It truly is hard to believe that one third of the year has flown by already. Now that we have 4 months "in the bank", so to speak, let's catch up to how our "Team Alpha" core portfolio is doing.
Our current portfolio consists of ExxonMobil (XOM), Johnson and Johnson (JNJ), AT&T (T), General Electric (GE), Annaly Capital (NLY), Southern Company (SO), Procter & Gamble (PG), Philip Morris (PM), Intel (INTC), Realty Income (O), Chevron (CVX), E.I. du Pont (DD), Duke Energy (DUK), Coca-Cola (KO), and Bank of America (BAC).
Our Core Portfolio Results
| stock | #Shares | 4-30-PPS | 5-1-Value |
| XOM | 100 | 86/shr | 8600 |
| JNJ | 100 | 65/shr | 6500 |
| T | 100 | 33/shr | 3300 |
| GE | 100 | 20/shr | 2000 |
| NLY | 110 | 16/shr | 1760 |
| BAC | 500 | 8/shr | 4000 |
| PG | 200 | 64/shr | 12800 |
| KO | 50 | 77/shr | 3850 |
| PM | 140 | 90/shr | 12600 |
| INTC | 300 | 29/shr | 8700 |
| O | 100 | 40/shr | 4400 |
| CVX | 100 | 107/shr | 10700 |
| DD | 100 | 54/shr | 5300 |
| DUK | 100 | 22/shr | 2200 |
| SO | 300 | 46/shr | 13800 |
| Cash Rsv | 0 | 18452 | |
| Total | x | x | 118962 |
The key highlights to note are as follows:
- The portfolio did not add shares in the last month as our limit orders did not fill
- We collected $425 in dividends during the last month
- We sold no covered calls as the premiums were too low
- We sold no naked puts and collected no premiums
- We maintained our portfolio core while adding BAC
- We added KO to the core as well
From the time we began our journey back in late October of 2011, the S&P stood at 1215 and closed on April 30th 2012 at 1392 which reflects an increase of 14.66%.
We began our journey with $100,000 and now have a total portfolio value of $118,962, an increase of 18.96% during the same time frame. "Team Alpha" has outperformed the S&P by 4.30% or 30% (rounded up from 29.72%).
My Opinion
We did not have Apple (AAPL) to drive our gains, and we stuck to our strategy throughout the period with no major changes. A 4.30% edge over the S&P without the highest flyer is quite significant as we continue to wait for some better buying opportunities next month.
Great job "Team Alpha"
