PFM: A Dividend-Focused Fund That Is Light On Dividends And Growth

Group 1 - Many large-cap companies are reducing dividends and opting to reinvest profits into capital expenditures or stock buybacks [1] - The financial market is viewed as efficient, with most stocks reflecting their true current value [1] - The best investment opportunities are often found in stocks that are less followed by average investors or those that do not accurately reflect market opportunities [1]