Mutual Funds

BMO Announces Changes to its Mutual Fund Product Line-Up

PRNewswire — Wed, 03 Jun 2026 21:03:00 +0000

TORONTO, June 3, 2026 /CNW/ - BMO Investments Inc., the manager of the BMO Mutual Funds, today announced changes to its product offerings.

Name Change and Qualification of ETF Series securities of BMO International Equity Fund

There will be a name change of BMO International Equity Fund to BMO Market+ International Equity Fund.

ETF Series securities of this fund are qualified for distribution.

Qualification of Series T10 and Series F10 securities

Series T10 and Series F10 securities of each of BMO Covered Call Canada High Dividend ETF Fund, BMO Covered Call Europe High Dividend ETF Fund and BMO Covered Call U.S. High Dividend ETF Fund are qualified for distribution.

Qualification of Series G securities

Series G securities of each of BMO Global Dividend Opportunities Fund, BMO Global Equity Fund, BMO Global Income & Growth Fund, BMO Low Volatility Canadian Equity ETF Fund, BMO Low Volatility U.S. Equity ETF Fund, BMO Strategic Equity Yield Fund and BMO U.S. Equity Plus Fund are qualified for distribution.

Qualification of Series I securities

Series I securities of BMO Growth & Income Fund are expected to be qualified for distribution.

Changes of Ticker Symbols

The ticker symbols for the Active ETF Series of each of BMO Global Dividend Opportunities Fund, BMO Global Equity Fund, BMO Global Health Care Fund, BMO Global Infrastructure Fund, BMO Global Innovators Fund, and BMO Global REIT Fund will change as follows:

Name of BMO Mutual Fund

Name of Series

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NASA Federal Credit Union Awards Scholarships to Student Members

PRNewswire — Wed, 03 Jun 2026 12:19:00 +0000

UPPER MARLBORO, Md., June 3, 2026 /PRNewswire/ -- Following the completion of its 2026 Mitchell-Beall-Rosen Memorial Scholarship Contest, NASA Federal Credit Union awarded scholarships to seven high school seniors, with awards ranging from $2,000 to the top scholarship prize of $12,000. The annual program recognizes the writing abilities of young Credit Union members pursuing four-year or two-year undergraduate degrees, as well as vocational studies. Applicants submitted 1,000-word essays highlighting their educational aspirations and demonstrating financial literacy related to the cost of college and their strategies for funding their education.

...

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Tom Lee's Fundstrat Capital Announces May 2026 Rebalance for Granny Shots Large Cap ETFs

PRNewswire — Wed, 03 Jun 2026 12:00:00 +0000

Fundstrat Granny Shots US Large Cap ETF (NYSE:GRNY) ranks among the fastest-growing actively managed large-cap equity ETF launches with more than $4.4 billion in assets under management.¹

Fundstrat Granny Shots US Large Cap & Income ETF (NYSE:GRNI) pairs the thematic equity holdings of flagship GRNY with an actively managed options overlay designed to generate monthly income.

NEW YORK, June 3, 2026 /PRNewswire/ -- Fundstrat Capital, the New York–based investment management firm led by Chief Investment Officer Thomas "Tom" Lee announced the completion of the May 2026 quarterly rebalance for the Fundstrat Granny Shots US Large Cap ETF (NYSE:GRNY). With more than $4.4 billion in assets under management (AUM) as of June 1, 2026, GRNY is among the fastest-growing actively managed large-cap equity ETF launches in U.S. history. The rebalance added 6 names and removed 3, tilting the portfolio toward quality, durable growth, and defensive resilience heading into what Fundstrat Capital views as a challenging but ultimately constructive year for equities.

"Every quarter, we revisit our key macro themes and tactical style allocations and identify the strongest stocks to reflect these real-time updated views. We are executing this rebalance to dynamically adapt Granny Shots to the fast-changing world and market conditions," said Thomas "Tom" Lee, Chief Investment Officer of Fundstrat Capital. "For this particular rebalance, our macro, quantitative, and fundamental analysis resulted in 6 additions and 3 deletions. Our evidence-based research points to a challenging but ultimately constructive 2026 for equities and we keep this timing in mind when we rebalance."

May 2026 Rebalance Summary

Additions: CF, LLY, NOW, ORCL, PM, UNH
Deletions: AMGN, CVX, PPG

The rebalance reflects updated positioning across Fundstrat Capital's proprietary Granny Shots investment framework, which identifies large-cap equities positioned to benefit from multiple structural themes spanning macroeconomic trends, monetary policy, demographics, behavioral shifts, and technology adoption.

Fundstrat Capital is the asset management affiliate of Tom Lee's research platform, Fundstrat Global Advisors, the institutional research firm Lee co-founded. Fundstrat Capital issues and manages the Granny Shots ETF suite, which includes GRNY, GRNI, and GRNJ. Each fund is listed on NYSE Arca.

The Granny Shots strategy combines Fundstrat's top-down macroeconomic research with bottom-up quantitative screening. To qualify for the portfolio, a security must appear in at least two of Fundstrat's seven fundamental investment themes, a dual-signal methodology that targets positions supported by multiple potential tailwinds. The portfolio is equally weighted and rebalanced quarterly.

The Seven Granny Shots Themes
The Granny Shots portfolio is constructed from securities appearing in at least two of the following seven themes.

Shorter-term themes

Style Tilt: Positioning aligned with leading style factors (e.g., value vs. growth) in the current regime.
Seasonality: Calendar-based positioning informed by historical monthly and quarterly return patterns.
PMI Recovery: Positioning for a rebound in the Purchasing Managers' Index (PMI), favoring cyclical exposure tied to manufacturing and services activity.

Longer-term themes

Millennials: Companies positioned to benefit from the consumer, housing, and investing behaviors of the largest U.S. generation.
Global Labor Supply: Companies positioned for persistent labor scarcity, including beneficiaries of automation, robotics, and productivity-enhancing technology.
Energy & Cybersecurity: The physical energy infrastructure powering the modern economy and the cybersecurity layer that protects it.
Easing Financial Conditions: Transition in monetary policy, rate adjustments, and more accommodative credit conditions.

The Granny Shots ETF Suite

Fundstrat Granny Shots US Large Cap ETF (NYSE:GRNY) — Flagship thematic large-cap U.S. equity strategy. AUM: $4.4 billion.

Fundstrat Granny Shots US Large Cap & Income ETF (NYSE:GRNI) — Holds the same core equity positions as ...

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JOHN HANCOCK CLOSED-END FUNDS DECLARE QUARTERLY DISTRIBUTIONS

PRNewswire — Mon, 01 Jun 2026 20:25:00 +0000

BOSTON, June 1, 2026 /PRNewswire/ - The John Hancock closed-end funds listed below declared their quarterly distributions today as follows:

Declaration Date:         June 1, 2026
Ex Date:                       June 11, 2026
Record Date:                June 11, 2026
Payment Date:             June 30, 2026

Ticker	Fund Name	Distribution Per Share	Change From Previous Distribution	Market Price as of 05/29/2026	Annualized Current Distribution Rate at Market
HEQ	Diversified Income	$0.2500	-	$11.92	8.39 %
JHS	Income Securities Trust	$0.1535	0.0158	$11.15	5.51 %
JHI	Investors Trust	$0.2970	0.0339	$13.42	8.85 %
BTO	Financial Opportunities Fund	$0.6500	-	$36.65	7.09 %

John Hancock Diversified Income Fund
Diversified Income Fund (the "Fund") declared ...

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JOHN HANCOCK CLOSED-END FUNDS DECLARE MONTHLY DISTRIBUTIONS

PRNewswire — Mon, 01 Jun 2026 20:24:00 +0000

BOSTON, June 1, 2026 /PRNewswire/ - The John Hancock closed-end funds listed below declared their monthly distributions today as follows:

Declaration Date: June 1, 2026
Ex Date: June 11, 2026
Record Date: June 11, 2026
Payment Date: June 30, 2026

Ticker	Fund Name	Distribution Per Share	Change From Previous Distribution	Market Price as of 5/29/2026	Annualized Current Distribution Rate at Market
HPI	Preferred Income Fund I	$0.1235	-	$16.24	9.13 %
HPF	Preferred Income Fund II	$0.1235	-	$16.18	9.16 %
HPS	Preferred Income Fund III	$0.1100	-	$14.66	9.00 %
PDT	Premium Dividend Fund	$0.0825	-	$12.88

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Thornburg Income Builder Opportunities Trust Announces Distribution

PRNewswire — Mon, 01 Jun 2026 20:01:00 +0000

SANTA FE, N.M., June 1, 2026 /PRNewswire/ -- Thornburg Income Builder Opportunities Trust (the "Trust") (NASDAQ:TBLD) today announced a monthly distribution of $0.10417 per share on the Trust's common shares, payable on June 22, 2026, to common shareholders of record as of June 11, 2026.

The Trust's monthly distribution is shown below:

Amount	Payable Date	Ex-Dividend/Record Date	Change from Previous Declaration
$0.10417	June 22, 2026	June 11, 2026	No Change

Distribution rates are not performance and are calculated by summing the Trust's monthly distribution per share over four quarters and dividing by the net asset value or market price per share, as applicable, as of the distribution announcement date. Distributions on common shares are generally paid from net investment income (regular interest and dividends) and may also include capital gains and/or a return of capital. The Trust's distribution payable on June 22, 2026, includes a short-term capital gain and a return of capital but does not include a long-term capital gain. The specific tax characteristics of the distributions will be reported to the Trust's common shareholders on Form 1099 after the end of the 2026 calendar year. The final determination for all distributions paid in 2026 will be made in early 2027 and reported to you on Form 1099-DIV. You should not use this notice as a substitute for your 1099-DIV.

The Trust's fiscal year (10/01/2025 through 09/30/2026) cumulative distributions are shown below:

NEW YORK, June 1, 2026 /PRNewswire/ - Bank of Montreal ("BMO") and REX Shares, LLC ("REX") announced today the launch of the following Exchange Traded Notes ("ETNs") issued by BMO:

ETN Title	Ticker	Exposure Type
MicroSectors™ 3× Long Artificial Intelligence (AI) ETNs due May 30, 2046	AIQU	3× (long)
MicroSectors™ -3× Short Artificial Intelligence (AI) ETNs due May 30, 2046	AIQD	-3× (short)

The ETNs will start trading tomorrow on the NYSE Arca, Inc. under the applicable ticker symbol identified above. Each series of ETNs is intended to offer sophisticated investors three times leveraged long or short, as applicable, participation in the daily performance of the BITA AI Leaders Select NTR US Index (the "Index"), before taking into account fees, charges and the decay effect caused by the daily resetting of the leverage.

The Index is an equity index created, sponsored and maintained by BITA GmbH (the "Index Sponsor") that is designed to track the performance of 25 U.S.-listed companies involved in artificial intelligence ("AI") technologies from both an application and infrastructure perspective. The Index includes "Purity Leaders," which are companies that the Index Sponsor determines have high relative revenue exposure to AI products, services and activities, and "Key Enablers," which are larger, more diversified companies that the Index Sponsor considers to be key direct enablers of the business application of AI technologies. The Index is a net total return index, in which dividends paid on the applicable securities are included in the level of the Index, less certain withholding taxes that may be applicable to dividends paid by Index Constituents incorporated outside the United States. The ticker symbol of the Index is "BAILSN". Although the name of the Index refers to "AI," the Index is not limited to companies whose primary business is artificial intelligence, and the Index allocates significant weight to larger, diversified technology companies that are considered by the Index Sponsor to enable the development, deployment or business application of AI technologies.

Disclosures

The ETNs are not intended to be "buy and hold" investments and are not intended to be held to maturity. Instead, the ETNs are intended to be daily trading tools for sophisticated investors to manage daily trading risks as part of an overall diversified portfolio. The ETNs are designed to reflect a 3× leveraged long or short, as applicable, exposure to the performance of the Index on a daily basis, before taking into account the negative effect of ...

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African EV platform Spiro raises $215M in equity to scale electric mobility and energy infrastructure across Africa

PRNewswire — Mon, 01 Jun 2026 14:01:00 +0000

Leading scale-up Spiro has secured a landmark $215M investment round backed by major institutional investors including Impact Fund Denmark, and Equitane.
With Spiro already operating across seven of Africa's fastest-growing urban markets, this transaction positions Spiro among the continent's leading clean infrastructure platforms. This investment will accelerate the expansion of Spiro's battery-swapping network, industrial footprint and next-generation electric vehicles (EV) infrastructure across high-growth African markets.
As African economies push to reduce dependence on imported fuel, reinforce energy and industrial sovereignty, and modernize urban transport systems, global investors are increasingly turning to scalable EV infrastructure platforms.

DUBAI, UAE, June 1, 2026 /CNW/ -- Scaling Africa's next-generation mobility and energy ecosystem

Spiro announces a $215M investment round to accelerate the deployment of its electric mobility and battery-swapping infrastructure across Africa. Building on the support of long-standing institutional partners such as FEDA, Spiro's latest equity round draws global capital from Europe and Africa, confirming growing global confidence in scalable infrastructure-led business models across emerging markets.

Following years of optimization across its product portfolio, technology and energy ecosystem, Spiro has moved past the proof-of-concept phase and stands ready to execute its next chapter of pan-African expansion. This investment will support the expansion of Spiro's battery-swapping network, strengthen its industrial and assembly footprint, accelerate technology development and support the company's entry into new high-growth African markets.

Global investors back Africa's fast-growing mobility and energy transition

As Africa's urban population and mobility needs continue to surge, electric vehicles and battery-swapping ecosystems ...

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DoubleLine Income Solutions Fund Declares June 2026 Distribution

PRNewswire — Mon, 01 Jun 2026 13:10:00 +0000

TAMPA, Fla., June 1, 2026 /PRNewswire/ -- DoubleLine Income Solutions Fund (the "Fund"), which is traded on the New York Stock Exchange under the symbol DSL, this week declared a distribution of $0.11 per share for the month of June 2026. The distributions are subject to the following ex-dividend, record and payment dates set by the Fund's Board of Trustees.

June 2026
Declaration	Monday, June 1, 2026
Ex-Dividend	Wednesday, June 17, 2026
Record	Wednesday, June 17, 2026
Payment	Tuesday, June 30, 2026

This press release is not for tax reporting purposes. The press release has been issued to announce the amount and timing of the distributions declared by the Board of Trustees. There is a possibility that distributions may include ordinary income, long-term capital gains or return of capital. For information on whether the distribution includes a return of capital, please contact us on or after the distribution payment date. The amount of distributable income and the tax characteristics of the distributions are determined at the end of the taxable year. In early 2027, the Fund will send shareholders a Form 1099-DIV specifying how the distributions paid by the Fund during the prior calendar year should be characterized for purposes of reporting the distributions on a shareholder's tax return.

About DoubleLine Income Solutions Fund

The Fund's primary investment ...

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DoubleLine Flexible Income Fund Waives Operating Expenses Across All Share Classes

PRNewswire — Mon, 01 Jun 2026 13:00:00 +0000

Risk-Adjusted and Standardized Performance Reported

TAMPA, Fla., June 1, 2026 /PRNewswire/ -- The DoubleLine Flexible Income Fund (or "the Fund"), an actively managed fixed-income mutual fund, has commenced a fee waiver reducing its total annual fund operating expenses for all share classes.

Effective May 29, total annual operating expenses paid each year as a percentage of the value of shareholders' investment in the Fund were reduced via the fee waiver as follows:

DoubleLine Flexible Income Fund Total Annual Operating Expenses
as percentage of the value of shareholder investment
		Class I	Class I2	Class N	Class R6
		DFLEX	DLPIX	DLINX	DFFLX
	Before May 29, 2026	0.76 %	0.82 %	1.01 %	0.70 %
	After Fee Waiver	0.59 %	0.65 %	0.84 %	0.59 %

A Supplement dated May 28, 2026, to the Fund's Prospectus, with further details on the expense reduction, can be found here: https://www.sec.gov/ix?doc=/Archives/edgar/data/0001480207/000119312526245167/d101287d497.htm

"In response to the growing demand for the DoubleLine Flexible Income Fund," said DoubleLine President Ron Redell, "we're pleased to reduce fees, passing on the benefits of scale to our investors and reinforcing our commitment to their financial success."

Objective, Process, Portfolio Managers
Launched April 7, 2014, the DoubleLine Flexible Income Fund ($1.5 billion AUM as of May 28, 2026) seeks long-term total return while striving to generate current income. The Fund is not constrained by management against any index and allows the adviser broad flexibility to invest in a wide variety of fixed income instruments.

The Fund seeks current income and capital appreciation. The investment team takes calculated credit risk, drawing on DoubleLine's expertise in securitized as well as corporate credit, to achieve a high degree of portfolio diversification while actively managing the portfolio's interest-rate sensitivity (duration).

Portfolio Managers of the Fund are Jeffrey Gundlach, CEO and Chief Investment Officer of DoubleLine, and Jeffrey Sherman, Deputy Chief Investment Officer. The DoubleLine Fixed Income Asset Allocation Committee, led by Mr. Gundlach and co-chaired by Mr. Sherman, determines whether to over- or underweight a sector based on economic outlook, sector fundamentals and relative value.

Bottom-up security selection is managed by teams specialized in specific sectors of the fixed income universe: Agency residential mortgage-backed securities (RMBS), non-Agency RMBS, Agency and non-Agency commercial mortgage-backed securities (CMBS), asset-backed securities, global developed credit (including investment grade and high yield corporate bonds and bank loans by U.S.-domiciled issuers), collateralized loan obligations, international sovereign and corporate bonds, emerging markets fixed income and U.S. government issues.

10-Year Excess Return and Risk-Adjusted Outperformance vs. Benchmark
All share classes of the Fund – DFLEX (Class I), DLPIX (Class I2), DLINX (Class N), DFFLX (Class R6) – have delivered excess return versus the benchmark, the Bloomberg US Aggregate Bond Index, and the ICE BofA SOFR Overnight Rate Index for the 10 years ended March 31, 2026. All share classes also have delivered superior risk-adjusted performance as measured by Sharpe ratio and maximum drawdown versus the benchmark over the same period.

DoubleLine Flexible Income Fund, Risk-Adjusted Performance
10 Years Ended March 31, 2026
	Annualized Return	Standard Deviation	Sharpe Ratio	Max Drawdown
I Share (DFLEX)	3.80 %	5.31 %	0.29	-13.46 %

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Allspring Utilities and High Income Fund

PRNewswire — Mon, 01 Jun 2026 12:30:00 +0000

(ERH) CUSIP 94987E109

IMPORTANT NOTICE TO SHAREHOLDERS

CHARLOTTE, N.C., June 1, 2026 /PRNewswire/ -- This Notice provides information about the sources of the Fund's monthly distributions. You should not draw any conclusions about the Fund's investment performance from the amount of this distribution or from the terms of the Fund's Managed Distribution Plan.

The Fund estimates that it has distributed more than its income and net realized capital gains; therefore, a portion of your distribution may be a return of capital. A return of capital may occur, for example, when some or all of the money that you invested in the Fund is paid back to you. A return of capital distribution does not necessarily reflect the Fund's investment performance and should not be confused with 'yield' or 'income'.

The amounts and sources of distributions reported in this Notice are only estimates and are not being provided for tax reporting purposes. Sources include net investment income (NII), short-term capital gains (ST), long-term capital gains (LT) and paid in capital. The actual amounts and sources of the amounts for tax reporting purposes will depend upon the Fund's investment experience during the remainder of its fiscal year and may be subject to changes based on tax regulations. The Fund will send you a Form 1099-DIV for the calendar year that will tell you how to report these distributions for federal income tax purposes.

The following table provides an estimate of the Fund's distribution sources, reflecting the fiscal year-to- date cumulative amount of distributions. The Fund attributes these estimates equally to each regular distribution throughout the year. Consequently, the estimated information as of the specified month-end shown below is for the current distribution, and also represents an updated estimate for all prior months in the year.

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FÉRIQUE Fund Management expands its fund family with the launch of the FÉRIQUE ETF Portfolios

PRNewswire — Mon, 01 Jun 2026 12:00:00 +0000

MONTREAL, June 1, 2026 /CNW/ - FÉRIQUE Fund Management announces the launch of the FÉRIQUE ETF Portfolios – the FÉRIQUE ETF Moderate+ Portfolio, the FÉRIQUE ETF Balanced Portfolio, the FÉRIQUE ETF Growth+ Portfolio and the FÉRIQUE ETF 100% Equity Portfolio. Available as of June 1, 2026, these mutual funds consist primarily of index exchange-traded funds (ETFs).

...

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NEUBERGER REAL ESTATE SECURITIES INCOME FUND ANNOUNCES MONTHLY DISTRIBUTION

PRNewswire — Fri, 29 May 2026 21:07:00 +0000

NEW YORK, May 29, 2026 /PRNewswire/ -- Neuberger Real Estate Securities Income Fund Inc. (NYSE:NRO) (the "Fund") has announced a distribution declaration of $0.0312 per share of common stock. The distribution announced today is payable on June 30, 2026, has a record date of June 15, 2026, and has an ex-date of June 15, 2026.

Under its level distribution policy, the Fund anticipates that it will make regular monthly distributions, subject to market conditions, of $0.0312 per share of common stock, unless further action is taken to ...

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NEUBERGER NEXT GENERATION CONNECTIVITY FUND ANNOUNCES MONTHLY DISTRIBUTION

PRNewswire — Fri, 29 May 2026 21:06:00 +0000

NEW YORK, May 29, 2026 /PRNewswire/ -- Neuberger Next Generation Connectivity Fund Inc. (NYSE:NBXG) (the "Fund") has announced a distribution declaration of $0.12 per share of common stock. The distribution announced today is payable on June 30, 2026, has a record date of June 15, 2026, and has an ex-date of June 15, 2026.

Under its level distribution policy, the Fund anticipates that it will make regular monthly distributions, subject to market conditions, of $0.12 per share of common stock, unless further action is taken to determine another ...

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NEUBERGER HIGH YIELD STRATEGIES FUND ANNOUNCES MONTHLY DISTRIBUTION

PRNewswire — Fri, 29 May 2026 21:05:00 +0000

NEW YORK, May 29, 2026 /PRNewswire/ -- Neuberger High Yield Strategies Fund Inc. (NYSE:NHS) (the "Fund") has announced a distribution declaration of $0.0905 per share of common stock. The distribution announced today is payable on May 29, 2026, has a record date of June 15, 2026, and has an ex-date of June 15, 2026.

Under its level distribution policy, the Fund anticipates that it will make regular monthly distributions, subject to market conditions, of $0.0905 per share of common stock, unless further action is taken to ...

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DATA AS OF 5/31/2026		ESTIMATED SOURCES OF DISTRIBUTION
		PER SHARE DISTRIBUTION	NII	LT GAINS	ST GAINS	PAID IN CAPITAL
ERH (FYE 8/31)	Current Month ($)	0.08635	0.04079	0.00000	0.00000	0.04556