Mainstay Epoch全球股票收益基金

????基金經(jīng)理：比爾?普利斯特、艾瑞克?薩彭菲爾德和邁克?沃爾豪特

????交易代碼：EPSYX

????資產(chǎn)規(guī)模： 10億美元

????今年迄今回報率：4.5%

????世界股票平均回報率：-5.4%

????目前看好的投資：雀巢（Nestlé）

????3.6%的股息收益率,、現(xiàn)金流增長強勁以及負債規(guī)模收縮使得這家食品巨頭成為Mainstay Epoch全球股票收益基金的核心持股,。

????對于49歲的艾瑞克?薩彭菲爾德來說，每周開始的方式都是一樣的,。周一上午7點半,，他紐約辦公室的一臺電腦開始在全球14,000多只股票中進行搜索，分析它們的股息和現(xiàn)金流,。然后,，薩彭菲爾德和他的聯(lián)席經(jīng)理們會對搜索得到的約200只股票仔細篩選，挑出幾只他們認為年度回報率有望達到9%的股票,。今年，基金持倉股中表現(xiàn)最好的股票包括煙草公司Lorillard和雷諾美國公司（Reynolds American）,，今年一季度基金還增持了長期持有的這兩只股票,。此外，基金經(jīng)理們還投資了天然氣業(yè)主有限合伙公司W(wǎng)illiams Partners,，該股今年至11月份已上漲了31%,。

Mainstay Epoch Global Equity Yield

????Managers: Bill Priest, Eric Sappenfield, and Mike Welhoelter

????Ticker: EPSYX

????Assets: $1 billion

????Year-to-date return: 4.5%

????World stock average: -5.4%

????What they like now: Nestlé

????Its 3.6% dividend yield, robust cash-flow growth, and shrinking debt make the food giant a core holding for the fund.

????Every week begins the same way for 49-year-old Eric Sappenfield. At 7:30 a.m. on Monday, a computer in his New York office sorts through 14,000 stocks around the globe, analyzing their dividends and cash flow. Sappenfield and his co-managers then sift through the 200 or so companies that pass the screen, searching for a handful that they believe will produce a 9% annual return. This year the fund's top performers included high-yielding tobacco companies Lorillard and Reynolds American, long-term holdings that they increased in the first quarter. The managers also invested in Williams Partners, a natural-gas master limited partnership, which had risen 31% this year through November.