The trust consists of stocks selected by Eugene E. Peroni of Peroni Portfolio Advisors, Inc. through application of his proprietary method of technical analysis, the Peroni Method, historical quantitative analysis and fundamental analysis using the following criteria for screening stocks: a longer-term history of paying dividends, especially those companies that have historically increased dividends; current annual dividend yields of 2.5% or higher; cash flows that appear sufficient to continue paying dividends; and good longer-term earnings growth prospects. The trust is structured as a Regulated Investment Company (RIC).