closed-end fund

(redirected from Closed-End Investment Companies)
Also found in: Dictionary, Financial, Wikipedia.
Related to Closed-End Investment Companies: Closed End Mutual Funds
  • noun

Synonyms for closed-end fund

a regulated investment company that issues a fixed number of shares which are listed on a stock market

References in periodicals archive ?
Shares of closed-end investment companies frequently trade at a discount from their net asset value.
In addition to serving as a Trustee of the Fund, he serves as a Trustee for several other closed-end investment companies.
The Board believes that the frequency of this voting requirement is unique among closed-end investment companies.
As closed-end investment companies, the Funds do not issue and redeem their shares at NAV.
Today at special meetings of shareholders of Morgan Stanley High Income Advantage Trust (NYSE symbol: YLD), Morgan Stanley High Income Advantage Trust II (NYSE symbol: YLT) and Morgan Stanley High Income Advantage Trust III (NYSE symbol: YLH), closed-end investment companies (the "Closed-End Funds"), shareholders of each of the Closed-End Funds approved separate reorganization plans whereby the assets of each Closed-End Fund will be combined with the assets of Morgan Stanley High Yield Securities Inc.