Current HYP top 10 or 20 pick-list

[ZipserSir]

I've just done a 15 - 15 different sectors; all above FTSE 100 average yield; all with continuous dividend payments; growing or held divi; mostly FTSE 100, but a few 250's. Feel free to knock the stuffing out of it...
BA.
SSE
HICL
SLA
TATE
NG.
RMG
PHNX
WPP
VOD
DLG
RDSB
GSK
CPI
IMB

[Gengulphus]

Thank you Gengulplus. UHP15 was indeed the post I was referring to. Hope you get better soon

Thanks. Going into medical detail wouldn't suit either my preferences (I've no desire to make such private matters public) or this board's purpose, but the good news is that I'm already largely recovered and can expect some more recovery. The not-so-good news is there will be some permanent damage (though there are good signs that it will be very little) and there is a definite risk of another occurrence in the future. Minimising that risk is one of the things I'm prioritising over keeping the UHYPxx portfolio series going!

And everybody, please return to this board's business as usual, as I will after this post. I felt that some explanation of my decision beyond just "personal reasons" was appropriate - but anything more than this brief digression is not!

Gengulphus

[funduffer]

Zipser,

Nothing wrong with your list.

Just a note on HICL (a share I have long coveted). It is an IT of course, and it is currently at a >6% premium - something to be taken into consideration.

I would agree it would be a useful diversification for a HYP, but I would balk at buying at this premium.

FD

[DiamondEcho]

Another 'worked example' was published in 2007 by 'The Investor' on Monevator. A number of Monevator writers also wrote for TMF, so they were very familiar with the HYP concept.

Previous posts in this high yield share investing series have argued the case for dividends, considered what makes a good high yield share, and stressed the need for diversification. Now it’s time to make yourself a cup of tea and settle down to see exactly how you can construct a high yield portfolio for yourself.

http://monevator.com/selecting-the-shar ... yp-part-4/

I was looking at the above and found it interesting/useful.
What I also noticed linked on the same page was the following: 'How to screen for promising dividend shares' which is somewhat more recent, late 2012. http://monevator.com/how-to-screen-for- ... nd-shares/
I'm noting this second link down as I hope to come back to it later [when the local internet is working better than this morning! grrr]

[OLTB]

Just a note on HICL (a share I have long coveted). It is an IT of course, and it is currently at a >6% premium - something to be taken into consideration.

I would agree it would be a useful diversification for a HYP, but I would balk at buying at this premium.

FD

I don't know if this helps or hinders - John Baron's Income Portfolio has, this month, added HICL into the mix at the expense of Perpetual Income and Growth (PLI).

Cheers, OLTB.

[CryptoPlankton]

Just a note on HICL (a share I have long coveted). It is an IT of course, and it is currently at a >6% premium - something to be taken into consideration.

I would agree it would be a useful diversification for a HYP, but I would balk at buying at this premium.

FD

I don't know if this helps or hinders - John Baron's Income Portfolio has, this month, added HICL into the mix at the expense of Perpetual Income and Growth (PLI).

Cheers, OLTB.

Also, the premium peaked at 25% a little over a year ago and is now at about its lowest for at least the last five years (as far back as my source goes). There is quite a useful article about the reasons behind this and whether it presents a buying opportunity here:

http://citywire.co.uk/investment-trust- ... t/a1054479

And a LemonFool discussion here:

viewtopic.php?f=54&t=7586

[Raptor]

Moderator Message:
the HYP Practical board is not for IT's (except REIT's which are not IT's in the defined term), please can posters remember this and refrain from including them as suggestions in the future. Thanks, in advance, Raptor.

[OZYU]

Moderator Message:
the HYP Practical board is not for IT's (except REIT's which are not IT's in the defined term), please can posters remember this and refrain from including them as suggestions in the future. Thanks, in advance, Raptor.

Pontificate away, but for goodness sake get real: HOW ON EARTH WOULD YOU COVER THIS SECTOR WITHOUT AN IT, if you wanted to have a presence in it.

This kind of blind zeal does not help make this board better in the slightest IMHO, quite the reverse, thousands of HY investors who follow broad HYP principles will be invesed in it.

Ozyu

Does not hold it, but Mrs holds JLIF.

[Raptor]

Moderator Message:
the HYP Practical board is not for IT's (except REIT's which are not IT's in the defined term), please can posters remember this and refrain from including them as suggestions in the future. Thanks, in advance, Raptor.

Pontificate away, but for goodness sake get real: HOW ON EARTH WOULD YOU COVER THIS SECTOR WITHOUT AN IT, if you wanted to have a presence in it.

This kind of blind zeal does not help make this board better in the slightest IMHO, quite the reverse, thousands of HY investors who follow broad HYP principles will be invesed in it.

Ozyu

Does not hold it, but Mrs holds JLIF.

Moderator Message:
If you want to discuss the sector with IT's then HYP Strategy is the place. Please bear that in mind. Thank you. Raptor.

[Gengulphus]

... for goodness sake get real: HOW ON EARTH WOULD YOU COVER THIS SECTOR WITHOUT AN IT, if you wanted to have a presence in it.

For goodness sake, the answer to that question is dead easy! You buy the IT - or if you want to discuss buying it beforehand, you do so on 'High Yield Share Strategies - General' or 'Investment and Unit Trusts'. And if it's arisen from a question here, you post a quick reply here to say "For my answer, see <link>."

I appreciate that that involves a bit more posting work on your part, but only a bit: it's perfectly doable. Furthermore, it shows respect for Raptor, who is a volunteer doing a difficult job, in a way that flying off the handle with accusations of pontificating and blind zeal doesn't!

And if you want the board's topic changed to allow suggestions of ITs specialising in sectors that cannot (or cannot easily) be invested in directly, use the same approach with the 'Biscuit Bar'. FWIW, you would get my support that way...

Gengulphus

[OZYU]

You are missing the point altogether. I don't hold these, not interested, not advocated it either.

The essence of one's HYP won't be changed by holding THE ODD other entity, IT or other collective in it. It is, imho, the SIPRIT of the thing which matters, not following the letter...

I'll leave at that.

OZYU

[Wizard]

Moderator Message:
the HYP Practical board is not for IT's (except REIT's which are not IT's in the defined term), please can posters remember this and refrain from including them as suggestions in the future. Thanks, in advance, Raptor.

If I understand correctly REITs are permitted because they invest directly in property and not in the shares of property companies, as a traditional IT might. But surely that difference with traditional ITs also applies to HICL which invests directly into infrastructure projects*. If this is the case IMHO HICL is more like a REIT than a traditional IT and logically would benefit from the same exemption.

On a broader point, the scope of this board seems to continue to provoke confusion and bad feeling at times. We have been promised clarification a couple of times, but so far it has yet to arrive. I think life would be much easier if everything just got posted on the Strategy Board.

Terry.

* Based on the HICL website, by clicking kn each sector I believe the individual projects are shown https://www.hicl.com/portfolio/sectors

[tjh290633]

* Based on the HICL website, by clicking kn each sector I believe the individual projects are shown https://www.hicl.com/portfolio/sectors

Have you noticed the percentage figures in the right hand column. Some are 100% but most are rather lower, but if you click on the percentage you can find more about each project. It looks to me as if HICL invests in a project, but does not execute it.

Look at https://www.hicl.com/barking-dagenham-schools-uk for a typical example.

TJH

[Gengulphus]

You are missing the point altogether. I don't hold these, not interested, not advocated it either.

No, I'm not. Your question used the word "you" impersonally - you weren't suggesting that Raptor personally held them, etc. So did my reply - I wasn't suggesting that you personally held them, etc. We would probably both have done better to use "one" rather than "you"...

Gengulphus

[Wizard]

* Based on the HICL website, by clicking kn each sector I believe the individual projects are shown https://www.hicl.com/portfolio/sectors

Have you noticed the percentage figures in the right hand column. Some are 100% but most are rather lower, but if you click on the percentage you can find more about each project. It looks to me as if HICL invests in a project, but does not execute it.

Look at https://www.hicl.com/barking-dagenham-schools-uk for a typical example.

TJH

That is useful to know. But I don't think it contradicts my point, if I want to buy the companies which City of London invests in I can, but if I want exposure to the A92 road project I can't invest directly the only option I know of is to buy HICL. That, IMHO, makes it different to a traditional IT.

Terry.

[Breelander]

If I understand correctly REITs are permitted because they invest directly in property and not in the shares of property companies...

More like because REITs are property companies...

We are a leading UK commercial property company...

http://www.britishland.com/about-us

...and up to January 2007 were normal quoted companies just like any other HYP holding.

The benefits of REITs are immediate in terms of their boost to investors in the quoted property sector and those companies joining the regime. Until today, quoted property companies have had to operate at a considerable disadvantage to other property investment vehicles.

http://www.britishland.com/news-and-vie ... 01-01-2007