Hrvoje Sajkovic Profile Picture Individual Investor

Hrvoje Sajkovic

  • EducationBS, Economics, University of Zagreb, Croatia
  • Investment ExperienceSince 2002

Sustainable Dividend Growth

The Sustainable Dividend Growth investment strategy seeks to offer above-average income for its investors, as well as a degree of capital appreciation. It strives to offer consistent returns and a low level of volatility over time. It mainly invests in high yield stocks with a two-year history of consistent dividend payouts.

Risk score

Risk Score 4
Leverage: 1.29

Best 30 days


Worst 30 days


  • 1.0%
    30 day
  • 6.9%
    90 day
  • 5.7%
    365 day
    July 24, 2012
Monthly vs S&P500
Hrvoje Sajkovic - Sustainable Dividend Growth Monthly vs S&P500
-8.0% 12 months

Portfolio currently closed to new investors. Let me know if space becomes available.

  • $20,000 investment min
  • Margin account required
  • 0.5% fee


  • Consumer, Cyclical
  • Financial
  • Equity Fund
  • Basic Materials
  • MLP

Top 5 securities View all


Portfolio commentary

  1. Dividend investing: Three reasons why it's back

    22 May 2014

    What's behind the reemergence of dividend investing this year.

  2. Stocks for income: High yield or dividend growth? 5 March 2014

show more

Performance detail

  • Manager (net of fees)
  • Russell High Dividend Yield


Covestor inception July 24, 2012

as of April 24, 2015 Manager (net of fees) Russell High Dividend Yield S&P 500
Past 30 days 1.0% 2.4% 2.9%
Past 90 days 6.9% -3.1% 3.7%
Past 365 days 5.7% 11.5% 15.0%
Since Covestor inception (Annualized) 11.9% 16.3% 20.7%
2015 (YTD) 5.5% 0.5% 3.5%
2014 -2.7% 15.6% 13.7%
2013 21.2% 28.0% 32.4%

Risk metrics

Last 365 days

as of April 24, 2015 Manager (net of fees) Russell High Dividend Yield S&P 500
Best 30 days 11.4% 6.1% 9.7%
Worst 30 days -11.3% -5.6% -6.7%
Volatility 14.8% 10.2% 11.6%
Sharpe Ratio 0.39 1.12 1.29
Sortino Ratio 0.55 1.60 1.85
Maximum Drawdown -14.6% -7.5% -7.3%
Value-at-risk (95%, 1 week) -3.4% -2.4% -2.7%
vs. Russell High Dividend Yield vs. S&P 500
Information Ratio - 0.49 - 1.14
Alpha -2.5% -8.9%
Beta 0.89 1.06
R-Squared 0.38 0.69

Portfolio currently closed to new investors. Let me know if space becomes available.

  • $20,000 investment min
  • Margin account required
  • 0.5% fee

Latest transactions View all

Average trades per month 4.5
Executed Symbol Security Replicable Type Price
04/07/15 CNA CNA Financial Corp Yes Sell $41.65
04/07/15 AGII Argo Group International Holdings Ltd Yes Buy $50.62
04/07/15 ARLP Alliance Resource Partners LP Yes Buy $33.49
04/07/15 PNNT PennantPark Investment Corp Yes Sell $9.13
04/07/15 THO Thor Industries Inc Yes Buy $63.04
04/07/15 AFSI AmTrust Financial Services Inc Yes Buy $57.98
12/16/14 AGII Argo Group International Holdings Ltd Yes Sell $52.14
12/16/14 ARCC Ares Capital Corp Yes Sell $14.82

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. 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.