Closed-end versus Open-end: Share Redeemability and Cross-fund Subsidization The redeemability of open-end funds over closed-end funds gives fund managers the incentive to favor one over the other. Using a unique setting of ... P Mackay,DW Xiongwei - China International Conference in Finance...
Peter MacKay,Daniel Wu.Closed-end versusopen-end:share redeemability and cross-fund subsidization.2007 China International Conference in Finance. 2007Peter MacKay,Daniel Wu. Closed-end versus open-end:share redeemability and cross-fund subsidization[A].2007....
Define closed-door. closed-door synonyms, closed-door pronunciation, closed-door translation, English dictionary definition of closed-door. adj. Not open or accessible to the public; held in privacy: a series of closed-door meetings. American Heritage
The AI boom has raised the stakes in the tech industry’s long running debate over the merits of open source versus closed source software. But for Facebook parent company Meta, “unlocking” large language models is the only way to go if AI is to reach its full potential. “It’s ri...
These options include vendor financing, open and closed-end leasing, and Property Assessed Clean Energy (PACE) in those locations where it is available. Energy Efficiency Leaders Launch New Firm There are no published data on the extent of closed-end leasing with guaranteed versus fair market buy...
Costly Arbitrage: Evidence from Closed-End Funds Arbitrage costs lead to large deviations of prices from fundamentals. Using a sample of closed-end funds, I find that the market value of a fund is more li... J Pontiff - 《Quarterly Journal of Economics》 被引量: 1331发表: 1996年 Adverse...
End Date Update Results Result Frequency Download Data (.csv) Date Date Open High Low Close Volume 01/10/2025 01/10/2025 $21.72 $21.72 $21.36 $21.51 335,033 01/08/2025 01/08/2025 $21.68 $21.68 $21.52 $21.65 28,214 01/07/2025 ...
The article focuses on the plan of Cohen & Steers to launch a closed-end fund that will invest in preferred and other income securities. According to the filing, the fund will target traditional preferred securities, hybrid preferred securities, floating-rate preferred securities, corporate debt sec...
Closed-end funds share some similarities with open-end mutual funds, exchange-traded funds (ETFs), and unitinvestment trusts; however, there are some significant differences as well. Key Points The issuer of a closed-end fund sells a fixed number of shares during an initial public offering (un...
To this end, we may combine the above distance with the original MCR2-type objectives (5): namely, the rate reduction Δ𝑅(𝒁) and Δ𝑅(𝒁̂) for the learned LDR 𝒁 for 𝑿 and 𝒁̂ for the decoded 𝑿̂. Notice that although the encoder f tries to maximize the ...