The fund seeks maximum total return 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 equity securities of companies that offer high dividend yields.

In selecting securities for the portfolio, the research team focuses on companies with positive revenue or profit trends, healthy balance sheet, superior free cash flow generation, and durable competitive advantages.

In addition, the team also considers companies with proven management teams and prudent capital allocation skills.

Also, the team prefers companies that are trading at significant discounts to their estimated intrinsic value.

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 invests a significant portion of its net assets in equity securities of U.S. and foreign companies.

Also, the fund’s investment in foreign companies may include companies domiciled in emerging markets.

The fund may invest in investment-grade fixed income securities and securities that are below investment-grade or short-term, highly liquid investments, such as money market instruments, U.S. government obligations, commercial paper, repurchase agreements, and other cash or cash equivalent positions.

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 also invest up to 30% of its net assets in securities of foreign issuers.

Additionally, the fund may invest up to 25% of its net assets in securities of foreign issuers located in emerging markets.