High Yield Momentum Portfolio For June

 | Jun 12, 2012 02:09AM ET

Once per month I update a high yield dividend stock momentum portfolio on Ivy Portfolio  uses a 10 month moving average to dictate an invested or cash position (signals are updated daily at Scott’s Investments). An investor could hedge long positions by shorting (or purchasing an inverse ETF) an equity market index such as the S&P 500 when it trades below a long-term moving average.
 
Below are the top 15 high yield momentum stocks as of June 11th. Keep in mind that only 10 stocks are held in the portfolio, the 4 new additions are in bold and the current holdings can be viewed on the right-hand side of Scott’s Investments and in the second table below.
 
Since inception the portfolio is up 6.32%, down over 3% versus last month’s update. Returns exclude commissions, taxes, and are hypothetical: