M28 BARRON’S October 26, 2020
Nuv Dow 30 Dyn Overwrite (DIAX) .. N 15.76 13.53 – 14.1 – 17.2
NuvCorEqAlpha (JCE) ..................... N 14.49 13.11 – 9.5 – 0.7
NuveenDiversDiv&Inc (JDD) .......... N 9.36 7.78 – 16.9 – 21.2
Nuveen Nasdaq 100 Dyn Ov (QQQX) N 25.09 23.98 – 4.4 11.8
Nuv Real Est (JRS) .......................... A 9.05 7.74 – 14.5 – 20.9
Nuveen Rl Asst Inc & Gro (JRI) ........ N 14.69 12.18 – 17.1 – 24.0
NuvS&P500DynOvFd (SPXX) ......... N NA 13.50 NA – 6.8
NuvSP500BuyIncFd (BXMX) .......... N 13.16 11.39 – 13.4 – 7.3
PIMGlbStkPI (PGP) ........................ N 8.11 8.23 + 1.5 – 18.8
ReavesUtilityIncome (UTG)-a .......... A 32.38 32.66 + 0.9 – 6.0
RMR Mortgage Trust (RMRM) ........ A NA 7.83 NA – 59.2
Salient Midstream & MLP (SMM) ... N 5.27 3.76 – 28.7 – 45.0
Tortoise Energy Ind (NDP) .............. N 14.49 10.74 – 25.9 – 64.0
Tortoise Enrgy Infra Crp (TYG) ........ N 22.01 16.32 – 25.9 – 76.5
Tortoise Ess Asst Inc Tm (TEAF)-a .... N 15.15 11.37 – 25.0 – 20.6
Tortoise Midstream Enrgy (NTG) .... N 22.30 15.97 – 28.4 – 84.7
Tortoise Pipelne & Enrgy (TTP) ....... N 17.69 12.70 – 28.2 – 73.0
Tortoise Pwr & Engy Infr (TPZ)-a ...... N 12.04 8.69 – 27.8 – 43.5
Wells Fargo Ut & Hi Inc (ERH) ......... A 12.80 12.26 – 4.2 – 5.1
Income&PreferredStockFunds
BlackRock Capital Alloc (BCAT) ...... N 20.13 20.54 + 2.0 NS
CalamosStratTot (CSQ) .................. N 14.21 13.91 – 2.1 16.2
CohenStrsLtdDurPref&Inc (LDP) ... N 24.89 23.49 – 5.6 – 0.9
CohenStrsSelPref&Income (PSF) ... N 25.64 25.51 – 0.5 – 6.4
Del Div & Inc (DDF)-a ....................... N 9.07 8.17 – 9.9 – 39.0
Dividend and Income (DNIF) ........... O 14.56 NA NA NA
FirstTrIntDurPref&Inc (FPF) ........... N 22.89 21.90 – 4.3 – 0.7
Gabelli Go Anywhere Tr (GGO) ........ N 11.97 NA NA NA
JHanPrefInc (HPI) .......................... N 18.96 18.80 – 0.8 – 11.0
JHPrefIncII (HPF) ........................... N 18.64 18.00 – 3.4 – 13.0
HnckJPfdInco III (HPS) .................. N 16.68 16.06 – 3.7 – 9.3
J Han Prm (PDT) ............................. N 13.35 12.94 – 3.1 – 19.7
LMP CapInco (SCD) ........................ N NA 10.43 NA – 15.9
Nuveen Pref & I 2022 Trm (JPT) ...... N 23.33 22.70 – 2.7 – 1.9
Nuveen Pref & Inc Opp (JPC) .......... N 9.16 8.52 – 7.0 – 8.2
Nuveen Fd (JPS) ............................. N 9.33 8.92 – 4.4 – 4.1
Nuveen Pref & Inc Term (JPI) .......... N 23.21 21.99 – 5.3 – 6.5
Nuveen TxAdvDivGr (JTD) .............. N 15.03 12.91 – 14.1 – 15.9
TCW Strat Income (TSI) .................. N 5.74 5.74 + 0.0 6.5
ConvertibleSec's.Funds
AdvntCnvrtbl&IncFd (AVK) ............. N 16.86 14.21 – 15.7 6.8
AllianzGI Con & Inc 2024 (CBH) ...... N 9.84 8.99 – 8.6 0.5
GI Conv & Inc (NCV) ....................... N 5.53 4.77 – 13.7 – 5.9
AGI Conv & Inc II (NCZ) ................... N 4.95 4.25 – 14.1 – 5.3
AGI Dvs Inc & Conv (ACV) ............... N 30.52 26.75 – 12.4 24.7
AGI Eqty & Conv Inc (NIE) ............... N 28.80 25.33 – 12.0 24.452Week
Stock Market Prem Market
FundName(Symbol) Exch NAV Price /Disc ReturnBancroft Fund Ltd (BCV) ................. A 30.33 25.88 – 14.7 17.2
CalamosConvHi (CHY) ................... N 13.85 12.21 – 11.8 20.0
CalmosConvOp (CHI) ..................... N 13.14 11.48 – 12.6 18.2
Ellsworth G&I Fund Ltd (ECF) .......... A 13.69 11.85 – 13.4 19.6
Gabelli Conv Sec (GCV) ................... N 6.04 5.50 – 8.9 8.4
HiIncBd (PCF) ................................. N 8.52 8.09 – 5.0 5.8
WorldEquityFunds
AbrdnAusEq (IAF) ........................... A 5.45 4.73 – 13.2 2.3
Aberdeen Emg Mkts Eq Inc (AEF) .... A 8.08 6.82 – 15.6 – 1.3
Aberdeen Glbl Dyn Div (AGD) .......... N 10.77 9.21 – 14.5 2.8
Aberdeen Japan Equity (JEQ) .......... N 9.99 8.32 – 16.7 13.7
Aberdeen Tot Dyn Div (AOD) ........... N 9.28 7.88 – 15.1 2.7
Calamos GloDynInc (CHW) ............. N 8.53 8.50 – 0.4 17.7
Cdn Genl Inv (CGI)-y ........................ T 43.44 28.10 – 35.3 NA
Central and Eastern Euro (CEE) ....... N 24.03 20.30 – 15.5 – 19.6
China (CHN) ................................... N 31.78 28.29 – 11.0 51.7
Delaware Enh Gl Div & In (DEX)-a ..... N 9.96 9.07 – 8.9 3.6
EV TxAdvGlbDivInc (ETG)-a ............. N 17.37 15.29 – 12.0 0.6
EtnVncTxAdvOpp (ETO)-a ................ N 23.95 21.44 – 10.5 – 9.2
Economic Inv Tr (N/A)-cy ................. T 147.76 96.00 – 35.0 NA
European Equity Fund Inc (EEA) ...... N 10.97 9.21 – 16.0 5.9
FirstTrAbEmergOp (FEO) ................ N 14.53 12.56 – 13.6 5.5
FirstTr Dyn Euro Eq Inc (FDEU) ....... N 12.00 10.16 – 15.3 – 24.0
Gabelli Gl Sm&Mid Cp Val (GGZ) ..... N 12.91 10.46 – 19.0 1.2
Gabelli Multimedia (GGT)-h ............. N 6.87 6.63 – 3.5 – 4.8
GDL Fund (GDL) ............................. N 10.73 8.45 – 21.2 – 2.9
Herzfeld Caribb (CUBA) .................. O 5.21 3.80 – 27.1 – 37.0
Highland Global Alloc (HGLB)-a ....... N 9.53 5.85 – 38.6 – 28.5
India Fund (IFN) .............................. N 20.24 17.00 – 16.0 – 6.5
J Han Hdgd Ety & Inc (HEQ) ............ N 12.13 10.47 – 13.7 – 17.2
JHancockTaxAdv Gl Sh Yld (HTY) ... N 6.09 5.08 – 16.6 – 18.0
Japan Smaller Cap (JOF) ................. N 10.05 8.28 – 17.6 1.0
Korea (KF) ...................................... N 37.22 31.26 – 16.0 11.8
LazardGlbTotRetInc (LGI) ............... N 18.06 15.69 – 13.1 10.4
MexicoEqandIncmFd (MXE) ........... N 10.23 8.37 – 18.2 – 23.8
Mexico (MXF) ................................. N NA 11.23 NA – 13.2
Miller/Howard High Inc E (HIE)-a ...... N 7.39 6.30 – 14.7 – 38.6
MS ChinaShrFd (CAF)-J ................... N 26.33 22.35 – 15.1 8.0
MS India (IIF) .................................. N 21.61 17.84 – 17.4 – 6.9
New Germany (GF) ......................... N 20.14 17.24 – 14.4 24.6
New Ireland (IRL) ........................... N 11.25 8.29 – 26.3 – 8.5
RENN Fund (RCG) .......................... A NA 1.44 NA – 4.1
Royce Global Value Trust (RGT) ...... N 14.27 13.39 – 6.2 30.9
Swiss Helvetia (SWZ) ..................... N 9.64 8.05 – 16.5 5.7
Templeton Dragon (TDF) ................ N 26.14 23.74 – 9.2 51.2
Templeton Em Mkt (EMF) ............... N 18.32 16.05 – 12.4 14.552Week
Stock Market Prem Market
FundName(Symbol) Exch NAV Price /Disc ReturnUnited Corps Ltd (UNC)-cy ............... T 158.02 95.48 – 39.6 2.8
Wells Fargo Gl Div Oppty (EOD) ....... N 5.08 4.35 – 14.4 – 10.1
U.S.MortgageBondFunds
BlckRk Income (BKT) ...................... N 6.26 6.11 – 2.4 6.7
First Trust Mtge Inc (FMY) .............. N 14.45 13.53 – 6.4 5.3
Invesco HI 2023 Tgt Term (IHIT) ..... N 8.33 7.98 – 4.2 7.5
Invesco HI 2024 Tgt Term (IHTA) .... N 8.50 7.90 – 7.1 7.0
Nuveen Mortgage and Inc (JLS) ...... N 21.60 18.73 – 13.3 5.8
Nuveen Multi-Market Inc (JMM)-c ... N 7.64 6.92 – 9.4 4.8
Vertical Capital Income (VCIF)-a ....... N NA 10.10 NA 3.3
Western Asset Mtg Oppty (DMO)-a .. N NA 13.40 NA 12.6
InvestmentGradeBondFunds
BlRck Core Bond (BHK) .................. N 16.04 15.62 – 2.6 5.1
BR Credit Alloc Inc (BTZ) ................. N 15.12 13.88 – 8.2 7.0
BR Enhcd Govt (EGF) ...................... N 13.39 12.89 – 3.7 3.6
Insight Select Income (INSI)-a ......... N 21.72 20.72 – 4.6 4.1
InvescoBond (VBF) ......................... N 21.26 19.96 – 6.1 3.8
J Han Income (JHS) ........................ N 16.05 15.26 – 4.9 4.9
MFS Govt Mkts (MGF) .................... N 4.74 4.63 – 2.3 7.5
MFS Intmdt (MIN) .......................... N 3.95 3.75 – 5.1 9.1
Western Asset Inf-Lk Inc (WIA)-a ..... N NA 12.25 NA 3.2
Western Asset Inf-Lk O&I (WIW)-a .. N NA 11.39 NA 3.6
WA Investment Grade Inc (PAI)-a ..... N NA 15.32 NA 3.9
WesternAssetPremBd (WEA)-a ....... N NA 13.12 NA 6.1
Westn Asst IG Def Opp Tr (IGI)-a ...... N NA 20.74 NA 4.1
LoanParticipationFunds
Apollo Senior Floating (AFT) ........... N NA 12.81 NA 7.8
BR Debt Strategy (DSU) .................. N 11.27 9.79 – 13.1 8.5
BR F/R Inc Str (FRA) ....................... N 13.49 11.42 – 15.3 8.2
BlackRock Floatng Rt Inc (BGT) ...... N 13.09 11.18 – 14.6 8.1
Blackstone / GSO Strat (BGB)-a ........ N 13.77 11.96 – 13.1 9.98
Blackstone/GSO LS Cr Inc (BGX)-a ... N 14.44 12.73 – 11.8 10.5
Blackstone/GSO Sr Flt Rt (BSL)-a ..... N 15.33 13.43 – 12.4 8.6
BNY Mellon Alct GCI 2024 (DCF) ..... N 8.62 7.77 – 9.9 7.8
Eagle Point Credit (ECC) .................. N NA 8.40 NA 19.4
Eagle Point Income (EIC) ................ N NA 13.16 NA 9.7
Eaton Vance F-R 2022 TT (EFL) ....... N NA 8.52 NA 5.5
EtnVncFltRteInc (EFT)-a .................. N NA 12.78 NA 7.9
EtnVncFltRteIncPlus (EFF)-a ............ N NA 14.60 NA 6.2
EV SenFlRtTr (EFR)-a ....................... N NA 12.43 NA 8.1
EVSnrIncm (EVF) ........................... N NA 5.95 NA 6.8
First Eagle Senior Loan (FSLF) ........ N 15.25 12.73 – 16.5 9.0
FT/Sr Fltg Rte Inc 2 (FCT) ................ N 12.52 10.82 – 13.6 9.8
FT/Sr Fltg Rte 2022 TgTr (FIV) ......... N 9.18 8.46 – 7.8 3.3
Highland Income (HFRO)-a .............. N 12.49 8.03 – 35.7 10.7
InvDYCrOpp (VTA) ......................... N 11.01 9.31 – 15.4 9.7
InvSnrIncTr (VVR) .......................... N 4.27 3.57 – 16.4 7.5
Nuveen Credit Strat Inc (JQC) ......... N 6.87 5.86 – 14.7 18.4
NuvFloatRateIncFd (JFR) ................ N 9.55 8.05 – 15.7 8.0
NuvFloatRteIncOppty (JRO) ........... N 9.45 7.98 – 15.6 7.9
Nuveen Senior Income (NSL) .......... N 5.61 4.74 – 15.5 8.5
Nuveen Sht Dur Crdt Opp (JSD) ...... N 14.22 12.24 – 13.9 8.2
PionrFltRate Tr (PHD) ..................... N 10.93 10.09 – 7.7 6.7
WA Corporate Loan (TLI)-a .............. N NA 9.23 NA 8.3
HighYieldBondFunds
Aberdeen Inc Credit Str (ACP) ......... N 10.43 9.64 – 7.6 14.3
AllianceBernGlHiIncm (AWF) .......... N 12.27 10.44 – 14.9 7.4
Angel Oak Dynmc FS I Trm (DYFN) .. N 20.18 17.65 – 12.5 NS
Angel Oak FS Inc Trm (FINS) ........... N 18.56 16.88 – 9.1 7.6
Barings Glb SD HY Bd (BGH)-a ......... N 15.11 13.13 – 13.1 11.2
BR Corporate HY (HYT) .................. N 11.50 10.83 – 5.8 8.7
BlackRock Ltd Dur Inc (BLW) .......... N 16.36 14.67 – 10.3 8.0
BNY Mellon Hi Yield Str (DHF) ......... N 3.14 2.71 – 13.7 9.5
Brookfield Real Asst Inc (RA) .......... N NA 16.48 NA 14.4
CrSuisHighYld (DHY) ..................... A 2.41 2.11 – 12.4 9.6
CSAM Income Fd (CIK) ................... A 3.26 2.98 – 8.6 9.1
DoubleLine Inc Sol (DSL) ................ N 16.13 15.96 – 1.1 11.5
DoubleLine Yld Opps (DLY) ............ N 19.22 17.37 – 9.6 NS
EVHiInc2021 (EHT) ........................ N NA 9.50 NA 3.9
First Tr Hi Inc Lng/Shrt (FSD) .......... N 15.90 13.73 – 13.6 9.4
First Trust HY Opp:2027 (FTHY) ...... N 20.69 20.40 – 1.4 NS
Franklin Univ (FT) ........................... N 8.44 6.96 – 17.5 5.6
InvHighIncTrII (VLT) ...................... N 14.24 12.29 – 13.7 9.4
IVY HIGH INCOME OPP (IVH) ......... N 13.66 11.83 – 13.4 10.3
MFS IntmdHgInc (CIF) .................... N 2.42 2.34 – 3.3 9.96
NeubHgYldStrt (NHS) ..................... N 11.97 11.02 – 7.9 9.7
New Amer Hi Inc (HYB) ................... N 9.50 8.29 – 12.7 7.0
NexPointStratOppty (NHF) ............. N 16.87 9.16 – 45.7 19.6
Nuveen CI 2023 Target (JHAA) ........ N 9.73 9.50 – 2.4 6.0
Nuveen CI Nov 2021 Tgt (JHB) ........ N 9.42 9.07 – 3.7 4.8
Nuveen Crdt Opps 2022 TT (JCO) .... N 8.20 7.93 – 3.3 7.1
Nuveen Global High Inc (JGH) ......... N 16.01 13.86 – 13.4 8.5
Nuveen Hi Inc 2020 Trgt (JHY) ........ N 9.53 9.50 – 0.3 1.9
PGIM Global High Yield (GHY) ........ N 15.42 13.03 – 15.5 9.5
PGIM High Yield Bond (ISD) ........... N 16.01 13.78 – 13.9 9.1
PioneerHilncmTr (PHT) .................. N 8.79 8.03 – 8.6 9.3
Wells Fargo Income Oppty (EAD) .... A 8.49 7.34 – 13.5 9.6
WstAstHIF II (HIX)-a ........................ N NA 6.55 NA 9.1
Western Asset Hi Inc Opp (HIO)-a .... N NA 4.99 NA 7.8Friday,October23,2020
GeneralEquityFunds
Adams Diversified Equity (ADX) ...... N 19.42 16.56 – 14.7 12.8
Boulder Growth & Income (BIF)-a .... N 12.34 10.01 – 18.9 – 6.8
Central Secs (CET)-c ........................ A 37.07 29.36 – 20.8 – 4.3
CohenStrsCEOppFd (FOF) .............. N 11.61 10.82 – 6.8 – 10.0
Eagle Capital Growth (GRF)-c ........... A NA 7.10 NA – 4.4
EVTxAdvDivIncm (EVT)-a ................ N 22.18 19.78 – 10.8 – 12.1
Equus II (EQS) ................................ N NA 1.19 NA – 26.5
Foxby Corp. (FXBY) ........................ O 3.20 NA NA NA
GabelliDiv&IncTr (GDV) ................. N 22.34 18.89 – 15.4 – 1.8
Gabelli Equity Tr (GAB)-h ................. N 5.24 5.71 + 9.0 8.0
GeneralAmer (GAM) ....................... N 42.37 34.73 – 18.0 0.0
JHancockTaxAdvDiv (HTD) ............ N 22.59 19.93 – 11.8 – 20.8
Librty AllStr Eq (USA) ..................... N 6.80 6.13 – 9.9 4.9
Librty AllStr Gr (ASG)-h ................... N 7.39 7.67 + 3.8 38.0
NuvTaxAdvTRStrat (JTA) ............... N 9.64 8.17 – 15.2 – 21.1
Royce Micro-Cap Tr (RMT) ............. N 9.86 8.28 – 16.0 11.0
Royce Value Trust (RVT) ................. N 15.95 13.56 – 15.0 5.8
Source Capital (SOR) ...................... N 42.34 37.31 – 11.9 3.4
Special Opportunities (SPE) ............ N NA 12.01 NA – 5.1
Sprott Focus Trust (FUND) .............. O 7.38 6.16 – 16.5 – 3.2
Tri-Continental (TY) ........................ N 30.81 26.77 – 13.1 5.7
SpecializedEquityFunds
Aberdeen Glb Prem Prop (AWP) ..... N 5.51 4.63 – 16.0 – 20.3
Aberdeen Std Gl Infra I (ASGI) ......... N 20.11 17.10 – 15.0 NS
Adams Natural Resources (PEO) .... N 11.79 9.94 – 15.7 – 33.8
AllianzGI AI & Tech Opps (AIO) ....... N 25.68 22.77 – 11.3 NS
GI DivInt&PremStr (NFJ) ................ N 14.29 12.14 – 15.0 6.4
ASA Gold & Prec Met Ltd (ASA) ....... N 25.15 21.12 – 16.0 68.8
BR Enh C&I (CII) ............................. N 17.76 15.83 – 10.9 3.5
BlackRock Energy & Res (BGR) ...... N 6.82 5.96 – 12.6 – 42.5
BlackRock Eq Enh Div (BDJ) ........... N 8.51 7.45 – 12.5 – 11.2
BlackRock Enh Glbl Div (BOE) ......... N 11.47 9.76 – 14.9 1.1
BlackRock Enh Intl Div (BGY) .......... N 6.14 5.37 – 12.5 6.8
BlackRock Hlth Sci Tr II (BMEZ) ...... N 27.17 24.41 – 10.2 NS
BlackRock Hlth Sciences (BME) ...... N 43.43 43.63 + 0.5 19.7
BlackRock Res & Comm (BCX) ....... N 7.31 6.02 – 17.6 – 13.2
BlackRock Sci&Tech Tr II (BSTZ) .... N 30.82 27.80 – 9.8 49.1
BlackRock Sci&Tech Trust (BST) .... N 44.57 44.71 + 0.3 55.3
BlackRock Utl Inf & Pwr (BUI) ......... N 22.42 23.28 + 3.8 10.4
CBRE ClrnGlbRlEst (IGR)-a .............. A 7.34 5.89 – 19.8 – 18.0
CLEARBRIDGE ENGY MDS OPP (EMO) N NA 10.22 NA – 72.4
CLEARBRIDGE MLP&MDSTM TR (CTR) N NA 11.61 NA – 69.1
ClearBridge MLP & Midstm (CEM) .. N NA 13.49 NA – 71.9
Cntr Cst Brkfld MLP&EI (CEN) ......... N 11.16 8.05 – 27.9 – 84.9
ChnStrInfr (UTF) ............................. N 23.82 23.28 – 2.3 – 5.7
COHEN & STEERS MLP INC&E (MIE) N 2.34 1.71 – 26.9 – 75.4
Cohen&SteersQualInc (RQI) ........... N 12.31 10.95 – 11.0 – 22.2
Cohen&Steers TotRet (RFI) ............ N 12.52 11.90 – 5.0 – 14.8
CohenStrsREITPrefInc (RNP) ......... N 22.33 20.45 – 8.4 – 9.9
Columbia Sel Prm Tech Gr (STK) ..... N 23.27 22.84 – 1.8 12.7
CushingMLPTotRet (SRV)-d ............ N 23.95 17.06 – 28.8 – 49.3
Cushing NextGen Inf Inc (SZC) ........ N 40.87 28.36 – 30.6 – 37.6
DNP Select Income (DNP) .............. N 9.14 10.07 + 10.2 – 15.1
Duff&Ph Uti&Infra Inc Fd (DPG) ...... N 12.93 11.00 – 14.9 – 20.4
Duff&Ph Sel MLP&MS Engy (DSE). N 0.52 0.40 – 24.0 – 89.1
EtnVncEqtyInc (EOI)-a ..................... N NA 14.72 NA 3.9
EtnVncEqtyIncoII (EOS)-a ................ N NA 19.07 NA 21.2
EVRskMnDvsEqInc (ETJ)-a ............. N 9.84 9.75 – 0.9 15.7
ETnVncTxMgdBuyWrtInc (ETB)-a .... N 13.90 13.68 – 1.6 – 6.0
EtnVncTxMgdBuyWrtOpp (ETV)-a ... N 13.77 13.95 + 1.3 3.6
EvTxMnDvsEqInc (ETY)-a ................ N 12.16 11.00 – 9.5 1.5
EtnVncTxMgdGlbB (ETW)-a ............ N 9.71 8.68 – 10.6 – 2.5
EVTxMnGblDvEqInc (EXG)-a ........... N 8.56 7.74 – 9.6 2.9
First Trust Energy Inc G (FEN)-a ....... A 12.18 9.93 – 18.5 – 46.7
First Tr Enhanced Eq (FFA) .............. N 16.91 15.41 – 8.9 4.3
First Tr Specialty Fn (FGB) ............... N 2.91 2.55 – 12.4 – 54.4
FirstTrEnergyInfra (FIF) .................. N 12.12 9.79 – 19.2 – 33.7
FirstTrMLPEner&Inc (FEI) .............. N 6.64 5.37 – 19.1 – 45.4
Gab Gl Util & Inc (GLU)-h ................. A 17.67 16.33 – 7.6 – 6.2
Gabelli Healthcare (GRX)-h .............. N 12.80 10.75 – 16.0 10.3
Gab Utility (GUT)-h .......................... N 4.09 7.60 + 85.8 16.5
GAMCOGlGold&NatRes (GGN) ....... A 3.95 3.44 – 12.9 – 4.7
GAMCO NR GLD & INC TR (GNT) .... N 5.80 4.99 – 14.0 – 5.9
J Han Finl Opptys (BTO) .................. N 23.07 24.01 + 4.1 – 20.9
Macquarie/FirstTr Gl (MFD) ............ N 9.34 7.80 – 16.5 – 15.8
Madison CovCall & Eq Str (MCN) .... N 6.90 6.06 – 12.2 9.0
Neuberger Brmn MLP & EI (NML) ... N 3.73 2.59 – 30.6 – 58.3
NubrgrRlEstSec (NRO) ................... A 4.06 3.81 – 6.2 – 23.9
Weekly Closed-End Funds
TRACKING CLOSED - END FUNDS
The Herzfeld Closed-End Average measures 15 equally-weighted closed-end funds based in the U.S. that invest principally in
American equities. The net assest value is a weighted average of the funds' NAVs. Source: Thomas J. Herzfeld Advisors Inc., Miami.
305-271-1900/www.herzfeld.com51000
45600
40200
34800
29400
24000
18600
1Q 20 2Q 20 3Q 20 4Q 20*Herzfeld
Closed-End
Average
Dow Industrials
55100
50700
46300
41900
37500
1Q 2Q 3Q 4QNet Asset Value
-4
-7
-10
-13
-16
1Q 20 2Q 20 3Q 20 4Q 20% Disc/Prem From Net Asset Value
52Week
Stock Market Prem Market
FundName(Symbol) Exch NAV Price /Disc Return
52Week
Stock Market Prem Market
FundName(Symbol) Exch NAV Price /Disc ReturnQuiet Before the Storm:As investors count the days until the election, volatility
appeared muted. The Herzfeld Average edged up 0.2% and the Dow slipped 0.5%,
for the week ended Thursday.
Data provided bya-NAV and market price are ex dividend. b-NAV is fully diluted. c-
NAV is as of Thursday’s close. d-NAV is as of Wednesday’s close.
e-NAVassumesrightsofferingisfullysubscribed.f-Rightsoffering
inprocess.g-Rightsofferingannounced.h-Lipperdatahasbeenad-
justed for rights offering. j-Rights offering has expired, but Lipper
data not yet adjusted. l-NAV as of previous day. o-Tender offer in
process. Source: Lipper
Market SentimentLAST+0.66
Citigroup Panic/Euphoria Model
-1.2
-0.8
-0.4
0
0.4
0.8
S O N D J F M A M J J A SOEuphoria
Panic
The panic/euphoria model is a gauge of investor sentiment. It identifies "Panic" and "Euphoria" levels which are statistically driven buy and
sell signals for the broader market. Historically, a reading below panic supports a better than 95% likelihood that stock prices will be
higher one year later, while euphoria levels generate a better than 80% probability of stock prices being lower one year later.Source: Citigroup Investment Research - US Equity Strategy
1.2
1.5
1.41.3
1.2
1.11.0
0.9
0.80.7
0.6
0.50.4
0.3
0.20.1
Q4
17Q1
18Q2 Q3 Q4 Q1
19Q2 Q3 Q4 Q1
20Q2 Q3 Q4THREE YEAR TED SPREAD