Dreman announces it will liquidate five of its six open-end funds, and Mark Venezia set to retire from Eaton Vance.
Hugging the benchmark tends to be less common in the small-cap arena, as these funds demonstrate.
After a brutal 2008 in which shareholders dumped funds en masse, inflows predominated in 2009.
Closures follow the shuttering of a number of other small-cap funds in recent weeks and coincide with more than two years of strong performance.
Plus, Oppenheimer mandate changes, and more.
Plus, Putnam launches leveraged funds, and more.
Plus, changes at Oppenheimer, Fidelity, and more.