P4 focuses on stocks with above-average dividend yields. Investors with an interest in current income are likely to find interest here. Stocks selected for the portfolio must have a yield of at least 1% above the median of all dividend-paying stocks tracked, a solid timeliness outlook, and financial strength at the time of purchase. A holding may be sold at any time, replacing it with a new stock with better prospects. Any stock whose timeliness outlook falls significantly is considered for sale. In general, P4 will tend to exhibit the following features: (1) Despite the focus on dividend yield and current income, stocks are typically selected from a broad range of industries, providing a meaningful degree of diversification. (2) The portfolio's risk profile will likely be less than the broader market, given the usual concentration of low-Beta stocks.