Strategy. The Fund invests, under normal circumstances, at least 80% of its net assets plus any borrowings for investment purposes (measured at the time of purchase) (Net Assets) in equity investments of dividend-paying U.S. and foreign companies with market capitalizations of at least $500 million. 10/10 Equity Investments The Investment Advisers Quantitative Investment Strategies (QIS) team manages the Funds equity investments, including investments that meet the 10/10 Test described below (the 10/10 Sleeve). The Fund will generally invest in common and preferred stocks as well as real estate investment trusts (REITs) that have paid dividends over the previous 10 years or more and have increased their dividends per share by approximately 10% or more per year, on average, over a 10-year … Show more… The Fund invests, under normal circumstances, at least 80% of its net assets plus any borrowings for investment purposes (measured at the time of purchase) (Net Assets) in equity investments of dividend-paying U.S. and foreign companies with market capitalizations of at least $500 million. 10/10 Equity Investments The Investment Advisers Quantitative Investment Strategies (QIS) team manages the Funds equity investments, including investments that meet the 10/10 Test described below (the 10/10 Sleeve). The Fund will generally invest in common and preferred stocks as well as real estate investment trusts (REITs) that have paid dividends over the previous 10 years or more and have increased their dividends per share by approximately 10% or more per year, on average, over a 10-year trailing period (the 10/10 Test). For purposes of this determination, issuers must have increased dividends by 5% or more on a year-over-year basis for at least 5 distinct calendar years over the 10-year trailing period. Once a companys stock is purchased by the Fund, if the stocks average annual dividend growth rate declines below approximately 10% per year over a 10-year trailing period, or the company has more than one year-over-year decrease in dividends per share over a 10-year trailing period, the position will generally be sold. The QIS team uses a systematic, rules-based approach, in combination with a qualitative overlay, to select the stocks in which the Fund invests. The Fund may invest in stocks other than those generated by the QIS teams proprietary models, at the discretion of the portfolio managers. MLP & Energy Infrastructure Investments The Investment Advisers Energy Infrastructure & Renewables team manages the Funds investments in master limited partnerships (MLPs) and energy infrastructure companies (the MLP & Energy Infrastructure Sleeve). The Fund may invest in MLPs and energy infrastructure companies irrespective of the 10/10 Test. The MLP & Energy Infrastructure Sleeve will generally consist of 15% of the Funds Net Assets but will not exceed 20% of Net Assets measured at the time of purchase. The MLP & Energy Infrastructure Sleeve will generally invest in traditional or alternative midstream (energy infrastructure) businesses, which include businesses that are engaged in the treatment, gathering, compression, processing, transportation, transmission, fractionation, storage, terminalling, wholesale marketing, liquefaction/regasification of natural gas, natural gas liquids, crude oil, refined products or other energy sources as well as businesses engaged in owning, storing and transporting alternative energy sources, such as renewables (wind, solar, hydrogen, geothermal, biomass) and alternative fuels (ethanol, hydrogen, biodiesel). The Investment Adviser measures the Funds performance against the S&P 500 Index. Show less