Group 1 - Brown Advisory Mid-Cap Growth Strategy underperformed its benchmark, the Russell Midcap® Growth Index, which increased approximately 3% in Q3 2025 [1] - The investor letter highlighted Parsons Corporation (NYSE:PSN) as a key stock, which experienced a one-month return of -25.87% and a 52-week loss of 36.72% [2] - Parsons Corporation derives 55% of its revenue from the U.S. federal government and is positioned for growth in areas such as FAA, missile defense, cybersecurity, and transportation, with expected mid-teens EBITDA growth [3] Group 2 - Parsons Corporation was held by 31 hedge fund portfolios at the end of Q3 2025, down from 40 in the previous quarter, indicating a decrease in popularity among hedge funds [4] - The company is not considered among the 30 most popular stocks among hedge funds, with some analysts suggesting that certain AI stocks may offer greater upside potential [4] - Parsons Corporation was mentioned in a list of worst-performing stocks in early December, reflecting ongoing challenges in its stock performance [5]

Group 1: Stock Highlights - West Bancorporation, Inc. (WTBA) has seen a 7.4% increase in the Zacks Consensus Estimate for its current year earnings over the last 60 days and offers a dividend yield of 4.2%, surpassing the industry average of 2.7% [1] - Phillips 66 (PSX) has experienced a 15.7% increase in the Zacks Consensus Estimate for its current year earnings over the last 60 days, with a dividend yield of 3.6%, also above the industry average of 2.7% [2] - Invesco Ltd. (IVZ) has had a 6.6% increase in the Zacks Consensus Estimate for its current year earnings over the last 60 days [2] Group 2: Dividend Yield Comparison - The average dividend yield for the industry is 2.7%, with West Bancorporation, Phillips 66, and another unnamed company offering yields of 4.2%, 3.6%, and 3.2% respectively, indicating strong income characteristics [1][2][3]

Fawaz Al-Mubaraki, the CEO of Wafra, is leaving at year-end after almost a decade leading the investment manager owned by Kuwait’s state pension agency https://t.co/NkRXSyNcq8 ...

Investment Partnership Announcement - Willis Lease Finance Corporation (WLFC) has closed an investment partnership with Liberty Mutual Investments (LMI) to invest up to $600 million to support WLFC's credit strategy [1] - The partnership is backed by a warehouse debt facility from Bank of America N.A. and will focus on loan and loan-like engine financings, a sector WLFC pioneered in 2021 [1] Strategic Goals and Expertise - WLFC aims to accelerate the growth of its asset management business through this partnership, leveraging LMI's long-term capital and sector expertise [2] - LMI's investment emphasizes its capability to provide comprehensive financing solutions and support strong business growth in aviation finance [3] Company Overview - WLFC specializes in leasing commercial aircraft engines and related services, including maintenance and end-of-life solutions for aviation materials [4] - The company also aims to develop projects to decarbonize aviation through its Willis Sustainable Fuels initiative [4] Liberty Mutual Investments Overview - LMI is the investment arm of Liberty Mutual Group, managing over $117 billion in long-term capital globally, focusing on building enduring businesses and driving economic growth [5]

Core Viewpoint - Ashford Inc. has appointed Jim Plohg as Executive Vice President, General Counsel, and Secretary, effective December 16, 2025, to enhance its leadership team and support its growth in the real estate and hospitality sectors [1][2]. Group 1: Appointment Details - Jim Plohg has been with Ashford since 2014, previously serving as Division General Counsel and Managing Director [1]. - His new role involves overseeing all legal, compliance, and regulatory affairs for Ashford Inc., Ashford Hospitality Trust, and Braemar Hotels & Resorts [2]. Group 2: Leadership Perspective - CEO Monty Bennett expressed confidence in Plohg's contributions, highlighting his legal, real estate, and hospitality experience as vital for the company's growth [2]. - Plohg emphasized his commitment to leading the legal team and supporting the organization in expanding its commercial real estate investment and related services [3]. Group 3: Professional Background - Plohg has over 25 years of experience in legal, operational, and investment roles, including senior positions at multi-billion dollar alternative investment firms [3]. - He began his career at the international law firm Norton Rose Fulbright, which adds to his extensive legal expertise [3]. Group 4: Company Overview - Ashford Inc. provides global asset management, investment management, and related services specifically targeting the real estate and hospitality sectors [4].

Core Viewpoint - The press release provides shareholders of Cohen & Steers Infrastructure Fund, Inc. with details regarding the distribution sources for the upcoming payment on December 31, 2025, and cumulative distributions for the fiscal year to date [1]. Distribution Policy - The Fund has a managed distribution policy since March 2015, allowing for regular monthly distributions at a fixed rate per common share, aimed at delivering long-term total return potential [2]. - The Board of Directors retains the authority to amend, terminate, or suspend this policy, which could negatively impact the market price of the Fund's shares [2]. Distribution Sources - Monthly distributions may consist of long-term capital gains, short-term capital gains, net investment income, and/or return of capital for federal income tax purposes [3]. - Return of capital includes distributions exceeding net investment income and net realized capital gains, which reduces a shareholder's tax basis in their shares [3]. Distribution Estimates - For December 2025, the estimated distribution per share is $0.1550, entirely sourced from net realized long-term capital gains, while year-to-date distributions total $1.8600 per share [6]. - Year-to-date cumulative distributions show that net investment income contributed 49.45%, net realized short-term capital gains contributed 5.83%, net realized long-term capital gains contributed 36.66%, and return of capital contributed 8.06% [6]. Performance Metrics - The Fund's year-to-date cumulative total return for fiscal year 2025 (January 1, 2025, to November 30, 2025) is 17.97%, with a cumulative distribution rate of 7.08% [9]. - Over the five-year period ending November 30, 2025, the average annual total return is 9.54%, with a current annualized distribution rate of 7.08% [10]. Tax Reporting - Shareholders will receive a Form 1099-DIV for the calendar year, detailing how to report distributions for federal income tax purposes [11]. Company Overview - Cohen & Steers is a leading global investment manager specializing in real assets and alternative income, including listed and private real estate, preferred securities, infrastructure, resource equities, and commodities [12].

Core Viewpoint - Invesco is an independent investment management firm focused on enhancing the investment experience for individuals [1] Group 1 - Invesco emphasizes the importance of understanding investment objectives, risks, charges, and expenses before making investment decisions [1] - The firm provides educational information but does not offer specific investment recommendations or tax advice [1] - Invesco's opinions are based on current market conditions and may change without notice, indicating a dynamic approach to investment management [1] Group 2 - Invesco Distributors, Inc. serves as the US distributor for Invesco Ltd.'s retail products and collective trust funds [1] - The company operates through various affiliated investment advisers that provide advisory services without selling securities [1] - Invesco Unit Investment Trusts are distributed by Invesco Capital Markets, Inc. and other broker-dealers, highlighting the firm's extensive distribution network [1]

Core Viewpoint - The Cohen & Steers Infrastructure Fund, Inc. has announced its monthly distributions for January, February, and March 2026, with a monthly dividend of $0.155 per share [2]. Distribution Schedule - The distribution schedule is as follows: - January: Ex-Dividend Date on Jan. 13, 2026, Payable Date on Jan. 30, 2026 - February: Ex-Dividend Date on Feb. 10, 2026, Payable Date on Feb. 27, 2026 - March: Ex-Dividend Date on Mar. 10, 2026, Payable Date on Mar. 31, 2026 [2]. Managed Distribution Policy - The Fund operates under a managed distribution policy, allowing for greater flexibility in realizing long-term capital gains and distributing them regularly to shareholders [2][4]. - The Board of Directors retains the right to amend, terminate, or suspend this policy at any time, which could impact the market price of the Fund's shares [2]. Distribution Composition - Distributions may include net investment income, long-term capital gains, short-term capital gains, and/or return of capital [4]. - The characterization of distributions from investments in REITs, MLPs, and CEFs may vary based on the dividends reported to the Fund after year-end [3]. Shareholder Communication - Prior to each monthly payment, the Fund will issue a press release and notice detailing the amount and sources of the distribution for shareholders of record [4].

Market Overview - As 2025 approaches its end, the U.S. market is experiencing a unique situation with major indices nearing all-time highs despite some economic data indicating underperformance [1] Analyst Background - The author has a decade of experience in investment banking and has been involved in market analysis since 2011, focusing on long/short equities [1] - The author holds a Bachelor of Science Degree in Finance and Accounting, with a minor in History, and has served as Head Portfolio Manager for a student investment group [1] Investment Management Insights - The author emphasizes the importance of conducting due diligence before making investment decisions and suggests consulting financial advisers [3]

Core Insights - Zacks Premium offers various tools for investors to enhance their stock market strategies, including daily updates, research reports, and stock screens [1][2] Zacks Style Scores - Zacks Style Scores provide ratings for stocks based on value, growth, and momentum characteristics, helping investors identify securities likely to outperform the market in the short term [2][3] - Stocks are rated from A to F, with A indicating the highest potential for outperformance [3] Value Score - The Value Score identifies attractive stocks using financial ratios such as P/E, PEG, and Price/Sales, appealing to value investors seeking undervalued opportunities [3] Growth Score - The Growth Score focuses on a company's future prospects by analyzing projected and historical earnings, sales, and cash flow, targeting stocks with sustainable growth [4] Momentum Score - The Momentum Score assesses stocks based on price trends and earnings outlook, helping investors capitalize on upward or downward price movements [5] VGM Score - The VGM Score combines the Value, Growth, and Momentum Scores, providing a comprehensive rating to identify stocks with the best overall potential [6] Zacks Rank - The Zacks Rank is a proprietary model that uses earnings estimate revisions to simplify portfolio building, with 1 (Strong Buy) stocks achieving an average annual return of +23.81% since 1988, significantly outperforming the S&P 500 [7][8] Stock Selection Strategy - Investors are encouraged to focus on stocks with a Zacks Rank of 1 or 2 and Style Scores of A or B for the highest probability of success [10] - Stocks with a 3 (Hold) rank should also have A or B Style Scores to maximize upside potential [10] Example Stock: T. Rowe Price (TROW) - T. Rowe Price Group, Inc. manages $1.76 trillion in assets as of September 30, 2025, and is rated 3 (Hold) with a VGM Score of A [12] - TROW has a Momentum Style Score of B, with shares increasing by 6.6% over the past four weeks, and analysts have revised earnings estimates upwards [13]