- For the sixth month in a row, equity CEFs on average posted positive returns, rising 3.55% on an NAV basis for April.
- While for the second month running, fixed income CEFs posted plus-side returns (+1.42%).
- Twenty-seven percent of all CEFs traded at a premium to their NAV, with 27% of equity CEFs and 27% of fixed income CEFs trading in premium territory.
- Energy MLP CEFs (+6.41%) for the third month in four posted the strongest one-month returns of the equity classifications in the CEF universe for April.
- For the first month in four, the Emerging Markets Hard Currency Debt CEFs (+4.05%) classification posted the strongest plus-side returns in the taxable fixed income CEF universe for April.
For further details see:
The Month In Closed-End Funds: April 2021