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Evergreen Utility Adds Telecom to Fund's Name

 

Evergreen Funds said Thursday that it is changing the name of its $500 million (EVUAX Quote)Evergreen Utility fund to Evergreen Utility and Telecommunications fund.

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Chief Investment Officer Dennis Ferro said that the name change addresses changes in the securities markets and industry definitions and does not signal a change in the fund's management team or investment strategy. ...

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