401 Advisor Profile Picture Investment Adviser

401 Advisor

Founder,Financial Services,401 Advisor

  • EducationUniversity of Rochester
  • QualificationsBA Economics
  • Investment Experience20+ years - Winner of the 2008 Charles H. Dow award
  • Founded1993

Dividend and Income Plus

The Dividend and Income Plus portfolio attempts to provide investors with stable value while seeking a target yield of 8%. We attempt to buy high-yielding securities that our research suggests have the financial ability to maintain and possibly raise dividends. We keep as much as 20% of the portfolio liquid for hedging purposes to maintain principal.

Performance

  • -6.8%

    Month to date

  • -11.2%

    Quarter to date

  • -11.2%

    Year to date

  • Quarterly vs S&P500

    Quarterly vs S&P500

Risk score

  • 13.1%

    Best quarter

  • -8.2%

    Worst quarter

Invest

Pre-investment approval required.

Contact clientservices@covestor.com or call 866.825.3005 x1.

  • $20,000 investment min
  • 1.5% fee

Exposure

35.5%
20.7%
11.9%
9.8%
8.6%
  • Equity Fund
  • Financial
  • MLP
  • Consumer, Non-cyclical
  • Debt Fund

Top 5 securities View all

16.9%
14.6%
11.4%
9.8%
9.3%

Portfolio commentary

  1. Rate hike? Bring it on!

    17 November 2015

    Normalized US interest rates are better for your retirement

  2. Too early for the bears to growl 2 March 2015
  3. Is volatility really such a bad thing for investors? 9 September 2014
  4. What investors should watch in the second half of 2014 2 July 2014
  5. A little perspective on the market's all-time highs 17 June 2014

show more


Performance detail

  • Manager (net of fees)

Performance

Portfolio inception March 04, 2010

as of February 11, 2016 Manager (net of fees) S&P 500
Month-to-date -6.8% -5.7%
Quarter-to-date -11.2% -10.5%
Last 365 Days -16.2% -11.6%
Since inception (Annualized) 3.8% 8.6%
2016 (YTD) -11.2% -10.5%
2015 -3.9% -0.7%
2014 3.6% 11.4%
2013 9.2% 29.6%
2012 6.0% 13.4%
2011 3.2% 0.0%

Risk metrics

Last 365 days

as of February 11, 2016 Manager (net of fees) S&P 500
Volatility 12.7% 16.3%
Sharpe Ratio - 1.29 - 0.73
Sortino Ratio - 1.78 - 1.01
Maximum Drawdown -20.2% -14.2%
Value-at-risk (95%, 1 week) -2.9% -3.8%
vs. S&P 500
Information Ratio - 0.51
Alpha -9.6%
Beta 0.65
R-Squared 0.70

Latest transactions View all

Average trades per month 1.5
Executed Symbol Security Type Price
11/03/14 BKCC BlackRock Capital Investment Corp Buy $8.74
11/03/14 YYY YieldShares High Income ETF Buy $22.96
11/03/14 GSK GlaxoSmithKline PLC Buy $45.42
11/03/14 KKR KKR & Co LP Buy $21.35
11/03/14 PSP PowerShares Global Listed Private Equity Portfolio Buy $11.03
10/20/14 RIG Transocean Ltd Buy $29.23
10/20/14 AMLP Alerian MLP ETF Buy $18.47
10/20/14 PFF iShares US Preferred Stock ETF Buy $39.44

Important Information

  1. Past performance is no guarantee of future results.
  2. Performance of the Portfolio 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 and positions that fail Covestor's trading rules, as a result, actual client returns will differ. Covestor advisory fees are simulated and applied retro-actively to present the portfolio return "net-of-fees".
  3. Average client returns are calculated by Covestor and are composed of the asset-weighted average returns of all active client investments (some of which may contain investment restrictions) to the underlying portfolio. These daily average returns are then linked together for the timeframe presented. These returns include cash, dividends, earnings distributions, brokerage commissions and Covestor advisory fees.
  4. All graph data is as of the end of day for the referenced period, unless otherwise specified. The investment minimum is the minimum investment required to follow a particular portfolio. The minimum amount is determined by Covestor, based on the characteristics of the underlying portfolio. 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. More
  7. Leverage indicates the level of margin utilized and is calculated by dividing gross exposure by portfolio net liquidation value.
  8. All Portfolio Manager information including personal data, profiles, strategies, monthly investment reports, and historical results outside of Covestor has been provided by the Portfolio 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. Portfolio classifications are provided by Covestor, and are intended to serve as a general guide.
  9. Not all transactions listed will appear in your account due to Covestor's trading rules and individual client constraints. Eligibility of these securities is monitored periodically, and may change over time. Actual client investment holdings may vary.
  10. Index returns do not reflect any management fees, transaction costs or expenses. Individuals cannot invest directly in an Index. For certain portfolios we use an investable ETF as a benchmark, in these cases returns include management fees, transaction costs and expenses.