Closed-end funds are one of two major kinds of mutual fund. They can make a good investment if you follow this rule: always buy them at a discount.

Closed-end mutual funds have distinctive characteristics that distinguish them from open-end mutual funds. Fixed Number of Shares. Closed-end funds have a specified number of shares outstanding ...

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 mutual ...

We closed out the first half of 2025, making it an appropriate time to give the overall CEF space a fresh look for potential ...

STEW's resilience during market downturns, focus on high-quality holdings like Berkshire Hathaway, and consistent dividend ...

Here’s a closer look at closed-end mutual funds: how they work, how they differ from open-ended funds and the pros and cons associated with them. How a Closed-End Mutual Fund Works. The structure of a ...

Closed-end funds are a type of mutual fund -- with a twist. Image source: Getty Images. Most investors are familiar with mutual funds and exchange-traded funds, but closed-end funds aren't as well ...

Closed-end funds have been around since 1893, more than 30 years before the first mutual fund (also known as an open-end fund) was created in the United States.

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.

A closed-end fund is launched through an initial public offering (IPO), where it raises capital by selling a fixed number of shares. Once the shares are sold, the fund is closed to new investors.

What is a closed-end fund? Unlike mutual funds, CEFs trade on exchanges with fixed shares. See how they work and whether they fit your portfolio.