Hello
The fund has purchased more shares of Ares Commercial REIT (symbol ACRE). The fund doubled the number of shares it now owns. The average cost of the shares is now $11.68. July's dividend will now increase its dividend by about 102% from the April dividend because of the purchase and compounding of the previous dividend reinvestments. The October quarter dividend will look to be about 3% higher than July due to dividend reinvestment compounding.
Other holdings include Ford, and AT&T.
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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
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