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ELV - Invesco Diversified Dividend Fund Q4 2024 Commentary
Elevance Health Inc Com
2025-02-11 11:44:00 ET
Summary
The fund outperformed the Russell 1000 Value Index primarily due to strong stock selection in information technology (IT), while health care, particularly managed health care and pharmaceuticals, detracted.
The fund is balanced across sectors and industries, with a focus on long-term growth areas and companies with sustainable free cash flow and healthy balance sheets, which results in an overall quality bias and defensive characteristics.
In an environment characterized by high uncertainty and the possibility of more muted or even negative returns, we believe investors will place greater emphasis on companies with stable dividends.
