Closed-End Fund Association
The Closed-End Fund Association (CEFA) is the leading national trade association representing the closed-end fund and interval fund industry. As a not-for-profit organization, CEFA is dedicated to educating investors and financial advisors about the structure, performance, and benefits of closed-end funds as effective tools for portfolio diversification and income generation. The association promotes awareness, transparency, and accessibility within the CEF market, supporting both institutional and individual investors. CEFA represents top investment companies and fund advisors active in the secondary market and serves as a trusted source for data, research, and educational resources. Through its initiatives such as industry events, the CEF Insights podcast and video series, regular market updates, and its comprehensive online platform, CEFA provides valuable insights into the evolving world of closed-end and interval funds, helping investors make informed decisions and enhance long-term portfolio performance.
ABOUT CEFA
The Closed-End Fund Association (CEFA) is the leading U.S. trade organization representing the closed-end and interval fund industry, driven by fund sponsors and financial advisors.
CEFA’s members include some of the most respected investment companies in the United States, Canada, and internationally, each recognized for their long-term commitment to shareholders and market integrity.
The association plays a key role in helping financial advisors and investors understand critical aspects of closed-end funds, such as pricing discounts and premiums, leverage, liquidity, and distribution strategies.
In addition, CEFA actively supports the growth, professionalism, and transparency of the closed-end fund marketplace through advocacy, standard-setting, and educational initiatives.
CEFA CORE ACTIVITIES
Investor and Advisor Education – CEFA develops and distributes educational resources, including videos, infographics, and whitepapers, to explain closed-end fund structures, risks, and investment strategies.
CEF Insights Podcast and Media – The “CEF Insights” podcast and video series feature fund managers, strategists, and market experts who discuss sector trends, market developments, and fund performance.
Data and Research – CEFA provides access to closed-end fund data and research, helping investors analyze market behavior, compare fund performance, and make informed investment decisions.
Industry Representation and Collaboration – CEFA serves as a collaborative hub for fund sponsors, asset managers, custodians, and financial advisors, promoting best practices and strengthening the closed-end fund ecosystem.