Closed-end Fund Report

The closed-end fund report shows pertinent information about the major Canadian closed-end funds. Closed-end funds issue a set number of shares (unlike ordinary mutual funds that are constantly buying and selling units) and then list them on a stock exchange where they can be bought and sold by the public.

You can sort the data in a column by clicking on the column heading. Click once to sort in ascending order; click again to sort in descending order.

Below is a description of some of the data shown in this report:

Fund Name - This column displays the fund name and the date on which the NAV and Price were last updated. Click the fund name to view a snapshot with annual financials, key company personnel and contact information.

Symbol - The primary trading symbol for the fund. Click the symbol to get a quote with net and percentage price changes, trading volume, the 52-week high and low and links to recent news, charts and price history.

NAV (Net Asset Value) - The net asset value of a mutual fund is the dollar value of one unit of the fund and is calculated by dividing the current market value of the fund's assets, less liabilities, by the number of units outstanding. The NAV is the latest value reported to globefund.com by the fund companies.

Price - The latest trading price from globeinvestor.com. Some funds have preferred shares which are included in the calculation of price. Check prospectus or latest annual report for further information.

Discount/Premium - The percentage difference between the fund's trading price and the fund's NAV. If the trading price is less than the NAV, the fund is trading at a discount. If the trading price is greater than the NAV, the fund is trading at a premium.