Bahl & Gaynor Small/Mid Cap Income Growth ETF · AMEX:SMIG
Bahl & Gaynor Small/Mid Cap Income Growth ETF — Bahl & Gaynor — Corporate Update (August 2026)
9 slides from Bahl & Gaynor Small/Mid Cap Income Growth ETF's corporate update, August 2026
Slide 1: The Dividend Corner: 3Q2026 Mid-Quarter Update
The Dividend Corner 3Q2026 Mid-Quarter Update 513.287.6100 | bahl-gaynor.com
Slide 2: When Signals Reverse
When Signals Reverse Markets continue to climb, but the ground beneath the advance has been shifting. Rising prices and internal market tension can coexist. But what anchors a portfolio through this kind of period? A portfolio built from durable businesses capable of growing cash distributions acros
Slide 3: First Principles
First Principles We target companies with growing dividends because of: 1. The utility of the growing income stream itself. 2. What a growing dividend signals about the underlying business. We believe a thoughtfully diversified collection of businesses can provide a durable foundation for pursuing l
Slide 4: Four Market Tensions Revisited
Four Market Tensions Revisited Each market tension flagged in our 2Q2026 Investor Letter has moved… 1. The Fed held interest rates in July, but narrowly 2. The Middle East reversed course 3. Market breadth has improved 4. Concentration remains high BGC20260812-1 4
Slide 5: Market Breadth Has Improved
Market Breadth Has Improved Source: Bloomberg, Data as of 7/31/2026. BGC20260812-1 5
Slide 6: Concentration Remains High
Concentration Remains High Common Man Technology Sector (Tech + GOOGL + META + AMZN + TSLA) % Weight in S&P 500 Source: Baird Strategas, Bloomberg, Data as of 7/24/2026. BGC20260812-1 6
Slide 7: A Quieter Kind of Validation
A Quieter Kind of Validation Equal- vs. Cap-Weighted S&P 500 YTD Performance 120.0 S&P 500 Equal-Weighted 115.0 S&P 500 Cap-Weighted 113.3 110.0 110.1 105.0 100.0 95.0 90.0 Dec-25 Jan-26 Feb-26 Mar-26 Apr-26 May-26 Jun-26 Jul-26 Source: Factset, Data as of 7/31/2026. BGC20260812-1 7
Slide 8: What We Are Actually Solving For
What We Are Actually Solving For 1. Growing Dividend Income 2. Downside Risk Mitigation 3. Alpha Generation The Constant: We continue to believe that portfolios built on durable businesses, growing cash flows, disciplined valuation, and thoughtful diversification remain well suited to help clients p
Slide 9: Important Disclosures and Definitions
Important Disclosures and Definitions Bahl & Gaynor, Inc. (“Bahl & Gaynor”) is an investment adviser registered with the U.S. Securities and Exchange Commission (“SEC”). Registration with the SEC does not imply a certain level of skill or training. The views expressed in this commentary reflect the