The New Ireland Fund (IRL) : Jbf Capital scooped up 16,089 additional shares in The New Ireland Fund during the most recent quarter end , the firm said in a disclosure report filed with the SEC on Aug 8, 2016. The investment management firm now holds a total of 45,075 shares of The New Ireland Fund which is valued at $543,154.The New Ireland Fund makes up approximately 0.07% of Jbf Capital’s portfolio.
Other Hedge Funds, Including , Dana Investment Advisors reduced its stake in IRL by selling 940 shares or 3.89% in the most recent quarter. The Hedge Fund company now holds 23,228 shares of IRL which is valued at $275,252. The New Ireland Fund makes up approx 0.01% of Dana Investment Advisors’s portfolio.Msi Financial Services Inc boosted its stake in IRL in the latest quarter, The investment management firm added 4,250 additional shares and now holds a total of 5,106 shares of The New Ireland Fund which is valued at $60,516.James Investment Research Inc reduced its stake in IRL by selling 23,559 shares or 67.53% in the most recent quarter. The Hedge Fund company now holds 11,326 shares of IRL which is valued at $136,478.
The New Ireland Fund Inc. is a non-diversified closed-end management investment company. The Fund’s investment objective is long-term capital appreciation through investment primarily in equity securities of Irish companies. The Fund is designed for United States and other investors who wish to participate in the Irish securities markets. The Fund seeks to invest at least 80% of its total assets in Irish equity and fixed income securities. The Fund seeks to invest at least 65% of the Fund’s total assets in equity securities of issuers organized under the laws of Ireland. The Fund seeks to invest the remaining 20% of its assets in other types of securities including equity and debt securities of issuers from across the world. The Fund may also invest up to 25% of its assets in equity securities that are not listed on any securities exchange. Kleinwort Benson Investors International Ltd. is the investment adviser of the Fund.