Returns for the S&P 500® High Dividend Index underperformed returns in the broader stock market in the third quarter of 2023. During the quarter, the S&P 500® High Dividend Index was down 4.37%, while the S&P 500® Index was down 3.27%, the NASDAQ Index was down 3.94%, and the Dow Jones was down 2.10%.
On the year, the S&P 500® High Dividend Index was down 8.34%, while the S&P 500® Index posted a 13.06% gain, the NASDAQ Index was up 27.11% and the Dow Jones was up 2.73%.
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