Morgan Stanley Sells 12,623 Shares of Cushing Energy Income Cf (SRF)
Morgan Stanley reduced its position in Cushing Energy Income Cf (NYSE:SRF) by 6.3% during the 3rd quarter, according to its most recent filing with the SEC. The firm owned 188,972 shares of the company’s stock after selling 12,623 shares during the quarter. Morgan Stanley’s holdings in Cushing Energy Income Cf were worth $1,744,000 as of its most recent filing with the SEC.
Shares of SRF opened at $7.46 on Friday. Cushing Energy Income Cf has a 1 year low of $5.91 and a 1 year high of $9.94.
The company also recently disclosed a monthly dividend, which will be paid on Friday, March 29th. Shareholders of record on Monday, March 18th will be paid a $0.04 dividend. The ex-dividend date is Friday, March 15th. This represents a $0.48 annualized dividend and a yield of 6.43%.
ILLEGAL ACTIVITY WARNING: This story was posted by Watch List News and is the sole property of of Watch List News. If you are accessing this story on another publication, it was illegally stolen and reposted in violation of US and international trademark and copyright law. The legal version of this story can be read at https://www.watchlistnews.com/morgan-stanley-sells-12623-shares-of-cushing-energy-income-cf-srf/2895647.html.
The Cushing Energy Income Fund is a closed ended equity mutual fund of funds launched and managed by Cushing Asset Management, LP. The fund invests in the public equity markets of North America. It seeks to invest in stocks of companies operating in the energy and energy related sectors. The fund primarily invests in securities of royalty trusts, exploration and production trusts, exploration and production master limited partnerships, and dividend paying value and growth stocks of companies across all market capitalizations.
Read More: Leveraged Buyout (LBO) Explained
Want to see what other hedge funds are holding SRF? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Cushing Energy Income Cf (NYSE:SRF).
Receive News & Ratings for Cushing Energy Income Cf Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Cushing Energy Income Cf and related companies with MarketBeat.com's FREE daily email newsletter.