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