Hi everyone, its Jeff back from The
Tranel Financial Group hope you are
having a great day today. Today is July
7th, 2020 and we just want to give you a
market update and specifically where
your allocation Tactical Income Solution
is at year to date, so as a market closed
yesterday, July 6th, the S&P 500 is down
approximately 2% and Tactical Income
Solution is down just over 4%. So of
course we're trailing just a bit behind
where the S&P is that currently, but
there is a little positive news behind
that. First and foremost as you guys know
right this is a dividend oriented
allocation right we're focusing on being
very conservative with a nice strong
dividend yield that dividend yield has
maintained very strong throughout this
COVID pandemic it is still above 3.6%
as of today. So none of the
companies you're invested in have cut
their dividend yet so far this year
which is excellent news. The S&P 500 has
a dividend yield of just 1.9%, so
you have a much stronger dividend that
is coming in either being reinvested
into the portfolio or being sent out to
you as income so that's very strong. The
other really positive to take away is at
the pit of the market right the the
biggest trough that we had at the end of
March the S&P 500 was down about 30%.
Your particular allocation was down
about 14%, so that is a huge huge
difference cutting out about half of the
downside of the market. So when the
market starts to recover as it's done
over the past couple of months we aren't
going to always keep up with that right
we have 30%, 35% in bonds in cash it's
not going to keep up with a hundred
percent equities, but to cut out half of
the downside is really really important.
So we are doing exactly as we would
expect and given the current times and
and we like the positioning of the
equities and the bonds that we currently
have. So feeling really comfortable about that.
If you do have any questions about your
portfolio, about the market situation
moving forward, any thoughts or opinions
that we might have for you please feel
free to give us a call.
We're happy to answer any questions we
can for you. You can reach us at 847-680-9050.
Thanks and have a great day!
