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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:
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Investing in a global portfolio of investment grade, fixed-income securities
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Hedging non-US dollar-denominated positions to US dollars to minimize the risks of currency fluctuations
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Drawing on a large global team to evaluate the top-down factors influencing markets as well as the bottom-up factors affecting bond prices
Portfolio Management Team
Investment Risks to Consider
These and other risks are described in the Fund’s prospectus
- Corporate debt obligations risk
- Derivatives risk
- Fixed-income securities risk
- Liquidity risk
- OTC derivatives counterparty risk
- Portfolio turnover risk
- Sovereign debt obligations risk
- Structured investments risk