The investment seeks high current income; capital appreciation is a secondary objective. The fund normally invests at least 80% of assets in a broad range of high-yield, high-risk debt securities rated below the top four long-term rating categories by a nationally recognized statistical rating organization. It may invest up to 10% of net assets in securities that are in default at the time of purchase. The debt securities are primarily domestic securities, but may also include dollar denominated foreign securities. The fund's average dollar weighted maturity is expected to be between 3 and 15 years.
0.02 (0.16%) 