Description

This fund typically dedicates a minimum of 80% of its assets to equity securities. The advisor employs a target allocation strategy, aiming for approximately 50% in common stocks, 15% in real estate investment trusts (REITs) and related real estate holdings, another 15% in convertible securities, and the remaining 20% in preferred stocks. The core investment philosophy centers on identifying equity instruments that offer both immediate income through dividends and prospects for future growth, frequently resulting in the selection of "value" stocks within the common stock segment. The fund's investments span both domestic and international markets.