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)
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 | 88 | -12.50% | -9.14% | 6.81% | -0.46% | 24.68% | 11.42% | $501 | 41.86 | 22.99 | 1282 | 6.73% | 86.26% | 89.55% | 0.94 |
| Sector Equity CEFs | 104 | -7.95% | -3.93% | 7.28% | -23.66% | 38.00% | 16.00% | $682 | 58.31 | 29.55 | 2273 | 7.08% | 86.77% | 87.22% | 1.07 |
| Taxable Bond CEFs | 151 | -5.66% | -3.51% | 7.79% | -6.81% | 13.46% | 25.72% | $428 | 37.96 | 10.05 | 1454 | 2.28% | 66.12% | 86.14% | 0.50 |
| Debt Focused BDCs | 44 | -14.26% | -2.26% | 10.76% | -5.64% | 4.36% | 49.48% | $1016 | 77.21 | 11.14 | 3838 | 22.14% | N/A | 82.21% | 1.52 |
| Municipal (tax-free) CEFs | 145 | -4.74% | -3.52% | 4.27% | -13.85% | 1.39% | 32.06% | $458 | 25.08 | 7.63 | 640 | 3.95% | 53.10% | 81.67% | 0.33 |
| All Listed CEFs/BDCs | 537 | -7.95% | -4.78% | 6.76% | -11.36% | 15.82% | 25.11% | $543 | 42.47 | 15.54 | 1566 | 6.34% | 65.29% | 85.05% | 0.60 |
| 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 | 2.14% | 2.32% | 14.87% | 12.23% | 9.42% | 9.09% | 23.84% | 23.33% | 6.22% | 10.45% | 4.47% | 5.90% | 8.92% | 8.71% | 7.23% | 7.99% | 12.77% | 11.24% | 2.29% | 7.08% |
| Sector Equity CEFs | 2.45% | 2.24% | 16.10% | 12.26% | 7.81% | 6.77% | 10.70% | 13.00% | -10.94% | -6.97% | -1.60% | -0.36% | 3.01% | 2.82% | 5.62% | 6.18% | 14.94% | 11.94% | -13.95% | -10.22% |
| Taxable Bond CEFs | 1.55% | 0.80% | 7.98% | 4.09% | 6.11% | 5.00% | 15.24% | 14.63% | 1.66% | 5.06% | 4.41% | 4.76% | 8.35% | 7.25% | 6.05% | 6.75% | 6.97% | 4.70% | -0.99% | 2.75% |
| Debt Focused BDCs | 7.30% | 0.00% | 28.63% | 0.14% | 23.54% | 5.55% | 27.72% | 11.90% | -11.91% | 0.19% | 0.27% | 4.42% | 4.58% | 5.50% | 7.92% | 9.14% | 23.52% | 0.44% | -12.77% | -0.62% |
| Municipal (tax-free) CEFs | 1.17% | 0.15% | 4.40% | 2.28% | 3.73% | 1.76% | 8.94% | 6.45% | 4.32% | 4.29% | 4.83% | 5.45% | 4.98% | 4.88% | 5.84% | 6.45% | 3.40% | 1.93% | 3.17% | 3.90% |
| All Listed CEFs/BDCs | 2.26% | 1.08% | 11.57% | 6.16% | 7.70% | 5.13% | 15.27% | 13.16% | -0.37% | 2.80% | 2.92% | 4.00% | 6.00% | 5.66% | 6.15% | 6.84% | 9.90% | 6.04% | -2.74% | 0.85% |
Press Releases
PGIM Short Duration High Yield Opportunities Fund ()
11/25/2020 - Initial Public OfferingPGIM Investments has successfully completed the initial public offering of the PGIM Short Duration High Yield Opportunities Fund (the “Fund”). The Fund raised approximately... [...]
Swiss Helvetia Fd (SWZ)
11/25/2020 - DividendEx-div date 2020-12-18, Record date 2020-12-21, Payable date 2020-12-31. Quarterly dividend decreased by 2.03% to $0.13755 from $0.1404 per share. As of 2020-11-24, total... [...]
Harvest Cap Cr Corp (HCAP)
11/25/2020 - DividendEx-div date None, Record date 2020-12-15, Payable date 2020-12-29. The March and April 2020 dividends were deferred. These deferred dividends will now be payable... [...]
FS KKR Capital Corp (FSK)
11/24/2020 - MergerFS/KKR Advisor, LLC (FS/KKR), a partnership between FS Investments and KKR Credit Advisors (US), announced that FS KKR Capital Corp. (NYSE: FSK) and FS... [...]
WA Inf-Lnk Incm Fd (WIA)
11/24/2020 - Tender OfferThe Fund announced that the Fund’s Board of Trustees has authorized (subject to certain conditions) a cash tender offer for up to 20% of... [...]
FS KKR Capital Corp. II (FSKR)
11/24/2020 - MergerFS/KKR Advisor, LLC (FS/KKR), a partnership between FS Investments and KKR Credit Advisors (US), announced that FS KKR Capital Corp. (NYSE: FSK) and FS... [...]
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