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Subject:  Re: Closed End Mutual Funds Date:  3/19/2001  7:16 PM
Author:  JORAYW Number:  6392 of 20632

Hi, GW!Is it best then to get out of a closed end fund as quickly as possible upon learning of it? Do they ever continue to gain in value long term? It sounds like there is no advantage for the investor to continue to hold a closed end fund. What is the fund managers purpose for doing so? It would seem if there are fewer investors involved and the fund continues to gain in price there are fewer to divide the spoils amongst.

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