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Re: Gadge Global Income Portfolio Dec 2106 Review

Posted: December 26th, 2016, 1:05 am
by forlesen
Gadge, can I ask exactly what date you are tracking your portfolio from? You don't seem to make this clear anywhere.

I've tried to work it out from historic closing price data for some of your shares (ones I hold myself, e.g. Law Debenture and Henderson FE Income).

This highlighted an apparent problem. For HFEL, you show the correct closing price on Friday of 338.25p, and appear to show a gain of 5.59%. (By the way, it's hard to be confident about what some of your figures mean, as you don't provide headings.)

This would imply a purchase price of around 320p. But looking at market high and low data for the past few months on here: http://www.livecharts.co.uk/share_price ... -data-HFEL, I cannot see any date since 1 August when HFEL's share price was anything like this low. (I went back this far as you state in your second post that the portfolio was devised in August 2016.)

Even factoring in the interim dividend of 5.1p per share declared on 25th October does not seem to bridge the gap. Or are you also counting the dividend declared on 27 July and paid on 31 August? That would only be valid if your portfolio dates from before 5th August, as that was the record date for that dividend payment.

Re: Gadge Global Income Portfolio Dec 2106 Review

Posted: December 27th, 2016, 3:40 pm
by todthedog
Good work Gadge.
All the best