- For the ninth month in a row, equity CEFs on average posted positive returns, rising 0.18% on an NAV basis for July.
- While for the fifth month running, fixed-income CEFs posted plus-side returns (+0.60%).
- Thirty-four percent of all CEFs traded at a premium to their NAV, with 32% of equity CEFs and 35% of fixed-income CEFs trading in premium territory.
- Real Estate CEFs (+2.27%), for the first month in 10, posted the strongest one-month returns of the equity classifications in the CEF universe for July.
- For the third month in four, the Corporate Debt BBB-Rated CEFs (Leveraged) (+1.45%) classification posted the strongest plus-side returns in the domestic taxable fixed-income CEF macro group for July.
For further details see:
The Month In Closed-End Funds: July 2021