MFS VALUE 529 PORT C - MVLCX STOCK NEWS

Ameriprise Financial (NYSE: AMP) reported Q1 2023 earnings with adjusted operating EPS at $7.25, up 25% year-over-year due to strong performance in Wealth Management. GAAP net income per diluted share dropped to $3.79, a 47% decline from $7.10 in Q1 2022, reflecting market impacts on derivatives. Assets under management fell 8% to $1.2 trillion due to market depreciation, despite strong client inflows. Wealth Management adjusted operating revenue rose 11%, with a record operating margin of 31% and total client flows increasing 18% to $12.3 billion. The company returned $641 million to shareholders and announced an 8% dividend increase to $1.35 per share, highlighting solid capital management and resilience amidst market challenges.

Columbia Threadneedle Investments announced that its funds, Columbia Dividend Income Fund and Columbia Global Technology Growth Fund, received the 2023 U.S. Refinitiv Lipper Fund Awards. The awards recognize the two funds for their top performance in their respective categories over 10 years, with the technology fund noted for its best risk-adjusted returns for three consecutive years. Columbia Threadneedle manages $584 billion in assets and focuses on delivering consistent results to help clients meet financial goals.