Investment and market risk, management risk, sub-advisor risk, value investing risk, dividend strategy risk, qualified dividend tax risk, equity securities risk, small and medium cap company risk, non-U.S. securities risk, emerging markets risk, preferred stock risk, convertible securities risk, REIT risk, master limited partnership risk, fixed-income securities risk, market discount from net asset value risk, derivatives risk, portfolio turnover risk, leverage risk, market disruption risk, defensive positions risk, inflation risk, certain affiliations risk, anti-takeover risk, secondary market for the Fund's shares, and lending portfolio securities risk.
Qualified Dividend Tax Risk: There can be no assurance as to what portion of the distributions paid to the Fund's Common Shareholders will consist of tax-advantaged qualified dividend income.
Certain distributions designated by the Fund as derived from qualified dividend
income will be taxed in the hands of non-corporate Common Shareholders at the
rates applicable to long-term capital gain, provided certain holding period and
other requirements are satisfied by both the Fund and the Common Shareholders.
Additional requirements apply in determining whether distributions by foreign
issuers should be regarded as qualified dividend income. Certain investment
strategies of the Fund will limit the Fund's ability to meet these requirements
and consequently will limit the amount of qualified dividend income received and
distributed by the Fund.
The risks of investing in the Fund are spelled out in the prospectus, shareholder report and other regulatory filings.