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  Second Quarter 2017 CEF Review
Posted Under: CEFs

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%. Equity CEFs are now up on average 11.42% YTD, taxable fixed-income funds are up on average 8.93% YTD and municipal funds are up 6.02% YTD (Source: Morningstar. All data is share price total return).

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Posted on Thursday, July 20, 2017 @ 4:34 PM • Post Link Share: 
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These posts were prepared by First Trust Advisors L. P., and reflect the current opinion of the authors. They are based upon sources and data believed to be accurate and reliable. Opinions and forward looking statements expressed are subject to change without notice. This information does not constitute a solicitation or an offer to buy or sell any security.
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