The fund seeks capital appreciation and income by investing in large-size companies in the United States.
The investment process is driven by a value investing style focusing on companies that have attractive valuation and fundamental strength. The process focuses on companies that are estimated to generate income.
Next, the research-driven process narrows the investable universe by industry and identifies what they believe to be the most attractively valued securities in each industry.
The team focuses on companies with positive fundamentals, compelling valuations versus the market and peers, favorable dividend yields and positive prospective earnings.
The industry allocations in the portfolio may deviate from those of its primary benchmark and typically represent a broad range of industry groups. The team seeks to avoid overexposure to any one sector.
The fund may invest up to 25% of its net assets in real estate investment trusts, and a portion of its net assets in non-U.S. securities including through American Depositary Receipts and emerging market securities.