FYI: For the third consecutive month equity CEFs on average witnessed a plus-side return
on a NAV basis, posting a 0.78% return for November. However, for the second month
in a row on a market basis equity CEFs on average suffered a loss (-0.16%). For the
second month in three their fixed income CEF counterparts, losing 0.18%, were in
the red on a NAV basis, and for the second consecutive month they posted a down-
side return on a market basis, declining 0.82%.
Regards,
Ted
http://lipperalpha.financial.thomsonreuters.com/wp-content/uploads/2017/12/FMIR-US-CE-M-20171130-TR.pdf
