Insider Buying: LMP Corporate Loan Fund CEO Purchases 1,000 Shares of Stock (TLI)
LMP Corporate Loan Fund (NYSE:TLI) CEO Kenneth Fuller bought 1,000 shares of LMP Corporate Loan Fund stock in a transaction dated Tuesday, December 31st. The shares were purchased at an average price of $12.20 per share, for a total transaction of $12,200.00. Following the acquisition, the chief executive officer now directly owns 1,000 shares of the company’s stock, valued at approximately $12,200. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link.
Shares of LMP Corporate Loan Fund (NYSE:TLI) traded up 0.57% during mid-day trading on Tuesday, hitting $12.3301. 51,429 shares of the company’s stock traded hands. LMP Corporate Loan Fund has a one year low of $11.46 and a one year high of $14.67. The stock has a 50-day moving average of $12.00 and a 200-day moving average of $12.27.
LMP Corporate Loan Fund Inc is a non-diversified, closed-end management investment company. Its investment objective is to maximize current income consistent with efforts to preserve capital.
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