-
Investment returns and principal value of the Fund will fluctuate so that an investor’s shares, when redeemed, may be worth more or less than their original cost. Some of the principal risks of investing in the Fund include:
Strategy
Seeks to produce high current income as well as overall total return by:
-
Applying a global, multi-sector approach to bond investment
-
Investing mainly in higher yielding, lower-rated (below Investment Grade) securities of issuers located throughout the world, including developed and emerging market countries
-
Investing in both US dollar and non-US dollar denominated securities
Portfolio Management Team
Investment Risks to Consider
These and other risks are described in the Fund’s prospectus
- Corporate debt obligations risk
- Derivatives risk
- Emerging-markets risk
- Fixed-income securities risk
- Liquidity risk
- Lower-rated and unrated instruments risk
- OTC derivatives counterparty risk
- Portfolio turnover risk
- Sovereign debt obligations risk
- Structured investments risk