The investment seeks to maximize total investment return consistent with prudent investment management, consisting of a combination of interest income, currency gains and capital appreciation.
The fund invests at least 80% of the value of its net assets, plus any borrowings for investment purposes, in fixed income securities of issuers located in a number of countries throughout the world, which may include the U.S. It invests in securities from at least three different countries. The fund may purchase securities denominated in foreign currencies or in U.S. Dollars.