10% Promise Series Articles


August 20, 2014


August 18, 2014


August 15, 2014


August 13, 2014


August 12, 2014


August 11, 2014


July 25, 2014


July 24, 2014


July 23, 2014


July 22, 2014


July 21, 2014


Today's Market

updated 5 hours ago Sponsored by:
DOW 16,979.13 59.54 0.35%
S&P 500 1,986.51 4.91 0.25%
NASD 4,526.48 -1.03 -0.02%

Community: Investing Wiki

Term Of The Hour

closed end funds: Original post by Sue-Lynn Carty of Demand Media Unlike mutual funds, closed-end funds do not continuously redeem shares. For this reason, closed-end funds are not required to have a minimum amount of cash reserves on hand to pay out shareholder redemptions. However, closed-end funds may hold cash in its portfolio as part of its asset allocation or portfolio strategy.

Want to learn more or edit this definition?
Click here to read more!