Description

This fund primarily allocates its capital, dedicating a minimum of 80% of its net assets and borrowed funds, to equity holdings. Its core strategy, under typical market conditions, involves investing predominantly in dividend-paying equity securities. A particular emphasis is placed on common stocks of companies that have a demonstrated history of increasing their dividend payouts. Furthermore, the fund has the discretion to include common stocks of foreign companies that are traded on U.S. exchanges, which encompasses instruments like American Depositary Receipts (ADRs).