The fund seeks current income and capital appreciation in the long term by investing in companies across any size in the United States.
The investment process starts with a list of companies in the benchmark index and the research team utilizes quantitative techniques and fundamental analysis to identify investment opportunities.
Next, the research team invests in dividend-paying equity securities and in other instruments that have economic characteristics similar to such securities.
In selecting securities for the portfolio, the research team focuses on companies with above-market yielding stocks, and financial strength.
Then the manager constructs a portfolio of stocks from a list of companies favored by the research team and allocates capital based on its conviction level.
The fund may invest up to 25% of its net assets in foreign securities.
Although the fund may invest in companies of any size, the fund prefers large capitalization issuers.