DIVO's trailing yield overstates its committed forward rate by 30%, built on discretionary year-end specials the fund has never guaranteed to repeat.
DIVO, DGRO, and MAIN all show gaps between trailing and forward income, inflating the look-back for most of the portfolio's weight.
Duke Energy and Southern Company, the smallest 5% positions, are the only holdings with predictable scheduled dividend raises a retiree can count on to the penny.
Read More: Learn 7 ways to generate income with a $1,000,000+ portfolio (sponsor)
Replacing $8,600 a month, or roughly $103,200 a year, with portfolio income at age 61 sounds pretty straightforward on paper. But here's the catch: the biggest holding in a popular seven-fund income sleeve is the one whose payout the fund has never actually promised.
#income #fund #divo #main
DIVO, DGRO, and MAIN all show gaps between trailing and forward income, inflating the look-back for most of the portfolio's weight.
Duke Energy and Southern Company, the smallest 5% positions, are the only holdings with predictable scheduled dividend raises a retiree can count on to the penny.
Read More: Learn 7 ways to generate income with a $1,000,000+ portfolio (sponsor)
Replacing $8,600 a month, or roughly $103,200 a year, with portfolio income at age 61 sounds pretty straightforward on paper. But here's the catch: the biggest holding in a popular seven-fund income sleeve is the one whose payout the fund has never actually promised.
#income #fund #divo #main
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