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Strategies & Market Trends : Young and Older Folk Portfolio -- Ignore unavailable to you. Want to Upgrade?

To: chowder who wrote (350)	10/5/2021 2:42:53 PM
From: chowder	1 Recommendation Recommended By The Beard Read Replies (2) \| Respond to of 21749

Re: Old Folk Portfolio ... New and add on buys. Today I bought a new position in AQN in the Old Folk Portfolio. AQN owns and operates a portfolio of regulated and non-regulated generation, distribution, and transmission utility assets in Canada, the United States, Chile, and Bermuda. So a combination of regulated and non-regulated is appealing to me. Then the company also owns and operates hydroelectric, wind, solar, and thermal facilities with generating capacity of approximately 2.1 gigawatt; and regulated electric, natural gas, water distribution, and wastewater collection utility systems. I'm really attracted to the various forms of renewable energy and especially it's water exposure. So in essence, I like what the company does for a living. I was turned off initially by AQN because of its past poor dividend history but after looking into them more, I saw that AQN converted from a unit trust into a C-Corp in 2009. I was unaware of that. Since the conversion 12 years ago, AQN then went on a dividend increase streak which consists of 11 consecutive years now and with a very impressive 10% plus dividend growth rate, among the highest seen in the utility sector. I don't know why SSD rates the dividend at a low 41 safety rating, there isn't an explanation, so I'm inclined to take the risk given the yield is 4.65% with a 5 year dividend growth rate exceeding 10%. A utility with a Chowder Number of 14.65 is very appealing to me since I only expect a Chowder Number of 8 for a respectable utility holding. I realize this may not be suitable for everyone so don't take this as a sales pitch. I'm simply explaining the appeal it has to me now that I have looked into it a little deeper. In addition to this, some shares were added to JNJ. On the CEF front, BST, BSTZ and BME all announced nice distribution increases this week so I added to all three. This portfolio generates a long of taxable income every year so I wanted to utilize a way to increase the income flows and have the income free from Federal taxes, thus I added to quite a few municipal bond CEF's today. I added to the following: AFB .. EIM .. ETX .. EVN .. FMN .. NIQ .. KTF. All told, about $48K was put to work today. The new position in AQN was started at $20K, added $8K to JNJ and everything else I added $2K each to.

To: chowder who wrote (350)	11/5/2021 6:24:29 PM
From: chowder	4 Recommendations Recommended By Graustus marsdon Menominee The Beard Read Replies (2) \| Respond to of 21749

RE: OLDER FOLK PORTFOLIO ... UPDATE .. NOVEMBER 5, 2021. Portfolio Objective for 2021: Reach $250,000 in annual dividends. Portfolio Balance: $6,152,299 Forward 12 months income: $263,397 Portfolio yield: 4.28 Dividend Growth 5 Years: 3.8% Holdings: 107 Beta: 0.62 INCOME GROWTH - up 17.4% YTD 2021 over YTD 2020 HOLDINGS: Company - Position Size - % of Portfolio Value Southern Company - SO ........ $213,509 ... 3.5% AbbVie - ABBV ........................ $209,780 ... 3.4% Realty Income - O ................... $198,286 ... 3.2% NextEra Energy - NEE ............ $192,364 ... 3.1% Johnson & Johnson - JNJ ....... $191,615 ... 3.1% Xcel Energy - XEL ................... $156,629 ... 2.5% W. P. Carey - WPC .................. $155,137 ... 2.5% DNP Select Income - DNP ...... $151,675 ... 2.5% Procter & Gamble - PG ........... $151,127 ... 2.5% Reaves Utility Income - UTG .. $146,581 ... 2.4% Duke Energy - DUK ............... $146,576 ... 2.4% Sempra - SRE ....................... $145,331 ... 2.4% PIMCO Corporate - PTY ....... $139,588 ... 2.3% Kimberly-Clark - KMB ........... $137,852 ... 2.2% Pepsi - PEP .......................... $133,348 ... 2.2% Home Depot - HD ................. $128,695 ... 2.1% Toronto-Dominion - TD ......... $125,793 ... 2.0% Genuine Parts - GPC ........... $121,847 ... 2.0% Coca-Cola - KO .................... $121,248 ... 2.0% Target - TGT ......................... $113,931 ... 1.9% WEC Energy - WEC .............. $113,838 ... 1.9% Bank of Montreal - BMO ........ $102,674 ... 1.7% Cohen & Steers REIT - RNP .. $92,733 .... 1.5% Verizon - VZ ........................... $90,279 .... 1.5% Altria - MO ............................. $84,622 ..... 1.4% American Water - AWK ......... $77,461 ..... 1.3% Abbott Laboratories - ABT .... $76,234 ..... 1.2% General Mills - GIS ............... $75,659 ..... 1.2% Allianz GI Diversified - ACV .. $73,685 ..... 1.2% Prudential - PRU ................... $69,725 .... 1.1% Unilever - UL ......................................... $68,064 ..... 1.1% Lockheed Martin - LMT ......................... $66,618 ..... 1.1% American Electric - AEP ........................ $64,409 ..... 1.0% BlackRock Science - BSTZ ................... $62,768 ..... 1.0% Calamos Strategic - CSQ ...................... $61,401 ..... 1.0% Cohen & Steers Infrastructure - UTF .... $59,509 ..... 1.0% Virtus AllianzGI, Art. Intelligence - AIO .. $58,845 ..... 1.0% Eaton Vance Tax Managed - ETO ......... $58,735 ..... 1.0% Clorox - CLX ......................................... $57,829 ...... 0.9% Black Rock Science - BST .................... $57,212 ..... 0.9% Alliant Energy - LNT ............................. $55,181 ... 0.9% Liberty All-Star Fund - ASG .................. $52,302 ... 0.9% Broadcom - AVGO ................................ $48,504 ... 0.8% Tekla Healthcare - THQ ........................ $48,460 ... 0.8% Texas Instruments - TXN ...................... $48,164 ... 0.8% John Hancock Tax Managed - HTD ...... $46,077 ... 0.7% PIMCO Dynamic - PDO ........................ $44,998 ... 0.7% American States Water - AWR ............. $42,804 ... 0.7% Cohen & Steers Quality Income - RQI .. $42,338 .. 0.7% Amgen - AMGN ..................................... $41,870 .. 0.7% Royal Bank of Canada - RY ................. $40,549 ... 0.7% Canadian Imperial Bank - CM .............. $40,305 ... 0.7% California Water Service - CWT ........... $40,053 ... 0.7% Brookfield Infrastructure - BIPC ........... $39,621 ... 0.6% Duff & Phelps Utility - DPG .................. $39,428 ... 0.6% Eaton Vance Tax Advantaged - EVT .... $38,638 ... 0.6% Algonquin Power - AQN ....................... $34,146 ... 0.6% Eagle Point Credit - ECC ..................... $33,019 ... 0.5% BlackRock Health - BMEZ ................... $32,300 ... 0.5% Calamos Dynamic - CCD .................... $31,797 ... 0.5% Special Opportunities - SPE ............... $30,752 ... 0.5% Eaton Vance Tax Advantaged EXD .... $30,681 ... 0.5% Ares Dynamic Credit - ARDC ............. $30,165 ... 0.5% Eaton Vance Short Duration - EVG .... $29,280 ... 0.5% Calamos Global Dynamic - CHW ....... $26,750 ... 0.4% BlackRock Health - BME .................... $26,695 ... 0.4% Leggett & Platt - LEG ......................... $26,414 ... 0.4% Guggenheim Strategic - GOF ............ $23,993 ... 0.4% John Hancock Financial - BTO .......... $23,258 ... 0.4% Sysco - SYY ....................................... $22,429 ... 0.4% Eagle Point Income - EIC .................. $22,208 ... 0.4% Celanese - CE ................................... $21,851 ... 0.4% Delaware Investments - DDF ............ $21,073 ... 0.3% General Dynamics - GD .................... $20,672 ... 0.3% Brookfield Renewable - BEP ............. $20,468 ... 0.3% Flaherty&Crumrine Total Rtn - FLC ... $20,405 ... 0.3% Eaton Vance Tax Managed - ETW .... $20,231 ... 0.3% Crown Castle - CCI ........................... $20,009 ... 0.3% BlackRock Income - BKT .................. $18,907 ... 0.3% Flaherty&Crumrine Preferred - FFC .. $18,907 ... 0.3% Telus - TU ......................................... $18,329 ... 0.3% Union Pacific - UNP .......................... $17,707 ... 0.3% Old Republic - ORI ........................... $17,659 ... 0.3% BlackRock Core Bonds - BHK .......... $15,197 ... 0.2% BlackRock - BLK .............................. $14,348 ... 0.2% Enbridge - ENB ................................ $13,242 ... 0.2% Gabelli Dividend & Income - GDV .... $12,444 ... 0.2% Eaton Vance Municipal - EIM ........... $11,854 ... 0.2% United Health - UNH ........................ $10,945 ... 0.2% Air Products - APD ........................... $10,822 ... 0.2% Anthem - ANTM ............................... $10,554 ... 0.2% Eaton Vance Tax Managed - ETY ... $10,128 ... 0.2% BlackRock Enhanced Income - CII .. $10,092 ... 0.2% Eaton Vance Enhanced - EOS ........ $10.079 ... 0.2% Gabelli Healthcare - GRX ................ $10,054 ... 0.2% Eaton Vance Tax Managed - ETV .... $9,972 .... 0.2% Voya Global Advantage - IGA .......... $9,970 .... 0.2% DWS Municipal - KTF ...................... $9,161 .... 0.1% Nuveen Intermed. Duration - NIQ .... $9,020 .... 0.1% Eaton Vance Municipal - EVN ............ $8,958 ... 0.1% Alliance Bernstein Municipal - AFB .... $8,847 ... 0.1% Cummins - CMI .................................. $7,004 ... 0.1% Eaton Vance Municipal - ETX ............ $6,788 ... 0.1% Federated Hermes Municipal - FMN .. $6,605 ... 0.1% Nuveen Select Tax - NXQ .................. $4,870 ... 0.1% Nuveen Select Tax - NXP .................. $4,765 ... 0.1% Mondelez - MDLZ .............................. $3,980 ... 0.1% ======================= DIVERSIFICATION - Not Counting CEF's. Utilities -- 31% Staples -- 20% Healthcare -- 13% Financials -- 10% Discretionary -- 9% Real Estate -- 9% Industrials -- 3% Communications -- 3% Technology -- 2% Materials -- <1% Energy -- <1% ====================== OCTOBER HIGHLIGHTS: BSTZ raised distribution by 12% BST raised distribution by 11% CCI raised dividend by 11% ABBV raised dividend by 8.5% CII raised distribution by 7% BME raised distribution by 6.5% AEP raised dividend by 5.4%