open-end fund- a regulated investment company with a pool of assets that regularly sells and redeems its shares mutual fund company,open-end investment company,mutual fund investment company,investment firm,investment trust,fund- a financial institution that sells shares to individuals and invests in...
+Buy convertible bond +Sell short the underlying stock based on DELTA +Invest the proceed of the short sales in MMKT instruments Convertible Arbitrage: Source of Income -coupons on convertible bonds +Interest paid annually on a bond -Short interest credit from short stock positions ...
open-end fund - a regulated investment company with a pool of assets that regularly sells and redeems its shares mutual fund company, open-end investment company, mutual fund investment company, investment firm, investment trust, fund - a financial institution that sells shares to individuals and...
For bond funds in the pandemic period, slightly larger distances between bonds in period two are evident with a similar number of clusters. There are also more 1-element clusters in period two.ebrowska-Suchodolska, DorotaWarsaw University of Life Sciences—SGGW...
Bond funds have smaller total capital gains returns but realize similar fractions of the total capital gains that they produce (25.5% for the long-term bond funds and 42.3% for the short-term bond funds). Table 1. Components of mutual-fund returns. Sample: Open-end mutual funds – 1976–...
Closed-end funds can contain a variety of different securities, but most closed-end funds are bond funds, according to ICI, accounting for about 61 percent of closed-end fund assets at the end of 2022. The remaining 39 percent are equity closed-end funds. ...
Currently, all securities funds in China are contract-type funds. Close-ended Fund The total value of a close-ended fund is determined when the fund is initiated by the fund promoter. When the raised capital exceeds 80% of the total value, the fund is established and locked up. During the...
Open-End vs. Closed-End Funds Open-end fund shares are bought and sold directly from themutual fundcompany. There is no limit to the number of available shares because thefund companycan continue to create new shares, as needed, to meet investor demand. On the reverse side, a portfolio ma...
In contrast, an open-end fund, such as most mutual funds and exchange-traded funds (ETFs), accepts a constant flow of new investment capital. It issues new shares and buys back its own shares on demand. Many municipal bond funds and some global investment funds are closed-end funds. ...
Closed-end fundsare more likely than open-end funds to include alternative investments in their portfolios, such asfutures, derivatives, or foreign currency. Examples of closed-end funds include municipal bond funds. These funds try to minimize risk by investing in local ...