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Tortoise Capital Advisors Announces Distribution Dates and Amounts for Closed-End Funds LEAWOOD, Kan.--(BUSINESS WIRE)-- Certain closed-end funds managed by Tortoise Capital Advisors declaredthe ...
Closed-end funds are traded on exchanges, and in that respect they are like exchange-traded funds (ETFs), but there are important differences between these two kinds of security. The price of a closed-end fund's shares is completely determined by investor demand, and this price often diverges substantially from the NAV of the fund assets.
Tortoise Capital Advisors Announces Tax Characterization of 2012 Closed-End Fund Distributions LEAWOOD, Kan.--(BUSINESS WIRE)-- Tortoise Capital Advisors today announced the tax characterization ...
Tortoise North American Energy Corp. is a publicly-traded closed-end fund focused primarily on investing in securities of MLPs, including energy infrastructure, oil and gas exploitation and ...
In June 2023, Saba launched a lawsuit against 16 closed-end funds over control-share provisions. These funds were run by BlackRock, Franklin Resources, Tortoise Capital Advisors, Adams Funds and FS Investments.
Tortoise Capital Advisors, L.L.C. Announces Release of 2012 Annual Reports for Closed-End Funds (NDP, NTG, TPZ, TTP, TYG, TYN and TYY) LEAWOOD, Kan.--(BUSINESS WIRE) ...
Virtus' closed-end funds are managed by four affiliated managers. The closed-end funds trade on the New York Stock Exchange. Retail separately managed accounts comprise intermediary programs, sponsored and distributed by unaffiliated brokerage firms, and private client accounts, which are offered to the high-net-worth clients of the affiliated ...
If you’re considering investing in a mutual fund or ETF, you might have heard the terms “open-end” and “closed-end” -- and immediately scratched your head in confusion. Indeed, these are ...
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