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Morningstar, Inc. Commentaries

CEF Weekly Update

Jan 28, 2014
Click here to access CEF Weekly Update

It's cold in Chicago, but the closed-end fund world is always hot. Below is a summary of news across the (CEF) universe from the past week. 

Manager Change
Aberdeen announced on Jan. 21, 2014, that Victor Rodriguez will take over head management responsibilities for  Aberdeen Asia-Pacific Income (FAX), replacing previous head manager Anthony Michael. Because of the manager change, we placed our Morningstar Analyst Rating for the fund under review. 

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Morningstar, Inc.

Morningstar, Inc. is a leading provider of independent investment research in North America, Europe, Australia, and Asia. We offer an extensive line of products and services for individuals, financial advisors, and institutions.

Morningstar provides data on more than 385,000 investment offerings, including stocks, mutual funds, and similar vehicles, along with real-time global market data on more than 8 million equities, indexes, futures, options, commodities, and precious metals, in addition to foreign exchange and Treasury markets. Morningstar also offers investment management services and has approximately $195 billion in assets under advisement or management as of Sept. 30, 2012. We have operations in 27 countries.