FMD Capital Management

3 Sectors To Watch In The Second Half Of 2015

Written by David Fabian, July 01st, 2015

The S&P 500 Index was nearly unchanged in the first half of 2015, yet the divergences in underlying sectors told a very different tale. The tepid return in the major averages was generated by weakening in interest rate sensitive areas and continued strength in high growth leadership categories. This tug-of-war style market has created a relative valuation chasm between several important sectors that warrants close attention. Read more

AUDIO: Four Components Of A Successful Income Portfolio

Written by David Fabian, June 30th, 2015

The first half of 2015 is nearly in the books and the results have been surprisingly tepid thus far. The S&P 500 Index is up just over 1% and most traditional bond benchmarks are in negative territory for the year. The lukewarm gain in stocks, combined with volatility in interest rate sensitive asset classes, prompts an important question.

Is your portfolio properly structured to meet your income needs without over reliance on a specific outcome?
Read more

The Benefits And Risks Of MLP ETFs

Written by David Fabian, June 30th, 2015

Master limited partnerships (or MLPs) have long been favored by income investors for their high yields and non-correlated returns. Most MLPs operate a toll-road style infrastructure of pipelines, storage facilities, and transport for the oil and gas industry. Because of their specific legal structure, they are able to return a high portion of their earnings to shareholders in the form of dividends.

While many investors prefer to own publicly traded MLPs directly, you can also access a basket of these securities through an exchange-traded fund (ETF).  Read the complete article at

Preferred Stock ETFs Show Perseverance

Written by David Fabian, June 24th, 2015

The income investing landscape has certainly shifted in 2015, with many dividend fixtures trading well below their starting point for the year. Stalwart asset classes such as REITs, utilities, MLPs, and even dividend paying common stocks have struggled to make positive headway and in some cases are more than 10% off their recent highs. Read more

How Quickly Should You Adopt A New ETF?

Written by David Fabian, June 23rd, 2015

The release of new exchange-traded funds (ETFs) continues to be one of the more robust practices on Wall Street and has shown no signs of slowing down.  As we near the mid-point of 2015, fund sponsors have introduced over 110 new exchange-traded products (ETPs).  Much of this growth has been fueled by a revolution of white label platforms that allow for smaller asset managers to get in on the game as well.

Read the complete article at