|Last Price$7.30||Day Change (%)-0.14%|
|Open Price$7.30||Day Change ($)-0.01|
|Day Range7.30–7.30||52-Week Range7.00–7.36|
As of Sat 07/26/2014 11:40 AM EST | USD
These intermediate-term offerings have consistently outperformed the Barclays Index, in some cases by taking a different approach.
Artisan to close Artisan Small Cap to new investors, Putnam fixed-income manager Daniel Choquette departs, and Praxis adds comanagers to its allocation and index funds. Also, Mario Gabelli makes a very large gift to his alma mater.
Putnam bond manager joins Standish, and Cohen & Steers adds a manager.
Plus, Schwab changes up target-date series.
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.
Mortgage derivatives are back. The question is whether they are better.