ETRACS Monthly Pay 1.5X Leveraged Closed-End Fund Index ETN

  • Current Indicative Value
  • 12/01/2023 | 07:00 pm
  • USD 18.40
  • Current Spot Price USD 18.27
  • 12/01/2023 | 04:10 pm

Index Profile

Underlying Index S-Network Composite Closed-End Fund Index
Ticker symbol CEFX

About the index

The S-Network Composite Closed-End Fund Index is a mutual fund index designed to serve as a benchmark for closed-end funds listed in the U.S. that are principally engaged in asset management processes designed to produce taxable annual yield. The Index is a price return index (i.e., the reinvestment of dividends is not reflected in the value of the Index). The Index contains closed-end funds selected from three main taxable annual yield sectors: Investment Grade Fixed Income Closed-End Funds, High-Yield Fixed Income Closed-End Funds, and Option Income Closed-End Funds. The Index was created in January 7, 2010 and has no live performance history prior to that date.

Index Historical Returns

Name 1 Month 3 Months 6 Months 1 Year 3 Years
S-Network Composite Closed-End Fund Index -- -- -- -- --

Source: UBS Investment Bank, publicly available data.

Historical information presented is furnished as a matter of information only. Historical performance of the Index is not an indication of future performance. Future performance of the Index may differ significantly from historical performance, either positively or negatively.

Index Historical Returns are calculated on the basis of intraday index levels or closing index levels where relevant.

Constituent Weightings

Name Ticker symbol % Weight
Eaton Vance Tax-Managed Global Diversified Equity Income Fund EXG 3.08
Eaton Vance Limited Duration Income Fund EVV 2.63
Nuveen Pfd Sec Income Fd JPS 2.43
BlackRock Enhanced Equity Dividend Trust BDJ 2.39
AllianzGI NFJ Dividend, Interest & Premium Strategy Fund 2.23
Blackrock Corporate High Yield Fund HYT 2.19
BlackRock Credit Allocation Income Trust BTZ 2.16
Aberdeen Aisa-Pacific Income Fund FAX 2.06
Eaton Vance Tax-Managed Diversified Equity Income Fund ETY 1.98
Nexpoint Credit NXDT 1.90
Alliancebernstein Global High Income Fund Inc AWF 1.83
BlackRock Taxable Municipal Bond Trust 1.82
Doubleline Income Solutions DSL 1.77
Nuveen Credit Strategies Income Fund JQC 1.66
Nuveen S&P 500 Buy-Write Income Fund BXMX 1.65
Templeton Global Icm GIM 1.55
Western Asset Emerging Markets Debt Fund EMD 1.50
Eaton Vance Tax-Managed Buy-Write Opportunities Fund ETV 1.37
Western Asset Inflation-Linked Opportunities & Income Fund WIW 1.37
Eaton Vance Tax-Managed Global Buy-Write Opportunities Fund ETW 1.33
BlackRock Core Bond Trust BHK 1.30
Nuveen NASDAQ 100 Dynamic Overwrite Fund QQQX 1.26
BlackRock Enhanced Global Dividend Trust BOE 1.23
BlackRock Resources & Commodities Strategy Trust BCX 1.20
Western Asset High Income Opportunity Fund Inc HIO 1.19
Nuveen Preferred Income Opportunities Fund JPC 1.18
Brookfield R A Incm RA 1.17
Prudential Global Short Duration High Yield Fundd GHY 1.16
BlackRock International Growth and Income Trust BGY 1.09
BlackRock Enhanced Capital and Income Fund, Inc. CII 1.07
Voya Prime Rate Trst PPR 1.05
Blackrock Multi-Sector Income BIT 1.01
Western Asset High Income Fund II HIX 1.01
Eaton Vance Enhanced Equity Income Fund EOS 1.00
Voya Global Equity Dividend and Premium Opportunity Fund IGD 0.98
First Trust High Income Long/short Fund FSD 0.95
Eaton Vance Floating-Rate Income Trust EFT 0.95
John Hancock T/a Dvd Income HTD 0.94
Blackrock Science & Technology Trust BST 0.92
Blackrock Ltd Dur In BLW 0.92
Wells Fargo Advantage Income Opportunities Fund EAD 0.90
PGIM High Yield Bond Fund Inc ISD 0.88
Cohen & Steers Limited Duration LDP 0.84
Flaherty & Crumrine Preferred Securities Income FFC 0.83
BlackRock Floating Rate Income Strategie FRA 0.82
Eaton Vance Sr Fltg EFR 0.82
Eaton Vance Risk-Managed Diversified Equity Income Fund ETJ 0.75
Templeton Emerg Mkts Inc Fd TEI 0.75
PIMCO High Income Fund PHK 0.75
Eaton Vance Enhanced Equity Income Fund EOI 0.73
Western Asset Global High Income fund Inc EHI 0.71
MFS Intermediate Income MIN 0.71
Nuveen Taxable Municipal Income Fund NBB 0.71
MFS Charter Income Trust MCR 0.70
John Hancock Premium Dividend Fund PDT 0.69
Nuveen Dow 30sm Dynamic Overwrite Fund DIAX 0.69
Putnam Premier Income Trust PPT 0.67
Western Asset Inflation - Linked Security WIA 0.66
Guggenheim Strategic Opportunities Fund GOF 0.64
MFS Multimarket Income Trust MMT 0.64
Nuveen Preferred & Income Term Fund JPI 0.63
BlackRock Income Trust Inc BKT 0.62
PIMCO Income Strategy Fund II PFN 0.59
Nuveen Global High Income Fund JGH 0.59
First Trust Senior Floating Rate Income FCT 0.58
Wells Fargo Advantage Multi Sector Income Fund ERC 0.57
Western Asset High Yield Defined Opportunity Fund HYI 0.55
Flaherty & Crumrine Dynamic Preferred and Income Fund Inc DFP 0.55
John Hancock Preferred Income Fund III HPS 0.55
BlackRock Health Sciences Trust BME 0.54
First Trust Senior Floating Rate 2022 Ta FIV 0.52
BlackRock Floating Rate Income Trust BGT 0.49
John Hancock Preferred Income Fund HPI 0.47
Pioneer Floating Rate Trust PHD 0.44
Barings Global Short Duration High Yield BGH 0.44
Franklin Ltd Duration Income Trust FTF 0.43
Guggenheim Taxable Municipal Managed Duration GBAB 0.42
PIMCO Income Opportunity Fund PKO 0.41
New America High Income Fund Inc/The HYB 0.39
Ivy High Income Opportunities Fund IVH 0.38
Voya Infrastructure Industrials and Mate IDE 0.38
Pioneer High Income Trust PHT 0.38
Eaton Vance Short Duration Diversified I EVG 0.38
BNY Mellon High Yield Strategies Fund DHF 0.38
Franklin Universal Trust FT 0.37
Columbia Seligman Premium Technology Gro STK 0.37
TCW Strategic Income Fund Inc TSI 0.37
Eaton Vance Tax-Managed Buy-Write Income ETB 0.37
Credit Suisse High Yield Bond Fund DHY 0.36
John Hancock Preferred Income Fund II HPF 0.36
Guggenheim Enhanced Equity Income Fund GPM 0.35
Insight Select Income Fund INSI 0.34
Morgan Stanley Emerging Markets Debt Fund MSD 0.34
First Trust Enhanced Equity Income Fund FFA 0.32
Duff & Phelps Utility and Corporate Bond DUC 0.32
Western Asset Global Corporate Defined O GDO 0.31
Cohen & Steers Select Preferred and Inco PSF 0.31
DoubleLine Opportunistic Credit Fund DBL 0.31
Invesco Bond Fund VBF 0.30
Putnam Master Intermediate Income Trust PIM 0.30
BlackRock Energy and Resources Trust BGR 0.30
Voya Global Advantage and Premium Opport IGA 0.29
RiverNorth/DoubleLine Strategic Opportun OPP 0.29
PIMCO Income Strategy Fund PFL 0.29
Nuveen S&P 500 Dynamic Overwrite Fund SPXX 0.27
Western Asset Investment Grade Defined Opportunity Trust Inc. IGI 0.27
Madison Covered Call & Equity Strategy F MCN 0.24
Flaherty & Crumrine Total Return Fund In FLC 0.24
Credit Suisse Asset Management Income Fu CIK 0.24
AllianzGI Convertible & Income 2024 Targ CBH 0.22
Western Asset Premier Bond Fund WEA 0.22
First Trust Aberdeen Global Opportunity FAM 0.21
Invesco High Income 2023 Target Term Fund IHIT 0.20
First Eagle Senior Loan Fund FSLF 0.20
MFS Government Markets Income Trust MGF 0.19
Invesco High Income Trust II VLT 0.19
John Hancock Hedged Equity & Income Fund HEQ 0.18
Virtus Global Multi-Sector Income Fund VGI 0.18
Guggenheim Credit Allocation Fund GGM 0.15
GAMCO Natural Resources Gold & Income Tr GNT 0.14
Nuveen Mortgage and Income Fund JLS 0.14
Eaton Vance Tax-Managed Buy-Wr EXD 0.13
Stone Harbor Emerging Markets Total Inco EDI 0.07

Source:  S-Network, as of June 1st, 2020


Constituent Weightings