Closed-End Mutual Funds Can Trade at Either a Discount or a Premium

question 88

True/False

Closed-end mutual funds can trade at either a discount or a premium from their net asset value.

---

Definitions:

Scientific Names

A standardized two-part nomenclature used in biology to uniquely identify species, comprising a genus name followed by a species name.

Common Names

Simplified or non-scientific terms used to refer to species or objects, often varying regionally or culturally.

Unique

Being the only one of its kind; unlike anything else.

Adaptation

The evolutionary process by which organisms become better suited to their environment, leading to changes in traits over generations.