Fund Description

The fund seeks to achieve its objective by investing primarily in domestic and foreign debt securities the sub-adviser considers attractive from a yield perspective while considering total return. It normally invests in non-investment grade and investment grade debt, including foreign and emerging market issuers. Holdings may include corporate bonds, foreign government debt, U.S. government and agency securities, bank loans and loan participations, and securitized debt such as mortgage-related and asset-backed securities, including CLOs. It may use derivatives and forward foreign currency contracts, trade actively, and invest in any maturity or duration.