Strategy. Under normal circumstances, the Fund invests at least 80% of its net assets (including the amount of any borrowings for investment purposes) in equity securities of companies that have market capitalizations, at the time of purchase, in the range of companies in the Standard & Poors (S&P) 500 Index (the Index). The market capitalization range of the companies included within the Index was $ 5.4 billion to $ 3.4 trillion as of May 31, 2025 . The market capitalization range and composition of companies in the Index are subject to change. The Fund may invest up to 20% of its total assets in foreign securities. The Fund normally invests in common stocks, preferred stocks and convertible securities and may invest … Show more… Under normal circumstances, the Fund invests at least 80% of its net assets (including the amount of any borrowings for investment purposes) in equity securities of companies that have market capitalizations, at the time of purchase, in the range of companies in the Standard & Poors (S&P) 500 Index (the Index). The market capitalization range of the companies included within the Index was $ 5.4 billion to $ 3.4 trillion as of May 31, 2025 . The market capitalization range and composition of companies in the Index are subject to change. The Fund may invest up to 20% of its total assets in foreign securities. The Fund normally invests in common stocks, preferred stocks and convertible securities and may invest in exchange-traded funds. The Fund may at times emphasize one or more sectors in selecting its investments, including the information technology sector. Generally, the Fund anticipates holding between 40 and 60 securities in its portfolio; however, the Fund may hold, at any time, more or fewer securities than noted in this range. Show less