The objective of the Avalon Equity Income Portfolio is to provide a combination of current income and capital appreciation potential in a portfolio with lower volatility than the S&P 500. In addition, the portfolio is designed with an inflation-hedging bias.
The Avalon Equity Income Portfolio typically consists of 40 – 60 dividend-paying securities including common stocks, MLPs, fixed income ETFs, and REITs. The income component of the portfolio is comprised of:
- Common stock dividends
- MLP distributions
- REIT distributions
- Fixed income ETF dividends
Individual stocks selected via the established Avalon Equity process with focus on:
- Earnings quality
- Valuation
- Dividend stability
- Capital appreciation potential
- 3-5 year holding period