13D Activist Fund Class I (DDDIX)
13D Activist Fund Class I operates in the Asset Management industry of the Financial Services sector, headquartered in Cincinnati, OH, US. The stock last traded at $28.39, up 0.42% on the session, giving a market capitalisation of $120.0M. Its beta of 1.16 implies it has historically moved more than the broad market.
This fund primarily allocates capital to common equity securities of U.S. corporations, encompassing those of any market capitalization, which are currently subject to shareholder activism. The advisor defines an activist as any investor holding more than a 5% stake in a company who either possesses a documented history of activist strategies, or has openly articulated specific objectives for transformation. These objectives might include, but are not limited to, seeking board representation, enhancing operational performance or corporate governance, advocating for a merger, divesting a business segment, or initiating the sale of substantial company holdings. The fund maintains a non-diversified investment approach.
13D Activist Fund Class I is most often compared with the following Financial Services names: