closed-end

closed-end

(klōzd′ĕnd′)
adj.
Issuing a fixed number of shares that can be traded publicly but are not redeemable by the issuer: a closed-end investment company.
American Heritage® Dictionary of the English Language, Fifth Edition. Copyright © 2016 by Houghton Mifflin Harcourt Publishing Company. Published by Houghton Mifflin Harcourt Publishing Company. All rights reserved.

closed′-end′



adj.
issuing shares of stock in blocks at infrequent intervals and under no obligation to repurchase them: a closed-end investment company. Compare open-end (def. 1).
[1935–40; Amer.]
Random House Kernerman Webster's College Dictionary, © 2010 K Dictionaries Ltd. Copyright 2005, 1997, 1991 by Random House, Inc. All rights reserved.
Mentioned in
References in periodicals archive
Global Banking News-August 26, 2019-Two AllianceBernstein closed-end funds declare distributions for September 2019
Two AllianceBernstein closed-end funds declare distributions for September 2019
M2 EQUITYBITES-August 26, 2019-Two AllianceBernstein closed-end funds declare distributions for September 2019
Two AllianceBernstein closed-end funds declare distributions for September 2019
BANKING AND CREDIT NEWS-March 18, 2019-Duff & Phelps declares dividends on closed-end funds
Duff & Phelps declares dividends on closed-end funds
Closed-end funds tend to be a misunderstood investment.
Money Management: Don't overlook the benefits of closed-end funds
WASHINGTON: The American Bankers Association's Consumer Credit Delinquency Bulletin results revealed the fourth quarter of 2017 witnessed a broad-based decline in delinquencies, with delinquencies in closed-end loans (like personal or auto loans) falling across the board and bank card delinquencies declining significantly.
American Bankers Association sees broad-based decline in delinquencies
Less publicized these days are what might be considered the original exchange-traded funds, known as closed-end funds.
The "other" exchange-traded funds
breached its fiduciary duty in managing money tied to proprietary closed-end Puerto Rico bond funds, reports News Is My Business (Dec.
Lawsuit vs. UBS
are closed-end funds, which are funds where a limited number of shares are issued--and new shares rarely are issued once the fund launches.
Boomers stand to inherit trillions
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