I've made some good progress this week on a few various items. It's been important to see this as a journey and make incremental steps each week.
- 39 of the 59 holdings are now in the DT Screener. 5 are rated Super Stars, 9 are Excellent, 6 are Fine, 16 are Okay and 3 are Poor.
- Prior week 29 of the 62 holdings were in the screener, so this is an improvement.
- The screener still needs tweaks adjusted for sectors. For example, Utilities sector generally ranks low relative to other sectors due to low value & quality scores.
- Technology, Financials and Consumer Cyclical have been rebalanced and will remain relatively unchanged unless I add positions.
- Consumer Defensive, Healthcare will remain relatively unchanged.
- Dividends have finally started arriving from the initial portfolio investment mid-October. This week we received $254.54!
- ABBV - $61.10
- HAS - $36.72
- ABT - $4.50
- HRL - $6.13
- ABT - $1.35
- KMI - $87.21
- O - $22.66
- ZION - $22.04
- ONL - $12.83
- I opened up 4 options this week, 2 covered calls and 2 cash secured puts. I will count these as options income/loss as received/closed. Any equities secured via cash secured puts will be listed at the strike price.
- 11/19/2021 STOR 12/17/2021 32.50 P Sell to Open $78.69
- 11/15/2021 LEG 12/17/2021 45.00 C Sell to Open $119.35
- 11/15/2021 GLW 12/17/2021 39.00 C Sell to Open $99.35
- 11/15/2021 MAIN 11/19/2021 50.00 P Sell to Open $409.35
- Sold positions in the following:
- BancFirst Corporation BANF
- Bar Harbor Bankshares BHB
- VanEck JP Morgan EM Local Currency Bond ETF EMLC
- Goldman Sachs Group Inc GS
- Hasbro, Inc. HAS
- iShares Gold Trust IAU
- Lincoln National Corporation LNC
- ManpowerGroup Inc. MAN
- Invesco Optimum Yld Dvsfd Cmd Str No K 1 ETF PDBC
- SouthState Corp SSB
- Store Capital Corp STOR
- Zions Bancorporation NA ZION
- Acquired positions in:
- 3M Co MMM
- BlackRock, Inc. BLK
- Visa Inc V
- Allstate Corp ALL
- Intercontinental Exchange Inc ICE
- Polaris Inc PII
- Main Street Capital Corporation MAIN
- Global X S&P 500 Covered Call ETF XYLD
- Received spin-off shares of:
- Orion Office REIT Inc ONL
- Accumulated additional positions in:
- T Rowe Price Group Inc TROW
- Increased the Average Yield on Cost to 3.13% from 2.97%.
- Had two dividend increases:
- Realty Income - O - Increased dividend by 4.2%, increasing annual income by $11.52.
- Aflac - AFL - Increased dividend by 21%, increasing annual income by $18.20.
- Another $1K contributed towards the portfolio.
Items to work on:
- Take another look at Industrials, Communications and Materials.
- I need to spend some extra time understanding Utilities and Energy. I need to better understand the components of what makes a solid pick in these.
- Continue too tweak the screener for better representation of sector quality.
Overall some good progress this week.
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