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What is closed-end investment company?

A closed-end fund company is a company which engages in closed-end funds. These are investment funds that are listed as stocks to be traded publicly as IPOs but whose purpose is to raise capital for a company. These closed-end fund companies may cover other avenues of investment but this is their primary method.

Other Financial Terms and Vocabulary

Data is provided for informational purposes only, and is not intended for trading purposes. Although data are gathered from sources believed to be reliable, Fund Mojo and its content providers cannot guarantee completeness and accuracy. Performance data quoted represents past performance. Fund Mojo and its content providers accept no liability for reliance on this data.