The GraniteShares HIPS US High Income ETF, which invests in a mix of high-yield but volatile asset categories like CEFs, BDCs, mREITs, and MLPs, continues to underperform compared to a simple equal-weight blend of similar ETFs. Despite stable monthly payouts and recent price stability, long-term asset erosion and high return of capital raise doubts about the sustainability of its distributions. Additionally, the ETF suffers from low assets under management and weak liquidity, making it less attractive than building a custom portfolio of pass-through category ETFs or exploring active bond alternatives. Investors should consider these factors before investing in HIPS.
NOVAGOLD shareholders approved a transaction for New NOVAGOLD to acquire the remaining 40% interest in the Donlin Gold project from Paulson Advisers, increasing NOVAGOLD's ownership from 60% to 100%. This consolidation makes New NOVAGOLD the ultimate...
Fox Factory Holding Corp. has appointed Troy Henige as its new Chief Technology Officer (CTO) to lead the company's technology vision, strategy, and product roadmap. This new role aims to enhance innovation, connect engineering strengths across the c...
3M Company has reached a historic $7.35 billion settlement to resolve personal injury claims related to exposure to PFAS, toxic chemicals known as "forever chemicals." The settlement covers about 99% of existing claims, potentially benefiting 115,000...
The global e-learning market is projected to grow from $275.9 billion in 2026 to $506.6 billion by 2032, with a CAGR of 10.62% driven by rising internet connectivity, corporate upskilling demands, and government digital education initiatives. North A...
T. Rowe Price Group announced a quarterly dividend of $1.30 per share, payable on December 29, 2026, to shareholders recorded by December 16, 2026. The firm manages $1.86 trillion in assets, with a strong focus on retirement investments. This dividen...
