[Series 65] 30, Closed-End Funds and UITs
This podcast is made by Ran Chen, who holds an EA license, Insurance and Securities licenses (Series 6, 63, 65), and the CFP® designation. He is passionate about opening access to high-quality exam preparation resources and helping learners prepare more effectively for professional certification exams. In this episode you will learn: - Closed-end funds issue a fixed number of shares in an IPO and then trade on the secondary market like a stock. - A closed-end fund's market price is driven by supply and demand, often causing it to trade at a premium or discount to its Net Asset Value (NAV). -…
The skinny
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