ASA - The Month In Closed-End Funds: December 2018
Photo Source: Gary A. Vasquez-USA TODAY Sports. December 22, 2018; Los Angeles, CA, USA; Christmas Grinch performs during a stoppage in play at Staples Center.
For the month, 35% of all CEFs posted NAV-based returns in the black, with only 7% of equity CEFs and 56% of fixed income CEFs chalking up returns in the plus column. The Pacific ex-Japan CEFs classification (-0.80%) mitigated losses better than all the other equity classifications, followed by Emerging Markets CEFs (-2.22%) and Real Estate CEFs (-2.99%). For the third consecutive month, domestic taxable bond CEFs posted a loss