Closed-End Fund Pricing Theories and Evidence

Closed-End Investment Companies (CEICs) have experienced a significant revival of interest, both as investment vehicles and as the subject of academic research, over the past decade. This academic research has focused on the nature of closed-end funds' discounts and premiums and on the share pr...

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Bibliographic Details
Main Authors: Anderson, Seth, Born, Jeffery A. (Author)
Format: eBook
Language:English
Published: New York, NY Springer US 2002, 2002
Edition:1st ed. 2002
Series:Innovations in Financial Markets and Institutions
Subjects:
Online Access:
Collection: Springer Book Archives -2004 - Collection details see MPG.ReNa
Table of Contents:
  • An Introduction to Investment Companies
  • A Brief Overview of the Closed-End Fund Industry
  • Content Summaries of Volumes One and Two
  • Closed-End Fund Discounts as an Investor Sentiment Index
  • Closed-End Country Funds and International Diversification Benefits
  • Other Efforts to Explain Closed-End Fund Discounts
  • Idiosyncratic Closed-End Fund Studies
  • Summary of Findings
  • Conclusion
  • References