The December 2029 TS Model Portfolio report has now been posted.
The TS growth Portfolio continues to outperform the benchmark S&P 500. Year-to-date performance for this portfolio is 23.45 percent verses 12.10 percent for the S&P.
The holdings in the TS Growth Portfolio are weighted toward technology (47%). The two largest holdings are PayPal (15.3%) and the iShares TSX Info Tech ETF (12.2%).
The TS Income Portfolio has recovered over the last month, but still remains down 19.06 percent.
Two holdings are being replaced in December. The UBS Well Fargo Business Dev. ETN (BDCS) is being recalled and the Apple Hospitality REIT (APLE) has suspended its dividend.
Several noteworthy replacement candidates are BlackRock Enhanced Equity Dividend Trust (BDJ). Dividend yield 7.29%. VanEck Vectors BDC Income ETF (BIZD). Dividend yield 13.00%. Oaktree Specialty Lending Corp. (OCSL). Dividend yield 7.84%.