AMERICAN BEACON ADVISORS, INC. purchased 5000.0% of their position (500K shares) of AMERICAN BEACON SOUND POINT ENHANCED INCOME FUND on the open market
Open‑market purchase worth $5.00M — a major conviction buy. The strongest form of insider conviction signal.
P · 1 purchase
Filed: 7/5/2018ACC: 0000908758-18-000002
→
10% Owner
Since Jul 2018
+500K
Net shares
Net buyer
$5.00M
Total acquired
1
Open market trades
1B · 0S
1
Total transactions
500K acquired
Non-Derivative Transactions1
Shares of beneficial interest
Direct
Shares
+500K
Price / share
$10.00
Trade value
$5M
% of position
5000.0%
7/2/2018
10K→510K
Total
Net shares
+500K
Net value
$5M
| Security | Date | Type | Shares | Price / Share | Trade Value | % of Position | Held Before | Held After |
|---|---|---|---|---|---|---|---|---|
| Shares of beneficial interest Direct | 7/2/2018 | P · Purchase | +500K | $10.00 | $5M | 5000.0% | 10K | 510K |
| Total | +500K | $5M | ||||||
Derivative Transactions0
No derivative transactions reported