Industry description
The investment seeks a high level of income consistent with maximum credit protection and moderate fluctuation in principal.
The fund seeks to provide a total return that matches or incrementally exceeds the performance of the intermediate-term U.S. Treasury bond market by providing total returns that match or incrementally exceed the total returns of the Bloomberg U.S. 4-10 Year Treasury Bond Index. The fund normally invests at least 80% of its net assets in securities that are held in the index and at least 80% of its net assets in U.S. Treasury securities, which are backed by the full faith and credit of the U.S. government.