Description

Under typical market conditions, the fund commits a minimum of 80% of its net assets to various fixed-income instruments with diverse maturity profiles, specifically including mortgage- and asset-backed securities. Its investment universe further encompasses a broader range of debt obligations, such as general debt securities, forward-settling to-be-announced (TBA) securities, collateralized loan obligations (CLOs), and other analogous financial products, which are issued by a wide array of U.S. and international public or private sector entities.