
See exactly how PRFDX's revenue becomes profit — a Sankey that traces revenue (and its reported segments) through gross profit, operating expenses, and net profit, with the year-over-year change on every line.
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The fund generally commits at least 80% of its net assets (which may include capital acquired through borrowing) to common equities. Its investment strategy focuses predominantly on large-capitalization companies, specifically targeting those with a consistent history of dividend payments or those considered to be undervalued. The investment manager habitually seeks out sizable corporations, and consequently, the fund's dividend yield, which reflects the income distributed, is typically expected to exceed that of the Russell 1000® Value Index.
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