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Weekly Closed-End Fund Roundup: JQC Boosts Yield To 16%

Published Tue, 08 Jan 2019 10:18:24 -0500 on Seeking Alpha

(Note: As we didn't have the CEF Roundup last week due to my data guy being suddenly unavailable, this piece will cover the last two weeks of events. Hence, all statistics are being compared to data from two weeks ago.)
The Weekly Closed-End Fund Roundup will be put out at the start of each week to summarize recent price movements in closed-end fund [CEF] sectors in the last week, as well as to highlight recently concluded or upcoming corporate actions on CEFs, such as tender offers. Most of the information has been sourced from CEFInsight or the Closed-End Fund Center. I will also link to some articles from Seeking Alpha that I have found for useful reading over the past week. The searchable tag for this feature is "cildoc." Data are taken from the close of Friday, December 21, 2018.
Weekly performance roundup
0 out of 31 sectors were positive on price (down from 10 two weeks ago) and the average price return was -8.04% (down from -2.78%). Muni sectors lost the least, while equity sectors fared the worst, led by health/biotech (-16.33%), MLPs (-15.79%), tax-advantaged equity (-14.88%), covered call (-12.94%) and general equity (-12.48%).

(Source: Stanford Chemist, CEFConnect)
2 out of 31 sectors were positive on NAV (down from 11 two weeks ago), while the average NAV return was -4.31% (down from -1.17%). The only two positive sectors were Pennsylvania munis and New Jersey munis. MLPs fared the worst at -13.26%, followed by health/biotech... Read more

Stock name Last trade   P/E Earnings/Share Dividend/Share Dividend yield
INDIA FUND 20.30   0.0 0.00 0.00 45.77
CORNERSTONE STRATEGIC VALUE FUND 12.32   0.0 0.00 0.00 19.95
CORNERSTONE TOTAL RETURN FUND 12.01   0.0 0.00 0.00 19.80
OXFORD LANE CAPITAL 10.23   0.0 0.00 1.62 15.88
EAGLE POINT CREDIT 16.47   8.2 2.01 0.00 14.85
NICHOLAS-APP CONV & INCOME II 5.49   0.0 0.00 0.00 12.57
DELAWARE ENHANCED GLOBAL DIV AND INCOME FUND 9.58   0.0 0.00 0.00 11.09
SPECIAL OPPORTUNITIES FUND 13.12   0.0 0.00 0.00 11.05
CLOUGH GLOBAL ALLOCATION FUND 11.12   0.0 0.00 0.00 10.81
CLOUGH GLOBAL OPPORTUNITIES FUND 9.40   0.0 0.00 0.00 10.58
ROYCE VALUE TRUST 14.01   0.0 0.00 0.00 10.56
PIMCO GLOBAL STOCKSPLUS 14.40   0.0 0.00 0.00 10.17
CLOUGH GLOBAL EQUITY FUND 12.51   0.0 0.00 0.00 10.10
CS HIGH YIELD BOND FUND 2.35   0.0 0.00 0.00 9.83
MFS INTERMEDIATE HIGH INCOME FUND 2.39   0.0 0.00 0.00 9.78
ROYCE MICRO-CAP TRUST 8.64   0.0 0.00 0.00 9.72
MFS SPECIAL VALUE TRUST 5.43   0.0 0.00 0.00 9.67
PIMCO CORPORATE OPPORTUNITY FUND 16.73   0.0 0.00 0.00 9.32
MFS INTERMEDIATE INCOME TRUST 3.72   0.0 0.00 0.00 9.20
MFS CHARTER INCOME TRUST 7.74   0.0 0.00 0.00 8.82
MFS MULTIMARKET INCOME TRUST 5.55   0.0 0.00 0.00 8.70
COHEN & STEERS CLOSED-END OPPORTUNITY FUND 12.42   0.0 0.00 0.00 8.52
PIMCO CORPORATE INCOME FUND 16.30   0.0 0.00 0.00 8.28
TEMPLETON EMERGING MARKETS INCOME FUND 10.34   0.0 0.00 0.00 8.27
DELAWARE INVESTMENTS DIVIDEND & INCOME FUND 12.82   0.0 0.00 0.00 7.99
MFS GOVERNMENT MARKETS INCOME TRUST 4.41   0.0 0.00 0.00 7.72
FLAHERTY & CRUMRINE DYNAMIC PREFERRED ANDOME FUND 23.06   0.0 0.00 0.00 7.44
FLAHERTY & CRUMRINE/CLAYMORE TOTAL RETURN FUND 19.15   0.0 0.00 0.00 7.21
FLAHERTY & CRUMRINE/CLAYMORE PREF SEC INCOME FUND 18.70   4.4 4.25 0.00 7.19
EAGLE CAPITAL GROWTH FUND 7.57   0.0 0.00 0.00 7.08
ING PRIME RATE TRUST 4.71   0.0 0.00 0.00 6.88
FLAHERTY & CRUMRINE PREFERRED INCOME FUND 13.20   0.0 0.00 0.00 6.82
FLAHERTY & CRUMRINE PREF INCOME OPP FUND 11.48   0.0 0.00 0.00 6.53
BLACKROCK HEALTH SCIENCES TRUST 40.34   0.0 0.00 0.00 5.89
MFS HIGH INCOME MUNICIPAL TRUST 4.95   0.0 0.00 0.00 5.45
BLACKROCK MUNIYIELD INVESTMENT FUND 13.80   0.0 0.00 0.00 5.41
BLACKROCK MUNICIPAL INCOME INVESTMENT TRUST 12.94   0.0 0.00 0.00 5.39
WESTERN ASSET MANAGED MUNICIPALS FUND 13.15   0.0 0.00 0.00 5.29
BLACKROCK MUNIHOLDINGS QUALITY FUND II 12.10   0.0 0.00 0.00 4.85
BLACKROCK MUNIYIELD PENNSYLVANIA INSURED FUND 13.21   0.0 0.00 0.00 4.81
BLACKROCK MARYLAND MUNICIPAL BOND TRUST 13.73   0.0 0.00 0.00 4.17
BLACKROCK VIRGINIA MUNICIPAL BOND TRUST 16.04   0.0 0.00 0.00 4.12

INDIA FUND - IFN
INDIA FUND - IFN  


Older articles featuring India Fund (IFN):
Is The Dividend Relatively Safe?
10% Sale On Closed-End Dividend Funds
10% Dividend Yields From Closed-End Funds
Payback Periods For Discount CEFs With Dividends
30 Closed-End Funds With Dividends Over 10%
Investing in High Dividend Yielding Asset Management Stocks

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