Sunday, June 8, 2014

Update for Closed End Fund Portfolio as of 6/6/14

The last update for this table was in February 2014: Stocks, Bonds & Politics: Update for CEF Portfolio as of 2/14/14

Since I am running about a week behind in discussing my trades, the following table reflects some pares and additions that have not yet been discussed in my weekly posts. For example I recently sold 116 of my highest cost ADX shares, mostly purchased with dividends, and realized a gain of $319.38, plus the value of the original dividends used to purchase shares.  

Click to Enlarge: 

The CEF portfolio is a portfolio within a portfolio. It is a balanced world portfolio that focuses on income generation with capital appreciation being a secondary objective. I have eliminated several buy-write stock funds due to underperformance. I still have a couple that I want to jettison at some point (BCF and IGD), hoping for better prices down the road. I did pare IGD recently. 

For some of these CEFs, I hold positions in two or even three accounts and will vary the reinvestment option by accounts.

I have started to reinvest all dividends paid by bond CEFs due to their abnormally large discounts by historical standards.

Vanguard recently started to allow reinvestment for VGI so I changed the reinvestment option to reinvestment. I am reinvesting the dividend paid by GDO in two out of three accounts. For DPG, I am reinvesting only the dividends for the 100 shares bought in the Roth IRA. 

I have reinvested all dividends paid by SWZ since I first purchased shares.

For ADX, I am currently only reinvesting the capital gains distributions. I tried to stop that reinvestment about a year ago, but Fidelity continues to reinvest the year end ADX capital gain distribution which is by far the largest part of the distributions. Adams Express Company (The) (ADX) Dividend History 

Additions Since Last Update: 

Some recent and small additions are included in this table, but have not yet been discussed due to falling a week to two weeks behind in discussing trades.

Roth IRA: Bought 100 JPI at $23.34/Bought: 50 IF at 9.73/ROTH IRA Paired Trade: Sold 50 ARCPP at $23.75 and Bought 100 JPI at $23.38 (JPI bought in two separate Roth IRA accounts)

Bought: 100 ARMF at $22.15, 100 EMD at $12.8 (5/31/14 Post)

Bought: 30 CHN at $19.89 (5/24/14 Post)

Bought 100 of AIF at $17.88 (5/3/14 Post)

Bought 50 ARMF at $21.8/Bought: 50 FPF at $22.07/Bought 100 FPF at $22.12 (4/26/14 Post)

Bought 100 ESD at $17.28/Bought 150 JDD at $11.7 in Taxable Account and 100 at $11.64 in Roth IRA/Added 50 SWZ at $14.32 (4/12/14 Post)

Bought 100 ESD at $17.28/Bought 150 JDD at $11.7 in Taxable Account and 100 at $11.64 in Roth IRA/Added 50 SWZ at $14.32 (4/12/14 Post)

Added 100 FAM at $13.68 (3/17/14 Post)

Added 100 GDO at $18.06 (2/25/14 Post)

Sold 200 IRR at $10.06 (3/10/14 Post)

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