Bought 100 Shares of Avalonbay Communities
This morning, the Value Investment Fund purchased 100 shares of Avalonbay Communities Inc. The Fund paid $160 per share plus a $1.00 fee. In addition, the Fund utilized the margin account and paid a 2% fee. Thus, the total basis in this transactions is as follows:
Market Price $16,000.00
Transaction Fee 100.00
Margin Fee 322.00
Total Basis $16,422.00