NHVCF - Mutating The Hybrid Dividend Income Portfolio: Stocks Out CEFs In
Back in 2015, I presented my Hybrid Dividend Income Portfolio. It is "hybrid" because although most positions are income-focused, I also maintain some valuation plays that I believe might generate additional capital to feed new income segment purchases. At the time, I was looking for a yield between 4% and 10%, and a relatively cheap valuation based on metrics like P/E ratio, and AFFO (adjusted funds from operations) in the case of real estate investment trusts. Diversification across business sectors and geographic zones was also a priority. I subsequently got very busy managing the