| | | Re: Older Folk Portfolio 2.0 (OFP 2.0) ... Update
The original Older Folk Portfolio has been turned back over to its owner since the portfolio objective of $500,000 in annual dividends has been achieved, and now that he's retired, he has time to manage his portfolio from here.
Older Folk Portfolio 2.0 has different objectives. This portfolio is a little more difficult to manage because it wants to combine growth, income and capital preservation, especially capital preservation. It's a blend of objectives.
Since this portfolio is a blend of growth and income, I'm using VWELX as a benchmark as it too is a blended growth and income fund.
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YTD Performance: (9/22/24) According to Schwab,
OFP 2.0 .... +17.49%
VWELX ..... +13.25%
Rate of Return Summary
Portfolio Value: $2,055,804
Annual Income: $87,048
Portfolio Yield: 4.24%
Holdings: 73
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Symbol ... % of portfolio
SWVXX .... $384,872 ... 18.7% (money market fund)
AAPL ........ $85,575 ..... 4.2%
MSFT ....... $82,701 ..... 4.0%
SPY .......... $79,555 ..... 3.9%
SMH ......... $63,044 ..... 3.1%
LLY .......... $60,818 .... 3.0%
XLK ......... $54,520 .... 2.7%
SCHG ..... $49,087 .... 2.4%
COST ..... $45,349 .... 2.2%
SPMO ..... $45,265 .... 2.2%
ABBV ...... $42,757 ... 2.1%
CAT ......... $39,833 ... 1.9%
MA ........... $36,956 ... 1.8%
SO ........... $35,880 ... 1.7%
ISRG ....... $35,006 ... 1.7%
NVDA ...... $34,800 ... 1.7%
HD .......... $33,138 ... 1.6%
OBDC ..... $32,950 ... 1.6%
BRK.B .... $31,872 .... 1.6% (adding more tomorrow)
PGR ....... $31,109 .... 1.5% (adding more tomorrow)
AFL ........ $30,757 .... 1.5% (adding more tomorrow)
GD ......... $30,687 .... 1.5%
DUK ....... $30,256 .... 1.5%
ARCC .... $29,431 .... 1.4% (to be sold tomorrow)
AIO ........ $27,739 .... 1.3%
ET .......... $25,920 ... 1.3%
RTX ....... $25,048 .... 1.2%
MAIN ..... $25,000 .... 1.2%
AMGN ... $23,617 .... 1.1%
EPD ...... $21,110 .... 1.0%
AFB ....... $20,970 ... 1.0% (muni-bond fund)
EVN ....... $20,739 ... 1.0% (muni-bond fund)
KO ......... $20,704 ... 1.0%
WEC ...... $19,891 ... 1.0%
EIM ........ $19,750 ... 1.0% (muni-bond fund)
RSG ...... $19,132 ... 0.9%
EFT ....... $17,640 ... 0.9%
EOS ...... $15,947 ... 0.8%
ETW ...... $15,783 ... 0.8%
ETY ....... $14,430 ... 0.7%
ARDC .... $14,037 ... 0.7%
THQ ....... $13,788 ... 0.7%
AVK ....... $12,507 ... 0.6%
JFR ....... $12,087 ... 0.6%
NBXG ... $11,441 .... 0.6%
EOI ........ $11,398 ... 0.6%
CCD ...... $11,033 ... 0.5%
RA ......... $10,864 ... 0.5%
JRI ........ $10,603 ... 0.5%
HTGC ... $10,456 ... 0.5%
WDI ........ $10,398 ... 0.5%
RLTY ...... $10,327 ... 0.5%
ASGI ....... $9,505 .... 0.5%
CSWC .... $8,876 .... 0.4%
DPG ....... $8,621 .... 0.4%
OCCI ..... $8,554 ... 0.4%
BXSL ..... $8,269 ... 0.4%
BGB ...... $8,228 ... 0.4%
PHD ...... $8,169 ... 0.4%
BGX ...... $8,101 ... 0.4%
OXLC .... $8,039 ... 0.4%
BLW ...... $7,787 ... 0.4%
ECC ...... $7,759 ... 0.4%
FRA ...... $7,751 .... 0.4%
PTY ...... $7,470 .... 0.4%
XFLT .... $7,278 .... 0.4%
BIT ....... $7,104 .... 0.3%
CMG .... $6,122 .... 0.3% (adding more tomorrow)
EIC ...... $5,679 .... 0.3%
BST ..... $5,565 .... 0.3%
NXG ..... $5,492 ... 0.3%
FTHY ... $4,384 ... 0.2%
EXG ..... $4,289 ... 0.2%
CAVA .... $4,121 ... 0.2% (adding more tomorrow)
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Note how most of the CEF's are the smallest holdings. I would prefer to own 2 to 3 times more CEF's at a small percentage than to own a few as a large sized position. I want to spread income risk since we know that most CEF's will cut their distribution, but not at the same time.
Only 3 CEF's are in the red on price, but in the green if you add back the distributions.
XFLT .. -1.7% ... 15.07% yield
ECC ... -1.4% ... 17.21% yield
EIC .... -1.3% ... 15.42% yield
All other CEF's are in the green on price and solidly in the green when you add back the distributions. |
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