Portfolio

Slowing economic growth abroad combined with the Eurozone debt crisis pushed commodities lower in May after months of strong, sustained gains.

Dallas-based Highland Funds' Long/Short Healthcare Fund this week received a five-star rating from Morningstar which ranks the mutual fund among the top 10% of funds in the healthcare category.

The Bloomberg Consumer Comfort Index rose to from -47.1 to -45.9 in the week ended June 5, the third straight week it has risen and its best reading since the end of April.

CHICAGO -- Seeking to make it easier for financial planners and investors to analyze the vast mutual fund universe, Morningstar will soon launch forward-looking, analyst-driven fund ratings.

Are municipal bonds coming back into favor? Some industry analysts seem to think so.

Seeking to make it easier for financial planners and investors to analyze the vast mutual fund universe, Morningstar announced Thursday that it would soon launch forward-looking, analyst-driven fund ratings.

Assets flowed out of ETFs in May, the first time flows have reversed direction since August 2010, according to State Street Global Advisors, which just released its latest Snapshot report tracking ETF funds.

Lord Abbett and Wilshire Associates have partnered to launch Pro Active Income Solutions, an actively managed approach designed to deliver income for the independent advisory market. The solution combines Wilshire’s dynamic asset-allocation capabilities and Lord Abbett’s comprehensive suite of fixed income mutual funds.

Global X Funds has launched the Global X SuperDividend ETF, an exchange-traded fund that offers exposure to 100 global companies that rank among the highest dividend-yielding equity securities in the world.

New York-based exchange traded fund (ETF) provider Global X Funds this week rolled out a new ETF for investors who are looking to buy funds comprised of stocks that consistently deliver solid dividends to their shareholders.