Industry description
The investment seeks to provide investors with total return.
The fund normally invests at least 80% of its net assets in income producing securities, including: U.S. government securities; residential and commercial mortgage-backed securities; asset-backed securities; domestic and foreign corporate debt obligations; preferred securities and contingent capital securities; fixed and floating rate loans; debt obligations of foreign governments; and municipal securities. It may invest up to 30% of its total assets in non-U.S. dollar denominated debt obligations of foreign corporations and governments.