Mutual Fund News

PLYMOUTH, Mich.--(BUSINESS WIRE)--Ave Maria Mutual Funds, the largest family of pro-life Catholic‑oriented mutual funds in the United States, proudly celebrates its 25th anniversary as a leader in morally responsible investing. Founded with its first fund in 2001, Ave Maria Mutual Funds has grown into a nationally recognized investment family dedicated to helping investors align their financial goals with the core moral teachings of the Catholic Church. Over the past quarter‑century, the fund f...

NEW YORK--(BUSINESS WIRE)--Morgan Stanley Investment Management (MSIM) today announced the launch of the Stablecoin Reserves Portfolio (MSNXX), part of the Morgan Stanley Institutional Liquidity Funds trust. The Stablecoin Reserves Portfolio is a new government money market fund designed to align with the stablecoin reserves investment requirements of the Guiding and Establishing National Innovation for U.S. Stablecoins Act (GENIUS Act). The Fund offers payment stablecoin issuers an eligible mo...

BOSTON--(BUSINESS WIRE)--Clough Capital Partners L.P. (“Clough Capital”), a boutique asset manager with more than 26 years of investment experience, today announced that its actively managed ETF platform has surpassed $100 million in assets under management (AUM). This milestone reflects steady growth across Clough Capital’s ETF lineup, including the Clough Select Equity ETF (NYSE Arca: CBSE) and the Clough Hedged Equity ETF (NYSE Arca: CBLS), as investors increasingly turn to actively managed...

NEW YORK--(BUSINESS WIRE)--DWS, a leading European asset manager with global reach, today announced fee reductions on more than $3 billion of mutual fund assets. DWS has lowered expense ratios for five funds across the firm’s Americas Fixed Income and Alternatives platforms, which could potentially save investors more than $2 million in fees annually over time. 1 The fee reductions are effective as of April 21. The Fixed Income and Alternatives platforms are core competencies for DWS Americas....

CINCINNATI--(BUSINESS WIRE)--The Touchstone Ares Credit Opportunities Fund (TARBX) and Touchstone Non-US Equity Fund (TROCX) each received a 2026 LSEG Lipper award....

BOSTON--(BUSINESS WIRE)--Pioneer Municipal High Income Opportunities Fund, Inc. and Pioneer Floating Rate Fund, Inc. Announce Final Liquidating Distributions...

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 second quarter of 2026, as detailed below. Ex Date Record Date Payable Date May 1, 2026 May 1, 2026 May 15, 2026 Fund Name Preferred Stock Series NYSE Distribution Per Share RiverNorth Opportunities Fund, Inc. 6.000% Series A Perpetual Preferred Stock RIVPRA $0.37500 RiverNorth/DoubleLin...

WESTLAKE, Texas--(BUSINESS WIRE)--Schwab’s strong business momentum continued into 2026 as investors brought $140 billion of core net new assets to the firm during the first quarter....

BOSTON--(BUSINESS WIRE)--MFS Municipal Closed-End Funds Announce Completion of Special Shareholder Meetings. Shareholders approved all proposals....

TORONTO--(BUSINESS WIRE)--CI Global Asset Management launches new versions of one of Canada’s top international equity ETFs: CI Morningstar International Value Index ETF (VXM)....