The Fund seeks capital appreciation by investing primarily in common stock or other equity securities of Asia Pacific...
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CLOSED END FUNDS
A closed-end fund, legally known as a closed-end company is one of three basic tupes of investment companies. Generally, closed-end funds do not continuously offer their shares for sale, but rather sell a fixed number of shares at one time. Shares are then typically traded on a secondary market (like NASDAQ or NYSE), where the price determined by the market may be greater or less than the shares’ net asset value.
This topic looks at closed-end funds as an investment alternative, including content on particular closed end funds or sectors, including municipal bond funds, foreign funds, income funds, and real estate funds.
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