The fund primarily allocates its capital to debt instruments, typically committing a minimum of 80% of its net assets (including any funds obtained through leverage). It maintains a flexible duration profile, managing its interest rate sensitivity by targeting an average portfolio duration that can range from negative two to positive four years. Furthermore, the fund may employ derivatives, which are financial instruments whose value is derived from an underlying asset, such as equities, fixed-income securities, raw materials, foreign exchange rates, interest rate benchmarks, or broader market indices.
