Advisors Capital Total Return - Equity Fund (ACUSX)

Overview

The described fund is a U.S.-focused investment fund that primarily allocates its assets in dividend-paying common stocks across a diverse range of sectors. This fund operates with the strategy of investing at least 80% of its assets in companies that regularly distribute dividends, spanning any capitalization size. The aim is to compile a portfolio of 30 to 50 stocks, diversifying across seven to ten different sectors to mitigate risks and capitalize on various market opportunities. The fund's investment philosophy leans towards achieving a higher dividend yield than the market average, particularly outperforming the S&P 500 Index's yield, while also aiming to present lower downside risk during market downturns. The investment decisions are guided by a Sub-Advisor who crafts the fund’s strategy with a focus on dividend income and capital preservation against the backdrop of U.S. market dynamics.

Products and Services

The fund offers a distinct range of investment products and strategies designed to meet the needs of investors seeking income through dividends, alongside potential capital growth. These offerings include:

• Dividend-Paying Common Stock Investments: The core offering involves the purchase of common stocks from U.S. companies that have a consistent record of paying dividends. This strategy aims to provide investors with a steady income stream from their investments, alongside the potential for capital appreciation.
• Capitalization-Agnostic Investments: The fund invests in companies of any capitalization, meaning it sees value in both large-cap and small-cap stocks. This approach allows for a broad investment horizon, tapping into the growth potential of smaller companies as well as the stability of larger, established entities.
• Sector-Diversified Portfolio: With investments spread across seven to ten sectors, the fund ensures a balanced exposure to various segments of the economy. This diversification helps in reducing sector-specific risks and capitalizing on growth opportunities in different areas of the market.
• Managed Downside Risk: The investment strategy is also designed to manage and possibly reduce downside risk as compared to the broader market, represented by the S&P 500 Index. This is achieved through careful stock selection and a focus on companies with better-than-average dividend yields, which can offer a buffer during market downturns.