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Morningstar, Inc. Commentaries


The Future of CEFs Gets Dimmer With DOL Ruling

May 12, 2016
Click here to access The Future of CEFs Gets Dimmer With DOL Ruling

Last month, the Department of Labor released its finalized rules on the Fiduciary Standard. We've discussed what that standard could mean for closed-end funds, particularly the IPO market, previously. This month, we will briefly revisit that discussion under the context of the new rules.



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Morningstar, Inc. is a leading provider of independent investment research in North America, Europe, Australia, and Asia. We offer an extensive line of products and services for individuals, financial advisors, and institutions.

Morningstar provides data on more than 385,000 investment offerings, including stocks, mutual funds, and similar vehicles, along with real-time global market data on more than 8 million equities, indexes, futures, options, commodities, and precious metals, in addition to foreign exchange and Treasury markets. Morningstar also offers investment management services and has approximately $195 billion in assets under advisement or management as of Sept. 30, 2012. We have operations in 27 countries.

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