* My Holdings As A % Of Market Value And Income

As part of my full disclosure on stock analyses, I include the subject stock's percentage of my income portfolio (market basis) for securities I own. This prompted one reader to ask if I would disclose the percentage of each of my holdings. Below is a table of my income holdings and their relative percentages based on market value and annual income generated:

	Mk Val.		Income
AFL	1.3%		1.0%
BBT	1.9%		3.1%
BP	2.9%		3.0%
CAT	0.9%		0.7%
CLX	1.4%		0.6%
CVX	1.3%		0.6%
CNI	2.2%		0.6%
CTL	2.1%		2.9%
ED	6.3%		4.9%
GE	1.7%		2.7%
HCP	2.2%		2.7%
HD	1.6%		0.9%
INTC	1.0%		0.6%
ITW	3.5%		1.7%
JNJ	2.5%		1.0%
KMB	1.3%		0.8%
KO	1.3%		0.6%
LLY	2.4%		1.6%
MCD	2.7%		1.2%
MFC	1.4%		1.3%
MTB	0.5%		0.5%
NNN	5.8%		7.8%
NUE	1.5%		0.7%
O	4.0%		5.0%
PAYX	1.6%		1.8%
PEP	2.2%		0.9%
PG	2.3%		0.9%
PGN	3.7%		3.1%
RY	1.9%		1.7%
SYY	4.0%		2.1%
TEG	1.2%		1.0%
USB	0.6%		1.2%
UTX	1.4%		0.6%
WMT	1.5%		0.4%
SDY	3.6%		3.1%
AOD	3.4%		14.9%
BLV	2.6%		1.8%
ETO	4.6%		10.4%
PID	1.9%		1.2%
VFH	1.4%		1.4%
VIG	3.1%		1.1%
VNQ	2.2%		3.4%
VYM	3.3%		2.4%

The red highlighted items are securities that are outside of my 5% maximum allocation. In the case of market value, ED and NNN are long-term holdings that "grew" into the overallocation position (actually declined less than the other securities). As for the income percentages, this is something that I just recently started to monitor. ETO and AOD are unacceptable at their current levels. I am gradually working these percentages down via sales. NNN is close enough that it will come inline as I add new investments.

Be careful not to read too much into this table. These are not recommended allocations, instead it is just a snapshot of where I am currently at after many years of investing.