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)

AICA Summer Summit, August 13th 2020

Event Registration

Average CEF Universe Data

#FundsCurrent Disc/Prm10 Yr Avg Disc/PrmMarket Yield3 Yr Div Growth3 Yr RoC %LeverageNet Assets (MM)1 Yr Price St. Dev3 Yr NAV St. Dev90 Day $ Liquidity (M)90 Day Volume Trend90 Day Price/Nav CorrCorr to 12 Sectors IndexBeta to S&P 500
US / Global Equity CEFs90-7.21%-9.30%6.51%-5.54%25.53%9.75%$67518.7523.1014352.56%72.38%63.89%0.94
Sector Equity CEFs102-2.65%-4.29%6.16%-17.42%38.19%15.49%$81618.8828.7519784.97%80.66%58.98%1.26
Taxable Bond CEFs1500.38%-3.54%7.24%-3.90%16.46%25.36%$46512.6710.511494-1.56%47.82%45.77%0.45
Debt Focused BDCs424.29%-2.79%8.61%18.82%5.73%48.09%$119224.6111.775001-6.33%N/A59.90%1.69
Municipal (tax-free) CEFs122-1.65%-3.50%4.19%-2.47%1.47%32.15%$54610.557.787694.10%75.32%35.02%0.17
All Listed CEFs/BDCs510-2.00%-5.04%6.23%-4.69%17.68%23.96%$64915.7915.9616941.33%61.38%49.89%0.61
Data as of 10/27/2021 from CEFData.com
1 Week(%)1 Month(%)3 Month(%)6 Month(%)1 Year(%)3 Year(%)5 Year(%)10 Year(%)QTD(%)YTD(%)
PriceNAVPriceNAVPriceNAVPriceNAVPriceNAVPriceNAVPriceNAVPriceNAVPriceNAVPriceNAV
US / Global Equity CEFs-0.31%-0.52%0.94%0.45%2.79%2.37%4.53%3.45%43.49%32.36%16.24%15.12%13.24%12.04%9.76%9.72%2.48%2.82%20.71%15.22%
Sector Equity CEFs-0.78%-0.91%3.54%2.74%4.78%3.66%8.84%6.89%50.81%37.36%9.16%7.89%7.02%6.31%7.39%7.13%4.89%4.41%27.63%21.77%
Taxable Bond CEFs-0.19%-0.14%0.29%-0.70%1.01%0.32%4.57%2.33%25.21%13.83%10.71%7.51%8.48%7.00%7.08%6.99%0.95%-0.32%12.16%5.44%
Debt Focused BDCs-0.11%0.00%3.17%0.34%4.42%2.07%8.98%6.57%78.33%16.61%12.70%6.72%10.16%7.93%11.40%9.46%3.86%0.00%39.57%11.91%
Municipal (tax-free) CEFs-1.24%-0.24%-3.07%-1.49%-3.30%-2.74%0.98%-0.03%12.05%6.43%10.25%6.82%4.97%4.45%5.89%6.11%-2.02%-0.82%4.82%1.94%
All Listed CEFs/BDCs-0.58%-0.37%0.43%0.09%1.31%0.80%4.89%3.28%35.20%20.43%11.34%8.60%8.24%7.13%7.52%7.40%1.50%1.09%17.26%10.30%
Data as of 10/27/2021 from CEFData.com

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