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 the equity securities of c companies that pay current dividends and have the potential to increase their dividends with regularity.

Equity securities in which the fund invests consist primarily of common stocks, but may also include master limited partnerships and real estate investment trusts.

The research process is driven by fundamental analysis of one stock at a time. In selecting securities for the portfolio, the research team focuses on companies with well-established records of consistent earnings and dividend growth.

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 20% of its net assets in securities of foreign issuers.