New York, NY (PRWEB) June 11, 2010
The S-Network Composite Closed-End Fund Index (TICKER: CEFX) will add fourteen new components, effective 6:00 PM (EDT) Sunday, June 20, 2010, changing the number of index components to 95. The changes result from the quarterly rebalancing of the index.
Additions to CEFX are: BlackRock Credit Allocation Income Trust III (TICKER: BPP); Nuveen Quality Preferred Income Fund 3 (TICKER: JHP); BlackRock Corporate High Yield Fund VI. (TICKER: HYT); Western Asset Variable Rate Strategic Fund (TICKER: GFY); Nuveen Multi-Strategy Inc & Growth Fund 2 (TICKER: JQC); PIMCO Income Opportunity Fund (TICKER: PKO); Nuveen Multi-Currency Short-Term Government Income Fund (TICKER: JGT); Dow 30 Enhanced Premium & Income Fund Inc. (TICKER: DPO); BlackRock Health Sciences Trust (TICKER: BME); BlackRock EcoSolutions Investment Trust (TICKER: BQR); BlackRock Enhanced Capital and Income Fund, Inc. (TICKER: CII); ING Asia Pacific High Dividend Equity Income Fund (TICKER: IAE); ING Risk Managed Natural Resources Fund (TICKER: IRR); Eaton Vance Risk-Managed Diversified Equity Income Fund (TICKER: ETJ).
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, LLC
# # #