BA - Challenging Q4 For The Dividend Growth TR Portfolio But Well-Positioned For 2019
Q4 Review
Q4 2018 was a volatile quarter. Between rising interest rates, concerns about the trade war with China, and our government shutting down, equities declined sharply; the S&P 500 Total Return index was down 14.3%. The DGTR portfolio underperformed with a 16.4% decline, caused in part by its lower-yield, higher-growth focus and sharp pullbacks in a few specific holdings. For 2018, the DGTR had a -5.8% return compared to -5.2% for the S&P 500 TR. However, since its 2017 inception DGTR is ahead 27.7% to 15.5% versus the S&P.
The DGTR portfolio received $1477.53