LMP Corporate Loan Fund (TLI) : Dean Investment Associates scooped up 4,112 additional shares in LMP Corporate Loan Fund during the most recent quarter end , the firm said in a disclosure report filed with the SEC on Aug 3, 2016. The investment management firm now holds a total of 510,393 shares of LMP Corporate Loan Fund which is valued at $5,394,854.LMP Corporate Loan Fund makes up approximately 1.02% of Dean Investment Associates’s portfolio.
Other Hedge Funds, Including , Mariner Investment Group reduced its stake in TLI by selling 78,512 shares or 25.39% in the most recent quarter. The Hedge Fund company now holds 230,685 shares of TLI which is valued at $2,438,340. LMP Corporate Loan Fund makes up approx 0.79% of Mariner Investment Group’s portfolio. Huntington National Bank sold out all of its stake in TLI during the most recent quarter. The investment firm sold 57,975 shares of TLI which is valued $612,216.Msi Financial Services Inc boosted its stake in TLI in the latest quarter, The investment management firm added 996 additional shares and now holds a total of 4,070 shares of LMP Corporate Loan Fund which is valued at $42,979.
LMP Corporate Loan Fund Inc. is a non-diversified closed-end management investment company. The Funds investment objective is to maximize current income consistent with prudent efforts to preserve capital. The Fund invests primarily in floating- or variable-rate collateralized senior loans to corporations partnerships or other business entities operating in various industries and geographic regions. Under normal market conditions the Fund invests at least 80% of total assets in collateralized senior loans. The Fund may also invest up to 20% of total assets in uncollateralized senior loans; investment and non-investment grade corporate debt securities; U.S. government debt; money market instruments; derivatives designed to hedge risks inherent in the Funds portfolio; and certain other securities received in connection with investments in collateralized senior loans. Legg Mason Partners Fund Advisor LLC (LMPFA) is the Funds investment manager.