A short list of high-quality funds with market-beating dividend yields.
These actively managed offerings are led by experienced managers and have beaten their benchmarks during the past decade.
Morgan Stanley to close a Silver-rated global stock fund to new investors and T. Rowe Price bans some 1,300 employees of American Airlines from trading T. Rowe funds in the airline's employee-sponsored retirement plan.
Dick Dahlberg set to retire from Columbia Dividend Income, Aston/Fairpointe Mid Cap to undergo a "soft close," and Lord Abbett Small Cap Value announces that it will reopen with new managers.
Investors have been pulling money out of the large- and mid-growth categories, which may mean it's a good time to consider these quality funds.
Plus, Perkins tries its hand at a global all-cap strategy and more.
Federated to make changes to its equity fund lineup, and Eaton Vance Atlanta Capital SMID-Cap to close to new investors.
Blackstone drafts an alternative open-end fund, and eight former Regions Morgan Keegan mutual fund directors are charged by the SEC for failing to comply with federal securities law.
DWS announced that it is dropping the name of subadvisor Dreman from three mutual funds, while Vanguard removed Hansberger from a team of subadvisors running Vanguard International Value.
As part of Aberdeen's acquisition of Artio, some international fund managers to depart. Also, a management change on a T. Rowe Price health-care fund, Columbia hires Putnam's former asset-allocation head, and ClearBridge and Legg Mason Capital Management funds to merge.