High bond yields have been a boon for income investors. However, they may be missing out if they are bypassing dividend stocks altogether, according to Neuberger Berman senior portfolio manager Sandy Pomeroy, who manages the Neuberger Berman Equity Income Fund . "Dividend stocks grow their dividends, where Treasurys you get one coupon, you have the coupon for the duration of the bond and that's it," Pomeroy said in an interview on " Squawk on the Street " Friday.
meanwhile, has a total return of -0.9% in 2023, according to FactSet. It has an expense ratio of 1.07%. line Year-to-date performance of the SPDR Portfolio S & P 500 High Dividend ETF Finding an opportunity Right now, the biggest opportunity is in industrials, which is the largest overweight sector in the Neuberger Berman Equity Income fund relative to the market, Pomeroy said.