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I have written individual articles on some of these businesses, please see my full list of articles if you are interested. Dow Baseline 58.91% Enton Vance Enhanced Equity Income Fund II ( EOS ) 65.75% Philip Morris INTL INC. ( PM ) 44.47% ** NA No long term data Average Above Dow 21.37% Recent Portfolio Changes and Earnings Comments For the fourth quarter's earnings season the 24 portfolio companies did reasonably well with a few laggards, 16 beat earnings estimate, 2 meet estimates and 6 missed estimates a bit. On 2/2/17 Philip Morris earnings were $1.10 compared to expected at $1.12 and last year at $0.81. Rev was up by $300 Million from the expected with total revenue at $6.97 Billion up by 9.1% year over year. Hold for now and only sell when PM becomes too large a percentage of the portfolio. Exchange rates and the strong dollar are causing PM (a total international company) earnings to have a headwind but they came through with fair earnings. They increased their dividend by $0.02/quarter and have a high pay out ration of 96%. Mr.

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