Fiduciary/Claymore MLP Opportunity Fund (FMO) : Parkside Financial Bank Trust scooped up 136,339 additional shares in Fiduciary/Claymore MLP Opportunity Fund during the most recent quarter end , the firm said in a disclosure report filed with the SEC on May 3, 2016. The investment management firm now holds a total of 396,864 shares of Fiduciary/Claymore MLP Opportunity Fund which is valued at $5,063,985.Fiduciary/Claymore MLP Opportunity Fund makes up approximately 2.51% of Parkside Financial Bank Trust’s portfolio.
Other Hedge Funds, Including , Mariner Investment Group reduced its stake in FMO by selling 45,775 shares or 28.61% in the most recent quarter. The Hedge Fund company now holds 114,225 shares of FMO which is valued at $1,457,511. Fiduciary/Claymore MLP Opportunity Fund makes up approx 0.40% of Mariner Investment Group’s portfolio.Doliver Capital Advisors reduced its stake in FMO by selling 209,592 shares or 88.79% in the most recent quarter. The Hedge Fund company now holds 26,471 shares of FMO which is valued at $343,329. Fiduciary/Claymore MLP Opportunity Fund makes up approx 0.29% of Doliver Capital Advisors’s portfolio.
Fiduciary/Claymore MLP Opportunity Fund opened for trading at $12.64 and hit $12.82 on the upside on Tuesday, eventually ending the session at $12.72, with a gain of 0.71% or 0.09 points. The heightened volatility saw the trading volume jump to 1,46,216 shares. Company has a market cap of $210 M.
Many Wall Street Analysts have commented on Fiduciary/Claymore MLP Opportunity Fund. Fiduciary/Claymore MLP Opportunity Fund was Downgraded by BofA/Merrill to ” Underperform” on Feb 17, 2016.
Fiduciary/Claymore MLP Opportunity Fund (the Fund) is a non-diversified closed-end management investment company. The Fund’s investment objective is to provide a high level of after-tax total return with a focus on current distributions paid to shareholders. The Fund seeks to provide a vehicle through which common shareholders may invest in a portfolio of publicly traded securities of master limited partnerships (MLPs) and affiliates of MLPs that own primary interests in an MLP (MLP entities). The Fund invests at least 80% of its net assets and financial leverage (managed assets) in MLP entities and at least 65% in equity securities of MLP entities. A portion of the MLP entities in which the Fund invests are engaged in the energy natural resources and real estate sectors of the economy. It invests up to 40% of its managed assets in unregistered or restricted securities. Guggenheim Funds Investment Advisors LLC (GFIA) is the investment advisor of the Fund.