Friday, April 10, 2015

Realty Income Joins S&P 500 Index

Last week it was announced that KDK Fund owned Realty Income will be joining the S&P 500 Index (Bloomberg story link here). This action will allow more mutual funds and other funds focused on the S&P to invest capital into the company. We are thinking this might be part of the reason as to why the company released 5+ million more shares into the market. But that is just speculation (as is everything else ;)). KDK Fund also owns S&P 500 Index members Sysco, GE, Ford, and AT&T.

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