Quantcast
The MFWire
Manage Email Alerts | Sponsorships | About MFWire | Who We Are

Subscribe to MFWire.com's News Alerts [click]

Rating:Closed-End Funds Have Gangbuster Day Not Rated 0.0 Email Routing List Email & Route  Print Print
Tuesday, March 29, 2005

Closed-End Funds Have Gangbuster Day

by: Theresa Sim

Three closed-end fund IPOs raised more than $2.3 billion on Tuesday.

Far-and-away raising the most cash was ING's Global Equity Dividend and Premium Opportunity Fund, which started trading on the NYSE on Tuesday.

The ING fund invests in global stocks with a history of dividend generation.

Meanwhile, a Gabelli natural resources fund raised $332 million on the AMEX and Nuveen's Tax-Advantaged Floating Rate Fund raised more than $300 million in an initial offering on the NYSE.

Gabelli's Global Gold, Natural Resources & Income Trust invests in gold and natural resources companies, while Nuveen's fund seeks value in adjustable rate preferred securities issued by small- to mid-sized banking companies.  

Stay ahead of the news ... Sign up for our email alerts now
CLICK HERE

0.0
 Do You Recommend This Story?



GO TO: MFWire
Return to Top
 News Archives
2019: Q3Q2Q1
2018: Q4Q3Q2Q1
2017: Q4Q3Q2Q1
2016: Q4Q3Q2Q1
2015: Q4Q3Q2Q1
2014: Q4Q3Q2Q1
2013: Q4Q3Q2Q1
2012: Q4Q3Q2Q1
2011: Q4Q3Q2Q1
2010: Q4Q3Q2Q1
2009: Q4Q3Q2Q1
2008: Q4Q3Q2Q1
2007: Q4Q3Q2Q1
2006: Q4Q3Q2Q1
2005: Q4Q3Q2Q1
2004: Q4Q3Q2Q1
2003: Q4Q3Q2Q1
2002: Q4Q3Q2Q1
 Subscribe via RSS:
Raw XML
Add to My Yahoo!
follow us in feedly




©All rights reserved to InvestmentWires, Inc. 1997-2019
14 Wall Street | 20th Floor | New York, NY 10005 | P: 212-331-8968 | F: 212-331-8998
Privacy Policy :: Terms of Use