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).
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 | -7.12% | -9.04% | 9.27% | 15.62% | 24.00% | 10.80% | $565 | 24.94 | 24.51 | 1652 | -9.39% | 86.75% | 67.79% | 0.79 |
| Sector Equity CEFs | 104 | -3.77% | -4.56% | 7.14% | -14.35% | 34.66% | 17.42% | $757 | 22.72 | 29.27 | 2289 | -15.55% | 88.79% | 71.21% | 0.67 |
| Taxable Bond CEFs | 143 | -2.95% | -4.00% | 8.99% | -4.43% | 18.32% | 28.85% | $406 | 16.88 | 11.33 | 1480 | -10.49% | 69.99% | 65.30% | 0.52 |
| Debt Focused BDCs | 45 | -5.95% | -2.03% | 9.14% | -4.44% | 4.14% | 50.12% | $1293 | 26.01 | 12.17 | 6574 | -23.40% | N/A | 61.62% | 0.66 |
| Municipal (tax-free) CEFs | 114 | -3.49% | -3.88% | 4.76% | -4.96% | 2.27% | 36.45% | $507 | 15.22 | 8.48 | 1355 | -24.33% | 85.95% | 60.72% | 0.95 |
| All Listed CEFs/BDCs | 500 | -4.59% | -5.21% | 7.64% | -4.01% | 17.62% | 26.73% | $608 | 20.11 | 16.88 | 2101 | -15.60% | 75.07% | 65.09% | 0.67 |
| 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 | 0.62% | 0.64% | 4.71% | 4.45% | 2.77% | 2.32% | -12.34% | -11.27% | -13.58% | -13.07% | 7.45% | 6.74% | 6.26% | 5.56% | 7.53% | 7.30% | 6.49% | 5.69% | -15.87% | -15.05% |
| Sector Equity CEFs | 0.41% | 0.63% | 7.08% | 6.30% | 4.66% | 2.99% | -2.00% | -1.89% | 1.90% | 2.42% | 4.23% | 4.47% | 4.46% | 4.35% | 5.58% | 5.72% | 8.58% | 7.34% | -2.59% | -2.21% |
| Taxable Bond CEFs | 0.60% | 0.75% | 6.44% | 4.79% | 3.05% | -0.68% | -9.40% | -8.82% | -13.82% | -10.17% | 1.52% | 1.28% | 3.09% | 2.80% | 3.99% | 4.67% | 7.32% | 5.18% | -13.48% | -10.97% |
| Debt Focused BDCs | 1.52% | 0.13% | 4.62% | 0.29% | 0.71% | 0.12% | -6.48% | 2.12% | 1.68% | 8.37% | 7.72% | 7.35% | 6.30% | 7.01% | 8.40% | 8.80% | 8.37% | 0.33% | -3.67% | 2.71% |
| Municipal (tax-free) CEFs | 0.09% | -0.82% | 4.07% | 2.20% | 6.80% | 4.16% | -7.46% | -8.97% | -15.76% | -12.65% | -0.57% | -0.85% | 1.67% | 1.85% | 2.75% | 3.52% | 6.22% | 4.43% | -14.61% | -12.34% |
| All Listed CEFs/BDCs | 0.51% | 0.29% | 5.46% | 4.01% | 3.79% | 1.75% | -7.88% | -6.85% | -9.82% | -7.01% | 3.13% | 2.88% | 3.83% | 3.72% | 4.86% | 5.30% | 7.15% | 5.07% | -11.17% | -8.91% |
Press Releases
XAI Octgn Flt Rt & Alt Incm Trm (XFLT)
08/09/2022 - Conference Call/WebcastThe Fund announced that it plans to host the Trust’s Quarterly Webinar on August 18, 2022 at 11:00 am (Eastern Time). Robert Chenoweth, Vice... [...]
PhenixFIN Corp (PFX)
08/09/2022 - BDC EarningsThe company announced 2022-06-30 financial results. Net asset value decreased by -6.67% to $58.74 per share from $62.94 per share on previous quarter. Last... [...]
abrdn Australia Eq Fd (IAF)
08/09/2022 - DividendEx-div date 2022-08-23, Record date 2022-08-24, Payable date 2022-09-30. Quarterly dividend decreased by 13.33% to $0.13 from $0.15 per share. As of 2022-08-09, total... [...]
India Fund (IFN)
08/09/2022 - DividendEx-div date 2022-08-23, Record date 2022-08-24, Payable date 2022-09-30. Quarterly dividend decreased by 13.21% to $0.46 from $0.53 per share. As of 2022-08-09, total... [...]
abrdn Japan Eq Fd (JEQ)
08/09/2022 - DividendEx-div date 2022-08-23, Record date 2022-08-24, Payable date 2022-09-30. Quarterly dividend decreased by 8.33% to $0.11 from $0.12 per share. As of 2022-08-09, total... [...]
Destra Multi-Alt Fd (DMA)
08/09/2022 - DividendEx-div date 2022-08-18, Record date 2022-08-19, Payable date 2022-08-31. Monthly dividend increased by 2.14% to $0.0572 from $0.056 per share. As of 2022-08-08, total... [...]
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