Torray Equity Income Fund TORYX

The fund invests principally in common stock of large-capitalization domestic companies. Ordinarily, 90% or more of the fund's assets will be invested in common stocks with the balance held in U.S. Treasury securities or other cash equivalents. Although the number of holdings may vary, the fund usually holds between 25 and 40 stocks, with positions in individual issuers generally ranging between 2% and 4% of the fund's assets.