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What is a closed end fund?

Closed end fund is a type of investment company whose shares are traded on the open market. Learn about closed end funds and how they can impact your personal investing strategy.

Are closed-end funds risky?

CEFs, like all investments, involve risk, including the possible loss of principal. What Is a Closed-End Fund? Closed-end funds (CEFs) are one of four main types of investment companies, along with mutual funds, exchange-traded funds (ETFs), and unit investment trusts (UITs).

What is a closed-end mutual fund?

The fund seeks to invest at least 80% of its assets in companies engaged in the exploration, mining or processing of gold, silver, diamonds or other precious metals. The fund had $459.3 million under management. A closed-end management company is an investment company that manages closed-end mutual funds.

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