Blackstone Secured Lending Fund-Dividend Harvesting Portfolio Week 177: $17,700 Allocated, $1,594.04 In Projected Dividends

Portfolio Performance and Strategy - The Dividend Harvesting Portfolio has experienced ups and downs, including a -12.65% decline in week 83, but has consistently generated dividend income and achieved a 17.49% ROI on invested capital by week 177 [2][12] - The portfolio is designed to mitigate downside risk and generate recurring income, with a secondary goal of capital appreciation, and is highly diversified across sectors to benefit from market rebalancing [2][8] - The portfolio has generated $33.49 in dividend income in a single week, with a 2024 weekly average of$ 27.53, and is on track to exceed $100 in weekly dividend income in 2024 [4][5] Sector Allocation and Income Distribution - REITs, ETFs, CEFs, and BDCs make up 61.37% of the portfolio and generate 71.87% of the forward income, while individual equities represent 38.63% of the portfolio and generate 28.13% of the dividend income [25] - The portfolio is diversified across sectors, with REITs (19.58%), ETFs (18.95%), and Closed End Funds (13.27%) being the largest allocations, while maintaining a cap of 20% per sector to mitigate downside risk [19][8] - The top 10 holdings represent 31.58% of the portfolio and are projected to generate 30.60% of the annualized dividend income, with a forward yield of 9.06% [28] Key Holdings and Recent Additions - Altria Group (MO) has rallied 22.61% to$ 49.45 and is now the first position in the portfolio to exceed $1,000 in value, with a yield of 7.93% [27][21] - Blackstone Secured Lending Fund (BXSL) and NEOS NASDAQ-100(R) High Income ETF (QQQI) were added to in week 177, with BXSL generating a 10.18% yield and QQQI projected to pay$ 7.25 per share in dividends annually [10][29] - The portfolio has 32 positions generating at least 1 share annually from dividends, with an expected $116.60 in additional dividend income from new shares [6] Dividend Growth and Compounding - The portfolio has grown from$ 97.44 in forward dividend income in week 1 to $1,594.04 by week 177, with a projected$ 1,600 by the end of July and $1,650 by the end of summer [11][12] - In 2024, the portfolio has collected$ 798.43 in dividend income from 386 dividends, representing 81.80% of 2023's total dividend income from 58.48% of the dividends produced [16] - The power of compounding is expected to accelerate, with $2,000 and$ 3,000 in forward dividend income being achieved much quicker than the initial $1,400 milestone [12]