Trade Summary - March 2021

Core Portfolio Changes And Thoughts

• Sell DMO from a 6% allocation to 0%

• Increase NEA from 4% to 6%

• Increase DLY from 5% to 6%

• Increase KIO from 4% to 5%

• Trim PHD from 5% to 3%

• Reduce MMD from 5% to 3%

• Add FPF at 5% from 0%

Several changes are being made this month after a couple of months of no shifts in positions. The portfolio has the option of taking advanta…