This is the last of three weeks where I am refraining from the usual investment of $250+ into the portfolio, in an effort to restore the $250+ per week average. Uninvested dividends are above $250 yet again ($286.89 to be exact) and in theory, those funds could be invested this week. Let’s see how things play out.
This week, four of the portfolio holdings ranked in the Top Ten: MMM, NNN, PII, and TGT.
| Ticker | Account Value |
| MMM | 2,039.64 |
| NNN | 926.12 |
| PII | 971.30 |
| TGT | 1,119.80 |
The lowest amount belongs to NNN. However, a slight restoration in the recent outperformance of TDS has created a tiny sector imbalance. Strict adherence to this would mean that only the Materials and Healthcare sectors are eligible for investment at this time. NNN is in Real Estate and the other three are in non-eligible sectors as well (MMM is ineligible regardless of sector because it is part of an overweighting imbalance from a stock perspective). There are only two existing portfolio positions that would be eligible: PPG (Materials) and ABBV (Healthcare), but the former would add to the stock imbalance and the latter did not make it into the list of 31 companies that passed my filters. This would leave adding a new position from one of the two sectors. The Top Ten has one such company, MDT, from the Health Care sector. Unfortunately, I prefer to enter new positions with a minimum of $1,000 and this is beyond the amount of the accumulated dividends. And so, why push it? This is an off week, and it will remain so.
Next week, assuming no additional dividends trickle in, I will add approximately $537 to an existing position or $1,287 to a new position.