The MFWire
Manage Email Alerts | Sponsorships | About MFWire | Who We Are

Subscribe to MFWire.com's News Alerts [click]

Rating:A Van Kampen Fund is Headed for Liquidation Not Rated 0.0 Email Routing List Email & Route  Print Print
Friday, June 13, 2008

A Van Kampen Fund is Headed for Liquidation

by: Armie Margaret Lee

The Van Kampen Disciplined Small Cap Value Fund is on a path to liquidation. The board of trustees on June 5 approved a liquidation plan for the fund. Shareholders will vote on the fate of the fund on August 19.

"The Board of Trustees (the "Board") has reviewed the investment policies and practices, performance, expenses and reduced net assets of the Van Kampen Disciplined Small Cap Value Fund," according to an SEC filing.

The board explored other options such as a possible merger, but decided on the liquidation route.

"After due consideration of a number of factors, the Board determined that it would be in the best interest of the shareholders to terminate and liquidate the Fund," according to the filing.

According to Morningstar, the fund has $5 million in assets and in the last year, recorded a 17 percent loss and lagged behind 70 percent of its peers.  

Stay ahead of the news ... Sign up for our email alerts now

 Do You Recommend This Story?

Return to Top
 News Archives
2024: Q3Q2Q1
2023: Q4Q3Q2Q1
2022: Q4Q3Q2Q1
2021: Q4Q3Q2Q1
2020: Q4Q3Q2Q1
2019: Q4Q3Q2Q1
2018: Q4Q3Q2Q1
2017: Q4Q3Q2Q1
2016: Q4Q3Q2Q1
2015: Q4Q3Q2Q1
2014: Q4Q3Q2Q1
2013: Q4Q3Q2Q1
2012: Q4Q3Q2Q1
2011: Q4Q3Q2Q1
2010: Q4Q3Q2Q1
2009: Q4Q3Q2Q1
2008: Q4Q3Q2Q1
2007: Q4Q3Q2Q1
2006: Q4Q3Q2Q1
2005: Q4Q3Q2Q1
2004: Q4Q3Q2Q1
2003: Q4Q3Q2Q1
2002: Q4Q3Q2Q1
 Subscribe via RSS:
Add to My Yahoo!
follow us in feedly

©All rights reserved to InvestmentWires, Inc. 1997-2024
14 Wall Street | 20th Floor | New York, NY 10005 | P: 212-331-8968 | F: 212-331-8998
Privacy Policy :: Terms of Use