Nasdaq is changing the names of three indexes. These changes will take effect on Tuesday, September 2nd, 2025. The affected data feeds include the Nasdaq Global Index Data Service, Nasdaq Global Index Watch, and Nasdaq Global Index FlexFile Delivery.

The ISE High Income Index, which tracks the returns and income of top U.S. listed Closed-End Funds, will be renamed. Starting September 2nd, 2025, the index with ticker YLDA will be known as the Nasdaq CEF High Income Index. The ISE High Income Net Total Return Index, with ticker YLDANTR, will become the Nasdaq CEF High Income Net Total Return Index. Additionally, the ISE High Income Total Return Index, ticker YLDATR, will be renamed the Nasdaq CEF High Income Total Return Index.

Nasdaq will continue to provide directory messages on the Global Index Data Service, including Equities Summary and Index Directory messages. Information regarding index components and weightings will remain available through the Nasdaq Global Index Watch and Nasdaq Global Index FlexFile Delivery. For further details, interested parties can contact Nasdaq Index Data Sales or Index Services.

Original article

Actionable Information: There is no immediate action a normal person can take based on this article. The information pertains to future index name changes and data feed availability, which primarily affects financial professionals and institutions.

Educational Depth: The article provides basic factual information about upcoming index name changes and the affected data feeds. It explains what the ISE High Income Index tracks (returns and income of U.S. listed Closed-End Funds) and lists the new names and tickers. However, it does not delve into the reasons for these changes, the implications of these specific indexes, or how these changes might impact investment strategies.

Personal Relevance: For the average person, this article has very low personal relevance. It is highly technical and relates to the financial industry's infrastructure. Unless someone is directly involved in financial data services, trading, or managing investments that rely on these specific indexes, the information will not directly affect their daily life, finances, or decisions.

Public Service Function: The article serves a limited public service function by informing those in the financial sector about upcoming changes. It does not provide warnings, safety advice, or emergency contacts. It's a factual announcement rather than a public service announcement for the general population.

Practicality of Advice: There is no advice given in the article that a normal person would need to follow. The contact information provided is for "Nasdaq Index Data Sales or Index Services," which are not resources for the general public.

Long-Term Impact: The long-term impact for the general public is negligible. For those in the financial industry, the impact is limited to updating their systems and understanding the new nomenclature for these specific indexes. It does not offer guidance for long-term financial planning or investment strategies.

Emotional or Psychological Impact: This article is unlikely to have any significant emotional or psychological impact on a normal person. It is purely informational and technical.

Clickbait or Ad-Driven Words: The article does not use clickbait or ad-driven language. It is a straightforward announcement of a corporate change.

Missed Chances to Teach or Guide: The article missed opportunities to provide more value. For instance, it could have explained *why* Nasdaq is changing the names, what "Closed-End Funds" are in simpler terms, or how these index changes might indirectly affect retail investors (e.g., through mutual funds or ETFs that track these indexes). A missed chance to guide the reader could have been to suggest looking up information on how to find ETFs or mutual funds that track income-focused indexes, or to explain the importance of understanding index changes for investment research. A normal person could find more relevant information by searching for "understanding closed-end funds" or "impact of index changes on ETFs" on reputable financial education websites.

The renaming of financial indexes, while seemingly a matter of abstract market mechanics, carries implications for the foundational duties that sustain families and communities. The shift from names tied to specific origins (ISE) to a broader, more generalized designation (Nasdaq CEF) can subtly erode the sense of local ownership and responsibility. When the markers of economic activity become detached from their immediate context, it can weaken the direct accountability of those who manage resources to the people who depend on them.

This detachment can foster a dependency on distant, impersonal systems for economic well-being, rather than on the diligent stewardship of local resources and the cultivation of strong kinship ties. The focus on "returns and income" through abstract indexes, rather than on the tangible care of land and the direct support of kin, can divert attention from the essential duties of providing for one's own family and community.

The consequence of such a shift, if it becomes widespread, is a weakening of the direct bonds of trust and responsibility between generations. Elders may find their care less tied to the immediate duties of their kin and more reliant on abstract financial structures. Children may grow up in an environment where economic survival is perceived as a product of distant, complex systems rather than the result of their family's and community's collective labor and care for the land. This can diminish the natural duties of fathers and mothers to raise children within a framework of tangible responsibility and stewardship, potentially leading to a decline in birth rates below the level needed for generational continuity. The land itself, the ultimate source of sustenance, risks being neglected when the focus is solely on abstract financial gains managed by entities far removed from the soil and the people who tend it.

The real consequences if these behaviors spread unchecked are a fraying of family cohesion, a diminished sense of personal duty towards kin and community, and a weakening of the stewardship of the land. This leads to a future where children are less secure, elders are less cared for, and the continuity of the people is jeopardized by a loss of connection to the fundamental responsibilities that ensure survival.

The text uses passive voice to hide who is doing the renaming. It says "will be renamed" and "will become" without stating who is doing the renaming. This makes it seem like the changes are just happening on their own, rather than being a decision made by Nasdaq. It hides the actor, which is Nasdaq, from the reader.

The text uses the word "top" to describe the closed-end funds. This word is subjective and not based on specific criteria. It suggests that these funds are the best without providing any evidence. This helps to make the indexes sound more important and valuable.

The text mentions that Nasdaq will "continue to provide" certain messages. This phrasing implies that these services are always available and reliable. It presents Nasdaq's services in a positive light without offering any proof or context. It makes Nasdaq seem like a dependable provider.

The provided text is primarily informational and does not express overt emotions like happiness, sadness, or anger. Instead, it conveys a sense of professionalism and clarity. This is achieved through the direct and factual language used to announce upcoming changes. For instance, phrases like "Nasdaq is changing the names of three indexes" and "These changes will take effect on Tuesday, September 2nd, 2025" are straightforward and leave no room for misinterpretation. The purpose of this unemotional tone is to build trust and confidence in the reader. By presenting information in a neutral and organized manner, Nasdaq aims to assure its audience that the changes are well-planned and will be implemented smoothly. This approach guides the reader's reaction by fostering a sense of reliability, suggesting that Nasdaq is a dependable entity managing important financial information.

The writer persuades the reader by focusing on the importance and continuity of the information. While not explicitly emotional, the repetition of key details, such as the effective date (September 2nd, 2025) and the names of the affected data feeds, serves to reinforce the message and ensure it is understood. The text also emphasizes that "Information regarding index components and weightings will remain available," which is a reassuring statement designed to prevent concern among users who rely on this data. This subtle reassurance aims to maintain the reader's positive perception of Nasdaq's services. The mention of how to obtain further details, by contacting "Nasdaq Index Data Sales or Index Services," acts as a call to action, encouraging engagement and further inquiry, which can be seen as a way to build stronger relationships with clients. The overall effect is to present Nasdaq as an organized and transparent organization, making the reader feel secure about the upcoming changes.