Strategy. The fund normally invests at least 80% of its net assets (plus any borrowings for investment purposes) in equity securities with a track record of paying dividends. The fund considers a company to have a track record of paying dividends if the security has paid a dividend within the past 12 months. Any derivatives that provide exposure to the investment focus suggested by the funds name, or to one or more market risk factors associated with the investment focus suggested by the funds name, are counted (as applicable) toward compliance with the funds 80% investment policy. The fund generally seeks investments in large-cap companies. The fund typically employs a value approach in selecting investments. The advisers in-house research team seeks … Show more… The fund normally invests at least 80% of its net assets (plus any borrowings for investment purposes) in equity securities with a track record of paying dividends. The fund considers a company to have a track record of paying dividends if the security has paid a dividend within the past 12 months. Any derivatives that provide exposure to the investment focus suggested by the funds name, or to one or more market risk factors associated with the investment focus suggested by the funds name, are counted (as applicable) toward compliance with the funds 80% investment policy. The fund generally seeks investments in large-cap companies. The fund typically employs a value approach in selecting investments. The advisers in-house research team seeks dividend-paying companies that appear to be undervalued by various measures and may be temporarily out of favor but have good prospects for capital appreciation and dividend growth. In selecting investments, the adviser generally looks for companies with one or more of the following: ? an established operating history; ? above-average dividend yield relative to the broader equity market; ? low price/earnings ratio relative to the broader equity market; ? a sound balance sheet and other positive financial characteristics; or ? low stock price relative to a companys underlying value as measured by assets, cash flow, or business franchises. At times, the fund may have a significant portion of its assets invested in the same economic sector. While most assets are typically invested in U.S. common stocks, the fund may invest in foreign stocks in keeping with its objective(s). Show less