THL Credit Senior Loan Fund (NYSE:TSLF), saw one of its top tier insiders raise his position with the company through two separate transactions both of which began last week on August 15th, and were officially filed today, August 19th. Portfolio Manager Brian J. Murphy purchased a total of 1,350 shares through these two filings, buying his shares at an average price of $17.72 per share. Following the completion of these two transactions, Murphy now has 950 shares indirectly invested into the company through his spouse, and directly has 4,089.61 shares involved with the fund.
Moreover, THL Credit Senior Loan Fund (NYSE:TSLF) is a $117.48 million market cap newly organized, non-diversified, closed-end management investment company. The Fund’s investment objective is to provide current income and preservation of capital primarily through investments in U.S. dollar-denominated senior secured corporate loans and notes (Bank Loans).
Finally, as the company acts as its own fund, there are no current hedge fund investors.
Disclosure: The author, Daniel Forstein, holds no positions in any stocks mentioned.
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