The Market Matters Active Income Portfolio provides an active approach to income-producing equities, ETFs and listed Income Securities – Click here to view
The portfolio was higher during the week up 2.05% with cash down to 4% following the purchase of AGL Energy (AGL) and a Westpac Hybrid (WBCPK) which traded ex-dividend on the 12th Sep for 82.54c (i.e. a few days post-acquisition). We expect the portfolio to yield more than 5.5% over the coming 12 months, with September being a big income month. We remain comfortable with the composition of the portfolio, split between high-yielding equities focussed generally in stocks with a lower correlation to the market, Hybrids & Fixed Income securities along with property.
Centuria Capital (CNI) +8.31% bounced back during the week to be the portfolio’s strongest link while our recent purchase of AGL Energy (AGL) +5.86% also did well. The weakest position during was the CBAPG which fell by just 0.35% having traded ex-dividend the week before.
