Income Stock Investment Strategy

Strategy Highlights

: We seek to outperform the US large-cap equity market while offering a dividend yield more than 50% above that of the S&P 500® Index.

The strategy is managed by an experienced and well tenured team whose interests are aligned with our clients.

The Income Stock strategy offers a balanced approach between high-dividend yield and dividend growth, augmented by a valuation-sensitive process.

The strategy seeks attractively valued companies with solid and improving fundamentals and catalyst-driven business momentum and aims to capture both income and capital appreciation.

Learn more about our multidimensional investment philosophy

Strategy Profile

Objective: The objective of the Income Stock strategy is to outperform the S&P 500 Index while delivering a dividend yield at least 50% higher than that of the Index over a full market cycle.
Performance Benchmark: The S&P 500® Index performance benchmark is used as a comparator for this strategy. Information about the indices shown here is provided to allow for comparison of the performance of the strategy to that of certain well-known and widely recognized indices. There is no representation that such index is an appropriate benchmark for such comparison.
Strategy inception: April 1, 2011

Investment Team

The strategy is managed by an experienced team with a wide range of backgrounds. In-house research analysts are at the core of our investment process, and our multidimensional research capabilities help to promote better-informed investment decisions.

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John C Bailer

Deputy head of equity income, portfolio manager

Brian Ferguson

Portfolio manager, Equity Income team

Keith Howell Jr.

Portfolio manager, Equity Income team

Past performance is not a guide to future performance. Your capital may be at risk. The value of investments and the income from them can fall as well as rise and investors may not get back the original amount invested.

Key Investment Risks

: Objective/Performance Risk: There is no guarantee that the strategy will achieve its objectives and a capital loss may occur.

Geographic Concentration Risk: The strategy primarily invests in a single market which may have a significant impact on the value of the strategy.

Concentration Risk: A fall in the value of a single investment may have a significant impact on the value of the strategy because it typically invests in a limited number of investments.

Real Estate Investment Trust (REITs) Risk: The strategy is subject to risks associated with investing in real estate which may include but is not limited to liquidity constraints arising from difficulties with the disposal of the underlying properties, fluctuations in the value of underlying properties, defaults by borrowers or tenants, market saturation, changes in general and local economic conditions, decreases in market rates for rents, increases in competition, property taxes, capital expenditures or operating expenses and other economic, political or regulatory occurrences affecting companies in the real estate industry.

Investment in Infrastructure Companies Risk: The value of investments in Infrastructure Companies may be negatively impacted by changes in the regulatory, economic or political environment in which they operate.

Capital Depreciation Risk: The strategy undertakes investment activities that are designed to maximize the generation of income. This may result in a reduction of capital.