Industry description
The investment seeks total return from income and capital appreciation.
The fund invests primarily in: equity securities, fixed income securities, and cash equivalents selected using the adviser's asset allocation strategy. The advisor defines equity securities as common stock and convertible preferred stock of U.S. companies as well as American Depositary Receipts ("ADRs") representing common stock and convertible preferred stock of foreign issuers. It seeks income from both dividends paid by equity securities and interest payments from fixed income securities.