You can access the original SEC filing by clicking here.
Ownership Summary Table
| Name | Sole Voting Power | Shared Voting Power | Sole Dispositive Power | Shared Dispositive Power | Aggregate Amount Owned Power | Percent of Class |
|---|---|---|---|---|---|---|
| Bulldog Investors | 153,530 | 224,326 | 153,530 | 224,326 | 5.09% | |
| Phillip Goldstein | 153,530 | 224,326 | 153,530 | 224,326 | 5.09% | |
| Andrew Dakos | 153,530 | 224,326 | 153,530 | 224,326 | 5.09% | |
| Steven Samuels | 153,530 | 224,326 | 153,530 | 224,326 | 5.09% |
Follow Phillip Goldstein, Andrew Dakos, And Rajeev Das's Bulldog Investors
Page 1 of 2 – SEC Filing
SCHEDULE 13D/A
DATE OF EVENT WHICH REQUIRES FILING OF THIS STATEMENT
8/4/17
1. NAME OF REPORTING PERSON
Bulldog Investors, LLC
2. CHECK THE BOX IF MEMBER OF A GROUP a[ ]
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
DE
___________________________________________________________
7. SOLE VOTING POWER
153,530
8. SHARED VOTING POWER
224,326
9. SOLE DISPOSITIVE POWER
153,530
_______________________________________________________
10. SHARED DISPOSITIVE POWER
224,326
11. AGGREGATE AMOUNT OWNED BY EACH REPORTING PERSON
377,856 (Footnote 1)
12. CHECK IF THE AGGREGATE AMOUNT EXCLUDES CERTAIN SHARES
[]
___________________________________________________________
13. PERCENT OF CLASS REPRESENTED BY ROW 11
5.09%
14. TYPE OF REPORTING PERSON
IA
___________________________________________________________
1. NAME OF REPORTING PERSON
Phillip Goldstein
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
153,530
8. SHARED VOTING POWER
224,326
9. SOLE DISPOSITIVE POWER
153,530
_______________________________________________________
10. SHARED DISPOSITIVE POWER
224,326
11. AGGREGATE AMOUNT OWNED BY EACH REPORTING PERSON
377,856 (Footnote 1)
12. CHECK IF THE AGGREGATE AMOUNT EXCLUDES CERTAIN SHARES
[]
___________________________________________________________
13. PERCENT OF CLASS REPRESENTED BY ROW 11
5.09%
14. TYPE OF REPORTING PERSON
IN
___________________________________________________________
1. NAME OF REPORTING PERSON
Andrew Dakos
2. CHECK THE BOX IF MEMBER OF A GROUP a[]
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
153,530
8. SHARED VOTING POWER
224,326
9. SOLE DISPOSITIVE POWER
153,530
_______________________________________________________
10. SHARED DISPOSITIVE POWER
224,326
11. AGGREGATE AMOUNT OWNED BY EACH REPORTING PERSON
377,856 (Footnote 1)
12. CHECK IF THE AGGREGATE AMOUNT EXCLUDES CERTAIN SHARES
[]
___________________________________________________________
13. PERCENT OF CLASS REPRESENTED BY ROW 11
5.09%
14. TYPE OF REPORTING PERSON
IN
___________________________________________________________
1. NAME OF REPORTING PERSON
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
153,530
8. SHARED VOTING POWER
224,326
9. SOLE DISPOSITIVE POWER
153,530
_______________________________________________________
10. SHARED DISPOSITIVE POWER
224,326
11. AGGREGATE AMOUNT OWNED BY EACH REPORTING PERSON
377,856 (Footnote 1)
12. CHECK IF THE AGGREGATE AMOUNT EXCLUDES CERTAIN SHARES
[]
___________________________________________________________
13. PERCENT OF CLASS REPRESENTED BY ROW 11
5.09%
14. TYPE OF REPORTING PERSON
IN
_______________________________________________________
Item 1. SECURITY AND ISSUER
This statement constitutes Amendment #1 to the schedule 13D
filed Feb 28 , 2017 Except as specifically set forth
herein, the Schedule 13D remains unmodified.
Item 4. Purpose of Transaction
The Fund’s shares have been trading at a double-digit discount from net
asset value (“NAV”).The filing persons believe that the board of directors
should consider a self-tender offer for its shares at or close to NAV and
may communicate with management.
ITEM 5. INTEREST IN SECURITIES OF THE ISSUER
(a) As per the N-CSRS filed on July 6,2017, there were 7,418,948 shares
of common stock outstanding as of April 30, 2017. The percentages set forth
herein were derived using such number. Phillip Goldstein, Andrew Dakos and
Steven Samuels own Bulldog Investors, LLC, a registered investment advisor.
As of August 4, 2017, Bulldog Investors, LLC is deemed to be the beneficial
owner of 377,856 shares of SGF (representing 5.09% of SGF’s outstanding
shares) solely by virtue of Bulldog Investors LLC’s power to direct the vote
of,and dispose of, these shares. These 377,856 shares of SGF include 153,530
shares (representing 2.07% of SGF’s outstanding shares) that are beneficially
owned by Mr. Goldstein, Mr. Samuels and the following entities over which
Messrs. Goldstein, Dakos and Samuels exercise control: Opportunity Partners
LP, Calapasas West Partners LP, Full Value Special Situations Fund, LP, Full
Value Partners, LP, Opportunity Income Plus, LP, and MCM Opportunity
Partners, LP (collectively,”Bulldog Investors Group of Funds”). All other
shares included in the aforementioned 377,856 shares of SGF beneficially
owned by Bulldog Investors, LLC (solely by virtue of its power to sell or
direct the vote of these shares) are also beneficially owned by clients of
Bulldog Investors, LLC who are not members of any group. The total number
of these “non-group” shares is 224,326 shares (representing 3.02% of SGF’s
outstanding shares).
(b)Bulldog Investors,LLC has sole power to dispose of and vote 153,530 shares.
Bulldog Investors, LLC has shared power to dispose of and vote 224,326 shares.
Certain of Bulldog Investors, LLC’s clients (none of whom beneficially own more
than 5% of SGF’s shares) share this power with Bulldog Investors, LLC. Messrs.
Goldstein, Dakos and Samuels are control persons of Bulldog Investors, LLC.
c) During the past 60 days the following shares of SGF were bought:
Date: Shares: Price:
07/14/17 57,000 11.0293
08/04/17 10,000 11.3000
During the past 60 days the following shares of SGF were Sold:
Date: Shares: Price:
06/13/17 (4,938) 11.2244
