Income Generation & Yield Sustainability

Harborview Family Office Investment Group • $650M Portfolio • Q3 2024

Current Portfolio Yield

5.84%

+12 bps

Real Yield (After CPI)

2.41%

-8 bps

CPI: 3.43% • Target: 5.93%

Avg Coverage Ratio

1.34x

Stable

3 holdings on watch

Income Diversification (HHI)

0.128

Good

Target: <0.15

Duration-Weighted Yield

5.21%

Duration: 4.2y

Rate sensitivity: Moderate

Floating Rate Income

18.4%

+2.1%

Fixed: 81.6%

Yield Contribution by Asset Class

Distribution Coverage by Top Holdings

Sustainability Alerts

MPW

Medical Properties Trust REIT

ALERT

Coverage: 0.87x (below 1.1x threshold)

Action: Review distribution sustainability; potential yield cut risk

EPD

Enterprise Products Partners MLP

WATCH

Coverage: 1.08x (near threshold)

AT&T Inc. Dividend Equity

WATCH

Sustainability Score: 54 (below 60 target)

Realty Income Corp. REIT

HEALTHY

Coverage: 1.42x • Score: 87

Income Maturity Ladder (Reinvestment Risk Profile)

Tax Efficiency

Qualified Dividends 62.3%

Ordinary Income 37.7%

Yield on Cost vs. Current

Yield on Cost 6.42%

Current Yield 5.84%

Spread

+58 bps

Capital appreciation offset

Annual Income Target

Actual vs. Target

$38.0M

Target: $38.5M

$0 -$0.5M gap $38.5M

Income Holdings Data

Holding	Sleeve	Annual Income	Yield	Coverage	Sustainability	Status
O	REIT	$4,820,000	5.62%	1.42x	87	Healthy
VICI	REIT	$3,960,000	5.88%	1.38x	82	Healthy
JNJ	Div Equity	$3,120,000	3.15%	1.89x	91	Healthy
EPD	MLP	$2,880,000	7.42%	1.08x	64	Watch
MPW	REIT	$2,640,000	9.84%	0.87x	42	Alert
T	Div Equity	$2,420,000	6.38%	1.24x	54	Watch
PFE	Div Equity	$2,180,000	5.92%	1.56x	78	Healthy
AGNC	REIT	$1,980,000	13.24%	1.18x	68	Healthy