Published Thu, 03 Dec 2020 09:58:00 -0500 on Seeking Alpha
Seeking AlphaPortfolio Strategy2020 Pandemic Reset; 10% High Yield Retirement PortfolioDec. 3, 2020 9:58 AM ET|| Includes: AGNC, ARCC, BXMT, CHMI, CSWC, DX, GBDC, GOF, GSBD, HTGC, LADR, MAIN, NEWT, NLY, ORCC, PCI, RCS, STWD, TPVG, TSLXby: High Yield Cash FlowHigh Yield Cash Flow Long Only, portfolio strategy, REITs, BDCsSummaryI consider the 2020 year to be a reset to my current portfolio. I have reduced holdings to focus on investments that I believe will survive the pandemic.
This article includes my current holdings along with YTD (Year To Date) performance and expectations moving forward.
Distribution coverage is sitting at 120%, exceeding my yearly retirement distribution and continue to reinvest surplus dividends for growth.
Why I changed my username in the conclusion section of this article.
Many near or retired people like myself do not have a fortune to invest in the market and wait for massive capital gains to support our income needs. I look at the market and have a choice, to invest for capital gains controlled by people’s emotions and speculation or the tangible dividends hitting my account every month.
My 10% yield portfolio contains BDC (Business Development Company) and mREIT (mortgage Real Estate Investment Trust) investments. Both asset types were tested this year. Through some basic principles, I have maintained my distribution since 2018. The main successful principle is overearning my distribution and reinvesting the surplus. This is the same principle for most workers, contributing a percentage of their paycheck into a retirement account.
In retirement, it's not my intention to be glued to a computer trading for every dollar I can make. In retirement, the most valuable asset I have is the quality of time for the remainder of years I have left. For this reason, the purpose of my portfolio is to generate income for my distribution along with Social Security to provide the same standard of living as when I was... Read more
|Stock name||Last trade||P/E||Earnings/Share||Dividend/Share||Dividend yield|
|CHERRY HILL MORTGAGE INVESTMENT||13.52||0.0||-3.91||1.60||14.40|
|ANNALY CAPITAL MANAGEMENT||8.60||0.0||-3.32||1.20||14.00|
|AMERICAN CAPITAL AGENCY||15.64||0.0||-1.54||1.92||12.21|
|GUGGENHEIM STRATEGIC OPPORTUNITIES FUND||19.51||0.0||0.00||0.00||11.10|
|HERCULES TECH GROWTH CAP||13.26||10.0||1.32||1.28||9.55|
|GOLDMAN SACHS BDC||20.29||22.5||0.90||1.80||8.88|
|NEWTEK BUSINESS SERVICES||22.91||0.0||0.00||2.32||8.09|
|PIMCO STRATEGIC GLOBAL GOVERNMENT FUND||9.17||0.0||0.00||0.00||8.04|
|STARWOOD PROPERTY TRUST||24.39||18.5||1.32||1.92||7.95|
|BLACKSTONE MORTGAGE TRUST||36.16||14.5||2.49||2.48||6.94|
|GOLUB CAPITAL BDC||18.55||15.7||1.18||1.28||6.89|
|MAIN STREET CAPITAL||43.18||16.8||2.57||2.46||5.69|
Older articles featuring Cherry Hill Mortgage Investment (CHMI):Cherry Hill Mortgage Investment Corporation Announces Common and Preferred Dividends for the First Quarter 2021
Cherry Hill Mortgage Investment Corporation Announces Taxable Composition of 2020 Dividends
Cherry Hill Mortgage Investment Corporation Announces Common and Preferred Dividends for the Fourth Quarter 2020
No More Love For One Of These 12% Yielding REITs
Rents Paid, Dividends Raised: REIT Earnings Recap
REIT Earnings Halftime Report: Dividend Cuts, No More
55 U.S. Real Estate Investment Trusts Yield Over 7% In October
AGNC Investment's Q3 2020 Income Statement And Earnings Projection - Part 2 (Includes Dividend Sustainability Metric +...
AGNC: I Keep Buying This 10% Yield
Annaly Capital's Dividend, BV, And Valuation Vs. 20 mREIT Peers - Part 2 (Includes Q4 2020 Dividend Projection)