On Friday, the fund received a monthly dividend from Powershares BAB fund. The dividend was reinvested for free. Because of the compounding effect of dividend reinvestment, this month's dividend was 4% than last months.
Dividends now count for 1.9% of the capital invested in Powershares Build America Bond Fund. Dividends now count for 1.9% of the capital invested in KDK Fund. They will continue to be reinvested to grow the fund's capital base.
If
you have any stocks that you think KDK Fund would be interested in
researching, let us know at kdkfund@gmail.com or twitter @kdkfund.
**All
posts on this blog are information and opinions only. They are not to
be considered recommendations to buy or sell any security. Please do
your due diligence first before trading and investing. Please direct all
questions and comments to the blog or to kdkfund@gmail.com**
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