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Strategies & Market Trends : High Yield Investing - CEF's
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From: Steve Mac5/27/2022 3:41:01 PM
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red cardinal
Rincon v2.0

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I just became aware of this from a post on SA, and I own two of the funds listed.

From Yahoo Finance: On May 17, 2022, AllianzGI resolved certain government charges about matters unrelated to the Funds with the U.S. Securities and Exchange Commission and Department of Justice. As a result of the settlement, AllianzGI is not permitted to manage U.S. registered open-end and closed-end funds. Concurrently, AllianzGI announced its intention to enter into an agreement with Voya Investment Management ("Voya") to transfer the investment teams who currently manage the Funds to Voya.

Affected funds: AIO, CBH, NCV, NCZ, ACV, NIE, and NFJ.

Link to full article: finance.yahoo.com
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