Duff & Phelps Utility & Corporate Bond Trust
DUC
DUC was delisted on the 5th of March, 2021.
41 hedge funds and large institutions have $118M invested in Duff & Phelps Utility & Corporate Bond Trust in 2018 Q3 according to their latest regulatory filings, with 8 funds opening new positions, 9 increasing their positions, 11 reducing their positions, and 7 closing their positions.
14% more first-time investments, than exits
New positions opened: 8 | Existing positions closed: 7
3% more funds holding
Funds holding: 40 → 41 (+1)
1% more capital invested
Capital invested by funds: $117M → $118M (+$1.45M)
18% less repeat investments, than reductions
Existing positions increased: 9 | Existing positions reduced: 11
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KIM
Karpus Investment Management
Pittsford,
New York
|
+$2.28M |
| 2 |
BI
Bulldog Investors
Saddle Brook,
New Jersey
|
+$2.03M |
| 3 |
Wells Fargo
San Francisco,
California
|
+$1.04M |
| 4 |
IA
Icon Advisers
Greenwood Village,
Colorado
|
+$659K |
| 5 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
+$641K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
-$1.68M |
| 2 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
-$196K |
| 3 |
1CP
1607 Capital Partners
Richmond,
Virginia
|
-$116K |
| 4 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$52.5K |
| 5 |
CA
Cetera Advisors
Denver,
Colorado
|
-$43K |
DUC Hedge Fund Activity: Q3 2018 in Review
41 of the 4,391 institutional investors tracked by Wall St. Rank reported a position in Duff & Phelps Utility & Corporate Bond Trust (DUC) for Q3 2018, worth a combined $118M — up 1.2% from $117M a quarter earlier.
Buyers outnumbered sellers: 8 funds opened new DUC positions and 7 closed out — a net gain of 1 holder — while 9 added to existing stakes and 11 trimmed.
The largest buyer was Karpus Investment Management, adding an estimated $2.28M. The largest seller was Sit Investment Associates, cutting an estimated $1.68M.
- 41 institutional investors held Duff & Phelps Utility & Corporate Bond Trust (DUC) as of Q3 2018, up from 40 in Q2 2018.
- Funds reported $118M of Duff & Phelps Utility & Corporate Bond Trust stock for Q3 2018, up 1.2% quarter-over-quarter.
- 8 funds opened new Duff & Phelps Utility & Corporate Bond Trust positions in Q3 2018 and 7 closed out, a net change of +1 holder.
- The largest Duff & Phelps Utility & Corporate Bond Trust buyer in Q3 2018 was Karpus Investment Management, an estimated $2.28M added.
- The largest Duff & Phelps Utility & Corporate Bond Trust seller in Q3 2018 was Sit Investment Associates, an estimated $1.68M sold.
Based on aggregated 13F filings for Q3 2018.