Mutual Fund News

TAMPA, Fla.--(BUSINESS WIRE)--Suncoast Equity Management launches its first actively managed exchange-traded fund: the Suncoast Select Growth Fund....

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...

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...

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...

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...

NEW YORK--(BUSINESS WIRE)--Lazard, Inc. (NYSE: LAZ) reported today that its preliminary assets under management (“AUM”) as of April 30, 2025 totaled approximately $231.4 billion. The month’s AUM included FX appreciation of $5.1 billion, market depreciation of $0.9 billion, and net outflows of $0.2 billion. LAZARD, INC. ASSETS UNDER MANAGEMENT (“AUM”) (unaudited) ($ in millions)     As of:   April 30, March 31,   20251 2025 Equity   $176,313 $174,130 Fixed Income   46,341 44,024 Other   8,754 9,...

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 1, 2025 Record Date: May 1, 2025 Payable Date: May 2, 2025 Ticker Exchange Fund Name Frequency Ordinary Income Per Share Amount   ACTIVELY MANAGED EXCHANGE-TRADED FUNDS   First Trust Exchange-Traded Fund DFII NYSE Arca FT Vest Bitcoi...

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:   April 30, 2025 Record Date:   April 30, 2025 Payable Date:   May 2, 2025 Ticker Exchange Fund Name Frequency Ordinary Income Per Share Amount ACTIVELY MANAGED EXCHANGE-TRADED FUNDS   First Trus...

HARTFORD, Conn.--(BUSINESS WIRE)--Virtus Total Return Fund Inc. (NYSE: ZTR) previously announced the following monthly distribution on March 6, 2025: Amount of Distribution Ex-Date/Record Date Payable Date $0.05 April 11, 2025 April 29, 2025 Under the terms of its Managed Distribution Plan, the Fund will seek to maintain a consistent distribution level that may be paid, in part or in full, from net investment income and realized capital gains, or a combination thereof. Shareholders should note,...

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)....