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{"id":18514,"date":"2021-03-28T21:20:44","date_gmt":"2021-03-28T21:20:44","guid":{"rendered":"https:\/\/businessecon.org\/?p=18514"},"modified":"2023-08-22T13:33:56","modified_gmt":"2023-08-22T13:33:56","slug":"value-investment-fund-status-week-22-a-fair-return-for-the-week","status":"publish","type":"post","link":"https:\/\/valueinvestingnow.com\/2021\/03\/value-investment-fund-status-week-22-a-fair-return-for-the-week","title":{"rendered":"Value Investment Fund Status Week 22 \u2013 A Fair Return For The Week"},"content":{"rendered":"

Value Investment Fund Status Week 22 – A Fair Return For The Week<\/span><\/strong><\/span><\/h1>\n

\"Value<\/p>\n

Anytime the value investment fund improves more than 1% during a calendar week, it is a fair return. This past week, the Value Investment Fund grew 2.2% far outpacing all the major indices in the market.<\/span><\/p>\n

The fund is well ahead of schedule and will surpass 48% return for fiscal year 2021; it is conceivable that it may hit 55% depending on second quarter results for the investments in the REITs Pool. It is currently at 43.6% through the first 22 weeks. All of the respective investments on are on hold waiting for them to work their way to their target sales price. During this past week, the investment fund sold PUTs on Norfolk Southern netting $335.07. Total realized earnings to date are just slightly greater than 15.9%. Unrealized gains exist primarily in the REITs Pool. Compare the purchase price, current market price, market peak price for each of the respective REIT investments.<\/span><\/p>\n

Name<\/strong><\/span>\u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0Purchase Price<\/strong><\/span>\u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0Current Market Price*<\/strong><\/span>\u00a0 \u00a0 \u00a0 \u00a0Historical Peak Price<\/strong><\/span>
\nEquity Residential\u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 $52.23\u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0$71.68\u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0$88.37
\nEssex (Average)\u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0$216.77\u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0$283.33\u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0$331.30
\nUDR, Inc.\u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0$32.95\u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0$43.76\u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0$50.93<\/span><\/p>\n

All three of the real estate investment trusts investments will report their first quarter results in about four weeks. Unless there is a significant setback with collection of rents by all three, the pool’s aggregated value will continue to march towards their historical respective historical peak market prices which in turn will drive the investfund fund’s unrealized gains and the overall return.\u00a0<\/span><\/p>\n

Here is the current status of the Value Investment Fund:<\/span><\/p>\n

REIT Pool\u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 # of Shares<\/span>\u00a0 \u00a0 \u00a0Cost Basis<\/span>\u00a0 \u00a0 \u00a0Market Price*<\/span>\u00a0 \u00a0 \u00a0 \u00a0 \u00a0Fair Market Value<\/span>
\n<\/strong>\u00a0 \u00a0 – Equity Residential\u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 574.459\u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0$30,000\u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0$71.68\u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 $41,177.22<\/span>
\n\u00a0 \u00a0 – Essex Property Trust (Tranche #1)<\/span>\u00a0 \u00a0 \u00a0 \u00a0 48.9644\u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a010,000\u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 283.33\u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 13,873.08
\n\u00a0\u00a0 \u00a0– Essex Property Trust (Tranche #2)<\/span>\u00a0 \u00a0 \u00a0 \u00a0 43.2994\u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a010,000\u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 283.33\u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 12,268.02<\/span><\/span><\/span>
\n\u00a0 \u00a0 – UDR\u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0606.9803\u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a020,000<\/span>\u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a043.76\u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a026,561.46<\/span>\u00a0 \u00a0 \u00a0\u00a0<\/span>
\n\u00a0 \u00a0 \u00a0 \u00a0Sub-Totals\u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 $70,000\u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0$93,879.78<\/span>
\nRailways Pool
\n<\/strong>\u00a0 \u00a0 <\/span>– No Stock Holdings
\nBanking Pool<\/strong><\/span>
\n\u00a0 \u00a0 \u00a0– Bank of New York\u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 232.9373\u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a010,000\u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a046.49\u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a010,829.26
\n.<\/span>\u00a0 \u00a0 – Wells Fargo<\/span><\/strong><\/a> (Tranche #1)\u00a0<\/span>\u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 292.0560\u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a010,000\u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a038.76\u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a011,320.09
\n.<\/span>\u00a0 \u00a0 – Wells Fargo\u00a0 (Tranche #2)<\/span>\u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0558.9715\u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a020,000<\/span>\u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a038.76\u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a021,665.73<\/span>
\n.<\/span>\u00a0 \u00a0 \u00a0 \u00a0Sub-Totals\u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a040,000\u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a043,815.08
\n<\/span>Dividend Receivables<\/strong>\u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 -0-
\nCash on Hand <\/strong>(Gains, Dividends, PUTS)\u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 5,951.61
\n<\/span><\/span>Totals (Starting Cost Basis = $100,000)\u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 $110,000\u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 $143,646.47<\/strong><\/span><\/p>\n

*Net of transaction fees of $1.00 per share; thus the amount in the schedule equals the actual market price per share at closing less $1.00.<\/span><\/p>\n

The recovery for the REITs Pool<\/strong><\/span><\/a> continues to exceed the projected nine to twelve months rebound forecasted back in November 2020. The current price recovery sell points are:<\/span><\/span><\/p>\n