Description

The fund aims to meet its investment goals by strategically allocating capital to equity securities of well-established companies. These businesses must possess a market valuation greater than $1 billion, exhibit a consistent record of distributing dividends, and demonstrate the potential for increasing those payouts over time. A key policy dictates that, in typical market environments, at least 80% of the fund's total net assets (a calculation that includes any borrowed capital used for investment) will be committed to these income-generating stock investments.