Daily dividend news for investors in dividend stocks

First Quarter 2014 CEF Review And Outlook: Discounts, Yield, IPOs And Activist Activity

Published Tue, 15 Apr 2014 12:03:03 -0400 on Seeking Alpha

This article is the summary from our Quarterly CEF Research call on April 9, 2014. You can view slides or watch the replay on our Blog. This article roughly follows the slide deck. According to our CEF Universe Service dated March 31, 2014, during the first quarter of 2014 the closed-end fund universe ended with 595 funds totaling $259B in total net assets, which reflects an asset growth of about 3% year-to-date. There were 227 total Equity funds and 368 total Bond funds. The average discount to NAV is -6.7% and the average market price yield is7.1%. In general, discounts have been fairly stable during this quarter vs. their previous 9 months of general discount widening. CEF Yield, Volume and Liquidity: At current market prices and distribution policies, 89% of all CEFs yield over 5% and 53.1% of all CEFs yield between 6.5% and 10%, which... Read more

Stock name Last trade   P/E Earnings/Share Dividend/Share Dividend yield
H&Q HEALTHCARE INVESTORS 19.76   0.0 0.00 1.84 9.31
H&Q LIFE SCIENCES INVESTORS 16.51   0.0 0.00 0.00 9.00
ROYCE VALUE TRUST 13.87   0.0 0.00 1.24 8.92
INVESCO VAN KAMPEN BOND FUND 18.89   0.0 0.00 0.83 4.42


Older articles featuring H&q Healthcare Investors (HQH):
Pace Of Dividend Cuts Accelerates In February 2019
High Yield Strategy Fails Again
Dividends By The Numbers For May 2018
Share In Healthcare And Biotech Gains With A 9.5% Yield
High-Yield Investing: Strategy For 2017, Risks And Sectors Set To Outperform
Retirement Income: High-Yield, Sustainable Capital CEF Portfolio Continues To Shine At One Year
Are CEF Investors Getting Suckered Into High Yields?
Best 'High Yield Sectors' For Income And Growth - To Consider Today
An In-Depth Look At The Extended Valuation Of Defensive And Income-Yielding Equity Sectors
Retirement Security Amid Global Crises: The Problem Of Cutting Risk And Maintaining Yield