• S-Network Global Indexes, Inc.
  • Posted March 22, 2016

Update to S-Network Composite Closed-End Fund Index Quarterly Reconstitution Press Release

New York, NY, March 22, 2016 — The S-Network Composite Closed-End Fund Index (TICKER: CEFX) will drop an additional constituent its quarterly reconstitution—effective 6:00 PM (EST) Thursday, March 31, 2016—maintaining the number of index constituents at 145.

Global High Income Fund Inc (TICKER: GHI US) will be deleted from the index due to an upcoming liquidation to cash.

A complete list of constituents and weights will be posted on the S-Network Composite Closed-End Fund Index website (http://www.closedendfundindex.com/constituent-data?index=CEFX) as of the effective date.

The S-Network Composite Closed-End Fund Index is a fund index designed to serve as a benchmark for closed-end funds listed in the US that are principally engaged in asset management processes seeking to produce taxable annual yield. The CEFX employs a modified net assets weighting methodology designed to assure accurate investment exposure across the various style segments that together comprise the taxable yield sector of the closed-end fund market.

 

Detailed information on the S-Network Composite Closed-End Fund Index is available at www.closedendfundindex.com. Data is also available through most vendors of financial data.

Index: S-Network Composite Closed-end Fund Index (USD) TICKER: CEFX