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Goal and Strategy
The Fund’s primary objective is to generate income for distribution to its shareholders, with capital appreciation as a secondary objective. The Fund invests in a diversified portfolio of corporate and government bonds. In choosing bonds for the portfolio, the Fund’s managers evaluate the full spectrum of bonds in the marketplace and diversify across a number of industries. It is contemplated that at least 30% of the value of the Fund’s total assets will be rated investment grade or higher by Moody’s or Standard & Poor’s at the time of investment.
Average Annual Total Returns
Monthly Performance (%)
as of 7/31/10
Quarterly Performance (%)
as of 6/30/10
Cumulative Returns
Monthly Performance (%)
as of 7/31/10
The performance data shown represents past performance, which is not a guarantee of future results. Investment returns and principal value will fluctuate, so that investors' shares, when sold, may be worth more or less than their original cost. See performance data current to the most recent month-end, which may be higher or lower than that cited.
Performance figures assume that all distributions are reinvested.
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