DAY HAGAN LOGIX TACTICAL DIVIDEND STRATEGY UPDATE: MAY 2, 2019

DAY HAGAN LOGIX TACTICAL DIVIDEND STRATEGY UPDATE: MAY 2, 2019

The significant cash holding currently in the DHLTD portfolio reflects what our objective, “weight-of-the-evidence” approach is telling us: our overall eligible universe of industries and equities is meaningfully overvalued, and while we believe our invested portfolio has compelling risk-return characteristics, not enough stocks meet our stringent criteria for purchase.