None of the 29 investors followed here reported a position in FCEF in their latest filing.
From each investor's quarterly 13F filing with the SEC: positions at the quarter's end, reported up to 45 days later. All investors
No member of Congress has disclosed a FCEF trade since 2025.
From House and Senate STOCK Act reports. Members disclose trades, not holdings, as value ranges up to 45 days later, so amounts are estimates and “last move” is a hint at who still holds it, not a position. All recent congress trades
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Year |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | 2.4 | 1.1 | -5.3 | 5.5 | 1.1 | 0.2 | -1.2 | 1.3 | -5.4 | 0.3 | −0.5% | ||
| 2025 | 2.5 | -0.4 | -1.7 | -2.0 | 2.4 | 3.0 | 0.5 | 1.2 | 0.3 | 0.1 | 0.7 | -0.4 | +6.3% |
| 2024 | 0.6 | 1.6 | 2.5 | -2.9 | 3.5 | 1.0 | 3.0 | 1.0 | 1.8 | -1.8 | 2.7 | -3.9 | +9.3% |
| 2023 | 6.6 | -3.2 | -3.0 | 0.0 | -3.1 | 3.2 | 2.6 | -2.7 | -3.5 | -4.1 | 7.3 | 3.2 | +2.4% |
| 2022 | -6.6 | -4.7 | 3.1 | -7.4 | -0.9 | -8.6 | 8.3 | -3.6 | -10.4 | 5.5 | 3.9 | -4.6 | −24.7% |
| 2021 | 0.2 | 2.6 | 3.0 | 3.9 | 1.2 | 1.6 | -1.4 | 2.1 | -3.5 | 3.5 | -3.2 | 3.4 | +13.8% |
| 2020 | 0.3 | -9.7 | -21.0 | 8.3 | 4.4 | 1.3 | 3.4 | 3.3 | -2.2 | -3.1 | 13.7 | 4.0 | −1.9% |
| 2019 | 10.1 | 2.0 | 0.8 | 2.0 | -3.9 | 4.3 | 1.2 | -1.8 | 2.1 | 0.1 | 1.5 | 1.6 | +21.5% |
| 2018 | 0.9 | -2.6 | -1.4 | 0.8 | 0.7 | -0.1 | 1.5 | 1.2 | -1.0 | -7.4 | 0.2 | -7.6 | −14.3% |
| 2017 | 2.5 | 1.7 | -0.3 | 2.4 | 0.5 | 0.0 | 2.0 | -0.9 | 1.8 | -0.1 | -1.0 | 1.0 | +10.0% |
| 2016 | -2.8 | 0.4 | 2.1 | −0.4% |
The fund seeks to achieve its investment objectives by investing in a portfolio of closed-end investment companies ("closed-end funds") and exchange-traded funds ("ETFs") that are listed and traded in the United States on registered exchanges. In selecting the closed-end funds and ETFs for the fund’s portfolio, the fund's investment advisor utilizes a range of investment approaches.