4a0b8878_h___Virtus_Investment_Partners__Open_End_Mutual_Funds
[Preferred Ranking] #5 [Closed-End Funds] Volatility Closed-end funds are inherently more volatile than their open-end counterparts. First, because the leverage used by closed-end funds will magnify NAV fluctuations. Second, because the share price moves independently from NAV, i.e., selling sparked by negative news may not only put pressure on the value of underlying holdings, but may also widen the fund’s discount. [Open-End Mutual Funds] 
Yield or Distribution Rate For funds with an income component, open-end fund investors place an emphasis on how much the fund distributes and how often payouts are made. Distribution size expectations are typically more moderate than for closed-end funds. Unlike for closed-end funds, many open-end fund investors opt for reinvestment.
Love Me, Love Me Not? Finding the Right Fund Match | Virtus Investment Partners
Open-End Mutual Funds