Closed-End Fund Commentaries
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.