A closed-end fund is an investment management company with a unique structure. Although it has a portfolio manager that ...

Closed-end funds are considered a market paradox. They offer a fixed number of shares, unlike their more popular cousins like open-ended mutual funds and ETFs. Therein lies their strategic, if not ...

Open-end funds allow investors to buy and sell shares at any time based on the current net asset value (NAV), while closed-end funds have a fixed number of shares and are traded on stock exchanges ...

(Bloomberg) -- Money managers ranging from Boaz Weinstein’s Saba Capital Management to AQR Capital Management are pouncing on historic dislocations in a normally sleepy corner of the investment world.

Saba Capital, founded by Boaz Weinstein, has won industry awards and focuses on activism to close discounts in closed-end funds. The Saba Closed-End Funds ETF aims to generate high income and ...

The universe of ETFs of CEFs is small, but Invesco CEF Income Composite ETF has significantly more assets and a longer history than the rest. PCEF diversifies away some risk, but it is more ...