The investment seeks to maximize total return, consisting of current income and capital appreciation.
The fund normally invests at least 80% of its net assets in the debt and fixed income securities issued by the U.S. government and non-U.S. governments and related agencies and instrumentalities. These securities can be denominated in either U.S. dollars or non-U.S. currencies. It invests in issuers located in at least three countries and no more than 25% of the fund's total assets may be invested in issuers located in any single non-U.S. country. The fund may invest up to 35% of its total assets in debt and fixed income securities. It is non-diversified.