Dana Investment Advisors U.S. Large-Cap Core Strategy has a strong and consistent track record, having topped its benchmark in 14 out of the past 18 years.
While the Dana team likes growth and even seeks it out, “we just don’t want to overpay for it,” according to Duane Roberts, director of equities and portfolio manager of Waukesha, Wisconsin-based Dana.
The team aims to derive excess returns from its stock selection and “eliminates many of the other sources” for overperformance, he points out. The strategy also stays fully invested all the time.
The strategy has had good consistency across sectors, he adds, and consistency over time: “We use the baseball analogy — we want to hit lots of singles and doubles, and we’re not swinging for the fences with home runs.”