The investment seeks current income with capital appreciation and growth of income. Under normal market conditions， the fund i... more
nvests at least 80％ of its net assets in ’bonds.’ Bonds include debt obligations of any maturity， such as bonds， notes， bills and debentures. It invests predominantly in bonds issued by governments， government-related entities and government agencies located around the world. The fund may invest up to 25％ of its total assets in bonds that are rated below investment grade or， if unrated determined by the investment manager to be of comparable quality. It is non-diversified.