Skip to Content

Active Income Portfolio

For those seeking a sustainable income strategy, with a difference.

About The Active Income Portfolio

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 Performance
Portfolio 1M 3M 6M 1y 3y pa ITD pa*
ACTIVE INCOME 2.01% 0.38% 1.56% 7.15% 7.32% 8.11%
RBA CASH RATE +4% 0.67% 2.05% 4.12% 8.28% 6.27% 5.27%
VALUE ADD +1.34% (1.67%) (2.56%) (1.13%) +1.05% +2.84%
* Inception date 05/07/2017
Portfolio Holdings trade now
COMPANY CODE STOCK NAME WEIGHT (%) RISK TIME HORIZON ENTRY DATE ENTRY PRICE ($) LAST PRICE ($) DIVIDENDS ($) DAILY CHANGE (%) GAIN / LOSS (%)
AGL AGL Ltd 4 Moderate Long 23/02/2023 7.50 10.34 0.43 -0.39 43.60
ANZPI ANZ Capital Notes 6 6 Low Long 8/07/2021 100.33 102.74 14.18 0.00 16.54
APA APA Group 5 Moderate Medium 26/05/2023 9.82 7.93 0.86 -1.25 -10.49
BHP BHP Group 8 Moderate Long 11/12/2019 40.38 41.76 13.52 -2.11 36.90
CBA Commonwealth Bank 6 Moderate Medium 13/03/2020 61.33 131.63 21.05 -0.78 148.95
CBAPG Commonwealth Bank Hybrid 5 Low Medium 09/04/2018 100 103.00 35.41 0.39 38.41
CNI Centuria Capital Group 4 Moderate Medium 29/07/2022 2.065 1.66 0.22 -0.30 -8.96
FMG Fortescue Metals 4 Moderate Medium 27/06/2024 21.62 21.62 -1.91 0.00
MFG Magellan 4 High Medium 12/04/2024 9.42 9.76 -0.51 3.61
MTS Metcash 5 Moderate Medium 9/12/2020 3.5 3.56 0.88 -1.39 26.86
NAB National Australia Bank 7 Moderate Medium 15/12/2022 29.64 37.24 2.39 -1.19 33.70
NABPI NAB Capital Notes 6 5 Low Long 13/07/2022 98.94 104.94 13.64 0.13 19.85
NHC New Hope Coal 4 High Medium 22/11/2022 5.55 4.76 1.04 -2.06 4.50
NSR National Storage REIT 5 Moderate Medium 16/05/2024 2.28 2.43 0.055 -0.41 8.99
PCI Perpetual Credit Income Trust 5 Low Long 17/07/2024 1.11 1.12 0.00 0.90
SIQ SmartGroup 4 Moderate Medium 07/05/2024 8.96 8.60 -0.81 -4.02
SUL Super Retail Group 4 Moderate Medium 07/05/2024 13.97 14.52 -0.75 3.94
TLS Telstra Group 5 Low Medium 9/06/2021 3.43 3.88 0.80 0.00 36.44
WBCPK Westpac Hybrid 5 Low Long 7/09/2022 100.40 104.15 15.31 0.05 18.98
Portfolio cash position: 5%
Recent Sales trade now
Company code STOCK NAME WEIGHT(%) RISK TIME HORIZON EXIT DATE ENTRY PRICE ($) CLOSE PRICE ($) DIVIDENDS ($) GAIN / LOSS (%)
OZBD Composite Bond ETF 5 Low Long 17/07/2024 45.28 44.04 3.07 4.04
GSBG25 Govt Bond 6 Low Medium 27/06/2024 100.54 99.8 5.41 4.64
DXS Dexus 4 Moderate Medium 16/05/2024 8.02 7.26 0.56 -2.49
NABPF NAB Hybrid 5 Low Long 7/05/2024 100 106.46 27.61 34.07
ORA Orora 4 Moderate Medium 3/04/2024 2.56 2.24 0.05 -10.55
MFG Magellan Financial Group 4 High Medium 08/01/2024 8.73 9.09 0.93 14.78
WES Wesfarmers Ltd 4 Moderate Long 16/11/2023 47.85 53.94 4.16 21.42
GEM G8 Education 3 Moderate Medium 22/08/2023 1.29 1.08 0.06 -11.63
PPT Perpetual 4 Moderate Medium 27/06/2023 24.7 25.4 2.83
MXT MCP Master Income Trust 5 Low Long 15/06/2023 2 1.91 0.49 20
AGL AGL Energy 1 Moderate Medium 21/04/2023 6.95 8.59 23.6
TLS Telstra Corp Ltd 2 Moderate Medium 21/04/2023 3.43 4.27 0.3 33.24
WES Wesfarmers Ltd 2 Moderate Medium 21/04/2023 47.85 52.01 2.69 14.32
SGP Stockland 4 Moderate Medium 08/02/2023 4.18 4.01 0.26 0.22
PDL Pendal Group 4 Moderate Medium 12/01/2023 4.2 3.61 1.67 25.71
BHP BHP Group 2 Moderate Long 08/12/2022 38.56 46.42 10.16 46.73
AGL AGL Energy 3 Moderate Medium 08/12/2022 6.83 8.07 18.15
APA APA Group 4 Moderate Medium 08/12/2022 9.75 11.03 13.12
SSM Service Stream 4 High Medium 22/11/2022 1.565 0.745 0.05 -49.2
BOQ Bank of QLD 6 Moderate Medium 17/08/2022 8.7 7.37 0.31 -11.72
APA APA Group 4 Low Medium 10/08/2022 8.59 12.14 0.53 47.5
CWNHB Crown Resorts Hybrid 4 Moderate Medium 29/07/2022 98.26 102.75 3.02 7.64
IFL Inisgnia Financial 5 Moderate Medium 13/07/2022 3.59 2.73 0.4 -12.81
MFG Magellan Financial Group 3 Moderate Medium 13/07/2022 33.85 12.15 1.57 -59.47
SIQ Smart Group 5 Moderate Medium 13/07/2022 6.98 6.62 1.43 15.19
WDS Woodside 1.45 High Medium 15/06/2022 29.76 32.54 2.3 17.05
IGL IVE Group Ltd 3 Moderate Medium 11/05/2022 2.28 1.8 0.66 7.89
AGL AGL Energy 3 Moderate Long 03/05/2022 5.35 8.38 0.16 59.63
NSR National Storage REIT 4 Moderate Medium 13/04/2022 2.04 2.65 0.09 34.31
XARO ActiveX Ardea Real Outcome Bon 5 Low Long 13/04/2022 26.47 25.28 1.6 1.55
AWC Alumina Ltd 4 Moderate Medium 24/02/2022 2.2 1.95 -11.36
DXS Dexus 4 Low Long 25/11/2021 9.2 11.27 0.23 25
more

Recent Opinion for the Income Portfolio

Bank of Queensland (BOQ) v Commonwealth Bank (CBA)

The relative performance across the ASX Banking Sector has been significant, even in 2024, when they at least all travelled in the same direction. For example, year-to-date, Commonwealth Bank (CBA) has rallied +19.2% while the Bank of Queensland (BOQ) has edged up just +2.9%.

Read more

Super Retail Group (SUL) v JB Hi-Fi (JBH)

On Wednesday, two of our retail stocks delivered the best and worst performances in the sector: Super Retail Group (SUL) +2.4% and JB Hi-Fi (JBH) -0.5 %. Interestingly, so far in 2024, JBH has advanced to new all-time highs, while SUL has fallen ~15% from its February high. The question that crossed our mind is whether we will likely see further reversion between these two into Christmas.

Read more

Fortescue Ltd (FMG) $22.36

Overnight, we heard that Twiggy Forest has retreated from his ambitious goal of 15 million tonnes of green hydrogen by 2020—another ESG disappointment. FMG also intends to cut 700 jobs by bringing its mining and energy divisions under one roof and streamlining the business in the process. Twiggy still appears committed to his green dream, but he’s fallen on his sword in terms of timing.

Read more

Telstra Group (TLS) $3.83

According to the UBS Evidence Lab, which conducts consumer research, its findings suggest that overall churn intentions across the industry remain stable (and low) despite consumers expecting to continue to pay more for telco products. They also think that higher churn is more likely in the more price-sensitive areas of the market, which is not the typical TLS customer.

Read more

APA Group (APA) $8.04

APA’s energy infrastructure business has been underperforming since it peaked in 2022. At the same time, Australian bond yields took another leg higher, with the 3s advancing from 3% to 4%. We see solid value in APA as a defensive stock when we combine our bullish view on bonds (lower yields) and the company’s sustainable and growing yield in the 7% region

Read more

Commonwealth Bank (CBA) $129.92

CBA made new all-time highs again on Thursday, taking its gain year-to-date to +15.9% - not bad for a stock that no major analysts believe is a buy. Interestingly, retail shareholders were also sellers of the “Big Four” banks last quarter bar Westpac (WBC); they all recorded their lowest level of retail ownership at the EOFY.

Read more

Centuria Capital (CNI) $1.56

Early in the week, UBS re-cut their numbers on the local property stocks, and with that, they downgraded CNI to sell – should we be concerned? The list of downgrades included cutting CNI/GMG/SCG from Neutral to Sell and ARF/BWP from Buy to Neutral.

Read more

BHP Group Ltd (BHP) $43.48

BHP is the world's largest diversified resources company, with its key businesses being iron ore, base metals (Cu & Ni), coal (primarily metallurgical), and potash. Diversification can work for and against the “Big Australian,” with Cu a hot market at present while Ni is doing it tough as Indonesia depresses prices.

Read more

Fortescue Ltd (FMG) $21.82

Iron ore will be in a moderate surplus in 2024/25, which is not good news for prices and as a consequence FMG, which generated well over 90% of its revenue from the bulk commodity in 2023.  As markets look forward into this pricing environment, FMG has been sold down aggressively, pulling back over 30% since the January highs, around twice the size of the correction experienced in RIO & BHP.

Read more

APA Group (APA) $7.88

APA's energy infrastructure business has been a major underperformer over the last two years. Still, we see excellent value in APA as a defensive stock when we combine our bullish view on bonds (lower yields) and the company's sustainable and growing yield in the 7% region.

Read more
more

History of Actions for the Income Portfolio

OZBD
UPDATED 18/07/2024 11:09
MM are selling OZBD in the Active Income Portfolio, taking profit around $44.00
Add To Hit List
CBA
UPDATED 18/07/2024 11:08
MM is still preferring CBA over BOQ
Add To Hit List
FMG
UPDATED 18/07/2024 11:07
MM are bullish FMG into the upcoming results & dividend
Add To Hit List
JBH
UPDATED 18/07/2024 11:07
MM is long and bullish JBH and SUL
Add To Hit List
TLS
UPDATED 17/07/2024 09:07
MM remains bullish on TLS
Add To Hit List
APA
UPDATED 16/07/2024 09:58
MM is bullish APA around $8
Add To Hit List
CBA
UPDATED 12/07/2024 16:58
MM is cautiously bullish on CBA
Add To Hit List
CNI
UPDATED 10/07/2024 09:34
MM remains cautiously bullish CNI ~$1.56
Add To Hit List
BHP
UPDATED 09/07/2024 09:45
MM is long and bullish towards BHP
Add To Hit List
FMG
UPDATED 09/07/2024 09:44
MM is likes FMG for income ~$21.50
Add To Hit List
more
scroll
Back to top