Investors have mostly been focused on fast-growing companies that may not be of the highest intrinsic value, but now it’s quality dividend payers’ turn.

“Since the end of the first quarter, large, quality-type names have been outperforming,” said Rick Helm, senior vice president and portfolio manager at Cohen & Steers, a New York City-based global asset manager. “This is not a defensive call. It’s really a change in mindset among most investors.”

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