Strategies and Performance

Willingdon Views

04/18/17: Viral, whatever...
Too often our first reaction to something strange happening isn’t to intervene, or offer a…
Today, we seem preoccupied with unyielding special interests, narrow viewpoints, and stubborn political posturing, but…
Two legendary champions played an epic tennis match at the Australian Open, and the winner…

Strategies & Performance

Enhanced Yield

Current Strategy

Top 10 Holdings
JP Morgan Chase AT&T Inc.
Nucor Corp. Chevron Corp.
Cisco Systems  General Electric Co.
Intel Corp. Emerson Electric Co.
AbbVie Corp. Johnson & Johnson

In February, the Enhanced Yield portfolio sold 3M (MMM) and Southern Co. (SO). It also trimmed positions in Microchip Technology (MCHP) and Microsoft (MSFT). At the same time it added new stock positions in Cincinnati Financial (CINF) and Kellog Co. (K) while also adding to existing positions of Cisco Systems (CSCO) and HCP Inc. (HCP). Cincinnati Financial (CINF) is an insurance company primairly underwritng and selling property and casualty in the Midwest and Southeast. CINF has a dividend yield of 2.8%, a market cap of $7.4 billion, and an S&P credity quality rating of B+. Kellog (K) is a leading producer of cereal, as well as snacks and convenience foods. Some of its name brands include Pop-Tarts, Pringles, Keelber, and Famous Amos. Kellog has a $27 billion, 2.75% yield, and an S&P credit quality rating of A-.

This investment strategy is not a recommendation to buy or sell any of the securities mentioned. Past performance is not a guarantee of future results.