Fund Description

The fund aims to achieve its investment objectives by investing at least 65% of its total assets in a diversified multi-sector portfolio of Fixed Income Instruments with varying maturities, which may include forwards or derivatives. Investments encompass bonds, debt securities issued by both U.S. and non-U.S. entities, and may span high yield and investment-grade corporate bonds, government securities, mortgage-related assets, and foreign currencies. The fund seeks to maintain a high level of dividend income while capital appreciation typically stems from declining interest rates or improving credit conditions. It may invest up to 50% in below-investment-grade high yield securities, up to 20% in emerging market-related assets, and has exposure to derivatives and preferred securities.