Gator Financial Partners Continues To Win On Fannie Mae PreferredsMichelle Jones
Gator Financial Partners, which has enjoyed strong gains from its long positions in Fannie Mae preferred shares, was up 3.85% for the second quarter. The fund underperformed the S&P Total Return Index's 4.3% gain and the S&P 1500 Financials Index's 7.84% gain for the quarter, but it continues to hold a commanding lead over both benchmarks on a year-to-date basis. Gator was up 24.39% for the first six months of the year, compared to the S&P 500 Total Return Index's 18.54% gain and the S&P 1500 Financial Index's 17.18% gain.
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