Description

The fund typically allocates at least 80% of its net assets, along with any capital acquired through borrowing for investment purposes, to fixed-income securities rated investment grade. It possesses the flexibility to achieve exposure to its core fixed-income investments indirectly, utilizing a diverse range of investment vehicles, primarily including closed-end funds, exchange-traded funds (ETFs), and other pooled investment products. Additionally, up to 20% of the fund's assets may be invested in preferred stock.