Saturday, November 14, 2009

Performance Review - Net Payout Yield

The Net Payout Yield portfolio continues to excel. The portfolio is beating the S&P500 by nearly an 8% annualized gain with a sub 1 beta and less then 15% annualized turnover. So a superior gain with less risk and limited turnover.

A couple of the better performers have been the most recent additions of CSX and Agrium (AGU). Both stocks have gained more then 30% this year since being added. The portfolio is close to fully invested with only $25K in cash left. Stone Fox Capital continues to expect a year end rally to at least 1,150 or 1,200 on the S&Ps. At that point we'll likely increase the cash position.

The below returns are from marketocracy.com and contain assumed fees 1% higher then what Stone Fox charges for this type of portfolio. So the annualized returns of 6.93% would be 7.93%. Please contact us at stonefox27@ymail.com with any questions.


RETURNS
Last Week 2.69%
Last Month 2.48%
Last 3 Months 12.12%
Last 6 Months 32.38%
Last 12 Months 33.81%
Last 2 Years N/A
Last 3 Years N/A
Last 5 Years N/A
Since Inception -1.49%
(Annualized) -1.16%
S&P500 RETURNS
Last Week 2.33%
Last Month 0.30%
Last 3 Months 9.47%
Last 6 Months 25.18%
Last 12 Months 23.09%
Last 2 Years N/A
Last 3 Years N/A
Last 5 Years N/A
Since Inception -10.30%
(Annualized) -8.09%
RETURNS VS S&P500
Last Week 0.37%
Last Month 2.18%
Last 3 Months 2.65%
Last 6 Months 7.20%
Last 12 Months 10.71%
Last 2 Years N/A
Last 3 Years N/A
Last 5 Years N/A
Since Inception 8.81%
(Annualized) 6.93%

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