Quarterly PSN Top Guns List published by Zephyr identifies best-in-class separate accounts, managed accounts, and managed ETF strategies 

Spokane, WA (September 28, 2023) – Palouse Capital Management, Inc. (“PCM”) announced today that its Diversified Income (“DI”) strategy has been named to the celebrated PSN Top Guns List of best performing separate accounts, managed accounts, and managed ETF strategies for Q2 2023.  PCM’s DI strategy was ranked #6 of ten in the three star PSN Top Guns US Balanced category for the second quarter¹. The highly anticipated list, published by Zephyr, remains one of the most important references for investors and asset managers.   

“Volatility in the market continues to drive investors to actively managed investments like SMAs,” says Chris Volpe, Director of Wealth Management Solutions for Zephyr. “PSN Top Guns provides the intelligence and insight to identify strategies that align with client goals. Palouse Capital Management, Inc. is a best-in-class performer and worthy of this influential recognition.” 

PCM manages its DI strategy to generate income and long-term capital appreciation. The DI strategy’s investable universe includes dividend-paying common equities, preferred stocks, exchange-traded funds, and bonds. The tactical allocation of the DI strategy is to maximize income while controlling risk via asset class diversification. PCM’s fundamental value approach to common equity selection is generally applied; however, with all investment decisions, income is prioritized. Therefore, the fund seeks to invest in common equities with higher-than-average dividend yields and dividend potential. PCM’s DI strategy is team-managed by Spencer Shelman, CFA, Bryn Harman, CFA, and Ryan Long, CFA.

“We are honored to be recognized by PSN as among the top ten performing asset managers in the balanced category for our Diversified Income strategy over the trailing three-year period,” stated Spencer Shelman, Portfolio Manager for PCM.  “The PSN Top Guns recognition is especially meaningful to us today because of the volatile interest rate backdrop that we’ve seen over the past few years.  We see an attractive set up for the strategy in the years ahead, as interest rates continue to see big moves and active management of investor capital experiences a renaissance.” 

Bryn Harman, PCM’s Chief Investment Officer, stated “We are proud to once again receive PSN’s recognition for our efforts with the DI strategy. This is the thirteenth time that our DI strategy has been recognized on the Top Guns list since its inception in 2010. Three of our other strategies, Small/Mid Cap Value, Large Cap Value and Large Cap Value Total Return, have been on PSN Top Guns lists in the past. We employ the same fundamental approach to investing across all of our strategies, and our long-term performance has shown that our approach has worked well through several phases of the business cycle.” 

Through a combination of PSN’s proprietary performance screens, the PSN Top Guns List ranks products in six proprietary categories in over 75 universes based on continued performance over time. 

The complete list of PSN Top Guns and an overview of the methodology can be located at https://psn.fi.informais.com/.  Registration is required. 

About Palouse Capital Management, Inc. 

Palouse Capital Management, Inc., a boutique asset management firm founded in 1994 provides active asset management nationally to high net worth individuals, foundations, endowments, corporations and public funds. The firm’s fundamental value philosophy is consistently applied across three core equity strategies: Large-Cap Value Total Return, Large-Cap Value and Small/Mid Value. The firm also offers a Diversified Income Strategy for clients seeking income from diversified asset classes, which may include fixed income securities, common equities, preferred stock, REITS, and other income producing securities. Palouse Capital Management, Inc. is a registered investment adviser offering a comprehensive range of investment strategies to a broad audience of equity investors. For more information, please visit: www.palousecap.com.

About PSN 

For nearly four decades, PSN has been a top resource for investment professionals. Asset managers rely on Zephyr’s PSN to effectively reach institutional and retail investors rely. Over 2,800 firms, 285 universes, and more than 21,000 products comprise the PSN SMA database showing asset breakdowns, compliance, key personnel, ownership diversity, ESG, business objectives and strategy, style, fees, GIC sectors, fixed income ranges and full holdings. Unique to PSN is its robust historical database of nearly 40 Years of Data Including Net and Gross-of-Fee Returns. For more details on the methodology behind the PSN Top Guns Rankings or to purchase PSN Top Guns Reports, contact Robby Resendez at PSNdata@informais.com  Visit PSN online to learn more. 

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¹ The PSN Top Guns Three Star category rankings are based on returns for a three year period.

FOR IMMEDIATE RELEASE

Palouse Capital Management, Inc.’s Diversified Income Strategy Receives “PSN Top Guns” Recognition

Spokane, Washington (August 18, 2014) – Palouse Capital Management, Inc.’s Diversified Income Strategy earned recognition as a top performer in the three star US Balanced Universe on the “PSN Top Guns” list for the three year period ending June 30, 2014. Investment strategies receiving PSN Top Guns honors reflect the top ten performers in over 50 style universes and six “star categories” (PSN’s star categories differ from each other based on longevity, risk and adherence to investment styles). The PSN Top Guns List is a quarterly ranking of investment managers and is used by institutional asset managers and investors nationally. This is the third consecutive quarter our Diversified Income Strategy has received this recognition.

Bryn Harman, CFA, Palouse Capital’s Chief Investment Officer, stated “We are pleased to receive PSN’s recognition of our efforts with the Diversified Income Strategy. The strategy utilizes various asset classes including dividend paying common equities, preferred stocks, REITS, fixed income securities and other income producing securities. The strategy’s performance in recent years reflects our emphasis on common equities with above average dividend yield – a focus not pursued by (or not available to) many competitive products. Our Diversified Income Strategy’s objective is to provide income from diversified market segments by opportunistically focusing on investments with relatively high income potential while attempting to avoid asset classes that we believe have relatively high downside risk.” PCM’s portfolio management team consists of Bryn Harman, CFA, Jeff Trudeau, CFA, and Ken Roberts.

Please find attached a performance presentation for PCM’s Diversified Income Strategy.

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Past performance and PSN rankings/awards are not indicative of, nor a guarantee of future results.
All investments involve risk including the loss of principal. This information is not intended to be used as the primary basis of investment decisions nor should it be construed as advice designed to meet the particular investment needs of any specific investor. PCM’s Diversified Income Strategy utilizes a blend of various income producing securities that may include, but is not limited to U.S. government treasuries and agencies, corporate bonds, high yield bonds, convertible securities, preferred stocks, common stock with stable and growing dividends, specialty exchange traded funds, and real estate investment trusts. While PCM’s Diversified Income Strategy is classified by PSN in the US Balanced universe due to its ability to invest in fixed income securities, this strategy allows for flexibility to tactically allocate among asset classes in order to seek the best relative value in the market environment. The income generated by the securities held in this strategy may decline; there is no guarantee that dividend-paying securities will continue to pay dividends. This strategy may include investments in lower quality, higher yielding fixed income securities which may be subject to greater price fluctuation than higher quality fixed income securities. Small-cap investing typically carries more risk than investing in well-established large cap companies since smaller companies generally have limited product lines and financial resources and a higher risk of failure. Historically, smaller companies’ stock has have experienced a greater degree of market volatility than the average stock. PCM’s Small/Mid Value Strategy may not be suitable for everyone. The ratings assigned to PCM’s strategies may not be representative of any individual client’s experience because the ratings are based on the average of all the clients invested in each strategy. Additional information regarding the services provided by PCM is available in Form ADV Part 2A. A list of composite descriptions and presentations are available upon request.

PSN is an investment manager database and a division of Informa Investment Solutions. The PSN universes were created using information collected from over 2000 firms through PSN investment manager questionnaires (of which PCM participates) and uses only gross of fees returns. The use of net of fees returns may have changed the rankings. PCM does not pay to participate in the database. PSN information is intended for use by qualified investment professionals. A six star rating is the highest possible rating. The 3 star category: these top performers are strictly based on returns for a three year period. The 1 star category: these top performers are strictly based on returns for the most recent quarter. For more information go to www.informais.com

FOR IMMEDIATE RELEASE
Palouse Capital Management, Inc.’s Diversified Income Strategy Receives “PSN Top Guns” Recognition

Spokane, Washington (February 20, 2014) – Palouse Capital Management, Inc.’s Diversified Income Strategy earned recognition as the top performer in the three star US Balanced Universe on the “PSN Top Guns” list for the three year period ending December 31, 2013. Investment strategies receiving PSN Top Guns honors reflect the top ten performers in over 50 style universes and six “star categories” (PSN’s star categories differ from each other based on longevity, risk and adherence to investment styles). The PSN Top Guns List is a quarterly ranking of investment managers and is used by institutional asset managers and investors nationally.

Bryn Harman, CFA, Palouse Capital’s Chief Investment Officer, stated “We are pleased to receive PSN’s recognition of our efforts with the Diversified Income Strategy. The strategy utilizes various asset classes including dividend paying common equities, preferred stocks, REITS, fixed income securities and other income producing securities. The strategy’s performance in recent years reflects our emphasis on common equities with above average dividend yield – a focus not pursued by (or not available to) many competitive products. Our Diversified Income Strategy’s objective is to provide income from diversified market segments by opportunistically focusing on investments with relatively high income potential while attempting to avoid asset classes that we believe have relatively high downside risk.” PCM’s portfolio management team consists of Bryn Harman, CFA, Jeff Trudeau, CFA, and Ken Roberts.

Please find attached a performance presentation for PCM’s Diversified Income Strategy.

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Past performance and PSN rankings/awards are not indicative of, nor a guarantee of future results.

All investments involve risk including the loss of principal. This information is not intended to be used as the primary basis of investment decisions nor should it be construed as advice designed to meet the particular investment needs of any specific investor. PCM’s Diversified Income strategy utilizes a blend of various income producing securities that may include, but is not limited to U.S. government treasuries and agencies, corporate bonds, high yield bonds, convertible securities, preferred stocks, common stock with stable and growing dividends, specialty exchange traded funds, and real estate investment trusts. While PCM’s Diversified Income Strategy is classified by PSN in the US Balanced universe due to its ability to invest in fixed income securities, this strategy allows for flexibility to tactically allocate among

asset classes in order to seek the best relative value in the market environment. The income generated by the securities held in this strategy may decline; there is no guarantee that dividend-paying securities will continue to pay dividends. This strategy may include investments in lower quality, higher yielding fixed income securities which may be subject to greater price fluctuation than higher quality fixed income securities. The ratings assigned to PCM’s strategies may not be representative of any individual client’s experience because the ratings are based on the average of all the clients invested in each strategy. Additional information regarding the services provided by PCM is available in Form ADV Part 2A. A list of composite descriptions and presentations are available upon request.

PSN is an investment manager database and a division of Informa Investment Solutions. The PSN universes were created using information collected from over 2000 firms through PSN investment manager questionnaires (of which PCM participates) and uses only gross of fees returns. The use of net of fees returns may have changed the rankings. PCM does not pay to participate in the database. PSN information is intended for use by qualified investment professionals. A six star rating is the highest possible rating. The 3 star category: these top performers are strictly based on returns for a three year period. For more information go to www.informais.com