Michael K. Simpson bought The Cushing Royalty & Income Fund Common Shares of Beneficial Interest (SRF) (SRF)
Michael K. Simpson (R-ID), a U.S. Representative, has disclosed 2 trades in The Cushing Royalty & Income Fund Common Shares of Beneficial Interest (SRF) (SRF) since 2015, 1 purchase and 1 sale, worth an estimated $16K in disclosed volume (the midpoint of the dollar ranges members report, not exact amounts).
The trade highlighted here is a purchase: Michael K. Simpson bought $1,001 - $15,000 of The Cushing Royalty & Income Fund Common Shares of Beneficial Interest (SRF) (SRF) on March 25, 2015. Since that trade, SRF is down -11.81% against the S&P 500 up +326.20%, an outperformance of -338.01%.
Across these filings, Michael K. Simpson has been a balanced trader of SRF (a buy-to-sell ratio of 1.00). The most recent disclosed SRF transaction shown was dated August 14, 2017. Each row in the table below links to that trade and its post-trade performance versus the market.
Data updated
Michael K. Simpson's SRF trades vs the price
SRF is down -11.81% since Michael K. Simpson bought on March 25, 2015, versus +326.20% for the S&P 500.
Performance since this trade
All Michael K. Simpson SRF trades
Michael K. Simpson & SRF trading FAQ
Is it legal for Michael K. Simpson to trade The Cushing Royalty & Income Fund Common Shares of Beneficial Interest (SRF) (SRF) stock?
Yes. Members of Congress are allowed to trade individual stocks, including The Cushing Royalty & Income Fund Common Shares of Beneficial Interest (SRF) (SRF), but the STOCK Act of 2012 requires them to publicly disclose each transaction within 45 days. Quantellect tracks those disclosures; this page does not imply the trade was improper.
When did Michael K. Simpson buy SRF?
Michael K. Simpson disclosed a purchase of $1,001 - $15,000 of The Cushing Royalty & Income Fund Common Shares of Beneficial Interest (SRF) (SRF) on March 25, 2015, according to public STOCK Act filings.
How has SRF performed since Michael K. Simpson's trade?
Since Michael K. Simpson bought SRF on March 25, 2015, the stock is down -11.81%, versus +326.20% for the S&P 500 over the same period, an outperformance of -338.01%.
How many times has Michael K. Simpson traded SRF?
Michael K. Simpson has disclosed 2 SRF trades since 2015 (1 purchase and 1 sale). Every disclosed trade is listed on this page.
How soon must members of Congress disclose a trade?
Under the STOCK Act, members of Congress must publicly report a covered transaction within 45 days of the trade. Filings can still be delayed, amended, or contain errors.
Where can I see all congressional SRF trades?
Quantellect tracks every disclosed congressional trade in The Cushing Royalty & Income Fund Common Shares of Beneficial Interest (SRF) (SRF) on the The Cushing Royalty & Income Fund Common Shares of Beneficial Interest (SRF) congressional trading page, which aggregates filings across all members of Congress.
Michael K. Simpson's SRF tradesAll congressional filings for The Cushing Royalty & Income Fund Common Shares of Beneficial Interest (SRF)Michael K. Simpson's full profile
Not investment advice. Congressional trading data is sourced from public STOCK Act disclosures, which are filed with a delay and may contain errors or be revised. Estimated prices and post-trade returns are derived algorithmically from public filings and end-of-day market data and describe historical activity, not a recommendation. Always do your own research and consult a licensed financial advisor before making investment decisions.