Investment Strategy
J. Dale Harvey is the founder and CEO of Poplar Forest Capital and serves in the capacity of portfolio manager. Mr. Harvey spent 16 years successfully managing portfolios and performing investment analysis for the Capital Group companies before resigning in August 2007. He is supported by three equity analysts while also performing his own analytical work on all of the investments in the portfolio.
The Poplar Forest Funds seek to achieve their mission by investing in companies that appear to be temporarily out of favor yet possessing favorable long-term prospects. In identifying the most attractive long-term investments, we focus on normalized earnings, free cash generation, balance sheet strength, growth potential and valuation relative to these factors.
Any new investment in the Poplar Forest Funds must meet a 15% minimum prospective annual total return threshold.
Investments will be made with an intended minimum holding period of three years, thus reducing trading costs while deferring taxable gains.
Investors in Funds managed by Poplar Forest should expect:
- 85% of the portfolio to be invested in investment grade companies
- 85% of the portfolio to be invested in dividend paying companies
- 85% of the portfolio to be invested in the 1,000 largest companies in the U.S.
70 South Lake Avenue, Suite 930
Pasadena, California 91101
626.304.6000
