Bohr Portfolio Review: 7 March 2023

Helleborus survives winter.

Bohr is an income/growth portfolio of which there are two.  The other portfolio following this model is the Bethe portfolio.  As readers will see in a moment, the current emphasis is on income as the Bohr is designed to generate $18,500 per year.

When a retiree needs income there is always a difficult decision to make.  Should I set up a portfolio to generate income or should I focus on growth and then sell off appreciated shares to meet income needs?  The Bohr and Bethe portfolios are designed to meet both needs.  Currently, the Bohr is doing a better job of generating income than providing growth.

Bohr Investment Quiver

The two growth ETFs currently held in the Bohr are VTI and VNQ.  The majority of the portfolio is held in income securities or those with the gray background.  All but RGT are producing incomes in excess of 8.0%.  RGT may need to be sold out of the portfolio as it is not meeting one of the core requirements.

Bohr Relative Strength Recommendations

The following Tranche worksheet provides guidance as to what to do with VTI, VEA, VWO, and VNQ.  I do not use this worksheet when working with the Closed-End-Funds.

Bohr Performance Data

Over the past 14 months the Bohr managed to scratch out a small delta over the AOA benchmark.  It is doing a tad better when compared with the S&P 500 (SPY) and even better when evaluated or compared with Vanguard’s Total Stock Market Fund (VTI).

Bohr Risk Ratios

Over the past week the Bohr lost “Jensen ground.”  In addition the Information Ratio is lower this month.  If the Jensen and Information Ratios continue to decline I’ll need to take a very close look at this investing model.

Asset Allocation and Market Factors

Constructing a “Core” Investment Portfolio : Part 2 – Buy And Hold with Periodic Adjustments