Claymore CEF GS Connect ETN (GCE)
Claymore CEF GS Connect ETN operates in the Asset Management industry of the Financial Services sector. The stock last traded at $12.71, up 20.43% on the session, giving a market capitalisation of $6.4M. Its beta of 1.26 implies it has historically moved more than the broad market.
This investment vehicle is designed to precisely track the performance of the Claymore CEF Index, after accounting for its operational costs. The index itself gauges the collective returns of a varied portfolio of closed-end funds, which are carefully chosen and proportionally weighted based on specific, pre-established criteria. These considerations encompass aspects such as the funds' tradability (liquidity), their dividend payouts, and their market pricing, among other influential factors.
Claymore CEF GS Connect ETN is most often compared with the following Financial Services names: