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 09/30/2026. 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 09/30/2026. 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
81
504
Weighted Average Market Cap ($ Mil)
1,085,903
1,540,785
Median Market Cap ($ Mil)
112,212
43,491
Forecasted Tracking Error (Barra Predicted)
4.2%
-
Portfolio Beta (Barra Predicted)
0.85
-
Dividend Yield
1.7%
1.1%
Price/Earnings (Trailing 12 Months)
26.1x
26.5x
Price/Book Value
13.2x
9.8x
Annual Turnover (Trailing 12 Months)
12.5%
2See Disclosures
Performance Characteristics (Gross of Fees) 1, 4,
TWIN Dividend Select
Alpha
-2.1%
Tracking Error
4.2%
Information Ratio
-0.51
Beta
0.85
Standard Deviation
12.6%
Sharpe Ratio
0.88
Upside Capture
83%
Downside Capture
87%
GICS® SECTOR WEIGHTS (%) 2,
TWIN Dividend Select
S&P 500® Index
Active
Communications Services
7.7
9.9
-2.2
Consumer Discretionary
8.9
8.6
0.3
Consumer Staples
4.6
4.4
0.2
Energy
3.5
3.4
0.1
Financials
11.4
11.4
0.0
Health Care
9.3
9.3
0.0
Industrials
8.7
8.0
0.7
Information Technology
40.5
39.7
0.8
Materials
1.7
1.7
0.0
Real Estate
1.7
1.7
0.0
Utilities
1.9
1.9
0.0
2See Disclosures
