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: March 27, 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 -1.58% -1.06%
Three-Month 2.45% 3.72%
Year-to-Date 2.72% 5.08%
One-Year 19.3% 17.48%
Three-Year (Annualized) 8.03% 10.48%
Five-Year (Annualized) 11.5% 13.02%
Since Inception 10.75% N/A
Volatility 9.15% 10.05%

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)
1AQNalgonquin power & utilities co co3.33%
2CAHcardinal health inc3.33%
3DOCphysicians realty tr com3.33%
4FLOflowers foods inc3.33%
5FUNcedar fair l p depositry unit3.33%
6GBDCgolub cap bdc inc com3.34%
7HEPholly energy partners l p ut ltd ptn3.34%
8HUBBhubbell inc new3.33%
9INFYinfosys ltd adr3.34%
10INNsummit hotel pptys inc com3.34%
11LMTlockheed martin corp3.34%
12MDTmedtronic plc shs3.33%
13MOaltria group inc3.34%
14NWEnorthwestern corp new3.33%
15PDCOpatterson dental co3.34%
16RAIreynolds american inc com3.33%
17RHPryman hospitality pptys inc new3.33%
18RSGrepublic svcs inc3.34%
19SEPspectra energy partners lp com3.34%
20STAYextended stay amer inc shs 1 com 1 cl b3.33%
21STORstore cap corp3.33%
22STWDstarwood ppty tr inc com3.33%
23Tat&t inc com3.33%
24TGTtarget corp3.33%
25TSMtaiwan semiconductor mfg ltd adr3.33%
26UPSunited parcel service inc cl b3.33%
27VFCv f corp3.33%
28VZverizon communications inc.3.33%
29WSMwilliams sonoma inc3.33%
30WSO.Bwatsco inc cl b3.34%

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.