28 Jul, 2021

The great rebalance

I made all my moves and hopefully I have things better balanced with less risk for my High Yield Portfolio. The yield is still high but at more moderate at about 8% versus the 12% in the prior mix. The safety of the dividends and distributions are much safer although still at a higher risk of a cut than my other two portfolios. It has reduced my projected annual income quite a bit but that income should be more stable.

Here’s a list of what I sold

  • USA Compression Partners (USAC)
  • Orchid Island Capital (ORC)
  • Companhia Paranaense de Energia(ELP)
  • Sprague Resources LP (SRLP)
  • FS KKR Capital Corp. (FSK)
  • Cherry Hill Mortgage Investment Corp.(CHMI)
  • Icahn Enterprises L.P. (IEP)

Here’s a list of what I purchased

  • Arbor Realty Trust (ABR)
  • American Finance Trust (AFIN)
  • Antero Midstream (AM)
  • Oaktree Specialty Lending Corp. (OCSL)
  • SLR Investment Corp. (SLRC)
  • Kinder Morgan (KMI)
  • Pembina Pipeline (PBA)
  • Weingarten Realty (WRI)
  • Starwood Property Trust (STWD)

I’ll be updating my portfolio page soon to reflect the changes

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About : Kevin Bae

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