The fund seeks high current income and capital appreciation in the long term by investing in size 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 dividend-paying equity securities of companies that are estimated to trade below their fair values.

The team prefers companies with dividend yields at least one and one-half times that of the benchmark index.

Additionally, the team focuses on companies with a track record of increasing dividends and/or prospects for future dividend growth.

Other fundamental factors that the team emphasizes are companies with attractive valuation and returns on equity, low debt, and ample free cash flow.

In addition, the team favors companies with proven management teams that exhibit a tangible commitment to paying consistent and growing dividends over time.

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 in companies across market capitalizations, although the manager invests mostly in mid-and large-capitalization companies.

Also, the fund may invest in equity securities of foreign companies and American Depositary Receipts.