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 ...
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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 ...
Fundraising in the private-markets business can be tough. Wining and dining big investors for each new vehicle creates an ...
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.