Industry description
The investment seeks to provide a combination of income and capital appreciation.
The fund invests at least 80% of assets in a combination of debt securities and income-producing equity securities. It allocates the fund's assets among equity and debt securities, including common and preferred stock, investment-grade debt securities, lower-quality debt securities (those of less than investment-grade quality, also referred to as high yield debt securities or junk bonds), floating rate securities, and convertible securities.