article thumbnail

Blackstone secures SEC approval for new multi-asset credit fund targeting individual investors

Private Equity Insights

Structured as an interval fund, BMACX will permit daily subscriptions and provide quarterly liquidity of up to 5% of net asset value (NAV), subject to board discretion. The funds fee model includes an annual management fee of 0.75% and a 12.5% The minimum investment requirement starts at $2,500, varying by share class.

article thumbnail

Charles Schwab Tops Q2 Estimates Thanks to Management Fees, Despite Interest Income

The Motley Fool

But, net customer gains mean it's at least generating more management fee revenue now than it was at this point in 2022. The big bright spot from last quarter's results was that asset management fees grew from a little more than $1 billion during Q2 2022 to nearly $1.2 It's also earning less interest income.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Nasdaq Sell-Off: 3 Top Dividend Stocks I Plan to Buy if the Nasdaq Keeps Falling

The Motley Fool

That sell-off has pu shed the asset manager's dividend yi el d up over 5%. Its assets under management ( AUM ) rose 11.2% The growth in AUM, which generates rising management fee income, helped drive a more than 20% increase in its earnings per share last year. A correction-driven speed bump Shares of T.

article thumbnail

Why I Backed Up the Truck and Just Bought a Lot More of This Magnificent High-Yield Dividend Stock in My Retirement Account

The Motley Fool

This strategy will enable the REIT to earn management-fee income. Its new asset management platform should also bolster the company's valuation since asset managers trade at a premium to REITs (24.3 As a result, it could grow its adjusted FFO per share faster in the future. for the average REIT and 15.3x

article thumbnail

Main Street Capital (MAIN) Q4 2024 Earnings Call Transcript

The Motley Fool

I'll also provide updates on our asset management activities, our recent dividend declarations, our expectations for dividends going forward, our recent investment activities and current investment pipeline, and several other noteworthy updates. We've also continued to produce favorable results in our asset management business.

Capital 130
article thumbnail

Main Street Capital (MAIN) Q3 2024 Earnings Call Transcript

The Motley Fool

We'll also provide an update on our asset management activities, our recent dividend declarations, our expectations for dividends going forward, our recent investment activities and current investment pipeline, and several other noteworthy updates. We've also continued to produce positive results for our asset management business.

Capital 130
article thumbnail

Why I Just Added This Ultra-High-Yield Dividend ETF to My Retirement Account

The Motley Fool

It certainly delivers a premium income yield these days: Data source: JPMorgan Asset Management. They vary from month to month based on the income the ETF generates: JEPQ Dividend data by YCharts The actively managed fund charges investors a fairly reasonable ETF expense ratio of 0.35%. junk bonds ).