Closed-End Funds

Investing 101: What Is a Mutual Fund?

What exactly is a mutual fund? Sophia Bera explains in simple terms how these funds allow average investors to own more of the market with a smaller amount of money.

5 Obscure Investments to Boost Your Income

With interest rates at historic lows and traditional low-risk vehicles paying rock-bottom returns, more and more investors are turning to once-obscure investments that promise much more income than you'll get from a bank CD right now.

Is NeXt a Better Way to Buy Into Facebook Before the IPO?

Unless you're ultra-wealthy or willing to chance the vagaries of the secondary markets, you can't invest yet in hot social networking companies like Facebook or Zynga. But soon there may be an alternative: a new fund called NeXt BDC Capital that will take stakes in top-quality venture-backed firms like those.

ETFs Vs. Closed-End Funds: Which Is Right For You?

Closed-end funds have been around since 1893. So how do the granddaddies of the investment fund world stack up beside the new kid on the block -- the exchange-traded fund? Here's your ETF vs. CEF guide.