Quarterly Attribution Commentaries
During the second quarter, investment leadership moved away from more economically sensitive stocks and sectors into many of the organic growth companies that led the market in the recent past. The backdrop to that rotation revolved around whether the U.S. economy was nearing peak growth after coming out of the COVID-19 driven recession, and whether the inflation seen in the economy was indeed transitory in nature.
Throughout the quarter, Argent continued to selectively upgrade its portfolios with companies that exhibit strong cash flows, sturdy balance sheets and above-average returns on capital. Please see our attribution commentaries below for more detail.
Mid Cap Attribution
Dividend Select Attribution
Small Cap Core Attribution
Large Cap Growth Attribution
