0001462180-13-000018.txt : 20130226
0001462180-13-000018.hdr.sgml : 20130226
20130226115521
ACCESSION NUMBER: 0001462180-13-000018
CONFORMED SUBMISSION TYPE: SC 13D/A
PUBLIC DOCUMENT COUNT: 1
FILED AS OF DATE: 20130226
DATE AS OF CHANGE: 20130226
GROUP MEMBERS: ANDREW DAKOS
GROUP MEMBERS: BROOKLYN CAPITAL MANAGEMENT LLC
GROUP MEMBERS: BULLDOG INVESTORS
GROUP MEMBERS: PHILLIP GOLDSTEIN
GROUP MEMBERS: STEVEN SAMUELS
SUBJECT COMPANY:
COMPANY DATA:
COMPANY CONFORMED NAME: DIAMOND HILL FINANCIAL TRENDS FUND, INC
CENTRAL INDEX KEY: 0000852954
IRS NUMBER: 000000000
STATE OF INCORPORATION: MD
FISCAL YEAR END: 1231
FILING VALUES:
FORM TYPE: SC 13D/A
SEC ACT: 1934 Act
SEC FILE NUMBER: 005-41158
FILM NUMBER: 13641555
BUSINESS ADDRESS:
STREET 1: C/O DIAMOND HILL CAPITAL MANAGEMENT, INC
STREET 2: 325 JOHN H MCCONNELL BLVD, SUITE 200
CITY: COLUMBUS
STATE: OH
ZIP: 43215
BUSINESS PHONE: 614-255-3333
MAIL ADDRESS:
STREET 1: C/O DIAMOND HILL CAPITAL MANAGEMENT, INC
STREET 2: 325 JOHN H MCCONNELL BLVD, SUITE 200
CITY: COLUMBUS
STATE: OH
ZIP: 43215
FORMER COMPANY:
FORMER CONFORMED NAME: FINANCIAL TRENDS FUND, INC
DATE OF NAME CHANGE: 20071120
FORMER COMPANY:
FORMER CONFORMED NAME: JOHN HANCOCK FINANCIAL TRENDS FUNDS INC
DATE OF NAME CHANGE: 20010717
FORMER COMPANY:
FORMER CONFORMED NAME: SOUTHEASTERN THRIFT & BANK FUND INC
DATE OF NAME CHANGE: 19920703
FILED BY:
COMPANY DATA:
COMPANY CONFORMED NAME: Bulldog Investors
CENTRAL INDEX KEY: 0001462180
IRS NUMBER: 000000000
FILING VALUES:
FORM TYPE: SC 13D/A
BUSINESS ADDRESS:
STREET 1: PARK 80 WEST PLAZA TWO
STREET 2: SUITE 750
CITY: SADDLE BROOK
STATE: NJ
ZIP: 07663
BUSINESS PHONE: 201 556-0092
MAIL ADDRESS:
STREET 1: PARK 80 WEST PLAZA TWO
STREET 2: SUITE 750
CITY: SADDLE BROOK
STATE: NJ
ZIP: 07663
SC 13D/A
1
thirda.txt
SCHEDULE 13D/A
DATE OF EVENT WHICH REQUIRES FILING OF THIS STATEMENT
02/22/13
1. NAME OF REPORTING PERSON
Bulldog Investors, Brooklyn Capital Management,
Phillip Goldstein, Andrew Dakos, Steven Samuels
2. CHECK THE BOX IF MEMBER OF A GROUP a[X]
b[]
3. SEC USE ONLY
4. SOURCE OF FUNDS
WC
5. CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED
PURSUANT TO ITEMS 2(d) AND 2(e) []
6. CITIZENSHIP OR PLACE OF ORGANIZATION
USA
___________________________________________________________
7. SOLE VOTING POWER
1,401,037
8. SHARED VOTING POWER
0
9. SOLE DISPOSITIVE POWER
1,401,037
_______________________________________________________
10. SHARED DISPOSITIVE POWER
0
11. AGGREGATE AMOUNT OWNED BY EACH REPORTING PERSON
1,401,037
12. CHECK IF THE AGGREGATE AMOUNT EXCLUDES CERTAIN SHARES
[]
___________________________________________________________
13. PERCENT OF CLASS REPRESENTED BY ROW 11
35.31
14. TYPE OF REPORTING PERSON
IA
_______________________________________________________
Item 1. SECURITY AND ISSUER
This statement constitutes Amendment #16 to the schedule 13d
filed January 13, 2012. Except as specifically set forth
herein, the Schedule 13d remains unmodified.
ITEM 5. INTEREST IN SECURITIES OF THE ISSUER
As per the DEF14A filed on January 9, 2013 there were 3,968,124 shares
of common stock outstanding as of 12/31/2012.
Phillip Goldstein, Andrew Dakos and Steven Samuels own Brooklyn Capital
Management, LLC (BCM), a registered investment advisor. As of February 25,
2013, BCM is deemed to be the beneficial owner of 1,401,037 shares of DHFT
(representing 35.31% of DHFT's outstanding shares) solely by virtue of BCM's
power to direct the vote of, and dispose of, these shares. These 1,401,037
shares of DHFT include 903,580 shares (representing 22.77% of DHFT's
outstanding shares) that are beneficially owned by the following entities
over which Messrs. Goldstein, Dakos and Mr. Samuels exercise control:
Opportunity Partners LP, Calapasas West Partners, LP, Full Value Special
Situations Fund, LP, Full Value Offshore Fund, Ltd., Full Value Partners, LP,
Opportunity Income Plus, LP, and MCM Opportunity Partners, LP (collectively,
Bulldog Investors). Bulldog Investors may be deemed to constitute a group.
All other shares included in the aforementioned 1,401,037 shares of DHFT
beneficially owned by BCM (solely by virtue of its power to sell or direct
the vote of these shares) are also beneficially owned by clients of BCM who
are not members of any group. The total number of these "non-group" shares is
497,457 shares (representing 12.54% of DHFT's outstanding shares).
c) Since the last filing on 2/21/13 the following shares were purchased:
Date: Shares: Price:
02/22/13 46,800 12.8358
02/22/13 1,800 12.8000
02/25/13 200 12.7500
d) Beneficiaries of managed accounts are entitled to receive any
dividends or sales proceeds.
e) NA
ITEM 6. CONTRACTS,ARRANGEMENTS,UNDERSTANDINGS OR RELATIONSHIPS
WITH RESPECT TO SECURITIES OF THE ISSUER.
None.
ITEM 7. MATERIAL TO BE FILED AS EXHIBITS
None
After reasonable inquiry and to the best of my knowledge
and belief, I certify that the information set forth in this
statement is true, complete and correct.
Dated: 02/26/2013
By: /s/ Phillip Goldstein
Name: Phillip Goldstein
By: /S/ Andrew Dakos
Name: Andrew Dakos
By: /S/ Steven Samuels
Name: Steven Samuels