Duff & Phelps Energy MLPTotal Rtn FD Inc (NYSE:DSE), watched as a high level insider with the company upped his stake through a transaction that began last week and was officially filed today, August 18th. Director William R. Moyer acquired a total of 1,000 shares of common stock at an average price of $19.513 per share.
Following the completion of this transaction, Moyer now overall has 1,000 shares directly invested into the company. Duff & Phelps Energy MLPTotal Rtn FD Inc (NYSE:DSE), is a $481.36 million market cap company that is a non-diversified, closed-end management investment company. The Fund’s investment objective is to seek a high level of total return resulting from a combination of current tax-deferred distributions and capital appreciation. The Fund will invest at least 80% of its Managed Assets in energy MLPs.
As the company acts as its own fund, there are not any large outside investors in the company at this moment.
Disclosure: The author, Daniel Forstein, holds no positions in any stocks mentioned.