Weekly Closed-End Fund Roundup: JQC Boosts Yield To 16%

(Note: As we didn't have the CEF Roundup last week due to my data guy being suddenly unavailable, this piece will cover the last two weeks of events. Hence, all statistics are being compared to data from two weeks ago.)
The Weekly Closed-End Fund Roundup will be put out at the start of each week to summarize recent price movements in closed-end fund [CEF] sectors in the last week, as well as to highlight recently concluded or upcoming corporate actions on CEFs, such as tender offers. Most of the information has been sourced from CEFInsight or the Closed-End Fund Center. I will also link to some articles from Seeking Alpha that I have found for useful reading over the past week. The searchable tag for this feature is "cildoc." Data are taken from the close of Friday, December 21, 2018.
Weekly performance roundup
0 out of 31 sectors were positive on price (down from 10 two weeks ago) and the average price return was -8.04% (down from -2.78%). Muni sectors lost the least, while equity sectors fared the worst, led by health/biotech (-16.33%), MLPs (-15.79%), tax-advantaged equity (-14.88%), covered call (-12.94%) and general equity (-12.48%).

(Source: Stanford Chemist, CEFConnect)
2 out of 31 sectors were positive on NAV (down from 11 two weeks ago), while the average NAV return was -4.31% (down from -1.17%). The only two positive sectors were Pennsylvania munis and New Jersey munis. MLPs fared the worst at -13.26%, followed by health/biotech... Read more