Dividend Select
A lower volatility portfolio that involves two levels of stock selection. We first create a universe of S&P 500® stocks with less return variability; and then select stocks from this universe using our TWIN Equity Model™ and Fundamental Tilt®. The goal is to outperform the S&P 500® over the long-term with significantly less risk (standard deviation) than the index itself.
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 June 2010
Strategy Characteristics 2,
TWIN Dividend Select
S&P 500® Index
Number of Holdings
84
504
Weighted Average Market Cap ($ Mil)
886,718
1,282,626
Median Market Cap ($ Mil)
116,964
43,837
Forecasted Tracking Error (Barra Predicted)
4.2%
-
Portfolio Beta (Barra Predicted)
0.85
-
Dividend Yield
1.7%
1.1%
Price/Earnings (Trailing 12 Months)
26.2x
27.6x
Price/Book Value
9.4x
7.1x
Annual Turnover (Trailing 12 Months)
8.6%
2See Disclosures
Performance Characteristics (Gross of Fees) 1, 4,
TWIN Dividend Select
Alpha
-2.0%
Tracking Error
4.2%
Information Ratio
-0.48
Beta
0.85
Standard Deviation
12.7%
Sharpe Ratio
0.90
Upside Capture
90%
Downside Capture
82%
GICS® SECTOR WEIGHTS (%) 2,
TWIN Dividend Select
S&P 500® Index
Active
Communications Services
6.6
9.7
-3.1
Consumer Discretionary
9.5
9.3
0.2
Consumer Staples
5.1
4.6
0.5
Energy
3.1
3.0
0.1
Financials
13.0
11.8
1.2
Health Care
10.0
8.9
1.1
Industrials
8.7
8.9
-0.2
Information Technology
38.4
38.0
0.4
Materials
1.7
1.8
-0.1
Real Estate
1.5
1.8
-0.3
Utilities
2.4
2.2
0.2
2See Disclosures
