Strategies and Performance

Willingdon Views

05/30/17: A bit strange...
There is growing stress in the system and strange things are probable.  Read on to…
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…

Strategies & Performance

Enhanced Yield

Current Strategy

Top 10 Holdings
Abbvie Inc. Johnson & Johnson
Nucor Corp. Microchip Technology Inc.
JPMorgan Chase AT&T Inc.
Intel Corp. PPL Corp.
Cisco Systems Inc. Microsoft Corp.

During the first quarter, the Enhanced Yield portfolio sold 3M (MMM) and Southern Co. (SO).  It also trimmed its positions in Microchip Technology (MCHP) and Microsoft (MSFT).  At the same time, it added new stock positions of Cincinnati Financial (CINF) and Kellogg Co. (K), while also adding to existing positions of Cisco Systems (CSCO) and HCP Inc. (HCP).  Currently, the Enhanced Yield portfolio is under-weighted in the Utility, Industrial, Consumer Staple, and Energy sectors versus the benchmark U.S. Select Dividend Index.  The portfolio is over-weighted in the Technology, Health Care, Material, and Telecom sectors versus the index.

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.