- Potential stability of bonds can help balance the volatility of stocks.
- Shorter maturities seek to help protect principal.
(As of )
The Fund seeks to provide high current income consistent with preservation of principal. The Fund's principal investment strategy is to normally invest at least 80% of the Fund's assets in investment-grade debt securities that have a dollar-weighted average portfolio maturity of 18 months (one and a half years) or less.