open-end fund


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Related to open-end fund: Closed end fund, Open Ended Mutual Fund
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Synonyms for open-end fund

a regulated investment company with a pool of assets that regularly sells and redeems its shares

References in periodicals archive ?
In addition, the Board of Trustees of the new open-end fund would be able to liquidate that fund in the future without shareholder approval if the Board of Trustees determines that it would be in the best interests of shareholders to do so.
Zoukis argued that the open-end fund model is inherently ill suited for real estate investments, whose returns typically can be realized only after a hold period of at least a few years.
The Board concluded that the Open-End Fund features described above would be more beneficial to TYW shareholders than proposals in which TYW would remain a closed-end fund and provide common shareholders with a limited opportunity for liquidity through a tender offer, particularly a tender offer at a price below net asset value.
In addition, the Board of Trustees of the new open-end fund would be able to liquidate the new open-end mutual fund in the future without shareholder approval if the Board of Trustees determines that it would be in the best interests of shareholders to do so.
This distribution will be paid in cash and will reduce the net asset value per share of the LaSalle Closed-End Fund for purposes of calculating the number of shares of the Open-End Fund that a stockholder of the LaSalle Closed-End Fund will receive in connection with the Acquisition.
Cohen & Steers open-end funds are distributed by Cohen & Steers Securities, LLC.
Each of the LaSalle Closed-End Fund and the Open-End Fund are managed by Columbia Management Investment Advisers, LLC.
For information regarding the Open-End Fund, or to receive a free copy of a proxy statement/prospectus relating to the proposed Acquisition once a definitive registration statement relating to the proposed Acquisition has been filed with the Securities and Exchange Commission ("SEC") and becomes effective, please call the telephone number of the proxy solicitor or visit its website, details of which may be obtained, when available, by visiting columbiamanagement.
FOR MORE INFORMATION: For more information regarding DWS Enhanced Commodity Strategy Fund, a registered open-end fund, including to obtain a free copy of the prospectus/proxy statement relating to the recently completed merger (and containing important information about fees, expenses and risk considerations) which is included in an effective registration statement that has been filed by such fund with the SEC, please visit the SEC's Website www.
For information regarding the Open-end Fund, or to receive a free copy of a prospectus/proxy statement relating to the proposed Acquisition once a registration statement relating to the proposed Acquisition has been filed with the Securities and Exchange Commission ("SEC") and becomes effective, please call the telephone number of the proxy solicitor or visit its website, details of which may be obtained, when available, by contacting columbiamanagement.
BOSTON -- Putnam Investments and the Board of Trustees of the Putnam Funds announced today approval of a comprehensive initiative that would (1) concentrate the lineup of closed-end funds managed by Putnam Investments (together, the "Funds") through mergers combining certain Funds, and (2) provide shareholders of each Fund with enhanced liquidity opportunities either through merger into an open-end fund or through a tender offer by the Fund to purchase up to 10% of the outstanding common shares.
BOSTON -- Putnam California Investment Grade Municipal Trust (AMEX: PCA) and Putnam New York Investment Grade Municipal Trust (AMEX: PMN) (together, the "Funds") announced today that their Boards of Trustees have approved in principle plans to merge each Fund into an open-end fund also managed by Putnam Investments, the Fund's manager ("Putnam").
Like an open-end fund, its shares can be purchased each business day.
ASREIF's Board of Trustees has formally approved a Plan of Reorganization (the Plan) to reorganize ASREIF as an open-end fund.
The fund's Board of Trustees has determined that it is in the best interests of the holders of the fund's Common Shares to reorganize the fund as an open-end fund.