Business Description
This fund puts at least 80% of its money into consumer staples companies ? businesses that sell everyday essentials like food, beverages, and household products ? along with investments designed to generate additional income through premiums. The companies it invests in are drawn from the consumer staples sector of the S&P 500, as defined by a widely used global industry classification system. Because the fund is non-diversified, it may hold larger positions in fewer companies than a typical fund.