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closed-end investment company

   Also found in: Dictionary/thesaurus, Legal, Financial, Wikipedia, Hutchinson 0.01 sec.
closed-end investment company: see mutual fund mutual fund, in finance, investment company or trust that has a very fluid capital stock. It is unique in that at any time it can sell or redeem any of its outstanding shares at net asset value (i.e.
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Franklin Universal Trust [NYSE:FT], a closed-end investment company managed by Franklin Advisers, Inc.
Franklin Templeton Limited Duration Income Trust (Amex:FTF), a closed-end investment company managed by Franklin Advisers, Inc.
Franklin Universal Trust (NYSE:FT), a closed-end investment company managed by Franklin Advisers, Inc.
 
 
 
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