News & Our Thinking

The fourth quarter marked the conclusion of an extraordinary two-year rally for U.S. equities, with the S&P 500 achieving consecutive annual gains of over 20%. During 2024, all of Argent’s strategies delivered double-digit returns, with Dividend Select, SMID Cap, and Focused Small Cap outperforming their benchmarks net of fees. While Large Cap and Mid Cap trailed their respective benchmarks, they continued to generate strong absolute returns.

Over the long term, all Argent strategies have delivered benchmark-beating performance net of fees since inception. Looking ahead, we remain focused on building on this foundation to deliver the consistent, enduring results our clients have come to expect from us.

Large Cap Attribution

S&P 500

Russell 1000 Growth

Dividend Select Attribution

Russell 1000 Value

Mid Cap Attribution

Russell Midcap

SMID Cap Attribution

Russell 2500

Focused Small Cap Attribution

Russell 2000

Disclaimers
Views expressed herein represent the opinion of the portfolio manager as of the date above and are subject to change. The information provided in this report should not be considered a recommendation to purchase or sell any particular security. You should not assume that investments in any securities within these sectors were or will be profitable. A list of stocks recommended by Argent in the past year is available upon request.
 
Performance returns cited represent past performance, which does not guarantee future results. Returns assume reinvestment of dividend and interest but returns do not reflect the effect of taxes and/or fees that an investment would incur. Please click on the individual attribution report for additional performance details and disclaimers.