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HQL - The Month In Closed-End Funds: November 2019
TeklaLife Sciences Investors
Picture Source: REUTERS/Brendan McDermid. A screen displays the Dow Jones Industrial Average shortly after the opening bell at the New York Stock Exchange, November 18, 2019.
For the first month in seven, domestic taxable bond CEFs jumped to the top of the leaderboard, posting a 0.44% return on average, followed by municipal bond CEFs (+0.24%) and world income CEFs (-0.21%). The world income CEFs macro-group was dragged down by the Emerging Markets Hard Currency Debt CEFs (-1.03%) and Global Income CEFs (+0.12%) classifications. For the second month in a row, the municipal debt CEFs macro-group