Guess Who Picked Jpmorgan China Region Fund Inc. (NYSE:JFC) Shares
In a just published Form 13, filed with the US Securities and Exchange Commission (SEC), Jpmorgan China Region Fund Inc. (NYSE:JFC) reported that Bulldog Investors has picked up 669,042 of common stock as of 2017-03-22.
The acquisition brings the aggregate amount owned by Bulldog Investors to a total of 669,042 representing a 10.38% stake in the company.
For those not familiar with the company, JPMorgan China Region Fund, Inc. is a non-diversified closed-end management investment company. The Fund seeks to achieve long-term capital appreciation through investments primarily in equity securities of companies with substantial assets in, or revenues derived from, the People’s Republic of China (China), Hong Kong, Taiwan and Macau, collectively, the China Region. The Fund invests in various industries, including aerospace and defense, airlines, automobiles, banks, beverages, capital markets, chemicals, commercial services and supplies, construction and engineering, diversified consumer services, diversified telecommunication services, healthcare providers and services, hotels, restaurants and leisure, independent power and renewable electricity producers, insurance, Internet software and services, leisure products, machinery, media, food and staples retailing, gas utilities and pharmaceuticals. The Fund’s investment advisor is JF International Management Inc.
A glance at Jpmorgan China Region Fund Inc. (NYSE:JFC)’s key stats reveals a current market capitalization of 115.61 Million based on 6.45 Million shares outstanding and a price at last close of $18.08 per share.
Looking at insider activity, there are a few transactions worth noting.
Specifically, on 2016-09-12, Hass picked up 1,000 at a purchase price of $17.75. This brings their total holding to 1,000 as of the date of the filing.
On the sell side, the most recent transaction saw Hass unload 1,000 shares at a sale price of $17.55. This brings their total holding to 0.
It’s possible to gauge a company’s potential by tracking the activity of its major holders, as well as checking in on insider activity such as those transactions listed above. We’ll be keeping an eye on Jpmorgan China Region Fund Inc. (NYSE:JFC) as things move forward to see if its progress aligns with these transactions.
Subscribe below and we’ll keep you on top of what’s happening before it moves markets.
Here’s Who Just Picked Up Asia Pacific Fund, Inc. (NYSE:APB) Shares
In a just published Form 13, filed with the US Securities and Exchange Commission (SEC), Asia Pacific Fund, Inc. (NYSE:APB) reported that City Of London Investment Group Plc. has picked up 4,649,247 of common stock as of 2017-03-22.
The acquisition brings the aggregate amount owned by City Of London Investment Group Plc. to a total of 4,649,247 representing a 45.0% stake in the company.
For those not familiar with the company, The Asia Pacific Fund, Inc. (the Fund) is a diversified, closed-end, management Investment Company. The Fund’s investment objective is to achieve long-term capital appreciation through investment of at least 80% of investable assets in equity securities of companies in the Asia Pacific countries. The Fund’s portfolio of investments includes banking, materials, consumer discretionary, real estate, industrials, insurance, utilities, consumer staples, semiconductors and semiconductor equipment, telecommunication services, real estate investment trusts and information technology. The Fund invests in various regions, including Hong Kong, Taiwan, Korea, China, Singapore, Malaysia, Thailand, Indonesia, Philippines, Sri Lanka, India and Vietnam. The Fund’s investment manager is Value Partners Hong Kong Limited.
A glance at Asia Pacific Fund, Inc. (NYSE:APB)’s key stats reveals a current market capitalization of 122.91 Million based on 10.34 Million shares outstanding and a price at last close of $11.99 per share.
Looking at insider activity, there are a few transactions worth noting.
Specifically, on 2015-09-01, Gunia picked up 2,300 at a purchase price of $9.97. This brings their total holding to 10,000 as of the date of the filing.
On the sell side, the most recent transaction saw Downey unload 2,400 shares at a sale price of $6.35. This brings their total holding to 14,600.
It’s possible to gauge a company’s potential by tracking the activity of its major holders, as well as checking in on insider activity such as those transactions listed above. We’ll be keeping an eye on Asia Pacific Fund, Inc. (NYSE:APB) as things move forward to see if its progress aligns with these transactions.
Subscribe below and we’ll keep you on top of what’s happening before it moves markets.
Here’s Who Just Picked Up Blackrock Muniyield Investment Fund (NYSE:MYF) Shares
In a just published Form 13, filed with the US Securities and Exchange Commission (SEC), Blackrock Muniyield Investment Fund (NYSE:MYF) reported that Morgan Stanley has picked up 801,302 of common stock as of 2017-02-13.
The acquisition brings the aggregate amount owned by Morgan Stanley Funds to a total of 801,302 representing a 5.8% stake in the company.
For those not familiar with the company, BlackRock MuniYield Investment Fund (the Fund) is a non-diversified, closed-end management investment company. The Fund’s investment objective is to provide shareholders with as high a level of current income exempt from federal income taxes as is consistent with its investment policies and prudent investment management. The Fund seeks to achieve its investment objective by investing at least 80% of its assets in municipal obligations exempt from federal income taxes (except that the interest may be subject to the federal alternative minimum tax). Under normal market conditions, the Fund primarily invests in municipal bonds that are investment grade quality at the time of investment. The Fund may invest up to 20% of its total assets in securities rated below investment grade or deemed equivalent at the time of purchase. The Fund may invest directly in such securities or synthetically through the use of derivatives. BlackRock Advisors, LLC is the investment advisor of the Fund.
A glance at Blackrock Muniyield Investment Fund (NYSE:MYF)’s key stats reveals a current market capitalization of 209.72 million based on 13.63 million shares outstanding and a price at last close of $15.36 per share.
Looking at insider activity, there are a few transactions worth noting.
Specifically, on 2015-10-16, Castellano picked up 1,000 at a purchase price of $15.18. This brings their total holding to 1,000 as of the date of the filing.
On the sell side, the most recent transaction saw Gabbay unload 100 shares at a sale price of $15.60. This brings their total holding to 0.
It’s possible to gauge a company’s potential by tracking the activity of its major holders, as well as checking in on insider activity such as those transactions listed above. We’ll be keeping an eye on Blackrock Muniyield Investment Fund (NYSE:MYF) as things move forward to see if its progress aligns with these transactions.
Subscribe below and we’ll keep you on top of what’s happening before it moves markets.