Follow The Dividend: Fiduciary/Claymore MLP Opportunity Fund (NYSE:FMO) dividends of $0.43 are projected for the near future; this is why.

Follow The Dividend: Fiduciary/Claymore MLP Opportunity Fund (NYSE:FMO) dividends of $0.43 are projected for the near future; this is why.

Fiduciary/Claymore MLP Opportunity Fund (NYSE:FMO) is expected to pay $0.43 on Nov 30, 2016. The indicated annual dividend is $1.72. Shareholders owning the stock before Nov 10, 2016 will be eligible to receive the payout. Based on Fiduciary/Claymore MLP Opportunity Fund’s current price of $14.61, the dividend is 2.95%. This dividend’s record date is Nov 15, 2016 and the announcement date is Nov 2, 2016. The stock decreased 0.48% or $0.07 on November 8, hitting $14.61. Fiduciary Claymore MLP Opportunity Fund (NYSE:FMO) has risen 37.83% since April 7, 2016 and is uptrending. It has outperformed by 33.05% the S&P500.

Fiduciary/Claymore MLP Opportunity Fund is a non-diversified, closed-end management investment company. The company has a market cap of $495.89 million. The Fund’s investment objective is to provide a high level of after-tax total return with an emphasis on current distributions paid to shareholders. It currently has negative earnings. The Fund seeks to provide a vehicle, through which its shareholders may invest in a portfolio of primarily publicly traded securities of master limited partnerships (MLPs) and related entities.

Insitutional Activity: The institutional sentiment increased to 1.1 in Q2 2016. Its up 0.49, from 0.61 in 2016Q1. The ratio improved, as 9 funds sold all Fiduciary Claymore MLP Opportunity Fund shares owned while 12 reduced positions. 7 funds bought stakes while 16 increased positions. They now own 4.87 million shares or 10.54% less from 5.45 million shares in 2016Q1.
Moreover, Blackrock Inc has 0% invested in Fiduciary Claymore MLP Opportunity Fund (NYSE:FMO) for 850 shares. Cohen And Steers holds 0% or 114,720 shares in its portfolio. Private Advisor Group Inc Ltd holds 0.01% or 27,057 shares in its portfolio. Ladenburg Thalmann Financial Services holds 0.1% of its portfolio in Fiduciary Claymore MLP Opportunity Fund (NYSE:FMO) for 465,234 shares. Glenmede Trust Na accumulated 0% or 4,000 shares. Citigroup last reported 0% of its portfolio in the stock. Pnc Fincl Group Inc Inc has 4,968 shares for 0% of their US portfolio. Signaturefd Limited Liability holds 70 shares or 0% of its portfolio. Hightower Advsr Limited Liability Corp owns 114,496 shares or 0.02% of their US portfolio. The Florida-based Lba Wealth Mgmt Limited Liability Company has invested 0% in Fiduciary Claymore MLP Opportunity Fund (NYSE:FMO). National Bank Of Montreal Can holds 0% or 970 shares in its portfolio. Coe Cap Lc accumulated 0% or 10,000 shares. Moreover, Jacobus Wealth Mgmt has 0.84% invested in Fiduciary Claymore MLP Opportunity Fund (NYSE:FMO) for 199,365 shares. Sit Inv Associates Inc owns 451,577 shares or 0.17% of their US portfolio. Gradient Limited Liability Company has 0% invested in the company for 730 shares.

FMO Company Profile

Fiduciary/Claymore MLP Opportunity Fund (the Fund) is a non-diversified, closed-end management investment company. The Fund’s investment objective is to provide a high level of after-tax total return with an emphasis on current distributions paid to shareholders. Under normal market conditions, the Fund invests at least 80% of its managed assets in master limited partnerships (MLPs) entities and at least 65% in equity securities of MLP entities. The Fund may invest up to 40% of its managed assets in unregistered or otherwise restricted securities, including up to 20% of its managed assets in securities issued by non-public companies. The Fund may invest a total of up to 25% of its managed assets in debt securities of MLP entities and non-MLP entity issuers, including securities rated below investment grade. Guggenheim Funds Investment Advisors, LLC serves as the investment adviser to the Fund. The Fund is managed by Advisory Research MLP & Energy Infrastructure team (MLP Team).

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