As I have posted in the past, KMM is a buy at and below $9. That price usually "guarantees" not only an excellent dividend but also CapGains, for a very positive ROI.
It's not only a great fund, but it ranks #1 of all mutual funds in the 1, 5, 10, 20, and 30 year periods. It can't be beat!
Sentiment: Strong Buy
The cost of ObamaCare insurance varies widely from state to state. CA, TX, and FL are among the lowest cost states while states in the northern-most USA have very high premiums. Part of the reason for that is that there are fewer insurance carriers providing coverage in the less populous North.
Normally, AGNC announces the dividend and XD date 7-10 days ahead of XD date. However, IF they are planning to reduce the dividend from $1.05, it may take a few days longer to determine the new sustainable dividend level. Since today is the 17th, the EARLIEST XD date would be 9/24 ... expect XD date on the 26th or 27th.
Only in the pre-market, which never counts for anything. The jobs report spooked mREITS last Friday; as Scarlett O'Hara once said, "tomorrow is another day."
Historically, KMM is a buy at or below $9. However, with the price dropping in an anti-bond, anti-income investment environment, and with interest rates moving up now, it would pay to wait until KM's share price bottoms out before buying in/more shares. KMM's recent dividend reduction (0.007 in May) --- the first reduction in many years for KMM --- is symptomatic of this environment. This avoids the "catch a falling knife" syndrome.
Watch and follow closely until the bottom forms, then buy KMM shares for income and modest CapGains.