Description

The primary objective of this fund is to generate current income, with capital appreciation serving as a secondary aim. Under typical market conditions, the fund allocates at least 80% of its total net assets (inclusive of any funds borrowed for investment) to a combination of equity and income-generating securities, alongside derivatives and other instruments that possess similar economic attributes. A significant portion, specifically a minimum of 65% of its net assets, is ordinarily directed towards equity investments designed to produce income. Furthermore, the fund has the discretion to invest up to 25% of its net assets in securities issued by foreign entities.