Posted on April 3rd, 2012 by whalewisdom
Reading this Crossing Wall Street article had me wondering what the average yield of the Active vs Stable funds discussed previously is. Whalewisdom has recently started collecting dividend yield info in its database and I thought this would be a good use for it.
The total weighted average portfolio yield of the stable funds was just over 2%. The active funds was 1.21%. If we just take the top 20 most concentrated holdings from each then the results become 2.31% for the stable funds and 1.47% for the active funds. An equal weighting for the top 20 most concentrated holdings would be 2.27% for the stable funds and 2.17% for the active funds.
Overall not a major difference which isn’t surprising. The more active funds still tend to weigh their portfolios with established large cap names. Next quarter with the news that Apple will starting issuing a dividend the results will probably be even closer.