ICI Viewpoints
ICI Viewpoints
Academic Literature in Support of CEF Activism: We Don’t Think Those Studies Mean What You Think The...
April 11, 2025—One of the most enduring questions in finance is the puzzle of why closed-end funds...
ICI Viewpoints
Fixing Our Broken Proxy Voting System
November 15, 2024—Just as publicly traded companies do, mutual funds, ETFs, and closed-end funds...
ICI Viewpoints
Proxy Advisory Firms—Killing Closed-End Funds Softly with Their Policies
October 25, 2023—Closed-end funds (CEFs) trying to fend off hostile hedge funds and other activist...
ICI Viewpoints
Shareholder Activism Threatens Closed-End Funds and Their Investors
Over the past 80 years, closed-end funds (CEFs) have helped millions of Americans achieve their long...
ICI Viewpoints
Closed-End Funds at a Crossroads
Closed-end funds provide retail investors with many benefits but have recently come up against some...
ICI Viewpoints
Closed-End Funds: Opportunities for a True Renaissance
Closed-end funds are in vogue once again. Legislators, regulators, and fund sponsors are turning to...
ICI Viewpoints
Improving Operational Efficiency for Interval Funds
Fund firms that offer interval funds—a type of closed-end fund that periodically offers to...
ICI Viewpoints
ICI Study: Closed-End Fund Assets Were $262 Billion at Year-End 2016
ICI recently released its annual report on the closed-end fund market, which analyzes data on closed...
ICI Viewpoints
Securities Lending by Mutual Funds, ETFs, and Closed-End Funds: Are the Risks Systemic?
The Financial Stability Oversight Council (FSOC), the U.S. Treasury’s Office of Financial Research...
ICI Viewpoints
Securities Lending by Mutual Funds, ETFs, and Closed-End Funds: Regulators’ Concerns
This post is the third in a series that focuses on securities lending by U.S. regulated funds—mutual...
ICI Viewpoints
Securities Lending by Mutual Funds, ETFs, and Closed-End Funds: The Market
As the potential risks of securities lending are discussed and debated by the Financial Stability...
ICI Viewpoints
Securities Lending by Mutual Funds, ETFs, and Closed-End Funds: The Basics
The Financial Stability Oversight Council (FSOC) recently announced that it has directed its staff...
ICI Viewpoints
Get a Closer Look at Closed-End Funds
ICI has recently updated several of its key closed-end funds resources.