|Step 1:||Identify Entire Closed-End Fund Universe|
Narrow the Closed-End Fund Universe. Exclude funds that:
|Step 3:||Rank Remaining Closed-End Funds Based on Premium/Discount (80% weighting) and Distribution Yield (20% weighting)|
|Step 4:||Select the Top 75 Ranked Closed-End Funds: Weightings based on each fund’s trading volume and premium/discount ranking|
Value Close and Value Change are the Index’s daily market “price” and “price change” as of the date noted. Figures are based on market close.
Past performance does not guarantee future returns. The referenced indices are unmanaged and not available for direct investment. Index performance does not reflect transaction costs, fees, or expenses.
|Index Inception Date||12/5/07|
|Rebalance Frequency||Every 367 Days|
|Number of Constituents||75|
|Average Market Capitalization*||$839.11 Million|
|Average Indicated Dividend Yield*||8.36%|
|Maintained By||Guggenheim Funds Distributors, LLC|
|* Weighted average of the underlying closed-end funds that comprise the index. All data as of 9.30.2019 and is subject to change on a daily basis.|
|U.S. Fixed Income||23.44%|
|U.S. Mixed Allocation||16.06%|
|Global Fixed Income||12.83%|
|International Fixed Income||3.57%|
|Global Mixed Allocation||2.52%|
|North American Region Equity||1.13%|
|European Region Equity||0.78%|
Index data is based on the individual closed-end funds that comprise the Index.
This data is subject to change on a daily basis.
Weightings and classifications derived by Guggenheim Fund Distributors, LLC. using Bloomberg data.
|BlackRock Credit Allocation Income Trust||4.40%|
|Blackrock Corporate High Yield Fund Inc||3.48%|
|Cohen & Steers Infrastructure Fund Inc||3.38%|
|BlackRock Enhanced Equity Dividend Trust||3.33%|
|First Trust High Income Long/Short Fund||3.27%|
|Royce Value Trust Inc||3.18%|
|Allianzgi NFJ Dividend Interest & Premium Strategy Fund||3.09%|
|Cohen & Steers Reit & Preferred & Income Fund Inc||2.76%|
|Gabelli Dividend & Income Trust||2.42%|
|Western Asset Emerging Markets Debt Fund Inc||2.35%|
This data is subject to change on a daily basis. This is not an offering of any closed-end fund listed.
Guggenheim Funds Distributors, LLC makes no representation or warranty, express or implied, regarding the ability of the Index to track general market performance. Guggenheim Funds Distributors, LLC shall not be liable to any person for any error in the Index nor shall it be under any obligation to advise any person of any error therein.
Certain Claymore CEF Index constituents may be closed-end funds advised by Guggenheim Funds Investment Advisors, LLC, an affiliate of Guggenheim Funds Distributors, LLC. Guggenheim Funds Investment Advisors, LLC, receives an advisory fee from such closed-end funds as investment adviser. Guggenheim Funds Distributors, LLC. may act as a servicing agent for certain closed-end funds included in the Claymore CEF Index and receives fees for this activity.
“The Claymore CEF IndexSM is calculated by NYSE Arca, Inc. (“NYSE Arca”). The Claymore Index-Linked GS Connect Exchange Traded Notes, which is based on the Index, is not sponsored, endorsed, sold or promoted by NYSE Arca, and NYSE Arca makes no representation regarding the advisability of investing in such product. NYSE Arca makes no express or implied warranties, and hereby expressly disclaims all warranties or merchantability or fitness for particular purpose with respect to the Claymore CEF IndexSM or any data included therein. In no event shall NYSE Arca have any liability for any special, punitive, indirect or consequential damages (including lost profits), even if notified of the possibility of such damages.”
Guggenheim Investments represents the investment management business of Guggenheim Partners, LLC. Securities offered through Guggenheim Funds Distributors, LLC.
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