401 Advisor Profile Picture Investment Adviser

401 Advisor

Founder,Financial Services,401 Advisor

  • Education University of Rochester
  • Qualifications BA Economics
  • Investment Experience 20+ years - Winner of the 2008 Charles H. Dow award
  • Founded 1993

Dividend and Income Plus

Our model aims to provide a stable value while generating a high yield (target of 8%). We use fundamental research in order to assess dividend stability and growth. For this model, we're typically invested 80% in domestically listed securities and 20% in a long US index fund, cash or short ETF for principal stability.
We aim to provide stable value while generating high yield. We typically invest 80% in domestically listed securities (U.S. stocks/bonds, preferred stocks, ETFs), and 20% in a U.S. index fund, cash, or a short ETF for principal stability. Focuses on managing downside risk, reducing volatility, and sustaining capital appreciation. Emphasizes dividends and interest to protect investments and avoid share erosion through ill-timed distributions at market lows.
We conduct fundamental research using publically available information such as financial statements. We perform a top-down overview to assess future dividend prospects and employ award-winning proprietary technical analysis to determine a long, short, or neutral position. We aim to maximize hedge effectiveness by identifying the most appropriate sector based on correlation to the overall model.
This model typically holds a minimum of 10 income-producing securities, plus one or two additional market long or short positions. Holdings tend to increase as individual securities are added and decrease as more ETFs are selected.
We emphasize income generation rather than market return, including low priced securities with stable dividends, and reevaluate those that reduce or suspend dividends. We attempt to hedge against market loss (for securities negatively affected by industry sector factors) by purchasing short or leveraged short ETFs in the sector, making it possible to collect dividends or yield while minimizing or reversing model damage.
None.

Risk score

3
12.4%

Best 30 days

-11.9%

Worst 30 days

Performance

  • 4.0%
    30 day
  • 2.9%
    90 day
  • 10.3%
    365 day
Monthly vs S&P500
401 advisor - dividend and income plus
-10.0% 12 months
Subscribe
  • $20,000 subscription min
  • 1.5% fee

Replicability

100.0%
  • Replicable

Top 5 Holdings View all

17.7%
14.0%
11.1%
10.4%
10.4%

Performance detail

  • Manager
  • S&P 500
30D 90D 365D SI

Performance

Inception March 04, 2010
as of May 16, 2013 Manager S&P 500 Average Subscriber
Past 30 days 4.0% 4.8% 3.9%
Past 90 days 2.9% 8.6% 2.6%
Past 365 days 10.3% 24.6% 8.8%
Since Inception (Annualized) 12.4% 12.8% -
2013 (YTD) 7.7% 15.7% 7.3%
2012 7.6% 13.4% 4.8%
2011 4.7% -0.0% -

Risk Metrics

Last 365 days
as of May 16, 2013 Manager S&P 500
Best 30 days 7.4% 7.5%
Worst 30 days -6.3% -7.0%
Volatility 8.7% 12.8%
Sharpe Ratio 1.17 1.90
Sortino Ratio 1.61 2.75
Maximum Drawdown -6.8% -7.7%
Value-at-risk (95%, 1 week) -2.0% -3.0%
vs. S&P 500
Information Ratio -1.66
Alpha -1.3%
Beta 0.50
R-Squared 0.56
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Subscribe
  • $20,000 subscription min
  • 1.5% fee

Latest transactions view all

Average trades per month 2.2
Executed Symbol Security Replicable Type Price
05/13/13 NLY Annaly Capital Management Inc Yes Sell $14.61
04/03/13 MCD McDonald's Corp Yes Sell $99.50
01/14/13 INTC Intel Corp Yes Buy $21.90
01/07/13 ESP ESPEY MFG & ELECTRONICS CORP   Sell $24.46
11/27/12 MCD McDonald's Corp Yes Buy $86.06
11/27/12 BKLN POWERSHARES SENIOR LOAN Yes Buy $24.66
11/14/12 JNK SPDR Barclays Capital High Yield Bond ETF Yes Sell $39.88
10/17/12 JNK SPDR Barclays Capital High Yield Bond ETF Yes Buy $40.62


Important Information

1. Past performance is no guarantee of future results.

2. Performance of the model manager's account is calculated by Covestor on a daily time-weighted basis, including cash, dividends and earnings distributions, and broker commissions. Manager returns include trades that fail Covestor's trading rules, do not reflect any Covestor suitability or risk score restrictions and are exclusive of Covestor fees. More

3. Average subscription returns ("Avg Sub" or "Avg Client") are calculated by Covestor and are composed of the average, daily, time weighted returns of all active subscriptions to the underlying model. These daily average returns are then linked together for the timeframe requested. In addition, these returns include cash, dividends and earnings distributions, brokerage commissions, Covestor advisory fees, and reflect individual client suitability and risk score restrictions. More

4. All graph data is as of the end of day for the referenced period, unless otherwise specified. The subscription minimum is the minimum subscription required to follow a particular model. The minimum amount is determined by Covestor, based on the characteristics of the underlying model. It should not be considered as specific investment advice for your investment situation.

5. The performance charts are provided for informational purposes only, and should not be used as the basis for making an investment decision. Variables such as corporate actions or foreign exchange may affect daily performance displays. We rely on mathematical formulas, computer programs, and pricing information from third-party vendors to provide these returns. Neither Covestor nor any of its data or content providers shall be liable for any errors in this information or any actions taken by you in reliance upon this information.

6. Benchmark returns have been calculated by Covestor using a time-weighted calculation of daily index valuations and do not include cash, dividends and earnings distributions, or transaction costs. More

7. Leverage indicates the level of margin utilized and is calculated by dividing gross exposure by portfolio net liquidation value.

8. All Model Manager information including personal data, profiles, strategies, monthly investment reports, and historical results outside of Covestor has been provided by the Model Manager. Covestor makes no representation or warranty of its accuracy, completeness or relevance and it does not represent the opinions of Covestor. Transaction history is available upon request. Model classifications (Approach, Asset Class) are provided by Covestor, and are intended to serve as a general guide.

9. Top Replicable Holdings: These securities are currently held in the model manager's brokerage account. Those marked as "Replicable Holdings" currently pass Covestor's trading rules, subject to individual client constraints. Eligibility for replication may change over time. Actual client subscription holdings may vary.

10. Latest Transactions: These transactions were executed in the model manager's brokerage account. Those marked as "Replicable" () passed Covestor's trading rules and were eligible for replication at the time of execution, subject to individual client constraints. Eligibility for replication may change over time. Actual client subscription trade activity may vary.

11. S&P 500 Index is an unmanaged index compiled by Standard & Poor´s Corp. Index returns do not reflect any management fees, transaction costs or expenses. Individuals cannot invest directly in an Index. S&P 500 index data: S&P/Dow Jones Indices LLC, a subsidiary of The McGraw-Hill Companies Copyright © 2013.


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