Mutual Fund News

TORONTO--(BUSINESS WIRE)--CI Global Asset Management announces a risk rating change for Unhedged Common Units of CI U.S. Minimum Downside Volatility Index ETF (CUDV.B)....

WASHINGTON--(BUSINESS WIRE)--F/m Investments ("F/m"), a $17 billion investment firm and innovative provider of exchange-traded funds (ETFs), today announced the launch of the F/m High Yield 100 ETF (Ticker: ZTOP). This passively managed ETF is designed to provide investors with a more precise, high-quality exposure to U.S. high-yield corporate bonds by targeting the 100 largest and most liquid issuers in the market, with lower volatility than traditional products. ZTOP is the first ETF to inves...

TORONTO--(BUSINESS WIRE)--CI Global Asset Management terminates CI Galaxy Metaverse Index ETF (“CMVX”) and completes the mergers of six mutual funds and ETFs....

BETHESDA, Md.--(BUSINESS WIRE)--Edgemoor Investment Advisors’ Meehan Focus Fund (MEFOX) wins Third LSEG Lipper Award....

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....