Five New Securities Added to the S-Network Composite Closed-End Fund Index (CEFX); Two Securities Deleted

Share Article

The S-Network Composite Closed-End Fund Index (TICKER: CEFX) will add five new components, effective 9:00 AM (EDT) Monday, September 20, 2010, Two stocks will be deleted from the index, changing the number of index components to 98. The changes result from the quarterly rebalancing of the index.

The S-Network Composite Closed-End Fund Index (TICKER: CEFX) will add five new components, effective 9:00 AM (EDT) Monday, September 20, 2010, Two stocks will be deleted from the index, changing the number of index components to 98. The changes result from the quarterly rebalancing of the index.

Additions to CEFX are: Western Asset Premier Bond Fund (TICKER: WEA US); Nuveen Mortgage Opportunity Term Fund 2 (TICKER: JMT US); Western Asset Mortgage Defined Opportunity Fund (TICKER: DMO US); Nuveen Build America Bond Fund (TICKER: NBB US); Blackstone GSO Senior Floating Rate Term Fund (TICKER: BSL US).

Deletions to CEFX are: Montgomery Street Income Securities Inc. (TICKER: MTS US) and Western Asset Worldwide Income Fund Inc. (TICKER: SBW US).

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

Contact:
Joseph LaCorte
S-Network Global Indexes
646-467-7927
http://www.closedendfundindex.com

# # #

Share article on social media or email:

View article via:

Pdf Print

Contact Author

Joseph LaCorte
S-Network Global Indexes
646-467-7927
Email >
Visit website