By Paul Price
Our portfolio crept up slightly last week as the broad market closed out the quarter on a positive note. Our unlevered value-oriented mix is now up 15.4% (36.3% annualized) since its Oct. 26, 2012 inception date. The benchmark Standard & Poors 500 has risen by 12.1% (28.5% annualized) over the same period.
The original $100,0o0 Virtual Value Portfolio is now at $115,407 including the dividends we collected.
We earned another $47.65 last week from quarterly cash payouts. (262 SPLS @ $0.12/share = $31.44; and 54 DGX @ $0.30/share = $16.20.) Our un-invested reserve position is $14,796, or 12.82% of our current portfolio value.
You can view the detailed portfolio composition here http://marketshadows.com/virtual-portfolio/ .
I plan to put some of our cash reserves to work this coming week if good opportunities present themselves. To follow our latest market actions, please visit our newsletter article section, here.