Portfolio Characteristics as of 12/31/2024
| Equity Income | |
|---|---|
| Dividend Yield - Weighted Average (Gross of fees) | 3.1% |
| Number of Securities | 25 |
| Net Debt to Total Capital - Weighted Average | 41.6% |
| ROE - Median 5 Year Average | 24.0% |
| Dividend Growth Rate - 3 Year Average* | 8.9% |
| Market Capitalization - Median | $62 Billlion |
| Market Capitalization - Weighted Average | $186 Billion |
| Beta** | 0.69 |
*The average dividend growth rate for the last 3 years of all companies in the portfolio as of 12/31/2024 with a 3-year track record.
**Trailing 12-month Beta of Equity Only Composite relative to the S&P 500 Index.
Top Ten Holdings as of 12/31/2024
| Holding |
|---|
| Broadcom Inc. |
| Public Service Enterprise Group, Inc. |
| Ares Management Corporation |
| Morgan Stanley |
| AbbVie Inc. |
| Holding |
|---|
| Old Republic International Corporation |
| CME Group Inc. Class A |
| Cummins Inc. |
| Paychex, Inc. |
| Snap-on Incorporated |
Sector Breakdown* as of 12/31/2024
| % of Total | |
|---|---|
| Financials | 18 |
| Industrials | 17 |
| Consumer Staples | 13 |
| Real Estate | 11 |
| Information Technology | 11 |
| Healthcare | 8 |
| Energy | 7 |
| Consumer Discretionary | 7 |
| Utilities | 5 |
| Cash | 2 |
Total
100%
*Sector breakdown as defined by Hamlin’s Investment Committee.
Market Cap Exposure as of 12/31/2024
| Equity Income | Companies | |
|---|---|---|
| Greater than $100 billion | 39.9 | 9 |
| $50 billion - $100 billion | 22.3 | 6 |
| $10 billion - $50 billion | 31.6 | 8 |
| $5 billion - $10 billion | 6.2 | 2 |
| $0 - $5 billion | 0.0 | 0 |
Total
100%
25