Description

Under typical market conditions, this fund commits at least 80% of its total capital to a blend of income-generating floating-rate loans, other floating-rate debt instruments, and high-yield corporate bonds. Its allocation to unsecured high-yield corporate bonds is restricted to a maximum of 20% of its overall assets. The portfolio primarily targets senior floating-rate loans, commonly known as "Senior Loans," which originate from both domestic and international borrowers. Additionally, a smaller portion of its strategy includes investments in high-yield, high-risk corporate debt.