Investment funds

MFS Releases Closed-End Fund Income Distribution Sources for Certain Funds

Monday, October 26, 2020 - 8:15pm

Investors should not draw any conclusions about the funds investment performance from the amount of the funds distributions or from the terms of the funds managed distribution plan.

Key Points: 
  • Investors should not draw any conclusions about the funds investment performance from the amount of the funds distributions or from the terms of the funds managed distribution plan.
  • 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.
  • A return of capital does not necessarily reflect a funds investment performance and should not be confused with yield or income.
  • Common shares of the Funds are only available for purchase/sale on the NYSE at the current market price (NYSE American for MFS California Municipal Fund).

Blue Ribbon Income Fund Announces Monthly Distributions

Friday, October 23, 2020 - 6:15pm

Since the Funds inception in September 1997, the Fund has paid cash distributions of $19.77 per unit.

Key Points: 
  • Since the Funds inception in September 1997, the Fund has paid cash distributions of $19.77 per unit.
  • Unitholders are reminded that the Fund offers a distribution reinvestment plan (DRIP) which provides unitholders with the ability to automatically reinvest distributions, commission free, and realize the benefits of compound growth.
  • There are ongoing fees and expenses associated with owning units of an investment fund.
  • An investment fund must prepare disclosure documents that contain key information about the fund.

Brompton Funds Declare Distributions

Friday, October 23, 2020 - 6:13pm

Unitholders are reminded that the ETFs offer distribution reinvestment plans (DRIP) which provide unitholders with the ability to automatically reinvest distributions, commission free, and realize the benefits of compound growth.

Key Points: 
  • Unitholders are reminded that the ETFs offer distribution reinvestment plans (DRIP) which provide unitholders with the ability to automatically reinvest distributions, commission free, and realize the benefits of compound growth.
  • Founded in 2000, Brompton is an experienced investment fund manager with income focused investment solutions including TSX traded closed-end funds and exchange-traded funds.
  • Exchange-traded funds are not guaranteed, their values change frequently and past performance may not be repeated.
  • These forward-looking statements are made as of the date hereof and we assume no obligation to update or revise them to reflect new events or circumstances.

Chelverton UK Dividend Trust plc: Net Asset Value(s)

Friday, October 23, 2020 - 12:02pm

Chelverton UK Dividend Trust plc: Net Asset Value(s)

Key Points: 

Chelverton UK Dividend Trust plc: Net Asset Value(s)
Dissemination of a Regulatory Announcement, transmitted by EQS Group.
The issuer is solely responsible for the content of this announcement.
The Net Asset Value (NAV) at 22/10/2020 was:
Number of shares in issue:

PFD, PFO, FFC, FLC and DFP Announce November Dividends

Thursday, October 22, 2020 - 9:12pm

As in prior years, each fund expects to announce December dividends during the second week of December.

Key Points: 
  • As in prior years, each fund expects to announce December dividends during the second week of December.
  • A distribution rate that is largely comprised of sources other than income may not be reflective of a funds performance.
  • FLC invests primarily in preferred and other income-producing securities with a primary investment objective of high current income and a secondary objective of capital appreciation.
  • DFP invests primarily in preferred and other income-producing securities with an investment objective of total return, with an emphasis on high current income.

Chelverton UK Dividend Trust plc: Net Asset Value(s)

Thursday, October 22, 2020 - 1:11pm

Chelverton UK Dividend Trust plc: Net Asset Value(s)

Key Points: 

Chelverton UK Dividend Trust plc: Net Asset Value(s)
Dissemination of a Regulatory Announcement, transmitted by EQS Group.
The issuer is solely responsible for the content of this announcement.
The Net Asset Value (NAV) at 21/10/2020 was:
Number of shares in issue:

Kieger Group Names Northern Trust as Full Service Provider for Luxembourg Funds

Thursday, October 22, 2020 - 8:00am

Northern Trust (Nasdaq: NTRS) has been selected by Switzerland-based asset manager Kieger AG and Kieger (Luxembourg) SA to provide fund administration, global custody, depositary and currency management services for their Luxembourg-domiciled funds.

Key Points: 
  • Northern Trust (Nasdaq: NTRS) has been selected by Switzerland-based asset manager Kieger AG and Kieger (Luxembourg) SA to provide fund administration, global custody, depositary and currency management services for their Luxembourg-domiciled funds.
  • Its Luxembourg funds are structured as Socit d'investissement Capital Variable (SICAV) and Fonds Commun de Placement (FCP) vehicles.
  • Northern Trust Corporation (Nasdaq: NTRS) is a leading provider of wealth management, asset servicing, asset management and banking to corporations, institutions, affluent families and individuals.
  • For more than 130 years, Northern Trust has earned distinction as an industry leader for exceptional service, financial expertise, integrity and innovation.

Chelverton UK Dividend Trust plc: Net Asset Value(s)

Wednesday, October 21, 2020 - 2:07pm

Chelverton UK Dividend Trust plc: Net Asset Value(s)

Key Points: 

Chelverton UK Dividend Trust plc: Net Asset Value(s)
Dissemination of a Regulatory Announcement, transmitted by EQS Group.
The issuer is solely responsible for the content of this announcement.
The Net Asset Value (NAV) at 20/10/2020 was:
Number of shares in issue:

Ned Davis Research Model & Signal Partnerships Surpass $1 Billion in Assets Under Advisement

Wednesday, October 21, 2020 - 1:02pm

VENICE, Fla., Oct. 21, 2020 /PRNewswire/ -- Ned Davis Research (NDR) today announced the success of NDR's Model & Signal Partnerships (NDR Investment Solutions) business surpassing the milestone of $1 billion in assets under advisement (AUA).

Key Points: 
  • VENICE, Fla., Oct. 21, 2020 /PRNewswire/ -- Ned Davis Research (NDR) today announced the success of NDR's Model & Signal Partnerships (NDR Investment Solutions) business surpassing the milestone of $1 billion in assets under advisement (AUA).
  • As of October 31st, 2020, NDR Model & Signal Partnerships AUA stood at more than $1.2 billion, as reported by NDR's partners.
  • NDRModel & Signal Partnershipsare currently offered as mutual funds, exchange-traded funds (ETFs), unit investment trusts (UITs), managed accounts, and direct signal model manager agreements.
  • "I am incredibly proud of the work Brian and his team have done with the NDRModel & Signal Partnerships business," said Bashar AL-Rehany, Executive Chairman, Ned Davis Research.

First Trust High Income Long/Short Fund Declares its Monthly Common Share Distribution of $0.11 Per Share for November

Tuesday, October 20, 2020 - 9:47pm

First Trust Advisors L.P. ("FTA") is a federally registered investment advisor and serves as the Fund's investment advisor.

Key Points: 
  • 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.
  • FTA is the supervisor of the First Trust unit investment trusts, while FTP is the sponsor.
  • FTP is also a distributor of mutual fund shares and exchange-traded fund creation units.