MutualFundWire.com
The insiders' edge for 40 Act industry executives!
an InvestmentWires' Publication
an InvestmentWires' Publication
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MutualFundWire.com
The insiders' edge for 40 Act industry executives!
an InvestmentWires' Publication |
|
Friday, August 3, 2012 PM Don Taylor Goes Slow Don Taylor, the man calling the shots for Franklin Rising Dividends mutual fund, told the AP that his fund prefers the patient approach to stock picking. Taylor said the firm is "trying to find good companies, and sticking with them unless they get too expensive." Taylor, who co-manages the fund with three others, says that before picking a stock, they run it through five screens. The PM says he also focuses on characteristics of the business to find stocks that would increase their dividends. "I’m not focused on beating a benchmark on a quarterly basis, as long as the underlying growth prospects are there," he said. One of the fund's biggest holdings is IBM, but the firm does not own a lot of tech stocks. Taylor said this is because the stocks are in "in industries that are too cyclical, or they have some other issues that I’m not particularly comfortable with." Printed from: MFWire.com/story.asp?s=40833 Copyright 2012, InvestmentWires, Inc. All Rights Reserved |