The Active Investment Company Alliance (AICA) will be the premier 501(c)(6) non-profit trade association for listed closed-end funds, business development companies, interval and tender offer funds.
Membership will be broad-based globally across fund sponsors (member firm who manages a closed-ended management company, BDC or equivalent), or product sponsors (member firm who manages an investment product: open-end, UIT, ETF, CEF, SMA, LP where the underlying investments are focused on closed-ended management companies, BDC or equivalent).
Average CEF Universe Data
| #Funds | Current Disc/Prm | 10 Yr Avg Disc/Prm | Market Yield | 3 Yr Div Growth | 3 Yr RoC % | Leverage | Net Assets (MM) | 1 Yr Price St. Dev | 3 Yr NAV St. Dev | 90 Day $ Liquidity (M) | 90 Day Volume Trend | 90 Day Price/Nav Corr | Corr to 12 Sectors Index | Beta to S&P 500 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| US / Global Equity CEFs | 79 | -9.10% | -9.38% | 8.52% | 65.71% | 28.83% | 9.27% | $722 | 20.02 | 15.49 | 2278 | 0.11% | 77.76% | 68.24% | 0.71 |
| Sector Equity CEFs | 82 | -4.33% | -4.02% | 8.08% | 22.94% | 30.57% | 14.99% | $1504 | 19.19 | 15.13 | 15951 | -4.24% | 76.46% | 65.93% | 0.54 |
| Taxable Bond CEFs | 127 | -6.14% | -3.45% | 11.89% | 3.59% | 22.64% | 25.11% | $514 | 15.00 | 6.73 | 2658 | -4.17% | 56.17% | 64.74% | 0.53 |
| Debt Focused BDCs | 49 | -22.62% | -6.49% | 13.27% | -10.26% | 0.72% | 51.00% | $1662 | 29.21 | 5.46 | 12588 | 22.02% | N/A | 48.73% | 0.54 |
| Municipal (tax-free) CEFs | 79 | -2.86% | -5.77% | 5.98% | 45.02% | 20.99% | 32.84% | $610 | 10.13 | 7.15 | 1790 | -10.56% | 67.65% | 31.46% | 1.06 |
| All Listed CEFs/BDCs | 419 | -7.75% | -5.68% | 9.50% | 24.96% | 22.33% | 24.56% | $896 | 17.78 | 10.09 | 6170 | -1.74% | 62.15% | 57.07% | 0.64 |
| 1 Week(%) | 1 Month(%) | 3 Month(%) | 6 Month(%) | 1 Year(%) | 3 Year(%) | 5 Year(%) | 10 Year(%) | QTD(%) | YTD(%) | |||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Price | NAV | Price | NAV | Price | NAV | Price | NAV | Price | NAV | Price | NAV | Price | NAV | Price | NAV | Price | NAV | Price | NAV | |
| US / Global Equity CEFs | -2.15% | -2.20% | 0.18% | 0.58% | 7.11% | 6.21% | 10.64% | 11.29% | 28.12% | 25.36% | 17.06% | 15.44% | 8.97% | 8.21% | 11.17% | 9.93% | 4.86% | 4.82% | 4.86% | 4.82% |
| Sector Equity CEFs | -0.67% | -0.79% | 3.52% | 3.61% | 8.64% | 8.40% | 14.23% | 15.32% | 26.36% | 26.07% | 15.73% | 15.16% | 10.50% | 10.16% | 9.89% | 9.26% | 7.11% | 7.14% | 7.11% | 7.14% |
| Taxable Bond CEFs | -1.17% | -0.53% | -2.50% | -0.06% | -0.95% | 1.06% | -2.01% | 2.60% | 3.50% | 7.98% | 8.67% | 9.21% | 3.61% | 3.87% | 6.84% | 6.38% | -0.88% | 0.87% | -0.88% | 0.87% |
| Debt Focused BDCs | -2.39% | 0.09% | -6.13% | 0.42% | -7.75% | 0.61% | -13.18% | 2.61% | -17.77% | 4.83% | 1.10% | 7.37% | 4.28% | 8.31% | 7.14% | 7.24% | -7.87% | 0.70% | -7.87% | 0.70% |
| Municipal (tax-free) CEFs | -0.20% | -0.70% | 1.41% | 0.78% | 4.16% | 2.02% | 10.28% | 8.12% | 7.01% | 2.31% | 7.03% | 4.42% | 0.48% | -0.16% | 2.43% | 2.20% | 3.63% | 1.66% | 3.63% | 1.66% |
| All Listed CEFs/BDCs | -1.21% | -0.85% | -0.47% | 0.99% | 2.53% | 3.60% | 4.46% | 7.70% | 10.87% | 13.33% | 10.61% | 10.41% | 5.41% | 5.56% | 7.40% | 6.83% | 1.81% | 2.96% | 1.81% | 2.96% |
Visit The Fund Screener
- {{funddata}}
