CEF Weekly Review: Ping Pong, Anyone?
Sunday, November 8th, 2009Joe Eqcome submits:
CEF Weekly Review: The 13 closed end fund (CEF) types on average were up 1.7% for the week ending 11/6/09. On an aggregate, unweighted basis, the weekly average price change for the 488 CEFs was up 1.6%.
The weighted 49 CEFs comprising the Claymore CEF Index registered an average advance of 3.4% for the week. The S&P 500, as measured by the SPDR S&P 500 ETF (SPY), increased 3.4%. The S&P 500 more than reversed its loss from the previous week.
