TWIN Enhanced 50
This concentrated Tax-Managed Enhanced Index approach aims to consistently outperform the S&P 500Ⓡ benchmark after-taxes, while taking similar or less risk than the market. This strategy holds 50 or less stocks.
Annualized Returns †, 1,
†As of 06/30/2026. Performance is preliminary. Returns for periods greater than a year are annualized. Past performance is not necessarily indicative of future results.
1See Disclosures
Annual Rates of Return †, 1,
†As of 06/30/2026. Performance is preliminary. Returns for periods greater than a year are annualized. Past performance is not necessarily indicative of future results.
1See Disclosures
*Inception October 1, 2018
Strategy Characteristics 2,
TWIN Enhanced 50
S&P 500® Index
Number of Holdings
50
504
Weighted Average Market Cap ($ Mil)
1,436,780
1,282,626
Median Market Cap ($ Mil)
254,200
43,837
Forecasted Tracking Error (Barra Predicted)
2.3%
-
Portfolio Beta (Barra Predicted)
0.98
-
Dividend Yield
1.04%
1.12%
Price/Earnings (Trailing 12 Months)
27.6x
27.6x
Price/Book Value
7.5x
7.1x
Annual Turnover (Trailing 12 Months)
20.2%
2See Disclosures
Performance Characteristics (Gross of Fees) 1, 4,
TWIN Enhanced 50
Alpha
1.4%
Tracking Error
2.1%
Information Ratio
0.67
Beta
0.98
Standard Deviation
14.8%
Sharpe Ratio
0.80
1See Disclosures
4See Disclosures
GICS® SECTOR WEIGHTS (%) 2,
TWIN Enhanced 50
S&P 500® Index
Active
Communications Services
9.7
9.7
0.0
Consumer Discretionary
9.3
9.3
0.0
Consumer Staples
4.8
4.6
0.2
Energy
3.0
3.0
0.1
Financials
11.9
11.8
0.2
Health Care
9.1
8.9
0.2
Industrials
8.8
8.9
-0.1
Information Technology
37.4
38.0
-0.6
Materials
1.8
1.8
0.0
Real Estate
1.9
1.8
0.1
Utilities
2.2
2.2
0.0
2See Disclosures
