Thursday, August 13, 2015

New Purchase of MFA Shares

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 or on twitter @kdkfund.

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