The software group (IGV) had an exceptional year in 2019, finishing the year as the third-strongest performing group of the 26 I track, with several constituents seeing triple-digit returns. One of these companies was Paylocity (PCTY), with the stock tripling the performance of the software group, while putting up an incredible 24% return in Q4 alone. The strong Q4 performance was robust guidance figures for FY 2020, following robust fiscal Q1 2020 results with 26% year-over-year revenue growth. While this revenue growth is expected to continue into Q2, we are likely