You have closed end funds, trade as a security listed on the stock exchange, but what they do is own other securities.

假如你持有封闭式基金，这种基金在证券交易所作为一种债券进行交易，但是实际上它们做的是持有其他债券。

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Monthly dividend paying stocks can be an appropriate complement to other monthly-paying securities like closed-end bond funds.

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Special Offer: Trade foreign currency proxies, specific emerging markets and even global income securities with ETFs and closed-end funds.

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But unlike closed-end funds, if SuperUnits developed a discount to its underlying securities value, then institutional investors could arbitrage the units and profit risk-free.

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