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FYI: (Click On Article Title At Top Of Google Search) "A Top Dividend Fund's Newest Favorites"
This column has warned on several occasions about the perils of chasing yield. The strategy became increasingly popular this year with bond yields so low, their recent uptick notwithstanding.
In the past decade, however, the SunAmerica Focused Dividend Strategy Portfolio (ticker: FDSAX) has had success investing in undervalued stocks with above-average yields. Its annual return over that stretch, around 10%, bested the Standard & Poor’s 500 index by more than three percentage points, placing the fund at the top of Morningstar’s large-cap value category. The $13.4 billion fund recently reconstituted its holdings, which it does once a year, and the changes offer some ideas for income-seeking investors. Regards, Ted https://www.google.com/#q=a+top+dividend+funds+newest+favorites+barron's
I have owned FDSAX for a good number of years and it is my second largest holding, behind SVAAX, in my domestic equity sleeve, consisting of six funds, found in the growth & income area of my portfolio.
This is a fund that I have been increasing my position in through the years during market pull backs along with most Decembers after it makes it's year ending distributions as it re-positions about a third of it's holdings annually. With this, it usually produces a good capital gain payout each year along with good dividends paid quarterly. You can reference it's capital gain and dividend payout detail through the Morningstar fund report link provided by Ted.
For me, this fund has been a good steady, value seeking, growth and income producer.
Comments
This is a fund that I have been increasing my position in through the years during market pull backs along with most Decembers after it makes it's year ending distributions as it re-positions about a third of it's holdings annually. With this, it usually produces a good capital gain payout each year along with good dividends paid quarterly. You can reference it's capital gain and dividend payout detail through the Morningstar fund report link provided by Ted.
For me, this fund has been a good steady, value seeking, growth and income producer.
Old_Skeet