The Day Hagan Logix Tactical Dividend strategy is focused on achieving Capital Appreciation, Risk Management, and Cash Flow from Dividends.
The proprietary dividend strategy utilizes dividend yield as an objective valuation measure.
Identify Attractive Industries
The proprietary process begins by screening the Russell 3000 for companies with a 10-year history of uncut dividends, balance sheet sustainability, cash flow generation and fundamental soundness.
Typically, approximately 400 names emerge for the next stage of analysis.
The screened group of buy candidates are then re-classified into proprietary industry groups based on business lines and revenue sources.
Once the industry groups are defined, there must be a minimum of four candidates within an industry for that industry (and the underlying names) to be included in the next stage of analysis.
Further, the newly formed industry’s composite dividend yield must be near the high yield buy threshold that we have calculated for each industry.
Industries passing the evaluation are defined as potentially being at or near the lows of their current price cycles — and the companies within these industries are considered buy candidate finalists.
We believe it is vitally important to only invest in those industries with a broad-based, large number of attractively rated constituents. Our view is that historically, this has proven to reveal industries benefiting from a broader-based positive fundamental change in that industry’s operating environment. Within the portfolio, assets and position sizes are allocated based on a weight-of-the-evidence approach, while tactical changes in the portfolio are made to reflect prevailing financial conditions within industries and sectors. When suitable buy candidates are not available, cash is utilized as a defensive measure.
Furthermore, the strategy employs a multifaceted sell discipline which includes the ongoing evaluation of fundamental and technical measures.
Initial Non-qualified Account:
Gemini Fund Services, LLC
Day Hagan Logix Tactical Dividend Fund
17605 Wright St, Ste 2
Omaha, NE 68130