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 | 80 | -9.94% | -9.36% | 8.87% | 69.15% | 28.21% | 8.73% | $691 | 20.07 | 15.45 | 2406 | -5.64% | 82.03% | 70.22% | 0.72 |
| Sector Equity CEFs | 82 | -5.57% | -4.01% | 8.46% | 23.05% | 29.90% | 15.01% | $1405 | 19.33 | 14.65 | 14378 | -10.99% | 85.77% | 68.05% | 0.56 |
| Taxable Bond CEFs | 127 | -7.33% | -3.45% | 11.86% | 2.22% | 22.47% | 25.03% | $501 | 15.28 | 6.79 | 2576 | -1.11% | 77.86% | 66.39% | 0.61 |
| Debt Focused BDCs | 49 | -25.65% | -6.54% | 13.54% | -12.37% | 0.78% | 51.05% | $1660 | 29.58 | 5.50 | 13249 | 24.59% | N/A | 45.69% | 0.57 |
| Municipal (tax-free) CEFs | 79 | -3.04% | -5.78% | 6.09% | 45.11% | 21.32% | 32.88% | $601 | 10.17 | 7.13 | 1641 | -13.00% | 58.17% | 32.34% | 1.13 |
| All Listed CEFs/BDCs | 420 | -8.81% | -5.68% | 9.68% | 24.79% | 22.11% | 24.45% | $865 | 17.93 | 10.01 | 5904 | -3.23% | 68.61% | 58.14% | 0.68 |
| 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 | 0.16% | 0.27% | -5.14% | -4.54% | 1.94% | 2.53% | 3.14% | 4.32% | 21.66% | 20.52% | 17.32% | 15.51% | 7.43% | 7.01% | 10.37% | 9.26% | 0.35% | 1.31% | 0.35% | 1.31% |
| Sector Equity CEFs | -0.97% | -0.75% | -3.95% | -2.84% | 3.91% | 4.53% | 6.42% | 8.87% | 17.93% | 19.34% | 16.28% | 15.75% | 8.89% | 8.94% | 9.07% | 8.61% | 2.17% | 3.45% | 2.17% | 3.45% |
| Taxable Bond CEFs | 0.05% | 0.16% | -5.27% | -2.56% | -3.30% | -1.16% | -5.84% | -0.71% | 0.85% | 6.16% | 9.40% | 9.13% | 2.87% | 3.47% | 6.16% | 5.98% | -3.94% | -1.12% | -3.94% | -1.12% |
| Debt Focused BDCs | 2.61% | 0.60% | -7.02% | 1.16% | -10.93% | 0.32% | -14.91% | 2.14% | -18.76% | 4.34% | 2.20% | 7.19% | 2.26% | 7.94% | 6.92% | 7.19% | -10.95% | 1.69% | -10.95% | 1.69% |
| Municipal (tax-free) CEFs | -0.16% | -0.14% | -1.23% | -1.25% | 2.48% | 0.82% | 4.02% | 2.11% | 7.55% | 2.99% | 6.77% | 3.52% | 0.09% | -0.37% | 2.20% | 2.01% | 2.35% | 0.58% | 2.35% | 0.58% |
| All Listed CEFs/BDCs | 0.13% | 0.00% | -4.30% | -2.28% | -0.71% | 1.17% | -0.97% | 2.90% | 7.37% | 10.58% | 11.08% | 10.31% | 4.30% | 4.89% | 6.81% | 6.40% | -1.47% | 0.89% | -1.47% | 0.89% |
Visit The Fund Screener
- {{funddata}}
