Photo Source: REUTERS/Brendan McDermid. Traders work on the floor at the New York Stock Exchange in New York, U.S., May 30, 2019.
For the month, 43% of all CEFs posted NAV-based returns in the black, with only 14% of equity CEFs and 65% of fixed income CEFs chalking up returns in the plus column. For the first month in three, Lipper’s mixed-asset CEFs macro-group (-2.39%) mitigated losses better than or outpaced its two equity-based brethren: domestic equity CEFs (-3.30%) and world equity CEFs (-4.88%). For the first month in seven, the Real Estate CEFs classification