Tech Stocks and Financial Sector Deliver a...

Tech Stocks and Financial Sector Deliver a Strong Quarter

Global Dividend Yield Review of the Fourth Quarter of 2023 | KayneCast 246

January 31, 2024

“The large move in interest rates that we saw in 2023 is not typical and we would not expect that kind of volatility going forward. However, we would anticipate that any future decline in interest rates would represent a potential valuation tailwind for many of the stocks in the portfolio.”

Each quarter, Richard Sherry, CFA Portfolio Manager and Senior Research Analyst provides an update on the performance of the Global Dividend Yield strategy and shares his market outlook.  Listen to his most recent episode where Rich recaps market activity during Q4 2023, with a particular focus on:

  • Influencing factors such as the rotation into mega-cap tech and exposure to banks
  • Primary contributors and detractors to the Global Dividend Yield strategy performance
  • Portfolio positioning relative to the benchmark

For more insights, read our Q4 2023 Commentary or subscribe to Kaynecast where we provide the latest updates from the KAR Investment Team on our investment strategies.

Kaynecast is available on Apple Podcasts and Spotify.

This information is being provided by Kayne Anderson Rudnick Investment Management, LLC (“KAR”) for illustrative purposes only. Information contained in this material is not intended by KAR to be interpreted as investment advice, a recommendation or solicitation to purchase securities, or a recommendation of a particular course of action and has not been updated since the date of the material, and KAR does not undertake to update the information presented should it change. This information is based on KAR’s opinions at the time of the recording of this material and are subject to change based on market activity. There is no guarantee that any forecasts made will come to pass. KAR makes no warranty as to the accuracy or reliability of the information contained herein. Past performance is no guarantee of future results.

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