Welcome to the home page of Applied Portfolio Management at the Washburn University School of Business in Topeka, Kansas. Students in BU 484 (undergraduate) and BU 988 (graduate) have been managing an equity portfolio on behalf of the Washburn University Foundation since July 2007. Use the navigation buttons at the top of the page to read the students’ stock research reports and macroeconomic newsletter and view the profiles of the program’s Alumni and Executive Board members. Washburn’s Applied Portfolio Management Program offers students the opportunity to conduct financial analysis using professional databases such as Standard & Poor’s Capital IQ and EVA Dimensions:
The SIF modestly outperformed the S&P 500 by 0.7% from Dec 2010 to Dec 2011. The graph below shows the performance of the Student Investment Fund (SIF) portfolio:
The table below shows the trailing 12 month return of each SIF position vs. the S&P 500 and the NASDAQ-100. With the market’s rally in early 2012, the SIF modestly extended its advantage over the S&P 500. The table also shows the beta (trailing 60 months) of each SIF position. The portfolio’s weighted average beta of 0.86 shows that the SIF not only outperformed the S&P 500, but achieved this outperformance with lower volatility:
The table below shows the SIF’s current positions and the weight of each position in the SIF portfolio:
The SIF’s active sector over- and under-weights are shown in the table below. Overweights in Healthcare, Materials and Industrial stocks contributed to the SIF’s outperformance:
As of January 2012 the SIF has an average dividend yield of 3.0%. This focus on dividend-paying stocks has also contributed to the outperformance of the Student Investment Fund. The table below shows the capitalization-weighted average current dividend yield of the SIF’s actively-managed positions.
The Washburn SIF’s dividend yield is 1.0% greater than the S&P 500:
-- Datasource: Standard & Poor’s Capital IQ