| Investment Objective: |
The Fund's primary investment objective is to provide income. The Fund's secondary investment objective is total return. The Fund invests at least 80% of its net assets in securitized credit investments include investments that offer exposure to pools of mortgages, loans, receivables or other assets such as agency and non-agency mortgage-backed securities (including commercial mortgage-backed securities, residential mortgage-backed securities and collateralized mortgage obligations), asset-backed securities of any kind (including collateralized loan obligations ("CLOs")) and other similar securities representing interests in or that are backed by cashflows from various assets, such as loans, leases and warehouse facilities, and related instruments. The Fund's investments may be allocated across a variety of securitized credit investments, including mortgage-backed securities, other asset-backed securities, and CLOs. The Fund expects normally to invest in a combination of investment grade, below investment grade, and unrated debt instruments. The Fund may invest in securities of any credit quality, duration or maturity, and the securities may have fixed, floating or variable interest rates. |
