Closed End Fund Association

This update provides an in-depth look at trends across the closed-end fund (CEF) market each month. Inside you'll find detailed commentary and analysis for key closed-end fund segments within the municipal fixed income, taxable fixed income, equity and multi-asset categories, including performance, distributions, premiums/discounts and z-score analysis, and more.

In connection with Japan Smaller Capitalization Fund, Inc. (the "Fund") (NYSE: JOF)'s previously announced conditional tender offer, the Fund today announced that its Board of Directors (the "Board") has approved a tender offer (the "Tender Offer") to purchase up to 10% of its issued and outstanding shares at a price per share equal to 98% of the net asset value ("NAV") per share as of the pricing date.

The first quarter of 2026 reinforced the role of listed infrastructure as a differentiated asset class within diversified portfolios. Learn more about Cohen & Steers Infrastructure Fund. For more Closed-End Fund information from Cohen & Steers, visit their CEFKnowledge Center.