#HYHRD portfolio #sharebuilder 9/6 update $CMU $CXE $GOF $GUT $HTD $MAV $MFM $MHI $NMZ $PHK $RNP $RQI

Hey, things change…

I invest in 12 closed end funds (listed in post title) as found on cefconnect.com. This selection will not vary much, if at all. The amounts may vary, as they are based on weighted Total Return.

UPDATE: August 27th, 2016 I decided to make the ‘sharebuilder’ investments monthly, on the first Tuesday each month.

Beginning in May, 2016, investment amounts will be based on 1/72nd of the settled cash in the account so it should last ~six months. These amounts will be pro-rated amongst the 12 CEFs according to their Total Return. Dividends will add to the cash balance, withdrawals will reduce it. When the investment amount drops below ~$25, I will fund the investments from our checking account. I am still waiting for a decision on when the Costco Advantage plan benefits will be terminated, or if they will be continued. I think they might just quietly continue…

The common stock that was remaining in the account was sold, and the covered calls were closed.

Here are 2 screenshots, one showing the investments queued on the Capital One Investing (sharebuilder) site, and the other showing the investments on a spreadsheet;



A change was made to the investment schedule to invest the first Tuesday in June. This was done in order to capture some dividends for the CEFs (Closed End Funds) being purchased. Later in the month the schedule reverted to 2nd & 4th Tuesdays, until the next time it changes. We are now investing in all 12 CEFs on the first Tuesday of each month.

Here’s the dates spreadsheet, showing the ex-dividend and payment dates for these CEFs. I also try to keep the calendar updated.;


Stay tuned!

As always, YMMV!


About PandA Trader

I am, I think... "Disobedience, in the eyes of anyone who has read history, is man's original virtue. It is through disobedience and rebellion that progress has been made." -- Oscar Wilde
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