The Cornerstone drips continue to see weakness with the premium shrinkage that the mps of the duo experienced this last week. The prems drifted into the midteens with resultant damage to the drips. The ports of the Cstones though did have relatively decent weeks as XclmX did not lose at all on the week and XcrfX only slipped $.01. The prems on the duo are low relative to what they have been recently but even with the prem shrinkage they are still somewhat elevated. The prem shrinkage caused clmDr to be the only multi slot loser for the funds of cefs.

The other tidbit was the surprise divvy from Saba's ETF cefs. That seemed to catch the market unawares such that cefs itself had a pretty decent climb on the week. It didn't change position in the rankings though as it has opened up a hefty gap in total performance of the pooled cef vehicles. Fof had a sharp hiccup on the week as it lost almost all the prem it was carrying at the end of last week. Despite the heavy performance hit it only lost one slot in the rankings.

Sym… TR since SabKO
opp... 0.96%
XoppX 3.71%
yyy... 16.01%
pcef. 30.45%
riv 31.88%
XrivX 32.75%
XfofX 33.92%
fcef 35.01%
xyld.. 37.52%
rncox 42.13%
XspeX 42.32%
crf 42.36%
spe. 45.45%
clm... 48.12%
fof 49.78%
mdcex 51.81%
cefs. 60.09%
crfDr 77.05%
clmDr 82.26%
XcrfX 82.48%
XclmX 84.59%
spy... 87.41%
^spx 87.79%