There are numerous closed-end muni funds trading at double-digit percentage discounts to their NAVs.
有许多封闭式基金相对它们的基金资产净值有两位数百分比的折扣。
One retail route to the A-share market, he said, is the Morgan Stanley China a share Fund, a closed-end offering that started in 2007.
他说，一种进入A股市场的零售渠道是摩根·士丹利中国A股基金(Morgan Stanley ChinaaShare Fund)，这是从2007年开始推出的一种封闭型基金。
Worse, two little-noticed but important bits of the market have imploded this month, and there are fears for a third, known as closed-end municipal-bond funds.
更为糟糕的是，在这个月，债券市场中两个很少引起关注但是很重要的部分崩溃了，并且人们担心下一个可能是封闭式市政债券基金。
The discount of closed-end funds is a puzzle.
封闭式基金折价令人困惑。
The discount of closed-end fund always is one of the puzzles in financial area.
封闭式基金折价现象一直是金融领域中的一个难解之谜。
This paper attempts to investigate the potential cause of closed-end fund discounts in China.
本文试图研究中国封闭式基金折价的潜在原因。
The liquidity lack of fund market is the main reason that cause the discount of closed-end fund of our country.
基金市场流动性的缺失是造成目前我国封闭式基金深度折价交易现象的主要原因。
According to Efficient Markets Hypothesis, investors of closed-end funds can't earn excess risk-adjusted returns which accord with CAPM.
在有效市场的前提下，封闭式基金的收益应满足资本资产定价模型(CAPM)的假设，无法获得超额收益。
The discount of closed-end fund violates the financial theory and challenges "the Efficient Market Hypothesis", but there is no improved and convinced theory to explain it.
折价现象违背了“有效市场假说”，但至今没有完善、令人信服的理论充分解释。
From the Angle of the agent's cost which comes from the principal-agent between the investor and fund manager, the article analyses the reason of the discount of closed-end fund of our country.
从投资者和基金经理之间委托代理产生的代理成本的角度，分析了我国封闭式基金折价的原因。
Closed-end fund discount is a puzzle which perturbs many people, for it violates the efficient market hypothesis and challenges the modern financial theory.
封闭型基金折价是一个一直困扰人们的难解之谜，它违背了有效市场假说，是对现代金融理论的一种挑战。
The state eventually moves to an end state, such as Closed.
最终进入结束状态，比如Closed。
At the end of the workflow, the state of the damage claim is updated to Closed and the case is declared as a record as appropriate.
在这个工作流结束时，损害索赔的状态被更新为Closed，根据需要记录这个索赔。
But at the end of the summer, the CTO brought me into the corner office and closed the door.
但是在夏季即将结束时，CTO把我叫进经理办公室，并关上门。
Eventually I turned and looked toward the far end of the bridge. There on the corner to the east was a bright patch of light at an intersection of closed shops.
最后，我回过头来望向桥的另一头，只见东面的角落里有一片地方灯火通明，周围都是关闭的商店。
The shares of our country's closed end funds sell at discounts.
我国封闭式基金当前的市场价格存在着折价。
The hospital closed at the end of last year.
这所医院去年年底关闭。
The interface can also be closed prior to the end of the session, either programmatically or by the user.
也可以采用编程方式或由用户在会话结束之前关闭界面。
Rutland's post office closed decades ago. But at the end of Main Street is a school.
当地的邮局几十年前就歇业了，但是在主街道的尽头，有一所学校。
If the market does fall a lot, it can also rebound even more strongly. By choosing a closed end structure, Fidelity is presumably guarding against such an outcome.
如果市场真的大幅下跌，日后的反弹也就可能更加强劲。富达选择封闭式结构，大概正是为了防范这样的结果。
If you practice kicking a soccer ball with your eyes closed, it takes only a few tries to become quite good at predicting where the ball will end up.
如果你闭着眼睛练习踢足球，仅仅只需几次尝试就能很好的预测球的最终方位。
You’d reduce water use and end runoff by recycling water in a closed irrigation system.
人们还可以在封闭的灌溉系统中循环用水以减少用水量、避免径流造成土肥流失。
You'd reduce water use and end runoff by recycling water in a closed irrigation system.
人们还可以在封闭的灌溉系统中循环用水以减少用水量、避免径流造成土肥流失。
In the end, a substantial transfer from Saudi Arabia closed the gap.
最终，由沙特阿拉伯划拨的大量资金弥补了这一差额。
At the end, Daniel Barenboim impishly pushed the piano stool under the keyboard, closed the lid and gestured that he had no more to say.
最后，丹尼尔·巴伦博伊姆顽皮地将琴凳推入，合上钢琴盖，并做了个“无话可说了”的手势。
By the end of next year a total of 17 factories will have closed, including parts-makers.
到明年底将总共关闭包括配件厂在内的17家工厂。
By the end of next year a total of 17 factories will have closed, including parts-makers.
到明年底将总共关闭包括配件厂在内的17家工厂。
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