Congratulations!
The fund is now ready to make its first distribution of the year on day 75. Last year, the first distribution did not happen until day 320! Part of that distribution goes towards charity. It is a great feeling to be able to donate quicker to important work being done for others. This time, the donation went to a children's hospital. A special thanks goes out to Realty Income, Ford, Sysco, AT&T, Nuveen Long/Short Commodity Fund, Powershares Build America Bond Fund, and General Electric.
A big part of this is due to the fund only being 14 months old with continuous equity investments. But part of it is due to dividend growth assistance by previous dividend reinvestment.. Dividend reinvestment has cut the time for distribution this year by a full month.
**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 or on
twitter @kdkfund.
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