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Closed-End Fund Commentaries


Equity Mutual Fund Managers Have Plenty Of Dry Powder

Aug 8, 2017
Click here to access Equity Mutual Fund Managers Have Plenty Of Dry Powder

View from the Observation Deck

1. Dry powder is a slang term referring to marketable securities that are highly liquid and considered cash-like, according to Investopedia.
2. As of 6/30/17,the value of liquid assets held by all U.S. equity mutual funds totaled $310.9 billion.




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