The Blue Harbinger “High Income NOW” portfolio, and the “Top 10 Big Yields” tear sheet have been updated for December. There is one new purchase in the “High Income NOW” portfolio, and two new names on the “Top 10 Big Yields” tear sheet (as well as a handful of rebalancing trades and updates to “buy under” prices). The overall theme this month is that a lot of big-yield opportunities are getting expensive, but not all of them. And we have highlighted our top ideas in these two updated documents for December.
We’ll have more commentary on these updates soon, but wanted to share the updated documents right away. Here are the links:
As a reminder, you can see the portfolio weights (for each position) in the High Income NOW portfolio (in the “portfolio weight” column); the holdings are sorted by weight (plus there are a handful of “watchlist” names towards the lower end that have a 0.0% weight—i.e. we have no position at this time).
Additionally, when viewing the names in the portfolio, dark green is a new purchases and light green means we added shares (i.e. increased the weight in the portfolio). Dark red is a complete sell, and light red means we reduced the shares (i.e. decreased the weight in the portfolio).
The current portfolio weight is one of the most important metrics in the portfolio weight. Additionally, the percent above or below the “buy under” weight adjusts in real time (up to a 15 minute lag) and this can be helpful to see how the price has been moving relative to our target (and this will also change the ratings… for example from “buy” to “strong buy”).
Again, this is just a quick update to get the information out there right away, and we’ll have more commentary in the near future.
Bottom Line:
Disciplined, goal-focused, long-term investing continues to be a winning strategy. Stay smart—do what is right for you!