Today, we are buying the first position in our High Yield Portfolio.
As a reminder-
The goal of the High Yield Portfolio is simple:
Deliver a sustainable dividend yield of around 8%
Preserve capital (no long-term value erosion)
Provide predictable cash flow
Why 8% yield?
Because the amount of capital we would need to retire is cut in half. (based on the 4% rule).
Members of Dividendology will be able to view all the holdings of the High Yield Portfolio on Dividendology.com.
🏅Our First Purchase
In the last few months, I identified a fund as a potential massive opportunity for the High Yield Portfolio.
In the last 2 weeks, I’ve interviewed the fund manager twice to gain further insights into the fund.
As of right now, this fund:
Yields over 9%
Pays monthly dividends
Grows its dividend annually
Does NOT utilize options to generate income
The fund is actively managed, which I believe is a massive advantage within the asset class it invests in.
💰Our New Buy
This is the first purchase for our high yield portfolio.
Below, we will be taking an in-depth look at the fund, as well as looking at the entire interview I had with the fund manager.
You can get access to everything pictured below here:
Now, let’s dive into our first High Yield purchase…