Description

This fund aims to maximize its overall return by investing in a diverse collection of high-quality, mid- to long-term fixed-income instruments. A minimum of 80% of its total assets will be allocated to bonds. Principal investments may encompass corporate debt, U.S. government Treasury obligations, other federal and agency-backed securities, as well as asset- and mortgage-related instruments. The portfolio's weighted average maturity is generally anticipated to fall within a 4 to 12-year range.