An
open-end fund, PRMAX seeks capital appreciation and current income by investing in other Putnam funds.
Effective shortly after close of business on November 3, 2017, Highland Floating Rate Fund converted from an
open-end fund to a closed-end fund, and began trading on the NYSE under the symbol HFRO on November 6, 2017.
(NYSE: RIT) has converted the fund from a closed-end fund to an
open-end fund through a merger with and into ClearBridge Real Estate Opportunities Fund, the fund said on Monday
LAHORE -- Lahore Stock Exchange Limited has approved the application for formal listing and quotation of the Units of Alfalah GHP Prosperity Planning Fund (
Open-End Fund managed by Alfalah GHP Investment Management Limited) and the size of the Fund is Rs 100 million.
The off-market acquisition was made on behalf of an
open-end fund advised by ING Clarion.
An
open-end fund, FOCIX seeks current income, other forms of cash distributions and capital preservation.
UCITS stands for Undertakings for the Collective Investment of Transferable Securities, an
open-end fund vehicle available in Europe, Latin America and many other countries outside the US.
US-based management investment company LMP Real Estate Income Fund Inc.'s (NYSE: RIT) board of directors approved the conversion of the fund from a closed-end fund to an
open-end fund through a merger with and into ClearBridge Real Estate Opportunities Fund a series of Legg Mason Funds Trust, the fund said.
ABL Islamic Stock Fund is a shariah complaint,
open-end fund, which will provide investors an attractive opportunity to tap the enormous potential of Pakistan's equity markets and earn halal profits.
On the basis of swap ratio of 1:1, the existing share holders of the closed-end fund would receive one unit of
open-end fund in lieu of one share held of the closed- end entity.
The Mills conversely will now assume a subordinate equity position to Colony and KanAm, a German
open-end fund who, along with The Mills, was one of the project's original stakeholders.
open-end fund - a regulated investment company with a pool of assets that regularly sells and redeems its shares