NEWSLETTER CONTENT
MODEL PORTFOLIOS
The model portfolios are designed to make it easy to invest in a variety of similar risk level securities that provide fairly even monthly payouts. The portfolios are structured for an investment of roughly $100,000, thus they can easily be scaled up or down for various investment amounts. Each year ISI launches a new set of model portfolios. This is done for a variety of reasons including current prices, call dates and ratings. When creating the new portfolios, ISI evaluates income-producing securities for such factors as credit rating, current yield, call date, price to call vs. current price, and of course dividend or interest pay dates.
This investment-grade portfolio comprises securities with ratings of BBB or better. It will be the lowest yielding, but also the most secure. Capital appreciation is not a goal. Principal protection is primary.
| Symbol | Issuer | Coupon Series | Price | Qty | Rpt Date |
|---|
| (---) | Boeing Corp (CBTCS) | 6.050 | 25.55 | 400 | 01/10 |
| (---) | Credit Suisse Guernsey | 7.900 | 27.03 | 400 | 10/09 |
| (---) | DaimlerChrysler (PPLUS | 7.250 | 25.43 | 400 | 09/08 |
| (---) | Gabelli Glbl Gold Nat | 0.000 | 17.95 | 300 | 08/10 |
| (---) | General Elec Cptl Corp | 6.100 | 25.43 | 500 | 11/08 |
| (---) | Morgan St Cptl Tr VII | 6.600 | 24.80 | 500 | 01/10 |
| (---) | PIMCO Income Stratg Fd | 0.000 | 11.78 | 1000 | 08/09 |
| --- - | Public Storage Inc | 6.250 | 25.13 | 500 | 12/09 |
| --- - | RenaissanceRe Hldg Ltd | 6.080 | 23.09 | 600 | 10/10 |
| WCash | 25.00 | 10000 | 11/10 | ||
| Summary Statistics | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|
| Monthly Payout Average: | $613 | |||||||||
| Current yield on portfolio: | 6.69% | |||||||||
| Inception Value: (1/1/10) | $101,364 | |||||||||
| Last month's value: | $120,556 | |||||||||
| Current value of portfolio | $109,903 | |||||||||
| Current value + year to date income: | $116,646 | |||||||||
| Year to Date Total Return | 15.08% | |||||||||
Some of the securities are rated below BBB. Capital appreciation is not a goal in this portfolio, but rather high current income. Safety of principal and yield are given equal weight.
| Symbol | Issuer | Coupon Series | Price | Qty | Rpt Date |
|---|
| (---) | Aegon NV | 6.375 | 22.13 | 600 | 02/10 |
| (---) | CNA Fncl Corp (CBTCS) | 7.000 | 24.52 | 500 | 02/10 |
| (---) | Eaton Vance Lmtd Durat | NA | 16.26 | 675 | 10/10 |
| (---) | First Amer Corp (PPlus | 7.550 | 25.00 | 600 | 01/10 |
| (---) | Gabelli Glbl Gold Nat | NA | 17.95 | 500 | 08/10 |
| (---) | Madison/Claymore Covd | NA | 8.94 | 1000 | 11/09 |
| (---) | Motorola Inc (CBTCS) | 8.200 | 25.50 | 500 | 01/10 |
| --- - | Principal Financial Gr | 6.518 | 24.82 | 500 | 12/10 |
| (---) | R.R.Donnelley (PPLUS) | 6.300 | 23.30 | 600 | 10/10 |
| (---) | Telephone & Data Syste | 7.600 | 25.30 | 400 | 06/09 |
| Summary Statistics | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|
| Monthly Payout Average: | $753 | |||||||||
| Current yield on portfolio: | 7.61% | |||||||||
| Inception Value: (1/1/10) | $102,410 | |||||||||
| Last month's value: | $119,312 | |||||||||
| Current value of portfolio | $118,688 | |||||||||
| Current value + year to date income: | $126,970 | |||||||||
| Year to Date Total Return | 23.98% | |||||||||
These securities are all below investment grade, and some are not rated. High current income is the primary goal, but capital appreciation can also be expected. Safety of principal is secondary to yield.
| Symbol | Issuer | Coupon Series | Price | Qty | Rpt Date |
|---|
| (---) | Allmerica Fncl (PPLUS) | 8.000 | 24.61 | 500 | 09/10 |
| --- - | Bank of America Corp | 8.200 | 24.94 | 400 | 08/09 |
| --- - | BioMed Realty Trust In | 7.375 | 25.03 | 500 | 12/09 |
| ----- | EnerVest Divfd Incm Tr | NA | 14.14 | 800 | 04/10 |
| (---) | Enerplus Resources Fd | NA | 29.16 | 400 | 02/09 |
| (---) | Frontier Comm (PPLUS) | 8.375 | 25.50 | 500 | 01/10 |
| (---) | Goodyear Tire (CBTCS) | 8.000 | 10.10 | 1000 | 01/10 |
| (---) | May Dept Strs(SATURNS) | 6.250 | 23.15 | 600 | 08/10 |
| (---) | Royal Carib (CBTCS) | 8.875 | 25.20 | 400 | 02/09 |
| (---) | Sprint Corp (CBTCS) | 7.000 | 22.92 | 600 | 01/10 |
| Summary Statistics | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|
| Monthly Payout Average: | $778 | |||||||||
| Current yield on portfolio: | 7.90%% | |||||||||
| Inception Value: (1/1/10) | $102,501 | |||||||||
| Last month's value: | $118,192 | |||||||||
| Current value of portfolio | $118,344 | |||||||||
| Current value + year to date income: | $126,902 | |||||||||
| Year to Date Total Return | 23.81% | |||||||||
The Multiple Driver Portfolio includes diverse income generating sources (drivers).
| Symbol | Issuer | Coupon Series | Price | Qty | Rpt Date |
|---|
| --- - | AES Trust III | 6.750 | 48.50 | 200 | 08/10 |
| (---) | AGIC Convtbl & Incm Fd | NA | 8.78 | 1000 | 11/10 |
| ----- | Affiliated Mangrs Grp | 5.100 | 47.75 | 300 | 11/10 |
| --- - | Archer-Daniels-Midland | 6.250 | 37.95 | 300 | 06/10 |
| (---) | Cohen & Steers Select | NA | 16.35 | 700 | 07/10 |
| ----- | EnerVest Divfd Incm Tr | NA | 14.14 | 700 | 04/10 |
| (---) | Gabelli Glbl Gold Nat | NA | 17.95 | 600 | 08/10 |
| --- - | Great Plains Energy In | 12.000 | 61.76 | 200 | 06/09 |
| --- - | Health Care REIT Inc | 7.625 | 25.55 | 500 | 11/09 |
| (-----) | Pace Oil and Gas Ltd | NA | 7.65 | 85 | 10/10 |
| (---) | Provident Energy Tr | NA | 7.58 | 700 | 04/10 |
| Summary Statistics | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|
| Monthly Payout Average: | $711 | |||||||||
| Current yield on portfolio: | 7.96% | |||||||||
| Inception Value: (1/1/10) | $103,412 | |||||||||
| Last month's value: | $109,112 | |||||||||
| Current value of portfolio | $107,386 | |||||||||
| Current value + year to date income: | $115,207 | |||||||||
| Year to Date Total Return | 11.41% | |||||||||
You must be a subscriber to view the corresponding symbols of the securities.
