About: The Fund seeks to provide current income, with a secondary objective of long-term capital appreciation. The Fund seeks to achieve this objective by investing primarily in a portfolio of taxable municipal securities known as Build America Bonds. Under normal market conditions, the Trust will invest at least 80% of its Managed Assets in taxable municipal securities, including BABs. Under normal market conditions, the Trust may invest up to 20% of its Managed Assets in securities other than taxable municipal securities, including tax-exempt municipal securities, assetbacked securities, senior loans and other income producing securities.
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