A closed-end fund (or closed-ended fund) is a collective investment scheme that has a fixed number of shares which are not redeemable from the fund. Unlike open-end funds, new shares/units in a closed-end fund are not created by managers to meet demand from investors. Instead, the shares can be purchased (and sold) only in the market. This is the ... Found on http://en.wikipedia.org/wiki/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. Found on http://www.encyclo.co.uk/local/20047
A pooled fund that has a fixed number of shares usually listed on a major stock exchange. Unlike open-end mutual funds, closed end funds do not stand ready to issue or redeem shares on a continuous basis.
Found on http://www.encyclo.co.uk/local/20174
A closed end fund is a fund that has a limited number of shares in issue. An example being an investment trust. Found on http://www.encyclo.co.uk/local/20416
A collective fund which has a fixed number of issued shares traded on a stock exchange. Because... <a target=_blank href='http://www.finance-glossary.com/terms/closed-end-fund.htm?id=259&ginPtrCode=00000&PopupMode=false' title='Read full definition of closed end fund'>more</a>
Found on http://www.finance-glossary.com/pages/home.htm
A pooled investment fund that has a fixed capitalization after the initial issue. Fund shares are bought from or sold to other investors in the over-the-counter market or traded on an exchange (see open-end fund). Found on http://www.lectlaw.com/def/c047.htm