Large Dividend Growth Strategy
The strategy seeks to achieve a positive yield premium to the S&P 500 Index. The strategy follows a top-down investment approach and purchases financially sound companies that pay an attractive current level of dividends at discounted valuations.
Competitive advantages
Asset class flexibility
The team analyzes each component of a company’s capital structure, seeking the best relative-value opportunities and total return potential.
Process resilience
The team’s process can uncover additional opportunities and assist in preserving liquidity during periods of extreme market stress.
Independent risk management
The team’s risk analysis is overseen by the Office of the CIO and implemented by over 30 dedicated team members.
Leveraging coordination, research, and flexibility to drive returns.
The team philosophy employs the belief that each asset class has a defined and fundamental role when constructing portfolios for clients.
Key risks
Market risk: Security markets are volatile and may decline significantly in response to adverse issuer, regulatory, political, or economic developments with different sectors of the market and different security types reacting differently to such developments.
Equity securities risk: Equity securities fluctuate in value and price in response to factors specific to the issuer of the security, such as management performance, financial condition, and market demand for the issuer's products or services, as well as factors unrelated to the fundamental condition of the issuer, including general market, economic, and political conditions.
Small-cap securities risk: If a strategy invests in the securities of smaller-capitalization companies, these securities tend to be more volatile and less liquid than those of larger companies.
Foreign securities risk: If a strategy invests in the securities of non-U.S. issuers, these investments may be subject to lower liquidity, greater price volatility, and risks related to adverse political, regulatory, market, or economic developments and may be affected by changes in foreign currency exchange rates.
Investors should know that this strategy deployed may be subject to additional investment risks. For important information about the investment manager, please refer to Form ADV Part 2.
