Mutual Funds A subcategory of Financial Services and Investing-specific stories, this section offers news and announcements related to mutual funds, including products/services and their respective providers.

Latest

May 27, 2016, 09:00 ET Aberdeen Global Income Fund, Inc. Announces Payment Of Monthly Distribution

 Aberdeen Global Income Fund, Inc. (NYSE MKT: FCO) (the "Fund"), a closed-end fund, today announced that it paid on May 27, 2016, a...


May 27, 2016, 09:00 ET Aberdeen Asia-Pacific Income Fund, Inc. Announces Payment Of Monthly Distribution

 Aberdeen Asia-Pacific Income Fund, Inc. (NYSE MKT: FAX) (the "Fund"), a closed-end fund, today announced that it paid on May 27, 2016, a...


May 27, 2016, 08:39 ET Zweig Total Return Fund Announces Preliminary Results of Tender Offer

 The Zweig Total Return  Fund, Inc. (NYSE: ZTR) (the "Fund") announced today that the Fund's tender offer for 4,768,925.10 of its...


May 26, 2016, 10:23 ET Peter S. Kraus, Chairman and CEO, to Participate in the KBW Asset Management Investor Conference on June 2

 AllianceBernstein L.P. ("AB") today announced that Peter S. Kraus, Chairman and Chief Executive Officer, will participate in the 2016 KBW...


May 26, 2016, 09:05 ET AdvisorShares Announces Sub-Advisor Change for Float Shrink ETF (TTFS)

AdvisorShares, a leading sponsor of actively managed exchange-traded funds (ETFs), announced today that the AdvisorShares Trust's Board of Trustees...


May 26, 2016, 09:00 ET Eaton Vance High Income 2021 Target Term Trust (NYSE: EHT) Raises $190 Million in Initial Public Offering

 Eaton Vance Management ("Eaton Vance") announced today the initial public offering of common shares of Eaton Vance High Income 2021 Target...


May 26, 2016, 08:00 ET Tal Yatsiv Named CEO of Backed Inc.

Backed Inc., an online lending platform for personal loans, announced today that Tal Yatsiv has been named Chief Executive Officer. Backed's...


May 26, 2016, 07:52 ET The World's Retirement Wake-Up Call: Too Little Progress Is Being Made to Financially Prepare Workers

 A new report released today from Transamerica Center for Retirement Studies® (a division of the Transamerica Institute®, a...


May 24, 2016, 15:00 ET Transamerica and AHA Partner to Promote Health & Wellness as Essential to Financial Security

 Reflecting its focus on increasing awareness among Americans about the essential connection between good health and the prospects for...


May 24, 2016, 09:35 ET Portfolio Manager Luz Padilla to Hold Emerging Markets Webcast

Luz Padilla, director of DoubleLine Capital's Emerging Markets Fixed Income team, today will hold a webcast for the DoubleLine Emerging Markets...


May 24, 2016, 09:00 ET The Financial States of America: More Than Two Thirds of US Adults Believe They Will Outlive their Savings

As life expectancies continue to climb, Americans are increasingly less confident that their savings will last through retirement. According to the...


May 23, 2016, 11:34 ET Royce Global Value Trust (NYSE: RGT) as of April 30, 2016

- A closed-end fund that invests in global equities using a disciplined value approach - Average weekly trading volume of...


May 23, 2016, 11:30 ET Royce Value Trust (NYSE: RVT) as of April 30, 2016

- Oldest and largest small-cap closed-end fund - Average weekly trading volume of approximately 1,226,460 shares - Fund's...


May 23, 2016, 10:19 ET John Hancock Alternative Asset Allocation Fund honored at Institutional Investor U.S. Investment Management Awards

 Institutional Investor recognized John Hancock Investments at the 7th Annual U.S. Investment Management Awards in New York City last...


May 23, 2016, 09:00 ET Parametric Appoints Marc Fiore to Newly Created Global Head of Marketing Position

 Parametric Portfolio Associates® LLC ("Parametric"), a majority owned subsidiary of Eaton Vance Corp. (NYSE: EV), today announced that...


May 23, 2016, 03:00 ET Broadridge Appoints New Executive Talent to Support Growth of Market Intelligence Capabilities

 Broadridge Financial Solutions, Inc. (NYSE: BR) announces the appointment of Stephanie Clarke to the role of senior vice president of Global...


May 20, 2016, 16:06 ET Alliance California Municipal Income Fund Releases Monthly Portfolio Update

Alliance California Municipal Income Fund, Inc. (NYSE: AKP) (the "Fund") today released its monthly portfolio update as of April 30, 2016....


May 20, 2016, 16:01 ET Eaton Vance Funds Appoint Two New Trustees

The Boards of Trustees of the Eaton Vance (NYSE: EV) mutual funds and closed-end funds announced today that Mark R. Fetting and Scott E....


May 20, 2016, 14:50 ET Sunshine Capital, Inc. Announces Approval of All Recommendations Made by Investment Trustee Daniel J Duffy, to Cancel 92% of Company's Outstanding Shares

 Sunshine Capital, Inc. (Pinksheets: SCNP) today announced that the Board of Directors has approved all recommendations made by Advisory...


May 19, 2016, 14:02 ET Virtus Global Multi-Sector Income Fund Discloses Sources of Distribution - Section 19(a) Notice

 Virtus Global Multi-Sector Income Fund (NYSE: VGI) declared a distribution of $0.156 per share to shareholders of record at the close of...