The fund was incepted in May 1992 and is managed by Banc One Investment Advisors Corporation. The fund seeks to maximize total return by investing primarily in a diversified portfolio of intermediate and long-term debt securities. The fund invests mainly in investment grade bonds and debt securities (or unrated bonds and debt securities, which the fund manager determines to be of comparable quality). These include U.S. government obligations and mortgage-backed and asset-backed securities. The fund looks for market sectors and individual securities that it believes will perform well over time. The fund managers select individual securities after performing a risk/reward analysis that includes an evaluation of interest rate risk, credit risk, and the complex legal and technical structure of the transaction. The fund offers dividends monthly and capital gains annually.