Willingdon Views

07/20/17: Regular Folks
Mark Zuckerberg, the founder of Facebook, and one of the world’s richest men, is on…
06/29/17: Peaches and Plums
Has technology made everyday life too complicated? What can we do about it? Read on…
05/30/17: A bit strange...
There is growing stress in the system and strange things are probable.  Read on to…

Strategies & Performance

ira equity income portfolio

Current Strategy

Top 10 Holdings
Eaton Vance FL Rate HSBC Holdings Pfd
Wells Fargo Pfd Bank of America Pfd
US Bancorp Pfd Two Harbors Investment
Medical Properties Trust Vodafone Group PLC
Crown Castle Intl EPR Properties

Generating steady income from traditional fixed income investments is currently a challenge due to the low interest rate environment. The Equity Income 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 5.56%.

ira 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.