JP Wealth Management Increases SRH Total Return Fund Stake to 19% of Portfolio with $3.9 Million Purchase

JP Wealth Management increased its position in the SRH Total Return Fund (BIF) by 219,432 shares, valued at $3.94 million. The total value of the position rose $4.55 million over the quarter, and the stake now represents 19.34% of JP Wealth Management's reportable U.S. equity assets. The fund's holdings are diversified, with a focus on value-oriented equity and fixed-income investments, and it currently trades around $18.26 despite a net asset value north of $23, putting the discount near 21%.