Alpha Income Portfolio Performance

The objective of the Alpha Income Portfolio is to seek limited volatility range (“drawdown” or the maximum amount an investment can be expected to fall during a specific period) of five percent (5%) from peak to trough. This portfolio seeks to leverage the intrinsic value found in income-producing mutual funds (3-5 star rated by Morningstar) with Cabana’s proprietary algorithm. By merging the experience of money managers with the efficiencies of our allocation software, the portfolio strives to provide investors access to a regular stream of income, along with the confidence that comes with diversification, liquidity and a tested model.

Are you already invested in Cabana’s Alpha Income Portfolio? Below is how the portfolio is allocated as of March 31, 2018. 

Cabana’s proprietary algorithm seeks to monitor economic and technical market conditions so that client funds are invested in assets that we believe are particularly attractive at a given time within the business cycle. Investments are monitored daily, and allocated and reallocated among non-correlated and inversely-correlated asset classes in an effort to reduce exposure to potential market declines. The corresponding charts below reflect Cabana’s Alpha Income Portfolio allocation as of March 31, 2018.

While it is the intent of Cabana that individual client account allocations mirror Portfolio allocation, individual client account allocations may vary from the Portfolio allocation because of a variety of factors, including but not limited to, investment date, investment amount, transaction costs, account type, and account restrictions. 


Alpha Income Portfolio Monthly Returns (as of March 31, 2018)

Returns are presented net of maximum 2% advisory fees and commissions, and include reinvestment of dividends. Data prior to February 1, 2017 is derived from hypothetical back-testing, which contains inherent limitations. Cabana,  LLC manages assets on multiple custodial platforms. Performance results may vary based upon differences in associated costs and asset availability within the Cabana Model.


Cabana Alpha Income Portfolio Growth (as of March 31, 2018)

Cabana seeks returns that exceed the performance of the S&P 500 and its benchmarks, the Vanguard Balanced Index Fund (VBINX) and Pimco Total Return (PTTRX). Data reflects net of commissions and maximum advisory fees and includes reinvestment of dividends. Comparison to other benchmark indices is for illustrative purposes only. These indices may materially differ from the Alpha Income Portfolio. Past performance does not guarantee future results.  Data prior to 2/1/2017 is derived from hypothetical back-testing, which contains inherent limitations.

Cabana Alpha Income Portfolio Drawdown (as of March 31, 2018)

Drawdown is the maximum amount an investment can be expected to fall during a specific period. Cabana seeks returns that exceed the performance of the S&P 500 and its benchmarks, the Vanguard Balanced Index Fund (VBINX) and Pimco Total Return (PTTRX). Illustrated returns are net of comissions and maximum advisory fees, and include reinvestment of dividends. Comparison to other benchmark indices is for illustrative purposes only. These indicies may materially differ from the Alpha Income Portfolio. Past performance does not guarantee future results. Data prior to February 1, 2017 is derived from hypothetical back-testing, which contains inherent limitations.


Trailing Returns (as of March 31, 2018)

Cabana seeks returns that exceed the performance of the S&P 500 and its benchmarks, the Vanguard Balanced Index Fund (VBINX) and Pimco Total Return (PTTRX). Data reflects net of commissions and maximum advisory fees and includes reinvestment of dividends. Comparison to other benchmark indices is for illustrative purposes only. These indices may materially differ from the Alpha Income Portfolio.Past performance does not guarantee future results.  Data prior to 2/1/2017 is derived from hypothetical back-testing, which contains inherent limitations.


Statistics (as of March 31, 2018)

Cabana seeks returns that exceed the performance of the S&P 500 and its benchmarks, the Vanguard Balanced Index Fund (VBINX) and Pimco Total Return (PTTRX). Data reflects net of commissions and maximum advisory fees and includes reinvestment of dividends. Comparison to other benchmark indices is for illustrative purposes only. These indices may materially differ from the Alpha Income Portfolio.Past performance does not guarantee future results.  Data prior to 2/1/2017 is derived from hypothetical back-testing, which contains inherent limitations.


You should know: 

  • Benchmark: While the Cabana Portfolio is not correlated to any benchmark or index, its closest benchmark is the Vanguard Balanced Index Fund (VBINX).
  • Custodian: TD Ameritrade
  • VBINX = Vanguard Balanced Index
  • S&P = S&P 500 Total Index
  • PTTRX = Pimco Total Return Index
  • Cabana,  LLC manages assets on multiple custodial platforms. Performance results may vary based upon differences in associated costs and asset availability within the Cabana Model.

Disclaimers:
Cabana LLC, dba Cabana Asset Management, is registered as an investment advisor. The firm only transacts business in states where it is properly registered, or is excluded or exempted from registration requirements. Registration as an investment advisor is not an endorsement of the firm by securities regulators and does not mean the advisor has achieved a specific level of skill or ability. Performance returns are presented net of comissions and advisory fees ****(2%) charged to any client, and include the reinvestment of dividends and capital gains.  Additional information regarding the fees charged can be found in the advisor’s Form ADV, Part 2. No current or prospective client should assume that the future performance of any specific investment or strategy will be profitable or equal to past performance levels. All investment strategies have the potential for profit or loss. All strategies have different degrees of risk. There is no guarantee that any specific investment or strategy will be suitable or profitable for any investor. Asset allocation and diversification will not necessarily improve an investor’s returns and cannot eliminate the risk of investment losses. Performance returns prior to February 1, 2017 do not represent actual trading using client assets, but were achieved through retroactive application of a model designed with the benefit of hindsight. Model returns have inherent limitations. Specifically, these returns do not represent actual trading and may not reflect the impact of material economic and market factors on the advisor’s decision-making if the advisor had actually managed the client’s money during this time frame. These return calculations are based in part on backtesting. Backtesting involves a hypothetical reconstruction, based on past market data, of what the performance of a particular account would have been if the advisor had managed the account using a specific investment strategy. Backtested performance results are purely hypothetical and do not reflect actual trading in clients’ accounts.These results should not be viewed as indicative of the advisor’s skill and do not reflect the performance achieved by any specific client. During the period running prior to February 1, 2017 the advisor was not providing advice using this model and clients’ results were materially different. The model that gave rise to these backtested performance results is one that the advisor is now using in managing clients’ accounts. Comparison to other benchmark indices is for illustrative purposes only. These indices may materially differ from the Alpha Income Portfolio.