May. 30, 2015 - Cohen & Steers -
We would like to share with you our review and outlook for the closed-end fund market as of May 31, 2015. For the month, the market price total return of the Morningstar U.S. All Taxable ex-Foreign Equity Closed-End Fund Index1 was −0.7%, while its return on net asset value (NAV) was +0.1%. Year to date, the index had a total return of +2.5% based on market price and +2.7% based on NAV. By comparison, the S&P 500 Index2 and the Barclays Capital U.S. Aggregate Bond Index3 had total returns of +1.3% and −0.2% for the month, and +3.2% and +1.0% for the year to date, respectively.