The Hawking portfolio is designed as an “Income” Portfolio with a targeted annualized “income” of 8%. The portfolio quiver is comprised of a number of Closed-End-Funds (CEFs) that pay out high dividends – usually on a monthly schedule, but some quarterly. This month (September) was a month for payments from all funds (monthly and quarterly […]
Hawking Portfolio Review – 29 October 2021
The Hawking Portfolio, although holding more assets than other portfolios (~30) is easier to manage since the objective is to keep adjustments/trades to a minimum with no exit rules other than to use a 3 Standard Deviation TSLO order as “disaster” protection. Thus, the portfolio is essentially a Buy-And-Hold portfolio with the only requirement being […]
Hawking Portfolio Review – 31 December 2021
The Hawking Portfolio is an “Income” portfolio constructed from a diversified selection of high yielding Closed-End-Funds (CEFs) that pay regular weekly or monthly dividends/distributions that can either be withdrawn for “income” or re-invested for compounded growth. Performance for 2021 looks like this: with a very respectable 17.5% return – lower than the high perf0ming US […]
Hawking Portfolio Review – 31 January 2022
The Hawking Portfolio is strictly an “Income” Portfolio with a target return from distributions of at least 8%. Over the past month, TSLOs were hit on four of the funds held in the portfolio (EXG, EOD, IGD and BGB) and current performance looks like this: Thus, we have seen an ~8% maximum draw-down since the […]
Hawking Portfolio Review – 1 March 2022
The Hawking portfolio is an “income” portfolio holding ~30 Closed-End-Funds (CEFs) with a target average annual return from distributions (primarily dividends) of greater than 8%. Current holdings are as shown in the screenshot below: Performance of the portfolio since inception is beating the benchmark AOR fund quite comfortably (by ~7%): The portfolio is intended to […]
Hawking Portfolio Review – 1 April 2022
The Hawking Portfolio is an “Income-focused” portfolio constructed from a pool of Closed-End-Funds (CEFs) and does not rely on continuous regular adjustments to manage – the plan is to simply re-invest the “income” generated (since this is not currently required to supplement other income streams) so as to promote geometric growth. However, occasionally I will […]
Hawking Portfolio Review – 3 May 2022
The Hawking Portfolio is an income generating portfolio of CEFs and requires very little management other than to re-invest the dividends in underweight funds so as to promote geometric growth. Dividend distributions for April are now in and the portfolio looks like this: With a little over $800 cash from dividend payments I will be […]