Active Investment Company Alliance (AICA)

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).

Active Investment Company Alliance (AICA)

AICA Summer Summit, August 13th 2020

Event Registration

Average CEF Universe Data

#FundsCurrent Disc/Prm10 Yr Avg Disc/PrmMarket Yield3 Yr Div Growth3 Yr RoC %LeverageNet Assets (MM)1 Yr Price St. Dev3 Yr NAV St. Dev90 Day $ Liquidity (M)90 Day Volume Trend90 Day Price/Nav CorrCorr to 12 Sectors IndexBeta to S&P 500
US / Global Equity CEFs90-7.47%-9.30%6.67%-5.79%25.66%9.76%$67219.3123.241426-5.43%65.56%66.44%0.97
Sector Equity CEFs103-3.19%-4.23%6.34%-18.09%38.24%15.82%$79619.7428.811933-2.49%66.44%63.40%1.10
Taxable Bond CEFs151-0.24%-3.55%7.23%-4.28%15.93%25.10%$46312.9010.391598-0.02%29.26%49.69%0.53
Debt Focused BDCs411.37%-2.99%8.38%14.83%5.70%48.03%$119825.8911.8949074.30%N/A60.27%1.65
Municipal (tax-free) CEFs1220.28%-3.50%4.05%-2.24%1.48%31.88%$55610.267.747703.89%8.02%34.49%0.40
All Listed CEFs/BDCs511-2.10%-5.05%6.24%-5.24%17.62%23.82%$64616.1616.021700-0.59%35.83%52.22%0.65
Data as of 09/24/2021 from CEFData.com
1 Week(%)1 Month(%)3 Month(%)6 Month(%)1 Year(%)3 Year(%)5 Year(%)10 Year(%)QTD(%)YTD(%)
PriceNAVPriceNAVPriceNAVPriceNAVPriceNAVPriceNAVPriceNAVPriceNAVPriceNAVPriceNAV
US / Global Equity CEFs-0.84%0.03%-1.37%-0.79%-0.51%0.36%8.54%6.58%45.74%36.36%11.13%11.02%12.35%11.31%10.35%10.23%-0.61%0.42%18.78%13.78%
Sector Equity CEFs-0.49%0.14%-1.27%-0.87%-1.05%-0.80%10.79%7.55%49.52%38.37%5.14%4.61%5.47%5.10%7.86%7.54%-1.33%-0.60%22.07%17.04%
Taxable Bond CEFs-0.52%-0.33%-0.78%0.02%0.76%0.75%6.92%4.28%25.47%16.13%8.82%7.11%8.26%7.22%7.47%7.36%-0.16%0.58%11.38%5.59%
Debt Focused BDCs-0.16%0.00%-1.91%0.16%-0.69%2.99%11.99%7.88%72.09%18.72%7.99%6.10%8.86%7.80%11.47%9.08%0.63%0.51%33.04%10.06%
Municipal (tax-free) CEFs-0.81%-0.28%-1.24%-0.74%0.73%-0.01%7.44%3.16%15.31%7.34%10.70%7.12%4.42%4.41%6.35%6.16%0.24%-0.20%8.39%3.36%
All Listed CEFs/BDCs-0.61%-0.13%-1.23%-0.47%0.04%0.36%8.51%5.47%35.50%22.32%8.80%7.12%7.45%6.76%7.97%7.66%-0.31%0.12%15.89%9.28%
Data as of 09/24/2021 from CEFData.com

Press Releases

WF Util & Hi Incm Fd (ERH)

09/24/2021 - Dividend

Ex-div date 2021-10-12, Record date 2021-10-13, Payable date 2021-11-01. Monthly dividend increased by 0.74% to $0.07368 from $0.07314 per share. As of 2021-09-24, total... [...]

DWS Muni Incm Tr (KTF)

09/24/2021 - Repurchase Program

The Fund announced that its respective Board of Trustees has extended the Fund’s existing open market share repurchase program for an additional twelve-month period.... [...]

WF Mlt-Sctr Incm Fd (ERC)

09/24/2021 - Dividend

Ex-div date 2021-10-12, Record date 2021-10-13, Payable date 2021-11-01. Monthly dividend increased by 0.3% to $0.09582 from $0.09553 per share. As of 2021-09-24, total... [...]

WF Incm Opp Fd (EAD)

09/24/2021 - Dividend

Ex-div date 2021-10-12, Record date 2021-10-13, Payable date 2021-11-01. Monthly dividend increased by 0.55% to $0.05982 from $0.05949 per share. As of 2021-09-24, total... [...]

DWS Stgc Muni Incm Tr (KSM)

09/24/2021 - Repurchase Program

The Fund announced that its respective Board of Trustees has extended the Fund’s existing open market share repurchase program for an additional twelve-month period.... [...]

Prospect Capital Corp (PSEC)

09/23/2021 - Leverage Amount Change

The Company announced the pricing of $300 million in aggregate principal amount of 3.437% notes due 2028 (the “Notes”). The Notes will mature on... [...]

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