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Glossary > C > "Closed-end fund" Definition

Closed-end fund

An investment company that sells shares like any other corporation and usually does not redeem its shares. A publicly traded fund sold on stock exchanges or over the counter that may trade above or below its net asset value. Related: Open-end fund.

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Closed-end fund - An investment company that sells shares like any other corporation and usually does not redeem its shares. A publicly traded fund sold on stock exchanges or over the counter that may trade above or below its net asset value. Related: Open-end fund.

Closed-end fund : an investment company that sells shares like any other corporation and usually does not redeem its shares. a publicly traded fund sold on stock exchanges or over the counter that may trade above or below its net asset value. related: open-end fund.