Cushing Renaissance Fund (NYSE:SZC) Institutional Investor Sentiment Analysis

June 20, 2017 - By Richard Conner

 Cushing Renaissance Fund (NYSE:SZC) Institutional Investor Sentiment Analysis

Sentiment for Cushing Renaissance Fund (NYSE:SZC)

Cushing Renaissance Fund (NYSE:SZC) institutional sentiment increased to 1.71 in 2016 Q4. Its up 0.08, from 1.63 in 2016Q3. The ratio improved, as 12 investment professionals opened new and increased holdings, while 7 sold and decreased equity positions in Cushing Renaissance Fund. The investment professionals in our partner’s database now own: 1.37 million shares, up from 1.28 million shares in 2016Q3. Also, the number of investment professionals holding Cushing Renaissance Fund in their top 10 holdings was flat from 0 to 0 for the same number . Sold All: 3 Reduced: 4 Increased: 7 New Position: 5.

The Cushing Renaissance Fund is a non-diversified, closed-end management investment company. The company has market cap of $100.51 million. The Fund’s investment objective is to seek a high total return with an emphasis on current income. It currently has negative earnings. It seeks to achieve its investment objective by investing at least 80% of its managed assets in upstream, midstream and downstream energy companies, as well as gas and oil services companies; chemical, metal and industrial and manufacturing companies; engineering and construction companies, and transportation and logistics companies.

About 5,134 shares traded. Cushing Renaissance Fund (NYSE:SZC) has 0.00% since June 20, 2016 and is . It has underperformed by 16.70% the S&P500.

Bulldog Investors Llc holds 2.66% of its portfolio in Cushing Renaissance Fund for 598,826 shares. Thomas J. Herzfeld Advisors Inc. owns 12,905 shares or 0.1% of their US portfolio. Moreover, Advisors Asset Management Inc. has 0.09% invested in the company for 318,250 shares. The Pennsylvania-based Tfs Capital Llc has invested 0.05% in the stock. Raymond James Trust N.A., a Florida-based fund reported 23,581 shares.#img1#

More news for Cushing Renaissance Fund (NYSE:SZC) were recently published by: Gurufocus.com, which released: “Cushing® Renaissance Fund Announces Monthly Distribution” on June 01, 2017. Prnewswire.com‘s article titled: “Cushing® Renaissance Fund Announces Quarterly Distributions and Additions to …” and published on November 29, 2012 is yet another important article.

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.