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Closed End


For "closed end" mutual funds as distinguished from mutual funds that increase available shares as investment dollars received by the fund come in.The converse of this, (that shares are of regular mutual funds decrease when investors withdraw money or sell shares) is the basis of professional investors preferring certain, specific kinds of well managed closed end funds. That permits the closed end fund manager the freedom to NOT sell illiquid, slowly traded shares they hold and further protects the closed end from massive "all at once" liquidations. However, CAVEAT: Buyers must learn the ropes because being closed end in no way assures quality managers or good investment potential in funds.



Germany Funds - The Germany Fund (NYSE: GER), The New Germany Fund (NYSE: GF) and The Central European Equity Fund (NYSE: CEE) are managed by the Deutsche Bank Group.
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Tricontinental Corporation - Invests primarily in common stocks with an objective of producing long-term growth of both capital and income while providing reasonable current income.
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Hambrecht & Quist Capital Management - Managers of two funds with a focus on bio-technology and health care(NYSE:HQH HQL).
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Fundsdata Ratings - Ranking based on discount from net asset value (NAV), annual expense ratio, and plans to reduce discount.
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Pilgrim Funds - Offers an income oriented fund that seeks to maintain low price volatility.
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Closed-End Funds Advisors - Advisory firm which concentrates its investments in closed-end funds.
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Asia Pacific Fund - Holdings consist of investments in equity securities of companies in the Asia Pacific region (NYSE:APB).
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Liberty Asset Management Company - Press releases, descriptions, and prices for All Star Equity (NYSE:USA) and All Star Growth (NYSE:ASG) funds.
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Holdr - Trust issued receipts that represent ownership of a fixed group of stocks (usually 20) in a particular segment of an industry.
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Gabelli Funds, Inc. - Offers a variety of value, growth and specialized equity funds, as well as fixed-income and closed-end convertible and equity funds.
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Morgan Meighen & Associates - Fund family that includes two Canadian (TSE:CGI THD) and one global fund(TSE:CWF).
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Van Kampen - Offers a variety of income, tax free municipal, and single state municipal funds.
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The Internet Closed-End Fund Investor - Features charts, profiles, forums, daily reports, and intra-week NAV estimates. Some features are for subscribers only.
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Closed-End Fund Center - Database of all domestic closed-end funds including daily NAV and market prices. Includes education, research articles and news and information from leading companies.
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Prospect Street - Prospect Street High Income Portfolio, with goal of high level of income with stable NAV and Prospect Street Income Shares, which seeks to provide a high level of current income, with capital appreciation as a secondary objective.
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TrustNet Limited - Investment Funds Information Service - Detailed daily performance data and information covering 600 UK investment trusts, offshore funds and US funds.
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Thomas J. Herzfeld Advisors, Inc. - Providers of research, consulting, stock brokerage and investment advisory services and managers of The Herzfeld Caribbean Basin Fund, Inc.
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Blue Chip Value Fund - Invests in approximately 50 large capitalization common stocks.
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Mexico Fund Inc. - Invests in stocks listed on the Mexican Stock Exchange.
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Check Analysis and Rating - Rates funds on a 5 point scale. Methodology is explained in detail in both German and English.
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Equus II Incorporated - Makes equity investments in small and medium-sized privately owned companies (NYSE:EQS).
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Bancroft and Ellsworth Convertible Funds - Offers information on these convertible security funds (AMEX: BCV ECF).
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Swiss Helvetia Fund - Seeks long-term capital appreciation through investment in equity and equity-linked securities of Swiss companies (NYSE: SWZ).
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Mulvihill Capital Management Inc. - Offers a family of nine funds with dual objectives of quarterly income distributions as well as preservation of capital.
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Preferred Income Funds - Offers two preferred stock funds that trade on the NYSE.
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Adams Express Company - Two funds; Adams Express which invests primarily in United States based companies (NYSE:ADX) and Petroleum & Resources Corporation (NYSE:PEO) emphasizing natural resources stocks.
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Closed End Fund Secrets - Information and an order form for a book about exploiting differences between NAVs and market prices of closed-end funds.
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Mt. Auburn Capital Corp. - Offers a family of closed-end, exchange-traded funds for investment by Canadian retail investors.
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Schultz Investment Advisors - A Registered Investment Advisor investing primarily in closed-end mutual funds.
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