• S-Network Global Indexes
  • Posted September 24, 2018

Two Additions and Five Deletions in S-Network Composite Closed-End Fund Index Quarterly Reconstitution

New York, NY, Monday, September 24, 2018 – The S-Network Composite Closed-End Fund Index (Ticker: CEFX) will add two constituents and drop five constituents in its quarterly reconstitution — effective 9:30 AM (EDT) Monday, October 1, 2018 — changing the number of index components to 137.

 

The additions to CEFX are: HIGH INCOME SECURITIES FUND (TICKER: PCF US), NEXPOINT STRATEGIC OPPORTUNI (TICKER: NHF US).

 

The deletions from CEFX are: PIMCO CORPORATE & INCOME STR (TICKER: PCN US), STONE HARBOR EMER MKT INC (TICKER: EDF US), FLAH & CRUM PREFERRED INCOME (TICKER: PFD US), NUVEEN H-I 2020 TGT TRM FD (TICKER: JHY US), BLACKSTONE/GSO LONG-SHORT CR (TICKER: BGX US).

 

The changes will affect the sub-indexes of CEFX as follows:

 

The S-Network High Yield Fixed Income Closed-End Fund Index (Ticker: CEFHYX) will add HIGH INCOME SECURITIES FUND (TICKER: PCF US) and NEXPOINT STRATEGIC OPPORTUNI (TICKER: NHF US), and drop STONE HARBOR EMER MKT INC (TICKER: EDF US), NUVEEN H-I 2020 TGT TRM FD (TICKER: JHY US) and BLACKSTONE/GSO LONG-SHORT CR (TICKER: BGX US).

 

The S-Network Investment Grade Fixed Income Closed-End Fund Index (Ticker: CEFIGX) will drop PIMCO CORPORATE & INCOME STR (TICKER: PCN US) and FLAH & CRUM PREFERRED INCOME (TICKER: PFD US).

 

 

Complete lists of constituents and weights will be posted on the S-Network Composite Closed-End Fund Index website (www.closedendfundindex.com) 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. 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 Price Index TICKER: CEFX

 

Index: S-Network Composite Closed-End Fund Total Return Index TICKER: CEFXTR

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