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Investment returns and principal value of the Fund will fluctuate so that an investor’s shares, when redeemed, may be worth more or less than their original cost. Some of the principal risks of investing in the Fund include:
Strategy
Seeks to maximize total returns from a combination of price appreciation and income by:
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Investing predominantly in a diversified basket of emerging-market (EM) local-currency sovereign-debt issues, while actively managing currency risk, with opportunistic allocations to EM hard-currency sovereign and corporate debt
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Leveraging our extensive experience in EM-debt investing, utilizing fundamental and quantitative research capabilities with a global team of portfolio managers and traders
Portfolio Management Team
Investment Risks to Consider
These and other risks are described in the Fund’s prospectus
- Corporate debt obligations risk
- Derivatives risk
- Emerging-markets risk
- Fixed-income securities risk
- Focused portfolio risk
- Lower-rated and unrated instruments risk
- OTC derivatives counterparty risk
- Sovereign debt obligations risk
- Structured instruments risk