Fund Description

The fund will seek to achieve its investment objective by investing primarily in a diversified portfolio consisting primarily of common stock of U.S. companies that management believes have exhibited above-average growth rates in earnings over the long term. It generally invests at least 65% of total assets in common stock, convertible preferred stock, and rights to subscribe to common stock, with an emphasis on common stock, and may also buy securities convertible into common stock. The fund may invest in companies of any size but emphasizes investments in companies that have medium to large stock market capitalizations. Convertible securities may provide interest or dividend income and reflect both income payments and the underlying stock's market value.