Fund Description

The fund normally invests at least 80% of assets in securities of companies principally engaged in the manufacture, sale, or distribution of consumer staples, including drug stores and pharmacies; retail food stores and super centers; producers of packaged foods and tobacco products; breweries, vintners, distillers, and non-alcoholic beverage producers; producers of agricultural products; and producers of non-durable household products and personal and beauty care products. It normally invests primarily in common stocks of domestic and foreign issuers and may use derivatives within its 80% policy. Security selection uses fundamental analysis of issuers and market and economic conditions.