FDV

FDV concentrates on high dividend-paying US stocks with dividend growth potential. The adviser believes that strategic emphasis on dividends can enhance performance over time while targeting lower volatility than the broader market. The fund generally includes large- and mid-cap securities with higher dividend yield than the S&P 500 Index. The selection process starts by ranking eligible stocks based on attractive combinations of dividend yield and dividend growth potential over time. Securities that ranked as highly attractive are further assessed using bottom-up proprietary research, which focuses on fundamental factors such as balance sheet strength, earnings growth, and cash flow durability. As an actively managed fund, the adviser has full discretion to determine the amount and combination of investments to meet its objectives.