: having a fixed capitalization of shares that are traded on the market at prices determined by the operation of the law of supply and demand
a closed-end investment company
compare open-end

Examples of closed-end in a Sentence

Recent Examples on the Web Half of the $1.05 billion in proceeds will go to Pershing Square USA, a closed-end fund that’s expected to go public later this summer, the person said. Sunny Nagpaul, Fortune, 31 May 2024 Shares of closed-end funds may trade above (a premium) or below (a discount) the net asset value (NAV) of the fund's portfolio. Fort Worth Star-Telegram, 31 May 2024 Shares of closed-end funds may trade above (a premium) or below (a discount) the NAV of the fund's portfolio. Miami Herald, 15 May 2024 Launched in September 2022, the closed-end interval fund invests in both public and private firms — including Elon Musk’s SpaceX, Epic Games Inc., Freenome Holdings Inc. and Relation Therapeutics. Edward Ludlow, Fortune, 12 Apr. 2024 Launched in September 2022, the closed-end Ark fund invests in both public and private firms — including Elon Musk’s SpaceX, Epic Games Inc., Freenome Holdings Inc. and Relation Therapeutics. Edward Ludlow, Fortune, 12 Apr. 2024 By picking up high-yielding closed-end funds (CEFs) focusing on real estate—particularly real estate investment trusts (REITs). Michael Foster, Forbes, 24 Feb. 2024 Elliott took a big position in Pershing Square Holdings, a closed-end vehicle that traded at a discount to the value of its assets, while shorting the underlying securities held in the fund, Ackman said. Yiqin Shen, Fortune, 23 Feb. 2024 Our conviction continues to be that the USA is the best place to find top dividend payers—including our favorite high-yielding closed-end funds (CEFs). Michael Foster, Forbes, 10 Feb. 2024

These examples are programmatically compiled from various online sources to illustrate current usage of the word 'closed-end.' Any opinions expressed in the examples do not represent those of Merriam-Webster or its editors. Send us feedback about these examples.

Word History

First Known Use

circa 1938, in the meaning defined above

Time Traveler
The first known use of closed-end was circa 1938

Dictionary Entries Near closed-end

Cite this Entry

“Closed-end.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/closed-end. Accessed 23 Jun. 2024.

Legal Definition

closed-end

adjective
: having a fixed capitalization of shares that are traded on the market at prices determined by supply and demand
a closed-end investment company
compare open-end
Last Updated: - Updated example sentences
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