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Wednesday, June 30, 2010 WSJ Sees a Revival in the Closed-End Fund Market Though closed-end funds have all but disappeared, some sponsors are finding them valuable as a way to offer specific investments to investors. Wednesday's Wall Street Journal Fund Track column, penned by Ian Salisbury, chronicles the launch last week of Eaton Vance Tax-Advantage Bond & Option Strategies Fund and ClearBridge Energy MLP Fund. The ClearBridge product raised $1.1 billion. "After two moribund years, the market for closed-end funds finally may be back," Salisbury writes. Printed from: MFWire.com/story.asp?s=32660 Copyright 2010, InvestmentWires, Inc. All Rights Reserved |