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 | 89 | -7.44% | -9.32% | 6.49% | -6.82% | 23.82% | 9.99% | $667 | 20.08 | 23.31 | 1559 | -4.53% | 65.36% | 67.78% | 0.96 |
| Sector Equity CEFs | 104 | -3.02% | -4.20% | 6.08% | -20.53% | 37.86% | 15.69% | $799 | 20.97 | 29.33 | 2343 | -6.43% | 74.41% | 65.93% | 1.09 |
| Taxable Bond CEFs | 151 | 0.25% | -3.58% | 7.08% | -3.73% | 14.51% | 25.27% | $557 | 13.11 | 10.33 | 1705 | 0.71% | 49.85% | 52.14% | 0.52 |
| Debt Focused BDCs | 41 | 3.94% | -3.28% | 8.13% | -3.69% | 6.18% | 47.68% | $1070 | 27.34 | 11.63 | 5218 | -17.07% | N/A | 60.24% | 1.63 |
| Municipal (tax-free) CEFs | 122 | -0.24% | -3.56% | 4.00% | -3.02% | 1.52% | 32.01% | $563 | 10.52 | 7.76 | 788 | -2.79% | 62.52% | 39.83% | 0.39 |
| All Listed CEFs/BDCs | 511 | -1.81% | -5.09% | 6.07% | -7.54% | 16.85% | 23.97% | $665 | 16.81 | 16.11 | 1870 | -3.51% | 56.57% | 54.99% | 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 | -0.33% | -0.05% | -1.10% | -0.22% | 2.35% | 1.37% | 16.59% | 12.49% | 43.63% | 34.71% | 11.05% | 11.05% | 12.44% | 11.55% | 8.97% | 9.00% | -1.10% | -0.22% | 18.12% | 13.10% |
| Sector Equity CEFs | 0.60% | 0.53% | -0.85% | -0.18% | 4.29% | 3.06% | 20.75% | 16.13% | 41.26% | 32.51% | 5.13% | 4.71% | 5.64% | 5.25% | 7.19% | 6.97% | -0.85% | -0.18% | 22.84% | 17.66% |
| Taxable Bond CEFs | 0.34% | 0.04% | -0.36% | 0.06% | 3.73% | 1.97% | 9.81% | 3.93% | 26.35% | 17.46% | 9.00% | 7.09% | 8.54% | 7.57% | 6.81% | 6.66% | -0.36% | 0.06% | 11.14% | 5.00% |
| Debt Focused BDCs | -0.29% | 0.00% | 0.91% | 0.04% | 3.79% | 2.41% | 30.26% | 7.29% | 75.52% | 18.90% | 8.77% | 6.06% | 9.53% | 7.74% | 10.71% | 8.97% | 0.95% | 0.04% | 32.61% | 7.41% |
| Municipal (tax-free) CEFs | 1.29% | -0.05% | 0.81% | 0.87% | 5.16% | 2.64% | 7.89% | 2.95% | 14.70% | 8.10% | 10.12% | 7.15% | 4.19% | 4.56% | 6.84% | 6.65% | 0.81% | 0.87% | 9.02% | 4.46% |
| All Listed CEFs/BDCs | 0.45% | 0.10% | -0.17% | 0.15% | 3.95% | 2.30% | 14.42% | 8.05% | 33.79% | 21.47% | 8.77% | 7.15% | 7.56% | 6.96% | 7.48% | 7.25% | -0.16% | 0.15% | 16.00% | 9.17% |
Press Releases
EV Srt Dur Divr Incm Fd (EVG)
08/02/2021 - Tender OfferEach Fund announced the preliminary results of the Fund’s cash tender offer for its outstanding common shares that expired at 5:00 P.M. Eastern Time... [...]
BR TCP Capital Corp (TCPC)
08/02/2021 - BDC EarningsThe company announced 2021-06-30 financial results. Net investment income decreased by -2.89% to $0.31 per share from $0.32 per share on previous quarter. One... [...]
Gladstone Inv Corp (GAIN)
08/02/2021 - BDC EarningsThe company announced 2021-06-30 financial results. Net investment income decreased to $-0.07 per share from $0.09 per share on previous quarter. Net asset value... [...]
EV Sr Incm Tr (EVF)
08/02/2021 - Tender OfferEach Fund announced the preliminary results of the Fund’s cash tender offer for its outstanding common shares that expired at 5:00 P.M. Eastern Time... [...]
Cap Southwest Corp (CSWC)
08/02/2021 - BDC EarningsThe company announced 2021-06-30 financial results. Net investment income increased by 6.59% to $0.45 per share from $0.42 per share on previous quarter. One... [...]
EV Sr Flt-Rt Tr (EFR)
08/02/2021 - Tender OfferEach Fund announced the preliminary results of the Fund’s cash tender offer for its outstanding common shares that expired at 5:00 P.M. Eastern Time... [...]
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