which one of the following is true with respect to closed-end funds? course hero

by Magali Welch 7 min read

What happens to shares in closed-end funds when the fund closes?

Shares in closed-end funds must be held until the funds mature. D. Once a fund closes, a new investor is unable to purchase shares in that fund. E. Shares of closed-end funds trade just like stocks. 4. Which of the following are three key advantages of mutual funds?

What would require the general fund to credit cash and debit?

The initial transfer of cash from the General Fund to establish a motor pool internal service fund would require the General Fund to credit Cash and debit: B. Other Financing Uses-Transfers Out Control.

Which journal entry would record the prior year's deferred inflows?

The journal entry to record the prior year's deferred Inflows: property taxes (those expected to be collected more than 60 days beyond year-end) as revenue in the current year would include: D. A and C would both be included in the journal entry

What are the two types of equity funds?

I) They invest primarily in stock. II) They may hold fixed-income securities as well as stock. III) Most hold money market securities as well as stock. IV) Two types of equity funds are income funds and growth funds. E. I, II, III, and IV

What is true about closed-end funds?

A closed-end fund is a type of mutual fund that issues a fixed number of shares through a single initial public offering (IPO) to raise capital for its initial investments. Its shares can then be bought and sold on a stock exchange but no new shares will be created and no new money will flow into the fund.

What is good about closed-end funds?

Closed-end funds are able to take out debt to invest even more money into their selections, which can certainly lead to more volatility – but also bigger distribution rates and returns. And VVR juices its returns by leveraging its portfolio by about 25%.

What is a closed-end fund quizlet?

Closed-end fund: A mutual fund whose shares are issued by an investment company only when the fund is originally set up.

What are closed-end funds examples?

Closed-end funds are investment vehicles with shares listed on multiple global stock exchanges, like the New York Stock Exchange and the London Stock Exchange, that essentially trade like stocks.

Which of the following is a characteristic of closed-end funds?

Which of the following is a characteristic of closed-end funds? Closed-end fund shares are bought and sold in the secondary market.

How do closed-end funds trade?

An investment company manages a closed-end fund's portfolio, and its shares actively trade on a stock exchange throughout the day. Unlike ETFs or mutual funds, outside investors buy and sell the shares of closed-end funds on the secondary market.

What are closed-end investment companies?

Closed-end funds are a type of investment company whose shares are traded in the open market like a stock or ETF. Capital does not flow into or out of the funds when shareholders buy or sell shares.

How does a closed-end fund differ from an open-end fund quizlet?

What are the sources of return form an investment in a closed-end investment company? The difference between closed‑end and open‑end investment companies (mutual funds) is their capital structures. A closed‑end investment company has a fixed number of shares, while a mutual fund's number of shares continuously changes.

Are closed-end funds listed?

There are currently 452 closed-end funds or CEFs traded on U.S. stock exchanges....List of Closed-End Funds.SymbolCEFHistorical average dividend yield0.17%Leverage factor1.00Average volume504,618ActionAnalyze39 more columns

Which of the following is true of closed-end funds but not of open-end funds?

Which of the following is true of closed end funds but not of open end funds? Have a fixed number of shares- Open end funds can issue an unlimited number of shares. Closed end funds have a fixed number of shares.

What is a closed in fund?

A closed fund is a fund that is either closed to investors (temporarily or permanently) or has ceased to exist. Funds can close for various reasons, but primarily they close because the investment advisor has determined that the fund's asset base is getting too large to effectively execute its investing style.

Which one of the following statements correctly relates to closed-end funds?

The correct choice is E. Shares of closed-end funds trade just like stocks. Shares in a closed-end fund are traded just like in the stock exchange...

About This Quiz & Worksheet

This quiz/worksheet combo helps you assess your knowledge of closed-end funds. Questions will cover what this type of fund is and how it functions.

Additional Learning

If you are still curious about this type of investment company, review the lesson titled What is a Closed-End Fund? - Definition & Examples. This lesson will explain new topics, such as:

Concept and design

Writer Hasei Seishu was in charge of conceiving the cast of Yakuza, mostly Kiryu and Date in order to make them fit into the narrative. By Yakuza 4, Kiryu was seen as "indestructible" by the staff, and as a result, he was made the last character playable in the game, following three new characters that stood out thanks to their different traits.

Player characters

Kazuma Kiryu ( 桐生 一馬, Kiryū Kazuma) is the main protagonist in the series. Born on June 17, 1968, he was raised during the 1970s in the Sunflower Orphanage with Akira "Nishiki" Nishikiyama, who became his best friend, the latter's sister Yuko and Yumi Sawamura who joined in 1980.

Tojo Clan

The Tojo Clan or "Tojo Association" ( 東城会, Tōjō-kai) is Kanto's largest yakuza organization within the franchise's universe. Founded by Makoto Tojo, it is headed by its 6th Chairman Daigo Dojima of the Dojima Family as of the events of Yakuza 2 .

Omi Alliance

The " Omi Alliance" (近江連合, Ōmi Rengō) is a powerful yakuza association based in Osaka .

Ueno Seiwa Clan

Debuting in Yakuza 4, the Ueno Seiwa Clan ( 上野誠和会) is an organization that was in the midst of a power-struggle with the Tojo Clan in 1985. 18 of its men were gunned down by a single man. Soon after the incident, the organization reconciled with the Tojo Clan.

Tokyo Metropolitan Police Department

Chief superintendent of the criminal investigation division. He asks Date to investigate the money-laundering during the missing 10 billion yen case.

Osaka Prefectural Police Department

25-year-old Sayama is a lead detective of the Osakan police. Sayama's work within Division 4 earned her the nickname "the Yakuza Eater".