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LMP Corporate Loan Fund Has Returned 13.7% Since SmarTrend Recommendation (TLI)
Jan 17, 2013 (SmarTrend(R) Spotlight via COMTEX) --
SmarTrend identified an Uptrend for LMP Corporate Loan Fund (NYSE:TLI) on December 6th, 2011 at $11.53. In approximately 14 months, LMP Corporate Loan Fund has returned 13.70% as of today's recent price of $13.11.
Over the past year, LMP Corporate Loan Fund has traded in a range of $11.31 to $13.66 and is now at $13.11, 16% above that low. In the last five trading sessions, the 50-day moving average (MA) has remained constant while the 200-day MA has remained constant.
LMP Corporate Loan Fund Inc is a non-diversified, closed-end management investment company incorporated in the USA. The Fund's objective is to maximize current income. The Fund invests primarily in a professionally managed portfolio of interest in floating or variable rate senior secured corporate loans.
SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any shifts in the trajectory of LMP Corporate Loan Fund shares.Log in and add LMP Corporate Loan Fund (TLI) to your watchlist today so you can receive a real-time alert when the shares are about to change trend.
Write to Chip Brian at cbrian@mysmartrend.com
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SmarTrend analyzes over 5,000 securities simultaneously throughout the trading day and provides its subscribers with trend change alerts in real time. To get a free trial of our trading calls and maximize your trading results, please visit http://www.MySmarTrend.com
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