Whether a fund is organized as a closed- or an open-end fund,is will have the same basic organizational structure.

Name: Whether a fund is organized as a closed- or an open-end fund,is will have the same basic organizational structure.
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Both closed-end and open-end funds have a similar organizational structure, including a board of directors/trustees, investment advisor, custodian, and transfer agent. However, there are some key differences in their operations and investment strategies.

Whether a Fund Is Organized as a Closed- or an Open-End