Richard McCormick bought Nuveen Real Estate Securities Fund Cl I (FARCX) [OT] (FARCX)
Richard McCormick (R-GA), a U.S. Representative, has disclosed 1 trade in Nuveen Real Estate Securities Fund Cl I (FARCX) [OT] (FARCX) since 2023, a single purchase, worth an estimated $8K in disclosed volume (the midpoint of the dollar ranges members report, not exact amounts).
The trade highlighted here is a purchase: Richard McCormick bought $1,001 - $15,000 of Nuveen Real Estate Securities Fund Cl I (FARCX) [OT] (FARCX) on March 15, 2023. Since that trade, FARCX is up +14.24% against the S&P 500 up +98.75%, an outperformance of -84.51%.
Data updated
Richard McCormick's FARCX trades vs the price
FARCX is up +14.24% since Richard McCormick bought on March 15, 2023, versus +98.75% for the S&P 500.
Performance since this trade
All Richard McCormick FARCX trades
Richard McCormick & FARCX trading FAQ
Is it legal for Richard McCormick to trade Nuveen Real Estate Securities Fund Cl I (FARCX) [OT] (FARCX) stock?
Yes. Members of Congress are allowed to trade individual stocks, including Nuveen Real Estate Securities Fund Cl I (FARCX) [OT] (FARCX), 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 Richard McCormick buy FARCX?
Richard McCormick disclosed a purchase of $1,001 - $15,000 of Nuveen Real Estate Securities Fund Cl I (FARCX) [OT] (FARCX) on March 15, 2023, according to public STOCK Act filings.
How has FARCX performed since Richard McCormick's trade?
Since Richard McCormick bought FARCX on March 15, 2023, the stock is up +14.24%, versus +98.75% for the S&P 500 over the same period, an outperformance of -84.51%.
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 FARCX trades?
Quantellect tracks every disclosed congressional trade in Nuveen Real Estate Securities Fund Cl I (FARCX) [OT] (FARCX) on the Nuveen Real Estate Securities Fund Cl I (FARCX) [OT] congressional trading page, which aggregates filings across all members of Congress.
Richard McCormick's FARCX tradesAll congressional filings for Nuveen Real Estate Securities Fund Cl I (FARCX) [OT]Richard McCormick'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.