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closed-end fund

   Also found in: Financial, Encyclopedia, Wikipedia 0.02 sec.
ThesaurusLegend:  Synonyms Related Words Antonyms
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


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? Mentioned in ? References in periodicals archive
 
The share price of a closed-end fund is based on the market's value.
The Reaves Utility Income Fund is a closed-end fund and closed-end funds do not continuously issue shares for sale as open-end mutual funds do.
He is the President of the Closed-End Fund Association and a member of the New York Society of Securities Analysts and the CFA Institute.
 
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