About: The Fund seeks to provide a high level of total return, with an emphasis on income by investing primarily in publicly traded infrastructure companies. The Fund seeks to achieve its investment objective by investing primarily in securities of publicly traded infrastructure companies. Under normal market conditions, as a principal strategy, at least 80% of the Funds net assets, plus the amount of any borrowings for investment purposes (Managed Assets), will be invested in publicly traded equity securities of infrastructure companies listed on a domestic or foreign exchange, throughout the world, including the United States (the 80% Policy), and, as part of the 80% Policy, at least 40% of the Funds Managed Assets will be invested in publicly traded securities of infrastructure companies whose primary operations or principal trading market is in a foreign market. Under normal market conditions, the Fund will maintain exposure to securities of infrastructure companies in the United States and in at least three countries outside the United States. The Fund may invest up to 20% of its Managed Assets in fixed income securities, including below-investment grade rated securities, as described in this prospectus.
Tags: Asset Management Financial Services