|Net Assets||5.81 Bil|
|Morningstar Return||Below Average|
- Last NAV update 3/7/2014 4:00 PM ET
|The investment seeks long-term capital appreciation consistent with the preservation of capital; current income is a secondary goal. The fund normally invests at least 80% of its net assets, plus any borrowings for investment purposes, in common stocks. It focuses on "blue chip" companies with total market capitalizations of more than $5 billion at the time of purchase, including multinational companies. The fund employs a "buy-and-hold" investment strategy, which is an investment strategy characterized by a low portfolio turnover rate, which helps reduce the fund's trading costs and minimizes tax liability by limiting the distribution of capital gains.|
- Year to date performance as of 3/7/2014 12:00 AM ET
|Fund Manager||Fayez Sarofim|
|Minimum Initial Purchase||2,500.00|
|Minimum IRA Investment||750.00|
- * Annualized returns
- Performance as of 3/7/2014 12:00 AM ET
|Net Assets||5.81 Bil||1.04 Bil|
|Avg Market Cap||111.72 Bil||90.64 Bil|
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