div style="font-size: 10.0pt; font-family: arial; text-align: left; color: #000000; font-weight: normal; text-decoration: none; margin-top: 1em; margin-bottom: 1em;"Under normal market conditions, the Fund invests at least 80% of its net assets in dividend-paying common stocks and preferred securities. Companies in certain economic sectors of the market have historically provided higher dividend/div div style="font-size: 10.0pt; font-family: arial; text-align: left; color: #000000; font-weight: normal; text-decoration: none; margin-top: 1em; margin-bottom: 1em;"yields than companies in other sectors and industries. As a result, given the Fund’s focus on dividend-paying securities, the Fund may, from time to time, have a greater exposure to these higher dividend-yield sectors and industries than the broad equity market./div div style="font-size: 10.0pt; font-family: arial; text-align: left; color: #000000; font-weight: normal; text-decoration: none; margin-top: 1em; margin-bottom: 1em;"The Fund may invest in small-, mid- and large-cap companies. The Fund may invest up to 25% of its net assets in non- U.S. equity securities that are U.S. dollar-denominated./div div style="font-size: 10.0pt; font-family: arial; text-align: left; color: #000000; font-weight: normal; text-decoration: none; margin-top: 1em; margin-bottom: 1em;"The Fund’s sub-adviser is focused on bottom-up fundamental analysis to identify what it believes to be the highest quality companies that meet the Fund’s investment criteria. When selecting companies, the sub-adviser evaluates certain factors, including a sound business model, strong overall financial position, earnings growth, return on equity, quality of management, potential for dividend growth, market valuation and the commitment to return cash to shareholders./div