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BPAS Mutual Fund Actions Bulletin Board


Date Fund/Fund Family Description
May 3, 2012 API API Funds has announced that, effective May 30, 2012, there will be several changes that will occur within the Fund lineup, in an effort to streamline the Funds, enhance their appeal to current and potential shareholders, and lower the expenses of the Funds.
April 27, 2012 HB & T HB&T Intermediate Fixed Income Fund Name Change‏
April 26, 2012 Oppenheimer Effective with the recent Prospectus and SAI sticker dated March 30, the eligibility requirement of 100 eligible employees or $500,000 in plan assets associated with 401(k) plans has been eliminated
April 23, 2012 Allianz The Allianz AGIC Pacific Rim fund will merge into the Allianz AGIC Emerging Markets Opportunities fund on 6/15/12
April 23, 2012 Manning & Napier Manning & Napier Retirement Target Collective Investment Trust Product Enhancements‏
April 18, 2012 BlackRock Effective May 15th, the BlackRock Asset Allocation Portfolio will change the name to BlackRock Managed Volatility Portfolio.
April 18, 2012 BlackRock Supplement dated March 14, 2012 to the Prospectuses of BlackRock Asset Allocation Portfolio (the “Fund”), dated January 27, 2012
April 17, 2012 John Hancock Effective May 1, 2012, the John Hancock Funds’ Lifecycle Portfolios will be renamed the John Hancock Retirement Living Portfolios.
April 5, 2012 T. Rowe Price T. Rowe Price High Yield fund is closing to new investors, effective 4/27/12.
April 5, 2012 Ridgeworth RidgeWorth Small Cap Value Equity Fund to close to new investors effective 4/20/12.
Mar. 30, 2012 Wells Fargo The Wells Fargo Advantage Growth fund is now closed to new retirement plans.
Mar. 6, 2012 Lord Abbett The Lord Abbett Mid Cap Value Fund will change its name effective March 30th 2012
Mar. 6, 2012 Artio New policy states that "the Funds have a 'purchase blocking policy'
Feb. 29, 2012 Vanguard Nine funds to make quarterly dividend distributions
Feb. 22, 2012 Transamerica Transamerica will be lowering the 12b-1 fee on all of our A share mutual funds by 5 bps. The trail commission payment to our trading partners will remain 25 bps.
Feb. 14, 2012 Invesco Invesco Funds' Offering Status to Change‏
Feb. 8, 2012 Vanguard Vanguard Asset Allocation Fund merger: Approved
Jan. 31, 2012 Huntington The Rising Dividend Growth Fund will be reorganized into a similar mutual fund managed by Goldman Sachs Asset Management and sub‐advised by DGA
Jan. 23, 2012 Vanguard Vanguard Asset Allocation Fund merger: Proposed
Jan. 13, 2012 Invesco Invesco Product Line Reorganization
Dec. 30, 2011 California Investment Trust effective January 3, 2012 the California Investment Trust Fund Group will be known as the Shelton Funds while the California Investment Trust name will come to exclusively represent their retirement plan services
Dec. 29, 2011 Marshall The Marshall Funds family changed their name to the BMO Funds. No changes were made to ticker symbols or CUSIPs. Four new funds were launched. The Marshall International Stock Fund was liquidated.
Dec. 20, 2011 Reliance Reliance Trust Stable Value Fund - 1Q2012 Rate Reset
Dec. 16, 2011 Invesco Invesco InFocus - Fund Name Changes‏
Dec. 13, 2011 Sentinal Attached is a summary of a series of changes related to the Sentinal Mid Cap Value Fund
Dec. 12, 2011 Vanguard The anticipated merger of the Vanguard Tgt Ret 2005 fund into the Vanguard Tgt Ret Income fund on or after 2/10/12. The Vanguard Tgt Ret 2005 fund is closed to new investors, effective immediately.
Dec. 10, 2011 Dreyfus Dreyfus Alpha Growth Fund Merger
Dec. 1, 2011 Brown Capital The Brown Capital Management Fund series are under a newly established Delaware trust, Brown Capital Management Mutual Funds. In addition, the Brown Capital Management Funds I Shares have been renamed to Investor Shares and have adapted a 12b-1 Distribution Plan
Nov. 28, 2011 Transamerica Funds The attached documents are notification for an upcoming share class conversion and fund mergers for Transamerica Funds. Please contact Transamerica Intermediary Services at 1-888-755-7674 with any questions.
Oct. 29th, 2011 Lord Abbett Effective 1/15/2012, the Lord Abbett Developing Growth fund (LAGWX) will close to new investors
Oct. 14, 2011 Vanguard Vanguard to add new Target Retirement Fund, merge two existing funds
Oct. 7, 2011 Aberdeen On Friday, October 07, 2011, two Credit Suisse Mutual Funds, NSCC Participant Number 5735, will be acquired by two Aberdeen Mutual Funds, NSCC Participant Number 4899. This event will be classified as a re-organization. There are several critical dates that are listed below. Please update your firms system in preparation for this Mutual Fund event.
Sept. 26, 2011 American Century American Century Equity Income Fund will close to new investors on 11/30/2011‏
Sept. 20, 2011 Calvert Calvert Large Cap Growth Fund merger to Calvert Equity Portfolio effective Sept. 16, 2011
Aug. 26, 2011 MFS MFS merges MFS® Core Growth Fund into MFS® Growth Fund
Aug. 19, 2011 Federated Federated has updated their definition of competing fund for the Cap Pres fund.
Aug. 10, 2011 BlackRock The BlackRock Small/Mid Cap Growth Portfolio (SCGAX) will be merging into the BlackRock Mid-Cap Growth Equity Portfolio (BMGAX) on September 9th, pending shareholder approval.
Aug. 8, 2011 American Century Funds American Century Funds has announced the closure of Growth Fund and Focused Growth Fund effective 8/31/2011. For more information, including share classes and ticker symbols, please see the attached.
July 15, 2011 Nuveen Nuveen Tradewinds Value Opportunities fund closed to new investors.
June 28, 2011 Black Rock The attached chart notes where share classes are being added to a surviving fund as well as two cases where a surviving fund is changing its name.
May 20, 2011 Invesco Upcoming Fund reorganizations
May 2, 2011 Janus Effective May 6, 2011 the Janus Venture Fund Class T shares will reopen to new investors. Also four other share classes will be launched.
April 29, 2011 Invesco Invesco has changed their definition for funds in Limited Offering status.
April 7, 2011 Columbia Columbia Small Cap Growth Fund I and Columbia Small Cap Growth Fund II close to new investors and new accounts on April 29, 2011‏
March 28, 2011 SEI BPAS received notification today from SEI that effective March 25, 2011, the SEI Asset Allocation Trust funds are being merged and reorganized into other funds that have similar investment objectives and strategies. BPAS typically receives advance notification regarding fund changes of this nature; however, no advance notice was provided by SEI for these changes.
Feb. 23, 2011 Royce Effective after the close of business (4:00 p.m. EST) on Monday, February 28, 2011, Royce Low-Priced Stock Fund will be open only to existing shareholders and existing relationships.
Feb, 12, 2011 Nuveen Effective 4/4/11, the CUSIPs for the former First American Funds (now Nuveen) will change.
Feb. 8, 2011 Columbia Columbia Management announces dates for proposed share class additions, CUSIP changes and fund mergers
Feb. 7, 2011 Federated Effective 2/21/11, the Federated Int’l High Income Fund will be renamed Federated Emerging Market Debt
Feb. 5, 2011 Russell Russell 2010 Strategy Fund will merge into the Russell In Retirement Fund. No purchases will be allowed into the fund after 2/17/11. Dividends are expected to pay on 2/22/11.
Dec. 6, 2010 Federated Federated will be changing the name of the Stock & Bond Fund effective 1/31/11. Note that the CUSIPs will also change.
Nov. 22 2010 Vanguard As of 11/22/2010, Vanguard is changing its policy regarding account minimums for Signal Shares in qualified retirement plans. Please see the attached for complete details. (Note: due to the large number of plans involved, this process is going to take some time to coordinate by BPAS with our financial intermediary partners).
Sept. 24, 2010 Goldman Sachs Goldman Sachs has announced that effected Oct.1, 2010 they will be eliminating redemption fees on a list of their investments.
Sept. 24, 2010 Putnam Effective November 1, 2010, the certain Putnam retail mutual funds will no longer impose redemption fees. The changes apply to all shares purchased on or after November 1, 2010. Shares purchased prior to November 1, 2010 will be subject to the applicable funds’ short‐term trading fee policy in effect on the date of purchase.
Sept. 17, 2010 Dreyfus Dreyfus has announced that the Dreyfus S&P STARS Fund will change its name to Dreyfus Research Core Fund on or about October 1, 2010.
Sept. 17, 2010 Federated Federated has announced the removal of some of the redemptions fees for the InterContinental Funds. The funds affected are; RIMAX, ICFIX, ICFKX, FGFAX.
Aug. 19, 2010 Columbia Effective September 1, 2010, the 2% redemption fee that may be assessed on shares held for less than 60 days is being eliminated for Columbia Acorn International and Columbia Acorn International Select. This applies to all redemption or exchange orders accepted on or after September 1, 2010, regardless of how long the shares have been held. With this update, we have eliminated redemption fees across all Columbia Management funds.
Aug. 17, 2010 Columbia Following the transfer agent conversion, certain RiverSource, Seligman and Threadneedle funds will be renamed as Columbia funds. This renaming is scheduled to occur on or about September 27, 2010. We will provide you with additional details on these changes in the next few weeks.
Aug. 16, 2010 American Effective immediately, American Funds has required that BPAS implement its excessive trading policy which involves a 30 day opposite‐way trading restriction for all of its funds except for money market funds.
Aug. 10, 2010 Oppenheimer Effective Monday, August 16, 2010. The Oppenheimer Quest Balanced Fund will be renamed Oppenheimer Global Allocation Fund.
July 22, 2010 Dreyfus Effective 10/1/10 the Dreyfus S&P STARS Fund will be renamed Dreyfus Research Core Fund.
July 22, 2010 Putnam Effective 9/1/10 the Putnam Mid Cap Value Fund will change its name to Putnam Multi‐Cap Value Fund. Effective 9/1/10 the Putnam New Opportunities Fund will change its name to Putnam Multi‐Cap Growth Fund. Pending shareholder approval, the Putnam Vista Fund will merge into the Putnam New Opportunities Fund (Putnam Multi‐Cap Growth Fund). The merger is currently expected to occur in late September 2010, but no later than 12/31/10.
July 22, 2010 Black Rock Proposed reorganization of the BlackRock Aurora Portfolio into the BlackRock Mid‐Cap Value Equity Portfolio.
July 10, 2010 Wells Fargo Proposed mergers and reorganizations of certain Wells Fargo Advantage Funds® and Evergreen Funds. Pending shareholder approval, the mergers and reorganizations will take place in two phases occurring on July 9, 2010, and July 16, 2010.
July 9, 2010 Janus Name change in JANUS GLOBAL OPPORTUNITIES FUND, JANUS SMART PORTFOLIOS, JANUS MPC FUND AND JANUS ORION FUND. Effective Thursday, July 1, 2010 Janus Global Opportunities Fund has been renamed. These are fund renames only; both CUSIP and QUOTRON information will remain the same. Please note, Perkins Investment Management LLC has been appointed as sub‐adviser and the Fund’s investment objective and principal investment strategies have changed. Please reference the attached prospectus supplement for additional information.
May 1, 2010 Davis Davis, Selected and Clipper Funds’ prospectus’ will be changing their Market Timing Policy. The prospectus disclosure will read: The Funds’ Board of Directors have adopted a 30 day restriction policy with respect to the frequent purchase and redemption of shares. Under the 30 day restriction any shareholder redeeming shares from a fund will be precluded from investing in the same fund for 30 calendar days after the redemption transaction. This policy also applies to redemptions and purchases that are part of an exchange transaction. Check writing redemptions from the money market fund are excluded from this restriction, as are transactions that are part of a systematic plan.
April 27, 2010 Smart Funds Change in the management of the SMART Funds®. Hand Benefits & Trust Company is pleased to announce, effective May 1, 2010, a change in the management of the SMART Funds® series of collective investment funds.
Feb. 12, 2010 Dreyfus Dreyfus Small Cap Value Fund Name Change. Dreyfus has changed the name of the Dreyfus Small Cap Value Fund to the Dreyfus Small Cap Fund. Tickers and CUSIPs for this fund remain the same across all share classes. This change is being made by BPAS with no action required on the part of plan sponsors or participants.
Jan. 15, 2010 Federated Federated Stock Trust Name Change. Federated renames Federated Stock Trust (FSTKX) effective January 29, 2010 and will begin offering a Service Share (SS) class and an Institutional Share (IS) Class.
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