News by subject: Mutual Fund

Interactive Brokers Group, Inc. today announced the launch of its new Mutual Fund Marketplace, which offers availability to more than 25,000 mutual funds, including over 21,000 no load and 8,300 no transaction fee funds, from more than 290 fund...

Astor Investment Management LLC is pleased to announce it is being honored with two 2020 Refinitiv Lipper Fund Awards in the United States. In the Alternative Multi-Strategy Funds category, the Astor Macro Alternative Fund, Class I (GBLMX)...

Waddell & Reed Financial, Inc. today reported preliminary assets under management of $60.9 billion for the month ended April 30, 2020, compared to $56.0 billion on March 31, 2020. Assets Under Management ($ in Millions)   Preliminary  ...

Waddell & Reed, Inc. has added four experienced financial advisors to its national network, with assets under administration totaling $235.9 million and annual production totaling $1.7 million. The addition of these independent advisors represents...

Domini Impact Investments LLC, a U.S. pioneer in the impact investing field, is pleased to announce the recent launch of the Domini Sustainable Solutions Fund, a new mutual fund dedicated to investing in innovative, solution-oriented companies...

MFS Investment Management® (MFS®) announced today monthly distributions of the following closed-end funds, all with declaration dates of May 1, 2020, ex-dividend dates of May 12, 2020, record dates of May 13, 2020, and payable dates of May 29, 2020:...

Schwartz Investment Counsel, Inc., a registered investment adviser established in 1980 and manager of the Ave Maria Mutual Funds, has announced the launch of its newest fund, the Ave Maria Focused Fund (Ticker: AVEAX) effective May 1, 2020. The Fund...

Jensen Investment Management, a 100% employee owned investment management firm founded in 1988, is pleased to announce the launch of a new mutual fund: the Jensen Global Quality Growth Fund (Retail Share Class: JGQSX, Institutional Share Class: JGQIX...

In light of public health concerns regarding the coronavirus pandemic and to support the well-being of our shareholders and communities, the Special Meeting of Shareholders (the "Meeting") of Putnam International Growth Fund (the "Fund"), a series of...

Waddell & Reed Financial, Inc. today reported preliminary assets under management of $56.0 billion for the month ended March 31, 2020, compared to $65.0 billion on February 29, 2020. Assets Under Management ($ in Millions)...

Janus Henderson Investors today announced it has filed a preliminary registration statement with the Securities and Exchange Commission for the Global Sustainable Equity Fund, an open-end mutual fund, as an extension of its existing Global...

Waddell & Reed Financial, Inc. today provided notice of a change in location for the Company's 2020 Annual Meeting of Stockholders via the filing of additional proxy materials with the SEC. Due to the emerging public health impact of the...

MFS Investment Management® (MFS®) announced today monthly distributions of the following closed-end funds, all with declaration dates of April 1, 2020, ex-dividend dates of April 14, 2020, record dates of April 15, 2020, and payable dates of April...

Tortoise today announced that AquaVenture Holdings Ltd. will be removed from the Tortoise Global Water ESG Total Return IndexSM with weight allocated pro rata to existing constituents, effective April 1, 2020, as a result of the completion of the...

Wasatch Global Investors announced today that it would reopen the Wasatch Core Growth, International Growth, and Small Cap Growth Funds and related institutional strategies to new investors, effective immediately. Consistent with Wasatch's...

Tekla Life Sciences Investors (the "Fund") announced today that its Board of Trustees authorized a renewal of its share repurchase program. The current share repurchase program allows the Fund to purchase in the open market up to 12% of its...

Tortoise today announced upcoming additions and deletions to its indices as part of its regular quarterly rebalancing for the first quarter of 2020. Following the close of trading on March 20, 2020, the indices will be rebalanced and as a result, the...

Schwartz Investment Counsel, Inc., a registered investment adviser established in 1980 and manager of the Ave Maria Mutual Funds, has announced the promotion of Michael J. Schwartz from Senior Vice President to Executive Vice President effective...

Waddell & Reed Financial, Inc. today reported preliminary assets under management of $65.0 billion for the month ended February 29, 2020, compared to $69.2 billion on January 31, 2020. Assets Under Management ($ in Millions) Preliminary...

Astor Investment Management LLC is pleased to announce it is being honored with two 2020 Refinitiv Lipper Fund Awards in the United States. In the Alternative Multi-Strategy Funds category, the Astor Macro Alternative Fund, Class I (GBLMX)...

Employee-owned Baird announced that the Baird Short-Term Municipal Bond Fund (BTMIX) has received the 2020 Refinitiv Lipper Fund Award. The fund was named Best Fund Over 3-Years for the period ending November 30, 2019, among 39 short term municipal...

Putnam Investments announced today that two of its mutual funds received 2020 Lipper Fund Awards in recognition of consistently strong risk-adjusted performance relative to their peers over periods of three or more years. The Putnam funds honored...

Charles Schwab Investment Management, Inc. (CSIM) announced today that its Schwab Fundamental US Large Company Index Fund (SFLNX) has won a 2020 US Refinitiv Lipper Fund Award for outstanding fund performance. The annual Refinitiv Lipper Fund Awards...

Osterweis Capital Management, an independently owned asset manager, recently celebrated the three-year anniversary of its investment grade fixed income strategy, the Osterweis Total Return Fund (OSTRX). According to data provided by eVestment,...

On February 28, 2020, BNY Mellon Alcentra Global Multi-Strategy Credit Fund, Inc. (Ticker: XALCX) today declared a distribution of $2.00 per share of common stock, payable on April 1, 2020 to shareholders of record at the close of business on March...

Waddell & Reed Financial, Inc. today reported preliminary assets under management of $69.2 billion for the month ended January 31, 2020, compared to $70.0 billion on December 31, 2019.             Assets Under Management          ...

Tortoise announces the release of its Tortoise Tax-Advantaged Social Infrastructure Fund quarterly commentary piece The piece highlights deal transactions made during the quarter and includes a market update and outlook. A copy of the commentary...

Canyon Partners, a global alternative asset manager with over $26 billion in assets under management, is pleased to announce the five-year anniversary of the River Canyon Total Return Bond Fund (ticker: RCTIX). Since inception in 2014, the fund has...

Tortoise continues its focus on delivering innovative client solutions along with exceptional client service with the addition of a new team member dedicated to its exchange-traded products platform. Scott Ellspermann joined Tortoise in 2020 as...

Tortoise has changed the name of one of its open-end funds from Tortoise Select Opportunity Fund to Tortoise Energy Evolution Fund. The fund has also adopted an expansion of its strategy allowing the portfolio to expand its sector and geographic...

Waddell & Reed Financial, Inc. today reported preliminary assets under management of $70.0 billion for the month ended December 31, 2019, compared to $69.4 billion on November 30, 2019. Assets Under Management ($ in Millions) Preliminary...

Tortoise today announced that Jagged Peak Energy Inc. will be removed from the Tortoise North American Oil & Gas Producers IndexSM (TNEP) following the completion of the acquisition by Parsley Energy, Inc. . JAG will be removed from TNEP at market...

The Leuthold Group has announced the launch of the Leuthold Core ETF , an exchange-traded fund that was designed as a core holding for investors seeking steady growth along with the liquidity and convenience of an ETF. It will apply the same...

Tortoise Essential Assets Income Term Fund provides an update on direct investments and portfolio allocation as of Dec. 31, 2019 on the company website here. Monthly updates on the fund's direct investments, portfolio...

Pacific Global ETFs, one of Pacific Life's family of funds, announced today the addition of a floating-rate loan exchanged-traded fund (ETF) to its lineup. Pacific Global Senior Loan ETF is an actively managed...

Schwartz Investment Counsel, Inc. (the Firm), the investment adviser for the Ave Maria Mutual Funds, has announced portfolio manager changes and promotions effective January 1, 2020. For the Ave Maria Rising Dividend Fund (Ticker: AVEDX), Joseph W....

This notice provides stockholders of Tortoise Power and Energy Infrastructure Fund, Inc. with information regarding the distribution paid on Dec. 31, 2019 and cumulative distributions paid fiscal year-to-date. The following table sets forth the...

Tortoise today announced that Carbonite, Inc. will be removed from Tortoise Global Cloud Infrastructure IndexSM, effective Dec. 26, 2019, as a result of the completion of the acquisition by Open Text Corporation. . About Tortoise Tortoise...

Tortoise today announced the release of a podcast providing an update on the social infrastructure platform including an update and outlook on specific investments. The podcast is available here. About Tortoise Tortoise invests in essential...

Tortoise today announced that Kinder Morgan Canada Limited will be removed from the Tortoise North American Pipeline IndexSM (TNAP) as a result of the acquisition by Pembina Pipeline Corp. . KML will be removed from TNAP at market open on Dec. 19,...

Caravan Capital Management, a boutique manager specializing in emerging markets and frontier market strategies, announces the launch of the Caravan Emerging Markets Strategy, which seeks to exploit inefficiencies within emerging markets for...

In an effort to provide visibility to our shareholders, Tortoise Tax-Advantaged Social Infrastructure Fund (TSIFX) is providing additional detail on its recent decline in net asset value (NAV). This decline was a result of markdowns in investments in...

Tortoise today announced upcoming additions and deletions to its indices as part of its regular quarterly rebalancing for the fourth quarter of 2019. Following the close of trading on Dec. 20, 2019, the indices will be rebalanced and as a result, the...

Waddell & Reed Financial, Inc. today reported preliminary assets under management of $69.4 billion for the month ended November 30, 2019, compared to $68.9 billion on October 31, 2019. Net flows in the institutional channel included $572 million...

High Income Securities Fund (the "Fund") today announced that the Fund's Board of Directors (the "Board") has declared a year-end cash dividend of $0.0544 per share on its common stock which is estimated to consist entirely of short-term capital...

Amundi Pioneer today introduced Pioneer Securitized Income Fund (Ticker: XSILX), an interval fund investing primarily in high yielding (below investment grade) mortgage-backed securities, asset-backed securities, and other securitized credit...

To assist our shareholders with year-end planning, we are providing estimates of the per-share capital gains distribution expected to be paid during 2019. These estimates were prepared using capital gain amounts as of October 31, 2019. The estimates...

On 10/18/2016, Ladder Capital Asset Management LLC ("LCAM") launched the Ladder Select Bond Fund ("Fund"), and after the ?rst three years, it has generated risk-adjusted returns in the top quartile within the Morningstar Short-Term Bond Category....

Voya Investments, LLC (the "Adviser") announced today an open-market share repurchase program for Voya Prime Rate Trust (the "Fund"). The Fund's Board of Trustees has authorized an open-market share repurchase program pursuant to which the Fund...

Tortoise today announced that SemGroup Corp. will be removed from the Tortoise North American Pipeline IndexSM (TNAP) following the completion of the acquisition by Energy Transfer LP . SEMG is expected to be removed from TNAP at market open on...