The investment seeks long-term capital appreciation.
The fund normally invests at least 65% of its net assets in stocks of well-established U.S. companies, typically those above $5 billion in market capitalization. It may invest without limitation in foreign securities. Up to 25% of the fund's assets may be invested in securities within a single industry. Although the fund may invest in any economic sector, at times it may emphasize one or more particular sectors.