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Closed-End FundsA closed-end fund, or CEF, is an investment structure (not an asset class), organized under the regulations of the Investment Company Act of 1940. It's often confused for a traditional open-end m [..]
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Closed-End FundsA mutual fund that has a specific and fixed number of shares.
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Closed-End FundsA mutual fund that does not offer new shares after the initial offering. Shares of the fund can only be purchased or sold on securities exchanges. Closed-end funds are actively managed by an investment professional.
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Closed-End Funds - Closed-End Funds (or Closed-End ETFs or Closed-End Funds) (CEF) are a mutual fund that have a fixed number of shares outstanding. Following an initial public offering, their shares are traded on [..]
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Closed-End FundsA fund company that issues a fixed number of shares. Its shares are not redeemable, but are bought and sold on stock exchanges or the over-the-counter market.
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Closed-End FundsA mutual fund that does not sell unlimited shares; one with a specific number of outstanding shares.
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Closed-End FundsA mutual fund that has a limited number of issued shares. Since no new shares are issued, the price of each share fluctuates and may often be different from the “net asset value” (NAV). Buying closed-end fund shares at a discount to NAV is far preferable to buying them at a premium.
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