Closed-End Fund Commentaries
Jul 20, 2017
Click here to access Closed-End Fund review - Second Quarter 2017
Second Quarter 2017 Overview
The second quarter of 2017 was another solid one for diversified closed-end fund (CEF) investors. The average fund was up 3.50% for the quarter and is now up 8.82% year-to-date (YTD). It was a broad based rally again this quarter with equity funds up on average 2.91%, taxable fixed-income funds up 4.10% and municipal funds up 3.60%.