RE: How to define fund success7 Jan 2023 22:49
a relatively new investment for me - a little over 3 years.
Made 19 trades so far, the first at about 367p and the last purchase in October at 242.5p.
My last trade (my only sale) was quite recently.
I will retain a large holding here for the foreseeable future. With future trades I have no doubt that I will be increasing my yield into double digits on retained shares, even if HFEL never increased the dividend again. I don't consider a profit is made until more has been received from sales than the cost of retained shares, so before that, any sale if made above an average price would simply be reducing my average on retained shares.
I never look at total return for a stock - I keep total income for my portfolio and capital values/cost for each of my portfolio stocks separate . My aim with Hfel would be the same as any other stock - trade to reduce average capital costs of retained shares at the same time receiving dividends that the fund wishes to make.
Any investor seeking income should be content with receiving getting on for 9% at the current price, with any dividend and share price increases simply being a bonus.