Encyclopedia > Closed-End Fund

Article Content

Closed-End Fund

Close-End funds have a limited number of shares. No new shares are issued after the fund is launched. An investor can purchase shares in a close-end fund from a broker. The price of a closed-end fund is determined by the premium (or discount) placed on it by the market.

All Wikipedia text is available under the terms of the GNU Free Documentation License

Search Encyclopedia

Search over one million articles, find something about almost anything!

Featured Article

Ocean Beach, New York

... For every 100 females age 18 and over, there are 120.4 males. The median income for a household in the village is $48,125, and the median income for a family is ...