As many of you may know, the live-traded Bloomberg index based on our Very Attractive-rates stocks, the Bloomberg New Constructs Ratings VA-1 Index (ticker: BNCVA1T:IND) strongly outperformed the S&P 500 by 9.2% in 1Q25, rising 4.6% compared to the S&P 500 falling 4.6%.

This outperformance is strong evidence that the proprietary fundamental data that drives our Stock Ratings delivers novel alpha.

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