HYB - The Month In Closed-End Funds: February 2019
Photo Source: REUTERS/Brendan McDermid. Street signs for Broad St. and Wall St. are seen outside of the New York Stock Exchange (NYSE) in New York, U.S., February 22, 2019.
For the month, 93% of all CEFs posted NAV-based returns in the black, with 88% of equity CEFs and 98% of fixed income CEFs chalking up returns in the plus column. For the second month in three, Lipper’s mixed-asset CEFs macro-group (+2.12%) outpaced its two equity-based brethren: world equity CEFs (+1.86%) and domestic equity CEFs (+1.52%). For the first month in six, the Growth CEFs classification