The best site I have found for data on closed-end funds is the Closed End Fund Center, and I have inserted their data into this chart.
Like a mutual fund, a closed-end fund is a pool of investments.
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The gurus also made a big buy into the Templeton Dragon Fund, a closed-end fund that invests primarily in the equities of Chinese companies.
Bruce Jenkyn-Jones and Ian Simm at Impax Asset Management run the three-year-old Impax Environmental Markets fund, a closed-end fund with 41 million pounds in assets.
The Swiss Helvetia Fund (SWZ) is a closed-end fund composed primarily of Swiss stocks.
An alternative to EWG is the New Germany Fund ( GF), a closed-end fund that invests primarily in small- and mid-cap German companies.
Special Offer: RMR Asia Pacific Real Estate (RAP) a closed-end fund trading at a 21% discount to NAV.
It could be an issue, however, for a stock, bond, ETF, or closed-end fund that is not frequently traded.
That price gain turns into a past performance number, a fabulous 18% a year on one closed-end fund Hess mentions.
Another closed-end fund, it trades at a 13% discount to net asset value and has an expense ratio of 1.7%.
If this were to occur, it would likely happen very quickly, meaning sharp losses in the closed-end fund income sector.
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This is essentially a closed-end fund holding only gold, and is far superior to a gold ETF like GLD and others.
Again, there is little precedent for the conversion of a closed-end fund to an operating company, if not for the self-dealing.
The average closed-end fund tracked by Lipper Analytical Services has a 1.34% annual expense burden, the sum of overhead and management fees.
All things being equal, you want to buy a closed-end fund that trades at a wide discount and operates with low overhead.
But I think you also have to take into consideration that retail investors will push closed-end fund discounts and premiums to irrational levels.
The closed-end fund yields 6.4% and trades at a 3.8% premium.
Herzfeld Advisors in Miami, a closed-end fund investor and research firm.
The only sure way to drive a closed-end fund closer to its net asset value is to attract a raider who tries to force management changes or a liquidation.
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"If you keep throwing out more income than you can possibly make, someday your assets will go to zero, " says Mariana Bush, a closed-end fund analyst at Wells Fargo Advisors.
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If you choose a closed-end fund trading at a discount to its net asset value, you might also get some capital appreciation, says Maury Fertig, chief investment officer at Relative Value Partners LLC, Northbrook, Ill.
Consider Central Fund of Canada ( CEF), which is, first of all, a closed-end mutual fund, not an ETF.
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The bad bank will be like a closed-end mutual fund and can be run as such.
An alternative, some investors say, is to purchase shares in a closed-end mutual fund that owns bullion.
Rubenstein then suggested Carlyle's new closed-end investment fund as a low-risk option and a "good investment, " Huffington contends.
Their closed end Strategic Opportunity Fund (GOF) is up 4.7 percent this year.
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The idea was to first convert this small, open-end fund into a closed-end.
In 2002 Mike tried another tactic to raise funds for acquisitions, launching Epic Brand Investments, a closed-end private equity fund listed in London.
There are several ways to invest in small-cap stocks, including some very liquid small-cap ETFs, a closed-end small-cap fund, or through individual small-cap stocks, where the risk (as well as the potential reward) is much higher.
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As with any closed-end, shares in the fund would then trade on a supply-and-demand basis.
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