The investment seeks capital appreciation and current income.
The fund will normally invest 25% to 75% of its assets in stocks and convertible securities and at least 25% of its total assets in fixed income securities. It may also invest up to 20% of its assets in foreign securities either directly or through the purchase of sponsored or unsponsored American Depositary Receipts ("ADRs"). The fund may also invest in preferred stocks and warrants. It may invest in securities issued by companies with large, medium, or small capitalizations.