| NASDAQ Exchange | United States Country |
The fund is designed to cater to investors seeking exposure to large capitalization companies demonstrating a consistent pattern of earnings and dividend growth. It channels its investments primarily into common stocks, focusing on entities expected to sustain regular dividend payouts or exhibit the potential for such. A significant portion, at least 80%, of the fund's assets are allocated to securities of large cap companies adhering to these criteria. The investment horizon spans both U.S.-based and foreign entities, the latter through direct holdings or vehicles like American Depositary Receipts (ADRs) or similar depositary receipts, thereby offering a diversified global portfolio.
This core investment area focuses on acquiring stocks from large capitalization companies known for their stable earnings and consistent dividend growth. These criteria ensure that investments are directed towards financially robust entities capable of providing steady returns to investors.
The fund prioritizes investments in companies that currently pay dividends or are anticipated to commence dividend payments in the future. This approach aims at generating regular income for the fund's investors, alongside potential capital appreciation.
To incorporate geographical diversity and gain exposure to foreign markets, the fund invests in ADRs and other types of depositary receipts. This allows investors to benefit from the growth in international markets while mitigating some of the risks associated with direct foreign investments.
Part of the fund's portfolio may also include investments in equity REITs. This diversifies the investment base beyond traditional stocks and into real estate, offering potential for both income through dividends and capital appreciation from real estate property value increases.