Description

The fund strategically distributes its investments among three primary asset types. These consist of stocks, covering various equity securities and funds that invest in them. Another segment is dedicated to longer-term fixed-income holdings, defined as debt instruments maturing in over one year, which may involve lower-rated "junk" or high-yield bonds, and related bond funds. The final component comprises short-term and money market instruments, specifically fixed-income securities and associated funds with maturities of one year or less.