Exchange-traded funds

Guggenheim Investments Announces August 2021 Closed-End Fund Distributions

Retrieved on: 
Monday, August 2, 2021
Finance, Exchange-traded funds, Investment, Guggenheim Partners, Guggenheim family, Limited liability company, Institutional investors, Guggenheim Baseball Management

Distributions may be paid from sources of income other than ordinary income, such as short-term capital gains, long-term capital gains or return of capital.

Key Points: 
  • Distributions may be paid from sources of income other than ordinary income, such as short-term capital gains, long-term capital gains or return of capital.
  • Guggenheim Investments is the global asset management and investment advisory division of Guggenheim Partners, LLC (Guggenheim), with over $255 billion* in assets under management across fixed income, equity, and alternative strategies.
  • Guggenheim Investments includes Guggenheim Funds Investment Advisors, LLC (GFIA), Guggenheim Partners Investment Management (GPIM), and Guggenheim Funds Distributors, LLC (GFD).
  • Guggenheim Investments represents the following affiliated investment management businesses of Guggenheim Partners, LLC: Guggenheim Partners Investment Management, LLC, Security Investors, LLC, Guggenheim Funds Distributors, LLC, Guggenheim Funds Investment Advisors, LLC, Guggenheim Corporate Funding, LLC, Guggenheim Partners Europe Limited, Guggenheim Partners Fund Management (Europe) Limited, Guggenheim Partners Japan Limited, GS GAMMA Advisors, LLC, and Guggenheim Partners India Management.

Innovator ETFs Announces New Upside Caps for August Series of S&P 500 Buffer ETFs

Retrieved on: 
Monday, August 2, 2021
Exchange-traded funds

The August series of Innovator S&P 500 Buffer ETFs ( BAUG ; PAUG ; UAUG ) reset annually and can be held indefinitely.

Key Points: 
  • The August series of Innovator S&P 500 Buffer ETFs ( BAUG ; PAUG ; UAUG ) reset annually and can be held indefinitely.
  • Innovators Equity Buffer ETFs have traditionally used index-based options while the Defined Outcome Bond ETFs and Stacker ETFs have been constructed using fund-based options.
  • This change is intended to streamline market making and increase the operational efficiencies of the tax-efficient Buffer ETFs and will not materially impact shareholders.
  • Innovators category-creating Defined Outcome ETF familyincludes Buffer ETFs, Stacker ETFs and Floor ETFs.

Angel Oak Financial Strategies Income Term Trust Declares August 2021 Distribution

Retrieved on: 
Monday, August 2, 2021
Banking, Professional services, Finance, Finance, Investment, Investment funds, 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 August 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 August 2021.
  • The record date for the distribution is August 17, 2021, and the payable date is August 31, 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 Dynamic Financial Strategies Income Term Trust Declares August 2021 Distribution

Retrieved on: 
Monday, August 2, 2021
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 August 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 August 2021.
  • The record date for the distribution is August 17, 2021, and the payable date is August 31, 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.

KraneShares Partners with Nikko to Launch Active Asia Pacific High Yield Bond ETF (Ticker: KHYB)

Retrieved on: 
Monday, August 2, 2021
Finance, Money, Exchange-traded funds, Financial services, Bond, High-yield debt, SPDR

"KraneShares is proud to partner with Nikko and leverage their fixed income expertise to bring the Asia high yield bond market to investors through our NYSE-listed KraneShares Asia Pacific High Yield Bond ETF (Ticker: KHYB)ETF."

Key Points: 
  • "KraneShares is proud to partner with Nikko and leverage their fixed income expertise to bring the Asia high yield bond market to investors through our NYSE-listed KraneShares Asia Pacific High Yield Bond ETF (Ticker: KHYB)ETF."
  • The launch was achieved through converting and renaming the existing KraneShares CCBS China Corporate High Yield Bond USD Index ETF (Ticker: KCCB).
  • Effective August 2, 2021, the Fund will be the actively managed KraneShares Asia Pacific high Yield Bond ETF.
  • Asia high yield bond market represented by the Bloomberg Barclays Asia USD High Yield Diversified Credit Index.

Purpose Investments to Launch World’s First Pure Play Enterprise Software ETF to List on London Stock Exchange in Partnership with HANetf

Retrieved on: 
Thursday, July 29, 2021
Solactive, Undertakings for Collective Investment in Transferable Securities Directive, Exchange-traded funds

TORONTO, July 29, 2021 (GLOBE NEWSWIRE) -- Purpose Investments Inc. (Purpose) is happy to announce that tomorrow it will launch the Purpose Enterprise Software ESG-S UCITS ETF (the Fund), the worlds first pure play enterprise software ETF to list on the London Stock Exchange.

Key Points: 
  • TORONTO, July 29, 2021 (GLOBE NEWSWIRE) -- Purpose Investments Inc. (Purpose) is happy to announce that tomorrow it will launch the Purpose Enterprise Software ESG-S UCITS ETF (the Fund), the worlds first pure play enterprise software ETF to list on the London Stock Exchange.
  • The Fund, which will trade under the ticker SOFT, is being made available through Purposes partnership with HANetf, an independent European ETF specialist.
  • SOFT will track the Solactive Purpose Enterprise Software ESG Screened Index NTR (SOFTWARN).
  • Software enables this, which is why we are particularly excited about SOFTs SaaS focus, said Nicholas Mersch, portfolio manager at Purpose Investments.

AdvisorShares Announces Julio Lugo Has Joined Firm as Head of Fund Operations

Retrieved on: 
Friday, July 30, 2021
Finance, Financial markets, Exchange-traded funds, Money, AdvisorShares, American depositary receipt, Depositary receipt, Special-purpose acquisition company

BETHESDA, Md., July 30, 2021 /PRNewswire/ -- AdvisorShares, a leading sponsor of actively managed exchange-traded funds (ETFs), today announced that Julio Lugo has joined the firm as head of fund operations and member of the senior leadership team.

Key Points: 
  • BETHESDA, Md., July 30, 2021 /PRNewswire/ -- AdvisorShares, a leading sponsor of actively managed exchange-traded funds (ETFs), today announced that Julio Lugo has joined the firm as head of fund operations and member of the senior leadership team.
  • Lugo, who has more than 25 years of financial services experience, will lead the company's fund operations which includes product management, trading, fund services, legal, compliance and oversight.
  • He assumes this role as managing director Dan Ahrens focuses more exclusively on chief investment officer and portfolio manager responsibilities.
  • Lugo joins AdvisorShares from ETP Consulting LLP, where he worked with American depositary receipt (ADR) and ETF issuers and assisting private companies & investors with special purpose acquisition companies (SPACs).

Vanguard Announces Plans to Launch Two New Active Bond Funds

Retrieved on: 
Thursday, July 29, 2021
Finance, Money, Investment, Investment funds, Exchange-traded funds, The Vanguard Group, Bond fund, Vanguard, Bond, Investment management, Mutual funds, Passive management

VALLEY FORGE, Pa., July 29, 2021 /PRNewswire/ -- Vanguard today filed initial registration statements with the U.S. Securities and Exchange Commission to introduce two new active fixed income funds: Vanguard Core-Plus Bond Fund and Vanguard Multi-Sector Income Bond Fund. The funds are designed to meet the needs of clients seeking actively managed "core" and "satellite" bond portfolios and will augment the lineup of higher-alpha, diversified fixed income strategies managed by Vanguard Fixed Income Group.

Key Points: 
  • VALLEY FORGE, Pa., July 29, 2021 /PRNewswire/ --Vanguard today filed initial registration statements with the U.S. Securities and Exchange Commission to introduce two new active fixed income funds: Vanguard Core-Plus Bond Fund and Vanguard Multi-Sector Income Bond Fund.
  • The firm has placed a particular focus on investing in its active bond portfolio management capabilities and product offer, including Vanguard Global Credit Fund, Vanguard Emerging Markets Bond Fund, and Vanguard Core Bond Fund.
  • As a result, Vanguard's track record as a bond manager remains unparalleled76% of Vanguard fixed income funds and 96% of Vanguard active fixed income funds outperformed their peer group averages over the five years ending June 30, 20212.
  • 2 For the five-year period ending June 30, 2021, 83 of 109 bond funds and 49 out of 51 active bond funds outperformed their peer group averages.

Roundhill Investments Announces Collegiate Athlete Brand Ambassadors

Retrieved on: 
Thursday, July 29, 2021
Exchange-traded funds

NEW YORK, July 29, 2021 /PRNewswire/ --Roundhill Investments, a registered investment advisor and ETF sponsor focused on developing innovative financial products, today announced a brand ambassador program with collegiate athletes for MVP - The Pro Sports ETF .

Key Points: 
  • NEW YORK, July 29, 2021 /PRNewswire/ --Roundhill Investments, a registered investment advisor and ETF sponsor focused on developing innovative financial products, today announced a brand ambassador program with collegiate athletes for MVP - The Pro Sports ETF .
  • Roundhill's MVP ETF brand ambassadors include:
    Frank Gore Jr, running back at Southern Miss University.
  • "Roundhill is excited to have the opportunity to support collegiate athletes in light of the milestone name, image, and likeness ruling.
  • We believe NIL will revolutionize the business of sports and collegiate athletics," commented Matias Dorta of Roundhill Investments.

Direxion Launches New Daily 2X Leveraged ETF

Retrieved on: 
Thursday, July 29, 2021
Exchange-traded funds, Direxion, Finance, Inverse exchange-traded fund

Like all leveraged ETFs, this Direxion product is intended only for investors with an in-depth understanding of the risks associated with seeking leveraged investment results, and who plan to actively monitor and manage their positions.

Key Points: 
  • Like all leveraged ETFs, this Direxion product is intended only for investors with an in-depth understanding of the risks associated with seeking leveraged investment results, and who plan to actively monitor and manage their positions.
  • Direxion equips investors who are driven by conviction with ETF solutions built for purpose and fine-tuned for precision.
  • For more information on all Direxion Shares daily leveraged ETFs, go to direxion.com, or call us at 866.301.9214.
  • Due to the daily nature of the leveraged and inverse investment strategies employed, there is no guarantee of long-term inverse returns.