Poplar Forest Partners Fund Class A

This fund's objective is to generate outstanding returns, adjusted for risk, throughout complete market cycles. It primarily achieves this by investing in the common shares of companies and industries that are currently undervalued by the market. Typically, the portfolio consists of a concentrated selection of 25 to 35 companies. These businesses must meet specific criteria: they possess an investment-grade debt rating, have a consistent history of paying dividends on their common stock, and feature a market capitalization that ranks them among the largest 1,000 companies in the United States.