Interval Fund

(redirected from Interval Funds)

Interval Fund

A mutual fund with shares that may be sold or redeemed on certain, stated dates. That is, an interval fund combines features of an open end mutual fund with a closed end mutual fund.
References in periodicals archive ?
Instead, interval funds offer to repurchase 5-25% of its shares at their net asset value at intervals -- it could be every three, six or 12 months.
The firm also expects to roll out a series of interval funds later this year.
The investors who used to prefer interval funds purely for liquidity considerations may now have to reconsider their investment decisions.
Russian institutional investments databasecontains complete information on investments of almost 600 Russian mutual funds of the following categories: equity funds, balanced funds, bond funds and index funds; open-ended and interval funds.
Unlike regular or even "liquid alts" mutual funds, which offer daily redemptions at net asset value, investors in interval funds can only redeem shares at set times and in limited amounts.
According to the firm, the platform will offer a range of screened investment opportunities including public and private real estate investments offered as mutual funds, interval funds, private fund vehicles, and other individual real estate investments.
Highland's mutual and interval funds are distributed by PFPC Distributors, Inc.
As interval funds, the Funds currently make semi-annual repurchase offers at net asset value (less a 2% repurchase fee) to all stockholders.
Highland's mutual funds and interval funds are distributed by PFPC Distributors, Inc.
Our well diversified business consists of structured products, a diversified financial holding company, listed closed-end funds, interval funds, mutual funds, hedge funds, a business development company and separate accounts.
Steiger have also been appointed as additional Trustees to the Boards of Trustees of the Eaton Vance open-end and interval funds.
Columbia is the investment advisor for the Columbia Floating Rate Fund (Ticker: XLFAX), and the Columbia Floating Rate Advantage Fund (Ticker: XSFRX), closed-end interval funds that Morningstar, Inc.