-Star Eq Fd | ALPS | 2.95 | -0.90 | 10.84 | 0.00 | 0.00 | 1,873 | 5,321 |