Typically, the fund allocates at least 80% of its net assets (inclusive of any capital borrowed for investment) to dividend-paying equity securities issued by companies based outside the United States. The investment advisor's strategy centers on selecting firms that appear attractively valued and possess the potential for sustained long-term growth. The portfolio has the flexibility to invest in companies across the entire spectrum of market capitalizations. Additionally, the advisor may, on occasion, concentrate its holdings in particular sectors, including but not limited to the financial services industry.