Active Investment Company Alliance (AICA)
Active Investment Company Alliance
The Active Investment Company Alliance (AICA) will be the premier 501(c)(6) non-profit trade association for listed closed-end funds, business development companies, interval and tender offer funds. Membership will be broad-based globally across fund sponsors (member firm who manages a closed-ended management company, BDC or equivalent), or product sponsors (member firm who manages an investment product: open-end, UIT, ETF, CEF, SMA, LP where the underlying investments are focused on closed-ended management companies, BDC or equivalent).
Average CEF Universe Data
| #Funds | Current Disc/Prm | 10 Yr Avg Disc/Prm | Market Yield | 3 Yr Div Growth | 3 Yr RoC % | Leverage | Net Assets (MM) | 1 Yr Price St. Dev | 3 Yr NAV St. Dev | 90 Day $ Liquidity (M) | 90 Day Volume Trend | 90 Day Price/Nav Corr | Corr to 12 Sectors Index | Beta to S&P 500 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| US / Global Equity CEFs | 89 | -9.17% | -9.01% | 10.45% | 4.32% | 24.29% | 10.99% | $513 | 26.40 | 24.88 | 1319 | 17.93% | 91.10% | 71.40% | 0.80 |
| Sector Equity CEFs | 103 | -5.10% | -4.59% | 8.09% | -12.03% | 34.08% | 17.24% | $699 | 24.37 | 29.52 | 1930 | 16.63% | 93.28% | 74.15% | 0.70 |
| Taxable Bond CEFs | 143 | -6.76% | -4.18% | 10.12% | -1.93% | 18.57% | 28.43% | $379 | 18.17 | 11.53 | 1177 | 9.15% | 85.50% | 69.12% | 0.61 |
| Debt Focused BDCs | 45 | -17.34% | -2.20% | 10.65% | -4.14% | 3.97% | 50.66% | $1286 | 29.00 | 12.09 | 4892 | 22.89% | N/A | 66.47% | 0.69 |
| Municipal (tax-free) CEFs | 114 | -7.46% | -4.04% | 5.22% | -9.98% | 2.51% | 36.16% | $456 | 16.10 | 8.69 | 972 | 17.94% | 94.01% | 65.80% | 1.23 |
| All Listed CEFs/BDCs | 499 | -8.35% | -5.31% | 8.61% | -5.47% | 17.60% | 26.61% | $567 | 21.57 | 17.07 | 1639 | 15.38% | 81.50% | 69.17% | 0.77 |
| 1 Week(%) | 1 Month(%) | 3 Month(%) | 6 Month(%) | 1 Year(%) | 3 Year(%) | 5 Year(%) | 10 Year(%) | QTD(%) | YTD(%) | |||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Price | NAV | Price | NAV | Price | NAV | Price | NAV | Price | NAV | Price | NAV | Price | NAV | Price | NAV | Price | NAV | Price | NAV | |
| US / Global Equity CEFs | 3.47% | 3.07% | -5.99% | -3.84% | -4.74% | -2.73% | -18.02% | -15.56% | -20.84% | -18.94% | 3.00% | 3.13% | 2.58% | 2.81% | 5.85% | 5.87% | 4.98% | 4.56% | -22.57% | -20.18% |
| Sector Equity CEFs | 3.66% | 2.82% | -5.91% | -4.24% | -0.38% | 0.30% | -12.10% | -11.90% | -6.37% | -5.02% | 0.70% | 1.43% | 1.76% | 2.29% | 4.28% | 4.51% | 5.15% | 4.54% | -9.94% | -8.48% |
| Taxable Bond CEFs | 1.80% | 1.46% | -5.71% | -3.44% | -2.90% | -0.30% | -13.30% | -10.75% | -20.72% | -15.26% | -1.72% | -0.52% | 0.44% | 1.28% | 2.55% | 3.75% | 3.37% | 1.92% | -20.70% | -15.05% |
| Debt Focused BDCs | 4.09% | 2.10% | -7.06% | 2.36% | -3.42% | 3.62% | -15.11% | 2.18% | -11.21% | 6.77% | 3.18% | 7.83% | 3.45% | 7.10% | 6.34% | 8.57% | 6.93% | 1.04% | -13.55% | 4.16% |
| Municipal (tax-free) CEFs | 0.36% | 2.22% | -8.03% | -4.55% | -8.74% | -6.26% | -12.42% | -11.05% | -24.44% | -19.01% | -5.28% | -4.07% | -1.21% | -0.12% | 1.02% | 2.37% | 1.66% | 2.12% | -25.44% | -20.15% |
| All Listed CEFs/BDCs | 2.32% | 2.25% | -6.55% | -3.38% | -4.28% | -1.62% | -14.07% | -10.80% | -18.00% | -12.76% | -0.88% | 0.35% | 0.88% | 1.89% | 3.27% | 4.20% | 3.91% | 2.89% | -19.45% | -14.03% |
Press Releases
Barings BDC (BBDC)
10/06/2022 - Conference Call/WebcastThe Company announced it has scheduled a conference call to discuss third quarter 2022 financial and operating results for Friday, November 11, 2022, at... [...]
BR Enh Intl DivTr (BGY)
10/05/2022 - Repurchase ProgramBlackRock Advisors, LLC released share repurchase activity for certain BlackRock closed-end funds (the “Funds”) during the quarter ended September 30, 2022. The Funds have... [...]
BR MuniYld PA Qlty Fd (MPA)
10/05/2022 - Repurchase ProgramBlackRock Advisors, LLC released share repurchase activity for certain BlackRock closed-end funds (the “Funds”) during the quarter ended September 30, 2022. The Funds have... [...]
BR Health Sci Tr II (BMEZ)
10/05/2022 - Repurchase ProgramBlackRock Advisors, LLC released share repurchase activity for certain BlackRock closed-end funds (the “Funds”) during the quarter ended September 30, 2022. The Funds have... [...]
BR Cap Alloc Tr (BCAT)
10/05/2022 - Repurchase ProgramBlackRock Advisors, LLC released share repurchase activity for certain BlackRock closed-end funds (the “Funds”) during the quarter ended September 30, 2022. The Funds have... [...]
BR ESG Cap Alloc Tr (ECAT)
10/05/2022 - Repurchase ProgramBlackRock Advisors, LLC released share repurchase activity for certain BlackRock closed-end funds (the “Funds”) during the quarter ended September 30, 2022. The Funds have... [...]
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