Ayako Yoshioka CFA®, senior portfolio manager at Wealth Enhancement Group was quoted by Thomson Reuters in “US Dividend Funds See Biggest Quarterly Outflows in 2-1/2 Years.”
"The yields on money market funds became much more attractive after investors received their December 2022 statements in January of this year and saw that even their dividend paying stocks were down quite a bit while money market funds at that point were seeing yields near 4+," said Ayako Yoshioka, senior portfolio manager at Wealth Enhancement Group.
Access the article by Patturaja Murugaboopathy and Chuck Mikolajczak here.
