At year-end 2013, there were 599 closed-end funds, down from a high of 663 in 2007, with $279 billion in assets under management, compared with 7,707 open-end funds with more than $15 trillion in AUM.

Examples of Closed-End Mutual Funds. There are a wide variety of closed-end funds out there, each with its own thesis and investing style. For instance, conservative investors may choose a municipal ...

While open-end funds trade at NAV, a closed-end fund may trade at a discount or premium from its NAV. The fund manager and their track record can play a major role in whether a closed-end fund is ...

Closed-end funds are mutual fund-like investments that trade on the stock exchange. They are called “closed-end” because they ...

He gives the example of some smaller closed-end funds that trade under 10,000 to 15,000 shares per day. "This causes a widening of the buying and selling price in the market," he says.

The $220 billion closed-end universe has a fair number of good buys and a few really bad ones. There’s a formula to help you tell the difference.

He gives the example of some smaller closed-end funds that trade under 10,000 to 15,000 shares per day. “This causes a widening of the buying and selling price in the market,” he says.

Closed-end funds are a type of mutual fund, in that, like all mutual funds, ... In our example, the fund is invested in 10% yielding assets, in terms of the risk they carry.

Closed-end municipal-bond funds have been particularly hard-hit because they often use borrowed money to invest in fixed-rate, long-term bonds sold by state and local governments.

A closed-end fund is an investment management company with a unique structure. Although it has a portfolio manager that invests money on behalf of shareholders, it differs from a traditional ...