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 03/31/2026. 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 03/31/2026. 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
83
504
Weighted Average Market Cap ($ Mil)
783,762
1,117,319
Median Market Cap ($ Mil)
119,575
39,274
Forecasted Tracking Error (Barra Predicted)
4.1%
-
Portfolio Beta (Barra Predicted)
0.88
-
Dividend Yield
1.9%
1.3%
Price/Earnings (Trailing 12 Months)
24.0x
27.4x
Price/Book Value
9.3x
7.6x
Annual Turnover (Trailing 12 Months)
11.7%
2See Disclosures
Performance Characteristics (Gross of Fees) 1, 4,
TWIN Dividend Select
Alpha
-1.8%
Tracking Error
4.1%
Information Ratio
-0.44
Beta
0.86
Standard Deviation
12.7%
Sharpe Ratio
0.86
Upside Capture
84%
Downside Capture
88%
GICS® SECTOR WEIGHTS (%) 2,
TWIN Dividend Select
S&P 500® Index
Active
Communications Services
7.9
10.3
-2.4
Consumer Discretionary
9.5
9.9
-0.4
Consumer Staples
5.2
5.3
0.0
Energy
4.2
4.0
0.2
Financials
13.5
12.6
0.9
Health Care
11.2
9.5
1.8
Industrials
8.8
9.0
-0.2
Information Technology
33.7
32.9
0.8
Materials
2.0
2.1
0.0
Real Estate
1.3
2.0
-0.6
Utilities
2.6
2.5
0.1
2See Disclosures
