Interval Fund
Interval Funds are Having Their Moment March 23, 2017

Interval Funds are Having Their Moment

Interval Funds are Having Their Moment March 21, 2017 | Barron's  Interval funds are proliferating as investors reach for yield, but the products have serious drawbacks, according to Morningstar. PIMCO last month launched an interval fund—PIMCO Flexible Credit Income—and registered to raise $1 billion in assets. In all, there are some 20 interval funds in…
The New CEFs on the Block March 14, 2017

The New CEFs on the Block

The New CEFs on the Block But you can only take your money out step by step. March 9, 2017 | by Cara Esser, CFA and Jason Kephart | Morningstar PIMCO made headlines last month when it launched an interval fund (PIMCO Flexible Credit Income) and registered to raise $1 billion in assets. The last closed-end fund,…
PIMCO Launches the PIMCO Flexible Credit Income Fund February 23, 2017

PIMCO Launches the PIMCO Flexible Credit Income Fund

PIMCO Launches the PIMCO Flexible Credit Income Fund February 22, 2017 09:00 ET | PIMCO Account Management NEWPORT BEACH, Calif., Feb. 22, 2017 (GLOBE NEWSWIRE) -- PIMCO, a leading global investment management firm, has launched the PIMCO Flexible Credit Income Fund, an interval fund that aims to generate attractive risk-adjusted returns and current income by investing…
RiverNorth Provides Access To P2P Loans In New Fund February 2, 2017

RiverNorth Provides Access To P2P Loans In New Fund

RiverNorth Provides Access To P2P Loans In New Fund FEB 1, 2017 @ 06:08 AM | by Julie Cooling | Forbes Allen Webb, Senior Portfolio Specialist at RiverNorth Capital Management talks with Julie Cooling, Founder and CEO at RIA Channel about their new marketplace lending strategy, specifically, RMPLX.  With roughly $30 billion in originations in 2016, peer-to-peer…
Interval Funds and Nontraded Closed-End Funds: Defined and Demystified January 16, 2017

Interval Funds and Nontraded Closed-End Funds: Defined and Demystified

Although still not as widely used in the financial services sector as nontraded REITs, BDCs and mutual funds; interval funds and nontraded closed-end funds are growing quickly. Why are they gaining popularity? Perhaps if we define and differentiate these fund types, we can better understand the answer to that question.
Pathway Energy Infrastructure Fund Declares December 2016 Through February 2017 Distributions December 1, 2016

Pathway Energy Infrastructure Fund Declares December 2016 Through February 2017 Distributions

Pathway Energy Infrastructure Fund Declares December 2016 Through February 2017 Distributions NEW YORK, Nov. 28, 2016 /PRNewswire/ -- Pathway Energy Infrastructure Fund, Inc. ("Pathway" or the "Fund") announced today a series of distributions with weekly record dates and payable monthly to the stockholders of record as of the close of business each week from December 2, 2016…
Priority Income Fund Declares Bonus Distributions November 29, 2016

Priority Income Fund Declares Bonus Distributions

Priority Income Fund Declares Bonus Distributions NEW YORK, Nov. 28, 2016 /PRNewswire/ -- Priority Income Fund, Inc., announced today that its board of directors has declared a bonus distribution of $0.09696 per share of common stock. The bonus distribution is payable on or around January 3, 2017, to stockholders of record at the close of…
Priority Income Fund Declares Distributions for December 2016 Through February 2017 November 29, 2016

Priority Income Fund Declares Distributions for December 2016 Through February 2017

Priority Income Fund Declares Distributions for December 2016 Through February 2017 NEW YORK, Nov. 28, 2016 /PRNewswire/ -- Priority Income Fund, Inc. ("Priority" or the "Fund") announced today a series of distributions with weekly record dates and payable monthly to the stockholders of record as of the close of business each week from December 2, 2016 through February…
Steadfast to Launch $3 Billion Closed-end Fund November 22, 2016

Steadfast to Launch $3 Billion Closed-end Fund

Steadfast to Launch $3 Billion Closed-end Fund November 21, 2016 | DI Wire Steadfast is launching a $3 billion closed-end investment fund called Steadfast Alcentra Global Credit Fund, according to preliminary documents filed with the Securities and Exchange Commission. The fund, which plans to offer 300 million shares, intends to invest in lower middle-market and…

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