DNI - Weekly Review: CEFs That Follow The Broad Market
Introduction
The huge swings in closed-end funds over the last few months caught the eye of many investors. We will examine if the market provides us with any potential arbitrage opportunities. As the broad market continues to be very volatile, we will sort and compare most of the funds that follow it using several important metrics.
The Benchmark
Over the past week, the price of the benchmark, the SPDR S&P 500 Trust ETF (NYSEARCA: SPY), increased by 2.93%.
Source: Barchart, SPDR S&P 500 Trust ETF
The News
This week, there were no significant news