Global Equity Income

Focus on Income with Downside Capture, Lower Long-Term Volatility

KEY CHARACTERISTICS & MATERIALS



OVERVIEW

Our team believes that:

  • Constructing a portfolio of stocks with lower beta and above-average dividends to help improve long-term downside capture.
  • Seeking high-quality, durable franchises with sustainable income and cash-flow stream visibility, helps provide excess yield relative to MSCI All Country World Index.
  • Constructing portfolios based on conviction level, risk/reward analysis, balance & diversification requirements and ESG considerations, helps create an overall strategy with lower beta and higher yield relative to the Index.

 




    CHARACTERISTICS

Composite Inception: 1/31/07
Strategy AUM: $1.0 Billion as of 3/31/20
Benchmark: MSCI All Country World (Net)
No. of Holdings: Typically 50-70
Dividend Yield: > MSCI ACWI Index
Turnover Range: 20% - 35%
Available Vehicles:









TEAM



Warren Koontz, Jr., CFA

Warren Koontz, Jr., CFA

Managing Director

Warren Koontz, Jr., CFA

Managing Director

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Shaun Hong, CFA

Shaun Hong, CFA

Managing Director

Shaun Hong, CFA

Managing Director

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Ubong

Ubong "Bobby" Edemeka

Managing Director

Ubong "Bobby" Edemeka

Managing Director

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Our Global Equity Income team consists of three portfolio managers and 12 dedicated research analysts, in what is a highly collaborative process between the portfolio managers and analysts. The team is further supported by the sharing of intellectual capital and expertise from Jennison’s broader research platform.






PERFORMANCE DATA


As of March 31, 2020Qtr1 Year3 Year5 Year10 YearSince Inception
Global Equity Income - Gross-22.0-13.70.81.27.75.8
Global Equity Income - Net*-22.1-14.30.10.56.95.1
MSCI All Country World Index (Net)-21.4-11.31.52.85.93.5


* Net of fees performance shown reflects the deduction of a model fee.
Source: Jennison/MSCI. Source for MSCI All Country World Index data: MSCI. Past performance does not guarantee future results. Performance results are calculated in US dollars and reflect reinvestment of dividends and other earnings. Inception of Global Equity income Composite: 1/31/07. Periods greater than one year are annualized. Please refer to the GIPS presentation for additional details, important performance information and disclosures.

 



This website is intended for Institutional and Professional Investors only. All investments involve risk, including the possible loss of capital.

Important Disclosures

Jennison Associates is a registered investment advisor and a Prudential Financial company. Jennison Associates LLC has not been licensed or registered to provide investment services in any jurisdiction outside the United States. Certain investment vehicles are distributed or offered through Prudential Investment Management Services LLC (also a Prudential Financial Company) or other affiliated entities. Additionally, vehicles may not be registered or available for investment in all jurisdictions.

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Your investment objectives, risk tolerance, and liquidity needs must be reviewed before suitable programs can be recommended. Asset allocation and diversification strategies do not assure a profit or protect against loss in declining markets. Investors should consult with their attorney, accountant, and/or tax professional for advice concerning their particular situation.

Please remember that there are inherent risks involved with investing in the markets, and your investments may be worth more or less than your initial investment upon redemption. There is no guarantee that the investment managers’ objectives will be achieved. Further, there is no assurance that any strategies, methods, sectors, or any investment programs herein were or will prove to be profitable, or that any investment recommendations or decisions we make in the future will be profitable for any investor or client. Professional money management is not suitable for all investors.

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