Industry description
The investment seeks to provide investors with long-term growth of capital.
Under normal circumstances, the fund invests at least 80% of its net assets, plus the amount of any borrowings for investment purposes, in large capitalization publicly traded equity securities, consisting primarily of common stock. It primarily seeks to buy common stock and may also invest in preferred stock. The fund's strategy is based on fundamental business analysis and a long-term orientation that blends aspects of growth and value investing. It is non-diversified.