account(BUSINESS WIRE) -- According to a special report published today by Fitch Ratings, the number of taxable closed-end funds (CEFs) utilizing auction rate preferred stock (ARPS) as leverage decreased to 40 at year-end 2010, from 112 at year-end 2007. Also,...
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Reactions to Fitch: Taxable Closed-End Funds Reduce ARPS Leverage, Shift to Alternate Forms
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