Mutual Funds
Stay on top of mutual fund news, including in-depth articles and analysis on stock, bond and balanced funds, as well as target date funds and more.
Eaton Vance Launches Global Macro Absolute Return Advantage Fund
By Joyce HansonEaton Vance Management announced Monday the launch of an absolute return fund, the Eaton Vance Global Macro Absolute Return Advantage Fund (Class A: EGRAX, Class C: EGRCX, Class I: EGRIX).
September 20, 2010
Gabelli Taps Mullady for Closed-End FundsAgnes Mullady was named president and COO of Gabelli's Closed-End Fund Division, it was announced Monday by Gamco Investors, Inc.
September 17, 2010
ETFs to Hit 15% Share of Fund Assets in 2014, FRC SaysETFs should continue to pick up assets at the expense of mutual funds, with a nearly 15% year-over-year growth in 2010, according to the Financial Research Corporation.
September 17, 2010
MFS Adds New 2050 Target Date Mutual Fund to LineMFS has added to its Lifetime target date mutual fund series with a new entry: the MFS Lifetime 2050 Fund (MFFSX).
September 17, 2010
Altegris Advisors Introduces Managed Futures Strategy FundsAltegris Advisors has launched the Altegris Managed Futures Strategy Fund for investors to participate in managed futures with an actively managed mutual fund.
September 14, 2010
August Fund Flows Up to Nearly $17 BillionA bump in fund inflows, reports Morningstar, was led by fixed income in August.
September 14, 2010
Big Boost to Bond Fund Inflows Offsets Drop in Stock Funds: Strategic InsightMutual fund investors added $31 billion in net new cash to U.S. bond mutual funds in August at the same time that domestic equity mutual fund flows fell off by $12.2 billion, Strategic Insight reported.
September 14, 2010
August Fund Flows Up to Nearly $17 Billion, Morningstar ReportsMorningstar on Tuesday said flows into long-term mutual funds increased by more than 11% in August to $16.8 billion, with fixed-income funds receiving the majority of these assets.