The investment seeks to maximize long-term total return consistent with preservation of capital. The fund invests in a portfolio of high yield fixed-income securities with a portfolio duration of two to eight years. It invests at least 80% of assets in junk bonds rated below investment grade. The fund only invests 20% of assets in securities below B by nationally organized statistical rating organization. It may invest up to 25% of assets in foreign securities that are denominated in U.S. dollars and 15% in foreign securities that are not denominated in U.S. dollars. The fund may invest up to 10% in emerging market foreign securities.
0.02 (0.20%) 