Fund Description

The fund invests primarily in income-producing securities, including equity and debt securities. At least 60% of its assets are allocated to common stocks and other equity-type securities, while the mix of equity, debt, and cash instruments may vary based on market conditions. Up to 30% of assets can be invested in foreign equity securities, including those from emerging markets. Additionally, the fund may allocate up to 20% of its assets in lower quality, higher yielding nonconvertible debt securities, often referred to as junk bonds, and up to 10% in U.S. dollar-denominated debt from non-U.S. sources. The fund is managed by multiple portfolio managers, leveraging professional judgment to identify attractively valued investment opportunities.