Today the fund purchased shares of Mortgage REIT MFA. The shares were purchased for $7.43 per share. There is no timeframe on the shares but holding on forever would be nice. Some reasons for the purchase are below:
- financial sector exposure
- large dividend
- mortgage industry growth is improving
The fund also owns shares of Ford.
**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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