November 25, 2016 - By Darrin Black
As reported in an electronic document submitted to the DC-based SEC on 25/11/2016, Bulldog Investors – Llc an insider in Pacholder High Yield Fund Inc, picked up shares worth $26,912 US Dollars in the Pinksheet-listed company. Bulldog Investors – Llc acquired 3,843 new shares, at average $7.0 per share. Bulldog Investors – Llc now indirectly holds 983149 shares. The insider also directly holds 0 shares. In total he holds a stake of 10%+.
Insitutional Activity: The institutional sentiment decreased to 0.73 in 2016 Q2. Its down 1.44, from 2.17 in 2016Q1. The ratio worsened, as 4 funds sold all Pacholder High Yield Fund Inc shares owned while 2 reduced positions. 4 funds bought stakes while 9 increased positions. They now own 2.75 million shares or 2.12% less from 2.81 million shares in 2016Q1.
Regions Financial holds 20,551 shares or 0% of its portfolio. Tower Capital Limited Liability Corp (Trc) reported 70 shares or 0% of all its holdings. Saba Capital Management L P holds 180,157 shares or 0.11% of its portfolio. Trust Of Vermont accumulated 0% or 3,000 shares. Wells Fargo And Mn accumulated 0% or 10,020 shares. The New Jersey-based Private Advisor Group Ltd Limited Liability Company has invested 0% in Pacholder High Yield Fund Inc (NYSEMKT:PHF). Pnc Financial Svcs Gp holds 0% or 6,327 shares in its portfolio. Morgan Stanley last reported 0% of its portfolio in the stock. Citigroup Incorporated last reported 13,751 shares in the company. Bulldog Invsts Ltd Liability Com has 1.47 million shares for 2.68% of their US portfolio. Icon Advisers last reported 0.04% of its portfolio in the stock. Karpus holds 10,000 shares or 0% of its portfolio. Savings Bank Of America De holds 0% or 300 shares in its portfolio. Thomas J Herzfeld last reported 22,075 shares in the company. Fifth Third Financial Bank holds 0% or 16,825 shares in its portfolio.
Insider Transactions: Since June 7, 2016, the stock had 2 insider purchases, and 1 sale for $33,691 net activity. $30,835 worth of Pacholder High Yield Fund Inc (NYSEMKT:PHF) was bought by Bulldog Investors – LLC on Friday, November 18.
About 13,542 shares traded hands. Pacholder High Yield Fund Inc (NYSEMKT:PHF) has risen 4.94% since April 22, 2016 and is uptrending. It has underperformed by 0.47% the S&P500.
Pacholder High Yield Fund, Inc. is a diversified, closed-end management investment company. The company has a market cap of $89.56 million. The Fund’s investment objective is to seek a high level of total return through current income and capital appreciation by investing primarily in high yield, fixed income securities of domestic companies. It currently has negative earnings. The Fund invests approximately 80% of the value of its assets in high yield debt securities.
More news for Pacholder High Yield Fund Inc (NYSEMKT:PHF) were recently published by: Businesswire.com, which released: “Pacholder High Yield Fund Announces Voluntary Redemption of All Remaining 30 ..” on November 18, 2016. Businesswire.com‘s article titled: “Pacholder High Yield Fund, Inc. Announces Final Results of Tender Offer for ..” and published on April 14, 2016 is yet another important article.
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By Darrin Black