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.
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