Top Quality Income Performance

As promised yesterday, last night's post was dedicated to high risk, high profit stocks. Tonight's post is from this week's episode of WeathTrack in which Consuelo Mack talks to Clare Hart of JP Morgan's Equity Income Fund for a more conservative strategy involving investing for income rather than growth. Hope everyone enjoyed the weekend.  

Top Quality Income Performance

October 27, 2022

Dear WEALTHTRACK Subscriber,

Income and quality should always matter, but it’s markets like these when those characteristics really count. 

Historically, since 1930, dividends have contributed about 40% of the S&P 500’s total return. Their input has varied widely from decade to decade, however.  According to a recent Insights Report from the Hartford Funds, dividends played a large role in terms of their contribution to total returns during the 1940s, 1960s, and 1970s, decades in which total returns were lower than 10%. By contrast, dividends played a smaller role during the 1950s, 1980s, 1990s and 2010s when average annual total returns were well into the double digits. 

What sort of a role will dividends play now?

We have a new guest on WEALTHTRACK this week with a long and distinguished track record of investing in high quality, dividend-paying stocks. She is Clare Hart, who Morningstar calls “one of the industry’s most impressive managers.” 

Hart has been the Lead Portfolio Manager of two highly-rated funds since 2004. The flagship, $48 billion JPMorgan Equity Income Fund which emphasizes long-term growth and current income is rated 4-star Gold by Morningstar. The much smaller $3 billion JPMorgan U.S. Value Fund focuses on large cap companies that are leaders in their sectors and carries a 5-star Silver rating. 

Hart will discuss the benefits of focusing on quality and dividends, particularly in a difficult market environment. In our exclusive EXTRA feature, she will share her personal recharging strategy amidst the pressures of running two top performing funds.

If you miss the show on public television, you can watch it on our website over the weekend, along with our past programs and our guests’ One Investment recommendations.  You can also find the WEALTHTRACK podcast on Stitcher and SoundCloud as well as iTunes and Spotify.

Have a lovely weekend, and make the week ahead a healthy, profitable and productive one!

Best regards,

Consuelo