Strategy. The Fund generally will invest at least 90% of its total assets in the securities that comprise the Underlying Index. Strictly in accordance with its guidelines and mandated procedures, S&P Dow Jones Indices LLC (the Index Provider) compiles, maintains and calculates the Underlying Index, which is designed to measure the performance of a subset of companies within the S&P 500 Index that have the highest forecasted dividend yield growth. To be eligible for inclusion in the Underlying Index, a security must have a forecasted dividend yield greater than zero, it must have increased or maintained a total dividend per share amount every year for at least five consecutive calendar years, and its forecasted dividend per share must be greater than … Show more… The Fund generally will invest at least 90% of its total assets in the securities that comprise the Underlying Index. Strictly in accordance with its guidelines and mandated procedures, S&P Dow Jones Indices LLC (the Index Provider) compiles, maintains and calculates the Underlying Index, which is designed to measure the performance of a subset of companies within the S&P 500 Index that have the highest forecasted dividend yield growth. To be eligible for inclusion in the Underlying Index, a security must have a forecasted dividend yield greater than zero, it must have increased or maintained a total dividend per share amount every year for at least five consecutive calendar years, and its forecasted dividend per share must be greater than or equal to its most recent trailing calendar year dividend per share. In selecting securities for the Underlying Index, the Index Provider utilizes dividend forecast data provided by S&P Global Market Intelligence, an affiliate of the Index Provider. At each semi-annual rebalancing in April and October, the Index Provider calculates a forecasted dividend yield growth for each eligible security within the S&P 500 Index by taking the securitys forecasted dividend per share over the next 12 months, subtracting the securitys trailing twelve-month dividend per share, and then dividing this difference by the securitys price. The Underlying Index then includes the 100 securities with the highest forecasted dividend yield growth. The Underlying Index weights each constituent security by its forecasted dividend yield, with higher forecasted dividend-yielding securities receiving proportionally greater weights. As of October 31, 2025, the Underlying Index was comprised of 100 constituents with market capitalizations ranging from $8.2 billion to $855.5 billion. The Fund employs a full replication methodology in seeking to track the Underlying Index, meaning that the Fund generally invests in all of the securities comprising the Underlying Index in proportion to their weightings in the Underlying Index. The Fund is non-diversified and therefore is not required to meet certain diversification requirements under the Investment Company Act of 1940, as amended (the 1940 Act). Concentration Policy. The Fund will concentrate its investments (i.e., invest more than 25% of the value of its net assets) in securities of issuers in any one industry or group of industries only to the extent that the Underlying Index reflects a concentration in that industry or group of industries. The Fund will not otherwise concentrate its investments in securities of issuers in any one industry or group of industries. Show less