Eagle Growth & Income Fund

Affiliated Managed Account

The Eagle Growth & Income Fund offers clients the opportunity to seek steady income and also the opportunity to participate in the market's long-term growth potential. The fund is diversified among common stocks, convertible bonds, convertible preferred stocks and real estate investment trusts (REITs).


The Eagle Growth & Income team identifies investment opportunities based on the following criteria:

Income

  • Yield or dividend growth at or above the S&P 500 Index
  • Demonstrated commitment to paying and increasing dividends

Growth

  • Dominance in expanding industry
  • Growth rate greater than inflation

Stability

  • Free cash flow and shareholder-oriented management
  • Stock price below estimated intrinsic value

Sell discipline

  • Price appreciation near or above sustainable level
  • Deterioration of company fundamentals, indicative of dividend cut
  • Occupation of too large a portion of total portfolio
  • Development of more attractive investment opportunity

A Word about Risk

International investing presents specific risks, such as currency fluctuations, differences in financial accounting standards as well as potential political and economic instability. Because the fund normally will hold a focused portfolio of stocks of fewer companies than many other diversified funds, the increase or decrease of the value of a single stock may have a greater impact on the fundís net asset value and total return. As with all equity investing, there is the risk that an unexpected change in the market or within the company itself may have an adverse effect on its stock. The biggest risk of equity investing is that returns can fluctuate and investors can lose money.