The fund seeks above-average income growth and capital appreciation in the long term by investing in companies 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 are paying dividends.
The team favors attractively-valued companies demonstrating the capability for above-average dividend yield and the potential to increase dividends over time.
In selecting securities for the portfolio, the research team focuses on companies that are estimated to trade below their fair values.
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 also seeks to generate, additional portfolio income by selectively writing, or selling, covered call options on a target range of between 15% and 30% of the fund’s underlying equity securities.
