The start of a new month provides traders and investors with an opportunity to look back over the prior period to examine what worked and what didn’t.

In the images below we see data compiled by S&P DJI for both European and the US markets,

One thing that stands out to me is the rebound in dividend related styles / factors in both tables. Which suggest that investors took a more conservative stance moving out of Information Technology /Growth and into income producing assets.

Getting paid to own an asset suddenly matters again?

Here are the Top 10 holdings in the S&P European Dividend Opportunities Index and the Top 10 holdings in the S&P 500 Dividend Aristocrats as well.