Mutual Fund News

LOS ANGELES--(BUSINESS WIRE)--The TCW Group, a leading global investment firm, announced today that the TCW Strategic Income Fund, Inc. (NYSE: TSI) has declared a monthly distribution of $0.0217 per share payable on February 27, 2026, to shareholders of record on February 12, 2026. Effective January 2026, and as previously announced, the Fund now pays distributions on a monthly basis instead of quarterly. As a result, distributions are based on the Fund’s accumulated net investment income and/o...

BOSTON--(BUSINESS WIRE)--MFS announces closed end fund monthly distributions for nine funds for February 2026...

BOSTON--(BUSINESS WIRE)--Each of Pioneer Diversified High Income Fund, Inc. and Pioneer High Income Fund, Inc. announced today that the fund plans a second liquidating distribution on January 30, 2026. Each fund’s second liquidating distribution is anticipated to be paid in cash on January 30, 2026. Below is the expected distribution to be paid for each fund. All amounts are expressed per common share. Fund     Liquidating Distribution   Tax-Exempt Income Distribution Taxable Ordinary Income Di...

WEST PALM BEACH, Fla.--(BUSINESS WIRE)--RiverNorth Opportunities Fund, Inc. and RiverNorth/DoubleLine Strategic Opportunity Fund, Inc. are each pleased to announce the declaration of preferred dividends for the first quarter of 2026, as detailed below. Ex Date Record Date Payable Date February 2, 2026 February 2, 2026 February 13, 2026 Fund Name Preferred Stock Series NYSE Distribution Per Share RiverNorth Opportunities Fund, Inc. 6.000% Series A Perpetual Preferred Stock RIVPRA $0.37500 RiverN...

LOS ANGELES--(BUSINESS WIRE)--FPA Queens Road Small Cap Value Fund (QRSIX/QRSAX/QRSVX) names Ben Mellman Co-Portfolio Manager alongside founding Portfolio Manager Steve Scruggs....

OMAHA, Neb.--(BUSINESS WIRE)--Weitz Investment Management, Inc. (“Weitz”) today announced that the Weitz Core Plus Bond ETF (WCPB) has surpassed $100 million in assets under management, a notable milestone for actively managed exchange-traded funds. Since launching on August 12, 2025, assets have continued to grow and now stand at nearly $140 million, reflecting steady advisor adoption and engagement. The Core Plus Bond ETF extends Weitz’s established fixed income platform into the ETF structur...

BOSTON--(BUSINESS WIRE)--As 2026 unfolds, portfolio managers and strategists across the Natixis Investment Managers complex see an investment landscape defined by normalization, resilience, and select opportunities. The outlook is anything but dull. From technological innovation and global divergence to liquidity and consolidation, the consensus is clear. Investors face a world where discipline, diversification, and selectivity are paramount. The main message for 2026: volatility may ebb, but o...

WASHINGTON--(BUSINESS WIRE)--FINRA has ordered American Portfolios Financial Services, Inc. (APFS) to pay $4.6 million in restitution to customers impacted by the firm’s inaccurate representation of how it calculated its fees and its retention of undisclosed, surplus interest. The fees and surplus interest were earned from customers’ funds in the firm’s bank deposit program between April 2018 and September 2022. The firm was also fined $550,000 for the violations. Bank deposit programs allow br...

EL SEGUNDO, Calif.--(BUSINESS WIRE)--Huber Capital Management, LLC today announced that the Huber Select Large Cap Value Fund, Institutional Class, (HULEX), has acquired the assets of the Coho Relative Value Fund (COHOX). “We’re excited to welcome the Coho Relative Value Fund shareholders to our family and look forward to seeking to help them pursue their long-term investment goals within our established platform,” said Joe Huber, CEO of Huber Capital Management. “This acquisition reflects our...

TORONTO--(BUSINESS WIRE)--Russell Investments Canada Limited (“Russell Investments Canada”) today announced cash distributions for the ETF Series of certain mutual funds (“ETF Series”) for the month of December. Unitholders of record of the ETF Series, as of the Record Date, will receive a per-unit cash distribution payable on the Payment Date. Details of the per-unit cash distribution amount are as follows: Fund Name Ticker Symbol Cash Distribution per Unit ($) CUSIP ISIN Record Date Payment D...