Photo Source: REUTERS/Staff. The German share price index DAX graph is pictured at the stock exchange in Frankfurt, Germany, April 24, 2019.
For the month, 89% of all CEFs posted NAV-based returns in the black, with 79% of equity CEFs and 95% of fixed income CEFs chalking up returns in the plus column. For the first month in five, Lipper’s world equity CEFs macro-group (+2.26%) outpaced its two equity-based brethren: mixed-asset CEFs (+2.08%) and domestic equity CEFs (+0.91%). For the first month in 17, the Core CEFs classification (+3.74%) outperformed all other equity classifications, followed