While equity markets continued to post gains through the third quarter, the leadership came from lower-quality and more speculative companies. This environment has been challenging for active managers like Argent, who remain focused on quality and long-term fundamentals.
Over our 27-year history, remaining true to our investment philosophy of investing in companies with strong cash flow growth, disciplined capital allocation, and sustainable competitive advantages has helped position us for durable success.
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.
