Hamlin Capital Management LLC, is a New York based asset manager whose mission is to preserve and grow client wealth.
The Hamlin High Dividend Equity UCITS Fund seeks high current income and long-term capital appreciation. The fund’s managers seek to identify and invest in dividend-paying equity securities of companies that in their opinion are undervalued in the market.
The investment objective of the Fund is to achieve a high level of current income and long-term capital appreciation. Hamlin believe that a healthy and consistent dividend policy enhances investor total return, endorses historic accounting statements, and acts as an effective governor on capital allocation. Additionally academic research shows that dividend stocks have historically outperformed the market with lower volatility. Accordingly, the Fund focuses on stocks with dividend yields 1.5x that of the S&P 500 index yield. Within this high income universe, Hamlin searches for companies with manageable debt, ample free cash flow and attractive returns on equity. While the strong balance sheet and dividend discipline generates mostly large company holdings, the Fund invests in all capitalisations.