Question

Investors who wish to liquidate their holdings in a closed-end fund may ___________________.

a. Sell their shares back to the fund at a discount if they wish
b. Sell their shares back to the fund at net asset value
c. Sell their shares on the open market
d. Sell their shares at a premium to net asset value if they wish

Answer 1

Investors who wish to liquidate their holdings in a closed-end fund may sell their shares on the open market.