Capital appreciation

T. ROWE PRICE CAPITAL APPRECIATION FUND TIES RECORD FOR LONG-TERM PERFORMANCE

Retrieved on: 
Monday, January 8, 2024
Pioneer Fund, T. Rowe Price, Grain, Capital appreciation, Investment strategy, ETF, Calendar, Russian National Wealth Fund, Ticker, TCAF, Security (finance)

BALTIMORE, Jan. 8, 2024 /PRNewswire/ -- T. Rowe Price (NASDAQ-GS: TROW), a global investment management firm, announced today that the T. Rowe Price Capital Appreciation Fund (Ticker: PRWCX)  managed by David Giroux, CFA®, finished 2023 as having beaten its Morningstar peer group average for 16 consecutive years, tying the record for the most consecutive calendar years a U.S. equity or multi-asset fund has done so under the same portfolio manager. Based on T. Rowe Price's analysis, the only other fund to accomplish this was the Pioneer Fund, managed by the late Philip Carret, who established the record between 1938-1953.1

Key Points: 
  • The T. Rowe Price Capital Appreciation Fund, which has been closed to new investors since June 30, 2014, began operation in 1986 and seeks long-term capital appreciation by investing primarily in a blended portfolio of common and preferred stocks as well as fixed income and other securities to help preserve principal value.
  • The T. Rowe Price Capital Appreciation Fund is one of three vehicles within the Capital Appreciation suite.
  • Giroux also manages the T. Rowe Price Capital Appreciation Equity ETF (Ticker: TCAF), which launched in June 2023, and he co-manages the T. Rowe Price Capital Appreciation and Income Fund (Ticker: PRCFX), which launched in November 2023.
  • "With no other portfolio manager achieving this record in 70 years, David's Capital Appreciation Fund performance is truly remarkable.

T. ROWE PRICE LAUNCHES CAPITAL APPRECIATION AND INCOME FUND

Retrieved on: 
Wednesday, November 29, 2023
Social, Investment strategy, Ticker, Calendar, Committee, Philosophy, ESG, Capital appreciation, Bias, Thought, Security (finance)

BALTIMORE, Nov. 29, 2023 /PRNewswire/ -- T. Rowe Price (NASDAQ-GS: TROW), a global investment management firm, announced today the launch of the Capital Appreciation and Income Fund. The fund is an addition to the Capital Appreciation suite and seeks to generate strong risk-adjusted total returns through a combination of capital appreciation primarily from stocks, income from stock dividends, and interest income from the fund's fixed income holdings.

Key Points: 
  • New mutual fund adds to the T. Rowe Price Capital Appreciation suite and is led by award-winning portfolio manager David Giroux and Farris Shuggi
    BALTIMORE, Nov. 29, 2023 /PRNewswire/ -- T. Rowe Price (NASDAQ-GS: TROW), a global investment management firm, announced today the launch of the Capital Appreciation and Income Fund.
  • The fund is an addition to the Capital Appreciation suite and seeks to generate strong risk-adjusted total returns through a combination of capital appreciation primarily from stocks, income from stock dividends, and interest income from the fund's fixed income holdings.
  • The Capital Appreciation and Income Fund is one of three vehicles within the Capital Appreciation suite, which also includes the Capital Appreciation Fund (Ticker: PRWCX) and the Capital Appreciation Equity ETF (Ticker: TCAF).
  • Compared to the Capital Appreciation Fund, the new fund will have more fixed income securities and fewer equities over time and is expected to be less volatile and generate more current income.

Brompton Announces Special Meeting of Brompton Oil Split Corp.

Retrieved on: 
Friday, October 6, 2023
Universe, TSX, Class B share, Capital appreciation, ESP, Transport, Meeting, Amendment, Fund, Environment, S&P/TSX, OSP, Management, Security (finance)

TORONTO, Oct. 06, 2023 (GLOBE NEWSWIRE) -- (TSX: OSP, OSP.PR.A) Brompton Funds Limited (“Brompton” or the “Manager”), announces that it will hold a special meeting (the “Meeting”) of holders of Class A Shares and Preferred Shares (the “Shareholders”) of Brompton Oil Split Corp. (the “Fund”).

Key Points: 
  • TORONTO, Oct. 06, 2023 (GLOBE NEWSWIRE) -- (TSX: OSP, OSP.PR.A) Brompton Funds Limited (“Brompton” or the “Manager”), announces that it will hold a special meeting (the “Meeting”) of holders of Class A Shares and Preferred Shares (the “Shareholders”) of Brompton Oil Split Corp. (the “Fund”).
  • The Fund currently invests in a portfolio of equity securities of large capitalization North American oil and gas issuers, primarily focused on those with significant exposure to oil.
  • A special meeting of Shareholders will be held on December 5, 2023 to consider and vote on the proposed Amendments.
  • Shareholders of record at the close of business on November 3, 2023 will be entitled to vote at the Meeting.

Holiday Swap Group Bolsters Advisory Board with Fintech Innovator Eitan Neishlos

Retrieved on: 
Tuesday, August 8, 2023
Fintech, Partnership, Travel, Capital appreciation, Reflections, American Express, Aviation, Woman, National Library of Australia, Research, National library, Entrepreneurship, Moyamoya disease, Acquisition, AIDS, LEAP, Sydney Opera House, Nordic Global Airlines, Swap, A380, Growth, National Library of Israel, Sydney Opera House Trust, Renewable energy, Tourism

London, United Kingdom--(Newsfile Corp. - August 8, 2023) - In a significant development, Holiday Swap, a trailblazer in the accommodation industry, has brought on board Eitan Neishlos as an investor and advisory board member.

Key Points: 
  • London, United Kingdom--(Newsfile Corp. - August 8, 2023) - In a significant development, Holiday Swap, a trailblazer in the accommodation industry, has brought on board Eitan Neishlos as an investor and advisory board member.
  • James Asquith, Holiday Swap founder and CEO, warmly welcomes Neishlos on board, "Eitan's inclusion as a shareholder and a member of our advisory board is an exciting development.
  • Neishlos' commitment to Holiday Swap Group, coupled with his advisory role, propels the company towards an exciting phase of growth.
  • The collaboration with Neishlos is expected to further strengthen these pursuits, highlighting the multi-faceted growth potential of Holiday Swap Group.

Halo Dot Achieves Visa Ready Certification for Tap to Phone Software Development Kit (SDK)

Retrieved on: 
Sunday, November 27, 2022
SDK, JSE Limited, Tanjungpinang, IOS SDK, NEWS, Certification, Knowledge, PCI, HALO, JSE, Software development kit, DOT, Halo, CTA, Full, Capital appreciation, Android, Visa, Acquiring bank, APO Group, Security printing, Online shopping, Mobile phone

HALO DOT ( www.HaloDot.io ) a division of Synthesis Software Technologies, announced today that it has achieved the latest Visa Certification for its products.

Key Points: 
  • HALO DOT ( www.HaloDot.io ) a division of Synthesis Software Technologies, announced today that it has achieved the latest Visa Certification for its products.
  • Earlier this year, Visa published new security standards for Software Development Kits (SDKs) that enable secure digital payment acceptance on consumer mobile devices.
  • Halo Dot has achieved the Full SDK certification, which means that customers will gain time and cost savings when using Halo Dot.
  • Halo Dot provide innovative software solutions that allow anyone to accept contactless payments directly on their mobile phone.

Great Elm Capital Corp. (“GECC”) Schedules Second Quarter 2021 Earnings Release and Conference Call

Retrieved on: 
Thursday, July 29, 2021
Finance, Money, Economy, Valuation, Conference call, Business Development Company, Elm, Capital appreciation, Investor

An accompanying slide presentation will be available in .pdf format via the Investor Relations section of Great Elm Capital Corp.s website at http://www.investor.greatelmcc.com/events-and-presentations/presentations after the issuance of the earnings release.

Key Points: 
  • An accompanying slide presentation will be available in .pdf format via the Investor Relations section of Great Elm Capital Corp.s website at http://www.investor.greatelmcc.com/events-and-presentations/presentations after the issuance of the earnings release.
  • The call and presentation will also be simultaneously webcast over the Internet via the Investor Relations section of GECCs website or by clicking on the conference call link: Great Elm Capital Corp (GECC) Q2 2021 Conference Call Webcast .
  • About Great Elm Capital Corp.
    Great Elm Capital Corp. is an externally managed, specialty finance company that seeks to generate both current income and capital appreciation through debt and income generating equity investments.
  • GECC elected to be regulated as a business development company under the Investment Company Act of 1940, as amended.

PFD, PFO, FFC, FLC and DFP Announce August, September and October Dividends

Retrieved on: 
Tuesday, July 20, 2021
Banking, Professional services, Finance, Finance, Money, Economy, Investment funds, Valuation, Capital appreciation, Investment, Investor, Real estate valuation, Stock fund

The Boards of Directors of Flaherty & Crumrine Preferred and Income Fund Incorporated (NYSE: PFD), Flaherty & Crumrine Preferred and Income Opportunity Fund Incorporated (NYSE: PFO), Flaherty & Crumrine Preferred and Income Securities Fund Incorporated (NYSE: FFC), Flaherty & Crumrine Total Return Fund Incorporated (NYSE: FLC) and Flaherty & Crumrine Dynamic Preferred and Income Fund Incorporated (NYSE: DFP) today announced that they have declared per share dividends for August, September and October 2021 as detailed below:

Key Points: 
  • An investor should consider the funds investment objective, risks, charges and expenses carefully before investing.
  • 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.

Cymbria's investment in EdgePoint

Retrieved on: 
Tuesday, June 29, 2021
Valuation, Economy of Toronto, Anav, Capital appreciation, Toronto Stock Exchange, Economy

/NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES./

Key Points: 
  • /NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES./
    TORONTO, ON, June 29, 2021 /CNW/ -Cymbria Corporation (TSX: CYB) ("Cymbria") announced today that with the assistance of an independent valuator and the Valuation Committee, the value of Cymbria's investment in EdgePoint Wealth Management Inc. ("EdgePoint") has been increased from $220,522,669 to $244,341,248.
  • It is expected this will result in an increase to Cymbria's A share aNAV of approximately 1.65% or $1.01 per share.
  • After the revaluation, EdgePoint will represent approximately 16.6% of Cymbria's Portfolio.
  • Cymbria's investment objective is to provide shareholders with long-term capital appreciation through an actively managed portfolio comprised primarily of global equities and an investment in EdgePoint Wealth Management Inc. Cymbria began trading on the TSX on November 4, 2008 under the symbol CYB.

Western Asset Diversified Income Fund Raises $1.0 Billion in Initial Public Offering, Starts Trading on New York Stock Exchange

Retrieved on: 
Monday, June 28, 2021
Banking, Professional services, Finance, Finance, Money, Economy, Western Asset Management Company, Capital appreciation, Franklin Templeton Investments, Diversification, Investment, Bond market, Western Asset, Franklin Templeton, WESTERN ASSET, FRANKLIN TEMPLETON

Franklin Templeton, one of the worlds largest asset managers, has announced that Western Asset Diversified Income Fund (the "Fund") has raised $1,000,000,000 in its initial public offering (excluding any exercise of the underwriters' option to purchase additional common shares).

Key Points: 
  • Franklin Templeton, one of the worlds largest asset managers, has announced that Western Asset Diversified Income Fund (the "Fund") has raised $1,000,000,000 in its initial public offering (excluding any exercise of the underwriters' option to purchase additional common shares).
  • The Fund is a diversified, closed-end fund seeking high current income and, secondarily, capital appreciation.
  • Western Asset, which currently manages $181 billion in multi-sector bond strategies as of March 31, 2021, has been one of Franklin Templetons independent specialist investment managers since July 2020.
  • Were seeking diversified sources of income, which means were anticipating investing across the entirety of the global credit markets to enhance portfolio diversification and return potential.

Great Elm Capital Corp. Announces Conditional Redemption of 6.50% Notes due 2022

Retrieved on: 
Wednesday, June 23, 2021
Financial markets, Finance, Stock market, Capital appreciation, Valuation, Redemption value, Security, Investment

The Company will redeem all of the issued and outstanding Notes on July 23, 2021 (the Redemption Date).

Key Points: 
  • The Company will redeem all of the issued and outstanding Notes on July 23, 2021 (the Redemption Date).
  • The Notes will be redeemed at 100% of their principal amount, plus accrued and unpaid interest thereon from April 30, 2021, through, but excluding, the Redemption Date.
  • Questions relating to the notice of redemption should be directed to American Stock Transfer & Trust Company, LLC via telephone at 1 (800) 9375449.
  • About Great Elm Capital Corp.
    Great Elm Capital Corp. is an externally managed, specialty finance company that seeks to generate current income and capital appreciation by investing in debt and income generating equity securities, including investments in specialty finance businesses.