May has come and gone and that means another monthly summary is due. This is the first of two posts summarizing my progress towards financial independence. This post describes how my investment portfolio performed last month.
Most of my portfolio is actually in Vanguard funds; the individual stock portion is steadily growing and the portfolio as a whole is slowly tilting towards individual stocks and stock funds. But first let’s see take a look at the income for May since that’s probably what you’re interested in!
Total dividend income from my portfolio in May was $379, an increase from last month’s $341 since the first month of the quarter is typically the weakest link. Back in May 2014, I earned $293 so this is an increase of 29% over the same time last year; not quite as good as the 37% increase I achieved year-on-year in April but I’ll take it!
The following chart shows the cumulative dividend income so far this year compared to previous years. I even crossed a line too – while that’s usually a bad thing; this particular line is the $2K mark as my cumulative income increased to $2,169.
The chart below shows what contributed to my total income of $379 this month.
I received income from stocks as well as my two Bond mutual funds.
Dividend income from stocks
8 stocks paid dividends this month as shown below.
The yield calculations are annualized, or extended forward a year based on the current dividend payment against the market value. The value amounts include contributions from stocks added after the ex-dividend date so yield shown may be a little lower than the current yield.
Dividend income from funds
I received most of my income this month from my two bond funds, VWEAX (Vanguard High-Yield Corporate Bonds) and VWESX (Vanguard Long-Term Investment Fund). These pay their distributions monthly. The two stock funds that I own pay quarterly income so they only show up in March, June, September and December.
My Income Portfolio
Here’s an overview of my Portfolio and how it’s made up as of the end of May 2015.
It consists of individual dividend stocks as well as 4 Vanguard mutual funds and cash.
The following table shows the detailed asset allocation in my portfolio.
This month my percentages in VHDYX and Cash allocation increased by about 1% as I added more cash to my portfolio than I spent on purchases.
Overall this month my portfolio of both stocks and funds increased by $3,210 to $203,301, an increase of 1.6% from last month’s $200,091. The underlying performance isn’t as high however since I added additional capital and my unrealized gains decreased from $14,491 (7.81%) to $13,711 (7.23%).
This month I added $3,989 to my portfolio. And here I have a confession to make as I bought $733 worth of PG shares last month and never managed to blog about it. In addition to that, I also purchased $875 of VHDYX, $100 of VTIAX and $200 of VWEAX via recurring automatic purchases. Finally I added $2,081 of new cash to my cash reserves as I’m transferring some savings into my income portfolio.
Since the overall increase in portfolio value was $3,210 and I added $3,989 of new money, this implies a market value decrease of $779 or about 0.38%. Overall however I managed to compensate for a slight dip in the market by adding new capital and my current portfolio total is now $28,435 higher than at the end of last year.
Quote of the Day
Never mind what others do; do better than yourself, beat your own record from day to day, and you are a success.