MFOHome About Commentary Discussions Funds The Best Resources Support Us!

Howdy, Stranger!

It looks like you're new here. If you want to get involved, click one of these buttons!

Sign In Register

Categories

In this Discussion

  • Mark November 2018
Here's a statement of the obvious: The opinions expressed here are those of the participants, not those of the Mutual Fund Observer. We cannot vouch for the accuracy or appropriateness of any of it, though we do encourage civility and good humor.

    Support MFO

  • Donate through PayPal

Gabelli Funds To Launch Two New Open End Funds, Media Mogul™, Pet Parents™: (MOGLC) - (PETZC)

TedTed
in Fund Discussions
FYI: Gabelli Funds, LLC (the “Adviser”), a subsidiary of GAMCO Investors, Inc. (NYSE: GBL) (“GAMCO”), announced today that, after considering the recommendation of the Adviser, the Board of Trustees for each of the Gabelli Media Mogul NextShares™ and the Gabelli Pet Parents’™ NextShares™ (each a “Fund” and collectively, the “Funds”) determined that it would be in the best interests of Fund shareholders to reorganize each Fund as a no-load, open-end mutual fund registered under the Investment Company Act of 1940 (“1940 Act”). As part of a Reorganization, substantially all of the assets and liabilities of each Fund would be transferred to a new series of a new trust to be created at a future date (a “New Fund”).
Regards,
Ted
https://www.businesswire.com/news/home/20181120005559/en

M* Snapshot MOGLC: (ETF)
https://www.morningstar.com/funds/XNAS/MOGLC/quote.html

M* Snapshot PETZC: (ETF)
https://www.morningstar.com/funds/XNAS/PETZC/quote.html

Comments

  • MarkMark
    Just what we need; now I'll have something to be thankful for tomorrow.
Sign In or Register to comment.