Gladstone Investment Action Forum

Portfolio changes in November and outlook for December 2024:

The allocation of the savings rate was adjusted in November. The bond share was increased ($SGIL (-0,29 %) , $IGHY (-0,22 %) ) and individual shares reduced. The ETF share remains (small and) constant as always.

For December, an increased focus on $MC (-3,23 %) , $MONC (-3,2 %) , $KER (-5,75 %) and $OR (-1,95 %) as the luxury sector has suffered severe setbacks this year, many companies are therefore attractively valued and offer a good buying opportunity.

$ASML (+0,06 %) has also fallen sharply, but is still very highly valued. The correction is therefore likely to continue for a while yet. Nevertheless, another small buy is planned for December.

$MBG (-0,93 %) is included in the portfolio for personal reasons and is more of a "fun investment". The dividends are very attractive, but I do not expect any significant price gains.

$GAIN (+0,32 %) The company pays high monthly dividends and should therefore generate a larger cash flow in the portfolio. As the share price has fallen sharply over the year, now is a good opportunity to get in.

So much for last month and the outlook for December. As always, I look forward to constructive feedback 😄✌🏻

High Yield Income Portfolio

Disclaimer: I know that this is not an optimal strategy (I also have a real portfolio). I also know that very few people are interested in this type of portfolio, so feel free to skip the post, you won't miss anything.

I started building this HY Income portfolio about three months ago.

The first position was $QYLE (-0,42 %) and now I've gradually added more stocks.

$QYLE (-0,42 %) is pretty much the classic when it comes to covered call ETFs and is in my opinion a must have for every portfolio of this type.

$ACRE (-2,08 %) I have great confidence in the management of Ares and the company is one of the few MREITs that I trust with my money. ACRE's portfolio is currently being restructured to be more defensive.

$GAIN (+0,32 %) Solid monthly dividend payer with some growth. The management seems pretty solid to me.

$OBDC (-0,01 %) Since the company has changed its strategy a bit and is now investing more in equity to increase NAV, it is my favorite BDC.

$STHE (-0,34 %) PIMCO specializes in high yield funds, in my opinion it is especially important in the high field area that you trust the management, which is why I chose this product.

$DIV (-0,73 %) I like the portfolio of royalties and it offers further opportunities for diversification.

$JEGP (+0,11 %) I really like the JP Morgan Covered Call ETF strategy, but will possibly exchange it for $JEPI as soon as it is tradable at TR.

$RITM (-0,5 %) I like the vision of the CEO and the dividend is double covered.

$SEDY (-0,73 %) was recommended to me by a friend.

QYLE is now being saved less, the focus is on the other stocks.

What are your favorite high yield stocks?

$GAIN (+0,32 %)

Gladstone Investment has announced a special dividend of $0.70

The ex-dividend date is October 4 and it will be paid out on October 14.

It is the first special dividend in 2024

In 2023 there were a total of 5 special dividends (1.43$)

My 2nd monthly payer from the Gladstone family

$GAIN (+0,32 %)

Another small dividend boost for the portfolio.

What are your thoughts on $GAIN (+0,32 %) ? The dividends are a dream, aren't they?