The L2 Large Cap Dividend & Income strategy is an actively managed portfolio that applies an evidence-based fundamental process to exploit market inefficiencies. As discussed in our recent quarterly commentaries, a reprise of the dot.com bubble is underway via the AI mania and investors have forgotten the basics.
Fortunately, as our research has shown, healthy dividend paying stocks are actually the “prime rib” of the equity investing universe over the long haul. Paying modest prices for quality companies that send you cash to own them has been one of the most reliable ways to beat the markets.1,2 Yet the performance of the benchmark Russell 1000 Value ETF thus far in 2025 is a healthy reminder of the importance of diversification and sticking to the plan laid out by your Financial Advisor.
As usual, this rebalance finds us moving capital from solid companies at reasonable valuations to some of the most stable blue-chips in the market at incredible discounts to markets
L2 Dividend & Income Trade Commentary – November Q4 2025
Table of contents
When
November 1, 2025
Who
Matthew Malgari
Dr. Sanjeev Bhojraj
Nathan Przybylo
ASSET CLASS COMMENTS:
The L2 Large Cap Dividend & Income strategy is an actively managed portfolio that applies an evidence-based fundamental process to exploit market inefficiencies. As discussed in our recent quarterly commentaries, a reprise of the dot.com bubble is underway via the AI mania and investors have forgotten the basics.
Fortunately, as our research has shown, healthy dividend paying stocks are actually the “prime rib” of the equity investing universe over the long haul. Paying modest prices for quality companies that send you cash to own them has been one of the most reliable ways to beat the markets.1,2 Yet the performance of the benchmark Russell 1000 Value ETF thus far in 2025 is a healthy reminder of the importance of diversification and sticking to the plan laid out by your Financial Advisor.
As usual, this rebalance finds us moving capital from solid companies at reasonable valuations to some of the most stable blue-chips in the market at incredible discounts to markets