Our Privacy Statment & Cookie Policy
All LSEG websites use cookies to improve your online experience. They were placed on your computer when you launched this website. You can change your cookie settings through your browser.
The Financial & Risk business of Thomson Reuters is now Refinitiv
All names and marks owned by Thomson Reuters, including "Thomson", "Reuters" and the Kinesis logo are used under license from Thomson Reuters and its affiliated companies.
For the month 78% of all closed-end funds (CEFs) posted net asset value (NAV)-based returns in the black, with 74% of equity CEFs and 81% of fixed income CEFs chalking up returns in the plus column. A move toward out-of-favor energy-related assets helped the Energy MLP CEFs classification (+5.90%) remain at the top of the equity charts for the second month in a row, followed by Growth CEFs (+4.49%) and Natural Resources CEFs (+3.01%). For the second month in three municipal bond CEFs posted a plus-side return on average (+1.58%), bettering their domestic taxable bond CEFs (+0.27%) and world income CEFs (-2.10%) counterparts. In this report we highlight May 2018 CEF performance trends, premiums and discounts, and corporate actions and events.
Highlights:
Download our Closed-End Funds FundMarket Insight Report: The Month in Closed-End Funds: May 2018 here.
Lipper delivers data on more than 265,000 collective investments in 61 countries. Find out more.