Escolar Documentos
Profissional Documentos
Cultura Documentos
Closed-end funds (CEFs) have long been effective investments for investors who seek Key Points:
the traditional advantages of open-end mutual funds and who also appreciate the unique
} Closed-end funds can play an important
advantages that closed-end funds can provide.
role in a diversified investment strategy.
Closed-end funds can play an important role in a diversified investment strategy. Not } Closed-end funds are managed according
only do closed-end funds offer investors the potential for generating capital growth and to a variety of investment mandates.
income through investment performance, dividends and distributions, the manner in
which they trade may present an investor with the opportunity to purchase shares at
a discount to the value of the funds assets.
In recent years, closed-end funds have evolved to include a variety of sectors and
structures to accommodate the objectives and risk tolerance of a wide range of investors.
This guide is not to be construed as a solicitation or an offer to buy or sell securities. The views contained herein are those of BlackRock and
are based on information obtained by BlackRock from sources that are believed to be reliable. This material should not be considered tax,
investment, legal or other professional advice. The information herein is not necessarily all-inclusive and is not guaranteed as to accuracy.
Reliance upon information in this guide is at the sole discretion of the reader. Past performance does not guarantee future results. No
assurance can be given that a fund will achieve its investment objective. The investment return and principal value of an investment will
fluctuate, so that an investors shares, when redeemed or sold, may be worth more or less than their original cost.
BlackRock is a registered trademark of BlackRock, Inc. All other trademarks are the property of their respective owners.
AC5168-1110 / CEF-INVGUIDE-1110