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.
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