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Post by xray on Nov 3, 2021 10:38:34 GMT
Another new CEF [floating rate/CLO] to look at and analyze. Some of us have just started to look at this particular CEF when their NAV was 8.33 and a MktPrc of 9.19. Haven't got all of the data in yet but thought enough it that some of us started a phase "0" position [0-2%]....
Pays a dividend of >9% [>10.52% on NAV] currently. Computers indicate that last large insider MktBuy was for 250,000sh @ 8.50. Their next x-div is 11/15 [pay 12/1] and 11/17 is being shown as next earnings change....
Seeking Alpha has a good write up on this CEF and interesting parties can get some additional information there....
Won't have the full analysis picture until this weekend....
Live Long and Prosper....
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Post by anitya on Nov 4, 2021 6:44:36 GMT
Another new CEF [floating rate/CLO] to look at and analyze. Some of us have just started to look at this particular CEF when their NAV was 8.33 and a MktPrc of 9.19. Haven't got all of the data in yet but thought enough it that some of us started a phase "0" position [0-2%].... Pays a dividend of >9% [>10.52% on NAV] currently. Computers indicate that last large insider MktBuy was for 250,000sh @ 8.50. Their next x-div is 11/15 [pay 12/1] and 11/17 is being shown as next earnings change.... Seeking Alpha has a good write up on this CEF and interesting parties can get some additional information there.... Won't have the full analysis picture until this weekend.... Live Long and Prosper.... I think this is what you are referring to which was a purchase in July by the CEO of 29,500 shares for a total purchase price of $250K (not 250K shares) - www.sec.gov/Archives/edgar/data/0001703079/000171821821000001/xslF345X03/primary_doc.xmlTotal 2021 insider purchases were fewer than 30K shares, if one does not count dividend reinvestments. |
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Post by xray on Nov 4, 2021 10:22:13 GMT
anitya, Interesting.... My computer system continues to show what I posted and I will have to go back into the system to check. Hopefully, it was not changed at the source, and if it was, it might be something to be concerned about [or not since it was before the current market sector change].... Thanks for the input.... Live Long and Prosper....
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Post by anitya on Nov 4, 2021 17:42:50 GMT
By source if you are referring to SEC filings, a filer can only file amended form 4s but would not be able to just change the original form 4. There was no amended Form 4 filed.
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Post by xray on Nov 5, 2021 7:46:56 GMT
anitya, I don't use the normal sources like you do [official releases]. I use normal pre releases and pre-insider information. It appears that the number of shares involved was "taken off" like so many others that I talk about. Sometimes they show a modification and sometimes they don't. This is one of those cases [again] where something is going on [plus or minus]..... Data remains positive.... Thanks again for the input.... Live Long and Prosper....
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Post by xray on Nov 5, 2021 19:40:32 GMT
anitya, Your: By source if you are referring to SEC filings, a filer can only file amended form 4s but would not be able to just change the original form 4. There was no amended Form 4 filed. A example of why the filings are sometimes late information to investors, take a look at both GLO and GLQ where their amendment3 for beneficial interest was changed [10/18].... Live Long and Prosper....
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Post by anitya on Nov 6, 2021 19:33:10 GMT
anitya , Your: By source if you are referring to SEC filings, a filer can only file amended form 4s but would not be able to just change the original form 4. There was no amended Form 4 filed. A example of why the filings are sometimes late information to investors, take a look at both GLO and GLQ where their amendment3 for beneficial interest was changed [10/18].... Live Long and Prosper.... I would be interested to see an amended form 4 for XFLT, increasing the original form 4 buys. Please keep us posted. |
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