General Info
About: The Fund normally invests at least 80% of its total assets in Senior Loans of domestic and foreign borrowers that are denominated in U.S. dollars and foreign currencies. It may invest up to 20% of its total assets in securities other than Senior Loans, including loan interests, investment- and non-investment-grade corporate debt securities and convertible bonds and other securities. The Fund may invest up to 20% of its total assets in debt obligations, including Senior Loans, rated Caa1 or lower by Moody’s, or CCC or lower by S&P and Fitch, or comparably rated by another NRSRO or unrated but judged by the advisor to be of comparable quality.
Tags: Asset Management Financial Services
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