In Friday's Wall Street Journal Fund Track, Diya Gullapalli reports that at least three fund firms -- BlackRock, Pimco and Legg Mason -- are planning to offer closed-end funds to take advantage of the Treasury's toxic-asset program.

BlackRock, for its part, is looking at a closed-end fund it launched in January, BlackRock Fixed Income Value Opportunities, as a possible template.

Other asset managers, such as Goldman Sachs Asset Management, T. Rowe Price, Fidelity and Franklin Resources, are currently evaluating the Treasury's program. 

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