Timberline Investment Management Profile Picture Investment Adviser

Timberline Investment Management

Timberline Investment Management

  • EducationUniversity or Portland; Washington State University
  • QualificationsMBA, BA, CFA
  • Investment ExperienceOver 25 years
  • Founded2005

Dividend and Growth

Based on numerous studies, dividend stock strategies have a historical record of outperforming the S&P 500 with greater consistency and less volatility.  Over time, Timberline believes, but cannot guarantee, these positive qualities will persist.  With the Timberline Dividend & Growth strategy, Timberline seeks to add value to this historical strength with a diversified portfolio of dividend paying stocks that is backed by depth of manager experience and an effective decision making process.

Risk score

Risk Score 3

Best 30 days


Worst 30 days


  • 0.3%
    30 day
  • 2.2%
    90 day
  • 15.4%
    365 day
    December 28, 2011
Monthly vs S&P500
Timberline Investment Management - Dividend and Growth Monthly vs S&P500
-1.0% 12 months
  • $30,000 investment min
  • 1% fee


  • Financial
  • Consumer, Non-cyclical
  • Technology
  • Industrial
  • Energy

Top 5 securities View all


Portfolio commentary

  1. The teflon stock market recovery carries on

    18 November 2014

    Corporate earnings and a strong economy are supporting the stock market.

  2. Pandemics rarely infect stock markets 21 October 2014
  3. Key takeaways for investors as unemployment drops below 6% 3 October 2014
  4. Get ready for the summer market doldrums 15 July 2014
  5. Why stocks look good for the long haul 28 April 2014

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Performance detail

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


Covestor inception December 28, 2011

as of December 18, 2014 Manager (net of fees) Russell High Dividend Yield S&P 500
Past 30 days 0.3% 1.8% 0.6%
Past 90 days 2.2% 5.5% 3.1%
Past 365 days 15.4% 17.8% 16.2%
Since Covestor inception (Annualized) 14.6% 17.6% 20.9%
2014 (YTD) 12.6% 16.1% 13.8%
2013 28.1% 28.0% 32.4%
2012 4.2% 8.4% 16.0%

Risk metrics

Last 365 days

as of December 18, 2014 Manager (net of fees) Russell High Dividend Yield S&P 500
Best 30 days 10.0% 7.2% 9.7%
Worst 30 days -7.0% -4.2% -6.7%
Volatility 10.5% 9.3% 11.3%
Sharpe Ratio 1.46 1.91 1.43
Sortino Ratio 1.89 2.71 1.85
Maximum Drawdown -8.2% -4.9% -7.3%
Value-at-risk (95%, 1 week) -2.4% -2.1% -2.6%
vs. Russell High Dividend Yield vs. S&P 500
Information Ratio - 0.45 - 0.29
Alpha -1.5% 0.8%
Beta 0.97 0.90
R-Squared 0.74 0.94
  • $30,000 investment min
  • 1% fee

Latest transactions View all

Average trades per month 1.8
Executed Symbol Security Replicable Type Price
12/16/14 MSFT Microsoft Corp Yes Buy $45.85
12/15/14 CVX Chevron Corp Yes Buy $103.07
12/12/14 AAPL Apple Inc Yes Sell $110.45
12/05/14 MRK Merck & Co Inc Yes Buy $61.00
11/21/14 KMI Kinder Morgan Inc/DE Yes Buy $40.14
11/17/14 DD EI du Pont de Nemours & Co Yes Sell $70.46
11/11/14 WM Waste Management Inc Yes Buy $49.46
11/07/14 LEG Leggett & Platt Inc Yes Buy $40.08

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.