Dan Plettner Profile Picture Individual Investor

Dan Plettner

Financial Services

  • EducationNew York University; Miami University of Ohio
  • QualificationsMBA, BS
  • Investment ExperienceApproximately 20 years

Core

The Core Total Return investment strategy seeks to exploit inefficiencies in Closed-End Funds. I potentially seek a risk-adjusted total return outperformance versus the S&P 500 index.  The portfolio’s target yield is 3-6% when it is fully invested. That said, I believe that total return is more important than the yield.

Risk score

Risk Score 3
3
11.6%

Best 30 days

-17.8%

Worst 30 days

Performance

  • 1.4%
    30 day
  • 0.8%
    90 day
  • 7.7%
    365 day
    March 31, 2010
Monthly vs S&P500
Dan Plettner - Core Monthly vs S&P500
-8.7% 12 months
Invest

There is limited availability left for this portfolio. Contact us on 1.866.825.3005 for details.

  • $30,000 investment min
  • 1.5% fee

Exposure

76.9%
10.0%
7.3%
3.2%
2.6%
  • Equity Fund
  • Misc Funds
  • Debt Fund
  • Asset Allocation Fund
  • Preference Shares

Top 5 securities View all

10.8%
9.6%
9.6%
7.7%
5.7%

Portfolio commentary

  1. Focusing on income and managing risk

    13 August 2014

    Dan Plettner updates investors on his latest portfolio moves and market observations.

  2. Diversification is a must in this market 9 June 2014
  3. KIPO: Finding my highest conviction idea off the beaten path 9 April 2014
  4. Anatomy of two short positions in a bull market 21 March 2014
  5. MLPs could benefit from bond fund carnage 27 June 2013

show more


Performance detail

  • Manager (net of fees)

Performance

Covestor inception March 31, 2010

as of October 30, 2014 Manager (net of fees) S&P 500
Past 30 days 1.4% 1.3%
Past 90 days 0.8% 4.1%
Past 365 days 7.7% 15.5%
Since Covestor inception (Annualized) 11.0% 14.7%
2014 (YTD) 7.4% 9.7%
2013 18.8% 32.4%
2012 19.5% 16.0%
2011 0.1% 2.1%

Risk metrics

Last 365 days

as of October 30, 2014 Manager (net of fees) S&P 500
Best 30 days 6.3% 7.9%
Worst 30 days -6.4% -6.7%
Volatility 8.1% 11.0%
Sharpe Ratio 0.95 1.41
Sortino Ratio 1.30 1.85
Maximum Drawdown -8.3% -7.3%
Value-at-risk (95%, 1 week) -1.9% -2.5%
vs. S&P 500
Information Ratio - 1.23
Alpha -1.3%
Beta 0.60
R-Squared 0.67
Invest

There is limited availability left for this portfolio. Contact us on 1.866.825.3005 for details.

  • $30,000 investment min
  • 1.5% fee

Latest transactions View all

Average trades per month 3.0
Executed Symbol Security Replicable Type Price
10/15/14 CLM Cornerstone Strategic Value Fund Inc Yes Buy $4.42
10/15/14 BIF Boulder Growth & Income Fund Inc Yes Buy $8.25
10/10/14 DRA Diversified Real Asset Income Fund Yes Buy $17.74
10/02/14 NMA Nuveen Municipal Advantage Fund Inc Yes Sell $13.47
10/02/14 NZF Nuveen Dividend Advantage Municipal Fund 3 Yes Sell $13.69
10/02/14 NVG Nuveen Dividend Advantage Municipal Income Fund Yes Sell $14.11
10/02/14 NQU Nuveen Quality Income Municipal Fund Inc Yes Sell $13.74
08/18/14 FOFI First Opportunity Fund Inc   Sell $9.69

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 average, time-weighted 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. Benchmarks presented are total return and therefore inclusive of cash, dividends and earnings distributions but not 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 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. Transactions that are 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 investment trade activity may vary.
  10. Index returns do not reflect any management fees, transaction costs or expenses. Individuals cannot invest directly in an Index.