2017 IRA Portfolio 2

2017 Dividend Tracker IRA Portfolio #2

Contrarian Portfolio –> Background Here 

$16.10

Ticker Number Of Shares JAN FEB MAR APRIL MAY JUNE JULY AUG SEPT OCT NOV DEC Total Dividends Position Sold At A Profit or Loss
CCP 100/102 $57.00 ____ ____ ____ $57.00 $165
AWF 206 $14.33 $14.33
BXMT 70/74 ____ $43.40 $44.26 $45.15 $132.81
CLDT 100/105 ____ $11.00 $11.06 $11.12 $11.18 $11.25 $11.31 $11.37 $11.43 $11.49 $11.55 $11.61 $124.37
DFP 104 $16.00 $16.11 $16.21 $16.32 $16.42 $16.52 $16.62 $16.10 $16.10 $16.10 $16.10 $16.10 $194.70
DSL 105/114 $15.75 $15.87 $15.99 $16.11 $16.23 $16.35 $16.46 $16.58 $16.70 $16.82 $16.94 $21.62 $201.42
FAX 435/469 $15.23 $15.34 $15.44 $15.55 $15.66 $15.77 $15.88 $15.99 $16.10 $16.21 $16.32 $173.49
HASI 114/ ____ ____ $37.62 $37.62 $75.24
JPS 200/213 ____ $12.40 $12.48 $12.56 $12.64 $12.72 $12.80 $12.88 $12.96 $13.04 $13.11 $13.19 $140.78
LADR 125/137 $57.50 $38.71 $39.52 $40.38 $173.11
MIC 18/50 ____ $23.76 $25.25 $26.48 $75.49
MPW 160/170 ____ $38.40 $39.07 $39.83 $117.30
MSD 446/462 ____ $30.00 $67.37 $63.83 $161.20
OHI 150/159 $38.44 $40.13 $98.38 $101.56 $278.52
PCI 105 ____ $16.41 $16.54 $16.67 $16.79 $16.92 $17.04 $17.17 $17.17 $17.17 $17.17 $17.17 $186.22
QQQX 100/ $35.00 $35.00 $37.00 $37.00 $144.00
RA 101/153 $17.71 $30.40 $48.11
UTF 100/101 $13.40 $13.49 $13.49 $13.49 $13.49 $13.49 $13.49 $13.49 $13.49 $13.49 $13.49 $13.49 $162.38

Fidelity Funds

Ticker Number Of Shares JAN FEB MAR APRIL MAY JUNE JULY AUG SEPT OCT NOV DEC Total Dividends Position Sold At A Profit or Loss
FNMIX 245 $16.68 $16.50 $18.14 $16.99 $17.05 $16.06 $16.58 $16.58 $16.33 $16.77 $16.14 $43.40 $227.22
IDV 69 $22.25 $22.25 $121
PFF 60 $12.19 $11.49 $11.46 $35.14 $37

Stocks

Ticker Number Of Shares JAN FEB MAR APRIL MAY JUNE JULY AUG SEPT OCT NOV DEC Total Dividends Position Sold At A Profit or Loss
ARI 115/124 ____ $52.90 $54.19 $55.55 $162.64
CMRE 155/168 $15.98 $15.79 $16.49 $16.75 $65.01
KNOP 88/96 $45.76 $46.82 $47.89 $48.97 $189.44
NRZ 123/134 ____ $59.04 $63.29 $65.27 $187.60
SXCP 104/119  $8.50 $61.78 $63.95   $66.16   $68.40 $260.29

High-Risk High-Yield Funds

Ticker Number Of Shares JAN FEB MAR APRIL MAY JUNE JULY AUG SEPT OCT NOV DEC Total Dividends Position Sold At A Profit or Loss
CEFL 100/113 $37.09 $10.27 $24.40 $25.78 $26.35 $20.81 $26.62 $26.28 $23.21 $28.72 $21.92 $28.74 $301.28
KBWD 100 $16.50 $16.75 $17.00 $17.75 $17.75 $17.87 $17.55 $17.51 $17.06 $18.70 $17.01 $191.46 SOLD
MORL 50/52 $36.88 $1.63 $1.63 $34.65 $4.63 $1.65 $35.49 $4.81 $2.48 $17.72 $5.14 $146.71 SOLD
REM 60/67 $64.80 $59.83 $67.65 $93.86 $286.14
SLVO 84 $9.23 $5.77 $6..05 $1.93 $5.30 $3.27 $2.59 $4.11 $8.19 $6.26 $2.66 $55.36 SOLD
YMLP 34 $18.60 $18.17 $17.22 $14.55 $68.54
YYY 100 $16.00 $13.00 $13.00 $13.00 $13.00 $13.00 $13.00 $13.00 $13.00 $13.00 $133.00 SOLD

Monthly Portfolio And Dividend Totals

  JAN FEB MAR APRIL MAY JUNE JULY AUG SEPT OCT NOV DEC
Total Monthly Dividend 249.05 294.81 433.72 474.37 331.16 334.46 560.75 391.10 318.03 590.12 393.57 409.31
Dividend YTD 249.05 543.86 977.58 1451.95 1783.11 2117.57 2678.32 3069.42 3387.45 3977.57 4371.14 4780.45
Dividend Monthly Average 249.05 271.93 325.86 362.99 356.62 352.93  382.62 383.68 376.38 397.76 397.40 398.37
End Of Month Balance 57,912 60,016 60,676 62,449 62,771 63,267 64,121 64,260 65,049 66,413 66,138 66,654
Deposits 1,473

Trade Diary – (Current monies deposited via 401K rollovers, deposits, minus withdraws =  $53,448.92)

Jan 4th purchase: Cindy’s portfolio underperformed in 2016, big time. She needs an eight to ten percent dividend return, not three! So, I’m changing gears.

Sold FAGIX, FRIFX, FLGEX, FRSFX, FSRFX, FTWFX, GLFOX, USMV, EFAV, IFGL, FREL, and DVY.  All these funds are no-load, free to buy and sell. Selling these 12 Mutual Funds and ETF’s cost nothing and generated a lousy $352 in profit.

The only funds left are PFF, FNMIX and IDV.

PFF is on the chopping block, when the price comes up a bit, sell. There are two Preferred funds in the new portfolio and PFF is overly exposed in the financial sector preferred stock. It is just that we are already sitting on a $7,000 cash balance and PFF pays a respectable 6% dividend.

IDV is up 3.2% and pays near 5.9% dividend. It gives us needed exposure to international dividend stocks.

FNMIX is up 4% and pays a good dividend at 7.34%. It gives us exposer to emerging market bond securities.

Selling these mediocre funds generated $32,000. The new portfolio is called, Contrarian Outlook, link above. It gives us an overall 8.5% dividend income. The first year membership is $39, $99 per year thereafter. The guys running this service are smart and give detailed analysis for each equity that makes up the portfolio. The monthly newsletter updates members on any changes or additions, and “alert” emails are sent if there are any changes in between the monthly updates.

We are going to miss a few dividends since I bought these after the ex-dividend date, oh well. We also have $7,353 in cash to buy new additions to the portfolio, as the recommendations come.

The three “stock” holdings. KNOP, CMRE, and SXCP are doing well as a group and return a near 9.9% dividend together.

The last group, which I call “High-Risk High-Yield Funds” did well last year. The seven equities in this group cost us $13,541 to purchase and generated $1,439 in dividends last year. That’s about a 10.5% dividend return.

Going forward into 2017 I feel optimistic the portfolio changes will produce a safe and consistent income stream and better accomplish my goal for Cindy. She has quit a few years before retirement. I’ll reinvest the dividends into more and more shares. The initial 401k rollover was $51,975 and we are already up to $58,000 after two years. The changes I made should accelerate the portfolios balance, adding about $6,000 per year in new shares. The goal is to build the portfolio to at least $150,000 by the time she is 63 without adding any new money. This would generate about $15,000 per year in income. Her EDS/HP pension will bring $620 per month. Add these with her current employer 401k and Social Security and her income could be around $50,000 per year.

I’m also going to do something different this year than last. I’m going to reinvest the dividends, as they come, automatically into more shares of every holding in the Contrarian Portfolio except the one that is a “hold”.

I’m also going to reinvest the dividends, as they come, automatically into more shares of a select few of the securities in the High-Risk High-Yield and Stock Portfolios. CMRE comprises a very small allocation of 1.3% and pays a nice dividend of 7%. CEFL at the current price of $16.87 pays a 19.48% 12 month yield. YYY at the current price of $18.86 pays a 10.35% 12 month yield. And REM at the current price of $43.13 pays a 10.03% 12 month yield. I’ll monitor these four and if the price go’s up, bring the yield down to 8.5% I’ll switch them back to deposit dividends and gains into cash.

All the securities in this portfolio cost a $7.95 commission for the initial buy, but automatically reinvesting dividends as they come is free!

My intended stock/bond allocation is still on track but heavy in Real Estate, which is ok since owning real estate and collecting rent is never a bad idea. We are at 37% domestic stock, 11% foreign with 37% in bonds and 13% in short term. All of this is good. We have 11 % in the unknown category from our leveraged funds since Fidelity does not like tracking any leveraged CEF’s. We can easily assume dividing this unknown category into it’s proper place gives us a 70/30 allocation spread appropriately between domestic stock, foreign stock, intermediate and short term bonds.

Jan 24th update: Starting to get this months dividends. Some Contrarian Equities won’t pay this month because we didn’t own them in time. Some holdings are set to DRIP dividends automatically into more shares. Note under the Number Of Shares column, example today is LADR, our $57.50 dividend bought 5 more shares, hence the 125/130.

Jan 30th update: We have $7,300 in cash so we need to put it to work. I need to sell PFF as stated earlier but it is down $81.00, which we’ve made twice that in dividends. The 60 shares are currently valued at $2,300.  The two purchases leave us with $3,300 in cash and the PFF option.

Bought two equities and adding them to the “Stocks” basket. NRZ at $16.20 per share nets a 11.45% yield. ARI at $17.30 per share nets a 10.69% yield. We will DRIP these dividends into more shares and we’ll miss the January dividend but pick up three more this year…Recommendation from SeekingAlpha.com

The portfolio contains a very good mix of 28 equities all roughly equal to $2,000 each, which equals $56,000 and given the $3,400 in cash we are about equal to the portfolio balance of $58,400. I’ll let these guys DRIP this year and see were we are at next January…

I anticipate the Contrarian Guys adding new equities so we need cash on hand.

Feb 1st update: So, the Contrarian Outlook Portfolio identifies whether or not each holding is a “buy” or a “hold”. If it is too expensive it is a hold, meaning we do not initiate the “auto-invest” of the dividends but take them as cash.

I need to track this, what is currently a “hold” and remove them as they come off and on because I have to change the settings at Fidelity.

Feb 3rd update: New addition to the Contrarian Portfolio: BXMT

Mar 6th update: New addition to the Contrarian Portfolio. Bought MIC.

First Quarter Update: The portfolio returned a near $1,000 in dividends which is near a 6% return. We did not get January dividends on eight equities because we missed the ex-dividend date.  I estimate the portfolio will return an 8 or 9 percent return in the second quarter, when we get paid on all holdings. We were at $57,300 at year-end, up $3,300+ for the year. Very Good!

Apr 7th update: Our Contrarian fellow has one recommendation this month, HASI. The plan is to sell IDV at a $120 profit and PFF at a $30 loss. Since it is late Friday night I’ll set the sell trades for Monday and go from there. The last holdout of the original Fidelity Funds is FNMIX, it pays a solid at 5.6%.

Apr 8th update: Sold IDV and PFF and bought HASI and a double position in MSD.

May 14th update: Email alert from Contrarian. CCP is in a merger they do not like. Sell at a 6% profit and buy OHI. Done.

Second Quarter Update: The portfolio seems very solid returning $2,117 in dividends so far which is a little over my 8% goal. I’m also seeing the month-end balance increasing every month. The June buy recommendation from the Contrarian Fellow was CLNS, which I purchased in my IRA

Third Quarter Update: The portfolio is rocking along.  Near $3,400 is dividends so far and an overall increase of near $7,500. for the year and near $13,000 since I started this last year.

October update: Rolled over a 401k from previous employer. Buying 89 shares of RA with the cash balance.

November 24th: Sold KBWD, MORL, SLVO, and YYY. The portfolio is built for dividends but secondly upside and these four funds, held since I opened this rollover IRA in 2015, are still in the red. But with the dividends received the past three years the positions made a profit. The sale is not that they do not pay a great dividend but to protect and grow the principle that was allocated to these equities. Added shares to current holdings MIC and RA, holding a $2,500 cash balance.

That leaves CEFL, REM, YMLP and FNMIX from my original purchases in 2015. Everything else is newer. I’ll look at these four next year for performance.

December 1st: Bought new Contrarian recommendation; AWF.

Forth Quarter Update: The new portfolio rocked giving a hair over 8% in dividend income. We received an additional $1,521 in dividends over last year.  Six out of the twenty-plus holdings are down but the portfolio positions , over-all, are up $3,500. Plus, by reinvesting dividends I’ve increased the share count which raised the total value of the portfolio.