Home   Logon   Mobile Site   Research and Commentary   About Us   Call 1.800.621.1675 or Email Us       Follow Us: 

Search by Ticker, Keyword or CUSIP       
 
 
 
Blog Home
Jeff Margolin
Closed-End Fund Analyst
Click for Bio

Follow Jeff on LinkedIn
Ryan Issakainen
ETF Strategist
Click for Bio

Follow Ryan on LinkedIn
 

  Closed-end Fund Review - Third Quarter 2021
Posted Under: CEFs
After two positive quarters to start the year, the total return for the average closed-end fund (CEF) was slightly lower during the third quarter but remains positive for 2021. Indeed, the average CEF returned -1.25% during the third quarter but is up 13.49% year-to-date (YTD) through 9/30/2021. Equity CEFs returned -2.22% during the quarter but remain up 21.36% YTD. The average fixed-income CEF declined -0.77% during the third quarter, with municipal CEFs returning -1.08% and taxable fixed-income CEFs declining -0.54%. Fixed-income CEFs are up 9.05% YTD, with municipal CEFs up an average of 7.06% YTD and taxable fixed-income CEFs up 10.64% YTD. (Source: Bloomberg)

Click here to continue reading.
Posted on Thursday, October 14, 2021 @ 9:49 AM • Post Link Share: 
Print this post Printer Friendly

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.
Search Posts


 PREVIOUS POSTS
Asset Flows Monitor October 2021 Edition
Rising Demand for Electric Vehicles Highlights the Need for Investments in the Power Grid: Which ETFs May Benefit?
Asset Flows Monitor September 2021 Edition
Near-term Catalysts May Provide Opportunity in Water
Alternatives Update 2nd Quarter 2021
Asset Flows Monitor August 2021 Edition
Closed-end Fund Review - Second Quarter 2021
FDN Reaches a New Milestone: Lessons Learned Over 15 Years
Asset Flows Monitor July 2021 Edition
Asset Flows Monitor June 2021 Edition
Archive
Skip Navigation Links.
Search by Topic
Skip Navigation Links.

 
The information presented is not intended to constitute an investment recommendation for, or advice to, any specific person. By providing this information, First Trust is not undertaking to give advice in any fiduciary capacity within the meaning of ERISA, the Internal Revenue Code or any other regulatory framework. Financial professionals are responsible for evaluating investment risks independently and for exercising independent judgment in determining whether investments are appropriate for their clients.
First Trust Portfolios L.P.  Member SIPC and FINRA. (Form CRS)   •  First Trust Advisors L.P. (Form CRS)
Home |  Important Legal Information |  Privacy Policy |  California Privacy Policy |  Business Continuity Plan |  FINRA BrokerCheck
Copyright © 2021 All rights reserved.