The investment seeks to achieve as high a total rate of real return on an annual basis as is considered consistent with prudent investment risk and the preservation of capital.
The fund invests at least 80% of its net assets in inflation-indexed bonds and other income-producing securities. It may also invest in other income-producing securities of any kind. The fund generally intends to maintain a dollar-weighted average credit quality of A or better. It may invest up to 15% of its total assets in securities that are not denominated in U.S. dollars.