Wealth Management Blog | WrapManager

Strategic Value Dividend November Commentary - Federated Investors

Written by Michael J. O'Connor | December 27, 2012

Federated Investors’ November commentary gives their take on recent and upcoming events in the market and economy, as well as a recap of the Strategic Value Dividend portfolio’s performance. "Through the month of November, the Strategic Value Dividend portfolio proceeded on its way to achieving its objectives of providing a high-level of current income, long-term capital appreciation driven by dividend growth and lower downside risk. The portfolio finished with a gross dividend yield that measured 4.96% in line with its 5.0% target. This was significantly higher than the 2.28% yield of the broad market S&P 500 Index, as well as the 4.00% yield of the Dow Jones Select Dividend Index that aims to reflect the domestic dividend-paying universe."