CHICAGO, Aug. 23, 2012 /PRNewswire/ -- The Zacks Dividend Strategy has achieved a 6-Star Ranking from PSN Top Guns in the Large Value Universe. This award was given to the top ten performing firms in their peer group for the five-year period ending June 30, 2012.
"We are excited with the success of our Dividend Strategy," said Robert J. Coulton, Managing Director of Zacks Investment Management. "We feel the Zacks Dividend Strategy is an exceptional part of our clients' portfolios and continue to believe that large-cap dividend yielding stocks will benefit as investors seek out alternatives to the low-yielding fixed income market."
The Zacks Dividend Strategy seeks tax efficient total returns from both capital appreciation and dividend payments. Zacks uses a three factor alpha model to manage the strategy. Their model utilizes an analysis on dividend yield, free cash flow, and short interest, which together create a unique strategy that offers a high dividend yield.
PSN, produced by Informa Investment Solutions, is one of the leading investment manager search and evalutation databases to be offered industry wide. PSN tracks more than 1,600 money management firms and over 7,000 investment products. Since 1984, firms included in PSN are the major players of the investment management business. For more information regarding Top Guns List, you can visit www.informais.com
About Zacks Investment Management
Zacks Investment Management is a wholly owned subsidiary of Zacks Investment Research, one of the largest providers of independent equity research in the U.S. We are an expert in the practice of using earnings estimate revisions in the investment process. Client portfolios are managed using a unique combination of Zacks independent research and Zacks quantitative models that have been proven year after year to deliver superior results. Zacks Investment Management is a Register Investment Advisor. For more information please visit www.ZacksWMG.com.
Past Performance is no guarantee of future results. Results for the Zacks Dividend Strategy reflect the reinvestment of dividends and other earnings. Individual results may differ. The results submitted to PSN portray the performance history for a representative managed separate account gross of fees.
This press release is distributed for information purposes only; to notify readers of a PSN ranking. The results submitted to PSN portray the performance history for a representative managed account gross of fees, and do not include the deduction of investment advisory fees. An investor's actual return will be reduced by the advisory fees and any other expense which may be incurred in the management of an investment advisory account. Upon request, Zacks Investment Management will provide gross and net performance information for the Dividend Strategy.
PSN and Informa Investment Solutions have no affiliation with Zacks, but rather evaluate investments managers' performance on an objective basis. Products must have an R-Squared of .80 or greater relative to the style benchmark for the latest five year period ending June 30, 2012. Moreover, products must have returns greater than the style benchmark for the latest three year period ending June 30, 2012. Products are then selected which have a standard deviation for the five year period equal or less than the median standard deviation for the peer group. At this point, the top ten information ratios for the latest five year period ending June 30, 2012 then become 6 STAR TOP GUNS.
Zacks Investment Management is represented by the following individuals:
Andrew Bresnahan – Chicago; Herb Brown – San Francisco, Phil Carter – New York; Richard Delio – Fort Lauderdale; Mark DeProspero – St. Louis; Jay Falini – New Jersey; Brad Gaglione – Connecticut & Rhode Island; Tim Harper – Orlando; Jeffrey Haskin – Chicago; Greg Huffman – Virginia; Alex Insley – Chicago; Michael Jazo – Chicago; Dave Kecskes – Cincinnati; John Kelly – Minneapolis; David Koty – Nashville; Rashid Kourany – Indianapolis; Brian Langenkamp – Chicago; Randy LeClair – North Carolina; Wayne Lockwood – Seattle; Ron Lyke – Detroit; Brad Miksek – Dallas/Fort Worth; Rob Patti – Atlanta; Joe Peck – Washington D.C.; Mark Rafaloff – New York; Paula Sauer – Chicago; Matthew Schaeffer – New York; Casper Terpinski – Houston; Christian Whittemore – Chicago; Larry Zerg – Los Angeles.
Zacks Contact Information:
Robert J. Coulton
SOURCE Zacks Investment Research, Inc.