Interval Fund

Interval fund is a registered closed-end fund that periodically offers to repurchase a limited percentage of its outstanding shares.

Why this matters to income investors

Limited periodic repurchases can make a fund less liquid than its income payments suggest.

How to use interval fund in your research

Compare the cash distribution with the fund’s reported income, gains, and net asset value over several periods. Check the source and sustainability of the payment rather than relying on its quoted rate.

This material is general education and information, not individualized investment, tax, or legal advice.