fund closure

Latest news articles about fund closure

BNY Mellon Alcentra Global Multi-Strategy Credit Fund, Inc. Announces Details of Liquidation

XALCX

NEW YORK--(BUSINESS WIRE)--BNY Mellon Alcentra Global Multi-Strategy Credit Fund, Inc. (Ticker: XALCX) (the "Fund") announced today additional details concerning the liquidation and termination of the Fund. In accordance with the Fund's Charter, the Fund's Board of Directors has approved the termination date of the Fund. The Fund will terminate at the close of business on or about August 29, 2025, approximately the sixth anniversary of the closing date of the Fund's initial public offering (the

August 19, 2025Read more →

LifeX Term Income ETFs Announce the Closure and Liquidation of Two Exchange-Traded Funds

NEW YORK--(BUSINESS WIRE)--LifeX Term Income ETFs (“LifeX”) has announced that it will close and liquidate two exchange-traded funds to simplify its fund lineup. LifeX will be liquidating the LifeX 2040 Term Income ETF and LifeX 2045 Term Income ETF (together, the “Liquidating ETFs”) (such transactions, the “Liquidations”). The Liquidations are expected to take place on or about August 22, 2025 (the “Liquidation Date”). August 20, 2025 is expected to be the last full day of trading for the Liqu

August 15, 2025Read more →