The Trust seeks a high rate of monthly income and capital appreciation.
Although stocks have historically provided higher returns over the long-term than bonds or other fixed income securities, there are investors who don’t feel comfortable investing only in the stock market with all of its potential volatility. The Trust offers investors a potentially lower-risk alternative to investing solely in stocks. To accomplish this, the portfolio invests approximately 50% in common stocks of companies which have above average dividend yields and approximately 50% in closed-end funds which invest primarily in U.S. and foreign taxable bonds. Because stocks and bonds may react differently to changes in the economy and interest rates, diversifying assets in this manner has the potential to reduce the overall volatility of the portfolio.