Closed-end funds are publicly traded investment companies that have a limited amount of capital that is structured, listed, and traded on the stock exchange.

The following closed-end funds are regarded by a number of analysts and commentators as being the most promising in terms of growth and future performance for the year 2010.

Asia

• ING Asia Pacific High Dividend Equity Income Fund (IAE)

Australia

• Aberdeen Australia Equity Fund (IAF)

Central and Eastern Europe

• The Central Europe & Russia Fund (CEE)
• Morgan Stanley Eastern Europe Fund (RNE)

Chile

• Aberdeen Chile FundCH

China

• China Fund (CHN)
• Greater China Fund (GCF)
• JF China Region Fund (JFC)
• Morgan Stanley China A Share Fund (CAF)

Diversified International

• BlackRock International Growth & Income Fund (BGY)
• Clough Global Equity (GLQ)
• Clough Global Opportunities (GLO)
• ING Global Advantage & Premium Opportunity Fund (IGA)
• ING Global Equity Dividend and Premium Opportunity Fund (IGD)
• ING International High Dividend Equity Income Fund (IID)

Emerging Markets

• First Trust/Aberdeen Emerging Opportunity (FEO)
• Morgan Stanley Frontier Emerging Market Fund (FFD)
• Emerging Markets Telecommunications Fund (ETF)

Israel

• First Israel Fund (ISL)

Korea

• Korea Equity Fund (KEF)

Malaysia

• The Malaysia Fund (MAY)

Mexico

• The Mexico Fund (MXF)

Taiwan

• The Taiwan Fund (TWN)

Thailand

• The Thai Fund (TTF)
• The Thai Capital Fund (TF)

Turkey

• Turkish Investment Fund (TKF)

Sources

14 Cheap International Closed-End Funds

Five international closed-end funds for dividends

Foreign closed-end funds up slightly

Four Closed-End Funds for Capturing Current Income and Capital Growth

Investment Implications for the Chinese Yuan’s Anticipated Rise: Part III