Shareholder Content

Through a series of white papers, the ICI Broker/Dealer Advisory Committee’s (BDAC) Interval Funds Task Force (Task Force) has educated stakeholders about the unique operating needs and requirements of interval funds. While most interval funds are continuously offered, the fund may...

October 25, 2023—Closed-end funds (CEFs) trying to fend off hostile hedge funds and other activist investors are facing another headwind from an unexpected corner: proxy advisory firms.

When the European Commission released its proposed EU Retail Investment Strategy (RIS) package, it noted that capital market participation in the European Union has traditionally been lower than in the United States. We sometimes hear that part of the reason for this discrepancy is...

The recently released EU Retail Investment Strategy (RIS) aims to advance the Capital Markets Union (CMU) and empower retail investor participation in the capital markets, including through UCITS and similar products, with a package of proposed legislative changes. ICI Global strongly...

Over the past 80 years, closed-end funds (CEFs) have helped millions of Americans achieve their long-term financial goals. Representing $252 billion in assets as of year-end 2022, CEFs are professionally managed, subject to a robust regulatory framework, and have several unique...

Individual retirement accounts (IRAs) represent the largest share of assets in the US retirement market, with assets totaling $13.9 trillion at year-end 2021 (Figure 1). Forty-five percent of this total is held in mutual funds, with IRA mutual fund investors primarily invested in...

As Valentine’s Day approaches, many wonder how to best express their love. Sure, dozens of roses, chocolates, or a Shakespearean sonnet would bring happiness this Valentine’s Day, but you might want to consider—whether for yourself or your spouse—a contribution to an individual...

Closed-end funds provide retail investors with many benefits but have recently come up against some tough challenges. Congress should now come together to pass the Increasing Investor Opportunities Act and help closed-end funds overcome these challenges before them, for the benefit of...