Highland Funds Asset Management, an investment adviser with nearly $24 billion of assets under management, has rolled out the Highland Dividend Equity Fund. Brookmont Capital Management has been appointed as sub-adviser to the fund.
The product is expected to get the initial seed funding of more than $15 million. It will pick stocks of companies from all 10 economic sectors defined by Standard & Poor’s and use a strategy of individual common stocks that seeks to offer above-average dividend yields with long-term capital gains potential.
Click here for the release from PR Newswire.
Standard & Poor Brookmont Capital Management Highland Funds Asset Management PR Newswire