Mutual Fund News

CINCINNATI--(BUSINESS WIRE)--Touchstone Investments today announced Benjamin Alge as president, to assume leadership of the company following the retirement of E. Blake Moore Jr....

TORONTO--(BUSINESS WIRE)--CI Global Asset Management has received securityholder approval to proceed with the merger of six mutual funds and two ETFs into other mandates....

SCOTTSDALE, Ariz.--(BUSINESS WIRE)--Voya Global Advantage and Premium Opportunity Fund (NYSE: IGA) and Voya Infrastructure, Industrials and Materials Fund (NYSE: IDE) (the “Funds”) today announced important information concerning the Funds’ distributions declared in February 2025. This press release is issued as required by the Funds’ Managed Distribution Plan (the “Plan") and an exemptive order received from the U.S. Securities and Exchange Commission. The Board of Trustees has approved the im...

IRVING, Texas--(BUSINESS WIRE)--American Beacon Advisors, Inc. (“American Beacon”), an experienced provider of investment advisory services to institutional and retail markets, announced today that the American Beacon SiM High Yield Opportunities Fund (Y Class: SHOYX) has been honored as an LSEG Lipper Fund Awards U.S. 2025 Winner for multiple time periods, including “Best Global High Yield Fund Over Three Years,” “Best Global High Yield Fund Over Five Years” and “Best Global High Yield Fund Ov...

CINCINNATI--(BUSINESS WIRE)--Touchstone Investments (“Touchstone”), known for its Distinctively Active® mutual funds and exchange traded funds (ETFs), announced today that its Touchstone Ares Credit Opportunities Fund (TARBX) has received a 2025 LSEG Lipper award in the Alternative Credit Focus Funds category for its 5-year performance (out of 21 funds and 75 share classes). Established in 2015 and sub-advised by a subsidiary of Ares Management Corporation (NYSE: ARES) (“Ares”), the Touchstone...

NEW YORK--(BUSINESS WIRE)--Special Opportunities Fund, Inc. (NYSE: SPE) (the “Fund”) today announced that the Fund’s Board of Directors has declared a cash dividend of $0.171875 per share on the Fund’s 2.75% Convertible Preferred Stock, Series C. The dividend is payable on March 31, 2025 to holders of record as of March 20, 2025....

PLYMOUTH, Mich.--(BUSINESS WIRE)--Schwartz Investment Counsel, Inc., the investment adviser to the Ave Maria Mutual Funds, today announced that its Ave Maria Bond Fund (NASDAQ: AVEFX) has been awarded 2025 LSEG Lipper Fund Awards for the best A-rated corporate bond funds. The award is for the 3-year (among 10 funds) and 5-year periods (among 10 funds) ended November 30, 2024. The Fund also won awards in 2024 for the best A-rated corporate bond funds. Those awards were for the 3-year (among 12 f...

BOSTON--(BUSINESS WIRE)--Several funds managed by Natixis Investment Managers' affiliate investment management firms earned 2025 LSEG Lipper Fund Awards for the US....

OMAHA, Neb.--(BUSINESS WIRE)--Weitz Investment Management, Inc. (WIM) is pleased to announce that Weitz Core Plus Income Fund (WCPBX) received two 2025 LSEG Lipper Fund Awards for best fund in Lipper’s Core Plus Bond Funds category in both the 5- and 10- year categories – its first year eligible for the 10-year award. Managed by co-heads of fixed income Tom Carney, CFA®, and Nolan Anderson, the fund earned the same distinction in 2024 for the 3- and 5-year periods, marking back-to-back years of...

NEW YORK--(BUSINESS WIRE)--Today, BlackRock expanded its active ETF platform with the launch of the iShares Managed Futures Active ETF (CBOE: ISMF), a liquid alternative strategy designed to capture trend-following signals across asset classes and deliver differentiated sources of return. ISMF provides investors access to BlackRock’s Systematic investment capabilities in the convenience and efficiency of the ETF wrapper. “Managed Futures strategies have proven effective in delivering differenti...