Description

The fund typically allocates a substantial majority—at least 80%—of its total assets, including capital obtained through borrowing, to equity instruments, specifically common and preferred shares. Under normal market circumstances, its investments are predominantly concentrated in securities issued by U.S. companies, with no less than 80% of its net and borrowed assets directed towards domestic issuers. The strategy employed for equity selection combines the distinct methodologies of two separate subadvisory firms across the different segments of the fund's portfolio.