Kevin Hern purchases stake in FT Vest Total Return Income Fund Series A4 Class I

Published 18/02/2025, 11:28
© Pavlo Gonchar / SOPA Images/Sipa via Reuters Connect

Investors may be interested to note that Kevin Hern, representing Oklahoma's 1st congressional district, has made a significant purchase in the FT Vest Total (EPA:TTEF) Return Income Fund Series A4 Class I (PS). The transaction, which took place on January 29, 2025, was reported the following day and is valued between $100,001 and $250,000. For investors looking to track congressional trading patterns, InvestingPro offers comprehensive monitoring tools that help identify potential investment opportunities based on political trading activity.

The investment was made through the Hern Family Foundation, which holds a 100% interest in the investment vehicle. It's worth noting that this purchase represents a new holding for the foundation.

The FT Vest Total Return Income Fund Series A4 Class I is a non-publicly traded stock, which adds a layer of exclusivity to this investment. It's also worth noting that this transaction does not involve any capital gains exceeding $200.

As an elected member of Congress, Hern is required to disclose all transactions as part of the STOCK Act, which aims to promote transparency and prevent insider trading. This recent filing, which has been digitally signed and certified as true, complete and correct, continues to fulfill this requirement.

In conclusion, this recent purchase by Representative Hern provides an interesting insight into the investment strategies of those in the political sphere. For investors seeking to build diversified portfolios similar to political figures, InvestingPro offers advanced portfolio construction tools and expert insights to help make informed investment decisions.

This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.

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