Description

The fund primarily invests in U.S. Treasury and government agency debt instruments, generally holding maturities between one and three years, and may also include associated derivative contracts. Its investment approach involves buying and selling securities based largely on its market outlook and an assessment of how these assets might perform across various market conditions. A core strategy dictates that a minimum of 80% of its net assets, plus any borrowed capital for investment, must be allocated to U.S. government-backed securities.