Description

This fund aims to provide a steady stream of income while carefully safeguarding investors' initial capital. Typically, at least 80% of its net assets, augmented by any funds obtained through borrowing for investment, will be allocated to various types of fixed-income instruments. These holdings may encompass U.S. government bonds (including those from agencies and government-sponsored entities like Fannie Mae and Freddie Mac, specifically their mortgage-backed offerings), corporate debt, other mortgage-backed securities, asset-backed securities, and obligations from international governments, which could feature sovereign debt.