Closed-End Funds Content

Washington, DC, April 30, 2015—Total assets of closed-end funds (CEFs) increased to $289 billion at year-end 2014, up $10 billion from year-end 2013. Demand for new bond CEF shares, however, slowed substantially during the same time frame, according to an updated annual study released...

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The Financial Stability Oversight Council (FSOC), the U.S. Treasury’s Office of Financial Research (OFR), and the Financial Stability Board (FSB) are charged with identifying systemic risks.

This post is the third in a series that focuses on securities lending by U.S. regulated funds—mutual funds, exchange traded funds (ETFs), and closed-end funds that are registered under the Investment Company Act of 1940.

As the potential risks of securities lending are discussed and debated by the Financial Stability Oversight Council (FSOC), the U.S. Treasury’s Office of Financial Research (OFR), and the Financial Stability Board (FSB), it is important to try to understand both the overall size of...

The Financial Stability Oversight Council (FSOC) recently announced that it has directed its staff to “undertake a more focused analysis of industry-wide products and activities to assess potential risks associated with the asset management industry.”

The August 15, 2014, edition of Focus on Funds features ICI Senior Economist Shelly Antoniewicz discussing the key points of a recently released ICI research report on closed-end funds.

July 15, 2014

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Money Flowing into Closed-End Funds Remained Steady in 2013 After Several Years of Increases Equity Closed-End Fund Assets Comprise Growing Share of Total CEF Market Washington, DC, March 28, 2014 - Money flowing into closed-end funds (CEFs)—net new issuance—remained steady from 2012...