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 | 87 | -6.98% | -9.32% | 6.36% | -6.31% | 23.22% | 10.00% | $607 | 20.34 | 23.27 | 1552 | -1.75% | 82.44% | 65.73% | 0.96 |
| Sector Equity CEFs | 105 | -2.25% | -4.14% | 5.81% | -21.74% | 38.15% | 15.61% | $796 | 21.90 | 29.65 | 2623 | -5.40% | 87.40% | 64.50% | 1.13 |
| Taxable Bond CEFs | 152 | -0.25% | -3.58% | 7.06% | -4.35% | 14.02% | 25.78% | $456 | 13.38 | 10.23 | 1615 | -1.04% | 58.16% | 52.78% | 0.51 |
| Debt Focused BDCs | 42 | 6.15% | -3.52% | 7.94% | -3.85% | 5.78% | 47.29% | $1135 | 29.38 | 11.69 | 5342 | -1.15% | N/A | 55.68% | 1.58 |
| Municipal (tax-free) CEFs | 122 | -1.27% | -3.56% | 4.07% | -4.34% | 1.46% | 32.18% | $560 | 10.43 | 7.77 | 814 | -7.09% | 78.86% | 35.05% | 0.36 |
| All Listed CEFs/BDCs | 512 | -1.77% | -5.10% | 5.99% | -8.28% | 16.59% | 24.15% | $630 | 17.30 | 16.14 | 1929 | -3.82% | 72.46% | 52.96% | 0.65 |
| 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 | -0.21% | -0.59% | 4.09% | 2.32% | 8.21% | 5.28% | 20.98% | 15.44% | 52.37% | 43.91% | 11.38% | 11.30% | 14.03% | 12.82% | 8.97% | 8.92% | 8.04% | 6.17% | 19.12% | 13.33% |
| Sector Equity CEFs | 0.74% | 0.59% | 6.11% | 3.86% | 13.33% | 9.28% | 26.45% | 19.65% | 44.30% | 37.80% | 5.81% | 5.28% | 7.08% | 6.30% | 7.33% | 7.01% | 13.05% | 10.45% | 27.27% | 20.28% |
| Taxable Bond CEFs | -0.05% | -0.15% | 2.34% | 1.23% | 5.24% | 2.60% | 10.96% | 5.40% | 30.12% | 21.70% | 8.77% | 6.96% | 9.33% | 8.19% | 6.66% | 6.70% | 4.73% | 2.83% | 9.82% | 4.20% |
| Debt Focused BDCs | -0.93% | 0.00% | 5.33% | 0.14% | 11.48% | 4.06% | 34.08% | 8.10% | 65.39% | 21.23% | 9.90% | 5.77% | 11.57% | 7.59% | 10.21% | 8.62% | 12.35% | 0.41% | 33.98% | 5.28% |
| Municipal (tax-free) CEFs | 0.38% | 0.21% | 2.14% | 1.53% | 5.94% | 3.24% | 8.32% | 3.98% | 18.03% | 10.54% | 9.83% | 6.98% | 4.26% | 4.50% | 6.83% | 6.81% | 5.10% | 3.35% | 6.97% | 3.58% |
| All Listed CEFs/BDCs | 0.12% | 0.03% | 3.55% | 1.93% | 8.07% | 4.77% | 17.24% | 10.03% | 37.15% | 26.11% | 8.87% | 7.19% | 8.52% | 7.54% | 7.43% | 7.27% | 7.68% | 4.86% | 16.29% | 9.08% |
Press Releases
Calamos Lng-Srt Eq & Dyn Incm (CPZ)
06/15/2021 - DividendEx-div date 2021-07-12, Record date 2021-07-13, Payable date 2021-07-20. Monthly dividend increased by 7.69% to $0.14 from $0.13 per share. As of 2021-06-14, total... [...]
First Eagle Sr Ln Fd (FSLF)
06/14/2021 - Liquidation/DissolutionThe Fund announced that it intends to liquidate and distribute its net assets to shareholders. The Fund’s investment adviser, First Eagle Alternative Credit, LLC... [...]
Highland Incm Fd (HFRO)
06/14/2021 - Other AnnouncementsThe Fund announced the filing of a preliminary proxy statement with the Securities and Exchange Commission for a special meeting of shareholders in connection... [...]
FS KKR Capital Corp (FSK)
06/11/2021 - Leverage Amount ChangeThe Company announced that it has priced an underwritten public offering of $400,000,000 in aggregate principal amount of its 2.625% unsecured notes due 2027.... [...]
Portman Ridge Fin Corpn (PTMN)
06/11/2021 - MergerPTMN announced the closing of the previously announced merger with Harvest Capital Credit Corporation. The combined company, which will remain externally managed by Sierra... [...]
NexPoint Stgc Opp Fd (NHF)
06/11/2021 - Tender OfferThe Fund announced the extension of the offering period for its previously announced offer to purchase any and all Shares of Beneficial Interest of... [...]
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