About: The Fund seeks a high level of total return with an emphasis on current distributions though investing in MLPs in the energy sector. Under normal market conditions, the Fund will invest at least 85% of its Managed Assets in equity and debt securities of MLPs.
The Fund may invest up to 20% of its Assets in unregistered or restricted securities. The Fund may invest up to 30% of its Assets in non-U.S. securities and may hedge the currency risk using derivative instruments.
The Fund currently expects to write (or sell) covered call options on up to 35% of its Assets.
Tags: Asset Management Financial Services