Description

This fund's primary objectives are to safeguard capital, provide regular income, and achieve long-term growth for both its principal and earnings. It implements a balanced investment approach, diversifying its holdings across a wide array of securities, including common stocks and high-grade bonds. Additionally, the fund allocates capital to debt instruments issued and guaranteed by the United States government, along with its federal agencies and instrumentalities. A segment of its assets may also be invested internationally in common shares—many of which have a track record of paying dividends—as well as bonds and other financial instruments from companies based outside the U.S.