Notable companies
The most notable companies in this group are Newmont Corp (NYSE:NEM), Southwestern Energy Company (null:SWN), Range Resources Corp (NYSE:RRC).
Industry description
The investment seeks to provide long-term capital appreciation.
The fund plans to invest at least 80% of its net assets, plus the amount of any borrowings for investment purposes, in equity securities of U.S. and non-U.S. companies of any size. It will invest at least 40% of its net assets in securities of issuers located outside the U.S. and may invest significantly in securities of issuers located in emerging or frontier markets. No more than 35% of the fund's net assets may be invested in securities of companies located in a single country.