General Info
About: The Fund normally invests at least 80% of its Managed Assets in a portfolio of U.S. and foreign bonds, loans and other fixed income instruments that are, at the time of purchase, rated below investment grade. Its investments will primarily consist of predominantly high yield bonds and/or secured loans, though they may also include debentures, notes, commercial paper and investment grade bonds. It may invest up to 100% of its Managed Assets in fixed income instruments and securities issued by foreign issuers, and up to 25% of Managed Assets in fixed income instruments of issuers in emerging markets.
Tags: Asset Management Financial Services
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