closed-end investment company

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Related to closed-end fund: open-end fund

closed-end investment company:

see mutual fundmutual 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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We believe educated investors can capitalize on the unique investment opportunities in the closed-end fund space.
The portfolios are managed by two veterans of the closed-end fund industry, Ken Fincher and Jeff Margolin, at the direction of First Trust Advisors' Investment Committee.
The First Trust Composite Closed-End Fund Index is a composite index of the municipal, taxable fixed income and equity indexes which is intended to provide a capitalization weighted representation of the entire U.
Merging two pairs of closed-end Funds together for greater efficiencies in 2005, and merging one closed-end Fund into an open-end fund managed by Putnam Investments in 2006.
Additional information on Claymore's closed-end funds is available at www.
com, Nuveen Investments' comprehensive, web-based industry resource for objective information on exchange-traded products, investors preparing to live either partly or exclusively off their accumulated investments show a preference for closed-end funds, which are designed to provide regular income as well as portfolio diversification in a relatively liquid form.
George is editor-in-chief of The Scott Letter: Closed-End Fund Report which was in print from 1988 -1996 and online since May 2001.
According to Fitch's proprietary closed-end fund leverage database, the use of ARPS by tax-exempt closed-end funds has declined to 62% of total leverage utilized by such funds, down from 85% during the first half of 2007.
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.
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.
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 experts divided the comparable closed-end funds into quartiles by price-to-NAV ratios.