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).
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 | 89 | -6.50% | -9.16% | 8.64% | 20.97% | 23.11% | 8.98% | $641 | 19.30 | 22.91 | 2199 | 14.32% | 81.61% | 59.70% | 0.95 |
| Sector Equity CEFs | 104 | -4.13% | -4.22% | 6.68% | -16.97% | 39.15% | 15.76% | $787 | 17.72 | 28.38 | 2241 | 17.06% | 81.21% | 59.11% | 1.05 |
| Taxable Bond CEFs | 144 | -3.15% | -3.58% | 7.85% | -4.90% | 16.88% | 26.03% | $457 | 12.83 | 10.46 | 1703 | 20.24% | 69.51% | 39.45% | 0.51 |
| Debt Focused BDCs | 45 | -0.80% | -2.39% | 8.40% | 7.13% | 5.74% | 47.93% | $1255 | 21.59 | 11.58 | 5831 | -3.31% | N/A | 52.34% | 1.57 |
| Municipal (tax-free) CEFs | 120 | -5.99% | -3.57% | 4.43% | -2.89% | 1.45% | 32.73% | $549 | 11.15 | 7.79 | 886 | 22.72% | 63.74% | 29.54% | 0.38 |
| All Listed CEFs/BDCs | 506 | -4.64% | -4.98% | 6.93% | -2.75% | 17.56% | 24.36% | $647 | 15.50 | 15.84 | 2072 | 16.75% | 65.97% | 45.36% | 0.63 |
| 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 | -5.29% | -4.16% | -2.73% | -3.50% | -3.91% | -4.67% | -2.35% | -2.68% | 10.81% | 6.10% | 14.71% | 13.41% | 11.73% | 10.49% | 9.40% | 9.17% | -5.20% | -5.15% | -5.20% | -5.15% |
| Sector Equity CEFs | -4.51% | -2.90% | -0.49% | -0.28% | -3.27% | -2.11% | 1.42% | 2.33% | 18.56% | 15.07% | 7.45% | 7.18% | 5.46% | 5.17% | 6.66% | 6.73% | -2.94% | -2.08% | -2.94% | -2.08% |
| Taxable Bond CEFs | -3.16% | -0.64% | -3.05% | -1.23% | -4.71% | -1.52% | -3.32% | -0.73% | 5.65% | 3.29% | 8.67% | 7.28% | 6.68% | 6.22% | 6.04% | 6.62% | -4.28% | -1.56% | -4.28% | -1.56% |
| Debt Focused BDCs | -2.71% | 0.06% | -0.01% | 0.57% | -1.36% | 2.27% | 3.30% | 5.58% | 30.12% | 15.60% | 10.81% | 8.09% | 7.48% | 7.66% | 10.52% | 9.46% | -1.61% | 0.18% | -0.81% | 0.83% |
| Municipal (tax-free) CEFs | -3.90% | -0.73% | -6.49% | -1.89% | -4.97% | -0.04% | -6.78% | -2.50% | 0.22% | 1.52% | 6.81% | 6.08% | 4.56% | 5.31% | 4.56% | 5.47% | -6.84% | -2.00% | -6.84% | -2.00% |
| All Listed CEFs/BDCs | -3.95% | -1.68% | -3.01% | -1.41% | -3.98% | -1.44% | -2.41% | -0.25% | 10.07% | 7.03% | 9.16% | 8.01% | 6.80% | 6.58% | 6.60% | 6.93% | -4.53% | -2.23% | -4.45% | -2.18% |
Press Releases
FrkTmp Ltd Dur Incm Tr (FTF)
01/21/2022 - DividendEx-div date 2022-01-28, Record date 2022-01-31, Payable date 2022-02-14. Monthly dividend decreased by 0.79% to $0.075 from $0.0756 per share. As of 2022-01-21, total... [...]
Hercules Capital (HTGC)
01/20/2022 - Leverage Amount ChangeThe Company announced that it has closed an underwritten public offering of $350.0 million in aggregate principal amount of 3.375% notes due January 2027.... [...]
FT Sr Flt Rt Incm Fd II (FCT)
01/20/2022 - DividendEx-div date 2022-02-01, Record date 2022-02-02, Payable date 2022-02-15. Monthly dividend decreased by 8.75% to $0.072 from $0.0789 per share. As of 2022-01-20, total... [...]
FT/Abd Glbl Opp Incm Fd (FAM)
01/20/2022 - DividendEx-div date 2022-02-01, Record date 2022-02-02, Payable date 2022-02-15. Monthly dividend decreased by 13.33% to $0.065 from $0.075 per share. As of 2022-01-20, total... [...]
Nuv Pref & Incm 2022 Trm Fd (JPT)
01/20/2022 - Tender OfferThe Fund commenced a tender offer. As previously announced, the fund will conduct a tender offer allowing shareholders to offer up to 100% of... [...]
FS KKR Capital Corp (FSK)
01/19/2022 - Leverage Amount ChangeThe Company announced that it has completed its previously announced offering of $500,000,000 in aggregate principal amount of its 3.250% unsecured notes due 2027... [...]
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