Funds

Ballast Asset Management Poised For Growth With Key Marketing Hire

Retrieved on: 
Thursday, November 7, 2019
Economy, Finance, Money, Funds, Investors

DALLAS, Nov. 7, 2019 /PRNewswire/ --Ballast Asset Management ("Ballast"), a fundamental long-only equity manager, today announced Joyce Schaer has joined the firm as Principal and Head of Marketing and Investor Relations for Ballast's SMidcap Equity Strategy.

Key Points: 
  • DALLAS, Nov. 7, 2019 /PRNewswire/ --Ballast Asset Management ("Ballast"), a fundamental long-only equity manager, today announced Joyce Schaer has joined the firm as Principal and Head of Marketing and Investor Relations for Ballast's SMidcap Equity Strategy.
  • Schaer and Ragen Stienke, Ballast's Founder and Portfolio Manager, share a successful history working together at Westwood Holdings Group.
  • Schaer joins Ballast after serving as Chief Marketing Officer at Oakview Capital Management for the past five years.
  • Ballast Asset Management pursues a value-oriented, long-only strategy focusing on investments in small and mid-cap equities.

CrowdStreet Completes Series C Through Its Individual Investor and Developer Community

Retrieved on: 
Wednesday, November 6, 2019
Economy, Finance, Money, Funds, Investors, Crowdfunding, Private equity, Entrepreneurship

"For years we have had investors requesting to invest in CrowdStreet as a company, not just in the deals on our Marketplace.

Key Points: 
  • "For years we have had investors requesting to invest in CrowdStreet as a company, not just in the deals on our Marketplace.
  • The Series C offering was open to a group of individual investors and strategic partners of the Portland-based tech provider.
  • The Series C round brings CrowdStreet to $25 million raised since its inception in 2013.
  • CrowdStreet is helping to create a community where individual accredited investors and CRE firms can work together to build wealth through commercial real estate.

Asako Kasahara Joins Kasimayari Group Infrastructure Debt Investment Tool (IDIT)

Retrieved on: 
Wednesday, November 6, 2019
Economy, Finance, Money, Debt, Investment, Funds, Investment fund, Leverage, Infrastructure debt

TOKYO, Nov. 6, 2019 /PRNewswire/ --Kasimayari Group, a specialist Asian markets and emerging markets investment managerbased in Tokyo, with a considerable amount of funds invested in pooled funds, segregated accounts and structured products, today announced it has appointed Asako Kasahara as Managing Director Investment Team Leader and Head of Infrastructure Debt Investment Tool (IDIT).

Key Points: 
  • TOKYO, Nov. 6, 2019 /PRNewswire/ --Kasimayari Group, a specialist Asian markets and emerging markets investment managerbased in Tokyo, with a considerable amount of funds invested in pooled funds, segregated accounts and structured products, today announced it has appointed Asako Kasahara as Managing Director Investment Team Leader and Head of Infrastructure Debt Investment Tool (IDIT).
  • Asako joins Kasimayari Group from a top investment bank, where she was a Director for eight years in the project finance lending team, working on high profile assets.
  • Kasimayari Group established the Infrastructure Debt Investment Tool platform to leverage the infrastructure expertise within Kasimayari Group into an investor-aligned global infrastructure debt investment management business.
  • Kasimayari Group and its affiliates comprise one of Asia's leading emerging markets investment managers.

BlackRock TCP Capital Corp. Announces Third Quarter 2019 Financial Results Including Net Investment Income Of $0.43 Per Share; 30 Consecutive Quarters Of Dividend Coverage

Retrieved on: 
Wednesday, November 6, 2019
Investment, Funds, Net asset value

Net investment income for the quarter ended September 30, 2019 was $25.3 million, or $0.43 per share on a diluted basis, exceeding the dividend of $0.36 per share.

Key Points: 
  • Net investment income for the quarter ended September 30, 2019 was $25.3 million, or $0.43 per share on a diluted basis, exceeding the dividend of $0.36 per share.
  • Net increase in net assets resulting from operations for the quarter ended September 30, 2019 was $18.4 million, or $0.31 per share.
  • Net asset value per share at September 30, 2019 was $13.59 compared to $13.64 at June 30, 2019.
  • Total acquisitions during the quarter ended September 30, 2019 were $176.0 million and total dispositions were $180.6 million.

Delaware Investments® Dividend and Income Fund, Inc. Announces Distributions

Retrieved on: 
Tuesday, November 5, 2019
Professional services, Finance, Economy, Finance, Money, Funds, Financial ratios, Investment, Dividend, Shareholders, Income fund, Form, Rate of return, Stock fund

Today, Delaware Investments Dividend and Income Fund, Inc. (the Fund), a New York Stock Exchange-listed closed-end fund trading under the symbol DDF, declares a monthly distribution of $0.090 per share.

Key Points: 
  • Today, Delaware Investments Dividend and Income Fund, Inc. (the Fund), a New York Stock Exchange-listed closed-end fund trading under the symbol DDF, declares a monthly distribution of $0.090 per share.
  • The primary investment objective is to seek high current income; capital appreciation is a secondary objective.
  • A return of capital distribution does not necessarily reflect the Funds investment performance and should not be confused with yield or income.
  • The Fund will send you a Form 1099-DIV for the calendar year that will tell you how to report these distributions for federal income tax purposes.

Delaware Enhanced Global Dividend and Income Fund Announces Distributions

Retrieved on: 
Tuesday, November 5, 2019
Professional services, Finance, Finance, Economy, Money, Funds, Dividend, Shareholders, Investment, Equity securities, Financial markets, Income fund, Rate of return, Share

Today, Delaware Enhanced Global Dividend and Income Fund (the Fund), a New York Stock Exchangelisted closed-end fund trading under the symbol DEX, declares a monthly distribution of $0.091 per share.

Key Points: 
  • Today, Delaware Enhanced Global Dividend and Income Fund (the Fund), a New York Stock Exchangelisted closed-end fund trading under the symbol DEX, declares a monthly distribution of $0.091 per share.
  • The Fund also uses enhanced income strategies by engaging in dividend capture trading; option overwriting; and realization of gains on the sale of securities, dividend growth, and currency forwards.
  • In addition, the Fund utilizes leveraging techniques in an attempt to obtain higher return for the Fund.
  • The Fund will send you a Form 1099-DIV for the calendar year that will tell you how to report these distributions for federal income tax purposes.

Amundi Pioneer Declares Monthly Distributions for Pioneer Closed-End Funds

Retrieved on: 
Tuesday, November 5, 2019
Banking, Professional services, Finance, Finance, Money, Economy, Amundi, CAC Mid 60, Investment, Funds, Institutional investors

Investors should not necessarily draw any conclusions about the fund's investment performance from the amount of this distribution or from the terms of the fund's level distribution policy.

Key Points: 
  • Investors should not necessarily draw any conclusions about the fund's investment performance from the amount of this distribution or from the terms of the fund's level distribution policy.
  • The funds maturing and callable securities were generally replaced with new securities with lower yields, reducing the funds income.
  • Shareholders should not draw any conclusions about a funds investment performance based on a funds current distributions.
  • Amundi Pioneer is the U.S. business of Amundi, Europes largest asset manager by assets under management and ranked among the ten largest globally[1].

Hartford Funds Broadens Fixed Income Suite with the Hartford Schroders Opportunistic Income Fund

Retrieved on: 
Tuesday, November 5, 2019
Professional services, Finance, Finance, Funds, Schroders, Income fund, Fixed income, Financial services, Investment

Hartford Funds today announced that it has launched its first closed-end interval fund, Hartford Schroders Opportunistic Income Fund, which expands the opportunity set for investments within Hartford Funds fixed income product suite to include the broad range of securitized investments (including less liquid instruments).

Key Points: 
  • Hartford Funds today announced that it has launched its first closed-end interval fund, Hartford Schroders Opportunistic Income Fund, which expands the opportunity set for investments within Hartford Funds fixed income product suite to include the broad range of securitized investments (including less liquid instruments).
  • The Fund, along with the recently launched Hartford Schroders Securitized Income Fund (March 2019) , adds to Hartford Funds lineup of fixed income funds that invest across the yield curve in varying regions, sectors, and asset classes.
  • The Hartford Schroders Opportunistic Income Fund is a specialized strategy that is designed to generate compelling income and fill a core portfolio need, said Vernon Meyer, Chief Investment Officer of Hartford Funds.
  • The Hartford Schroders Opportunistic Income Fund allows us to leverage the closed-end interval fund structure and give investors access to the full capabilities of the Schroders securitized platform.

Mario Gabelli Chief Investment Officer - Value, Howard Ward Chief Investment Officer – Growth, and Christopher Marangi Co - Chief Investment Officer - Value to Speak At IMPACT® 2019 Conference

Retrieved on: 
Tuesday, November 5, 2019
Banking, Professional services, Finance, Finance, Money, Economy, Investment funds, Closed-end fund, Mario Gabelli, Open-end fund, GAMCO Investors, Investment, Funds

Mr. Ward will be joined by Chairman, Chief Executive Officer and Chief Investment Officer of Value, Mario J. Gabelli, CFA, and Christopher J. Marangi, the Co-Chief Investment Officer of Value who has portfolio manager responsibilities for four open-end funds, The Gabelli Asset Fund, The Gabelli Value 25 Fund, The Gabelli ESG Fund, and The Gabelli Media Mogul Fund as well as four closed-end funds.

Key Points: 
  • Mr. Ward will be joined by Chairman, Chief Executive Officer and Chief Investment Officer of Value, Mario J. Gabelli, CFA, and Christopher J. Marangi, the Co-Chief Investment Officer of Value who has portfolio manager responsibilities for four open-end funds, The Gabelli Asset Fund, The Gabelli Value 25 Fund, The Gabelli ESG Fund, and The Gabelli Media Mogul Fund as well as four closed-end funds.
  • The conference runs from November 4 to November 7at the San Diego Convention Center.
  • Investors should carefully consider the investment objectives, risks, charges and expenses of each Fund before investing.
  • Each Funds prospectus contains information about these and other matters and should be read carefully before investing.

Innovative Insect Repellent Company Qualifies for Connecticut Innovations Angel Investor Tax Credit Program

Retrieved on: 
Monday, November 4, 2019
Economy, Money, Finance, Funds, Investors, Tax credit

Norwalk, CT, Nov. 04, 2019 (GLOBE NEWSWIRE) -- Ranger Ready Repellents and its parent company, the PiC20 Group, LLC, has qualified for Connecticut Innovations (CI) Angel Investor Tax Credit program.

Key Points: 
  • Norwalk, CT, Nov. 04, 2019 (GLOBE NEWSWIRE) -- Ranger Ready Repellents and its parent company, the PiC20 Group, LLC, has qualified for Connecticut Innovations (CI) Angel Investor Tax Credit program.
  • The Angel Investor Tax Credit allows accredited investors who invest at least $25,000 in a qualified company to earn a Connecticut state income tax credit equaling 25 percent of their investment in the company.
  • Programs like the Angel Investor Tax Credit are a win-win for investors who want to support innovation in Connecticut, said Chris L. Fuentes, founder and CEO of Ranger Ready Repellents, and a longtime Connecticut resident.
  • The Connecticut Angel Investor Tax Credit program has helped to build the investor base and allows companies, like Ranger Ready Repellents, to secure the capital it needs to grow and scale in the state, said Stepheni Harpin, investment analyst at Connecticut Innovation s and program administrator for the Connecticut Angel Investor Tax Credit Program.