Active Income Portfolio
For those seeking a sustainable income strategy, with a difference.
About the Active Income Portfolio
Our philosophy at Market Matters has always been around active management, and our income portfolio stays true to label. Combining an active approach to income producing equities, ETFs and listed Income Securities such as Hybrids, the portfolio will satisfy those looking for sustainable income with significantly less volatility than the market.
Portfolio | 1M | 3M | 6M | 1y | 3y | 5y pa | ITD pa* |
---|---|---|---|---|---|---|---|
ACTIVE INCOME | -1.23% | 7.53% | 12.31% | 9.52% | 12.97% | 12.51% | 9.12% |
RBA CASH RATE +4% | 0.61% | 1.92% | 3.90% | 8.08% | 7.69% | 6.17% | 5.51% |
VALUE ADD | (1.84%) | +5.61% | +8.41% | +1.44% | +5.28% | +6.34% | +3.61% |
CODE | NAME | WEIGHT (%) | RISK | TERM | BUY DATE | BUY PRICE ($) | LAST PRICE ($) | DIVIDENDS ($) | DAILY CHANGE (%) | GAIN / LOSS (%) |
---|---|---|---|---|---|---|---|---|---|---|
AGL | AGL Ltd | 4 | Moderate | Long | 23/02/2023 | 7.50 | 8.90 | 1.13 | 0.23 | 33.73 |
ANZ | ANZ Group | 5 | Moderate | Medium | 18/12/2024 | 29.36 | 34.86 | 1.08 | 0.17 | 22.41 |
ANZPI | ANZ Capital Notes 6 | 6 | Low | Long | 8/07/2021 | 100.33 | 103.46 | 23.25 | 0.00 | 26.29 |
APA | APA Group | 5 | Moderate | Medium | 26/05/2023 | 9.82 | 9.05 | 1.44 | 0.44 | 6.82 |
BHP | BHP Group | 8 | Moderate | Long | 11/12/2019 | 40.38 | 42.22 | 15.95 | -2.06 | 44.06 |
CNI | Centuria Capital Group | 4 | Moderate | Medium | 29/07/2022 | 2.065 | 2.28 | 0.27 | 0.88 | 23.49 |
DBI | Dalrymple Bay Infrastructure | 4 | Moderate | Medium | 10/10/2024 | 3.37 | 4.43 | 0.28 | 1.14 | 39.76 |
DDR | Dicker Data | 3 | High | Medium | 03/07/2025 | 8.28 | 10.28 | 1.98 | 24.15 | |
DN1 | Dominion Income Trust 1 | 5 | Low | Medium | 18/06/2025 | 101.40 | 100.20 | 1.84 | -0.22 | 0.63 |
FMG | Fortescue Metals | 4 | Moderate | Medium | 27/06/2024 | 21.62 | 19.16 | 2.55 | -1.54 | 0.42 |
GQG | GQG Partners | 3 | Moderate | Medium | 08/08/2025 | 1.75 | 1.60 | 0.04 | -0.62 | -6.29 |
HLI | Helia Group | 2.5 | High | Medium | 03/07/2025 | 4.46 | 5.56 | 0.50 | 1.83 | 35.87 |
MTS | Metcash | 4 | Moderate | Medium | 9/12/2020 | 3.50 | 3.79 | 1.16 | 0.26 | 41.43 |
NABPI | NAB Capital Notes 6 | 5 | Low | Long | 13/07/2022 | 98.94 | 104.80 | 22.97 | -0.33 | 29.14 |
NHC | New Hope Coal | 4 | High | Medium | 22/11/2022 | 5.55 | 3.92 | 1.83 | 0.00 | 3.60 |
NSR | National Storage REIT | 5 | Moderate | Medium | 16/05/2024 | 2.28 | 2.36 | 0.11 | 0.43 | 8.33 |
PCI | Perpetual Credit Income Trust | 5 | Low | Long | 17/07/2024 | 1.11 | 1.19 | 0.10 | -2.06 | 16.22 |
SIQ | Smart Group | 4 | Moderate | Medium | 21/05/2025 | 7.65 | 7.92 | 0.28 | 0.76 | 7.19 |
SUL | Super Retail Group | 4 | Moderate | Medium | 07/05/2024 | 13.97 | 16.55 | 2.61 | 2.22 | 37.15 |
SUNPI | Suncorp Hybrid | 5 | Low | Medium | 09/04/2024 | 101.51 | 102.85 | 1.67 | -0.05 | 2.97 |
WBCPK | Westpac Hybrid | 5 | Low | Long | 7/09/2022 | 100.40 | 104.40 | 24.43 | 0.00 | 28.32 |
Company code | STOCK NAME | ACTIVITY | RISK | TIME HORIZON | EXIT DATE | ENTRY PRICE ($) | CLOSE PRICE ($) | DIVIDENDS ($) | GAIN / LOSS (%) |
---|---|---|---|---|---|---|---|---|---|
MFG | Magellan Financial Group | Sold 4% position | High | Medium | 04/08/2025 | 8.17 | 10.34 | 26.56 | |
MTS | Metcash | Trimmed 1% | Moderate | Medium | 03/07/2025 | 3.5 | 4 | 1.27 | 50.57 |
CBA | Commonwealth Bank | Sold 5% position | Moderate | Medium | 03/07/2025 | 61.33 | 180.26 | 32.4 | 246.75 |
TLS | Telstra Corp Ltd | Sold 5% position | Moderate | Medium | 18/04/2025 | 3.43 | 4.9 | 1.07 | 74.05 |
CBAPG | Commonwealth Bank | Redeemed 5% position | Low | Long | 15/04/2025 | 100 | 100 | 41.26 | 41.26 |
SIQ | Smart Group | Sold 4% position | Moderate | Medium | 19/02/2025 | 8.96 | 7.81 | 0.25 | -10.04 |
CBA | Commonwealth Bank | Trimmed 1% | Moderate | Medium | 18/12/2024 | 61.33 | 159.96 | 28.19 | 206.77 |
MFG | Magellan Financial Group | Sold 4% position | Moderate | Medium | 06/12/2024 | 9.42 | 11.22 | 0.43 | 23.67 |
NAB | National Australia Bank | Sold 7% position | Moderate | Medium | 08/05/2024 | 29.64 | 35.06 | 2.39 | 26.35 |
OZBD | Composite Bond ETF | Sold 5% position | Low | Long | 17/07/2024 | 45.28 | 44.04 | 3.07 | 4.04 |
GSBG25 | Govt Bond | Sold 6% position | Low | Medium | 27/06/2024 | 100.54 | 99.8 | 5.41 | 4.64 |
DXS | Dexus | Sold 4% position | Moderate | Medium | 16/05/2024 | 8.02 | 7.26 | 0.56 | -2.49 |
NABPF | NAB Hybrid | Sold 5% position | Low | Long | 7/05/2024 | 100 | 106.46 | 27.61 | 34.07 |
ORA | Orora | Sold 4% position | Moderate | Medium | 3/04/2024 | 2.56 | 2.24 | 0.05 | -10.55 |
MFG | Magellan Financial Group | Sold 4% position | High | Medium | 08/01/2024 | 8.73 | 9.09 | 0.93 | 14.78 |
WES | Wesfarmers Ltd | Sold 4% position | Moderate | Long | 16/11/2023 | 47.85 | 53.94 | 4.16 | 21.42 |
GEM | G8 Education | Sold 3% position | Moderate | Medium | 22/08/2023 | 1.29 | 1.08 | 0.06 | -11.63 |
PPT | Perpetual | Sold 4% position | Moderate | Medium | 27/06/2023 | 24.7 | 25.4 | 2.83 | |
MXT | MCP Master Income Trust | Sold 5% position | Low | Long | 15/06/2023 | 2 | 1.91 | 0.49 | 20 |
AGL | AGL Energy | Trimmed 1% | Moderate | Medium | 21/04/2023 | 6.95 | 8.59 | 23.6 | |
TLS | Telstra Corp Ltd | Trimmed 2% | Moderate | Medium | 21/04/2023 | 3.43 | 4.27 | 0.3 | 33.24 |
WES | Wesfarmers Ltd | Trimmed 2% | Moderate | Medium | 21/04/2023 | 47.85 | 52.01 | 2.69 | 14.32 |
SGP | Stockland | Sold 4% position | Moderate | Medium | 08/02/2023 | 4.18 | 4.01 | 0.26 | 0.22 |
PDL | Pendal Group | Sold 4% position | Moderate | Medium | 12/01/2023 | 4.2 | 3.61 | 1.67 | 25.71 |
BHP | BHP Group | Trimmed 2% | Moderate | Long | 08/12/2022 | 38.56 | 46.42 | 10.16 | 46.73 |
AGL | AGL Energy | Sold 3% position | Moderate | Medium | 08/12/2022 | 6.83 | 8.07 | 18.15 | |
APA | APA Group | Sold 4% position | Moderate | Medium | 08/12/2022 | 9.75 | 11.03 | 13.12 | |
SSM | Service Stream | Sold 4% position | High | Medium | 22/11/2022 | 1.565 | 0.745 | 0.05 | -49.2 |
BOQ | Bank of QLD | Sold 6% position | Moderate | Medium | 17/08/2022 | 8.7 | 7.37 | 0.31 | -11.72 |
APA | APA Group | Sold 4% position | Low | Medium | 10/08/2022 | 8.59 | 12.14 | 0.53 | 47.5 |
CWNHB | Crown Resorts Hybrid | Sold 4% position | Moderate | Medium | 29/07/2022 | 98.26 | 102.75 | 3.02 | 7.64 |
IFL | Inisgnia Financial | Sold 5% position | Moderate | Medium | 13/07/2022 | 3.59 | 2.73 | 0.4 | -12.81 |
MFG | Magellan Financial Group | Sold 3% position | Moderate | Medium | 13/07/2022 | 33.85 | 12.15 | 1.57 | -59.47 |
SIQ | Smart Group | Sold 5% position | Moderate | Medium | 13/07/2022 | 6.98 | 6.62 | 1.43 | 15.19 |
WDS | Woodside | Sold 1% position | High | Medium | 15/06/2022 | 29.76 | 32.54 | 2.3 | 17.05 |
IGL | IVE Group Ltd | Sold 3% position | Moderate | Medium | 11/05/2022 | 2.28 | 1.8 | 0.66 | 7.89 |
AGL | AGL Energy | Sold 3% position | Moderate | Long | 03/05/2022 | 5.35 | 8.38 | 0.16 | 59.63 |
NSR | National Storage REIT | Sold 4% position | Moderate | Medium | 13/04/2022 | 2.04 | 2.65 | 0.09 | 34.31 |
XARO | ActiveX Ardea Real Outcome Bon | Sold 5% position | Low | Long | 13/04/2022 | 26.47 | 25.28 | 1.6 | 1.55 |
AWC | Alumina Ltd | Sold 4% position | Moderate | Medium | 24/02/2022 | 2.2 | 1.95 | -11.36 | |
DXS | Dexus | Sold 4% position | Low | Long | 25/11/2021 | 9.2 | 11.27 | 0.23 | 25 |
Recent Opinion for the Income Portfolio
BHP Group (BHP) $41.89
The “Big Australian” has started to play some performance catch up over recent months although its been a laggard of late as it arm wrestles with Beijing around future contracts and pricing. With iron ore continuing to look comfortable above $US100/mt and copper nudging new all-time highs, we believe broker upgrades are a matter of time, with its 4% fully franked yield a bonus, i.e. we like BHP for growth and yield. Read moreNational Storage REIT (NSR) $2.36
As we mentioned earlier the real estate sector has come off the boil of late with NSR trading 7% below its 2025 high, nothing dramatic but noticeable. This storage company has been in and around M&A activity in recent times, which rarely hurts and combined with the trend towards higher density living, increasing the demand for storage, we like NSR, supported by its 4.8% unfranked dividend. Read moreBHP Group (BHP) $41.47
BHP and China are negotiating around the price of contract renewals. China needs BHP’s ore, and BHP needs to sell it to them, so we expect a resolution in the next week or so, hopefully it doesn’t squeeze BHP too hard. Read moreDalrymple Bay Infrastructure (DBI) $4.41
There has been a lot going on in DBI in recent months, with its inclusion in the ASX 200 index and the complete sell-down by its largest shareholder, Brookfield. The exit played out in two blocks. The first came in June, when Barrenjoey handled the sale of 115m shares for $428m at $3.72, a ~7% discount to the prevailing price. Read moreNew Hope Corp (NHC) $4.58
NHC +5.05% reported full year results today that were largely inline with expectations; Read moreSuper Retail (SUL) $16.52
SUL -4.29%: Shares were soft today after the board sacked CEO Anthony Heraghty after admitting his disclosures about a relationship with senior executive Jane Kelly were “not satisfactory.” CFO David Burns steps in as interim CEO. Read moreBHP Group Ltd (BHP) $40.46
BHP has retreated 6.6% from its late August high, a deeper pullback than the index's 3.6% retreat. However, the “Big Australian” has also paid a 60c fully franked dividend, reducing the short-term underperformance to just 1%. Read moreHelia (HLI) $5.79
HLI has been a good position in the Income Portfolio over a short time frame, having only entered the stock in July after a sharp ~26% fall on news it lost the ING mortgage insurance contract – the second major lender to walk in short succession after CBA earlier in the year. Read moreHistory of Actions for the Income Portfolio
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