U.S. large-cap equity
| Product |
1Q return |
1-year return |
3-year return |
5-year return |
5-year std dev |
5-year Sharpe ratio |
Assets ($M) |
Manager |
Location |
| Reaves Asset Management – Long Term Value (Utility/Energy Infrastructure) |
7.13% |
15.79% |
12.00% |
18.65% |
13.61% |
1.36 |
$1,156.4 |
Team |
Jersey City, N.J. |
| Snow Capital Management – Large Cap Value* |
6.27% |
32.17% |
16.18% |
25.45% |
23.02% |
1.1 |
$402.0 |
Team |
Sewickley, Pa. |
| Matrix Asset Advisors Inc. – Large Cap Relative Value |
4.75% |
31.36% |
11.06% |
20.07% |
21.69% |
0.92 |
$815.2 |
Team |
New York |
| Hellman Jordan Management Co., Inc. – Hellman Jordan Opportunistic Growth Strategy |
4.63% |
27.62% |
14.22% |
23.55% |
21.04% |
1.11 |
$515.0 |
Team |
Boston |
| Equity Investment Corp. – Large Cap Value |
4.52% |
17.73% |
14.81% |
20.90% |
12.98% |
1.6 |
$461.9 |
Team |
Atlanta |
| Mount Lucas Management Corp. – MLM Focused Equity |
4.40% |
29.60% |
15.28% |
26.46% |
21.78% |
1.21 |
$318.2 |
Team |
Newtown, Pa. |
| Federated Investors Inc. – Strategic Value Dividend |
4.29% |
15.71% |
14.97% |
18.96% |
10.38% |
1.81 |
$13,198.6 |
Team |
Pittsburgh |
| Argent Capital Management – Large Cap Equity |
4.27% |
25.55% |
16.91% |
22.95% |
18.39% |
1.24 |
$2,351.4 |
Team |
St. Louis |
| Dana Investment Advisors Inc. – Socially Responsible Equity |
4.24% |
28.38% |
15.88% |
22.07% |
15.77% |
1.39 |
$252.2 |
Team |
Brookfield, Wis. |
| BRC Investment Management- Large Cap Concentrated Equity |
4.05% |
23.98% |
16.55% |
21.92% |
17.75% |
1.23 |
$437.6 |
Team |
Greenwood Village, Colo. |
| Capstone Asset Management Co. – Theta Growth (Covered Call) |
3.94% |
17.18% |
11.27% |
15.70% |
12.79% |
1.22 |
$216.1 |
Team |
Houston |
| Raub Brock Capital Management – Raub Brock Dividend Growth Portfolio |
3.83% |
20.17% |
16.61% |
22.61% |
13.50% |
1.67 |
$456.0 |
Team |
Larkspur, Calif. |
| Dana Investment Advisors Inc. – Large Cap Equity |
3.78% |
24.25% |
15.61% |
21.56% |
15.93% |
1.35 |
$1,603.8 |
Team |
Brookfield, Wis. |
| Cohen & Steers Capital Management – Large Cap Value Strategy |
3.73% |
23.67% |
14.77% |
19.00% |
15.50% |
1.22 |
$2,890.4 |
Richard Helm |
New York |
| Manning & Napier Advisors – U.S. Core Equity* |
3.67% |
24.38% |
12.81% |
20.81% |
18.46% |
1.12 |
$3,460.5 |
Team |
Fairport, N.Y. |
| S&P 500 |
1.80% |
21.86% |
14.66% |
21.16% |
16.07% |
1.31 |
|
|
|
U.S. midcap equity
| Product |
1Q return |
1-year return |
3-year return |
5-year return |
5-year std dev |
5-year Sharpe ratio |
Assets ($M) |
Manager |
Location |
| Kennedy Capital Management – Mid Cap Value |
6.86% |
25.39% |
14.51% |
24.72% |
18.58% |
1.32 |
$214.1 |
Frank Latuda Jr. |
St. Louis |
| Bennett Lawrence Management – Mid Cap Growth Equity* |
6.21% |
28.05% |
13.50% |
23.39% |
21.25% |
1.1 |
$346.3 |
Team |
New York |
| Miller Howard Investments Inc. – Utilities + Infrastructure |
5.42% |
20.43% |
11.51% |
19.72% |
15.31% |
1.28 |
$211.6 |
Team |
Woodstock, N.Y. |
| Fairpointe Capital – Fairpointe Capital Mid Cap Core |
5.16% |
32.98% |
17.81% |
31.14% |
22.94% |
1.35 |
$7,620.2 |
Team |
Chicago |
| Advisory Research – Advisory Research Master Limited Partnerships |
4.43% |
13.69% |
14.97% |
29.28% |
15.58% |
1.87 |
$4,233.8 |
Team |
Chicago |
| J.P. Morgan Asset Management – Mid Cap Growth |
4.43% |
32.83% |
14.25% |
24.27% |
19.94% |
1.21 |
$5,439.5 |
Timothy Parton |
New York |
| HGK Asset Management Inc. – Mid Cap Value |
4.21% |
22.94% |
12.93% |
24.69% |
18.96% |
1.3 |
$455.6 |
Paul Carlson |
Jersey City, N.J. |
| Earnest Partners – Mid Cap Value |
4.18% |
25.25% |
12.60% |
24.14% |
19.48% |
1.23 |
$831.0 |
Paul Viera |
Atlanta |
| TCW Investment Management Co. – TCW Value Opportunities (Mid-Cap Value) |
4.10% |
26.01% |
15.58% |
24.04% |
20.61% |
1.16 |
$317.7 |
Diane Jaffee |
Los Angeles |
| Earnest Partners – Mid Cap Core |
4.03% |
23.17% |
13.43% |
25.11% |
18.97% |
1.32 |
$1,071.0 |
Paul Viera |
Atlanta |
| The Boston Company Asset Management – US Mid Cap Opportunistic Value |
4.02% |
29.12% |
15.46% |
28.40% |
22.89% |
1.24 |
$6,737.1 |
David A. Daglio |
Boston |
| Robeco Investment Management Inc. – BP Mid Cap Value Equity |
4.00% |
30.07% |
17.66% |
27.85% |
19.55% |
1.42 |
$11,771.3 |
Team |
New York |
| Denver Investment Advisors (Westcore) – Concentrated Mid Cap Growth |
3.67% |
34.13% |
4.32% |
20.59% |
24.29% |
0.84 |
$123.5 |
Mitch Begun |
Denver CO |
| Ceredex Value Advisors – Mid Cap Value |
3.64% |
23.33% |
13.79% |
26.32% |
21.80% |
1.2 |
$4,718.0 |
Donald A. Wordell |
Orlando, Fla. |
| Thompson Siegel & Walmsley – TSW Mid Cap Value SMA |
3.46% |
25.99% |
17.34% |
22.92% |
15.63% |
1.46 |
$361.2 |
Brett P. Hawkins |
Richmond, Va. |
| Russell Midcap |
3.53% |
23.51% |
14.39% |
25.55% |
19.09% |
1.33 |
|
|
|
U.S. small cap equity
| Product |
1Q return |
1-year return |
3-year return |
5-year return |
5-year std dev |
5-year Sharpe ratio |
Assets ($M) |
Manager |
Location |
| Fox Asset Management – Small Cap Value Equity |
4.45% |
24.90% |
14.19% |
23.23% |
18.16% |
1.27 |
$363.3 |
Team |
Red Bank, N.J. |
| Tributary Capital Management – Small Cap Equity |
3.61% |
25.67% |
13.84% |
26.15% |
19.60% |
1.33 |
$388.9 |
Team |
Omaha, Neb. |
| Reinhart Partners Inc. – Small Cap Opportunity |
3.48% |
26.11% |
13.94% |
23.31% |
20.41% |
1.14 |
$111.4 |
Team |
Mequon, Wis. |
| Delaware Investments – Small Cap Value |
3.11% |
22.75% |
13.74% |
26.03% |
19.09% |
1.36 |
$3,969.3 |
Team |
Philadelphia, Pa. |
| SouthernSun Asset Management – Small Cap |
2.85% |
27.98% |
18.57% |
36.16% |
24.35% |
1.48 |
$3,038.5 |
Michael W. Cook Sr. |
Memphis, Tenn. |
| Netols Asset Management – Small Cap Value |
2.68% |
26.45% |
12.69% |
22.64% |
21.51% |
1.05 |
$1,092.8 |
Jeffrey W. Netols |
Mequon, Wis. |
| Dalton, Greiner, Hartman, Maher & Co. – DGHM V2000 SmallCap Value |
2.58% |
24.44% |
14.12% |
23.98% |
17.97% |
1.33 |
$681.6 |
Team |
New York |
| The Boston Company Asset Management- Small Cap Growth |
2.58% |
36.30% |
15.75% |
23.75% |
18.66% |
1.27 |
$426.3 |
Todd Wakefield |
Boston |
| Morgan Dempsey Capital Management – Small Cap Value – Institutional |
2.41% |
28.20% |
13.70% |
22.99% |
16.08% |
1.42 |
$469.0 |
Team |
Milwaukee, Wis. |
| Chartwell Investment Partners – Small Cap Value |
2.26% |
25.26% |
15.86% |
27.06% |
18.74% |
1.44 |
$1,256.6 |
Team |
Berwyn, Pa. |
| GW Capital Inc. – Small Cap Equity |
2.13% |
17.69% |
11.45% |
26.19% |
23.24% |
1.12 |
$1,360.1 |
Team |
Bellevue, Wash. |
| Dalton Greine Hartma Maher & Co. – Micro Capitalization |
2.00% |
27.25% |
18.14% |
23.43% |
15.86% |
1.47 |
$102.5 |
Team |
New York |
| Investment Counselors of Maryland – Small Cap Equity |
1.75% |
24.51% |
14.02% |
26.03% |
22.35% |
1.16 |
$2,332.6 |
Team |
Baltimore |
| Earnest Partners – Small Cap Value |
1.73% |
24.87% |
14.34% |
24.39% |
18.87% |
1.29 |
$3,412.0 |
Paul Viera |
Atlanta |
| Cambiar Investors – Small Cap Value |
1.58% |
26.44% |
13.21% |
28.39% |
22.91% |
1.23 |
$2,742.2 |
Team |
Denver |
| Russell 2000 |
1.12% |
24.90% |
13.18% |
24.31% |
20.35% |
1.19 |
|
|
|
International, global, emerging-markets equity
| Product |
1Q return |
1-year return |
3-year return |
5-year return |
5-year std dev |
5-year Sharpe ratio |
Assets ($M) |
Manager |
Location |
| Brandes Investment Partners – European Equity |
7.88% |
39.96% |
11.96% |
21.14% |
24.97% |
0.84 |
$372.0 |
Team |
San Diego |
| Federated Investors Inc. – International Strategic Value Dividend |
4.33% |
14.07% |
10.56% |
16.55% |
15.83% |
1.04 |
$769.6 |
Team |
Pittsburgh |
| Aristotle Capital Management – Value Equity |
4.20% |
22.73% |
15.15% |
22.84% |
16.64% |
1.37 |
$5,682.8 |
Howard Gleicher |
Los Angeles |
| Delaware Investments – International Equity ADR |
3.68% |
21.58% |
8.93% |
14.79% |
16.45% |
0.89 |
$3,764.6 |
Team |
Philadelphia |
| Good Harbor Financial – Tactical Equity Income |
3.35% |
0.67% |
3.81% |
29.19% |
35.36% |
0.82 |
$243.8 |
Jeffrey Kim |
Chicago |
| Causeway Capital Management – Global Value Equity |
3.05% |
28.93% |
13.47% |
25.91% |
21.85% |
1.18 |
$3,720.5 |
Team |
Los Angeles |
| Brandes Investment Partners – Global Equity |
3.04% |
25.67% |
11.62% |
18.11% |
17.01% |
1.06 |
$8,702.0 |
Team |
San Diego |
| Franklin Templeton Investments – Templeton Global Equity SMA |
2.94% |
27.90% |
12.13% |
18.08% |
18.67% |
0.96 |
$104.7 |
Team |
San Mateo |
| Brandes Investment Partners – International Equity |
2.70% |
25.68% |
8.43% |
15.18% |
18.79% |
0.8 |
$11,302.0 |
Team |
San Diego |
| AllianceBernstein – Global Value Equity ADR* |
2.66% |
30.18% |
10.19% |
18.41% |
21.44% |
0.85 |
$2,950.9 |
Sharon Fay |
New York |
| del Rey Global Investors – International Equity |
2.63% |
17.28% |
2.17% |
10.93% |
16.69% |
0.65 |
$407.4 |
Paul Hechmer |
Los Angeles |
| O’Shaughnessy Asset Management – Enhanced Dividend |
2.41% |
15.68% |
8.48% |
22.22% |
20.29% |
1.09 |
$1,084.6 |
Team |
Stamford, Conn. |
| Legg Mason Inc. – Legg Mason MDA4 Global Multi Cap Growth |
2.24% |
26.12% |
15.87% |
23.12% |
18.84% |
1.22 |
$116.1 |
Team |
Baltimore |
| WHV Investment Management – WHV International Equity |
2.22% |
12.65% |
2.46% |
17.59% |
24.28% |
0.72 |
$9,465.8 |
Team |
San Francisco |
| Legg Mason, Inc. – Legg Mason MDA 7A Global All Cap |
2.06% |
24.23% |
14.51% |
22.21% |
18.97% |
1.16 |
$229.9 |
Team |
Baltimore |
| Russell Developed ex North America Large Cap |
1.11% |
18.81% |
7.50% |
16.63% |
21.00% |
0.79 |
|
|
|
| Russell Developed Large Cap |
1.59% |
19.86% |
10.49% |
18.87% |
18.20% |
1.03 |
|
|
|
| Russell Emerging Markets Large Cap |
-0.82% |
-0.19% |
-2.52% |
15.32% |
24.75% |
0.61 |
|
|
|
U.S. fixed income
| Product |
1Q return |
1-year return |
3-year return |
5-year return |
5-year std dev |
5-year Sharpe ratio |
Assets ($M) |
Manager |
Location |
| Principal Global Investors – Spectrum Preferred Securities |
7.87% |
0.53% |
6.55% |
17.74% |
16.72% |
1.05 |
$13,632.9 |
Team |
Des Moines, Iowa |
| The Roosevelt Investment Group – Current Income Portfolio* |
3.63% |
1.67% |
4.94% |
7.66% |
4.59% |
1.64 |
$182.6 |
Team |
New York |
| First Western Capital Management – High Yield Fixed Income |
3.45% |
8.03% |
9.68% |
15.90% |
7.76% |
2.03 |
$305.1 |
Steven S. Michaels |
Los Angeles |
| Cincinnati Asset Management – High Yield |
3.42% |
5.52% |
7.23% |
13.85% |
8.72% |
1.57 |
$728.6 |
Team Approach |
Cincinnati, Ohio |
| Seix Investment Advisors – Corporate |
3.40% |
1.04% |
6.05% |
9.28% |
6.04% |
1.52 |
$1,031.8 |
Team |
Upper Saddle River, N.J. |
| Cincinnati Asset Management – Broad Market |
3.36% |
2.51% |
6.73% |
10.57% |
5.74% |
1.82 |
$526.3 |
Team |
Cincinnati |
| Cumberland Advisors – Taxable Fixed Income |
3.36% |
-0.49% |
6.38% |
7.33% |
5.33% |
1.35 |
$235.8 |
Team |
Sarasota, Fla. |
| Pacific Income Advisers – U.S. High Yield |
3.31% |
8.97% |
9.44% |
17.17% |
8.86% |
1.92 |
$586.0 |
Team |
Santa Monica, Calif. |
| Cincinnati Asset Management – Investment Grade Fixed Income |
3.22% |
0.99% |
6.51% |
9.02% |
5.34% |
1.67 |
$1,101.4 |
Team |
Cincinnati |
| GW&K Investment Management – Corporate Bond Opportunities Strategy |
3.13% |
6.15% |
8.41% |
13.44% |
6.41% |
2.08 |
$187.6 |
Team |
Boston |
| Shenkman Capital Management Inc. – High Yield Bond Strategy |
2.95% |
7.16% |
7.87% |
12.33% |
6.14% |
1.99 |
$17,067.3 |
Team |
New York |
| GW&K Investment Management – Enhanced Core Bond Strategy |
2.86% |
3.09% |
6.50% |
8.83% |
3.84% |
2.27 |
$626.0 |
Team |
Boston |
| GW&K Investment Management – Total Return Bond Strategy |
2.86% |
4.52% |
7.33% |
10.25% |
4.28% |
2.37 |
$695.5 |
Team |
Boston |
| Barclays Aggregate |
1.84% |
-0.09% |
3.75% |
4.80% |
3.22% |
1.45 |
|
|
|
U.S. municipals
| Product |
1Q return |
1-year return |
3-year return |
5-year return |
5-year std dev |
5-year Sharpe ratio |
Assets ($M) |
Manager |
Location |
| GW&K Investment Management – Municipal Enhanced Yield Strategy |
5.37% |
-0.59% |
8.29% |
8.16% |
8.02% |
1 |
$100.2 |
Team |
Boston |
| Nuveen Asset Management – Long Municipal Bond |
4.56% |
0.02% |
7.18% |
6.47% |
6.68% |
0.95 |
$46,435.8 |
Team |
Chicago |
| Eaton Vance – Long Municipal Bonds |
4.43% |
1.54% |
7.34% |
6.47% |
6.38% |
1 |
$10,725.1 |
James H. Evans |
Boston |
| Wasmer Schroeder & Co. Inc. – Strategic Tax Exempt Fixed Income |
4.34% |
0.76% |
7.98% |
7.05% |
5.92% |
1.17 |
$227.1 |
Team |
Naples, Fla. |
| Lord, Abbett & Co. – Long Municipal MA |
4.21% |
-0.91% |
7.21% |
6.28% |
6.72% |
0.92 |
$4,016.7 |
Daniel S. Solender |
Jersey City, N.J. |
| Sit Investment Associates Inc. – U.S. Tax Exempt Fixed Income Intermediate |
4.10% |
0.82% |
6.63% |
7.65% |
5.29% |
1.42 |
$620.3 |
Michael C. Brilley |
Minneapolis |
| Cumberland Advisors – Tax-Free Municipal Fixed Income |
3.75% |
1.03% |
5.83% |
5.42% |
4.82% |
1.1 |
$662.0 |
Team |
Sarasota, Fla. |
| Sage Advisory Services – Core Municipal Fixed Income |
3.23% |
0.44% |
5.60% |
5.14% |
4.57% |
1.1 |
$159.4 |
Team |
Austin, Texas |
| BlackRock – Long-Term Municipal Fixed Income |
2.98% |
0.35% |
5.96% |
5.43% |
5.24% |
1.01 |
$1,217.3 |
Team |
Wilmington, Del. |
| AllianceBernstein – Tax Aware Fixed Income (MA)* |
2.92% |
0.01% |
5.72% |
6.56% |
4.38% |
1.47 |
$905.6 |
|
New York |
| Eaton Vance – TABS Intermediate Maturity |
2.68% |
-0.22% |
5.03% |
5.25% |
4.63% |
1.11 |
$2,511.0 |
Team |
Boston |
| GW&K Investment Management – Municipal Bond Strategy |
2.65% |
0.56% |
6.06% |
6.20% |
5.33% |
1.14 |
$11,525.6 |
Team |
Boston |
| Lord Abbett & Co. LLC – Intermediate Municipal MA |
2.57% |
0.10% |
5.26% |
5.09% |
4.70% |
1.06 |
$1,826.5 |
Daniel S. Solender |
Jersey City, N.J. |
| Thornburg Investment Management Inc. – Thornburg Intermediate Term Municipal* |
2.49% |
1.51% |
6.01% |
6.14% |
4.06% |
1.48 |
$1,615.1 |
Team |
Santa Fe, N.M. |
| McDonnell Investment Management – Medium Duration Municipal Bond |
2.43% |
0.30% |
5.34% |
5.07% |
4.74% |
1.04 |
$4,993.0 |
Team |
Oak Brook, Ill. |
| Barclays Municipal Bond |
3.32% |
0.38% |
5.79% |
5.71% |
4.96% |
1.13 |
|
|
|
*Preliminary. The separately managed account products listed in these tables generated the highest performance for the quarter ended March 31. Rankings are based on performance reported to the PrimaGuide research application by April 25.. In case of ties, products are listed alphabetically. Past performance is not guarantee of future results, and advisers should rely on additional factors when determining whether to include SMAs in their client portfolios. The PrimaGuide SMA universe isn’t intended to be all-inclusive but rather represents a diversified group of products that are available to, and suitable for, the affluent retail investor.
Source: Envestnet
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