The Bulldog Investors, Llc Purchases 50,000 Shares of KOREA EQUITY FD (KEF) Stock, Report finds

The Bulldog Investors, Llc Purchases 50,000 Shares of KOREA EQUITY FD (KEF) Stock, Report finds

KOREA EQUITY FD (NYSE:KEF) opened at 8.17 on Monday. KOREA EQUITY FD has a 1-year low of $6.79 and a 1-year high of $8.73. The stock has a 50 day moving average of $7.86 and a 200-day moving average of $7.97.

KOREA EQUITY FD (NYSE:KEF) major shareholder Bulldog Investors, Llc bought 50,000 shares of the business’s stock in a transaction dated Wednesday, February 8th. The stock was purchased at an average price of $8.14 per share, with a total value of $407,000.00. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link. Major shareholders that own 10% or more of a company’s stock are required to disclose their sales and purchases with the SEC.

KOREA EQUITY FD Company Profile

Korea Equity Fund, Inc is a non-diversified, closed-end management investment company. The Fund’s investment objective is to seek long-term capital appreciation through investments primarily in equity securities of South Korean companies. Under normal circumstances, the Fund will invest approximately 80% of its total assets in such securities.

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