And now one closed-end fund activist has found a way to help them do so.

In some cases, they then tried to pressure the managers of closed-end funds to make that happen.

"We need to separate out the market impact and issues related to closed-end funds," he said.

But in a closed-end fund, the number of shares are fixed.

Leverage is the tool of choice today among closed-end funds.

It's very possible you could do just as good or better with a closed-end fund."

And the answer will be watched closely by managers of other closed-end funds.

But despite their strong showing in recent years, closed-end funds seem exotic to some investors.

Closed-end funds may not always be able to profit from this leverage.

The average loss for closed-end funds that did not use leverage was much less - 13.6 percent - during the same period.

Shares of closed-end funds are often listed on major exchanges.

A closed-end fund, by contrast, has only one initial offering of stock.

The same thing is happening now in single-country closed-end funds.

Initial public offerings of closed-end funds are a bad deal for most investors.

The growth of closed-end funds amazed many on Wall Street.

That is the message sent by single-country closed-end funds in the first half of 1991.

First, they should understand that country funds are the most volatile sector of the closed-end fund industry.

For people thinking of investing in closed-end funds, there are two factors to analyze.

Now, as at most other closed-end funds, the price has fallen below the net asset value.

Investors will soon be given the names of portfolio managers at closed-end funds.

Instead, investors trade the shares of closed-end funds in the open market on the various exchanges.

She didn't ask questions, didn't even want to know what a closed-end fund was.

The shares of many closed-end funds have been trading at discounts for the last two years.

Closed-end funds issue a fixed number of shares that trade on stock exchanges.

There are good reasons for the popularity of tax-free closed-end funds.