[ I finally sold the last BDC (HTGC) and Floating Rate CEF (EFT) in this portfolio today. This generated a decent amount of cash to work with. ]
=> Understood.
This morning eliminated many of the tiny positions[1] in DGP-1b (ROTH) --one of my retirement portfolios-- and thereby reduced position count to 49 from 60. Used the released funds to add to existing positions.[2]
As a consequence increased portfolio yield and dividend growth rate; also increased anticipated annual income. Also enabled automagic dividend reinvestment for most positions[3] -- regardless of size.
My intent is to use dividend cash from the higher yield positions, that are not automagically reinvested, to build the smaller positions.
Why the change?
Pondered for a bit, but decided the portfolio had far too many tiny positions to build them all to size in the near future.
Best wishes,
Kiisu
1. Sold all remaining shares of:
ABBV, AMP, AMT, FLO, GLW, LMT, LOW, MCD, MDT, TRP, TSM
The remaining tiny positions are:
FAST, FCX, PG, SJM, TSN, UNP
2. Added to:
ADP, AG, B, CVX, FCX, GDV, MDLZ, MO, SOBO, TXN, UTG
3. Dividend reinvestment enabled for:
ADP, AFL, CVX, EOG, ES, EVRG, FAST, FCX, HRL, KMB, MAA, MDLZ, MO, MSFT, NEE, NEM, NNN, O, OGE, OKE, OLED, PEP, PG, PRU, RGLD, SJM, SNA, SWVXX, TSN, TXN, UNP, VZ, XOM
Not enabled for:
AG, B, BIP, BUI, CEF, CNQ, DNP, EOI, EOS, GDV, MAIN, RFI, SOBO, SRUUF, UTF, UTG |
