“The cumulative effect of higher inflation and higher interest rates has contributed to consumer angst, especially among lower income consumers. In addition, inventory destocking and Covid related volatility continues to be a headwind for many businesses.”

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 1Q 2024, with a particular focus on:

• The delay in the broadening of the market beyond leading tech names
• Primary contributors and detractors to the Global Dividend Yield strategy performance
• Portfolio positioning relative to the benchmark

For more insights, read our 1Q 2024 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.