Description

This fund aims primarily to generate current income, with capital appreciation as a secondary goal. Its asset allocation typically features around 45% in equity securities and 55% in fixed-income investments, though these proportions may vary by up to 5%. The equity holdings primarily consist of common stocks selected for their consistent history of, or potential for, above-average dividends. Within its fixed-income allocation, the fund has the flexibility to invest up to 20% in domestic debt securities rated below investment grade.