Franklin Federal Intermediate-Term Tax-Free Income Fund underperformed its benchmark. Click here to read the full commentary.

Despite the headlines proclaiming its demise, active investment management is not going extinct - it’s evolving. Read more ...

Carolyn McPhillips is president of MFDF, formerly the Mutual Fund Directors Forum. With financial-sector deregulation on the ...

I would focus on the things that have been good in your life rather than the bad things that happen, because bad things do ...

As of April 30, 2025, Morningstar tracked around 500 US-domiciled semiliquid funds, 143 of which were interval funds.