Mutual fund

Four Virtus Funds Awarded 2020 Lipper Awards

Retrieved on: 
Friday, March 6, 2020
Thomson Reuters, Finance, Lipper, Institutional investors, Money, Virtus Investment Partners, Economy, Mutual fund

HARTFORD, Conn., March 6, 2020 /PRNewswire/ -- Virtus Investment Partners (NASDAQ: VRTS), which operates a multi-boutique asset management business, announced that four of its mutual funds have been honored with Refinitiv Lipper Fund Awards 2020 U.S. for demonstrating consistent, strong risk-adjusted returns relative to their peers.

Key Points: 
  • HARTFORD, Conn., March 6, 2020 /PRNewswire/ -- Virtus Investment Partners (NASDAQ: VRTS), which operates a multi-boutique asset management business, announced that four of its mutual funds have been honored with Refinitiv Lipper Fund Awards 2020 U.S. for demonstrating consistent, strong risk-adjusted returns relative to their peers.
  • The Refinitiv Lipper Fund Awards , granted annually, highlight funds and fund companies that have excelled in delivering consistently strong risk-adjusted performance relative to their peers.
  • The Refinitiv Lipper Fund Awards are based on the Lipper Leader for Consistent Return rating, which is a risk-adjusted performance measure calculated over 36, 60 and 120 months.
  • Virtus Mutual Funds are distributed by VP Distributors, LLC, member FINRA and subsidiary of Virtus Investment Partners, Inc.
    Fund Eligibility:Twenty-nine Global Real Estate Funds were eligible for the 10-year period; 10 International Real Estate Funds were eligible for the 3-year period; 96 Mid-Cap Growth Funds were eligible for the 5-year period; and 27 Short Municipal Debt Funds were eligible for the 10-year period.

Schwab Fundamental Index* Mutual Fund Receives Best-In-Class Refinitiv Lipper Fund Award for Second Consecutive Year

Retrieved on: 
Friday, March 6, 2020
Professional services, Finance, Finance, Money, Thomson Reuters, Investment, Lipper, Exchange-traded funds, Index fund, Mutual fund, Charles Schwab Corporation, Refinitiv Lipper Fund Awards, Refinitiv, Charles Schwab Investment Management, Inc., Charles Schwab

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.

Key Points: 
  • 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.
  • This is the second year in a row that the fund has won a Refinitiv Lipper Award in this category.
  • CSIM was the first asset manager to launch a Fundamental Index mutual fund in early 2007, and it currently offers six Fundamental Index mutual funds and six Fundamental Index ETFs.
  • The fund with the highest Lipper Leader for Consistent Return (Effective Return) value in each eligible classification wins the Refinitiv Lipper Fund Award.

Fidelity® Mutual Funds Win 26 Refinitiv Lipper Fund Awards

Retrieved on: 
Friday, March 6, 2020
Banking, Professional services, Finance, Finance, Thomson Reuters, Lipper, Money, Investment, Institutional investors, Mutual fund, Fidelity Investments, Investment management

Fidelity Investments , one of the industrys largest and most diversified financial services firms with more than $8.4 trillion in client assets, today announced that 16 actively-managed Fidelity mutual funds won a total of 26 Refinitiv Lipper Fund Awards.

Key Points: 
  • Fidelity Investments , one of the industrys largest and most diversified financial services firms with more than $8.4 trillion in client assets, today announced that 16 actively-managed Fidelity mutual funds won a total of 26 Refinitiv Lipper Fund Awards.
  • The 16 Fidelity mutual funds recognized by Refinitiv Lipper range across a variety of asset classes and styles from equities, fixed income and asset allocation to international, high income and sector funds.
  • The Refinitiv Lipper Fund Awards, granted annually, highlight funds and fund companies that have excelled in delivering consistently strong risk-adjusted performance relative to their peers.
  • The fund with the highest Lipper Leader for Consistent Return (Effective Return) value in each eligible classification wins the Refinitiv Lipper Fund Award.

Announcing VanEck Vectors ETFs’ February 2020 Distributions

Retrieved on: 
Friday, February 28, 2020
Banking, Professional services, Finance, Exchange-traded funds, Finance, VanEck, Investment, Money, Mutual fund

Shareholders or potential shareholders of VanEck Vectors ETFs should obtain their own independent tax advice based on their particular circumstances.

Key Points: 
  • Shareholders or potential shareholders of VanEck Vectors ETFs should obtain their own independent tax advice based on their particular circumstances.
  • If you have any questions concerning this information or VanEck Vectors ETFs in general, please call 800.826.2333 between 9:00 a.m. and 5:30 p.m., Monday through Friday.
  • As of January 31, 2020, VanEck managed approximately $55.3 billion in assets, including mutual funds, ETFs, and institutional accounts.
  • To receive a distribution, you must have been a registered shareholder of the relevant VanEck Vectors ETFs on the record date.

Termination of Guardian Balanced Income Fund

Retrieved on: 
Thursday, February 27, 2020
Finance, Institutional investors, Economy, Money, Mutual fund, Financial markets, Investment funds

TORONTO, Feb. 27, 2020 (GLOBE NEWSWIRE) -- Guardian Capital LP has announced that, effective on or about April 28, 2020, it will be terminating Guardian Balanced Income Fund.

Key Points: 
  • TORONTO, Feb. 27, 2020 (GLOBE NEWSWIRE) -- Guardian Capital LP has announced that, effective on or about April 28, 2020, it will be terminating Guardian Balanced Income Fund.
  • However, the fund may make distributions of income or capital gains to unitholders prior to its termination.
  • Guardian Capital LP is the manager and a portfolio manager of the Guardian Capital Funds.
  • In addition to the Guardian Capital Funds, Guardian Capital LP manages portfolios for defined benefit and defined contribution pension plans, insurance companies, foundations, endowments and third-party mutual funds.

Stansberry Research Announces the SEC Injunction Against the Company Has Been Vacated

Retrieved on: 
Monday, February 24, 2020
Economy, Finance, Money, Institutional investors, Stansberry Research, Hedge fund, Securities research, Investment banking, Mutual fund, Financial adviser, Porter Stansberry

The Court lifted the injunction after Stansberry Research filed a motion to vacate on February 5, 2020 a filing that was not opposed by the SEC.

Key Points: 
  • The Court lifted the injunction after Stansberry Research filed a motion to vacate on February 5, 2020 a filing that was not opposed by the SEC.
  • In addition, over 17 years had passed since the conduct at issue occurred and Stansberry Research has since developed a rigorous, multi-tiered review of its investment research and marketing content.
  • Stansberry Research is a leading independent, subscription-based publisher of financial and investment research that serves individual customers, registered investment advisors, hedge funds, mutual funds and investment banks.
  • For over twenty years, Stansberry Research has served millions of customers, providing in-depth and impartial research concerning stocks, bonds, currencies, real estate and commodities.

Corrected Monthly Distribution Amount for MFS Investment Grade Municipal Trust

Retrieved on: 
Friday, February 21, 2020
Banking, Professional services, Finance, Economy, Finance, Money, Investment, Computershare, Institutional Investor, Mutual fund, Investment management

If shares are registered with the funds transfer agent, Computershare, the transfer agent may be contacted directly at 800-637-2304, or www.computershare.com .

Key Points: 
  • If shares are registered with the funds transfer agent, Computershare, the transfer agent may be contacted directly at 800-637-2304, or www.computershare.com .
  • In 1924, MFS launched the first US open-end mutual fund, opening the door to the markets for millions of everyday investors.
  • Today, as a full-service global investment manager serving financial advisors, intermediaries and institutional clients, MFS still serves a single purpose: to create long-term value for clients by allocating capital responsibly.
  • As of January 31, 2020, MFS manages US$528.4 billion in assets on behalf of individual and institutional investors worldwide.

First Trust Energy Infrastructure Fund Declares its Monthly Common Share Distribution of $0.11 Per Share for March

Retrieved on: 
Thursday, February 20, 2020
Professional services, Finance, Economy, Finance, Money, Financial markets, Investment, Mathematical finance, Rate of return, Mutual fund, Exchange-traded fund

First Trust Energy Infrastructure Fund (the "Fund") (NYSE: FIF) has declared the Funds regularly scheduled monthly common share distribution in the amount of $0.11 per share payable on March 16, 2020, to shareholders of record as of March 3, 2020.

Key Points: 
  • First Trust Energy Infrastructure Fund (the "Fund") (NYSE: FIF) has declared the Funds regularly scheduled monthly common share distribution in the amount of $0.11 per share payable on March 16, 2020, to shareholders of record as of March 3, 2020.
  • Under the Plan, the Fund intends to continue to pay its recurring monthly distribution in the amount of $0.11 per share that reflects the distributable cash flow of the Fund.
  • The distribution may consist of net investment income earned by the Fund, net short-term and long-term capital gains and/or tax-deferred return of capital.
  • The Fund seeks to achieve its investment objectives by investing primarily in securities of companies engaged in the energy infrastructure sector.

First Trust Advisors L.P. Announces Distributions for Exchange-Traded Funds

Retrieved on: 
Thursday, February 20, 2020
Professional services, Finance, Finance, Investment funds, Money, Economy, Exchange-traded fund, Mutual fund, Investment trust, Closed-end fund, Unit investment trust, Net asset value

FTA has collective assets under management or supervision of approximately $146 billion as of January 31, 2020 through unit investment trusts, exchange-traded funds, closed-end funds, mutual funds and separate managed accounts.

Key Points: 
  • FTA has collective assets under management or supervision of approximately $146 billion as of January 31, 2020 through unit investment trusts, exchange-traded funds, closed-end funds, mutual funds and separate managed accounts.
  • Principal Risk Factors: A Fund's shares will change in value, and you could lose money by investing in a Fund.
  • However, unlike mutual funds, shares may only be redeemed directly from the Fund by authorized participants, in very large creation/redemption units.
  • In addition, a Fund's investment performance and risks may be related to the investment and performance of the underlying funds.

First Trust/Aberdeen Global Opportunity Income Fund Declares its Monthly Common Share Distribution of $0.08 Per Share for March

Retrieved on: 
Thursday, February 20, 2020
Professional services, Finance, Finance, Economy, Money, Financial markets, Institutional investors, Brokerage firms, Registered Investment Adviser, Exchange-traded fund, Financial adviser, Mutual fund, Broker-dealer, Securities market participants

The Fund is a diversified, closed-end management investment company that seeks to provide a high level of current income.

Key Points: 
  • The Fund is a diversified, closed-end management investment company that seeks to provide a high level of current income.
  • First Trust Advisors L.P. ("FTA") is a federally registered investment advisor and serves as the Fund's investment advisor.
  • FTA and its affiliate First Trust Portfolios L.P. ("FTP"), a FINRA registered broker-dealer, are privately-held companies that provide a variety of investment services.
  • FTP is also a distributor of mutual fund shares and exchange-traded fund creation units.