Portfolio Rebalance Report 2025

1. Strategy Summary

This rebalance reallocates capital from high-volatility growth/speculative assets into stable dividend-growth companies, REIT/income positions, and a long-term dividend ETF anchor. A £500 tactical cash reserve is maintained for market dips. The portfolio remains globally diversified with a preference for U.S. mega-cap durability and UK-listed income support.

2. High-Level Allocation

Category	Before	After Target	Action
High-Growth Tech	~36%	~25%	Trim NVDA/AMD/MSFT
Dividend Growth / Defensive	~34%	~40%	Increase
Energy & Commodities	~7%	~10%	Increase
REITs & Income	~9%	~10%	Increase
Financials	~8%	~10%	Increase
Cash Reserve	~0.6%	~2% (£500)	Maintain

3. Assets Fully Exited

Ticker	Reason
OPTT	Speculative microcap — low long-term dividend potential
DJT	High risk / low fundamentals
SSTK	Better yield opportunities elsewhere

4. Trimmed Positions

Ticker	Action	Reason
NVDA	Partial Trim	Outsized weighting vs. income reliability
AMD	Partial Trim	Rebalance volatility exposure
MSFT	Small Trim	Reduce tech concentration while retaining core
BE	50% Trim	Profit capture; low yield

5. New/Additive Positions

Ticker	Type	Role
TXN	Dividend Growth	Stable semiconductor income
LMT	Defensive / Moat	Long-cycle defence cashflows
ULVR	Staples Dividend	UK-priced defensive yield
HD	Quality Dividend	US housing cycle defensive
PLD	REIT	Industrial/logistics income
BX	Financials Yield	Alternative income + growth
VIG	ETF	Core dividend-growth backbone
ENPH	Growth Satellite	Long-term optionality allocation

6. Dividend Income Outlook

Stage	Projected (Annual)
Before Rebalance	~£380/yr
After Allocations	~£530–600/yr
Next Milestone	£1,000/yr

7. Long-Term Tracker

Milestone	Income Target
Stage 1	£500/yr
Stage 2	£1,000/yr
Stage 3	£2,500/yr
Stage 4	£5,000/yr
Stage 5	£10,000/yr
Final	£12,000/yr