- For the first month in three, equity CEFs on average witnessed positive returns, rising 1.91% on an NAV basis for March.
- While for the third consecutive month, fixed income CEFs posted returns in the red (-2.18%).
- Only 20% of all CEFs traded at a premium to their NAV at month-end, with 27% of equity CEFs and 14% of fixed income CEFs trading in premium territory.
- Natural Resources CEFs (+7.04%) posted the strongest one-month returns of the equity classifications in the CEF universe for March.
- For the third consecutive month, the Loan Participation CEFs (+0.06%) classification outpaced the other classifications in the fixed income CEF universe for March.
For further details see:
The Month In Closed-End Funds: March 2022