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Photo Source: REUTERS/Ralph Orlowski. Bull and bear, symbols for successful and bad trading are seen in front of the German stock exchange (Deutsche Boerse), as markets react to the coronavirus disease (COVID-19) in Frankfurt, Germany, March 25, 2020.
For the month, only 3% of all closed-end funds (BATS:CEFS) posted net asset value (NYSE:NAV)-based returns in the black, with just 5% of equity CEFs and only 1% of fixed income CEFs chalking up returns in the plus column. For the third month in a row, Lipper’s mixed-asset CEFs (-17.81%) mitigated losses better