Fund Description

The fund seeks a combination of capital appreciation and current income by investing, under normal market conditions, at least 80% of net assets in income-producing equity securities of U.S. and non-U.S. companies, including common stock, preferred stock, and convertible securities. The adviser targets issuers of any market capitalization with yields above the average of the S&P 500 Index and capital gains potential, emphasizing strong free cash flow and regular dividends, long-term earnings per share growth, potential value catalysts, strong management, and sustainable long-term economic dynamics.