AMECX is a diversified income-oriented fund investing primarily in dividend stocks and bonds, targeting 60% in equities. With flexibility to adapt to market conditions, it can allocate up to 30% internationally, including emerging markets, and 20% in high-yield "junk bonds.” Up to 10% may be in dollar-denominated foreign debt. Managed by a team using a multi-manager approach, the fund seeks undervalued long-term opportunities, selling assets that no longer meet these criteria.