The only costs of investing in a closed-end investment company are the commissions to buy and sell the shares.

Name: The only costs of investing in a closed-end investment company are the commissions to buy and sell the shares.
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Closed-end investment companies may also have management fees, annual operating expenses, and potential discounts or premiums to the net asset value (NAV) in addition to the commissions to buy and sell shares.

The Only Costs of Investing in a Closed-End Investment Company