RSF - The Month In Closed-End Funds: October 2021

• For the eleventh month in 12, equity CEFs on average witnessed plus-side returns, rising 3.48% on a NAV basis for October.
• While for the second consecutive month fixed income CEFs posted returns in the red (-0.14%).
• Thirty-six percent of all CEFs traded at a premium to their NAV, with 34% of equity CEFs and 39% of fixed income CEFs trading in premium territory.
• Energy MLP CEFs (+7.19%) for the second month in a row posted the strongest one-month returns of the equity classifications in the CEF universe for October.
• For the first month in seven, the High Yield CEFs (+0.40%) classification posted the strongest plus-side returns in the domestic taxable fixed income CEF macro group for October.

For further details see: