The Stork delivered a couple of new funds today.
Congress Asset Management Company [
profile] filed for its
All Cap Opportunity Fund and
Mid Cap Growth Fund. The All Cap Opportunity Fund will be managed by
Daniel Lagan and
Peter Andersen. The Mid Cap Growth Fund will be managed by Lagan and
Todd Solomon. [
SEC Filing]
It looks like the Reaper took the day off for no funds were closed.
Other funds are being reorganized.
Massachusetts Fund Services [
profile] will be reorganizing the
Mid Cap Growth Portfolio into the
Mid Cap Growth Series. It is scheduled to occur on August 17, 2012. [
SEC Filing]
Virtus Investment Partners [
profile]
filed to fold its
Value Equity Fund into its
Quality Large-Cap Value Fund. As of August 9, 2012, the Value Equity Fund has $42 million in AUM and has been
rated four stars by Morningstar. They also
filed to fold its
Core Equity Fund into its
Growth & Income Fund. As of August 9, 2012, the Core Equity Fund has $40.4 million in AUM, according to
data on Morningstar. These reorganizations are expected to be completed on October 5, 2012, if the plan is approved by the shareholders.
State Street Global Advisors [
profile] added a new PM,
Charles Moon, to its
High Yield Bond Fund. The fund has a four star rating from
Morningstar, as well as $113.4 million in AUM. [
SEC Filing]
Calvert Investments [
profile] has appointed
Vishal Khanduja to help manage the
Ultra-Short Income Fund and the
Government Fund. [
SEC Filing]
Kyle Pankratz from
Integrity Funds resigned as co-PM from the
Dividend Harvest Fund. The fund will continue to be managed by
Shannon Radke,
Josh Larson and
Michael Morey. [
SEC Filing]
 
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