New York, NY (PRWEB) March 12, 2010
The S-Network Composite Closed-End Fund Index (TICKER: CEFX) will add sixteen new components, effective 6:00 PM (EDT) Sunday, March 21, 2010. Four funds will be deleted from the index, changing the number of index components to 82. The changes result from the quarterly rebalancing of the index.
Additions to CEFX are: Montgomery Street Income Securities (TICKER: MTS); Evergreen Income Advantage Fund (TICKER: EAD); BlackRock Floating Rate Income Strategies (TICKER: FRA); BlackRock Corporate High Yield Fund III (TICKER: CYE); Credit Suisse Asset Management Income Fund (TICKER: CIK); BlackRock Corporate High Yield Fund (TICKER: COY); BlackRock Floating Rate Income Strategies Fund II (TICKER: FRB); BlackRock Senior High Income Fund (TICKER: ARK); BlackRock Debt Strategies Fund (TICKER: DSU); Eaton Vance Tax-Managed Global Diversified Equity Income Fund (TICKER: EXG); Nicholas-Applegate International & Premium Strategy Fund (TICKER: NAI); Western Asset Investment Grade Defined Opportunity Trust (TICKER: IGI); Western Asset Global Corporate Defined Opportunity Fund (TICKER: GDO); Seligman Premium Technology Growth Fund (TICKER: STK); Nuveen Mortgage Opportunity Term Fund (TICKER: JLS); Federated Enhanced Treasury Income Fund (TICKER: FTT).
Deletions from CEFX are: Eaton Vance Limited Duration Income Fund (TICKER: EVV); First Trust/Aberdeen Global Opportunity Income Fund (TICKER: FAM); Highland Credit Strategies Fund (TICKER: HCF); Eaton Vance Senior Floating Rate Fund (TICKER: EFR).
A complete list of constituents and weights will be posted on the S-Network Composite Closed-End Fund Index website (http://www.closedendfundindex.com/indexdata-form.php) as of the effective date.
The S-Network Composite Closed-End Fund Index (TICKER: CEFX) is a fund index designed to serve as a benchmark for closed-end funds listed in the US that principally engage 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, including constituent data, rules and price information on the S-Network Composite Closed-End Fund Index is available at http://www.closedendfundindex.com. Data is also available through most vendors of financial data.
Index: S-Network Composite Closed-end Fund Index (USD) TICKER: CEFX
S-Network Global Indexes
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