CEFX S-Network Composite Closed-End Fund Index

The Index currently includes about 140 closed-end funds that invest in taxable investment grade fixed-income securities, taxable high yield fixed-income securities, and other closed end funds that utilize an equity option writing (selling) strategy. The index selects from a starting universe of 200+ fixed income and option income closed-end funds, and then eliminates certain funds based on size and trading volume. The Index also eliminates any funds with a total expense ratio > 2% and funds trading at premiums > 20%. The Index weights each closed end fund using each fund's net assets, but it adjusts the weighting based on how much the fund is trading at a premium or discount to net asset value.

689.01
As of 05/17/2019


Index Information
Provider:     S-Network Global Indexes
Category1:  Special Security Types
Category2:  Closed end funds
Category3:  
Currency:    USD
Inception date:  10/29/2009
Backtesting data exists:   Yes
Weighting methodology:   Other
Number of holdings:  141  (as of 01/05/2018)
Total return version:  CEFXTR


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