The fund has purchased more shares of Nuveen's Long/Short Commodity Fund (symbol CTF) for its portfolio. Reasons for the purchase are below.
- Higher valuation expected
- Monthly dividend still at high value of $0.119 per share
- Increase speed of dividend compounding rate
The next purchase will happen in the next 3-5 weeks. Candidates include Powershares Build America Bond fund and others.
**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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