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seagles portfolio 2021

A helpful place to also put any annual reports etc, of your own portfolios
seagles
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seagles portfolio 2021

#401043

Postby seagles » April 2nd, 2021, 10:55 am

Link to previous years portfolio

How did the year end:-

                                                                                 Value     Div    Fcst 
Share TIDM Sector %Total %Total Yield

Merchants Trust MRCH IT - UK Equity Income 12.35% 12.81% 5.41%
Dunedin Income Growth Inv Trus DIG IT - UK Equity Income 9.92% 8.24% 4.33%
Henderson Far East Income Ltd. HFEL IT - Asia Pacific Income 6.83% 9.21% 7.03%
Middlefield Canadian Income PC MCT IT - North America 6.71% 6.50% 5.05%
JPMorgan European Inv Trust In JETI IT - Europe 5.81% 5.24% 4.70%
Schroder Income Growth Fund SCF IT - UK Equity Income 5.23% 4.33% 4.32%
Murray International Trust MYI IT - Global Equity Income 4.67% 4.08% 4.56%
Monks Inv Trust MNKS IT - Global 3.59% 0.12% 0.18%
Admiral Group ADM Nonlife Insurance 3.53% 4.80% 7.10%
Legal and General Group LGEN Life Insurance 3.53% 4.53% 6.70%
IG Group Holdings IGG Financial Services 3.39% 3.12% 4.80%
Standard Life Aberdeen plc SLA Asset Management 3.08% 2.95% 5.00%
Rio Tinto RIO Mining 3.04% 6.47% 11.10%
Imperial Brands IMB Tobacco 3.02% 5.45% 9.40%
BP BP Oil & Gas Producers 3.01% 3.29% 5.70%
GlaxoSmithKline GSK Pharmaceuticals & Biotechnology 2.83% 3.36% 6.20%
BT Group BT-A Telecommunications 2.58% 2.32% 4.70%
Lloyds Banking Group LLOY Banks 2.57% 1.87% 3.80%
Marks and Spencer Group MKS Retailer 2.22% 1.15% 2.70%
Vodafone Group VOD Telecommunications 2.16% 2.45% 5.90%
HSBC Holdings HSBA Banks 2.04% 1.64% 4.20%
SSE SSE Utilities 1.99% 2.18% 5.70%
Aviva AV Life Insurance 1.80% 1.93% 5.60%
Taylor Wimpey TW Home Construction 1.39% 1.20% 4.50%
Scottish Mortgage Inv Trust SMT IT - Global 1.29% 0.07% 0.28%
Cash ZCASH Cash 0.57% 0.00% 0.00%
BAE Systems BA Aerospace & Defence 0.48% 0.44% 4.80%
Centrica CNA Utilities 0.36% 0.22% 3.20%

Portfolio Running Yield = 5.21%


Value Div
Sector %Total %Total

IT - UK Equity Income 27.50% 25.38%
IT - Asia Pacific Income 6.83% 9.21%
IT - North America 6.71% 6.50%
IT - Europe 5.81% 5.24%
Life Insurance 5.33% 6.46%
Telecommunications 4.74% 4.77%
IT - Global Equity Income 4.67% 4.08%
Banks 4.61% 3.51%
Nonlife Insurance 3.53% 4.80%
Financial Services 3.39% 3.12%
Asset Management 3.08% 2.95%
Mining 3.04% 6.47%
Tobacco 3.02% 5.45%
Oil & Gas Producers 3.01% 3.29%
Pharmaceuticals & Biotechnology 2.83% 3.36%
Utilities 2.35% 2.40%
Retailer 2.22% 1.15%
Home Construction 1.39% 1.20%
Cash 0.57% 0.00%
Aerospace & Defence 0.48% 0.44%
Total 95.00% 100.00%

Note: 1...'Value %Total' is the portfolio value of the share as a % of the total portfolio
2...'Div %Total' is the expected dividend of the share based on forecast yield
as a % of the total portfolio expected dividend




What has happened to portfolio in the last year

Date     | TIDM | Price    | Yield | Notes                                                                                        
31/07/20 | JETI | £1.1524 | 5.78% | Buy in SIPP. TOP-UP
27/11/20 | SMT | £10.9425 | 0.30% | Buy in SIPP. New holding, first Growth purchase. NAV -2.69%. Was going for MNKS but couldn't make a deal.
18/12/20 | ADM | £29.6298 | | Top-sliced 25% from ISA. Over my limits for Median and Income. 51% capital gain.
18/12/20 | RIO | £56.5744 | | Top-sliced 25% from ISA. Over my limits for Median and Income, 53% capital gain.
18/12/20 | AV. | £3.2680 | 7.20% | Buy in ISA. 1st in Top-up table, buying more would have breached sector limits with LGEN
18/12/20 | BP | £2.7090 | 8.20% | Buy in ISA. 2nd in TOP-UP table.
22/12/20 | STEM | £3.0250 | | Sold from trading account. Taking a little profit, 7.13% and static yield for many years.
24/12/20 | GSK | £13.3956 | 5.63% | Buy in ISA. Added sector back
09/02/21 | MARS | £1.0141 | | Sold from ISA. No dividend yield at time. Small capital profit
09/02/21 | IMB | £14.4879 | 9.70% | Buy in ISA. 1st in Top-up table, buying more would break sector, value and yield limits.
09/02/21 | GSK | £13.0441 | 6.30% | Buy in ISA. 2nd in Top-up table
26/02/21 | SSE | £13.7720 | | Sold in SIPP. Top-sliced. SIPP now all IT's.
26/02/21 | MNKS | £14.0456 | 0.18% | Buy in SIPP. New holding. NAV 3.8%.
08/03/21 | SSE | £12.8695 | 6.30% | Buy in ISA. TOP-UP, 2nd in table. VOD was 1st but would break sector limit.


Finally got to my objective of only having ITs in my SIPP. Another change is a move to adding "Growth" ITs to the mix. One thing this last year has shown me is that no matter how bad it seems to get I can live "comfortably" on my Pensions and my dividend income is the "icing on the cake", thus the change in direction for my SIPP as this, hopefully, will be passed on to my Daughter and Granddaughter (having my first grandchild has also changed my view of life). Capital value has gone up 30%, still a long way to go to meet previous high.

Have paid away all dividends received in my trading account and ISA. Re-investing income in SIPP to growth IT's

How did my dividend income compare to previous years

Dividends per year | Yield on cost | Yield on value
| |
2015-2016 | 6.90% | 4.98%
2016-2017 | 6.39% | 5.71%
2017-2018 | 6.43% | 5.24%
2018-2019 | 6.93% | 6.39%
2019-2020 | 7.29% | 6.47%
2020-2021 | 4.43% | 6.35%


You would think that by now I would have got this correct. Again these figures have changed from previously reported as spent some time in this last year re-confrming previous data and correcting/adding figures.

SHARE DIVIDENDS   |               |                |              
| Yield on cost | Yield on value | Divi per unit
For TAX 2015-2016 | 8.95% | 5.31% | 0.92
For TAX 2016-2017 | 6.93% | 5.65% | 0.90
For TAX 2017-2018 | 6.83% | 5.24% | 0.89
For TAX 2018-2019 | 7.33% | 6.54% | 0.91
For TAX 2019-2020 | 7.76% | 6.55% | 0.96
For TAX 2020-2021 | 3.53% | 5.63% | 0.59

IT DIVIDENDS      |               |                |              
| Yield on cost | Yield on value | Divi per unit
For TAX 2015-2016 | 4.25% | 4.27% | 0.42
For TAX 2016-2017 | 4.96% | 5.95% | 0.49
For TAX 2017-2018 | 5.41% | 5.22% | 0.53
For TAX 2018-2019 | 6.21% | 6.07% | 0.61
For TAX 2019-2020 | 6.59% | 6.35% | 0.65
For TAX 2020-2021 | 5.39% | 6.98% | 0.54


ITs are now 56% of the portfolio. Dividend income dropped 26.7% overall thanks to the ITs growing, shares took a massive hit at 53% plus.

This year will be different in many ways. Expect yield to increase as the last of the non-payers gets back to paying something. Am building a JISA for my Granddaughter. Where I will be investing any "surplus" cash is open to new interpretations as looking at "minimising" IHT as a future plan. Was not a consideration prior to becoming a Granddad.

funduffer
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Re: seagles portfolio 2021

#409467

Postby funduffer » May 5th, 2021, 8:25 am

seagles wrote:This year will be different in many ways. Expect yield to increase as the last of the non-payers gets back to paying something. Am building a JISA for my Granddaughter. Where I will be investing any "surplus" cash is open to new interpretations as looking at "minimising" IHT as a future plan. Was not a consideration prior to becoming a Granddad.


Interesting review. In many respects, you are in a similar position to myself (pension + IT's + HYP shares)

On the granddaughter - beware they can multiply! I have now got 3 grandchildren in 3 years, so if you start something for one...........!

FD

seagles
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Re: seagles portfolio 2021

#409469

Postby seagles » May 5th, 2021, 8:35 am

funduffer wrote:
seagles wrote:This year will be different in many ways. Expect yield to increase as the last of the non-payers gets back to paying something. Am building a JISA for my Granddaughter. Where I will be investing any "surplus" cash is open to new interpretations as looking at "minimising" IHT as a future plan. Was not a consideration prior to becoming a Granddad.


Interesting review. In many respects, you are in a similar position to myself (pension + IT's + HYP shares)

On the granddaughter - beware they can multiply! I have now got 3 grandchildren in 3 years, so if you start something for one...........!

FD

Good advice. I thought I had it all sorted, Will done, sipp sorted, etc. Daughter tells me they are now looking for Grandchild number 2. Will wait to see how and when this pans out before thinking about changes. Also "bank of dad" has just "loaned" a fair amount so Daughter can buy a car through PCP. She has just paid off the last "loan", fortunately she returns to work in September so expect some repayment this year, :lol: hahahah.

tjh290633
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Re: seagles portfolio 2021

#409650

Postby tjh290633 » May 5th, 2021, 7:50 pm

funduffer wrote:
seagles wrote:This year will be different in many ways. Expect yield to increase as the last of the non-payers gets back to paying something. Am building a JISA for my Granddaughter. Where I will be investing any "surplus" cash is open to new interpretations as looking at "minimising" IHT as a future plan. Was not a consideration prior to becoming a Granddad.


Interesting review. In many respects, you are in a similar position to myself (pension + IT's + HYP shares)

On the granddaughter - beware they can multiply! I have now got 3 grandchildren in 3 years, so if you start something for one...........!

FD

You are correct on that score. I started with one and set up a bare trust for her, now it is four, but no prospect of any more. I had made provision in my will for all to be made up to the same level, but my anticipated level is now a past event for all except the youngest, who is approaching 12. He is over halfway to that original target.

You have to treat them all alike.

On their 17th birthdays I have given them all money for driving lessons. I have also given them an extra boost into the trust on their 18th birthdays. I am planning to continue until they are 21, which seems a sensible point to consider that they have come of age, wokeness and other considerations being ignored.

TJH

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Re: seagles portfolio 2021

#410363

Postby Bouleversee » May 8th, 2021, 8:29 pm

tjh290633 wrote:
funduffer wrote:
seagles wrote:This year will be different in many ways. Expect yield to increase as the last of the non-payers gets back to paying something. Am building a JISA for my Granddaughter. Where I will be investing any "surplus" cash is open to new interpretations as looking at "minimising" IHT as a future plan. Was not a consideration prior to becoming a Granddad.


Interesting review. In many respects, you are in a similar position to myself (pension + IT's + HYP shares)

On the granddaughter - beware they can multiply! I have now got 3 grandchildren in 3 years, so if you start something for one...........!

FD

You are correct on that score. I started with one and set up a bare trust for her, now it is four, but no prospect of any more. I had made provision in my will for all to be made up to the same level, but my anticipated level is now a past event for all except the youngest, who is approaching 12. He is over halfway to that original target.

You have to treat them all alike.

On their 17th birthdays I have given them all money for driving lessons. I have also given them an extra boost into the trust on their 18th birthdays. I am planning to continue until they are 21, which seems a sensible point to consider that they have come of age, wokeness and other considerations being ignored.

TJH


But, as you will know, they are legally entitled to their bare trust holdings once they reach 18. How have you handled that? It's actually out of my hands as it is their parents who are the trustees. I wouldn't necessarily know if they handed over any of the share certificates or sold them now one is 18 but I don't think they have.

Incidentally, I assume that deposits into JISAs will, like gifts into bare trusts, count as PETS. My will was made very many years ago and I should review it. Happily I started gifting shares when my grandchildren were all here so I don't think any equalisation is required, however, though I did give equivalent cash to the other 3 for the computer I gave the eldest for his 18th in case I am not around when they get to that age, which is quite likely.

tjh290633
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Re: seagles portfolio 2021

#410413

Postby tjh290633 » May 8th, 2021, 10:47 pm

Bouleversee wrote:But, as you will know, they are legally entitled to their bare trust holdings once they reach 18. How have you handled that? It's actually out of my hands as it is their parents who are the trustees. I wouldn't necessarily know if they handed over any of the share certificates or sold them now one is 18 but I don't think they have.

Incidentally, I assume that deposits into JISAs will, like gifts into bare trusts, count as PETS. My will was made very many years ago and I should review it. Happily I started gifting shares when my grandchildren were all here so I don't think any equalisation is required, however, though I did give equivalent cash to the other 3 for the computer I gave the eldest for his 18th in case I am not around when they get to that age, which is quite likely.

Once they are 18 they are their property. However I can keep the account going and continue subscribing to it for as long as I like. They are aware of the situation.

The gifts come out of income by standing order or direct debit, so do not count as PETS.

TJH


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