closed-end fund

(redirected from Closed end fund)
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Related to Closed end fund: Mutual funds, Open End Fund
ThesaurusAntonymsRelated WordsSynonymsLegend:
Noun1.closed-end fund - a regulated investment company that issues a fixed number of shares which are listed on a stock market
investment company, investment firm, investment trust, fund - a financial institution that sells shares to individuals and invests in securities issued by other companies
References in periodicals archive ?
My answer is that I think that the closed end fund model is a better model than REITs and open-end funds in a lot of ways.
Fitch Ratings has been active in rating new closed-end fund leverage types, evaluating their unique structural characteristics and asset coverage supporting the securities in the context of Fitch's updated rating criteria for closed end funds.
Investors who wish to buy or sell fund shares of a CEF need to place orders through an intermediary, or broker, who will buy or sell fund shares on the stock exchange in a process identical to the purchase or sale of any other listed stock, and closed end funds may trade below their initial cost.