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: December 2, 2016

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 5.96% 4.75%
Three-Month 2.87% 1.09%
Year-to-Date 19.67% 9.44%
One-Year 17.98% 7.71%
Three-Year (Annualized) 5.74% 9.05%
Five-Year (Annualized) 12.33% 14.41%
Since Inception 10.5% N/A
Volatility 12.8% 13.86%

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)
1ADPautomatic data processing inc3.33%
2ALEallete3.33%
3AMGNamgen inc3.33%
4BRCDbrocade communications sys inc new3.33%
5CAHcardinal health inc3.33%
6CBRLcracker barrel old ctry store com3.33%
7CHRWc h robinson worldwide inc new3.33%
8DOCphysicians realty tr com3.34%
9ESeversource energy3.33%
10FLOflowers foods inc3.34%
11FNBfnb corp pa3.33%
12HEPholly energy partners l p ut ltd ptn3.33%
13HSNIhsn inc com3.33%
14MOaltria group inc3.33%
15ORIold rep intl corp3.33%
16RAIreynolds american inc com3.33%
17RSGrepublic svcs inc3.34%
18SEPspectra energy partners lp com3.34%
19SMGscotts co cl a3.33%
20SRspire inc new3.34%
21STAGstag indl inc com3.34%
22STAYextended stay amer inc shs 1 com 1 cl b3.33%
23STWDstarwood ppty tr inc com3.34%
24Tat&t inc com3.33%
25TEPtallgrass energy partners lp com unit3.33%
26UPSunited parcel service inc cl b3.33%
27VFCv f corp3.33%
28VZverizon communications inc.3.34%
29WSO.Bwatsco inc cl b3.34%
30XHRxenia hotels & resorts inc com3.34%

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.