Under typical market conditions, this fund allocates at least 80% of its total assets (including any borrowed capital for investment) to equity securities with significant economic connections to the United States. Its portfolio generally holds a concentrated selection of 30 to 50 equity positions, primarily consisting of common stocks, but may also include other instrument types such as depository receipts and warrants. Although the fund predominantly targets large, established corporations, it retains the flexibility to invest in mid- and small-capitalization companies as well.