Picture Source: REUTERS/Bryan R Smith. The numbers are displayed at the New York Stock Exchange in New York, U.S., January 31, 2020.
For the month, 72% of all closed-end funds (BATS:CEFS) posted net asset value((NAV))-based returns in the black, with only 46% of equity CEFs and 92% of fixed income CEFs chalking up returns in the plus column. For the first month in five, Lipper’s mixed-asset CEFs (+0.66%) outperformed its two equity-based brethren: world equity CEFs macro-group (-1.57%) and domestic equity CEFs (-1.59%). For the first month in five, the Utility CEFs classification