| NASDAQ Exchange | United States Country |
The fund is a diversified investment vehicle focusing on the acquisition of dividend-paying stocks from both U.S. and international markets. It targets entities that not only pay dividends consistently but also show an upward trend in their dividend payouts and exhibit favorable earnings growth. By investing in companies across a wide gamut of the global economy and encompassing various market capitalizations including large-cap, mid-cap, and small-cap stocks, the fund aims to provide its investors with considerable growth potential and dividend income. A significant portion of the fund's assets, ranging from 30% to 50%, is dedicated to investments in non-U.S. issuers, ensuring a global diversification of the portfolio.
The fund invests in a carefully selected mix of U.S. and non-U.S. companies that have shown a consistent ability to pay dividends. Selection criteria involve above-median yield, a positive trajectory in dividend payments, and strong prospects for earnings growth. By focusing on dividend-paying stocks, the fund seeks to provide investors with a stable source of income in addition to potential capital appreciation.
Investments span across companies that represent a broad spectrum of the global economy, ensuring investors are not overly exposed to the risks of a single economic sector. This diversification is intended to mitigate risks and capitalize on growth opportunities in various sectors worldwide.
The fund's portfolio encompasses a range of market capitalizations, including large-cap, mid-cap, and small-cap stocks. This strategy aims to balance the growth potential of small and mid-size companies with the stability of large-cap entities, providing a comprehensive growth strategy suitable for a variety of market conditions.
By maintaining at least 30%, and up to 50%, of its net assets in securities of non-U.S. issuers, the fund offers investors exposure to international markets. This strategic allocation is designed to take advantage of growth opportunities outside the U.S. and enhance portfolio diversification, potentially reducing risk and increasing returns over time.