Income Portfolio

5 replies [Last post]
snaggletooth's picture
Offline
Joined: 2007-07-13

Without using annuities, what is the most kick ass income portfolio some of you guys are building right now?
 
Say the client had both qualified and non-qualified accounts, what are you using and what is the yield you are getting?  It doesn't have to be pure bond income either, for instance I've been using hybrid UIT's for a portion.
 
What's the breakdown generally of investment grade vs. high yield etc?
 
 
 
 

Sportsfreakbob's picture
Offline
Joined: 2008-08-24

What a great question.
I've been looking for bonds all day, need to go out further than i am willing, to get any kind of respectable yield on a decent credit

snaggletooth's picture
Offline
Joined: 2007-07-13

Sportsfreakbob wrote:What a great question.
I've been looking for bonds all day, need to go out further than i am willing, to get any kind of respectable yield on a decent credit
 
I don't want individual bonds.  I want UIT's, mutual funds, ETF's, and hookers.

Jebediah's picture
Offline
Joined: 2009-07-10

Hookers generally lower the effective yield of an income portfolio (due to high expenses).

anonymous's picture
Offline
Joined: 2005-09-29

They're cheaper than dating.

AdvisorControl.com's picture
Joined: 2009-05-29

Warning *Shameless Self Promotion Contained*We offer a pretty wicked all ETF income portfolio that is available via UMA at most indpendent b/d's and major custodians.  It's basically a quant driven all market income portfolio with a little 30% tactical rate arbitrage built in.  Most of you know how to find me if you want more info - I'll try to keep the plugs at a minimum for a while.*Self Promotion Now Finished*There is really no great buy and hold income "strategy" or "portfolio".  The breakdown of high quality / low quality is of little importance when it comes to total return.  Optimization of past allocations will almost surely produce less than desirable results - so you either need to go with a basic portfolio or something a little radical.If all else fails, then just use Pimco Total Return at the core and complement it with various global/high yield/inv grade/etc.  It won't kick ass (as you say); but it won't likely blow up either.  Something a lot of over-optimized allocations/models will.As fair warning - yield is irrelevant.  Looks good on a statement, but total return and predictability of that return is what you should shoot for on an income portfolio that is non-fixed.  If all you want is fixed, then just stick to the basics and do NOT try to maximize yield.Good luck and if you find something great in your search, be sure to share it with the rest of us.

Please or Register to post comments.

Industry Newsletters
Careers Category Sponsor Links

Sponsored Introduction Continue on to (or wait seconds) ×