A closed-end fund is one type of mutual fund; an open-end fund is the other. Open-end funds are more common and are what investors are typically referring to when they discuss mutual funds.

as with open-end mutual funds. Closed-end funds have some readily identifiable traits that distinguish them from other types of investments, including the following: Fixed number of shares issued ...

If you’re considering investing in a mutual fund or ETF, you might have heard the terms “open-end” and “closed-end” — and immediately scratched your head in confusion. Indeed ...