Here’s Why RTX Corporation (RTX) Underperformed in Q2

ClearBridge Investments, an investment management company, released its “ClearBridge Dividend Strategy” third quarter 2023 investor letter. A copy of the same can be downloaded here. The strategy underperformed its S&P 500 Index benchmark in the third quarter. The strategy gained from three of the eleven sectors it invested in during the quarter on an absolute basis. Stock selection detracted while sector allocation contributed positively on a relative basis. In addition, please check...