Dividend & Income Fund (NYSE:DNI) Quarterly Sentiment Report

June 19, 2017 - By Hazel Jackson

 Dividend & Income Fund (NYSE:DNI) Quarterly Sentiment Report

Sentiment for Dividend & Income Fund (NYSE:DNI)

Dividend & Income Fund (NYSE:DNI) institutional sentiment decreased to 1.08 in 2016 Q4. Its down -0.17, from 1.25 in 2016Q3. The ratio dived, as 14 institutional investors opened new or increased holdings, while 13 cut down and sold positions in Dividend & Income Fund. The institutional investors in our partner’s database now possess: 2.31 million shares, down from 2.41 million shares in 2016Q3. Also, the number of institutional investors holding Dividend & Income Fund in their top 10 holdings was flat from 1 to 1 for the same number . Sold All: 4 Reduced: 9 Increased: 8 New Position: 6.

Dividend and Income Fund is a non-diversified, closed end management investment company. The company has market cap of $130.98 million. The Fund’s primary investment objective is to seek high current income and capital appreciation is its secondary objective. It currently has negative earnings. It invests at least 50% of its total assets in income generating equity securities.

About 555 shares traded. Dividend And Income Fund Inc (NYSE:DNI) has risen 10.82% since June 19, 2016 and is uptrending. It has underperformed by 5.88% the S&P500.

Blue Bell Private Wealth Management Llc holds 2.79% of its portfolio in Dividend And Income Fund Inc for 386,057 shares. Doliver Capital Advisors Inc. owns 128,427 shares or 1.29% of their US portfolio. Moreover, Zuckerman Investment Group Llc has 0.26% invested in the company for 89,630 shares. The New York-based Saba Capital Management L.P. has invested 0.18% in the stock. Yakira Capital Management Inc., a Connecticut-based fund reported 29,306 shares.#img1#

More important recent Dividend And Income Fund Inc (NYSE:DNI) news were published by: Seekingalpha.com which released: “Retirees: Should You Buy Enbridge Or Enbridge Income Fund Holdings?” on June 13, 2017, also Gurufocus.com published article titled: “Duff & Phelps Global Utility Income Fund Inc. Announces Dividend and Discloses …”, Prnewswire.com published: “DNP Select Income Fund Announces Dividends And Sources Of Distribution” on June 15, 2017. More interesting news about Dividend And Income Fund Inc (NYSE:DNI) was released by: Prnewswire.com and their article: “Virtus Global Dividend & Income Fund Inc., Virtus Total Return Fund Inc …” with publication date: May 26, 2017.

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