A line chart that displays the average discount to net asset value for closed-end funds from December 2013 to March 2024. The y-axis represents the median monthly CEF premiums/discounts, clustered around a median of -7.6% and never going positive. The chart shows a general trend of fluctuation, with the highest discount observed in October 2023 (-13%) and the lowest in August 2021 (-1.58%).