Portfolio

On May 2, 2012, Nationwide added a slew of funds to its anuity portfolio.

On May 1, Fidelity reported an average increase in its participants' 401(k) balances.

April was a roller coaster ride for investors. Here are five stocks that weighed down the Dow the most last month.

On May 2, 2012, Eaton Vance Corp. launched the Eaton Vance Global Natural Resources Fund.

Mutual funds that invest in domestic stocks have been an object of scorn.

Nearly half of hedge fund managers foresee a difficult year ahead for the sector, according to a survey by accounting firm Rothstein Kass.

While individual investors — the primary owners of municipal debt — have generally increased their holdings in the last 10 years, some institutional investors have trimmed their holdings and others have been aggressive buyers.

According to the firm, the funds were closed to protect the interests of existing investors. However, they will continue to accept additional investments from existing shareholders and direct rollovers from qualified retirement plans into new T. Rowe Price IRAs.

UBS Financial Services Inc. of Puerto Rico and two of its executives have been charged by the SEC with misleading investors and its own financial advisors about the market risks associated with the sales of 23 closed-end mutual funds.

The Dow Jones Industrial Average rallied up another 65.69 points to close at 13,279.32 Tuesday, getting the month of May off to a strong start following April’s mixed performance.