Div
Asset Allocation
| Position | Category/Sector | Target Weight |
|---|---|---|
AGNC AGNC Investment Corp. | Real Estate | 6.67% |
ARCC Ares Capital Corporation | Financial Services | 6.67% |
BTI British American Tobacco p.l.c. | Consumer Defensive | 6.67% |
DVN Devon Energy Corporation | Energy | 6.67% |
ENB Enbridge Inc. | Energy | 6.67% |
FDUS Fidus Investment Corporation | Financial Services | 6.67% |
GLAD Gladstone Capital Corporation | Financial Services | 6.67% |
GOGL Golden Ocean Group Limited | Industrials | 6.67% |
HTGC Hercules Capital, Inc. | Financial Services | 6.67% |
KEY KeyCorp | Financial Services | 6.67% |
MO Altria Group, Inc. | Consumer Defensive | 6.67% |
OXLC Oxford Lane Capital Corp. | Financial Services | 6.67% |
PDI PIMCO Dynamic Income Fund | Financial Services | 6.67% |
TLT iShares 20+ Year Treasury Bond ETF | Government Bonds | 6.67% |
VZ Verizon Communications Inc. | Communication Services | 6.67% |
Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in Div, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends. The portfolio is rebalanced every 3 months.
The earliest data available for this chart is May 25, 2012, corresponding to the inception date of PDI
Returns By Period
As of Apr 19, 2025, the Div returned -2.32% Year-To-Date and 8.35% of annualized return in the last 10 years.
| YTD | 1M | 6M | 1Y | 5Y* | 10Y* | |
|---|---|---|---|---|---|---|
^GSPC S&P 500 | -10.18% | -6.92% | -9.92% | 5.42% | 12.98% | 9.70% |
| Div | -4.13% | -5.79% | -1.34% | 13.59% | 15.97% | 7.44% |
| Portfolio components: | ||||||
ARCC Ares Capital Corporation | -4.67% | -6.21% | -1.47% | 9.41% | 22.01% | 12.05% |
FDUS Fidus Investment Corporation | -9.44% | -9.91% | -0.23% | 5.23% | 29.68% | 12.65% |
AGNC AGNC Investment Corp. | -6.10% | -18.47% | -15.26% | 6.67% | 5.00% | 2.65% |
BTI British American Tobacco p.l.c. | 18.82% | 4.77% | 27.66% | 59.63% | 11.04% | 3.75% |
MO Altria Group, Inc. | 13.23% | 2.17% | 21.67% | 52.28% | 16.30% | 7.89% |
DVN Devon Energy Corporation | -6.73% | -15.92% | -24.43% | -39.13% | 34.50% | -4.00% |
ENB Enbridge Inc. | 8.53% | 3.70% | 11.38% | 42.83% | 16.87% | 4.51% |
GLAD Gladstone Capital Corporation | -10.88% | -9.17% | 5.21% | 31.42% | 26.48% | 13.48% |
GOGL Golden Ocean Group Limited | -18.61% | -7.73% | -33.25% | -39.33% | 26.95% | -5.70% |
HTGC Hercules Capital, Inc. | -11.02% | -7.64% | -9.59% | 4.27% | 27.22% | 13.44% |
KEY KeyCorp | -15.73% | -11.09% | -15.84% | 4.26% | 11.10% | 4.07% |
OXLC Oxford Lane Capital Corp. | -6.96% | 3.92% | -5.94% | 7.78% | 16.28% | 6.23% |
PDI PIMCO Dynamic Income Fund | 2.08% | -8.72% | -3.71% | 10.38% | 8.03% | 7.37% |
VZ Verizon Communications Inc. | 13.94% | 1.84% | 3.58% | 17.20% | 0.11% | 4.13% |
TLT iShares 20+ Year Treasury Bond ETF | 1.27% | -3.66% | -4.78% | 2.64% | -9.85% | -1.37% |
Monthly Returns
The table below presents the monthly returns of Div, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2025 | 5.10% | 1.39% | -3.13% | -7.13% | -4.13% | ||||||||
| 2024 | 1.84% | 0.99% | 4.96% | -0.36% | 3.76% | 0.81% | 4.01% | 0.52% | 1.71% | -0.24% | 5.68% | -1.48% | 24.24% |
| 2023 | 7.16% | -0.80% | -7.94% | 1.15% | -2.60% | 3.84% | 7.71% | -3.82% | -1.47% | -4.12% | 7.95% | 4.74% | 10.78% |
| 2022 | 3.90% | -0.15% | 1.23% | -4.57% | 0.78% | -10.18% | 7.60% | -2.21% | -12.65% | 11.03% | 3.63% | -3.42% | -7.34% |
| 2021 | 1.46% | 7.06% | 4.61% | 5.19% | 2.77% | -0.01% | -1.02% | 2.19% | -0.36% | 3.97% | -2.67% | 3.27% | 29.36% |
| 2020 | 0.72% | -9.38% | -28.29% | 14.74% | 2.29% | 1.22% | 1.41% | 3.80% | -0.87% | -1.41% | 15.81% | 3.47% | -4.14% |
| 2019 | 9.47% | 3.68% | 1.25% | 2.54% | -3.90% | 3.34% | 1.33% | -2.69% | 2.66% | 1.79% | 3.61% | 0.57% | 25.65% |
| 2018 | 0.08% | -5.97% | 0.44% | 0.50% | 1.93% | 1.81% | 4.44% | 0.81% | -1.32% | -2.77% | -2.80% | -8.17% | -11.12% |
| 2017 | 1.90% | 3.10% | 0.91% | 1.35% | -2.35% | 0.83% | -0.78% | -1.85% | 3.11% | -0.20% | 1.43% | 1.97% | 9.66% |
| 2016 | -3.19% | -0.87% | 8.41% | 3.88% | -0.20% | 2.41% | 3.54% | 3.14% | -0.49% | -0.64% | 4.38% | 3.17% | 25.61% |
| 2015 | -0.50% | 5.19% | -2.49% | 2.96% | -1.74% | -4.03% | 0.36% | -2.52% | -4.54% | 4.73% | -0.14% | -4.15% | -7.25% |
| 2014 | -1.40% | 3.34% | 2.41% | -0.23% | 4.24% | 3.73% | -4.92% | 2.67% | -5.71% | 1.84% | -0.23% | -3.03% | 2.10% |
Expense Ratio
Div has an expense ratio of 0.01%, which is considered low. Below, you can find the expense ratios of the portfolio's funds side by side and easily compare their relative costs.
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
With an overall rank of 75, Div is among the top 25% of portfolios on our website when it comes to balancing risk and reward. Below is a breakdown of how it compares using common performance measures.
Risk-Adjusted Performance Indicators
This table presents a comparison of risk-adjusted performance metrics for positions. Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
| Sharpe ratio | Sortino ratio | Omega ratio | Calmar ratio | Martin ratio | |
|---|---|---|---|---|---|
ARCC Ares Capital Corporation | 0.53 | 0.86 | 1.13 | 0.55 | 2.73 |
FDUS Fidus Investment Corporation | 0.36 | 0.60 | 1.09 | 0.28 | 1.29 |
AGNC AGNC Investment Corp. | 0.38 | 0.61 | 1.09 | 0.26 | 1.35 |
BTI British American Tobacco p.l.c. | 3.24 | 3.75 | 1.61 | 1.72 | 13.60 |
MO Altria Group, Inc. | 2.94 | 4.04 | 1.54 | 3.87 | 12.69 |
DVN Devon Energy Corporation | -1.03 | -1.45 | 0.80 | -0.66 | -1.61 |
ENB Enbridge Inc. | 2.81 | 3.58 | 1.49 | 2.25 | 15.15 |
GLAD Gladstone Capital Corporation | 1.49 | 1.89 | 1.30 | 1.47 | 6.08 |
GOGL Golden Ocean Group Limited | -0.82 | -0.99 | 0.86 | -0.48 | -1.39 |
HTGC Hercules Capital, Inc. | 0.22 | 0.45 | 1.07 | 0.23 | 0.70 |
KEY KeyCorp | 0.15 | 0.50 | 1.06 | 0.13 | 0.50 |
OXLC Oxford Lane Capital Corp. | 0.32 | 0.56 | 1.09 | 0.50 | 1.76 |
PDI PIMCO Dynamic Income Fund | 0.60 | 0.81 | 1.20 | 0.71 | 2.66 |
VZ Verizon Communications Inc. | 0.81 | 1.14 | 1.17 | 0.78 | 3.39 |
TLT iShares 20+ Year Treasury Bond ETF | 0.23 | 0.41 | 1.05 | 0.07 | 0.44 |
Dividends
Dividend yield
Div provided a 10.06% dividend yield over the last twelve months.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Portfolio | 10.06% | 9.50% | 9.79% | 10.99% | 7.77% | 7.96% | 7.39% | 8.46% | 6.53% | 7.20% | 8.18% | 7.94% |
| Portfolio components: | ||||||||||||
ARCC Ares Capital Corporation | 9.41% | 8.77% | 9.59% | 10.12% | 7.65% | 9.47% | 9.01% | 9.88% | 9.67% | 9.22% | 11.02% | 10.06% |
FDUS Fidus Investment Corporation | 12.45% | 11.51% | 14.63% | 10.51% | 8.90% | 10.15% | 8.17% | 13.69% | 10.54% | 10.17% | 11.66% | 11.51% |
AGNC AGNC Investment Corp. | 17.27% | 15.64% | 14.68% | 13.91% | 9.57% | 10.00% | 11.31% | 12.31% | 10.70% | 12.69% | 14.30% | 11.96% |
BTI British American Tobacco p.l.c. | 7.03% | 8.18% | 9.57% | 7.40% | 7.98% | 7.22% | 6.35% | 8.52% | 4.18% | 3.79% | 4.21% | 4.55% |
MO Altria Group, Inc. | 6.95% | 7.65% | 9.52% | 8.05% | 7.43% | 8.29% | 6.57% | 6.07% | 3.56% | 3.48% | 3.73% | 4.06% |
DVN Devon Energy Corporation | 4.12% | 4.43% | 6.34% | 8.41% | 4.47% | 4.30% | 1.35% | 1.33% | 0.58% | 0.92% | 3.00% | 1.54% |
ENB Enbridge Inc. | 5.86% | 6.28% | 7.29% | 6.79% | 6.86% | 7.56% | 5.57% | 6.69% | 4.73% | 3.78% | 4.41% | 2.47% |
GLAD Gladstone Capital Corporation | 8.89% | 8.38% | 9.19% | 8.45% | 6.73% | 8.97% | 8.46% | 11.51% | 9.12% | 8.95% | 11.49% | 10.16% |
GOGL Golden Ocean Group Limited | 14.66% | 13.39% | 5.12% | 27.04% | 17.20% | 1.08% | 5.60% | 7.32% | 0.00% | 0.00% | 0.00% | 15.34% |
HTGC Hercules Capital, Inc. | 9.12% | 7.96% | 11.40% | 14.90% | 9.34% | 9.57% | 9.49% | 11.40% | 9.45% | 8.79% | 10.17% | 8.33% |
KEY KeyCorp | 5.75% | 4.78% | 5.69% | 4.54% | 3.24% | 4.51% | 3.51% | 3.82% | 1.88% | 1.81% | 2.20% | 1.80% |
OXLC Oxford Lane Capital Corp. | 24.20% | 20.12% | 18.83% | 17.75% | 10.58% | 22.51% | 19.85% | 16.70% | 17.91% | 22.84% | 24.10% | 16.72% |
PDI PIMCO Dynamic Income Fund | 14.81% | 14.43% | 14.74% | 17.84% | 10.21% | 10.01% | 9.45% | 10.78% | 8.81% | 14.79% | 15.08% | 13.43% |
VZ Verizon Communications Inc. | 6.13% | 6.68% | 6.96% | 6.53% | 4.86% | 4.21% | 3.95% | 4.22% | 4.39% | 4.26% | 4.79% | 4.57% |
TLT iShares 20+ Year Treasury Bond ETF | 4.30% | 4.30% | 3.38% | 2.67% | 1.50% | 1.50% | 2.27% | 2.63% | 2.43% | 2.60% | 2.61% | 2.67% |
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.
Worst Drawdowns
The table below displays the maximum drawdowns of the Div. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.
The maximum drawdown for the Div was 47.20%, occurring on Mar 23, 2020. Recovery took 230 trading sessions.
The current Div drawdown is 8.95%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -47.2% | Feb 21, 2020 | 22 | Mar 23, 2020 | 230 | Feb 19, 2021 | 252 |
| -24.82% | Jul 1, 2014 | 392 | Jan 20, 2016 | 158 | Sep 2, 2016 | 550 |
| -22.63% | Apr 21, 2022 | 112 | Sep 29, 2022 | 362 | Mar 11, 2024 | 474 |
| -19.71% | Aug 21, 2018 | 87 | Dec 24, 2018 | 89 | May 3, 2019 | 176 |
| -15.54% | Feb 20, 2025 | 34 | Apr 8, 2025 | — | — | — |
Volatility
Volatility Chart
The current Div volatility is 11.42%, representing the average percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.
Diversification
Asset Correlations Table
| TLT | GOGL | OXLC | VZ | PDI | MO | BTI | AGNC | FDUS | GLAD | DVN | ENB | HTGC | KEY | ARCC | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| TLT | 1.00 | -0.16 | -0.10 | -0.03 | 0.01 | -0.07 | -0.07 | 0.12 | -0.09 | -0.11 | -0.23 | -0.08 | -0.12 | -0.31 | -0.13 |
| GOGL | -0.16 | 1.00 | 0.17 | 0.12 | 0.17 | 0.13 | 0.19 | 0.17 | 0.21 | 0.21 | 0.34 | 0.29 | 0.21 | 0.26 | 0.26 |
| OXLC | -0.10 | 0.17 | 1.00 | 0.12 | 0.25 | 0.13 | 0.15 | 0.21 | 0.21 | 0.25 | 0.23 | 0.24 | 0.29 | 0.26 | 0.28 |
| VZ | -0.03 | 0.12 | 0.12 | 1.00 | 0.18 | 0.40 | 0.32 | 0.24 | 0.20 | 0.18 | 0.18 | 0.27 | 0.19 | 0.26 | 0.24 |
| PDI | 0.01 | 0.17 | 0.25 | 0.18 | 1.00 | 0.20 | 0.20 | 0.29 | 0.22 | 0.22 | 0.22 | 0.26 | 0.26 | 0.22 | 0.29 |
| MO | -0.07 | 0.13 | 0.13 | 0.40 | 0.20 | 1.00 | 0.52 | 0.24 | 0.21 | 0.18 | 0.21 | 0.29 | 0.20 | 0.26 | 0.25 |
| BTI | -0.07 | 0.19 | 0.15 | 0.32 | 0.20 | 0.52 | 1.00 | 0.22 | 0.21 | 0.21 | 0.24 | 0.35 | 0.21 | 0.28 | 0.26 |
| AGNC | 0.12 | 0.17 | 0.21 | 0.24 | 0.29 | 0.24 | 0.22 | 1.00 | 0.29 | 0.28 | 0.23 | 0.29 | 0.34 | 0.31 | 0.38 |
| FDUS | -0.09 | 0.21 | 0.21 | 0.20 | 0.22 | 0.21 | 0.21 | 0.29 | 1.00 | 0.41 | 0.26 | 0.27 | 0.40 | 0.35 | 0.42 |
| GLAD | -0.11 | 0.21 | 0.25 | 0.18 | 0.22 | 0.18 | 0.21 | 0.28 | 0.41 | 1.00 | 0.28 | 0.30 | 0.45 | 0.37 | 0.46 |
| DVN | -0.23 | 0.34 | 0.23 | 0.18 | 0.22 | 0.21 | 0.24 | 0.23 | 0.26 | 0.28 | 1.00 | 0.49 | 0.32 | 0.44 | 0.35 |
| ENB | -0.08 | 0.29 | 0.24 | 0.27 | 0.26 | 0.29 | 0.35 | 0.29 | 0.27 | 0.30 | 0.49 | 1.00 | 0.31 | 0.34 | 0.37 |
| HTGC | -0.12 | 0.21 | 0.29 | 0.19 | 0.26 | 0.20 | 0.21 | 0.34 | 0.40 | 0.45 | 0.32 | 0.31 | 1.00 | 0.41 | 0.55 |
| KEY | -0.31 | 0.26 | 0.26 | 0.26 | 0.22 | 0.26 | 0.28 | 0.31 | 0.35 | 0.37 | 0.44 | 0.34 | 0.41 | 1.00 | 0.44 |
| ARCC | -0.13 | 0.26 | 0.28 | 0.24 | 0.29 | 0.25 | 0.26 | 0.38 | 0.42 | 0.46 | 0.35 | 0.37 | 0.55 | 0.44 | 1.00 |