Description

Under typical market conditions, this fund allocates a minimum of 80% of its net assets, plus any funds acquired through borrowing for investment purposes, to equity investments in companies characterized by small to medium market capitalizations. Its portfolio is primarily composed of common and preferred stocks issued by U.S.-based small and mid-cap entities. The fund maintains a broad and flexible investment approach, actively seeking what the portfolio manager identifies as high-quality businesses, regardless of whether they exhibit growth-oriented potential or value-based characteristics.