The investment seeks capital appreciation.
The fund invests primarily in equity securities of U.S. companies with market capitalizations of at least $1 billion. It may also invest up to 20% of assets in non-U.S. securities (but no more than 10% in any one non-U.S. country or 10% in companies organized or headquartered in emerging market countries). The fund may also invest a significant percentage of its assets in a small number of business sectors or industries. The fund is non-diversified.