The Westwood Dividend Growth Equity strategy:

  • Is actively managed, utilizing a bottom-up security selection process.
  • Typically invests in approximately 30-50 companies with attractive valuations.
  • Seeks to create a diversified portfolio of high-quality companies with sustainable dividend growth, capital appreciation and limited downside risk.
  • Maintains a gross dividend yield that is equal to or greater than the S&P 500 Index.
  • Controls risk by limiting the target weight of each holding, imposing maximum position limits, and limiting sector weightings. The beta of the portfolio is typically less than that of the market.

Performance

(As of 12/31/2016)

Inception date QTR YTD 1 yr 3 yr 5 yr Since Inception
Dividend Growth Gross of Fees 11/1/1993 3.07% 9.74% 9.74% 6.90% 12.48% 8.21%
Dividend Growth Net of Fees 2.86% 8.87% 8.87% 6.05% 11.71% 7.38%
S&P 500 Index 3.82% 11.96% 11.96% 8.87% 14.66% 9.12%

Investment Team

Westwood believes that team management creates a sense of ownership, accountability and consistency in the investment process. Our Dividend Growth team is supported by a fundamental research team that has cross capitalization responsibilities in specific sectors.

Within our process, Research Analysts generate investment ideas, while the Portfolio Team is responsible for portfolio construction. Each of our Research Analysts is also on a Portfolio Team, which leads to a very collaborative environment where we fully utilize the expertise of all investment team members.

Portfolio Team

Christopher J. MacDonald, CFA

Portfolio Manager

Matthew R. Lockridge

Portfolio Manager/Research Analyst

Michael H. Wall

Portfolio Manager/Research Analyst


Disclosures

For purposes of compliance with the GIPS standards, the firm (“Westwood” or the “Firm”) is defined as the assets of Westwood Management Corp. and Westwood International Advisors Inc.  Westwood Management Corp. is an SEC registered investment adviser under the Investment Advisers Act of 1940 that provides investment supervisory services, managing equity and fixed income portfolios.  Westwood International Advisors Inc. is a registered portfolio manager with the Ontario Securities Commission and the Autorité des marchés financiers in Quebec that provides investment supervisory services for global and emerging markets equity portfolios.  Westwood Management Corp. and Westwood International Advisors Inc. are wholly owned subsidiaries of Westwood Holdings Group, Inc. (NYSE: WHG). Policies for valuing portfolios, calculating performance, and preparing compliant presentations are available upon request, as is a complete list and description of the Firm’s composites, by contacting performance@westwoodgroup.com.

 

Westwood Management Corp. claims compliance with the Global Investment Performance Standards (GIPS®).  Unless otherwise stated, performance shown is in U.S. Dollars.

 

On November 18, 2010, Westwood Holdings Group, Inc., the parent company of Westwood, entered into a Securities Purchase Agreement with McCarthy Group Advisors, L.L.C., a Nebraska limited liability company, and the members of MGA Holdings, L.L.C., pursuant to which Westwood Holdings Group, Inc. agreed to acquire all of the outstanding membership interests of MGA. MGA was a registered investment advisor based in Omaha, Nebraska that managed private wealth and institutional client assets. The Dividend Growth Composite was included as part of the McCarthy acquisition. Prior to the acquisition, the Dividend Growth Composite was called the Multicap Growth Composite. Firm assets are not showing before 2010, as the assets were from a prior firm. The Dividend Growth Composite includes all taxable and tax exempt, fee-paying fully discretionary accounts that invest in high-quality companies with sustainable dividend growth, capital appreciation, and limited downside risk. The minimum portfolio size for inclusion in the Dividend Growth Composite is $1 million. Portfolio returns reflect the reinvestment of dividend and interest income.