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Benzinga
Benzinga
Business
Wayne Duggan

If You Invested $1,000 In Fannie Mae Stock One Year Ago, Here's How Much You'd Have Now

Investors who have owned stocks over the last year have generally experienced some decent gains. In fact, the SPDR S&P 500 SPY (NYSE:SPY) total return over the last 12 months is 15.3%. But there is no question some big-name stocks performed better than others along the way.

Fannie Mae's Bumpy Road: One company that has been a disastrous investment in the past year has been government-sponsored enterprise Federal National Mortgage Association (OTC:FNMA).

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