Re: MIDDLE AGE PORTFOLIO ... PORTFOLIO UPDATED 4/1/22
** Dividend income growth year to date +69.6% over year to date 2021. **
The goal is to try to present a balance between high dividend cash flows, dividend growth, and capital gain potential, so there will be a mix of assets.
This portfolio is a 401K roll over from a previous job and does not include all of their investments.
The income objective is $36K in annual dividends and the time frame is end of 2023. That's an increase of 20% per year.
Portfolio Balance: $595,981
Forward 12 months income: $27,556
Portfolio yield: 4.62%
Dividend Growth 5 Years: 5.9%
Chowder Number: 10.52
Holdings: 70
Beta: 0.65
A full position is $10,000. CEF's are not included as a % of the equity portfolio weightings.
------------------------------------------
UTILITIES -- 15% of portfolio value.
Southern Company (SO) ......... $15,506 .. +27.1%
Duke Energy (DUK) ................. $14,342 .. +37.4%
WEC Energy (WEC) ................ $11,832 .. +13.9%
Brookfield Infrastructure (BIP) .. $9,900 ... +20.6%
NextEra Energy (NEE) ............. $9,093 ... +151.5%
Dominion Energy (D) ............... $6,129 .... +4.9%
REAL ESTATE -- 15% of portfolio value.
Realty Income (O) .................. $24,752 .. +13.1%
W. P. Carey (WPC) ................. $13,007 .. +8.4%
Crown Castle Int'l. (CCI) ......... $11,153 .. +7.4%
Life Storage (LSI) ..................... $4,614 .. +7.7%
Alexandria Real Estate (ARE) .. $3,501 .. +6.9%
Prologis (PLD) .......................... $3,482 .. +10.3%
Equinix (EQIX) ......................... $3,052 .. +7.6%
National Retail Prop. (NNN) ..... $2,978 .... 0%
FINANCIALS -- 14% of portfolio value.
Prudential (PRU) ...................... $14,435 .. +11.9%
Canadian Imperial Bank (CM) .. $12,543 .. +5.4%
Toronto-Dominion Bank (TD) .... $11,687 .. +16.3%
Royal Bank of Canada (RY) ..... $8,560 .... +7.6%
T. Rowe Price (TROW) ............ $8,102 ... <-25.8%>
Morgan Stanley (MS) ............... $4,784 ... <-9.7%>
CONSUMERS STAPLES -- 12% of portfolio value.
Altria (MO) .................. $16,177 .. +10.8%
Pepsi (PEP) ................. $9,533 .. +47.5%
Kimberly-Clark (KMB) .. $8,555 .. +2.3%
Tyson Foods (TSN) ..... $7,738 .. +13.0%
Sysco (SYY) ................ $5,604 .. +12.2%
Unilever (UL) ............... $4,707 .. +5.2%
Mondelez (MDLZ) ....... $2,922 .. +3.0%
INFORMATION TECHNOLOGY -- 11% of portfolio value.
Broadcom (AVGO) ............... $17,042 .. +29.8%
Microsoft (MSFT) ................... $9,848 .. +200.3%
Apple (AAPL) ......................... $9,321 .. +318.8%
Automatic Data Proc. (ADP) .. $6,313 .. +64.8%
Texas Instruments (TXN) ....... $4,796 .. +0.6%
HEALTHCARE -- 8% of the portfolio value.
Amgen (AMGN) ................. $11,913 .. +19.3%
Abbott Laboratories (ABT) .. $8,738 .. +168.0%
Abbvie (ABBV) .................... $8,049 .. +43.3%
Eli Lilly (LLY) ....................... $3,219 .. +14.2%
CVS Health (CVS) .............. $2,729 .. <-6.3%>
ENERGY -- 7% of portfolio value.
Enbridge (ENB) .................. $12,395 .. +18.5%
TC Energy (TRP) ................. $9,838 .. +18.0%
Enterprise Products (EPD) .. $7,047 .. +11.8%
CONSUMER DISCRETIONARY -- 6% of portfolio value.
Lowe's (LOW) .............. $7,234 .. +119.7%
Home Depot (HD) ........ $7,042 .. +96.1%
Starbucks (SBUX) ....... $6,570 .. +19.8%
Leggett & Platt (LEG) .. $5,235 .. <-20.0%>
Dollar General (DG) .... $2,037 .. +1.4%
COMMUNICATIONS -- 5% of portfolio value.
Telus (TU) ... $20,991 .. +16.8%
AT&T (T) ..... $2,998 .... <-0.4%>
MATERIALS -- 4% of portfolio value.
LyondellBasell (LYB) ....................... $11,965 .. +4.0%
Air Products and Chemicals (APD) .. $4,980 .. <-9.5%>
INDUSTRIALS -- 3% of the portfolio value.
Lockheed Martin (LMT) .. $13,825 .. 29.9%
----------------------------------------
Closed End Funds (CEF's) - Business Development Companies (BDC's) - Exchange Traded Funds (ETF's)
Reaves Utility Income (UTG) ........................................... $15,437 .. +8.2%
Liberty All-Star Growth (ASG) .......................................... $12,308 .. <11.6%>
Eaton Vance Tax-Managed Buy-Write (ETV) ................... $11,717 .. <-4.4%>
DNP Select Income (DNP) ............................................... $11,216 .. +7.3%
Cohen & Steers REIT & Preferred Fund (RNP) ................ $9,444 ... +1.6%
Eaton Vance Short Duration Income (EVG) ...................... $9,333 .. <-12.5%>
Nuveen Nasdaq 100 Dynamic Overwrite (QQQX) ............ $9,041 ... <0.4%>
Virtus AllianzGI Artificial Intelligence & Tech. (AIO) ........... $8,793 .. <-6.7%>
BlackRock Science & Technology (BST) ........................... $8,696 .. <-16.6%>
Global X NASDAQ 100 Covered Call (QYLD) ................... $7,265 .. +1.9%
Eaton Vance Enhanced Equity income II (EOS) ................ $6,465 .. <-12.7%>
John Hancock Financial Opportunities (BTO) .................... $5,914 .. <-4.9%>
Global X Russell 2000 Covered Call (RYLD) ..................... $5,201 .. +5.2%
Eaton Vance Enhanced Equity Income (EOI) .................... $5,085 .. +3.7%
Guggenheim Strategic Opportunities (GOG) ..................... $4,874 .. <-6.6%>
BlackRock Core Bond Trust (BHK) .................................... $4,868 .. <-1.1%>
John Hancock Tax-Managed Dividend income (HTD) ........ $4,033.. +0.5%
Eaton Vance Tax-Managed Global Equity Income (EXG) .. $4,002 .. +0.2%
Calamos Strategic Total Return (CSQ) .............................. $3,719 .. <-7.15%>
---------------------------------------------
HIGHLIGHTS SINCE LAST UPDATE:
DG increased the dividend by 31%
PLD increased the dividend by 25%
BTO increased the distribution by 18%
HD increased the dividend by 15%
CVS increased the dividend by 10%
QQQX raised the distribution by 10%
O increased the dividend by 0.2%
WPC increased the dividend by 0.2% |
