One Deletion in S-Network Municipal Bond Closed-End Fund Index Semi-Annual Reconstitution
New York, NY, September 18, 2017 – The S-Network Municipal Bond Closed-End Fund Index (Ticker: CEFMX) will drop one constituent in its semi-annual reconstitution — effective 9:30 AM (EDT) Monday, October 2, 2017 — changing the number of index components to 69.
The deletion from CEFMX is BLACKROCK MUNIHOLDINGS FD II (TICKER: MUH US).
The S-Network Municipal Bond Closed-End Fund Index (TICKER: CEFMX) is a mutual fund index designed to serve as a benchmark for closed-end funds listed in the US that are principally engaged in asset management processes designed to produce federally tax-exempt annual yield. CEFMX employs a modified total net assets weighting methodology designed to assure accurate investment exposure across the various business segments that together comprise the federally tax-exempt annual yield sector of the closed-end fund market.
Detailed information on the S-Network Municipal Bond Closed-End Fund Index is available at www.closedendfundindex.com. Data is also available through most vendors of financial data.
Index: S-Network Municipal Bond Closed-End Fund Price Index TICKER: CEFMX
Index: S-Network Municipal Bond Closed-End Fund Total Return Index TICKER: CEFMXTR
S-Network Global Indexes, Inc. is a publisher and developer of proprietary and custom indexes. Founded in 1997, S-Network publishes over 200 indexes, which serve as the underlying portfolios for financial products with approximately USD 7 billion in assets under management. S-Network indexes, which are supported by a state-of-the-art technology platform, are known for their transparency and efficiency. More...
Three Deletions in S-Network Municipal Bond Closed-End Fund Index Semi-Annual Reconstitution
Sep 24, 2018
Two Additions and Five Deletions in S-Network Composite Closed-End Fund Index Quarterly Reconstitution
Sep 24, 2018
One Deletion in S-Network Bank Loan/Short Duration Closed-End Fund Index Semi-Annual Reconstitution
Jun 20, 2018
S-Network Global Indexes, Inc.
267 Fifth Avenue, Suite 508
Phone: (646) 467-7928