During periods of ordinary market activity, the fund will allocate at least 80% of its net assets to various debt instruments. Such debt holdings usually span U.S. corporate bonds, preferred equity, exchange-traded funds (ETFs) dedicated to bonds, government-backed debt, and privately issued debt securities. Furthermore, the fund possesses the flexibility to invest in fixed income offerings from both domestic and international companies, as well as those originating from governmental bodies, their associated agencies, instrumentalities, or sponsored corporations, including global organizations.
