closed-end

American

[klohzd-end] / ˈkloʊzdˈɛnd /

adjective

of, relating to, or like a closed-end investment company.

Etymology

Origin of closed-end

1935–40;

Example Sentences

Examples are provided to illustrate real-world usage of words in context. Any opinions expressed do not reflect the views of Dictionary.com.

“BDCs are ground zero for value opportunity,” says Stephen O’Neill, portfolio manager at RiverNorth, a specialist in closed-end fund and BDC investments.

From Barron's

Weinstein has been on a crusade against managers of closed-end mutual funds, including BlackRock which, like the Blue Owl funds, limit investors’ ability to take their money out.

From The Wall Street Journal

Examples are the interval fund Ark Venture, from Cathie Wood, and The Private Shares Fund, which have large stakes in SpaceX, as well as closed-end fund Destiny Tech100, which has a stake in both Anthropic and SpaceX.

From Barron's

Sprott Physical Gold and Silver Trust CEF 8.21%increase; green up pointing triangle , a $10 billion closed-end bullion fund, traded at the end of last week for a 9.5% discount to its net asset value.

From The Wall Street Journal

But for bargain hunters seeking out deals amid the volatility, who are inclined already to invest in precious metals, closed-end bullion funds such as this could be a buying opportunity, at least while the large discounts remain.

From The Wall Street Journal

Definitions and idiom definitions from Dictionary.com Unabridged, based on the Random House Unabridged Dictionary, © Random House, Inc. 2023