Industry description
The investment seeks long-term total return.
The fund seeks long-term total return comprised of capital growth and current income by investing principally in debt securities of any kind. The fund may invest without limit in mortgage-backed securities of any maturity or type, including those guaranteed by, or secured by collateral that is guaranteed by, the United States Government, its agencies, instrumentalities or sponsored corporations, as well as those of private issuers not subject to any guarantee.