Income

The strategy's objective is to achieve income and long-term capital appreciation by investing primarily in fixed and floating rate debt securities and debt obligations of government, government-related issuers, supranational entities and corporate issuers located in emerging market countries.

The strategy seeks a high level of current income and, secondarily, preservation of capital, by investing predominantly in floating interest rate senior secured corporate loans (floating-rate loans) and corporate debt securities.

The primary objective of the strategy is to seek to provide a high level of current income. As a secondary investment objective the strategy seeks capital appreciation over the long term. The strategy dynamically shifts across a variety of global credit sectors and selects securities with a bottom-up approach while managing duration and currency risks.