In the fourth quarter, market breadth broadened materially: Small- and mid-cap stocks outperformed mega caps, cyclicals gained traction, and sector leadership rotated toward Financials, Industrials, and Health Care. Mueller Industries outperformed during the quarter, as the company reported strong quarterly results with net income and earnings-per-share growth ahead of Wall St. expectations. We have become more constructive on the Energy sector, given oil prices, valuations, and sentiment, and added exposure to the sector during the quarter.
| Name | Quantity | Cost | Value | Profit ($) | Gain (%) |
|---|---|---|---|---|---|
| AH Amanda Hawley Atria Wealth Solutions Inc. | 38,000 | $511,100 | $704,900 | $193,800 | 37.92% |
Christopher C. Powers Farther Finance Advisors, LLC | 1,141 | $18,496 | $21,165.55 | $2,669.55 | 14.43% |
| NYSE Exchange | US Country |
The described fund focuses on investing at least 80% of its net assets, in addition to leveraging borrowings for investment purposes, in dividend-paying equity securities. With an emphasis on stability and growth potential, the fund primarily seeks out large capitalization companies. These companies are selected for their solid track record of paying dividends or, based on the Subadviser's analysis, their potential to increase dividend payments in the future. This strategic choice reflects a commitment to providing investors with potential income alongside opportunities for capital appreciation, emphasizing investments in both common and preferred stocks.
The fund offers a focused portfolio of services aimed at investors interested in dividend-paying equity securities, structured around two main components: