Pacholder High Yield Fund Inc (PHF) had declared a cash dividend of $0.0450 on Feb 7, 2017. The shares will quote ex-dividend on Feb 22, 2017 and the record date has been fixed for Feb 24, 2017. Based on Feb 22, 2017 share price, the yield comes out to be 6.95%. The dividend payable date has been fixed on Feb 28, 2017.
Pacholder High Yield Fund Inc (PHF) made into the market gainers list on Wednesdays trading session with the shares advancing 0.13% or 0.01 points. Due to strong positive momentum, the stock ended at $7.85, which is also near the day’s high of $7.85. The stock began the session at $7.8 and the volume stood at 18,906 shares. The 52-week high of the shares is $7.91 and the 52 week low is $5.7. The company has a current market capitalization of $102 M and it has 1,29,96,610 shares in outstanding.
Several Insider Transactions has been reported to the SEC. On Feb 12, 2015, Inc Citigroup (10% owner) sold 939 shares at $82.75 per share price.
Pacholder High Yield Fund Inc. (the Fund) is a closed-end diversified management investment company with a leveraged capital structure. The Funds investment objective is to seek a high level of total return through current income and capital appreciation by investing primarily in high yield fixed income securities of domestic companies. The Fund invests at least 80% of the value of its assets in high yield debt securities. The Fund invests primarily in high yield fixed income securities of domestic companies. The Funds investment advisor is J.P. Morgan Investment Management Inc.