Strategy

Seeks high risk-adjusted returns by:

  • Investing primarily in US corporate bonds, but may also invest in bonds of non-US issuers in both developed and emerging markets

  • Emphasizing rigorous credit analysis and security selection that focuses on superior upside/downside characteristics

  • Combining quantitative and fundamental techniques designed to protect value in down markets and capture return in up markets

Portfolio Management Team




Investment Risks to Consider

These and other risks are described in the Fund’s prospectus

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:

  • Corporate debt obligations risk
  • Derivatives risk
  • Equity securities 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


Fund Literature