We believe that a diversified approach to adding value will deliver more consistent results, so we employ multiple concurrent strategies and take only moderate risk in each, thereby reducing the risk of poor performance arising from any single source. It is a weighted maturity at present value of all principal and interest payments. Net of fees and expenses.
Past performance is no guarantee of future returns.
Investment return and principal value will fluctuate so that Fund shares, when redeemed, may be worth more or less than their original cost. All results include changes in share price and reinvestment of all dividend and capital gain distributions. Fund holdings are subject to change. The fund can invest in high yield bonds, which are lower rated securities involving greater risk to principal than an investment in higher rated bonds. The credit quality of the investment in the portfolio does not apply to the stability or safety of the fund.