Institutional investors

Western Asset Middle Market Income Fund Inc. Announces Final Results of Tender Offer

Retrieved on: 
Tuesday, July 6, 2021
Banking, Professional services, Finance, Finance, Investment, Western Asset Management Company, Franklin Templeton Investments, Legg Mason, Institutional investors, Qualified Foreign Institutional Investor, Mutual funds in India

Western Asset Middle Market Income Fund Inc. (XWMFX) announced today the final results of its issuer tender offer for up to 2.5% of the outstanding common stock (Shares) or 4,424 Shares of the Fund at a price equal to the Funds net asset value per Share on the day on which the tender offer expired.

Key Points: 
  • Western Asset Middle Market Income Fund Inc. (XWMFX) announced today the final results of its issuer tender offer for up to 2.5% of the outstanding common stock (Shares) or 4,424 Shares of the Fund at a price equal to the Funds net asset value per Share on the day on which the tender offer expired.
  • Any questions about the tender offer can be directed to Georgeson LLC, the information agent for the tender offer, at (866) 431-2110.
  • Western Asset Middle Market Income Fund Inc. is a non-diversified closed-end management investment company.
  • Legg Mason Partners Fund Advisor, LLC, the Funds manager, is an indirect, wholly-owned subsidiary of Franklin Resources Inc. (Franklin Resources) and the Funds subadvisers, Western Asset Management Company, LLC, Western Asset Management Company Limited, Western Asset Management Company Ltd. and Western Asset Management Company Pte.

SHAREHOLDER ALERT BY FORMER LOUISIANA ATTORNEY GENERAL: KSF REMINDS ARRY, CCXI, PCT, WISH INVESTORS of Lead Plaintiff Deadline in Class Action Lawsuits

Retrieved on: 
Tuesday, July 6, 2021
Finance, Money, Institutional investors, Investment, Financial markets, Hedge fund, Short

If you wish to serve as a Lead Plaintiff in the class action, you must petition the Court on or before the Lead Plaintiff Motion deadline.

Key Points: 
  • If you wish to serve as a Lead Plaintiff in the class action, you must petition the Court on or before the Lead Plaintiff Motion deadline.
  • KSF, whose partners include former Louisiana Attorney General Charles C. Foti, Jr., is one of the nations premier boutique securities litigation law firms.
  • KSF serves a variety of clients including public institutional investors, hedge funds, money managers and retail investors in seeking to recover investment losses due to corporate fraud and malfeasance by publicly traded companies.
  • KSF has offices in New York, California and Louisiana.

SHAREHOLDER ALERT BY FORMER LOUISIANA ATTORNEY GENERAL: KSF REMINDS RKT, RLX, UI INVESTORS of Lead Plaintiff Deadline in Class Action Lawsuits

Retrieved on: 
Tuesday, July 6, 2021
Finance, Money, Institutional investors, Investment, Financial markets, Hedge fund, Short

If you wish to serve as a Lead Plaintiff in the class action, you must petition the Court on or before the Lead Plaintiff Motion deadline.

Key Points: 
  • If you wish to serve as a Lead Plaintiff in the class action, you must petition the Court on or before the Lead Plaintiff Motion deadline.
  • KSF, whose partners include former Louisiana Attorney General Charles C. Foti, Jr., is one of the nations premier boutique securities litigation law firms.
  • KSF serves a variety of clients including public institutional investors, hedge funds, money managers and retail investors in seeking to recover investment losses due to corporate fraud and malfeasance by publicly traded companies.
  • KSF has offices in New York, California and Louisiana.

Highland Global Allocation Fund Declares Monthly Distributions of $0.071 Per Share

Retrieved on: 
Thursday, July 1, 2021
Finance, Money, Investment, Highland Capital Management, Investment management, Highland Capital, Institutional investors, Investment funds, Alternative investment management companies, Fund of funds, Do-it-yourself investing

As portfolio and market conditions change, the ability of the Fund to continue to make distributions in accordance with the Level Distribution Policy may be affected.

Key Points: 
  • As portfolio and market conditions change, the ability of the Fund to continue to make distributions in accordance with the Level Distribution Policy may be affected.
  • The Highland Global Allocation Fund (HGLB) (NYSE:HGLB) is a closed-end fund managed by Highland Capital Management Fund Advisors, L.P. For more information visit www.highlandfunds.com/global-allocation-fund .
  • About Highland Capital Management Fund Advisors, L.P.
    Highland Capital Management Fund Advisors, L.P. is an SEC-registered investment adviser.
  • Investors should consider the investment objectives, risks, charges and expenses of the Highland Global Allocation Fund carefully before investing.

Highland Income Fund Announces the Regular Monthly Distribution

Retrieved on: 
Thursday, July 1, 2021
Finance, Investment, Money, Investment funds, Highland Capital Management, Highland Capital, Closed-end fund, Institutional investors, Alternative investment management companies, Lone Star Funds, Exchange-traded fund

DALLAS, July 01, 2021 (GLOBE NEWSWIRE) -- Highland Income Fund (NYSE: HFRO) (HFRO or the Fund) today announced its regular monthly distribution on its common stock of $0.0770 per share.

Key Points: 
  • DALLAS, July 01, 2021 (GLOBE NEWSWIRE) -- Highland Income Fund (NYSE: HFRO) (HFRO or the Fund) today announced its regular monthly distribution on its common stock of $0.0770 per share.
  • The Fund is a closed-end fund managed by Highland Capital Management Fund Advisors, L.P. (the Manager).
  • The Highland Income Fund (NYSE:HFRO) is a closed-end fund managed by Highland Capital Management Fund Advisors, L.P. For more information visit www.highlandfunds.com/income-fund/
    About Highland Capital Management Fund Advisors, L.P.
    Highland Capital Management Fund Advisors, L.P. is an SEC-registered investment adviser.
  • Investors should consider the investment objectives, risks, charges and expenses of the Highland Income Fund carefully before investing.

The New America High Income Fund, Inc. Declares Dividend

Retrieved on: 
Thursday, July 1, 2021
Finance, Investment, Money, T. Rowe Price, Institutional investors, Financial markets, Thomas Rowe Price Jr., Mutual fund

The New America High Income Fund, Inc. is a diversified, closed-end management investment company with a leveraged capital structure.

Key Points: 
  • The New America High Income Fund, Inc. is a diversified, closed-end management investment company with a leveraged capital structure.
  • The Funds investment adviser is T. Rowe Price Associates, Inc. (T. Rowe Price).
  • As of March 31, 2021, T. Rowe Price and its affiliates managed approximately $1.5 trillion of assets, including approximately $22 billion of high yield investments.
  • T. Rowe Price has provided investment advisory services to investment companies since 1937.

MFS Announces Closed-End Fund Distributions

Retrieved on: 
Thursday, July 1, 2021
Professional services, Finance, Finance, Money, Investment, Institutional investors, Mutual funds, Form, Financial market, Investment management, Investment funds

The Board of the fund may amend the terms of the plan or terminate the plan at any time without prior notice to the fund's shareholders.

Key Points: 
  • The Board of the fund may amend the terms of the plan or terminate the plan at any time without prior notice to the fund's shareholders.
  • The fund will send shareholders a Form 1099-DIV for the calendar year that will tell them how to report these distributions for federal income tax purposes.
  • In addition, in order to make the level of distributions called for under its plan, the fund may have to sell portfolio securities at a less than opportune time.
  • In 1924, MFS launched the first US open-end mutual fund, opening the door to the markets for millions of everyday investors.

Angel Oak Dynamic Financial Strategies Income Term Trust Declares July 2021 Distribution

Retrieved on: 
Thursday, July 1, 2021
Banking, Professional services, Finance, Finance, Investment funds, Investment, Exchange-traded funds, Institutional investors, State Street Global Advisors

Angel Oak Dynamic Financial Strategies Income Term Trust (the Fund), a closed-end fund traded on the New York Stock Exchange under the symbol DYFN, today declared a distribution of $0.1228 per share for the month of July 2021.

Key Points: 
  • Angel Oak Dynamic Financial Strategies Income Term Trust (the Fund), a closed-end fund traded on the New York Stock Exchange under the symbol DYFN, today declared a distribution of $0.1228 per share for the month of July 2021.
  • The record date for the distribution is July 16, 2021, and the payable date is July 30, 2021.
  • The Fund seeks to pay a distribution at a rate that reflects net investment income actually earned.
  • 2021 Angel Oak Capital Advisors, which is the investment adviser to the Angel Oak Dynamic Financial Strategies Income Term Trust.

Angel Oak Financial Strategies Income Term Trust Declares July 2021 Distribution

Retrieved on: 
Thursday, July 1, 2021
Banking, Professional services, Finance, Finance, Investment funds, Investment, Exchange-traded funds, Institutional investors, State Street Global Advisors

Angel Oak Financial Strategies Income Term Trust (the Fund), a closed-end fund traded on the New York Stock Exchange under the symbol FINS, today declared a distribution of $0.1085 per share for the month of July 2021.

Key Points: 
  • Angel Oak Financial Strategies Income Term Trust (the Fund), a closed-end fund traded on the New York Stock Exchange under the symbol FINS, today declared a distribution of $0.1085 per share for the month of July 2021.
  • The record date for the distribution is July 16, 2021, and the payable date is July 30, 2021.
  • The Fund seeks to pay a distribution at a rate that reflects net investment income actually earned.
  • 2021 Angel Oak Capital Advisors, which is the investment adviser to the Angel Oak Financial Strategies Income Term Trust.

Angel Oak Capital Advisors’ Flagship Multi-Strategy Income Fund Celebrates 10-Year Anniversary

Retrieved on: 
Tuesday, July 6, 2021
Finance, Banking, Other Construction & Property, Professional services, Construction & Property, Finance, Expense, Financial ratios, Mutual funds, Money, Institutional investors, Expense ratio, Investment, Prospectus, Mutual fund fees and expenses, Finance, Banking, Other Construction & Property, Professional services, Construction & Property, Finance, Expense, Financial ratios, Mutual funds, Money, Institutional investors, Expense ratio, Investment, Prospectus, Mutual fund fees and expenses

The net expense ratios are reported as of the 1/31/21 Annual Report and are referenced in the 5/31/21 prospectus.

Key Points: 
  • The net expense ratios are reported as of the 1/31/21 Annual Report and are referenced in the 5/31/21 prospectus.
  • Investors should carefully consider the investment objectives, risks, charges and expenses of the Angel Oak Mutual Funds.
  • Changes in interest rates generally will cause the value of fixed-income instruments held by the Fund to vary inversely to such changes.
  • For more information on these risks and other risks of the Fund, please see the Prospectus.