Fidelity PM Charles Myers is expected to return this quarter from a leave of absence. Myers was PM of: the Fidelity Small Cap Discovery Fund and the Fidelity Series Small Cap Discovery Fund.
Charles "Chuck" Myers Fidelity Portfolio Manager
*Photo Courtesy of Charlie Mahoney*
Corsan Maleyjoined the PM team for the Nationwide Bond Fund, and Chad Finefrock joined the the PM team for the Nationwide Government Bond Fund and the Nationwide Inflation-Protected Securities Fund.
Research analyst John Sheehyjoined the PM teams for: the Fidelity Advisor Series Stock Selector Large Value Fund, the Fidelity Series Stock Selector Large Cap Fund, the Fidelity Series Stock Selector Large Cap Value Fund, the Fidelity Mid Cap Value Fund, and the Fidelity Stock Selector Large Cap Value Fund.
On July 27, the AB High-Yield Portfolio, a series of the AB Pooling Portolios, merged into a fund with the same name but in a different series, the AB Bond Fund.
First Trust is seeking fund shareholder approval to merge a closed-end fund, the First Trust Dividend Income Fund, into an ETF, the First Trust High Income ETF.
Cupps Capital Management and ALPSplan to liquidate the Cupps All Cap Growth Fund and the Cupps Mid Cap Growth Fund on August 31.
Croft Funds Corporationplans to liquidate the Croft Focus Fund on August 31.
Wells Fargoplans to merge the Wells Fargo Municipal Money Market Fund into the Wells Fargo National Tax-Free Money Market Fund and is seeking fund shareholder approval.
***
Closing
On September 30, Mairs & Power will close the Mairs & Power Small Cap Fund to most new investors.
Hartford will increase the contractual management fee waiver on the Hartford Balanced HLS Fund on January 1, 2017.
***
***
Check our last Filings For Fundsters column (previously called Stork and Reaper) for more SEC filing updates. For the latest new hires and fund launches, explore our People on the Move and New Fund Fuss columns. If you have a fund filing, a mutual fund launch, a product change or a new hire that you would like to announce, please contact the MFWire team at editors@investmentwires.com.