Objective

The High Income folio was developed for income-oriented investors seeking above-average distribution income as well as moderately aggressive long-term capital appreciation.

Strategy

The High Income folio consists of stocks of companies that pay dividends and other types of securities that provide income distributions, such as MLPs (Master Limited Partnerships) and REITs (Real Estate Investment Trusts). This folio is designed for investors seeking a high level of income distributions. This folio’s broad diversification across large established companies and entities from different industries potentially making it less volatile than income funds with less diversified investments.

Last Updated: September 20, 2017

Category: Investment Style
Inception Date: 2000-09-07 00:00:00.0
Date Funded: 2009-08-28*

Folio S&P 500 Total Return
One-Month 2.83% 3.58%
Three-Month 1.73% 3.43%
Year-to-Date 6.23% 13.68%
One-Year 15.38% 19.66%
Three-Year (Annualized) 6.76% 9.93%
Five-Year (Annualized) 10.76% 13.81%
Since Inception 10.66% N/A
Volatility 8.27% 7.69%

Past performance is no guarantee of future results.
See how returns are calculated

* Returns reflect model performance from the Inception Date to the Date Funded, and funded performance since the Date Funded, if funded. Your returns may deviate significantly from the values displayed here, due to many factors, including how long after a strategy has been updated that you place orders to update your holdings.

#SymbolCompanyWeight
(% of Folio)
1AGRavangrid inc com3.33%
2AQNalgonquin power & utilities co co3.33%
3BAPcredicorp ltd3.34%
4BRXbrixmor ppty group inc com3.34%
5CAHcardinal health inc3.33%
6CCLcarnival corp3.33%
7CVScvs health corporation com3.33%
8DOCphysicians realty tr com3.33%
9EQMeqt midstream partners lp unit ltd partn3.34%
10GBDCgolub cap bdc inc com3.33%
11HASIhannon armstrong sust infr cap com3.33%
12HBIhanesbrands inc com3.33%
13INTCintel corp3.34%
14JNJjohnson & johnson3.33%
15KHCkraft heinz co com3.33%
16LMTlockheed martin corp3.33%
17MMPmagellan midstream prtnrs lp com unit rp3.34%
18MOaltria group inc3.34%
19RAIreynolds american inc com3.33%
20RBAritchie bros auctioneers3.34%
21SABRsabre corp com3.33%
22SOsouthern co3.34%
23STORstore cap corp3.33%
24Tat&t inc com3.33%
25TAHOtahoe res inc com3.33%
26TSMtaiwan semiconductor mfg ltd adr3.33%
27UPSunited parcel service inc cl b3.33%
28VNOMviper energy partners lp com unt rp int3.34%
29WSMwilliams sonoma inc3.33%
30WSOwatsco inc3.34%

Steps to Create This Folio

  1. We sorted U.S. exchange-listed securities, including MLPs (Master Limited Partnerships), by highest income distributions for securities with market capitalizations greater than $1 billion.
  2. We then screened for securities with a historical beta between 0.1 and 1. As a reference point, the S&P 500 has a historical beta of one and therefore this folio generally should be less volatile than the S&P 500.
  3. From this list, we selected the securities with the highest income distributions in each sector and targeted the sector weights to be comparable to those of the S&P 500.
  4. We equally weighted all securities in the folio.

Number of Securities

There are generally 30 securities in the folio.

Update Frequency

Quarterly.

If the characteristics of the folio have changed substantially, the securities included may change. Also, corporate actions, such as a merger, or other events may cause changes to the securities held at any time. Your returns may deviate significantly from the values displayed here, due to many factors, including how long after a folio has been updated that you place orders to update your holdings.