Institutional Liquidity Funds has designated
the Money Market Portfolio
, the Prime Portfolio
and the Tax-Exempt Portfolio
as "institutional money market funds" starting on Oct. 7.
The Vanguard Dividend Growth Fund
to new investors, with a few exceptions, and there is no time set for the fund to reopen.
Liquidity funds (TempFund
) and three funds in BlackRock Funds III (BlackRock Cash Funds: Institutional
and BlackRock Cash Funds: Prime
) will be designated
as the Institutional Money Market Funds on or around Oct. 11.
The "Oppenheimer Cash Reserves
," "Oppenheimer Institutional Money Market Fund
" and "Oppenheimer Money Market Fund
" will be changed
to "Oppenheimer Government Cash Reserves
," "Oppenheimer Institutional Government Money Market Fund
" and "Oppenheimer Government Money Market Fund
," respectively, on Sept. 28.
Management, Subadvisor and PM updates
John P. McCarthy
is a senior PM for the Delaware
VIP Diversified Income Series, the Delaware Limited-Term Diversified Income Fund
and the Delaware Diversified Income Fund
as of this July.
Wayne A. Anglace
is a vice president and senior PM of the Delaware Corporate Bond as of
The Delaware Emerging Markets Debt Fund gained
three new PMs this July: Mansur Z. Rasul
; Chungwei Hsia
and Sean H. Simmons
The Federated Capital Income Fund
will will change
their investment strategy on Aug. 31. The fund's newly-updated Blender Index benchmark will be composed of 40 percent Rusell 1000® Value Index instead of 40 percent Dow Jones U.S. Select Dividend Index.
The Global Unconstrained Bond Portfolio
its investment strategies to "expand the Portfolio's ability to invest in commodity-linked investments." The portfolio will invest in Janus Aspen Global Unconstrained Bond Subsidiary, Ltd
starting Oct. 5.
The Janus Global Unconstrained Bond Fund
's investment strategies will expand
. On Oct. 5, the fund will be able to invest in Janus Global Unconstrained Bond Subsidiary, Ltd
for more exposure to commodity-linked investments.
The High Yield Portfolio
, a series of AB
Pooling Portfolios ("the accounting survivor"), was acquired
by the AB High Yield Portfolio
in a reorganization.
The Lazard Funds, Inc
's board of directors approved the liquidation
of the Lazard US Mid Cap Equity Portfolio
. The liquidation process will begin immediately and the assets will be distributed to shareholders around Aug. 31.
Check back as we keep an eye on people moves in the future. For the latest new hires and fund launches, explore our People on the Move and New Fund Fuss columns. If you have a fund filing that you would like to point out, or a mutual fund launch, product change or new hire that you would like to announce, please contact the MFWire team at email@example.com.
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