TORONTO, July 24, 2025 (GLOBE NEWSWIRE) -- (TSX: BAAA, BAAA.U) Brompton Wellington Square AAA CLO ETF announces distributions payable on August 15, 2025 to unitholders of record at the close of business on July 31, 2025 as follows: TickerAmount Per UnitBAAA Cdn$0.08960BAAA.U US$0.08950 About Brompton FundsFounded in 2000, Brompton is an experienced investment fund manager with income and growth focused investment solutions including TSX traded closed-end funds and exchange-traded funds. For further informa ...

In today's article, we will analyse the Schwab 5-10 Year Corporate Bond (NYSEARCA: SCHI ) investment vehicle in the exchange-traded fund (ETF) category, managed by the investment firm Charles Schwab. This vehicle seeks to passively replicate the Bloomberg US 5-10 Year CorporateAnalyst’s Disclosure:I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my o ...

Stocks climbed on July 23, 2023, fueled by optimism that the United States would secure more trade agreements ahead of an approaching tariff deadline. The market was energized by news of recent and upcoming deals, helping push key indexes toward new highs. The Dow Jones Industrial Average rose by 507.85 points (1.14%) to close at 45,010.29, narrowly missing a record by just four points. The S&P 500 gained 0.78% to finish at a record high of 6,358.91, marking its 12th all-time closing high this year and sett ...

Cryptocurrencies used to be a fringe market traded on specific exchanges that occasionally blew up . Nowadays, crypto is an established asset class that has permeated the traditional investment ecosystem, and retail investors have access to crypto via exchange-traded funds. Not only canWith an investment banking cash and derivatives trading background, Binary Tree Analytics ('BTA') aims to provide transparency and analytics in respect to capital markets instruments and trades. BTA focuses on CEFs, ETFs and ...

Invesco (IVZ) Q2 2025 Earnings Call July 22, 2025 09:00 AM ET Speaker0Thank you for standing by and welcome to Invesco's Second Quarter Earnings Conference Call. All participants will be in a listen only mode until the question and answer session. This call will last one hour. To allow more participants to ask questions, one question and a follow-up can be submitted per participant. As a reminder, today's call is being recorded.Now I'd to turn the call over to Greg Ketron, Invesco's Head of Investor Relatio ...

Shares of Block Inc. (XYZ) jumped over 8.5% in extended trading on July 18, 2025, following news that the fintech company will join the S&P 500 index, replacing Hess. The addition becomes effective before the opening bell on July 23, according to a statement from S&P Dow Jones Indices.Recent Changes to the S&P 500This marks the second alteration to the benchmark index last week. Earlier, ad-tech firm The Trade Desk was added to the S&P 500, taking the place of software company Ansys. The latter was acquired ...

Group 1: Tariff Announcement and Strategy - President Trump announced letters to over 150 countries regarding potential tariff rates of 10% or 15% as part of his trade agenda [1] - New duties are set to take effect on August 1 if countries do not negotiate better terms, with the deadline extended from July 9 to allow more time for responses [2] Group 2: Impact on Smaller Nations and Asia - The proposed tariff rates may be viewed positively by smaller countries, especially in Asia, as they are lower than previous threats, indicating a potential shift in the Trump administration's approach [3] Group 3: Outlook for Canada and the EU - Trump expressed indifference towards a deal with Europe and indicated uncertainty regarding the outcome for Canada, which faces a 35% tariff on certain goods starting in August [4] Group 4: Investment Opportunities in ETFs - The current tariff situation may benefit high-growth exchange-traded funds (ETFs), with a focus on low P/E growth ETFs that remain attractively valued [5] - Invesco QQQ Trust has a P/E ratio of 39.98X, while other highlighted ETFs include Invesco S&P 500 Pure Growth ETF (25.99X), Vanguard U.S. Momentum Factor ETF (24.4X), First Trust Mid Cap Growth AlphaDEX Fund (25.48X), and Invesco S&P MidCap 400 Pure Growth ETF (20.06X) [6][7][8][9]

Core Insights - RBC iShares has launched two new iShares ETFs, expanding its Core ETF lineup to provide investors with more options for diversified investment [1][6] - The iShares Core S&P Total U.S. Stock Market Index ETF (XTOT) offers broad exposure to the entire U.S. equity market, including large-, mid-, small-, and micro-cap companies [2][3] - The iShares Core Canadian Short-Mid Term Universe Bond Index ETF (XSMB) provides access to a diversified range of Canadian bonds with maturities between 1 and 10 years [4][5] Fund Details - XTOT has an annual management fee of 0.07%, while XSMB has a management fee of 0.15% [7] - Both ETFs are expected to begin trading on the Toronto Stock Exchange (TSX) [6] - The launch aims to help Canadian investors build efficient portfolios and achieve their investment objectives [7] Company Background - BlackRock Canada manages the iShares Funds, which are part of a larger suite of over 1,500 ETFs with approximately US$4.3 trillion in assets under management as of March 31, 2025 [10] - RBC Global Asset Management, a division of Royal Bank of Canada, provides investment management services and solutions across various investment vehicles [13]

Core Viewpoint - Middlefield Canadian Income PCC and its Fund plan to propose a transaction allowing shareholders to exchange their shares for those in a newly established UCITS ETF, aimed at enhancing liquidity and addressing the discount to NAV [5][9][17] Group 1: Transaction Details - The proposed transaction involves the voluntary winding up of the Company and the Fund, with shareholders given the option to receive shares in the new ETF or cash close to the Company's NAV per share [5][6] - The ETF will be actively managed by Middlefield Limited and will maintain the existing investment objective focused on high-quality Canadian and US large-cap companies [5][10][14] - Shareholders can choose to retain their investment through the ETF, opt for a cash exit, or a combination of both [6][18] Group 2: Shareholder Engagement - The Company received a requisition notice from Saba Capital Management proposing a scheme for shareholders to transition to a UK-listed investment vehicle, which led to discussions and the temporary withdrawal of the requisition [7][8] - The Board consulted with major shareholders, including Saba, to formulate proposals that would best serve shareholder interests [8][9] Group 3: ETF Structure and Benefits - The ETF is expected to have a lower total expense ratio (TER) than the current Company TER, targeted to be below 1%, and will trade close to its NAV due to its structure [11][14] - The ETF aims to provide quarterly distributions similar to current dividends and may utilize financial derivative instruments to support its dividend policy [14][15] - Middlefield has a successful track record of rolling closed-end funds into ETFs, with several of its funds ranked among the top-performing Canadian ETFs [12] Group 4: Timeline and Future Steps - The establishment of the ETF and the circular relating to the transaction are expected to be sent to shareholders by August 2025, pending regulatory and tax approvals [16]

Core Insights - The Coca-Cola Company reported first-quarter 2025 results with revenues of $11.13 billion, a 2% decline year over year, but earnings per share (EPS) improved to 73 cents, up 1% from the previous year [1][3] - Organic revenues increased by 6% year over year, driven by growth across all segments, and the results exceeded the Zacks Consensus Estimate for both revenues and EPS [1][3] - The company maintained its full-year guidance for 2025, expecting organic revenue growth of 5% to 6% and comparable EPS growth of 2% to 3% [3] Revenue and Earnings Performance - Coca-Cola's revenues of $11.13 billion slightly surpassed the Zacks Consensus Estimate of $11.12 billion despite a 2% year-over-year decline [1] - Comparable EPS of 73 cents beat the Zacks Consensus Estimate of 71 cents, with currency-neutral earnings per share rising 6% year over year [3] - Unfavorable currency translations negatively impacted comparable EPS by 5 percentage points [3] Business Strategy and Market Conditions - The results reflect the strength of Coca-Cola's resilient, all-weather strategy, supported by enhanced pricing across markets [2] - The company noted potential cost increases for aluminum and orange juice due to ongoing trade wars, although its operations are primarily local [4] - Coca-Cola anticipates facing tough year-over-year comparisons in the second quarter, as the previous year marked its strongest period [4] Investment Opportunities - Investors may consider Coca-Cola-heavy exchange-traded funds (ETFs) such as iShares U.S. Consumer Staples ETF (IYK), Vanguard Consumer Staples ETF (VDC), Fidelity Covington Trust MSCI Consumer Staples Index ETF (FSTA), and First Trust Nasdaq Food & Beverage ETF (FTXG), which have 8% to 11% exposure to Coca-Cola shares [5]