YYY - The Core Income Portfolio: A Look-Back Assessment Of Strategy And Returns

The Core Portfolio

This is meant to be an assessment of our portfolio strategy, looking at what went right and what went wrong in building an income portfolio of closed-end funds ("CEFs").

The strategy is meant to provide yield in a yield-less world, hence the name of our Marketplace service as Yield Hunting. The hunt for yield. But typically what we see is investors reaching for yield in very high-yield stocks. Those are often relegated to the energy and financial sectors that are extremely high risk.

Most investors have a typical asset allocation of say