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Solid Income Investments in Liquid Form: Managed Closed End Funds
Unlike conventional mutual funds, CEFs do not issue and redeem shares directly with investors at net asset value. CEFs are listed on national securities exchanges, where shares of the Investment Company are purchased and sold in transactions with other investors, just like individual company stocks, and most often not at net asset value.
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LinkedIn Recommendation:
 C. Denney [LION] - Interim COO | Chief Operations Officer | Operations Director at LTS International - It's hard to write something about Teo that doesn't sound "Over The Top". A link minded person that knows the in's and out's of the business on a high-end level without giving runaround answers. I would work with Teo again in a heartbeat!! - December 9, 2011, C. was a consultant or contractor to Teo at Net-Teams, Inc. |
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