News by subject: Mutual Fund

Ariel Investments, adviser to Ariel Investment Trust, announced today that Eric H. Holder, Jr., 82nd Attorney General of the United States, has been appointed to the Trust's Board of Trustees. Mr. Holder served as...

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:...

The Virtus Vontobel Global Opportunities Fund (WWOIX) has been honored with a 2019 Lipper Fund Award for its risk-adjusted performance over five years in the Global Equity Large-Cap Growth category. "This award is a...

The annual Lipper Fund Awards recognizes funds that have excelled in delivering consistently strong risk-adjusted performance relative to peers. At the 2019 Lipper Awards U.S., Baron Global Advantage Fund (Institutional shares)...

Waddell & Reed Financial, Inc. today reported preliminary assets under management of $71.6 billion for the month ended February 28, 2019, compared to $70.0 billion on January 31, 2019....

Tortoise today announced upcoming additions and deletions to its indices as part of its regular quarterly rebalancing for the first quarter of 2019. Following the close of trading on March 15, 2019, the indices will be rebalanced...

GuideStone Funds®, the nation's largest faith-based mutual fund family, is pleased to announce it has been awarded the Refinitiv Lipper Award for Best Overall Small Fund Family 2019. This is the second time GuideStone® has been...

The singular focus at Cambiar Investors is delivering strong investment returns to our clients. In conjunction with this unwavering commitment, Cambiar is announcing a reduction in the management fee and related net expense...

Ocean Park Asset Management, a Santa Monica-based asset management firm with a unique investment approach that focuses on limiting downside risk, announced today that its Ocean Park Diversified Municipal Bond Model will be...

ICON Advisers, Inc., adviser to the ICON Funds, announced today that the ICON Natural Resources Fund (ICBMX) was recognized last night in New York as a 2019 Lipper Fund Award winner. The Lipper Fund Awards recognize funds that...

VanEck announced today that the VanEck International Investors Gold Fund, Class I (ticker: INIIX) has received a 2019 Lipper Fund Award from Refinitiv (the former Financial and Risk business of Thomson Reuters) for Best Fund over...

ALPS Advisors, Inc., acquired by SS&C, providing products and services to the financial services industry, today announced The Fund - Workplace Equality Portfolio -- will close to new investors on April 25, 2019 and liquidate on...

Hartford Funds today announced that it has launched the Hartford Schroders Securitized Income Fund (ticker:HITIX). Sub-advised by Schroder Investment Management North America Inc., the Hartford Schroders Securitized Income...

The Principal Real Estate Income Fund announces the sources of a distribution paid on February 28, 2019 of $0.11 per share to shareholders of record at the close of business on February 15, 2019, pursuant to the Fund's managed...

Tortoise today announced a constituent change due to the acquisition of Western Gas Partners LP by Western Gas Equity Partners LP as part of its simplification transaction. The combined entity will be renamed Western Midstream...

Fidelity Investments®, one of the industry's most diversified financial services organizations with more than $7.1 trillion in client assets, today announced the launch of Fidelity Founders Fund (FIFNX), with retail and...

Nuveen Real Estate, one of the largest global real estate investment managers with $125 billion of assets under management, announced the launch of its U.S. Cities Multifamily Fund (the "Fund"), an open-end perpetual life real...

The Mexico Equity and Income Fund, Inc. (the "Fund") today announced that its offer to purchase up to 1,723,866 shares of the Fund at 99% of the net asset value ("NAV") per share as determined at the close of the regular trading...

The Alerian MLP ETF declared its first quarter 2019 distribution of $0.1950 on Wednesday, February 13th. The dividend is payable on February 21, 2019 to shareholders of record on February 15, 2019. Based on current financial...

The Alerian Energy Infrastructure ETF (Exchange?Traded Fund) declared its first quarter distribution on February 13, 2019 in the amount of $0.25892. The dividend is payable on February 21, 2019 to shareholders of record on February 15,...

Waddell & Reed Financial, Inc. today reported preliminary assets under management of $70.0 billion for the month ended January 31, 2019, compared to $65.8 billion on December 31, 2018. Assets Under...

IIFL Asset Management (IIFL AMC) is pleased to announce the launch of its first Luxembourg domiciled UCITS Fund, IIFL India Equity Opportunities Fund (?IIFL Fund') by virtue of merger of Ashburton India Equity Opportunities Fund...

Tortoise today announced the launch of two digital infrastructure ETFs, Tortoise Cloud Infrastructure Fund (Cboe BZX: TCLD) and Tortoise Digital Payments Infrastructure Fund (Cboe BZX: TPAY). Tortoise invests in...

The Leuthold Group announced today the appointment of Scott Opsal as co-portfolio manager on two Leuthold mutual funds and their respective separate-account strategies: Leuthold Select Industries Fund (LSLTX) and Leuthold Global...

Catalyst Funds, an alternative-focused mutual fund company, today announced the launch of the Catalyst Enhanced Income Strategy Fund (EIXIX). The Fund employs an income-focused strategy that invests in a variety of...

RiverPark Advisors, LLC today announced the conversion of the RiverPark Floating Rate CMBS Fund (RCRIX, RCRFX) to an open-end mutual fund with daily liquidity from an interval fund. The strategy is managed by Edward L. Shugrue...

ALPS Advisors, Inc., acquired by SS&C, providing products and services to the financial services industry, today announced The Fund - BUZZ US Sentiment Leaders ETF -- will close to new investors on February 28, 2019 and...

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

Red Rocks Capital announced today that its Global Listed Private Equity (GLPE) Index retreated during the fourth quarter of 2018, down 18.66%, during what was a highly volatile global market environment. Public market...

In a continuing expansion of its advisory product lineup, Waddell & Reed, Inc. has introduced a new third-party strategist program that offers a wide range of portfolios, including both exchange-traded fund (ETF) and mutual fund...

Morrow Sodali announced today that Vincent Di Costa, founder of Di Costa Partners, has joined the firm as head of strategic and solicitation services for mutual funds and Exchange Traded Funds (ETFs). Mr. Di Costa pioneered the...