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


  • -0.5%
    30 day
  • -1.4%
    90 day
  • 8.2%
    365 day
    December 28, 2011
Monthly vs S&P500
Timberline Investment Management - Dividend and Growth Monthly vs S&P500
-3.1% 12 months
  • $30,000 investment min
  • 1% fee


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

Top 5 securities View all


Portfolio commentary

  1. Parsing a mixed bag jobs report

    8 July 2015

    Latest read on US jobs market is consistent with the tepid growth.

  2. US economy takes flight once more 11 June 2015
  3. DuPont investors reject Peltz-led board seat battle 21 May 2015
  4. Why the Fed will slow walk rate hikes 12 May 2015
  5. Has the US jobs growth machine misfired? 8 April 2015

show more

Performance detail

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


Covestor inception December 28, 2011

as of August 03, 2015 Manager (net of fees) Russell High Dividend Yield S&P 500
Past 30 days -0.5% - 1.1%
Past 90 days -1.4% -1.0% 0.9%
Past 365 days 8.2% 5.5% 11.2%
Since Covestor inception (Annualized) 12.2% 13.4% 17.9%
2015 (YTD) 1.2% -2.4% 3.1%
2014 12.1% 15.6% 13.7%
2013 28.1% 28.0% 32.4%
2012 4.2% 8.4% 16.0%

Risk metrics

Last 365 days

as of August 03, 2015 Manager (net of fees) Russell High Dividend Yield S&P 500
Best 30 days 10.0% 6.1% 9.7%
Worst 30 days -7.0% -5.6% -6.7%
Volatility 11.8% 10.1% 12.2%
Sharpe Ratio 0.69 0.54 0.92
Sortino Ratio 1.04 0.77 1.38
Maximum Drawdown -8.2% -7.5% -7.3%
Value-at-risk (95%, 1 week) -2.7% -2.3% -2.8%
vs. Russell High Dividend Yield vs. S&P 500
Information Ratio 0.34 - 1.02
Alpha 4.4% -2.1%
Beta 0.87 0.94
R-Squared 0.55 0.94
  • $30,000 investment min
  • 1% fee

Latest transactions View all

Average trades per month 1.7
Executed Symbol Security Type Price
06/22/15 RF Regions Financial Corp Buy $10.55
06/05/15 MMM 3M Co Sell $157.60
05/06/15 DD EI du Pont de Nemours & Co Buy $73.34
05/06/15 D Dominion Resources Inc/VA Buy $70.83
05/06/15 PBCT People's United Financial Inc Buy $15.13
04/15/15 ETN Eaton Corp PLC Buy $69.05
12/23/14 ETN Eaton Corp PLC Buy $69.57
12/22/14 PAYX Paychex Inc Sell $46.97

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. The checked transactions passed Covestor's trading rules and were eligible for investment at the time of execution, subject to individual client constraints. Eligibility 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.