Dividend funds are starting to capture the spotlight in the new year. Such funds typically target stocks that pay very high dividends or buy and hold stocks with steadily growing payouts, even if they are humble.
According to Morningstar, dividend funds have landed in the mainstream conversation, attracting at least three feature articles in January alone. The firm pointed to data that suggests dividend funds are in increasing demand among shareholders. It noted that the Vanguard Total Stock Market Index plunged 19.6% in 2022, and non-dividend equity funds generated similar lackluster returns.
Q4 2022 hedge fund letters, conferences and more
However, dividend funds generally protected capital in 2023,...
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