The Closed-End Fund Association (CEFA) is the national trade association representing the closed-end fund industry, and business development companies (BDCs).
CEFA is committed to educating investors about the many benefits of closed-end funds and to providing a resource for information about its members and their offerings. The members of CEFA are among the leading investment companies in the United States, Canada and abroad, recognized for their long-term service to shareholders. Together, CEFA and its members are committed to fostering awareness, understanding and responsiveness in serving the needs of individual investors, advisors and institutions that use closed-end funds as core investments to reach their long-term investment goals.
CEFA continuously works to promote the positive aspects of the closed-end segment of the investment company industry. The Association and its members believe strongly that the closed-end structure, with a stable pool of assets and an opportunity for leverage, among other attributes, provides a meaningful alternative for portfolio managers and investors. The closed-end structure is a vital investment vehicle available to financial markets and investment management organizations.
A not-for-profit association, CEFA extends membership to investment companies, brokerage firms, legal firms, accounting firms, data providers, transfer agencies and other organizations that help manage, directly distribute or provide services to closes-end funds and BDCs. For more information on membership, contact us. For more information about CEFA access: