Hi everyone it's Jeff Beck with The
Tranel Financial Group, hope you're
having a great day today!
We're just reaching out to give you an
update because you are invested in our
Tactical Income Solution portfolio. So
with everything going on with the global
pandemic
we just want to make sure that you're
well aware of how your account is
performing
especially in comparison to what the
markets as a whole are doing
as of today June 1st the S&P 500
is down just below six percent year
to date
and your Tactical Income Solution
portfolio is down right around five
percent. So very similar as far as the
fluctuation currently,
but we still feel very confident with
how you're invested.
Obviously we've talked in detail about
how this account is set up, but we just
want to give you a brief
overview just to give you that
confidence of your portfolio and what
it's doing in the long term.
So first and foremost, if you remember
you're invested in companies that fall
into one of six sectors
consumer food, consumer staples, energy,
utility, pharmaceuticals and
telecommunication.
Those six sectors are really important
because we consider them to be essential
right we're hearing that word a lot
right now and that's very important with
the companies that you're invested in
right some sectors and companies are
very cyclical
and they've performed very poorly right
now in a time like this.
The companies that you're in because of
that essential nature have really held
up very well
compared to a lot of other sectors, so
that's a very positive thing we feel
very comfortable with these companies
their balance sheets are strong
revenue is still very strong so as the
economy starts to rebound
these companies will be in a very great
position to move forward.
The second part of the portfolio that we
want to touch on with you
is the dividends, so that's a very
important piece of this and we have
strived to have
at least a three and a half percent
dividend yield for this portfolio
uh as of the end of the month it was
just over 3.8%,
so that's really strong even in times
like this where we're not seeing a ton
of growth you have a nice strong
dividend yield that is coming back to
the portfolio and being reinvested
to buy more and more shares, so we really
really love to see that.
A majority of the companies in the
portfolio are what we call dividend
aristocrats
so that means not only have they paid a
dividend for the last 25 years,
but they've actually increased it every
single year for at least 25 years
so that is a very powerful track record.
At the end of the first quarter out of
13 companies in the portfolio
that reported their dividends 12 out of
the 13
actually increased their dividends and
one company
kept it exactly the same so that's huge
we see a lot of these companies either
going out of business or struggling to
stay open
right they're cutting their dividends
they're not going to pay those for this
year
the companies you're investing are
continuing to pay those dividends
and increasing them throughout this so
that is really really huge
really powerful going through a time
like this.
So again just wanted to give you a brief
update on where you're at
especially compared to the broad market
as i mentioned we feel very confident
about the holdings you have
and where they're positioned moving
forward so we just wanted to give you
that update
let you know how things are going here
at the end of May
we have one more month left in the
quarter so as we continue to move
forward there will be new information
and things changing as it always does
we'll make sure that we stay in contact
with you and continue to give as many
updates as we possibly can.
So again just wanted to share those
updates with you if you do have any
questions please feel free to reach out
to us our phone number here is 847-680-9050
Thank you and stay safe.
