Under typical market conditions, this fund commits at least 80% of its net assets (including any borrowed funds for investment) to U.S. dollar-denominated financial instruments that feature adjustable interest rates. These primarily consist of secured loans with variable rates and other types of floating-rate debt instruments. Such investments include, but are not limited to, floating-rate bonds, notes, and debentures, as well as segments of floating-rate asset-backed securities, including structured notes.