Sold Essex Property Trust at $300 Per Share

On February 6, 2025 the Value Investment Fund needed cash to take advantage of dramatic price drop with Huntington Ingalls Industries. The Fund sold Essex Property Trust at $300 per share netting $299 per share after fees. At approximately 2:50PM the price hit the sell point of $300. The Fund disposed of all 429.3846 Shares. The transaction followed this outcome:

Sales Price  429.3846 shares at $300.00                           $128,815.38
Transaction Fees @ $1.00 per share                                          429.39
Net Proceeds from the Sale                                              $128,385.99

Basis in Investment                                                           $107,201.00
Gain on the Investment                                                         21,184.99
Taxes Paid on the Gain @28% (Fed & State Combined)     (5,931.80)
Cash From Sale                                                                  122,454.19

Return on Investment
Gain from Sale of Essex Property Trust                             $21,184.99
Dividends Earned:
.       During 2022                                                                       664.77
.       During 2023                                                                    3,920.29
.       During 2024                                                                    4,147.85
.       2025 YTD                                                                        1,051.99
Sub-Total Dividends                                                              $9,784.90       
Total Return on Investment                                                  $30,969.89
Holding Period                                                                        930 Days (2.55 Years Approximately)
Average Earnings Per Year                                                   $12,154.85
Average Annual Return on Investment of $107,201                11.34%

Overall, this is the Fund’s worst performance lifetime to date. It was a solid investment with a goal of selling the stock once it hit $330 per share. However, the dramatic drop in Huntington Ingalls Industries necessitated a funding source and as such, this was the best option for the Fund. In effect, the Fund is swapping an OK performer investment for an opportunity with unusually high upside within a shorter time window. See the Sophistication Section of this website to review this investment principle.  Act on Knowledge.