The Dividend Guy’s March Dividend Portfolio Review

Written by The Dividend Guy on March 30, 2008

Monthly Dividend Portfolio Review

This month has been another month marked with volatility and continued weakness in the financial sector. For example, my Citigroup holdings value went from anywhere just above $900 to around $1100. A $200 swing on around 46 shares is pretty huge volatility. The good thing is I will still be receiving dividends from Citi which will allow me to purchase additional shares at these prices. As I am a 20+ year investor, I have the time to let things play out.

My returns as a result of my overweighting in financials is still somewhat below my benchmark. My annualized return is -7.5% and the FPX Growth Index I track against is only down 1.4%. This is a huge difference, but once again it is because of my financial weighting in my portfolio. Here is what my sector allocation looks like as of March 30, 2008.

The Dividend Guy March Sector AllocationClick to Enlarge

I have continued to work on my overall asset allocation, as I purchased some shares in the Canadian Short Bond Index Fund (XBB) by from iShares. You can see those Fixed Income lines starting to come together with 14% of my portfolio in fixed income (target=20%). That has some a long way since the 0% I had at the start of the year. I still have to lighten up on the Canadian equity, which is in motion since I am doing an in-kind transfer of one company to my eTrade account at which time I will sell those shares and balance out the fixed income portion. The chart below shows what my asset allocation looks like as of March 30, 2008.

The Dividend Guy March Asset AllocationClick to Enlarge

The overall portfolio values are presented below.

The Dividend Guy March PortfolioClick to Enlarge

Remember, think long term and make sure your asset allocation is structured properly. I am evidence that a properly structured asset is better than not having one - had I been properly structured my volatility would have been much less severe and I would not have been down as much as I am.


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4 Comments so far

  1. Sara - PensionComparison.com March 30, 2008 11:16 am

    Thanks for the tips - nice blog!

  2. Andrius March 31, 2008 2:32 pm

    Hi, did you ever analyze this high div yeld stock (PNM Resources): http://finance.yahoo.com/q?s=PNM?
    If you did, can you make a few comments on it?
    Thanks

  3. cc April 1, 2008 11:06 pm

    Ever consider allocating a portion to Mergers and Acquisition Spread.
    Great site for publicly traded mergers and acquisitions
    http://www.willtheymerge.com/Spread.php

    Also consider preferred stocks. With the credit markets all screwy the yields are getting bigger.
    http://www.preferredstockcentral.com

  4. march 31 2008 my default portfolio April 20, 2008 7:30 am

    […] ever analyze this high div yeld stock … I maintain a list of dividend stocks on my watch list. …http://www.thedividendguyblog.com/the-dividend-guys-march-dividend-portfolio-review/Virtual stock market game - YalicooReal time exchange portfolio transparency. Cash prizes. Nasdaq ?? […]

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