On Nov. 4, Morningstar launched new categories for open-end and closed-end mutual funds and exchange-traded funds. The preferred stock category includes funds with a majority of assets invested in preferred stock over a three-year …
There is a one-time public offering and once issued, shares of closed-end funds are bought and sold in the open market through a stock exchange. Shares of closed-end funds frequently trade at a discount to the net asset value. The price …
Closed-end funds raise a fixed amount of money from shareholders in a public offering, unlike mutual funds, which continually sell and redeem shares. The funds are traded on stock exchanges and can trade at premiums or discounts …
SHANGHAI (Reuters) - China’s $13 billion (6.6 billion pound) closed-end funds could outperform the stock market this year, as they trade at huge discounts, offer big dividends and will benefit from government reforms. Barring a major stock …
Morningstar, Inc. (NASDAQ:MORN), a leading provider of independent investment research, has launched three Morningstar® Ultimate Stock-Pickers Indexes, including the Ultimate Stock-Pickers, Ultimate Stock-Pickers Target …
MILWAUKEE--(BUSINESS WIRE)--Artisan Partners is pleased to announce that Morningstar has named David Samra …
Morningstar tried to put it delicately and hedged enough to say things could change, improving the companies' fortunes, but in the end there was no polite way out: "If we think a stock is worthless, there's no point in saying otherwise," the …
67 WALL STREET, New York - November 3, 2011 - The Wall Street Transcript has just published its Health Care IT …
The market may be down and volatile, but there are still opportunities for those seeking value across all sectors, including financials, a panel of senior equity analysts from Morningstar Inc. said Wednesday at the Chicago-based research …
The ETF has been renamed the PowerShares Morningstar StockInvestor Core Portfolio(2) to reflect the benchmark change, and trades on the New York Stock Exchange under the symbol “PYH.” “The new StockInvestor Core Index harnesses …