# Matisse Discounted Bond CEF Strat Instl (MDFIX)

> Source: Nexqual · https://nexqual.com/MDFIX · data as of 2026-10-24 00:03 UTC · cite as "Nexqual, Matisse Discounted Bond CEF Strat Instl (MDFIX), nexqual.com/MDFIX" · informational, not investment advice.

**Price:** USD 9.61 (-0.31% on the day) · last close of Oct 23, 2026; US market closed, not a live price. Prev close 9.64 · day 9.61–9.61 · 52w 9.52–10.72 · market cap null · NAS

## Key facts
- Total return with dividends: 1Y -2.5% vs S&P 500 +13.4%; 5Y +11.4% vs S&P 500 +76.9%.

## Total return (dividends reinvested)
|  | 1Y (from 2025-10-24) | 5Y (from 2021-10-25) |
|---|---|---|
| Total return | -2.5% | +11.4% |
| S&P 500 (SPY) | +13.4% | +76.9% |
| Per year | -2.5% | +2.2% |
| Volatility (annualized) | 4.8% | 9.1% |
| Max drawdown | -4.8% (Aug 2026→Oct 2026) | -22.9% (Nov 2021→Oct 2022) |

## Peers
ATCAX (Anchor Risk Managed Credit Stra) USD 14.18 -0.00% · MDCEX (Matisse Discounted Closed-End F) USD 7.54 +0.00% · PLRPX (PIMCO Long Duration Total Retur) USD 6.71 -0.00% · 0P0001FMM6 (John Hancock International Dyna) USD 17 -2.69% · ATCSX (Anchor Risk Managed Credit Stra) USD 14.14 -0.00%

## More
Full page: https://nexqual.com/MDFIX · Free keyless MCP server with the same data and citations: https://mcp.nexqual.com/mcp · Guide for agents: https://nexqual.com/agents · https://nexqual.com/llms.txt