Strategies and Performance

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Strategies & Performance

equity income portfolio

Current Strategy

Top 10 Holdings
   
Eaton Vance FL Rate US Bancorp Pfd
Wells Fargo Pfd Preferred Stock ETF
HSBC Holdings Pfd Bank of America Pfd
Crown Castle Intl Macquarie Infrastructure
Blackstone Group LP EPR Properties

Generating steady income from traditional fixed income investments is currently a challenge due to the low interest rate environment. The Equity Income Select Portfolio attempts to overcome this by building a diversified portfolio of income generating securities across asset classes and sectors. While this portfolio does contain more risk than traditional high quality bonds, we believe the long-term risk is lower compared to a strategy of holding long-dated or lower quality bonds.  Given the increased risk of gridlock in Washington and the uncertain economic environment, we enhanced the quality and defensiveness of the portfolio by increasing the weighting in preferred stocks and fixed income.  We also reduced cyclicality and lowered the individual security betas, in order to reduce the potential volatility of the portfolio.  Our process continues to focus on selecting high quality securities that provide above average current dividends and a sustainable record of above average dividend growth. The current dividend yield of the portfolio is 5.37%.

equity income

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.