Description

This fund primarily allocates its holdings, with a minimum of 80% of its assets, to debt instruments. These debt instruments are broadly defined to include all forms of fixed-income securities. The fund chiefly targets a wide array of high-quality bonds and other debt products, which encompass, but are not limited to, U.S. government-issued debt, corporate obligations, municipal bonds subject to taxation, and securitized products such as mortgage-backed and other asset-backed securities.