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Pzena U.S. Focused Value Q1 2026 Commentary
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Pzena U.S. Focused Value Q1 2026 Commentary

Seeking Alpha·Pzena Investment Management·20 days ago
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Summary

  • Broad U.S. market indices declined during the quarter and dispersion was elevated across sectors.
  • The health care, financials, and technology sectors were the largest detractors from performance during the quarter.
  • The industrials and energy sectors contributed positively to performance in the quarter.
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Zhanna Hapanovich/iStock via Getty Images

Broad U.S. market indices declined during the quarter and dispersion was elevated across sectors. Investors grappled with the conflict in Iran and a related spike in energy prices, in addition to continued AI-related uncertainty. Against this volatile backdrop, energy

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