Ten Clean Energy Stocks For 2016: Quick June Update

June was another good month (and capped a strong first half of the year) for my Ten Clean Energy Stocks for 2016 model portfolio.

This update's going to be a short one, but here are the basic stats:

  June Total Return June Benchmark Return YTD Total Return YTD Benchmark Return
10 Clean Energy Stocks 3.3% 0.6% 6.8% -2.8%
7 Clean Energy Income Stocks 7.1% 1.9% 12.3% 5.7%
3 Clean Energy Growth Stocks -5.7% -2.3% -5.8% -19.2%
GGEIP 3.0% 0.6% 12.1% 5.7%

See the previous update for a description of the benchmarks.

The strong performance of the portfolio was driven mostly by the flight to quality and lower interest rate expectations caused by the Brexit vote and weaker than expected growth indicators in the US. Lower growth expectations and the more uncertain global economy mean that the Federal Reserve will be raising US interest rates later than previously expected, or even begin to reduce rates again if another recession is on the horizon.  

Lower bond interest rates make my high yield clean energy stock much more attractive, hence the great performance for the income stocks, while the growth stocks, which are sensitive to a slowing economy fared relatively badly.

The chart above (larger version here gives detailed performance for the individual stocks.Selected news driving individual stocks is discussed below.

Income Stocks

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