Closed-end funds are investment wrappers with various underlying exposures depending on the fund's approach, not an asset ...

The market had a solid two years back to back, and to kick off 2025, January also saw some of that same upside momentum ...

These five closed-end funds (CEFs) offer distribution yields between 6.9% and 11.2%. Four of the CEFs focus primarily on investing in corporate debt instruments, while one primarily owns stocks.

JPMorgan Chase is readying a fund that will allow rich clients and everyday investors alike to get a slice of the hottest thing on Wall Street: private credit. The bank filed a prospectus with ...

The funds are closed-end investment companies. The funds trade on the New York Stock Exchange (NYSE) under the following symbols: MAV, MHI and MIO. Keep in mind, distribution rates are not guaranteed.

A closed-end fund raises a fixed amount of capital through an initial public offering (IPO) and trades its shares on an exchange like a stock. Unlike open-end funds, closed-end funds do not issue ...

The Allspring Income Opportunities Fund is a closed-end high-yield bond fund. The fund's investment objective is to seek a high level of current income. The fund may, as a secondary objective ...

The following abrdn U.S. Closed-End Funds (NYSE:ACP, AGD, AOD, ASGI, AWP, HQH, HQL, IFN, JEQ, THQ, THW)(NYSE American:FAX, FCO, IAF, VFL), announced today that the ...

The task force for capital market reform recently submitted important recommendations for the mutual fund industry. Among their recommendations is the proposal to discontinue closed-end mutual funds ...

All closed-end mutual funds must be redeemed on reaching maturity and no tenure extension will be allowed, recommended a government-formed taskforce.