Commentary & Research

Below are insights, research and marketing material on the Berkshire Dividend Growth Strategy.  This information is not investment advice and is only provided for you to understand our philosophy and motivations of investment decisions. Insights are the opinions of Berkshire portfolio managers which are subject to change.


Marketing Material
Dividend Strategy Guide 3.31.2021
Dividend Strategy Fact Sheet 3.31.2021
Dividend Strategy Scorecard 3.31.2021
Dividend Strategy Commentary Q1 2021


Morningstar Income Distribution Illustrations

Dividend Strategy 6% Annual Withdrawal – 12.31.2020 Morningstar
Dividend Strategy 5% Annual Withdrawal – 12.31.2020 Morningstar
Dividend Strategy 4% Annual Withdrawal – 12.31.2020 Morningstar
Dividend Strategy 3% Annual Withdrawal – 12.31.2020 Morningstar
Berkshire Morningstar Report 12.31.2020


Investment Process
Berkshire Dividend Strategy – Portfolio Construction Narrative
Detailed Dividend Strategy Guide 3.31.2021
Berkshire “Forward Looking” Snapshot 3.31.2021


Specialized Support
Matrix – Advisor Support Articles 3.31.2021
Berkshires Book of Dividend Income – Advisor Playbook
Berkshires Book of Dividend Income – Client Presentation
Berkshire Tax Alpha Transition Program
Berkshire Tax Alpha Transition Program – Intro

Berkshire Balanced 3.31.2021


Past Commentary
2020 3rd Quarter Dividend Commentary
2020 2nd Quarter Dividend Commentary
2020 1st Quarter Dividend Commentary
2019 4th Quarter Dividend Commentary
2019 2nd Quarter Dividend Commentary
2019 1st Quarter Dividend Commentary
2018 4th Quarter Dividend Commentary
2018 3rd Quarter Dividend Commentary
2018 2nd Quarter Dividend Commentary
2018 1st Quarter Dividend Commentary
2017 4th Quarter Dividend Commentary
2017 3rd Quarter Dividend Commentary
2017 2nd Quarter Dividend Commentary
2017 1st Quarter Dividend Commentary
2016 4th Quarter Dividend Commentary
2016 3rd Quarter Dividend Commentary
2016 2nd Quarter Dividend Commentary
2016 1st Quarter Dividend Commentary
2015 4th Quarter Dividend Commentary
2015 3rd Quarter Dividend Commentary


Past Research Insights
Ten Year Anniversary of Financial Crisis Series: Part 2 Managing Market Mayhem
By: Gerry Mihalick, CFA

Investing for Cash Flow
By: Gerry Mihalick, CFA

Berkshire – “Forward Looking” Approach
By: Gerry Mihalick, CFA

Dividend Strategies in Challenging Environments
By: Gerry Mihalick, CFA

Does Dividend Screening Work?
By: Gerry Mihalick, CFA

“The Market is Rigged”
By: Gerry Mihalick, CFA

Why Interest Rates Really Matter To Equity Investors
By: Gerry Mihalick, CFA


Additional Berkshire Material
Wells – Dual Contract 40bps
Berkshire GIPS Verification 12.31.2019
Berkshire ADV Part 1 3.30.2021
Berkshire Part 2B 3.30.2021
Berkshire Form ADV Part 2A 3.30.2021
Berkshire Form ADV Part 3 Form CRS 3.30.2021


Contact us for additional Commentary and Research
Gerard Mihalick, CFA, Portfolio Manager –
Jason Reilly, CFP®, VP Distribution –

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