ETO - My Income Portfolio - The NAV Evolution

• Almost one year ago, I built an income portfolio based on 15 closed-end funds (CEFs) that I judged to have the best net asset value (NAV) performance since inception.
• The distributions from almost all of my CEFs have remained intact despite the rivers of ink predicting massive cuts in distributions that haven’t yet shown up.
• Today most of my funds have recovered from the downturn caused by the March sell-off.
• However, there’s still a long way to go before the since-inception NAV performance of my CEFs returns to positive territory.
• So, let’s accept the situation as it is and hope for a full recovery from the pandemic that upended our lives and the financial markets.

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