Mutual Fund News

DALLAS--(BUSINESS WIRE)--Regan Capital, an investment firm with approximately $2.9 billion in assets, celebrates the five-year anniversary of the Regan Total Return Income Fund (RCIRX), an open-ended mutual fund that invests across the fixed income market. By focusing on high quality, discounted bonds and active trading, RCIRX seeks to outperform traditional total return strategies with less credit risk and less sensitivity to changes in interest rates. As of September 30, 2025, the $1.60 billi...

TORONTO--(BUSINESS WIRE)--Russell Investments Canada Limited (“Russell Investments Canada”) today announced cash distributions for the ETF Series of certain mutual funds (“ETF Series”) for the months of October, and November. Unitholders of record of the ETF Series, as of the Record Date, will receive a per-unit cash distribution payable on the Payment Date Details of the per-unit cash distribution amount are as follows: Fund Name Ticker Symbol Cash Distribution per Unit ($) CUSIP ISIN Record D...

NEW YORK--(BUSINESS WIRE)--The FolioBeyond Alternative Income and Interest Rate Hedge ETF (NYSE Arca: RISR) has crossed the $180 million asset threshold, placing the fund in the top 50% of fixed income ETFs by assets under management. This milestone reinforces RISR's position as a leading actively managed solution for investors seeking both income generation and interest rate risk mitigation. RISR is ranked #6 among 235 funds in Morningstar’s Nontraditional Bond Funds category over the 3 years...

SAN FRANCISCO--(BUSINESS WIRE)--Bitwise today announced that the net asset value (“NAV”) for the Bitwise GME Option Income Strategy ETF (Ticker: IGME) was restated as shown below. The NAV restatement is a result of an error in calculating the NAV for this ETF. ETF Name Ticker (NYSE Arca) Date Revised NAV Original NAV NAV Adjustment Percentage Bitwise GME Option Income Strategy ETF IGME 10/07/25 35.7535 36.7212 -2.63% Risks and Important Information Carefully consider the investment objectives,...

GREENWICH, Conn.--(BUSINESS WIRE)--The Pursuit Asset-Based Income Fund (GOFOX) is an interval fund focused on niche asset-based lending, a new opportunity in the private credit market....

TORONTO--(BUSINESS WIRE)--CI Global Asset Management launches CI Target Maturity Investment Grade Bond Funds and ETFs, which have fixed maturity dates....

BOSTON--(BUSINESS WIRE)--Each of Pioneer Diversified High Income Fund, Inc. (HNW) and Pioneer High Income Fund, Inc. (PHT) announced today that the fund liquidated as planned on September 25, 2025 and the proportionate interests of stockholders in the assets of each fund were determined as of that date. Prior to the opening of business on September 26, 2025, HNW will cease trading on the NYSE American (NYSEAMER) and PHT will cease trading on the New York Stock Exchange (NYSE). Each fund’s prima...

SAN MATEO, Calif.--(BUSINESS WIRE)--Franklin Templeton today announced it will liquidate and dissolve Putnam BioRevolution™ ETF (SYNB). The liquidation is anticipated to occur on or about November 21, 2025, although the Fund may make dispositions of portfolio holdings prior to the liquidation date. Effective as of the close of business on October 24, 2025, the Fund will no longer accept orders for the purchase of creation units, and effective as of the close of business on November 13, 2025, th...

LONDON--(BUSINESS WIRE)--First Trust Global Portfolios Management Limited (“FTGPM”) announces the declaration of the quarterly distributions for the following sub-funds of First Trust Global Funds plc, ISIN Fund Name Frequency Dividend per Share IE00BWTNMB87 First Trust US Large Cap Core AlphaDEX® UCITS ETF Class B Quarterly $0.1734 (USD) IE00BD9N0445 First Trust United Kingdom AlphaDEX® UCITS ETF Class B Quarterly 0.1888 (GBP) IE00BD842Y21 First Trust Global Equity Income UCITS ETF Class B Qua...

NEW YORK--(BUSINESS WIRE)--Lazard, Inc. (NYSE: LAZ) reported today that its preliminary assets under management (“AUM”) as of August 31, 2025 totaled approximately $258.4 billion. The month’s AUM included market appreciation of $2.7 billion, FX appreciation of $2.2 billion, and net outflows of $0.2 billion. LAZARD, INC. ASSETS UNDER MANAGEMENT (“AUM”) (unaudited) ($ in millions)     As of:   August 31, July 31,   20251 2025 Equity $202,509 198,773 Fixed Income 46,877 45,980 Other 8,982 8,900 To...