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 ...

Evaluate whether the product is right for you and the level of risk you're willing to accept with your investments.

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.

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 ...

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 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.