Funds

EXPANDED CLASS PERIOD NOTICE: Kaskela Law LLC Announces Expanded Class Period in Shareholder Class Action Lawsuits Against Pareteum Corp. (TEUM) and Encourages Investors with Losses in Excess of $100,000 to Contact the Firm

Retrieved on: 
Tuesday, November 12, 2019
Legal, Professional services, Economy, Finance, Money, Funds, Investors

Pareteum investors who suffered an investment loss in excess of $100,000 are encouraged to contact Kaskela Law LLC (D. Seamus Kaskela, Esq.)

Key Points: 
  • Pareteum investors who suffered an investment loss in excess of $100,000 are encouraged to contact Kaskela Law LLC (D. Seamus Kaskela, Esq.)
  • at (888) 715 1740, or by email at [email protected] , to discuss this action and their legal rights and options.
  • The shareholder class action lawsuits allege that Pareteum and certain of the Companys executive officers issued a series of false and misleading statements to investors during the Class Period.
  • Pareteum investors are encouraged to contact Kaskela Law LLC to discuss this action and their legal rights and options.

First Trust Specialty Finance and Financial Opportunities Fund Decreases its Quarterly Distribution to $0.135 Per Share

Retrieved on: 
Tuesday, November 12, 2019
Other Professional Services, Professional services, Finance, Finance, Money, Economy, Funds, Investment, Institutional investors, Stock fund, Bond fund

We believe the decreased dividend is better aligned with our expectation for the Funds income in the future.

Key Points: 
  • We believe the decreased dividend is better aligned with our expectation for the Funds income in the future.
  • The Fund is a non-diversified, closed-end management investment company that seeks to provide a high level of current income.
  • The Fund pursues these investment objectives by investing at least 80% of its managed assets in a portfolio of securities of specialty finance and other financial companies that the Fund's investment sub-advisor believes offer attractive opportunities for income and capital appreciation.
  • First Trust Advisors L.P. ("FTA") is a federally registered investment advisor and serves as the Fund's investment advisor.

Macquarie/First Trust Global Infrastructure/Utilities Dividend & Income Fund Declares its Quarterly Distribution of $0.25 Per Share

Retrieved on: 
Tuesday, November 12, 2019
Professional services, Finance, Finance, Money, Economy, Institutional investors, Mutual fund, Exchange-traded fund, Dividend, Share, Funds

Macquarie/First Trust Global Infrastructure/Utilities Dividend & Income Fund (the "Fund") (NYSE: MFD) has declared the Fund's regularly scheduled quarterly distribution of $0.25 per share.

Key Points: 
  • Macquarie/First Trust Global Infrastructure/Utilities Dividend & Income Fund (the "Fund") (NYSE: MFD) has declared the Fund's regularly scheduled quarterly distribution of $0.25 per share.
  • The distribution will be payable on November 29, 2019, to shareholders of record as of November 25, 2019.
  • First Trust Advisors L.P. ("FTA") is a federally registered investment advisor and serves as the Fund's investment advisor.
  • FTP is also a distributor of mutual fund shares and exchange-traded fund creation units.

Glancy Prongay & Murray LLP Announces Investigation on Behalf of Fluent, Inc. Investors

Retrieved on: 
Tuesday, November 12, 2019
Legal, Professional services, Finance, Money, Economy, Stock market, Funds, Corporate finance, Stock, Investor, Security

Glancy Prongay & Murray LLP (GPM) announces an investigation on behalf of Fluent, Inc. (Fluent or the Company) (NASDAQ: FLNT ) investors concerning the Company and its officers possible violations of federal securities laws.

Key Points: 
  • Glancy Prongay & Murray LLP (GPM) announces an investigation on behalf of Fluent, Inc. (Fluent or the Company) (NASDAQ: FLNT ) investors concerning the Company and its officers possible violations of federal securities laws.
  • If you are a shareholder who suffered a loss, click here to participate.
  • On this news, the Companys stock price fell $0.925 per share, or nearly 37%, during intraday trading on November 12, 2019, thereby injuring investors.
  • This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules.

Source Capital, Inc. Declares Quarterly Distribution on Common Stock

Retrieved on: 
Monday, November 11, 2019
Banking, Professional services, Finance, Economy, Finance, Money, Investment, Financial ratios, Equity securities, Stock market, Funds, Rate of return, Stock, Return of capital, Index fund

Source Capital, Inc. (the Fund) is a closed-end investment company managed by First Pacific Advisors, LP.

Key Points: 
  • Source Capital, Inc. (the Fund) is a closed-end investment company managed by First Pacific Advisors, LP.
  • A return of capital is not taxable; rather it reduces a shareholders tax basis in his or her shares of the Fund.
  • The Funds distribution rate may be affected by numerous factors, including changes in realized and projected market returns, Fund performance, and other factors.
  • As with any stock, the price of the Funds common shares will fluctuate with market conditions and other factors.

Tortoise Announces 2019 Estimated Character of Distributions for the Tortoise Midstream Mutual Funds

Retrieved on: 
Monday, November 11, 2019
Energy, Professional services, Oil, Gas, Finance, Funds, Income fund, Alerian, SteelPath, Corporate finance, Legal entities, Tortoise, Tortoise MLP & Energy Income Fund, Tortoise MLP & Energy Infrastructure Fund, Tortoise MLP & Pipeline Fund, Tortoise Select Opportunity Fund

The Tortoise MLP & Energy Income Fund invests in securities across the capital structure of North American midstream energy infrastructure companies, including MLPs, common equity, preferred equity and bonds.

Key Points: 
  • The Tortoise MLP & Energy Income Fund invests in securities across the capital structure of North American midstream energy infrastructure companies, including MLPs, common equity, preferred equity and bonds.
  • Based on the prevailing market and economic conditions, Tortoise may shift the funds proportional exposure to these opportunities over time.
  • Tortoise Capital Advisors, LLC is the Advisor to the Tortoise MLP & Pipeline Fund, Tortoise Select Opportunity Fund, Tortoise MLP & Energy Infrastructure Fund and Tortoise MLP & Energy Income Fund.
  • The Tortoise MLP & Energy Infrastructure Fund and Tortoise MLP & Energy Income Fund are distributed by IMST Distributors, LLC.

Four in five global investors plan to increase allocations to China in next 12 months, according to EIU and Invesco study

Retrieved on: 
Monday, November 11, 2019
Finance, Money, Economy, Investment, Funds, Investment fund, Exchange-traded fund, Index fund

This could include specific allocation to equities, fixed income or alternative assets through managed funds, ETFs or other investment vehicles.

Key Points: 
  • This could include specific allocation to equities, fixed income or alternative assets through managed funds, ETFs or other investment vehicles.
  • For the remaining 10% without this dedicated allocation, about two-thirds still pursue China exposure through a global-, Asia- or emerging-market basket.
  • Many have begun to recognize China as a key investment destination and a pillar of global portfolio allocation.
  • Survey respondents remain positive about the outlook for the global economy, and even more positive on China.

Eagle Growth and Income Opportunities Fund Declares Monthly Distribution of $0.08 Per Share

Retrieved on: 
Friday, November 8, 2019
Finance, Money, Economy, Funds, Investment, Closed-end fund, Institutional investors, Hedge fund, Net asset value

Closed-end funds frequently trade at a discount to NAV, which may increase the investors risk of loss.

Key Points: 
  • Closed-end funds frequently trade at a discount to NAV, which may increase the investors risk of loss.
  • The Fund is a diversified, closed-end management investment company that is advised by THL Credit Advisors LLC and sub-advised by Eagle Asset Management, Inc.
  • The Funds investment objective is to provide total return through a combination of current income and capital appreciation.
  • Contact the Fund at 1.833.845.7513 or visit the Funds website at http://thlcreditegif.com for additional information.

Canoe EIT Income Fund Announces November 2019 Distribution

Retrieved on: 
Friday, November 8, 2019
Economy, Finance, Money, Investment, Financial ratios, Funds, Return of capital, Financial markets, Rate of return, Net asset value, Hedge fund, Index fund

The Fund makes monthly distributions of an amount comprised in whole or in part of Return of Capital (ROC) of the net asset value per unit.

Key Points: 
  • The Fund makes monthly distributions of an amount comprised in whole or in part of Return of Capital (ROC) of the net asset value per unit.
  • A ROC reduces the amount of your original investment and may result in the return to you of the entire amount of your original investment.
  • ROC that is not reinvested will reduce the net asset value of the fund, which could reduce the funds ability to generate future income.
  • You should not draw any conclusions about the funds investment performance from the amount of this distribution.

Canoe EIT Income Fund Announces Quarterly Distribution on Preferred Units

Retrieved on: 
Friday, November 8, 2019
Economy, Finance, Money, Investment, Financial ratios, Funds, Return of capital, Financial markets, Rate of return, Net asset value, Hedge fund, Index fund

The Fund makes monthly distributions of an amount comprised in whole or in part of Return of Capital (ROC) of the net asset value per unit.

Key Points: 
  • The Fund makes monthly distributions of an amount comprised in whole or in part of Return of Capital (ROC) of the net asset value per unit.
  • A ROC reduces the amount of your original investment and may result in the return to you of the entire amount of your original investment.
  • ROC that is not reinvested will reduce the net asset value of the fund, which could reduce the funds ability to generate future income.
  • You should not draw any conclusions about the funds investment performance from the amount of this distribution.