This fund is primarily focused on fixed-income investments, typically allocating at least 80% of its total assets—including any capital borrowed for investment purposes—to bonds. Its portfolio may encompass a broad spectrum of debt instruments, such as corporate bonds, government notes, convertible bonds, commercial and residential mortgage-backed securities, and zero-coupon offerings. The fund has a global mandate for corporate debt, investing in securities issued by companies across numerous countries worldwide, which may also include those based in the United States.