|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.