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Closed-end fund |
Also found in: Wikipedia | 0.29 sec. |
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Closed-end fund An investment company that issues shares like any other corporation and usually does not redeem its shares. A publicly traded fund sold on stock exchanges or over the counter that may trade above or below its net asset value. Related: Open-end fund. How to thank TFD for its existence? Tell a friend about us, add a link to this page, add the site to iGoogle, or visit webmaster's page for free fun content. |
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Dealing with mutual and close-end funds, Calamos Investments is a leading professional money management service that works with public and private institutions, pension funds, insurance companies, as well as individuals. |
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Close-end funds
