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Closed-End Funds
Investment funds with a fixed number of shares that are traded on stock exchanges, similar to stocks.
Net Asset Value
The per-share value of a mutual fund or ETF, calculated by dividing the total value of all the securities in the portfolio, minus liabilities, by the number of shares outstanding.
Liquidate Positions
The process of selling securities or other assets to convert them into cash, often done to exit a market or meet financial obligations.
Money Market Mutual Funds
Mutual funds that invest in short-term, high-quality debt securities and are designed to offer investors liquidity and a safe place to invest in the short term.
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