IFN News and Press, India Fund Inc. From 10/12/21

2 out of 23 CEF sectors positive on price and 2 out of 23 sectors positive on NAV last week. MLPs lead while convertibles lag. Asia equity is the highest-yielding CEF sector. For further details see: Weekly Closed-End Fund Roundup: October 3, 2021

Three out of 23 CEF sectors positive on price and six out of 23 sectors positive on NAV last week. GOF/GGM/GPM merger has been approved. RIV announces a new rights offering. For further details see: Weekly Closed-End Fund Roundup: Sept. 26, 2021

For income investors, closed-end funds remain an attractive investment class that covers a variety of asset classes and promise high distributions and reasonable total returns. Closed-end funds are generally characterized by higher volatility and deeper drawdowns than the broad market...

For the tenth month running, equity CEFs on average posted positive returns, rising 1.43% on an NAV basis for August. While, for the sixth consecutive month, fixed income CEFs posted plus-side returns (+0.29%). Thirty-seven percent of all CEFs traded at a premium to their NAV, wit...

Shares of India Fund Inc. (The) (NYSE:IFN) traded at a new 52-week high today of $23.64. Approximately 56,000 shares have changed hands today, as compared to an average 30-day volume of 84,000 shares. In the past 52 weeks, shares of India Fund Inc. (The) have traded between a low of $15....

Shares of India Fund Inc. (The) (NYSE:IFN) traded today at $23.25, eclipsing its 52-week high. Approximately 55,000 shares have changed hands today, as compared to an average 30-day volume of 80,000 shares. India Fund Inc. (The) (NYSE:IFN) is currently priced 1.3% above its average conse...

Last year, we were looking at distribution changes due to the COVID pandemic sell-off. CEFs distribute out most of their earnings as distributions, so they pay relatively higher yields. However, relatively higher yields mean that any downturn is likely to cause distribution cuts. ...

For income investors, closed-end funds remain an attractive investment class that covers a variety of asset classes and promise high distributions and reasonable total returns. Closed-end funds are generally characterized by higher volatility and deeper drawdowns than the broad market...

The India Fund has outperformed its benchmark since its inception in 1994. The Indian economy is well-positioned to recover from the pandemic with world-leading growth as a bullish tailwind for local stocks. The India Fund is a good option to capture exposure to Indian equities of...

For income investors, closed-end funds remain an attractive investment class that covers a variety of asset classes and promise high distributions and reasonable total returns. Closed-end funds are generally characterized by higher volatility and deeper drawdowns than the broad market...