Cushing Energy Income Fund (SRF) : Hefren-tillotson has sold out all of its stake in Cushing Energy Income Fund during the most recent quarter, according to the disclosure filed by the company on May 2, 2016 with the SEC. The investment management company has sold out 800 shares of Cushing Energy Income Fund which is valued at $7,184.
Other Hedge Funds, Including , Jfs Wealth Advisors added SRF to its portfolio by purchasing 200 company shares during the most recent quarter which is valued at $1,802.
The Cushing Energy Income Fund formerly The Cushing Royalty & Income Fund is a non-diversified closed-end management investment company. The Fund’s investment objective is to seek a high total return with an emphasis on current income. The Fund seeks to achieve its investment objective by investing under normal market conditions at least 80% of its net assets plus any borrowings for investment purposes in public and private securities of energy trusts exploration and production master limited partnerships and securities of other companies based in North America; up to 25% of its managed assets in unregistered or otherwise restricted securities including securities issued by private companies; up to 25% of its managed assets in debt securities preferred shares and convertible securities of energy companies and other issuers and up to 20% of its managed assets in securities of companies that are not energy companies. Cushing Asset Management LP is the manager of the Fund.