fixed income

Today’s Trades: NBB, ERC, GBAB, SGOV, MSD

iShares® 0-3 Month Treasury Bond ETF ($SGOV)
Added/Buy 35 Shares of SGOV at Market (Day), Filled at $100.61, $2,213.42
  • Short term T bills, cash equivalent
  • Pays 5.24% monthly

Today’s Trades: OZK, GAP, SGOV

My buy-to-close orders were filled on two of my short put option positions.

OZK Nov $37.50 put closed for 55% profit.

GAP Oct $19 put closed for 87% profit.

I used the freed up cash to buy:

SGOV iShares® 0-3 Month Treasury Bond ETF

  • 5.25% monthly dividend

I want to have some cash or cash-equivalents available around election time.

Today’s Trades: OCSL, ICSH, TRMD

Closed my position in Oaktree Specialty Lending Corporation (OCSL) for a small loss. This business development company, BDC, has underperformed others in my portfolio: Ares Capital (ARCC), Main Street Capital (MAIN), Gladstone Investment (GAIN) and Hercules Capital (HTGC).

I used the proceeds to purchase a new holding:

TORM (TRMD)

  • UK-based shipping company that owns a fleet of oil tankers
  • 19.4% dividend

Also, I had a short term T-bill mature today, so I used those funds to purchase a new holding for my cash reserves:

BlackRock Ultra Short-Term Bond ETF (ICSH)

  • 5.23% monthly dividend 

My Entire Portfolio, View While Link is Still Available!

Sharing my entire portfolio, comments appreciated! Ranked by dividend yield; includes my stock/eft shortlist and CEF shortlist. docs.google.com/spreadsheets/d

I have mostly high yield stocks, ETFs, CEFs, and T-Bills.

Some growth stocks like TSLA, AAPL.

Not included on the spreadsheet are my covered call and cash-secured put options.

Comments appreciated! How many of these do you have?

 

 

Today’s Trades: AMD, OZK, UBER, T-Bills

Today I sold three cash-secured puts on stocks I wouldn’t mind owning should they get “put” to me.

Advanced Micro Devices (AMD) Aug 135 put @ $3.25 (received $325), annualized yield 10.34%

Uber (UBER) Aug 55 put @ $1.19 (received $119), annualized yield 9.29%

Bank OZK (OZK) Aug 42.5 put @ 1.10 (received $110), annualized yield 11.11%

I also added some August T-Bills yielding 5.39%

Also see: Today’s Trades AMD

Also see: Today’s Trades UBER

Today’s Trades: XOM, T-Bills

Sold two covered calls today on my Exxon Mobile (XOM) holdings.
Sold to open 2 Jul 19 2024 125 Calls at $1.28 (received $256), which represents a 6.60% return on top of the 3.2% I already earn on the XOM stock.
  • 41 years consecutive dividend payments
  • 25 years consecutive dividend growth
Bought 50 ($50,000) August T-Bills yielding 5.35%.

Today’s Trades: T-Bills, GOOGL, MU, MRVL, PFE

Closed out four put options for a profit buy buying them back to close:

GOOGL June 135 put @ $.09; profit 94.19%, annualized yield 6.98%

MU June 90 put @ $.11; profit 91.34%, annualized yield 9.66%

MRVL June 50 put @ $.06; profit 93.41%, annualized yield 11.07%

PFE June 25 put @ $.03; profit 97%, annualized yield 25.61%

Bought 20 ($20,000) Sept. T-Bills yield 5.38%

Bought 22 ($22,000) Oct. T-Bills yield 5.35%

Today’s Trades: May 6-7, 2024 T-Bills, RWAY

Had some T-Bills mature, so I reinvested:

30 ($30,000) July T-Bills yielding 5.37%

27 ($27,000) August T-Bills yielding 5.38%

Also added 100 shares of Runway Growth Finance Corp (RWAY) at $12.3752. On sale today, down 6.49%. Dividend 12.08%. Two green ratings on Seeking Alpha. Also recommended by More Ideas Than Money, Monthly Dividend Multiplier.

Today’s Trades: BNS, PFE, Treasury Bills

Today I had some US treasury bills mature so I bought 33 more ($33,000). Expires in July and I will earn 5.4% yield. Safe and guaranteed.

I also sold put options on stocks I wouldn’t mind owning in my dividend portfolio:

  • The Bank of Nova Scotia (BNS). BNS pays a 6.74% yield and has one green rating on Seeking Alpha and is currently undervalued per FastGraphs. My June 45 put option sold for $.85 ($85), which represents a 12.1% annualized yield.
Dividend performance
Average Dividend Growth Rate:
8.95% (20yrs)
Compound Dividend Growth Rate:
8.35% (20yrs)

  • Pfizer Inc. (PFE). PFE pays 6.40% dividend yield and has 3 green ratings on Seeking Alpha. I received $1.00 ($100) for my June 25 put option, representing a 25.61% annualized yield. 
Dividend performance
Average Dividend Growth Rate:
6.31% (20yrs)
Compound Dividend Growth Rate:
5.44% (20yrs)