The fund seeks primarily capital appreciation and secondarily current income by investing in companies in the United States.
The investment process is designed to identify companies that demonstrate capital growth outlook and which pay dividends.
The process focuses on companies generating high dividend yields; or having a track record of consistent dividend growth; or having capital appreciation potential and the ability to return cash to investors.
Next, the research team uses fundamental analysis to uncover companies experiencing high unit volume growth and positive changes in product cycle and market dynamics. The team also considers companies that are market leaders with growing demand.
The fund looks for companies benefitting from new regulations, a new product innovation or new management.
The fund may invest a significant portion of its assets in securities of companies conducting business within a single sector, including the technology, consumer discretionary, health care, and industrials sectors.