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Do Institutional Investors Love Duff & Phelps Utility & Corporate Bond Trust Inc (NYSE:DUC)?

Sentiment for Duff & Phelps Utility & Corporate Bond Trust Inc (NYSE:DUC)

Duff & Phelps Utility & Corporate Bond Trust Inc (NYSE:DUC) institutional sentiment increased to 1.44 in 2018 Q2. Its up 0.69, from 0.75 in 2018Q1. The ratio has improved, as 13 hedge funds increased or opened new holdings, while 9 sold and reduced their equity positions in Duff & Phelps Utility & Corporate Bond Trust Inc. The hedge funds in our partner’s database now own: 13.35 million shares, up from 12.67 million shares in 2018Q1. Also, the number of hedge funds holding Duff & Phelps Utility & Corporate Bond Trust Inc in their top 10 holdings was flat from 0 to 0 for the same number . Sold All: 4 Reduced: 5 Increased: 9 New Position: 4.

Duff & Phelps Utility and Corporate Bond Trust, Inc. is a close ended fixed income mutual fund launched by Virtus Investment Partners, Inc. The company has market cap of $224.08 million. The fund is managed by Duff and Phelps Investment Management Co. It currently has negative earnings. It invests in the fixed income markets.

It closed at $8.15 lastly. It is down 8.62% since November 10, 2017 and is downtrending. It has underperformed by 24.24% the S&P500.

Karpus Management Inc. holds 1.32% of its portfolio in Duff & Phelps Utility & Corpora for 3.51 million shares. Sit Investment Associates Inc owns 3.97 million shares or 0.89% of their US portfolio. Moreover, 1607 Capital Partners Llc has 0.63% invested in the company for 1.25 million shares. The Connecticut-based Mark Sheptoff Financial Planning Llc has invested 0.03% in the stock. Icon Advisers Inc Co, a Colorado-based fund reported 34,756 shares.

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