Industry description
The investment seeks to provide investment results that correspond to the total return performance of fixed-income securities, in aggregate, as represented by the Bloomberg U.S. Long Government Bond Index.
Under normal circumstances, at least 90% of the value of the fund’s assets, plus the amount of any borrowings for investment purposes, is invested in securities comprising the index, which, for the fund, are considered bonds issued or guaranteed by the U.S. government and its agencies or instrumentalities.