The investment seeks current income; capital appreciation is a secondary objective.
The fund invests primarily in fixed income securities. It invests, under normal circumstances, at least 80 percent of its assets in fixed income securities of all types. The fund seeks to avoid companies that are deemed inconsistent with the Stewardship investing core values. It will maintain a dollar-weighted average maturity of three to 10 years. The fixed income securities in which the fund will primarily invest include corporate bonds and notes, U.S. government agency obligations, mortgage-backed securities and asset-backed securities.
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