Equity Income Fund (PEYAX)

This fund received a Overall Morningstar Rating™ out of 1,094 funds in the Large Value category as of 07/31/19

I believe investors want performance that is consistently good rather than occasionally great. This takes risk controls and a strategic approach to dividends.

  • Darren Jaroch, CFA
  • Portfolio Manager

Overall Morningstar ratings as of 07/31/19, shown with the Morningstar category and the number of funds in each category.

Define value investing daily to uncover opportunities

Portfolio Manager Darren A. Jaroch, CFA, is a value investor with 23 years of experience. His process involves analyzing markets on a daily basis to identify undervalued stocks and focusing on cash flow rather than book value.

What happened to value stocks?

Our views on the valuation spread, why investors don't want value, and which approaches may work best in the changing equity landscape.