Definitions
from The American Heritage® Dictionary of the English Language, 5th Edition.
- adjective Issuing a fixed number of shares that can be traded publicly but are not redeemable by the issuer.
Etymologies
Sorry, no etymologies found.
Support
Help support Wordnik (and make this page ad-free) by adopting the word closed-end.
Examples
-
Tax-exempt funds that trade on exchanges so called closed-end investment companies that take on moderate amounts of short-term debt to increase the size of their portfolios have yields of 6% to 7%, and emerging-market bond funds have generous yields.
Where to Put Your Money in 2012 Burton G. Malkiel 2012
-
For home-equity credit lines or closed-end second mortgages, the declines are even more dramatic.
How Some Talking Dogs Cost Me $100,000 David Weidner 2011
-
But closed-end funds are plagued by pricing anomalies: Very often, a closed-end fund's share price is higher than the actual value of its holdings.
-
ETFs, however, have a complex mechanism that helps reduce the premiums and discounts that closed-end funds often have.
-
I sidestepped that with Repairman Jack by deciding from the start that it would be a closed-end series – I would not run Jack into the ground.
A Conversation with New York Times Bestselling Author F. Paul Wilson 2010
-
Sprott, based in Toronto, is structured as a closed-end fund.
Hi Ho, Silver: Some Fund Investors Could End Up Tarnished Jason Zweig 2011
-
The Dreyfus High Yield Strategies closed-end fund (DHF) is up 34% over the past year and the Neuberger Berman High Yield Strategies closed-end fund (NHS) has gained 28% over the same period.
A Bond Bust Didn't Happen ... Yet Dave Kansas 2011
-
A record 450 closed-end real-estate funds are seeking to raise $165 billion, according to Preqin, which tracks alternative investments.
Apollo Has Difficulty Landing Real-Estate Funds Craig Karmin 2012
-
There are a wide range of mutual funds and closed-end funds focused on munis, and even funds that focus on big issuers, such as New York and California.
A Brighter Outlook for Muni Bonds Dave Kansas 2011
-
High-yielding diversified portfolios of tax-exempt bonds are available through closed-end investment companies.
The Bond Buyer's Dilemma Burton G. Malkiel 2011
Comments
Log in or sign up to get involved in the conversation. It's quick and easy.