The investment seeks high total return.
The fund invests at least 80% of its assets in U.S. dollar-denominated debt securities of issuers located in emerging market countries. The adviser seeks high total return by investing primarily in fixed income securities of government and government-related issuers and corporate issuers in emerging market countries. The securities in which the Portfolio may invest will primarily be denominated in U.S. dollars. It may invest in fixed income securities that are rated below "investment grade" or are not rated, but are of equivalent quality. The fund may also invest in convertible securities. It is non-diversified.