Dividend Vision Model Portfolios
Dry Powder
Possible locations to hold cash (aka your dry powder).
Updated Nov 5, 2026
Holdings
Rates, payout schedules and scores are refreshed from our data on every site update. Open a fund for its full analysis.
| Ticker | Fund | Weight | Dist. rate | Pays | Distribution Safety Score™ | Expense |
|---|---|---|---|---|---|---|
| BIL | SPDR Bloomberg 1-3 Month T-Bill ETF | 12.5% | 4.05% | Monthly | — | 0.1352% |
| CSHI | NEOS Enhanced Income 1-3 Month T-Bill ETF | 12.5% | 4.99% | Monthly | 83 Safe | 0.38% |
| ICSH | iShares Ultra Short Duration Bond Active ETF | 12.5% | 4.24% | Monthly | 84 Safe | 0.08% |
| SGOV | iShares 0-3 Month Treasury Bond ETF | 12.5% | 3.93% | Monthly | 79 Generally safe | 0.09% |
| SBIL | Simplify Government Money Market ETF | 12.5% | 3.84% | Monthly | — | 0.15% |
| USFR | WisdomTree Floating Rate Treasury Fund | 12.5% | 4.07% | Monthly | 80 Safe | 0.15% |
| STRC | Strategy Variable Rate Series A Perpetual Stretch Preferred Stock | 12.5% | 0.96% | Twice a month | 63 Generally safe | — |
| WEEK | Roundhill Weekly T-Bill ETF | 12.5% | 3.81% | Weekly | 97 Safe | 0.19% |
Portfolio Distribution Safety Score™
Weighted by each fund's share of the projected income. No income comes from funds scoring under 60. Scores cover 74% of the income; the rest is not scored yet. The ring shows how the income splits across score bands.
Why these picks
- BIL
Seeks to provide investment results that correspond to the price and yield performance of the Bloomberg 1-3 Month U.S. Treasury Bill Index. No Distribution Safety Score™ yet; pays about 4.0% monthly; 0.14% expense ratio; $48.5B in assets.
- CSHI
Seeks to generate monthly income in a tax-efficient manner by holding 1-3 month U.S. Treasury bills with an S&P 500 put-spread options overlay. Distribution Safety Score 83 (Safe); pays about 5.0% monthly; 0.38% expense ratio; $2.1B in assets.
- ICSH
Provides current income consistent with preservation of capital via actively managed ultra-short-duration, investment-grade bonds. Distribution Safety Score 84 (Safe); pays about 4.2% monthly; payouts down 12% over the past year; 0.08% expense ratio; $9.0B in assets.
- SGOV
Seeks to track an index of U.S. Treasury obligations maturing in three months or less, investing at least 90% of assets in U.S. Treasury securities. Distribution Safety Score 79 (Generally safe); pays about 3.9% monthly; payouts down 15% over the past year; 0.09% expense ratio; $116.8B in assets.
- SBIL
Seeks to deliver attractive current income while preserving capital by laddering U.S. Treasury bills in the 0-6 month range. No Distribution Safety Score yet; pays about 3.8% monthly; 0.15% expense ratio; $4.1B in assets.
- USFR
Tracks the performance of U.S. Treasury floating-rate notes (FRNs). Distribution Safety Score 80 (Safe); pays about 4.1% monthly; payouts down 12% over the past year; 0.15% expense ratio; $21.3B in assets.
- STRC
Stretch (STRC) is Strategy’s perpetual preferred stock that pays a variable cash dividend twice a month (semi-monthly). Distribution Safety Score 63 (Generally safe).
- WEEK
Seeks to provide investors with exposure to U.S. Treasury bills with a weekly distribution strategy. Distribution Safety Score 97 (Safe); pays about 3.8% weekly; 0.19% expense ratio; $183M in assets.
Reasons written Nov 4, 2026; the holdings table above shows today's figures.
Backtest
+7.2% total return since Jul 2025 (5.7% a year)
| Series | Total return | Per year | Last 12 mo | Max drawdown | Volatility |
|---|---|---|---|---|---|
| Dry Powder | +7.2% | 5.7% | +5.0% | −3.1% | 2.5% |
| SPY | +20.5% | 15.9% | +11.6% | −8.9% | 12.4% |
| BIL | +4.8% | 3.8% | +3.7% | 0.0% | 0.2% |
Jul 30, 2025 to Nov 3, 2026. Buy-and-hold at the listed weights, distributions reinvested (adjusted close). Past performance does not guarantee future results.
Frequently asked questions
How was the Dry Powder backtest calculated?
It holds the listed weights from Jul 30, 2025 to Nov 3, 2026 without rebalancing and reinvests every distribution, using split- and distribution-adjusted prices. Benchmarks are measured the same way. Past performance does not guarantee future results.
What is this portfolio's Distribution Safety Score?
83 out of 100 (Safe). It averages each fund's Distribution Safety Score, weighted by its share of the portfolio's projected income. It is a rules-based estimate of how dependable the payouts are, not a guarantee.
How much income does Dry Powder pay?
The holdings' current distribution rates blend to about 3.7% a year at the listed weights. Distribution rates change as funds raise, cut or vary their payouts.
Is this investment advice?
No. Model portfolios are examples for research and education. They are not recommendations to buy or sell any security, and you are responsible for your own decisions.
More model portfolios
Disclaimer: Model portfolios are illustrative examples for research and education, not investment advice or a recommendation to buy or sell any security. Distribution rates and scores change. Backtests are hypothetical, assume distributions are reinvested and ignore taxes and trading costs. Investing involves risk, including loss of principal.