FYI: For the second consecutive month equity CEFs and fixed income CEFs on
average witnessed plus-side performance on a NAV basis (+3.25% and +2.01%,
respectively). For the third month in a row equity CEFs posted a positive return on a
market basis (+4.28%), and fixed income CEFs (+2.47%) posted a plus-side marketbased
return for the fifth month running. For the month of April most of the major
broad-based indices posted returns in the black. The Russell 2000 Price Only Index
(+1.51%), the Dow Jones Industrial Average Price Only Index (+0.50%), and the
S&P 500 Composite Price Only Index (+0.27%) managed to stay in the black, while
the NASDAQ Composite Price Only Index declined 1.94%. The Nikkei 225 Price
Only Index was one of the strongest performing indices in the global market, rising
4.47% for April.
Regards,
Ted
http://lipperalpha.financial.thomsonreuters.com/wp-content/uploads/2016/05/FMIR-US-CE-M-20160430-TR-JT.pdf