News by subject: Mutual Fund

Waddell & Reed Financial, Inc. today reported preliminary assets under management of $71.9 billion for the month ended June 30, 2019, compared to $68.6 billion on May 31, 2019. Assets Under Management ($ in Millions) Preliminary...

Hartford Funds today announced that it has introduced the Hartford AARP Balanced Retirement Fund (ticker: HAFIX). Sub-advised by Wellington Management Company LLP, the Hartford AARP Balanced Retirement Fund seeks to provide long-term total return...

ALPS Advisors, Inc., an asset manager and wholly owned subsidiary of SS&C Technologies, Inc., today celebrated the one-year anniversary of its strategic partnership with Smith Capital Investors, an investment management firm focused on fixed-income...

G.research and Gabelli Asset Management are hosting a unique line-up of industry and legal professionals to address several fundamental issues facing the Funds industry today. The conference will start by addressing the dynamics around Rule...

Pacific Funds expanded its lineup of fixed-income products recently with the launch of Pacific Funds Ultra Short Income designed to seek income, preserve capital and protect against interest-rate volatility. Pacific Funds Ultra Short Income is...

The continuing expansion of Waddell & Reed, Inc.'s advisory program offerings has brought a new addition to its Managed Allocation Portfolios lineup. The latest offering, MAPDirect, provides clients and their advisors access to more than 1,800...

Sierra Investment Management today announced that it has again been named to the 2019 Financial Times' list of the top U.S. independent registered investment advisors, assessed on traits desirable to clients. This is the second consecutive year and...

The ALPS Equal Sector Weight ETF (Exchange-Traded Fund) declared its second quarter distribution on June 19, 2019 in the amount of $0.41453. The dividend is payable on June 27, 2019 to shareholders of record on June 21, 2019. EQL Distribution:...

Waddell & Reed Financial, Inc. today announced several additional steps to continue to position itself for future organic and inorganic growth: Brent Bloss, Chief Operating Officer, expands his role overseeing all...

Voya Investment Management, the asset management business of Voya Financial, Inc. , announced today the distributions on the common shares of six of its closed-end funds (each a "Fund" and collectively, the "Funds")....

Natixis Investment Managers Canada LP ("Natixis") today announced several changes to its mutual fund offering. Natixis is: lowering the risk rating for certain funds, changing the distribution...

Tortoise today announced upcoming additions and deletions to its indices as part of its regular quarterly rebalancing for the second quarter of 2019. Following the close of trading on June 21, 2019, the indices will be rebalanced...

Ivy Investment Management Co. today announced a quarterly distribution for the Ivy Focused Value NextShares exchange-traded managed fund. The distribution schedule and amount is as follows:...

Randy Swan, Founder and Chief Executive Officer of Swan Global Investments ("Swan"), a leading provider of hedged equity solutions and mutual fund products for more than two decades, today announced the publication of his first...

Waddell & Reed Financial, Inc. today reported preliminary assets under management of $68.6 billion for the month ended May 31, 2019, compared to $72.9 billion on April 30, 2019.  ...

Waddell & Reed Financial, Inc. announced today it has undertaken a comprehensive review of its future real estate needs and is currently evaluating options for a new corporate headquarters. After reviewing numerous...

Hartford Funds today announced that it has launched its first two multifactor mutual funds, the Hartford Multifactor International Fund (ticker: HMIVX) and the Hartford Multifactor Large Cap Value Fund (ticker: HMLVX). The...

The Principal Real Estate Income Fund announces the sources of a distribution paid on May 31, 2019 of $0.11 per share to shareholders of record at the close of business on May 17, 2019, pursuant to the Fund's managed...

International Value Advisers, LLC ("IVA") in conjunction with the IVA Fiduciary Trust Board of Trustees has announced that it will reduce its mutual fund management fees for existing and prospective clients. This decrease will go...

Portfolio manager responsibilities for six closed-end funds for which Symphony Asset Management serves as subadvisor have been updated. There will be no impact on the investment approach, investment strategies or any of the...

High Income Securities Fund (the "Fund") today announced that the Fund will provide its net asset value per share ("NAV") as of the last trading day of each week and month on its website at https://highincomesecuritiesfund.com/...

Waddell & Reed Financial, Inc. today reported preliminary assets under management of $72.9 billion for the month ended April 30, 2019, compared to $71.7 billion on March 31, 2019.  ...

Angel Oak Capital Advisors, LLC (Angel Oak), is pleased to announce that the Angel Oak UltraShort Income Fund (AOUIX) celebrated its one-year anniversary on April 2, 2019. As of April 30, its one-year total return...

The Alerian Energy Infrastructure ETF (Exchange-Traded Fund) declared its second quarter distribution on May 8, 2019 in the amount of $0.28753. The dividend is payable on May 16, 2019 to shareholders of record on May 10, 2019....

Goldman Sachs MLP and Energy Renaissance Fund (the "Fund") is pleased to announce its quarterly distribution of $0.16 per common share, the same as the previous quarter. The distribution is payable on the date noted below....

Three Nuveen ETFs have declared monthly distributions. The following dates apply to the distributions: Ex-Dividend Date    ...

This notice provides stockholders of Tortoise Power and Energy Infrastructure Fund, Inc. with information regarding the distribution paid on April 30, 2019 and cumulative distributions paid fiscal year-to-date....

Waddell & Reed Financial, Inc. today reported first quarter 2019 net income1 of $32.1 million, or $0.42 per diluted share, compared to net income of $46.5 million, or $0.60 per diluted share, during the prior quarter and net...

RiverNorth Capital Management, LLC ("RiverNorth"), a boutique investment management firm specializing in opportunistic investment strategies, will hold a webcast today, titled "Fear and Greed," which will provide an update on the...

Waddell & Reed Financial, Inc. is expected to announce first quarter financial and operational results before the market opens on Tuesday, April 30, 2019 and host a conference call at 10:00 a.m. Eastern to discuss the quarterly...

m+ funds, a leading defined outcome investment manager offering buffered, growth and preservation funds, announced today the launch of the Defined Preservation 95 fund. Designed to deliver the positive price appreciation of SPDR®...

Tortoise today announced that Ellie Mae will be removed from the Tortoise Global Digital Payments Infrastructure Index® (TPMT) at the close of business on April 16, 2019 following the completion of the acquisition by private...

Red Rocks Capital announced today that its Global Listed Private Equity (GLPE) Index advanced during Q1-2019, up 14.59%. The gain was driven by strong private company growth along with attractive listed private equity (LPE)...

High Income Securities Fund (the "Fund") today announced that the Board of Trustees has determined to implement a Transitional Investment Strategy. Prior to the Fund's recently completed self-tender offer, shareholders...

On March 28, 2019, a press release was issued for Voya Global Advantage and Premium Opportunity Fund (the "Fund") announcing changes to the Fund's sub-advisory relationship, investment strategies, and portfolio managers...

Waddell & Reed Financial, Inc. today reported preliminary assets under management of $71.7 billion for the month ended March 31, 2019, compared to $71.6 billion on February 28, 2019....

The Reaves Utility Income Fund announced today the next three monthly dividends at a rate of $0.17 per common share per month, unchanged from the per share rate paid for the previous quarter. As of April 5, 2019, the Fund's...

Gabelli Funds, LLC, a subsidiary of GAMCO Investors, Inc. ("GAMCO"), announced today that Gabelli Pet Parentstm (the "Fund") is now available as a no-load, mutual fund registered under the Investment Company Act of 1940 under...

Gabelli Funds, LLC, a subsidiary of GAMCO Investors, Inc. , announced today that Gabelli Media Mogul Fund (the "Fund") is now available as a no-load, open-ended mutual fund registered under the Investment Company Act of 1940...

HSBC Global Asset Management (HSBC) has introduced enhancements to two of its fixed income mutual funds, aiming to better align them with common US allocation models. The HSBC Strategic Income Fund (HBIAX, HBIIX) and the HSBC...

Tortoise today announced that Gemalto N.V. (GTO NA) will be removed from the Tortoise Global Digital Payments Infrastructure Index® (TPMT) at the close of business on April 2, 2019 following the completion of the acquisition by...

The Principal Real Estate Income Fund announces the sources of a distribution paid on March 29, 2019 of $0.11 per share to shareholders of record at the close of business on March 15, 2019, pursuant to the Fund's managed...

RMB Funds announced that the RMB Mendon Financial Services Fund (the "Fund") is reopening to new investors as of today, March 29, 2019. The Fund had been under "soft close" since March 2017 to ensure that the Fund could be...

GQG Partners LLC, a leading global equity investment boutique, is pleased to announce the launch of the GQG Partners Global Quality Equity Fund (Institutional Class: GQRIX, Investor Class: GQRPX, and Retirement1 Class: GQRRX)....

The Board of Trustees ("the Board") of Voya Global Advantage and Premium Opportunity Fund (the "Fund") has approved changes to the Fund's sub-advisory relationship. In connection with these approvals, the investment strategies...

The Nuveen Short-Term REIT ETF has declared a distribution. The following dates apply to the distribution: Ex-Dividend Date  ...

Janus Henderson Group plc released its Annual Report for the year ended 31 December 2018, and it is now available on the Janus Henderson Group website. To access the Annual Report, go to www.janushenderson.com/ir...

ProFunds, a leader in leveraged and inverse fund investing, announced today that its Mobile Telecommunications UltraSector ProFund will change benchmarks, scheduled to occur after the market closes on May 20, 2019. The fund will...

The High Income Securities Fund (the "Fund") today announced that its offer to purchase up to 55% of its outstanding shares (or approximately 7,111,696 shares) for cash at 99% of the per share net asset value ("NAV") as...

High Income Securities Fund, Inc. (the "Fund") today announced that it is extending its tender offer to purchase up to 55% of its outstanding shares (or approximately 7,111,696 shares) for cash at 99% of the per share net asset...