Fund Description

The fund employs an indexing approach designed to track the Bloomberg U.S. 5-10 Year Government/Credit Float Adjusted Index, which includes medium and larger publicly issued U.S. government, investment-grade corporate, and investment-grade international dollar-denominated bonds with maturities of 5 to 10 years. It invests through index sampling, holding a range of securities that in the aggregate approximates the Index's key risk factors and characteristics, with at least 80% of assets in Index bonds. The fund seeks to maintain dollar-weighted average maturity and duration consistent with the Index.