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Education Center

Closed-End Funds and Index ETFs offer investors an important investment choice. How do they work? What measures are important? What are the tax implications? How do they fit in my portfolio?

Use the resources and links in this section to learn more about terms, features, uses and management of these funds. Check this page regularly, since information and articles will be updated periodically to reflect current market conditions.

Know Your Funds

Find out about the various characteristics, advantages, risks and opportunities that these funds offer by browsing through the following categories.
-Index ETFs
-Closed-End ETFs

Frequently Asked Questions

Click below for frequently asked questions about fund structures, portfolio asset classes, mechanics of buying and selling funds, comparisons, and more.

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Glossary of Terms

Click below for definitions to common terms and phrases to help understand exchange-traded closed-end funds, index ETF funds, and auction-rate preferred shares.

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Additional Resources

Several reference and educational sites to help your understanding.