The investment seeks long-term capital growth.
The fund normally invests at least 80% of its net assets (plus the amount of borrowings, if any, for investment purposes) in equity securities, primarily common stock, of large cap companies. It considers a large cap company to be one which, at the time of purchase, has a market capitalization equal to or greater than the top 80% of the companies that comprise the Russell 1000® Value Index. The fund emphasizes value-oriented investments. It may invest in foreign securities that are represented by American Depositary Receipts.