Open-end fund

Leading Independent Proxy Advisory Firms ISS and Glass Lewis Recommend Western Asset Corporate Loan Fund Inc. Shareholders Vote to Approve New Agreements Between the Fund and its Investment Manager and Subadviser

Retrieved on: 
Tuesday, May 26, 2020
Banking, Professional services, Finance, Economy, Finance, Money, Institutional investors, Corporate law, Proxy firm, Investment management, Glass Lewis, Open-end fund, Institutional Shareholder Services

Western Asset Corporate Loan Fund Inc. (NYSE: TLI) (the Fund) today announced that Institutional Shareholder Services (ISS) and Glass Lewis & Co. (Glass Lewis), two of the leading independent proxy advisory firms, recommend that shareholders vote to approve the new agreements between the Fund and its investment manager and subadviser.

Key Points: 
  • Western Asset Corporate Loan Fund Inc. (NYSE: TLI) (the Fund) today announced that Institutional Shareholder Services (ISS) and Glass Lewis & Co. (Glass Lewis), two of the leading independent proxy advisory firms, recommend that shareholders vote to approve the new agreements between the Fund and its investment manager and subadviser.
  • This point supports the fund's decision to refrain from open-ending, liquidating, or converting the fund to an open-end fund.
  • The Funds investment manager and subadviser have enabled the Fund to outperform2 its peers3 and increase distributions to shareholders.
  • If you have any questions about how to vote your shares, or need additional assistance, please contact:

GAMCO Expects to Report First Quarter 2020 Diluted Earnings of $0.40 to $0.44 Per Share

Retrieved on: 
Thursday, April 2, 2020
Professional services, Finance, GAMCO Investors, GBL, Open-end fund

GAMCO Investors, Inc. (GAMCO) (NYSE:GBL) announced today that it expects to report first quarter 2020 diluted earnings in the range of $0.40 to $0.44 per share versus $0.70 per share for the first quarter of 2019.

Key Points: 
  • GAMCO Investors, Inc. (GAMCO) (NYSE:GBL) announced today that it expects to report first quarter 2020 diluted earnings in the range of $0.40 to $0.44 per share versus $0.70 per share for the first quarter of 2019.
  • Assets under management were $27.5 billion at March 31, 2020, as compared to $36.5 billion at December 31, 2019 and $37.3 billion at March 31, 2019.
  • Since inception in 1977, GAMCO has been identified with its research driven approach to equity investing and Private Market Value (PMV) with a CatalystTM investment approach.
  • GAMCO provides investment advisory services through 24 open-end funds, 16 closed-end funds, a SICAV, and approximately 1,700 institutional and private wealth management accounts, principally in the U.S.

Mario Gabelli Chief Investment Officer - Value, Howard Ward Chief Investment Officer – Growth, and Christopher Marangi Co - Chief Investment Officer - Value to Speak At IMPACT® 2019 Conference

Retrieved on: 
Tuesday, November 5, 2019
Banking, Professional services, Finance, Finance, Money, Economy, Investment funds, Closed-end fund, Mario Gabelli, Open-end fund, GAMCO Investors, Investment, Funds

Mr. Ward will be joined by Chairman, Chief Executive Officer and Chief Investment Officer of Value, Mario J. Gabelli, CFA, and Christopher J. Marangi, the Co-Chief Investment Officer of Value who has portfolio manager responsibilities for four open-end funds, The Gabelli Asset Fund, The Gabelli Value 25 Fund, The Gabelli ESG Fund, and The Gabelli Media Mogul Fund as well as four closed-end funds.

Key Points: 
  • Mr. Ward will be joined by Chairman, Chief Executive Officer and Chief Investment Officer of Value, Mario J. Gabelli, CFA, and Christopher J. Marangi, the Co-Chief Investment Officer of Value who has portfolio manager responsibilities for four open-end funds, The Gabelli Asset Fund, The Gabelli Value 25 Fund, The Gabelli ESG Fund, and The Gabelli Media Mogul Fund as well as four closed-end funds.
  • The conference runs from November 4 to November 7at the San Diego Convention Center.
  • Investors should carefully consider the investment objectives, risks, charges and expenses of each Fund before investing.
  • Each Funds prospectus contains information about these and other matters and should be read carefully before investing.

Fidelity Investments® Adds to Industry-Leading Index Fund Lineup

Retrieved on: 
Thursday, October 17, 2019
Banking, Professional services, Finance, Finance, Money, Economy, Funds, Investment, Fidelity Investments, Index fund, Mutual fund, Fidelity International, The Vanguard Group, Open-end fund, William Danoff

As is the case with all Fidelity Index Funds, Fidelity International Bond Index Fund has total net expenses lower than its comparable Vanguard fund.

Key Points: 
  • As is the case with all Fidelity Index Funds, Fidelity International Bond Index Fund has total net expenses lower than its comparable Vanguard fund.
  • Fidelity International Bond Index Fund is available, with no investment minimum, to individual investors, as well as through third-party financial advisors and workplace retirement plans.
  • Fidelity is one of the largest index mutual fund providers in the industry, with $530 billion in index mutual fund assets as of August 31, 2019.
  • Fidelity, Fidelity Investments, Fidelity Investments and the pyramid logo are registered service marks of FMR LLC.

Liberty All-Star® Equity Fund August 2019 Monthly Update

Retrieved on: 
Saturday, September 14, 2019
Finance, Money, Economy, Investment, Funds, Dividend, Shareholders, Rate of return, Share, Net asset value, Open-end fund

However, the Fund also has a market price; the value at which it trades on an exchange.

Key Points: 
  • However, the Fund also has a market price; the value at which it trades on an exchange.
  • If the market price is above the NAV the Fund is trading at a premium.
  • Performance returns for the Fund are total returns, which includes dividends, and are net of management fees and other Fund expenses.
  • Performance information shown does not reflect the deduction of taxes that shareholders would pay on Fund distributions or the sale of Fund shares.