|
Lessons from recent events in the mutual fund debt market (The Hindu) Mutual Funds had to borrow huge sums of money due to overwhelming volumes of redemptions us.rd.yahoo.com
Closed-End Bond Funds: a Rare Opportunity (Barron's Online via Yahoo! Finance) Some savvy bond investors also are looking for the best values on the NYSE , in the form of cheap closed-end bond funds. While prices of corporate and mortgage securities have been hammered, prices of closed-ends have been beaten down even more, so they sell for 80 or even 70 cents on the dollar. us.rd.yahoo.com
OLA Declares Quarterly Dividend (Business Wire via Yahoo! Finance) LISLE, Ill.---- Old Mutual/Claymore Long-Short Fund, a closed-end management investment company, has declared its quarterly dividend of $0.40 per share, representing a distribution rate of 20.46% based upon the closing market price of $7.82 on November 28, 2008. us.rd.yahoo.com
Miller & Milove Files Class Action Suit Involving TD Ameritrade and the Reserve Yield Plus Funds (PRWeb via Yahoo! News) The Law firm of Miller & Milove announced that a class action has been commenced in the United States District Court for the Southern District of New York on behalf of purchasers or entities who purchased or held the shares of certain mutual funds offered by the Reserve Short-Term Investment Trust, including the Reserve Yield Plus Fund us.rd.yahoo.com
MFS Announces Closed-End Fund Distributions (Business Wire via Yahoo! Finance) BOSTON----MFS Investment Management® announced today monthly distributions of the following closed-end funds, all with declaration dates of December 1, 2008, ex-dividend dates of December 10, 2008, record dates of December 12, 2008, and payable dates of December 31, 2008: Fund Income/Share Short TermGains/Share Long TermGains/Share Other Sources/Share1 Total Amount/Share MFS® CaliforniaInsured ... us.rd.yahoo.com
Updated Information Regarding Auction Preferred Securities Market Available on MFS Investment Managements Web Site (Business Wire via Yahoo! Finance) BOSTON----MFS Investment Management® today announced the availability of information on the results of the weekly auctions for the week ending November 28, 2008, that determine the dividend rate payable on the auction rate preferred shares issued by the closed-end funds identified below. us.rd.yahoo.com
Coughlin Stoia Geller Rudman & Robbins LLP Files Class Action Suit Involving Certain Mutual Funds Offered by the ... (Business Wire via Yahoo! Finance) SAN DIEGO----Coughlin Stoia Geller Rudman & Robbins LLP today announced that a class action has been commenced in the United States District Court for the Southern District of New York on behalf of purchasers or entities who purchased or held the shares of certain mutual funds offered by the Reserve Short-Term Investment Trust, including the Reserve Yield Plus Fund during the period from July ... us.rd.yahoo.com
MFS Releases Closed-End Fund Income Distribution Sources for Certain Funds (Business Wire via Yahoo! Finance) BOSTON----MFS Investment Management® released today the distribution income sources for three of its closed-end funds for November 2008: MFS® Intermediate Income Trust , MFS® Government Markets Income Trust and MFS® Special Value Trust . us.rd.yahoo.com
John Hancock Patriot Premium Dividend Fund II Declares Increased Monthly Distributions and Capital Gain Distributions (PR Newswire via Yahoo! Finance) John Hancock Patriot Premium Dividend Fund II announced today that the Fund will increase its monthly distribution to $0.055 per share up from $0.048 per share effective with the Fund's next distribution payment on December 31, 2008. us.rd.yahoo.com
Reserve Primary Broke the Buck Earlier Than Announced (Update3) (Bloomberg) Nov. 26 (Bloomberg) -- Reserve Management Corp. miscalculated the value of its Reserve Primary Fund in the hours before it seized up, leaving fewer investors eligible to get all their cash back. us.rd.yahoo.com
|