Mutual Fund News
Stay updated with the latest mutual fund news. Read about fund performance, investment strategies, market trends, and insights into the mutual fund industry. Discover how mutual funds are managed and their impacts on investors.
May 29, 2025 at 4:10 PM
First Trust Advisors L.P. Announces Distribution for First Trust Enhanced Short Maturity ETF
WHEATON, Ill.--(BUSINESS WIRE)--First Trust Advisors L.P. ("FTA") announces the declaration of the Monthly distribution for First Trust Enhanced Short Maturity ETF, a series of First Trust Exchange-Traded Fund IV. The following dates apply to today's distribution declaration: Expected Ex-Dividend Date: May 30, 2025 Record Date: May 30, 2025 Payable Date: June 3, 2025 Ticker Exchange Fund Name Frequency Ordinary Income Per Share Amount ACTIVELY MANAGED EXCHANGE-TRADED FUNDS First Trust Exch...
May 21, 2025 at 8:00 AM
Molina Healthcare of Michigan and The MolinaCares Accord Pledge $150,000 to Wayne Metro Community Action Agency to Improve Housing Security
DETROIT--(BUSINESS WIRE)--Molina Healthcare of Michigan and The MolinaCares Accord pledge $150,000 to Wayne Metro Community Action Agency to improve housing security....
May 21, 2025 at 7:00 AM
CI Global Asset Management Expands Mutual Fund Suite with Mandates Focused on Artificial Intelligence, Global Equities and Undervalued U.S. Companies
TORONTO--(BUSINESS WIRE)--CI Global Asset Management launches mutual fund series of three CI GAM ETFs, providing expanded access to timely investment mandates....
May 21, 2025 at 7:00 AM
Loomis Sayles Reopens Small Cap Growth Strategy as Product Achieves 20-Year Anniversary Milestone
BOSTON--(BUSINESS WIRE)--Loomis, Sayles & Company celebrates the twenty-year anniversary of the Loomis Sayles Small Cap Growth strategy, co-managed by Mark Burns and John Slavik since its 1 April 2005 inception. The Specialty Growth Strategy (SGS) Team has $5.5 billion in total assets under management as of 31 March 2025 across three products: Small Cap Growth, Small/Mid Cap Growth, and Mid Cap Growth. Following a successful soft close of the Small Cap Growth strategy at the end of 2019, th...
May 20, 2025 at 4:10 PM
First Trust Advisors L.P. Announces Distributions for Exchange-Traded Funds
WHEATON, Ill.--(BUSINESS WIRE)--First Trust Advisors L.P. ("FTA") announces the declaration of the monthly distributions for certain exchange-traded funds advised by FTA. The following dates apply to today's distribution declarations: Expected Ex-Dividend Date: May 21, 2025 Record Date: May 21, 2025 Payable Date: May 30, 2025 Ticker Exchange Fund Name Frequency Ordinary Income Per Share Amount ACTIVELY MANAGED EXCHANGE-TRADED FUNDS First Trust Exchange-Traded Fund III FCAL Nasdaq First Tr...
May 14, 2025 at 12:00 PM
Suncoast Equity Management Launches its First Actively Managed ETF on New York Stock Exchange
TAMPA, Fla.--(BUSINESS WIRE)--Suncoast Equity Management launches its first actively managed exchange-traded fund: the Suncoast Select Growth Fund....
May 14, 2025 at 9:20 AM
Hartford Funds Announces the Closure and Liquidation of Four Exchange-Traded Funds
WAYNE, Pa.--(BUSINESS WIRE)--Hartford Funds, a leading asset manager, has announced that it will close and liquidate four exchange-traded funds. Hartford Funds’ commitment to responding to investors’ needs includes a regular review of its product lineup, which has led to a decision to liquidate the following funds: Hartford Schroders Commodity Strategy ETF (HCOM), a series of Hartford Funds Exchange-Traded Trust, and Hartford Longevity Economy ETF (HLGE), Hartford Multifactor Diversified Intern...
May 12, 2025 at 3:30 PM
Vontobel Enters Active ETF Market With First Launch in the US
NEW YORK--(BUSINESS WIRE)--Over the past 10 years, active ETF assets under management have grown at a compound annual growth rate of 39%.1 Vontobel’s entry into the active ETF market enables clients to access its active product offering with the benefits of liquidity, transparency and potential tax efficiency. This new offering complements the firm’s solutions capabilities while staying true to the principles that define its active investment approach. The Vontobel International Equity Active E...
May 12, 2025 at 10:46 AM
BlueBay Destra International Event Driven Credit Fund Celebrates 7 Years of Strong Performance
BOZEMAN, Mont.--(BUSINESS WIRE)--Destra Capital Advisors LLC (“Destra”) is pleased to announce the seventh anniversary of the BlueBay Destra International Event Driven Credit Fund (the “Fund or “CEDIX”), marking a significant milestone with sustained strong performance across its lifetime. Launched on May 9, 2018, the Fund was designed to strategically capitalize on event-driven opportunities in the international credit markets, providing investors with access to a unique interval fund strategy...
May 12, 2025 at 9:00 AM
Parnassus Investments Debuts International Equity Fund
SAN FRANCISCO--(BUSINESS WIRE)--Parnassus Investments, a pioneer in high-conviction, sustainable investing, today announced the launch of the Parnassus International Equity Fund, its first actively managed international equity mutual fund. The fund is available in two share classes: Investor Shares (ticker symbol PRBRX) and Institutional Shares (ticker symbol PFPEX). This new fund extends Parnassus’s disciplined investment approach beyond U.S. borders, offering investors a carefully curated por...
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