Mutual Fund News

SAN MATEO, Calif.--(BUSINESS WIRE)--Franklin Templeton today announced it will liquidate and dissolve Putnam BioRevolution™ ETF (SYNB). The liquidation is anticipated to occur on or about November 21, 2025, although the Fund may make dispositions of portfolio holdings prior to the liquidation date. Effective as of the close of business on October 24, 2025, the Fund will no longer accept orders for the purchase of creation units, and effective as of the close of business on November 13, 2025, th...

LONDON--(BUSINESS WIRE)--First Trust Global Portfolios Management Limited (“FTGPM”) announces the declaration of the quarterly distributions for the following sub-funds of First Trust Global Funds plc, ISIN Fund Name Frequency Dividend per Share IE00BWTNMB87 First Trust US Large Cap Core AlphaDEX® UCITS ETF Class B Quarterly $0.1734 (USD) IE00BD9N0445 First Trust United Kingdom AlphaDEX® UCITS ETF Class B Quarterly 0.1888 (GBP) IE00BD842Y21 First Trust Global Equity Income UCITS ETF Class B Qua...

NEW YORK--(BUSINESS WIRE)--Lazard, Inc. (NYSE: LAZ) reported today that its preliminary assets under management (“AUM”) as of August 31, 2025 totaled approximately $258.4 billion. The month’s AUM included market appreciation of $2.7 billion, FX appreciation of $2.2 billion, and net outflows of $0.2 billion. LAZARD, INC. ASSETS UNDER MANAGEMENT (“AUM”) (unaudited) ($ in millions)     As of:   August 31, July 31,   20251 2025 Equity $202,509 198,773 Fixed Income 46,877 45,980 Other 8,982 8,900 To...

SAN MATEO, Calif.--(BUSINESS WIRE)--Franklin Templeton today announced it will liquidate and dissolve Franklin Sustainable International Equity ETF (MCSE). The liquidation is anticipated to occur on or about January 16, 2026. After the close of business on December 19, 2025, the Fund will no longer accept creation orders. Trading in the Fund on the Nasdaq Stock Market LLC (NASDAQ) will be halted prior to market open on January 12, 2026. Proceeds of the liquidation are currently scheduled to be...

NEW YORK--(BUSINESS WIRE)--BNY Mellon Alcentra Global Multi-Strategy Credit Fund, Inc. (Ticker: XALCX) (the "Fund") announced today that, in accordance with the Fund's Charter, the Fund completed its liquidation on August 29, 2025 (the "Termination Date"). The final NAV on the Termination Date was $87.0614. Final distributions are to be made the week of September 2, 2025. Important Information BNY Mellon Investment Adviser, Inc., the investment adviser for the Fund, is part of BNY Investments....

NEW YORK--(BUSINESS WIRE)--BNY Mellon Alcentra Global Multi-Strategy Credit Fund, Inc. (Ticker: XALCX) (the "Fund") announced today additional details concerning the liquidation and termination of the Fund. In accordance with the Fund's Charter, the Fund's Board of Directors has approved the termination date of the Fund. The Fund will terminate at the close of business on or about August 29, 2025, approximately the sixth anniversary of the closing date of the Fund's initial public offering (the...

NEW YORK--(BUSINESS WIRE)--Lazard, Inc. (NYSE: LAZ) reported today that its preliminary assets under management (“AUM”) as of July 31, 2025 totaled approximately $253.7 billion. The month’s AUM included net inflows of $4.5 billion, market appreciation of $3.9 billion, and FX depreciation of $3.2 billion.     LAZARD, INC. ASSETS UNDER MANAGEMENT (“AUM”) (unaudited) ($ in millions)             As of:       July 31, June 30,       20251 2025     Equity   $198,773 192,250     Fixed Income   45,980...

BOSTON--(BUSINESS WIRE)--Matt Middleton & Anil Aggarwal acquire ETF.com, set to relaunch it as a platform for events, networking, and content for investors and professionals...

BOSTON--(BUSINESS WIRE)--The 19(a) monthly distribution notices for Putnam Master Intermediate Income Trust (NYSE: PIM) and Putnam Premier Income Trust (NYSE: PPT) are now available. These informational notices provide further details on the sources of the funds’ monthly distributions and follow the most recent distribution announcement. Putnam Master Intermediate Income Trust estimates that $0.0133 per share of Putnam Master Intermediate Income Trust’s dividend is paid from accumulated net inv...

NEW YORK--(BUSINESS WIRE)--Morgan Stanley Investment Management (MSIM) today announced the conversion of Morgan Stanley Mortgage Securities Trust (MTGDX) to Eaton Vance Mortgage Opportunities ETF (NYSE Arca: EVMO). Greg Finck and Andrew Szczurowski, Co-Heads of the Mortgage and Securitized investment team, are the portfolio managers along with Matt Buckley and Brandon Matsui. The introduction of Eaton Vance Mortgage Opportunities ETF brings the total number of ETFs on MSIM’s platform to 18, inc...