Faculty News
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A paper by Prof. Edwin Elton on closed-end funds is highlighted
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![](/sites/default/files/styles/192w_x_144h/public/assets/images/con_030943.jpg?h=cd55d432&itok=CIaaCEwn)
Excerpt from SmartMoney -- "[Elton] reckons the existence of closed-end funds is owed mostly to their effective use of leverage. "
Faculty News
—
![](/sites/default/files/styles/192w_x_144h/public/assets/images/con_030943.jpg?h=cd55d432&itok=CIaaCEwn)
Excerpt from SmartMoney -- "[Elton] reckons the existence of closed-end funds is owed mostly to their effective use of leverage. "