![]() RFEU 6 months ago Paid | Quarterly | $1.94 Per Share |
![]() RFEU 8 months ago Paid | Quarterly | $0.84 Per Share |
![]() RFEU 11 months ago Paid | Quarterly | $0.44 Per Share |
![]() RFEU 22 Dec 2023 Paid | Quarterly | $0.31 Per Share |
![]() RFEU 22 Sep 2023 Paid | Quarterly | $0.19 Per Share |
![]() RFEU 6 months ago Paid | Quarterly | $1.94 Per Share |
![]() RFEU 8 months ago Paid | Quarterly | $0.84 Per Share |
![]() RFEU 11 months ago Paid | Quarterly | $0.44 Per Share |
![]() RFEU 22 Dec 2023 Paid | Quarterly | $0.31 Per Share |
![]() RFEU 22 Sep 2023 Paid | Quarterly | $0.19 Per Share |
NASDAQ (NMS) Exchange | US Country |
The fund is focused on achieving its investment goal by allocating a minimum of 80% of its net assets, this includes any potential borrowing for investment purposes, into a carefully curated portfolio consisting of equity securities. These securities are specifically chosen from European companies to ensure diversification and potential growth. The investment avenues within this portfolio range from common stock and depositary receipts to both common and preferred shares within real estate investment trusts (REITs). Additionally, the fund utilizes forward foreign currency exchange contracts along with currency spot transactions. This strategic utilization serves to protect the fund from the potential volatility arising from the fluctuating values of the currencies that the equity securities of the European companies are denominated in, thus aiming to secure stable and potentially lucrative returns for the investors.
The core of the fund's investment strategy lies in its commitment to equity securities of European companies, embodying a broad spectrum of sectors to capitalize on the diverse market dynamics within Europe. This diversified approach across various industries aims to mitigate risks and harness growth opportunities.
Investment in common stock and depositary receipts offers the fund’s investors a share in the ownership and earnings of some of Europe’s leading companies and conglomerates. This not only opens doors to dividends but also the potential capital appreciation, aligning with the fund's long-term growth objectives.
Investment in both common and preferred shares of REITs provides a pathway to the real estate market within Europe without requiring direct property ownership. This segment is chosen for its potentially stable yield-generating capabilities, making it an attractive option for income-focused investors.
To safeguard the fund against the fluctuations in currency values that can adversely affect international investments, the fund employs forward foreign currency exchange contracts and currency spot transactions. This strategic hedge is crucial in managing the currency risk associated with holding European securities, ensuring that the potential returns are not eroded by adverse currency movements.