Author: The Elite Times Team
[ad_1] Municipal stocks were flat to weak on Thursday ahead of a small new issuance calendar while inflows into municipal bond mutual funds increased. U.S. Treasury yields rose for the first time in a decade, and stock markets ended mixed.LSEG Lipper reported $447 million in inflows for the week ending Wednesday, following $63.8 million in inflows the previous week. Flows into high-yield municipal bond funds were $246 million, compared to $180.4 million last week, marking the sector’s 12th consecutive week of positive inflows.Mr. Muniz suffered losses throughout this week. The front end gets hit the hardest..Barclays strategists said in their…
[ad_1] As filed with the Securities and Exchange Commission on March 28, 2024 1933 Act Registration No. 033-02659 1940 Act Registration No. 811-04556 UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM N-1A REGISTRATION STATEMENT UNDER THE SECURITIES ACT OF 1933 ☑ Pre-Effective Amendment No. ☐ Post-Effective Amendment No. 317 ☑ and/or REGISTRATION STATEMENT UNDER THE INVESTMENT COMPANY ACT OF 1940 ☑ Amendment No. 318 (Check appropriate box or boxes.) TRANSAMERICA FUNDS (Exact Name of Registrant as Specified in Charter) 1801 California St., Suite 5200, Denver, Colorado 80202 (Address of Principal Executive Offices) (Zip Code) Registrants Telephone Number,…
[ad_1] The real-world asset protocol also introduces instant subscription and redemption for OUSG tokenized funds.Ondo Finance, a real world asset (RWA) protocol with a total value lock (TVL) of $220 million, has acquired the majority of the assets of the tokenized US Treasury fund OUSG, which was recently launched by BlackRock. The plan is to reallocate it to the USD Institutional Digital Liquidity Fund (BUIDL).Its flagship fund, the OUSG Fund, has $88 million in assets and provides liquidity exposure to short-term U.S. Treasury securities. According to the project, BlackRock’s adoption of securities tokenization validates ONDO Finance’s original concept of a…
[ad_1] Through a partnership with the Otto Bremer Trust (OBT) and its Community Response Fund, the Initiative Foundation will award $750,000 in grants to organizations that directly respond to central Minnesota’s pressing challenges and opportunities.Grants ranging from $10,000 to $75,000 will support the four pillars of the Otto Bremer Trust’s founding mission: basic needs, building community assets. health and well-being. Restorative and responsive service. The organization must be located and serve 14 counties and two Native American tribes in Central Minnesota. The grant cycle begins March 25th and ends May 1st. For more information, please visit ifound.org.“The Otto Bremer Trust…
[ad_1] Since interest rates have risen over the past two years, money market funds have become more attractive to investors. Money market funds, which invest in short-term, safe securities, are mutual funds that closely track the Federal Reserve’s benchmark interest rate. Interest rates are at the highest levels in more than 20 years, with some money market funds yielding about 5%. Before you invest, let’s break down what you need to know to decide if investing is right for you. sponsor partner interactive broker Minimum amount required to open an account $0 Available services …
[ad_1] Image credits: Nuttaut Somsuuk/Getty ImagesKleiner Perkins investors Wen Hsieh and Haomiao Huang left the company in 2023 to form their own venture capital fund called Matter Venture Partners. The company was backed by Kleiner and Taiwanese chipmaker TSMC. Shay is a long-time KPer, having been with KPer for 17 years. Mr. Huang had stayed there for four years. Passionate about what they called “hard technology,” Hsieh invested in companies such as LuxVue, a microscreen technology company acquired by Apple, and Amprius, which makes high-energy-density lithium-ion batteries. Huang led investments in drone maker DJI and 3D printing company Desktop Metal,…
[ad_1] NEW YORK — Fees for mutual funds and exchange-traded funds continue to fall in a virtuous cycle that only helps investors.Last year, equity mutual fund investors paid an average of 42 cents in fees for every $100 invested. This is down from 44 cents a year ago and $1.04 in 1996. Fees are even lower for equity ETF investors, with investors paying an average of 15 cents per $100 in fees last year, according to the Investment Companies Association.When a fund collects fees for providing payments or other services to fund managers, investors never see the bill. Cash is…
[ad_1] It’s never too late to invest in mutual funds for your retirement. So if you’re looking to invest in the best funds, the Zacks Mutual Fund Rank can provide valuable guidance.How can you tell the difference between a good mutual fund and a bad mutual fund? This is very basic. If a fund is diversified, has low fees, and performs well, it’s a keeper. The range is wide, of course, but we used the Zacks Mutual Fund Rank to find his three best mutual funds to add to a long-term retirement investor’s portfolio.Learn about some of the lowest-fee, Zacks-ranked…
[ad_1] As Washington, D.C., awaits the release of the mayor’s budget, some parents and child care advocates are concerned about what will become of the first-ever fund that pays stipends to teachers, caregivers, and other adults who work with infants and young children. There is.The Early Childhood Educator Pay Equity Fund has paid more than $80 million to 4,000 public school teachers to maintain pay levels, according to the Washington, D.C., state superintendent. Supporters say it would also support health benefits for workers.But with budgets tight due to factors such as flat revenue and the expiration of temporary pandemic aid,…
[ad_1] Israeli media reported on Thursday that Defense Minister Yoav Gallant and Finance Minister Bezalele Smotrich announced the creation of a fund to provide financial support to the families of professional military personnel who served in Operation Iron Sword and are in need of assistance due to economic hardship caused by Israel. It was reported that the company promoted new initiatives for its establishment. war.A career soldier is a soldier who has contracted for an additional period of service, including officers.The fund is designed to strengthen the resilience of military families and help them cope with multiple war-related scenarios,…