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Closed-End Fund News
Market Commentaries
Moderate Growth for Q2

Jul. 24, 2017 - First Trust -  Since the start of the economic recovery in mid-2009, real GDP has grown at an average annual rate of 2.1%. The second quarter of this year doesn’t look much different. Our calculations suggest real GDP grew at a 2.5% annual rate in Q2, exactly the same as the consensus forecast.
S&P 500 Index Companies Continue To Reward Shareholders

Jul. 22, 2017 - First Trust -  View from the Observation Deck
1. Today's blog post shows the surge in the amount of capital that S&P 500 Index companies have committed to stock dividends and stock buybacks since the quarter (Q1'09) in which the index bottomed in the last bear market.
2. As indicated in the chart, using first quarter data points,the S&P 500 Index increased its combined outlays (dividends + buybacks) from $83 billion in Q1'09 to $234 billion in Q1'17 (preliminary), or an increase of 181.93%.
Recent Commentaries
Are Convertible Bonds the Best of Both Worlds?
Sep. 08, 2017 - Morningstar, Inc. -  What Is a Convertible Bond?
Like a regular bond, a convertible bond pays coupons, but this security gives investors an option to convert the debt into equity if the issuing company’s share price rises above a prescribed price.
Does Your Global Fund Have Emerging Market Exposure?
Aug. 01, 2017 - Morningstar, Inc. -  Think your global equity fund is living up to its name? We reveal global equity funds' economic exposure to emerging markets
CEF Industry Reports
Broad universe, bright potential
Feb. 28, 2017 - Aberdeen Asset Management -  From Asia to Latin America, global emerging markets (GEM) comprise a broad universe and can offer good quality companies across sectors. A young workforce and growing middle-class population underpins its vast growth potential. Some countries, such as India and Indonesia, are stepping up their efforts on structural reforms, which bodes well for long-term growth. A wide choice of owner-operator businesses makes emerging markets particularly compelling.
Aberdeen Asia-Pacific Income Fund, Inc. (FAX)

Dec. 21, 2016 - Aberdeen Asset Management -  How has your positioning changed in light of the U.S. election?
Some months ago, we began to withdraw from some of the high-yield markets because they looked over-bought. The Asia premium - that is, the carry you get from taking the same risk in an Asian credit as you would in an equivalent U.S. or global credit - had been falling.
Featured CEF Fund Reports
Broad universe, bright potential
Feb. 28, 2017 - Aberdeen Asset Management -  From Asia to Latin America, global emerging markets (GEM) comprise a broad universe and can offer good quality companies across sectors. A young workforce and growing middle-class population underpins its vast growth potential. Some countries, such as India and Indonesia, are stepping up their efforts on structural reforms, which bodes well for long-term growth. A wide choice of owner-operator businesses makes emerging markets particularly compelling.
Aberdeen Asia-Pacific Income Fund, Inc. (FAX)

Dec. 21, 2016 - Aberdeen Asset Management -  How has your positioning changed in light of the U.S. election?
Some months ago, we began to withdraw from some of the high-yield markets because they looked over-bought. The Asia premium - that is, the carry you get from taking the same risk in an Asian credit as you would in an equivalent U.S. or global credit - had been falling.
Recent Event