The investment seeks a high level of current income. The fund normally invests at least 80% of net assets (plus any borrowings for investment purposes) in floating rate loans, which often include debt securities of domestic and foreign issuers that are rated below investment grade (rated below Baa or BBB by a nationally recognized statistical rating organization such as Moody's Investor Services ("Moody's") or Standard & Poor's ("S&P")), at the time of purchase, or are of comparable quality, as determined by the sub-adviser, and other floating rate securities. It is nondiversified.
0.04 (0.32%)