LMP Corporate Loan Fund Inc. Closed-End Fund (NYSE:TLI) Stock Crosses Above 50-Day Moving Average of $9.61

LMP Corporate Loan Fund Inc. Closed-End Fund (NYSE:TLI) passed above its 50 day moving average during trading on Friday . The stock has a 50 day moving average of $9.61 and traded as high as $9.68. LMP Corporate Loan Fund Inc. Closed-End Fund shares last traded at $9.66, with a volume of 367 shares changing hands.

The company’s 50 day moving average is $9.61.

An institutional investor recently raised its position in LMP Corporate Loan Fund Inc. Closed-End Fund stock. Park Avenue Securities LLC lifted its position in LMP Corporate Loan Fund Inc. Closed-End Fund (NYSE:TLI) by 13.0% in the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 29,276 shares of the investment management company’s stock after buying an additional 3,360 shares during the quarter. Park Avenue Securities LLC owned about 0.29% of LMP Corporate Loan Fund Inc. Closed-End Fund worth $280,000 as of its most recent filing with the SEC. Hedge funds and other institutional investors own 39.84% of the company’s stock.

LMP Corporate Loan Fund Inc. Closed-End Fund Company Profile (NYSE:TLI)

Western Asset Corporate Loan Fund Inc is a closed ended fixed income mutual fund launched and managed by Legg Mason Partners Fund Advisor, LLC. It is co-managed by Western Asset Management. The fund invests in the public fixed income markets across the globe. It invests in securities of companies operating across diversified sectors.

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