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07. Taxable Bond & BDC Index

Data as of

About the Index

Funds need to have 90-day average trading dollar ($) liquidity over $500K and then ranked the top 50% of the constituent funds by their respective 90-day average trade liquidity (with a minimum of 2 funds per group; if needed, a lower average trading’s liquidity may be used) for the 13 groupings of CEFs according to CEFData.com: (1) Build America Bond (taxable municipals or BABs), (2) Convertible Bonds, (3) Emerging Market Income, (4) Global Income, (5) High Yield, (6) Investment Grade, (7) Limited Duration, (8) Senior Loan, (9) Mortgage, (10) Multi-Sector, (11) Preferred, (12) US Government Bonds, (13) Debt-Focused Business Development Companies (BDCs). We will combine levered and non-levered groupings to create one larger grouping. Each sector is then equal weighted into the index. The index constituents will be rebalanced each quarter. We manually have removed DXYZ from firm benchmarks.

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 1,702.28 0.11 -0.36 3.49 11.22 5.96 11.04 11.69 7.77 6.75 0.72 0.72 6.70
NAV 1,578.39 0.13 -0.50 1.93 6.70 5.47 10.70 9.49 5.92 5.27 0.05 0.05 5.93
Difference 0.03 -0.13 -1.56 -4.53 -0.49 -0.34 -2.19 -1.85 -1.47 -0.66 -0.66 -0.77
* Periods greater than 1 Year are annualized.      ** On Inception Date (Dec. 30, 2016), Index Price was $1,000 and NAV was $1,000.04
2025 - Monthly Performance (%)
Jan Feb Mar Q1 Apr May Jun Q2 1H Jul Aug Sep Q3 Oct Nov Dec Q4 2H 2025
Price 2.90 0.50 -1.20 2.17 -1.97 2.70 2.99 3.68 5.94 - - - - - - - - - -
NAV 1.67 0.66 -0.86 1.47 0.06 1.90 2.33 4.34 5.87 - - - - - - - - - -
Difference -1.23 0.16 0.34 -0.71 2.04 -0.80 -0.66 0.66 -0.07 - - - - - - - - - -
2024 - Monthly Performance (%)
Jan Feb Mar Q1 Apr May Jun Q2 1H Jul Aug Sep Q3 Oct Nov Dec Q4 2H 2024
Price 2.40 1.49 2.30 6.32 -2.26 3.34 1.18 2.19 8.65 3.14 1.90 2.44 7.66 -1.67 2.41 -1.94 -1.25 6.32 15.52
NAV 0.42 0.59 1.51 2.55 -1.14 1.65 0.60 1.10 3.67 2.10 1.66 2.09 5.96 -0.78 1.65 -0.88 -0.04 5.92 9.82
Difference -1.98 -0.90 -0.79 -3.77 1.12 -1.68 -0.58 -1.09 -4.98 -1.04 -0.24 -0.35 -1.70 0.89 -0.77 1.06 1.21 -0.40 -5.71
2023 - Monthly Performance (%)
Jan Feb Mar Q1 Apr May Jun Q2 1H Jul Aug Sep Q3 Oct Nov Dec Q4 2H 2023
Price 9.16 -2.38 -3.32 3.02 1.18 -1.73 3.68 3.10 6.21 3.41 -1.39 -3.08 -1.16 -2.57 6.98 3.67 8.06 6.80 13.43
NAV 4.81 -2.09 -0.15 2.47 0.82 -0.91 1.98 1.88 4.39 1.89 -0.85 -1.41 -0.40 -1.81 5.24 3.95 7.42 6.99 11.68
Difference -4.34 0.29 3.17 -0.55 -0.37 0.81 -1.70 -1.22 -1.82 -1.53 0.55 1.67 0.76 0.76 -1.74 0.28 -0.64 0.19 -1.74
2022 - Monthly Performance (%)
Jan Feb Mar Q1 Apr May Jun Q2 1H Jul Aug Sep Q3 Oct Nov Dec Q4 2H 2022
Price -4.25 -3.06 -0.45 -7.60 -5.50 -1.32 -5.63 -11.99 -18.68 6.64 -1.43 -11.26 -6.73 3.45 7.10 -3.67 6.73 -0.45 -19.04
NAV -2.11 -1.73 -1.05 -4.82 -3.82 -1.25 -5.21 -9.97 -14.31 4.07 -1.28 -5.69 -3.11 0.52 3.93 -0.15 4.31 1.07 -13.40
Difference 2.14 1.33 -0.60 2.78 1.67 0.07 0.41 2.01 4.37 -2.57 0.15 5.57 3.62 -2.93 -3.17 3.52 -2.42 1.51 5.64
2021 - Monthly Performance (%)
Jan Feb Mar Q1 Apr May Jun Q2 1H Jul Aug Sep Q3 Oct Nov Dec Q4 2H 2021
Price 0.40 1.61 2.12 4.18 2.87 2.32 1.51 6.85 11.32 0.94 0.67 -2.18 -0.61 2.27 -2.03 0.30 0.50 -0.11 11.19
NAV 0.84 0.29 -0.35 0.78 1.78 0.96 1.05 3.84 4.65 0.62 0.84 -0.61 0.85 0.33 -1.00 1.17 0.50 1.35 6.06
Difference 0.44 -1.32 -2.47 -3.40 -1.09 -1.36 -0.46 -3.01 -6.67 -0.31 0.17 1.57 1.45 -1.94 1.04 0.87 -0.00 1.46 -5.13
2020 - Monthly Performance (%)
Jan Feb Mar Q1 Apr May Jun Q2 1H Jul Aug Sep Q3 Oct Nov Dec Q4 2H 2020
Price 1.75 -6.93 -19.29 -23.58 8.18 6.27 1.77 16.99 -10.59 4.10 1.74 -1.74 4.07 -0.92 9.86 3.17 12.30 16.87 4.49
NAV 1.23 -1.20 -16.32 -16.31 5.10 3.68 2.77 11.99 -6.28 3.65 1.99 -0.55 5.13 0.17 5.17 2.60 8.08 13.62 6.49
Difference -0.52 5.73 2.97 7.26 -3.08 -2.58 1.00 -5.00 4.31 -0.45 0.25 1.18 1.06 1.09 -4.69 -0.57 -4.22 -3.24 2.00
2019 - Monthly Performance (%)
Jan Feb Mar Q1 Apr May Jun Q2 1H Jul Aug Sep Q3 Oct Nov Dec Q4 2H 2019
Price 8.77 2.17 0.80 12.02 1.75 -0.72 3.21 4.25 16.79 1.93 -0.77 1.29 2.45 0.96 0.78 2.23 4.02 6.57 24.46
NAV 4.22 1.21 0.93 6.46 1.28 -0.10 2.30 3.51 10.19 1.00 -0.28 0.38 1.10 0.59 0.29 1.98 2.88 4.01 14.62
Difference -4.55 -0.96 0.13 -5.57 -0.46 0.63 -0.91 -0.74 -6.60 -0.93 0.49 -0.91 -1.36 -0.37 -0.49 -0.24 -1.13 -2.56 -9.84
2018 - Monthly Performance (%)
Jan Feb Mar Q1 Apr May Jun Q2 1H Jul Aug Sep Q3 Oct Nov Dec Q4 2H 2018
Price -0.16 -1.29 0.62 -0.84 0.80 0.31 -0.15 0.96 0.11 1.98 0.88 -0.82 2.03 -5.03 -0.47 -2.97 -8.28 -6.42 -6.32
NAV 0.93 -0.88 0.15 0.19 0.04 -0.23 -0.10 -0.28 -0.09 1.34 -0.08 0.52 1.78 -1.64 -0.61 -1.48 -3.69 -1.98 -2.06
Difference 1.09 0.41 -0.46 1.04 -0.76 -0.54 0.05 -1.24 -0.19 -0.65 -0.96 1.34 -0.25 3.38 -0.13 1.48 4.59 4.45 4.26
2017 - Monthly Performance (%)
Jan Feb Mar Q1 Apr May Jun Q2 1H Jul Aug Sep Q3 Oct Nov Dec Q4 2H 2017
Price 2.86 2.17 -0.32 4.75 2.20 0.62 0.83 3.68 8.61 2.09 -0.63 0.97 2.44 -0.45 -1.08 1.33 -0.21 2.22 11.02
NAV 1.42 1.61 0.25 3.32 1.28 0.96 0.57 2.84 6.25 1.39 0.67 0.54 2.61 0.65 0.24 0.59 1.49 4.14 10.65
Difference -1.43 -0.55 0.57 -1.43 -0.92 0.34 -0.25 -0.85 -2.36 -0.70 1.29 -0.43 0.18 1.09 1.32 -0.74 1.70 1.92 -0.37
2016 - Monthly Performance (%)
Jan Feb Mar Q1 Apr May Jun Q2 1H Jul Aug Sep Q3 Oct Nov Dec Q4 2H 2016
Price -1.47 0.44 6.33 5.23 2.79 0.55 2.43 5.86 11.39 4.38 1.82 -0.67 5.58 -1.82 -1.42 2.74 -0.57 4.97 16.93
NAV -0.98 -0.69 3.41 1.69 2.45 0.54 1.27 4.31 6.07 2.61 1.17 0.85 4.70 0.16 -1.74 1.33 -0.27 4.42 10.77
Difference 0.50 -1.13 -2.92 -3.53 -0.34 -0.01 -1.16 -1.55 -5.32 -1.77 -0.65 1.52 -0.88 1.99 -0.31 -1.41 0.31 -0.55 -6.16
2015 - Monthly Performance (%)
Jan Feb Mar Q1 Apr May Jun Q2 1H Jul Aug Sep Q3 Oct Nov Dec Q4 2H 2015
Price 1.59 1.51 -0.71 2.39 1.77 -1.19 -3.77 -3.23 -0.92 -1.43 -2.33 -2.65 -6.29 4.69 -0.98 -0.73 2.90 -3.57 -4.46
NAV 1.08 1.14 -0.25 1.98 1.21 0.07 -1.28 -0.02 1.96 -0.15 -1.63 -1.73 -3.48 1.77 -0.48 -2.07 -0.82 -4.28 -2.40
Difference -0.51 -0.37 0.46 -0.41 -0.57 1.26 2.49 3.21 2.88 1.28 0.70 0.92 2.80 -2.92 0.50 -1.34 -3.72 -0.71 2.06
2014 - Monthly Performance (%)
Jan Feb Mar Q1 Apr May Jun Q2 1H Jul Aug Sep Q3 Oct Nov Dec Q4 2H 2014
Price 1.98 2.92 0.23 5.20 2.06 1.69 1.52 5.37 10.85 -2.51 1.76 -3.18 -3.95 1.08 0.29 -2.48 -1.14 -5.04 5.26
NAV 1.69 1.85 0.86 4.47 1.23 1.77 0.91 3.96 8.60 -0.27 1.17 -1.94 -1.07 0.90 0.12 -2.04 -1.04 -2.10 6.32
Difference -0.29 -1.07 0.63 -0.74 -0.84 0.07 -0.61 -1.41 -2.25 2.24 -0.59 1.24 2.88 -0.19 -0.17 0.44 0.10 2.95 1.06
2013 - Monthly Performance (%)
Jan Feb Mar Q1 Apr May Jun Q2 1H Jul Aug Sep Q3 Oct Nov Dec Q4 2H 2013
Price 3.36 1.06 0.36 4.83 1.70 -4.89 -3.10 -6.27 -1.74 -1.04 -2.42 2.06 -1.44 2.38 -1.53 0.76 1.58 0.12 -1.63
NAV 1.86 0.47 0.84 3.20 1.97 -1.28 -3.32 -2.68 0.44 1.20 -1.18 1.61 1.61 2.04 0.01 -0.24 1.81 3.45 3.90
Difference -1.51 -0.59 0.49 -1.63 0.27 3.61 -0.22 3.59 2.18 2.23 1.24 -0.45 3.06 -0.34 1.54 -1.00 0.22 3.33 5.53
2012 - Monthly Performance (%)
Jan Feb Mar Q1 Apr May Jun Q2 1H Jul Aug Sep Q3 Oct Nov Dec Q4 2H 2012
Price 5.95 2.17 -0.50 7.71 1.27 -1.32 2.95 2.88 10.81 3.40 1.88 1.62 7.05 -0.09 0.12 0.14 0.16 7.22 18.81
NAV 3.52 2.17 0.22 6.00 1.10 -1.25 1.58 1.42 7.50 2.54 1.31 1.96 5.92 1.06 0.74 1.03 2.85 8.94 17.11
Difference -2.43 0.00 0.72 -1.71 -0.18 0.08 -1.36 -1.46 -3.30 -0.86 -0.57 0.34 -1.13 1.15 0.63 0.89 2.69 1.71 -1.70

Performance Chart

Discount

Characteristics

PORTFOLIO
Weighted Average Data
Discount
0.04%
1Yr Disc
-0.10%
3Yr Disc
-2.60%
5Yr Disc
-2.12%
Rel Disc Range (3yr)
67.86%
Mkt Yield
10.44%
Lev Adj NAV Yield
8.09%
After Tax Yield*
8.38%
Est Tax Friction*
2.06%
3Yr NAV Volatiliy
7.20
1 Yr RoC
24.69%
3 Yr Dest RoC
7.88%
Leverage
29.93%
Non Lev Exp Ratio
1.69%
Beta (2yr)
0.64
Equity Exposure
3.56%
Bond Exposure
92.43%
# Holdings
72
Cash Weighted Duration
3.72
Comp NAV TR
0.42%
Comp Discount
1.46%
Net Assets (M)
1,016
Liquidity - 90d (K)
4,071
* 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


72 Funds

Ticker Name Sponsor Allocation Discount Market Yield RoC(1yr) Leverage Net Assets Liquidity (90d)
CHY Calamos Convt & Hi Incm Fd Calamos 2.23 0.28 11.03 57.08 34.93 861 2,457
CHI Calamos Convt Opp & Incm Calamos 2.24 1.85 10.90 56.70 34.62 797 2,156
AVK Advent Convt & Incm Fd Guggenheim Funds 2.26 -4.42 11.60 70.10 38.75 560 1,679
CCD Calamos Dyn Convt & Incm Fd Calamos 2.28 2.83 11.49 46.81 34.32 537 1,663
EMD WA Emrg Mkt Dbt Fd Franklin Templeton 3.05 -5.44 11.30 23.67 27.06 620 1,692
EDD MS Emrg Mkt Dom Dbt Morgan Stanley 3.08 -5.87 9.36 0.00 12.11 351 1,339
TEI Tmp Emrg Mkt Incm Fd Franklin Templeton 3.05 -3.94 9.36 5.24 17.80 299 1,071
FAX abrdn Asia-Pacific Incm Fd abrdn 3.01 -4.20 12.41 42.98 38.08 687 2,109
PPT Putnam Prmr Incm Tr Putnam 2.98 -4.46 8.57 23.45 0.00 364 713
JGH Nuv Glbl Hi Incm Fd Nuveen 3.04 -5.19 9.57 6.07 28.80 317 608
HYT BR Corp Hi Yld Fd BlackRock 0.90 0.73 9.64 19.29 22.98 1,544 6,077
ACP abrdn Incm Cr Stgs Fd abrdn 0.91 -2.61 15.60 36.89 27.98 768 3,346
DLY DbLin Yld Opp Fd Doubleline 0.89 -2.29 9.10 4.44 15.80 764 2,157
KIO KKR Incm Opp Fd KKR Credit 0.91 -1.86 11.53 0.00 30.61 526 2,634
DSU BR Dbt Stgs Fd BlackRock 0.90 1.94 11.25 27.42 17.95 576 2,196
GHY PGIM Glbl Hi Yld Fd Prudential 0.87 -0.69 9.74 31.60 15.64 533 1,883
CIK CS Ast Mgmt Incm Fd Credit Suisse 0.90 1.03 9.15 4.40 28.35 160 1,592
HIO WA Hi Incm Opp Fd Franklin Templeton 0.92 -1.48 10.65 18.69 0.00 386 1,196
HIX WA Hi Incm Fd II Franklin Templeton 0.92 -0.46 13.55 17.88 32.14 393 1,396
ISD PGIM Hi Yld Bnd Fd Prudential 0.90 0.36 8.97 30.27 18.93 466 1,401
PTY PIMCO Corp & Incm Opp Fd PIMCO 3.01 18.85 10.32 12.58 14.77 2,197 9,100
PCN PIMCO Corp & Incm Stgy Fd PIMCO 3.00 7.00 10.77 9.65 6.97 775 3,186
WIW WA Inf-Lnk Opp & Incm Fd Franklin Templeton 3.02 -9.65 8.52 3.81 28.64 596 1,838
EVV EV Ltd Dur Incm Fd Eaton Vance 4.50 -2.01 8.62 23.43 40.80 1,213 2,067
BLW BR Ltd Dur Incm Tr BlackRock 4.48 1.22 9.64 17.28 38.62 537 1,092
FSCO FS Cr Opp Corp FS/KKR 1.12 -2.17 11.28 0.00 32.32 1,462 5,624
JQC Nuv Cr Stgs Incm Fd Nuveen 1.15 -3.89 11.91 17.59 37.12 837 4,519
JFR Nuv Flt Rt Incm Fd Nuveen 1.14 -3.86 12.04 12.69 34.96 1,418 4,349
VVR Invsc Sr Incm Tr Invesco 1.12 1.08 12.13 11.83 33.82 571 2,056
XFLT XAI Octgn Flt Rt & Alt Incm Tr XA Investments 1.13 -7.93 15.08 0.00 37.89 461 2,217
BGB Blackstone Stgc Cr 2027 Trm Fd Blackstone 1.15 -3.21 8.63 0.00 37.30 571 1,666
FRA BR Flt Rt Incm Stgc Fd BlackRock 1.13 5.70 11.28 28.10 22.86 441 1,433
BGT BR Flt Rt Incm Fd BlackRock 1.12 2.38 11.59 28.94 18.71 337 1,765
BKT BR Incm Tr BlackRock 4.44 -0.94 9.15 55.34 17.38 284 853
OPP RiverNorth DbLin Stgc Opp Fd RiverNorth 4.46 -3.98 13.51 27.46 36.90 209 655
PDI PIMCO Dyn Incm Fd PIMCO 0.91 12.96 13.99 16.93 34.08 6,441 32,810
GOF Gghm Stgc Opp Fd Guggenheim Funds 0.90 30.39 14.68 60.36 13.68 2,046 12,518
PDO PIMCO Dyn Incm Opp Fd PIMCO 0.90 3.09 11.51 8.76 35.87 1,694 5,388
DSL DbLin Incm Solutions Fd Doubleline 0.89 -0.74 10.97 12.80 21.17 1,384 4,139
PAXS PIMCO Access Incm Fd PIMCO 0.91 -0.73 11.91 6.91 39.89 691 3,279
PHK PIMCO Hi Incm Fd PIMCO 0.91 4.37 12.05 10.47 9.62 791 2,545
WDI WA Divr Incm Fd Franklin Templeton 0.92 0.00 11.95 0.00 32.30 772 2,484
BTZ BR Cr Alloc Incm Tr BlackRock 0.90 -3.47 9.28 28.83 35.67 1,049 2,172
PFN PIMCO Incm Stgy Fd II PIMCO 0.91 5.26 11.63 9.77 15.50 660 2,016
RA Brkf Real Ast Incm Fd Brookfield 0.90 -7.91 10.67 9.44 24.19 796 2,151
JPC Nuv Pref & Incm Opp Fd Nuveen 1.52 1.51 9.91 14.32 36.94 2,562 6,208
FPF FT Imd Dur Pref & Incm Fd First Trust 1.52 -1.61 8.73 23.56 34.49 1,169 2,185
PTA Tx-Adv Pref Sec Pref Sec & Incm Fd Cohen&Steers 1.52 -3.24 8.03 13.29 35.00 1,144 1,849
FFC F&C Pref Sec Incm Fd Flaherty & Crumrine 1.54 -3.88 6.78 0.00 37.80 833 1,664
PDT JH Prm Div Fd John Hancock 1.50 -3.45 7.52 11.13 36.03 671 1,549
LDP C&S Ltd Dur Pref & Incm Fd Cohen&Steers 1.52 -3.45 7.40 4.64 33.00 640 1,216
ARCC Ares Capital Corp Ares 0.46 17.31 8.26 0.00 49.16 13,669 92,054
OBDC Blue Owl Cap Corp Blue Owl 0.46 -0.26 9.80 0.00 55.29 7,737 37,295
BXSL Blackstone Secur Lending Fd Blackstone 0.45 18.47 9.49 0.00 52.85 6,245 28,624
MAIN Main Street Cap Corp Main Street Capital 0.47 102.37 4.72 0.00 42.73 2,852 34,030
FSK FS KKR Capital Corp FS/KKR 0.48 -3.81 11.39 0.00 53.70 6,545 26,346
HTGC Hercules Capital Hercules 0.46 68.23 8.23 0.00 49.03 2,026 22,296
GBDC Golub Capital BDC Golub Capital 0.45 2.93 10.08 0.00 54.00 4,006 20,668
CSWC Cap Southwest Corp Capital Southwest 0.45 39.22 9.98 0.00 50.78 884 12,699
TSLX Sixth St Splty Lending Sixth St Splty Lending 0.45 47.30 7.33 0.00 52.73 1,601 12,444
PFLT PennantPark Flt Rt Cap PennantPark 0.46 -2.26 11.37 0.00 55.25 1,098 9,121
PSEC Prospect Capital Corp Prospect Capital 0.46 -52.83 15.79 0.00 52.32 3,274 10,050
OCSL Oaktree Splty Lending Oaktree Capital 0.46 -12.36 10.90 0.00 47.04 1,475 9,208
TRIN Trinity Capital Trinity Capital 0.47 14.71 13.63 0.00 51.63 844 10,335
MSDL MS Direct Lending Fd MS Cap Patnr Advis 0.45 -5.13 10.21 0.00 51.35 1,800 7,745
GSBD Goldman Sachs BDC Goldman Sachs 0.46 -9.39 10.70 0.00 53.31 1,548 7,794
CGBD Carlyle Secured Lending Carlyle 0.46 -14.85 11.30 0.00 49.69 1,212 5,811
MFIC MidCap Fin Invt Corp Apollo 0.46 -9.91 11.30 0.00 57.87 1,393 4,987
NMFC New Mountain Fin Corp New Mountain Capital 0.44 -13.09 11.83 0.00 56.44 1,343 4,531
BCSF Bain Cap Splty Fin BCSF Advisors 0.45 -10.71 10.67 0.00 54.92 1,144 4,159
TCPC BR TCP Capital Corp BlackRock 0.44 -14.60 12.76 0.00 58.25 781 3,981
BBDC Barings BDC Barings 0.46 -14.08 10.72 0.00 54.30 1,188 4,074

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.

© Closed-End Fund Advisors Inc.(CEFadvisors) and CEFdata.com 2019. All rights reserved. Any copying, republication or redistribution of CEFadvisors, CEFdata.com, content, including by caching, framing or similar means, is expressly prohibited without the prior written consent of CEFAdvisors. CEFAdvisors shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon.

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