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.

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.]
References in periodicals archive ?
Global Banking News-August 26, 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
BANKING AND CREDIT NEWS-March 18, 2019-Duff & Phelps declares dividends on closed-end funds
Closed-end funds tend to be a misunderstood investment.
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.
Nuveen has been in the closed-end fund industry for 30 years.
Less publicized these days are what might be considered the original exchange-traded funds, known as closed-end funds.
breached its fiduciary duty in managing money tied to proprietary closed-end Puerto Rico bond funds, reports News Is My Business (Dec.
A multi-featured open-end lending plan is strictly open-end because it provides only open-end disclosures, even for closed-end loans such as vehicle loans.
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.
According to Patrick Galley, chief investment officer and co-portfolio manager of Chicago-based boutique investment firm RiverNorth Capital's RiverNorth Core Opportunities Fund (RNCOX), there is no better asset class through which one can capture those opportunities that are the result of fear and greed than closed-end funds.