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Jano Pavlenda's avatar

Apologies, but why did you call it a 10% portfolio? Would you mind please explaining? Thanks :)

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Pipart Global Income's avatar

Hi Jano,

That's an excellent and fair question! You're right to ask. On its own, this article doesn't explain the "10%" figure, as it focuses on the monthly calendar.

The title refers to the overall yield target of my portfolio, a theme I've covered in my 28 previous articles. To clarify for new readers, I'm happy to fix this. Which option do you advise?

1/ I add an editor's note at the top explaining the "10%" is the portfolio's target yield, and this article is about making it pay monthly.

2/ I change the title to something like "How I Built a Monthly Payout Cycle for My High-Yield Portfolio."

Thanks for the feedback! It really helps me improve.

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Jano Pavlenda's avatar

Option number two seems more legit to me :)

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Dirk Hagemann's avatar

That's an interesting compilation, thank you very much. One small correction: in Germany, the main months for annual general meetings are by far May and June. The figures for this year are: April 36, May 165, June 170, July 92 annual general meetings. The high number in June can be explained by the fact that European stock corporations (SE) must hold their annual general meetings by the end of June, while “normal” German stock corporations (AG) have until the end of August to do so. Both apply in cases where the fiscal year ends on December 31.

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Pipart Global Income's avatar

Hey Dirk,

Thanks a lot for this – that's a really helpful correction and the specific numbers are gold!

I’ll get the article updated with the right info soon. This is definitely a topic I’ll keep refining over time. It's a long-term project, and I will have to refine progressively.

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Neural Foundry's avatar

Your point about XOM fitting into the MJSD cycle is valuable for portfolio construction timing. The 3.8% yield combined with December quarter end payments does create that festive cash flow bump, especially when paired with FMAN heavy hitters. I think what makes XOM particularly useful in your monthly ETF aproach is the reliability, 43 years of consecutive increases means you can actually count on those quarter end payments without the dividend cut risk that plagues some energy names. The MJSD cycle being mid tier intensity wise actually helps smooth the income without creating the FMAN bulge problem.

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