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What is a Closed-End Fund?

A closed-end fund is a collective investment model where a company raises a fixed amount of capital through a share offering.

It’s also known as a closed-end investment, and it trades on a stock exchange just like a stock. Closed-end funds that are managed generally tend to focus on a specific sector or segment of the market.

What is an Open-End Fund?
What Should I Know About IPOs?
Should I Buy IPOs For My Portfolio?

Keywords: security, capital, closed-end fund,