Investment funds

AlphaCentric Launches AlphaCentric Strategic Income Fund

Retrieved on: 
Monday, July 19, 2021
Banking, Professional services, Finance, Finance, Money, Investment, Investment funds, Income fund, Private equity, Equity securities, Institutional investors, Corporate finance, Hedge fund

AlphaCentric Funds has announced the launch of its newest fund, the AlphaCentric Strategic Income Fund.

Key Points: 
  • AlphaCentric Funds has announced the launch of its newest fund, the AlphaCentric Strategic Income Fund.
  • The AlphaCentric Strategic Income Fund's objective is total return through current income and capital appreciation.
  • AlphaCentric believes the Fund's ability to use a combination of structured credit and equity analysis creates a competitive edge.
  • The AlphaCentric Strategic Income Fund, which is sub-advised by Goshen Rock Capital, LLC, trades under the tickers SIIIX, SIIAX and SIICX.

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

Retrieved on: 
Monday, July 19, 2021
Investment management, Finance, Money, Net asset value, Dividend, Investment funds, Investment

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 16/07/2021 was:
Number of shares in issue:

Certain Virtus AllianzGI Closed-End Funds Announce Future Change In Portfolio Management Team

Retrieved on: 
Friday, July 16, 2021
Investment funds, Convertible security, Income fund, Convertible bond

HARTFORD, Conn., July 16, 2021 /PRNewswire/ --Allianz Global Investors U.S. LLC (AllianzGI), which manages certain Virtus closed-end funds in a subadvisory capacity, announced that as of March 1, 2022 Douglas G. Forsyth will step down as a co-portfolio manager of Virtus AllianzGI Convertible & Income Fund (NYSE: NCV), Virtus AllianzGI Convertible & Income Fund II (NYSE: NCZ), Virtus AllianzGI Convertible & Income 2024 Target Term Fund (NYSE: CBH), and Virtus AllianzGI Diversified Income & Convertible Fund (NYSE: ACV), Virtus AllianzGI Equity & Convertible Income Fund (NYSE: NIE), and Virtus Dividend, Interest & Premium Strategy Fund (NYSE: NFJ)

Key Points: 
  • HARTFORD, Conn., July 16, 2021 /PRNewswire/ --Allianz Global Investors U.S. LLC (AllianzGI), which manages certain Virtus closed-end funds in a subadvisory capacity, announced that as of March 1, 2022 Douglas G. Forsyth will step down as a co-portfolio manager of Virtus AllianzGI Convertible & Income Fund (NYSE: NCV), Virtus AllianzGI Convertible & Income Fund II (NYSE: NCZ), Virtus AllianzGI Convertible & Income 2024 Target Term Fund (NYSE: CBH), and Virtus AllianzGI Diversified Income & Convertible Fund (NYSE: ACV), Virtus AllianzGI Equity & Convertible Income Fund (NYSE: NIE), and Virtus Dividend, Interest & Premium Strategy Fund (NYSE: NFJ)
    There will be no changes to the investment processes for these funds, which are team oriented.
  • Virtus AllianzGI Convertible & Income Fund and Virtus AllianzGI Convertible & Income Fund II each have an investment objective to provide total return through a combination of capital appreciation and high current income with income as a secondary objective.
  • Virtus AllianzGI Diversified Income & Convertible Fund 'sinvestment objective is to provide total return through a combination of current income and capital appreciation, while seeking to provide downside protection against capital loss.
  • Virtus AllianzGI Equity & Convertible Income Fund seeks total return comprising capital appreciation, current income, and gains.

Rights and Issues Investment Trust PLC: Net Asset Value(s)

Retrieved on: 
Friday, July 16, 2021
Investment funds, Investment management, Financial markets, Net asset value, Investment trust, Issuer, Investment

Rights and Issues Investment Trust PLC: Net Asset Value(s)

Key Points: 

Rights and Issues Investment 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 15/07/2021 was:
Number of shares in issue:

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

Retrieved on: 
Friday, July 16, 2021
Investment management, Finance, Money, Net asset value, Dividend, Investment funds, Economy

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 15/07/2021 was:
Number of shares in issue:

Rights and Issues Investment Trust PLC: Net Asset Value(s)

Retrieved on: 
Friday, July 16, 2021
Finance, Money, Investment funds, Investment management, Investment, Financial markets, Net asset value, Investment trust, Issuer

Rights and Issues Investment Trust PLC: Net Asset Value(s)

Key Points: 

Rights and Issues Investment 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 14/07/2021 was:
Number of shares in issue:

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

Retrieved on: 
Friday, July 16, 2021
Finance, Investment management, Money, Investment funds, Net asset value, Dividend, Investment

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 14/07/2021 was:
Number of shares in issue:

First Trust Nasdaq Cybersecurity ETF is now Available for Sale in Mexican Pension Plans.

Retrieved on: 
Thursday, July 15, 2021
Banking, Other Professional Services, Professional services, Finance, Finance, Money, Investment funds, Economy, Unit investment trust, Pension fund, Investor, Exchange-traded fund

In accordance with Mexicos pension plan investment guidelines, CONSAR must approve an ETF before it can be purchased in a pension fund.

Key Points: 
  • In accordance with Mexicos pension plan investment guidelines, CONSAR must approve an ETF before it can be purchased in a pension fund.
  • As many institutional investors seek to invest in pensions within Mexico, First Trust is pleased to expand its offerings of ETFs available for use.
  • This includes the supervisory services First Trust provides to FTP sponsored unit investment trusts, which are unmanaged.
  • Contact First Trust Portfolios L.P. at 1-800-621-1675 to obtain a prospectus which contains this and other information about a fund.

Voya Equity Closed End Funds Declare Distributions

Retrieved on: 
Thursday, July 15, 2021
Banking, Professional services, Finance, Finance, Money, Economy, Financial ratios, Investment funds, Dividend, Shareholders, Rate of return, Return of capital, Closed-end fund

Voya Investment Management, the asset management business of Voya Financial, Inc. (NYSE: VOYA), announced today the monthly distribution on the common shares of one of its closed-end funds.

Key Points: 
  • Voya Investment Management, the asset management business of Voya Financial, Inc. (NYSE: VOYA), announced today the monthly distribution on the common shares of one of its closed-end funds.
  • There can be no assurance that a Fund will be able to declare a distribution in each period.
  • The Funds distributions will normally reflect past and projected net investment income, and may include income from dividends and interest, capital gains and/or a return of capital.
  • The tax character of the Fund's option strategy is largely determined by movements in, and gain and loss realizations in the underlying equity portfolio.

Gateway Equity Call Premium Fund Adds Expense Cut to Solid Track Record

Retrieved on: 
Wednesday, July 14, 2021
Banking, Professional services, Finance, Finance, Money, Economy, Expense, Financial ratios, Investment funds, Expense ratio, Investor, Investment management, Total expense ratio, Mutual fund fees and expenses, Gateway Investment Advisers, Natixis Investment Managers, GATEWAY INVESTMENT ADVISERS, NATIXIS INVESTMENT MANAGERS

As of the most recent prospectus, the investment advisor has contractually agreed to waive fees and/or reimburse expenses (with certain exceptions) once the expense cap of the fund has been exceeded.

Key Points: 
  • As of the most recent prospectus, the investment advisor has contractually agreed to waive fees and/or reimburse expenses (with certain exceptions) once the expense cap of the fund has been exceeded.
  • When an expense cap has not been exceeded, the gross and net expense ratios and/or yields may be the same.
  • 3 Morningstar rankings for the Gateway Equity Call Premium Fund in the Options Trading category is as of June 30, 2021.
  • Based in Cincinnati, Ohio, Gateway Investment Advisers, LLC (Gateway) specializes in low volatility equity strategies for risk-conscious investors.