This article is based on The Stocks & Markets Podcast. Hosted by Chris Versace, veteran Wall Street investor and lead portfolio manager for TheStreet Pro, these weekly podcasts are available early to members of TheStreet Pro investing club. Whether it’s the Olympics or Wall Street, there’s just no getting away from gold. Many of the world’s greatest athletes are competing in the 2026 Winter Olympics while the price of gold has been soaring and falling like a hyperactive ski jumper. Gold had been rising ...

The India Fund, Inc. (IFN) Announces Name Change [Accessibility Statement] Skip NavigationPHILADELPHIA, Feb. 12, 2026 /PRNewswire/ -- The Board of Directors of [The India Fund, Inc.](IFN) has approved a name change for the Fund, to be effective February 27, 2026, as set forth below.The Funds' ticker symbol, CUSIP, and investment manager are not changing. Aberdeen will continue to manage the Fund, as it has since December 2011.TickerCurrent NameNew NameCUSIPNYSE: IFNThe India Fund, Inc.Aberdeen India Fund, I ...

Core Insights - SHNWF reported earnings per share of $0.28, exceeding the estimated $0.25, and revenue of approximately $1.77 billion, surpassing the forecasted $1.70 billion, indicating strong financial performance [1][5] Financial Metrics - The company has a price-to-earnings (P/E) ratio of approximately 26.16, suggesting positive investor sentiment towards future earnings potential [2][5] - The price-to-sales ratio of about 2.95 indicates that the market values SHNWF's sales at nearly three times its revenue [2][5] - The enterprise value to sales ratio of around 1.58 reflects SHNWF's valuation in relation to its sales [3] - The enterprise value to operating cash flow ratio of approximately 4.13 indicates how the company's cash flow compares to its overall valuation [3] - With an earnings yield of 3.82%, SHNWF offers a return on investment relative to its earnings, which can be attractive to income-seeking investors [3] Capital Structure and Liquidity - SHNWF maintains a conservative capital structure with a low debt-to-equity ratio of 0.14, indicating limited reliance on debt financing [4] - The company has a strong liquidity position, evidenced by a current ratio of about 6.94, suggesting ample short-term assets to cover short-term liabilities [4][5]

Core Viewpoint - The fixed income market is currently facing significant uncertainty, making it more challenging to achieve desirable yields. In this context, collateralized loan obligations (CLOs) present potential investment opportunities [1] Group 1 - The fixed income market is described as being "flush with uncertainty," indicating a volatile environment for investors [1] - Achieving yield in the current market conditions may become increasingly difficult, highlighting the challenges faced by traditional fixed income investments [1] - CLOs are positioned as a viable option for investors seeking yield amidst the uncertainty in the fixed income market [1]

Nuveen Acquires Schroders in Cash Acquisition | ETF TrendsThe asset management landscape saw a shakeup this week as Nuveen Asset Management agreed to an approximately £9.9 billion deal to acquire Schroders. Nuveen, which is responsible for $1.4 trillion in assets under management (AUM), will create a massive shop with £2.5 trillion in AUM, [per a press release.]See more: [How Active Investing Can Unlock the Next Phase of the AI Investing Revolution]The move brings some notable ETFs into the same family. Per ...

Core Insights - T. Rowe Price Group, Inc. (TROW) reported preliminary assets under management (AUM) of $1.80 trillion as of January 31, 2026, marking a 1.2% increase from the previous month despite net outflows of $5.2 billion, which were partially mitigated by favorable market performance [1][11] AUM Breakdown - As of the end of January, T. Rowe Price's equity products remained at $879 billion, unchanged from December 2025. Fixed income products increased slightly to $213 billion, while multi-asset products rose nearly 3% to $646 billion, indicating strong client demand. Alternative products also saw a 1.7% increase to $59 billion [2][11] - The company's target-date retirement portfolios reached $580 billion, reflecting a 3.4% increase from the prior month, showcasing the strength of its retirement-focused offerings [3] Growth Trends - Over the five-year period from 2020 to 2025, T. Rowe Price's AUM experienced a compound annual growth rate (CAGR) of 3.8%, driven by market appreciation and sustained demand for multi-asset and fixed-income solutions [4] - In terms of long-term performance, 46% of T. Rowe Price's U.S. mutual funds' AUM outperformed the Morningstar median, while 43% exceeded the passive peer median over the five years ending December 31, 2025. Additionally, investment advisory clients outside the United States accounted for 8.8% of total AUM, highlighting geographic diversification [5] Competitive Position - T. Rowe Price benefits from a well-diversified AUM mix across various asset classes, client segments, and geographies, which provides stability to its asset base. The company is well-positioned to sustain AUM growth in the future, supported by a strong brand and consistent investment track record [6] - Peers such as Franklin Resources, Inc. (BEN) and Invesco Ltd. (IVZ) have also shown steady AUM growth, with Franklin reporting a preliminary AUM of $1.71 trillion as of January 31, 2026, up 1.3% sequentially, and Invesco achieving a five-year CAGR of 10% [7][8][9]

You can find original article here WealthManagement. Subscribe to our free daily WealthManagement newsletters. (Bloomberg) -- Asset manager F/m Investments is launching a mutual fund share class of its most popular ETF with an eye on the American retirement system. Starting Thursday, the $6.4 billion US Treasury 3-Month Bill ETF (ticker TBIL) will also have mutual fund share classes available to buy and sell under the ticker TBFMX, the company said in a statement. With the launch, $18 billion manager F/m ...

Core Viewpoint - Virtus Investment Partners has maintained a quarterly dividend of $2.40 per share, reflecting a 6.56% yield, but faces significant cash flow challenges that may jeopardize its ability to sustain this payout strategy [2][8]. Dividend Growth and Cash Flow - The recent dividend of $2.40 marks a 6.7% increase from the previous quarter's $2.25, continuing a trend of annual increases in the fourth quarter [3]. - Over the past decade, the company has achieved a compound annual growth rate (CAGR) of approximately 16%, growing its quarterly dividend from $0.45 in 2014 to $2.40 today [3]. - In fiscal 2024, Virtus generated only $1.8 million in operating cash flow, a dramatic 99.3% decline from $237.2 million in the prior year, while paying out $58.1 million in dividends, resulting in a payout ratio exceeding 3,000% based on operating cash flow [4][6]. Financial Metrics - The current dividend yield stands at 6.56%, with a payout ratio based on operating cash flow at 3,312% [5]. - The company borrowed $74.9 million to fund dividends and buybacks amid the cash flow collapse [6]. - Operating cash flow rebounded to $108.3 million in Q3 2025 after the significant drop in 2024 [6]. Market Position and Valuation - Virtus's trailing P/E ratio is 7.1x, and the forward P/E is 7.66x, indicating that the market is factoring in considerable challenges [10]. - The net income for fiscal 2024 was $152.5 million, leading to a dividend payout ratio of 38% based on earnings, which appears sustainable, although cash flow remains a critical concern for dividend investors [10]. Operational Challenges - The decline in cash flow is attributed to operational difficulties, with assets under management decreasing by 9% year-over-year to $159.5 billion, driven by $8.1 billion in net outflows during Q4 2025 [11]. - Large-cap growth and small/mid-cap equity strategies experienced significant redemptions from both institutional and retail clients [12].

Core Insights - Virtus Investment Partners has paid a dividend of $2.40 per share, continuing a decade-long streak of quarterly distributions, but faces significant cash flow challenges that raise questions about the sustainability of its payout strategy [1] Dividend Performance - The recent quarterly dividend of $2.40 represents a 6.7% increase from the previous quarter's $2.25, maintaining a pattern of increasing payouts in the fourth quarter [1] - Over the past decade, the quarterly dividend has grown from $0.45 in 2014 to $2.40 today, reflecting a compound annual growth rate of nearly 16% [1] Cash Flow Concerns - In fiscal 2024, Virtus generated only $1.8 million in operating cash flow, a dramatic 99.3% decline from $237.2 million the previous year, while paying out $58.1 million in dividends, resulting in a payout ratio exceeding 3,000% based on operating cash flow [1] - The company's cash flow issues are compounded by a decline in assets under management, which fell 9% year-over-year to $159.5 billion, driven by $8.1 billion in net outflows during Q4 2025 [1] Financial Metrics - The current stock price of $139.14 offers a trailing yield of 6.56%, significantly higher than the asset management industry average of 1.92% [1] - The trailing P/E ratio is 7.1x, and the forward P/E is 7.66x, indicating that the market is pricing in considerable challenges [1] Operational Challenges - Revenue declined by 11% to $208.0 million in Q4 2025, with operating margins compressing to 19.1% as fee income decreased faster than expenses could be cut [1] - The stock has decreased by 20.3% over the past year and 35.5% over five years, although the 10-year return remains positive at 106% [1] Capital Allocation - Virtus has committed to share buybacks, repurchasing 60,292 shares for $10 million in Q4 2025 and spending $50 million on buybacks in the first nine months of 2025 [1] - The company recorded $74.9 million in positive cash flow from financing in fiscal 2024, indicating reliance on borrowing to fund shareholder returns [1] Recent Improvements - Operating cash flow showed signs of recovery, reaching $108.3 million in Q3 2025, providing 7.0x dividend coverage [1] - The ETF business generated $600 million in positive net flows, suggesting some product lines are performing well despite overall outflows [1] Overall Assessment - Virtus Investment Partners has received a C grade for dividend quality, with the 6.56% yield being attractive but overshadowed by the fiscal 2024 cash flow crisis and ongoing asset outflows [1] - The disconnect between net income and operating cash flow raises sustainability concerns for the dividend, although recent quarterly improvements may indicate a potential turnaround [1]

Core Viewpoint - State Street Investment Management has launched the State Street Prime Money Market ETF (MMK), aimed at providing accessible cash management solutions with a focus on income, liquidity, and capital preservation [1]. Group 1: Fund Overview - MMK is an actively managed fund with a net expense ratio of 18 basis points, which is considered low for its category [1]. - The fund's portfolio is constructed using a variety of short-term money market instruments, emphasizing high quality and minimal credit risk through proprietary credit analysis [1]. Group 2: Market Context - The launch of MMK coincides with a favorable environment for money market funds, as rate cuts appear to be on hold, making such funds more attractive in the near term [1]. - State Street has a strong presence among institutional and retail investors, which positions MMK as a stable alternative to existing products like the State Street SPDR Bloomberg 1-3 Month T-Bill ETF (BIL), which has over $42 billion in assets under management as of February 11, 2026 [1].