Pacholder High Yield Fund Inc (NYSE:PHF) major shareholder Bulldog Investors, Llc sold 17,327 shares of the business’s stock in a transaction that occurred on Wednesday, July 27th. The shares were sold at an average price of $7.19, for a total value of $124,581.13. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Large shareholders that own 10% or more of a company’s stock are required to disclose their sales and purchases with the SEC.
Bulldog Investors, Llc also recently made the following trade(s):
- On Monday, July 25th, Bulldog Investors, Llc sold 19,179 shares of Pacholder High Yield Fund stock. The shares were sold at an average price of $7.24, for a total value of $138,855.96.
- On Thursday, July 21st, Bulldog Investors, Llc sold 4,105 shares of Pacholder High Yield Fund stock. The stock was sold at an average price of $7.27, for a total transaction of $29,843.35.
- On Tuesday, July 19th, Bulldog Investors, Llc sold 7,975 shares of Pacholder High Yield Fund stock. The stock was sold at an average price of $7.23, for a total transaction of $57,659.25.
Shares of Pacholder High Yield Fund Inc (NYSE:PHF) traded down 1.11% during trading on Thursday, reaching $7.10. 38,407 shares of the company were exchanged. The firm has a 50-day moving average price of $7.12 and a 200-day moving average price of $6.53. Pacholder High Yield Fund Inc has a 1-year low of $5.60 and a 1-year high of $7.31.
Pacholder High Yield Fund, Inc (Fund) is a diversified, closed-end management investment company. 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.
