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 | 85 | -12.53% | -9.18% | 8.46% | 1.80% | 27.58% | 10.01% | $546 | 20.34 | 18.95 | 1117 | 4.54% | 84.84% | 74.08% | 0.80 |
| Sector Equity CEFs | 101 | -8.09% | -4.83% | 8.62% | 18.33% | 27.89% | 17.43% | $709 | 20.39 | 17.92 | 1726 | 7.47% | 82.15% | 76.88% | 0.70 |
| Taxable Bond CEFs | 137 | -6.11% | -4.79% | 10.76% | 10.01% | 19.00% | 25.72% | $404 | 16.46 | 7.99 | 1353 | 1.60% | 66.90% | 72.85% | 0.66 |
| Debt Focused BDCs | 43 | -5.99% | -5.77% | 10.65% | 15.43% | 1.94% | 52.15% | $1364 | 29.02 | 7.57 | 6119 | 5.74% | N/A | 65.49% | 0.64 |
| Municipal (tax-free) CEFs | 111 | -13.16% | -4.94% | 4.77% | -26.23% | 4.87% | 33.43% | $443 | 13.97 | 6.05 | 892 | 20.92% | 92.87% | 61.02% | 0.84 |
| All Listed CEFs/BDCs | 482 | -9.73% | -6.00% | 8.44% | 2.07% | 17.34% | 25.22% | $584 | 18.81 | 11.64 | 1695 | 8.23% | 72.78% | 70.20% | 0.69 |
| 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 | -1.27% | -0.86% | -4.54% | -4.17% | -3.18% | -2.74% | -1.01% | 0.14% | 11.95% | 14.50% | 5.62% | 4.77% | 3.07% | 3.41% | 5.28% | 4.94% | -4.16% | -3.45% | 3.99% | 5.29% |
| Sector Equity CEFs | -1.55% | -1.65% | -4.02% | -3.46% | -1.62% | -1.03% | -1.19% | 0.50% | 7.72% | 9.05% | 11.18% | 9.63% | 1.67% | 2.25% | 3.81% | 3.63% | -2.50% | -1.87% | 0.52% | 1.35% |
| Taxable Bond CEFs | -1.14% | -0.71% | -2.37% | -1.18% | -0.10% | 0.43% | 2.63% | 2.02% | 12.15% | 8.74% | 2.34% | 1.42% | 1.99% | 1.95% | 3.82% | 3.63% | -0.35% | 0.10% | 6.51% | 5.25% |
| Debt Focused BDCs | 0.32% | 0.50% | 1.28% | 2.09% | 7.59% | 2.77% | 12.56% | 5.41% | 30.88% | 6.97% | 22.38% | 10.88% | 6.67% | 5.36% | 6.75% | 6.86% | 7.56% | 2.79% | 16.94% | 7.95% |
| Municipal (tax-free) CEFs | -3.82% | -2.74% | -7.03% | -4.86% | -9.28% | -7.25% | -10.50% | -6.90% | -4.65% | 1.70% | -7.18% | -4.95% | -1.31% | -0.49% | 2.06% | 2.83% | -9.35% | -7.29% | -8.04% | -3.58% |
| All Listed CEFs/BDCs | -1.73% | -1.29% | -3.86% | -2.72% | -2.39% | -2.07% | -1.08% | -0.47% | 8.74% | 7.82% | 4.13% | 2.96% | 1.57% | 1.85% | 3.69% | 3.79% | -2.82% | -2.39% | 2.22% | 2.52% |
Visit The Fund Screener
- {{funddata}}
Press Releases
09/29/2023
The Company will host an earnings conference call and audio webcast at 10:00 a.m. (Eastern Time) on Wednesday, November 8,
Read more >
09/29/2023
Monthly dividend decreased by 1.83% to $0.06765 from $0.06891 per share. As of 2023-09-28, NAV Yield was 8.3%, and group
Read more >
09/29/2023
Monthly dividend decreased by 0.25% to $0.06495 from $0.06511 per share. As of 2023-09-28, NAV Yield was 8.2%, and group
Read more >
09/29/2023
Monthly dividend decreased by 0.52% to $0.04744 from $0.04769 per share. As of 2023-09-28, NAV Yield was 8.2%, and group
Read more >
09/29/2023
Putnam Investments announced today that the Trustees of the Putnam Funds have authorized the Putnam closed-end funds to renew the
Read more >
09/29/2023
The Company today announced an adjustment to the conversion rate of its 6.00% Convertible Notes due 2025 (the "Convertible Notes")
Read more >