closed-end fund

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Related to Closed-end funds: Closed End Investment Company
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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 ?
CHICAGO -- Nuveen Investments, a leading global provider of investment services to institutions and high-net-worth investors today announced that a new educational video series discussing the basics of closed-end funds is now available.
Not as well known or understood as open-end mutual funds, and often seen as a more complex investment category, closed-end funds are typically designed to provide regular monthly or quarterly distributions to help income-oriented investors achieve investment goals over the long term, including retirement.
are privately-held companies which provide a variety of investment services, including asset management, financial advisory services, and municipal and corporate investment banking, with collective assets under management or supervision of over $16 billion as of March 31, 2009 through closed-end funds, unit investment trusts, mutual funds, separate managed accounts and exchange-traded funds.
This link provides fund details, monthly holdings information, daily pricing and yield information, semiannual and annual reports, and other information about Putnam closed-end funds.
The Board of Trustees have approved in principle plans to merge five tax-exempt closed-end Funds as follows: Putnam Investment Grade Municipal Trust (NYSE: PGM) and Putnam Municipal Bond Fund (NYSE: PMG) would be merged into Putnam Municipal Opportunities Trust (NYSE: PMO), and Putnam High Yield Municipal Trust (NYSE: PYM) would be merged into Putnam Managed Municipal Income Trust (NYSE: PMM).
It is important to note that closed-end funds trade on their market value, not net asset value, and closed-end funds often trade at a discount to their net asset value.
First Trust Advisors created these managed accounts to take advantage of these opportunities as well as to provide a value-added service to the advisor community whose clients invest in closed-end funds.
According to the court, A's exclusive use of the fourth quartile of closed-end funds was improper.
Both open-end and closed-end funds are run by portfolio managers and invest in stocks, bonds or other securities.
On recent trends for leverage of taxable closed-end funds, Fitch has observed a relative decline in the use of auction rate preferred stock (ARPS) as a form of leverage, with the decline appearing more pronounced in taxable closed-end funds than tax-exempt closed end funds.
Among the other principal findings of the poll, which aimed to capture current investor sentiment toward closed-end funds (CEFs) and index-based exchange-traded funds (ETFs):
George has been in the investment management business since 1969 and has specialized in using closed-end funds for clients since the mid-1980's.
Claymore entities have provided supervision, management, servicing or distribution on over $15 billion in assets through closed-end funds, unit investment trusts, mutual funds, separately managed accounts, exchange-traded funds and Claymore MACROshares.
The firms have collective assets under management or supervision of approximately $22 billion as of July 31, 2009 through closed-end funds, unit investment trusts, mutual funds, separate managed accounts and exchange-traded funds.