The Hawking Portfolio is an “Income” portfolio built from Closed-End-Funds (CEFs) with a target of generating over 8% annual income from distributions. It is also hoped to pick up a “growth” component that adds to “total return”. Performance to date looks like this:
and has led the benchmark AOR Fund over the past 17 months. Current holdings are as shown in the following screenshot:
As can be seen in the above figure, dividends year-to-date (after 5 months) are a little over $4,000 so we are well on the way to meeting the 8% annual target. At the present time I have ~$1,500 to re-invest so I plan to add more shares of DHF to the portfolio. DHF is a high yield income fund paying an 8.8% dividend and currently selling at a 10% discount to Net Asset Value (NAV).
That is the only action required at this point in time.